1919-03-31 — Page 4

:

THE HONGKONG TELEGRAPH.

DEWAR'S

“IMPERIAL'

AND

“EXTRA SPECIAL

**

SCOTCH WHISKY.

SOLE AGENTS:

WINE AND SPIRIT MERCHANTS,

TEL.

616.

Correspondent's are requested to observe the rule which requires them to forward their names and addresses with communi- cations addressed to the Elitor, not necessarily for publication, by as a evidence of their bona fides.

NOTES AND COMMENTS.

HONGKONG'S FUTURE,

MONDAY, MARCH 31, 1919,

DAY BY DAY.

TO MOST · GOOD THINGS COME

HUSTLE WHILE THEY THOSE WEH WAIT,

The recent launching of the 8,000-ton steamer War Sniper at the Kowloon Docks, and the fact

Saturday's health return shows that the Company has five sicilar ships in various stages of com-air cases of cerebrospinal fever pletion, point to the splendid (three fatal) and two fatal, our facilities which Hongkong offers roures of plague. All were for shipbuilding. During the war. | Chinesa. this dockyard, and the Taikoo establishment as well, have done

The total output of the Kailan much to illustrate what this Colony is capable of so far as Mining Administration's mites: retiring President of the famous i to 74,425 tons and the Institution of Shipbuilders and sais sluring the period to 60 Engineers pointed out in his as tous,

CURRENT COIN.

'forward contracts with the in- !timation that the numbers:

of the shares purchased have

[BY “MERCARTOR")"

CORRESPONDENCE.

Tall up"}

not been entered on the contract To the Editor of the “Hongas by mutual consent, when thore has been po. actual mutual Is that the dignity we wiali UNIT Stock More of

The sensation of the week in consent financial circles in Chins was the which

adgent delivered in Shanghai Exchange to aspire to? by His Honour Sir Havilland te that anon Sausuarez in the action brought

•

>

*

EUROPEAN FOOD PROBLEM.

Sir,-On the 17th, March, 1919, Rauter's Agency, amongst other items of news, published the following

ship construction goes. As the for the week ning March 15/have its effects, must be per-satisfied with accepting it as mission of supplies to the newly

by en

THE HUNGARIAN SITUATION.

All communication- intended for publication should be address-clear us day that the country has ed to the Editor.

Business correspondence should be sent to the Manager.

The rate of subscription to "The Hongkong Telegraph" is $36 per annum. (Payable in Advance)

Subscrip The rate per quarter and per mensem, proportion . tions for any period less than one month will be changed as for a full month.

The Hongkong Telegraph" is delivered free when the addressee is accessible to messenger. Peak subscribers can have the.. copies delivered at their residences without any extra charge. On copies sent by post an additional $1.80 per quarter is charged for postage.

Single Copies. Daily, ten cents. Advertisements and Subscriptions which are not ordered for a fired period will be continued until countermanded.

The Hongkong Telegraph" is now on sale at, and will be delivered to subscribers by, the Dairy Farm Company, Ltd.. Shansen, Canton, who are our agents there.

The Hongkong Telegraph

HONGKONG, MONDAY, MARCH 31, 1919.

THE LEAGUE OF NATIONS.

resolved

to

The

local

branch of the

C

3

to

The purpose

meat

Z. VOLPICELLI, Consul General for Italy. Canton, 29th March. 1919.

ALIEN PARTNERSHIP

CASE.

JUDGMENT DELIVERED

TO-DAY.

#

The claim was in respect of (1)

goods delivered to Chinese dealers which delivery had not been and not paid for, (2) goods for taken and which had been re- sold.

by a broker, Mr. GJW. Morgan, His Honour Sir Havilland de

"Washington March, 7th.-The against his eliens, Mr. A.C. Mack,Suusarez's judgment is a remark- United States has warned Italy for Taels 14,666 on certain for- [able document, and we for our that unless the latter ends the de- ward share contracts, Law, to part would certainly not be tags being caused to the trans-

manent and stable. We may have final. It is hoped that Mr. Mack (established Jugo-Slay and Czecho- law, or we may have no law. will be prevailed upon to carry Blav States, steps will be taken to but we canot have half a law. it

the Privy tu

Council, cut off the supply of American We must either have a rule of Counsel for the broker described foodstuffs to Italy.

