A
it
TAXATION IN CONFERENCE AT
CANTON
Fall In Revenue
NANKING
Canton Demands
(From Our Special Correspondent)
Canton, Dec. 11. Leaders here are awaiting word from Mr. Sun Fo, President of the Legislative Yuan, as to whether there is any possibility of accepting Mr. Bun ar- the "Canton terms,
(From Our Special Correspondent)
Canton, Dec. 11. Officials of the Business Tax Bureaus are going around the shops reminding merchants to re- port on their volume of trade and capital with a view to payment of the tax for the coming fiscal year. The new schedule of the tax callsrived in Nanking this morning
for payment early in January.
are not after
Shops and Arms are warned that it full particulars filed
three days within notice they are liable to a heavy The Business Tax Bureaux have estimated that Canton has some 37,000 shops, but so far only some 20,000 shops have filed par- ticulars of their trade.
fine.
However, many shops have sus pended business owing to payment of sundry taxes and trade depres- sion in general. Every day" about ten to fifteen shops reported to the Business Tax Bureaux that they have suspended business and The will not pay any more tax. revenues of these Tax Bureaux have been greatly reduced.
11
In the circumstances. the Pro- vincial Department of Finance 1 planning to increase taxes in other directions. An unconfirmed report stated that the additional
·tax on rolled tobacco will be levied on January 1, quite apart from the consolidated tax on the
same
commodity. The rate is twenty per cent ad valorem.
As revenues are diminishing, it is believed in the long run. that salaries for officials will be re- duced Unnecessary expenditure has to be cut down, and sinecure posts have to be abolished. present government expenditure is still figured on prosperity basis.
of
CONDITIONS IN NANKING
Economic Research Institute's Report
Nanking. (By Mali).
At
According to investigation made
by the Economic Research Institute the National Reconstruction the total volume of Commission
during the business transacted year in Industrial and commercial- 'circles in Nanking amounts to up proximately $90,000,000,
The total value of industrial transactions alone amounts to ap proximately $14,800,000 of which $5,000,000 is in flour business, $4,- 180,000 in manufactures and $1,- 100,000 in weaving industry.
There is a total of 6,456 workers, and of which 3,317 are weavers, 907, printers while the rest are workers of various minor indus- tries.
after visiting Canton and Hong Kong.
not discuss Canton-Nanking issues at Shanghal
Everything will be decided by the end of the week. "The fifth plen- "ary session will tackle all sorts of problems but will leave out foreign questions or relations with Japan The six members from Canton will however, Introduce the resolutions urging recovery of Manchuria etc. are not to be These resolutions
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 12, 1934.
SHIPPING INDUSTRY
POINTERS
Major Revival Believed To
Be Due
again. Excluding of tankers, the effective cargo-carrying tonnage is now not much greater than pre- war in amount
(Special Air Mail Service)
London, Nov, 21. A wide review of the shipping situation yields favourable indica- tions, the number of which may surprise, as it will encourage, the patient investor in that line of
The Kung Ping Pao, an influen-
Freight Rates Promising tial local paper, stated that Mr.
Statistical data carry on the tale. New construction in Britain is in- Sun wired to Canton yesterday that the proposals of Canton are accep-business.
A Stock Exchange firm has gone creasing—a sign of regained con- of overseas table to the Nanking authorities."
trade, trade in the post-war years is This story is unfounded. as Mr. to much trouble in studying the fidence. The swing
longer Journeys, the Sun arrived in Nanking only to- course of international day. Since all the ranking Nanking freights and the tonnage and con- toward offcials are in the capital, he diddition of ships afloat over a period development of commerce betwe
of years. Its conclusion is that the this country and the Dominions shipping industry offers one of the being an example. That, should most attractive longterm investmean more demand for shipping, allowing for the greater efficiency ment media now available.
..Dennite security recommenda- of new vessels. It is sometimes tions are confined to P. and O. and | overlooked, also, that Britlah ahips Furness Withy. There, it is found, now make favourable comparison current market values afford the with the world feet for average age- opportunity of acquiring invest, and that we also stand well in the ments at below the cost of their matter of big ships. These two original establishment per unit of items point to relatively increasing adopted by the fifth plenary ses-ordinary capital. What is true of emciency. Freight rates appear sion, which is only to submit them
more promising. In the last quar- to the Filth National Congress on
ter of 1933 they recovered sharply, a date to be decided by the Arth
and the movement has continued this year, with time charter rates session.
distinctly better than a year ago. Measured in sterling the foreign merchandise trade of a score of leading countries expanded during the first half of this year, against last. Altogether,
the
reviewers make out a good case for believing in the approach of that major re- covery which they postulate. They deserve congratulation for bring- ing it to light.
hose two large undertakings must apply broadly to others, although not perhaps in the same degree. It is certainly true that improved working conditions are not con- fined to the routes served by these two companies, but are fairly gen- eral, writes the "Financial Times"
South-west leaders also urge that their resolutions be made, known to all Kuomintang organs, so that they may approve and favour their
Unemployed Tonnage Reduced passing by the Fifth Congress.
