1921-09-30 — Page 2

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THE HONGKONG DAILY PRESS, FRIDAY, SELTEMBER SOTA.

THORNYCROFT

JOHN I THORNYCROFT & CO., LIMITED,

SHIPBUILDERS WD ENGINEXES,

LONDON, „SOFTRAMPTON AND

Shanghai

BASINGSTOKL

Office: 10, Kinkiang Road.

15 B.H.P. 30 B.H.P. 50 B.H.P. Engines

in Stock

For quotation apply-

SHANGHAI OFFICE.

DIS TINCTIVE FOOTWEAR

All Styles of Boots & Shoes now ready.

Two New Features :-

"No. 2417" High-Grade Patent Leather Pumps superior quality and best finish throughout

$14.50 pair

"No. 4005 High Grade Patent Leather. Dress Oxford Shoes, Lace Fronts, No Toe-Caps, light Soles and heels $14.50 pair

MACKINTOSH & CO. LTD.

16. DES VOEUX ROAD,

PHONE 99.

"LAMMIT" ASBESTOS-CEMENTS SHEETS

The Ideal material for Hot climates.

For roofs, partitions & celllags.

It is light & strong.

It does not conduct heat.

It is practically indestructable.

It does not rust of corrode.

It is insect & vermin proof.

We carry large stocks and shall be pleased to quote prices and

give you particulars.

SOLE AGENTS:-

Telephone 1030.".

DODWELL & CO., LTD.,

Machinery Dept.

BRITAIN'S BEST

[1129

BOOT

THE "WAUKEEZI"

AT

WHITEAWAY'S

We have just received a consignment of the above make in GENTS BRogue ShoES HEAVY. AND LIGHT in BLACK and BROWN. Half Sizes.

LOWEST POSSIBLE PRICES.

$22.50

AND

$24.50

PHILLPS RUBBER SOLES & HEELS $2.75 set

COBRA BOOT POLISH & CREAM

钴

Black and Brown 25 and 35 cts ALL NEW STOCK. JUST RECEIVED

WHITEAWAY'S BIG STORE

WHERE YOUR DOLLAR GOES FARTHEST TERMS CASH NO ACCOUNTS OPENED.

WHITEAWAY, LAIDLAW & CO., LTD.

" MTB

HONGKONG.

CHINA'S FIRST CORPORA-

STION, BONDS.

RD THE BUREAU OF ECONOMIC

INFORMATION.]

CRUELTY TO KOREANS.

EIGHT YEARS IMPRISONMENT]

FOR A JAPANESE SOLDIER

A sensational story of a campaign of Murder, robbery nad other craghty among The indern method of borrowing from) 156. Körean residents of Siberia conduct the public by means of bonds is rapidlyed by a Japanese interpreter who bas recently arrived in Japan to serve an developing in China. Since the first sight-year senteues for his action is re year of the Republic (1912) quite a few ported in the Wichs Ficha Following tho domestic luns have been issued by the return of the interpreter, Yakiya Kamiya, to Vladivostock from a search for Korson Chinese Government to the investing insurgenta he was arrested by the gendar public, which have been successfully merie, and an investigation was held, Honted by Chinese bankers. They acement to an eight-year term in prison.

resulting in his conviction and commit; however, all Government. borrowings.

Kamiya was serving in the Grovekovo Many Chinese bankers were not alto

detachment of the 11th Division ather satised with that success, but ad vostock, and lost June he sent a from it they reached the conclusion that messenger to General Savel and Capt. until this method of gathering money Chilume of "the Cossacks, requesting a from the public is used to help indu Russian bodyguard to accompany him is tries and trade, the mere success of bond a search for Korean insurgents,- Three issuing does not in any way improveofficers and four privates were granted China's economic development. They have, therefore, waited for a proper op him and he was allowed to carry two portunity to make the innovation of involvera himself. suing bonds for corporations..

10

It is alleged that the Japanese ordered that all Korean homes be searched for The opportunity came at last, when weapons, and they were given liberty to recently live of the Land Reclamation confiscate any belongings of the KoreanS Companies organized by Mr. Chang Cha that they might desire. He ordered that of Nantungchow, and his brother, Mr. any resistance should be met with death. Chang Chien, formerly Minister of On their arrival at a Korean colony of Agriaulture and Commerce, wanted to Grodekovo Kamiya at the head of his raise their working capital by borrowing party forced their way into a Korean the necessary amount. At the suggestion home by using their firearms-A daugh- of Mr. Chang Kiang-an, the viceter in the family was killed by a shot Governor of the Bank of China, a group through the breast. gold ring was of bankers accepted the proposition. A taken from the dead girl's hand, and syndicate was formed among the members money was taken from the family,

