1923-03-26 — Page 1

There is no need

to live

A DOG'S LIFE

because k utte

tive eyesight,

- when it may be

so quely remedied by seeing

LAZARUS

1, A2 KLM'S ROAD CESTAL

The

Hongkong Telegraph.

FOUNDED 1881

NO. 12,85)

THE S.S.] GLENBEG;STRANDED.;

Aground Of Danish]Coast.

(Reuters Service.

Copenhagen. March 25.

登拜體

Tae British steamer Glenbeg, proceeding from Dairen and Lon- on with a cargo of soya beans, is aground near Korsor, A salvage steamer is in attendance and the Glenbeg is being lightened. She is leaking slightly in the port bilge. The weather is favourable.

[On enquiry from the local agents of the Glen Line. Messrs. Jardine Matheson and Co., we learn that the Glenbeg had finished the discharge of her London cargo and was proceeding to Copen- hagen to deliver other cargo. The stranding, we are informed, in no

way affects local shippers.)

THE NAVAL PACT.

Suggestions for a Revision.

London, March 23.

CHINA'S FINANCIAL "PLIGHT.

Bondholders Growing More Anxious.

London, March 25.

Mr.

號六十弍月三英港鲁 MONDAY,

KOWLOON DOCK.

Chairman Bombarded With Questions.

WARNING 10 CHINESE LABOUR.

MARCH 26, 1923.

:

SINGLE COPY : 10 CTS

136 PER ANNUM

THE DRACON MOTOR CAR CO., LTD.

{"passenger Dodge & Elmeix Touring Cars!

Running Time, ---

Waiting Time man

$3,05 pür köar.

$1.25 per hour*

5-passenger Exsex Sedan (closed) Cars:

Running Time,

Waiting Time,

$8.00 per hour.

$1.50 per hour.

|7-passenger Chandler & Hudson Touring:

Running Time,

Waiting Time, ---

Telephone:

$7.00 per hour.

$1.75 per hour.

Central 483 or 3552-24, Dey Vœux Road. Kowloon 226

26, Nathan Road.

THE DRAGON MOTOR CAR CO., LTD.

CANTON LABOUR

MEETING.

Peking Mandate Denounced.

the

33.

FOOTBALL COMPETITION.

The Hongkong Chal lange Shield finals (Senior and Junior) are to be played on Saturday naît. Our usual weekly prize of $50 will go to the com- petitor who succeeds in correctly forecasting the goal scores in these two matches. Coupon appears on Page 4

Result of last week's Competition will be an- nounced to-mOITOW.

sibokkiews in To-day?

New Advertiseinems.

There is a special attraction"at

With regard to the future, our The Chairman:-It is spent yards are at present fairly well and invested in the development emplared, both in shipbuilding! of the Company. I do not follow and repairs can assure you] why it should he capitalised. It that we are sparing no efforts to would not do anybody any good. arrive at the most economical There is no object in capitalising production possible, a state of it, and it is much better to keep Bird Anticipates Aerial Affairs which at presens is highly it as a reserva.

desirable-consistent with the Travel.

Mr. Sayce: But suppose in a quality of workmanship which we year or two the Company doesidential Mandate from Peking A protest against the Pres. have always maintained. With not make any money and you giving the chief administrative, these few remarks. I beg to propose cannot assure us atividends, we and military posts in Kwangtung the adoption of the reports and ac-esonot fall back on this reserve to the Kwangsi and Yunnanese count and after they bave been

The Chairman-No: unless it military chiefs now occupying A bombardment of questions seconded, shall be glad to answer is so governed by the Articles. from Mr. Kelly Sasce, a suggestion that shareholders may desire arrange in future when declaring Labour Guilds and other organi

Kwangtung was to the best of my ability any ques

voiced at a Mr. Sayce-Will the directors meeting of representatives of tion by Mr. Bird that the Com

to ask. pany should prepare for the day

an interim dividend to let the sations held yesterday at the when aerial travel becomes Mr. Sayce Opens Fire.» shareholders know what the Educational Department rooms popular in this part of the world, Mr. Kelly Sayce:--I would like estimated profits are for the half at Canton. and a stern warning to Chinese to ask a few questions if you will year, or, better still, let us know labour, were features of the an-jallow me.

