1915-05-24 — Page 2

INATIONS

MOUTRIE PIANOS

NEW MODEL OVERSTRUNG.

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INSPECTION INVITED,

THE HONGKONG DAILY PRESS, MONDAY, MAY 24TH, 1915.

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PRINTING & BINDING

OF EVERY DESCRIPTION EXECUTED. AT THE OFFICES OF THE

VALUES IN THE will not allow them to be written up BALANCE SHEET.

MARRIAGES BETWEEN SECURITY

AMERICANS AND CHINESE.

CHINESE WOMAN CANNOT TAKE

AMERICAN NATIONALITY,

Judge C. S. Lobingier of the Ụ. 8. Court for China has handed down his decision in the divorce case brought by John A. Richards against his wife, Mary

Paine Richards, a Chineso, woman.

The decision is of unusual interest for the reason that Judge Lobingier holds that a Chinese woman by marrying an American does not by that net become an

American..

Judge Lobingior in the course of his judgment aid-

The first question to be determined is Que of jurisdiction. That this Court is authorised to apply and enfores all applicable Acts of Congres including those relating to divorce, is now well established and this would ordinarily remove any question as to jurisdiction of the subject matter. On the other hand, the marriage of the defendant, even though of alien birth, would normally change her citizenship to that of her Inusband, which would likewise give juris diction of the person.

The difficulty in the case arises from the fact that the defendant is not of a

A Company Secretary who has to draw a balance sheet in which Stock Exchange ourities appear is faced with a number of now problems under present conditions. In the ordinary way the Official List is a good enough guide to the realisable value of investments, but in these days of minimum prices for high

again if they appreciate, although the appreciation may be realised by selling thom; thus a temptation to sell them occurs which otherwise would not exist. A way out of the difficulty is to set up a depreciation reserve among the liabilities instead of putting the investments at a reduced 6gure in the assets; then if the investments appreciate, the necessity for the depreciation reserve disappears, and the auditors cannot object to its being

GERMAN FICTION.

LIES ABOUT HILL 00. Headlines in German newspapers show Low the German General Staff: by felse reports of the fighting round Ypres, led the Germans to acclaim it as another glorious victory over the British. Not content with lies of its own, the Staff has issued the following ballotin uocusing the British War Office of untruth -

from apparently official French and Eng Foreign countries are being fooded

ENGLISH;"

FRENCH: Gaulois,

In

DALDANCILES LIES, TOO. The Tägliche Rundschau, the Berlin military and naval organ, prints a fictitious list of English and French naval losses in the Dardanelles. addition to the sinking of the Irresistible, Orcan, 15, and Bouvet, Germany or blandly led to believe that the following warehips (whose displacement, armament, and speed are given in each case, in order to emphasise the gravity of the damage) have been more or less put out of action: Queen Elizabeth, London, Lord Nelson, Inferible,

Prince George, Cornwallis, Triumph, Albion Euryalus, Dartmouth,

Amethyst, Sapphire,

class.stocks and the absence of a market

usad for some other parpost, for some others, which are in normal

Nobody of course can foretell the problish ours with triumphant news of times negotiable at any rate somewhere able course of the market for securities alleged successos by our foc in the All these co0- near theis List prices, nominal quotations of the class known as "gilt.odged" after western theatre of war.

tentions aro simply invented.

To wa really mean nothing The lead usually the war is over and the question of writ given by auditors is non-existent at the ing them down at the present time arises dict them in detail is not worth while. present time; auditors mostly contenting from a wholesome desire to be on the suffices to compare them with the

official German war reports." themselves by remarking that no.

