WILKINSON'S
TANSAN
THE HONGKONG DAILY PRESS, WEDNESDAY, APRIL STB, 1925
The Ideal Drink in the Hot Weather THE ABSOLUTE PURITY
"
WILKINSON'S TANSAN NATURAL MINERAL WATER®
YOUR SAFEGUARD : "THE CHOICEST OF ALL CHOICE WATERS" The Clifford.Wilkinson Vanesa Mineral Water Company, Ltd, are a British Company daly incorporated under the Companies Ordinances of Hongkong.
SOLE AGENTS:
-GANDE, PRICE & Co., Ltd.,
TIL, CENTRAL No. 135:
HONGKONG.
DAIRY FARM
FARM NEWS.
Nice Weather ?
ICE
NO
WEATHER!
(Pass Books on Application)
ICE DEPOTS at-Pottinger Street
Nathan Road, Kowloon Murray Place, Quarry Bay Ice Works, East Point Wuhu Street. Hunghom.
The Dairy Farm, I & Cold Storage Co., Ltd.
Just Arrived A Consignment of Real-
S
GRUYERE SWISS CHEESE
CAMEMBERT CHEESE
SAUCISSON DE LION
BONELESS SARDINES IN OIL
REDE
CYRANO (HORS D'OEUVRE) ANCHOVIES IN OIL
SALTED HERRINGS
BLACK OLIVES.
FRENCH STORÐ, TELEPHONE 794. -----9-Beaconsfield Arcade.
CLEANERS
SEND IT
TO THE
LAUNDRY.
IT WILL BE TO YOUR ADVANT
AGE
TO HAVE YOUR WINTER CLOTHES HYGI- ENICALLY DRY.” CLEANED BE- FORE STORING.
STEAM LAUNDRY CO.
HEAD OFFICE & WORKS: Yaumati, Tel: K. 32.
HONGKONG DEPOT: 16, Stanley Street, Tel. C. 1279.
XOWLOON HOTEL DEPOT:
KOWLOON DEPUT: 19, Canton Road...
CANTON: 19. Sharki Central, East-
HONGKONG HOTEL: (Visitors only). '
Write or Phone for complete Price List.
MELACHRINO
EGYPTIAN
CIGARETTES
NEW SHIPMENT JUST ARRIVED.
No. 4-3476
No. 9-32.75
}
PER TIN OF 100%
ABAQUERÍA FILIPINA
LEADING TOBACCONISTS IN THE FAR EAST
UNDER THE DAWES PLAN.
GERMANY'S SITUATION.
the Keich has put an end to a struggle which has been instructive in this respect. The peint nader question was whether workers in blast-furnaces and foundries should continue to be subject to a system of
shifts of 12 hours cash, or whether (By Max Corey-Rec. Member of the
these hours of work, intolerable for the German Economic State Council.]
workers in the long run, should be super- Germans generally are agreed that the seded by a system of a shifts of 8 hours acceptance of the Dawes Scheme at the Cach. The views of the employers acd Loudon Conference has essentially in the men's representatives were to the last proved things for Germany. The way dinmetrically opposeds The former de Germany has had to follow, froin themanded that the 12 hours system be re- Armistice, in 1015, through Versailles and tained, and the latter that it he immedi
ately done away with. Braus another station of tribulation until the Dawes Agreement was arrived at in London in August 1924. has been a long and diheult one. Here, at last, ana rangement was come to in regard to the reparations problem from purely economie points of view, and by the actant subscrip
The important point to note here is that the employers demanded the reten tion of the 12 hours systems not from" con- siderations of principle-they too would prefer to substitute the 8 hours shift- ut hernuse they were not in a position to raise the greater amount in wages the The employers sinvolve.
tiun of the loan of 500 million geldmarks change would stantiate this view by |
to reflect what it must men when the German iron and steel industry declares that for the time being it is not in a position. for its part, to introduce the
shift and s-hour system which other- wise is universal throughout the whole of Europe and over nearly all America. This is especially true of the per Silesian iron and steel industry, which is having to work its way up again under the greatest dificulties.
HIGH TAXATION.
provided for in the scheme, a solid basis
were able to established for the maintenance of Ger-
trustworthy statistical waterial, partly any's currency. The abolition of the checked by official examination, and the Micune system, the restoration of the eloquent tale which an event of that sort economic and Escal unity of the Reich by tells can hardly fail to make an impres the removal of the foreign customs bound-sion on anyons, for is only necessary ary and railway management, the evacu tion of small portions of territory, the pardon and repatriation of Germans pelled from their homes, have really comparison with the well-nigh desperate conditions which had hitberto obtained, brought Germany very great relief.
Bat it has been a painful shoek to all Germans. that the evnetarion of the ter ritury to the left of the Rhine, the so- called Cologne Zone, as stipulated by the Versailles Treaty, has not been carried out People in Germany almost unanim.
