1
PAGE 6-HONGKONG DAILY PRESS
Connaught
EDITORIAL
GERMANY'S INTERNAL
NEW ADVERTISEMENTS The Daily Press Road Robbery FINANCIAL WEAKNESS
R.
G.
PUBLIC AUCTION.
PARTICULARS AND CON- DITIONS of the Sale by Public Auction to be held on Monday, the 27th day of Nov., 1939, at 3 p.m., at the Offices of the Public Works Department, by Order of His Excellency the Governor al опе Lot of Crown Land at Yaumati, in the Colony of Hong Kong for A term of 75 years, with the option of renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the KING, for one fur
ther term of 75 years.
Intending bidders are advised that immediately after the dis- posal of the lot the Purchaser (if not the applicant), will be required to deposit with an authorised officer who will be present at the sale, the sum of two hundred dollars, ($200) in cash. This sam will be refunded on payment of the Purchase
price.
Kowloon Inlanet ·
Between
Kowloon Inland Lots Nos. 1985 & 1440,
Natian Roart.
No. of Sale, i
Registry No.
Locality.
Boundary
Measure-
ments
Contents in
Square feet.
Annual
Rental
Upset Price
報西剌子:
Editorial and Business Office: 15-19, Queen's Road Central. Tel. 30251.
Night Editor (Wanchal Omce),
Tel. 24511.
London Office: 53. Fleet Street
E.C.1
HONOKONO, NOVкHBVE 22, 1939
"PAKHOI PROSPECTS
SINCE THEIR LANDING at
At Sessions
“CAT" AND GAOL FOR THREE MEN
Twelve strokes of the "cat" in addition to a term of three-and-a- half years' hard labour was the sentence passed by Mr. Justice R. E. Lindsell at the Criminal Ses- sions yesterday on three men who were found guilty of robbery, while four years' hard labour was imposed ..on another who was charged with being an accessory before the fact.
|
Nazi Economic Structure
Facing Grave Difficulties
(BY R. W. B. CLARKE)
* EVEN BEFORE WAR BROKE OUT, THERE WERE OMINOUS SIGNS OF STRAIN IN THE GERMAN FINAN-“ CIAL SYSTEM. The Nazi leaders have always been chary of publishing statistics about the nation's financial affairs, but even the figures which they were willing to release showed the reality of the strain.
The note circulation had in-perty in the conquered regions creased by one-third from has been confiscated; A fifth man. Chan Po, was dis-
And recent reports suggest that charged owing to lack of evidence. autumn 1938 to summer 1939.
-an increase which was cer-st tainly in part inflationary. LACK OF GOLD;
The first three accused were Wong Het and Wong Lau Plag. Kel. The latter two pleaded
guilty. Tsang Yeung pleaded not! guilty to being an accessory before
the fact.
The robbery occurred on Octo- ber 5 about 1 am. at No. 49 Con- naught Road West, premises occu- pied by Tsang Hing-lot and used
and the
the premises on the pretext that workers were grumbling.
The Government loans had
money to
they wanted to remit China. Tsang Hing-loi was made
being threatened with two revol- vers. The inmates were taken to the rear of the premises and gagged.
to produce the key to the safe by
#
in
been
OS
more.
greater progress is being made on these lines. It Is reported, for example, that the assets of certain savings institu- tions have been commandeered,
The Nazis will gradually move towards increasingly. far-reaching measures of 'con- iscation. Measures of this kind, however, will hardly fa- crease confidence in the re- gime.
INFLATION:
unsuccessfVE that the The last way out of the finan Government had been forced to cal ficulties is inflation.
The announce that it did not propose Budget can be balanced simply by to issue any commodities were rigorously peg-seen in the course of the last Prices of printing banknotes. As we have
ged, but the quality was falling year this method has been adop- fast, and what was in "effect a ted to a limited extent. If the concealed inflation was in pro- Reichs-bank suddenly stops pub gress.
lishing its weekly return then we shall know that the Nazi autho- riutes have decided that that is the only way out of their difficul- ties.
