1922-06-14 — Page 7

Page

THE HONGKONG DAILY PRESS,'

W.S. BAILEY & CO. LTD.,

ENGINEERS AND SHIPBUILDERS, KOWLOON."

Tug-boats, Barges. Fast Launches, Biver Steamers.

and Motor-vessels.

Constructional Work and Repairs of All kinds.

Cables SEYBOURNE,

Telephs:

Works (day) Manager (night) Secretary

E21. ....633. ...K.369.

Harbour Engineers...K.604, K.692.

HORLICK'S MALTED MILK

Delia' HORLICK'S MALTED MILK. Whetim a baby's "grow op 11 ska koalik-giving properties of HORLICK'S & FOOD-DRINK.

we put to apestos right swety,

"The Gland" boomen, yurified, and the best

and balz, xes starsbad „nen "tumatureg."

se Nature intendedir voru land”

Made in an intzat by tha ziếtím vě

elitzin water, kol se cold.

Of 'WI Chinata and Stuen

MORLICKS HALTED MILK CA

BLOUGH, BUCKS., ENG

HORLICKS

TEDMIK

JAPAN COAL

AND

GENERAL IMPORTS & EXPORTS

AGENTS FOR:-

THE MITSUBISHI MARINE & FIRE INSURANCE CO. THE OSAKA MARINE & FIRE INSURANCE CO.

MITSUBISHI SHOJI KAISHA

(MITSUBISHI TRADING CO. LTD.)

HEAD OFFICE-TOKİQ,

No. 14, PEDDER ST.; HONGKONG.

"PHILIPS"

APHILIPS LAMP

IS A PERMANENT

"ECONOMY

SOLE AGENTS

Holland China Trading Co

Hong Kong

CHAPOTE AUTIS

MORRHUSL

Superior to Emihions or God Liver oil.

Each tiny Morrhusl capsule re presents the medicial value of a teaspoonful of all.

Recommanded at the Paris Aca demy of Medicine, for loss of appetite and flesh, to patients with consumptive tendencies

-

Bald in bottles of 100 Capsules. Bolt by all diinista.

ON BALE

OUND VOLUMES of the HONGKONG

BLY FRESH, January to Jane,

1991.

With INDEX, Proe $7.50. Onibale at the Hongkong Daily Treas

INSURE WITH THE

OCEAN

ACCIDENT & GUARANTEE CORPORATION LIMITED INCO SAGRATES INGHITA ta

ACCIDENT & ILLNESS MOTOR CARS. MOTOR CYCLES FIDELITY GUARANTEES BAGGAGE. BURGLARY EMPLOYEES' INSURANCE

ETC.

SHANGHAI OFFICE-

BA, PEIING ROAD, AGENTS for Hongkong

and South China, DODWELL & CO., LTD. TELEPH. 1030 2, QUEEN'S Bldo. “

BUDGET DEBATE.

MR. BONAR LAW'S APPROVAL

MAIN DUTY-ECONOMY,

A short speech from Mr. Bonar Law was the principal feature on May 2nd of the ranmed debate on the Budget.

Mr. Bonar Law expressed his coariction that we are in for a bad time," though it may not come immediately. Rat revenue is borind to fall very seriously, and for that reason he holds that "the Government's main duty" is to keep expenditure low. The Future is not bright, and the difficulties of the moment, he thinks, are likely 40 incrase. though on the other band, we are getting to a permanent lower value of interest, and it will probably be found very advantageous to the State that power was taken to begla pari off the Fire per Cent. War Leau at 191," at so early a date as 1929. He urged the Government, therefore, to bend all their energies, towards building up a strong finaural position, which will be of greater value to us, if trouble again arises, than the expenditure of large sums, now on keeping up a strong Army and Navy. This doctrine found much favour on the Opposi tion side.

