1923-06-14 — Page 1

A BROADCAST FACT.

The only European Ajdaasi

in the food may

LAZARUS

22 pay's RoADA KATA

The

Hongkong Telegraph.

FOUNDED 1881

Ao. 12.717

BRITAIN'S REPLY TO RUSSIA

Satisfied With Soviet's Assurances.

"THIS CORRESPONDENCE IS NOW CLOSED."

Heater Service

London, June 13.

CABINET DİSCUSSES REPARATIONS.

London. June 16.

四

四十月六英港藝

THURSDAY,

INDO-CHINA S.N. CO.

To-day's Meeting of

Shareholders

THE LOSSES EXPLAINED.

M1603

3

Eis:

chanze

JUNE

14,

1923.

1日暨初月五

SINGLE CORY · 10 CE

330 PER ANNUM

the

-

and

bo

3.8

the

Bum

RECONDITIONED CARS,

The principal difference between a good Used car and a bad Used Car in that you get one from one dealer and the other from another.

Remember: A used car is õaly as good as the firm with which you deal. Dodge Brothara 3-passenger Touring-$1,500.00 THE DRAGON MOTOR CAR CO., LTD.

Far Demonstration Call Central 3950. Main Garage and Service Station, Woog Net Chung Roa, Happy Valley.

upon, bar

wish to express the

for,

TO-DAY.

and

Closing Exchange 28. 3. 9/168. Rainfall.to 10 a m. 404 incher. Barometer

p.m. 29.70. Temperature 2 p.m.

disappointment, therefore, to have and give fair treatment to supper-port the rassel was bound. The being loss in exchange on dollar to report that during 1922, and ters, they, in the long run will Captain, officers and engineers assets and liabilities, due to the subsequently, lawlessness and enjoy the fruits of past enterprise. remained on the ship which was difference in the rate on 31st.. disorder have been greatly on the On the important question of saived and towed to this port, Decemb = 1921 and 1930.

I do not think there is sup increase. The recent outrage on future prospects, while there are where repsirs are, under consider. thing more in the accounta the Tientsin-Pukow Railway, undoubtedly hopeful sigos of stion. and the piraos of the sa. Sui An better times for the Company in The "Choysanı" and "Koon-to be compsated between Hongkong and Macao some directions, I feel compelled shing" were fully covered by in before proposing their adopuna are fresh in your memory, lato emphasise what was stated at earance and the resulting claims 1 Low freights, combined with addition to those incidents, our meeting last year with regard on underwriters have been duly Company's thanks the continued high

of which obtained prominence to working costs. Much has been paid. In the case of the Tung-appreciation of the good service the of the Staff throughout the year, operating their fear, the Chuir through the number of foreigners said at times on the question of shing" and "Kumung”,

perbans the Company will recover salvage both afloat and on shore, and their The British reply to the Russian Note expresses satisfaction that man (Mr. DG.M. Bernard) cited involved, numerous other piracies wager, which is the Soviet Government has complied with the essential British deas the primary cause of the hears have been perpetrated da Chiasso heaviest item of expenditure the charges, while the cost of repairs willing and valuable assistance in osses shown in the accounts of ownet vessels in the South of Company has to bear, and I must will be chargeable to Underwrit dealing with the difficult situa tians which in the courie of the mands, and considers the correspondence now closed

now. that, while every ing Account. The British reply expresses satisfaction with the acceptance of the Indo-China Stein Navigation China Trade on the Upper YaRKAT

the meeting of itsze bas also been seriously avenue leading to more econ-

The usual standard of upkeep Company's operations develops the proposals as regards the fishing dispute and compensation in the Company. st

held at Messrs. interfered with br hostilities omical working has been, and has been maistained throughout from time to time.

I have now to propose the cases of Mrs. Stan Harding and the murder of Davidson, and as shareholders.

and Co.'s between various military factions will be, further explored, unless the fleet during the year, but very

That regards propaganda, and agrees to undertake on Britain's own behalf. Jardine, Matheson

The conditions which have pre-trade conditionsimprove, we must little reduction in the cost of following resolution →

statement of and on behalf of the British Dominions, Colonies and Protectorates, fite this morning.

