FRIDAY, JANUARY 1992.
THE LEAGUE OF NATIONS
WHAT IS IT?
Shall Forty Small States Decide the Destiny of the Anglo-Saxon Race? -
SO ASKS A. A. B.
cause of the crash of '80, which
not over to-day.
Look where we will, we meet in- deadlock. America ternational
If this sucking-up of gold by won't cancel war debts unleas everybody disarms. France won't American and French platons in- disarm without a guarantee otjured only those two countries it security which America won't give. would be bad enough, but it is the Germany, Austria and Hungary cause of the overproduction which outside the comity of nations, in its tura has resulted in the dumps everywhere the products world slump. To pay their debts to America and France the indus- of slave labour.
try of Europe and the East has been over-stimulated, and whole- sale products have been thrown on the markets at prices below the cost of production.
India is still arguing on the edge of a racial war. Japan and China are fighting while the League of Nations, kept going by English
about talks
sanctions, money, which no one will execute. Truly a dolorous and dangerous pros- pect.
of
LOCAL SHARE MARKET
Opens with a Firm Undertone.
RATES MAINTAINED.
The official subimary "fasued bý the Stock Exchange to-day' states:: The morning session -apaned with a firm undertone, there being buy
ers at current rates.
Sales.
Lands, $82. Ewos, Tis. 16:08. China Lights,"27:10 ex div. Hotels (new), #15. Trams, $224
Buyers.
Wharves, $189. Douglases, $241⁄44.* H.K. Lands, $82. Chinese Estates, $96. Star Ferries, 3061⁄4, H.K. Electrics, $79. Cements (combined), $19.69. Cements (old), $124,- Constructions (new), $1.80. Powells, $82. Hotels (old), $15.85; Hotels (new), $14.90. Providents (old) $5.80. Providents (new), $2.40. H.K. Trams, $22.30.
·China Lights, '$26.80, Singapore Tractions, 3/ H.K. Ropes, $181⁄44. Dairy Farms, $29.
HE CH
MAIL.
AIR RAID VICTIMS GO TO
HOUSE OF LORDS.
PETITION OF "RIGHT
DAMAGES CLÀ IMED FROM REPARATIONS ACCOUNT
Civilians who said that they had flost heavily because of German air. raids during the war brought their grievances before the House of
Lorda.
been paid,
The position asked the King to direct the payment of the claims, or alternatively a rateable propor tion of the 'sums received. ... It was the last stage in a legal: The Attorney-general (Bir Wil battle which began in the Higham Jowitt, KC.) had entered Court and was continued in the demurrer that the petition was bat Court of Appeal. num
in substance and 'in law, and die closed no ground of claim cognią. able by the court. He contended that the, Government were not a legal entity and could not be a party to any legal proceeding, No Petition of Right could be brought against the Government.
To-day's proceedings took the form of a Petition of Right by the Civilian War Claimants' Associa {tion, Ltd., a company formed to ob-
tain compensation
on for air raid damage.
菰
P
Money From Germany, The petition alleged that from time to time Ministers had repre- sented that an fulfilment of certain conditions money would be obtain ed from Germany and used for the compensation of the claimants, and that the claims were agreed in the total which the Reparations Com- mission required Germany to pay. It was further stated that, al- though Germany had paid repara tions considerably in excess of the civilians claim, the claim had not
An 1876 Decision.
Mr. Justice Roche had decided for the Crown, holding that he was bound by a decision in 1876, when it was held by the Court of Appeal that in all that relates to the mak ing and performance of a treaty with another Sovereign, the Crown were not and could not be either a trustes or an agent for any subject.
The Court of Appeal unanimous. ly affirmed the judgment.
H.K. Government Loan, $24 per granted. Another moratorium for ALLEGED ROBBERY IN
cent. premium.
Sellers. Indo-Chinas (Pref.), $45. Indo-Chinas (Def.), $32. Cements (combined), $19.80. Raubs, $39.
