1910-09-28 — Page 5

CORRESPONDENCE.

(We do not setiasarily endone lhe opinions expressad

275) by Correspondants in this column.).

THE HONGKONG TELEGRAPH WEDNESDAY SEPTEMBER 28 1010

deply called away to Manila to lasil ute Coffin THE WORKSHOP OF THE BAST.

TARIFY

criminal proceedings nod was unexpectedly de- INNER MEANING OF THE NEW JAPANESE fayed thers, so that my piriner, who was on bis way through to Estop, burriedly completed CANTON INSURANCE OFFICE, LD. the audit of the accounts as the annu.i mteling.

· To the Editor or rim * Monarono Tulzókartı.”

DEAR SIV, I send you for favour of publicat ion copy of my letter of date addressed to the Editor, China Mall, regarding Mr. E. 1. Chap- man (F.A.A.) (Weinis & instead & Davis) and his qualifications for the fuditorship of the Canton Insurance Offi, Limited, the Acc: ants of which recently appeared in your piper and and therefore presumably published to invite

criticism,

I am, dear Bir

had been called and there was no time to alter

S000, said my Japanese friend, wavisg a day hind towards Nagasaki's dis'ant docks

TODAY'S

Advertisements.

NOTICE.

the figures is promised, but it was understood and machine shops, "wo 'shall' become the EWARTHDR NILSSON

fatte accounts were to be properly stated

workshop of the East,

I turned from the sunlit harbour and point As far, therefore, ku was lo my power, without creating an undesirable deadlock, 1 fulfileded to the acres of paddy field to the orchards. my duties to the skateholders as an indepen- whence came the chatter of the country girls, dent pablic acceptant should, and moreover and asked: "And then will you still be known obtained a refund of the Company's monies at the Land of Luxuriona Rica Crops?!""" "The which had been improperly allowed by the htio Japanese had no reply save an imposa usual Auditers considerably larger than my fretrable smile. Donless he, too, foresaw the cord.ct between agriculture and industry, On finding that the audit this year has been which seems to Aris: lo ovary country all cled given to Mr. Chapmanziu Mr. Potta* abruzce,

between village|| I looked evor the prasest-report and found in with civilisation that conflict A. R. Lowe, CA. the matter of aceruals, the, figures are still and city for the labour of man, with the city un

+hown in the same misleid og manner, Mr. Percy Smith, the other and for disagreed with my views, but I feel quite sure in my own mind that has othai Chartered Accountans wou'd agree with him nor would the Couscil of the

Da that suday September morning, when we Institute approve his views po the nobj ct,stood on the slopas of the beautiful Nagasaki as far as I understand them, as the book bills, my Japanese friend was a reflex of his kasping method employed in not clear, acd

Your fai hiully

Hoogkong, 17th September, 19:0,

CANTON INSURANCE OFFICE, LIMITED, AUDir.

esy winner every time. The little chat took place somn years ag, but it comes back sharp. to memory to-day when we have ike Dew Japanese Tari Bill before us and comprehend

its facer meaning ".

WE HAVE This Day Badmitted "Mr. Member of our Company state

AV OLOF WIJK & CO, AGENCIES,

MAALIMITED, Gothenburg, 1st September, 1910.

FOR SHANGHALT

{ "THE ́P. A:O. 5, M. Co's Steamer

**ASSAYE,"

Today's Edvertisements.

FOR SINGAPORE, PENANG AND

CALOUTTA

Taking Carze on through Bill of Lading to Rangoon, Madràs and Maneltind,

HE. Steamshipi

(OIS

THE

Capiain Owen Jones, R.N.R. will leave for SHANGHAI TOMORROW, the 29th-Sep- tember, at to A.M. CENTENNIA

For Freight or Passage, apply to i

·E. A: HEWITT,

Superintendent, Hongkong, 28th September, 1010.

14

COMMERCIAL.

