1925-10-08 — Page 1

TALK GOOD BUSINESS

When someone talks bad business

Someone stops buying.

When BONICONE stops buylok

Someone stops selling,

Whea Someone stops -selling

Someone stops making. When someone. stopa making

Someone. stops earning.

Whea sorucont вторн

Everybody stops buying

earning

STANDARD

VALUES

AT

WHITEAWAY'S

THE

"

'TABLOO" CLOCK

A neat little clock in marble shape as and similar to

illustration. Good timepiece.

$3.50 each

The

"CUB"

Fountain

Pen

25 cts.

each

The

Pointed

Ready

Sharp

Pencil

50 cts.

each

HUNDREDS OF

NOVELTIES

NOW ON VIEW.

The

China Mail

No. 19,618.

FOR THE BUSY MAN.!

TO-DAY'S BUDGET: SPEECH CONDENSED,

NEXT YEAR'S MANY CUTS.

The defcit budgetted for inst year was $0.000.000, in accordance with the new policy bdvocated by H.E. the Governor of pressing on with new works of development without regard to whether cash balances were depleted, so long as those balances still rumained at a safe figure. The expenditure dur- ing the months of this your prior to the strike was less than that! budgetted for and it appeared probable that the deficit would not be so large as $9,000,000. The financial outlook has since! been seriously affected 'and' although as a result of the: economies that have been made it is hoped that the expenditure for 1925 will be less than the estimate in all departments, the loss of revenue will be heavy.

His Excellency does not favour the institution of taxes neither of the outside raising of loans al pre- Rent. He thinks the right course is to reduce expenditure rather than to increase income.

present.

?

ESTABLISHED

HONGKONG, THURSDAY, OCTOBER 8, 1925. PRICE, $3.00 Per Month.

STRIKE BUDGET

"DRASTIC ECONOMY" ESTIMATES

THE AXE AT WORK

MILITARY LANDS DEAL

SHELVED

HEAVIER TAXATION AVOIDED.

GOOD ORDER TO BE RESTORED BY CHRISTMAS?

Although His Excellency the Governor, Sir Edward Stubbs, K.C.M.G., thinks it is not being over sanguine to hope for the establishment of good order by the end of this year or early in the next, his farewell Budget introduced into the Legislative Council this afternoon provides many drastic economics in consequence of the strike, because the Government feels that if should refrain from committing itself to costly projects until it is sure of its ground.

Dealing with the financial position. Sir Edward Stubbs said that through the machinations of enemies from outside we had been involved in troubles which were in themselves no concern of ours and the result had been that our Bnancial outlook had been very seriously affected. He could not believe that the intelligent people of Kwanglung could be content much longer to put up with the oppression of a regime imposed from outside and supported by mercenaries from other pro- vinces, and he thought it was not being over sanguine to hope for the establishment of good order by the end of this year or early in the next.

Later His Excellency observed that it was obvious that such a return to sanity would not immediately re-establish trade on as good a basis as before. The harm which our enemies had done to us was not by any means negligible, but it was of course nothing compared with the loss and destruction which they had brought on the unfortunate provinces of South China, and it must be years before the consequences ceased to be felt,

This Year's Credit.

Owing however to the payment important projects which I have of death duties on several very to my great regret felt compelled large estates there has been an to remove from the estimates for increase in stamp duties of over the present. two million dollars which goes far to counterbalance the deficits in other sources of revenue and it is hoped that we shall finally exceed our original conservative estimate for the year by some four hundred thousand dollars.

"Cuts All Round.

not feel able to commit myself to any forecast beyond saying that

JCCOSITY.

due to

P.C

hus been transferred to the Har- bour Master's department, and provision for the rescue tug must be made for a full year, instead of. for the half year only as in the ense of last year's estimates.

