Why K "Plus" Fittings Fit
Instead of expecting your foot to conform to a stock shaped shoe, the makers of K Shoes have provided a special range of fittings for feet of individual shape. They are called K "Plus" Fittings and they have heel parts one fitting narrower than the foreparts.
If your shoes seem too loose at the heel or too tight across the toes ask us to show you K" Plus" Fittings. There is a pair of K Shoes that will fit your feet to a nicety.
K Shoes
Black, Tan and
Patent Leather
$19.50 $22.50 $25.00
Less 10% Discount for Cash.
Mackintosh
MEN'S WEAR SPECIALISTS ALEXANDRA BUILDING.
& Co. Laal
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Five Kings?
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Old Bootch Whisky
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when the fifth is “KING GEORGE IV.
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FOR ONE WEEK
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Thursday, March 14th
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Wednesday, March 20th
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THE HONG KONG DAILY PRESS, WEDNESDAY, MARCH 13th, 1929.
"MALPRACTICES" AMONG LOCAL
EXPORTERS.
CHAIRMAN OF CHAMBER OF COMMERCE
VOICES SERIOUS CHARGE.
MR. J. DA ROCHA'S EMPHATIC" DENIAL.
YESTERDAY'S ANNUAL GENERAL MEETING.
Members of the Hong Kong Chamber of Commerce who anticipated something in the nature of a stormy passage at yesterday afternoon's Annual General Meeting of the Chamber, held in their office in Chartered Bank Building, were doomed to disappointment.
Allegations against local exporters—foreigners as well as Chinese-were made by the Chairman, who suggested that various malpractices were bringing discredit upon the Colony's business prestige abroad, ・・
An emphatic denial was made by Mr. J. M. da Rocha and endorsed by another member. Contrary to expectations, the Chairman obviated further discussion of the matter in pathe by placing the onus of consideration of the remarks upon the shoulders of the Committee.
Our comment upon the subject, of the discussion appears in our leading article.
"REFERRED TO COMMITTEE."
unnecessary.
THE CHAIRMAN'S SPEECH. The Chairman said: Gentlemen, Before we begin the business be fore the meeting this afternoon, I
The year has been marked by am sure you will desire that I several very important steps in the should express on behalf of the direction
of solidification and Chamber of Commerce our deep reunification of the country and its gret at the tragic disaster which relations with Foreign Powers has just occurred at the King Ed- Nineteen Hundred and Twenty- ward Hotel, our sympathy with the eight should go down in the world's relatives of those who have lost history as the year in which China their lives, and with those who
was granted Tarif Autonomy and have been injured...
in which many Commercial Treaties were revised and placed on more. modern lines.
I which dealt very comprehensively at the Annual Dinner in London with the China situation, and I last November as to the peculiar feel therefore that any lengthy administrative disabilities, which statement on this occasion may be must tend to weaken Hong Kong's position, and which are perhaps more noticeable under the present changing conditions of China than formerly. I refer to the fact that, while being geographically a part of China, we are out of touch with the country owing to the adminis- tration of the Colony being under the Secretary of State for the Crown Calonies, whereas the Im- perial policy of Great Britain to- wards China is dictated by the Foreign Office. It is more than
As you are aware, com- mencing January 1st, the Hong Kong General Chamber of Com
merca
has become incorporated under the Hong Kong Companies Ordinances and the entire assets and liabilities of the Chamber have now been transferred to the incor- porated Chamber.
