1922-01-12 — Page 2

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TEL- HONGKONG DAILY PRIME THURSDAY, JANUARY 1978, LMS.

Particularly

in relation to articles of food, the quality is of greater relative import- ance than the price. A smaller quantity of the best quality is, from a health point of view, more ben- ficial than a large quantity inferior quality.

ן

Stimulants are suspect now because the war has produced a world shortage of matured spirits. It is better for you to drink one glass of matured spirits than any quantity* of immature spirit.

"She then cabin

MAS

Many lives have been saved by the timely use of good stimulants. Many

lives have been lost by the use of

bad stimulants.

You should be prepared to pay the top price, and get, if you can

Haig &Haig Five Stars Scots Whisky

There is nothing better, but naturally the quantity is limited,

DISTRIBUTING AGENT:

DONNELLY & WHYTE, HONG KONG

HAIG & HAIG LTD `HISA Offs: 37, SovrŃwiće Sterit. Lorvor, S.E.I, EROLAND.

NOTICE TO CONSİGNERSİ

OCEAN STEAMSHIP COMPANY, LTD

AND

CHINA MUTUAL STEAM NAVIGATION COMPANY, LED.

ONSIGNEES per Company's Biomar

**KEEMUN *-

are hereby notified that the Cargo will be dia. sharged into Holt's Wharf, Kowloon, where it

will be at Consignes's risk and subject to termas and conditions of storage at Holt's wharf. The Cargo will be ready for delivery from Godown

and after 10th January,

Optional carge will be landed, unless notice has been given prior to steamer's arrival.

All brokan, chafed, and damaged goods-are- to be left in the Godowns, where they will be sxamined on any Tuesdays and Fridays between the hours of

of 10.45 m. and Noom within the free storage period.

No Claims will be admitted after the Goods have left the steamer's Godown and all Goods remaining undelivered after the 16th Jan, will be subject to

to rent. All Claims against the Steamer must be presented to the undersigned on or before the 30th Jan, or they will not be recognised. ・・

No Fire Insurance will be effected.

BUTTERFIELD & SWIRE, "Agents. *Hongkong, January 10th, 1929 .. [185

THE EAST ASIATIC COMPANY, LTD.,

COPENHAGEN.

THE Bleamship

T

"ARABINE”

having arrived, Consignees of Cargo Are baby informed that all Goods are being landed, and stored at their risk into the hazardous and/or aches hazardous: Godowns of Holf's

whenco delivery may be obtained,

Whar

No Claims will be såmitted after the Goods have

left the Godowns, and all Goode remain- ing undelivered I after the 17th Jan, 1823 will bo mabject to

to reatu

All braken, chafed and damaged Goods are to be left in the Godowns, where they will be

examined on the 17th Jan., at 10 JK T

All

| Claims must reach us before tas gan Jan.

er they will not be recognized.

No Fire Insursade will be effected.

Bill of Lading will be countersigned by

KANNERS & BACKHOUSE, LTD. Aguats. Hongkong, 3rd January 1922,

ON BALE

(194

DOUND VOLUMES of the HONGKONG B WEEKLY PERSS, January 10 June

-1931

With Index, Price $7.50.

On sale at the Hongkong Daily Press Oño

DH

IVETARZO

Eital beztle aktier zasady la. Sending Weteran Romputing Co. Cionnel Oak,

HALF A GENTURY REPUTATION.

FILLS FOR THE

DR. LE CLERC'S VERA KIDNEY

WORLD TU

THEATRE

PHONE:1337

"Hongkong's Most Modern Picture Palace. Entirely Under British Management,

THURSDAY, 10th to THURSDAY, 12th

I

WITH

AT

5.15 & 9.15 p.m.

Afran Film Production Ltd.

present

EDGED TOOLS

Featuring

MABEL MAY

A POWERFUL MËLODRAMA in 6 parts.

Booking at the Theatre. Phone 1337.

RIGAUL'S

TRADE MARK

REMSTERSO

KANANGA

OF JAPAN

TOILET WATER

Beware

of imitations.

RIGAUD & C

PERFUMERI

FOUCAULD

BRANDY RUM

GOLD MED

PARIS 1900

- [UCILENTOUKÁBLE LO TEST: 1847 AT |SO@NAS-FRANGE

BOLD

MEDAL

LIQUORS

""

SCOTTISH SPORT, GLASGOW ACADEMICALS STILL LEAD.

[TROM OUR OWN CORRESPONDENT.]

ORIGIN OF LLOYD'S.

THE MAGIC OF A NAME

At the Insurance Institute of London on November 21st, Mr. Sidney Boulton, the chairman of Lloyd's, delivered su address on the part that Lloyd's had

played in the history of insurance.

