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gaiety of nations in any part of the world Just now: We are, however, nearing the
As regards China, we believe that the and of the second year of depression and would be wise to settle her outstanding alter the severe slump" in practically disputes with Japan, as it is always NEW YEAR GIFTS. annual dinner of the China everything, except taxation-langhior) dangerous to prolong a quarrel with a Association was held on November ath, we may console ourselves with the reflec powerful neighbour especially when the tion that there is no room for a further statur: que involves the partial oc at the Hotel Victoria, Northumberland fall to anything like the same extent. As cupation of one of her largest and most Avenue, London, Mr. F. Anderson, Preit is darkest just before the dawn, per important Provinces. China approaches sident of the Association, in the chair. hare we may be nearer some measure of the Conference with high hopes that There was a large gathering of Obingcovery than many of us think. When what went against her at Versailles will we are inolined to be despondent about be rectified at Washington. We hope it hands, and the list of members and guests the future, I often think it is not a bad may by the conciliatory attitude of plan to take a glance at the past, to Japan, but China is hampered by two present was as follows:
Sir Charles Addis, K.C.M.G., st look back as well as look forward outstanding and over present dificulties If we do that we see that, in our | -discord and financial embarrassment. Philip Lloyd Greame, M.P., Admiral Sir rough island story, the old country It is now ten years since the first, revolu Martyn Jerram, G.C.M.G., Capt. Barry many a time has had to face a sea of tion of 1011, and China is no nearer the Bingham, V.C., Sir William "Clark, Si troubles, and that, as they say in Scot establishment of settled government to Montagu-Turnor-General C. E. Woodland, by putting a "stoot heart to a day than she was then. Ten years may she has invariably ended to a short time in the life of a nation, roffo, Brigadier General J. L. Rose, Siratae bras, Arthur Anderson, Mr. J. M. G. Prophit them. You may be quite sure that she but it is a long time in the life of the Alr. V. Wellesley, Sir E. Denison Ross, will do that again and again, and what present generation. So far discord had Sir Alfred Dent, E.C.M.G., Sir we can do as a nation, each of us can aggravated Bourne, C.M.G., Mr.A. G. Angier, M do individually (Hear, haar.).
THE WASHINGTON CONFERENCE." F. J. Abbott, Mr. F. L. Baker, Mr. H Buntoft, Mr. M. Baring, Mr. Henry The supreme event of 1931, the entirely Barnes, Lieut.-Col: A. J. Barry, Mr. K overshadowing happening of the year, is A. Wolfe Barry, O.BE.. Mr. Charles the Conference at Washington which has Beswick, Mr. T. Bond, J. W. Cbeen convened by President Harding. Bonnar, Mr. H. R. Boyd, C.B.E, Mr. The effect of the President's action up to F. Brady, Mr. H. F. Brady, Mr. Bryon now seems to me to be similar to the Brenan, C.M.G., Mr. H. Bridges, Mr. effect upon a battalion on the march. J. S. Bruce, Mr. A. W. Burkill, Mr. W when the officer commanding gives the prevailing at present can continus very much longer. In any caso, whatever B Buyers, Mr. C. T. Calioglu, Mr. A. R. order, Halt-Mark Time." In general, Carre, Mr. E. Carroll, Mr. A. I feel as if the entire civilised world were course China may think it wise to take Catlin. Dr. Chaplin, Mr. Charles C marking time, and were waiting to