RUSSIAN CRISIS.
A Bitter Class Struggle.
The following appears in the the Daily Telegraph of Jane 6. from its Patrograd correspon- .dent
BRITISH WAR AIMS.
Reply to Russian Note.
The following is the text of the reply of E.M. Government to the Rossion Nots regarding the Allied war sims →→
territory
THE HONGKONG TELEGRAPH, WEDNESDAY, JULY 25, 1917.
'AMBASSADOR'S »
WARNING
Sir G. Buchanan's Plain Words
Sir George Buchanan uttered a warning againat" the Utopian Talisay that these ende were at- tainable by fraternising with German democracy.
HONGKONG SHARE REPORT.
S-SELLERS; SA-SALES; B.BUYERS; N-NOMINAL.
"OFFICIAL PRICES.
BANKS.
to Russian Troops."
*Do not moreover," the Am- bassador proceeded, “believe the Petrograd, June 9. The tales with which German agents "On May 3 his Majesty's Allies and the War" was the would poison voor minds against We did not enter The resignation of M. Kono-Government received through the theme dealt with at a great pablie your Allies. valoff, though a painful symptom Russian Charge d'Affaires Note meeting held this evening under the war, nor are we continuing of the critical state of industry from the Russian Government the auspices of the Rosso-British the war, for any Imperialistic H. K. & S. Banks s. & sa. $665
Society, presided over by Maims. We are fighting for the MARINE INSURANCES, and commerce, is not likely to declaratory of their war policy. lead to a Ministerial crisis, or to "In the proclamation to the Rodzianko,
four great principles of liberty, Cantons ave any such effect as the sad-Russian people, enclosed io the Sir George Bachanan said nationality, reparation, and per North Chinas
- must consolidate hemanent peace.
Unions den and unexpected resigns-Note, it is said that Free Russia Russ a
"There is nothing in our policy Yangtszes tion of M. Gatchkoff. No does not purpose to dominate newly-won freedom if she would change is now possible in other peoples or to take from keep it.
incongruous with the policy of no FIRE INSURANCES. the actual form of the Ministry. them their national patrimony, or
The democracies of France lanperations nor indemnities if China Fires At the present moment there can forcibly to occapy foreign and Great Britain bave been those worde are rightly interpret. H. K. Fires- be no question of any other
bolding and driving back the 3, and our reply to the Russian Ministry then the Coalition, so
main force of the Germans, and Notes shows how soxious we are "In this sentiment the British shedding their blood not only in to act in complete harmony with that the resignation of any eingle Government heartily concur. They defence of their national patri- the Provisional Government. member, though very regrettable. did not enter upon this war as a mony, but to safeguard the new aa pointing to disucion, is still war of coequest, and they are not buro liberties of Russia.
*ur first taek, however, must only incidental. The causes lead-continuing it for any such object.
be to beat the enemy, for, if we "We look to you now to help fail to do thae, we shall not have Ferries ing up to M. Konovaloff's resigns Their purpose at the outset was to relieve the constant pressure tion were very complex. The class to defend the existence of their on out front by yourselves taking sad shall have to accept, such Toice in the final settlement, agglein Rassinianow becoming country and to enforce respect for the offensive, and the to bring terms of peace as Germany is exceedingly bitter, sad it is diff-international engagements. icult to distinguied, smid the
ths war to a speedy end and pleased to impose, including the "To those objects has now been clamoure of the matual scenes-added that of liberating popula of permanent beern "`
secure to the world the blessingslincórporation of Russian territory
lin the German Empire-Reuter. Kailans tions of capitalists and workmen, tione oppressed by alien tyranny. which side is more at fault in They heartily rejoice, therefore, forcing the crisis. No single fact that Free Russia has sanoanced or incident can be pointed to saber intention of liberating Poland, baing the direct cause of Kono.
aot only the Poland rated by the
18
value resignation. In an ex-old Russian autocracy, butequally planation to the journaliste, be that within the dominion of the asid be considered the tendencies Germanic Empires. now prevalent in the Government "In this enterprise the British were not directed to the allevia-Draocracy wish Ruseis God. tion of the industrial crisie, and, speed. Beyond everything we e he meets with strong opppal must seek for such a settlement tion, and cannot be responsible as will secure the happiness and for the condwet of a policy opposed contentment of the peoples end. to his convictions, be wisted, by take away all legitimate causes of resigning, to emphasise the ser future war. iousness of the situation.
