JOAN 1.
THORNYCROFT
AND CO.. LTD.
SHIPBUILDERS" AND ENGINEERS
London, Southampton and. Basingstoke,
1
THE HONGKONG DAILY PRESS, MONDAY, AUGUST 19TH, 1923.
PASSENGER AND CARGO VESSELS OF ALL TYPES UP TO 6,000 TONS OCEAN-GOING TUGS, MOTOR BOATS (SEA OR RIVER) UP TO 50 ENOTE.
TURBINES AND RECIPROCATING MACHINERY AND PROPELLERS MARINE AND STATIONARY OIL ENGINES
K
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WATER-TUBE BOILERS ¿
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ROBERT DOLLAR: BUILDING,
SHANGHAI,
Crepe-soled Sports SHOES
Tan Calf with heels for
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$23,50.
White Leather no heals
for Toun's.
$21.00.
PREPARE
дет
Sled with the highest grade pare plantation crepe rubber, - specially valcanised by a proces, K Crepe Shoes are unaffected by a climatic condi tions, and the sola is allackeri inseparably to the upper. Flexible and easy from the first time at wearing, with a heavily corrugated "non-slip" tread. K._crepe-soled Sports Shoes are ideal for games. walking or motoring,
3
Kmanufacturers take their stand on the maker 50 years' reputation for good workmanship,
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THE
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THIS IS THE BEST VALUE EVER OFFERED IN A PART BEDSTEADS. STRONG IRON FRAME. DIAMOND WIRE MATTRESS SIZE A WIDE 3 FEET.
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FOREIGN CONTROL · ESSENTIAL,
(FROM THE TIMES,” PERING COARESPONDÈNT. },
THE PACIFIO ARENA.
BREEDING GROUND' OF NEXT WAR.
become actre in British Columbia" and California, where the Japanese birth rate was rather high. Would Fapan," he
UNION INSÚRANCE. SOCINTY
·OF CANTON.
In
Ever
POLICY IN THE FAR EAST.
"THE ULTIMATE DEVELOPMENT,“
What is the real meaning of the Far
LONDON IMPRESSIONS, Eastern question? Mr. F. W. Cruse," in Will the Far Eastern Pacife prove in
Manchester insurance journal the "Contemporary Review," sunis up in strange contradistinction to its naute, to
(the Policy Halder) of July 4th, under the What is the Future of Ching, to Bebe the breeding-ground of the next war!) On the occasion of my recent visit to | Practical politics respecting the immediate This was the question put by Mr. W. H., di C.?! appears the following:-
heading "fpressions from. Louder'" by
General Wu-Fei Fu I had the opportunity | future indicate that there should in order | Otter in an address on “The Future of
Noyer is a well-staged advertisement the Pacific of seeing something of three railways, in the country, a cessation of civil war,
at the summer meeting of utterly, wastel. lis offers remains as ins and in view of the exposure of the facts in efficivat aahinistration, ami good methods the Royal Cornwall Polytechnic Society enleulable as that of the proverbial pebble regard to the some of the Chituse lines, of organising labour." The Washington | at Fulmonth.
thing to mako ripples in the water. in the article appearing in The Fizera, Conference cleared up some of the ecr He said it was only 10 years since the since I was a boy-to me the opening of February 13th, it seems only fair to plications embraced within the query. Terry expedition forced Japan into the phrase of Emerson's, masterpieces-visions point out that there are some lines whose Mr. Cross thinks that under the Anglo-
current of international life. She" now Japanese Alfante we were in a better needed an outlet for her rapidly-inereus-ever I passed the lettering which adorns fur Cathay huge crossed my mind when- position is favourable.