At another house nearby they obtained of the Shanghai Chinese Bankers' Asser ciation and the members of the Shanghai 625 roubles, the entirely family fortune. Private Dunking Houses' Guild to under: The neighbouring sections were visited in write a fan of five million dollars Mrtabout the same manner, several Koreans Chung Klangan is a progressive banket being killed or wounded. Upon his return. and has been responsible for many of to Vladivostock, news of his conduct the most modern developments in Chinese caused Kamiya's arrest. After an inves banking in recent years. Ha initiated tigation he was court martialed and bas and strongly supported the organization now been sent to Japan to herve, his of the Shanghai and the Peking. Bankers' sentence. Association; he initiated also the publ ention of the Shanghai and the Peking Bankers' Magazines, and the formation of the Chinese Banking Group to under write the Government Railway Car Loan and the Government Shanghai Mint Loan, and has strongly advocated, con solidating the public domestic loans. All these plans have been brilliantly suces

ful..

The five companies in this group are the largest of the so-called Salt and Land Reclamation Companies," organize ed by Messrs. Chang Cha, Chang Chien, and "Chang Chien, junior, covering a distance of 300 miles on either side of the

PACIFIC STRATEGY:

(19)

*

WORLD THEATRE

PHONE. 1337

PHONE. 1357

Hongkong's Most Modern Picture Falace. (Entirely under British Management)

TO-NIGHT! TO-NIGHT

9.15

AT

THE STUPENDOUS "SPECTACULAR SENSATION

THE

"SYMBOL OF SACRIFICE"

Some three weeks ago, before Japan had formally signified her acceptance of the American invitation to .confer on the subject of armaments, it was report A led from Tokyo at the Imperial Govern- ment was then considering a proposal which originated with the Japanese ndval authorities, having in view fortification of island zones and a de- claration of the freedom of the Paciäc. This proposal, the message added, was to

the non-

For years past there has been talk of

Story of The BRITISH FLAG, and Its GLORY

8 REELS

WONDERFUL COMBINATION OF GENIUS

in STAGING and MARVELLOUS

CINEMATOGRAPHY. PRODUCTION MORE ARTISTIC, more thrilling,

More Fascinating and more powerful than anything

Hwei River, for width of 40 to 60 miles, be forwarded to Washington with a view A along the seashore: Formally, this vast to its being placed on the agenda for delta was waste land reserved for the the Conference. As nothing further bas exclusive use of salt production and it been heard of the suggestion up to now, has supplied the country" with salt for it may have been dropped. In any case some four thousand years. On there it is very unlikely that America would gion, the section south of the Hwei Ever have approved a plan so obviously dis

to the Yangtze produces sait of much advantageous to herself. The effect of Usual inferior quality though by more costly such an agreement would be to deny to means than the section north of the the United States the right of providing Hwei. Mr. Chang Chien saw the economy secure bases for her fleet in the Western of increasing the quota of salt production Pacific, and would consequently close that of the Hwal North section and reclaiming area to the American Navy for all prac. the southern section for agricultural purtical purposes. poses, and be brought about the reform..

In 1901, he organized the Tung Ha building forts and a modern dockyard either in the Philippines or the Mari Reclamation and Baach Company to begin the reclamation from the Yangtze anne islands, to enable a large fleet to River bank northward, and it met with perate in defence of America's insular. possessions, which are distant thousands great success in the course of 15 or of miles from the United States; but years, much of the land being used for cotton production. Then, a series of land far next to nothing has been done in this direction. The Japanese "papers reclamation companies (many of them always refer to Guam as a first-class are known as Salt and Land Reclam fortified base, whereas it is a practically tion

companies, as salt is still produced in small quantities for the time being. undefonded cogling station with no dock- yard facilities." American strategists are just to comply with the letter of some

most anxious, to see Guam properly antiquated laws now in process of being equipped as a Beet base, while the abolished) were organized namely, the Japanese are just as anxious that the Ta Yu, the Ta Lai, the Ta Feng, the work should, tot proceed. Hence, their Hua Cheng, the sin Nan, the Ta.Ka. the Ta Fu, the Ta Kang, in Sin Tung, offer to make no strategic use of the ex- German islands on condition that the the Tai Yuen, the Chung Fu, the Hted States abandous its contemplated Feng, and the Wa Ku Company. In all aval work at Guam and Cavite. This the reclaimed land totals about five offer apparently ignores the fact that milion mow. At the rate of 00 patties pa is already forbidden, by the terms of entton per mow per year, the annual of her inandate, from fortifying or ex production should average some thirty plotting for military purposes any of the millibu piculs which at market price is worth co to 70 million German temories of which she is in dollars. If the land is valued at succupation Consequently her proposed per mow when cultivated, then the total value of land is about $100.000,000, Should tenant families of 3 persons be given 25 mow each to cultivate then the whole of the land could provide subsist ence for from six to seven million people. The live companies to issh the bonds

are:-

Company Naine. The Ta Yat Tai The Ta Li The Ta Yu.

