OSIXIO
ET THE NEW
Jbrary, Jupreme
Court
No Wahn
M
DUNLOP Special
OSO China Mail
FREE WHEELING' STH `ADVANTAGE.
Shifting from Second to Top or vice verss, without using the clutch, and the relief of the accelerator foot while free wheeling, are important contri butions to relaxed motoring.........
HONG KONG & SHANGHAI HOTELS, LTD.
(Incorporated in Hong Kong.)
FINANCE BILL
MR. SNOWDEN ON
CONVERSION,
NOT NEW METHOD
SMALL BONUS "FOR
CONVERSIONISTS.
Rugby, Yestoril.
In the House of Commons to- night the Committee stage of the Finance Bill, by which additional taxation to balance the Budget is imposed, was completed.
No. 27,917
·LOCAL SHARE MARKET.
"No Change" Reported This Morning.
QUIETLY STEADY.
The official summary issued by
states:-
Stock Exchange to-day
the
There is no change to report in four market this morning, which remains quietly steady.
Banks changed hands .at $1,690.
Unions were
in demand $460.
Chinn Underwriter were on offer at $54.
Wharves were reported sales
21 $151.
at
Providents (old) were on offer
ESTABLISHED 1845.
HONG KONG, FRIDAY, OCTOBER 2, 1931,
FOOD BILL
MEASURES AGAINST
PROFITEERING.
STIFF PENALTIES
POWERS OF BOARD
OF TRADE.
London, Yesterday. Under the Government's "Food- stuffs (Prevention of Exploita- Lion) Bill" which the House of Commons read to-day for the first time, the Board of Trade is empowered to take such action
improper attempts being made to bring about a shortage of sup plies or increase in price.
at 86.90, and the new sharess may be necessary to prevent were in demand at $2,
Hotels (ald) were the medium of sales at $14.90, and there were shares on offer at $15. The new shares are nominal at $148.
Speaking on the clause, giving stockholders the right to continue holling in five per cent. War Loan, the Chancellor of the Ex- chequer said the purpose of the clause was to give to the Trea- sury powers which would be used at a favourable opportunity to convert the present stock of five per cent. War Loan, amounted at $86.. ing to over £200,000,000, very great extent the terms of at $1934. conversion offer, when issued, would follow, the conditions at- at $15. tached to the present stock. IL was proposed to give three months' motive to holders of stock and during those three months they would have the up- tion cf transferring into the new stock or asking, at the end of three months. to be repaid in cash. The power which was part paid shares were reported asked for was not new in opera-Fales at $30. " tions of that kind. It provided
Lands could have been obtain-
To a Humphreys (ald) were on offer
that if helder of existing stock did nothing he was taken as ac- casting the offer. If he accepted he returned the old stock and his rights attaching to the stock would be different. In ordinary conversion operationa holder, surrending his old stock re ceived new. Under this con- tinuous operation he would re- tain his old security with chang- ed conditions. It must be ab- 1
|
Realties could have 'been had
Trams were in demand at $21. China Lights were on offer al $28.
Electries, which changed hunds at $78, hnd sellers at the close at $80.
Telephones (fully paid) were in demand at $434, and the
Cements (combined) were in request at. $18,
People convicted of offences | under this bill may be imprison- ed for three months, fined £100 or both, and the merchandise concerned is liable to forfeiture. -Reuter.
UNIQUE LONDON BANQUET.
Distinguished War Survivors Meet.
NO SPEECHES.
London, Yesterday. The Prince of Wales attended to-night # unique banquet the London home of
Abe put Bir
Bailey, The OC-
Ropes were wanted at $16% Watsons, which were
Construction (old) were $3.85 nominal, and the new shares were also nominal at $1.80.
at
through at $154, closed in de-casion was the gathering of all mand at this rate.
available survivors of the great Statesmen, Nayal and Military Officers portrayed in the three pictures of War personalities which Sir Abe Bailey presented to the National Portrait Gallery. Apart from the Royal Toast there were no speeches.--Reuter.
THE
KING'S
vious that if there were a large CONGRATULATIONS.
number of holders of present stock who asked to be paid off in cash Government could not raise that huge sum in the course of a few days und, therefore, time was to be taken in order to see what the results of the conver- sion operation would be and then to make provision for finding the cash for those who wanted to be paid out.
Dealing with a sub-section of the clause, Mr. Snowden suid one of them gave power to the a very small Treasury to offer bonus for all applications for conversion. British
Wireless ~Service.
