THE CURRENCY PROTECTION FOR
IMPROVES.
CANTON NOTES NOW UP TO 78.5.
RESULT OF GOVERNMENTS DEFLATION POLICY.
FLOOD OF COUNTERFEIT SILVER,
"
[FROM OUR CHINESE CORRESPONDENT.)
CANTON, June 11th. The depreciated Central Bank of China hotes are improving in value
FOREIGNERS.
NANKING ORDER TO KWANGTUNG..
NATIONALISTS ASSUME FULL RESPONSIBILITY.
THE HONG KONG DAILY PRESS, TUESDAY, JUNE 12th, 1928.
ROUND THE COURTS.
WATER-FRONT COOLIE
FIGHT.
"LANDING PARTIES " FROM TWO. JUNKS.
Six Chidee coolies appeared [FROM OUA GRINE CORRESPONDENT.1 before Mr. R. E. Lindsell at the Central Magistracy for fighting in "Connaught Road West near French Street:
CANTON, June 11th. Dr. Chao Hsin Chu, Commissioner for Foreign Affairs of Kwangtung, has ordered all local authorities throughout the Province to tako special care to protect the lives and
and the crew of
A
SEDITIOUS LITERATURE,
FURTHER CHARGE AGAINST HAT SMASHER
DEFENCE ON COURT'S JURISDICTION.
WHO WANTS SALT?.
FREE DISTRIBUTION ON WUCHOW WHARF,
SMUGGLERS WARES ON THE S.S.KONG NING."
day by day, thanks to the combined Property of all the foreign nationals The boat was alongside the Praya ing to persuade person's to refrain modity aroused great enthusiasm
efforts of the Government and
Mak Yuen, the Chinese who was
There WAS an extraordinary previously sentenced to ten days' scane on the Wuchow wharf yester imprisonment with hard labour for day morning, when the Indian hat smashing last month, was again Guards and crew of the as Kong before Major C. Willson at the Ning were seen busily hurling bags Mr. Horace Lo appeared on beCentral Magistracy yesterday after of salt into the middle of an excited half of one of the defendants.
noon on charges of being in posses-crowd of waterside coolies It is According to the prosecution the sion of 14 documents containing not often that one gets something trouble arose between cargo coolies seditious matter and which were for nothing and the unusual dis cargo boat." calculated to persuade or tead-tribution of this valuable.com-
from dealing with persons in the and no course of trade," or to do acts likely habitues of the waterfront
littla Aghting among
to cause a breach of the peace.
What had happened was that the When the defendant was convict-owners of the Kong Fing had re- ed for hat, smashing he was not ceived a hint that their vessel was Shing Lo now appeared on his be- Sas was due to sail later in the legally represented; but Mr Hin heavily laden with contraband salt. half in
to the further day for Wuchow, and the Chinese charges.
authorities have warned all owners' that if salt, which is 4 Kwangtung At the outset of the proceedings Government monopoly, is found in any vessel in Chinese waters that vessel and its cargo will be.com fiscated.
sent off
and there was some trouble about another boat to come in and un- her leaving the Prays' wall to allow load. The coolies of the incoming boat were impasient and to hasten the departure of the boat moored throw stones at the boat. Instead to the Fraya wail they began to of having the effect they antici pated, the owners stubbornly re- fused to budge. Later both craft a landing party and. general fight ensued.
The Magistrate indicated that il
was mixed up in the fighting he would bind the parties over.
The police remarked that two would have to be brought to Court One of them was still in hospital. the hearing till this morning and The Magistrate, then adjourned
allowed defendant.
answer
No Jurisdiction.
residing in Kwangtung. The order people. To-day's quotation is 785 Nationalist Government at Nanking
was issued at the instruction of the canta of silver money to the bank-
It has been the settled policy of note. The quotations, last week
the Nationalist Government, the were about 15 per cent, and the
order states, to protect the lives week before that about 73 or 74 per and property of all the foreign cent. Finance experts predict that
nationals in China. The Nationalist if nothing goes wrong in the meat-Government, while consummating time the banknotes will be at par the National Revolution, bas assume. in about two months from now.
