1923-03-22 — Page 4

THORNYCROFT

IAND CO., LTD.

SHIPBUILDERS AND ENGINEERS *London, Southampton and Basingstoka.

PASSINGER AND CARGO VESSELS OF ALL TYPES UF NO.8,000 TONE; OCEAN-GOING TUGS, MOTOR BOATS (SEA OR RIVER)

UP TO 50 KNOTS.

TURBINES AND RECIPROCATING MACHINERY AND PROPELLERS.

MARINE AND STATIONARY OIL ENGINES

8 TO 90 B‚Í‚P.

MOTOR VEHICLES 2 TO 6 TONS.

WATER-TUBE BOILERS,

FOR QUOTATION, AFFLI-

10. KIUKIANG BOAD.

Summit

DRESS SHIRTS

With soft dressed fronts in 3 widths of pleats. Strong longcloth bodies, linen

fronts and cuffs

Made by AUSTIN REED, LTD., Loxpon, for

MACKINTOSH

& CO., LTD.

Men's Wear Specialists,

Alexandra Bufidlag Dés Voeux Road.

BHANGHAI.

YEE SANG

FAT CO.

Never Too Hot-Loose Fitting

B. V. D.

Coat Cat Undershirts and Kaee Leogih Drawers

$1.75 a Garment.

Union Saits $3.50 a Suit

SILK SOCKS

WHITE, BLACK & COLOURED`

Prices $1.25 a Fair,

FAT CO.

YEE SANG

SANG FAT

Tal Central 2313.

. O. Boa 530,

MADELINE PEARSON

AFTERNOON AND EVENING

GOWNS

St. George's Buildings, Ice House Street

(Next to Cafe Wiseman).

NOTICE.

MESSES, FINDLATER, MACKIE,

TODD & CO. LTD.,

WINE & SPIRIT. MERCHANTS;

LONDON.

The Agency for this, Old Established, and Well Known

Firm has been transferred from - CARTERS, to JAMES

H. BACKHOUSE, LTD,, No. 1A, Chater Road.

HONGKONG DAILY PRESS THURSDAY, MARCH 2ND,

YOKOHAMA SPECIE BANK. Amica continued to increase. The

SPEECH BY THE PRESIDENT.

pries of commoditřiks advanced, showing an increase of 19.8 per cent. as compared

1933

BRITISH CHILDREN IN THE TROPICS:

*

The eighty-sixth regular general meot-with the previous year. The discount THE QUESTION OF REPATRIATION. ing of shareholders of the Yokohama rate of the Federal. Reserve Bank con. SUITABLY ENDOWED IMPERIAL

SCHOOL! NEEDED,

Specie Bank was held at the Bank' premises on March 10th, when the bust

tinued at 4 per cent, as at the end of the first half of last year. Exports

SMALL POX.

NO EPIDEMIC AT MACÃO. Our Macao correspondent in it not published on the 16th inst, stated that, how- had been given to understand on.reliably authority that small-pox was prevalent in

Macao, and that the Government author-

ness report and accounts for the second amounted to $2,000,000,000, which figure Education af British Children in Hope ities did not appear to be aware of it as

half of last year, as printed in our advertisement columns, were presented and pawed.

The following is a translation of the speech delivered by Mr K. Kodama, President of the Bank-

2

TRADE

་

of £840,000

WHA

33.

to

cases were treated by herbalisti.

The Consul fer Portugal in Hongkong informs us that the Government of Macao

AMERICAN INCOME. TAX.

The income tax blanks, which it is the

In connection with the subject of the is nearly equal to that during the cor kong wo mentioned some views expressed responding period of last year, but, shows by Dr. Montagu Haraton, in his book on adeoline of $2,000,000,000 as spared Care and Treatment of European with the corresponding term of 1020, Children in the Tropics" when the figure reached. $4,000,000,000. | the desirability of repatriating child-declares that there can be no substantial As to the Imports, no accurate figures are ren for the purposes of education. foundation for that report. The Consut DOMESTIC ECONOMIC WORLD AND FOREIGN obtainable since the enforcement of the Dr. Harston wrote at greater length produced the official returns which showed

revised Customs tariff in October. How.oa

article which that there has been only one death from this subject in BJ The economic world at home during over, the import trade during July, he contributed to "The Child," a monthly small-pox in Macao from the 1st the term under review was still under August and September-revealed that a journal devoted to child welfare, and in January to the 11th of March, which the process of re-adjustment. Public ports had increased gradually. The view of the general interest in the ques-cotors the period most favourable to the atterinichi has been keenly, directed - to- wards the question of regulating the high American-Japanse trade during the term tion at the present time we quote the development of the disease, and it was added that if small-por was provalent it' prices of commodities and the problem under review is not yet definitely known, concluding part of the article:---- of lifting the ban un gold. In conse but statistics up to September 30th show

