PAGE 8-HONG KONG DAILY PRESS
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ANNOUNCEMENT
The engagement is announced, and the marriage will take place it, St John's Cathedral
September
on
9. between
EDITORIAL
CHINA'S
FINANCES
ONG KONG, JULY 31.
Lieut.-Comdr. Herbert Geofrey WARS have always been costly and the current hostilities provide no exception, the strain on,China's resources although far less St. John Bury, Royal Navy, only than on those of Japan, being intense. son of Mr. and Mrs. Herbert Bury, Milford-on-Sea, Hants. and Verona Antoinette Buck ley, daughter of Mr. and Mrs. L. D. L. Buckley, Jersey, C.I.
DEATH
In view of this it is most reassuring to learn from a recent statement by Dr. H. E. Kung, President of the Executive Yuan and Currently Minister of, Finance, that China's financial condition taking into consideration the demands made by the war and the attendant problems and dificulties, is stable.
The confidence of the people in their banking institutions, which in turn reflects the soundness of the nation's financial structure, can bank be gauged from the fact that there has been an increase in FINCHER-WIlliam Francis, sud- deposits in practically all the areas not affected by the hostilities.
denly at the Kowloon Hospital
Even in normal times. this would be most. gratifying to the at 9.20 a.m. yesterday, aged 72. authorities as an indication of the stability and prosperity of the Funeral will pass the Menu-country but in the present circumstances it is all the more so, con- ment at 4.30 p.m. today. Mel-sidering that there has been no rise in the bank interest rate and bourne. Sydney and Shanghai that, on the other hand, many banks as early as July. ceased paying papers please copy).
interest on all current deposits.
The Daily Press.
友之國中
Editorial and Business Office: 15-19, Queen's Road Central. Tel. 30251.
Night Editor (Wanchal Office);
Tel. 24511.
London Office: 53. Fleet Street
E.C.4.
HONG KONG, August 1, 1938.
SUPPRESSION
*
THAT the people's confidence is justined is borne out by the know- ledge that since the war broke out there has not been a single bank failure. ·
*
Many Chinese banks, removed from areas occupied by Japanese troops, are now carrying on business elsewhere. In Shanghai, älter the fall of this city, a few native banks closed their doors because of poor bustness but only after their depositors had been fully paid.
An indication of the healthiness of China's currency system is that while the volume of the note issue has been somewhat increased. in the past year there still exists a shortage.
In the occupied cities of Peking and Tientsin, despite all sabotage and intrigues of the Japanese, the amount of Chinese legal tender notes has been increased by between $70,000,000 and $80,000,000 since last autumn.
Chinese in North China not only prefer these notes but hoard them and throughout these months their value has been higher than that of notes issued by the puppet regimes.
*
REPORTS from various province state that local banks have issued less than half of the subsla.ary notes they were authorised to issue and as a result there has been a keen demand for subsidiary notes of coins circulated by the Central Bank and the Central Mint. This goes to show that the people have an unfailing confidence OF TRUTH in the Central Government and from the point of view of national economy It proves the strength and extent of the new spirit of time now certain national ulty. Freedom of the Japanese cou
In conformity with the Government's polley of putting more ernment has been employed in an money into circulation instead of keeping it in bank vaults, branches undertaking that is characteristic of the "Big Four "the Central Bank of China, the Bank of China, of the Nipponese-suppressing the the Bank of Communications and the Farmers' Bank of China-in truth. They seem to have made a (many places have taken on another function, that of discount and fairly good job of it too, thanks national unity.
