Library, Supreme Court..
SIX China Mail
When the boy rolls a hoop, he doesn't have
to push it all the time
ho can stop
pushing, merely guid- ing it, and the hoop rolls freely
THATS FREE WHEELING!
HONG KONG & SHANGHAI HOTELS, LTD.
(Incorporated in Hong Kong.)
BLISHED
1945
TO-DAY'S
DOLLAR -The ising rate at the dollar ou demand, to-day was 1 d.
No. 27,755
HONG KONG, THURSDAY,
MARCH
26, 1931.
PRICE $3.00 Per Month.
CUSTOMS UNION AND BRAZIL'S WELCOME
BRITAIN.
Not to Negotiate with Austria or Germany.
FISCAL POLICY INVOLVED.
London, Yesterday.
FOR PRINCES.
Enthusiastically Cheered by Vast Crowds.
FLOWERS AND KISSES.
Rio de Janeiro, Yesterday. The Prince of Wales and Prince
TO CAR OWNERS
Use RUBBER Matting for the Floor and Running Boards of your Car;
Washable, Durable,-
More economical than
Carpet ar Linoleum,— NEATER and CLEANER.
Quotations from:
Telephone 24554.
Dunlop Rubber Co. (China), Ltd., Pedder Bldg.
CHINA INDEMNITY OUR CITY OF GANDHI HAILED AS H.K. FIRE INSURANCE LIQUOR
SETTLEMENT.
Selection of British Board of Trustees.
FINAL DECISION WITH CHINA.
London, Yesterday.
In the House of Commons at
DEATH
CHILDRENDYING
A MURDERER.
Leader Blamed for Lahore Executions.
LIKE LIES ?
CONGRESS EXTREMISM.
Karachi, Yesterday.
COMPANY.
SMUGGLING
IN UNITED STATES.
1929 The Worst Year in Revision of "Treaties
History.
DIFFICULTIES OVERCOME.
"The year under review, 1929,
Gandhi arrived for the opening will long be remembered as one of
Under Consideration.
RIGHT OF "HOT PURSUIT."
Washington, Yesterday. The State Department is seri-
In the House of Commons to-
of the All-India Congress and was the worst In the history of pre-ously considering a far-reaching day, replying to questions, Dr. George had their greatest wel question time Dr. Hugh Daiton LURID PICTURE
welcomed with enthusiasm, but sent-day fire Insurance, and it is revision of the liquor smuggling Hugh Dalton, Under Secretary come so far received in South stated that he hoped to be able to
at the railway station at Malir, a good one to leave behind us," treaties with the most important for Foreign Affairs, said that America, when they arrived make an announcement soon in
Although no active steps have Great Britain had no present aboard the s.s. Alcantara to-day, regard to the selection of the Bri-
wearing mourning badges. and in his speech from the chair at intention to negotiate with Aus-A cruiser and three Brazilian detish members of the Chinese Gov. HONG KONG AGAIN 10 miles from Karachi, youths said the Hon. Mr. J. J. Paterson of the 16 nations concerned.
carrying a black fing, hailed the annual meeting of the Hong yet been taken in the matter, it IN LIMELIGHT. trin or Germany with a view to stroyers and a dozen flying boats ernment Purchasing Commission
Gandhi as "Bhagat Singh's mur-Kong Fire Insurance Co., Ltd., is understood that the United concluding the customs union. and aeroplanes greeted the liner, and the Board of Trustees under
derer," and presented him with a held this morning in the Board States are considering submitting Such a policy would involve a A vast crowd enthusiastically the China Indemnity Settlement.
room of Messrs. Jardine, Mathea proposal to establish a 12-mile black flower. Asked whether he would con- visitors. the Royal
limit instead of the present in- radical change of our fiscal policy cheered
The extremism aroused by the son, Ltd. not only toward foreign coun-Bonds played the National An-afder the inclusion on the Board
He went on to add, however, definite one-hour sailing limit, as an engineer having a full In the House of Commons to-Lahore executions seems, how tries but toward the Dominions them and girls threw flowers and of
of the railways, day Mr. Graham White (Labour-ever, to have receded in Congress that granting nothing unusually well as a clearer definition of the and India.
kisses and batteries fired a Royal knowledge
disastrous occurred before Dec. right of "hot pursuit," in view of salute as the Princess, escorted Dr. Dalton replied in the affirmite, East Birkenhead) asked that circles-Reuter.
