1921-08-12 — Page 3

NOTICE

Fictor

THE HONGKONG

Arrived

VICTROLAS

Just

No. VIII

No. X

VICTROLAS

No. XI

VICTROLAS

Also

good selection of

Victor Records

S. MOUTRIE & Co. LTD.

SOLE VICTOR DISTRIBUTORS

A Sure Cute for Prickte Hea:,and Other Skin irritation caused by hot weather

OUR PRICKLY HEAT LOTION AND POWDER

50 cts. & S1.00

OBTAINED ONLY AT

COLONIAL DISPENSARY

Telebone 1877.

14 Queen's Road. Centrall

DINNER SERVICES. TEA SETS

1708 12 PERSONNE

RUGS

GARPETS & TABLE COVERS HOP CHEONG

So, 15.

Complete How Farmanos, 35. Qaz Eva! Cond

TELEGRAPH.

FRIDAY, AUGUST 12. 1921.

THEFT AT HONGKONG|FIASCO OF NATIONALISED.

BANK.

SHIPPING.

Colossal French And U.S. Losses.

THE WORLD'S SURPLUS SHIPPING

Important Factors in the

"

Situation

Jan Norvak, aged 28, a tailor, who was arrested in the Hangkang and Shanghai Bank, Shanghai, after stealing $1,000 from Captain

Outstanding claims against the Presiding at the annual meat- Williams, of the str. Wosans, was nited States Shipping Boarding of the Royal Mail Steam arraigned in the Mixed Court, on

amount to £65,000,000, states Mr. Packe: Co, held recently in Lon- August

Detective-Sargeant

Atheri Lasker, the board's head, Jdon, Sir Owen Philipps, the Chair- Tinkler said that the accused

who puts the monthly working man, made some interesting claimed to be a Pole, but the loss of the nationally-owned fleet remarks upon the position of the Polish Consul would not recognize at nearly £4000,000. A report in company and of shipping general- him. He was born at Lemberg, the name of the Mercantile ly. He mentioned that the R. M. and it was asserted that he was Marine Commission of the Cham-S. P. Co. directly owns over really an Austrian. There were bar of Deputies estimates a de- 340,000 tons gross register of suspicions that he had been feit of 1,300,000,000 francs on the steamers, while the total fleets of intimately connected with Bol-operation and sale of France's this company and the other ship- shevist propaganda.

state-owned fleet. "This is the ping companies closely affiliated Captain Williams 'went to the price of nationalisation." was the to the Royal Mail Steam Packet- Bank and cashed a cheque for comment made by a well-known Co. aggregate more than two $2,400. He then turned to speak London shipowner. "Staggering million tons gross register, or no to someone and, looking round as these figures are, they are not less than one-ninth of the entire again, he found that a packet of the whole story. Not so long mercantile marine of the United $1,000 had been taken from the agu Admiral Benson. when he Kingdom.

head of the United After dealing with the financial money he had placed in a hans bag. He seized the accused, who States Shipping Board obtained position of the coming he went

$34,000,000 from the Senate on to speak of its special activities į was the nearest man to the bag and searched him, but could set to cover working losses of the and pointed out that they had en- fleet to July 1st. Then, early intered into a satisfactory agree- find the notes. Then he picked up June, he was granted another ment with the Hamburg Port the accused's straw hat from the $75.000.000 to meet the dea-Authorities for a long lease of a counter and found the notes under-cianes on the next fiscal year. quay berth in Hamburg, suitable neath it.

"Io a word, a great national for their requirements. When The accused had told the police mercantile marine has shown the necessary sheds, etc., have that he went to the Bank to trans itself hoplessly incapable of sup- been completed tbes would fer $20 to the account of a woman porting itself. It can only be possess excellent facilities for in Peking and that he had only maintained out of the pocket of handling their vessels at that been there about five minutes, the taxpayer. That is only when pork but they did not believe this, as alone would expect. More per- detective had seen him there for baps than in the case The remarks by Sir Owen

of any

other industry Philipps on the subject of coal Captain Williams gave evidenze shipping is unsuited to the bung-were of extrene interest. He that the money was for the wages ing control of the Closerament said: of his crew,

Broad He drew $2,000 in official.

questions ef Shipowners are to-day faced two packets of equal amounts. As policy and the technicalities of with great difficulties in endear- 3003 as witness noticed one of the ship-operation

alike 100 outing to run their vessels at a packets was missing, the defendant complex to be handled by the profit, more especially by reasoD threw up his hands and mattered amateur. They demand years of of the high cost of coal. I am something, which made witness experience and the efficiency here referring to the period just which comes from the keenly com- prior to the strike.) I have suspicious of him.

