Page
STINNES MILLIONS.
SUBSIDIARY FIRM'S DIFFICULTIES.
"BANKS TO RESCUE.
Magnate's Son To Take General Control.
Reports that one of the Hugo Stines companies is being rcorganized recall one of the most remarkable careers in modern industry.
HOPE GONE.
Entombed Miners Doomed.
EXPLOSION DISASTER.
SEVENTEEN MEN FACING DEATH,
THE CHINA MAIL.
AERIAL TERRORS.
WHAT MAY HAPPEN IN NEXT WAR.
EXPERT'S DREAD,
The Best Means of Defending the Empire.
The opinion that the advantages of aviation in the service of civilisation in peace may be more than out-balanced by the wreck that air warfare may bring has been expressed by the Air Chief Marshal, Sir. Hugh Trenchard..
· (Router's' American Service,).
Sturgis, Kentucky, June 9. Stinnes, jr., takes over the gen- It now appears that seventeen eral direction, while three bank- miners may be entombed by an The Air Chief Marshal, Sir mobile units could defend the ing experts will join the super-explosion in the West Kentucky Hugh M. Trenchard, addressing Empire more economically and visory board for maritime trans. Coal Co.'s mine and there is prac-the Cambridge University Aero- more effectively than could the port and overseas trade.
tically no hope of rescuing them nautical Society, said: "Although navy or army, and would ade- alive.
the Empire is peculiarly and geo-quately protect the trade routes. graphically fitted for an air war, "Most naval battles have been surpassing in that respect any other country, I would like to abolish the atmosphere, because the horror and, devastation of air warfare outbalances the benefits of, civil air services.
BANKERS' MEETING.
"(Router's Servica.)'
London, June 9. In connection with the position It is understood that the big of the Stinnes firm, the Stinnes banks have guaranteed financial newspaper "Deutsche Allgemeini support to the extent of 44,000,- The foreign Zeitung admits that reorganisa-000 reichsmarks. tion is proceeding not in connec credits of the firm have still a tion with the "Stinnes concern," considerable ime to "run. the Stinne's Rhein Elbe Schuckert
FOUNDER OF THE COMBINE
Hugo Stinnes.
Union, but in connection with the firm of Hugo' Stinnes Muelheim- am-Ruhr.
The journal expects that with the assistance of the banks, the present reorganisation will lead to renewed activity.
It is stated positively from Berlin that there was a confer- ence of bankers on June 5 under the chairmanship of the Pre- sident of the Reichsbank to inves- tigate the financial condition of
ه امیری
HUGO STINNES, JE
the firm. A scheme for the re- organisation of the concern was prepared under which Herr Hugo
MOROCCO FIGHTING.
FRENCH ADVANCE
RETREAT.
(Reuter's Service.)
POSTS
FEZ, June 9. Enemy Incursions into
the Loukkons district continue,
The French advance posts at some points have fallen back in good order.
Enemy efforts to pereirate the French lines south of Wargha have been beaten off with heavy losses,
Fez, June 9.
Last week's cables, stated that the big banks with the co-operation of the Reichsbank are coming to the rescue of the Stinnes trust with 40,000,000 marks to prevent the complete collapse of the organisa- tlon which has encountered a financial cilsis allegedly owing to taking up too many short term credits which it has been unable to meet upon maturity.
SPEED TESTS
ROUND GERMANY FLIGHT.
"'DABIES" COMPLETE CIRCUIT.
(Reuter's Service.)
Berlin, June 9, Thirty-five out of thirty-eight simman who participated in the fifth and last circuit of the round Hugo Stinnes who died on April Germany flight ap to the present 10 of last year was the "wealthiest have returned to the Tempelhof and mest influential man in Aerodrome. The winners of the Gen any. In 1897 his father, a competition will not be announced mince wher, left him a forture of for a fortnight.. 9cc0,000 gold marks (£450,000). The fastest speed of the last. His own fortune just before the circuit. was attained by. Baumer war is said to have been with a 60-h.p. Wright nachrine of 40,000,000 of gold marks. His for-488 minutes. Two babies com-
une at the time of his death was pleted this circuit in sisteen houre. I Cetimated at more than 1,000,000,000 Loerzor will probably be the win. of paper marks. In the war. Stinnes ner of the under 40-6.p. class as was the chief contractor for he has flown the greatest mileage, war material, especially iron and although he was not able to com-
plete the laat circuit through forced landing.
stecl.
Stinnes owned nearly all the German canal and river steamship lines and a big proportion of
German traosmarine
steamship
con pary shares. Together with half a dozen other industrial magnates he controlled nearly all the factories and natural resources
Rhineland of the.
and Ruhr Valley, Several of the finest German hotels were his.
At the time of his death Stinnes group controlled the greater part of Germany's coal, iron and steel supply. The greatest of the Stinnes combines. was
the Rhine-Elbe Union which produced 16,000,000 tons of coal yearly and owned innumerable smelting and steel works.
