Page
INTIMATIONS
BOWERN & CO., No. 8, MUSEUM ROAD,
SHANGHAI
Members British Chamber of Commerce (Shanghai). Mr. T. W. BOWERN, Fellow of the Institute of Chartered Shipbrokers, Incor porated by Royal Charter, Lonilón,,
STEAMBHIT AGENTS AND SHIFONOKERS.
For the Furchase, Sole and Charter of Vensela of any Tonnage. Fassenger and/or Cargo, New and/or Old, with delivery China at Very Low Prices,
ره
SALVAOR OPERATORS, MARINE SURVEYORS
AUCTIONEERS, COAL MERCHANTA
FRXIORT BROKERA, METAL MERCHANTS Machinery For Sale, New and Old in First Class Condition. IMPORTERS AND EXPORTERS, SHARR-BROKERS, (Members Shanghai Sharo-Brokers' Associa
tion).
SOLE AGENTS. FOR CHINA- GREEN'S PATENT ANCHORS.
SAMUEL WARREN & CO., LTD. (Shefeld), High Class Steel Maapiacturers (Tank Brandi).
Catalogues and Price-Lists on application. (Erquires Welcomed
CABLE ADDRESS: BOWERY, Shanghai.
CODEs: Bentley's, Scott's, A.B.C.
ith Elition and Improved.
AMERICAN EXPRESS CO..
ESTABLISHED
AMENICA 1841, EUROPE 1691.
HEAD QVNICE:
65. Broadway, New York.
INTERNATIONAL BANKING
AUCTIONS
FARHOULABS of
THE HONGKONG DAILY PRESS, TUESDAY, FEBRUÄHY 6TH, 1923.
VALUABLE LEASEHOLD, PROFERTY
Situate
No. 18, WING HING STREET.
VICTORIA, HONGKONG, " To be Bold by Order of the Mortgagee
By
PUBLIC AUCTION. IN ONE LOT On MONDAY,
The 18 Day of F23., 1993, at 3 o'clock FM.
ΣΟΥ
Mess. LAMMERT BROTHERS AT THE OFFIOR, DUDDEĻI STRENT,
HE Property consists of First ALL T THAT piece of parcel of ground situate at Victoria in the Colony of Hongkong and registered in the Land Office as SECTION of INLAND LOT No. 9166 together with the messuages erections or buildings thereon ow known as No. 12, Wing Hing Street and Secondly ALL THAT strip of land at the rear of the said Section A of Inland Lot No. 2168 being a scavenging lane. All of which pre- mises ara held for the residue of the term of 75 years from the 18th day of May, 1918, created by the Crown Lease thereof together with the valuable machinery now situate in or upon the said premises and at No. I Gordon Street.
Particulars and Conditions of sale may be obtained from
1387)
Mesure, HASTINGS & HASTINGS,
BoBsitors,
B. Des VII Boad Central
Tand M6567% · LAMMERT BROTHERS;
Auctioneers,
PUBLIC AUCTION.
Mesara. LAMMERT BROTHERS have received instructions to sell by PUBLIC AUCTION,
on
THURSDAY,
O'CLOCK P.M.
BOXER INDEMNITY'S ↑
REMISSION.