Although the Nationalist Party nominally holds away over the en- tire country, the authority in the Northern Provinces appears to be more nominal than real, and we all regret to note that at the moment they seem to be facing a The Accounts.
critical situation. Rome was not From the accounts, you will ob- built in a day, however, and pro- serve that once again the Commit-vided the Nationalist Government tee are able to present a balance can live up to their undertakings, sheet showing a surplus of income both to their own country and to over expenditure. On this occasion
the Powers, we should see gradual the sum of $8,728 has been added improvement and more stable con to the general reserve, which Bow
ditions. Much still remains to be stands at $74.218.61. Our income default: the country's credit is at accomplished: many loans are in from subscriptions is practically stationary, but unusually large re-
a low ebb: irregular taxation is ceipta from arbitrations and sur-
dificult to stop railways are veys assisted in swelling the total
being milked of legitimate re- receipts. Expenditure under the venue that is so badly needed to respective headings is practically repair permanent way and rolling normal, and the only appreciable in-stock: the cost of the Armies im- crease will be found under "Secre poverizes the country, and finances
have yet to be placed tarial Expenses." Last year you were informed that the services of budgetary basis. an Assistant Secretary were neces-
Spirit of Progress. sary to cope with the work. After On the other hand, there is no careful selection, Mr. Price has doubt that the spirit of progress is been engaged and started his duties present and China, with its com last November to relieve our hard-paratively low standard of living, working Secretary. We are con- fident that this addition to the Staff will enable the important work accomplished by the Chamber to be maintained and extended. The extra expense, which has been saved since 1994, will absorb the greater part of the surplus, we have shown in recent years.
on
De
has great powers of recuperation, provided it enjoys a few years of peace and quiet. Business failures have been remarkably few, even prior to the New Year Settlement, and there is evidence of gradually returning confidence.
ever essential that Hong Kong should be in the closest possible vince, and I trust that the reference touch with the neighbouring Pro- to our position by the Chairman of the China Association will not go altogether unheeded. "
•
When the Tariff Treaty was under consideration, the Chamber of Commerce once more drew the attention of the authorities to the peed for a system of bonded ware- houses in Hong Kong, so that goods moving from one port of China to another should not loss which is the case at present where their entity as Chinese cargo,
transhipment is neccesary. It would also tend to maintain Hong Kong's position as a distributing centre for overseas trade: A systema
of warehouses bonded by Chinese Customs would also materially assist imports from abroad.
The Chamber's Activities. Turning to the Chamber's activi Annual Report, but the following ties, these are fully covered in the may perhaps be mentioned:
With a view to providing a rub stitute for the Daily Bulletin, a service of Reuter's market tele- Tams was commenced last July. It is found, however, that in many instances the quotations given are hardly applicable to this market, and subscribers will be given an contract terminates of considering opportunity-before the present whether they wish to continue the service, or adopt some alternative.
ciated Chambers of Commerce in
China and Hong Kong.
Turning more particularly to the South, Kwangtung' and Kwangai Your Committee have in mind Provinces bore the brunt of the the possibility of effecting a few Northern Expedition to farther the economies, but you will realise that Nationalist cause, but signe are ceived a rotice from the Cable Most of you have doubtless re- it would be unwise to reduce sub not wanting to show that rapid re Companies as to the International scriptions unless we are able to in covery is already being made. Telegraph Conference dealing with crease the number of members. We The Provincial Governments are the amendments to the regulations have at present 170 members and actively turning their attention to it is proposed to make a canvass questions of education, public understands that the introduction for code telegrams. The Chamber for new subscribers shortly after health, utilities and communica of these regulations is meeting this meeting. The Chamber does tions. Travelling, which is still with opposition from commercial valuable work in the interests of undertaken in the Northern and bodies at Home and on the Con- the entire commercial community. Central Provinces with a certain tinent, and the Chamber has re and it is only right that everyone amount of risk, is now probably cently suggested that objections interested in the trade of the safer in our two neighbouring might well be lodged by the Asso- Colony should give their support Provinces and Fakien than has Chiness Language School, been the case for many years past. It is gratifying to see that In this connection, Mr. Perry has the Chinese Language School is very kindly presented to the Cham- being well supported and the ber three maps showing the pro- surplus for the year, of $1,233, goes ¦ Kress of road construction in to reduce the deficit which now Kwangtung, Kwangsi and Fukien, stande at 83,301. Our thanks are The extent of the roads is about due to His Excellency the Governor 3,000 miles and I understand that "for his keen interest in the study the up-country staff of the B.A.T. of the Chinese language and for have travelled safely over practi- are entitled by law, your Commit his remarks at the last Annual cally the whole of the mileage. tee has urged that care must be Meeting, which no doubt did much Stern anti-piracy is significant positions on investments and thus measures are taken not to place unreasonable im- to promote the study of the Chinese being taken and language amongst commercial staffs, that towboats and launches in the drive capital away We are also indebted to Mr. Wong Delta are now able to ply without Colony. An early decision has been requested, and I am hothoris Tak Kwong and Mr. B. S. Morri armed guards. son for their assistance in «xamin-
ed by the Government to state that ing the Scholars for certificates.
