1921-01-15 — Page 3

Hongkong Telegraph 港電新報 士蔑新聞 All

NOTICE.

THE HONGKONG TELEGRAPH. SATURDAY, JANUARY 15: 1921.

3

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ཡསཏི!.

OPHTHALMIC OPTICIAN

BAD TIMES AHEAD.

Premier's Appeal to the Nation.

Mr. Lloyd George who was the principal guest at the dinner in London of the Federation of British Industries, emphasised the need for all round economy on the part of the nation as well as the Government.

General peace and steady work with both hands were required.

Expenditure must be reduced, as we could not afford the present scale.

|

|

LAZARITE, --

Supplied by

LAZARUS.

28, Queen's Rd. Cil, Hongkong,

the best goods that any land can TOFD BUL And it is in rags and wants to buy. But its pockets are full of paper. It exant buy. And until a customer is in a condision to trade with you, wa must admit it.

Do not let us work up pretend- ed causes; let us get at realities. Britain has got to work its way back to a fult parse, and until it does that nothing the Gorern- ments can do, nothing that feder- ations can do, and borbing that Dewapaper articles caz do can help us. Cavers. That is no salution of the problem.

It is said the boom of trade is over, and that we are getting into

THE REMEDIES, the slack period the continued),

Now I come to one or two re- Whether the period of depressionmelies, and the first remedy is is going to be long or short, there pace. Europe cannut worka its is no doubt it is going to be serious way back to prospenty unless it

The question is not whether

his peace. (Cheer-) Ehere is a something or anything can be

great story of reconstruction in a done to avert it. I am conving great old book of the men who it is inevitable, but the question reconstructed a broken city with is whether something can be done

a towel in one hand and a swor! Dashurien and mitigate as evils.

in the other. It was not very Niffran, hear.)

quick work. It was worse than working under Trade Union re Įgulations, (Laughter) Europe to get bark must work with both hand (Hoar, bear) She canno handle both the sword and the trowel.

atmospheric

DON

It is not an depression that country: it girdles the whole earth.

THE WHOLE WORLD SUFFERING Now, it is important when you teome to think of remedies to get chat fundamental fact into your minda---thear, beati-so that we should not run into remedies that may be applicable to one country and not to another.

Tao whole energy of busines. men, of workmen, and of stares. men is needed to replenish the improverished parse of mankind. That is what some of us have been doing our best to do to tre For instance, countries with to restore peace conditions. The totally different economic sya is why some of us attended con- tems are suffering alike Proferences. (Laughter.) tectionist countries, Free Trade I am not a great believer in countries, countries with good paper, whether it is diplomatic Governments and with bad paper or paper moner, and I fin. Governmenta--flaughter) "coun there is more business done it. tries whose Governments in the conference than by month : Desea of Lord Northcliffe can do correspondence, and the moment no wrong, and countries whose we get down to conference th Governments in his Lordship's rouka disappears. clear eye can never do right.

the embers

פי ?!

That is why we had to work (Laughter). They all suffer lior peace.

Don't stand the ahke is raining on the just men who are constantly blowing and the unjust without

of the stint. "And Socialistic countries (Üneers Stamp out the are suffering just like those who are going alous with patrol wretched individuale are suffer ins (hear hear)-in order to fing

start fresh fires in the work. The working classes are more They are a curse whatever their wretched where the sun of liberty profession, and it is not conäined is abining upon them under theo Bolsheviks or Sinn Felters

egis of Lenin and Trotsky than constantly starting incendiary they are in this benighted coun-fires here and there in Ear pe in trg, where they are locked us in † Avia. and the dungeons of capitallam.

The Perywhere. world wan's time. it wants

STATE SI VLD SET THE EXAMPLE

SHIPPING NEWS.

HAMBURG WHARVES. Many large British and Ameri- can lines are now acquiring their own wharves at Hamburg. BRITAIN BUILDS OIL-BURNERS FOR JAPAN. Two oil-burning ships have been constructed at a British yard for the O.SK.

DEVELOPMENT OF SEATTLE. Fifty-six U.S. Shipping Board argo vessels are now engaged in commerce to and from the port of Seattle.

BRITAIN CARRIES AMERICAN MAIL.

For the first time for many years the American mail to Great steamships only. Britain is carried by Brition

BRITISH WAR VESSELS REALISATION,

Since the Armistice, 1241 British war vessels of all des- criptions have been sold for tota! of £10,609900 and 538 scrapped sielding $1,500,000.

MARINERS AS CONSTABLES, Many unemployed officers of} the British Merchant Manne in the U.K. are joining the P.LC. All seamen will wish them suce (cess'and safety in a profession which, under present conditions, is as dangerous and as hazardous a one as could be found.

SHIPBUILDING IN BAITISH COLUMBIA.