safe side," a rule which fortunately has valuation of the investments is possible always been the guiding principle of our under present conditions." But anybody great banks and insurance companies, responsible for the preparation of a Depreciation " has been the most balance sheet just now will hardly feel unpleasant reality of the past ten years that the question ought to be left at or so for all connected with those and this point. The securities may be left at similar institutions, but hope has never the value at which they stood in the pre-flagged that the tide would turn some vious balance sheet or they may be taken day. Twenty years ago, however, the story at July 30th prices; in either case they was a very different one; then the prob- Tem was the appreciation of investments, cannot be realised at them. Should an allowance for further possible deprecia. Some of the most far-sighted of financial sion be made, and what should be the constudents saw no prospect other than a siderations which determine its amount continual fall in the rate of interest to Very much must depend upon the purbe obtained on goodcurity and wore pose served by the holding of the invest much exercised in their minds regarding ments. Even in normal times, though it the problem of finding investments that would be financially unsound to carry were worth while. If the war is followed investments in a balance sheet at more by a pause in the rate of the world's Majestic, than their realisable values if they were development it is possible that the depre

held as a means of providing funds by ciation question may solver itself their atle or by depositing them as too; int for the time being it exists and security for a loan, it is quite arguabla has to be faced by making balance sheets. that there is no unsounda sa involved in as healthy as possibs,From the Journal If this were en action in personam disregarding realisable value where in of the Chartered Institute of Boretaries. Dublin where pecuniary or cher relied were restalents are held purdy for the sake of sought directly against the defendant, afincome and that incomo has not been. different question would be present Bimpaired either actually or even prospec the American Government has reserved to tively. A Truster is under no obligation itself jurisdiction of

to use the income from a trust fund under his control to make-good any depreciation which may have occurred in its capital value: such a proceeding where the trust fund is wholly inv:sted in authorised securities would obviously be absurd, Henco such concerns as investment trust

class who might herself be lawfully naturalized" in any other way, and therefore could not, under the American law, bo naturalized by marriage. The question is whether this fact affects the jurisdiction not merely of the defendant's person (which her voluntary appearance waivos) but (sincs a defendant in this Court must ordinarily be an American citizen) of the subject matter?

"All questions in regard of rights, whether of property or person, arising 99 between citizens of the United States in

And has endowed its Courts

“HONGKONG DAILY PRESS,"

WHICH ARE REPLETE WITH ALL THE LATEST AND MOST UP-TO-DATE APPLIANCES FOR THE PROMPT PRODUCTION OF

HIGH-CLASS WORK.

ILLUSTRATED CATALOGUES.

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INVITATION CARDS.

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With all the judicial authority news sary to execute the provisions of such

به جایت

Suffron, Léon Gambetta. One destroyer,

Two waterpiones.

TRAGICSUICIDE IN SHANGHAI. FILLING THE GERMAN CHEST

A HUNT FOR GOLD BULLETS."

The Berlin correspondent of the New. Fork Times sends a picturesque descrip tion of the frantic bunt for stray gold which it is claimed, has brought in the to the Imperial War Chest.

treaties respectively, in regard to civil companies are fully justified in the course after 11 o'clock the sound of a shot was equivalent of over 40 millions sterling

matter."

COMMERCIAL STATIONERY is considered immaterial; for the purpose Banks, for instance, hold their

EXECUTED

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ACCURACY AND DESPATCH WITH NEATNESS, UNDER EXPERIENCED EUROPEAN SUPERVISION, AT REASONABLE

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MACHINE-RULING, GOLD-LETTERING, MARBLING, Bro. EXECUTED ON THE PREMISES AT THE SHORTEST NOTICE. LAW WORK A SPECIALITY. LEDGERS AND ACCOUNT BOOKS.;

AT PRICES WHICH COMPARE FAVOURABLY WITH THOSE OF ANY OTHER ESTABLISHMENT IN THE FAR EAST.

ESTIMATES FURNISHED,

1525

The death of Mr. Ernest Murray Bishop occurred tragically at the Palace Hotel, Shanghai, late on Saturday night, the lith inst. The deceased was last seen alive in his room at the hotel about 8.30 and apparently all was then welt. Shortly they take in normal times. They make no heard, and the menager of the hotel, sum rights whether of property or persons."

