1922-05-13 — Page 7

BANURDAY, MAY 13, 1922

SAIPPASS

P. & O.-BRITISH INDIA

APGAR AND

EASTERN & AUSTRALIAN LINES

(COMPANIES incorporated in ENGLAND).

THE CHINA MAIL.

·BARLIER TELEGRAMS.

Raster's Service lo the, Chine Mail.)

GENOA:

-G13004, May 19th. The Russian Reply complains that their efort to obtain consideration of the most important, problem of credits and loina is ignored in the Allied Memorandum which, however, seeks to impose on Busia the condition at the outlet that she just

accept her liabilities. •

BANK BESTING.

THE MERCANTILE BANK OF -INDIA, LIMITED.

At the annual meeting in London, on April 4, Mr. R. J. Black, the Chair man, presided. He said ----

We are pleased to be able to submit them to you earlier thar has been pos- sible for some years past, and

The reply contends that Russia acted considering the profound stagnation in in good faith as regards the settlement of

Detracian.

.

debts. This is damonstrated by, a desire trade during the past twelve months, hot to assume engagements which she is I think we have every reason, to be incapable of carrying out. It complains satisfied with them.. that Boma is singled out for

They reveal a although other States. at Gence repudiaposition of strength, soundness and ed debts and confiscated private property liquidity, which in times such as these,

The Powers attitude towards Russia is attributed to a desire to defast the Soviet is so essential and necessary, to with- ideals, the reply lays stress on the im-stand the strain of the world wide possibility of permanently isolating

MAIL AND PASSENGER SERVICES dan roints out the uselessnees collapse in commerce, and the slow

STRAITS, JAVA, BURMI, CHYLOX, INDIA, PERSIAN GULF, WEST INDIES, MAURITIUS, ELET AND SOUTH AFRICA, LUFTRALASIA, INCLUDING KEY ZEALAND AND QUEERÉLIED PORTS, KED

KRA, EGYPT, EUROEL, 2. 16

PENINSULAR &, ORIENTAL FORTNIGETLY DIRECT ROYAL MAIL STEAMERS. (Under Contract with H.M. Government.)

S. S

"DONGOLA " "ENTRFR" *SICTLIA" **DELTA "KASEMIR" "BOT DAN" "KARVALA " "KASHGAR" "SARI NIA "I·ETANIA " "EALYAN"

Tons

STOM Hongkong (about)

1800

7th Tare

18.000 24th Mar ST00111th June

1st June 17.000 15th July I 2.0

8.000

19.b July

| 9,000 1,2nd Aug- 1931 118th Apr.

I see 3-h Aug.

887 | 13th Sept./

BRITISE INDIA-APOAR

"TANDA"

Destization

do.

do.

of credits if the Government is not assur difficult progress of its reconstruction nd of the necessary means; to assist pro-1921 was a year of liquidation, not duction.

The reply declines to accept any propension, and until the wreckage of hibition as regards propagands unless the boom of 1919 is completely swept auch is illegal. It expresses a willingness away, there can be no soul revival, to discuss Russo-Romanian relations at and that will still require time. an opportune moment but Rusia a an think I may say, that the general feel nconquered State, objects to the tone ing is that the position has seen its adooted towards her at Genoa

The reply concludes on an optimisin worst, the process of thawing frozen acte as regards the surmounting of dif. credits is proceeding, and it is only ferences and reiterates Bussia's coa matter of time before the way will ciliatory intentions.

be clear for a revival of trade, other GEO. May 11th The Belgians think the Russian Reply

things permitting. is unsatisfactory inasmuch as after s whole week has elapsed it is indefinite They mention that if a split occurs it Schanzer's formala for Article FTI. had will be the Russians' fault, because Herr bronch: Ressia into very close agreement with the other powers

MARSEILLES, LONDON & Awerp Spore. Fenang, Colbo & Bber MARSEILLES, LONDON & A'werp Spore. Perang Colon & Bitsy MARSE, LONDON & Awer-sider the answer readers further negotix The other Delegations apparantly con. tions difficult, then, the Russian desire for peace has produced a good impression generally.

