1929-01-11 — Page 3

3

FRIDAY, JANUARY 11, 1929.

Phone C. 22

FOR

CLASSIFIED ADVERTISING

Twenty-five Words three inser- tlona prepaid $1. Every addi. tional word four cents for three insertions.

WANTED

"CHRISTIAN PARTICIPANTS SCIENCE" Correspondence in local Press last few months requested kindly communicate Post Office Box No. 561, Hong Kong.

SITUATION VACANT.

A LOCAL HOUSE in the import & export trade bas vacaneles for two junior Chinese clerks. Appli cant must be diligent and willing to learn. Apply Box No. 576, c/o "China Mall.”

1.

TUITION WANTED.

WANTED. Qualified Teacher re. quired for girl of 14-or would consider joining with others for private tuition. Mr. Alfred J. Lane, 14, Felix Villas-Tel, C. 3712.

TO LET.

TO LET.-No. 7, Stewart Terrace, 270, Peak, from March 1st to October 31st. Five rooms fully furnished. Modern Sanitation, servants' quarters, garden. Apply F. A. Mackintosh.

TO LET Offices to be let in Queen's Road, Central Apply to E. D. SASSOON & Co., Ltd, French Building.

BRAEMER TERRACE.

A FEW

THREE-ROOMED

UNFURNISHED

MODERN EUROPEAN FLATS AVAILABLE NOW

AT REDUCED RENTALS

Motor road up to flats contemplated.

Apply

Messrs. BUTTERFIELD and SWIRE, SUGÁR BOOK OFFICE.

MISCELLANEOUS.

NOTICES.

HONG KONG ST. ANDREW'S SOCIETY

▶URNS ANNIVERSARY DIN-

BNDR will be held in the to

p.m.

exclusive of wines.

PUBLIC AUCTION,

THE CHINA MAIL,

》ARTICULARS & CONDITIONS

ernor, of

of

MY REPLY TO PRESIDENT COOLIDGE

Straightforward Analysis of Contentions in `the

*Armistice Day Speech

•

[By the Earl of Birkenhead]

be held on MONDAY, thei Volunteer Headquarters Hall on 14th day of January, 1929, af FRIDAY, 25th January, 1929, at 88 pm, at the Offices of the

Nobody certainly under-rates what America did when she Public Works Department, by came into the War and the immense value of her contribution, but The cost will be $4.00 por head Order of His Excellency the Gog when, in his Armistice Day speech, President Coolidge contended one Lot of Crown that, so far from having gained, America had been actually a losar Land at Prince Edward Road, by the War, and that her effort was in no way inferior, if not

the Colony Kowloon, in

superior, to that of other countries, incredulity amounted almost to Hong Kong, for a term of 75 indignation. In the following irrefutable review of facta, Lord years, with the option of renewal Birkenhead, writing in "Britannia" of December 7, ahows how very at a Crown Rent to be fixed by the far from any semblance of accuracy President Coolidge's speech was, Surveyor of His Majesty the King, for one further term of 75. years. PARTICULARS OF THE LOT.

Boundary

Members desirous of being pre- Bent are requested to send in their names as soon as possible and not later than Monday, 21st instant

to:

■

E. M. BRYDEN, Hon. Secretary,

c/o Lowe, Bingham & Matthews, 9, Queen's Road, Central. Hong Kong, 9th Jan., 1929.

THE HONG KONG JOCKEY CLUB

ANNUAL RACE MEETING.

25th, 26th, 27th February and

2nd March, 1929.

RAFT PROGRAMME and ÉN.

DTRY FORMS are now ready

and may be obtained at the Race Course, Hong Kong Club and Causeway Bay Stables.

Bodumry st

Locality.

Pyloss Edward Road,

hannarament Čak,

E

1th

the it

1

Square Last,

*} Annual Bertal

About

The portion of President Cool- ¡dge's Armistice Day address, which { has,,perhaps, created the most com- ment abroad is that in which he speaks of the cost of the War to

"Au | parivalo "plan. 19,000 114 trusted.

But there is no reason why in- terest charges should "appear in these calculations. They depend on the rate of repayment of internal War debta. To arrive at an accurate the United States. When we and just figure, they must be examine and analysa his figures, we eliminated from both sides of our shall see why the attention they accounts, and we must confine our excited was coloured by astonish-selves to a consideration of the ment that such a basis of calcula-actual nett expital expense to either tion should have been adopted and nation, including pension costs estimated on the 22 year's búale, "It is sometimes represented," and, of course, subtracting the pre said the President, "that this coun-War expenditure on the Navy and try (the United States) made a Army and the aums likely to be profit out of the War. Nothing received In respect of foreign debts. could be farther from the truth. Up By this, only authentic, reckon- to the present time, our own noting the cost of the War to Britain War costa, after allowing for our will reach £9,000 million, which is foreign debt expectations, are about nearly three-quarters of our na- $36,500 million. To retire the tional wealth before the war. On balance of our public debt will re- the same basis, America's coat | DARTICULARS & CONDITIONS quire about $7,000 million in inter will not be more than £7,000 million, PART Sale by Publle Auction est. Our Veterans Bureau and

