1928-12-21 — Page 2

HONG KONG AND SHANGHAI:

BANKING CORPORATION,

Authorised Capital

***** $36,000,000

Imand nad Pully Paid-uji ungmin $20,000,000 Bewares Punda

Blocking

+

...£4,000,000

_BLPHYa--་་-14,100,520

Beeerra Liability of Progelstors $20,000,000"

HEAD OFFICE: HONGKONG.

COURT OF DIRECTONA:-

A. 1. Compton, Esq. Chairman.

N. A. Benwo, Esq. Deputy Chairman,

Hon. Mr. D. P. Baith, W. II. Ball, Esq. B. Lander Lewis, Eaq, ... Mackie, Knj,

Hor

ВАКОДОК

BATAVIA

BOMBAY

CALCUTTA

.CANTON

CHXFOO

COLD

DAMEN FOQCW

114 SPRONG

NANIURO

HANKOW

HARDIN

HONGREW

ILOHO

SPOR

JUIKRE

ADDR

W. J. Pattonian, Esq. J. A. Plummer, Esq.

I O. Will, Ray.

I. P. White, Eng,

Chlef Manager,

Hon. Mr. A. C. Tynon.

IMANCHES

KUALA LUMPUR

LONDON

LYONS

MALACCA

MANILA

MOURDEN. NAGASAKI

NEW YORK

PEKING

FENA NO

RASTOUN

SAN FRANCISCO

SALLON

SBANGBAI

SINGAPODE

HUURADAYA

SUSIJUI PATANI

T

THESTSIN

TOKYO

- TSINGTAD

YOKUHAMA

Current Accounce opened Facal Curieuny And Yoned Deposits coved for one jar or Nicer portade in Local Curtuney sad. Storag on katika wisish will be grond is application, Jong itung, Bulls Decrialis, 322.

HONG KONG SAVINGS BANK,

སོགས་རྩ།

The Busines of law shore. Bank in conduct ed by the HONGKONG AND BUANGHAI BANKING CORPORATION. Rulos y bo obtained on application.

FOR THE RUNGKONG BANKING CORPORATION.

* BHANGHAI

4. C. HENES.

Chial Manager.

Ilona Heng, th September, 1927.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

-(NETHERLANDS TRADING SOCIETY)

BANKSRA.

・行銀商工法中

BANQUE FRANCO - CHINOISE

pour le

Commerce et l'Industrie (Incorporated in France).

"Prince's Building, ChaterTM Road,

Hong Kong.

HEAD OFFICE

74,. Rue St. Lazare, Paris. Capital fully paid up..Frs.50,000,000 Special working capital .Fra.50,000,000 .Fra.22,319,000 Reserves

Kong,

BRANCHES:

PANKERS:.

FRANCE:-Societe Generale, Bangçe Nationale de Credit Banque de Paris et dos Pays Bas. LONDON-Midland Bank, Ltd.

W YORK-American Exchan

NEW

ciale Italiana.

SAN FRANCISCO:-Bank of Italy.

Every description of Banking and Exchange Business Transacted, respondents throughout the world.

Hong Kong, 3rd August, 1928.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Agencies and Branches:

ALOR STAN

((Malay Staton)

AMRITSAR

DANORUK

BATAVIA 11DMLAY

CALCUTTA CANTON CAWNFORR CENU COLOUPO DELRI

BAITHONG HAMBURG HANKOW

HARDIN

IN. Manchuria)

HÔNG UND

ILOILO

Froi

KARACHI

KLANG

KOTE

Hong Kong

ico;—11 Quoou'e Bond Contrai.

Terak

Authorized Capital

Guildars 150,000,000+

Taid-p Capital

•Roerte Fund

Established 182t,

(212,400,000.)

