1918-11-26 — Page 5

Page

TUESDAY, NOVEMBER 26, 1918,

TELEGRAMS.

{Continued from Paqe 7.)

HAPPENINGS IN GERMANY.

· EXÉCUTIVE AUTHORITY YESTED IN SOVIETS.

EARLIER TELEGRAMS.

GERMAN "TREACHERY IN BELGIUM

INFERNAL MACHINES IN

BRUSSELSA

BRUSSELS, NOY, 345 Four internal machines have been found in the vaults of the Palais de COUNTER-REVOLUTION TO BE Justice, where they were placed by the Germans close to quantity of amuni tion. +

SUPPRESSED. »

COPRYHAGEN, Nov. 24.

A message from Berlin officially announces that the Soviet and, the Government "have agreed to the transference of the excentive author ity to the Soviets, who, will suppress any counter-revolution The Execu tive Council at Berlin will exercise control, pending the election of a new Executive Council by a con- gress of representatives - of

the Soviets which will be summoned woon as possible.

WORKMEN'S AND BOLDIERS* COUNCILS.

ESTABLISHED AT BREMEN AND-HAMBURG

as

COPENHAGEN, NOr, f. Workmen's and Soldier' Councils have been proclaimed at Oldenburg, Destfriesland, Bremen and Ham- Fur.

GRAND DUKE AND PRINCE OF BADEN RENOUNCE THRONE.

COPENHAGEN, Nov. 24.

The Grand Duke Baden and Prince Afax of Balen have renounced thei Ilone.

PRENCH ADVANCE TO GERMAN

. FRONTIER.

ཟ1

GREAT RECEPTION ACCORDED BY POPULATION.

LONDON, Nov. 25.

DISARMAMENT OF GERMAN WARSHIPS..

ALLIES TO SUPERINTEND.

LONDON, NOT. 46

Hercules and ten, British, destroyers, It is understood that the battleship commanded by Admiral Browning also French, Italian and American aquadrora, are going to Wilhelmshaven and Kiel German warshipa to superintend the disarmament of the

THE CHINA MAIL.

THE NORTH CHINA onial Importa roqu

"INSURANCE CO.

ANNUAL GENERAL MEETING,

The fifteenth ordinary meeting of shareholders of this Company was held at the head offices, at Shanghat on November 20th Mr. Wm. P. Lambe prasided, and there were also present

Government on which towariak. These cond

with the reduction "necessarily have an adv

premium incom, and

water mark may be looked apo abaving been reached.

HTNESS OF MONEY AT SHANGHAI.

INESS ALRIOUSLY IMPEDED.

ABNORMAL INTEREST.

given the roof are interes as given with the exchange quotations 30 per cent per annum from day to on this page, fretustes between 20 and Altar stopping at 30 por cent the day no special significadoo attaubes.

to be faced with new problems arising In the coming rear wo mut expect out of the transition from war to pence.

The NC. Daily News of the 20th inst losers C. Af Bain. B. Alex Dalglish, will disappear. There will be revere on the tightness of money at Shanghal-

Large Incomes derived from war risks has the following interesting comment Hale, J. T. Diselduff and E. Binder competition for marine bustores which Distors), Mr. H. G. Simms (Secretary we must expect to continue to be greatly and General Manager) and shareholders restricted, pending the demobilization of representing a total of 1,193 shares troops and vessels becoming free once Mr. Simme having read the notice more to return to their normal trade routes convening the meeting and the auditor's after completing repairs which are king report

Fovedba, Gornrument contral of food-

countries devastated by war have been dropped to to on Saturday, to rage fatufe will doubtless continue until the greater part of last week the quoted reproviscodd. The risk of stray mines to on Monday, to 22 on Tuesday. is likely to continue to be a serious with the Trobability that 30 will be danger for some time after the war. touched again after the Celebration

revert from making munitions to their little; that interest in quoted lower does Considerable time will no doubt be holidays. These res and falls of the required to enable mamacturers to native interest barometer really mean prewar occupations. On the other not mean than money is any freet. The be restored and the ordinary trade borrower needs the money and how hand the usual aid to navigation will actual rate depends on how badly the routes, will be seamed, but nevertheless mach. he can pay for the loan What I doubt very much if we can count on ever the quotation may be, money is BI any great diminution in marine loses tight as ever is waste during this transition stage. We must be prepared to look forward to a period

The Chairman asid p Gautleman, This year our meeting is some three weeks later than anal owing to delays caused by the war in receiving oor accounts from branches and agencies can be big accounts to June 30, 1918, having been The printed report and statement of in your hands for some time, propose, with your permission, to take as read

