1926-03-29 — Page 4

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MONDAY MARCH 29 192

DOCK MEETING

(Continued from Pagd'o

Wisdom Questioned............... hink shareholders have every tha policy of rement, that has any to Buche

to be the height of unwisdom, and economically unsound. It is earnestly to be hoped, therefore, that the Board will cal a halt to all further borrowinga

at well!! be copied

reclaim- ing bathing benches are over-at Heast we hope so. The matshed!

"Referance has already bean mado pass by its unwise and unproduc- to the world wide tsagnation in the vive expital outlay on such n habit will continue and is to be Shipbuilding Industry, and we have stupendous scale. To ankh encouraged. The Government lean most fortunate in being able sums of money into something might well encourage the people to maintain the payment of a that may, at some time in the In- | dividend until this phat year. definita future, prove profitable, is to erect sheds at all the beaches, with the conditions that have had open to question. But, to do so bays and inlets which it controls to be faced since the middle of last on borrowed money aeems to me

on the island and the mainland. year, it is no cause for surprise In this way the congestion at that the year has come out with a

Jose. such places at Repulse Bay would

Your Directors, gentlemen, are be reduced and unsightliness give equally with you shareholders in place to order,

the Company and are fast as I would also urge upon the anxious, to see the Company in serious attention of the Board of flourishing condition and in a post- Directors, who, after all are the tion to pay good dividends. 12 custodians of the shareholders": fuct a glance at the list of share property to carefully review the bolders will show that the Direc manner in which the business of tors to-day hold or directly repre- the Company has been conducted, sent over one-tenth of the issued specially during the period men- Capital of the Company. They de tioned by me, and to consider whe plore with you the loss made last ther the time has not come for a year and have been happy to wel radical change in the working and come the Committee of share policy of the Company... holders who will in due course, put forward their recommendations.

THEY SAY THAT Every boy should learn a hobby to save him in his middle life-Sir Bruce Bruce-Portor

What matters, is that each should do, not what on the whole, might be, the best thing for most men to do in a sinflar case, but the best thing that he, being Just as he is, can do on an enthusiastic impulse of his own and as a genuine ex- pression of himself Mr. C. E. Montague.

It

Trade to-day is a science.. cannot be done in an old-fashioned WaySi Woodman Burbidge.

If you intend to go to work, there is no place better than where you are, if you do not intend to go to work, you cannot get goal any where Abraham Lincoln.

"Intelligence is being absolutely index to the trade of the Colony sterilised under the examination boll for the use of the local mer-system-Prof. H. E. Armstrong. chant and the Home. - manufac- can the How otherwise turer. trend of trade be ascertained? How else can the facts be revealed of British competition with other Countries in the matter of trade? In these directions figures can speak—and speak more eloquently than all the anathema about our rivals snatching this and that. B. Walkley.. trade from us. It is so easy to decry our competitors. Words are cheap. Figures-even of the kind hitherto supplied by the Statisti- cal Department in this Colony---|

The Pross reffects life, but at the moment the cinema picture only reflects the "movies."-Gilbert

lankana

It may be unfortunate that the majority of the film-publie like. their romance silly, but it is a fact.

..

The unpopularity of the death penalty argues no want of sympathy with the murdered. Eva Gore

Booth

Chairman Replies.

The Chairman: With referenco Intereste Cured For

to Mr. Kelly Sayce's commenty: I. What I think overy shareholder notice that he was one of the wishce to know is that his interests shareholders who requested the are being properly cared for To appointment of a committee of in- ascertain that this is so is no doubt vestigation. I think it is rather the purpose for which the questions difficult for a shareholder to criti were framed. I suggest, therecise the interior working and fore, that the matters about which management of the company information is desired should be without having investigated it in placed before the Shareholders person No doubt when the Com Committee who will be able to gomittee of Investigation have en- into the various points thoroughly quired into it with all the books and with more entisfaction than and information at their disposal would be afforded by a series of they will be in a position to say brief questions and answers in this whether the Directors have mis room. Still, if it is desired to put managed the Company's business these questions now, shall be or not ns 1s suggested. Mean pleased to answer them to the best his until the report is received of my ability

the matter can be left as it I may add that the Chief Man-stands. (Applause); ager will be glad to see any share holder who will come to him with

Business.