see in trying to rebuild hor aystem of BEAMEN'S INSTITUTE Clarke, Mr. T. P. Cochrane, Mr. D. W whether the statesmen of the Great government on a stable basis, or in re Crawford, Mr. J. Crockatt, Mr. T. Powers will be able to find paths upon organising her finances, or in reforming Cullen, Mr. Alex. Cumming Mr. C. W which they can travel, leading towards her judicial system, we are sure that this Darbishire, hir. Leslio Dent, Mr. R. P. national development, along national country will always be ready to give Dipple. Mr. Geo, B. Dodwell, Mr. L. G. lines and without crossing. In particular every assistance to such reforms at any Dodwell, Colonel G. C. du Cane, Mr. i feel that we who are connected with time that China may want it. (Hear,
hear.) A. W. Drury, the Hop Mountsinart China are also marking time and for the Such questions as the Elphinstone, Mr. W. Fisher, Mr. W. Temple Franks, C.B., Mr. C. A. Fraser, strength of our Navy in Eastern waters, Air. W. Fruser, Rev. A. Gardner, Mr. the development of our sea-borne trade H. Gardner. Mr. Wade Gardiner, Mr. in the Pacific, our relations with the H. J. Gedge, Mr. B. L. Gibbs, Dr. Lionel Chinese Government, perhaps even the Giles, LL.D., Dr. J. Gould, Mr. G. E. A constitution of the Central Government Grindle, C.B., Mr. R. S. Gundry, C.B. of China, itsalt, are all matters which Mr. H. A: Gwynne, Mr. Roland M. Hall, will be affected by the outcome of the Mr. Horace G. Harwood, Mr. Wu, Har Conference. Its procedings will be wood, Mr. E. S. Haskell, Mr. J. S. followed literally by hundreds of millions Haskell, Mr. A. C. Henning, Mr. A. of people in both hemispheres, in the Hide, Mr. Robert H. Hill, Mr. E. J. hope that its deliberations will result in Houle, Mr. H. G. Howard, Mr. L. S permanently establishing harmony and Hudson, Mr. H. E. R. Hunter, Dr. J. W. good will amongst the nations represent Jackson, Mr. H. D. C: Jones, Mr. John ed. From the cordial reception given on Johnstone. Dr. G. P. Jordan, Mr. H. Hall sides to President Harding's invite Joseph, Mr. Wm. Jupp, Mr. Leonard tion, we are justified is expecting that Kert, Mr. G. Koettgen, Mr. David Lan the complicated questions affecting the dale, Mr. F. E. Westley Layton, Mr. L. Far East will be discussed in a spirit of N. Leute, Captain C. O. Liddell, Mr. H. friendly consideration and common sense W. Looker, Mr. A. R. Love, Mr. D. The Association hears with great pleasure Macdonald Mr. C. Mackintosh, Mr. H. of the nomination of Sir John Jordan as Mailand, Mr. w. R. McCallum, Mr. G. General Adviser on Chinese Affairs to Miller, Mr. B. A. J. Blacray, Mr. P the British Delegates. (Hear, hear, and the market prics to day at the same Massey, Mr. Charles W. May, Mr. C. applause.) His knowledge of China in time that America is buying silver pro- Selby Moore, Mr. J. B. Michael, Mr. S beyond question, and after 45 years' oxunced in American mines at 60d. per oz., H. Michael, Mr. Sidney Michael, Mr. Wperience of him we believe that the best to replace the silver which she formerly A Morling, Dr. H. B. Morse, LLD elements in China trust him as a sincero sold to India. It is an anomalous state Alr. Harold S. Moss, Mr. G. C. Moxon, friend; we also believe that Sir John's of affairs, and H.M. Government can Mr. Charles E. Musgrave, Mr. A record in China has made him persona hardly claim that their action can pos Natzio, Mr. F. J. Norbury, Mr. W prate in America.“
