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-LÖNDŐK-AND-EBAKANALİ
THE HONG KONG DAILY PRESS MONDAY, FEBRUARY 27th, 1928.
FOR ADVENTUROUS YOUNG BRITONS.
EXTENDING THE BENEFITS OF EMPIRE SETTLEMENT ACT.
[DRITISH WIRELESS SERVICE)
Recay, Feb. 24th.. The House of Commons to-day passed the second reading of a private bill, the object of which is to extend the benefits of the Empire
Settlement Act.
BRITISH FAIR.
AN EXAMPLE OF BRITISH
TERPRISE.
HIS MESTY COMPLIMENTS
20
"IMINGHAM.
(BRITISKLESA BEKVÍCE.]
}
RrGuy, Feb. 25th. In a congratulatory message to the Lord Jinyor of Birmingham, HM the King, who with H.M. the Queca, visited the British, Indus- tries Fair there on Thursday, refers to the Fairgrowing from small a Mr. A. A Somerville (Conser beginning years ago to the remark vative), who moved the second readable exhibition of British products ing, urged the necessity of giving which it is to-day. more encouragement to the spirit of adventure of the young men af this country. He said we ought to le sending out to the dcminious yearly
hundred thousand men, instead of the pres sent, average of 30,000 to 50,000.
two
three or
Mr. L. C. M. S. Amery, the Donginions Secretary, said the Government endorsed the second
ading of the l with some reservations He deprecated the Iden involved in the bill of using unemployment benefit for the assistance of emigration. He and it was only men likely co succeed that we ought to encourage to go Overseas. The mere fact of men being unemployed was not in itself any argument why we should run the risk of exchanging unemployment in this country with Home surroundings for unemploy-
ng in unfamiliar surroundings. A great den of the hesitation fond the restricted attitude towards
Kinpire settlement, which
Was in
shown overseas. particularly some dominions, was due to the idea that we were trying to get ril of people we did not want here, in order to les them take the chance of sinking or swim- ming overwas.
Complimenting the Birmingham Chamber of Commerce on its cour. age and initiative, His Majesty added: "There could be no bet ter example of British enterprise than the two annual fairs in Lon- don and Birmingham."
BRITISH-INDUSTRIES.
www
SAFEGUARDING POLICY MAY BE EXTENDED.
[BRITISH WIRELESS SERVICE.
RUGBY, Feb. 25th. Sir Arthur Steel Maitland, Minia- ter of Labour, speaking at Birming hum, declared that the Government heped to extend their safeguarding of industries policy.
►
BRITISH BY-ELECTION.
CONSERVATIVES RETAIN
---ILFORD.
(THROUGH REUTER'S AGENCY.]
LONDON, Feb. 24th. The Ilford bye-election caused by the death of Sir Frederick Wise, resuited as follows:
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
FEBRUARY 25TH, Ing.
BT. Bank ... a....$1,260 buy., 1,270, 18.
De London...139) nom,
Chartered Bank......... .£li buy.
Mercantile Bank, A. &8...,”
Do..
P. & O. Bank
East Asia
*nom.
078 bay.
Bang fore
Canton Insurance.........1997 bay. $30 bay. Union Insurance North China Ins....... 143 nom.. Yangtase Ingurasoe......
...! CHEM Chins Underwriters$.20 bay, das Chiss Fire fusarance....3215 nom. Hong Kong Fire In......640 Douglas
143 bu H.K. Steamboats 27 bay. H.K. Tug. $2 buy... 3.90 sel. Tudo-Okinas (Pro) 36 buy.
Do.
(Def.) $40 num. Shall Transports
120 bay Waterboats....... Benguets
Sy bay. .86/ Kailan Mining Ad.........
18 scl. Langkats (combined)..... Tia.
Do. (angle) **** Tis. 10 sol. S'hat. Explorations „, Th, 2.85 vol. Shanghai Lowassa.Tim. 6.10 mol. Baubs:
nom.
nom.
Tronch Mines 17131934 86. B.K.K. Wharf...$133) buy E.K. & W. Docks...
China Providents
Hongkawa
New Engineerings.. Shanghai Dock Ewa Cottons.......
Do.
nom.
36 now. Tis. 165 bay.
Tl. 8
5 buy. Tis. 97 nom. (Th. 7:45 buy, 7.83 mal. TT. 2001.
Orientals Shanghai Cotions (old)..... 45 boy,
(new)......Ts. bay.