But two events during the past week no doubt had an effect in accelerating M. Ecodrale decision. At the Moscow Coogtees af War Industry Committees, M. Konovaleff made a report on the general station. in which be draw attention to the necessity of taking decisive and extreme euree to avert the collapse of the whole of Russian industry M. Gatcbkef also spoke of the di- appointment following on the short-lived joy of the revolution. Both sperches were made in a tone very irritating to the Labour group of the Committee, who re- garded them as charges agaicet the workmen. When
British The
Government! heartily join their Russian Allies in their acceptance and approval of the principles laid down by President Wilson in his historic newage to the American Congress. These are the sims for which the British peoples are fighting. These are the principles by which their war policy is and will be guided.
The British Government believe that, broadly speaking, the agreements which they have from time to time made with their Allies are conformable to these
islerde. Bat if the Russian Government so desire they are quite ready with their Allies to examine. and, if need be, 16 Labour representatives epoke revise, these agreements." in reply feeling ran very "bigh,
the
charges of izciling to counter-
revolution were made against
spiraliste, end uproar ensued, cost of living will rise still bigher, with the fins resalt that the and the working-class thus be etill bisber Labour group rose and left the forced to make
to
hall in body, and refused to demsade. Wouldn't it be better participate farther in the cop to insist on excess profits pasing ference. The second incident to the State Treasury, and awaited M. Konorak on his beavily taring incomes and retora to Petrograd. Daring property? The bourgeois press bis absence the Government and the leaders of industry draw up a declaration on the declare themselves ready to re- industrial crisis, and the messures pounce sil profite, if only to save
relieve Decessary
the industry, which they say is rained situation. In view of M. Kono- by the workmen. But why re- va off's absence, the draft was Dounos profits when the State made by his assistant, M. may be assisted in a 'far simpler Stepharf, whose proposala met manner, namely by buying loan with the strong opposition of the and so enabling the State to Minister of Labour, M. Skoba develop its productive forces ? left.
When M. Kosovoloff Oae is forced to the sad conclue- his ion that sprculation is more pro- returned be expresed entire approval of M. Stepan.fitable than investment in the off's draft of the declaration; and, Loa, when the country is on the in view of the impossibility of brink of a financial crieia." coming to an agreement, Kono-
Kr.Benderson arrivedia Russia varf banded in hie resignation. just at the moment when his Meanwhile, while the air is fall advice and experience are most of uncertainty, and no one can sorely needed, and his assistance see what the morrow may bring ie therefore beartily welcomed by forth, the yearning for a strong the Provisional Government. Hie Government, whose authority will beneficial iofaence is already be unquestioned, grows day by making itself felt. On Friday
was invited to day, and is expressed by all evening he
meeting, and the parties. Bat elasa bitterness seems Cabinet too keen for say reconciliation to members of the Government particularly interest- take place in the near future. were
the What charges do the workmen ed in hie report on bring against capitalists ? Take relations of the British Govern- the case of the Loan of Liberty, ment towards British" industry In spite of the promises of enécess and commerce. The chief point when the loan was first isaned, on which the Provisional Govern- it has not justified expectatione, meat desired information was the Its comparative failure has forced extent to which the British the Government to make a new Government now supervises and bage issue of baok notes. It could controla industry. Mr. Hender never be expected that the loan sop's explanationa should he supported mainly by tremely timely, and, the working-classes, and it fol anstely, bie opinions largely lows that the failure is due to the coincide with those of "the Minie- feable support of the capitalists.ter of Labour, M. Skobeleff, who Yet, it is the capitalists who never expressed a desire to have. Mr. tire of charging the working men Henderson'a close sevice and with lack of partriotism. As the assistance during his stay. It News of the CWS D. aaye should be pointed out that M. "Bg not abscribing to the Konovaloff was opposed to too Loss of Liberty the capitalists great interference in industry on have forced the Government to the part of the State, and this issue further buge sums in paper constituted the main difference of money. The result is that the opinion between himself and the rouble will fall still lower, the Minister of Labour.
BX-
него
"fort-
4
Sugars
Malabous
BANKS.
BANK OF CANTON,
LIMITED.
HEAD OFFICE, HONGKONG
FOREIGN EXCHANGE and General Barking Business Fransacted.
INTEREST ON FIXED DEPOSITS:
BANQUE INDUSTRIELLE
DE CHINE.