"
Pakhoi on the morning of September 15, the Japanese forces have advanced ap-
Even after the successful "raids" on the Austrian proximately 80 miles inland,
and Czecho- reaching the Kwangtung- i
Slovakian National Banks, there Kwangsi Border at a point
was an acute lack of old and some 20 miles from the city
foreign assets. The rates of taxa- of Nanning Here, along the
tion had been increased to such financial agency. The Avaan extent that business men were mountain barrier separating as a the two provinces they can men were stated to have entered openly, complaining expect to meet the first real resistance since they left their transports. It is reliably re- PARTICULARS OF THE LOT ported that the forces assem- bled to meet them along this natural defence line include not only crack Kwangsi units, but also a section of China's "new army," well equipped
PROPERTY STOLEN
and carefully trained and The articles stolen were $3.450 bearing the fresh laurels of Hongkong currency, $2,250 Chinese North Hunan. Whether a currency. $45 US currency. £10 frontal clash eventuates with- and some goid bangles, rings and in the next few days, or the a watch and chain. Japanese are allowed to pene- trate deeply to expose them- selves to a flanking attack on the model of Changsha and Talerhchuang, the fighting is bound to be severe and tenacious.
WE HAVE ALREADY DIS-. CUSSED in these columns the politico-military plans of Gen. Itagaki which motivated both the abortive campaign in North Hunan and the present equally adventurous attack. In this case, as in the other, the movements of the army are intimately connected with the need for carving a baili- wick for that unbelievably foul traitor Wang Ching-wel, the burden of whose song has always been that the collapse for
RIGE ON 11
As per
sale plan.
INOX
140
34,108
836
CHINA LIGHT AND POWER COMPANY, LIMITED.
NOTICE..
THE TWENTY FIRST OR. DINARY YEARLY MEETING OF SHAREHOLDERS will be held at the Head Office of the Company, St. George's Building, Chater Road, Victoria, Hong Kong, on FRIDAY, Z2nd Decem® her, 1939, at 12 o'clock (Noon), for the purpose of receiving a Statement of Accounts and the Report of the Directors for the financial year ended 30th Septem.
"
Đ
which he worked in Chungking requires only more victories, more bombings, and more murder of his com- patriots to bring it about. Besides this, the Japanese ex-
Tsang Yeung was said to be the
nephew of the victim. In answer
that be
to the charge in the police court. he said he did conspire, but in court yesterday he said did not do such a thing and den ed acquaintance with the other defendants.
Even more significant were the changes which had been taking place in Nazi per. sonnel. The redoubtable Dr. Schacht vanished from
the Governmental scene, and it was credibly rumoured that he was entirely out of sympathy the Nazis' financial
with policy, STRANGE INCIDENT:
The dangers of this method are evident, for no controls of ptices, however "stringent can resist inflationary pressure. Concealed inflationary methods can be adopted such as-the fur- ther reduction of the quality of consumer's good at the zame prices, or the tacit toleration of After a short retirement, the There was the strange incident premiums over the official pries. jury returned a verdict of gulity of the Cologne speech of Dr Moreover, the Government may against Tsang Yeung and Lau Brinkmann. Schacht's successor. inflat by hidden devices, such as Sentence was then pro-in which he declared to a private the plan last March by which audience that "the Treasury is the Government was allowed to empty"..... incident which
pay for two-fths of its contracts
Ping.
nounced.
Mr. T. J. Gould. Assistant Crown Solicitor, prosecuted, assisted by Det.-Insp. A. L. Hopkins.
STRICTNESS OF BRITISH LAW
Chinese Officer Imprisoned On Arms Charge
ber, 1939, and electing Directors pect much from the severing day, the Chief Justice, Str Atholl
and Auditors. ·
THE TRANSFERS BOOKS AND REGISTER OF SHARE HOLDERS will be closed from Friday, 1st December, 1939, to Friday, 22nd December, 1939, both days inclusive.
By Order of the Board of Directors,
JOHN V. BRAGA,
Acting Secretary. Hong Kong, 15th Nov., 1939.
