LET US PHOTOGRAPH: YOUR
WEDDING
FRANCIS WU'S STUDIO GLOUCESTER ARCADE
CHINA MAIL
No. 33850.
ESTABLISHED FOR OVER ONE HUNDRED YEARS.
For THE NEWSPA
HONG KONG, THURSDAY, DECEMBER 18, 1947.
TERPRIL, TID.
Price: 20 Cents.
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Tel: 21433
REHABILITATION LOAN CLASH Marshall HK BANKS PUT UNDER
Opposition Expressed To Premium Bond Issue
T.W. Kwok Ordinance Passes Recalled To Canton
Mr. T. W. Kwok, Commis- slaner for Kyanglong and Kwang Ministry of Foreign Affairs has been summoned te Canten by Dr. T. V. Soong, Governor of Kwong- tung. to report on the Kow- Tuon City eviction issues.
Mr. Kŵok will be leaving for Canton baday
Yesterday M T W. Kwok called on 15s Excellency the Governor (Sic Mexander Grant- 1.1997.
He refused to disclose the sub- iget a
Conveniat,
k with
Sassoon To Shift From S'hai
Third Reading
A lone voice was raised in Legislative Coun- cil yesterday in opposition to the pro- posed issue of premium bonds under the Hong Kong Rehabilitation Loan Ordinance, 1947, which passed its second and third reading without amendment.
Mr. M. M. Watson said he supported the Bill but
was opposed to any form of Government-spon- sored or controlled lottery.
"I wish to ranke it quite clear against the bonds or any other
Peiping Police
Tell Foreigners :
DON'T CARRY U.S. MONEY
Peiping, Dec. 17. The Police Bureau to- day warned foreign busi- nessmen that Nanking's that are in favour of the Bill. form of bonds which will be However I want to refer to a decided by lot,
new regulations, prohi- matter which the the Financial "I am sure that such a decl-biting the carrying of Secretary introduced in hission will be accepted by all re- United States currency speres on introducing the Bill sponsible persons both in Hong in "public places," would
Replying to Mr. Watson, the be strictly enforced.
anid. Mr. Kong and elsewhere,”
Follows) said:
the first time." for Watson.
"in his speech, Mr. Follows Financial Secretary (Mr., G.S. The police sub-station in observed that it was too late to) take advantage of the favour- able market conditions which had existed at the begining of the year.
Pelping's former Legation Quarter, where mogt föreign i business men are concentrated called &..meeting of foreign businessmen
and
them warning.
Rave
Lunches RIGID GOVT. CONTROL "Licence" System To Be Imposed
At Palace
London, Dec. 17. Secretary of State Mar- shall will ignch with King George and Queen Elizabeth at Buckingham Palace $0- day. He is the only one of `the visiting" Foreign Minis- ters to be invited alone to the Palace on a personal basis.
General Marshall will leave atp.m. tomorrow in President Truman's plane "Sacred Cow"
He is scheduled to arrive in Washington at 9 am, se Friday. He will report by radio to the nation on Felday night DA the reaults
of the Big Four con-
ference.
Ambassador to Britain, Lewis Douglas and State Department Councillor Charles Bohlen will By back with General, Marshall.
Other top members of the United States felegation will re- tum on Friday on the liner Queen Mary-United Press.
All banks and banking business in the Colony, whether already operating or to be established in future, will henceforth have to be licensed and are to be carried on by companies only. They will be subject to rigid. Govern- ment control, with power vested in the Governor to cancel licences in case of contravention of the law.
Legislation giving effect to this measure is provid- ed in the Banking Ordinance 1947 which pass- ed its first reading in Legislative Council yesterday.
and
Main reasons for this clamping] recent times it has been shown down' on banks, explained by that the necessity exists for Government, are the inadequate the provision of some such financial backing of certain in legislation, because persons or stitutions carrying on a banking organisations have been doing business, and speculation
businesa in the Colony on Infringement of trade and ex- occasions or in certain cases change control regulations in without having adequate finan- dulged in by certain banks. cfal backing. Explaining the necessity for the measure, the Attorney General
(Mr. J. B. Griffin) said:
"At the
present time, the tegielation of the Colony does not contain prevision for the regulation or control of the business
"Additionally, it has been found that there are organisa-] tions doing business of the n- ture of banking business which ta not in fact of value to the Colony, since they are engaged in speculation or in the Infringe ment of trade or exchange con- trol regulations of this Colony or of China.
