1921-05-27 — Page 4

China Mail 德臣西報 中國郵報 All

Mc Gulpers Substitute

for Tee is WATSONS "E

LIQUEUR WHISKY

Wr

A.S.WATSON & Co Ltd WINE & SPIRIT MERCHANTS HONGKONG,CHINA & MANILA.

TRADE - NARK

Powell

TELEPHONE 346

JUST RECEIVED.

A CONSIGNMENT

OF

Ltd.

LADIES' AND CHILDREN'S BATHING SUITS

ALSO

BATHING CAPS.

NEW

STOCKS

OF

TOWELS

BATHING

He Specialize in

FOR

PICNICS.

Social and. Eusiness Stationery, Loose Leaf Binders and, Books, Novelties for the Home and Office, Dennison's Xmas Decorations.

INSPECTION SOLICITED

DER A WING & CO.

60, Des Voeux Road, CENTRAL.

THE CHINA MAIL.

SPECIAL CABLES.

INTERPORT CRICKET.

SHANGHAI THE VICTORS.

AN UNEQUAL CONTEST.

SHANGHAI, May 27.

UNITED ENGINEERS.

BIG CAPITAL INCREASE.

PURCHASE OF BANGKOK DOCK CO."

COMPANY. MEETINGS.

UNIÓN INSURANCE SOCIETY OF CANTON LTD.

FRIDAY, MAY 27, 1921.

and attention of the Staff, generally,

Messrs. G. M. Dodwell and G. T. and in that connection · 1 can Edkins were re-elected as directors not emphasise too strongly the on the "motion of Mr. N. Nemazee [debt of gratitude.

which seconded by Mr. D. G. Stevenson. we owe „to our General Manager, Hon. H. E. Pollock KC, proposed Mr. Ede, who, in spite of very the reelection of Messrs. Lowe, indifferent bealth, bas continued to Bingham and Matthews and Mr. C The forty-eighth ordinary meeting devote his whole hearted energies to Bernard Brown as auditors for the of the Union Insurance Society of the welfare of the Society, and his ensuing year at a remuneration of Canton Ltd. was held at the offices of wonderful pluck and endurance in $2,000. the Society, in Queen's Buildings, at carrying on under such trying The motion was seconded by Mr. moon today. The chairman of circumstances cannot fail to evoke Ho Leung and, carried unanimously. directors, Mr. A. & Lang, presided our deepest admiration.

The Chairman-That is all thei It is noteworthy that the Premium | business, gentlemen-thank you for and there were present Afessrs. G. Al. Dodwell, G. T. Edkins, J. A. Plaguer. Income of the year under review is attending. Dividend warrants are and W. L Pattenden (directors). Clover two and one half times greater now ready and may be obtained on Montague. Ede (general manager) than that of our best pre-war year.application. and the following shareholders As compared with 1919 first year it Hon. E. H. Pollock and Messrs, shows an increase of over £550,000, P. Lauder, H. C. Gray, L.F. Town and after deducting Reinsurances and end, H. A. H. Cobb, J. Bentley. Returns it amounts to £1,972,838 13.2. R. Mansfield, Ho Leung, Chau Six

During the past year the Society's Ki, Chau Tsun Him, C. A. Wilkinson, world-wide business has been ex- Ho Kom Tong, Lo. Cheung Shiu tended to the African Continent and Leang Tan To, R. A. Dastor, A. V-branches have been opened Apear, N. Nemazee, E. J. Chapman, Johannesburg and Cairo. Chau Yui Teng. H. W. Dick, F. R. J.

at

CHINA FIRE INSURANCE- CO., LTD.

The fifty second ordinary meeting of the China Fire Insurance Company Lid. was held at the Company's Offices. in Queen's Buildings

The balance of the Working Ac- Adams, F. S. Harrison, J. Cochrane, count for the year 1920 stands at ac 12.45 p.m. to-day. The 901,009.165, and out of this balance chairman of directors Mr. A. 0. Lang presided and there were present

J. W. Alabaster, D. V. Steavenson, W. B. Kennett, G. H. Wallace. J. B.

Thompson, G. Grimble and C. D.Your Directors recommend the pay Hon. F. H. Holyoak and Messrs.

