PAGE 8 HONGKONG DAILY PRESS
ADVERTISEMENTS The Daily Press
西剌臺
and Business
Office:
Tel. 30251.
HONG KONG & YAUMATI
FERRY COMPANY,
LIMITED.
NOTICE TO
SHAREHOLDERS
The fifteenth Annual General Meeting of Shareholders will be held at the Company's offices at the Jordan Road Ferry Pler. Kowloon, on Wednesday, the 26th April, 1939, at 12 Noon, for the purpose of receiving the re- port of the Board of Directors together with a statement of Ac. counts for the year ended 31st
December, 1938.
The transfer books of the Com. pany will be closed from the 15th April to 26th April 1939, both days inclusive.
וי
LAU TAK PO, Managing Director.
THE HONG KONG, CANTON & MACAO STEAMBOAT CO.,
LIMITED
Editorial
15-19, Queen's Road Central.
#
Night Editor (Wanchai Office).
Tel. 24511. London 'Ofce: 53, Fleet Street
E.C.A.
HONGKONG, Arat. 25, 1939
JAPANESE
AUDACITY
THE HEIGHT of audacity is
the only way to describe 1 the latest Japanese demand on the Shanghai Municipal Council that a ban be placed on the display of the Chinese" National flag in the Inter- national Settlement. Further Japanese demands also in- clude the suppression of all manifestations, particularly in the newspapers, connected with the Chinese national spiritual mobilization move- ment.
THESE demands follow similar ones made to, and accepted by, the authorities. of the French Concession several days previously. The French ban on the flying of the Kuomintang flag, accord- the NOTICE to SHAREHOLDERS ing to reports from
northern port, led to demon- strations, akin to rioting, and the Concession" police even- tually were compelled to hand back the confiscated flags to their owners.
NOTICE
is hereby given that the ONE HUNDRED and NINETEENTH ORDIN MEETING OF Share ARY holders in the Company, will be THE JAPANESE demand for held at the office of the Company, the suppression of news re- Queen's Building, Victoria, Hong lating to the national spiritual Kong, on Friday, 28th April. mobilization movement ap- 1939. "at noon, for the purpose al plies equally to foreign-regis- receiving a Report of the Directered newspapers. lors, together with a Statement
and re-electing | of Accounts, Directors and Auditors.
The TRANSFER BOOKS 0. the Company will be CLOSE from 22nd April to 28th April, 1939, both day's Inclusive,
By Order of the Beard of.
Directors.
الله
H. DA LUZ,
Secretary Hong Kong, 14th April, 1939.
CHINA UNDERWRITERS,
as the
EDITORIAL
ST. GEORGE'S DAY OBSERVED
PHOTOGRAPH TAKEN on Sunday morning when Mr. J. K. Bous- Acid (President) and the Hên, Sir Henry Pollock laid a wreath st the Cenotaph on behalf of St. George's Society. Following behind ate Mr. H. V. Wilkinson. D‚5.0., and Lt-Col, H., B. L. Dowbigrin.
O.B.E.
گول
TERRORISTS THREATEN S'HAI FOREIGN-OWNED VERNACULAR JOURNALSTM
Six foreign-owned Chinese language newspapers in Shang- hal last week received letters purporting to be from the "Chi- nëse Youths National Salvation Association" and in which the publishers were warned that if they persisted in their polley of giving prominence to "their absurd opinions and representing true for false and false for true,” bombs and bullets would be used by members of the "organization who are willing to die with the staffs of the newspapers" in order that their fellow countrymen may be rescued" from" "deep waters and flaming fires."
GAS COMPANY DEFRAUDED
$
OF $33,000
Chinese Shroff Appears In Court
MISSING BRITISH
CLERK
Chinese shroff named Dai Ocng Liang. of the Shanghal Gas Company,
the publications thus threatened, four are British: "Ta Ying Ya Pao "Standard," "Leader" and "Yh Pao." whilst the other two, the Ta Mei Wan Pao" and the Hwa
Mel" are American owned and controlled.