The article in question was prepared position for checking Japanese intertering population, and her emigration tend the exterior of the London branch of the with the object of drawing attention to
ente as Japan's Ally than we are untered to move into the warner regions of Union Insurance Society of Canton. To The Four Power Agrement, this treaty unfortuante developments in regard to and other acsimplishments at Washington | California, Hawaii and the Philippine my vertain knowledge, that office has been, certain railways and of emphasizing the had the effect of abrogating wome" of Islands, The "emigration question had at the back of the standard on Coruhiti necessity of action in crier to misure Japan's notable 21 demands. It is, how- against loss in the future. There was no veer, the situation, in China which appens
for nearly half-a-century. Soon the staff. intention to slam Chine raildays in met
mpost. It is one of a chaotic state or fin-
will prove from the exchange to the- general as a field for foreign investment, ance, due not so much to the furt that
peiety's magnifierat premists in coupe of On the contrary, all who are interested China has been a "backsheesh" eventry. in this country are eager to promote rail from time immemorial, as to the enorm asked, push her assertion of race equal-errction near Firehave. So Jasi werk. way enterprise.
on terruption found in the methods of ity to the point of demanding equal trea:- I bent to the spell of the unwenrying title Connecting with ||tha Peking-Bankow] China's present rulers. The picture is
letters on the went wireshlind and, greatly trunk line are three railways all of much ont a very promising our, although, theent to Japanese and British in Austra value as feeders of the main line. The totul National. Debt, funded and Boating, lin, New Zealand and British Columbia, daring, determined to explore behind most northerly links up with Taiyunnfa, is a mers trifle per head of the poput and of Japanese and Americans in Call the wished I were taking with me a the capital of Shansi, a distance of 131 tien. BIT. Crosse sums up as "follows miles. The line, known as the Chang-Tail regarding the ultimate development offornia, and if she did demand this, would half-million marine risk, as I found the,”
she be able and willing to go to war for wonderful swing-dour of the manager's Railway, was built with French money, the Far East: under a loan agreement for 40,000,000 (1) The overthrow of autogratie rule it. Was her mainland policy in Eastern room and pushed it opra unannouned." A which provides for French, control,
in Japau by a huge proletariat oppressed
big and genial Britisher, very busy and
But they into China, with the object of gaining almost revived, when I studied the balans. special privileges to the exclusion of the sheet he handed me a series of figures. white traders Would she abandon which, backed by the record of may Shioning at the end of an indefinito Meanwhile under foreign management the railway, prospers, revenue for 1921
period, as she had agreed to do? Would heing 83,334,038), as against operating ex-
Japan use her mandatory powers in the pruse, $1,505,000. The net surplus for 1 after payment of all loan charges,
Marshall and Caroline Islands in such a is $7,000,000. he pet proft accruing to
way as to win the approval of the other the Chinese Government during the years
„Powers, or would she try to remain there of higli stiver, when the maintenance of! (5) An Awakened China pronting without supervision or criticism? Would the loan service cost very little, was sub, lessons from the West, arising in the stantial, and still remains large although night and massacring "every foreigner in she develop self-government in Kored, or silver is down. The line under French China. then being strong enough to excontinue her present policy of repression manngement is well maintained, and include all other foreigners, as in the past. nine years will become the unencumbered Later, still a Confucian sage night write ant persccution! property of China.
n treatise on the rise and fall of the Western Power.
4
1t
is one of the only two railways in China under the inevitable sweating system Asia designed to carry the Japanese fron- alert, looked up from, his table. of metre gauge and has est, inclusive which alene con maintain Japan, auder tier far into that continent, and especially dreams of caster magic fleet.
of $1,000,000 for interest during eaustruc tion. about $34,000,000.
Amortization began in 1913, and the principal will be extinguished in 1992.
"BLACK DIAMONDS-"
A little way porth of the Yellow River is the Tao-Ching railway, ninety-three miles, connecting the town of Tuokow, est of the trunk line, with Chinghun on the west, both in Honan. The railway was constructed to serve the mining aren which the Feking Syndicate operates, and was extended eastward beyond the main tine with the object of reaching the Wei River and thus connecting with Tientsin via the Grand Canal. The bond issue
modern ideas, as a first-class Power.
