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HONG KONG, SATURDAY, JANUARY 29, 1927.
BANK POLICY.
BIG EFFECTS ON BRITISH TRADE.
VIEWS OF AN EXPERT..
London, Jan. 28.
The re-establishment by the Bank'
of England on the same reserve
basis as the Federal Reserve Banks
LATEST MARVELS.
Television a Practical Success.
TALKING TO AUSTRALIA.
Rugby, Jan. 28. Senatore Marconi at a lunch
THREE YEARS.
SHIP'S COOK FOUND WITH - ARMS.
ACTED AS AGENT
A Chinese who was searched at. the junction of Wing Lok. Strest: and Bonham 'Strand was found to
waist underneath his jacket. He revolvers strapped around his was brought up at the Magistracy yesterday.
bank was suggested by Mr. Reginald eign Press Association, expressed of the United States or the Reichs-given in his honour by the For-have in his possession two new McKenna presiding at the annual the conviction that before long
meeting of the Midand Bank.
Đ
Mr. McKenna said if that were television would be brought to al done the Bank of England would practical success, and thus en have a reserve for higher than at able the transmission of the present and could work with a much vision of actual events over any greater freedom of policy and with distance. manifest advantages
British Senatore Marcon said that the Trade.
Contrasting the trade depression ning to show its possibilities.
beam system was only now begin- of Britain during the past six years
During the last few weeks, with compared with the prosperity of America, Mr McKenna pointed out the co-operation of the Post Office
The defence put forward by Mr. L. D. Turner, appearing on his behalf, was that defendant was asked to get the firearms by certain Chinese on the "Presi dent Madison." The guns were to be handed to this man who was going to Kongmoon. As he
this, the defendant, who had a large family to support,, had suc-| cumbed to the temptation. De fendant was stated to be cook on the as, "Wing On." There was no evidence, said Mr. Turner, to show that defendant intended so commit a felony.
that while the average total de-and the Canadian Marconi Com-was to receive money for doing posits of the Federal Reserve Banks roso from £2,800,000,000 in 1922 to 23,781,000,000 in 1926, the total de poalts of the ten London clearing banks feft in the same period from 21,783,000,000 to £1,661,000,000.
The total bank cush was deter- mined almost entirely by the action of the Bank of England, which was governed by a rigid system,
the
Mr. McKenna expressed opinion that the divergence between English and American monetary policy since 1921 partly explained the differences in trading condi tions.-Router:
SLAVERY IN BURMA.
GOVERNOR'S WARNING TO
CHIEFS.
COLLIERY DISASTER, ·
Fatal Explosion at Home..
an ex-
Rugby, Jan. 28. Four men were killed and eleven were injured im plosion which took place to-day in a colliery at Cetterhapper (2) near Deal.
new
The colllery is part of # coalfield which is being developed in Kent-British Wireless Ser- viče,
pany, tests had been carried out between England and Canada which had demonstrated that the beam system was capable of being, Rangoon, Jan. 10. Myitkyina, Jan. 10-At a durbar, utilised not only for telegraphy ever & hundred: Kachin Chiefs from but also and at the same time unadministered territory in Myib-for telephony.. kyina attending, the Governor 'em- phatically announced, the British Governmont's unalterable decision for the abolition of slavery and
4
Done With Ease.
Sentence of three years' hard labour was passed.
SOVIET GOLD.
LARGE SUM TAKEN OUT OF ENGLAND.
London, Jan, 22. The Daily
Mal says that £1,600,000 in gold, property of the, Russian Soviet government, has been withdrawn from the Bank of England and placed aboard ship, consigned to greatest secrecy, attended the re Petrograd. The
moval. The money weighed twelve tona. The newspaper says Russia is alarmed at the English|
One of his assistants had suc-anti-Rad campaign and is eager to
secure her assets. »
the early despatch of Mr. Barnard ceeded in exchanging with easa and other officers to arrange the clear telephonic conversations elouse of slaves and compensete, as with persons in Canada at the was done the Hukawng Valley, same time that the same stations. Once the price was paid the slaves were transmitting and receiving and their descendants would be
iree. The Governor added that high-speed telegraphic messages henceforward slaves as a sale or without any mutual interference gift must discontinue. The country or disturbance..
