Page
GAELIC
03
OLD SMUGGLER
WH:JAY
Smugg
THE HONGKONG DAILY PRESS, MONDAY, AUGUST 9TF,
A BRAND REGISTERED IN EVERY MARKET OF THE WORLD.
Guaranteed a pure Scotch Whisky composed of the Finest Old High- land Malts and Grains of proved Age and Maturity.
Gaelic Old Smuggler is the Premier "Scotch" known and appreciated Everywhere.
GANDE, PRICE & CO. LTD. ST. GEORGE'S BUILDING, ICE HOUSE STREET,
HONGKONG.
TEL. CENTRAL 135,
DON'T BE
ANNOYED
WITH DUSTY CARPETS
AND RUGS, SEND
THEM TO US
THEY WILL BE
RETURNED
FRESH AND
CLEAN
ALL FOR 50 CT
PER SQ. YD.
THE STEAM LAUNDRY CO.
HEAD OFFICE & WORKS: Mongkok, Tel. E, 32 HONGKONG DEPOT: 16, Stanley St., Tel. 0. 1279. KOWLOON HOTEL DEPOT. KOWLOON DEPOT: 19, Canton Road PEAK HOTEL DEPOT.
HONGKONG HOTEL (Visitors only).. Write or Phone for complete Price List.
PERFUMERY
Manufactured by BIGAUD. PARIS,
6009
***AIRE
EMBALAAMADO "
MARY GARDEN"
* HORA VÄRINOSÁL "
"DULCE_MIA"
* LILAS RIGAUD "
Obtainable from.
VICENTE ATIENZA & Co., No. 64, NATHAN RS, KOTLOOS, TE
Lilas RIGAUD
PALIE
For the Evening Toilet
Hazeline Snow
(Trade Mark).
Soothes the skin, making "it cool and white, Vanishes completely, leaving a perfect surface for powder.
**Hazeline' Rose Frost"
(Trade Mark)
Gives a natural colour to pale cheeks
Both in giam pota
BURROUGHS
All Chemists and, Stores.
LCOME & CO
LONDON
All Rights Reserved
CREDIT INSURANCE OF EXPORTS.
GOVERNMENT SCHEME, STARTED.
THE CONDITIONS.
MUSIC AS A CAREER.
ALL-WOMEN ORCHESTRAS.
GROWING. STEADILY IN POPULARITY.
The Government's "scheme" for credit Several London restaurants have re insurance on the exports of goods procently followed the practice of star. duced or manufactured, in the United ring women's orchestras, or announc Kingdom came into force last month, ing them as special attractions. An in- when regulations were issued giving clear cidental result of this has been to draw and concise particulars for the benefit of attention to the position of women in exporters. The scheme is based on the the musical profession. The number of report of the Committes which examined all-women orchestras is growing steadily, the subject, published at the end of and employment is being found for some. March. It is intended to help exporters of them in the new tea rooms opened by whose transactions involve long credits, the great Wost end stores. Women and its operation is limited to a period musicians are also taking a more pro of three years. At the end of that timeminent place in cinemas, where the play. it is hoped that the insurance companies ling presents problems of its own, as the and banks, enlightened by the pioneer music has to act as an emotional under experience of the Department of Over-current to the film. seas Trade, will undertake this sort of
of the best-known picture insurance.
houses, and at a leading music-hall, The guarantees are offered under the mixed orchestras are preferred, and they Export Credits Act, and, while every ap-have been advocated for many years by plication will be examined by an advisory so great an authority as Sir Henry committee, assurances are offered that Wood. At his proms." in London be absolute secrecy will be observed and that conducts mixed orchestras, and he con traders need have no fear of their affairssiders that artistically the experiment. being disclosed to competitors Nos is fully justified by the results, because
In
Some
GREEN ISLAND CEMENT CO., LTD.
Best Portland Cement.
びび
SHEWAN, TOMES & CO.
every application which is received will it brings a special, indefinable element Where be approved, and premiums in approved into the playing. There are signs that cases will vary according to cireum-really Arst-rate women orchestral players mmittee were generally agreed that the And it is not only in the professional export trade of the country would benefit world that women musicians are able to
stances; but the Credit Insurance Com-are being more and more appreciated,
GENERAL MANAGERS,
HONGKONG.
Jaba
[56
Portuguese, English and
Dutch in turn Struggled for Mastery,
from some additional, menas of insuring utilise their talent. A mest useful work has been since the 16th century, a Magnet attracting» against bad debts, and the scheme seeks is being done in small towns and villages, to provide reasonable facilities
where amateur women players are very from Europe all who sought Trade, Adventure or Gain,
GIRL GRADUATES.