An autocratic Geara stil nanging Japan, and a conflict with America, with the prbable ruin of Japan.
(a) A revival of China ader Gorma Rusin influence and of conflicting Russo- Jupaneer policies in Siberia, with the consequent isolation of Japan.
14) Sino-Japanese hegemony. Το establish this the Japanese must gain the love of the Chinese, and not their hatred as hitherto.
These provoke interesting speculation- for all interested in the vas, subject of China,
TREVESSA" ECHO LLOYD'S MEDAL FOR CAPTAIN
was in
The Japanese were not only traders, but settlers. The world war extended their trade and territorial advantage in use Pacifle. The agreement formed with Britain in 1918 was ratified at Varseilles, and now Japan had thrust her long finger into the American Quadrilateral. She and at one leap had come 2.000 miles very powerful strategic position,
AND CHIEF OFFICER.
tearer Australia. Futile talk about equality of race had sometimes, as in Fiji, Boyd's List announces that the comdeveloped in helligerent mood and resuit was for £800,000, the proceeds of which mittee of Lleyd's have decided to confered in disorder. Tropical products were paid for construction. Interest and Lloyd's silver medal for saving life at sea essential to modern life, hat all the nortization have been daly paid to date, on Cent. Cecil Futter and Chief Officer J. relationships of life must become more and the principal will be extinguished in C. S. Smith, of the Trenta, in recogni-human, and there must be give and take,
tion of their outstanding feat of seaman- ship bringing two open boaty safe to and after the sinking of their vessel in mid-ocean.
My
scores of years, shows the Union of Cauton to be one of the most marvellously fuc evaful of the companies operating in thʊ.......
On the 1921 account, & marine markët. fingi dividend to shareholders, makes a total distribution of fifty per cent, for the year, in addition to a bonus of twenty per ceni, to contributors. On the 1922 account. there is an interim dividend of thirty per cent. to shareholders, and a bonus of twenty per cent, to contributors. The une derwriting suspense account of £253,578 has £31,700 added to it for the year 1941. And there is a heavy balance to the good, amounting to over $430,000, carried for ward from the working account of 1839. As I have indicated, the Union of Can tou is no mushroom affair. Its chief office
or came to the throne, and before is in Victoria city, Hongkong. But this started at Canton before Queen
Those Hongkong was led to Britain. were the days when Canton was the sole What the port in China for foreigners. city of London looked like I leave you to imagine. The second royal exchange was unburned, and a few houses exiled Bank- buildings headquarters of the Sun offices
where you to see the lamp of gun- The loan agreement provides that, the
metal which Chantrey fashioned into the management of all the affairs of the rail
form and features of Wellington. And way shall be undertaken by the Peking
New Bank buildings, as they were style, Syndicate. The revenue for 1921 was Lloyd's Biet has opened a fund for the
on the site of the present Bank-building 1,230,000 and the working expenses a officers and m, whose courage, endur
at the corner of Princesstreet, the North shade over half, leaving a balaner of ance, and discipline helped to bring the
At a recent meeting of the members of British (not yet the North British al- more than suficient to pay the loan two bonts safely through their "long the Master Cotton Spinners' Association Mergantile) had a historic brunch charges. In the west this line is being | voyagis
of Bolton and District the project of a managed by the two stuckbroking brothers extended to.reach the Yellow River, where The latest subscriptions to the fund Textile Technical School at Shanghai was
much in ways to opera it will tap a considerable water-borne (states Llogi's List) include one from the discussed in detail, and, after hearing the up Australia. One of the brothers almost traffic and extend the market for coal. Lord Mayor of London (Alderman RC statement that it was not intended to Byndicats and its associated Chinese com feeling of pride with which the City prejudicing the Lancashire cotton indus
04 the London of Canton, Mr. pany is increasingly in demand, and the generally degards this gullant feat of try, a recommendation was ugunimously committee of the line delivers over a million tons annually" Another contribution comes from the scheme should be withdrawn. All mem-
radnuship.
