The Value of Good Neckwear
The general impression of what you wear may well hang on the choice of a suitable tie, for no other one article so controls the effect of your attire.
A good the adds finish-a poor one merely points to the fact that it is poor.
We shall be happy to show you the fine weaves and designs by which you can recognise neckwear that is really good."
Mackintosh & Co., Ltd.
Men's Wear Specialists...
Alexandra Building,
Des Voeux Road.
DAIRY FARM NEWS.
HOT WEATHER
Suggestions
PRESSED BEEF 90 cts. per lb.
PRESSED
TONGUE
$1.75 per lb.
ROAST PORK
$1.85 per lb.
PRESSED PORK
$1.15 per 16.
COOKED HAM $2.30 per lb.
PORK PIES
30 cts. each.
The Dairy Farm, Ice & Cold Storage Co., Ltd,
The Hong Kong Baily Press.
enjoys the confidence Its readers.
ITS READERS ARE OF TYPE THAT, MORE THAN ANY OTHER, SHOULD BE INCLUDED IN EVERY ADVERTISING CAMPAIGN—that
those who do
the thinking fou la k
for themselves.
as well as
THAT IS WORTH CONSIDERING-
THINK IT OVER.
HONG KONG DAILY PRESS, SATURDAY, SEPTEMBER 12, 1931.
MERCHANT OFFI-
CERS PENSIONS.
| PROPOSAL TO MEET LONG- FEET WANT.
CO-OPERATION OF THE SHIP.
...]
OWNERS NEEDED,
The problem of the provision of
an adequate income when; reman- orative work is no longer possible owing to age, is one which has to be faced by almost all "who are employed under a contract of ser vice.
Experience has proved that a MR. PEPYS IN HONG
.:
وجود
KONG.
|_ though individuals. may and diff culty themselves in saving p cont. of their sanry, that when such deduction is made at source, 5th A dull day and little doing, the personal, budget, is so adjust. so to the Club betimes for converse ed that the deduction is not fet with Mr. Creed and the others, The necessary stops would be taken whore I learn that France and to, s cime the approval of the In Italy do withdraw from the tand Revenue Authorities to the Rehneider Cup. And this docs very schung, And contributions paid by well for I porecive far too many Officers would then rank for a rágood lives have been lost already. bate of Income Tax under, Bec 31r. Ashby did suggest that the art tion 39 of the Income Tax Act, of flying had been much forwarded 1018.
thereby, which in the past be truc But I agree with Sir R. Harpendon, The Piliciples Involved,
who says that now wo requirò There is a growing and humant cognised that the provision of
It must of course be at once restability and sureness. For to go tendency in modern industry to pension is a costly matter. It is eight hours, day in and day out at one bandred miles per hour for regard the obligation an one not perhaps not generally appreciated be of more profit than to fly at four to be mat entirely by the employee that the cost of a life pension et hundred miles an hour to-day and from his own resources, but rather £300 a year at 60 is approximate to crash to-morrow. Some doubt as one to be met jointly by emly £3,300; if the retiring age be ployers and employees. In many advanced to 65, this cost would be there seems to be of the fate of the. casos indeed it is practically in reduced to approximately £2,730, « Nautilus, but all is so absque that. possible for employees themasives Pension Fund are
other is about. And so to dicing The fundamental objectives of sons cannot well decide what the to save sufficiant, of their income (a) to accumulate, over a period for nuncheon at which I win to my to provide for an adéquate retir- of years, the capital required ing allowance..
Furthermore, to the young man,. the possibility of old aga appears to be so remote that extreme dif- culty is experienced in saving auch money as is available, unless he be under some obligation such As to pay Life Insurance premiums or "contributions to s Pension "or" Provident Fund.
الان
W
↓
to produce an agreed pension, great content, and thereafter th (b) to insure the safe and pro sleep. Later with my wife to Deep
útable investment of inch an
cumulated funds and tor-Water Bay where fewer play golf range for the gradual though than I expect. certain expenditure of pension
payments.