Out of the 400 years that insurance had

RETURNING PROSPERITY. CAPITAL-THE MAGIO WAND. LORD LEVERHULME'S OPTIMISM. Speaking at the anniversary dinner of the London Commercial Travellers' Bena-

volene Society, hold at the Trocadero

EDINBURGH, November Mrd.` Last week's Rugby engagements passed off with comparative sedateness; there

Bestaurant ob were some good struggles, but no sur

November 18th, Lord prisss. Glasgow Academicals are still at existed in Great Britain the first 100 old, but cheerful commercial traveller.

Leverbalmedescribed himself as the top of the table, although Hawick years, Mr. Boulton sudd, knew nothing Discussing the trade outlook, he said: gave them their hardest gamo this season.

12

Until wo

The

There was nothing much either way in of Lloyd's or of insurance companies. "You know, we shall never get good the Arst half, at the end of which the Policies were taken round the City by the trade by talking bad trade,” sides stood equal. But with change of merchants' or the shipowners',alerka, or ends the Academicals were the better lot. by brokers appointed for the purpose, to could have restoration of the exchango It was only the tenacity of Hawick that the offices of the bankers, merchants, and of commodities across the seas we could beld, the Glasgow men in check. The moneylenders scattered over the different serummage work was desperate, one set parts of the City, who carried on this not have successful commerce. of forwards being as sound as the other. insurance business in addition to their mooner we realized this the better it would And the Border backs had to content ordinary avocations. This tedious method be. themselves with playing "safety "first" of effecting insurance lasted for a hun

Reference had been made by Sin against their better trained opponenta dred years, but during the latter part of

Charles Wakefield to the reduction "of Glasgow High School showed unexpected the century the necessity for speeding up national expenditure. Mr. Gladstone good form against Edinburgh University, the process became pressing, and, very once said that money fructified in: the who, however, were rather a weak lot opportunely, coffee houses Watsonians gave a good display againat gue about that time. They were used pockets of the people and not in the West of Scotland, their three-quarters as meeting places for different classes of coffers of the State.

That was never playing better together than in any other soma were the chosen resort of engagement this season.

poots; politicians and actors, while others The annual match between Edinburgh those latter gradually came to be sub were frequented by commercial mcn, and University and Queen's University, Bel divided, certain of them being identified fast was a remarkably good one, both with special classes of business. Among sides being at full strength. The Edin- these was Lloyd's Coffee House. Internationaliste-Carmichael,_Selby, and This was first heard of in 1688. It was Buchanan; while the Irish Internation alists on the Beld were Stephenson and

burgh students included three "Boottish

MeLelland,

Edinburgh University took this strong side to London, and had an unexpectedly easy victory over United Hospitals. In fact the Hospitals were never really in Edinburgh Univ., 14; United Hospitals,

it

0.

. ליי

Edinburgh University, 17; Queen's Uni!

varsity, Balinst, 6. Glasgow Acads., 6; Hawick, 3. Glasgow E.S., 18; Edinburgh Univar

sity, 0.

сде

into

then in Tower-street, and four years afterwards moved to Lombard-street. It was specially patronized by shipping

man,

News, Arst published in 1696, which only

and a little sheet called Lloyd ran for six months, showed that it was for shipping men that this coffee house specially catered. Here it was that in separate by itself bad its cradle and business distinct and

surance "as B

nursery.

more true than at the present time..

In addition to these true essentials

done.

capital was wanted-capital, the magio and which would bring our trade and commerce back to us. Our country had capital, but too ofter every limited liability company and tax and so forth that there was left only had to make such allowances for income. every individual enough to secure the bare necessities of lite, and there was nothing for the re first be left with that margin in our nowal of plant or premises. We must pockets to provide the wealth to develop our resources now lying fallow and un- productive, all waiting for the magic touch of capital to set the machinery of industry going again. (Cheers.) We had in the great country of the United TEUTH ABOUT XDWARD LLOYD...

