The American Chamber of Commerce Journal Vol. 8, No.12 (December 1928)

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The American Chamber of Commerce Journal Vol. 8, No.12 (December 1928)
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Vol. 8, No.12 (December 1928)
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English
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Christmas Stories: Outing Narratives: Stud­ ies of Native Culture: Editorials: Special Articles: Reviews of Business Sugar Shipping—Hemp Tobacco Copra Rice- Real Estate Exchange Rail Ship­ ments- Philippine Stocks and Bonds TRULY • A • MAGAZINE: • PREEMINENT . IN . THE . PHILIPPINES FOR CHRISTMAS he will appreciate a gift of fine TABACALERA CORONAS A tobacco fragrance and flavor that is possible only through careful supervision in growing and manufacturing Good Cigars are Desired by Most Men SPREADING YOUR RISKSThe keen businessman diversifies his investments both geographically and by types, not alone to avoid possible adverse conditions in some single industry or section of the world, but also to share more widely in those favorable developments which strengthen investment holding and make them more valuable. WE SUGGESTPittsburgh Hotels Corporation 5} ■>% Sinking Fund Gold Bonds, due March 1, 1948, yielding approximately................................... ?>f\% Chile Copper Co. 20-Year Gold Debentures, due 1947, yielding approximately.................................................................... ^} ■>% Cities Service, Power and Light Company 5’ -j% Gold Debentures, due November 1, 1952, yielding approximately............................................ 5 65% German Central Bank for Agriculture Farm Loan Secured 6% Sinking Fund Bonds, due October 15, 1960, yielding approximately.............. 6 1 >% Columbia Steel Corporation First Mortgage Sinking Fund Gold Bonds 5* 5% yielding approximately................................... 5 1 2% • Norwegian Hydro-Electric Corporation Gold Bonds Series A 5 1 2%, due 1957, to yield approximately 6.12% Commonwealth of Australia External Loan 30-Year 5% Gold Bonds, du? September 1, 1957, yielding approximately.......................................... 5.125% General Electric Co., Germany 20-Year 6% Gold Sinking Fund Debentures, due May 1, 1948, yielding approximately.............. 6'2% The average yield on the above list is approximately 6% Full Details On Request INTERNATIONAL BANKING CORPORATION IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 1 The Philippines—Past and Present In an awe inspiring pageant in flame—depicting the effigies of prominent figures in ancient and modern history—historical events—allegorical scenes equal in splendor to those described in fairy tales will be recreated by the world famed HITT’S FIREWORKS brought for the first time to the Orient at great expense Dance to your heart’s content—to the strains of famous orchestras—on the 26,000 square feet of highly polished floor of The Most Stupendous Auditorium where every night—of the sixteen glorious days of the— 1929 Carnival—Commercial and Industrial Fair FROM JANUARY 26 TO FEBRUARY 10 there will be special features which you cannot afford to miss Be A Holder of Privileges! PHILIPPINE CARNIVAL ASSOCIATION ARSENIO N. LUZ Director-General IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 2 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, i928 Willamette logging engines are leaders in the forest throughout the world CORONAS DE LA ALHAMBRA HALF-A-CORONA EXCELENTES ESPECIALES BELLEZAS PRESIDENTES Etc., Etc. All parts are built oversize to provide ample safety Sturdy Construction: margin for the hardest work. This is responsible for the low maintenance cost and remarkably long life of Willamette Yarders. WILLAMETTE Offices and Bodegas in Manila Address inquiries to Manila and Zamboanga or Zamboanga Spare parts carried in stock in Manila and Zamboanga by MEYER-MUZZALL COMPANY 301 Pacific Building, Manila Brighten Your Home for the Coming Holidays A hand touches the button of electricity and your Christ­ mas tree flashes into jeweled radiance—brilliant, majestic. From the largest lighted mansion to the tiny tree on your dinner table, electricity brightens and beautifies the Yuletide. MANILA ELECTRIC CO. (MERALCO) 134 San Marcelino Tel. 2-19-11 Watch | I For The Name ALHAMBRA On Rings j and Labels— I It’s Your | Protection i Alhambra Cigar and Cigarette Mfg. Co. 31 Tayuman Manila, P. I. IMITA TED BUT NEVER EQUALLED! IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL The Little Town of Cuenca in Batangas It is time to speak of the social customs of Cuenca, political and economic matters having beer disposed of in the two preceding papers. In Cuenca society, when crises arise, the depend­ able Batangas bolo is the first and last resort. Cuenca holds to its own civilization. At general election time this year in one of the barrios of Cuenca lying along the main road, there was an encounter which, though rare in the social annals of the town, illustrates its laws. In this barrio a young husband had gone off to town to take a crate of chickens to market and his wife, a prepossessing matron still only in her ’teens, was, excepting the children, alone in the house, knowing this would perhaps be the case, a neighbor had been drinking alak all day long and getting up Dutch courage. At midnight he entered the house and pled for kind­ ness and discretion. Not long after, the matron went to the neighbor’s house and awoke his father, saying: 'Your son came to my house a few minutes age and I did not quite kill him. I tried, but 1 had only a dagger under my pillow. Wounded seven times, he is lying out there in the rice field ; if you don’t find him, he may die.” They found him. He lived, and is serving a prison sentence of about two years. It simply must be safe in Cuenca to take the produce to If the matron had been complacent, they say it would have worked out this way: One pleas­ ant rendezvous would have followed another until at last the offended spouse heard of it through the neighbors or light dawned upon him without the aid of gossip. Still his manner would have remained unchanged, until he had actual occular evidence. Then it would have been bolo against bolo—and may the best man win. The husband would have had the right to send both his wife and her paramour to glory. It is strict law, and adultery is not at all com­ mon in/Cuenca. The reader must keep in mind that <Zuenca folk are Malayan Tagalogs hardly mixed at all with other blood. In their rural isolation, they are proud of their puritanism; it keeps them a self-sufficient, frugal, self-sustain­ ing community. Authority in the family is by seniority, the grandfather above the father, the father above the mother, father and mother above the children (and uncles and aunts, too), the eldest child above its younger brothers and sisters. Kak&, the eldest of us, Cuenca children say, in obedient acquiescence. Cuenca children therefore grow up under ample authority, hence they imbibe discipline without realizing that their lives might be ordered in any other way. Besides blood relatives, there are godfather and godmother. They are to be implicitly obeyed. A wayward child in Cuenca would be an anomaly; such a child has never been known there. To be wayward is decidedly not the thing. On the other hand, youth goes through no psychological storm in Cuenca. Marriage takes place at the age for it; at fourteen, sixteen, eighteen—then it is that boys and girls get married. But in no shabby manner. A Cuenca boy lets his parents know that he would like to wed a certain Cuenca girl. His with them fresh fruits, bottles of alak and other attributes of a congenial occasion. If they are cordially received, this is at once a good omen; their son may be with them, and they presently broach the purpose of their call. Well, it will be all right, but— Here the bargaining begins; not, however, in the plain language of the market, but in allegory JACOB LEVY PHILIPPINE HATS Buntals Bamboos Calasiaos Balibuntals Correspondence Solicited 227 Calle David Manila, P. I. Cable Address: "TEXTILES” Buy A New For Christmas! Eat- Installment Payment Can Be Arranged An Ideal Gift for the Family MANILA TRADING & SUPPLY GO. MANILA — ILOILO — CEBU — BACOLOD Please see us now so we can have your Car ready for delivery at your door on Christmas morning IN Rl '- PONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 4 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 and pastoral speech. “Once upon a time,” begins the girl’s mother, sampling the alak liberally, “a farmer and his spouse had carefully reared a rare variety of orange. Its blossoms promised to be fragrant and abundant, its fruits most delicious. But having carefully cared for it in the nursery, at last they planted it in sterile ground; and they neither dug a proper hole for its roots nor water­ ed it well, so that it struggled only a short time with their neglect, then died.” To the boy’s anxious parents, the symbolism is logic itself. They assure the girl’s mother that the hole shall be ample; that is, there will be a liberal grant of land. They also promise that the precious young tree shall not wither for want of water; that is, that the girl will not be neglected. By agreement, then, a specified tract of land is turned over by the boy’s parents to the girl’s parents. They in turn, when the wedding has been celebrated, turn the land over to their daughter; and this land is for her and her chil­ dren. It is a part of the usual bargain that a house be built on the land, since this is to be the home of the new couple; the husband indeed is to work and manage the land as his own—only it isn’t his anymore. Everything arranged at last, other relatives may be invited in (or come unannounced) to share in the simple feast. Of course the boy will buy the girl’s trousseau, giving her parents P80 to Pl00 for this purpose. He will likewise pay the priest, and it depends on the time of year in which the wedding takes place how much this charge will be. If at a regular time for wed­ dings, after the Feast of the Three Kings in January, and after Mahal na Arao, or Easter, the priest will charge only P8 to P12, to the poor. But at other times in the year the charge may reach P30 or even P40. Thus it is that some unions are informal, and weddings sometimes solemnized after one or more children are bom to a poor young couple. But Cuenca swains are more or less expected to be thrifty and enterprising enough to pay the priest at once and have a regular wedding and postnuptial fiesta. Only extreme pity mitigates the conditions commonly laid down. But marriage in the church doesn’t bring the couple together save momentarily at the altar. Ancient customs are yet to be satisfied. Leav­ ing the church, the bridegroom goes to the bride’s home and she to his. Thus pass the first day and night. On the following day, the bridegroom, accompanied by the bride’s parents, goes to his parent’s home, where he sees his bride and talks with her—but nothing more. His fortitude in this serious business of marriage is being tried out; he is still under observation. That evening, or the next, other relatives are invited in for a general rejoicing round a groan­ ing board; and the next day the couple are accompanied to the new house where at last they will be alone. Both the boy’s parents and the girl’s go with them, taking along useful furnishings for the new home—jars, skillets, bedding, sleeping mats, curtains, firewood. That night a new couple sleep under a new rooftree, blessed with the solicitous interest of both families. From each party to the union equal faith is expected. For the husband to go philandering will cost him his fields, his house and his wife and children; for, if he persists, his wife will drive him out and assert her marriage rights; and even if she tem­ porarily returns to her parents, still these rights of hers and her children do not lapse. As for delinquency on her part, what happens then has already been shown; it is a case for bolos. But only reluctantly will her relatives intervene on her behalf when she is piqued at an erring husband; the children, the property, woman’s propensity to sudden jealousy and eventual inclination to forgive—all this is con­ sidered in the hope of the reconciliation which a short time usually brings about. Moreover, it is the man, not the woman and her relatives, who should worry most in a situation of this kind: it is he who stands to lose all. Philandering is very uncommon in Cuenca. Now it happens in Cuenca sometimes, as it sometimes happens elsewhere, that youth de­ ceives maidenhood. It is not common, but it does occur. A Cuenca sinner has, in such circumstances, three several choices: to flee, to face the bolos of the girl’s irate relatives, or the consent to marriage. If he doesn’t flee, the last choice is given him first. The people are not blood­ thirsty, they merely subscribe to a puritan moral code which is quite inflexible and, for the pre­ servation of such a community, quite indis­ BABCOCK & TEMPLETON, INC. IMPORTERS—EXPORTERS HEMP COPRA MAGUEY PHILIPPINE PRODUCTS FINE LITHO AND PRINTING INKS Agents for JOHN KIDD & Go., Ltd. LONDON NEW YORK MANILA CEBU SAN FRANCISCO pensable. If the man flees, the law of the islands is set upon him; if it catches him, he is brought back to Cuenca and a settlement demanded in behalf of the child—either already bom or ex­ pected. Here again he may have recourse to marriage; and little disgrace seems to attach to the bolo-marriage, certainly nothing like that attaching to the shotgun marriage in rural Amer­ ica; for everyone in Cuenca seems to appreciate the unfortunateness of the situation, and that only pardonable impetuosity caused it. Anyway, marriage is for children’s sake in Cuenca; for children every sacrifice is expected to be made. The most unhappy dweller in Cuenca is, quite naturally, the unmarried mother. Toward her custom is harshest. True, she is not branded with the scarlet letter. But she can never marry, no one ever courts her. She may remain at home, a kind of slavey; she can have a stall in the market or go out with the others to pluck the ripe rice at harvest time; she lives a living death—for not having lovers, no hope of an honest proposal of marriage. This stigma stops short of her child. Her child, even a daughter, may grow up and marry like any other girl in the town. Cuenca puritanism seems not to extend to the obscene obloquies too often, elsewhere, heaped upon the heart of the fatherless child. Nevertheless, it is such that bolos are quickly drawn and mercilessly used to prevent its curse falling upon a daughter or a sister wronged. “He ain’t done right by our Nell,” says the Blue Ridge mountaineer, calmly loading his squirrel rifle. In similar circumstances, Cuenca, fathers gird on their bolos. t The severest test to which pretenders for thq hands of Cuenca girls are subjected is that of; requiring them to live in the girls’ households, to prove their industry, resourcefulness in earning a livelihood, and character. Such boys are5 marina nanunuyo; their term of service may, extend to four or five years, and it is often arij economic advantage to the parents to keep^ postponing the wedding from season to season.^ In such circumstances, the mother may be° appealed to, either by her daughter or the sweat ing suitor, to relent. If Again there is resort to allegory. t “A handsome colt was driven at the singletree, so long that he was ruined for the shafts,” hintsc1 the longing girl. * -1 The particular anxiety of the nanunuyo that after donating so much labor to his love,' the girl may wed another. Jilting causes loss of face, and loss of face causes the drawing of bolos. Such is the alternative tempering the rapacity of Cuenca parents. If a youth is not a nanunuyo, but merely engaged to his sweet; heart, then if another begins poaching on his preserves the bolo must settle the argument. In other words, jilting isn’t tolerated by man­ hood in Cuenca. He who would steal another’s girl is brother to him who would steal property; caught in the act, both are killed. But the inter­ loping gallant may come off best in an encounter, whereupon the law will absolve him, since he has but defended his life. The first of the three papers on Cuenca ex­ plained the pleasure of the motor ride to the town. This final one closes, then, with mention of the fact that San Isidro Labrador is the patron saint, and the town fiesta falls on May 15. .»X. .^»e American Dru/f * BOTICA BOIE ‘ MANILA Wholesale Agents Heavy Chemicals—Fertilizer—Manufacturers We have been selling drugs for 97 years IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 5 Olongapo: The Jewel of Subic Bay In going overland to Olongapo, the trail begin­ ning at Hacienda San Benito winds westward over the mountains and debouches in the out­ skirts of the town of Santa Rita. This trail involves a hike of about five hours. Going up the mountains, the trail follows Crooked river; going down on the other side it follows the Santa Rita river and disperses in the shallows of the ford. As soon as one is up the opposite bank, he encounters a village road which leads him to the comer, turns him to the right and leaves him at Gordon’s place. At this cabaret the traveler may bathe, wet his □arched whistle, lunch, and order a motor car n which to drive to Olongapo. The crux of the whole trip is the mountain trail. Negritos were met on the trail; first a man ind his wife, who were evidently going over to itotsenberg to sell some bows and arrows, and hen two sturdy boys who had been cutting attan in the forest and were taking two large 'undies of it to Dinalupihan to swap for a lanhita—a pocket knife. So long as the Negritos njoyed the isolation of their native hills, they /ere well enough off. But now they aren’t, ince the trail runs over the mountains and will oon be widened into a road making Olongapo ut three hours from Manila. This is fortunate or Manila, in which the Negritos are not very nuch interested. These Negritos are a simple oik, one of the peoples in the world who cannot tdapt themselves to the modern manners and ustoms called civilization. Their primitive redulity is readily imposed upon—witness the 'vo boys bartering so much rattan for a cheap .igiife. When trails and roads invade their ‘Ighland isolation, no special administration looks after their interests in their new contacts ith the lowland world. They regularly get je short end of the bargain; they undergo suf­ fering and they eventually disappear. They are peaceful. The depredations one hears of in Manila are reprisals for wrongs done. But the constabulary doesn’t analyze the provo­ cations to violence; it but makes reprisals in turn for the violence committed, and so helps to reduce the Negrito population. Jack London calls this the law of life. London is hardboiled. Let’s get along to Olongapo. Here it before us: wide clean streets, neat dwellings, natty barracks and officers’ quarters, good public buildings, well-stocked shops, the yards, into which two old Spanish gates open, one still showing the marks of the American bombardment in May 1898, two concrete whar­ ves, where the world’s largest ships could be moored, and, in a depth of 75 feet of the calm waters of a land-locked cove, the famous Navy drydock Dewey. All of this is not specially defended; Corregidor, in the middle of Manila bay, lies far over the mountains. Olongapo is at the head of Subic bay; in the middle of this bay, a sort of miniature Manila bay, lies Grande island. It constitutes something of a fortifi­ cation, but little enough. As to any more, these are times of peace—there are the Washington treaties. Only Singapore weathered these trea­ ties with the right to fortify. Yet Olongapo is a natural stronghold. Its deep waters are never ruffled; its sanitation is perfect, not a mosquito to be found; and bacl of it, up Subic bay and stretching back intc the mountains, lies a reservation of 28 square miles. It is the only American port in the Far East where major repairs to large vessels can be effected; in Subic bay the navies of the world might rendezvous. Here is the striking contrast VIEWS OF OLONGAPO Left column: 37-foot python, cabaret dancing, the mosquito fleet at dock, a painting of the towing of the Deucy across the seas.—Center column: an Olongapo church, a destroyer in the drydock Dewey. —Right column: panorama of Olongapo, an Olongapo street scene, fishing boats on Subic bay, a coasting banca in full with Manila bay; Subic being deep and perpe­ tually calm, Manila shallow and stormily. re­ sponsive to every gale. For eighty years Olongapo’s advantages have recommended themselves in vain to the final arbitrators of naval programs. For fifty years they did it under Spain, for thirty years they have continued doing it under America. Maybe things will change, when the road is in, and Olongapo come into her own. The bay will be there always, the drydock and yards and machine shops at least a long time; for when there is talk, which is continually reviving, of moving the drydock, the question remains unanswered as to where. For the drydock Dewey, you’ve got to have 70 feet of deep calm water. An aspiring young lawyer, briefless, hurried out of his office to lunch one day after pinning a note on the door, Will be back in half an hour. A wag came along and wrote under this, Why? The anxiety to scrap Olongapo and put the drydock somewhere else is much of a piece with this. Why indeed? The strategic advantages of an adequate Olongapo in the event of an attack on Manila “Look for the blue tin” SDCDNY MOTOR OILS AND GASOLINE Standard Oil Company of New York IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 6 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 from the sea will not be discussed. It is believed that Dewey once discussed them, and he should have known what they are. When his guns tolled the knell of Spanish power in the Far East, the Spaniards were engaged in making Olongapo their principal naval base. Dewey is said to have been surprised that the work was no farther along, but concluded that it had gone slowly because Olongapo, by the means of transportation then available, which are little better now, was too remote from the official life and gayeties of Manila. If so, and since this particular isolation isn’t a help, surely the new road will make a decided difference. At least, in Olongapo they are all for the road. American effort at Olongapo began in 1904 with the stationing of the Mohican there, under Captain Ackley, who therefore was the first American station commander there. In 1906, from the Atlantic seaboard, the colliers Brutus, Caesar and Glacier towed the drydock Dewey to Olongapo—across the Atlantic, down the Mediterranean, through the Suez, the Red sea and the Gulf of Aden, then across the Indian ocean and the China sea to the anchorage where she has ever since been faithfully on the job. Towing her out was an outstanding achievement in the art of modem navigation. Three several times she broke loose, and tugs got hold of her and made fresh towlines fast. She often careened fearfully in the various storms encountered, but she kept afloat and the colliers managed to keep pulling her on. The trip required six months. Ed. Gallaher, oldtime Marine, who has been residing in Olongapo since 1904, is preparing a popular account of the history of the drydock Dewey, including a log of the voyage out with her. He was chatting about the dock on the Sunday evening during which these notes were taken, when a very quiet little man walked in his place, the Standard Drug Store, and sat down to a schooner of Liberty beer. Ed. M. “Doc” Chervenke, Gallaher’s store manager, fell to talking with him, and it turned out that he was one of the men who had helped tow the Dewey out. His name is B. N. Procter, he is the chief carpenter on the U. S. S. cruiser Trenton. But in 1906, Procter was the blacksmith on the Tacoma. Together with the Brooklyn, well remembered out this way as the quondam flagship of the Asiatic fleet, the Tacoma voyaged across the Atlantic and overtook the towing expedition in the Mediterranean, near Malta, where the Tacoma transferred to the Glacier, the supply ship of the expedition, a quantity of spare towing gear. Procter was temporarily transferred to the Glacier, but went back to the Tacoma at Suez, where the Brooklyn and the Tacoma left the expedition and returned to America. Procter is quite a character, as the expression is—a type of the skilled craftsman for which the Navy makes an excellent career. During the World War he was on the Jupiter. There is a remarkable conformity to discipline at Olongapo and on the entire naval reservation. The whole community seems something more than mildly temperate; the sailors moisten