Mr. W. D. Guy, who was also petitive conditions under which recently, been looking into thel at the counter, said that, just be Behind our personal experience to this company at the time when private enterprise is carried out question of the actual cost of coal fore the theft was discovered, awe. in England. have accumulated first I became chairman. man Ricked

I бnd his

traditions of centuries of oversea that in the year 1902 the average adventuring. The adventuring cost of all coal consumed by the The defendant confessed to the of individuals, that is of men company's steamers in all the theft, pleading that, being poor who had to run their own risks ports we serve, including rail and having failed to secure work, and stand their own losses carriage and freight, was exactly whilst his wife was sick, he was Government Departments can be a ton. In the following year tempted when he saw so much adventurous enough with other (1903) the average price had in- money near him. Defendant was people's money. Proof of the creased to 22%. 33, while 10 years held in custody for a fortnight. Failure of a bureauerser to control later namely, it the year 1913. whilst further inquiries were a mercantile marine can be found the average cost, including rail- being made and he will then be in the existence of the Jones Act age and freight, had increased to brought up for sentence.

by which the United States 22. 11d., which latter figure in endeavours to minimise the comthose days we considered a very petition of foreign shipping with high average price.

at least half an hour.

face.

Neirs

a paper across

HONGKONG UNIVERSITY.

the

A: The cost tending the Toiversity must commend itself to those Chinese who, for one ressun or another, are

it would

at all.

ba 30

are

THE PRICE OF FUEL.

The high cost of coal in recent| rears has led to car coal export

its Own. A bealthy in Last year the average cost per dustry needs no such artificial ton of alt coal consumed by our Solstering up. Our British ship steamers, including railage and Commenting

Hongoing earned its position as the freight, was 100s. Id. as against kong University's Calendar for world's carrier on its own merits, the 1913 price of 22. 11d. The 1920 121, the North Placa Pally by giving batter services than its average price of coal including:

foreign rivals. It has never asked railage and freight, has now for Government subsities or pro dropped considerably, but those tection. It only wants, now as in who believe that it will be possible the past, complete freedom from to continue to sell coal at over £1 unable to proceed to fireat Britain Government interference. ALIS a ton will. I fear, have a very For example, Soph will cover bralia's nationally owned mercan-rude awakening in the near expenses at the University during ile fleet is sometimes quoted as a future, and that applies to the term time for a whole pear, los- |-uccessful experiment in this views of both masters and men in than the east of passages to sad direction. What are the facts the present dispute. from England. Were this indure. Mr. Hughes Was extremely ment counterbalanced by any 13 fortunate in being allowed · tr tenority

ibe educational acquire a number of vessels during -tandard c: the University, the war at a time when the salt induerme British ships was, apart from not the this instance prohibited. Many came, for the standard of the T'ai f these vessels never came near versity of London is the one aired the war zones. They fat at by Hengkou, and that. Ai practically 119 neutraly a00

are in British Colony, meet opened to neutrale. So for a while a handsome profit was shown JUST received a large Consiguineht of (1) LACTOGEN the Empesa fellow students, and at nost digestive food for Infants which keeps good in quality during the same time are in touch with all With the return of more horma Thereby they are conditions and the free play of Hot Weather: (2) LACTOSE (Milk Sugar) for sweetening the foods things Chibere. of Infants and Dyspeptics: 8 MILFORD MCGRATH FLUID preserved from the depationalivion competition, the Commonwealth

THE OUTLOOK. INSECTICIDE the Best Fluid for destroying Fleas, Mosquitoes, Readerries of a purely Eumpest Government Line went the way

Speaking on the shipping out- Bugs, Flies and all other insect Pests in Summer days; and (4)ducation. These ste factors which of all concerns until now it seems JOHN CAHILL'S GOLDEN FLEECS, MAGIC and CINDERELLA cot but be for the good of the likely that the fleet will be sate look generally Sir Owen Philipps

students and when the facilities as the best means of minimis remarked:-- SOAPS for keeping everything elean in Houses.

held out to esternal students für jing losses. But why trouble to Last February, when address- advanced instruction i fannu- add a word to the crusbinging the Chamber of Shipping of bycta are fully availed of, the criticism uttered by the head of the United Kingdom upon my University will fill that educational the United States Shipping Board? sppointment as president for the role which its caginators dreamed It is hardly credible that anybod; year, I pointed out that the total of year, $20.

can honestly continue to believi world's tonnage at that time) in nationalisation in the face of exceeded by 10 million tons the} .

uch an indictment. America' amount afloat just prior to the: shipping business today, be says war. The actual tonnage of the is the most colossal commercial world in the water today is some

world bas wreck the

YOU CANNOT AFFORD TO BE WITHOUT THEM.

PRICES are Nery Moietate. Inspection and Baqaines are cordially invited.

理代粉奶牛

SHIU FUNG TAI & CO.

Sale Agents for Hongkong and South China

47 and 45 Connavara Hout Central, HongsNA

SOLE AGENT,

Telephon- No. 1239.