Gee.

ment of an Interim Dividend of

bonus terms.

on

-

1. A. Plummer (directors). C. Mony tague Ede general manager and the following shareholders-Messrs.

Lancashire pointed out that last year the Indian cotton mills made an average profit of 15 per cent, and thought an excess profits dary, such as they at Home had been paying. would be fairer than the new duties. (They omitted to mention that they] objected to the Exress Profita Duty at Home.) They pointed out that the Home Government had the Legal right to veté these duties. The

A memorable interport cricket Times, mirabile dictu, drew attention to moral rights, and remindst British match terminated with Shanghai victors by an innings and 160 runs. Labour that this problem was a test The Hoagkang players appeared to of the sincerity of its policy towards realize the hopelessness of the Tralia The Morning Pad, as was unequal.contest Rumjahn played to be expected took a bluntly Tory like a Trojan, going in fifth and ine, and declared that in any conflict remaining until the end. A friendly between the interests of India and of match has been arranged for the Lancashire, the interests of Lancashire week-end.. should be considered first. The fact is it observed," that the British! Empire of India was founded for the good of British trade. We do not believe in indulging in beautiful! ideals at the expense of some millions of our fellow-Englishmen. Refash- ingly honest, that. at any rate. The

[China Mail SPECIAL.] Times applaud the Government for deciding that Indian interests hate!

The notice convening the meeting 24s a share and Bonus of 20 per G. M. Dodwell, W. Pattenden and SINGAPORE, May 26. first claim, and reminds Lancashvite |

A meeting of the United Engineers having been read, the Chairman said. Sent to contributors of business that India's bigger revenue is aired today passed a resolation authorising with the business of the meeting. I

proceeding Your Directors bave the pleasure because nearly 50 per cent. of her an increase in the capital by $3,000.

to inform you that a bonus of 15 per J. Bentley, J. W. Alabaster, B. W. da Budget relates to Military Expendi000, of which $1,000,000 will be used would like to refer to the retirement cent has been voted to each member Cunha. V Remedios, A. ES tare "the character and scope of for acquiring the Bangkok Duck Come of your Directors. Mr. Andrew of our present Staff holding a Provi- Alves, V. K. V. Riberio, M. A. R. which are chiedy destal by her pany. The remainder will be held Forbes. Mr. Forbes was first elected dent Fund Agreement, for the credit Songs, W. R. Mansfeld, B. C. Gray, a member of the Society's Board in of that Fuad, which we feel sure will. A. ANïes," IL. A. H. Cobb and W. 1904, serving as a Director for 15 years, and during that period his experience and sound advice have been very helpful to us. Mr. Forbes the Society at heart and did much to answer any questions that the share- Increase its prosperity. I feel sure holders may like to ask you will all join me in wishing him every happiness in his retirement. Twenty-five armed robbers were issued on the 16th inst. which will have The Report and Account were SHANGHAI, May 26. sentenced to death at the Mixed given you the opportunity of care remark in the first place that, 1919 Account amounts to 2555,591.01, Court. Detective Gabbutt was co-fully studying them and I therefore although the figures in the Accounts which your Directors recommend be plimented on his conduct in a co-propose to follow the usual procedure now before us do not present so appropriated as follows plicated and dangerous case arising and take them, as well as the Auditors' dazzling an appearance as did the Dividend of $7.00 and out of the Pakhoi Road affair.

Report, as read.

