1916-08-08 — Page 2

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Hongkong, 8th August, 1916.

PRICES AS USUAL

JUST LANDED:

A SUPPLY OF

[870

THE CHEMICAL INDUSTRY,

GERMANY HOPES TO RECOVER

LOST MARKETS.

The Hostility and Supply Committee

THE SHANGEAI KLEBANG

CASE.

INTERESTING ACTION AT

PENANG

MR. HUGO REISS GIVES EVIDENCE.

This case, in which the plaintiffs are the Shanghai Klebang Rubber Estate, Ltd., in quilation, and the defendants the Bauking and Trading Corporation Nauden Ten Cate and the Hon. Arthur Robert Adams (trustee of the defendant corporationis being fought out at the Supreme Court, Penang.

HUNNISH BRUTALITY.

TWO BRITISH SOLDIERS CRUCIFIED.

The following is extractedstrom a letter received by a Hongkong gentleman in the last English mail--

I heard this from a lady who has son out there in France. They had come out of the trenches, after a warm time, For a rest, and, he and sug others bad to sleep in an empty cottage, so they all slept in one room. Before turning in they were looking round and came on two of our men nailed on the backs of It will be remembered that the Shangro doors. They had been wounded, but Klebang Rabber Estates, Ltd., was their bodies were terribly mutilated; wound up voluntarily and a liquidatar they had been bayoneted all over their was duly appointed for the purposes of bodies. the winding up. The defendants in the ense were notified, that the liquidator was willing to pay off and redeem the whole the debenture stock at par with interest on Janukey 15th, 1916, The defendants declined to accept payment and denied the right of the liquidator to redeem the debenture stock, The ques tion at issue was whether the plaintifi company was entitled to do so not,

of

One is not surprised to find the writer, although a lady, adding that it would be only fair retribution for this and other instances of Hunnish brutality if the Kaiser and his son were cut in. pieces a bit at a time."

CASUALTIES.

THE CANTON

HOW THE MANY WOUNDED ARE

TENDED

LUNG, THE RECLUSE.

A LEADER WHO HIDES HIMSELF.

General Laing, is a recluse, it not by 1) Dur. Sperint_Representative.) choice." Brave and determined though he The arrangements made by General may be, he is never seen among his men, Lung's people for the care of the wound and it is only on rare occasious that he ed are so wholly indequate that the has been known to visit the City, which various Christian hospitals in Canton he governs. Only a few of the oldest have had to come forward to assist, and of Sharpeen residents, also, can recollect this they are doing in a most, noblé, and more than a few occasions upon which praiseworthy manner. British, American he has ventured to visit the little Settie- and French are combining to relieve the ment during their long period of resid-A sufferings of the wounded soldiers who ence there. These speak of him as a full, are brought from the firing line by junks,brond-shouldered, heavily-built mane one and chairs, or on the shoulders of their who looks a soldier; hai a man, also, who comrades.

walks abenail

in hodily fear of his. These wounded Chinese soldiers are own soldiers and citizens. It is because very staical and patient.

I found many

of this hut Lang is, practically, never ́examples - of this during, a visit to

seen outside his self-constructed prison at the American hospital on Sunday after- noon, where every facility was afforded the base of the distant White Clond Mountains, which can only be faintly me for inspeeting the various wards. All of them were full of wounded men.

discerned from the City itself. Lang has song of whom, though fully aware that many telephones, and faithful messenger they could not recover, smiled at the however, and it is by these metris that sight of a strange. European fare, he keeps in touch with his men in the naked why they smiled, and was informed field Ele speaks very little English, and that these dying men were of the opinion when the necessity arises for him to con- that I had come with new ideas and new verse in that language. he calls his medicine which would save them from the grave. I was pitiful to Ser changed expressions when I left the wards without having ministered in any way to their hopes.

brother to his aid, the datter being the thoroughly conversant with the English

tongue, besides being a most state assist aut to his brother in the troublous tünes. through which he is passing

HONGKONG RUBBER. The rat defendant denies that the plaintiff voinpany or liquidator is entitled

As a result of the first year's tapping. to redrem ni par the debenture stock the Hongkong (Selangor) Rubber Com which he points out bears interest at 8 per coul. per annum and ranks for any reports a net profit of £263 after un Debentures and dividend pari porn with the ordinary paying interest capital of the company after the ordinary

fonas." The output was 30,741, and the shareholders shall have first received a average selling price obtained s. 9.55d. dividend of 10 per cent. per annout in No particulars of the "all in" cost are any year. He avery that the estate is furnished, but the figures, if available, now in air advanced state of cultivation would probably not be ang guidance for and that consequently and owing to the the current year, when it is estimated kigh price of rubber the orlianry share

that there will be a production of holders would soon have received divid74,000lb. This yield should enable the ends of more than 10 per cent. in any one directors to begin payment of dividend, year in which the debenture stockholders as it only requires about £2,400 to pay would share rateably as aforesaid. This defendant also states that at the date of The alleged winding up, the company was not in Gnancial diffclties and that the 750 acres which, when in full bearing; were vesting after a strenuous morning's The company has a planted area of