Builders 80,000,000-

(40,000,070.) uilder 0.000000

(£8,155,823)

KUALA KANGSAR

KUALA

BUCUING

MADIAS

MANILA MEDAN

NEW YORK

PEKINO PENANO PESHAWAR HANODON BAIUON

SEMARANG

BEREMBAN'

SHANGHAI BINGAPORE SOURADAYA

TAIPINO

TPM SA TAVOY

TIENTUIN

TOKYO

TONÚKAH (Nkukat)

TSINGTAO

YOKOHAMA

ZAMBOANGA

(Philippine Islands)

Foreign Exchange and General Banking business transacted.

THE CHINA MAIL,

THE CHINA ASSOCIATION

FRIDAY, DECEMBER

21, 1928.

selves, for without its steadying in-havo criticised the methods of the Grindle out to Shanghai and Hong fluence, without the moral support Nationalist, but that does not mean Kong at the rate of 320 miles an derived by the moderate slements that we are unsympathetic towards hour. (Laughter and Cheors.)-I-

sence in Shanghai, I am convinced the contrary, in genuine National would cause the greatest notonish- that China could never have ismi lies China's only hope of regen- ment, the arrival of the seaplane or atemmed the tide of communism eration. I can see nothing incon- the arrival of two Permanent and anarchy-which-at-that-tims.sistent between_what_we_want-in-Under-Secretaries of-State.-(Laugh-- was aweeping the country to choas China and what Chinese National-tor.)

British Sympathy and Support for the New Order of the Chinese from its mere pre-true Nationalist aspirations. On should not like to speculate which

GREAT ANNUAL GATHERING

The Present Situation Reviewed

Bome

Relief in the Future

many

2

war

that have

is

.1

and ruin. Is It not, therefore, fit-. fam wanta, (Hear, hear) Chinese Seriously, Sir Laming, these mat. - ting, gentlemen, that we should to Nationalism wants to be master in ters deserve the Government's earn- night "acknowledge with gratitude its own house; 'to "organise its own est consideration. Do not ask us, the courageous part taken by Sir institutions, in a word to run its wait for their remedy until the. The annual dinner of the China Association and the Committee will Laming in that momentous decision own show. That is exactly what we Cabinet composed of right Association was held at the Hotel find very important work to do, of February, 1927, which may look forward to its eventually being honourable gentlemen who, having Victoria, Northumberland avenue, both diplomatic and commercial, in easily be regarded by our historiana able to do. At the same time, we gained experience tu the City, Paria, Lyons, Marseilles, Saigon, London, on November 22, Mr. the rehabilitation of China. Those as having more far-reaching effect feel that to, remove those safe have returned to Westminster- Haiphong, Hanni Tourana, Quinhon, Stanley H. Dodwell, Chairman of two bodies filled with mon with on posterity than anything else this guards under which China's foreign (Laughter)-but rather make their Hue, Thanh hon, Vinh, Pnom Pork.

Poking, Shanghai, Tientsin, Hong Committee, in the absence through e-long knowledge of Far Eastern Government have done. (Cheers.)

trade has flourished-that trade on adjustment a plank in the Unionist Illness of the President, Lord South-conditions will be of great public

which her credit rests-before the party platform at the next Election, borough, presiding over a large and service in advising His Majesty's It has in the past been customary Chinese themselves have provided when, I am sure, you can rely upon distinguished gathering, which in Government and also public oplaton at these gatherings to expect from effective and practical substitutes the wholehearted support of this cluded at the chief table the Rt. upon

exceedingly difficult the Chair a brief resume of the would be courting disaster for both Association. (Loud cheers.) Hon. Sir Laming Worthington questions, such as the trading and happenings of the past year and an of us. (Hear,"hear.) If they are The toast was enthusiastically Evans, Bt., G.B.E., M.P. (Secretary treaty rights of the future, which indication of the policy advocated wise, therefore, they will not ask us honoured. of State for War), the Rt. Hon. will certainly come up for con-by the Association, but so delicate to destroy institutions

Secretary for War Replies Sir Donald Maclean, K.B.E., Mr. sideration and settlement. Success has the diplomatic situation in served both Chinose and foreign The Rt. Hon. Sir Laming Worth. H. W. Looker, M.P. (Vice-Chair- to the Association!" (Cheers).