SOVIET ENEMIES. THREE DEATH SENTENCES SUSPENDED.
The
(Reuter's Service.)
MOSCOW June, 9. execution of General
PASI
EUROPE'S SECURITY.
(Reuter's Service.)
fought close to the shore. None has been fought at more than 100 miles from the shore in the past 250 years. It is a mighty long distance for share guns to shoot blindly at invisible warships, but.
"I am convinced that within 50
or 100 years the Air Force will have proved the best method for the Empire's defence. Aeroplanes are able to drop bombs on a target 10,000 feet below with greater accuracy than can be attained by guns firing 40,000 yards."
"Aerodromes should be scatter-aeroplanes are able to fly 250 miles Belavic, M. Ivaroff and Madame ed about at the most suitable and attack, damage, and chase Kizeczkovska has been suspended points of the Empire, thus obviat-ships, and so prevent a bombard-
(The Kieff. Military Tribunal ing the necessity of tying airment. concluded on June 6, the trial of squadrons to every port. These the members of an anti-Soviet or- ganisation called "Russia for the Russians," headed by an ex-Tsarist When his father was alive, General Belavin, who is accused Hugo Stinnes ir, the eldest of the of military espionage on behalf of four sons, who inherits much of Poland. General Belavin and M. his father's acumen, was required Ivanoff, who was an official on the to attend every important con- Staff of the Ukrainian, Red Army ference his parent beid. Stinnes did this on tie theory that if he and a woman intermediary, Nina Krzeczkovska, were sentenced to should die suddenly his eldest son dealb. Twelve others were should know what was going on variously imprisoned and one and be qualified to step into the
acquitted. General Belavin is The "Petit Parisien" says the breach.
alleged to have described himself proposed pact is superior to the as the ideological enemy of the preceding drafts inasmuch as it is Soviet and to have admitted the no longer a question of Britain charge.1
assisting France and Belgium but a firm determination of Britain to defend her own security on the Rhine and Scheldt.
HOME TAXES-
NO CUT IN THE TEA DUTY..
LACE TO PAY ITS SHARE
(Router's Service.)
LONDON, June 9. The House of Commons at the Committee stages of the Finance Bill rejected by 274 to 149 votes a Labour amendment to reduce the tea duty to id.
year
The Chancellor of the
Ex chequer, Mr. Churchill pointed oul that 393,000,000 lbs, of tea were consumed in the United Kingdom last •
compared with 381,000,000 lbs the previous, year, while the 1925-26 Budget estimated the consumption at 395,000,000 lbs.
LATER. In the House of Commons, the clause of the Budget embodying the tea duty was adopted by 277 to 140 votes.
LACE TO BE TAXED.
LONDON, June 9. In the House of Commons, the Premier, Mr. Baldwin, aonounced that the Government had decided, to adopt a recommendation by the committee to impose a 33% per cent, ad valorem duty on imports of lace and embroidery of all kinds. MCKENNA DUTIES.
LONDON, June 9.
15,000 MILES.
ITALIAN AVIATOR'S
FLIGHT.
(Reuter's Service.)
MELBOURNE, June 9. Major de Pinedo, the Italian aviator, has covered 15,000 miles, in an actual flying time of 145 hours.
He remains at Melbourne for three weeks to overhaul his engine.
GLIMPSE OF HOME.
MALAY CHIEF VISITS WEMBLEY.
(Reuter's Service.)
LONDON, June 9.
PARIS, June 9. The newspapers emphasise the importance of the agreement between M. Briand and Mr. Chamberlain.
EXPRESS SMASH.
RUSSIAN DERAILING
DISASTER.
(Reuter's Service.)
Moscow, June 9.
The Chit Moscow express WRE
The "Petit Journal" foresees a derailed near Novonikolaievek, similar Franco-Italian-Austrian Three people were lalled and 14 pact guaranteeing the frontiers of injured. these countries. It says that Mr. Chamberlain and M. Briand are working to obtain the adhesion of! Italy to the Anglo-French entente. In the "Echo de Paris," Pertinax criticises the proposed pact and declares that if such a system is confirmed it will be the end of any independent far seeing French policy.
GENEVA, June 9
ایم
GERMAN TITLES.
(Reuter's Service.),
Berlin, June 9. There was bitter opposition on the part of the Socialists and. Democrats in the. Reichstag to "Mr. Chamberlain interviewed by motions giving the president the Renter, made clear that the note right to confer titles and of cancell- regarding the security pact is to being laws for the protection of the presented in due course as the Republic. French statement made. in nection with the agreement be tween the Allies and M. Briand said that Belgium had approved, the note.
con-
Washington, June 9.-The De- partment of Agriculture has amend- ed the regulations under the Cotton Future Act so as to make the trans- The Yang di Pertuan Besar, the
of Athens, June 9.-The insurrec fer
a unit of certificated ruler of Negri Sembilan, paid a tion at Samos is practically ended. cotton for delivery on future con State visit to the Malaya Pavilion Three insurgents were killed in the tracts 25 instead of 100 bales. The at Wembley this morning and had bombardment by the flotilla from amendment is effective from June luncheon with the staff.