The regulations just issued divide-the | much to the fore at competitive festivals. facilities into three classes. The Erst A similar state of aEairs exista in embraces those of an insurance character, America, where the ubiquitous music by which the guarantes is given without cluba are mostly run by women recourse to the exporter. In these cases the guarantee may not exceed 75 per cent. of the amount of credit granted to the importer. In the second class a guaran- tee for the full amount of the credit may be obtained with the provision of fall recourse to the exporter subsequently in the event of default In the third class are facilities of an intermediate charac- ter, by which the guarantee is given for the whole or part of the credit either without recourse to the exporter or with such recourse as may be agreed. In these cases the guarantee may not exceed 78 per cent of the credit unless approved security is provided.
NATURE OF QUARANTEE.
Ете
from all parts of the world.
To those seeking relief from the oppressive and trying local sum- mer, there is no place which holds forth such a pleasing prospect of complete change of surroundings, of secenery and of clmate.
Big_Game__shooting
8 days to Batavia, a short journey then takes the traveller to the Highlands, where all the trials of heat- and humidity are forgotten in a temperate climate unsurpassed in any tropical country."
Wonderful ancient Temples
Motor tours through magnificent scenery
Dolce far niente, for those who prefer it, in
Hill resorts like Sindanglaja or Tosari, where
Fires in the evening will be appreciated.
To-day it is rapidly becoming known as one of the Gems of the Every year a goodly number of girls Pacific-The Pearl of the Orient—and attracts Tourists and Visitors graduate at music colleges. While some pass straight into the teaching side of the profession, which they hope and be- lieve will be the ladder to higher things, others for whom it is equally necessary to earn a livelihood find that they are quite incapable of managing pupila. The profession, suffering at present from severe foreign competition, is fading a difficulty in supporting the large numbers. of men and women in it. Consequently there is a feeling in many men's orches tras against the inclusion of women players, and there instances of women dismissed to make way for men. The Government's guarantee will be With an improvement in economic con- given eitheer as an endorsement of theditions, there is no doubt that the pros. bill or in the form of a letter of guaran-pects of women will soon become brighter. tea. The Department of Overseas Trade An interesting piece of work is being. undertakes to make good its guarantee undertaken by the Society of Women" inmediately its liability accrues, provided Musicians in helping ambitious members the bill is held at its disposal. Guaran to train as conductors. It is still ex- tees may be given in respect of specific ceedingly rare for a woman to hold bach transactions, they may be given up to a position, although a sign of changing a fixed amount for transactions with a conditions is seen at the music colleges, number of importers in a particular which since the war have started conduc. country or countries. The names of the tors' classes for, women. Three years importers need not necessarily be sub ago Dr. Adrian Boult suggested to the mitted, but in this case the Department society that it should form swall will have to be satisfied as to the "ex orchestra which could be used for prac porter's previous experience in the par- tice, and which, he recommended, should ticular country. Such guarantees are in- not be too good. This proviso was to tended for credits not exceeding six ensure that there would be something for months. Guarantees on specific transac- conductors to correct. The orchestra has tions may also be granted to approved been of great assistance to members, and banks, bankers, credit associations, or bas beep ased by singers as well as The magnificent vessels of the Javá-China-Japan Line sail companies providing credit insurance players.
direct to Batavia, or to Sourabaya via Macassar, and give the All applications must be submitted Women's orchestras are in consider- through a bank, thus indicating that the able demand for functions connected traveller the added charm of a sea voyage through Calm and proposed insurance is one which cannot with hospitals or charitable institutions. Tropic Seas under Ideal Conditions. De effected through ordinary channels. A lecture on Music and Health" given Proposals will be considered and the deci- by Dr.-Agnes Savill not long ago has had sions, in principle, of the Department will an interesting sequel. She was asked if be indicated before orders are received or her theories as to the beneficial effect of tenders submitted, if traders so desire. music on the nerves could not be carried Among the conditions imposed by the into practice. The Maudsley Nervo Bos- new regulations are the following :- pital was chosen for the experiment, and Goods-Applications will not be enter the frequent musical entertainments or- tained in respect of munitions of war organised there by members of the society of goods already shipped or of transac have proved very well worth while. tions on open account.. Applications will not normally be considered in respect of goods shipped on consignment, but ap plications in respect of definite sales from stocks which have been shipped on con- signment with the Department's approval Payment by Importer and Recoveries.→→ may be considered..
