1923-04-30 — Page 5

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Page

THE SHANGHAI HOTELS, LTD.

CONSOLIDATING THE POSITION OF THE COMPANY.

PROPOSAL TO AMALGAMATE, WITH THE HONGKONG HÔTEL COMPANY.

THE HONGKONG DAILY PRESS, MONDAY, APRIL 30TH, 1928.

The Palace Hotel is doing very well, and with regard to the Astor Hanso Hotel, I may inform you that the new grill room, although only opened. in December last, Ims quickly become the 100t fashionable popular rentre of social netivity in Shanghai, and that in addition to this the new ball room in the Astor House Hotel will be opened within the next two or three months

THE PROPOSED AMALGAMATION OF TUK COMPANIES,

CORRESPONDENCE.

PEAK TRAMWAY

[TO THE EDITOR OF "THE HONGKOND DAILY,PRESS."]

THE SITUATION... · IN KWANGTUNG,

The counter offensive by, the Kwangai troops, supported by two three thousand troops from the North, appears

10

Sin-1 have read many letters in the to have been effectivey met by Dr, San Press of late proffering all sorts of sug-Yat Sen's fores, and the firmest confide gestions re the above-some of them good nce is expressed in official circles at and some stupid-but to my mind noue Canton in the ability of these forces to of the suggestions if carried out would deal with Shum's troops. There has been afford more than a slight and temporary so danger to Dr. Sun's position in Cantou since the first attack which was relief from congestion.

loyalty.* ̈*

tured large quantities of munitions which The Constitutional" forces have cap

they are nose using against the enemy and the Tunganese army in the North River sector has recently been reinforced

Thi twenty-eighth annual general meeting of shareholders of the Shanghai Hotels, Litnited, was held at the Hong kong Hotel on Saturday morning, Mr. J. Scott Haretoa, presiding. There were also present: the Hon. Sir Paul Chater,

I would add that we hope soon to effect C.M.O., and Mr. F. M. Raymond (Direc

in amalgation of this Company with the In my opinion, relief would be afforded |¦ a surprise, as only "on the previous day tors); Mr. J. H. Taggart and 134 Burrows (Joint Managing Directors): Hongkong Hotel Company, Limited, and Mr. W. J. Hawker (Secretary), and the your Directors are unanimous in belies for one generation at least if the Govern-Shum, the Kwangs Commander had ing that, having regard to the very close ment made a motor-road to May Roudonveyed to Dr. San a declaration of his following shareholders: Messrs. C. F. Pratt, A. Barry, J. B. Norton,

interests which exist between them, the and Conduit Rond and ran a five-arinuto T. R. Parsons. X. V. 3. Croucher and A. Wamalgamation will prove a satisfactory service of motor buses to those levels. In oan from the point of view of both Com-that event the Peak Tramway Company Sinith.

The CHAIRMAN said: —Gentleman, -The Inies

rate in would be enabled to run a non-stop eight As it is probably, at any head office of the Company having a Hongkong, far from being generally minute service throughout, The objec been transferred from Shanghai LA Hongkong. It is my privilege to present known. I would like, before concluding tion is that before this could be accom- to you the report and accounts of they remarks, to point out how much this Company in respect of the past financial | Company owes to Mr, Burrows-who, plished the Military Innda in the vicin) from Swatow by the best Cantonese army i year. As such report and accounts have with Mr. Taggart, is its joint Managing of Murray Barracks and south of them bren in your hands for some days, you Diretor-for its, to my mind, eminently would have to be resumed and this desir

Mr. Bur- will doubtless be agreeable that I should satisfactory present position. take theut as read. You are, of course, rowe has been in the Company's serviceable end is not yet in sight-Yours, aware that business conditions in North for some years, and was, during the time etc., China were not very happy throughout when the late Mr. Ezra was the Com- 1029. There was a great falling off in pany's Managing Director, his right- travel during the year, particularly from hand man, and I think all present will June to October. and this Company, in agree with me when I say, as I do, that common with all industrial concerns, the Company has not enjoyed the suffered from the effects of general trade services of Mr. Burrows during the past depression. Nevertheless, bearing in mind year, the difficulties connected with the the difficulties with which the Company task wherewith the Company was faced has had to contend. I think you will at the time when the Hongkong Hotel agree that we have been able to show a Company came upon the scene would have successful year's work.

been well-nigh insuperable, and on be

DISPOSAL OF DOUATYTI,, ANNETS,

11

H. Q.

Hongkong, April 28th, 1923.

THE HOUSING OF EMPLOYEES.