I am now authorised by my annual speech, dockyard owners.

action or be permitted to get by the King's Regulation EA

Government" to contradict the have kept pace with the times

The Wigwan Lawn Tunis discretion and by chance. Wisely a sweeping one which eut right

false

news disseminated by during recen years larging their establishments, and Club was 15 har held a Spoon has it been said that he who across the ordinary course of the Reuter, which of course, could though that circunstance has not Competition, on Sanrday, but would go to law must have a good † well-anderstood business which not have been believed by those A Competi-cause, à good purse, a good at- had been carried out in Fugland who know the Italian character. been a fully taken advantage of the rain interferod, as it might have been by the tion will, however, be held next sorney, a good advocate, go without similar restriction for a We have the custom of being Home Government in the early Sunday, weather permitting. evidence, and a good judge and good many years. The fact was generous to a fallen foe. Since the stages of the submarine menace..

jary-and having all these goods, that the King's Regulation re-Armistice we have been feeding what has been achieved will be

The departure from Swatow of unless he has good luck, heferred to made such contracta, as Austria, and during the war we sure to add to the fature status of Hongkong as a great shipbuild-the nine Germans who were to will stand but a bad chance of these claimed under by the treated the Austrian prisoners so

success. Law, in its present state, plaintiff, illegal.

kindly that they erected in one A. S. WATSON & CO., LTD.,ing and engineering centra. Seeds have arrived in Hongkong per suce or hodox in religion, is of this particuler King's legula. of their campe a rough monu-

Dante, as have been sown during the war 8. Haitan yesterday, has been which will bear fruit in the days delayed. They are expected to mystery where reason ends and tion was to stop, or, at any rate, simple token of their sincere ahead, for there is no doubt that reach the Colmy in about ten faith begins Society knows puta check to, irresponsible gambgratitude. If further proof were nothing about it but by means of ling. After the King's Regulation required, it is sufficient to point Hongkong has a big future ahead

lays time. in this particular respect.

the lawyer. A digested code of was passed, a meeting of the out the fact that while the greater plain, undeniable legal principles. Shanghai Stock Exchange was part of Europe is a seething Mr. Hall, of Messrs. Lo and La, founded on the morality of com-hell, at which it was sail that cauldron of unrest Austria, up to attended before Mr. G. N. Orme this morning and asked for sense applied to every day's the effecs of the Regulation would the present, has been in a state of of the remand in a case in which turned down as

transactions, might any day be, be to regulate dealings in forward relative calm, thanks to the in Of the seriousness

the King's business aud

eliminate telligent and humanitarian as- Hungarian situation there can be Chinese was charged with being

sistance of neighbouring Italy.— Regulation made by Ilis irresponsible and reckless gam-I have the honour to be, etc. no doubt, for the evidence is as

in possession of four lbs of loos opiam. Bail was fixed at $500, Majesty's Minister, ruling for bling, and that the new state of taken Bolshevism into its bosom.

ward contracta illegal, has been affairs would uphold the dignity The Government has, in its the case being remanded until to-construed by flis Honour Sir of the Exchange. The Committee Proclamation, laid the blame for morrow.

Havilland de Sausmarez as of the Stock Exchange applied this development on the Entente.

being not within the power of the King's Regulation to the con- the decision arguing that

suet of its business by refusing occupy part

of Hungary is American Express Company has the Minister to make.

recognition of any transaction in intended to facilitate operations offered a reward of $200 for the There is always something a contravention of it. For two against the Russian Soviet troops. apprehension of G. F. Alves.little ludicroUS ubout

the years they managed to enfre with whom the Hungarians have formerly resilent in the Colony, spectacle of a share broker in this rule, bar at the end of May, now

to join hands. who is alleged to have stolen pursuit of his legal remedies. 1917, a resolution was adopted But unhappily for the Hungarian leven of the Company's "Trait is hand to say why, but, like a that "the rule enforcing numbers His Lordship, Sir William spokesmen, the fact is Ovellers' Cheques" fron & Mr. W.sailor on horseback orn Quaker on all forward coutracts be Rees Daries, K.C., Chief Justice, confirmed from the Buda Fest

at the play, it suggests that in abolished." Why was the rule delivered judgment this mor correspondent of a German paper Kievits, in San Francisen.