In récurrent charges there appear to be large increases in the votes for fuelling, repairs, and stores for launches. The increase is, however, only in appearance and is due to a re-arrangement made in the interests of economy. and efficiency. The Harbour Mas -ter's départment has taken over the supervision of the police, Bost -Office. revenue and Sanitary departments, launches in there respects and the votes of those departments for those items have been deleted.

Under special expenditure pro- vision has had to be made for chain for new moorings. These will be required so soon as ship- ping beging to become normal again, and should be got ready ih advance. A sum has also been inserted for the renewing of buoys. and chains of launch moorings. The motors of police launches Nos. 10 and 11 are past their work and provision is made for new ones. This is the more necessary as the normal programme of re- placement of police cruising and harbour launches will be suspend- ed for next year.

41

Anti-Piracy Savings.

An Observatory Cancellation. ·

the

their housing and use. The latter Cadet Service.

work will not be carried out, and, as regards the instruments the The increases are in any case our balances are suffi- cient to cover any possible deficit stipulated annual increments, and Crown agents have been requested this year and to leave us a margin salaries for two new cadets. Aby telegraph to cancel as much of the order as possible. Some of which should enable us to carry on regards the latter the Secretary them were promised for delivery through the year 1926 without of State has been requested by this autumn and a sum of $3,000 imposing additional burdens on telegraph to cancel the appoint-

has yet been received, it is neces- sary that provision should be

cost.

the

Fire Brigade Stands. Whilst there are no increases in

In addition to a saving on re- provisioning of military lands, H.B. the Governor is in communi- cation with the Secretary of State

No provision has been made for with regard to anti-piracy

the upkeep of the four patrol launches which have been kept in commission out of the Colony's

launches, provided for purposes of money. As such work is almost

His Excellency suid:-Honour-

anti-piracy work. Such work out- entirely carried on outside the able Members-Contrary to my

side the waters of the Colony an- waters of the Colony no provision [anticipation it has fallen to me to

not be regarded as a proper charge for further upkeep is made in the perform the duty of placing before

on the local taxpayer and though we were willing in order to ensure. budget and it is hoped that pastvor the estimates of the revenue

The Need for Economy. sums expended will be refunded. and expenditure of the colony for

that action was taken to provide Meanwhile it is necessary to these launches, in the first in- Appointments. Cancelled. the year 1926. The Secretary of State has been

Existing circumstances have

study the most careful economy stance at our own expense, leaving cabled and requested to cancel all made the task of drawing up these

and to leave unattempted many the question of the final incidence appointments new cudets, but estimates one of exceptional diffi-

things which would be of great of cost to be decided later we can- value to the community and which not in present circumstances as no reply heen received pro-culty and I must therefore crave

in other circumstances. I should afford to continue to pay out vision has beenede to a certain your indulgence if they appear to.

have felt justified in regarding as money for them. I may say that I extent in the Judget.

be unsatisfactory and if my cum- We are ning every possible, In view of the limitation of the ments on, then seen somewhat effort to effect economies and it is The expenditure for next year State that the i mwhich we have have suggested to the Secretary of programme of Public Works it is vague and nebulous."

hoped that the expenditure forlis estimated to amount to anticipated that there will be a

An estimate of revenue is this year will be less than the $23,790,616. Each item has been be repaid to us.

already expended on them should I have not yet considerable saving in personal necessarily at any time a rather estimate in practically every carefully scrutinised, and has been received his reply. emoluments in this department. uncertain thing; it is at best, an department. It is however diff-reduced as far as possible, and the

expression of a belief or an aspira-cult to stop works in the middle total is less than last year's esti Some posts can be abolished. states the Governor, and in other tion. In the present case I cannot and usually impossible to cancel mate by $6.872,995 and less than cases on a post becoming vacant claim that it is anything more contracts. or countermand stores the revised estimate by $6,241,512. Last year a sum of $8,000 was it can be left so at any rate for the than a guess whether a good without heavy loss so that we can- The various increases and de-voted for magnetic instruments Selection of candidates guess or a bad one we cannot hope not hope to close the year without creases in each department and and provision was made in public for vacant posts at Home is not to to tell until long after I have left a heavy defeit. It is too durly yet the reasons for them are fully set works extraordinary for be proceeded with.