to the fact that the peasants and
*
So far the amount of money thus lent to individual merchants. AN INTERIM DIVIDEND ol ONE DOLLAR AND TWENTY the poorer classes are too dense to business arms and local banks totals roughly a little over $50,000,000. FIVE CENTS per share for these for themselves the teal state most of the loans being secured on farm products with the rest on
of affairs. Thus one reads reports factory goods and government bonds. in the Japanese newspapers about 20,000 Chinese being killed in one REFERRING to the improvement in the nation's rural economy. Dr. Kung emphasised that the Government liked to see farm products day. another 30.000 on the follow- ing day and so on, so that if the appreciate in price so that the farmers would be financially better off. figures were added together. "at In this regard mention must be made of the important part least half of China's 450,000,000 being played by the co-operative societies which total more than people must have, by this time. 30,000 with about one-third of them in the province of Klangsi. been killed in the present
From this review it would almost seem that China was engaged in These same newspapers are ner normal peace time occupations instead of passing through one scrupulously particular not to ex-of the most, perilous periods of her existence, with one-third of her aggerate the seriousness the population victims of Japanese aggression.
and as a result they Bo, with the state of affairs such as it is, it can be readily seen situation actually give the death-roll on the what a period of great prosperity faces China when finally she Japanese side about once a week demonstrates to Japan that the people of China, and they alone, will
to ten decide as to how their country shall develop. deaths may be reported. when anything from one
NOTICE IS
six months ended 30th June, 1938 will be payable on MON DAY, 22nd AUGUST, 1938, on which date Dividend Warrants may be obtained on application We have received instructions at the Company's Office, 3, from the Kwangtung "Finance Chater Road.
HEREBY Department to the following:
GIVEN that the REGISTER effect:-
"In accordance with records OF SHARES of the Company will be CLOSED from MON on file, a transit tax should be
DAY, 8th AUGUST, 1938, to levied on all goods passing the locality. It is our under, SATURDAY, 20th AUGUST, 1938 (both days inclusive), during standing that goods are some which period no transfer of shares times shipped to Hunan and ·
can be registered. Hankow direct from Kowloon by train. On passing through this province, a transit tax should be levied on such goods
in accordance with regulations
in order that a large amount
By Order of the Board of Directors,
B. C. FIELD,
Acting Secretary.
of revenue may not dwindle. Hong Kong, 30th July, 1938,
6160
NIPAH DISTILLERIES
OF MALAYA, LTD.
1
However, there may be consi derable inconvenience felt by the merchants who are required to pay the transit tax in Can. ton, whereas these goods are shipped by trains at Kowloon. For the sake of convenience to the merchants, we have decided to establish an office at Shum
Enquiries are invited for the chun for the special purpose of Distillery (capacity 7,000 gallons collecting this tax, so that
of alcohol, per day) and Sugar merchants can pay it at the
Making Machinery (capacity 150 spot. The rate of transit tax tons per month) installed on the on all goods will be 60% of the Company's Estate at Kuala Selan. Customs duty paid on such
gor, Federated Malay States. goods."
Both plants are in first class Pursuant to the above, it bas
condition and open to inspection been decided that effective Ay from the 15th JULY, 27th Year by Prospective purchasers.
function.
HENRY WAUGH & CO., LTD.,
Penang,
of the Chinese. Republic, our For specifications and full par: office at Shumchun will begin to ticulars apply: Box No. 6149, c/o "Hong Kong Daily Press" In addition to notifying all or direct to concerned, this proclamation is issued with a view to its being noted by all Chinese and foreign merchants as well. Should they bave goods forwarded to Hunan and Hankow by train from Kow. leon hereafter, alter paying the Customs duty, they are requested to send their men with funds together with the Customs papers to pay the transit tax to our office nt Shumchum.
In order to ensure that there will be no delay, no objection to
pay this tax shall be tolerated.
" CHOW SING NAM..
Director of the Tax Bureau of the First Area.
6149
Straits Settlements,
Managing Agents.
What do
you want?
there is anything You want to bay or small try Classified advertisement.
*
July 13, 27th Year of the 25 words $1.00 prepaid Chinese Republic.
'6163)
for 3 Insertions.