Outside the buildiãg two scrolls I think you made re- the estimated profits from month had been displayed which clearly nual meeting of the Hongkong ference to the question of profit to month? It is well known that indicated to passers-by the nature The position created by the Waxbington naval treaty is still in and Whampoa Dock Company, on exchange. Can you explain this information leaks out and is of the gathering. One bore! some doubt. According to a Washington message. some American Ltd.. held at the town offics of why the nett profit for last year used by certain parties and their the words

was only $494,000, against $1,170. friends for their own benefit, Peking Government!" and another

"Dows with " nasal experts consider that the relative naval strength of Britain.the Compear to-day at noon. the United States and Japan should be in the ratio of 6, 5, 4, instead Mr. D. G. M. Bernard presided 000, for the previous year? To while the bulk of the shareholders bad "Ignore the Mandate!" For the of 5.5, 3, as originally agreed, and if so the United States must modern- and there were also present Sir what do you attribute the falling are kept in the dark and suffer first time sicce Dr. Sun's return to CANTON OUTLOOK. ise their capital ships so as to restore the approximate standing to Paul Chater, Sir Robert Ho Tung, off? Is it in the shipping of in consequently. which they are entitled. This estimate, however, is based on in- Messrs. H. P. White, Allsa the labour?

The Chairman I can see no Socialist M.P., made a public ap-Sun and Shum at Variance. Hongkong. Mr. Tse Ying-pak, the complete information, and possibly the State Department will request Cameron, T. G. Weall directors), The Chairman: The falling off object in doing it. It is not in pearance when he acted the subscribing Powers to furnish details of their present and future R. M. Dyer (chief manager), E. Lis in decreased work.

accordance with precedent. Chairman of this labour meeting. naval programmes. It is understood that a decision in the matter Hosie (secretary).A.H.M.da Silva, Mr. Sayce: How does this is awaiting submission to the President, with whom reats the ques. G. Lammert. E. Abraham, J. F. $494,000 make profit Is it in any information as regards the considerable time and engaged daily by General Shum Hung- Mr. Sayce-Can you give me He occupied the platform for "a us that secret meetings are bald ACanton correspondent informs tion of what should be done with the six and a half million dollars Grose, P. M. N. da Silva, P. Tester, cluding profit in exchange in all prospects of the Company for the the attention of the meeting in a ying, the Kangal commander, appropriated by Congress to modernise the American warships.

Kelly Sayce, Ng Sui-san, Ng Iu-or part of it, and how much did present year? It is rumoured violent speech denouncing the in the Arsenal, being attended by Meanwhile messages from Paris report that while there is no Bai. Chu Wan-man, Chan Wan, you gain on exchange?

that January was a record month action of the Northern Govern- bis chief supporters. The nature question of France's failing to ratify the Washington treaty, well-Chau Siu-ki, H. W, Bird, T. E. The Chairman: I think, Sir, and February also was very good? ment, which he said operated of the gatherings is unknown. informed French opinion solidly backs the suggestion of M. Guervier. Pearce. M. A. Razack, Y. Tsutsumi io ay speech I said that the

The Chairman-Up to date we against the

80 prospects of the reporter of the foreign affairs committee of the Chamber, that and Dr. Donelan.

balance of working account in-have done about three months of early reunification of the coun- and Generalbumare at variance. It would appear that Dr. Sun the Government should incorporate in the Bill ratifying the trasty

Chairman's Speech.

cinded a large sum being gained the full year, and it is absolutely try. He naked for certain reservations, notably, an article stating that the treaty shall

in exchange.

vote A report states that one of the expire, as far as France is concerned, in 1935.

