CABLES.
LATEST CABLES. [TEROVOK REUTER'A AGENOT.)
BRITISH TRADE IMPROVES.
Lesbos, June 13th.
The continned improventent in British. trade is evidenced by the Bard of Trade retards for May, showing imports. £80,378,006; exports £71,551,000. Increases of £3,061,000 ×nd £8,693,000 respectively compared with April..
DUTCH INDIES LOAN.
AMSTERDAM, Jane 13th.
THE HONGKONG DAILY PRESS, FRIDAY, JUNE 18TH, 1998.
FAR EASTERN CABLE
NEWS.
(THROUGH RKUTER'S ROKNEY.]
CHAOTIC CHINA, TUCHUNS MUST BE INSPIRED WITH FEAR OF BETRIBUTION..
COMPANY MEETINGS,
ז'
INDO-CHINA STEAM NAVIGATION COMPANY, ITD.
REVIEW OF THE SHIPPING TRADE.
TRADE "EVEN WORSE THAN 1921."
The forty-send ordinary general Loxos, June 13th, intre rking correspondent, cam-meeting of the lulo-China Steam Naviga menting on the situation which the tien Co., Ltd., was held yesterday morn Linehang outrage is symptomatic, urges the
The
friendly Companies some of our competi #ors luve already withdrawn others have com to terms and there are signs that a better condition of affairs all round may rasably be expected.
ACCOUNTS REVIEWED.
Turning to the statement of accounts, it will be noted that the sum of £110,000
reserva
THE RED ARMT.
7
pressity for inspiring the Tuchons with a fearing at the offices of Messrs. Jardine, ther there is room or not. Experience; d. 1."na shewn in tho" revenue account. Į technical units, and 30,000 in the Y
D
Aamall
of retribution. He says that it needs only Matheson & Co., Ltd., Mr. D. G. M. Alaw of firmnes to restore foreign pre Bernard presiding. There were also pre stige. The essential need is for a
Mr. G. W. Baston. Mr. A. O. increase in the foreign forces, supplemented sent by a warning that any. further attacks on of the rail
railways. If the
io
The Dutch Inlies five per centom Laan foreigners will be followed by the occupation Lang, Mr. Scott Harstona · Directors), | fair treatment to supporters, they, in the manca premia as ex fund/ 4000 o., machine guns,
of 60,000 florins at a price of ainety. has been heavily over subscribed.
The park has stumped to £162,500),
ENGINEER SENTENCED
Tu
DEATH.
MAYENCE, June 13th. The Court Martial has sentenced to death an engineer named Badische, employed at an anilinu-wxda factory. The prisner was charged with sabotage.
EARLIER CABLES,
BRITAIN'S REPLY TO -"RUSSIA...
THIS CORRESPONDENCE IS
.NOW CLOSED."
LONDON, June 13th. The British reply to the Rasaian Note expresses satisfaction that the Soviet Government has complied with the essential Bristish domanda, and considers the cor- respondence now closed,
coin-
The British reply expresses satisfaction with the acceptance of the proposals us regards the fishing dispute and pensation, in the cases of Mr Stan Hard
the murder of Davidson, and as and 108 regards propagania, and agrees to unle take on Britain's own behalf, and nu behalť of the British Dominions, Colonies and
re
The reply understated that the norm diplomat transfer of Raskolnikof from
close.
THE BOXEE INDEMNITY.
A. Pirrey, and F. B. C. Hornell.
and
ale
11-
exchange
billion.
