1924-09-08 — Page 3

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MONDAY, SEPTEMBER 8, 1924.

BANK OF EAST ASIA, LTD.

NOTICE IS HEREBY GIVEN

that on Interim Dividend of $3.00 per share has been declared *for the half year ending 30th June,

1924,

The dividend will be payable on and after MONDAY, the 15th September, 1924, at the Offices of the Company, where Shareholders are requested to apply for Warrants. The REGISTER OF SHARES of the Company will be closed from MONDAY, the 8th September to SATURDAY, the 13th September, 1924, (both days inclusive) during which period no transfer of shares -can-be-registered.

By Order of the Board of Directors.

LI TSE FONG Acting Chief Manager." Hongkong, 1st August, 1924.-

GREEN ISLAND CEMENT COMPANY, LIMITED.

NOTICE

HIGH GLAM BOOTS AND KHOBI

Made to order ROYAL & CO. No. 1, D'Agullar Sireni

WANT

INFLATION FALLACY.

WISE BRITISH BANKERS.

[Harold Çox in "Daily Mail")

مین

THE CHINA MAIL.

London, July 22 The Council of the Associated Chambers of Commerce as done a very useful piece of work in protesting against the attack made upon the Bank of England by the advocates of cor- rency Inflaiton. Coming from such abody the protest is peculiarly valuable.

According to Mr. Stanley Machin, X ita president, the Association of Chambers of Commerce represents nearly 50,000 manufacturers and ADVERTISEMENTS Traders throughout the kingdom.

It is therefore entitled to speak with authority. The secretary of the_association, in a fonnal

25 WORDS 8 INSERTIONS,

$1. PREPAID..

Every additional word 4 Conta

for 3 insertions.

WANTED.

letter addressed a few days ago to the Governor of the Bank of England, assures the Bank "that the general body of traders throughout the country have the fallest confidence in the judgment of the Bank Court," and that

the

WANTED.Competent British or collon quesovet ede you and your colleagues on the Court of the Lady Stenographer Apply Bank of England are fully com Box No. 309, c/o "China Mail.'

petent to settle the policy with regard to the Bank rate which will

TO LET

serve the whole nation."

"This is a direct challenge to the attitude adopted by a smaller body. the Federation of British Industries, which has allowed itself to be used and traders who think they can make money out of inflation.

AN INTERIM DIVIDEND of Fly TO LET-Two Godowns, or cents. (59 cents) per share on shops, in DUDDELL STREET the Old Shares (Fully Paid) and Three For Particulars apply to:-H. Rutas a tool by those manufacturers cents (3 cents) per share on the Newtonjee & Son, 16, Queen's Road. Shares $1.00 Paid) has been declared for the half year ending 30th June, 1924.

Such Interim Dividend will be pay- able to and alter TUESDAY, the 23rd September at the Offices of the Company, where shareholders' are requested to apply for Warrants.

The BEGISTER OF SHARES of the Company will be closed from the 13th September, 1924 until the 23rd; September, 1924 (both days inclu sive), during which perica no trant fer of shares can be registered.

By Order of the Board of Directors SHEWAN, TOMES & CO.,

General Managein.

Hongkong, 3rd September, 1924.

LIMITED.

FOR

FRENCH TUITION

Write to

G. MOUSSION c/o "China Mail" office.

INTIMATIONS.

HONGKONG REALTY AND TRUST CO., LIMITED, *

The controversy has arisen be- cause the directors of the Bank of England have been considering the advisability of raising the Bank rate in order to check excessive borrowing. The mere suggestion of such a step on the Bank roused inflationists to fury, and a section of the Press raised the cry that the bankers were trying to stifle trade. The essential facts of the problem can be very briefly set forth.

|

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Abdul Karim Proprietor, 000000000000000000000000000000000000000

SONGS OF THE WAR.

BY RICHARO CAPELL.

Tipperaryway the first," it might have been a better tune- but there have been many worse. And it was sung by the First Division-it was sung on the great

retreat

Marching means singing. The rhythm of the feet sets the unoc-

cupied mind making up accom- panying verses and tunes. There were hundreds of thousands of us marching in the autumn of 1914 and singing something or other as

-wa-marched

The whole war produced no new

MAIL WEEK NEWS.