81 next, there was every reason the I'm Alone and "Josephine K" by dragoons, drove up palm lined ative, and said that they had been a report be called from the Gov. avenues to the magnificent giving a good deal of considera- ernor of Hong Kong in connec- EFFECT OF INDIAN to look for a final showing that cases.
would bear favourable compari- Berlin, Yesterday..
It is thought that Washington son with the most prosperous of may use as a lever a threat to Replying to the representations Guenabura Palace, where they tion to the choice of nominees to tion with the 1300 dead children
its forerunners.
withdraw the concession to for of the British Ambassador re- were the guests of the Govern- submit to the Chinese Govern-alleged to be picked up yearly in
ment, with whom the final deci-the streets of Hong Kong. garding the Austro-German cus-ment.
sion rested. He hoped that when Dr. Drummond Shiels replied
"Purely Economic."
London, Yesterday.
case
· BOYCOTT.
Trade Exhibition. toms agreement, Herr Bruening declared that the agreement was
Buenos Aires, Yesterday.
he made the announcement there that the Governor reported in Has Irwin-Gandhi Pact
Eased the Situation? within the meaning of the. The British Empire Exhibition would be general satisfaction that May, 1930, that a post mortem Geneva Protocol and there were has been so successful that it is the various interests concerned was held in almost every no reasons for the League of Na- nofficially announced that it will had been fully represented.-with a verdict of natural causes. tions to discuss the matter. The be continued beyond the fixed Reuter. Austro-German Governments had closing date, April 27. The at-
no reason to fear an examination tendance for the first ten days RUBBER PRODUCERS from the legal aspects of the was over 300,000 far beyond the agreement, but the German Gov-expectations of the promoters.~~ ernment did not consider that an Reuter's American Service. examination from a political viewpoint was admissible, as the agreement was purely economie.
Herr Bruening stated that the negotiations for the agreement would take some months to con- clude, owing to the technical de- tails to be settled.
Vienna, Yesterday.
CRISIS AVERTED.
AUSTRALIAN GOVERNMENT IMPASSE OVER.
CAPITALISTS' RUSE.
Rugby, Yesterday.
It had been felt that it was eign ships of the right to bring only reasonable that shareholders liquor into United States ports should participate in the very con-under bond. Reuter's American siderable accretion of in-Service.
terest that had resulted from the Company's gold securities. This had weighed.
Ronus Dependant On Exchange.
In making these recommenda-
The Secretary of State, there- fore, did not propose to seek a
with the Committee in suggest-tions, your General Managers and further report.
He agreed that the position was The Indian boycott and its effects ing the exchange bonus. They susulting Committed have felt unsatisfactory. The main causes on the Lancashire cotton industry trusted, however, that sharehold that it is only reasonable that discussed in the House of ers would note that the, con- shareholders should participate in of these happenings were the was
the very-considerable accretion of exchange, fear of enquiries on account of Commons to-day, when Mr. D. N.tinuance of such an the Infectious Diseases Ordin- Hacking (Conservative, Chorley whole or part, would depend en interest that has resulted from the ance, also the desire to Bave Lancashire) maintained that the tirely upon future fluctuations of Company's gold securities, owing to the present low exchange; they do funeral expenses. He understood Viceroy-Gandhi agreement had not exchange..
not consider it advisable, however, Chairman's Speech, that the utmost was being done eased the situation.
He contended that Lancashire { ・・ to remedy matters, including the
The Chairman, proposing the to increase the definitive dividend institution of free burial. Reu- goods did not in the main compete adoption of the report and ac- beyond a figure that could be main
teined with comfort out of Interest ter.
count, said:
with Indian manufactures.
Com-
.•
petition was within India and will The result of our operations for alone, even should Exchange return come mainly from Japan against the year 1929, now under review, to a level of 2/ hence the sugges
DISTURBED.
Restriction Scheme Not Favoured by Dutch.
OPPOSITION OF "BIG FIVE."