THREE KIDNAPPERS SENT TO JAIL.
ed.
To All Concerned in Recent Air Feats.
NO ONE OVERLOOKED.
*
KINGSFORD-SMITH FORCED DOWN.
Indisposition Makes Him Alight.
Air
NOW AT MILA.
Athens, Yesterday. Commodore Kingsford-
SIR THOMAS LIPTON.
Contracts a Chill Out Motoring.
CAUSES ANXIETY.
London, Yesterday.
TO-DAY'S DOLLAR.—The closing rate of the dollar on demand, to-day was 18. 141d.
PRICE $3.00 Per Month.
VERBAL DUEL
ENFRANCHISEMENT
Sir Thomas Lipton has contract. IN
ed a chill while motoring, and his
women
OF WOMEN.
THE CORTES
MOTION FOR
PASSED.
Extra
Construction
For
Overzent
Motoring Conditions.
Fedter Bldg.
FORT MOTOR CYCLE TYRES.
LOCAL BRANCH.
GENERAL ELECTION FORMULA HIT ON.
Liberal Ministers to
Give Support.
PALACE AUDIENCES.
London, Yesterday.
DOLE RIOT
DEMONSTRATION IN
GLASGOW.
UGLY SCENES IN STREET.
It is believed that Mr. Ramsay M.P. ARRESTED MacDonald, Mr. Stanley Baldwin, and Sir Herbert Samuel have agreed upon a formula embody- ing willingness to control or prohibit imports, and employ Madrid, Yesterday. A verbal duel between two tariffs or any other measures to
Deputies marked the meet the situation. passage in the Cortes of the
Other Liberal Ministers will clause in the new Constitution discuss the formula to-morrow, enfranchising age of 28. Deputy Senorita Vic-but there has been sufficient pro- toria Kent opposed the measure gress to make a General Election on the ground that women's poli- quite certain. tical education had not yet be- gun. The other woman Deputy, Senorita Campoamor, forcefully replied that women had helped to create the Spanish Republic.
women over the
The clause was passed by 170 votes to 121- majority of 49.
condition is causing the greatest Reuter. anxiety.
Better.
The condition of Sir Thomus Lipton has
"encouragingly im- proved" to-night.-Router.
(Sir Thomas is 81 years old.]
CLOUDY AND RAIN.
The Royal Observatory's re- port issued at 10.25 a.m. to- day says
The anticyclone is now central between Shanghai and Nagasaki, moving E.N.E.
There are indientions of a depression in the S. China Sen.
Forecast: N. E. winds, fresh; generally cloudy, some *rain.
Rainfall.
Rainfall for 24 hours end- ed at 10 nm. to-day 0.03 Inch. Total since January 1-74.20. inches against an average of 76.16 Inches deficit 1.96 inches,
Temperature,
The temperature at certain specified centres this morning at 6 o'clock way:-:
Hong Kong Pratas Island
.72 79
68
77
Macao
Manila
· Foochow
Amoy Chotoo Shanghai
54
THE
COMMUNAL PROBLEM.
LIFT. BOY "HELD
UP."
Imprisoned in Own Cage.
It is expected that Parliament will be dissolved on Wednesday, so Falling Day will be October 28. Liberal Ministers Defy Lloyd George.
London, Yesterday. Mr.
J. McGovern, M.P. (Labour - Shettleston) and eleven others have been, arrested in connection with the riots at Glasgow when 50,000 demonstrų- tors against dole cuts were charged with by mounted police: Many were injured, including several police whom the mob at- tacked with broken bottles and
other weapons. Many shop win-
dows were smashed and the shops looted,
Streets Larded and Buttered. It is learned that in spite of A fresh outbreaks of rioting o5- Mr. Lloyd George's advice the curred in, Glasgow after mid- five Liberal Ministers, Sir Her-night. It was accompanied by bert Samuel, Lord Reading, Sir crganised looting.
Large slaba Archibald Sinclair, Sir Donald Maclean, and the Marquess of Lothian, have decided to remain in the Government.
Their decision was made in view of the possibility of un immediate General Election.
Approaching End of Uncertainty.
The mysterious ritual of poli- tics, whisperings, then so-called secret conclaves, then rumours, then statement colliding with statement, one destroying the close. other, seems about drawing to a
SUPREME COURT INCIDENT.