28th September,'I p.m. The following quotations for rubber shares')

In your issue of the 24th ion', which occurs in such a method is; sa my opinion, ose that might / Ration, groping 'to bring about the reallsation by wire, are supplied by Messrs. E. S. Kadoorie

help to conceal any attempt of fraud.

TO THE EDITON or the "China BAIL" Sir-1 beg to call your attention to an error

your reprint of the abova Company's report. One of the Auditan, Mr. E. 1. Chapmin, is

Mr. Percy Smith's views may since have thespin d scribed with the initials "F.C.Altered, and it looks as if he was uneasy about (be well known designatioà of a Fellow of the position as I dod in Lis fast two certificates the Institute of Charicred Account nts of be omits the word "correct" and marely certi• Kogland' and Wales)." As this is Mr Chapfen the accounts are in accordance with the mive's first, app"arance o i the stage in the guise banks. If therefore the books happened to be of an expert Profession, Acconciat, I think, wrong it might probably be legally held that it right to sta obolders and Le pobli- ; he was pot responsible for any malversation of gondtally to state that this gentleman is not a fonds.: in other words the auditor giving'a' Chartered Accoppiat, and capust be one with. | cer isficate in this form is or thely evading rea out the regulation 5 years' apprenticeship to a possibility, but at the arms t'me leading the Chartered Accoun'auf with its coos:quent shareholders to believe that the accounts have s'udy, ixamlóations to pass and considerable | boen "audited and found correct,."-

exp be.

"ו

Andar as I am awere Mr Chapman's sole claim to be an expert is based on his recent membership of the "Cential Association of Accountauis, Liinited," of London, * * *

I do not think shareholders Intentionally employ auditors who decline responsibility in this manner, bat in, this case they have only themselves b'ame for net rading the certi- ficate or sıking at the general meeting what it covers and what it does ro,

The investing public as not the time to lequire into the qual fixations of public ac con tits mod auditors and, in view of Mr. Chapa an's appearance in this new capacity, 'um now giving him' a public opportunity of|ing the annual balance sheets, expleloing what bis raining, experience and qualifications are for the post he bat just filled la oider that the public canide if bis membership of the Central Association of Accountants, Limited" is justified.

Alterations in the form of auditors' certificates are rot easily up'iced in this Gotory so the newspapers invariably omit them when publish-

As far as I am aware, the only other two Members of the Central Association of Accountants, Limited," in this part of the

world are 1.-.,

Mr J, Henia rey Seth, Hoogkorg.

Mr P. R. F. Car or { l's Mess. Herbert

Dent and Co., Canton

but I ara epoù to correction,"

•

Il bir been said by those who cannot gain admittance that the Chistered & ccountants have tried to make a monopoly of AccountLocy.but this is untrue as any man is free to sit for their examinations (which certsicly are stiff and after 5 years' appro.ticeship claim admittance ED long as he his passed the three examigātidor as I have doos. The Isti use as it was com monly known was founded in 1980 (30 years #g) by sos: Accous'nats who were then in public practice.

The Society of logorporated Zeccu^tan's- was formed in 1885 by those men who wore unable to get in the lostitute by reason if their non-exit ncs as public Accountants at the time the Institute was formed or their inability to comply with the necessary apprenticeship and examinativos of the Chartered Accountants,

The Society has.alio-for some years refared admittance to membership except under some- „what similar conditions is apply to the lastituto and these twy bodies, cow 6,150 in tegib, practically bold the Accoppiascy businesses in their ads though it is still an exception rather thin the lule to see any of than a Chartered Accountant holding the appointment of Arditat 10 & Limited Company of moy sa in England and Wales or Scotland.

