WATSON'S

E

THE PREMIER SCOTCH OF THE FAR EAST

FOR

25 YEARS.

POPULARITY MAINTAINED BY ITS

EXCELLENT QUALITY

· NOT BY EXPENSIVE “ WORLD-WIDE ADVERTISING.-

Á. S. WATSON

& CO., LTD.,

HANTS,

WINE AND SPIRIT MERCH.

HONGKONG.

-}

THE HONGKONG ~TELEGRAPH FRIDAY, FEBRUARY

WATSONS

Correspondents are requested to observe rule which the requires them to forward their names and addresses with communications addressed to the Editor, not necessarily for publication, but as an evidence of their bona fides,

NOTICE TO SUBSCRIBERS.

Piracy

DAY BY DAY

NOTES ON THE CRISIS.

COMPANY REPORT:

NOT THE WHOLE OF LIEK NOT ALL OF DEATH TO DE- Montguns

The Weather.

ל-

At the Peak Sam. Temp. 32;

(1915, 63 clear.) Lower level 8 am. Temp. 61;

(1915, 70 clear.)

The Malls.

The Hongkong Hotel Co., Ltd.

THE AIR RAID.

The Appam.

The story of the Apps, 28 told in yesterday's wires, is more dramatic than coherent or Iacid. The outstanding fset about the

It is satisfactory to know that the authorities are keeping an eye on owners of steam craft which plr outside the waters of the Colony | o see that they comply with the law's requirements so far as the prevention of piracy in concerned. Thare, were two cases balore the Court on Wednesday in which fog. launch-owners ware charged with failing to enter into bonds under dull. the Ordinance which deals with this subject, and, the shortcoming having been proved, the dili

incident is that it is going to quants were rightly called upon Siberian Hall-Closes per a.a. give experts on international Is to pay basry fines, each be

Namur at 11 am to-morrow. something to think about for the ing ordered to part with a French Mail-Clases per ss.next few years; indeed it will hundred dollars. The bond

Cordillera at 4 pm. to probably be quoted in the days of required by the Ordinance is

our grand children even as the one to the effect that the owner Siberian Mail-Closes per sa Cheapeake is quoted to-day. I

Cheman, at 9 a.m. on Sunday. happens, however, that the rights agrees to take certain stipul- ated precautions to guard against

and wrongs of the matter take second place just now-forced into piratical attacks, these including

the background by the two leading facts (1) that whatever way the on claims may lis, the German crew

the provision of adequate proteo- tion for the officut or officers when

MGETOW.

The Dollar.

The rate of the dollar

W

To-morrow's Anniversary.

on the bridge. In one of the in-demand to-day is 111. 5/15. stances under notice it was stated that not only had the owner failed to enter into the band, but he had not even caused the recesKALY grill to be erected on his Isanch. What the parties most concerned say of the capture of Guadelopae have failed to do in the past, the by the British authoritisa now compel them to

The rates of Subscription to the Hongkong Talagraph" will do, and very rightly so, too. Is

be as follows zak

is to the owners' own intaresia to take these accessary precautions,

will prefer a comfortable intern- ment in the United States to the

The report of the Board of D ectors of the above Company, to he presented at the ordinary meeting of aliareholders, to be beld as the Company's Hotel, at 19.30 pm, on Saturday, February

12. states:

Gentlemen,-The Directors beg

1,500 Mortaga De- beatures (6 per cant) at $500 each Less One held by the Company

to submit their report for the ball Sandry Creditors rear ended 31st December, 1915. Unclaimed Divid

Accounts.

The Profiton Working Account mounted to $56,493.44 as com pared with $40,015,01 for the erresponding period of 1914, being an increase of $16,408 43.

The Profit and Loss Account, including the sum of $33,784.94 brought forward from 30th June, 1915, shows a credit balance of $94,34173 which the Directors recommend should be apportion- To pay a dividend of→→ $250 per share on 20,000 Shares To transfer to Repairs and Renewals Ac- count

ed as follows y

certainty of capture by & British or French warship, should they To-morrow is the 106 saniver-elect to put to sea again, and (2) that fourteen of the new arrivals including some Germans—are barred admission to the country by United States law, on the grennd that they are paupers.To write off Steam the With these two points in view, it

Launch and Motor Boat To carry forward to

New Account

Peak School

Lady May is to present

Daily issue-$36 per sunum.

to say nothing of the added prizes at the Peak School on Mon-seems somewhat idle for Count Weekly fame--$13 par sonum

people who travel on these The rates per quarter and per menses, proportionti. Subscriptions security which they confer on the day at 5.15 p.m.

vessels.

for any period less than vue month will be charged as for a

kall month.