Irade had been even worse in Vailed and still prevail in the consider a reduction in staff con- repairs is noticeable, although the report and

to accounts as presensed be adopt- not to assist any hostile designs against the Soviet Government or

are lamentable.cessions and portage bills which continual efforts are made Associated Republics, which may be entertained by congre Russians. 199than it was in 1921 ao far as Canton Delta

Tramp and the Chinese authorities are at present are based on the ect economies in this directioned and that a dividend of 5- on the cumulative It points out as regarde compensation for losses that it gas made no shipping is concerned.

steamers from Home waters unable to protect trade routes on highest scale paid during war While it is recognised that the per share demands not based on reciprocity.

years, and those immediately cost of native labour has preferred ordinary shares be paid. The reply understands that the normal diplomatic transfer of have come to the Far Fast to try either land or water.

Labour organisations were following. when they

were substantially increased, we hope also that the amount of £2,167. Raskolnikof from Kabul has been decided, thus the obstacle to friend their luck and Japanese steamers ly intercourse by bis presence at Kabul will be removed. Britainials have come further afield, much in evitence during the justified by economic conditions. the dock companies, engineering 6. 7. be carried forward to next

the result that the year. The seamen's etrike, carried Although euch a step will be firma

concerns year. The dividend on the shares similar confidently infers from the Soviet's present undertaking that if with

reasonable as on the Hongkong Register to be Shudiatsky remains at Teheran the Soviet. Government will take position in the Far East has been on principally by intimidation reluctantly taken, abnormal ship will

es paid at exchange 2/4 lar-up of rome 22 ping depression in all other parts possible in their charges

As soon as this has been second- very special steps to secure his full compliance, in letter and in made still worse. Trade on the caused

of the Compaas of the world has necessitated a pecially during the hard times spirit with that undertaking. The reply concludes; the Soviet Goc upper Yangi-z during the year steamers ernment having complied with the essential conditions of the British has been interrupted hostilities for a period of two months. lower scale of Rages and e ndi- shipowners are passing throrgh. ed. I shall be glad to answer to and conditions in the Canton! This of course, was another|tions of trade in the Esst may

I have referred to the unfor- the best of my ability any ques- demands, the corresponder ce may be brought to a close.

Delta, the Chairman described as factor in our loss, Sun-idiary call for similar action.

tubate disaster at Swatow, caused tions which shareholders may "jamentable. The seamen's strikes followed the main demon- The Company's Fleet. by the typhoon last August, and wish to ask.

There were no questione. strike was responsible for 22 ship)stration, and increased terms of

It will be noted from the report that in response to an appeal for it is necessary for me to mention

On the proposition of Mr. a. of the Indo China fleet lying up remuneration had to be conceded for two months and subsidiary to launchmen, cargo bost coolies, in your bands that the following funds to aid the uffurers this Piercy. seconded by Mr. Ha trikes aber assisted to in-coal workers and other branches steamers contracted for, as ex The Cabinet discussed the question of reparations to-day.

crease working costs. The Com-of-bar, thereby further increas plained at the last meeting. bave Company donated the eum of Leung, Sir Robert Ho Tung was Oa the proposition of Mr. A. Marquesa Curzon com.municated information as to the attirupiny was affected by a strike in ing working costs. Serious str.kas/been delivered and put into.com-$2,000, which I trust has your re-elected a director.

and approval. raission: The "Kutsang"

The Accounts.

Murdoch. seconded by Mr. S. B. of the Allies as & result of the exe ange of

views since Calcutta, and also has suffered in in Calcutta also accounted for Hosuz on the Calcutta line, the German offer. It is understood that the declaration of British common with others in the un-long deisys to the Company's

Turning to the statement of Hornell. Lasers. A. R. Lowe and where they have been found in

it will be nated John Fleming, of Messn. Lowe, policy has been postponed a week, as the diplomatic interchange of precedented shipping casualties vesels.

every respect suitable for the ser- accounts,

of £410,000 Biogham and Matthews, were re- views is proceeding.

luring the year.

