1915-08-27 — Page 2

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THE HONGKONG DAILY PRESS, FRIDAY, AUGUST 27th, 1915.

EFFECTS OF THE WAR. CONFIDENCE IN THE FUTURE. The 45th half-yearly meeting of the British North Borneo Company was held on July 28th at River Plate House, Finsbury-circus, London, the Rt. Hon. Sit West Ridgeway, 0.0.B., G.C.M.G., K.C.S.I., the chairman presiding.

The Secretary (Mr. Harington G. Forhes) having read the notice calling the meeting.

ducted.

BRITISH ENGINEERING IN CHINA.

The Times Engineering Supplement of. July 30th says:-

AMERICAN REGISTRY FOR

ELEVEN SHIPS.

ALLEGED GERMAN DEAL."

Washington correspondent said:-

Cabling on July 20th the Times

BRITISH NORTH BORNEO CO, industry much of the future prosperity of the company depends, and upon it wo have staked much, but I am confident as to the ime The exports of cop and cocoanu's show a gratifying increas The cutch industry alay shows lively signs of revival Excise has increased, but of course nothing like as much és wo had

An association has been registered as a hoped. Land settlement is progressing, and the revenue from that source is in: Private company under the title of the

The question of the transfer of ships in substantial for in our revenue returns, with the object of providing a not-com arise. According to the Associated Press,

and before long will become a Anglo-Chinese Engineers'

which German capital is interested to Association,

American registry is again likely to One of the chief sources of prosperity in petitive group of British manufacturing the Government has decided to allow the future, as I have before told you, is engineers with a sales organization in American registry to 11 vessels acquired our forests. I look to the export of dustries which will be al dich source of at the time of the reaction which must tain Mr. Richard G. Wagner.

China more effective than any existing by the American Transatlantic Company timber and pocoanut produce as in organization to bring orders to Britain of New York, of which the head is a cre The Chairman expressed great regret revenue in the future. During the year follow the war, at the death of Mr. J. A. Maitland, who construction!" lesers and in engineering firms from the aggressive from the Danish flag, but it seems as if to safeguard British The vessels worn ostensibly tnsferred had been a member of the court for the territory is still being vigorously concised by their competitors in

road

The search for oil in methods and Slato-aided pressure oxer- years, and who was especially helpful

in rendity German vessels were collected to his colleagues in matters oonnected

those by a Dutchman with money supplied by with finance.

regions, and to protect their markets a German capitalist from various ports in They had been fortunaté

THE FINANCIAL POSITION. in securing the service of Mr. Bromley-

The accounts show you that the receipts The promoters consider that no official way started.

against the fast-closing door in China Europe, where they had been since the Martin, the managing director of the year exceed the expenditure by form of mpresentation can achieve any to

of

This Dutchman is halierod Martin's Bank, to fill the vacancy, In £103,119, against a surplus of £100,000 groad success in Chinn, for the reason Denmark of violating Danish neutrality in a mam already convicted in the course of his subsequent remarks the in 1913 Accordingly, including the that Britain, as a nation, has no highly by trading with Germany. chairman said: The aditions under arry-over of last year, there is a credit specialized official commercial services as is believed to be a rather active German which we most to-day are very different balance of £18,363 169. Ed., and, after the other Powers have, and the British sympathizer, though of American citizen- Mr. Wagner from those which prevailed on July 14 deduoting the interest on the Debentures. Government Last year.

The shadow of the terrible deprecation, and other charges which nationals trading abroad that aid which

does no extend to its shin. war being waged has desconeded upon should be debited against the revenue, other Governments do to theirs; and in as about £40,000, and Mr. Wagner's com The value of the ships is represented North Borneo, and, ne in all other parts there rensing balance of £70,316 16. of the Empire, indeed of the world, pro 10d. Out of this balance we recommend buy from whomever has the goods mert Associated Press say that Mr. Wagner

view of the fact that the Chinese willpany is capitalized at £50,000. gress and prosperity have been checked dividend of 2 per cont, which amounts guited to their ideas and most convenion was waited by the Commissioner of checked, I say, for, although we have not to £46,101. This dividend we have for delivery, any organization which has Navigation that the ships would probably made the advance we anticipated, still we

earned during the year under review, and no competent engineers and surveyors or be seized if they have not gone back.

we do not propose to encroach, either the spot and a godown stock of all trade, but that the State Department has entered Mon European on our carry-over or on our reserve fund small engineering requirements at the sanctioned the transfer. for the purpose of dividend.