NO PEDANTIC VIRWA C

His opinion of the Budget was summed up in the phrase that it was just about as good as could be expected. He did not agree with Mr. Asquith's criticism of the day before, or with that of Sir Donald Marlen, who had just preceded him in debate. He thought they took a perlantic fine, an pushed their general principles, quite sound in themselves, much too far. For himself he was not disposed to pay too much heed to precedents in so grire and anomalous a situation. When trade was good, they ught to pay off debt to their fullest capa- eity, so long as they did not cripple, in- dustry. When trade was bad, they might well be content if they simply met their expenditure out of revenue. Mr. Boar Law considered that the country had made a prodigious effort from November, 1919, to Marth, 1921, during which time the deadweight. debt had been reduc. from

This £7,986,000,000 to £7,574,000,000.

had not been done without doing "immense barm to trade, which was at this time suffering greatly from the heavy arrears of excess proits duty, and though he personally did not think that they haul exacted the much from industry during the boom years. he quite understood the views of those who held that opinion.

WEDNESDAY, JUNE

14TH, 1989.

PEPS

Th

Catching a chill--it's easy but dangerous, for once inflammation starts in your throat or lungs there's no limiting it's deadly perils.

Take Peja in me. Exterminate the disease germs before they have · chance to multiply and set up pleurisy or pneumonia. Bathe the sore, inland birathing passages with the soothing germicidal fumes given off by d'eps tablets as, they dissolve in the, moutin.

Peps afe simply invaluable in our climate, for besides being the power- fel direct remedy and preventive of colds, chills and sore throat, they safeguard, the chest and lungs and

Ward Off

more serious disease,

In deep- rooted bronchitis, ruld en the chest or asthma, druggy mistures swal- lowed into the stomach, are prac rically useless. You need breathe- able Peps, the umque discovery which brings in handy form the concentrated fung-healing balsams. of the Swiss pine forests.

Peps also provide the powerful and natural remedy and preventive of threat troubles, sálarial colds, early inorn- ing coach, larvagtis, hoarwiness, bronchial cough. breathing difficulty, and all--

Dangerous

Colds & Chills

PEPS are obtainable of zit medicine vendors in Hongkong, Shanghai and the Far East, of The Peps Go. Ledn England, will gladly send a maple and Laddrem of necrest agent.

POWERS OF A SHIPS MASTER,

INDO-CHINA

STEAM NAVIGATION COMPANY, LIMITED.

SAILINGS, SUBJECT TO ALTERATION

BANGKOK via HOIROW TSINGTAU in SWATOW

SHANGHAI

HAIPHONG HUIHOW STRAITS & CALCUTTA... MANILA

SHANGHAI via NÌNG PO SANDAKAN SHANGHAI T SWATOW BANGKOK TIK SWATOW

"CHUNSANG"...Wednesday, 16th June 10 à...

**TINGSANG” .. Wednesday, 14th June, Nook. "LEESANG

Thunday, 15th June, 10.

... "NAMSANG"

...Fritsy, Iith June,

"LOONGSANG ".....Friday, "TAKSANO" ...Saturday,

**** MAUBANG “Tuesday, "CHOYSANG" ...Tuesday, ... "FOOSELNG" ...Tuesday,

with June,

9 pun

17th June,

3 Youth

20th June

With Jane,,

Noo

20th June

Nom

CALOUTTA LINE: Thin Line affords gular sailings te Calcutta, Penang and

MANILA

Singapore; returning from Calcuts steamers proveed via Burales and Hongkong to Japan, occasionally calling at Shanghai, u All stemmers have excellent pesonger accommodation, are Stted with Electric Light and Fent and carry a fully-qualled Barreon.