Although the problem c be
sth, Lord's Day.-Again to the
simply described wider the above Club, and there read the Now of a scheme depends upon the Hockey League arisea and I do two headings, the actual working Sheeto vary dull. The question of
terplay of varying forces, among
the call to mind the first that ever I which are fluctuations of maximum carning power of ante play in, when, the A team of Volun ly invested funds, and the morteers, or Scouts team do win the tality which might be experienced by members of a Pension Fund.
Outline of the Scháme..
It is ubmitted that the salaries Officers in." the British Merchant Navy, in mont cases, Büch 43 to preclude the Hossibility of adequate saving from income. This is per haps most particularly true in service in the Linor Companies where promotion is very slow, I frequently happens that unexpect ed misfortune sometimes arises at the late period of an Officer's care- er during which he hoped to savo more substantial sums in order to provide for old age. Such unex: pected misfortunes include ayo sight failure, reduction cf staff following upon sale or transier of flects, and of course, the profer sional disaster which often follows serious strandings and the like.
All who are in close touch with the affairs of Captains and Offi(Shipping cers in the Merchant Navy are agreed that it is highly desirable that arrangements should be, made. for the provision of adequate and secure incomes upon retirement for those Officers who have devet- ed their lives to the service of the
四胞慨。
There are, happily several Shipping Companies which have made such arrangements under various superannuation schemes. It is however a fact that, for thos majority of ships Officere, no such provision axists,
of
The absence of a general Pen sion Scheme is probably, one. the chief causes of the discontent which unfortunately... existe In many sections of the Service,
41
Military Lengue," with all their matches wan outright. But Lord! The Council of the Officers Fewhat a light it was with the many doration bave drafted a proposed
Scheme teams who do regard hockey us, contributory Pension which can be inspected by any "Soccer with a stick." And it in federated Officer on application at my" recollection of this that gets the Registered. Offices of the Federation.
me agilinst any such League now. Shipowners should contribute team our two beat, Dyer Ball and The basis of the scheme is that But it in sad to think that of thint per cent. of Officers' (deck and engine room) wages to a Central Body, and the Officers should similarly contribute 5 per cent of their wages. It is suggested that the deduction should be made at last by drowning. In India, even source by Government Officials when Gandhi sets out there is a Superintendenta or clash with the Red Flag Union. Consuls) superintending the "pas And how shall we agree with these ing-off" of ships. 90 kuna.
An Officer leaving the scheme peoples who do not agree amonget prior to punsignable age would themselves? have the option.
(a) of, receiving a return of his
Brashay are gone from among us, as are Huchison and Bobby Brand,→ the first two by sickness and the
own contributions at 2 per 7th-Nows that the Nautilus is crit, compound interest, or safe. This day, a holiday, but hot (b) of pension, free or further and sunny so I to the Club, to find contribution for such sum as the bar in a sorry state, where they his own and the employers contributions have. secured to paint it. A date. If an employee takes his own contributions back with interest, the employer's contri- butions could be returned to the Central Body for the trur pose of discretionary addition nl benefite, or (c) of continuing his atribu tions and wearing additional pension in accordance with the tables
And much I hope Do harm will come to my old friends Belilios and Evan Jones for whom
have a great kindness. More. riots in Barcelona and the general strika breaks out again. And it seems that they do get their full money's worth for their republic. At home it seems that not nil Labour goes against Mr. Mae Donald but rather the, executives, or those whose profit it is to have dissension. Talking with my friends who go yesterday to Macao I per-gather the racing be pretty poor.
In the event of the death of a contributing Officer his contribu tions will be payable to his sonal representatives with 3 per
It is submitted that the inau guration of a sound contributory Pension Scheme would have the most satisfactory results not only to the Officer personnel, but also to Shipowners and, to a lesser ex- tent, to Marine Underwriters,
It is farther submitted that it cent, compound interest would also be greatly to the an tional advantage if the profession of the Morchant Navy were made. as attractive as a career to the experienced Officer, as it un doubtedly is ce a calling to adventurous youth.”