THE HONGKONG

(TO TRE EDITOR OF

DAILY PRESS."]

Sin-With reference to the letter which

half of the Company's Roard of Directors I bave written to British firms, companies and its Shareholders, I would tender to and corporations in regard to the housing Mr. Burrows grateful thanks for his meritorious services, and on my own hof their employes, I desire to explain half I thank him for the draft of this that the term 'employés," is intended to speech,"

(include employés of any race and of any

classYours faithfully,

Place to the Reserve of the following! Accounts :-

in the province. The character of the fighting in the West River region (serms:

No to have been much exaggerated. advance on Canton from that direction is lo be feared..

The best proof of Dr. Sun Yat Sen's sfidence in the situation is to be seen. in the fact that "his wife arrived in Hongkong yesterday from Shanghai and went up by the night beat to rejoin. her husband

DR. SUN YAT SEN'S POLICY. Á NOTABLE PRONOUNCEMENT BY

DR. WANG CHUNG HỆ

VISIT TO CANTON OPENS A NEW VISTA." H. E POLLOCK,

Dr. Wang Chung Hui, China's most Chairman, Housing Committee. Prince's Buildings, Hongkong,

eminent lawyer, who was Chief of the Chinese Delegation" to the Washington April 28th, 1923.

Conference, and subsequently became for The inquiry which Mr. Pollock is making whether firnis are prepared, assuming time Prime Minister at Peking, `hav New Hotel Development......1, 448.00 that they are able to get land on favour been on a visit to Canton, and was the able terms from the Government, to build bearer of a message from President Li Furniture

houses for occupation by their employés Yuan Hung to Dr. Sun Yat Sen or some of them, and, if so, what is the nature and extent of the accommodation Before leaving, Canton for Hongkong which would be required.]

(where he is at present staying) Dr. Wang handed to Dr. Sun Yat Sen an import. ant declaration of his views, of which the following is a translation:-

Improvementa General

30,000,00 100,000.00 350,000,00

The net profit for the year amounts to $37,967.34 being a decrease of 830.418.33 on the year 1921. The efforts made to eliminate from the assets side of the balance sheet those investments which oc

I now beg to formally propose that casioned somewhat severe criticism by the Company's Auditors last year have the report and accounts of the Company resulted greatly stabilising the affairs for the financial year ending December of the Company. It was found necessary, 1922, as presented be adopted and to be very drastic with regard to the that the sum of $728.409.08 standing to Company's holdings in the Chinn the credit of the profit and less account Motors Limited with regard to the apportioned as fellow« ?——. China Press Incorporated, and the dis- posal of such holdings was the outstand ing feature of the past year's working. The financial position is now consider ably improved, and I think we may safely look forward to I very good future. Whilst the loss on the sale of and that $28,000.08 be carried forward to the China Press shares proved to be only the 1993 account, and I shall be obliged $21,057.54 (which, I think, you will agresif some shareholder will kindly second. is very creditable in view of the fact that such proposal whereupoù questions as to

is investment cost the CampRby over the report and accounts may raised. $430,000), the loss resulting upon the Mr. N. V. A. Crorcher: I beg to disposal of the Company's interests in second that the report and accounts of the China Motors, Limited, amounted to the Company for the financial year end- HOW A TRIAD SOCIETY FIGHT $68.000. These losses having been anti-ing December 31st, 1022, as presented bo cipated, however, were amply provided adopted and that the sum of $729,406.09 ward the entire profit for that year less for at the end of 1921 by carrying for the interim dividend paid in June, 1081. The purchasers of the China Motors undertaking made an arrangement with us for payment by instalments, and that has, therefore, increased the amount of Sundry Debtors. Account

loss account be apportioned as proposed standing to the credit of the proft and

The adoption of the report, and ne counts was carried unanimously,

On the motion of Mr. A. W. Sura, seconded. by Mr. C. F. PRATT the appoint ment of Mr. J. Scott Harston, the Hon. Sir, Paul Chater, Mr. C. Montague Ede and Mr. A. R. Lowe to the Board of Directers was confirmed

The re-election of Messrs. G. H. and N. Thompson as Auditors for the ensu ng year was carried on the motion of Mr. T. A. BARRY, seconded by Mr. T. R.

This was all the business before

the

SMART WORK BY THE

POLICE AT SHAUKIWAN.

WAS AVERTED.

.

