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THE HONGKONG DAILY PRESS. FRIDAY, FEBRUARY 10rz, 1999,
THORNYCROPT
JOHN L THORNICEOFT & CO., LIMITED,
· ÄRIPHUILDERS AND BrownES,
Lowpar, BostraMPION AND -Bantworto ex
Shanghai Office: 10, Kiukiang Road.
15B.H.P. 30 B.H.P.50 B.H.P.
in Stock
For quotation apply-
Summit
COLLAR
SHAPE
24
CO-OPERATIVE BANKS IN INDIA.
SYSTEM THAT BRINGS PEACE
AND PROSPERITY TO THE FARMER.
ANSWER TO „SEDITION.
{BY W. DOFIY. ||
SPORT.
FOOTBALL.
Wednesday's games resulted as under: HONGKONG Lkiaex.
H.M.S. Curieu HMS. Ambrose...
Division 11. Curlew Rosarved Punjabis
R.GAR
UNITED SERVUES LEAGUE.
INTIMATIONS
VIOCESAN. BOYS SCHOOL," HONGKONG::
TEXT TERM Engina on MONDAY,
NEXT 3, at 8.45 k
All New Boys Boarders and Day Boys, should attend School on SATURDAY, Feb g'i 11th, 1999, às 10 am.
W. T. FEATHERSTONE
Headmaster.
Amid the social unrest of recent times, and the crude and violent schemes, "of
8 H.M.S. Carlisle... '0 economic betterment that have been wit dessed, it is pleasing to know of a move
The following will represent Kowloon ment that meanwhile has quietly grown in the 1st Division match . South China
ነ.
[870
AUCTIONS
PUBLIC AUCTION.
PARTICULARS CONDITIONS OF
#10
the latting Pablo Atiotlän Sale, to be hold MONDAY, 13th day of February, 1023 pm, at the Ofios of the Public Wicks Department, by Order of H ELEAZ THE GOVERRO of one Los of CROWN LAND at Shamshnipo, in the Colony of Hongkong for a term of 76 year com measing from 1st July, 1598, with the option
of HI-MA1857-48R-KING, for one further term of 24 years, Jun 3 daya, a
PARTICULARS
LARS OF THE LOT.
From very small beginnings to great proAthletic on the South Ching-ground to BONGKONG BOXING ASSOCIATIONS at a Crown Rent to be fixed by the
"portions on sound lines and L on the
to bene toiling.mil
morrow at 4.15 pm-Woodman, Wood-
MTAway perinanenis development too, is/mah; Whebler; (capt.), Masda, Couplands
Engines.lous of Asia.
SHANGHAI OFFICE.
M
A skilfully cut droop to the square wings adds distinction to Summit shape 24.
collar for young men and men who stay Pre-eminently a young, it is correct for this season's dress wear, also for general wear.
0
Stocked in four depths, 14, 2, 27 and inches, also in Quarter sizes, ensuring a perfect fit.
MADE BY AUSTIN REED, LONDON, FOR
MACKINTOSH
& CO. LTD...
MEN'S WEAR SPECIALISTS
Alexandra Building
Des Vœux Road
Telephons 29
EXPANDED METAL
POY PLASTER WORK AED SC-INFORORS COMORETE CONSTRU:
AS
USED IN
NUMEROUS
IMPORTANT
WORKS
M
FOR
FLOOR,
ROOF,
FOUNDATION,
WALL
έτσι
GREAT BRITAIN -286-AMERICA.
PRICES ON. APPLICATION, STOCK LIST, PAMPHLETS, AND Ganimaliame der Bencziyadem ist Munktioty we
DODWELL & CO. LTD," "Machinery Dept.