18.65 buy. 3841 but
H.K. & S. Hotel ELE. Lands Shanghai Lands Humphreys Hots
V buy.
*** Tla 137
buy,
25.95 sel.
H.K, Tarnitana....... 31 nom.
H.K. Tramways...325) buy,, Peak Trame (old)......
Bo.
Star Tarries
*CH
(new).........28 nom.
...............$63, nom. China Lights (comb)....$16 buy. Do (old)......$13 nom. 10. (Bow) .....39 nom.
...$73) nom.
HK Electrica
Macs Electrics ......$21 bay. Telephones..............
China Buses..............
Unethployment was cur own domestie problem which we had got to solve on our own lines by find. Sir George Hamilton (C.). 18,260 Bizgapore Tractions.
Mr. A. S. Comyns Carr, K.C.
(Lib.) Mr. CR. De Gruchy (Lab.)
ing the true balance of industry and readjusting the occupations of our population. We were
asking the dominions to help us to solve our o problems.
זניות
What we were doing in settle
at was in a spirit of willing e-operation in Empire matters, in moving people from one part of the Empire to another.
China Buga
8,02 13,691
Canton Ice Malabon Sugar
Do.
Cone majority............. 4,64%
The Conservatives retained their seat, but lost a tremendous amount of ground, the famous King's Counsel, Mr. A. S. Comyns Carr, the Liberal voto by nearly 100 per cent. The figures at the General Election were:
increasing
..$4.35 buy. Ji 35.
11. 6 zom 11,9 nom.
$10.40 nom.
...$27 nom...
$ nom
Cements (combined)......$11; sol.
(old)....19.95 15.
Do. {BOW) H. Bopes (old) ..... Do (now).... United Asbestos Dairy Farma.
Wateane
Der A Wings Lane Crawforda... Mackintosha... Sincar *******
$1] nom.
.39.70 xa.
$4,15
buy. 810 sel
..320 bay. & rs.
$12:40 buy- $3.15
...buy.
$5 DOM
329 bay.
It was very desirable to make it quite clear here, and in the domitions that this was a policy Sir Frederick Wiae (C.) 2.823 ncer of co-operation, and not a policy Mr. Dan Carter (Lab) 8,100 Wa of our trying to get major advan Capt. J. W. Morris (Lib.)... 7.780 H.K. Amusements tage. The need of the dominions. Ilford was the thirty-ninth bye- EK, Constructions $11 nom. for more population was greater election since the General Elec- B'que. Indua, G.$Bonds...60% nom than our need of reducing, our tion,, and the following Party H.K, Gort Loans......5% prem, b 17. population. While we should benefigures of losees and gains make | bay,-buyers; sel-selloru; ma-saĺisk
fr from it, the country to which emigrants went should benefit even
more.
exceptionally interesting reading
To view of the near approach of a new General Election:
71
No
Gains. Losses. Change. Conservative ... 1
21 9 Labour..... Liberal ... 3
1. 2
2.
Cal. Amery recalled that the Em pine Settlement Act came into force in 1929 In the first three years the average number of persons assisted ta migrate was 10,000 and in 1920- the number was over $4,000.
The only Conservative gain was In 1927 there was a slight reduc-
at the Combined University bye- tion, as compared with 1926, of 2.500, alineat entirely due to local election at the expense of the depression in New Zealand. Liberals, while the only Labourite Taking all the circumstances of loss was North Southwark to the
Liberals. these years into account he thought. they lind not done so badly."
LANCASHIRE TEXTILE
INDUSTRY.
MANY FIRMS REPORTED
EXTREMIS."
PRESIDENT'S VIEWS,
(TABOOGE REUTER'S AGENCY.]
Mr. Lloyd George, interviewed after the declaration of the poll, drew attention to the fact that the Liberal vole had nearly doubled, while Labour had remained prae- tically stationary, and thie although the working-class population of IN | Ilford had increased.
It was useless, he aid, to scoff at the Liberal revival after the remarkable result at Ilford.
The Conservative headquarters expressed, the opinion that the result was very satisfactory Sir George Hamilton had no local LONDON, Feb. 25th.
late. like the
Sir Mr. Fred Holroyd, in the pre-connections sidential speech at the annual meet- Frederick. Wise.
The Liberal Vote,
ing of the Federation of Master (BRITISH TÍLKLESS SERVICE] Cottonspinners' Associations at Manchester, said that many firms were in extremis and a call for the ensing of the burden was an im
Rroby, Feb. 24th. The big increase in the Liberal
mediate one. Nobody ever imagin-vote may be attributed in some ed the depression in the American measure to the personality of Mr. spinning section would last so long.
A. S. Comyns Carr, who is King'a The committee was convinced that Counsel, and one of the most pro production costs were too high and mising roen at the Bar. In Liberal" production insufficient.
circlee, however, the result. follow- ing the recir-Eiberal success at Lancaster is regarded with great satisfaction as further evidence of a Liberal revival!
ELECTRIC MOTOR.
MAY REVOLUTIONIZE FLYING.
1,800 REVOLUTIONS A MINUTE FOR 2,000 HOURS.
ILEUTER'S AMERICAN BERVICE]
DETROIT, Feb: 9th. What its backers predict may re- volutionise the whole theory of aeronautics has been invented by Lester Hendershot in the shape of a new type of motor engine driven, instead of by petrol, by electric mechanism running on its rectro-magdation as applied to the earth's rotary motion.!
CIVIL SERVICE ESTIMATES,
NEARLY 8 MILLION STERLING REDUCTION.
[TROCCA REUTER'S AGENOT.]
LONDON. Feb. 24th. 1998 amount to 4
The Civil Service Estimates for total of £27,931,000 which is a reduction of £9,187,000 on last year.
LISBON, TRAGEDY.
POLICE DETECTIVES MURDERED.
.:
Lindbergh and Alajor Lanphier. who are reported to have identified themselves with the promction of the new engine, tested it at Sel fridge Field, The engine pre-
(THROUGH 'HTER'S AGENOT.] duced 1.800 revolutions per minute, at which it is claimed to run for
LONDON, Feb. 24th. 2.000 hours before any necessary
Two police detectives who were recharge of the magnet centre investigating the activities of a The Guggenheim interests have suspected party of conspirators, arranged an immediate conference have been found murdered, ass- with the owners of the model and simted, it is believed, by-their Messrs. Lanphier and Lindbergh.
Quarry,
BORN. ——BSM ÎNal.
EXCHANGE RATES.
{BRITISH WIRELESS GERVICE]
RUGBY, Feb. 24th.
124
Paria
Brussels Amsterdam Milam Copenhagen Vienna Helsingfors
Lisbon **** Bucharest...... Buenos Aires New York Geneva Berlin
35.03
12.12
02.05
18.20
31.533
103 2.5/10 705 47.99/32
4.87.20/32
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ACID
ANGULETEA
* DRIFTING. ON ICE.
FISHERMEN RESCUED OFF
FINLAND.
IN THE NICK OF TIME."
(THROUGH REUTER'S AGENCY.)
HELSINGTON, Feb. 23th.
The icebreaker Lenin rescued in the nick of time 37 Eshermen who were drifting for a week on icefloes in the Gulf of Finland. Provisions wert exhausted and the men wore i exposed to terrible hardships, with¦ the danger of the icefloes breaking up. Six military aeropianes recon- noitred an extensive area before the fishermen were located..
TO BE RECALLED? ·
ITALIAN MINISTER AT VIENNA,
(THROUGH REUTER'S AGENCY.]
Roux, Feb. 25th.
11 Giornal Editalid in a special
INSURE
YOUR
MOTOR CARS
WITH
GILMAN'S
"OCEAN" COMPREHENSIVE POLICY
says that Sig. Mussolini has decid- OVER HALF A CLITURY REPUTATION
25.33
20.43.
Stockholm
18.17
Oslo
18.32
edition on the currencies report
Prague
1642.
Madrid
48.773
ed to recall the Italian Minister
Athens
308)
Rio
3.99/39 1/5.18/18 1/11.1/39
Bombay Yokohama
2/0 20.3/16
Shanghai
Hong Kong
Silver (spot)
Silver (forward)
201
nt Vienna. The foregoing step is
D. LECLERG'S ROMANA
106
LIVEN & KIDNEYS G INVALUARAN for Dikzaams DI SANA TISPORTATI
Fac; Leading Oxman, our Fon FreeR. In Mxo, Op. Haverstock MA W.W.E
Zanden.
a sequel to the protests in the Gate, BALER, GOU, BANORAMA, Austrian Chamber against the al- leged oppression of the Austrian minority in south Tyrol. Beipal and heatedly appealed to Italy and the world on this mat
tr.
Dr
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