I lately decided to go abroad because I could see no prospect of reunification and national peace in China. And it seemed to me that I might servo the the Police Court on Saturday morning in the work of the Court of International

Some interesting facts came to light at interests of world peace by participating. when a case of unlawful possession of a Justice at The Hague, which is, perhaps, agger cams for hearing. The dagger the noblest expression of the idealism and has been improvised out of a file.

Taspoctor Earner, who has charge of moral aspirations of the age.

*

the case, said that on Friday at 7 pm. My visit to Canton, however, has information was received by the police opened to me a new vista. I find that Dr. that fight was to take place that even- ing between members of rival triad Sun Yat-sen, like, myself, does not believe societies at Shaukiwat. The Police made in the method of force as the aptest way arrangements to prevent the trouble and to resolve the doubts and contentions of fortunately nipped the affair in the bud the nation. He holds, and I hold with At 7.45 p.m. the same day a Chinese detective on duty at Tai On Street saw him, that if an united China is to be three men conversing at the roadside, achieved within the lifetime of He approached them and announced that generation, it can only be done through he was a detective whereupon they took

our

SALE OF THE RACE COURSE SITE, You will observe that the reserve of $150,000 for the Palace Hotel building has been transferred in Properties Reserve "Account, and that the sum of $121,448 has been transferred from reserve to wards writing off the cost of plans, etc.. PARSONS. of the new hotel which it was formerly! proposed to erect opposite the race meeting. course. It will interest you to know that the profit made on the sale of the race course site amounted to $147.08.30. Ta UNION CHURCH PASTORATE. to their heels The detective succeeded in and by agreement among the principal those of you who are acquainted with

The Rev. J. Kirk Maconachie made a possession the sharpened file was found indicated' to us by history and the Sages Shanghai and its reinarkable growth

statement at Union Church on Sunday Inspector Earner concluded by saying who counsel has helped to preserve during recent years it will not be a matter of surprise that this aite was, con- morning respecting his continuance in that the same evening a man returning sidered unsuitable for the erection of the the pastorate. He explained that his in-fto his home at No. 4, Tai Hing Street, China from the fate of the dead nations timation that ho could not formally had been fired at by an unknown man of the world. We have escaped historical hotel originally contemplated.

During the year we acquired from the pledge himself to a third fiveyear term but fortunately he was not hit.

The Magistrate ordered the defendant decay because we have in the past esta- blished ourselves on the principle of liquidator of the Shanghai Sanitary as minister had been dietated by een- Laundry Co., Ltd., the property and siderations of the Hongkong climate and to be sent to prison for six weeks...

reason.. Men's minds can be truly reach- plant of that Company at a very reason-of hentth, not only his own but of au-

ed-changed-only by reasoning and tho able price. At present we are not making other's whom in thirty years of life to

>count.

#4

THE

VANCHAI

I may mention that it was decided to wards the end of last year to discontinue the staff superannuation fund, as it un

CHURCH. fortunately did not adequately cover the requirements of our business, and all contributions were refunded to employés SUNDAY SCHOOL ANNIVERSARY

SERVICE: in December last. I desire to take this opportunity of expressing our apprecia tion of the services rendered by the staff, and I am quite sure that you will ap. prove of your Directors' recommendation to grant thems a bonus equal to 10 per cent of their salaries.

capturing one of the men and in his leaders of the country. That is the way

The

liberated

we of the entire plant, but we hare gether he had never yet been able to BASMA" CABARET CONCERT. Processes of agreement. It is not within the competence of mere forco to do that. under consideration the question of con- faduce to consider herself. He had been willing to fall in with any arrangement

"EA.S.M.A." Club held its

Purely material considerations rein tracting for outside business,

The item in the balance sheet" Loans that commended itself to the Church but

has increased by $90,000, they had been good enough to put the second cabaret concert at the City Hall force this belief in our traditional

on Saturday night on Mortgage

The affair was a method of settling disputes according to has have the property decision in his hands and asked him to great success, and from the point of view reason. China is too vast and populous against which

as might sermi known as Nos, 106 and 108, Bubbling Walk remain for such term

of accommodation was an improvement a country to be dominated by any single

This time He very willingly

to-day; and this must remain from the reasonably possible. Rond, which we took over

there were seats and tables for all. An peculiarly true as long as lack of effective -Chica Motors Limited, when that Com-accepted a renewal of their trust and on the last similar concert.

would gladly do his best to carry on the excellent programme of songs and recita- means of communications readers im- pany went into liquidation.

rapid Ample depreciation has been provided work, with their support, co-cperation tions, etc., occupied the first portion of practicable the

