1919-07-05 — Page 7

By its gentle, but efficient tonic action, Mother Seigel's Syrup restores the organs of diges tion stomach, liver and bowels-to a state of such healthy activity, that they are then easily able to accomplish their vitally important work efficiently and without strain. With these organs working in a natural way you may

SEIGELS SYRUP

FOR

INDIGESTION

rightly expect to be free from the pains and penalties of Indigestion, and to be able to digest what you eat and to secure strength and fresh stores of vitality.

Put Mother Seigel's Syrup to the test after your next meal.

Viyella

(the genuine has the label

for the most comfortable NIGHTWEAR.

Comfort in essential in night-wear nothing meets the demand for comfort, health-value. durability and unshrinkability better than genuine British "Viyella.

(hed. Trade Marks,

in marian

DAY}&& (NICHT

WEAR

Tymes

piena wenze VI, JOLEINA

* 10, 630,

FOXTON, ENGLAND.

PEACH'S CURTAINS

་་

DIRECT FROM THE LOOMS.

PRIC

POST

CATALOGUE ftB of interesting illustrations.

Seil Direct.

Buy froes Actua! Makers. Cartains that lam.

BUYER'S GUIDE-Let us send it you

free of charge.

and serviceable.

Large Stocks, practical:

LACE CURTAINS, NETS, MUSLINS,' CASEMENT CURTAINS and FABRICS, CRETONNES, CARPETS, RUGS, HOUSE- HOLD LINENS, also, HOSIERY, UNDERWEAR CLOTHING. suitable for all climatex, BLOUSES, etc. Refiable Values. Attractive Designs. Our stocks are

not ready to replenish gour requirements.. SAMPLE PARCEL (NOURANCE AND) 62/6

POSTAGE PAID

* puino nie • quality, rich old isce design, Lace Curtalos, 3 yarda long,

1 pair N... aterfall Curtains, adapted to any window.

Irish Demask Table Cloth, durable quality, size 6ding, by Wins

1 sur qulity Damask Supper Cloth, size 30ins. by Sims.

6 Damask Serviettes, neat design, siae Kos. by 20ina.

·MARVELLOUS VALDE. *82/6 Postage Paid Write NOW for Catalogue,

62 years Oid. Established Shippers to all parts. All claves of", Household goods. Complete and thoroughly dependable service for Empire Trado. Bend your Orders direct Satisfaction Guaranteed.

SAML, PEACH & SONS, 694 THE LOOMS, NOTTINGHAM, ENGLAND,

"The whisky with the small label and the big reputation"

JOHNNIE WALKER

Born 18201

Still going strong.

is

Guaranteed same Quality throughout the World JOHNNIE WALKER White" Label

Over 6 years old. JOHNNIE WALKER "Red" Label,

Over 10 years old." JOHNNIE WALKER "Black" Label. Over 12 years old,

+

To safeguard these ages our policy. for the future is the policy of the past. First and foremost to see that the margin of stocks over sales Is always large enough to maintain our unique quality.

To be obtained from the Sole ágents.

for China: CALDBECK, MACGREGOR & CO., Hongkong, Canton, Bhanghai, Tien- tsin, Peking, etc.

JOHN WALKER ́BOKS LIN," Whisky Diaters, KILMARNOCK, Dại

(418.

THE HUNGRONG DAILY PRESS, NATÜHDAY, JULY 6TH, 1919.

TRADE COMBINATIONS-

PROPOSALS FOR CONTROL

COMPETITION AND PRICES,

In recent years, and especially during the war period, the formation in this country of trade associations and coms bines with the object of restricting com- petition and controlling prices has pro- ceeded upace, and the Committee on Trusts, whose report was issued on May 1st, are panimously of opinion that machinery should be set up for investigat ing the operations of such organisations, They accordingly recommend that the duty of collecting information on the sub ject should be imposed on the Board of frade, and that a special tribunal should be established to investigate complaints against combinations where activities appear to be inimical to the public inter est, with a view to remedial action by the Government,

KING'S FAITH IN NATIONAL

UNITY.

THE PROBLEMS AHEAD. The King and Quyen visited, Sheffield. on May 20th, and, in the course of his reply to an address of welcome, bis Majesty said:

The Committee found that in every important branch of industry there is un increasing tendency to form combines. They instance the iron and steel industry, the production of chemicals, which is

Now that hostilities have erased mang stupendous problems arise, the final solu- tion of which we cannot yet discern Qur world-wide träde bas to be re-established after the disturbances and losses of the War; our dislocated industry must be reorganised for peace. Returning soldi ers have to be absorbed. The great asset of woman's work in industry and public life, never so fully realised as during the time of stress, has to be conserved and weed to better effect than before.

the settlement of these problems, attainment of these aims depends upon the maintenance of this spirit of unity which inspired our national effort and never failed us in the hour of darkest trial. It

was not merely anity between the Army in the field and the worker at home; it was most wholly in the hands of two evading. Will wider and more

and labour fought side of by dide in the anibe trench. Bravery and devotion were exhibited by every rank. Every class and condition, every indus- try,

дой be understanding which the close contact of eve that the new friendship and mutual war has developed will, fail us in the Rather, I difficulties of reconstruction. the war with all its believe chit the coattendant suffering from emerge strengthened and and self-sacrifice,

more closely, united in its aspirations towards Stiffeld

consolidations; and the electric indus tries, in which there is an association

with businesses

total

of capital 233,000,000 in soap, tobacco, wall. papers, salt, cement, and in the textila itades there are powerful combinations of consolidations, which are in a position effectively to control output and prices.