Ewos, Tls, 16.
Entertainments (old), $18.
rents and rates will also have to be granted.
COX'S
ROAD.
Bracelet and Watch Snatched Off.
In order to pay American money which we borrowed to carry on the war, while America was get- we spent in Ruinous Gold.
ting ready, which Emergency legislation is always America, and which we have paid perilous, but in certain conditions for in blood many times over, Bri- inevitable. We had plenty
ottone have to pay direct taxes rang-
to 50 per cent. emergency acts during the war, ing from 25 some of which are stil! with us. their Incomes, and are rapidly 'con- The risks which surround Great suming capital by death duties.
Mir. MacDonald speaks with Britain to-day are mostly the con- sequences of the reckless manner gratitude of President Hoover's one- in which we waged the war, and year moratorium for war debts The one year must be countered by more emer.
and reparationa. Orders in will have to be extended to infin-
A most instructive lesson in the gency legislation, or Council, afterwards. ratified byty, unless our civilisation is to
advantages of public over private. be extinguished by civil wars and Parliament.
ownership is now being given by: It is calculated that America revolutions. Nothing but the can-
the middle classes of Peckham,-| draws annually from
who have organised a strike Europe cellation of all war debts and re- £70,000,000 which, owing to tariffs, parations can restore the world's
against weekly rents and quarter ( ly rates. The individual landlord cannot be paid in goods. Some peace.
Another Moratorium.
venue. This must be readjusted as he held up by Socialists to the pro- time ago1 pointed out in these
What is the League of Nations? apparently a tenth of the adult jetariat as an even crueller ions columns that if the United States persisted in this gold-sucking Forty to forty-five small States, population pay five-sixths of the ter than the rentier, for he lives:
can't fire a shot
taxes. or pay a policy European combination who
on rents drawn from land belong great would be formed against Washing- bean, against five or six
I have always thought that ing to the public, while the rening were this morning charged at Fowers who are drifting towards there must be gross evasion of in- tier lives on dividends.
I cannot believe, for France pursues the same policy, the abyss. Are the votes of Po-come-tax.
The largest landlords in London though from more mixed motives. land, Peru, Jugo-Slavia und Gua-instance, that only half a million are the County Council, the Ee. The love of power, glory and re-temala to decide the destiny of the people have over £500 a year clesiastical Commissioners and the which is what official figures show, Crown, technically the Woods and venge strive for the possession of Anglo-Saxon race?
The shirt is nearer than the Income-tax must be extended and Forests. Everybody knows that the Frenchman's soul with his
There is another and a simplified and carried down to the they are the most exacting land love of money. The loss in bricks
moratoríum
which will two-pound-and-a-weekers by the lords in the Kingdom. and mortar and agriculture caused
The Alternative. ⠀ by the war has been paid for over have to be proclaimed by the National Government, + mora-
ployment insurance contributions You may get othe mercy · from. and over again.
torium for direct taxation that is,
the agents of a Duke, but little income-tax, surtax, rents and ratea.
from the myrmidons of a public The burthen must immediately be shared between direct and indirect taxation in the shape of Customs daties, whether accompanied by excise or not.
ton.
2
4
coat.
nearer
same means as health and unem-
are collected.
Rents and Rates.
Industry Over-Stimulated. But France wants to keep Ger. many and the succession States poor, so that she may dominate Germany did twenty Europe 26 years ago. It is curious how in- variably a surplusage of gold ruins
Direct and indirect taxation used nations. The payments by the French after 1871 did Germany no-
to be almost equally divided, but thing but harm, as is now admit- since the advent of democracy in ted. The accumulation of gold indirect taxes have fallen to about
the main 33 per cent. of the total tax re- torium of Was
American banka
:
་
Meanwhile, does anybody up authority. pose that the whole of the surtax The rate-collectors are a little and three-quarters of the income more tolerant. The Peckham tax can be paid between January tenants ask that their rents and and March? Mr. MacDonald must rates should be collected, simul know that you can't take the taneously by the same authority breeks off a Highlander, who can The L.C.C. refuse to do this, unless pawn neither his sporran her his the Camberwell Borough Council dirk in present markets. A morapaya a commission of 2 per cent some kind must be out of the rates. The County Council flats are built with all modern conveniences; only their rents happen to be more than their tenants can afford.
