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THE PACIFIC PROBLEM. MR. POLLOCK REVIEWS - TEE -WASHINGTON CONFERENCE.
"
THE HONGKONG DAILY PRESS, FRIDAY, JANUARY 2716, 1919.
THE SEAMEN'S STRIKE.
MEN DRIBBLING BACK FROM ..
CANTON.
COMPANY MEETINGS: WEST POINT BUILDING CO., LTD. "The thirty-third ordinary general meet-
two ago that sixteen seamen had evaded Hon. Mr. A. O. Lang, Mr. A. S. Gulbay, liquidate. and wind up the Company.
After the Secretary had read the notice convening the meeting
The rent account shows an increase of just over $15,000 due mainly to increased demand for coal and timber storage on our K.M.L.49. It may interest you to learn that since the beginning of the year The Hon. Mr. H. E. Pollock, K.C.. The best indication of the strike situa-ing of the West Point Building Co., we have sold, at the price of 83.00 per tion is to be found in the fact that seu Ltd., was held at the offices of Messrs. Square foot, the whole of this, with the essayml the injossible, yesterday morn
men aro, dribbling back to the Colony Jardine. Matheson & Co., yesterday at stand our 1 houses Nos. 41-63; Canton exception of the small aren on which ing. Ha undertook-ýr the organisers of
The movement is much 11.30 am, Sir Paul Chater,, C.M.G.. Road, and we hope before long to find a a meeting ng the Helena May. Institut. from, Canton.
story presiding. There were also present: the to enable us in the not distant futurs to buyer for this remaining portion so 29 lid on his behalf-that he would giverger than was indicated a
published by a contemporary a day or A short address on the Washington Conference," Mr. Pollack made a gallant the pickets at Canton station and travel. Mr. D. Ga H. Bernard (Board of Direc The property we own at the Peak has attempt to summarise and explain in auled by tratu as far as Shatin and then tors), Mr. M. S. Northcote (Secretary), just been sold, also our two Shaukiwan
walked to Hongkang in order to evade and the following shareholders:-Messrs in the balance sheet.
lots, the latter at a small loss, as shown hour the work of the last two-and-a-half the pickets at this end. This gives a
Investments ia months, but after 30 minutes he was very inadequate idea of the movement. A. B. Stewart, J. Bell-Irving, L. Smortgages show again a slight increas| obliged to give up the struggle and the because the Canton traia does not stop in the first place the story is pot true.
Greenhill, E. J. Chaparas, E. Sailick, J. 2000-giving a corresponding increase members of the reading circle expressed at Shatin. The facts are that altogether
T. Bagram and He Leung.
in revenue derived from, interest. Invest- ment in shares has also risen from. the hope that he would tell the rest of the about 700 men have so far returned to
$359,335 to 8491,312.48 and, as you will the Colony by train from Canton, We story ou another piccasion.
observe, our holdings are well below the learn that since the strike began (3,500 Leamen have gone up to Canton from will have seen from the report that the
The CHAIRMAN sail:-Gentlemen,-You market values no the close of the year. tiongkong by rail at the expense of the entire assets of the Company consist now dividend of 83.23. per share absorbing We now propose to pay the usual Seamen's Union. Each and is supplied of cash, and that it is proposed to place 365.625 and to carry forward the suu by the Union with a return ticket. While the official of the Senten's Union in the the Company in liquidation and wind up of $54.475.75 which is an increase over Colony are aware that men are drib-For this purpose notice has already been that of last year of 817,015.34 and this I bling bark in small numbers," they are meting, in consider and, if thought it, beg to propose that the report and given calling an extraordinary general trust will meet your approval. I now unable or unwilling to offer any explan tion: but the obvious deduction from the ass tile necessary resolution, for the 3rd balance sheet as presented be adapted and fact that as many as 700 have returned of February next to be followed by a passed and when this has been duly the men dreinst their enforced idleness month, at which meeting a liquidatorsion, is that there is a growing revolt among confirmatory meeting on the isth of that secondled the accounts will be open to dis Whether any of these X) myn have gone will be appointed. The company has
The Rev. Father ROBERT seconded, and back to their ships is a matter on which practically no creditors but, of course, the resolution was carried. no information is available
certain expenses, such as alvertising, the important fact that steaners which urred, so that it is impossible to state For the present it is sufficient to note printing, Liquidator fees, etc, must be have been held up by the strike are now exactly the amount which will he return beginning to nove, and it is evidently abr ty shareholders. However, as you causing a good deal of annoyance and wills, the nvailable cash is considerably disappointment to the officials of the Sea- in excess of the Company's capital. men's Union. They were aware yesterday that three steamers-the Blue Funnet the report, and accounts as presented and 4 now beg to propose the adoption of steamers Protesilaus and Trucer, and theater this has been seconded the acepunts E. Sars seemed that Me. H. Percy. Ar.. Balavisa proposed and Mr. China Navigation steamer Linen-bad will be epen to discussion and bars Smith and C. Bernard Brown be reselect- felt the port that day, and it is assumed folders tung ask any question they mayed nuts for the Company "during the that they picked up Shanghai crews in desire to fut.
