NOTICES
Piano
THE HONGKONG TELEGRAPH.
Tuning
TUESDAY, AUGUST 44 1920.
MR. CHAMBERLAIN ON NATIONAL FINANCES.
MR. R. RAMAGE.
European Expert Tuners the principal toast.
at Your Service
Moderate fees, guaranteed work.
We will keep it Place your piano in our care. in first class order for a small yearly subscription,
S. Moutrie & Co., Ltd.
Chater Road.
TO PURCHASE
FURNITURE
of HC. MAKE" maps a prodable investment of lasting contentment. Every RC MAKE" axle carrim with is a fall ganske of ourling gray, brat jemible prize and award entelaci
Lalan
are scouted to you in your passhomes, there is always a powinity ed your unconsciomily beping people to make EXCESS PEDFITS Lo make it and under fre
HOP CHEONG
Mairastante & Exporters of High Grade Formate
33
Telephone No
JAMES STEER.
Re:a. Centr
9, ICE HOUSE STREET. WATCHMAKER AND JEWELLER.
WAS
CHRONOMETERS, CLOCKS, WATCHES AS› NAUTICAL INSTRUMENTS REPAIRED UNDER MY PERSONAL SUPERVISION.
TEL. 2377
OF
TEL. 2577.
BETTWHEN YOU THINK UDDINGS
THINK OF
THE HING WAH PASTE MFG. CO. LTD. (No. 47-48 Connaught Road Central, Hongkong)
MANUFACTURERS
OF
MACARONI. VERMICELLI,
PASTE
STARS, EGG NOODLES &c. RING UP-2230.
JUST ARRIVED
Large fresh Stock
OF
COCOA NUT OIL SHAMPOO
ALSO SELECTION OF HAT DYES THE COLONIAL DISPENSARY
-
14, Queen's Road Central,
Tel. No. 1877.
DEATH OF LEITH SHIPBUIDER.
LAWS IN PALESTINE.
won the
SIR HERBERT SAMUELS FINE IMPRESSION. PAST THE PEAK OF OUR
Mr. Landman, The death took place recently
Genaral DIFFICULTIES. The Chancellor of the Exche at his residence, The Hawthorns, Secretary of the World Zionist who has just quer (kir. Austan Chamberlain), Craighall Road, Leith, of Mr. Organisation, the Governor of the Bank of Richard Ramage who was for a returned to Cairo from Palestine, England (Mr. M. C. Norman) and great many years head of the in an interview with Reuters the Court of Directors, and many firm of Messrs Ramago and correspondent said
Sir Harbert Samuel's great leading bankers and merchants Ferguson, shipbuilders, Laith. of the City of London were the Mr. Ramage, who was in his 87th personal charm has
commenced business in hearts of everyone. A Hebrew guests of the Lord Mayor and the year:
from Lady Mayoress (Sir Edward Leith in 1877 in company with proverb saya."Words emapat- оде man's heart | Ernest and Lady Cooper) at the Ferguson. Both gentlemen were ing
Clyde-bred man, having been panetrates another's." That was Mansion-House recently,
"Prosperity to the Fublic trained in the works of Messes the effect of Sir Herbert Samuel's Purse and the Health of Mr. Barclay, Curls & Co., Glasgow, address upon his audience. They Austan Chamberlain, the Chan and they brought considerable felt he had his soul in his task.
The old administration, which enterprise into their venture at cellor of the Exchequer." was the Fort of Leith.
did not seem to grasp the basis The first vessel launched from of British policy, and whose In proposing it. the Lord Mayor said that more dificult the firm's yard, near the West actions were wittingly or un- problems had never faced. the Pier, in which the business is still wittingly often antagonistic, has Chancellor of the Exchequer carried on, was the Shamrock 1, passed away, and the Zionists! than at the present day. Since which was built for a local arm of feel a new era has really com- menced with a definite object, the war our National Debt had shipowners.
Fora long time Messrs. Ramage namely, the barrying out of the risen to eight thousand millions
& Ferguson held the premier Balfour Declaration. and he thought they ought to
Mr. Landman said he had give their support and not their place in local shipbuilding. la criticism-idear, hear)-to Mr. addition to building many fine motored miles and miles through Chamberlain in that great pro-Passenger and cargo vessels, they uncultivated land crying alond constructed B large number of for husbandry, but the Zionists blem which he had to face.
