1927-06-23 — Page 3

ANCHOR BRAND PURE MANILA ROPE.

THE CORDAGE YOU

MARINE ROPE

TRANSMISSION

OF

POWER ROPE

UABLE LAID

HAWBERS

WELL

DRILLING

UABLES

CAN TRUST."

THE HONG KONG DAILY PRESS, THURSDAY, JUNE 23rd, 1927.

PLIGHT OF BRITISH

FARMERS.

THOUSANDS OF CAPITAL -LOST.

ESTABLISHED 1854

BOPES OF ALL

SIZES FOR ALL

PURPOSES

SIX YEARS OF SLUMP,

YNCHAUST

ROPE

FACTORY

MANILA

MADE FROM

PURE MANILA

HEMP

-MANUFACTUR«

ED BY THE

MOST MODERN

MACHINERY!

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED.

FACTORIES-MANILA P.I HONG KONG OFFICE:

KING'S BUILDING. TELEPHONE: CENTRAL 3165,

TA R.B.]

Do Not Miss the Opportunity to See

ISAKO'S EUROPEAN CIRCUS

LOCATION

NEW RECLAMATION GROUND

PRAYA EAST, WANCHAI

TO-NIGHT!

TO-NIGHT!

at 9.15 p.m.

COMPLETE CHANGE

OF PROGRAMME

New Horses, New Clowns, New Dances, New Equilibrists, New Acrobats.

COME AND

SEE

GREAT FLYING ACT

SPECIAL MATINEE:

EVERY

Wednesday, Saturday and Sunday,

at 4 p.m.

CHILDREN HALF PRICE TO ALL SEATS

BOOKING AT ANDERSON'S.

SOUTH

MANCHURIA RAILWAY

SUMMER HOLIDAY

RESORTS

IN

SOUTH MANCHURIA

HOSHIGAURA-Finest Seaalde Summer Holiday Resort in North Chins Five miles from Dairen, bat connected with the city by spsual motor and var- rings rond and electris Iramway, Yamato Hotel (85 rooms) and 19 furnished bangalows in charming cliff garden, "Bathing, Boating, Fishing, Golf, Tennis, Hillards, Orchestra twice a week. Capital place for ohildren. OGONDAI.—Most beautiful and select. Sosalde Besort in the Far East. Two miles from Pari Arthur. Formerly the Summer Berort of the high Russian culcers and officials, Yamato Estel and 10 villas and bangalows, mostly with detached servants quarters. Excellent Bathing, Wonderful Scenery, Historic Battleflake Drives Red and Diamantled Forte, Miller of sharming Walks and for high-class airing Fadlities. Orsheries twice a week. Bost place PORT ARTHUR, Famous for its two memorable Bleger and Ite bouwtižul Iandlooked Harbour. Exactly one hour's journey from Dairen by express train.

Yamato Hotel (10 rooms). Sufident place of historioal and soɛmio Interors to fill a month with fresh walk or drive every day. Most healthy and mainbrious upes in the Far Ear

All under the direst management of the BOUTH MANCHURIA RAILWAY CO Illustrated Booklets and all Information port free on request.

Applications may be sent to the Hotel Managers at the various resorts or to

THE SUPERINTENDENT OF HOTELS, Tralia Departmen. Cable Add.: Marynene or Sunoo. SOUTH MANCHURIA BAILWAY. Dairen **** (52801 A.B.0, 5th & 6th Bà, &1, Ldaber's and. Bortley'n.

BRISTOL.

WOMAN'S AVIATION

RECORD.

16,000 FEET ALTITUDE IN LIGHT AEROPLANE.

MRS. ELLIOTT-LYNN'S FEAT.