Far Eastern Conditions.

vice for which they were specially that

elected auditors. London, June 13

from bsen transferred Shipping conditions in the

In regard to the general en-designed; the "Tingsang" and has A more hopeful spirit regarding the Franco British Ruhr Far East have undergone

eet it isFausang" have proved most contingency account to revenue negotiations is inspired by semi-official statements in London and considerable

Chinese ployment of the cbance.

For me to useful coasters and also fall account, to which 1stter account Paris. The former indicates that Britain is determined to explore merchants cow operating their perhaps necessary the

requirements has also been credited £5.000 conditions admirably Aown resse's, which every avenue and an active +xchange of views is processing.

competitate that

business in the of the Shanghai-Tientsin rua.fromequalization of dividend ac- Paris message states that the French representative in London re- to prove difficult and expensive of shipping

river Yanglaze

trades count and £10,000 from invest underzone The bare to deal with. Another factor in Far ports that the conversations are pursuing a spirit of cordiality.

been supplemented by ment fluctuation reserve leaving coas cerable the situation is the increase of

steamers "Kusgwo" and the balance of the last mentioned increase foreign lines a high receive sub recent years, particularly sidies. But as a result of an trades which were at one time "ringwo" on the lower river and at £94,018.15.0. The

shown in investment fluctuation the Ichang. agreed policy between old estalish conducted almost entirely on the "Fubwo" og

companies, some of the Indo-trip charter basis. The growing Chungking Line. The fre: two reserve is due to increased value China's competitors have already tendency is far native merchants mentioned have been found all of investments on 31st Dec. 1922

News in To-day'a come to terms and the Chairman interested in rice and other trades that is desired, bat considerable During the year securities have the cost of new tonbage. These

New Advertisements. was hopeful that better conditions to operate their own steamers and engine defects developed during been disposed of chiefly to meet might be expected. Mr. Bernare this has led to a large increase in the first season of the "Fabwo's"

Mackintosh & Co. Ltd. an issued a warning that unless con- Chinese-owned tonnage. which, employment, the responsibility sales resulted in the profit on book ditions improve they will have to when not operating for the par for which is still being discussed value of £4,497. 2. 1. as shown in

account shows an increase of bolding a special anniversary been carried consider a reduction in staff con- pose for which it was especially with builders. Certain alterations revenue account. Underwriting cessions and portage bills.

acquired. is free to compete for have

£45,817,18 0, as compared with sale commencing on Monday Anderson's give a list of dance Those present at the meeting ang outside employment offerior this steamer is ere Mery L. Scott Harston, on the market: further, being able Bati-faction. As regards further the previous rer. This addition next -Page 8.

Company

has is largely due to crediting the to run free of onerous overhead building, the

Consignees are notified of the surance premis as explained in: tore), R. Sutherland, A. R. Lowe, A. Murdoch, L. Railton, A. Mby British shipping companies, kong and Whampas Deck Co. for da Silva. S. E. da Luz, W. B. such reesela prove to be como ships of a similar type to re-previous years Floating staff arrival of the s.s." West Ivan."—— Cornaby, P. Todd, J. Baptista. Ho petitors with which it is difficult place vessels which can no longer pansion fund is increased by Page 5

deal. be run economically in one of our £4,23), 6 6. Building reserve Leung, John Fierning. A. Piercy, and often expensive to

7. after taking um cooking utensils at excep- AB Stewart and E. B. C. Horneft bere has also been a marked sin trades. Since the close of account-Balance of this account selection of the latest in alumin

The Depression in Trade, increase in the development of the year we have also contracted is £19,516. 14

steamer to replice the credit for amounts received from tional prices.- Page 3.

