1917-12-17 — Page 9

YESTERDAY'S TELEGRAMS.

MR.LLOYD GEORGE'S ROUSING SPEECH.

London, December 14..

Mr. Lloyd George, speaking at a dinner to the Seads of the Air Service at Gray's Inn, after emphasising the importance of the operations of the Air Serviss sa a determining factor in the war, referred to Lord Larsdowoe's letter, and, said he now understood that Lord Lansdowne bad not intended in the loses to convey the meaning his words might reasonably bear, and only intended to asy exxetly the same thing as President Wilson had said in a recent speech. The whole of the British nation-fally agreed-with-that- speech and be therefore concluded that the interpretation placed spon Lord Lansdowne's letter by the Allies and by our enemies Do way represented what Lord Lansdowne intended.

in

THE HONGKONG TELEGRAPH, MONDAY, DECEMBER 17, 1917.

YESTERDAY'S TELEGRAMS.

MR. LLOYD GEORGE'S ROUSING SPEECH.

HONGKONG SHARE REPORT.

8-SELLERS; SA-SALES; B-BUYERS; N-NOMINAL

OFFICIAL PRICES.

more formidable military obstacle than Rasis to Germany, but there was no more powerful, country in the world than Amazios, who was stepping into Romis's place, she was not yet prepared, but would soon be, hence the Austro-German desperate efforts to foror an iaans before she was ready. They won't succeed, but the calls pee of Russia and the temporary defeat of Italy undoubtedly. K. & BANKS osat upon as a heavier share of the burden pending America's readiness.

*FIRE INSURANCES,

D

SHIPPING.

BANKS

BANK OF CANTON,

LIMITED.

$600

MARINE INSURANCES, Cantons North Chinas Unious

D. b, b.

$300- t. 113 $795 n. er 78 2:5

$192

$810

For 3 Months 3% per annum.

177

Tor 6 Months 4% per annum.

A

$18

sa. $148) & 149

b.

$33

be

112/-

$28)

REFINERIES.

b.

5a.

$91 $36

MINING

BANQUE INDUSTRIELLE DE CHINE.

S.

*

40/-

E

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and General Banking Business. Fransacted.

INTEREST ON FIXED DEPOSITS:

For 12 Months 41% per ann 13.19 LOOK POON SHAN;

Chief Manager.

行鍑藥實法中

Capital (3) Paid up) „Franca 45,000,000

(1/3 of the Capital subscribed by the

Government of the Chinese Republic.)

Chairman of the

Andre Berthelöt.

General Mana gar A. J. Partotte.

HEAD OFFICE:

74 Rue Saint Lazare. PARIS

BRANCHES: PEKING. SHANGHAI, TIENTSIN HONGKONG, and SAIGON.

BANKERS.

In FRANCE: Société Générala pour favoriser le Développement du Com- merce et de l'Industrie en France. La LONDON: London County & West-

minster Bank, Ltd.

IC NEW YORE: Redmond & Co. In ITALY: Banca Commerciale Italians. Telegraphic Additas : CHIBANKIND,

Interent allowed on Current Accounta and Fixed Deposits. Terms en application. Every description of Banking and Erchangel business transacted,

H. ROUET DE JOURNEL, Manager. HONGKONG BRANCH :

Tel, No. 2352 Queen's Building.

5. Chater Road.

Hongkong, 20th August, 1917.

NOTICES.

BANKS HONGKONG & SHANGHAI BANKING CORPUA-

TION,

Paid-up Capital

RESERVE FUNDS:

Sterling

£1,500,000 at 21.

$15,000,000- Silver $18,300,000

$33 500,000

Reserve Liability of.

Proprietors......$15,000,00/ COURT OF DIRECTORS.

Hon. Mr. S. B. Dedwall-ChairsBar, Fou. ML. P. Holyoal-Depute. Chałem sa Hea Mr.CE. Agton, F. C. Batch, 0. T. X. Edi

Gabbay Est. E. V. D. PET. Esa #. Pestanden, Rec-

CHIMP MANA SKE Hongkong-N.J. Stabb, Ha

MAXIGEE

Shanghai-40. Stephen, Ei London Bapters-London County and Westminster Bank, Limited'

J

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On Current Accounts at the rain of 'yu cent. p

snaam on the daily balance.

