1922-07-12 — Page 5

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CABLES.

LATEST CABLES,

(THROUGH REUTER'S AGENCY.]

THE DECLINE OF THE MARK. A WARNING BY THE · TIMES”

带子

LONDON, July 10th

THE HONGKONG DAILY PRESS, WEDNESDAY, JULY 12ru, 1923

KALLINE CABLE

FAR EASTERN CABLE

NEWS.

(TARQUAR "RAUTRE'S AGENCY.}

DISCUSSING CHINESE RIGHTS IN SIKO-JAPANESE COMMISSION.

SHANTUNG.

EL TOBACCO

RENTS ORDINANDE LITIGATION. FRENCH MISSION

continued, yesterday, in which the Mis FACTORY. The Rents Ordinance notica

was sion Etrangeres seeks to recover posses. sion of buildings in Caroline Road, now occupied by the Nanyang Brothes,

SHANGHAI : TELEPHONE CO. DII ECTOR'S REPLY TO CRITICISMS. In consequence of criticisms passed by

has been issued over the signature of ar. shareholders at the last annual general meeting of the Shanghai Hatual Tele- phoan Co., Ltd., the following statement Cecil Holliday, chairman of the board of

directora --

GERARD BEVAN EXPLAINS,

BLAMES WIFE FOR HIS FLIGHT. THE HAGUE CONFERENCE.

VIENNA, July 1st TENDER MERCIES OF THE SOVIET Gerard Bevan (ex-Chairman of the City Equitable Fire Insurance Ca), interview look. The principal delegates spent the

Tux Hiaca, July 10th. The week has an unsatisfactory out- ed by Renter's Correspondent, stated that | week-end examining the list of properties he left England on February 8th, solely restore. The delegates agreed that the which the Bassians are prepared to at the request of his wife, who had in-list was unsatisfactory, including only 10

PIKING, July 11th. -formation that a warrant would be-jasuo per cent. of the total. It is now explain Japanese Commission was uninteresting. Tobacco Co.

Yesterday's meeting of the Sise Fed that 3 Krassin's statement that

Today's meeting discussed Japanese The Timer, commenting on the situa.plored him to spare her the disgrace. I tional upon the conclusion of an agree their duties, and also the rehabilitation a number of facts which would prove that feel it incumbent on them to give an would be eventually returned is condi- contracts and commitments, also tho Mr. Potter continuing his address for holders, the service was being starred to question of Chinese experts taking up the plaintiffs asked the Court to note the point of inefficiency. The Directors ment with the Soviet regarding credits and is dependent upon direct individual of Chinese right in Shantung. negotiations between the owners and the

The Japanese Commissioner tabled a

the building was not substantially used because it is the exact opposite of the absolute and categorical denial to this Soviet. the Powers as inacceptable, simply mean- WAY

This condition is regarded by pors of business conditions in the rail-* a domestic "conement. Firss of all, truth,

thero was the character of the buildings. The Capital outlay of the Company a They were formerly old cotton mills. at March 31st, 1921, was Tls. 2,478,100, 40

The German mark has slightly rallied, and closed at 9,995 to the £1 compared with 2,450 on Saturday.

tion, says the real forces of Germany are represented by an industrial group, which

for his arrest on the following day. She per cent. of the properties of foreigners

of an arrest.

It was against the principles and prae-

is concentrating in its hands the control tien of his whole life te run from trouble,

Company an allegation was made that in -At-the annual general meeting of the order to allow of big retaras to share

of German "wealth, and by investing, its fand he also knew that the flight would ing that the owners are left to the CHAO HUNG TI'S SUGGESTION, TU | Thero were the nine bed boards, whict and the return on that Capital computed

profits in fordiga acourttion is evading prejudice him in the eyes of the public,

J

allied control, using the threat of German bankruptcy and the sufferings of the mass of the German people as a meat's

and be therefore departed much against bis own judgment, with only £250 in his possession. He was anxious to come to

tender mercies of the Soviet..

