1920-03-01 — Page 4

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ACKNOWLEDGMENT.

Mr. R. J. White and family tender heartfelt thanks to all friends for the many expressions of sympathy in their recent bereavement, and for the numerous floral tributes sent.

The Hongkong Telegraph

HONGKONG, MONDAY, MARCH 1, 1930.

CHINA'S SQUANDERED MILLIONS.

The speech of the Chairman at the annual meeting of the Hong- kong and Shanghai Banking Corporation is always one of the out-

administered country would have been devoted to works of recon-

NOTES & COMMENTS.

A FOOLISH LETTER.

MONDAY.

DAY BY DAY.

A GREAT MAN WITHOUT PAST, IF HE BE NOT AN IM POSSIBILITY, WILL CERTAINLY HAVE NO FUTURE-Loweit.

Reports of Saturday's cricket are crowded out of this issue.

MARCH 1. 1920.

CURRENT COIN.

(BY "MERCATOR ".).

CORRESPONDENCE.

To the Editor of the Hongkong Telegraph"]

THE MARATHON.

CHINESE Y.M.C.A.

THIRTEENTH ANNUAL

SPORTS.

The Chinese Y. M. C. A. held its

Quite frankly, we bare no

For many years the speech of sympathy with the writer of the

the Chairman of the Hongkong letter signed "One of the Fight-¦|

and Shangbai Banking Corpor ing Sportsmen" which appears in

ation has had somewhat the same

Sir.--I quite agree with your thirteenth annual sports meeting this issue. The author of this

force in the Far East as the Prime comments on the training and on Saturday, on Queen's College missive, himself a soldier, “notes

Minister's speech at the Mansion the restriction of entries for the football ground at Canseway Bay, with regret that there hus not H. M. S. Keat, now lying off House Banquet has in England. Marathon Race, but note with kindly lent for the occasion. been a word of praise or con- Kowloon, is advertised for sale by It is not an easy task to maintain regret that not a word of praise gratulation for the young Bri-tender, for breaking-up purposes this standard year in and year offered to the young Britisher balance Division was

The YM.C.A. Band played at or congratulation has been intervals and the YM.C.A. Am- It is common knowledge who, for nine miles held the render first aid. Marathon Race, but Mr. E.A. Irving now acts as that the speech that the Chairman lead against developed men of pensed in hospitable fashion. The there to Tea was dis- in the First Magistrate, vice Mr. J.Ryearly reads out to the share- end. He winds up by saying that Wood who has gone Acting Lolders is largely prepared by superior physique, and who lost a recognition of the grand rup Puisse Judge. made by the Wiltshires' isd is the

tisher who led for nine railes in

the who

Was

beaten

་

out.

thet

Championship Events.

that astute banker. Mr. Stabb, only through lack of stride results were Therefore, the remarks made are and not, as suggested in your least that Hongkong can do to A motor car belonging to Ma invested with a great deal of paper through lack of stamina. Long Jump-3, Hung Kam-sang show its sporting spirit. With Yuk San yesterday ran into a regard to the point that Britten ricksha at Leighton Hill Road public interest, as it is the only cannot help noticing the (16ft 7ins); 2, Mok Ying-kwai;

absenco of sporting led for nine miles, that was most and smashed it. The coolie who through the Chairman of the Of course, I know that Hongkong wing-kwan; 2, Ma Ping-wa; S

opportunity

Mr. Stabb,

spirit 3, Shek Wing-kwan. amongst the Europeans here. 100 Yards. First heat: 1, Shek likely where he made his mis-pulled the rickshaescaped unhurt. Board of Directors, allows his take; the wise runner generally

light to shine instead of as usual has been in

no danger dur-Hung Kam-sang. Time, 11 15 secs. hiding it under a bushel. The

the War as regards Second heat: 1, Leung Oi-sang; Chairman's references to the trade invasion or fighting etc., 50 of China are full of thought, and

the Europesus

2. Sung Ju-tak; 3, Mok Ying-kwai- вте right in Time 11 35 secs. Final: 1, Leung may well be taken as covering the their belief that they owe. whole ground.