Mrs. Eliott-Lynn, with the Hon: Lady Bailey se passenger, set up The story of their losses told me fun international record in the new to-day by a large body of the class for light aeroplanes at Ham- farmers of Gloucestershire, repre- ble. Hampshire, when they reneked senting every type of agriculturist, an altitude of 16,000ft. They act has added impressively to the bulk off in pi Avro Avian after having of evidence of an acute crisis on flown to Hamble from Stag Lane the land, says a Daily Mail cor- Lady Railey's own machine. The flight on the Avian took longer respondent.

than was expected, and officials of the Hampshire Aeroplane Club, who acted on behalf of the Royal Aero Club, began to get a little bit worried when the machine did not reappear after two hours. How ever, a perfect landing was made by the machine after a flight which lasted 2hrs. 33nina. sees

Every man who had his cortif- ed accounts readily available placed them in my hands. Not one has paid income tax for several years. On the contrary, a fow have just re- erived cheques for rebates on in- come from investments owing to these farming losses

The position is deplorable. The decline began in this shire, as evory- where else, after the repeal of the Corn Production Act. This was the first fact emphasised by Mr. W. F Beckett, county chairman of the National Farmers' Union. Ho

quid:

The accounts of my own farm of about 250 nerea show a loss in every year since 1921. There are in Gloucestershire plenty of farmers whose head of livestock has increased in number and yet is of much less value owing to depreciation,

|

24

Mrs. Eliott-Lynn's Modesty.

It was really nothing to make Lynn to a Press representative at a fuss about," said Mrs. Eliott her home in London last evening.

"It my effort is appreciated, hope it will go to popularising, the that the cost of these small 'planes light aeroplane. I am convinced will be within the means of the or- dinary light car owner very soon. I like flying at high altitudes, be

have a greater space to cause should engine trouble develop come down in, not that there was, any likelihood of that.

The plight of our numerous sinal holders appears to be hope

My Avro-Avian was lent me by less. Many of these men are Mr. A. V. Boe, and behaved spicu working 10 to 18 hours a day didly. I am so in love with it that They are overworked and break1 have given an order to have one ing down under the strain. Yet of my own. I had a Mark II, they cannot make headway.. There is a fairly large number of the The altograph which Lady Bailey the aeroplane. Cirrus engine in who have lost every penny they carried registered 10,000 feet, but owned and a big proportion are, I think when it is corrected, that ex-Service men.

is to say, when temperature and pressure have been allowed for, it will be found that I reached an altitude of 17,000 feet.

Leaving The Land,

GOLF.

ANOTHER U.S. CHAMPION.

SHIP.

[REUTER'S AMERICAN BERVICE.]

SHAWNEE ON Delaware,

June 22nd. Johnoy Farroll, professional · of the Manroneck Club, has won the Shawnee Open Golf Tournament with a score of 279.

Tommy Armour is well down the list with 312.-

CANADIAN TOURNAMENT.

THROUGH REUTER'S AGENCY-]

MONTREAL, June 22nd. Tournment of 72 boles, half of The Canadian Golf, Association's which are to be played a-Toronto on Saturday, ended here on Tues.. day.

Arthur Havers, of the British International Ten, took 296: Dave Black (Vancouver) 297; Andrew

Charles Whitcombe 30; Ted Ray Kay (Toronto) 209.

Other British Internationalists, and George Gadd 302.

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS,

JUNE 22x0, 1927. A.K. Bank

$1,065/70 ea. Do London...2117 nom. Mercantile Bauk, A. B...230 nom, Chartered"

Back20. nom.

...£13 num

$58 uom. $420 vel,

P. & O. Bank.

Do..

East Asia Bank...... Canton Insurance....... North China Ins. China Underwriters......

1.8J nom.

Tle. 148 buy.

Yangteze Insurance...M. $40 nom. Union Insarico... 28) nom.

China Fire Imarance....3210 buy. Hong Kong Fire Ins......3600 nom. Douglases

$314 buy. Steamboate

..$221 sol.

1.10 nom.

30 nom. 300 sel. .98/ nom,

$5% nom. $15.80 buy.

$18 val.

31 no.

To my mind the most serious questionis, that of the young men. The farmers' sons are leav With the type of light 'plane I Hong Kong Tags ing the land, and we are unable was piloting it will bo possible to Indo-Chinsa (Frei.)

