1927-08-20 — Page 2

Page

A Life Preserver

The Birkenhead Milk Stout

Invigorating and Stimulating

An ideal Beverage for Rheumatic Invalids. Each pint contains the energising Carbo-Hydrates

of 10 ozs. Pure Dairy Milk

Milk Stout

SOLE AGENTS :

GANDE, PRICE & CO., LTD.,

ST. GEORGE'S BUILDING. ICE HOUSE STREET.

Tel. Central No. 135.

Hong Kong.

(133

GREEN ISLAND CEMENT CO. LTD.

Best Portland Cement.

SHEWAN, TOMES & CO.

GENERAL MANAGERS.

HONGKONG.

SHIPBUILDERS.

SHIP REPAIRERS,

BOILER MAKERS, FORGE MASTERS, ÖXY-ACETYLENE AND

ELECTRIC WELDERS,

MECHANICAL AND ELECTRICAL. ENGINEERS.

-DRY DOCKS,

Length 787 Feet.

OF HONGKONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY

Length on Blocks 75). Fast.

Depth on Centre of

SII (HW.O.S.T.) S4 ft. 8 ins

-THREE SLIPWAYS,

Capable of Handling Ships Up o

8,000 Tons Displacement

#

Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radios

BUTTERFIELD & SWIRE, Agents,

HONGKONG, CHINA & JAPAN.'-

TIL. ADDRESS: "TATKOODOCE, HONGKONG." TELEPHONE No. 212.

CALL FLAD: "C" OVER "AMS, PENNANT.”

“HAZELINE

SNOW"

Ladies find it the ideal nön-. greasy toilet preparation. Men use it after shaving because it soothes and cools the skin.

+

(TRADE.,MARK)

**** HAZELINE' ROSE FROST"

for those who need a touch of colour.

Both la gisan patu

--All Chemists-and-StoresTM

BURROUGHS WELLCOME & CO. {PRONKIKTOV THE Wellcome FounGATION LTD.

London. Ex.)

· LONDON AND SHANGHAI

"All Rights Reserved

(01

THE HONG KONG DAILY PRESS, SATURDAY, AUGUST 20th, 1927.

NANKING GOVERNMENT AND THE SURTAXES.

OPPOSITION BY CONSULAR BODY AND MUNICIPAL COUNCIL DENIED.

NOT TO BE COLLECTED IN THE SETTLEMENT.

Sanoнa, August 13th,

A dat denial to the report circu- lated in Shanghai to the effect that joint action between the Shanghai Municipal Council and the Consular "Body would be taken to oppose the collection of at least four of the surtaxes was made on Friday after- noon last by the British Consul Gederal, Sir Sidney Barton to a représentative of the Shanghai Times,

The British, Consul-General vigor ously denied the truth of the report or that a decision had been reached between the British and Japanese Governments with respect to the proposed new taxes" or that joint action was contemplated, as an- nounced in commercial circles the previous evening.

The British Consul-General denied emphatically that any agreement had been reached and declared that telegrams were still flashing be tween capitals and correspondenes on the subject still being exchang; ed. Where the reports emanated from he said he was at a loss to understand, but ́sasured the Shang- hi Times representative that they were "absolutely incorrect."

bringing a huge cargo of wines and spirits co Shanghai under consign- ment to local merchants but one of the leading local wine and spirit merchant stated yesterday that there was very little liquor aboard the vessel.

At a meeting of the leading wine and spirit merchants held yesterday morning at which representatives of twenty different firms were, present the position created by the new tax was discussed thoroughly and it was decided that direct repre- sentations be made to the various, Consuls of the merchants for assist- anec in the matter and that the Consular Body be also approached. There is every possibility that mer- chants who have shipments of wine and spirits on the water at the pre- sent time will make an effort to clear their goods without payment of the illegal taxes, and measures similar to those adopted by the Messageries Maritimes in clearing. the as Paul Lecat may be adopt- ed.

HONG KONG WOMEN'S GUILD

AND

MINISTERING CHILDREN S LEAGUE.

"Fun o

The Fair"

WILL BE HELD AT

LEE GARDENS,

on SATURDAY, OCTOBER 1st.