Oi-sang: 2, Shek Wing-kwan; 3, "Tommy" nothing, but at the Nothwithstand-! ing the perplexities of the year, justification to the obvious way same time that does not give any

Hung Kam-sang.

China has been able to give some

was not arranged for his special benest. He knew the conditions

The Hon. Mr. Lau Chu Pak, of the race-that cups were to be who has had an attack of in- given to the first twenty men in, fiuenza, is now improving and it whether they were Europeans, is expected that he will be able Indians or even Esquimaux. And to preside at the dinner that the he got what he earned one of Chinese community are giving those cups. What more does he to the Hon. Dr. Severn. expect?

A

а

+

High Jump. 1, Shek Wing

Ju-tak: 3, Yeung Ping-kwal. Time

Points awarded at follows: 1st 5 points; 2nd, 3 points; 3rd,

.B.-If it is not asking too much, points); 2nd. Hung Kam-sang (10

Champion, Shek Wing-kwan (16m 2 I should like to see this in print, points); 3rd., Leung Oi-sang (6 that is unless the dignity of the points). civilians is too sacred to upset.

זי

allows someone else to make the The China Mail S.S. Co. is in pace. But that is by the way receipt of a wireless message As to the allegation that not & from the s.s. "Yile" advising that word of congratulation for this she will arrive at this port to- man was offered, that is totally morrow, Tuesday, March 2nd, at untrue. We ourselves, and other daylight. papers as well, singled him out for special praise. by mentioning |

In the Colony's Billiard Cham-attention to the problem of her in which they despise and look kwan (4ft. 1034ins.): 2, Ma Ping- his plucky effort, even though pionship, W. Hall meets Wong currency. I need not follow the dowe upon the humble soldies wa; 3, Hung Kam-satg he was not amongst the Po-keung to night, whilst E. Chairman through his remarks who is only here to protect their One Mile.-1, G. Hyder; 2, Sung first six in. What did Brit-Guimaraes and P. A. Yvanovich in this connection. With regard interests. ten expect a special bocquet play off to-morrow. The latter to the remedy for depreciated In conclusion, I may say that 5 mins. 32 45 secs. sad or a dozen medals? The Marathon should be a fine game.

notes in circulation in China, the recognition of the grand run 240 Yards.-1, Shek Wing-kwan; Chairman is quite right when he made by the Wiltshires lad would 2, Hung Kam-sang; S, Leung Oi

that. A simple and be the least that Hongkong could sang. Time 27 15 secs. sags

do to show its eporting spirit. practical alternative, if only provisional.. would appear to pre-

Yours etc. sent itself in the proposed ex-

ONE OF THE FIGHTING 1 point. tablishment of a wint in Shang-

SPORTSMEN. hai, namely, that the mint as a Chinese Government department might itself issue notes against' A stabbing affray took place coined dollars held in reserve. the other day in the Pokfulam under due safeguards controlled-

General Events. district. A farmer was attacked by the mint authorities. which

Discus throw-1, Hung. Kam- CIVILIANS AND SOLDIERS.

by four masked robbers who might in time be reduced so as to the silver situation. said that at (52 ft. 3 in.); 3, Ng Hau-shio The Chairman, in referring to sang (64ft. 6ing); 2, Tai Cho-man There is one part of the letter They were ultimately driven off, specie for the use of the market position was aggravated by excess-

inflicted serious injuries on him. free a corresponding amount of the beginning of the war. the (48 ft. 4 ins.) standing features of year, and the utterance that was made by Mr. J to which we take the strongest but he had to go to Hospital Not the least advantage of such ire exports from China. I bad (33 ft. 3 ins.); 2, Sung lu-tak Shot put-1, Hung Kam-sang A. Plummer at Saturday's meeting was in every way worthy of its exception, and we

have only where he is in a precarious con-s step would also be that it would previously pointed out how China (26 ft. 6 ins.); 3, Tai Cho-man mang forerunners. Apart from the review of the Bank's cwn par published it to show the mind of dition.