The Chairman said:-Gentle Mr. Sayce-How much did impossible to give you any idea of censure against the Peking General's secretaries has been. men-The directors' report and you gain on exchange?

of what the realt of the year will President and Government, and detained by Dr. Sua. whilst work out. statement of accounts baring The Chairman-Ws gained in

suggested that this should be fur-another story in circulation is been in your possession for the exchange $195,000. The balance tention of disposing of the Aber. telegram to be dispatched up cfficers have been arrested on a Mr. Sayco: Is there any in-ther extended in ́s denunciatory that about a dozen of Sua's past ten days, I will with your of $808,000 was dockyard work. permission take them sa rend. I Mr. Sayce I see that you

daan property, as the Dock there North. This was agreed to. train in the North River district : trust you will consider the results have made additions to the plant, does not seem to be much used, It was further decided by the by General Shum's forces. The disturbing news with regard to the condition of Chinese particularly if you bear in mind lakhs for 1922, and in the previous considerably in

for the year 1922 satisfactory, baildings, etc., to the extent of 14 and must have appreciated

ed very meeting to appolut, represents inances has increased the alarm of holders of certain Chiness loans, the abnormal state of depression, year 274 lakhs, a total of over The Chairman:-There is no especially the Marconi's and Vickers' issues both of which have which prevailed in shipbuilding 4.145.000, for the two years. I intention of disposing of the man, the appointons under the fallen to sixty. Marconi coupons due in August, 1921, and sub and repairing the world over hope that there is no prospect of Aberdeen Dock. sequently, have not been paid, while the Vickers coupon due on Octo- during that period. Similar Com such enormous expenditure con-

Peking mandate to the respective ber 1st. last in in arrest. It is proposed to hold a meeting of holdere panies in other countries have tinging, Will you give me some in future to have the Land and and Civil Governor of Kwang- the Hongkong Hotel Roof Garden

Mr. Sayce Can you arrange

positions of Commander-in-Chief of the Marconi's issue to consider steps to obtain security from the been fortunate in being able assurance on this point? Chinese Government.

Building Account showa separate-tung, to ignore" the appoint- The Observer's financial editor, commenting on this matter.labour prices to enable them the Dock is to make its position at present we don't know what is up to be President of the

to get some reduction io The Chairman: The policy of ly from plant and machinery, as ments and to reques: Dr. to-night- Page 4. points out that the revision of the Chinese finances is being taken into compete with present condi- sound and to be in

Lane, Crawford and Co., are hand, and that Marconi bonds will be secured on the 21 per cent. tions.

position the value of the land and build-Republic of China. In this showing a large selection of increased maritime customs revenue, to be arranged at a special had so far to face increased labour it is liable to

In Hongkong, we have to cater for all work that ing, and the value of machinery pak urged the creation of a large

latter connection Mr. Tse Ying-washing frocks-Page 6. tariff conference three months after ratification of the Washington and establishment charges and, do the work mechanically, quick.

A notice of interest to ovSISO LE get and to and plant? treaty. He says it seems that holders of the stocks can only await at the same time, reduce our lyand to the satisfaction of its cus-any division such as you suggest

army of "citizen soldiers" to back trade representatives appears on The Chairman:--I do not think events, bat undoubtedly Chins, with her buge population and low charges to suit the requirements tomers. All the directors, i can would be of any assistance to

up Dr. Sun.

Page 1 tasation, has ample resources to provide all her external debt oblige of our clients a combination of assure you, will do all they can to shareholders. I do not see any

"The Sheik's Wifa"-a specia- tions, if matters can only be administered by an international com-circumstances

cclar attraction, is being shown mittee, similarly to the administration of the customs revenues.

makes put the Dock into such a position. reason why we should show the

at the Coronet Theatre,—Pages 4 things at times rather difficult. This work bas been undertaken amounts differently. The practice do away with the workmen. Consignees are notified of the

and 12. However, for the period under re- with that object in view. view our shipbuilding yards were

has the approval of the auditors. It is * Mr. Sarce-How does your

fallacy to Mr. Sayre:-Don't you think that if you restrict the work a fairly well employed, and repairs cash account stand; base you got it is absurd to write off every man may do in day, give him

suppose MacKinley. "—Page 10. kept busy. Improvements for the credit or a debit balance at the year 10 per cent. of land when more holidays and increase his for sale by private treaty.-Page The League of Nations committee on the suppression of the white Fear include new general offices. Bank? There is nothing in the the land and building is appre-1 wages, that thereby you create a slave traffic has passed & resolution hoping that, pending abolition molitan Dock, and the installation think that in future it should be the time?

time office and gatehouse at Cos balance sheet to show this, and ciating considerably in value all labourers' paradise, because the of the system of official regulation, the employment of foreign of electrically-driven dock pumps plainly shown. I am rather sur