ON FIND DEPOSITE, For 3 months, per caht per actu For menthe, 24 par ceal per

or

€ par cent DAT BEREMİ

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Chief Manager

HONGKONG SAVINGS BANK TRE Basics of the above Bank it conducted by the HONGKONG AND SHANGHAI BANKING CORPORATION Xales may be obtained on applicatio INTEREST on deposits is alloweć je zne mm• ime only balances at $3 per cast. p

Depositors may transfer, at their option balance

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Los

For the Hongeng and Shang bal Baskb y Corpora

N. J. STABB,

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THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorperated by Royal Charter 1353

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PROPRIETORS£1,808,10%

FOREIGN EXCHANGE and General

business trabracteď. CURRENT ACCOUETS opened and J DEPOSITS received for 2 year of shorter perfoda, ences which will be cuated on application.

T. C. DOWNING,

Manage Hongkong, 11th April, 1912.

THE MERCANTILE BANK OF INDIA, LIMITED. Head Office 15, Gracechurc Street, London. Authorised Capital ..........£1,500,000 Subscribed 11 ..... 1,125,000

Paid Up Reserve Fund

C

BANKERA

562,504 600,000

Bark of England." idlat Stock Bank, kinktail - BRANCHES

Karachi

Kote Stere

Kala Lumptā

Madras

15

n.

2,50

1.

96/

soj-

23}-

Board of Directors

1.

DOCKS, WHARVES,.

sacrifices. It is not a sime to cover and falter bot to place our fest We must therefore be prepared for greater efforts and firmer than ever on the greand, and square our shoulders to bear Yangtazes the increased weight. Britain's will waase tempered steel ; there wan Mr. Lloyd George next referred to the very active minority of no sign of break therein, and, although pressure might and would prople who thought mistakenly that they had found a leader is increase, he never doubted it would bear it all right to the end. China Fires h. Lord Lansdowne. The danger was not the extreme pacifist. "We should have to call upon the nation for further sacrifice, but H. K. Fires warned the Nation to watch the man who thinks there is a half-way should only do so because it was absolutely necessary. Now house between victory and defeat. No such house exists. These there must be further drain apon the man-power in order to Douglases are the men who think you can end the war now by some sort of euetain, until the American Army arrives, the additional barden, Steamboats what they call 'peace by setting up a league of astione,' with attendent conditions. That is the right policy after victory but we must have enough men to defend the lines held for three yeare, Indos (Def.)

and defend them against all comers, from any enemy. front, and Indos (Pref.)

Shells without victory it would be a fares."

must also have an army to manoeuvre, and which would enable us to To end the war we entered upon in order to enforces Treaty, appear with least delay as any point in emergency in any part of

Ferries without reparation for the infringement of that Treaty which was the colossal battlefield. There was no ground for panic. Even after treated as a scrap of paper, merely by entering into a new and s more sweeping and more comprehensive Tresty, would be a farce sanding troops to Italy's assistance the Allies have marked numerical Sugars in the setting of a tragedy. We must take ears, got to be misled by superiority in France and Flanders, and we have considerable Malabona mers words--league of natione, disarmament, arbitration, security-reserve at home. Much greater progress has been made in ran they are all great and blessed phrases but without the vitalising Power, especially during the last few months than is realised, but Kailans

it would be песказат to increase the trained reservas Langkats Eron of victory they are nothing but words. You cannot wage war in order to face the new contingensies without anxiety. Raubs or secure pesce or civer deceit for long with words. There is The Cabinet was prepared with recommendations nos, caly for Tronohs nothing so fatal to character as half-finished tsake.