LINE:--A

ર

SHANGHAI LINE-Balling approximately every three days howween Canton and Shanghai, sometimes calling at Swato. Through tickets cal

Larved to be abtained and through Bill of Lading are and YangusTM Forta-vis Shanghal vice is maintained with Frmís by vessels with good passenger accommodation, sailings from both ports every Friday HAIPHONG LINK ---Sallings approximately weekly for passengers and cargo

at Haihaw when indaberent offers calliar BURNED LINE:—Fortnightly callings to and from Sandaken by two 3,000 106 Steamers 2.6. HINSANG” and L*. * MAUNANG" both FOKIMARE

excellent passenger accommodation. “Usigo, mkao w

Bill of Lading for Kudat Jezialton. Inosan Tawas nd Date

FBB rom March to November betwee LINE-A regular service in

Hongkong and Tientsin. calling at Weibalwel and Cheloo BANGKOK LINE-A weekly service is provided between-Hongkong and Bangsak, steamers Stted with up-30-dało pszvesgES vis Swasow, by re soserimodatier,

TIENTSIN

CALCUTTA

9.5.

LINE

NAMSANG" will be despatched on

or about

Friday, 16th June, at 3 pm., ler SINGAPORE, PENANG

& CALCUTTA,

Through Bills of Lading issued to RANGOON, MADRAS, PORT

SWETTENHAM and DUTCH EAST INDIES.

For Freight or Pinage` apply to-

11

TYLIFUOSE No.115.

OBEYED WITHOUT QUESTION, Passengers in ships belonging to one!

Jardine, Matheson & Co., Ltd,

GLEN

GENERAL MANAGERS.

AND

SHIRE

Joint Service of Steamers,

of the principal Transatlantic companies.K.-STRAITS, CHINA & JAPAN SERVICE.

However, the great point now was, in his opinion, that it was foolish to lay down the law in a dognatio, pedantic way that debt must be reduced, when it was possible to give a lip to trade by reducing the burden of the income-tax, and therefore he quite agreed with the step taken by the Govern ment in suspending the Sinking Funds. Moreover, he denied that this was borrowi ing; for it left the total of the debt just as it was Mr. Low also alluded to the suggestions which had been made about capitalising part of the War pensions expenditure, and he made the shrewd observation that War Pensions were just have recently been informed that the bars. as much part of the National War Debt as in the first class will be closed at 11.30 any of the War Loans. He was glad that pan and in the second-glass at 11 pr. they bad not been capitalised, but he took The new rule adds; But it is within the view that if we pay ninety millions in the divertion of the commander to clos

the

at any time the present year for these perisions we shall them during

desirable really be paying off fully forty millions of should be consider this

There is no other civilian-indeed, there our dead weight debt, seeing that pensions is no other man, except perhaps the chief would not cost more that forty millions a

of the savage tribe-whose powers are year if the payments were spread equally

Those over forty years..That," be said, answering greet as there of a sea captain.

by the colonel of a regimas or Sir Donald's unqualified assertion, that the governor of a gani are small by com- it is disastrous not to reduce debt, "isparison, declares a writer in a London meeting our obligations." While agreeing with the reduction of the tea duty, Mr.

captain, known always to his crew Bonar Law regretted that it had not been the old man is Lord Parumeout. found possible to take something off sugar, His word in law all through the ship; he though with the sugar market in its presentable only to his owners.

isobeyed without question: he is account- jumpy state he doubted if the consumer would have got any benefit at all from a small reduction. He also added that he would have gladly seen a reduction of the beer duty. "If it could be reduced," he said, with any hope of getting an increase of revenue from the larger consumption, would do it."

on

LABOUR AND THE WAR DIET.

contemporary.

The

but no

As Dan saya in his Seaman's Manual: The entire control of the navigation and, working of the ship lies with the master. The officer of the watch is at liberty trim the yards, to make altera, tions in the upper sails important alteration can be made such, for

staaen, as reching the topsail with- out the special order of the master.""