St. Stephen's annual sports will women in licensed houses should be forbidden, also recommending at that establishment. When this prised that the auditors have pass-

workers in other industries under be held on the 29th inst-Page 4. The Chairman:-I should if it similar management produce so. Messrs. H. Ruttonjee and Sons the countries in which official regulation is practised to report on is complete, the Coammopolitan ad the accounts as they stand in were done, but we write nothing little that the price of working and results of the system, and that women should be employed Dack will be a thoroughly up-to-this respect.

com. are the sole agents for Peter modities is divided in conse- Dawson's famous whisky.— to supervise prostitution.

date, self-contained, "dockyard and The Chairman:-It all comes

Mr. Sayce:We write of plant goence and therefore the pur Paze 9. will prove a most valuable and under the "heading of aundry

Chairman-Plant and chase of the same exhausts the At the World Theatre the economically run addition to our creditors. We had at that time

wage. It is satisfactory to nore current feature is "One Wild main establishment at Kowloon.a large sterling account

Mr. Sayce: Thank you, I am that ia

you have made ample

Week."-Page 12. At Kowloon Dockyard, the new London and a debit balance bere,much obliged.

provision for depreciation in plant offices and drawing offices are and the sam total the difference Mr. Bird's Warning to Labour. and building and also that your nearly complete and will be ready between debtors and creditors-

transactions in exchange turned for occupation in a month or two. amounted to $2 000 000. The Mr. H. W. Bird - Mr. Chair.out 80 satisfactorily. I am sure SEARCH OF SHIPS. These are handsome steel-framed debit balance in the Bank bere man and gentlemen.-In view of that the shareholders will agree tomers should be as much a matter buildings and will make a euitat the end of the year was $18.000 the world-wide depression in the to the provision of a bonus for of routine as unlocking the store able head office for this Company. and against that is to be offset shipbuilding and repairing indus-the staff. It is well known that door. Opposition by Canton

The levelling of the hill at the the money'in London.

try during the past year I con- the Dock Company's work Shippers.

hack has proceeded up to about Mr Sayce: I see you have $4.sider that the directors and the second to none (Applause) contract time and should be com- 000,000, at credit of reserve fund, staff on the Company, are to be With these few remarks, Sir, I

There are only three more daysS Shipping interests in Canton,have just recently acquired addi- exist and has apparently been is presented

pleted in about two years. We but evidently this money does not congratulated on the report which bare much pleasure in seconding during which advantage may be

to US to-day the report and accounts. a correspondent, have tional land, in the village

taken of Sincere's asle-Page 3. stjexpended in new plant etc. Don't (Applause.) As the demand for The resolution was then put toj The offices and stations of the decided to make a strong protest Hanghom, which will give us the you think it will be better to seaborne ships seems to be at the mosting and carried un Chinese Maritime Customs will. issued by the commander of the new iron and steel foundry and ing that all, this money has been Home papers that all countries sgainst the traffic rexulations necessary space for our proposed capitalise this reserve fund, see- such a low ebb and we read in the animously.

be closed to public basiness on the Bocca Tigris Forts.

Other Business.

30th, and 31st. inst.-Page 1. also room for the erection of a spent and it is not really a re-are As to the nature of these suitable gatehouse, time office, serve!

turoing their attention

The University of Hongkong ed with His Majesty's army at regulations, it appears that they and watchmen's quarters.

skywarda, if Our clients The next business was the re-matriculation and senior local Hongkong, had a nice trip over on have been issued on the ground ares of our main property at with you at all. Money has been the ses we ought to try and Pearce proposed the re-election the week commencing June 11th, The Chairman-I do not agree will not have ships to travel on election of Directors. Mr. T. E. examinations will be held during the Empress of France, which that traffic difficulties are causing Kowloon then will be about spent in developing the Company induce them to build ships to of Sir Robert Ho Tung and Mr.Page 4. arrived here yesterday afternoon. the prices of various commodities sereaty acros.

and it is invested in the Com- travel in the air, and I think #D. G. .M. Bernard. The 11, dressed in the heavy to rise, and it has therefore wool, long trousered suit of the been decided to give protection will note we have again allowed ever in capitalising.