SPECIAL BARGAIN WEEK
AT
WHITEAWAY'S SALE
Cone that may well-arrest the attention Murrison, A Duncan, Morley, Hair,
of those who are interested in China a Pasco, Thompson, Coombe Reserve conceivably this land might reap-untold Millard. advantages corresponding system.
beginning
In Latia may be dated from the passing of the "Co-operative Crodit. Societies Act în 1903, by means of which they int obtained a leniter. footing. Previous to this, however, there were pioneer think GES, who
by local inquiries studied the subject of establishin agricultural banks in selected localities, and a few societies were started. A for years eat lier, but still only years ago, such proposals as the Act embodied would have met with generos incredulity, even among the friends of India. Now, however, the babks are rooted by hundreds in every Province, and in the aggregato "exed 25,000 in number.
THE VILLAGE BANK AS UNIT,-
These are not numerops scattered units merely, but an ordered system, the village banks being grouped into Unions, and these latter all in touch with Central Bazka The Central Banks of each Pro- vince again are all linked up with vincial Bank, and these last are intended
Pro
CRICKET.
NEXT TOURNAMENT SATURDAY.-Fahruary 28th, at the
TUBATE BOTAL 9:35 KM NOVICES TOURNAMENT FRIDAY, March 31st, and SATURDAY,
April 1st, at the THEATRE ROTAL Further particulars will be published later. [368
FOTION
C.S.0.0. 187. TRIST P. R.G.A..
"The following will represent the Civil Service Club on 0.8.0.C ground at a p.m.," to-morrow:-G. R. Sarez (capt.) E. B. Reed, F. J. Ling. W E. W. Hamilton F. J. de Rome, R. OWEN BLACKMORE RG.
H. Edmonds, Witchell. E. C. Fincher. A. E. Wood, Civil Engineer, has taken over the manage H. Stringe and E. E. Dunkley."
ment of the Hongkong branch of our firm, will Sign per pro. from date, and will be seconded by Loo GoNELLA.
ETABLISSEMENTS BROSSARD
1. 1st XI. v. C,H,C, 1st XI.
The following will represent the L.B.C. 1st XI. in their league match against the C.R.C. 1st XI. on the 1.R.Oground on Saturday at 2.15 p.m.-A. el Arculli (capt.). H. H. Abbas, A. H. Rumjaha, SH. Ismail, 8. D. Ismail, S. A. Ismail, D. Bumibn. J. S. Curreem. S. A. R Ismail, D. Ismail and F. M. Arculli.
1.RC 2ND XL. v. C.R.C. No II.
BELLAGENOMFY that M
MOPIN,
Los No, S
Eighty No
S.ceality.
Body
".
-
about
kth
2001. } [zeln | Cock
paxi plar,
4,30:06,43
PUBLIC AUCTION.
Architect and Civil Engineers, PARTICULARS AND CONDITIONS. D
Hongkong. (378
CREDIT NATIONAL 1920
ISSUE OF NEW BEARER BONDS REDEEMABLE IN 10 YEARS
BS 500.00 each bearing interest at the rate of 6% per annÉM free of tax.
Reimbursable at holder's option as follows: On-1st. February 1994 for Fra. 5000- On lat.
1977 for Fr. 507,50 1. On.Ist
1992 for Fri 623- No prizes
to be associated with an Imperial Indian The following will represent the I.P.C. Bank, which will be the consummation and XI. in their league match against of the great scheme, and complete the the C.R.C. 2nd XI on the "lattter's imposing structure of the greatest bankground on Saturday at 9.15 p.m.:—E | |/ ing organization in the world.
Ali Poosdeen (capt.), E. Moosdeco, O. A. Rumjaho, S. A. Runjahn, H. D. Bu jahn, A. H. Madar, N. B. Kitchell, Y.