create & precedent, for the re- bad been gambling in the white (26 ft, 1 in.). ticular position and policy, the speech teemed with interesting the man who wrote it. We refer

organisation, on a sound basis, metal. A few years ago, when references to Eastern problems affecting commerce and trade, not to the allegation that there is an Mr. George Duncan left for of the note circulation of the two siver began to rise seriously, it-sang (40 yds.); 2, Li Shiu-pak 440 yards Handicap-1, Leung the least important of which was that dealing with the intricacies of absence of the sporting spirit Home by the Glenavy on Satur-government banks." exchange due to the fluctuating price of silver. But this, together amongst European civilians here day. It is rather a pity that Mr.

China disposed of her holdings, (40 yds.): 3, G. Hyder (ser.); with the reference to the cable delays, might well be passed overfor and that "they despise and look Duncan should depart just a few

which were enormous. One of the moment in favour of a little more consideration to the problem down on the humble soldier." The days prior to the Horticultural sell and no man wishes her more that she has been a purchaser of

Mr. Stabb knows his China the features ever since has been Time, 60 2,5 secs. of China's seemingly hopeless inability to manage her own affairs, one statement is as false as the Society's show, as he has always true success than he. The Chair the stuff and at higher prices Sung Iu-tak, Shek Wing-kwan, Ma Team Bace (one mile in all).-1, consequent upon her internal chaos and the squandering that is be other. Hongkong is as "sporty" taken keen interest in the man's speech displayed a master than she secured for her stocks. Ping-wa and Li Chiu-pak; 2, Hung gotten of inefficiency.

a place as we have ever been vegetable exhibits, particularly 15 grip of the various factors China had silver which she paid Kam-sang. Yeung Ping-kwal, NgTM" The lack of co-ordination in administration and the prodigal in. What was it that prompted those entered by the Kowloon involved, the salient facts stand- 40 or 50 cents gold. When the Hau-shin and Chou Kan-woon. spending of her revenues has prompted many a foreign public writer arranging of the Marathon itself? Cricket Club. to eloquence, but there is an eloquence of facts far more impressive Why, the sporting spirit of the

ing forth distinctly. The survey price went up to 70 and 80 cents Three teams competed. Time, was radical and comprehensive she unloaded A godown keeper, living at No.and full of candour. Mr. Plumagain

and came than the mere language of a well-turned sentence. It was in facts civilian sportsmen, who knew that rather more than in language that Mr. Plummer's speech was so Service men would preponderate 16 Praya East, has reported tha: mer, or shall I say Mr. Stabb, saared to 95 to 105 cents gold. Cho-man; 2, Yeung King-chak.

in mins. 29 secs. when the Tate hed Half-mile walking race-1, Tai striking. Let us take ones TWO. From the Maritime Customs the in the entries and found coat 7.45 o'clock last night an Chinese Government was handed nearly twenty three million fewer than twenty trophies for armed robbery was carried out on of presenting great truths in of Chinese investments.

possesses the happy faculty That has been the general course Time, 5 mins. 17 secs. Haikwan Taels money that was absolutely unpledged, because all the competitors. We are getting his house by two men and a boy direct and simple language, and remarks of mine can

These Consolation race (100 yds.),-1, cbligations had previously been deducted. From the Salt Revenue a little tired of this ignorant talk The two men carried daggers many of the yearly speeches of stientiated by the figures of the Time 12 15 secs.

be sub-L: Hin-leung; 2, Chau Wai-yan.. fifty-five million dears was given to the Chinese Government, and about the soldier being looked with which they threatened him the Chairmen of this Bank may imports and exports of silver into both these sums, at the present high rate of exchange, total consider down upon." If "One of the and his wife, while the boy broke be styled "plain talks for share China which the Chairman cited.

