Henry Heath Hats
Handing the
take
a peg of
John
Begg
The
A Hat of Distinction
Men who are careful of their appearance bold Henry Heath Hats in high esteem for comfort and Distinction
HONGKONG AGENTS :
THE HONGKONG DAILY PRESS, SATURDAY, JANUARY 17TH, 1925
Mackintosh & Co., Ltd.
OUR LONDON LETTER.
THE GOVERNMENT AND THE PROPOSED SINGAPORE BASE.
THE OPENING OF PARLIAMENT.
The scene in the House of Commons this week when the first session of the thirty-fourth Parliament of the United Kingdom was opened by the King in per- CONSIDERATIONS WHICH WEIGHson was one to gladden the heart of
WITH THE BRITISH CABINET.
(FROM OUR OWN CORRESPONDENT |
LONDON, December 12th.
SINGAPORE AGAIN.
The decision of the Government ar nouneed is the King's Speech to proceed with the construction of the naval base at Singapore has been hailed with grati, firation in Service circles. The experts consider that in the interests of the Era pire a dorkyard at Singapore is necessary in order to safeguard Imperial interests: It is a matter of Empire policy without There are, of ulterior motives. course, certain people who profess to re- gard' this undertaking as a challenge to somebody; but these are the people who are dways ready and willing to oppose schemes of every description which they are pleased to call Imperial. They be long to the school which used to be dub TAKE A PEG bed Kitty Englanders and they cut
MEN'S WEAR SPECIALISTS Alexandra Building. Des Youx Road.
OF
JOHN BEGG
BLUE CAP
AND
GOLD
CAP
DONNELLY
any
o jer with the great body of opinion in this country.
Cr
everybody who rispert our system of re presentative Government. “Mr. Speak
saw Conservatives to the right of him and Conservatives to the left of him. and their cheers volleyed and thundered as Mr. Stanley Baldwin rose to meet the Socialists criticism of the King's speech. were packed in Conservative M.P.'s every seat on the Government site of the Housy, sitting in the gangways, look ing down from the side galleries and overflowing on to the seats opposite, where they d is reas of benches. This was, in an upressive way, then awer of the country. to Socialista at the General Election.
PICTURES BY WIRELESS.
བད
COMPANY MEETING..
CHINESE ENGINEERING" AND MINING CO..
FINAL DIVIDEND OF 10 PER CENT
་
purchase principle of 200 more wagons These are being manufactured in Europe, and the first consignment of fifty wagons will be made from Antwerp before the end of the prosent month. The output for the year was 4,164,000 tons, against It 571.000 tons in the preceding year
is just over 100,000 tons in excess of the previous record figure of the your 1920-21. The twelfth annual ordinary general Soure difficulty is experienced in main- taiting an adequate supply of labour uneting of the Chinese Engineering and throughout the year, Labour being with Mining ta, Ltd., was held at the Windrawn at certain seasons for agricultural chester House," Old Broad Street. EC,purposes, but everything possible is being, done to make the service in the mines on December 8th, Mr. W. F. Turner, the attractive and to increase the permanent mining population. Development work Chairman, presiding.."
has continued on a large scale, the con- sequence being that the coal in sight at June 30th fast was estimated at 27,638.000
record gare. The general manager .. tons, against 28,305,0 tuns at the close of the preceding year, which was itself
ourmines were never pro. reports that loped than at the end of the year under ages that required and better deve
THE WAR AND SALES.
PROFIT AND LOSS ACCOUNT..
N
review,
You will see from these particulars that at the end of the Bnancial year the busi ness was'in a highly flourishing condition.