The letters were not individual- ly written but had been printed on a duplicating machine and bore the seal of the association as well as three small red marks at the bottom of the sheet.
Appropriate precautions have been taken by the Municipal au- thorities and constables have been posted at the various offices.
་་
TEXT OF LETTER
A translation of the threatening letters is as follows:
Dear Sirs: Since the outbreak of hostilities, the newspaper world has not been able to get rid of the yoke of false thoughts, so that misunderstanding is getting deep- er. and deeper. In fact, the Kuomintang. . 15. using **Th Three Peoples' Principles as a pretext for retaining its power and exploiting the people, without any
regard for their sufferings.
They to
Japanese authorities in Shanghai link. up recent terrorist acts with the spiri- tual movement. But this does not mean that the foreign-
Was brought before owned papers need heed this
the First Special District - Court demand since" they are
on Apr. 19 and charged with amendable to their consular fraud in which he was alleged authorities and not to the
to have falsified account docu- Shanghai Municipal Council menta in connivance with which can exercise no juris-British clerk of the firm, who 15 diction over them.
at large, in order to use part of IN THE PAST, the Shang-the company's, income to their
own advantage. hai Municipal Council has
The accused denied the charge shown a much weaker stand
and the hearing was postponed 296 than the French Concession for a week. The total sum in-
authorities in dealing with volved in the case is $33,375.86. the Japanese and, whenever. He steadfastly dented that he surrender national interests Japanese demands have been had anything to do with fraud both Europe and America as a they invariably explaining that some one else had means of squeezing the life's blood presented, have been accepted without secretly used his receipt stamps from the people, and they do not demur, an ignominous policy for the purpose of defrauding."
carry out the pledges made at the Mr. Paul Ru,.. which has resulted in con-
Municipal Ad-.
Beginning of the revolution. alleged. however, siderable criticism being vocate,
Therefore this has given Com- the accused had either falled t
munism, Socialism and other levelled at the Council.
enter items in the company's sms a chance to arise. The ob- THE WEAK÷KNEED' policy collection book for shroffs or he of the International Settle-had entered only part of the Ject of the Soviet Union in agitat- ment authorities of bowing money received from customers, the youth of China is to Bol- low and "kow-towing before The British clerk, who is being shevize and disturb the peace of the invaders has proved futile sought by the police was alleged for it has resulted in a con- to have been involved in the case Central, Hong Kong, on Friday,tinuous flow of demands be-as he had been in charge of the the 28th day" of April 1939, at ing made by the Japanese 2.30 p.m. for the purpose of re militarists, some being SO ceiving the Report of the Board humiliating of Directors and a Statement of respecting Accounts for the year ended 31st December, 1938, and of electing Directors and Auditors.
+
LIMITED. (Incorporated in Hong Kong)
NOTICE is hereby given that the Fifteenth Annual Ordinary General Meeting of. Shareholders of China Underwriters, Limited, will be held at the Offices of the Company; 48 Des Voeux Road
The Transfer Books and gister of Members of the Com pany will be closed from the 21st April, 1939, to the 28th April, 1939, both days läclusive,
no
that
By co-operating with the foreign:
bezzlement.
EUR-
revealed
East Asia.
Two foreign officials ot the company, including Mr. G. Sadler toxicate appeared in court to testify
+
1
TUESDAY, APRIL 25, 1939.
COCKTAIL PARTY CHINESE BANKS SERVE
AT KOWLOON
DOCKS
Presentations" To Mr. & Mrs. W. J. Rattey
40 YEARS' SERVICE
An informal cocktail party was held yesterday evening in the Hongkong and Whampoa Dock Co.'s Recreation Club to honour the retirement of Mr. W. J. Rattey, Chlef Clerk, who has been with the Kowloon Docks for 40 years.
Approximately seventy-five mem- bers and their friends toasted and extended good wishes to Mr. and Mrs. Rattey who will leave the Colony on Thursday evening for London.