The movement to provide the Kaiser's Moreover, it is the general rule that secret of the fact that the value of their moned to Mr. Bishop's room by a house. even extraterritorial courts like this have investments, though it should and docs boy; saw him reclining in a corner of the Government with gold bullets"

in most cases have some influence is by room; and the police and a doctor were abarted by Frau von Borsig, the wife of a jurisdiction of procedings in rem re- gardless of the citizenship of a defendant no means paramount in determining the at once summoned. He presented a tor-well-known captain of industry, who, in dividend to be distributed. They make rible appearance, the upper part of his two weeks, collected 600 golden coins from therein.

Actions in rem are maintainable a valuation of their securitics, mainly for head having been blown off. The wound the inhabitants of two Brandenburg

Her succes encouraged the parties, but only over the subject to calculate what their stock would be gun, both barrels of which had been dis-legion of collectors all over the Empire. where the court has no jurisdiction over the benent of their stockholders, who like was inflicted by a double-barrelled shot villages.

worth upon the basis of a distribution of charged. There was a box of cartridges One miller offered alb. of war wheat flour Now it is settled by a propondane of assets, quite oblivious of the fact that this in the room, The body was removed to for every gold piece brought to him by authority that a simple action for has nothing to do with the objects of the the mortuary, and the police tock charge December 31st, to be exchanged for paper. This year they of certain papers, including two notes in He collected £3,000 sterling. Newspapers divorce, without alimony or other percompany's formation, sonal relief, is a proceding in remhavs merely prepared their balance sheets pencil apparently written a little while offered prizes for each 4,000 gold coine.

The res is the status of marriage, heal as usual with investments at cost or before the tragedy took place.

One newspaper exchanged in this way The inquest was opened by Mr. G. W£200,000. to the domicile. Hence the prevailing under or whatever formula they use

Soon all the school-children were rule gives jurisdiction of such a proced habitually, and have told their share King, Coroner, at the Public Mortuary. ing to the forum of plaintiff's residence, holders that a valuation cannot be made. Formal evidence of identification was engaged in the business of exchanging The residonec or citizenship of defendant Other people are not in a position to do given by Mr. James K. Hutton, sub notes for gold coin, to be delivered to the manager of the Hongkong and Shanghai Reichsbank, their reward being a holiday of the proceeding is to fix the status of investments as realisable assets against Bank, who said the decused was a sub-for each aggregate of 4,000. Patriotin the one who invokes the Court's juris-their-demand liabilities; that they assets accountant at the Bank The inquest associations took up the cry, and decor diction

was then adjourned.

ated the collector of every £10 sterling Every State has an undoubted right pe for the time being" frozes, up" is

The deceased, who was forty years of

with an Iron cross, while moving-picture to determine the status, or donestie and b side the point, in time they must pro sceinl condition, of the persons daniciled sumably become liquid again but age, and usuarried, had been in the ser- establishments and even publichouses what values? Obviously if further deprevies of the Bank for eighteen years, dur-

Hundreds of thousands of postal cards within its territory."**

This is the doctrine not alone of thciation is going to secur provision oughting which time he worked in Calcutta. Brantad reduced prices in return for gold. were circulated explaining why it must American courts but of authorities on to be made for it as soon as possible. Hongkong, Hankow, Nagasaki, and

After having been at the be considered a patriotic duty to private international lay as well, eme of Consequently the banks are either setting Shanghai. whom discusses the question ns fellows aside special depreciation reserves or ars Shanghai office for a few months, he went exchange gold for paper, the result being What are we to say, however, to the carrying forward larger sums which will home on Lave for six months, returning that every one dutifully sent all the gold Since that time coins in his possession to the Reichsbank, case where one spouse only btains available if they are required, for the slut three weeks ago naturalisation in a foreign country, and purpose of writing down security values, says dhe .. Daily News, he had appear receiving in return, new bank-notes. has himself divorced theret If, as is Insurancs companies in the ordinary wayed to be in exosllent health, and there was the cass in Francs, the law does not pro have to certify to the Board of Trade that nothing to singgest he was in trouble of vide that the naturalisation of the hu- the investments in their balance sheets are any kind. band affects the wife ipso jure, such cases will occur not unfrequently. Laurent thinks that such a confict, supposing that the persunal law of the other spouse dos not allow divores ca the same conditions, is, from the point of view of positive law insoluble. He thinks, however, that the State to which the one spouse has gone over, must give him or her a divorce with all its consequences, and as a matter of fact judgments to this effect have been pronounced bath by the Courts of First Instanon and by the Appeal Courb, at

10A, DES VEUX ROAD. HONGKONG. Brus."