The
The CHAIRMAN said: Gentlemen. At the aqual meeting, which was held exactly a year ago today, we were able to report to you that the new financial year bad started well, and that given Anything like settled conditions through out the Far East it was anticipated that the
one. That forecast has proveil tears trailing would be an extremely to be correct and we have the pleasure It was rather pathetic to see the
of submitting to you today a report and shrunken and withered Liberal Party,
statement of accents for the past, year, which found ample accommodation on two which I think you will regard as alto gether satisfactory. We recommend the benches. Only a decade ago they were the dominant political party in the State, declaration of a balance dividend of in The sales were well maintained for the exercising all the power, frostige and per cent, free of Income Tax, making first two mouths,, that is July and August. patronage which are the appanage of 20 per cent. for the year, free of tax, as of the current year. The report states ofice, conferring peerages, granting a compared with to per cent, free of tax, that in the month of September we re pointments in all directions, and cor- for the preceding year, and we carry ceived advice that, owing to preparations trolling the destinies of the Empire at feryard an unusually large amount for fur war in North China, the transport of the most critical moment in history. Now reasous which I will explain later. The goal from the mines bail been stopped. report states that the gross profit of the Fastilities hetween the rival armies began they are a handful
The Labour Party have assembled at Kailan Mining Administration for the towards the end of September and con- Westmister in resentful mood and are past year amounted to $10.00. This thurd through the greater part of Octa-
Fortunately, no fighting, beyond breathing vengeance against their poli-compares with a gross profit of $0.200, 102 her. I understand that from the Cabinet sien! enemies. They are preparing for for the preceding seat. After providing mere brush on one occasion during the point of view the question of Singapore an active campaign, and some extravag for interest on the 6 per cent. Kailan retreat of the Southern Army, took place
mainly a question of the time that ant speeches are to be the oriler of the Bonds. 25.80; Redemption of Bonds is the neighbourhood of our mines. will be required to create a naval base day with them. Seenes" in Parlia for the year, 24,000; Reserve for De chief struggle occurred at Shanhaikwan, there suitable for Empire needs. As the ment are a particularly cheap form of preciation, $4,624501: the proportion of some distance beyond our Port of Chia-. present time there is accommodation suf- advertisement, and we may be sure that profit to which the Chibli Provincini wangtao, and at the end of October wa Reient to dock aircraft carriers of the they will be forthcoming, though it is overament is entitled and other items were advised by nabie that so far as our 我 net profit remaining of area was concerned hostilities had ceased, latest design, but it will take eight or extremely unlikely anyone in this coun- there is nine years to provide dry dock necommetry will be impressed by that sort of 87,320,371, as compared with $6,100,108 A further telegram on November 6th stated that the situation was all clear dation huge modern capitul ships. thing, which will be rated at its true in the preceding year. ̈
and that no damage had been done. The In eight or nine years the Washington value, and that is simply no value at Convention comes to an, end, and there-all.
The proportion of this profit brought effect on our business of the railway being monopolised for the transport of troops fore the Conservative Government in pro-
to credit of our profit and loss accus, and material is seen in the figures of posing, to examine the Singapore ques- There is something decidedly thrilling together with interest in China,.
coal despatched from the mines. For the tion are simply taking time by the lore in the transmission of photographs over $494,629. Interest in Europe, exchange first week of September it was 73.000 lock Nobody living can prophesy what the Atlantic by wireless. As may be sup- and minor items bring up the total credit tons and for the second week 30,000 tons, the state of affairs will be in the Pacific. posed the fent has created enormous in- to £521,633. Administration and expenses
in the third and fourth works it fell to whilst or in any part of the world for that ferest in this country, especially among of all kinds in Europe, including a dona matters, in 193.
