1929-03-08 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised Capital mannermanus $56,200,000 Issued and Pully Pildsp ayammum: $30,000,000 Rosarra Puzdas

Mierling................... 6,000,000

Silver

- . $14,060,00%

Hoverre dabilliy of Proprietora $98,880,000

HEAD OFFICE, MONDEONG.

COURT OF FIRECTORS ——

H. A. Brows, Esq. Chalisa,

W. H. Ball, Paq. Deputy Chairman.

B. D. P. Beith, P.

W. L. Failabdan, Esq.

A. II. Compton, Esq.

J. A. Plummer, Raq.

D. Landos Lewis, Esq.

C. 1. 8. Machle, Kug.

AMOY

BANOKOK BATAVIA

DOM DAY

CALCUTTA

CASTON CHEYDO

·COLOMBO

DAIREN

BONCHOW

SONG

HAMBURG

HANKOW HARBIN HONGLEW ILUSTA

180730

JOBURE

KUBE

KOWLOON

T. . Well, Esq.

Chial Manager, Eton. Mr. A. C. Igno

-.

BRANCHEBI→→

EPALA LURPUR

LONDON

LYONA

MALACOA

MANILA

MDCKDEN

NAGASAKI

NEW YORK

PEKING

PENANG

RANGOON

BATOUN

SAN FRANCISCO

SHASUTIAL

SINGAPORE

SOURADATA SUNGEI PATANI TIENTHIN

TOKYO

TINOTAU YOKOHAMA

Custunt Accuvate opened to Local Currency ard Pised Deposits foreived for sae your shorter period in Local Currency and Berling un semn which will be quoted on application. Hong Kong, Shed Fibranty, 19.

HONG KONG SAVINGS BANK.

in of time above Dank le conduct ad by the HONGKONG AND SHANGHAI BANKING CORPORATION.

abandon pplications

FOR THE RONDEOND HANKIMI CORPORATION,

行銀商工法中

BANQUE FRANCO - CHINOISE pour le

Commerce et l'industrie (Incorporated in France).

Prince's Building, Chater Road,

Hong Kong,

HEAD OFFICE:

74, Rue St. Laxare, Paris. Capital fully paid up..Fra.50.000,000 Special working capital Fra.50,000,000 Reservas

..Fra.22,319,000)

Kong:

BRANCHES:

KANKERB: FRANCE:--Societe Generale, Banque Nationals de Credit, Banque de Parls of des Pays Bas. LONDON:-Midland Bank, Ltd.

NEW YORK-American

4

ciale Italiana,

SAN FRANCISCO:-Bank of Italy.

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

Manager. Hong Kong, 3rd August, 1928.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. favorporated by Royal Chater, 1858.

THE CHINA MAIL,

RUBBER COMBINE

AMALGAMATION OF FOUR

Reuter.

COMPANIES

BIG SCHEME

Singapore, Yesterday.

NEW S.M.R. 5,000 TON PLANT

COMMERCE

!

AND

FINANCE.

Y.7.00 per

has

and as the industries of the country

FRIDAY, MARCH

NEW CONSTITUTION Only a central body could wisely review the whole field and call for DIOCESAN CONFERENCE 1ST quotas to meet any need. It was not intended to take anything SESSION

from the powers or activities of the Victoria Diocesan Association or the China Missionary Associa

RESOLUTION PUT OVER

The first session of the Church tion, though (Mr. Shann said) he of England Diocesan Conference hoped that those bodies, perhapa was held in St. John's Cathedral amalgamated, would pass their Hall last evening and the second donations (if necessary), ear- follows this evening at 5.15 p.m. marked) through the Diocesan

Conference. The Bishop of Victoria (Rt.