Members of the H.K.CC. are The Chairman said.-Gentle certain shipping cardpanies unter for a

Kounshing," to which vessel underwriters in respect of 8.3.

reminded that the "Hong" dou- McNeill said that legislation was necessary to carry out the Governmen. The report and statement foreign ze enjying consider

Choysing and "Koonsbing

bles tenais tournament entries ment's intention to devote the British share of the Boxer indemnis of accounts bare been in yourjablesubsidies which have assisted will make later reference.

and utilising £200,000 to Casualties in 1922 to purposes of mutual Anglo-Chinese benefit. He did not propose to bands for some days, and with them to develop regular lines

duce the book value of the close on the 15th."igs7-Page 4. where charter tonnage originally The year 1922 will be remem-

A not ce concerning the admin- appoint a committee to investigate the utilisation of the funds until

fleat. This

ansble the your permission 1 will. as custom-

view the Bill, now being drafted, had been introduced.

ars. take them as read. It will be operat-d. In

of these bered as one during which a Company to reduce the amount istration of The General Commer remembered that at the last two chatges, it has been considered unprecedented number of abip which most annually be written cial Co., Ltd.. appears 0 Page 4. The Happy Valley Golf Course general meetings, the Chairman uressary for our Company to ning casualties occurred on the un acount of depreciation.

sccount will be closed until Friday the commented upon the unsatisfact. adopt a policy of maintaining and Coins Coast, and this Company Exchange facrastion ory prospects of the Company, un increasing regular sailings be untor unately suffered in com-shows a decrease of £11,393 11 8, 15:h inst.-Page 4.

with others. During the Unfortunately this did not event established

there came a revival of trade. tween pivotal ports where we have mon

connections. and typhoon of 2nd, August, which uate, and low freights, combined where, given normal conditions created such havoc at Swatow, with the continued high est off of trade, promise of continual and and caused a deplorable losa of

life, the "Chopsang" and "Tung. THE HUMAN ZOO The dispute between Dr. Sun before the Legislative Council to accounted for the heass losslines that, in the year under the former north of Swatow, and

operating the flet, have primarily steedy earnings is apparent

It was in the protection of such shing" were both driven ashore, Yat-sen and the Cauton rice day and were referred to the shown in the accounts. With inerchants ie atill unsettled. On Finance Committee:-

financial the latter actually in the harbour. regard to trade generally, the review, considerable the 11th. instant, the Committee; $250,000 on account of mis-year under review

sacrifices had to be made. At Although immediate stops were of the Rice Merchants' Guild cellaneous services, contribution worse than 1921 so far as world the last meeting, shareholders taken to give all possible assist. received totice from the towards expenses of Hoogkor wide shipping was concerned, were informed that serious en-ance, the former vessel became a ply of 300,000 catties of rice hibition expected to be incurred employment offering in home some of Government demending the sup. Section of British Empire Ex-and the scanty and unprofitable croachment was threatened on total loss. The latter was eventu

OUT most importantially salved by the Hongkong and within two days, the cost to be in 1923.

waters induced & considerable routes and, as the year advanced, Whampos Dock Co. after some months work. Another met by the advance taxes which

$12,800 in aid of the vote number of tramp steamers to try competition became more keen four

the are to be collected from tenants Kowloon-Canton Railway, special their luck in the Far East, there until in some cases cargo had to regrettable casualty was of houses. At a meeting of the expenditure, Bridge No. 7. Committee it was pointed out

$16,200 in aid of the vale Public tonnage

by causing a further surplus of be carried at merely nominal stranding and subsequent total rates. The Company has passed loss of the "Koonshing", very in an already over- that such a quantity of rice Works, Hongkong, maintenance stocked

an extremely difficult popular steamer on the Shang- market. Depression through would cost about $200,000, and

SHOTS AT FRENCH SENTRIES.

Paris. Jure B. A message from Recklinghausen states that a French patrol abot two (iermans dead who were walking in the streets on Monday night, despite the French prohibition. As the result of a shot being fired at a French sentry at Wanne, the inhabitants have been for bidden to leave their houses after dark. The towns of ulfroth and Wipperfurth have been fined 23 million and 30 million marks, respectively, owing to French sentries being tired on.