GENOA. MAY 1

ča.

da do. do.

SAILINGS (South)

65, 1st Mag. Penang. Singapore, Calcutta.

NOTICES TO CONSIOMEES

VEREENIGDE NEDERL, NISCHE SCHEEPVAART - MAATSCHAPPIJ (United Netherlands Navigation Company)

HOLLAND-OOST AZIE LINĮ (Hougan-mat Asu Lo)

NOTICE TO CONSIGNEES.

From AMSTERDAM, BOTTERDAM, HAMBURG, BREMEN, GENOA and HANICA

3HIPPING

ANYAK.

SASSINOR FURIKOT VON ALTERATION.

VICTORIA, SEATTLE & VANCOUVER via Shanghai à Japan, porta. Through bills of lading issued to all Oran land. Common Paints in U.S.A. and Canada. IYO MABU (caling Keelung)

SHIDZUOKA MARU (Calling Bestung).

Monday, 15th June, at 11 am. Monday, 3rd July, at 11.3.

MARSEILLES, LONDON & ANTWERP via Fingapore de

HAKONE MAÑO

SUWA MAKU --- --- SAMBURGTIA DUNKIRK

KITO__MABU

Wednesday, 17th May, at 31 2.m Thursday. 8th May, at 11 a.m. DOB, ROTTERDAM.

„Middle of Jame

IVERPOOL via MARSEILLESE & VALENCIA.

TATSUNO MARY.....

AKI MARU...

11

Sanday 4th June MondaJiness 13 13.

2nd May at 11 am

The S. & "OUDERKERK" Raving arrived from the above porta,-SYDNEY & MELBOURNE via Mahila Be consignees of cargo by her are notified that all goods are being landed at their hasardous Godowns of the Hongkong risk into the hamdous and/or any

TANGO MARU

NEW YORK vis-PANAMA,

DCRRAK MARU

NEW YORK vs Snez

Tuesday:

End of Hay.

W

RIO DE JANEIRO, SANTOS & BUENOS AIRES vis Uspe BOMBAY is Singapore & Colombo.

MRKAWACHT KARUM

BOMBAY MARU ...

----Friday, 13th May AFCUTTA Singapore, Penang and Rangoon, KAGASAKE KOBE & YOKOHAMA,

TOTOMI MARU

Sunday, 1st May

& Kowloon Wharf & Godown Co., LA whence and/or from the wharves de very may be obtained.

Joods not aleared by the 18th May, 1933, will be subject to rent.

packages are to be left in the Godown, All broken, chafed and damaged where they will be examined on the 15th May, 1922, at 10 am. by

TANGO, MARU ... Here. Goddard & Douglasi

SHANGHAI, KOBE & YOKOHAMA Claims against the steamer must beMISETA MAKO.” —-- presented ip writing within ten days BDO MARU... siter araval of steamer, otherwise they will not be recognised.

1:

the underged in any case whatever.

No Fire Insurance will be effected by

Bill of Lading will be countersigned

JAVA-CHINA-JAPAN LIJN,

General Agents

Unfortunately there are other inci- cate problems and impediments to be solved, the first among them being have assumed, prominence never by exchange. International exchanges. before experienced or realised by the war days were so moderate as * ordinary trader, as fluctuations in pre- cause little convenience and disture. Borghong, May 11, 1922. barce, but now, in many consuming countries of India's products, the gap The murder of the Russian reply is between the value of their currencies inne defence of Rossis's attituds in and the £ sterling is in many is repudiating public debts, declining to stances, practically unbridgeable, and it Current, Fixed Deposits, etc., bout restore private premte, and also insist is diffult to see how a kee imer- 75 per cent.: it is high and does not ence on reciprocity in the matter of change of trade can be restored and denote active trade, but in these un- Nation*. Nevertheless the communica- tion ends he accenting the liabilite this most complex and involved certain and anxious days I think for public debte conditionally on the question is adjusted, and it is to be to be appreciated. (Her, beat.) For hoped that the many intermath cis the same reason our holding of cussions may soon throw some light Government and other stocks has on this very difficult situation.