ITEMS FROM FAR AND

has received £500 from Ras Taffari,

King Edward's Hospital Fund | Prince Regent of Abyssinia, who ghest of the Government. was recently in England as the

*

In a pigeon loft at Springfield House, Wickersiey, near Rother ham, Yorkshire, a cat and four kit tens about two months old, are living happily with 16 pigeons..

the

marching songs of the excellence bishopric of Birmingham, Dr.

On his retirementr. af of some of the old

Lillibulero" and "The Girl with a motor car, a £300 cheque, a ones, Russell Wakefield was presented Left Behind Me," for instance, or portrait of himself, and an ill the fine tunes of the Americanuminated address. Civil War-which we borrowed.

But the tunes 1914-1918 have a niche in the memories of some of us-associated with all sorts of queer novelties of the sergeants-major, aching shoulders, time, French highways, and an uncer- tain future (or an uncertain present, one might say).

SHOCKING THE FRENCH. It must be candidly admitted that pure patriolism and the higher aspirations generally were expressed in B.E.F. songs. They not had a flippant, tone as a rule Serious French people I met the French are such grimly serious people) never could appreciate the typical nonchalance of the B.E.F. Anyhow the Army never dreamt of wearing hearts on sleeves when singing on the march, and the tune one recalls as characteristic of 1915-and saturated with memories

of Festubert and Loos-was cheerily roared to verses begin- aing:

Wages Bill, which leaves it to the The Government's Agricultural county committees to fix minimum given a third reading in the House wages for their districts, has been of Commons.

The Committee for Privileges of the House of Lords announced that Col. Ulric Oliver Thynne, of Muntham Court, Worthing, had declared a co-heir to the barony of falled to establish his claim to be

Beauchamp de Somerset.

# 惕部

Herbert Maurice Powell, 38, hair. dresser, of Fentiman-road Clap han, S.W., described by the police as a brother of Lady (Diana) Hamil ton, was sentenced at London Ses tions to six months hard labour for obtaining goods by posing as a detective-sergeant.

*

Mr. John Cowley, 82, of West Hartlepool, who 70 years ago 'I don't want to be a soldier," "fired" Stephenson's "Locomotive "I don't want to go to war." ference for the lowliest, and, brought to London and Wembley No. 1," which drew the first pass

indeed, the least reputable, sort of as the guest of the London and It went on to express a pre-enger train in the world has been

ife in England rather than for one North-Eastern Railway Company. crowded with incident and dis inction in France.."

The Bank rate-that is, the rale of Interest charged by the Bank of England for money lent-acts as a guide to all other banks in fixing NOTICE IS HEREBY GIVEN the get of interest which they

that the First Ordinery Yearly charge to their customers. Conse Meeting of Shareholders of HONG.quently, if the Bank rate rises, the

· DOUGLAS STEAMSHIP COMPANY, KONG REALTY AND TRUST general rate charged for advances COMPANY, LIMITED, will be held by bankers throughout the country at the Hongkong Hotel, Fedder will also rise. It will thus become Street. Hongkong, on WEDNESDAY, more difficult for merchants and TICKETS will be issued for the 10th day of September. 1924, at manufacturers to borrow money.

Round Trips during the 12 o'clock noon, for the purpose of BANKERS LOOKING AHEAD, months of July to September, from receiving a Statement of Accounta Hongkong to Foochow (Pagoda and the Report of the Board of follow that the policy of raising But it does not in the least Anchorage) and return, calling at Directors for the Fifteen months the Bank rate at the present mo- Swatow and An.oy on both the ended the 30th June 1924; confirming ment is a wrong policy. Sull less upward and downward Voyage, the appointment of Directors, and does it follow as is suggested by by the Company's new, fast, well

re-electing appointed steamer "Hat. Ning" at

the cry in the inflationist Press, Auditors." the reduced rate of $80 for the

that the bankers in advocating a The Transfer round Voyage, including Meals

Books of the higher Bank rate are considering will Company while the steamer is in port.

le closed from their own Interests to the detriment September 1924 until WEDNESDAY, very reverse is the truth. There is WEDNESDAY, the 3rd day of of the trade of the country. The the 10th day of September 1924, nothing more profitable to bankers 1914 su rmer, The tunes of "Who than inflation. For their profits were you with last night?" "She both days inclusive.

are derived from the lending of money, and the greater the inflation sat down with Charlie in the of the currency the greater the cornfield," and "Who will kiss demand for loans from merchants her cherry lips when I am far and manufacturers who want 10 shira in the rainlest of winters away?" will bring back Hertford- hold their goods for rise in prices. The people in Austria and 1914-15) to such few of the 47th London Division as remained to Germany who have made most money out of the policy of inflation come home in 1919. are the bankers.