adopted that any opposition to the Charles William Darbishire, of a firm of to the Peking-Hankow railway, by which
merchants in the Straits having connec it is carried mostly southward, and par- owners of the lost vessel, the Hain Steam-bers of Parliament concerned and other tions with several large insurance com ticularly to Hankow, where it is purship "Co., Ltd In forwarding a cheque organisations have been notified to this bus Wiltshire, daring the fast.
panies, on a seat for the liberals at West- chased largely for use in the Yangtaze for 100 guineas to show their sympathy effect. Both in regard to the supply of bury Wiltshire, daring the last generat with the object of the fund. Messrs. material and the control of the institu
10934.
:
TEXTILE SCHOOL AT
SHANGHAI,
NO
The anthracite coal mined by the Peking Moore), who thus gives expression to the utilise the institution for the purpose of au einpire south of the Murrun-
steamers.
It is urgently desired to extend this Foster, Hain, and Read, Ltd., the Lordon tien, of course, the Manchester Gian railway for 150 miles to Tsinanfu, which managers of the empany. state. "We Bays, the greatest eare will be taken to will open a large new market in Chihi ar ranging for the survivors to be pro- see that the innovation in no way con- vided with free passages to this country flicts with the interests of the cotton and Shantung and give access to the aca at Tientsin and Tsingtao. The profits of at the earliest possible opportunity, the trade, which, moreover, it is hoped in- the western welion of the Tao-Ching rail accommodation being suitably provided directly but substantially to benefit by way are now paying for the losses of the according to the rank of each employ the facilities which will be afforded for the eastern section, but given, the required and the wage of all will run on until bringing to the notice of the Chinese extension-for which funds are available the date of their arrival in this country." the moment a disorganized Government A satisfactory feature of the fund is people the finer counts manufactured in
this country. Bigus an agreement-the mining area will the large number of small subscriptions be able to export at least another which are coming to hand. The response million tons of coal and the railway will so far has beca of a kind to encarage the bone that a suitable testimonial will become a highly profitable conctra,
be made en beha'f of the public to the hercie officers and men. The fund bad reached a total of £300 £s. Ed when the last mail eft.
KEW CONSTRUCTION,
The Lung-Hai railway, designed to con- nect Lanchow, enpital of Kansu, in the Bar west, with Haichow, a bay on the ena about 100 mi'r, south Tsingtao- 29 a rauch more ambitious project. The can lurid surroundings. One was forced to cresion is Belgian, and operations werend double and to feel their way among commenced by the issue of bonds in Bel rows of bare-skinned workmen sweating
over.
*
THE PITTMAN ACT AND SILVER
Ad any
Among the sun tell you.
of the Singapore. Chamber of Commerce, and brings a vast amount of travelled ex- perience to the elucidation of moderu demværntie problems, He is a freetrader, but would like to maximise the produc- tion of food in England itself.
THE STATE OF CHINA.
QUESTIONS IN THE HOUSE OF
COMMONS.·.
As a supplementary question after the reply given by Mr. McNeill to 'Mr. Ger- shom Stowart, on July 2nd. Mr. Stewart What will happen to the price of aid-Will the Hon. Gentleman use his
influence silver Opposing opinions on this ques
to see that our garrisons in China. aro fully maintained, especially in North- tion" are reviewed by the National Bank ern China, and, if possible, strengthened of Commerce in New York in the July and will he also use his influence to see number of Commerce, Monthly. bank points out that the pessimiats have
The that our flag is shown at the smaller out- predicted sharp breaks in the price of
in Chian to reassure those of our there, who may think they are
being
The present prosperity and bright of supply, the, unusual nature of the course, for the missionaries as for
already existed a Begian line between darkness, but, for the flickering of in- Act are completed, but says that there Mr. McNeill: Those are suggested details Kaifeng and Loyang, and this, as we numerable miners Imps, and in the are others who think the consequence not in connection with policy, which I think as two Chinese companies which had midst of a terrible uproar due to the so clear. They point out that the break are covered by my reply. Apent a little on construction, were taken, Buzdreds of rock-drilly driven by com- should at least come on the market slowly Captain. Berkeley: In view of the fact
pressed air.