Mr. E. Cock, Chlet Manager of the Hongkong and Whampoa Dock Co. broke the festive atmosphere, and in a short, informal and per- sonal speech, on behalf of the Company, extended his personal gratitude to Mr. Rattey for his sincere help and wise counsel. In
the past years.
•
+
GOLD WATCH Mr. Cock presented a handsome gold watch with the Inscription *1890 to 1939" to the popular Chief Clerk. To Mrs. Rattey a cheque and a sliver engraved plaque were given, the suggestion being that a "grand-father" clock be purchased
when they arrive Home.
Mr. R. Lapsley and Mr. G. Hen- derson also spoke a few sincere words as to their feelings and those of the other employees re- garding the departure of Mr. and. Mrs. Rattey.
Mrs. E. Cock offered the best
wishes of the women employees.
DEEPLY MOVED
NATIONAL CAUSE Nucleus Of Country's Financial System
BY T. PAUL GREGORY
The importance of banks in a nation's economic system cannot be exaggerated. They are stabilising factors in strengthening credit and enhancing nation-- al prestige. It is, however, in case of war that they assume their most vital role, as then they cease to be merely financial houses lending money for profit, but become integral factors in the general scheme of their country's military operations. This is abundantly shown by the lessons of history.
the
or stamped various words or phrases. and various other details sach
chops in red OT blue ink proving for easy identification. This margin was then cut through with a sharp knife, making it~ the same width as the left.
Of course, the edge of the right
In the life of every nation there are eloquent testimont- als to the splendid assistance rendered by banks. For in- stance, it was the banking houses established by Fuggers of Augsburg, which enabled the Emperors Charles V and Maximilian to carry out their vast plans of conquest hand margin of the bill and the and consolidation, making the edge of the sheet from which it was cut would exactly match, as Holy Roman Empire the most the characters written in the sec- formidable Power in 16th tion were cut into two parts, one century Europe.
portion of this was on the bill; and Other examples of the services the other on the sheet of paper of banks in national causes may from which it was cut. be recalled. Great banks like those The paper slips remaining after organized
the Rothschilds, the bills had been cut from them. Morgans, Mellons, and other com- were bound into neat little books. mercial magnates are world resembling a pad of cheque-book famous. In East Asla the activities blocks or stubs, and upon" each was of the financial houses controlled added various details as well as by the Mitsuis, Mitsubishis, and any private marks of the bill cor- Sumitomos of Japan In providing responding to it, thus facilitating the sinews for Nipponese aggres- ready reference. son on the Asiatic continent are
by
too obvious to need comment.
BANKS IN CHINA
On the hill being presented for payment, there was the least. doubt of its being genuine. reier- ence was made to the correspond- -
Mr. and Mrs. Rattey were deep-In China, a land where the forces ing slip, and the banker or his of mediaevalism have been retain-clerks would know Immediately if ed longer than elsewhere, banks, the bull was counterfelt. So pre- nevertheless, are of vast import else and exact were the minutiae ance. Besides the so-called "big which had been preserved on the four," namely, the Central Bank, stubs kept on file by the bank that the Bank of China, the Bank of it was practically impossible to Communications, and the Farmers utter a forgery. Bank, there are large numbers of ngan-ho, or "private banks," which THE ONLY DANGER form the base of the country's financial structure.
ly moved by the gracious gesture of the organization and, its mem- bers. When they expressed their thanks and appreciation to the management for past favours and for the lovely gifts which they would always cherish, tears were not far from their eyes.
It was
with deep regret and wishes for the continued pros- perity to the Hongkong and Whampoa Dock Co., that Mr. and Mrs. W. J. Rattey bade goodbye...
AIRPORT NEWS Imperial Airways,
„NORTHBOUNU Tuesday: Bangkok, Hañol, Hong-
i kong
Delphinus 4 p.m.
SOUTHBOUND
Tuesday: "Hanoj, Bangkok. Dorado-6 a.m.
"Air France;
NORTEROUND Wednesday: France, Hongkong.
Service-1 p.m..
SOUTHBOUND Saturday: Banol, France. Service 7 am..
