1920-08-03 — Page 2

NOTICES.

THE RED HAND COMPOSITIONS LIMITED, LONDON.

ذ

Contractors to the Admiralty, India Office, War Office, Crown Agents for the Colonies, 2c,

"THE RED HAND BRAND."

Aatifouling Compositions for Ships Bottoms, Antisive Paints, Ready mixed, for all purposes.

Supplies available from:

DODWELL & CO. LTD,

SOLE AGENTS.

TO PURCHASE

FURNITURE

H.C. MAKE" means a proitable investment of lasting contentment Every C MAKE" nice carries with it a fall guarantee of steeling

Eniro qay, lawet possible price and amurod mtisfaction

A secuted sa you in your purchases, there is alwɔja a possibility of your scamsciously helping people to make EXCESS PROFITS Why 201 Make FUIT and order fram

HOP CHEONG

Mauser Expanzer High Grade Forailure. T-iphone a $31.

3. Queen's Road Central

THE STANDARD LIFE ASSURANCE CO.

THE HONGKONG TELEGRAPH:

Scheme for Children's Early Endowment:- Principal fastares: Small Premium, Liberal Surrender Value, Yo Medical Examination, Patum of Premium in the Erant of Death, and Houmarons Opdons at the Age of 25. WRITE FOR PAMPHLET AND FULL PARTICULARS TO

DODWELL & CO. LTD. Agusta,

E. HINC & CO.

SHIPBUILDING MATERIALS, SHIPCHANDLERS AND

HARDWARE MERCHANTS.

PHONE NO. 116.

NORTH BRITISH

AND

MERCANTILE INSURANCE CO.,

in which are vested the shares of THE OCEAN MARINE INSURAN CE CO., LTD.

AND

THE RAILWAY PASSENGERS ASSURANCE CO.

The Undersigned AGENTS for the above Company are prepared |; to ACCEPT RISKS against FIRE : Current Rates, SHEWAN, TOMES & CO. Agents.

MASSAGE HALL

23. FLOWER STREET.

MR. T. TAKAYE, MRS. MORITA. CERTIFICATED MASSEURS. PAITA CREATED DE The Qwe Baxes

"GETEKE, KI

HONGKONG JAPANESE MASSAGE ASSOCIATION.

MP. U. SCOA

Mrs. A SUGA

2. Beaconsfield Arcade.

(Opposite City Hally

METALS

of all kinds, especially for ship- building and engineering works. Complete stock, Best terms. Immediate delivery.

SINGON & 80.,

(Established A. D. 1880.) · HING LUNG GT. Phe 313

BREEN ISLAND CEMENT COMPART, LIMITED,

}

PORTLAND CEMENT,S

In Casks of STE Ibu. not.

· In Bags of 250 Ibú. not.

SHEWAN, TOMES & CO.

Chamani Managers. Hongkong, 1005 fmgarh, 1818.

25, WING WOO ST. CENTRAL.

Yorkshire Insurance Co..

Limited.

ESTABLISHED 1884.

The

Undersigned AGENTS

for the above Company are prepared to ACCEPT RISKS against FIRE at Current Rates. SHEWAN, TOMES & CO. AGENTS.

New Consignment of

EARLIER TELEGRAMS.

PACIFIC-MAIL DELAYED.-

TUESDAY, AUGUST 3 1920.

London, July 31.

DEAFNESS

AND Notara Is The Hin

Scares of apparently "hopeless" The Times" correspondent at Vancouver reports that the base been completely cured by the disagreement between the Dominion postal authorities and the Can-wall known ** French Orlede." adian Pacific Railway Company with regard to the trans Pacifè mail (NOTHING EQUALS THIS SIMPLE | contract is becoming serious. The result of the dispute is that all REMEDY, Price per Bas British and Canadian mails are now sent to the Far East by Japanese Booklet Free, ships, which are much slower than the Canadian" vessel Hitherto

the C.P.R. mail subsidy has been $525,000 but this year $450,000 was | OglensTM Co., Station Rd. Croydon, Eng asked. The Government refused and offered alternatives which the Company rejected. The culmination was reached when 6,000 mail bags, mostly from Britain, were removed from the "Empress of Asia" prior to her sailing. The mail is now subject to delay of from dve to ten days across the Pacific. Mean while the CPR has contracted to tarry the American mail via Vancouver at the rates asked.

