1921-05-26 — Page 6

RIOTS

IN

THE HONGKONG DAILY PRESS, THURSDAY, MAY 16TH ̧ 1991.

EGYPT:

SERIOUS DEVELOPMENT IN CAIRO.

SILESIA N OUTLOOK FRENCH GOVERNMENT'S ORDER TO TROOPS

COLONEL HARVEY'S SPEECH:

FEELING IN UNITED STATES.

AMATEUR

GOLF CHAMPIONSHIP.

LATEST CABLES.

(THROUGH MEUTHE'S AGENCY.]' RIOTS IN EGYPT. CAIRO TELEPHONES OUT.

CAIRO, May 25th.

The telephones between Cairo and Alexandria have been cut, There is great nervousness in Cairo. Shops are closed, and streets are patrolled by the police and military,

TOLL AT ALEXANDRIA.

ALEXANDRIA, May 25th.

LATEST CABLES.

THE SILESIAN IMBROGLIO. M. BRIAND'S BLUE SKY"

DECLARATION.":

FRENCH REPRESENTATION TO GREAT BRITAIN.

PARIS, May 24th...

On the request of the French Govern- ment, Viscount St. Aulaire, the Ambas sador to London, went yesterday to the Foreign Office with the object of getting the collective intervention of the Allies at Berlin to invite the German Government to put a stop to seading volunteers to Upper Silesia. The Ambassador insisted on the necessity of close union between the members of the inter-Allied Com- mittes In order to reestablish peace, which, ho said, would only be possible by the collective intervention of the Allies. Havan.

BRITISH REPRESENTATIONS TO GERMANY.

LONDON, May 24th. With reference to the Paris reports that the British Government has failed to join the French Government's representa tion to Germany as regards Upper Silesia, it is authoritatively stated that the British Government has, from the outset, done everything to imprces upon the German Government the serious conse quences that would result from the incur sions of German hands in the disturbed area. The British representations have been most successful, as, besides issuing stera proclamations, the German Govern- ment has now agreed in prínciple to raise the economic boycott and to permit the dispatch of money and food to the distar-

:

LATEST GAREES.

FIRST TEST MATCH...

SELECTION OF ENGLISH TEAM.

LONDON, May 25th. The English Cricket Test Team has been comploted by the addition of Ernest Tyldesley and Jupp, with Strudwick as wicket-keeper and Makepeace (Lanca.. shire) as twelfth man.

BAEZIER CABLES.

AUSTRALIANS "BRILLIANT

INNINGS.

LONDON, May 24th. lo subny weather, before five thousand spectators, the M.C.C. wore dismissed for 178. The wicket showed signs of wear- ing. Mailey took 4 wickets for ES. The Australians scored 271 for 7 wickets, thus winning by 3 wickets

Bardsley scored a brilliant to, including a six and 12 fours.

COUNTRY CHAMPIONSHIP.

LONDON, May 24th. Yorkshire beat-Gloucester by 258 runs. Lancashiro beat Kent by ten wickets. Surrey beat Essex by 202 runs. Derby beat Notts by 23 runs. Leicester beat Bussex by three wickets.

DAVIS CUP.

- LONDON, May 23th. M. Brinndy" blue sky" declaration in the French Chamber is hailed with un- disguiset satisfaction in Great Britain. The French Premier is congratulated | bed aren. upon the tour of his speech, parti-

POLES ILL-TREAT BRITISH GREAT BRITAIN DEFEATS SPAIN cularly for the removal of the impression

.. OFFICER.

IN, THE DOUBLES. / that the Upper Silesian problem is likely

The British Government has demanded It is officially atated that 50 persons to afford grands for serious Allied differ

LONDON, May 24th. were killed and 910 wounded in the riot-ences and for the apparent desire to trust an apology from the Polish insurgents that Germany will be as good as its word for the ill-treatment of Major Powell.

In the Davis Cup, Lycett and Woos. ing.

in undertaking not to aggravat, the situa- who was employed in the Inter-Allied tion in the disputed territory,

The Commission and was arrested by insuram beat Mancel Alonso and Count de moderation of his attitude towards Gergents and treated with the greatest indig: ar by 3-6, 6-2, 10-0, and 8-2. Great many is regarded as one of the most nity, being compelled to travel fourth Britain bas thus beaten Spain. hopeful sign from France since the re class with German prisoners, the insur parations trublés began. Confidence is gents even threatening to shoot him. alad derived from M. Briand's impassion Major Powell has beca released.» ed defence of Anglo-French unity, which he described as the keystone of his policy, pointing out that no people in these times can. remain sulated.

