1931-04-23 — Page 2

THE

HONGKONG

PENINSULA HOTEL:

HONGKONG HOTEL: REPULSE BAY HOTEL:

PEAK HOTEL

and

SHANGHAI;

ASTOR HOUSE;

PALACE HOTEL:

HOTELS

· LIMITED.

In association with the Grand Hotel Dos Wagons Lits, Peking.

KOWLOON HOTEL

KOWLOON.

UNDER THE PERSONA, SUPERVISION

AND ATTENTION OF

H. J. WHITE.

Phone No. 58008.

Cable "KowLOTEL " Hongkong.

benowned beer now DRAUGHT. Steel, Coulson's renowned Beer is now on Draught at the

PALACE HOTEL

Music

Daily.

KOWLOON.

PENANG

Dinner

Dance Twice weekly

RUNNYMEDE HOTEL.

The Premier holl in Mottu With beautiful private lawns to the Sea..

TWENTY ADDITIONAL ROOMS-COMPLETELY MODERNISED AND RE-FURNISHED ARE NOW READY.

CABLE "RUSNYMEDE."

RUNNYMEDE HOTEL, LTD. George Goldrack. Manager.

EUROPE HOTEL

SINGAPORE.

RENOWNED BY RECOMMENDATION" DANCING: After Dinner every Tuesday. Thurs-

day and Saturday. MUSIC:

On the VERANDAH- Monday to Friday-- 7.45 p.m. to 9,30

pm.

Saturdays-12.30 p.m. to 1.30 p.m.

and 8.00 pm to 8.30 p.m. Sunday Concerts-9.50 p.nl. to 11

Robert Drescher's Famous Viennese Orchestra Plays During Tiffin and Dinner Every Day.

GRILL:

Telephone, 5341 (8 lines) Cables "EUROPE" Singapore.

M

p.m.

THE EUROPE HOTEL, Ltd.

ASSEUR R. SHIMIDZU. ASSEUSE S. HONDA.

ASSEUSE S. KISAKI. Recommended for many years 07 Qortragest Civil Hospital, Peak Hospital, etc., and by all the local doctors.

14, Wyndham Street Tel. 21945.

Loss of

weight

Arthur E. Odell Managing Director.

MRS. MOTONO, Massage.

Hand and Electric

31. Wyndham Street.

THE HONGKONG TELEGRAPH, THURSDAY, APRIL 23, 1931.

LOCAL TRADE

PROBLEMS.

REVIEW AT ANNUAL CHAMBER MEETING.

The Chairman's Speech. Tha Chairman said:-Gentle men, the Report ani Accounts of the Chamber have been in your unds for some days, and I rise to move their adoption.

very hard time, and it is only by the most rigid economy that many companies are able to carry on.”

Government Stores.

tical Department, for which we here with the Harbour Master and are indebted to the Hongkong the Government Marine Sur Government, we can at least take veyors unable me to state that the stock of the position. For the official and unofficial representa- nine months of 1930 for Which tives of Hongkong hope to arrive statistics are availablo, It ap-

the at a practical agreement on all

You will find in the Committee's peara that the Imparts of mportant points. There will be Annual Iteport reference to an old

sterling discussions, en In reviewing the events of the Colony, expressed

with the familiar question--the purchase were valued at (in round figures) Singapore representatives and, we and forellir que sort through the

compared

with 263 hope, with the Dutch East Indies Crown Agents, and the desirability the corresponding

your, the guxation, which has

CURRENCY QUESTION. The continued fall in the price of period of 1924. The share of thepping interests. The object, of of ensuring a greater share of Gov

Show

means

milion

can

correct

and comparable

earlier figures,

pounds.

to

arcas

The Chamber has continued to subscribe, on behalf of a limited number of members, to Router's

be

service of Commercial Telegrams; reasonable the cost per member is

seems to

those thoroughly appreciated by who receive it. If other members wish to subscribe, all that in neces- eary is to get in touch with office of the Chamber, where details are available.

the

undoubtedly caused the most con- £30 millluns cern both here and in China la millions in

courac, is to co-ordinate the r

whose silver and the consequent depre- United Kingdom fell from seven quirements of Port Authoritica ernment orders to merchants in the to wh revenues they con- A review of Hongkong's current ciation in silver currency.

and

n half million to two and throughout the East so that there tribute. You will see that we have three-quarter trading condition and problema

in, as far as possible, one standard not been able to get very far, but The difculties under which we

wore Exporta

valued at £23f requirement for all veanoly of we are now looking was given by speakers at the labour are no less acute now than

at the question as compared with £45imilar class, with special provision from a different angle and are mak- annual meeting of the Hongkong when they were examined at some millions General Chamber of Commerce length by the Chairman at the millions in the earlier period. I for ships piping in particular ing representations to the Govern annual meeting of the Chamber in should be mentioned that the trades in comparatively circum- ment to the effect that when it does which was held last evening.

figures

only be scribed areas,

invite tenders from local firms, it The Hon. Mr. C. Gordon Mackle March last year. If they are to be foregoing.

shall at least put them on terms as Anti-Piracy Matters.

favourable as those offered for pur- was supported by the followidged entirely by the level of taken to convey a general idea of the General exchange, they are, in fact, of the situation, as in certain res the statistics for the two ing members of

greater perplexity. The down-pects

During the year the provision of chases made through the Grown not strictly com.

