CABLES.

LATEST CARLMS. (THROUGH REUTER'S AGENCY.)

SENSATIONAL TREASON

TRIAL.

ALL EYES ON MUNICH."

Loxbox, February 23th. Reparations are momentarily forgotten In Germany. All eyes are turned on Munich, where the trial optas to day of Ludendorff, Hitler and eight others, on scharge of high trenson in connection with the Bavarian monarchist révolt in. November last year.

THE HONGKONG DAILY PRESS, WEDNESDAY, FEBRUARY 27TH, - 1924.

FRENCH ELECTORAL

CAMPAIGN.

LEFT PARTIES' VIGOROUS PEACE

POLICY

PARIS, February 5th.

M. Brian's speech at Carcassone may

`LATEST, CAPLES. (REUTERS AMERICAN SERVICE.) US AMBASSADOR TO BELGIUM.

WASHINGTON, February 25th. Mr. Coolidge has nominated MF. Wil he regarded as the opening of the stain Phillips, Under Secretary of State, toral campaign.

to be Ambassador to Belgium

M. Briand appealed to 11 Democrats and Socialists to unite against the Gov- ernment Bloc National. He declared that union would bring victory.

Another former Premier, M. Painleve, at the same time made a similar appeal

at Anneey.

EARLIER CABLES.

MR. WOODROW WILSON'S

· WILL. - WASHINGTON. February 25th. Ex-president Wilson's will häs been filed,

to his

PRIZE DISTRIBUTION.

ST. JOSEPH'S COLLEGE.

VALUE OF THE CINEMATOGRAPH AS

·AS EDUCATIONAL FACTOR.

YEAR 1929.

UNIVERSITY OF HONGKONG. expenses); a saving of 82,900, on that UNIVERSITY ACCOUNTS FOR THE superannuation provision for the year; and a saving of $1,839 in respect of the difference between sterling and dollar pay of members of the staff on leave a total of $97,602. And a suciviţ proportion of these economies was in sight suficient-

RECEIPTS.

34

mittee to feel it unnecessary to wait until ly early for the Council and Finance Com the end of the year to decide upon such measures as would appear to be justified

The year under review has been one by the additional income rendered, avail- of considerable anxiety as to our investable by the Chater Benefaction. tents an anxiety which is not yet at an. Of these measures the most important end. The large balance of our silver in was undoubtedly the comprehensive re- vestment fund uninvested when the Bud-vision of salary scales, to which allusion was made in my recent Congregation get "was prepared, together with a por address. The total additional burden for

Evidently the Left parties mean to fighs His estate is expected to yield 925 thoni The first of these was a very terse Scout tion of our current balavees, was, in salaries and superannuation in 1924 will.

the election on the platform of interna

The trid is reviving the keenest politional solutions through the League of tien! passions, and the newspapers are Nations as opposed to the doctrine of freely venting conflicting opinions.

The Bavarian Gorerament has taken the most extensive precautions to safe guard order, and the law courts where the trial is being held are surrounded Political meetings are for by troops. bidder, and barbed wire has been erect- ed at several points on the frontier, alle the town itself is crowded with visitors, including hundreds of foreign journalists. few of whom, however, enn gain admittance to the courts.

NAVAL DISARMAMENT

#

CONFERENCE.

NODEFINITE PLEDGES

force.

The Left leaders declare that M. Poin. care's policy of military pressure has fail- men are od. New methods and new required. Their policy of close and cordi- al inter-Allied cooperation with

extende use of the League of Nations as the arbiter of international disputes will bring Fracce the reparations and security the has hitherto failed to obtain

FRANCE AND BRITAIN. BRITISH PREMIER AND MILITARY

CONTROL

PARIS, February 25th. It is very reliably stated that Mr. Rom- say MacDonald, desiring to co-operate with France, has communicated to France his views regarding the necessity for a re-

LONDON, February 25th. Little progress has apparently been made at the League of Nations' confer-sumption of inter-Allied military control ence on the limitation of naval arma in Germany and has suggested conditions wvuts. The conference throughout. sat regarding this. His note will be consider-

ed by the Ambassadors' Conference. privately.