their palates with Liberty beer and placate them with icecream; and in the wardroom on the Trenton, again the beverage was Liberty beer. The Trenton is, of course, one of the prides of the Navy. One of the newest cruisers, she is equipped with the latest dinguses of all sorts, below and above; among these, naturally, are airplanes which are launched from hydraulic catapults. The ’planes are nicely poised on carriages; these carriages are shot, with their flying load, to the end of the catapults at terrihc op’*>d. Here a buffer stops the carriages, the triggers holding the ’planes in leash are slipped, and the 'planes keep going—their engines having been keyed up to flying speed before the catapults were shot. But however powerful the Trenton is, what with her 100,000 horsepower, in the drydock Dewey she seemed small enough. For the drydock handles ships up to 20,000 tons; the largest ships on the Pacific have been floated in her and repaired; these include Empress ships; only recently she floated and repaired the Steel Navigator, and not long before that the Patrick Henry. That a ship may protrude beyond the drydock (about 500 feet long) some 50 to 75 feet fore and aft, makes not the slightest difference. The Dewey could be towed out to sea, to meet a ship, dock and repair her; for she has shops in her provided with complete equip­ ment. This equipment is kept in emergency con­ dition at Olongapo; but there the land shops are utilized chiefly, since they are more convenient. When a ship is to be docked, the blocking is put in place. Then the drydock’s water com­ partments are filled, causing her to submerge. Then the ship sails in and is made fast. Then the water compartments are emptied, and the The Monte de Piedad An Institution estab­ lished and operated for the benefit of the people. Its principal aim is to encourage thrift and to protect needy persons against usury. For. that purpose it accepts Savings Deposits at 4/^% Fixed Deposits at 5% and makes loans under liberal terms secured by Jewelry, Precious Stones and Metals; Real Estate in Manila or Bordering Munici­ palities; and Bonds, fully secured and readily marketable. Monte de Piedad Bldg. Plaza Goiti Manila, P. I. Phone 2-27-41: Manager Phone 2-13-79: Office drydock rises, with its burden in its bosom. The process takes about an hour; the most skillful trick is the placing of the pinning so as to conform to the vessel’s bottom. Commercial jobs are taken at Olongapo under certain conditions, when the dock is not required for naval purposes. The activities of the station support a population all told of some 6,000, but in the heyday of the station Olongapo had a population of 12,000. The naval authorities, including the Marine, are most courteous toward persons wishing to visit the station; a golf course, which has a first rate clubhouse, skirts the yards and is laid out right in the town. Residents of the town have distilled water and electric lights, primarily provided for the station, at ridiculously low rates. More than 1,000 children attend the classes provided for in five substantial buildings; there is also a private high school. The Roman Catholic, the Filipino Independent, the Methodist and Church of Christ churches minister to the community. So does Ed. Gallaher, an excellent host and thoroughbred booster. On the reservation are three oases, Gordon’s place (called Gordon’s Chicken Farm), Tia Juana, which is B. L. “Blondy” Morrill’s place, and Damaso Esteban’s homestead. All three places are located on homesteads, which had been taken up before the reservation was extended. They are lucky; escaping municipal authority, they are independ­ ent of the naval too; but they cater almost wholly to the station trade, so they are very amenable to suggestions and discipline from the naval officer commanding. There is no proper commandant of Olongapo now, as there used to be. The last one was Rear Admiral Edward P. Simpson, who transferred his flag from Olongapo to Cavite when the United States entered the World War. Since then there has been only a station commander. Lieutenant Commander E. A. McIntyre is that now; his designation is, Captain of the Yard, Commanding (Olongapo Naval Station). Lieut­ enant Niedert is in charge of the drydock Dewey. Another ranking officer is Paymaster Ivanhoe. Captain Wilson and Lieutenant Frank Flack command the Marine guard, less than fifty men. There was a time when upward of 1,200 Marines were regularly stationed at Olonga­ po; then the station was the largest Marine post of the United States; practically all the veteran Marines who so distinguished themselves in the World War were trained at Olongapo. There they practiced range firing, there they got tough hiking in the mountains. Lieutenant Commander Fields is the medical­ health officer of Olongapo. The town has a unique government, as govern­ ments go for towns in the Philippines. It par­ takes of the oldtime Spanish municipal govern­ ments. The simple word of the officer com­ manding is the law, of course. But, very con­ siderately, arrangements have long been estab­ lished whereby he receives suggestions from a town council—nine representative residents. On this council, Americans, Filipinos, Chinese and Japanese are all represented. When the suggestions are reasonable, they are followed. Nothing very highhat about that. But Olongapo is even luckier. Politically the town is a barrio of Subic, which has a quota of six-councilors. Of these six, five are from Olon­ gapo. Ed. Gallaher! One would think that a naval station on an immense reservation would be sufficient to inhibit Irish propensities for politics, but evidently it isn’t. Gallaher has great hopes for the new insular road. A drive up Subic bay was made with him. The ectasies he manifested over the scenery were warranted. The bay is an aqueous cul de sac amid the mountains, Grande island loom­ ing in the center of the placid waters. The road, carved in the cliffs, skirts the irregular shore of the bay. A curve is rounded—Half­ moon beach comes into view, a crescent of shelving white sand. Farther on another curve, and a thrilling descent to Maquinaya beach, opposite which, in a vale sufficiently wide, is the rifle range. Station folk formerly went surf bathing at Halfmoon beach, but now they prefer Maquinaya; the bathing launch leaves Olon­ gapo wharf regularly every afternoon. When the new road is in readiness and Manila put IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 7 within a motor run of three hours of Olongapo, here are beaches, rivaling the world’s choicest, which ought to become popular resorts. Northward of Grande island is Snake island, said to abound in reptiles. In fact, the vicinity of Olongapo is a habitat of both rock and tree pythons. They are harmless, but large, and several extraordinary specimens have been taken. The skin and vertebrae of one of these hang in the Yard Lunch Room, and the measure­ ment is given as 21 feet, 6 inches. Two others are remembered by oldtimers, one of 31 feet, 5 inches, the other of precisely 37 feet! This was taken alive, on Grande island, and pho­ Another Week-End Outing From Manila By Walter Robb Pan himself must have been reeding a tune, one very much like the only tune which Tom, the piper’s son, was able to play, “Over the Hills and Far Away!” For legs were hungry for the road, eyes for the hills, and soul—or what has one?—for the sea. So that, when we found we could motor to Dinalupihan, in Bataan, hike over a stiff mountain trail from there to Santa Rita, Zambales, get from Santa Rita into Olongapo either by carretela or motor car, and back from Olongapo to Manila by a comfortable night boat, we, a friend and I, seized upon the opportunity without delay. It was a felicitous decision. Without hesitation the trip is recom­ mended to others. It is not too arduous or too prolonged for anyone in good health; on the contrary, it is invigorating. We left Manila about 11 o’clock Saturday morning and motored to Dinalupihan at pleasant speed in three hours. Making arrangements there for and with the driver, in the event we should decide to return overland, we motored on a few kilometers more to where an unbridged and sluggish brook barred us from continuing in the car at least to Hacienda San Benito. Our attempt to ford this brook with the car caused a considerable and altogether avoidable delay which was destined to afford us one of the hap­ piest experiepces of the trip. To avoid the delay all that was needed was to sound the bottom of the brook. By the foolhardy rule of trial and error, it turned out to be mud, not gravel or rock; the car, of course, promptly stuck about front-axle deep. So the experiences of the hike began. Peas­ ants’ huts, two or three, were nearby, and ca­ rabaos tethered near them. Could we have help? Certainly. There was no bargaining for the job; with hardly a word, only grinning acquiescence, a peasant harnessed his de­ pendable, ungulating slaty beast, road it across the brook, hitched it to the rear axle and, with the aid of the engine, pulled the car back onto dry land. For the half-hour’s inconvenience, the peasant accepted a half-peso with thanks. Half-a-dozen sturdy farm boys, who tugged helpfully at the wheels, gleefully divided among them a reward of a dime. Neither man nor boys asked for anything, nor did anyone indicate by word or manner that a fee would be in order. The help was instant and might, had we wished, have been gratuitous. While the job was in progress, the man hailed a passing carretela which loaded in ourselves and our dunnage and took us on to the end of -the road—at a broken bridge just on the border of Hacienda San Benito. This cost us another dime. Some well-known Filipino has the place at the bridge, at least the care of it; but his name, in true peasant fashion, was slurred in the pro­ nouncing so that there was little use in trying to get it right. Here, however, cargadores were secured, two pesos each for the trip to Santa Rita, and in fine fettle we took to the trail. It was about 4 o’clock when we rounded a bend and beheld, crowning an isolated and ideally situated knoll on our right, the spacious plantation house of the Hacienda San Benito. My companion had a stout pair of brogans, which he contrasted disparagingly with my good, but light-weight, Manila shoes; and the brogans were all right, save that they capri­ ciously and most annoyingly exuded brass brads . . . inward! tographed for postcard purposes. In order that no reader may question an Irishman’s veracity on this subject, the photograph is reproduced in the illustration accompanying this paper. Yangco boats ply regularly to Olongapo. The fare one way is P5.70; one goes out by day and returns by night. But the better trip is by motor to Dinalupihan, the trail over the moun­ tains, motor from Gordon’s place into Olongapo, and the night boat back to Manila. Starting betimes from Manila, say at 4 a. m., this trip can easily be taken any Sunday. It should be taken, too. Olongapo is a bigger part of America in the Philippines than is commonly realized. "I think,” I said, "we can get that shoe of yours fixed at this hacienda. We certainly can Sturdy Negrito Boys Met on the Mountain Trail if the padres are like all the rest I’ve met in the islands.” So we broke trail and climbed the hill, to the Encourage Jlbilitg ■—The smooth, quick flow of words from the key­ board of an easy-writing Royal Typewriter is fa girl’s own incentive ■Wiie CAMERA SUPPLY CO. 110 ESCOLTA TEL. 2-21-98 COLUMBIA PHONOGRAPHS VIVA - TONAL Electrical Process Records Floor, Table and Portable Models To suit every one’s taste . EASY PAYMENTS BECK’S 89-91 Escolta Manila, P. I. plantation house. Father Peter, the superior, smilingly responded to our hail. We explained about the brogan’s trail habits. “Oh, yes; Brother Gabriel, our shoemaker, is out there in the shop now. He can fix it, I’m sure.” Brother Gabriel did fix it. Leaving our thanks with him and Father Peter, we descended to the trail and sought our men; the shadows of ample foliage along the brook the trail followed IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 8 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 were lengthening toward the east; four hours of rough mountain trail lay ahead of us; we were hopelessly belated, and the brogan was pushing up more brass brads. In this predicament, we met Father Franz, he who supervises the plantation work. After consultation with him and his extension of the hospitality which had already been proffered us by Father Peter, we trudged up the hill again and prepared to spend the night with the fathers and take matters sensibly. As soon as we reappeared on the hill, Brother Gabriel commandeered the offending brogan and gave it such a cobbling as should last it through a long life of half-soles. On the remainder of the trip it kept its brads to itself. We had had tea with Father Peter, while Brother Gabriel probed for brads the first time. Now we were made acquainted with the whole community of these competent Benedictine monks, from Germany, who during the past four years bave converted 216 hectares of jungle into cane-bearing fields and made their contribu­ tion, not a mean one, to the sugar industry of Luzon. There are in this community, Father Peter the superior, Father Franz the superin­ tendent, a lay brother who helps Father Franz, another lay brother who is the cook, another who is the gardener, another who is the black­ smith, and Brother Gabriel, the shoemaker­ tailor. Not all speak English fluently, but all are learning. Father Franz speaks it well, from his association with the British in German East Africa during the World War. Father Peter and Father Franz are of course both studying Spanish and Tagalog, too. Father Peter wishes soon to deliver chapel sermons in the vernacular to the people who come up the hill on Sundays for worship. The chapel looks toward the east and occupies a set-off part of the lower story of the plantation house. Properly speaking, and modest as it is, this house is a monastery; a strict one too, with no hired servants about. Father Peter took us into the chapel. Rude of course it is, but the taste evident in its design indicates the reverential purpose of its builders. The ceiling is low, the altar extremely simple: for here is but the in­ ception of a new shrine to the sworn faith. But two illuminated windows, small though they be, flank the altar; and in the one is the inspiring figure of St. Scholastica, in the other that of St. Benedict. So it was, inquiringly, the rounds of the place were made under Father Peter’s guidance. The wind-up was a chat, about language study and Benedictine history, in Father Peter’s room. Soon the vesper service began. The melody of strong men’s voices rose to us from the chapel directly below: the voices of work-weary farmers, thanking God at the end of the day. Hymns were sung in German, Latin litanies were chanted. At last there was quiet prayer, apparently, then the closing of the chapel door. “We shall have supper now,” said Father Peter, as he got into his monk’s habit. “Our vespers are at six, we sup at half past, and after supper we chat here on the veranda until eight, when we have the evening services and retire. Farmers retire early. They must be up early.” The lamp was turned out, the lantern lit. Following Father Peter and the lantern, we joined the others in the refectory. At the long bare table, our places were ready. Each habited monk and lay brother stood in solemn welcome back of his particular chair: white surplices author­ ized for the tropics (instead of Benedictine black) and red baldrics. In the soft light the effect was impressive. Clean-shaven faces, chiselled with the tools of discipline, were like effigies on bas-relief pieces preserved from medieval times. Father Peter’s and Father Franz’s faces, which have never known the scrape of a razor, were those of patriarchs on Sundayschool cards. Thanksgiving in recital and chant was voiced in Latin, and a similar ceremony ended the meal. But during the meal, frugal and wholesome, desultory remarks and comment wended about the table in an unworried and pleasant atmosphere of camaraderie. The hour passed quickly, and presently, in the wake of Father Peter and his lantern, visitors, monks and brothers were enjoying a healthful postprandial relaxation for half an hour in wicker BEAUTIFUL TH INCH IN MANILA There are beautiful things in Manila— Over weathered archways, Windows, doorways, ledges, Trellises and copings, Even heaps of rubbish, Blossoming cadena, Cadena de amor. There are beautiful things in Manila— A little ragamuffin Who all day long hawks papers At Plaza de Goiti: Alert as a suckling doc, Beauty in her brilliant eyes, In her lissom body, In her deer-fleet limbs, In her smile, her laughter, Witnessing her happy soul— Making one think always How the forest foliage Richer grows and verdant Where one’s sure of finding Welling springs and constant Freshness of cool waters. There are beautiful things in Manila— All the moods of nature, All the changing seasons, Even transient periods Of every trooping day; Every dawn and evening, Every drowsing noontime. There are beautiful things in Manila— One, the rustled curtains Of rain; of rains a-sweeping As the monsoon moves them; Foids of rain descending As gusts of storm impel them, With street lamps gleaming through Where the curtains are the sheerest, Where silvery humid hangings Hold the darker drapes together. There are beautiful things in Manila— Fragrant orchids blooming In arbors and rude gardens Round huts of peasant families: And cannas making radiant Vacant lots and swampy places. There are beautiful things in Manila— Back of ugly portals. Mellow light: a tranquil Atmosphere of quiet, Repose and real comfort, In houses big and little, Pretentious homes and humble. Of the beautiful things in Manila I’ve named a few; There are beautiful things in Manila— Among them, you. chairs on the veranda. There was but the feeblest light; but more would have been too much, a discordant aspect of an otherwise perfect evening scene in the midst of pastoral quietude. At eight promptly, our hosts bade us goodnight and adieu, as they should not be up as early in the morning (a Sunday morning, day of rest) as we would wish to start; and then they repaired to the chapel for the evening services. More chanting, more responses and hymns. Then a turning out of lights, a snuffing out of candles, and, with only the altar taper glowing and the moonlight through the lattices, bulky white figures kneeling in prolonged silent prayer. We observed it all from the veranda fronting our rooms; we were moved and humbled by the faith of it. Presently the figures were in motion again; the chapel was darkened completely and closed, and each man sought his simply-furnished couch. The lives of these monks are devoted, gentle and laborious; the monks are teaching the people of their neighborhood better ways of wresting nourishment from the fertile breasts of Ceres, and more effective ways of relying upon Providence; for, in the brief span of four years, they have not contrived to convert the most stubborn jungle into immense fields of flourishing cane save only by the application of the most intelligent energy and utilization of mechanical power and tools. They rent from the Mitre, the canon being based upon fifteen tons of cane per hectare. Father Franz estimates a crop of seventy tons per hectare this season, and in this prosperity the tenants share. Day labor has good employ­ ment at good wages. Meantime the monks look forward to a distant day, when they shall have their cepital investment back. Their pleasure, seemingly, is in bucking a hard game. It had been a sight never to be forgotten to behold the sun setting over the valleys of green fields, and the plowed ones ready, or being made ready, to be replanted. Before the light quite failed, there was a clear view across the Pampanga valley to Mount Arayat; excepting in this direction, that of civilization, the fields were bordered by primeval forest; when darkness came, away in the distance the lights of a pre­ tentious provincial capital, San Fernando, broke the shadows of a wide horizon. The tranquillity of the scene is scarcely to be described. It was all-pervasive now, at about the hour of nine—that hour when the last show­ ings at picture shows open in Manila, when many folk of the city have not begun to dine. Deep regular breathing attested the rest the monks were getting. The faint murmuring of the brook at the base of the hill could be heard. These only were the sounds, as a pale new moon sank westward. The pleiads rose through the mellow shade, as Tennyson says he and a girl friend often saw them rise at Locksley Hall; and the one of these seven godly sisters who had loved the earth so much as to seek the com­ panionship of one of its sons, was hiding her face as usual—the others twinkling in virtuous brilliance. They will never cease taunting their suscept­ ible sister, who would, were it a celestial custom, no doubt long ago have taken the veil. Further to the left the Sailor’s Friend was gleaming; and upward to the right, Venus shone. What.a red and wicked star she seemed! Yet we had all been admiring her, and she easily dominated the heavens. Orion, “the star of the unconquered will,” rose “serene, and resolute, and still, and calm, and self-possessed,”—and why not, pray, with his jeweled hunting belt around him and the propensities of youth long mastered?—just as Longfellow says he rises. Of course this was all visible in Manila, too; the stars were impartial about it; but it lacked in Manila that setting of bucolic endeavor and contentment it had as it shone that night over the Hacienda San Benito. It is in the country that one heeds the stars. And what a place in the country this was! The fecund valley, dappled with green hills and bordered with the forest, the broad road from town dwindling into the meandering trail following the brook up into the timbered green mountains! Behold thou art fair, my beloved, yea, pleasant: Also our couch is green. . . How beautiful are thy feet in sandals, O prince’s daughter! December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 9 So sang Solomon, personifying the adoration of Omnipotence. He who wrote the Song of Songs drew upon rural beauty for his purest imagery. No sacrifice of the perfection of the King’s poem need have been entailed if the waysides which enchanted him had been but those abounding in these islands: such as surely will not have been shamed by the landscapes of Jerusalem. Inevitably a spell of meditation seized upon us there on the monks’ veranda. Our conclusion was that time will take care of the Philippines, and that the haste of transplanted empirical notions may after all do them little good. The situation is one for men to struggle with, when and as they care to, and for laws to let alone. “Respect,” adjured McKinley, “even the prejudices.” He addressed the government he was establishing. Next morning at five, when we were ready to start, hot coffee and three-minute eggs waited us. The brother who presides over the kitchen served them graciously and waved us on our way. Who makes this trip, should not fail of visiting Gilmore Wants More Schools Like Munoz Hacienda San Benito and its hospitable monks. The thing to do would be to start from Manila in time to reach Dinalupihan about 9 o’clock and the hacienda about ten, and, after lunch, to tramp across the mountains to Santa Rita during the afternoon—reaching Gordon’s Chicken Farm in ample time for a wash-up and early supper and an evening ride into Olongapo. J. J. Gordon is an oldtimer and a competent host. After lunch we motored to Olongapo, spent Sunday afternoon and evening there, until it was time to go aboard the ss Masbate, which sailed for Manila at 10 p. m. and, affording a refreshing night’s sleep in clean cots on the upper deck, landed us back in town at 6:30 o’clock Monday. Pan had piped down per­ ceptibly. We were both ready for breakfast and resumption of business as usual. Manila's Carnival and Industrial Fair: January 26 to February 10 POSTAL BANK STANDING The balance of the Postal Savings Bank deposits on December 31, 1927, as well as the deposits and withdrawals made in the said bank during the period from January 1 to Sep­ tember 30, 1928, are as follows: Balance on December 31, 1927.............. P 6,849,166.59 Deposits from January 1 to September 30, 1928..................................................... 4,592,259.24 Total.......................................... Pll.441,425.83 Withdrawals from January 1 to Sep­ tember 30, 1928...................................... 4,004,861.92 Balance..................................... P 7,436,563.91 Balance furnished to the “Manila Times” by the Insular Auditor.......... 