Canberra, Yesterday,
Amsterdam, Yesterday. Five big rubber producers Followers of Mr. Lang again
the Internationale "HAIL TO THE CHIEF Handela Herr Schober, replying to the saved the Commonwealth Gov- including
Vereeniging representations of the British ernment to-day when Mr. E. G. Crediet Ambassador, declared that the Theodore's Fiduciary Notes Bill of Rotterdam, and the Arends- Austrian Government considered passed its second reading by 34 burg Company, who attended NATIVE WELCOME FOR MR. votes to 29. The minority in yesterday's meeting and are de the
by those closely connected with the unprepared as it was predicted in the note appearing in the Report agreement falls entirely Jcluded Mr. J. E. Fenton, the for-clared to have refused Govern-
my predecessor's speech of last wherein it is stated that the con- textile industries. within the framework of the Geneva Protocol of 1922. There-mer acting Prime Minister.ment intervention, refuse to con refirm or give details of yester-
desired not to Improve the material year and, when we view the re-tinuance of this "bonus," in the Reuter.
day's negotiations. fore, there was no objection to
St. Thomas, Virgin Islands, conditions of India as a whole, but ports of many other Companies whole or in part, will depond au- exchange. We are hopeful that the signatories to the Protocol ex-
As they are important pro- amining the legal side of the tary, Mr. Arthur Henderson, who ducers it seems certain that the
In the course of his holiday-pockets of a comparatively small consider ourselves fortunate that what has been done will meet with Yesterday.actually to place fortunes in the covering the same period, we may tirely on the future fluctuations of agreement, but in view of its was now ir Paris attending the Dutch Rubber Committee will be making aboard the battleship number of Indian mill-owners- economic character there could be International Committee with broken up. In any case, further Arizona, President Hoover went the expense of many millions no examination from the politi-reference to the European Eco-co-operation will be difficult.
cal standpoint.-Router.
Rugby, Yesterday.
nomic Union proposal, would be Therefore it is not expected that back in the House of Commons to the Dutch East Indies Govern- In reply to a number of ques- answer it.
ment will take measures to en- tions in the House of Commons, A communique issued to-day force restriction. the Under Secretary of Foreign by the British Embassy at Paris Restriction Opposed. Affairs, Dr. Hugh Dalton, mado stated that the British and
Later. the following statement: "The French Foreign Ministers con- The Dutch Rubber Committee: information concerning the pro-sidered this morning the situa-met on March 25 to deal with in- jected customs union between tion created by the proposed Aus-ternal matters. Restriction was Germany and Austria, which tro-German Customs Union. Mr. not discussed. The well-known has been furnished to the Foreign Henderson informed M. Briand rubber expert, M. Burger, said Office by the German Ambassador that he had drawn the attention that reports of a break-up of the and the Austrian Minister, is of the Austrian and German Gov-Committee were incorrect. All being very closely studied in its ernments to the anxiety which that had happened was that five legal, commercial, and political had been manifested in many big producers who opposed re- aspects. No agreement between quarters as to the conformity of striction, fearing that the Com- Austria and Germany has yet the proposed treaty with existing mittea would take some action, been concluded, but the two Gov-obligations. He had expressed a wired the Minister of the Colonies | ernments have communicated to strong hope that before they expressing unwillingness to par- us certain proposals which are proceeded further in the negotia- ticipate in a restriction scheme. intended to form the subject for tion of the proposed Customs Reuter, future negotiation of the treaty. Union opportunity would be given Whether or not the Union consti- to the Council of the League of
Sharp Decline. New York, Yesterday.
HOOVER.
BATTLESHIP HOLIDAY.
President Hoover.
tuted along the lines of the pro- Nations under whose auspices Rubber declined sharply on the posals would involve a breach of the protocol of 1922 was negotiat- Exchange and outside the mar any treaty provision is a legaled, to assure itself at the, May kets as the result of the Amster- question which cannot be answer meeting that the proposals were dam report that dissension was ashore to-day through lines of ed at this stage, but which will not contrary to the engagements likely to break up the Dutch Com-canoes bedecked with flowers and have to be fully and carefully ex-given by Austria in that instru-mittee. Exchange options de-flags and was greeted with cries amined,
ment-British Wireless Service.clined 45 points and it is feared or "Hail to the Chief, hurrah!" Forecast Impossible.
Earlier News.
that the decline may have pre-Reuter's American Service. "It is impossible to forecast
Paris, Yesterday. judiced the financial status, of the result of the proposed agree. Mr. Henderson and M. Briand some foreign firms. The market ment on British Trude. Much have begun a thorough examina; finished very weak. Brokers ex- would obviously depend on the tion of the Austro-German cu press the opinion that the de level of duties which the proposed toms agreement.
cline is not yet over, Reuter's Union have brought into being After three quarters of an American Service. would impose upon imports from hour's conversation Mr. Hender- other countrieis, The House son and M. Briand reached an
"YELLOW PERIL": may rest assured that the Gov agreement regarding the Austro- ernment will use all proper German commercial pact and means to prevent any injury a Great Britain has decided to act.
