1919-10-02 — Page 2

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FOR QUOTATIONS APPLY TO THE SOLE AGENTS –

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MACHINERY DEPARTMENT.

THE STANDARD LIFE ASSURANCE CO.

New Scheme for Children's Early Endowment;—

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THE HONGKONG ROPE MANUFACTURING

ESTABLISHED 1883, MANUFACTURERS OF

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3

STRAND to 15"

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SHEWAN TOMES & CO. General Managuzi.

OWING to the present high rate of EXCHANGE we are now offering our KODAKS and FILMS at very lowest

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A. TACK & CO.

20, Des Voeux Road, Cl

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PORTLAND GEMENT.”

In Quaks of 375 lbs. not. In Bagal of 150 lbs.

1st. ́SHEWAN, TÖMES & Co.

Ġeneral Managers, Hongkong, 16th August, 1916. ]

HONGKONG. JAPANESE MASSAGE ASSOCIATION.

Mr. U. SUGA”** MPL A SUGA KE. L'HONDA Irz: S. HONDA $. Queen's Road Central, Honkong

METALS

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(pätäblished' A: D. 1880;) HING LUNG ST. Phone 315

MEE CHEUNG

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FREE

VAINSAN

One in strokkeuken, arriving in Holland byth activity displayed everywhere, which forms such a marked contro the gloomy, idle atosphe, which hung over the woot gy andy a few months ago, writte a correspondent to a Homspaper. Holland has suffer ed terribly during the war, espe cially in the final part, but she is pulling herself together. Raw materials and coal having arrived, the factories have been able to start again, and the number of unemployed, which ran into high figures, is now gradually decreas- ing. Holland is working hard, and is ready to work harder' still.

What will Holland's position be in the near future, from a business point of view? I asked the Minister for Commerce and Industry what Holland's attitude would be as regards Free Trade. | His Excellency replied that as! yet there were no symptoms at all of Holland abandoning her traditional Free Trade policy. He remarked that England's example was exerting an ethical infiuencé in Holland, but in his opinion the fact of Great Britain becoming a Protection nation" would not necessarily mean that the Nether- lauds would go the same way.

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OCTOBER 2. 1919.

WORLD FINANCE

THE PRESENT. DANGER.

"In an article on The Financial.

anger,

contributed to the Filbert Bernal for July Sir George Paish repeats and-rein- forces the arguments pat for ward in the January issue by Dr. L. P. Jacks in favour of placing the total war in-. debtedness under international and minimising management, the danger of catastrophe by pooling the risk and by pooling resources to meet it. Like most economists, Sir George Palsh is convinced that the hope of the Entente nations being able to get rid of their excessive burdena by exacting immense payment from the enemy is illusory.

No nation is rich enough or possesses an income large enough to pay such a sum for indemnity to other nations as the Entente Powers now owe to their people and to foreign countries, and it is improbable that Germany will be able to pay more than tho full cost of repairing and restoring the damage committeed by her armies, navies, and aeroplanes, even provided that that work is performed with the utmost economy, Indeed, Germany's ability to make this limited pay- ment by instalments over a long A Home Office. Committee on period of years is doubtful, having

BIRD SLAUGHTER.

PLUMAGE HUNTERS

CONDEMNED.

After examining briefly the financial situation and resources of the various Powers. Sir George Paish concluded that

