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LATE FINAL

CHINA MAIL

No. 37482

Established 1845)

THURSDAY, OCTOBER 8, 1959.

Price 20 Centa

BOOK NOW ON PAN AM

JETS

TOXYO to

Honolulu San Francisco/Los Angeiss

For Nezervations, Phode 37031

PAN AMERICAN

CASE FOR INDUSTRIES

INDUSTRIES PUT BEFORE

PUT BEFORE ELECTRICITY COMMISSION

Of The WHAT HAPPENS TO DEPOSITS?'

Day

$112m SHOCK

Frequent Instances Of

'Take It Or Leave It'

THERE will be widespread! The large sums of deposits for electricity consumption,

mazement

nl today's i news that Government is to $112

pay the Admiralty

"What happens to these deposits," and the low interest_rato on such deposits, were some of the points raised by Dr S. N. Chau, Chairman of the Working Party of the Federation of Hongkong Industries, at the Electricity Inquiry Commission this morning.

million for the Naval land! In Hongkong and Kowloon. Satisfaction on the one hand that after 80 years of chafing by local govern-i

the ment,

"stranglehold Dr

has around

wuial" Our

Be been broken, must offset against the huge price demanded by the Ad- miralty. Moreover a surp risingly Jarge area of mid in Industrially advanced went on for there does not companies refusing to carry a valuable waterfront land and vernomically sophisticated appear in the Balance Sheets a passenger because he has a pri- has been retained when the stry, it would be quite pro-Teserve to cover the deposits vate motor vehicle of his own." As was stated in the repre- reduction in the establish ber to tay that a company that said over the years."

sentation, u depos not afford

the Working Porty that the could

months'

was of the view that any lagisl con-

tion cnacted coull envering a few

for must ensure sumption had no right to be in operation.

Chau was presenting the case for the Federation of Hongkong Indus- tries and reiterated the seven points which the Federation had for- warded to the Commission in their representations. Speaking of depraits for eles happens to the deposits made to tricity consumption, Dr Chathe companies?i

ment new

suggests

เก

Unduly Haish

-

naval station have been comfortably ac- commodated

much IL smaller area elsewhere.

"in Hongkong, because of the But the most disagreeable

circumstanIGONI feature of the transaction, particular

valling.

Is requirement This is that the Admiralty

unduly harsh and operates should have driven auch

of industry in the detriment hard bargain when it is particular and the community running down its establish-

in general.

thou- ment here anyway and no! "A sum running into longer requires so

much rands of dollars space.

So that it cannot when

to

to be found

a now venture is just about to cominence.

very

a

be and that Government is often the difference between

the ⚫ompensating

Ad safe stert end a precarious be-

miralty for a move it is re- ginning.

T the "Having a bearing luctant to make. To add Insult to injury, Govern- maltor of deposits, a right and ment has to pay half the proper question would be What cost of walling up the dry- dock and build a wall at its

own expens

around the

new dockyard area. TWO considerations

Theem relevant are

the

which

(a)

Ad-

what price disi miralty initially pay for the land and (b) what is the legal distinction between Crown land and Naval land?

The original proposal by

Attempt To Kill

Kassem

Government that the land Fails

not wanted should be

handed back without any consideration seems a per-

fectly fair one. Yet

full

market value

the

and

Cairo, Oct. 7.

Navy has insisted on the Reports reaching here from Beirut tonight said that at least one and possibly two officers of Genera}|

when that was found im- possible, a

"fair

in lieu of it ment

were

event

"The case in point is anato

Dr Chau gous to the public transport

Commonsense

ÁT

as we

TODAY'S VOTING PATTERN? Mr Macmillan

London, Oct. 8. Latest poll results on the eve of the General Elco- tione compiled by the Daily Exprem stgresio 10. morrow's voting pattern;

Conservatives 4834 per cent: Labour $5 per venk; Liberala 5.8 per cent;

In

Others 0.8 per cent.

