"HONGKONG DAILY PRESS
PROTECTION OF THE STERLING EXCHANGE IS AN IMPORTANT
CONSIDERATION AS AID TO VICTORY
Mr. T. E. Pearce Reviews
Trade In Colony
Chamber Of Commerce Hold
Annual Meeting
SINCE SEPTEMBER, THE WAR IN EUROPE BAS DOMINATED THE THOUGHTS OF MANKIND. Though Hongkong is far from the centre of events, "adjustment to war conditions has been the principal concern of the Government and the chief pre-occupation of the Chamber of Commerce," said Mr.. T. E. Pearce, in the course of his address, from the chair at the annual meeting of the Hong- kong General Chamber of Commerce held yesterday.
MR. J. K. BOUSFIELD CHAIRMAN
At a meeting of the General Committee held after the an- mak meeling. MR. J. E. BOUSFIELD was elected Chairman of Hongkong Gen- eral Chamber of Commerce for the ensuing year, and HON. ME STANLEY H. DOD-, WELL... Vice-Chalıman.
GENERAL
AID FOR CHINA'S WOUNDED
BISHOP "TSU ON RED CROSS WORK:
The magnificent work which is being carried out by the various Chinese Red Cross United in Free China formed the subject of an interesting lecture given by the Rt. Rev. Y. Y. Tsu at the Chinese Merchants' Club yesterday,
Arranged under the auspices of the Hongkong" International Me- dical Relief Society the lecture
HALF THE DAY'S was attended by a large gather-
BATTLE
ing.
Hon. Sir Henry Pollock presided and, in introducing the speaker, said that Bishop Tse had been in
REGARDING STAYING closely connected with the Chi-
POWER
"
nese Red Cross units recently when he was
consecrated Assistant
What a lot ct people do not Bishop. possess sumcient staying power to keep them going all day long; many many feel tired long before the working hours come to an Mr. Pearce added that "pro- Other Colonies were therefore end. How their efficiency suffers tection of sterling exchange compelled to legislate against our and what a dreary roung life be
cotnes? is an important consideration exports to some extent. but the
This lack of energy is one of as an aid to victory: "therefore, situation has been relieved by the
decision that goods made here the most common of all com- traders in the sterling bloc of will be admitted if they comply plaints nowadays, and yet some the Empire carry on only un- der severe restrictions neces-with Imperial Preference regula possess sufficient of it to allow undertake "successfully ong as to Empire content, Judg them to sarily imposed by Govern- Ing by the maintenance of ex-marvellous feats of endurance. ports to Malaya — one of our They possess that reserve or The Chairman gave a very com-principal markets this ruling energy upon, which they can call. prehensive review of the year's has largely met the difficulties
Explorers, record-breakers and -trade-m the "Colony, and both he. which at one time Were viewed travellers succeed in their endeav-year-old Shangtung soldier who and Mr. E. C. Belbin, who seconded by manufacturers and exporters ours because they appreciate the
ment authority."
||
the proposal for the adoption; of with grave concern. the report and accounts, paid glow- ;
·Ing-tributes to the fine way in which Mr. M. F. Key, O.B.E. Secre-
RUBBER FOOTWEAR
GREAT FIRE Speaking on his personal ex
with the wounded periences. soldiers and the medical units. Bishop Tsu said that during the great fire in Cheungsha in No. vember 1937. there were no less than 250,000 wounded soldiers and civilians crowded in the city hos- pitals which were not adequately equipped,
He visited one of the hospitals. which had been converted from the Temple of Contacing and managed by missionary doctors and nurses, where he saw a 21-
had come from a two days' journey to have his wounds treated.
The soldier was operated on and lost two fingers. The follow- ing day he saw the same soldier that the again and learning patient had developed lock "jaw and died of starvation.
great fact that proper nourish- men: is the most important factor in the maintenance of perfect Although manufactured prin- health and physical fitness. They tary, and members of the staff, cipally from Empire materials, see to it that their diet contains carried out the work of the Cham- rubber footwear imported into all the essential food elements ber and the keen interest they took the United Kingdom from. Hong required for busding up health of in everything that pertained to the kong has been placed on a quota body, brain and nerves.
basis for 1940 equal to the quan- " "welfare of the Colony.
We, too, can possess the neces- tity of boot and shoes Imported sary reserve of energy. In count- CHAIRMAN'S SPEECH in the year ended August 31. 1939 less thousands of homes Ovaltinecerned.
The reasons for this were frank- is the favourite beverage for Addressing the gathering the Chairman, Mr.
ly given. They were: the need maintaining perfect physical at- T. E. Pearce, for an economy drive. in said:
home ness; it provides every nutritive In these days, when we are consumption; the post-war pro- element required for building up faced with world-shaking events. Hongkong 1s allowed to secure
created If the entire physical and nervous a systems. Ovaltine is the ideal a review of the Chamber's work larger share of the home market, meat time beverage: it is acknow- -especially that part of it which during war-time when "Home and ledged to be the world's best was accomplished in the days Canadian manufacturers have, nightcap for soothing the nerves supplies; and Inducing sound, refreshing restric-sleep. Why not try it as the breakfast beverage and see how With regard to the exchange greatly you benefit in every way? restrictions reason, it must be remembered most of the expendi refer ture of our manufactures goes to you to the supplement to the sterling countries to Malaya'
blem that would be
war
of peace-must necessarily seem changed over to à little dull and out of date. Therefore, I shall not on this and, thirdly, exchange
tions. occasion address
you at great length. For. full record of the Colony's trading activities dur- ing the past year, I would
for rubber, and to Lancashire for subjects canvas and
is therefore 01. benefit to Empire trade and to British shipping.
annual report immediately follow- ing the summary of dealt with during the year.