Vast Changes

The Bishop, in the course of his

топ

8, 1929.

agreement room must be *found for very considerable divar

sities of faith and practice; and 'the reunited church must be large and comprehensive enough to contain all the treasures of experience which have given thair strength to tha various non- Episcopal communiona. Hore, I think, we get to the heart of the matter. The Conference will- bear fruit exactly as those it re- presenta acknowledge that true Catholicism is wider and more comprehensive than anything embodied, In any single com munion, or, more generally, that. there is a true witness borne by the different Protestant -com- munions which Catholicism, as commonly understood, needs for its own sake and has in history failed to realise, and, on the other hand, that Protestantiam needs to make its own what has been the strength and glory of Catholicism. The real question is will the different communions deliberately set themselves to acknowledge their own limitations and encourage themselves in the. recognition

the irute Catholicism, or the true Chrla- tianity, is something larger and wider than any one of the existing traditions ? This will involve a great effort-for example on the part of the orthodox churches of the East, or of the Protestant communions of Europe and America, but we believe it is an effort which the best men of all the separated communions are prepared to make; and what they

that

ritory. Tsingtau sait was quoted at ton against Y.7.99 and Y.0.84 for the Kwantung product and, in addition, had an advantage of 30 to 60 sen per ton in the freight rate to Japan. In order to compete, the Rev. C. R. Duppuy, D.D.) pre- Others present were the Kwantung producers have had to sided. combine to Improve their methods all Very Rev. Alfred Swann, D.S.C.presidential address, said: Paris, Lyons, Marseilles, Satron,

along the line and install mechanical (hon, secretary of the Confer- Brethren of the Clergy and of the Haiphong. Hanoi, Tourane, Author

It la understood that the directors loading and handling devices. The ence), Rev. H. V. Koop, lalty: It is my privilege to bla ILac Thanh-hoa, Vịnh, Phnom Penh.

Peking Shanghai, Tientsin, Hong of the Allenby, Balgownie, Connemara competition of salt from Great Rev. N. V. Halward, M.C., Rev. you welcome to this Conference. In

and Kundong Rubber Companies have tain, Germany, Spain and Egypt aubmitted to their shareholders pro-also aggravated the situation for the W. Wallon Rogers, Rev. A. D. the nature of things it can only be Stewart, Rev. G. K. Carpenter, a small one, but I would remind posals for an amalgamation which will Kwantung producers.

The present consumption of soda. Rev. E. K. Quick, Rev, W. T.you that the influence of a Con- form one of the biggest combines in Malaya. It will be known as the ash in Japan is 120,000 tons per year Featherstone, Rev. G. T. Walde- ference need never be in propor- Connemara United, Limited.

We are to con- Exchange The combined area of the estates of expand the demand is bound to in-grave, lev. C. B. Shann, Rev. tion to its size, Irving Trust Co., Basea Commer- the four companies is 6,600 acres, crease. There are only two soda-ash C. I. Blanchett, Rev. G. H. sider two main points: the con

Mrs.stitution of the Conference itself factories in Japan, one belonging to Hewitt, Lady Pollock, the Japan Soda Company, Ltd. and Duppuy, Mrs. Rogers, Miss and the Church of England Trust the other to the Asahi Glass Com Robinson, Miss R. Mow Fung, Ordinance with all the points that pany. The former hos a capacity of

in connection therewith. Cor-SODA-ASH INDUSTRY 12,000 tons but the high price of salt Mr. P. Jacks, Mr. W. L. Patten- arise

has compelled it to remain idle most den, Lt.Col. W. F. Christian, Before we come to consider these I

The latter produces D.S.O., Professor L. Forster, Mr. want to suggest a background In, of the tima. about 18,000 tons per year turning W. Jackson, Mr. R. Baldwin, Mr. the. light of which we should ap-'

class product which is Ashton Hill, Mr. L. B. Wood. out a high

proach these subjects. largely consumed in the manufacturo

The resolution: "That the new, TO BE ERECTED NEAR DAIREN of glass in the company's own fac

Vast Changes Taking Place in the tories.

constitution of the Church of World.-Vast changes are taking The new economic polley of the The materials consumed in the England Diocesan Conference as place in the world aroun 18. South Manchuria Railway Company manufacture of one ton of soda-ash circulated be adopted" was put Vast

are changes

taking is finding expression in the erection are: 1.8 tons salt, 1.35 tons limestone over after it had been proposed place in the Church; and if our of several important industrial plants. 016 ton of sulphate of ammonium: In addition to the shale-oil distillation 16 ton of coke: 7 ton of coal: 20 tons by Dean Swann and seconded by Church work out hare is. to be well plant, steel mill and nitrogen enter of fresh water and 80 tons of so the Rev. Mr. Shann after the new done it must be related to the ...£3,000,000 prises, the S.M.R is also launching water. The most important item is constitution had been considered general trend of things.