5,447,742.81 Difference..................................... P 1,988,821.10 It is clear from the above figures that the de­ posits in the Postal Savings Bank from January 1 to September 30, 1928, had an increase of P587.397.32. Vice Governor and Mrs. Eugene A. Gilmore are back in the islands after a summer in the United States where Governor Gilmore reports he suffered from the heat and found woolen clothing too warm and the light clothing used in the Philippines too expensive. In other words, there’s a comfortable mode of living in the Philippines which Governor Gilmore enjoys; he is glad to be back from the job of selecting educational specialists to do something about the school system here and possibly prune out its thicket of academic branches in the hope of getting better fruits. Governor Gilmore thinks he has picked good men, but only experience of them can confirm his judgment. He has been visiting Munoz again and is more imbued than ever with the idea of getting more such secondary schools established in the islands. At Munoz a student can farm a tract of land, pay his school expenses from the pro­ ceeds of the crops he grows, and graduate with a stake in the Postal savings bank sometimes amounting to 1*300 to P700. The problem remains of getting him off the reservation and onto a homestead of his own. But he has learned to farm and acquired no little knowledge of the science of the game, together with what he can retain of the ordinary book learning. He ought to be a winner as a citizen, if schooling makes to that end. A note appended to some data on Munoz says: “Some students earn barely sufficient money to pay for their subsistence and other expenses at the school. Other more enterprising students earn considerably more, in some cases as much as P300 to P400 per annum. The total earnings of the members of the latest graduating class of the school amounted to more than P7.000.” When the reservation was made in 1907, it seemed huge. But it is only 657 hectares and is now altogether too small. Various crops are grown, including some 18 hectares of sugar cane demonstrating the region as a potential field for this expanding industry. But the principal crop is rice, grown on 300 hectares. The school has a brand new thresher this year, paid for out of funds. The average yield of palay (rice in the hull) is 80 cavans per hectare, against an average of 60 cavans on adjacent lands and an average of 27 cavans over the whole archipelago. Are employers of farm bosses looking to Munoz for men? No project involving public taxes will be watched more closely than the proposed reform of secondary education by establishing more agricultural vocational schools. It was while Governor Gilmore was the islands' acting chief executive that the authority of the public utility commission to fix rates and routes for interisland steamers was suppressed by the legislature, Governor Gilmore signing the bill which is now resulting in the Dollar company’s planning to get into the business with some handsome new ships especially built for it. Local companies have acquired some better ships; interisland traffic is improving. Having put this over, together with the Iloilo and Cebu port projects, with the aid of the legislature, with the same aid the vice governor must tackle public education—a longer and more exacting piece of work. A CHINO RESTAURANT Flush it stands with the grimy street, Its wide doors open on all sides,— All but the back, where a twisted i Stairivay winds dustily aloft,— i And these doors open early i And are closed and barred quite late, i All men knowing that here is food and drink i Through the long hours of a tropic day, Through the short dawn and briefer twilight too. Little is too spoiled to use, ' Stale beef and moldy bread, and stuff From rusty tins with ptomaines in their lifted lids, And-rancid hams, and pork too long unsold; But all bought cheap in the market, And hence sold cheap—to craftsmen, Porters, chauffeurs, clerks, newsboys, Idlers: all Manila’s penny-buying folk.— Sold to such trade it is, for cash: Quick-lunch and curse-taking in exchange for cash. Jola, Macao! Make haste, that sandwich! My change, Macao! Macao! Damn it, my change—mi cambio! Tubig—water! Cha—tea! Baboy ka—you swine! Madali ka sana! Get a move on there, you! So it goes all day long; and the Cantonese Boys, helping their father, serve and make change And cook, and wash dishes, and are as stoical Toward all the insults as their father’s example teaches them. I In the midst of the vulgar commotion, Sometimes, from the women’s quarters above The crazy, creaking stairway, . j Come the high notes of a Chinese flute; Sometimes but for a moment, sometimes ; For long minutes together, l Those exquisite tones! They speak of Age at ease behind Stout garden walls of mortared brick, ] The exile and the struggle over, and pleasure |. In the yamen; with elderly progeny From a withered wife, and others from I More tender concubines—the world walled off i And only comfort, peace and quiet walled within: Tubig! Baboy! You naked beast!— All this . . . and then those treble notes! I How’s business, John? How goes the world with you? Oh, velly good, thank you! Manila velly good place! 10 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 ENDORSED Don Pedro Aunario, the brilliant editorial writer of La Vanguardia, has come forward with the proposition that in the field of contracts for the execution of public works opportunities should be limited to American and Filipino bidders. This proposition we endorse. Don Pedro is not an intolerant man; neither, we trust, are we. What he utters, and what we endorse, is the proposition that among the privileges of foreigners Such opportunities are not fairly to be listed. The present practice is anomalous. But we may ask at the same time, Even if the rule suggested were laid down, how long would it be before it should be scandalously evaded? What end, therefore, would it serve, if any? Perhaps after all the only practical effect would be the broadening and enriching of the field for squeeze; and more—of downright crime. Therefore our refuge in this matter is that haven so often sought by the government in all its departments: we endorse Don Pedro’s honestly stated proposition in principle. We await, how­ ever, a time when the moral force of the country is such as to make such propositions worth while. As the influences of education are the means to such an end (all the influences of education, formal and informal), we not only do not know when the goal will be reached, but are not sure that the country is advancing toward it. The country, to put it plainly, is policed out of all conscience. As yet the means have not been found to circumvent the power of the law which rascals are always able to invoke in their defense and the extenuation of their misdemeanors. Moral force does exist. It even, we think, still predominates. But man! try to bring it to bear! THE DAYS OF FORTY-NINE From the list published elsewhere in this issue, it seems that the legis­ lature approved forty-nine bills during the season’s 100-day session, and that eighteen of these either appropriate money out of the treasury or involve its expenditure. The administration of Manila continues to be loosely expensive: theaters and other specified lines of business are made the sources of new revenue from the public, while no one seems to think of having recourse to city management as an obvious economy. In ad­ dition, the city is authorized to plaster urban property with a bond issue of P10,000,000. So the game goes on. So it will go on until folly is bank­ rupt and unable to pay the fiddler. We suggest city management. And the tax bill may well be disapproved. But how about the other treasury extractions? The discretionary fund for the governor, P250.000 a year, is already being disbursed; every man can see, at least a little, of how it is working. A revolving fund of P5,000,000 for bridges is all right; so is P500.000 in a revolving fund for private surveyors. The aid proposed for homesteaders is necessary, as a recent article in this review demonstrated. There is no reasonable objection to using P20.000 for valuable additions to the Filipiniana of the library;.some day soon we shall let the public know just how valuable this library is, which should attract to Manila research students from all over the world. Dividing up the library satisfied contending ambitions; let us hope that both aspirants continue competing in excellence and render the public the service it deserves. To pay the expenses of indigent witnesses in criminal cases is a simple act of justice. Ten more judges handling land cases exclusively ought to get somewhere with the lagging cadastral work. It may also t>e all right to use P80,000 in rebuilding the Batangas school of arts and trades; but Batangas needs a farm school more, to revive her coffee industry. The job at Pl2,000 a year as trade commissioner in the United States is for Major General Frank McIntyre when, on January 5, he retires as chief of the insular bureau. Maybe Porto Rico is doing something similar, which will make the total compensation more than $500 a month. Any­ way, General McIntyre told us only details remained to bo threshed out, when he was returning to Washington from Manila, and he is a man familiar with how Congress works and who works it—no man more so. The appropriations are in a separate act and will be about as usual— that is, about the limit—the schools taking the lion’s share. Then there’s a million for four new coastguards, which are needed, and a cableship in lieu of the inadequate Bustamante, which will be sold. As legislatures work, this is not a scandalous expenditure of taxes. Considerable needed legislation goes over without action, at least until the proposed special session, when, it is said, the solonic attitude will be constructive and preoccupied with measures to exploit the resources of Mindanao. There can be no quarrel with a program of that kind. CHARITY FOR ALL If the national Red Cross wishes to allot a moderate sum to the Philip­ pines chapter, some of which may be devoted to relief work among suf­ ferers from the November typhoon, that is, we suppose, unobjectionable. But it would be objectionable to take aid from America on the government’s account; and we even contend that our Red Cross should be self-supporting. America is always ready to give; that does not make it right to take. The storm, destructive as it was, perhaps entailed no real hardships other than the most temporary ones. The havoc is not comparable to that of mid-West cyclones or West Indian hurricanes. A year or so ago, New Hampshire suffered such damage from storm as is not experienced by these islands in a generation. Aid was proffered at once, the country being appalled by what had happened to the Granite State. But New Hampshire, through her governor, refused to accept this aid; she announced she would rehabilitate herself. That is the way we should do in the Philippines. All the hardships of the visitation were taken by the people in the most fatalistic manner, and it is very questionable whether this attitude is not best. The one thing to guard against is epidemics; the business of cleaning up will afford work for all who need it, and the free materials of the forest are available for repairs and rebuilding of houses. Only the crops least damageable permanently were damaged at all; much hemp and copra will be saved by timely curing, and only next year and possibly the next following will the real effects on crops be felt. They will then largely be offset by new growth. The remarkable thing, deservedly to be bruited in the public prints, is the economic resiliency of the islands. BUCEPHALIC Governments take public taxes to maintain agricultural departments to promote agriculture, which embraces grazing. It’s the grazing industry that’s to the fore right now, being threatened with another ex­ tension of that contract giving an importer the privilege of supplying 40% of Manila’s beef market with cattle from Australia. It seems our agri­ cultural department favors the foreigner, and we contend it’s off its base and out of its bailiwick. It’s business is to promote grazing, and cancel­ lation of this contract will do it. The department has no legitimate concern with the price of beef in Manila ; it should indeed rejoice were the price much higher than it is or is likely to be, for that would be promoting the grazing industry. Drovers are angry at the department, they have just cause to be. There’s talent there, but it’s taffy talent. Does it favor holding sugar at the present level, or at any level? Where’s its logic? Suppose the U. S. department embargoed Argentine beef, and Washington asked a modification so as to stabilize the price to her army of clerks, and the department favored the recommendation? Shades of Curtis! KRIS KRINGLE Every growing thing as green as young corn, skies like late summer skies at home, the weather that of early autumn—can Christmas be ap­ proaching? Yes, it is, and not everyone fortunate enough to enjoy it as everyone should like to do. The Christian religion, like other religions, is greater than many of its practitioners, who sometimes bemean it. It is certainly great in the place it allots to charity, that best of goddesses, and the place it allots to children. We wish all a merry Christmas, a happy and prosperous New Year. And Christmas will be merry, digestion good, if those who have are properly thoughtful of those who have not. What is having, after all, unless there’s sharing of it? Not lavishly, only con­ siderately, in good Kris Kringle style. Merry Christmas—pagan in origin, Christian in repute. IN SESSION EXTRAORDINARY If the legislature meet in special session, let it be hoped that it come down out of the clouds and tackle immediate things. There is but one paramount problem, the shifting of families from Ilokos, Cebu, Bohol and possibly some other provinces now overcrowded into Mindanao. Hawaii likes Filipinos but has too many of them. California has 70,000 and seems not to like the prospect of getting many more. Motives are racial, re­ ligious, etc., the most stubborn and unreasonable of all motives. And California ought not to be opposed, which would only get her back up the higher, but understood, which will make her more friendly and possibly enlist her aid in the real interests of the islands in relation to America, which are economic. Her feeling about strange peoples getting into her citizenship or living on her lands indefinitely as foreigners or quasi-foreigners is manifest right here, by Filipinos themselves, toward other peoples; and it gets into the laws here too. It is in some of the new legislation. If people will think you can reason with them; if they only feel they are quite beyond reason. Filipinos feel about Davao, they feel too about illicit immigration. It’s the same in California and it’s time to remove the irritation. Very fortunately we have places right here in the islands to put surplus manhood for generations to come. The cause of California’s ill feeling can be removed—to the islands’ bounden advantage. It should be removed at once. Deceml. ,z, 928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 11 Fc,PTypest Manila Newspapers November Editorials and distrust The lir'A< ^demarcation between dangerous monopolytj^W sound centralization is difficult of definitj'^-" What i:jzrestraint of trade? This is not easily answered. Competition is absolutely imperative in commercial development. Yet there are instances in which competition is suicidal. For instance: Interisland shipping has suf­ fered from lack of fair and open competition. Yet no practical business man could advocate the building of a rail line paralleling the Manila Railroad lines. The true consideration is the matter of serving public interests. The field is too small, the volume of business so limited, and therefore two rail lines would not be economically sound. Hence a monopoly to the one line. The same applies in many cases. Therefore it is necessary to proceed cautiously with legis­ lation of this class. The wave of interest in anti-trust legislation comes at this time as a back-wash to the revision of the corporation laws. To many persons revision means liberalization and liberalization means danger. There was a wealth of common sense in what Sen­ ate President Manuel Quezon said recently when he declared that there are no mighty capitalists waiting just beyond Corregidor to swoop down upon the Islands when the laws are liberalized. Likewise there is common sense in his advocacy of steps to safeguard public interests against trusts. The move to modernize the corporation laws is explained by a sincere desire to stimulate legitimate and healthy development of the country. This means inviting capital. That in turn calls for assurance that the invitation is issued only to the capital having no ulterior motives. Some persons fear strength, fear capital be­ cause it is strength. However, there is honest capital. Honest capital cam be had in the Philippines. It is needed, urgently needed. Its coming depends in no small measure upon giving it protection against dishonest capital. For this reason sound legislation against those monopolies which mean restraint of trade, those monopolies which work against the public’s best interests, is essential to the program of economic development. A practical anti-trust law is a vital part of the program concerned in the corporation law revi­ sion. But to serve any good purpose the law must be practical. The whole thing comes back to the matter of giving capital a square deal in order to invite legitimate development and at the same time giving the public a square deal to prevent abuses in investments.—Bulletin, November 6. .■ CREATE MINDANAO OFFICE S-l pre<-edented interest in Mindanao is quite manifest. Both the Executive and the Legisla­ ture are taking the initiative in making a tho­ rough investigation of that Island. In the last session of the Legislature a resolution creating a legislative committee to be composed of a number of Senators and Representatives to make an economic survey of Mindanao was passed. The Executive has formed his own committee composed of department secretaries to study and to report to him on its findings re­ garding Mindanao. The Governor General himself, .accompanied by some assistants, is leaving today on a trip to the south to make his own investigations of the Island. There is only one motive behind these sep­ arate expeditions to the south—to gather facts which will be used for the drafting of a piece of legislation that will facilitate the rapid economic development of Mindanao. And it is well that both the Legislature and the Executive should make separate investigations of the place. Min­ danao is so vast and its problems are so varied that it will take the combined genius of the Ex­ ecutive and the Legislature to strike the very idea around which will be built a comprehensive and practical program of development. Heretofore the solution of Mindanao problems has been entrusted to the Bureau of Non-Christian Tribes, the Bureau of Education, the Bureau of Labor, the Bureau of Lands, the Bureau of Forestry and the Constabulary, with the Ex­ ecutive as overseer and the Legislature as a spec­ tator. Nobody took special interest in the Is­ land as a whole but the keen outsider who knew its great economic possibilities and who settled there to take advantage of the government’s apathy toward such a rich land. The government offices minded only their respective shares of the responsibility in running Mindanao affairs. There was no special effort to treat the whole Island as a problem necessitat­ ing coordinated management and policy. No­ body in the government or no office specialized in Mindanao problems so that they could be solved intelligently and permanently. Such was the official neglect that it has been allowed to drift farther and farther from the rest of the archipelago. And it has now become so remote from the other Philippine islands psychologically, at least, that the authorities are trying to make up for their past errors by making it more acces­ sible to the people. Centralization of all Mindanao activities under one intelligent management, we believe, EDITORIALS OF THE MONTH Bulletin, November 6: Trust and Distrust—Selected by Mr. Jesus Va­ lenzuela. Herald, November 13: Create Min­ danao Office—Selected by Professor Vicente M. Hilario. Tribune, November 11: “Planting Banana Leaves”—Selected by Pro­ fessor Verne Dyson. Times, November 18: Champagne Appetites—Selected by Professor Cristino Jamias. Note:—Now and hereafter the Com­ mittee will merely select the best edito­ rial of the month from each paper, and will not attempt to choose the best of the four. —G. P. Shannon. is the first requisite of the new system of develop­ ment. All -such activities should be entrusted to a Mindanao Office to be run by an able executive who is thoroughly conversant with the needs of the Island. All projects on agriculture colonization, public works, sanitation, public instruction relating to Mindanao should be referred to the Mindanao Office. In fact all such projects should originate from it. But if the Mindanao Office is to attain any degree of success it must be removed from pol­ itics. Above all it must be headed by a recog­ nized executive, one who should be liberally com­ pensated for his work. And his office should be granted a reasonable amount of working fund with which to carry out the constructive pro­ gram for Mindanao. We can enumerate the details of the proposed Mindanao Office. But it will be a tiresome read­ ing. Suffice it to say that with such an agency for Mindanao development, properly equipped and intelligently managed, this Island to the south will in a short time become a fruitful valley. It will be the realization of the pioneer’s dream. “Mindanao Redenta” should be the slogan of the Mindanao Office.—Herald, November 13. PLANTING BANANA LEAVES The preoccupation of those who oppose theapproved amendments to the cooperation law is manifestly a defense of an impractical nationalism. The latest lyrical outcry is an apology for the small farmer. He is placed on the political boards with all the trappings of a heroic figure. He is the progenitor of every great Filipino, the great Filipino in the arts, in agriculture, in indus­ try, the great Filipino in war and the great Filipino in peace. His heart was the heart of every revolu­ tion against alien authority. Today he is the cornerstone of what the nation is and what it is worth. Hence, it is naively concluded, he is the only basis of a strong Filipino nationality. We can admit all this poetry as facts, yet they will be facts beside the question. The issue is not that the small farmer has not been such a basis. The issue is what kind of basis he is proving to be today. That is the only pertinent issue, and we submit that it is wholly of economic persuasion. No eloquent praise of the Filipino small farmer can change the elements of his status as an economic unit. In the round, he is not the inde­ pendent farmer in the sense that security goes with his calling, that he is free from upsets in the market and dislocations in the demand for his crop. He is too much at the mercy of others to grant him the distinction that he is his own master. From his likes a great Filipino poet may have come. That, of course, is irrelevant. As the legal pundits say, it is immaterial, because it does not take away the loan sharks from the picture of his daily life. . . . Those who talk endlessly of the future political security of these Islands endangered by the policy to hasten the economic development of the country, show that they are for independence but that they eschew its responsibilities. They aspire to freedom, but not to a lasting freedom. The bald statement must be made that a na­ tional sovereignty that have not the means to defend itself will be a transient political acquisi­ tion of the people. Upon the basis of the present income of the insular government, these Islands are far from having the wealth that can support a navy and an army of moderate size. Yet the small farmer who has so much need of help would be made the basis of a strong and independent Filipino nationality. He would be left to work out the salvation of the country when, as shown by his requests for state aid and relief, he cannot work out his own salvation. His earning capa­ city would be made the security for a loan of over twenty million dollars! Resolutely the Filipino people, as did the insu­ lar legislature in passing the amendments to the corporation law, must face the problems of their material welfare and dare their risks to institute among themselves the economic practices that do away with waste, that consolidate resources to increase the margin of profits, that adopt methods of marketing equitable to the producers, that improve the quality of the output of key industries that they may keep their place in the competitive world market, that recognize capital as an endowment which must not be blindly fought but welcome under proper restrictions. Filipino nationalism will never find itself in perpetual control of its destiny if it envisions as the source of its power, which is saying the source of its life, the lyric interpretation of the days that were. It must construct a free govern­ ment on the wedlock of unimpaired ideals ajid a revenue-producing material civilization. —Tribune, November 11. CHAMPAGNE APPETITES The peace and quiet of the offices in the legis­ lature and of several government offices were disturbed last week when the higher authorities intervened to curb the activities of alleged usurers and at the same time make the indebted employes pay their just and legitimate debts. A number of commercial firms in Manila were likewise reported to have complained to certain department secret­ aries against government functionaries and em­ ployes in general who neglect or refuse to pay their accounts long overdue. Besides small employes, a provincial governor, a provincial treasurer and one or two more high officials are shown, like Prometheus, chained to the rock of debt. Apart from the elementary principle that a debt is a debt and should be paid, there is a civil rule that a public servant is liable to suspen­ sion or dismissal for non-payment of legitimate debts. But this is not the point we want to emphasize. What we want to bring out is the tendency of persons to live beyond their means. Really, the temptation is great when one is given to signing chits or vales. It is easy to sign but when one hasn’t the means, it is difficult to pay. And nowhere is this quite true as among small salaried men. Especially if their salaries for so many months have been mortgaged. All this shows the importance of self-control, of the proper use of the power of inhibition. What happens is that in this modern age when human needs increase daily and the earning power re­ mains at a standstill, the buying power of a good many persons is overestimated with the result that credit becomes loose. Then the installment plan has tended to create champagne appetites, thereby increasing the tribe of debtors. Not that the installment plan is bad but the facilities offered appear within so easy reach that a buyer more of­ ten than not grabs at the opportunity to secure a nice possession before he has thought whether he could meet his obligations when they mature. 