1918-08-07 — Page 9

RECONSTRUCTION AND REFORMATION.

What Will Happen.

THE HONGKONG TELEGRAPH, WEDNESDAY, AUGUST 7, 1018.

GALLEY RUMOURS.

Where they Come From.

The galley always had a genica

COMMERCIAL NEWS.

BANKS

BANK OF CANTON,

LIMITED.

Gold Production in Korea.

was right after all. A slock little destroyer met u. fall of pride. We followed in bec, wake, pant sachorages where submarines, both French and English, mored about in swarme like large fish and cruisers and gunbosta back- ed, awaiting orders. It was a fine in Keres has been steadily on the AD OFFICE, HONGKONG

The output of gold{from mines|

peace. It is because all social @ygioms are makeshifts vainly etriving to embody the spirit of human fellowship, whether as paternal under the forms of aristo- | Cracy or as fraternal ander those of equality, that all seem eo inexplicable are the one under which we live, and to which our There are two main pirits in instinctive craving for security. which men hope to benefit their gives all the sanctity of a fetish. Tellow, sometimes hastily labelled The divine right of kings to fortnight, and a whisper from the settled in the Grand Har year, Baye the Scoul Press, the ss the epirit of optimism and the govern wrong is a threadbare jest, capain's bank would come down boar the senior M.O. read total output obtained during the spirit of pessimiem, but core but the same right in majorities, to the mess along with the coffee out names of the men who first six months being only tralydescribed as that of politics to day simply reverenced, may be, and potato-hash magnified a were to disembark. One cosa not 13,200,000, or a decrease of and that of religion or philosophy, equally laughable in three thousand times and with more easily forget that group of sink last year. It may seem that the and their rival paracena are hundred year. The formal then one tench of romance. Each and wounded "walking cases" rate of decresss is not very big, effoiercy and what, to distinguish pedantry which discredited ship had its Intelligence Depars gathered about the doctor., each but the fact is that it is witnessed is from technical training, may be scholasticiam was not long absent; men with Aeadquarters situated of whom oberished some long principally with regard to the called culture, defined as "the from the bumsner studies in in the galley, whence bulletins deferred hope of home which now output from mires managed contemplation of life and store agorated by the Resistance, were issued three times daily might be destroyed, and although by Japanese and Koreene, as with the appropriate emotions", and gine already to flourish in at beakfast, dinner, and tex.

be epoke ebarply, even indifferentig mines managed by foreigasre, ways the Manchester Guardian. the are frequented eohool of

Our head cock-his proper title ly, one suspected that the doctor

such as the Unsan, Saan, and That the tappiness and virtue science and economy: The old never leaked out wasa aavent, a was conscious that the utterance their usual rate. The output of gold Ohiksan "mines are maintaining of tom pity can in on way be gods change and give place to seer, an authority on navigation of each name meant from the Unssa, Sasa, and Chik-

#footed! be our forts isas but our infirmity falfils itself and weather signs, a man whose hammer blow to ecme body. Many

for making a little go a long way.ecene, grim and very earnest, decrease since last year. The A week's expply of carry and rice with the warships grey sgainst decrease is more marked this could easily be made to last a the warm background. As we

31

-

and

ه رئيس

FOREIGN EXCHANGE and Banking Businen

General Fransacted.

INTEREST ON FIXED DEPOSITS:

For 3 Months 3% per annum,

For Houtha 4% per annum.

For 11 Months 41% per annum LOOK POON SEAN;

Chief Manage?,

BANQUE INDUSTRIELLE DE CHINE.

Paid up

£2,500,000.

(15 of the Crpita, Is Franca 13,000,000 subscribed by the Government of the Chinese Republic) Chairman of the Board of Directors General Manager

André Berthelot." A Pernotte.

HEAD OFFICE:

74. Rue Saint Lazse, PARIS.

RRANCHES

PEKING

TIENTSIN

SHANGHAL HONGKONG

SAIGON HAIPHONG YUNNANFOU

BANKERS:

FRANCE. Brciété Général pour favoriser le Developpement du Comi merce et de l'Indeatie en France- LONDON... London County & West

minsies Bank, Ltd. NEW YORK... Redmond & Co.

