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TO-DAY'S WEATHER FORECAST~ East Winds, Moderate, Fair.

For the Hongkong Main

Library, Supreme Court

Hongkong Daily Press.

Registered as a Newspaper at the General

Served in the best places

Post Office in the United Kingdom.

ESTABLISHED 1857

LAZARUS-OPTICIANS" Series of Optical Don'ts No. 10 ** DON'T TOLKHATE ILL-FITTED GLASSES

Glass a should be Etted to the face as a suit to the Bure Heide the question of appearance, eys sight aufers, considerably s. from the careless displace- ment of optical o utres.. Consult NI LAZARUS, 6, Padder. Síriat, for CONSCIENTIOUS care of your syst

No. 24406, WH###AXO BEHARATA HONG KONG, SATURDAY, NOVEMBER 7, 1936. MAT =#A¶*** Price

AS SOLE AGENTS

FOR

BOLLINGER CHAMPAGNE

WE CAN CONFIDENTLY RECOMMEND THEIR

VINTAGE 1928

WHICH BIDS FAIR TO OUTCLASS

EVEN ITS FAMOUS PREDECESSOR

OF 1926.

CALDBECK, MACGREGOR & CO., LTD.

STABILIZATION OF CHINA'S

FINANCIAL STRUCTURE

Dr. H.H. Kung, Minister Of Finance, Reports

On Fiscal Year 1934-1935: Success...

Of Currency Reforms

DEBT CHARGES REDUCED: TAXES GROUPED

China's Budget Deficit during the fiscal year 1935-36 was even larger than in 1934-35, according to eliminary figures, and there was a material decrease of castors revenue in the past twelve months, due to wholesale ämärgiing in North Chlua, international complications discouraging import commitments. reduced purchasing power due to floods and communist acttries. and the lessening of Imports due to lower exchange. This is dis- closed by Dr. II. II. Kung, Minister of Finance, in his Report for the 2rd. fiscal year ending June 30, 1935, his third since assam- ing the post, and released for publication in Shanghai this week.

The National Debt stands at ; expenditure, the two largest items $335,000,000 but the major develop of budgetted expenditure (military ment during the year was the con- at $388 milions, equalling "412 par solidation of internal debt, except- cent of net total payments, and ing four issues totalling about eight loan and indemnity service at $237 per cent of the total consolidation

nillion which equals '25.2 per cent. loan which substitutes Are series

of net total payments) were main- of bonds totaling $1,400,000,000 | tained ghile éducational and re- in place of 33 former issues and

construction expenditure increased which now makes if possible to

from 287 per cent. for the previous reduce debt charges by about year to 6.25 per cent of net total $85,000,000 yearly. The budget de-

payments at $58,804,107. ficit for 1935 is 20.8 per cent, the defcit being approximately $198 million with net total revenue at

The chief achievement of the year, however, was, in currency re-

HONGKONG. CANTON & MACAO STEAMERS 745 million and net total pay form introduced in November 1935

JOINT SERVICES OF THE HONGKONG. CANTON & MACAO STEAMBOAT CO LTD STRE CHINĄ NAVIGATION CO.LTD

TRAVEL

THE

SHORT

SAFE

SEA

WAY

by the

British Line

CANTON LINE

DAILY SERVICE

From Hong Kong: 10.00 P.M. only. From Canton: 10.00 P.M. only.

SPECIAL SAILING SCHEDULE The Night Steamer will leave Canton daily at 10 P.M. instead of 4.30 P.M.

MACAO LINE

From Hong Kong

Wook day 1,00 mm. Kinshen Work day 5.30 p.m. Bui Tal Saturday

5.30 am, Su Ta Saturday 600 px. Kuthaa FUNDAY 19.00 . Xinshas

EXCURSION,

From Macso

3.00p.m. Kinakam $,00 am Shadi Tai 2,00 sm, dal M

3,90 p.m. No Bufing

3,00 a.m. KƐngban

15.00 pm: Kia

HOLIDAY EXCURSION - TO MAÇÃO *

11TH NOVE-BER, 1036. 8.8. "KINSHAN' will leave Hong Kong et 9,30 A.M. and Macao at 6.00 PM.

Note: All vessels equipped with Wireless. QUEEN'S BUILDING, CONNAUGHT ROAD Telephone 20101

THE

HONG KONG

PENINSULA HOTEL;,

APH

"HONGKONG HOTEL: REPULSE BAY HOTEL;

SHANGHAI

ASTOR HOUSE; PALACE HOTEL;

HOTELS

LIMITED,

- In association with the Grand Hotel de Wagons Vits, Peking.

A GLASS OF

KIRIN BEER

NECESSARY REFRESHMENT WHEN GOOD COMPANIONS MEET.

SOLE AGENTE :

H. HONDA

TEL. 20720.

