1915-03-03 — Page 3

Daily Press 孖剌西報 All

THE HONGKONG DAILY PREES, WEDNESDAY, MARCH 3RD, 1915.

WITH THE GRAND FLEET. JAPANESE AID FOR OUR WAR FINANCE IN JAPAN.

GALES, SUBMARINES AND MINES

OF THE NORTH SEA.

In a letter received by Mr. H. E. Baleb, of Wells (Somerset), one of the crew of a cruiser with the Grand Fleet; writes: We are still patrolling, blockad- ing, or sweeping the North Sea, or whatever term you like to give our opera- Lois. We felt quite confident of having a scrap either en Christmas Day or

WOUNDED.

ARRIVAL OF RED. CROSS CONTINGENT IN LONDON,

A VETERAN NURSE,"

MANILA HOTEL.

ANNUAL REPORT

The areal report to the shareholders in the above hotel states:-

Boxing Day. We knew from the aviators an interpreter to assist in the work of Japan seemed favourably placed for War, August 1st.

INTIMATIONS

LANE

CRAWFORD & Co.

END OF SEASON

TO CLEAR

In Japan no less than in other countries, say's The Times, the outbreak of the war served to obscure the economic situation. There were, of course, all the symptoms attaching to the paralysis of international The gross receipts from the operation rade and finance in August föreign P.531,339.06, a decrease as compared with of the hotel for the year 1914 veze The Times of January 23rd had the ful-trade collapsed, the banks refusing to

notice of the arrival of a Japanese ance rates running into impossible figures, decreased tourist travel and the offcets of lowing

accept foreign drafts, and marine insur to year 1913, P.30,105, 11.8 per cent.

The decreas is due principally to the Red Cross contingent in England -

The raw silk exchange at Yokohama and the business depression prevailing in the The Japanese Red Cross Society have the yarn exchange at Osaka had to be Philippines and other parts of the world rent a contingent of two surgeons, two closed on account of the heavy slump in during the greater part of the year 1914, chief nurses, 20 nurses, a secretary, and Prices; the piece goods market was also especially the second half of the yenz, notable sufferer. But in two respects following the outbreak of the European caring for the wounded of the Allies. who raided Cuxhaven that their ships. They arrived at Liverpool yesterday after weathering the storm. First, her great Approximately 66 per cent, of the total: were preparing for sea, little dreaming, noon in the White Star Liner Megantic her for two-thirds of the law silk consumed occurred during the second half of the silk customer is America, who relies upon decouse in gross receipts of P.70,195 doubtless, of the force that was supporting Among those present to receive them were in the United States, and would naturally year. The deeresse for the first half of

Burgoon-General Sir Benjamin Franklin, the ships and destroyers in attendance on on behalf of the Brition Red turn to Japan for such of the balance the year was F.23,540.22; the decrease for AT VERY SPECIAL PRICES. the seaplanos. Our hopes ran high, but Cross Society, accompanied by Mr. Kishi, she had obtained before from France the second half of the year everything went wrong. In the late after- of the Japanese Embassy At Euston and Germany in the second place, the 1.40,015.78, noon we began to experience bad weather, of the committee charged by the British the opportunity offered to Japan to The operating expenses for the year they were met by Lord Onslow, chairman longer the European war lasta the greater and by 7 p.m. we were in a howling galo. Red Cross Society with their reception, We hung on for a couple of days in case and others. Mr. H. Bonar, intely his extent both these bull" points have pared with the year 1913, of P.69,092.00, they came out, but it was a matter of Majesty's Consul General as Seoul, who direction was more than counteracted by 13 per cent greater than the ratio of the made good. But improvement in this 13.24 per cent, a decrease approximately impossibility to have fought an action. has been specially attached to the by decrease in consignments to Europe. By decrease in gross receipts, notwithstand

by the War Office, delivered a message of Even the super Dreadnoughts" were welcome on behalf of Lord Kitchener, con- October a marked decrease compared with ing that the cost of supplies greatly simply washing down fore and aft, and, reving his cordial greeting and