the colony. But before discussing to attempt to give even approxi-out in the sessional paper which erection of appropriate huts for As posts become vacant or the some of the figures of the last two

this point further I will deal with mately accurate figures and I do has been laid on the table. Kowloon-Canton railway they also will be left vacant because the years in order to give a clearer prospects of the resumption of view of the situation. through traffic on a satisfactory basis are considered remote.

When the estimates of revenue There is a reduction of $75,000 and expenditure for the year 1924 in the vote for the purchase of raw were revised on the basis of the opium.

actual figures for the first six Chains for new harbour moor- months of that year it was anti-] the taxpayer unless the situation meats if possible but as no reply has been inserted to cover ings will be required so soon as" cipated that we should have ghould become materially worse shipping begins to become normal to meet from our accumulated than it is at present. again and work on these in balances a deficit of $2,217,000 and In framing the estimate of made. advance has had to be provided that our balance of assets on the revenue for 1926 I have consider been thought advisable for the the personnel of the fire brigade

31st December, 1924, would there-ed that I am justified in believing The Crown Agents have been fore be reduced to $13,750,000. that conditions during at least the sake of economy in time and excepting four motor ambulance requested by telegraph to cancel The total revenue for the year greater part of the year will be labour, as well as to facilitate pro-attendants for the new motor orders for new Observatory in 1924 amounted to $24,209,640, normal and I have therefore taken motions and transfers of clerks ambulances which arrived this being $2,839,706 more than the figure ($21,367,748) which is between departments to group the year, it is not considered advisable New Police Appointments.

original estimate and some three about half a million dollars less clerical staff under one head as is to make any reductions The Owing to the large number of nes more than the revised esti than our original conservative already done with the cadet ser-brigade as at present constituted police officers returning Home on mate. There

increases estimate for 1925.

vice. The distribution of clerks has no more than the minimum pension the Polipe vote shows an under all heads, compared with

Appeal to Sense. amongst the various departments number of Europeans and firemen Estimated increase for pusedge the preceding

with

is shown in Appendix 1, from necessary for efficiency, yea't, money of 310.000. Provision is the exception of the railway and gent people of Kwangtung--a race departments can easily be seen..

I cannot believe that the intell-which the staffing of the different made in this vote for a wireless land sales. The total expenditure which has been famous for cen- telephonist to operate wireless on brought to account amounted to turies for its commercial ability tion that the order in which the ever important in times like the At the same time I should men-1 The police force is more than a cruising launch.

$26,726,428 which was $1,801,761 and practical sense-can be con- departments appear in the esti-present and no reductions have Work on the new prison at Ngau more than the original estimate tent much longer to put up with mates has been rearranged in a been made. It is an expensive Shi Wan hus temporarily ceased. and some six lace more than the the oppression of a regime immore logical sequence..

More Sanitary inspectors are to revised estimate. The reasons for posed from outside and supported

force but I consider that the be appointed. Only one motor of this increase were fully put before by. mercenaries from other pro-

colony gets good value for its the many which were to replace you when the supplementary vinces and I think it is not being After careful consideration and force have worked with splendid The members of the; money. dust carts is provided for. ⚫ appropriation Ordinance was sub-over-sanguine to hope for the discussion with the Chamber of zeal and efficiency during the dif