"The public of Hcogkody don't know these things or I venture to think' the Board of the

surasce Office,imited, must be vay flattoir to the Central Association of Accountante, Limited, and if the Shareholders of the Canton Cffice are pleased at paying for this they have the opportunity of expressing it at the Genors Meeting to be bold on 15th October sext,

le connecian with this particular audit thero is another-maller which may be noted and that is Ms. F. Maitland is a member of the Canton Board and thereby serponsible for the accounts, and one of the Auditors appoint ed to critic'ss them is his own clerk. Surely, this is a solecism which would only be tolerat." [@ 3 la Hongkong,

The correct methed is England for auditóra who find their views as divergence with Companies after is to circularise share holdery, but in this Col:ay it is customary for large quantities of shares to be held der blank transfers and the time owners Dames therefore do not appear on the register, io, as I am not a shareholder entitled to sprak -11-the-forthcoming-moeing and the Company have published hele accouple in the local press, I find this made of addressing them through you the soly practical ore.

Thinking conļi advance for the kind in sartion of this later, which I fast will be of somo pob'ic interes!,

I am, dear Sir,

Your faithfully,

A. R. Lowr. Chartered Accountant.

Hoogkong, Sep'ember 27. (We have taken the liberty to make certain eliminatiors from the foregoing letter-Ed., HR. 7]

THE SACRED DUG OF CHINA,

|

|

of a vague ambition.

Since then his Government has led the way by giving more and more patronage toindestrial forms of activity, Gradually the national character of the people has adjosted itself to the new atmosphere; the vague ambition has been consolidated into a defidità ideal, and Jepan, proudly waying the banner of Protec- lion, marches with firm and challenging step into the world's industrial argos,

'THE DIVORCE FROM THE BOIL.

The new tariff mokok a 'defište step in Japan a industrial evolution. Already we havdio. to start revising our mental picture of that country. Ju tas was 'bs case in England weil over a hundred years ago, has a not unsimi. lar national change was in progress, Ispin is fading that the stream of population is setting towards the towns, with their better standard of living and more social diversion. True, she is yet an agricultural country, 60 per cent, of her $3,000,000 prople, livity on the land as against Britain's 15 per cent.; bt the popula tion of the cities is increasing in striking man. ner, despite the higher coral birth rate.

Leaders of agriculture are awike to the dang gers ahead, and are lamenting the fact that with the development of comme cs and in dustry-with which agriculture cannot keep pace-young man frɔm ihe villages are fi‚cking to the cities, where they are employed in shopa offices, and mills, or, as one critic pois it, "buried among factory, hand." You'g gir's dealt in peace of the up country' oichiid, facinated by the glare and glitter of town lita and the allurement of higher wages in the cotton mill The prople are becimfog divorced from the soil the domestic industries represented by the old-time loom and spinning, wheel are balog swept away by the competition of the organized labor of the factories with their hrge capital.

he Gov r.mest seems lens fialour of Japan's classic reputation as the "Land of Luxurious Fice <rops" he people want, and are gling, a "black cɔnetry" to Eoast ab ut; they want a Lancashire of their owr; they threaten to become p ouder if a forest of chimney stacks than a forest of trees; to delight more in furnicea than in flowers.

The Japanese c;tos Indostyy affɔds at in: teresting proof of the progress of Japan as a The dogs and dynasties of the forbidden manufacturing country. There are now over Land bave been interminably mixed sicce the 100 cotton mills with more than £6,000,000 earliest days of the Empire, and certainly thers invis'ef. The total production of cotten yarn is to mara interesting dog known to civilisa-is 41,000,000 kwan (s' kwan eqʻzalling 8.367lb. tion than the l'ekingese, or sacred dog of China, avoirdupois). The number of operatives, like of which over 20s were beached at the specialist | that of mills, is increasing year by year, and it show of the breed held in Lopdas recently, ‹ Is ¦ is estimated in round figures that there mig the wonderful birory of te Eastern Empire now 16,006 main and. 50,000 female operativci, these dogs have played a prominent part, and even yet severe punishment is mated out to say. one removing them from the Imperial Palace Au recueily as a year age, (be penalty was death by woning, but as a 'e the punishment has

been a more protracted one, and was known as the death of the throsard slicer."

