1923-01-20 — Page 3

Page

THE HONGKONG DAILY PRESS, SATURDAY, JANUARY 201H

Does Money Interest You?

FE

NEW MEN ever become so affluent that they are indifferent to what they spand. Even the most wealthy motorisé insists upon maximum value for every dollar he invests in a car.

This explains the popularity of the Chandler with those who

know values.

All that is essential, all that is modern, all that appeals to "pride, all that means economy of operation, is embodied in the

new Chandler.

Sterling performance on the road,

Richness, beauty and good taste in line and appointment,-

"

Power, ruggedness and advanced engineering in the chassis,- These factors allied to surprisingly low cost.

OUR FINANCIAL PROBLEMS.

MR. CRAMMOND'S SCHEME,

COMMUNIST PLANS FOR BRITAIN.

"THE PEOPLE WILL BE VERY MUCH

PINCHED."

A carefully oposidered paper on the Laternational Financial Situation was read before the London Chamber of Com

The following statement (reported in merce on Nov. 20th by Mr. Edgar Oram-

the Izestia). was made in Moscow by mond, the well-known political economist. There was a large attendance of mem-Varg, the Soviet organizer of the debate on agrarian matters at the Congress' of bera.

the Third International:-

Sir Owen Philipps, the president, oc cupied the chair,

"We must put an end to the dangerous legend that ben our revolution cuts Great Britain off from food-producing countries she will not be able to feed herself. She can and must do so. Isola

serve; she can also greatly increase her supply of fish, and use up her surplus of livestock,

נק

This declaration was made partly in reproachful reply to the British Com- munist delegate, Joss, who, as Varg said, timidly held up the famine bogy as a factor which might deter Britons from grasping a blessing of a Communist revolution...

1923.

NOTICES TO CONSIGNEES

NOTICE TO CONSIGNERS. The Steamship "PATHAN."

Fox LIVERPOOL, GLASGOW AND SINGAPORE.

יחי

....

JONSIGNEES of Carge are hereby informed. that all Goods are being landed at their risk into the Godowns of the Holb's Wharf at Kowloon, whence, and/or from the wharves delivery may be obtained. Before offering some observations as

Optional Cargo will be forwarded unless the luttes on which British nancial policy

notice to the contrary to gives before 16th should now be framed, Mr. Crammond

inst

No alaims will be admitted after the Goods examined in some detail the financial position of Great Britain, France, Gered by the revolution, Britain will not

starve. The people will, of course, be have left the Godown, and all Goods many, and Italy. Referring to the manner in which our own trade balance would fery much pitched, but the standard, of remaining andelivered after the 21st inst, stanmer must be be adjusted this year, he said that, on the life must be brought down: Englishmen will be subject to rent must learn to be content with something. All olaims against the whole, we might expect that in the cur

like the Italian standard. Britain has presented in the Undersigned on or before

the 31st inst, or they will not be recognised. rent year we would not only pay our

vast stocks,of imported provisions in re-

All broken, chafed, and damaged Goods aro way, but would be able to increase our foreign investments by about £100,000,000,

to be left in he Godewas, where they will be There had been a progressive decrease in

examined on the 20th fast, at 10 am, by Jar Barveyors Mestra Go"DARD & DOUGLAS

No Fire Insurance has been affected the amount of the Imperial expenditure since 1919, but further drastic economies

Bill of Lading will be countersigned by must be effected. Even under the most

DODWELL & CO., LTD., 235] favourable circumstances it was not prob.

