1922-01-07 — Page 5

Page

CABLES.

LATEST CABLES. {THROUGH KAUTER'S AGENCY.]

WASHINGTON CONFERENCE, ROOT PROPOSALS FINALLY ACCEPTED..

WASHINGTON, January 6th. The full Nayal Committee has finally accepted the first two Root proposals applying existing naval warfare rules tó submarines and banning All submarina attacks against merchantmen, the ban becoming immediately effective between the Give signatory Powers..

V.

All the other nations are invited to

adhere to the prohibition of submarine attacks against merchantmen. MR. LENOX SIMPSON OFFERS A COMPLAINT.

LONDON, January 6th. Mr. Lenox Simpson writes to the Press from Washington comptaining of the total inadequacy of the treatment of Chinese matters. He says that little progress, has been male regarding the „Įvai rehabilitation of China, and that the various declarations and possible guaranted treaties mean nothing as fur ther inroads upon China's independence became impossible over a year ago. He complains that the railways have not

THE HONGKONG DAILY PRESS.

LATEST CABLES.

EX-HNEMY SHIPS. LOBD INCHCAPE COMPLETES HIS

TASK

LONDON, January 8th. Lord Inchcape has completed has task of selling 417 ex-onomy ships and 63 Government and prize ships.

SEAMEN'S WAGES. REDUCTIONS ANNOUNCED FROM NEW YORK...

NEW YORK, January 6th. The American Steamship Owners As sociation announces immediate wage re ductions of fifteen per cent. and upwards in order to meet foreign competition, Officers' pay is reduced by fifteen per cent.. EXPLOSION ABOARD

DESTROYER.

MANY GREEKS KILLED AND INJURED.

ATHENS, January 6th. Twenty-one were killed and injured by the explosion of a submarine-bomb aboard the Greek destroyer, Leon, lying at Piraeus.

SELECTED ASIATICS...

WANTED IN NORTHERN TERRI- TORY OF AUSTRALIA.

Sensex January eb.

LAFEST CABLES.

THE HARTLEPOOL FIR", TWENTY-EIGHT BRIGADES HELP TO QUELL IT.

tended for a mile.

lost.

EARLIER CABLES.

CANNES.

REPORTED BRITISH REPARATIONS

SATURDAY, JANUARY 7TH, 1919

P. AND O. COMPANY'S YEAR: LORD INCHCAPE'S REVIEW AT

LORD NORTHCLIFFE'S IMPRESSIONS.

WONDERFUL OBREMONIES AT.

Cambodia..

ANGKOR

RUBBER COMPANY

MEETINGS,

MALAKA PINDA ESTATES.

At the eleventh annual general meeting Ltd., at Singapore, last week, the Chair- of the Malaka Pinda Rubber Estates,

ALOR GAJAFI. RUBBER

N

ANNUAL MEETING.

Lord Inchcapo, presiding over the annual meeting of the Peninsular and LONDON, January 6th.

In a statement to the Bangkok Times under control in consequence of the exer- mentioned that since August he had been

The fire at Hartlepool has been got Oriental Steam Navigation Company, Lord Northcliffe said; tions of twenty-eight brigades

"Coming from Europe and the United said that for 1919-90 there was a About

the Economy Committee with every other, it is curious to find of which period the Company had to pay engaged on

States, whore every place in linked up des profit of $134,344,17 as compared with seventy houses, mostly tenements, have been completely and many others partially appointed by the Government under the here no account of the wonderful cure 89,031,06 income tax because the tax had

a loss of $4,884.01 for 102091 in respect. destroyed. The flames at one time ex- chairmanship of Sir Erie Peddes to monirs last Saturday, at Angkor, in to be based on the profit and loss account No lives have been enquire into the public expenditure:Angkor it, of course, difficult to got stead of that for year ended December for the year onded August 31st, 1920, in- which ad reached figures which the coura. I believe that my secretary and 31st, 2020. try could no longer stand. Even if he were the only English people among the the inception of the Company in Novem- This is the first time since bad had time to prepare lengthy notes he great crowd there. THE NEW CONFERENCE AT could have added little to what he had "We were accompanied by Governor,

ber, 1909, that it has sustained any loss preached from many platforms in the General Long from Saigon to Prom depression the Chairman said should sal- at all. The abnormal world-wide trade last few years. The nation had heca Peah, thence by the route ending in foiently explain how the loss had arisen, greatly impoverished by the war and if six hours crossing of the lake to the vast especially as the Company's past floid- PROPOSAL

it were to regain the first line of defeace, ruins of Angkor, which was solvency, it must curtail "One of the savants who is in the 1990, almost exactly coincided with the cial year which commenced in September LONDON January 5th.

expenditure in every direction. We had service of the French Government in The eyes of Europe are fixed anxiously schemes and

launched, ont into all sorts of wild-cat constant study of these ruins, estimated Company obtained only 23.09 cta per lb.

wont period of the world slump.