£4,000,000, this

this year, a soda-ash industry that is salt, and because of the high prices clause by clause and many sug-

rulings vs gestiona had been made. expected within a few years to free for this cond-h £3,000,000 Japan. from further dependence upon none of the

ventures outside sources for this commodity. to date been successful. It is estim-

Increasing Efficiency The basic material for the manufac- ated that the soda-ash, industry in ture of soda-ash is salt, whose high Japan can be made profitable provid cost of production in Japan has ad-ed salt costs not more than 40 sen versely affected the successful deve- per 100 kin, or Y.6.80 per to ence had not met since five years within a few years all has changed Conference of Bishops issued an lopment of soda manufacture in that March, 1924, the Financial and Econo- country.

mic Commission of Japan passed a go when it revised its Constitu- and to-day in Hong Kong you can appeal for unity to all The Kwangtung Leased Territory is resolution urging the Government to tion. The present meeting was exceptionally favoured for the produc-subsidize the soda-ash industry by the first to be held under the old actually hear (by means of wire people when last they met in 1920. tion of salt. The climate is fairly dry making up the difference between the constitution.

Jess) a human voice speaking In I cannot help feeling that at the with long

and plenty of above figure and, the market pries.

London quicker than the people Lambeth Conference of 1930 this He did not mean to suggest listening to him in the same hall. subject of reunion will be even more sunshine. In 1925, the area of the The government salt monopoly fear- salt fields within the Leased Territorying to create preferential treatment, that the passage of five years was about 15,200 acres, but it is pos- to one industry that might create a without a conference must be. And all round about us are myriads crucial for much has happened dur sible to create new flelds along the precedent for further subsidies, has ascribed to the nature of its exist of such unused energies. The very ing these intervening years. coast, of over 25,000 acres, producing failed to

this resolutioning constitution but he felt sure changes that

Self-Consciousness are taking place in

The Movement Towards Self- that improvements in the consti- the world constitute a glorious

Consciousness tution would have the effect of challenge to us as a Church.

in' the Younger increasing the efficiency and use Three Movements In the Church Churches-The emergence and the fulness of the Conference (said 'fe-In particular there are three vigour of the younger Churches of Dean Swann) and that if this movements in the Church's life the. Orient-this, I think, was a dominant feature in the World was wisely done, the Conference to which I wish to refer:- would in future meet regularly and make a valuable contribution to the work of the Church in the Діосеве.

HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Proprie-

turs

Agencies and Branches: ALOR STAR

KUALA LUMPUR

Kulen məş

be

KUCHING

MADRAS

BHANGHAI

A. C. UYNES,

Chief Manager.

Bong Gung, sib Expleuiber, 174,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

-(NGIBERLANUS TRADING SOCIETY)

BANKERS.

Fablabad 1991.

veg Kang :—11 Upens's Bond Central. Austurland Capital Qullare 154,000,000- (£1,100,000.) d-Lip Capital Olders 80,000,000- (28.264,070.)

Funduliday $0,000,000 Hem Kon~~(&MSTERDAM”). En Hoed Uflow:-BATAVIA. GRANCIES; —Bandjarmasin Bandow) Boan bay,

Calcutta, Chanlus, Jeddah, Leiber, Djokjakarta'). The Hero'). Hota-Radja, Matar, Medan, Fedsag Falambang. Rekalongan, Panan Potion, goo, Botterdam, Earsarog

Bibel bhanghal

Boersbas

(Bumatre), Singapors,

horskarta (Bo), Tegal, Tiliarjap and Wallstrede

These chose have unís deposit boɛe to ist. London Bankers National Provincial Bank Edd.

Correspondents all over the world

Blackleg beses of every

description and.

0. STEENSTRA,

Hong Kong. August, 1929,

Manager.

