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HONG KONG DALY PRESS, WEDNESDAY, MAY 26, 1937.
NEW LABOUR
LAW FOR
AMERICA
Roosevelt's
Special Message To Congress
Washington, May 24 The time has arrived for us to take further action and extend our frontiers of social progress," declared, President Roosevelt in a special message to Congress re- commending the enaction of a new Labour Law providing for minimum wages, maximum hours and a ban on the products of child labour and employers who exploit unorganised labour. The message did not mention any specific stan- dards for hours and wages which is left to Congress to work out
Senator Black, representative for Connery, prepared the Bul for immediate Introduction in both Houses establishing a minimum hourly wage of forty cents and a thirty-five to forty hour working week.
Administration of the Act would be supervised by labour standards of a board of five who in exceptional cases would alter the standards at individual industries, and the B would thus virtually
CONCESSIONS IN TAXATION
Modifications By Treasury
PARIS WORLD EXHIBITION
KAIPING COAL
÷
FOR HOME, FACTORY, & POWER HOUSE
Details Of Some Pavilions
London. May 24.
Paris, May 24... The Finance Bill, sued to-day,
Although not quite ready, the contains several
concessions to Parts World Exhibition
was for- Arms able for contributions to- mally opened by President Lebrun
this aftemoon at 5 pm.
wards national defence.
The most important concession is that these arms are entitled to take the average profits of any three out of four years ending 1936, or any two out of three years ending 1935 as the basis for Growth on Profits taxation.
The accounting period for the new tax is January 1 this year.
The ceremony went on exactly according to programme: President Lebrun, accompanied by the Min- ister of Trade, Bastide, the Gener- al Commissar for the Exhibition, Labbe, Members of the Cabinet, Deputies, Senators, the diplomatic representatives of the 42 parti- cipating countries, as well as the The Graduation Tax has likewise many architects and artists that been modified. Under this modi- have worked "at the exhibition. fication, frms may apply for an made a tour through the grounds Increase in the statutory percen- and visited all pavillons that were tage of capital on which "taxation ready to be opened.-The Belgian Is charged, owing to exceptional and Italian displays were complet risks or exceptional wastage. uled some days ago, the German assets.
pavillon is ready, but will not be Treasury has informed the House after the arrival of Reichsminis- The Financial Secretary to the formally opened till Wednesday
of Commons that the number etter. Dr. Schacht
Growth of Profits) Contributions bank of the Selne, close to the Elf- firms lable for National Defence The Italian 'bavilion on the left
total about 35.000- Rentre.
revive the N.R.A. As far as labour PRESS UNION
standards were concerned.---
Rrater.
fel Tower, is a square building on whose mut the Italian tricolour waves. The main building is sur- rounded by a number of figures more than life size, representing giants of Italian art and technology. The carries the device
CONFERENCE building itself
ANOTHER LEGAL VICTORY
Washington, May 24. President Roosevelt to-day scored
London May 24. another legal victory in the Sppre- The Empire Press Union Confer- me Court, when that body, with a ence swung into action to-day, and majority opinion of ave to four, up- adopted a comprehensive resolu- held the constitutionality of the tion on te question of cheaper de- President's unemployment insur-ferred newspaper press rates for ance measures, ruling that the tax background matter. on pay-rolls to finance unemploy- ment benefits was legitimate...
Had the court invalidated the Act, the Treasury would have been faced with he necessity of borrow- ing considerable sums in order to finance the resultant deficita.
It is expected the court's ruling will make new taxes unnecessary this session.
The Supreme Court also upheld the constitutionality of the Old Age Pensions Plan Reuter.
FREEDOM OF EMPIRE
Archbishop Of York's Sermon
London, May 24. The Archbishop or York preached at the Empire Day service of thanksgiving for the Coronation in St. Paul's Cathedral, attended by the King and Queen, Queen Mary and other members the Royal family and all the Prime Ministers of the Commonwealth and repre- sentatives of India and the Co-l lonies. The total congregation numbered 4,000,
"Art and Technology" and shows the great achievements under Fas- cisrn. induding the Conquest of Abyssinia. A small bronze figure standing in a marble court of hon- our symbolises the triumph of Marshal Balbo over the Atlantic.