$540
S.
t. 140 $535
b. ex 78 $.99
b.
S.
$143 $920
For 3 Months 3% per annum,
SHIPPING.
For 6 Months 4% per annum.
Douglases Steamboats Indos (Def.) indos (Prei-) Shells
♫.
$85
sa.
$18
$115 $40
D.
1.
120/- $29
For 12 Months 44% per annum LOOK POON SHAN;
Chief Manager.
REFINERIES.
b.
$96 $29
MINING
է.
34,6
Langkats Raubs Tronohs Urals
t15
1.
$2.45
n.
25/6
I.
52/
DOCKS, WHARVES, GODOWNS, &C. H. K. Wharves Sa Kowloon Docks Sa. S'hai Docks
$68 #1111
YALE
sa. & b. t. 30 LANDS, HOTELS 'AND BUILDINGS. Centrals
$35
H. K. Hotels ..
Land Invest. H`phrey's Est. K'loon Lands Shai Lands West Points b.
5.
11;
398 394
."
sa.
$6,25 $33 t. 80 $72
COTTON MILLS.
$3.
b."
t. 160 t. 15
Doors that shut silently
mean comfort and happiness in the home-and health.
YALE) door-closing devices
The Yale Door Check is an automatic door closer that never forgets. It shuts a door positively but gently. There is no annoying slam-and there are no drafts. The Yale Door Check is backed" by the Yale name and reputation.
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Let me send you a egy of a ciever little book, "Tat Quiet Lite," that tells about Yale Dour Checke
SOLE "ACENTS:
MUSTARD & CO.
Ewos Kung Yiks
S'hai Cottons
b. - t. 128
MISCELLANEOUS.
Dairy Farms Green Islands H. K. Electrics
Capital (14 Paid up) Francs 45,000,000
Presid sat
André Berthelot General Manager J. Pernotte.
HEAD OFFICE:
14 Rue Saint Lazare, PARIS - BRANCHES in PEKING. SHANGHAI,
TIENTSIN and HONGKONG...
BANKERS.
ID FRANCE - Société Gecerale pour favoriser le Développement du Com- mercs et de l'Industrie en France. LA LONDON: London Crusty & West.
mipster Bank, Ltd.
| In ITALY: Banta Commerciale Italiana,
| Telegraphic Adinas : CHIBANKIND.
Interest allowed on Current Arecurts and Fixed Deposts. Termsen application. "Every description of Banking and exchange boxiness transacted.
M. ROUET DE JOURNEL
Manager.
HONGKONG BRANCH:
Tel. No. 2359.
5. Queen's Building.
Hongkong, 14th May, 19:7.
NOTICES.
BANKS
HONGKONG & SHANGHAI
BANKING
CORPORA
TION: Paid-up Capital .........$15,000,00 RESERVE FUNDS.
זי
Sterling
£1,500,000 at 24-
*** $15,000,000,
Silver $18,500,000
$33 500,000
Reserve Liability of
Proprietore...$15,000,DOI
COURT OF DIRECTORS.
Ho. M. 5. H. Dodwell, -"kalvekar. Son. Mr. P. K. Hayes-Deper Chaibasa F. C. Belcher, Esq. Gubbay. BIG.
Hon. MC.E. Aston,
G.T. M. Edkies. The
E. VI. Part. W. L Patterden, Bam-
A. H. Compton. Exa
CHIEF MANAGER
SoakingN. 2. Stadt. Big.
MAXAGIK
Shanghai-A. G. Stepber, Exc enden Beta-Lazden County anc
Westminster, Limited
Hongkong-Interest Allowed i
On Current Accounts at the rate of $ per cons
snovu on the daily balance.
ON FIXED DEPOSITS
# For 3 months per sent. par aRRUM
Fur & months, 3 per cent per ansam
For is mouths, 1 per cent, jer naama. N. J. STABB.
Chief Manager-
HONGKONG SAVINGS BANK.
THE Bies of the above Eank ↳ conducted by HONGKONG AND SHANGHAI BANKINI
CORPORATION.
Rules may be obtained on application INTEREST an deposits is allowed on the w Imam monthly balances at $5 per cem pari untua
Depositars may transfer, at içir opties, beikata. of of more to the Horekong and Shangha Back to be placed on FIXED DEPOSIT ar 4 cent per auðum.
100.