CRICKET LEAGUE TABLE TO DATE:***
The trit of the plan is the village bank. How, it may be asked, can these be safely worked when composed of in Wahab, A. K. Minnu, R. Nazarin, dividuals, who as a rule are not reliable? and S. Abbas. Reserves: M. Sadick and It would be too much to say that all A. Kitchell. are Juccessful, or that errors and faults" Gro not common; bank failures are known, and will be known here and there. The great fact is that broadly speaking the scheme has been found workable. It has received the support of the highest official class in India, and the benediction of the King Emperor. More than this, while it is recognized that there must be incessant supervision of the whole system from the bottom to the top, and great care to make the principles, which it is based, understood by all responsible parties, the moveramat is seen to hold within itself the promise of on
on economic advance which to millions of Indian agriculturists will make all the difference between despairing toil and hopeful effort.
K.C.C.
C.B.C.C. R.G.A.
I.R.C. University C.R.C. C.C.C.
dua on
Pros of Tasma including 1st сопрод 5th, February 192 payable cash on application
Era 482-
Subscriptions received at✨ BANQUE DE L'INDO CHINE, HONGKONG,
on or before February, 18th, 1922
PREPAID
*9341
FIRST. DIVISION.
Matches
played. Pointe.
14
10
10
D
SECOND DIV
KC.C LR.C.
The village bank is quite small in the AMC
number of its members, as well as in the scale of its finance. Indeed in the higher, ciroles it is recognized that 50 is about as many members as is desirable. It is of very great importance that the men- bors should know each other, and as for as possible the affairs of each other. There is no objection to another bank being formed if there is scope for it.
A cardinal principle is that the liabil ity of the members is unlimited, and everyone has therefore a strong interest In admitting only industrious men, and
Police 0.0. C.R.C. Cis.0.0.
THE
17 14
CHINESE CONSORTIUM AND WU PEI-FU.
در جمعت
THE SEIZURE OF RAILWAY
FUNDS..
WANTED"
ADVERTISEMENTS
Letters are lying at this Olos for Boris CE GS, EI, LIL, IN, LA IT LW, MA, MK, MZ, NB, NP, OG, "PD,
́ ́PB; PG, PO, PS, PT. A.
"ANTED""A" W
competent Portugnase BOOKKEEPER for Canton. Apply stating she and salary expected to Canton c/o Daily Press Offee.
93
10 LET-BUNGALOW on Mount Kellett
TEL-BUNGALOW Messer Bert
Central May, H. Pazor Bark," 5 Queen's Rosa
(91
ON SALE
Hote
ÖNGKONG HANSARD,” KIPORIS
MEETING COUNCILS
The Chinese Consortium at Shanghai | LEGISLATIVE in judging, whether any loans will inhae addressed a telegram, to General Wu Session 1919 crease the productive power of the ber While there is committee in
rower.
Pei-fu protesting against his commandeer each bank, everything is referable to the Hallway. The telegram moting indus- ing of the receipt of the Peking Hankow general-feeling of members. Advances With the object of promoting are made both on real property and entry and commerce the Chinese Consor personal security with several sureties. and repayments must be regular and punctual.
-------- UNDERCUTTING THE MONEYLENDER.
tium some time ago advanced a sum of 38,000,000 to the Government for the purchase of cars and locomotives, to meet the urgent requirements of the Tientain-
profits
PRICE
Revised by the Members:
Date Park Ozażdym
UNCLAIMED TELEGRAMS.
MONDAAY Feb., 6th to SATURDY Feb., 11th; expected demands for deposits. The in- Ministry of Finnnes in meeting the need fo
SPECIAL BARGAINS IN OUR LADIES
LOT
LOT
LOT
LOT
DEPARTMENT.-
--LADIES WARM SKIRTS. READY-TO-WEAR DRESES. WOOLLEN JUMPERS, READY-TO- WEAR HATS
ALL AT
$5.00
EACH
LADIES READY-TO-WEAR DRESSES, BLOUSES.
READY-TO-WEAR HATS ETC ETÜ
ALL AT $2.50 EACH
—LADIFS BLOUSES, HATS, HOSIERY,
SCALFE, ETC, ETC.