Bonus of $300 per figures in the Accounts laid before

share on 20,000 shares. $200,000.00 The Working Account for the year as last year, we have every reason 1919, after deduction of Interim to congratulate ourselves, and especi-add--to-Reinsurance- Dividend and Benus, leaves a balanceally the management, on the fact

Fand of £394,322.184 and your Directors that, notwithstanding the wave of To add to Extra Reserve recommend that this balance should depression through which the trade be allocated in the following man of the world

is now, and has To carry forward to Un- for some time been, passing (which I admit led me, as it doubtless did many other shareholders, to expect 2 smaller dividend) not only have o $88,543 4 0 profits proved to be amply sufficient

British Executive." It would not for future issue.

be fair to settle ladie's army ourlay and then force her to tax her own industries for the benet of our own. Apparently the Lancashire labour leaders were in the same qump as the Morning Pad, and willing to ¡rax Todia untattly if it would help to keep up wages at Home. When self the wavering balance shakes tis rarely right adjusted. We us not censure them. Inexdentally, the Times claims that the higher Indian zariff will not affect the market for thehigh count goods" of Lancashire Let us hope it is right, and that the Lancashire deputation to the Cover- ment was needlessly alarmed. Mean- while it is encouraging to find that the Mening Post school of purely selfish imperialism is now at such a discount. When it is quite : discrsuntenanced, we ray get an Empire truly knit.: of which we may think with honest and well-founded pride,

A FALSE SCENT.

Just when the blaze of resentment engendered in Canton by a variety. of recent happenings appeared to be gradually, flickering out under the exinguishing infuence of the Govern ez's apology, new fuel was sprinkled upon it in the shape of the news item which we reprinted from yesterday's Canton Tines. It was to the effect that the Secretary for Chinese Affairs (Mr. S.B.C. Ross) had called together the editors of Chinese newspapers in Hongkong and ordered them not to translate any articles from English newspapers commenting officials of the Colony.

on the

Fortunately we were able to have this new rumour of bighhanded British partiality scotched very soon after birth. When we showed a copy of it to the Colonial Secretary he assured us that he knew nothing of

it and suggested that we see Mr. Rose

The China Mail. and the other peoples, who would statement. We would remind them

"TRUTH, JUSTICE, PUBLIC SERVICE'

HONGKONG, FRIDAY, MAY 7, 1921.

HANCHESTER AND INTER- NATIONAL MORALITY.

DI&TH SENTENCE.

Gentlemen-Before

meet with your approval.--

I now beg to propose the adaption of the Report and Accounts circulated, and when this motion has

25

Gardner.

After the general manager had. read the notice convening the meet

the Chairman said, Gentlemen.The Report has been

TWENTY-FIVE ARMED ROBBERS. always had the very best interests of been seconded I shall be pleased to in your hands.for some time, and I"

[China Mat SPECIAL-1-

"CITY TRANSPORT.

SHANGHAT'S NEEDS.

[China Mail SPECIAL.]

SHANGHAI, May 26. Mr. McColl, manager of the Shang- hai Tramways. lectured an city transport with special reference to Shanghai emphasising that local conditions required provision for electric freight services saving road space">

EZRA FAMILY AGAIN,

BROTHER SUES BROTHER.

....(China Mail SPECIAL.]

SHANGHAI, May 27. The Ezra family is again in the. limelight, Filis Ezra sulag bis brother Isaac Etra over a matter arising out of property transactions. An interica Injunction was granted pending trial

$10,000-TON STĽAMEF. -

LAUNCHED AT SHANGHAL

[Chine Mail SPECIAL.]

LOCAL AND GENERAL..

cer-

A Final Dividend to Shareholders of 16s. per share on 110,679 shares *******.

A Bonus Dividend to #Shareholders of 20s.

per share on 110,679. - shares

110,679

An addition to the Re-

insurance Fund

An addition to Building

Reserve Fund

100,000

70,000

will, therefore, with your permission Mr. C. A Wikimen have wr; follow the usual procedure and take the Auditors' Report as

moved, and, in doing so, I wish to resolution which you, Sir, have haw read. much pleasure in seconding the it, as well.

Stu

The balance to be dealt with under.