New Jury Amendment
Bill Passed
The Jury Amendment Or- dinance, 1947, whiels em- powers the Court to con- tinue in a chan where an offence i punishable with death in the absence of a (single' jury man, passed its second and third reading in Legislative Council yes- terday.
Also passed into law was the Birtha Registration (Specis! Re- guters) Ordinance, 1947, em- powering the Registrar General open special registers to replace re cords lost during the war.
of Birth and Deaths to of baniding. Within
Pirates Laid Deep Plans To Loot
"This is a matter on which] opinion in bound to differ and Government naturally welcomes publie discussion as it will as "Perhaps, it is for this reason alat them in gauging the degree that he has suggested further of public support which a bond. They also stated that business In his statement or rather I issue of this nature la likely, men not registered with the
should not say, suggested -- he to receive.
Bureau of Social Affairs, la Shanghai, Dec. 17.
stated that Government have "I agree with Mr. Watson accordance with the April com- Si. Victor Sassoon, under consideration the issue that in normal times it in pre-pany law, must do so within prominent British busief premium bonda,
ferable for a Government to keep a week or their businesses would The * Opposed nessman, intimated in an
be closed. interview today that he was considering the transfer of some of his large interests here to South China especially Kwangtung Province.
Sir Victor, who arrived yes-
terday on his first visit in near- ly suven yours, said that the main stumbling block to China's return to normaley Was her shaky and unstable currenzy,
With the present, unsettled condition business is naturally forced to adopt a cautious at
title.
Hong Kong
"In an earfler speech I made! In this Council on the introduc- tion of the Inland Revenue Bill, expressed my views on the question of Government running
erics.
apprehend that the pre- mlum bonds will, in their na- ture, be lotteries.
I one can say without the slightest fear of contradle tion, that it has been the univer-
::
Dutch Liner
gang which pirated the 4,500-ton Dutch liner
Van Heutsz on Sunday had planned the deed. for a period of several months. They spent more than HK$100,000 in intelligence work, steerage passengers told Chinese press repre sentatives on Thursday."
to straight issues.
"But the times are not normal Meanwhile, in Nanking, the and if there is an adequate mea- Chinese Government today re- of public support, it is inxed foreign trado control to Bure possible to float a Premium permit the import of “extra- Bond Traue under attractive quota" raw materials which are conditiona at an appreciably destined for use in the manu- lower cost than a straight issue. facture of exports,
They also revealed that at "Charges for the servicing of The Government will graat information- allpped out when least six of the pirates boarded loans of the magnitude contem- open market rate of fareign, ex- wie of the pirates remarked the vessel in Hong Kong has
ransacking luggage: bouro mas malkia saugungaman unde: change to authorised merchants put months. Into-this-plot, It are heavy, and
The passengers said that the
present conditions Hong Kong for the purchase of extra cust us more than $100,000. The doze six came aboard a ven- cap ill-afford to neglect any quota" importa-United Press. Į results are not so good".
sat practice in England to avoid ponibility of reducing, such all kinds of lotteries in which charges, the State would be concerned, za that in many cases Acta have. been passed at Home,
"In this connection I should which like to stress that the proposed have prevented other bodies-fraue is not at all in the same not State bodies-from dealing category as a lottery or sweep in lotteries.
stake where the subscriber has
"I have observed that the
present scheme seems to come out of Palesting.
Sir Victor, spoke highly of Honkong's postwar develop ment, saying that the Colony's export and import figures since "AB fur as I am aware, the end of the war terg to show nething, very good has come astonishing and far-reaching out of Palestine in modern times, but I gladly except the Attorney He raid that business in General and the Director of Kwangtung will definitely bene. Public Works (laughter).
pregress.
"However, the question is
"I
Different Class BRITISH POLICE SERGT.
KILLED IN JERUSALEM
a faint chance of winning a • large prize, failing which he inevitably loses his money.
"In the case of the proposed Premium Bond Issue, the sub- seribor does not lose his money.
Jerusalem, Dec. 17.
