1921-06-29 — Page 1

OVERLAND GUNA MAR

Qua Đi

BEATE DANNU

Mà Wear Ser

of Hongkong and the "

Far Bast

The China Mail

Barometer 29.52

ESTABLISHE

(2), 1921, Tamperature 83

拜禮

+x+=BAT I HONGKONG, WEDNESDAY,

No. 18,297

BUSINESS NOTICES

FANS.

THE HOT WEATHER IS HERE: BUY NOW.

LARGE STOCKS.

TO-DAY'S CABLES.

(Renter's Serviceto the China Mail)

COAL STAKE-BETTLERENT.

A GREAT PROFIT SHARING EXPERIMENT

SCHEME' OUTLINED

NEW RELATIONS BETWEEN CAPITAL AND LABOUR.

LONDON, June

Mr. Lloyd George announced in the House of Commons that. | Miners" Executive has decided to recommend the terms of the

the men with a view to reszimption on July 4. He said that the for a profits, pool had been definitely abandoned. The main fof the permanent agreement was the establishment of a new system of

ment of the wage-earner, namely profit sharing with the employer. He belie ed that this would be the largest example of profit sharing in any countri Wages would be the first charge on the industry. A standard wage of 20 per cent above that before the war would be fixed and after the wager other costs would be satisfied. The owners would receive 212 for every £100 paid in wages and if there were further proceeds they

99, 1920, Tompe

19817日四月五酉辛次歲年十國良華中

THE DOLLAR:

closing rate 2/7 178 -opening rate 2/7 18

'SUN LIFE? HAS JUBILEE

FOR ITS FIRST FIFTY YEARS

The following condensed story of Sem Life of Canada"-appeared in Montréal Daily Star of May 2. “Exactly fifty years ago today, the refusal of a giant American imur- Ipcr corporation "to-conform to the Canadian Law, which demanded" a 56000 deposit from all foreign in- surtince companies doing business in Canada, öccationed the launching, in _modest ́and tiprefentions forms, of the company which to-day fies the me and white flag over its palatial premises en Dominion Square în cele- men of its jubilee day-the San His Assurance Company of Canada

"The original charter of the Son:

THE GENERAL ELECTRIC Co. (of China), Ltd would be divided, the workman receiving 183 and the owate 217. The Life Assurance Company of Canada

Queen's Buildings.

Tel. 518.

DRAGON MOTOR CAR CO., LTD.

(THE EUROPEAN GARAGE)

Open and Closed

CARS FOR HIRE

TEL

3552

in Hongkong and Kowloon.

TEL.

Dana Textile Driving Belts,

Cycloid Ball Bearings,

Electric Motors,

Scientific Instruments.

PROM'

482

settlement will last until September 30, of 1922. It is believed that it will result in unexampled harmony in the coal industry-

lay dormant for five years. Then ahmading to the story related at the offices of the company. the. GOVERNMENT GRANTS SUBSIDY.

refusal of the American company Operation of the arrangement at the outset would create great didikat, which Mr. Gault represented to put ties in certain important districts. Exporting districts which had been wathe necessary deposit of $50,000, hardest hit during the last six months deserved special consideration ified Mr. Gault to think of the gipane Canadian company again. He economic conditions were to be allowed to have full play before the industry - had offered to put up the deposit had time to recover. Wages in South Wales would be reduced on Septen himself, but the New York firm was her 6 daily. The owners, supported, by the miners, pressed the Governmest obdurate..... to assist in restarting these pits and convinced the Government that interest in the Sun Life, and, in Big He then set to work stirring up resumption would be 3552

very partial without shtance 1870, and again on April, 14 W2$ Arranged that

there should be an immediate reduction 1876. amendments were made to the of 2/- a shift with an additional sixpence in August and September cherter of the company, which finally respectively, Beyond that period the permanent agreement would operate bettled in to business fifty years ago. and the subsidy of ten millions which the Government had decided to groubles of 1866 had caused many of to-day. In the interval, the Fenian

would not be concerned therewith. In districts where Government aidīšu, those who later joined in building the. necessary or where wages are redaced by settlement the owners. Bare amigany's earlier business, to- savol- agreed to forego three months profits under the proât-sharing schem Finally a national board will be established consisting of equal number miners, and owners, also district boards to which dispates will be referre

NEW ERA OF INDUSTRIAL PEACE.

Mr. Lloyd George-made an appeal, that nothing should" would increase the diffe

of the

ever before been applied

would create new-relations alarming reduction of output in this

THE DANISH CHINESE COMMERCIAL CO. LTD. few spirit essential which wou

Just unpacked

Boad.

DUNHILL'S GOODS

Standard Briar pipes

Shell

Quaint shaped

4

Ladies'

Pipes in cases.

Cigarette Holders

Oilsik Tobacco pouches

Pipe gloves

Carbon cutters

Tobacco caddies.

My Mixture

Blandard Mixture

Cabe Havanay Mixture.

TABAQUERIA FILIPINA,

38 Queen's Road Central.

LIQUEUR D'ANIS

L'ANGORA

TONIQUE RAFRAICHISSANT.

SOLE AGENTS?

CALDBECK, MACGREGOR & CO., LTD.

~15, QUZEN'S ROAD CENTRAL

TEL 75.