Age.1o, able that the expenditure would fall be low £900,000,000. The rate expenditure of local authorities would call for £200,000,000. In a year in which the national income had declined to 70 per Varg continued:-Without the coun cant. of the 1913 amount, we could try population we may make but we can- We afford to spend £50,000,000 to not hope to hold our revolution. £800,000,000 on national services. It was must drum into the landless that they will evident that any economies which were receive the land now held by others; we possible in the cost of national services

must convince the smaller lessees that the could not of themselves solve our econo- and they hold will become theirs without

difficulties. We had 1,300,000 ui-(purchase, without rent, as a free gifted that all Goods are being landed at employed, and numbers of new workers The landless countrymen are our most would be seeking employment every promising fighting allies; we must "mould Then we had this great hur them to co-operate with our industrial den of Imperial responsibilies. Phone 482.

comrades. не obvious that

*must "increase

"We can overcome the mistrust of the the national income. But Europe was sinking deeper and deeper into the countryman by entering into his daily economic morase created by the decay life and supporting his quarrels. of the Central Powers, and we could not must win over the poorer workers of the soll, and set them against. the more well- even be sure that the national income to do farmers. One of our greatest dif would be maintained at its present level.ficulties is that here we have not to do There was no alternative for us but a policy of expansion, similar to that pur- with an amorphous mass, such ne was represented by the Russian 'peasants bo- rued by us between 1870 and 1974. which fore the war; but the restlessness in the was eminently successful. It brought us great profits in connection with the in-country, chased everywhere by the war, surance and financing of the trade of the a useful asset, which we must exploit

to the full."-Fonts., world, and proved of inestimable value in the war.

The Chandler models meet every possible transportation need. The Chandler takes you, at lowest cost, into the fine car class. This is the special appeal that explains the Chandler success. 4-passenger Sportster and 7-passenger Touring models now in stock.

THE DRAGON MOTOR CAR CO. LTD. 24, Des Vœux Road, Central.

Last Three

Hongkong..

Nights.

The House of Reputation where Everybody goes.

HARMSTON'S CIRCUS.

KOWLOON.

At 8.15 pm. Sharp. OUR

SECOND CHANGE OF PROGRAMME.

Last Matinee-To-Day, at 4 p.m. Children Admitted Half Price to the Matinee Only.

Soldiers and Sailors in Uniform Half Price to the Second and Stalls Only, BOOKING MOUTRIES.

SPECIAL FERRY AFTER EACH PERFORMANCE,

WHISKY

FINDLATER'

Telephone 3549 Central.

GIN

FINDLATER, MACKIE, TODD & CO., LTD.,

LONDON,

Agenta:

Messrs. CARTERS,

19009

IA, CHATER ROAD.

W. S. BAILEY & CO., LTD.

-SHIPBUILDERS, MARINE AND LAND ENGINEERS. nildars of Vessels up to 1,500 Tons: Fast Steam Launches and Motor Craft of all kinds Tags, Barges, Of Tankers, Light-draft and River Stemmer; Veesale bust and shipped for re-erection abroad.

OIL-FIXED TUG BOAT “LIOM" ZUIA KY WẪʼB. BAKHT & 004 END Boiler Makers, Fouaders and Constructional Eaglasers and Repairers.

not

year.

Was

It

We

THE REN LINE STEAMERS, LTD. NOTICE TO CONSIGNEES. The Steamship “BENLEDI." From LEITE, ANTWERP, MIDDLESBRO, LONDON AND STRAITS. MONSIGNEES of Cargo are hereby inform

the wharves

NOW" IN COURSE OF COMPILATION.

THE DIRECTORY

FOR

AND CHRONICLE

1923.

CHINA; JAPAN, KOREA, INDO CHINA, SIAM, STRAITE SETTLEMENTS, MALAY STATER NETHERLANDS INDIA, PHILIP.

PINES, BORNEO, Era

SIXTY-FIRST ANNUAL ISSUR containing

1,800 PAGES! 14 MAPB! SPECIAL NEW MAP OF HONGKONG AND THE NEW TERRITORIKS.

PRICE ***

812

Abridged Edition

M

THE DIRECTORY covers the notable even ports and cities of the Far East, from Netur fands India to Siberia, in which Europeans reside.

are as it can be made, but each Colony Not only is the Directory as fall and complate their risk into the hazardous and/or extra

wodowns of the beardons

HONGXoNe Port or Settlement is prefaced by a DESCRIP and Kowo WHAT & Gopows COMPANY, which will serve as accurate GUIDE FOR TH

TION, carefully revised each yest, most of whede and/or from LAD,

TOUR, giving every detail in connection with delivery may be obtained.