resolution for an appeal to the Court of Claima by any person whose claims had been disallowed by the U.S. Claims Cont missioner or the Department of State;
REVIEW BY MR. H. P. WILKINSON.G.82,000,000 being reserved to meet such
NOTABLE SPEECH,
Mr. E. P. Wilkinson, in an addrea delivered last week at the annual prise giving of the OS. Anglo-Chinese School, Shanghai, appropriately made Great Britain's remission of the Boxer Indemnity his aubject. Ho said:--
The subject of greatest interest at the moment to everyong in any way connected with, or concerned in, the education of Chinese scholars, is the use to be made of the balance still unpaid of the Boxer Indemnity dus.. by China to Great
and
cases, the balance after adjudication by the Court of Claims to be remitted: By an Executive Order signed by President Boceevelt on December 28th, 1908, scheme of amortization was put in force providing for repayment to China, at the dates and to the amounts therein pro vided, of sums at those future dates paid by China by indorsing back the drafta or otherwise Notes were exchanged between the United States Minister at Peking, Mr. Rockhill, and Prince Ching as to the time and manner of the return to China of the amounts to be remitted, as to which China relict on
Ching expressed the intention to send to the United States 400 Chinese students for four years and thereafter each your least 50. This act of benevolent statesmanship on the part of the United States has had far reaching effects on relations
Britain, which the British Government the friendly intentions implicitly, od have decided shall be used for purposes States Government. "mutually beneficial to China
Since that decision yourly Great Britain, became known "many and various have been the suggestions made as to how that balance could best be applied, As one of the scholars in this room were born in 1000, the time of the Boxer distur bancos, and as many people who were with China; and one can well understand the recurrent agitation, for a like remission then alive have thought remission, beretofore, of the British of part of the indemnity due to Great share of the Indemnity no lacking in Britain One fact only, I think. has foresight, "generosity, and even justice, I
hitherto stood in the way of our follow- briefly state the facts as I know theming such a good example and that is that The most concise statement of the wrong there was no balance after meeting all done to foreigners in China in 1900 by British public and private claims to re- the Boxers, and their sympathizers, ia mit. that in the joint Note of the Diplomatic Body of December 22nd, 1900.
the non-
Mr. Wilkinson read this Note and continued:-
In June, 1902, Mr. E. G. Hillier, the British banker delegate, notified claim. ante as to the regulations approved by the 'Secretary of State for the payments On January 18th, 1901, the Chinesa of amounts of British private claima Plenipotentiaries, Prince Ching and the allowed by the Claims Commissioner. Viceroy Li Hungchang, notified the Death claims and private claims under Diplomatic "Body that they had received £100 were paid from the first instalment an Imperial Decree agreeing to the received from the Chinese Government. conditions of the joint Note. The As to private claims allowed over £100, approximate figure of the expenses claimants were given the option of:- incurred and of the losses sustained by
(1) Payment by Chinese Government 4 the Powery as calculated to July 1st, 1901, per cent, Sterling Bonds it par, redeem- Hakuza Tls able within 30 years from July 1st, 1601, 450,000,000, China, by an Imperial Edictor
Eighty offices are established in the principay the 8th day of FEBRUARY, 1923, &t THERE having been stated Cities of the World to provide commercial organisations and private individuals with a complete International Banking Service,
· COMMERCIAL LETTÈRS OF CREDIT. DEPOSIT AND CURRENT ACCOUNTS.
FOREIGN EXCHANGE, TRAVELERS CHEQUES. LETTERS OF CREDIT. CABLE AND POSTAL REMITTANCES. PURCHASE OF BILLS OF EXCHANGE,
Every Approved Banking Transaction R. P. BOYCE,
Maungar.
1st January, 1923.
THE KEY TO GROW" RICH.
י יד
THE CHINA INDUSTRIES DEVELOPMENT BANKING CORPORATION LIMITED. DUDDELL STREET, given to all its Depositors.
Handsome Rate of Interest.
·
AUTHORISED CAPITAL...$1,000,000.00
INTEREST
For Fixed Deposita-
· 1 year
3 months
6 months
3 months
For Current Account
6 Per cent.
J1
... @ 2
For Special Deposit... Personal Arrangement."
For Current Savings ...
... Per cent, For Fixed Savings...Regulations Obtainable.
CHIU CHU KEA,
Manager.
THE INDUSTRIAL AND COMMERCIAL
BANK, LTD.
HEAD OFFICE:
York Building, Chater Road Hongkong.
BRANCHES
Shanghai-51, Kiangue Road Hankow.British Concession,
CORRESPONDENTS IN 4 London, New York, Chicago, San Francisco, Vancouver, B.C.. Honolulu, Singapore, Penang, Tientsin, Swatow, Macao, Canton and all Com- mercial centres of China and abroad.
PROMPT SERVICE. Attractive rates for all kinds of Deposita Inquiries are welcome.!
T. B. MAL,
Manager.
1962)
THE CHINA SPECIE BANK, LTD.