827
of
сп
an
culminated in the "nervous break in tax certificates instead of cash
The
n
POTENTIAL DANGER:
WEDNESDAY, NOVEMBER 22, 1939
War Games in Hongkong. This picture shows the Mobile Machine Gun Column, Hongkong Volunteer Defence Corps. moving off to Camp. Two of the new tanks which recently arrived in the Colony are seen above. (King's Studio).
HOARE'S UNHAPPY CHILE
"Meanwhile Sir Samuel Hoare, who spent months planning the Ministry of Information) has sat in complete silence."
The Information Ministry, Whose sabotage and, sinistry
Have put our newa to shame, The penalty is suffering- For lack of any bufferin g....... Of being there to blame.
'
All The Fun Of The Fair On Saturday
St. John's Cathedral will be holding their Annual Fair on the Volunteer Parade Ground. on Saturday, Nov. 25. · Gates open at 2.45 pm. and the stalls will be formally opened by Lady Northcote at 3.15 p.m. The Cathedral Women's Felow- ship have arranged a number of stalis offering a large and attrac-
But word has gone around that tive assortment of goods, beauti
there
ful home made fancy and knitted
Is one who planned the whole articles: provisions and sweets;.
affair
which now has gone to pot: His name is Hoare-you know
him, eh,
As Two-Gun Hoare?-and does
he say
He's sorry? He does not. No: he, who did the jiggering And pokering, is niggering
Within his wooden pile; Unmoved, serene, Sir Samuel Seems not to care a damnuel
For his unhappy chile.
(N. C. D.
77 DEATHS FROM TUBERCULOSIS LAST WEEK
Seventy-seven
deaths.
baskets and plants; toys and-dolls: bran tubs; chocolates and cigaret- tes; and a Chinese stall, etc.
· VARIED SIDE-SHOWS The "Fun of the Fair' will in- clude many varied and attractive side-shows at which young and to win old may try their skill
43 Aunt prizes in events such Sales, Skittles, Coconut Shies, Hoop-la. Darts. Captive Football, Ring the Ben, Clock Golf; &c.
Teas Including home msde cakes will be served on the lawn N. by young lady helpers, and Ices and other cooling drinks will also be obtainable.
FUN FOR KIDDIES Children will be specially cater- ed for and a sliding chute will be reserved for them entirely. · A. from novel form of entertainment wit
down" of Dr. Brinkmann, and his removal to a "nursing home."
Even before the war. indeed, there was ample evidence of But these concealed methods of strain and difficulty. mendous increase in Government noticed sooner or later. The con-- activity and the tremendous Trea-sumer is aready seriously per cases, occurred in the Colony for fleas. The Band of the 2nd Bat- sury defielt were causing the more turbed by the reduction in quality, the week ending midnight on Nov. talion The Royal Scots will en intelligent of the Naz! leaders and the pressure upon the "maxi
18, according to returns furnished iven the proceedings with a well
chosen programme of music. concern. It was an open secret mum prices" is shown
by the Health Department. by the
A very jolly afternoon is pro- that the leadership was hopeless constant, flow of cases in which There were, in addition, 11 y divided, and that energetic re-shopneepers are heavily fined for deaths from dysentery, out of a mised and as the proceeds are in forms were needed.
asing prices.
total of 37 cases, two deaths from ald of Cathedral Funds, it is hoped The plan for payment in tax diphtheria. out of a
total of 11 that al? interested will "Come to
the Fair." certificates has ready broken cases, two deaths from enteric down, for industrialists have no fever, out of a total of 12 cases.. confidence in the tax certificates, and one death from cerebro so that their market value has spinal fever out of a total of 5 falen to
cases. There were no deaths from 94 per cent of their face value.
cholera. 4 All this means that the posi- tlon is potentially highly in- flationary and is full of danger for the Nazi authorities, In other countries, some increase in prices will be tolerated by the public, for there is general confidene in the
tre-inflation are bound to be publicly tuberculosis, out of a total of 125 be an exhibition of performing
"The outbreak of war made a bad matter worse. Already, after a few weeks of war, new troubles are accumulating, and the signs of inflation become" more and more plain.