SCRAPS" OF PAPER"

There was much plain speaking at the meeting of the Credits Sub-Commission to-day. The Russians finally, in reply to a direct question, "insisted that they wanted credits granted to the Russian

scribed ou the face of the bonds issued fused to recognise the guarantees in by the Russian Governmenta.

PARLIAMENT.

were used by the supervisors; these did is exactly the same way so the Electricity Kot pretend to a substitute for a home. Department of the S.M.C. computes its On the premises were

return, was "per cent, "against 10,3 an old Chinese be interesting to contrast the way in pary as at March 31st, 1999, was Tin. watchman, his wife and child. It would] Similarly the Capital outlay of the Com- per cent of the Electricity Department.

of escaping the demand for legitimate grips with the grave charges levelfed State, not to individuals, and they r Governor of Hunan) recently telegraphed which they were living with the war 3,296,110,02 and the return on it Ata per-

réparations •

THE SITUATION MUST BE INVESTIGATED.

The allies must investigate the situation with extreme care, without permittin

Against him and was convinced that nothing dishonourable could be prayed.

The alleged falsification of the balance sheete was an ordinary window dressing operation.

BRITISH REGISTERED

SHIPS.

SOVIET AGRICULTURAL

CONCESSIONS.

cent. against 10.50 per cent of the Eles- tricity Department.

AND A POLITE REJOINDER.

PEKING, July 11th. General Chao Eung: Ti (Military

vincial constitution should be embodied the supervisors were living. The watch Parliament urging that the Hunan pro- in the provincial system.

As a subsequent informal meeting of which was partitioned off from the rest undertaking run by the Community for man, his wife and child had a cubicle Parliament, it was resolved that the of the premises, the supervisors had only the Community and so if the return an The Electricity Department is an Chairntan would reply to Chao Hung Ti LATER.

ment was ready to derl with such a did not come within the meaning of the satisfactory position it is obvious that matter, it would be referred to the Ordinance, but he was the only personed by the Company cannot be by any privately, pointing out that when Parlia-bed boards. The watchmo, however, Capital it ears is required to keep it in Drafting Committee.

the much smaller return on Capital earn- who had anything in the nature of a stretch of imagination called excessive. domestic tenement.

In correspondence between the Hon. shareholders' money, represented by each To put it in another way, the amount of Mr. Chow Shou Son and Father Robert, at a time when the defendants were lease of the premises, the buildings were negotiating with the plaintiffs for

referred to as a godown and not as a domestic tenement. One letter from Mr. Chow expressed thanks on behalf of the Canton Nanyang Bros. Tobacco Co: for reduction of the rent from $50,000 to

The

M. Litrinoff further explained the transport programme, for which the Soviet is anxious to attract capital; in

luding 15,000 versts of new railways" WORLD'S TENNIS

Discussion by the Credits Sap-Commis sion in the nature of a general clearing themselves to yield do the instant, to aA cable message from Vienna, dated up clicited frour M. Litvinoff the state panic which recent events may largely be been arrested in Vienna.

June 17th, atated that Gerard Bevan had ment that several agreements had been

After a des practically concluded with foreign com designed to create. A subtle campaign, poison, but was promptly stomach-pump in our case for 100,000 hectares.

pérate struggle with the detectives he took panies for concessions of agrictural land, both in England and France, has recently ed. He was arrested on charge of Soviets intended to concede a total of been carried on with the object of absolv.dition, which has since been granted.

assaulting. the police, pending his extra-4,000,000 hectares. ing Germany from the guilt of the war, transferring it to the principal allies. Unless all such attempts to whitewash Clermany are emphatically repudiated. discussion of the reparations problem will only lead to fresh danger. Ger- annny's capacity to jaay must be thorough- 1′ and objectively estimated, and, the method of payment must be determined to the advantage of ulf

THE QUESTION OF MANNING.

LONDON, July 10tb.

