1923-03-19 — Page 2

Page

O.

Ᏼ .

BEER

PRODUCE OF MANILA.

TAN HONGKONG DAILY PRESS, MONDAY, MARCH 19TH,

UNEQUALLED IN QUALITY

THE

PREMIER BEER

NOW ON

THE MARKET.

SOLE AGENTS: GANDE, PRICE

CO. LTD.,

WINE MERCHANTS,

Tel. 0. No. 135. *

8; QUEEN'S ROAD CENTRAL,

HONGKONG.

(183

ONE RECITAL ONLY

WILL BE GIVEN BY

LEOPOLD GODOVSKY

(World's Greatest Planist)

AT THE

KOWLOON THEATRE

(Nathan Road)

On WEDNESDAY, MARCH - 215t, at 9.15 p.m.

"KNABE" CONCERT GRAND PIANO WILL BE USED.

TICKETS $3.00.

DRUGS

BOOKING AT ANDERSON'S.

PRESCRIPTIONS

When the Doctor prescribes he expects the Druggist to fill the prescription with Fare Drugs. The quality of our Draga, Medicines and Toilet Goods is not surpassed. Have the Doctor's Prescription filled here and the result will be satisfactory

THE PHARMACY,

YE OLDE PRINTERIE

"LIMITED.

RENT DECONTROL BY. STAGES

PROFUSALS OF THE COMMITTEE

TWO REPORTS,

RENT RESTRICTION

BANKS

BUSSO-ASIATIC

BANK

Roubles. $5,000,000

CHINESE GOVERNMENT RESINS FUND

The long expected Report of the Bent Restriction Act Committee, re-appointed and partly re-constituted last December under the chairmanship of Lord Onslow, Clapitan (FULLY-PAID} was issued yesterday (writes: The Tas RESERTE FUND of February 10th) It consists of CAPITAL CONTRIBUTED BY THE The Departmental Committee on the Increase of Rent and Mortgage Interest majority and a minority report, the latter (Restrictions) Act, 1020, haa issued two signed by Mr. Duncan M. Graham and

Colonel

D. Watte-Morgan, together with reports. The majority report is signed by the Chairman (Lord Onslow) and eleven sundry reservations on specific points by

the Chairman and

Broadly speaking, the by the two Labour morabers.

recommen

of the majority follow from time to time have

which

other members, and the minority report of the Commit several other members

the lines

first

nre

whereas the two Labour represeve

The majority report recommends further period of restriction, but that the been foreshadowed in our columns. The new Act should aim at the gradual with

principle of these, the drawal of control.

It is therefore pro-governs all the rest, is that the whole posed that restriction should be removed of the existing restrictions should be in stages, beginning with the houses removed at the earliest possible date, last brought under control, as follows:-

of the opinion that they should Decontrol at Midzammer, 1993: houses" of

a standard rent exceeding £70 is the till 1930. On this particular point we Metropolitan Police district and £59 that the pablir generally will be strongly with the view of the inclined to agree elsewhere in England and Wales Decontrol at Midsummer, 1924: houses of a majority. There is no doubt, as their Report

have peal, as well as fina standard rent exceeding £35 in the Metro-suggests, that

to drive away politan Police district and £28 elsewhere in cial, reasons have

investment money from new house property. and Wale

But the aversion to statutory control of of the re Midsummer, 1995, at maining

kind, which is the result of the country's classes of houses.

painful experi-investors

since 1910, is by no In Scotland houses of a standard rent exceed

In spite of ing 260 would be no longer controlled, and means confined the restrictions in respect of houses ex-

the great benefits conferred on tenants by ceeding £30 standard rent would be with that in the lotting and

Rent Restriction Acts, it is commonly agreed dwelling renting drawn at Whitsuntide, 1924, and those in re houses, no less than in other departments of spect of houses of lesser rental a year later.

the country's!

he ended without

unnecessary creases of rent permissible under the predelay, and free scope given once more to the sent Act should not be altered except in the normal laws of supply an

The and demand. case of a tenant who sub-lets part of a house; Report does not recommend that all the but that when a house becomes vacant it restrictions on all classes of houses should be should be withdrawn from the scope of the rem

110

the

HEAD OFFICE :

* Paris, 9, Bus Boudreau.