BANQUE DE L'INDO-CHINE,

HEAD OFFICE:

90, Boulevard Haussian, Paris. Subscribed Capital ..Frs. 72,000,000.00 Paid-Up Capital ....Fra. 68,400,000,00 Reserve Funds ....Frs.102,000,000.00

BRANCHES: Bangkok Hanoi Quinhon Battambang Hong Kong Saigon

Shanghai Cmothe Mengtze

Canton Nam-Din Singapore Dijbouti Noumea Tientsin Fort-Bayard Papeote Tourtne

Hulphong Peking Vinh

Hankow

Pnom-Penh Yunnanfu

Pondicherry BANKERS:

13ikiny Stalas)

AMRITSAR

BANGKOK HATAVIA

BOMBAY CALCUTTA CANTON САЖИРОДН CEBU

VOLOMNO DAIRES D

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DELHI

AIPHONG HAMBURG

HANKOW

AN

(N. Manchuria)

HÙNG RUNG

ILOILO

kron

KARACUJ

KLANG

KODE

KUALA KANGSAR

MANILA

MEDAN

NEW YORK

PENANG

PERIKO

PABUA WALL

BANGDON

SAIGON

BEMARANG

SEREMBAN

SILANGUA BINGAPORE

BOURABAYA

TAIPING

TAVOI TIENTSIN

TOKYO

TONGRAH [buket]

TRINGTAO

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(Philippine Islandaj

Perak (...) Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or short er periors at rates which will be quot ed on application.

A. H. FERGUSON,

Manager:

Hong Kong, 8th January, 1920.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Talpeb, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa. Bank-Notes issued

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

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe,

Osaka.

summers

from 600,000 to 800,000 tons of salt In 1925, the total output per annum.

of satt from the Territory was 276,000 tons, out of which 205,000 tons was exported to Japan and Korea.

The present demand for soda-ash in Japan is about 12,000 tons per an- num, of which only 20,000 tons are produced at home, the balance being imported (Importations of soda and son-ash in 1027 was 110,000 tons valued at Y.8,540,000. Most of this supply enme from England through Brunner, Mend & Company).

Taking advantage of lower costs of salt pro possibility of creating an industry that production in Kwangtung and the

Are

organize a new com.

or

act upon

In

Glorious Challenge

These Changes Constitute A Glorious Challenge. The Duke of Wellington moved his armies at

In making the proposal, Dean the same rate

Swann observed that the Confer- same means as Julius Caesar.

and by much the

The question of revising the Church of England Diocesan Con- ference in a new form arose on June 5, 1928, at a Clergy Confer- ence on Church extension and, during the summer, a sub-com- mittee of that Conference met three times to draw up sugges- tions for the consideration of the Bishop with regard to a possible re-constitution of the Church of England Diocesan Conference.

j.

have to do is to educate -own people."

their

But You remember that the Lambeth

Christian

(1) Firstly: The movement to Missionary Conference hold in warda unity as reflected in Jerusalem Inst Easter. The the Lausanne Conference on development of these younger Faith and Order in 1927. churches throughout the world is (2) Secondly: The movement quite a modern product and must towards self-consciousness in inevitably affect the relationship the younger Churches of the between the younger and the alder Orient as reflected in the churches: the younger churches as. Jerusalern Conference held auming more and more respon- last Holy Week.

albility as they grow in strength. (8) Thirdly:-The movement to. Already readjustments have been wards administrative reform made in this Diocese during the within our Church as re- past months, and all missionarles flected by the Enabling Act of the Church Missionary Society in this Diocese (with the exception of 1019. Each of these movements, it of those working in Educational The Bishop received the sug-seems to me, will have very far Institutions for which the Society gestions and he embodied them in reaching effects.

Today I shall is responsible to the Education De- the first draft of a new Constitu- only touch on each of these in the partment of the Hong Kong tion which he brought before a broadest possible outline.