States an example of what could be Very little was known of the first pro- motor cars were in evidence. They were All over the world American prietor of Lloyd's Coffee House. But it ubiquitous. Yet they were produced by, was certain that he died in 1712, eight men paid 50 per cent. to 100 per cent. years before the birth of the first insur-higher wages than British engineers and Once company This tact was only ascer-fitters.

tained a few weeks ago owing to the re- United States

The reason was that in the searches of Colonel St. Quintin, the secre-

no trade union presumed tary of Lloyd's Patriotic Fund, who un

to dictate to a free-bora American citizen Wind it from the registers of St. Mary: the fallow hit his natural abilities Woolnoth Church.

importance of

They would not stand it. Why the discovery was, Mr. Boulton

then, did the British people? We remarked, that all the flattering things that had been said as to the literacy ability of Hangers are still going strong in the Edward Lloyd, as the founder of Lloyd's League, they gave Greenock Morton & Lat, and so on, were discounted by his beating which restore the confidence of having died 14 years before that paper those who thought that their lapse attrat appeared. But if they were indebt. Dumbarton would be followed by others. ed. to him for nothing but his name, that Queen's Park soom to have wholly lost was priceless gift. It was no exaggera their winning ways: but they did notion to say that the name of this humble seem the least downhearted after their of men than any other name in the com: "coffee man was more often on the lips drubbing by Celtic. At Falkirk Aberdeen mercial world. And what a wonderful lost their frt goal in a month,

AST United are children of misfortune; their fascination about it. It has been appro- name it was i It must have some strange casualty list is growing wock by wook priated by shipping and insurance com with an effect, of course, on their scoring panies all over the world without any other, ostensible reason than that of its gotural charm.

Gala, 6; Hillhead, 0. Institution, 19 Glasgow University, Kelvinside, 9; B.H.S† 0. Watsonians, 22; West, 0. Stewartonians, 17; Edinburgh Acade.

micals, 3...

Fettes 8; Edimburgh Academy, 0. Loretto, 16; Morchiston, O.

SCOTTISH LEAGUE.

power.

Airdrie, Clydebank, 3. Celtic, 3; Queen's Park, 1. Dumbarton, 4; Clyde, i Dundee, 2; Albion Rovers, 0. Falkirk, Aberdeen, 1. Hamilton; 1; Hibs, 2. Hearts, 1; Raith Rovers, 1. Kilmarnock, 4; Mosherwell, σ Morton, 1; Rangers, .. Thistle, 3; St Mirren, 1. Third Lanark, 3;*Ayr, 0.

A VETERAN SQOTA· GÖLFER.

To speak of Mr. John "Ball's first Championship is to retrace E long stretch of the game's history. Yot with the magic carpet of Mr. J. T. Laidlay's recent SUCCESSCA, the mind readily jumps the 30 odd years back to an event that concerned both these great players The Amateur Championship was just two years old, and the English Johnny beat the Scots Johnny, and set in train such a record as is never likely to be besten. That was a really fino årst success, for Mr. Laidiny was then a first-class golfer and, moreover, had been in very good form. He had won a representative tournament at Carnoustie, and had pick

*

No one probably would be more setonished than Edward Lloyd himself to find that it had been claimed for him that he was the founder of the great in- atitation that now bore his name, but his successors carefully tended the little seed- ling that he had sown; they made a great feature of shipping intelligence. This altimately developed into the founding of Lloyd's List in 1726. It was the oldest existing newspaper in the world,"except- only, the London Gazette, and had continued without a break down to the

present time.

THE GOIDEN AGE.”* ·

The year 1872 was a terrible year for insurance, when a dull and weary period of 50 years, which Mr. Boulton called the age of temporary decline, reached its lowest point.

saved the Union Jack and said Britons in our midst the tyranny of the mis never should be slaves, but we permitted guided Labour leaders. He was certain that right feeling, existed in the rank and file and in their best advised leaders. The secret of the success of the American car-just the same as it was with the cheap watch was output, and if wo wanted a return of prosperity to this The brightest sign to-day was the resent country we must have increased output. ment the rank and file of labour showed greatest injury to their fellow-men that to the extremists, who would do

and commerce of this country. We were was conceivable by injuring the trade on the eve of a great revival of pros- perity, and it only wanted us to remem ber that it was on ourselves that our future progres rested for us to come out triumphant, (Cheers.)

the

COMMERCIAL FELLOWSHIPS: OFFER BY COUNCIL OF BRITISH EMPIRE EXHIBITION.

Empire Exhibition announce that they

The Executive. Council of the British. will offer five or more Commercial-Re search Fellowships for competition among Chambers of Commerce in the United Kingdom. The value of each Fellowshig will be not less than £600, and will in cludo a first-class return ticket to the Dominion, Crown Colony, etc., to which the Fellow will proceed. The subjects of research will be:

The 50 years from 1774 to 1824 might be described as the golden age of marine enormous profits that were made during dustry; the methods whereby the British insurance. Lloyd's reaped most of the imperial trade in a selected staple in The best means of promoting inter- that period. The reasons for this pros Empiro Exhibition can further the in- perity were twofold, first, a monopoly; secondly, the impetus given to insurance terests of this trade; the potential re ed up many medals in the Lothians. This by the wara It was a fact in insurance sources in raw materials, etc, in the habit of his persisted long afterwards, history that war and prosperity had often Dominion or Crown Colony visited; the but in more recent times the haunte in synchronized, and that peace had been best means, for exploiting these in the East Lothian that knew him so well followed by bad times for underwriters. mutual interest of the Dominion and this have not seen him, as a competitor,-at

Lloyd's to-day consisted of 1,006 under country; and the mean whereby these least.