The Government still acceptx 20 ed this responsibility. It has re- per cent. of Central Bank of Chiria peatedly made known its object and notes and 80 per cent. silver money in payment of revenues, taxen, duties or special assessments. All the Government officials are getting only 80 per cent. of their alarice pathize with the Nationalist Goverü others connected with the stray in silver money, the other 20 perment in the realization of the prin cent in "cotes" being withheld by ciples for which it stands. the Government and stored "away in the vaults of the Central Bank of China. The 20 per cent of taxes received in paper money is also withdrawn. The Government is pursuing its deflation policy at the rate of no less than twenty of thirty thousands dollars worth of banknotes daily and the total Amount withdrawn is. $8,800,000.
intention through formal declara Mr. Lo would admit that his client Mr. Lo contended that the Court
tions and orders. It is sincerely hoped that foreign nationals in China will understand this and sym-
When the Nationalist troops oc- cupied Tainan, it continues, there was serious misunderstanding with the Japanese soldiers there. But the Nationalist Government cannot for a moment stop its work for the country.
Every obstacle to the National Revolution and the aims for which it stands must be remov. nowed. The only thing to do, therefore, tion by all means and to wait cooly is to continue the Northern Expedi the settlement of the Tsinau in cident by negotiation.
In an interview with a Govern- ment finance expert our correspon dent was told that the Central Bank of China will accept bank- nates giving in exchange silver money at par 48 8000
MORE MOTOR-TOUTS.
had no jurisdiction to hear the first charge as the literature con- tained in the pamphlets did not concern the Colony but other par ties.
and about 300 large packets were A search of the vessel was ordered
discovered, some of it in saloon Me. Lo also remarked that his
cabins and some if it very cleverly ότι bail of 10 for each convicted the two previous
concealed. It was evidently amug charges on an imperfect, and un-gled on board by the members of finished plen of "guilty." Is the the crow who expected to malor a good thing out of its sale at ed of knocking a straw-hat off the Wuchow, and in any case, if dis- head of one Yeung Tsai Mun, the covered, the owners and not the own friends. Regarding the second racket. However, this time the victim in question was one of his real offenders would "stand the
on behalf of the defendant explain client had merely "taken the man's badly and the whole of their wares Mr. C. A. S. Russ who appeared incident, Mr. Lo stated that his would be smugglers came off very
before Mr. R. E. Lindself yester A Chinese chauffeur appeared
sengers to hire hit car outside the day for anlawfully soliciting pas Lee Theatre on Saturday night.
first instance when he was convict.
ed that it was a case of bargain-hat off, and told him not to wear, ng. The passenger had approach-
were either quickly dumped over-
Wm. POWELL, Ltd.
ABE SHOWING THIS WEEK
A
TASTEFUL SELECTION
NEW
PLEASE
OF
MILLINERY
CALL AND SEE THEM.
The NO SCRATCH
ed his client after the perform anything made in Japan there were board, to salt the sea still further, RECORDS You're
Every Government must make is its primary duty, the order adds, the to protect the lives and property amount of notes withdrawn reaches of the foreign nationals in China. 810,000,000. This will be about It should see that no slogans detri ace, but refused to engage the the very words and nothing more." July 1st.
The exchange departmental to the friendly relationship ear at the price asked-$1.50. The
or else handed over to the willing ment will first be opened in Canton between China and the Powers are
These statements had been assum-recipients on the wharf. When our Central Bank and will be gradually posted. No anti-foreign literature wishing to lose his, client, followed as a plea of guilty," and the representative visited the Kong man began to walk away and not extended to the district branches.
should be published. Every attened the man and shouted that he defendant was convicted without Ning she looked as if she had been tion should be directed to the con- summation of the National Revolu- that the defendant was arrested.
would accept a dollar. It was then tion.
The Chinese detective stated that he saw the defendant lead the man from the Theatre to his ear.
OPEN IN PROVINCIAL TOWNS.
Our representative was also told that the branches of the Central Bank of China in Kongmoon, Shiu-
ROADS IN KWANGTUNG.
kwan, Pakhoi, Sheklung, and eleMUNICIPALITY TO COMPLETE
where, which have been closed'since
the Communist holocaust of Decem
ber last, have again been opened
WHAMPOA ROAD,
and are transacting business a The Municipal Government re- uguni. It is purely on accountcently sent a petition to the Pro- of these encouraging signs," he vincial Government requesting to said, "that the depreciated bank have the right to complete, the notes are now steadily recovering." Whampoa Highway. It was claim POPULARITY OF MUNICIPAL pal supervision would be planned in such a way that it would con- BANK NOTES.
meet with roads within city limits and greatly facilitate communics
ed that the road if under muni-
tion.
The Magistrate imposed a fine
of 85.
ALLEGED POSSESSION OF DAGGERS.
The case was accordingly re-
manded.
evidence.
