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FRANCIS WU'S STUDIO ARCADE
No. 33648.
For THE NEWSPAPER ENTERPRISE, LTD,
ESTABLISHED FOR OVER ONE HUNDRED YEARS
HONG KONG, FRIDAY, APRIL 25, 1947.
GOVERNOR DEFENDS INCOME
INCOME TAX
"Not A Mere Doctrinaire Opinion" "Direct Taxation The Most
Appropriate
Method"
"The Government has taken into its consideration all the representations that have been made......and it remains of the opinion that a measure of direct taxation is the most appropriate method of providing for some of the essential expenditure of this Colony in present circumstances," said Sir Mark Young, when the Inland Re- His Excellency the Governor, venue Bill-better known in Ilong Kong as the "Income Tax Bill"-came up for its first reading before Legislative Council yesterday.
BANKING LAW PASSED
Nanking, Apr. 24. China's new banking law www cratimovaly passed by the Legislative as this morning. No important changes pertaining to foreign banks were nude in the regu- lation origiumlly denfied.
7he law pravities that for. riga ham after admission and registration have been upproved shaft nii aperate an narrings and trust banks and that all transactions must be in Chinene Current ntern
the Central Bank of Chine authuvines otherwise – Renter,
U.K.Exports' Heavy Drop
His Excellency said that Government realised that the opposition to the bill was not due to "the ordinary human being's dislike of taxation in any form" but was due to a conviction held by many people in this Colony that this is not the best or the most appropriate form of taxa- He would say, quite tion for Hong Kong.'
contrary frankly, that Government "is of a opinion."
At the conclusion of his address on the subject, His Excellency said that the United Kingdom was the most heavily taxed country in the world today. It would be too much to expect that representations in regard to war pay- ments would be sympathetically received If Hong Kong did not make “adequate and even painful efforts" at least to pay its way in the future.
"The Council will appreciate that in addition to the reasons which have already been given for the passing of this Bill into that
Inw, there is the reason this step will serve to convince His Majesty's Government that these efforis are, in fact, being made," he concluded.
When he moved the first reading of the BBB, the Finan-
London, Apr. 23. elal Secretary Haid that amend- The value of United ments recently made, it was Kingdom
for now hoped, would render the exports
Hill at least "more palatable to March was £82,600,000, 'the community as a whole, and the lowest figure (except{also remove most of the ob.
ad. for the shorter month of jections which have been February) since Septem-vanced against it."
Highlights of his speech ber last year, the Board were:- of Trade announced to- day.
and assessing Chinese accounts.
The anid:-
•
DISTURBANCE. IN
THE HOUSE
London, Apr. 23.
During the debute on
the
bulget in the House of Com-
on this evening, a slightly- built white-haired man
ロ
in
in the Strangers Gallery and, saving his arma, shouted "There will he sívit pour this country unless the specil Jimit of 30 miles an hour is applied to all renda of the country!"
w/8 seized by attend ants and as he was escorted from the gallery turned and shouted again! "God cannot
and will not allow the rest of the sentence being in- andible as an attendant held a hand over the man's mouth.
The
struggled for kome moments as he was ca- easted from the gallery.-- Reuter.
Sister In
Air Drama
55 Dead In Sea Disaster
Porthcawl, Wales,
Apr. 24.
were
WINDSOR HOUSE
Price: 20Cents.
HOTEL DEATH FALL:
Hojoban, Apr. 14. Clive Alexander Brewster, G0-year-old business man and a former Group Captain in
the Repu Australian Abr Force, died on Wednesday in. a fall from the fifth floor of the Taj Mahal ffotel 80 feet to the hotel garden. He had arrived from Landon an hour: earlier. Avançlated, Prean.
Socony In Portugal
Tent seamen known to be dead and 45) others, including a life- knat crew of 15, were be- lieved to have perished
Lisbon, Apr. 23, when the British steam- The Portuguese Gov- er Samtampa piled up ernment has authorised on the rocks in one of the Standard Oil Com- the worst disasters in pany to set up bunkers the history of the Welsh in Lisbon. Coast.
We Buy and Sell
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9, D'Aguilar St.
Tel. 7143;
TALK OF FRESH LOAN TO CHINA
Shanghai, Apr. 24
A dispatch from Nanking to the China Evening News, quoting reliable sources, said the Chin- ese Government is, seeking a loan of between $600,000,000 to $1,000,000,000 from Washington to finance the post-war reconstruction pro- --gramme - which has already been mapped
out."