No Claims will be admitted after the Goods the places, their History, Topography, eta

The Information in these Descriptions, consist have left the Godowns, and all Goods remaining undelivered after the 22nd inst, will be subjecting of a hundred interesting articles, pakost with facts concisely set out, and containing statistics of the TRADE of each Country and port, would alone suffice to fill a large volume."

to rent

All Claims against the Steamer must be presented to the Undersigned on or before the

recognized. 31st inst, or they will not be

All broken, chafed and damaged Goods are to be left in the Godown where they will be examined on the 22nd last., at 10 M

No Fire faenance has been effected. Bill of Lading wil lbe ocuntersigned by

GIBB, LIVINGSTON & CO., LTD.

Agents. Hongkong. 15th January, 1923. : (036.

88. BENAVON,"

The Book is printed from New Typs specially reserved for the purpose, and uniformity in every arrangement greatly facilitates reference..

Besides the ushal Alphabetical List of Firmam the Directory gives to CLASSIFIED LISTS of TRADES and PROFESSIONS at the Commercial Centras“

Tha

ALPHABETICAL LIST of RESIDENTS i the Far East contains the names of own

20,000 FOREIGNERS,

Mr. Crammond summarised the position in the fourth year of peace as follows: In order to achieve this the reparations Germany had disarmed and her navy payments must be reduced to such a level was at the bottom of the sea. Our naval as the new Germany could be reasonably THE BEN LÍNE TRAMEES, LTD. position was, therefore; infinitely strong expected to pay; and in the second place er than it was in 1913; but we were faced the Gorman Government must balance with unknown problems in relation to the Budget. It would be folly at this submarines and air power. We had de- stage of the reparations problem to fixONSIGNEES of cargo from ANTWERP arranged, with the Initials as well as the Su

MIDDLESBRO and LONDON, Dames, in strictly Aphabetical Order, so that mobilised the vast armies which had been a sum which the Allies and the German

per the above-mentioned steamer are hereby any name can be found instantly. created, transformed our production from people would regard as hopeless for her

notified that the cargo has been transkipped BENLEDI, which

THE MAPS AND PLANS & war to a pence basis, and greatly into provide.

We

at Singapore into re creased our power of production.

He ventured to suggest that we colind Steamer arrived at Hogprong out this risk of the principal ports of the Far East have beam. had restored the mercantile marice to solve the two problems of inter-Allied and is now being landed at. its pre-war position, and followed with policy of ruthless deflation, which had debts and reparations on some such liner into the hazardous and/or actrs hazardous engraved by one of the most eminent Fims almost restored the value of the pound as the following: The capital amount Godowns of the Hongkong & Kowloon Wharf Great Britain and are annually corrected an

of the reparations to be fixed at & Godown Co., Ltd., whence and/or from the brought up to date., to its gold par value. We had brought

Under the terms of the wharvee delivery may be obtained. £1,100,000,000, order inte our finances and materially Spa Agreement, the allocation of this | reduced the expenditure on national ser sum would be as follows: vices. We were making arrangements To France, 62 per cent... £572,000,000 for the payment of our debt to America To Italy, 10 per cent.

110,000,000 reat. The vitality of our people was undoubted To the British Empire, 22

All disims against the steamer must be and we had a greater number available

242.000.000 presented to the Undersigned on or before per cent,

the 31st ins, or they will not be recognized. 68,000,000

All broken, chafed, and damaged Goods are 88,000,000 to be left in the Godowns, where they will be

examined on the 22nd inst,, at 10. £1,100,000,000

for emigration than at any period of To Belgium, 8 per cent...... our history. We had successfully passed To other Allies, 6 per cent. through the second stage of the greatest economic revolution in our history. The complete and efficient manner in which

we had put our house in order in four years of peace would be found to com- pare worthily with our achievements in

Total

CANCELLATION OF DEST

In conclusion Mr. Crammond submitted four and a half years of war; and this the following proposals: might be attributed in the main to the

That provision should be made for Ger- wonderful steadiness which the British people had shown under the greatest many's redemption of part of the French portion by-payments-in-kind. That we vicissitudes of fortune. We had definitely should cancel the French debt owing to

Our foreign trade turned the corner..