NATIONAL ECONOMY. GOVERNMENT EXPENDITURE REDUCED OVER £100,000.000..

LONDON, May 25th,

An important step towards national onomy has been taken by the Govern uent, which has ordered the reduction of expenditure on Supply Services for the next financial year from £603,000,000 to £190,000,000.

BRITISH AMBASSADOR'S INTER-

VENTION.

Panis, May 22nd (delayed). At his Government', request the Bri- tish Ambasador has invited the German Government to cease boycotting Upper

THE REPARATION QUESTION,

GERMANY'S NEXT PAYMENT.

PARIS, May 24th..

The 150 millious next to be paid by Germany to the Reparations Committee ara composed of 10 millions gold marks and 140 millions of foreign money that Germany shall exchange for dollars. Dis cussion concerning the following as to volunteer, as these proceedings pre. Committec. -Havax. vent the re-establishment of order.

FAR EASTERN NEWS...

CABLE YANGTSZE INSURANCE

[BY COURTESY OF THE “CHINA KAIL."] CHINESE STUDENTS' PROTEST

THREATENED BOYCOTT DE RUITīsu 00098.

SHANGHAI, May 95th. The Chinese National Students' Federa- tion has telegraphed to the Premier, Mr. Lloyd George, the Foreign Minister, Parliament, The Times, and other news- papers protesting against the renewal of the Anglo-Japanese Alliance and threaten ing to adopt the same attitude towards Britain as towards Japan, namely a boy catt, éle.

STRAITS MEAT RING,

SINGAPORE, May 4th: The Government has taken steps to im port meas from Australia in order to break the local meat ring which has forced up prices in recent years.

*(THROUGH, REDTER'S 'AGENCY,]

ANGLU-JAPANESE ALLIANCE

ASSOCIATION.

́ANNUAL' GENERAL MEETING.

The 31st ordinary general meeting of the Yangtze Insurance Association, Ind., was held at Shanghai, on May 19th, Mr. John Prentice presiding,

After paying a warm tribute to the work of the late Mr. W. 8. Jackson, who sp nearly 40 years in China" in the survien of the Association, and was its chief officer for 30 years, the Chairman said the Directors had appointed Mr. C. M. G. Burnie to succeed the late Mr. Jackson. His statement proccoded:

Working Account 1910 and Former Years: This account shows a balance at credit of 81,903,58442, and if you pass the resolution to be proposed later on with regard to the payment of a divi. dend of 20 per cent and the donation of £1,000 each to the Sailors' War

Fund and to the King's Fund- Orphans for disabled, there will be a balance of $1,668,446.07 to carry forward.

Second year attlements on 1919 account ween heavy and we feel unable to recommand any allocation to reserve out of this ac count. The donations to the two deserv ing charities mentioned above require no commedation from me and I hare no doubt you will sanction these payments.

Working Account 1990: Our net pre- ium, income, 24,308,128.01, shows an in- LONDON, May 25th. The Morning Post, in a leader dealing crease of $1.384,653.21 over that of last with the question of the renewal of the Interest acceunt, at 8601,908.38 Fire Anglo-Japanese Alliance, says that the shows an increase of $167,356.61.

Tosorve $180,748.15, being the amount proposal of Mr. Hughes appears to be brought forward from 1910 to care for the only right solution of the problems, unexpired risks, is higher, by 59,959,34 and points out that relations between than the corresponding amount carried China and Japan must be considered to from the 1918 into the 1919 working ne gether with the relations of Japan to the count. western Powers. If these are amicably

PROBLEM.

Appreciation in exchange after deduct settled upon a darable foundation, the ing depreciation in the value of inrest- The journal suggests a conference of re-whereas last year wo had to write off. peace of the Pacific would be secured. ments shows an accretion of $724,1.21. presentatives of the British Empire, the 1970.433,64 to cover loss in exchange and. United States, France, China and Japan, the depreciation in the value of infest and hopes that all parties will accept thements. Turning to the other side of the principle of the "open door and of the working account, net claims paid stand strict maintenance of the integrity ofat $1.628.125.39 against 3060,012.00 last" China.

year. Commission and charges Are- 2604,185.50 against last year's figure, of 2416,189.30. The balance of working account. to. be carried forward i 13.580,392.18 as compared with the prog vious year's balance of 81,718,891.75, -0.07

INTERPORT CRICKET AT

SHANGHAI.