In the House of Coramon, Sir J. Fortis. que Flanery (Associate of Lloyd's) asked the Government to introduce legislation to prevent ships sailing under the British flag unless afficered and manned by Bri- tish subjects, h view of the number of such vessels owned and minaned by for eigners, but insured by British under writers, which had recently been lost in

CHAMPIONSHIP. GENTS, SINGLES GO. TO AUSTRALIA.

#

THE IRREFUTABLE PRINCIPLES OF JUSTICE. Duce the sum and the methquis nire Boatly established, the strictest measures *supɛt də 'taken to compel those in control circumstances suggesting intentional acut with his usual power and using the chop:

of German wealth to pay reparation Tiabilities to the full. The problem must be solved by the unwearying chforcement of the irrefutable principles of justice. GERMAN POLITICAL PARTIES COALITION OPPOSED BY LEFT WING

BELIS, July 10th The Majority Socialists have passed a resolution supporting a thoroughly Re- publican Government and opposing the “inclusion of the German People's Party in the poalition, declaring that the Suci 1 Democratic Reichstag l'arty cannot co operate with a Government whose ranks are extended to the right wing.

tling or stranding.

Mr. Stanley Baldwin (President of the Board of Trade) said that he had read reports of such cases, but the insistence of complete British manning would drive vessels from the British register: this there would be no national advantage. LLOYD'S SHIPBUILDING

RETURNS.

BIG DECREASES SHOWN.

LONDON, July 10th. Lloyd's "shipbuilding returns for the quarter ended June th, show that 300,000 vessels with a gross tonnage of 1,010,000 tons are being constructed in the United Kingdom

This is a decrease

The total includes which work has been)

(A cable message from Berlin dated at 216.000 tons as compared with the July 5th, stated that the centre demo-previous quarter. cratic parties in the Reichstag had for-481,000 tons on warded a letter to the Germau People's suspende for some time. Party, enquiring whether they were, pre- pared to participate in the Government. 1,315,000, and includes 390,000 on which The tonnage building abroad is. The letter assumed that the restoration work has been suspended. The decrense of the State could only be carried out on

is most noticeable in France; Holland and

a constitutional basis. From the "nfor. Italy. It is estimated that the tonnage mation now to bond it would appear that under construction in Germany is 500,000 the Centre Party (moderates) were pre- tons. pared to coalesce with the Right wing (Conservative) but that the Left wing (extremists) have gotoed this proposi tion.).

EARLIER CABLES. FALL OF AUSTRIAN "CURRENCY.

THE CROWN. FOLLOWS THE

BOUBLE

VIESNA, July 10th.. Expretations of the establishment of a new note-issuing bank, a compulsory internal loan, and other projected' finan- cial' nieasures are not, preventing the "Brown's rouble-like descent. Sterling -to-day closed at 113,000 crowns and, the

lollar at 25,000.

LATEST CABLES, AMERICAN COAL STRIKE, PRESIDENT HARDING SUGGESTS ARBITRATION.

JAPANISE AIRSHIP. DESTROYED.

NO "CASUALTIES.

Toxxo, July 10th. England in April fast, exploded and was The naval airship which arrived from destroyed with the hangar, at Yokosuka, this morning. There were no casualties. JAPANESE ARMY REFORMS.

· FURTHER REORGANISATION

CONTEMPLATED).

LoxDex, July 10th

Toxro, July 10th.$48,000 per annum. "I dare say," re- At Wimbledon, in the Gents. Singles final, Patterson (Australia) beat Lacets reform, which were published on Julying of this case we shall hear a lot about The outlines of the scheme of army marked counsel, that during the hear (England) by 6/3, 6/4, 6/

4th and which it is stated were published the rent. In 1816 it was fixed at $1,000 The match was played before moderate, attendance. It was the first reorganisation, which the War Depart oath. Now we shall be told that a prematurely, are only part of the day of the contests on which no rain fellent contemplates. This information was Lycett opened with a double fauit, but communicated by the War Minister to We shall see righteous indignation exud rent of 84,000 a month is preposterous. thereafter he effected beautiful cross the House of Representatives and the ing from every pore." The reduction court drives on Patterson's backband. Pecu However, in the middle of the second set he fell away. The Australia's, serving stroke must effectively.

easily superior.

