SAHI BEER
LAGER-BEER
SPECIALLY WES
CXFDAT
COMPANY
ASAHI BEER
A Refreshing and
Invigorating Beverage.
The very brand for all
occasions.
MITSUI BUSSAN KAIBEA, LTD.
WERY
CARTER TO
-
KTETETASVE T
Library, Supreme Court
The
China Mail
No. 27,427
BÜISHED
1848
HONG KONG, TUESDAY, MARCH 4, 1930.
TO-DAY'S DOLLAR. The closing rate of the dollar on demand, to-day was 1/5 9/16.
Business
*PRICE $3,00 Per Month.
H.K. STEAMBOAT CO. STORMY MEETING IN LIBERAL LEADER NOT PRINCE OF WALES
AFFAIRS
BOARD OF DIRECTORS SEVERELY
CRITICISED
OPPOSING SHAREHOLDERS'
SCATHING COMMENTS
U.S. SENATE
TO RESIGN
WARNING AGAINST "POVERTY, PARTY TO FIGHT THE COAL
DISASTER & REBELLION”
BILL TO A FINISH
SHADOW CABINET MEETS
"PLAYING POLITICS"
Washington, Yesterday.
་་་
PROGRESSING
NOT NECESSARY TO LEAVE THE COUNTRY
NO NEED FOR ANXIETY
Nairobi, Yesterday.
There Are Spectacles and Spectacles................ but What A Difference in Quality...........
and there are opticians and opticians, but in Hong Kong, only one European optician who measures up to the highest qualifications. Optical men in every corner of the world r cognise his certificates and the modern equipment used.
LAZARUS The Optician. Phone Mr. Cooper G. 2208 for appoint.
ment
Ralph A. Cooper, F.LO. (Engl), Registered Optometrist (Canada).
ST. STEPHEN'S COLLEGE
ANNUAL DISTRIBUTION OF PRIZES
ENCOURAGING OUTLOOK
The first Speech Day of St.
INDIA AND IMPERIAL PREFERENCE
THE POLICY OF BOYCOTTING BRITISH GOODS
Bombay mill interests have pleaded that the cotton Industry should not be killed for the sake of a political formula.
It was pointed out that the measure
STRIKERS HOLD OUT
London, Yesterday.
New Delhi, Yesterday. In the course of a discussion in the Mr. Lloyd George to-day emphatically It is learned that the Prince of Wales | Stephen's College in the new build- A meeting of the opposition parties Senato on unemployment, a Senator denied his intention of resigning the in progressing nicely, and it is hoped ing at Stanley took place at noon lengthily discussed the line of attack on accused the Hoover administration of Liberal leadership, and said he had re- that he will be able to get up possibly to-day. The Bishop of Victoria the budget in the Assembly on March d.
It is understood that a seriousťdikiaw, SYSTEM {"playing politles" with unemployment, ceived the resignation of the Chief to-morrow. Competent medical opinion attended, and among others presentence of opinion prevailed. The Na- ̈ FARMING OUT SYSTEM and warned the House that "poverty, Whip, Sir Robert Hutchison, as a pro-hers declares that there is no founda- were the Hou. Dr. and Mrs. S.-W. tionalists strongly object to any com- disaster and rebellion would result test against the action of the Liberals tion for the anxiety apparently felt in Ts'o, Messrs. E. Ralphs, Kwok Siu-mitment to Imperial Preference which unless the President and Congress co-who had not followed Mr. Lloyd George some circles in London. It is pointed lau, Mok Kon-sang, T. N. Chau. ie contrary to the Congress policy of joperated to solve the problem.
on the Coal Bill divlalon. Mr. Lloyd fout that if the case is treated promptly, Senator La Folettt (Wisconsin) de-George hopes to secure the withdrawal as the Prince of Wales has been, the and Li Hei-wing.
boycotting British goods. They hold clared that the scares, over the Com- of his resignation.
attack passes off quickly and the pa-
Bishop's Speech
that the cotton duty should be raised Įmunist demonstrations were attempts
Appeal For Unity
tlant soon completely recovers and runs In addressing the pupils, the uniformally by 20 per cent. of the Government to divert attention A meeting of the Liberal shadow no risk in remaining in the country. Bishop of Victoria sald:-
Cabinet in the House of Commons, In regard to the use of an aeroplane At the meeting of the Hong Kong, Canton and Macao Steam-from the real issue of unemployment.
