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THE HONG KONG DAILY PRESS. WEDNESDAY, APRIL 25th,
HONG KONG CHAMBER OF COMMERCE ANNUAL MEETING.
BUSINESS BETTER AND PROSPECTS" GOOD.
H.E. THE GOVERNOR ON THE NEED,
TO LEARN CHINESE.
The annual general meeting of the Hong Kong General Chamber of Commerce took place yesterday in the City Hall, the Vice- Chairman, Mr. T. G, Wall, being in the chair, and a special ad- drcas being delivered by E.E. the Governor (Sir Cecil Clementi. K.C.M.G.).
A very much more optimistic tone prevailed than at the last two meetings and both the Chairman, and H.E. the Governor were of opinion that an era of prosperity lay ahead and that the Colony had once more weathered a severe crisis and proved the essential stability of its commercial position.
His Excellency emphasised the need for Englishmen resident in this Colony to learn the Chinese language and also spoke of the necessity of breaking down the social barriers between the English and Chinese Community by means of social and sports clubs and organisation. The Governor made a special appeal to members "of the Chamber ta further their aim.
THOSE PRESENT,
(Sir
Cecil
THE CHAIRMAN'S SPEECH.
A YEAR OF ALL ROUND IMPROVEMENT.
1928.
In Hong Kong we are naturally concerned chilly with the situation in South China, but it is desirable," in an annual review, to note the progress of peaceful settlement and the general advancement of Chinà as a whole. A year ago it seemed that the forers of disruption might hring a great country to utter ruin, but we now have reason to believe that affairs have taken A definite turn for the better. Improved re- lationships have made it possible for trade to be re-opened in Han- kow and a large portion of the Defence Force to be withdrawn from Shanghai. Much more, how- ever, remains to be done before we can safely look forward to a period of peaceful and prosperous trading." It is not my intention to dwell at length on this matter which will be the subject of an address by His Excellency.
British Policy.
The British policy, as outlined in the statement included in tho last Annual Report, remains un- changed, and I venture to express the opinion that the friendly and Sympathetic Attitude f Great Britain, which appeared at one. time to be looked upon as a sign of weakness, is now being fully appreciated both by the Chinese Authorities, Merchants and people generally.
Partial Suppression Of Piracy, " Co-operation during recent months between the Authorities in Canton and the Hong Kong Government has resulted in the partial suppres sion of Piracy in the watera ad jacent to the Colony, although the affair of last week reminds us that The Chairman said: Your Ex further stern examples will be elleney and Gentlemen,-On behalf necessary before piracy Anally dis of the Commmittee of the Hong appears from this region. As Kong General Chamber of Com-coult of recommendations made by
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congratulating the Harbour Office by reason of the fact that when the Annual Report Report from Gov-after the retirement of our late on its promptues in issing its boycott developed, a few months
tament Departments lose much of not available until a considerable their value and interest if they are
(A W, H., Bell), Messrs. J. Emerce, I have much pleasure in the Sunning Piracy Commission, this, one of the world's great
future.
of
Chamber
fully the work of the Chamber and Except for certain confidentia! matters, the annual report reflects should form a useful permanent re cord for all members and their business connections abroad. It en- tails a tremendous amount of work and is somewhat costly, to produce. If members will buy and distribute, extra copies they will help us to reduce the outlay and at the same time be doing useful propaganda on behalf of Hong Kong.
I now beg to propose that the réport and accounts as presented some one will second the motion. be adopted and shall be glad if
THE SECONDËR'S SPEECH.
.
adoption of the "report and
Mr. D. J. Lewis acconded the counts. Ho said-
де
I would also like to express our
& Co. (Mr. J. M. da Rocha), Messrs. I cannot pass without reference
Secretary, Mr. Blair, the appoint- Alex: Ross & Co., Ltd. (Mr. A. W. the revert official visit to Hong
postponed. I would recommend the ment of an assistant secretary was.. Mr. T. G. Weall (Vice-Chairman) Ltd. (Mr. W. L. Patterden), Mesatamps of the First Squadron of time after the period covered.