To be opened by LADY CLEMENTI M.B.E., and under the distinguished patrongae of

HIS EXCELLENCY SIR CECIL CLEMENTI, K.C.M.G.

Chamber's Statement. The following statement has been made by the Shanghai General Chamber of Commerce regarding the proposed increased taxes:

"There seems to be a fairly universal desire to know what is going on in the Shanghai General Chamber of Commerce as regards the new import taxes as well as the increased tonnage dues and produc tion tax.

This will mean that merchants wishing to clear their cargo will tender payment of the ligitimate From other official sources it was dues to the Bank of China, and it Flearned that the Shanghai Muni-a receipt is not given for presenta cipal Council has not made a protest tion to the Customs authorities or against the taxes imposed by the the money is not accepted steps will Nanking Government. An official of be taken to safeguard the interests the Council informed a representa of the merchants and the Customs tive of the Shanghai Tames that he authorities will be held responsible knew nothing of the statement to for losses or damage.

The Chamber has been active that effect In addition, it was

in this matter not only through the Cargoes On Way. learned that there will be no joint

official chaunel of the Consular action in the matter of the taxes

The greatest difficulties which the Body by protest and interview and between the Council and the Con-merchants have to face is the fact through them with their respective aular Body.

that most of the cargoes of wine Ministers, but also directly with the It was established, however, that spirits which on their way to Customs and Chinese Qficials and Shanghai have been contracted for through the National Chambers the Consular Body will not permit at a certain figure exclusive of the of Commerce with whom they co the taxes imposed by the Nation new taxes and that huge losses will operate.

list Government to be collected in he experienced if the illegal sur-The attitude" of the Chamber the International Settlement. "This taxes are imposed. decision is not a new one, however, ments are.

Big consign respecting the contemplated taxes their way from if they are enforced on September but constitutes the regular proce- different countries and would have 1st is that apart from their dure of the Consular Body in such arrived in Shanghai before the in- illegality and contravention of all grease surtaxes came into force. arrangements with Treaty nationals Now that the 30 per cent. Stamp they will have disastrous results Duty has been imposed a serious and eventually react most seriously position has been created

on those who have imposed them.

mettera,

Cannot Collect.

According to the official of the Council spoken to yesterday, the Commissioner for Foreign Affairs is well aware that taxes cannot 6 collected in the Settlement and

on

That absolute agreement between. the British and Japanese Govern ments upon, the question of the

Taxes Earmarked.

ROLANDE SARRAULT.

NOTIFICATION.

The Business hitherto cazzieq, on under the abars Name will, from This Date, be continued under an tiroly New Management, and...nt the Same Address, under the Name of

PAMELA

22, Queen's Road Central. Hong Kong, August, 17th, 1927.

1...

HONG KONG STOCK EXCHANGE.

CLOSING "QUOTATIONS.

A

MATL

Transit Datics; (2) Coast Trade A.K Bank $1,050 buy. dr

"The attempt to remove the (1)

Auspar 19TH. 1917. the-information conveyed-him--was Nationalist surtaxes had been reach.... merely a matter of form. In re ed and that this agreement involved Duties; (3) Native Customs Datics;

London £114 ao fusing to allow these taxes to be resistance to the utmost of all with the Customs machinery for the Mercantile Bank, A. &B...33 now. constitutes a direct interference Chartered Bank) nom. collected in the Settlement the Con- efforts to enforce the new pro- sular Body and the Municipal Coun-gramme of taxation, with the aggrandizement of one particular

Do cil are merely carrying out custom French Government probably also political party and this should not P. & O. Bank of years standing.

co-operating, 'was the effect of a

be allowed. The above taxes have East Akin Bank 168 nom. been earmarked for foreign and Canton Insurance ......3500 sel. At the present time rumours are statement made by the head of a rite in every commercial quarter representative foreign commercial domestic loans and represent Tis. Chias Underwriters......$1

revenue annually' North China Indes bay.

