"THE
NEW SUN FOR THE WHOLE WORLD
ANDERSEN, MEYER
& CO. LTD.
No. 2 Queen's Road. Central
Номаком,
The
Hongkong Telegraph.
8203 式拜禮號五卡月三英港香
REUTER'S TELEGRAMS.
PRELIMINARY PEACE TERMS,
SEVERE NAVAL CONDITIONS.
Paris, March 18. The Supreme War Council has adopted the military, naval nd aerial terms to be imposed on the Germans by the Peace Preliminaries which will take the place of the Armistice.
(ESTABLISHED 1881).
TUESDAY, MARCH 25, 1919.
SPECULATION IN SHARES.
IMPORTANT SHANGHAI
JUDGMENT.
41
but as was conceded in argument that Act differs in its object from the two local enactments. The former was to protect joint singk
OUR PEKING LETTER.
Peking, March 15.
SINGLE COPY: 10 CTS.
36 PER ANNUM.
ANDERSEN MEYER
& CO., LTD.
HAVE REMOVED THEIR OFFICES FROM HONGKONG HOTEL MANSIONS TO NO. 2 QUEEN'S ROAD
PEACE CELEBRATIONS.
HONGKONG ILLUMINATION
SCHEME.
surrender of more German warships than already demanded will be an important judgment regarding I wish it to be clearly understood | Yet it is so. Both have agreed and illumination to be carried out i
The naval terms are said to be of a very severe character. The asked and the construction of submarines absolutely prohibited. Germany will have to surrender nearly all her war material, the
years' service.
- very little
disclose in these
CENTRAL.
To-Day's Exchange. The closing rate of the dollar on demandto-day was 3a. 1.15-16d. The Weather. ' Forecast-olbudy. Barometer: 29.89. Temperature 2 pm. -81. Humidity pm-74.
DAY BY DAY.
The report of the Rev. J. Kirk Maconachie's sermon of Sunday morning will appear to-morrow.
banks from speculation in their From Our Own Correspondent.}{ shares, the latter to protect people from themselves by patting. an end to speculation. Both the Hong- kong and China enactmenta fol-
To be able to state that Japan In H.M. Supreme Court at lowed од periods of: wild
In connection with the forth- Shanghai on March 18 Sir speculation, that in China be. and China are in agreement on coming Peace Celebrations in the Havilland de Saumarez delivered ing the rubber boom of 1910, Nos a one subject is indeed remark- Colony, we are asked to state that able. It seems almost impossible the general scheme of decoration forward purchases of un-puro- tha: I am not criticizing the
beneficence or reasonableness of publish simultaneously the will be on much the same lines as bered shares. The action was Army being limited to 100,000 men, recruited voluntarily for 12 one brought by G.J. T. Morgan. this regulation, it certainly was tion of last year and other related in 1911. That is to say, the whole Sino-Japanese Military Conven- on the occasion of the Coronation against A. C. Mack, in which efficacious in stopping specula- rss Leygues has expressed the opinion that it would be the plaintiff claimed to be in- tion: but what I have to considerarements. As it happens, of the public buildings, offices and dangerous to leave the Kiel Canal in the hands of Germany, who demnified by the defendant in is not whether the legislation was
private dwellings, it is hoped, might fortify it and exclude foreign ships. This view is shared by respect of share contracts made wise or reasonable but whether documents that has not alreadyflags
several will be argistically decorated by the Council, and probably the Kiel Canal will be placed on a fenting by him on the defendant's behalf in order to stop speculation in been published, but the recogni- by red lanterns, the latter to be and in the evening in respect of which the plaintiff shares or for any other reason, France is not get won over to the idea of a joint document became liable in the sum of Tis. [the Minister is empowered by the tion of the principle laid down by arranged in such a manneras will † by the Empress-of Asia ia a con- including a Covenant for a League of Nations in the peace terms. 14,666.235. Plaintiff also claimed Order in Council to make such the Peace. Conference that give the best general. effect. - signment of condensed milk-and- period has been set to the per-especially from verandahs facing chocolate. Two-Chinese found. nicious and dangerous policy the water-front. At least three these delicacies too tempting of secret agreements between lanterns should be placed in they broke open the cases as they Now there is a considerable /¤ations is of value, because the every window or bay; hence amount of confusion as to the People of China with those of the an early estimate rest-be ware being discharged on to the meaning of speculation; it, is world will know the extent of
made Вя to the number wharf, and one of them stole eight often identified with gambling, their national obligations in fu- required. Messrs. Lane, Crawford bores of Nestle's milk chocolate ture. The Sino-Japanese Mili- and Co have already secured a and the other took two of milk and also, two They were caught and this, morning were brought into the Police
similar to Suez Cana).
but it is likely that such a combination will be achieved. Haras.
