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THE HONG KONG DAILY PRESS, SATURDAY,
THE TWO LEADING BRANDS
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FIRST STILL
1627
300 Years
STILL FIRST
1927
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"A BID FOR A THRONE.
CAUSE OF CHINA'S TROUBLES "JUST THE WHITE MAN."
THE POWERS' INACTION.
This turmoil this tremendous! lass of buiness in China, which, according to present indications in the Chinese Customs returns, will amount to 100 millions sterling in 1997. is not proceeding without endless discussion, writes Mr. Put nam Weale in the Evening Standard. Daily, almost hourly, men gather and exchange views. Business men; writers, masters of merchant oraft, soldiers, adraitals Ithere aro eleven admirals of Chinese Various nationalities in waters), are all united regarding what is wanted.
It is expressed in one word-ac Hon-word which is apparently anathum to every Government in Christendom. Why 1 No one knows. The British blame the Americans; the Americans refer irately to their home politics; the French say the British have acted two years too late; and the fap ancar say nothing at all.
I am one of those who believe that our national characteristics sooner or later assert themselves, and enforce a" reckoning. And if my faith bu ray fellow countrymen is justified, and action does come... the results, will be so swift and amazing, and the relief so univer- sal, that everyone will want to know what wo were afaid of for so long.
But is there no alternative policy is it not possible," some may ask, by waiting patiently to find some less positive method than fighting out a river expedition and fang the possibility of river warfare.
is
Greedy Soldiery..
And just now, while his amazing fair keeps him on the alert against Moscow and the Communists, and makes him husband his resources and not throw in his army against Hankow, his mind is obsessed by one thought, which pursues him night and day, which tempts him so that at times, it is unbearable, which seems so easily realisable and yet is so far off, something he has always hankard after.
Chang's Ambition. Brief he wishes to make him- self President of China, dictator -perhaps even Emperor. At a moment when of the world is busi ly disenking whether China will really go Communist. he is work ing at something quite different. and trying by clever cross-play to tire cut all his rivala so as to give himself a clear field. Hoping that Cantonese Nationalism will des troy itself by a process of internal combustion, his emissaries are in every tap, feeling their way, pre- paring for his sensational coup.
And as he site in his Poking and on the dank of the great Imperial Palmes yellow-roofed and the vast vermilien Forbidden City. this thought, of a wide nalership, onising in its endless repeticion, is being persis tently encouraged by the cleverüst politician in all China, a Canton- ese of sixty, called Liang Shih Yi, who was the great Yuan Shih Kai' Chief Secretary in the early days of the Republic, and who encourag ed him to make the mad attempt to seize the throne and declare bimself Emperor,
nation.
OCTOBER 15th, 1927.
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
F.K. Book
Octara 14th 1927 ........$1,130 buv., 1,183. {sol 1,121/98 wa Do.. London...£12 vom. Chartered Bank
Mercantile Bank, A. &... nom.
Do.,
C... e13f nom.
P. & O. Hank...... ...ely nou. Et A Bank.......... Cauten laumance...$570 Deus. China Underwriters... buty.
· Tla. 1+3. com. North China Los
sast bore Union Issurance
Fire Lasurance....$215 buy.
....M. 315 buy. Hong Kong Fire Las......$599 nom
Sus buy. Steamboat Douglasm
pel ***1.95 BUL H.. Tugs. Indo-China (Prof.) 30 nom
Da
$49 bay. Shall Transports....
90/- noma, Star Ferrias
334 LOM.
Winterbonia,... China Sugar Malabon Bagare Hangats
་་་་་་ Kalka Mining Aŭt. Lanka (combined)....Th.
(ingle).TH
S'ha Explorations Shanghai Loans Banb Tronul Mince
$17 no ....$19 el.
......$30 mal.
$1.65 Hua 10 Bel
279 zom. 115.8 com. 18. nou Tix, 5) nom. $9.70 bay.
Cral Canpinna H... Whacir HK. & W. Dock....... Bongko
New Engineering..... Shanghai Dooks
19/3 nom. 8/ под. ...3116 bay."
nom.
•143 bay. Tis. TL. 4 bay. 9% buy.
dom.
H..S.. Hetain H K. Landa
3509 Lands...T: ShangDai
Tx. 117 bay, 110 wel. Hong Kong Healtys.....36 vom H..