it which must an gents 3 squada
aro
the
ITS STRENGTH AND ARMAMENT. has been runnsferred f on the contingency
CAVALRY AND AIR DEVELOPMENT. account to reveaus account to which latter account has also been erected £5,000
The correspondent of the Daily Mail lately from the equalization of divi
dividend account THE SCRAMBLE FOR TRADE
and 1 from the investment fluctuation in Moscow, writing from Warsaw says reserve leaving the balance of the last writing about the Red Army, and so, being There is a good deal of vagus impressionist One cannot be surprised that after the vicissituules of the war years, shipping, mentioned at 294,019, 15, 1 The inervage un officer niyself, I will
investment fluetution shown in the inve
give the hani fuct's like any other industrien shou'd gis due to increand value of investments on about this mysterious organisation,
At the beginning of 1993, the strength of through a period of adjustment, and that 31st Icember, 1999 During the year that
Army had fallen from 10500 LO of chiefly to in scale cases a serambi. takes place for securities have been disposed
ineet the cost of new tonnage. These sales00000; 180,00 belonged to non-regular participation in established trades, whe
resulted in a profit-on book value of £4,497 foruntus. There are 280,000 men in tha
infantry, in the cavalry, loids as to think however, that so long The anderwriting account shows
non-regular formations are occupied crease of £45,817. 18, 0, as comparel, with
follows: The Che Ka's frontier" units con as the origioni operator, met competi. the previous you. This addition is largely tain *0,000-men, sed-ifs internal units 67,00) tion, as may become recessary, and give due to crediting the acount inquestion with
The turn of arms in, as follows: Rifles. PA insuranc
în pro
14,500 light vious years. The floating staff fruits of past is increased by £4,230- The machine-guns, 5,700 cannon, 3,60; shells, present opportunity Mr. R. Sutherland (Shipping Manager), long run will enjoy the
оде iter, taking is urglected a full-blown inilitary expedition and Me-sr. N. L. H. Railton, Ho Leung- enterprise. On the important quetion of building reservo account, the balance of over 3,000,000; all arms and munitions,
account is £10;316. 14. 7. piter.
By an order of January 28th lest the will be necessary, followed by consequences. B. Stewart. A. Murdoch, A. M. da | future prospects, while there
credit for amounts received from underwri
war establishment of division consists of that cannot be foretold. Those who imagine
in respect of sa. Chony and Koonshin that foreign intervention in China in outside Silva, S. E. da Laz. W. B. Cornaby, I doubtedly hopeful signs of better times for ters
3 infantry therealms of probability are naviy closing Tul, J. Baptista, A. R. Love, F. Fleming, the Commay in some directions, foul and utilising £200,000 to reduce the book, total reckoner strong of 10,000 and
.value.of feet. This will enable the Com- 6,500 horses, comprsing facts.
compelled to emphasize what was sated
svalry, 3 batteries of pazy to reduce the amount The CHAIRMAN said:-(lentleruen, the atour Alecting last your with regard to nually be written off on account of deprecia Sald. artillery, a fowitzer batteries, and all the usual details-ppera, cogineers, report and statement of accounts have working costs. Much has been said at tion. The exchange fluctuation account the usu been in your hande for some days,
dollar assets and liabilition, with your permission. i will as custom time on the question of wages, which is shows the crease of £11,398. 11. 8, being loss unition column, etc.
will be re perhaps the heaviest item of expenditure due to the difference in the rate on 31st ary take them as read. It memlared that at the last two general the Company has to bear, and must say December, 1924 and 1999. meeting the Chairman commented upon now, that white every avenue leading to more economics! working has been, and the unsatisfactory prospects of the Com
a revival of will be further explored, unless trade pays them
Unfortunate'r this did not even conditions improve we must consider a tradi. tunte, as low freights combined with reduction in staff and portage the counting high bit of merating the bill, which at lesions age heavy loss shown in the Accounts. With the immediately following, when they fleet have primarily accounted for the highest cale pail inning war years, and reonomie munditions. regard to trade generally, the year under were justified by
AIR. POWER. review was ever worse than 1991, a far Although such a step will be reluctantly
While I was in Russia, the Reds got many world wide shipping was concerned, and taken, abnormal shipping depression in the wanty and unprofitable employment all other parts of the world has meit
I have now to propose the following recargoes of aeroplanes from Italy, England and Germany, ria Constantinople, and offering in home water, induced a coated a lower seule of wages and condi
They "That lo report and statement of from Prussia to Petrograd. siderable number of ramp steamers to tions of trade in the East" may call, for try their lack in the Far East, thereby similar action.
accounts as presented be adapted and that 100 froin the Ansaldi factory at Turin a a dividend of 0 per share on the cumula year, but they have probably not got more causing a further surplus of tounage in
tive preferred ordinary shares be paid, than 200 reliable planes owing to break- It will be notes from the report in
also that the amount of £2,167. 6. 1. be downs and repairing difficulties. Develop In the Hone of Commous on May 8th, an already overstocked market. Depres
carried forward to next year. The divident is hampered by lack of technical Mr. Ponsonby ath-Sc.) a-ked leave ion in the Japanese consial trade, also
usually employed our hands that the following steamers outracted for, as explained at the last
end on the shares on the. Hongkong knowledge and fuel. Alcohol mixed with to introduce a bill to provide for thecouraged vesse's
gister to be paid at exchannel I shall
is used instead of pure petrol. 2/4." termination of acreditary tites among his there, to go further afield and compete
commission. The Autruny and Hosung The bill, he said, strongly for Southern rice business and ting, have been delivered and put into „Majesty's subjects.