LONDON OFFICE:

E

64, Old Broad Streat, E. 2

DANKEN. ÷

$6,900,000 Kap, Ta

3,500,000 1,750,000

Societe Generalo LONDON: Messra. Glyn, Milla, Curris & Co.

pour Favoriser le Dweloppement du Commerce et de l'Indus trin en France. PAR: Societe Generale pour Favoriser lo Developpement du Commerce et de l'Indus trie en France.

Banque de Paris et des Pays-Bas,,

Lovs: Societe Generale pour Favoriser le Developpement du Commerce et de l'Indus- sris en France.

N

Yong: The Irving Bank-Columbia Trust Company.

BAN FRANCISC: The Cracker National Bank

of San Francisco.

BRANCHES IN ASIA: Changchun Hankow Manchouli Tientsin Chefpo

Harbin

Newchwang Uramtchi Dairen Hongkong Peking Yokokama

Kashgar Shanghai

It is further recommanded that the in trol shome, the period of artificial cen. Esüar

HONGKONG BRANCH: Interest allowed on Current Accounts and Fixed Deposits. Terms on application. Local Bulls discounted.

Foreign Exchange on the Principal Cities of

R. A. RODGERS.

Manager

new Act. A tenant should have the option/removed at once. It is suggested that there the World bought and sald.

of

Modifications of conditions governing the landlord's rights to possession in certain cases are suggested. The present owner of shouse desiring to oceny it himself would have to give three months' notice expiring not earlier than Michaelmas, and if he did not become the owner

until after December 31st, 1921, he must show the Court that greater hardship would be caused by refus ing the order for possession that by grant Ling it.

should b

d'be a further period of restriction, to be rea 1 in the light of a transition period be regarded in t

concluding, during the currency of the new Act, a new agreement with the landlord beginning from any date and extending between the present time of fall control and time when all restrictions will have yond the date at which the new Act cases ceased to exist. During this period, if the to apply to the house.

Report is adopted, control will be with- drawn in three separate stages. Houses which were first brought within the scope of the in- restrictions by the Act of 1920 will not be eluded in any new Act; those brought in un- der the Act of 1919 are to be protected till midsummer, 1924; and protection will be withdrawn

from

the remaining class of houses at midsummer, 1925. It will be seen that by this arrangement the first class of tenants to be deprived of the safeguarda con- ferred by the various

who, paying the highest rents, particular house remains protected as regards were the last to benefit by the system of con- rent any mortgage on that house should be trol. To this order of procedure no wore it is restricted as under the present Act. (The need be taken, even though in some way it is Chairman and three other members record the people of the lower middle classes their opinion that all restrictions on deal- have been most severely penalized by the fin- ings with mortgages should be allowed toancial straits of which the war was the direct Inpse with the present Act.)

__5971

P.&O.BANKING CORPORATION

LIMITED.

(INCORPORATED IN ENGLAND `1890). with which is affiliated

THE ALLAHABAD BANK, LTD., INDIA

AUTHORED CAPTITAL SUBSCRIBED AND PAID UP

It is also proposed that, so long as a will be those who ent Restriction Acta ESKEVÉ FUND

KENT INCREASE NOTICES,

cause. On the other hand, it was can- tended by 4 large number of the witnesses examined by the Committee that the The recommendations of the majority tenants of the larger houses are persons would leave the position of sub-tenants who are in the best position to purchase substantially unaltered. It is suggested that their own houses, or to rent new houses notices of increases of rent should be simpli- at an economic rent The effect of re- it is demand

only in of

moving-up" process which will help to relieve the pressure on the small houses.

INTIMATIONS.

BOWERN. &

No. 8, Mossex Road, SHANGHAL

Mombers British Chamber of Commerce (Shanghai). Mr. T. W. BOWERN, Fellow of the Institute of Chartered. Shipbrokers, Intory, porated by Royal Charter, London.

STRASBUIF AGENTS AND SHIPBROKERS, For the Purchase, Sale and Charter of Vessels of any Tonnage, Passenger and/or Cargo, New sad/or Old, with delivery China at Very Low Prices,

SALVAGE OPERATORS, MARINE SURVEYORS

AUCTIONEERS, Coat MerchanTS, FHEIGHT BROKERS, METAL MERCHANTS, Machinery For Sale, New and Old in First-

Class Condition.

