1932-04-04 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authocfood. Ospital in 198,800,000 lemad and Pully. Pald-up mormonerna. 10,906,908 Bessere Funds Įm

KUT

T

· 2 6,600,000 -

commomia $12,000.000

Housers Elabliliy of Propilators - $30,000,000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS-

a. Mr. J. J. Palazzoo.

Chairman

T. E. Fears, Kay.

Deputy Chairman,

Hon. Mr. W. H. Dell. I. . Plumma, Meg.

4.

Complos, Lag. T. H. A. Baw, Boy.

B. Mr. Q. 8. Mohla, J. P. Warren, Kag,

#. Mlakis, Keq.

AMOY

BANGKOK MATAVIA BOMBAY

CALOUTTA

CANTON

CHEFOO

COLOMBO

DAIBEN

FOOCHOW

HAIPHONG

HAMBURG

BANKOW

SABBIN

KONGIEW

ILOILO

LPOR

JORDAX

108

KOWLOON

V. M. Oybura, Esq.

Chief Manage.

BRANCHIS -

KUALA LUMPUR

LONDON

LYONS

MALACOA

MANILA

MUAR (Johor)

VGIDEN

NEW TORI

PEITING

PENANG

HANGOUN

SAIDON

BAN FRANGIBOO

BHANDHAI

SINGAPORE

SOURADYA

TIENTAIN

SUNGEI PATANI

TOKYO THING HAD

TOKOHAMA

Current Accounts opened in. Loval CurrenZT and Fixed Deposits received for one your a skorter perioda la Local Currency and diarling v berna wklok wil be quoted on applestion.

Hong Kong. 30th March, 1032.

HONG-KONG SAVINGS BANK.

The Deals of the above Tank, le conducted by the HONG KONG AND BIN MOITAS BANK. rko conronATION. Hưne may be obtained As oppilation.

FOR THE MONGEDNO AND SHANGHAI BANKING ÖQRPOBATION.

T. M. GRAYBURN,

Chief Masager.

Hong Kong, 7th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong. Asihorias Capital (H.K. Currency)

Fall by Capital

$11,000,000 1,100,000

BRANCHES :-

Canton, Shanghel, Bankow, Bwnlow, Bangkah, New Tork and San Francisco.

LONDON BANKERS —

The Lloyd's Deak, Idmited. CORRESPONDENTS

In all primodal citive of the World,

Farel Exchange and banking buses of

every celphion tracamoted.

Safe Deposit Boxes (various sieno) så i 296rly

casal af from 18 to $40.

LOOK POONG SHAN,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

THE CHINA MAIL.

THE, HO HONG BANK, LTD.

(Established 1017.)

HRAD OFFICE:-SINGAPORE Hong Kong Branch: 13, Queen's 'Bd. C.

Authorized Capital Straits $20,000,000 Ioaned Capital Paid-up Capital

Incorporated by Royal Charter, 1853. Reserve

Liabilities

of Starcholders Burplus

8,000,000

4,000,000

4,000,000 2,087,000

Branches, Agencies and Correspon dents in the principal cities of" she

£3,000,000 .£4,000,000 | world.

Every description of Banking and .$8,000,000 Exchange busiñas transacted.

TAN ENG HOOI,

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

prietora

Agencies and Branches:

ALOD STAB

AMRITSAR

IUCHINO

MADRAS

BANGKO

BATAVIA

BOMBAY

CAFOUTTA

CANTON СЛЯКРОВЕ CRBU COLORVO

MANILA

MEDAN

NEW YORK

PENANG

LANGCON

BATOON JEMARANG SEREMBAN

Manare

THE NATIONAL CITY BANK OF NEW YORK.

PEPINO (Paking!

HEAD OFFICE: 55, Wall Street, NEW YORK.

