1921-11-03 — Page 8

THE CHINA MAIL.

SHANGHAI DITCRCE CASE BANQUE INDUSTRIELLE Loans az, advances from or through

JUDGMENT. ENTERED FOR. PETITIONER.

In H.B., Supreme Court, at Shanghai, His Honour Judge Skinner Turner, Chief Judge, delivered judg ment, last Friday, in the case in which Mrs. Lana Singer in praying for

marriage.

the Banque amounting to between PROTECTING THE CREDITORSgtwo and there hundred millions of

INTERESTS.

france. Further, owing to repeated defaults of the Chinese Garemment very considerable sums das for treated 19 The following letter published in interest have been

substantial por the N.C.D. News is of general new loans. A

tion of the ampants generally listed SirI have the honour to bring to as owing to the Banque by the the attention of your readers the fact Chinese Government is, of course, that a very important group of French really due to investors in. loans for

| interest ——

Shanghai, Oct. 27.

ל.

TIENTSIN COMMENT.

FLACING TES BLAMI,

over

French Foreign Office. And not the least amazing of the develop- the collapse preceding

ments

of the Banque was the telegram from M. Philippe Berthelot

CANTON REGIME:

AMERICAN RECOGNITION

tation.

SOUGHT.

SIR DONC CRIX"

"Secretary."

FUNERAL-

MR. ALEXANDER MÁCKENZIEË.

Claud Severn, His Honour Mr.

The following

sent wa.

THURSDAYZNOVEMBER

DAIRY FARM NEWS:

BUTTER

FURTHER REDUCTION IN PRICES.

From 1st November 1921. -

IJ

"DAISY

"DAIRYMAID "

$1.25 per lb. $1.15

"} »

THE DAIRY FARM, ICK & COLD STORAGE, Co., Ltd.

SALE OF CARPETS.

our

We have decided to continue the SALE on TAPESTRY, AXMINSTER & VELVET PILE CARPETS

TILL

SATURDAY, NOV. 5th.

ALL LESS 33 1/3 PER CENT.

CALL AND INSPECT.

It is no trouble to us to show our Carpets as they are all laid out on Carpet boards for inspection in our large Furnishing Showroom on the 1st foor.

ELECTRIC

Mi

LIFT

The funeral of Mr. Alexander President Warren G. Harding has

Mackenzie took place at Happy Valley. been requested by the Chinese Six Companies, San Francisco, to Festerday afternoon and was very cognize only the Canfor government's largely attended. The service at the representatives at the forthcoming graveside was conducted by the Rev. disarmament conference to be held in J. Kirk Maconachie who made re divorce from her husband, William creditors of the Banque-Industrielle which the Banqua only acted as isan Washington, November 11. The fol-1 ference to Mr. Mackenzie a a man de Chine has formed an associationing agents. But the auma owing by loving telegram has been sent by the James Singer, the charges being under the name of Union of the Paling on Treasury Bills, advances, Chinese Six Companies to President and fellow worker who sought in äll things to shape his life according to crudity and adultery.

French Creditors in China of the and loans direct from the Banque Harding:

must be very large, and it was un-Warren G. Harding.

the divine pattern. He had shown His Lordship said that as this caus Banque Industrialle.” ~~

patience in suffering and cheerfulness was the first that had come within. I should like to explain that the doubtedly in connection with the President of the United States,"

Washington, D. G.

and manifold activity in time the jurisdiction of the Court, the efforts of thir Association will be for sami. that the Consortium formed in

"Our country has been invited to of strength, said Mr. Maconachie and question of domicile in China had to the benefit of a creditors without France to, rescue the Banque In- be settled, and domicile in China had distinction between French, Chinese dustrielle expected that a Chinese

be attend the disarmament conference

anw Ged bad granted him earcease to be proved. He had beard the or foreigners. If we are paid, it is Covernment Guarantee would

•parties on the subject and was cor-evident that everybody will be paid forthcoming that would enable it to which will be held on the 11th of;

finat a loan in Europe and possibly November in Washington. We are from suffering and release into a larger vinced that this was a case that came and in the same proportion.

The coffin was lowered into the within the order.