In conclusion, I must refer to the real could not escape the vigilance of the quanoe therof the Takyo Government that imports to America from Japan White Than's, burden in the Tropics; this minitary corps. published its called 19 items for lower amounted in value to $339,000,000, thus ion-the suparation of parent and child; is the separation involved by repatria-

It was suggested that perhaps chicken- ing prices, and announced the disposal occupying third place in the import list and all too frequently the martyrdom of pox had been mistaken for small-pos, but', of gold hold abroad in order to meet Exports from Japan are valued at matrimony by the separation of busband the returns for the past ten weeks showed the situation. On the domestic money $168,000,000, cocupying fifth place. Com and wife, for many such children hire only six cases of chickeá-pox. market there was, generally speaking, apared with the corresponding period of no relatives in the homeland willing to decline in the demand for funds in com-the previous year, the imports show an take charge of them, and the mathes must mercial and 'industrial circles. Th increase of about 40 per cent, while the of necessity accompany and look after her - country's foreign trade resulted in an exports were nearly the same.

children; excess of exports over imports, andt

In England the efforts of the authori taking advantage of the failing off in ties and people to adjust the post-bellum Tropics? This is a frequently recurring THE ANNUAL CHARGE UPON U.S.

Can healthy progeny be reared in the the demand for funds for the payment economic system havo beon successful question, and only recently it has been CITIZEN'S IN CHINA. of inward bills the Government and For instance, while the financial ad asked again. There have not been want- various companies issued for subscription ministration of the country during the ing authorities who have maintained that

number of bonds and debentures. second half of 1991 showed a deficit of it is possible for the white man to rear business of every American citizen, whose Nevertheless, the money market was com- £8,000,000, the term under review saw healthy progeny throughout their child- paratively easy, and there was a tenuletky a surplus of £5,000,000. The issue of hood in the Tropics provided disease is income requires, regardless of his place for currency to bo gradually curtailed: long-terin national conversion loans was overcome!

Such authorities are, in my of residence, to fill in and Towards the close of last year there was also attended with success. Domestic and opinion, optimists, who have blended

return, bare a rue on a certain bank in the Kansai foreign conversion loans dealt with themselves to actual facts, and their at last roached the U.S. Consul-General district, and this was soon followed by between April 1st and October 1st who have spent a long enough period in C. Daily News, 400

opinion is not shared by, medical men at Shanghai. Approximately says the further runs on various banks in other amounting to £425,000,000 and £55,000,000 the Tropics to accurately observe the

citizens Ju districts. For a time uneasiness prevail. ed in banking, and other circles, where respectively. As to long-term national effects of climate upon European children Shanghai (467 last year as per annual Juans there was an increase of £134,000,000 who have had to prolong their stay in report) will be affectd and must go the utmost precauțioa was taken to pre- vent further disasters. By the adoption in the total asut paced bit forms the Tropics adulte the same cone through the annual mental labour,

effected in interest. pointed oat, that we have, of appropriate measures on the part of the authorities concerned, the situation Site April 1st last year the Treasury ditions. obtaining in the Lancashire scrutinize their incomes and subtract cotton. mills; bat have we yet overcome from the gross, those munts which are was saved in time. It is, however, rotice Bills were reduced to 2418,000,000.

bla that the convertible notes issued by SIGNS OF REVIVAL IN INDUSTRIAL CIRCLES. lessened the tendency to tuberculosis at allowed for dependents, tax exempt -so

the anemia thereby induced ! We hava the Bank of Japan to save the situation In industrial circles there were signs home by improved sanitation: similarly curities, bad debts, certain losses, and in reached the unprecedented figure of of a revival in machinery, shipbuilding, we can lessen disease in the Tropics by the instance of single men or women the X. 1,800,000,000, thus breaking the 're wearing, coal, etc. Imports amounted to the same means, but how are we to primary exemption of G. $1,000 allowed cord of 1019. Capital funds required for £42,000,000, and exports to £300,000 ameliorate the climate. We must admit by the government, and with married various enterprises during the term showing an excess of imports over ex- the possibilities of erniation, and we may man or women, living as husband and under review amounted to Y500,000,000, ports to the amount of 273,000,000. The say that it may be possible, as the result wife, a total of 0. £2,000 for both, which compared with the corresponding excess imports over, exports during of hereditary transmission, for children While there are on hand some of both. period of the previous year, diminished the corresponding period of the previous born in the Tropics of parents who are forms it is not expected locally that to about one-half. Cheques handled in year stood at £107,000,000 From this, themselves of tropical birth to withstand the country showed a valuo

ut it will be seen that British trade is the effects of climate in a mensure super many will require form 1,040, which is Y.30,150,000,000, being a decline of gradually reviving. Since July 13th the ior to that of their progenitors: but not incomes of more than G. 85.000, Y.1.263,000,000 as compared with the wor. Bank of England has lowered its dis such a generation is az yet unborn. Maan 1,010, usable for incomes of less than racial evolation is a slow process, and but that the majority will fill out forstof responding period of last year. From count rate to three per rent, por annum, while adequate medical supervision, in 5,000. this it will be seen the economic depres- and the money market was generally necessary; this supervision will not, per sion deepened considerably. Exports sluggish.