NOTICE.
HUMPHREYS ESTATE AND FINANCE CO, LTD.
the Chiefs occupied belonged to the This, in his opinion,, meant that TOTICE IS HEREBY GIVEN British Government. Slavery must it would soon be possible to estab
N that
the ANNUAL OR- be abolished this year in Triangle lish telephonic, as well as tele- DINARY GENERAL MEETING of and elsewhere in the Kachin Hills. graphic services, not only with SHAREHOLDERS in this COM- The Governor assured his friendly Canada, but with Australia, In-PANY will be held at the Hong interest to the Chiefa who realised the British Government's deter- dia, South Africa and other dis-Kong Hotel, Hong Kong, on mination for abolishing slavery. tant countries served by beam SATURDAY, the 12th February, It le estimated that this decision stations.-British Wireless Ser-1927, at 11 am. for the purpose of would liberate 5,000 alaves.
GRUESOME CARGO.
COFFIN MYSTERY NOW EXPLAINED.
A gruesome discovery was made among the cargo landed at Sydney recently from the French steamer "Ville de Verdun,” in the shape of a
heavy coffin.
įvice.
ELLEN TERRY BETTER.
London, Jan. 8. Miss Ellen Terry is reported to day to be going on very well indeed.
Her doctor is greatly pleased with her progress.
It was not known whether it con- tained a body, and concern was ex~ || ** pressed by officials of the Mea- sagories Maritimes Co., at Sydney, as to the best course to taks.
The Ville de Verdun had left Sydney for Noumea, and it was de-
receiving the Report of the Direc tors together with a Statement of Accounts for the year ended 31st December. 1926.
The TRANSFER BOOKS of the Company will be CLOSED from the 5th February to the 14th February (both days inclusive), "during which period. no transfer of shares can be registered,
JOHN D. HUMPHREYS & JON, General Managers. Hong Kong, 29th Jan, 1927,
BUSINESS DIRECTORY
1.30 p.m. cided that the best thing to do was Bookbinders.
p.m.
9 BIL
8.30 a.m.
Noon
2.80 p.m. 6.р.л.
to send the coffin to funeral par- lours in the city.
11
Later it was learned that the con had been kept on the ship in case of emergency, and that it had been landed in error.
The coffin is 'now on a wharf at Jones Bay, Sydney, and will be taken on board the "Ville de Ver- dun" again when she returns from Noumoa.
PRINCE CAROL.
Paris, Jan. 23.
It is reported in Roumanian circles here that King Ferdinand has won bis fight for political 10:30 am. and dynastic dominion in 11.30 am. Roumania and it is now virtually
2 p.za.
2.30 pm.. 6.p.m.
THE "CHINA MAIL", Book
binders.
No. 5, Wyndham Street.
Dentist.
HARRY FONG, Dentist,
1st floor, No. 74, Queen' Road Central Tel Central No, 1255,
Electrical Supplies.
THE GLOBE FOOK CHEONG ELECTRICAL SUPPLY CO., LTD. 72, Queen's Ed., Central, Tal. C. 8270,
Engineers &
Shipbuilders.
W. 8. BAILEY & CO., LTD.,
Engineers and Shipbuilders,
Kowloon Bay. New Work & Repairs.--
Call Flag "L" Sole Agents for Kelvin Motors.
1
certain that his son, Prince Carol, will aucceed him on the throne, It is also reported that Ferdinand will abdicate his throne in a few weeks in order to proceed to France to ware a battle for his life against a. ав ease which has been undermining Hair Dressers his health for years..
EUROPEAN CLUB BURNT
Calcutta, Jan. 10. Bhillong, Jan10-The European Club way burnt to ashes early, this k morning Never in history has Shillong witnessed such a terrible fire which consumed the magnif. 8:30 am Cant builiding in at hours leak
The low estimated at over a lakh of rupeas. The fire sty
Booksellers. CALEB TERLAMALAR
Ladies and Gentlemen's
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THE HONG KONG OPTICAL CO.,
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Booksellers R
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