variably been, so real the danger of interests as well, but rather they Lington Evans, Bt., G.B.E., M.P. Corman), Sir Francis Aglen, G.C.M.G.,

In proposing the toast of His "putting our foot in it," in one will welcome our Government's (Secretary of State for War), whỏ • K.B.E., Colonel Sir Henry Me Majesty's Ministers, it is a source direction or another, that it has policy of adaptation and gradual received a very cordial welcome on L. BERNIS, Mahon, G.C.M.G., G.C.V.O of great, gratification to me to be strained the ingenuity of our presi- relinquishment, so allowing their rising to respond, said: Mr. Chair- Mager K.C.I.E., Sir Lawrence Guillemard, able to couple it with the name of donts to the utmost to steer a safe own safeguards to develop and man and Gentlemen, Let me first of G.C.M.G., K.C.B., Sir William Rees- so distinguished and representative course through the shoals of gener strengthen alongside the old ones all congratulate you upon the very Davies, E.C., Sir Robert Waley member of the Cabinet as the alities, platitudes and pious hopes until they are ready to take their statesmanlike speech that you have Cohen, K.B.E., Sir Herbert Creedy, Secretary of State for War. with which our eloquence on the place. We sincerely hope, there delivered-everything, except per K.C.B., K.C.V.O., Major-General Sir (Cheers). We welcome him to subject of China abounds. I recall fore, that wisdom may prevail, and haps the concluding passage. John Duncan, K.C.B., C.M.G., the night with all the cordiality in- to-night one of those plous hopes that China may see fit to seek the (Laughter.). If I were the Minis Incorporated by Royal Chater, 1855. Hon. Claude Hope Morley, Mr.herent in this occasion, and we the expression of which will. I am advice of this country which the ter representing the interests spe- HEAD OFFICE: LONDON. David Landale, Lieut.-General Sir thunk him personally for his share sure, be familiar to all of you. It Prime Minister has himself assured cially of China, I could not hope to | Paid-up Capital*

.£3,000,000

1000.000 George Macdonogh, G.R.E., K.C.B., in the difficult part which His rums: "Howover black, however her is entirely at her service. have made a better speech, or one, Reserve Fund Reserve Liability of Proprie

K.C.M.G., Major Hon. L. H. Cripps, Majesty's Government have had, obscure the future of China may (Cheers.)

with the exception that I have men- tors ....

£9,000,000 Major-General J. R. E. Charles, and still have, to play in regard to seem, we can implicitly trust in the Hong Kong's Disability

tioned, more in consonance with the C.B., C.M.G., D.S.O., Rear-Admiral China. One of these days it may innate common-sense of the Chinese So much for China, gentlemen. general policy of HM. Government. Edgar Grace, C.B.,' 'Sir Cecl be our privilege to extend to him, people to come to the rescue.” A word about Hong Kong. Sir The latter part of the speech sug Clamenti, K.C.M.G, Sir Charles as we have already extended to repeat that to-night, Gentlemen, but Cecil Clementi will, I hope, tell us gested that those high officials who Addis, *K.C.M.G., Mr. John Swire, some of his colleagues, a more per- not as a plous hope as a confident something of the great Improve advise the responsible Ministers Sir Victor, Wellesley, K.C.M.G., mahent welcome to the city; indeed, belief, based on the events of the ment in her state. I merely wish should journey quickly-(Laughter) C.B., Sir Harry Goschen, Bt.I hope that our trade with Chinh last few months, that reason and to mention an administrative dia--as they always do--(Laughter) - K.B.E., Sir Eustace Tennyson in the near future may justify some common-sense wil—prevail. The ability which this Association con- and efficiently to the spot, which d'Eyncourt, K.C.B., F.R.S., Sir of us in offering him one of those situation, I admit, still gives rise siders to be a weak spot in her they always do, and that they should Gilbert Grindle, K.C.M.G., C.B., Sir monumental salaries we read about to grave anxiety. Piracy, brigand- armour, and one which we are con act there as managing directors. I Sydney Barton, K.BE., Sir E. —(Laughter)—but at the moment, age and Illegal taxation are rampant vinced has adversely affected her wonder whether they would be wel- Denison Ross, C.I.E., Colonel J. H. under the conditions we have ex---there are 21 tax stations on a 300- Interests in the past, and is likely come when they arrived on the spot Hastings, D.SO., G.B.E., Colonel perienced now for some years, Imile stretch of the Yangtze be- to do so in the future. I refer to as managing directors of those vast A. J. Barry, Mr. W. P. Ker, C.M.G., can assure him it would tax even tween Chungking and Chengtu-but the fact that the Colony is under interests which you all represent in Mr. W. B. Kennett, Mr. J. T. Pratt, the intellect of a Cabinet Minister in spite of everything the situation the jurisdiction of the Colonial China? No, Sir, that inst part of C.M.G., Mr. H. R. Boyd, C.V.D., to turn an honest penny. (Laugh is undoubtedly better than it has Office, and the Canton Consulate your speech did not quité vinualiso C.B.E., and Mr. A. G. Angler.