In view of these circumstances, Mr. "Lo remarked, it was only fair that his client should receive com-
pensation for the imprisonment he had undergone.
through a snowstorm.
$40,000 THEFT.
FORMER BANK EMPLOYEE GAOLED.
ACCOMPLICE NOT TRACED.
Mr. Lo also quoted at length from legal authorities including a pro-
Chief Justice who had remarked nouncement by an English Lord
upon the danger of accepting am- Arrested in Canton four years biguous and "unfinished plens of after committing the offence alleged against him, Fang Chung Lim, alias Fung Fau Sang, described na a former shroff or cheque messenger
in the Compradore's Department of the Hong Kong and Shanghai
Andrew, one of the thirteen Chi On the application of Inspector
nese who are held on, charge of being in possession of four daggers, was dismissed. The Police are to continue proceedings against the guilty. remainder and asked for a, remand | The Magistrate, however, replied until Friday. The prosecution also that he had it on record that the remarked that should the police decide to prosecute, they would defendant had pleaded guilty, and have to ask for an hearing before should Mr. Lo think that the Court twe Magistrates,
was prejudiced against his client he Bank, pleaded guilty before Major could have the case tried in the C. Willson at the Central Magis other Court.
tracy yesterday morning to two The Previous Qases.
charges of obtaining the sum of Mr. Lo also said that similar casea 840,000 on January 31st, 1924, by of seditious literature were heard
Magistracy for refusing to be Colony was not
A Chinese appeared before Mr. before the Magistrate in the other means of a forged cheque and W Schofield at the Kowloon Court who remarked that this larceny of the money as a servant
concerned with of the Bank the defendant was called upon to that the Colony must afford protective Inspector T. Murphy said that searched. It was stated that when quarrels between other nations, and put his hands up he refused. The tion to all under its flag.
In giving the facts, Chief Detec-
defendant's police record ebowed a previons conviction for stealing. calculated to arouse ill feeling be the fraud and was assisted by an the accused used his position as an
but the defendant explained that
The pamphlets were certainly employee of the Bank to commit
from the person of a man who only between any persons in the Colony custody. The two worked together:
was imprisoned for larceny tween two political parties but not outside man
The Provincial Government for warded the petition to the Depart. ment of Reconstruction which has given its approval. That Depart ment intimated that, so far, the construction of that read has cost IT'S THE DEED THAT COUNTS. furniched by the city government. $87,700 of which $10,000 WAL The rest was raised from surtaxes levied for the construction of this highway.
Owing to the depreciation of the Central Bank of China. notes, the Canton Municipal Bank notes have found great favour with the merchants as well as with the officials. These new banknotes, ever since their first appearance, are issued in denominations from 10 eents up to one hundred dollars and are exchanged at face value. In fact the Government tax collectors in Canton now accept only the Can- ton Municipal Bank notes They
Part of the road already con- refuse to accept silver money exceptstructed is in Canton itself and the for very small amounts, because Provincial Government is claiming they are responsible for the quality the 387,700 spent on it from the of silver money which they turn Municipality. If this money is re over to the treasurer and have to funded it will be spent on roads replace from their own pocket any linking up Nam Hoi, Poon Yue and counterfeit money.
M:Ip Tsing has been appointed Vice-President of the Central Bank of China. The former Vice-Presi dent, Mr. Chin Chus Yam, lafs Canton for Amarics some time ago with Mr. Koo Ying Fun, & former Finance Commissioner of the Pro- vince. Mr. Ip has already assumed office and is helping Mr. Wong Lung Shang, the President.
FRESH FLOOD of båd MONEY.
Far Yuen districte..
Far Tuen's Enthusiasm For New Road
of a
The construction
publit highway in For Yuen district hae been going on for a month, and the lay-out stretching for a distance of ten li has already been com- pleted. This highway when com pleted will connect with Canton, so that in future automobiles wil run between this city and Far Yuen,
Ever since the depreciation of the Central Bank of China notes, the Canton market has been flooded with counterfeit twenty cent silver coins. About two weeks ago a fresh supply of bad coin made its appear ance. The dates stamped on the coins state that they were made in the 5th, 6th, and 7th year of the Republic. They look comparatively old and somewhat.worn, giving an off-hand impression that they are old coins and therefore good. It is Canton Gazette, no easy job to spot these coins and the merchants and hawkers are. having a hard time. It is reported that these counterfeit coins are be ing sold at 800 to 805 for a hundred dollars.
possessed 13-cash-l-
The Magistrate imposed a fine of 820 or one month's hard läbour.
THE LOSS OF THE 'KOCHOW."
CASUALTIES FEWER THAN FEARED.
CAPTAIN AND CHIEF OFFICER STILL STANDING" BY,
%
Magistrate: No more than-that- they are calculated to incite blood. shed and murder.
Ultra Vires. Regarding the second charge of persuading persons to refrain from dealing with persons in course of trade, counsel contended that the Emergency Ordinance concerning this particular case was obsolete and that the Colony was never in a state of emergenty. It was, in short, ultra-vires.
who WLS
bet in
in connection with the filling in of the cheque and the forging of the signature, complete with the neces sary initial to indicate that the cheque had been passed through the books. Everything appeared to be in order to the paying out shroff and he paid the money over to the accused's accomplice.
C.D.I.“ Murphy said that the cheque disappeared altogether from the drawer the same day, and it was alleged that the accused took it and destroyed át. A few days after the theft, the C.D.F, con- tinued, the accused obtained, leave and did not return. Recently, in- formation was received that the so- cused was living in Canton, and he was arrested through the help of the authorities there.
The accused said he had only received 84,000 of the total proceede as his share.
a
The cost for the construction of this highway is to be met from the proceeds of public losa bonds which
Evidence Called. district. It is said that the people are distributed for sale in that
Evidence of the arrest of defend- ant was then called. Wong Lo, a in that town are very enthusiastic at having a modern highway and Kochow and his Chief Officer are
Captain Morgan of the ill-fated Chinese detective, said that while the hope that the project will be a
he was on patrol duty at about 3.30 have bought many of the bonds in at present aboard HMS. Nesur pm, on the 27th ultimo at Des BucceŻA.
at Kongmoon, and E.M.S. On-Voux Road West, he saw the de- The ownere of lands and farms staught is anchored near the wreck, fendant break the hats in the over which the public road will The Marine Magistrate will decide manner detailed in the carlier paes appear quite willing to yield whether an inquiry is necessary charge. The defendant, when seized
Mr. Murphy: I am not in s portion of their holdings in order after he has, interviewed Captain declared that he was not an Eng position to say whether that is so. to make room for this highway.-
Morgan,
lishman but a Chinese, and there. He has been subjected to very an So far 294 psasengers and grow fere, he should not be arrested by xious times during those four years, have been accounted for and as a fellow Chinese." Witness saw in view of the warrant of arrest the owners, the Chuen Lee 8.5. people reading the pamphlets, but hanging over his bead. He has Co., extimate the number on board he did not actually see the defend. at 300 it is hoped that the original | ant ́distribute them. A large and naval wireless message to the angry crowd had gathered, and with effect that the loss of life was small the help of a friend who packed up may be more correct than the sur, the umbrella which the defendant working hard to rach to earth the A prominent local "merchant is vivers arriving here yesterday led dropped immediately as he was ar- coiners and utterers but so far no building a magnificient theatre at one to believe. The Kochow is in rested, they took the defendant to one has been arrested.
Sheung Kow Po, Sai Kwan, which fairly shallow water, her super- the Police Station, tra The money exchangers state that will be named Chung Shan in structure being just awash and her A few seconds after, they begun these latest-fraude can be distin memory of the late Kuomintang mate and funnel showing. Divers to march the defendant to the guished from good coin only with leader."
are to examine her and if their Station, the witness's friend ex- the greatest difficulty. Their colour
cost of construction is report is favourable it is hoped to claimed that there was something is somewhat yellow and their sound cetimated at $350,000. Work on saire the vessel, N
in the umbrella and pulled out the when dropped on stone or hard the foundation is already in hand, The cargo, which is valued at bandle of pamphlets which later was wood is also slightly higher and and when completed the theatre $20,000, consisted mainly of rice found to be seditious. somewhat sharper in tone than will be one of the most beautiful but there was also a quantity of "genuine currency..
show houses in the Orient..
salt fish, pens and dried fruit.
The Police detectives are now
CHUNG« SHAN MEMORIAL THEATRE.
The
The hearing was then adjourned until to-morrow afternoon at 2.15. --
been unable to get employment. I shall ask your Worship to give the maximum pensity which, coupled with the anxious times, he has had during, thood four years, will not entourage others in the Bank to do, what the accused has done,
His Worship: What became of the cheque
Prisoner: It was handed over to Lum Pak Chur
Mr. Murphy: He is the alleged accomplice in the case, your Wor ship. Such a man does exist.
Sentence of six months hard labour, on each charge was passed, the terms to run consecutively,
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