raising more men, but also for conducting a searching Urals After referring in barning terms to the attitude of men who investigation into the best methods of husbanding the existing Oriental Cons. apposed the war from the start, Mr. Lloyd George said it was man power so sa to reduce the terrible wastage of the war. mean attitude but it was, at least, a definite and clear line of retion, Provision of men for armies is not the most argent part of the GODOWNS, &C. but he could not comprehend the man who was seized with indigna problem. Men were especially needed in Great Britain to help H. K. Wharves sa. tion at German catrages add helped to commit the Nation to solve the tonnage probleme. The victory was now a question of Kowloon Docks career of honour and now, before the task was nearly accomplished, wished to ebake bands with the malefactor and trade with him to age and tonnage was victory. Nothing else could defeat Shai Docks

LANDS, HOTELS ne pow, bats shortage of tonnage. The adrect of the United mataal advantage. The enemy was simply being invited to enter into States into the war had enormously increased the demand. AND BUILDINGS. bargain to join with you in panching the bead of the next man who Germany had gambled on America's failure to transport colossal Centrals dared to imitate his villanies. The enemy desired such prace terms numbere of men and aeroplanes to Europe. The Prussian H. K. Hotels It was idle to talk of security being won by each feeble means.

War Lorda had promised their CORN psupla, and their Land Invest. Let there be no doubt regarding the alternatives with which Allies that there formidable masses would never find their way H'phrey Est we are confronted. One is to make eary terms with a triumphant into the battle line. Mr. Lloyd George foreshadowed a further Kioon Lands outlaw, which means abasing ourselves before lawlessness. I means ultimately a world intimidated by successful bandite. The drawing of men from aceesential war tradea and occupatione order Shai Lands other is to go through with the task, vindicating justice s to increase the shipbuilding requirements. He arged farther se lo establish a righteous and everlasting peace for our saving of tonnage not only in economising consumption, bat home home food A felves nad our children, No ration with any regard for production. This year we had inoressed the

self-respect and boscor can hesitate a moment in its choice. Production by two to three million tone and we had been the Ewos

Intensely as he realised that victory was an essential condition was essential that we save another three million tons of food S'hai Cottons

only belligerents who had increased the food catpat during the war. Kung Yiks of a free world, there would not merely be no object in prolonging importa in 1918. He appealed 10 agriculturists to fall in with

Yangtszepoos war but it would be infamous to do so if they thought things would get the plans accordingly. The Government would do its best in Orientals no better the longer they fought. It was because he was firmly con finding provision, labour and machinery, and the nation could help MISCELLANEOUS. vinced that despite some untoward events and discouraging appear another way, namely, by discouraging grousers. Grousing under-Borneos acces we were asking steady progress towards car goal of 1914 that mined morale sad the national morale was vital in a question of China Light & P.b. be would regard peace overtures at present as a betrayal of the great holding out. Fesde propaganda was fed with grumblers. Let Dr Farm trast wherewith he and his colleagues were charged. Hach of

us beware of playing these propagandists games. progress we are making might not be visible except to those whose business it is to search cut the facta.

The deadly grip of the British Navy was having its effect and the valour of our troops was making an impression which in the end would tell. We were laying purely the foundationof a bridge which, when complete, would carry us into a new world. The river! for the moment it in spate, some of the scaffolding has been carried away, much of the progress we wande seems eat merged and hidden, and some men say Let us abandon the enterprise altogether, it is Ico costly; it is impracticable of achievement. Let us rather build pontoon bridge of new treaties, a. League of Nations and under- standinge." It might last some time, but it would always be shaky and uncertain. It would not bear mach strain and would not cany beavy traffic. The first flood would sweep it away. o get along with the pile driving and make a real, solid, per-

„manant structure......

a

Let

b.

...b.

West Points Reclamations

COTTON MILLS.

میں

Dairy Farms Green Islands.

**

$98

$123

£73

b.

800

b.

$90

b.

800

12.

$5

n.

b.

$80 t. 70

I..

1.

#81 $115

2.

t. 175

t. 15.80

$.

t. 120

П.

3.

t. 6,80 .t.40

b.

#61

.$8.5

b.

$7.50

b.

326

si

NOTICE.

:

b.

$48

I.

150

PEAK TRAMWAY CO.

S...

$29)

The

The Lorden

$10

$6.50

TIME TABLE

Bembay

Cakusts

883

Celomba

b..

