Page
INTIMATION
WATSON'S
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THE HONGKONG DAILY PRESS, SA FURDAY, MAY 25ru, 1912.
land and the taxation of wings; (5) mono- TELEGRA MS. TELEGRAMS. TELEGRAMS
poly of the salt and tobacco industries (6)
the separation of national and local taxes; (7) the introduction of an accounting and auditing system; and (8) the issue of national bonds. When subsequently ques tioned, the Minister said that it would require time to effect these changes and, meani while, the Government would have to resor to foreign leat The Finance Minister was followed by the Minister of War, who of plained what is being done in the matter of disbanding surplus troops, and then urged the need for improving the regular, Army by making service in the Army perm anent; by the improvement of the standard of milltary education and training; the introduction of conscription, by improved efficiency of the military factories; by having uniforms, &c., made in Government factories instead of by private contracting Arms; and by breeding stron ger horses, The Minister of Education explained that WHISKY proposed to divide the country for educa
VERY OLD LIQUEUR
SCOTCH
sisted on
tional purposes into four districts, and is
the necessity for providing adequate funds to meet a wide-spread nool, The Minister of Agriculture desired to 800
(THROUGH REUTER'S AGEMOT.1
THE LIGHTERMEN'S STRIKE IN LONDON.
A NATIONAL STRIKE THREATENED,
LONDON, May 24th
The lightermen virtually admit that the employment of non-unionists was only a pretext for the strike, and affirm that the masters had in various ways violated exísting agreements. The whole question of pay and hours is now being raised. The carmen and dockers refuse to handle goods forwarded by land
goods forwarded instead of water, and supplies of ment and fruit in London are already con siderably impeded.
LATER..
Tho Federation of Transport Workers has ordered a general strike. This decision means a general stoppage of all transport workers in London. It is ex-
(THROUGH BHUTER'S AGENCY)
THE FRENCH IN MOROCCO.
BERCUTION, DY MUTINEBES
LONDON, May 24th. Reports from Fez state that the situa- tion is worsening. An attack on the city is momentarily expected. The execution of those sentenced by the court martial in connection with the recent riots has been postponed for fear of disorders.
A Paris telegram states that natives were court martialled for taking part in the recent mutiny in Morocco, and wors executed at Fez in secrecy. The most rigorous precautions were taken against
disturbances,
今
THE CUBAN REVOLUTION
LONDON, May 24th.
The Cuban revolutionaries are fring and looting the sugar and coffee planta
[THROUGH REUTER'S AGENṢE.)
THE IMPERATOR” LAUNCHED.
LONDON, May 24th. The Kaiser received an ovalion, at the launching at Hamburg of the Harburg Amerika liner Imperator, of afty thou sand tons. The ship has accommodation for 5,275 passengers, and carris lifebosts sufficient to hold all on board.
FRENCH NAVAL MANŒUVRES.
LONDON, May 24th. The featur of the French naval man-
uvres in the Mediterranean was an attack by submarines and tamedo-boats The Prince of Wales watched the man auvrea from the bridge of the Danton
EMPIRE DAY RIFLE
COMPETITION.
LONDON, May 24th.
For the Bisley Erapise Day rifle com
PENINSULAR & ORIENTAL B.N CO.
The Directora of the Pejingular >& Oriental Steam Navigation Company announce a dividend at the rato or 5 per cent. per annum on the proferred stock, and an interim dividend at the rate of 7 per cent. per anunt on the deferred stock of the Company for the half-year ended 31st March.
The following statement which, toge- ther with the information above given, has been communicated to us by Mr.