ALL AT
$1.00
FACE
LOT OF LADIES WARN OVERCOATS.. TO BE CLEARED,
AT $20.00
EACH
LOT, 5-A LOT OF WHITELONGCLOTH AND NAINSOOK UNDERWEAR, WELL MADE, EMBROIDERED AND TRIMMED TO BE CLEARED
At HALF PRICE
DO NOT MISS THIS GOLDEN OPPORTUNITY
WHITEAWAY, LAIDLAW & CO., LTD.
HONGKONG.
19
"
Yokohama
the
the
Each application is judged on its Pukow. Peking-Hankow, Peking-Snizuan The following unclaimed telegrams are merits, and the terms are axed according and Shanghai Hanghow Ningpo Raib ring in the Great Northern Telegraph to circumstances Money to lend is thways. It is stipulated in the Agreement Company's office at Hongkong : tained by the sale of shares bearing, a that should these four railways fail to Walanbe c/o Nipponkan Hotel Osake
ALTRESSEY
FROM fixed rate of intercat, and deposits. pay money in time, the Consortion may Thurkawamura e/o Okanokika... - Owing to the principle of unlimited send representatives to collect the liability the security is the entire assets of the Peking Hanko Railway. It was L. Wabrik Wayip
No. 18 Kaibogai.. of all the members. A certain amount of expected that with the increase of idle money in the neighbourhood is at and ecomotives, the profits of racious
Cheungkemwa c/o Manshunwoo tracted,
and some help out of good will Lines, would be greatly increased; there info West Yingpon. Tram
No. 19 Desvoeux Road... Tientsin The bank can lend all the money it fore within the space of a few
the Road gete, because it has the Central Bank to full amount of 86,000,000 was subscribed. Mascherchan 184 Queons Food Ampy
Shanghai fall back upon to help to meet say un
that awing.
of Bingkee
:: Shanghai terest paid by borrowers is at a rate not of your troops,
Ащот very low at firsti perhaps twice as much all the funds of the Feking-Hankow Hail Oraken
You have
commandeered
Leeyertong
...Shanghai -te is paid on the shares, say, from
to 18 per cent Such a
Foreigners have kept asking the Honchekan Kwonglookyeng.. Way
Y Tokohama however, Consortium to pay the price of the der The following is a list of unclaimed is low compared to that exacted by the and locomotives, while the boad-bolders village money-lender whose demands are ask for the interest and capital of their telegrams lying in the Eastern. Ritension, generally merciless. The difference beinvestiments. It is requested that the Australasia and China Telegraph Company's tween the rate of interest paid on ahares monthly sums stipulated in the Agree offices Bougkong: or deposits, and that received on loans, mout be paid to the Consortium for the enables a reserve fund to be accumulat payment of coupons of the above-men- ed, which protects the members from cals tioned beads, and you may keep the rest to meet losses, and so the principle of for your military expenses, as the sums unlimited liability is looked upon with needed as very insignifcant. The de complacency. It has not proved a bar fault of the payment of the compous will to the rapid growth of the movement. have a very serious effect upon the credit. Village banks are grouped into uniers, of the Government. The people of the covering an area within a radius of say whole country are very enthusiastic over eight to 10 miles. Each union is .com: the
of question posed of delegates from the village c the Kisshow- Tiny Kallo redeem
Railway... ganizations and they arrange for audits through the military interference the to be made periodically The Central Peking Hankow Railway should fail to Bank may and frequently does, audit meet its loan obligation, it will become local banks, and in addition a Govern impossible for the Consortium to zalso ment official will audit independently funds, because the people will have no every weary or thereabouts. Then confidence in the Government.”
are superintendents whose function it is not so much to
two
batk
NUMBER
ADDRES 3131/8th Allentown 20791201126 Cul Jervis
9241/4th Almalew 3280/8th Maximint
Gonsales Wadham
587 Bud - Micol 9 Wang
nelchong Road
3931/6th Houyarb
8322nd Bilva 2040/6th Ostrando
FHOM
Safrancisc.
