1919-03-01 — Page 10

THE HONGKONG TELEGRAPH. SATURDAY, MARCH – 1, 1918,

COMMERCIAL NEWS.

NAVY CONTEMPTIBLES.”

WHAT THEY AC- COMPLISHED.

NEW STEEL EXCHANGE. Applications for membership in a new iron and steel exchange, that was to have opened in Lan-

THE KAISER IN EXILE -

| HOW HE SPENT CHRISTMAS,

Amerigen, Halland, Deo. 20. The Army often refers with-Dreadful irony and hollow mockery though it seams, the ex- Kaiser, the man against whom the world is drawing up a terrible indictment, did homage to the

the Christmas customis, Christmas spirit and observed

don on February 11, numbered pride to the doings of its "Old 450. The exchange is established Contemptibles," but the Navy to of has good reason to be proud of its primarily for the purpose

"Old Can- securing a meeting place within special breed of the city for all persons engaged temptibles"--the akter battleships in the iron and steel trade and and cruisers that have rendered also, if necessary, to undertake such valuable service. arbitration in disputes among members. Other objects are to establish fair and just principles for the trade, to see that the com- mercial customs and traditions of the trade are preserved, that the decks, no bugles rang out to helped place it in position and of show they were alive, no flags light the fairy candles and stand- classification and grading goods be adjusted, that reports duttered at their sigual halliards; about the industry be disseminat-outwardly they were mere relics, ing beneath he played his old ed abroad and that the interests of the trade and allied trades be promoted.

STEEL TRADE BOOM. It would not be easy to find a than more appropriate place Shefield to open a series of broad surveys of Great Britain's task

in the transition from war to

For the fallen monarch, his Before the war most of them swung round buoys or lay in cunsort and their entourage, a basins in the more remote parts Christmas tree was brought to of our naval harbours. Scarcely the suite set apart in the castle for a man was to be seen on their him. With his own hands he

role of the Prince of Peace. He From time to time a working handed presents to his companion party from the dockyard came on in exile, though the thoughts that board to scrape the growing weed from their sides and to see that must have been in his mind were their machinery was in order. Inknown only to his Maker and the

summer would come the himself. manoeuvres, and for a fortnight the old "Baltic Fleet," for such they were contemptuously termed, came to life again. The manoeuvres over, the old ships would return to their lonely billets.

Ou Christmas Ere the tragic- comedy was played out as in the Prussian court, and in the strictest

of the Bentinck family set foot in privacy, for not even the members the suite of rooms where it was staged.

ANDERSEN, MEYER & CO., LTD.

Have removed their Offices

from Hongkong Hotel Mansions

to

No.

Queen's 2

Road

Central.

peace conditions in industry. of the Ninety-five per cent. productive activity of Sheffield has been directed to the output

But in 1914 it so happened that of armament, munitions, and an

the "Old Contemptibles" had Rising early on that mournful immensely varied war equipment. been aroused from their Rip Van anniversary morning. Wilhelm The roar of its furnaces and the Winkle sleep in time to hear the went through what is now his clangour of its vast workshops sound of Drake's Drum on daily routine. After having been have never cessed for four years. August They had scarcely massage be one of his soldier GERMAN VIEWS AND NEWS. Its cloud of smoke by day and its returned from the great Spithead attendants, la breakfasted with pillars of fire by night have been review when news came that the ex-Kaiserin and then for an

constant symbol of the sent them

on journey from hour paced up and down the AN ECONOMIC prodigions energy of the city which many of them were never corridors of the castle, the only

even in the to return. Nowhere else,

exercise he has been able to take industrial North, can be found quite such a concentration of

in the last two weeks Lunching

the

directing energy and human toll As in the huge steel works and

engineering shops which

together in crowded

Are

these

"

Their decks were once more

alive with men, their grimy old hulls shivered again with the roar only in company with his cou-

PARLIAMENT.

London, Dec. 31.-There is an

of guns, and the ancient engines suri, he devoted the afternoon to interesting movement in Ger throbbed away steadily for days writing and reading letters and many for the establishment of d on end. Soon they found them-telegrams.

more or less permanent economic

to blockade

..

deep smoke blackened valleys elves in the haunts of their Of these an extraordinary num-Parliament. A meeting of a Sheffield boasted a great indus- palmier days: the Mediteranean, ber continue to arrive every day called "Constituent Assembly

To- trial output before the war.

the Atlantic, the Pacific, and day its capacity is enormously

cot all reach the addresses, for of the first German Economic greater. Its largest works have many other seas welcomed them from all parts of the world, though

was held in Berlin been extended, new works have as old friends.