erica The China Associably be considered helpful to British Adams Oram, M. E. Ormiston, Mr. Etion have not been amongst those who merchants in their efforts to revive our V. D. Pärr, Mr. C. Petit Mr. CHC have urged upon our Government to pre Fastern export trade.“ Platt, Mr. W. G. Pratt, Mr. W. E Pres par for this Conference by denouncing ton, Mr. J. M. G. Prophit, Mr. F. Oo Angio-Japanese Treaty, as we looked Reynolds, Mr. Archibald Bose.Clpon Tons unwise to take any step which Mr. G. A Richardson, Mr. D. C. Buther might have had the effect of impairing ford, Mr. Alfred V. Sale, Mr. Charles V the cordial relations which have been Sale, Mr. For Sale, Mr. M. S. Sassoon, established between this country and Dr Scott, Mr. E. F. Seymour, Mr. Japan for so many years. In June last, CE Shahmoon, Mr. S. E. Shahmoon, when this subject was about to be Mr. E.. L. Sim Mr JD. Smart, Mr. brought before the Imperial Conference, Franklin Smith, MD Leo. Smith, Mr. Pwe wrote to the Foreign Office suggesting Smith, Sir Newton Stabb, Mr. E that an effort should be made to have Sutton, Mr. W. Theodor, Mr. Charles H the general terms of the Japanese Treaty Tinsley, Mr. A. M. Townsend, Mr. J. C. embodied in a Declaration and subscrib- Ward, Mr. A. G. Moray Weale, Mr. Hed to by the four Powers, whose nationals W. Wells, Mr. ES Whealler, Mr. E have already concluded & financial Agree White, Mr. T H. Whitehead, Mr. James ment in the Consortium, and that China Whittall ME W. H. Wickham, Mr. C. might be invited to add her signature. L. G. Wilkinson, Mt. E F. Wilkinson, If such a Declaration were signed, and we Mr. A. G. Wood, Mr. A. P. Wood, Mr. cannot see any insuperable difficulty in G. M. Young, and the Secretary, Mr. H. the way, there would be a feeling of re C. Wilcox.
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THE "EXORANON HANDICAP. We are constantly told that one of the chief obstacles to the revival of trade is the instability of foreign exchange. One would have thought that under these circumstances H.M. Government would have been careful to avoid taking any action calentated to affect adversely exchange with two of our most import ant markets India and China. But in deciding to debase our silver coinage and to sell on the market the proportion of the coinage which had been replaced by nickel, our Government has taken a step which obviously tends to depreciate the value of silver, and of Eastern ex- change, thereby directly handicapping our export trade to the East India is the largest holder of silver in the world; she is our largest customer, yet we are doing what we can to depreciate the value of her silver by selling part of our| coinago at about 40d. per oz-never yet
•
CHINESE EDUCATION UNDER BRITISH INFLUENCE
The Association has taken a deep in terest in the development of Chinese education under British influence, and we believe we can rely upon the co-oper ration of many influential Chinese in furthering this movement. The speeches at the meeting of the Associated Cham hers of Commerce at Shanghai show that British residents in China, take a con siderable amount of interest in this qucation. M. Government bare ap pointed a Committee to report upon the whole question, and we look forward with interest to the terms of its recom- mendations in the hope that they will have the effect of still further developing the friendly relations which exist between. the British and Chinese peoples, and which we hope will continue for many years to come. (Applause.)
The usual loyal tomats having been duly Fonoured, the CHAIRMAN gave,
THE SHANTUNG QUESTIÓN. "PROSPERITY TO THE CHINA ASSOCIATION.