IMPORTERS AND EXPORTERS, SHALF-BROTERA

Members Shanghai Sliare Brokers Associ tion

Sonz AGENTS FOR Cu GREEN'S PATENT ANCHORS.

SAMUEL WARDEN & Co, Ltb. (Sheffield),.

High-Class Steel Manufacturers (Tank Brand).

Catalogues and Price-Liista on application]

(Enquires Welcomed

CABLE ADDRESS: BOWERN, Shanghai,

Cons: Bentley's, Scott's, ÅR.C.

3th Edition and Improved.

'GLEN". LINE, LIMITED..

NOTICE TO CONSIGNEES.

FROM UNITED KINGDOM, PORT

SAID, SUEZ AND STRAITS.

THE M.Y. “GLENADE”

having arrived from the above ports, Con signees of Cargo by her are hereby informed that all Goods are being landed at their riak £5,000,000

Into the hazardous and/or extra hazardous. £2,594,160

Godowns of The Hongkong and Kowloon £90,000 Wharf and Godown Company, Limited, whence, and/or from the wharves, delivery may be obtained.

HEAD OFFICE: 1st, Leadenball Street, London, EC. 3

WEST LONDON BRANCH: 14-18, Cockspar Street, London, B.W. I,

EASTERN BRANCHES: Bombay, Calcutta, Karachi, Madras, Colombo, Singapore, Hongkong and Shanghai. The Corporation undertakes General Banking and Exchange Business of every description and

0. CHAMPKIN,

Manager. De

29, Den Voux Road Central, Hongkong.

bed and that increases in excess of the legal moving restrictions from the which in addition to its Branches has Agencies · in ali

mount should be invalid posed that a land we wil the building, which lord should be prevented from evictinging placent present mainly of this etatutory tenant immediately on the lapse of type of house and so set going restrictions without reasonable notice.

Several members sign the majority

with report.

reservations · Colonel". Fre mantle suggests that, within specified limits, there should be local option as to the date when decontrol should take effect, this option to be exercised by county and county borough councils.

It is, we need hardly say, houses of this last type, those rented at £35 or less, which came under the Act of 1915, of which the need is the greatest and most argent. The Committee express the hope that during the transitional period these have brem working-class houses

by State or by the municipalities or of provided by private enterprise or

all three-in sufficient numbers to reduce the deficiency to a. point at which house-owners

anemploy

THE

AMERICAN EXPRESS CO.. INCORPORATED.

HEAD Ornica:

NEW YORK CITY,

INTERNATIONAL

Cities of the World to provide Commercial Eighty Offices are established in the Principal Organisations and Frivate Individuals with a complete World Wide Banking, Shipping and Travel Bervice.

Goods not cleared by the 20th March, 1993, st.5 p.m., will be mubject to rent.

All broken, ehated and damaged packages. to be left in the Godowns where they will be examined in the presence of Consignees by Messrs. Goddard & Douglas on 20th March, 1998, 80 10 AM. Claims against the steiner- including those for cargo short delivered must be presented on the special form provided, and must also be submitted within 30 days of arrival otherwise they will not be recognized,

No Fire Insurance will be effected by us in any case whatever.

Bils of Lading will be countersigned by

JARDINE, MATHESON & Co., Lan

Agenti Honghong, 13th February, 1993.

1545

NOTICE TO CONSIGNEES,

THE PENINSULAR & ORIENTAL STEAM NAVIGATION CO'S STEAMER.

"SOUDAN,"

$100

COMMERCIAL LETTERS OF CREDIT. DEPOSIT AND CURRENT ACCOUNTS.

FROM BOMBAY, COLOMBO, STRAITS, SINGAPORE AND HAIPHONG.

CONSIGNEES of Cargo by the above- namel vessel are hereby informed that their Goods are being landed and. placed at their risk in the Hongkong and Kowloon Wharf and Godown Company's Godowns at Kowloon, where each aonaigument will be acated out mark by mark mul delivery can be obtained as the Goods sow landed.

This vessel brings on Cargo from

Ferrian Gall ex BISN and B. PS.N. Co Steamers.