Junior Events. ably more than £25.000.000. This is money that in an ordinarily well Fase during the war he would open his boxes and love to the holders," There is an unmistake. Between 1914 and 1917 China 2, Yeung King-chai; 2, Shiu Shui-

Fighting Sportsmen had been

100 yards.-1, Leung Shiu-man; struction and reform, would have been utilised for the benefit of the have seen for himself. the effort clothing and jewellery to thelable tone of bucyancy in the imported silver in round num-cheung. Time 13 25 sec

extent of $90. people as a whole. In the case of China it would have gone far 10- community to give the Service

speech which was delivered on bers to the amount of Tis. 57,000.- that were put forth by the civilian

Saturday. Buoyancy is a fine 000 as against exports of Ils. 119,-, Yeung King-chau; 3, Shiu Shui- 50 yards.-1, Leung Shiu-man; wards restoring her to a position of financial independence: in fact she could have paid back the whole of the Reorganisation Loan of 1913. men in our midst a good time. among the passengers of the last to complain of it. The Chair over imports of Tis. 62,500,000. Much commotion was caused quality now-a-days, and I am the 600,000, or an excess of exports But what has happened? In the words of Mr. Plummer, the money the monotony of a soldier's life is launch at 7.30 p.m. on Saturday, the Snancial situation of China were Tis. 82.000.000 and the ex- And the same desire to relieve Morning Star Star Ferry man knows the facts concerning The imports during 1918 and 1919

cheung-

220 yards.-1. Leung Shiu-man; has been "poured out like water upon sand." It has been recklessly felt today. But too often the when it was discovered that a better than anybody else, and one ports Tls. 13,000,000, or an excess and hopelessly squandered: has been frittered away in satisfying mere suggestion of doing some Chinese passecger had committed cannot help remembering the of imports over exports of Tis.

2. Yeung King-chau; 3, Shiu Shui- the demands of an army over which the Central Government has this for Tommy" is met with suicide by jumping overboard optimistic utterances of some of 68,000,000. There is the whole

cheung. little or no control and has gone to purchase the dubious assistance the reply that the civilians are In spite of a cafeful search, the his colleagues. The essentials of history of silver transactions in yds.)-1, Wong Chuen-fuk; 2, Lei

Variety Events. of so-called internal administrators whose actions entitle them to only patronising" him. Happily body was not recovered.

Ambulance Brigade Race (300 be classed as unscrupulous exploiters. Somewhere into China has

The the situation were brought out China in a nutshell. gone twenty-five millions sterling and there is not a scrap of result all our soldiers do not look upon incident considerably delayed the within their perspective by sound

Kai-kit; 3, Chan Wong. to show for it. Canton still laughs at Peking, and Peking still

the European community

Band Race (100 yds.).—1, Fung shakes its very unconvincing and puny fist at the southern Capital.

carrival of the ferry at Kowloon. this light. In

place

common-sense, and clarified. There is a slight revival of Iu-kau; 2. Ko Sik-kai; 3, Ng Wai- Provincial authorities kept 26,000,000 for themselves out of the Salt in the Empire is there

trade after the Chinese New Year. tak. ૐ A Trade Enquiry List issued Revenue and one can imagine the greedy picking that followed the deeper recognition of what we by the American Consulate Gea man would make some reference registered appreciable advances. (Miss P. Kitchell): 2, Tai Cho-man

Many expected that the chair- In certain markets there has been

Ladies' nomination.-1, G. Hyder receipt of that sum. Well might the Chairman strike a note of dispair we to our soldiers than in Hong-eral, and confess that the solving of the situation would baffle the wisdom kong. We know all that they American concerns are seeking to the criticisms levelled at the Metals, for instance, are very (Miss Li Shuk-chan); 3, Hung

Hongkong, shows that and ingenuity of the greatest statesmen. It is obvious that there are preciate it. Such letters as the chemicals, colours and oils; raw

have done for us, and we ap Hongkong connections in wares, ing in the Morning Post. I have tween ten to fifteen per cent.