In the absence of any Europeans--who | sole purpose of the alleged winding up should earn $0 per cent. on the capital was to deprive the debenture stockholders employed, with a profit of Bd. per lb.

work, following the night fighting-I was of their rights to participate in the The debentures issued total £3,970, and conducted through the various wards byat, the present time. He lives in what future earnings of the company and such they are redeemable at par from 1920-24. Dr. Jen Hok Sing, who stated that the appears.

most formidable winding up under the eirennstances is therefore a fraud upon thin defendant..

Power is taken to increase the amount The first defendant claims (in the event to £15,000. hat persumably this will not medical staff had all been working prae castle, surrounded by masses of wirs

ኒ። entanglements, electrified of the Court allowing the plaintiffs'e exercised except in the event of the fically night and day since the big fight elim and in addition to the amount due remaining area-5 acres being opened commenced in the Shekweitong aren, and for principal and interest on the said. There is not a very free marker in they had had many severe enses to deal unknown except in the faithful few, and debenture stocks), *

the shares, says an EM.S paper, but with, along with some which were quite with hundreds of picked soldiers con- (a) damages- $150,000 for breach of they are worth looking at anything near agreement, fraud and breach of cover

.tnts, e

(b) such further and other reliefs as muy seem proper.

Debenture interest and 10 per cent. on the share capital of £30,000

90.

SHIPPING NOTES, CHINESE GUNBOAT SUNK NEAR TAISHEK.

Oficial notice is given that it is, re- ported that a Chinese gunboat lies sunk n the fairway at Taishek Barrier. Fessels should, therefore, Davigate in the vicinity with caution. As soon as it is possible to do so steps will be taken to have the wreck removed.

BRITISH SEAMAN IN TROUBLE.

It is extremely dangerous for anyone to attempt to approach Lung's quarters,

to

Ex

intervalá

remarkable. As one passed along and stantly parading up and down or hiding saw the various ways, some quite slight, among bushes and other such cover. ́ ́In others horrible and revolting, in which addition to these precautions certain these soldiers had been wounded, it was only areas in the vicinity of the building are natural that one's thoughts should turn mined, the mines having been laid by to the fighting in the trenches in Europe. Germans, one of whom lost his life in 'In Many of these soldiers of Lung had been the course of such employment. form and manirued in the most terrible approach Lang's quarters, therefore, fashion, and the question uppermost in requires considerable nerve, and thes the mind was What must it be for soldiers he has selected to form his body. our own men in the great war areas guard act, promptly when anything or where the latter death-dealing devices are in usef

Mr. W. E. Cleaver (For the plaintiffs) pointed out that according to the counter elaiur of the first defondant his lordship would see that there was an allegation that this winding up was fraudulent. The onus of proving any fraud, however, was upon the first defendant. This was not the first occasion in which the ques tion as to whether it was fraudulent or. permissible to liquidate for the express purpose of getting rid of debenture stock had been brought into Court... The ques

anyone auspicious crosses their path. They" - tion as to whether the plaintiff company was entitled to do so or not had fully

The wards at the American hospital realise that intriguers are busily engaged for dealt with in a book on companies by

have been divided off into slight, serious, in seeking out ways and means Sir Francis Palmer * TANK

A British seaman, named Cooper, was and very serious-practically fatalenses, attacking Lung personally, and the It was, however, neccssury, before deal-charged before Mr. Hamland, at the report entitled The future of the question-of-facis raised in the pleadings; riesha coolie and with causing damage, ed wonds in the legs and arms and of these schemes find th of France has recently made public sing with the question, to deside on the Police Court yesterday with ussaulting In the first-named the men have sustain penalties, to be imposed should my one way into the chemical industry and Germany."-" The namely, as to whether or not the com- Complainant said he took defendant to alight body wounds, Many of these General's stronghold are such that cach following is a summary of the report.