1913 had taken place in the shipments to increased. [3] as for us light cruisers, well, it doesn't expression of his warm appreciation of States was affected too much by the inter- America, the silk industry of the United their valuable co-operation

matter much

I really think I have seen more weather in Nerth Sea gates than I have in any kind of storm in any other part of the world Still, we have got over a part of the winter. I suppose we shall begin

look for better weather when March comes

round. Then I hope we shall be able to do something big. These long nights are terribly against us, to are the fog and generally thick weather, and the worst of it is it is proportionately favourable to any operations the enemy may undertake I often wonder they have not been more dashing than they have. I think it would have paid them to, but I suppose the risk they run in coming out is too great, but surely they will have to come out before long.

GERMANY'S SUBMARINE SCHEME.

Admiral von Tirpitz is trying to tell us what his plans are. You have, of course, read them-oucircling the British Ieles with submarines and sinking every thing that tries to get into our commercial ports but that will take some doing. It is much easier to talk than to perform, ! am thinkingThe submarine is the only type of vessel that has been to any extent employed against us. It was not # pleasant feeling in the early days of the war to know that you might be potted at

about a week until they go to Netley to The party will remain in London for undertake work at the British Red Cross Society's hospital at that place.

Speaking to a Times representative at Liverpool the interpreter said:-

The Japanese Red Cross Society are sending this party of doctors and nurses to show their gratitude and friendliness to Britain. We offered to send a con tingent and the War Office said, If they are good send them" They are good, so we brought them along.

OPERATING EXPENSES.

Was

monopolize the China trade. To a certain 1914 were F.459,809.84, a decrease, as com ANGLO-ORIENT

RESELVE FOR MAINTENANCE AND

DEPRECIATION.

accounts for maintenance id deprecia- The sum of P.2,500, has been reserved monthly since September, 1014, in the tion of furniture equipment charged to

national situation, and was not in a latter was losing in other markets. It position to make up to Japan what the became necessary, therefore, to appeal to that prices, already lower than they had silk reelers to suspend operations in order operating expenses.

In the year 1914, beginning September farther depressed. been for 37 years, might not be still-1st, there was a total of P-10,000-reserved. second if bull" point, the trade with unexpended balance of 1.6,938.45, as of In regard to the and P.4.003.55 expended, leaving an China began to revive in October and December 31st, 1914, as shown on the Japan has good prospects of gaining a balance sheet of that date. march over some of her rivals in that market AAA

| EXPENDITURE FOR THE WAR.

No Teservo for depreciation on the buildings and other property has been provided, as the cumulative sinking fuad, required by the mortgage deed, will, when in operation, imply provide for this, to say nothing of the enhanced and increas ing value of the site.

OPERATING PROFITS.

R

Dr. Suzuki, head of the contingent, has seen active service in the Russo-Japanese

Fortunately for the Japanese tax-payor war before Port Arthur. Dr. Oshima, a the siege of Tsingtan did not last long, graduate of the Imperial University of Up to the present the Dist has been asked Japan, was in Germany studying medito approve of an expenditure of £5,300,000, cine when war broke out, and escaping which with the sum of £1,350,000. spent

The operating profits for the year 1914, thence made his way to London and after before the special ecasion would make a including in operating expenses tho wards to Japan. A few weeks after his total of £6,050,000. If from this sum is charge of P.5,036.15 for the reserve for return home he was appointed doctor of deducted the amount which would have maintenace add depreciation of furnish- the present expedition and left Tokyo with been expended in ordinary circumstances ings and equipment, were 1.