congruity which is the soul of rescinded? We that the situation had become

thatning, for defendant, with costs in presume Entente To meet the insistent demand things humorous. The Courts are, there is not much scope for the case in which John Owen untenable before the Note was delivered. This author-for seats, the A.D.C. has decided of course, as much

pen to legitimate share dealings on the Hughes, the liquidator of the trade ity says that the demands of the to give a popular matinee on brokers as to any other members Stock Exchange. The raison and personal affairs of A. W. A. unemployed and the communists Thursday, 31 April, at popular of the community, and, to do them detre ufany Stock Exchange is to Sander, Weiler and Company, and Becker, a partner in the firm of had become most excessive and prices, namely Dress Circle sal justice, the share brokers in China euablon bayer and seller of shares Harry Wicking and Company that all the Cabinet's concessions Stall, 82; Pit and Gallery, 1; have shown little lisposition, to to be brought together through sued Chiu Wah, to recover were ineffectual to stave off the children at hall price. This is enter into them owing to the fact the medium of a broker. Under damages ammounting to $65,000 Revolution which was pending. So, when the Entente Note Positively the last appearance of that forward transactions have the circumstances the buyer has a under a compradore agreement arrived, Count Karolyi seized the inkie and her friends, as the been declared by virtue of Urdu-right to demand that the stocks made between an enemy firm opportunity to represent himself fairies are baked for other ances and King's Regulations as he has contracted to purchase and their compradore, and the as the friend of the Proletariat by parties.

illegal and dull and void. As exist and are not in the air. defendant, who guaranteed the laying the blame on the Allies for

the law stol in Shanghai. From the decision of the Shang. compradore agreement. forcing the Revolution.

The annual dinner of the broker could recoverang sum from hai Stock Exchange Committee University Engineering Society a principal as an indemnification we can reati unly one clue and will be held in the Great Hall of for losses suffered. The law in that is the proportion of legitim- the University on Friday next, Shanghai with regard to share ate business will not permit These appear to be the facts of April 4th, at 7.30 p.m. It is transactions was clear eucagh, share brokers inaking a go Much time and attention have been given at the gatherings

the matter. The Hungarian hoped that all the past and until it was left for His Honour living. held in Paris to specific questions in which the various Powers have Government, faced with the ex-present Engineering students of Si: Havilland de Sensuarez to had a special interest. Difficulties have been encountered, as was

treme demands of the populace. the University will be present educate us on the powers of the The meaning of the Shanghai saying "In my opinion the to be expected in view of the wide diversity of issues raised, but, so

was utterly unable to control the Communications should be ad-King's Ministere. If it be asked Judge's decision is that this parti-action must fell on two material far at any rate, there has been apparent a strong desire on the part situation, and, to save their own fressed to Mr. Klu Khoon how came it about that share-cular one of the King's Regulations grounds (a) the dissolution of the of practically all the delegates to secure lusting settlement of the skins the Ministers threw in Hnat, at the l'niversity. various problems raised, and this desire.has been demonstrated by their lot with the revolutionists

brokers in Shanghai allowe·1] is ultra rires and mast be, there partnership by operation of law spirit of all-round compromise distinctly to the credit of the several

themselves to be deprived of fore, considered inoperative. It is which is independent of the nations represented at the conferences. "But over and above all the simple process of declar-

Among the passengers who their claims, with nt such as interesting to add that the question of licence, (b) the vari ing themselves in sympathy left Hongkong on Saturday by an expostulatory

with which the ation of the contracts which dis- particular issues discussed there has been the great general question

with the latters' Bolshevist

ut a single Regulation

charged the surety. It becomes of the League of Nations. It has been realised from the beginning

predelictions.

the Empress of Asis was the Hon. epigram-it must be answer Shanghai judgment is concerne therefore unnecessary for me to that the institution of such a League, whose chief business it would

stranze 45 it ung made transactions within its per-deal further with the other issues be to preserve world peace would be a matter of considerable difficul- rather different from that which Mr. E. Sharp. K., who will be ed

