Mr. Lloyd George's forthcoming book of reminiscences, which ranks along with the Kaiser's memoirs as the most highly paid literary production on record, is going to bring into the Treasury a very nice sum, it is said. The enormous total of £100,000, it is understood, has been offered for it, and only the other day Mr. Lloyd George announced that it was his intention to hand the total over to war charities. But frst of all the Income Tax Commissioners have to carve their slice out of it, and it is said that this will amount to no less than £50,000, for apparently when people have incomes as large as that, even though they only achieve them once in a lifetime, taxes run up to the half-way mark, Of course as these taxes were introduced in his own term of office nobody would dream of—wasting any sympathy on Mr. Lloyd George, although as the money is going to war charities feelings may be rather different. Another man who, it is understood, must have made a very handsome contribution to the nation's income in recent months, is understood to have been Mr. A. S. M. Hutchinson, the author of "When Winter Comes," which is said to. have brought in about £30,000. If he retained much more than half of that he could expect no more in present circumstances. Still these people do not seem to have fared so badly as Georges Carpentier after_his match with Dempsey. The French authorities somehow proved that boxing could be brought under the heading of luxuries and they ara believed to have managed to collect about two-thirds of Carpentier's purse through the provision of the special luxury tax.
Mr. Pei Yun-cheng of the Fu Foong Cotton Mill has been appointed a delegate to accompany Mr. H. Y. Moh to the Pan-Pacific Commercial Conference, Mr. A. E. Crapnell has retired from business in Hongkong amd has left the Colony for England, where he wilh in future reside. Mr. Crap-nell arrived? in Hongkong st the aga of 22 to join the office staff of the old-established firm of Messrs. Lane, Crawford & Ca. This was in 1902, and he remained with the firm until 1910, in which year he transferred his services to Mi E. & Kadoorie & Ca., and their successors, Messvs. Moxon Taylor, stock and exchange-brokers. Mr. Crapnell returned to Lane, Crawfords in 1918 as manager, and in October of the same year became managing-partner. Upon the firm being converted into a limited liability company, ha became chairman of the managing-directors. Mr. CrapneW has always been an enthusiastic Mason, and for_ long took an active part in the Volunteers.
Text read from the printed page and cleaned; old type leaves the occasional error.