And so, while the Grand Fleet many are intercepted by the Court Congress" been established, small pre-war factories earning a precarious protected the shores of the old Chamberlain. Lieat. Col. ron just before Christmas, and w38 living for their proprietors have country, the old ships guarded Moltke. After dinner the royal been transformed into ample and the distant seas and possessions, exiles, with their entourage and attended by more than 600 dele- perfectly equipped engineering They boarded ships and many a servants, went to the salon, where gates of Chambers of Commerce, shops. Now war work is rapidly valuable prize fell to them; they the Christmas tree was standing Chambers of Artisans, Economic neutral and where gifts were exchanged. Associations, and Associations of decreasing, and the thoughts of helped all men concerned with the in- harbours and to bombard enemy what the suite received I have Employers and of Employed.

Herr von Kardorf, a well- dustries have turned to the future ports; they kept raiders at a dis-been unable to learn but to each and its prospects and problems. ance and acted as "floating forts" of the ex-Kaiserin's men servants known Prussian official, outlined Reconstruction is no mere ac-in

of our unprotected was given a gold scarfpin with the objects of the Congress as ademic word in these northern Colonies. Now and then one of the letter "W" enamelled on it follows:-

It is too realistic to be them would be sunk, and one To each of her attendants the

1. The German Economic Con- present in some of its aspects more ship "of an obsolete type" ex-Kaiserin presented a bracelet.gress is born of the needs of the and it involves great risks as well was added to the casualty list.

Some of them shated in the The mournful "festivities" time, in order to bring together as possibilities which were un dreamed of five years ago. In Falklands victory; others found were arranged by Major Gen. on a peatral platform and with- spite of this I find generally a their last resting place in the Otto von Esdorf and Count out regard to party politics the refreshing optimism. even among Dardanelles. Later on they found Moltke, while the presents were creative forces in steel makers, who, as a body, have themselves escorting convoys; no ordered from jeweller at The industry, and agriculture. perhaps more disconcerting pro-raider would dare to approach Hague.

2. The Congress will aim at blems and an obscurer situation them, old as they were. Finally

On Christmas morning Wil-expressing the views of all those

centres.

some

commerce,

.

VICTORIA THEATRE.

"THE DOCTOR and THE WOMAN"

..

A JEWEL PRODUCTION.

(Founded on Mrs. Mary Roberis Rinchardt's famous Novel "K".).

Featuring-

TRUE BOARDMAN as “K” Le Moyne. Mrs. CHARLIE CHAPLIN as Sidney Page.

Will be shown at the Victoria Theatre from 3rd March.

Do not miss, seeing this magnif cent photo-play and book your seat early to prevent disappointment.

to face than the director of came the achievements of the helm attended service in the engage in economic life upon

of the some

other staple Vindictive and her sisters. trades of the city. It is ad-

To-day some of the old ships private chapel at the castle. It the fundamental quer ons of the mitted candidly that the armis-

are back at their moorings, but was conducted by a clergyman new economic system of Ger-

the Lutheran many. tice came as a surprise, and

there are many vacant billets in belonging to found most firms either unpre- the anchorage. The Navy's brotherhood established at Zeist. The Congress will lean pared for peace or with plans only Old Contemptibles" have fully Only the fallen monarch, his con-

apon existing economie associa partially worked out. But there paid their tribute to the price of sort," and their entourage weretions, which will send delegates that the best possible distribution

present. The Bentinek faz ily to the Congress; distinguished of the barden must be devised.

The

has been some hard thinking dur- ing the past few weeks. transition period may be prolong- ed a little owing to demobilisation delays, to lack of raw materials, to the difficulty of obtaining new machinery necessary for develop-

rrent, and to some uncertainty

Empire.

had its

Professor Max Weber, of Hei- delberg, who seems to be coming to the front in Germany, is re-

Christmas Eve OWL

men of economic theory and celebration in 3 separate part of practice who do not belong to the castle, also going to these existing organisations will

ported as follows:- village church..

also be represented.

Politically and economically 4. The Congress will not sit we are under foreign rale; econ- meet amically we must expect to be continuously, but will

We need whenever fundamental economic dependent on foreign countries questions are to be cleared up for decades to come. and definite demands are to be foreign credits for our feeding and the reconstruction of our raised.

A proletarian Herr von Kardorff said that economic system.

CHINESE AT PEACE CONFERENCE,

Afterward Wilhelm paced the Dr. Wellington Koo, one of the Chinese Delegates to the Peace corridors for an hour, while the about the prices of iron and steel, In spite of all this, it is confident Conference in Paris, has recently ex-Kaiserin, who is much thinner a telegram to the but looks well, walked in the ly believed that transition will addressed be easier in Sheffield than in Peking Government to the effect grounds with Countess Keller, some other centres, because in that he has received great help one of her oldest personal friends many of the largest works little from the British and French who came from Germany with! or no adaptation of plant will Premiers who, in adventing her. All the members of the to required. This remark does justice and right, have promised entourage, including the servants, the German economic system Government will never be able to not apply to the new shell-making to do all they can in helping who formerly lived in hotels in was a pile of rains, and while reckon upon credit support from factories, which will in future be China. The Government is, ad the village of Amerongen, are there was no desire to compete abroad and there can hardly be turned over to general engineerised to telegraph its gratilade now lodged in the castle in with Parliaments, they would be any questions of establishing a] ing production. I find compar atively little unemployment in to the two statesnen.

the city at present. A number

of women have been discharged

owing to the stoppage of muni-

8000 release

BLX

the

as engine

There are

APEXIOR

Absolutely

Stops and Prevents Corrosive Pittings and the Adhesion of Hard Scale.