Mr. Martin, Members of the Staff A number of speakers challenged the under the chairmanship of Mr. Lloyd on the Prince's Safari, it la emphasised
and Boys:- beat Company, Limited, held this morning, Sir Robert Ho-tung made accuracy of the Government statistics George, at which sutl-Lloyd Georgites that this method is never used for the
On this the first Speech Day in the situation. Reuter's American Ser-further appeal for unity), which would hunt, for which aeroplanes are unauit-
be made at a meeting of the Liberal, able, owing to the noise of the engines gratulate you on your new home. a permanent commitment to the polley Parliamentary Party on March 4, were scaring the animals. The seroplane is Sir Murchison Fletcher & Stanley of Imperial Preference. disregarded, whips would no longer be merely used quickly to convey the-news My mind goes back to eight years
Position In Britain sent to those falling to keep in line with, received at Nairobi that an elephant ago-to October 3, 1922-when with
London, Yesterday. the Parliamentary Party's decisions. has been seen near Voi to the Prince's the present Governor of Fiji, Sir President of the Federation of Master A deputation led by Mr. Holroyd, Sir Robert Hutchison reed to hold hunter at Kiu, and for transporting the Murchison Fletcher, who was then Cotten Spinners' Associations, waited over his resignation pending the meet-hunter to Vol-Reuter,
Acting Colonial Secretary, your on the President of the Board of Trade, ing on March 4 and also decided to re-
Rugby, Yesterday. commend the meeting to fight the Coal
College Council first inspected this and discussed for over two hours the An official bulletin issued at Nairobi site. We were thinking of the days position caused by the proposed Indian Bill to a finish.-Reuter.
at noon to-day states that the condition to come and of all the sites we in- cotton duties. of the Prince of Wales continues to spected this was the one 'Sir Mur-issued by the Board of Trade.
No statement Improve. No coraplications have ehlson felt was most desirable. curred and his complete recovery is ex-
organizations presented included the Manchester Chamber of Commerce. pected at an early date-British Wire- The Rev. W. H.Hewitt's Dream lesa Service.
Then, I think of more than one
Railway Strike visit to this place in the company of In spite of the settlement effected by
Bombay, Yesterday. your late Warden, the Rev. W. Htheir negotiators on March 1 the Hewitt; and I can recall most vivid-atrikers of the Great India Peninsular
an eloquent appeal to shareholdere present to vote with him for purporting to show an improvement in were not present, decided that if a factual spotting of game during the the new buildings I want to con- was only temporary and did not imply
the abolition of the "farming out" of the Chinese side of the busi-vice. ness to a syndicate. This farmer, it was said, was getting too powerful and it was feared that he would in time become an impreg- nable opposition to the Company's interests.
"DECEIVING PICTURE”
Many scathing remarks were made by some of the sharehold- ers present. Mr. M. K. Lo said that the Chairman, Mr. C. Gordon Mackie, had painted a picture of the "farmer" that was entirely de- ceiving. According to the way the Chairman had described the "farmer" one would be inclined to believe if there ever were an angel fallen from heaven, the "farmer" was the man, Mr. Lo added.
Referring to losses sustained by the Company before the inaugura tion of the "farming out" system, Mr. Lo alleged that without fear of committing a libel, it was all due to lack of supervision and bad management. Half of the profits made then were, he further alleg ed, systematically ""'robbed" through this bad management, and It was not due to the resourceful ness of the "farmer" in question that the Company had retrieved Ita position.
of the Company at the yearly re- | munération of $1,000.
The Second Meeting
At the instance of Sir Robert
solution:
(a) That the policy of the re-
to the Canton Steamers Wharf at Ho Tung and others an extra- Hong Kong account for the sum ofed to discuss the following re- ordinary general meeting was call- $15,000 added to Wharves and Moorings, Investments in sharca in public companies stand at $835.60 as against $891,481 in the previous balance sheet, but the difference is merely due to the omission from this year's balance sheet of securities held in trust for the Office Staff Provident Fund, which I have already referred to, and there la actually an appreciation in value of the Company's investments as at December 31, 1929 amounting to (b) $13,183.50.
Credit Balance at Bank
It is satisfactory to note an fm-
provement in the cash position, the credit balance with the Bank at the end of the year being $13,009.40 as againat an overdraft on December 31, 1928, of $59,59081.
Trade on the Company's routes | during the year has been steady and Sir Robert Ho Tung's proposal a practically uninterrputed service for the abolition of the "farming to and from Canton and Macau has out system" votes to 22.
