Page
IMITATED
THE HONG KONG DAILY PRESS,
THREE CHINESE OPINIONS.
BY
CHINESE GENERAL'S FRANK
MANY.
PERFECTION
SCOTCH
eco EQUALLED BY
fection
Acow's
NONE.
SOLE AGENTS:
GANDE, PRICE & CO., LTD.,
WINE MERCHANTS, **
Tel Central No. 135.
ST. GEORGE's BOLLDING, ICE HOUSE STREET,
[183
HONG KONG
May We
Serve
DRY CLEANED
You
To keep your clothes looking new that is our job. The more you use Our Dry Cleaning Service the better your appearance will be and the more money you will save on your wardrobe.
The Steam Laundry Co.
HEAD OFFICE & WORKS: MONGKOK. T. K. 32. HONGKONG DEPOT: 16, Stanley Street, Tel. C 1279. KOWLOON HOTEL DEPOT
PEAK HOTEL DEPOT.
KOWLOON DEPOT: 19, Canton Road HONGKONG HOTEL: (Visitors only).
Write or Phone for complete Price List.
GREEN ISLAND CEMENT CO. LTD.
Best Portland Cement.
SHEWAN, TOMES & CO.
GENERAL MANAGERS,"
HONGKONG.
“HAZELINE' SNOW”
*(Trade Mark) "
The simple way to a clear and healthy- complexion is the "daily application of "Hazeline' Soow." It cleanses porcs clogged with dust and gives the skin a freshness of appearance which k exceptionally charming.
**Hazeline" Saow”, is not greasy and may be applied conveniently at any time.
in glass pots
"HAZELINE ROSE FROST”
ARTS
(Trade Mark)
The best mesas of bringing natural roses" to pale checks. Exceptionally pure and quite harmless.
In glass pots, at all
Ohemists and Stores
BURROUGHS WELLCOME & CO.
LONDON AND SHANONAJONE,
"All Rights Rumenk
OPINION,
LACK OF HEALTHY PUBLIC OPINION.
CHINESE FAR TOO SELFISH.
WEDNESDAY,
“NO-NEW IDEAS" IN
U.S. NOTE.
CHINESE PAPER'S
CRITICISMS. -
CHINA'S DISUNITY NOT MATERIAL-OBSTACLE.
FEBRUARY 9th, 1927.
CUTTING DOWN FINANCIAL SUICIDE.
SIR FRANÇIN, AGLEN'S,
DISMISSAL
EXPENSES.
DRASTIC ACTION OF CHINA MERCHANTS S.N. CO.
INEVITABLE UNDER PRESENT CONDITIONS
FOREIGN AND CHINESE STAFFS DISMISSED.
PROBABLE EFFECT ON CHINA'S FINANCE.
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS
Do
FEBRUARY 8TH, 1987.
Sinom,
B. L. Bark81,105 nom.
Do.,
London...its nom, Chartered Bank...... nom. Mercantile Bank A.&B... nom. O...tisi nom SHANGHAI COMMENT.
P. 40, Bank.
****ldy buy. Fast Asia Bank Sir Francis Aglen's dismissal China Underwriters.SI, vol, 0,80 sa.
Canton Insurance ..... 3655 bay, from the post of Inspector-General North China Ina....la. 145 nom. of the Chinese Maritime Customs, Union Insurance
233 bay. PEKINO, January 29th
after thirty-seven years' service and Yangtare Insurer. $10 nom. Regarding the American stato
after a record of incalculable effort Chias Fire Lasurance ...$200 buy ent of policy towards China in
in the safeguarding of what little Hong Kong Fire Lus.... $16 buy, an editorial of January 29th Chen Fno (Peking) says that the British Navigation Company, the largest sign credit, does not come 63 4
left of China's domestic and for. Daugina 330 bay Memorandum was somewhat indul Chinese-owned shipping
Blesbo complete surprise, because it has Houg ceen tried before Eadem hins. The longer suited to the needs of modern sent, while the American statement and one of the best-known shipping often, but it is certainly a distinct.