In the third round of the Mixed len beat the Americans, Mather, and Doubles, O'Hara Wood and Mile. Leng generally atendiez, the Americans not Mallory 0/2, 6/4 The winners were combining well.

123

C.S. SHIPPING BILL BRITISH GOVERNMENT MAY RETALIATE

ANGLO-CHINESE INTERESTS.. SPEECH BY CHINESE CHARGE D'AFFAIRS.

LONDON, July 10th.

Addis were among the imposing list of El Balfour, sir Auckland Geddes, the Japanese Ambassador and Sir Charles gents at a huncheon given by Mr. Chao Hsin Chn in honour of Mr. Alfred Sze, Chinese Minister nt Washington.

from 100,000 per annum to $48,000 per aunum was agreed to, Council explain ed, because it was thought that the Tobacco Company would have to pay certain rates which it had since been found they had not to pay. He would

Rents Ordinance they were not liablefor the rent was eminently reasonable. The prove on that brauch of the case that defendants contended that under the more than $1,300. Since the Ordinance was passed; Mr. Fottor continued, the Speaking subsequently at the Inter-down in any of their letters. They now defendants had not used the word go- national Scholarship Dinner of the called it a domestic tentiment. If it. Lyceum Club Mr. Chao Hsin Churcite was decided that the building was outside rated the necessity for increasing the the Ordinance there could be no question facilities of Chinese students to come to that the rent would be $4,000. The "do Great Britain. He pointed out that fendants contended that the building was America had 2500 Chinese students, covered by the Ordinace and that they compared with Great Britain's 250, and were entitled to a lesse with the rent at interested in the suggestion that Great declared that Chinese were particularly $1,900: money oyez which they had control, but Britain should earmark certain sums of which came from the Far East, for the purpose of supporting Chinese students

Mr. Chos Hair Chu applauded the club's decision to give a scholarship to a Chinese student coming this year, as the sort of encouragement which would do much to bind still closer, the links of DUTCH INDIES AS MARKET FOR Anglo-Chinese trade, commerce, science,

BRITISH PRODUCTS."

learning and good feeling.

LONDON, July 10th.

In the House of Commons, replying to a question in regard to the American Ship ping Bill, by which, inter alia, 50 per cent. States is reserved to American vessels, of the total immigration to the United ment is considering its effect upon British Mr. Harmsworthy raid that the Govern shipping, and is consalting the Depart necessary if the Bill is passed. ments concerned in regard to the steps

INDUSTRIAL "FAIR AT

UTRECHT.

regard to the forthcoming Industrial Fair

Losbox, July 10th.

at Utrecht, which is recognised as the British applications for information in

IMPUDENT BANDIT'S DEMAND & market is becoming more generally buying centre for the Dutch Indies, in- dicate that the value of the Dutch Indies THREATENS TO DESTROY OIL

recognised by British manufacturers, PROPERTY..

WASHINGTON, July 10th. The American Consul at Tampico re ports that the leader of the bandits, who last month was responsible for the whole- salo kidnapping of foreigners connected with oil well, has threatened to blow up the pipe-lines and pumping-stations un leas he receives 15,000 pesos ransom.

EMPIRE GROWN TIMBERS. EXTENDING THEIR USE IN

GREAT BRITAIN.

LONDON, July 10th The Imperial Instituto Advisory Com mittee is inquiring into the possibility of extending the use in Great Britain, of timbers produced in garious parts of thei oversens Empire.

WASHINGTON TREATIES

BILLS. PASSES HOUSE OF COMMONS,"

LONDON, July 10th. The House of Commons bas passed the Bills. third reading of the Washington Treaties

NORWEGIAN MERCANTILE MARINE INCREASE.

