1922-07-07 — Page 3

NOTICE.

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NOTICE.

NOTICE.

FRIDAY, JULY 1, 1822,

THE HONGKONG - TELEGRAPH.

EARLIER TELEGRAMS.-

THE BANQUE INDUSTRIELLE.

Owing to the advancing cost of newspaper production, it bas been decided to make an in- creased charge of 2- per cent. on present rates, as from April Is., 1922, on the following dra- criptions of casual advertise ments, namely:-

Government Notifications, Municipal Notifications. Official Notifications. Legal Notices. Company Notifications Association,Club and Society

Notices.

This, of course, does not affect the abarges made for contraet spaces held by com. mercis firms, or for small "Want" advertis-ments.

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MRS. H. SUGA MR. U. SUGA

No. 11. D'Aguilar Street,

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A PODICURE

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CREEN ISLAND CEMENT

COMPANY LIMITER......

PORTLAND CEMENT.

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In Bags of 250 lbs, net.

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General Managers,

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MASFACE EXPERTS

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London, July 6

A special Paris message states that the report of the Senatorial Committee in regard to the Banque Industrielle de Chine signed by M. Guillaume Poulle declares that the Directors of the Bank were imprudent in granting almost unlimited credits where such confidence was unjustified. They attracted depositors from the Far East by allowing a very high rate of interest and thought to compensate themselves by involving the Bank in long term credit operations of considerable risk. Moreover, they tolerated latge uncovered personal liabilities among Directors which pointed to private speculation on their part. Dealing with the inefficacy of the assistance afforded the Bank, the report recalls that what absorbed the large sum after depositors were paid off was the pay- ment of fresh advances to different debtors whereby in Paris alone the debit accounts were increased by Fr. 72,000,000.

Writing in the Revue dea Deat Moudes, M. Dareais. who accompanied Marshal J.Cre to the Far East. N marks that whereever Marshal Jure came in contact with financial or commercial or industrial circles, whether French, Chinese of Foreign, he found the unanimous.. opinion that the Banque must be redoated. M. Dareais points out it is absurd ta speak of rivalry in the domain of exchange depasita, advances French Indo-China, Siam, etc., which are common to all banks. British and Dutch possessions in the Far East are developing with incredible rapidity and the volume of business is increasing so that everyone can prosper without injuring his neighbour. The reason for the Banque Industrielle crisis lies in the fact that the Paris Directors lost sight of the principles on which the Bank was founded Deposits and profits harvested from Singapore to Yoki- nama were imm:bilised in purely name affairs, in which they were swallowed up or compromised.

THE IRISH TROUBLE.

London, July 6 The O'Connell Street Bres were ruging fercely at midnight and the complete destruction of the hotels appears inevitable. Firing has ceashd except for occasional sniping. All the Irregulars have either escaped pr been captured. Cathal Brugha was wounded whilst desperately attempting to rush the butpest troops. IN no information regarding De Valera.

There

Later.

Fires in O'Connell Street raged all night, the sky being it up by aheets" of "flame. Firemen are working valiantly to prevent their spread to ether thor.ughfares.

Altogether twenty-five of the city's most important buildings are destroyed or barning. One serious effect is the great diminu- tion of the already inadequate hotel accommodation, particularly disastrous in view of the approach of Horse Show week and the Tail Teann (2) games. The latter are fixed for the beginning of August. Hosts of overseas visitors are expected.

Cathal Brugha's condition is critical to-day, fallowing upen an speration in hospital.

Robert Barton, De Valera's Minister for Defence, who escaped, with De Volers from Sackville Street on Tuesday night, has been arrested.

The surrender of Sackville Street followed nightlong sniping by the Dublin remnants of the Irregulars.

The Government in a proclamation triday calls the people to arm and says that the Army is broken by a conspiracy aimed at imposing a despotism based on brigandage, but the possibility of continued sporadic action necessitates the increase of the Army.