Bank by "A Shareholder" writ-strong. having advanced be-Kam-sang (Miss Teni Yaet-hof).. only two ways of bringing about an alteration. Ons is for the one we publish to-day do far more silk, hides and skins: import and desire to break a lance with during the last few days. The Lee Chiu-pak and Ng Han-shr; 2, great modernised countries of the world-the Five Big Powers, harm to Service men than good-export; automobile accessories.! this contributor, but I may be cause of all this is not known as Sung Iu-tak and Mok Yog-kwai; 3, for instance--to band themselves together and exercise a suzerainty We hope the writer will now secret phone; buttons; roofing andgarding his suggestion that the Straits tin being quoted at $205. Hung Kam-sang and Tai Cho-man.

permitted to make a remark re- yet. in also as made a spurt, paint; automobile tires; knit goods: Hongkong and Shanghi Bank, The price in Great Britain bas

Obstacle race.-First beat: 1, Cleveland motorcycles: belting being a local concern, should pay also advanced, buyers there Tai Cho-man; 2. Sung Yu-tak. its dividends in silver dollars and offering to purchase the com-Second heat: 1, Yeung Ping-kwai; and material to work the reformation. The former is the quicker, AN UNFULFILLED COMPACT. A Chinese female, about 35 not sterling The return to share-modity at £390 per ton of 2,249 2, Chau Wai-yau, Final: 1, Tai Sho- the latter is the more moral and truly beneficial. Certain it is The interview which we had years of age, was yesterday shot bolders in the Far East in the lbs. In quicksilver the market is man; 2, Yerng Ping-kwai.

profits have been reduced from rotten, London's buying rate. Relay race (Eand v Ambulance): that no use will come of simply crying "spilled milk." If it is with Sir Alexander Hoste, and dead by a man to whom she was $50.09 per share in 1914 to $36.45 being £21 to £24. The closing 1, Band. such 2 regrettable thing, such & world-wide loss,

second wife. The murder was

Potato Relay race.-1, Chau Wei- that which we published on Saturday, committee at No. 12 Wa Yis for the last year, whereas the rates for quicksilver are firm, but China is always ruining herself and at the same time denying was of special interest from the Fong West, Erst floor, and it is London shareholder has benefited the local market is stagnant. In Chow Kam-tong; 2, Ng Hau-shin, to the outside world certain needed materials, then it is up to the fact that it revealed China's said it was due to the woman's enormously. He argues.-"It is pig iron there is nothing doing.¡yan, Hung Chow, Tai Cho-man and world to remedy the matter. But the commercial world knows that failure to co-operate in the refusal to give the man money; it pays to be interested in China, and that fact has to remembered opium suppression campaign. Three shots were fired, one of made in silver, for accounts all in exports of pig iron from India im-and Ma Ping-wa; 3. Shek Wing- prohibition of Leung Olsang, Cheng Kam-wing when listening to pious regrets and fervent hopes. The process of Si evolution is slow even when there is virgin ground and it must be he is

Alexander knows what

which entered her skull behind silver of a Hongkong registered ports have been extremely small.kwan, Sung Iu-tak, Ma and Hyder."- even elower in the case of China, where the reception of Western when

talking about, and

corporate body, a dividend should Endeavours are be declared in sterling, this being the left eat. be Bays ideas is hampered by the deeply ingrained ideas of the East; where growing in China is increasing all down the murderer, who hasing in the balance sheet. The prices and slow delivery. Man- President, Mr. Ma Wing-taan; Re-

There is a general tendency to that poppy- being made by the Police to track in fact the only account in sterl-criticise the motor trade for high integrity in public dealing is a misnomer; where sacred privilege; and where the whole code, moral and ethical, the statement as being one of fact.

squeeze" is cver the country, we can accept disappeared... violently contrasts with our own. To expect results different from The reason for this circumstance

Bank being a Hongkong Corpor-ufacturers of motor cars are tak,ferce, Mr. Lau Fook-hi; Starter, what what we now see betrays a little lack of study. Not until is that the Peking Government MOTOR

ation operating in silvering steps to acquaint the public Dr. S. C. Au; Time-keepers, Mes- China bes become in spirit like the West can she depart from the has no control over the Provinces.