The paper saki this loan, claiming virtual United State would be sought over and above agreement to the loan and forth- the long-delayed $500,000,000 hinting that it will be Import-Export Bank loan. coming sun since Gen George It said the Government also Marshall worked closely with new Premter, Gen is drawing up a detalled pro- China's gramme for the expenditure of Chung Chun, on the Committee the $500,000,000, This pro of Three during the muscous- gramme will be forwarded to ful mediation attempt. the Unlied States Government These papers argued that with the Government reorganis. before the end of June.
would be spent primarily for likely to approve the loan an
The paper said the Intler sured, Gen. Marshall would þe transportation facilities, It possibly agree to miditional said the programme will be larger sume-United Press. The
company
begin designed so that most of the building installations for ap-Joan will be spent on American proximately 30,000 tone of fuel exportable equipment-apparent- and diesel oils this year.
will
The ahip broke in three pleccs after 80-mile-per-hour winds had driven her on the rocks several hundred yards off It is reliably learned that Sker Point-a dread landmark | simila, licenca has been grant. in the Bristol Channel.
ed to the Anglo-Iranian 01
A lifeboat, carrying a crew | Company. of 15, put out from the shore in
life-United Press.
ly as a measure to Induce the United States Government to grant the credit.
U.S. Agreement Despite Washington dia.
patches
quoting
Government
RAF Medics
Probe Noise
officials as desiring Effect
At to
Britons Returning To Church
London, Apr. 23.
C.N.C. Hits Dr. J. W. C. Wand, Bishop of London, sold today d
immediately A New Low
away to the hospital
in
Shanghai, Apr. 24. Outlawed underground transactions in foreign currencies depressed the
said in.. an Interview that Britons were swinging back to religion after seeing the fruits of their war- time looseliving — 50,000 divorces a year and the climbing rate of crime.
"They are realising that something is missing, and they are coming back to the church for that something," the Church of England's top bishop said.
-Dr. Wand, who has been one
A "Motvor" jet fighter ap- parently is no nelaer than "Spitfire" and If a pilot Is seat- ed in front of the epgine-and wears his helmet there are no ill effects.
It he takes off his helmet, however, deafness is. Bkely to reault.
jolse that
ex-
More dangerous than
bo hezird which can
IN which te inaudible. After posure to intense noise pilots sometimes complain that they walk unsteadily, and generally feel weak or lethargle.
nn effort to rescue the Sam- The entry of these companies into Portugal ends the Shell On tampa's crew of 40. Several hours later this lifebont Company's monopoly in this lopt a walt-and-see polley re-
Was
country. These
additional garding the China aftuation be- found bottom up on the bench
London, Apr. 24. about quarter of a mile from the fuelling facilities are expected fore deciding on the originally
$500,000,000 loan, RAF medical officers wreck. Ita crew had vanished to attract a greater amount of earmarkel
shipping to Lisbon.-Reuter. the Chinese without a trace.
press has been are investigating the From an R.A.F. Sun- The bodies of 10 of the ship'a ·
dangerous effects of too In general, he submitted that derland flying boat new-liere and were recovered by the men were washed ashore near
much noise of jet propel- the effects of the new measure
led planes. are by no means as onerous auly arrived in Kowloon Coast Guard rescue boat, which many of the critics have repre- Bay from Okinawa, a managed to get close to the rented,”
nursing sister, danger-wreckage but found no sign of The Financial
ously ill and rapidly los Secretary
ing strength, was trans- Financial Secretary férred by stretcher yes- "I beg to move that a Bilterday afternoon to an intituled 'An Ordinance to im R.A.F. seaplane tender, nose a Tax on Earnings and and was
a first whisked Profits' be now rend time.
"It would be idle to pretend military that there has not been a great Hong Kong. deal of opposition to this Bl The patient was Sister Prest, and doubtless Honourable Mema nurse attached to the Indian bers will have a good deal to General Hospital in Kure, Tax is to be restricted to in-say about it in the course of the Japan, who, necompanied by a' black market value of of the leaders against easy debate on the second reading. medical escort of an R.A.M.C. Chinese currency to a divorce in the House of Lords, This afternoon I propose to con doctor and a nursing alster, set
reported in sald the problem could be lek- The transport and shipment the Colony, as Hong Kong dif- fine myself to a detalled ex-out from Japan on Tuesday on new low,
fem from the majority
planation of the measure and board an 88 Squadron flying business circles at US$1ed by wider use of England's Marriage Guidance Councila; of goods for export was still
i hope to demonstrate that the bont, returning on the second, to CN$22,000, compared church supervised preparations being hindered, by bad weather, colonial dependencies in that
number of hend offlces of amendments which have recent-leg of its scheduled Hong Kong with the official rate of
businesses are esly been made in it will at least Iwakuni run.