Ta had made commitments that the very well preserved ruin of the for its rubber for the past year as against 9 upon the Cannes conference. The prob- which, if not modified would lead to chief temple is forty times the size of the price of 73.81 eta secured for the lem facing Mr. Lloyd George is to bankruptcy. It was realised now that we Trafalgar Square in London. reparations, armaments and relations now heaven and now earth on which we of Angkor had arranged to celebrate the cont. of that loss, represents, amount concile British and French views on had no funds with which to build up the with Germany and Russia.

The King and the French authorities preceding period. However, it might be stated that $20,307.09, L., about 50 por In regard to reparations, it is reported started three years ago. The multi- arrival of Marshal Joffre by one of the allowed for depreciation of buildings, that the British propose that German nation into an enormous expenditure and tory. I have seen nothing in India to loss was only $2,556.84

plication of Ministries was landing, the most gorgeous functions in modern his machinery, etc., so that the actual each goid payments in 1922 be limited to £25,000,000 payable by instalments ending functionaries who were living on the of the twelfth century, in which the the country was getting filled up with equal is It consisted of a royal cortege on April 13th. the balance of the people. Well-meaning pundits and idea King himself Boyal Princes and Prin £100,000,000 liability to be fulfilled by lists got departments and launched out cases, and Ministers took part, dressed deliveries in kind,

regardless of cost. According to a recent in most beautiful silk costumes largely of Alor Gajah Rubber Estate, Ltd., the The South Australian Prime Minister.preliminary two-hours conversation with statement in the House of Commons half copied from bas reliels on the tempit Chairman' said the results for the year At the twelfth annual general meeting Mr. Lloyd George, bae already had a Mr. Barwell, in the Adelaide Register, M. Briand.

a million houses were to have been built walls. The former is known to Territory by the settlement of selected, tional economic, and possibly political outlay at a lower rent than £75 per year though eighty-three years of age, is very cents only. The all-in cost was on the advocates development of the Northern en bertara ambitious plans for interna would not give

at a cost of £300,000,000-bouses which "The central figure of the groat pro Company's all-in cost was 50.99 cents per shewed a somewhat heavy loss. The return on the capital oession wda the King himself, who, lb, and the restricted erop realized 26 Asiatics with full citizen rights.

co-operation to get Europe on her feet and which could not be lot for more active. It was what the newspapers at high side. The entirs estate was put on again, with the participation of Germany than 216. Fortunately the Prime Minishoma like to describe as a roof alternate day tapping in December, and and Russia. The stumbling-block inter had stopped in and had succeeded in colour strong distrust of Germany. It is anti-which had been started. But even is participated in the procession, which against a crop of 11,000 lbs. for Novem Paris and some British quarters is a limiting their number to the 176,000

# Between two, and three thousand

the crop for January fell to 4,790 lbs. aa cipated that wider international con reduced number would cost the country took place in the most brilliant sunlight.

ber. ference will follow the present, one.

On a small estate auch, as Alor £176,000,000 and the taxpayer would be "I do not know how many Cambodian charge on the cost per lb. The estimated Gajah, overhead charges were a heavy saddled with £10,000,000 yearly to make dancers participated up the deficiency on rent for the next 60 dances there were. The procession was at a fab. of 6.79 cents per ib. how many crop for the current year is 120,000 lba. yours,

so dazzling that it was difficult to make As even temporary accommodation could detailed mental notes, but I remember not be arranged for, the Directors had Dow costing £10,000,000 yearly as against one-fourth counting over fifty elephants. The of no option but to increase the issued of that sum before the war. The teachers Banization was perfect. two years age and had been more than the thing it was the large number of cine expenditure is anticipated and the fin salaries were based on the standard of

"If there was any incongruity about was fully taken up. No further capital capital by 40,000 shares, and the issue doubled and the resulting pensions, if matograph operators and photographer ances of the Company are now in a coa- maintained, would shortly involve us in Paris, and, I understand, from Losfortabic position. another £10,000,000 yearly. It was néces

Angeles.