A circular issued by the Treasury ints out that ordinary revenue next year is not likely to exceed £950,000,000) and that at least £165,000,000 must be provided to meet Debt Charget, leaving £495,000,000 for Supply Services. Government Departments have been in. Silesia, aadto refrain from sending funds meats still continues with the Reparation Fiddle (Wragg), Leinonora (Childs), first day's game, in the interport cricket in sterling exchange has been structed to scrutinise expenditare very closely.

All

The Treasury circular points out that the only alternatives to reduction in expenditure are fresh borrowing, which would mean renewed, inflation and de pression of the pound sterling, or increas ed taxation, which would certainly and seriously hamper the recovery of British industry and commerce and would be must vehemently opposed by the House of Commons and the country. The reduc]" tion in taxation and in the State's in debtedness, as rapidly as possible, is re- quired in order to maintain and stimulate industry and commerce and secure full and regular employment. This could only be achieved by a.continuous redue tion in expenditure during the next few

years.

'

Oppeln reports state that, after crossing the plebiscito demarcation, big German forces, which had come from the interior of Germany and were Jed by German officers, attacked the Polish troops, nene Zogolin, this morning. A big battle followed.-Marne.

IMPROVEMENT IN SITUATION.

LONDON, May 23th.

EMPIRE DAY CELEBRATIONS.

LONDON CHILDREN GREET DOMINION COMRADES.

LONDON, May 24th. A novel feature of the Empire Day celebrations was a series of lectures at number of schools by telegraph officials on Imperial wireless communications-in- chiding the proposed wireless chain

A thousand City of London school OIL FUEL IN THE NAVY. children assembled at the Guildhall and sent a message of comradeship and good- will to the school children of the Domin

jons.

SPECIAL STATION FOR

HONGKONG.

LONDON, May 24th.

ruds

very con-

of the group in last year, vis.. 6/9 and 13 for:

DERBY PROSPECTS..

PROBABLES AND JOCKEYS.

LONDON, May 24th. The Derby probables ara; Goldendale (F. Bullock), Pucka Sahib (Winter), Craigenoran (Brennan), Alan Breck (A. Balding), Eagle Hawk (F. Leach), West- ward Ho (A Smith), Highlander HONGKONG ALL OUT IN 2 HOURS. SATISFACTORY INCHEASE IN/BUSINES.. (Hulius), Bill Country (Griggs),

Those figures indicate a satisfactory Humourist. (Bellhouse), Polynestor ONLY TWO DOUBLE-FIGURE SCORES. increase in our business, but in compare (Shatwoll), Polemarch (Jelliss), Yellow

ing the working account for 1920 and Dwarf or Sunblase (Carslake), Roman From all accounts," a feature of the 1910 it must be remembered that the fall Leighton (Beary), Granealy (V. Smyth) match, at Shanghai, was the brilliant siderable factor in this incrense.

The directors have decided not to "n Syrian Prince or Blue Cloud (Strydom), Solding of Hongkong, Rumjahn, parti

Hongkong.commend the payment of a dividend on Euphrosynus (J. Evans), Plato (Mar- cularly, excelling himself. tin),

Bobemian (O'Neil), Le Traquet was palpably weak in bowling, as 1020 account at present, but, as was done (Garner), Franklin (-) Aliados

Shanghai's high scoring 309 for 4 last year, they will declare an interim: Betting; 68-20 Alan Breck; 9-8 Crai- wickets-clearly, indicates. It was, how dividend in the autumn, if they consider

ever, a batsman's wicket.

that the estimated result of 1020 working gonoran; 5-1 Leighton; 100-13 Lemonora:

Not so, apparently, yesterday, as justified such a payment. 100-9 Humorist - Highlander: 331 Hongking could only collect 70

Exchange: The report points out that Bohemian, Goldendale, Pucka Sahib There had been a steady drizzle during as regards this Association's gold invest- 50-1 Roman Fiddle.

the night, and, in spite of a strong meats the rates at which these have been wind, yesterday, which Promind to converted into, taels are the same as those, improve the batsmen's

the con- dition

and gold dolars respectively. E As evidents of the easing of the inter-

bowler.

following our usual practice, national situation, Router's Paris corres

Captain Barrett, with his overnight had converteil these investments at the pondent reports that, after consulting the

score of 130, and Leach, with 10, resumed rates of exchange current on December Commandesin-Chief on the Rhine, the

their innings. Captain Barrett had only 31st, 1920, viz., 4/1 and 791, there would French Government has decided to send

FUTURE OF THE EMPIRE.

added & more to his score when he was bavo been a considerable augmentation. home married men of the 1919 class, who

in our dollar figures. We considered it LONDON, May 24th. In the House of Commons, in the de missed at cover by Sayer, off Reid. were recedly mobilised in connection

the ratea with reparation demands.