After two blank days because of rain; play in the seriously wounded during the night when they were attacked in Jerusalem, bringing the Holy Land's toll of dead in 17 days of Arab-Jewish strife to 260,
Several rattan baskets, in which the pirates presumably conceal ed their arms, were found on the ships. In the baskets were copies er old Hong Kong newspapers,
The purpose of this Bill ta to provide legislation of the type which, as I have said, is considered to be necessary. As summarised, the content of the Bill is as follows:-
"It visualises that upon enact-i ment of this Bilf, henceforth Hanking business in the Colony may be conducted only by a 'company as defined In 'the. Bill,
"Superimposed upon that re- quirement, the Bill envisages
3 Ships In
Distress
In Pacific
that a company designed to do Adak, Alaska, Dec. 17. banking business shall also ob- Two U.S. Army ships- tain a licence from the Gov- ernor-In-Council.
a tanker and a freighter Provisions
were in distress in "The Bill provides that there-northern Pacific waters after, except with the express off the Aleutians-last- anuncil to person format in might in the wake of a
or business to term bank or any derivatives But both, carving a total of 52
of the term bank in the title men, were still seaworthy and alloa, of its business.
radio dispatches to the Coast Guard "The Bill also provides for beadquarters said. power in the Governor to ap- Chinese vessel, was reported to be third ship, an unidentified
Meanwhile, Mr. Sparrow, Act-point an advisory committee to aground on Yoron Jima, in th ing Commissioner of Police, told advise him in matters relating Ryukyu lands, in the Western
Press conference, yesterday to banking; and special powers Pacific with its engine-rudim loaded. that a full report. of the piracy (Continued on Page 12) Associated Press and United Press.
4
printing presses are working elaborate further at this stage, its face value, and perhaps at Jerusalem just before dawn, but tary car park near King David contact the
residential area of Jadi Jose in One Arabarding the mill whereby ships golog up the const
overtime turning out banknotes, but I do hope that when a deci- hundred of times ita face the police could not confirm these Hitel in Jerusalem
-Renter.
aion is reached, it
BAO DAI AND BIDAULT
ment.
PROSPECTUSES
Two Largest Cities In Sicily Strike-Bound
has been forvarded to the Chi- nese auth:rities-Mr. T.W. Kwok, Special Commissioner (Foreign Affairs) for Kwangtung-Kwangsi, and to the Chinese Commissoner of Police in Canton.
Representatives from Mr. Kwck's office in Hong Kong visit- ed the "Van Houtaz" on Tues- "This is returned to him in
day with the Police and officials due course and he la even paid interest on it.
Violence, however, appeared to the withdrawal will be allowed of the JCJFL, agents for the ves fit from Högkong's stability.
leave but they will not be permit- sel, Asked what he thought was culy under discussion and in at a lower rate than usual,. he since the United Nations decision
But because the Interest is be tapering off.
This morning was the quietestted to return to Falestine.
Toral shipping circles are now The Jaffa newspaper Ash considering re-introducing anti- the best remedy for China's tue course a Bill will be introls the clance that his bond to partition Palestine touched off Shaab, claimed today that more piracy measures on ships plying | currency problem, Sir Victor reduced when a final decision is will be drawn at some period, the wave of disorders,
than 90 Arab supernumerary along the China Coast, plied that there could be little venched.
There were reports that a Jew-policemen had descrted to join One of these in the re-estab during the currency of the Losa Holution
China's as long as
will, therefore,
ishment.of pre-war aystem' not at a figure considerably above lah hand had attacked the Arab the Arab army in Damascus.
Hong Kong Water by wireless... regularly disappeared Police will be value."
repurts.
with his rifle.—Associated Press every two hours, until they are After Council had gone into Police fred two shots at cur-land United Press.
well past the "danger zone" Committee, the Bill was passed few breakers in Jerusalem's unanfitiously without amend-cominercial centre, but there was no other word of serious vio- lence.
The precarious position of the стела resulted, Prospectuses and application Jews in Arab forms for the Hong Kong Gov. however, in the closing of the Kallia Hotel on the Dead Ben- ernment 34%% Rebabilitation the Holy Land's awaniklest winter Loan 1073/1978 will be avail-resort, which is owned by Jews Ex-Emperor Bao Dai of Annam will fly to Britain
able to the public on Friday at and stuffed. by both Arabs and Sicily's firo 'largest cities-Palerme and Catania were to by a BOAC plane on Saturday for discussions
üll exchange banks and the Jaws.
day in the grid of general strikes called by their local Chambers. with M. Bidault, French Foreign Minister, who
Treasury, Prince's Building, Police were unable to place the of Labour eports from southern Italy also told of new labour? is expected to remain in London for two more Des Voeux Road Central
blume on anyone for the attack unrest. weeks, the "China Mail" learned from 'quar-- Applications will be accepted on the tvo British sergeants last The Sicilian sulkes were both call-orders from Communit-led labour
night. ters close to the local French authorities.
by the Hong Kong and Shang- One police
ed to back femands for unemploy. | bodies. - report
that
of Catsnxeto Bao Dai will be accompanied locally, is opposed to the French hat Banking Corporation and Jews fired at the men, while an hent relief same reason which At the Calabrian pores by four members of his staff, Government's decision to re- the Chartered Bank of India, other blamed the attack on the Rome chamber of labour, gave in Marina, fishermen continued to work, including M. Henry Thinh, An-cognise the authority of Bac Australia and China from the Arabs in a stolen armoured car. calling-day general strike Rome's 1 Messaggero reported.
