1932-10-07 — Page 9

THE HONGKONG TELEGRAPH, FRIDAY, OCTOBER 7, 1932.

SHING MUN SCHEME REVELATION

THE BINNIE FIRM TO SUPERVISE

OFFICIAL REPLIES IN THE BUDGET DEBATE

P.W.D. CONTRACTS ISSUE

His Excellency also announced that the Resident Engineer in connexion with the Shing Mun scheme would arrive in Hongkong on November 17th, and that the majority of the staff from England should be in the Colony before the end of the year.

Authorised Capital

BANKS.

INDIA, AUSTRALIA & CHINA.

OFFICKI-LUNDON.

-AB,000,000 8.000.000

1,000,000

..£5,000,000 Paid-up Capital 2,594,100 Herre. Fund

350,000 Be Liability of Proprietors..

AGENCIES AND BRANCHES

BANKING CORPORATION.

Authorised Capital

...............655,200,00 Tweed and fully Paid-up ................... 20,009,000

Reserve Fade-

Btering ......5.500.000 Biwr

*****$10,000.200

Reserve Liability of Proprietors ..$20,000,000

The broadcasting of English and I would supplement this, however, P & O BANKING THE CHARTERED BANK OF HONGKONG AND SHAN AY Chinese programmes concurrently by stating that the principal out on 30th ult. WAA la engaging the attention of standing

|CORPORATION LTD Incorporated by Royal Charter 1868, Government, and it is hoped that $965,229.76. Every endeavour In experiments in this direction may being made to call in money out- (Incorporated in England, 1920). READ be carried out next year.

standing but the difficulties in the Nothing, however, can be done way of obtaining repayment of in- until the new Hung Hom Broad-terest and principal are obvious. abscribes and Taki-up

exercised Power of salo la casting Station is completed.

favourable opportunities occur. Ho Mun Tin Sewerage.

The Hon. Member's second point regarding the deals with interest on fixed deposits. 117-127, Leadenhall Street, London, EU, BALON STAR ILOILO The position coverage of Ho Mun Tin has not of the sum of $1,828,099.92 shown materially altered since questions in the 1931 balance sheet as on fixed deposit, $1,360,038:40 was regarding this matter

on Gth earning 8%%: $59,866,62, 8% and swered in this Council

The matter is $400,000, 2%. I do not consider September, 1929. further complicated by the aug-that this money could have been gestion now under consideration more properly invested consistent to reclnim the Harbour of Refuge with safety. at Mong Kok Tsui.

were

Lai Chi Kok Road Widening.

An-

BEREMBAN ΕΠΑΝΟΠΑΙ BINGAPORE

BITIAWAN BOURABAYA

INAD OFFICE—BONGKONG, -

па Beserve Fund

ПЕЛД ОРРІСЕ,

AMRITSAR

RANGOON SAIGON

WEST END BRANCH. 14-10, Cockapur Street, London, 8.W.I.

Colombo,

IRLANCHES-Dombay. Calcutta, Calicut CALCUTTA

KARACHI DANGKOK DATAVIA KLANG DOMDAY

SEMARANG

KODN KUALA

LUMPUR

KUCHING

MADRAS

TAIPING

MANILA

MEDAN

NEW YOR罵

TIENTSIN TONGKAN

(Phuket)

·

ΡΕΙΠΙΝΟ

TSINGTAO

(Pakinar)

PENANG

ΚΟΚΟΣΙΑΚΑ ZAMBOANGA AMOY

ANGHOT

DATAVZA

Hongkon Meixa,

GANTON Singapore.

Aracles-Ip all the principal town at CANPORE

GEDU the world.

General Exchange and Danking Boalness COLOMBO transacted, Loans and overdrafts granted on DELI approved security. Current and Fixed Depolt

HAIPHONG SAYINGS BANK ACCOUNT-Interest HAMBURG allowed at rice which may be sblained on JANKOW

HARDIN TRAVELLENB' LETTERS OF CREDIT TONGKONG SKLANDEREN.

COLONIAL SECRETARY. ecuate opened.

PASSENGENS* LETTERS

The question of the widening of Disadvantages of Contract-application, the roadway at the new Wardersing Out Large Public Works and TRAVELLERS CHEQUES lud. Quarters Laichikok is under con- sideration and it la hoped that an early date. improvement can be effected at an

Salkung Road.