increased by £575,631. Our tree the meter of exchange, it should be 13.549. but we have still to meet I think, however, that apart from bold pemises stand us in less by

home in mind that the general im the cost of our new buildings in

of the world must Madras. Rangoon and Kota Bharu. The appointment restrict the power of purchasing; it is On the other side of the account,

EASTERN & AUSTRALIAN SAILINGS (South) caused by Fereign intervention and

EASTERN

2,546

Manila

Cairns, Thorsday llard Townsville, Brisbane, 1st Jute

Sydacy & Melbourne. Frequent cronictions with The Union *.S. Co. sepers from Australia ro The Curd Rh grom via New Zealand, Tir. Santareisen etc, er per The New Zealand Shipying Co-a tersels for houthampten and Lerdon vir Parama Cipal.

"TAKADA

SAILINGS

ΤΟ

***TREW INSARD"

"DELTA"

"SICILIA"

SHANGHAI

16949 16th May * 7,93317 May 8,100 1st MAT 30th May 670

& JAPAN

Amoy, Shanghai and Bobe. Sharghai and Moji. Shanghai and Japan Shanghai only.

all dates are approximate and subject to alteration without notice.

--FLEX TELEGRAPHY FITTE ON ALL STEAMERS

•Passengers for Renzoch must defray heir own Hotel expenses at Singapore ta: Saloon l'usengers may travel by B.I.S.N. Company's steamers between Signpors and alcutta Singapore and Madras in lieu of the section of

while waiting for the on carrying steamer.

their 10. Tickets Ein.apore to Colombo.

All Cabins are fitted with Electric Fans Free of charge.

sreels Measuring not more thas 2 ft x 2ft. 11 will be received at the Company's Office up to noon vn the day previous to miling.

For Farthes Information, Passage Fares, Freights Handberian, etc., apply to

MACKINNON, MACKENZIE & CO.

E2, Des Voux Road Central, HONGKONG

3. ING ♣

▲ genta.

C.O.

LÄRGE STOCK OF SHIPBUILDING MATERIALS, viz. Steel Ship Plates, Angles and Bars. Also Shipchandlery Articles,

Tolephone No. 1116.

25, Wing Woo Street, Central,

T. K. K.

TO YO KISEN KAISHA.

Reduced Fare to Etroje T.S.G $20,80 First Class ihrocab ut HONGKONG ΤΟ SAN FRANCISCO. VIA SHANGEAL THE INLAND SEA, JAPAN & HONOLULU **THE PATHWAY OF THE SUN.”

TOSE.

LAMEBA KOREA MABU SHINY MABU-200)

PERIA MARE 2,00%)

TAITO MARU.....

SIBERIA MARU

KTENYU MAHU.

.........

2000

LEAVE TONGEOKG. May 4th.

.May 19th.

June 18th.

Jone List.

July #th 2.000.......................... July 19th.

$ Calling at Keelong.

Calling at Keelura.

; Calling at Dairen and omitting Shanghai.

Calling at Dairen.

SOUTH AMERICAN LINE. HONGKONG TO VALPARAISO.

VIA MANILA, KKELUNG, JAPAN, FONCLULU, ETLO, SAN FRANCISCO, SAN PEDRO SALINA CRUZ, BALBOA, CALLAO, MOLLESDO,

ARICA AND 1QUIQUE

THING BY Tranvändrax ROUTE 10-Busros Araz,

STEAMERS.

TOKA.

SEIYO MARU....................................... 14,000

RAKTY MARU.

†GINYO MARU......................

Omil Manila.

LEAVE HONGKONG..

May 22nd.

****Aug 27th.

June 14th.

For full information residing passengers freight and sailings, apply to:-

T. TSDIFUMI. Zapater; Kipe's Puilding. Tel No. 2374 & 2375 Agents at Carton; Messrs. TE GEIFFITH LTD.

TER!!! CHINA MAIL.“-

The Chima Mall' if delfrared from až barbers in Hongkong and Kowloon

"Postage in Charged at the rate of Kiêky semtà per montă.

Rate of abscription to the “Overland

their recents each.

the blackade being recognised.

