LAND.
WHAT IS ITS VALUE!
Writing in the Daily News, S.
L Bensusan BAYS ————
It has been freely stated that the Government is about to ac- quire large tracts of land in Scot- land for purposes of afforestation, and considerable areas in Eng- land for returned soldiers who wish to settle down first as small holders and finally as free holders. The statements have aroused a measure of comment and suspir- ion-not perhaps without some justification. Many people declare that landowners. seeing the difficulties that the future holds for them, are taking advantage of the present rather Inflated price of property.
Why
a landowner should not sell when prices are high is a question no- body stays to answer: but in truth be is only doing that which given equal opportunity, every. body would be likely to do. "Landlords have passed through very bad times, and most of them End that the proceeds of land sales invested in taxed and sup artazed Government stock yield more than the rent that has been
taxed. supertaxed, tithed and roduced by the demands for repairs.
TWENTY YEARS PURCHASE The landlord is well within his right tp sell. The question we have to ask ourselves. if the Government is going to turn buyer, is whether the present rather inflated price is too high. Should it not be based upon the pre-war rental value, and at most & twenty-year valuation? For the ordinary man who selects estate to fit the title
an
he propones to purchase or becomes 匪 landlord because he hopes for
increase
an
2
of social status by so doing, we may be content to say "Caveat emptor." The State is On different footing, for it is spending the public money. The reason why land is standing at a com- paratively tall figure just now is that the Government has fired high prices for corn: These prices are guaranteed down to the year 1922. For anything we know to the contrary the harvest of 1923
yield crops may
that have to compete with Russia. India. Canada. Australia, the United States, New Zealand, and the Argentine. In this case prices will Fall with a run, and unless wages are to fall with them
a very grievous happening--the farmer will be bankrupt în a year or two. If wages do fali, there can be no economic rent for the hundreds of thousands of new houses, we are promised; there will be no incentive for Labour to remain on the lands at best it will tend to seek the Overseas Do- minions; coltivation must needs decline and land values slip away to the figures of the eighties and early nineties of last
century, when there were plenty
THE HONGKONG TELEGRAPH.
NOTICES.
PIANOS
TO HIRE
FROM
$10.
PER MONTH.
TUNING & REGULAR
ATTENTION INCLUSIVE-
MOUTRIE'S
JARDINE, MATHESON & CO., LTD.
́ENGINEERS & Launch builders.
MARINE MOTORS OF ALL POWERS IN STOCK.
Works:-Pootung, Shanghai
Sole Agencies: Sterling & Evinrude Motors. Makers
"EWO' Motors.
Associated British Machine Tool
Makers Ltd.
BA.B.C. Boiler Enamel.
Rexine Ltd. (Leather-cloth) Edgar Allan & Co. Ltd..
(Tool Steels &c.)
JUST
"Site" Steam Tripijtemperat ira. Į
Regulators &c.
Linotype & Machinery Ltd. Pulsometer Engineering Co. Ltd. T& W. Smith Ltd. (Wire RopesL Imperial Light Ltd
ARRIVED
The undersigned beg to inform the Public that we have just received a New Shipment of Chocolates, Bonbons and Crystallized Fruits, as follows:---
Fruits Glaces
Bonbons Chocolat
Caramels Fourres
Nougat
Bonbons in bottle
and
Extra
in fancy box
11
13
St. Holland Herrings in 10 lb kegs.
THE FRENCH STORE.
HONGKONG TAILORING CO.
THURSDAY, APRIL 3 1919.
Prepaid Advertisements. ONE CENT PER WORD FOR EACH INSERTION.
Ade ·rt'asmenis moi Prepaid shall be charged at the mts of two cents per word
FOR SALE.
situated at Kowloon Paint, Easy terms.
TO BE LET.
A fox 5 roomed Residences TO BE. LET-1 $ roomed house in Conduit Road frosi 1st May next. For part culars apply to
Apply to:
1. ABDOOLRAHIM 14. Queen's Rosa Central
Hongkong, 15th March, 19 9.
H. M. H. NEMAZER,
1. Des Your Road. TO BE LET.-From! 16th April 1919-1 Floor No. 35 Nathan Road, howloon (Dairy Farm Co's premises). Apply to sailing yacht, in good condi. Searstary, The Dairy Farm, Ico tio, new suls. Apply Bar No. & Cold Storage to Ltd. 131 c/o "mongkong felegraph.”