Isoon as this has been voyages ол the general charför was introduced sine er le Years China cast in which rates throughout the Calcutta. Time where they have be glad to answer to the best of my ability and in the interval there had been of the year, buth North and South. Tulfo in every respect suitable for any questions which shareholders inay wish
the service for which they were specially to ask. that hereditary titles were sery undesir
The motion was seconded by Mr. A. B. designed The Tingong and Fawang able. Clause 1 provided that any holder of unremsarrative figuren
STEWART and carried unanimously, also full admirably the requirements of On the motion of Mr. A. 1ger, seconded the Shanghai-Tientsin run. The Yangtze by Mir. Ho Latsu, Sir Robert Ho Tung was a Director on the Board of river trades have been supplemented by re elected the steamers, Kungus and Pingus, on Directors. the lower river al the Fuked on the Meara, A. B. Lowe, and J. Fleming of Ichang Chungking Lic. The first two Alestra. Lowe, Jingham and Matthews were reelected anditors on the motion of Mr. A. KURDOC, seconded by Mr. S.B. C. HORNELL This was all the business before the meet- ing.
Lexpoy, June 13th. In the House of Commons, replying to questions, Mr. Bonald Maxell said that legislation was necessary to carry out the Government intention to devote the British share of the Boxer Indemnity to purposes of mutal Anglo-Chinese benefit He did not popron to appoint a ՄՈՒ mitter to investigate the utilisation of the funds watil the Bill, our being drafted Tihad been intradteed.
HEREDITARY "TITLES
BILL
LABOUR
MEMBER'S
THEIR TERMINATION.
FOR
absur
many The
сад
recent outrage on
As regards
THE COMPANY'S FLEET.
Ав
3:
AD
aeroplane factories, but Qaly five are now working-two in Mos cow, one in Petrograd, one in Ponzu, and one in Odess The two factories I do not think there is anything more in is cscow arul the factory in Petrograd the accounts to be commented upon, but be-
burn out, coughly, dozen Thone and for proposing their adoption I wish to ex Salmson motors, and the Dux factory dozen i Hispanosunsiza the Company's hoks for, and
The development of motors monthly. throughout the year, both adout and op appreciation of the good, service of the staff produces half
Trotsky at ssistance in dealing with the difficult aspected to have 10,000 seroplanes in 1924 shore, and their willing and. vniuable witter of three with rounds of a com situations which in the course of the with the corresponding personnel. Company's operations develop from time to time
press
solution →→
HONGKONG LAND
INVESTMENT
AND AGENCY CO.
寡
There are four schools for pilots, the best of which is at Muscow.
Probably 60 Germans, are employed, in-.. cluding those in the service between Berlin and Konigsberg, and most of the lots are officur pilots of the old Bassian Anuy
Realising the necessity of producing officers from the working classes, the Bol sheviks have established many military schools. "They are
numerous anti better equipped
schools Americs and England, beginning with the General Staff Academy at Moscow, the Arts and Engineering Academy as Petrograd, and embracing special schools for infantry, cavalry, iguals, etc..
than
מננית
There are but 30 is all of these establish" ments, but the students revolt, against. Marxist doguu; isin and love, a prfessional · Contempt for cutusoissars generally, who, ignorant of military affairs, are often cowne-
COMMUNIST ARMY,
"
of British policy tax been provided that nobody should succeed to a Chinese authorities are unable to protect { tunately suffered in common with others, meeting has been called, as indicated in exery.núilitary Achool there
peerage which had been renounced; and Clause 3 provided that no heir of heiress to a peerage, born after the passtag of this Act, should succeed to a peerage He admitted that the bill errrvl
Dn the side.of moderation, but, it exercised no trary, it withdrew certain compulsions that at present existed.