for ter). It has been suggested to me been

long day, under that of the Foreign Office. the respective functions of those The toasts of "His Majesty the that in certain quarters our action partly because civil

has The welfare and prosperity of Hong who are entrusted with advising because we are on Kong, så largely centre in her trade H.M. Government at home. I can Current Accounts opened and Fixed King" and of "Her Majesty the in inviting HM. Secretary for War ceased, partly

Chinese, with Canton and Deposita received for 1 year or short- Queen, H.R.H. the Prince of Wales te.be present with us to-night may batter, terms with the

the Southern imagine hearing quite a different er periods at rates which will bo quot- and other Members of the Royal be construed as an indication that partly because-and this, gentle Chinese provinces of Kwangtung story if they went there as manag ed on application.

Family" were given by the Chair our aims and aspirations in China men, is a wonderful phenomenon and Kwangsi, that, in our judgment, ing directors teaching you to do A. H. FERGUSON,

man and loyally honoured.

are of a bellicose nature. As you Governmental China is being sup the authority which directs the your business-as no doubt they His Majesty's Ministers know, nothing could be further ported to an unprecedented extent affairs of Hong Kong should also be could. (Laughter.) We should then Hong Kong, 3rd April, 1928.

The Chairman, in proposing the from the truth. We are as anxious by Commercial China-think of it, in charge of British Interests in

(Continued on Page 3) toast to His Majesty's Ministers," to see a state of tranquillity in gentlemen, almost as wonderful as Canton. If that is not possible... said: Gentlemen, I would like first China as must be the millions of were the inarticulate middle- and we appreciate the difficulties to express the regret we all feel her subjects who have suffered classes of this country to assert then we strongly recommend that and which I in particular feel, at from the continuous civil wars of themselves, as they assuredly will the matter should be investigated the unfortunate circumstance which the past few years, and, to be quite do If official plunder in this country with a view to arriving at some has pinced me in the chair to-night frank with the Right Honourable reaches the pitch of legal plunder method of greater co-ordination the illness of our President, Lord Gentleman, we have got him here in China. But chiefly is the im than exists at present. (Hear, Southborough. Happy our regret to-night in the hope that the mellow-provement due to the fact that the hear.) Amother administrative dis- is tempered by a feeling of relief ing influence of our society will right men with the right ability from which Hong Kong that Lord Southborough is now well tend to curb the martial spirit that ideos would Been at last suffers, in common with many other on the road to complete recovery must of necessity circulate within to, have .an opportunity of parts of the world to which British (hear, hear) and we trust it will the breast of one holding auch office putting them into practice, trade has penetrated, is one that I Osaka.

not be long before he is amongst as his. (Laughter and Cheers). (Cheera.) These men-the present have alluded to many times before, FORMOSA: Giran, Kagi, Korenko, us again. I have a letter from him

lenders of the Nationalist Party and I feel it in my bones that Sir Keelung, Makong, Nania, Shin which I would like to read to you.

