1920-08-06 — Page 2

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THORNYCROF

JOHN L THORNYesort & Co., LIMITED,

SKIPBUILDERS AND EXOLTERRA, »

LONDON, SOUTHAMPTON AND BASEMATORE.

Shanghai

119

THE HONGKONG DAILY PRESS

Office: 65, Szechuen Koad,

Murine Motors and Motor Boats.

Motor Lighting and Pumping Sels,

Shallow Draft. Steamers,

Thornycroft. Water-Tube Boilers,

Thornycroft Oil Fuel System,

Commercial. High-speed and Pleasure Craft..

6. R. ROXBURCH, '

Manager for China

DOUBLE TERAI

TERAI BATS

WHAT THE WAR COST,, CRITICAL REPORT BY THE AUDITOR-GENERAL.

INFERIOR MEAT FROM ÂMERICA.

FRIDAY, « AUGUST 8TH,

STORIES.

TRADE WITH RUSSIA.

«KRASSIN'S

EXPORTABLE

PRODUCE.

1yzu.

PARIS, June 17th. The report of the Comptroller and In his third conversation with the Auditor-Gboeral as to what the war amt Ziberte interviewer; M. Krasodin has given is was issued on June 22nd as a White some particulārs as to the raw material Paper. Its figures are as difheult to com- that Russia can export, He Nagm. the pretend as the distances of the fixed stars, For instance," she total payments charged

THEATRE

ROYA L

',

MR. T. DANIEL FRAWLEY

PRESENTS THE

COMPANY

FRAWLEY

reason why he has not given figures before In Repertoire of the Latest London and New York Successes.

is because it has not been easy to get anyŋ

to Votes of Crecks from August, 1914. to one to discuss the matter with him. The TONIGHT

March, 1919, amounted to £8,417.178,490." French Government has refused to talk Some at the trading account ways the with-him--In the case of a large number Auditor General, deal with expenditure on a colossal sonle, for which there is no precedent in Anancial history.

of products, he says, he can give the quan

tities that Russia can export, though, owing | to the war and the fact that the rolling Easier to understand, war the Warning stock is utilised for the needs of the army, Post,

the ATA

paragraphs relating he cannot indicate the time it would take

gross wasta.

::

to export most of the merchandise. It is for this reason that he has abstained up till

to extravagance and profiteering. These prove the saving of the experienced i financier who declared that no living mání could spend a "million in a harry without now from giving the figures even so "Mr.

Lloyd George. Russia, he says, is disposed! to enter into economic relations with the Entente Power even if the war against £2.876.000.000 Poland continue, but on rondition that R. 1.999,000,000: cerwain guarantees are given to her. What Loans to Allies and Dominions 1,863,000,000,

Rusia' does not desire is that, under the Natr

1,028,000,000

219,000,000 pretext of commerce, the Allie, should want.

Items showing what the war CÒRD, 199 Are shown in the following table:-

ATTY......

Munitions.

Shipping

Railway

Air

Pensions

Wool

Wheat

Food

Post Offic

Out-of-work

Oldage Pensions

}}

The best bat for all outdoor sports wear, They afford perfect protection with the acme of comfort. Stocked in ́2 useful shades of Grey"In all sizes.

- A ́ LARGE SELECTION OF WHITE AND COLOURED PUGGAREES,

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MIN'S WEAR SPECIALISTS.

16. DES VEUX ROAD. «

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TELEPHONE 29.

PERFUMERY

Perfumes.

Rice Powder. Tooth Paste..

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UNIVERSAL IMPORT & EXPORT CO.,

PO. Bor 348.

1083

HOTEL MANSIONS (Top Flooor}.

Hongkong,

Telephone 3422.

THE LEADING BRANDS

of

MANILA CIGARS

EL PALACIO

&

IMPERIO DEL

SOLE AGENTS :

MUNDO.

THE HONGKONG CIGAR STORE

TELEPHONY No 151.

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HOTEL MANSIONS.

HEALTH V SICKNESS.

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Large quantities have been exported to various parts in the World Your esteemed Orders will receive our prompt and careful attention. Terms modernic, especially for Agencies.