The first Fek'ageno w.ri introduced into this country is 167 or 1861, having been.

THE THIN END OF THE WEDGE.

It is not difficult to foresee what an industrial revolution in Japan would mean to Western matul curing constries. The Tariff Bill has caused a Butter in most Foreign Offices, where

it is realised that Impàs is now no longe the docila pupil, but ike keen zival, wanting none of the other folks' battleships, ergines, yarns,

and woollens. We know that,thu new taild is.

14

& Co

,Tis: 7

•23/

Allagars, @gånglo-Javau ·..... Anglo-Malays Balgownies „sakomadicine ward Bain Tīgas giminaitis 702/6/ “Bertami.......................................m7/9

Bakit Raja d *** Bukit Kalanga (pp.) vätergejoin35p/-

"Carey Unitede crusiniu, 1776 prem. Castlefields in............................10gf- -Changkat SerdangFaniiioma S10. *Cheras (part pald)mmmmm.....$9 prem,'

· “Da. (sally paid).........somnis quim 520 Damansara ambition143fé Eastern-Internationalt ..............11/3 prem. Fed. Selangors, makina m Glenealys - la$2

Glenshielt.......ungepas

Gelcendas.....

....111/5

Golden Hopisima namumu Highlands and Lowlands 40:/.

lach Kenneth¶....................................tement Jequien ............................n `- Longlandora...mortbizcorm vir Kamanings. 4/9 prem Kuala Lumpors/adimidiom:155/+ Canadrons (faily paid) ...............an Lanadrons (ppd}; ..................sti, *** Labas tematika - Ledburys in sporurieris:75}- Linggi.............................49!! London Asiatics]}} London Ventures.......0/3

·Merlimaus..

$18

Pajams ...............ongatioaren Pegahsaparecepti „Kobber Trust..............................................15/- prem. Suggar 'sevasseurantaen ou970)- Sandycrofts. Fie

......$31 Saponge Self:121

Sekongs"........... 17,5 prem. Shalfords ................ 10

· Singapore & Johores namumu $14. Sumatra Para

Sungël Chobt......................... 9716-- Suogel Kapam

#Tandjongs

TE

"Tangkabt

30/-

Toerangie po...un 2/- prets," Din Ranin.

on MOJ DRAKE

United Serdangs means in 103 6· United Singaporei ..............................$1.35 | United Sumatras...................... .............&fa Doked Langkats

Bol

Tronohen seare some mom 53/-

Para Rubber

.................... / per lb. RUBBER DIVIDENDE Cables from London siate ihni United Suma-

tra pays a twenty per cent dividend and carries forward £1,304,

Anglo-Malay pays en interim dividend of 25 per cent and Pateling of 75 per cent and Gold-

a Hope of so per cest.

Events Coming.

Thursday, 29th September, Buffs Aquatic Sports, at V.R.C. Ba.b.

Geo. P. Lammert auction sale of furniture

at 13c Macdonnell Roid (ground floor) ago

p.m.

Legislative Council Mestlog, 2.30 pm.

Friday, 30th September, Royal Hongkang Yach: Club annual meet.

Goo. P. Lammast, suction sale of furnituie

Saturday, 1st October.

Carton Insurance Office would not hava apteken during the sick of the Summer Palace 01. for revenue so much as for shutting out pointed an "F. A. A. (Central Association of

foreign matafeciores, it lets raw materials in Accostanti, Limited) to audit skeit-accounts by the British and French troops then in duty free, puts light datics os patily-manufac The securing by Mr. Chapman of the audii | alliance; Those Best Importations balonged tured goods, and a duty of 41 per cent, on those of au important Compiny a the Canton into an aunt of the then reigning Emperor.holly manufactured.