The daily issue is delivered free when the address is accessible to manger. Peak aubecribers can have their copies delivered at their residences without any extra charge. On copies sent by post an additional $1.80 per quarter is charged for postage. The postage on the weekly isne to any part of the world is $1.00

per quarter.

ech sary).

0

Single Copies, Dally, tax seats, Weekly, twenty-five cents (for Advertisements and Subscriptions which are not ordered for a fixed

period will be continued until countermanded.

(Payable in Advance.)

The "Hongkong Telegraph" is now on sale at, and will be delivers to subscribers by, the Dairy Farm Company, Ltd., Shameen, Canton, who have been appointed our agents there.

**HONⱭKONⱭ TELEGRAPH.-

DEATH

by Under,

HAZELAND-On the 2nd February, at the residence of Mr and Mrs. Jackman, The Peat, Maria Hazeland, aged 77, widow of the late F. I. Hazeland, Crown Solicitor, Hongkong.

HONGKONG. FRIDAY, FEBRUARY 4, 1916.

OUR TRADE METHODS.

Preparing for Peace.

Chinese Festival.

To-day, according to the Chi Dese Calendar, is the Festival of Lich'un

Beginning of

Spring."

or

Bijou Theatre, ̈*:

It may be early in the day yet to talk of conditions which will srise when peace is declared, but there cannot, or should not, be

A very interesting programme any minimising of the huge pro is being chared blems which will present theme Theatre just now. In addition to at the Bijon selves, especially in the industrial two or three right little comics, world, when the transition does there is a five-part drams: take place. And the mora one State Secret which is full of panders over the matter the more exiting and sensational situs apparent does it become that if

tions, and which deals very these problems are to be adequate aleverly with the any system in ly dealt with, there is no time to time of war. lose în atting about the work of organisation which the task de mands. The question, we are

Opening of Men's Club.

von Bernstorff to make claims of ta decide what he will or will not do.

The Zeppelin Raid on England. As we had anticipated, the

casualties in connection with the

000

$50,000.00 |

ends Reserve Fand sa

per last A/c. Borys Fund for

Repairs and Re- newals 88

per abore Statement Balance from Last

Report... Profit for Half Year

to date...

500.00

749,500.00 34,308.59

4,876,50

648,975.78

484.97

33,784.94

60,556,79

94,34173

$2,532,267.57

Assets.

Value of Properties

as par last Afc. $2,216,008.08

Additionals

9,535.03 Plus

2,000.00

32,806.70

$94,341,73

Properties. The Company's properties were valued by Messrs. Palmer and Tamer on August 23rd, 1913-at- $2,314,215.00.

Shares.

The market value of the Sharea

Directors.

and Alterations (The Company's properties - wern valued by Mamers, Falmer and Tur- дет un 23rd August, 1913, $2,314,215.00) Farniture and Fir-

Fares, etc.:

2,994.40

As per last Account $109,949.50 Written off a per

Last Report

Since Added

Installation of Electric Light, Mohy, Plant,

etc.=

Shares in Public Com-

panies ---

10,000.00

€ 99,949.50 55.80

$100,005.30

3,467.37

2,000,00

20,000.00

latest air raid have proved to be anything but trifling. Alter past experiences of the Home authorities' method of "handling hardly expect anything else. held by the Company on 31st such news, we out bere could Even now, the wires are ladierons December, 1915, was $10,824.00. ly indefinite where they might quite easily have been plain. No

Dr. J. W. Noble resigned his one knows better than newspaper seat on the Board on the 10:b falk how difficult it is to arrive January, 1916, On the 11th quickly at an exact statement as January, 1916 he was re-elected As per last Acmant to the casualties in any great to s BB1* on the Board. Dr. Hotel's Steam Launch disaster, but however many Noble's appointment requires and Motor Boat-.. allowances charitable people your confirmation at this Meeting As per last account 22,000.00

to prepared may be

mske Mr. Ellis Kadoorie retires by Written off as per last glad to see, has already been An attractive entertainment has for the Press Barean and its rotation but effam himself for re- Report The Hongkong Telegraph.ea of the situation to be faced Chaplain to the

mised in Parliament, and some ben saranged by the Military friends, the fact remains that election. Anditoes.

held in the there has now been plenty of time, we provided by Lord Crewe whe Seamen's Institute (Praya East), for a rational and definite atate

Owing to the death of Mr. A. be stated that over three mill- Wanchai) next Thursday even-ment as to the results of the raid. OD. Gourdin, which the Board ion men and women were eb- the 10th inst., at 8.15 p.m. This silly suppression of actaal regret, Mr. H. Perey Smith, F.C.