#
of
war
CIMPLE people essentially, these DR. WANG Spers, he express muy gra
fication at such a favourable state of affairs Thousands of soldiers,
have been send SIMPLE PEOPLE to the front EASILY and only such SATISFIED 2 small per
centage make the supreme sacrifice. Why then should not the people be satisfied? But are those newspaper figures 'correct even though they may have been released officially? We doubt
it.
LEAVES FOR
NEW CAPITAL
Removal To Szechuan
Hankow. "July 30. The Chinese Foreign Minister,
CHOLERA IN KWEIYANG
MONDAY, AUGUST 1, 1938.
Hello & Goodbye
BY A. W. HYER
Well, here it is Monday morning and another holiday again. Maybe we had better look at the date and make sure-li might be another one of those days that just seem like Monday and a holiday. Yes, it's Monday all right, or a reasonable facsimile.
Now, if we can get all the "lowdown" on the journeyers in co- herent print and reading "right pretty," we might get a half holiday, too.
And here goes the Blasts!
Empress of Asia
to devote his two weeks to relaxa tion and pleasure.
Adios,
we will be seeing you.
STOPPING IN FROM Vancou-
ver and waypoints was the anon! Empress of Asia, Thursday, 8.45 s. S. Hellkon 1a.m. There was plenty of a crowd
down to say "Hello." The police HE DOES NOT WANT TO PLAY with ships any more, it will be line at the pier certainly improved the knock down, drag out seram- j rubber-All right for you, Mr. ble which usually takes place the Henry Chow. Arst Ave minutes after the lower- ing of the gangway.
Saturday p.m. away for Saigon he sailed, leaving the Dollar Steam- Dashing up the gangway were ship Company. his friends and the- many Chinese lads and lassies down Colony for an indefinite period. to welcome the petite and charm- Best of luck, hope the rubber ing Miss P. Mah of Shanghat: plantation has plenty of snap-
Haruna Maru
After a month's visit with her Good-a-bye. mother and friends in the Colony, Miss Mah will return to the North- ern city.
We hope your stay will be pleasant.
FRIDAY, 5.30 PM, N.Y.K's. Haruna Maru skidded from her buoy for Shanghal and Japan.
Winding up a successful three weeks' business visit in the Colony, Mr. A. Fleischman of Fleischman-
Thi distinguished gentleman.. iron grey at the temples, is Mr. W. D. Murray. An executive of the Burd and Company, sailed for Chinese Post Office in Shanghal. Kobe.
he has his trials and tribulations. A short call to his offices in sale The length of his business call to city, then on to Canada and across. Hong Kong is indefinite, though to embark for. London, his home
soon to return to his he hopes
port family in the North
·
Mr. Fleischman's interest is min- Mr. Murray, who was mosting, and reports his business on cordial, expressed regret at his in-the "up" and up.”
||
ability to supply us with definite We will no doubt see him ir a information regarding his visit few months time as he is a per- here. He did state, however, that petual ticket buyer for the Far the Japanese are securing a firmer East. hold in the North each day, and
Mr. K. Maejima, another saller particularly Shanghai, in her civic on N.TK's. clean and compact
and,
4
and economic affairs.
little vessel. Shanghai will see Mr. L. B. Stlles is with us again him for several weeks before his the home station in course, everyone knows this return to busy person who takes care of Japan.
is a affairs for T. Eaton and Company This interesting traveller of Canada, in the Far East.
very busy person, and who wouldn't
care of all the ad His call will be short as he re-be-taking turns to the North, and eventuallyvertising for that comprehensive Toronto, on the Empress of Asia, and leaving this week.
interesting yearly book "Glimpses of The Far East.” President Pierce
"Lots of luck and pleasant days.
Almost two foot two, but with big black eyes, 'black curly hair and ISN'T IT ABOUT TIME to burst into song with "It Ain't Gonna a delightful accent, we discovered
Rain No More!" Miss H M Depler.