If this be s ber amounted to £517,657, which consisted not bring orders. It is proposed to have expected here that the Allies may have

Our investments at the end of Decem-engineers than write ports, which will technically Danish

ports can do nothing more for British presumably it is because the vessels wore of £161,000 Consols.

Nevertheless, it is stocks, £12,168 Treasury (Foreign) Bills, lish branches at such points us Canton,

£80,000 Colonel the head office at Peking and to estab-something to say in the matter. and £153326 subsidiary rubber and other Shanghai, and Hankos, where stocks of said :-Reference to these ships was made

In footnote to the cable the Times. shares. These, together with the advances materials suitable for local use would be in three columns on July 6, when it was last to a grand total of £1.025,414. Since would be shipped by the manufacturers United States were refused and the ships to companies, amounted at December 31 kept on sale. To begin with, these stocks pointed out that if registration in the that date some of the Treasury Bills have on consigament and would remain their proceeded to sea they would be pirates. further advances have been made, so that echemo provides for the accumulation of bought a number of steamers, but ou beon liquidated, but, on the other hand, property until disposed of; but the An agent of neutral nationality had the total sum mentioned remains praca orading reserve fund, by which the asso-account of the belief that he was acting ically the Ma though somewhat ciation would be enabled to pay cash for on behalf of the German shipowner Hugo differently distributed. In addition to our investmenta, at the end of December last there were advances to subsidary companies in London of £181,338 and in Burieo of £100,897, king together £292,233.

FR

KEROSENE. ASAHI BEER. derived from Customs and rail- but I hope not for long. I cannot fix

"HAT Oil do you get f and what do you

pay?

WE

Probably you tell your boy to gel just “Oil " from the Compradors. Why not tell him to

get

"FISH" OB

"CROWN"?

It is just as easy, and you will be certain to

g something good. Besides, you will pay

Lesa,

THEEZ IS NO BETTER OIL THAN

"FISH."

Proked in cases. Price $3.75 per case.

Tak BEST OIL JOS ORDINARY HOUSEHOLD

VAZ IS

"CROWN.”

Paoked in naked tins withoui cass. Pries for

2 tins, $3.50.

KUI TICK & Co. 73, Qason's Road West.

Hongkong, 7th Juve, 1915.

[728

JUST. RECEIVED:

SEEDS.

GRACA & CO..

No. 1. CAINE BOAD, Hongkong. Hongkong, 18th August, 1915.

(725

FOR EUROPE AND AMERIQA,

INDIZ, AVITRALIZ, RO....

and for

Qu

all stocks, thus ceasing to trade as guarantee firm and becoming an indepen- dent nebant company. Mr. Arthur J. Moore-Bennett is the managing director,

THE DUTY OF BRITONS. APPEAL BY SIR EVERARD FRASER.

The

arisen in working them. The idea is the Stinues difficulties are known, to have believed to have suggested itself of trans- ferring ships to Wagner and registering them in the United States.

HONGKONG POLICE RESERVE.

PARADES (CENTRAL POLICE STATION-6 P.M.) Friday, August 27th-1st and 2nd, Chinese

Platoons, ander own Commanders. Also All Recruits of Chinese Co., under Sergeant-Major. Band Recruits under Monday, August 30th-1st British Platoon

Crown-Sergeant C. M. S. Alves,

Tuesday, August 31st-fadian Platon under and 1st and 2nd Portuguese Platoons, under own Commanders.

Wednesday, Sept. 1st-3rd and 4th Chinese- Chief Inspector. Indian Recruits under Sergeant Major.

Platonus unier own Commanders. All

Thursday, Sept. 2nd-3rd and 4th Portuguese- Recruits of Chinese Co., under Chief Inspector.

Flatoonsunderown Commanders. Details from Portuguese og under Crown- Sergeant C. M. S. Alves.