Correspondents in the chief commercial

centres of the world.

* Interest on

Current Accounts and

parad: wborn abeardity, in many ways. Nothing profitethsenssof smell seemed to tell him castles in the sir had been an Mines accounts for 60 per though often implied by this bat a new creature. It is when whither he was sailing, bat an bailt daring the voyage. The cent, of the total output through defeative avviciem of the greedy, we remember these things, and atter failure at cookey. This was list was long, and some went at the peninsula. This means is refated by every moment of when we hear the extravagant a common failing with troaper down to their cabins sick at heart, that the gold from these three our lives. If we made no efforts claims made for reorganisation cooks. They were remarkable their dream lingering until it mines during the first six months for the support of ourselves and and the wild bopse based on it, follone, but oided really cack beasme a mockery. In the cabins of last year smounted in value to our families most of us would most of all when its machinery ising anything which the men bad between decks there was gram 12,280,000, and that from mines Subcribed Capital. Francs 45,00000

b7 Japaseee speedily be sisi ving, and, eince idalised as in itself an end, while to eat. The officers' ratione, of bling and swearing as the listed managed average morality is not of the the conversion of the individual to court, were handled byss expert, men prepared to leave, but soon Koreaus, to Y1,500,000 Conce. martyr's fortitude, nothing but gentleness, wisdom, virtue, sad and portions of their diet were a acute tenteness had gone from quently a decrease of Y800,000 on the workhouse could save de frem endurance" is forgotten, that, we joy in the palate, even in the all the faces, and resignation crept Y1,500,000 is by no means small. at least deserving the gaol. We could sympathise even with the galley. (I have shown sixpence to io, tinged sometimes with hamour believe that we can improve scepticism which sees in no.re the conditions of life for our form anything but a new shackles, and then a hurried the esme facetiousness that bad Big Chinese Factory for Dyeing.

swalicwing of something which saved the situation many times children, and that with improved upon the limbs of native freedom. should have gone down to the before. The worst had happened, A new factory for mercerising, conditions virtas, if sot morality We sra slway tempted to compare office mess. Corruption if you and it was either forgotten or dyeing and weaving is being built in the strict sense in which it is the elect sad forcible characters, like, but in a very agreeable ridiculed until home was made to at Huang kong, Yangtzspoo, by independent of circumstance, in which appear in all classes and form.)

seem & preposterous and most Mr. Tong Yuchen, a young and more likely to be achieved. There in spite of all government, with

The galley mid we were heid- inopportune desire.

enterprising Chinese. The capital need be no question bere of per mediocre masses, who owe their

ing for Malts. This news was After they had left as we coal-will be Tle. 400,000 and Mr. feasibility; it is something if we mediority to a system without topsed about from deck to deck, ed. The galley professed to Tong will be the cole manager of con slats off material brutalisation we forget that they would not and from meas to mees until the know the capacity of our bankers, the business. The dyestuffs will by keeping the wolf from oor have been respectable.

whole body of men aboard had so that sa we left the accions be supplied by Taug Han" Mow, doors. Only when the sphere If it is when we think of our heard of it, and yet it was turned Melita the rumour came down Dye Impoteza 157-159 Ros de proposed foroar activity is widea friends and families that we most dons by everybody witboot a that it was Gib," and beyond, Mission, eola agent for Swies. ed beyond that of our factions clearls recognise the necessity and moment a hesitation. Galley news, Late one evening that mighty dyes in this city, sad Tung are we driven to invent a theory to use if working for them, and though it was amusing, sven guardian of the Mediterranean Tai Company, on Kiukiang- scooont for our diminished even of organising life on their

occasion, and took as into ita rock basom, and Fokien Road, importere of aniline fasciastion од interest and to ask whether men behalf; it is in thinking of our though without it there would thence we passed out into dyes and obemicals from the have ever been made better, or aelves that we most question the have been

beavy speculation, a

and 888

turned United States. According to Mr. even happier, by Acts of Parlia-ficcliveness of such material coo.no hopes and fes18, Was our faces towards home. Now Tai Sha-loog, vice president of

