HONG KONG DALY
RESS FRIDAY FEBRUARY 7, 1936.
1
TENNENTS
A
PILSENER
BEER OF
$28.00
PER CASE
OF PINTS
DISTINCTION
Sole distributors
FAR EAST MERCANTILE COMPANY
W
Exchange Building-Tel. 21458.
+
Night | EditDE
London Office:
DE
Fleet Streeż,
The Daily Press.
HONG KONG, FEBRUARY 1938
PANIC MEASURES
for
The British are notorious waiting until it is almost to late, this precept certainly applies so far as the recent Civil Service outs are concerned in this Colony, ·
Last year the Hong Kong au- thorities were carrying on in their usual hum-drum way until Bir Andrew Caldecott, the new Gover- nor, arrived in December last. It was abortly after discovered that the Colony had not a hope of balancing its budget, therefore something had to be done..
Why it was left to the very fast. minute
we fall to understand? Sir Frederick Leith-Ross, the Home Government economy ex- pert, arrived in the Far East in the early autumn of last year, and that it was common knowledge some financial action was astir, also it was painfully obvious that the value of the Hong Kong dollar was too high, and further that the Colony could no longer carry on with the continual dexation that the last had been going on for
NEW ADVERTISEMENTS ADVERTISEMENTS, three years
NOTICE.
TOTICE is bereby given that
NOT
Mr. Daniel Antero Rozario is
no longer connected with the Colonial Trading Company,
COLONIAL TRADING CO.,
Ho Tung Building.
(4190
HONG KONG BENEVOLENT BOCIETY
THE Annual General Meeting will be held in Messrs. Jardine, Matheson's Board Room on Thursday, February 20th, 1986, at 5.15.
Sir William Hornell, C. L., has kindly consented to take the chair.
(4/91
HONGKONG AND SHANGHAI BANKING CORPORATION
MOTICE is hereby given that the Ordinary Yearly Meeting of the Shareholders in this Corporation will be held at the Head Office of the Corporation, No. 1 Queen's Road Central, Hong Kong, on Saturday, the 22nd February, 1938, at 11.80 a.m. for the purpose of receiving the Report of the Board of Directors together with a Statement Accounts for the year ending 81st December, 1935.
of
The Register of Shares of the Corporation will be closed from Monday the 10th February to Batar. day, the 22nd February, 1986, (both days inclusive) during which period
of shares Do transfer registered.
can-be
HUMPHREYS ESTATE & FINANCE COMPANY,
* LIMITED.
TOTICE IS HEREBY GIVEN
that the ANNUAL ORDIN ARY GENERAL MEETING of SHAREHOLDERS will be held at the Hong Kong Hotel, Hong Kong, on TUESDAY, the 18th February, 1936, at 11.30 am, for the purpose of receiving the Report of the Directors together with a Statement of Accounts for the year ended 31st December, 1935.
i.
The TRANSFER BOOKS of the Company will be CLOSED. from 8th February to SATURDAY, TUESDAY, 18th February, both days inclusive. JOHN D. HUMPHREYS & SON,
General Managers. Hong Kong, 31st January, 1936,
[4188
HONGKONG TRAMWAYS
LIMITED
TOTICE IS HEREBY GIVEN NOT
that the ORDINARY TEARLY GENERAL MEETING TRAMWAYS of HONGKONG LIMITED will be held at the Offices of Messrs. Jardine; Matheson & Co, Ltd., Hong Kong, on FRIDAY, the 28th day of February, 1986, at 12 o'clock Noon, to transact the ordinary business of the Company.
AND NOTICE IS HEREBY ALSO GIVE that the REGISTER OF MEMBERS of the Company will be CLOSED from THURSDAY, the 18th to THURSDAY, the 27th February, 1936, both days inclusive
By Order of the Board,
W..F. BIMMONS,
Becrutary.
the Board of Directors, Hong Kong, Ard February, 1986. By Order of
V. M. GRAYBURN,
Chief Manager. Hong Kong, 3rd February, 1986,
[4174
THE "STAR" FERRY COMPANY. LIMITED.