Shanghai Devlall
Manila
Bombay San Francisco New York Kristiania
IF YOU WEAR GLASSES
there is almost as much comfort and plessure in wearing Pince-pes Eye
ارداد تو با
the letting by Public Auction Sale, to be beld
.01 MONDAY, the 18th day of February 1999, 3 pm, at the Ofoes of the Public Works Department, by Order" of His EXCELLENT TUS GOTRIXOS of One Lot of CROWN LAND at North Point in the Colony of Hongkong, for a term of 75 years,f with the option of renewal at a Oroya Hoát to be fixed by the Surveyor of His MAJKITI THE. Kuo, for one further term of 75 years.
PARTICULARS OF THE LOT.:
Island Lot Ho
of Sale
Begistry No.
Lomality-.
Boabdary Kunstrumanta
feat, feet fact. Foot
Au pār, male plats.
Совниц
About 43.2,000 4303
B
PUBLIC AUCTION,
[373
203,000
PARTICULARS AND CONDITIONS of the letting by Public Auction Sale, to be held on MONDAY, the 18th day of February 1933, at 3 pm, at the Offices of the Pabllo Works Department, by Order of His EXCELLE KUY THE Gorsaxon of tn Lots of OROWN GAND at. North Point in the Colony of Hongkong, for a term of 75 years with the option of renewal at, a CROWN RENT to ber and by the Surveyor of His MAJESTY 183. KING, for one further term of 75 years,
PARTICULARS OF THE LUT:
Registry No.
Locality.
Boundary Adarenienti
Contenta
01 fact text..
North
Pales
About
11.880 1
1,200
1,000
do
12,000) 130
130
[314
WAR DEPARTMENT CONTRACTS.
~EALED TENDERS will be received a
Barracks, Hongkong, until 12 o'clock soon, on
to see that the officers of a village understand what they are ot, ate as enterprise, but simply occupies & feld | Glastos, as there is in possessing 1Ɔ the Beadquarters Ofires, Victoria quainted with the conditions requisite which no ordinary type of business for for success, and evince a desire to adhere profit can ever use. Its effect will be to perfect pair of eyes for they it so com- to them. Otherwise the Central Bark increase trade generally by raising the fortable and secure that you forget you the dates stated for the andermentioned will have something to say, and the inci general snodard of living, and thus in have them on the most important services for a period of twelve months from 1st.
April 1929 that the local banks are dependent to timo improve the burines of ordinary
considerable extent on it, makes for banks As the conditions, howenprovement in eyeglasses in the past good management. A large amount of some important respects are very diflar twenty-five years, Pince-nez Eye Glassen propaganda on the subject of co-opersent, the question of ways and means is of any prescription in either regular or as difficult, no doubt, as it was in India, Torie form are manufactured by the tivo village banks has been disseminated. By these means the people are being 25 or 30 years ago. Here, however. 12 trained to help each other and then a field, for high services in the cause of Hongkong Optical Co., aučommes to selves, and improved conditions of living humanity, something which is well worth Clack & Co, Manufacturing sad Ee are resulting
for carries with own appeal. It may be that the real fracting Opticians the most competent Such in very brief outline is the Indian value of the possible bonelt to many, optical manufacturing establishment in system of Co-operative Banks. It in will lead some who have vision to attack South Ching located in 53, Queen's not opposed in any sense to capitalistic the problem and pres forward through
(Oontinued at foot of neat column.) all hindrances to ultimate success, Road Central—ADPI.
NEW FIELDS TO DEVELOP
1669
Forage & Indian Supplies...15th February &Hospital Sapplies..16th February. Meat & Supplies A...17th February .........£3rd February. General Supplies "B********** Barrack Services - 24th February.
7.98th February. Transport Services.ge Tender Forms and any necessary formation. may be obtained at the above office between the hours of 10.A.. and 1.x, daily,
Tenders will not be entertained unless. accompanied by deposit of $100 an guarantee of good faith.
The right to reject the lowest or any tender
No comments yet.
Private notes are available after approval.