On this occasion it is fitting that should preface my remarks by express ingourolings of deep thankfulness that It is reporteil that Admiral Sir David the beginning of the fifth year of the Beatty has demanded from the Germans great world war saw the German offen- another Dreadnought to rapinee the one sive definitely broken, and marked the that is being repaired in Germany, and beginning of the Allied, Armies vietor another destroyer to replace the den-ous advance culminating in the com- troyer mined es renfeto Great Britain. plete and foal overthrow of German militarism and the triumph of right BRITISH ADVANCE TO THE RHINE. over might

1

LONDON, Nov. 24-

Field-Marin Sir Douglas

Whilt up till the end enemy sub- marines were still able to add to their career of crime, as a factor in interfer Baiging with the successful proscention of

the war the Allied Navies had them well under control.

reports 1-

On Sunday our troops, continuing their march towards the Rbine renched the German frontier immediately north of the Duchy of Luxemburg

Our general line in the evening was the frontier, cath of Bebo Grand masnil, Pomal, Huy and

cast of Avennes.

PRISONERS FROM RUHLEBEN.

COPENHAGEN, Nov. 24. British prisoners from Rubleben have arrived en route to England.

"WILL SCIENCE END WAR?

4.

Airplanes, submarines, poison gas, and liquid are are among the innovatione which invest the Great War with

peculiar interest.

The employment of these methods has been declared outside the tale of re intheless the result of scientific enterprise cognised warfare, hat they are never and it may be assamed safely that in

A French" communique states The advance has continued Belgium and Luxembourg,

Car envalry has reagil the

eustern, frontier "of Luxemburg.

The Frob received a great recep- tion at Wissenbour, Reichshofen and other plus.

AMERICAN COTTON EXPORTS.

RESTRICTION REMOVED EXCEPT TO ENEMIES.

lutter has complied with all the

terms of the Armistice.

course of time the fighting furous will be

equipped with still more terrible means of destruction.

The Court of Chancery's assent har Memorandum and Articles of Associa been given to the alterations in our tion in connexion with the transaction of various other classes of Insurance passed and confirmed at the Extra ordinary General Meetings held on November 27 and December 14, 1917 organizing and developing the Fire and prohibited ita export the metal Good progress has been made in European countries and America Department in spite of staff difficulties,

having restricted the movement of silver but until the business grows more iming required for coinage purposes. portant we propose to continue incor-cominodity of trade, like beana or keg parating the figures in our marine nails, it is now practically a government Where formerly silver was a common

VESTRICTED MOVEMENT OF SILVER.. of diminished premium income, heary the great scarcity of money in patire expenses and taxation, and losses above banks, which naturally stick out fur as The high interent raten are caused by the average of pre-war times,

high a rate as they can get for what for one weeks they have been getting little ready cash they have to land, and on theeverage Tix. 0.70 per Ti 1,000 day, sad such interest is a Barious hindrance to trade generally. The carcity of ready money is dne to various couses, the chief of which in the

Allied Armies and Navies, and to the The work's debt of gratitude to the Mercantile Marina who have safely carried on the immense work of trans- port in spite of the hidden dangers ying in wait for them, is immeasurable At the cost of the most appalling account.RA sacrifices the world" has ever seen. our

freedom is again being established on a solid foundation which will effectively ensure the world remaining in future a small, safe place to live is for both great and

At our last meeting it was pointed out that the additional semi-war riske thrown on marine underwriters were becoming increasingly burdensoms During the period under review these adverse conditions showed no sign of

abatement and in fact the tendency as teen in the opposite direction, so much so that it has been found that marine rates ruling on certain voyages were fast becoming inadequate. Some pro to adjust marine rates to enable the gress has, I am glad to say. been made business to be maintained on a paying

:.

At a later stage in these proceedings monopoly, none being obtainable-on your Directors propose asking you to the open markets of the world confirm the payment of a berus to the stock of silver in Shanghai is staff equal to 30 per cent of their new only about Tix 18,000,000 whereas salaries. Apart from recognizing the at least The 30,000,000 is needed for efficient manner in which the staff have the nut requirements of the port. carried out the more exhions duties China depends on America for ber devolving on them in war time, it must arriving from San Francisco, but lately be recognized that the increased cost of

silver and ordinarily a steady stream is living is becoming more and more with America's regulations prohibiting marked.

the arrivale have dwindled and atopped

have been carried over into December

following resolutions were put to the received in the week of September 17 There were no questions, and the exports. The last big shipment was meeting and earried cnanimously.

when 4,186 bars arrived, and in succes seconded by Mr. Hide: That the Report follows989,101,639, 900 and 57, the Proposed by the Chairman and ive weeks the bars received were az and Accounts as now preacted be last being cr October 31. accepted and passed.

