0. K. SAUCE
"WEATHER FORECAST:-E. WINDS, MODERATE TO FRESH; CLOUDY OCCASIONAL DRIzzle or lighT RAIN.
Hongkong Daily Press.
Registered sa Newspaper at the Genaral
Served in the best places
Post Office in the United Kingdom.
報西
ESTABLISH 1857
刺孖
No. 25126
推弍佰壹仟伍萬弍路:
S. AFRICA IN| LEAD BY 601 RUNS
DREARY BATTING
IN FIFTH TEST
DURBAN, Mar. 9.(Beuter)—· Having scored 387 runs for the lose of six wickets at the tea interval to-day, South Africa is now leading by G01 runs against the M. C. C. in the Fifth and final Test match. Interest
the
15- in
match diminishing and only 400 specta- tors were present this morning. There was slight overnight rain but the wicket showed no signs of crumbling.
Nourse and Viljoen resumed bat- ting and at 242 Nourse skied a rising ball from Farnes and was. taken at short-leg by Leonard Hutton. He made 52.
Melville, who was limping from
LAUREL & HARDY "BLOCKHEADS”.
COMPETITION The "Hongkong Dally Press” bas pleasure announcing another competition, to be known as the Laurel and Hardy "Block - Heads "
HONGKONG, FRIDAY, MARCH 10, 1939.
"STABILITY OF CHINESE
18-19 Marina House, Queen's Bow. Central.
Q.P.O. Bai No. 1
1拾月委邮政拾叁佰我千叠英
BINOCULARS
Without duty, with lower margin of prodit, binoculars may be obtained in Hongkong at prices impossibla anywhere else.
More so may this be said of second-hand binoculars which also" forma amall part of the stuk of
Lazamus
OPTICIANI
(Opposite the Hongkong Hotel)
Price Single Copy; 10 Cents.
Per Month: 13:00...
DOLLAR GIVEN STILL
STRONGER BASIS," DECLARES MR. T. V.
T. V. SOONG
JAPANESE competition, ADVANCE IS
which differs entirely from those formerty held. Full detalls will be published in these columns to- day. The contest will begin to-day and continue until next Thursday, and the senders of the first ten correct solu- tions received by the Competi- tion Editor at the offices of this paper, 319 Marina House, 15-19 Queen's Road Central, by noon on Thursday, March 16, will be given a pair of tickets to see the M-G.-M. production Laurel and Hardy in "Block- Heads" at the Queen's and Alhambra Theatres.
a strained leg, joined Viljoen who IMMEDIATE
was aggressive and hit 10 runs in an over from. Wright. At lunch the score was 292.
South Africa
had added 85 runs in 105 minutes this morning.
BLOCKADE ORDERED BY
GEN. FRANCO
HARASSED
ICHANG, Mar. 9 (Central)-The Chinese are harassing the Japan- ese advance in central Hupeh by Banking and rear attacks. Several points on the Kingshan-Chung- stang and Hankow-Ichang high- ways have returned to Chinese hands as a result of such harassing attacks. These include Yunglung- ho, Yenmenkow, and Waminotsi, all. lying to the east of Chimgslang It is claimed that about 300 Jap- anese casualties were, iniicted and eight Japanese tanks damaged.
About 1,000 Japanese infantry and cavalrymen moved northward from Chungsiang yesterday to meet Chinese attacks, South of Chung- slang. the Japanese are menaced. by a Chinese encircling movement. A Japanese party of about 100
They
MR. T. V. SOONG
NO DISSENTIENT VOICE IN PRESS
Exchange Market Fund Is Firmly Maintained Despite Speculative Raids: Crisis Virtually Overcome
"CENTRAL NEWS" ON THE LONDON. INTERVIEWED BY THE
"ANNOUNCEMENT OF A STABILIZATION FUND FOR THE CHINESE CURRENCY, MR. T. V. SOONG, CHARMAN OF THE BANK OF CHINA, SAID:-
"THE STABILITY OF THE CHINESE DOLLAR, WHICH HAS BEEN
HAS MAINTAINED SINCE JUNE LAST,
NOW BEEN GIVEN A STILL STRONGER BASIS BY THE CREATION OF A JOINT STABILIZATION FUND -BY THE BANK OF CHINA AND BANK OF COMMUNICATIONS, AND, ON
THE BRITISH SIDE, BY THE HONGKONG & SHANGHAI BANKING COR=" PORATION AND THE CHARTERED BANK: ·
“It will be recalled that on March 12, 1938, under circumstances that are well known, the Government issued a mandate suspending free sales by the Government banks of foreign currency at official rates," and prescribing a proce- dure for the application and allotment of foreign exchange."