DAIREN DELII

HAIPHUNO

SELA NOUAI

HAMBURG

Capital. Surplus and

ДАНКОЙ

HONG TONA

HARMIN

ILOILO

пон

KARACHI

KLAND

КОВЕ

KUALA KANGSAS

HINGPORE

SITIAWAN SOURABAYA

TAIPING

TIENT IN

PHILIPPINE

ARGENTINE LONDON

TOKYO

TONGKAH (Bhuket)

BELGIUM

MEXICO

TЯINGTAO

BRAZIL

PANAMA

TOKOHAMA

CHILE

ZAMBOANOA

PERU

KUALA LUMPUR

CHINA

Foreign Exchange and Banking business transacted

General

COLOMBIA

T QUBA DOMINICAN

REPUBLIC

Current Accounts opened and Fix-

ad Deposits received for one year or | shorter periods at rates which will be

quoted on application.

J. STUART,

Manager. Hong Kong, August 17, 1981.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETIĮ

BANKERS.

Eatablished 1924,

Hong Kong Omew:-11, Queen's Road Central.

Authorised Expliə! Guildsen 180,000,000- Paid-up Capital Guilders 30,000,000. Bear Pusd. Culidora 40,010,000.

Heat Oos-AMSTERDAM". Eastern Head Off-BATAVIA. Besohen-Bandjaran. Bradong", Bombay,

Calcutta, Charbon, Djember, Djok jabat The Hague", Jiddah, Kobe, Makassar, Medan, Palembang, Poka longan, Penang. Rangoon, Hollerdam", Bemarang, bangbs, Ginspors, Boera- bain, Boerakarta (Solo), Tegal, Tillaljap and Weltevreden”.

• Thomsonces bare Bafe Deposit Dozen to Lai,

LONDON BANKERS:-

NATIONAL PROVINCIAL BANK LTD,

Correspondents all over the world, Banking Bal smen of every descripilna trouanstad.

A. STOKKINE,

Eleng Kong, in December, 1991,

THE

Manager.

Chief Manager. AMERICAN EXPRESS COMPANY.

U.S.$6,000,000 U.S.$1,572,454 .U.S.$1,908;209

ISLANDS

PORTO RICO STRAITS

VENEZUELA

and

Commerce

Finance

THE NEW DOMINION STATUS

Mr.

J. H. MORGAN ON GREAT BRITAIN'S POSITION.

on

Divergent Views.

MONDAY, APRIL 4, 1932. FOSTERING OF INDUSTRY

B.L.FOREFLECTS OUR ATTITUDE TOWARDS DIFFICULTIES.

Other Empire Activities.

In the conducting of a newspaper, through which we are passing, is it is not possible to control the sup-evidence of the determination of our ply of matter with which it is traders and manufacturers to face desirable to deal, and all too fre- the future with hope and enterprise.. quently many events occur in A The advance of the engineering single week which it would be a side of industry, in particular, is considerable convenience to be able however, not only a matter of the to spread over a longer period. creation of good selling organisa-

In the present issue, for instance, tions, much is required on the de- it is necessary to give some account sign and manufacturing sides, of the annual dinners of no less and it is with less satisfaction that

•

Mr. J. H. Morgan, Professor of in relation to any of his Majesty's than five bodies of one kind and an- we refer to the point raised by Mr. Constitutional Law in the Univer-Governments (that is to say, to other. In the present state of in- Alan Chorlton, at the dinner of sity of London, delivered at Uni-Dominion Governments) in any dustry, much was said at all these the Manchester Association of En- Undivided Profits U.S.$225,347,466.11 versity College, the first of three manner which that Government may functions bearing on the economic gineers.

Branches In-

Rhodes Lectures

situation, but three of them in parti- "The New | desire."

Necessity of Research. Dominion Status." Mr. J. W.