5.

6.

cts. 90 1.5 $12 $5,60 $6.50

16.00

28.45 to

MIO AM

13,50 AM.

KEVINY ZA MUN.

Delti

-20 ML.

Gale

1180 AM

1 M

Hongketa

How

PRAŠYM, GO

1.14 P.X.

ZA MIN

Kandy

1.45 PM

16 MIX.

LIFAX

10 Mar

15 MIN.

1.10.2

10

AM

We had challenged a sinister Power, which is menacing the H.K. Electrics world with enslavement, and it would have been better if we had H.K. Ice Co., never issued the challenge unless we meant to carry it through. A Ropes challenged Power, which was not overthrown, always became etronzer Steel Foundries an for the challenge.

People who think they can begin a new ers, wbile Trams, Low Level s. Fresaian military peace and power remained anbesten were Trams, Peak, old s.

Trams, Peak, new s labouring under a strange delusion-(Load Cheers).

Laundries U. Waterboats b Watsons Wm: Powells Morning Posts *.

With the exception of the Daily News which regrete that the Premier failed to atate a policy allied with gravity and definitoners demanded by the occasion, the newspapera acclaim Mr. Lloyd George's speech.

be gratefal who appreciate the meaning of a "just war." What The Daily Telegraph saya it is an utterance for which all must fr. Lloyd George neke is well within the country's powere, and he can reckon upon the country's reply.'

The Daily Graphic says that Mr. Lloyd George has neverëpoken. Mr. Lloyd George warned the people against undue slation over victories and despondency over act-backe. They were the to better purpose, and the nation will angrudgingly and eame persons in both cases. This was not the most propitions enthusiastically give its support. hour. Rassia's

threatened

retirement would

and

*29

CORRECTED TO NOON MONDAY DECEMBER 17, 1817, BENJAMIN & POTTS, Share and General Brokers;

Princes Building.

Tel. address: Broker.

EXCHANGE.

་་་ SELLING.

The Morning Post says that Mr. Lloyd George resobed the strengthen Hohenzollerniem and weaken the forces of democracy, but the true and authentic note in British stateemanship in appealing to sation would not lead to aniversal peace. It would simply prolong the spirit of old England.

The Daily Chronicle says the speech bad the unusual quality the world's agony. The withdrawal of over one-third of the

was decidedly! snemy strength from the Eastern front, owing to Russia's intention, of restrained, dispassionate firmneer, mesat the release of bund reds of thousands of troops and masses and food suggests that the Prime Minister does not intend Demand 2/1178

appropriate to the present crisis, The emphasis on tonnage T/T

************* 2/114 of material to attack Grest Britain, France, and Italy. It was n

to put everybody indiscriminately into 'khaki.

30 dje..

31- serious addition to our task, which was already formidable enough. It would be folly to under-rate the danger and equally foolish toness and directness with which it keeps things that really matter

The Times says that the chief merit of the speech is the clear 60 dia....... 31-16 4/8 3/1/4 exaggerate it, but the gres test folly of all would be for them not to before the people. Cuzning and insidious efforts have been made T/T Shanghai........ Nom The Premier TT Singapore ... 12636 The most momentous fact of the year had been the entry of to confuse their judgment and shake their faith.

1374 TT Japan KOMPLE wafts the poison gas aside and bids them fix their eyes on the stars the American Democracy into the struggle against Military which had guided them and their fathers through history.

Nom. T/T India

Nom. Autocracy it transpered the whole situation, Britain, with only B

Demand, India third of the population of Kassi, had been for the last two years a times like these deserve to expect from leaders It had courage

The Daily Mail says the speech was such as British people in T/T San Francis-

7.1 eo & New Yorkƒ and faith, and fog a challenge fall in the face of all doubters and T/T Jaya - D 1634 wavetera, We must either close the ranks now and fix our eyes on T/T Marką.................................. Nom.

"4.09 the central purposes for which we are fighting or history-will- say! T/T France........

4.11 that at a supreme moment we faltered and broke down; and that is Demand, Paris anthinkable.

face it.

For ONE WEEK only

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TOON

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