THE HONGKONG DAILY PRESS " WEDNESDAY, MAROH 7TH, 1925
THORNYCROFT
AND CO., LTD.
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18
WHITEAWAY, LAIDLAW,
DES VOEUX ROAD.
THE SHANGHAI INSURANCE A FORTUGUESE BENSATION
COMPANY MERGER.
DETAILS OF THE COMBINATION!"
The following statement regarding the recently reported merger of insurance! companies at Shanghai has been issued:-
AT SHANGHAI.
PROTEST BY CONSUL TO MUNICIPAL COUNCIL.
The Shanghal Evening News":" Charges that Portugacso have been par.
JUDGE LOBINGIERS VISIT TO CANTON. ANCIENT MEMORIES OF MACAO.
VISIT TO TANG SHAO-YI Judge Lobingier returned to Shanghai
EXPLOSION ON U.S. DES. TROYER AT MANILA.
SIX MEN KILLED.
Six MON
were killed outright-
and the fumes of turning oil and pking, suffocated by the dense cloud of smoke
The reports that have appeared in scouted by the police in many instance last week from a session of the United and several mon of the rosene party. Shanghai newspapers about the amalga and that they have been discriminated sation of the China Mutual and the against are set forth in a formal protest Shanghai Life Insurance Companies with addressed to the Municipal Council by the Sun Life Assurance Company of Mr. Alfredo Casanova, Portugues Con- Canda have naturally arousel a very sul-General. great deal of interest. The information; This follows upon i
||
States Court at Canton. Four civil cases injured by fire and smoke, on board thu one of the were heard and disposed of and certain U. S. S. Hubert, 342, miscellaneous business transieted.
destroyers of the 45th Division ¡ying a The Judge spoke at the well attended anchor in Manila Bay on March 1st. Washington - Birthday celebration by the
Tho accident occurred in the aft hierom notifiention afrAmerican Association of South China, and a few minutes before 9 n.m., at the timo that has so far, seared has not been Casaliova recently issued to all the dwelt upon the historical impoftance of the watch way being relieved. Thera
Cantón nà the scene of the earliest Ante.
were three men on duty at the time in the fire, room and three men of trashew vatch
in all respects correct, and the presenttioudly be represents, advising them to statement is designed to place the main resist arrest unless warrants issued from rien notivity in China and the most ap features of the amalgamation before the his office are produced. In this notifienpropriate place for such a, celebration, public as direct, accurate and yeu tion the Portuguese Consul-Ciceral cout being the station "of the first American had just go down together with sále Portuguese to carry with them written Consul, Major Samuel Shaw, who bore another man who was going for certain tools needed for work to be done elsehera commission sigued by President;
on the ship. This accounted for so many evidence of their nationality in the form
Washington, Judge Lobingier's (sug- of registration certiäcates. "
non-technical a manner as possible.
The first and foremost 'idea of the
tiano
amalgamation is the protection of the policy holders in the China Mutual and the Shanghat Life, Technically these la connection with the communication gestion of an American Historical Society being in the fire room at the same
tho Municipal Council particular for China was cordially received by companies are distinct corporations, but t
{'' given fu the recent the Association, which decided to since 1020 they have been managed and emphasis
Arrent of three housed by the China Mutual. - According,
Portuguese youths point a "committee to inaugurate such an While holding Court at the who Were taken is A ly the step that has now been decided naj,
gambling enterprise.
is
The new watch had early got bolew when an explosion took place, causing oil from the burners to escape in consider. able quantity. While the exact cause pƐ
affects the interests of the policy holders, raid in North Szechuen Road in the Chin. Consulate. in" Shameen, 'ho passed his tho explosion has not been determined, it
in both companies in precisely the same Now Yeor son and were marched way
handguffed through the streets to Hoig
Kew Police Station.
evenings at the Canton Christian Collego and visited the now Americas suburb of Paak Hok Tung west of the city,
AT HISTORIC MAQAO,
is believed that an i baner had, in some way, become, detached and that the vil slot from it to the next, al" beens
guited. The vil was
under high pressure and this, it is though, "cause the explosion.
A STRONGER POSITION.