I talked this matter over with the protection of wild birds ap-regard to the conditions under business men, who said they pointed so long ago as 1913, its which her international trade trusted that England would not inquiries having been interrupted must be carried on. ́. A allow herself to be influenced by by the war, has just presented a nation cannot pay very temporary consideration, and that very long and searching report. large sums to other nations if it she would, like Holland, continue It is shown says the Daily is unable to sell its goods abroad; to be a Free Trade country. If Chronicle that past legislation and even when it is able to sell Dutch Protectionists were able to for the protection of wild birds, its goods freely abroad it can invoke England's example the inadequate as it is, has bad de- only remit the proceeds of the Dutch Free Traders would have finite and valuable results. Many goods it sells in so far as they i to put up a stiff fight, and the species which had been driven are in excess of the sums it has issue might go against them. away from this country by to pay for produce which circum- Holland, up to now has mein indiscriminate slaughter have stances compel it to buy from tained Free Trade within her own come back, and the Protection other lands. frontiers as well as

in her Acta have had an educational Colonies, and has done well on it. influence upon the large class of But it is not impossible, should bird hunters. But, rare birds and Englands's support fail ber, be it their eggs are still too often the only as a moral factor, that she prey of ignorance-the report will have to reconsider her posi- refers to instance of the wanton tion. It need not be pointed out shooting of a Selavonian grebe, a that Protection to the Dutch sea eagle, and a bittern, and of Colonies, would hit British in the systematic taking of the eggs terests very hard. The Dutch, of chöughs, Sandwich terns, and therefore, hope that England's red-throated divers. lead will not compel them against If the Committee's recommenda- their will to close the open door tions are adopted, the law will be in their Colonies. In their opinion simplified and strengthened so as the world peace can only be to provide for the protection of all assured by Free Trade. Protect--birds during the breeding season, ionist walls inevitably create except as against occupiers of more formidable walls manned by land, the absolute protection of soldiers and protected by guns.

GERMAN GOODS.

certain scheduled birds during the breeding season, and the absolute protection of certain ordinary The Dutch are looking to Eng scheduled birds all the year round, land in another direction. Great with power to local authorities to uneasiness in prevailing here on exempt destructive birds from all account of the ever-rising influx protection. Among the measures of Germans, and of German suggested by the Committ e for goods. At this moment, out of a the due enforcement of the law is foreign population of 110,000 peo- the establishment of an Ornitho- ple there are from 40,000 to 50,000 logical Advisory Committee in Germans here who are opening London on models already exist businesses and over-running the ing in Hungary and America. country with German stof The Even in these days of legislative Durch feel that something must pressure we hope that Parliament be done to counter-weigh this will find time to pass an Act so German penetration, and they ex ca culated to preserve our wood pect that England will not fail land amenities. them. On August 1 an Internation-

The scandalous plumage traffic,

be an enormous success.

The

All the nations must pool their credit in order to overcome the danger, each in proportion to its ability. A long and a very strong loan of some £5,000,- 000,000 will be needed for the purpose of repairing the war damage, or re-organising the finances aud currency of Russia, and of funding the foreign debts of the Entente nations, amounting in the aggregate to about £3,000,- 000,000 after duplications excluded."

are

To insure security, the loan would have to be guaranteed jointly and severally by all the that the United States, Germany Powers. It is suggested here and Great Britain should each guarantee due payment of princip al and interest to the extent of 20 per cent, leaving the balance of the guarantee (£2,000,000) to be found by the less prosperous nations. These need not exclude neutrals. for though certain neutrals, have done well out of the war, their ultimate prosperity depends justi as much as does that of the bailigerents, on the maintenance of international credit.

MALARIA IN ENGLAND.

KNOWN FOR HUNDREDS OF YEARS.

Most people associate malaria with travel in the East or the tropics. It will be news to them that the winged fever is one of the most venerable of English diseases,

al Aircraft Exhibition was opened which is actually cruel as well as in Amsterdami, and it is proving to destructive, is briefly touched British flying-men are the popular Government are urged to resume upon in the report, and the heroes of the day. They are their pre-war endeavours to bring wildly cheered by tremendous crowds after their flights, carried about an international convention shoulder high, and overwhelmed to prohibit the trade in feathers of birds which are destroyed with flowers. This shows the

merely for their plumage. Now trend of the public's sympathy, that the women have votes. We which I have found backed in business circles. I have heard may hope to see a speedy end of

this inhumane traffic, many complaints about the seem- ing apathy of British exporters,