Many different kinds and grades of combinations exist. Some of them simply Ex the prices to be charged; some have regulations with regard to tenders for Contracts; sume eliminate yutside "com petition by imposing restrictive condi:higher ideals of civilisation and paigress.

I am pleased to learn that in tions on purchasers; and many regulate

spirit

of conciliation is manifesting output by allotting to each member the Fixed percentage

of the total production, itself in joint conferences between employ with ones for exterding this

ers and workinen: also that your city has and, **D- Dot been behindhand in dealing with the on for rulling.

tire fines short,

being into a pool and the compensation the Queen and I are keenly interested. pressing question of housing, in which drawn from t This brings about the

In common with curious resalt that a member may with-

many manufacturing draw from active manufacture, allowing te desirable to improve at the earliest towas, you have arcus of houses that it his share of output to be absorbed by the possible opportunity. firmas, and still draw a substantial sum from the pool.

D

This

ran best be done by the provision of

of houses in

Tide quate numbers, on sites, well aid out, with ampla gardens, suffieiunt airspace, and enough rooms to maintain in cumfort tha average family. 1 learn with pleasure that your conceptions in this matter are. generous, and your housing scheme must be amongst the largest in the country. We shall watch with interest its progres and speedy development.

Members of the associations asserted that their effect was not only beneficial to the efficient carrying on of business, but that in many cases they were essential for n the maintenance of export trade and for meeting foreign competition; and that in the case of price associations, as all mam- bers must charge one price for the same article, competition became an attempt. sapply the best quality of goods to the consumer advantage. "They were also confident that no danger of excessive prices being imposed on consumers need be feared as a result of their development

DANGER OF ABUSE,

Another weighty problem is that of education: The importance of the appli cation of science to industry must b recognised in the efforts to cover and to maintain our commercial supremacy. The capacities and acquirements of the teachers and students of your university and science schools were well used in war.

he diverted, with

nuditen e was forthenming that all wllect, to the purposes of Pence

It is admitted by the Committee that excessive charges bave hitherto been made Care must be bestowed on the mind of by these combinations. Nevertheless, i Was made

the individual child. with all that con- plain that distributors and duces to the producers do not in all

of character-both the cases share confidence expressed by members of these

hese moral and

The Queen and I thank you for your organisations. An important distributing assurances of attachment and loyalty, for agency furnished the Committee with the your generous references to the work following cpinions with regard to two

which it has been

been possible for us to do, 1-The combination in question has not and especially for what you say of our dear son, the Prince of Wales, who has been of any advantage to the retailer or to the public. They hold a very strong paralleled stress.

come to manhood in this time of

pray that your city,' position in the trade, and one of the great which has served the nation so well by resulting evils is that competition in the its efforts in the war, will equally contri goods referred to is greatly curtailed. Abute towards the settlement of the great

rule, when this happens the consumer

questions which confront us with the

associations.

I suffers is one of the most complets advent. of Peace,"

monopolies in the United Kingdom. In our opinion, such a point as this is inimical to the public interest, and the initiative that follows from competition; it starves its distributors, its huge profits are a a heavy toll on the wages of the poor, and the public's necessity becomes their

fully recognising the honesty with which the great bulk of business in this country is conducted, it is obvious that a system which creates virtual monopolies and con trols prices is always in danger of abuse. We are confirmed in this view by a survey of the operations of similar combiney and associations in other countries...

SAFEGUARDING THE PUBLIC.

a general agreement nuong representatives of associations that

that one of the beneficial results of the formation of combinations sufficiently powerful to con- trol and maintain prices in the home They are therefore unanimously of market

was that

it enabled British manu- opinion that it would be desirable to facturers to extend their output by selling institute in the United Kingdom machin their products at a lower price, or even er for the investigation of the operation at a loss; in foreign markets. The chair of monopolies, trusts. and combines." man of an important metal association similar to the Commissions and other stated that:

tribunals created for that parpose in the The

eesuse

of the formation of the United States and the British Dominions association was the tact that this indus- As the mistrust with regard to the activi try

in Great Britain had been very un- ties of trade combinations which exists remunerative for many years, and had in the public mind may be hurtful to the stood in danger of being crushed out of political and social

that means

existence by foreign competition and by they consider stability of the Stula

too much competition among manufactur- should be provided whereby, the fullest ers at bome. By securing rem

remunerative prices in the home market they could inade available to the public, and com make a successful bid against foreign plaints

it

had a frien, in the export trade. They gated, and thoroughly investi-

a fighting fund, for the

recommended that it shall be the special pur of subsidising members who found pose

duty

oi the Board of Trade to obtain this necessary to sell at less than an economic information, to present annually to Par- price in order to cut out foreign com-

liament a report upon the nature, extent, petitors.

ard

development

of trade and also

organisations, As regards the effect of associations and ad

to make preliminary inquiry combines upon conditions of labour, the into yed to their existence or actions,

complaint which may

may be made Committee found a difference of opinion.

with regard

In

T

is

the

some associations, conciliation boards If the information obtainable should and industrial councils have been estab- be insufficient to enable the Board to dis- lished, and excellent relations with labour charge these duties, and there in prima Dave been maintained, On the other facie evidence that the public interest hand, a

representative of the Ministry

Oely affected; they are to be em- Munitions etated that: In the recent

(a) to to the special tri

apply industrial unrest it was generally the bunal to be established for an order to large firms which experienced the most organisations to produce such informa trouble.

The tendency of these large tion as may be specified; or (h) to refer 488regates is necessarily to become im- the whole matter to the tribunal for personal and to make the worker feel that investigation and report. he is dealing with a vast machine not

ordinary persuasive in Auences, against which hie, only weapon is

amenable

to strike.

to

This tribunal is to consist, of a person of legal qualifications as permanent chair. man, and not less than two, or more than seven, other members selected by him from Bamming up the results of their in- time to time from a panel appointed by quiry. the Committee state:

the President of the Board of Trade, There is a great deal of public distrust after considering

ing nominations made with regard to, the operation of trusts. representative trade organisations, in- combines, and associations, and we have cluding the co-operative movement and no doubt that the disclosure of the war unions. The tribunal is to have power to profits made by certain and the make orders of the kind mentioned above, Lepeated allegations of orbitant pro and to carry out investigations, adopting Steering on the part of capitalists during such to left the it may consider neces-

war, whether or has elicit greatly to aggravate

When it is prared existing suspicion

that acts injurious and distrust on the part

to of the public.

Public interest have been com optimism of mitteds. We are unable share

to

facts relevant to the public those

representatives of associations who

will be published immediately on ware of opinion that under no circum

the conclusion of the inquiry. It will stances was there any possibility of their then be the duty of the Board of Trade operations leading to excessive prices or to make recommendations as to State to the detriment of the public. While action for the remettying of any grie

ances which the tribunal may find to be (Continued at foot of neat clumn.) established

the

I

By Appointment to H.3. King George V.

War

to

Peace

From

The war restrictions on the.. shipment of Biscuits having been removed

Huntley & Palmers Biscuits

are once again being sent to all parts of the world. They are of the same standard of Unrivalled Quality

as in the past, and to prevent disappoint ment the public should place their orders at once with their usual suppliers.

HUNTLEY

&

PALMERS.

Biscuit Manufacturers

READING & LONDON, ENGLAND

Resident Representative in China:

LTD.

W. A. FARLEY, No. 1, The Bund; SHANGHAI

IMPORTANT

NOTICE.

N Manufactures the wount Important Point is Improvement, and in Dietetics

Cleanliness. Science always insists on these Maxims.

Groundnut or Peanut Oil can be used a substitute for Olive Oil, Batter or Lard, but when Slightly Dirty is injurious to health

In China, by the Ordinary Methods of Extraction, Dirt and Dust are not guarded against Car Matbod shows a great advance. By the use of New Machinery and New Methods Scrupulous Cleanliness is Assured.

"ו

Our Machinery during the Process Filters the Oil, while our Factory is Free from Dust. Our Oil is Clear, Sweet and Fragrant; and Compares most favourably with other Ola used for Culinary purposes: there is no residue

Prices are moderate so as to induce new business. Analysis is always given before Shipment to Foreign Countries.

NAM CHAU OIL FACTORY, Office:-No. 2, Connaught Road West, HONGKONG. Factory:No. 26, Kwai Lia Street, SAMSHVIPO.

The Sole Proprietorship of this concern belongs entirely to a Chinese Litizen.

[806

LA MINERVA" CIGARS

Sold by

PERFECTOS

In Boxes of 25

$2.50 per box.

A Cigar of full flavour and

attractive shape, covered with the finest Sumatra Leaf.

LANE, CRAWFORD & CO.

SWAN

FOUNTPEN.

NEEDS NO “COAXING”!

It's made right To write right.

That's why it's the most popular

Fountpone

Do not Leak, Ecratch or Dry Up. Fitted with Gold Iridium Tipped Nik WHERE IS YOURS?

TRY ONE NOW! Bold by JEWELLERS, STATIONERS AND

IMPORTERS.

MABIE, TODD & Co. Manufacturers, LONDON,

158

USE

"SWAN"

INK

SWAN DIE

CATALOGUE FREE!