These Special Tickets will be available for return only by this steamer, either by the Voyage for which it is issued or by her following sailing from Foochow

Duration of stay at Foochow 48 hours.

The Trip occupies 8 to 9 days and the steamer will leave Hongkong from the Company's Wharf at 5 pim. arriving at daylight on her return (Weather permitting).

The Company's Steam Launch will convey passengers from Pagoda Anchorage to Foochow City, if required.

Directors and the

יי

By Order of the Board,

PERCY H. SUCKLING,

Acting Secretary.

Hongkong. August 24, 1924,

The Burden Of

Indigestion,

Here are the facts about a real

Why, then, are the bankers of remedy for indigestion and the City of London inclined to weakness of the vital organs favour a rise in the Bank fate, that burden which makes life a which must tend to check borrow. misery for so many. The remedying and therefore to diminish their

actual practice had ceased with the "Tipperary" was anglent history by then. We were fickle, and its

The B.EF. did not take to the. songs which right-minded people wanted it to like, and it ridiculed some of the machine-made war Songe

Now and then an old For further particulars and

musical-hall song of a better period dates of Sailing-

is Bisurated Magnesia, a harmless business? The answer is that stead somehow came into favour

was revived. Appy Amp Apply to

yet effective compound which they are looking ahead. They in 1916. It brings to mind day DOUGLAS LAPRAIK & CO.

since its inception, has received cannot let things rip as the bankers after day of a grilling trek to the the written endorsement of thou- in Germany and Austria did, bo Somme, July 16, Coming away General Managers. DOUGLAS STEAMSHIP CO. LD sands of grateful people in all cause they have not behind them a no one sang Hongkong, June 17, 1924. parts of the world na well as the Government willing to produce

The tune of "The Bella of Hell unlimited quantities of paper recommendation of doctors nurses money. When English bankers go ting-a-ling was another old and hospitals. Bisurated Magnesia give credits they have to take the music-hall ditty (I think, of the slops stomach pain instantly by risk of finding the money with 1805) fitted to words which were removing its cause, it is quite which to meet those credits, and supposed to come from the Cana EMBERS who intend keeping inexpensive, and either tablet or if credits are given too lavishly a Ypres in 1917. MEMBERS W training for the

obtained from forthcoming Annual Race Meeting are requested to intimate to the Any chernist. It is the one sure, Manager of the Stables the number #ane and safe remedy for those of stails they require at as early a

HONGKONG JOCKEY CLUB,

date as possible.

Hongkong, 3rd September, 1024.

MRS. MOTONO

ELECTRIC MASSAGE - 818, Wyndham St., 2nd Floor.

who suffer from indigeation, and stomach weakness, but when buy ing care should be taken to see that it is "Bisurated Magnesia, for nothing else will do. The oval "BISMAG" trade-mark appears on every genuine package. ""

The Sign of the Genuine

BISMAG

desserts crisis may arise. dians. It flourished round about

That is the essential difference between bankers' credits and Gov. crament paper money; in the one case there is a prudential check on inflation; in the other case there is o check at all. If a banker lends too freely he may find himself excessive expenditure it can escape bankrupt; if a Government Incurs

responsibility by printing more paper, In the latter case the See it in politician goes unpunished the public bears the burden in the shape of higher prices for the necessitles of life.

Every Package

FOOK SUN FOR SALE TUNG SANG good reasons why banko child

Pazama Hats, Felt Hats, Straw Hats and st! Klads

of Hats.

-HATH CLEANED Á ŠPECIALITY,

· No. `ad, Wellington Street,

"HRE ZITNO" & 00.

PANTALORI. 80n, Pottinger' Birect. - Ladice sal Gontierano's Talora. Drapers and Outätters, "de --- Baitu mada-ko order.

TANG

TAILOR

11A Pool Street

EXPERT FITTERS

HIGH CLASS TAIL

But that time Divisional con Cert parties were an institution. They kept homesick Londoners in close touch with Leicester square, and we knew all about

"The Bing Boys" and "Chu Chlo

Chow."

The music of the B.E.F., will not criticism. Yet it is through force stand, the scrutiny of musical

circumstances, exceedingly poignant, and an attempt at a London concert the other day to sing some of the old songs in the happy-go-lucky old spirit proved rather a sad business. "For there with the rest were the lads that would never grow old."