Bir James Cantlic, the eminent with regard to business in

authority on tropical diseases. Holland, where they would be received with open arms. When purse which cost formerly I well-known in Hongkong,whose walking in the streets of the mark (60 Dutch cente), and now whose opinion was sought by a costs 4 marks, can still be bought Daily Chronicle representative, big towns in Holland one can see at 60. Dutch cents (4x15 cents). said everywhere in the shops notices because of the low rate of ex-The history of malaria in announcing English goods or informing the public of fresh change of the mark. But, on the England goes back some hundreds other hand, the rate of exchange of years. One hundred years or arrivals from England, Why is this not done with the German of the pound is not much lower, more ago it was just as common It used to be 12.10 guilders and as anywhere: Two hundred years merchandise, although it is so is now 1,160 only 4 per cent. lesa. ago it was prevalent in this extensively imported? Simply British prices having gone up at country from John o'Groata to because the public give their pre- least 100 per cent.. the British Land's End, and it was then ference to British goods. There LONDON DIRECTORY. is an enormous field of action in articles now cost twice as much common along the banks of the Holland for British traders, and. on the Dutch market as before Thames in the Feng and else- it is a thousand pities that they the war. do not seem inclined to seize the opportunity offered to them,

MASSAGE HALL

23. FLOWER STREET.

MR. T. TAKAYE, MBS, MORITA. CERTIFICATED MASSEURS. ¿Pazar XKASED IN Tænk Own Hos → DESHER.

PUBLISHED ́ANSTALLY.

THE

with Provincial & Foreign Sections, enabler studers to’ocummunicate direct with MANUFACTURERS & DEALERS

in London and in the Provincial Towns and Industrial Centras of the United Kingdom mad the Continent, of Europe. The names, säärses and other detalle äre cismised under | more › tház, “3,000#trade" boedings, inbinding, EXPORT MERCHARTE

with decided partíantars of the Goods suipped and the Colonika and Farsiga Karkala myglled; STEAMSHIP "LINKS

Arranged modée: Die Forts, so Which they will, kad indicating the approximate Selänge

Önélek BURIREBÉ CARDS of Firma desdiing | ão autood thair sonnáttags.o trade Dande of

PRICES AND THE RATE OF

EXCHANGE.!

where.

What is the remedy? Only 8 Sir James was asked to indicate flow of imports into Germany, the remedy.. "Cultivation and which will stabilise the rate of drainage," was the answer exchange. Baw materials must "Look at Panama, the healthiest be poured into Germany, nóf with place in the world to-day. I should, however, like to draw the intention of helping the Ger the attention of the British public mans, as short-sighted people may to the question of prices, which is object, but of helping the allies an all-important factor, and large end the neutrals. The latter are

change. Before the

Brain Africa and you get rid of malaria in Africa.

is

Sir James Cantlie had news for fever patients, fou de and the low rate of the mark, because only very seldom indeed that the | buy 100 marks in Ho Mtor1914 it gives the Germans the malady proves fatal if treated Exudec wafik toky me mantad. | | guilders, at present

Kată opportunity to kill the home in promptly. The worst that it does wurth here only 15. Bilder It Thetries of the neutrala. Dalys a rule is to disable means that the waing of German broad-minded Allied policy, money has gegressed: 100% var ignoring petty considerations, and cent. It also means that if the facing the problem in a practical prices for Gurudengoctis are 400 per and bold spirit, will be able to cent, higher than before the war, change the privileged position HIND 106 THARB:==|| they finally exactly the same in which Germany's export teade is

Dutch currency. For instance, enjoying at the present moment.

Benext by parnal'

BO. LTO: E.G. 4. Kagitədi

MON-STOP PEACE POEM, The President of the Willesden Free Church Council publishes a. 28-line Pesce poem with only one the and.

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Tizzing, loquering an

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