The possibility of the British Empire bate on the Navy Vote, Commander Lench was also given a new lease of life more prudent to maintain FRENCH MESS PRAISE M. BRIAND. eventually abolishing war was the theme Monsell, Civil Lord of the Admiralty, when he was missed in slips. Captain adopted last year until such time as ex-

of speeches at the dinner of the Colonial emphasized the superiority of oil fuel as Barrett compiled 30 mare runs before he change becomes more stable.

Coach Gold Egures in the working accounts? compared with coal." Institute to celebrate Empire Day. PAR18, May 25th.

He declared that was caught by Sayer, off Reid. Sir Henry Wilson, presiding, declared the floot would soon consist entirely of was caught by de Romae when his score and liquid gold assets have, as usual, nepapers generally comment

At 12.30 pm. Shanghai been converted at the current rates of. favourably on M. Briand's speech, and that many peoples which had attempted oil barning ships. It was proposed to stood at 24. NEW YORK, May 25th.

to make empires had succeeded up to a establish the main Admiralty oil reserve showed a score of 373 for 9 wickets. At exchange for telegraphic transfer on De praise his frmness in aroiding a con point; the British Empire passed all in Great Britain, with installations lunch time Shanghai wns all out for ceuber 31st, 1920, 3, 4/1 and 721 for troversy,

The Eclinds Paris states that M. Briand of loyal hearts and willing hands. Being planned for the Capo of for detailm, however, show that it was in Capital: Since our last annual ment

points in 1914 by the unprecedented rush around the coast. Special stations were 381. Towards the end," Hongkong seemed sterling and gold dollars respectively

to have improved in bowling. The has requested Poland to close her frontier Nevertheless, we had a still higher Hope, tha Falklands, Gibraltar, Hong-

Gelding that Hongkong did well only and dissolve the Polish bands.

destiny. The aim of the Empire should kong, Port Said sud other places.

two Shanghai players were bowled out,ing the authorized capital of the Associa be based on justice, mercy, and truth, so that we might rise to such a position INCREASE IN POSTAL RATES, Olerdessen, who had split his finger, by tion has been increased to $2,500,000, Webster, and O'Hara by Davies. Fine divided into 250,000 shares of 810 each as would enable us to say that there

The issued capital remains at the previ catches," two playera. succumbed to shall be no war,

NOT ON NEWSPAPERS BENT

ous figure of 81,200,000 representing were given leg before wicket and one ABROAD

120,000 fully paid up shares of $10 each. was run out...

Hongkong went in after the luncheon in place of 12,000 fully paid up shares You will be interested to LONDON, May 24th. interval, GR Sayer (the captain) and of $100 each. When the House of Commons resumed E. J. de Rome opening the innings learn that the subdivision of capital. by after. Whitsuntide, Mr. Kellaway the Shanghai had as effective bowlers as it making the shares accessible to a wider Only two Hongkong circle of investors, has already resulted Postmaster-General, at question time, an- bad batsmen. nounced that, in order to meet the Post players registered double figures; Sayer, in a satisfactory increase in the numbers. Office deficit for the current year, cer- 14 atd Lieut. J. B. Franks, 25. Four of our shareholders

Reserve Funds: The reserve fund re

stands tain postal rates would be increased from F. J. de Rome, F. H. Farthing, Captain June 13th, including postcards, from 1d. U: 0. Olliver and E. B. Reid-were dis mains unchanged and to lid. and foreign letters, from gid. to missed without having contributed a 81,000,000. The reinsurance reserve fund, after being reduced to 9770,000 by the 3d. There will be no increase in the single run postage on newspapers sent abroad, but O'Hara, for Shanghai, had the very withdrawal of 8480,000 for the purpose there will be an increase in the pesingo creditable record of having accounted of increasing our capital, was restored on other printed matter.

for 7 wickets for 20 runs, almost 3 runs A wicket. ANGLO-PERSIAN AGREEMENT | all

COLONEL HARVEY'S SPEECH

OPINION IN UNITED STATES.

The Democrats and the pro-League-of Nations Republicans are dissatisfied with Colonel Harvey's speech in Lunden o

Mr. Flood has introduced a resolution in the House of Representatives, asking whether the speech was officially cane

May 19th.

tinned,"

The Democrats especially object to Colonel. Harvey's statement that the United States did not enter the wär from altruistic motives.