THE GOLD STANDARD. At the moment there are very

call a half to lavish borrowing Since the beginning of the year rates of Interest, have first borrow London has been besieged from alled the money from their bankers. parts of the world with demands In addition it appears that for loans. It is stated that already considerable number of business from aro borrowing nearly £100,000,000 has been lent | firma abroad this year."

their bankers In örder

"goods "foran Many of the subscribers to these hold up foreign loans, which yield high anticipated rise in prices. Natur ally-these firms do not want the Bank rate to be raised; but the public will gain by the caution of the bankers. One of the greatest metal obstacles to the expansion of our dan krade is the present high scale, off For "black and blue" bruisce, sprains prices, and so far as a cumailmont of wrists and anklov, strains of cords of credit prevents tho, holding up and muscles, stabbed too, oots burns of goods it will benefit the whole and father walihaps of childhood, Ghamnation

Children Like Chamberlain's

berlain's Pain Balm always gives rellets The end to aim at is the restora

*** Deen just as much for older people: 560- tion of the gold standard, and the

Eason their rheumatio pains, badkiches | ravesiablishment of. Bank of Engsi (and neuralgia, zalost rub it on the serf land, notes backed by

[pota.) It is paristating and gully place of Area Endpa.Bold) and reapermended gray. nothing bebing

petrene that Ichanging humours

Jacob Frantzen, a Communist,

arms, forged stamps, forged British convicted by the British Summary Court at Cologne of possessing and French identity cards, and dies for the manufacture of British £1 notes, has been sentenced to. five years' imprisonment.

00000

Amstel Seris

India

#i

The Amstel-The Hooghli. Said the Rajah, looking at the label on the bottle: "The ships which sailed from "The Amstel, the river of Amsterdam, reached, centuries ago, the Hooghli and likely carried beer.":

',

The enterprise which characterised Holland in the early days of navigation is. repeated in the organisation of the "Amstel" Brewery. "Amstel" Beerj is brewed with the utmost care, stays sparkling and clear, full of flavour....

... Say “AMSTEL" beer, a little trouble giving a great reward. "Amstel-the beer that is brewed for abroad.

Don't merely order 'n beer."

Agente för China *-*

DONNELLY & WHYTE, Hongkong.

AMST

BEER

AMSTEL BREWERY, AMSTERDAM

EASTERN STORE

GENERAL

STORE-KEEPERS EAST VIEW BUILDING No. 6, Nathan Road - KOWLOON. TELEPHONE K, 25,

PUN

PASS BOOKS ISSUED,

YICK GEO.

LAND & ESTATE AGENTS Telephone Central No. 811-1887. 35, Queen's Road Central;

--

PHOTO SUPPLIES,

LONG HING & CO., KANKORAZ TIME, AR., M.

DEVELOPING & PRINTING A SPECIALITY.

No. 17a, Quiar's Boan Ozaznat, Horozona.

THE TELEPHONE HANDBOOK

The Bixth issue of the TELEPHONE HANDBOOK has been published in JULY, 1924.

The TELEPHONE HANDBOOK consists of an up-to-date and accurate index of Telephone Subscribers, the numbers being given in sequence.

SPECIMEN FAOK. Central 22 The Newspaper Enterprise Ltd., 5. Wyndham Street Central China Mail" (Newspaper), 5. Wyndham Street Central 23 The Dollar Directory Co, 6, Wyndham Street Central 29 Telephone Handbook, & Wyndham Street Central 22 "Hongkong Sunday Harald, 5, Wyndham Street Peak 22 MacCourtuey, F. D., Residenos, 358, The Park Kowloop-32 Green Island Cement Co., Ltil, Cement, Works, Hok-un Centrol 25 - Jordan, Forsyth, Grove, Aubrey, Urquhart, Lyon

Brown & Meegown, Dit, Alexandra Buildings Central 23 Brown, Dr. Lyon, Offen, Alexandrs Buildings Contral 23 Forsyth. Dr. O., Offoe, "Alexandra Buildings Central 23 Macgowen, Dr. J. C, Ofes, Alexandra Buildings Poak- 23 Brown, Mr. N. §; Bovidence, 185, The Peak · Feak-23 Butterfeld and Spire. Mr. N. B. Brown, Resklence, 184,

The Peakness 1531924 Kowloon-29 Ye Fong Chan 186, Temple Street, Faumati Central-- 24 Tak Shun Bank, 166, Queen's Road, Central

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Road

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