Hayward), the Royal Insuranee' Co., presided, and on his right were Hudolf, Wold & Kew, Ltd. (Mr. change of courtesies after a lapse 1995-96, de was difficult to maintain proceeding to this
Imperial Japanese Navy. The ex-
incoming Committee to take into H.E. the Governor
Although in the dark days of consideration the Clementi, K.C.M.G.) and the Kow- Sassoon & Co., Ltd. (Mr. E, Ezra), cement the long standing friend Kong, shipping statistics, returns could develop new fields of useful C. H. W. Kew) Messrs. David of nearly 15 years has helped to confidence in the future of Hong loon Commissioner of Customs (Lt. Messrs. Shewan, Tomes & Co. (Mr. ship between the
the Rear Col. F. Hayley Bell, D.S.O.), The
Japanese and following members the Committee A. L. Shicida), the Shiu On Steam- British nations, which it is of of Public Utility Companies, and work on behalf of local commerce supported the Chairman: The Honships Co., Ltd. (Mr. T. N. Chau), mutual importance to maintain in the expanding Government. reif our secretary's much appreciated
Mesara, H. Skott & Co. (Mr. G. E. connection with our Mr. A. C. Hynes, the Hon. Mr. J.
trade with rues, all point to an era of renew-efforts were scended by those of Owen Hughes (the Chamber's re- M. Steger), The Texas Co., the terests in relation to China are so
Wetton), Messrs. Steger & Co. (Mr. China Hong Kong's trading in lerward with hopefulness to the
ed prosperity, and we can look competent assistant. presentative 01 the Legislative Council), Messrs, W, H. Bell, N. S.Union Insurance Society of Canton, similar to those of Japar, that the recommend a careful study of the future. I cannot do better than Brown, Paul Lauder, C. Gordon Trading Co., Ltd., Messa. Varier most opportune and welcome.
Ltd. Mr. Paul Lauder), the Union promotion of friendly intercourse review given by His Excellency Mackie, T. E. Pearce, Feet Bros, Ltd (Mr. F. A. Xavier). (Applause.)
in Council when introducing the and the co-opted members Captain
Colonial Budget for 1928. This R. H. Campbell, M.C., R.M., and
Survey, covering thirty years helps It.-Comdr. L. J. Pitcairn-Jones,
su to take the long view," for DAS.C. R.N., with the Secretary
shows that Hong Kong has more (Mr. M. F. Key).
than once safely weathered a time The following individual members
of atres The review has been and firms were present:-The Hon.
reprinted in full in the report as Sir H. E. Pollock, K.C., the Hon.
we considered members would sp- Dr. R. H. Kotewall, C.M.G., M.
preciate having this valuable docu meat made readily accessible. Frank Austin and Mr. M. P. Talati Messrs. A. V. Apear & Co., Ltd
since September 19 has been felt The absence of Trade Statistics (Mr. D. H. Cooper), The Asiatic
by merchants and others to be a Petroleum Co. (South Chins), Ltd.
handicap and a retrograde step i Buckhouse, Ltd (Mr. Jancs H. thanking you, Sir, for honouring the Piracy Prevention Ordinance of Backhouse), Messrs. Banker & Co, afternoon. It shows us in a cop measures being left more largely to department was made at a time us with your presence here this 1914 has been repealed, anti-piracy ports. The decision to close the Ltd. (Mr. F. C. Mow Fung), the crete manner the interest taken by the discretion of those concerned tien economies had to be effected Rank Line, Ltd. (Mr. G. the Hong Kong Government in comith shipping. It is gratifying to Goggin), the Banque de l'Indo-mercial affairs and the Chamber record that the good work of the was expressed that the cost of com- even at a sacrifice, and the opinion Chine (Mr. C. Lem), Banque will be gratifed if it becomes a Officers who recaptured the Sunang piling these statistics was excessive. and Gentlemen,--I do not know how Your Exceleney," Mr. Chairman Franco-Chinoise pour le Commerce practice for you and your sue has been fully recognised, and et l'Industrie (Mr. O.. Gauthier),
During the coming year the new mary members have had, as yet. cessors to address this Annual Meet- that they received decorations with Messrs, Bradley & Co., Ltd. (Mr. ing. (Applause.)