POLAND'S PERIL

Any good clasa Dinggist can obtain this remedy to your order, or it can be obtained direct from us upon receipt

་

DE cost

NOTICES

JUST ARRIVED

Easy hair curlers.

Naifiques

Gillette stropping machines. Hair binds.

Best steel razers,

Auto strop razors.

Bronze hair pins.

Pingud's Brillantine.

A CAPITAL LEVY.

Best razor strops.

pirit lamps for curling Ireos.

IN CAPITAL'S INTEREST.

Lt-Com Hilton Young, M.P., writes in the Daily News ---

London, July $1. Polish telegrams from Warraw admit that a most interse Holsbehvisk offensive has restarted, after acceptance of the proposals for an armistice, the enemy's immediate object apparently being a point between Krestlitovsk and Odoviec. If the objective is gained

There is a great strain upon ouri the Poles will be forced to evacute their principal delenzés, mimely social structure. It is the high the Pinak marabes The Bolshevisks launched a simultaneous attack prica of boots and coal and all the on the Podolian sector but the main issue of the situatia depends on necessaries of life that keeps the impending battle south-west of Grodno where the Bolsheviks have Labour on the boil and threatens already penetrated the ancient territory of the Congress Kingdom. the structure of society with a A Bolshevisk wireless quotes a manifesto to the Red Armies breakdown. Now it is certainly saying: “Our delegation headed by Comrade Kamene has gone to in the interests of Capital that London. Comrades, on your success at the front depends the success Labour should be content. and of the delegation."

that the structure of society should be maintained.

THE EMPIRE PRESS CONFERENCE.

Should not Capitál, then, for its preservation, seek by all means to reduce prices? And if the best way to reduce prices is for Capital St. John, July 31. to sacrifice a part of itself in zi The British delegates to the Imperial Press Conference were wel[capital levy, should it not for its comed at an official luncheon to day. Sir Robert Bruce "Glasgow own sake bo prepared to do so, in Herald") the course of a speech emphasised the importance of the order to save the rest of itself? Conference, which will discuss inter alia better and cheaper cable That is the argument for a press facilities, also the question of circulating news throughout the capital levy, from the point off Empire. Mr. Naylor (President of the Printing Trades Federation) view of Capital. The arguable! said the time was approaching when Labour would govern England point is, of course, whether a This would not make any difference in the attitude of the Mother-capital levy is a way, and the land to the Dominions. He hoped the Conference would result in beat way, to reduce prices. There promoting the best feelings between the industrial elements and the is a growing belief that it is, and Newspaper profession throughout the Empire.

that it is indeed the only way to do so.

CHINESE FOR SAMOA.

Wellington. July 31,

The reasons for the belief, as I noderstand them, are these. They seem bard to confate. The rise in prices since 1914 has been due to two things. First, decreased

In the House of Representatives, during the debate on Samoa, the production, and that only hard Government announced that it had definitely decided to continue to work can remedy; second, in- import properly controlled Chinese indentured labour for Samoa. Creased purchasing power. There which considered necessary in order to prevent the destruction of is less to buy, bat more to buy it the plantations. The House by 33 to 11 endorsed the Government's with. policy thereagent, the Prime Minister, Mr. Massey, having under- taken to sostitute "free"labour" when pɔssible. The minority were mostly Labourites.

JAPANESE IN AUSTRALIAN COAST TRADE.

Sydney, August 2 Three Japanese seamers are expected here shortly to trade on the Australian coast. The Seamen's Union, however, is strenuously objecting to the intrusion of Eastern crews in the Australian coastal service on the ground that many Australian seamen are anemployed

and it is against the interests of the Commonwealth to keep Japanese on the coas).