The writers express the belief These proposals recommend the punishment of those responsible that a major revival is due in the for the loss of Manchuria and de-shipping industry. That may go a mand a change of the present for- little farther than some observers It is use- eign policy of the National Govern would be prepared to go.
ful, nevertheless, to be reminded, ment.
as we are by this comprehensive review, that many Investors may have become so habituated to the long spell of world-wide depression as to be insensitive to the evidence
Nanking's reactions to these terms will be known in the next 48
.་། hours.
FRENCH HONOURS that the worst is past. The argu-
FOR BRITONS
Decorations For Volunteers Who Served In France
Shanghat, Dec. 7.
Of interest to British subjects who served in the French army during the Great War is the an- nouncement that the French Gov- ernment
has passed legislation granting a number of Legion of Honour decorations to those who served voluntarily in the French army.
This information is contained in a letter from Captain Donald Simson, Eon. Secretary of the Bri- tish Empire Service League, to Mr. H. E: D. Adams, Hon, Secretary of
The total number of industrial the United Services Association of
unita is found to be 847. Con-Shanghai, in which it is stated that tractors' workers top the list with the law applies to French citizens. 480, most of which were establish- and foreigners alike..
ed after the removal of the nation~
Conditions Outlined
41
al capital to Nanking, a fact in- In his letter, Captain Simson dicating the fast progress of re-states: construction here. Weaving fac- *Information has been received tories and stops number 61, iron at Empire Headquarters to the ef- and steel. manufacturers number fect that the French Government over 20, including manufacturers passed legislation last year grant- of flour mill machinery, steel beds, ing to those who voluntarily served pota; kettles, etc., and printing in the French Army 750 Crosses of shops number over 30. There are the Knights of the Legion of Hon- only two big flour millä, the Ta our, 60 Crosses of Oncers of the Tung Flour MUI and the Yangtze Legion of Honour and 12 Crosses
-of-Commanders...... Flour Mti,
The Jaw applles generally to The total value of commercial transactions amounts to $72,340,000 French subjects and to foreigners, of which $7,217,000 is in foodstuffs, and the conditions governing ap- and money exchanges and realt-plications for these decorations tances, $8,725,000 in groceries and are:- miscellaneous goods, $5,000,000 in cigarettes, and 35,000,000 in cotton and silk
4
The total number of shops is 18,- 303 which may be classified into 96-branches of trade. Groceries rank fist with 1,881, and restaur- ants, second with 1,151; while rub- ber dealers occupy the celler post- tion.
k
The economic progress of Nan- king during recent years has been evidenced by the increase of banks There are at present over 20 banks as against 4, in 1927 before Nan- king was made the capital of the country:..
Communication facilities in Nan- king. have been greatly improved
توتره
î
נלי -
1. For those holding.officer rank, the proof of their rank as volunteers, and
2. For those below the rank of officers, the same proof and also the French Military Medal
"The war records of applicants will also be taken into considera- tion in making the awards, which will be under the control of a Com- mission consisting of Officers ap-" pointed by the French Ministry of War and representatives of the French Volunteers, among which will be two representatives of the "Federation National des Engages Volontaires."
"I should be glad if you would
LOAN READJUSTMENT APPROVED
▸.
Tokyo, Dec. 15. 'ment for recovery derives support Subscriber-companies of "the from many bases. The gross ton- Eastern Industrial Co. unanimous- nage of merchant vessels for" they approved the terms of read- world has decHned since 1931. justment of the "concern's loan to Measuring by years ended June, China at the Industrial Club here: 1993 witnessed the lowest Egure of | to-day. launchings in any year this cen- tury, while tonnage broken up in creased largely in the period to June last. Unemployed tonnage is being reduced steadily, and much of. I. especially the American, is not likely to wo into commission
Local inancial circles hadled the settlement as a harbinger of economic co-operation between the two countries and also as a possible precursor of similar settlement of other loans granted by Japan to China.
CROSSWORD PUZZLE
10
12
18
|14
Us
澎
21
25 28
27
28
80
33
Note:-Figures in parentheses indicate number of letters in the words required.