For the Hongkong and Shanghat Banking Corpor
N. J. STABB,
Chief Managës.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Instrated by Reys) Charter fags
HEAD OFFICE:-LONDON
Fare CAPITAL....
RESERVE FUND RESERVE LIABILITY OF
PROPHIETOKN
MRI.pos.c
FOREIGN EXCHANGE vnd General Benatar
basiness transacted. CERRANT ALCOUNTY opened and PIZZY DEPOSITS zeceived for 1 year or inerter periods, E rates which will be croted an applicationj
TC. DOWSING,
Hapas Hongkong, 11th April, 1911.
THE MERCANTILE BANK OP INDIA LIMITED. Head Office 15, Gracecharel
Street. London.
Authorised Chital.....£1,500,00€
Subscribed
Paid Up Reserve Fund
Yangtszepoos
t. 5,50
Borneos
1.
$7
China Light & P.n. Providents
$4,50
$7.90
".
$7,10
H. K. Ice Co., Ropes
I.
b. & sa, 48 $151
b.
Steel Foundries
n.
$10
Trams, Low Level n.
- $6,40
Trams, Peak, old n.
$$.10.
Trams, Peak, new n Laundries
cts. 90
b.
$8,40
Combay
U. Waterboats Watsons
n.
$13
Calcutia
Colombe
b.
$6
100.x to
+.00 M *0.00 A.M.
SET 15 MM.
10 MIN.
5.
$6.50
Galle
10.00 AM. CO 13.30 AM to
15 MI
Hongkong
1 MAN
Morning Posts
1.
$29
Howest
17. LO
3.15.M.
30 Max.
Kandy
173.20
1.45 2.3
18 MIN.
10 MIN.
LIC P.M
J Max
e....
• MIN
NIGHT CARE.
Wm. Powells
CORRECTED TO NOON WEDNESDAY JULY 25, 1917,
BENJAMIN & POTTS, Share and Ceneral Brokers,
Princes Building.
30 d/8.
Tel. address: Broker,
EXCHANGE.
T/T India Demand, India
T/T San Francie-
SELLING.
T/T
Demand
2/7 3/16 2/7.5/16
60 dis.
2/7 7/16
4 m/s.........
2/714
T/T Shanghai..
Nom.
T/T Singapore
11012
T/T Japan
120-5
Nom.
Nom.
6134
co & New York)
T/T JA7B....AMDT.24.
14834
T/T Marks............ Nom.
T/T France..
3.5834
Demand, Paris
3.9%
BUYING.
4 mis. L/C...
2/8 :
4 m/s. D/P.
2/83%
6 m/s. L/C
2/814-
30 dis. Sydney &
2.814
Melbourne......
30 dis. San Franc-1
isco &New Yorkƒ
4 m/s. Marka
4 mis. Francs
63
Nom. 3.7144
11
1,125.000
562,500
600.00%
NOTICE.
DEAK TRAMWAY CO.! LIMITED.
TIME TABLE.
HANKFRA
The Paok of England The London Icint Stock Zack, Llak /
BRANCHEE
Karachi
Kous Ebart
11,00A.M.
1. P. And i P.. 9.30 to
12.00. every Let Your.
1146 e m. 12 12.46 PM. every quarter of an hour. SUNDAYS:
MAX. TO 10.30 12 18.30 AM 10AM. 21.30.4.2. tá ** 1000 Goos 2800 Books to 1.00 P.M.
LOBAL BO 53. 10
3.30 PM.
500
630.X. TO
£30.
17.4.3 600.
El Mas
10 MIN.
10 MIN.
lo Ex
10 1420
Karin Lump'
Suras
Penang
Shanghal
Singepare
Ranzoor
U.S.* $7,510,000
Obtainable from all Cigar Merchants,
DISTRIBUTORS FOR SOUTH CHINA:
H. RUTTONJEE & SON,
6 m/s. Franca ...... 3.7616
Demand, Germany.. ****
Demand, New York, 613% T/T Bombay
Demand, Bombay... Nom. T/T Calcutta
Demand, Calcutta... Nom. Demand, Manila 12314
Demand, Singapore. 11014
On Haiphong.................... 44% prem On Baigon in 4% prem On Bangkok........ 594 Sovereign .....