THE HING WAH PASTE MFG. CO., LTD., HEAD OFFICE Hongkong, Nos. 47 & 48, Connaught Boad Central, Tel No. 2230. BRANGE-OFFICE-Shanghai, Na. 480 and 433, Niking Road: "FAUTOKIES"—Hongkong, Wing Bing Street, Causeway Bay; and Shanghai, No. 71,

Morth Boochow Roody

extracts to

87,000,000

101,000,000 guarantees on her debts before peace is concluded. If there is a sincere desire to 75,000,000 profit from the natural.wealth of Rugia

33.000.000

let there be a maratórium on the Russian 50,000,000

debte until this peace negotiations. For the 43,000,000 36,000,000 unption of coinmercial relations Krissin elvaring-house at Copenhagen 13.000.000 12,000,000 ander the fority of a campany in which the various countrike will have shares. The

- The value of the gold in the Lauerstre sunk on her way to Canada, was nearly five millions steriing, of which £1,320,000 has been alred,

Petrol and Similar `products,

The nature of the report, which is as strange as the Arabian Night Eater. Rising gold would serve as a guarantees. tainnmals, and enormously wider in its and the Allion could see how it was en orbit, may be gather from the following ployed, Kissin gives the following for.

pluses of goods available for expart :'

Whe

13.000.000 tons,

2,000,000 to 3.000.000 tons. Wood for Constructing .....500.000 standard»,

Plax

...3.000.000 tams. Sheepskin

Several millions.. Fine leathers 2,000,000 to 1,000.000 pieces. 3.com .cons. Flens

3.000 tons,

About eight million roubles fell into the hands of the Bolsheviks by the seizure, of the Caucasus Military Ageney, Some two-and-a-half millions were paid in sub-d sidies to friendly Arnh ghiafs

Food bought abroad during the war cust -£194.732:877-and-the-w-a-prasi-on-lik

sale of £3,700,962.

·AUDITOR'S CRITICISMS

"The Auditor-General makes some search- ing criticisms as to transactions effected during the war. For instance:-

the course of my examination of the accounts it was noticed that large quanti; ties of veneers and plywoods were issued in May, 1818, and following months to one firm, and smaller quantities to three other firms, but that recoveries had "not been

Red enviar

Black, cariar

Retin

-Rigid-re-in-

Turpentine Pigs" bristles Horsehair

Mineral oils

100 tons,

4,000 sons,

200 tons.

400 tons.

600 sun.

10.000 tons.. ! Salt

$30,000 tons. Manganese, iron. graphite, and tobacco, of which Krassin ennner fix the figures, can abe be exported.

On the question of outside assistance, Krassin save that foreign capitalises have bathing to fear. He guarantees to foreign

TO-NIGHT

"POLLY WITIE A PAST

SATURDAY.

'.

“IT PAYS TO ADVERTISE Arg. 7TH:

PRICES AS USUAL.

BOOKING AT MOUTRIE'S.

*11938.

THE PEDRO NOLASCO SCHOOL OF

COMMERCE

(Escola Comercial **Pedro Nolasco-")

Macao

THIS School, mutained by the ASSOCIATION FOR PROMOTING "THE" INSTRUCTION OF THE MACAENESE. is open to Boys" and "Girls "of Portugnese nationality who have attained' the requiral stunlari of primary' estuention, Tuition, Books and Stationery are supplies free of charge.

A large billing is now in course of erection.. Further particulars may be obtaingi of

THE SEFRETARY,

ASSOCIAÇÃO.... PROMOTORA DA INSTRUÇÃO DOS MAI

SOLE AGENTS

THE FUJI TRADING CO.

CO., LTD.,

(Inc. in Japan).

New-Patented Invention: Flexible. Unbreakable and Beautiful

SILK GLASS

Replaces Ordinary Glass in all purposes

Sample on application to"

THE FUJI TRADING CO., many cases invoices hate the exploitation of cellulise and paper

effected, and in not been sent.

The value of the goods works and the traffic on the Volga and Don uminynized "at

Canal, etc. In this connection, he adds, "We March 3, 1919, was

would accord to foreign groups with conces 2414.660. In reply to my inquiry. I was informed that a committee has been set up the natural products which they would ex- sions for long periods a certain berfin to investigate these transactions, which were complicated and technical, and that con. part. Again it will be seen that Krassin' siderable progress has recently been made makes a resumption of commercial reintions in rendering the accounts

contingent on political relations,

CURS IN EGYPT.

An illuminating point conerrus the sup- ply of four to Egypt:--

Two curgos of flour, supplied by the Wheat Commission to the Egyptian Cov erament, were at first invoiced at £25 per ton of 2,000,b... but on attention being drawn by that Government to the fact that the Commission, had previously, in Deren ber, 1918, given, a quotation of £25 per ten of 2210lh.,, the matter was adjusted in June, 1910. by the issue of credit notes for the difference.