The case of the three youths, who wvie „Tlwir position, under the analgamation will be very much stronger than it was released at the police station after Mr. The Judge returned' vid Macao where before for the following reasons. In the casusova had appeared and made verbal he spent a day, and, with the Rev. J. first place the concern with which they protest against their detention, has oxca-T. Galloway of the American Baptist are being amalgamated does the biggest sioned considerable Freling throughout Mission, sought to identify the site bodies of the six dend men were „Found, ordinary life business of any insurance
Judging from the position in which the
histories it evident that they made every
company in the British Empire. More the entire Portuguese eciamunity and the of Wang Hy which the over under Canadian Law the Sus matter has developed into a subject in give us the scene of the signing of possible effort to extinguish the fire and Company's reserves against life policies which a number of Portuguese organiza. the famous Cushing Treaty of July 3rd, that their escape, which might have have to be worked out on a basis that tions have become acutely interested. 1844, between the United States and endangered the entire ship and every
The case for the three young China. There seems to be no place of man on board, 13 makes them greater than the reserves on
well as au ther the basis on which the China Matuni and Portuguese urrested is that they
that name in the vicinity of Macao at destroyer lying alongside, had not catered present, but Mr. Galloway, who 14 the Shanghai Life calculate theirs. For were taken into custody while watching thoroughly familiar with Macao and its into their minds. every £100 reserve kept by the China come gambling in a Chinese establish environs, as well as an accomplished The only man in the fire room at the Mutual and the Shanghai Life, the Sun ment, that other foreign nationals Chinese scholar, is of the opinion that time of the accident who escaped wha Life will have legally to keep £110 reserve, who were present were allowed to escape the place was really Mong Ha, now Fireman Carter, who, had just started to In point of fact it will do mors, for inwhile, they were handcuffed and led part of Macao, but then a separate leave the room. As he reached the iron village. The chief" temple, where Mr.grating over the boiler, near the door, hu respect of all policies issued since through the streets to Hongkew station, December 31st, 100g, valuations have been
Mr. Casanova confirmed the report that Galloway thinks the treaty must have saw a spurt of flame from the broke he bad issued a notice to the community been sighed, was visited and found in burner. Calling to is shipmates t made at the low rate of per cent. to the effect that in Tutare all Portugues unusually good repair. The Judge also throw themselves on the floor where there interest. When the amalgamation bas citizens should resist arrest unless war-visited the old cemetery at Macno, where would be less danger of fames, gas or been completed the reserves of the two rants had been issued. He said he felt lie the remains of Robert Morrison, first smoke, he rushed for the door and safety, Shanghai companies will come under that he must reluctantly admit that Por Protestant missionary in China who was cecaping unhurt. Canadian law and will be built up on the tuguese in Shanghai on many occasions buried there nearly 90 years ago, and of The officers of the ship had already same basis as the Sun Life's reserves. had been treated badly by the authorities, many other foreigners, about one half of scen a spout of flame, shoot from the Thus the policy holders in the China
larariably in the past he had advised whom are Americans, including a sun-smoke stack, and had given the alarm. Mutual and Shanghai Life will be in a moderation and prudence, but he feared her of New England seamen ales dating The fire room was a mass of flames and very much more secure position than thes that inaction on his part had been con back to the early 30's. The Morrison could not be opened; Lieutenant Com were before, safe as that position, de
strued as a sign of weakness,"
mission "church building," which capied mander Braisted immediately ordered fended by splendid investments,' was.
The rule that warrants be obtained a corner of the cemetery until it collapsed steam turned into the fire room to The technical process by which this before forcible arrests of foreigners are a few years ago, has now been replaced smother the flames. building up will be necomplished is car made is nothing new and only reiterates by a small but modern mortuary chapel fully worked out in the amalgamation the instructions given to the police by which is the only place in Macao where agreement which, to put it into nonthe Consular Body and I shall do every roligibus services are held in English hoisted, bringing emergente fire and
ها
technical language, provides that separato accounts are to be kept of the respective thing in my power to see to it that it is business taken over by the Sun Life properly carried out in the case of my until there Kas been time for funds to no own nationala," Mr. Casanova said. cumpalate to provide the required reserves, Police: officials emphatically deny that the charge for expenses of management to any discrimination was shown in the ar be limited to 15 per cent, of the premium rest of the men in question or in coo- Lincome, excluding such costs as may, have nection with any other nationala. They be incurred in the settlement of have heard of such matter. Foreign claims. That leaves a large margin of ers arrested without warrants and premiums to go into reserve, and when such must necessarily be, the procedure the accumulations make it possible, to in case of felonies and must be the value the transferred business on the procedure under any and all laws, they
basis as the business of the Sun Company itself is valued, the separate accounts referred to will be closed, and all the policies will be merged
same
atate,
SCARE.