We understand that four Junk Bay."
present yen and the motion was adopted.} This was at the basiness before thei steamers which had been deserted by their Chinese crews were able to get away
meeting. Yesterday.
Mr. Pollock mentioned, at the hutset, that he was under the further handicap of having hair very short notice of the desire of the members to hear him on the Washington Conference, so "he haped his remarks would be regarded as an informat talk, idr. Pollack criticised the elario and even the acetracy of the cables received from Washington and publishes in the local press, but towing to con siderations of space) it wil be veessary to refer renders to them rather than follow the waker through his amary of the achievements of the Conference, in cluding, of course, the Quadrupl Agree ment, the agreement as to the ratio of battleship, the sbmarine and aircraft discussions, the deliberations regarding use of poison gas, etc., etc.
Mr. Pollock gave a little geography lessun before he dealt with these matters, in order to show how American and Japanese interests were able to cash in the Pacife: also the isolated position of the Phillipine Islands which he described as America's hostage to fortune," Sup- posing war unhappily broke out between the Bed States and Japan it would be impossible for America to get to the Phillipines before Japan invaded them.
The rumour, which was current a few it was no good minimising the precarious position of the Phillipine Islandy in such days ago, that the railway man in the an oventuality. On the other hand, if service of the Chines Section of the Kow- Japan, in spite of the 4,000 miles of octing was not altogether untrue. We are loon-Canton railway contemplated strik- intervening, should get a featbold in San
given to understand, however, that there Francisco, she would still be a very long is no longer any danger of this happen way from defeating the United States.
Ing.
will collage very soon after the Chinese The belief is growing that the strike New Year holidays.
A DANGEROUS "DRUNK." ARMED WITH A PISTOL AND HOLDS
TP A RICKSHA.
John Abraham, an African, employed as a foreman at the Mopin godown, Hung hom, was charged at the Magistracy, yesterday morning. before M. R. E. Lindsell with disorderly behaviour whilst in possession of a lended revolver.
.
11t
Mr. Chapis seconded and the resolut tion was carried unanimously
The appointment of Mr. D. G. M. Bernard t the Board of Diretors was unanimously continued on the motion of Mr. A. S. GrBray, seconded by Mr. J. BELL-LIVING.
On the motion of Mr. A. S. GUBBAY.
appointment of Mr. S. S. Perry, to the seconded by Mr. M. S. Nouvitcore, the
Board of Erectors was confirmed.
Sir Robert Ho. Tung and Mr. A. Sj Gublery were reelected to the Board of Directors on the notion of Mr. H. PERCY Santa, seelanded by Mr. E. M. KayMosn,
*
HONGKONG LAND INVESTMENT AND AGENCY col, LTD.
The thirty-third' ordinary general meet- The Hon. Sir Past Chater and the Honing of the Hongkong Land Investment Mr. A. O. Lang aer re-elected to the and Agency Co., Ltd.. was held at the Board of Diretors on the motion of Mr. offices of Messrs. Jardine, Matheson d A. B. STEWART, seconded by Mr. Hu Co., yesterday, at 12.13 p.m., Mr. D. G. M. LENG.