The Traps, commenting this evening upon Krassin's presence in London, deglares that the articles by Count Soltykoff, recently published in The Dady Felegraph, "av a better sourge of "information then many polemical writings as to the value of the itu, developed by Tonia's visitors (that is the British Labour delegates) about the utility of the conversations which have been entered into with Kengsin. The article proposes that if Mr. Lloyd George wishes- to assure the future food supply of Europe there is something better for him to do than to talk with Krasin. The enterprise which cial and material. the direction with the the Temps maps out for England is finan-

As it appeared that flour of this descrip tion was usually purchased and sold in tors of 2.000lb, and that all subsequent shipments to the Egyptian Government operation of the Allies of the cultivation were charged at £2 per ton of 2,000lb, of the 2,000 hectares in the Ukraine libe

accordance with a quotation of January.

in

1910, I asked for an explanation of the rated by the Poles from the Bolsheviks difference in these te quotations showing Purity Telegraph

how the figures were arrived at. In reply |

"I was informed that the Commission are į of opinion that it had been their expert's intention to charge on the basis of 2,000lb. per toa, but that at the same time thes did not see their way to vary the contract. The difference in price on cargoes, in consequence of the apparent error in the original quotation, amounted to upwards of £25,000,

LUSSES ON FOOD.

the two

Considerable loses occurred in con tion with the supply of meat from North America. Only a limited number of ship ments could be examined in this country, yet claims amounting to £15,871 were formulated by the Ministry for inferior ment contained in 20 of them. The whole question is under investigation and nego tiation by the Ministry, and the final loss cannot yet be ascertained. Sugar of milk WA brought into this country from America on an extensive scale without licence, and under another designation, with the result that the market was broken, and the Ministry of Food had to dispose of their stock at a lon

MORAL, DAMAGES."

17

EXAMPLES.

A preposition, says Ted Robinson in the Cleveland Plain Dealer, according to the purists, should not be used at the end of

satirizing the rale by violations of it,#1 sentence. But, he goes on, humorously

caauot see what such a rule was made for, It is a poor one to go by. Hard and fast laws, unless they are those of actual gram- mar, cannot always be adhered to. Often, indeed, they are better departed from."

ITEMS REPUDIATED BY THE TREASURY.

To report on the accounts of the Minis. try of Information the Auditor General| 64

1A, CHATER ROAD, HONGKONG..

Break Not

states that the expenditore in the year “IDEAL"

ending March, 1919, was £1,088,167.

The Treasury, he says, consistently re- fused to sanction the expenditure on the Madrid Commercial Burea and the salary and expenses of the gentleman appointed The premises of a printing firm were in 1919 to tazo charge of it-the total acquired by the Government in March expenditure incurred by him being £8,418. 1918, for the printing of ration books and fo view of the Treasury refusal the food coupons. It appears from the Anditor-General was unable to report that papers furnished to me by the Stationery this was a proper charge

the vote. Offer (says the Auditor-General) that" the He came to a similar decision a to

against purebase price. £315,000, included £50,000 charge of £2,110 for the collection of for out-of-pocket expenses at Harrow, material for the war records of the coun London, and Belfast, owing to interruption tries Supplies-of-paper to certain-Greek of business; £15,000 for depreciation of journals involved a loss of £10,701, for sketches owing to interruption of business; which the Treasury declined to give a £100,000 for consequential damages; and covering authority. £5,500-for-gratuities to the staff.ly

Many over payments for out-of-work donation were discovered ; Where over payments cannot be recovered from, work men it has been arranged, with Treasury approval, that the officers concerned will ordinarily be required to make them good up to an amount not exceeding 5 per cent of a week's pay,”!

The recounts showed charges of 280,053, for which neither details nor vouchern could be furnished, and of £20,834, for which details had been furnished, but for which no sub-vouchers were available. The Treasury were satisfied thatone question of the propriety of the expenditure wan involved, but in eight cases they held that For the year ended March, 1918, the actual payment out of money advanced by atisfactory evidence did not exist of the brend subsidy cost nearly 50 millions, and the Ministry, and that the responsibility during the year the Ministry bought food of defending them must rest with the officer to the value of over 350 millions.

(Continued utfoot of next-column);

of the Ministry. The total Involved man £2,267.

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