1921-06-30 — Page 4

SPARKLING MINERAL WATER.

Pyeris

An exact reproduction of a well known spa. Blends perfectly with spirits, especially Whisky.

A. S. WATSON & CO., LTD.

AERATED WATER MANUFACTURERS.

Telephone No. 138.

•Powell

TELEPHONE 346

JUST ARRIVED

FROM PARIS

•

Ltd.

EVENING AND AFTERNOON GOWNS.

ALSO

OUR NOTED

SILK HOSIERY

AND

AMERICAN

CAR OWNERS.

LADY

CORSETS.

Prolong the life of your Car by keeping it in condition. Inspection monthly by an Expert Motor Engineer will cut your Repair Bill down and save you Expense, Time, Trouble and Annoyance.

For particulara apply to

E. MOW FUNG,

F. W. D. Automotive Service Department, 60, Des Voynx Road Central

THE CHINA MAIL.

REPLY:

WITH FIGURES TO PROVE

LOCAL HOUSE RENTS.

HONGKONG LAND INVESTMENT

AGENCY CO., LTD, ⠀⠀

REPLY TO GOVERNOR'S CRITICISM.

To the Editor of the "Ching-Mall.")

THURSDAY, JUNE ́80.

1921:

ranged between 4.77 per cent, and HONGKONG BOOK CLUB 6.29 per cent

deduction for depreciation has bettates a prospective members of (3) That in these figures as Eleven men have sent in thei made. A reasonable percentage for the Book Club, but we bear of many depreciation would be 3 per cent per more who have spoken as if they. anpom. Had there been a seduction intended to join. Is it too much of such 3 per cent in this case the trouble to send in your name and result would be pegligible.

(4)In this account no deduction for repairs has been made for the Gråt two years.

assures us that"s man cannet lase LAND INVESTEENT COS his reason who has no reason"""""IN is the mme verbal quibbling on which | Mr. Chesterton dependa for most of his effects, but far less entertainingly done. The reader who would desire to take sach arguments seriously, either from Orthodoxy" or from its counterblast Authordey scrutinize and analyse the figures No doubt competent eres will world require a few defnitions to given by the Land Investment Com

item) can invite you to the inaugural address, so that the Hon. Sec. (pro begin, with The "reason" of the

meeting, and get your views as to average man is not the "ration in this morning's papers, in alism" of the advanced thinker who, denunciation. Computations of per-directors to ask you to klodly insert seen that this property has cost my The promoters have induced Mr.

answer to the Gaternor's recent Sir-1 have been requested by my

From the above account it will be necessary rules, amount of subscrip according to Bir. Chesterton, is likely centage retuma depad very much, of this letter in your paper, as my Company $158,6801.65

tion, class of books to be bought, etc. to go mad. Wordsworth's Petercourse, on the fact of cost and the falling in their duty to their share my Company was able to dispose should now be sent to him. The pro- directors consider that they would be Bell, to whom a primrose by ariver's Company's secretar gives an

At the beginning of this month pro-tem and names and addresses Charles Gerken to act as Hon. Sec. brim was nothing more than a princlusive total for cat of building and made by His Excellency the Governor for $200,000, showing a profit to my for the inaugural meeting of mem in holders if they allowed the remarks of this not very profitable investment mise of's very suitable central room rose, obviously ""reasoned loss other capital charge which might to the Legislative Council on Thurs Company.of $41.319.35 on its outlay bers, appointment of secretary, etc., than the poet, and less than the poet include anything.

day, the 23rd instant, to pass un- When entering into this Contract it has been goz; and there is no reason seems to have thought good for him,

The reasons give for "farming challenged, particularly as silence was arranged by my Company that why the Club should not be a going but he was eminently sane, and out" properties are not conclusive, might be construed as assent. the Chestertonian view, more likely Is it suggested that Chinese sub- to remain so than the person with a landlords or farmers annot be diddled directed to the following matters event be disposessed until the end at ten dollars cach would run to that. His Excellency remarki, were

none of the tenants, including those concern, with 60 or 70 of the newest on monthly tenancies, should in a books, withic four mouths. Thirty more active mentality. What is by eloping tenants, or suffer damaga (a)The rack-renting of tenants, of August gest. sanity, and what insanity? Only by destructive one!

by which term my Comodny presume loosely is the latter "unreason," else His Excellency doubt will later His Excellency means the demanding ing out of Chinese tenements

Dealing now with (c) *The farme join: send in your names and Do not wait till the Club is open to are all women jusare, and most menon, under advice, ake the proper generally accepted legal term, which there are now only three, but former right. Mr. Gerken's address is clo of an exorbitant rent and not the For all women, and more men than replies. Meanwhile the China Ma ise rest of the full value of the ly four, European concerns bolding As far my Company are aware.

addresses now, and help to start it realize it. live more by instinct, once again must cal attention to the rerement.