Shallard, Acting Superintendent of the Company in Hongkong, amplifies a recent telegram received throu
rough Reuter's
The Director of the Penínsular & Oriental Steam Navigation Company, at their Board Meeting to-day (May 1st) passed a resolution to deal with the capital unissued, viz, £1,180,005 by allotting the same to the extent of £1,100,000 in the form of Preferred Cumulative iw Per Cent Stook to the present holders of Preferred and Deferred Stocks (of not less than £40) in propor tion to their respective holdings of auch stocks, and at the rate of £110 for each £100 of stock. This increase of capital has in view the requirements of the Com-
A BLEND OF THE FINEST FURE progress with the reclamation of waste pasted that 100,000 men will be out to tions, and the Rural Guards are power petition, 131 entries have bon received. pany's future work, in the improvement
MALT SCOTCH WHISKIng.
lands, the improvement of afforestation, and progress as regards irrigation; and he further advocated the establishment of experimental stations for the diffusion of agricultural knowledge, and the establish For over 30 Years WATSON'S ment of agricultural banks to furnish the people with necessssity capital. Nest followed "E" has maintained the re-the Minister for the Navy, who wanted a hig sum of money for improvements, but lining that his wants are not likely to be
putation of the FINEST SCOTCH WHISKY in the
FAR EAST.
supplied, be confined himself to a state- ment of the aunus expenditure, which he placed at $16,400,000 (including ten mil. lions due on new ships), and foreshadowed improvements in training and in the paral arannals. By no means the least interesting of the speeches was that of the Minister of Justice, who announced the intention to secure the unification of the Judiciaty throughout the country," the officers of the
A. S. WATSON
WATSON Courts being paid from national funds, For-
10
& CÒ., LTD..
ALEXANDRA BUILDINGS.
[223
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BIRTH.
At Fairview, Robinson Road, on the 23rd May, 1912, to Mr. and Mrs. E. D.
[747 HARRELL, a daughter.
HONGKONG OFFICE: 10s, Das Vœux Égad Ü LoboS OFFioni 131, Frane Briser. EO
The Daily Press.
HONGKONG, MAY 25TH, 1912.
the training of Judges he proposes to establish “institutes in which law graduates can be trained in the trial of cases" Other features of his policy, includa trial by jury, the creation of a Bar so that litigants many have trained legal assistance, and pri- son reform. There was nothing very striking
night. This will be followed if necessary by a national strike.
LATER, The leaders of the transport men determination, in have expressed their speeches in
London, to tlírcaten national strike if an attempt is made to divert the trad of London to
other ports. Southampton, or
Three hundred Covent Garden porters threaten to strike to-day, but it is point. ed out that the Colonial growers aro unlikely to suffer, owing to the facilities for cold storage offered by the boats.
POLITICAL DISTURBANCE IN BUDAPEST.
less to prevent them:
LATER. Seven hundred marines, with guns, have sailed from Philadelphia for Cuba,
TURBULENT MEXICO.
WHITE STAR DIVIDENDS.
The provisional acores an received will of their mail, passenger and cargo sar- vices, and has no reference whatever to be cabled on the 26th inst.
any rumoured “amalgamation of com- bine," which are, in fact, non-existent, so far as the Company are aware. It may be added, in view of these rumours, that no proposition or suggestion of this character has ever been made to the Directors, while, on the other hand, the Company have been for many years, and are now,
working in perfect harmony, with their compotitors, throughout the whole range of their operations in the East.
F. J. ABBOTT, Becretary.
COMPANY REPORT,
LONDON, May 28th. LONDON, May 24th. It is reported that the White Star Three thousand Mexican rebels ad- dividende paid for. 1911 amounted to 30 vanced to within úfteen miles of Mexico per cent, the profit for the year being City, when, they were defeated, and 21,074,752. retreated after a two days' battle.
LATER
A New York message states that the Mexican Government troops have gained a great victory at Rellano, the rebel losses being estimated at a thousand. The Federal Josses were, heavy.
THE PANAMA CANAL BILL.
BERIOUS ELOTING?"VISA
LONDON, May 24th. Reuters correspondent at Budapest telegraphs that the political turmoil has become more acute. The Opposition has declared a general strike in favour of universal miffrage. A huge demonstrsing tion, in which 50,000 took part, was held payment of tolle
police. Many shots were fixed, and shop windows and street lampy were destroyed. Up till noon two people had been killed and 63 injured.
