THE HONGKONG TELEGRAPH.
MONDAY, MAY 11, 1925.
BANKS.
BANKS.
SHARE QUOTATIONS,
Sharebrokers' Association.
Stock Exchange.
Banks
I.E, & 8. Bank
b. 1225 sa, 1230
£139
(London)
Chartered Bank
Marcantile Banks A & E
Mercantile Banks 0
P. & O. Bank
Bank of E. Asia
Canton
China Underwriters
Union
Marino Insurances.
NorthChina
Yangtze
China Fires
H.K. Fires
Indos (Prof.)
Douglases
H.K. Steamboats
H.H. Tuge.
Indos Def. Lon/Reg.
Indos Def. H.K. Reg.
Sholl
Farrles
ΠΟ
340
$140
276
.46
Fire Insurances.
200
Shipping4
b. 1225
a. 1930
30.
b.
S'hai Explor. New Issue
Docks Wharves, Godowns &c.
Water-bonta
Oriental Navigation
265
Refineries.
63
China Sugari
65
Malabon
Mining.
Bongael Censo!.
677-
Kailan
Langkats Combined
241
3.30
Roubs
54-
Trenchs
Ural Caspians
群。
H.K. Wharves
...
109
K. Docks
1201
Hongkow WharvOS
Д.
200
Shanghai Docks
Now Engineerings
ບໍ່.
9
b.
1304
H.K. Hotels (eum ris.)
b.
167
Do. (New) Prom.
H.K. Deveopmenta
b.
90cia.
H.K. Lands
b. 95.
L.
96
H.K. Realty
4.65
21 A. 3
h
201
150
Cotton Mills.
1.
3.80
67
F.
11.
Miscellaneous.
.
Lands, Hotels & Buildings.
II.K. Territories
Humphraya Estate
Princos Building
Eno Cottons. Orientals Bhanghai Cottons Old Shanghai Cottons Now
Canton Icon
Comenta (cum. rts.)
Do.
**
||
n.
b. 120
1.
$
b. 70cts,
བྷཱ བྷཱབྷཱནཊྛཱཎྜ ཋཱནྟུདྡྷs ê3 a⌘ལ ཆོeཡྻུཾ ཨྠ8e བྷྱཿསྶ ཨཁོ ཛྫུ མདྡྷིąཨཱམཱཏྟཱ རཱདྷཱ8, ཨབྷཱབྷཱུཙྪཱ dageརཱུབྷཱུཀྐཱབྷཱ7 ¢aa© ཋསྐྱུའིསིi
15:30/
a. 75ucts
1. 94. 042185
b.
20
n.
Do.
(New) Prom (Com?)
H
China Buses
China Light
Do.,
Do.
Do.
Old, New (Com.)
Πιο
* 331
10.
China Providenta Old
Now
Constructions
334/332
15.10
261
(p.p.)
b. 81. 80/35
851
10.
B
n.
h
5.
Ola
b.
Now
Old
Now
Dairy Farme
Der A Wing (p.)
Dr.
Electrica H.K. Electrica Macso
Hongkong Ropes Old
H.K. Ropes (Now) Prem. Ropes (Combined)
Hongkong Tramways
Lane Crawfords
Mackintosh
Peak Trams,
Peak Tras
Sincerc
Taxis
Watsone
Wm. Powells
Nanyang Tob
Hongkong May 11, 1925.
SHIPPING NEWS
ཐ
...4.65
28,80
14.
.
The following' local shipping and mail intelligence has been
corrected to noon to-day:
Vessel
Jason
Agents PS -
Ајах
Tanda
Talamba Tarken Dentar
Hindenburg Pres. Jefferson Pres. Fierce Penang M Taito M.
Vessels Arrived.
MM & Co.
MY M"
Mojokers & Co.
From
Hankok via S'hai
New York via Dalny Melbourne via Manila
Kobo via Amoy Haiphoug
Bremen via Manila-
R. Brockoiman & Co. Hamburg via S'pore
A O Lino
Pacific Mail
NYK.
YKK
Koyoi M.
Tauyama M,
OSK NYK
Manita
Yokohama via Moji Koalung
Kobe via IloBo
Osaka via Moji
Destination
Date.
11th May.
Impending Departures.
(Compiled from our Shipping Advertisements.)
Tokushima M.