The Defence Force chiku, Talchu, Tainan, Takas,

many of them young men, have a Victor Wellesley and Sir Gilbert Tamsui, Toen, Heito, Taito,

"Thank you very much for your With that preface, gentlemen, stupendous task before them, for Grindle, seeing me on my feet once CHINA: Shanghai, Hankow, Amoy, letter. I returned home after a. endorse Lord Southborough'a satis is one thing to issue edicta from more, will not properly digest their ONE OF HER "BAD DAYS.”

Foochow Swalow, Canton, serious time of it in a Nursing faction at the efficient and expedi-Nanking and quite another to have dinner unless I allude to It again. OTHERS: Hong Kong, Singapore,

Some little children are particu- ingapore Home without hope that I should tious way in which his Department them carried out throughout the (Laughter.) As business men, it larly prone to having "bad days," Soerabaya, Semarang, Bombay, Calcutta, London, New be allowed to preside at the Annual early last year translated into action provinces, but they are doing their seems to us astonishing that so few days when they are peevish and Dinner of the China Association, the decision of H.M. Government to best against heavy odds, and we if any, of our permanent Govern- restless, refuse to play or be LONDON BANKERS: but with some beller that I might send the Defence Force to China offer them our sincerest congratula ment officio-the managing direc- amused, and are easily excited to The London County Westminster and be able to dine with my friends. (Cheers.) I shall not readily fortions on the formation of their tors, as it were, of the Colonial and

There is no chance of it. I am get the circumstances under which Government, and our sympathy and Foreign Office-have ever seen the Almost invariably the trouble Be Bank has Correspondents in the Cocamarial deeply disappointed. This would I first read of that momentous deci-encouragement in the great task lands in, which it is their respon-with such children is disordered churia, Tringtao Japan, Indo-Chine, lam, fads have been the third occasion upon aion of February, 1927.

I was in before them. (Cheers.)

ability to protect and promote our stomach and bowels, and the best Philippus Thlands, Java, Atrit, U.B.A., Australia, which I should, have been in the New York on my way to Shanghai. British Help and Sympathy interests (Cheers) and never and promptest treatment in all

Interest allowed or Current Annonal, and The

A few months ago it was our having seen them, it seems to us all such cases le potent rates which will be quoted' en applice chair, and I remember with grati I had experienced a turbulent pas

tude the kindness of the members sage across the Atlantic, and had privilege to welcome in this city the more astonishing that they do of the Association, who elected me been unable, in common with many two of the most prominent Nation- not give a freer hand to their ́men to the office of President. My others, to keep in touch with the alist leaders, Dr. Sun Fo and Dr. on the spot (Cheera)-men like mortification is increased because wireless news. Just previous to my Ha Han-min, the latter of whom Sir Miles Lampson and Sir Ceall am deprived of the pleasure of leaving England we

has done so much to compose the Clementi. There is only one mem-

Just 2 little dose meeting my good friend the Secre solemnly warned by Downing-street difference of the various factions ber of this Association who might pleasant sweet-tasting little pellets tary of State for War, and of that under no circumstances could within his Government. As a re- be against one in this matter, and (which can easily be crushed to a testifying to the strong feeling of we expect any troops at all to be sult of bis visit, and particularly as he 18 the representative of powder if desired) and soon the satisfaction we entertain with resent to China. Imagine, therefore, a result of his interviews with Sir the Eastern Telegraph Company. child is restored to cheerfulness, gard to the administration of the my surprise on picking up a New Austen Chamberlain, Dr. Hu Han (Laughter.) I suppose, gentlemen, nctivity, and the full enjoyment of military forces of the Crown in the York paper

enormous min, on his return to Chins, assured the reason they do not visit China its games. Far East under circumstances headlines, occupying half the front his countrymen that they could is the 10,000 miles that intervene; Your chemist sells Baby's Own $60.000,000.00 novel, difficult, and in some respects page, the announcement: "Great count upon the help and sympathy if that is so, I rejoice to think that Tablets, or post free, 60 cents the

18,278,000:00

I should British dangerous. (Cheers).