ditioning. Only whi'e we are very

дете! taken eeriously. It Plymouth' cams down with Tang Tsi Company, the con- song can we amuse ourselves was therefore presumed that the porridge and sausage, and struction of the factory was with the pleasing grievance that our god ship was bound for Port this time our palees quickened, began two months ago and will had things but been otherwise, had said or Alexandris or "Gib.," or" and the turbines and the log be completed in four more value of personal services, fastene upon Governmental sction; nor we been richer or stronger or perhaps even Plymouth. And seemed to romp with us in our months. Mr. Tsi will leave for is it dificult to quote instances or better befriended, or lived in the men'e hopes, because, eo far, ecetasy. We felt it must be true. Japan to secure materials and other times or placer, we needed the galley had not issued a ecm. That pile aft beneath the tarpau. Tai is a business man of wide Brray impressive figure to prove

machinery for the factory. Mr. the mistaken sime sad the detail change in ourselves to be munique concerning Plymouth. lin, which was said to be a gun,

"good, great and joyous, beautiful It was almost a sacred name, and became a centre of interest, experience, ed blanders of Boards of Edu

having travelled cation and of Agricaltare. All and free." When we ponder it had a new and a tender sigui, although its breech had not seen through the United States about such organisation, it is arged, is oarceives more maturely, grumble ficarse. We remembered how it daylight since as put out to sea. a year ago. His son who has necesarily arcbaniosi, devised by so we may at fate, we know in cur appested in our history books, so Bat we felt that the submarine been studying the dye basiness Remote cfficiele ignorent even of hearie that happiness largely, prominent and majestic, a symbol that could stop our course had in Hamburg, for six years is now PEAK TRAMWAY CO.

held a prisoner of war since general conditions, and ages start though not entirely, fs8 ile of courage and prowers at sea, not yet been invented. ed it pats everything through the springs within us; that many men and we prayed that the cooke: There was one alarm, but we China has entered the ranks of same mill, ploughing up primere only scared by prosperity and would not mention it, lest the made Plymouth without mishap. the belligerents. pasture and training the gifted some indomitably cheerful in skipper should put in to Malta or and it seemed that the ship would shepherd for a discontented and every circumstance of hardship.

Gib" and stay there in defiance barst because of the great joy When we get united the of their prophecy. mediocre cffice-boy. But even in

within it. Yet one hed time Bothe rumoar war canvased, whilst walking down the gang- our own bouseholds we cannot two characters, that of the indust aroid mashivery if we would rious idealist and that of the and the thoughts that sprang way to think of those left behind escape chaos; and, human fore-enisl neighbour with bie gift for from it formed a distraction to at Malia, and to hope that they, eight and energy being limited, friendship among all ranka and

thoes others that were never too, would some day find a we shall make mistakes in order callings, we come near perfection. wholly absent from our minds, galley which was right when it ing the outlay of our gardens and Unhappily the two talenta, most. For to be at res on a ship that said "Plymouth." cer children's echooling which often seem antagonistic. There might go anywhere, and yet to Desh, in the Manchester gurdian might have been escaped if, with fie spt in the theorist to be some realise the faslity of a well-

ment...

In its most plausible form each

criticiem, tacitly admitting the

01

4

Arthur W.

us fl-gging attention, we could thing chilly, something careless directed torpedo, was to contrast have executed all ourselves. Who of the individual life; and in the very forcibly the days of Haw wants a thing well done does it other fome easy contempt for kins sad Drake, when strength Sight Restored by Thunder Clap, abstract #yeteme. We come back to was scarity, with these, when s himself, bat to try to do every

beings, to prosper moderately, mast specialize, and delegate some of their proper business to hirelinge.

Telegraphic Address; CHIBANKIND. Fixed Deposits in Lecal Currency and in Gold Terms on application.

Every description of Banking and Exchange business traumcted

Special facilities for French exchange.

M. ROUET DE JOURNÉL, Manager. HONGKONG BRANCH,

Quren's Building.

5. Chater Road

NOTICES.