US$1 to CN$12,000. important
render the Bill more palatable Owing to foul weather en tablished here.
At the same time, gold bars Taxpayers are given the on to the community as a whole,
most of the route, this aircraft, some few
to be fetching reported tion of having their profit us and also remove
ounce com- CN$1,100,000 дл sessments reduced to the actual objections which have been ad- hundred miles out from Japan, was diverted to Okinawa. Here emnings or profits for the year yanced against it.
the patient was immediately in-pared with the official rate of
Lambeth conference of the 1947:48.
"Honourable Members will stalled aboard a depot ship of CN$480,000 an ounce. Provision has been made to recollect that
Prices appeared to be keeping Church of England, in July, the U.S. Pacific Fleet, U.S.S.
1948. At the last conference in Duxbury Bay where she was pace with this trende
A survey by the English-.1937, birth contrał was accepted Arat-class medical
language Chinese-owned "Ching under certain conditions and 000) were higher than in any. Traders will not be compelled the object of reducing as rapid- treatment. The meteorological Prem, owned at one time by that it would probably be din- month since December, 1025 to keep their accounts in Euroly na possible aur dependence forèenst on Wednesday being so
Dr. Wand sold an unproce-" and exceed those in January by peun form, as the Inland Reon His Majesty's Government puor, the aircraft was unable: ex-Minister of Finance Dr. H.H. cussed again. £8,600,000, or 11 per cent-venue Department will have off- for financial aid. In particular to embark on the second and; Kung, showed business circles
cera capable of investigating the Committee was asked to last stage of its flight until generally favoured a free mar-dented laxity in morala occurred
ket for foreign exchange be during the war in England. consider the desirability of re-this morning.
cause of the failure and in- "Most of it was due to over- placing the War Revenue Or.
effectiveness of the present long separation of wives from aluance, which is still on the
their husbands", he said.. “They. Statute Book, by the introduc-pot
were alright for, about three tion of a tax on lucomes.
years, but after that period a,mething went wrong."
The closing down of Industrial firms in February also had some effect towards the end of the period.
Allowing for the rise In prices since
1938, the volume of exports in March is estimat
1 ed provisionally at 99 per cent
|
come arising in or derived from
of
in September,
of the 1938 volume as compar exempt wir gratuities, pensions 1946, Your Excellency appoint ed with 112 per cent in January, and the emoluments of members ed a Taxation Committed to
Imports in Murch (£130,000, of the Forces from tux.
review taxation genorally with accorded
*Reuter.
Royal Family On Way Home
Capetown, Apr. 23.
Britain's Royal Family is beginning to feel the strain of the 7,000-mile tour of South Africa, which ends tomorrow. They sail for home in HMS "Vanguard," 82 days after leaving Eng- land. Queen Elizabeth made this admission during an informal chat with representatives of the press who had accompanied the tour. After shaking hands with them, she presented each with a. commemorative medallion and inquired if they also were exhausted after the trip.
The Queen
'four" whe ending.
1
Modified Bill
"The Committee agreed that such a tax would theoretically result in the most equitable dis- tribution of the burden of taxi- tion, and they expressed the view that taxation of this kind I was inevitable it tho budget
Hazardous Job
were
The re-transfer from the de- controls.
ship to the flying boat was The highest denomination of fraught with hazard for high Chinese currency now in clr kens were running making care culation is CN$10,000, but, ful handling of the stretcher hitherto, only a limited amount extremely difficult.
has been issued. Associated
A small R.A.F. launch was Press.
awaiting the plane when it touched down in Kowloon Bay
st 4.30 yesterday afternoon,
THE WEATHER
The anti-cyclone has Increased slightly
for marriage; and an injection of "solemnlty" in civil far riages at the Registry.
Dr. Wand sald the question of marriage and divorce would be high on the agenda at
the
He said many persons lost the habit of going to church during the war years, because of Sunday shifts and Army service. They had been prevent- cd from resuming the habit
with Squadron Leader Brown, in Intenalty! It now covers the whole of, since then because of damage
was to be balanced. They con- the Kai Tak Station medical calor and extends Eastwant to Korea. A to so many of Enginħd's church aldered that any income tax legislation must be as simple efficer
daip „Bepremden requins to the NE of
the
Northern Loochoos.
anco should be completely re- Prest was conveyed to the Kai Hamid,
· "Yeatursday's Temperaturet
+
the
Не on board.