While the "big four" have been charged with the res ponsibility of keeping the curi rency reserves intact, and maintaining the country's credit abroad, it is the local and private banks which have been Instrumenta; in conserv- ing China's financial strength "throughout the vast hinterland among the nation's peasant millions.
+1
ال
The private banks of China are actually the nucleus of the coun- Hanoi, try's financial aystem. No decrees
Fan American Airways:
EASTBOUND Fiday: USA, Ma¬lla, Hongkong. China Clipper-2 pm. WESTBOUND Saturday: Manila, USA China Clipper-8:30 am. Note: Due to a delay on the main Empire route, the mall due yesterday from England is reported
terday's plane "Delia" arrived 5.20
Australia and Malaya.
had been promulgated to restrict their activities until quite recent years, and they still remain, as they have always been, largely un- hampered by government control.
WISE POLICY -
to be"arriving this afternoon. Yes-80.
CARS FOUND
As mentioned above, the only" danger connected with these banks was their possible fallure, but this was of rare occurrence, owing to careful management and the un- canny knowledge they had of one another's financial position. Even at the present day, native banks are stil considered to be quite safe, and owing to the fact that the rate of interest is much higher than that paid by foreign banks. they enjoy the patronage of the conservative masses of the people.
During the last two years, native banks have become Important than Refugees in flight from the provinces under Japanese denomination have entrusted their capital funds to their safekeeping, to be transmitted to them when they have suc- ceeded in settling down in some distant part of the country.
Torc
ever.
In view of these circumstances, we Patriots all rise in resistance to rescue our fellow countrymen ledger..
from the deep waters and flaming clerk, the accused was alleged to fires, and to complete the task of that
no self-defrauded the company of making our country an illustrious. glorious. and brand new nation. administration
sams amounting to $33,375,83 be- would for a single moment tween last June and February of that it may for ever take an in- dependent place in the world. consider their acceptance. this year. The foreign clerk failed | The Japanese, whose policy of to show up at the office in However, the newspaper world (P.m., with 80 kilos of mail from plicable to financial organizations confidence, and undermining the
does not understand the real а "new order in East Asia" February and this aroused
situation and presents the false as Reincludes the exclusion of all plelons. Investigations
foreign interests and whose that there was a large-scale ent- true and the true as false. If those responsible persist in continuing their absurd opinions and rank stupidity knows bounds, well realize the weak-
our fellow countrymen nesses of the Shanghai
they are prosecuting our people Municipal Council and they against the accused giving similar and adding fuel to the fire. should By Order of the Board of further know that, whenever evidence.
they not return to a correct reali- zation of the position, and give Directors,
they present a demand, it will be accepted without question. wish so far as the display of pioneers of salvation, will most honest views and opinions, we, the HERBERT R. STURT,
So they have kept on putting their national flag is concern- certainly use force as a means of Managing Director. forward demands.
ed.. Why should they be com-suppression, using bombs and bul- *Hong Kong," 17th April, 1939.
THE TIME has come when pélled to conceal their flags] lets, and we are willing to die 311 the Shanghai Municipal | simply in order to please the with the staff of your paper. Council should stand up in invaders? They pay for pro- Therefore, you should not blame defence of its rights and when tection in the International us for giving you warning before it should give an emphatic Settlement and they have hand "No" as the answer to the every right to, insist" and de- We now send this letter in latest Japanese demand. The mand that such protection be anticipation of your awakening." latter must realize that the accorded them.
People Who Matter"
PEOPLE WHO
MATTER to
the advertiser are
the people who can afford to
his good cost"..
of these people
buy and read the
Hongkong Daily Press.
*
terday.