12 THE AMERICAN CHAMBER OF COMMERCE JOURNAL E .er, 1928 The Legislative Grist in Full Following are the bills approved by the season’s session of the legislature, as prepared for the Free Press by Jorge B. Vargas, under-secretary of agriculture and liaison functionary between the executive and the legislature: S.B. 19.—The “Belo act" appropriating P250,000 for payment of assistants to the governor general. S.B. 167.—The Corporation law amendments. H.B. 827.—Provides for appointment of 10 new judges. Their duties will consist primarily of cadastral and land registration cases. This will tend to relieve the great congestion of land cases in the courts, and assist thousands of owners to secure a title without years of delay. H.B. 848.—Amendments to the public land law to aid the homesteader in securing his title more easily. Among the provisions are: that he need plant only J4 of his homestead; that he can borrow money from the government before his final title is granted. Another provision makes it a criminal offense to apply for public land illegally through a dummy. S.B. 158.—Permits the Mackay Radio and Telegraph company to establish and operate radio service in the Philippines and between the Philippines and outside countries. H.B. 1390.—Granting a radio franchise to the Robert Dollar company. S.B. 3.—Limits the operation of public utilities to Americans and Filipinos. This includes electric light and power plants which are selling to the public; automobiles for hire (except garages) and auto truck lines, and other business of a public nature which fall under the scope of the public utilities commissioner. As such a law cannot be retroactive, foreigners already possessing licenses can continue to operate. S.B. 16.—Authorizes the director of public works to plan future expansion of municipalities, and forbidding such plans to be changed without permission of the public works bureau. S.B. 27.—Extends payments due the govern­ ment from beneficiaries of the irrigation projects a much larger period of time, with interest at 4% instead of 6%. Considerable difficulty has been found in keeping the payments up to dat*> under the shorter term of reimbursement. S.B. 48.—Provides that the provincial gover­ nor must designate an elective member of the provincial board to take his place when absent from the province. Under the present law the governor is given full discretion in this regard. S.B. 53.—Changing the name of Aceyteros street, Manila, to Marcelino de Santos. This, and the bill originating in the house changing the Philippine Trust Company COMMERCIAL AND SAVINGS BANK Offers every Banking and Trust convenience. Genuinely conservative Banking is our aim, and we emphasize the Business-Building Service we extend to our Depositors. Frequently we are able to put our customers in possession of facts that bring them profit or save them loss. 4^2% per Annum on Savings Accounts Interest on Fixed Deposits upon Request We would be glad to meet you personally and talk over your banking requirements. Trustees Guardians Registrars We serve as: Financial Agents Executors Administrators Depository for Securities Transfer Agents Receivers Attorneys-ln-fact Rendering a specialized service in the management and settlement of estates, etc. name of certain streets in Tacloban, Leyte, are the only examples of such changes made in the recent session. All changes of street names in the Philippines must be approved by the legislature. This was found necessary when some fifteen years ago a Manila municipal board changed and rechanged the names of important Manila streets. S.B. 62.—Limits granting of timber conces­ sions to Americans and Filipinos, but permits reciprocity with those countries that permit Filipinos to operate concessions. Thus if China We Have The Largest and Most Complete Stock of Drygoods in the Philippines If you need silks, linens, cottons, or notions you can serve yourself best by choosing from our large stocks We also carry haberdashery, and make men’s suits and shirts Manuel Pellicer y Co., Inc. 44 Escolta, Manila Phone 2-11-06 allow Filipinos to operate there, we shall return the courtesy in the islands. Foreigners at present holding concessions are not affected by this bill. S.B. 65.—Permits an illiterate voter to ask a candidate to mark the election ballot. The present law excludes the candidate from those who are permitted to prepare ballots for voters who cannot read and write. S.B. 75.—Appropriates P20.000 for purchas­ ing Philippine manuscripts, documents and other papers from the libraries of the late Eduardo de Wm. T. Nolting, Pres. Monte de Piedad Building Plaza Goiti—Manila P. O. Box 150 Tel. 2-12-55 Lete, companion of Rizal, a: a the collection of the late Epifanio de itos. S.B. 78.—Authorizes the gc ;nt to pay the expenses of indigent witr. n criminal and civil trials to which the >ment is a party. S.B. 100.—Appropriates P80,0v to rebuild the Batangas school of arts and trade.., destroyed by fire. The new buildings will be nt med after the late Judge Pablo Borbon. S.B. 106.—Appropriating P25,000,0 90 for erection of buildings on the proposed government center, opposite the Luneta. This developur-ent is in accordance with the Burnham plan. The money will be expended, if the governor general signs the bill and it becomes a law, at the rate of not more than P2,000,000 a year, as funds are available. S.B. 109.—Separating the Philippine library and museum into a National museum and a National library. The library will continue as heretofore under the department of justice; the museum will be administered by the department of agriculture and natural resources, under whose authority are the bureaus of science and of agri­ culture. S.B. 111.—Provides a revolving fund of P5,000,000 to build bridges. The bill also permits- - private contractors to erect bridges and < tolls for their use, for a period of 15 years -er the bridges are opened to the public. S.B. 129.—Permits vessels of Philippine registry to use a foreign crew, provided they arc not engaged in coastwise service. S.B. 130.—Authorizes the Philippine govern­ ment to accept certificates of inspection from United States and British organizations such as Lloyd’s, in lieu of extensive examination by the bureau of customs. S.B. 133.—Provides for a trade commissioner to represent Philippine interests in the United States. The P12.000 salary of the appointee is provided in the regular appropriation bill. S.B. 137.—Appropriates P24.000 to buy the house and lot in Calamba, Laguna, where Jose Rizal was born. S.B. 138.—Regulates private employment agencies; providing that they must be licensed and file a bond. A result of the emigration to Hawaii of many laborers who go without promise of employment and are in danger of being stranded when they reach Honolulu. S.B. 147.—Grants the Philippine Long Dis­ tance Telephone company a franchise to establish telephone lines between Manila and Baguio, Cebu and Iloilo, and other provincial centers. S.B. 153.—Permits granting of insular govern­ ment land near Cebu and Iloilo to the United States army, for aviation fields, in return for land of like value now owned by the military. S.B. 166.—Provides for provincial auditors IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 13 and pre-audit of accounts before the money can be spent. S.B. 175.—The deficiency bill. S.B. 179.—Decreasing the tax on coal lands so as to encourage mining of Philippine coal. H.B. 88.—To organize the island of Catanduanes as a separate province. H.B. 137.—Limits the time within which provincial treasurers must act on approval or veto of municipal budgets, and provides that they can approve or disapprove specific portions of the budget, instead of having to act on the ap­ propriation bill as a whole. H.B. 194.—Appropriates P10.000 for estab­ lishment of Rizal park in Dapitan, where the Filipino hero was exiled. H.B. 1184.—Grants a franchise to the Visayan Electric company in the town of Cebu and a number of other towns on the island, covering about one-half of the province. H.B. 1118.—Permits the city of Manila to borrow P10,000,000 for purposes of public improvement. H.B. 1213.—Appropriates Pl,000,000 for pur­ chase of four new coastguard vessels and light­ house tenders. H.B. 1214.—Provides for purchase of a cableship and sale of the vessel Bustamante. H.B. 1217.—Amendment to the tariff act, placing the duty on sugar and tobacco imported into the Philippines at the same rate as these products pay when imported into the United early part of this year. H.B. 1375.—Prohibiting the import of Port­ land cement that does not come up to govern­ ment specifications. H.B. 1393.—Increasing the revolving fund for payment to private cadastral surveyors from P100.000 to P500.000. —Permitting justices of the peace to employ clerks. Manila's Carnival and Industrial Fair: January 26 to February 10 Peoples Bank and Trust Company Manila, P. I. Branch at San Pablo Capital, Surplus and Reserves Pl,027,833.89 Acts as Trustee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of reorganization. Acts as Executor, Administrator, Guardian, Trustee, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. Securities Held on Deposit for Out-of-town Corporations and Persons We Pay 4)^% Per Annum on Savings Accounts 5% Per Annum on Fixed Deposits DIRECTORS Wm. J. Shaw, Chairman of Board . — - Julius S. Reese, Chairman, Executive Committee R. J. Fernandez, Vice-President Edwin Burke Emil M. Bachrach A. T. Simmie N. E. Mullen, President Fred A. Leas, Vice-President Carlos Palanca, Vice-President W. J. Odom Francisco Ortigas Ladislao Samson-, Asst. Treasurer Nicasio Osmefia, Asst. Secretary WELDING Fully Equip­ ped Oxy-Ace­ tylene Weld­ ing Shops OXYGEN Compressed Oxygen 99.5% pure HYDROGEN Compressed Hydrogen 99.8% pure ACETYLENE Dissolved Acetylene for all purposes BATTERIES Prest-O-Lite Electric Stor­ age Batteries H.B. 253.—Extending the limit for allowing use of Spanish as an official language in the courts from 1930 to 1940. H.B. 409.—Permits persons who wish to own firearms to put up a personal bond. At present P100 cash deposit or a surety bond of P200 is required. H.B. 523.—Amends the naturalization law so that wives and children of Filipinos will be Philippine citizens, providing the persons in ques­ tion are of a race eligible to United States citizenship. H.B. 611.—Appropriates P50.000 for seed farms, for the purpose of growing and distribut­ ing better kinds of staple seeds and plants, such as rice, com, abaca, coconut, etc. H.B. 614.—Owners of warehouses who accept palay or other grains for deposit must file a bond to cover their value. At present bodega owners have been suspected on occasion of burning their warehouses so that defalcations of grain held in trust could not be discovered. This measure will give the farmers protection. H.B. 571.—Provides for a committee to dispose of the funds left by Luis Palad for an agricultural school in Tayabas. The school has not been established to date because of a dispute of jurisdiction between the bureau of education and the province of Tayabas. H.B. 1047.—Greatly enlarging the power of the city of Manila to tax various businesses and professions. Theaters, fishponds and beauty parlors figure in the long list. Another impor­ tant provision is permission to the city to establish zones within which certain industries or businesses are prohibited and to establish other zones which can be used for residential purposes only. H.B. 1109.—Permits the teachers’ invest­ ment board to loan money on property up to 50% of its value instead of 30% and to loan money in municipalities neighboring Manila instead of in the capital only. H.B. 1150.—The appropriation law. States. Prevents commodities being imported into the islands and by subterfuge, re-exported to the United States and thus avoiding paying the proper duty. H.B. 1288.—Permits the town of Isabela. Occidental Negros, to give pensions to the chief of police and to the woman who were wounded while defending the town against Pulajanes the DUNXOP TIRES The 26 million Dunlops now running, are your guarantee that Dunlops will pay you on your car. Dunlop has climbed from These millions of motorists 89th Place to an undis' must be right. Puted Position among America’s leading tire­ manufacturers. The longer Dunlops have run, the more popular they have become. The ninth and greatest of all Dunlop plants was built at Buffalo, U. S. A., five years ago. Since then, First in 1888—Foremost Ever Since Let your next tires be Dunlop, and prove to yourself that Dunlop knows how to build maximum value into tires. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 14 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 Life Insurance A Business Asset Business insurance can be made to serve a wide variety of purposes. On the one hand it strengthens the capital resources during the lifetime of the Insured, while on the other hand it safeguards those selfsame resources, when death occurs. Very often business insurance proves the sheet anchor in a storm of adversity. As additional collateral it is very desirable in preserving and extending credit. No organ­ ization is too large and none too small to benefit from its many phases. Its practicality makes its possession valuable whether the business be a sole proprietorship, a partnership, a limited liability or incorporated company. Preparedness forestalls disaster. Many busi­ ness firms would to-day be much better situated financially had those responsible had sufficient foresight and courage to prepare for the inev­ itable. Your banker is vitally interested in the amount of business insurance you carry. It enhances your credit, as it is an indication of your foresight in providing for the future. Bankers regard business insurance so highly that it is one of the first questions asked a client when seeking credit on submitting a statement of present worth. Most of the world’s business to-day is carried on by credit. While collateral security is essen­ tial, there are numerous instances where loans are made on personal security—the promise of the borrower to pay. The late J. Pierpont Morgan, great American financier, once stated that he loaned on character. The honesty and ability of the borrower may be sufficient se­ curity, but for one contingency—the borrower may die. Here business insurance strengthens personal credit against death. The attitude of the leading mercantile agencies towards business insurance leaves no room for doubt as to its importance in preserving credit. In case of death of one of the important members of a firm, its full credit is continued where ade­ quate business insurance is carried. If there is no business insurance, the credit rating is sus­ pended until the firm’s affairs are adjusted, and it is known more clfiarly how seriously the death has effected its business. The importance of credit rating is too obvious to dwell upon. There are many concerns, if compelled to suffer only temporary suspension of credit, would be se­ riously embarrassed. Business insurance is a powerful factor in maintaining credit. In discussing an organization noticeably on the downgrade—perhaps in the hands of a re­ ceiver—how many times have you heard the following conversation? “Yes, they used to be about the biggest house in their line until Mr. The Insular Life Assurance Co., Ltd. MANILA, P. I. Low rates iberal conditions ocal investments oans on real estates repayable monthly instalments, at ow interest If a mindful man with a fixed salary dies, he will only leave a small saving to his family FOR ABOUT P31.00 ANNUALLY our company guarantees the payment of Fl,000 to your wife or sons in case of death, or to the insured himself if he survives the policy. Call or write for particulars to: HOME OFFICE C. S. SALMON 4th Floor, Filipinas Bldg. 3rd Floor, Gaches Bldg. Plaza Moraga, Manila, P. I. Escolta cor. T. Pinpin 115 P. O. Box 128 P. O. Box 734, Manila V. SINGSON ENCARNACION, President J. McMICKING, Manager So-and-So died. His associates, who were clever men, took the business over but somehow they couldn’t make it go. Their sales fell off, the bank tightened up and then suddenly they seemed to go to pieces. I was very much sur­ prised because they had a fine business.” The greatest asset of any business is its ex­ ecutives—the guiding heads whose keen brains frame the organization’s policies and carry them The West Coast Life Insurance Company offers a full line of modern life insurance contracts designed to meet every need of business or personal protection. For particulars and quotations consult the Philippine Branch Office West Coast Life Insurance Co. Kneedler Building Manila, P. I. Telephone 2-36-74 out to successful and profitable conclusion. In many an organization this responsibility is vested in one man, or small group of men. Their skill and vision stands between success and failure of the enterprise. What if death should suddenly intervene? In business, time is money —and it takes time to find and train new executives. Any losses that are incurred during the experimental period must be borne by the firm. The practical ability and technical skill of one man or several men constitute an important factor in a corporation’s affairs. When the success of an organization depends largely on such lives, it cannot afford to take the chance of disaster through the inevitable. The loss to the firm by death of any of these skilled employees would be just as great as the loss of any of its tangible assets through fire. Prudence directs that the money value of these highly creative men be covered by life insurance—it is quite proper that the corporation should thus capitalize the lives of such executives. In the event of death it may take years to train other employees—in the meantime the firm has to suffer the losses and drawbacks incident to such changes. When insurance is carried the money from the policies will carry the company through the period of adjustment until other heads can be developed to carry on successfully. Business insurance offers a real safeguard to the partnership form of organization. The death of a partner often necessitates the liquid­ ation of the business, because the deceased’s interests sometimes fall into hands that know little or nothing regarding the business. A real crisis may occur. The surviving member may be forced to accept as a partner a person not congenial or qualified. Under such conditions death works an immediate dissolution of the firm. The surviving partner faces a legal obli­ gation to pay the outstanding debts and wind up all joint business accounts without undue delay. Ready cash assets in the form of life insurance, payable to the survivor, puts him in a strong position to carry on. The necessary funds to retire the interests of your partner’s widow are available, and the business can be conducted without interruption and annoyance. Another important phase of business insurance is its adaptability as a sinking fund. The principal may be used to retire mortgages, bonds or debentures at a specified date. Every year the insurance continues in force the cash sur­ render values increase, as per the amount guar­ anteed in the contract. The insurance and the bonds may mature at an even date, when the insurance will automatically retire the bond issue. Such a method is a practical one for creating a sinking fund, which increases propor­ tionately year by year, and is not subject to fluctuation, depreciation, or a rising or falling interest rate. The importance of a substantial reserve to any business is too obvious to need dwelling upon. Such a reserve fund may be used as additional collateral, oft-times demanded during a period of financial depression. As a matter of good business you carry adeIN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 15 quatc fire insurance on your property and properly so. You would not feel comfortable without this protection knowing how your business would be jeopardized in the event of a conflagration. A fire policy may become a claim while a life policy must either by death or maturity. With fire insurance, assuming that you keep your property up to a standard, you can insure at as low a premium a year hence as to-day. There is no increasing hazard. With life insurance the Santa Claus and the Boycott By Percy A. Hill When a world wide boycott was heralded out of China, applying to Japan and the Japanese, Fang, my friend Martin’s cook, became a patriot and joined the issue with Saki, Martin’s Japanese chauffeur. Martin has quite a pre­ tentious bachelor’s home out in Pasay. That is, it used to be a bachelor’s home and was at the time the boycott began playing havoc with its masculine comfort, which came of the assortment of help about the place. Fang in the kitchen, Saki in the garage, a native houseboy yclept Jose, and a Bombay watchman. The conglomerate made for efficiency, but not friendship. The one loyalty of all was toward their employer, Martin. The kitchen was, of course, Fang’s sanctum. Jose slept off the premises and Saki in the garage—keeping carefully away from the kitchen with its arsenal of cleavers, axes and knives. Such was the truce existing when the boycott came. I was paying Martin an extended visit at the time. Fang resolved to humble the cocky, uniformed Saki at whatever cost. He was not immediately successful. Saki indeed scored first. The game was to enhance one’s esteem in the eyes of his employer. Saki received a box of wares from Japan from which he selected a harikiri sword, one of those short business-like blades the oldtime Japanese warriors turned on themselves when their other two swords had failed them in combat. Saki presented this ceremoniously to Martin, who praised .it, thanked the donor and hung the weapon on the wall along with the other curios accumulated during a long sojourn in the Philippines. Fang, in much chagrin, witnessed the presentation from the kitchen. About a week later he returned from a shopping trip to calle Rosario with a present of his own for Martin. “Kechum hatchet!” he beamed. “Him tong hatchet—kill ’em maybe twenty men!” With thanks to Fang, Martin hung the hatchet among the curios, where it neu­ tralized the distinction of Saki’s harikiri sword. Not long after that, at the siesta hour, a blaze started in the kitchen which threatened to burn down the house. Fang had to give his attention to the fire, while Saki heroically carried Martin, in green pajamas, to safety. This worried Fang exceedingly; it may have been nothing more than a grandstand play on Saki’s part, but it registered nevertheless. Fang had no chance to retaliate until, some weeks later, a carabao, pulling a cartload of scrapiron along the main road passing Martin’s place, resented the heat, the over-load and the belaboring he was getting from the driver, and ran amok. He galloped madly into Martin’s yard, ridding himself of both load and driver at the gate and clearing decks for action. Glaringly he looked about for victims— staging a boycott of his own. Martin and Saki were just getting into the car to go downtown, and the carabao made for them. They ran around to the other side of the car. The carabao followed, taking off a mud guard and successfully, if lugubriously, squaring the circle. They ran into the garage. So did the carabao. There he would quickly have mangled them, had not Fang’s swiftly longer you defer, the higher the premium deposit as you have an increasing hazard, due to ad vancing age. Then again, you have not any guarantee that you can pass the required medical examination at a later date. Only one fire insurance policy out of every 1,260 written ever becomes a claim, whereas among the same number of men, even at as low an age as 35, eleven will pass away during the ensuing year. plied butcher-knife jabbed him into his senses again and enabled the driver to lead him docilely away. Thereupon Martin—-followed by Saki— emerged from the garage. Out of gratitude he shook hands with Fang, and Fang grinned— for the first time in weeks. CHARTERED BANK OF ’chuintaral,a Capital and Reserve Fund...............................................