Manila Colomba
ATO
Swatow
Vessel
Leesang
Hatching.
Agents
TM & Co.
NY K
Kwaisang
Alipore.
Kwongsang Tango Maru Kmusang Kawachi Maru
Em, of
Takliwa
of. Canada Takenda
Yakohama M.
Hain
Yuenang Sardinia
Kalyan Sicilia
P&O
NYK
NYK
C'P'S Ld.
-Vessel
Em. of Canada
Takada
Kalyan
Kitano M.
Em, of Brasia
BANKS.
THE CHARTERED BANK OF
HONGKONG AND SHANGHAI NEDERLANDSCH INDISCHE HANDELSBANK INDIA, AUSTRALIA & CHINA.
BANKING CORPORATION.
"HEAD OFFICE: HONGKONG,
Authorised Capîini '-
Issued and Fully Paid-up
Reserve Fund
2.4,500,000
$26 600.000
Reserve Liability of Proprietors
Sterling- Bilvör
$50,000,000 $20,000.090
$20,000.000
COURT OF DIRBOTORS: G, M. Young, Esq. Chairman HP. White, Esq. Deputy Chairman
a
B.D.F. Beith, Esq Hon. Mr. A.O. Lang W. H. Boll. Esq. W. L. Fattenden, A.H. Compton, Eat. J.A. Plummer, Esq. Hon Mr.P.H.Holyoak T. G. Woall, Esq." Chief Manager
ן,
A. H. Barlow, Esq. Manager: 6banghai-G. H. Blitt, Esq.
LONDON BANKERS: WESTMINSTER BANK LTD.
Established 1863.
Paid-up Capital and Reserve Food Gids... 76,500,000 £6,375,000 HEAD OFFICE-AMSTEKDAM EASTERN HEAD OFFICE-BATAVIA.
BRANCHES :
50
THE CANTON INSURANCE OF ICE LTD.
NOTICE TO SHAREHOLDERS
THE
THE Forty-fourth Ordinary General Moeting of Share- [Incorporated by Royal Charter 1853.)
holders will be held at the of the undersigned £3,000,000 Offices Paid-up Capital. Reserve Fund
£4,000,000 on THURSDAY, the 14th 1985, at Noon, for Reserve Llability of Proprietors£3,000,000 May
Foreign Exchange and General Banking the purpose of receiving the Report of the, General Agents, busincas tramancled.
Current Accounts opened and Fizod together with a statement ef Deposita received for 1 year or sharter periods at rates which will be quoted on Accounts for the year ended the
31st December 1924. application.
A: H. FERGUSON,
Manager...
Amoy, Ampenan, Bandoeng, Bombay, Calcutta, Cheribor, Gorontalo, Hongkong, Kobe, Makassar. Medan, Menado, Palembang, Pekalongan, Probolinggo, Rotterdam Semarang, Shanghai, Singapore, Soerabaya, Swatow, Tegal, The Hague, Tilasjop, Weltevredeni
LONDON REPRESENTATIVE -F. 8. Wright, 27, Old Broad Street, London, E. C. 2.
CORRESPONDENTS: LONDON-Midland Bank, Ltd., Overseas Branch, Westminster Bank, Ltd., Foreign Jiranch. N. M. Rothschild & Sons and Swiss Bank Corporation.
NEW YORK-Chee National Bank, Farmers Loan & Trust Co., Irving American Oriental Mail Line. 1925, both days inclusive, Bank-Columbia Trust Co...Goldman, Bacha & Co., New York Trust Co.
And in all the principal towns of the world..
EVERY DESCRIPTION OF BANKING & EXCHANGE BUSINESS TRANSACTED. CURRENT ACCOUNTS, DEPOSITS, etc.
CURRENT ACCOUNTS open- od in LOCAL CURRENCY and FIXED DEPOSITS received for THE
one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.
Hongkong, 21st. Feb., 1924, ?
HONGKONG SAVINGS BANK,
The Business of the above Epak is conducted by the HONGKONG AND SHANGHAI BANKING" CORPORA TION.
Rulan may be obtained on
application.
INTEREST on Deposit is calculated
on the lowest balance during each com pleted Calendar Bonth at 34 per cent per annum. Should there be no balance on month so interest will be
any day, in
allowed for that month.
Depositors may transfer at their option Balance of $100 or more to the HỒNG. KONG AND SHANGHAI BANK to be
places on FIXED DEPOSIT at CUR RENT RATES.