Armada

from Converges on of Great Britain. He may include he time is approaching when we vial,

Williams' the Dr. 9,029,425.24

have liked to be present at the din Shanghai," "and on another page this Association in that assurance, shall be able literally to waft Sir Medicine Co., 60 Klangse Rond, ner for another reason: I think actually a picture of General Chiang (Hear, hear.) At times we may Victor Wellesley and Sir Gilbert Shanghai. you will be able to say that there Kai-shek's troops taking up 2 is a marked Improvement in the strategic position against the Bri- Branches and Sub-branches all over political situation, and that with a tiah Expeditionary Fortes! (Laugh- China and Correspondents in Europe, apirit of moderation we may watch ter.) The Defence Force, 73 we THE YOKOHAMA SPECIE BANK, (America, and other parts of the world the developments In China. with in all know, was sent to China for the

Hand Of~~(AMSTERDAM"). Eaniach load Udoo-BATAVIA. ANCHES:-Bandjeannaintandoeng) Baby,

Galute, Cheribu, Jeddah, Damber, johjakarta) The lingue"), Kobe, Kota-adja, Makassar, Medan, Padang Palembang. Fokalooga Pessay. Pandasa Hagoon otterdam"); Bemarangʻi. hanghai,

(bucaire), Singapore, Bostabala, Sakica (Soia Tegal, jilatjap and Waltedes.)

These office have safe deposit bozes to ist. Londen laskara National Provincial Bank Xid Carrospendants over the world Banking buatının dil qvarg description, transced.

C. STRENSTRA,

Hanager.

Hong Kong, 28 August, 1928.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

06, Boulevard Haussman, Prris. Subscribed Capital ..Frs. 72,000,000.00 Paid-up Capital 50,400,000.00 Reserve Funds ....Frz.102,000,000.00

BRANCHES:

Bangkok Hanoi Quinhon Battambang Hong Kong Saigon Cantho Mengtze Shanghai. Canton Nan-Dinh Singapore Dijbouti Noumea Tientsin Fort-Bayard Papeete Tourane Haiphong Peking Vinh Hankow I'nom-Penh Yunnanta

Pondichurry BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel ot Commercial;] Societe Generale.

Manager.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formoss. Bank-Notes issued

Average amount....Yen, 45,000,000

BRANCHES AND AGENCIES:

JAPAN:-Tokyo, Yokohama, Kobe,

York, Dairen.

Parr's Bank.

Centror in the Boropena Conlisent, Mumia, Maa-

|tion. Deposlis in Yon can be accepted.

·

HONG KONG BRANCH:

·

3. HARA,

Manager.

3, Des Voeux Road Central,

de

Hong Kong, 22nd September, 1928.

IN LONDON: The National Provin cial & Union Bank of England, Ltd.; Comptoir National d'Escompte Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co; French American Banking Cor- poration; Guaranty Trust Co. of New! York,

Interent allowed on Current Ac- counts and Fixed Deposits according! to arrangements.

THE BANK OF CHINA.

行銀國中

(Specially Authorised by Presidential

Mandate of the Republic of China

on the 22nd of November, 1917).

Authorised Capital

Reserve Fund

Every description of Banking and Paid-up Capital Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

Manager.

Hong Kong, 28th Nov., 1928.

LIMITED,

Established 1880,

Capital (Tully paid-up) Yen 100,000,000 Reserve fund

Yen 102,600,000

Head OfcYOKOHAMA.

Branches and Agencies al:

Alexandria

Batavia Bombay

Buenos Ayres

Calentto

Canton

Changchun

Newchwang

New-York

Oanka Peking

Rangoon Rio de Janeiro Salgon Diren (Dalny) San Francisco Fengtlen (Mukden) Seattle

Hamburg

Honkow

Harbin

Hong Kong

Hopolala

Kal Tuon Karschi Kobo

London

Los Angeles

Lyons

Manila

Sornarang

Shanghal Shimono soki Singapore Soerabaya

Tiantsia

Takyo

Tainanfu

Sydney

Taingtau Vladivostok Nagasaki

(Temporarily Nagoya

,closed)! Interest allowed on Current Acil. counts.