For first six
newal of the farming-out of the Chinese freight and pass- age business of the Company's steamers to the same farmer, In view of the fact that the farmer is himself a competi- tor of the Company's bust- ness, is prejudicial to the in- terest of the Company; and That accordingly the directors. be and
are hereby notified that it is the wishes of the shareholders of this Company that the directors should 'abandon the said policy and ahould adopt a new policy of either giving preference, A8 far as possible, to a non-com- petitive tenderer for the farm- ing contract, or run its steam- ers on its own account.
A spirited speech against the resolution, was delivered been maintained. was carried by 24 months of the year results compared Chairman, who was
favourably with previous normal Sir Robert Ho Tung.
Mr. Man Pau seconded the re- years, but since July the political situation in the Provinces of Kwang- solution. tang and Kwangai and the resulting Mr. T. H. R. Shaw explained trade depression have led to tonnage the position of the China Naviga- trading on the West River being tion Company. diverted to Canton, resulting in Mr. Paul Lauder also opposed
The matter in connection with the Ordinary Yearly Meeting was proceeded with, and addressing, the shareholders the Chairman Chairman's Speech
Bald:--
The Chairman, Mr. G. Gordon lower rates both for cargo and pas- the resolution Mackie, in his opening speech, sengers. Bald:-
Gentlemen The report and statement of accounts for the year ended December 31 1929, have been in your hands for the prescribed period and with your permission I will follow the usual procedure and 'take them as read,
25%
FOG AND RAIN
To-day's weather report from the Royal Observatory states: An anti-cyclone central over N. China, The northern depression has passed to the east of Tokyo.
The southern depression is moving E.S.E. toward Hainan. Forecast:-E. winds; moder- ate; generally overcast, with fog; rain later.
Rainfall &
Rainfall since January 9.65 inches, against an avera- age of 3.35 inches. To
Température and Humidity
The temperature and humidi- ty at certain specified centres this morning at 6 o'clock
were:
Hong Kong Macao
€8
Temp. Humid.
99
70
98.
by the followed by
Prataa Island. Manila Amoy
72
91
70
83
94
Swatow
61
04
Chefoo Shanghal
94
60
39
90
BRITAIN & EGYPT Treaty to Be Negotiated in London
MANDATE ASKED
I am pleased to say, how ever, that indications at present point to a reduction in competitive tommage in the near future, if the Directors' policy as regards farming Hon. Mr. J. P. Braga Supporte out the Chinese freight and pas- senger business is continued.
With these remarks I have now
to propose that the report and
Resolution
The Hon, Mr. J. P. Braga,
in
Earlier News
Nairobi, Yesterday, While attacks of subtertian malaria
was The
usually pass off after forty-eight his hopes for this place when as Railway have disinclined to call off the hours, in which the patient suffers a yet it was only a barren waste. He strike. They challenge the competence high temperatore and a great dent of saw not only blocks of buildings of the All-India Railwayman's Federa- discomfort, the Prince of Wales is like those we already possess, butĮtion to be their spokesman.-Reuter. bound to feel rather weak and run down laboratories, workshops, & gym-
Earlier Cable after his illness.
nasium, and, surmounting all, a
Osaka, Yesterday. The question is now being eagerly chapel. Mr. Hewitt dreamed big A joint statement to the Press, by debated here whether medical advisers dreams about your school and I for the Cotton Spinners Association may not urge the Prince to change his one am confident his dreams will and Cotton Exporters' and Dealers' presont plans for a return journey to come true-and I hope very quickly Associations, regarding the Indian Europe. This would entail a long and exhausting journey through Uganda, Lake Albert, the Nile Valley and so to Caire-Router.
Nairobi, Yesterday.
come true.
Sir Crell Clementf
cotton duty, says there is no objec-
tion to the revenue tariff, but the
Then, I can remember on May 7 Proposed increzae provides for the last, just before you moved into exemption of British goods, which the condition of the Prince of Wales here with our late Governor, Bir
A bulletin issued at noon says that these new buildings, paying a visit will constitute the largest portion of imported goods, and establishes continues to improve. No complications
an effective anti-Japanese barrier, have occurred, and a complete recovery Cecil Clementi: And as we stood because the new tariff imposes is expected at an early date.-Reuter. together he told me what a firm be-
liever he was in the public school but against the Japanese twenty per fifteen per cent. on British goods SEVERN SCHEME system, and what a great future, he
believed, a school like St. Stephen'sent, or a specific duty which, con- had before it. He spoke to me of verted ad valorem, will amount to more than twenty per cent, in some his personal interest in this school.
canes ла much 经营 thirty-eight. The Move To Stanley
Therefore, it is highly discrimina- Nine months ago the Hon. Dr. tory, making fair competition out Rugby, Yesterday. Ts'o, Mr. Lei Hol-tung and I, as of the question.
