1922-02-18 — Page 1

Moutrie's

Pianos a

The China Itail.

ESTABLISHED

20

kstadjas konts 51

Barometer 29 91

Ronda

0,00 nch

號八十 年二十.11九千一英

Huanity 79

Fe.ruary 18, 1921, Temperature 56

THE

HONGKONG TELEPHONE

HANDBOOK

will be published

shortly,

Publishers:

5, Wyndham Street Tei 22

HONGKONG, SATURDAY, FEBRUARY 18, 1922, 日二十月正戌壬次歲年一十國華中 PRICE, $3.00 Per Month

TO-DAY'S CABLES.

BUSINES NOTICES

THE DOLLAR

To-day's closing rate 2/5 5/8. To-day's opening rato 2/5 5/5.

For the

145

BUSINESS N TIOES

GOOD SOLID VALUE

The

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SEATER R

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Telephone 1301

Aanager: YEUNG PORWAN.

THE

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Harbour Repairers

Engineering & Building Contractors, Ge 1oral Repairers & Shipchandlerz.

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FOR THE RACES

BINOCULARS

ANDREA

STOP WATCHES

[dánka a Metone to the China Mail)

FREE STATE BILL DEBATE.

CABINETS CIVIL WAR THREAT.

RESIGNATION HINT EFFECTIVE.

IMONIST AMENDMENT BEAWLY DEFEATED

Loxnox, February 17,

ELLIS COMPANY'S FAILURE.

UNFORTUNATE INVESTMENTS,

THE MARKETS NOT AFFECTED.

LONDON, February 17.

The failure of the Ellis Company has not affected the markets where the firm's difficulties were common In the House of Commons the debate on the Ulster knowledge for some time. It is understood that a com-

ders and do the Irish bill was resumed.

paratively limited circle is involved. The failure is Bord Hugh Cecil Coalition-Unionist) virulently attributed to unfortunate investments which were also after led the tias onto nt for a beach of faith.

the canse of the difficulties of the City and Equitable Mr. Asquith (Liberalj urged passage of the bill us Fire Insurance Company. The Chairmau, Mr. Bevan an eldy us possible.

3. T. Moles (Unionist; attacking the Government, inpated the assertion that Mr. Lloyd George or was of mast meters hd a sofed Sir James Craig that hou dary odretient would be of a minor character while Me Collins had been promised extensive changea.

Mr. Lloyd George, replying. flatly devel the

LEN ATLLENT

largely controlled the Ellis business. The estimate of | £2,000.600 liabilities je regarded as exaggerated but pro-

bably they will rag inte seven figures.

The estrability Dl งา early official stale- ment ຄ the special BALLBES of the Equitable liquidation is urred in insurance circles in order to prevent public uue siness as regards insurance and

Mr. Ronald Me Neill (Coalition Unionvc) intentance generally. attacked the

Government Ha dorlared

the spreches of ministers showed a betrayal of Ulster | more complete thau had been fotred

GRAVE DECISION.

BOOM SEQUEL.

There was nothing in the Equitable's last report or the Chairman's statement to the me-ting in last June *uggesting that he posilina was unhealthy.

According to the Manchester Guardian part of the losses of the Equitable and Ellis Companies were connected with heavy fall in the shares of two large industries couléns of boom formation, namely the Jute

Mr. Austen Chamberlain (foalition Unionist) emphasised the gravity of the decision the House was about to take. He mentioned that at one point of the negotiations with the De Valera Glovecumeat!hought the strag le must be renewed and was pared Industrial Limed and the British Glass Industries no wasary to raise 100.000 men, hasides puting all available troups into Ireland and waging the cruelest

form of war for months.

He emphasised that there had m double language on the part of ministers with regard to the boundary commission. What they had said publidy they had aid privately to those with whock i they were negotiating.

NO TURNING. BACK.

Captrin Craig (Unionist) drew atte..lion to the statement of Mr. Collins that the Irish delegates were told that large territories were involved in the boundary

commission

unite!. The Equitable wore large shareholders in Jute Industries and Mr. Bevan a was shareholder in Brilish

Glaus.