* Exchange "rates in the 'open) JAPANESE SCHEME men made an attempt to cross the
market at Shanghai continuously MADE IMPOSSIBLE Han River at Chungslang in three
dropped ́and by June that year, LONDON,, Mar. 9 (Reuter)--Ali | the dollar was quoted in the neigh- boats yesterday morning. were fired upon by the Chinese papers give prominence to the an-bourhood of eight pence,” he added. (Reuter)—while they were midstream. Que nouncement of the Stabilization
"At that point, the Bank of Immediate blockade of the Mediter-of the boats was sunk. The other Fund and liveliest satisfaction is China felt that dollar was under-
controlled by two immediately turned back. ranean coast stil
expressed and there is no dissen-valued, and as the Chinese people the Republicans, has been ordered
tient voice. Both press and finan- possess an abiding confidence in cial circles point out that one re- their currency, if the Bank would
BURGOS, Mar. 9
Batting was dreary on resump- tion and the 300 was hoisted after 366 minutes. At 74, Viljoen chopped a ball from Perks onto his wicket. (346-5-74). Viljoen hit seven fours and was at the crease for 183 minutes. Dalton in a lively knock for 21, hit a six and three fours. by Gen. Franco. Ships are warn-
At tea. Melville was not out with ed not to 68 to his credit while Grieveson had not yet opened his account.
Scores:-
South Africa-ist innings 530. M.C.C.-ist innings 316.
8. AFRICA-ZND INNS. Van Der Byl, c Paynter.... *Mitchell, hit wit, b Verity Rowan, c Edrich, b Verity Nourse, e Hutton, b Farnes
97
enter the coast forty miles west of Almeria and thirty miles west of Valencia.
Nati nalist submarines ordered to sink any vessel, irre- spective of the colours they are flying, if they enter the three-mile |Emit.
!
HOME FOOTBALL LEAGUE TABLES are
pressure on Owing to space the Home Football date, League tables to which usually appear on the Back Page, are held over and will be published in to-morrow's issue.
Its reported that a French steamer has been seized by. Na- 25tionalist warships and taken to a 74 Naticnaist port.
Viljoen, b Perks
Melville, not out;
69
Dalton, c and b Wright
21
Grieveson, not out
0
Total (for 8 wkts.) 387
Fire Aboard 30,000 - Ton French Ship
KING'S MESSAGE
TO POPE
LONDON, Mar. 9 (Reuter)-The
I
First Constructive Step
By British Government
sult of it may be to make it im- make determined efforts to absorb JAPANESE HAVE NO LEGITIMATE
possible for the Japanese scheme for banning the Chinese dollar in North China,
In this connection it is learnt that Chinese troops in North China are paid in money: sent from Chung- King which, despite the dificulties
temporary shocks, caused by un- favourable military and political developments, the market could be held.
"The tacit consent of the Ministry of Finance was Anally obtained for the opera-
In the huge spaces to be covered, tion, and with the unstinting are regularly transmitted, hence support of friendly forelgri and the other the Stabilisation: Fund will help interests Chinese currency even in North Chinese banks, the Bank, of China as it were by the back door. China started to stabilize the
"Reuter"! learns on good au- ..
exchange market. thority that a small Chinese exchange equalisation fund has been operating for the past nine months and has setually shows a profit on transactions,"
"Experience has shown that our JAPANESE PLANES
expectations had been amply justi SHOT DOWN
fled, and despite speculative raids caused by the successive fall of King has sent a telegram to Pope WELLIN, Mar. 9 (Central)-Au- at the
Kiukdang, Canton and Hankow, the Plus XII congratulating him on thatic reports received
exchange market has been firmly his election and expressing his mary headquarters here reveal
maintained. The Bank was 'even warmest good wishes. The King thaê during the Japanese alr at-
Before the announcements was able to re-purchase all the 'foreign bas appointed the Duke of Nor- tack on Hainan Island on February folk as his special ambassador 20. two of the participating planes made in Parliament the principal exchange it had used for the sup and representative at the Pope's were shot down by the Chinese foreign Governments were inform-port.of the dollar, when the un- coronation on Sunday.
ed of the British intentions. It is easiness on the exchange "market that followed any serious military understood that the communica-
reverse subsequently subsided. tion to Japan recalled Japan's previous statement that a stable Chinese dollar is in her interest.