THE REVENCE MAINTAINED. Year by year you have been taught to espect a large increase in your revenue, and for the last six years the annual increase has averaged £17,890. In 1913 the increase over the preceeding year was yearly £34,000, and we were confident that the year 1914 would furnish a HOME surplus largely exereding any which had been earned before. This forecast weald no doubt, have been justified if it had not been for this war, which is devastating the world and threatening the East with convulsion. On the outbreak of hostilities communication

at onoc cut off between Borneo, Singapore, and Hong kong, for you may not remember that the service between Singapore and Borneo was entirely, and between Borneo and Hongkong mainly, performed by a Ger-

Morewer, at the same date man company- Originally it was in the there were adyamces to companies in res bands of an English compatty, but they pet of guaranteed interest of a total sum sold it to the North German Lloyd with of £225,522. car having a voice in the matter.investments in and advances to subsidiary The grand total of the Consequently on this rupture of com munications trade suffered cruelly, and for no less than £061,083. Since January

companies at December 31 last was there there was great danger of famine, 1st this year we have agreed to make fur especially among the 20,000 to 30,000 ther advances to the subsidiary companies

Sir Everard Fraser, K. C.M.G., British Chiness on the estate operating in the of £91,893, in addition to which we have Consul-General, makes a telling appeat country who were dependent ou imported advanced as guaranteed interest a further to Britons in an introduction which he rice, thereby emphasizing the wisdom of sum of £17,735. our efforts to increase the cultivation of of guaranteed interest entirely ocases in as written to a pamphlet just issued

Our liability in respect paddi. Fortunately, the government of May next the territory was in the hands of a wise advances for guaranteed interest will Church's Call to the Nation, a sermon By that date our total from the N.C. Doily News office The and firm administrator (Governor Parr), amount-to-£263,272 In view, therefore, preached by Rey W. H. Price, in Holy nd he dealt promptly and effectually of the impossibility of disposing of our Trinty Cathedral on the occasion of the with the dangerous situation which had giltedged securities, and of the absorate departure of the last Shanghai Contin- thus been created. relieved the intense anxiety from which panies, besides raising

These prompt steps necessity for financing the subsidiary com-gett we suffered at that tinig.

Targe Nevertheless, enough to enable us to effect the con dress is published at my request because Sir Everard Fraser says: This ad- our revenue, as in other Eastern colonies, version of our Consols, we are compelled I believe that its plain speaking, however immediately began to fall, especially the to defer the distribution of the dividend, incongruous with our nestomed attitude of soff-complacence will be welcomed by ways. Exports and imports were also less any precise date. for all depends on the very many of my fellow-Britons, both in value that in 1913 by £212,603, Conse-condition of the market and whether we those who had, and those who had not, quently al hopes of an inleressed surplus can dispose of securities, and especially the privilege of listening to Mr. Price ou were destruyeid. Indeed, we had reason to fear that there would be so surplus at

War stock, without much losis.

the solemn occasion whan fifty of our pose, are posted to the above Platoon:-- The following, having joined for that pur- IMPORTANCE OF THE SUBSIDIARY COMPANIES. all. Therefore, considering these adverse

men ware leaving to dedicate themselves Edward Ho Tung, Chon Man Chan, Chau cincumstances, we ought to be well satis life blood of the Chartered Company. If

The subsidiary companies supply the to our country's cause

Yim Shang, Chan Pak Hong, Wei Yuen Tat, If we examine soberly the ultimate Li Wing, Tin Yuk On, and Leung Tong. fed that the territory yielded almost the same revenue for 1914 as it did in they did not exist there would be stag

ground for our common admiration of the men who volunteer for war service, we ination, and worse than stagnation-ge 1913-that is to sav, £34,000 moro than introgression, To the subsidiary companies shall find it based on our recognition of 1912. Could you have any more con- vincing evidence of the staying power of which has supplied as with a means, not comforts, and risking life itself for a wo owe, the prosperity we have attained, their giving up their positions and their the territory which you govern by virtue only of paying dividends, but of dis high ideal. of your Royal Charter 1

When we have realised charging our responsibilities as a govern THE CHAIRMAN'S VISIT TO THE TERRITORY.ing body. Having quoted figures show It was at this time that, with the con- ing the substantial results, directly and currence of my colleagues, I decided to indirectly, due to the operation of the visit the territory. arrived there at subsidiary companies on the revenue and the end of February, and found that general prosperity of the country, he con- under Mr. Parr's wise administration Eined: Another advantage which the things land in great measure righted territory owes to the subsidiary cum- to the front, and in some instances have Elementary Electricity and Chemistry, themselves as regards stownship communi-panies, is the Increase in cargo and cation with Singapore and a partial passenger business which enables a weekly cause revivil of trade. But other troubles service with Singapore. In short, it is He who pays grudgingly but a trifling beset us.