IMPERIAL CONFERENCE

A communiqué issued last night 'states that report has been submitted to the Council of the League, also to the Gov- ernments concerned, but it is reliably reported that Spain has withdrawn" from thecopference.

Argentina, China and Turkey declined to accept the limitations Brazil, Chile, Greece and Sweden made offers, condi-

RECOMMENDATIONS.

PROPOSAL TURNED DOWN BY COMMONS,

LONDON, February Esth. in, the House of Commons at question time. Mr. G. H. Thomas, Secretary for Colonies, stated that after careful coniler- ation the Government had decidet, parti- Cularly as the Imperial Economic Confer

sand dollars Everything goes widow except an annuity of $2,500 to his daughter while she is unmarried,

MEXICAN REVOLT.

VESA CRUZ, February 25th. General Lopez defeated the revolution ary command at Paso del Macho. The rebels are reported to have lost 150 killed and wounded. Three chiefs exptured were executed after a court martial.

INDOOR LAWN TENNIS

BUFFALO, February 25th.

ties. His recitation which was entitled "The last Fight in the Coliseum" was illustrated by lantern slides and was very favourably commented upon by Sir Claud

College.

11

tion each year of $3,500 a year in respect of automatis increments and an absoluta maximam increase of $62,000 a year over the 1922 budgetary figures, to be reached in 1930, and on the assumption that no senior members of the staff retire, only. The amount may seem large, but our at present vacant shews that the scheme experience in attempting to fill the posts has not erred on the side of extrava- gance. The scheme takes full effect from the 1st January, 1924, only, but its ap plication to a portion of the staff in 193 cost $2,509, with an additional super- Under this annuation charge of 8250. of $3.000 shewn in abstract "A" as the salary of an Acting Registar during the absence of the Registrar on leave.

The University accounts for the year 1823 are published with the accompany Yesterday was prize distribution daying note by Sir William Brungate, the at St. Joseph's College, which function retiring Vice-Chancellor, addressed to was held in the hall of the College in the Chancellor and to the members the afternoon. Owing to the death of the of the Finance Committee, Council and late Bishop Pozzoni à very interesting | Courte musical programme which had been arranged to preceed the distribution of rizes by the Elon. Sir Claud Severt. K.B.E, CM.., was cancelled, but the two items which were staged for athe benefit of the large numbers present were exceedingly instructive and interesting.

play performed by members of the Col-fact, invested at a rate of interest higher be some $24,000, with a maximum addi-

that lege Troop of Boy Scouts in which the thau that estimated for, and, in advantages to be gained by boys joining respect, the situation was favourable. the Scout movement were very clearly It happened in this connection, however,

that one of the investments selected demonstrated. The second item was that of the Chinese Reorganization Loan recitation by a senior pupil, named Car of 1913 bearing interest at å per cent, on the nominal amount of the security but los Silva, who showed himself to be a

pays interest ou the 1st January and the south of cocaiderable clocutionary ahili-higher rate on the purchase price,

1st July, and, as it was intentionally bought e coupon, this involved the nominal loss of half a year's interest in 1923 (approximately 85,700 in amount), the situation being correspondingly strengthened the 1st January, 1024 Severn in his speech to the boys of 95 when a second coupon became immedi head should also he mentioned the su

ately payable. At the end of April the Amongst those prescut at the distribu- Government paid off its catstanding liability of $300,000 to the endowment In the final of the singles indoor lawn tion were Mr. W. W. Horoell, the new

fund at four days' notice, with interest Fending the coming into force of the Vice-Chancellor of the University, Mr. G.