ទ
Protectorates, not to ustist any hostile de signs against the Soviet Government or Associated Republice, which may be en bortained by emigre Russians. It points out of a hereditary title might renounce or the rien crops, that of Saigon district have proved most user coasters and
regank compensating for losses that it
disclaim it by deed pol in the same way was estimated to be about 20 per cent. has made to demands not based on
The below the Average. The bulk of it wat as peramus changed their mes
shipped to Europe as Kwongtung rice was ciprocity.
were, he believed, a good many people, plentiful, this last naso accounted who would take advantage of that Thor for reduced imports from Bangkok when to whom very high-sounding titles were Kabal has been decided, thus the obstacle only an embarrassment would very likely; the crop was unsatisfactory. to friendly intercourse by his presence WT
mentioned have been found all that, is. Kabul will be removal. Britaia confident wish to drop them, and there were some! CHINA'S COMPLICATED POLITICAL PROBLEMS.
Year after year the hope hau been ex-desired, but considerable engine defects ty infers from the Sorjet's preant underpers of ancient lineage who would be
ready to drop their tithes in view of the pressed that China would soon be able to developed during the rat sea of the taking that if Shadiately
Бешаіня xt
been presented to settle her complicated political problems as employment, the responsibility Teheran the Soviet Clovera aunt will take colleagues who had very special steps to secure is full compli- then within the last few years. Laugh- and embark upon a period of undisturbed for which is still being discussed with ter.) Then there were members of the prosperity. It is a bitter disappointment, huilder. Certain allerations have been ance, in letter and in spirit, with that under- saking The reply concludes: the Soviet House of Commons who would take ad therefore to have to report that during carried out nail this steamer is now giv regards further Government having complied with the vantage of the clause because they were 1993 and subsequently, lawlessness and dising satisfaction."
An extraordinary general meeting of very reluctant to leave that House and order have been greatly on the increas building, the Company has placed of the British demands.
go to the Lords. There had been
the Tientsin order with the Hongkong and Whampoa the Hongkong Land Investment and the correspondences may be brought to a
prot. sta before now, and in the Nineteenth Pukow milway, and the piracy of the Dock C, for two ships of a similar type Agency Company, was held at the offices
This coures of danger, for Communism is Century in 1990 an article appeared,
8.5. Sri An between Hongkong and Mao to replace vessels which can no longer be of Messrs. Jayling, Matheson & Co, Ltd., sise to be found, in the civil universition.... REPARATIONS PROBLEMS. signed by Mr. Curzon, Mr. Bredrick, and are fresh in your memory. In addition run economically ta one" of par main yesterday morning, Mr. D. G. M. Bernant where the sons of workmen, if thay are really Viscount Walter-now the Marquis Cur to these incidents, which obtained pro- trades. Since the close of the year a presiding. There were also presentable and industrious, inevitably reject Mar- DISCUSSION BY BRITISH CABINET, the Earl of Midleton, and the Earl minence through the number of foreigners have also contracted for a steamer to re- Father Robert, Mr. A. H. Compton, Mr.xism and develop all the characteristics of a
which versi of Selborne which, referring to the heir involved, numerous other piracies: hay place the Kooniking, to
A. & Gubbay (Director), Mr. L. S. proud, and victorious class. Heves there LONDON, June 13th. to a peerage, maid: The world supposes been perpetrated on Chinese owned, vessels will make later reference.
Greanhill, Secretary), and the following have been wholesale expulsions secretly from the
UNPRECEDENTED NUMBER OF SHIPPING shareholders-Messrs. A. B. Stewart, the universities and arrests of. The Cabinet discussed the question of him to be a fortunate heir to what is the in the South of China Trade on
of military CASUALTIES. ncident of birth. He is in reality the Upper Yangtze hay a's been seriously.
GW. Barton, A. A. Alves, JT students reparations today.
