1924-07-02 — Page 3

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Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

SOLE AGENTS FOR HONGKONG AND SOUTH CHINA:

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Toi, Central 130.

2, Queen'. Bulidings

UNUSUAL OPPORTUNITY for A SHORT TIME ONLY

A Select Assortnient of

DRAWN. WORK

A 20%

AND

LACES

BELOW ACTUAL COST

AT

DO BE CHAIRFUL" COMPANY

51. Queen's Road Contral

THE HONGKONG DAILY PRESS, WEDNESDAY, JULY 280, 192

CAMMELL LAIRD & Co., LTD. Controlling THE LEEDS FORGE CO, NEWLAY WHEEL CO., Etc. Birkenhead, Sheffield. Nottingham, Birmingham, Leeds. Eonistono and London. PASSENGER, CARGO & WAR SHIPS. MARINE ENGINES & BOILERS CRANK SHAFTS, BOILER PLATES, SHAFTINO.

13. PEKING. ROAD. SHANGHAI

The CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Less Tyres

Less Oil

Winner 2 years canning 1920-21-21, Grand Prix for Liw Consumptio

Cars for Sale:

LEPACK CO., LTD.

50-62, Queen's Rd. C.

CIGARETTE MACHINERY

800 Cigarettes per Minute!

Our New

PLAIN OR TIPPED ON

Triumph-Model U.G." Cigarette Machine

The chosen pigeed ofthis machine, if a supreme simplicity auditelem cost of ustees, are due ja ilo revalutionary improvemente inits Coulen and construction—the ostrome DEA Yours of expertence in the mentcture of sigarette machinery,

Thumachine in on máispensable part of the equipment of any modern up-to-date factory, Old medal machigen are rapidly being replaced. The mesura di Jar BACETES dapenile ca ya...” nomt of production.

MACHINES

MACHINES

Write for All particular" today an

CIGARETTE PACKING" TOBACCO STEMMING CICARETTE AUTOMATIC MACHINES KNIFE GRINDERS UNITED CIGARETTE MACHINE CO., Ins, Lynchburg, Van U. S. A. Agents for ChL AMERICAN TRADING CO., Rakt. Dollar Elds. Shanebai

The New Route to EUROPE

ROM the Orient via the Admiral Oriental Line to Seattle or the Pacific Mail Steamship Company to San Francisco, to New York by rail- to Europe via the United States Lines Through reservations at special rates U. S. Lines Agents in Seattle and San Francisco meet all ships. UNITED STATES LINES ADMIRAL ORIENTAL LINE A. Ima Vaux Kamik Jurgatit te PACIFIC MAIL STEAMSHIP COMPANY

Agents

Queen's "Baliling. Hareke ng. Agencies in Principal Cities

Managing Operators for U. S. SHIPPING BOARD

HONGKONG SMALL INVESTORS.

WE BUY

Small Lots

May: Local

Share; offer..

us your Larger

Lots diso

WE SELL

TEL. 4630-

APPROX. YIELD

73% per annum.,

Wataona

Cementa Bangkong Hotels

Wharves

Bank of East Asia.

and Various Other Lots.

HOUSES and Esteral BUILDING LOTS for Disposal, HOUSES and FLATS

Hequired and for Reat

ASIATIC BUILDING (A:P.C. Blāg)

-BOLSHEVIKS AND TRADE,

TELI. TALE ADMISSIONS.

The following are the replies to a ques- tionnaire submitted to M. Krassin, the Soviet Comissar for Foreign Trade, Renter's correspondent at Moscow rently.

:

FOOOHOW TEA MARKET.

The new season teas, arrivit is Fund chow from the inter or a little ter than fast year. The "Paklum" (augua market was opened on June 7th la Jardine, Matheson & Co., Ltd., at Tls, 43 per picul byinst Tis. 30 last year. The supply of first crop of this grade of tea is only reson half-chests against approximately 3000 halt-chests last year. The bulk of first crop Pangong Congou and Souchong, about 20,000 half chests for both, has alan arrived, but the opening of the market for these tens has been deliyed owing to, high prices. The liquor and tent, of all" grades of tens this year is considered to

f.-To "what extent "does the Soviet Government welcome the foreign and particularly the British capitalist {"

The attracting of purely nancial capital is desirable on conditions of com mon bank credit as well as on the credit of goods stocked in the interior of the country or in harbors. The partaking of foreign capital is atnissable only in the form of mixei companies or the firnish ing of Soviet traile organisations with foreign goods ou more or less long erelit taruis. The attracting of British rapital is of particular interest for the Soviet Government, in view of the uncial power of Great Britain and the import- Cine of London as a mancy market, as well as of this, high standard of British machinery productions and other bran ches of industry..

|

fair. Prews are expected to be higher vaunt of excessive liki tuxes in the interior and the excellent demand.