THE GERMAN COLONIES.
Paris, March 19. Prime importance is attached to the meeting, yesterday after noon, between President Wilson, M. Clemencean and Mr. Lloyd George.
It is understood that M. Clemenceau favours including the
Tbs. 1,834.11 as brokerage.
Mr. D. McNeill appeared for the plaintiff, and. Mr. N. C. Home for the defendant.
In the course of his judgment,
contracts 25 that sued upon illegal.
I
Among the cargo discharged
League of Nations Covenant in the Treaty of Peace. The financial his Lordship said:-The facts of which is quite a different thing.tary Convention was published supply of lanterns on favourable ting and territorial aspects of the Treaty were discussed and there is no this case are simple, but the point A large part of legitimate com- yesterday afternoon, its most imterms, and orders should by sent bares of cigarettes difference of opinion amongst the Allies on what must be done in the to be decided is one of no ordinaty merce depends on speculation portant feature being the ex-in to them without delaş
readjustment of the world's finances between the Allies and Germany and among the Allies themselves.
should Colonies
bø assigned to mandatories,
A League evident that mandatories pre-suppose Nations. Therefore the German Colonies could not be dealt
יי
it
difficulty; it is whether
is
Majesty's Minister has power to
which cannot be said of gambling-tension of the agreement signed. I cannot do better than read the
of
to the action.
the
The general public are asked
one
from the
month's hard labour fr Magistrat, while the other wa sentenced to 2 days impcision- ment and to receive six strokes. of the birch
The Council of Ten is understood to have agreed that the make a King's Regulation which remarks of the Privy Council in as late as February 5th of this to co-operate in making the Court. One of them
being has been pleaded as a defence to giving judgment in Forget var providing for the withdrawal decorations and illuminations a of allied troops from Chinese display that will long be remem Ostigny (1895. A.C., p. 33). The territory and other territory oe-bored in the annals of the Colony. The defendant appears to be in question was whether contracts cupied by these troops on
for the purchase and sale with properly until the League becomes part of the Peace Treaty the habit of speculating in shares of shares as a speculation the European Peace Conference. signature of the peace treaty by gambling. Lord Halsbury in de livering their Lordships' judg-
It is proposed to make public over ment said "It may well be that a dozen agreements, including (the war. The resort that the
two British and two Am. | Chinese delegation has been in contracts for the establishment statement of the Japanese delega
structed not makes reply to the
--Haras.
JAPANESE SUGGESTION NOT FAVOURED.
WOMEN'S LABOUR PLEA.
Paris, March 19.
Paris, March 19.
transactions for
the
profit which he took; he had
erican. The former concerned with the
are
Marconi
That insalt Molo Haptiä (“half- for any respectable Indian Lo dead Indian") is too miquitous of wireless telphones and for wire-tion cocerning Tsingtau cannot submit to One Indian, who,
be confirmed. At any less telegraphic installations.
fate this term was applied to hững. it is known that the by a naughty golf-caddie, railway agreements and the
more transactions for the Decem would be the case, they rose in The latter cover the Siam-Carey Chinese delegates have prepared went into hysterica Hp threw ber settlement, and on these hevestment but speculation. ToGrand Canal contract. These, if such a statement. In this connec
and other Securities which are bought and sold on the Shanghai stock exchange; the plaintiff was Responding to the Japanese suggestion that the League of one of his brokers. He began to the appellant was aware that in
accord equality for ago. of treatment to all inhabitants, irrespective of race and colour, In August last the defendant had the respondent did not intend to Led Robert Cecil said the view of the British Delegation was certain
keep the shares purchased, but to that this would be an interference in the internal affairs of members October settlement and made a sell them when, as he state of League, being outside the scope of the League.—Harus,
value; that his object was nos in
enter into such transactions with such
object
I remember aright, have already tion I may mention that there is ones at the boy, and not con been published, To-day the War John Jordan called from Peking vent to his feelings by using his s movement on foot to have Sirtant with this, he gave further sometimes spoken of Participation Loan Agreement is
in order to be attached to the stick on the näfortunate caddie. change, but it certainly does not
fortnight the newspapers interest-
Conference. His understanding submitting to this indignity, so account by the committee and
Folves any gaming contract. Ation of one agreement daily. escaped suspension and possible contract cannot properly be so
unrivalled, and his knowledge of bafore Mr. G. N. Orme. The expulsion on explaining the situation and giving promissory entered into in furtherance of a the interest which is being taken interests here would make such both parties, ordered the Indian Peking may be taken to reflect what is needed to support. British Magistrate, after listening to notes to the different brokers with whom be had dealt for the commercial transaction to buy a ment for independence which is
speculation. It is a legitimate throughout China in the move
an appointment most useful.
to pay a $5 fine, or, in default, amounts due to them; he also commodity in the expectation that ow convulsing the one time
to go to prison for 10-days.'