Lorces.
BIG EXPLOSION EMANCIPATION FOR CHINA'S WOMEN: STRIKING APPEAL
PREVENTED
PARIS, Mar. 9 (T/Ocean)-Fire broke out last night on board the 30,000-ton Uner Pasteur, belonging to the French South Atlantic Com- pany, which is in the course of construction at Saint Nazaire, on the estuary of the Loire, and was to have been put into service next June.
BY MADAME CHIANG
CHUNGKING, March 9 (Central)-“Until China is emanci- pated, there can be no true emancipation for the Chinese women," declared Madame Chiang Kai-shek, the First Lady of China, in a stirring speech at the mass meeting sponsored." by all women bodies in Chungking yesterday in celebration of Women's Day.
By a curious colacidence. the
"With Ching in the throes of engage in relief and propaganda Pasteur is destined to replace the liner Atlantique belonging to the allen aggression and 450,000,000 work. same company which was totally Chinese in danger of being enslaved destroyed by fire some years ago how can there be emancipation for Madame off Le Havre during a trial trip the Chinese women?!! prior to her maiden voyage.
Chiang asked.
Madamė Chiang revealed many instances of foreign women, expressing their sym- pithy for China's struggle for emancipation. Producing The fire on the Pasteur broke Under present circumstances the
necklace, she said that it was out in one of the ship's funnels movement for women emancipa-
received from an Indian lady, which was enveloped by scaffolding tion in China, Madame Chiang
who offered her only ornament with and spread with great rapidity, emphasized, should not end
to 'Chins as a token of her threatening fuel tanks full of the emancipation of women only,
profound sympathy with her. crude oil.
but should be supplemented with
BLIND GIRL'S `GIFT Thanks to the energetic efforts efforts for national emancipation.
Then taking out a gold dollar. of the fire brigade, an explosión She urged all Chinese women to which would have had incalculable bear their responsibility in nation- Madame Chiang said that it was consequences was prevented, butjal reconstruction and armed re-la gift from a blind" American an accompanying letter. some hours elapsed before the resistance and exert their best efforts girl. In could be extinguished. Damage in to gain freedom and equality for the donor said that, after being
the whole nation and to raise told of the sufferings of stated to be extensive.
China's international position. Chinese from Japanese atrocities, the advised them to do these in- she felt she should not complain portant tasks with an energetic about her own fate of blindness and enterprising spirit, strong or-and she hurried to send this dollar ganisation and careful planning to encourage the Chinese to com
tinue their heroic struggle against WARTIME WORK URGED thy aggressor. Madame 'Chiang suggested many
THE DOLLAR
the
TT. ON LONDON: 13. 2.25/328. T.T. ON NEW YORK; 28 7/8.
Concluding her speech, Madame London Silver Market -
kinds of wartime work which all Chiang said that, in view of such From Our Own Correspondent
Chinese women may undertake as profound sympathy from foreign | в part of their duties to the coun- sisters, London, Mar. 9.
Chinese women should this emergency time, strive harder for the emancipation London silver prices to-day were try at down 1/16 for Spot and up 1/16 Among other things they may of the nation. Each of them for Forward as follows
comfort and help the families of should prepare to meet whatever soldiers killed in action or fighting sacrifices for the welfare of the at the front, promote social educa-whole nation in general und her tlon, encourage production and 225,000,000 sisters in particular.
Spot Forward
Mar. 8 Mar. 9 20-9/18-20-1/2. 19-7/8 19-15/16
4
CAUSE FOR COMPLAINT
LONDON, March 3 (Reuter)--The British Govern- ment's decision to guarantee the Stabilization Fund is welcome from all points of elew says “* Financial News "For the British traders in the Far East and the British holders of Chinïese bonds it is cheering news Indeed.
NO URGENT NECESSITY, WELCOME
After explaining that the Japanese can have no legiti- mate cause for complaint. the "Financial News" says, "One could wish that the op- posite were true. Not merely our own interests, but com- mon decency, demand that we should
support, China
SAFEGUARD against Japan's wanton and
A CONSTRUCTIVE POLICY
brutal aggression...
"Yet_hitherto only America has given any real assistance and our material contribution was limited to a few hundred thousand pounds sterling for the purchase of
"With China's balance of inter- national payments no longer caus- ing a drain on her foreign ex- change reserves, the creation of a Ing. “The Times” says that the Joint Stabilization. 'Fund' by im-announcement of the £10,000,000 Chinese
ONDON, March 9 (Reuter)—In | lorrles.
their "City Notes" this morn-
"Yesterday's move 13 the first constructive step the Government has seen fit to take and · It should not be allowed to rest until this coun- try has done is uttermost to help China" the paper con- cludes.