Before the war the German chemical in Pay was permitted to pass the resolu- Ship Street, and when they had reached patients were sitting up and joking with soldier is always extremely anxious to

tions for the winding up If the court their destination defendant' would not dustry was in a position monopolise decided in the affirmative the facts put pay him, but, instead, struck him on the each other, and they all had a friendly avoid them. The guard walk about the for the world's market, its exports aggre forward then the fiext question would be mouth. Eventually defendant, who was smile for a visitor. The serious bidden area with their fingers on the gating 000,000,000 marks a year. With whether or not the passing of the resolu- drunk at the time, paid him five cents. ward contains men who have been wound-triggers of their guns, and at the slightest the prolungation of the war many pro tions entitled the company to redeem this An officer from the ship on which defended in the body, principally, or have had unusual noise or movement the gun is jeets have been set afoot in the allied and debenture stock. The question, however, ant is employed gave him a good charac neutral countries to take up the industry depended mainly on the construction of ter. A fine of $3 was imposed for the their legs and arms fractured. One poprheld on the hip in readiness for firing. to the great concern of German man the Trustee. In dealing with the ques-assault, and 30 cents was awarded as fellow whose arm has been badly shatter- The majority of the Chinese soldiers fire facturers. The Germans say that before tion of facts and regarding the resolu-damages. The war the United States. bought of tions-ne would produce the Company's

ed by shrapnel, had had it amputated from the hip, and have been known to theru annually some 400,000,000 marks Minute Book which contained the state- worth of chemical manufactures, but soon ment made by the chairman that these

only half an hour before my arrival hit a target considered difficult by on after the outbreak of the war this drop-utions were passed and the minutes

He looked at me and blinked, and, but who sights, rifle ped to 80 per cent., to disappear altoge signed by the chairm ther later, as the allied, blockade tight-f These ininutes, counsel submitted, were

Mr. Martia-1 understand they are for the missing lib; there was nothing quoted at a considerable preu. You to indicate the agony through which he At the present time Lung is never seen eued. Formerly they sent 25,000 tons ofž prima facie evidence regarding the pass & Potts, Shanghai, They are quoted by must have passed. There were many patside his stronghold at the foot of the Enow Mr. S. S. Benjamin, of Benjamin

en with bad fractures of arms and legs mountains. It is said that he occasion... some with stunshed jaws, and other ally ascends the mountains to obtain a His lordslin-Hare thee minutes been witness admitted that since the recon- through whose abdomens the pointed view of the fighting, and that eveu in

were

dye stuff to America, but none now. ning of the resolutions, and in the absener three times in America, where the dye conclusive evidence. consequence the price has risen two or of any rebutting evidence they should be him at 81.20 on July 5th.

Witness enid on Thursday or Friday, manufacturers have doubled their former

July 6 or 7, they were quoted at one tael. outputs, while there are now three new confirmed at a subsequent meeting ! concerts engaged in the industry, - in Mr. Cleaver--Yes.

struction of the company the shares have addition to the five of establishments,

Council here submitted a rertifented at one time or other beri at a considered bullets have passed and gone out this secluded area he is escorted by a The American satput, which was 9,000 copy of the memorandum of the Com-able premium. When the company did at the back. In many of these last cases numerous body guard. He fears assassi tons in 1915, will rise to 16,000 tons in pany's Articles of Association as an ex-reconstruct there was a considerable boon: 1916, and if the Senate passes the Bil tohibit and referred to certain, articles con- on rubber in Shanghai. Shares the men lonk, particularly healthy, but nation even when walking in the moun CALDBECK, increase protective duty for the stuff, it tained in it which referred to the case.

rising and the directors therefore con- they have to be closely watched

tains among his own followers; but he will stil more be. increased. Various The nominal capital of the company was sidered it a good time to reconstruct and

account of the danger of complications, will not give in until his appointed: other chemical factories are also coming 350,000 Straits dollars divided into 10,000 obtain now, capital, which in ordinary into existence in Ameries in large nam five dollar, shares and the requisite nam-

times would have been impossible.

For my own peace of mind I now wish successor arrives. Lung realised that the MACGREGOR&Co.ber, and besides there is prospect of ber of shares to form a quorum was one- Mr. Martin--The directors thought it I had refuted the offer to be conducted Cantonese have tired of him, and that capital being heavily invested in the pro tenth $35,000). At this meeting at which did the directors first think about recour through the ward containing the very they would welcome Shum, but in his. was a specially good opportunity. "When duction of minerals, which are plentiful these resolutions were passed there was in America, The Germans see how that more than the requisite shares required, struction? America will become a formidable rival. some being represented by proxies,

SOLE AGENTS..

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THERAPION

make

and

зам

117

It had been the idea of the directors serious cases, where, each day, eighty per distant stronghold he conducts operations. The agrement for the sale of the estate almost since the inception of the commonads. One maimed being was just the City at all costs until Eo, the The other directors were Mr. Benjamin breathing his last when Dr. Jeu and I Governor-designate, puts in an appear- and Mr. Mensor 1-Yes.

cent. of the inmates succumb to their with much skill, and has sworn to defend

was between Mr. Cathirvaloo, who was the original debenture stockholder, and Mr. Spedman, who was agent for the company in Shanghai. The Banking and Trading Corporation (the defendant cor poration) were not parties to it.

pany,

so-far has escaped harni.

Despite the fact that Lung is the most-

RESPECTING ENGLAND, FRANCE AND RUSSIA.