One of the lifte in the Supreme Court suddenly went out of order this morning. It got stuck and refused to function when between two floors. Luckily for the lift boy, the shaft is of wire netting on all sides, so that he had plenty of
The Cabinet met and deliber- air and light during his enforced ated for two and a half hours last Imprisonment and was not unduly evening. Shortly after 8 p.m. inconvenienced. It was fortunate, Sir Herbert Samuel left the too, that the lift stuck when going Cabinet room to submit to the down after taking a solicitor up to other Liberals the formula (men- the Court, so that the lift boy was tioned previously) on which the the only prisoner. The lift boy National Government may api was apparently not concerned and peal to the country. These con- epent his time in the "cage" read-aultations were broken ing a Chinese novel until his release peatedly by divisions in the almost an hour later.
The release was effected by the P.W.D. who are in charge of the maintenance of lifts in Government buildings. They were communicat ed with as soon as the lift boy'a predicament was discovered and after a little tinkering with the ma- chinery in the basement the lift safely descended to the ground floor level and the lift boy stepped out smiling and apparently proud of his experience.
Had the shaft been of bricks, as In many buildings in Hong Kong, perhaps a different story would have to be told.
up re
of butter and lard were strewn in the streets of Garngad district, where the hooligans had gather ad while the Police were engaged elsewhere, When the Police re turned they were bombarded with jam jars and bottles from the, shops, the majority of the wint dows of which have been com- pletely wrecked. The streets were littered with all sorts of commodities. Mounted police charged repeatedly and order was restored about two hours later-Reuter.
CIVIL SERVANTS'
SALARIES.
Relief for Married Men,
OFFICIAL EXPLANATION.
The Colonial Secretary, moved at.
House of Commons, and Liberals yesterday's meeting of the Legis eventually decided to adjournative Council "That this Council consideration of the formula till to-day.
After sitting for an hour and a half finishing at 11.30 p.m. the Cabinet adjourned until to day
approves the further modification, with effect, on and from July 1, 1931, of, its resolution of June 39, 1980, on the Salaries Commission Report as modified by its Resolu- tion of January 29, 1931,
when presumably it will have to meet without the Prime Minister who has arranged to He said. The resolution which address his constituents of Sea- I am about to propose is the result ham for which place he leaves at of correspondence between the ten o'clock this morning.
Government and the Secretary of Newspapers welcome the ap- State for the Colonies, on the sub- proaching end of this period of ject of affording some relief to uncertainty one way on the other, those officers on sterling salaries Meanwhile the Man-in-the-for whom the payment of half Street reflects resignedly that he salary at the current rate of ex- has got to stand the racket of change and half at 1/6 does not general election costs of over appear sufficient, in view of heavy £2,000,000,-Router.
sterling commitments.
Rugby, Yesterday. The King has personally direct- ed Lord Amulree, Secretary for Air, to convey to Squadron Leader Orlebar and Flight Lieutenant Stainforth and Officers and men of Smith made a forced landing at the High-Speed Flight Team
Mila, near Smyrna. his
Indisposed. warm congratulations on the bril liant performance whereby a newford-Smith to land at Mila. He Indiaposition compelled Kings- world's speed record was establish-made a safe landing and the ma- In so doing the King intimated thine is undamaged. The airman his great satisfaction, with the spite of feeling unwell is de- high standard of efficiency prevail telegraphed today to friends in termined to continue, and he ing among all ranks of the Royal Athere that they might expect Air Force and in the technical him in the afternoon, but he had department of the Air Ministry as not arrived at 8 pm. evidenced both on the present oc- casion as well as recent contest for
Waiting Permission to Leave,
London, Yesterday. A cable recolved the Schnelder Trophy.
in London In consequence of the difficulty of
There must, of course, be cases · The King has further directed Mila atutes:
Kingsford-Smith · from [ reconciling the conflicting claims of}
of officers supporting parents in Geneva, Yesterday.
Rugby, Yesterday. Inspector John Murphy, of the that his congratulations shall be ion to Leave."-Reuter.