The re-election to the board of proposals for the better working of directors of Sir Paul Chater and the Company, and will be very Mr. T G. Weall was proposed by pleased to show any of you over the Mr. Ho Leung, seconded by Mr. property you own. It is doubtful Kelly Sayce and carried. if many of you have any idea of The

Messrs. Lowe, Bingham and Mathews and Percy Smith, Seth

can shatter illusions or prove a which I should be sorry to do.my-siderable amount of time and and Fleming were elected auditors

of appointment

Mr. the arge organisation that is ro. G. M. Bernard to the Board was quired for modern shipbuilding confirmed on the proposition of and for competition with similar ir Croucher, seconded by Mr. rindertakings in other countries.

JA. Alves" For now tonnage we have to com I have seen ladies in shops pete with Home Yards, who, as you addressing shop girls in a manner know, have been devoting a con case up to the hilt, even though self The Prime Minister. energy to cheapening the cost of they may only be approximate.

building and we have to keep right Many people say a thing the first abreast of the times in order not Figures are cheap at any price ince because they have heard some to be left behind and out in the reason it ecsta to compile them.

one else say it, and stick to it Be-cold. cause they have said it themselves.

-Dean. Inge.

Mr. Kelly Sayce's Criticism..

at a remuneration of $1,500 each the proposition of Mr. Sewell, conded by the Hon. Mr. A. 0. Leng.

Without an inside knowledge it is impossible to say offhand whe

Mr. Kelly Sayce then, addressed yoVEMENTS OF STEAMERS. Hongkong, Monday, March 29, 1926.

ther; when it did exist, the Statis As surely as contending nations, the meeting as followsIt is not tical Department here was run on victor and vanquished, lose by war, my intention to ask any parti WANTED A STATIST!

The P&O "Tilawa" left so surely de employers and emcular questions, but with your efficient and economical lines. A ployees lose by, industrial strife, permission I propose to submit to Singapore for this port on March more vote in the Legislative W. A. Appleton,

this meating a few observations. 24 at am and is duo here to- By a majority of three to one Council conveys nothing. Leta

on the report and statement of morrow it about 6 am. the General Chamber of Com Director of the Statistics Bureauwings a hammer all day long, just I have no doubt that the result of Singapore for this port yesterday We must show the man who account as presented to us to-day. The P & O. s.s. "Macedonia" left merce at its annual meeting voted

be appointed-one who is an ex how and why he is serving God last year's working is as dia at 9 am with the outward English in favour of a resolution that pert such as the various States with every stroke.-P. T. R. Kirk appointing to you; Gentlemen of Malla, and le due here on April 1 "accurate statistics of trade belin the Commonwealth of Austra maintained and that the Govern- lia have-and it will very soon be ment be requested to re-establish discovered whether weaknesses A FOND FAREWELL.other concerns engaging in any Russia, Capt. A. J. Hosken, RN.R

FINAL PERFORMANCE BY

"THE QUAINTS.”|||

the Board, as it is to the general at about 6 am.

body of shareholders, but like all The CPS., R.M.S. "Empress of

kind of trade we must be prepared Commander, will leave here for for periods of depression, and take Victoria and Vancouver, B.C., via the good with the bad. There is, Shanghai, Nagasaki, Kobe and however, a feeling among a large Yokohama at 1 am on April 2 number of shareholders that the PATRONAGE APPRECIATED. Be shown us to-day need not have been as large as it is.. The

the Statistical Department as existed in the past and how these soon as possible." That over [can be remedied in the future. whelming decision should pave the This suggests itself as the best way for the meeting of the Gen-way out of the present difficulty Jural Chamber with the Chinese In any case. it is,,worth consider..