The Pro-League Republicans have sent Lord Robert Cecil a resolution assuring him that the sentiment of America stil favours the League, /

PORTUGUESE CABINET. NEW PRIME MINISTER.

LISBON, May 24th. A new Liberal Cabinet has been con- stituted by Senhor Queiroz, who is the Premier and Minister of the Colonies.

GLASGOW DOCK, STRIKE

LONDON, May 25th. The Glasgow dock strike has collapsed, maas meeting of the men to-day decid

ing to resume work.

GOLF CHAMPIONSHIP. ASTONISHING EPISODE.

LONDON, May 25th. There was an astonishing episode in the third round of the Amateur Golf Cham pianship, when the United States cham- pioa Evans was beaten by his compatriot Fownes.

The

BARLIER CABLES.

IMPROVEMENT IN SITUATION.

PARIS, May 24th.~. M. Briard interviewed, declared that the situation in Uppor Silesia had materi

"There"was now no need ally improved. for the occupation of the Ruhr region..

FRENCH PREMIER'S VIEWS...

PAR18, May 24th. The Chamber was packed to hear the statement of M. Briand, who emphasised that Franey wanted the loyal execution. of the Treaty. France had never intend- ed to give Poland the territories which should revert to Germany and he fully, agreed with Mr. Lloyd George on that matter.

+

Earl Meath warned people to eschew ignorance and selfishness. Nothing else could bring about the downfall of the Empire.

Sir Edgar Walton, High Commission er for South Africa, doubted whether the forthcoming Premiers. Conference would succeed in putting the bonds of Empire into a constitutional form. The peoples were already closely cemented; unity did not depend upon what was put down on paper.

MINERS

STRIKE.

A STATEMENT EXPECTED.

LONDON, May 24th. In the House of Commons the expected M. Briand dwelt on Poland's historie statement by Me Lloyd George on the right to Upper Silesia. He attributed coal situation was not made. : Mr. the German saccess at the polls partly to Chamberlain naked for a postponement the fact that the Germans brought back of the question, and emphasised that the 180,000 vatn for the purpose of the ple Government had never for a moment been biscite. He admitted that the soldiers out of touch with the matter and that had not always had the qualifications the moment it saw a prospect of reaching wheroon tobase a just appreciation of the permanent settlement, it would Treaty, but the decision would have been bring the parties together. reached in accordance with the experts" The question was postponed till Thurs- report. Briand was satisfied with day, when a statement will be made Herr Wirth's sincerity and intended to follow the policy of the maintenance of NORWEGIAN TOWN" ADPIS"

BOUCHAVESNES. the Entente

GERMANY'S REPLY:

PARIS, May 1st (delayed), On Marshal Foch's proposal, and to LONDON, MAY 241b.mack its friendship towards France, the The veteran John Ball is going strong, and has won his match, 3/2

Germany's reply to M. Briand's note Norwegian town of Bergen has adopted The American player Bobby Jones, reiterates her intention not to allow Free as godson the devastated village of after narrowly escaping defeat in the Corps troops to proceed to Upper Silesia, Boucharestes, where some of the hardest second round owing to nervousness, bost, but points out that she has no influence Eghts of the war took place. Havas.___ Lbe international Robert Harris, 0/5. over the purely self-defence.organisation

FOURTH ROUND.

in Upper Silesia, which was created SUPREME COUNCIL MEETING. under the administration of the Inter LONDON, May 25th. | Allied Commission. The note declares

Panis, May 21st (delayed). In the fourth round. A. J. Graham that, as a result of Lord D'Abernon's-rc- Belgium, represented by Jaspar (Liverpool) beat the American player presentations, Germany la endeavouring and M. Theunis, will participate in the

Bobby Jones, 6/5, to ease the situation in a practical man- Boulogne conference-Javar. The Englishman Beddard beat. Tolley, ber and is now sending money and food-gr

stuffs to the occupied zone. ---

TRIAL OF WAR CRIMINALS. John Ball beat the American player Douglas on the 19th holo,

EARLIER CABLES. BRITISH SUCCESSES.

LONDON, May 24th In the second round of the Amateur Gail Championship Talley beat the American Guildford by 9 up and 1 to play. Hodgson heat the American Daimet, by one hole

INCREASING THE BRITISH FORCE.