Co.

40, JOHNSTON ROAD HONG Kong,

ments at $941 million. Against substantiated by the coinage re- this can be offset an approximate forms, taxation consolidation, pro- tataf of debt. retirement of $125 | vtáčtal and local budgetary re- million. Further, despite arinkage | organization and general stabilier-

tion of the rational finances. of revenue and special demanda on

ROYAL

نوم

ARTILLERY ASSOCIATION

TO-DAY'S RACES

Final Selections

BY "LAST QUARTER "

RACE 1

Wild Life

Soldier of Britain

(in the absence of King's Warden)

Gladiator

KACE 2 Boboisk Star Derby Day Vixen Tor

RACE 3 Bear Claw Honeymoon Eve King's Lead

RACE 4 Sylvandale

The Hero Night View

RAGE $ King's Bounty Jungle Jim Valorous

RACE 6 Double Finesse Honey Sancy Face

RACE 7 Old Star Popular Star Emergency Ca!!

RACE 8

Zero Diogenes Gold Coin

DAILY DOUBLE King's Bounty and Old Star

BRILLIANT BAL MASQUE

Single Copy, 10 cts. Per Month. $3.

i

CANTON VISITORS SAY FAREWELL

"IMPRESSED BY WARMTH AND

FRIENDLINESS”

The visit to Hong Kong of. Bis Excellency General Huang. Mu-sang, Chahriman of the Kwangtung Provincial Government.. and His Honour Mr. Tseng Yang-fn, the Mayor of Canton, and Madame Tseng, was concluded yesterday morning when they re- turned to Canton by the Flying Arrow Baress,

BIDDEN FAREWELL

The distinguished visitors were bidden farewell by His Excellency the Governor and Lady Caldecott at Government House and were escorted to the Queen's Pier by Captain W. J. R. Cragg, A.D.C. to the Governor. There they were greeted by a salute from the Guard of Honour provided by the Hong Kong Police. The departing visi- tors were received by the Hon. Mr. R. A. C. North (Colonial Secretary), the Hon. Mr. T. H. King (Inspector- General of Police), the Flag-Lieut. to HE. Sir Charles Little, K.C.B., the AD.C. to HE. Major-General A. W. Bartholomew. "C.B.. CM.G.. G.B.E.. D.5.0., the Secretary to Rear-Admiral C. G. Sedgwick, the Hon. Mr. W. J. Carrie (Secretary for Chinese Affairs), the Hon. Cdr. G. F. Hole, R.N. (Retd.) (Harbour Master), Mr. R. R. Todd (Chairman of the Urban Council), Hon. Mr. R. E. Kotewall. C.M.G.. LL.D., and the Hon. Mr. M. K. Lo. "The party crossed the harbour on the launches Britannia and Lila to the Kowloon pfer where a Guard of Honour of the Royal Welch Fusiliers was drawn up. After bid- ding farewell to those present on the railway platform, the distin

guished visitors boarded the Flying Arrow Express which left at 8,25- am. Major R.D. Walker, M.C.; Manager of the Kowloon-Canton Railway accompanied the depart- ing guests to Shum Chun.

+

CO-OPERATION CONTINUED

Statement To Press

Just prior to their departure from Hong Kong after their two days visit, Gen. Huang Mu-sung Chairman of the Kwangtung: Pro-" vincial Government and Mr. Tseng. Yang-fu, Mayor of Canton, issued the following statement to the Press:

1

"During our two days' visit to Eong Kong we have been deeply. Impressed by the great warmth and friendliness with which we have been received and by the ex ceedingly generous hospit which both the Government Ante the community of Hong Kong and b shown us. Our kind hást His Ex- cellency Str. Andrew Caldacces and Lady Caldecot have been extremi ly hospitable to us and Mrs, Tseng":"

(Continued on Back. Page)

Benefit For Charity DR. SUN FO TO VISIT ROYAL WEDDING

Annual Dinner Of Hong Kong Branch GAIETY AT THE

SUCCESSFUL FUNCTION

One of the most prideful social activities of the Royal Ar- tillery Association, Hong Kong branch, for the year was their annual dinner in which all the members and guests thoroughly enjoyed to the utmost. The function was held at the Hotel Cecil last night.

Appropriate to the occasion, the the atmosphere of the occasion entrance and precincts of the very homely and cheerful hotel were suitably decorated with

THE SPEECH greenery and coloured lights. The motto of the "Ubique." beautifully designed, and illuminated in the colours at the. Regiment. sur- mounted the entrance hall, and at each side of the passage leadingly.