Facd

------- 100,000,00

derwriting Suspense Account

100,000.00

185,59101 Turning to the Balance Sheet you will notice that Sterling exchange this year is 3,13 as against 4,104 Izst year, which has bad the effect of largely increasing the dollar equivalent

to pay the same dividend as before, but also to place a very considerable

to reserve equalisation of of the Company's Sterling Securities. The Reinsurance Fund stands at 00 dividend fund, and other purposes.

You, Si, have warned us not to $1.382,623.95 as against $1,039,395,56 00 count upon a continuation of this for the year 1919.

indefinitely, but for myself I am very 00 optimistic. possessing as I do so strong a belief in our Company and of its powers to surmount all diff 00/culties.

many

Considering the depressed state of trade through which we have passed and are still passing, I feel sure you will consider the figures very satis factory.

Mr. J.W. Alabaster proposed there- lection of Messrs. G. M. Dodwell and G. J. Edkins as directors. Mr. A. A.. Alves seconded the motion and it was carried unanimously.

On the motion of Mr. B. N. da-

An addition to Equal- ization of Dividend Fond.......... 25,000

I now move that the Directors' To be carried forward

Gentlemen, when we think of the to Underwriting Sus-

insignifcant position which our Com-Report and Statement of Accounts pense Account to

pany occupied amongst the Insurance as presented be adopted, and after close the account for

Companies of the world not so this has been seconded, I shall be the year 1919 200,100 14 4

years ago, and of the pleased to answer any questions that These recommendations your marvellous strides which it has taken may be put.

Mr. J. Bentley seconded the motion/ Directors feel sure will receive the of late years, we may compare it

with at one time, a little steam and it was carried unanimously. approval of the Shareholders.

With reference to the Dividend it launch, capable of navigating in is proposed to pay, it is perhaps un shallow and home waters only, for necessary to remind you that the which has been substituted first a Trade of the world is passing small steamship, then a larger one, through a time of unprecedented and, finally, one of the very largest dépressiba and you will remember and staunchest ever built, capable of that at our last Annual Meeting my being navigated throughout the seas Cunha seconded by Mr. A, E. S. Alves

Messrs Lowe. Bingham and Matthews- predecessor sonnéed a note of warn all over the world ing as to the uncertainties of the And, although we have, at the pre- and Mr. C. Bernard Brown were SHANGHAI, May 27.

future. The correctness of his sent time, at the helm of this great re-elected as auditors for the ensuing The steamer Cathay" was laun forecast is proved by existing condi- ship a pilot-skipper of unquestionable year at a remuneration of $750. on the subject. Mr. Ross, when we ched at Kiangnan, the dockyard tions to day, and although it must be skill in her navigation, and one the business gentlemen,thank you The Chairman. That concludes approached him, promptly and em completing the contract with the very gratifying for you to note your who absolutely refuses to recognise phatically dubbed the rumour "an American Shipping Board for the Directors' recommendations as to the the possibility of defeat, even as re for attending. Dividend warrants absolute lie.”

construction of

are now ready and may be had orr. four 10,000-ton continuance of the payment of the gards his own person, we can, I am We really must ask our Chinese steamers. The American consul paid Bonus Dividend of fl-per share on convinced, rest assured as regards application. friends to be less careless of the a glowing tribute to China.

1919 Account, it would be unwise to the future, in the knowledge that!

BRITISH TRADERS INSURANCE. truth-for it is difficult to imagine

expect the indefinite continuance of there are other officers in the ship, same unless indeed there is a great of great ability, prepared to take his

COMPANY LTD. how any process short of deliberate

revival in trade in the near future place when he resigna command. in which it sells its manufactures fabrication could have evolved such a

and consequent prosperity in Insur-Men who, although they may not be

The fifty-fifth ordinary yearly The total ourpat of the Kailance, which is as you know regulated as confident as he has always been as

the to the absence of risk where, to the meeting of British Traders compete with it as producers and that there are some points in Swift's

by sound business conditions, Mining Administration's mines for Underwriters throughout the many, there appeared to be risks, Insurance Company Ltd. took place- sellers of similar goods. Nothing in essay on The Art of Political Lying a foreign country is any longer of which those responsible for propagat- the week ending May 14, 1921, world have during the past year can be relied upon to take a safe at the offices of the Company, in exclusive interest to that country or ing yesterday's canard could assimilate amounted to 84,529 tons and the been working under great dif- fine, and steer the ship away from Queen's Buildings, at 12.30 p.m.