The Express again ALTERIES that published poll restilta with complete of the good falth of the poll organisa- tion bul with no great confidence in the value of this forecast-London Ex- press Service,

Steel Shares Rise

London, Oct 7, Industrial shares put on millions of pounds sterling value in the Landen Stock Markets today, reflecting hopes that Con- servatives win the general election,

Shares of Orma in the

Peking

steel industry which Labour in pledged 10

renationtaliage were

in tre- mendous demand, and closed

salt- around four. Hng's higher in price, British

securities

Government

also roge

valne,--Renter

Warned

Against Attack On Formosa

Dr Chau said it was common- the

Q electricity, companies

profit. "We do not sense to suppose that a deposit reasonable

to see, once made, was hardly likely to wish

do- such con- be reclaimed except the veloping elsewhere,

of death departure trols, on industry, be it general from the Colony of the deposi-industry or grublle utility, as to tor ur the suspension of activi- stifte all incentive to expand ties of a concern-for "electri-and improve. The Commission city is an integral part of our will undoubtedly form a

re- ! lives."

commentation for a mode of "Furthermore, the interest alatutory control that paid on consumers' deposits is, fair to all parties."

to say the least, a mere one per cent whereas

even the banke

puy s much as 3% percent to Ave percent on fixed deposits."

As publis utilles, De Chau went on, the elecurity supply comparts should be subject to Datutory control in a moaner similar to that imposed, in the pubie mansport and teleplume compundes, and that it was de- troke that keyishdión be COM Ees that would allow

the apply companies a reasonable prot yet ensure at the same tima, that the public received

at servie en felent

izir +harges,

A Monopoly,

"I 5 completely anomalous that

the

Preferential

will be

Dr Chau also suggested tha! Tales should be preferential

The pre- granted to Industry. sunt rates compared unfavour

bly with rates prevailing Industrialised | in neighbouring.

countèles, reflecting adversely Du Honchoor industry's, com- petitive ability.

New York, Oct. 7.

The Under-Secretary of State, Mr Douglas Dillon warned the Chinese today that an attack on Formosa would "likely" start a world nuclear conflict.

Predicts A

Close Finish

London, Oct. 8.

Mir Harold Macmillan faces the nation's verdict at the polls today convinced that either his Con- servatives or the Labour opposition would win by a "very narrow margin."

The Prime Minister gave that

frank summing up of the pros-

pects in the nation's fifth post-

General Election

on the eve of polling last night,

war

He told a meeting at Bromley, Kent: "whatever happens 10- morrow, about, 12 million people will vote our way and about 12 million people the other,

"It will be a very narrow margin that will separate them.

This view echoes that of the professional pollsters who have baen reporting that the major parties are almost equal In popular asleep.

and

There is thus the possibility of a Anal result as close as the General Elections of 1950 when Labour had an overall 1951 of six) majority (when the Conservatives came back office with a majority of 17 over the other Parties).

At the dissolution. of Parlia ment, Mr Macmillan's majority 50 in the 630 member House of Commons. He and his held 343 sesta,

HECKLED

Makarios

And Grivas Clear Up Differences

Isle of Rhodes, Oct. 7. Archbishop Makarios and Gen. George Grivas “act- tled all misunderstand. ings" between them dur- ing a five-hour private conference here today..

Archbishop Makarios emerged from the conference along with Grivas and - told-reporters, - - "ali misunderstandings ve rune."

now

Mr Dillon issued the warning | especially of the past year, after reading a muware, from "forbid any optimism on the Prostdant. Eisenhower, to the future Peking's foreign was

of Far East-America Council of policy." This point is of particular Commerce and Industry calling He noted that the Chinese reporters importance to Industry, it may for "constant vigilance in the Government, in reporting Mr Labour 281, and Liberals six. not be generally realised but Far East to preserve pence, Khrushchev's speeches over the

'THIRD PERSONS' competition for trade is so in- Mr Dilion's speech to the government-controlled radio, de- tense that manufacturers' mar-Council was a bitter attack on leted Mr Khrushchev's warnings

He mid "hird persons' had gins of profit are often as low China. He charged that Pelẳng | against

"testing the capitalist Mr Macmillan was heckled been responsible for the "mis As two per cent.

by force," and against almost had shown absolutely no dia system

continuously, when be understandings" potween himself waging positions to make the slightest anyone's

"predatory addressed the last meeting of and General Grivas. The Arch- wars" or "imposing socialism by his election campaign in Brem- bishop did not identify the "third move toward an agreement on

the

persons." Formosa force of arms."

ley tonight. a cease-fire ti

Instead, Mr Dillon said, the

Came Most of the hecklers

Tonight's dramatic conference a renunciation of Straits) or

Peking radio was broadcasting from the members of the League came after an open split between to its people warnings that no of Empire Loyalists, an extreme the two men over the manage- foreign countries would

be right-wing organisation.-Reu- ment of an independent Cyprus allowed to interfere in Peking's ter.

appeared to develop UPI. Mr Dillon noted Khrushchev's | "liberation" of Taiwan.-UPI.

international | m Pledge to tackle problems by peaceful mid warned that the Kremlin must "haTO responsibility for Pelding's actions."