greater proportionate expenditure LAMMERT BROS. 14th day of January, 1929, at at over $500 million a year in meet 8 p.m., at the Offices of the ing the solemn duty to the disabled Public Works Department, by and dependent. With what has been Order of His Excellency the Gov-paid out, and what is already ap ernor, of one Lot of Crown Land parent, it is probable that our final at Mong Kok Teul, in the Colony cost will run well toward $100,000 of Hong Kong, for a term of million, or half the entire wealth 75 years, with the option of of the country when we entered the HE Undersigned have received renewal at a Crown Rent to be fixed conflict." Tlustundens to sell by Fublic by the Surveyor of His Majesty the Auction

King, for one further term of 75

Hong Kong, 15th Dec., 1928..

AUCTIONEERS, APPRAISERS AND SURVEYORS.

-Public Auctions-

ON

MONDAY, the 14th January, 1929, commencing at 11 am,

at No. 2, Carnarvon Building, Kowloon.

A quantity of

VALUABLE HOUSEHOLD

FURNITURE

All lots must be cleared on Day

of Sale.

On View from Sunday, the 13th January, 1929,

i

Catalogues will be issued. Terms:----Cash on Delivery.

'LAMMERT BROS.,

Auctioneers.

Hong Kong, 9th Jan, 1929.

THE Undersigned have received Tintruders shalb republice Auction

ON

TUESDAY, 15th January, 1929, commencing at 2.30 p.m.,

at their Sales Room,

Duddell Street.

YOUR VISITING CARDS neatly And promptly printed."Chins Mail" Office, No. Ba, Wyndham St., Comprising: Telephone Central 22.

HOME TUITION.

CURIOS.

Porcelain Vases, Bowls, Plates, Iron Pictures, Lacquer. Tables, Chairs, Stools, Screena; Amber, Agate, Crystal, Jade and Coral Ornaments, Mandarin Coats, Em- IXTESTOVER STEVENAGE broideries, Chinese Hand Paint- W. Within an hour from Lon-ings, etc., etc.

don. In healthy neighbourhood. SCHOOL for GIRLS and SMALL BOYS. A few Boarders received in the House of the Principal. In dividual care and attention. For Particulars apply to:

MISS RUTH CULLEY

(Camb. Higher Local). (Camb. Teachers' Diploma). MISS GERTRUDE TURNER (National Frodel Higher

Certificate).

FELIX HAT SHOP

"The Little Shop round the corner

HATS of DISTINCTION to milt all occasions- morning, afternoon and

evening.

7. Ice House St...)

PHOTO - SUPPLIES

Kodaks and Cameras, Films, Plates and Papers, etc. Developing, Printing and Enlarging. ZIESS. and BUSCH FIELD GLASSES

Price Moderate.

A Trial Order is Solicited.

A. SEK & CO.

Tel No. C-8459,

Dew Youx Road, C. Hon Koo SFU

Catalogues will be issued. Termos:--Cash on Delivery. On View from Monday, the 14th January, 1929.

D

PUBLIC AUCTION.

R.

to be held on MONDAY, the allied expenses are already running

years.

אשר סל אדוור

PARTICULARS OF THE LOT.

Kowloon Inland

Begistry No.

Locality.

Boundary Mansuramenta

■.

22.15 14. ft. About

Aa pet tais plan 2,106

THE HONG KONG & SHANGHAI

RANKING CORPORATION

And again, "While we shall re- ceive come further credits on the accounts I have stated as our costs

notwithstanding the apparently

on pensions. And this is not one- fifth of America's pre-War wealth.

Our Greater Contribution

Coolidge's statement that America's So rauch, then, for President outlay will be much greater than that of any other country."

POOR ENGLISHI

How much is it coating you in wasted opportunity ?... Every day your associates are Judging you--By what you say and how you say it. Haxy Ideas, ill-chosen words, halting sentences, crude, slovenly speech -- these mark „man, ag loose in thinking. Thoughts clear-cut, words that give true shape and colour, santeness afame with power and originality—these are the things that proclaim ability, that win for their users swift advancement i

Make Your Words Reflect Your True Ability

- Stop apologizing for poor English-It's inexcusable! In the quiet at your home with La Salle's help-you can learn to speak and write with real distinction, learn to make the words you utter and the latters you compose stamp you as educated, cultured, a power to reckon with in the business world!" LOW COST, EASY TERMS SEND FOR FREE CATALOGUES COVERING BUSINESS ENGLISH, EFFECTIVE SPEAKING, MODERN BUSINESS CORRESPONDENCE,

LA SALLE EXTENSION UNIVERSITY.