WASHINGTON, July 10th: The Government is appointing Deputy hals in all strike areas to preserve and order, to protest life and, pro perly and to maintain communications.

President Harding has communicated with the coal owners and miners, pro posing an immediate resumption at the pre-strike scale of wages, pending, the

The Norwegian mercantile marine on Bindings of an arbitration-board repretons, which two per cent, above pre-war July 1st, totalled two and a half million senting the owners, miners and the public, tonnage.

CHRISTIANIA, July 10th:

RAILWAY.

LATEST CANTON NEWS.

t

should view the premises in the after Potter suggested that the Chief Justice At the conclusion of his address Mr.

coon. This would take some time. are the nine beds.

The Chief Justice: All I want to see

big place. He wanted His Lordship to Mr. Potter said the factory was a very see what was going on and how it was substantially used..

The Court then adjourned until to-day and the Chiet Justice inspected the pre- mises in the meantime.

ALLEGED

DEMANDING

MONEY BY MENACES.

A POLICE TRAP THAT FAILED.

share immediately after the appropria tion voted on May 30th, was paid, is Tla

6.80 per cent, per share, or less than is 88.99 per share, so that a dividend of Th. 6 per share only representa a return of obtained from this year's ise of Muni- cipal Debentures.

foregoing is vouched for by the Com

The accuracy of the figures given in the pany's "Auditors in the following Certi- 54te:-

June 16th, 1892. "Following instructions wa hava examined statements exhibited to, as showing total amount of Capital Ex- of re-

penditure, and the peacial years

turns thereon for the -ended March 31st, 1921, and March 31st, 1922 We find such statements correct and in accordace with the Company's recorda. Capital Expenditure includes the original cost of Franchise (Tls. 35,000) had cost of Stores on hand un used at March 31st, 1921-Tia 128,384.94, and at March 31st, 1923-Tis. 107.444.815 therefrom have been deducted Assets. fully depreciated, differences arising after revaluation and such-sssets as have been sold.

"No charge has been made in Revenue. Accounts for Debenture and Bank in. terest nor for bonuses to Foreign Em- ployees. The Revenue and Capital Expenditure Statements have drawn

up as nearly as possible on the lincs followed by the 8.1.C. Electricity Department to show, similar informa tion.

been

Subject to the foregoing we certify the earnings of the Company to be 9.92 per cent on Capital Expenditure as at March 31st, 1921, s. 2,478,009,40 and 8.16 per cent. on Capital Expenditure. aa at March 31st, 1992, Tix. 3,928,110.02.

the service is being starved, the fact is, So far then from it being the page that so much is being spent on it, there is not enough left out of the income earned on

their investment. holders a reasonably, adequate return on the present scale of charges to give' sharo-

"(Signed) LovE, BINGHAM & MATTHEWS."

C. HOLLIDAY, Shangbai, June 29th, 1022,

Chairman of Board of Directors.

LONGEVITY IN SHANGHAI,

A THREATENING OUTLOOK.

we received word from our Canton corres

An Informant points put that the By the late Canton steamer last night

statement that the late Mrs. James Johnston was the oldest lady resident of pondent that affairs in that city, aro

Shanghai is not quite accurate, and he OBITUARY.

assuming & more serious aspect.

A case of demanding money by menaces arrived here about 1859 and another a mentions that one lady still in our midst It is now evident that Dr. Sun is still came up for hearing at the Magistracy, few years later but also in the sixties, VICE-PRESIDENT OF GRAND TRUNK on board a warship anchored off Shameen sell. The defendant-a Chinese foki-old residents generally and all those wo yesterday afternoon, before Mr. Lind And when we consider the number of as he was yesterday interviewed by the Foreign Conenis.

was said to have threatened another foki have known in the past decade, we begin The mechanics in the Electric Com-serious injury unless he paid him a sum unhealthy place which life insurance com of the Kom Hing Dyeing Factory with to realize that Shanghai cannot be the work, apparently in sympathy with Dr. pany's plant at Ng Sum Mun-have ceased of $100.

panies used to imagine. The same topic Sun.