Russia when away for six months. It will be sound, that it happened view "illegal" whilst the Lee raised in argument." ty. for many a policy which is theoretically sound is found none too the Resolution there broke it cumbered that he was to have through not bringing a test case man's Act and ur own Keswick easy of translation into actual operation Paris has her ears. The Russian Proletariat set about one we last year, but then the British Court of Shanghai. Ordinance marie them suid. The share transaction to contain the agreement among all nations represented at Paris that such ease. their task by scattering the mem-Military Service Ordinance came if it could be established on a workable basis, could do more thanbers of the old regime and them-int force, and as

Shanghai julgment does not number, mutual consent to the Let us examine, for a moment, it the Hongkong situation st contrary. anything else towards saving the world from such a calamity as

Chairman of the bow the member of the Shanghai all. The judgment merely held Leeuisu's Ac, which is in that through which it has just passed. The principle involved finds selves taking the reins of govern-appointed ready acceptance; the main difficulty has been to find a working ment, The Hungarian statesmen. Exemption Tribunal he bad per Stock Exchange conducts his that the action of the Minister in force in England and Shanghai. scenting danger, have taken the force to cancel his going away. business. He has three different making the King's Regulationis confined to dealings in shares It is obvious, as Lord Robert Cecil points out, that a League of more wily course of declaring

kinds of contract forms. When was ultra cires. In Hongkong of joint-stock banking companies, themselves converted το the Nations must be embodied in the Peace Treaty, for the simple reason

A parade of the St. John's a broker buys from another broker we have the Keswick Ordinance and makes forward transations in that the nomination of mandatories to take over the erstwhile standpoint of the masses. But German Colonies presupposes "the creation of such a body. To the eventual upshot is just the Arabulance Brigade has been he gives his client a blue contract, which takes the forward pur them mall and void. The Keswick may ofthe same in the two countries. Both ordered for pau. to-morrow, which signifies that he has bought chase of annumbered shares full Ordinance makes similar con- conclude peare by ¿ re-arrangement of the

have drifted into a Revolu Tuesday, at Government House, from or sold to another broker. and void. This Ordinance protracts null and void, but not limit world, without first instituting the League, would possibly tion, and to-day the government when His Excellency the Officer The white contract forms are for viles that "every contract, agreeing them to joint-stock banking

that this particular project would

be indefinitely of both peoples is in Administering the Governinent use between the brokers them- ment and token of sale and par- shares but shares in any joint- sheived and regarded merely as a pious inspiration, tooth of the the hands of Bolshevists, either will present the motor ambulance selves. If a broker were selling chase be made or entered into stock Company. The King's Re

effect. Since be taken up and put into

real or professed: Seeing what has undergone most critical ex- League was published, it

which has been given by the for a client to one of the members for the sale or transfer, or par gulation, made ander the China be for the sale Ordlar-in-Council, goes further amination, and besides the Allied Powers, neutral States have been bas happened in Russia, we can-

of any shares for it makes such transactions called in to examine its provisions, with a view to admission into not but view the Hungarian Hongkong Automobile Associa of the Stock Exchange the same porting to

under or illegal. The question at issue in the League. This is a decidedly wise step, for the greater the developments with some measuretion. Mein bers of the Association form would be used, bat there or transfer, organisation being an effective force. Japan has raised a point the attempts of the Russian and Nursing Pendants, Bars, Medal- the face of it to the effect that regulated by the provisions of the case under review was whether Bumber of nations joined together, the greater the chances of the of anxiety, especially in face of and friends are invited to attend. would be a rubber stamp across or of any stock

Armies Hungarian Soviet

to lions and Certificates will be the shares were bought from any Act of Parliament, local the Minister bad power to make which has not found acceptance with the other Allied Powers, and effect a junction. It looks as presented at the same

of the time, Loue

broker's clients. Ordinance, Royal Charter or this particular Regulation. The that is that equality of treatment should be accorded to

though strong military measures Members of the No. 1. V. A. D. The blue contract means Letters l'atent, shall be null and Shanghai Judge has held that nationals of all members of ledu, nerent, such opties would will even yet he necessary to are requested to be in attendance that the broker has made another void to all intents and purposes the Minister has no such power. same state of civilisation and advancement, a policy be workable, but an acceptance of the point now would cause Prevent a situation of the utmostat Government House not later contract with another broker. A whatsoever, unless sach contract, If that decision holds good,

awkwardness developing into temendous industrial difficulties, especially in those countries where any general admission of Asiatic Tabourers is prohibited in something far more tragic. When than 5.50 p.m. Tadoor Uniform pisk form (tell this not in (ath) agreement or token shall set forth there is now no ban on forward informs the client that the broker and designate in writing such dealings in unnumbered shares to be worn.