2A, Kluklang Road, Shanghai.

NEW YEAR ATTRACTION

CHARLES MACDONA Presents

THE MACDONA PLAYERS

in plays by BERNARD SHAW.

Direct from the

Kingsway and Garrick Theatres, London.

THEATRE ROYAL

HONG KONG

TO-NIGHT at 9.15 p.m.

FINAL ATTRACTIONS.

TO-NIGHT

Saturday, Jan. 12th

“MRS. WARREN'S PROFESSION"""MRS, WARREN'S PROFESSIONTM

Monday, Jan. 14th

“YOU NEVER CAN TELL”.

Wednesday, Jan. 18th

"GETTING MARRIED"

Tuesday, Jan. 15th

"PYGMALION"

Thursday, Jan. 17th

“YOU NEVER CAN TELL”

Company under the management of Charles Macdona.

Booking at MOUTRIE'S.

thing could be farther from the PRICES: $4 Reserved. Unreserved $2 & $1.

President Coolidge's remark is a little misleading that "it is some- times represented that this country made a profit out of the War. No- our outlay will be much greater truth." No one is foolish enough than that of any other country. Whatever may be thought or aald of us, we know, and every informed person should know, that we reaped no selfah benefit from the War."

to suggest that the United States! Treasury profited by the War, but

that both the national wealth and there cannot be the slightest doubt BACK TO LONDON

the national income of the United States increased enormously as a result of the War.

Analysis of the Figures Let us regard these figures more closely. (For the purpose of con- Before 1014, the United States, venience, I am transforming del-in the words of the Department of lars into pounds at the conventional Commerce, "held the record of being rate of 5 to 1.) The President the greatest debtor nation in his- gives no data on which to base history, To-day she is the astounding assertion that America's greatest creditor nation, and

final cost "will run well toward” £20,000 million ($100,000 million). His other figure of £7,300 million

(388,500 million) is indisputably in accurate. He presumably bases him self upon a detailed statement in TOTICE IS HEREBY GIVEN the Annual Report of the United

Nthat an Extraordinary Meet States Treasury, and includes, for

has. & vast surplus capital available for investment abroad. Her excess of exports over imports of merchandise increased fivefold during the War period. Her gold stocks increased during the same period by three-quarters; she

now holds half the gold of the world.

ing of the Shareholders of the no obvious reason. £1,627 million It is, therefore, clear that America Hong Kong and Shanghal Banking interest paid on the internal debt made a profit,, and an extremely Corporation will be held on Satur-jof the country. Mr. Coolidge adds large profit, out of the War. day, the 2nd day of February, to this £1,400 million ($7,000 mil

Ing

the

Let me quote a few figures to illustrate the above points.

They are taken entirely from

United

MR SAO-KE ALFRED STEE TRANSFER

THE CHINESE MINISTER

A VALUABLE COLLECTION OF 1929, at 12 o'clock noon at the lion) for future interest on this City Hall Victoria in the Colony of debt until it is completely repaid, Hong Kong for the purpose of con- thus making a total cost of £8,700

States sidering, and if thought fit, pass-million ($43,500 milion).

sources--official

1 documents, following

statement on resolution, He tells us also that there must

inter-allied debts published by viz!—

be added the capitalised value of That the Directors of the future

pension payments which the Bankers Trust Company of Hong Kong and Shanghai Bank are already running at over £100 New York, and a bulletin of the ing Corporation be and they are million a year."

National Bureau of Economic Re- hereby requested and authorised

search. It may be well to recall here that by and on behalf of the share the United States had 322,000 'killed

In 1918, the estimated national holders of the Corporation to and wounded, against Great Bri-wealth of the United States Was take all such steps as may be tain's nearly three millions. The 489,600 million. In 1929 it was necessary for the introduction of United States are now paying 800,- £64,200 million, an increase of 68 an Ordinance into the Legisla 000 pensions, against our 1,500,000. per cent. Even allowing maximum tive Council of the Colony of America is spending $100 million figures for the rise in prices, the Hong Kong and for the enact-annually, and we 657 million. Thus, increase of real wealth cannot be

London, Yesterday. ment of the same by the Gov-although our casualties were eight less than 15 per cent. ernor of Hong Kong with the times those of America, and WB.

Mr. Sao-ke Alfred Sze, formerly In 1914 the estimated national Chinese Minister in London and advice and consent of the Legis-pay five times as many pensions, income of the United States was now Minister in Washington, has lative Council thereof, in the America, according to President £5,300 million. In 1921 it Was been selected as the Chinese terms of a print which, for the Coolidge, is paying twice as much admoet exactly double. Allowing Minister in London. purposes of identification, has a year on this item. Nor did we again for a maximum rise in prices, been signed by the Chief Mar- adopt a mean scale. This suggests the real increase was at least 13 per the appointment in the next few It is expected he will take op ager of the Corporation, in sub-that the figure relied upon would cont. stitution for the existing Ordin- ances (except as in such print appear to require some reconsidera- is mentioned) and Deed of Set- tlement of the Corporation,

LAMMERT BROS,

Auctioneers. Hong Kong, 10th Jan., 1929.