YOU LAUGH AT BOLLER

CAN

order to be kept under the so fully occupied with con- Socialist system; one may, in- stricter surveillance of officers, sitational problems that separate deed, say that there has never whose rank is merely nominal, aa treatment of the economic pro- been a time when the activity of they have resigned from the army blems upon which the existence the capitalists was more necess If the present economic tions work but I am informed articles which are partly or in order to remain with the exiled of the whole country depended ary. that thousands of men can be wholly made of steel, virtually Emperor. Major Gen von Es had become necessary. The Con- chaos continues for some months, re-absorbed, especially in the all other industries depend upon dorias is a former commander of gress would be able to give expert not only will nothing be left of advice on the best form of taxation. the war profits but the working steel works and the cutlery. this one for their machinery,

tools, and other the Metz garrison. and electro-plate trades,

Army can equipment. From the inform-four soldiers who act as the ex- Germany would in future be de-capital of our industries will for I сад gather there Kaiser's body-guard, and seven pendent mainly upon her own the most part be lost, and our them. No questionation

into is very little prospect that steel other men-servants one of whom, agricultural production, which, industrialists will end by being centre already confronted with will be cheaper for a long time to Otto Krager, was been bis barber would have to be developed to the nothing but the employees of the Herr Edward Bernstein, the promote internal colonization. an unemployment problem arises come. Indeed, in the immediate for ten years and still shaves him utanet. The Congress could also Americans, here. Sheffield is regarded by future it is likely to be progres daily, N. Y. Times.

Arepresentative of the Prussian Socialist leader, cordially agreed .many people as mainly a cutlery sivély dearer, as the State subsidy

Ministry of Commerce supported with the proposals. He said that use by the-- city. This branch of the steel on iron is gradually taken off.

the idea of the Congress, and the the exaggerated demands for industry is still important-ao Many people in the industry

Secretary of State for the Im-wages were most regrettable, but are the silver and the electro thought that the subsidy policy

perial Treasury, Herr Schiffer; that it must be remembered that plate trade--but the prosperity of was a mistake. All agree that embarrassment and uncertainty Sheffield primarily depends upon

is The Peking Government is in expressed the utmost sympathy, the wage problem was really a until exist its vast steel industry, and the must

abolished--and · the receipt of a telegram from the pending an official decision by problem of prices and of credit fac£ Tak! You geserience in wiced finally - prödaktion lás (måt muthallenged marketidas restestébébited ›ftækit former Chhom the best kabŠIL

of demobilising -men

is

REPATRIATION OF CHINESE.

irvaite will special enteraad Thefface off woprensa interest, to Mr. Yoo Hani chiky, nem&Den de(Cheran, kunnat kovmakka its ipost-war (problems. The the gentsil public card to rusan makk, vitkinng tänkt sưCARTERERS problems do not concern merely ufacturers father industries "tement has beetrecently madewithao they would succeed in/over-

fall,

Also

BASIS 98

#USING

NOT A

LIED WITH A BRUSH, BOILER

FLUID

No Heat Retardation. No Zinc Plates needed in Boilers treated with this compound!! The only known Efficient Preventative of Cor- rosion in Marine Steam Turbines.

BRITISH, U.S.A., FRENCH, ITALIAN, JAPANESE, ARGENTINE AND CHILIAN NAVIES:

//Canard, Orient, Allan, C.P.B., Johnston, Atlantic Transport, Unión. Castle, Elder Dempeter, -omson-wealth- and Dominion, Anglo- Alisilona CDR (W, FHaldson I Buy Do, Eladás FStass. “Pavle

Agents for Hongkong & South China -

the political the steel manufacturers and their that cost will remain high. By the German Government to send coming their gravest difficulties, the scheme, and it looks as if works. It is the supreme key and bye economies to production all the Chinese residents there to Herr Schiffer agreed that ques provided that Industry using the term in its may bring a decrease, but at no Denmark whence they will be sions of texation would be of situation is not entirely upset, THE EASIER ASBESTOS COMPANY,

economia Parliament for the widest sense, and the cost of time is the price of anything which many commodities to the con- is largely influenced by steel Hke sent back home. The Govern extraordinary importance, and Germany may really establish an cost of steek. Apart from the pro approach anywhere near the paration for their reception pro

pre-war figures..

whole country,

QUEES'S BUILDING, CHATER ROAD, HONGKONG.

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