The Company now THE OPENING PROCEEDINGS.

sary to realise that the Government and

A similar proccasion on a much this area 50 acres are now. baing rested.. have 619 acres of mature rabber and of the local authorities had no fund to draw smaller scale took place in 1914, but the The labour force on the estate is entirely CANNES, January 5th. The conference opened quietly.

apon except what they extracted from films then made melted, owing to the host composed of Tamfis, sal no difficulty is Sir the people.

and were never seen. This time great experienced in keeping the number; up Robert Horne, M. Loucheur, and the Italian and Belgian Bnancial representa

preparations had been made

to the required strength. tives held a preliminary reparations con ference this morning, while Mr. Lloyd George in the afternoon consulted. Mr. Briand and Baron Bonomi upon questions of policy..

FOOD FOR RUSSIA.

engaged attention and that the inter-THIRTY VESSELS TO CARRY GRAIN, national finance question has not been put in the foreground though it is destin ed during the next five years to lead to

WASHINGTON, January 8th.. very violent struggles and almost cer

At Mr. Hoover's request the Shippi tainly to open warfare.

Board is assigning thirty vessels to carry grain to Russia; Mr. Hoover, animadverted on the fact that the cost by American vessels is eight dollars per ton and by foreign five to transport cargo, to the Baltic.

THE END NOW IN SIGHT.

LONDON, January 6th. It is stated on high authority that the End of the Washington Conference is in "sight. A plenary session will probably

be held at the end of the week when the Five Power Naval Treaty will be made › known. Another plenary session next week for submission of the Nine Power Treaty concerning China would free the delegates and only ratification by the respective parliamenti would be necessary to seal the Conference's achievements. It is reported that the draft naval, treaty includes an important provision under which, if any of the signatories are "threatened by war by outside Powers, the Giva Powers will meet in consultation, thus extending the consultation provision contained in the Pacific Paét.

It is apparently new agreed to inter- pret the Pacific Treaty as excluding Japan's homeland. though including Australia-and-New Zealand. This inter pretation will probably facilitate zatif cation by the United States Senate..

NEW PHASE OF SHANTUNG NEGOTIATIONS.

JJ

THE DAIL EIREANN DEBATE.

KIDNAPPED. "TIMES" CORRES

PONDENT RELEASED.

LONDON, January 8th. released at Cork after a Sinn Fein court Mr. Kay, the Times' correspondent, was of enquiry.

"TIMES

EARLIER CABLES.

CORRESPONDENT

KIDNAPPED.

LONDON, January 5th. Mr Kay; the Timer correspondent at Dublin, has been kidnapped. The Press me at Dail Eireann have demanded his immediate release and the punishment of the raiders.

THE EX-KAISER SUED.

INTERESTING LAW-SUIT IN

BERLIN

M. BRIAND'S ALLEGATION

AVAGAINST BRITAIN;

BEUSEELS, January 5th, Interviewed by a Belgian journalist at Cannes, M. Briand accused Britain of isolating France and Belgium by a fin- Promised support of Belgian priority in cial" agreement of August 13th, which connection with reparations if Belgium supported Britain against France on the moratorium question

12

It is understood that Marquis Curzon and the Marquis della Torotta discussed the Asia Minor question, but this is likely to be settled at the present con- forence, as the agenda is over full. ANGLO-FRENCH RELATIONS.

THE FRENCH NAVAL POLICY.

Education Was

THE ONLY NOTE.

Over

or

*

PAJAM, LIMITED.

In the evening, by moonlight and cd by excessive taxation less money was historic dances, not at all unlike those I If industrial undertakings were deplet-candle light, there was a long series of available for the expansion of industry. have seen in China, Japan and KoreR.. There was less employment in the coun

At the twelfth annual general meeting "One of the principal figures of the of Pajam, Limited, the Chairman said try, and reduced standard of living cortege was the royal favourite. She at that although attention was directed to all round was unable to increase revenue. tracted, great attention, especially among curtailment of expenditure carly in the The only hope lay in the reduction of the many ladies present. Another fear financial year the reduction would not unexpenditure and to this end he did not ture was the display of jewels

doubt that the common sense of the

keep pace with the heavy, drop in the "As to Bangkok, it a surprise to my price of rubber. The loss on the year's country would come to its aid. He was little party. It greatly exceeds our anti working would have been converted into from Government control and hoped planning. The Grand Palace and Temple sot been that one of their forward con- glad that the shipping industry was nowcipation as to size, population and town a profit of about the same amount had it that before long the trade of the country of the Emerald Buddha surpass in tracts had not been fulfilled, the purchas would have settled down to a normini oo magnificance anything I have seen in or having gone into liquidation. There Zadition free to work out its own salva- India, China, Japan, or Europa Meanwhile the resumed Shantung nego-