No claims will be admitted after the Goods have left the Godowns, and all Goods remaining delivered after 22nd inst, will be subject to

No Fire Insurance has been affected. Bills of Lading will be countersigned by

GIBB. LIVINGSTON & CO., LTD.

Agents. Hongkong, 15th January, 1923.

DAIRY FARM NEWS.

-ICE-CREAM.

**

PREPAID WANTED

ADVERTISEMENTS

The CHRONICLE cover the notable evenim together with the Texts of all, the most imporă. ont Treaties concluded with the countries of Eastern Anis, the variona Castame Tarif Trade Regulations, Chambers of Commer Scales of Commissions, Consular and Courk Fece, Hongkong Stamps Duties, Higua Codes, Chinese Festivals, Tables of Money, Weights And Measures and other Com mermal Information.

It is published at the Office of the "Home KONG DATY PRIS."

The Directories and Descriptions ara cË 1

CHINA. Boochow

[237

Feking Tientsia Peitaiko

Chinking

Nanking

Chinwangtao Wubu

Taku

Kewkiang

Antung

Hankow

Maziahurjan

Yochow

11963.

Letters are lying at this Office for

Boze VT, VW.

10 LET 9, Mountain View, 6-Roomed

FiB

HOUSE, front 1st March, 1923. apply. Box V.W., c/o Daily Press Office.

was beginning to expand; our production us. That the United States should be

Customers that their Orders for ICE was increasing; and, provided we could asked to cancel the French debt and the WE hereby beg to remind our numerous arrive at a friendly understanding with Italian debt. That France would under- CREAM must be placed 24 hours before deli France, we should aim at a policy which take to cancel the debts due to her by her very is required. would provide for the investment of former Allies. That we should cancel British capital abroad at the rate of at the Italian debt to us. That provision should be made for Germany's redemp- least £300,000,000 per annum.

tion of part of the Italian portion by payments in kind. That the interest on FRANCE, ITALY, AND GERMANY. Turning to the position of France, Mr. and the capital of the £700,000,000 to bd Crammond said that British policy with earmarked for the payment of interest în regard to reparations must be shaped with the first three years should be guaranteed That we due regard to the legitimate interests of by Great Britain, the United States, France. Her friends were distressed to France, Italy, and Belgium, plaerve her apparent disregard for all should cancel all the other war debta faterests other than her own in relation owing to us. That Great Britain should to the problem of the reconstruction of enter into a defensive pact with France, Europe: They were also distressed to Italy, Belgium, and Germany for cbserve that, while every other Great twenty-five years, and that provision Power was disarming, France maintained should be made for other Powers to be 4 gigantic army of nearly 80,000 men, admitted to this pact, so that it might For what purpose was this vast army ultimately be found possible to merge it to being maintained? France had less into the League of Nations. If this than 100,000 unemployed, while we had scheme were carried out the Allies should 1,300,000. We depended upon imports of forthwith withdraw the armies of occups food for four and a half days of every tion. A similar scheme might ultimately weck, while France was practically self be applied to Russia. supporting in foodstuffs. We must re- cognise that France was not in nearly so advantageous a position as she was, in 1914. To-day her sole reliance was upon ber army, and if France was to be per Ruded not to do something drastic she must have some sort of security. this England of ours starding at the spare wheel and tyre, luggage grid! In good. threshold of the new ern, somewhat rating order. Apply Box No.-.U, w/o

[14 Passing to the financial position of breathless and perplexed after her great Daily Pros Office. Italy, Mr. Crammond said he thought exertions during the past eight or nine that we should forthwith inform our

WANTED-Immediately. Male Short- to WILSON Italian friends that we had decided to years, but sound to the core. I see. ber called upon to undertake tasks of recon cancel their debt to us, without imposing ciliation and reconstruction such as her