There was a severe drought, almost impossible to over-estimate the amount towards the Luse which injured agriculture and our rubber value of the planting companies to profess to honour, must rate very ligh and tobacco industries, and at one time British North Borneo or to realize what the sacrifice of his follows, and condemn treatened sevore scarcity of food among the backward condition of this company his own worth as a citizen of our Empire. the native population. Internal dis- and its finances would have been if it had There is a temptation arising out of turbances also broke out. Occurrexers not been for their establishment in the the weary length of the present struggle, such as these, rare as they have become in territory. We can only help those estates and its remoteness from our lives out recent years, show you the risks which where the security for our advances is here, to be contant with what has been have to

be encountered. the respon- adequate, showing preference to those done the money subscribed to various sibilities to be discharged, and the whose shareholders prove that they have funds, and the provision of passaga spirit of courage and resource which confidence in the estate and are willing to for several contingents: but to yield prevails in the excellent Civil Service of co-operate with the court in relieving to that temptation ia to be your territory; it compares favourably their -company from its difficulties, Shanghailander first and a British patriot with any other service-Colonial or other There is, however, a limit to our ability afterwards, to place self-indulgence be- with which I am acquainted. Naturally to make these advances, and that limit has for the discipline of self-denial, through our industries suffered by the war; for been almost if not quite reached.. Ho which alone is attained the self-control instance, tobacco and coal. Other indus concluded by moving the adoption of the that marks the gentleman. OBTAINABLE EVERYWHERE.result of the war are sage-flour, jungle

tries which have suffered severely as a report and accounts,

THE DAI NIPPON BREWERY

ASAHI

BEER

8OLE AGENTS:

& CO. TOKIO

JAPAN.

MITSU BUSSAN KAISHA

HONGKONA.

(381

rubber, damar dan, and hemp.

The Via Chairman (Mr. Edward Dent) seconded the motion.

The Chairman, in reply to questions, stated that the company owed nothing and had £60,000 to their credit at the bank. At every meeting of the company there were advocates of stagnation and advo- cates of progress, but in 1906 it was decided to adopt a policy of progress. If that policy had not been adopted, their wretched dividends of 1 per cent, or 2 per cent would have dwindled away, and, more than that, they would have lost their Charter.

When you consider all these adverso conditions, I think you will agree that we have done well to maintain our revenue, and are justified in anticipating the future with confidence. Moreover, the history of the year is not entirely one of stagnation and retrogression. There has been considerable progress under various heads of the administration. Develop ment has progressed, and all the great works in our programme, including the relaying of 10 out of 57 miles of railway DOUND VOLUMES of the ZIONGKONG | and the building of the Paper Bridg BERLY PRESS, JANUARY to JUNE,

a great engineering feat have been can- pleted. During my recent visit to the territory I was much struck by the-im proved appearance of Jesselton which has, in the short space of a few years, been transformed from a mere out-station The procedings terminated with a vota to a thriving and prosperous commercial of thanks to the chairman and the

ON BALE.

1915. With-INDEX. Price $7.50.

On Sale at the "HONGEong Daily Fazar" Hongkong, 10th August, 1915,

PRIVATE RESIDENON AT THE OUTPORTE,

--I-Comprehensive and Complete Besore | Office

of the

· NEWS OF THE FAR BASE

Is given in the

HONGKONG WEEKLY

PRESS.

with which is insorporated

REN OMINE OVERLAND. TRIDE REPOEL, Subscription, paid in advan33,

$10 per annum.

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DN. HALE,

TABLE OF TER

RATES OF EXCHANGE AT BOMBA

For Demand Drafte on London on the day of or preceding the departure of the English Maila; also Table of the Yearly Approximate Average for 85 year», FROM 1874 TO 1989.

port,

EXPENDITURE OF DEVELOPMENT.

The net proceeds of the two Debenture issues of 1912 and 1914 wore £868,723. Of this quot

£839,247 has bren

this, surely those of us who have sound reason of age, infirmity or paramount duty for staying on in China, cannot rest satisfied unless we likewise give up what we can for the same ideal, and so provide the full equivalent in our case for the splendid devotion of those who have gone already laid down their lives in our

We

1

Life as usual" is no motto for a trus man in these days; and the white feather is the proper badge of the skirker who, will not deny himself even his habitual superfluities of luxury in order to help our country's need.

How shot! wo Britons of Shanghai, when peace returns, endure the inevitable question: What part did ye play in the War if the answer must be that a considerable part of British Shanghai

cared for none of these things. honour and self-sacrifice, patriotism and self-discipline?