It staten rearover, that Foreign ov of property now nationalized are entitled to enjoy a preferential right where pre- perty was granted as a concession. mixed arbitral tribunal as it is certain poverishment

Objections are raised to the proposed

Got to be impartial.

is

of a Mixed Commission of experts is the natural concomitant of war such our paid-up capital is unchanged at: suggested, to consider the molation of Saancial difficulties between the Powers as the last, and the only remedy for £1.050.000 and the Reserve Fund is and Russia.

that is time, thrift and patience. now £1,150,000. The Note Circula- The real substance of the Russian reply With one slight flicker of activity in tion in Chêm hes inceased £127,583 ir contained in the concluding para the early turn, rupee exchange has to £284.888 and Current, Fixed graphs, wherein Basaia wants to know fluctuated throughout the year within, Deposits and other accounts have de- clearly what credits she is likely to obtain.. before undertaking the obligations g-moderare limits, ie., berveen is.32d. siined £3,149,775, chiefly due to the gested by the powers. The caly part of and Is 34c., and there is nothing at withdrawal of short deposits in the the reply which Mr. Lloyd George con present, and with the existing outlook East. Bussia's desire for race, and her readi-e. We are in the dark as to the siders satisfactory is the expression of of foreign trade, so indicate any early Bess to enter into a non-agression pact.

Account,

Toming to the Profits and Loss the gross profits, are ciple of the restoration of foreign-orged to the fixity of the vakse of the rupee evious year, but Expenses 81119-

The Bustans reject as impossible the price policy of the Government in regard £531,868 as against 549, 123 in the private property, whereon the Belgians 25, which for the time being in Management are less by £20,080, us and the French are insisting, and war aromalous.

already explained. debts are specifically excluded from the conditional offer to accept liability for

The allocation of the profits. is hully public debts. Mr. Lloyd George. M. Bar his recent Budget speech, carefully described in the report, and you will thou and Herz Scharter conferred on the abstained from passing any opinion on notice that the interim dividendi last the Future, and the official estimates year absorbed £54,000 as compared for 1922-1923 were based on an with £60,000 previously, owing to the exchange of is. 44. as against is. Bd.. issue of "C" Shares in 1920 being in Full operation during the year under

The Finance Minister of incis, in

reply.

On Wednesday. the British Empire Delegation also met to decide on a line of action and it is suggested in the British Press that the reply may mean the ad-in the previous year, jourzment of the Conference.

Mr. Horne's announcement in Parlia ment that no Government loan to Russia is contemplated; is generally approved.

WORLD'S LIGHT-HEAVYWEIHT CHAMPIONSHIP.-

ITKE.

I feel I must refer to another review. We propose a fraui dividend influence which is not helpful in the of 8 per cent, for which a further present time of difficulty in India, and £84,000 will be required, and thei that is the political surest. It may amount carried forward to this year not be the cause of our financial and will be £137,671 65. 10d. as against | commercial troubles, but it aggravates £127,638 7s. Id. brought in them, and I am sure if allowed to continue, it will become a real menace

Our thanks are due to the staff, o!| all grades, for the very excellent work | performed last year. Those in respon- sible positions have had anxious and arduous times, but fortunately we have men on whom we can depend, and we might appreciate their loyal service.

At the Olympia Hall, in the World's and danger to the development of the Light Heavyweight Championship of country, and revival of its commerce, twenty rounds, Carpentier knocked out when the present though passing diffi- Lewis with a right to the jaw in the culties are overcome. first round.

Everyone who knows India must be The Olympia Hall was packed with aware that disaffection is growing, and huge crowd which came to witness the it is a plant that expands very rapidly In conclusion I hope that we may Sght between Carpentier (World's Light by neglect. The masses of lodia did shortly receive some relief in taxá- Heavyweight Champion) and Lewis, the rotary for reform of this far-reaching tion. If we are ever to make my challenger. E.R.E the Duke of Toric nature, and look, I think, with con- headway in the liquidation of the debt and the French Ambassador were present stemation on the latitude given to the that is hanging over us, the country Lewis was the first to appear, followed so-called reformer or agitator in his must have some chance of prosperity 3 minute later by Carpentier. Beth me rockless preaching of treason and and reviving industry; at present little

a tremendous reception, bat it was a diver pointing fight, lasting caly one sedition. (Hear, hear.) They shribune and, in many instances, nothing is left

and filty

ir to weakness, and want of governing for development, and working capital. lly seconds.

p

Friday, 18th lay at 11am-

--Thursday, 11th May at 4 p.. Friday, And Jums it fi am

SIFPON YUSEN-KAISHA,

Ter further information soplyt

Telephone No. 292 293.