For the Hongkong and Shanghai Bank-
A. H. BARLOW,
Chief Manager,
ing Corporation.
Hongkong, 7th. January 1925.
司公理管業實法中
FRANCAISE DE GERANCE.
SOCIETE
DE LA BANQUE INDUSTRIELLE DE CHINE. ETABLISSEMENT FRANCO CHINOIS.
(Incorporated in Francs).
5, Chater Road, Victoria, Hongkeng.
HEAD OFFICE :
74, Bus St. Lazare, Paris.
Capital Francoi Reserves Franc
BANK OF EAST ASIA,
LIMITED.
HEAD OFFICE-HONGKONG.
Authorised Capital Paid-up Capital' - Reserve I und
DIRECTORS
$10,000,000 5,000,000 1,000,000
Hon. Mr. Chow Shou Sob-Chairman.
Li Koon Chu
P.K. Kwok
Ng Obing Luk Pong Wai Ting
Mok Ching Kong
P. MARKS,. Manager.
INTERNATIONAL BANKING CORPERATION. ·
The Steamship
"PRES. JEFFERSON" having arrived from Manila on 8th. May 1925 consigness' are bereby notified that, their carge le being landed at their risk inte the hazardous and/or exiro' hazardous godowns of the Hong- kong and Kowloon Wharf and Godown Co., at Kowloon, and stored at consignees' risk.
Consignees of Cargo must pro Oapital & Surpivs U.S. $1,000,000 duce an Import Permit signed by
(Owned by the National Oily Bank of New York).
HEAD OFFICE:
wall Street, New York.
LONDON OFFICE: Bishopsgate, E.0.
BRANCHES 1
Panama Peking
Puerto Plato
Bancisco, Cal.
Fung Ping Shan
Wong Yun Tong."
Huyuh Tail
Barahona
Kan Yan Po
Chun Ching Blok
Barcelonu. Batavia
Canton Cebu
San Ban
Colon
Dairon
Bankow
Harbin
Hongkong
Kobe
of Banking and I Bombay Every description Exchange business transacted-Loans Calcut granted on approved securities.
CAFE DEPOSIT BOXES to lot.
KANG TONG PO
Chlef Manager. Hongkong, 16th. February 1825.
NEDERLANDSCHE HANDEL MAATCHAPPIJ. (Netherlands Trading Society), BANK.
1
Francisco de Macoria San Pedro de Macoría Sanches
Santiago de los Caballeros
Domingo
Singapore
Souronbaya
Tientola
! La Vego
Tokio Madrid
Yokoham Manila
Commercial and Travellers Letters of Credit, Bills of Exchange and Cable Current Transfers bought and sold.
Bank accounts accounts and Savings opened and Fixed Deposits in local and foreign currencies taken at rates that may be ascertained on application to the Bank (£12,500,000) We are also able to offer our Customers 80,000,000 the services of Branches of the Nationa (£6,666,670) City Bank of New York in the principul 20,046,032 countries of South America and in the (£1,670,429) Weat Indies."
Established 1824. Hongkong Branch established 1906. Authorized Capital Guilders.150,000,000 Paid-up Capital Ouilders: Reserve Fund Guilders.
Special Reserves Guilders 22,660,000 (£1,888,230)
HEAD OFFICE: AMSTERDAM. Eastern HEAD OFFICE-BATAVIA,
BRANCHES! Bandjermanin Kota-Radja Rotterdam Macanaura Samarang Bandoeng
Shanghai Padang Bingapore Palembang Soerabain Djember Pecalonan Sonrakarta
Tegal (Sale) Djakjekarta Penang Kobe
Pontianak Tilatjap and
Weltevreden Rangoon The Hague
London Bankers-National Provincial Bank, Ltd.
Bombay Medan
$10,000,000.00 Calcutta .....$10,790,000.00 Cheribon
Working fund provided by
THE BANQUE INDUSTRIELLE
DE CHINE
Frenca 50,000,000
BANKERS
FRANCE Societe General Banque and Nationale de Credit, Banque de Paris et des Pays Bas
LONDON-Midland Bank Ltd. NEW YORK-Irving Bank, Columbia; Trust Co.
Every description of Banking and Exchange Business Transacted. Corre-
pondents throughout the world.