Mr. R. E. A. Webster appeared for the arose about Indis only a month or so complamant and Mr. A. E. Hall for the back, when to disprove the assertion that defendant.

lathe evidence for the prosecution it three prominent railway engineers, two people could not live long in such climes

matter to the police at Ysumati and a duced. Nobody quite knows how it is was stated that after the threat had been of them knights and all three, in the made the complainant reported the vicinity of four score years, were pro- detailed to pass a portion of the $100 can live any time in such places as these, trap was laid. A Chinese detective was done: some assert that only teetotallers.

MOSTEKAL, July 10th. Vice-President of the Grand Trunk Hail The death is announced of Mr. Biggar, way?

«DETCH CONBUL" IN LONDON, LONDON, July 10th Consul-General for the Netherlands in London.

The prisoners in the Nam Hoi District Gaol, numbering some 300, mutinied, and The death is announced of MM, tured and another thirty were shot down effected their cacape. Thirty were recap by the soldiery.'

A fuller report of these exciting events

SOVIET PERSECUTION OF ECCLESIASTICS. ARCHBISHOP OF CANTERBURY'S REQUEST REFUSED.

LONDON, July 10th,

acfod prematurely and, it came out in to take something for the good of their the cross-examination that the detective Insides. Some have always taken a huge THE PRINCE AND GRAND LODGE. Was reproved for his action

In the witness-box the defendant long-living adversaries, with recollections amount of exercise, while their equally The Duke of Connaught, presiding on admitted that he threatened to give the of fellows who had hypertrophied hearts, The Soviet Government has refused United Grand Lodge of English Free After bo had been arrested some person here. It is well, however, that records June 7th, as Grand Master brez the complainant "biding," but strongly insist that nothing more strenuous than the Archbishop of Canterbury's roquest masons, at the Central Hall, West attempted to place some marked money go to support the belief that the span of denied that he had demanded money. game of lawn bowls can be tolerated for permission to send a commission.

[In view of the Soviet's persecution of inster, invested the Lord Chancellor as in his pocket. The money was picked life for foreigners is lengthening in the fusing to hand over Church property, year. Russian ecclesiastics, apparently for re- Junior Grand Warder for the ensuing up from the ground. It was not found in Far East, for with a change in conditions the Primate proposed that a committee

his possession. should investigate.1.

It was intimated that the investiture-

of work and trade hore, it is all the of the Prince of Wales, as Senior Granded to be a certain amount of collusion to that competence which might enable Mr. Hall submitted that there appear longer before the average man attains Warden, will take place in the autumn at amongst the witnesses for the prosecution him to abide in luxury in the homes of a special meeting of Grand Lodge, which and on this ground alone he was entitled his forebears-NO. Daily News will probably be held in the Albert Hall to ask for the discharge of the defend

HEAVY-WEIGHT CONTEST. AUSTRALIAN CHAMPION-DEFEATS

CANADIAN.

LONDER, July 10th. At the Holland Park Hall, in a twenty- George Cook(the Australian champion) round contest between the heary-weights

pion), the former won on points. and Boldier Jones (the Canadian cham (Continued at foot of neat column).

COUNTY CRICKET. KENT DEFEATS NOKTHANTS.

LONDON, July 10th At Tunbridge Wella, Kent defeated Northanta by an maings and 115 ran,

fant.

The Magistrate, in summing up, said there seemed to be a certain amount of

Indications are not wanting that, des doubt as to the veracity of the detective's pite the powerful advocacy of President. evidence, but taking into consideration Harding for a quick passage through the defendant's admission of a throat he Congress, the American Ehip Subsidy. bad decided to amend the change to that Bill will meet with considerable opposi- defendant to prion for three months enough to wreck it, will indefinitely post- of disorderly conduct and to send the tion, which, while it may not be strong with hard labour.

pone its progress.