KE KA 52° Maraget.

KAIPING HOUSEHOLD COAL

From 1st April 822 piles of KAIPING HOUSEBOLD COAL will be as follows

ין

Spelling

Delivered to Peak. District (above Bowen Road) *** $21.00 per tám.

Bowen Bead and Lower Levela

$19.00 Orders should be sent in writing st Jess: 24 hours, before the foul is requis d. All orders must be sccompanied by auth Cheque," or "Compradors Order

payable to TE KLAY MDING

DMINISTRATIONC" %25

THE CAILAN MINING ADMINISTRATION

BEAD OFFICE :-TIENTSLK,

DODWELL & CO., LTD, ¿gents, Hongkong.

NIAGARA FALLS CANDY-

Bring Your

3

Operated by the On Lak Yuen Co., Ltd"".

29-31, Des Voeux Bosd Central.

Bring Your

harta : ICE CREAM & CANDY PARLOUR Trimis

IDEAL SUMMER BEVERAGES.

ར་ན་ ་

AVOID THE SUMMER HEAT. TRY OUR SODA -FOUNTAIN.

OUR PARLOUR OF SUMMER DELIGHT IS KEPT COOL IS SUMMISË ET ÄN ELECTRIC VESTERATING MACHINE-YOU WILL FARE COOL

*A** 70**DS. HOT. WEATHER

THE WING CRBUNG MOTOR BOAT CO Fast and Comfortable Motor Boats de lure. For hire and for sale. Pienie Parties, and Fassen

gert carried to Kowloon, Vessels in baszbor

"

MODERATE TERMS. 'TAL 312Ł Office: 16 Anton St, Wanchai Managers-Lokam.

LeWING CHEUNG & CO.

to

disseminated throughout the or likely in the long run to be the best country, and if not checked it will for the country.

At the start Lewis rushed across and power, a dangerous notion to allow to I cannot believe that pulley to sound, clinched, the referee separated them and be warned both contestants. Another clinch followed with Lewis landing rights fallow Lewis led the left to the face

by another clinch. Carpentier sent in a

anasty uppercat, the Frenchman missed with a right to

the

alternate their faith, loyalty and re- The simple lesson we have to léam spect for British rule which was, is that if you cannot afford a thing you bounded (Hear, bear.)

must do without it, however desirable The evolution of self government it may be.

༄

SHIP ·CHANDLERS

AND

GENERAL STOREKEEPERS No, 106, Des Faux Road Central, HONGKONG.

THE HON SHING COMPANY.

34 Queen's Road, Central,

* GENERAL MERCHANTS. PORTA.---Plans Goods, Metals, Bradzius, Chanziani, Kaestnery. Provist XXPURTLEisarad Ong, Ratten Goods, all kisde of OS. Tealber, Eide son Rés

Przyciała. Wazm, Stik und Brabroldmden, Ten and Tolans Lang

the jaw, but in the breakaway from the should be gradual in a country such as; I now beg to propose :-" That the elinch which followed, landed a right ludia, but the present readiency is to report of the Directors, with the audit arm jolt to the chin, finishing the fight, run before they can walk, and to od statement of accounts, and balance which came to an end with Lewis taking introduce drastic and far reaching sheet at 31st December, 1921, pre- the count. Carpentier stood by and assisted Lewis to his corner.

measures, before the country is ripe sented to this meeting, be and the to receive them, sód unless moderat- same are hereby received, approved FLOODS IN CANADA INCREASING. ing influences are brought to bear and acted and that a fined dividend and the Governmeru governs, we are "on the “A” “B” and “C” Shares on the high road to trouble.

of this Bank of 8 per cent,, be paid; Progress by dl means-it is right-making 16-per cent for the year, less. and nevinble but the pace is being Income Tax, as recommended in. the forced so much for salety, and the report, and the he is hereby THE ORINESE FOREIGN KNITTING CO, LTD. ultimate peace and properity of India confirmed "

WINNIPEG, May lith The food situation is increasing la gravity, several districts report a steady rise of from Eight inches to four feet..