TRIBUTE TO THE P.W.D.

DOARD OF DIRECTORS,

Bou Mr. J. J. Paterson. Chalmso.

Paroe

7.

Deputy ChairmaÚ, Hon. Mr. W. If, Dell, J. A. Plummer, A. IL Compton. Taq. T. EL 11. Bhaw, Des M. T. Jahnson, Esq. J. P. Warren. Eac

Miskin, Eag

Y. M. GRAYBURN,

CHIEF MANAGER.

OF CREDIT Foreign Exchange and General and Banking | CALCUTTA for use only on board P. 4_0, and Bly basiese transacted.

CANTON Wixed 700

Home Line stemmiata, and at Porte of Call. Usrrent Accounte byebed And

Deposit received for one year or shorter periods at rates which will be

ppilation.

British Income Tax Recareted. Executorships and Trusteeships undertaken.

W. 3. WADDINGTON,

Manager.

cadet to be Director of Education cannot be called unsuccessful. It s further a practice which finds justification in the views of the Re- trenchment Commission.

quoted

A. B. PENGUBON,

MARAKST. Hongkong. Pih July, 1933.

03

COLOMBO

ATTEN

FQOWIOW HAIPHONG KLAMJURG ΠΑΝΙΚΟΣ

THE HO HONG BANK LTD. HARDEN

(Established 1017).

HEAD OFFICE:-SINGAPORE. Local Branch:-

HONGLEW ILOILO

ПРОН

JOHORE

кори

KOWLOON

DRANGUREN

XUALA LUMPUR

LONDON

LTONG HALACCA MANILA MUAR (Johors) MUKDEN NEW YORK. FEITING PENANG BANGOON SAIGON

SAN FRANCISCO' SHANGHAI

SINGAPORE

BOURABAYA

BUNGE FATANI TIENTSIN

TOKYO

TSINGTAO

YOKOHAMA

At yesterday's debate on the Budget in the Legisla. tive Council, official replies were forthcoming to the many matters raised by the Unofficial members, whose speeches we summarised in our issue of last evening,

H. E. the Officer Administering the Government, in

The Hon. Colonial Secretary said: dealing with the financial position, emphasised the

Sir. It is very gratifying to note Kowloon Tsai, necessity of balancing the Budget, and said new items:

that the views of the Unofficial could only be inserted either by cutting out works al-

Regarding the dispaant of land members are so closely in accord ready provided for, or by the imposition of new taxa-nt Kowloon Taal, when this area (except that there. seems to be

Is formed it is proposed to offer certain tendency to press the Gov. tion.

the land in plots to suit the con-ernment to further expenditure) venience of both large and small with the proposals of the Govern- purchasers.

ment as set out in the Estimates; the more so that to-day's debate shows that the details have been The construction of the first carefully studied and that openings

Contracting Out. section of the Salkung Rond was for criticism can hardly have been considered in the draft Estimates missed. It remains to do

The same speaker suggested the Authorised but this work, like many others, more than to add the further ex- comprehensive contracting out of Capital had to give way to more pressing |planations naked for, and the the larger public works. In very Issued

Colonial Treasurer and Director of large works requiring the highest (Paid-up Public Works and the Harbour specialised experience there is noth- Typhoon Signal Station.

Master have now dealt with the ing to be said against this view; Reserve Liabilities of Shareholders

The Business of the above Bank is condusted 4,000,000 by the HONGKONG AND BRANGIAI BANK Suitable sites for a new Typhoon points of a mere specialised nature, and the Gorge Valley Dam is a good general instance where Government has at

JING CORPORATION. Rales may be obtained" Signal Station to be visible from There are others of a

BRANCHES and AGENCIES in on application, the character to which answers are re-lenst gone a long way towards ac- the principal cities of the world. the Northern portion of

FOR THE HONGKONO AND BHANGHA) peninsula are being Investigated,quired if the pleture is to be com-cepting it. But in less specialised

Every description of Banking and BANKING CORPORATION, works the problem is not the same. Exchange business transacted.

V. H. GRATOURN, And in due course proposals will plete.

I will begin with some questions An analysis of the suggestion shows

Chief Manager. be submitted. It is hoped that!