NOTICE..

Tel £440.

BANKS

HONGKONG & SHANGHAI BANKING CORPORA-

TION:

Paid-up Capital .........835 000 000 RESERVE FUNDS:

Sterling

£1,500,000 at 2/-

***$15,000,000 Silver...$19,500,000

$24.300,000

Reserve. Liability of

Proprietors ..............................$15,000 908

COURT OF DIRECTORS. Men: Mr. P. K. Boiyon? Chalu an G.T. W. Eakins, Esq.-Deputy Chaires. B. E. Dodwen,

Pattrades, Mathe JA Plumper, Eq

0.5. Gakbay, ac

Hen. Mr, D. Lasdan, Eva, Mr. E. She E. V. D. Part, Ero

CHIEF KAYLO

Berg N. Stabk, Bran

KATIONS

Shanghai, G. Stepben, Esq. London Baier-London County Westminster Bank, Limited

Hoartang-Interest Bed

"Co Cerrent Accounts at the rate of 1 pat gang me

ON

DETOSITI.

For 1 months. If per case, par ASKEDį

Fer & menabs,

It is mouths

per cunt, per a

per cont. par anzen!

N. J. STABE.

Chief Manager.

HONGKONG SAVINGS BANK THE Basises of the abow Eant is conducted b the HONGKONG AND SHANGHAI ZAMKING CORPORATION, Relee may be obtaland en application INTEREST on depoalır fi, allowed on the innkee lum mouthly kalasces at fjł per paza; par an, Depositors may manafer, at their option, kinaCHE of $100 or mors to ths Hongkong And Shemal Back to be placed on

DEPOSIT 4

cest per $324.

For the Hongbong and Shanghal Banking Cupse 1100

N. J. STABB.

Chief Manager.

THE CHARTERED BÅNE OF INDIA, AUSTRALIA AND CHINA

lecorporated by Boyal Charte: 15. HXAD-OFFICE:-LONDON

PAIDUT CAPITAL RESERVE FEND RESERVE LIABILITY (

PROPRIETORS

or

FORMIGN ZICHANGE and Gazers! Beading

baddest treesacted. COBRIST ACCOUNTS opened and Fa DEPOSITS received for 1 year in anorter periods rates which will be stated on application T. C. DOWNING,

Manage Hongkong, 11th April, 1912

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office 15, Gracechurai

Street, Londor.

Authorised Capital ......£1,500,00€. Eubscribed

Paid Up

Reserve Fund

m

BANKERS The Back of England.

The London Telat Stock Back, Lim

Today

alentia

Columb

Delbi

Calle

BRANCHER

1.125,004

862,36x

650,00B

Kota Bhar

Kanch

LIMITED.

Koi Lam

Madras

TIME TABLE.

Penang

Hongkong

Rasgoon

How st

Shangba

Kandy

Flagapor

100 AN 10, 180.00 A. M.

M

Pest Loots (Matitos)

* MA

KOLK

LUTX

LA 726 10

LIET.M.

EXCHANGE.

5.10 2.3

5.84 2.3013

8.00 7.3L

15 S

NIGET CARS.

10 Morn

EN YOL and 3 236 1,30 60

11.00 val. atary balf hour.

every quarter of so hous

BUNDATE:

PONGKONG BRANCH,

Every descripsis of Banking and Euchast basiness sucied.

Interest allowed on Cerrent Accounts ar sparsa. per annum on Dally Balances, and on Fized Depost ki races which may be ascertaised on applicazio

C. CHAMPKIN,

Acting Manager.

ཟ་

SELLING.

T/T

3.43%

...

Demand

3/414

MOR ALM. 10

STAY :) :

11.00 4

130 d/s.

3/49€

24.04.2010 226 Noon

10' Mix 14 Ka

60 dB......... 3/434 4 m/

100 10

1.30 7.

3/47%

4.50 210

14 Max. 10 MX

Nom.

4.06.

14476

thing is to do all badly; fnite the types of Milton and Shelley thousand men could be blown to thander, Private Peter Sheridan. T/T Japan 14934

on the ope band and Keala and Shakespeare on the other. If we try to grasp the truth of both viewe, organisation must be regarded as the machinery of life,

***

Nom.