Do, (ue) to give employment to the aons do non-stop journeys of 1,500 miles

Shell Transports of the labourers because we can-imagine what a boon that would

Star Ferries not afford to pay the rate of prove to a business man. He would

Waterboats....... wages defined by the Wages Come able to travel to the farthest mission for inds who are learn points of Europe in a few hours China Sugars....

Malabon

Bugars ing their jobs. Therefore there is

Mrs. Eliott-Lynn is probably the

Bengunta

$1.70 bay. no reserve of labour in training leading woman aviator in England.

Kailan Mining Ad...... .40%. bay. The state of the farmers' affairs Towards the end of last year the Langkats (combined)...... Tla, 20f zom, is extremely bad, and this branch threatened to give-up flying as

Do. (single) Tls, D 11010. of the Farmers Union is getting protest against what she termed 'ha. 1 Explorations TE 3 nom complaints constantly. Only the jealous and malicious treut Shanghai Loans ...... fortnight ago we advised one man cials and men pilots," but she inter Tronoh Mines

ment of women pilots by club offi- Babe to file his petition in bankruptey took up a position as instructress Ural Caspiana The Government is always saying that it has helped us by promet at a Brooklands flying school. She HK & K. Wharfa 106 buy., 1081 sa. ing scientific and mechanical relicence, which permits pilots Hongkewa. Tie, 142 buy.

H.K. & W. Docks.........38 nom.

to take advantage of it owing to which until then had been forbid K. Hotels

to

The 53 20m carry passengers for money, and aw Engineeringa.

Shanghai Dooks... Tla, 107 bay. den to women by a rule of the LH.K. Lands $55 buy. 55 101. & sa

$6.90 sel.

search, but we are totally unable

lack of money,

was the first woman to obtain

In the area of my investigations ternational Convention. -to-day lies one great pedigree-stock- farm of world-wide fame. It is

..

that of the late Mr. R. W. Hobbs to a buyer at £60 inore. "Te-day," of Kelmscott, Lechlade, on the he said, I have lost all that Gloucestershire Oxfordshire border, capital and have a bank overdraft. His son, Mr. C. E. J. Hobbs, had Mine is a case of hard cash lost

irretrievably,"

a statement specially prepared for chartered accountant

ne by a

-Bo I could go on with this tale which reveals an appalling story of of losses on all sizes and classes of losses. Since the war the farm has Gloucestershire farms, but space covered 2,500 acres. From 1873 to forbids, September 1926 it was carried on

by the late Mr. Hobbs and after- wards by his sons as & mixed farin, including pedigree dairy Shorthorns, Oxford Down sheep, and Shiro horses. Mr. Hobbs seal, died in 1920. At that tire values were at their highest and death duties on an exceptionally high scale had to be paid.

Then came the period of slump in markets which, in the end, re- sulted in the capital becoming EO restricted that the business, which had been turned into a limited liability company, went into volun- tury liquidation. In the year ended September 30th, 1921, the valuation was nearly £80,000 and the net loss £17,056. The total loss in that and the four following years, bis statement shows, was £40,174

The valuation in the last of this series of years had shrunk to a little more than £86,000, a decrease of over £2500. Sales in 1921 amounted to $44,000, while in. 1925 they were just over £23,000.

Mr. Hobbs told me that, apart from the heavy depreciation, the cenditions under which the farm is now carrying on practically pre- elude profit making. The costs of production are 100 per centz in advance of pre-war figures, and the prices obtained are less than 50 per cent. more than those figures.

Heavy Wages Bul.

Уда

The labour bill in 1913 1,677, in 1926 it was £10,502. The laad occupied in 1925 was about 25 per cent. in excess of that occupied, in 1913 whereas the labour costs had increased by nearly 130 per cent.

Mr. M. S. Penny, of Newent,

is

example of those whose losses, have Lean caused by depreciation. There are very many of them in Glóuers- tershire. Mr, Penny is chiefly milk producer, He went into his farm when values were high in 1920, following the boom year of the war.. In his first year he lost about £1,000. He has been farming since on a steadily depreciating capital, and has dropped something like £3,000,

Farms Not Wanted,

A Cotswold farmer informed ane that nine years ago he could have bought his farm of 211 acres. He bid up to £4,300 and was runner up (Continued on next Column).