145 PRAYA. ET Therefore, the headquarters of the volunteer organisation has been

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instructed to appeal to members to accept active servire for six months and recruit other citizen. desirous of joining. It con- fidently anticipates that the people will willingly respond. "do their part in making the country safe for democracy, and re- establish resurgent and triumphant the Irish nation on a firm and lasting foundation."

DUTY ON COTTON GLOVES.

London. July 6.

Political significance is attached to Mr. Lloyd George's pro- mise to the Lancashire deputation hendid by Lord Derby yesterday that the duty of 33 1/3 per cent. on fabric gloves from Germany would not be enforced until Lancashire's case there against had been fully examined.

Meanwhile the House of Commons will not be asked to approve of the order under the Safeguarding of Industries Art for the im- position of the duty.

The Unionists are already protecting against the decision, which is regarded as a concession to the freetraders. They threaten to end the Coalition if the Cabinet reverses the decision to enforce the order.

FRANCE AND THE FAR EAST.

Paris, July 6,

M. Maurice Long, Governor General of Indo-China, reporting to the Senate Foreign Affairs Committee, stressed the powerful. effect of the Allied victory on Eastern peoples. He showed that the relations of Indo-China with Japan are cordial. He mentioned points in the Customs tariff which are capable of improvement in Indo- the interests of relations with the Peking Government. China is in touch with Southern" China, where she treated with Military Governors who were the real heads of the State. This policy had resuited in the absence of frontier incidents.

31. Leng concluded that France's liberal policy in the Far East was approved by the natives of those countries and had given happy results. M. Long considered the Chinese Government's concessions to the Banque Industrielle materially and morally im portant.

ANGLO-PERSIAN OIL DEALS

London, July 6.

In the House of Commons, during the third reading of the Anglo-Persian Oil Payments of Calls Bill, Major Sir J. L. Baird, BL, mentioned that the company proposed to spend nearly a million on plant and over two millions on the purchase of vessels.

BRITISH NATIONALITY BILL.

London, July 6.

In the House of Commons, the British Nationality and Status of the working of the Chinese of Aliens Bill passed its second reading.

mind:- Getting haircut Sincere's Chinese barber's shop, I

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Certain eminent scientists, who undertook a search to recover these lost secrets, had their attention gradually directed to the extraordinary medicinal properties of certain rare herbs. Scientifical y treated. these were found to yield rich oils and essences of astonishing woothing, benting and diverse aispoling pourer,

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EARLIER TELEGRAMS.

THE GERMAN REPUBLIC.

Berlin, July 6,

The question of the Independent Socialists entry into the Government was discussed at an inter-party meeting of Democrats and Centrists, which agreed in principle to the expansion of the Government. A coalition is expected if the proposal is adopted. The Independents have been given the vacant portfolio of the Ministry of Reconstruction, also one without portfolio.

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Mr. Haywood asked for costs of the action but Mr. Russ objected. The Puisne Judge decided to hear the race.

The plaintiff gave evidence bear- ing out his elicitor's statement and was corroborated by Barim

Singh, the watchman at Holt'- Wharf. In ersexamination the latter denied that he tent the money. but admitted that six

year ago be Wat nergistered moneylender and within the last two days had again registered. Whilst he was at Hult's Wharf be was a Guernment, servant and

Speaking in the Reichstag on the first reading of the Bill for the Protection of the Republic, Dostor Koester, Minister for the Interior, intimated that the menure would replace the recent Pre-Rould not lead armey. sidential decrees. He added: The country is in danger. The bill is necessary for the preservation of the Republic.

THE RIOTS IN "ERMANY.

Berlin, July 6.

Fighting between workmen and police has occurred at Zwickau. Saxoay. It followed an attack on the Town Hall with the object of disarming the police. The latter fired on the crowd and the demonstrators replied. One workman and one policeman were killed and numbers wounded on both sides. The hostilities lasted late into the sight. A crowd, numbering 25,000, rioted at Som- merscheuburg, of whom three were killed, and tea wounded, The demonstrators surrounded and disarmed a detachment of 20 police.

AMERICAN COTTON.

Washington, July 6.