Neither should a false conclusion hei ously are of the opinion, that the infringe. ments of the conditions laid down by the drawn from the reductions proposed in Versailles Treaty as to military disarma- taxation at the close of 1921 These de meat, alleged by the Entente, are merely denote, it is true, that the State hudget n formal justification for non-evacuation, has at last been balances, Int that was and that this bas in reality been prolonged made possible only by the imposition of which merely on account of the continuation of extraordinarily heavy taxation the destipation of the Rubr. One has could not be continued indefinitely, and therefore a right to .deviand and to ex-
was only borde by the German people pect, by way of compensation, that the hecause it saw that the sacrifice had to evacuation of the occupied Ruhe territory be made, if the state suances were ever should not be put off until August, but to be put on to a healthy footing and take place at a correspondingly earlier the fan currency to be maintained. date, and that evacuation of the Cologat This high tasation imposed during the
Al. zone be effected simultaneously.
past year, which to far too great an ex- though the matter has no direct cuance-tent was a taxation not on profits, but tion with the Lawes agreement, bae may on substance, can, cow that all danger all the same speak of an indirect on- has been definitely removed by the being- nection, in respect to the spirit of that ing in of, the lun, he reduced somewhat. Agreement. Für it lies in the spirit and This reduction is not a large one, though. seuse of the Dawes agreement to prevent and the stipulation made by the Dawes as far as possible all sanctions and bea.
Committee, that the taxation horne by sures of force, or, in so far such still the German people should be not less than obtain, to curtail them.
that horne by the Entente countries, is certainly still being complied with. More- over, the taxation per head of the popula tion in Germany and England, for in- stanec, cannot be compared each with the other without more ado, Such a com parison cannot fail to he erroneous,
WAY TO FREEDOM AND INDEPENDENCE.
it
It would be quite wrong, however, from the fact that the Dawes agrecuert has indeed relieved the situation for Ger many, to draw the conclusion that her situation generally may now be consider. H ed an easy pue. It is admittedly much only for the reason that in Germany, as is known. taxation' is subject to a three- easier as already stated, in comparison fold division: by the Reich, by con with what it was previously. Only it
should not he forgotten that the cramp-stituent States and by Local Authorities ing of German sovereignty caused by the whereas across the Channel there
nothing corresponding to taxation by con- comprehensive system of control, and the tituent States. Further it is not a mat large early financial and economic de- liveries under the head of reparations,ter of absolute incidence per head, but has to give up. constitute in their totality a spiritual and of rhat proportion of the income the
individual taxpayer material burden such as no nation can Reckoning in that way, one arrives at easily hear. If we have taken it upon ourselves, it has been because the great quite a different result, and it will be majority of the tierman people could dis seen that the slight reduction recently effected in taxation denoted only relief sera aa other way towards ultimate free: to the German taxpayer which could no dom and independence. and now hopes longer he postponed. that through the fulfilment of the Dawes agreement Germany itself, and the other peoples of Europe also, may be snatched from their descent to ruin, and all he led to make such a fresh upward effort as will bring at last the peaceful co-opera- tion of all the European nations for the weal of the whole continent. For other wise Europe, in the absence of such peaceful co-operation of its peoples, as clear-seeing politicans of all states are increasingly aware, will soon have to own the competitive itself vanquished in struggle with other continents.
GERMANY'S DEVASTATIONS.".
In Germany, of course, despite "the difficulties facing us an all sides, which have to be overcome, we shall set to work with a will, confident that by applying our full energy we shall be able to full the reparation obligations which the We are Dawes agreement lays upon us. well aware that many things here at home will have to be altered if this is to he accouplished.
GREEN ISLAND CEMENT CO., LTD.
Best Portland Cement
SHEWAN, TOMES & CO;
GENTRAL MANAGERS, ·
HONGKONG.
CHINA PROVIDENT LOAN & MORTGAGE - COMPANY. LTD.
Advances made on Landed Property, Goods, etc.
►
Trustees of Estates, Executors of Wills, etc.
Warehousing "of Goods of all Description.
For Terms and Farticulars
Apply at the Head-Office-
"St. George's" Building.
Telephone: C. 781. Telegraphic Address:"RELYAT."-
Telegraphic Address:
"LIGHTERAGE"
;
Telephone No. C. 781.
HONGKONG TUG & LIGHTER CO., LTD.
Stevedorage and Lighterage Work undertaken. Tugs and Lighters 'available at all hours.
Apply at the Head-Office,
"St. George's" Building
Telephone No. Chinese Branches: C, 4885.
K 622.
HONGKONG & TERRITORIAL ESTATES, LTD..
(Property Owners, Estate Agents, Land Valuers, etc.)
WILL UNDERTAKE THE
Development and Improvement of Landed Property and attend to all Branches of Real Estate Business.