Bernard presiding. There were also busi-present:-S. Paul Chater, C.M.G., Sir Robert Ho Tung. Mours. A. S. Gubbay, H. P. White and S. Perry, (Directors), and the following shareholders: Messrs. 1. Perry Smith, E. Sadick. L. S. Green. hill. A. M. L. Soares, E. N. Raymond, Wilton, J. T. Bagram, E. J. Chapman, A. Eli E. Ellis, J. A. Arnold, R. J. Rev. 3. T. Holman, and the Rev. Father Robert,
The CHAIRMAN: That is all the ness before the meeting. Gentlemen.
HONGKONG CENTRAL ESTATE, LIMITED.
convening the meeting,
After the Secretary had rend the motica
!";
Mr. Pellek mentioned these ecrimide rations, evidently not in a ranie monger ing nor a belligerent spirit, but in order to alve point to the argument, that the relations of the United States ant Japan were eminently of a kind to make friendly conference and agreement the best way of handling them. Noting that the Quad
The eighth ordinary general meeting of rude Agreement still required · ratifica-
the Hongkong Central Estate, Limited. tion, as far as the United States was con- corned by the Anierican Senate, Mr.
was held at the offices of Messrs Jardine, Pollock said he was sorry, to read, in
Sir Paul Chater, G... presiding Matheson & Co. yesterday, at 11.45 am.. recent telegram, that ex-President Wilson,
There were also present: Rev. -whom one alfags regarded as a man
Robert, Mr. D. G. M. Bornard, and Mr.
The CHAIRMAN said-Gentlemen,-The of peace: the nunn who put the principic |
5. S. Perry, (Board of Directors). Mr. ovement in the property market, which of the League of Nations in the forefront
M. S. Northeete (Secretary), and the may be said to have commened during of the Treaty of Versailles--for some William Frank Culon, a warder
shareholders:-Sir Robert Ho
the year 1918, has been steadily main ronson seemed to be against the Qund the Victoria Gaal, stated that on the pre-
following
Mr. E Sadick, Mr. L. S. Green-tained, and your directors have sold dur. ruple Agreement. Mr. Wilson, apparent vious day he was riding in a riekaba hill and Mr. J. T. Bagran.
the year under review properties in ly, opposed the pact on the ground that near. Gun Club Hill when the de
After the Secretary had read the notice the Kowloon peninsula, and on
the Eastern and Central Districts on it did not constitute a minor League offendant approached and attempted to convening the meeting
the Nations but set up another Balance of stop the ricksha of a lady, who was,
The CHAIRMAN said:-Gentlemen,-The amounted to $2,391,065.85. The net profit Shareen. The profit on these sales Power," likely to result in furthers wars riding in front in another ricksha. When net profits for the year now under re and entanglements, The unfortunate the warder, who was some distance be-
view amount to $132.150.93 as compared and commissions, is 2,457,521.21-at for the year, after paying all charges thing was that Mr. Wilson's view might hind, shouted to warn him off Abraham,
with 8734,564.3 for 1920 and $100,232.70 influence the Senate against ratification it was alleged, transferred his attention for 1919, which sum. however, includes sent a record in the history of the of the Agreement.
to him and stopped his ricksha. Realis from the sile of investment in shares dividend of $ per share, and it is now an amount of 813,525.34 profit derived
Company. Mr. Pollock summarised briedy (oring that the inn was in
In July last you".
you received an interim dangerous touched upon only, in some cases) the condition, it being indicated to him that he rent account shows an improvement proposed to deal with the available matters involved in the Manchurian ques he was in possession of a revolver, the
aver. 1920 for some $30,000, the year hav-balance as follows:- tion, the Shantung question, the cession warder jumped out of the ricksha. and, ng received the full benefit from revised to pay a final dividend of of Tsingtad, the Siberian qucation, knocked the defendant down, at the same
rentals on the expiry of old time leases. extra-territoriality, etc.