"It is generally accepted, that electricity in the production of is not considered

the major Item of expenditure

but it is nevertheless an im- portant one."

supply companies commodities should enjoy ail the privileges cf a monopoly as well as all the benefits the use of public ronds and public places in the futherance of their industry, without

any statutory obligo- ions.

"The

siluation

it now

but

in

Service charges, Dr Chau said, should be considered opera- tional expenses and as such a Cost greater proportion of the

the power should be bome by companies. Abdel Kassem's escort stands is that the electricity In the urban arcas this was of this attitude is open to

having no killed in tonight's| companies,

com- presently the case, very serious doubt, yet

attempt against his life pelitors and being completely muburban and outlying districts Government badly wanted

free from control, can impose the charges are especially heavy the land and the Navy in Bagdad.

whatever charges they wish and of much concern to in- Reports added that th" without relating them made it clear that it would

which to dustry not part with it except on driver of the Iraqi Prime Minis-economie considerations couraged to find sites

ter's car was also killed during Whether the companies have and farther from the urban its own very stiff terms.

the attack which was said to exploited these conditions Generously, Government has

pointed out the compensa- have been carried out with a

tommy gun. tions to be derived

acquiring this-land

from

The

to area.

un-

the unfair advantage of the public

will they serve, doubtedly be a subject of in- vestigation by the Commission.

was being

Deterred

сп-

farther

force."

by

RESPONSIBILITY

mwans

the

"We firmly relect attempts

Mr Communist leaders," Dillon said, "to justify what they call just revolutionary wars' or 'wars of liberation.'"

"War is war, no matter where or why it may be fought.”

He wamal, "there can be no glossing over the danger that an attempt to seize Taiwan and reports also said that

the off-shore istands is just es parti- several other officers accom-

"With the chronic shortage of likely to embroil the world the new East-West paying General Kassem were

war as is land In Hongkong and the community in total rond which promises to ease injured when a hail of bullets "Apart from the question of

other growing pressure, of population,] the launching of aty the traffic bottleneck at this car.

charges, the companies are able it is inevitable that industry is type of war.” Queen's Road and Garden Three bullets struck General by the complete absence of encouraged to develop in the Mr Dillon said there can be, Road. But the fact remains Kassem hitting him in the competition Jr government remoter regions of the Colony; no exception in the muiter of that at a time when local shoulder and wounding him regulation, to adopt an arbitrary "We must ind cumployanent peaceful settlement of disputes

slightly,

atillude towards their consumers outlets for your younger and and that the sooner everybody government has so many

The

attempt on General

or prospective ecnistumers, and rapidly Increasing, population recognises this, the sooner expensive commitments

Kassem's life was made this there is no doubt but that in and industry lo que

foo Creates! atmosphere will be ready one way and another,

afternoon while he was being stances of take it or leave it hope in this regard.

disarmament and peaceful pro- reeived au sympathy what-

driven through * Bagdad have bean all too frequent." "Industry however is deterred gress. ever from the Admiralty street.

Dr Chuu said the Working from venturing farther afield, "We cornestly hope Peking which seeras to have got its

Party bad received from when it is faced with the pros- will see the light," Mr Dillon own way all along the line.

AFTER RIOTS

variona organisations, copies of pect of having to meet sub- sald. the Admiralty's titles

representations and from these stantial additional capital outlay Mr Don said that while The attempt came two weeks covered the entire

underlined in the nature area after serious riots in Iraq pro- one in particular

of cables, posis tensions had relaxed somewhat RTUA, *basic in the FortN acquired by Government, testing the execution of 17 per-

und the like." this attitude,

"I refer to the submission of The surcharge was a thorn in fears of irrational and explosive the price judged as a land sons accused of plotting a Ne-

munists persist." It would! 14-month-old been excessive,

Mr Dillon charged that have worked out at about this year.

