1922-08-03 — Page 1

Moutries

advertise the

Victrola

after a busy Day.

The China Mail.

L

ESTABLISHED

August 3, 1923, Temperaturo 82,

Barometer 29.42

infall 0,28 inch.

No. 18,635.

四拜禮 辦三月八年二十二百九千一英

BUSINESS NOTICES

After a busy day-

The Victrola!

The Victrola offers you the ideal relax- ation-the soothing, restful influence of the world's best music. Great Victor artists sing for you the very songs you love to hear; the magic of their genius helps you to forget the cares and worries of the day.

Why not come in today and let us prove just how easily the Victrola can help you?

S. MOUTRIE & CO., LTD.

Exclusive Distributors.

YEE SANG FAT CO.

JUST ARRIVED

SILK HOSIERY

Verwear

The well known brands:

Hosiery "EVERWEAR”

"PHOENIX"

も

ECONOM Y

PURE SILK HOSE

For GENTS and LADIES.

"INTERWOVEN "

SILK SOCKS

wear proof

The nost Jumble Pine Socks

sold at

YEE SANG FAT CO.

IN DOAL.

Fochyen Luma Gold stands for eozony lu Cual value. All Jump Cosle bato a large porenings of deat with W PRACTICALLY WASTE. The dost, lu TETRUKN Lup harns luto Lupa sa 1903 sa they are cast te ilora Purina Jump el baran gronally and therefore a doctdel Y.CONOMY.

BING IP

Coal Merebants & Contractors, 27,Queen's Hauk Central. Tel. 320. Cable skåress *Bindrace

Solo Agenta for Pueluen Con

We stack in our godowns if grades of other Fachsen Cost

We are manufacturers of

Felt Hate, Straw Hats,

Linen Hals, Topoes, etc.

Manufactured in

HONGKONG by the

NAM YUET HAT FACTORY,

29-30, SunkIwan Road.

MEE WAH KNITTING & DYEING CO.

General Knitter & Dyer.

Manufacturers of Woollen Singlets, Jerseys, Sweaters & all kinds of Underwear.

Máninger :--YEUNG PORWAN,

No.8-18, Causeway Bay,

Telephone 1201.

DONNELLY & WHYTE.

Tal 638,

WINE MERCHANTS.

Tel. 839.

THE INTERNATIONAL SHIRT CO. Haid Cice: 79 Wyndham Stroot, 2nd Floor (Opposite Central Police Station.) - Tel. 4166.

Dealore in all kinds of High-class Silk Flirty, Collars, Necktie and Pyjamas for Gentlemen. AKDALSO

Chemises, Skirts, Wrappors, Senris, Veils, and Nightgowns for Ladies ALSO, MADE TO ORDER

MODERATÈ PRICE -PROMPT DELIVERY

fanagor: EMILIO LAU,

Humidity 88.

August 3, 1921, Temperature 81.

THE DOLLAR? DIRECTORY CO.

'8 Wyndham Bk. PUBLISHERS

OP:

HONGKONG DOLLAR DIRECTORY TELEPHONE HANDBOOK

TEL. No. 22.

HONGKONG, THURSDAY, AUGUST 3, 1922. 日-十月六戌壬次歲年一十國民辈中 · PRICE, $1.00: Per Mouth.

TO-DAY'S CABLES.

(Reuter's Service to the China Mail.)

INTER ALLIED WAR DEBTS.

POINTS OF THE BALFOUR NOTE. :

WHY BRITIšu rolicy CHANGED.

LONDON, August 2.71-

A closer perusal of the Balfour note on allied war debts serves to impress the importance of the views pressed on a eubject on which the Allies bave hitherto dieplayed an inclization to fight ehy of. His Lordship at the outact of an historio document which is causings profound atir shows that of a total of £3,400,000,000 war debts, excluding interest at present due to Britain, Germany owes £1,450,000,000, Russia £850,000,000 and the Aĺko££1,300,000,000. On the other band Great Britain owes the United States £860,000,000 at par exchange with interest since 3919. The note proceeds to point out that no international discussion has yet been held on the exampled situation which the foregoing figures partially disclose and pending a settlement which would go to the

THE DOLLAR.

To-day's closing rato 2/7.1/16. To-day's opening rate 2/7 1/16.

INTER ALLIED WAR DEBTS.

FOREIGN OPINION,

STRICTLY HONEST AND FAIR."

LONDON, August 2.