During the year the machinery operat: To pay a bonus of per The Shantung time relieving him of the pistol. During Question, he remarked, raised
the the time that, the warder was attending Prince's building has been pirely re-
ing
zeven lifta in Queen's and problem of other territories leased to the lady who was in a very frightened sewed with modera plant, the coat of To pay a bonus to the staff of by China to foreign powers, including our state, Abraham speaked away and diswhich is being spread over a period of
And to carry forward own New Territories. As to them, the appeared in the darkness. The police,years and this in a measure accounts Chinese delegates raised some question na however, traced and arrested him, and at for the increase on the debit side of the to whether they could not be given back the Police Station he admitted and be re-absorbed in the Kwangtung pro- Inspector Aris that the revolver was the property was $33,344.20, as against to profit and loss a:count. The repair to vince. Mr. Balfour had no difficulty in loaded. The magazine was missing from only 89,414.11. These two buildings also disputing and, he would say, refuting the the pistol, however, when the inspector received a Chinese contention. Mr. Balfour explain produced it for the inspection of the and renovation. Government rates have thorough external repainting ed, very clearly, that the object of the Magistrate.
automatically increased, while other items acquisition of the New Territories was to It was explained that the charge of of expenditure are practically the same. ensure adequate defence to the Colony of disorderly conduct whilst is possession of
We maintain the same dividend as that Hongkong and its harbour; that, in case a loaded pistol was based on the admis- for 1920 viz. per share and Marry for of war, these could not be adequately sion extracted from the defendant on his ward some $68.000 more than at the close
ecured without the possession of the arrest, and it was assumed that the of 1920.
I now beg to propose that the New Territories.
magazine dropped out during the struggle. report and balance sheet as presented be Questioned as to the demeanour of the adopted and passed, and when this has defendant during the encounter, Warder beer seconded the accounts will be e Culon was of the opinion that it was for di cussion and I shall be pleased to not of a threatening nature, Defendant answer any question shareholders may was holding the revolver as
desire to put a drunken man would hold it.
Sir Defendant stated that be was drunk and did not know what he was doing. He could not dispute what the witness had said; it would be quite true.
"Perhaps 1 may tell you, as a per- sonal rennniscence," added Mr. Pollock, that that was the ground upon which we obtained them. I happen to know be cause I was the bon. secretary of the Navy League Jocal, branch when that ces Bion was made, and we had been working pretty hard on the question of obtaining this extra extension. Our arguments were ultimately accepted by the Home "Government, simply and solely on the grounds of defence and not on the ground of any commercial advantage."
At the conclusion of the lecture, Mrs. Dingman, who presided, expressed the thanks of the meeting to Mr. Pollock for bis address.
ARMED ROBBERIES.
The Magistrato: Of course, it is true. Drunkenness is no excuse for a crime. You are fined $50; in default of payment you will go to prison for three weeks with hard labour. You cannot be allowed to go about like that with a loaded pistol even if you are drunk. This should servo as a lesson to you.
COMPANY REPORT. HONGKONG TRAMWAY CO.,
ACCOUNTS FOR 1021.
the
ROBERT HO TUNG seconded the pro- posal, and the resolution was carried unanimously
The
appointment of Mr. D. G, M. Bernard and Mr. S. S. Perry was unanimously confirmed on the motion of, Mr. J. T. BAGRAM, seconded by Mr. E.
SADICK.
The Rev. Father Robert was re-elected to the Board of Directors on the motion of Mr. 5. S..PERRY, seconded by Mr.
S. GREENHILL.
M. H. Percy Smith wa
was re-elected auditor for the Company at a remuneri tion of $100 per annum on the proposi tion of Sir RoLERT HO TUNO, seconded by the Rev. Farz ROBERT
her share.
share
250,000.00
-450,000.00 8.000.00 1,919,0765,41,
$2,047,078.41
with your approval. a distribution which. I trust, will ment
invested in property is less, the difference notice that while naturally the amount Turning to the balance sheet. you will
is more than covered by the increase in amount advanced on mortgage. Invest- ments in shares are some $13,000 lesa than last year, as we disposed of Rome Praya East Reclamation has now begun of our holdings at a profit. Work on the
ment 8331.335.80, which represents about and un to date we have paid the Govern
one-third of the amount to which we are cmmitted.