Dodwell & Co. intuition, and impulse than by reason fallacy of the tu que. The Com Men often reason after embracing pany's secretary posts out at length

success directly to rent out their pro concerns have attempted without A Chinese tenement property. All these conviction, to bolster it. Few start that the Governt takes full ad- with an open mind, reason pro et con,vantage of value irements. So it and deliberately chose à conviction Search your own heart. Take halfought to. The comunity makes a dozen of your deepest convictions takes them, the community is getting these, and when he Government Hold an inquest to ascertain how you its own. got them. The late Gilbert, knew, when he wrote that lyric about every

The China Mail.in what is parody verbal quibble. His

FUELIŲ BERVICE

"EKÜTE, JUSTICE,

Huseroso, Thursday, June 30, 1921.

CHESTERTON DISSECTED.

*

shows a return ranging from 5.49 an entirely direct renting out account, The account No. 2, which is also

Figures, we re tid. can be made Bowrington Road, 1st and 2nd floor been adopted, which is merely leasing per cent..to 2.80 per cent. between

the years 1903 and 1910.

of us are apt at the "usurpation of cent. profit. ft w be interesting into this matter and have ascertaines Chinese "tenement property in this out in accounts No.1 and No. 2,

the others have not.

Up till May of this year and at the present time the monthly rests of Nos. 1, 3 and 5, Bowrington, Road

were as follows- Bowrington Ground 1st 2ad floor. floor. No.1.....$25 $27 for both floors,

The account No. 3, which is the farming out of all the properties set

Amongst the difficulties which to 1921, the year 1911 being partly shows the returns for the years 1912 European concerns find in renting direct renting. out Chinese tenements are the In one of these accounts is any following

which, as before stated, should be on allowance made for depreciation, the basis of 3 per ate

(1)-That there is a constant loss

of rent owing to absconding tenants.

(2) That short of distraining for.

rent each month, it has been found most dificult and in many cases im possible to collect the rents.

Every effort was made to collect

proper rents by direct renting, but after a trial of some ten years it was (3) That to stop the destruction that the system was unsatisfactory, abundantly clear to my Company to the properties, such as pulling and farming out was resorted to in down the wood work; etc, a watch the effort to secure a reasonable man would have to be kept in each return on the property. During the ten years the property has been farm- As the system of farming out based out the nett return based on the

to make room for other tenants who (b) The dispossession of tenants are prepared to pay higher rent.

The property during the year 1903 (The faming out of Chinese ties, but they have decided by and 6 months of the year 1904 was heavily bought experience that the farmed out and that is the reason for tenements,

lency takes as an example No. 1, system known as farming out" has

Dealing first of all with (a) The plyway such kind of property can the increased returns Rack-renting of tenants." His Excel Chinese themselves, and therefore the be efficiently managed is by the

which, presumably, is a glaring en bise to the Chinese. little boy or gal, that comes into this to prove anyjing Some of these instance of the form of extortion

"prove" that the Company's 'pro- which he desires to bring to light

My Company believe that European world, slive, being either a little Liberal, or else a Conservative. Most Petty was paying allow as 2.13 per

My Company have made inquiries concerns only 1:16 of the total particulars. We own a pig, there the percentage paiku shareholders,

to compare. er te same period, that the true facts are as follows:

Colony. The Bowrington Road Houses have fore we are anti-Socialist. We have the appreciatie of sares, accumula each three floors the ground floor, no motor car, therefore we want a tion of reservespondes, etc. This is the 1st and 2nd floors No. 1, Bo- speed limit. We have begotten asure to be don A present it may rington Road is an end house, and baby, therefore it is the handsomest serve to point it that the company therefore considered preferable to the infant we have ever seen. We are has just paidat pr cente, $3.50 others. It has side windows, which bored by poetry, therefore those who interim, $450 al, ad si bonus. rave over it are fools or hypocrites.