ing, gaged on war work, while at least The occasion will mark the open- localities can hardly affect the A, was appointed to the vacancy 38 many men were under arms. ing of the Institute building sa enemy, and it is positively cruel thereby crested. The accounts The fact that a meeting holi at the London Guildhall to discuss The obvious meaning of these Men's Clap, specially intended to those who have relatives in the for the Half-Year under review $24.00) the question of trade and employment after the war has expressed facis, therefore, is that at the for the use of the Territorial districts that are scarcely more bave been audited by Messre. A itself in favour of the establishment of a Ministry of Commerce close of the war the task of re- troops. The entertainment will be than hinted at. And what about B. Lowe, CA, and E. Percy Lives added intereer and importance to the interview which the absorbing or re-distributing some open to all. Light refreshments reprisals? Government that is Smith, F.C.A. Mesars. A. E. Lowe Telegraph recently had with Mr. Moore-Bennet, the well-known six million workers will present may be obtained on the premises invariably ready to urge upon ie and B. Perry Smith offer then- authority or Far Eastern trade. In that interview. Mr. Moore itaell. It was well stated during

public the non-militry nature of selves for re-election. Bennet plainly showed the necessity for the creation of such a the discossion of the question that

the destruction caused by these Ministry if Britain is to hold the position in the commercial world to if we had some excuss for ba-

raids should surely be the first which her possessions and influencs entitle her; what is more, he ing unprepared for war, we have

to consider the best means of tade it equally clear that unless such a step is taken we cannot hope none for being unprepared for

panishing such attacks on civilian to held our own after the war with rival nations who, through each peace. And that is why the ques

life and property. There can be a Department of State, keep an ever-open eye on possibilities of ex-tion is one of far greater urgency

no doubt that our airmen bare pansion in all quarters of the globe.

than would appear at first sight.

had unbounded opportunities for To Bid and Doubifal making attacks 021 German Debts territory, and that, sts word from T. Crown Bent the Home Government, those op To Rates. portunities would very soon be To Fire Insurance made good. But at present it To Interest... | seems as though the beat that we Te Directors Fees

can hope for is that, after a few To Auditors Fees... more hundreds of non-combatants To Balance as per have been killed and a few more Balance Sheet Bandred thousand pounds" worth

As to the intentions of the

THE LATE MAS. HAZELAND.

Funeral at Happy Valley,

We regret to record the death of Mr. Hazeland, mother of Mr.

More Peace Talk.

JW.XOBLE

Chairman. Hongkong, 29th January, 1916.

Profit and Loss Account for the

Second Half Year, 1915-

$722.89 513 34

7,552.54

5,010.42

As per last Account 4,37131 (Market Value at 31st Dec. 1915, $10,- Stock of Linen, Croo- kary, Glassware, Wines, Provisions,"

etc.

Linen, Crockery, Glamware, etc. (in 100). Licences sttached to

1915

¦ Sundry Debtors : Hongkong & Shang- hai Banking Corpo

52,414.05

9,091,92

917.18 45,881.89

ration Fixed Deposit 75,000.00

Current Account

21,226.59 Cab in Hand

2,000,00

400.00

94,34173

$131,767.51

J. EL. TAGGART.

1,230.09

76,230.09

825.00

$2,532 287.57

JW.NOBLE J.W. C. BONNAE

Directors.

Acting Secretary. $33,784.94

Auditors' ReportWe report 41,002.80 that we have examined the Ac 4.00 counts of the Hongkong Hotel 289.16 Co., Ltd. with the Books, Vouchers 40.00 and Securities of the Company for the Year ending 31st December, 56,423.44 1915. We have obtained all the 243.17 information and explanations we bave required, and, in our opinion, $131,787.51 the above Balance Sheet is pro- perly drawn up so as to exhibit a trae and correct view of the state of the Com pany's affairs according to the best of our information and the explanations given us and sa shown by the Books of the Com pery

The more one locks into this vitally important question, the more eviden: does it become that the present system, or lack of

raem, which Britain follows in regard to the openings which pre-A Business Problems. sent themselves in the overseas markets can only lead her into a position of declining influence in those spheres. At the same time inaction on her part will make it all the easier for our competitors Government in the matter, the when we enter into that economic war which we know will be keenly curtain was partially lifted when waged when the present military and naval hostilities come to an the spokesman for the War Office end. The observations which Mr. Moore-Bennet male, showing aid that demabilisation would be from actual experience the astounding ineptitude and disinclination gradual, and that soldiers on of our Consular officials to render sistance to business men, were being disbanded would receive F. A. Hazeland, and widow of the of non-Government property most pointedly backed up from a totally different quarter by som four weeks full pay and allow late Mr. F. L. Hazeland, Crown destroyed, someone will boldly

acte recorded in an article which we reprinted on Wednesday in ances, with travelling expenses to Solicitor, of Hongkong, which stand up in the House of Commons By Balance from 30th relation to Northern and Southern America. I was there shown that their homes, a money, gratuity occurred suddenly at the residence and say that the Government is Jane, 1915 for the entire continent of North America, with a gigantic trade of for war service, and a year's in of Mr. and Mrs. T. Jackman, the determined to take reprisals By Hanis of Shops and more than eight hundred millions sterling, no Commercial Attache

Hotel Mansions" has ever been appointed by Britain, while in one instance in Brazil zrance policy against unemploy- Peak, on Wednesday night. The shirtly!”

was 17 year ment-machinery which was not deceased lady

By Scrip Fees the British Consular officials had never made a trade report for available afterthe Boer War, when of age.