The Interstate Commerce Commission confirms the reports of the railways advancing the freight rates on cotton about July 25. The new schedule has not yet been issued.

Me. Haywood: You would lend meneg but it would be against - the regulations?

Witness: I have been in Hung kong for 14 years and know the regulations. If I wished to lend rooney I would have registered myself.

The witores denied that he leat the money to

the defendant at Holt Whari in the presence of a

msn named Solomon.

Government Serrants Cannot Sue.

-The defendant, in evidence. said the money was lent to him by the witness Barim Singh, who was st the time the No. 1 watchman at Holt's Wharf. He received $90 in January last year, $200two mouths He had never seen the plaintiff later and $50 in July or August.

ustЛ Jone, when Barim Singh brought him to his home at Wan chai and wanted him to pay the money ever to him. He refused. He was then asked to sign a pro- missory nnte, which he also declin- ed to do. He had paid between $200 and $800 in interest, which was at the rate of seven per cent a month, and also $20 principal. contractor for coal to

Philip Joseph dolomon, an over- various ships. He approached the watchman at Holt' Wharf and taideer at Holt's Wharf, spoke to be- him he wanted money to pay the No. 1 watchman lent money ing present on two occasions when his coolies. The watchman intro.

THE BRAZILIAN TROUBLE.

Martial law has been proclaimed.

A MONEYLENDER'S CLAIM.

mao

Conflict of Evidence.

Rio de Janeiro, July 6.

dant was

duced him to a friend the plaintiff to the defendant at Holt's Wharf.

He had never seen the plaintiff. A moneylending case in which who was employed at the Boog

kong Ropa Factory at Kennedy Gross-examined the witness ad. there was a direct conflict of Town. An adrance was made of mitted that he had also received is evidence came before the Puisse 200, for which on I. O. U. was writ from the plaintiff. Flo bad Judge. (Mr. Justice. Wood) in the Summary Court. Sesterday gued, the rate of interest being borrowed no money from him, but afternoon. An Indian watch Tanged at $2 per month. This had done su from the Holt's wharf

was about the middle, of Ostriber watchman. employed last year, Jassa Singh,

The following mouth Mr. Haywood said it was clear. at the Hongkong Rope Factory at the defendant borrowed $90 and that the money was lent by Bacim Kencedy Town, sued a Chinese, very shortly afterwards $50. O Singh, bu, being a Government cormerly & coal contractor for the the fth January this year de servant at the time, could not se sum of $341.20 principal and fendant repaid $20 of the $

Mr. Ross contended that the mterest due on three 1.0.ÜK.

defendant Rod Solonzon were together, with the interest up to

anxious to get out of their liabilities. Burim Singh would be lunatic to lead money when he was not registered.

-After argutnenste had been heari

31r. C.A.S. Buss appeared for date. the plaintiff and Mr. G. E. Hay Barrowed from Another Man, wood for the defendant, --

Mic. Hayword explained that his Mr. Russ mentioned that he had defence was that the money was received notice of special defence siver borrowed, fron, tho plaintiff. under a section of the Moneylenders but from the No. 1 watchman on both sides. Ha Honour adjourned Act which provided that the tran-Holl's Wharts Had the writ been rections "must - beaubat-utially Rsued in the name of the Holt's The Legislative elections, under the new low based on pro-carried out at the registered Idress Wharf watchman, the money. portional representation with woman's suffrage, were held to-day of the moneylender Mr. Boss would have been paid Be then cut my hair long and I The electors total over 8,250,000. The returns will be announced proceeded to saplam, that's the à discursine ensued with a view got it cut short.

time the money, was lenf the 11m) to a settlement being Breached,

wb-le the Chinese barber stopped clipping and said." "Oh," said the barler. you mean cutty long You talk culty short. I cut short

Amsterdam. July 6.

the caso until this morning. He fastracted Mr. Haywood's clerk to accompany the- <plamma, to the Tatter's address said to ubíran fróm, in the counterfoils of the 1-0.14 produced in: Coust.