T. 143 nota regarding possible action to frus.rganization to a representative of which it is intended to climate by Union

24,000,000, in

Union LararancsTM trate the imposition of the taxes in this paper yesterday afternoon..

a stroke of the pen with no alter Tangtaze Insurance

M. $37 rom. September 1st. There is a general U.S.A. Government Takes Fright.

native

China Fire Insurance....$210 bay feeling that the representatives of

except exoribant

Bong Kong Fire Las.....$0.00 Jel. Further, it was pointed out that increases in dues which are not re- the various Powers, although hot

Dongles 332 202. beving made any statement on the whereas the American Chamber of ceived by the Customs,

8 team bosta are considering the ad business interest in Shanghai and Commerce, representing American natter, are

Hang King Tags Indo-Obinas (Prof.) ......$30 visibility of fefusing to pay a03.

Do taxes except those legally due underst of China, has expressed a

revenue

Likin Abolition. With regard to abolishing likin the Chamber does zot believe its

local.

Bheli

(Def.) 9 b

...............$54 buy.

60

NICH.

the Treatics. In order to do this esire to co-operate, with like or removal can bo accomplisted by Barports - nom. it is considered likely that duties Banizations in the campaign of will, on and after September Int. resistance by all means available September 1st, 1927, even if it could Waterboats................................ 18.90 nori,

toe cect would by the authorities and not into the been raised in Government circles

The tonnage Burtax besides present time. It is stated that the such participation cannot expect to Treaties in, even at its reduced Bank of China, as is the case at the in the nape of a warning that any being in

contravention of the receive the support of the Govern- Bank of China; as the official bankment's resources. The same inform. amount, a heavy burden on what is for the collection of customs in

already a very expensive port and Shanghai, has usurped arbitrary ant voiced the opinion, however; should be at once removed." powers and has gone far beyond that whether the United States Government stood behind American the functions allotted to it and con

mercbanta or "whether American sequently is not the proper media merchants themselves chose little it through which the important cus- toms duties should pass.

the other foreign Powers took a definite stand on the question as business" competition would even tually compel a united front.

Whether unanimity bas.or will be reached in this particular direction

Malabon Bugars

*432 vel. Bengusta $1.70 nom Langkate (combined).... T. 18 buy. Kailan Mining A...... 49/- bay Do. (single). Th Sha. Explorations ........... Tis. 3. nom. Shanghai Loans, & nom

H.K. $3.65 buy, Tronoh Mines 19/3 nom. HK. & K. Whats 12 bay, Ural Caspians

K&W. Docks Hongkongen

CL 183 buy. New Engineerings....Tla, 4.40 buy.

12, B3 buy, .....5684 buy.

Headed For Suleida.

suicide of local industries and it "The production tax heads for will, at a time when conditions are none too good even without those impositions, cause A very large amount of unemployment.

Back "The Chamber continues to take K&Hotel· All possible measures against the K. Lands There was, it was suggested the the. Diplomatic Corps in Peking possibility of resistance being shown imposition of these various re- Hong Kong Realtys. have made any pronouncement on

even to the two and a half persure the public, both Chinese and

straints on trade and it feels quite HK Territorials

Humphreys the matter.

cent, surtax on all imports and ex- It is also understood among com- ports but as this was ratified by foreign, are equally opposed to all Prince's Buildings..

such radical and ill advised in- Bura! Landa mercial circles that the Powers re- the Washington Conference of 1021

Ewo Cottona creases in the form of surtaxes at Orientals

none of the Chambers of Commerce appear to be in a position to any And neither the Consular Body nor

Resistance GroWS,

хол

• HOL

38 sal.

Tatater

A DOM.

$89 nom.

111 nom. (via, 7.40 nost. -

1.80 buy.

presentatives have been considering it is not expected that this objection a time when trade is in a very nn i notions (phi)...Tim, bi boZL

Merchants Perturbed.

j

&

Shanghai

7

Do. (LOW)....... 25 nom. China Busos H.K. Tramways.........

$240.80 nom. Peak Trama (old)

Do (new).........$7 sel

"

Do Do.

Da

..$1 nom.

Su nom

the advisibility of forcible resistence will be raised seriously, more espe- certain and parious condition. against any action on the part of cially as there is no objection to the National Government to inter duties being increased to a certain

A SURE WAY TO STOP fere with the legal transit of goods, reasonable extent, it was stated, attempts at confiscation or rebut merely against enforcement of

INDIGESTION. not being pat through regular straint:

channela The taxes are obviously Indigestion is such common Singapore Tractions / sel for the self-aggrandisement of ailment that many people use the Tan Local wine and spirit merchants particular political party and, there first thing that's handy to stop it. Amusementa have been considerably perturbed fore, cannot receive the support of They frequently, use ordinary bi-Cements (combined) $7 wel

Cauton Icos over the latest announcement of purely commercial, non-political or- carbonate of soda, never realising the Nanking Ministry of Finance to ganizations, it was stated.