He said: I have much pleasure in This is hardly in occasion to discuss
Mr. Byron Brenan proposed the toast rising propose "Prosperity to the the pointa in dispute between China and China Association." I have been your Japan, although we have expressed our of "Our Guests" and Sir Philip Lloyd chairman here and in the Far East for own views on this subject, and also those Greeme (Parliamentary Secretary), in more years than I care to say, and am of British residents in China, quite plain. responding remarked the British have not deeply sensible of the honour you havey in our correspondence with HM only won success in China, they have done me this year in electing me your Government My own feeling is that done something more. They have woD president. In times like these it seems perhaps the fairest way to look at the the confidence and affection of the almost like building castles in the air to case is that the general situation in 1921 Chinese people, and they have won that speak of prosperity in the immediate is entirely different from the position of because long experience has shown them future, but I am not sure that for an affairs in 1915, and that Japan had to that those who go out from this country Association like ours, there are not take into consideration in 1915 grave into the centre of the trade of Chink do 'many, or even more, opportunities of coatingencies which have not to be met, not simply to seek emolument and doing asful work in the gloomy days of in 1921 It is easy to be wise after the rich reward of trade enterprise, but for difficulty and depression than in brighter event, and he probability is that the common interests of that great times when the clouds have rolled by many people in Japan now feel" that country. That is the spirit of this Asi after the storm. When nearly everyone her policy of 1915 may have been missociation, and I should like to pay my is prosperous there is a general dis taken? If 90, it is a sign of strength and tribute to the Chambers of Commerce in position to let well alone, and to let the not of weakness when you have made a China, that admirable association which future take care of itself. Anyhow, we mistaks to admit it. Whatever course holds anmal meetings in Shanghai in are doing our best to keep an eye on she may take, the wide world knows that that spirit. They are worthy of most British interests in the Far East, and I Japan is not weak. We believe that if careful consideration in this country and am sure you will agree with me that we Japan, were to intimate that she had in China (Hear, hear.) This Associa are fortunate in having as our new chair decided to return Kinochow and every tion has the spirit which will permente! man one so experienced and so capable part of Shantung, including the railway, all the activities which this country un- of carrying on the work as Mr. Landale, to China unconditionally, upon payment dertakes in relation to China, and we (Hear, hear.) One of the great advan of reasonable compensation, she would hope the activities of H.M." Government tages he has above many of us is that tare a course which would be wise and and all those engaged in trade and com
merce in this country: - he has returned more recently from the far-seeing, and would command the res
A toast to the Chairman concluded the Far East and is, therefore, in closer pect of the whole world. (Hear, hear.) touch with the views and opinions of Given amicabile and neighbourly relat proceedings. British residents there. He may even tions with China, from an have got oleater notions of the political point of view, Japan has the ball at her situation in China, and be able to fill up feet in the Far East. She is the only the changes that have taken place so nation which Europe and Americs have much more easily than we can who were to fear there, in a commercial sense, but there a very long time ago. He has in we feel, and I am sure the Americans like looking through a fine plate glass augurated his ferm of office with one is also feel, that if we are beaten in fair novation for the first time-in-the-history and square competition by Japanese window," said an American lady, in the of the Association, pur annual dinner has rivals in trade, there would be no course of her remarks while in a trans been made officially dry," so that we feeling whatever between us, any more
economic
PLATE GLASS WINDOW. Looking through my Torie lenses IS
all have the opportunity of enjoying our than there is between competitors of our car the other day. She said just the solves almost as much as if we ware din- own nationality at present. After all, right-thing. It cost a bit more to build ing in New York or even in Washington Japan can never monopolise the foreign a plate glass window and it cost a ba (Laughter.) But Mr. Lamtale hue trade of China-ths is a competitor with
added opfart you derive
thought it wise to have no compulsion in China in many of her principal exports, more to make a pair of Toric-lenses than this matter, excit that you have to and China must take something from the ordinary, fat kind. Tories are more listen to a somewhat dry president; for England, and America in exchange for that worth the suzail difference in cost the rest you all have the opportunity of the produce which they buy from her. fortifying, your system against the rigour So we can all agree to live and let live to you of an Biglish winter, in acordance with fold custom winch everyone connected with the East holds in high respect (Hoar, hear.) Wherever we look around Easter West there is not tanich to inspire cheerfulness in the presente sit ation, or confidence in fle, nosz future, It would not taken to eclipse the
We have all heard with the deepest from their use. Toric lenses of any regret of the assassination of Mr. Hars,
the Frime Minister of Japan, and sym-prescription are manufactured by The pathise with the Japanese people in the Hongkong Optical Co., successors to untimely loss of no eminent a statesman Clark & Co Manufacturing and Refract through an outrage which is condemneding Opticians, 13, Queen's Bond, Central. throughout the civilised world (Hear,
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