Nom. 8014

Awakened by a terrific clap of T/T Singapore

IT Shanghai.... atom by pressing an electrio South Lancashire Regiment, of T/T India butts, and small things, being Ormskirk, who had been blind Demand, India fortiled by soience, were great through shell ebock for a year, bas T/T San Francis-1 and formidable.

recovered his sight, The doctor Early on our fourth morning at

co & New York) but it is a gratuitous stupidity to ligious or philosophical sense we "Mir! Malta!" The galley manent.

that the "recovery will be

T/T Marks. Nom. elevate them into car ideal and

T/T Francs...испрат 4.59 to pour scorn on the generosities as the life itself, the end to which machinery ie an diepen-

Demand, Paris ...... 4.5914

BUYING.

These limitations are necessary, and culture, in the almost reges there was much excitementy, it is an effect of shock and TF Java, 153 ·

of living intercourse se e mere gable mesme. But it is a fatal tinkering in the laske of rotten though common error to divide system, It may be that any our existenes barebly into six daye

should particular eyelem

be of scullees drudgery and a Sab. ecrapped, bat whtever replaces th when the week's routine may it will itself only be kept water well have left me too dall for tight by the patient good-will of

anything bat a debauch of thaee abo man it. I have taken sentimentality. The opposed part in a discussion by working met boda ste theoretically capable Socialista upoo S: Francis where of a more real synthesis or inter- it was rericoely argued that biepretation, to which even practice life and character, bowever

my approximate, if we remember attractive, mest be condemned as thes on the one hard, in its ideal, uneconomic and ne e colpable organisation would cease to be palliation of corruption !

mechanical" by carrying insight But the old preveiling leaven and interest into every detail, and of lazine.e and dishonesty will on the other that, just so far ́infect the new order as it did the as the personal relations of othere; presbyter is bat priest man with man could become writ large, graft vents our avarice universally wise as well as as well as did the rotten borough, benevolent, the need for external and the taint of tyranny which organisation would d appear. descended from the elave trade to By this road oar public activities the individualism of expital will, would be vitalised and our per- be inherited by Bocialist bar-sonal contects ordered, till the saacrtoy. If we envisage the ucliceationa anarchy which League of Nations itself as a already replaces parental suthor- majority police rather thau as sity in most well-conditioned new spirit, clothing itself, no familiee might effico for our doubt, in come external sanc. Utopia aleo and the laws be tione, we must expect to find swallowed up by charity. In the both arimizale and conscientious meantime it will be samething to martyri defying it, as they have be discontented with either

Cha, goardians of the Kinole, matbed in irodatiem,

per-

VISITING

4 m/s. LIC.

THE HOME OF

4 m/s. D/P.

6 m/s. LIC.

30 dis. Sydney &)

3/556 3/594 3/6 3.6

Melbourne

30 d/s. San Franc-Į

8114

isco &NewYorkf

4 m/s. Marks

Nom.

4 m/s. Franes

4.74

6 m/s. Francă

4.79

**

PRIMO

BEER

STOCKED AND SOLD

BY ALL

WINE & SPIRIT MERCHANTS, HOTELS & CLUBS. H. RUTTONJEE & SON,

WINE & SPIRIT MERCHANTS.

Demand, Germany.. Demand, New York, 8034- TT Bombay ......... Demand, Bombay... Nom. T/T Calcutta

Demand, Calcutta... Nom, Demand, Manila... 161. Demand, Singapore. 1447% On Haiphong ..... 114% prem. On Saigon ........ 14% prem. On Bangkok......... 4554 Sovereign..... 585. Gold Leaf, per oz... 43.80 Bar Silver, per oz... 4813/16

SUBSIDIARY, COINS-

DISCOUNT PER $100: H'kong 50 ch, sub.

10

Centra

par.

$150%prem. 514% 6.