CHUA KEH HAI

Hongkong, 27th February, '1932. the Kowloon Residents' Associa-on administrative matters that have that it means alteration of existing been asked. In the first place departmental methods only to the tion may assist in this matter.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

(Netherlands Trading Boolety),

BANKERS.

SURVEY OF HARBOUR PROGRESSING

The Hon. the Harbour Master | suit:

PUBLIC WORKS. Arrangements for the Shing Mun Scheme.

LOCAL BROADCASTING.

Sir,There are three questions concerning the Harbour Depart-1 ment for me to answer. The first deals with Head 10, sub-heud 2~) Chola Cables for Mooring $22,960, When the re-organisation of the Harbour moorings was undertaken | Works maid;

it is then necessary to ruine,

It will therefore be seen that

:

moorings which have depreciated during their three years service. Returning Launches to Their

needs.

12

little

! venture to think that the Senior Un-extent of entrusting to outside firms officini must have misunderstood the the duties of designing and of over-

depart-

13, Queen's Road, Central.

Straits $20,000,000 on terms which will be quoted on application.

Hongkong, th April, 1922. 8,000,000 4,000,000 HONGKONG SAVINGS BANE.

Current Ascania opened in Local Currency: and Fixed Deportia-received for peke year of shorter periode in Ioval Osteeney und Österling

1

行銀

"

Manager.

charter of The National Government as

INTERNATIONAL EXCHANGE BANK.

ESTADLISHED 1836.

Hongkong DBca-11. Quem's Road, Central

126,000.000.00 |Authorised Capital

Paid-up Capital Heverre Pand

24,710,200.00 8,820,605.12

HEAD OFFICH:—BHANGHAL

HONCHONG BRANCHL

4. Queen's Road, Centrai,

|

Owing to our numerans branches in Obina

Shing Muu Gorge Dam, Government is fully alive to the proposals dealing with Cadets and seeing. I wonder if the work of

OF CHINA The Hon. Director of Public necessity for expedition in all Senior Clerical and Accounting the Public Works Department in BANK

more important matters appertaining to the new Staff. In elfect there is no expan-designing our It was divided into three parts, Sir, I propose to reply to the Shing Alun 2nd Section works. sion of the Cadet Service, but we schemes is appreciated-and all Reorganized October 28, 1928, under special

Arm any outside in its power, to have to be ready with trained more whether each part being undertaken during observations of Hon. Members and is doing all

officere against probable retirement would stand for the worry and con. one financial year. The third part which rofer particularly to works push matters forward. was finished this year. Moorings under the control of the Public

telegram in the near future. The age of re-stant changes to which the Public On September 27 was despatched to the Secretary tirement has recently been altered Works Department is subject, and ubscribed Caplial remain down for three years and| Works Department, inspect, and renew worn parts. Causeway Bay North Point Road. of State for the Colonies request as hon. members are aware and may to which any Government scheme std-up Capital ing an assurance that the work with permission be as low as 50; must be subject? Omcial and Un-Reseres Ponds Where the Causeway Bay North was being expedited in view of the also the training porlod for Cadets official views, technical and non- during the years 1930, 1931 and Paint Road has been reduced in approaching dry season and ask-lengthened by the addition of a technical requirements, 1982, no upkeep vote was required. width to 75 ft. sufficient land is ink for the date of the arrival of course of one year at Home before mental suggestions have all to be This being the fourth year, upkeep being reserved to allow of widen-Messrs. Sir Alexander Binnie Son coming to the Colony, These two dealt with and combined, only at changes obviously necessitate some the end sometimes to find that the is required. This now becomes recurrent charge in order to keeping to 100 ft. if and when the and Deacon's engineer.

I have just been informed that extra provision during the transl- money is short and that the work and large connections in the important com wider road is considered neces-.

extend to our ellents special facilitiem for spare parts available to renew

ary. It is hoped that the re-a reply Lelegram has been received tion period, and it remains to be must be begun over again on a new metal centres of the world, we are able to We handle the late of Bonds and duction in width will save $169,- and that His Excellency will con-seen in due course how recruiting foundation. Even where the money domestic and foreign banking and exchange. |000 in the total cost.

municate the contents to Council { requirements will settle themselves difficulty is absent, the problem re other Fubile Funds of the Chinees Govern-

down in the future. Government is mains; the plans of the Governmentment both at home and abroad, this afternoon,

SHOU J. CHEN. May Road Widening,

The position with regard to the Batistled that no excessivo demands Civil Hospital have run through the The widening of May Road from Shing Mun Valley Gorge Dam is have been made in the Estimates alphabet already to Letter 3 and before you, in view of the retire-finality is not yet in sight. The The centralleating of all repair | Aigburth Hall to Conduit Road as follows: work, stores, fuel, etc., and the was considered in connexion with The world-wide known firm afments that can already be foreseen. Public Works Department might be glad enough to hand over all this placing of all launch erews on the the draft Estimates, but as it is at Consulting Engineers, Meyers. Sir

An Experiment.

trouble, but I doubt whether an out- general list for seniority and pro-prosent impossible to fix the road Alexander Binnie Son and Deacon,

The creation of a new section inside firm would welcome it with the motion has proved to be extremely at Queen's Gardens this item were engaged by the Secretary of the Senior Clerical and Accounting dovetailing of all the interests to easy in working and a great had to be postponed,

State to visit Hongkong and report administrative improvement,

Harbour Surveying and Dredging on the proposed Shing Mun exter-Staff is quite a separate matter and be considered. It could be done, of Authorised Capital Under this system

The survey of the harbour issions. Two of the partners of is an experiment designed to meet Course, at a price; but private firms Fald-up Capital

too have to allow in one way or an- position with an untenable (a). Stores can be obtained in proceeding rapidly and about 40% this firm. Mr. Binnie and Mr. minimum of expense. You cannot other for salaries, passages, leave bulk from the Crown Agents has now been completed. It is Gourley, visited the Colony and man forty-one posta with a staff of and something to take the place of

Jocal that all sounding examined the scheme and which is great saving on anticipated

forty-nine if one fifth of their nun pensions and it is difficult to attack "piecemeal" buying.

work will be completed by the end conditions affecting construction.ber are always on leave. It so the assertion that the Government (b). Daily supervision is pos-of 1934. Thereafter farther work sible by the boatswain of Yaumati will, be necessary on current ob- The Crown Agents for the Colonies happens that during the current Departmental method of Pubile advised that the works were too year the number of Cadet officers Works Department work is the most Iarge to be undertaken by the yard each morning to see that theservation and co-ordination

on leave has been much below the economical. The following launches and crew are in a clean data then available.

of harbour present staff of the Public Works true proportion and it has been mary of a report by Mr. Lowick, Des Voeux Road, Central. No vital schemes and efficient state.

dredging are at present being Department and Messrs. Alexan- possible to mitigate the dificulties of the Architectural Office, Publie (e) Accurate check is kept on held up owing to the non-comple- der Binnie. Son and Deacon have of the clerical position by placing Works Department, is relevant; it tion transacted. the consumption of at fuel and ton of the Tarbour Survey. The since undertaken to carry out the Cadet officers in the two clerlent is proposed to issue the whole re- sun in the Estimates is consider cheme on agreed terms. They will posts at the Magistracies. It is port as a sessional paper in due (1) Fuel as per consumptioned sufficient to carry out the 1933 be entirely responsible for carry only at the Magistracies that Cadet course,

Sub-Departments,

stores which are issued.

teate,

of

programme.

The progress on the Harbour Survey has been very satisfactory and much more rapid than was

originally anticipated..

(2) Stores per scale. (d). All ratings being on general list gives equal chances to all for promotion the only exception to this being the water! Police, who are under special con-{ ditions of service.

for

Д

ing out the whole work, both officers have been employed In clerical duties. But next year tho design and construction, fixed fee, which the Government disproportion of Caret leaves us in considers reasonable; the Colony the other direction and we shall to pay all costs including stuff, have great difficulty in manning the the engagement of which is limit- Cadet posts if we are not to detain ed by agreed conditions.

certain Cadet officers in the Colony beyond their proper term.

Specialisation.

Bum-

....3o. 150,000,000 „V=30,015,500 ... 10,014,000

Head Amsterdam.”

Eastern Head OBces—BATAVIA.

BRANCHES:-Standfudzomain, Bandoeng.