HEAD OFFICE
"No. 6, DUDDELL STREET, HONGKONG.
Foreign Exchange and General Banking *Business trabracted.
Current, Savings and Fixed Deposita bearing Interests at Rates of 3 per cent, 4 per cent., and 6 per cent, per Annum respectively.
“& NG QUINN Acting Chief Manager.
Hongkong, 20th January 1923.
LAST
'TIS BETTER TO SMOKE
HER THAN HEREAFTER!
HONGKONG" CIGAR STORE
SUPPLY YOUR WANTS.
WHOLESALE AND RETAIL
At their Auction Booma IN DUDDELL STREET, THE VALUABLE LEASEHOLD PROPERTIES Situate roar Saigon Street, Yaumati in the Calory of Hongkong and being Portions of Section D of Kowloon Marine Lot No. 49 intended to be registered in the Land Office as SUBSECTIONS 1, 2 AND 3 OF SECTION D OF KOWLOON MARINE LUT No. 48,
To be sold
:"
IN THREE LOTS Each Lot containing an area of 4,756 square feet or theres bouts and more, particularly shown and delineated on a plan exhibited at the Offices of Messrs DEACON, HARSTON & SHENTON and at the Auction Rooms of the Auc- tioneers.
1.2.
THE LATER REMISSIONS.
of May 29th, 1901, agreed to pay the (4) Payment by certificates, bearing Fowers that sum with interest at 4 per no interest, payable in instalments from cent, per annum. By the final! Protocol the service of the British general in of September 7th, 1901, it was agreed that "demaity as received. These certificates this sum, constituting a gold debt at it was calculated would be extinguished stated rates (3/- to the tacl in the case of in 5 years yearly instalments. Great Britain, and Gold Dollars 0.724 to the tael in the case of the United States) should be paid in instalments in 39 years | interest being payable at 4 per cent per annum frem July 1st, 1901. Service of the debt was to take place at Shanghai, and a plan of amortization was agreed to. The Chinese Government agreed to deliver to the Doyen of the Diplomatic Bady a bond for the lump capital sum to be subsequently converted into fractional bonds to the individual Powers.
The rovenues assigned as security for the bonds were
1.
LOTSubsection 1 of Section D of
The balance of the revenues of the Kowloon Marine Lot No. 45
Imperial Maritime Customs after pay as per plan, LOT 2-Subsection 2 of Section D of ment of the interest and amortization of Kowloon Marine Lat No. 43 preceding toans.secured on these revenues, plus the proceeds of the raising to five per aa per plan and
effective of the present tarif o LOT 3.-Bubsection 3 of Section D of cent.
Kowloon Marine Lot No. 49 maritime list, but exempting foreign rice, cereals, and flour, gold and silver bullion as per plan.
and coin.
ALL THE LOTS WILL BE SULD EX- CLUSIVE OF RECLAMATION RIGHTS.
For further Particulars and Conditions. of Sale apply
Messrs DEACON, EARSTON
SHENTON, Solicitors,
1, Dea Vœux Road Central, or to Messra LAMMERT BROTHERS,
the Auctioneers.
[983
BY ORDER OF THE EXECUTOR. PUBLIC AUCTION of the
FOLLOWING VALUABLE and DESIR
#
The British Government have now de aided to ranit the balance still unpaid to her by China of the Boxer Indennity, to remission as on the same terms as arranged by the United States, namely, payment and repayment.
France also has agreed with China that the French share of the Indemnity still unpaid will be employed in redeeming,! and paying interest on, the bonds of the Banque Industrielle, held by Far Eastern creditors, and also in founding and main, taining various Franco-Chinese institu- tiara, thus strengthening Franco-Chin- ese friendship. Japan also is arranging to remit her share, of the Indemnity. On the adhesion of China to the Allies in the Great War, payments of the In- demnity were suspended for five years, and should be resumed this year.