We have frequently in the past Mr. Morgan said if that postcript cular concerned.events, or led to ex« Downie, the High Commissioner for meant anything at all, it meant pressions of opinion bearing on the dealt with the necessity for research Southern Rhodesia, presided. that, having driven the British Gov- question of the fostering of in- and individual development if our

Morgan pointed out that ernment out by the door the Con- dustry.

engineering Arms are to remain in unity in the War was achieved with- {ference had readmitted it by the

the front line." Mechanical en- Government B.I.F. Dinner. gineering, in particular, appears to out the alightest surrender of the window, The truth of the matter

Of these three functions, the first be logging in the prosecution of re- of autonomy

the was that they could not reduce the place, in view of the presence of search, and it is to be hoped that SETTLEMENTS legislative ÚRUGUAY

Dominions. Decisions of the Im-British Government to Dominion

H.R.H. The Duke of York, must Mr. Chorlton's ventilation of the perial War Cabinet that necessitat- status. So long as conduct of for certainly be taken by the Govern-subject may help towards a more ed legislation were implemented by eign affairs remained in the hands ment Dinner at the Mansion House, enterprising attitude. statute or Order in Council by the of the British Government, so long held on February 22 th connection A third activity tending to the Dominion concerned.

would that Government remain an with the opening of the British Infostering of industry That transient constitutional ex-Imperial Government

and nothing dustries Fair..

dealt with by Mr. William Watson, at the periment had its lesson for all who less. were concerned with the success of

Of the portion of the Fair which dinner of the Association of Auc- the forthcoming Imperial Confer-

more directly concerns our renders, tioneers, on the same evening. we are glad to quote His Royal ence at Ottaws. If anything ap-

Scottish Development Council. Highness' phrase that the British Mr. Watson is Chairman of the Industries Fair is "a reflection of New Industries, Home and Overseas attitude towards Committee, and he explained the work being done by the Scottish Development Council in the compila- factories and shipyards in Scotland, tion of an inventory of redundant and the offering of them to home and overseas manufacturers their original cost. prices infinitesimal compared with

INDIA ITALY JAPAN

Commercial and Travellers' Letters of Credits, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounta and Savings Bank accounts opened and Fixed Deposits in local and for eign currencies taken at rates that may be ascertained on application to the Bank.

We are also able to offer our Cas-proaching fiscal unity within the temers the services of the Branches Empire was to be achieved it could of the International Banking Cor-only be achieved by the same course poration in Spain and also of The National City Bank of New York of action, constitutionally speaking, (France), S.A., in Paris and Nice. as was followed during the War.

Delegation of Powers. R. M. MCLAY,

Manager. Hong Kong, March 1, 1982.

(TAIWAN GINKO.}

HEAD OFFICE-Taipeh, Formoss.

Incorporated by Special Imperial

Charter, 1899.

ENGINEERING CONTRACTS.

Messrs. The English Electric

Company, Limited, Stafford, have the present difficulties."

our own British

omnibuses

respective, Legislatures.

What was "Dominion Status?" chassis.

Increased Size of Fair. The increase in the size of the In the stringent time

was

at

been awarded a number of con tracts for omnibus bodies, and also for trolley omnibuses. The Cor- The necessities of the "war" of porations of Preston, Hull, Wallasey, Fair, even tariffs to-day might make swift, Bournemouth, and Northampton collective action by all the com-have ordered double-deck omnibus

the Preston and Hulla number of orders for their patent THE BANK OF TAIWAN, LTD.munities of the Empire almost bodies, and

re-Corporations single-deck bodies in screw-type equally imperative. Fiscal

fan in the last few The Southend Corpora- weeks.

This activity should do much to ciprocity within the Empire might addition.

These include orders from assist an area which has been parti- ordered two double-deck Messrs. Serck Radiators, Limited, cularly badly affected by the alump involve the delegation of powers of tion has united executive action to all the and the Notts and Derby Traction Birmingham, for fans

for use

in in trade. Mr. Watson further point- Governments of the Empire by their Company ten single-deck trolley cooling transformer oil; from ed out that by acting in unison with

on A.E.C.

two-axle Meosre. Roan Antelope Copper Canada at the forthcoming" Imperial In the case of each order. Mines, Limited, for several fans Conference, much could be done to Bank-Notes Jawand Arong smount ..Yen. $1,000,000 In spite of the Statute of West- the bodies and electrical equipment for their mines in

BRANCHES AND AGENCIES: minster they might search in vain will be manufactured by the Eng Rhodesia; and from Mesars. J. and Britain and Canada into establish- Southern convert assembly plants in Great FORMOSA:-in, Asgi, Karunko, Eur. in its text for any legal definition; lish Electric Company,

E. Hall, Limited, Dartford, for menta for complete manufacture. Kakang. Santo, Bachiku, Taichu, Tainan and if they attempted to deduce

Messrs. "R. N." Diesel Engine Aertoto-type fans for the Leicester Tako, Tazal, Tom, Hao. Talto,

Canada Led the World. CHINA:-Gogha! Esakow, Foochow from certain sections of the Statute Company, 24, Harrison Street, Lon- Co-operative Dairies.

Swatow, Cantoo

Aeroto fans Canada led the world in securing OTTERS-g Kong. Blogspors,

the generalization that the Im-don, W.C.1, have recently received are also to be used in connec-new Boerabaya, Semarang, Bataviz, Dombey, Londos, vperial Parliament could no longer orders for their "R. N." coldtion with the ventilation

industries during 1981, legislate for any of the Dominions, starting high-speed Diesel engines Bank of England, of the Hollywood fifty new industries in that period. of the Toronto alone having established they would be quite wrong. Aus-from Canada, New Guinea, South Masonic Hall, Belfast, and of the It would be well to get into touch tralia, New Zealand, and Newfound- Africa, and Burma.

Masonic Peace Memorial Building, with, and consult, the Canadian In- Messrs. Aerote, Limited, Bush Great Queen Street, London W.C.2. dustrial Commissioners Engineer- Canada, while accepting the ap- House, London, W.C.2, have booked-Engineering.

ing. plication of the Statute, had obtain-|

Coutra! Beck in Formoss.

JAPAN:-Toyko, Yokohina, Kobe. Diaka,

York. Berin.

41307,

LONDON BANKERS:

Barclays Bank, d. Lloyds Duck, E., Midland Back, Ltd.. Westminster Dank, Lie.

Commercial Centre thughout the world.

The Bank has Correspondenti in all the principai land had "contracted out" of it and |

INC,

K. NAOCHA.

THE BANK OF CHINA. 行銀國中

Manager.

Head Office:-65, Broadway, New York.

HONG KONG BRANCH

2. Des Vœux Road Central. Hong Kong. Docomber 24, 1981.

Reorganised October 28, 1928, under

Capita!

special charter of The National Gov-

Surplus

ernment 24 23

Reserves

INTERNATIONAL EXCHANGE

BANK.

BRANCHES:-

Bubscribed Capital

$25,000,000.00

Pald-Up Capital

$24,710,200.00

Amsterdam Anivary

Gano

Nice

Alkan

Blanfor Bayan

..$8,820,503.82

Boals

Naples Piries Parla

Baella

Penang

D'arrila

Borba

Breda

Brussala

Koking Palerms Rotterdam Reme

Reserve Funda

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches in China and large connections in the Important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

Hamburg Дауга Interlaken Sarusalem Lido Landon Liverpool

carne Lugano Luxor Marvellime Consinakinopla Honte Carlo

Buance Airma

Cairo

Catbutle Садкая

Colombo

Copenhagen fil

Edinburgh Nucle

Montreuz Mita

Florist Depers

Blaminal Bhanghai Southampton Stoppors

Tientsio

Si, Morits

معدية

Venion Tokohama Kartch

Branches of American Express Com-

We also handio the lane of Bonda pany in Principal cities of United

and other Publie Funds of the Chin-

06 Government both at home and States of America and Canada. abroad.

SHOU J. CHEN,

All classes of Commercial Banking Manager. Transactions undertaken.

Hong Kong, 6th March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED,

Extablished 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund ........ Yen 117,300,000

Head Offee-YOKOHAMA.

Branches and Agencies at: Alexandria

Batavia Berlin

..

Bombay

Calcutta

Canton

Changebun

Nagaanki

Nagoya

Newchwang

New York Osaks

Pangtien (Mukdea) Rio de Janeiro

Personal investment accounta handled.

The Company offers to intending Travellers the use of its "Travellere Cheques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel Department.

E. W. DUGGAN,

Manager.

Just Received.

YVERT ET TELLIER

POSTAGE STAMP CATALOGUE

FOR

1932

At $6 Each.

GRACA & CO.,

Desiers in Postage Stamps. Religious

Goods, Pletorial Post Cards,

Toys, etc

No. 10, WYNDHAM STREET, P.O. Box No. 020 HONG KONG

Bring Your ́ ¿PRINTING.

. Problems to Un

THE NEWSPAPER ENTERPALES

LYD. ERIKA NAN. BLING, SA WYNNAM' ST.)

THE BANK OF EAST ASIA,

Paria

Dairen (Dalny)

Polping Rangoon

Hamburg

Haukow

San Francisco Seattle

Shimongreld!

Capital and Surplus Total Resourcae”,”

Harbin

Kong K-Yuen Karachi

•Toba)

London

Angeles

Mania

Singapore Boerabaya

Sydney

Teatsin

Tokyo Tsingtau

Interest allowed on Current Ac Deposits recalvéd for axed periods át sálas to be obtained on application.

HL MORINA.

Hour Kong, 11th March, 193X

Established 1916.

HEAD OFFICA:

10, Des Voeux Road, Central.

HONG TONG

LTD.

'over. His 8,000,000.00 over HL.$30,000,000.00 Every description of Banking and Exchange business transacted.

Current and Fixed Depoal Accounts in local and for eign ce rencies opened for ellentesque

Bavings Account and Safe Deposit Boxer Branches and Agencies all over the world,

KAN TONG PO,

led the insertion of a section ex- ressly exempting the Dominion from the power to repeal or amend a certain Imperial Statute known, colloquially, as the Canadian Con- stitution.

Divergence of Opinion. To only the Irish Free State and the Union of South Africa did the Act apply in its entirety, and if they read the debates in Dublin and Pretoria they would find an extra- ordinary diversity of opinion as to the repercussions of the Statute.

After examining some of the legal problems that had arisen by what he called the "attempt to put the constitutional law of the Em- pire Into the strait-jacket of a Statute," Mr. Morgan said he came to the paradox that the Imperial Westminster, as it was apologetical- Parliament-or the Parliament at

ly called in the Report of the Im- perial Conference-could never derogate from Its own supremacy,

It was an axiom of our constitu- tonial law that what one session of that Parliament could do another session of the same or a subsequaat! Parliament could undo. Some future Parliament of the United Kingdom could, if it were so mind- ed, repeal the Statute of West- minster.

The Resolutions. The change in the status of the Dominions was not to be found in that Statute but in the resolutions | of the Imperial Conferences of 1926 and 1980:-..

.."The Governor-General- of a Dominion shall be in all essential re- spécts in the same position In re- in andministration of public affairs in the Dominion as la held by his Majesty the King. In Great Britain, and he is not to be the representative or agent of H. M. Government In Great Britain or of any Department of that Gov ernment

The channel of communication

| between his Majesty and the Gove érnment of any Dominion is a mat- ter solely concerning – his- Majesty |and such Government "" =>

Mr Morgan asked h's audience to note the following postcript

Government in the United their willing

to continue

ALSO PACKED IN PACKETS OF .10

WILLS'S

GOLD FLAKE"

VIRGINIA CIGARETTES

·