The minority report suggests that the present restrictions should be continued till 1930 for the lowest category of houses, and also for the same period in respect of the two other categories unless withdrawn earlier by an Order in Council approved by Farlinment. will no longer be in a position to demand and BANKING-SHIPPING-TRAVEL ABITED HONGKONG DN 16TH MARCH, 1928. The minority report recommends an imobtain excessive rents. They also point mediato reduction of all rents by 25 per cent, out that the prevalance of and a further reduction by 15 per cent. atment, and the general fall in wagon THE RED BUILDING (OPPOSITE ICE HOVEX ST. Martinmas, 1993. It calls for a revival of the

make even the present rents a grent State-aided hansing schemes of local

strain on the resources of the work Authorities.

ing classes, and that fears are entertained in some quarters that numerous evictions might follow the withdrawal of the present Act. The Report, in fact, fully recognizes MINISTER'S VIEWS ON RENT that the one thing that really matters, the -must one crying evil for which a remedy. → BESTRICTION-

is the deficiency of at all costs be found.

Beyond dwellings

suggest. CONTROL DESTROYS CONFIDENCE working-class

ing that the removal of the restrictions OF INVESTORS.

will tend to stimulate the enterprise of the private builder though these restrictions it" must be remembered, do not

not apply to houses newly built or building they do not make any practical proposals as to how that deficiency may be overtaken. Their There can be no real improvement; in

As & inathod of

any case than constructive question solved, since all reform begins deali with the glave difficulty of the

dealing in the home The Government propose lack of dwelling-houses, it is only a

a half It is for the Government, if the Immediately to bring in a new Housing

of the present shortage of houses adopted and acted upon, to Travel Transaction.

which will aim both at getting rid:

12 recommendations with s B anding

Dieans of positive building programme framed, to abolishing the horrible alums which still

still supply the nation's needs. Of the various of our towns and plans which have been published the most

brought

(SUCCESSORS TO PRINTING DEP?," HONGKONG PRINTING PRESS)

18, WYNDHAM STEBET,

COMMERCIAL PRINTERS AND BOOKBINDERS. PRINTING AND ACCOUNT BOOK MÅKING OF EVERY DESCRIPTION DONE WITH ACCURACY AND FROMPTNESS. ALL WORK DONE UNDER THE PERSONAL SUPERVISION OF THE MANAGER 'Phone 8797.

ASAHI BEER

SPRCIALLY DREWED FUR. EXPURT

DAI NIPPON BREWERY CO.

LIMITED

NOKYO, JAPAN

SOEN AGEN‚·

V. C. LABRUM.

MITSUI BUSSAN KAISHA LTD.

HONGKONG.

The rent restriction question was dealt with by: Sir Arthur Boscawen in the address which he isuel to the electors of Mitcham. He said.

the condition of our people until this argent port is, as it was bound to be, negative !

"better

supplement

at providing

arist in too

many former difficulty chiefly by getting back w Inst

FOREIGN EXCHANGE. LETTERS OF CREDIT. TRAVELERS CHEQUES. LETTERS OF CREDIT. STEAMSHIP PASSAGES. HOTEL RESERVATIONS. BAGGAGE INSURANCE. CABLE AND POSTAL REMTITANOES. PURCHASE OF BILLS OF EXCHANGE.

Every approved Banking, Shipping and

Optional goods will be landed here unle instructions have been given to the contrary 6 hours before arrival of the steamer.

Goods not cleared within 8 days, including date of arrival will be subject to rent.

No Fire Inamsace will be effected by us in

whatorer.

Damaged pacinger must be left in the" Godown for examination by the Consignees, and - the

Burvigurs, Mesars, Gospans Company's & Dovolas, at 10 am, on Mondays and Thursdays.

Ohlins All

must be presented within ten day to THE KEY TO GROW BICH of the Steamer's arrival here, after which date

ennot be recognized.

Cities. We shall endeavour to solve the tonefal month the scheme which THE CHINA INDUSTRIESishna will 'bo' admitted after the Good

to the

which provided 95 per in, opeta local authorities of the kingdom.

tion

into the business that private enterprise, notice of the Minister of Health by an

dent of the beanses smportant depatation representing

ag many of before the war.