to date, only, We had had general notice scheine as a whole, the purpose to which tennis tournament, the Spanish player. Orme, recently appointed. Acting that an early payment was likely and the balance of the available money could Manuel Alons beat Tilden 6-4, 1-0, 0-0, Director of the Board of Education, Mi. were already looking out for other favest best be devoted appeared to the Finance ments. The Finance Committee feit, Committee to be the maintenance of our 8-4. Tilden played erratically throughout. Teesdale Mackintosh, the Very flex. however, that in view of the inflated land buildings, for which it will be remember especially at the net, where he frequently Father Robert, Mr. Silva Netto, the Res., values then ruling in Hongkong, invested I have consistently recommended such. Brother Amair Headmaster of the Col. ment on local-mortgages might involve provision as appeared possible. The first netted seemingly easy chances.

serious risk and mortgages in Shanghai credit authorized-on general economies one for an extension of our Alonso covered the court wensationally lege) and many other representatives of proved so difficult to find that none of was

the money was in fact invested until the chemical laboratories, which had beccmo and drove brilliantly. His backhand play the Roman Catholic clergy.

After Brother Amair had read a lengthy month of August, the bulk of it remain unduly cramped, and the consequential ing uninvested until December. Os May transfer of the physics and biology report on the activities of the College,

Sir Claud Severn addressed the ith, we received from our Hou. Tren-laboratories. The work was in large part students. He mid: I am extremely glad surer, the Hon. Sir Paul Chater, C.M.G.. carried out by our own staff and cost. very considerable benefaction of 84,520 (see "Income and Expenditures to find myself present again at one of your prize givings and it is particularly $250,000, and this also remained wholly Account Teaching") as against a low- uninvested until December. Had not the est outside tender of "85,000. When the gratifying to us all that you have present Hongkong and Shanghai Banking Cor Chater Benefaction became available, the to-day the Vice-Chancellor of the Univer sity (Mr. Hornell) and the Acting Direc-poration allowed us some concession as question of the buildings as a whole came to the rate of interest paid on these up for consideration and our architects tor of Education (Mr. Orme).

moneys while in current account (some advised us that, for current repairs, it per cent, on the average, as against would probably be the most satisfactory to be carried out (at our expense) as per cent.) the situation would have been course if we could arrange for such work part of the programme of repairs of said that apart from the nominal de even more serious. As it was, it may be generally, because in him we have all lost we secured the estimated income meat unfortunately proved impossible by very great friend and one whose whole on our silver investments, with a balance reason of the great pressure of work from of $8,800 representing interest on the which the Public Works Department is life was an example of what a Christian

Chator Benéfaction. At the same time at present suffering, but we were forta- our sterling investiments produced $1,255 nate enough to be able to come to an I thank you, Brother Amair, for what

nore than the estimate, owing to a re- arrangement with our architects them- Sub-Inspector E. Bond, of the Water you said about myself at the beginning

a favourable exchange.

manent running survey of our buildings Police, told the Court that at 10 am. onof your report and I need only say that duction in the rate of income-tax and to selves under which they undertake a per-

will always be a great pleasure to me

Our other principal sources of income and supervise the necessary repairs an the 17th inst. he was patrolling the har- to come here for that great privilege of

Chancellor's Lodge and three staff houses distributing the prizes. In the course of which are a matter of estimate-Tuition terms very advantageous to us Under your repert you have referred to the Fees and Profit on Hostels-proved to this arrangement Lugard Hall, the Vice- importance you attach to the teaching of have been over-estimated, the former by English, and I am sure that what we have nearly $5,000 and the latter by nearly have already been dealt with, typhoon heard on this stage this afternoon shows $4,000. As regards tuition fees, approx damage to the extent of some $4,000 bas Of all works have been carried out. pupils, boys who can really speak English in 1923 as in 1922 was assumed, over- with wonderful clearness and exactucas Jooking the fact that, owing to the change which the natural result appears in Ab- year, stract "E" where repairs and inter- and good lialance of sentence so that to in the beginning of the academic sit and listen to the recitations has been the 1922 entry drew on the output of the ance of buildings bave cost 321,164.31, as very great pleasure. As you are aware, schools for 18 months. The number of against an estimate of $8000, only the standard of English required by the students increased, and has increased fear that this must be looked upon as a again in 1924, but not to the extent a more or less normal figure in the future, University is very high, and it will be an

mense help to any student proceeding sumed. As regards the profit on hostele, though, if absolutely necessary, the aver career there thoroughly grounded in the permanently accepted. The price of fod as 816,000; our architects advise a larger

has denitely risen: hut-even more im- expenditure for the year- 1924, English language.