One thing vest point out right, We are sane, therefore dil who disagree with us are insane. As Mr. Handsacre a very like suggestio

foli. The lett sat- himself says (meaning the cap to fit

That althigh the upset price Mr. Chesterton) "we see with an

at the Govament auction was almest indecent alacrity what princi-$12,119, rextheled my Company ples involve for our opponents, but we had to pay $.000for the property! are frequently uncommonly slow to

owing to th competition at the recognize that the same principles

auction wh of course, the Go-Bowrington Road were and still decency," my Company have pre 8.85 per cent. nutil the year, when The 1st and 2nd floors, of No. 1, been described by His Excellency as cost of land and buildings, erected involve the same things for all of us."

a scandalous cutrage on public some 20 years age, nerer exceeded vernment full advantage of You will see that in any human con-

and were pales to.

let to the Sanitary Board pared the following accounts of the the return promises to be about 9.62 troversy. We are all unreasonable,

for the Sanitary coolies. That partier lat was surveyed monthly rent for the two floors turas in respect of certain of their per cent by no means unrea Beware the human being who pro two Chinese atlemen, who would ground floor was and still is $25 per renting out and by account No. 3 the Colony are not only prepared to take though our sanity may pass muster.for, and aucted at the request of, was and still is $27 only, whilst the properties shewing by accounts Nos, sonable return

1 and 2 the returns when directly fesses to live purely by reason, he is put up the arantee as required month. The monthly rents for No. 3,

That the Government of this- sure to be extraordinarily and even by Ordinand It was the Land Bowrington Road were and stifl

returns when farming out. remarkably

unreasonable. The Investment which (as it had a areGround floor, $24; 1st floor, land Lot 499,- 165/183. Praya East are, in fact, taking advantage of such (1)-Marine Lota 271, 283 and In-value of property in this Colony but advantage of the present rise in the great modert joke is the unreason of right to do, coarse) introduced the $24; 2nd floor, $25. the psycho-analysts, who. starting competition ch put up the price. who had previously been larming this Road, 1/19 Bowrington Road, 1/10 following extracts appearing is the On the 1st instant the Chinaman 2/5 Tin Lok Lane. 100/118 Wanchai rise is abundantly clear from the with the idea of studying psychology Then why theplied reproach? reasonably have gone to unreasonable

property gave up his lease and ar- Purchased from Linstead

Hongkong Daily Pres of the 24th lengths in applying their discoveries.

other Chinaman took a lease of this

instant, being a Report of the meeting. The reason is one that they themselves

and other property. The new

of the Finance Committee farmer, seeing no reason why the should most appreciate, namely, that

"PRAYA EAST RECLAMATION Saritary Board should hate the as the twig is bent the tree's inclined.

SCHEME Mat Reason is servant to impulse: Jm

rington Road (being an end house) 1st and 2nd doors of No. 1, Bow- pulse, getting there first. Ales.

at $27 per month whilst the Ist and 2nd floors of Nos. 3 and 5 were paying $49 and $48 respectively, wrote to

LOCAL AND GENERAL.

:

Since the beginning of the year 40,560 Chinese deck passengers have Left Singapore for China. Chinese in migrants arriving here during the same period numbered 98,581 of whom 73,219 were adult males.

J

about August 15.

*

WHY

ISA STUR PERSON CALLED

** ADUNCE?"

S

are

Road. floor.

No. 3. 24 24 No. 5..... 24

24

$25 24

The

that

bouse."

Chi Shing Lane,

& Davis, September 23, 1899, for Cost of building and other capital charges

...$ 86,000.00

123,947.94

"The Governor recommended the Council to vote a sum of $194,800- $209,947.94 in aid of the vote Public Works,

1903.

.....11.78.

1904.....

7.20

1905

3.31

1906.

3.04

1907.

387

1908.

2.21

1909.

2.13

1910.

2.13

and 6 months of the year 1904 was The property during the year 1903 farmed out and is the reason for the increased returns.

99/116 Praya East, 1/13 Burrows (2) Marine Lots 107, 108 and 109. Street, 68/88 Wanchal Road. Purchased from Siems- sen & Co, January, Cost of befiding and

30, 1900, for other capital charges.

$107,685.52

155,409.77

*$263,095.29

5

Extraordinary, Hongkong. Praya

and land included in numbers 5, 6,

7, and 8 on the Praya East known * Ene Buildings is $190,000 and the marine rights of that land and of marine lot 65 come to $104,200, which will make a total of $294,800. The provision made in the Estimates under Public Works Extraordinary, for the balance, I may add that it item 45 is $100,000, and this YORE is will eventually be a very profitable

that I trust we shall not be out of thing for the Government to acquire these buildings and marine rights, so

our money very long.

*

The Hon. Mr. Pollock: What is the cause of the excess?.