mit of relaxation for many generations from and imports into the country dur

to come, not even when is the process ing the term under review amounted to Y.901,000,000 and Y.784,000,000, resulting In France, foreign trade has revived, of evolution the effects of climate on the of exemption. Eight percent in an excess of exports over imports to as have also the industries, but agricul autrition and growth of the infant have normal tax on balance of taxable

come. Surtax from one per cent. to 50 been overcome, " Wheat the amount of 117,000,000. During tural enterprises have failed.

I have already stated that children Per cant, on net incomes over $6,000 for this period exports exceeded imports each and other products had therefore to be

the year, 1929. month, in contrast to the corresponding imported in large quantities. Owing to enjoy, comparative health up to 6 or 6 years of age; after this age, however, teria of last year, when for every month the on-settlement of the reparations rapid growth occurs and the strain on imports exceeded oxports. The increase problem, no balance could be maintained the child's constitution is a very severe. in the export trade for the second half in the revenue and cxpenditure, the one, in most cases too savere for the main- of last year, was mainly due to activo, result being a decline in the value of the tenance of health. Repatriation is there shipments, of raw silk to the United currency. No ray of hope is yet visible. fore necessary if the child's bodily health States, the amounting in value to The import of raw silk from Japan was is to be maintained. The bodily health is, Y.404,000,000, which figure represents not an active as in previous years. however, not the only consideration; bity per cent. of the value of the total.

there is also the child's mental health and exports of the country. During the term, Conditions in China were quite dis too retentive of the impressions of early development. The child's mind is only foreign exchange bills handled by the couraging. The raising of cocoons, raw childhood: these impressions are, in fact, Bank mostly related to exports rather cotton and other agricultural products never forgotten. For this reason, then has decided to tackle the housing problem than to imports, the value thereof amount was active, but owing to the failure of if for co other, the child should be re for itself, sud is now embarking on its second ing to T.1.150,000,000 altogether, of which agricultural products during the past moved from conditions which necessitate scheme within three months for the erection. 7.628,000,000 represented export bills and two or three years the crops raised during association with native servants. Like the of houses without

financial saistance X.492,000,000 import bills. The total the second half of last year were not Corinthians, the parents worst be told from the State. any. figure was nearly equal to that of the sufficient to cover the shortage, and thus that evil communications corrupt good

Its latest scheme comprises 85 parlour.. corresponding period of the previous year. the shipments abroad were insignificant manners, so that they may avoid a lit-type houses designed by the Council's As regards the foreign exchange rate, the The purchasing power of the Chinese was ing imprint on the child a mind of architect and surveyor, Mr. P. C. Woodhall exchange ou the United States showed only cominal, and depression promila in most undesirable nature. Now such ad- and the lowest tender, received is £203. 154. upward tendency, influenced by the the export and import trade. Cases of ion as this is well suited to the more The home will be semi-detached, and built firm tone at the end of the Arst half bankruptcy are

with tile roofs. Each will contain reported in banking richly endowed inhabitants of the Tropics. of last year. On: July 3rd the rate ́nd-

to the higher government officials, to rich parlour, living room, and scullery on the ciroles. vanced to: $47). The remarkable, decline

merchants or their well-paid employés, to ground floor, and three bedrooms, be the in the import trade, coupled with the No real commercial prosperity is to be the pinter, and so on, but it is most room and lavatory on the first floor. The

tender price brisk shipments of raw silk to the United expected until the economic depression unpractical advice to

the subordinate electric light.

also covers drains, paths, and States, has brought about a rise in the throughout the world is over, and inter-official, to the railway employé, to the

The scheme has been enthusiastically erchange rate on the United States, war days. In spite of the general, copre-like. These are the people on whom the support of the Mora Paling, M.P., who i

local and has assisted September, and at the end of last year mic depression at home sad abroad, how. burden, weighs unduly; they are well paid, in conducting the necessary formalities.

admit, but the cost of living in the with the Ministry of Health. The estimates it advanced to $181. Exchange on Great ever the Bank was

Tropics has, at the present day, increased relating to the whole matter, including the Britain, influenced by an improvement profit-Japan Gazette,

in a higher ratio than their pay; and purchase of the necessary land and the cost. in the country's finances and a gradnäl

it is likely to continue to lacrenen with of certain road work, show that no financial recovery in Anglo-American exchange

the advent of more white people in the loss will be involved showed a tendency to rise, and towards

Tropics and the increase of industries, the close of last year the rate on England

such as is taking place at the present advanced to, s. ta. Exchange on THE

day. Every day it is becoming increas France and Germany continued to show

ingly difficult for these people to save up arrived. The child will then be able to enough money to give their children the return to the Tropica, having profited by benefits that they themselves enjoyed in spending his early years, when character

especially since the early part of

IN FRANCE.