"Waiting Permis-the Hindus with the Moslems and
The Japanese delegates are leav-
The Foreign Secretary, Lord Britain, and of officers with chil other smaller communities, to sents; Secretariat for Chinese Affairs, conveyed to the manufacturers and
Reading, was received by the dren in the Colony who are pro- in the proposed new Indian Parlia-ing to-day and to-morrow. prosecuted, and, outlining the case, designers of the machines and en-
Dr. Alfred Sze is expected to re- King at Buckingham Palace this viding for their future education by ment, the Minorities Committee said that on September 21 or 22, gine whose efforts have contribut-
of the Round Table Conference has main until the Council's resumption morning. Later, following a for- insurance or otherwise; but after the defendants met the boys played so largely to these outstanding
mal meeting of the Privy Coun- careful consideration it seemed adjourned for a week, with a view on October 14. ing in a village street in the Ko British successes.-British Wire-
Reports of an increase of brig-cil at the Palace, Mr. Staniey that the only possible line of ac- to continuance of unofficial conver- U district. They later found the less Service.
andage in the disturbed area are
Baldwin, Lord President of the tion was to take account only of sations.--Reuter.
Council, remained behind and had an officer's wife, and children arg causing some anxiety.
audience of the King which lasttually in a gold currency country: ed half an hour. This evening and the Secretary of State har Sir Austen Chamberlain also had concurred in this view. audience of the King.
(Before Mr. Schofield). Three Chinese were charged this morning with the kidnapping and false detention of a Chinese woman and three small boys.
woman working in
n padi' field.'
They took their captives in a tow
boat for some distance, then board- cipal tenant was advised to send ed a train for Canton, and finally all the inmates out of the house. arrived in Hong Kong at about She did so and the defendants were midnight. They were guided to 5 arrested in the street. Rose Lane by the third defendant, The woman, contended Inspector who was a frequent visitor to the Murphy, was not brought here to Colony, having relatives at West be sold, but just to act as the boys' Point. The third defendant also "mother" in the event of the party knew the principal tenant of the boing accosted by the Police. floor, and introduced the woman as. The Magistrate-What will it
from
L
PEACE IN CHINA,
Hu Han-min May Head Government.
SHANGHAI CONFERENCE.
!
Rugby, Yesterday, The proposal was moved by Mr. Gandhi and formally seconded by H.H. the Aga Khan
Mr. Gandhi expressed the hope that, in a week it might, be possible
LEAGUE AND MANCHURIA,
Manchester Guardian's
Comment.
London, Yesterday.
Audiences with the King.
Another meeting of the Cab-
Hardships Suffered.
The League blundered by notinet was held this evening at the Hon members will not be un-
Shanghai, To-day. Local Information suggests that the "pence negotiations Between' to report some sort of settlement. sending a commission to Manchuria House of Commons at which, it aware that the hardships of officere Nauking and Canton which are at Bir Maharmed Shaf said the pro-le the opinion of the Manchester is understood, the situation was with sterling commitments under present taking place in Hong Kong posal was that each group should Guardian, which asserts that there further examined. It is now con- the present system of conversion of forecast that Chiang Kai-shek will select one or more representatives is no conclusive evidence that Japan sidered probable that the formal sterling salaries have been a mat- be appointed Generalissimo; Hu to meet and by an exchange of ideas in taking active steps to fuini ber
deter of serious concern to this announcement -✨ regarding Han-min head of the National Gov- try to reach satisfactory settle undertaking to withdraw. her troops velopments in the political field Government and to the Secretary ernment; and Wang Ching-wel head ment and thus lighten the burden within the railway zone.
may be deferred until next week. of State, and the Government is of Party Administration.
which reated on the Minority Com-
So far as Britain is concerned, General Chen Ming-shu has been mittee as a whole,
The Prime Minister is due to satisfied that this amount of relief the Guardian says it will be Lord leave London to-morrow for is the least that can properly be appointed Garrison Commander
The Prime Minister, who pre- Reading's duty to press for active Seaham, Durham, where, in the given this year. The cost for the to visit a woman. What led to do is Worship passed sentence of Shanghai and Nanking as a pre-sided, said he hoped the adjourn League intervention, unless the evening, he will address bis con- half year is estimated at $55,000. fondants" arrest was that the cap one year's imprisonment with hard, minary to the holding of a peacement would be fruitful of good re- Japanese have taken convincing stituenta.--British Wireless Sex- tive woman complained to the prin labour on each of the accused,
conference in Shanghai-Reuter.
The Colonial Treasurer seconded mults-British Wireless Service. steps within a fortnight-Beuter. vice.
and the motion was carried.
the first defendant's wife and said cost to repatriats these, people? that the children were theirs. Tho Insp. Murphy-Three or four following morning, the first, and dollars. The S.C.A. would see to third defendant left for Yaumati' that.
J