The total balance payable to Great Bri- taia i instalments, up to 1940, 3. The revenues of the Native Cus- £11,188,547.12.8. There has been much ou the direct and imme- toma, administered in, the open ports by insistence the Imperial Maritime Customs,
British trade and diate benefits to revenues of the Salt prestige in 3--The total
China which some have Gabelle, exclusive of the fraction provi- thought, and said, would result from a remission of the Indemnity; but, at the &ously at aside for other foreign loans,
By a protocol of June 14th, 1902, the same time, it must not be forgotten that Boxer Indemnity of Ts 450,000,000 was China will owe to the strong sentiment apportioned between the Powers concerned, of British commerce in favour of remis 7.31079 per cent, of the total being apsion the benefits from that act of grace portioned to the United States and which it is to be hoped she, and Great "The 11.24901 per cent, to Great Britain. The Britain, will alike share in. claims sent in to the authorities of the Times, in a leading article, takes it for Power concerned had in the meantime granted that the remitted funds will be been filed and were being dealt with by spent on the education of Chinese under British auspices, and expresses the opin- on that to quicken the best elements of Chinese tradition "with British ideain not only demands money, but careful fore thought. The Times says that the educa tion given should be thoroughly practical, and gives as far as possible in China itself.
ABLE LEASEHOLD PROPERTY, Inland Lot No. 1772 and the message known as "ULBANK," No. 2, MAY RUAD, Situate thereon
TO BE SOLD Subject to a Reserve Price on TUESDAY, the 13th day of FIBRUARY, 1923, at 3 P.M.,
by
LAMMERT BROTHERS, Auctioneers,"
at their Sales Room, Daddell Street. Particulars and Conditions of Sale can be obtained from
Mosca, DEACON, HARSTON & SHENTON, No. 1, Des Voeux Road Central
or from
小
Mesare, LAMMERT BROTHERS,
The Auctioneers,
Hongkong, let February, 1929.
FIT-U PINCE-NEZ
[315
each Power.
As a means of joint action as regards indemnities on the part of the repro- sentatives of the Powers at Peking, cer tain principles upon which claims should be accepted or rejected were formulated at Peking the Rapport de la Commis sion des Indemnites, dated March 8th, These rules, admirable in inten 1001. tion, were difficult of interpretation and application.
Mr. Bainbridge, second Secretary of the United States Legation at Peking and Mr. Ragsdale, U.S. Consul-General
and others.
of
Mr. Chu Chao-hain, Chargé d'Affaires
China in
said the London, rommission
would
Anglo- strengthen Chinese relations on the one hand, and result in still greater British commercial enterprise in China on the other.
At
Chu
trained
at Tientsir, passed upon the claims of the dinner of the Central Union of Chir- U.8. firms and individuals, subject to esc Students in Britain, Mr. approval by Mr. Conger, then Minister Chao-hain reminded the students of the at Peking, and revision by the Depart impossibility of transporting the civiliza ment of State. On the suggestion of Sir tion and institutions of one country Ernest Satow, then H.M. Minister at bodily to another. The Chargé d'Affaires Peking, I was directed by the Secretary agrees with the Times in thinking that of State to examine the claims to in- Chinese students should be dennity of British societies, missionaries, chiefly as doctors, engineers and teachers of agriculture, forestry and conservanty, Sir William Brunyate, Vice Chancellor PROVISIONS FOR REMISSION We next come to the question of remis of Hongkong University, has said that At page 311 of "Treaties and he would view with grave concern any. agreements with and concerning China, policy of sending young Chinese-whole- a publication of the Carnegie Endowment sale to be educated abroad, as thereby the Sir for International Poace, it is ea: averago youth was upfitted for Chiness
life and fitted for nothing else. As, upon final adjudication by the William said that ona difficulty experi American authorities, it was found that enced by the staff of the University, and the claims on behalf of American which would occur. under any scheme, tionals totalled dess than the amount of was that of the limited number of Chin-
to this the indemity
apportioned
zion
tion.
is the latest of the finger operated eye- glass mounting and has been designed to avoid all the objectionable features of this type of mounting. The long oil
United States, a joint resolution (Pub ese with a sufficient knowledge of English That, Sir William said," lio Resolution No. 29) to provide for to profit by instruction given in that
language, springs of the Fit-U prevent spring
the remission of a portion of the Chin meant the problem of secondary educa ese Indemnity was passed by the Con breakage, and can be instantly adjusted
Mission schools required all the gress of the United States, and
financial assistance they could get, but to give more or less pressure on the nose.
approved by the President on May the serious question was that of the 25th, 1908, in the following terms":
machinery through which it could be The nose clipe aze of special shape to
The joint resolution referred to autho provided.