$1.10 Rom.
{Del.) shock to our faith in Chinesa good
Shell Transporta sense, writes the V-C. Daily News. Star Ferries.
In spite of Peking's utterly in Bug Waterboa worthless assurance that the service
General Chia Fun Peng, in an interview to a Chinese journalist on January Yath, declared that the rea- son of the present. décadence of China must be found in the lack of co-operation among her people, the pursuance of a policy on the part of former Governments which is no
Selfishness And Avarice,
only empty.
The China Merchants'
Steam
concern
is
Do.
9 nom.
$54) buy.
$14 bur.
$34 nom
$1,30
200000+7+
Tie
12+ Bot.
Tix. 8 nem 337 sel. 21/-bay. 8/-nom
340 xom
$113 buy, Tl. 185 rom
Tis. 5 nom.
Tls, 10: bay,
$7; buy.
$57) buy
...$2 Bo
389 nom
TL 81
sel,
times, and the sell-seeking of her officials and other classes of people.. After a cateful reading of the companies in the Far East, has Although her geographical position Americap statement over and over found it necessary to take drastic and her immensa natural resources | Again, we fail to find any new
measures to reduce expenses follow. At her for the leadership of the | ideas," notes the paper. world.
"It emphasizes past events to sing the enforced idleness of the of foreign and domestic loans will Malabon Sugars. great extent, although it dwells on Company's feet on secount of the slightest knowledge at the Kalem Mining Ad....
be safeguarded, everyone with the Beguts General Chip said that a desire to resume negotiations on tariff under conditions obtaining in China meant to the integrity of both the 8h Explorations
the point that America is prepared impossibility of operating the ships Francis Aglen's personality has Langkata (combined). to get rich quick seemed to posses autonomy and extraterritorializy
Do. (single) all classes of Chinese, and that if with ether Powers and Chins or at the present time.
Customs service and the domestic Shanghai Loans.... loan service, will know that this is Rauba.......... this state of affairs were allowed independently. to continue, the extinction of Chias By this America would appear dect has been laid up in Shangnal suicide.
The greater part of the company's a step tantamount to financial Trotch Mines would be inevitable. He likened to mean that the scope of further for more than two months, follow.
Ural Carpiana self-seeking persons to fleas which discussion may exceed that of the g the decision of the directors to dismiss Sir Francis Aglen, the K&W. Docks.....
If Wellington Koo has the right HK & K Wharfe suck the blood of a horse regard Washington resolutions, and that that in view of the constant seizures paper continues, he has an equal Bongkawi.. less of the fact that the horse is America will not necessarily act in of the ships by the various military right to make autonomous appoint- New Engineering. dying.
concert with other powers in meet- factions, and of the utter impos ments and the Customs pasees, for Bbanghai Docks ing the demands of China.#
It also hints at revision of the an economic basis, all services of Chinese control; thereby raasing at
sabuty of operating the ships on all intents and purposes, under H... Hotels Sino-American treaty. The state the Company should be suspended once to be adequate security for any-Hong Kong Realty....5 bay.
EK Lands soont indicates that what America till conditions of trade permitted thing. The Boxer Indemnity service wants is most favoured treatment; the ships being operated without then goes the way of all Chinese ser- pilding.... open door facilities commercially, the ever-present danger of seizure.vices. The huge bulk of Chinese
Humphreys Hatater. $13.60 buy. and the safeguarding of American The Company continued to pay the securities held in foreign countries, lives and property. In case China full salaries of the oficers, and the including the whole Reorganization an adequately protect foreign in wages of the crews, of the ships Loan issue, will fall in value to a extraterritoriality.
bar de a result of the heavy drain quotations, with
(new)....... 47 now. no buyers but ou the financial resources of the gamblers. The domestic bonds of China
Tim. fi bay. the Consolidated Service will rank with this, tince China wants to be been decided that as from february does now, because the latter issue Singapore Tractions... 18-sel.
Of course we are in sympathy Company entailed by this, it has
bay. lower than the 26-million issue an independent nation. If America 1st the services of all junior officers.