י
At the same time à distress signal was
barbour. Before any of the parties. The London Missionary Society, under rescue parties from all "Bonte in the
to China, whose auspices Morrison came
arrived, however, the fire had been is sending a stained glass memorial win-smothered and the fire room doors opened. dow for the chapel.
For ten minutes or more the heat bel- Judge Lobingier is very strongly of the ching forth from the boiler room was d opinion that concerted action should be great that it was impossible for the taken towards preserving and comme
When it finally! rescue party to enter. morating these monuments of early became possible to go down the rescuers foreign life in China. He referred not found their shipmates dead. only to the Macas cemetery but also, to the one de Kuo, across the straite, and to that at Whampoa, between Canton and Hongkong, where many Americans are in terred, including A. H. Everett, America's second diplomatic representative in China.
have a special significance at these places and ought to bo observed at each of!
in the business of the Sun Company THE "NATION-WIDE" STRIKE Memorial Day, the Judge thinks, would itself. Careful calculations have beca made and it is estimated that the process described will take about three years..
PROFITS UNAFFECTED.
A OKIKESE CIMOTNNATUS.
The bodies wera immediately removed to the U. S. S. Black Hawk, the destroyer tender, and later taken to Canacao, Cavite-Manila Times.
PEKING-TIENTSIN AIR MAIL
SERVICE.
The rumcur of a general strike on them. It is understood that the British March 1st, at Shanghai, proved to be Cunsul at Canton is provided with funds
In a despatch to the Ministry of Com unfounded. Several labour for preserving the graves of his nationals munications, the Aeronautic Department The greater degres, of security ensured andrely by the amalgamation leaves profits un- groups in Shanghai, the 3C, Dally at Macao, and it is believed that the states that arrangements have been made affected. The policy holders in the l'ere sare, deny that they ever contem-American authorities ought to be corres for the inauguration of an air mail ser
vice between Tientsin and the Capital. Shanghai companies arc. under the plated such a step, while the Shanghai pondingly equipped
An understandog has been made between toring of the amalgamation agreements. Commercial Federation and a number of
the Aeronautic Department and the Post. guaranteed the profits which they enjoy Street Unions have issued a manifesta
From Macho, by the courtesy of the Office respecting the carrying of mails now, unless a catastrophe should occur urging local merchants and workers not such as a world war or a very extended, to declare a nation-wide" strike as Customs authorities, especially Mr. by aeroplanes. The Peking Aaronautic and severe epidemic. After the three such is not the best method of obtaining Abbott, who placed the Customs launch station will be established at Nanyuna year period just indicated, bonuses to their ends. General Hsu Kuo Liang, at his disposal, Judge Lohingier paid a while that for Tientein will be in the the participating policies of the China Chief of the Shanghai and Woosung Con- brief visit to his old friend Tang Shao- First Special Area of that port Mutual and the Shanghai Life are to be stabulary, has issued orders forbidding at the latter's native village of Tong. officials of the Ministry are further in- formed that the Aeronautic Department the same as bonuses on policies of the meetings within. his jurisdction. saaie kinds in the Sun Company itself. Military Governor, has also re-imposed kagan, whero his family has lived for will notify them of the date on which soven centuries. Mr. Tang has definitely the service will be inaugurated and the retired from the political arena and time table showing the daily regular leading a life which entitled him to be lights of the aeroplanes between Peking" called the Chinese Cincinnatus.
and Ticatsin, as soon as things have boot Although I reached thire about nine made ready for the inauguration of the in the morning," said the Judge, I service. found him already in the midst of his luxuriant fruit orchard and supervising the planting of more shade trees. The
ORIGIN OF THE SCHEME.
A MODEL BETTLEMENT...