Government} have been brought further Clergy Conference on

under the direction of the Diocesan Unity Oct. 2, 1928. As a result of sug- The Movement Toward Unity Board of Missions of the Synod of

in a few years will supply the amount (ať soda-ash now

the S.M., wo imported into Japan. pany capitalized at Y.5,000,000 to en- gago in this business. All the shares to be subscribed for by the S.M.R. and allotted to the public on application. It is understood that the S.M.R.

will guarantee 5

6% per cent. dividends on this capitalization for a period of ten years. The plant to be erected is to have an initial capacity of 50,000 tons, or sufficient at the outset to take care of half_the FORMOSA-Giran, Kagi, Karenko, present importations in Japan. Pre- Keelung Makong, Nanto, Shin-iminary studies and investigations chiku, Talchu, Tainan, Takao, for the establishment of the new in- Tamsui, Toen, Helto, Taito.

dustry have been carried on over CHINA-Shanghai, Hankow, Amoy, period of years, not only by the Rail-

Fonchow, Swatow, Canton, OTHERS-Hong Kong,

way authorities, but by the Kwantung Singapore, Socrabaya, Semarang, Batavia, Government and the foremost chemi The fact that salt could be produced

Relationship cal experts of Japan. The factory is

in Kwantung at the theoretical cost-

During the last few weeks the divided to be located within the Leased Ter-necessary to profitable soda-ash manu- ritory, either at Chinchou or near facture relieves the government of relationship of the revised Dioce vision, which as we believe, Dairen. The actual site has not yet making concessions at home and en-1san Conference to the Victoria Lord is setting before

couraged those interested in backing

Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS:

The London County Westminster and been decided upon.

Parr's Bank.

sion, Deposits in Yes can be accepted

the

Owen D. Young, New York banker.

more amendments were made.

L

gestions then put forward some Long ago our Master warned us the Chinese Church, seven of the that a house divided against itself members of which are Chinese and cannot stand. Unquestionably at alx are British. This growth of the present time we are a house the younger churches again brings At against ourself. The up the question of unity.

our present churches divide and Chris-

the

us at the tians In India, China and Japan The Outline of the Kwantung Gov. the plan to establish the new indus- Diocesan Association and China present time points the way to re have to face the question whether The Bank bee Correspondente in the Commersial crament," an official pamphlet issued try in Kwantung. The salt producing Missionary Association had come union: that way may not be short they will enjoy the narrower fellow- Ceatre in the Europeno Continent, Busais, Man in 1926, states that "salt can be pro- capacity of this territory is more than forward and considerable thought but we believe it will be sure. charts, Tainglas, Japan, Indo-Calcs, Elam, Indie, duced in the Leased Territory at such sufficient for all the soda-ash require on the subject, on the part of the the union which we seek must be a the wider fellowship of their nation; And ship of their particular church or IN FRANCE: Comptoir National Papa, Java, Africa, in urma low cost that the future of the soda-ments of Japan and even to compets Bishop and others, had resulted of d'Escompte de Paris; Credit Lyonnais: interest allowed on Current Accounts, and Zized agh Banque de Paris et des Pays-Bas; Deposits at rates which will be quoted on applica industry seems exceptionally pro-with Europe for other Far Eastern in the proposed constitution as it Christians and not simply a partial is fighting for Its very existence whole body of and this at a time when Christianity production cost of salt markets. By reason of mising. The Credit

its inclusion! Industricl Commercial;

et

K, NAGURA, in the Kwantung Province is estimat in the Kwantung Preferential Tarif was printed and circulated. Sucicte Generale.

Manager.ed

ed at about 15 sen per 100 pounds, List, soda ash produced in the Leas- Since the proposed constitution union. And in such a union we in these countries. Obviously the IN LONDON: The National Provin-11ONG KONG BRANCH:

whereas it is 14 times greater in

18 топя Archbishop cial & Union Bank of England, Ltd.; 3. Des Voeux Road Central. Japan proper." This would make the cd Territory enters Japan free of was printed, however, possible must not do violence to one another's thing Comptoir National d'Escompte de

Hong Kong, 19th January, 1929. cost per ton about Y.8.00. ke the duty, while imports from other coun- improvements upon it had been consolences. Somehow our Catholic Temple in an article he contributed Paris; Credit Lyonnais.

other hand, Mr. T. Imai, superinten- teren 5.80 per ton considered suggested to the Bishop and, by and Protestant Ideals must be re- on the Jerusalem Conference to

ference however, is not dent of the Kwantung Industrial Office sufficient if the foreign chemical com- his permission, these had been reconciled and Harmonised in a wider the "Church Overseas" last July in a report on the soda-ash industry hine attempts to maintain its domin produced and put into the hunds whole in the recognition that true states the case very clearly; will you nublished in the "Manchuria Daily ant position in the trade by damping of those present as amendments.der than any of our existing