Advantages Explained.
For Young Officers.
It should be noted that the scheme does not apply to Olebra at present reaching retiring age. To provide such pensions would It is thought, however, that if the require a very large sum of money. suggested scheme were introduced
FINEST
TEA
THE
WORLD
PRODUCES.
LIPTON
"LIPTON'S TEA is the stan
dard by which all other teas are judged. When one compares "different brands of Tes, the, major question invariably is 1 “Is it as good as Lipton's P"
The fact that it has the largest sale of all tons, proven than it is the finest Tos in the world
WING FAT LOONG
takes pleasure in
announcing
that they have just received
A New Shipment of American “ Fruits
FRESH HOME GROWN VEGETABLES
ALWAYS IN STOCK"
A
Phone your orders to Stall 88,
Central Market,
Tel. 26312.
10th-Talking in the Club this CLAIM FOR DAMAGE TO
Bat. what do irk me most of all be day, Mr. Povy do draw our atten- that that topsided Robot Rooslantion to a paragraph about "Al do win and pay seventeen dollars Capone's intention to quit the upon a tally, and I not on him.
But I shall not back him in Hong racket, which obviously be printed. Kong unless it be on a mud-beap. before he withdrew his plea of
8th-Kaye Don wins the first race of the three in the Harmaworth tions to determing of the sobriety Moter Bout Trophy. New regula
guilty. But we all notice that nothing more hath been done, and
the judge he must not try him it seems Mr. A. Capone hath told
GRAMOPHONE.
LORRY DRIVER HELD TO
BE NEGLIGENT,
Judgment for the, plaintiffa with costs, was given by the Fuinne Judge
in which the Hong Kong Amuse- (Mr. Justice Lindsell) at the Sum- mary Court yesterday in the netion
of a car-driver be published by the doutht we shall hear no more ofments, Ltd., sued the Luen Vick
thrown out of the defendant's lorry Motor Company for 8300 damages in respart of a gramophone which has in course of transportation t
Shaukiwan
Mr. J Armstrong was, for the defendants, plaintiffs and Mr. B. L. Dennys for
under the nuspices of a Central New York Police, but I doubt not of the Officers Federation, that the gree of public confidence, that the club this evening where I find cident owing to his poney crossing It is the opinion of the Council Body, able to comunand a high do they do not apply to gangsters. Te it. Mr. Sun Fo meets with an ar most satisfactory solution of the means could, in more prosperous every one talking of the sensation its legs, but I am right glad to problem of providing for income times, be found to attract by at the University, in a ragging oase, on rotirement is the inauguration voluntary contributions, a sub And it seems that the Council do learn that the injury is but trifling, of a Contributory Pension Scheme stantial fund able to meet the "ace close down Lugard Hall for next It is considered that the beast to which all Shipowners, and their crued inbility" in respect of term. Which ilo soem to be the most probably was an emissary of Nan certificated Navigating and En- those senior Officers who have now manifest injustice to those members gineer "Officers should jointly con- reached retiring age but for whom of the Hall who were not in the king. A message comes that the In his judgment, his Lordship tribute. Such a scheme as is sug no pension fund, exists on. reach Colony, at the time. And I trust Nautilus returns to America, after found that the proximate cause of gested" would eliminate the very ing 05."
the Court shall, rap the Council few days only, and I perceive that, the road was the negligence of the the gramophone being thrown on to unsatisfactory position which ari- Under the proposed scheme how-pretty sharply over the knuckles in ece under non-contributory Pen-ever, a Senior Officer, joining the this respect. Yet, for those son all the talk of crossing the Pole driver, and that the defendants were sion Schemes in which Captaina scheme when 50 years of age, carn: cerned in the rag, ond cannot bare under the Ice be but “guffe.” News acting a common carriors and Officers, although regarding ing a salary of £400 per annum too much contempt For I mysaf, such Pensions in the light of de would receive Pension of £81 ferred pay, cannot, in fact ab. 6s. 8d. per annum at 65. solutely rely upon receiving such The Pension of a Benior Officer pensions which are granted “isle, who joined the scheme when 80 ly at the discretion of the Dires years of age and whose salary, was tors."