journalists. Of course, the results fall tion of tes to Japanese Earthquake 10,000 and 12,000 tous respectively, far short of perfection; but so did the itelief Funds, anxount to £1,410, leaving for the three weeks to November 29th net profit for the year of £300, the agures were 15,000, 20,000 and 20,000 When the subject of Singapore comes first locomotive compared with the ex
tons in the first week of September to The balance brought forward. ap again in Parliament, as it will in due press cagines of tu-day. The central fact The corresponding figure last year was respectively The sales fell from 71,000 16,000 in the first week of November. course, there will no doubt be the usual is that by means of a transmitter sent £397,47% talk about the League of Nations, and from America to England and installed from the previous year's account was There was an improvement to 20,000 tose. in Marconi House, in the Strand, pictures £9,937, and we have a credit of £100,03% the hity of the British Empire to set á SOLE AGENTS.good example of international good will, of Mary, and Miss Eilen Terry of which you were informed, at the general this state of things is simply a question ill of Queen Alexandra, the Prince of Wales, for repayment of Excess Profits Duty, and 25,000 toča in the third and fourth werks respectively. The recovery from and we shall be teld that, like Agag, we
Income Tax a return to normal facilities for the aught to walk lightly, so as not to offend were radiographed from London to New meeting last year. These sums inake a the susceptibilities of certam nations. But York, Radio wonders will never cease. total credit of £611,421
I am not going to make any pronounce- Twenty years ago an achievement such as absorbs £113,746, and Conxiration. Profits transport of our coal. of all this talk is the stock-in-trade parifists and against it may be set the this would have been regarded as beyond Tax, which happily appears for the inst opinion of well-informed observers that the bounds of possibility. "Bat I hear it time, is estimated at £14345, so there meat upon the general situation in China. the, League of Nations is not exactly the confidently predicted that before long the remains a balance of £483.030 to be car beyond this, modest one, that to all ap- transmission of pictures by wireless thou- ried to the balance sheet, An interim pearance things are settling down and. the time of year is not favourable to the body to which the people of this Plant would rare to commit Imperial destiniesands of miles away will be an ordinary dividend of 10 per cent free of tax.
vate advices we have are to the effect At present the League is trying to extab, part of newspaper organisation, being all was paid on May 1st last, amounting to recurrence of bustilities. The latest pri-
£140,000, which leaves available the sum lish itself, and is more or less an acade in the day's work, so to speak.
I believe that previous attempts to of £343,000 shown in the balance sheet. that the war for us is happily over and.
no damage has been done, and that com mie debating site, whereas the British! Empire is an early solid and sub-transmit photographs have depended on Out of this balance we propose that a
a code system, in which a large nueiber further dividend of 10 per cent. be "de mercial traffic is likely to he resumed.. of telegraphic signals have to be sent to elured to-day, free of Income Tax (making it is obvious that this resumption must It is interesting to mention that the indicate the position of dots on a pre- 20 per cent. for the year, free of tax), he gradual and we must moderato pur Dominions are closely concerned in the viously numbered chart, The wireless that is, £140,000. The directors further expectations accordingly, bearing in mind establishment of the Singapore base. New picture is, however, made at the receis remuneration under Article sa of the at the same time that it is to the interest amounts to of the Chinese Government and the whole Zealand has already promised to contri- ing ead by an electric fountain pen which Articles of Association bute £100,000 far the proposed scheue, and traces little waving lines on a rotating £1882, so that there will remain a community that the resumption should The mines are being Australia will not be found behind with cylinder that together make ap an almost balance of £180.400 to be carried forward not be delayed. asbstantial contribution. Meanwhile, perfert reproduction. The time has been to the next account. This balance may worked to their full capacity. We shall bear that the Government are sounding reduced to twenty minutes, and it is be taken to consist of the £9,937 pro: have enormous stocks available to meet brought forward from the preceding year, the heavy demands that will be made the Dominions as to a contribution for hoped to make it less still
the £100,956 in respect of Excess Profits, upon us, and the general manager tells extending the existing accommodation
which is, of course, profit earned in earlier us that the mines were never better equip for ducking ships at Singapore.
The workings of the Bolshevis mind years, and £75.510, balance of the
'may therefore, I think, look with con- The first batch of discharged soldiers, rond the comprehension of the average 13 per cent on the share capital. Under fidence for a return at no distant date accompanied by their wives and children, John Citizen in this old land of settled ordinary circumstances it would not have of the prosperity which was interrupted have just departed for West Australia, convictions on the duty we owe to our heen necessary to carry forward anything a few months ago.
&
LEAGUE OF NATIONS TALK.
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18TH ANNIVERSARY
SALE.