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Mr. Bishop was well-known in Hong kong, and the news of his tragic end comes as a painful shock to his many friends.

GERMAN STATE AID FOR BABIES.

£50,000,000 ANNUAL GRANT.

The

the

A WIFE'S VISIT TO THE FRONT.

FRENCH CAPTAIN'S ORIME.

fully of the valus stated therein," but this year the Roard of Trade has allowed then to take the prices of December 31st,

In Paris, on April 11th the trial took 1913 -Some of them have used June 30th.

place by Court-martial of Captain Hèrail, of the 11th Hussars, on a charge of mur 1914. pries and even 30th July priors, instead, so as to make their figures appear

dering his wife. The story is a tragedy of a trifle more up to date, but it is imma

the most heartrending sort Captain terial what date is taken for all the guide

Hérail was an excellent cheer and it is to futuro valnes. In the United

a devoted husband. His wilo was eyen Stakes the insurques companies have been

Military babies, as distinguished from more devoted to him; her affection was, authorised to us official quotations for

war babies, have long been a recognised in fact, so great that it continually inter June 30th, 1914, exezpt in those cases

There are huirfered with his military duties. where it should appear that, by reason of feature of German life.

In November, Captain Hérail, after Where, as in this case, the Court is no subsequent occurrebe affecting the dreds of unmarried mothers in every Ger extraterritorial one, citizenship as well as intrinsic worth of particular securities, man garrison town and university town. having fought through the Lorraine cam- residence on the part of the plaintif such quotations would not fairly repre

Germany is now debating the war-babypaign, was ordered with his regiment to Compiègno. His wife immediately camo semi-official Cologne might be necessary; but here the plaintiff sent the actual value of inch secuities problem

eets that requirement There Ferms to

There were orders that no German was staying. Fe no doubt, consequently, that this Court und: normal conditions." The Superin-frazette of April 19th publishes prouin up to see him from Narbonne, where the.

tendent of the New York Insurance ently an article from

ollicers wives should be allowed in the his jurisdiction of the subject matter,

Under the foregoing doctrino, jurisdie Department sems to be very well satisfied Criminal Law Gazette dealing with the town,and Captain Hérail's colonel twise tion of defendant's person is not essential with this ruling, but it is difficult to see question of ate aid for large families reminded him that these orders must be by the relief sought and granted, the question of any general depreciation Breslau jurist, in view of the loss to the main purpose of the action being the there may be, until some other time. country of so many men, pleads for radi tö maintain Germany's determination of plaintiff's status. That Events of cours may justify this priucal measures of defendant is left to be fixed by the law ciple, but merely to ignore possible million-a-year birth-rate.

The Fatherland's need for babies, now and Courts of defendant's domicile, depreciation in the future when it un- Accordingly, nust American tribunals doubtedly exists at the present tim: does greater than ever, be declares, cannot be measures such as regularly take jurisdiction where theser-nst seem to be the soundest way of dealing met by half-way " vice of process upon the defendant is with a difficult watter. The New York facilitating marriage of State employees, constructive only, and effected by publi- reling, it should be noted, appli 6 to all liberalising divorce laws, or penalising

A life bachelors. In this case, however, the class of insurance companies,

He says small families are cation. defendant was not only served with a insurance company keeps its funds the dangerous vogue in Germany and principally becue. of summons within the Court's, territorial invest d merely far the sake of the incom elsewhere, jurisdiction, but has voluntarily appeared from them which it takes into account parents' fear of the high cest of raising and submitted herself thereto. That, against future babilities, and in the several children under modern conditions. alore, has been considered suficient to ordinary course t should not have to. The jurist then says:

"The fate of nations, particularly the confer jurisdiction upon a court of such dispose of investments at all. Therefor?.

a character as this,

to leave, but she refused. He received a fortnight's imprisonment on account of bis wife's continued presengs and his recommendation for the Legion of Honour was' cancelled. Still she refused to go, saying that the military authoritien had no right to order her about.