The idiooy of the Bolsberiks' system was Marquess Carzon communicated inform-helpless victim of the accident of death interfered with by hostilities between
The year 1999 wil be remembered as Baggam. H. A. Rodgers, E Sadick. C. F. ation as to the attitude of the Allies as a He has become a peer. From his lot there various military factions, The conditions
showed me a lecture on mathematics which result of the exchange of views since the is no escape" (Laughter.) This bill pro- which have prevailed and still prevail in the daring abi h an unprecedented num Caralho, A. A. Guttierez and Lee Ping proved to me by one of the protestors who
The CHAIRMAN nid :-Gentlemen,~This he was
he was obliged to submit to an jgi-rawat German offer. It is understood that the vided an cape. (Laughter.) Clause the Canton delta are lamentable, and the ber of shipping casualties occurred on the Seen
Chiua coast, and this Company unfur- declaration postponed a week, an the diplomatic
trade routes on either land or water.
During the typhoon of 2nd August, which the notice which the Secretary-has-just
for politicat traming of troops interchange of view in
erred such haves at Swato, and caur read, for the purpose of confirming, if stongside the ulticar for ethnical training. .THE EFFECT OF THE BEAMEN'S STRIKK. LONDO
June 13th."
Labour organisations were much in ed a deporable loss of life, the hugeand thought tio, as special resolutions the re- The Bolsheviks believe that in this way they A man hopeful spirit regarding the
extra will form a Communist army, but in my Franco-British Ruhr negotiations is inspir-
evidence during the year, and the Sen
and Tungshing were both driven ashore, solutions which were passed as ed by semi-official statements in London
men's strike, carried on principally by the former North of Swatow, and the ordinary resolutions at the extraordinary opinion their task is hopeless.
Inter actually in the harbour. Although general meeting held on the 25th day of Military discipline is severe and officers and París.
The former indiestes that compulsion on any person. On the con. intimidation, caused a lay up of wame
Those resolutions, as you have regained all their pre-war military Britain is determined to explore every
steamers of the Company for a perial immediate steps were taken to give all May, 1929 of two months. This of course was año posib osistance, the former vessel will remember, concerned the division of smarines. avenue sand an active exchange of views 19
You There was been no large movement of ther factor in our loss Subsidiary became a total fuss. The latter was even-shares, and increase of capital. progresing. A Paris message states that the French representatire in Londen reporta
strikes followed the main demonstration, tually salved by the Hongkong and will recollect that at the extraordinary troops recently, in spite of lot of bloff and that the conversations are parauing a spirit
and increased terms of rempaeration had Whampoa Dock C, after some four general meeting in question, I dealt with wild speeches by Trolaky, and false reports
work. Another of cardiality.
to le conceded to lunehmen, cargo bont months
regrettable the reasons which actuated your Direc- of concentration, purposely set afoot by coolies, conl workers as other branches casualty was the stranding and subsetors in bringing forward the resolations Bolsheviks.to puzzle and
CAVALLY. STRENGTH, of labour, thereby further fueressing quent total loss of the Koonsking, a very referred to, and I do not think it neces-
thing the Reds want is war. working coats Sorious strikes in Calpopular steamer on the Shanghai-Tientsin sary to deal further therewith" now,
The Russians are
are really line. This took place on the at Outober except to remark that at the extra-
reducing their eutta al accounted for long delays tu the Company's resol
outside Weihaiwai harbour. In no inst- ordinary general meeting in question the Army to 000,000, owing to economic causes, but the fighting efficiency will be increased. ance was any casualty accompanied by In regard to the. Gieral employment loss of life, and I take this opportunitwu resolutions referred to,were anah-The reduction was dhe ta conference of
nously passed as extraordinary resolu- to see the Second Chamber abolish of the fleet, it is perhaps necessary for of recording the Company's appreciation
The confereuce worked out May, on together as a useless excrescence upon theme to stafe that the conditipas: of ship of the fuo work performed by the officians, and that in order to comply with itary commanders held at Alescuw last.
the provisions of the Hongkong Com- Blonday night, despite the French prohibi- | Constitution. (Labour cheers and laugh- piùg business in the Fat Ehat have and men, of H.M.S. Despatch, in rescuing panics Ordinances it is necessary that į remarkably simple and efficient scheme.of which facilitates plans for reorganisation, mobilisation, reduces administrativa má- sin. As the result of a shot being tired at tet.) Everybody was agrees that the dergone a considerable change during the passengers and crew of the Kooning such resolutions shall be confirmed as a French sentry at Wanne, the inhabitants have been forbidden to leave their houses rage was becoming something absolute recent years, particularly is trades which during weather conditions which called special resolutions, and I accordingly teg chinery, increases the proportion of artil
for strenuous effort and entailed great to propose the confirmation as a speciallery to machine-guns; and purifies the cor- after dark. The towns of Stulfrosh and grotesque (Labour cheers and laugh were at one time conducted almost en ter.) The House of Lord was, in the
resolution of the first of the said two re- rupt supply service. The reorganisation, THE STRANDING OF THE KUMBANG." solutions. vit. :-
which is being rushed through, shows much Wipperfurth have been fined 25 million andinium of Lord-Curzon red Lord Now tirely on a trip charter basis. The grow personal risk.