It is stated that representatives of American- financial interests at present in London have expressed the view that had Britain's readiness to cancel debts owing to her been carried out the United States would have been morally compelled to follow Britain's lead, probably not immediately but after a general election. They pointed out, however, that there was the political as well as the financial side of the matter to be con sidered by the United States. The opinion is held in well-informed foreigd and allied financial quarters that the Balfour note will mean that the foreign governmenta concerned who bave no foregin credits available except those from Germany will have to obtain the money Decded for payment fror

Germany herself.

root of the problem the lovemment had silently allied debtors concerned will not be in

[It the latter is unable pay obviously the

abstained from making demande upon the Allies either in respect of interest or capital.

THE AMERICAN DEMAND.

а

position to produce the kums necessary and the moratorium requested by Germany will have to be given In other casos. The view is generally expressed that the British standpoint is strictly honest and fair but does not remove the present difficulty and brings the solution of the European economic chaos no nearer.

....'' AMERICA'S ATTITUDE.!!

FOUND OF FLESH DEMANDED.

LONDON, August 2.

In the note it is shown that Britain was not enabled to adopt the policy acceptable to it as part of a eatie factory international settlement of remitting all debts dao by the Allies-or in respect of German reparations, owing to the American Government "with the most perfect courtesy and in the exercies of undoubted rights" requiring Britain to pay the interest due and to

Early comments from the United States on the convert debt from an unfunded to a funded debt and

Balfour note quote Senator McCamber, Chairman repay it by a sinking fund in twenty-five years. The of the Finance Committee, who made the statement: note emphasise that such a contract accords with the We will never cancel Britain's debt." Other prominent original contract. "His Majesty's Government does not enators are equally emphatic that American opinion is complain: they recognise their obligations and are pre-atterly averse to such a step.

ared to fulfil them, but it is evident they cannot do this without profoundly` modifying the course", which l they would bare wished to parsarla Hifisert Fleur. stances."

REPAYMENT OF LOANS.

The note dwells on the fact that the change of British policy regarding the cancellation of debts was adopted with the greatest reluctance. Outlining the revised British poliny Lord Balfour lays down that while the Government is regretfully constanined to request France to arrange for dealing with Auglo French louns to the best of her ability the amount of interest and repayments asked will not depend so much on what the Allies owe Britain as what Eritain has to pay America.

The note alter reiterating the policy favoured by the Government in surrendering their share of German reparation and writing off the whole body of inter Allied indebtedness, sage that .if this is impossible of ao complishment Britain in no event wishes to make profit from a less satisfactory arrangement. She doeh not propose asking more from her debtors than is neces- sary to pay her creditors. It remarks that it should not be forgotten that some of our liabilities were incurred for others, not ourselves and stresses the fact that food, raw material, and munitions were required by Britain for immense noval and military efforts, also that half of the two thousand millions advanced to the Alliee was provided by internal borrowing and war taxation, not by foreign loans, whereas unfortunately a similar polioy was beyond the power of other European nations.

a

MORE PASSENGERS OFFER EVIDENCE,

LONDON, August 2.

of the Indian Army, gave evidence that he jumped into At the "Egypt," enquiry a passenger, Captain Carr

a boat full of Indians which was pushing off. He fired revolver overhead making the Indians make room for sixteen passengers. Captain Carr expressed the opiaion that a serious attempt to restore order would have been Buccessful. He said that as far as he saw the British officers did their best. Lient-Colonel Franklin in an affidavit said that a boat containing a number of ladies capsized owing to Indians jumping into it and the women were drowned.

Robert Bevan in an affidavit declared that he saV three boats filled with Indians lowered. They moved away immediately despite the protests of the passengers and white stewards who called on them to return and take women and chiláren,

Mr. Colter, for the Marino Workers' Union, in his speech denounced the conduct of the Indian crew and declared that the disaster would never have occurred with a proper qualified British crew.

CUT OFF 1

TELEPHONE INVENTOR DEAD.

SYDNEY NOVA Scoria, August 2. The death is announced of A. G. Bell the inventor the telephone.

This resulted in the appeal to the United States who insisted in substance if not in form, tost although our of Allies would spend money the United States was only The late Mr. Bell was born in Edinburgh in March prepared to lend it on our security. It emphasises that 1847. He matriculated at the London University in *this co-operativa effort was of infizite válun to the 1867 and in 1870 went to Canada. He became Professor common cause but it cannot be said that the role assigned therein to Britain was one of special privilege or advantage.