If, then, we do not, for the moment, America large enough to tide the very grateful, indeed, for this honour, life.

but in the opinion of the Chinese its

people, the Peking government will grave by Mr. W. W. Mackenzie and In case of this descrition, proof of call in the fareign and Chinese credi Banque Industrielle the charges was required in this Court torn, it is because we may be compell-immediate difficulties.

The position of the Banque Indas nos truly represent the people of Mr. A. ML. Mackenzie (sons), Mír. E. R. the same as in the High Court of td to take steps of a somewhat special! Justice in England. All of the charges asture with our Government, into thelle during the crisis which even-Chits. The Chinese Benevolent As- brought by petitioner had been denied which we could not bring in foreigners tasted in its suspension has been sociation, also known as the Chinese Dovey and Dr. R. McLean Gibson. by respondent, who in turn, asks for without impropriety and blandering extraordinary. As already stated the Six Companies representing all of our Amongst there at the graveside the custody of the children, of which But it need not be said that for all whole idea of starting the Banque people in the United States, earnestly were-Messrs. A. S. D. Cousland, J. there are three, the result of the other questions and notably for there was to break down the financial requests that representation at the Rodger, A Stevenson, Rev. H. R. of pure procedure, we shall be only too monopoly which had the official sup coming conference, be accorded to the The parties to the action ware happy to invite the assistance of all port of the British, French, Russian, only legal and constitutional govern Wells, Messrs. F. E. Ranger, B. J. German and Japanese Gorements ment of China, the Canton gorem Chapman, T. E. Pearce, F. Crawford, married in Harbin when the peti-creditors without distinction.

M. Berthelot, President of the ment. In view of the fact that the H. Griffin, J. L. McPherson and I am, etc., tioner was 19 and the respondent 34

J. BARRAUD. Board of Administration of the Ban-Canton government represents more years of age. The petitiocer alleges

que is a brother of M. Philippe Ber than half of the entire population of Finlay Miller, the Hon. Mr. matrimonial differences from the first

thelot, Permanent Secretary of the China, we earnestly and respectfully H. H. Gompertz. the Hon Mr. beg that they be conceded represenJ. H. Kemp, K.C., the Hon. Mr. day of marriage. Respondent on the other hand, urges that he requires his

H. E. Pollok K.G., the Hon. Mr. wife back to live with him, and is

T. L. Perkins, Mesars. G. I, Wake- bis evidence said that at racious

man, A. O. Lang, A. H. Hollings- times since they had separated, and

worth, H. E. Goldsmith, J. Duncan, while he was living at Hongkong

P. D. Wilson, R. M. Dyer, J. B. Ross, away from his wife, he sent her moner

A telegram which appeared in our to the French Ambassador in London,

A confession of baying murdered A. Piercy, H. Percy Smith, T. L. which she returned. This his Lordship last issue announced that the Constructing him to bring pressure on believed to be true. There was a sortium of Banks in France which the Governor of the Bank of England Ronald Hill at Yokohama on July Knight, H. Green. H. Hancock, B. A. general conflict af evidence by both had been formed for the purpose of and the Chairman of the London has been obtained in writing from the Hale, G. W. McKean, D. MacMurray, sides, however, all through the case coming to the rescue of the Banque Joint City and Midland Bank for the young Japanese, Tagaki Gingo, who W. Schofield, C. Bulmer Johnson, E. no corroborative evidence to Industrielle de Chine, had informed purpose of inducing them to come to was arrested by the Kotobuki Police A. Ram. I. Gibbs. F. Le Cable, B. F- It transpired in the in Yokohama. After several days Aucott, D. S. Gubbay. A. Dyer Ball, decide the issue of circumstances and the Minister of Finance that it has the rescue. no independent evidence to ascertain been obliged to abandon the idea, course of an interpellation in the imprisonment during which time he A. W. Smith. T. W. Robertson, H. the truth. When the parties had been owing to the fact that the Chinese French Chamber that . Berthelot's was constantly under the "third 1 H. Nemazee, J. Rassell, J. married five years and respondent Govemment is no longer prepared to dispatch was sent to London during degree" the Japanese confessed the Mitchell, Arnold Hughes, P. Farrell, had left Shanghai for Africa, petitioner abide by the promised guarantees, the interregnum between the fall of crime of which his inquisitors were T. W. Hill, Dr. J. E. Mitchell, and determined to live with him no says the Feking and Tientsin Times the Leygues, and assumption of office accusing bin. The peculiar part of Dr. Aubrey. longer. At that time the Court The nature of the promise and of the by the Briand Ministry. M. Briand the case, however, is that after the