I movement of troops in the Accounts for the furniture, fixtures and continued prayers. He had no doubt the entertainment, and afterwards a move from one strategic point in the country and fittings of the Company's various that an arrangement would be reached by was made to the adjoining ball, St to the other. No military dictator or hotels, as you will notice by the debit of which he would continue in the pastorate George's, for dancing. At the conclusion despot can rule Chion as a whole whilg

is. without $8,474,80 to the Proft and Less Ac for three or four years, at any rate. of the first dance Mlle, Lucy de Sheimo the country is.

ithout great trunk roads and it is extremely gave a delightful exhibition of classical and railways; in uld be so ruled dancing

Refreshments were provided doubtful that WESLEYAN during the evening, and everything was even if this defect in communications The Revolution of 1911 remediod, done for the comfort of guests. The were

and. iclens

in has

forces whole affair, in fact, was a credit to the China which are beyond the control of Association which organized it,

At the conclusion of the concert Mr any dictator or autocrat. The imperi- Teesdale Mackintosh, on behalf of the nlism of Yuan Shih-kai and his downfall prove this. And where he failed, it in Association, thanked the artistes for their inconceivable that 61 (hüss could be The anniversary service of the Wesleyan attendance, and the audience for their realized by any one heir of the remnants Bunday School was held at the Wanchai patronage.

of his broken military system. * Wseleyan Church yesterday evening. The contributors to the programme

But I fear this view, will not be shared. The congmgation was larger than usual were: Mra S, Collette (song), Mrs. Bby the militarists who, in reality, rule and the scholars turned up in force. K. Duncan (songs), Mr. Crecker (songa); China. And the consequence may well be They were arranged on a platform in Me Thompson (songe), Mr. Burnett The strength of our balance sheet must front of the pulpit and sang a number (recitation), Mr. Cain (songs), Mr. T. G. he apparent to you, bat this is, only the of children's hymus very sweetly, reflect Patterson (songs), Corp) Olive (songs), result of the duo exercise of prudence, ing great credit on Mrs. Luck, Mr. G. H. and Mr. A. P. Glanville (songs). and our policy must be to consolidate Pleroy (Organist) and Mr. A. Kirk war position and although it is not 2(Sunday School Superintendent) who pleasing duty to have to announce that had charge of the anniversary arrange no dividendile to be declared, I have.namenta Individual items were also con hesitation in asking your approval of tributed by. Arthur White, Doreen Smith the apportionment of the profite for the and Audrey Steel, whilst the lesson was year sa recommended in the Directors raid by John Laing. The service was report, The Directors feel that the conducted by Capt. Hollands of the ss, policy of strengthening the Company's Empress of Australia, who delivered a Terves is fully justifiable and that the short address to the scholars.

The annual report of the working of the Company will hereafter reap great benefit therefrom. We have in Shanghai Sunday School was read by Mr. Kirk and very valuable assets, capable of great showed that, the numbers on the books development, and with the recent acquisi-had increased during the season from 38 tion of the MacBain Property-which is to just under 50, whilst the average abhortly to be opened as the Majestic Hotel attendarica had been good. The total in- covering a very large area and situated come for the school was 8105 and of this on the two main arteries of the city-we sum it is hoped to make a contribution are fortunately in a sufficiently strong to the church funds of something like

8100 position to meet all competition

THE COMPANY'S POLICY.

ORGAN RECITAL. Boy To

1 progressive disorganization in the machinery of government throughout the

count

in

try, reacting disastrously on the economie, life of China and involving nd a degree of complications with the Treaty Powers which may reach to the roote of our sovereignty and national independence.

The following is the programme of Mr.

That is the danger ahead which is seen Denman Fuller's concluding Recital to by Canton. And reasons fiet only of to dictate the new police which Dr. Sun be given at 6 p.a. in St. John's Cathedral Batesmanship but mere pradenes appear Yat-sen has publicly defined. He has set this (Mory) evening 2 kg valg

1.-Cho Song and Fagan,

bie mind on working out in Kangtang 8. 8. Wesley.

a model province, and, through deads and 2-The Garden of Iram,

R. 6. Stoughton, measures of good government, to make it Bontre of resistance to the forces of 3.--Prelude

Rheinberger disruption which are gathering under the 4-Barcarolle

Bennett present rule of the militarists. 5.-Allegro Appassionate,

6.Tocento 7-In Spring 8-Recezional

It is the duty of all. Chinese to resist, Arthur Barclay, in this work of national salvation.

Widor. R. Hinder.

WANG CHUNG-HUL Donman Fuller, Canton, A

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11

57

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