31+ Bel. Termorials
મારો કશોર Humphreys E-tater. Prince's Builhags.........$110 buy, Baral Lands
1. 11. 7.50 ml. Ewo Uutions ... Uniontals
Tis.-1.60 buy, 114.47 Shanghai Cottonx (ulu)...Tis.
Da. (d) Tia. 20 buy.
Tis. 31 nois. $20.10 buy.
$14 xel. 37 sel.
China Buses
ELK. Tramways Peak Trams (old)
Dr.
год
I/ nom. .31 dum. ..319 om. ..com.
„$0.20 pôm, ..31 del
312 num
$6+ nom.
'moa 48
3li nom.
$15.10 non 38 nom. .90 nom.
utu.
DON'T FORGET
NAVY
LEAGUE
CONCERT
AT
QUEEN'S THEATRE
FRIDAY, 21st OCTOBER
AT
9.30 p.m.
BOOKING AT Tax QUEENS os 19TH INST.
Seats $3.00 Each.
THE MERSEY TUNNEL.
PROGRESS OF THE PROJECT.
The wonders of the new Mersey traffic tunnel and the progress that has been made in its construction word reveiled in a visit to the workings made by the Liverpool "Nautical correspondent of the Magazine,
The tunnel is estimated to cost £3,000,000 and is expected to take five years to finish. It was nu- therised by the Mersey Tunnel "Act, 1025, with the object of connecting Liverpool with Birkenhead by a better system of transport. When completed the new tunnel will be 2 miles long and will constitute the inrgest sub-aqueous tunae in
RESE
ALPS
MILK
BAND
MILK
(6429
the world. The total excavations The Food of Life
Jo. (new).. Sto pore
Tractions. Taris........ Amurements I am of the opinion that there
So like a play within the play. Canton les no such alternative; for al-
this curious pastion is gradually Cementa (combined)......37 met. though certain people
stoutly
more definite shape.
Du
(old; maintain that the Northern Armies assuming
Do. {DOW) belonging to Chang Tso Lin, if Not much will be heard of it until
the summer is over, But if the Chios Lights (comb.)..
will amount to more than 1,000,000 they are given time, wil badly
Hankow Communists collapse and Da. (old)
tons of rock, and 137,000 tons of whip the Southerners, and penet
Do. (new)
cast iron plates will be used in the rate to Hankow and Nanking and fee, if Nanking is caught again in
Chins Providents....... free the Yangze of the Com-the vortex and falls into the hands
water-tight Haing. There are now Constructions ou.......
301ue 350 men at work night" and munist-Cantonese menace, I am of one of his adherents, a complete
plan will no doubt be prodused by Dairy Farms.--+st
day below the streets of Liverpool, totally unable to concur in this.
Dur & Wings Chang Teo Lin's chief trouble is Liang Shih Yi, with sheares of
H.K. Eletrice $52) bay. s. 321 sel and Birkenhead and usd the
Moisey. his lack of policy and lack of telegrama from all the leaders and
with all the provinces urgently de- Marae Electrica
(old)
$10 non morey; no matter how much money
$5 nom. he were given it would all disan mauding that the Manchurian war. B.K. Kejev
(now) back The lord brings
peace and
85 wel. pene as water disappears in
legality
$2:2 sel. by assuming the Pre-Lane Crawfords.. sand, swallowed up by the my- riads of soldiers who Eke the sideney and treating with an iron Mackintoshs..... daughters of the horse-leech, end-hand all who continue to stir the lessly ery Give, Give. For five embers of revolt. years the fanchurian war lord has been building up an enormers ar senal and financing his participa tion in this endless civil war by an emission of Manchurian paper dellars called hay-piao, or Man charian notes; beyond that, and the crushing of his enemies he has
The Vicious Circle. no policy No foreigner knows how many hundred millions of his For if this occurs, as seems pos. paper dollars are on the market, sible, we shall have just swept Lid we all know that, in spite of round a vast vicious circle in the most drastic steps to prevent their
course of several years," and be continual fall, they are today at
back to precisely, the same spot as 90 per cent, discount, creating such
we were about the year 1099. hostility and unrest among the Nothing at all will have been prov Manchurian population that it is ed except that the Chinese are in-- openly said that he can never recorrigible; that it is useless chang- turn to Mukden, and mud fighting anything at all in our old be- h last fight from Peking.
Hels; and thas the only safe thing.
What will on policy be then: bow will the British Memorandum and the Seven Points and all the rest of the jarga which has been used to placate a nation that does not know what it wants accord with such an unexpected denoue- ment?
