P. & O. BANKING CORPORATION, LTD.
(ESCORPORATED IN ENGLAND, 1820.) -- Benton, With, which in affiliated
THE ALLAHABAD BANK LTD
AUTHORISED CAPITAL
SUBSCRIBED AND PAID UP
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Board of Directors:
£5,000,000
82.694.160, £90.000;
The Bt. Hon. LordHINCHCars, G.C.MG, E.CSI, ECLE.[Charman). Bt. Hon the Earl of SALON, E.G., G.C.M.G.
Bir FRIDERICK ELEX. Bart
Bir MONTAGU Conris TraRVER.
Air DUNCAN CARMIONANLA
JAMES MACKENzin, Esq.
M. M. §. GUBAT, Esq., CBI
-
FRANCIS ALAXANDRE JOHNSTON, Eng
ALEXANDER KEMT-WRIGHT, HY
WALTER OSBORN GRAZEBROOK, The Hon. ALYTANDER SHAW, (Managing Director)-
C.I.B. (General Manager).
HEAD OFFICE:-122, Lasdenhall Street, London, E.C.S. West London Branch-14-16, Cockspur Street, London, S. W.1.
Eastern Branches :"
Bombay, Calcutta, Karachi, Madras, Colombo, Singapore, Hongkong and Shanghai
The Corporation undertakes General Banking and Exchange Business of every description and in addition to its Branches has Agencies all over the world.
C. CHAMPKIN,
Des Vant Road, Central, Hongkong
Manager
JAVA-CHINA-JAPAN LIJN
STEAMERS
REGULAR FORTNIGHTLY SERVICK BETWEEN
JAVA,
FLOX
CHINA AND JAPAN.
EXFIGIED, JAWIŁE LMAVE COT OR ABOUT
ABOVE,
TJILIWONG' TJIBODAS TJIMANOEK
TJIKINI
AXOT
MALASBAS
BATATIA
ANOT
"TJIKEMBANG
17th Doo.
19th Dea.
21st Dec.
13th Dec.
4th Jan,
18th Dec.
20th Dec.
27th Dec.
29th Deo.
7th Jan.
Wireless Telegraphy,
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BATAVIA via BANK &
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MAXABBAR & BORRAKAIA
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AVA-CHINA-JAFAN LIJN.
Telephions Flo, 1324)
VEREENIGDE NEDERLANDSCHE
188, MONDAY,
QUR LONDON “LETTEE. POINTS ABOUT THE GENERAL ELECTIONC
DECEMBER
Tib talk of a levy on capital is, of course equivalent to reducing the sarning pawse of industry in all its manifold ramidostions. Instead of making things better for the country, the lever wire pullers of Labour, THE DEMAND FOR A REDUCTION OF who are Socialista almost to a man, would make the country poorer, and increase the ecile of unemployment a hundred- fold. It is sheer madness, and indeed that the hight in which a capital ¦ Iery is regarded,
Labour and the Capital Lery Mr.
Max Pemberton'" Life of Lord.
Northelife.
[FROM OUR OWN CORRESPONDENS.]
LONDON, November 9th. The General Election campaign.produced the usual crop of misrepresentations about men and things, but there has been loss. bitterness than in some political upheavals of the kind in recent times. Perhaps this was due to the fact that Party differences were not so clearly defined as is usual in elections. The fight was not so much about "programmes" or "policies" as leadership; and this gave point to the lant which was heard occasionally that, we had got rid of the Coalition but were to have pretty much the same sort of Government under another name, b
BORD HOSTICKADEEM
** INDO-CHINA
STEAM NAVIGATION: COMPANY,
TSINGTAU WA
THHANGHAI BIRAITS & OSI
HAFPHONG TE HOHOW FUKO WATO
- ВНАХОНАГ
THING TAUSIA BWATOT DIA SHANGHAI TANILA ** BANGKOK VS SWA STRAITS & CALG KORRE STHALK & CALCID: VALUUTTA" LINE
LANTIGA
HÀ PHONG LINE:
We have not had long to wait for if Trife” of Loni. Northolite. This week a book on his remarkable, career is published by Hodder and Stoughton from the pen of Mr. Max Fomberton. The mothar know Ford Northcliffe, when he wa A young free-lance reporter in London; in act, the two were close friends moeting daily on equal terms. The memoir deals with Lord Hartholite career, with, tas intimate scquaintance, that comes of aloss personal coninct, and the reader in enabled fortune the future pear at he appeared to s 8HANGEAI friend and adming with lifelong know ledge. The point that emérgés more than as any other is that Alfred Harmworth was not so much a journalist as great businem man who devoted himself to journalism, In any other walk of life he would have been equally successful. Imay, perhaps, be BORNEO excused it. I recall the fact that this is the estimate 1 farmed for Lord Northcliffe's achievements in the reference I made to ['bim, at the time of his death some months
age, in the course of this correspondence. TSUN KERJ
There is an interesting account of his last illness. He took the tour round the world, BANGKOK LINK visiting Chins on the way, against the advice of his friends. On his return, valvular trouble from which he suffered conquered. It affected every organ. Ha was subject to excitement beyond resecu, and attacked most fercely thoes for whom he had had the greatest affection. Then he went off to Germany to write thes amazing articles which nothing but
Mr. Lloyd George remains personally popular with all kinds of people, but, as I have explained in previous articles, his way of conducting national affairs had ceased to command the confidence of the country. Mr. Asquith in the course of one of his election speeches described the ex-Premier's methods as consisting of carres and rig-zags, and this is not very far removed from the truth. On the same subject Mr. Bonar Law in terpreted popular opinion as having grown tired of feeling insecure about what was being done by the Prime Minister to-day, and not knowing what was going to happen to-morrow.