Captain Thomas. Dollar Line's Attired in a blue cotton, wearing very nice port Gaptainu attempted. a sassy navy pill box, straw and to help us keep dry. Friday. 7.15 red kid sandals, this French Missa.m., when the fat and heavily can certainly tell you
what a loaded" President Pierce parked swelegant voyage a person can herself at the wharf. And how It have travelling from Vancouver via did rain, our feet are still wet.
1. Mrs. A. C. Fauntz and her young. the Empress of Azla.
A short stop over in the Colony daughter were given "happy hellas" Kwelyang. July 31. and away to Saigon Miss Depier on their arrival from the States. Lieutenant Faints. US.N., is the A cholera epidemic is raging in sails, for she is very anxious to be
new Supply Officer of the South Kweiyang capital of Kweichow home. Happy" landings.
The Asiatic Petroleum, Company's Asiatic Patrol. He and his family province. Many deaths have been reported..
Mr. L. B. Gammell is back in town will be a new and indeed welcome injection corps --Sorry we missed you on the Em-addition to the Colony's going-ons have been sent by the medical press, Thursday a.m. But we, send-Hello!
The President Pierce heads for authorities to give free mocula- our "bestest hello."-hope your trip
home, San Francisco. today mid. " than to the people and an isolation was a good one.
Another high muckamuck ar-night, with few passengers but..
Canadian rlying
Pacific's very heavy cargo. 2500 pounds, clinic is being established.-Cen- trai News).
steamer was Captain A. Alves-Lico, | that's something. Portugal's Vice-Consul in Shang Air France RELIEF FUND
hal. And he was in a big rush for his home hearth when he went a DUE TO VERY poor weather the dying to Europe via Imperial Alr- test fight from Hanol to Kat ways, Friday a.m.
Tak of Air France did not take place.
Anti-cholera.
In fact we are told on good Dr. Wang Chung-hal left Hankow on Friday for Chungking, the new authority that these Agures ar: far from correct. It was stated capital in Szechuan Province. The transfer of other Ministries and that an idea of the number of Japanese killed in the present war 10-military branches of the Ad- may be gleaned from the very ministration has been arranged to large number of women and chil-take place not later than August appropriated
3. dren-widows and orphans who
The military authorities wil r may be seen throughout the coun-
Foreign diplo. try, in deep mourning These peo- main at Hankow. ple are informed by the Japanese matic missions are planning to War Office of the death of a hus- remove their offices to Szechuan band.
2
3
before the middle of August. a father. brother or
The French -steamer, Fuklen. relative. But the Press is never allowed to reveal the true state of which will be used for trans- affairs for this may come as such port has already arrived at Han a shock as to bring about a major kow where the evacuation of civi Man population, ia being speede up following the capture of Kiu- klang by the Japanese although THIS rigid suppression of the no feeling of panie prevails. Truth is not confined to the publication of the death roll alone.
crials in the country.
REFUGEE TRAIN
1
Loyang, July 31. The National Government has 2150,000 to relieve the refugees in the border regions, of Kansu. Shens, and Chahar.
Messrs. Lin Tsu-han and Tsac
Chung-chih have been sent
28
..
So! The Empress of Asia com- pleted her 139 voyage West. Manila Bound 6:30 pm. --
They will come in, this Wednes- day, and on August 10th inaugurate this branch of the line.
relief delegates to distribute the DRIPPY ADIOS was bid to Eurasia Aviation Corporation
the refugees-Central
fund to News)."
SHANGHAI
GUERILLAS
Hankow, July 30.
outbreak of hostilities in
Mrs. Selwyn-Clarke and Mis- tress Mary when they left for a THE SATURDAY 5.20 p.m. Eurasia Mary- month of vacationing in Manila plane delivered. four via Empresa of Asta.