Catholicism, true Christianity, is mark closely his words: News of June 1, 1027, gives the their product on the Japanese market. cost of production at 40 sen per 100 To forestall this

Five Principles kin (132 lbs.) or Y.6.80 per ton. dumping

this possibility

traditions. There are some words low being in Japan These figures are probably correct an as well as a

The principles which led them by Bishop Gore bearing higher another report on the Kwantung Salt

as the Kwantung industry to desire that the Church of Eng-written in "The Times in August, .$60,000,000.00 Industry published in March, 1028, reaches a point where it can supply, land Diocesan Conference be 1927, which will bear the closest 18,278,000.00 gives the cost of Yinchengtzu salt home demand of 100,000 tons. revised (Dean Swann continued) study. I would ask you to follow.

shipped from Port Arthur at Y.7.90 9,620,425.24

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

Current Ac-(Specially Authorised by Presidential Interest allowed on counts and Fixed Deposits according to arrangements.

I

THE BANK OF CHINA. 行銀國中

Mandate of the Republic of China

on the 22nd of November, 1917).

Paid-up Capital

Reserve Fund,

Manager.

HEAD OFFICE: PEKING.

Hong Kong, 28th Nov., 1028.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to let.

A. LECOT,

Authorized Capital

HONG KONG BRANCH:

4. Queen's Road Central

and Pulantien salt shipped through the same port, at Y.9.48.

as soon

ucica

an anti-

Pharma tariff 1

New Nitrogen Plant As noted in the article on the Anshan Tron and Steel Works, the For the last ten years the Kwan-S.M.R. will erect this year a new sul tung salt industry has been undergophate of ammonia and nitrogen plant Ing considerable hardship owing to the at Anshan, utilizing the waste gas for Branches and Sub-branches all over operation of the Sino-Japanese Agree fuel. Although the exact information THE YOKOHAMA SPECIE BANK, China and Correspondents in Europement signed in February, 1928, which is not available as to the size of the America, and other parts of the world. provides for the export of 210,000 plant and its output, the capital re London Bankers: The National tons of Tsingtau salt to Japan and nuired will be Y.15,000,000 on which Proviaciel and Union Bank of England, 100,000 tons to Korea in three years the 8.M.R. will guarantee the same ¡ time. The dumping of this Chineserate of dividend, to the shareholders The Guaranty Trust Company of salt on the Japanese market at prides ns in the soda-ash industry."For

considerably lower than the cost of Eastern Review," Capital (fully paid-up) Yen 100,000,000 New York.

New York Bankers: The Irving the Kwantung product, Reserve fund

Yen 102,600,000

National Bank.

practically suspended operations in the latter ter- The Equitable Trust Company of Head Office:-YOKOHAMA,

New York, Branches and Agencies ut: Alexandria

Batavia

LIMITED.

Established 1880. ́

Bombay Buenos Ayres

Calcutta

Canton

Changchan.

Dairen (Dalny)

Newehwang. New York

Osaku

Peking

Rangoon

Rio de Janeiro Saigon

San Francisco

Fengtian (Mukden) Seattle.

Hamburg

Hankow

Finrbin

Hong Kong, Honolulin

Kal Yuen Karach

Kobe

Semarang Shanghai Shimonosek! Singapore Scerabaya Sydney Tientsin

Tokyo Tainanfu Tsingtan Vladivostok

(Temporarily

closed) Internet allowed on Current Ac counts. Des

London

Los Angeles

Lyons

Manlia

Nagasaki Nagoya

Deposits received for fixed perioda

At rates to be obtained on application.

HWORL

Hong Kong 11th September, 1928,

Estd.

Interest allowed on Current Ac-| ----- counts and Fixed Deposits. Terma un application,

Every description of Banking Busi- ness transacted.

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONG KONG. 10. Des Voeux Road Central, Hong Kong.

THE BANK OF CANTON, LTD. | Bombay

B.A.T.'s GENEROSITY.

GIVES $50,000 FOR FAMINE- RELIEF

were:

(1) It seemed obviously good. that the Clergy and the Laity should meet regularly for co- operation in the work of the Church.