bas been selling his own shares or shares, stock or interest by the in Shanghai, excepting, we pre- the interests of the working classes of these particular lands. The even one nation becomes per- difficulty of dealing with this point has apparently been overcome Teated with Bolshevism it is bad

Following the receipt of in- buying for himself!! These forms, respective numbers by which the sume, where there is no intention by allowing each nation within the League to deal as it sees fit with enough when two are affected, matters solely within its own jurisdiction. How that will work out Evidently the time for

infinitely worse. formation that a Chinese living we understand, are authorised by same are distinguished." It has of shares passing, in which event world at Macgregor Street was concern the Shanghai Stock Exchange.been said that a coach-and-four the transaction would be in the in practice, time will tell, though on the face of it, a very large

in the Whitfield armed Mr. H. H. Read, who has been can be driven through any Actor nature of a sheer gamble and discretion appears to be invested in individual nations.

rubbery, the Police, under Ser Chairman of the Shanghai Stock Ordinance. One such coach-and- would thus be a breach of the Another big question involved is that of the reduction of

geant Cockle, went to the place Exchange, is reported to have said foar is being driven through the British Gaming Act. But the armaments. The idea frst favoured was that no nation in the League, should be permitted armed forces of such dimensions as

and arrested the Chinese and his at one of the annual meetings Keswick Ordinance by our main point, so far sa Hongkong were calculated to jeopardise the peace of the world. It has now;

that it was high time that the brokers incorporating in a for-is concerned, is that the Shanghai wife. A quinutity of peper] been resolved that the Supreme Council, shall formulate a plan

used Stock Exchange should becomeward share contact a stamped judgment does not effect the there The Ocean Steamship Co., with and

- gaire, for the reduction of armaments, the powers of the Council being a capitel of 20 million yen, is being in armed robberies, were disa diguified institution." Prok statement that the numbers bave local situation at all. limited to simple recommendations to the Governments affected. organised by Mr. Ginjiro Katenta covered and the man and woman contracts by members give the not been inserted by mutuS! This is about the most ticklish question of all, for no general and other shipowners at Robe. were this morning produced be- Shanghai Stock Exchange request. Such store tradictions My chagrin at seeing the com- standard can be laid down to suit all and sundry. Nothing will be Five 10,000-ton and two 5,000-ton fore the Magistrate as evidence. "pinkish" dignity. Was that the are legal where there is mutual positor mutilating my copy last gained by reducing the armed strength of members of the League steamers which are now under The Magistrate, Mr. Orme, sent dignity that Mr. Read so piously agreement for the omission of the week by changing Hongkong to relative impotency whilst countries outside the League follow construction at the Osaka Iron their own inclinations in the matter. The peculiar position of each works, will be put in service, over the man to prison for three looked forward to seeing? We numbers. What is urgently re- Wharvey in Hongkong Docks nation must be taken into account. Still, we may be sure that this the triangular courbe Yokohama months. The woman was disbelieve that some brokers in quired is an amendment to the and

profound aspect of the problem will be taken into full account, and the advice Kobe-Shanghai-Hongkong-Singa- charged for lack of sufficient Hongkong make it a practice Keswick Ordinance making it as Mark Twain when be rend

to put a rubber stamp across imperative for every forward his own obituary notin of the Supreme Council will be awaited with the deepest general interest.

hasis.

mean

the draft

the

1

DIFFERENT METHODS.

obtained

Inatters ara

The situation ix

peace has not come yet.

NEW JAPANESE LINE. "

pora-Seattle,

evidence.

*4*

he

was

✪

→

After delivering a lengthy judg- ment, His Lordship concluded by