FRANCS RALLY.
(Reuter's Service.)
LONDON, June 9. All the prominent Moslems of
After the rejection of a series of
Following M. Caillaux's warning Fez visited the wounded soldiers to Labour and Liberal amendments to speculators, French francs have whom they brought many gifts. A in the course of an all night debate rallied smartly and have closed at collection nude in the Arab quar- following the time-worn fiscal 98/20. ters yielded within same hours controversial lines, the House of 15,000 frames, which the natives Commons adopted the McKenna handed over to the French authori- Duties by 186 to 67 votes. ties in order that the money should be distributed among the wounded of every religion. General Lyautey is receiving from all parts of
PREMIER'S CONCERN.
P
Paris, June 9.
Geneva, June 9.-The Labour Conference is passing through a crisis in consequence "of con- ficting views among the repre- sentative sections, of which the latest instance is the Conference's rejection, as the result of British amendments, of the draft of the convention providing
for a
Melbourne, June 9.-Major Di Morocco messages congratulating Pinedo arrived at St. Kilda in the and thanking the troops-Faves." presence of large crowd.-Reuter,
Minneapolis, June 9.-One of the main features of the four day cele In the Cabinet M. Painleve anbrations by Norse-Americans of weekly suspension of work, for nounced that he would go to the centenary of the landing of the twenty-four hours in glass fac Morocco in the evening by first Norwegian colonists in the tories where tank furnaces are aeroplane accompanied by M. Eynac United States was the address of used. The decision is unfavour
the the under-Secretary for Air.
President Calvin Coolidge, who ably commented on by pointed to the Buocess of the United workers' group. It is believed Washington, June 9-Official Statos in fusing together the diverse that an experimental system of circles are interested in telegrams peoples as an example to the world having two readings of measures from Ottawa, stating that Canada in an effort to bring about the at different sessions has falled has decided to send moanted police fraternity and co-operation of and a modification of the standing! to the Arctic to establish patrols on peoples of apparently conflicting ordersin regard to the composition the inlinde north of the runintend
Athens. Others led but will be 16, and applies to the transfer be- rounded up. The Greek troops en-tween markets and does not affect
market. tered the capital and order was transfers within the.
Renter's American Service. soon restored.-Router.
CARA SEA
PRANZ
JOGER
LAND
A
NAMED FOR LENIN The stratch of fond in the Arctic Ocean along the 100th meridian of east langi fude, discovered about ten years ago, and heretofore know as: Nicholas It Land, will in the future be named "Lenin Land on orders from Moscow
RINE INTERNATIONAL STROZATE, EVYLOSunan vete dom,
SUMMER SHIRTS
Silk Bow Ties
Silk Wide End Ties 3.00
Handkerchiefs to
match
and
$1,50
TIES.
3.00
Fancy Crepe Silk
Handkerchiefs 3,50
Open Neck Shiris $5
Tennis Shirts
White Day Ihirts 6
Special Cotton Zephyr Self Coloured Shirts
LANE, CRAWFORD, LTD
SPECIALITIES
HARVEY'S BRISTOL MILE
OLD GOLDEN SHERRY
HARVEY'S BRISTOL CREAL
FULL PALE BERRY
CALDEECE, MACGREGOR & CO., LTD. --~14, Queen's Rond Centräl. 000202600000 000000
JOBOBODSC0 #000000
Bele Agents
"She shall have Music wherever she goes."
-:]
19
'Tol, 78: Contras
The Docca is mall, light, compact and self-contained. It give the maximum of service with the minimum of trouble. It ena be played any time and anywhere-indoors or out of doors, and it is ready to play immediately opened. The "Decca" is strongly made and self-protecting it stands any climate and the rough and tumble
of constant moving,
There is no other Gramophone like the "Decca" in appearance, and in performance it ranks with the largest and most costly makes
DECCA
THE PORTABLE GRAMOPHONE.
VOGALESET"
AT
ANDERSON'S
G.FALCONER & CO. (HONGKONG) L
WATCHMAKERS & JEWELLERS DIAMOND MERCHANTS Union Building (Opposite G.P.0.)
Agente for-- ADMIRALTY CHARTS ROSS'S BINOCULARS and TELESCOPES, KELVIN'S. NAUTICAL" INSTRUMENTS, ENGLISH SILVERWARE, direct from Manufacture
High Class English Jewellery.
CHCHENERO (5)
Cross Words Made East
Cuborge
forde
By Drinking
Tuborg Beer
Purveyors To
The Royal Danish Court.
The One and Only Danish Beer
on the Market,
6 doz. pts. 818 duty paid.
dor, qte.— 620
JOLB AGENTS.
GANDE PRICE & CO., LTD
WINE MERCHANTS,
Hongkong