LATER.
in the programme of the Minister of Com-to-day, resulting in a collision with the munications. It was one of general improve ment and co-ordination The Minister for Industry and Commerce announced an in tention to give every encouragement to industry and trade, even to the extent of resorting to subsidies. Advisers, both of Chinese and foreign nationality, are to be The rioting is unabated. The casual- engaged, commercial commissioners are toties now number four killed and 114 be stationed abroad to report to the Gowrn meat how trade may be increased; the Chambers of Commerce, are to be mor ganised, and periodicala devoted to industrial and commercial-subjects are to be published These interesting expositions of policy show, at least, that the Ministers now in office have a good conception of the needs of the country, and their efforts to give effect to the policies they base thus publicly sunounced will be followed with interest throughout the world.
The French mail of the 23rd April was delivered in London on the 23rd May,
Herr Gustar Behm, the General Com missioner for Garrisons in Tsingtao, died very suddenly there last week.
The second race meeting under the auspices of the Gymkhana Club akes place at Happy Valley this afternoon.
injured. Tram sheds have been wrecked, and numerous enses of incendiarism took place after nightfall. The railway mon threaten to go on strike, and the stations are being guarded by the military, while troops are pouring into the city!
LATER
A telegram from Budapest states that the death list totals seen. Very fares fighting took place, bath sirbes bring revolvers and the troops using their bayonets. Parliament was sitting means while, as the Premier refused to suspend on account of the riots, persisting in continuing the debate on Army reform, though the Opposition demanded the discussion of Electoral reform.
The Premier refused permission to a deputation of strikers to hold an open air meeting, and the mob thereupon Tan recent session of the National Council at Peking, attended by eighty-four members. The Hongkong Agency of the Nether-attacked the shops and trams, and tore was noteworthy for many reasons, among lands Trading Society inform us that up the gas lamps igniting the gas. them being the fact that "not a single queles are in receipt of telegraphic in- During the disturbance s bomb was was to be seen, "and that all the speakers used has been declared by this Bank for the thrown at the house of a deputy. The the Mandarin language, which one com- year 1911. mentator describes as a distinctly welcome
formation that a dividend of 91 per cent.
nge from the conditions in former A large number of the seatholders of assemblies when, we believe, all the dialects of St. John's Cathedral gathered yester- ia China wera to be heard. But the session day afternoon at St. Paul's College, to was chiefly noteworthy for the reason that welcome the Rev. V. H. Copley Mopla, the avery Minister of the Cabinet expounded newly appointed Chaplain to the Cathe his policy to the Council, and though the dral, and Mrs. Moyle.
leaders, in the evening, ordered work to be resumed next morning
AMERICAN PRESIDENTIAL"
ELECTION.
LONDON, May 24th. Col. Roosevelt's victory in President Taft's own State dismaya the followers speches we have read are inadequately The second annual general meeting of of the latter, and is variously inter reported, they nevertheless suffice to indicate shareholders of the Cathay Trust, Ltd., preted, though the general feeling is that what reforms are contemplated in the was held at the offices of Messrs. J. H. several departments of State. The Minister Wattie and Co., Ltd., Shanghai last Col. Roosevelt's insistence on a large re- of Finance, in a speech occupying nearly an week, Mr. A. M. Marshall presiding. The construction of existing conditions has hour in delivery, laid bare the unsatisfactory report and statement of accounts showing appealed to the pupular instinct. financial position of the country. He does a balance of Tls, 326,631.66 was adopted. unanimously, Mr. W. A. C. Platt second-
J1
the
It is beginning to be believed that Mr. not appear to have spoken of the negoti. Dividends of 8 per cent. (The 40 Bryan will ultimately come to the front
loan, but tions for a huge foreign confined himself to stating "in the order per share) on the preference share, 19 per as the candidate of the Democrats, who cent. on the ordinary shares, and a are rather at sixes and even with the of their importance and urgency
bonus of 0 per cent. on the ordinary contending candidates. measures it is proposed to take to improve shares, (Tls. 0.45) were unanimously the country's financial position. These are agreed to. Mr. MoMichael was re-elected
director, Mr. W. 8. Davidson was elect enumerated as follows: -(1) Reduction of military expenses; (2) speedy organisation ed in place of Mr. W. B. Clayton, re- of National Banks; (3) reform of the Cursigned, that of Mr. E. G. Barrett was con- rency; (4) reform of the system of taxation, firmed and Messrs. F. Matthews, G. H. including the imposition of a tax on and N. Thomson were re-elected auditors.