RAND L18^UR DISPUTE.

STRIKERS TRICKLING BACK.

MEN'S COMPLICATED SCHEME.

JOHANNESBURO, February 17. The striker are trickling back to work but very few mechanica have resumed.

The mine managements have settled down to a policy of getting the maximum return from the restrict ed operations until the full complement of strikers

LATER.

returna.

Mr. Austen Chamberlin replied that Mr. Lloyd Grorge never used the words large territories. He emphasised that interpretation of the document with td to the boundary rested with the commission. The Government's only function was to appoint a ela irman who would contuand the con idence of all parties. He The executive of the men's federation has endorsed hoped that North and South would agine before the a scheine submitted by an influential body of strikers emmistoa mat or the chairman would find himself with a view to en ling the strike. The scheme, which is very complicated, deman's the return of all men a conciliator than an adjudicatori ther as

on a pre-strike basis and suggests auother conference between tw best le parties. There could be no turning between the Government and the federation. Dark bemuse the alternative was civil war. If the

| House rejected the Government's advico the Cabinet would cease to be their leaders and would refuse to be thur agents. (Loud cheers.)

LATER,

In the House of Commons Captain Craig's amend ment to the Irish bill was rejected by 30 to 60 votes. The minority was composed of die har 1 Ulstermen,

WASHINGTON CONFERENCE,

FAR-REACHING EFFECTS.

LONDON, February 17. Mc. Sastri, interviewed by a Reater representative, exiphasised that the participation of western powers in the Chinese and Japaneso reconcilia- tion at Washington must result in diminishing the chanc's of Mr Aust Chamberlain anaouuaed that Mr. East and West and between the coloured and nou- gigantic struggle between

Michael Collins had a cured the release of 42 kidnapped | coloured races of the world. India is profoundly in- Unioniste.

The bill we read a second tim without division,

KIDNAPPED UNIONISTS RELEASED.

BELFAST SITUATION IMPROVED.

LONDON February 17. It is officially opine I that the Belfast situat ou na improved. The city was fairly posceful to-day, the border also, though there wus murb activity on both sides. Some 20,000 well armed specia's lève assembled on the northern side.

All the kidnapped evilians have been release t though about twenty constables remain in captivity in S uth Iruland

INDIAN RAILW V/S TAIKO.

A SERIOUS DEVELOPMENT.

ALLAHABAD, February 17.

The strike of the Indian personnel of the East Indian Railway has extended to Jamalpur. This is

terested in everything making for ponce and strength in the East, and her close connection with Britain will erhaps enable her in the happier circumstances of the uture to keep peace between the conflicting civilisations.

VICTORIA BOAROWING.

£4,000,000 51 PER CENT. LOAN.

LONDON, February 22.

A Victoria Government loan of £4,000,000 at 5h per cent redeemable in 1930-10 issued at a price of 99 is being un lor:itten.

LIVERPOOL COURSING

LONDON, February 17:

At Liverpost coursing in the Waterloo cup final

regarded as a very serious development as the main Guards Brigale beat Bealed Bob. The botting was construction and pair workshops employing. 11,000 3010 the winner.

hands are situated at Jamalpur. On the of er hund the truffle, staff of stations between Cawnpore and Moghul Seral buvo returned to duty,

JAILY G NON-DOOPERATORS;

PACIFIC RIGH S SATE,

PORTUGAL AND HOLLAND.

WASHINGTON, Feburary 17,

CALOUTTA, Febriare

Tin United States, Bean. Franos, and Japan us Two hundred on cooperation volunteers have hoon mirties to the four power reaty have formally nutinat 'gentynodil "to prida ranging from mon to fa Pingat and the Netborinride that tiny aro liemily rubly.

months for unlawful ugsunil,

ed to respect the rights of these two nations in This Pacino,

ITALIAN POLITIONA

BONOMI CABINET DEFEATED.

FIL TOT DIEJUTING.

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