£7,000,000 Reserve Liability of Proprietor..................................... 3,000,000 MANILA BRANCH ESTABLISHED 1872 SUB-BRANCHES AT CEBU, ILOILO AND ZAMBOANGA Every description of banking business transacted. Branches in every important town throughout India, China, Japan, Java, Straits Settlements, Federated Malay States, French Indo-China, Siam, and Borneo; also in New York. Head Office: 38 Bishopsgate, London, E. C. T. H. Fraser, Manager. Saki was crestfallen for days, after this, and then a brilliant idea seized him. Making sure of his ground, however, he asked me if Martin had a wife. I told him no, unless he had acquired one while I wasn’t looking. He seemed satisfied, and I fell to wondering why he had asked. I finally McCORMICK-DEERING INDUSTRIAL TRACTORS FOR MATERIAL HANDLING The powerful industrial tractor known the country over as McCORMICK-DEERING has found one of its broadest fields of utility to be MATERIAL HANDLING. It is on the job in factory, mill, plant, yard, and out in the open, handling loads of every possible description with great ingenuity and with great economy. MACLEOD AND COMPANY 154 M. de Comillas MANILA Iloilo — Cebu — Vigan — Davao concluded that Saki wished to make Martin a present of a flowered kimono, a haori coat or some other silken garment, for a lady friend. That night some of the boys dropped in for poker, and one or two, getting wind of the situation existing between Fang and Saki, by which Martin was being victimized, were far too ready and garrulous in their counsel. “I’d go get me a wife,” one blurted out ir­ rationally. “Here you are, getting along toward the dotty age, with no one to spend what you win from us at poker. Pretty soon it ’ll be too late.” “Oh, he can get a wife any time,” I said, “just because he ain’t got one doesn’t mean the women hate him. I’ll bet he could get a Benguet beauty—if he’d let me do the bargaining.” “But he ought to have a white woman, they keep better.” “I don’t know. He seems to take to Orientals. A Japanese girl might do, after he learned her lingo.” “Yes, or a Chinese. Fang would prefer that, perhaps.” ‘‘I capitulate. By all means, a Chinese maiden. Then, if she lectures him, he will think she is singing a song.” A few days later Saki came to me and showed IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 16 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 me the photograph of a pretty Japanese girl. “Who is she, a friend of yours?” I asked. “Picture bride!” he exulted. “That’s the way to have them—on a picture,” 1 said. "Then you won’t have trouble.” “You like picture bride?” “No, thanks, I don’t care for any today. I have a wristwatch.” “Maybe-so boss like picture bride?” “Sure,” I told him, knowing how Martin hated women. “Sure; he likes ’em a-plenty.” The next day Martin and I made a trip into the provinces, and my conversation with Saki was forgotten—until it was too late to remedy matters. For right after dinner, on the day we returned to town, Saki, with profound obeisances, claimed audience of Martin and proudly led in the picture bride! The poor girl was frightened speechless and motionless, and astonishment made Martin and I equally so. “Give you wife,” said Saki, bowing low. “Bring picture bride from Japan and give you.” The girl was trembling all over. To die would have been a relief to her. I never saw anybody so scared, unless it was Martin himself. “Congratulations!” I said to her. “The boss will make you a good husband.” Martin flung a chair at me. Then, going around to place one for the girl, who was still standing, she dodged quickly—thinking he was going to hit her with it. She insisted on stand­ ing, and kept looking as straight at Martin, who had seated himself again, as a calf in a butcher’s shop. “Go get Saki!” thundered Martin. I brought Saki grinningly in. He thought he had done his master a very fine turn. Martin managed at last to tell him how he appreciated the gift of a bride, and all that, but that he couldn’t hang her among the curios- The best way out, he thought, would be for Saki to take her back—as a present, of course—and make her his own wife. His speech was the height of diplomacy. It got over. Saki explained to the girl, whose pretty features broke into a smile of reprieve. quite satisfied. “I guess that will hold Fang for a while,” I “Yes,” sighed Martin. “He is out of the running, now. Damn these boycotts and ap­ preciations, anyway!” He was much too sanguine about Fang. Christmas was getting close. Fang asked me one day: “You like Clismas?” “Yes; I like all holidays. Don’t you?” “All days all same—no care.” THE MANILA HOTEL LEADING HOTEL IN THE ORIENT Designed and constructed to secure coolness, sanitation and comfort under tropic climatic conditions Provides every Western convenience combined with every Oriental luxury Finest Dance Orchestra in the Far East Management - - WALTER E. ANTRIM “Well, what about Christmas?” “Mis’ Maltin like Clismas?” “Sure—he likes ’em better than I do.” “All lite. Goodbye.” About a week prior to Christmas, Fang drew his back wages and asked for a few days’ vacation, saying he wanted to visit some friends on calle Santo Cristo. It was arranged that during his absence Saki and his bride should look after the cooking. The night before Christmas, Fang came home carrying a large and heavy package done up in burlap bagging and old newspapers. He was grinning broadly. “I bling boss Clismas pleasent,” he said, laying the bundle on the floor. Loosening the wrappings, Martin and I got a man-size jolt when we found the contents were a white girl; moaned and slumped on the floor, as we cut away the burlap, in which she seemed to have wept herself to sleep. We carried her to a sofa and called for Fang, but he had left the premises again. Gradually gaining back her wits, the girl asked: “Who are you?” “Don’t hurt me!” she added, then fainted again. When she regained consciousness we had her story. “The Chinese were going to kill me, when the Luzon Stevedoring Co., Inc. Lightering, Marine Contractors Towboats, Launches, Waterboats Shipbuilders and Provisions 1OO% PURE I Not a trace of microbic life or earthy deposit can be found in this Ideal Table Water Owing to its RADIUM CONTENT Tansan has earned an enviable repu­ tation as a preven­ tive for Stomach and Kidney Dis­ orders A Glass after each meal will soon prove the truth of this! SIMMIE & GRILK Phone 2-16-61 Port Area SOLE DISTRIBUTORS F. E. ZUELLIG, INC. Cebu MANILA Iloilo IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 17 old man”—Fang- “came along and rescued inc, bringing me here.” She was a Russian girl, one who had been on the wrong side of the revolution, for safety in her own country, and had therefore escaped from Vladivostok and come to Manila. At the pier she had, she said, hired a flivver to take her to a hotel. En route, the car had stopped to pick up two Chinese, who had overpowered her and taken her to an address on calle Nueva, where, arrived at the fortunate moment, Fang, with a great demonstration of noisy courage, had staged the rescue. Without friends or funds, the girl was really in a predicament. But Martin galantly assured her his house was her home until she could get over her fright. He called Saki and his bride to make ready a room for her, the bride to remain with her. Under this cunning guidance she soon had her bearings. She became cheerful and vivacious; all her glances and pidgin con­ versation were aimed at Martin. She might be a Christmas present, but it began to look as if Martin was the Santa Claus. The day passed When Telegraphing Use The Radiogram Route «• WORLD IDE IRELESS without the usual stuffed turkey and trimmings, Fang being away; but nobody but myself seemed to miss the special dinner. Olga was the girl’s name, it seemed. She and Martin compared notes in long veranda talks. Both seemed satisfied. Misgivings assailed me, I should have to find another boarding house. I turned to highballs for comfort; it looked very much as if Martin, even Martin, would throw down his best friends. No more poker parties! Then, one morning, Fang was back in the Mystical Amendments to the Corporation Law To the detriment of other measures, much if not most of the time of the year’s legislative session was given over to consideration of amend­ ments to the insular corporation law. The amendments effected are a cunundrum for law­ yers and judges, not for editors and kindred laymen—such as business men and all the kitchen. Saki and his bride were again relegated to the garage. The boycott was on again! From Fang’s viewpoint it had proved successful. He had triumphed over Saki. “Boss like 111’ gal,” he opined. “I’m afraid so. I’ve got eyes.” “Me pickee out good one! Me sabe! No like Jap.” “Yes, you’re a fine sort of Cupid!” “You likee pleasent too?” “You go to Helvetia with your presents! You’re not going to boycott me!” readers of this review. In January, it is hoped to publish a lawyer’s comment. Meantime the following extracts from the amendments seem to be salient features: Sec. 2. A new paragraph is insetted as section 5 of the Corporation Law, as follows: Sec. 5. The shares of any corporation formed under this Act may be divided into classes with such rights, voting powers, preferences, and restrictions as may be provided for in the articles of incorporation. Any or all of the shares may have a par value or have no pat value, as provided in the articles of incorporation. Provided, however, that banks, trust companies, in­ surance companies, and building and loan associations shall not be permitted to issue no-par value shares of stock. Subject to the laws creating and defining the duties of the public service commission, shares of capital stock without par value may be issued from the time to time, (a) For such consideration as may be prescribed in the articles of incorporation; or (h) In the ab­ sence of fraud in the transaction, for such consideration as, from time to time, may be fixed by the board of directors pursuant to authority conferred in the articles of incorporation; or (c) For such considera­ tion as shall be consented to or approved by the holders of a majority of the shares en­ titled to vote at a meeting called in the manner prescribed by the by-laws, provided the call for such meeting shall contain notice of such purpose. Any or all shares so issued shall be deemed fully paid and non-assessable and the holder of such shares shall not be liable to the corporation or to its creditors in respect thereto: Provided, however, That shares without par value may not be issued for a consideration less than the value of five pesos per share. Ex­ cept as otherwise provided by the articles of incorporation, and stated in the certifi­ cate of stock, each share shall be in all re­ spects equal to every other share. Preferred shares of stock issued by any corporation the holders of which are en­ titled to any preference in the distribution of the assets of the corporation in case of liquidation may be issued only with a stated par value and, in all certificates for such shares of stock, the amount which the holder of each of such preferred shares shall be entitled to receive from the assets of the corporation in preference to holders of .other shares shall be stated. The entire consideration received by the corporation for its no-par value shares shall be treated as capital, and shall not be available for distribution as dividends. RADIO CORPORATION OF THE PHILIPPINES 25 PLAZA MORAGA I 2-26-01 Phones: 2-26-02 Al Way S Open I 2-26-03 Sec. 15. The following is hereby enacted as new section thirty-six of the Corporation Law: Sec. 36. One or more stockholders of any corporation organized under this Act may, pursuant to an agreement in writing, transfer their shares to any person or per­ sons, or to a corporation having authority to act as trustee, for the purpose of vesting in such person or persons, or corporation, as trustee or trustees, voting or other rights pertaining to such shares for a period not IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 18 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 exceeding five years, and upon the terms and conditions stated in the agreement: Provided, however, That no such agreement shall be entered into for the purpose of placing two or more corporations, organized for the purpose of engaging in agriculture or in mining, or which by reason of their corpoiate purposes cannot be organized as one corporation in accordance with this Act, under the control or management of the same ti ustee or trustees, or for the pur­ pose of lessening competition or creating a monopoly of any line of commerce. A duplicate copy of such agreement shall be filed in the pi incipal office of the corpora­ tion and shall be open daily during business hours to the inspection of any stockholder or any depositor under said agreement, or the attorney of any such stockholder or depositor. Any other stockholder may transfer his shares to the same trustee or trustees upon the terms and conditions stated in said agreement and thereupon shall be bound by all the provisions of said agreement. The certificates of stock so transferred shall be surrendered and cancelled, and new certificates therefor issued to such person or persons, or corporation, as such trustee or trustees, in which new certificates it shall appear that they are issued pursuant to said agreement. In the entry of transfer on the books of the corporation it shall be noted that the transfer is made pursuant to said agree­ ment. The trustee or trustees shall execute and deliver to the transferors voting trust certi­ ficates. Such voting trust certificates shall be transferable in the same manner and with the same effect as certificates of stock under the provisions of this act. The trustee or trustees shall possess all voting and other rights peitaining to the shares so transferred and registered in his or their names subject to the terms and con­ ditions of and for the period specified in said agreement. . Unless otherwise provided in said agree­ ment, the trustee may vote in person or by proxy. Sec. 21. Sec. 190 {A) is hereby amended to read as follows: Sec. 190 (A). Penalties.—The violation of any of the provisions of this Act and its amendmen ts not otherwise penalized there­ in, shall be punished by a fine of not more than five thousand pesos and by imprison­ ment for not more than Five years, in the discretion of the court. If the violation is committed by a corporation, the same shall, upon such violation being proved, be dissolved by quo warranto proceedings in­ stituted by the Attorney-General or by any provincial fiscal by order of said AttorneyGeneral: Provided, That nothing in this section shall be construed to repeal the other causes for the dissolution of corpora­ tions prescribed by existing law, and the remedy provided for in this section shall be considered as additional to the remedies already existing. Sec. 22. Nothing in this Act contained shall be construed either to modify, amend, or repeal any of the provisions of Act Num­ bered Thirty-two hundred and forty-seven entitled “An act to prohibit monopolies Little Ah Sing’s Christmas By Maud Little Ah Sing’s first day at school had not been a howling success, though there had been some howling connected with it. He had no sooner stepped inside the yard, then a boy, scarcely larger than he, and not so sturdy, walked up under the big sign which read, Always Speak English and said to him, in Tagalog, “Insic, get out of here.” When Ah Sing put on his best selling smile and walked on in, the school boy added, also in good Tagalog, “Baboy,” at the same time spitting on the ground and touching Ah Sing’s nose with the tip of a contemptuous finger, none too clean. Now in Ah Sing’s'corner of the town, baboy, which means pig, was a fighting word. It no and combinations in restraint of trade," or of Act Numbered Twenty-eight hundred and seventy-four, entitled “An Act to amend and compile the laws relative to lands of the public domain, and for other purposes.” Sec. 23. All the provisions of this Act which do not conflict with any of the provi­ sions of the Act of Congress of July 1, 1902, entitled “The Philippine Bill—an Act tem­ porarily to provide for the administration of the affairs of civil government in the Philippine Islands, and for other purposes,” of the Act of Congress approved on August 29, 1916, entitled “An Act to declare the purpose of the people of the United States as to the future political status of the people of the Philippine Islands, and to provide a more autonomous government for those Islands," or any other Act of Con­ gress, shall take effect upon approval of this Act by Governor-General, and the remainder thereof shall take effect upon its approval, by the Congress of the United States, and upon such approval the provisions of this Act shall be applicable to all corporations now or hereafter organized under the Corporation Law, and to all fran­ chises, rights, and privileges heretofore granted by the Philippine Legislature. N, Parker sooner had left the lips of the school bully than Ah Sing’s heavy, fat fist closed the same lips and started them on a career of much prom­ inence for the next few days, while promptly and without further preliminaries Ah Sing be­ came the possessor of an equally conspicuous eye. Taken before the Principal, Ah Sing put on his best smile, though somewhat awry, like his best suit of clothes, and, without waiting for a formal charge or trial, readily volunteered the information, in broken English, picked up in play on the streets, “Him say, Baboy!” The principal, being good at mathematics, put two and two together and quickly came to a correct conclusion. He evidently believed that A Gift for the Family One of our efficient economical, dependable WATER HEATERS I Hot water for every ! purpose at any moment of the day or night Let us install one in your home as a Gift for the family Manila Gas Corporation Main Office: Downtown Showroom: Calle Otis, Paco 7 Calle David The Spirit of the Toast Charles Heidsieck CHAMPAGNE The World’s mcst famous champagne KUENZLE & STREIFF, Inc. Exclusive Distributors 343 T. Pinpin Tel. 2-39-36 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 19 the culprits had suffered enough punishment for one day, so he reserved his decision and sent the offenders to their respective rooms to be dealt with by their classroom teachers as they saw fit. Since this was Ah Sing’s first day at school, he had some difficulty in finding a first grade teacher who would accept him in his current condition. But at last, one, more kindhearted than the rest, consented to enroll him temporarily pending further investigation. He found his niche and settled down with young Ho Foy, a neighbor boy, seated just behind him, and Cecilia, an attractive Filipino maiden of seven hot seasons, occupying the seat just in front of him. Ah Sing’s right hand itched to see how it felt to hold a Filipino girl’s hair and pull a little on it, so, before the morning was far advanced, he had tentatively laid one finger on Cecilia’s braid. This he did so lightly, however, as not to alarm her, though she had seemed to have felt that Ah Sing had designs on her nicely braided queue, possibly due to a slight raising of the left eyebrow of her right hand neighbor who saw Ah Sing’s stealthy move. “Saint” Cecilia, as she was called by her teachers, “looked like an angle from heaven” as the high school boy expressed it in describing Evangeline, but this look was exceedingly deceptive. Though Cecilia always appeared to be piously expecting wreaths of roses to descend on her head, as they did on that of her namesake pic­ tured in the reader, yet if anyone presumed too far because of this angelic expression there was likely to be a rude awakening. And such was the case with little Ah Sing. While the teacher’s back was turned as she drew on the board a lovely pig with a beautiful curly tail, Sing took two good stout turns of Saint Cecilia’s braid around his fat hand and pulled back vigorously. Exactly what happened in the next ten seconds will never be known, but, in the language of the common herd, Cecilia and Ah Sing mixed it. When the anxious teacher had succeeded in prying the two combatants apart, the thumb of Ah Sing bore the imprint of all the white, front teeth in Cecilia’s head, while Ah Sing was two or three long black hairs to the good, to tie on'the tail of his kite andjnsure him good luck for the future.J That night, when Ah Sing reached his home above the store, he immediately became the center of interest of all the eighteen members of the firm, from the old grandfather who had lived continuously in the country for sixty years, to the latest comer, a lad of sixteen, recently boot­ legged in from China. Chinese in eighteen different intonations broke over Ah Sing’s proud little head in a clash of tongues that sounded like a tong war. Evi­ dently Ah Sing had been placed upon the witness stand, for he could be seen in the center of an excited circle, where he was going through a series of motions resembling shadow boxing. Each new day in the public school brought its experiences to Ah Sing in full measure. One day it was the experience of riding a see­ saw until the boy opposite happened to spy something more interesting. Another day it was an experience in working up in a swing with a companion “up in the world so high.” There was a slip of the foot, which spoiled the fun. Then one day it was the new slide. That was the day it rained and a thin film of water ran down the zinc covered board that served as the way. It was Ah Sing’s first experience at this kind of fun and he went up the ladder in the third place never halting to see what happened to the two before him. Instead he hurriedly sat down after the others, and, letting all holds go, went. That time he escaped serious harm though he was catapulted far out into a pool and came forth covered, with mud and in an almost un­ recognizable state. Ah Sing was fond of pups. He was the proud possessor of a fuzzy chow puppy with a funny black tongue and with taking little ways. It often took slippers and other loose articles of apparel which, when found later, were hardly worth salvaging. This puppy followed Sing to school one day, which, as every one knew, except Sing, was against the rule; but being little and nimble Chow got into school between Sing’s feet, undiscovered. All would have gone weP had it not happened, along about ten o’clock, that Chow became unhappy because no one had played with him, as he was used to, nor fed him, as was the custom. So he lifted up his voice and wept, or, to be more exact, howled, a long Chow howl, made in China, to the supreme delight of the tittering class. Sing and Chow were exiled in deep disgrace. At home, in the presence of the eighteen members of Sing’s tong, an explanation was demanded which Sing gave with true Chinese economy of words. He said, in good Amoyan, “Pup no like"; but in the Amoy dialect, his words would cover six pages of fine print. It took Sing till nearly noon to deliver this explanation, but he didn’t care to go back to school that morning, anyway. Ah Sing had taken up dancing. Folk dancing, the teacher called it, but Ah Sing couldn’t remember the name though he showed wonderful ability in taking the steps, much to the delight of the eighteen members. They kept Ah Sing dancing for an hour every night after the store had been closed securely by filling in the whole front with heavy planks set upright, in grooves, and barred on the inside. Due to this enforced practice, Ah Sing became, in time, the champion first-grade dancer and won much merit at school, becoming indeed quite famous locally. In fact he was chosen to represent his class in the Christmas exercises which were now being sedulously practiced, since the great day of the annual Christmas tree was coming on apace. Ah Sing’s explanations at the store of this new event were rather sketchy, though the Eighteen FOR RENT:—Store space, Calle David and Dasmarinas, 179 square meters.