Moutries
advertise the
Victrola
after a busy Day.
No, 18,626.
The China Mail.
August 4, 1922, Temperature 82.
TABLISHED
Barometer 29.61
五拜雞 號四月八年二十二百九千一英
BUSINESS NOTICES
Rainfall 4 inch.
1848
Humidity 83.
August 4, 1921, Temperature 51.
HONGKONG, FRIDAY, AUGUST 4 1922,
TO-DAY'S CABLES.
(Reuter'a Service to the China Mail.)
REPARATIONS,
A
THE DOLLAR DIRECTORY CO.
Wyndham St.
PUBLISHERB
OF:
HONGKONG DOLLAR DIRECTORY TELEPHONE HANDBOOK
TEL. No. 22.
[I+AXXIX24 20+ PRICE $3.00 Per Month.
THE DOLLAR.
To-day's closing rat-2/7 1/10)
To-day's opening into 2/7-1/16,
FRENCH OIL FIND.
SPECIAL OFFER OF
WATERPROOFS
After a busy day-
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S. MOUTRIE & CO., LTD. Exclusive Distributore.
HAWTHORNE & PEARSON
LADIES & GENTLEMEN'S TAILORS.
Beg to notify the public that they have
removed to Queen's Buildings,
2, Ice House Street (Ground Floor)
THE
Opposite Café Wiseman.
YUEN
WO Harbour Repairers.
Engineering & Building Contr..for Me Vivia
Xlu
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& Shipchandlers Odice No. 93, Teng Man strict, none2560, Workshop, Canton Road, Kowloon, Phone K. 721,
Manager K. C. LEUNG,
Prop. T. 1. LEUNU.
ECONODI Y
IN
COAL.
Fucipies Jamie Ball shemale fut zeynatay in Fond sabte, all lump Coals trave a Inrge percentage of dust whirl are 1RACTICALLY WASTE. The clan to FICHES Loup bars into lumps as your they are cinta milers Frchsen upp coal humus grusalty and is therefore ilerides ECONOMY.
EING
IP Ka CO
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Hule Agents for Packen Coal,
Cable dress 'Kindrance We stock In our godowns 19 gendes of other Puchun Coal
We are manufacturers of
Felt Hats, Straw Hats,
Linen Hats, Topees, etc,
Manufactured in
HONGKONG by the
NAM YUBT HAT TAUTORY, 230, Rasukiwatt Ronda
MEE WAH KNITTING & DYeing co.
General Knitter & Dyer.
Manufacturers of Woollen Binglets. Jerseys, Bweaters & all kinds of Underwear.
Manager :-YEUNG POKWAN.
No. 6-18, Causeway Bay.
Telephone 1801.
DONNELLY & WHYTE.
Tel 636,
WINE MERCHANTS.
Tol 636.
THE INTERNATIONAL SHIRT CO.
Head Office: 79 Wyndham Street. · 2nd Floor. (Opposite Central Police Station.) Tel, 4166,
Dealers in all kinds of High-class Silk Shirts, Collar Necktios and Pyjamas for Gentleman AND ALSO
Chemises, Skirts, Wrappers, Scarfs, Voils, and Night-gowns for Ladies ALSO MADE TO ORDER MODERATE PRICE PROMPT DELIVERY· Manager: EMILIO LAU,
BRITISH POSITION EXPLAINED.
PARIS, Aug. 3.
A subterranean oil reservoir le reported to have been discovered in the Forest of Abatilles near Bor. deaux. Experts estimate that it will produce 665,000 cubic feet per day.
Á RUBBER AGREEMENT.
Losnos, August 3. In the House of Commoss, detailing the present position regarding reparations Sir Robert Horas said he understood that Germany had, for the most part, met the requirements of the reparation commission but an srrangement to prevent the flight of capital WAA easier said than done. Germany hitherto had paid 415 million aterling including cash, chips, the Saar mines etc. Britain obtained filty aluded an agreement with the General Rubber Company, The Anglo Dutch plantations in Java have con- six millions thereal, practically the whole of which was New York, whereby the latter agree to take the entire spent on the armies of occupation, Britain up to date
LONDON, August 3.
BRITAIN'S AIR DEFENCES.
ANOTHER 600 MACHINES.
had collected six millions under the import duties output of standard rubber of the former from October imposed under the Reparations Recovery Act.
I, to the end of 1924, after providing for existing con- BRITAIN AND AMERICA.
recta. The rubber is deliverable ex-godown on the Germany's taxation receipts lush year only state. The price will be the average of the daily covered sixty three per cent of domestic expenditure buttations Londen spot, standard quality and will be now leaves a balance towards Treaty expenditure. Halculated monthly with a minimum of eight pence per expressed the opinion that Germany will be able and pound. willing to pay considerable sums towards reparations if given a respite to put herself in a position to do so. The Minister dispelled the impression that fr. Balfour's letter was in the nature of a suggestion that Americs should cancel Britain's debt and declared that on the contrary the payment of debts to America was the foundation of the latter. He pointed out that of two milliard sterling of the national debt £7,700,000,000 WBB not spent on our own behalf but lent to the allies. Illustrating Britain's Financial burden he showed that America's national debt represented £47 sterling per head of population, France's 2162 and Britain's £181.
THE PREMIER'S STATEMENT.
In the course of the debate fellowing Sir Robert Horne's statement Mr. Asquith urged the immediate scaling down of reparations to what was really practi- cable. Britain should forego ber share ard also forego her other indebtedness-not as an act of magnanimity but A good business.
Mr. Lloyd George interposed in the debate and said he hoped the House would int bio rueet 1. Polocare
LONDON, August 3, that the Government had decided to adopt the In the House of Commons Mr. Lloyd George stated ir Ministry scheme providing five handred machines for home defence at an increased cost of £2,000,000 orally of which £900 000 would be from Air Ministry economies. Considerable orders for the execution of the Programme would be placed privately during the current sidered in the light of the financial situation in 1923 ́* year. The question of further expansion would be con- and the air policy of the other powers."
LO. N. AND MANDATED TEBRITORIES.
GENEVA, August 3.
The mandates commission of the E-ague of Nations with a free hand to do his best to come to an arrang his discussed the question of the existing laws of the. ment. In the meantime he did not conceal the danger inhabitants of " B." and "C" mandated territories. It of driving Germany to despair, He declared that of hoped that the mandatories will annually supply the volutionary Germany in the centre of Europe wood befætretarfie wit
a real world peril. She would be different from re- spirits. volutionary Russia, nevertheless it would be a mistake
to run away from a fair and just claim,
"SUING FOR COSTS"
Germany was in the position of somebody who
GERMAN POLITICS.
BERLIN, August 3.
GREEKS AND CONSTANTINOPLE.
ADVANCE APPARENTLY AVERTED,
put other individuals into the court of a chosen tribunal
The Bavarian reply to Herr Ebert's letter of July wherein to fight them and lest the verdict. She was 27 is conciliatory. Herr Ebert in inviting Lerchenfeld now being sued for costs, not for viLdictive reasons but to come to Berlin to arrange a settlement. because the winning and unwilling parties wish to get the cash back. The Premier emphasised the folly of underestimating Germany's capacity owing to the present trade depression and depicted the possibility of a trade recovery finding Germany without an internal debt but with an external debt fixed when things were pretty bad. Ho described the interallied conference on August 7 as a meeting of creditors to which all were.
CONSTANTINOPLE, August 3, going on e;ual terms. Britain was determined to give appears to have been averted in consequence of the The threatened Greek advance on Constantinople reasonable and sympathetic consideration to devastated Allied measures taken. The Allied posts overlooking France and Belgium. Britain was the last country in the Chatalja lines have been reinforced and British, the world to be accused of want of sympathy with France and Belgium. We intend" Mr. Lloyd George declared, to see that everybody gets fairplay, to give fairnesa to Germany and justice to France, but justice also to the people of our own land."
AMERICAN LABOUR UNREST.
PRESIDENT TO WAIT AND SEE.
WASHINGTON, Aug. 3.
It is
French and Italian infantry and cavalry bave taken up positions on the frontier which is every quiet. estimated that twenty thousand Greeks troops have concentrated outside Constantinople.
HUGE RAILWAY COMBINE.
LONDON, August 3.
A big step towards railway reorganisation is an-
It is generally expected that President Harding will nounced in the form of an amalgamation of the Great await a further development of both the coal and rail- Central, Great Eastern, Great Northern, Great North way strikes before making another move. It is thought. Scotland, North British and twenty-six small companies that the President wishes to give the railway cxecutives with a total capital of £248,000,000. reasonable time to demonstrate whether they can meet tha situation without the necessity for some drastic step by the Government like assuming control of transporta tion. At the same time it is stated that the administra tion is carefully watching the situation and will take advantage of any loophole presenting itself with a view
to settlement,
WAR DEBTS.
US. NEWSPAPER COMMENTS. "NOTE-JAUS AMERICAN EARS."
NEW YORK, August 3. Commenting on the Balfour Note the Tribune says: "The general cancellation of debts will mean that Uncle Sam will bear the burden of letting Germany off."
"EGYPT" INQUIRY FINISHED.
LONDON, August 3.
addressed the court at the conclusion of which the presi The Egypt" inquiry closed to-day whon counsel
dent announced that the Court would consider the caso and hoped to issue a report as soon as possible.
EINSTEIN BUSY.
GENEVA, August 3. Einstein, eromsing his absence from the Losgue commission for intellectual co operation explained the necessity of finishing very urgent work prior to going to Japan
The New York World says: "Lloyd George announced the failure of the conference with Poincare before it started and tried to throw the blame upon the
*MAJOR BLASH DELATED. * United States which may be a capitel blunder. If the note represents the unalterable position of Britain there
LONDON, August. 3. is no hope of a settlement of the European situation.
Major Blake, the aviator, has been detained at American opinion is not ready for a general cancellation Ambala through engine troubls. but is gradually becoming ready for the cancellation of really anollectable debts but will act only when it is demonstrated that Britain France and Germany.dave definitely started to return to economis sanity.
The New York Times onyo: The note jora American cars intimating that the United States in hard-hearted oraditor standing in the way of a general generous forgiving of debts which the British government would be only too. happy to undertake Thonbright cancellation of the war debt by United States was"KU", present politically impossible. American sentiment in favour of cancellation may yat he developed and then it will be found that the United States is not so mer cenary and uncompromising as the note implies.
NO CHANGE OF POLICY.
WASHINGTON, August 3.
The Treasury officially announces that the Balfour
|
STATUS OF TANGIER.
The Premier's secretary has announced that the
Madun, Anguit 9. status of Tangier will be discussed at a conference in London dating the recond fortnight in Septeraber.
ITALIAN STRIKE ENDS. *
Rous, August 8.
The strike has ended.
BRITISH FINANCIER DEID; ***
LONDON, August 3.
́• The death has occurred of Sir Richard Vastor-
Note will not change American policy towards foroga Smith. Chairman of Lloyd's Bank and several other
abti,
compa
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