THE COMMUNITY SCHOOL.
The
The
and therefore the ultimate expectation. of martial law in the district. In a com- profile to the transferred policies is munication to the Chinese Press the New Association of Street Breatly increased. The most scrupulous Amalgamated care has been taken to, guarantee that, Unions states that the rumour of a during the three-year period, the benefits general strike arose out of a demand by as regards bonuses to policy holders in a number of orgainzations for the dis the China Mutual and the Shanghai Life bandment of the Chinese army," but no do not in any way suffer, while a safe thing in the way of a general strike had guarding provision is included in the ever been contemplated No anxiety is
whole garden which is but part of an amalgamation agreements to provide felt in the Bettiemcat against unforeseen events, such as a world
estato of some 100 mow, is a bower of But the pride of the community is the war or a very extended and severo epide
tropical verdure, with winding walks, school, which has been the spoolad cure mic. Under such unlikely circumstances
picturesque rocks and sightly summer of Mr. Tang, who, as an alumnus of a the Oonsultative Boards, which will be
Some of the curious old trees great American University (which, by the formed by the present directorates, must
A word as to the origin of the houses. “ satisfy themselves before agreeing to any amalgamation. Both the China Mutual have tiny bird houses to accommodate the way, has voted him an honorary degree) reduction in profits that policy holders and the Shanghai Life were in a thorough. feathered visitors from the north who has always maintained his interest in education. It will be recalled that only whose policies mature during the threely sound position when the idea of anak winter there.
about two years ago he was President of year period, are in no way prejudiced by gamating them with the Sun Life was
the American Univanity Club of Shang- the completion of the amalgamation. . Cocceived. The Sup Life have, in fact, made a careful investigation of the invest. The amalgamation agreements provide ments of the Shanghai companies and are of some 10.000 souls. In its patriarchal
The so-called "village" is a community hai that the shareholders receive from the entirely satisfied with them. On the other tunds of the Shanghai Companies only hand the overhead experies of the Shang government by the elders it is typical of of his own funds for equipment of this the sums now accumulated to their credit. hal Companies were meroasing, as is the countless villages throughout China But model school and its maintenance re- Of the officials and employees of the two base generally throughout the East, in its other features how different! quires about 22,000 monthly. It is housed Shanghai Companies as many will be while their business could only be increas Here one sees no beggars, no opium in a row. of substantial store buildings. taken over by the Sun Company, as caned to any considerable extent by incurring smokers and no gambling. Mr. Tang has fronting a spacious athletic ground with be wisely retained. Those that are not still heavier expenses. Looking ahead, even succeeded in breadding up a gang of apparatus for banket ball and other out- English is one of the ro taken over are to be treated in all respects the day could be foresten when the poton gamblers in another village miles away. door oporte on the same basis as if the time spent by tialition of the two concerns from the Dr. Spa's disarmament plan has already quired subjecte and ground has already sach of them in the China Matual, or the policy holdera point of view would be been anticipated there; for Tongkawan been set aside for a model farm on which Shanghai Life, had been spent in the fees satisfactory than they are to-day has no goldiers and only 13 policemen to teach improved agriculture. Thore employ of the Sun Company. The Sun The Sun Life being in the same field, with whose prinicipal function is to guard the are zine teachers from Canton and about Company doa's generously with its own agencies throughout the same territory, villagers against cattle thieves and other 365 day, and 60 night, pupils. The whole employée and undertakes to deal similar and also operating under British law depredators from outside. The people enterprise is an object lesson in showing by with those who have hoop employed the benefits to all concerned of an amalga see promperous and contented. There is what one Chinese can do for China and of the Shanghai companies. All pay mation with them were obvious. The no symptoms of unfriendliness towards if all others, similarly situated, would meate to officials and employees are to following figures ahow the Sun Life's foreigners. The streets are clean and the follow his example, the next few years be borne by the Sun Life and do not come strength:
would see a transformed nation, W.-U. From the funds of the Shanghai companies. Amets exceed G.8180,000,000; Insuradoe homes apparently comportable,
Daily Nous (Cantioned at foal of next colúms, Y
Wontinued as foot of next. celuunt)
in force excoods G.000,000,000.
Mr. Tong has exponded about $18,000