This policy of non-interference on the part of the central authori tles has been a wise one, and the
Those private banks which are confidence placed in the banks has located in districts contingent to seldom been abused. In fact, it the occupied areas of the country has always been easy to open a have also been unanimous' in 'their bank in China: any one who pos- refusal to accept any Japanese senses the necessary funds can do sponsored bank notes, thas effec- The requirements specified in tively preventing their filtering Chinese Company Law and ap-into circulation, destroying public
have to be observed. And though
issues of the national government.. nowadays banks are prohibited
Not only, this, they have likewise from Issuing private bills, they still become Instrumentai in encourag→ retain most of their privileges. ing the people of their respective- A motor-car, No. 3810, belonging
In the days of the Empire, before localities to attain economic self- to Mr. J. E. Jupp, of No. 4, Thorpe the Government took upon itselt suficiency by extending loans to Manor, reported to the police on the responsibility of providing a assist in the development of those sunday as having been stolen from paper currency for the country enterprises which have a direct the Chater Road car park between private banks supplied the need. bearing on the livelihood of the 3 p.m., and 11 p.m., was found at They issued bills in various denomi- masses. Money which in previous the bottom of MacDonell Road yes-nations representing copper cash, years was simply hoarded or rept silver dollars, or ingots of bullion, on deposit for the interest, is now Another car, No. 5002, property ranging in value from a few hun-put to a practical use, and is being CPR, also reported stolen, was whose monetary worth was thou national rehabilitation, of Mr. E. T. McMullen, of the dred-cash (10 cents or less) to those made to serve the purpose of found at the bottom of Kennedy sands of dollars. These bills were Chinese banking enterprise has Road..
preferred by people to specle, the been directed into new channels
or only risk being that a bank might activity. These will become more AIR RAID SHELTERS suddenly fall.
important and vital as the years go by; for with her financial The Minister for Civil Defence, EFFECTIVE CONTROL"
structure strengthened by the Sir John Anderson, made 'known'
Counterfelters were not at all practical developments sponsored yesterday his decision that no fur dreaded. ng the old-fashioned ther shelter trenches against airngan-ho had provided against this/By her thousands of local banks. Chipa can more rapidly rehabilitate raids shall be due in the parks of contingency much more effectively herself when peace comes again. its very name implies, does suppress the national spiri- HUNDREDTH
London beyond those already con- than the modern banks controlled not belong to them and that tual mobilization movement
structed, or in process of construc-by the Central "Government. For they cannot go about bullying is concerned, nothing can ANNIVERSARY tion. (TO.)."
While ececting repairs to the instance, although the bills were and brow-beating all and suppress this. The Japanese sundry as they have been have tried hard to kill the
lacking in beauty, being printed sewage system outside the Hou The Grand Duchess Charlotte MOTOR BOAT FIRE from plates made of a solid block men, north of the Pethal Park, doing for the last eighteen patriotic spirit of the Chinese of Luxemburg spoke before a
Or hardwood, and workers dug out a pair or from months. Other nationals have people, but they have falled special meeting of the Chamber A motor boat proceeding from of brass their rights and they must be and their attempts to pre- on the occasion of the 100th Queen's Pier to the .s: Sul Ta apparently offered no obstacles to lion lions near the house temple statesman of the Ming Dynasty. anniversary of Luxemburg's in respected by the Japanese as vent the national spiritual dependence as laid down in the the flames were put out without impossibility to counterfeit them.
caught fire yesterday morning, but imitators, yet it was practically an of the Duke of Hunf, a well-known according to Chinese reports: As such works of art are rare, Gen. AS RATEPAYERS, and the spreading will likewise meet Grand Duchess added that passengers, who were Mr. W. E London treaty 100 years ago much difficulty by the crew and
Yu Chin-ho, the Mayor of Pelping, biggest ones at that, the with failure. The movement Luxemburg would be happy to con- Kirby, secretary of the China Coast
has secured the consent of the Chinese residents of the started by Generalissimo tinus living in best relationship Officers Guild, and Mr. H. de Lam,
descendants of the Dake to International Settlement are Chiang Kai-shek has come to with
transfer the Iron is to the the great neighbours secretary of the Hongkong, Canton perfectly free to do as they stay,
(Transocean).
and Macao Steamboat Company.
Historical Museum.
International Settlement, as SO FAR as the attempt to
well as by others.
mobilization movement from
...
This was because the biljs. were printed on sheets of paper In such a way that the right hand margin was an inch or so wider than the left hand one. On this margin were written