Deposits received for fixed periods at rates to be obtained on application.

•HLY MORIN sad Manager. Hong Kong, 11th September, 1928.

Ltd.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4. Queen's Road Central.

to see in-

had

been

London Bankers: The National terest and hope. Provincial and Union Bank of England, then I feel that a prophecy I have property. It was sent. If I mistake If this is true, sole purpose of protecting life and

The Guaranty Trust Company of made to the Chira Association, and not, with grave, misgivings on, the New York.

to. Its aliled, body the China Com- part of some of our statesmen lest New York Bankers:-The Irving mittee, on several occasions, will National Bank.

The Equitable Trust Company of become true also, and that the New York.

Current Ac-{ Interest allowed on counts and Fixed Deposita. Terms on application,

Every description of Banking Busi- THE BANK OF EAST ASIA, LTD. ness transacted.

HEAD OFFICE: HONG KONG. Loans granted on approved secur- itios.

10, Des Voeux Road Central, . Special facilities for Home Ex-.

Hong Kong. change.

Authorised Capital .$10,000,000 SHOU J. CHEN, Paid-Up Capital ....

6,000,000 Manager. Reserve 1550

1,200,000 .BRANCHES AND AGENCIES;- Batavin Melbourne San Francisco

Nagasaki Seattle Calcutta New York Semarang Canton Osako Singapore

THE BANK OF CANTON, LTD. Bombay

Established 1912.

Head. Offee-Hong Kong.

its despatch bring down upon the Government a storm of criticism from the advocates of a rigorous economy. That it did not do so to any serious extent is remarkable, and I think proves that there must be more people in this country than

we ever dreamed of, who assess the China problem at its true value, who realise that a satisfactory solu- tion of it, resulting as it would in the raising of the standard of Hying and the purchasing power of 400,000,000 Industrious people, must do more to oure the economic Bick- ness in this country and the world to-day than all the temporary palliatives and expedients to which we have recourse. (Hcar, hear.) The Prime Minister, in his speech Bangak, Hawork and Eau Francis Correspondents in all principal cities said that the Defence Force saved at the Guildhall the other hight, Every rescription of Banking and the groin e perence Force seved Exchange business transacted. Loans my Judgment, gentlemen; it did far

SAFE DEPOSIT BOXES to let granted on approved mecurities. - ** more than that. It raised our 'pre-

ASEAN TONG PO,

El Chief & Manager. Hong Kong, 21st March, 1927.

Authorised Capa! (ILK, Curraney) Pald! Up Depil. qua: 8,064,00 Reserve Fund um

11.000.000

800,000

BRANCHES

Haiphong Paris Sourabaya: Honolulu Peking Sydney Kobe

Penang Talpah Kowloon Rangoon Tientain London Saigon Tokyo

Shanghai

Calon Babel, Kankow, Brasov, Manila

"LONDON DAKKENA 195

The Floyd's Danir Lämĺbod,

· CORRESPONDENTE

Fordgaankanga and backing busises of Skie Deposit Bosse (prie ) you

LOOK POONG SHAN,

Chief Manager. Hong Kong, 19th February, 1987,

of

alge, which, at that time, had sunk

to very low ebb. (Hear, hear,) It helped the Chinese to help them-

FRY'S

CUBE BLOCK CHOCOLATE

Ask for

Cartet

CUDE

CHO

tears.

Baby's Own Tablets

of

theaa

FOUR KINDS

FRUIT & NUT CHOCOLATE Marcan Carter) Delicious plat-cineo-

lates mixed with Sales inbina・ and crip

BELORAVE CHOCOLATB (Red Carter) Perfectly plain, plačaly perfect chocolat out of the ordinary.

VALENCIA CHOCOLATE (Orange Caried).

Silk chocchain made wwen more delichtfal with fusity balling and choicest almonda 3

MILK. CHOCOLATE (Blue Care) Made with fresli mülle

from English farma

Sole

Agents:

JOHN D.

HUTCHISON

& CO.