MENT DARX að tu Wars Daya

·RATURDAYS:

Eric Car 11 Midmicha

STOIAL CARD

By Arrangement at the Company's Office Kazandra Fežilinga

Des Vacs Bod

*Benson sad piazz that avertible for all

Ah, e de omzined ei application at the Chngay's Office:-No Basson cakes wil be baseči, mutta payouts iberator bar been mede En Bank Pós or by Chegas or Campradore

ander zugewanting Back Scie,"

HORAK D. KTU MEHREYS & 00 S

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.

(Capital Paid up...$1,250,000.)

Fares en Batongs of Konas Property, des.

mantred's Boorage. Atenaseni mada su MarelandNG TO MAKE das Provident Spiazz

PEORIA, KIECUTOR OF BELLA, KUROSTAT, A«, Undertaken and Timecial, Rates and Partimulare en appčoNNER} To the Offer af SHEWAN, TOMES & CO.,

General Managers":

MARTIN'S

APIOL & STEEL

HaumPILLS

|Hamedy for all immediarities. CANOSA LAKKg shogy king a bar of Semester Kala ja iha house, sọ thalam Mis dest GRUNGE My Izzsetianity of the hyales, a They do sony ke sdraintaterad. Thuan Whe Psocopeană Lian, bebot Eseteance- maka anh, dll Glamists and Bows sell thera Pasundan You World, or pod tim da MENIAN CHITRA, #FARLIínpion, gä

MARTIN'S

APIOLSSTEEL KOMPILAS

INTERNATIONAL BANKINⱭ

CORPORATION.

READ OFFICE NATIONAL CITY BANK BUILDING.

}

Oh, Wall Street, New York.

CAPITAL AND SURPLE US, $6,50076.M UNDIVIDED PROFITS

$1,713,000 00 H.T.B. reez. President and General Manager. Leara Cepper: 26 Biberagate. F.C. "Has FairCisco Orex 5:22 Montgomery Street FAR EASTERN BRANCHES: CHINA: Shanghai; Poking, Tientalo, Hanks,

Hongkor Cason.

JAPAN YOclams, Krbe. PHILIPPINES: Dil, Cebu. INDIA: Bmbay, Calenta STRAITS SETTLEMENTS: Singapore: DUTCH EAST INDIES: Paarl Booraya

WEST INDIAN AND CENTRAL.

AMERICAN BRANCHES:. REPUBLIC OF PANAMA:

Colon

DOMINICAN REPUBLIC: Bento Dre ́ogo, Sen, Patro de Necorin Santiago, Puerto PLACE. In addition to our rateber, by ranson of our close Elation wi

KEPUBLIC OF COLOMJU · AND.

THE NATIONAL CITY BANK OF NEW YORK we are able to diet the faces of its branches at Päbis. Buenos Aires, CHILE, Gena Revand Montevideo. Yoseon, Petrograd, hio de Jaarim San Juan, P. R. Sanlig Cuba, Hantor fan. Paulo, Valparairo.

CHINESE MERCHANTS AND INDIVIDUAL CHINESE DEPOSITORS ARE OFFERED EVERY MODERN BANKING SERVICE

Commercial and Travelers Louers of Credit, BCH of Exchange and Cable Tratatrin bought and raid,

Hongkong Branch, 9, Queen's Road Control,

GEORGE ROGG, Manager.

THE

YOKOHAMA SPECIE BANK

LIMITED.

Established 1880... Authorised Capital Yen 48,000,00€ Paid-up Capital 42,000,000 Reserve Fund...... 23.100,000

"

Fead Office.-YOKOHAMA ;

Brazinbes

and

Loudm

Ben A' TER "Lyona

Calcartie Changabiz Dairem

Brogtien

Downgsics

Apporter Ben Prazolest

Bhangbai

BAKE..

• Masila

Newbang.

SourabaJE

Box York

Fhicbode:)

Comica

Peking

Tokyo

Kel Yoep

Bargons

Trinsafd

TAGGRY

Berbin Hankow [Hoontaita

•Uotrest showed en Current Aceɔena Dej się received for fixed perioda se rates to be the sed

Da spplication.

"EISHI ONO, Marazgi

ཙྪཱ ཎྞེན