Peking had been gontemptuous $66 a square foot. Five years

Tibet, a nearby waterfront attempt spread through the city

along the Indian ago,

* hundreds of Iraq's surged site in Hongkong fetched through the street to the De- geven times this figure. The fence Miniatry where General I titles however cover a much Kassem has living quarters.

the Fin- He appeared at the balcony smaller area and ancial Secretary has de to show them he was stiil alive scribed the price as "high." and not seriously injured This is the second case

of Inter hard bargaining by the

I

1

ment

Higher Education is a "Must"

Trained hands and minds are essential if your children are

purchase, would not have volt against General Kussen's the China Tycing Works. This the flesh, Dr Chau said. Indus- behaviour by the Chinese Com to achieve success in the competitive world.

regime

in

carller Company's case emphasises the try had taken exception to the need for legislation to ensure imposition of this charge in the As news of the assassination that the electricity companies face of the sinte of the balance being public utilities performing sheets of the two companies and

be the Commission would an essential public service, required, within

reason, make their services available to into the justification for such a free nations in the area. any person or body, whoever charge.

(Continued on Page 2, Col. 3) record of the past decade, and and wherever they may be.

No Issued a speech saying, "whatever plights befall me are but a part of my duty," Admiralty in the randown An official communique of its establishment here. broadenst by Bagdad radio There is also the unresolved atated tonight that the authors question of the pitifully of the attempted asmusstruation imli gratuities awarded had not been apprehended.

General redundant locally employed

was also personnel. And the Colony will regard it as regrettable read over Bagdad radio tonight.

dominiu

Kassem's condition

I said: "As a result of a that the close and friendly criminal attempt on the life of relations that the Navy and the

country's leader, Abdel

the people · of Hongkong Karan Kassem, he received thres have enjoyed over the years shots in invulnerable spots.

"The wounding is regarded as should now be marred by

the light and a fracture in the atingincss the

authorities at Home when bones of the left shoulder joint

of

Mr

10-

Your plans for the higher education of your children can be of world opinion in its actions guaranteed by Life Insurance. If you die before their education to doubtedly make investigation border and in threatening other is completed a well-planned Life Insurance estate will provide a And he said that the Chinese monthly cheque to help pay the costs of specialized training.

For further information just call.

Deaf Mute's Case Heard'

thin

-In Silence

ThorTing

T. L. Yang at Central Magistracy 'beard' a silent care when a deal Mid domb lantern maker, Tem

Kwok-cheune, 31. whe

charged with fraudulent conversion.

court Interpreter who wrote them in Chinese and then the deaf and handed them

dumb interpreter,

sold and that the money put to the sociation's welfare fond.

Ee, in turn, #poke to the do-The chairman agrood and Tama

fendant in sign language. Sub-Inspector Ko

Po-kwan feld the court that Tam Was an ancistant In charge of the wood-work section of the. Небра

To Dear and Dumb Industry Association. In the misfio of August, ́ho

murrosion ... t the

Tam pleaded guilty, through a draf and dumb interpreter, Mr Chan Chok-cheung," head- master of the Chinese-Over- Das Schoo) for. Deat and Dumb. calls for no He was completely The exchanges between

comfortable."~~A{}

Magistrate', mund the defendant - ware bendacted through the

Is suspected.

"His

they could have reasonably afforded to have come much more equitable ar- well rangements in both cases,

condition

to anxiety.

and

agencies.

sold the painting to a European woman for E110 ots or shoot September in Taipo Market. However, Insppoler Ke said,

Tam kopt $70.70, Inspector Lo said that Tum had Fent the money to his mother *in Mmone who urgantly nood-

ed it, for mediasă "foon. "iba" "chairman | Me Yang remanded. Tam for that an all-painting, which

four, days to enable him to had been donated, nosila be

"make restitution.

THE

MANUFACTURERS

INSURANCE LIFE COMPANY

HEAD OFFICE (Establühed 1887) TORONTO, CANADA

加拿大宏利火耀保险公司

Incorporated in Canada as a Limited Liability Company ASSETS EXCEED £292,000,000

T HANCOCK, Manager, Hong Kong Branch Office.

Windsor House, Hong Kong,

Tels: 34156, 34157.

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