the current

A Pa

gain is based upon a right which he does not pussces, as the US Govern will doubtless point out to her old the Toky suggestion be laid be- fore them.Nazal and Militäry Record.

yet presented to the Public of Hongkong. Prices-Secure your seats early from Messrs. MEHTA & Co.

MATINEE PROGRAMMES

Friday to Monday

5.15 p.m. The KINGDOM of LOVE.

2.30 and 7.15 pm.

FINAL EPISODE of VANISHING TRAILS.

APPOINTMENT

Apollinaris

NATURAL MINERAL WATER,

Since its foundation in 1872, the. Apollinaris business has

"ALWAYS

BEEN BRITISH-OWNED.

THE APOLLINARIS CO., LTD.

Obtainable in Quarta, Pints & Splits at

HONGKONG HOTEL,

REPULSE BAY HOTEL

Sold by

WING ON CO..

SINCERE CO.

EMPRESS STORE, KOWLOON," and all the Leading Clubs & Stores.

LANE, CRAWFORD & CO.

11166

723

On this basis, the Shanghai banks and private banking houses and some private Year Capi Organized. in Mat (inmow). pursons forwed a syndicate, which con

19 So to tracted to handle the loan for the' com- 1915 2,000 200, pasties The loan will be divided into 19. $150000; two issues. In the first insus, the amount in three million dollars for a term of The Fun 1917 £2.00 100.0 0 The Hun Cheng1917 $129000 five years at an interest of eight per All these companies have fom the cent. per naum, with a bonus of 12 mow start undertaken more than the capital of land per $1,000 loan at the end of could cover. They have consequently the 5th year, which is estimated to be been obliged to contract numeros lcans worth about $240. at more or less exhorbitant rad.of in- Besides the terms provided in the con Lerest, which they now desire refund tract, the bankers" demanded that thr with a large long term loan. Ain, in companies jointly establish modern the two years past, the damage one to agricultural experimental station, to be the crop by insects has been erous staffed by European or American ex- Many tenants did not, realize cough to perts, sasisted by Western-trained Chin- enable them to pay rent, with result cae specialists, The annual budget for that many lots of improved ad are this station is $18,000, of which 810,000 tenantless. This has caused an ormons is to be paid by the Companies and the shrinkage in income, ani, the panics balance by the bankers. The station is have been forced to borrow further to be directed by a board of five, 'oon. capital.

sisting of a representative of the Bank- Before considering the flotatio of the ers, a representative of the Companies, loan, Mr. Chang Kiang-an,, dug laat and three scientists (who are (1) the May, made an inspection trip rough Dean of the Agricultural School of the WE MANUFACTURE, EXPORT, & RETAIL --- the property of the first four of he ave Government South Eastern University ia companies mentioned above, was Nanking, (2) a Professor of Agriculture accompanied by a staff of fivor six of the University of Nanking, and (3) a experienced specialista in civilgineer Professor of the University of Nantung ing, soil geology, agronomy, cotta crops, Agricultural School). The Government and farm management. The o panics' South Eastern University Agricultural reports were very carefully alyzed. School has undertaken to assist the estab Inquiries were made from reapsible lishment of the Experimental Station by mon on the companies manage staff. its staff. The Dean of that School, Mr. Close Batimates were mado wolf B. M. Taou, is now on his way to the. scrutinized data. The conclon was United States to engage expert American nitimatoly, reached that it is gl busi scientists for the Station nesa proposition to float-los of fivo million dollardan key

(Continued at foot of nest conn.)

The first issue of $3,000,000 bonds has been anderwritten. Only a few of the bonds will probably reach the public.

SWATOW DRAWN THREAD WORKS.

ALL KINDS OF EMBROIDERIES, HAND-MADE LACE-FILET. CROCHET, ETC.

LATEST DESIGNS GOOD QUALITIES,

738]

REASONABLE PRICES, SWATOW DRAWN WORK có

14, Den Vaux Ed., Central Pax No. 2860.