Proposals to Build a River Barrage
.
Mr. Herbert Stanley Morrison, members of the College Council, It expresses the gravest concern Miniater of Transport, made a state-were with you for your first work legt the new tariff will kill the ment in the House of Commons re-ing day in these new premlece. Igrowing Indo-Japanese trade, both garding the proposals for a bar- remember I referred then to the in exports and imports. It is rage of the River Servern. Ia splendid way the Acting-Warden, seriously doubted if the proposal re-
said that the preliminary investiga- Mr. F. A. Britton, and the stair had flects the wishes of the Indian tions had been concluded and in effected the move across to Stanley people, because the new duty aims July last a sub-committee reported and I recalled the great help Sir at protection of Lancashire at the they were satisfied regarding the Henry Pollock, as Chairman of the expense of the Indian masses. It Rugby, Yesterday, practicability of constructing the Building Committee, had given is feared if this precedent of pre- Questioned regarding the forthcom- | barrage. The Government, how-This was a purely private occasion. Terential tariff be established in ing negotiations for a British and ever, had to be satisfied that there I think, on this the first Speech Day India, sooner or later it will be ex- Egyptian treaty, the Foreign Secretary was a prima facle case for going a in the new buildings, It would be tended to other goods besides cot- headed by the Egyptian Prime Minis
Net profit for the year under re- statement of accounts, as presented addressing the meeting in support said: "The Egyptian delegation will be step further, and arrangements were only fitting that we should put on ton.
account.
of the resolution, said:
Cotton traders point out that if
view, after deducting cost of repairabe adopted, that a dividend of $1.50 to steamers and wharves, deprecia-
A careful perusal of Sir Robert ter and will, it is understood, include being made for the preparation record our more formal thanks; and
the Ministers for Foreign Affairs and of the scheme with estimates of the I should like to express our in-praferential treatment is necesarry, tion, interest on overdraft and Dir. Per cent. share, and a bonus to Ho Tung's circular letter of ectors and auditors' fees amounts office staff of $4,175, be paid, and February, 20 reveals the outstand Public Works. They are due to arrive capital cost involved and the amount debtedness to all who have made this then Japanese goods should be most
that the sum of $19,123.10 be
in London during the week beginning of electricty which might be expect-move to Stanley possible:
favourably considered, because they to $106,797.27, to which has to be
next year's ing fact that "personal feelings" March 24-British Wireless Service.
ed to be generated.
To the Hon. Sir Henry Pollock contain more than twenty-five per added the balance brought forward carried forward to
do not enter into the discussion
It was estimated that this stage and the Building Committee for all cent. of Empire material?" in the from last account, viz.; $36,500.83,
would be concluded in about two their work-no one in this Colony form of raw cotton from India. When this resolution has been of the question under considera-
years. The Government was not has behind him a longer record of The matter is attracting wide- Woo Hay-tong, nor, I feel perfect- of my ability to any
ed the proposition as of 'very great Pollock. questions shareholders may wish toy certain, are "personal feelings" responsible for keeping apart the
Importance.-British Wireless Ser- two groups of differing Directors.
vice. We meet therefore. In an atmos
making the total sum available for seconded I shall be pleased to reply/tion between himself and Mr. « RED " PERSECUTION |committed in any way but regard good works than has Sir Henry spread attention, because the Indian
appropriation $148,298.10. -
Your Directors have pleasure in to the best
ask.
Election of Directors
recommending payment of dividend of $1.50 per ehare, absorbing $120,000, payment of a bonus to office Staff amounting, to The report and accounts were phere unvitiated by rancour or $4,175 and that the balance of then seconded by Mr. N. V. A personal animus, Where neither $19,128.10 be carried forward to a
Foreign Secretary to Make a Report
proposal has caused a slump in To the Hon. Dr. Tso, one of the stocks in other markets-Reuter. original founders of this school, for his long years of interest in St. Rugby, Yesterday, SHIPPING MISHAP Stephen's, and to all other members
He comes among Replying to questions in the House
of the College Council.
Joins the Staff. Croucher, and before proceeding passion nor caprice animates the of Commons regarding the Soviet Gov. Japanese Warship to the
To Mr. Lei Hoi-tang and the 'Old us not only with the traditions of new account.
with other business, Mr. M. K. spirit of either party, to-day's dis-ernment's treatment of religion, Mr.