But Mr. Laidley has not gone writing members, 34 non-underwriting undeveloped resources may be adequatly altogether into retirement. For all his members, 393 subscribers, 82 associates represented at the British Empire Ex 82 years he is up and out, as keen, and 1,800 substitutes. There were 1,400 hibition and brought to the attention of ever, and declares, so says report, that agents and sub-agents all over the world, interested financial or industrial groups, he will again take up the garge in carn those at the most important est. Too old at 40 can never apply to empowered to settle and pay claims. The ship will be placed in the hands of the places being The right of nomination for the Fellow- goli.

premium income for last year was up Committee of the Chamber of Commerc ward of £30,000,000 sterling, of which whose members have collectively provid £16,000,000 was for marine and £12,000,000 d the highest per capita aggregate in for non-marine. Lloyd's was the largest guarantees for the British Empire Ex insurance institution in the world.

hibition, subject to the prov.so that in any city, where, the aggregate of guaran tecs bae already exceeded £50,000, one Buch Fellowship shall be assigned to the te Committee of the Chamber of Commerce,

The selected candidate should be pre- ferably either himself a member of the Chamber of Commerce or should be in the employ of a firm who are members of Commerce concerned,

MR. LAIDLAY AND OVERLAPPING,

"THE NEXT WAR."

It was one of Mr. Laidley's contem- poraries, who said of him that within iron reach of the green he had no equal till Taylor came upon the scene. Then there is belief widely held that the overlapping fashion of holding the club was given to the golfing world by one or | HIGH TAXATION NECESSARY, other of the loading professionals. It is true that Vardon and Taylor both em- Speaking on trade and Parliament "to ployed it independently, but it has been Birmingham business men, on November ostablished that the origin of the grip 21st Mr. Neville Chamberlain, M.F., now used by the majority of the best said that business men were crying out golfers lies with Mr. Laidlay, for he for reduced taxation, but those who first overlapped in his teens when be light heartedly urged this cou

course should won his earliest scratch medal in East face the position. Some £450,000,000 a Lothian, and at that time Varden and year hung round their necks, representing interest on the National Debt and pen- Taylor were very small boys,

sions. Moreover, the excess profite duty, estimated at £120,000,000, would not reach No attention, saya a cable to Indian that figure, and next year would prob papers, has been paid to Dr. Lyttleton, NEW MASONIC ASSOCIATION.

ably vantal practically to nothing, while formerly headmaster of Eton, who in a. revendo from sarpius Government storee speech at Chatham is reported to have Arising out of the recent International would fargely diminish. Next year, too, declared that he knew, from an absolutely Masonic Congress at Genova an Inter they began paying interest on the Ameri- trustworthy souton that twelve months. national Masonic Association has been can debt amounting to something like ago atters were sent from the War Office formed. The association is composed of 250,000,000 yourály. Therefoto, so far to the leading, scientific exports at two the Grand Lodges of New York, from offering any hops of reduced taza Universition asking them to proceed ut Alpina (Bwitzerland), France, Laxemtion, it would be necessary to make great once with the invention of a gas that burg, Vienna, and Bulgaria and the cuts in present normal expenditure, cuts was calculated to annihilato a whole- Grand Orients of France, Netherlands, which would mean severe hardship in town in half a minute. The request was Belgium, Italy, Lusitania (Portugal), many cases, and would be botly criticised not complied with for the scientists ro and Turkey. Only one English-speaking and probably denounced by those who fused to put science to such an ignobis Masonic jurisdiction is represented, had been calling moet loudly upon the use this was happening in this owing to the fact that a belief in a Government to practise economy. While country," naked Dr. Lyttleton what Supreme Being in not a tenet to which they would smile if he said trade had was being done in other countries --If all representatives on the association begun to revive, and that they had got we continued to let things slide" as "at must subsoriba With the exception of over their worst, troubles, he thought the present another war was an absoluto the Grand Lodge of New York the subsituation was not unjustly described by certainty. Unless everything went woll scribing bodies form part of Latin-Froothe phrase, We are now bumping along at the Washington Conference another mscenty,"

the bottom,"

war yag before us,”!