FOR SALE-Bayward Hays
WANTED.
WANTED.
WANTED YOUNG
BRITISHER, well educat WANTEDIMMEDIATELY-ed, seka position. Good ship
with
A CHIEF OFFICE for ping man. Ionversant & BRITISH SHIP. God co-accounting and office routine ditions for the right man. Apply generally. Capable of taking in person to LEO. D'ALMAD charge of department. Apply E CASTRO, Old Supreme Court Box 130 c› Hongkong Tele- Bui ding, Queen's Road Central. [raph."
De away with the Difficult Part of Office Work
BY EXLISTING THE
DALTON
IN YOUR SERVICE
ADDING, LISTING AND CALCULATING MACHINE
MUSTARD & CO.,
& DES VOUX ROAD CENTRAL
TILISHOWE 183
AGENTS in FOOCNOW, ANOY, SWATOW 634 CANTON
BRITISH AMERICAN TOBACCO Co.
MACARONI, PASTE STARS, EGGNOODLES, VERMICELLI,
AND ALL KINDS OF SOUP STUFFS.
ALL or Pats bar the Banter" label and are made from Flour of the Best·
Quality containing a larg percentage of Glaten Starch and Gluten are the Glazen is easier to digest and contains more principal components of Flor. marriment sha Starch Manufactured under the most sanitary conditions.
Large quantities have been exported to various important cities in the Worbl
Terms moderate, especially for Age.cies. Ordem exsented promptly. THE HING WAH PASTE MANUFACTURING CO. LTD. Head Office: "No 47 2 63, Connaugh: Bowl ratral, Hongkoan. Telephone No. 1139 & ANN Principal Factory: No. 73, North Soochow Road, Shanghai, China; Telephone No.3385 Branch Factory: Wise Hing Street, Chaseway Bay. Hongkong Cable Address: “HINGWAIL"
COLONIAL DISPENSARY
CHEMISTS.
effarias held for rates fishes, and LADIES AND GENTS TAILORING, 14 Queen's Road, Central.
and there was no lack of
land that could be purchased at
five or six pounds an acre.
DRAPERS, &c.,
43
No. Ic, D'Aguilar Street, Central, HONGKONG.
Ask for the Original
TEL. 2880.
Against the need of the coun- tryside for prices that will enable the farmer to live and pay the modern, reasonable wage that will enable the village to thrive. and our fine, lost yeoman class 10 be reconstituted, we have the clamant appeal of the industrial must be a heavy fall in prices
centres for the cheap loaf.
Whether
three
Sears
from
now. The
the modern scale authorities know what they pro is going to affect pose to do."
If they are going to let the
GENERAL NEWS.
Foth "r2ofessoZSHIP,
of wages
A: Oxford University recently the need for bread at fivepence or
Congregation, the Statute sixpence it is not for me to con- values go, they have no right to in sider here: whether the Govern- provide a huge State dole for establishing the Marshal Foch ment cansolve the problem by buy- landlords at the expense either Professorship of French Liter- ing the foreign imported corn and of the ratepayer or the soldier ature, founded by Sir Basil selling at a profit for the benefit back from the war, since it is on Zaharoff, was latroduced by the of the home grower all these the back of one of these classes,
President of Magdalen, Sir Her- questions await a wise solution, or both, that depreciation must
At present no member of the fall. On the other hand, if theybert Warren. The professorship, Labour Party and no member of are going to keep the prices up. he said, was to be of the value of the agricultural industry appears some intimation of the truth £000 a year, making it a first-rate The remainder of the able to reconcile conflicting inter-would stimulate the agriculturalhair. ests; and yet it is only by the so- position, and country life gener-income of the fun i was to be lution of this problem that the fair ally. It would attract to the devoted, first, to providing for value of land can be ascertained farming industry and the colleges occasional lectures by disting
or schools of agriculture that nished French savsuta, and, nert, A FALL IN PRICES?
lead to it the class of men whose
to the establishing of travelling If the price of agricultural pro- scientific knowledge and modern
take young duce is to be maintained, an views should in the course of a scholarships to economic rent may fairly be tak-reasonable time enable England students to France." en, as has been suggested above, to compete. unsubsidised, to stand for five per cent. of the only with the foreigner, but with The Lord Chancellor, in a letter capital value. Land that is well the cousin from Overseas to the Attorney-General, states worth a pound per acre to bire Dominions.
may be worth twenty pounds
an acre to buy; and on this
basis you may find, the great
potato and corn lands in very
GIRL STOWAWAYS.