PAKIS, January 3rd (delayed),

tion and to make profits from which to "We greatly regret that, owing to con- receiving a good portion of their oldim. was every probability of the Company tiations have beenme complicated. It is

Lending papers are giving prominence contribute to revenue. reported at the new Chinese Govern

to the reshaping of French and British

stant alteration of the date of the sailing The all-in cost was 48.60 cesta perb. ment has accepted a loan from Japan the widow of Prince Joachim of Prussit, be, on a safer and more definite balls.

A piquant case opened here, in which relations, however excellent, these may putee bad proved disastrous and he hoped we are-deprived of three or four days of year. A considerable.

Government intereference in trade dis of our ship, the Nellore, from Penang, compared with 47.33 cents in the previous against which it has abandoned import who recently committed suicide, sued the Le Matin shows reasons why France that the country had learned its lesson.

reduction had been ant points in its Shantung claim. The ex-Kaiser for maintenance, grounding must more than ever keep a watchful eye

affected lately and this would be still Chinese, delegates are believed to have her claim uper the laws of the House of on Germany on land and soo. The immense of the sale of ex-enemy ships for the

to restore full tapping There has Keen Recalling his undertaking of years ago

more visible if it were thought advisable been instructed to settle the problem ou

Hohenzollern. Counsel for the defence French coastal fronts need protection at Government, Lord Inchcare stated that

o disturbing feature in the course of 1 compromise basis which the delegates claimed that the laws were no longer first hand the same as the land frontier. he had so far disposed of 445 vessels for

the estate. The restriction of tapping to have hitherto persistently refused. regards the Chinese, demand for discus

Finally, the case was adjourned, Submarines are efficient defensive weapons, upwards of £20,000,000. He had very few

about 50 per cent. had enabled the Com- sion of the Twenty-one Demand Treaty mise.

as there is some prospect of a compre and efficient defensive weapons are cheap left to sell and he would be glad when the

pany to dispense with expensive Chinese it is reported that they pointed out that

or than Dreadnoughts. France insista, rather troublesome and thankless task

labour. The Tamil force had been ample While they have hitherto failed to obtain JAPANESE NAVAL VISIT TO

therefore, on a submarine tonnage strictly was finished.

for requirements. discussion China has thus effectually re- Herved treedom of action in the matter at same future conference..

".

As valid.

BERLIN, January 5th.

FRANCE.

AN APPRECIATIVE MESSAGE., 16 PARIS, January 4th.

wired to M. Guisthau," Minister for The Japanese Naval Secretary has Navy, his thanks for the recent cordial reception of the Japanese squadron at French ports, and expressed a wish that the bonds between the two Navies may become still more, intimate.-Haves

LATHE FOREIGN TROOPS IN CHINA. The resolution looking to the with drawal of foreign troops from China, "whanover China shall assure the protec tion of the lives and property of foreign- er in China," anys that."the represents tives at Peking of the Powers at this Con- ference will be instructed whenever, Chins shall se request to associate themselves with three representatives of China and to conduct a full and impartial enquiry into, the issues raised by a declaration of the Powers' intention to withdraw their armed forces. This Commission shall pre- para a full and comprehensive report set- sing out without reservation their find. ings of fact and opinion when concluded.. Each of the signatory Powers shall be deemed free to accept or reject all or any of the findings expressed in the Commia- sion's report but such acceptance shall in no case be dependent directly or indirect

ly upon the granting by Ching of any special concession, favour, benefit or im- manity, whether political or economic."

CANADIAN NICKLE COINS,

OTTAWA, January 5th. The first Canadian nickels have been coined at the Royal Mint, replacing the 5-cent silver pieces.

A

EARLIER CABLES., BEYISED CHINESE TARIFF APPROVED.

WASHINGTON, January Ath

in keeping with the needs of her own POOR WORKING AND HIGH COSTB. security. The paper claims that the Turning to the directors' report, the programme conceals no intention hostile speaker greatly regretted that they felt

our visit in Stam.

kok is so interesting that we feel a strong "There is so much to see hore. Bang. sense of personal regret that our pro gramme is so short. We envy Marshal Fuffre his longer stay."