A series of interesting alms, of portant Chinese and British inter- Stabilization Fund for educational value, was shown to a ests to provide a cushion to absorb exchange will be most welcomed in large gathering of Scouts at the possible future shocks, and the City, especially in quarters in- raging resources MANY times Cathedral Hall yesterday evening. eater than the Bank of China terested from any point of view in The show, was arranged by Mr. had so far employed, will be wel-China trade..
The News-Chronicle" says that Wilby, Scouter of the newly form-comed by all who are interested in
The Chinese Government has all a stable Chinese dollar is vitally ed.Cathedral Troop, and the Rev. the domestic and foreign trade of álong been greatly assisted by large necessary to British financial and A P. Rose, for the purpose of rais-China as a factor in the stability purchases of silver by the Ameri-commercial interests. That was a ing funds for the troop,
of the Chinese currency that could can Treasury. Latterly, sliver ship-good reason for helping China but hardly be over-estimated," con-ments have been diminishing and it was not the best reason...
Wider interests, adds the paper, cluded Mr. Soong.
it is generally believed that al- though there are adequate funds demand that Japan shall not be to support the exchange for the allowed to get away with her brutal" SHANGHAI
time being, foreign exchange silver assault on her neighbour and one SHANGHAI, March 9 (T/Ocean) reserves are not so ample as could of the ways in which Britain can strengthen China's gallant re- Sir John Simon's announcement be wished.
sistance is by financial help. had a favourable effect. on the In the circumstancea,
"The "There should be more of it," Shanghai stock exchange this Times" adds, this Stabillation
GUIDE TO THE NEWS
Page 2 Entries for First Extra race meeting. Local soccer forecast. Ride shoot- ing Home football, fore- cast by Telescore.! Page 3 Women's interests.
Confide in Faith Prior. Page 5.--Cinemas. - Crossword puzzle, Dairy of local events. Page 6-Women's page. New-,
settes. Forthcoming mar- riages. W
a.
Page 7 Record entries in Flower Show. Chinese Y.W.
Cía. joint" campaign. Page 8 Leading article: Bri-
tish Credits for China. Page 10-The Services.. Radio
programmes.
Page 11-Green Island Cement. Company annual meeting. Pages 12 and 13-Finance
and commerces,
Pages 14 and 15.—Shipping
news and directory.
FAVOURABLE EFFECT IN
morning · Chinese currency" quota-
Fund, though not perhaps an ur- tions showing a rise of two per gent necessity, is certainly a most cent. The light into foreign ex- chänge resulting from the impend- ing elimination of Chinese cur rency in North China has been brought practically to a halt by Sir John's declaration
Financial quarters' here believe that the crisis for Chinese cur rency is virtually overcome.
The Japanese presa severely criticizes the plan of the British loan which it regards ys England's answer to the Japanese endeavours for reorganisation of the Far East. Continued on Page 9
AIRGEAD SIOS SCRATCHED
welcome safeguard." It is more- over satisfactory to find that the Chinese banks are able to piace so large a sum of sterling funds at Its disposal
declares the News-Chronicle."
TRAFFIC IMPROVEMENT COMMITTEE
The amount of the fund is
His Excellency the Governor has large in relation to any de-
appointed a Committee consisting mands likely to be made there.
of Mr. M. J. Abbott (chairman), on and it should be well within
Mr. W. R. Scott, The Rev. G. E. B.. the power of the committee;
| Upsdell, Major (Brevet: Lieut-Gol.) which is to administer the fund
TW. Richardson, O B, E, RA in Shanghal, to maintain
B. C., and Mr. P. M. Hodgson to stability in the exchange, or control the rate as desired.
undertake, the drafting of the neces sary legislation for the improve- "The Times comment adds ment of the existing laws and re- that the Japanese attempt to force gulations affecting vehicles and Federal Reserve Bank currency in traffic in the Colony.
North China must be viewed with considerable" "concern due to the possibility of a breakdown in the
ordinary mechanism of North Thieves who entered the Co LONDON, Mar. 9 (Renter)Air-China's foreign trade, but there is lonial Cemetery, Happy Valley, gead as has been matched from little reason to think that it will early on Wednesday morning stole the Grand National following a present a serious problem for the quantity of iron railings from breakdown during training..
defence of the Chinese dollar, a
various graves,