OBITUARY.
LONDON, May 24th
The death has occurred of Mr. George Black, the well-known publisher, who fell dead in a London hotel.
LONDON, May 24th.
The House of Representatives at Washington has adopted the Paname Canal Bill, with an amendment exempt- American coasting vessels from the
PRINCE OF WALES IN A
SUBMARINE.
LONDON, Hay 24th. The Prince of Wales descended in a
arine in company with Admiral
Lapeyrere.
BRITISH IMPERIAL PREFERENCE.
LONDON, May 24th.
A Montreal message states that Mr. Foster, Minister for Commerce, has declared that Canada will soon have a preferential tariff with the whole of the Empiro. A atart will be made with a preferential exchange with the West Indies and negotiations are in progress for a similar arrangement with Australia. NAVAL AND MILITARY TOURNA-
MENT IN LONDON.
LONDON May 24th. The Naval and Military Tournament was opened at Olympia this afternoon, in the presence of Their Majesties the King and Queen. There was a magni
ficent display.
AN AUSTRALIAN REQUEST.
LONDON, May 24th.
A Sydney message states that the widow of the late Mr. Ruage Hall, bes
bequeathed a million sterling, the income from which is to be devoted to the relief of poverty in Australia, and for the advancement of education and religion according to the Church of England.
NEWSPAPER MANAGER
ARRESTED.
LONDON, May 24th,
A Paris message states that M. Gillet, manager of the newspaper Anarchie, has been arrested and charged with ineiting
to murder.
NEW PAYMASTER-GENERAL
LONDON, May 28th.
been appointed
Lord Btrachio has master General. SUCCESSFUL OPERATION ON GENERAL BOOTH.
Losnow, May 24th.
A cataract has been removed from the ↑ left eye of "General" Booth, Head of the Salvation Army, the operation being completely satisfactory
General Booth is 83 years of age.
SEQUEL TO THE RAYMOND CASE. As a sequel to the Raymond case, Mr. H. A. Law, K.O.YL.1.. has kindly pre- sented a sam of 8200 for distribution Amongst local charities That sum has been apportioned as follows: The Hong- kong Benevolent Society, 850; The Dioce- Pan Girls School, 50; The Eyre Refuge, 850; and the Victoria Home and Orphan age, Kowloon, $50, :**
THE REVISED, LAWS OF
HONGKONG. “
The first two volumes of the Revised Laws of Hongkong are now issued. Sir. Francis Piggott, as our readers are aware, has been engaged for some months past in editing the ordinances of the Colony, and the several law revision bills which have been before the Council during the last few months have borne eloquent testimony to the care, thorough: ness and ability with which this very enerous task has been discharged. They
the revision was required Volume 1 have, at the same time, shosn how badly
comprises, in 893 pages, the laws from 1844 to 1889 and Volume II. (966 pages) contains the laws enacted from 1900 to
1911. There is a short index to each
volume, but a full index volume will be issued almost immediately and the third volume of the laws will be ready at the end of next week. It could be wished that
as well bound as those issued in 1901 the volumes had been as well printed and and 1892, but that is praise that cannot be given.