ENTRY OF JAPANESE- INTO a result of any such agreement immediately. Representations are
SOUTH AFRICA, to the trading interests of Great being made by the British Am- Britain.
bassador in Berlin and the Bri
ABSURD FEARS.
The Government have no pre- tish Minister in Vienna, the Ger sent intention of entering into man and Austrian Governments
Tokyo, To-day. negotiations with Germany or being informed that the question Commenting on the report that Austria with a view to concluding should be submitted to the League the cry of "yellow peril" was a Customs Unions with either or of Nations,
raised in South Africa on the both. Any such step would in Germany Determined, conclusion of the "gentleman's volve a radical change in our fis- Berlin, Yesterday. Agreement," the Japanese For- cal policy in relation not only to The Chancellor, Herr Bruening, eign Office denies that any special Foreign Countries but to the addressing the annual meeting agreement was reached, though Dominions and India."
of the leaders of German trade an understanding was obtained to Intimation from France. and Industry, expressed the de- relax restriction on the entry of
Babli Re Further questioned, Dr. Dalton termination of the Government to Japanese. said that the text of the die- maintain the Austro-German As only fifteen Japanese are posals was communicated only agreement, for in view of Ger-residing in South Africa," Inclu Last Monday It was not before many's reparation burden shesive of members of the Consulate Friday that they rocely Seven should be given special conces and their families, the idea of a the first intimation
hich
tame sions in trade matters, 4 "yellow peril is characterised as hot from the German or Austrian It depended to a great extent nonsense-Beuter. represe ives, but from the on the world itself whether and ted for how long the reparations plan
Father:Why were you kapt.
could be fulfilled. Germany's after school?
tances were not on frm basis nd the Government wer
Serving
nt: "I÷didn't know
Father
W
to remember where you put tuinea
FINE TO CLOUDY.
report To-day's weather from the Royal Observatory statės:
The anti-cyclona la now central over N. E. China.. The Yangtze depression has moved to the S.L. of Korea.
The monsoon will get in again along the 8.E. coast of China
N. E. fine to
Local Forecasti winds; moderate; cloury.
Rainfall Rainfall for 24 hours end- ed at 10 a.mil Rainfall since January 1-4.03 inches against an average of 5.55 inches deficit 1.80 Inch. 3
Temperature.
The temperature at certain specified centres this morning at 6 o'clock wast
~Macao
They trust, however, that share-
whom, if the boycott were really economic, it should be directed. has been lean, indeed, with a mar- tion of an "Exchange bonus.
gin profit of 3 per cent. He had been informed that boycat-gin of root of under then you holders will take full cognizance of ting and picketing were supported
Indian
at
of
the approval of shareholders,
Satisfactory. Reserves.
All
the reserves are in a highly satisfactory condition, as will be seen by a comparison of the Balance Sheet with that for the year 1929. The assets, as expressed in Sterling,
we finished up with anything at all on the right side of the book. Indians, who would have to pay The year in question will long be remembered as one of the worst more for their goods.
in the history of present day People Exploited.
fire insurance and it is a good Commander Kenworkty (Labour) one to leave behind us.
Effect of Exchange. also emphasised this point; strongly criticising also the conditions in As with everything in Hong show a fall of some 248,000, which local currency the increase shown India which could be successfully Kong, in these days, exchange was only to be expected, whereas in Exploited in such a way.
has featured largely in our ac Sir Herbert Samuel (Liberal) counts and the rate of 1/1/d, is one of over three million dollars. contended that Free Trade between at which they are presented to you may intercet shareholders to Britain and India was really in the has had a very marked effect both know that the Company's holdings ..