Committee may once more decide time and opportunity to read and which they were recently invested to re-open the subject with the digest the very voluminous report K. S. Morrison), the British-Ameri- can Tobacco Co, (China), Ltd. (Mr. Tribute To Mr. Bornard.
by Your Excellency. (Applause.) Government, and if this is done we F. A. Perry and Mr. A. P. Bungey),
that has been placed beford us. shall no doubt receive a sympathe-Although I cannot pretend to have Chamber's Language School.. We are also glad to have with us
the hearing. Messrs. Butterfield & Swire (Mr. to-day Lt. Colonel Hayley Bell, the The Chamber's Language School
digested its contents, I have perused N. S. Brown), the Canadian Pacific Kowloon Commissioner of Customa, met with more success last year Bulletin
Owing to the fact that the Daily it to a sufficient extent to realise Steamships, Ltd. (Mr. L. E. N. whose office brings him into close than in recent years and for almost several members have asked whe- time which our Committee, in spite has ceased publication the enormous amount of work and Ryan), the Canton Insurance Offee, touch with commercial affairs.
the first time since its inception ther commercial telegrams could not of the exigencies of their own? Ltd. (Mr. F. C. Hall), the Central Gentlemen, it is my privilege to evoted expenses. The benefits of abs obtained and circulated by the affair, have been able to devote to Agency, Ltd. (Mr. Chas. Wallace), préside at this meeting to-day in knowledge of the Chinese language Chamber. This matter is now be the multifarious interests of every the Chartered Bank of India, place of your Chairman, Mr. D. G.
have so frequently been stressed by ing investigated and it is hoped to section of the commercial cornmunity Australia and China (Mr. A. H. Bernard, who has recently re- no need to enlarge thereon: Suffice days with a definite proposition.
my predecessors that there ene e arcularise all members in a few of this Colony, and I am sure you Ferguson), Messrs. Chau Yue Tens tired from the Far East to take up to say that the modern tendeacy The west will not be great if will all agree with ree that we owe (Mr. Chau Yue Teng), the China important duties in the intereste Provident Loan and Mortgage Co., of his firm in London. Mr. Bernard the Chinese Merchant to speak adequate support is received. them our heartiest thanks for the Ltd (Bir.. D. L. King), des Chun has been a member of this Com English in no way leczens the ad On Fire Insurance Co., Ltd. (Mr..mittee since 1921 and has occupied entage of a knowledge of the Kong is our principal asset and plause.),
The natural Harbour of Hong work which they have done, (Ap T. N. Chau), the Dairy Farra Ice the chair for three years. Since the guage of the country by foreign treasured possession. On that ac and Cold Storage Co., Ltd. (Mr. death of the late Mr. Holyoak, he merchants. Even a superficial ac- cunt we must see to it that every appreciation of the efficient manner M. Manuk) Messrs. Darie Boag & has guided the policy of this Cham-quaintance must assuredly assist using pertaining to the control of in which our scaretary has success- Co., Ltd. (Mr. J. D. Kinnaird), Messrs. Dodwell & Co., Ltd. (Mr. very troublous times during the
ber and borne the burden of the viewpoint, thus facilitating busi with modern requirements and to during the year under review, and . to appreciate more fully the Chinese the Harbour is managed in keeping fully carried out his onerous task TG. Wenll), the Eastern Exten past two years. It need no words 251, soothing over difficulties, the credit of Hong Kong. Your to voice the hope that he will soon sien Australasi and China Tele- from me to assure you of bis une understanding The possibility of letter from the Colonial Secretary We have listened with the great- and leading to a more sympathetic Committee therefore welcomed have the assistance which our Chair- graph Co., Ltd. (Mr. E. A. Leggatt), tiring energy and devotion to the Messrs. Fung Tang (Mr. Fung Kong work of the Chamber. In spite of transferring the Chamber's School in September 1997 advising that th Un), the General Electric Co. of his numerous other activities, Mr. to the Hong Kong University was Government had under considera est interest to our Chairman's China, Ltd. (Mr. A. B. Raworth), Bernard always made time for mat-impossible for the average business Harbour Board for Hong Kong. will wish to associate themselves fully considered, but it was found tion a proposal to establish speech and I am sure all members Messrs. Gibb, Livingston & Co., Ltd. ter requiring his advice and direc (Mr. C. Gordon Mackie and Mr. Lon, and his resignation leaves a man to attend classes at the Univer- The subject was subsequently die with the tribute which he has paid J. Davies); Messrs. Gilman & Co., vacancy that will indeed be hard to
sity during forenoon office hours.cussed fully at a Conference in to Mr. Bernard, whose high inte Ltd. (Mr. G. Miskin), Messrs. All, I canapt do better than fully Chamber should continue to con- ter was authorised to attend. It is sense has been such an asset to the It was therefore decided that the November which the Harbour Masgrity, public spirit and cool common. Gocke & Co. (Mr. A. Goeke and endorse the fecens reference made Mr. H. Ammann), Mesars. T. M. by His Excellency in Council with duct the Chinese Language School undoubtedly desirable te
on the lines followed beretofore.
