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THE HONGKONG TELEGRAPH. WEDNESDAY, APRIL 9, 1930.
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QUEEN'S BUILDING..
THE DIOCESAN, BOYS SCHOOL
CRITICAL YEAR IN FINANCIAL HISTORY OF SCHOOL.
The Headmaster of the Diocesan Boys School and Orphanage in his sixty-first report saya:
STUDENTS RIOT IN SHANGHAI
DEMONSTRATOR SHOT DEAD.
Shanghai, Apr. 8. Increasing unrest in student circles due to the Armer at- The most important event of the titude of the Nationalist Govern- year 1929 was the sixtieth birth- ment against Communist activities day commemoration which was resulted in the arrest held from November, 2nd to No- seventeen studenta yesterday in vember 5th. We are very thank the Louza and Nanking Road ful to His Excellency the Gover-district for distributing inflam- nor, Sir Cecil Clementi, K.C.M.Gmatory anti-Kuomintang pamphlets. for his interesting speech on.that
of
occasion: His Excellency refar- The French police later arrested red to the fact that, through no a dozen more. fault of its own, the school löst no This morning a body of students less than $178,000.00 as a result demonstrated in Thibet Road of the. Strike-Boycott in 1925. As scattering Communist leaflets and will be seen from a statement on protesting against the Greater finance the school is in a very Shanghal Municipality's decision to serious position. Anancially, and close the Chizan Middle School be cannot be expected to make profits cause the faculty were reactionaries to cover the annual interest on a and some of the students Com- loan of $175,000.00, The interest munists. The riot squad broke up charged is six per cont, plus two the demonstration, per cent which is placed in a The students later gathered in Sinking Fund and which will wipe front of the Paking Road Cinema: off the loan by 1951,
and attempted to crash the gates The School owes a great debt of to hold a meeting, resulting in a thanks to Mr. E. Stephens of free-for-all-fight with the cinema Chatham, England, for a genera- employees. The demonstrators ous donation of $1,000. Mr. brutally assaulted an employee Stephens is a nephew of the late and a Chinese constable interfer- Mr. M. J. D. Staphons, an old ed and Was assaulted. His resident of Hongkong.
truncheon was wrested from him, whereupon the constable drew his revolver, which a demonstrator also attempted to wrest from him. The constable fired and the de- monstrator was instantly killed and another was slightly injured. A police squad arrived and dis- persed the mob, arresting six- Reuter
Salaries,
As Headmaster, I feel that, in fairness to the stuff, I must men- tion that the salaries for the home and local staffs are these fixed in 1919 to 1922. The home staff is paid at a two shilling dollar and nas received no compensation for loss in exchange and for the higher cost of living; the pension schemic is inadequate and the school has never been able to af ford a second married master on the staff. There is no pension scheme for the English lady ten- chers and the local staff.
The Committee.
Mr. T. G. Weall resigned on his departure from the Colony in March.
:.
AUSTRALIAN NAVY.
DRASTIC ECONOMIES TO REDUCE COSTS.
Melbourne, Apr. 8. Drastic naval economies are con- templated in the Federal Govern- ment scheme which is now being considorod.
The scheme involves the discharge The Hon. Mr. B. D. F. Beith, of 500 additional ratings and the re the Hon. Mr. W. E. L. Shenton and duction of the fleet in commission Mr. L. Forster became members into two cruisers, one aircraft carrier, March.
and one destroyer, making a saving of £700,000-Reuter.
During the absence on leave of Mr. F. S. Cassidy, the Headmaster was appointed to act as Correspon- dent and Secretary.
Three Old Boys, the Hon. Mr. R. H. Kotewall, CẦM.G., LL.D., Mr. Chau Yue-teng, J.P., and Mr. J. M. Wong, J.P., and one parent, Mr. Wong Kam-fuk, J.P., became mem. bers in October
Finance.
The following is a summary of our financial position and of the expenditure to be met in 1930:
Local Unpaid Bills, including the Contractor $52,052.72.
Liquid Funds Available: Sundry: Debtors, $2,188.40; Cash in hand $17.024.20; Reserve Fund Balance in Mortgages $10,000.00; $29,-
212.60.
Interest on Government Loan, $14,000.00; Less Estimated profit an School Working, $3,000.00: $11,000.00.
Estimated deficit in Cash, 31-12- 1930 $33,840.12.
The year 1930 will be one of the most critical years financiallyin the history of the School; it hasi "weathered" many crises and we trust to our supporters and to local help to assist generously in 1930.
The Balance Sheets will, ов usual, be printed and circulated to Subscribers. The annual suba-j cription list for the support of or- phans does not cover the cost of clothing and books; the orphans receive their board and education at the coat of the School. It wouldd be of great assistance if we could receive more financial help. an- nually for this side of our work. Our thanks are due to hil 'subscri- berg to this and to other funds. The Hongkong Benevolent Society have kindly paid-for part of the cost of five boys sent to the School by the Society.
•
Endowment Fund.
The Jubilee Endowment Fund, received $31,072.00 in 1928-291) Some of the donations were given for special purposes and not for Endowment; after these donations and the fund's expenses have been paid the amount in hand 'is' $24,- 167.84. Money is still being sub- scribed. There will be some-tex- | penses in connexion with the pub- lication of the History and He cords of the School which will be printed in April 1930. It la próé posed to close the fund on Jure | 30th, 1930.
ONCE
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FIAT GARAGE
67, Des Voeux Rd. C. Tel: 4821
TEA CROP OUTPUT.
RESTRICTION IN BATAVIA.
Batavia, Apr. 8.
As a result of a telegram from Holland that Ceylon and British India could not possibly maintain
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their present promise to restrict utmost to induce members to in- the output of tea unless the crease restriction to 10,000,000 estates in the Dutch Indies pounds instead of.7,500,000 as ot guaranteed a restriction of ten present, and meetings to discuss Der cent, the Association of the question have been culled at Owners of Dutch Indian Tea Bandoeng on April 10 and Batavia Estates "are" again ́ doing their Lon April 11.-Reuter.
OVER
36,000
LINKS EVERY WEEK!;
THE CONNECTING, LINKS BETWEEN THE MER- CHANT AND HIS CUSTOMERS ARE THE DAILI MESSAGES MADE POSSIBLE THROUGH THE MEDIUM OF
NEWSPAPER ADVERTISING
THEIR SUPREME IMPORTANCE
LIES IN THE FACT : THAT THEY ARE THE
DAILY LINKS.
THE
SOUTH CHINA MORNING POST
AND
THE HONGKONG TELEGRAPH HAVE THE
LARGEST CIRCULATIONS
OF ANY FOREIGN DAILY MORNING AND AFTERNOON NEWSPAPERS THE COLONY OF HONGKONG
Based on the First Quarter of 1930, the joint circulation of these two newspapers averaged 30, 300 copies every six days!
We gladly invite advertisers to call at our office for verification of these figures
When a Merchant is buying Merchandise, he must, know how many of a certain line be gets for a cer tain sum.
* Why not insist on knowing how many Contacts you may make when you are
BUYING ADVERTISING!
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