In gold securities, which are almost interests of India itself as a whole, on balance and premium income; entirely gilt-edged, as on December
valued at hope the latter as shown at $2,260,- he expressed that the Indian Government 711.51 is no less than $616,526.18 81, 1980
£400,000. and the Indian Legislature more than for the year 1928 and,
It is proposed to raise the would not refrain from adopting though the fall in the sterling
and
ed in order to
the
receive
were
over
a policy of Free Trade in the value of the dollar has contri-auditors' fees from $1,000 to $1,250 interests of the Indian people. It buted very largely to this in- for each firm and you will, I hope, worked out to the benefit of crease, I am glad to be able to in- confirm this when the proposal for Lancashire, Hel trusted that form you that our income from the re-election of auditors comes be-
fore the meeting. Indians would put aside the both gold and silver sources has I trust also that you will approve pressure which had been adopt been well maintained in spite of of the usual bonus of 15 per cent. ou commercial depression and the their salaries being granted to the more satisfactory settlement of the acute competition now prevailing, staff. consitutional issue. On both sides the latter the more so in respect I do not think there is anything coercion ought to be abandoned if to your Company's particular further in the accounts that calle
branch of Insurance.
for special mention by me.. Con possible.
Replying in debate, the Secretary The ratio of losses is appreciably ditions are as difficult with us in for India, Mr. Wedgwood-Benn, said higher at 59.16 per cent. as compar these days as with every other that the settlement reached betweened with 48.58 per cent. for 1928, branch of commerce; some people the Viceroy and Gandhi would be while that for Charges is somewhat are wont to view insurance as easy forwarded to the National Congress less at 88.08 per cent, as against money under the circumstances, but at Karachi in the next few days. 39.85 per cent. An addition of the that fallacy is hardly corroborated Three weeks was insufficient time to percentages of losses and charges, by the ratio of profit of 2.78 per appraise its effect. As far as ho was at 97.22, leaves, us with a figure of cent. that we now disclose for the aware the clause in the agreement profit of but 2.78 per cent, which year 1929, regarding picketing was being im-is meagre enough, as I think you The motion was seconded by Mr. proved. It was clearly laid down will agree.
K. Stuart-Smith, who briefly cons
that, pressure and coercion should The balance at credit of the gratulated the administration and ccase and that the boycott of Bri-Working Account for 1930, after staff upon the successful outcome in tish goods as a political weapon was twelve months, la 8769,990.61 as a difficult year. The Report and to be discontinued. It was his compared with $511,112.86 for Accounts were then unanimously ballef that those who entered in 1929, at the same stage, an increase adopted. the agreement desired honourably of 3258,884.25, and this I trust to discharge their obligations to it -British Wireless Service.
Communal Riots,
Other: Business.
you will view as satisfactory; I Sir Robert Ho Tung, Mesars. C. might mention also that it is $67,- Bernard Brown, A. H. Compton, L 181.50:in excess of any first twelve Dunbar, T. E. Pearce, and A. H months balaike of previous years. White, retiring members of the Cawnpore, Yesterday. It would be premature on my part Consulting Committee, were re- Nineteen persons were killed to hazard any sort of opinion as to elected, upon the motion of Mr. Lo and 50 injured in communal riots the final out-turn of this account Chung-shui, seconded by Mr. J. PE which developed after the holding but, granted that nothing unusually Sherry,
Bingham and
of demonstrations of protest disastrous occurs before December Mesars Lowe,
wore. re-elected
against Lahore executions. 81 next we have every reason to Matthews, and. Percy. Smith, Seth
Temples and mosques were look for a final showing that will and Fleming raided and shops looted and burn bear favourable comparison with auditors, on the motion of Mr. D. V. ed down. All mills and places the more prosperous of its fore- Steavenson, seconded by Mr. M. H of business have been closed and runners. Love
the curfew imposed in the city. The surplus to be dealt with at Those Present.
The fighting has been renewed this meeting is $599,587.77, the Supporting the Chairman were and the killed and wounded now balance of Account for 1929, and Messrs. C. Bernard Brown, L number 30 and 100 respectively, we recommend the payment of a Dunbar, T. E. Pearce, and A. H. Passing motor cars were attacked dividend at the increased figure of White, together with Mr. F. C. and their passengers assaulted. $50 and of an Exchange" Bonus Hall (secretary of the company). Several Europeans were injured of $10, making in all 360 per share, Shareholders arcpresent were and two companies of British which will absorb $480,000, and the Messrs. C. Savard Remedios, G. Y. troops had to be called out, transfer of the balance of $118, Osmund, K. Stuart Smith, DV Over 200 police are rushing to 567,778.911.18.7, at exchange Steavenson, J. H. Beth, S. Hos the scene from Allahabad and 1/1%d” to Reinsurance Fund Sherry, Lo Chung-nhui, M. H Lucknow Reuter
(Continued on Next Column) Lo, and Ho Leung