We shall act with and through the

plan may or may not commend itself Closely allied with the authen is that of the Rent Kastridiga A All polity which the Government propose to to the Prime Minister. But, whatever the with the hating controls are bad, and control of house pro-adopt, it is by placing it, with the least pos perty especially 20, since it destroye-con-sible delay, before the country that they can Eidence among investors in this class of best secure the end in view. The one thing property, without which houses will never necessary above all others is that local be boilt in suflejent numbers, a gene fully authorities, and private builders should

is recognised,

that rent restriction know for certain what they have to expect. must go at an early date, but it must be removed gradually and with proper notice, so as not to indict grievous hardships on tenants of working-class and middle-class houses, and on investors in house property:

THE LURE OF¬GOLT,

THE METHOD OF MOUNTING

DEVELOPMENT BANKING | have left the Godown. CORPORATION, LIMITED, DUUDELL STREET, gives to all its Depositor

a Handsome Rate of Interest,

AUTHORISED CAPITAL...$1,000,000.00 INTEREST

For Fixed Deposita

1 year

9 mouths

6 monthe

3 months

For Current Accom

a

@ 6 Par cent.

For Special Deposit... PersonalArrangement

For Current Savings 4 Percent For Fizel Savings...Regulations Obtainable. spectacle glasses is of the greatest im portance writes Dr. C. Hartbridge,MENT BANKING CORPORATION.

THE CHINA INDUSTRIES DEVELOP F.R.0.8 Ophthalmic Surgeon aid Lecturer on Ophthalmic Surgery to the FHE INDUSTRIAL AND COMMEROLAS Westminster Hospital, they must be nocurately centred in frames that are

correction may be entirely frustrated by

A well-known American weekly is steadily maintaining a campaign against the Golf habit in spite of the resentiabut of,

particularly contentions and hypersensi tive crowd of golfers. The campaign light strong and fit well, otherwise the started with the enumeration and occasional good effect of the most carefully chosen lurid description of the accidents which co- cur on linka. It was found that sudden death from apoplexy and heart failure was faulty position of the glasses, or even statistician is entered golfers. Now the fresh source of eyestrain may be intro

prevalent among

the fray. There are 800,000

in the United States Golf duced." The Hongkong Optical Co., 000 golfers Lalls, sticks, plus fours, railway fares, club subscriptions cost 120 million dollars a year. sore to Clark & Co., Refracting The land employed for the game could and Manufacturing Opticians, located in produce crops worth 13 million dollars; the 53, Queen's Road Central, have the equip time wasted in playing and talking about

it during business hours is worth 179 million meat and instrument to adjust your dollars. - Half a-bilion dollars all told. spectacle to 'w nicety, “ADYT,

"BANK," LTD.

HEAD OFFICE's

York Building, Chater Road Hongking

BRANCHE

MACKINNON, MACKENZIE & CO.,

Agents.

[558 Hongkong, 10th March, 1992.

TO CONSIGNEES, NOTICE OCEAN STEAMSHIP CO, LTD. CHINA MUTUAL STEAM NAVIGATION CO., LTD.

AND

-- per: "Bleamer""

ONSIGNERS Der Company's B

ace hereby notified that the Cargo will bw discharged into Holt's Whart, Kowloon, where it will lie at Consigned's risk and iubject, to terms and conditions of storage: at Thili's Whats The Cargo will be ready for daivery from Godown on and after 16th March.

Optional cargo will be unless

A

chised, ad d damaged goods

י.י 1:

are to be left in the Godowns, where they will be examined on any. Tusadaya and Fridays Shanghai,51, Kiangse Road.

between the hours of 10.45 km and Noon Hankow-Briash Conosation.

within the free storaga parlód. *AS

No claims will be admitted after the gooda CORRERFONDENTS INT Vahoouver, B.C., Honolulu, Singapore, Penang will be subject to rent

London, New York, Chicago, San Francisco, have loft the Steambe's fiodown, and all Goods

remaining undaävered

the 22nd Mar Tintain, Eratow, Macao, Canton and all ComAll Claims against the Steamer must be mercial centres of China and abroad. Veget

presented to the undersigned on or before the -PROMET BERVICE,

5th Apr, or they will not be recognised. Attractive rates for all kinds of Deposite » No Fire Insurance will be sisestada Incquirios men welcome

BUTTERFIELD 4 SWIRE,

Agentes Hongkong, 18th March, 1922

·

1969

TBMAL

1657