Bombay,

Obertbos Djember, Diokjakarta,” IDE Flague." Jeddah, Hobe. Makan 7. Modan. Palembang, Peka. longer. Pepang. Rangoon Rotterdam.* Samarang,” Shang- hai, Hingapore, Boersbala, Boerakarta (Solo). Tegal, TIL latie and Welterrades,* *These offices have safe depoelt bozer, to las Bankers |--National Provincisi Bani

LAA Correspondents all over the world.

BANKING BUBINESS OF EVERY

TRANSACTED.

Manamer.

Landon

行絜銀 西 廣 港香

THE BANK OF KWANGSI. (Hong Kong Branch).

$10,000,000

$ 9,500,000. Head Ofco: Nanning, Kwangsi, Branches. Branches and Agencies in

of the Kwangsij principal cities Provinco and Correspondents all over

.

DEBORIPTION

A. STOKKINK,

flongkong, tad June, 1983,

THE YOKOHAMA SPECIE

BANK LIMITED..

(Capital (fully yali upi the Reserve Fund

1st

floor,!

.M. 100,900,000

.: 118,400,000

HEAN OFFICE:—YOKOHAMA,

London Los Angeles Changchun Manila Dairen (Dalny) Nagasaki Fenstien

Rio de

San Francisco,

Janeiro.

Seattle

BOHRENDE

the world.

Tiong Kong Branch.

Branches and Agencler at Building, Gloucester

Alexandria Hozatulu Rangoon Batavia- Kat Yvon Banking Business of every descrip-

Berlin

Karachi Bombay • Kobe Cable and Radio Address No. 2308 calents Tolephones: Manager

90112 Canton Business 30113, Enquiry 30114.

PAK TSE KUN,

Manager.

CHANG CHAO TANG,

Sub-Manager Hongkong, 8th September. 1932. "Executive Charges for work actually executed by this Office dur- THE BANK OF EAST ASIA, LTD. ing the period January 1921-June 1980 show that they are about half of what they would have been if

"Comparison of Executive charges and Cost of Building by (a) Architectural Office and (b) Private Architects.

Established 1918.

HEAD OFFICE:

10, Des Voeáx Road, Central,

HONGKONG.

Heavy Road Roller.

While I have no doubt that the

The final agreement with the of a heavy Road Consulting Engineers, containing manufacture (e). The launches being direct-Roller is well within the compass the full conditions, is awaited ly under this department a of local works It cannot reason-from England.

The references to the post of the executed by private architects. It uniform system of discipline is ably be expected that they could Government is fully satisfied. Director of Education are not al-must also be remembered that the maintained.

compete in design with Companies after the most careful considera together clear, but I take it the work executed during this period, (f). All defects are reported England which have specialized tion, that the arrangements made meaning is that the hon. munter about half of which has been a time direct and are dealt with at once. in Roller manufacture and have are in the best Interests of the who made the reference would like of retrenchment, consists mainly of

(g). All contracts for repairs, many years of experience behind Colony, both in the matter of the to see trained Educational experts comparatively small works where, Capital & Surplus over 188,000,000 costs of the works and their early from Home in charge of the Depart the percentage cost, by this offke Total Resources over H$40,000,000 etc., being dealt with by central

completion, and these arrangement. The question is one that has but not by private' architects is authority, it is much easier to estimate the cost.

them.

Maintenance Contracts..

The letting of certain mainten-/ents have met with the approval been with us for a long time and. is ‡ greater than in the case of really Every description of Banking I would point out that even ifance contracts in the early Au- of the Secretary of State.

the launches are returned to their tumn instead of in January, as in Bub-departments this department the existing practice, has 'advan- will have to do all the supervision taxes and is being favourably of repairs, stores, etc., with a considored in connexion with the greatly lessened control.

Contracts for 1938.

Yaumati Slipway.

Government Civil Hospital.

FINANCE POINTS.

Official Reply by Hon.

Colonial Treasurer,

LOAN CONVERSION.

KAN TONG 'PO,

Chief Maungor.,

-

[Mukden)

Hamburg

tankowe Harbin

Nagoya

abangbus

Shimoria

Singapore

Newchwang

Soprabaya

New York

Bydney

Tiontain Tokyo Thingter

Osaka

Faria

Felping

Hongkong

Intereat allowed on Current · Ascounts. ; Deposits received fur, fixed såriods at vÀLER to be obtained an application.