In order to pay for now ships they had The resources of the Company were had to realise War Loan investments as quito sufficient for their requirements. serious dous and to write down to the The ruling price of rubber showed a fair present market values those they still profit on working costa, the result being that the estate is approaching a dividend Under the

to Britain, against whose naval armar compelled to withhold the bonus for the held wiRKIE. Maritime Wages paying stage.

ments France will never protest. British people would realize the French view or Lancashire laid bare and barren as point if they had their own Devonshire are some of France's richest provinces.

GANDHI TO ATTEND.

Board, set up in November, 1917, wages creases at the time were borne by the had tenoriously increased Those in Government, for ships were under Goy distributed the tax payers money with a errent requisition and the Government

WACKS AFLOAT MUST COME DOWN.

D

"BANTAM (JAVA) RUBBER.

past year. The dividend and bonus for the year ending September 30th, 1914, ended September 30th last it was 12 per totalled 15 per cent, and for the year

cent or 3 per cent to the bad. In the Daily Mail had with M. Briand, the tors, if they had not reduced the divid

Estate, Ltd., held on November 20th at Presiding at the ordinary general meet- In an interview which the Continental present condition of shipping the dires

ing of the Bantam (Java) Rubber lattor spoke in favour of a Franco-British end, would have been guilty of imprudlavish hand.

Winchester House, E.C., Mr. Percy alliance, which would be the best proof esce. They had to look to the future and that the French naval programme is not to husband their resources. They were

Cross, in moving the adoption of the re- and can never be directed against for passing through a period of unprecedent charged from Government service and went, and also making adequate depre But once the vessels had been disport, said that, after writing off the British friends.—Favas.

ed depression and in lowering the distri economic conditions had to be faced it siation for plant and machinery, 22,137 expenditure during the year on develop POLITICAL CONFERENCE AT with most shipping companies they had bution they were not alone. In common

was found that these high wages could remained. Thy were, therefore one of BOMBAY.

had a wretched year. Government con Wages had been alightly reduced but they profit on the year's working, without not be paid out of commercial earnings: the select few companies that could show trel of coal had caused enormous prices were still much beyond what ship-owners bringing in the return of excess profits during the spring. Then came the coal could afford to pay, and, in consequence, duty, which the company was entitled to atrike which drove ships to the Contin 850 British ships of 1,117,002 tons were BOMBAY, January 5th.

ent for coad, while the joiners' strike and at this moment laid up in the United Mr. Gandhi has signified his willing the delays it involved had driven steamers Kingdom and probably as much tonnage

BATAK RABIT RUBBER.. neas to attend the conference at Bombay to the Continent for overhaul. They on the 14th inst. convened by Pundit bad, besides, to bear enormous increases United Kingdom, with the result that the Batak Babit Rubber Estate, Ltd., again, if not more, in ports outside the The eleventh annual general meeting of A committee of representatives of the Malaviya and a number of other non-in wages both afoat asd ashore, and, to thousands of captains, officers, engineers was hold on November 20th, at Pinners" nino Powers has approved the increase in Party leadors, to which representatives crown all the trade unions and the wages and men were unemployed while those Hall, 8 and 9, Austin Friars, E.0., Mr. of all shades of political opinion have boards kept production costs so high remaining in employment wers drawing . L. Hamilton (the chairman) said the Chinese Customs to an effective is been invited

that the world had been unable to pur pay much above the economic rate There the result of the year's working was a chase. from us and steamers had been was no uso mincing matters Wages profit of £3,208, which shareholders might leaving the country with nothing more afloat would have to come down if British say hardly justified the payment of n than ballast, cargoes, often not with these shipping was to bold its own. and, consequently, the greatly casoned

dividend absorbing £3,750, but when he demand for imported raw material made and engineers, they had done what they tion of the company he thought they In regard to the unemployed officers had explained the strong financial posi- NEW YORK, January 5th.

it increasingly difficult to find Homeward The World reports that the Postmaster cargoes. Some of their cargo steamers could in granting half pay for a certain would agree that were justified in mak General has signed a 3-year contract to they had laid up, but the obligation to period and although this meant a con- ing this mall distribution. industry at an annual salary of $150,000 up of mail and passenger steamers which would approve the course adopted. The this was not all. They had a claim for become director-general of the kinema maintain services prevented the laying cources he felt sure that the meeting end they would carry forward £7.049,, but siderable charge on the company's re After payment of the proposed divid