On December 14 the colonel wet to the house where Captain Hérail and his wife were staying and told him that if his wife did not leave at once he would bo Court-martialled. Captain Hérail weat into the next room to tell his wife, that she must go. A minute or two pass d then the colonel heard three revolver shotg Horail lying dead. and, rushing into the room, found Mar

Her husband hnd shot her.

During the painful cross-examination

The ground set forth in the petition is as long as it can show a rate of interest future of our own people, cats in the nur- adultery, and the evidence in support earned on them in excess of the rate it. If there is any means of ecmbal:- thereof appears to be conclusive. Indeed his assumed it will receive its positioning a decreasing birth-rate at all, the one of the trial Captain Hérail repeatedly Obviously overwhelmed there is disinterested tatimosy that need not become sound oss it has thing that can be done is that the State broke down. defendant herself, after seeing the pe ito stud up for same reason, A bir hall assume the cost of raising children with grief. be aroused the pity of the One after another his tion. stated that it was substantially true. insurance company, on the other hand on the most comprehensive and generous whole Cort

The problem, especially on its brother officers testified to his high charac- This is a ground for absolute divores be:ps an invested reserve in order to be scale under the Acts of Congress relating to in a position to meet any special demand financial side, is a gigasie oue, but it is ter and ability. Finally, Maitre Henri both the District of Columbia and Alaska un i's resources such as would follow an no respect incapable of solution. It Robert, the celebrated barrister, in a which we are authorised to enforce great conflagration. This possibility has been estimated that £50,000,000 a year impassioned speech, pleaded for a lenient That is hardly a view of the case reading in conclusion m There being no question of fact in the must always enter into the financial would be required. care and the Courts's jurisdiction bring arrangments of a fire insurance company tenth of what the war has already cost letter written to him by the mother of the WINE & SPIRIT MERCHANTS, thus established, we must find that the and it ought not therefore to value its Gemmy. But this sum, or even a larger murdered woman herself imploring him

plaintiff is entitled to a decree of divores assets at more than they would fetch it on, simply must be found, because the to do what he could for her son-in-law.

Amid the cheers of the audience the a rinculo matrimonii,

it had to realise them for the purpose of vitully of the German nation is at stak It is accordingly considered and

and ne other means for permanently meet Judge pronounced his acquittal. paying claims. dered that the bonds of matrimony If therefore securities are owned ning the emergency are available. The war heretofore existing between the plaintif

cash assets" they ought to be written is doing much to emphasis the urgent and defendant be and they hereby are down somewhat drastically in order to necessity of grappling with this issue or dissolved absolutely. If the defendant cover to resources in Cass of emergency, thorough-going and magnificent lines,** * were an American citizen we should apps but if they are only held for income there

The Cologne Gazette comments signifi- the statute which prohibits remarriage by the guilty spouse. But as we have found is no reason why any departure need be caly-The author of this proposal The immediate costs of the war that the defendant is an alien, we shall made from normal practice. There is as to underestimate its financial mag not attempt to impose that restriction nor strong inducement in the ordinary way titude. to require the payment of costs by her, not to write down investments when it is now and to come, arr so vast and will as leaving both of these matters to the believed that they may recover, for audi-haust the tax-paying power of the adjudication of the tribanals of her own tors, while they have a habit of calling nation that a £50,000,000 grant for

attention to any depreciation in them, children-raising will hardly be possible. I

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The Matin publisher the following details about the length of front on which the Allied Armies ere fighting:→

In the West the French occupy a front of 543 miles, the British 31 miles, the 392 miles. In the East our Russian Alice Belgians 17 miles, making altogether have to hold a line extending over 8561 miles, while in the South the Serbians and Montenegrins cover 218 mies. This brings the entire length of the fighting fronts np to the enormous total of 1,067) miles.