1922-02-10 — Page 3

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14

CHINESE CHAMBER.

TELEGRAPR. FRIDAY, FEBRUARY -10, 1922,

Crown Lands Resumption.

A meeting of the Chinese General Chamber of Commerce, hald yester- day afternoon, was attended by al large number of members, the Hon. Mr. Lau Chu-pak presiling.

Before the proceedings com- menced the Chairman invited all present to stand up and join him in expressing their condolence on the death of Sir Henry May, the predecessor of the present overnor of Hongkong. Mr. Lau Chu-pan said that Sir Henry had identiñek himself with public service id Hunghong for over 80 years and it was largely due to his favour. able attitude that the Chinese Chamber of Commerce Was established.

A telegram would be

sent by the Chamber to Lady May, through the Governor Sir Edward Stubbs K.C.M.G., expressing sincere sympathy in her bereave-

ment.

Expectancies and Probabilities.

Mr Lau Chu-pak saki that it} would be remembered that at the Just meeting reference was made its the proposed Bill to amend the Crowe Lands Resumption Urhnan- fee, 1921, which aimed at the ex- clusion of mere expectancies and probabilities" from all claims for jeumpensation in hail resumption. A sul-cenenittee was appointed to estine and port on the Ball and the result of their deliberation

· 11:30 Contazed in A

a hich wault b nimitted to

the Guvemment. Mc Lan Phujakį

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Kiaochow Railway.

Government

after

CHINESE BANKERS'

OFFER.

Financing the Shantung Railways.

Something over a year ago the Chinese bankers formed an as-

One of their first acts

sard that a bitter load iet meened! Mention was made by Mr. Jon from the Colonial Secretary askingup-nk of the establishment of | the Uhamber for their opinion of the mompany in North China for the | Hill. Maving a summary of the sub-purpose of redeeming the Hichow framraitter's deliberations, Mr. Lau! Radway from the Japanese, Mr. Ches-pak swad the report pointed out Law Câupak sail thân, angonling that it was not clear, in the Ober-to the tabornati a costituitool in the and Beamar-, whether the Bill was Articles of Asscection of the new (intended an angly to lands held un-renera, the mawag nel 180ciation.

der certain te sures For instance, subsees to the wate

was to raise a loan for the pur- it was not char troen the cooling tower

chase of much-needed equipment and vithet the list of the example fedemption, but the Bort for the Government railways. Bat najpermint than "Biogels and leasing Viruinstrators would

they did more than supply the whether building laarde hell under en appointed by th

money: they insisted upon sup 70 your and 21-year is bes which people who toun bel the Company evising the spending of the dll not contain a "newal" etaner|The nailway would not themoney so as to make certain that would ever within the scope property of the thing foveme

it would go for the purposes in- "Members who beri pateaded and not stick to the fingers was intended to apply to this take up shates shouli commisarate of officials through whose hands fetis, of land the Sub-commiti, (with the Chainter,"

it might otherwise "pass. Their wommitted to the finkernment that

service to the country was ge- erally recognized at that time.

af the Bill I

1

la mnt.

Chitre

Lard Workers' Exalted ·

Attitude.

| compensation el, mil ke part in all such cases in respect of the pro Frabikes

In went letter the Chine de espertang that the doors of Hongkong or Senec - word I bes nun wed. BE

Trin

Nor did the interest of the Chinese Banking Group in con- temporary political affairs end with the floating of the Railway Car Purchase Loan. This group, I that a tape member of your page their empligees for am mers of since its first organization, has

The Sotary had writter

been a factor to be reckoned with Fins, the

22: end a war the sky is inviting thehin any politice! more, and from 1for them poor matestat the age į Pegotiate with the employer time to me it has issued rea- The terolutions voicing its opinion on mitten askedexenqton Aste through the (humaines, Fan 1 kans in Chian define that is poplo, sati tho s egild and afford | China's national and internation fiths peland, whether boating or if the Secretary really is kept ali e the impression created time to call at the "Chamber al policies. Throughout, it bas agnriltum!, were popotuit, t jeeted to the waermittee that to help in effeting a Settlement worbi quite pleased tr receive him t thear tall.

tu bangs belt ig Chin the Chery assistinee of the Chaniwers | atan sing the dihen minutte Fun || rffset a settlereng a the tribe of

the preshat bublers, so long as they je mali prove their titles, should be

menced in the enjoyment of their Tor Chinese Chamber property de mompensation simpt Commere- had invazivals prompt

The paid to them, ie ang restitig

tws wvoeling to the prevailing marla't value) irrespective of the

st

In this wonderbug the

kestel that h But in the long made only

1.

い

to resurat-

between

settle different r fores not employed, test the Chairman b-3-4 the Chami euid Ave no asistance in ti mase nader the cireusstaares.

th

pressed that

H

fatter

at its formation: that it would be a steadying and constructive influence is national affairs, and that it would not be dominated by political or militaristic cliques.