THE LOAN CONDITIONS..
A northern Chinese contemporary gives the following as the agreed conditions: of the loun
1-Supervision of the expenditure of the loan.
2. The total amount of the loan to be Tls. 600,000,000 to be paid in six annual instalmenta
In the said six years nu loans from wy other party to be raised by the Chinese Goverriment
h 4.—The loan should not be employed for national defence or enterprier in Manchuris or Mongolia.
LOCAL SPORT.
A. S. WATSON & CO., LTD.
The report of the General Managers reads as follows:-
Gentlemen,-We beg to lay before you a statement of the Company's business, with a balance sheet for the year ending the 31st December, 1911. The Net Profts of the Com
pany for the twelve months. under review, after paying all charges, including the salary of the General Managers and providing for all bad and doubtful debtà, allowing for loss on sub- sidiary coins, the payment of auditors' fees, 8500, and including $46.00 unclaimed dividends forfeited, amount to ........................
To which has to be added the balance brought forward from the previous year
831,357.88.
4,129.86
$35,487.74
From this there has to be deducted :-
Managers General
Commission of 3
per cent on the net profits for the year as per Article 80 of the Company's Articles of Associa- tion
Remuneration of the Consulting Cor. mitteo as per Article 92
$1,587.
2,000.00
3.567.80
831,919,85
Leaving available for appro
priation.
We propose to write off Building Im provements, Furai- ture, Fittings, Utenails of Trade, Aerated Water Plant and Ma chinery $30,000.00 To Carry forward
to, 1912 account
1,919,85
$31,019.85
During the year the Company's Branches at Manila, and Mactavish and Lehmann, Shanghai, were sold: The sale of Manila Branch
resulted in a loss of $119,251.70 And the sale of Mactaviali and Lehmann Branch. Shanghai, resulted in loss of
18,766.55
The Chinese Recreation Club will play
Making a total loss of8135,018.25 the tennis league match with Civil In the statement of accounts for 1910 Service Club to day, at 4 pm, at provision was made in contingency Causeway Bay. The Chirke Recreation account of $100,000 against expected Club will be represented by the follow losses in closing these branches The balance of $5,018.25 has now been trang- ing-Wei Wing Lok and Wong Po Kieferred to permanent reserve fund. There Wong Po Keung and Ng 3 Yuen; Ng has also been transferred to per- Sze Kwong and Mohler.
HONGKONG TENNIS LEAGUE-
TABLE
Queen's College Wigwam
Y.M.C.A.
Kowloon
Played Won Lost Pis.
3
0:
*
3
4
1
1
.2
211:
ย
Chinese Recreation club 2 Civil Service Craigengower Club de Recreio Chinese YM.C.A
BILLIARDS
manent reserve fund the sum of 87,013.23, the amount of losses occasioned by the looting of Chingkong Branch and the burning dows of Hackow Native Branch during the Chinese Revolution. A claim for this amount has been lodged againsh the Chinese Government through the British Minister at Peking, and in the event of the claim being met the amount. recovered will be credited to permanent
2 reserve fund.
The following is the draw for second round of the billiard competition in the Seamans' Institute Ties to commence playing on Monday 27th instXavier Ryan: Barnard v. Rorholds; Kirby Martin; Moore; Spieglehalter v. Loupet Turner; Gosas v. Howell; Stewart Marques; Best, a bye.
CONSULTING COMMITTEE..
The existing Consulting Committee consists of Hon. Mr. E, Osborne, Mr. H. P. White, Mr. J. Scott Haraton and Hon. Sir. P. Chater, G. The appointment of Sir Paul Chster requires your confirmation. Song
AUDITORE.
The Company's accounts at the Head Office have been audited by Mr. Francia Maitland and Mr. W. Hutton Potts, who offer themselves for re-election.
JOEN D. HUMPHREYS & SON, General Managers Hongkong, 23rd May, 1912.
No comments yet.
Private notes are available after approval.