Bat stoutly defended M. Berthelot, but police obtained the confession for William and Alec (sons); Jeans hsd no jurisdiction to grant a guarantees, we do not know. divorce,, but II's Lordship thought it is plain that the blame for the one cannot help wondering what would which they worked five days after Ernest (daughter and son-in-law); there were some grounds for the failure to reconstruct the Banque have been thought of the action of a the arrest of Tabag they are not end Jessie Margaret and William wife's decision, because, be contended, is now to be placed upon Peking, British Permanent Under-Secretary of satisfied that they have the person Alexander (grand children); mem- of the Committee of in the letter dated written to repon- and this being so it may not be out Foreign Affairs if (without the guilty of entering the Hill residence bers deat in November, 1918, it is ad- of place to consider, on the ste authority of his political Chief) he had and, in trying to escape, of killing Union Church, the Alice Memorial mitted that drink had been a material available at the moment, how far this instructed the British Ambassador in Ronald Hill. The finger prints of the and Affiliated Hospitals, the residents esuse for the unhappy relations that blame is merited. The Banque In-Paris to press the Bank of France and arrested man do not conform to those of the Helens May Lustitute, Messrs. dustrielle, it may be recalled, was or other leading French Banks to come taken at the Hill residence the moru. Arthur and Co. (Mr. Harry J. Lamb, Mr. R. Benson, Messrs. Cheng Kong, His Lordship reviewed the evidenceganized in 1913, with the aid of the to the aid of a Bank which had been ing of the tragedy.

Cheng Chow and Wong Hing Cheong), and came to the conclusion that some Chinese Government which was to inaugurated for the express purpose

Mr. and Mrs. E. E. de W. Abney, Mr. of the charges had beca proved, but subscribe one-third of the Capital, and of circumventing the declared policy

a Chinese and Mrs. W. Armstrong, Mr. and Mrs. that against Mrs. Acher be regarded formally undertook to "assist the of the British and French Govern- projected Lohn under as a most improbable story and the Bank in all operations that it might ments, and over which his brother Government guarantee was to be E., F. Aucott, Mr. Ah Yau, Lient- the Banque Colonel L. G. Bird and officers of the undertake in conformity with its presided. It appears that proceedings utilized for the rescue allegation against her most fail.

His Lordship ordered a decree nisi objects" The aim of the promoters, are to be taken against Mesrs. A. Industrielle, the balance of Fce. Hongkong Volunteer Defence Corps, against William James Singer in French and Chinese, was to evade Berthelot and Pernotte at the in- 300,000,000 being employed for Mr. C. Balmer Johnson, Mr. and Mrs. itance of the Prefect of the Seine, but imposed upon

industrial activities reserved by R. F. Brayn, Mr. T. H. G. Brayfield, favour of petitioner with custody of the

And they are merely for violations, of the the Chinese Government for the Mr. and Mrs. D. K. Blair, Mr. E. T. H the children and costs against repon-Chins by the Consortium,

benefit of French traders If this Bunjé, Mr. and Mrs. W. Budge, Mr. received

frons Company Law, and are not, if the re support dent. He further gave costs in it favour of the intervener, Airs. Archer. various quarters which were hostile, port of M. Doyen, the financial expert report was correct there may have J. H. Brister, Mr. and Mrs. 0. T. the who is investigating the Banque's been good grounds for the refusal of a Breakspear, Mr. W. Brackenridge, against both respondent and peti- for good reasons or bad; to

attempt to create an international affairs may be considered reliable, Chinese Government guarantree. On Mr. C. H. Blason, Mr. and Mrs. F. Guancial monopoly. Its privileged likely to develop into criminal the face of it there seems to be no Bevington, Mr. and Mrs. H. A. Cart position with the Chinese Government charges.

reason why the disastrous failure of wright, Mr. and Mrs. A. S. D. Cous- enabled the Banque to pat through a It cannot be said that the exper- the Banque Industrielle should be land, Mr. and Mrs. R. C. Comrie, Mr. number of large loans, which were to ment of indiscriminately financing exploited for the purpose of assisting and M. W. A. J. Cooper, Mr. and be utilized for various specified par- China through the medium of s French industry under the guarantee Mrs. F. M. Crawford, M. E. J. Chap