Another intensely interesting display is the French House.devot- The resolution expressed appre-ed to "Wemen."" unfortunately, not ciation of the action of cable and yet finished. The house assembles wireless companies in Introducing all celebrated industries for wa the deferred press rates to certain men's wear. The position of the parts of the Empire but regretted exhibition of the slope of the Tro- the limitations fixed. In this con- cadero Feld, the Mars Field, the nection, first because the plan tell Eiffel Tower, the Place de la Con- short of the Empire Press Union's corde with the sparkling river objective of penny-1-word ser- flowing through the centre makes vice for such telegrams throughout an imposing sight, heightened by the Empire; secondly, because the tasteful decorations, among the scope was confined to India, Aus- most striking of which is the drap- tralia and South Africa; and third- ing of the columns of the TT-. ly, because the system was accom-cadero Fleid, including the flags panied by a weakening of restric of all 42 participating nations. tiens.
Several hundred guests were pre- The Council was instructed to sent to-day, but the public will pursue discussions in this matter. only be permitted regular entry Sir Roderick "Jones. Reuter's after several days, when some of chief, sympathised with the views the pavillons that have not yet. of Lord Strickland, of Malta, in ob- been completed are ready.- jecting to foreign propaganda being Transocean News Server broadcast in English. He suggested the conference turn its mind to this very grave question and that of property right in news.
Other speakers urged the Counell to take up these matters at the earliest opportunity.-- Heuter.
ITALIAN CONTROL IN ABYSSINIA
House of
GERMAN. PAVILION
Berlin, May 24. Dr. Hjalmar Schacht, German Minister of Economies and Pre- sident of the Reichsbank will leave here by plane to-morrow for Paris to undertake on Wednesday the formal opening of the German Pavilion at the Parl World Ex hibition.
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MR. CHAMBERLAIN ON PROFITS TAX
Mr. Chamberlain addressed a largely attended meeting of the Trade and Industry Committee of the House of Commons on the
trade dis-
before final conclusions were reached.
the
The Birmingham Chamber of Commerce has forwarded to "Mr. National Defence Contribution,
Chamberlain a memorandum on and answered questions after its views .29 to the proposed wards. The meeting was private. National Defence Contribution... . It is understood that Mr. Cham- It states that inherent in the pro- berlain explained that unleas the posals are grave potentialities for Government dealt with increased hardship and, inequality, and there' profits there was a danger that is overwhelming evidence of the the manufacture of armaments injustice which would be entailed might be impeded by
by the selection of the years 1933, putes, and he was not disposed to 1934, and 1935 as the basis of vary his proposals for the benefit comparison. it is suggested that of those who had engaged in
frins should be allowed to choose the excessive speculation. He repeated
best or the two best years what he had told the House of before the year for which profits standard; he had never in- Commons with reference to the special levy is first collected. tended to adhere rigidly to
the years 1933-34-35. He was ready
had not yet decided what was the best method to adopt. With re- ference to the interest percentage on the capital basis, he was pre- however, it is declared emphatically he hoped would give satisfaction. Paris. In authoritative quarters,pared to make modifications which
that Dr. Schacht has no fixed plans Mr. Chamberlain also indicated in this regard, but that it is pro- that he was willing to consider bable that he will meet leading whether a set-off should be allow personalities of French political, ed in the case of losses or sub- and economic life.
normal profits, although he did
Dr. Schacht will be accompanied by the Chief of the Department (France) of the Ministry of Econo- London, May 24. The Under-Secretary for Foreign:
mics, Baron Mahs, and several high Affairs, Lord Cranbome, stated at oficials of the Foreign Office. The He said the ground of pride they question time in the
German Pavilion will be opened on felt in the British Empire was the Commons that Italian forces had the ceremony will be broadcast Wednesday morning at 11 am, and freedom of 1ellowship which united in the past three or four months over all German wireless stations. self-governing Dominions in free- further extended the area of their A banquet in Dr. Schacht's honour ly offered loyalty the Throne, occupation in Abyssinia. Reliable tradition and ideal of equality be information was difficult to obtain will be held at the German Em fore law for many races composing but, broadly speaking, the position given on Wednesday by the Reichs bassy to-morrow night and a lunch it. maintenance of even justice appeared to be that the Italian throughout Its borders and ready Government were now in occupa-
Commissar for the Exhibition, Dr. co-operation with others in com-tioL or the whole of Abyssinia with!
Ruppe mon tasks of civilisation. Both 13 the exception of a district in the been in circulation as to the poli- For weeks past rumours have patriots and as Christians they south-west of country lying to the tical mission of Dr. Schacht in "should take pride in aspects of the west of Mall and a small area be- Empire which qualified it for ser-tween Ban! Shangul and Gambella vice to God's kingdom' and eschew adjoining the Sudan frontier.-- the kind of pride which made of British Wireless. the Empire an instrument of self- assertiveness calling forth reals- tance of others till it perished in the conflict if provoked. The Em- pire had its place in divine pro- vidence and its very existence con- stituted the holy vocation of its
citizens.
British Wireless.
ENDEAVOUR IN GALE
ROYAL. VISIT TO SCOTLAND
of
to consider alternatives, but he PROSPEROUS
Undoubtedly he will on there not undertake to accept the rug- occasions discuss matters of in- gestion. He agreed that allowan: The King and Queen's official Coronation visit to Edinburgh on particularly in view of the France to be bulit up by new concerns terest to France and Germany, ces should be made for reserves July 5. is keeping the Scottish Of German Economic negotiations now and for the maintenance of bual- fice and the Court authorities very: busy. It is the express wish
In progress. The conjecture volced ness stability. He did not anti- their Majesties that every phase the final text of the Franco-German capital would be
In Paris that Dr. Schacht will sign cipate that the computation of of Scottish public and social life Trade Tresty da characterised nere lengthy process....
a difficult or should be fully represented at the as hypothetical, as several fun- official receptions. that it should damental questions are still to be It is understood that Mr. be essentially national in charac- ter, and that people in every com- New York, May 24,
munity from the Tweed to the A Belgian tender is leaving at
Shetland Isles should have facilit midnight to meet the Endeavour Iles to participate in Scotland's gala, which is expected to arrive at New days of the royal visit. port, Rhode Island, at about 10.30
SECRETARY OF STATE FOR a.m. to-morrow.
SCOTLAND The Endeavour I broke adrift
Mr. Waller Elliot as Secretary of from her convoy, the motor yacht State for Scotland and Mrs. Elliot Viva, during a 50 m.ph. gale in will take a prominent official part mid-Atlantic.
in the royal visit. The Lords Lieu-
YEAR FOR COAL
Transactions of the coal mining industry in Great Britain during
a credit
1938, statistics for which were issued recently by the Mines De- partment, resulted in balance of £9.811.715.
or 11.488. per ton of coal sold. 884 tons, and the amount dispos Saleable coal raised, was 221,070, able commercially was 205,477,322
tons.
Costs of production were £140,- 446,079, or 135. 8.04d. per ton, and proceeds were £150,258,394 or 145. 7.50d. per ton.
..
LOSS IN ONE AREA' The only district to show a debit balance was South Wales and Monmouth, the amount, being £70.435, representing just over a halfpenny per ton.
There were 711,898 workpeople settled. Dr. Schacht is expected to allowance will be mude to meet the earning per man-shift 108. employed and the output per man- Chamberlain made it clear that shift worked was 23.54 cwts, and return to Bezlin on May 27 Transocean News Service.
the position of companies which 0.35d. have not been able to provide for depreciation. The question of foreign holding companies was being considered, but it was dim- cult and he could not commit him- self to any definite pronouncement,
In reply to questions, Mr. Credit balances. Included; Beot- Chamberlain explained why pro land. £1,935,614; Northumberland, fessional men were not included in 2337,404; Durham, £106,730; the scheme, but it is understood Yorkshire, £3,250776; North Der that their inclusion is being con- byshire and Nottinghamshire, sidered. Companies formed in 22.409,688;*
South Derbyshire,
APPEAL TO BOTH SIDES IN SPAIN
London, May 24. The Chairman of the "sub-com-. The two vessels drifted apart and tenants of every county in Scot-mittee of the Non-Intervention the Viva was forced to proceed to land, every M.P. and his wife Committee has decided to appeal to Rhode Taland without the Endea and the Principals of each Unver-both sides in Spain to conduct vour I. The latter, however, is cam-sity, and other representative citi- their operations with the uticat pleting the passage under her ownzens of the communal life of the regard for humanitarian con sall, none the worst for the severe nation will be invited to the royal sideration it was' barned to buffeting she received.-
reception. Every invitation will be night...." Rruter.
a royal command.
Reuters Bulletin Service
*
1932 which had not been able to Leicestershire, Cannock Chase, and build up reserves or obtain a fair Warwickshire,21,238,583; Lan- standard pront would be the kind cashire Cheshire, and North of cases that would be considered Staffordshire, £1,188,202.