The Foochow teatrale has not heard fron Russia for several years, tart now Dodwell & Co. Ltd., Foodchuw, tres said to have revived an order for about 2000

chests, Flowery Peko: The demand is in excess of the total supplies expected this season. The temen are asking is.

per picut for the fine grade of this tea against Ts. 150 to Tls. 170 last year.

TO LET.

DREMISES dh the GROUND PLOR 2-Has there not been a reaction in

of ALEXANDRA BUILDINGS. Soviet Russia against private capital in | Custin Boah, at present scrupisi by The general: as witness the frequent attacks eBINESE MERCHANTS BANK, LTD. | in the Press against the private capita-eenpation 1st JULY Next.

list, and those doing business under the NEP (New Economie Policy), and the recent very severe sentence in the textile frust ense and is there ang guarantee that the rejudice existing against the native private trader wouki not extend to the forvige, capitalist ?

The difficulty which foreigners have in understanding the actual internal situa- tine in Russia, depends on their inclina- Eton to consider the NEP, ns A ros: taration of capitalism. In reality it is not so The existing order in Soviet Russia is State capitalism. e.. a tran. Sient forta from private capitalistic conomy to Socialism. The activity of private capital is admitted in so far as Fit des not contradict State planned economy As soon as a given branch of can be served "successfully" "by the State or by to-operative apparatus, the Government cartails the admission of private capital And sometimes cuts it aut eumpletely. Of course, if the foreign capitalist has obtained by special agree ment a certain privilege froin the Soviet Government the latter either grants a continuance of the right or enters into a free agreement with such capitalist in order that the necessary change in his. agreement may be made.

economy

3.- it a fact that Soviet Russia looks on the foreign capitalist only as a res sury evil, to be got rid of as soon as the immediate need of him has ceased?

We Communists and Bolsheviks do at snsider the capitalist ordét an the prin cipal evil in contemporary human society and as the reason for the poverty, iguor ance, and eppression of the amasses of the people, and for periodical wars hut until the Western working masses change the capitalist system for the Soviet cae. we do consider it necessary, in the in- terests of Russia's economien develop- ment, as well as of the reconstruction. of the world's reonomy and trade, to stablish economie relations between Russia and the rest of the world."

4. Is it n fact that certain firms which had started or restarted babiness in Soviet Russia base had to close down owing to undue taxation or to being faced, as with an ultimatum, with the signing of contracts, which no business firm could sigu?

It is true that many, drms willing to conclude agreements with the Soviet Government could not do so because they could not find a means of agree. ment. Such cases are easy to End in every considerable and difficult commer- cial deal. But as regards the extent of taxation, every foreign firm is fully able to fix the extent of its taxation beforg signing an agreement. I know of no cou siderable refusal to work in Russia on account of the disadvantage of an agree- ment.-Heater's Special Service

CURRENCY IN POKIEN

PROVINCE

Currency in Fukien is very complicat- ed, says the Chinese Economte Bulletin. In Fuochow, the capital, the big dollar basis is adopted by foreign hongs and banks. Buying and selling between Chinese busi- ness me in generally carried on with bank-notes called Huang Piu or Tai Fook, This notes issued by the local banks, costs 1,000 cash, equal to $9139 of a Ko-called check-dollar (which is equal to Tarl 7410). This Huang Più note is very peculiar in, appearance. A newcomer would know it was a bank-uote unless he were told so. It a rectangular piece of Chinese paper printed with the name of the bank by which it is issued, chopped and written with the amount of money intended. It is easy to copy and therefore it is hard to distinguish be tween. A counterfeit and a genuine note. While is the most popular "eus- rency in the capital, its circulation, a limited to Foochow City and Nantai. About ten miles away is unexchange. able. The lower classes and country people, dent in times mostly. Dimes for Fo-called seall coins) have lately drop- Ted considerably in their face value; by about par eënt. Dimes are the most popular currency in the interior of the province, although silver dollars and notes issued by the Bank of China and The American Oriental Banking Corpora tion are also accepted:

THE REW.PRENOSE REMEDY,

THERAPION NË. THERAPION No.2 THERAPION NO.3

Xeni fer Bladder CHEAPY SERIES Bised a Bikin Diversas. KasteChenILA DE ARKA ALGUM

* BEZEKAN JY, NEW YORK CITY,

MOLDET LEAVING KREMNITAT Landin

輯

8-2)

Apply-

SECRETARY.