EXCESSIVE PUBLIC EXPENDITURE Above all we shall have to see that further economies are effected wherever possible. There are well informed people The remarks often made, especially in Germany who are of the opinion that the public expedditure on the administra abroad (und the experts who drew up the son of the Reich, the constituent States Dawes report also held this view), that and by Local Authorities might still be Germany sustained from the war n considerably reduced, and that in no devastation worth mentioning, but has at country is more money expended for auch her disposal, and has had all aloux, con purposes than in the case in Germany. siderable material resources. CertainlyIt is the that there are, in comparison we do still possess considerabl resources, but the basis necessary to our economic Retivity is nevertheless very much more restricted than before the war. The idea of devastation should not he given too literal, too formally narrow a meaning hut understood in political-economic непле. If that is done it will be seen clearly that Germany after all has sus tained very considerable "devastations. Even if we set aside the loss of our entire colonial possessions, practically the whole at our mercantile marine, our overseas maintained only on the smallest possible cables and foreign (especially overseas) scale, and that the salaries and wages trade connections, which after, all are
for officials, employees and workers hate things of real importance, even so we hardly been raised at all, it is impossible amounted, in the latter year, to 371.871. have lost, within Germany itself: some to see why Germany should be the most 35 per cent of our wheat and rye crop, costly country to govern in the whate to both services further big reductions ·
with pre-war days, is whole series of cir ustanees making increased expenditure inevitable. These are, above all: the increase in materia expenses, and the much larger sums involved in provision for was dependents and the disabled, and alsa
on administration the disbursements occasioned by the reparation deliveries, If it be borne in mind on the other hand that the territory under administration is 10 per cent. less than before the war, that the army and navy are now being
A
TELEPHONE
C. 781.
For terms and particulars
Apply at the Head-Office,
"St. George's
Telegraphic Address: "ESTATES.",
bave been effected.
is frequent- 18 per cent. of our potato crop, 68 per world. That kind of assertion
NEED FOR INCREASED. PRODUCTION. cent. of our zincfore output, 74 per cent, ly made. It is, of course, impossible to
In addition to these measures of of our iron-ore output. 20 per cent, of substantiate it in detail, but it is of in- our coal output (inclusive of the Saur terest anyhow that a Berlin Monday economy, however, it will be of the atmost Territory, the coal-pits of which Have been ceded to France), and 13 per cent. of our Paper, in an article based on cautiously importance in Germany that all our former territory along with 10 per cent piled hures, arrived recently at the energies at home he brought to bear in that the total expenditure for state a concentrated and positive way on in- of our population. Are these not truly administrative purposes in the year 1912 creased production, and less than hitherto, devastations
ons of considerable magnitude, reached the sum of 37 milliards of marks, wasted in mutual recrimination. in the economie sense most weighty ones while in 1924, the outlay for the same pur- The Dawes Plan, after important op- In ceding one-eighth of its surface (7.05 pose was 5.4 milliards of marks, The portunities for years have been allowed million hectares), Germany has lost an figures given in the Memorandum, on to slip, furnishes the basis not only for ares larger than the whole of, Belgium, Germany's economic condition, currency a policy of reconstruction within Ger- the Netherlands and Luxembourg to- and Gaance, which was drawn up on behalf many, but also for a reconciliation and. gether, and a little larger than the whole of the Government for submission to the understanding by any of policy abroad, milica hectares covered by Bavaria Reparation Commission experts, appear especially with the French. "Even if such to the right of the Rhine. The seded also to hear out this idea that we are a policy is as yet unpopular, it will have territory is of especial importance from governed in a very costly manner, and to be proceeded with all the sate, and the agricultural point of view, for the that much expenditure might yet be naturally presupposes, if it is to be suc- reason that Germany, even before the saved. The number of persons employ cessful, a gathering together of energies war, was not able to produce on its owned by the State Railways, for instance, at home. By it must the German people soil all the food supplies required to in the financial year 1813 amounted to win again its way to freedom and self- sustain its population.
750,600, and in the year 1923, in spite of determination, and then, when that has "INDEBTEDNESS UP TO THE, EARS," the numerous discharges which took place been accomplished, it may perhaps once from 1920 onwards, the number employed more he possible for the economic and The indebtedness of a very large pro was still as high as $75,000. A similar political forces in the different classes at portion of our industry for the most part to foreign countries); above-all in state of things may be seen in the case home to measure, themselves against one of the postal and telegraph services, another. For the present, though, con- the Western territory, on which the rest where in the anancial year 1913 the staff ficts at home must be thrust into the depends, is so considerable that it may in many cases be termed an indebtedness was 8,404 strong, and after considerable background, and for the next few years up to the ears. Just in the last few weeks reductions in the years 1929-23, still our watchword will have to be: co-opera-
tion. Die Daweswey. (Continúed on next "Column), A resolution of the Economic Council of
7.
Building.
HOME LEAVE
Insure your
BAGGAGE
against all risks with:
GILMANS
44, Des Voeux Road.
Telephone C. 290.