TILI POPULAR DESIRE."
The fight has been mere on a national basis than any other Genaral Election within living memory. A desire to have Government which would be contant to
be good without trying at the same time ignorance of his condition permitted to to be clever, was insistent in the minds of appear in the Times. A few weeks later the electorate We had, therefore, thehen Mr. Wickham Stead, the editor of the Times, visited ham in Switserland “be spectacle of Tras-blue Conservatives sup- porting Liberals, and Liberals working for instantly recognised that the poison had Conservatives in many constituencies. In temporarily deprived him of his reason. all such cases the text was, firstly, whether SPANISH TREASURE. the candidate would give support to hir Bonar Law's declared policy of "marking tone as they say in the Army, so as to enable the country to settle down economi cally and industrially, and secondly, who ther the candidate would strive to reduce taxation..
In the course of a business visit to Scotland Yard this week I-learnt that the Spanish hidden wealth windler is sctive again. A large number of letters have been received in the London area. by middle-class people containing the oft- told tale of a high personage in a Spanish fortress, who, if the necessary money were forthcoming for his release, could reward his benefactors with a fabulous sm. The addresses are obviously taken from the London Directory; and what surprises Beotland Yard is that there are still so many people of presumable average Of course, every candidate was pro-intelligence ho are gulled in this way. teazadly, at least, an ardent worshipper The only explanation is the desire to get
brine of Economy, and whatever rich quickly.
Porhaps I ought to have pat taxation in the forefront. It has certainly been the election ery everywhere the pancen for all our ills as a nation, the golden bay needed to open the door to trade recovery with consequent employment and a return to national prosperity
SCHEEPVAARTMAATSCHAPPIJens in the next Parliament, there is Bot there is no limit, apparently, to the
(United Netherlands Navigation Company). .
no gainsaying that the way to Westminster gallibility of some folk. It is the same is paved with good intentions. Thers haet the confidence trick. No amount of
HOLLAND OOST AZIE LIJN been a pin to choose between Con-publicity does good or prevents the list of
(Holland-East Aria Idno)
(Members of the Straits, China and Japan Conferences).
Regular menthly service between the
servatives and Jiberals in this respect; victims from being extended. Visitors they are all economists to-day, both in from overseas seem to be most prone to their election addresses to prospective convictimitation by the confidence trickster, atituents and their platform speeches, and I am told that the number of case though the Liberals are more lavish in in the last few months is above the promises than anybody else,
average-HB-
JAPAN PORTS, SHANGHAL HONGKONG ANJ✨ THE CAPITAL LETT.
MANILA
AND. MUAMM
AMSTERDAM, ROTTERDAM, HAMBURG
AND BREMEN Ballings, subject to alterations. Arrivals from Europe.
B.S. "BOEPAT 8.B. "SCHIEDYK
Biaamer
OLDEKERK'
"ROEFAT
For
about 19th December, 1979. about 16th January, 1992.
Sailings to Europe.
Amsterdam, Rotterdam, Hamburg & Bremen Rotterdam, Amsterdam, Hamburg & Bremen.
For full particulars plasse apply to
Beding on or
abom!
6th Jan Begin, Feb.
JAVA-CHINA-JAPAN LIYN
General Agent (
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BARRY
STRUTHERS & BARRY
“UEERATING US GOVERNMENT SHITS.
EXPRESS FREIGHT SERVICE.
TO LOS ANGELES AND BAN FRANCISCO FROM HONGKONG BY DIRECT BOUTE,
U.S.B.B. West
U.8.8.8.
"Apus.”
Das Hongkong 14th Dan, Leave Hongkong. 26th Dec.
Das Hongkong Zürd Jan.⠀⠀
· Leave Hongkong 15th Jan,
W CARGO ACCEPTED FOR TRANSHIPMENT AT SAN FRANCISCO TO WEEKLY
BAILINGS FOR ATLANTIC SEABOARD POETS THROUGH BILLS OF
LADING ISSUED TO UB. AND CANADIAN OVERLAND POINTE TO MANILA, SAIGON, SINGAPORE, BATAVIA, SAMARANG AND SOPRABAYA
USB.B." "West Ivan”
U.S.8.3. "Boarport"
Due Hongkong :: Sth Jan, Lears Hongkong 25th Jan, Das Hongkong - 20th Jan, Lesys Hongkong: 31eb Jan.