FARMERS'

STORIES.

Fighting To Keep Out Of

Bankruptcy Court," Writing from Kidderminster, on the borders of

a farm Bear

Worcestershire and Staffordshire, a. farmer's daughter tells this story.

Hong Kong Realtye... H.K. Territorials

phreys Kotatas. Rural Lands

Building Bo Cottons. Orientals

BUILA

$4 no. .19/9 com. 1.8- nom.

sel.& sa

nom

K

$13 sel BOL $89 DOM.

1. 7.35 ze!. Tls. 2.10 nom. Shanghai Cottons (old)...Tls, 52

buy. Do. China Buses.

(www......Tla. 26-buy,

Tls. 7 buy. E.K. Tramwaya.....$401 Peak Trams (old)

10 bay, 20.90sel..

$15 eel. Do. (new)... .38 501. Singapore Tractions......10/0 bay.

$1 nom.

$201 nom.

Amusements Canton Icos Cementa. (combined)......37.35 nom, Do. (old)....$6,60 nom. Do. (new) ..$1 sel

China Lights (comb.).....$14.20 sel.

$52 buy. 95 buy.

$10 nom.

nom. gel. 819 nöm. Sit nom. .820.nem. -- འ་་བ $11 buy.

♫ num.

Do. (old). ......$101 nom. Do. (new)...... nam I am one of a family in grent China Providente.......

#bay. disappointment and distress, for Constructions .... $2.30 nom. we are in bankruptcy. The credi Dairy Farme

$15.sei. Der A Wings ...... tors' meeting was only this week.

$6 nom, Father took the farm in March .K. Electrics..... 1917. He is now 66 years of age Macao Electrice and has three daughters.

H.K. Hopes old) We have toiled at every con-

Do (LGW) ceivable part of farming, from Lane Crawfords.. Mackintosha...... inside the house to every job to be done on the land and tending

Sinceros..... animals in sickness and beaith, winging prizes for butter-making, grain and roots, and poultry dressing. We were taught to bake. We have denied ourselves all luxuries in the shape of food, clothing and pleasures. Holidays have been out of the question, and even one of my sisters has sacrificed money left to her to try and carry on. But as a ship in distress, all the lifelines have On been sent out and down we have gone.

Foreign Competition.

United Asbestos..... Watsons (cid) Win. Powells, Telephones.......$3.70 nom. buy, buyers; sel-sellers; sales

EXCHANGE,

CLOSING QUOTATIONS,

June 22nd, 1927, London. Telographio Transfer

4/11

Bank Bills, on demand ...1/11 15/16 Bank

Bills, at 30 days'night" Bank Bills, at 4 months'

right

Credits, at 4 months' aight 2/0 15/16

12/04 Documentary Bills,

months right

4

2/11/16

1,235 3,310

48

60

When we have our rate-papers they must be paid by a certain day or proceedings will be taken, So with income tax (if we have any); the same with our rent. On P Yet when we try to make our Bank Bills, on demand crops pay to find the necessary Credits, 4 months' night ... money we have to accept that | On Nay York,4 which we are offered. We find the rodita, at 60 days' sight...

Bank Bills,

demand foreigner has flooded our mar- kets and we cannot sell.

OR BOMBAY

Telegraphic Transfer We are heartbroken with dis-

Bank Bills, appointment and loss, and any-

, on demand...). 183). one will tell you in the district ON CALCUTTA

Telegraphic Transfer that this is the truth.

Beak Bills, on demand.... Already families, we know have. On SHANGHAL- had to sell up and have gone to Bank the Dominions from just around

Bille,

at night days sight nom. Private, 30 bare, all hardworking people. We On YOKOHAMA On demand... 102 would liked to have enjoyed the O MANILA On demand harvest of our labours instead of OR SINGAPORE.--On demand... 88 ending as it is now doing, in a Ox BATAVIA,On demand. 120 bankruptcy court,

ON HAIRLONG.Onderd...

UX

1331

971

2019.