-to-day. its immediately geographical neign-with profit to themselves and to sales during the period, to 81,109 ficulties and the forecasts of the danger.

Dear future are not encouraging And, it must be borne in mind The chairman of directors (Mr. A bours. There is no more geography their cause. There is for instance, tona.

but by watchfal care we hope that that, when once a course has been O. Lang) who presided read the in that sense; we are all neighbours Swift's observation that Lying is

A reminder is given of the now, depending on each other for the last relief of a routed earth-born

period of anxiety without loss of ously undiscovered being plainly which, together with the statement holders of the Hongkong and Shang: strength.

marked, it becomes infinitely easie of accounts, was adopted on his How much and how strangely the lending and exchanging things neres rebellious people within a State." extraordinary meeting of share period it and to emerge from this well charted, shoals and reefs previ annual report (aiready published? Bo our friends in Canton want to bai Banking Corporation which will You will all have heard of the to navigate a vessel over the same motion, seconded by Mr. N. F. problem of human relations through-sary to comfort.

qualify as an apt illustration of the he held in the City Hall at noon to extraordinary losses suffered through course than it was for the skipper Towend. Now the British cotton industry trath of that? We think not. We out the world has been intensified, is

morrow, Saturday.. -

Messrs. G. M. Dodwell and G. T. theft and pilferage and your Man- who first piloted ber.. partly illustrated by Lancashire's has been objecting to the Indian hope not.

agement has been giving these i Typhoons and gales may be en- Edkins were re-elected as directors Interest in the new Indian tariff. Government increasing the duty upon The China Mail has pledged its Says Shipping and Engineering: matters their close attention. Losses countered and doubtless a certain and Messrs, Lowe Bingham and Maz- con- thews and C. Bernard Brown were. Bailways and steamships have in a cotton goods entering India from word to stand for a square deal by Here's an item of good news: due to the extraordinary wave of amount of loss suffered in manner of speaking made the world 7 to 11 per cent. and an extraordin-the Chinese but we have more import-view of the seed for the resumption crime which unhappily appears to be sequence, but not the loss which re-elected as anditore. shrink, and no doubt airships will pre- ary discussion between the Lancashire ant uses for our time than the pricking of telegraphic communication with passing over the world are quite would probably have been sustained bad it not been for the existence of eently make the shrinkage greater. representatives and our Secretary of their journalistic babbles. We Hongkong, Gap Rock will shortly be abnormal.

Misunderstandings are not in... The loss ratio for the year 1920 a well defined chart. The peoples are thus jostled together, for Indian Affairs has taken place urge them to realise that this sort of equipped with a wireless plant. 'Tis

Our Society has progressed marvel Russian section of the Mized Court, frequent, nor always pleasant, in the amount to 46 per cent, as compared and their relations become more in- with papers like the Times and thing is of no more use to them that bigh time it was so equipped. timate, and intricate, and constant. Morning Post intervening. The Init is to us. It advances their cause

with 34 per cent. for the first year's lously, and D.V. it will continue to due mainly to the niultiplicity of Word has just been received working of 1919.

progress, and so reach further heights, interpreters necessary; with Russian Numerous communities (still vainly dian Government needed more re as little as it encourages us to take'

from Chungking of some rather

The addition of £100,000 to the but even if, it should not do so, I striving for national "integrity" and venue. Lancashire needs to maintain

litigants, a Chinese magistrate and exciting encounters with pirate Reinsurance Fand will bring this myself venture to think that there British, French and American counsel, separateness) are, as regards the vital its tande, which has not been good up the cudgels ca their behalf.