Valuable Coupons Given Away.
For Every Dollar Purchase or Several Purchases totalling A Dollar (after deducting the Discount) A Five-cent Coupon will be given away.
THE WING ON CO., LTD.
GREAT ECONOMY SALE NOW ON.
Everything Marked
DOWN TO
Rock Bottom Prices
Come Early and
Have Your First Selection.
Sales started on 16th January,
YEE SANG FAT CO.
stential fact
EMPIRE SETTLEMENT.
1' ,'.
THAT NEXT.
are fearful and wonderful, and quite be- of the year 1923-24. It is equal to Profped and ready for future operatioon. We
.1
I will now propose that the directors" pioneers. These ex-soldiers are the first Chargé d'Affairs in London, has issued but having regard to the present position he and they are hereby received and to he trained under the Empire Settle to London journalists and art critice an of our affairs in China, which is referred adopted, and that a feal dividend be ment Act at the Army Vocational Train-invitation to an exhibition of pictures at to later in the report, we have felt it our declared of 10 per cent, Icee of Income ing Centre at Catterick, and it was very Chesham House, Chesham Piace, which duty to restrict the dividend and mais Tax, making 20 per cent. for the year pleasing to everyone interested that the is now as I described in a recent article tain a condition of exceptional strength free of Income Tax, payable on Dever men and their wives and children should the Bolshevist Embassy. The exhibi- until we have returned to a settled state be graciously given a Royal good-bye by tion is to be open on each Tuesday and of things in Chipa., Queen Mary, who received them at Friday, and the object of it is to aid Buckingham Palace, and presented each the funds for maintaining Russian orphan family with a photograph of herself. The children." There is a touch-of supreme party, which sailed from Tilbury, num-irony in the fact that the Russian orphan bered in all, and as the settlers, their children are the child victims of Bol- wives, and the elder children have been sherik savagery in Russia! given a grounding in farming operations
MORE JUDGES. their future under the Southern Cross will be watched with uncommon inter-
and it may be sail that the Empire neighbours. At the moment Bolshevista like so large n sum, and the Boar which report and accounts to June, 30th, 1924
Settlement scheme has really got to work psychology is more perplexing than ever, have proposed a larger dividend,
in a practical sense. The party are the Madame Rakovsky, the wife of the Soviet is fully justified by the financial position,,
ost.
MORE R. "
are about
The Chairman next moved the von
ber 9th, 1921.
The resolution, which was seconded by The balance sheet shows liabilities to Lard Southborough, G.C... was carried creditors £120,303, which is about £30,000 unanimously after the chairman had more than in the preceding year, the replied to questions.
The retiring directors, Mr. Felieton difference being in respect of claims of
The reserve for Cattier, Mr. Lambert Jadot, and Col... the Inland Revenue. Corporation Profits Tax was estimated A. Micklem, were re-elected, on the at £33,519, and the half-year's debenture motion of the Chairman, seconded by Steps are being taken to strengthen the interest credited to June 30th was £28,080, Mr. Edmund Davis,
making a total of £187,109. On the other judiciary in the High Court by the side there is a large increase in the cash, pointment of two quisne judges to the which stands at £398,779, being over finnation of the appointment to the King's Bench Division. The congested £300,000 more than in the preceding hal Board of Major W. S. Nathan, C.M.G.. The whole Town is laughing at the state of business is proof that something ance sheet Bills were £20,262, against and, in doing so, observed that he told Lord Chamberlain because he has put ought to be done, and although there 28,330 last year. The debtors, 20 Major Nathan was about to be elected. the shareholders at the last meeting that a ban on the mention of "Mr. Ad in all may be some protest on the score of ad-
usual, but I must point out new play. It is considered that the ditional expense, the public benefits that authorities, having made every kind of would ensure are so great that his view that the debtor balance on current ac- That had been done, and it now required mistake in trying to hide the identity of of the matter will carry little weight tration, which was included fast time holders.