1.72,482.77. on the Army and Navy, there remains a decrease P.7,038.85, 8.60 per cent,; cxclud the party on December 19th. Mr. N. Otsuka, speaking of himself and his col-net war expenditure of about £5,730,000, ing the charge of P.5.838.45 in operating unless further credits are required. For expenses for the reserve, the opening leagues, said

were Most of the party have left their civil some time past retrenchment has been the profila

P.78,429.22, deciente occupations to take part in this work. I order of the day, and neither Government P1,102.40, 1.39 per cent. Un the same myself was Professor at the Disciples nor people wanted to be committed to any comparative basis, therefore, exclusive-of- Bible College, Tokyo, and another member large additional expenditure at this stage the increased cost of supphus, the results of the party was a teacher at the High of the nation's history. During the year of operation for the year 1814, as com School. The business manager had a good ended June 30th, 1914, outstanding loans pared with the year 1918, shows

decrease of only 1.00 per ent, in opérat Speaking of the nurses of the party, to 2336 million yen. Domestic loans at

that date stood at 1,044 instead of 1,066 sent, in gross receipts.n Mr. Otsuka said:—

They belong to the Red Cross League million yen, while railway bonds, of Japan, which has been in existence Treasury bills, and temporary loans to about 30 years. They go through three the amount of 177 million yen had been years' course of training and afterwards paid off in the 12 months. To this extent remain on reserve 16 years. During that the situation was satisfactory at the out period wherever they are, in case of break of war; but it is recognized that the emergency they are liable to be called out, depression from which Japan is suffering and it is their duty to go wherever they is not due exclusively to the war are sent. Only two of this party are married, but those two have left husband,. home, and comfort in order to carry out what they believe to be their duty to their country. The same thing applies to the men of the Red Cross. Four of us in this party are married.

SEAMLESS. REVERSIBLE

AND RUGS.

CARPETS

BRITISH MADE

IN VARIOUS SIZES.

INSPECTION

INVITED

COLOURED LITHOS ON APPLICATION.

LANE, CRAWFORD & CO.

[22

REMINGTON JUNIOR.

"A LONG FELT

WANT SUPPLIED AT LAST.”

'THE REMINGTON JUNIOR.

19

any moment, but we have got used to them appointment in a business firm in Kobe, had been reduced from 2,738 million young profits, with a decrease of 11.67 per PORTABLE TYPEWRITER FOR TRAVELLERS, SMALL RETAILERS

now, and have learnt by experience how to dodge them, and so make their well. directed attempts to torpedo us abortive. Still, don't think that we can afford to relax in the very slightest. We have to bo constantly watching in case a periscope is seen, so that we can immediately. manenvre the ship so as to drive him off or-sink him.

THE GREATEST DANGER,

Then the mines They are our greatest danger, although we are not panicky about them. Yet everything we see afloat; such as a fishing buoy, a plank, and even boxes that have been thrown overboard must be carefully avoided. I remember in October, when they first dropped mines broadcast off the North of Ireland in the track of the Atlantic chips, we had a most exciting and risky time in warning all steamers to avoid the dangerous area, and to do so we had to be continually steam ing over the minefield ourselves. We never expected to have completed our mis sion, but we did, and without mishap, but it was the most exciting time I ever had. For six days we were expecting every moment of the day and night to striko 籍 mine. You сап perhaps imagine the situation. The schemes and wily moves to trap us you would never believe.

INFORMATION TO THE ENEMY.

Of the nurses Yama Moto, the head. has seen ervice in the Chinese and Russian wars and the Boxer uprising. She is the veteran of the party, and has number of medals. The second nurse, Kiyookawho (1), was in the Russo- Japanese War.

a

DEDUCTIONS FROM NET INCOME. The deductius from not income for the year 1014 were 13,846.19, a decrease, us compared with

The year

DOUTORS, CLERGYMEN, AND OTHER PROFESSIONAL MEN, Erc, Erc. SPECIAL FEATURES :-

1013, of Simplicity Compactness, Durability, Portability. Weight 16 lbs., in leather travelling me 21 lbs

P.2,272.86, 1.10 per cent.