(new).........$7) buy... Shun Tien Shih Pao, will be made turn, China will fulfill her obliga-master and the chief engineer of will be no revenue for the security Canton Icon $5 com.
General Chin, according to the will accord such aid to China; in shall cease, and that only the has been inßated by a vague pro-Tai
mise of Customs security. Fremier of a formal Government in tions toward America. In a word, each ship shall be retained in the of the prospective Consolidation of Cements (combined).
There Amusementa
İ. Peking if Marshal Wu Pei Fu should prior to the revision of treaties, Company's emplos, and on half pay: the unsecured debt-something like be eliminated in Honan.-Ano Wen.chligations should be borne by for- All branches of the Chinese stal 800,000,000and
eign Powers, and after the revision have been dealt with en a prac
the unsecured of treaties China will bear the obtically similar basis, the result being ligations of fulfilling treaty pro that there will be a total of only mises. We are convinced that we about four Chinese, left on each dan fulfill such duties.
vessel, to carry out such work as I absolutely essential to maintain the suips a reasonable state of efficiency with a view to their aus sequent re-employment,
Discussing the necessity of a fundamental house-cleaning, the General declared that if China is to become stronger, her people must cease to think in terms of seif hut cultivate a healthy public spirit and that is the employment of officials talent and character should become the sole test He further said that
upon Chinese intellectuals, just as the reformation of the Meiji era was the work of a band of patriotic
Rural Lands
the salvation of the country depends terests America will relinquish, its which were not in military hands, minute fraction of their present&ctions(old)...Tla. så nom.
educated returned students
and from Europe.
THE LEADER OF YEN
CHIL HUI.
TRIBUTE TO BRITISH WISDOM.
BUT HATRED HAS BEEN ACCUMULATING.
Mr. Liang Chi Chao, the leader of the Yen Chiu Hni, has written a long article which appears in the
30th, headed. 'Advice British."
to
the
The proposals made by
Mr. O'Malley show that the British are Donscious that their traditional policy towards the Chinese ia" not saitable to the present situation. For this, he says, he cannot but admire their wisdom.
Ohina Wants Independence.
Treaties Might Be Wastepaper.
We must not fail to understand that America will act directly and promptly enter into the revision of the Sino-American Treaty just bo cause she states that she will ac cept revision. The fear is enter- talted by America that without a strong Central Government revised treaties might be tantamount to
.1
bonds will drop to nothing
A.K. 17amway! Peak Trams (old)
Do
$174. bay.
Do. (old)
......$8 BOL (NEW)... nom. China Laghts (comb.)......3141 buy.
Do (old)......$11 nom. Chins Providents.
Do. (LOW)......57% bay,
Dairy Farms...........318) nom. $10 bay. Der & Wings op Hong Kong Electrics......$19 bay. Macao Electrics .335 nom.
K. Roper (old)
$10 Bel
189 nom.
finance might easily be startling The repercussion on domestic Many of the biggest Chinese banks hold Sir Francis Aglen a domestic Constructions bonds for the security of their note issues. Their first move when the Customs began to rock on its foun- dations would be to draw in silver advances to vertain foreign banks, and strange things would happen Late Crawfords to the local silver market. These
(new)
Case Of Force Majeure... The Company appears to have boss by seononic reason for are things have not happened yet and, incre
Mackintosha... very if the Diplomatic Body does its United Asbestos.......320 nam of its fleet of 31 ships has duty by China and her creditors, Watsons (ald)
on Ly reasons.