(2) With a view to widening the interest of Church people, it was good for representatives of different congregations to meet in conference.

(3) That it would be well to call together as many repre- sentatives of each Church, as possible.

(4) That the representatives of churches should be commis aloned to speak at the Confer- ence and to go back from the Conference to their churches with information and sugges tions for further efficiency.

A week ago, says the "Hankow Herald," Mr. Drake, manager of the $10,000,000 British-American Tobacco Co. (China), 5.000.000 | Lid, at Hankow, called at the Garr!- 1,500,000 on Commander's headquarters, and presented, on behalf of his company, a cheque for $50,000 to the North Hupeh Famine Relief Association. The Garrison Commander, General Hu Trang-tu, is the President of the Asing sociation. This money will be uned for relief purposes in the famine

trickon districts of the province.

Loans granted on approved secur- Itles..

Special facilities for Home Ex-Authorised Capital change.

SHOU J. CHEN Reserve

Paid-Up Capital .. Manager.

BRANCHES AND AGENCIES:- Batavia

Malbourne San Francisco Magical Seattle Calcutta New York Semarang Osaka Singapore Paris

Sourabaya Peking Sydney Penang Taipah Rangoon Tientsin Balgon Tokyo Shanghal

Established 1912,

Head Office Hong Kong.

| Cantón

Haiphong Honolulu Kobs Kowloon London

Authorised Chaplini (HL. Currency) ...#11,000,000 Palf Up Cayliai meneminem Karko

Buslow, Manila

BRANCHES :-

Pasco, Shanghai, Hankow, Bangkok, New Lock and· Hans Pengalam

LONDON BANKERS:

Tha Kisel's Bank Limited.

* CORRESPONDENTS

'In all · principal cities of Las World,

Forskjan mobangs, and -- banking: bundudas" of

· Bada Depoda Bazan: (virlang

SALOOR, PUONG-BEAN,

Hong Kong, 19th Februar

· Carraspondents in all princips) cities

of the "worldags

^ DISTILLED PRIPI_WATER:: for diluting drinks, peVIA

(5). If the conference was to be effective it must have both authority, and power,

Dean Swann concluded by giv

detalle of the difference between the proposed new consti tution and the existing one.

Finance and Power

The Roy, C. B. Bhann, In second-

A great-remedy for lang troubling the proposal, said that the

stops that britaiing;cough;));

45 cents per bottle, an

dormant state of the Conference was due to lack of power and that was an important key to

heartly sup

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Hong, Long, 21st March, 1927:

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"I am sure that all must re- cognise with great thankfulness that there was in the Lausanne Conference an effective movement there of the spirit of God directing towards unity.

4

""The problem of unity is desperately urgent. If we leave that problem alone, the Christians of India and of China will have to choose between international and Interdenominational unity; of the two I am convinced that in- ternational unity is the more im- portant. But It will be

choice for desperately hard them, and we must strain every nerve, and even ́ every principle, to find the way by which they may unite for the battle on their own fielde, without finding that they have thereby broken their connections with Christians sise- where. The problem is hard: but it must be solved. It will be solved of we are utterly delicated to the service of God In the fellowship of Christ's suf- ferings and in the power of His Resurrection."

The emergent ideal of the Con- ference was excellently described by Dr. Headlam: It is the ideal of a Church Universal united in (1) a common faith taught in Holy Scriptures, handed down and safeguarded in the Nicone and Apostles' Creads and confimed in the experience of the Church; un tad also in the (2) use of com- mon encraments and In ($).the'ac- ceptance of a common ministry

· Administrative Reform which must be

The Movement Towards Ad- universally recognised; agreeing, also that ministrative Reform within the that ministry must be an episcopal Church of England. Some of you ministry—a ministry based on may think these other movements episcopal ordination though it touch us only indirectly but. I am mist also recognise, side by side, persuaded that they will touch us with the Episcopate, the position more and more. This movement of the Presbyterate and of the towards administrative reform Congregation. No Anglican can touches us more immediately in the easily object to the provision that subjects which will come before us the acceptance of the Episcopate in this Conference. You will re- should not be understood to in member that the Convocations of voive more than that Episcopacy the Church of England are older fs of the esse of the Church; than Parliament, but you will re for

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