Knoll Bisters down from Wuchang. Attired in a tailored white suit Sister Mary Theophane, Sister and wearing a large blue and white Heldegarde, Sister Mercedes and brimmed hat which complimented Sister Constantine are due for a It is widely rumoured in Shangher blond hair, the capable Mrs. change and transfer to another huf that Chinese guerillas will
Selwyn-Clarke gave interviews, House, and will await orders" here on stage large-scale operations greeted friends and exchanged in Kowloon. It applies to everything connected Another international train will August 13, the first anniversary of goodbyeż. «
During the nine years of teach- with the war so that if a letter leave for Hong Kong on July 31st, the
After a strenuous inspection triping in the Northern school, these addressed to any-one of the last opportunities for Shanghai, according to a Shanghal in the Northern Interior of China, sisters have never see such con-. bady in Japan so foreigners to leave Hankow in a message.
she was looking forward to a rest ditions as exist at the present time much
men-southern direcion.
Meanwhile, gunfire is clearly au- and holiday with her smal The School in Wuchang has been tions the fact that Following the example of the dible from the western district. Caughter.
most fortunate and spared from one Japanese plane was shot down French Settlement the former Pootung and Woosung every night. Miss Mary Selwyn-Clarke, so the effects of the present war: in battle, that part is promptly British and former Russian Settle- The Japanese are staging high, just looked with large round Pan American deleted before the letter is forments are in the meantime bar-house-to-house search in Pootung blue eyes. "Some boat," she ap- warded to the addressee.
ricading all approaches and pro- Able-bodied men are fleeing in peared to be thinking. "All this 19THE HAWAII CLIPPER, which And so with wireless receiving tecting the boundaries with barb- large numbers to the French Con- very strange." But her tongue was
disappeared between Guam and sets. It is learned that all shorted wire entanglements. Plans are cession and the International Bet tied, no interview from this Miss. Manila, is gone, we fear. wave sets in Japan have, for some-being made to include the former tlement lest they should be
We wish you. Happy Holiday, Wt take this opportunity to ex- time now, been forbidden and wire-German Settlement in the special suspected for being guerillas,—
hurry back!
press our sorrow for the popular less fans must be satisfied with zone which includes the British (Central News).
"I have been waiting for you, and charming Capt. Leo Terletzky knew you would be along, hello," and his assistants.
ALL ROUND CENSORSHIP!!
28
sets good enough for local recep- and Russian Settlements.
tion only. The idea behind this precautionary measure is to make')
sure that no news may leak into
SPECIAL ZONE
DEPUTY PREMIER
was Captain S. H. Batty-Smith's. The Chinese and Japanese au- OF AUSTRALIA greeting as we pounced on him be- fore he left on the Empress of London, July 30, the country from foreign stations thorities have been requested to
Bir Earle Page, Deputy Prime Asia for Manlia. regarding the sorry plight of the recognize these three former for-
The Captain, who everyone knows Japanese soldiers in the China eign Settlements as a special zone Minister of Australia, left London.
which is to be extended to the on Saturday to return home via and enjoys, is taking a holiday front.
from his confining duties 18, ADÓ: we have the Japanese Peiping-Hankow Railway in order Canada and the United States. And so
His Excellency Bir. Geoffry While in America he will call on to leaders with their hands full, at-to establish refugee camp tending to two things at one time Moreover the foreign colony the secretary of State, Mr. Cordell Northcote.
the China Campaign and the with exemplary co-operation of Hull-Reuter) Campaign, for the, Suppression of all nationalities is organising a
Truth in the Land of The Rising foreign, auxiliary police, an-au-mittee for Refugee Reltet. Bun!
xillary fire brigade and a Com-jocean).
U.S. AMBASSADOR LEAVES HANKOW
Hankow, July 31 Mr. Nelson T. Johnson, American Ambassador to China, is leaving here aboard the USA. Luzon for There is no telephone line from Chungking, sest of the National the Colony to Manila," he said, Government on Tuesday, it is (Trans-with a twinkle in his eye. On this learned from authoritative circles.
his first call at Manila, he intends Central News).
.