who, after valsly trying to place ler canine Bat the shutting' out from Japan of far. pels, pat of the reach of the foreigner, consiga manufacturas is only half the story. It mitted suicide at the entrance of the whi'e will be completed when tapan' becomes the battalions. At that time little was known workshop of the Est Quite apart from the even in Peking j'elf, regarding the sacred degs, which (ays a wri er is the 'Scotsman') as regards the big Eastern markets, notably tariff, everything is in her favour in that respect

were the treatand and exclusive posession China, which we of the West have nursed so of the Royal Fam ly. He ads: 1 have fondly and so long. An accident of geographying, 5.35 p.m. piciore of a Pekingese engraved scootlog minimizes the cost of transport, while the about the middle of the past century, and cheapness of labour is even a gizateradvantage, at No. 27 Kowloon Docks, 2.30 p.m. entitled "The Lion Dog of China," so cel'ed in the cotton mills, for instance, the wages aro from its lion-like mano and firehead, which roughly seja, for femals. What can Lunciabire are characteristics of the modern Pekingese dongainst that? ́

Other names for the breed are sun dog and Lancashire imports to Japan equal ab:ût sleave dog, the laat mentioned belag she small. || £1,009-000 per annum, The new turf will Turning to the published accounts of the est, members of the variety, and a fawn and mean a heaty deciczan, but nothing compared, company, they am, in my opinico, incor-white ore was presented by Gin. Danno to the with the possible losses in other European rect and misleading. By this, I do not

Jate Queen Victoria, sud was so tiny that on markets when, in further stages of bar ludus. mean the prof's shown ato wrong or that the Jourcer from Peking to Bogi od i trial evolution, Tupan gets a grip as them, the Cividend and transfers of the sniplas spent is sleeping board curled up leside the Even now go percent, of Tepanese cotton yarnu are not propzily made, but that ite urrats General's forage cap. I have been privileged are exported to Chlpaussode are not as shown in the statemeat which pur" to see a small brors:mirer of the Han dynasty pors to be the position on gist December, 1979; about 200 2 0, which has excellent engravings though it is not actually as stated in the head of Pek'sgrse call, and the fioest Chinese work legs. It is a mere quibble to say this account munabiphas always been devoted to representa is not meant to represent a balance sheel. The ton of there sacred dogs. bmlision of any figures for sundly deblore in-

|

Da Chiness temple gates, Pekingese are

We have passed beyond the stage of sur priss at Japan's forward/mirch. “We "hive | ceased to bother our heads much about such common things as new arar in the Far Eurts but it is probable that lo a few years, when we enrvey the results dating from the loavgeration cluding outstanding premis on sest December, often linked with the Curran lion (in Bed- of ibe now tariff, we shall fied that it marked a 1907, is apparent, yet it is one of the chief fiems daism, the Protectar el Faith), and models of mate momentous step in Japan's Indon'zlal dar which shareholders and creditors should look Peldugese are common on the lida of incense vantopmost than was apparent in the mere fact for in any statement of asists and Fabilitias,

burner, Coli-aths incient Egyptians, the|of the Tariff Bill-Gordon Marel in Pull Moli Dring Mr Potts absence, in 1937 I partly Chloess did not indulge in the indiscriminate | Gerolis“ and led the Company's accounts and refused to worship of silmalt, the Pekirgens being the BE sirs the accounts for 3935 in the form present only sacred offs and in several parts of the

fatturato, the Seenturyydet him on "Emprtika Chow Chow, or edible ang ni Chios, in Octour in Hongwony between imber, 1907, and to Mr. Farcy Smlib. If vill eaten with ralish. The Pekines Dacre Hamilies Powell, apit)

Infantry third son of sas and, sasily the most popular try deg in this country, Archdeacon of Cork, anda record the understanding that they and is likely to remain so for long time to

COM

A HARRISON su arranged, a

fourths daughter of Kit

•Bobble Hill House Limpideld."

Italino Conrest Sale of Work, to a.m. Hongkong Jockey Club, half-yearly meeting, at Hongkong Club Annexe, 12 o'clock zoom.

Opening of Kowloon-CantonTM Railway, Batth Shetlen, 1.45 pm.