THE Undersigned have received

Tinstructions to sell by Public

Auction

ON

[SATURDAY, 12th January, 1929,

commencing at 11 am.

:

at their Sales Room,

Duddell Street.

2 Pieces Tweed

1 Case Artificial Silk Yarn

372 Bottles Whisky

霜

and

(for account of the concerned)

tion.

What the War Cost America

In 1914, the United States held weeks.--British Wireless Service. gold to the value of 5877 million. [Mr. Sze was appointed Minis In 1921 it held £660 million, an inter to Britain in 1914 and Minis- ter to the U.S.A. În 1921, and Even if the President's statement crease of £238 million. AND NOTICE IS HEREBY

The average annual excess of again in 1923.] | ware correct," the amount he gives ALSO GIVEN that a further ex of present. pension payments a

America's merchandise exports over traordinary meeting of the share insufficient to increase the ultimate her imports in the pre-War period holders of the Corporation will be cost to anything nearly approaching from 1910 to 1914 was £95 million. 72 Packages Cyntilla Lustre Woo! February, 1929, at 12.45 in the This implies that the current rate America's net exports during the held on Saturday, the 23rd day of £20,000 million ($100,000 million). In the War period from 1915 to 1922, this rose to 2580 million. "Bees" Evaporated afternoon at the same place for of pension expenditure would have

the purpose of receiving a report to continue for over a century; even War, period amounted to of the above mentioned meeting if old soldiers never die, It is un and of considering, and, if thought fit, confirming the above resalu kely that their average duration increase in the national wealth of of life, even in the invigorating tion in accordance with Article 9imate of America, will prove to the United States during the War. of the Corporation's Deed of Set be 110 years from the close of the years.

44 Cases

J Cream

"(more or less' damaged).

1 Bala Carpets.

1 Bale Leather Cloth

Terms: Cash on Delivery,

LAMMERT BROS.,

Auctioneera. tlement, Hong Kong, 11th Jan., 1929.

SPORTING GUNS AND ACCESSORIES.

GUNB Greener, Webley & Beetle, BSA. J. W. Needham & Rafck Frares Air Rider Revolvers. 8. & W Rife Accessories Aper ture, Sights Sporting requisites Cartridges to suit all born. THE HONG KONG SPORTING, ARMS AND AMMUNITION

Arcade.

By Order of the. Directors,,

A. CAHYNES,

over

£4,000 million.

Such is the truth concerning the

America's Improved Position

CIVE YOUR CAR A NEW FINISH DO IT YOURSELF WITH ONE OR TWO COATS

OF

Hecto

FINISHES

Dated this ist day of January, estimate ultimate pension costs at War. It is more usual, however, to 1929.

I now turn to the transformation twenty-two times the present cost of the United States from a debtor This means that the nitimate cost to a creditor nation. It is not enough Lof the... War to America will not to show that America has netusily Chief Manager, exceed $11,000 million. This is a grown richer see result of the ALL COLOURS KEPT IN STOCK Note: A copy of the proposed title over a quarter of the pre-War War I propose to demonstrate how New Ordinance can be seen national wealth of the United States immeasurably the has improved har during the usual banking not, as President Coolidge proposition vis-à-vis her "selfish" allies, hoursTM: (Sundays, Fublic testa, half the entire wealth of and the rest of the world. and Bank Holidays except the country when we entered the

ed) In Hong Kong at the conf

Head Office of the Corpora tion or at the offices of Messrs. Johnson, Stokes & Master, Prince's Huile BolloHtors to the said Cor poration, andinta: Sha

rable bas

Before they War, foreign Invest- ments in the United the net greatest deber natio

United | smot tou to $1,000/millon

AS WELL AS THE NEW

FORD SHADES.

abian Sand, Dawn Gray, Niagara

and Gun Metal Blas

CURES

COLDS BANISHES HEADACHES

Preventa

CHILLS

AN AND

INFLUENZA

Price:

$1.00 Per Bottle. To be obtained from all Drug Stores,

Sole Agents:

WAI ON TSEUNG, LTD..

China Buliding

Tel. C. 3813

* REPAIRS

ᄆ

· SECOND TO NONE MODERATE (CHARGES

The only repair shop

in Hong Kong central.

FIAT GARAGE 67A, 67B, Des Võsux Hd.

Tel. C, 4821.

NOTICE

TO SHIPOWNERS, MASTERS & AGENTS,