Russia has always been Germany's most important customer, but the stop page of German imports and consequent rise in prices, are accelerating the estab

the company

Mr. W. Meyer is no longer a director of entered. He had no less than sevenance. Then, and then only, will he hand lishment of chemical industry concerns

severe wounds, having been close to a over the City. This attitude has in- in Russia. The Germans are in hopes

That is so I do not know, whether he shrapnel shell when it exploded. that this new trend of affairs will not

holds any shares in Shanghai Klebang.

Hicreased Lung's enemies in Canton itself, MR. HUGG (REISS'S, EVIDENCE: rapid

progress there and that when

Mr. Martin-At this meeting there two legs were practically shattered, one many of whom have worn to take his the war is over, they

hey will step into Rus Mr. Ingo Reiss, senior partner in

Messrs. Hugo Reiss & Co., merchants, Your holding in the company is 250 much desh torn off; there was two fright electrified entanglements and mines, and sia again. M

were six present, including yourself, arm had been broker in two places, and life, but he plads on behind high walls, As to France the Germans think the Shanghai, stated that his fiim had been sliares? chemical enterprises will end in paper secretaries since the commencement of the Yes, in my own name,

The firm of ful wounds on the face, and his body had projects, and yel the German papers Shanghai Klabang Rubber Estates, Ltd. Hugo Reiss & Co., has a holding of 1,400 also been lacerated. His case was hope- are eager to reproduce all the speeches He then put in the minute book of the shares. and lectures on the chemical industry China Daily News containing an ad- shares in the same company in which he received such severe bullet wounds in the talked of man in China to day, he is

company and by French experts and specialists. They

also a copy of the Farth

Witness said there were other blocks of less from the first. Several men had seem to be easy about the prospects of Vertisement about the meeting. The first had an interest the chemical industry in England, which meeting was held on November 29th, 1915, which he was interested were about : a

These other shares iniaw that portions had to be removed also one of the most lonely. There are they think, is confronted by many insurat which six shareholders, including him thousand. The total value mountable difficulties

the shares and a few had lost their legs and arms few soldiers or citizens in whom he can obstacles, self, were personally present. A list of of those present at the meeting on Novem- One left this ward with relief, but also They feel, of course, the effect of British the proxies handed in by shareholders at ber 29th was 35,500, in shares registered war measures, placing German patents the meeting were also put in as an ex-in their own names. Mr. Eenjamin had with a feeling of anger that such sufferings under compulsory control, or transfer hibit. Witness-tras at this stage referred interest in other shares not in his per- could be caused by the aspirations of an ring or selling by auction the German to the confinatory meeting which was on sonal name. factories in England. Still they think page 40 of the minute book. This meet- they have nothing to fear from England ing was held on December 14th; 1915. owing to the imperfection of the educa The meetings. were duly held and the tional systems, and the infancy of the resolutions were duly and properly chemical industry in that country.

ssed by the What Germany is now preparing for holders.

the requisite number of share- Mr. S. F. Brereton Martin who ap- is to dump on foreign markets after the war all the stares of goods accumulating peared for the defendant corporation, now, and thus to recover her lost place but a number of questions to Mr. Reiss. in the allied and neutral countries. Mr. Martin-What are the shares of Also the chemical guilds which, before Shanghai Kiabang quoted at now?. the war, existed separately as that of The old shares are not quoted at all, Berlin and of Frankfurt, have latterly but the new shares are. They were just become amalgamated, forming an im about par when I left Shanghai on July mensely big trust ready to fight a com-

gth. mercial.var..

(Continued on nest Column.)

He could not say what 10,330 shares in subitions upstart.

place implicit trust, and to visit the ol City itself, the City which he is defend- ing so gallanty without help from the North, would be to court the gravest the name of the Russo Asiatic Bank were Several children were also among the danger to his life. Such is the existence Mr. Martin-Who is Mr. C. J. Lwounded. They had been shat when pass of this admittedly great figure in present- Stewart?

He is in my firm. He came into the ing through an area across which the day Chinese history. Lang would surely company in 1910.

How many shares does he hold One these cases have terminated fatally.

contending factions were firing, Some of echo the sentiments expressed by Shake hundred. Witness could not say whe

speare's Richard III-Rather hidt. ther be had others." He was not an original member of the company.

me from my greatness."

Mr. Martin--Of this long list of names. how many are bond-fde shareholders? They all are, I cannot say as regards the Russian Bank. His other shares were not amongst the proxies at the meeting.

The case is proceeding..

Work now if you rest for ever after, you working men and women of Britain, for the fate of Europe and of all that is dear to us is in your hands. Sir A. I Conan Doyle.

The England which Puritanism created is living yet.

The old watch- words yet ring out as clear as in old days.

-M. Emile Hovelague.