£400 per annum would only re It has been held in the Courts osive the small pension of £21 138. that even wrongful dismissal does | 4d." per annum at 03:24 not entitle the officer concerned to any right of compensation for losa of Pension under such noncontri- butory schemer.
The scheme will, of course, be of most benefit to those who are able to join it at a comparatively ear fly age. From the Officer's standpoint t "The Scheme has already been in considered that it is manifest-mubmitted to the Court of the
His Lordship found against de when at Magdalen, do recall, tak comes that the favourite Cameron fendant on three points: (1) that ing part in one or two such, hutan be soundly beat in the Leger plaintiffs could not succeed becauso! in case of trouble the Dean had but and hath a most and face, as the there was no privity of contract, to call for names.
udda belted were but a shade above) that if defendants wore neting as common carriera. (as his Lord 9th.-More talk of the trouble at even money; and I suppose no such | ship, had found, they were), their the University and a letter this upset hath happened since Panther common law liability was displaced.
voning in the news-sheete which
by the action of plaintiffs in putting apparently be written by one who do fail in the 1910 Derby. Yet it their own employers in charge of did take part. Els how knew the do serve the publique right if they the goods carried, it being contends writer that a thumb was bitten, and will wager so hot upon a doubtfuled that as defendants were never that the strangling was the result. chance.
in possession of the goods they were not liable, and (3) that velit 11th. It seems we lose the poloe there was contributory negli
there was negligence on defendants":
Yet the matter do now seem to he simple. For surely the Authoritien
le to their advantage to have de Honourable Company of Master do know who were domiciled in the ducted at source a percentage of Mariners, and as a remit a Joint Hall on that night, and they have match in Shanghai by nine goals gence on the part of plaintiffs by their income on the understanding Committee of that body, and the but to call on them all to produce to three and I doubt their ponies not sing, that the gramophone that an equivalent aum 15 contri Officers. Federation has been set their thumbs, when they shall were too good for us. In swimming His Lordship concluded: With
was properly fixed to the lorry. buted by their employers, the up, to consider theso proposals clear. But this thumb-bitting le combined contributions to bo de It is hoped that it will be possil very disgeneoful and I cannot we are behind but I think have a this contention again? Eennant voted to the provision of a pen- sible for a joint submission to ne "think the University comes well put contest in hand. But I know, but agroc, Allowing that further men- sion, claimable as of right, made to the Shipowners' Repre- of it. News that Kaye Don he little of the matter and find the surce might have been taken by
Every contribution made by an sentative Bodies that the whole upset and that before this happen-
plaintiffs for the ante carriage of Officer under the suggested, contri. subject may be discussed with Gar. Wood do trick him over the scoring of doubtful significnude, to their property, and leaving, asido butory Pension Scheme definitely them, without prejudice, with a line before the gun which dis my mind, 1 hear the Bank do issue the question whether defendants' ensures for that Officer a guar-view to elaborating a schemb no qualifier both altogether so that à a warning of the 8100 note, Jest driver ought not, himself, to have nsteed Pension at the agreed raceptable to all concerned,
lower American boat may win, forgeries that are be about may be taken such measures, I am... #till tiring ngg. Irrespective of subself as in fervently hoped will be And if true Kaye Don is to blame accepted. But I deal of with to satisfied that if the lorry had been quent •nturvala, off unemployment the cree, ja, kehrme- in ultimately that he be not wary of strategy, many notes of this size to have much properly driven, the gramophone Huying, which no contributions are grad details will m -be since his best be a mile the faster inconvenience of it " Bat at the "would," to thegmatoury, course; er paid, or on transfer from one available Tolerated C care for over the course
farth-coming Race Meeting I will events, have safely reached its des Company, to another.
their further considera
Continued on next Uolumn.) have a carÓ
tination.