The paynet of the Hicks judgment, P10,840.12, was the final disposition of the suit brought by Hicks for damages growing out of the action of a uriner manager of the company in 1913, in ever- ing a contract between Hicks and the company for furnishing carriage and automobile service to the guests of the hotel, The Supreme Court reversed the furdings of the lower court and award.d Hicks the sura of P10,846.12.20

Were it not for the payment of this sum, the surplus for the year 1911 would have shown an increas of P.6,912.03, 21.44 per cent, instead of a decrease of

4,810, 17.8 per cent, in spite of the decrease of P,70,195, 11.07 per cent., in res receipts, and the deficit from opera would have been P.16,10216, instead of tion at the close of December 31st, 1914. P.22,015.00

DEVELOPMENT OF INDUSTRIES. Japan sets great store on developing her industries, and for this purpose requires foreign capital. As a result of the war it is probable that her usual loan sources, Great Britain and France, will be closed to her for two or three years to conic. The war, however, has gone far to secure the realition of Japan's economic goal, a surplus of exports over imports, although it is to be feared that the result does not reprezent a settled condition. For the first nine months of 1914, the value of exports (yen 451,559,715) comes within £4,500,000 of that of imports (yen 488, 303,279), compared with a difference in 1913 of £11,300,000 for the same period. The reserve for bad and doubtful debts (exports, yen 450,862,898; imports ye for the year 1914 was P.3,000, an increase, are 563,916,021) This year the adverse as compared with the year 1913, of P500. balanes may even be altogether removed. 20 per cent. The accounts receivable as but the circumstances are exceptional, as of Deceraber 31st, 1914, .48,520,73, are ju On behalf of the Government Lord imports have been greater sufferers from good shape and their collection is thought Ermott entertained Dr. Suzuki, Dr.the war than exports, Industries, how to be amply safeguarded by the reserve Oshima, Mr. Kuwabara, and Mr. Otsuka, ever, are being steadily developed, and of P.3,000 members of the Japanese Red Cross Relief the falling off in the returns of 101 items BALANCE SHEET AS OF DECEMBER 31st, 1914, Corps, at dinner at the Carlton Hotel on under imports points to the fact. Tho The increases and decreases in the January 27th, Mr. F. F. D. Aclaud growth of some industries entails en balance shoot as of December 31st, 1910, Under Eocretary of State for Foreign hanced imports of raw materials; but making up the decrease of P: 10,705.61, aro Affairs) presiding.

while the returns indicate this feature, it as follows:- The following were invited to meet the is noticeable that the value of goods guests of the evening-The Japanese leaving the country as manufacture Amissador, Mr. Honda, Rear-Admiral articles does not keep nice with the Oguri, Mr. Yoshida, and Mr. Kishi, of increase in the raw material imported.

The arrival of the Megantic in the Mersey was mule the occasion for an exchange of greetings between the local St. John Ambulance Association and the Red Cross contingent from Japan. ENTERTAINED AT DINNER BY THE GOVERNMENT,

Property

the Japanese Embassy, Lord Rothschild, On the whole it may be said that in Cash ......

ASSETS.

Stock of Commissaries,

have

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{[NCORPORATED), NEW YORK⠀⠀⠀ HONGKONG AGENCY, QUEEN'S BUILDINGS,

Hongkong, 30th November, 1814,

JUST LANDED:

Increase

Decrease

HIRANO

MINERAL

Pesos.

Pe205.

WATER"

4,342.45

4,937.38 6,026 (3)

IN QUARTS, PINTS AND EPLITB.

305.29

Bottled by the

22,640.65

Wines, Liquors, etc. ..... 9,154.29 Prepaid Accounts Deficit, from Operatțioa.

I see one thing which has been widely virculated in the papers, viz, that some of the shells fired in the recent raid on the East Coast: failed to burst. I have even seen photographs of some of the shells that have been published in the picture papers! Of course it is very nice to let our own people know that some of their ammunition is faulty, but in giving the information to our own people we are the Earl of Onslow, Sir Claude Mac Japan the war will be as little responsible Accounts Receivable ....... also giving it to the enemy, and we are Donald, Sir Walter Langley, Mr. B. Fay in any country for current depression, only giving them the opportunity of their Alston, Sir Alfred Keogh, Sir Warren although it must necessarily intensify ten rectifying these faults. I am only one, Crooke-Lawless, Sir Be-jamin Franklin, dencies of weakness. The country is of course, but I have had quite sufficient the Hon. Arthur Stanley. M.P. Mr. E. favourably situated to make an early experience to convince me that we give A. Ridsdale, Mr. H. Bonar, and Mr. Frecovery from the effects of the war, and too much information away. The Navy E. Carter:

must not blame the latter exclusively if and Army are entrusted with the arduous

it does not do so.j task of bringing the war to as speedy a conclusion as is consistent with our national honour, and I don't think it fair TIGER HUNTING IN to those who have the responsibility of directing this gigantic undertaking that such incidents should be allowed to be published. I doubt if you will for the future bear that German shells fail to M Palkap in Leikwang District, North THE CONSCIOUS NEGATION OF burst. They will see to that, thanks to our impolitic information.