"The Director of Public Works explained that it was not intended originally to purchase the whole of.. the buildings and marine rights

During tiddle ages, certain theologians fe called “schootman"

The following are the annual East Reclamation Scheme, (46) Road the Head of the Sanitary Board returns after deducting Crown Rent, improvement at because thead been taught in the stating that the rent of the two floors Insurance and repairs, the last at 5 Resumption and alterations of Baile Arsenal Street, cathedral eds and chisters found-would be increased to $60, which is per cent of rentals collected. ed by Chargne and his succes-an increase of $11 only on the present

dings. sors. At these men were re-monthly rent of the 1st and 2nd floors

"The Chairman: The sam re. Return per cent.quired. for resuming the buildings vered and led up to on account of of No. 3, Bowrington Road, No. 1, their lear Their writings were Bowrington Road being, as before the court of resort; their opinions pointed cut, the end and therefore were

Tega

authoritative. the better house and always let at a Later, hor, their works fell higher.rent than the inside bouses. Chesterton often indulges

from favou ecause the form of which have no side windows. critic is doing it here. His reference Among the passengers who left their spectors was unattractive -As to the reason why the former to "religious manis clearly associates by the 8.8.Eastern" yesterday were sad their were not written in farmer let the 1st and 2nd floors of reason with what is specifically called Mr John Storey, Premier of New classical

No. 1. Bowrington Road to the There some, however, who Sanitary Board at such a low rental Rationalism. When the finite tries to South Wales, Mre and Miss Storty, comprehend infinity. it sometimes Mr CH. Hay MVC, Principal still clung the teachings of the my Company do not know. overtaxes its powers. Reason and Wales, Mr Thomas Fox and Miss doctrinese-Duns Scotus, a of tenants to make room for other Under Secretary for New South Schoolmer general and, to the

As regards (b) "The dispossession reasoning may pass through Fox.

grcar te of the Franciscantants who are prepared to pay Rationalism to unreason. Mental It is on the face of it a formidable breakdown is more likely to be the

order in ticular. So, wherever higher rents.""

My Company understand Captain Henry Nelson has been adhere the old order would nydertaking to dissert G. K. Chester- fate of the poot than of the clodhop appointed commander of the new seek tort his contentions by under this heading His Excellency ton. He is large as a writer and per. If the average man" cannat 535" liner, "Empire State," the second referring works of Stotus his had mind 1 to 3, Broadwood Board Larger as a man. Tradition has it see that, without rubbing his eyes and ship of its kind assigned to the Pacific opponent silence him with the and 1 to 8. Broadwood Terrace, that the chivalrous Chesterton has pooh-poohing it as Alan Handsacre Mail S S. Co by the U. S. Shippitz rejoinder you are. Dis situate on Inland Lot 2,039. srisen in a tram and offered his seat has done, his friends may take com- Board. The "Empire State" was due man" ore briefly, "You are a

My Company have made out a to three ladies. Alan Handsacre, in fort in the reflection that his brain to leave San Francisco on July 23 Duns," epithet of scors which comprehensive account which shows

book called Authordory," under is too inactive to be in danger. It on her first run to the Far East and gradually at its way into the acesty to tay Company.

the exact financial value of this pro- fake that formidable (and really will not reach insanity by way of is expected to arrive in Shangbai cepted-lige under the slightly annecessary) task and does it very reason. The situation is quite clear

13 Broadwood Road and 1-8 altered g of "dince." Thus it cleverly, about as cleverly as his A man who takes no exercise will not

is that one of one of the best Broadwood Terrace, Inland Lot 2039.

European Houses ictim dissects other people. For suffer athlete's heart and a man who There is a good story going the known of the Courch, ad-

Purchased from the Government tance, in answering a point in Mr. never exercises his thinking powers rounds of Singapore, apropos the fittedly and splitted 16th September, 1913: Gazette spect Chesterton's book Orthodoxy," he over a metaphysical course will not mercial traveller, calling on one of synonym stupidity and obstinate 24,238 sq. ft.

slamp, says the Free Pres. A com- teacher

been borned, iste price, $12,119.00; area, approx incur the risk of insanity so caused his customers, was curtly told that duliness "It is very true that it is dezir- The physically lazy man may acquire there were to orders for him. The able to regard life as an adventure, & liver; the mentally lazy will be traveller tried to use persuasion but and that it is not desirable to get stupid, but save. The asaity upon each time was turned down with into a rut. But this is precisely which a great many men pride them such remarks as "Overstocked." what Mr. Chesterton has done. selves is merely stupidity; the thinken Not buying anything," etc. At last Only he appears to be under the they despise as cranks" may be much to the annoyance of his client mpression that to wriggle about insane, to the extent of monomanis, the traveller commenced opening his fantastically in a rut is the same but at least are not stupid. The case. I tell you I've no order to buy thing as to get out of a rus.”• commonsense" of the Philistine or Rive, the client shouted angrily, new That is very clever and very true. Boetian is the sanest thing there is suppose you don't mind my having a thumb propose to re-