as the result of the Treasury purchaser that China is a member of the Council of The line was extended eastward from
The Chinese can be enthusiastic when for future delivery. Indeed, they think the League of Nations, will the Foo. Kaifeng to Hauchowfu and westward interested, and the rivalry between the it quite likely that the matter will be Gentleman see if that machinery cannot be from Loyang to Kwanyintang. Funds gangs boring to meet each other: from entirely discounted in price adjustments made use of in the manner suggested in were then exhausted, and further issues opposite ends of the tangel had a tragic before any silver of the United States be the original question? were made in Belgium and Holland to result. Ignoring all orders for caution, comes available in the world's markets.
No answer was returned. provide for further construction. Eat the crucial moment dynamite charges There are those who emphasise, again, the tension was made to the Grand Canal i blew down the wall separating the two relatively indifferent effect of irregulari
Replying f July 4th .tó Sir the east, and there is enough money to. complete construction to Shanchow on the parties, killing six and wounding many. ties in supply on the price of silver. In E. Stockton. Mr. R. MoNeill said that he Yellow River in the west. The total of which there is a fue example near the and this is averred to be unpredictable. their work in China from the existing un- curiously enough, in the bridging work, their opinion everything rests on demand, sionary bodies as to the serious effect on had received representations from the mis capital involved is about £7,000,000, tannel, there were no casualties. As support for minimising the significance rest. His Majesty's Minister would, of Revenue for 1922 was $6,000,000, and operating charges haf that amount, prospects of these lies is due to the fact commodity, silver, is evoked. The silver
do all
to secure proper in his power raving a balance not quite rufficient to that they are under fall foreign control, production year by year is not consumed other pay loan service charges. Nevertheless which ensures efficiency. If they had been as wheat and iron and other things that
British
subjects in China. In answer to a further question by Bir this away is in a firm position, and under Chinese control the soldiers would change their form and cannot be recalled: E. Stockton, Mr. McNeill, said that his should prove highly successful in the have stepped in and taken the receipts. future.
Silver, on the other hand, goes into the Government were fully alive to In the case of the Peking-Hankow stores: of the world-that is into coins, the
caused by the present During my visit to Wu Pei Fu I had Railway, which is purely under Chinese into ornaments, into hoards-and is ensily situation in China. Representations had the opportunity of inspecting the con- control, Wu Pei Fu and Tsao Kun be melted and returned to compete with the been received from large number of im- struction now proceeding on the Lung-tween them take 81,000,000 a month of the new production when an unusual demand portant commercial bodies aphasising the Me aitway bury and Kwanyintang. In a receipts. On the Pakow railway, almost occasions it. The demand is the thing. else than cu disler, interests. Ex
rexuit- section of about 20 miles 15,000 men are equally under Chiness control, the whole China and India have always been the Sir H. Brittain: In the main trouble in
ing from prevent disorders in three shifts working continuously day into military pockets. and night, on a tunnel recently pierced,
are increasingly so to-day on, account..of It is quite evident that there can be the existing, demonetisation of silver in ment finances have come to an end? 'over a mile long and the longest in no question of any foreign capital for many lands. But the affairs of the Far for these disturbances in Ching that there China. The ends were complete, but a railway construction in this country ez East always contain intent surprises, is really no Government in China 1 the middle there was een vas netivity in cept under the striatest conditions as re- Unon one of these may turn the course of Mr. McNeill: That really is.
(Continued et foos of next Column-) gards foreign management.
silver prices-China Express (Loudon,) position.
at work. Three thousand are engaged.of the receipts for last year disappeared most important factors, in demand, and china not due to the fact that Governmenta
Mr. J. Ward Is not the finîn penson