portant perhaps we appear to have adopted a higher standard of what 1 may call seemliness of living and I do t think we should be well advised to et tempt to go hack on this.

was unbeatable.

SUNDAY CARGO WORKING. CHINESE STEAMSHIP, OWNER FINED.

1 desire to associate myself entirely with what Brother Amair has end about the absence to-day of the late Bishop Pozzoni. I need not refer to that sad

Hong Lok, owner of the s.. sin, was fined $200, with the alternative of one month's imprisonment, at the Mariae Court, yesterday, by Lieut.Com. Conway Hake, R.N.R.. for working cargo in the event, which has been a tremendous toss, 6ciency oa the Chinese Reorganization Government buildings. Such an arrange

harbour on Sunday, the 17th inst., with out a permit

The defendant pleaded Guilty to

the charge.

not only to education, bat to the Colony

life should be.

tional upon similar undertakings by Argention, Turkey and the Baltic Powers; thus, notedy is pledged to definite disence itself was not unanimous on the sub-hour in the vicinity of Sham Su Po when ject, that a standing economic committee, he saw a junk on the South side, aft of the ss. Asia. He also noticed the ship's with general terms of reference would not

derricks were working. On going on assist co-operation among the governments, baard Inspector Bond discovered coolies that you have, amongst your senior imately the same entry of new students heen made good, nad one or two minor

armament.

EARLIER CABLES,

DOCKERS RECOMMENCE

WORK.

RAILWAY MEN'S INTERLUDE.

LONDON, February 25th.

Therefore the Government was unable to support the adoption of the Imperial Con- ference's recommendation.

Pressed on the subject, Mr. Thomas said the Governments of the Dominions had

unloading bricks. The master of the vessel was not on board but on inquiring from the compradore he found that the shin had no permit to work cargo. The vessel had been in harbour some five or six days

The dockers' delegate conference has not been consulted. There had been no previous to this. Witness west on to say to the University to be able to start their I am afraid that a lower figure must henge figure might perhaps be kept as low

decided to endorse the settlement and to call off the strike.

Work will be resumed at all porta to- morrow morning.

LONDON, February 25th. The N.U.R. men at Hüll struck today. owing to the dismissal of hundreds of ebeckers employed at the docks in the rail-- way warehouses.

The strikers express the opinion that this is a reprisal for the recent strike, but the officials say that owing to the dock strike it is impossible to keep the full number of men usually employed in the goods depot.

Up to the present the engine drivers have not joined in the strike,

LATER.

The Hull strike has ended in view of the conclusion of the dock strike and the

time to get in touch with anybody about that a number of ships in outlying parts of the harbour gave considerable trouble in this respect and it. was very, dificult to catch them working cargo on Sunday.

it. Mr. Thomas added that the matter would come before the House. COLONIAL AIR TRANSPORT, NO GOVERNMENT SUBSIDIES.

LONDON, February 25th.

In the House of Commons, replying to Mr. Ropner, Mr. MacDonald said the Government at present did not intend to fubsidise air transport companies in the colonies or to make grants to Colonial Bovernments towards the support of Col- onlal air Hines,

LATEST CABLES"

CARPENTIER TO FIGHT TOWNLEY

PARIS, February 25th. Carpentier has contracted to meet the railway's withdrawal of the dismissal English heavy-weight, Arthur Townley, patices.

at Vienna on April 27th.

DAVIS CUP.