The

In a warship he lives entirely Such were Mr. Law's general comments cabin captain has rotire control of the the Budget friendly rather than algne, with his own special cook and critical, and his last words were devoted to attendante, and is the loneliest man in the ship. In a passenger ship he is not urging the need of reduced expenditure as quite so isolated, for he usually dines with the one and only hope of financial security THIRNengers. und lessened financial burdens. That was the He stands no watch." but domes and moral of several who took part in the disgoes as he please. He gives his ordera cussion, and perhaps the best point in only to his officers, whose duty it in to the speech of Sir Donald Maclean, with pass them on to the men. No punishment which the debate opened, was that the of offences hy is both judge and jury, he inflicted except by him. In the of Government had neglected economy when

but he must al onem they were in the heyday of their prosperity.ment he inflicts and read over the entry

By punish A sound general observation teus lot fall by to the offender. By common law of Eng

"the master has authority over all

Major O'Neill, when, replying to the Labourers in the ship." and he can ch

Jemand for a capital lesy, Ec observed that

the death duties, which now brought in remove his officers from duty and degrade fifty millions a year, were a real capital them."

levy in themselves, and would produce He is even able, in certain casCI, Lo £1,500,000,000 in thirty years, or far more pledge the ship herself, or sell part of the than say single capital levy could hope to cargo. In a small sailing ship he is often produce.

doctor, and not only dispenses medicines, broken Mr. J. H. Thomas defined the attitude of but has also been known to save o the Labour party towards the war debt by man's life by performing an operation.

I saying that it had never been its policy tudaties of a clerky who reads the Burial there be no chaplain aboard, the at times devolve repudiate the national obligations." But opon him. It is he

be objected, apparently, to redeeming at a Service Hovereign a pound invested in War Loan takes her one who dies at sea, and who

in worship

a passenger ship when the pound was only worth eight on a Sunday morning. At a pinch be shillings, and be called for a voluntary may even perform the marriage ceremony. Withal. the old man" good be no conversion loan of 3 per cent, stock into 3 or 4 per cents., which he promore than twenty-one years of age, pro phesied would be a big success. He called vided that he has not been less than six on the Chancellor either to abolish the years at sea and has passed the mcmary

examination. entertainments tax or make it DOTG equitable Mr. Macquisten spoke a word of sympathy for the consumer of spirits, and Colonel Gretton advocated a reduction of agreed, and attributed much of the indus the beer duty, which had been increased trial unrest to the high price of beer. Mr. thirteenfold since 1914 He believed that Graham pressed for larger reductious in the duty might be reduced 80s. per standard the indirect taxes; Mr. Locker-Lampasą barrel, thus enabling the price of beer to said that the income-tax might have been be reduced by a pay a pint, at a cost reduce by eighteenpence, instead of a of £30,000,000 and not £16,000,000, as thilling, if there had been greater economy generally estimated. Sir George Renwick in Gernment Departments Daily

(Continued as foot of mest estuan.)

Telegraph.

Vestes.

MV. “GLENBEG” M.V."GLFWLUGE ? 88. "GLENBELANE”

Verses

SS. GLENIFFER

OUTWARDS.

HOMEWARDS,

Leaves Hongkong"

S

Das Hongkong

--

19th Jung. 10th July. 20th July.

Discharges

*** shh July, Gasol, London, HuLLANTWIRY& Hamarin.

Movements are subject to change without notics. For freight of færther particulart please apply to 1-

Jardine, Matheson & Co., Ltd. The Glen Line, Ltd., aura.

Telephone No. S15 rüb-es, 22 and. 3694

ind· Hosta's Codan,

KAWASAKI

KISEN

10

Tsiphons Chanamİy

KAISHA

VOJ

*

(KAWASAKI - VITAMIEN

SARITALUP AID-UT

Prackdex Mr. Y. Kavaları

Y20.000.0

Vino-Frezidenti MI. K. MASOLATA. Managing Director: Mr. Maura Az

ine Coonway hm on hand allázés, Number of

NEW CARGO STEAMEES

ALWAYƐ REALT FOR

CHARTERS of w; 'descriptions.

The talæring are semprised in the Geompany's Glock 2000 "

Kleven steamers of 9.100 tons each deadweight, And moder the Company's Mangeminima

iwenty steamers of about 9,109 tons deadweight esen: Two steamers of about 6,400 tons deadweight ouch; Celonging to the Kawasaki Dockyari. Ch. IAL)

Vor Cartás. Rated Costher triscilors apply to the

اره من

KAWASAKI KISEN, RAISHA.

Na S, Bek Kons