— Entrances on both streets.—Excellent show windows. Apply, John R. Wil­ son, Secretary, American Chamber of Commerce, 180 David, Phone 2-11-56. Manila's Carnival and Industrial Fair: January 26 to FebruaryflO PALE PILSEN YOU CAN TASTE SANMIGUEL ITS UNMATCHED QUALITY} BREWED FOR THE TROPICS BY SAN MIGUEL BREWERY A Light in the Dark! Just as the weary survivors on a raft wel­ come the friendly gleam from an approaching vessel so the Beacon of “BEAR” BRAND NATURAL MILK shining on the dismal path of suffering and ill-health, guides one to a haven of HEALTH! Remember MILK is the Perfect Food— and “BEAR" BRAND is the Perfect Milk! SOLD EVERYWHERE IN LARGE AND SMALL CANS I IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 20 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 tried hard to grasp its significance, for every new word, act and custom learned by Ah Sing was just as thoroughly learned, vicariously, by the whole eighteen every night at Ah Sing’s private night school. The teacher had reverently explained to her class about the birth of Jesus and had told them that the Christmas exercises were for the purpose of celebrating it. All that the Eighteen could get from little Sing was something about a fiesta for one Gee Kli, which, without any thought of irreverence, were the nearest sounds that could be found in Amoyan to express the name of the founder of Christianity. The night of the tree was at last due and one would have thought by the way in which the Eighteen talked and acted that some one had poked a long stick into their hive and stirred them up. Teacher had told the children to invite their parents and friends to the Christmas tree exercises, so Sing had invited the Eighteen as well as several other friendly tongs further up the street. Sing’s teacher had also explained to the chil­ dren that they could bring presents for their parents and small friends. This appealed to Sing as a fine thing, he being a generous soul whose impulses to generosity had not yet been subjected to the inhibitious that come with maturer years. So on the afternoon of the day before Christmas one member of Ah Sing’s tong found him in the store room busily engaged in filling a buri sack with socks, knives, toys, slippers and various other articles of more or less value. When questioned as to what was in the wind, he explained joyously that he was gathering up presents to put on the Christmas tree for all his friends. This being a new idea to the members of the firm, a meeting was instantly called which went into executive session of the Committee of the Whole and the entire procedure in this newly discovered custom was gone into thoroughly. When added up on the abacus it was found that Ah Sing’s presents came to the respectable sum of P24.14. However, when it was under­ stood that each present was to come back to a member of the firm, except a few penny pencils to Hop Loy, Ho Foy, On Lung, and a few other small friends, it was decided to let Ah Sing give these presents. It would be an impressive and dramatic incident of the evening exercises when all these presents were given out to the members of the firm, and everything would then come back to the donors. Long before the hour came for the opening exercises, Sing’s friends had taken all the seats up in front usually reserved for the gente fina of the town. The Standing Room Only sign was out that night for many who had never stood before—since it was felt to be indiscreet, and rather impossible, to move all little Ah Sing’s friends back. At last the program was on, with songs, speeches, dialogs and folk dancing, each and every class in school being represented. Ah Sing’s teacher had taught him to speak a piece, which she had found in an old book, so when his turn came and he strode to the front of the stage, uproarious applause broke out and reigned for fully three minutes. Ah Sing never halted nor faltered. Though no one heard him, he went into immediate action and recited, with motions: Little Ah Sid was a Chinese kid. A cute little kid I declare; With eyes full of fun And a nose that begun Right up at the roots of his hair. His choppy bow convulsed the audience anew, and then, as the applause rolled wildly on, he broke at once into the steps of his folk dance, which finished the devastation his mere ap­ pearance had begun. When Ah Sing took his last graceful step, made his final bow and retired, pandemonium itself broke loose in reality. For five minutes there was nothing to compare with the noise except Chinese New Year’s eve. Ah Sing refused to repeat, saying briefly but firmly, “No can do!” to the honeyed persuasion of his teacher. At last the crowd tired and fell suddenly silent as the back curtain was pulled aside, showing the Christmas tree covered with its artificial snow and ice glistening in the light of many colored candles. A great sigh of pleasure went up from every little breast in the audience as old Santa Claus, with bells, came out and made a short speech before he began to give out the presents. The Eighteen each shouted, “Aco—I!” when their names were called and hurried up to reclaim their gifts, one and all proud to bursting at the public honor thus bestowed upon them. Little Ah Sing was himself the recipient of half a dozen bags of condol candy, one Chinese pear, as hard as a rock, a Chinese orange as big as his head, and two red American apples. All these things the members of Sing’s tong joyfully took posses­ sion of and carried home, together with little Ah Sing himself, who, in the arms of his father, was off on a long voyage into the land of dreams and Santa Claus. Manila's Carnival and Industrial Fair: January 26 to February 10 INFORMATION FOR INVESTORS Expert, confidential reports made on Philippine projects ENGINEERING, MINING, AGRICULTURE, FORESTRY, LUMBER, ETC. Hydroelectric projects OTHER COMMERCIAL AND INDUSTRIAL ENTERPRISES BRYAN, LANDON GO. Cebu, P. I. Cable address: "YPIL,” Cebu. THE WHITE EMPRESS OF THE PACIFIC EMPRESS OF ASIA EMPRESS OF FRANCE EMPRESS OF RUSSIA 16900 tons 18400 tons 16800 tons To CANADA, UNITED STATES and EUROPE QUICKEST TIME ACROSS THE PACIFIC CANADIAN PACIFIC STEAMSHIPS 14-16 CALLE DAVID ' MANILA, P. I. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 21 The Manila Stock Market During November By W. P. G. Elliott General trade conditions have been normal throughout the month of November, with a slight increase noted during the last week, and the outlook for the coming year seems to be very favourably defined. Ruling values of Philippine products have remained steady as compared with October values, with a firmer tendency noted for futures. Hemp prices opened very firm with advancing quotations in both the New York and London markets, but the local transactions were almost nil as dealers were holding off for higher prices, which how­ ever failed to materialize as the values are down approximately Pl.50 per picul from those of the early part of the month, and neither buyers nor sellers showing any disposition to operate. Estimates of the damage to the Davao plan­ tations, due to the whirlwind which passed through the eastern part of the province, varies from P800,000.00 to Pl,000,000. It is reported that approximately two million abaca hills were destroyed, and the young crop is presumed to be a total loss. The production of copra in the Philippines this year, is expected to be the biggest in local history, and prices have advanced in spite of abnormally heavy receipts both in Manila and Cebu. Resecada has advanced from Pl 1.75 to P12 .00 per picul with a premium for large parcels and the local mills are very well sup­ plied with stocks. The steadiness of present copra prices are chiefly local, and without any influence from the United States and London markets. We have pointed out before, that due to increased world production sugar prices this year will not approximate by a very wide margin, the prices obtained last year. However, a general recovery to 4 cents per pound minimum is expected in the not distant future. Despite the fact that the harvest season is in full swing, the local rice market continues active, and the price its upward movement. The feature of the present rice trade, is the heavy buying of palay in the provinces for fear of a short crop this year and the considerably higher prices now prevailing than during the same period last year. A year ago first class native rice was quoted at P7.20 to P7.50 as against P9.50 this year. Pangasinan rice is being sold at P9.20 ex car Manila. The Market.—Trading on the Stock Ex­ change showed a decided increase over the previous month, banks, sugars, mines and in­ dustrials all sharing in public favour. Quota­ tions have held firm with the exception of sugars which have eased off considerably. Banks.— Bank of the Philippine Islands continues strong and has advanced to P190, at which figure a large number of shares changed hands. There are now buyers at Pl95 but sellers are not inclined to let go for less than P200. Chartered Banks have also advanced and there are now buyers at £22. China Banks are also firm and advancing with buyers at P90. Hongkong Banks have declined slightly and at the close of business there were sellers at HK $1330. There were sales of Mercantile Banks at P42, but at the close these shares advanced to P43 with sellers at this figure. Insurance.—Compania Filipinas are firm and have advanced 50 points, there now being buyers at P3200. Insular Life and Philippine Guarantee are also firm with buyers at P320 each respectively. Unions of Canton have remained practically unchanged closing with sellers at HK$362>^. Sugar.—Bacolod-Murcias have advanced slightly and there are buyers at P8; Bogo-Medellins on fairly large transactions were placed at P20; Cebu sugars have declined slightly and now have sellers at P18. Bais have eased off a bit with sellers now asking P1025, Cariotas have likewise declined and a fair amount of shares changed hands at P250. Tarlacs were placed at P200 and there are further sales at this quo­ tation; Central Luzons have remained unchanged at Pl65 as have also Hawaiian-Philippines at P57.50. KabankaHns can be had at P285 and as this company will disburse a dividend of 10% or P'j per share in December next; the investment seems a very attractive one. A new addition to the list is the Lopez Sugar Central, capital structure is P800.000 of which P317.100 is paid up. The shares have a par value of P100 and there are buyers at P115. A small lot of Luzon sugars are offered at P1000, Malabons remained nominal at P23j^. There are sellers of Mount Arayats at Pl 10 and a fair amount of Pasudecos were placed at P50. A small parcel of Pilars changed hands at P1450; San Carlos are offered at $33 and recent advices report the current position is very strong. As of October 31, San Carlos report a balance of $266,360 or 13.3% which might be disbursed in extra payments. Honolulu advices indicate that possibly an extra disbursement of 5% or more may be made before the new crop of sugar arrives, so at the current price the investment seems attractive. Victorias common were placed at Pl65 and the preferred 9% shares are firm at P110. Isabelas still have buyers at P15 and Talisay-Silays on fairly large transactions were placed at P25. Plantations.—Pamplonas have buyers at P80 and on fairly large transactions Polos were placed at P400. Mines.—Benguet Consolidated has again been very active and after opening at P2.35 advanced by easy stages to P2.50 on fairly large transac­ tions. At the close Benguets eased off with sellers at P2.40 and buyers apparently not interested. Balatocs have remained with sellers at P2.30 throughout the month with no tran­ sactions recorded. Itogons have sellers at P10 with buyers offering P9}^ and no business reported. Industrials.—Philippine Educations com­ mon have buyers at Pl60 which is 10 points higher than the previous month, but even at this figure sellers are not inclined to part with their shares. The preferred 10% shares were again placed at P102 and more can be sold at Goodrich Highflex Belting Will Give Good Service on Difficult Drives i IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 22 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 this figure as the demand is fairly brisk. Philip­ pine Educations sales for October 1928 amount to P229.028.il as against sales of P171,438.49 for October 1927. The sales for the ten months’ period ending October 31, 1928, amounted to P2,071,797,52 as against Pl,687,166.44 for the same period of 1927. Manila Finance and Dis­ count common and preferred shares are still quoted at a discount namely P20 for common and P40 for preferred. The company has recently acquired an ocean going vessel named Southern Trader and we are informed that this vessel is fully booked for lumber cargoes from the south for a period of one year. We also hear that return freights from Manila to the south are fairly heavy and it is expected that the earnings from this venture will be a most welcome addition to the profits of the company. Bonds.—A bond issue amounting to P4.000,000.00 has been announced by the Compania Tabacalera in the interest of the Tarlac Sugar Central. These are 8% bonds and the issue constitutes the first mortgage on the Tabacalera Central at Tarlac including the lands adjoining the mill. The bonds are P1000 denomination and can be called for redemption any time from 3 to 15 years from date of issue. The complete issue has practically been subscribed as the investment is gilt-edged in every respect. Lyric Theatre 7% bonds are selling briskly at par and a small lot of Hogar Filipino 7} /$% were also placed at par. The market closed steady with the exception of sugars, which have eased off considerably, the sales for the month aggregating 27,259 shares. Dividends declared and paid.—La Cariota 10%, final for 1926. Sealed proposals, indorsed “Proposals” will be received at the Public Works Office, Naval Station, Cavite, P. I. until 11:00 o’clock a. m., 24 January 1929, and then and there publicly opened for furnishing and installing Boiler Plant Equipment at the U. S. Naval Hospital, Canacao, P. I. Plans and specification No. 5537 may be obtained on application to the District Public Works Officer, U. S. Naval Station, Cavite, P. I. Deposit of a check or Post Office Money Order for $10.00, payable to the Chief of the Bureau of Yards and Docks, Navy De­ partment, Washington, D. C., is required as security for the safe return of the plans and specification. L. E. Gregory, Chief of Bureau of Yards and Docks, Aug. 3, 1928. POLICE COUNT ESCOLTA TRAFFIC “With regard to the verbal instructions of Captain C. E. Piatt who is now on leave in the United States, I have the honor to inform you that on Wednesday, November 14, vehicles entering the Escolta and stopping thereon were counted by members of this division. It was found that 6,477 automobiles entered, 1,706 of which stopped: 2,187 carromatas entered, 341 of which stopped. The count was made from 8 a. m. to 12:30 p. m., and from 3:45 to 6:30 p. m., during the middle of the week when traffic was comparatively light. During busy days, as Saturdays, and the first few days of the month it is estimated that twice the number of vehicles listed above would enter the Escolta. “About the middle of December I expect to make another count on the Escolta and you will again be notified.” —SlLVESTRE NlEVERA, Sergeant Commanding, Traffic Division. “Some days ago I received a copy of the Sep­ tember issue of the AMERICAN CHAMBER OF Commerce Journal. I have read your write­ up on “Verne E. Miller of Philippine Education Fame” with a great deal of interest. You possibly can understand that interest better when I tell you that on my first trip to the Philippines in 1921 I did not meet Mr. Miller at all but did meet Mr. Hazelton with whom I had considerable dealings. I have thought of it from many angles since then why Mr. Hazelton did not see to it that I met Mr. Miller. However, I had that pleasure and satisfaction on succeeding trips and learned that he was the “spirit and the life” of the Philippine Education Company. Mr. Miller is entitled to all the praise that you give him in your article and I feel that he is entitled to a greater distinction than many who have made many times more money than he has in other lines. Rarely does a person make big money in any phase of educational endeavor, but all who are connected with it can have the sweet satisfaction of having con­ tributed something, even though it be li.ttle, to the development and betterment of mankind. “I have read other articles in the Journal with more than ordinary interest, principally because it is your production. One of these, entitled “An Historic Sketch of the Walls of Manila,” I found particularly interesting. “I sincerely hope that the cooperation and good feeling that I hear and read so much about between the present administration and the Philippines is genuine and sincere. There is no reason why the Philippines should not be the center of industrial and cultural activity of the Orient, and such can be the case with proper team work on the part of all concerned.” C. R. Foster (Chicago publisher.) Watching Investments Buying Sound Securities is the Beginning of Safe and Profitable Investing Inquiries Invited Hair and Elliot Members Manila Stock Exchange P. O. Box 1479 34-B Plaza Cervantes, Manila “MANILA CIGARS,” which are HAND-MADE LONG FILLER, are a product which both the wholesaler and the retailer can depend upon for profit. To the wholesaler. “MANILA CIGARS” offer quick turnovers. To the retailer, this product is a repeater. Such results are made possible by the combination of good qualities of Philippine leaf tobacco seldom found in other tobacco. A pleasing taste, delicate aroma, and even burn are inherent in the selected tobacco used, grown in the Cagayan Valley which is annually fertilized by Nature by the overflowing of the Cagayan River. The more one smokes “MANILA CIGARS,” the surer he is of this product’s unexcelled qualities. There are “MANILA CIGARS” of all shapes and classes which offer wonderful values. List of Distributors Furnished on Request Address: CHARLES A. BOND Philippine Tobacco Agent 15 William Street, New York City, U. S. A. THE COLLECTOR OF INTERNAL REVENUE Manila, P . I . IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 23 The Beef Tariff and Importation Law There is a discrepancy between the insular and United States tariffs on imported beef. The latter is 1-1/2 cents a pound on live beef weighing 1,050 pounds or less per head, two cents a pound on heavier animals and three cents on dressed beef. The dressed and live beef rates work out approximately the same. The insular rates do likewise, but they are P4 the head for live animals, dressing an average of 488 pounds, and P4.44 for that amount of frozen beef; where­ as the American equivalents would be P29.70 and P29.28 respectively. Newspaper items indicate that the authority of the government to modify the law against importing beef cattle by entering into an agree­ ment with an importer has been questioned. The following is the law as stated in the adminis­ trative Code: “Sec. 1762. Bringing of animals imported from foreign countries into the Philippine Islands.— It shall be unlawful for any person or corporation to import, bring or introduce live cattle into the Philippine Islands from any foreign country. The Director of Agriculture may, with the approval of the Head of the De­ partment first had, authorize the importation, bringing or introduction of various classes of thoroughbred cattle from foreign countries for breeding the same to the native cattle of these Islands, and such as may be necessary for the improvement of the breed, not to exceed five hundred head per annum: Provided, however, That the Director of Agriculture shall in all cases permit the importation, bringing or in­ troduction of draft cattle and bovine cattle for the manufacture of serum: Provided, further, That all live cattle from foreign countries the importation, bringing or introduction of which into the Islands is authorized by this Act, shall be submitted to regulations issued by the Direc­ tor of Agriculture, with the approval of the Head of the Department, prior to authorizing its (sic) transfer to other provinces. “At the time of the approval of this Act, the Governor-General shall issue regulations and orders to provide against a raising of the price of both fresh and refrigerated meat. The Governor-General also may, by executive order, suspend this prohibition for a fixed period in case local conditions require it." So far as is known, this law, of which the first paragraph is clear and the second not clear, has never been tested in the courts. Even in the second paragraph, it is clear that modification shall take the form of a suspension of the act, The Philippine Guaranty Company, Incorporated (Accepted by all the Bureaus of the Insular Government) Executes bonds of all kinds for Customs, Immigration and Internal Revenue. DOCUMENTS SURETYSHIPS For Executors, Administrators, Receivers, Guardians, etc. We also write Fire and Marine Insurance Low rates iberal conditions ocal Investments oans on real estate repayable by monthly or quarterly instal­ ments at low interest Call or write for particulars Room 403, Filipinas Bldg. P. O. Box 128 Manila, P. I. not the circumvention of its provisions by contracting with an importer, something which in effect seems to give the act a discriminatory application. But there is that other provision; viz., regulations and orders providing against the raising of the price. It may be that this is the refuge of the government. “I have been intending for weeks to acknowl­ edge in writing the delightful little booklet, ‘Sunrise and Sunset on Manila Bay,’ which you were so kind as to give me, along with an expres­ sion of esteem more valuable than the book it­ self. As I told you, I enjoyed the sketches tre­ mendously. I shall keep them permanently among my Filipiniana, to help keep alive my pleasant recollections of my years in Manila. I think you have a good knack of description— close observation, tact in selecting and arranging significant details, and a most unusual vocab­ ulary. I am sending a copy of the little book to my mother for Christmas, and I know she will appreciate it. I have often felt badly for not writing her more about the beauties of this place, but have never felt that my abilities were adequate. This work of yours solves the problem. “I am glad you are keeping on about Cuenca. I think that you are doing something really worth while in that kind of work. You have wide knowledge of the Philippines, and under­ standing of the Filipinos; it is, I believe, your duty to put that knowledge and understanding into permanent form. As long as I am pointing out your duty to you, I might as well name another one: getting together songs, jokes, anecdotes, etc., illustrative of the early American days out here. A few years more and it will be too late. That material is interesting, and should be in permanent form as part of the complete record of our entrance into the Oriental world. So now you have your work all laid out for you!” —G. P. Shannon (head of the English department, College of Liberal Arts, University of the Philippines) CANALS OF MANILA By H. F. Wilkins SOUTHERN TAGALOG PROVINCES By Robert A. Zingg HERBERT HOOVER Reproduction of an Original Autographed Photograph And many other interesting and authoritative articles and stories about the Philip­ pines and Filipinos will be found in the big December Number of PHILIPPINE EDUCATION MAGAZINE ISSUED DECEMBER 1st Every issue is filled with fascinating stories and descriptive material distinctively Philippine, profusely illustrated, which makes this quality GENERAL MAGAZINE enthusiastically praised by every reader. Subscribe for yourself and send one or more subscriptions to the folks at home. They want to know more about this country you live in that you can possibly write in letters. PHILIPPINE EDUCATION MAGAZINE answers your problem. Single Copy P0.A0 In Philippines P3.00 A Year In United States P4.00 A Year IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 24 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 SHIPPING REVIEW By J. E. GARDNER. Jr. Acting General Agent, The Robert Dollar Company During October total exports from the Phil­ ippines were approx­ imately the same as that for September, with the same number of sailings. Now that the sugar season is well started, cargo is plentiful and space is becoming very scarce. November should show a distinct increase over previous months. Local shipping circles were greatly interested in the announcement of The Robert Dollar Co. that they have definitely decided to enter the interisland trade and are proceeding immediately with the construction of two steamers, designed especially for this service. We understand that these boats will be put on the run from Manila to Iloilo, Cebu and Zamboanga. These vessels will be modern in every respect, with passenger accommodations comparable with the transpacific steamers and their equipment for the safe and rapid handling of cargo will be of the very best. THE YOKOHAMA SPECIE BANK ----- LTD. ---(ESTABLISHED 1880) HEAD OFFICE: YOKOHAMA, JAPAN Yen Capital {Paid Up) - - - - 100,000,000.00 Reserve Fund .... 