At Sun Benedetto del. Tronto, also namite financial expert, who un. Dal as representing the whole opening of basiness on Friday
The local till recently was on the staff of of Indo-China..
until the close of business on were told today, that they would the local French Consulate,
The only remaining question Thursday, January 15th 1948, receive no leave until end of the strikes, to liliated with the reported sticking to their jobs.
December because of the large Communist-dominated General Con- L'Units Communist newipaper In is to be settled between Bao Dat unless, before this date, the loan amount of work involved in the federation of Labour.
Rome, said that strikes, ware in prde- to meet any]
the French is the army in fully subscribed, in which British withdrawal,
Rome press dispatches reported pect at two other Bicilian town "h the French Foreign Minister issue
case the lists will be closed im- After December only officials that, in Calabria,; workers In
two the
Interest of the unemployed t before the latter. roturna to Bao Dal' insists on the commediately.
whose work is not essential to places had refused to carry out strike Caltanisetta and 'ar Bant Paris, where M. Emile Bollaert, plete servòrance of the army French High Commissioner in from the French, who want|___ Indo-China, is waiting for him indirect control of the armed to report on, and discuss, the forces in an independent Indo- racent conference with Bao Dai Chian.. in the Gulf of Tonkin.
TO MEET IN LONDON
The former Emperor travelling to London
ON OTHER PAGES
Page Tavo
Electric Light. Rates Cut. Page Thrte
sald
Rome, Dec. 17.
Palestine government officials there last rgbers, which called in Calabris, maɣlón workers were,
Police Shoot Suspected Bandit
Bno Dal and the four mem- Less than 20 minutes after M. Bollaert, it was learned hers of his staff have already Wanchat has been robbed by 368 Lockhart Road;; third floor, cblaine entry visas for Bel-tive Chinese yesterday, one sus- glum Denmark, Switzerland pest was shot and two others and the Netherlands. ** arrested by police patrols under After the talks with the Det.-Inspector. P. MacPherson, Grand 2Th OR DEG, French Foreign Minister in near the London, Bao Dat will visit Queen's Road, Easty MILLERY
The report of the robbers Paris and other European Con-
B|made in ». few minút! tinental cities, v praks
|um. “yesterday, tarcti Later: he plans to visit the District Police Station: United States is to study the Police patrol was economie aratem of that country ly, sent out,,, made a before returning to Indo-China.under the command-of-
General Nguyen Van Xuan, MacPherson and Prealdent, at the Provisional Wing-wang Gover
Police Pensions..
"Four
Læsters from Reader
Collapse of Big Foul
Chidere Restriction.
near tha?
Rods Cochin-China, Ho Jami
At Grand Theatre
Finding himself (!tr
"other" woman and six "children, spered the door, thinking, that Laund
\ L'Unitéŋalso" reported"; "a general itrike bad been calledɣat Pescara for to protects Goverment Fördery
administration." Asociated Press
Thurdissoiries the commualal
THE WEATHER: “ 123(65),5% returning The ·Intanan; ; Alhoefan, “mitibgslösik home; after having: tea, with him, continue to dominate vrees and. South-E grand-daughter-year-old Post A moderate, deprmain but
Honshu is moving # N.22 Before I could even, unlatch Forecast-Moderate parity Part
Chan
the door properly man with a tachore, stem wahore, sloudy and cold.
{Taxiurday's: Weather Libra gun in El band, forced his WAY Maximin), 68,1) deg, Fabi Ing. He was followed by three. Kalau (-16;4(@g_Yah others, a badly shaken Song »ro | sunakloni Mil. 15,
zrian stood
NA
Maintally? MIL, TD45] ~4'alno
What is a bargain?
The Oxford English Dictionary Says:
"Agreement on terms of give and take; purchase, especially favourable, one; good, things bought cheaply, etc., etc."
Where does one get it?
IN THE
GRAND SALE OF
THE SEASON
CHINA BUILDING
KEENSEN Co. VANCO CO. 2 QUEEN'S ROAD C.
JITSING
Co.
23A QUEEN'E ROAD (0)