ACROSS 1-Negligen
young lady (8),
regards
the
man's house (5), 3-This crow is not a bird (5). 4-Study this fish to give solace
•~~(4).
6 Disdains the grafi thi the ship”
(8),
10-1,098 found amidst the fuel?
How ludicrous! (7), 11-Barbarian (6);
12---Was at the outset, a spend-
tharkit (6).
13-Retorts, perhaps, but not as
used in chemistry (7). 16-Vassal found in, Belgium (5). 17-Swamp grass (5). 18.-Annie in very foolish, guise
(5)..
18-Legislators are included in
temporary quarters (5).
22 To undermine, to a number,
is savoury (5).
25" The Bound of the Seven
Beak!" (7).
29-Using this one might be let
2: In (8).
30-Entertain sumptuously, (6), 31-8atre which sheds light at
the very beginning (?). 32-Reposed (6).".
33-Peter's “turn? to annoy (6)...
* DOWN 1Competitor (5).. 2There's a man in the clergy-
The follow
in recent years as shown by the kindly disseminate the above in- rapid increase of vehicles information by any means at your vestigation reveals that there are disposal with a view to any British at present 67 public buses under subject who voluntarily served with the management of the Haing Hua the French Forces in the Great Bus Company and the Kiangnan War being afforded the opportun But Company, 1,378 private motor ity of making appliesdon for the cars and trucks, 3,126 Bicycles, 10,- decorations awarded By the French ....... Across -1. Government 188 richshas, and 335 caba, S
- Foz water fommunication mi and around Nanking there are 9,056 bosts and junks and about 20 ataszabonter
Central News Agency, to G
Textile: 10,- Morse: 11;
Buk
Any Briti subjects destring to Pads make application should addresa 16,1 thisinsel yeh to Mr. H. ED. Adams, care of AIX Bell and Company. 180 Klukisan Rond.
mble:: 24.
Easel:
5-Place which makes an officer
of a Tessee (4). 6-Perceived a letter being cut
(4).
The fool would naturally be at the bottom of the form
· (6), 8---Scolded or calculated. (5), 9. Those Seven Seas may this
14 Pick-me-up for a number
wider weight (5).". 15-Relating to ancient alphabets
(5).
19-Make a jump for the bud!
20 These places of trade could
be made smart (5) 31-Balance on a fish (5), 22-8pectacle which sounds as if It should be looked at (5). 2311 I were in this vegetable production, it would becare flexible (5)
24 Dismal (5).
metal on it for a battle
of 19 Down (4Y
FOR TWO WEEKS ONLY
SPECIAL
OFFER
Pullovers, Slipovers and Cardigans Particularly in
White cable knit pullovers and Slipovers.
with the following colours;
Royal Navy
Royal Marines
Hongkong Volunteer Corps
Royal Air Force K.C.C., etc.
-Also pullovers, slipovers and cardigans by Jaeger, Wolteys and Morleys in plain
designs colourings and neat
Men's High Grade Footwear.
This footwear compares favourably with the best in the Colony. Very special values in sizes 5, 6 & 7; Prices range from $8,50 (Reduced from $22.50, $17.50 and $15.00)
SPECIAL
OFFER
BERNARDS' OF HARWICH
"The Home of Better Values.” Tel. 28365.
Des Voeux Road (Gloucester Building)
Regain New Health
NEURASTHENIA is not
defaits dinerne, but rather
- a perfect mixture of dissinen. The Commoner symptoms are general weakness and, irritability," dill, culty in mental concentration, die- Inclination for work, wmkriems of memory, headache, alaplemes - and awkwardnew of movement. ...* Other, cymptoms, such as low of weight, loss of appetite with pain. and discomfort afjer manda, brunthe. leestións and pulpitución an slight exertion may also develop,
take
SAMATOGEN
Compare that feeling of "half-health and listlessness you have now with those happy days when "everything seems to go right", when you have a wonderful sensation of vigour and cheerfulness and everyone remarks: "You're looking awfully well to-day".
Sanatogen can increase your health and vitality to stick a degree that you will feel happy and vigorous every day and all day. Sanatogen will conquer your feeling fatigue, it will improve your appetite, strengthen blood and revitalize your whole systems.
With Smatogen you can do more, and enjoy life batie, for Satogen gives you back youthful health.
Don't go on with your nervous system "below par"- your general health not as it should be, when Sanatopa affers such an easy way towards better health your Chemist to-day and get a package of Sanato will soon netice than rasarkabl has on your,
Influence
The True Tonic-Food
Glibert Fras
Senatogen har
altë lulping me
nove
and #
Islerics from
Feel fit & fresh by taking SANATOGEN