1912-04-20 — Page 3

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ring it will be renerally conceded that anyone who obdanvours, to extraut comfort and consolation from the nation') disaster of coal strike is performing a patriotia and evens humane function, especially if his taak be poo, merely a sonti- mental exercise in Mark Tapieyam. And the thing can be done. Nay, it is just possible that the national goal strike of 1913 may turn out to be not** the blackest page in our history, but quite a cheerful little footnote.

I venture first to offer the consolation that even if the strike sanda up, and pers manently, the price of coal, we shall manage to adjust ourselves to the calamity, redeem it, and, finally, profit by it. Now, I subscribe to no auch Escal heresy as that duarnes in in. Itself, a desirable attribute of any commodity-excent, perhaps, sweet alampagne. It was once said. (in the slementary stage of a controvery that survivos merely to show the longevity of beresien) that bread was tjoulously cheap

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Asquith himself might guardedly say) 2.99% op in price, then the potters will begin to land inventive engines who show them how these ware acientifically and without blac neighbourhood with the waste prode imperfect combustion. The iron, steel,

and that poor people would appreciate if giant trades have already shown their it more if it were taxed the proof of respect for the reas of coal by adopting which proposition lay in the notorious ciro regenerative furnace, and I do not know, in how many millions of shipping" cumstanco that, at diaper-partion, go stikl who do not quite know what next to manage the Howden fumed draught cons to their neighbours crumble it "between But in the minor Industries and our omises this most priceless gift of nature.

the courses. But it is no more desirable

own daestio hokiths the waste in no that goal should be a shiling an buntesterly Indefensible that even the mics. than that wheat should be a shilling a

orthodox economical doctrine would be quater desrer than it need be. There is listed by any development that not however, this difference between wheat higher value upon the priceless carbon. and cool, between the staff of life and the And one result of the coal strike may life-giver of all our modern civilisation be that our domestic open firew will have to that heat from now onwards till the go, and that architects will begin to provide exhaustion of Mother Earth, may be for a central system of heating for any produced we long as men sow it, bab for house, above a cottage, and that our fire coal there is no seed-time and harvest, but grates will be retained only for the lezhry only the harvest. And we are & Bow of decorative log-fire. Another reelt may ping, in civilisation, the harvest sind be a stimulas, not only to our inventiva was sown for and in myriade of ages ago, capacity, but to the rendines with which at a stage in Mother Eartka svelation ; we shall be propared to listen to the maven- when civilisation could no more have been tois who have already devised wonderful predicted than the human coitmit. Andre, installstime for obal-laying, but who ad when I speak of the consolation et amse in dress dull eat cause, tallacionaly, it the price of cont as the result of a cational secus cheaper to throw much coal on firs strike, and suggest that bane and antidote furnace freely, than to instal some systema will here be found growing together, I am by which loss will have to be thrown.

And, looking ahead to posterity, our coa! supplies may be conserved a century or two

gmine without the British Governementy): Stamp with Dr. Law's Phaphadyuca subscribing to no economia heres, for just › London, England,” engraved thereon, by ente

Her Majeur's Honourable Comission the coal trade is unique in all so in Thousands of unknzenchable tech dustry-oris "the life-blood of the nation." gue if coal is made dear. The scientiat meniska fien all parte of the Work, and it The Times insists on that original thought say that that is a desirable thing to --from the highest Medical Authorities, Nai

¡HEALTH; STRENGTH & ENERGY.

scher Phosphoric Procuration" has more being quoted, with due acknowledgments do, and a national daty. Those of us who 30, coal is,& unique thing in our naturalace not scientists, but who have an limit. elements, so unique that it may almost be able faith in what science can do, ar

rather inclined to think that precaution said to be an element in itself. For though unnecessary. But science, after all, is

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Intimations.

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NOT

W ices to Top

(El have #This..

NEW BUILDING Cential

Honukong April

be held at its Head Office, No. 2, Queen's Buildin., Hongkong, on TUESDAY, they 2ird April, 191, at Noox, for the purpose of receiving the Report the Directora together with the Statenient of Accounta to 31st December, 1911, and of declaring

Dividende, &c.

The TRANSFER BOOKS of the Society. Mill be CLOSED from 15th April to the

April, both days inclusive.

By Order of the Board,

C. MONTAGUE EDE..

"Becretary. Hongtrong, April 5, 1912

CHINA TRADERS' INSURANCE COMPANY, LIMITED.

NOTICE TO SHAREHOLDERS.