оде
lion of the Ron administratiuder
Commenting two months ago on the suspension of the Company's services, a shipping weekly said:-
Chen Pao (Peking) on January te paper. This is not justified, either been laid up or "in charge they may not happen at all-but. It is the unanimous desire of the of the initary factions for more this will not be thanks to the good He says that the last few months country to get rid of unequal that two months, and so far back judgment or thoughtful have been a very eventful period treat or there will be no opposis the end of November it was in regard to relations between Chins tion or datisfaction, neither decided to suspend all services that and Great Britain,
from the South nor the North, nor were then operation, owing to from the new nor the old elements, the fact that if the ships were kept since they are in agreement in fight running they would inevitably fall ing for Chinese interests.
ce the hands of the military. For about six months the China Mer- chants has been incurring great losses, especially as regards the Yangtzé, tende, all its river vessels quat were on the Yangtaze having been commandeered by San Chuan zang when the Cantonese threat to Hankow first became dangerous; have been seized by both the Can- while on the southern run ships tonese and the Seamen's Union.
He also expresses admiration for British patience and coolness since the Hankow and Kiukiang affairs:
He then asks what is the reason for the despatch of ships and troops to China and expresses doubt as to the result of this action.!! Hatred Accumulating Since Optum War.
What the Powers should worry about is whether they will meet the aspirations of China. It is not their duty to note if China is united or divided internally, or if there be a government, capable re presenting the whole of China.
New Treaties Will Be Respected.
"New treaties, thus revised or concluded, will be respected by any government hereafter established. It is the people that respect treaty obligation, not the Government. If He urges British statemen and the treaties satisfy the people, no people to understand that the Haafar should be entertained regard row and Kinking incidents were ing their fate. not unexpected accidents but show desire to settle accounts arising from the hatred, which he declares, has been accumulating since the "Opium War," He denies the similarity between these events and those of the Boxer period. He says that foreigners' lives and property have been protected and they are only fighting for national rights and not from individual hatred
North And South Would Unite Against Foreigner.
He states that though there is civil strife, North and South would be one in face of a foreign foe.
He hopes that the British will announce the reasons for sending (Continued on next Column).
INFLUENZA PLAGUE IN EUROPE.
FRANCE, HOLLAND, AND SPAIN-AFFECTED.
Influenza is spreading fast over most of France. So far the placer most affected are on the Swiss and Spanish frontiers. At Montpellier there were 103 deaths within three days.
In Eastern France the outbreak is also virulent
It is thought that many cases of infection
are due to immigrant workers. Special precautions are now being taken on the frontier by the French sanitary nuthorities
In Switzerland the frontier town of Basle alone in credited with 4,000 cases, while in the region of Barce loas, in Spain, it is said that 100,000 peradas have influenza.
Influenza is also increasing in all parts of Holland. The number of cases reported at the Hague in one day was 145,_ compared with 36 on New Year's Eve
Many Nationales Involved. So far as Shanghai is concerned, it is understood that the foreign and Chinese staffs (with the excep tion of the skeleton crews previous There are two treaties existing ly mentioned of about sixteen between China and America as far vessels have been dispensed with as lations are concerned. As Amerian foreigners affected being between 80 as Sino-American commercial re from February 1st, the number of has indicated the desire to revise and 70, and the Chinese about 700. revised. Diplomatic affairs cannot shore staff of Chinese, whose em- treaties, they should be promptly In addition to these, there is the be effected by empty words. We ployment automatically ceasce with are anxious to see if America is our the non-operation of the ships. true friend. Chinese authorities should take steps immediately to Incir number is uncertain, but it is believed to run into several hun- conduct the tresty-revision, since dreds. America bas proposed the revision. of treaties."--Chung Mei,
troops so that the Chinese may de cide on their attitude, for a chal leage to one part or party in China would not be different from a chal- lenge to the whole country.
EXCHANGE RATES,
--.[UNITION-WIRELEË SERVICE]
Huay, February 7th.
123.40 34.88
Paris Brussels Amsterdam.
Berlin Copenhagen.....
Vienna Helsingfors Lizbon
New York Genera
Milan
Stockholm Oslo
12.131 20.40
18.19 34.421
1921
"
The foreign officers whose services have been dispensed with are prac Hussian, with British largely pre- tically all British, Scandinavian and dominating. Many of those thus thrown out of employment at short notice, with little prospect of any. thing turning up in the immediate future,
сте married men with families either in Shanghai or Earope; and with the prevailing depression in the shipping industry, which is accentuated in China by the chaotic local conditions, their putlook is a serious one.