WASHINGTON, January Ba.

had been kept running, although at a dorkers' wages, which had been fixed by refund of excess profits duty, amounting abolition of likin and the fulfilment of doing the beneficial results "PEACE AND MODERATION," As exemplifying the scarcity of cargo, 16s, for a day of sight hours, bad lately bated profit-up-to $10,096, figure which,

Reviewing the work of the Conference POLISH MINISTER FAVOURS had been China's other treaty obligations and whils

a. Government Tribunal in May, 1920, at to £3,847, which would bring undistri these matters are being adjusted two and merging herefrom, one of the most dis

half per cent, sartax on most dutiable tinguished members of the British dined M. Ikirmant, the Polish Minister of to Adelaide, Melbourne and Sydney had in the former days, and while it costs for £11,108 under what is known as the the Peninsula and Oriental branch line beon reduced to 14%, but tonnage handled justified the dividend recommended. WARSAW, January sth. imports will be authorised with five per gation declared that China had obtained Foreign Affairs, receiving Press reprs in the last financial year despatched per ton to work earge in Antwerp the Merlimau decision.

which runs a regular service from London per man per hour was much less than Apart from this, they had a further claim cont. permitted on certain luxuries. The good deal agreement further Provides t that tariff

pointed out that the Powers had sentatives, outlined the great strides eleven revision, wi I be carried out forthwith at agreed to form a nursing ring round made in 1921 by Poland towards scone Shanghai on the general lines of the China in order to prevent "her from analy attached to that Poland rousing fast revision and will proceed as rapidly being damaged during the process of firmly into a polley of peace and as possible with a view to its completion volution. He instanced how the United

ovolution resulting from her rocentre moderation-Havar. Drops ithin four months

tha from the conclusion of the present conference and that tariff States took seventy-five yearn to establish AMERICAN LOAN TO ----

CHINA'S TARIFF. RATE.

WASHINGTON January 6th

The increase in China's tariff rate is expected to swell her income by forty-six million dollars. The Chinese delegates,

For cent

FOREIGN TROOPS TO BE

WITHDRAWN; U

WASHINGTON, January 6th. The Far Eastern Committee has passed

however, expressed disappointment that a resolution providing for the eventual no definite date had been fixed for withdrawal of foreign troops from

the withdrawal of foreign supervision China

of Chinese customa.

The agreemcat WHAT CHINA HAS GAINED FROM

states that immediate steps will be taken through a conference of China and the Powers interested for the

TTVISION wil become effective two months after publication withouf" awaiting rati

tion." Another revision is planned in years after which there will be rovi DN every seven-years. *- Lontinued at foot of next column)

2

THE CONFERENCE.

"

a stable government, while the Chinese Republic had only existed a decade.. Ho deciated that the moral pledge entared into by eight nations to support China was a thing no nation had ever obtained before in the history of the world.

-POSTMASTER-GENERAL'S-

8160.000 CONTRACT.

"

101,000 tons of cargo and thees had sailed

steamers capable of carrying cost in Middlesboro was

with 500,000 (1) tons of unfilled space. commission of the P and O. associated expected transports that the

During the past year the steamers in The Tatest information regarding the The Board had foreseen that alter the lines numbered 444 and had traversed Himalays leaves Singapore at noon on war the company would be faced with 15,333,081 nautical miles and carried th January, and is unlikely to arrive in dificulties and they refrained from ro 13,236,981 tons of cargo and 8,111,564 pas Hongkong before daylight on 18th Janu commouding any large increase of divid-sengers DENMARK.

and, and instead of distributing their

The ss. Diluard is expected to AZIZcash resources they muggested small On the motion of the Chairman, the

reach Hongkong on the 13th January and WASHINGTON, January 5th bonus in stock That policy, he thought, dividend for the half year weard be embarked on the s.s. Dilwara on leave on the 14th January The detailed Negotiations have been concinded for would eventually prove to have been 6-2 per cent. on preferred stock, less the 13th January and no families will be married families of the 2/Wilm Regt. 30,000,000 loam, by the National City nightonte S Bank of New York to Denmark.

income tax, and 8 per cent. on deferred required to move to Mount Austin stock, free uf "income tax.

BATTACKS.

(Continued at foot of next column.)

DIVIDEND, *