ACCIDENT. dollars should logically and with the reasons which have placed srs. F. M. Mohler, H. Gittins and life of the East. Is it better to force the West on her to It's the same old story, no matter

legally declare its dividend in them in the present position. Kwok Po-kwan; Judges, Messrs. take hold firmly with both hands and say she shell; or is it better what the question is. As is known, the Dairy farm Co., and his wife transfer into sterling only what large number of intermediaries Chau Wai-cheung and Ho Lerson; Mr. Chan Tong, compradore of Hongkong currency and then One of these is the existence of a Ka Sik-wai, B. Wong Tape, Dr. that she should go on spending, struggling, living until she has come Britain, to show, her sincerity, in met with a serious motor accident is due to the London share who have booked orders long ago Announcer, Mr. K. D. Yang; Clerk to an inward realisation of her folly and so brings about her own the matter, agreed to the cesp2- yesterday. Whilst proceding to holders." If "Shareholder" will and are redemption? That's the question-and the only question that ton of the opium trade from the Dairy Farm on his motor- study the Articles of Association delivery, and so are able to sell Handicap Committee. Messrs. Ip now obtaining early of Course, Mr. Wong Hui-wan; It has been often suggested that China would be happier under did her part by suppressing poppy Road, run into by a motor car, Bank he will realise how im-as a rough average. This is the sik-wai, D. Laing, Hung Kam- India to China, provided China cycle, he was at Lower Albert of the Hongkong and Shanghai at a premium of, probably, £200 Kwan, Kwok Po-kan, H. Gittins, Ko control; that the other peoples of the world owe it to themselves growing. We have fulfilled cur the number of which is 73. The possible it is for the management state of affairs which motor sang: Officials for Junior events, boldly to step in and exert a beneficial sway. But there is a lot to part of the compact. China has impact, which smashed the mud of the Bank to pay their dividends manufacturers have been unable Messrs. T. Moffat, Lit, Yu-kim and say against it-and China's own voice should not be drowned by anot, When we know of facts like guard of the motor cycle and in silver dollars. The Articles to avoid, although they have Shui-pak; Prize committee, chorus of outside wishes. External control is the very worst kind these, we of control-it means a sacrifice of independence even though that patient of China ever saving"

become almost im- slightly injured its side car in stipulate that dividends shall be tried all means possible through Messrs. Wong Kam-ring, Wong independence produces not the best results. The real hope of China herself in any respect whatsoever. the compradore out of his soat, was not worth so much no kick belong. Another thing which Tong, Au Sze Cham, H: H. Sling,

which was Mr. Chan Tong, throw paid in sterling. When the dollar the organisations to which they lies within herself, in that group of rising men who have benefitted We often hear a lot about the He received an injury to his head was by western education and training. And it also lies in her people, word of e Chinese being as good which rendered him unconscious. holders were content in accepting large number of rejections of t-yu, David Au and Ho Ko-tsur; forthcoming. And share has affected production is the Lai Shiu-pak, Lai Man-wal, Chau those millions of honest, trusting natives, whose meekness has as his bond. In international Mrs. Chan Tong also suffered their made possible the exploitations of the past. If the world is to truly affairs, however, the saying is, from some cuts in the face. Articles of Association cannot be manship. In some cases the re.Cheung Kat-shing, Tom

dividends in sterling parts owing to defective work- Refreshment committee, Messrs

com-They were both removed to the altered to suit continually chang-jections have reached as much as kwong, Ip Cho-sang, Lit Yu-kim,

Hospital.

ing conditions.

70 per cent. of the goods ordered. Chan Wong sad Fok Láng-kin.

over China, to control her affairs for the benefit of the natives realise that point. themselves and also for the benefit of the world; and the other way

is to let China struggle on until the growth of public honesty is evident, until the ideas of the west more fully percolate into the soul of the people, until China contains within herself the spirit.

demands an answer.

no

benent, then China must save herself. And all that we can do is toe fear, rather unduly render a patient help and offer a guidance free from motives of plimentary to the Chinese. personal reward.

and paper.

quite astonishing that for profits Owing to the

50 yards wheelbarrow race.-1,

The Officials. President, Dr. T. P. Woo; Vice

Yate