(old)......8.com: that although this frequently stops the effect that dating from Thurs With regard to the question of the pain, it is doing incalculable | China: (new)....i sel. day, a 30 per cent. Stamp Tax would skin and its proposed abolition, harm to the stomach lining, and

hins Laghia (comb.)....113 al. be collected on all wines and spirit the question arises whether, under may even cause stomach ulcers. The

(old)...... nom. imported to Shanghai.

(new):301 nom the present chaotic state of affairs, best, safest, and surest remedy for China Providents 4 buy. The reason for this sudden delikin can be abolished by September digestive troubles is a little Biau Constructions.811 set cision on the part of the Nunking 1st as promised by the Chinese rated Magnesia in a quarter of a Dairy Farms $15 financial heads was the belief that authorities, or any other more tumbler of water after meals, which Der A Wi local merchants to evade the 624 reasonable date

not only corrects the trouble at its UK. Electrics... per cent tax to be imposed on Furthermore, it was pointed out, source, but soothes, heals and pro- September 1st had made arrange that which is controlled by Nan- tects the stomach lining. The mo ments for the shipment to Shanghai king to-day, may be in the hands ment you take 'Bisurated Magnesia of large quantities of liquor which of somebody else to-morrow and the it neutralises the excess acidity, would arrive before the date of position of importers is made more prevents fermentation, and that's collection of the now-luxury-taxea-precarious, as they have to face the the end of indigestion. Your chemist In order that these consignments uncertainty whether likin cap or sells Bisurated Magnesis in both United Babertos would not escape the new levies the will be removed at all-and-the-fact powder and tablets-the-one-and-

Watsons (old). sudden declaration of a 30 per cent. that in any case, the ultimate des only Bisurated Magnesis that

Wm. Powella -Stamp-Tax on wines and spirits-wastination of their goods may be in doctors recommend and hospitals

Telephonas madeIt was believed that the theoccupation-of-another-party use, because-it-is-as-sale-as-it-is-bay. whnyers;3. N.YJE. steamer Kalori Maru was which has no illusions as to likin effective.

Macao Electrice .....

H.K.

•Bopee (old) Do. Lens Crawfords.

Mischistos

$15.15 buy. $6 nom.

$58 buy: $37 bur. buy. $10 nom;

„105 set."

$22 buy.

#111 nom,

370eal

[5169

The Sign of

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and

PUBLICITY

BUREAU

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The Advertising Agency ...that supplies Advertisers with a Complete Service of Original Copy, Ideas, and Designs for Posters and Blocks,

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Telephone Central RÓ

LONDON BUYING AGENTS

We offer you our services a bay. ing agents for British or Conti- nental goods Established in 1844 bat thoroughly up to date, our success attained by making ont enstomers interest our Bratima. Fire expert

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EXCHANGE.

ÚLOSING QUOTATIONS.

Ot Ibanor.-

(Angust 19th, 1977,

· Palographis Transfer.

21/118

te Bank Bills, on demand 1/11 7/10

Bank Billa, at 30 days"right"

Bek Bills, at 4 months

ht

1/214.

¡at4 month=”sight 2/0 7/18

months' sight

O P

on demand Bills, on dits, 4 months sight ... Credits, OF NEW You

Baik Bills,

144

on demand Credim, at 60 days night...: ON BORRAY.

Telegraphic Transfer

9/0 *9/18

1.205

086 1

Bank Bille, on demand... 131 ON OLTCUITA

Transfer

Beat Bills, on demand " ∙131 Of SHANGHAL Bank Bills,

fight

791

Ox

Ox

50-day sight

100

demand.. 05

damkad...

demand 113

OF HALFONGOA domand

Os Saloon On déma

On Beteror On demand

Borner, Bank Buying mats: $9.90 Goro Laar, 100 fiis, per taal...

BAR BILTER, Per CE.