LONDON, May 24th.

last

- INCREASE OF CAPITAL

at

transfer of $263,720.80 from work- ing account 1013 and former years and The last named, reserve fund disappears of $110,270.20. from building reserve fund. from our balance sheet.

He also caught Major Bag by the to its former figure of 81,250,000 The following are the detailed scores, LONDON, May 24th: including Shanghai's overnight total:-

SHANGHAI: Mr. Harmsworth, questioned in the

1st Innings.. House of Commons, declared that the Anglo-Persian agreement was regarded. A. M. Barrett, e Sayer, b Reid 185 as having definitely lapsed.

B. J. Denka, 1.b.w., b. Reid R. IL H. B. Olierdesson; b. Webster, BA J. A. Quayle, e Bagnall, b Reid...28

Muriel, lbw, b. Eayer ................. D. W. Leach, c de Rome, b Reid. 21 Wainwright, run out ameshiri W. M. Ezasoll, e Reith, b Davies.... W. E. O'Hare, h. Davies

SIE EDWARD CARSON.

LONDON, May 24th: The appointment of Bir Edward Car- son as a Lord of Appeal is officially an nouacod.

OBITUARY.

LONDON, May 25th. The death is announced of M. Combes, the French Premier in the time of the Dreyfus case,

H. W. Allison, e Stapleton, b ̈

Davies Bhoorn, not out

Extras

Total

Bowling Anaisia, Capt. P. H. Davica 3 wickets for E. B. Raid E LONDON, May 25th."

BE A Webster ) The death is announced of Mr. A. CG. R. Sayer ....... 1 Carter, Superintendent of Siamese stu-F. I. Farthing ........ 0 - dents in England.

THE TAP DISPUTE.

Naw You, May 5th." The State Department has received a LEIPZIG, May 86th communication from the Japanese Gov Evidence of brutality at Horne Camperament in regard to the Yap mandate. In the flause of Commons, replying to Heynen. The proceedings are market by in war-time is accumulating against

The text has not been published, but questions, Mr. Chamberlain stated it was the impartiality of the President, who oficials, intimate that the tenour of the contemplated, if possible to increase the rebukes unsatisfactory testimony of Ger Note is satisfactory. No definite pro- force of the four British battalions order mana Among the incidents related yes posat in made as to the basis of settle- ed to Upper Silesia from the Rhine. The terday was the case of a Russian prisonment, but it is understood that a direct Ministers of the thrro Allies had confer, who was seen on his kness, with conference between America and Japan is certedly made urgent representations to hands stretched out, imploring Hornen's suggested instead of a discussion by the Warsaw.

United States and the Allies collectively.

Sid meroy

HONGKONG,

5291

runs

1st Inningar Allan Mad

G. E. Sayer, e Mariel, b O'Hara

14.

FJ. de Rome, b O'Hara

0

25

10

Lieut. J. B. Franks, ran out Capt. 0.0. Olliver, b O'Hara AA. Humjahn, 6.O'Hara HE, A Webster b O'Hara C. J. Stapleton, b O'Hare Major H. G. Bagnall, c O'Hara,

Allison

F. H. Farthing, b O'Hara E. B. Raid, Lb.w, b Allison Capt. P. H. Davies, not out

Extras...

Total

Turning to the assets side of our balance sheet,our investments in sterling and other gold securities are set out in detail A list of our other investments in stocks, debentures, shares, etc., is on. the table for the inspection of any share holder desiring to see it.

Far Eastern

Insurance Company, Ltd. You have been notified by circular letter of proposal on the part of the Zangtaze Insurance Association, Ltd., to acquire the Far Eastern Insurance Com- pany Ltd., by offering the shareholdere. of. that company shares of the Yangtaze Ineprance Association, Ltd., plus a cash payment in exchange for their shares in the Far Eastern Co. To enable this achame to be carried out, your authority, is required for the issue of part of our unissued capital and I will proposal

resolution to talk later" on duriklo

the meeting.

The formal/SMARTC 4dopted? and at a later mesang the following resolution, proposed by the

Obairman

and seconded by Mr. Arnhold, was cùr ried

That the Directors be and they are hereby authorized to issue put of the authorized unjamied-capital of the Asso Bciation fully paid shares of the nominal value of 310 cash to a number not ex -4ceeding 30.000 shares for the purpose of allotting the same to shareholders in the Fur Eastern Insurance Company, Ltd., in exchange for a like number of shares. in that company in the ratio, of one share in the Association for one, shaza in the company and also to make pay ment to such shareholders of the sum of. Tla. 5 in cash for each one share in the company held by such shareholders.