count with the Kailan Mining Adminis- confirmation on the part of the share- Sir Hari Singh in a civil actice of inter-For some months Mr. Justice Darling has under the head of debtors, has now been Colonel H. A. Micklere, C.B., C.M., national interest, are now making them-been back in the Law Courte from which shows separately in the balance sheet, D.9.0., in seconding the motion, said he There is thought it would be a source of great selves ridiculous by banning any men he had retired; his services, which he offer the figure being £134,072 tion of him or the stage. The Lorded quite voluntarily, being gladly accept nothing else that needs meation. I think satisfaction to all the shareholders to bato Chamberlain is supreme A censor of ed; and it was he who presided in the it will be agreed that the balance sheet on the Board Major Nathan, who had theatrical productions, and if he says a Bank case concerning the blackmailing is all that can be desired,
historic **Mr. thing is unmentionable it is unmeation of Sir Hari Singh, the now able unless a theatre likes to run the risk to the tune of £150,000. SE was in
Now a regards the history of the year's of losing its licence. But the public re-order to help clear off the arrears of gard the decision in this instance as mis work in the Courts that Mr. Justice Dur working The report states that the sales guided seal which will simply put a pre-ling came out of his retirement to his of, coal amounted to 1.284,100 tons, an mium on the oblique jest, and the in-old place in the King's Bench Division.increase of 571,930 tons, which is about genious gag.
Before the Labour Government were 15 per cent over the preceding year. Who can set a limit to the expression bundled out of office the then Attorney. These figures would have been larger it and Co., were re-appointed, on the motion 1. Dixon, and the meeting then termig of wit! The other night at the annual General, Mr. Patrick Hastings, gave no the means of transport had been ade of Mr. H. TA. Fidge, seconded by Mr. dinner of the Savage Club the Lord tice to move an address to His Majesty quato to the demands of the trade. Chief Justice, Lord, Hewart, in the course to appoint two additional judges, but mentioned at the last meeting that the ated. olen speech introduced & "Mr. O." The owing to circumstances he was unable to Kailan Mining Administration had hought
Two payments of death duties have implication was obvious, although Mr. carry out his intention. His successor, 100 coal wagons in China and had saki
The late Lord A was not mentioned. Lord Hewart Sir Douglas Hegg, intends to pursue them to the Peking-Mukden Railway reduced the Mesham fortune by half allided to "certain passages in the pri the matter, which will go through, as it under a hire purchase agreement. These during this ye vate life" of one of the carlier members has the approval of the Cabinet. The wagons had been in use only during the Masham, of Swinton, Yorkshire,
personally of the Club, adding, "I might refer to scale of payment is not very high as last two months of the year 1822-23, but died in January last, left, estate valued
exception of him as Mr. O' Then he said very things go in these days. A puiane judge with their help and certain improvements at £1,857,608, with net cleverly that he was permitted by the ship is only £6,000 a year, which is about in the handling of the railway traffe the 21,342,941. With the Board of Works to mention the men aquarter of what leading men at the Bar large stocks which had accumulated at legacy of £100,000 to the trustens of ber's name it was that of the Latin are able to make. There has been a the mices had been worked off by Septem the Swinton estate and annuities
suggestion that the salaries of the judges ber, 1823, In view of the great advantage 21,000 each to three sisters, the whole poet Ovid.".
Death, duties It can be imagined how the pantomime should be raised, for they only receive thus obtained, a further contract bas been of the residue was left to Lady Masham librettists will bless the Lord Chamber the same amount that was customary in entered into by the Kailan Mining Adwho died in May last, lain for providing them with an inex the brave days of cheaper living and ministration with the Peking-Mukden therefore became payable twice within haustible subject for jesting.
lighter taxation before the war,-HB.Railway for the sale to them-on-the hire six months
THE YEAR'S WORKING.
beep the company's generat manager for many years in China, and did very good service for them. They all knew that, in a very large measure, the present pro- sperity of the company was due to him. The motion was carried.
The auditors, Mesari, Annan, Dexter
who
#4
of
41