102,500,000.00 Undivided Profits - 8,281,611.36 MANILA BRANCH 34 PLAZA CERVANTES, MANILA K. YABUKI Manager PHONE 2-37-59— MANAGER PHONE 2-37-58—GENERAL OFFICE From statistics compiled by the Associated Steamship Lines there were exported from the Philippines during the month of October 1928: To China and Japan ports 8,731 tons with a total of 43 sailings, of which 6,419 tons were carried in American bottoms with 15 sailings: to the Pacific coast for local delivery 16,955 tons with a total of 11 sailings, of which 15,499 tons were carried in American bottoms with 9 sailings; to the Pacific coast for transhipment, 2,282 tons with a total of 10 sailings, of which 2,086 tons were carried in American bottoms with 8 sailings; to the Atlantic coast 50,288 tons with a total of 15 sailings, of which 24,135 tons were carried in American bottoms with 7 sailings: to European ports 26,394 tons with a total of 19 sailings, of which 607 tons were carried in Amer­ ican bottoms with 2 sailings; to Australian ports 378 tons with a total of 4 sailings, of which American bottoms carried none; or a grand total of 105,028 tons with a total of 68 sailings, of which American bottoms carried 48,746 tons with 18 sailings. Regular passenger traffic during the month of November showed a decided decrease over that of September, there being a total of 1,193 during November as against 1,666 during October. Regular passengers departing during November were (first figure represents cabin passengers, second figure steerage) to China and Japan 134-359; to Honolulu 6-450; to the Pacific coast 48-151; to Straits settlements 37-0; to Mediterranean ports 8-0. H. M. Cavender, general agent for The Robert Dollar Co. at Manila, accompanied by Mrs. Cavender and son, returned to Manila November 26, aboard the ss President Lincoln after a six months’ holiday in the United States. R. C. Morton, director for orient, U. S. Ship­ ping Board, who has been confined to his home seriously ill, is improving rapidly and it is ex­ pected he will be out shortly. Hugh Mackenzie, general passenger agent for The Robert Dollar Co., with headquarters at San Francisco, and Geo. J. McCarthy, oriental passenger agent for the same company, with headquarters at Shanghai, arrived in Manila the latter part of November on a business trip. Mr. Mackenzie sailed from Manila midnight, December 5, aboard the ss President Harrison and is returning to the United States via Suez Canal and Europe. Mr. McCarthy returned to Shanghai Saturday December 8 aboard the ss President Cleveland. L. Everett, president of L. Everett, Inc., arrived at Manila November 22 aboard the ss President Grant on a business trip. Neil Macleod, manager of the shipping de­ partment, Smith, Bell & Co., recently visited Hongkong to attend a conference of the agents for the Blue Funnel line. REVIEW OF THE EXCHANGE MARKET By Richard E. Shaw Manager I nternational Banking Corporation The market was char­ acterized by a decided firmness during the en­ tire month of Novem­ ber. Selling rates for telegraphic transfers were maintained at 1-1/8% premium, while buyers were quoting 3/4% premium for De­ cember/January deliv­ ery and 5/8% premium for February/March settlements. Bills were scarce and exporters were not keen sellers of TT. Rates are not ex­ pected to ease ofT during December. Purchases of telegraphic transfers from the Insular Treasurer since the last report have been as follows: Week ending Oct. 27...........U. S. 3450,000 Week ending Nov. 3........... 100,000 Week ending Nov. 11 ........... 400,000 Week ending Nov. 17......... 700,000 Very little activity was displayed in the Sterling market during the month and rates IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 25 held steady with sellers of TT at 2/- 7/16 and buyers at 2/- 9 16. The New York-London cross-rate closed at 484 27 32 on October 31st, dropped to a low of 484 25 32 on Nov. 14th, rose to a high of 485 7/32 on Nov. 28th and closed at 485 3/32 at the month’s end. London Bar Silver was quoted at 26 3/4 ready and 26 13/16 forward on October 31st, touched a high of 26 13/16 ready and 26 7/8 forward on the 13th and 17th of November and declined to a low of 26 9/16 ready and 26 5 8 forward on the last day of the month. New York Bar Silver closed at 58 1/8 on Octo­ ber 31st, reached a high of 58 1, 4 on November 12th, touched a low of 57 5 8 on November 1st and was quoted at 57 3/4 on November 30th. Telegraphic transfers on other points were quoted as follows; Paris, 12.40; Madrid, 165 1/4; Singapore, 116; Japan, 93 3 4; Shanghai, 76 1/4; Hongkong, 102; India, 134 1 4; and Java, 122 1 2. LUMBER REVIEW By Arthur F. Fischer Director of Forestry Reports covering the activities of 34 mills for the month of October show a production of 19,751,998 board feet as compared with 15,899,110 board feet for sim­ ilar month last year; shipment, 19-,901,110 board feet as compared with 18,178,226 board feet for October, 1927; and lumber inventory of 33,589,982 board feet as compared with 28,738,372 board feet for similar period last year. Compared with similar figures for corresponding month last year, these figures indicate an increase in mill production of about 4,000,000 board feet; shipment, 1,800,000 board feet; and lumber inventory of about 4,800,000 board feet. Compared with the preceding month, or that of September, 1928, the mill activities for October indicate an almost imperceptible increase in mill production; a slight increase in shipment; and practically the same amount of lumber inventory. In other words, the activities of the mill for October are practically the same as those of September of this year. With respect to the export trade, the figures for October registered an increase of about 50% as compared with similar period in 1927, but a decrease of 33% as compared with that of Sep­ tember, 1928. The month of October usually registers the lowest amount of export trade in the whole year. The fact, however, that figures for this year are about 50% higher than that of similar period last year indicates what has so often been repeated in this review, that the export trade in lumber of this country continues to increase. Reports from foreign markets indicate an ever ;rowing demand for Philippine hardwood, with Manila to New York via Suez and Europe See the Old World on your trip home. Stops of several days in many ports. You can travel through Europe and catch our boat for New York via Southampton, England, at Bremen. “The Most Interesting Trip In The World.” 90 Rosario, Manila NORDDEUTSGHER LLOYD Zuellig & von Knobelsdorff Agents Phone 22324 the United States customers leading, and Japan and China as close rivals for second place. While the main bulk of the export trade consists mainly of sawn lumber, the amount of round timber shipped to America and Japan is becoming greater every year. Prices for lumber in the United States con­ tinue to be satisfactory and stocks readily dis­ posed of. Local prices were also satisfactory for the month of October. THE RICE INDUSTRY By Percy A. Hill of Mufloz, Nucva Ecija, Director, Rice Producers' Association Due to the effect of the typhoon in late No­ vember, further reductions of the rice crop in Central Luzon may be placed at 350,000 cavans. Destruction of certain rice areas in the Bisayas in addition to the above will place the 1928-1929 crop much lower than in 1925, or, say less than 43,000,000 cavans. AMERICAN MAIL LINE DOLLAR STEAMSHIP LINE COMBINED TRANSPACIFIC SERVICE SAILING ONCE A WEEK The “President” Liners Offer Speed-Service—Courtesy—Comfort Excellent Food, Comfortable Cabins, Broad Decks, American Orchestra, Dancing, Swimming Pool, Sports SAILING ONCE A WEEK TO SAN FRANCISCO AND LOS ANGELES via Hongkong, Shanghai, Kobe, Yokohama, and Honolulu SAILINGS ON ALTERNATE FRIDAYS Sailings every fortnight ROUND THE WORLD VICTORIA AND SEATTLE President Monroe - - - Dec. 19 President Wilson - - - Jan. 2 via Hongkong, Shanghai, Kobe, President Van Buren - - Jan. 16 and Yokohama President Hayes - - - - Jan. 30 President Polk - - - - Feb. 13 SAILINGS ON ALTERNATE SATURDAYS 24 Calle David MANILA Telephone No. 2-24-41 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 26 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 NOVEMBER SUGAR REVIEW By George H. Fairchild New York Market: The American sugar market during the month under review showed a better tone than during the previous month. For the first five days it continued in a depressed condi­ tion. After the Presi­ dential election, it be­ came steadier and firm­ er, and sales of Cubas were negotiated at 2-1/16 cents c. and f. (3.83 cents 1. t.) on the 7th; 2-1/8 cents c. and f. (3.89 cents 1. t.) on the 9th; and 2-3/16 cents (3.96 cents 1. t.) on the 12th. The market, however, closed easier on the 12th and prices gradually declined to 2-1/16 cents c. and f. (3.83 cents 1. t.) on the 14th, apparently due to an announcement by a New York firm to the effect that the United States beet crop this year will reach 927,000 tons or 45,000 tons in excess of a previous estimate. During the latter part of the month the market showed slight improvement, being steadier and buyers showing more interest. Moderate sales of Cubas were made ranging from 2-1 /8 cents c. and f. (3.89 cents 1. t.) to 2-3/16 cents c. and f. (3.96 cents 1. t.). This improvement in the market is evidently due to the following bull factors: (1) The announcement by Willett & Gray that the increase in the world’s crop will be 1,318,500 and that Cuba’s new crop will not exceed 4,900,000 tons; (2) The rumor that there will be an increase of 1/2 cent per lb. in the duty on sugar; and (3) The announcement by the President of Cuba that grinding will not commence until January 1st and that a continuance of the Cuban Export Corporation is being considered. However, the world’s visible stocks at the end of the month were slightly in excess of previous years, being 2,264,000 tons as compared with 2,189,000 tons last year and 2,096,000 tons in 1926. Puilippine Sales: Sales of Philippine cen­ trifugals in the Atlantic Coast,—afloats, near arrivals, and for future deliveries—for the month under review aggregated 23,000 tons at prices ranging from 3.77 cents to 3.96 cents landed terms in comparison with 53,500 tons sold in November, 1927, at from 4.60 cents to 4.75 cents landed terms. Futures; Quotations for futures on the New York Exchange during November fluctuat­ ed as follows: High Low Latest December............... 2.10 1.93 2.10 January................... 2.11 1.94 2.11 March...................... 2.16 2.00 2.16 May.......................... 2.23 2.07 2.23 July........................... 2 31 2.16 2.31 September.............. 2.39 2.22 2.39 INSULAR LUMBER COMPANY Owners and Operators of Sawmills—Planing Mills—Dry Kilns—Box Factory At Fabrica, Occidental Negros, P. I. Output—52 Million Board Feet Annually Manufacturers, Exporters, and Dealers in Bandsawn Philippine Cabinet Woods Tanguile Red and White Lauan Bagtican Almon Apitong Complete Stock of All Sizes Always on Hand, Including Flooring — Ceiling — Siding — Interior Trim — Box Shooks Local Market: In the local market for cen­ trifugals exporters’ quotation ranged from P8.62-1/2 to P9.00 per picul ex godown. Par­ cels for local consumption were negotiated at prices between P9.12-1/2 to P9.37-1/2 per picul. The muscovado market was quiet and prac­ tically inactive, and only very insignificant quantities of muscovados were traded. Philippine Crop Prospects: According to the estimate recently issued by the Philippine Sugar Association before the recent typhoon, the 1928-29 crop of centrifugals was placed at 615,000 tons, detailed in the attached statement: PHILIPPINE CENTRIFUGAL SUGAR PRODUC­ TION FOR THE 1927-1928 CROP (Compiled by the Philippine Sugar Association on November 21, 1928) CENTRALS ON NEGROS Bacolod-Murcia Milling Co.. Binalbagan Estate, Inc.......... Central Azucarera de Bais. .. Central Azucarera de La Cariota.................................. Central Azucarera de Danao. Central Palma......................... De la Rama Central (Bago).. De la Rama Central (Talisay) Hawaiian-Philippine Co. . . . Isabela Sugar Co., Inc............ Lopez Milling Co..................... Maao Sugar Central Co......... North Negros Sugar Co......... San Carlos Milling Co............ San Isidro Central.................. Talisay-Silay Milling Co. . . . Victorias Milling Co............... Piculs Metric 529,804 495,218 395,964 884,611 40,091 158,744 119,300 47,431 11,067 548,235 422,862 58,363 512,087 559,810 461,067 144,480 461,247 460,237 33,510 31,323 25,045 55,952 2,536 10,041 7,546 3,000(x) 700(x) 34,676 26,746 3,691 32,389 35,408 29,162 9,138 29,174 29,110 Kiln-dried or Air-dried Manila Office: P. V. O. Building Calle Pureza Cable Address: “ILCO,” Manila Mill Office: Fabrica Occidental Negros P. I. U. S. A. Office: Atlantic Building Philadelphia, Pa. Cable Address: “ILCO,” Philadelphia 6,310,618 CENTRALS ON LUZON Bataan Sugar Co.................... Calamba Sugar Estate........... Central Carmen...................... Central Don Pedro................. Central Luzon Milling Co.... Luzon Sugar Co..................... Mabalacat Sugar Co............... Nueva Ecija Sugar Mills, Inc.......................................... Pampanga Sugar Develop­ ment Co................................ Pampanga Sugar Mills......... Pangasinan Sugar Co............. Philippine Sugar Estates Dev. Co.. ........................................ Phoenix Central...................... 960 30,055 3,281 7,127 11,001 3,946 2,977 6,736 426 599,359 763,593 4,370 49,000 31,620 37,910 48,297 276 3,099 2,000 (x) 2,392,944 151,355 CENTRALS ON PANAY Asturias Sugar Central........... 174,368 11,029 Central Azucarera de Pilar... 106,332 6,725 280,700 17,754 CENTRAL ON MINDORO Mindoro Sugar Co................... 95,984 6,071 CENTRAL ON CEBU Cebu Sugar Co....................... 6,139 388 Total..................... 9,086,385 574,715 (x) Estimated—no data available. Since this was published, the typhoon has passed over Negros and reduced the yield on that island by possibly' 40,000 to 50,000 tons. No damage is reported on Luzon. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 27 Although the recent typhoon had done but slight damage to the cane on Luzon, advices received from Negros and other southern islands indicate that the storm may cause a loss to the sugar crop of 50,000 tons, reducing the estimate of the 1928-29 crop sugar production to about the outturn of the 1927-28 crop, which was 574,715 metric tons. The 1927-28 centrifugal exports amounted to 5^3,706 metric tons, leaving approximately 50,000 tons of centrifugal sugar consumed locally. For the 1928-29 season the total exports of cen­ trifugals are estimated at 545,000 tons and the local centrifugal consumption at 85,000 tons. Restriction of P. I. Sugar: To refute the recent statement made by Senator Smooth attri­ buting the low prices of sugar to the free entry of Philippine sugar into the United States, and charging that three-fourths of the sugar producYoungberg Gets Insight Into Timberlake Bill Director Stanton Youngberg of the agri­ culture bureau left Ma­ nila May 3 on a lazy tramp steamer with Mrs. Youngberg (of the Cen­ tral school high-school department) for a voy­ age round the world, and returned to Manila late in November after gaining, in America, considerable insight into the Timberlake resolu­ tion to limit the free entry of Philippine sugar into the United States to 500,000 metric tons a year—less than the out­ put predicted of our next crop. There were also forces in Cuba, he found during a week’s visit there, which tend to be in support of the legisla­ tion. The tremendous American investment in the Cuban sugar industry represents such a force. Hershey, for example, of chocolate fame, has in Cuban sugar an investment of $75,000,000, or about the present bonded indebtedness of the Philippines; and Hershey, recently made an hijo del pais by the Cuban government, favors the Timberlake project. As a bonanza farmer, Hershey favors diversification of farm industries; he is a close friend of President Machado’s, and a supporter of Machado in the limitation of the Cuban sugar crop to compel Cuban planters to diversify their crops. On this principle, if not for selfish reasons, Hershey stands with Timberlake. In fact those American interests which are chiefly involved in the Antilles may all be catalogued with the Timberlake strength, and they are big interests and very influential. Hershey went into Cuba in 1916 and has developed since that time a gigantic sugar proj­ ect in a new region. To grind his cane he has three centrals, at Madruga, Rosario, and Her­ shey. From Matansas to Havana he has built a railroad, electrified, carrying both passengers and freight—the best railroad in Cuba. His sugar is refined in his own refinery at Hershey, and bagged into weights running from 100 pounds down to five pounds, and below this put into cartons of two pounds and one pound each. On his chartered steamers this sugar is shipped, ready for the trade, to New York. When the price is right, Hershey sells; when it is advan­ tageously low, he buys. It’s a big capital game. Dr. Youngberg visited the Cuban agricultural experiment station at Santiago de las Vegas. This is principally a sugar experiment station, but by Machado’s instructions it is being extend­ ed to embrace other crops. The cristalina cane variety, almost the exclusive one in Cuba,’ is susceptible to mosaic disease; a search is being made for more resistant varieties. Several varieties brought from Java are being crossed at the station with the cristalina, and other West Indian varieties are being extensively tested out. Heretofore the station has lacked sufficient equipment, but Machado’s vigorous support is remedying this rapidly. A modern agricultural laboratory is being fitted up in spa­ cious quarters, formerly a military cuartel. This tion in the Islands is backed by foreign capital, the following information was cabled toWashington: Senator Smoot’s statement that threefourths Philippine production backed by foreign capital untrue since fifty-one per cent Filipino twenty-eight American twenty Spanish one Cosmopolitan. Present low prices due excessive production increases last three years Formosa sixty-five per cent Java forty-eight Hawaii twenty-four Phil­ ippines fourteen Cuba eleven. Since prac­ tically all sugar lands owned by Filipinos passage Timberlake resolution may precipi­ tate agrarian disturbances. Java Market: The Java market during November was reported quiet with unchanged prices for Superiors on the basis of Gs. 13-1/4 for all deliveries or equal to P7.15 per P. I. picul f. o. b. _. . r i i “Only 68 hours Dine OS in d Jine hotel Seattle or Portland while crossing America on the New to Chicago’' Onental£imitecl Seattle to Chicago—'No Extra Fare Chosen by world travelers because of its noted dining car, where one may have a delectable table d’hote or a la carte dinner, this fine transcontinental train offers the luxury and refinement throughout of a fine hotel. En route you will see magnificent views of the Cascade and Rocky Mountains, fol­ low ten great rivers, and skirt 60 miles of Glacier National Park. You reach Chicago without change of cars and make direct connections for Detroit, New York, Boston, and Wash­ ington, D. C. Great Northern representatives board ship at Victoria to make reservations for you. Full information from J. Wesley Young, G. A., P. D. 1205 Fourth Avenue Seattle, Wash. A. H. Hebb, Agent 916 Government Street Victoria, B. C. M. J. Costello, Western Traffic Manager Seattle, Wash. Cable address: Hillrail laboratory has the latest and best apparatus. Adjoining this station are the brand new build­ ings of the recently established veterinary re­ search laboratories, which had been personally dedicated by Machado a few weeks prior to Dr. Youngberg’s visit. They comprise a modem well-equipped institution. In Cuba the Machado dictatorship has just been extended six years by the reelection of that aggressive president. The government, i. e., Machado, is lavishing a great deal on Havana, one of the world’s most beautiful cities, and a very expensive place to live; but out in the prov­ inces the towns are neglected and the evidences of widespread poverty are seen everywhere. A new turnpike, being built through six provinces from one end of the island to the other, will have some perceptible economic effect—just what kind it is hard to say. At least it will be an excellent road. Over a rock base goes a thick plaster of concrete, and over this concrete an asphalt, called warrenite, guaranteed to retain a smooth surface. A Cuban company has the contract for two provinces and Warren Brothers of Bos­ Edw. A. Dye, General Agent 607 Hastings Street Vancouver, B. C. C. A.Gerken, General Agent 1009 Hearst Building San Francisco, Cal. A Dependable Railway IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 28 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 ton, owners of warrenite, the contract for the other four provinces. This latter outfit was at work, doing a first rate job. Going back to his old stamping ground, Min­ nesota, Dr. Youngberg began noticing a new crop in the fields around Grand Forks, North Dakota, in the Red River Valley of the North, which was, in his time in America, a vast wheatfield. He recognized the new crop as sugar beets, and at East Grand Forks, Minnesota, he saw the new mill which makes and refines the sugar. The third season has just closed, with an output from this mill of 200,000 bags of re­ fined sugar of 100 pounds each. From senators down, this region stands with Timberlake. “Our constituents are for it, they are growing beet sugar,” say senators. “We are going to work for it as hard as we can.” They believe it will pass. Up to the northern tier of States, then, has swept the beet-sugar industry. There come, each season, Mexican families to weed the beets, gather them and get them to the mill; and when the snow begins to BAGUIO SEASON NOW OPEN See the Mountain City in its resplendent glory and enjoy its invigorating climate Travel by Railroad Safe, Comfortable and Economical BAGUIO NIGHT SPECIAL Leaves Manila every Friday at 11:00 P. M. December Schedule for Baguio Night Special Leaves Manila, December 7, 14, 21, 28 Return Manila, December 9, 16, 25, January 1 Baguio EXPRESS leaves at 8:00 A.M. every day fly, these families go south again as regularly as birds of passage. All through the west and northwest, States swung into line for Hoover when the platform spellbinders harangued about protection for the farmer. These States are therefore all expecting something from the new administration, and the Timberlake measure is one thing they want. All the party orators gave assurances along this line. In the south, of course, there are Democratic votes tied up with the cane-sugar industry. It is predicted that Timberlake may not succeed in getting his resolution through the short session this winter, but that he surely will succeed in the next long session. This is not Dr. Youngberg’s prediction, it is what he heard in the sugar belt. Protection is quite uppermost in the American mind just now. The election speeches obligate congressmen and senators to an accounting to their constituencies. At least that’s the way they feel about it. In Cuba, W. A. Mace, who left the agriculture bureau here in 1914, is the manager of the Her­ shey central called the San Antonio, at Madruga. Attached to his big milling plant are 2,000 caballerias of cane fields, a caballeria measuring 33 >4 acres. Dr. Youngberg had a pleasant and instructive visit with Manager Mace. The Youngbergs landed at Rotterdam June 20. They had nine days in Holland, ten in Belgium, nine in England, and fifteen in Paris. In London Dr. Youngberg had luncheon at the London Club one day, where he was the guest of Messrs. H. T. Fox and the elder McPherson, both remembered figures on Manila’s rialto, both still in active business life in London. They talked Manila hemp. In front of the American Express office in Paris, one morning around 10 o’clock, Dr. Youngberg recognized at a distance two men engaged in a vigorous conversation—Messrs. Batterton and Babcock! “I'll take 5,000 bales of J-2,” said Youngberg, and the two protagonists whirled around in astonishment. It was just like being down on old calle Anloague, now Juan Luna, say in front of the International or the Hongkong-Shang­ hai. The three repaired to a cafe, and talked Manila hemp! Fred and Mrs. Prising were also seen in Paris. Beautiful was the English country, in Devon­ shire and Sussex. Clovelly was visited, and, of course, a trip made to Stratford-on-Avon, where a troupe of stars were heard in The Taming of the Shrew. Accommodations in the Red Horse Tavern were not comfortable, and dear at 22 shillings. Still it was the same old tavern, with the Irving relics preserved in the Irving room. No justice could be done the British Museum, only enough could be seen in the time at hand to whet the appetite. At Louvain, Belgium, the students’ strike was on when Dr. and Mrs. Youngberg was there, over the legend that was to be inscribed on the dedicatory tablet of the library. This was a dispute with the new cardinal, Mercier’s suc­ cessor, and it went to the courts. The library was restored by the schools of America. Each con­ tributing school has a stone in the new building. Steaming toward Barcelona, the captain of the ship on which Dr. and Mrs. Youngberg traveled from Manila received instructions to call at Alicante, on the southeast coast. This gave three unexpected days for Spain, palpably activated by the Rivera dictatorship. REVIEW OF THE HEMP MARKET By L L. Spellman Macleod and Company Passenger rates lower than last year First Class Third Class Manila to Baguio, one way........................................ f* 14.33 F 6.39 Manila-Baguio, round trip, 120 days........................ 23.32 11.78 Manila-Damortis, one way........................................ 8.88 3.89 Manila-Damortis, round trip, 20 days...................... 13.32 Manila-Bauang Sur, round trip, 20 days................ 15.24 ....... Manila-Bauang Sur, one way.................................... 10.16 4.51 Sleeper berth on night trains each way .................. 