CHALLENGE FROM JAPAN.

TOKYO, February 25th;

ANGLO-GERMAN CUSTOMS

AGREEMENT.

REPARATIONS LEVY REDUCED.

LONDON, February 23th.

The defendant said the cargo WAS being worked by coolies without his orders or consent. The compradore, he said, had quarrelled with the coolies be cause they refused to stop working cargo. His Worship described the case "as a very deliberate attempt to evade the Ordinance and imposed the fine stated.

4རྦ .

RICE MARKET. Messrs. Wm. G. Hale & Co., Ltd., of Saigon, in their circular dated February isch, say:-

During the past fortnight our market has strongly advanced together with ex- change. This is due principally to the firmness of the market at Hongkong, and to the arrivals of paddy being insuficient to cover the pics ont dees to the feely no just now. There has been practically no demard, buyers holding back expecting better prices. Market closes very firm The price of paddy has further advanced to-day.

Now Crop is beginning to arrive in good quantity, from many provinces, but the real season crop will not be ready before the second. fortnight of March which means practically about one month Inter than usual, and from this it is.to be feared that our prices will remain firm The until then..

Japan has challenged for the Davis In the House of Commons in answer to Cup. It is probable the team will be: questions, Mr. Wro. Graham, Financial Shimizu, Miukuda and Tharada. Secretary to the Treasury announced that last named is a Keio University player. ngreement had been reached with Ger- many whereby the rate of the British reparations levy on imports from Ger- many will be reduced from 20 per cent. to five per cent, from February 28th

EARLIER CABLES.

The following, from the Straits Times, is a comment on the heavy rains which

· ENGLISH · FOOTBALL CUP.

rather marred the festivities in connec tion with the visit of the Empire Squa- LONDON, February 25th.dron to Singapore:-

In Singapore: It was Tuesday even- The Football Association Cup draw foring and Jack and his mate had been uy- Germany agrees to compensate the Ger the fourth round, to be played on Marching for half an hour to get from High Jack was inclined to being drowned. man exporter later, and to make it a pupath, is:-Manchester City . Cardiff; West Street to The Squadron Club without ishable offence to charge any of the levy Bromwich or Wolverhampion Aston grouse: "Nice way o welcomin' sailor- men ashore. Looks to me at it they to the British importer.

want the bloomin' Ood to anchor on Customs recetpris respecting importa

that there thing they calls the pandang. prior to February 20th, will he reimbursed

Bill grunted: If this ecr drop orain had come a bit sooner, she might n gone by Germany in gold bonds.

to the Governor's Garden party."

Villa; Swindon . Burnley Newcastle v.. Southampton or Liverpool. In the First Division, the Arsenal fast to Sheffield United by 1 goal to 3.

Your successes in the Matriculation examinations must be very pleasing and gratifying to you, Brother Amair, and to your colleagues, and I do hope that as many as possible of the Matriculation students will proceed to the University. know there are great difficulties in the way, but, wherever possible, parents should make sacrifices in order to fit their sons for a useful "career in their future lives.

.-

No item of expenditure other than those already referred to shews an ex. cess over estimate which calls for any comment in this connection. Apart from the items referred to in my detailed com- The excess over estimate on University ments later, the total of such excesses is Examination Fees and on Matriculation some $1,200; spread over some twenty. and Local Examination Fees is in each different items, and is more than offset case misleading unless the corresponding by the corresponding minor economies

RESULT OF YEAR'S WORKING. receipts (which depend on the number of examinees) are taken into account..