:

FORTHCOMING CONVERSATIONS.

of Vocal Physiology of the Boston University, He patented his invention of the telephono in 1876. Hs was a member of the national Academy of Science and many foreign and American Societies. He was the author of several scientific works.

OIL CONCESSION,

It is gathered from official circles that the impres Bion obtains that progress in the forthcoming conversation between Mr. Lloyd George and M. Poin-

AMSTERDAM, August 3. cars in London on the subject of inter-allied indebted ness, will be considerably assisted by the Balfour potor cassion of 88 15 hectares in Palembang, Sumatra.

The Batavia Oil Co. has been granted a new con- which is regarded as a strong resilirmation of the

LONDON, August 3. British intention to meet America's request for payment

In the Commons replying to Commander Ken-. and in no way conveys a suggestion that America worthy Mr. Harmsworth confirmed the Anglo-Persian should cancel or remit a portion of Britain's indebted Foil Co. has negotiated for exclusive old drilling rights nea. It is not expected that the conversations will ex in Alacedonia with the Greeks. This did not include oil tend beyond three days as there is only one other ques rights in Thrace which were the subject of the Graeco- tion for discussion. This relates to reperations Turkish dispute. The Government had accorded the

Anglo Persian Co, the usual support always given to rẻ- - Theanis and Bobanzer will also attend the conference.utabila British firms negotiating with foreign Gavern-

Lord Ballour's note is regarded an appeal sat

́ ́to opinion and is intended to show that the demand for repayment is not attributable to Brital Le Journal consulare the request perfectly logical and says Britain o inilitence on repayment, means that Frazón will simítarle demand from Berlin, The Echo de Patis emphasise that the time has come to adfirm the priority of French

FRENCH TRAIN COLLISION,

PARIS, August 7, -Bis now stated that thirty were killed in, the villröcints] kway, sopilent. The injured include sir

gage condition...

BUSINESS NOTIOES

SHIRTS For DINNER

the

TWO NEW STYLES

and DANCING

Made of a light weight long sloth both body within plain- Fique soft Front and Cuffs. Very comfort able and cool to wear, smart and nest in appearanec.

$6.50 ench, 3 for $18.00.

As share, but with Plasted fronts and the new soft doublo Cuff

$8.50 each, 3 for $22,50,

MACKINTOSA

& 00., LTD.Ama

Men's Wear Specialists.

Alexandra Building,

Des Vacux Arad.

'COCKROACHES are a constant danger to you- they spread dangerous diseases by contaminating your food. Rid your home of them.

BEETLE VIRUS will do it.

It is elicient and simple to use try a fi

Price

70 cents.

SOLD BY

THE PHARMACY

22 Queen's Road Central, Hongkong.

EXTRAORDINARY SALE

REAL

B

GENUINE

NOW ON

R

28 DAYS ONLY.

Ga

A JULY 27--AUG. 28.

N

RARE OPPORTUNITY

S

BERGAINS

Ι

THE SINCERE CO., LTD.

THE YUEN WO STORE. Harbour Repairers.

Engineering & Building Contractors, General Repairers & Shipchandlers

Office No. 98, Tung Man Street, Phone 2550, Workshop, Canton Road, Kowloon, 'Phone K.731. Prop. T. I. LEUNG.

Manager E. G. LEUNG.

GINS & LIQUEURS

FROM

ERVEN LUCAS BOLS.

CALDBECK, MACGREGOR & CO., LTD.,

15, Queen's Road Central,

Tel. 76.

THE ORBUNG SHING, No. 40, Nathan Road, Kowloca, DEALERS & CONTRACTORS IN ELECTRICAL SUPPLIES, ALSO TEAKWOOD & BLACKWOOD FURNITURES FOR SALE. COME TO US! WE SELL THE BEST FURNITURES Obtainable in Hongkong, INSPECTION INVITED:

TEL No. 291,

NOTICE.

We beg to announce to our Customers" that we offer the following reduction on the bases of our Price-lists of July 1922 for a period of THRBO WEEKS from 1st tó 21st August.

15%

SMOKERS REQUISITES CIGARS, CIGARETTES & TOBACCOS..... 10% B. A. 1.9 GOODS PRICES MODERATE.

UASH ONLY.

TABAQUERIA FILIPINA,

38 Queen's Road Central,