There have been no receipts from Proposed by the Chairman and abroad this month and the probabilities seconded by Mr. Dalgleish: That a are that none will arrive until Decem Owing to war conditions losses paid up capital, and a bonus of 15 per pected, being a portion of stock ordered final dividend of 15 per cent, on the bery when some The 2,000,000 is aY- not only to the traps in the helds, fut siderably increased. The question as to miums he distributed, both payable at by the American Government after it War has an entirely new significance, arising from collision have very cou- cent, upon contributory marins pre- before the restriction and since released for civilinus residing far from the scene whether losses arising from there the exchange of 51d, por tal that had been commandeared. of conflict. Formerly the soldiers or collisions fall within the terms of the £20,000 be transferred to Serling sellors took the risk and glory, while the ordinary marine policy which expressly Reserve Fund, Tis 25,000 written off Instead of putting their money into taxpayer grumbled and found the money,

CHINESE, LOOK TILIR HEADS, but now the most harmless person may covers that peril, or whether they fall premises, and the balance transferred legitimate trade, the Chinese have lost fall a victim to the indiscriminate havoc within the warmuty "from all co-to Underwriting Reserve Account their heads over the "cheapuca of which Germans have so aptly doubed sequences of hostilities and warlike closing the Account for 1917 gold and have been taking their silver "frightfulness."

Submarines hardly compare with air has been a fruitful source of litigation, and seconded by Mr. J. Quin: That yellow metal from the foreign banks.

operations" covered by a war policy, craft as important departures in the and important and far-reaching decisions Messrs. Lambe, Bain, Dalgliesh, Chinese and Japanese alike are buying Proposed by Mr. J. G. Smeaton out of the native bank to buy the methods of war. A submarice is merely have been given in the Courts at home Hide Dissoldos and Binder be regold with silver, paying interest at the WASHINGTON, Nov. 20. torpedo vessel, with the advantage of After conferring with the War still restricted to the water in ber

invisibility, and no more, since she is on this question Traile Board, Senator Hoke Smith operations. On the other hand, the of cargoer which are now carried by Directors be Tis. 6,000 per ganom

Owing to the greatly enhanced values and that the remuneration of the eat not, being consideration when elected Directors of the Company, rate of two per cent. per month-inter- declared that all restrictions on the chine can go almost anywhere, vessels, of inferior class compared with shipment of cotton have been re-story material, which may destroy re-insurances without loss is very Messrs G. R. Wingrove and Fanongh to go round and the banks are -profits are to be made in exchange, elaa explosives, gas shells, or inflamp war times, the difficulty of effecting Proposed by Mr. J.Prentice and it would be folly to pay the same or moved except to enemies and North certain conditions isy whole tracts of macked

cities and public works, and, ander

seconded by Mr. O, R. Slows: That higher interest. There is agt money. "European neutrale.

territory waste by fire

Matthewn be re-elected auditors of the scrambling for what there is, and pay- Congestion at ports of transhipment These machines had a very limited and discharge continues to give under the auditions be Tix 600 per annum The speculators have overbought It is expected that cotton will be range of action and carrying capacity to writers a great deal of anxiety. A

Company, and that the remuneration of fog for it shipped more freely to countries begin with, their employment until quite regrettable feature of present day end seconded by Mr. M. Baia. That the pay and although their position may Proposed by the Chairman and gold heavily, beyond their ability to ebatignous to Germany when the recently being mainly dependent onditions is an alarming epidemic of losses Director be authorized to pay to the be sounder cow than, some weeks ago | corde developments in their construc acising from pilferage which is in some Company's staff & bongs not exceeding the December aattlement will be an weather conditions. Every month re tiotu. From mere observation platforms measure attributable to inferior pack 20 per cent on their salaries for the anxious time November obligations they have become 4ghting machines, heavily armed, operating in squadrons. "Notwithstanding the difficult con

GERMANS FROM THE AIRditions, some of which I have alloded Mr Simms thanked the meeting for at thres per cent, for the carrying and What is to prevent a feet of airplanes to, we have every reason to be satified the bonus, which he said he was sure even a stiffer rate will have to be paid stealthily dropping raisonous matter with the units for the year 1917, it would be much appreciated by the staff to carry December into into our reservoirs! Lisense germs may must be borne in mind that in normal of thanks, to the Chairman and the JAPANESE RESPONSIBILITY be conveyed by the flying man and times a Company like ours, which con Director for the services they had