· M..M. FITZ-HENRY,
Hlanugor.
#
ORIENTAL COMMERCIAL BANK, LTD.
FLEAD
OFFICE: 60. Des Voeux Road Central Hongkong.
BRANCHES BANGKOK-
SHANGHAL
Correspondents: London: West. minaler Bank, Ltd; New York: National City Bank; San Francisco: Union Trust Co. of San Franciaco; Canton Back. Authoripod Capital Paid Up Capital
..$5 000-000 $1-500,000
Modern banking in all its branchos Current accounts savings accounts and fixed deposits solicited. Leune granted on approved security.
Overseas banking a speciality. INTEREST-Current accounts 2 per cent gavings 4 per cent, Fixed Deposits,
Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION.
M. J. HERBSCHLEB,
Agent.
THE P. & -0. BANKING CORPORATION, LTD.
(Incorporated in England 1920) With which is affliated THE ALLAHABAD BANK, LTD. INDIA.
£5,000,000
Authorized Capital........ Subscribed and Paid-up£2,694,160 .. 135,000 Reserve Fund......
1
1
HEAD OFFICE: 122, Leadenhall London EC. WEST LONDON BRANCH: 14-16, Cockapur Street, London S.W.I. EASTEEN BRANCHES : Bombay, Calcutta, Karachi, Madras, Colombo, Singapore, Hongkong, Cantor and Shanghai. The Corporation undertako "General Banking and Exchange Businem of overy description and is addition to its Branches hus Agencies in all the principal cities of
the world.
L: E. HOPKINS, Manager..
3 months 4 per coat, 6 months 44 par 22, Des VaragRoad Central. Hongkong. cent, ona year 6 per cent.
Safe Deposit Boxes for Rent.
Our Vaulta safeguarded by time elooks and double combinations.
Armour plate stool doors.
J. Y. LUM.
Manager.
BANQUE DE L'INDO-CHINE
(BRANCH BANK.)
13.
--
"
HEAD OFFICE: "86, Boulevard Hausmann, Paris...
Saillag
12th May.
12th
12th
12th
J M. & 'Oo.
Bombay Shanghai
13th
13th
Yokohama
14th
Shanghai
14th
Kobe
15th
Calcutta
15th
J M & Co.
Vancouver Swatow
15th
15th
P&O NYK
Kabe Vancouver
15.h
THE BANK OF CHINA.
15th
Capital Paid-up Capital
Reserves
Di.Co
Vancouver Swatow Bangkok
15th
16th
P&O
P&O :
Bombay Shanghai Kobo
161
4.
16th
16th
Authorized Capital
Paid-up Capital
BRANCHES, & AGÈNCIES':
Hongkong Bankok Battambang Mongtse Noumea $60,0x0,000.00 Canton $10,278,600.00
T'appola Djibouti
Resorvo Funda.
HEAD OFFICE
Poom-Penh Pondicherry Yunnanfu
BANKERS:
Impending Arrivals.
(Supplied by our Advertisers.)
Agents
CT Bil.d.
P & O
PŁO
NYK
OPSL.
Manila
From
Singapore
Singapore
London
Shanghai
Consignees Diary.
Due Hongkong
12th May
13th
14th
19th
10th
(Compiled from our Advertisements.)
Vessel.
Rosandra
Goods Agents
Stored
D&Co, Kowloon
Examina- tion Date
May 13,
Free. Claims
to be Storage Expires in by
May 23 May 131
Steamers' Movements. Mantna from Hongkong arrived London on the 7th May 10 a.m. Empress of Asix arrived at Yokohama on the 6th May, p.m. left Yokohamis on
the 9th May, p.m. and is due at Vancouver on the 18th May.
Taiya Maru called from Shanghai on the 8th inst. 7 p.m. and will be dus at Hongkong Monday 11th inst, 8's.m. (not 10th as previously advised).
(Specially authorized by Presidential Mandate of the Republic of China on the 22nd of November, 1917.) -
Frs. 72,000,000.00 Fr. 63,400,000.00 Fr. 69,667,283.64
G. HOGG,
Manager.
Queen's Read Central, Hongkong.
THE BANK OF CANTON LTD.
Head Office Hongkong.'
Authorised Capital.......
Paid Up Capital.........
Silver Heserve Fund.....
£1,200,000
£1,081,875
8-700,000
Foreign Exchange & General Banking business transacted.