NOTICE TO SHAREHOLDERS
NTOTICE IS HEREBY GIVEN THAT THE THIRTY- RIGHTH ORDINARY YEARLY MEETING OF THIS COMPANY will be held at the Office of Messrs. Jandine, Matheson & Co. Ltd., on Wednesday the 13th February, 1986, at NOON for the purpose of receiv ing the Report of the Directors to- gether with a Statement of Accounta for the year ended 31st December, 1985,
The Register of Shares of the Company will be; CLOSED from Monday, the 3rd February 1986 to Wednesday, the 12th February, 1986) both days inclusive. Ka
By Order of the Board of Directors
F.H CRAPNELLI, ZAS
Becretary, Hong Kong, 27th January, 1986,
3155
It may be said that it is easy to be wise after the event. This may be true, at the same time the one- dollar notes appearing immediate- ly after the managed currency TRANOEUVTE took place, were cer- tainly not designed and printed in a day, we maintain the some- one in authority here knew and certainly should have known that the move was taking place.
+1
Why, in September last were no steps taken to ascertain how the Colony stood as regards balancing its budget in the event of the new managed currency being put into force? We cannot stress this point too strongly as we maintain that it is vital.'
Sir Andrew Caldecott Immedi- was un- ately after his arrival fortunately
the pro- blem of a budget which had no
faced with
chance of balancing. Something had to be done, the Colony could stand no further taxation, and Bnally it was decided to institute large cuts on the Government
servants salaries. These cuts have been both sudden and drastic, with practically no warning. Had six months notice been given it. would have permitted Civil ser... vants to adjust their modes of make all possible living and economies before the axe fell, We mean by this that Civil Servants who have familles at Home and remit amounts monthly should, in all fairness be given considerable warning. We have heard of a case where a man remits" Home £40 monthly, and now, due to the cuts has $240 a month only for himself,
NAVAL NEWS SUMMARY
OBITUARY
GERMANY AND NAVAL
Dr. Wilhelm Solf
[Spea's] to the Hong Kong Daily Press (Copyright)3.
- Berlin, February 6. His Excelency Dr. Wilhelm Solt, former German Ambassador to Tokyo died here in the early hours
of Thursday morning after a long
liness at the age of 74.
The combination of an excep- tional scholarship in languages
ぶ
CONFERENCE
M. F Loseby, the solicitor. was called as a witness at the Supreme Court yesterday when the action brought by Tam Wai, claim-
"World Power Without Naval ing the return of a loan of $85,000
Strength Unthinkable
(EXCLUSIVE TO THE "DAILY PRESS ")"
Berlin, February, 1956. History teaches that the growth of a nation is always neso- clated with its standing at ses, and the last decades of English "the }^^ history offers the best proof of this theory. To-day others chal- lenge her position and this is largely due to that fact that her naval equipament compared with that of other powers", and that of her own pre-war standard has materiälly declined." M
and a sound legal training rezult ed in his promotion to the German
After diplomatic service, Treaty of Versalles had placed the German colonies under the ad- ministration of mandate of powers, Dr. Solt. as chief of the Foreig Once, was entrusted with the lask of winding up the affairs of the German Colonial Office. This task was accomplished, and he was then appointed Ambassador to Tokyo, holding the post from
1921 1928.
ransocean News Service
Mr. Francis Henry Hawkins
London, Feb. 6.
The death has occurred of the famous missionary, Mr. Francis Henry Hawkins of the London Missionary Society at the age of 72
Germany is another example where the fleet was largely res- ponsible for her former standing and what a contrast after the war, when her ships no longer sailed the ocean, she possessed neither prestige nor "influence. Only after. German warships were again able to show their colours and the world becaine ae- quainted with her crews that esteem returned and admiration.-`
Japan's standing in the Far East is dependent largely through the strength of her navy, causing other powers to hesitate before entering into hostilities with her.