When this is completed. your Company will receive a very consid.
rable area of valuable property.
We have eliminated from the balance sheet the provision for hart and "donbtful debts, which first" appeared in the 1918 necounts as it
how seems improbable that this sum can be recovered.
Ac- the Company at the close of the year had counts payable are considerably less, an
in place of the usual overdraft.
small credit balance at their bankera
somewhat less than in the previous year regard to ordinary" revenue, rents, are
other hand, the amount debited to profit owing to sales of n
"property. On the
ensiderably reduced, and there has lo and los necount for interest has been been a decrease in expenditure on repairs
The work
With
LTD.ness before the meeting, gentlemen.
The CHAIRMAN: That is all the busi-pkeep of property during the ab-
Divi dend warrants are now ready and can be had on application. HONGKONG LAND RECLAMATION COMPANY, LTD.
A burglary by armed men took place at 130, Winglok Street, early yesterday morning. Three robbers made an catranen through the fanlights which had been The result of the year's working, sub- left open. They had succeeded in open- ject to audit, is as follows:- ing "the chest of drawers in the front Gross profit (after
room, and extracted therefrom $50 worth
charging depré- " ciation)
terest
£87,191, 2. 7 loon in-
6,320, 2.11
of jewellery and a small amount in notes, when they were surprised by the mistress Less
shouting Save life. The robbers, beat
a hasty retreat through the trap-door
leading on to the roof. A dagger was Brought forward from 1920 afterwards found near the trap-door which one of the three robbers dropped in his flight.
Less interim dividend of 18.
per share
Balance
The twentieth ordinary general meeting of the Hongkong Land Reclamation Co. Ltd., was held at the offices of Messrs. £00,791.18. & Jardine, Matheson & Co., yesterday, at 7,568.14. 4noon, Mr. D. G. M. Bernard presiding. There were also present: Sir Paul Chater, GS,360.14. C.M.G.. Sir Robert Ho Tang Mosers A. S. Gubbay, and S. S. Perry, (Board of 16,250. 0. Directors), and the following sharehold ers:-Messra. E. Sadick, L. S. Greenhill, £32,110.14. 0 H. Percy Smith, E. M. Raymond, J. Bell
Irving and the Rev. Father Robert. minutes convening the meeting,
After the Secretary had read the The CHAIRMAN Bold:-Gentlemen. The Company has again bad your's working: the net profits being
very successful 809,540.64 as against 870,341.82 for the
Another armed robbery is reported from the hamlet of Longshaitsung, in the Kowloon City district. Shortly before! midnight on Wednesday, three, men
The Directors now recommend a forced their way into a hut and stole final dividend of 18.7d. per share clothing valued at about ten dollars, and amounting to £25,729.3.4, to be payable & roll of conte amounting to 86.02. When in April next at exchange of 28. 7d.-61.29 the master of the house proteated. he was cents per share. (a total for the year of knocked down, and pepper thrown into 81 per share) leaving £20,381.10.8 to be Lia eyes.
carried forward.
previous year.
sence on leave. of Our Secretary and throughout the year, has been uniformly satisfactory, and I am sure you will Tee with the recognition we propose to
make them.
I now beg to propose the adaption of the report and accounta and when this has been duly seconded,
As presented. the accounts will be open to discussion.
The motion was seconded by Mr. A.. M. L. SCARES and carried unanimously.
Mr. R. J. WALTON proposed and Mr. J.T. BARAN seconded the confirmation of the appointment of Mr. SS. Perry to the Board of Directors and the motion was carried.
The re-election of Sir Robert Ho Tung and Mr. H. P. White to the Board of Director was carried on the motion of M, F. ELLIS, seconded by Mr. A. ELLIS. C.
Mesars H Percy Bmith and to the Company for the current year ab Bernard Brown were appointed anditora
motion of Mr. E. J. CHAPHAN, seconded a remuneration of $750 each, on by Mr. J. AnnoLD.
the
The meeting was then declared cloned.
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