Well," said the other mildly,, "Irene It would be interesting to see how Were we addicted to Chestertonian look at my samples. I haven't seen view. A present we may

2. Chesterton would wriggle out of tricks, we would thereupon point out them for three months. at bole. Mr. Handasche, however, that sanity itself is a most insane

say, private view, but it not always see wood for trees, and thing, and that a lunatic asylum is a

offers promise. There is he sees a paradox in a very simple state refuge, for the same. To say that

Whiteaway-Laidlaw and Co. after of the sonnets we cyer read in ment of fact, when he says -- reason breeds insanity, as Mr. Chester and £12,339 for depreciation declares Mr Hamilton, the editor, is

providing £52,313 for lacume tax, a brilliant tumorous WOR **When it is stated in plain terms ton said it, is not the same as to say a profit for the year to February 23 belated spon the success What reason is the thing that breeds that it is the heart that breeds heart last of £193,030. A balance dividend of the cast for local fits manity, the average man rubs his disease, though Mr. Handsacre thinks of 21 per cent is recommended on eye and wonder if he has seen cor- it is. What if it were you had the ordinary abates, 123 per cent eetly the words before him. He has no heat, you would never have heart tax Ires for the year, the pd before of "religious "mania." disease. This is a discovery scarcely same at the previous year. It is Sant he has never heard before of the worth announcing Apr that find to £300,000), to wal

proposed to place 566,276 to reserve of madness of being too sane

dist Mr. Chesterton indiges very He has heard also, we preme, that special pleading sometimes, and ch learning made one mad. More excused because he does it entertain Hams have been anbalanced by lingly. His critic is not so entertain Braking than by those faum,te desconstate the aba

Hays:

oo often the aquel of of an overstatement,

INTERESTING OUNCEMENT.

Onay you will be able to gstika" for a dollar. The quarterly enters the Vi it be timbs up or

talen

·Rettima per cent,

"The Chairman: I can show mente", bera who desire to see it, a plan. The The following are the annual re-original intention was to resurse only. turns after deducting Crown Rents, so much as we required for the 200 ft. Insurance and Repairs the last at road, making an imaginary diagonal per cent. of rentals collected.

fine across the property, but that was found to be not so good bargam lor: the Government as resuming the whole. By this, the Government-gets- a portion of the Praya East, which will probably become most valuable, and a part of which may be required for public purposes which were not: foreseen when the original plan WAS, made. Approved.

1903.

3.87

1904

2.80

1905

Price paid Government...$ 20,000.00 Cost of building and other

capital charges

3.98

1906

4.95

1907

5.49

138,680,65

$158,680.66

1908

:480

1909

4.88

1910

4.84

Four houses let between January and April, 1916. Com (twelve months reckoned from la

All bgunes let from 1st April, 1916 April each year).

THARRIS Return per cent.

1916-1917

629 1917-1918 504 1918-1919...rise 477:

No deduction has been made for accounts, which are representative From pernual of the above depreciation,

(3)Marine Lot 107, 105, 109, that my Company have, had many. of the true position, it will be seen 271, 283 and Inland Lot 499. lean years. In the past and Conse Purchase prices as per

other sisects.

quently are now entitled to some of 095.29 the benefits to be derived from the 9,947.91

more rémunérative times, s

Thanking you for inserting the aboveYours faldisfully

S. GREENALLY

Acting Secretary),

By Order of the Board of Director The Hongkonst Land jurosh

and Agency Co. Ltd.

Hongkong June 29, 1922)

1919-1920 5.95

1920-1921 5.85.

been made in this account.

*No allowance for depreciation has

406 6.05

B05

On looking into the account it will

606

De seen

6.09

'6 19

5.57

211

BOWED

8.52

885

(1)That although the upset price 14 at the Government auction was $12 Gordon, ship's carpenter 119, nevertheless my Company had to Frays East about 945 to the competition at the suction of" span," WE Day $20,000 for-the property owing day's when near the Sea which, of course, the Government Chinese: matched roole fall advantage of and were eta gold Albert parties ta.

poisident fund and to carry forward, men inte allocate £2,000 to the employees pin

23,637, subject to payment of from cont

diary (if any) muminat £14,056 bronghi gir

1920

montin 1921

The account. No, The direct-reating, out sccount, so KEN | Constantly diminishing retura rly Bo-the years 1903 7 19:0,rangig? Year 1915 and 1921 338 per cent to 2 13 per