Intercat allowed on
CURRENT ACCOUNTS.
2% per annum on daily credit boinners of over $100.00:
SAVINGS
4% per annum DEPOSITS
for 12 month 5% per annum
6
11
on Demand
75
30% 2% per annum «
BRANCHES: Canton, Swatow, Shanghai. Hankow, Bangkok, New York and Sati Francisco.
LONDON BANKERS :-The Lloyds Bank Ltd.
LOOK POONG SHAN, Chief Manager.
"THE YOKOHAMA SPECIE
BANK LTD.
Established 1830. Capital (fully paid up)......Y. 100,000,000 Beserve fund..
Y. 80,500,000 HEADOFFICE -YOKOHAMA, Branches and Agencies at
Koho
London Bombay Batavia Baenos Ayres Lyoha Calcutta Los Angeles Boattlo
Changchun
!{Dainy) Dairon
Fangtien
Mukden
Hamburg
• Hankow
Ilonalulu Harbin
Soerzbaya Rangoon San Francisco
Manila Nagasaki
Nagoya
Shangha Bingapore Shimonorck
Tientsin.
Nowchwang Sydney
Canya
New York Tokyo
Peking Teinanta
Rio do
Janeiro
Kai Yuen Saigon
Tringtqu Vladivostock
Interest sllowed on Current Accounts. Deposita received for fixed perioda a
Mt." C. ARIMA, ates to be obtained on application. Manager. Hongkong, March 11th 1925.
THE HO HONG BANK, LTD.
Saigon Shanghai Bingapore Tiontain $9,629,476.24 Haiphong Peking Tavistock (Incorporated in the Straits Settlements.)
Tourane
PEKING.
HONGKONG BRANCHES : 4, Queen's Road Central, Branches and Sub-branches all "over China nud correspondents in Europe, America and other parts of the World.
LONDON DANKERS-The National Provincial and Union Bank of England Ltd.
York,
The Quaranty Trust Company of New NEW YORK BRANCHES-The The Equitable Irving National Banice. Trust Company of New York.
Intorent allowed on Carront Accounts and Fixed Deposits. Terms on applica
tion.
"Every description of Banking business transacted.
Loans granted on approved securities. Bpretul facilities for Home Exchange.
PEI,
anugor.
Hankow Hanoi
CAPITAL:
...$20,000,000
4,000,000
8,000,000
Authorised Capital National Issued In FRANCE:-Comptoir
Credit Paid-up Fario; d'Escompte do
600,000 Lyonnain; Bangus de Paris et des Reserve Funds of share holders 4,000,000
et Reserve Funds ...... Pays-Bay: Crodit Industrial
HEAD OFFICE: SINGAPORE Commercial; Societe General.
Branches Agencies and correspondents the principal cities of the world.
HONGKONG BRANCHES · 13, Quaco's Rond Central..
In LONDON -The National Pro
vincial and Union Bank of England, Ltd Comptoir National d'Escompté de Paris, Credit Lyonnais.
la NEW YORK. P. Morgan & Co. Interest allowed on Current Accotate and Fixed Deposits according to arraigo. meet.
Every description of banking and exchange business transacted,
A. LECOT,
Manager.
in
Every description of Banking, Exchange business transacted.
LOCAL BOARD: Mr. Ko Long Hoo (Chairman) Mr. Bu Palt Ming Mr. Ng Chang Luft.
Manager: Mr. IIan Liang Hungg.
Telephone Nos. 0.4586 and 4607.
the Superintendent of Importi and Exports, Hongkong, before Bills of Lading will be counter signed.
All broken, chafed & damaged cargo is to be lafoin the godowne, where it will be examined at 10 a.m. on 13th. May, 1925, by the Company's Surveyors, Maisre Anderson and Ashe.
All claims must be presented within thirty days of th steamer's
arrival here, after which they cannot be recognised No claims will be recogniso: after the goods bave left "the. godowns, and cargo undelivere on and after 16th. May 1925, will be subject to rent.
No Fire Insurance whatever- will be affected.
J
Consignees are requested to send in their Bills of Lading fo countersignature immediately.
LINE, AMERICAN ORIENTAL MAIL
operated for tho United States Shipping Board Emergency Fleet Corporation
by
ADMIRAL ORIENTAL LINE
4, Des Voeux Road..
|
Tho Share Rogistor and Transfer Books will be closed from the 1st to the 14th May JARDINE MATHESON
& CO., LTD.