effect Colony. (Applause.) Gregory & Co. (Mr. H. M. Gregory), regard to Mr Bernard's hard work, The University have kindly promie. Government and commercial in closer co-operation not only between Meers, W. A. Hannibal & Co. (Mr. clear vision and sound judgment. d to assist us in the matter ofterests, but also between the tumer.
Finances In Sound Condition. W. A. Hannibal), the Holland China (Applause.)+*).
It is very satisfactory to note that Trading Co. (Mr. F. Ladeur), 'the
inspection and examination. ous Government departments con very sound condition; so sound, in the Chamber's finances are in z Hong Kong, Canton and Macao
nected with the control and develop: fact, that members will probably Steamboat Co, Ltd. (Mr. J.
With the growing needs of modern ment of the port. The only doubt look forward to the time in the not Arnold), the Hong Kong Electric Mr. D. G. M. Bernard, at that travel, the growth and development which tree in the course of the far distant future when the sub- Co., Ltd. (Mr. F. R. Marsh and Mr. time the Chamber's representative of Kowloon and the New Territories, Committee's discussions was whe Insurance Co., Ltd. (Mr. F. C. Excellency. At a General Meeting ment in Chins in the not distant and limited terms of referene attention on the incoming Com G. Murray), the Hong Kong Pira was nominated to a seat by His and the certainly of road develop ther a body with limited authority scription may be reduced. This is point which I think deserves the Hall), the Hong Kong and Kowloon of Members on the 10th May last future," the need for a vehicular would be found effective. Wharf and-Godown Co., Ltd. (Mr. | the Hon Mr. J, Owen Hughes was Jerry ncross the Harbour is becorn- In consequence of a vacancy on mittes, as a reduction would woat FH, Crapnell), the Hong Kong elected to represent the Chambering increasingly apparent, both for the Legislative Council caused by likely be an inducement to many. Rope Manufacturing Co., Ltd. (Mr. of Commerce In his hands our transport of cargo and of private resignation of Mr. H. W. Bird, Mr. firms who are not yet members to J. Coulthart), the Hong Kong Tele interests are safely protected motor cars. The troubles in recent G. M. Bernard, at that time join the Chamber phone Co., Ltd. (Mr. J. P. Sherry), | (Applause.)
years have acted as a stimulus to the Chamber's representative, was I think you will agree with me the Hong Kong Tramways, Ltd. |« Improved Reintions With China.
cultivation of foodstuffs in the New nominated to a seat by His Excel that the dinner given by the Cham- (Mr. L. C. F. Bellamy); Messrs. J.
Territories, and while this tends to fancy, At a General Meeting of ber to Admiral Kato and his officers D. Hutchison & Co.. (Mr. T. E
Relations with our neighbours in make Hong Kong less dependent Members on the 10th May last, the was a great success, and I can only Pearce and Mr. P. S. Cassidy), the and agreeable change sines last we transporting. from the New Terri elected to represent the Chamber much as the hosts did. It is to China have undergone a complete upon the Canton Delta, the cost of Hon. Mr. J. Owen Hughes was hope that our guests enjoyed it as Indo-Chinn Steam Navigation Co., met, showing that the efforts of tories to the Island of Hong Kong of Commerce. In his hands our in- be hoped that this exchange of
Sutherland), Jarciae, Matheson & Co., Ltd. (Mr. malignant agitators have been un-is bestly if not quite as high as ferests are safely protected. (Ap courtesies will strengthen the B. D. F. Beith), Mosers. Johnson, ailing to disturb permanently from West Biver Ports, while the plause.)