bands. Mr. Everett Conley, a second Fund to £1,949,501 18.5, and whilst will be no retrogression, for that the the sense and purport of a question things of daily existence, now es lately. Lancashire has been told by

class fireman in the U. S. Navy, this may appear to many as being a present stagnation of trade in our

often being lost. Yesterday, Mr. sentially one community, Monroe Mr. Montagu that no matter how

while on duty on a Standard Oil Co very large figure, your Directors are own Colony and elsewhere is but for Lemiere asked a witness:

May I Doctrines are now as hollow as dog, depressed its trade, the Home Gov-

After an evertial nautical junk, was attacked. He killed at of the opinion that it is not unduly a brief period, and will cease long ask what is your profession?" - matic theologies. Averse from vernment cannot feel justified in career on the China coast extending pirates, but was himself wounded large considering the magnitude of before our next Annual Meeting.

And I further way, for myself, that I do not want to marry your daughter,

Receiving the reply: "What for? I' Entanglement in Errnpean affairs, interfering with India's autonomous over a period of close upon 40 years through the knee so that it is ex- our operations. During the year the Americans are in up to the neck. The tights in the matter of tariff It was Captain H. Bathurst. of Ansoy, wili pected that his leg will have to be Fund has fulfilled its use and has shall be more than content if our be got his own back. With:

borne part of the heavy and unusual position in the future remains as it thought you might have been on the producer of cotton in the Southern also told not to hope for any reduction bid farewell to the Far East to-day amputated.

losses that we in common with other is at the present time as shown by stag, judging by your familiar way States has a lively interest in the of that duty, because India had a when he leaves for home on board

the Report and Accounts, the resold in the witress box" Then the The Chinese press reports the Insurance Companies have suffered. business activity of Lancashire, Eng- deficit of eighteen and a half millions the 1.3. "Iyo Mara." For the past

Your Directors feel that reference tion for the adoption and passing of Assessor, intervened, says the N. C. land, and to Lancashire, England, sterling to cover. The extra 31 per nineteen years Captain Bathurst has following prescription, given by a

Daily News. the policies of Hindustan are of cent. was not confined to cotton; fulfilled as Amuy the duties of Shanghai doctor to a woman who should be made to the position of the which I have the honour to second. In concusión I desire to express greater domestic importance than the it was being put on all other imports, harbour pilor and marine and asked for some medicine to cure her Society in pre-war days and the character of its own mayors. Eng- including iron, steel, and machinery. emigration surveyor to the British husband of his bad temper. Fill position it enjoys to-day. Its growth my intense satisfaction, which I feel land, as a manufacturing country, The Home Government must feel Government. The Captain has had your mouth with water and then wait has been phenomenal. The Society's enre will be shared by all concerned, A GOOD RULE FOR THE HOME

some surring experiences during until your husband has quietened funds in 1913 might be roughly that some recognition has been given no longer producing food for itself, very secure. There was a time when bis sajoum in the China peas and all down before you empty it again" computed at £1,257,000 and the of the valuable services which have must watch the fate of outlandish it would have lacked the courage who know bins will wish that he Needless to say, the woman Report before you will, show you the been rendered by the staff of our farmers, and parheugly the Tues of this to risk Lancashire vetes That may long copy the period of well found the west very great strider that have been made Company

The mution was carried unanim Communication between them and such risk exists is proved by the earned rest that he plans to spend cessful. The doctor reems to have since that year. This satisfactory

been both tactful and courteous. result is undoubtedly due to the care dusty. it. It must also watch the markets nature of the comments published in Keat

In

it a rule of your home to always keep on hand a battle of Chamberlins Colic and Diarrhoe Be coedy, as a. mferðard : mcainst bowel vnd no household i wao with at l Fantania. - it always euros pronssiye For 2018 by all Chumati ad, store

17

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