The exporter undertakes to take such Countries. Guarantees are not at pre-steps as the Department may require to sent given for shipments to Russia. enforce payment by the importer or to Guarantees may only be given for ship. realize any security. meats to India, Ceylon, Straits Settle. ments, Hongkong, or China of goods for which long credits are ordinarily required.
Limit of Time. The Department's ap proval of an application will cease to be operative after a definite period, which will be stated in each case. If guarantees are required after that time a new ap plication must be made. It is also under stood that the goods are to be shipped within a reasonable time after the receipt
of the order.
Premium.The Department will charge a premium for the grasting of its guaran tee. The premium will vary according to the character of the assistance given and according to the other circumstances of
the case.
exporter being entitled only to any` balance..
POSSIBLE DEVELOPMENTS. There are certain other conditions as to the production of documents and the some expense ansurance of goods, and may be incurred by the applicant whoso customer is an obscure peraon, in respect of inquiries, but the information given above covers all average cases. scheme is intended especially to help ex- porters of heavy machinery and other durable articles which buyers may wish to pay for over periods of even three or
four years.
The.
MP A M. Samuel, Parliamentary Secretary to the Department of Overseas Trade, explaining the scheme, pointed out that the Government's guarantees Security-In cases where the importer would be discounted by the banks at the offers any security, this security, if ac-same rate as Treasury bills. He added cepted by the Department, will be taken into account in fixing the premium and the conditions of the guarantee.".
Recourse. In cases where the Depart ment retains recourse to the exporter, this recourse will be for an agreed per. centage of the amount of the bill, and the exporter shall, in the event of de- acceptance by the banks of business which fault by the importer, pay on demand this percentage to the Department. The exporter shall also pay to the Department on demand the same percentage of all costs, charges, or expenses incurred or authorized by the Department Interest
"
that, in the long run, the scheme might lead to an increase of the country's in- visible exports," mince it might develop a form of insurance business of which for eigners would be glad to avail themselves. He believed also that the investigations by the advisory committee might lead to they had previously rejected
Such: a case had occurred recently. Finally, by way of assurance, Mr. Samuel said:
Merchants and manufacturers need have no fears of their affairs being dia
losed to competitors. Our desire is to at 1 per cent. above Bank rate shall run help them, and we will protect their against the exporter on all suma, due by interests.
the following will constitute the advisory committee, to consider all applications Colonel Sidney Peel (chairman), Mr. John Caulcutt (deputy chairman), Sir Edward Crowe, Mr. G. M. Gillett, M.P., Mr. F. Goldsmith, Major J. Hills, M.P., Sir William Larke, Mr. W. E. Preston, Mr. E. R. Pulbrook, Mr. Charles D. Seligmah, and Mr. G. C. Vyle.
him to the Department, Unless other. The announcement was also made that wise arranged in advance, all sums re. ceived by the Department or the exporter after default on the bill from the importer or from the realization of any security or from the resale of goods or from any ather source-shall be apportioned between the Department and the exporter on the basis of their respective risks on the hill In special cases, however, the Department may require that all such sums up to a percentage to be agreed in advance shall be for the credit of the Department, the (Continued on next column.);
Applications for forma or information should be made to the Export Credits, Guarantee Department, 31, King-street, E.0.2
"S.S." TJISONDARI" August 12th.-S.S. "TJIMANOEK" August 20th.
The Return Fare to Batavia from Hongkong is $800,
Full particulars of trips in Java and through the Dutch East Indies from
JAVA-CHINA-JAPAN LINE
YORK BUILDINGS, 1st Floor.
SHIPBUILDERS.
SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS,
OXY-ACETYLENE AND ELECTRIC WELDERS.
MECHANICAL AND
ELECTRICAL
ENGINEERS...
Tel. C, 1574.
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[L.P.B.]
THE TAIKOO DOCKYARD & ENGINEERING COMPANY
OF HONGKONG, LIMITED.
DRY DOCKS. Length 787 Feet. Length on Blocks 750 Fest.
Depth on Centre of
RII (H.W.0.S.T.) 34 ft. 6 in. -THREE SLIPWAYS.—...
Capable of Handling Ships Up
8,000 Tons Displacement Electric Crane at Sen Wall, Capable of Lifting 100 Tons at 70 Feet Eadias
BUTTERFIELD & SWIRE, Agents, HONGKONG, CHINA & JAPAN,
TIL. ADDEESS; "TAKKOODOGE, HONGKONG," TELEPHONE No. 212.
CALL FLAGS "G" OVER" And, Pazu.