473

NOTICE IS HEREBY GIVEN that

the FORTY-SIXTH ORDINARY YE RLY MEETING of the Company will be held at for: Held Offion No. 2, Queen's Buildings, Hogkong, on TUES DAY, the rd April, 1912, si 12.30 PM, for the purpose of receiving the report of the Directors together with the State- ment of Accounts to 31st December, 1911, and of declaring Dividends, Ga..

The TRANSFER BOOKS of the Com many will be CLOSED from 19th April to the 23rd April, both days inclusive, th -By Order of the Board,

9. MONTAGUE EDE,

Secretary, Eongkong: April 3, 1912

THE HONGKONG ELECTRIC CO., LIMITED

TUTICH IS BEREAY GIVEN that the TWENTY THIRD ORDINARY GENERAL MEETING of SHARE A HOLDERS will be held at the Company op * Offers St. George'a Building, ou SATUR: DAY the 4th MAY, 1912, at 12 o'clock. Noos, for the purpose of presenting the REFOET of the DIRECTORS: with STATEMENT of ACCOU 29th February, 1912, and slecting TORS and AUDITORS: BICHETRANSF

By Tinder

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HUNG

622

it be only a mineral, like granite, get the only that which we know that there are only difference between the side and the carbon two hydrocarbons that will do what coul is immeasurable. And if the coalstarike forces will do one is coal itself, and in the un to treasure anal, instead of oynadering, aitervalírg, as the layers say, wo plead nil.. it-well, tant mieux. A Bas been remark. Yet oil is not as widely distributed as coul ed, nowadaya we, know the price of every- and even if fresh oilfields be discovered, up thing and the value of nothing. The will go the price of oil lon, if it enters into difference between “price” “azd 15 valné " i competition with mal, and no one, wo a really at the bottom of the consulation I

know, can over, strike oil within our own draw from the

probability that the cost strike will permanently advance the price.

For then we shall value it, and therefore we shall waste it; and therefore I can vindicata even the most rigid orthodoxy o economics by pointing out time, even if this enhanced price of coal be not a direct economic blessing, it will, at any a entail a substantial economie consolatiui, for wale of anything is obviously buil earnomy.

shores. Then there are others who say, Oh, slectricity will do the trick! Mar vallone thing, electricity and accompany their optimiam with a vague gastare. Bat electricity is not an element. It is only feria of energy, purchased at two remarr from coal first, there is the heat energy obtained from coal in the holler,

henee mechanical energy is obtained in the tra bise, and thence electrical energy is obtained in thedynamo, Bat King Conldoes itall. And there is the optimist who hopes that science máy some day harness the tides on enlist

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And, as things are, we do waste col terrifically. Every belching factory chimney the sun in our industrial ranks. Bat attests our prodigal recklessness for sciencs can hold out as hope for the visible smoke is made up of carton in the realisation of that unscientific optimis.before King Edward VII Kamer With Tig atomic state, and smoke is not merely un.Then me new form of energy will be cousuined fuel, bat a noxious atmospheric discovered."—It may be, but that is like alien. Indeed, we may perhaps go so far hoping that some new continent may one as to ky that if the miners obtain their day arise from the azure main: to relieve minimum wage it may almost he accounted overcrowded earth. And you may even for in a winter's urban fogs. And that is approach the optimism which suggests that practical point. Prosts will not allow an huc coal goen we shall simply have to all-mound minimum wage, say the mine use poke" ownery. I do not prejudge the issöz, but

Truly, con i King

If that wage be granted than one possible atmosphere of our earth wa putlet for the economic pressure within bath, & its vegetation the industry itself is an increase in prices.zampant growing swiftly out And then wa shult begin to ravers coal or

at least treat it with becoming respect, and nicely assess its calorific value. As it is wo merely put it on the fire

vift demy, then

began the pre man's civiliation, long before, the carte

ready for me trimself Then begs

If you go to the Staffordshire Potterier life to

slope enable these crimp rtant words. be mindenmina! » Gazette.

the process which has ended in my uning able to lift this fragile glass to drink lang

Colada apeady end you will live, under a pall of wasted coul] those dynastic trosibles which, aver lameF

la helpless subjecta- diffused in the atmosphere. Chir dinner fascinating thought, if trite, that the services and our dainty, tex-cups are all earth and steamysis of untold produced as the cost of a fightful and perfectly warcientific waste of a precious thing noh, the black cloud that muta even the burgeonings of spring in that neighbourhood is all due to tãe fact that the Statlordshire potters do not aleely between the price and tum i of combie: But if and

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