Patis. June 13

In coparquence of the shooting of a sentry, curfew has been imposed a Recklinghau-en. Travel between the occupied and us

during have

in the

out

and

giving how

76.

94.

Hun idity

2. p.m.

Low High Tide 1016 pm. Water 4.2 pm.

Lighting Up-Time. 7.03 p..

occupied parts of Germany in the neighbourhood of the town is pro. A. 0. Lam, G." W. Barton (direcharges such as have to be borne placed an order with the Hongst account in question with PA in records on Page 5.

bibited. The beads of the police force have been arrested...

THE BOXER INDEMNITY.

Iondon. June 18

In the House of Commons. replying to questions. Mr. Ronal

SUN SEEKING FUNDS.

The Dispute With Rice Merchants.

as the merchants are unable to

TO-DAY'S VOTES.

Big Sum for British Empire +xhibition.

The following

of Commerce to mediate with a New Territories.

votes came

WES even

line. This took

of telephone iceluding all Cables in the Japanese coastal trade year, but our policy has been to hai-Tientsin

00 the 31st October 84.000 in aid of the vote al o encouraged vessels, usually give our old established suppor-place

Weihaiwei harbour. raise that amount the Committee Botanical and Forestry Depart-employed there. to go further ters the same terma za offered by outside

no instancó W23 soy decided to request the Chamber ment, other char, es, forestry, sfield and compete strongly for aur subsidie ad competitors, and I In

Southern rice business and also am glad to say as a result of an casualty accompanied by loss view to having the quantity $1,550 in sid of the vote general charter voyages on the agreed policy between the old of life, and I take this opportunity greatly reduced; otherwise, Kowloon-Canton Railway, special China Coast in which rates established friendly companies, of recording the Company's ap- merchants say they will have to expenditure, locomotive, carriage throughout the year, both North Due of our competitors have preciation of the fine work per close their shopa.

and wagon expenses: additional and South, ruled at unremuneralesady withdrawn,othera have formed by the officers and men Regarding the Government's machines, for workshops,

come to terms and there are signs of H.M.S. Daspatch in rescuing decision to sell all property belonging to the various temples. difficulty has been experienced in getting a complate record thereof. It has therefore been decided that i

20 per cents. of the proceeds be given to informers.

OUR DOGS

J

ative figures.

As regards the rice crops that that a better condition of affairs the passengers and crew of the

of Saigon district was estimated all round may reasonably be "Koonshing" during weather coo- ditions which called for strenuous Ona cannot be surpris'd that effort and entailed great personal

to be about 20 per cent. balow the expected. steraze. The bulk of it ship-

Under the local Doze Ordin-ped to Europe as Kwangtung rice after the vicissitudes of the war risk.

While not coming within the

ance, 3,661 licences were issued was fairly plentiful: this fact also years, shipping, like many other

in 1922, whilst 13 watchdogs accounted for reduced. imports industries, should go through year under review, you are no "It is reported that Yeung Sai- were licensed free of charge. A from Bangkok where the crop period of adjustinent and that in doubt all cangnizant of the ngam, the former Treasurer, has total of 65% stray doga werd was unsatisfactory.

some cases a scramble takes place stranding of the Kumsang" on

been forced to hand over the impounded, 454 were destroyed. Year after year the hope has for participation in established Northern Luzon, which tagk seals of office, despite the fact 183 were sold or claimed, and 5 been expressed that Caiss would trades, whether there is room or place on the 9th. May. There that be deposited a loan of nearly were destroyed at the request of goon be able to settle her com.not Experience leads us to were some 400 deck passengers a million dollars with the Govern- | the owners. Five animale replicated political problems, and think, however, that so long as on board, all of whom, I am ment without any security for rained in the Dogs' Home at the embark upon a period of undis- the original operaters meet com- pleased to say, were safely landed

end of the year.

Barbed prosperity-cat les litter petition, as may become necessary, and conveyed to Manila, to which

repayment.

will

የፅ

Whiteaway's

have a large

Capright 182Y

Pubise Ledger Dr.

The Bolshevik "Shall I bomb him or let him pay his?

Bill