The Canadian Government has been asked to approve a contract which the Government of Mexico has entered into with the Prince Rupert (British Columbia) Dry- Hook Company for the construc- tion of 37 ships, chiefly oil tankers. This is the first order

for ships to be placed in Canada ny Mexico, and the Government is being asked for a guarantee under the recent shipping legisla.

on.

CANCELLATION OF THE CLYDE SHIPETILDING CONTRACTS. Advices from Cilasgow indicate cancellations of contracts made with Clyde tiems by Continental shipowners following on several earlier candellations. Spanish owners have cancelled orders for ships machinery, and Sorwegian owners have cancelled two orders additional to those already an-

are holding up machinery orders which had been arranged over veveral years. It is hoped that only be really suspensions, cod some of the cancellations may

that with any improved trade

Has anyone taken a piece of peace to attend to its busiaca,nounced. The Lloyd Royal Betge paper in his band and reckoned † (Ubers) up what it cost--not here, but to the world? The cost is over 40.000 millions sterling of des truction, ten millions of young. vigorous lives, ten millions ofference in industries, bat remind-outlook they will be renewed. empples. Go to Europy, which is impoverished. Have you sY00

A Creat

He shared their feelings against Government control and inter

el them that the Government

a shop in a prosperous neighbour. were pleased to shield essential hood doing well with

industries and to deal with dumping and the tumaver and earning big divíd-

exchance ends? Suddenly something Problem. Our policy was in the happens to the neighbourhood main that the least interference

A NEW FORM OF CHARTER-

PARTY. For the last twelve months the Revision Committee of the Baltic and White Sea Conference have

It is impoverished, and trade has with trade by the Governmentsd under consideration a naw

cone. People who surround it cannot buy, and if they buy ther cannot pay, and that shop is not as prosperous as it was. Well, our customers are impoverished.

OUR CUSTOMERS BANKRUPT.

I got figures from the Board of Trade this afternoon of what we sold to Europe since the war. We sold from this country, most of

the better it was for trade, and the better it was for the Govern

ment.

chart r-party for sailing ships, and they have finally decided up- on its form. and have remitted

Council of the Conference. Alter

There was the matter of publishe same to the Documentary and private economy. He purefol examination of the clauses public economy first. He agreed that it was for the State to set the

example. Public expenditure had got to be cut down to the mini- mum consistent with national sə curity and efficiency. Economy

it our own products, but we got a should be made a nations! effort, profit on e7en what passed sad not a means of discrediting throogb-we sold two hundred the Government.

the Documentary Council has

decided to issue the charter as a recommended document, and it) now awaits the approval or dis-

will be known by the code name aproval of the general body of members. The new charter-party

of Netfer."

and forty-six millions' worth of "You cannot economise unless goods. At present prices. I am you_make_up_your minds „ta. not sure about borrowing The economise all round,” added the priating press may save you for Premier. "You must always

There had been an orgy of ex- a time, but you cannot always taka into consideration the penditure not only in this country, carry a sack of paper on your national resources for the time but also in France and the rest of backs. That is what is happening being" (Applause.) The Gov-Europe. He agreed that the Gov- in Europe. They cannot get on ernment had appointed a Com-ernment should set an example without it, and when they buy mittee, and it was certain they to the nation, but at the same they cannot pay. Laughter.) would out down expenditure to time the nation should set an

Have you ever Been the the very lowest limit compatible example to the Government, spectacle of a man in rags, down with themational conditions.

The 18Source: of Britain at the heels, standing in front of He feared that in a short time brought her triumphant through shop window looking at clothes the Government would have to the most terrible struggle that and boots of the latest fashion? ask the nation to smist them she was ever called upon to meet, And you say, why does he not against the screams that would but I am covinced," added the buy; be is in rags, he needs come from the other side. The Premier, "that the strength of them why does he not go in the Roswer to these screams was, Britain and of Britishers will shop? He cannot pay.

You have got to cal down ei- serve us to pass through the Europe is standing in front of ¦ penses because you cannot afford | struggle that is, ahead.”. (Lond our shop windows, stocked with them.”

cheers.)

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THE HONGKONG DISPENSARY. Telephone No. 16.

ON MONDAY JAN. 17TH.

WHITEAWAY'S

WILL COMMENCE THEIR

ANNUAL STOCKTAKING.

SALE

HUGE STOCK: GENEROUS REDUCTIONS.

In order to bring our Stock down to normal and to make room for new Spring goods we must clear $20,000 worth of goods by the end of February. With this end in view we have made the reductions in this Sale extremely liberal and at the present exchange we are offering a large portion of our Stock at much below English cost to-day.

BUY NOW & SAVE MONEY

COME EARLY TO SECURE THE

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WHITEAWAY, LAIDLAW & CO., LTD.

HONGKONG.

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