KOREA.

SOUTH

A message from Mokpo says that recently three Japances hunters went up

Choolado, on a tiger hunt. They sighted three tigers in the mountain and fired at the animals simultaneously. Oce baist

I was sorry to see some of the leading papers about three weeks ago demanding was shot dead on the spot, while another

·A· DUTCH VIEW OF GERMANY.

MORALITY.

The Dutch jurisprudent, Dr. van

13,406,68 33,205.20 IMPERIAL MINERAL WATER Co.,

LIABILITIES.

Reserve for Maintenance and Depreciation of Furnishing and Equip.

Accounts Payable

ment

5,033,45:

13,408.68

19,708 61

LTD., OSAKA.

By appointment to the Imperial Honsohold 25,865.6of Japan, Offcially Recommended by the Medical Colleges of The Imperial Univeralties 5,936.45 25,645.05 5,936,15

of Tokyo and Kyoto 19,708.01

more information, and bidding the was wounded and a third escaped unhurt. Gorkom, publishes in the Catholic news- Admiralty and War Office to "trust the One of the hunters named Ono ran in paper Tijd a remarkable leading article P.35,51616 written off through surplus people," bat surely for a successful prose pursuit of the injured animal while his on Germany. His point of view is not for organization expenses, otherwise this cution of the war it would be far better two companione want for the one that had in agreement with that of the majority of would show as a surplus from operatio

of P.19,880.51 for the people to trust the Admiralty escaped. Ono was surprised by the wound-Dutch writers.

The capital expenditures in the year. He says that the old Christian romantic and the War Office. Neither of thened beast, which had taken shelter in s

bush. I suddenly pounced upon him have failed in the slightest yet to do what the country expects of them. Their dis from behind and savagely hit him in the Germany is largely buried under the coal 1914, representing additions and better-

back of the head. The intrepid hunter dust and smoke of factories, and there is ment charged to Property Account,” position of ship and our Army have been managed to shake off the beast and put-a growing conscious negation of morality made up as follows:-

Buildings the admiration and wonder of the wholsting the muzzle of his gun right in its with modern heathenism and clod of Furnishings and Equipment ..... world and the chagrin and mortification mouth fired, killing it at once. Ono was earth" principles of life, of car fees. Then I for one say: Trust injured in many places during the This opinion, expressed in a leading thum and don't hamper their plans struggle, but was expected to be all rightCatholic newspaper, is remarkable, since Give them a free hand, don't abuse them again in about ten days.

if they don't see eve to eye with the a

chair critic. We should rever have dealt

many Catholio papers were in favour of Germany on account of her religious faith. and of France's "heathenism."

Total

(SAMPLES FREE),

i

„P:2,749.02.

BOLE AGENTE:

CALDBECK,

1,593.48

.P.4,342.4G

A Japanese telegram published in a

Von Spes such a crushing blow if the On the the 13th ult. King Albert made The writer fully recognises the fact of Shanghai contemporary says: The office MACGREGOR&C.

Admiralty had allowed to leak out the a trip in an aeroplane and flew over a the misdeeds of the German Army in of the German firm Diedrichsen & Co., at composition of the squadron they were German position for about an hour, carry- Belgium, and expresses his belief that Tainanfn, has been searched by the Japan- sending for that purpose. Let that ing out reconnaissances. The aeroplane there is a connection between the destruc ese gendarmerie and many German Isolated case prore to you how important was fired at by the Germans, but safely tion of some monuments and the doctrines Government stores in that office have been is this matter of secrecy.

returned to its base.

of certain military writers,

confiscated."

[20

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1015.

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