THE SINCERE COMPANY, LTD.
32nd ANNIVERSARY.
CHANGSHA
CANTON-HONG KONG - SHANGHAI --
Insurance
SINGAPORE
Department Stores
1900
Perfuma
Factory
Arising out of a robbery alleged to have taken place in Cox's Road on the evening of January 5, three Chinese, Ng Choi alais Tai Nam- choi, Yeung Tak-nam and Lai Kim-
the Kowloon Magistracy before Mr.
A. Fraser.
The first accused is charged that, 19gether with another person not in custody, did steal from Miss Lily Seater, a Chinese girl, agolti bracelet set with diamonds, valued at $320, and a platinum wrist watch, valued at $40. §.
The other two defendants are accused of aiding and abetting.
Mr. M. A. da Silva appeared for the second defendant, and applied for a short remand," and ball, a
Outlining the case, Detective-- Sergeant Edwardes said that com- plainant and her sister were walk ing in Cox's Road together with the second and third defendant at 8,16.p.m. on January, 6. Com plainant and third defendant were walking some distance in, the rear of the first couple, when two mai came up from behind and seized her anatching away her watch and bracelet Her companion is alleged We have had Rent Restriction to have chased the robbers. Come Acts for, hopses of small rentals. plainant reported the matter to the But there is no law to restrict the Police at Yaumati Police Station, antastic and exorbitant Increases and later proceeded to her home at of rentals exacted chiefly by the77, Hennessy Road, to notify her Crown for property in the West mother. After the robbery the End, which have driven put of two defendants and complainant's Bond Street many of the oldest sister were not seen again, for some tenants.
time. At 11'o'clock the same evening. the two defendants were seën :and) arrested in Jee House Street. The inference made by the Police is that the second and third defendant; ar- ranged with the first defendant and
...
A Nice World!: What a nice world it will be to liva in when the State in the sole landlord! The artisans and lower middle classes can strike against extortion, because they are willing | the men not in custody to, rob, the In the last resort to face imprison- git ment. Many of them are in pri- son, for it is a, mistake to think. you can no longer, be imprisoned for debt. You are put in prison. upt-for faure to pay a debt but for dieobeying a judge's order to pay that, debts and N
The case was remanded unti}} Tuesday"best, ball being fixed at $2,000 each.
“TADROLE” WINS.
Unfortunately the upper middle Action in the Summary
¿gad upper glasses cannet patrik
*beckuse they will not face prison, they would drieduld, we should soon have the surtax abolished and |the tincome-tax udlown sito għalf-a-
bow is the: to be balanced?” We must look to Mri Runciman and shis
by, unpaid taxes and disap
kiendez
ference
ts with America and France,
VOCAL GEMS FAVOURITES
ALWAYS POPULAR
OX297 —RUDDIGORE, Jul
#DARES →EM.S. PINAFORE. **
0622 PIRATES OF PENZANCE,
(D581—MIKADO.
*8580 — LILAG® TIME. ...9565— THE GONDOLIERS.
9893—— MERRIE ENGLAND. -0896 —— PAUL--RUBEN'S MEMORIES. **(9879 — THE BOHEMIAN GIRL.
DX274-HERE WE ARE AGAIN-MEDLEY.
9653-FAUST.
9072NO, NO, SANETTE.
The Anderson Music Co., Ltd.
HONGKONG HOTEL
New Grill
Ball Room
DINNER DANCES NIGHTLY MONDAYS
ΤΟ SATURDAYS
sallam
Tea Dances
5107 p.m. Every
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INCLUSIVE CHARGE
FOR
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THE
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