5.00 ....... NOTE:—Sales of third class round trip tickets between stations discontinued October 15, 1928. Baguio Night Special makes connection with Luzon Northern Transportation at Bauang Sur, where it arrives at 7:07 A.M., enabling travelers to Ilocos Provinces to reach destination on the same day. Manila Railroad Company This report covers the Manila Hemp mar­ ket for the month of November with statis­ tics to December 3rd, 1928. U. S. Grades: The market opened firm with buyers in the U. S. and Canada paying as follows: E, 14-1/2 cents; F, 10-3/4 cents; G, 8-1/8 cents; I, 10-3/8 cents; JI, 9-1/8 cents; SI, 10-1/2 cents; S2, 10-1/8 cents; S3, 9-1/8 cents. During the first few days the market was decidedly firmer but in the absence of demand, prices eased off and by the middle of the month sellers were offering on the basis of F, 12-1/2 cents; I, 10-3/4 cents; JI, 8-3/4 cents. At the end of the month shippers had withdrawn from the market owing to a recent typhoon. The hemp districts pro­ ducing U. S. grades are reported to be severely damaged and this may cause a marked decrease in the production of the better qualities. Nom­ inal prices are E, 14-3/4 cents; F, 11-1/2 cents; G, 8-3/4 cents; I, 10-3/4 cents; JI, 9-1/4 cents; SI, 11-1/4 cents; S2, 10-1/2 cents; S3, 9-1/2 cents but very little, if any, hemp could be purchased at these prices. The market in Manila for U. S. qualities was firm at the beginning of the month with shippers paying E, P32; F, P24; G, P17.4; I, P23; JI, P20; SI, P23.4; S2, P22.4; S3, P20. On the strength of encouraging reports from the U. S. market, prices moved up about Pl.00 <N RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 29 a picul during the first week but by the middle of the month had settled down to the following quotations: E, P33.4; F, P25.4; G, P18.2; I, P23.4; JI, P19.4; SI, P25; S2, P23; S3, P20. These prices were barely maintained for the balance of the month but the market closed strong with dealers reluctant to sell. Nominal quotations are: E, P33; F, P26; G, P18; I, P23.4; JI, P19; SI, P25; S2, P23; S3, P19. U. K. Grades: The London market opened with buyers at J2, £37.5; K, £34.5; LI, £33.15; L2, £27.10; Ml, £28.10; M2, £26.15; DL, £25; DM, £24. The market gradually eased and by the middle of the month there were sellers rather than buyers on the basis of J2, £35.10; K, £32; LI, £31.5; L2, £25; Ml, £26.10; M2, £24; DL, £23.10; DM, £22. Towardtheend of the month the market was firmer and shippers were offering sparingly owing to reported damages in the hemp-producing districts. The market closed strong with prices nominally as follows: J2, £37.5; K, £35.10; LI, £34.15; L2, £27.10; Ml, £28.15; M2, £26; DL, £25.10; DM, £24. In Manila at the beginning of the month exporters were buying at the following prices: J2, P16; K, P14.4; LI, P14.2; L2, Pll; Ml, P11.4; M2, P10.6; DL, P10.2; DM, P9.4. Early in the month some contracts were made at rather higher prices but by the middle of the month prices had settled down to J2, P16.2; K, P14.4; LI, P14; L2, Pll; Ml, P11.4; M2, P10.6; DL, P10.2; DM, P9.6. During the last week sales were reported on the basis of J2, P16; K, P14.4: LI, P14; L2, P10.4; Ml, Pll.2; M2, P10, DL, P10; DM, P9.4. At the end of the month, however, all dealers were holding off and practically no hemp was available. Japan: Japan bought very little hemp during the month as consumers evidently refused to follow any advance in the market. Exchange declined, which is also against the Japanese buyers. Freight Rates: There is no change in freight rates. Production: Last month’s report mentioned a severe storm in the Davao district during the latter part of September. The final survey shows a large number of mature hemp stalks Manila Cordage Co. P. O. Box 131 Manila, P. I. TOWLINE BRAND High Quality Pure Manila Rope CROWN BRAND Good Quality Pure Manila Rope PLOW BRAND Mixed Fiber Rope Low in Price DRAGON BRAND Made of Pure Philippine Maguey Ask for Prices were blown down and this will slightly increase the production for October and November and possibly December. The damage was not sufficient to cause a falling off in production later on. Production in other districts has been running heavy with a falling off in the better grades and a corresponding increase in the lower grades. The recent typhoon has unquestionably severely damaged the hemp plantations in Leyte, Samar and Sorsogon and to a lesser extent in Legaspi. These districts may con­ tinue to produce a normal amount of hemp for the next two or three months or may even increase the usual quantity but it is thought there will be a decided falling off by February or March and that it will be five or six months before production returns to normal. Statistics: The figures below are for the period ending ecember 3rd, 1928. Manila He p On hand January 1st. . . Receipts to date............... 1928 Bs 139,624 1,278,789 1927 Bs 112,382 1,189,763 Supply to date............. 1,418,413 1,302,145 Shipments to— U. K................................. 330,126 311,964 Continent........................ 204,884 140,343 U. S. ......... 359,044 365,264 Japan............................... 295,714 239,886 All Others...................... 44,267 45,950 Local Consumption......... 51,000 48,000 Total Shipments.......... 1,285,035 1,151,407 “North Coast Limited” “Finest”— “the finest train in the world and I have traveled on all that are worth talking about”—Samuel Hopkins Adams, Auburn, N. Y. “Best”— “equipment the very best, service splen­ did—a wonderful train”—N. A. Peter­ son, San Francisco. ______ XJOW on a new, fast schedule—68 hours between the North Pacific Coast and Chicago! Leaves Seattle at 11:00 A. M. for all the principal cities of the United States. Two days of sightseeing through America’s greatest mountains. A particularly satisfying feature of Northern Pacific travel Is its diner service. New-style Observation-Club car with deep, restful lounge—cushioned chairs—library—writing corner—club rooms— showers—and maid and valet service. The Japan Tourist Bureau, American Express Company, Thos. Cook &. Son, Shanghai Commercial &- Savings Bank, or any trans­ Pacific steamship company will gladly furnish additional information. Oswald Crawford, G. A. 501 Granville Street Vancouver, B. C. E. E. Blackwood, G. A. 912 Government Street Victoria, B. C. Northern Pacific Railway (352) "First of the Northern Transcontinentals” TOBACCO REVIEW Alhambra Cigar and Cigarette Manufacturing Co. Leaf: Export figures show a record amount of approximately kg. 4,000,000, two-thirds of which went to the Spanish Monopoly. Exports to the United States hold an average figure of Kg. 180,000. Details are as follows: Leaf Tobacco and Scrap Kilos Algeria........................................................ 28,347 Australia..................................................... 27,965 China.......................................................... 35,390 Hongkong................................................. 19,787 Japan.......................................................... 167,268 Java............................................................. 1,124 North Atlantic (Europe).................... 902,228 Spain........................................................... 2,561,352 Straits Settlements................................. 2,580 United States.......................................... 180,365 3,926,406 Cigars: Shipment to the United States again suffered a slump of about 12% compared with both, the preceding month, and the month of November of 1927 as shown by the following figures: November 1928, 13,926,491; October 1928, 16,110,715; November 1927, 16,378,266. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 30 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllli Commercial Printing is a silent but powerful messenger, and your letter­ heads, billheads, cards, envelopes, etc., when well printed, all help to build up that feeling of confidence so much desired in this modern business age. Close personal attention to every phase of a printed job is an invariable feattire of McCullough Service, and our repu­ tation for producing good printing merits your patronage. McCullough printing company 424 RIZAL AVE. Phone 21801 manila, p. I. YOUR LOGGING PROBLEM can be solved readily by some type of WASHINGTON LOGGING ENGINE The Washington Simplex Yarder above leads all Yarders in ease of operation and low cost of upkeep. Washington Iron Works, Seattle, U. S. A. Agents for the Philippine Islands The Edward J. Nell Co., Ltd.,—Manila. WASHINGTON ENGINES COPRA AND ITS PRODUCTS By E. A. SEIDENSPINNER Vice-President and Manager, Copra Milling Corporation Copra. —Throughout the entire month of November, local prices for copra were well maintained and all offerings were readily ab­ sorbed. With this buy­ ing activity provincial prices were advanced gradually and as a result Manila prices were rais­ ed to P1O.75 for BuenCorrienteand Pl2.00 for arrival resecada up to the appearance of the very destructive month end typhoon. After the typhoon prices were further advanced to Pl 1.00 for Buen-Corriente and P12.25 for resecada. We have been unable to corroborate any considerable damage to coconut trees in the Laguna-Tayabas section and up to the present we are not in possession of accurate data covering crop damage in the stricken area thru the Southern Islands. There will unquestionably be for the next few months an abundant supply of copra made from nuts brought down by the typhoon. Actual crop losses will be reflected in arrivals after March, 1929. Total arrivals at Manila during the month were 441,704 bags as compared with 227,700 bags for November, 1927. Latest cable advices follow: Manila, buen corriente, P10.75 to Pll.00; Resecada, P12.00 to P12.25; San Francisco, 4-15, 16 cents; London, f. m. m., £24 10 0. Coconut Oil.—The U. S. market for coconut oil was dull and uninteresting during the first half of the month but inquiry improved during the last 10 days of November. Scattered tank car sales were noted at 8 cents f. o. b. Pacific coast, with prices later advanced to 8-1/8 cents f. o. b. coast during the closing days of the month. Unquestionably the advance was caused by a strengthening of sellers’ ideas due to the typhoon rather than any strength in competing fats and oils. The Government Cotton Crop Report indicated a yield of 14,133,000 bales. While cottonseed oil prices were well maintained during the first half of the month, closing quotations showed the market lower and easier. Latest cable advices follow: Manila, in drums, P.36 per kilo asked; San Francisco, $.08-1/8 f. o. b. tank cars; London, no quotation. Copra Cake.—The Continental market for copra cake has been sluggish thruout the entire month with consuming buyers indifferent as a result of resale offerings. Due to the premium on nearby shipment, there was a tendency during the closing days of the month to sell nearby and purchase futures. As regards the local situation, there is little bearish sentiment manifest as the majority of mills are well sold up into the new year. Latest advices follow: Hamburg, afloat, £10/6/0; January/'February £10'2/0; Manila, buyers, P74.00 November/ December shipment; P68.00 to P70.00 Jan­ uary/February/March. RAIL COMMODITY MOVEMENTS By M. D. Royer Traffic Manager, Manila Railroad Company The following commodities were received in Manila October 26, 1928 to Nov. 25, 1928, both inclusive, via Manila Railroad: Rice, cavans....................... Sugar, piculs...................... Tobacco, bales.................. Copra, piculs..................... Coconuts.............................. Lumber, B. F.................... Desiccated coconuts, cases................................. 1928 Nov. Oct. 90,250 92,000 173,040 4,816 6,840 20,160 221,600 268,300 2,687,300 2,079,000 483,300 653,400 18,696 21,812 REAL ESTATE By P. D. CARMAN San Juan Heights Addition 1928 sales to De­ cember 1st total P15,614,222, which, with­ out December, exceeds any yearly totals since 1920! With a fair show­ ing this month, 1928 should at least equal the P1 7.677.81 1 of 1920. From a total of only P8,227,859 in 1921 yearly sales gradually rose each year to 1926 and 1927, both of which years showed quite a decided decline. It is therefore gratifying to note that Manila Real Estate has this year not only recovered from the slump of the two pre­ vious years but is likely to equal 1920, one of the best years of which we have record. Soles City of Manila Santa Cruz.................... Binondo........................... San Nicolas.................... Tondo............................... Sampaloc........................ Sta. Mesa....................... San Miguel.................... Intramuros...................... Ermita............................. Malate............................. Paco.................................. Santa Ana...................... Pandacan........................ Quiapo............................. Pl,110,229 Pl,677,678 October, 1928 November. 1928 P 220,251 P 365,067 226,000 71,500 5,476 62,400 176,983 72,07 70,760 390,06 i 56,300 — 34,583 2,500 10,500 25,000 106,348 151,0'; 95,889 52,9)5 33,730 68,010 5,600 124,454 1,309 50,788 66,500 241,875 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 31 Commodities Coconut Oil.......................................... Cigars (Number)................................. mbroidery.......................................... iaguey.................................................. eaf Tobacco....................................... esiccated and Shredded Coconut, ats (Number)................................... imber (Cubic Meter)..................... >pra Meal.......................................... notted Hemp................................... :arl Buttons (Gross)....................... . nton (low grade cordage fiber).. . Other Products........................... Total Domestic Products................. United States Products.................... Foreign Products................................. Grand Total....................... IMPORTS PRINCIPAL EXPORTS Quantity October, 1928 Value % Quantity October, 1927 Value Monthly average for 12 months ending October, 1928. Quantity Value % 0 .. P16,142,725 P 2,553,854 9 17,941,349 4,846,999 17 23,448,688 7,378.631 26 36,254,025 6,655,883 23 18,949,526 784,423 2 965,711 3 1,401,243 279,140 0 1,341,724 417,746 1 1,928,858 712,060 2 202,778 958,653 3 12,155 375,060 1 10,061,964 728,558 2 457,892 229,425 0 23,039 76,887 0 61,670 53,420 0 491,840 84,595 0 785,196 2 0 7,181,972 P 1,159,084 5 2 13,200,881 5,214,842 23 2 12,853,908 4,376,585 20 7 25,759,913 4,996,677 22 7 20,605,627 937,413 4 3 859,048 4 9 1,207,573 279,644 1 4 2,651,153 837,998 3 4 1,751,272 650,488 2 3 97,327 472,707 2 2 9,813 347,842 1 6 8,396,008 494,191 2 8 438,910 269,711 1 3 15,615 53,622 0 2 73,685 60,326 0 3 936,744 243,361 1 8 538,186 2 3 47,863,310 P 7,877,667 31 8 13,612,272 4,523,177 18 0 11,168,768 2,364,778 9 8 18,904,262 3,373,221 13 3 18,095,022 792,997 3 0 620,953 2 3 1,462,947 290,573 1 9 1,919,202 573,946 2 9 1,659,144 576,419 2 2 94,649 390,443 1 5 13,464 461,158 1 2 8,045,057 482,079 1 2 532,222 293,789 1 2 11,573 30,767 0 3 75,604 7,730 1 693,748 149,933 0 4 2,158,199 8 P27,830,934 99 137,885 0 17,422 0 4 P21.648.921 99 5 118,742 .0 1 24,062 0 4 P24.827.520 99 5 99,918 0 1 40,391 0 P27.986.241 100 0 P21.791.725 100.0 P24.967.829 100 5 2 6 6 NOTE:—All quantities are in kilos except where otherwise indicated. CARRYING TRADE EXPORTS Monthly average for October, 1928 October, 1927 12 months ending Nationality of October, 1928. American........................... British................................. Japanese............................. Dutch................................. German............................... Norwegian......................... Philippine........................... Spanish............................... Chinese............................... Swedish............................... Dannish-............................. Csechoslovak................. . Value%Value%Value% Monthly average for October, 1928 October, 1927 12 months ending Nationality of October, 1928. PIO,761,584 5,262,741 739,903 549,431 1,795,925 4,531,479 149,082 23,515 4,462 43.1 Pll,214,651 21.0 5,241,014 2.9 1,115,822 2.2 620,688 7.2 1,006,995 18.1 0.6 274,695 0.1 77,224 3,398 155,520 0.6 149,790 0.6 55.9 P10,398,999 26.1 6,398,209 5.4 1,082.420 3.0 741,497 4.9 1,454,009 154,402 1.2 162.276 0.4 167,603 40,116 13,628 By Freight-.’..................... P24.123.432 96.4 P19.554.487 96.9 P21.502.261 97.7 By Mail............................. 912,618 3.6 649,149 3.1 421,650 2 3 American. . German.. .. Norwegian. Spanish.. .. Dutch........ Philippine.. Swedish.. .. Dannish... . By Freight. By Mail. .. Value % Value % Value % P12.873.270 45 8,904,935 31 1,346,922 4 1,102,187 3 88,327 0 696,529 2 667,004 2 84,110 0 58,559 0 638,401 2 9 P 9,165,594 9 7,429,561 9 2,441,280 9 992,472 41.8 Pll,499,372 33.9 7,748,686 11.3 2,268,929 4.7 872,481 458,562 103,675 3.6 432,670 91,694 0.1 13,889 485,446 Total....................... P25.036.050 100.0 P20.203.636 100.0 P21.923.911 100.0 Total....................... P26,460,252 94.6 P20,822,214 1,525,989 5.4 969,511 95.6 P24.348.024 97.5 4.4 619,805 2.5 P27.986.241 100.0 P21,791,725 100.0 P24.967.829 100.0 YULETIDE GREETINGS “IT PAYS TO BUY QUALITY” HIKE SHOE FACTORY , 286 San Marcelino Manila, P. I. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 32 THE AMERICAN CHAMBER OF COMMERCE JOURNAL December, 1928 BUSINESS AND PROFESSIONAL DIRECTORY Kerr Steamship Co., Inc. General Agents “SILVER FLEET” Express Freight Services Philippines-New York via Java and Singapore Roosevelt Steamship Agency Agents Chaco Bldg. Phone 2-14-20 Manila, P. I. Myers-Buck Co., Inc. Surveying and Mapping PRIVATE MINERAL AND PUBLIC LAND 230 Kneedler Bldg. Tel. 2-16-10 ILgarcia^ STA. POTENCiANA 32 TEL. 22715 OlTS COLOR PLATES HALF-TONES g^ZINC-ETCHINGjj PHILIPPINES COLD STORES Wholesale and Retail Dealers in American and Australian Refrigerated Produce STORES AND OFFICES Calle Echague Manila, P. I. MACLEOD & COMPANY Manila Cebu Vigan Davao Iloilo Exporters of Hemp and Maguey Agents for INTERNATIONAL HARVESTER CO. Agricultural Machinery Rosenberg’s Garage TELEPHONE 5-69-55; <T ® ft f CHINA BANKING CORPORATION . MANILA, P. I. Domestic and Foreign Banking oj Every Description “LA URBANA” (Sociedad Mdtua. de Conatrucci6n y Prtstamos) Prestamos Hipotecarios Inversiones de Capital 111 Plaza Sta. Cruz Manila, P. I. P. O. Box 1394 Telephone 22070 J. A. STIVER Attorney-At-Law Notary Public Certified Public Accountant Investments Collections Income Tax 121 Real, Intramuros Manila, P. I. HANSON & ORTH, Inc. Manila, P. I. Buyers and Exporters of Hemp and Other Fibers 612-613 Pacific Bldg. Tel. 2-24-18 BRANCHES: New York—London—Merida—Davao SALEEBY FIBER CO., INC. Fiber Merchants P. O. Box 1423 Manila, P. I. Room 318, Pacific Building Cable Address: ‘‘SALEFIBER’’ No Irregularities Society of All Nations, International in Scope, Civic, Educational, Charitable, Fra­ ternal, Social and Industrial. A Branch in your Community will help its progress in every way. After an existence of six years in the Philippines, the Bureau of the Treasury of the Philippine Government examined the books and records of this organization and found it to be one of the few large fraternal and mutual aid societies without irregular­ ities or anomalies. Red Rovers of the World of the P. I., Inc. De la Rama Bldg. No. 2—Roo^J3 P. O. Box 1141 /Blamla, P. I. MADRIGAL & CO. 8 Muelle del Banco Nacional Manila, P. I. Coal Contractors and Coconut Oil Manufacturers MILL LOCATED AT CEBU Derham Building Phone 22516 Manila P. O. Box 2103 MORTON & ERICKSEN, INC. Surveyors AMERICAN BUREAU OF SHIPPING Marine and Cargo Surveyors Swom Measurers Mr. MANUEL VALENTIN TAILOR Formerly Chief Cutter for P. B. Florence & Co. 244 Plaza Sta. Cruz Manila, P. I. Phone 2-61-30 The Earnshaws Docks and Honolulu Iron Works Sugar Machinery Slipways Machine Shops Port Area Manila, P. I. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL CORONAS ORIENTE EL ORIENTE FABRICA DE TABACOS, INC. 72 Calle Evangelista MANILA MANUFACTURERS OF Coronas Oriente Jean Valjean Fighting Bob HIGH GRADE CIGARS WEANDSCO Western Equipment and Supply Co. Distributers in the Philippines for Western Electric Co. Graybar Electric Co. Westinghouse 119 Calle T. Pinpin P, O. Box C Manila, P. I. Recommended By Leading Doctors Drink It For Your Health’s Sake TEL. 5 73-06 Nature’s Best Mineral Water NOW’S THE TIME! gEND in subscriptions for your friends in the United States — men who are (or cught to be!) personally concerned fcr the welfare of the Philippines. Make it a Christ­ mas gift, and Do It Now! Z.V RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL Fundamentally Sound The speed, pick-up and get-away that distinguish Dodge Brothers Standard Six would be meaningless were they not made safe and practical by the staunchness of Standard Six construction. The surplus power which this car places at your disposal —1 horsepower to every 47 pounds of weight—could not be utilized economically except for the sou-cness of Standard Six design. Performance based upon skillful engineering, beauty founded upon sound principles of line, proportion and color, make Dodge Brothers Standard Six a car you can be proud to drive in any company. Investigate before you buy a motor car. Dodge Brothers complete line of passenger vehicles includes the Standard Six, the Victory Six and the Senior Six. WE ARE NOW SHOWING THE 1929 MODELS Sole Distributors: ESTRELLA AUTO PALACE LEVY HERMANOS, INC. 536-568 Gandara ILOILO — MANILA — CEBU Dodge- Brothers Standard Six IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOUl.