1912-04-01 — Page 2

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:

Library, Supreme

BANDOM REFLECTONS.

Today is the first of April. So beware.

་

The weather conditions of the past week have provided not a few surprises. The many colds that are being doctored at

storma

Cour

COMPANY MEETING.

GREEN ISLAND CEMENT COMPANY.

Unusual interest was manifested in the

THE REPUBLIC OF CHINA.

THE NEW CABINET. The Nanking correspondent of the N.C. Daily News telegraphed on March 28th- The question of the Cabinet's composition has been under discussion since the arrival of Tang Shao-yi. The list drawn up by the Premier and the Provisional Govern-

for approval.

certainly remarkable for the mouth of extremely decorous, and no discussion To put against the rise of these establish- dead and doubtful assots as far as could agreed to the list sent to Peking.

March. They were more like mid-summer showers. However, they served a useful purpose in clearing the drains and gutters.

took place.

Mr. C. A. Tomes presided, and there

This

THE HONGKONG DAILY PRESS, MONDAY, APRIL 1st, 1912. financial and qualitative trials, inexpert-time before & typhoon, whether from over- ence, and mismanagement, find that zeal or carslessness I can't say, and was making cement successfully is not at all blown ashore and broken up. Another like lying on a bed of roses. There are team lighter while at Deep Water Bay probably more factories in the East than had a accident to her boiler through carelessness which nearly coat the crew the average man realizes, for besides the their lives. A second hand boiler will be numerous Japanese establishments, required for hor, but she is laid up for the

It is expected that the present tells its own tale of those who 23rd ordmary general meeting of the share including Manchuria, we have those moment, the accident occurring this year, mont has been submitted to Yuan Shih-kai were not careful or who were unfortunate, holders in the above company held at the at Tongshan (Tientam), in Hupeb on the and the experiment is being tried of doing names of members of the now Cabinet will and the wise are slow to make radical offices of the General Managers on Satur-Yangtze, at Haiphong, at Kuala Lumpur the shipping from Deep Water Bay by be sent to the Assembly for approval on and a new one at Padang in Sumatra, and engaging boats as required. A full and Thursday. It is not anticipated that changes in their clothing. The rain-day. There was a large attendance of

there may some day be one at Manila, complete list of what might be considered there will be much discussion as it is on Sunday and Tuesday were shareholders, but the proceedings were

understood that the leaders have already ments we have the undoubtedly over be known was made up some months ago list contains several members of the pre- increasing call for cement. And if this and this totalled a sum of $140,000. In-sent Provisional Government, but secrecy increase continues in years of stagnation cluded in this is the cost of property at

is being maintained on the subject as it ik deemed desirable that the names should were present, Hon. Sir Paul Chuter, Hon.

and troubled trade such na we have Canton $51,905.05. After due considera only be made public when finally agreed Mr. C. H. Ross, Dr. J. W. Noble (Con-experienced lately what slay it be when tion and with the approval of the Coupon. sulting Committee), Hon, Mr. H. E.

Ching, settles to a steady course and the sulting Committee the General Managers Pollock, K.C., Hon. Mr. E. Osborne, inevitable railway building come into full recommend that of this total of $140,000 Bishop Banister, Captain Watson, Capt.. Wakefield, Meesre, W. E. Van Epps, ring. (Hear, hear.) It is not the time there be written off this year $85,000 leav- to talk of further expansion at the moment ing 855,000, partly of substantial and A. A. Cordeiro, A. H. M. da Silva, P.

and our supplies of stone and wood are partly of only possible value, to be dealt Loureiro, O. L Arculli, J. Gould, K. Scott, J. W. Kew, A. J. D. Eca, Poon I. auxions factors but we must keep an eye with bereafter. The 285,000 is applied as

ahead if we mean to hold our proportion follows: Cho, G. J. B. Sayer, U. C. Guluzzi, R. M.

of the trade. Our site in Hongkong gives In reduction of cost of the Smith, C. Klinck, R. Henderson, A.

Canton property unrivalled shipping advantages, but wo Kerating, H. J. Gedge, D. K. Moss, J.. Manners H. I. B. Hancock, W. G. are not inside the fiscal or economic In reduction of the valuation of the concrete block plant at Hok Un (standing in the Worcester, R. C. Edwards, J. Scott boundaries of Chins, and should she ever

books at $23,540.89 and which : Harston, Fung Shui Wa, Chen Yat Shun, erect a high tariff wall we should have to

cost originally over $30,000)... Figueriedo, L. E. Gutteres, consider what steps we could take to with-

stand ant prejudice on this account. The In reduction of valuation of the Century Stone plant at Shanghai (standing in the cement industry the world over is far from

hooks at $0,702.09) being an even and steady going business. It has had great vicissitudes in England and after the depressing times in that To writing off cost of West River Dam, still utilized, but country of two or three years ago the

of no negotiable value shares in the largest organization there

The Bandmann Opera Company is with us again, with the result that we have no time to think over ouaillictions and mourn that we are exiles far from Home. A few more pleasures have been intro duced into our lives and not many have been to a performance of the Company without feeling brighter for it.

I learn that the proceeds of the six performances of "The Gondoliers" given by the A.D.C. amounted to a little over $4,000. The Matheson Lang combination took as much, more in fact, in two nights. || BL. A. It is a very disappointing result. Probably C. A. da Buss, E. E. Ellis, A. S. Ellis, no opera has ever been better given by the A. M. Eca, G. J. Bunje, J. W. Bolles, ADC and a larger patronage Was

G. Hogg, A. H.-Harris, P. N. M. da certainly deserved. There is some pros. Silva, V. F. Soares, T. Ramsey, F. B. L. pect of the A.D.C. being able to dispose Bowley, Dr. Sanders, S. H. Michael, O, J. of the stage properties and costumes to Ellis, 8. Michael, W. J. Carroll, ́E. D.

sult of the negotiations depends the ques: tion whether the A.D.C. has suffered a loss or made a small profit on the pro- duction

}

engine confiscated at Pa Yun And in reduction of claim of

King, for which there is part $23,519.89 against Trang

security

the Singapore A.D.C.. and upon the re Haskell, H. B. Bridger, G. E. Moxon, have risen to ten times their previous And cost of small railway and

G. L. Wilson, F. Maitland, T. W. Robert-lowest quotation, a fluctuation beyond son, A. H. Milroy, H. Perey Smith, H. Seth, A. H. Ough, C. Browne, J. M. C. anything we have ever seen. In America in the past twelve months, the largest Basto, D. Gow, H. C. R. Hancock, E, M. Company, and the largest single Company Raymond, A. A. Alvez, J. A. Young, in the world, fell upon evil times and had W. E. Clarke, A. Ritchie, R. Baker, A. S. Perry, Tong Lai Chuen, T. Brayfield, R. to be reorganized from the bottom, com- Packham, Chen Ko, Un Chow Fong, Ma petition became unparallelled and prices

The mention of the A.D.C. performance reminds me that Miss Hilda Gordon and her mother are leaving the Colony in May. Mrs. Gordon contemplates settling

$20,000.00

13,000.00

5,000.00

14,149.29

97,187.98

5.082.73

$85,000.00

The writing off of the above amicunt from Canton Land account is of course

DR. SUN'S MOVEMENTS. Upon the appointment of the Cabinet Sun Yat-sen and the Provisional Govern tent will hand over their duties to Tang Shao yi and the new Ministry, which will then assemble in Peking as speedily as possible.

Sun Yat-sen proposes to leave for Shanghai at the end of the week and from thence he goes to Canton to use his per- Ronal influence in tranquilizing the pro- vince. There is no truth in the story that he will visit the Courts of Europe to an- nounce the establishment of the Republic. Tang Shao-y hopes to be able to go to the north vid Hankow so as to take the opportunity of conferring with General Li Yuan-bang at Wuchang

THE TUTORE CAPITAL.

INTIMATIONS JOHNSTONE'S

M.P.

WHISKY.

Meanwhile the question of the seat of Our argument is there is nothing

the Provisional Government, will remain While to be settled by the Assembly. many members have agreed to transfer he seat to Feking there are some who oppose it and it is understood that some more influential military officers are yet anpersuaded of the expedicney of the step.

General Huang Shen is declining the ap- pointment to the Ministry of War, but his officers are pressing him to accept.

THE ARMY DANGER.

The question of disbundinent of troops is necessarily postponed until funds ace available. The Government has at pre-

permanently in England and it has occur Chun, Chan Sue On, Lau Yau Fau, Ho cut so low that the highest grade cement without prejudice, to any right' of action sent barely sufficient to keep the soldiers

red to several old residents that the od casion of her departure is one which inay

one which will commend itself to a very wide circle, and doubtless some one will take the matter in hand at once and arrange for a farewell concert.

King Sing Tong, Lau Chun, Ho Wing,

Shields (secretary).

eruses

row

was selling at the works, luckily for us Ho Kwong, and Lo Yuk Toug, and A. Lat interior points, at 16 gold cents per barrel in bulk, i.., without counting the cost of the barrel. I have mainly dweit so far upon the consuming side of our product. A word now on perhaps & more

As much Limestung material. important factor, the supply of anxiety as ever, for though the Canton Authorities stand at the moment no longer in our way as rival buyers or promoters of difficalfies for us, through the disturbed state of the Delta and the consequent piracy, the stone contractors find increas ing trouble in securing boats and in getting them through to Hongkong. The supply of wood for casks is suffering from the satin disability and unless we can soun feel assured of a quick cessation of these hindrances we may come face to face with

contracts for stone and dealers are eager a serious situation. We have sufficient to sell at a price, but we shall be more relieved when we see the stone arriving in much larger quantities than is now the Case. You would doubtless like to hear more about the Deep Water Bay Works. We are not too cheered at the prospects is carefully there, but the business watched and I do not think we are falling astera. The working account shows profit of about $9,000, and this resulted notwithstanding the stock on hand and on

The

that may exist in connection therewith. Aud so to represent the 255,000 remaining there is the property at Canton now down to 281,903.05, together with our claim against Mr. Fung Wa Chin, the value of the Hok Un concrete plant, the Century stone plant, and a mortgage on some pro- perty of Tsang A King fairly valued at 10,000. It is thought by the Consulting Committee and General Managers that ample has been written off for this year on these accounts, and should anything more be required it can be dealt with at a future time. I have endeavoured to cover all points concerning the working of the Company and the report and accounts, and shall now be pleased to answer any questions relating thereto. (Applanee).

There being no questions, The CHAIRMAN moved the adoption of the report and accounts.

quiet.

The story of an attempt upon the life of General Huang Sheng is a canard. The fact is that a stray bullet entered the room formerly occupied by the General But no rifle was fired in the yamen and the occurrence was an killed a staff officer. a pure acident

A proclamation has been issued at Nan- king that henceforth all officials beginning from the President down to the last clerk should only be addressed as Mr. So and So. All former titles as Excellency (Ta Fen), etc.. should be cancelled.

better than M.P

H. RUTTONJEL

& SON,

WINE & SPIRIT MERCHANTS, 38 AND 40, QUEEN'S ROAD CENTRAL

133

Chs. J. Gaupp

& Co..

ALEXANDRA BUILDINGS,

CHATER ROAD, 32

The new calender published at Nanking break of the revolution at Wuchang; the institutes holidays on the day of the out- fall of Nanking; the inauguration of the WATCHMAKERS, first President; the issue of the abdication edict; and the birthday of Confucius. All the other old memorial days and supersti- tious festivals, we read, are abolished.

conveniently be availed of to recognise in some public manner the pleasure she has

The CHAIRMAN Ssid-Before proceeding given by her ainging on scores, nay hun- dreds of occasions, during her long resi- to the ordinary business of the day dence in the Colony, For more than gentlemen, I bave an announcement to been make, and this is that after considerable thirty years Mra. Gordon bas appearing nt local concerts, and potably discussion and interchange of views it has those given in the cause of charity. The been arranged between the members of the suggestion that she should not be allowed late Investigating Committer and the to depart without some recognition by the General Managers, subject to your public to whom she has so frequently and approval on a subsequent occasion, that for so long given pleasure by her singing is the conduct of the affairs of the Company shall be subjected to sume modification. A. Board of Directors will be elected, with and under whom the General Managers will perform their functions, A comment such as that which appears remuneration of the General Managers in the current number of Truth upon Bir will be reduced and be made contingent Henry May's appointment to the mainly upon the well doing of the Com Governorship of Hongkong could only have been written, I imagine, by some one pary, and some of the recommendations of not in possession of a full knowledge of the Committee as to accounts and auditors the circumstances. No doubt it is true will be as far as practicable carried out. that the appointment is much criticised The main points of the undertsanding are by men in the Colonial Service who perhaps expected the plum to fall in their agreed, and the details will be put before direction, but to those who know the you at a later date, and it is not intended circumstances of the Colony, and who also know that Sir Henry May's appointment to go into these matters now. was asked for by a practically unanimous hear.) It is thought that the new arrange representation from the gentlemen who ments will he found pleasing to many represent the community on the Legisla shareholders who were disturbed in their tive Council it is no surprising that Mr. Harcourt should have sanctioned the minds after the misfortunes of the year appointment. Even Truth will admit before. I will now proceed to the regular that & Crown Colony may legitimately ask business of to-day. As usual, with your consignment at the beginning of the year money should be written off in respect of places where the power and influence of to have a voice in the appointment of its Governor, though probably this is the first permission, we will take the report and had been taken at estimated costs higher Canton land. Therefore my amendment officials cannot reach, so that the opium

accounts with auditors' report attached than thuse we reckon on now. On the time it has ever been allowed.

as read. At the different works of the

same scale of coats as now the profits It was perhaps a surprise to many Company nothing very eventful has would have been about $16,000. But even

wore

149

(Hear.

AB

Sir PAUL CHATER-I beg to second the

motion.

Hon. Mr. POLLOCK-Mr. Chairman and gentlemen,-I beg to move an amendment to the report with reference to the writing off of the sum of $85,387.27 bad or doubtful assets of previous years. I think, gentle men, for reasons which I need not trouble sum of this meeting with it is desirable, for the present at all events, that no

is to the effect that $20,000 be not written off in respect of Canton land, and that will mean that the sum of $65,337.27 is

AND

JEWELLERS,

OPTICIANS,

The Board of Civil Affairs in Nanking has received instructions from Dr. Sun that all the inhuman punishments of the Ching Dynasty are to be abolished and

criminals andue FINEST QUALITY officials who inflict on punishments are to be dismissed and sent to the Superior Court for trial. Officials are not allowed to try. prisoners by tor- ture.

Chi Taze-ying, the newly appointed President of the Opium Suppression Bureau, has circulated telegrams to the assistance in the suppression of opium in papers and various societies requesting

habit in China may be eradicated by the fifth year of the Republic.

DIAMOND JEWELLERY

A SPECIALITY.

ENGLISH, AMERICAN AND SWISS. GOLD AND SILVER

WATCHES.

The Bureau of Finance has proposed that two million tacle be given from the Government funds to develop the mines CLOCKS of Tayeh district in co-operation with the of previous years, and that the balance to be carried forward, instead of being people. This proposal has been forward- 8877.65, will be $20,977,65. That is theed to the Emergency Assembly for con amendment that I move.

Hon. Mr. OSBONNE-I beg to second that amendment.

As for

sideration.

A SENSATIONAL ARREST IN SHANGHAI.

people to find from the judgment of Mr. occurred during the year. In the spring this profit, less the depreciation of $11,000 written off certain bad or doubtful assets. Justice Gompertz the other day that a Boldier was immune from civil actions up Hok Un worked half time only owing to allowed in the accounts, would leave but $5,000 net, a poor return on the capital to £30, but the doctrine is not a new one the slackness of demand, but as the year and it is as well that it should be borne

on the output.

gradually invested. However, as the matter stands

The new money for the Republic, saya in mind by those who may suffer from

increased until in August and September it is better to work ilan to shut down, as

the China Critic, will first be in silver their ignorance on the subject. We can

dollars, with two lions, and the native on the one readily understand the necessity for har everything was going at its fullest power the depreciation would go on in any

The CHAIRMAN →→ Gentlemen, The characters for one dollar' ing the army free from the law's vexa and a market was found at covering rates event, and there is some apparent profit

side; and, on the reverse, the words "Cur- tiess It would be decidedly awkward when our country was ahout to embark for all the cement that could be minde, however little. The course of exchange

Pollock proposes that 320,000 to treat Money" and "Chinese Republic", ornamented with wreaths of flowers on a war to have a general kept in prison and this continued until the end of the since the beginning of this year has been amendment put to the meeting by Mr.

and lower range is much

The sample coin has been shown to the written off the value of Canton land on for debt. Of course it may seem hard on year and later to February this year against us the unfortunate tradamen or professional when, for the purpose of relining, some desirable as the bulk of the Company's this ocension and that what is to be written President and approved by the ministry, gentlemen that he should not be able to

sales are in countries on a gold basis. off bad and doubtful assets be reduced to and coining will be begun at once. The recover money due from military people, of the Aalberg Kilns were closed. These

far as this Company is concerned we 865,327.27 and that amount to be carried postage stamps will also be altered. very

quickly. but they should keep that knowledge we shall expect to start again within a

account be before them and act accordingly. Ignor- month or two, although in these disturbed

should like to see a reversion to 1/9d. to forward to next year's ance of the law is no excuse. It is their times we shall not pretend to make any

the dollar. To come to the matter of the $27.877.85. That amendment has been business know where to give credit and

accurate forecast of the work ahead of us. where not to give credit.

The Macao Works were kept steadily and accounts, you will see that no additions to proposed by the Hon. Mr. Pollock and The meeting of the shareholders of the fully going all the year on clay preparing machinery or plant have been made this seconded by the Hon. Mr. Osborne, and

In spite of the mauguration of trial by Green Island Cement Company on Satur

jury in Chinese Courts in Shanghai, says day was disappointing to those who had and drying; and four out of the five kilns past year, and unless for an improvement I will put it to the niceting.

the N. . Daily News, a fresh instance The full depreciation of 6 per cent on expected to hear vigorous language and have been kept burning (it is usual to hold in the cooperage, none are contemplated. myself, I am quite ready to accept the

of highhanderlness on the part of the local acething comments. It was not anti-one in reserve) from September on to the

of Association is provided for. The bank

authorities was supplied on Sunday by the arrest of Mr. Sung Han-chang, man- cipated that the dove of peace would have present time. Deep Water Buy was on plant, etc., as called for by the Articles alighted so soon, and all concerned must half capacity for half the year and ran

ager of the Bank of China, formerly known be congratulated on having followed a

as the Taching Bank. The arrest, or more course which, whatever its result, is full time for the remainder, The quality balance is now on the right side and, apart reduced stock of limestone on hand, a dignified. The fact that the General of the cement has been maintained is the from profits made, is accounted for by the

Sung took place at about 3 p.m.-on Sunday in Jessheld. Mr. Sun was peremptorily Managers showed such a readiness to highest degree and there have been no

marched off without any cause assigned accept the suggestions of the Committee

for his arrest, and is now said to be de- of Investigation inspired confidence in the rejections for quality anywhere. (Hear, rather unhealthy reduction, and the fewer

properly speaking, the kidnapping of Mr.

In now markets there is often outstanding consignments. The value of

tained in the Native City. Mr. Sung is a shareholdere, and it may be that other hear). companies will benefit from the criticism difficulty, as prejudice and antagonism steam lighters, launches, etc., in now down

re-elected as Consulting Committee:-Sir

commercial community, which is now try.

His which was directed against the conduct of naturally prevail, to secure recognition of to 8178,000, and we do not think the Heat by Mr. DAVID Woop, the following were

ing its best to obtain his release. the superiority of our product, but almost could be replaced for that figure, although Paul Chater, Hon. Mr. C. H. Ross and much respected member of the Chinese It is comforting to know that the coal invariably this is overcome in time. Com it is a good item to keep low in value.

Que steam lighter formerly used for towDr. J. W. Noble.

Mr. PERCY SMITH proposed the re-arrest is said to have been made at the

instance of Mr. Cheng, Military strike which has dislocated the trade and petition continues unabated but has some-

falsification of accounts while in charge commerce of Great Britain and has

of the Taubing Bank, but it is believed. inflicted hardship and anffering on so what changed its form. European shiping stone junks from the West River and many thousands of unfortunate people is ments have decreased, to the Far East and for carrying cement to Canton, both appointment of Mears, W. Hutton Potts of Shanghai, the alleged by Governor

be ignored. The employments practically stopped now, and A. O'D. Gourdin_as_auditors at a

Caused by other motives altogether, was laid up for a time and an offer being remuneration of 8300 each per annum.

Mr. Hoca seconded, and the motion was by Mr. Sung's friends that his arrest is While Mr Sung's friends have made re- and months for the country to recover establishment of new factories in nearby

carried. from the blow which it has received. Ita

Was not immediately

The CHAIRMAN -Dividend warrants, presentations to Governor Cheng, they bave already brought the matter to the effects will not tend to improve the rela- territory is what interferes with us most, obtained it was sold to Manila at a luss

notice of the authorities in Nanking. It tions between capital and labour, and and some of these are gradually improy- of 84,000.". It before long we may expect to witness ing the quality of their manufacture and required and it was thought better to save gentlemen, will be ready on Monday on Another struggle which will resemble the increasing their output. They have their further depreciation and cost of upkeep application. I thank you for your atten-

custody in a day or two. Armageddon of the prophets.

difficulties, however, and what with A junk at Deep Water Bay overstayed her

this concern..

nearing its end, though it will take months in the main

RODERICE RANDOM

can

amendment.

The amendment was carried by an over- shoirning majority, very few hands being held up against it.

Bubject to this amendment, the report and accounts were then adopted, there

being no dissenters.

On the motion of Mr. GEDGE, Secorded

dance. That is all the business.

is expected that Mr. Sung will be out of

45

of all descriptions.

If You Wear

TORICS

you know you have the best. If you do NOT, you have not yet done the best you can to give your eyen comfort. It is possible to correct the vision of eyes that need glasses without using TORIC LENSES. It would also be possible to use a motor-car without preumatic tyres, bat it would not be as comfortable. It you have falled to fed real eye comfort, try a pair of TORICS. The deep inner curve conforms to the natural motions of your eye. Their advantage is particularly noticeable to players of tennis, golf, cricket, and billiards. Made in clear glass and tinted shades.

CLARK

TENTIFIC

& Co.

OPTICIANS

YORK BLOGS, CHATER RD

HONGKONG