Hokkaido with a rough of law pressure buildings. extending, serosa Japan to the Loneboom To take the church-to as possible and that some de mediately went aboard parture from general practice flying boat and made arrange. and thents to the thuit of Tonkin. A people; Dr. Wand said, he had elsewhere would be necessary, monts for the patient's transfer depresione moving ENE over the nesumed the chairmanship of
tho launch. This being They therefore recommended to
Today's Forecast-Moderate E and as the Christian Commando cam- accomplished, Sister | indo, clouds, with occasional that the War Revenue Ordin. quickly
rainpaign in 'London' which will take services into factories, movie houses atid any. place, also where people congregate.
Returning to Britain's boom-. fall: 0 m 0.31 in. Total sinering divorce rate, he said the Jan. 1-137.1 malo church was giving half support Carefagy of 280.0 qm. :)
Bendligi at j. to the marriago) · guidance
clinics where so many $9.80 19.78 (naherlages headed for, the rocks ON TH
were salvaged, Ped
cast and with this abject In Tak ferry where, put aboard a maximums 72.3 deg. Fab. added that they june of its feathers and stuck it in view Mr. Pudney, who has heavier craft, an R A. F. sea-Minimum: 06. des. 1. wore all and that their lovely his own hat."
since been appointed. Commis plane tonder, aho was rushed Bunshineil. sioner of Inland Revenue, was across the bay à Hong Kong, sent to London to consult with to be admitted to 28 British experts of the Department Military Hospital shortly after. It started with the ascent of Luncheon, when the Prime Minis of Inland Revenue there.wards.
Today's programme was as full
as any the Royal Family have
undertaken.
Gold Tea Service
King George will say forewell formally tomorrow at a State
"The Bill which in now be It is understood that Sisterra, at mal 8,332-foot Table Mountain bytery will present, as gifts of the fore Council represents the re- Prost will be flown..direct to Rel. Humidity | cablu railway, followed by a gat Union, a gold tea service to the den party, a final shopping tour queen, diamonds for the Garter suits of these consultations but Britain by B.O.A.C. aircraft Dew Point by the Queen, attendance by star to the King, and a diamond it has been modified in a num at the end of the week. Princess Milzabeth" at a Girl Bricelot to Princess Margaret bor of respects since it was
Wind Diracion
Wind Fares.
...
4 p.m
1001,01007.5 m.
125 ky a 1.20 bar. 15.
QURAN, AB, knota.
mar-
.... He said the church wanted to step in even before, they got to that stage, however, and were
ON OTHER PAGES you ngaged couples
Guides" "raily, and, an inspection Princess Elizabeth, has already first published for general in. view was also expressed by all by King George of parade of received her gifta diamond formation on it forch 7th, swept three of the Unomida ox-Servicemen, deye necklace presented to her, on hor Taxation Committes availing in their opinion. It was inipora Pope Three
on her Following that publication, the Members of the Committee that The Royal Family also received alsts birthday granted the law on tire, due the otherd hate Dalton Holds Out Hope. the chauffeurs who had
All Capetown will turn out to
departure pox, the Royal She Bill and for this purpose should be low and that it should Anissa Zhem throughout the
he kthe Committee "wan; augmented, notaexceed atan per cent. They
By the Inclusion in it” number: also considered kikk
While they were co
Bouth Afri
of all the Unofficial MAMINEN OF Squired mor
usme, this Honourable: Cou
stjon at:
to talk to their paster before taking the vows. He said Church of England mergy gaya young couples prematliamadvice of all aspects of Maided. Ura
Dr. Wand waldstre Möùlailear
U.S. OFFICERS RELEASED
Jet planes are being modifed for aerial reconnaisance in Brl- trin. Chief difficulty is their short range. Alr reconnaisance la being widely used in industry and civil planning. Shanghai, Apr. 24. Major Robert Rigg and Cap- party near Changchun,capital
John Collina, the two of Manchuria. American assistant military at The two officers taches who were captured by tured while observing frontline March 1, were released today at ment and Communists Communists in Manchuria ou fighting between the Govern
12.32 p.m. tonn American | Changchun.—Assoc-lated Press.
tain
were exp.
near
HENNESSY
COGNAC BRANDY
RONDON