GLENEAGLES
GOLF SHOES
with Royal & Ancient Rubber Soles
Whether you are an enthusiastic goller or walker, you will be pleased with this comfortably made solid shoe, every inch of which will stand the most. rigid tests of hard usage. The designing has, been contrived to give the greatest ease, which is so necessary in a sports shoe, and we can confidently recommend this shoe to give the utmost satisfaction.
MACKINTOSH'S LTD
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MOOX
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100001
"Youth's Frolic".
To function at the
PENINSULA HOTEL
ROSE ROOM & ROOF GARDEN
&
مریم
DINNER DANCE
FANCY DRESS CARNIVAL 30th
January, 1932,
9 P.M. to
2 A.M.
F
UN & FROLIC antastic and jovial
raught with endless amusement eaturing prize rivalry.
or costume.and competition
OR OLD FOLK & YOUNG FOLK ALIKE'
THE HONG KONG & SHANGHAI HOTELS, LTD.
WHITEAWAY'S
GREAT
STOCKTAKING SALE
HARDWARE and GLASSWARE
DO NOT MISS
THE OPPORTUNITY TO REPLENISH
YOUR KITCHEN UTENSILS. GLASSWARE AND OTHER HOUSEHOLD WANTS AT GENUINE CLEARING PRICES
HUNDREDS OF BARGAINS
GLASSWARE
IN
HARDWARE
CROCKERY,
FIRST FLOOR SHOWROOMS
WHITEA WAY'S
HONG KONG DAILY PRESS, FRIDAY, JANUARY 22, 1932.
Y.M.C.A. LADIES' SECTION.
FULL CONDITIONS OF *MEMBERSHIP.
THE NATIONAL INCOME.
£500,000,000 DOWN IN 1931.
BURDEN OF DIRECT "TAXATION.
The following facilities will be available for members of the fadient Section Y.M.C.A. The West Lounge in the Y.M.CA. Building will po
A fall of £600,000,000 in the opan every morning (excepting
national income in 1933, as compar) Sundays) from 10 to 12 and cryed with 1993, was estimated by Mr. afternoon (including Sundays) from
3 to 8.30, excepting on occasions! W. H. Coates, in a paper entitled when the hail may be required for
The Citizens Purae," read before the Manchester Statistical Society. special purposes,
Ten and light refreshments may be obtained in the Lounge.
It is proposed to Arrange bridge and dances: particulars parties will be duly announced.
Booka may be taken from the Library each week day morning from 10 to 12.
Swimming Bath.
The Swimming Bath will be re- served for the Ladies' Section on The mornings of Mondays, Tuen days, Wednesdays, Thursdays and Fridays from 10 to 12. Tursday evenings from 6 to 8. These times will be altered if found unsuitable. Arrangements will be made for swimming lessons.
The squash racket courts will be reserved each week day morning from 10 to 12; Friday evenings from 6 to 7.30.
11
Side Entrance.
Mr. Couter is a director of Im. periat Chemical Industries, and was farmerly Director of Statistics at the Inland Revenue Department.
Ha estimated the national income in 1031 and in two presious year: w follows:-
1031
1920
1928
£9,842,000,000 £4,350,000,000 $4,213,000,000
Ha pointed out that there has been a decline in prices between. the earlier and later periods, but hold that this factor was insuf ficient to account for the fall in in
reflected in the abre figures.
N
STAR FERRY CO.
DIVIDEND AND BONUS.
Subject to audit, the Sta: " Ferry Co., Lah, report that the Balance at proft and lows account.! for the year andød Deg, di, 1931, is $398,530:88, which, together with $32,830,99 brought forward from the previous year, makes a total of 431,372,87 available for appropriu-
Burtax and Death Duties.
Dealing with the burden of taxa tion, Mr. Coutes estimated that there was $0,000 Aur-tax payers with a total income of £467,000,000, Out of this they had to provide £:07,500,000 in income tax, and Ladies ara requested to use the £76,000,000 to surtax, making blto- Ashley Road entrance for the gether £183,500,000. In addition. Lounge anil Swiraming Bathhe estimated that 200,000,000 in) Ladies are not permitted to the death dutien would fall on the same premises. reserved for Y.M.C.A. class in 1932, so that gut of the menberg: Subscription: The -monthly subsription for the Ladies Section is $2.50 payable in ad-
Vince.
total income of £47,000,000 no legs than £283,000,000 would pass into the hand of the tax gathøver.
Mr. Contes said that it would Ladies desiring to join must he be by means of a flight from the proposed by a Y.M.C.A. member surrency that any attempt to carry. and make application on the forms taxation to the point of extortion to be obtained on request from thewould be defeated. Secretary.