PORTUGUESE FLYERS AGAIN: MISSING

New Youx, May 11th Advices from Pernambuco state thas

itself.

Mr. John Cutcliffe: Is there any The figures in the balance sheet are reason, sir, why the "A" and "Bu based on the rupee at is 4d) and, as Shares should not be coteolidated,- I told you last year, we have not and is there sny resson against letting varied that este throughout, so there as know how much of the "Govern is no allowance be made for ex” ment and other stocks” is in Home

Government rocks?

Communications relating to news, should thins Mall" is $12 pig annan postage the Brazilian destroyer sent out in search bange in poorparison with previous Government and how much its Liars

$3 per annum artes. Staple copy twenty of the Portuguese texus Atlantic "Byers-

Alterations and additions to Adryrke, machine prepatory to

who left Fernandonoronha to test the new years, except in the expenses of nests on Pages 2, 3, 6, 1.8 and 9 should fight has not returned.

their scagement, which show a shrinkage The Chairman: As to the first of same £20,000, owing to conter question, the “A” Stares have e went to the Nice, No. 5, Wyndham rest, not later than 11.30 am

sion of foreign payments at the lower preference over the "B" Shares (which I think it would be very, difficult

tadtermed zo. Tri Korros.

Compondan mist, forward mazes and addresses with any communice- Mam ddrised to the Editor, not necesarily for pablosion but as evidence of good

All matter for pabilostion should wyisten on one side of the p

The paper only.

be.

Letters relating to busdoes should be Akromoć to Tuz MANAGEL-

Rafe of saberiptiòp to "China Mall” la 138 par sunam ; per quarter and par men Mom tpro zaba',

Ondaes for extra copies of the Chant & Maiz Khould be sent as soon as posthia sa the apply in Akulted, Coah 10 min., Cradis ,37 2m pet oppy.

Alterations and additions to ́à Avartlan 'masafe on perse-1, 4, 5 and 19 should 2012-

sant ne not later than 1. pim

bad

New Advartisenatia fhould be sent in

p

are not pedered to a fixed padod will be Adjectissimacia and Zubaniptions which sontioned until counterbanded,

Talagraphie Address *Maxx' Hongkong, Code: AB.O. 6th Baltion.

Telephone No. 22.

ATER CHINA MAILI

resuming

FOR A LAME BACK. When you have pains or liveness in the ruk lathe the part whChamber Jaise Pilz Balni twies a dy, managing with the palm of the hand for five minutes at each application." Then dampen a piece of fanner slightly with this laiment and bad-it-60 over the mat of pain. For sale by all Chemists and prekeepere;"

rate.

The contraction, therefore, in the to remove. † Ås to the second question, figures before you is solely due to the approximately--I only say, approxi« restrictions of basiness, and, as is bes; described by the term I have alrea used," the thawing of frozen credits, i. e. Loans Receivable and Advances!" have dechend from 48,755,919, wo £5,918,539.

You will notice no doubt the high ratio our liquid resources.

mitcly-dep-finds are EtHome Government Stocks and one ed in Indian, Goretament Socks Well, gegilerion, 1 if iture, are no other questioną to be asked i will plz the re-

tign to`gin meeting. The "rasplation/sna- cried an

178, Des Voeux Rosd Central. Kanufacturers of Rocks Woollen Underwear, Singlata & Wocilen Sweaters.

Telephone No. 412,

Cable Address:-Kaiting. -WONG TONG

TELEPHONE HANDBOOK.

NOW

ON SALE

AT

PUBLISHING OFFICES, DOLLAR DIRECTORY CO.

Streek.

Mesure BREWÉE & Co. Queen's Road,