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THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. Central 236.
BRIGG'S
AGENTS FOR
THE HONGKONG DAILY PRESS, THURSDAY, APRIL 24, ' 1824
1, Queen's Buildings.
BITUMINOUS
ENAMELS & SOLUTIONS.
SOLE AGENTS FOR
UNION
ANTI-CORROSIVE and ANTI-FOULING
COMPOSITIONS
FOR SHIP'S 'BOTTOMS.
HAWTHORNE & PEARSON
(IN BANKRUPTCY)
COMPULSORY SALE
WHOLE STOCK
EVENING GOWNS, WRAPS, COTTON DRESSES, TRINKETS. HATS AND VEILS. SUIT LENGTHS AND MADE UP SFITS.
CARPETS MIRRORS
--
AT MARKED PRICES.
SEWING MACHINES,
TERMS: CASH.
BICYCLES
Telephone K711.
Ladies', Gentlemen's or TanDÉM FOR HIRE OR SALE.
Telephore K711.
NEW RACER JUST ARRIVED.
Excellent Opportunities for Competants in Bicycle Races.
HANG LEE CYCLE CO.,
3, Haphong ROAD, KOWLOON.",
Next to PALACE HOTEL.
TK
WORLD THEATRE.
BUDGET SUGGESTIONS.
cipalities. Banks were palatial buildings, ||--- pe of the fundamental neersities of bank- LONDON CHAMBER OF COMMERCE |ing being that it should bs done, in pre-
AND THE INCOME TAX.
wise which inspired confidener,
believe," he" ndded, it would the La cunnyction with the forthcoming Budore relief to the pancing of municipali. ge," she London Chamber of Commerce tie if all the banking industry were a as lopted and tansmitted to the Chan-public industry recognised, by the State cellor of the Exchequer a number of reo with municipalities eleting it as lutions.
branch. Many of our financial problems would be eased by such a thing."
HONGKONG SHARE MARKET
CLOSING, QUOTATIONS
The first deals with the Corporations Profits Tax, which it is urged should Be finally abolished by reason of the fact that it has been universally recognised to be in principle mad requitable in incl.
dence.
Abolition of the There Yenis' - Average
is also suggested, it being cantounded that
the
at present tints is would appent that
Blangkong aust Skaughai
Banks
the change would not invahe the Exrhe, 3. Union Lasumped quer or the average taxpayer in
to falling or is that the The Chamber
rensonably
Tax still stands at a gate which is heavier Than bear
The industry can
shou, therefore, be reduced.
capital need for expansion do not become available with an income tax of is 8d, in the 2 and a litbitty for super-tax in addition in all incomes exceeding £2.000
In the opinion of the Chamber, a deve
·lopramt of the cheque system would ad- {w
mittedly bring with is enormous advun- tages, both financial and economical, und the greater use of cheques fut salt amounts would buy a most faíburable The effver upon the currency note
small, contribution to the National Exche
Arku. Žitko, 1924,
$1,155 6. $269. $iga ho
Hongkong, Fin locurano». China Sugar
Langkate (Combinet Kawloon Wharv
Lauks
Humphreys Estates.
wo Catton Mills... Cement*****
Providenti
Farmi
Watsons
Hongkong #lectrics
$24 ahi, i nest
316 ohl & $8.
behrizal
(hies lights...... $15 (0)41 bc, 39 (aerib. Hongkong Trams..........245.
k Traways
h.
b.-buyers; 1.—sellers; 19.—salta.
quer arising from the inerms in this cheC. E. WARREN CO., LTD.
que stamp duty from any penny to Lao- pricey the Chamber contnis, la no can. pensation for the restriction of the system thereby caused, and a return to a penny" stamp duty is therefore highly desirable.
SANITARY ENGINEERS
'MONUMENTALISTS, &c..
OFFICES & GODOWNS.
198, Wanchai Road,
BANKS "ON VELVET.” MR. WILLIAM LEACH'S PLEA FOR | TEL. No. 263. HONGKONG.
· THEIR NATIONALISATION."
Mr. William Leach, Lader-Secretary for Air. who addressed a meeting as Hanley on the subject of Municipal Finance," was described by the Muror as a wizard in municipal finance,"
Mr. Lesch, after stating that he must resist the temptation, of the chairman to discuss a vational subject like that of the Air Force, said he must also deny the sug- gration that he was a wizard. The politicians he knew who were wizards came from Wales (Laughter.)
There was more outery against the *pending of une shilling in rates than one pound in taxrs, sid Mr. Leach. No Gor- srnment had ever trusted the municipality. One reason for this was that if the muni
cipality WITH allowed full freedom it would strict the Government's power of getting money, and croute the most amazing revo lution that this country had ever yez d
A much needed reform was the national- isation of meneylending. The bank, as the go-between of the present wystera, was on velvet. Bánking was a highly profitable, safe, nosy, straightforward business, and I should certainly be in the hands of muni-
|
ALL KINDS. OF BUILDERS* REQUISITES IN STOCK.
Bath
Soil. Vent and Rain Water Pipes Picor and Wall Tiles. Baths, Basins, Fittings. Waterheaters for Gas, Oil or Coal Fuel Also A Few Chip Heaters
OPEN AND CLONID GRATES. CootING
RANGES.
ESTIMATES FREE FOR ALL SANITARY
INSTALLATIONS, BOT WATER SYSTEMS, &c.
GENCIAL REPAIRS PROMPTLY ATTENDED TO... Specialists in Monumental Work-Cut in Italian Marble or Hongtong Granite.
JUST RECEIVED: A SHIPMEYT OF ITALIAN
MARBLE FLOOK TILES. Prices on Applistico, " ARTIFICIAL WERATUS-FROM 8′ to 18"
DIAMETER IN STOCK."
WEDNESDAY, 22nd, to SATURDAY, 26th.)
at 5.15 p.m. and 9.15 p.m.
LOIS WEBER'S TREMENDOUS PRODUCTION
"A CHAPTER in HER LIFE."
ན་
It is a Big, Clean, Wholesome Picture that the Whole Family can and should See
INTERPRETED BY A POWERFUL CAST featuring
CLAUDE GILLINGWATER, `JACQUELINE GADSDEN JANE MERCER.
BOOKING AT THE THEATRE.
PIANOS FOR SALE OR HIRE.
TSANG FOOK PIANO-00.
TEL, 9127.
To think of
0
May Wandras Beað,
SEA-GRASS and RATTAN FURNITURE that will give you the Utmost BATISFACTION in every point of EXCELLENCE 7
to think of
DO BE CHAIRFUL" COMPANY
61) Queen's Road Central
Matery of Furniturs, the QUALITY, of which has long bean accepted by knowing Furniture-buysrs as tha STANDARD OF MEET.
QUEEN'S THEATRE
The Most Roomy and Comfortable;
the Coolest Summer House
FOR
MOVING PICTURES
The Finest Music and Best Entertainment.
OPENING
CEREMONY
1ST OF MAY
ON