Therefore, I dedicate this leaflet to The motion was then adopted, and re- the Shanghai Branch of the Patriotic solutions were also passed declaring a League of Over-Seas Britons in the sure dividend of 2 per cent, ita distribution hope that the Mombers will preach its bring postponed for the present, and re-doctrine both in season and out of alecting the retiring directors auditors,

directors.

and sobom.

GERMAN SECRET WIRELESS IN LISBON.

FRENCH WOMEN AVIATORS

APPEAL TO SERVE.

me. Martha Richer, socretary of the Patriotio Union of French women Avia- tors, writes in the newspapers asking that wonin aviators should be employed.

AMBULANCE PLATOON.

JOINED.

Mok Sin Po, Olian Yuk Shi, Lam Kwok Tsui, The following have joined --Chan Kwai, and Mahomed Noor Amat.

UNIFORM REGULATIONS. Peak Caps may now be worn by all ranke,

SPECIAL SERVICE STAFF.

should apply in writing to the D. S. P. Appli

Members willing to train for Special Service cants should have some practical knowledge of either or any of the following and kindred matters-Sketching, Photography, Lango- ages, Shorthand, First Aid Pian-making, Motor car and Motor-Boat driving, Jiu-Jitsu, etc., etc.

PATROL INSTRUCTION,

The following are warned to report at the Charge Room, Central Police Station, as un- der. Uniform, with Caps. (Belts, Trancheons, ete, will be issued at the Charge Room.

Men warned for patrol are responsible for forthwith getting belt hooks fixed to their jackets. Same may be procured from Noor- din. Monday, August 20th:---

5.60 p.m. Sergeant Lammert, R. D. Wilks,

F.Hobbs, Goodwin, and Ramsey. 6.50 p.m.-Ireson, Robertson, Fothergill,

Packham, and Hooper.

Instruction in Water Police Patrol will be arranged later.

F. C. JERKIN

D. S. P. (Reserve).

HONGKONG VOLUNTEER CORPS.

ORDERS BY LIEUT.-GOL, A. CHAPMAN, V.D.

EXTENSION TO LEAVE. Lieut. Weall's leave of absence is extended to 20.0.15.

RESIGNATIONS. Pto. T. Fuller is permitted to resign, on leaving the Colony, dat

dated 25.8.15. Pte. A. Garcia is permitted to resign, on Ioaving the Colony, dated 26.8.15.

Pte. F. M. Johnson is permitted to resign, on leaving the Colony, dated 25.8.15.

WEEKLY REPORTS.

PARADES.

?

The weekly state is required at the Orderly Room not later than 5 pm, to-day, 27th inst Parades for Friday, 27th-instant- Nil.

DETAIL. Gun Club Hill, Kowloon

On duty until morning of 31st instant

H. K. V. R.

Detention Camp, Kowloon :-

On duty until morning of 31st: instant-

H. K., V. R.

C. E. STEWART, Captain,

Adjutant, H.K.V. Corps.

MIKE'S SPADE.

At an officers' mess there was great

expended. The principal heads of this Three wireless installations, fully railway, £251,274; public works, includ- been found in different parts of Lisbon, plish all the tasks entrusted to us. We expenditure are the reconstruction of the equipped with Morse apparatus, have We are able," she writes, " to accom. ing the development programme for They are attributed o the ramifications of offer our services gratuitously to France Jesselton, wireless telegraphy. immigraGerman capiusage. One wireless station or to any of the Allied nations who laughter at the story of one of our men, tion, etc., £263,055: and the advances to was discovered on the fourth floor of a employ us. companies, including guaranteed interest, house in the town.

When we dew for sport we who had spent his last cartridge in i arrests were risked our lives, and the sacrifice which defending an attack. "Hand me down" £324,916, the whole of which is recover made of persons who e fessed to having we are offering to make now does not, your spade, Mike," he said. and as six able. The advances have been made erected three other s' in different therefore, come into account. chiefly to rubber estates, and rubber has localities of Lisbon.

If the Germans came me by one round the end hey were appre authorities do not wish to make use of of a traverse, he split each man'a skull flourished in a very satisfactory way. handed by order of the Government. our services near the enemy, we could open with a deadly blow. On Bale at the DAILY Fans Uffes of invariably commands almost if not the the Germans are at the bottom of the guard over towns, and let them go to the Borneo rubber is of the best quality, and Further information, goes to show that replace good pilots engaged in keeping highest prices in the market. On this matter.

PRIOR

Loil Booksellers.

89 CASE.

front"

chaplain, laughing very heartily. That **Splendid fellow!" said a military

man ought to have the Victoria Cross,”

WE