*
had a serious loss: The plaintiff called 00 him to take up his shares, but he failed to do so, Mr. with the result that the plaintiff,
Representatives of the principal women's organisations were given a hearing by the Inter-Alied Labour Commission.
BD
14
Gampers, the President, says the reception was a historic landmark.who is a member of the Shanghai gambling on the Stock Ex-being published, and for the next British delegation at the Peace The latter hat no intention of The feminist delegates ask for absolute unification of the laws Stock Exchange, was called to follow that the transaction ined will be swamped by the publica of the Chinese situation, which is, he had the Indian summoned of labour for both sexes, an eight-hour day, a 44-hour week and suppression of night work. In each country a committee of women should be formed.-Haras.
NEW RHINE COMMISSION.
Paris, March 19.
described merely because it is
It is proposed to form a new International Rhine Commission surrendered all the commission it will rise in value, and with the Hermit Kingdom. It goes with took place this afternoon in the
with a French President.-Haras
THE RUSSIAN QUESTION,
S003 TO BE CONSIDERED.
Paris, March 18.
FRENCH SHIPPING.
Paris, March 18.
SPECIAL TELEGRAMS.
By Courtesy of the "South China Morning Pust
STRAITS TRADE RETURNS.
A very interesting ceremony
be had earned on the transactions intention of realising a proft by its out saying that Chinese are in in which he bad participated as re-sale. Such dealings are of every sympathy with the efforts of the Central Park where on the Altar A Chinese who had been broker in the December settle-day occurrence in commerce. Koreans to call the attention of of Earth the Premier, Allied mini-banished from Singapore for life
The legal aspect of the case is the The plaintiff claims that the same whatever be the nature of the world to their sad plight, and sters and members of the cabines was arrested by the Police in the numerous Koreans are now find-drove nails affixing the brass Colony in connection with the defendant is indebted to him by the commodity, whether it being an asylum in this country. tablet to the memorial stone to be theft of a pair of earrings and a
ment.
depreciates force.
M. Clemenceau has received the delegations from the EsthonianWay of indemnity in the amounts cargo of wheat or the shares of a Leaders of the movement are now.placed in the re-erected Ketteler coat which he pawned at two Lettish, Lithuanian and Ukraine Governments, informing them that for which he is liable and for the joint stock company, Nor, agin Peking and are engaged in an pailou which will commemorate diferent pawnshopa. The two
commission earned by him. The do such purchases and sales effort to make known the in-the victory of right over might.! they would be admitted to present their statements when the only defence to the action, which become gaming contracts be-justices and barbarities with which Speeches were given by the Prem- pawnbrokers were this morning Russian question is discussed, in about three weeks' time. Harus. I seriously have to consider, is cause the person purchasing is they charge the Japanese admin-ier, Sir John Jordan, Marshal Lindsell and to one of them the
suramoned before Mr. R. E whether the contracts made by not possessed of
the money istration. Their declaration of Tuan Chi-jui and the Speaker of the defendant with the plaintiff required to pay for his pur for the sale and purchase of shares chases, but obtains the requisite independence is a moving but the Senate. The remark was made Magistrate mid-"What do you dignified statement. In it they that the British Minister's three mean by pawning ear rings from are illegal, because they did not funds in a large measure by
utter scoundrel like He the ask for the righting of the wrong feature of the afternoon.
Iqam in the dock?” The French trans-Atlantic liner Lorraine has arrived at Havre specify the numbers by which means of advances on the security call upon the people to rise and minute talk was the most striking an from New York with 855 passengers.--Haras.
such shares were distinguished of the stocks or goods he has that has been done to a nation spoke in the language compre- -"He had no coat an when in the registers of the companies purchased. This, also, is an which enjoyed a separate exis-handed by the people, not in the he came in."-"That makes tha issuing them. This is a provision everyday.commercial transaction. of the Companies (Bale of Shares.) For example; a merchant who has toboe for forty-three centuries. It high falutin manner of the others, matter worse. You should have
sabse and his utterances were loudly known that he was no good." Regulations, 1915. The plaintiff to pay the price of a cargo puquent statement goes farther in applauded. Garlands of growing He told me that his mistress told contends that the power which chased before Le re-sells it obtains the Minister has to make King's in ordinary course the means of this respect and points out that wheat were placed on the tablet, Regulations does not cover such doing so by pledging the bill of the use of force in any degree but they did not remain long, him to pawn the things." His would defeat the object of those
the souvenir hunters being Worship:-"It was quite clear a regulation as this, that it is lading."