The man, Mr. D. H. Cooper, M. and Mrs.. POs but the real attraction of which Banque organized to combat the of the Chinese Government consisted in the fact that in contrast Consortium has been justified by the Chinese Government, in view R. M. Dyer, Mr. and Mrs. E. Danen- with transactions with the Con-resulta, or, has reacted favourably heavy commitments to the Banque berg, Mr. and Mrs. John Duncan, sortium, no attempt at effective super-upon French prestige in the Far East. might reasonably be expected to Mr. and Mr. G. B. Dunnett, Mr. London, October 27.-The Times, vision was made. It is difficult to It is difficult, in view of M. P. give guarantees which would enable and Mrs. S. E. Dutton Mr. and to them to be met, if by so doing the Mrs. A. Denison, Mr. H. L. Denny's, commenting on Lard Northcliffe's arrive at even an approximate figure Berthelot's unheard of action Japan se interview, said that, if of the amounts advanced to the believe that the French Foreign Office Banque might be enabled to resume Ar. and Mrs. C. T. Edkins, Mr. It could not, however, and Mrs. Clifford Edgcambe, Dr. Japan considers prace the only object Chinese Goverment by the B nque, has been really sincere in its support basiness. consistent

with ber immediate itself, or from loans offered for public of the Consortium. If it, or some of be expected, in its present appall and Mr. Charles Forsyth, the Hon. Lammert, Mr. Frank Lammert, Mr. Purves and Me D. J. Porres, estimate for her welfare, theri the subscription at its initiative. In the its higher officials have been playing a ing financial plight, to pledge its Mr. Ho-fook, Mr. P. I. Farrell and and Mrs. W. L Leask, Mr. D. N. Mr. and Mr. James Reid, Mr. E Washington Conference will offer an latest published reports the authoris double game the French Goverment diminishing credit to the extent of My Farrell, Mr. and Mrs. H. H. Larkins, Mr. R. W. Lee Jones, Rev. Ralphs, Mr. and Ms. E. A. Ram, Mr. of Fcs. 300,000,000 for the becefit Compertz, Dr. R. McLean Gibson, J. Kirk Maconachie and Mrs. and Mrs. F. E. Banger, Mtz and Hra mequalled o portunity in securing a Capital of the Banque is stated to cannot escape the corperation of other powers. be Fes 250,000,000, of which Fes responsibility for the present disaster. of French traders." It is to be Mr. and Ma. H. E. Goldsmith, Mr. Miconachie. Dr. and Mrs. W. B.A. Alex. Rodger, Mr. J. Rodger and It adds that the British are Japan's 150,000,000 had a.tually been sub. On the other hand the Chinese Gov- hoped in the interest of French and Mrs. CF. George Grimbic, Mr. Moore. Dr. and Mrs. J. E. Mitchell, family, Messrs. Reiss and Co., Han. es, but British opinion is divided scribed. And of this latter sum the ernment is unquestionably responsible prestige in the Far East that the and Mrs. II. Griffin, Hon. Mr. P. H. Mr. and Mrs. J. Mitchell, Mr. and Mrs. Mr. Claud Bereza and Mrs. Sorgen, on the renewing of the Alliance. S me Chinese Government is stated to have to a very large extent for the pre- refusal of the Freach Consortium to Holyoak and Mrs. Holyoak and J. L. McPherson, Mr. and Mrs. J. Mc Mr. and Mrs. M. J. Stephen, Rev. one-third, of Fcs Beat plight of the Banque. It has take further action for the rescue of Joyce" and "Dorothy" Holyoak, Cabbin, Mr. and Mrs. R.E. Macdougall, and Mrs. T. W. Scholes, Engineer views expressed in Japan indicate inscribed tbet a certain section of Japanese 60,000,000. It must be considered incurred large obligations which it has the Banque Industrielle does not Mr. and Ms R. Hancock, Mr. and Mrs. James Macdonald and family, Mr. Commander and M. Campbell Sam- opinion places little reliance on the doubtful, however, whether the Chin- no means of meeting at the moment, mean that that institution will be Mra. H. C. R. Hancock, Mr. and Mr. and Mrs. J. Finlay Miller, Mr. W. W. sou, Mr. H. Percy Smith, Mz. A ese Government has actually sub. and it seems to have refused to take forced into liquidation. M. Briard, A. K. Henderson, Mr. and Mrs. F. C. McKenzie, Mr. H.. M. H. Nemazce, Findlay Smith, Mr. Shak Ban, the The Tuner says it does not believe scribed even a minute fraction of this the only course which would enable io. July, estimated the Banque's Hall, Mr. and Mrs. A. Helingsworth, M. H. M. H. Nemazee and staff, Mr. Sincere Co., Ltd., Mr. and Mrs. ย Fcs. 500,000,000 Miss Hayward, Mr, W. M. Humphreys, and Mrs: William Nicholson, Mr. and Taggart, Mr. J. B. Thunion, ME TAK these expressions shy more than it sum in cash. Its subscription to the the Banque to tide over its dificulties. liabilities