By Bed Debta recovered six years, and, in another case, one of our Consala in Latin- so much distress occurred. It The funeral took place yester- American State had for sixteen years neither made such a report was also stated that the Board of day evening, and a good number two more hatches of peace talk-By Balanes of Work- China New Year has brought By Dividend on Shares nor had he even been requested to do so. When we knock up against Agriculture has been making of friends attended. The mour the latest via the Chicago Tribune,

ing Account bard, unpleasant facts like these, we may well wonder how British ready for the return of men to the bere included, the following which tells us what Germany is By Exchange tradal interests have managed to bold their own to the extent to land. These are reassuring facts Mr. F. A. Hazeland, Dr. Koch, prepared to do and what not to do. which they have The credit for our present position in the maso far as they go, but we cannot Mr. Findlay Smith, Mr. D. K. It is impossible to avoid seeing kate of the world must be given wholly and solely to the keenness help feeling, in view of the in-Setna, Mr. J. E. Woad, Mr. A. G. he ladicrous side of all these and energy of cur big commercial houses and their representatives abroad, who have had to ba tle against grea: odda as compared with calcalable importance and magni-M. Fletcher, and others. The peace feelers, for each collection Reserve Food For Repairs and

tude of the problem, that the coffin was borne by Inspectors differs so very widely from its fore- their foreign rivals who look for, and receive, every encouragement subject is one which calls for more O'Sullivan, Brazil, Angus, and runner. On this occasica as before, from their Governments. No part of such credit can rightfully be specialisation and consideration Sim, and Sergeants Derrit, and however, Germany is generously To payments on so claimed by His Majesty's representative? abroad..

than it is likely to receive if left Murphy. The fan's does not lie primarily with our Consular Saffs, we to various Government Depart-

ready to give up territory that was

the Many beautiful sl tributes long ago taken from her and that admit; they are trained along certain well-defined lines and are!ments. Lord Haldane made a were placed on the grave she will never have again. Her expected to follow the walitional policy in this matter. The happy suggestion on that point these including wreaths from the former solicitude for the welfare To balance as blame must be placed on the shoulders of saccessive Governments when he pleaded for the er ation following:HE. Sir Henry and of Poland is reiterated, but she is for their failure to set up the machinery which is necessary to safe of a special General Staff for peace Lady May, Dr. and Mrs. Evans now farther aurous to benefit guard and advance our trade interests in foreign lands and even in that should set about producing Jones, Miss WJ Griffs, Mr. and Roumania and to establish a our own Colonies, too. Organisation and system are needed in the Pesce Book similar to the Mra A Sath, Mrs. and Miss protectorate over Tarkey. And Bybalance from 30th world of business to-day more than ever before. We cannot afford War Book upon which to continue along in the slipshod, haphazard way. we be bean Committee of Imperial Deferca worth." Dolly" and Mr. and Mrs. second instalment of peace talk June, 1015

the Armstrong, Mrs. A. H. Hollings- of course the world smiles. The content to follow in the past. If we do, we shall be overtaken and Concentrated its energies and F. Maitland, Miss Wallace. Mr. Drefers to another form of stupid By amount transfar the plums will be arrested from us. That is why there atrast be perience last August. That is Jaffe, Miss Davidson, Miss German lying. As before, what red from brought into being a separate and distinct Government Depart what is needed special body Demson, Mrs. Shenton, Helene our enemy cannot bring about mant whose business it shall be to see that fall and reliable informa- of men representative of the best and Enset, Mr. and Mm, on the battlefield he is anions to tion, as well as prompt and willing assistance, is provided to business capacities of the nation, Anusitong, Inspectors Trent, accomplish by fabrications business institutions and men regarding world markets in which for, after all, it is essentially a Territt, P. Brasil, R. MoDonald which, as it happens, are very they are concerned. Such a development will come, we have no business problem. oubt. And the war is bastening it on.

and Grante

transparent ones.

Renewals for the Second Half:

Jane Year. Igls

count during second half year 1915

per

balance sheet ·

$9,535.03

464.97.

AE. LOWE

FERCY SMITE, PCA,

Auditors

Hongkong, 29th January, 1918.

$10,000.00

$3320.23

Shipment of Hors

Ame

and loss as tecom-

6,379.77

between

18:

mended

Washingt

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