Now, according to information; from the Cabinet office, it has come forward with another plan for rendering a real service to the country. The Chinese Banking, Group offers to float & domestic bond

issue for $30,000,000 for the purchase of the Shantung Mr. Chan Kangu uzgested Railway from Japan. The plan Ta mitmetion with the

that the Chamber comply with this to use as security the increased revenue from the Customs (which.) hunk esumption, sald M. Lanfrequent of the strikes and a re Chu-pak, thesis committee who rentilive be appointed to incer. according to estimates should 140 watey t the therint te

more than cover the entire bond) i pre« ntations und

thro Proposing the appointment of issue in the first year). Further: that the Clos-enrumut

Mr. Chan Kanique n the Cham details have not been made often rumpulsorily aesumed larger's representative. Mr. Chan public. portions of private bow and Siu-kind that no man was better when only a much soufler area qualified than Mr. Chan for the was netually required for puble mission.

BNERAT

hd.

shelver.

view them.

| purpose, nuk resht the residue at Mr. Chun Kun-yue declined, the

a profit. The sub-committee had hers requested to ask the Govern

trs are more londi than w

1. Regulation of Exchanger.

Mr. Lau Chu-pak then read the

appointment.

the men.

Whether or not the bankers') offer originated with the sug gestion from Washington which

is contained in the telegram re- ceived by the Government, it

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dealers accepted the demand of The Chinese delegates at Wasb- Mr. Ho lu said that the lard comes at exactly the right time. E fat to their way in future not their employees for a $7 increasington have stood out for the absolutely necessary for a public in wages, and there would bare proposal that Chins put the been nu strike but for the subec. Shantung Railway outright. The quent deraand made by the lord question has been: where would Workers for shorter working hours. Chins get the money? Shanghal The demand was rejected by the organizations have made generalition may be raised as to whether perquisites out of the transaction report of the committee appointed employers, who preferred to close statements that the Chinese te increased income should not Probably they will take the same 16 consider the propioed regulations their doors than to further humour people would raise it, but these be assigned as security for earlier attitude in this of the love arsent to apply to exe]

Efforts had been made have not carried much conviction. loans which do not have adequate Therefore there may be no great changes in Hongkong. Our the proto engage new men,

buk with Now that the Chinese Banking quarantees. But no et pulation enthusiasm for the new loan. In pond of Mr. M. K. L, seconieriut Success oxing to Group has come forward with a to the effect was made when the Cabinet circles. But It is very be Mr. Chow Fr-ting, the reporttimidate and assaults committed definite proposal, however, this increase was granted at Washing-doubtful if this lack of enthusias was altered and reud in effect upon new men by the strikers. Particular stumbling block in the top, which leaves the Chinese will be shown. The bankers ar that the Conmittee of the Chamber It was unanimously decided to way of a settlement has been Government free to dispose of the given the Government superb contilered the Bill uncrsary be put apie the letter of the lard removed.

new income as it sees fit: Moro-chanee cause of the bad effects which the dealers.

It is not likely that either the lover, the new bond issue will not thing for a loan for this purposa to do a popular exchanges in Shanghat had pro-

Customs Administration or the sorb anything like the total and under such auspices unques duced upon trade and commerce.

Cabinet will oppose the bankers"aditional revenue, unless it is tionably would be popular and However, in view of the contents letter of thanks to the Hon. Mron of prior claim on the new very short time.

The meeting resolved to write plan. In the first place, no ques-planned to pay off the bonds in a effectually to suppress the reporte of two letters sent in by two H.E. Pollock for a gift of thres Customs income would be raised there is the report that the sug-with Japan and offering to make And, finally. that it was negotiating directly- Chinese exchanges now carrying pictures to the Chmber. The by using it as the security for such gestion for soob a loaa has coms on business in Hongkong. the Chazabez was of opinion that they pictures, sand Mr Lau Chu-pak, & loan. Tea per cent, of that in from the Conference at Washing of the railway. The chance is should not be compelled to close were scenes of Hongkong before it cresse have been set aside for the too.

diplomatic service and the reform As for the Cabinet, there is the down and an opportunity might be was ceded to Great Britain. given to them to show whether

of the judiciary. But there is possibility that objections may be they could carry on their busmess FOOTBALLERS' BAD LANGUAGE. tion against using this increase can be used for other purposes plenty left. Nor would the objec-fraised unless some of the lane on the lines indicated in their:

The Lancashire Football Asso-as security for political loans than the purchase of the Sasa ne serious question left in con- s that a definite answer to the letters. The letters sent in by the ciation reports. that out of 655 hold good, two exchanges would be submitted players ordered off the field for in question, particularly ander the negotiations for the Railway from Shantung has been girsk

відсе the load tung Railway. At the time onection with Japan's withdrawal., to the Attorney Creteral, together using bad language," 60 per cent, the Banking Group's administra-Car Purchase Loan the bankers ind given by group in San with the report of the Committee were members of Sunday School tion, would o Ito the Chamber.

be

for showed that they did not intend here is popular confidanost purposes. Some questo let political officials bave any Peking Leader.

Old Hongkong.

League football clubs.

politic.1

Japanese loan for the purchase

nay expect the Cabinet to come too good to let slip. And so wa

suf heartily in favour of the plan.

The important thing, however,