Vernacular education is not con- mitted to Council. A further establishment of rood order by the Commerce it has been decided that cult times through which we have sidered to have been dealt with in deficit arises in the Exchange end of this year or early in the the statistical department of the passed. Provision is made for a a satisfactory manner hitherto fluctuation

account of about next.. ..... METAL ROOFING and it is intended to proceed $840,000 with the result that we

imports and exports office should wireless telephonist to operate the It is, however, obvious that such be abolished as, in present circum-wireless telephone set installed on gradually with its extensión; opened this year with a credit a return to sanity will not imstances, the cost of it is out of all a cruising launch, This I anticipate Three machine guns and six balance of just over 18 million mediately re-establish trade on as proportion to its utility. This will will be of great service in securing Lewis guns for the Volunteer dollars. Force are provided for. The total

good a basis as before. The harm mean a saving of approximately speedy assistance, or rapid pur A Ray of Hope."

which our enemies have done to $44,000 made up as follows suit.in cases of piratical attacks expended on the force is consider-" The year 1925 started well and us is not by any means negligible Calaries $25,000, printing and on outlying stations such as have of efficiency. ed the minimum for maintenance the revenue up to the end of May but it is of course nothing com- stationery $17,000, and miscellan occurred in the past. Two Chinese The Government is committed was $9,261,105, shewing an in-pared with the loss and destruc-cous expenses $2,000. The post of motor mechanics are also required to the expenditure on the road crease over the proportionate part tion which they have brought on supervisor has been dispensed to keep police motor cars and from Causeway Bay to North year of nearly $200,000 and there South China and it must be years forred to the post of office sesist ning order.

(5/12ths) of the estimate for the the unfortunate provinces of with. The holder will be transcycies in proper repair and run- Point and large sume for draining was good ground to hope that the before the consequences cease to ant and accountant, which is A large number of officers will at Wong Nei Chong are required heavy deficit for which we had be felt. It is therefore necessary falling vacant, in the Harbour be processing of leave, retiring, to prevent floods which have re- budgetted would be far less than to proceed with the greatest cau Master's department: There is a or being repatriated (in the case cently caused considerable loss. we had estimated. Unfortunately tion, not to form too high hopen reduction of $75,000 in the vote of the Welhaiwel contingent); Drainage work at Kowloon Tong at this stage we were, by the of the near future and to refrain for the purchase of ray oplum. is also to continued

The big undertaking at Shing outside, involved in troubles which costly projects unt

machinations of enemies from from committing ourselves to Mun Valley by which it is hoped were in themselves no concern of 24

are sure

STEEL

ASPHALT ASEY,TŐS

HEAZY WATERPHOSHING

ENVELOPE

"

ROBERTSON'S

ASBESTOS

PROTECTED

Sole Agents:

RAVIE, BOAG & CO., LTD Bank of Cantom Building,

Samples and partloniara on application

BANERJEE'S

ters & Methods

for.

struments.

to bring water under the harbour

were

ours and the result has been that

ko Victoria and supply An, evartur financial outlook has been ver increasing population is also to be seriously affected

proce

This is a new heading. It has

$44,000 Saving,

Harbour Economies. Provision is made for a

the Harbour Mas enty that:

ion

posty

Police Force,

The vote for passages hay accord- ingly been increased by $10 With the completion of the new

LAZARUS

Qualified

Bight Testing

With Modern Equipment.

DRESSING

GOWNS.

A new stock of smart Dressing Gowns has just arrived from London. The materials are of Silk Jaeger Wool Taffeta, Camel Hair, or Cotton and the designs include some really smart stripes as well as Tartans, Checks and Brocades:

Prices from $16.50.

MACKINTOSH

■ CO., LTD.

Men's Wear Specialists.

Alexandra Building,

Des Voeuct Road.

AUTUMN

BUTTERICK

· FASHION BOOK

NOW ARRIVED

at

LEE YEE

No. 12, D'Agullar Street,

HONGKONG.

LEE KEE

Agent for

HENRY BICHARD

TILE CO'S

We hire a large stock of White Glamd Wall Tiles, Colour Glased WATI TIIMS, & Ceramio

“Geometrical - Badi

Floor Tiles,

"Inspection" Invited.

Blowzoom : HI; Wallingiem B1: