CABLES.

THE HONGKONG DAILY PRESS, TUESDAY, JULY 21ST,

+

H.E. THE GOVERNOR ON

EXCHANGE, BUSINESS.

STOCK

LATEST CABLES..

THROUGH BRUTEN'S AGENCY.]

BRITISH NAVAL PROGRAMME. CABINET STILL UNDECIDED

LONDON, July 20th.

The Cabinet has not yet reached a decision on the subject of the Admiralty programme for now construction. It is understood that Lord Birkenhead, Lord Salisbury and Mr. E. F. L. Wood are the chief protagonists of what the Ad

irreducible miralty regards as the minimum for cruiser construction.

The question is still being thrashed out by, a sub-committee.

The Earl of Oxford referred to the matter in speech at Midhurst, when he said that the proposed new cruisers would cost at least £9,000,000 apicer, and asked: against whom they were to be built. The contention that they were replacements was, he said, ali moonshine. it was the creation of a new aggressive fighting factor in the world's armaments at a time when there was not the faintest necessity for it. This was the last mo- ment to select for adventurous unval programmes. He thought that it was little short of lunacy in the present state of mechanical science to indulge in pros pective programmes based upon hype- theses which the future was very likely to demonstrate to be wholly baseless.

MINISTERS

RESPONSIBILITY,

Sir Worthington Evans, speaking at Dunmow, said, referring to talk of a split in the Cabinet on the subject of the Naval programme, that there were bound" to be differences of opinion, but all the Cabinet Ministers felt their respon sibility and would not take risks with the Empire.

It is noteworthy that the Fleet Order issued on July 18th contains the Ad- miralty's decision regarding requeste which were submitted at last year's Wel- fare Conference on behalf of the lower deck. The erder declares that the re- quests, involving considerable charges on the public, cannot in the existing finan- eial situation, be expected to achieve a favourable result, and are accordingly re- fused.

11

MURCHISON'S STATUS. A.A.A. PRESIDENT'S STATEMENT.

LONDON, July 20th. Sir Montague Shearman, President of the Amateur Athletic Association, made statement on the question' that has arisen to whether the US. athlete, Murchison, forfeited his amateur status since leaving America by personally accepting expenses for appearing in athletic events in Germany. He said that "the matter would be enquired into by the English Association and the Amateur Athletic Union of America.

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FRENCH ELECTIONS. LEFT BLOG DOING WELL

PARIS, July 20th. Elections took place yesterday all ever France with the exception of the Paris for the Conscite Generus and Conseils d'Arrondissement 1,197 results are so far to hand out of about 1,500 ex- pected. They show that the Left bloc bad lost one seat and won 66, of which 6 were conquered by Republicans and Radicals, and 43 by Radical-Socialists and 15 by Socialista.

The Conservativo and Moderate Repub-

TIME IT WAS PLACED ON A SOUNDER FOOTING.

23rd.

JUNE

SETTLEMENT FIXED FOR JULY

As was anticipated, the Ordinance dealing with the June Settlement passed its third reading at the meeting of the Legislative Council on Monday and became law. The settlement is to take place on July gard and the July settlement is due on the 99th inst.

It was announced in the Daily Prens yesterday that the effect of the Bill would be to allow the resumption of business at the point where it was left off. Transactions will be carried through as though the Stock Exchange had not closed. Brokers, it is understood, agreed among themselves, for the purposes of the Settlement, to accept the prices of shares quoted on June 22nd-the day before the Exchange closed its doors-and to regard the payment of differences" between auch prices and the contract prices as a complete discharge of all obligations incurred by buyers. At the Council meeting the Hon. Mr. Alabaster, supported by the Hoa, Attorney-General, endeavoured to ges, the first part of this undertaking inserted in the Bill in order that there

"differences should be no question later regarding how

were

to be calculated. They thought it might save fature litigation if it was ainted definitely that the June nd prices were to be accepted. Their amendment, however, was not supported by any other member of the Couheil, and H.E, the Governor spake strongly against it. His Excellency's opinion was, broadly, that the brokers might be left to settle such details themselves and be hinted that people generally would have too much common sense to throw good money after bad in litigation. During the discussion very considerable doubt was expressed whether the Stock Exchange had any legal right to close. The members of the Exchange were presumably advised much right existed, but a H.E. the Governor remarked that night tend to show simply that lawyers in this Colody were sometimes wrong."

In conclusion His Excellency said: "Quite apart from the dißculties caused by the strike I think it is notorious that there would have been great difficulty over the Jane settlement owing to the amount of gambling that takes place. I think it is high time the Stock Exchange business in this Colony should be put on a sounder footing than it has been.

I think the experience of the last two or three years has shown that a certain amount of regulation is required and i propose, when we have leisure to think about it, that we should take the matter agala into consideration."

As soon as the third reading of the Ordinance had been moved and seconded, the Council went into Committee to con sider the Hon. Mr. Alabaster'e amend

ment.

Mr. Alabaster desired that the follow. ing should be added to Clause 3 of the Bill:-

Provided that the measure

mentioned

on the

members

VISHE WINCO Close Afterwards tho

he WIN

1925

PO HING FONG DISASTER. FAR EASTERN · CABLE WORK OF EXTRICATIÓN STILL

PROCEEDING, .

THE HONGKONG STRIKE. MORE MEN RETURNING.

The local strike situation was döäbtedly much improved yesterday, The work of extricating the bodies of mory men coming back to their jobe and the viotims of the terrible flood disaster asking to be reinstated. Many more have at Po Hing Fong still continues un applied for their old positions at the easingly. Further dead bodies were re- Naval Yard, but a lot have lost their covered yesterday, but since the remark- chance of re-employment because they are able and gallant 'rescue of the thirteen | now called apon to pass a medical ex-years old Chinese girl in the early hours amination before they are taken back of Sunday morning no one has been re- For many of the older men this has covered alive. meant rejection,

The more dificult part of the work has bean reached and many heavy beams of POLICE RAID ON IDLERS. Police assisted by the military, carried wood have to be sawn through in order out a raid yesterday morning at Hung- to clear the débris; while big sections hom, ou houses usually tenanted by Kow. of brick walls that have collapsed and Inda Dock workers. A house-to-house have become firmly wedged and buried search was made in Wuhu and Bulkeley deeply in the earth were being dug out Streets, and 89 then arrested, most of yesterday with pick and shovel. whom were former dock employees. When the cases have been investigated, those who are found to be strikers will be deported to Canton..

"

NEWS.

【THROUGH 28UTKR'S AGENOY.}

́UNREST IN THI NORIH.

BRITISH VESSELS FIRED ON.

SHANGAI, July 30th.

www.

A wireless message from Luchow, Szo. chuen, states that two ressels, escorted by H.M. S. Teal from Chungking, bare" arrived for the purpose, of bringing down foreigners from Chengtu and other parts of Szechuca.

The vessels were fired upon by Chinese troops on the way. H.M.S. Teal replied,

There were no British casualties..

JAPANESE WARSHIPS COLLIDE. Kvas, July 20th. Yesterday when a Daily Press repre sentative visited the scene of the catas The destroyers Truta and Hagi collid- " trophe, he found the members of the Fire ed during maneuvres in the Bungo Brigade hard at work. No praise could Canal on Saturday night. The former be too great for the splendid work that

has been done by the Fire Brigade. was slightly damaged, and returned for

repairs.

The raid was directed by Mr. P. F. J.They have attacked their grim task with Wodehouse (Captain Superintendent of resolution and yesterday the progress Police), Mr. W. R. Scott (A.SP) and that they had made was remarkable. No Mr. L. H. V. Booth (Assistant Director the has worked harder and more willing of Criminal Intelligence).

ly than Mr. Condor, the Station Officer at the Central Station, who has also noticeably encouraged the firemen under him.

SHIPPING,

The Indian and Chinese sections of the

FIGHTING AT SHENSI

SUN YUEH'S REPORTED DEFEAT.

PEKING, July 18th. At 9 am. yesterday there was a total

The vernacular papers state that the of 24 vessels in the Harbour, of which 5 were British. There were four arrivals St. John Ambulance Brigade have per- headquarters of Marshal Tuan Chi Jui for the treaty-four hours ending at formed invaluable services during the have received a wire from Shensi report-" A.. yesterday and three departares, past few days and worked hard again ing that, Sua Fuch's forces have been compared with eight arrivals and three yesterday. They have shown a marked departures for the previous twenty-four sense of duty, despite their long spells defeated, and that Wu Hsin Tien has hours. Of the ships arriving in port of work. They are under the supervision entered Sianfu. during both periods, six were British. of Mr., E. Ralpha (Assistant Commis

two American, two Japanese, one Dutchsioner). and one Germ

Alails were entered during the week end by the s.8. Tjebodas from Batavia sis. Fulda from Bremen and Manila; s.5. Hin Sang from Sandakan; 8.8. President Pieres from Manila and the a. Pre- sident Grint from Seattle and Manila.

Dr. G. E. Thomas, of the Tung Wah Hospital, and Mr. RA. Smith (Sanitary Inspector) were also noticeable among those taking an active part in yesterday's operations

DOSSER TRIAL SEQUEL.

FORTUNATOFF ABSCONDS.

SHANGHAI, July 9th. Fortunatoff (a Russian doctor who was Among those who visited Po Hing Fong yesterday were the Hon. Mr. A. . Lang arrested on July 14th in connection with and the Hon. Mr. Mcl. Hesser. Other the Dosser trial, and allowed bail) did members of the Government have also not appear in the Mixed Court, this

morning. visited the scene from time to time.

The police believe that he has left the

PROPERTY RECOVERED.

to do so would result in the consequences

I assumed, it appears have

I do not wrongly that the Stock Exchange was entitled

THE RIVER STEAMERS. to postpone the Settlement. apologise for that error because it appears

The Tung On, following her, return y by the to have been shared not only by of the Stock Exchange, who definitely in from Kongmoon on Sunday, has now re- formed me

me that they had taken legalaumed her Canton run, leaving Hong- advice

et, but also by another kong yesterday morning for the port. the subject,

There has now been a considerable town, and the Court ordered his bail. quantity of property taken out of the to be forfeited, and a warrant, to be damages for any breach of any such cal adviser who allowed them to think that She did not take up many passengers..

The Macao service has also been re-wreckage. This comprises. furniture, adviser contract shall be the difference between, they were entitled to the contract price of any such shares Lawyers in this Colony sometimes are sumed, although very little passenger household utensils and other effects, such issued for his arrest.

Judging the position as it was trade is being done. The boats operating as ornaments, tea services, etc., books,

is that while such heavy articles of fured pending Fortunatoff's arrest, with a That completes the with interest on such difference at the the closure.

niture as couches and, chaire have been reduced ball in 82,500, which, however, rate aforesaid from the 3rd day off of my interference until

As I said

damaged, such articles as cups and saucers, was not found. legislation comme up. · As Think the Government sy June, 1995, until payment."

On enquiry at the Sanitary Depart and even glassware, bave in many cases this matter to

the

smallest extent possible ment yesterday, Mr. N. L. Smith (Pre-cot been eren cracked. A dozen gramo The Hon. Mr. ALABASTR argued that it and I think the best course we could have sident of the Sanitary Board) stated that phone records excavated were not dam was not clear from Clause that the buyer taken would have been to say in one clause two of the deparment's launches were aged at all, but a gramophone taken out who repudiated his contract now would the

Gregorenko (a Roumanian, also a sus

and the closing price for the same on bed to me I said I had no objection to are the San Ying. Ko Chow, Hang Chow money and jewellery. The surprising thing pect in.zhe same connection) was remand-

the 2nd day of June, 1923, together

IN CASE OF REPUDIATION,

not

Lon

extent and the Chuen Chow,

tion of 1

in

SANITARY DEPARTMENT.

they would be taken on as new men.

-J

FOOD SUPPLIES. Mr. N. L. Smith, the Food Controller,

MOTOR ACCIDENTS.

MISHAPS TO LOCAL BUSES. Police reports show that three accid. ents pecurred during the week-end. An Aberdeen bus loaded with passengers

informed the Daily Press yesterday that on the wreckage had reached the damaged in an accident which occurred

be placed in the same position as he is authorement of the June Settlement i now in use and the

and leave all persons to be mannel during ning launch will was nearly unrecognizable. A pathetic next few days. A sight is the many children's exercise and would have been if he had repudiated discover what exactly the result was. The large number of coolics, particularly in schools books to be seen lying here and his contract on June 23rd when the Stock measure of damages, under these contracts, the Shaukiwan district, have Raked to there

as it should a matter which I consider should be return to work, but as yet none of them A considerable amount of clothing bas Exchange did not open

decided

by the Law Courts if any one is have been reinstated. Mr. Smith stated been recovered in excellent condition, If it is the policy of this so unwise as to wish to decide the matter in that he might take them back in the except for dirt stains. All property re byerturned on the Pokfulam Road, The have done. Council, as I think rightly, he can that way. Hut I cannot suppose that course of the next few days but, if so, covered, which will be of may use what-1 driver sustained a bruise on the left hand

will be anxious to throw good tinned, that there should be as little one

ever, is being stored in a nearby house but all the passengers escaped without Ead in carrying on litiga

injury money, after

ready for sorting and to be claimed by interference as possible with the law of

in, connection with these agree-

relatives of the deceased victimis.

On Sunday afternoon, another bus contract in this matter, it is desirable tion

of which, many of

We know, ments, that we should put the buyer if he re-

By yesterday afternoon the workers owned by the same Company was badly duly

stamped, hould pudiates. Dow in exactly the same pos- were

consideration." tion as he would have been if he had for a valuable repadiated on June 23rd, that is he imagine the brokers and their clients would the slaughtering of pigs and cattle had first foor and were attacking the region at the bottom of the Dairy Farm Bill been reduced during the last few days. of the ground floor, but it is estimated near No. 10 Bridge. One passenger was should pay the difference between the have the good sense to compromise in a re contract price and the rate ruling on sonable manner, or if the matter could not Until recently 100 pigs and 50 cattle were that it will take at least another four removed to hospital suffering from June 22nd. The non-opening of the be dealt with in that way

lines been reduced to 50 pigs and 30 cattle. has been reasonably cleared so as to make and an inspecter of the Company were ♫ charge of Stock Exchange on June are was not caso would be sufficient to decide the lines slaughtered daily. The number has now days before anything like all the debris severe out on the forehead. The driver

might

be assessed. For

Cattle and piga in normal times have certain that all the bodies buried under taken into custody on

negligent driving. due to either the buyers' or sellers' fault. on which damages

Passengers in a Hongkong Hotel bus It was satirely an operation of the these reasons I do not advise the acceptance been shipped from Chinese seaports, the neath it have been recurred,

of the amendment now

How proposed.

WORKERS' RESPIRATORS. animale coming from the interior of

at 2.30 on Sunday afternoon passed a car brokers, and the brokers should not gain,

One test case China. Since the strike, however, there The ATTORNEY-GENZIAL by & postponement of the Settlement.

might decide the question in one particular have been no supplies from this quarter Up to the time of going to press last which had run of the road at Deep Water Naturally everyone waited to see what class of shares. But there might be dispete and beasts have been brought into Kow night 4 more bodies had been recover. Bay and plunged into a low lying paddy would happen, but now I think "tuvest over six or seven classes of shave already loon from the New Territories and thed, making the total: Dead: 61, and field. The police, however, had received

no report yesterday. anticipate that certain of the buyect

am not familiar with the opera-outlying villages. A large number of injured, 20. The first body recovered will repudiate and it seems fairer that observed, they should pay the same rate of damages tions of the Stock Exchange, but I am pigs were brought to Kowloon on Sun- yesterday was that of a woman from No.

give the

the Brokers the benefit of day. There are ample supplies for Euro-14, which after three hours work, was taken out at 1.15. a.m. The next dis- as if the repudiation had taken place inclined to

assuming that they are reasonable men and peans.

And I do of common sense. And

All markets in Hongkong are now recovery was made about 4 p.m. when an- not think at once.

anyone is going to throw away good money opened, and the Kowloon and Yaumati other body of a woman was taken out

they

any markets are being opened to-day. The from part of what was once No. 14. In can hod on legal questiod of compromise, which hawking of pork, however, has not been the meanwhile the body of an amah bad might be regarded as typical of what should totally prohibited because some of the been found in No. 19 and after several that the French gave up the posta at Bab think it is obvious that he had absolutely be done. Actions might be started in re-rich Chidese have complained that owing hours work, which entailed the removal other ladies connected with the Hong- Hosciia and Wedhamrim as they were no control whatever over the action of Bard to different classes of shares but it is to their servants leaving it has been af tons of earth and sections of a brick kong Police Force.

the Communists 4.

licans have lost a total of Bi seats, and All Ministers standing were re-elected. FRENCH IN MOROCCO. RIFFS MOVING NORTH..

PARIS, July 20th. According to telegrams from Fez, the Riff regular troops appear to be moving Northward, Seaving the rebel tribesmen to carry on operations. The object of this movement is nct yet apparent,

French aeroplanes are incessantly ac tivq between Fez and the front line, trying up bombs, munitions, and food and bringing back wounded It is stated

The posts were destroyed. isolated. French aeroplanes are steadily bombard- ing the abandoned French positions.

HOME COAL CRISIS.

LONDON, July 20th.

POSSIBLE LITIGATION.

The ATTORNEY-GENERAL supported the amendment So far as the buyer wat is a principal is concerned." he said, "I

HE Tax GOVERNOR.

men of

more

shares.

The firemen and voluntary workers were provided yesterday afternoon with cotton-wool respirators, soaked in che micals, to wear while working in close. proximity to the buried bodies. These had been made by Mrs. Burlingham and

The bodies of Mr. Chau Siu Ki and likely that the Stock Exchange will difficult for them to get supplies. Pork wall, which were pinning her legs down, rather go on with its normal business than sellers, therefore, are allowed to hawk her body was removed. While this was the members of his household are still

its money on litigation.

mcat in some of the Chinese residential in progress the body of a man, whose being retained at the Tung Wah Hospital districts.

head was nearly touching the woquo's and they will be transferred to the body, was found and extriented.

Interment will repository next week. take place at a later date.

GENERAL NOTES.

CHAMBER OF COMMERCE. His Excellency then made the remarks quoted above concerning the advisability of

Dr. Tso, the Chinesa Labour Coa- putting the business of the Stock Exchange

In he remarked troller, informed the Daily Press yester "the Government

At a Court of Enquiry into the coal litigation. It would be extremely difficult on a sounder basisidered this matter day that the number of seamen who had]

dispute, Mr. MacMillan announced that the Miners' Federation had refused in vitations to attend the 'enquiry.

FRENCH, NATIONAL LOAN.

the different Stock Exchanges in elesine their doors, and therefore he ought not spend to be damnified by the postponement Another point I would urge in favour of taking some definite date, or definite standard, is that it is possible we may have an enormous and an endless sea of for any Court of Law or any jury when

ber of Commerce that the time had come considerably during the last few days, July, 23rd comes to state what is a fair with some care and suggested to the Cham-applied to him for work had increased market rate for the shares. It seems to when it was desirable to put the Stock Amongst them were fremen, deckhands me, from every point of view, that it is Exchange on a

in this Colony bring it as near as

into line desirable we should

with the The Chamber of shipping firm with 30 men Commerce for reasons which I have for day.

with. Before

the amendment was Council, the Hon. Mr. KOTEWALL said, as he bour as in pre-strike times, the charges was in a small way interested in the Settle being the same. ment, ha

ho thought it desirable that he should

the only rate practicnbi-that is the London Stockfooting and tod stewards. He eupplied a Chinese

the

on Satui.

cent. "parties will know, both buyers and gozel was not proceeded but to the boats available on both sides of the Har

PARIS, July 20th. Subscription lists for 4 per "Rentes Perpetuelles," with a guarantee against Exchange fluctuations were open ed this morning. The issue is confined to holders of National, Defence Bond's. The Government are undertaking a wide publicity campaign on the subject.

DAVIS CUP TENNIS. MEXICO AND HOLLAND OUT. MEXICO CITY, July 19th.

ain bas eliminated Mexico from the D. Cup, winning all the Singles

NOORDWYE, July 10th.

France bas eliminated Holland from the Daris Cup, Lacoste and Brugnon beating Van Lennep and Diemerkool, 8-1, 6-3, 08, 017

Mexico C, July 20th, Spain niso beat Mexico in the Doubles in the Davis Cup. The Spanish players departed for the United States and will meet Japan at Baltimore.

TENNIS IN U.S.

SELBRIGHT, New Jersey, July 20th. The Oxford and Cambridge lawn tennis team beat the Seabright Club by

matches to 2

closing rate on June 22nd. In ters and Cotten, if I ever knew them, objected and There are now nearly as many motor sellers, where they stand and I think will be generally conceded by members of this Council that certainty is of the greatest importance in a matter of this

sort.

POSSIBILITY OF A STAMP. HE. THE GOVERNOR: It seems to me that the introduction of this amendment gom perilously near getting back to the Bill which we refused on Saturday, I find it

not vote.

Hon. Mr. HOLYGAK: Does not this amendment represent the term which Br. Shenton, on behalf of the Stock Exchange, agreed to?

Es

While there is no record of members of the Seamen's Union having returned to work, it is worthy of mats that the crews of the as. President Pierce and the B. Prent Grant proceeded about The ATTORNEY GENERAL It corres their business without incident and the

to the termen agreed by the brokerz vessels were able to depart.

Hon. Mr. HoLYOAK:. If the broken hara

difficult to believe that if the Stock Exchange etter. had been able to open on June 23rd-in which it could not do people would have

#

A large number of seamen have re

carried through their bargains at the prices agreed to meet the Settlement in this way Igistered for work through the Labour raling on June 22nd. I was informed, that do not see the need for legislation

the H.E. THE GOVERNOR: they have agreed Controller and various offices, but some if any attempt had been made to open the there is no necessity to put the matter into have been recruited by the Government

23rd the position Stock Exchange on June would have been "a slump. Shares would the Ordinance. If they have not agreed it from the New Terriaries. However, there hars been thrown on the market and the seems to me the difficulties would remain in will shartly be nothing to hinder ships with cargo from getting away from their The ATTORNEY GINERAL: The brokers anchorage, and the Hai Ning belonging Colony, would have suffered a serious to any case,

agreed, but not necessarily the to the Douglas Steamship Company, bas aucial loan.

already moved to the wharf for the pur principated, the amendment was lost, only pose of taking in the mover and seconder voting for it.

ing American Nava, chiefly compris Council then resumed and the "AT- TORNEY GENERAL moved the third reading of the Bill.

H.E. ON LAWYERS.

I would like, as & matter of interest, to mention that it appears to have been assumed that the postponement of the Bettlement was an act, in some way, of the Government. What actually happened was that I was informed inte on June 22nd that the brokers said it was impossible to carry I through the Settlement and that any attempt

have

The COLONIAL SECRETARY Seconded, and the Bill was read a third time and pusss

Council then adjouned sine die!!

stores.

The average, number of coolies being

of various icinda, is now 1,500.......... The applied by the police daily for labour supply of coolies is quite sufficient meet the demanda.

(Continued on next Column).

CHINESE ART.

AN INTRODUCTORY, REVIEW OF

PAINTING, CERAMICE,

BRONZES, SCULPTURE,

By

"TEXTILES,

JADE, etc.

Seven Distinguished Oriental Art Scholars.

PRÖFUSELY ILLUSTRATED.

$20 Per Copy...

The chapters, though related with each other, are self- confained, and can be read in whatever order the reader chooses in accordance with the course his previous readings have taken.

KELLY & WALSH, LTD,

CHATER

ROAD.

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