A. S. WATSON & CHL, LTD.

TO LET AT WEIHAIWEI.

4

MOMFORTABLY Farmishel ROOMS with

Board. To Let at present.

Apply→

J. NIVEN,

WEHAIWE.

DON'T MORTGAGE FOR FUTURE.

ון..

If you suffer from any Eye Strain attend to your Eyes at once. Don't store up-tronble. for future years.

CHINESE OPTICAL CO.

REFRACTING OPTICIANS.

67. "QUEEN'S ROAD C.

PREPAID "WANTED"

ADVERTISEMENTS

Letters are lying at this Oce for BOICH-YI.

TO LET Three Rooms FLAT with Flash-

ing System at No. 9. JuDAN ROAD, Koos. Apply-KOON TAI & CO., 24, De Vivax Road Central Phonu (7, 417,

Ar

M. Y. SAN & CO., LTD.

MANUFACTURERS

PRESERVES CHOJEZ SELECTED GEST YOUNG SITH GINGER THES SPOL UP WITH CARS MY SAN & CA 173 MASE IN HONG KON

OF

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M.Y.SAN

{MAJE

HONG-

M.Y.SAN&CL THIETKENG

HEAD OFFICE Nos 9 to 100 Queen's Road Central FACTORY: Canton Road, Kowloon.

BRANCHES AT: Manila, Singapore, Shanghai, Canton, China.

WHAT IS AN ARIDOR?

THE MOST EFFECTIVE

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LEADING TOBAGCONISTS, OPPOSITE QUEEN'S THEATRE

PERFUMERY

Manufactured by RIGADD, PARIS:

"JEE

* EMBALSAMADO '

"MARY GARDEN

**HORA CARINOSAL"

"DULCE MIA".

LILAS RIGAUD"

Obtainable from

VICENTE ATIENZA,-

IS, NATHAN RD., KOWLOON.

TELE 155. M

The Day of the Knight is Here!

IT IS THE

WILLYS KNIGHT

Simplest and most trouble-free type of motor ever invented,

It has the most distinctive and gracefully balanced body of any car-

in the market.

1The Willys-Knight car is the four cylinder motored car that makes the siz

kmecessary.

The Knight motor is steam principle. The valves are two cylindrical sleeves with rectangular sista or porta which when they register with each other anil the portà in the block allow, the ingress and egress of the gases without obstruction. These wide open passages, particularly on the exhaust side, permit a more thorough cleaning of the barat gases from the combustion chamber than any other type of motor, so that every ounce of energy available utilized from the explosive mixture, which gives us such tremendous power

2-It has no yalve to grind and no carbon to clean.

The combustion chamber is completely surrounded by water and an alloy pistes noted for its gross ben. radiating qualities ia uned so neither the combustion chamber nor the head of the piston gets hot cough to bake the residine from the exposed gases to form carbon while there is still enough best maintained to handle the explosive mixture effectively.

-It is the only type of motor that improves with use.

While carbon can not form in the combustion chamber, still a certain amount of the residue from the burn gases works up behind the wide sealing ring in the cylinder head and, as this building in process obtain, it keepi pushing this maling ring more tightly against the inner sleeve until it completely seals the compression chamber developing more power with every mile the motor is drawn.

-It is the only type of motor that wears in while other wears out

··

All parts in the Willys-Knight car are assembled with wide clearance between each other and oil is forced into these clearances under heavy pressure so that the entire assembly.ia lapping or wearing in on these heavy filing of oil instead of wearing out. In other words, every bearing in this motor is an oil bearing instead of a metal to metal bearing wcich is necessary in the construction of a poppet valve motor in order to keep it quiet, with unbrequent quick wear and noise.

It has eliminated one hundred and sixty two quick wearing yaris necessary in the operation of a cylinderel poppet valve motor. There are no hammering parts such as cama striking against push rods, push rode against Talve stemus; or valve heads mapping back into their seats through the medium of heary springs, ste,

THE MERCURY MOTOR CAR CO,

Sole Distributors.

$1, Des Voeux Road Central

Telephone No. 977

Head Office: 1st floor, Telephone 1340.