Thas, in andearouring to mo dernise and reinforce their fleets, the great Naval Powers are merely expressing the desire for pride of place.
J
༈ *
from the Hing Nam Company and Tam Chek, was continued before Mr. Justice RB, Lindsell. Pere §.
Fung Kwal...unémployed, " was sentenced to two months tard. labour' by Mr. W. Schofield, at the Central Magistracy yesterday for breaking and entering an unnum- bered house at Wang Hàng village, Shantiwan, on Tuesday night and stealing "six pieces of clothing, s egtton quilt and: 512 in money, pro- perty of Cheung Kin, married woman.
Pazo d.
Chan Tsan, aged 25 years, a store coolle employed at the Royal Naval Dockyard, appeared before Mr. W Schofield, at the Central Magis- tracy, yesterday charged with lar ceny by, servant of 18 pounds of mics, valued at $100." property of the Admiralty, and, on admitting the charge, was sentenced to three
Page 6 monthe' hard labour.
Our Bwatow Correspondent: writing from that port gives s vivid account of the Church Ser- vices held there in memory of our late King.
Page 7."
both types. A recent comparison of the 1939 status, which appeared in an English paper, showing the number of ships then not obsolete. does not present a true picture, be At present Treaties inhibit naval cause it failed to mention, when competition, and the conference stating three English capital ships now in session in London is striyagainst five German capital ships, ing for some way of putting an that in the German figure, were effective brake on unrestricted included Germany's three "pocket |
The third of the NLD", steamer, armament expansion. In the ironclads" of 10,000 tons each. meantime, however, all countries whereas England would have no the ss. "Gneisenau" arrived in port Mr. Hawkins qualined
continue to increase, or, better less than 12 heavy battleships yesterday. A description will be Page 7. solicitor in 1885 with first class said, to improve their respective which, though just beyond the found on
fleets
age-limit, would still be effective, hongurs and was a partner in the of Evan Morris & } firm
Co, Alone in the United States.
ONLY CONTRIBUTION Wrexham, and he was later Clerk whose warships are to a great ex- to the County Magistrates of the tent verging on obsolescence, 82
To refuse Germany the right to Bromfeld Division of Denbigh units of all types with an "age provide for her own security is un- shire,
gregate displacement of 300,000tenabis and that her naval re- Becoming director of the Lon-tons are at present under con armament is aggressive in Intent, don Missionary Society, he visited Į struction.
as alleged in French circles, can-
A satisfactory year's working taken seriously, China in 1909, became a Secretary The programmes of both France not be
How was contained in the report of the Italy show no indication genuine the German attitude 15, Head Mistress of the St. Paul's 1911 and Foreign Secretary the and
reduced following year, having charge of whatever to
activities, the Anglo-German. Naval Treaty Institute (French Convent) at the... the China, Africa and Madagascar The latest capital ships of both, of last summer demonstrates, in annual prize day, which was held Missions. He paid long visits to the mighty submarine flotilla of which she voluntarily undertakes yesterday. Mrs. G. B. Bayer, wife
France, which with approximately to limit her feet to 35 per cent of of the Director of Education dis 110 units is the largest of the the British strength. This is the tributed the prizes. world, speak for themselves. one and only contribution that has been made towards a naval arma- ment imitation, and was duly ap-
|
!!!
China and the other countries in later years.A
He was the author of many publications, including "Through Lands that were Dark."-- Reuter.
Charles Le Bargy
Harry Raris, February 6. Another death announced 15 that of M. Charles Le Bargy. famous French actor.— Reuter
SINGAPORE-HONG KONG AIR SERVICE
London, Feb. 6. The Imperial Airways expect to oven a regular air service, between Singapore and Hong Kong in March, "met
RENEWAL RACE
A charming though very poorly attended Concert, was given at the Helena May Institutë last night, a full account of which appears on Page 11.
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