Turning to the accounts, you pany. There is no object what-sbauld be ready to meet the Mr. Razack seconded and the Page 12. English soldier in cold climes to ships, lauaches and other very liberally for depreciation.

demand when it comes along. But, Mr. Sayce: But we have not the day may not be far distant motion was unanimously carried. when thecraft.

On the motion of Mr. Chau in the heart of the central dis are This represents twanty per cent. got the money really. Why don't when we shall step on board an Empress left Hongkong. Three requested to apply for signal flags off floating plant, and ten per you call it a Capital Account in-fairship in Bhatin Valley and Si-ki, seconded by Mr. Ezra others also stowed away but and certificates at an office which cent. off the book value of the stead of calling it Reserve shout, Next Stop Bagdad!" Our Abraham, the appointment of were found and returned to land has been established in Cantooremainder.

The thers for this purpose, where also they buildings. The

of our plant and Fund? You have not got the Chairman has made mention of Messrs T.G. Weall and Allan on the pilot boat.

cost must supply a manifest of the installation of all new plant has the cash to fall back on.

of the reserve really. You have not got the increased labour charges dur Cameron as directors was con appeared a few hours later.

firmed. goods aboard. These rules hav-been entirely written off. Inclad-

jing the year and I am afraid

the latest in ladies' mackintoshes, Now they'll have to take a trip ing been complied with, the ed in the balance of Working Ac-variable practice of limited com- trades in the Colony in the the re-election of Mr. H. Percy

The Chairman-It is the in-that obtains with all other Mr. P.M.N. da Silva propoved ---Page 7. back to Hongkong-and then it vessels. most permit a search to count is a large sum representing panies to build up reserves, and last

Found One Peak Tramway will probably be the brig. It be carried out when passing the gain in exchange on sterling that is what this Company has iseua a note of warning to the auditors at

year or fo. I would Smith and Mr. A.R. Lowe as punch ticket-Page 4. understood they cannot be landed forts or when meeting a gunboat. funds in London. In order to es-done. I do not think there is Chinese labourer that continued $1,500 each.

& remaneration of Now is the time to take Wate States military regulations do not that the manifest is a true de any loss if exchange were to rise, reserves entirely in cash. If there extremely dangerous. Continued was passed.

Mr. P. Tester son's effervescent liver salts.- The United The object, it is stated, is to see tablish this gain and to prevent any precedent for keeping the demands for increased wages is seconded and the resolution Page 6. provide for holding them for claration, and also to prevent the these funds have now been trans-is, will you let me know what combinations of workmen are apt British authorities.

The Chairman :-That is all the smuggling of arms. The Tommies were seemingly The Chinese shipping organise proposed bonus to the staff repres it?

ferred into local currency. The authority there is for suggesting to have a boomerang effect and business, gentlemen. Thank you

Day's Exchange. enjoying their trip to Manila. tions are protesting against these ents teu per cent. of their annual

there is a limit to the wages |for-your attendance. Dividend | The closing rate of the dollar an They were singing and dancing regulations, on the ground that salaries, which I trust you willing it, I am saying this is not Hmit has been reached the em Company's office, Queen's Build-

Mr. Sayco-I am not suggest-which can be paid. When that warrants can be obtained at the demand to-day-was 2. 3.13/18d. with the crew while the boat was they unduly interfere with consider the results of the year's really a reserve at all. The player looks round to

Lighting Up-Time. docking yesterday afternoon. traffic.

tomorrow morning, on

Lighting Up-Time to-day 6,36 money has really been spent. BG TELE mechanical process to

THE WHITE SLAVE TRAFFIC.

Geneva. March 25.

OBITUARY.

Delhi, March 25... The death has occurred of Senator Samuel D. Nicholson.

MILITARY DESERTERS

FROM HONGKONG. ·

Fourteen Men Stow Away on the "Empress of France."

The Manila Daily Bulletin of

March 21st. atates:-

Eleven British Tommies station-

were

atowaways

here as prisoners.

states

These

vessels

working justifies

which

The

of land at all.

*The

buildings.

find

!

.

arrival of the

** President

A toakwood steam launch is

8.A.

4.

LISTEN.

Advertising to bring in cue

The Egg Crate Wallop

fa

the feature at the Star Theftire. --

A large and airy room is to let

trict-Page 4.

For particulars of forthcoming. auction sales refer to Page 4.

Madeleine Pearson has received