already strong fond of friendship traditional friendship between delay and many handlings are un China and Great Britain. There desirable, in repect of perishable
Uhamber's Financial Position."
which exists between the two sca can be little doubt that general
The Income and Expense Account H, The Governor's Interest Is The
faring island nations. (Applause.) (Mr. E. Kern), Messrs. W. Loxley business conditions have shown goods. The importance to the Eort and Balance Sheet for the year & Co. (Mr: W. L Fattenden), marked improvement during the of keeping handling charges as 'ow ending 31st December, 1927, will be Chamber's Commerce,
as possible in respect of cargo gen found on pages 18 to 21 of the re- Mosta, Mackardon Mackie and Mr. vicissituties which merchants have buying the pass year improved Part. From the balance sheet you is Excellenes and the interest
past year, in spite of many
Mr. Chairman, we highly appre elf-erident A. E. Martin), Messrs. J. Manners had to face. Following the violent ross-harbour communication has overdraft was raised in order to which he has consistently maintain. ciate here to-day of & Co. Ltd. (Mr. F. Taylor and outbreak in December, more peace been under consideration by the avail of the opportunity of invested in the commercial affairs of the Mr. J. Manners) Messrs. Maxim &ful conditions obtained, and since Government, and while a vehicular ing in the Hong Kong Government Colony, and we look forward with Co. (Mr. J. Ribeiro), the Mercantile the New Year there, has been a ferry cannot be expected to be self- Six Per Cent. Public Works Lean, the greatest intéreat to the remarks Bank of India, Ltd. (Mr. C. L. marked increase Bandes), Messrs. Mitsui Bussan Thanks largely to the untiring apparent that modern facilities of off from proceeds of fixed deposits It is interesting to recall that in of confidence supporting at the outsch it is This overdraft has now been paid which he is about to make to us Kaisha, Ltd.(Mr. I Suzuki), efforts of His Excelleney, aided by Mesers. N. S. Moses & Co. (Mr. W. HLB.M. Consul-General in Canton, transport are necessary if we are to that have since matured. There was the course of the address which His Goldenberg), Messrs. A. B. Moulder the Chinese Members of the Legis maintain our position as the gate during the years 1926 and 27 some Excellency delivered & Co. Ltd. (Mr. Wong Of Kut),lative Council Mr W. EL. Shea-Way to South China.
of membership, but accessions last general meeting, after referring the New Zealand Insurance Co.,ton, and others, an exchange of
Trade Returning To Hong Kong. daring the past year have to some to the boycott, maiscalled the Ltd. (Mr. G. L Fox), the Osaka official visits with Marshal Li Tsal The tonnage of foreign-going extent made good the wastage economic weapon," His Excellency Shosen Kaisha (Mr. T. Hirose), Hain took place at month. These Bhipping using the port which Tortunately, the Charaber has been said; But the true name of this Messrs. Percy Smith, Seth & Flem-interchanges of courtesies, aided by dropped, from 38,000,000 in 1924 to able to accumulate a reserve fund, weapon is the Bolshevist Boome ing (Mr. B. H Ross). Mesars, P. M. the visit of Miles Lampson, 28,000,000 in 1995, rose to nearly amounting at the present time to rang: because it will most certainly. Pinguct & Co. (Mr. E: L. Pinguet), the British Minister, will, we hope, 37,000,000 in 1927, indicatdependent of temporary set-backs if blow it' those who endeavour to PO. Banking Corporation, eventually pave the way to a better steady return of trade to how such occur in the future. This wield it. During the last few 805,000,000, which will make us in recoil back and deliver its shrewdest Ltd Mr. G. H. Bell), Messrs. Reiss, understanding and closer co-opera- Kong. The number of vessels Massey & Co., Ltd. (Mr. P. W. tion between Canton and Hong ed a proportionate increase, It is reserve (which was increased: this months the truth of that remark Massey), Messta J. M. da Rocha Kong (Applause.)
filting to take this opportunity of 'year by 811,000) has been built up
(Continued on Page 8.)
Stokes & Master (Mr. D. J. Lewis), Mesars Keller, Kern & Co. Ltd.
2
In consequence of a vacancy OD the Legislative Council caused by resignation of Mr. H. W. Bird,
Vehicular Ferry Resded.
n
4
man has referred to.
us at our