Agents. Committee. Mr. T. 11. R.

anti-piracy protection on steamers

Members will note with satisfac- (Vice-Chairman), the Hon. Mr. Ward trend of silver, referred to periods are

last year, developed much as was parable.

plying in the Far East has been J. Owen Hughes, the Hon.

Now that the revised Statistical re-organised. You will remember tion that arrangements for the aur- Mr. J. J. Paterson, Messrs. W. Hanticipated, and the exchange Bell, V. M. Grayburn, Paul Lauder.te of the dollar which at the Department has been in existence that the British Authorities devey of rice exported under Chamber T. E. Pearce, M. St. J. Walsh and new of man, 1910, too at 140, for more than twelve months, the elded that the guards, provided by of Commerce certificate have been J. P. Warren: with the following new stands at under one shiling, information accumulated becomes

The conclusions of the Currency of increased value, and I take this the Military, which had been satia- re-organised, and that a special factory and effective, must be Rico Sub-Committee, to whose mem- co-opted members: the Hon. Mr. W. E. L. Sherton and Lt. Comdr. Committes appointed by the local opportunity of emphasising the withdrawn after April 1st, 1990. bers we are much indebted, super-

been the Government have made appeal made by my predecesser After urgent representations these vises this department of our acti-

vitica, this chair that 1. S. Squance, It.N., with

business

guarda were continued for public and accord in general within

"will see to it that their period, but only on condition that Secretary (Mr. M. F. Key).

the opinion of your Committee on firms The following individual mem- the points Bubmitted. I will refer staffs all in the forma promptly the individual companies availing bors and firms were present. Mr. F. Austin, Mr. C. Champkin, the only to two of the points consider- and intelligently. so that returns, themselves of this protection against

undertook in piracy

writing ed by that. Committee. The first when totalled at the end of Hon. Dr. R. H. Kotewall, C.M.G, Mr. M. P. Talati, The Advertising Was the premium on the paper period, are at least approximately accept. guards provided by the and the service

with Hongkong

Police Department. when they became available, and (Major

that in the meantime the military The Economic Mission.

guards were paid for in full by the Although business deulings here companies using them. There he are international in scope, in a ing no alternative protection, these

to be

accepted, British Colony we naturally take conditions had special interent in the promotion under proteat. of British trade Your Committee, The new organisation consists

of Russians and Chinese, therefore, welcomed the tunity of doing all in its power to in as members of the Hongkong

with Indians assist the Economic Mission which Police Force. recently visited the Far East. addition: the whole under the Reuter's have cabled out a sum supervision of British Police ser ma

veants and controlled by a senior mary of the Report

which Cotton Mission have presented to British Police Officer. The cost the Authorities at Home. Ap in the shipping companies is less parently the members realise that than the cost of the anti-piracy if Lancashire is to continue to guarda provided by the Milltary participate in the China trade her Authorities during the period they prices will have to come into line wore paid for, but British ship-

her

That ng companies consider, that competitors. with necessity has been pressed from they are entitied to look to the over a Naval and Military Authorities. this side very forcibly long period, Other points, prin- for protection against piracy when cipally with reference to dietribu- carrying out their lor'timate trade, tion, have also been raised by the and they maintain that payment; la an expenso Mission, but it does not appear de- for such defence sirable to comment further on the which they cannot rightly be call- several recommendations put for ed upon to hour. ward until we are in possession of the full Report. We trust the re- definite action on the part of all expenditure due to larger sterling port of the Mission will lead to

In order to provide for increased· concerned with a view to enabling commitments as a result of the British manufactures to compete fall in exchange, the Hongkong more advantageously than at pre-vernment introduced in the last sent in the China 'market.

Budget naw_taxation of shipping. consisting of an increase in the light Jues Qa ocean-going

from 2 cents to

on Tiver

Gold Standard.

oppor-

the

Taxes on Shipping.

sworn

Int

lollar. This was generally con- &

Bureau Publicity

demned as harmful to the trade Creugh); Mesars, Arculli Bros of the Colony, and, although no (Mr. Omar el Areulli), The Asiatic immediate practicable

of Petroleum Co. (S,C.) Ltd., (Mr. W. bollahing it were apparent. the H. Bell): The Bank of East Asia opinion was expressed that under Ltd., Mr. Li Tre Font): Mesuthe prudent policy being pursued Botelho Bros., (Mr. A. A. Betel-by the note-issuing banks, the ho): Mesars, Bradley & Co. Ltd.,remium would disappear in time. (Mr. J. A. Plummer and Mr. A. As a matter of fact it has now Macgoward: The British-Ameri-disappeared, and, although some can Tobagen Co. (China) Ltd., of the evils rather freely attribut

Mr. M. St. J. Walsh: Messrs. d to it still remain with us, we Butterfield & Swire Mr. T. H.may. I think, now derive Rome R. Shaw): The Central Aesney modified consolation from the fact Ltd.. Mr. J. Rodger): The Dairy that our dollar, though it be poor. Farm Ice & Cold Storage Co. is at any rate honest. Ltd., (Mr. A. Stevenson): Messrs.

The second point considered by Deacons the ilon. Mr. W. E. the Currency Committee was the Shenton); Messrs. Dodwell & Co. iarraing influx of silver dollars Ltd., (Mr. J. P. Warren): The 19 result of the premium on Douglas Steamship Co. Ltd., Mr. notes.

The problem of their A. H. White); Messrs. Fung Tang ultimate disposal appears now (Mr. Wong Tak-kwong); Messrs.somewhat less complex, and, as it Gibb, Livingston & Co. Ltd., (the would seem very unlikely that Hon. Mr. C. Gordon Mackle and further imports will be made, we Mr. 5. A. Arthur): Mosers.

may hope with more confidence Gilman & Co. Ltd., (Mr. R. B. that this disturbing factor will be Sheepshanks), Messrs. A. Gocke gradually eliminated. & Co. (Mr, W. Fornita and Mr. H. Ammann): The Green Island Cement Co. Ltd. (Mr. T. C. T. The question of this Colony Beek); Messrs, W. A. Hannibal going on a gold standard has been & Co. (Mr. J. T. Buxton): The much discussed, and your Com Hongkong Electric Co. Ltd., (Mr.mittee has recorded its opinion 3. Douglas Butcher): The Hong- that the change in inadvisable kong & Shanghai Banking Cor while China remains on poration (Mr. V. M. Graybura); standard. You will not expect Messrs. J. D. Hutchison & Come here to enter at length intu Mr. T. E. Pearce and Mr. P. S. the considerations that have in- Cassidy): The Indo-China Steam uenced that opinion. I will only Navigation Co. Ltd., Mr. E. F.say that the Chamber welcomes Aucott); Messrs. Jardine Mathewith much satisfaction the Cur- san & Co. Ltd., (the Hon. Mr. Jenry Mission that has recently J. Paterson): The Java-Ching arrived from Home to examine the

question, Japan Lijn., Mr. A. van Gelder): whole

following The Kalian Mining Administrarecommendation of the Currency tion (Mr. A. C. L Bowker) Committee. The result of its de- Messrs. Keller, Kern & Co. Ltd. liberations will be awaited with (Mr. S. Kern): Messrs. W. Ivreat interest, and its members! Loxley & Co.. (Mr. T. A. may be assured of the full co-affected to some extent by the their dollar charges. The dues Mitchell): Messrs. Mackinnon, operation of this Chamber in all Mackenzie & Co.. (the Hon. Mr matters concerning which it may C. Gordon Mackie and Mr. M. T. be of assistance, Johnson). Messrs. John Manners

All that can safely be said of & Co. Ltd. (Mr. G. G. Johnston); the immediate future of exchange The Marconi International Marine

that a continuance of low Communication Co. Ltd., Mr. J. rates appears likely and that it E. Auvache): Messrs. Maxim & would seem unwise to build hopes Co., (Mr. J. Ribeiro): The Mer-on the dollar recovering to the cantile Bank of India Ltd., (Mr. level of former years. I join with 1. Sande) The Mitsubishi Shoji Mr. Planmer in his speech de Kaishu (Mr. K. Nakayama);livered at the last annual meeting Messrs. Mitaal Bussan Kalsha of the Hongkong and Shanghai Mr. M. Kawazu); Mesars. N. S. Banking Corporation in welcoming Moses & Co. (Mr. W. Golden the prospect of restored peace in berg); Messrs. A. B. Moulder & China, which. if it continues, will Co. Ltd., (Mr. Wong Oi Kut and tend to increase the value of Mr. M. A. Williams): The Nether-silver. Bands Trading Society (Mr. A. Stokkink); Messrs. Relas, Massey &Co. Ltd., (Mr. B. Lander Lewis

Imports Handicapped.

silver

the

dard

Board of Trade Rules,

Д

the

what

A year ago a report was com- vessels pleted by the Technical Committee cents per ton, and which had been advising on the steamers from five-sixtha of adaptation to local conditions of cent to 1% cents per ton, and double Board of Trade Rules concerning fees for the use of Government shipping surveys and life-saving buoys. The decision was defended ground equipment, particularly as they by the Government on the relate to the unberthed passenger hat shipping companies, in trade. In the meantime, the stan-majority of cases, either

to be aimed at has been a gold basis or have the Pera publication of the International then in force were imposed when Convention for the Safety of life he dollar was worth about double at Sea, signed in London on May its present value, and the Govern- 31st, 1923.

ment therefore defended the pro- The Government Marine Sur-posed increases as fair and equit- reyors are now discussing with able. I venture to repeat the Technical Committee further I said in Council at the time: modifications of Board of Trade "The suggested taxes on ship. Rules, taking into consideration ping, in the form of increased light the articles of the International dues and hire of buoys are, I con Convention. Article 12 of the sider, wrong in principle. This Convention provides that, in the form of taxation has been the Cage of passenger ships employed subject of several debates in this in the

carriage of large numbers Chamber in the past, and if one can of unberthed passengers, a Gondge from the records of the vernment may exempt ships from meetings the official attitude har full con full compliance with the Conven- won that shipping should only be tion and shall frame special rules axid for specific purposes from in concert with such other can-which a direct benefit la obtained. tracting governments na may be In

In the present instance this can directly interested in the carriage scarcely be put forward as an argu of unberthed passengers. A Copment in favour of the suggested

of Eastern and Far levles. Hongkong owes its

very

month from the benefits derived from the glad

While conditions remain as at and Mr. J. Ormiston); Mesars present, the import of foreignference Alex. Ross & Co. (China) Ltd..goods into Ching must inevitably Eastern Governments has been existence to shipping, and its pro- (Ir. W. W. Mackenzie); The be severely handicapped. Unfor convened for this purpose and sperity has been largely built up Royal Insurance Co. Ltd., Mr. Lunately, world depression has wili bo held next TA. Mitchell): The Union In-simultaneously checked the do-at Simlu I

to advantages obtaining to a free port. been This great asset should be main surance Society of Canton Ltd., mand for Chinese exports so that state that opportunity has (Mr. P. Lauder): The Union we, in Hongkong, who are mainly afforded for full representation of tained as far as possible at Trading Co. Ltd. (Mr. S. M. dependant upon tire trade of the shipping interests, and local ship costs. Quite apart from the ob Churn): Mesars. Harry Wicking ||great country at our doors, are ping companies concerned are lections to taxing shipping in order & Co. (the Hon. Mr. J. Owen necessarily passing through a sharing the cost of sending two reo augment to al revenue, it must Hughes Messrs. Wilkinson & period of depression. Thanks to presentatives, Preliminary disbe admitted by all that this parti

the re-establishment of the Statis- cussions which have taken place colar tratle is passing through

Grist (Mr. C. E. L. Grist).

SALESMAN SAM

HERE YA ARE, SON! RUN ALONG WITH YOUR FATHER'S PIPE ANO TOBACCO AND I'LL RING HIM UP TO APOLOGIZE FOR THE LOOKS OF THIS PACKAGE-

olen loade to extreme weakness, ven consumption. SCOTT'S Emul- ston builds the body, enriches the blood, and digestion and leads to increased weight and better bealth. Ask for

SCOTT'S Emulsion

The protector of life

ONLY $64

DAYS TILL

CHRISTMAS

AWRIGHT, MR. HOWDY

Just an Oversight

YEAH,MY BOY JUST GOT" HERE WITH TW' TOBACCO- WHAZZA MATTER –IS YER. STORE GOIN' ON TH' ROCKS?

SAHTA

SOLD

DO YOUR

VEXT CHRISTMAS LOCKING sicu!:

CLAUS

FWESH FWISH

•TODAY!

WILL

ALTER

TO SUIT

FOR

RENN

FOR

GONT

FOR THE YEAR

) NO, NO, MR. HOGG!WE)

BRE ALL OUT" OF WRAPPING PAPER JUST NOW AND I WRAPPED THE STUFF OP IN A NEWS PAPER Í

IFECOND NECH COLLAR:

HOPE THAT EXPLAINS EVERY THING, MR.HOOG!

NOT BY A LONG SHOT, IT" DON'T!

(Continued on Page 13.)

ASAHI BEER

Sole Agent

BUSSAN KAISHA

LTD.

SENER BEEK HONGKONG

LAGER BEER

WHEN AT HOME

Oke

BEST OUALITY

Hongkong Telegraph.

MAY BE PURCHASED AT

SELFRIDGE'S

By Small

LONDON, W.L

WHY TH' HECK DIDN'TCHA) WRAP TỰ STUFF UP IN

TODAY'S NEWSPAPER|

www

Small