In the result, the year's working closes I have read the report of the Tospector. The net cost of our University Examina of Schools on, St. Joseph's College; it was tions in, in fact, less than the estimate with an apparent deficit of 81,540.38.. certainly a most excellent report and most that of the Matriculation and Local The retirement of members of the staff. enthusiastic on the work carried on here. Examinations is greater than the esti- who, had they remained with us, would And I agree with it because I can see mate and is dealt with later. Book store have been entitled to contribute to the advance profits-unprovided for in the Budget superannuation fund and to make good year by year. You have buildinga. on this very fine site and are placed higher, but, as stated last year, years has, however, the effect of setting making good use of them. I am glad I regard it as essential to make provision free from the superannuation reserve that the new building, so long talked for the fact that our stock in hand is fond (which is a reserve to meet our own about, is going to come about, and per-valued in our stock-taking at its selling contingent babilities under this head) a haps we may have the pleasure of hold-price, ao bringing in profits yet to be sum of $4,468.24: and although this us ing our next prize distribution in it realized. For this, adequate provision cannot properly be brought into the In- am sure that Brother Michael, who has now been made and a profit will be come and Expenditure account in respect" knew so well in the Straits Settlements, budgetted for in 1924. The item of House of the year, it goes to wipe out the ap

parent deficit and increase our current and who was the best beggar that this Rent figures at 81.041.23, against an school ever had (laughter) will rejoico estimate of $1.800.00. The item is, in balances. The result is that our current with us when he knows that this building fact, no more than a matter of account balance of $40,000.90 is increased to is going to be erected, and most likely between our general funds and the Sur- $42,822.35; giving after the transfer to he will probably turn up here when it is gical and Medical trust funds, and it the Reserve in respect of advances made being opened."

happened that our Professor of Surgery on behalf of Governments of the sum Sir Cland then paid a special tribute

was on leave during a portion of the year. 32,500, a final balance of $10,499.25 to the Scout Movement and concluded by

an income of being an increase of 8422, as compared The final result is referring to another extract from the 2010, as stint an estimate of with the situation at the 31st December, Headmaster's report dealing with the $287,276. This excludes, of course, the 1962. As already stated, our real situa- value of the cinematograph as an educa income on our trust funds held for specking over to the 1st January of half a tion is further strengthened by the carry- tional factor. He understood that this

year's interest on our holding in the Chinese Reorganization Loan. system of teaching had the approval of

· EXPENDITURE.

CONCLUSION. the Education Authority on condition that such lessons did not interfere with the

Had the above facts stood alone, it is ordinary school corriculum and were given out of ordinary school hours. So clear that financial stringency would have My anxieties as to the general situa far as geography was concerned, it would bees an insuperable bar to any policy tion (which, on the whole, is not un be of great use by showing the boys of constructive reform during the yen sound) can best be dealt with and wai towns and other parts of the world which under review. It happened, however, be illustrated by my Budget Note for they could not appreciate unless they that during the second half of the year, 1024, which, I regret to say, has mainly could see them before their own eyes. in particular, we were decidedly thort of owing to the late return of the Registrar

Sir Claud wished the College & very staff, no fewer than five members of the from leave, still to be submitted,

As the present statement of accounts the first half of the year, and the un- in the last that I shall have the honour: successful year and afterwards proceeded staff having vacated their posts during to distribute the prizea.

grudging help of the remainder of the of submitting, I cannot conclude without stall, coupled with the absence of third renewed recognition of the great obliga year classes during the autumn tera (ation I am under to the Registrar and to HEAVY SUGAR LOSS IN Cuba. result of the change in the academic year every member of his staff. Every cat in 1921), enabled us to leave four of the I have made upon them during the last Havana cable last week to the Manila posts in question vacant until the end three years has been cheerfully met: 0 papers said: Fires on four plants of the year. The result was a saving on innovation has been resented, even a tions in Camaguey province destroyed vacant posts of $15,878, to which must the stage at which it has been imperfectly It is be added a saving of 87,085 on part-time understood and I could wish the Univer 11,000,000 pounds of sugar cane: believed the fires were of incendiary lecturers (some all of which was fore sity no body of wore loyal or more.

scen and was available for unforeseen efficient servants. origin.

that you are making a stead your figure at 81,403. They might have been arrears of contributions in respect of past

fe purposes, which amounts to some

$50,000.

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