No information has Mr. Ho Leang, Mr. F. C. Jenkin, Hon Mrs. Edward Newhouse, Mr: James Cheong, Mesra. Tysb. and Co., B. believes that the militarist desighe, Capital of the Banque was probably It may, or may not have been justi. (£10,000,000). put forward by sume Japanese, made in the form of Treasury Bills, or fied in refusing a guarantee in the yet been vouchsafed as to its assets. Mr. J.E. Kemp and Mrs. Kemp, Ormiston, Mr. A. J. W. Ogilvie, Hon H. R. Wells, Mr. and Mrs. F pornctly represent Japan. The Times in other words it was (on paperlent the form required by the French Con. But it is to be feared that the actual Mr. and Mrs. F. L. Knight, Messrs. Mr. T. L. Perkins and Mrs. Perkins, Williams, Mr. and Mrs. P. Dainglas aid that insurance was written to day smount of its subscription. Insortium; we have not sufficient in deficit will amoun: to a very large Kayamally & Co., Mr. and Mrs. Mr. Eldon Potter, Mr. and Mrs. T.. E. Wilson, Mr. and Ms. By Malen H. Pearce, Mr. and birs, J. A. Plummer, Mr. C. E. Warren, Mr. Robert Tape at odds-if nineteen to one that there addition to its commitments for its formation to form a definite opinion rum unless sorne measures can be W. G. Lay, Mr. and Mrs. would be war between Japan and share of the capital of the Banque on the matter. It was, however, re-devised whereby the Banque is A. Lammert, Mr. and Mrs. L. E. Mr. and Mrs. A. Piercy. Mr. and Messrs. M. M. Hogben, G: H. Turner

Lammert, Mr. and Mrs. G. P. Mrs. G. Percy, Mr. and Mrs. E. Davies and M. Ward. Unded States by January 1, 1923, the Peking Government has received ported that only two-fifths of the enabled to resume business.

had existed between them

tioner.

NORTHCLIFFE'S MESSAGE.

'TIMES" COMMENT ON JAPAN

STATEMENT.

Alliance.

restrictions

WELL OF ALL THINGS - HERE ›

IS A LETTER FROM THE PIANO COMPANY THEY SAY THEY CAN'T~ DELIVER MY PIANO TODAY - PROFESSOR CLEF IS COMING TONIGHT ATO SING - E MUST

HAVE MY PIANO-

&" FOR SUTE

BRINGING

YOU GO, RIGHT DOWN THE PIANO' COMPANY MO INSIST ON THEM DENDRO

I'LL DO

BEST I

UP

FATHER.

IT'S MUSE TALKIN'-

THERES NO CHANCE! OF CELINERIN' THAT

PIANO TODAY -

ARE YOU

POSITIVE

REMEMBER

SATURDAY, NOV. 5th.

will be the last day for obtaining these carpets st these prices,

D GET FIRST CHOICE.

COME EARLY AND

WHITEAWAY, LAIDLAW & CO., LTD.

HONGKONG.

MUMEYA & SANO

-

NORMAL ARTIFICIAL LIGHT STUDIO. Studio reopened at 38-40, Queen's R& G(oppodies Hongkong Theatre) photo taken Day and Night using 5,000, ep. light. Film Printing and Developing under- taken. Special attention to Home portraita.

Telephone 254

WELL - HERE'S TEN

DOLLARS. BEA SURE YOU DON'T CHANGE TOUR:

MIND-