this matter is receiving their carnest consideration, in conjunction with various suggestions that have been made, but that they are unable at the moment to indicate what oc tion will be taken.
Ty
Trade in 1923 Indifferent.
*The Stamp Ordinance. The Chamber's attitude regard- ing the revision of the Stamp Or- dizance is fully set out in the Be port. While in sympathy with the Government in their endeavour to secure the revenue to which they
from the
It is with much regret that we In trade the past year can only have to record the recent death of be classifed as indifferent, but Mr. HP. White, senior partner with the depleted buying power of Messrs. Douglas Lapraik & Co.,
of the country we can hardly hope - firm which has been a Member for anything more than slow im of the Chamber since its founda-provement. Farmers and villagers The Report also deals with the tion in 1881. During the year, we are busily engaged repairing the question of recommencing trade statistics. After making exhaus have also to record, with regret, ravages of warfare and banditry the loss of Major Henry Keswick and this is absorbing their avail tive enquiries as to the methods (who was a Member of the Com-able resources. When this step has adopted at Home, in Singapore, mittee from 1907/1911 and was been completed, a gradual improve. Ceylon and elsewhere, the Chamber elected Vice-Chairman in 1908),ment in trade should be seen, and addressed a letter to the Govern. and of Mr. Edward Bhellim, for it is to be hoped that the Import ment on February 6th this year many years a Member of the Com- Tariff, which has only been fixed suggesting that statistics be recom- mittee RA
for one year, will not be drastical-menced, on a restricted basis. în
ly revised and so once again keeping with the wish expressed by hamper commerce."
Members. There is no doubt that had statistics not been discontinu- Relations Between Hong Kong and ed, figures for the years 1924/1928
Kwangtung
would now be most illuminating to the Government and useful to mer- chants MAKAN
The China Bituation, e Members have quite recently had an opportunity of listening to or reading the interesting speech de livered by Mr. Compton at the an- It may not be out of place to nual meeting of the Hong Kong & recall the remarks made by the Shanghai Banking Corporation, Chairman of the China Association
(Continued on page: 8).
KAIPING HOUSEHOLD COAL
In Lots of not
ton Delivered to
Peak District |(above Bowen Road), 183.00
per, tan Delivered to Bowen Road and · Lower Larels, $21.00
per ton.
Delivered to Pokfalum Road, $23.00 per tan.. Delivered to Kowloon,
$19.00 per ton.
Note Reduction in Prices.
For Pries Apply to
Orders should be toat
in writing not
by telephone
at least 24 hours before
the Coal' Es required.
All ordera must be E- companied by Cash, Cheque,
or Compara dore
Order payable to The Kalan Mining Ad-
ministration."
THE KAILAN MINING ADMINISTRATION
DODWALL & CO., LTD.. Agents, Hong Kong.
THEN
FIT
Are your lights getting dim
or the bulbs
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MAZDA
They dive a
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brighter light without dlare without waste with less cost.
8
The new Mazda inside frosted
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Baby's birthright of healthy growth and develop ment depends for its fulfilment largely upon the care and forethought of the mother during the u first few months of his life. The 'Allenburys
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Mark Food No. 2 3 to 6 months
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