At the Criminal Sessions yester-
MacGregor, passed sentence of one month's Imprisonment officer of the Chinese Self-Defence BUDGET DEFICIT! Corps of Shataukok, Suet Lol, 30. who appeared on a charge of an- lawful possession of two revolvers an automatic pistol and 18 rounds of ammunition.
evident. The Budget defleft is increasing fast. There are only
The nature of the problem is
the Dongdang-Chennan highway, which, although it has long ceased to carry any significant volume of military supplies, has been commer- cially and industrially of con- siderable importance to China, serving as a route of entry for
four ways in which it can bel petrol and machinery and as the most convenient outlet for saying that
Buet Lal pleaded not guilty. Covered. The first is by increas» |
This he had the right tong taxation
has already such profitable exports as carry arms in Chinese territory, been done. The income tax has: tungsten and antimony. They and that if he had known of the been increased by 50 per cent.- also hope that, once Kwangsi laws of Hongkong he would not with a maximum of 65 per cent. has been subjugated, Kwel- have brought them into British ehow and Yunnan will have territory. little stomach for the fray Mr. J. B. Prentis. Assistant and provincial rivalries will Crown Solicitor, who prosecuted, flare anew.
said that Suet was arrested on October 21 while riding a bicycle along the main road at Shatankok
7.
it
currency.
But in Germany, the man-in- the-street fears inflation more than anything else....
and the tax on wages has been
The German public remembers substantially increased.
the appalling catastrophe of 1923, Secretary of State Reinhardt when the mark was quoted at has estimated that these increases thousands of milliards to the will raise revenue by one-third. dollar. Such estimate appears to be
What King & Queen Will Do In Air Raid advantage. The tiger own commander of a unit of the Sha-t
Many people
Elt curious to
The
Fourteen
KNOWN A WEEK-
MARRIED
Miss Ethel Formby, George sister, became Mrs.
at
#
cases of tuberculosis Formby's were notified to the authorities Gibson-just a week after she had on Nov. 20, in addition to seven met her husband-to-be, cases of dysentery, two cases of She saw Flot Officer John Albert small-pox, two cases of enteric Gibson for the first time fever and one case DI cerebru- Blackpool night Club. It was love spinal fever.
at first sight and they planned a The two cases of small-pox were quick marriage. one from Victoria" and one from. Kowloon
ALLEGED THEFT
OF SOAP
"My husband is a New Zealan- der," said Mrs. Gibson after the wedding, "and we hope to go there after the war.”
WEDNESDAY'S MENU
Two hundred street lamps "at Charged with burglary at No. Indicators. The glass will be blacked Bolton are to be used as direction
Nam Chung Street, ground floor, RETURNING TO THE MIL-
between 1 am, and 330 am on except for the words "Air Raid ITARY PROSPECTS of the
Optimistic, and in any case even THE NAZIS' FEAR: this increase of revenue would
Shelter" and an arrow. Evidence of arrest was given by
Nov. 20, three men and a boy new invasion, it is hard to
not be enough. There is a limit to In the first week of war, there appeared before Mr. Q. A. A. Mac- see how the Japanese can that he knew accused as formerly Det.-8gt. Chung Wai, who added
which taxation can be raised, and were signs in Germany of fight Ladyen a the Kowloon Court the Nazis appear to have reached from the mark and wild pur-yesterday. They were charged advantage. The highways be-taukok Self-Defence Corps.
chases of pictures, fumiture and with the theft of eight cakes of tween the border and Nanning
second method La the durable commodities of all kinds, soap. All defendants were re- Sgt. L. C. Pennell said that Suet method of ban--the British Gov. The Gestapo can stop this know how the King and Queen have been thoroughly des- had
manded three days in custody, throughout acted will take cover during an air-raid troyed. Beyond Nanning de- straightforward manner and had of the first and second methods citizen losses confidence in the cur- Hong-kong. 19, unemployed, NE ina ernment is adopting a mixture up to a point. If the German The men charged were Wong; warning while fulfiting one or molition work is constantly given every assistance to the But here the Naz's are in serious rency, and if open signs of in- Shing allas Sam Ning, 19, u- their numerous public engage- going on. The Kwangsi armies police. ments. From inquiries made it was are highly trained and capably
difficulty for the German public flation appear then no regimenta, employed, Leung Muk alias Sai Ha, stated that their Majesties will commanded, and both they
shows no willingness to invest ita tion can prevent panic.