IN CHINA,

able to make a

THE VOLCANIC ERUPTION

MOREA" REPORT OF THE

NEW ISLAND.

a downward tendency in proportion (to

B

What payable1 Four por cent, normal. tax on, taxable income up to $4,000 Am

HOUSES AT £303. YORKSHIRE VILLAGE WORKS

ini

OUT ITS OWN SCHEME.

without waiting for the State to evolve

The Ministry of Health announced that

with-Arksey, in West Yorkshire, whose housing policy the little township of Bentley- population has doubled since the last censas,

PLATE GLASS WINDOW.

a white man's burden in the Tropics, & Looking through my Torla lenses is....

In fill in the value of the currencies of As a result of the subterranean volcanic both countries, due to the difficulty of eruption, which was reported by the their childhood, and if such continues to is formed and strengthened, among others. wiving the reparations question and the Captain of the Fatasa Haru on March be the casa I can predict that it will not of his owa ruce, and be will be able to economic depression and political unrest in 9th, another island has been added to the be good for the future welfare of repre- take up in his turn the work of his forem bath countries. At the end of Inst year group around Pulan Cocir de Mor in the Bentatives of the Empire in the Tropics. fathers for the greater good and glory of the mark was valued at 2.700. Since China Sea, off the coast of Cochin China. There are members of the lower middle the Empire. them a further depreciation hue been ro The captain of H.M.B. Carbale on their hearts out in sorrow at the pros class in the Tropica who are to-day eating corded. Silver bullion stood at the com- hearing of the occurrence sent out the pect before them for the future welfare of paratively high rate of 25 or 38 pence up following wireless message: Eruption in their children. These am the people who to the beginning of October, but with the Lat. 10deg. 10min. N., Long, 109deg. Omin. may be truly said to be nobly sustaining approach of the year end it showed a 2000. E. new island formed at this spot." downward tendency in spite of do The message was picked up by the P. & D. burden the more beary in that it is of a abundant sale in China and I bemark Samer Horen at 8.15 am on March 9th dual nature, the burden of the body of like looking through a fine plate glass ablo demand in India. At the end at 3pm. Ahn was in the vicinity of both parent and child; and more serious window," said an American lady, in ther last year it fell to 30 pones, or there Pulau Cevir de Mer, the French, penal still, as far as the future of the white abouts. Naturally exchange on Chins wood, who is in command of the Morza, burden on the mental development of the the other day. She said just the right settlement At 5.30 p.m. Captais. Car pass in the Tropics is concerned, the course of her remarks while in a tramcas foll sharply.

sighted the new island, which had sprung child. ZOONOMIC CONDITIONS ABROAD. up the wook provious and by taking three the latter have to suder, when his |

Why, it may be asked, should thing. It cost a bit more to build s Turning to economic conditions abroad cross bearings confirmed the position parents are, in many cases, each in plate glass window and it cost a bit more during the term under review, it is seen Captain Garwood states that the island their own sphere, performing the work to make a pair of Torio lenses than the that the United States was on the road is about half & aile in length, very of the Empire? I cannot help thinking ordinary flat kind. Torics are more than to revival, Statistics inued by the U.8. narrow and rises about fifty feet above that in the near future some Imperial Department of Commerce shows that the surface. The island is about 18 miles minded man will arise who will help to worth the small difference in cost to you although the production of coal showed South of Pulau Cecir de Mer and about 350 diminish this burden by the establishment in the added comfort you donize from- diminutivo de a read of the gateral the direct route of shipping from Singa endowed to provide paige-money as this use. Torie leases of any prosarip.

Aniles from Singapore. It sooms to lie in far-home of an Imperiat school suitably strike of coal-miners, there was a general pore to Hongkong, especially that usually wall; ne education for the childron of the tion are manufactured by The Hongkong increde in the production of pig-iros, taken in the early part and, in the poorer classes of white people in the Optical Co., successors to Clark & Co. material for clothing, copper, building strength of the monsoon, and not very far Tropies when the age for repatriation, so Manufacturing and Refracting Opticians, materials, sugar and various argicultural from that taken by shipping bound to urgently needed for the child, so ab products. The value of negotiable boule wards Europe late in the season, in March solutely necessary for reo welfare has 63, Queen's Road, Contral-ADVT. advanced, and mmmercial bills haddled and April-Straits Times.

(Continued on mens column.)

fier