General Agente.
THE EAST ASIATIC CO., LTD COPENHAGEN.
The M/S
'AFRIKA ' having arrived, Consignses of cargo are hereby informed that all goods are being landed and placed at their risk into the hazardous and/or extra hazardous Godowns of the Hongkong and Kowloon Wharf & Godown Co.. ba Ltd., where delivery can obtained as soon as the goods are lezided,
No claims will be addmitted after the goods have loft the Godowns and all goods remain ing undelivered after the 18th. of May, 1925, at 4 p.m. will bo subject to rent.
chafod and All Broken, "damaged goods are to be left in: the Godowns, where they will be oxamined by Messrs. Anderson & Aske on the 16th. of May 1925, at 10 a.m.
All claims against the vessel must be presented to the Under- 21st of signed before the May, 1924, or they will not be recognized.
No. Fire Insurance will be effected.
Bills of Lading will be coun ..tersigned by
JOHN MANNERS & CO., LTD.
Agents. Hongkong 10th. May, 1925.
"
EARLIER TELEGRAMS.
OBITUARY.
London, May 9:
The death is announced of the Duke of Rutland,--Reuter The late Duke of Rutland, the "eighth of the line, was Hon. Colonel of the 3rd and 4th Battalions Leicestershire Regiment, 1897, and President of the Leicestershire Territorial Association since 1908. His many, appointments in the County included that of Lord Lieutenant, He was educated at Eton and saw service with the 3rd Battalion of the Leicestershire Regiment, in which he was Captain. He was principal private Secretary to the Marquess of Salisbury, 1885-86 and, 1886-88, and was Conservative M.P. for the Melton The Duke owned Division of Leicestershire from 1888 to 1895. 18,000 acres of mineral land in Leicestershire and Derbyshire.
Wellington, May 10.
The death is reported of William F. Massey, Prime Minister of New Zealand-Reuter.
[The Right Honourable William Fergusson Massey has been Prime Minister of New Zealand since 1912, and was the only War Premier within the Empire, who still held power. He was horn at Limavady, Co. Derry. In March 1856. He went to New Zealand in 1870 to join his parents who had emigrated with the Nonconformist settlers in 1862. There he grew upon the farm, at the same time taking marked interest in local government affairs, and at different times held, office. In 1894 he entered the New Zealand' parliament as member for Waitemata, and had been member' for Franklin since several occasions, among 1896. He represented the Dominion on them the Peace Conference at Paris in 1919 and the Imperial Con- ference of 1921. He was a Grand Officer of the Legion of Honour and of the Order of the Crown of Belgium.]
MISSISSIPPI DISASTER,
Memphis, May 9.
A mysterious disaster, believed to have resulted in the drown- Middle Southern States ing of twenty-five members of the Associations of Engineers, occurred in an isolated section of the" Mississippi only reachable by water, when the Engineering Corps tow boat sank. It is supposed the boiler burst.
"ut
Later. An official statement says twenty one were drowned. The to the towboat, with fifty aboard, returning from an excursion Engineering Convention, suddenly started inexplicably to rock and capsized and sank. There was no explosion and no panic.
The
Passengers in the capsized boat, included women and children, the families of the members of the Engineering Convention. 'disaster occurred at one of the worst stretches of the river, where the current was very swift. The boat had been sting for some time and the rudder refused to work. A negro, passing by on motor boat, picked up the survivors, otherwise the death roll would' have been heavier, Reuter's American Service.
ני
ESSENTIAL CONDITIONS FOR ATTAINING SOCIALISM.
Moscow, May 9. "Pure Inventions." Thus Trotaky stigmatised the statements of foreign newspapers that he favours a bourgeois democracy and freedom of commerce. Trotsky, in a statement on the subject upholds. the Soviet system of dictatorship by the proletariat and monopoly of foreign trade" as essential conditions for attaining Socialism. He adds that the campaign for Socialism ought to be carried on and without abrupt change by methods suited to pensant economy and psychology. "The course of history confirms the essential principles of the proletariat revolution."
L
He concludes that further development in England, concerning which he was preparing a new book was incompatible with economic, and political conditions created by bourgeois and Parliamentary demo- cracy.-Router.