VARE,

仔

DAI NIPPON BREWERY COMPANY LIMITED TOKYO, JAPAN, SPECIALLY BREWED FOR EXPORT.

MITSUI BUSSAN KAISHA, LTD.,

HONGKONG.

ko, beck. The students

CANTON TEAHOUSES.

Preparations For A Long Lock Out. Credit should be

given the

rade being reduced from abou: 70,000,000 tons per annum to less than 25,000,000 tons. If we are to regain our trade supremacy and secure etapioyment for the large number of steamers now laid up, it is absolutely essential that the

to its pre-war level, or possibly even lower, as it is always difficult o regain markets that have poce been lost

Parned the high freights ther price of coal should come down

NOTICE.

GENUINE

"MCGREGOR

SOCCER & RUGGER

BOOTS

$12.50

PAIR.

INTENDING PLAYERS ARE ADVISED TO BUY NOW, AS OUR STOCK IS VERY LIMITED.

EQUIPMENT FOR ALL

SPORTS.

LANE, CRAWFORD & Co.

AT YOUR SERVICE

CARS THAT ARE COMFORTABLE.

RATES THAT ARE REASONABLE.

DRIVERS THAT ARE RELIABLE.

SCENERY THAT IS ENCHANTING.

SATISFACTION THAT IS ASSURED.

Hongkong M

BY

"PHONING EITHER

Kowloon

The United Motor Co., Ltd.

July 28 to August 16

NOW IS THE

10

TIME

BUY and SAVE

AT

SINCERE'S SUMMER SALE

SOMETHING SPECIAL THIS YEAR.

UNUSUAL BARGAINS,

COME EARLY.

ever 11 million tons more than in THE SINCERE CO., LTD.

24

seer, and the financial back-July, 1914. or an increase over ing of the Government alone pre-war figures of about prevents it being the greatest percent. The amount of tonnage employees of the teabouses in the bankruptcy even recorded. Our of all nations which is at the pre-

of the strike. The strikers were

a the mid-Autumn Festival is

drawing gear. It is said that the smallest teabouses reap Hundred- of dollars profit before and after the Festival while the larger caes thousands.

uation have it."

down

GENERAL NEWS.

£2,500 FOR "PILGRIM'S PROGRESS."

*HONGKONG EMPORIUM."

make up

city who went on strike on Tuesday, British seemen grasped the sent time lying idle in the ports after apertaio date, although it a very large number of the io that toctfulness and foresight dangers of rationalisation at of the world may, I think, be as may continue to be sea-worthy, steamers which now are employed in the carrying oul. orce. and turned

themed to be not much less than provided sufficient money is ex-the tonnage of the world are esreful to bave the strike declared suggestion in a ballot by a large eight million tons gross register, pended upon it, it becomes an considerably more than 20 years majority. They have the sea and probably more. All over the uneconomic asset and unable to of age, and many of these are sense as the men of no other world the ports are full of vessels compete in the world's markets quite obsolete. It will never pay for which no employment is arsil- with a modern, vessel, fitted with anyone to keep in repair and cou- able. Owing to the severe slump the latest and most up-to-date mission a large proportion of these in trade, the actual volume of the machinery and equipment. old obsolete vessels, and, therefore, world's overseas commerce at the Anyone whocarefully examines although they swell the present moment is leas than it was in a list of the vessels that now total tonnage of the world, they To prepare for eventualities, the

July. 1914, so that there are still compose

the world's flects may, for all practical purposes, strikers have stored up considerable

more than sufficient vessels not | cannot help

struck be left out of account.. qunatities of rice in their guild Two first edition copies of laid up to carry all the cargo with the fact that at In the case of the older-vessels · building and the various breach Banyan's "Pilgrim's Progress" offering.

present there is a much larger which well-managed steamship offices of the guild throughout the were sold together at Sotehby's In times like these it is neces- proportibi of old vesselain service companies may still retain in city which will be supplied to the for £2,500.

sary to face facts, and in view of than is normally the case. Many their fleets, these are always members of the guild on strike. IRISH DAILY STOFS PUBLICATION. the situation I have mentioned, vessels are still afloat which, had written down to break-up prices. meeting of the leaders was called

The proprietors have decided it might, at first sight, appear as it not been for the duration of in their books. The surplus, or for the present to discontinue the if many years must elapse before the Great, War, would long since excess,

of effective shipping issue of the Dublin Daily Express shipping again resumes its normal have been relegated to the scrap tonnage of the world is nothing until their employers come to and it made its last public ap-activity and prosperity. For heap. It may be some consolation like so great as it would, appear term4. The leaders pre fict that pearance last month. The paper tonately, however, a ship has sto shareholders in well-managed to be from the figures I have the strike will last a month.

was founded in 1851.

comparatively short life, and shipping companies to know that mentioned.

on Wednesday afternoon at which

it was decided to carry on the strike

being