who employ it: Progress and re- responsible for a speedy clear to you that this man was a ultra vires and that he is entitled
doubtful character. The articles are to be returned to the woman It appears then that contracts forms in Korea, as advertised by to recover under the ordinary based on speculation in shares the Japanese, have not been intro- law,
without payment." A similae · are not void in English law, and duced for the good of the people After lengthily dealing with the it follows that the interference of the country, but for the benefit
The inaugural meeting of order was made by the Magistrate powers of a Minister to make with the law of contract which of the Japanese settlers. So over the International Press Club for -the return, by the
the Korean delegates in took King's Regulations, his Lordship this regulation affects is vitra
place оп Monday other pawnbroker, of the jacket. said it seems that the proper con- wires. A somewhat obscure result Peking. They go further, and evening. After the businese In respect to the charge of retur.... struction of the Order in Council would follow from a different assert that the natives
are had been transacted Mr. J. J.ing from banishment, which wes is that the Minister cannot alter conclusion, for whereas a gaming being despoiled of their land and Abbott, the representatative of also preferred against the thi-f A tiger got loose from the steamer Singkee, and eventually the civil law in so far as it is contract is void by English law their rights. Further, their lan- the American group of banks, the Magistaste remanded in
prescribed by the Order, and that and therefore also under the guage is being suppressed, and delivered a brief address explain the allegation of the thief that s the law so prescribed is the law Order in Council, a contract based Korean children are taught in the ing the objects of his visit to of England which is to be applied on speculation on the stock schools that they are not Koreans China. Sir Francis Aglen follow on the occasion of his depola ivi was not told by the interpreter exchange would be good in Ear. but Japanese who emigrated from sd with a few interesting observa-that he was banished for lif.. I have, accordingly, now only to land by English law and illegal in Japan. These facts ought to be tions. The Club has over one
Singapore, March 25. The Straits trade figures for the last quarter show a decrease of 15 per cent.
Imports have dropped a million dollars in value, while exports sbow a 24 million decrease, mostly rubber, in value.
TIGER BREAKS LOOSE IN SINGAPORE.
Singapore, March 25.
soldiers were called out to shoot it,
NEWS BY WIRELESS.
Daily Bulletin Service).
U. S. STEEL PRICES.
•
Washington, March 24. The Republican Steel Industry and Industrial Board and the partment of Commerce have agreed upon new Federal steel Loss, providing for a reduction in the present quotations, including He pig-iron, which are reduced to $25.75 per gross ton, 4-inch teta, $38.52 ; [7] inch billets, $42; merchant bars, $23.50; 104 lb. tee $26.56; and structural steel, $24.50.—American Wireless:
U. S. RED CROSS GIFT TO SIBERIA,
Washington, March 22. American Red Cross has made arrangements to send ards of bath-robing and 30,000 blankets to Siberia, where an actual shortage of warm clothing and cloth American
as far as circumstances admit...
does in fact confict with the law
of contract as it is to-day in England.
British subjects.
ance..
Bence which if it is to administer prove a useful adjunct to press
made known to the
ustice for the peoples of the earth activities. cannot ignore the claims of this down-trodden race.
It is with regret that I have to take a different view of the
JAPAN'S NEWSPAPER POLICY,
It was described by counsel for Minister's powers to that which; Lu Tseng-hring, the Chinese the plaintiff in his opening as he has taken himself; but this is Peace Envoy, is now in Switzer- ‘one which cut right across the not one of those cases where the land on undated sick leave, His ordinary course of business as Court is called on to interfere departure from Paris at this time
In addition to the starting of a carried on in England, and with the discretion of an authority may be a protest against the Japanese newspaper at Harbin therefore one which is not in fentrusted with the power of mak supineness of the Government or under the editorship of a former accordance with English law. ing subordinate legislation; all I against some under current which Japanese member of the Imperial The regulation is founded on an have had to do is to construe an is not visible, from here. Unfor- Japanese-Diet, the Japanese ordinance of the Colony of Hong-Order in Council of great.com-tunately this may give an opening Government has now appointed kong which made contracts for the plexify, sind having come" to the pi
29 Mr. Zamoto, former English sale of shares in joint stock.com- different conclusion to thấp 6) arẻ pamies void, and is practically which he saved, I am bound dentical with it only that the re-give effect to my (gulation makes mob contracts Mr McNM
leght The Hongkong Ordinance mant., it
Eith
-on Leomin ́s FAZ
DON'T FORGET.
TO-DAY.
"Pinkie and the
Theatre Royal 9.15.p.n
Victoria Theatre-9.1 Coronet Theatre 9,
TO-MORROW
| secretary to late Prince Ito, 2 or
of a
Bor