million marks, respectively, owing to ton, Iar too large and ought to be redue, terested in rice and other trades to oper ing tendency is for native merchants in-
While not coming within the
1. That each of the existing 50,000 fully energy and ability, and greatly increases French sentries being fired on."
ed. This bill would reduce it rapidly ate their own steamers and this has fed and roviow, you are no doubt all cogni.
paid up shares of $100 each constitut the Army's PARIS, June 13th.
The Red Army is doroting much attention of view, since he first introduced the bill (Labour laughter.) From the social point t
a large increase in
ing the Company's present capital of Chinese-owned zant of the stranding of the KumKING ON
$5,000,000 be divided into four fully paid to the cavalry, being convinced that up shares of $25 each so as to make cavalry will play a great role in the next the purpose for which it was especially 9th May. There were some 400 dock pas there had been this so-called honours tounge, which, when not operating for Northern Luzon, which took place on the hushed up by a Committes.. scandal brought to light or rather, acquired, is free to compete for any out-sengers on ind, sit of whom I am such capital $5,000,000 consisting of war with Poland.
200.000 fully paid up shares of $25
The cavarly is the most efficient part of When the side employment offering on the market. pleased to say, were safely landed and
the AnBy and the superiority has recently Government
each. came into power, further, being able to run free of onerous conveyed to Manila, to which port the Labour
been increased by changes enhancing fire neither for party purpose nor for the acknowledgment
purpose nor for the overhead charges such as have to be vessel was bound. The Captain, officers and I shall kindly second that, share of
borns by Shipping Companies, and engincora remained on which holders, will they have recurse to the conferring of such vesse's prove to be competitors with was salved and towed to this port, where The motion was seconded by Mr. G. W. hereditary honoura, (Iranical Ministerial which it is difficult and often expensive repairs, are under consideration. The BARTON aud carried unanimously. laughter and cries of "Quration") The deal. There has also been a marked ogsang and hoonshing wore fully The CHAIRMAN: I now, beg to propose Canadian Parliament had already taken taps. and had requestort the Crown not Shipping Companies under foreign fags, claims on underwriters have been duly of the second of the aid resolutions, increase in the development of certain covered by insurance and the resulting the confirmation as a special resolution to confer any more hereditary titles on enjoying considerable subsidies which have paid. In the case of the Tayaking and viz. :- Canadians. This bill also brought into newisted them to develop regular lines Kuming the Company will recover sal- its not the baronets, of whom there were where charter tonnage originally operated.vage charges while the cost of repairs over 1,000, and probably there would he In view of these changes, has been more weeping and gnashing of teeth in considered necessary for our Company to cant.
will be chargeab's to the underwriting that quarter than even in the peerage adopt a policy of maintaining and in- (Labour laughter.). The berlitary princreasing regular sailings between pivota' cipla was Murvival of medievalism. It
porte where we have established 'conneOS.
THE RUHR.
FURTHER SHOUTING INCIDENTS.
PARIS, June 13th.
A message from Recklinghausen states that a Freneli patrul shot two Germans dead who were walking in the streets
In consequence of the shooting of a entry, curfew has been imposed at Reckling zasen. Travel between the occupied and unoccupied parts of Germany in the neigh bourhood of the town is prohibited. The heads of the police force have been arrested.
MERCANTILE MARINE
OFFICERS.
A DIFFICULT TIME IN CHINA. The lot of Mercantile Marize officers who find themselves stranded in China at the present time are finding it by no areas easy to get employment on ships holding a second mate's
An Engard for the second time
certificate
With regard to the constitutional as pect, in 1911 the then Prink Minister, Mr. Asquith, said that the reform of the Hanse of Lords was a question that brook of no delay. (Ironical Ministerial cheers.) This bill would support both thown who were in favour of reforming the Second Clamber, because they would see it dwindling before their eyes, and also those who, like himself, would like
TRADE IN THE FAR EAST.