Dinner was served at 8 pm, and despite the gathering of over 300 members, everything WES well catered for, and went off smooth-

mand who said:-"

General Bartholomew,. fellow Members

After dinner the royal toast and the toast of the association to the lift, an 1810 cannon of the

were proposed by the Chairman Waterloo perod surrounded by palms, was displayed. In the Col. A. Burrowes C.R.A, Chna Com- centre of the dining hall a'large portrait of His Majesty King Ed- ward VII, Colonel in Chief of the Regiment, was prominent, while the uniformity of the colour scheme both for the decoration of the hall and the dinner-tables ré- minded the participants of their own regimental colours and made

It is hardly necessary for me to the give anything more than briefest of remarks in regard to the Royal Artillery Association.

(Continued on Back Pare!)

RIOTING IN FRANCE!

Because the Communista had planned si ms Inr, the French Fascista, who now style ther Party” bat ware formerly known as “Firecro counter-demonstration.: Vierce confilets resulte ing arrested...

"GLOUCESTER"

"When there can be, so much really good fun as there was last night at the Bal Masque in the Gloucester Hotel-then it is to be hoped that the claims of charity on the hearts and minds of the community will Increase,

KWANGSI.

Canton, Nov. 6.

Some days ago Dr. Sun Fo left for Macao. to see. his mother Madame Loo, and also to visit his ancestral home. In the Choy, Hang Village.

Having settled the trouble con- Chung Shan nected with the Memorial Middle School, it is re- ported that Dr. Sun Fo will leave

This Bal Masque, organised by for Hong Kong via Masao to-day.

an energetic committee with a

From Hong Kong he will pro- and

ceed to Canton and after confer- characteristically competent enthusiastic secretary in the per-ring with the local officials, he

son of Mrs Beatrice Church, was an unqualified success and the funds of the Society of St. Vincent de Paul should benefit consider ably as a result

Things started with a swing, but as the night progressed that swiE developed into a perpetual loop, and the fun was fast, furious and fascinating.

"After midnight 'a wave of galety simply swamped the ballroom, and the scenes were touchingly re- miniscent of those which we have witnessed towards the close of the annual Artists' Ball in the Albert Hall-though not quite so Chelsea- Like,

will fly to Kwellin, the Capital of Kwang Province to pay a visit to General Li Tsung-jen and Pel Chung-hat and other high onciáls of the Government,

At the conclusion of his visit, he will return to Nanking by the Canton-Hankow Railway via Hang Yang, Hunan Province.- Chinese Evening Press.

KING PLANNING TO VISIT CANADA

Ottawa, Nov. 6.

Mr. Mackenzie King, Interviewed What with alluring senoritas by Reuter aboard the liner Empress captivating Pompadours; tantilis-

of Britain returning from England. ing Mary Queen of Scots, and one

said that His Majesty the King was very naughty make-up suspicious ly resembling a famous authoress planning to visit Canada after the whose ruling passion has made Coronation next year.--

Beuter. her notorious—why, it was a feast. calculated to satisfy the most exacting Epicure of entertainment. There were streamera, confetti, balloons and those delightfully Idiotic things you blow and they' squeak and sourt at your neigh..... bour. And, of course, there were masques. Later in the proceed Ings,fortunately, many masques were discarded, and great was the joy thereof

(Continued on Back Page.)

“DORADO"!!

The FMA Dorado left Kai Ťak Aerodrome yesterday at 11.10 am with two passengers on board.

They were Mr. Raux à German, and Mr, W. P- Lind, an American. The former is travelling to Batavia and the latter will be con- tinuing on to Brisbane,

The Dorado carried 1,400 kilo of freight, and 89.687 kilos of mail.

THE DOLLAR

T/T. ON LONDON: 1s. 2.27/32d.

TT. ON NEW YORK: 30.3/16.

LONDON SILVER

MARKET

(From, Che Own Correspondent)

London, Nov. 8.

Princess Juliana To Marry Soon

-The-Hague, Nov. 5.

The marriage of Princess Julia- na, heir to the throne of the Netherlands, and Prince Bernhard zur Lippe-Buesterfeld, a nephew of the last reigning Prince of Lippa, has been omelally fixed for January 7, 1937. at the Eague,

Princess Juliana

Princess Juliana is the only child of Queer Wilhelmina and the "late Prince Consort, Prince Consort, Prince Henry of Meck- lenburg-Schwerin.— Roster's Bulletin Service -

MANILA GOLD SHARES

Local Dealings

Buyers Demonstrations. $1.85

Sales Consolidated Mines, 84/9 cta. Mambuiao, 88 ets.

London silver prices to-day were Church Page.....

39/ Radio Programmes up 1/4 as follow

NOT B

20-3/16

NEWS INDEX

Cables

Page 5,

Pare 3.

Page 6 Page 10, 11, Page 10,

Nov. 6 Amusements 20-9/16 Local Diary 20-9/18 Police Courts

Sports Mail Notices.......

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