THROUGH BILLS OF LADING ISSUED TO ALL FORTH KOT SKETED)
FOR FULL INFORMATIE:AFELY TO
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L. EVERETT,
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INDO-CHINA-STRAITS & JAVA.
1st Floor, Powell's Building, Phone HoTM 2006/
G. P. BRADFORD, B
The Labour Party have been playing a different tune to the rival parties in the élection. Like the Conservatives and Liberals they, too, profess themselves anxious to lower taxation, but their method is not to cut the national cont of much spending to fit the cloth of shrunken national income. Their plan is much more simple and direct, and is known sa robbing Peter to pay Paul. The manifesto issued by the Labour pundits before the election was
When in doubt about your eye
or your glassës Consult
CHINESE OPTICAL CO.
Bye-sight: Spect lists.
the most remarkable thing of its kind into 67 QUEEN'S ROAD CENTRAL
annals of electioneering. Nationalisation of mines and railways, etc., figured prominently in the programme, which is not, perhaps, surprising--we have heard that so often that nobody pays attention to Its like the cry of "wolf" in the nursery
Hongkong
tale--but in addition, and chiefly, the Party DAIRY FARM NEWS. declared boldly for a levy on capital.
Fortunes of £5,000 and over were to be raided to wipe out the national debt re sulting from the war. The money was to The obtained in a lump sum, and the Labour comomists, calculated to their completa satisfaction that this method would bring
FRESH STOCK) OF
something liks £3,000,000,000 into the FILLETS HADDOCKS national exchequer.Wipe out the cost.
of the wat by one stroke," they said in
effect, and we can then start afresh, haring put taxation on the pro-war scale. If a better to get rid of the debt now them to pay interest on it for fifty years.”
AN ALARMING PROPOSAL.
Needless to say, this proposal alarmed every man and woman who has anything to lose. It has spoilation and confiscation written all over it. The uproar it occasioned, frightened even the hardened "intel- lectuals" of the Labour party responsible for the scheme, and since it was published they have been busily engaged in trying to efface the hostility it has aroused. They have been assuring the country that what they meant was not a raid on capital which is being used in industry, but the capital owned by the idle rich," especially the people who made money out of the
KIPPERS
"JUST RECEIVED: DIRECT FROM THE SOOTTISH
FISHERIES:
PREPAID WANTED
ADVERTISEMENTS Lettere are lying at this Office for Bosée LV, K.; KU RW, TH, TO,
》EAK DISTRICT TO LET, Furn PLAY
In Febenar December. Apply Box Y.Oslo Dolly Karam Offer
ANTED
This explanation, however, is not good enough. Nobody but a dunce could be misled with regard to what was intended. The working classes have not been im mrsed by this suggested short cut to the Wathed appropriation of other people's money last 6 Boom Reply They mow perfectly well that the bulk of agent or the capital of the country is locked up in industry, and is represented by costly sunchinery, plant, and equipment of factories and workshops, and is absolutely the production of goods which, in turn means wenith (and, wages and employment.
O BE LET GODOW
Bowing O made" 2,000 MORALE. Lost an Tet te fhamn OL SA PAG
*Box 60%"
Spacious Two
the
NESANG*
ANG
SANG"
ING" KRANG! KANG! FOOKSANG
LIMITED
19th Dec, 19th Docs 10th Dec 10
21 De Noo
Stal Dec
98th Dec, 10
Briana
Brad Bak Jan,
Neons
HORANG Fath Jane p
|_regular_sallinge de Caleutia, Penang and returning from Calcutta"abeamers proved via Strate kung to Japan, cocasionkily balling zi Bhanghaiy
"bare" exoellent. pastanger, socommodati Tipieskie Lighs and rins, and carry a full
ullaby vernola
Alitogs from boili ports every
Sibue" to and from Bendakin by free 5,000 tone "HENSANG and 2 ***MAUSANG". both steamers excellent passenger socommodation Cargo takeof ch Bill of Lading for Kadni Juaniton, Labean, Tawas and Lahad Dat
regular, sorios Ale ran from March to November between englong and Tlantula, maliing at Welbarrel and Ubene.
weekly surice is provided between Hongkong and Bangkok, wla Bankowo by Aramicsmerk fitad, with up-k-date-parring
CALCUTTA
5.3.
LINE
'LAISANG" will be despatched on or about Tuesday, 19th Dec., at 3 p.m., for SINGAPORE, PENANG & CALCUTTA.
Through Bills of Lading issued to RANGOON, MADRAS, PORT SWETTENHAM and DUTCH EAST INDIES.
For Freight or Passage apply tom
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