I still hope your appeal to the On Batson-On demand pation will have effect, though it Or Bassxox-On demand. will not come in time enough to Boraxuión, Bank's Buying rats: $9.70 save us as we ahall be sold up in | Gosp Emar, 100 fing, per task... - a fortnight's time.

* 4 Dan Bilvas, par of

30

QUEEN'S

HELD by the LAW

WORLD

OF

HERITAGE THE DESERT

STAR

PRISONERS THE STORM

A physician writes

in the Medical Press and Circular":

"Sanatogen has am immediate and res "markable effect shown by a steady. increase of strength and energy,"

Hullo!

What's the trouble-Nerves?

Dame Sarah Grand, Mayoress, of Bath. writes:

"Nothing ever dou me is much good when I om run-down as Sanatogen. It has 'set me up and kept me up again and again

And Mies. Olga Nethersole, founder

of the People's League of Health, writes: "It is with great pleasure that I wa commend Saratogen, having greatly bene fited by its effect."

"Now really, is there anything to cry "about?"

"Oh, I feel so unhappy."

"Yes, so I see. But, crying without

any real cause can only mean one thing: Nerves. You should try Sanatogen for a few weeks. It will brace you up wonderfully and once your nerves and blood are right you will feel yourself again-more disposed to laugh than to cry. And it will give you new appetite too, and bring colour to your cheeks.. It has done that very thing for me."

Sanatogen infuses into the cells of blood and nerves exactly those elements -phosphorus and albumin-from whith bodily health and nerve strength are derived. Over 24,000 physicians have written enthusiastic letters about the success they obtained with Sanatogen.

SANATOGEN

The True Tonic-Food

When you feel nervous or run-down, take Sanatogen for a few weeks and feel the difference in your own health.

·Obtainable at all chemists and stores.

THE HOME SECRETARY:"

AN APPRECIATION.

A big-minded, large-hearted man, about when there are uo little meaningsses. Such is Sir William Joynson-Hicks, M.P., Secretary of State for Home Affairs.

SHANGHAI DIVIDEND.

DOCK AND ENGINEERING

COMPANY.

Messrs. Carroll Bros are in receipt of a telegram from their Shanghai, Agents advising that the Shanghai Dock and Engineering Co., Ltd., have declared a dividend of Tla. 8.75 for the year.

if

Country First,

For all his pugnacity—a political asset of no little value he has never do any real enemies in when occasion demands. He is one public life. This is because he is of the best of speakers; his sen. a man whose motives are trans-, tences are clear cut; his argumenta parently sincere and honest; one carefully marshailed and presented who, believing that a. thing is rights with lawyer-like

precision. Rarely, fearlessly champions it. always plays the game" and caught napping by opponents. Ho cvor, ia he bowled out". or. though be hits hard, sees to it that is always sure of his facts, his blows land high, hence the respect in which he is held in the Commons.

A 100 per cent. Briton is. the Home Secretary. His fellow-coun- Almost Quaker-like in his views trymen can advocate Communism, if on matters of religion and tem it pleases them to do so there perance, his character is one of un borg no law to say them may--but qual, simplicity, yet he is strong, from the moment he assumed his in his opinions and emphatic in present office he was determined to expression of them. At times the grant no foreigner the privilege of manner of expression may seem to doing so, or of stirring up strife. be impulsive, but it is never petu- in the industrial world. With him lant. The House always listens it is not only a qucation of grap- with interest to the Home Secre- pling with the intriguers from tary; it is only rarely that op abroad; it is also a matter of pre- ponents venture to Gross awords venting the out-of-work foreigner with him..

coming here to oust a British

At the table of the House he worker from his job. He stands by Tall our own unemployed before shed- makes an imposing figure. and well groomed, arrayed in the ding tears over the plight of the orthodox Parliamentary garb of alien. In cases of doubt," he re- the now almost obsoleto frockcoat, orntly told the House of Commons, he stands foursquare to the Opposi "this country must come first, tion benches, and fearlessly hits out and there was no mistaking the

(Continued on next column)," tone in which he said it.