British industries to produce goods

world. Under the co-partnership arrangement wages and prof depend on improvement of the industry. Hence, though the very costly and destructive, if the new system woriced in a spirit

|

der -3- urusicet in defence of; "their" hommes During - this period, the of Franco-Prussian war was won and flost, the German Empire took its first hape, and the Provisional Govern ment of Red River had been forised estern Canada, with. Louis. Biel its first president. Papers Can't was the first maagint Vaartoe of the company, refusing to

ke any dalarý, for: bis: first, yea's

vices to that capacity, although a j dividend of sit per ment was palà: on |the capital for the first year. - The company's first home was in a single room. In- Mr. Gault's offices in the Barron_Block By this time Henry belt Thomas and James Ferrier had sever- ed their connection with the company and werd replaced by George-Wicks goodwill and AF. Gault. Some little time.

It would amply repay the nation for all the damage and open a new era of afterwards, the Barrow Block was pesce in all Industries:

ADVICE TO TRADE UNIONS,

Mr. Asquith said that the House would take a grave responsibility if it The first president was Thomas refused the Government authority to grant a subsidy,

destroyed by fire, and the company next found a home si-164 St. James Street, opposite the present Star office.

Workizan. Early in his period of seeded the collaboration of a prac office, it was felt that the company

tical life assurance man to look after its interunt affairs, and the services are secured of Robertson Mschulay, them with the Canada Life in Hamil

Mr. Clynes urgently hoped that the miners would agree to the recam mendation of their leaders' sud accept the settlement which would have a very important bearing on the future relations between employers and em. ployed. Mr. Clynes appealed to the whole of the trade union movement to learn the lesson of the folly of their methods in this dispute and the obsolete de Macaulay entered the ger character of their machinery. He appealed to trade unionists to have greater faith in their fenders --

rice of the company as secretary, and is undoubtedly the ones who, more than any other, can be describ gied as having made the Sun Life He Several members said that speeches or discussion on the vote might was who, by his breadth of vision, irritate the miners and prevent a resumption of works on July 4. Conhe business, laid the foundation of sound judgment and knowledge of sequently it was arranged that the vote should not be discussed on July 1, the success of the company but should be discussed at the report etage on July

Mr. Austen Chamberlain said that a vote of £10,000,000 would be sub mitted on July 1.

ANGLO-JAPANESE ALLI ANGEL

DISCUSSION AT THE IMPERIAL CONFEREN

REITAIN AND AMERICA.

The discussion of the Angio-Japanes George at yesterday's Imperial Conference

to some reports it is understood,

of renewal. It is believed that

ferbund that one raison, detit was

easily overcome Views apparently

there

From secretary, Mr. Macaulay becdote manager, and finally prest- dent. One of his greatest imova fions, not only to the Sun Life but to the bile insurance business generally, s the unconditional policy-an surance policy which places no res africtions whatever on the holder's right to travel, and general mode of.

·LONDON," June 28,

Iiring or occupation. This and the introduction of an extensive foreign initiated by Mr. Lloyd business were the starting points of med today. Contrary the company's prosperity. engros opinion is farous | 30 Men Macaulay realized that a cojection to the treaty on this company which confimed its activities to Canada was bound to have but a restricted scope, and an ́s result the Sam Ede was the first to branch-out neses. tiid påfier countries, with the result

That the company now does business.

the West Indies, South and Ceó- tral America, China, India, all parts of the British Empire with the steep- tion of Australesia, and several other

in order to maintain and strengthen friendship. |sary anestments “bring the Alliance iro

Nations Covenant.

COTTON HIZES WORKI

In East Lancashire ma ton 2,000 weave

‚ Rec Cent", respective

cotton mil

comparton of the company' estier years with its bamirest for. the past year shows a record of proserver. Bardley and Darwen 40 and The first year's premiums amounted

1 26,318, and covered names

127,350

smounted

SOUR

safely

CHINA MAIL

PRICE $3.00 Per Month

BUSINESS NOTION

"LEVITO"

SILK

SHIRTS

Speci

Dindow Display

Levita

_Shirts & Cafare.

Ait made in England of very best quali English Silk. The workmanship and finish thoughout is of the very best, and we guarantee absolute sati

Levito Sak Shirts are in Plain White-

Hdio only and with each Shirt is included a Smart Shape detachable Collar.”

Previously we have had to sell these $17.50 each but we are pleased to advise we can now supply "Levito Silk Shirts from new stock just received

@ $13.50 each.

Max's Wear Specialista.

MACKINTOSH & Co., LTD, 16 Des Voeux 24. Tel. 25.

WE ARE

NOW CARRYING

STOCKS OF HIGH CLASS DUTCH HAVANA CIGARS

THE PHARMACY

Tel 845,

Queen's Road:

Tel:945

'ENSIGN BRAND” TEAS.

- BROKEN-PEKOE (ITS WORTH DRINKING).

THE FINEST OF ITS KIND

SOLD IN THE COLONY.

Ons-pornd Packets from Store-keepers,

The Blue Bird and

The Graeco Egyptian Tobacco Store,

Or from

The Gledale & Taramis Tea Agency.

DANIELS & CO

ESTABLISHED 1900 TELEPHONE 2843

Wyndham (Flower) Street.

TAILORING

“DISS BROS.

ALEXANDRA BUILDINGS

JUST RECEIVED.

A. LARGE CONSIGNMENT OF

KODAKS

FILMS & ACCESSORIES

ALSO

DEVELOPING &- PRINTING

BY ET

WITH

PROMPT- SERVICE

THE WING ON CO., LTD.

Phone 196

UNIVERSAL PROVIDERS

bles.

JUST RECEIVED

DINNER RINGS

UNEXCELLED BEAUTY

ULLMANN & CO.

HONGKONG/

BPENTIER VIGEZ

JUDGE REFUSES INJU

TION TO STOP CONTEST

NEW YORK, Jane 285

́to stop the: Delfi

Jersey City judge

-KOOSTA

DONNELLY & WHYTE.

WINE MERCHANTS