MAINTENANCE OF THE FLIST.
year
The usual standard of upkeep has been at the Magistracy charged with vagrancy, was entirely at of date, Dignity. merit, tions, and where given normal conditions the year, but very little reduction in the Inspector Cockel sold his Worship (Mr. and distinction were rapidly disappearing of trade, promise of continual and steady cost of repairs is noticeable although on- mained throughout the feet during J. I. Wood), that this man, in company from the peerage, and party payments with E others of his class was staying and beer and whisky were taking their ring is apparent. the Bailors' Home, West Point, at the blues. (Lalour cheers and Noughing that, in the year under: Vicy, consider in this direction. While it in recognised | It was in the protection of such lines tipus efforts are made to effect economics expense of the Harbour-master, They had been unable to find ships and lud event. The result was that the wholi institution ble financial nerifices had to be made.stantially increased, wo hope the Docki
was fint of ridicule rather thin by first
the available steamer.
titles administered respect. Hereditary This being
his Wonship agreed vanity, encouraged corruption, and led to the C140 to defendant being kept at the Bailors Bobbishness mid flunkeyim, Hon, mem Home till his departure for England.. bors opposite no doubt regarded this hill as a joke-Ministerial obeers)—but be la conversation with Inspector Cocke after case our reporter was informed assured them that in generations to mme not his the six mon at the Home included men it would be their laughter au holding master's certificates and chief mate'i promotion of the bill that would appear Employment an hips is ex-ridiqufonis (Labour cheers.) Certificates. tromely difficult to and at the present time, Leave was given to bring in the Bill, and mapy Mercantile Mazino officers are in amid Laimur cheers, and it was reaia difficultion
Örst time..
that
!
**A
The
last.
and nubility by the reduction of the im Pedigenta and the increase of machina- gune. The old cavalry division had 90 heavy machine-gaus and no light ones; the
guns in the infantry regiments.
There was a similar doubling of machine- now has heavy and 10 light guns.
THE MIŊHEY ATOM.
HEARING A GREAT DISCOVERY.
2. That after the division aforesaid, the capital of the Company be in creased from $5,000,000 consisting as aforesaid, to $10,000,000 divided into 400,000 shares of 825 each by the eren-
Bir Oliver Lodge, formally opening the tion of 200,000 new shares of $25 each- 40,000 of such new shares to be inned research laboratorics at Sheffield Uni and allotted in accordance with Claus verity, said we were discovering that we were living in as electrical universe. 8 of the Conditional Agreement for the Electricity had turned out to be atomio. amalgamation with this Company of the The atoms of matter were composed of Hongkong Central Estate Limited, electrical particios: duly approved at an Extraordinary
There was now growing up an antro General Meeting of the Company held nomy of the atom. When we could catch on Thursday, 3rd day of May, 1923, and the prodigious intrinsic one of the
the balance thereof to be issued at atom we should have force which such time or times and on such terms would give us far more power than wo and conditions in every respect as the needed. Company's Board of Directors may and I shall be much obliged if some thareholder will kindly second that."
Mr. A. B STEWART seconded, the mution
that the cost of native labour has sub-
formed that Jeripus proroachment was threatened on or of fir de import concerns will be as reasonable as possible nut routes and, the year advanced their charges, especially during the
hard times shipowners keen
passing competition became mora
until in
through. Bone Cases, Cargo had to be carried at merely pominat' rates, The Corupany hai! I have roforred to the unfortunate dia passed through an extremely difficult year aster at Swatow, caused by typhoon last but our policy has been to give our old August, and it is necessary for me to restablished supporters the same terms na mention that in response to an appeal for offered by our subsidised competitors, and funds to aid the sufferers this Company and it was carried
agreed policy between the old established | han your approval.
think fit.
I am glad to any as a result of an donated the sum of $2,000, which I trust This was all the business before the
meeting.
It had been suggested that if we die covered how to get at the energy in the atom prematurely we might de -n- great. deal of damage. "We do not know how to tap it," he added, but we are getting either hopefully or dangerously near it according to how you choose to regard the matter."