Civil Service Sports, Happy Valley. Foxing at Elsy Holle "Bill Lomis" wi “Roy Kenny *g p.m.

Vonday, 3rd October, Italiao Conrest Sale of Woi, 10 a-m Sale of Crown land at Kah U Forg, P.W.D.

sp.m.

Sa's of Crows Tend at Shaukiwao, PW;D; 3p.m.

Eve of Jewish New Year,

"CATHERINE APCAR".

Capt. G. F. Hudson, will be despatched for the above Ports on SATURDAY, the 1st Octo ber, at Nooty

For Freight or Pamage, apply to

DAVID SASSOON & CO., LIMITED,

Agents. Hugkong, sich Taştember 1977,

"BEN* LINE OF STEAMERS.":

NOTICE TO CONSIGNEES.

5.5. BENALDER,”

FROM LEITH, LONDON AND STRAITS,

"ONSIGNEES of Cargo are hereby

Normed that all Goods are being landed

at their risk into the hazardous and/or extes hazardous Godowna: of the" Hongkong" and Kowloon Wharf · and ; Godown Co., Ltd. whasce and/or from the wharves "delivery may be obtained.

No Claims will be admitted after the Gooda have left the Godowas, and all Goods ramalni log'andellyszed after the 5th prox, will be subs. ject to rent.

All Claims against the Steamer mast be pro- wanted to the Undersigned on or before the rath prox., or they will not be recognized.

All broken chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the fth'proxjat 11AM. J.

No Fire Insurance has been affected. Bills of Lading will be countersigned by

GIBB, LIVINGSTON & 05, Agents, Hongkong, 28.b Saplembar. 1910. 1631

THEATRE

Intimations,

OWN FED CAPONS

and

CHICKENS 88 cents per 1b...

THE

DAIRY FARM CO.,

LIMITED.

·ASAŽI,

ASAR!

ASAHI

AWARDED

Bad

SAPPORO

GOLD MEDAL

SAPPORO

SAPPORO

DRER

NGLO-JAPANESE

EXHIBITION.

PRICES

Dez. Qaarte

8 Dox. Plots

ONE WEEK

· ROYAL

The Incomparable

·OF ALL WINE

MERCHANTS,

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And the same Original Company that Mystified

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6 Months

Chicago Vienna

Berlio

3 Months

And all the Principal Cities of the World

TONS

OF ELABORATE.

Magical Apparatus

Special Scenic and

Electrical Effoots.

100

New Musionsbely STARTLING FEATS and SENSATIONAL BUIFRIKES

POSITIVELY THE GREATEST SENSATION

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EXTRA ADDED SPECIAL FEATURES (NICOLA'S Challenge Hand Cuff SENSATION

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DOBSKI

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BOLID HOURS OF LAUGHABLE MYSTIFYING EDUCATING ENTERTAINMENT

Commencing Wednesday, October 5, 1910.

SPECIAL MATINEE SATURDAY, OCTOBER 8, FOR LADIES AND CHILDREN.

Hnaghan, arst September, roto.

THE PERFECT WHISKY.

Acknowledged

by all to be the

best

Scotch Whisky

on the Market

PRODUICE OF SCOTLAND

Perfection

SCOTCH WHISKY

For Mildness,

Mellowness and

Maturity

it cannot be

equalled.

Sco that tho ume of D. & J. McCallum

Otherwiso it is not genuine

Geo. P. Lamment auction sale of farallure on evory bottle. și No. 6 Hart Avenue (Kowloos) 3.50 pm..

#TuesdayMath: October. Italian Conrent Sale of Work, to a.m..

Widnesday 5th Oc/ober „Thakira Royal; " Xicola," 9'p.m.)

Annual meeting of Second Divliton Yoo

Si Baturday, 8th October, kuri Dairy Form Co. pron. masing.

"Perfection.

H. PRICE

& COMPANY LTD Queen's Road Center

Hongkong

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