United Asbestos Sincares... Wataona (old) W Powells... Telephone
812 1. ..$11; 10m. ..35 Bali!
$3.70 sel 'que. Indus. G.8 Bonds...51% buy, bay-bayor; sel-seliora ;' sa-sales
com.-nothina).
EXCHANGE.
CLOSING QUOTATIONS.
month
Entrance was gained into the workings at the Liverpool aide by means of the deep shaft sunk 200 feet below the bed of the old St. George's Dock, Clad in oilskins and rubber viders ene descended the shaft by one of the hoists used for bringing up the loads of broken rock, and stopped 100 feet as the first roadway. At this juncture tunnels branched away in three directions, one of them directly under the river. A double sit of light railway lines runs the entire length of the place to where a gang of men are alwork on the lice with Cetric drills.
This tunnel has been advanced 95 feet from the shaft through solid rack and some 250 feet from the quay wall under the river. October 14th, 1997,
The width of the river between the OF LONDON.-
sen walls where the tunnel ercases Telegraphie Trauster 1/113 Bank Bills, er demand 1/11 11/18is 3,750 feet, and the average depth of the ground overlying the Bauk Billa, et 30 days" sight
roaf of the tunnel below the river Fank Bills, at
bed is about 30 feet. The headings sight Credits, aut months' sight 20 now being made will permic the nature of the ground" to be tested Documentary Bill,
so that all difficulties may be known wad provided for before the. constrifesion of the full tunnel of The dianetor is started. 44.it. tunnel will be Ened with cast iron plates bolted together so us to be perfectly watertight. This ning will be protected from corrosion by an outside and inside lining of grout and concrete.
"That is not a very good augury is to be like the Japanese-highly for national success; that makes secretive and silent and endlessly. his stock look as much of a gamble patient. But this alternative, pos-
montas sight... Ching Toble as it is, will not really.ad-Or Paxis. as a tin-mine share. Lin has
Bank Billa, sa dezand an admirably equipped
Crediza, months sight army; an uncanny nose for smell Vaze the solution of the foreign ing danger; a proper appreciation problem, which, like the Chinese
people, is an incorrigible thing, Or New YOBA that the way to govern his ccan growing in complexity from day Bank Bille, on demand
Credits, at 60 days' aight... trymen is to treat them with the "to day, entirely too difficult to be utmost severity. But beyond that properly explained on paper, and O BOMBAY he has not very much in his re destined infallibly, énevitally-s0 Telegraphic Transfor pertory.
Book Bill, China for the Chinese is no doubt to grow in bulk and importance
that a generation from now the Ox OMCETTA- an admirable and fully justified Chinese will have much less impor-
Telegraphic Transfer Bank Bila, on demand... cry: but the point every Chines
ON SHANGH seems to miss is that it is not the ance in their own country than treaties or the privilege which they have to-day.. they confer, which make the for- eigner what he is in China, but Western civilisation.
.
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Chamberlain's prezent efforts at Of all the leaders of to-day, surrender, there will be hundreds strangely enough, it is Chang Tso of thousands of Europeans and Lin who appreciates these facts the Americans in China in place of best, because he had always been the present tens of thousands, con- a man of action and knows what trolling everything that the Jap anese do not control, and proving nction can do. Not very literate (he only tearst to read a few years in a myriad ways that a bamboo ago), act very travelled, even in civilisation cannot prevail in an his own country, he is yet able to age of steel. visualise that, compared with for- eigners, the Chinese are nothing. Having fought his way up in
Twenty Years Too Boon. The Chinese appear to have made less than twenty-five years from the same mistake the Germans being bandit leader in a Man made in 1914-they have struck too churian village a hundred miles son, when twenty years more beyond the Great Wall China, trading and development might. called Kao Shan Tzu ("high little have insured the against defeat. mountain") to being ruler over The most they can really hope for or seves province, with an in the course of time is a Dawes admirable horseman, he can, in Scheme, which will prevent their spite of the profligats habits he country from being taken from has learnt, show fastes of the them piecemeal; for, even if we dre spood and decision which so often all ruined by our present inaction, extricated his hand in the days the hour will surely sound when when they were on the verge of the white man's anger will" burst forth and the balance be adjusted. being surrounded.
six
EXCHANGE RATES. (BRITISH WIRELESS SERVICE.]
Buday, October 13th.
...... 124
Pars Geneva Berlin Osto Prague Bucharest Buenos Now, York Amsterdam Stockholm Toena Madrid
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