US. PRESIDENCY.

HOW TO DO IT.

The measure of the nation's purchasing power is not the notes and coin in the country only, but also the deposits at the banks. They are available for payments in the form of cheques, which are now practically corrence. During the war, the deposits at the tanks were artificially increased, with- out any corresponding increase of goods, in order to provide credit

CAMPBELL MOORE CO., LTD.

FRENCH LESSONS.

G. MOUSSION,

15, Morrison Hill Road.

HEALTH against SICKNESS .

TEAIL MARK

By takincruz * ROSOTER BRASD” MACARONI, PASTE STAKA, EGA-ASIDIES, VERMICELLI, sa starr Lase st You Mads 2LDULARLY you will base ass com pénial at any kind of sickness, do all our Products, being manuḥnakazuk frym Flanz of the Best Quality and under the most Sanitary Bethel, cas de räätty digested and gan jau GÖOD HLALT ŽE and STEKNUTH.

Lason quantities have bees exported to rarissa jazse of the workt

Your extreme traders will preview mar prompt and careia) stea: Lun

Torma moderate, especially tvé Agraries.

THE HING WAH PASTE MANUFACTURING CO. LTD. HEAD OFFICE) Hergtorg, Nos. 47 & 48 Commg34 Roof Const. Tel Ma, 2230.

BRANCH OFFICE ( Skarghar, Nos. 430 4.436, Masking Road, FACTORIES: Hongtong. Wing Hing Street. Curseway K25, 106 Shanghai, Ma. 71.

North Soochow Road.

HALL'S DISTEMPER

THE KING OF WATER PAINTS

El Senatory, washable, and high duszafect ing qualities jiske at the steal waḥtomeridgfor your boring va

Sazulim d'atraure and Pointers.

Weste tub and Deneme na **}}/* Sadgraje mong theme pa

1

WILLIAM C. JACK & CO., LTD.

Shahr Agents Hoaglong & South China

to lend to the Government, when JARDINE, MATHESON & CO., LTDĮ

it issued its war loans.

Credit has been manufactored

| in particularin enormous amounts in order to subscribe for Treasury Bills and other forms" of floating debt. In this way the Govern- ment has paid for the greater part of the expenses of the war, oot Senator Lafollette will be the Presidential candidate of the new out of loans and taxes represent- away at the recent Convention of the Farmers Labour Party at that was manufactured out of Chicago. refusing to endorse the platform submitted for amalgama-paper and air. To meet its debts toin with the Labour Party.

Detroit. July 31.

"KODAKS" Liberal Party, which is being formed from the faction which broke ing true wealth, but out of credit

Just uppacked to-day Inspection Cordially Invited.

A. TACK & Co.

26. Des Vœux Road, Central.

JUST ARRIVED

"KODAKS

FILMS & SUNDRIES,

DEALER,

MEE CHEUNG, PHOTOGRAPHER, fee Hour Street.

PUBLISHED ́ANYUALLY.

THE

LONDON DIRECTORY

wich Prostictal & Faralga Sections, enables tradere te upcominšeste direct wiz MANUFACTURERS & DEALERS

ha London and in the Provincial Towns KOČ Intorial Centres of the United Kingdong and tom Continens of Buggys, The bed, address and other dankie see oleated congr man Khan T200 trade bendings, including EXPORT MERCHANTS

with dataDedi, partienders of the Goods shippat and the Coloufal and. Forelyn Markets supplied; STEAMSHIP LINES.

arranged under. Use Poeta so which they mal, and indicating the approxieste Bajinga.

Cos-koda BUSINESS CARDS of Viren Goubekost lo extend their connections, or Tende CaZÉS DE BERLERE MESTING AGENCLES,

NEW YORK- SAN FRANCISCO AIR MAIL

New York, July 30. Three all metal monoplanes, carrying the first trans-continental aerial mail, have left New York for San Francisco to lay out the permanent route for the air mail, which will probably begin in Sep- temter.