Mr Prentice proposed a hearty voteyecember into January distributed over areas whery.enidemios fines its operations chiedy to cargo rendered during the past year, and this would be likely to spread among man and beant. The potential power of buses, was in a position to estimate was carried by acclamation, the Chair aircraft secuus boundless, and, however fairly accurately the position of the unworthy of civilisation, is a force to account six months after the, elces of a brily responding. has resolved to abandon the scheme ful if this menace can be restricted yet the arrival of goods, at destination and be reckoned with. It is extremely doubt the year, but in these times, delay in for Government control of the inby negotiations between nations the long interval before we receive dustry. Consequently, it is under-heid a science will continue to te advice of claims, render it necessary to WHAT IT MEANS TO MEN OF THE concarted agreement to restrict trad stood that no further immediate slaughter and bring under contral forces wake provision by carrying forward stepe will be taken by the Govern known to exist but which hava, proved more substantial balance to our Under-

in silver, and a proposal was made, sk ment committee which i dwing war. Electricity, so far, has been utilised posarble claims arising out of these impracticable a destinctive agents in writing Reservs Account to incot

Peking to prohibit exports of the metal up the scheme:

This was endorsed by various of the The cisteical Raval Orown which it is Allied Ministers, but dapan blocked the only on the battlefield for communica conditions, hap proposed to embody in the new merchant The Association is preparing would appear that these are its limita second half of 1917, and right up till so much in the official as in the unoff-Toward nuk inter there is ass

tive and defensive purposes, and it regarde war risks, doring the service uniform has for many years been scheme by offering trivial of tions.

closely associated with the Royal Sary, the proposed regulation fell through. the rapid progress of science the now there has been a gradual dining cial word. It has become, in fact the scarcity of silver hers, with high interes carunge in warfare ha correspondingly on in the number of losses through bedge of what is one of the greatest of rates, owing to soms Unte AMERICAN SILVER SKIPMENT TO incresced, and may well be that the ubmarine attack with the resuls that athletic clubs, the un-named but none the went into the interior

INDIA.

time will arrive when the elementary rates bare been reduced on moat ronten less existent laws of self-preservation common to us but the various Government War Risk For tennis, bockpy football, cricket.

games club of manyak life. this year the strin all might be spfficiently aroused to bring Officer continued to monoposte a very this bedges on the pocket of NEW YORE, Nov. 20. about some international guarantee Two million dollars worth of bar against the possibility of war If such large share of this business at rates plain blas blazer, is worn by the naval

bra suggestion is destined to be folled, below those considered pendent for us that it is recognised in this

afficers and it is not too KETU ilver wus shipped to-day to India than the terrors of science will have to accept

accomplished that which diplomacy. has Our sterling and gold investments in which the Navy call

at every port throughout the CITY OF LINCOLN !! RE-FLOATED. falled to achieve.-(Sir William Crookas. the aggregate stand in our books below There are two

the market prices on June 30 last. where the bad re LONDON, NOV 21

Vypin college ma posma The depreciation on hire securities these am the school The City of Lincoln has been re-

due to the high rate of exchange is

the college at Osbo She is apparently undem but will probably have her

ned before proceeding

GOVERNMENT CONTROL OF

RUBBER.

SCHEME ABANDONED.

LONDON, NOV. 21.

In view of the cessation of hostil-

ties the Rubber Growers' Association

fresh restriction scheme.

CHAMBERLAIN'S COUGH

invoked to amplify the latest. means of

With

Is not "stunt guesses reader amply provided for in Exchange and corupting by way, of Americs of the German

¶stunde," an hour, bence a Investment Finetuation Account. Dar. lesson, or talk Before 1915, it was Dg the year under review we lucradood papers, but it was used that year in closing known chicly through American comic our holding in Wat Bowls, and since

novel called The Golightive by a for-have gotten, authorThe reference was to

the first motor exbibition at the Im aveatme

perial Institutestunde

flcance of "lesson, givi

Rassian pect, the Stu

sye bad cold you exercises were mer

that will not only hours

that is plent contains nothing.

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the Tamesid soord ions and

#ACCID

its sigui

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accounts: further pam

bringing

in war loans op

Japanese banks have contributed to the money attingency to no httle extent by exporting silver to Japan,

www

Tie 900,000 having been sent to Ocaká early ir September in a single shipment and amailer amounts mince. It will be

THE NAVAL GROWN recalled this about that time, China,

ROYAL NAVZAS

wished to join the other countries in the

The mané:

in the counti

sont possible until Americ

quanti

CARS

EIRE

Herced Uhautets

Expert M

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MERCURY GARAGE GO.

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