[13 any conditions, and we could only hope broad shoulders have never carried bo that America would follow our example, fore. I ses her the hope of Western

having Twelve Years Experience Far East. Thorough friend, whose loyal co-operation was in which is organised and equipped to bring

uable to as during the war, would order out of the great chaos, and I feel y sequainted with Experts and Importa, in bear more fruit in tiroe to come than any aura that the will gather round her the charge several years Large Concern Hongkong, beneft we might hope to obtain by treat-stable forces of Europe, and lead the thorough knowledge of Foreign Languages, ing it as a debt which we hoped, but peoples of the world into the new erable bring First Class Europe and America

[12 really did not expect, to be repaid in which we are now entering-sn cre of connections, is open for Engagement. Write

Box V.T., ofa Dosly-Pres Oilico. the remote future,"

peace and recopsruction.*

We are entering," concluded Mr. Crammond, on a new chapter, in the economic history of the world-a period which, I believe, will surpass in the in- tensity of its development the wonderful forty-four years preceding the war. I see

Established IMPORT and EXPORT disposals Going Concern. Well Business with Fast, Claes connections and Agencies. Only capable Business Men with substantial amount of Capital need applyFox V.V. ejo Daily Press. Office.

Trade Ctres Shari

Newchung Ichang

Dairen

Port Arthur Chefoo

Weihaiwi Tazanfa Mukden

Canion

Whampo Kowloon

Lappe Shamani

Kingmoom Nanning Wachowis

K'Übauwatte

Pakhai

Hailee

Chung ng Hangchow

Sanchow

Bentano Foochow

Langehuw Mangtan Hokow

Bremo

Tongynne

Harbin Bwxtow Lungchingahan

Kirta Langkow

Changcham

Hunchum

Shanghai Amoy

JAPAN & FORMMA.

Tokyo Ont. Yokohama Hyogo Kobe

Tamsni

Keeling

Moji

Nagoonki

Hakodata

Shimuncseki

EASTERN SINDRIA.

Vladivostock

Choses (Korea).

Tousan.

Mokoo

Chemulpo Kunsan

Fuera

Fingring

Bangchim

Seon

Hosuzong and 123. Derandaworks, Macao FRENCH INDO-CHINA-

Hardi MOR SALE-Angus Fanderson" 4-Seater with electric lighting and starter,

This act of consideration towards a European civilisation the one Power WANTY.D.--Britisher

In regard to Gormany, Mr. Crammond Mr. B. L. Barclay, deputy chairman maintained that the whole method of deal of the Council, proposed a vote of thank OR SALE-Auxiliary Cruiser Facht ing with the problem of reparations ap to Mr. Crimmond,

RITA Length 226 Beam peared to be unsound, and it must be

The Hon. J G. Jenkins (treasurer) 8 Bit of Testwood throughout, Cabin dealt with op entirely different lines. The policy must be anch as would induce seconded this and suggested that as the 8 x 7 not three year old, all fittings the German people to believe in the paper could not be discussed the mem-Braas, just thoroughly overhauled Engine in bers might send in their comments to the perfect working order. Teakwood dingy 10. financial section of the Chamber for con- For Farticular, &o, Apply to Boz Và, c/o

Daly Fram Oli |sideration at its next meeting.

economic future of their own country, (Continued at food of next column)

Quinhon

Haiphong Tonkin

Provinces

Huo

Manila

PHDUYIKEL. Heilo Cebu

Brunei

Barswak British North Borneo

Cambad

BANGKOK MALAY STATES

Selanger

Palang

-Perlia ·

Negri Sembilan Jobore

Sixarts BeretaONTS. Singapore, Penang, Malacon, Fror Wellesley NETHERLANDS za..

Bamarang Buitenzorg Boembaya

Fast Coast of Fumatra.

AND "AMTLIGAn - Sqnzanmown / TNC,

CHINA WARD Japan. OPPLURES OF Ocape & BruEK ŠINAMENOM