IL MORI

MABAITA Hongkong, 12th September, 198.

THE BANK OF CANTON, LIMITED.

Head

ESTABLISHED 192.

Office:--Hongkong.

.911,000/

1,100,000

Carlou, Shangbal,' Hanków, éwalit Bangkok. Now, Tork and. San ⚫elaco.

LONDON BRANCHES...

The Liz's Bank. Limited.

Corrensvadants in all prinsipai sitims -

world.

Foreign Exchange and Manking, bustade very description kraossensch

Safe Deposit Boxes (varios, níum},** yearly rental from 1ẽ tố 240.

LOOK, POONG SHANÁ

full of dimealtics. It is obviously large works.

and Exchange business transact-Authorised Capital‚‚i. Executive Charges by the open to argument that acquaintance

Pald-up Capital jod. with

two the Chinese

their Architectural Ofice for the and

Curront and Fixed Deposit Acera Fond mantality in at least as essential 'n large works about to be commenced part of the equipment of the Direc-the now Gaol and the new Govern counts in local and foreign cur- BRANCHES.— tor of Education. us Is the purely ment Civil Hospital-would be little rencies opened for clients. academic side of his training and more than one third of those by Savings Account and Safe De- we are fortunate Indeed when we private architects The charge of posit Boxes...

Branches and Agencies all over can get both requiremnta satisdel 9% applied in the calculation of Thirdly the 'sonlor unofficial Plans for the now Government

as in the case of Mr. de Martin. cost by private architects is based the world. member questioned the economy Civil Hospital at Pokfulum Road The IIon. Colonial Treasurer Further, especially in a small ser-upon the scale of charges authorized of maintaining a Government slip-are now well in hand and it is said:"

vico It is necessary to consider the by the Royal; Institute of British way. It is only necessary, I think, proposed to lay them before the to refer to the number of craft, Public Works Committee before has raised the point as to convert in appointments. Unless

Sir The Hon. Sir Henry Pollock effect of demanding specialisation Architects and Includes the pre- we can paration of bills of quantities and

Built by Architectural Office.. 68 in all, excluding the Kausing, the end of this month, when the ing the present Public Works Loan, be content with the wider kind of other items. we have to deal with, entailing Hon. D.M.S.S. will be Invited to 1927. This question has been ro specialisation that deals with a

Built by Private Architects.... "Actual cost of building ng dis-

Police Stations-(average cost per constant, small adjustments and be present.

ceiving careful consideration for knowledge of the Chinose, a water-tinct from executive chargea-tho repairs to realise that an estab- lishment of this nature is neces. Broadcasting Station Hung Hom. some time past, but Government is tight compartment will be called for buildings considered cover the foot cube.41 conta, 63 conta

not yet in a position to make a state-strengthened to allow for absences majority of those executed for Gov- Government quarters (do) 80%. sary for this purpose alone. The

As all the plant for the newment on the matter.

on sickness or on teave: no trans-crnment by private architects in the conta, 48 conta.

Balancing Costs. comparativo cost of work in the Brondenating Station with the The Hon. Mr. W. B. L. Shonton fers between departments will be past and these are compared with slipway and outside has been exception of the masts, which are raises two polnits in connexion with possible and the expense of the similar buildings by the Architoo-

"From the foregoing it will be carofully examined by the Govern- still on indent, is already in the finance. The first is as to the posi-personnel will be intransed. It is tural Office, they are divided under seen that executive charges by the ment and the resulta showed a Colony, it is hoped that this tion of the Trade Loan This is difficult choice, but the method two hends-Police Stations and Architectural Office are a fraction Hospital, etc., and, by all the considerable margin in favour of station at Hung Hom will be com- fully set out on pages 18 and 19 of Government has chosen during all Government Quatters and show the only of those by private architects Doctors.

(Continued on Page 10.)

24; Wyndham Street. ploted by June.

the annual financial report for 1981. these years of appointing a adlected following resulta

the yard.

MA

ASSEUR R., SHIMIDZU. ASSEUSE SHONDA “ASSEUSE S. KISAKĮ.

Government Ciril Hospital,