A Tragic Situation;-
The situation is hard for the Com pany, with the whole of its fine Bect compulsorily laid up, and with the whole of its splendid busi 2.17/32 ness organisation inoperative; and equally hard for the foreign officers. 484.15/16 who, with their families, seem bound 26.22 to suffer through no fault of their own, and for the large number of Chinese employees, ashore and afoat, who have had their means of livelihood taken away from them. Unfortunately, there appears little immediate prospect of tha! -Com- pany resuming operations on any- thing like a large scale, and unti that happy event again comes to pase, the Company's employees, foreign and Chinese, who have been thrown out of employment, will, it is to be feared, have to contend. |with a most difficult situation which
112
18.17
Prague Madrid Athens
18.79 1034 58.74
3741
1/6
Tokohama Bhanghai Hong Kot Silver (spot). Silver (forward)
2/0.9/64 9/8
2/01
27.7/18 27
The municipality which com prizes the port of Ymuiden has re: Influenza has spread to the south-will not be lessened in gravity by quested all meetings as far as posern part of the Free State of the prevailing economic conditions. able to be postponed....
on the China Coast. Baden, which borders Lake. Con- (Continued at foot of next column)," atance.
(Continued on meżt. Columin),
f
Telephones.. Wm. Fowalls
$19 nom,
$14 aul.
$12) bus:
$64 nums.
bay, sa
bay-buyers; l-sellers; na-salve
For the China Merchants' Navigation Company to cease, to function altogether would be little Iess than a national calamity for China, a calamity which the Com /On. pany's pamerous foreign shipping friends, who have admired the manner in which the Company' haa, carried on for so long in the face of great difficulties, would regret as keenly as the Chinese them- "selves. China, and China Coasti
shipping cannot afford that the Ox China Merchants' shall be crush. ed-out of existence in a manner
momenɔminal,
EXCHANGE.
OPENING QUOTATIONS..
Larbox,——
February 8th, 1927..
Telegraphie Transfer
10%
Bank Bills, on demand 2/0 13/16 Bank Hills, at 90 days' night Back Bills, at 4 months”
sight
Credits
244
at4 months' sight 2/1 13/16 Documentary Bills,
PA
months agtst
2/1 15/16
Bank Bills, on demand 1,270 Credits, 4 months sight. 370
Yoza Bank B
for which there is ao precedent [. Bills, on domand
in the history of shipping any." where; and if the militarists and the agitators and the Sovietists, Ox either separately or conjunctly, accomplish this, they will have
+41
601 Credits, at 60 days' right..." (504 BOMRAY
Telegraphin Tranter Bank
struck as deadly a blow' at the | ON CALOuit demand. 138
In extending to the China Mer commerce of their country as its worst enemy could wish for. "
chants' Steam Navigation Com“. pany our sincere sympathy in the
Ox
Telegraphic Tranetar
од
Bank Bills, on demand... }
138 SHANGHAL
Bank Bille, at night in? Ox YOKOHAMA-On demand... 102
Private, 30
30 days right... ON-MANILA-On den
demand
grievous troubles that are beset- ting it, and in expressing the hope. O SENGAPORED demand... that the Company will yet over-Os BatavIA. O domand
100%
125
...
HOTA.
come its difficulties and retain Or Hartore 1.---On demand дода its proud, honourable and unique Ur SAIGON-On demand position, we believe we are ex-ON BANGKOK. On demand .. 901 pressing the feelings of all non- | Boraxxion, Bank's Buying rats 99.45 Bolshevist foreigners in China, | Gola Imar, 100 fine, per Exell, whether they be shipping men or Bin Sivax, per oz.
17·7/16 not."
ASAHI BEER
SPECIALLY BREWED FOR EXPORT.
DAI NIPPON BREWERY CO.
LIMITED,
TOKYO, JAPAN.
SOLE AGENTE:
**
MITSUI BUSSAN KAISHA.LTD, RỘNG KONG