Chamber, and on the result of that fag at the joint meeting of the two it was a wonderful tribute to opinion also prevaile, that a good Jenn entered a butcher's shop joint meeting will probably de-Chambers and being incorporated the performances by The deal of capital expenditure has in a little town in Scotland, and, rend the final decision of the in any recommendations made to Quaints" during their season in been unwisely spent and should demanded to see a sheep's head.

Is it English?" she asked when Government. Statistics may, as the Government for the guidance of yesterday did not stand in the

Hongkong that the incessant rain have been avoided.

At the meeting last year the one was shown her. Mr. Sewell remarked' last. Thureof the Legislative: Council.

way of a packed house in the Chairman in the course of his "No, last, it's Scotch, replied day, be a disense with some

Star Theatre for the farewell pro-speech said that the past year the butcher. people. If that be so it is only a pity that more are not infected!

Mr. G. M. Young propounded a

the

MATSHEDS..

duction of "No, No Nanette." makes the third in succession in "Then it'll no do," said Jean. Six times previously had this which Companies like ours have Mistress is English, and she said musical comedy been given in the had to labour under trying circum-I was to be sure and bring English space of eight days, inclusive, and stances, in fact the year 1924 was meat

very reasonable argument when Soon the leaden and lowering still there was as much demon- even much more difficult than the "Here, Jock!" said the butcher, he said that he likened a trading skies will give place to sunshine. one at This is surely a re- course, largely due to the con biz assistant, "take the brains out stration last night as there was two previous ones. This is of tossing the sheep's head over to Colony like Hongkong with no Our expenditure will include pay-cord for a travelling company, and tinued depressed state of affairs of that, will you?" statistics to a firm which kept noments for prickly heat powder and Mr. Salisbury might well be in shipping, from which it will books, Such a firm would get the lotion that wards off mos-proud of the patronage of Hang-be seen that neither, the Board nor the management could be said to short shrift if it ever had the misquitoes. Sun helmets will re-

kongi

Last night's performance went have been taken unawares by a fortune to appear in the Bank appear, and we will go down with the usual swing from begin- sudden turn of the tide, for we ruptcy Court. It is against all again to the crowded beach and ning to end, and the principala have it on the authority of the the ethics of good business. It is all we

acquitted themselves with their Chairman that for three years in shall

will be

isual ability.

Buccession Companies like ours a danger both to the firm and to be a towel to rub us At the conclusion prolonged ap have had to labour under trying ite creditors.

dry (apologiesupending to Mr. plause greeted the assembled circumstances The only reasonable point ad John Masefield) A matshed is members of the cast on the stage,

An “Enormous Sum.” Common prudence, therefore, vanced against the re-opening of probably an artistic thing by and three times was the curtain the Statistical Department sup itself. It is undoubtedly useful dropped only to rise again in re should have dictated a cutting sponse to the outburst of ap-down of Capital outlay on a large mitted was that the trade figures It is cheap. In the bulk it is plause, Finally, Mr. Salisbury scale, at any rate until such time were inaccurate. This is no new nasty Repulse Bay confirms us stepped to the front, and in a very us' change for the batter was or novel ples in respect of trade in this impression and opinions few words thanked the people of observable. Instead of that the statistics. It has been raised it le possible, to have a matshed The Quaints during their visit been spent by our Company dur

Proper suppe Hongking for their kindness to enormous sum of $5,500,000 has time and again at Home; it has slum, that slum is certainly to be here. He only trusted that when ing the very period stated by our been the topic of discussion in seen at the place mentioned. Why they returned they would receive Chairman last year to have been Malaya; it has more than once should this conglomeration of un

the same splendid reception.

been a bone of contention in tidiness be allowed to continue Australia. And yet all these coun- The Government charges ground tries are obatinate if the word rent for these contrar and

be permitted in maintaining the we believe, has Department responsible for the charges. The compilation of statistics. Ap insist on proximate figures are, after all,

better than none if

acsist the business. comm

Amy way

Rocal Chambe

standing its

thất

one of continued depression, That 19 10 say, a sum of money, nearly equalling double our total capital has been borrowed and sunk into

lons or alteration