:
The Public Consdence,
Mr. Condes in conclusion suid
NOTED VISITOR TO that no Chancellor of the Exche
· COLONY.·
GOVERNOR-GENERAL OF INDO-CHINA.
tion. 12
The Directors will, at the ap proaching meeting of shareholders, commend the following, distribu- To pay a dividend of $9.
tion:
per share and a bonus of 82 por share To carry forward
quer, could afford to be indifferent to the reactions of the people to taxation. His attention must be quid not merely to the scientifc| view of the effect of may particular tax, or to taxation as g, whole, but to the popular view. It was not,; His Excelency, M. Pierre Pashe said, so much that which was quier, Govenor-General of Lazia.trite which must be regarded, but China, arrived in the Colony yester. that which people thought was trus day on the French mine sweeper The differener was often governed by the common standard of edtion.
Inconstant.
51
The distinguished visitor wastion in sneh matters and by the welcomed by Captain Coltman, general level" of political activity A.D.C. to His Excellency the End interest in national affairs. Governor, and Lient. Cameron, When those levels wije high, tasn A.D.C: to His Excellency the tion was more likely to be on a General Ofhear Commanding. Mscientific plane thun if they were Pasquier's visit is unofficial but he low: In the long run the limits of was entertained at Government taxable capacity were set by the House last night.
public conscience.
To-day, the principal function A dispasionate judgment of the will be an official reception "in the burden of our present taxation, morning at Victoria Lodge, the particularly of direct taxation, in residence of the French Consul-relation to the shrunken national Gomal. M. Pasquier will sail this income, suggested that excopt fun a afternoon the cruiser Waldeck limited period it would endanger Rousseau for Manila, when he will │our whole economic streture. The return the recent visit of Governor-limits of taxable capacity on a gold General Dwight Davis. He will standard brain had not only been stay and attend the army muan- reached but passed. œuvres which are being held in Manila towards the end of the month.
BELILIOS SCHOOL CONCERT.
LARGE ATTENDANCE AT HELENA MAY.
The Helena May Institute was crowded Fosterday evening when
More in Bates and Taxes:
On the basis of Mr. Cualis' figures for the national income the per centage paid away in taxation in different years may be seen from the following table
Taxes Rates
1031. 1929, 1924 (2000,000) 709 -öbö 890 101 191 302
Total... DOO 846 859 Percentage of Nat.
income..... 23.4 19.2 20:0
the girls of the Belilios Public In 1981, as compared with 1920, School presented an old Chineno about £35,000,000 more is being paid piny, The Story of Young Kwai away in taxation, out of an income
Fei."
The play was composed by the students of the school who were assisted in the classical dances con-
which in £600,000,000 less.
tained in the play by Mr. Lau Fat gests that a certain Li Po be sent Man. The amateur actresses look for to explain the letter and write od very attractive in their charming a reply. LiPo was known through: old Chinese costumer.
China for his exquisite poetry. but
The story depicts an episode in his own behaviour was not of the the life of Young Kwai Fei, a noted samme standard. It pleased his fancy Chinese beauty who lived in the to accede to the King's request but Tang Dynasty, and who exercised only at the price of humiliating the much influence at court. She alti King, Kwa Fe and the King's mately married the King and was Minister. The King he ordered to estimated in a rosition of import fun hiri while he wrote, Kwai Fei ane in his household.
to hold his ink bez. and the The King receives an official Minister to take off his shoe After) document which, owing to the in- persuasion by Mui Foi, the King volved expressions, he is unable to agrees and the others follow suit. understand His nunmellor nug: Li Po writes the letter, is rewarded, [Continued at foot of nest column.) and sent away.
$400,000.00- 31,370.87
$433.376.87
KAIPING COAL
FOR HOME, FACTORY, & POWER HOUSE
HOME, FACTORY
FOWER HOUSE,
TUGS &
AND BUNKERS
G LOGOS.
THE KAILAN MINING ADMINISTRATION.
DOD WELL & CO. LTD., Agents, Hong Kong.
Obtain value for your money-
compare the present prices of provisions with those last month!
FINEST BACK BACON FINEST STREAKY BACON FINEST GAMMONS,, Whole FINEST GAMMONS; Corner
3 to 5 lbs
FINEST GAMMONS, Hock
4 to 6 lbs
KIPPERS BLOATERS
HADDOCK
0
(Dec $1,50 (Dec 850 (Dec $2.00
(Dec 82.00 per
15.)
Now $1.40
Now $1.20
Now $1.20
Now $1.50
Now $1.00
Now 80 cents
(Dec.$1.50.
(Dec go cents) (Dec So (Dec $ 1.49 ).
· PALETHORPE'S FRESH SAUSAGES
JA
Now 70 cents ... Now $1.00
Now $1.75
(Dec 82 10)..
LEGHORN EGGS from SUNNY LEGHORN FARM, NEW TERRITORIES, FRESH DAILY
LANE, CRAWFORD, LTD."
GROCERY, DEPT.
CHROMIUM PLATING
We have now installed the latest Equipment for
Electro-Plating
Motor Car Fittings
Household Articles
Surgical and Dental Instruments Electrotypes, etc., etc.
by the new Chromium Process
Chromium will not rust, stain or wear and only requires wiping to restore its original brightness.
DODWELL & CO., LTD.
MACHINERY DEPARTMENT
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