7.65 Nom
Gold Leaf, per oz.... 44:50 Bar Silver, per oz... 397%
SUBSIDIARY COINS,
DISCOUNT PER $100:
Chinese...20 cts. pieces 3.94%du. Chinese... 10
Hongkong 20 cts. pieces, par. Hongkong 10
HIGHT CARS az on Went Daya.
SATURDAY:
My Car Millnight PECIAL CARE
By Arrangemari at the Company's Dibel,
Biezastra Buildings,
Des Voeux Bond
Baron and panch Sichele' avaliable for sit AKIE DOR already juli, rungaɛg utilise campo sinte-l in the Company stanu tahina, bai dot forsmessi care, can be buzzed ca application aã tình? Company's Office --No Sesatā Beket wil ke sraad 1281123 paymat iherefor has been
Is Bank Notes es by Cheque or Cotopredia
kar repeating hazy Notes."
THE CHINA PROVIDENT LOAN AND MORTGAGE CO. LTD.
(Capital Paid up...$1.250,000.)
Lesce on Mongwer of Bosse Property, do. Gooda received storage. ARREDORA 20Adem Merchandise. Loanz made an die Provideti Bystato.
TRUETER, 'ZERCUTOR OF WALES, ATTORNIA, ke Undertaken and Freestað. Males and Farticulare on applicatawaj
to the Office of
SHEWAN, TOMES & CO... General Manau STA
MARTIN'S
PAPIOL & STEEL ELOPILLS
A Franck RAMDAY TOURT frangulasirina Themesnda, A JAKNE LILYP) katy a 300 KE Marta's Pets the house, in 2005 as the Brit Those who
amely may be seministered, '
红单
1 Lhem, hence theirmor MOON MEAL. Altremistsana kkona seli skam Marouheval tat World, or post fra LEN, MARTEM, CLIMAL, Bernam pLOR, Kaj
MARTIN'S
APIOL & STEEL SPILLS
Port Loess (Mauritius)
HONGKONG BRANCH.
Every descriptica of Easting and Exchang business transacted.
teteris allowed on Corrent accounts at par per annum or Daily Palances, and on Fixed Depos rates which may be ascertaised on appllenesen
C.CHAMPKIN,
Acting Manager.
INTERNATIONAL BANKING
CORPORATION,
HEAD OFFICE:
5fp Wall St., New York.
LONDON OFFICE: st, Biskopagare, EC.
CAPITAL & SURPI.US➡ U.S. $6,500,000 UNDIVIDED PROFITE | U.8. $1,010,000
MOHRAY CALCUTTA CANTON
BPAN HEF.-
KOEF"
SANTO DOMING LONDON • SHANGHAI XINILA SINGAPOLL MEDELLIN TIENTSIN PANAMA YOKOHAMA PF KING. HONGKONG SAN FRANCISCO
CEBU.
COLON HANKOW
Through its close affliation with The Nations
City Bank of New York, the Bank is able to offer Services of the Branches of that institution in Cabs Sorth America, and alaswbere, namily:—
BAHIA, BUENOS AIRES. GENDA, HAVANI MONTEVIDEO.
DEJANSKO SANTIAGO DE CUBA. SANTOS, Sac PAUL. PETROGRAD VALPARAISO,
RIO-
All kinds of FOREIGN & LOCAL BANKINI BUSINEES 15nacted.
CURRENT ACCOUNTS opened and FIXEI DEPOSITS received at rates to be ascertained application,
. GEORGE HOGG,
Manager.
Hongkong, 26th September, 1916
THE
YOKOHAMA SPECIE BANK
LIMTIED.
Established 1880. Authorised Capital Yen 48,000,000 Paid-up Capital ... 36,000,000 Reserva Fund...................... 21.300,000
H
Eead Office.-YOKOHAMA
Brancher ad Anturg-Helen Bombay Calestia Changeben Daire Fengian Harbin Bankow Homolala
Newchwan New York CHAKA
eking
Zysjun (Pon
Arbor,
Ban Francis Shanghai STAPAT Tiebling
LA INSULAR CIGARSTM THE OLDEST CICAR FACTORY IN MANILA ·
Best Quality Leaf. Best Workmanship.
Finest Aroma. Lightest Colours.
3.44%dir.
Kove
London
1 gote
Log Angeloe Toogles
Agencies
Tentan
Tokyo
pierest allowed on Current Accounts Leposa Proefved for Azed periode at ražas to be, obilnie BZ Applosion.
EISHI ONO, Manager,
Hongkong, 18th July, 1817.