The Chancellor of the Exche-team yachts, in which trade, up agreed with Sir Herbert Samuel's ner, responding, said that in the till over ten years ago, ther large policy of going slowly.
Sir Herbert said the country midst of all the criticism-some specialised. Many Ene yachts of it. be thought, unfair-thear, of gracefal outline and luxuri-no: only wanted man power but hear some of it, he thought, ous equipment both for home also money power, and he ex- foreign owners, were pacted the Jews throughout the ignorant, but much of it no donb: and honest, and, he feared, not a little launched by them. Since 1880 world to rally to the call for of it justified—he was profoundly the firm not only built the vessels, financial help.
When the country had settled but fitted them with boilers and conscions of the large measure of goodwill with which his efforts gines. Mr. Ramage was one down to regular and progressive were met. Moreover, he felt that of the few remaining shipbuilders economic life less thought would it was alone by that goodwill who constructed composite yachts be given to politics and there amongst men of knowledge and easels built of both wood and would be less scope for uurals influence that he could be sus:iron.) For a number of years alements.
Sir Herbert Samuel, Mr. Land- task Mr. Ramage was prominently diffcalt tained in the
35
which he had to perform. After identified with the public life of man said, was setting a good ex- such the town. He was a member of ample by throwing himself with a great cataclysm
Leith Town Council, and also a characteristic energy into ad- had shaken the
world,
had member of the Leith Dock Comministrative work, and was toil- when the convulsion Bobsided, the working of the vast mission and of the Leith Schooling from early morn till late at
Board.
Dight. forcesofnature rei continued fore
Mr. Landman related two in long time to disturb the ordinary of most those present would be course of human life and activity. desirous of withdrawing as rapidlyteresting incidents which had It was not to be expected that io as possible-bot at the same time spread through the countryside greaty pleased the a few brief months or in a year or had extended the responsibilities and bad two the ravages of war could be bich the Government were ex-Arabs. The first took place when repaired, or bat the minds of pected to fall. They could not Sir Herbert Samuel resched men should settle down again expect to do at the old cost the Jaffa. There an English motor boat was in attendance, but Sir! The into the normal course of their greatly increased work.
Herbert chose an ordinary arabi not immane ordinary peaceful activities. New Government was problems were created. In a few from the common circumstances craft, and was rowed ashore by The other concerned a dozen years there bad worked in politics. of the time. Expenditure, there- Arab boatmen. in commerce in finance, in the fore, though it had been reduced. whole round of our human and though it would be reduced. Sheikhs, who came from Beer- to Sir Herbert activities, a revolation such as must continue at a high fizure.heba, primitively clothed, and was babitually spread over one or The very debt of which the Lord complained more generations, and those who Masor had spoken added to the Samuel that effendis, who were were responsible, whether in Gov-national charges a sum for in dressed in European clothes, ernment or elsewhere, were con terest alone greater than our were given precedence at the re- fronted day by day with problems whole expenditure before the reption of July 7. 1of a complexity and magnitude war.
such as in more normal timesj they met with only once or twice!
Sie Herbert smilingly reminded ibe Sheikhs of their own pro- A noble steed is always
SENSIBLE PROGRESS MADE. But, he asked. Were these re-i verb.
in the course of a year. So it was flection matters of despondency 2 mile whatever its trappings.”
in [no: surprising if those Not to him at any rate. He lain. We have done all that! (circum÷tantts
room looked back on the months that without any violent disturbance, there was
serious financial for criticism, and if the efforts of had gone by, and found we bad without any those who were responsible di travelled a long way successfully.crisis such as has afflicted some We had come through difficult of the competitors who have been not give unmixed satisfaction.
times, even threatening serious pointed out as most dangerous to He looked to the future
A LONG VIEW NEEDED.