Boys' Committee for all they have one of our great English public Your fleet and property have been Lo said that he had an amend cassion can be conducted entire Henderson, Foreign Secretary, said he
Rescue
done.
schools, but also as a Fellow of maintained in first class condition.. ment to propene in regard to the ly on the merits of the question was prepared to lay a white paper con
Το all generous benefactors Trinity College, Cambridge. I em Sul Tai Fire
election of certain directors to the in dispute.
taining a translation of the Soviet de-
Further news la to hand regard-through whose liberality this move sure Mr. Gaunt's help will mean Turning to the Balance Sheet, Board. He would frst like to
claration of April 8 last, regarding re
ing the Japanese steamer s.8. Paling has been made possible.
much to us during these opening under Liabilities you will observe know whether the communication 1 am not blind to the fact that Ugious associations. that insurance and Underwriting received
The British Ambassador's report had Maru, which struck a rock daring To Mr. Britton, the then Acting-days at Stanley when you are help by his firm from the the unfortunate difference that Account shows a not reduction of Hon. Mr. W. E. L. Shenton still has arisen is ons of vital interest reached him only to-day, and be had not the dense fog on Friday last as Warden, and the Staff for all their ing to build up new traditions for $17,980,17, due to debiting this ac held good.
to shareholders. I feel confident yet had time to consider it. He was already reported in the China Mail Indefatigable work in connection your own home.
Nine Months at Stanley' count with a proportion of the loss
that Sir Robert Ho Tung and his prepared to consider making some state. She was stranded on the Bouth with the move to Stanley; and per- He then criticised the procedure
You have been here nine months. austained through the fire on the that appointments of these s Chinese associates, until recently ment to the House on the matter a coast of Namon Island, east of haps in Mr. Britton's absence I Sul. Tal in August, 1928, the bulk holders should be confirmed. Mr resorted to a tribunal of share andos, obtained his information; Mr. Kaki, the Chine Mail now learns technical experience to bear on many generally, but I am assured that the ought aspecially to mention Mr. From a health point of view the year on the Board of Directors, have a source the Amber Swatow
“Asked from what source the Ambas A Japanese destroyer H.IH | Asche as he brought valuable has been a trying one for the Colony, Lo said that should not be neces-holders for a decision as a last Handerson said he did not want to be was despatched to the rescue. The points and in saying this I do not move here has resulted in improved resort and after they had exhaust misunderstood. The declaration which Chinese suthorities at Swatów also forget the splendid services of other health all round for both scholars - Mr. M. Fernandes secondeded all means for a settlement. he had mentioned was a public docu-arranged with the Chinese Troops members of the Staff.
The amendment, was carried by rndeed, in the considered statement Retish Wireless Service.
and staff at St. Stephen's. You have 28 votes to 23.
to give any possible aid to the ill-To Mr. and Mrs. Martin, whom about you the ses, the hills, the open kut
fated vessel we are redofced to have back among spaces, your splendid playing felda, The Bungahan Maru, of the same us to-day. We all know how com- your airy building and all these lino, it is reported, was going to the pletely they both have identified things make for health and fitness.
reached the pet is not yet lego and I will only say that if I hope that Stanley will become had not been for the energy and spot beloved by auccessive gener massage received on determination of Mr. Martin it is tions of students; loved for the the Paling Maru doubtful if we should have been here games that they have played here, vage work could not to day.
of which was, however, recovered
from underwriters. Under Pension
sary.
5740% Other Business
ment submitted by Mr. M. K. Lo
at mosting of the Board on
and Provident Funds you will have noticed that the Office Staff Pro vident Fund has this year been omitted from the balance sheet, which has been done at the sugges - tion at your auditors, who advise Other business was then pro- November 19 last, he made it clear
that as this Fund is held by the conded with Proposed by Mr on behalf of himself, Sir Robert A Chinese woman Company under deed of trust for Shaw, and seconded by Mr. Danby, Ho Tang and Mr Tserong, both employed. At a shop in Lescue if necessary but whether themselves with St. Stephen's Col Stanley In Days To Come the staff it is preferable, fiat it| Mesari. M. Alves and BE that "any difference amongst them chikok Road, appeared should be kept distinct from the Coton re-elected to the Board should be referred
Company's accounts 01
alne of the Fleet
Heet
mandate
DUMPING RUBBISH .⠀
502man,
fore: Mr.
8. Why
Hall the carro had
Bird
then
chitect
the beating, the bathing; loved, cause of the lessons lewent
hool of Nature-God's great of-doorfn the piesan which your fat is cast; love here the triches of Hfe unfolded to You
been
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