18, unemployed, and a 13-year-old This is the Nazis ; fear. meagre savings in Government share the same protection
Juvenile. The jury, without retiring, re- as and the people of the pro- members of the pupac.
They are in a dilemma.. Either vince, who have had consider-turned a verdict of guilty, and ac-
they must increase taxation which is already oppressively. high, Or they must confis- cate property all over the Reich, Or they must proceed to openly inflationary mes-
Should they be visiting an in-able instruction in guerilla
NO RETIREMENT
cused was sentenced to a month's
stitution having its own shelterwarfare, will be fighting for a imprisonment.
own labours.
In passing sentence. His Lord-
they will take refuge on the pre-homeland that they have seen ship advised Suet to bear in mind mises; but if caught in the open improve as a result of their the strictness of British law in re- they will go to the nearest public shelter, unless the Palace is within. easy reach. This is why they always carry their gas markS.
gard to possession of arms should WHILE CHINA is not yet he cross, the border next time. prepared to launch a general In view of the fact that accused If the warning is given when counter-offensive against the had already been in prison for the King and Queen are at home enemy, there is reason to be-four weeks, His Lordship said he they will know exactly what to do. | lleve that her defensive thought justice would be served if having taken part in several A.R.P. strength has developed to accused were sentenced to one rehearsals, not only at Backing such an extent as to enable month, sentence ham Palace, but also at Windsor her to throw back any new day last, the opening day of
Japanese attack and main- the current sessions.
Castle.
to
date from
At the Palace some of the un-tain the military stalemate. derground cellars and passages
until such time her offensive have been specially reinforced to render them blastproof and gas-power enables her to drive the corroboration at Changsha, proof, and they have been car Invader into the sea, This and it is reasonable to expect peted and furnished so as to view, held by China's
2
own that the present operation will make them as comfortable as pos-leaders and by many natural | furnish ́further proof of its sible.
military observers, received 'correctness.
bonds."
44
At the beginning of the war, Indeed, the German leaders asserted that they would not approach the public for loans at all--but the latest reports suggest that this initial plan has now been changed. The loans will in any case. yield.. little, for the German investor has little confidence in Gov- ernment securities.
THIRD ALTERNATIVE:
Stree.
TRAFFIC CASES.
of
A fine of $10 was imposed on C. A. Yole, of No. 126, Kennedy Road, when he appeared before) Mr. R. A. D. Forrest at the Central Magistracy on а summons for These alternatives are equally speeding in Queen's Road East on objectionable and are politically November 1. equally dangerous. Confronted by
G. H. Gompertz,
Messrs, them, the authorities will as Jardine, Matheson's, was fined $3 suredly wriggle ingeniously. Their for parking in excess of the time power to contab the system is limit in the Fedder Street car very great, and from 1933 onwards park on November 2. So the Nazis will be forced to- they have displayed great t... wards the third alternative the genuity in their handling of commandeering of private pro- difficult financial positions. But perty. Already progress has been each time one financial hurdle made in this direction. The pro-has been successfully everCIMO, perty of Jews and opponents of the next is correspondingly more the Government has been con- difficult fiscated: certain foreigners pro To say that the German perty has been confiscated; "mil- economic structure is on the lions of marks' worth of pro-
*verge of collapse would be
premature. But the Nazis are assuredly facing the cravest dilmenities, and whatever they - do will open the door to fur- ther difficulties for the German financial structure and the Nazi regime,
BREAKFAST:
Sliced Pineapple
Cercal French Toast
Jam
Coffee
LUNCHEON
Noodle Soup Stuffed Tomato Salad Grilled Lamb Chops Green Peas Mushrooma Mashed Potato
Jello
Tea..
DINNER
Barley Soup Beet Salad
Irish Stew 'Com Bread.
Asparagus Chocolate Custardi
Cake Coffee.
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