He was smenting the other disturbance, sometimes threaten-us." day to a learned friend of his the ing calamity, without disaster of with hope and confidence. In the dicalties of his position. His any kind. (beers.) We bad midst of his troubles. in the friend made an observation which made sensible progress. Let us midst of the difficulties which still struck bim as appropriate. He take accomm of it and draw confronted us. be found himself! said he bad often observed in alencouragement from it. We had more confident of the future of party up the river the zeal and passed the peak of our national that great City of London, more rivalry with which every member difficulties and obligations. We certain that we could bold our begon the downward own in Enance, in commerce, and of the party helped to take bad
from the high levels in industry, than at any previous luncheon baskets out of the punt path and to unpack their contents but, to which we had been forced to moment of his life. (Cheers) when it came to washing up and climb. In the first six months of "So" he said, "we have been repacking there was not equal the year, when account was taken tried in the balance and not found number of of the gold transferred to the wanting Our resources in the zeal or ap equal volunteers. (Laughter.) Well, that Bank of England, the legal tender Great War were the backbone of Alliance which brought| was human natore, and be added currency instead of cort nuing to the
Was
The
"If there is impatience, we who increase had begun to decrease.victory to liberty and justice." are the objects of it would be The gross National Debt instead Our efforts bad secured a tribute foolish to coroplain, but I venture of growing larger and larger had of admiration from critics,friendly to say once more that the work been reduced by 200 millions. or hostile, outside our shores. It we have before us is a work which (Cheers.) The floating debt had was not less true to say that the cannot be done to-day or this been reduced by 60 million courage and determination which year. Each year, he proceeded, More important, if possible, all had been shown by our people in had its allotted task. and they new demands for capital, whether their private attitude and in their were confronted with a task which for public or private purposes, public finance to grapple boldly spread over years. They, the bad been met out of the sings from the first with the immensity members of the Government, the of the people and not by a fresh of our task had given to our credit backers, merchants, and others, creation of artificial credit. Our abroad, both as financiers and es needed to take a long view. It exports had steadily expanded citizens, a reputation which even The courage and sad though any ca'culation of we might be proud to have earned. patience which a long view this particular character was It would be a pity if, because of inspired that they would find the always subject to some doubt and the fluctasting fortunes of the variety of opinion, be day, because of some momentary success which led to the pro-some sperity which was the subject of thought it was true to say that fit of weariness or despondency, their toast. And so they bad four exporta, visible and invisible, wo slackened uur efforts. acted. Much remained to be done. had exceeded our imports, and had sacrifices which we made to-day
the insurances for to been sufficient to find the means were GIGNATIC REDUCTIONS IS EXPENDITURE
to repay the 50 millions of foreign morrow. He therefore asked the To listen to some of the criticism obligations which we had met or country to endure those sacrifices, they would almost think that the to produce the foods to meet it. to make the struggle to-day in expenditure of the Government He thought, at the same time, the order not that those" burdens was much the same this year as obligations of foreign countries might continue for ever, but that, last year: they would suppose to the private citizens of this when there were times of greater that the expenditure next year country had increased. We were difficulty, and when relief was must be as high as it was this getting back some of those ex-needed, we might have made such "But," be added, "we have ternal obligations with which we roduction in our burdens that year. bad gigantic redactions, and I were forced to part during the the relief would be possible, and shall be deeply disappointed and war, and as a result of us of that the Government might then greatly surprised if we are not these things of which he come to the assistance of trade se able to make large reductions had spoken, the Economist ander to-day it naked trade to come to again when we come to frame the number of prices, which had its assistance, (Cheers.) Estimates of next year." (Cheers,) stendily risen from March of last The Governor of the Bank of But the movement of our national year to April of this year, had at England said the object they had lifa, the emergencies which the last begun to show a tendency to set themselves was with as Hitle war had created, bad widely fall. (Hear, hear, extended Government, getfrities
-xtended them futo some Bekin
from which be" and
delay sa possible to attempt to
regain the gold standard, and to and every movement had
tha
NOTICES:
LANE, GRAWFORD
& Cos
MANUFACTURERS and WHOLESALERS.
Fine Upholstered Furniture
Rugs and Floor Coverings
High Grade Mattresses Stoves and Ranges Draperies, Etc.
SHIP COOKING UTENSILS
of Every Description
Dining Tableware in Silver and Steel,
WATSON'S
DRY GINGER-ALE.
FRAGRANT. AROMATIC, DRY.
Its "Dryness" is a feature which has helped to give this drink the popularity it so well deserves. Pints $1.25 Per Dozen. Splits 75 Cts.
ST
A. S. WATSON & CO., LTD.
ERATED WATER MANUFATURERS. Telephone 436.
LAST
OF
WEEK
WHITEAWAY'S
GREAT SALE
Further reductions in all departments
Previous to Alterations.
LOOK OUT FOR THE
HALF-PRICE DAYS
Seasonable goods sacriliced
regardless of
AT..
cost
WHITEAWAY'S
The Cash Firm
HONGKONG
Sale Positively
closes
August 28th.