Mr. Wilkinson proceeded to say why prevent slipping. Fit-U Pince-nez of any rized the President of the United States metal are obtainable from The Hong. to consent to a modification of the bond he thought the Anglo Chinese School given for the sum of 0.894,440,778.81 for (C.M.S.) and other schools in China con- kong Optical Co., successor to Clark indemnity against losses and expenses ducted in a like manner and with the & Co., Manufacturing "and Refracting incurred by reason of the Boxer distur like objects in view, such as Medhurst ances in 1900, whereby the total payment College, Shanghai, St. Stephen's College, limited to Hongkong, Trinity College, Ningpo, to Opticians, the most competent optical to be made by China, was manufacturing establishment in the G.813,657,492.00, with interest at 4 per name but a few of many such good schools Colony located in 53, Queen's Road cent, per annum, the remainder of the in China, should share in the benefit of indemnity to be remitted an an act of the remission of the balanco of the Boxer
Indemnity. Central-AnyT.
[101 friendship, Provision was made in the
ANNOUNCEMENT.
The Canadian National Bailways (separate and distinct from the Canadian Pacific Railway) desire to announce the opening of a General Traffic Office in the Queen's Buildings, Chater Road, Hongkang.
کریم
This Railway system, owned by the Canadian Government, operated by President and Board of Directors, is the largest transportation line in the world. It has an aggregate mileage of 29,375 miles, traversing every Province in Canada, also serving the chief sea ports and commercial centres.
The Canadian Government Merchant Marine (60 vessels-tonnage 390,000) in affiliated with the Canadian National Bailways, and operate freight services Canada to Europe, South America, West Indies, Australia, Now Zealand, India and Strait Settlements. They also have joint service with the Blue Funnel Line from Canada to' China and Japan. "Butterfield & Swire, Agents for the Trans-Pacific service.
"
Railway freight rates quoted to points in Canada and the United States. Complete booking arrangements made for Canadian, United States, and European tours. Travel books supplied.
Travellers and Shippers are invited to avail themselves of our assistance, alther through correspondence or by a visit to this office. Our representative will call, on request.
TELEPHONE No. C. 2004,
TELEGRAPHIC ADDRESS : "LEMORB” (BS%TLET'S CODE).
REMOVAL NOTICE.
THE PHARMACY
(Fletcher & Co. Ltd.)
HAS REMOVED TO
Dispensing Chemists
No. 3, Queen's Road, Central.
(THE RED BUILDING, OPPOSITE THE AMERICAN EXPRES Co.)
[101
YE OLDE PRINTERIE
LIMITED.
(SUCCESSORS TO PRINTING ÖSPT. HONGKONG PRINTING PRESS)
10, WYNDHAM STREET.
COMMERCIAL PRINTERS AND BOOKBINDERS,
PRINTING AND ACCOUNT BOOK MAKING OF EVERY. DESCRIPTION DONE WITH ACCURACY AND PROMPTNESS. ALL WORK DONE UNDER THE PERSONAL SUPERVISION OF THE MANAGER 'Phone 437...
WHISKY
V. LABRUM.
FINDLATER'S
Telephone-8549 Central.
GIN
FINDLAYER, MACKIE, TODD & CO., LTD.,
LONDON Agents:-
Messrs. CARTERS,
1. CHATER ROAD.
EXPANDED METAL
POR · PLASTER WORK" AND RE-INFONORN GONGRETE ODUSÝRUSTIBZ
AS
USED IN
NUMEROUS
IMPORTANT
WORKS
FOR
FLOOR.
ROOF,
FOUNDATION,
WALL
.ETC.
["and" AMERICA. AER FRERES DE APPLICATION.
GREAT
DODWELL
CO. LTD. Machinery Dept.