ΣΟΥ
APPOINTMENT OF KC.'S.
that he is advised that the pro- gress of demobilisation justifies the view that a further creation
CALLIN MARTEL
The oldest and one of the best Brandy Houses in the Trade,
SOLD BY ALL DEALERS.
Sole Agents for China"
H. RUTTONJEE & SON.
16 QUEEN'S ROAD
of K.C.'s can be recommended to WILLIAM C. JACK
favoured parts, worth, from fifty The United States transport the King in the first week of to eighty pounds an acre while Louisville has arrived at New April, at the same time safeguard- light, dry, sandy soils may York having on board two girling the interests of those mem- be sold well in bulk for seven. stowaways named Isabel and bers of the profession who have! Nobody is going to sell the best Gertrude Smith, who are cousins, been serving in the forces. Sir They Gorden. Hewart.agrees with the lands, and there should be no and both 19 years old. buyers for the worst. On the boarded the ship at Liverpool. The Lord Chancellor as to the pro- other hand, if the farmer is going girls were detained at Ellis Island to be left to face overseas compending inquiries as to whether posed time.The number of petition unaided, and required to they were aided in their scheme silks" to be appointed this pay the greatly advanced prices, by soldiers. The girls declare me is large, the last general not alone for labour, but for they sought the adventure them-creation having been so far back
fas October, 1914. every article of farm use, there selves.
& 00, 170.
WHATEVER IS WORTH DOING IS WORTH DOING WELL
Is the motto of our Wanehal Workshops They are equipped for:--
General Engineering and Electrical Work Electro silver and nickle Plating
Tinning, laequering and Bronzing
Hepair work of any dierfitione
And above all our prices are right and we can give prompt, dain
NOTICE.
LANE, CRAWFORD & CO.
SPECIAL VALUE IN
MENS' RIBBED COTTON
UNDERVESTS
ALL SIZES $1.50 EACH 34 TO 46°
THESE VESTS ARE MADE FROM A SPECIAL ABSORBANT COTTON.
FINISHED WITH A & BUTTON FRONT, HALF SLEEVES, AND UNTEARABLE NECKS.
A MOST SUITABLE VEST FOR THE
PRESENT SEASON.
COAST ORDERS RECEIVE PROMPT ATTENTION.
LANE, CRAWFORD & CO.
WATSON'S FORMAZONE
(REGISTERED).
A Refreshing. Invigorating and Palatable" Drink. Particularly suited for Tennis, Shooting and Bathing Parties.
PINTS $1.20 PER DOZ. SPLITS 70 CTS. PER DOZ, A. S. WATSON & CO. LTD.
ÆRATED WATER MANUFACTURERS. TELEPHONE 435.
E. HING & CO.
SHIPBUILDING MATERIALS, SHIPCHANDLERS"AND"
HARDWARE MERCHANTS.
25 WING WOO ST.
'PHONE NO. (116.
CENTRAL
FRENCH LESSONS.
G. MOUSSION,
15. Morrison Hill Road.
THE UNITED BRITISH INSURANCE CO., LTD.,
(INCORPORATED IN ENGLAND) Being AGENTS for the abovS COMPANY, we are prepared to issue POLICIES against MARINE RISKS at current
rates,
UNION TRADING CO., Prince's Buildings,
General Agents,
Yorkshire Insurance Co.,
Limited.
ESTABLISHED 1884.
The Undersigned AGENTS for the above Company are prepared to ACCEPT RISKS against FIRE at Current Barre SHEWAN, TOMES & BA
:F
M. Y. SAN & Co., Ltd.
HONGKONG.
HIGH CLASS CONFECTIONERS
AND
BISCUIT MANUFACTURERS,
Well known for beat-Materiais, up-to-date Machinery and Cleanest Work in the Orient,
HEAD OFFICE:
Nos. 12-100 Queen's Brad, Central:
· FACTORY Nos. 441-145, Whitchat Rood.
Branches at Manta, Hingar
Canton, Shina”
Shanghai