FIRE AT NEW ORLEANS.

New Orleans, July 37.

The Appalachiat Corporation warehouses, with thirty thousand bales of sisal hemp, were destroyed by fire. The loss is estimated at over a millen dollars.

COMPULSORY SERVICE ABOLISHED IN GERMANY.

Berlin, July 21. The Reichstag has passed a bill abolishing compulsory military service. The German National Party and a section of the Peoples Party voted against the measure:

THE LEAGUE OF NATIONS.

London, July 31

A communique from the league of Nations states that China has been invited to send delegates to the Assembly of the League on 15th Koveriber...

STRAITS JUDGE'S ESTATE-

the Government encouraged the| inflation of purchasing power, and the inflation of purchasing power without any corresponding increase in real wealth forced up prices.

If that be so. to force prices down we must reverse the pro- cess. We must deflats purchas

ENGINEERS & LAUNCH BUILDERS. MARINE MOTORS OF ALL POWERS IN STOCK.

Works:-Pootung, Shanghai.

Sole Agencies:-Sterling & Evinrude Motors. Makarr

"EWO" Motors.

Associated British Machine Tool,

Kakers Ltd.

A.B.C. Boller Szamei. Režine Luž, (Leather-cloth) Edgar Allen & Co. Ltd.,

(Tool Steels &c.)

"Sarco" Steam Traps, Temp rature

Regulators &c.

Linotype & Machinery Ltd. Pulsometer Engineering Co., LIG T. & W. Smith Ltd. (Wire Ropez). Imperial Light Ltd.

ing power by deflating credit (and fand is simply to invite this party the country and the world so of course increase production or that to come along with some urgently need. Can Capital much as we can at the same fresh scheme of extravagance. afford to turn aside from it? time).

A sinking fund is ever defenceless The war levy would have been Of all means of deflating credit, before the rider. Besides. the a complex and a slow affair. The a capital levy would be much the operation of a sinking fund would assessment of a capital levy will ・・ most effectual. What would be take long years, and it is not safe present far less 'difficulty, and it the true nature of the operation ? to wait. The social structure, will bring in far more and far There would be no destruction of may break down in the mean- more swiftly. The princips! real wealth: that is not. I think, while. In say case, the result argument against it is that it seriously contended by the most of the delay must be that we must create great disquiet and convinced opponents of a levy.should find ourselves redeeming insecurity amongst capitalista. What would happen would be debt in a unit of monetary value. It will not do so if capitalists are that the Government would take worth far more than it was when convinced that the dangers of no securities to the value, say, of & | the deht was created..

lavy are greater than the dangers thousand million, which repre-

If, then, a capital levy is the of the levy. That they are great- sented true wealth, and would best way to break prices, if there er, those who know the state of use them to retire fasting debt is strong reason to suppose that the country best seem to doubt to the same amount, representing it is the only way, should not feast.

and air. True wealth remain unaltered; the

PORCELAIN COINAGE.

paper

Capital in self-defence be propar- would

ed to accept-it? Winter is com- structure of inflated credit raised ing, and food will be

short. upon it would be reduced: pur-Labour is in a state of unrest, chasing power would be diminish-unable to settle to work because! Berlin, June 13. It is proposed ed in proportion to things to be of harassing doubts about the to issue porcelain money through. purchased. and the vicious circle maintenence of the standard of out Germany. A number of round which prices and wages living Capital and Labour are specimens of coins from 10- are chasing each other would be like disturbed and injured by the planning to five-mach pieces have broken.

kirafactured cosulent friction caused by the onen THE WAY TO CONTENT. aborte to keep wages in touch Weissen

But this can be done squally) with rising price. A capital Municipal couns

well, it may be said, by a sinking levy promises to provide a path- have already been pre fund set asides out of rerence way to the state of content and the

raised by ordinary taxation, Who mutual confidence that believes it Le Inibe present siets, aryerin order that Omp