As the annual report shows. the General Committee, the standing Sub-Committees and various Special Committees were engaged during the spring and summer in considering ang ad- Vising the Goverment ирол various local problems, Trade-
in
the
Office, and obtained concessions. (applause),
call
SEQUEL TO PIRACY ON JUNK
EICHT MEN
The present hostilities had taken China by surprise as far as care for the wounded was con- After the outbreak . 01 war the inadequacy of medical men, equipment and Hospitals was painfully clear and, realising the need, the civilians had organised Red Cross units to help the army medical corps. Already thousands of students from various schools had formed units and were doing yeomen work in the hospitals and at the various front, women had also come forward and were doing valuable work. in tits sphere.
t
China's
The speaker dwelt upon the im- portant work of the Red Cross Society of China; thê training of personne under the direction of Dr. K. S. Lim; and "the recent. appeal for funds for the "Friends of the Wounded Soldiers" cam- paign which had met with great Juccess.
SPEAKER THANKED
Thanking SENT
TO PRISON
Eight of the twelve alleged
who
the speaker, Henry Pollock said that, as a foreigner," he was impressed on two points. Firstly, the wonder- ful spirit of endurance among the China, and fighting men
of China secondly, the women who were performing a not" in- considerable part in the defence of their country in nursing their
soldiers.
He observed that the most re- Hamarkable thing which had hap
pened in China was the import- ance of the education of women and their willingness to come forward to do their duty to the
However, the trade has fairly satisfactorily adjusted itself to restriction and we are gleatly in- debted for His Excellency the Governor for the energy with which he presented the Hong- was going on as well as could be one point of view to the Colonial pirates who were arraigned at the expected. having regard to
substantial Criminal Sessions before Mr. Jus- deplored continuance of the;
tice EH." Williams in connection Sino-Japanese hostilities. Hong-
KNITTED GOODS. with the robbery of trading junk kong exports under Imperial Pre- In view of the Increasing de- No T3354H in Colony waters, on ference were benefiting to some and from the United Kingdom March 14 last, were found guilty extent on account of higher costs for knitted and made-up textile yesterday "and sentenced each to in Japan, which is our principall goods.. manufactured In Hong-three years' hard, labour. competitor world markets. Kong. I feel it necessary to
Four of the men. Lam Lot, Lally, the number of refugees the special attention of "mer Fng. Wong Sui-kam and from China maintained the popu- chants to
Cheung-ki the United Kingdom Wong
deni Jation of the Colony at an abnor- Customs requirements in respect ed gullt and who were rot mally high level. This gave rise of these goods. Firms who have identified by any of the Crown to public health and other pro- been doing.. business hitherto witnesses, were found Not Guilty blems, but it also helped to sus with Colonial markets are fami- and discharged. tain cur internal trade "and is liar with the 25 per
The prosecution stated that the reflected in the increased receipts pire content clause of Imperial Junk, which was bound from Shau- of public utility companies.. These Preference regulations. The kiwan for Chinese territory, was comments upon pre-war condi- records of manufacturers are followed by two boats for some tions still hold good, in the main examined by recognised accoun- hours when it was fired on
PEARL RIVER CLOSURE tants who calculate the value of robbers boarded the funk and next It is a disappointment that the Empire and non-Empire mate- moming transferred the cargo promise to re-open the Pearl rials and the value of work done consisting of kerosene, rice, ropes, River nas not been fulfilled and within the Colony. If, when wire and other things, to their our friends in Canton are still everything has been taken into own boats experiencing a
"Empire
element Mr. J. Reynolds, Crown Counsel, very bad time. account, the
cent prosecuted, assisted by Det.-Sub. Full resumption of trade by or amounts to at least 25 per mal channels is essential to the of the whole, the goods comply Insp. R. Cunningham recovery of South China.
hing dominated
with
cent Em-
The
Loh
Colonial requirements as! The jury was as follows: Since September, the War inlaid down by the Secretary of Messrs. C. E Terry (foreman), Doo' Europe
the State. Merchants will be, wrong Fook-tang, H. W. Randall, Ching thoughts of mankind. Though if they assume that they can ex-Sik-wing. J. Tam Hung. Hongkong is far from the centre port to the United Kindom on Changor and Chan Ge-klang: of events, adjustment to war the same basis. The Customs conditions has been the principal Authorities there take a
more
country.
POSSESSION OF ARMS
Fisherman Found Not Guilty
Charged with unlawful posses- sion of three revolvers, one knife and seven rounds of ammunition at Taumati Typhoon Shelter, an unemployed fisherman. Ng Kuen, was found Not Guilty at the Cri- minal Sessions yesterday.
WEDNESDAY, MAY 22, 1940. -PAGE 5.
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THE LIDO
Airport News
CLIPPER - ARRIVAL”
DELAYED.
The case was heard by Mr; Jus- tice EH Williams, Mr. J. Rey- nolds, Crown Counsel, prosecuted.
Pan American Airways Honolulu assisted by Det.-Sub-Insp. R. Cun-Clipper, which was due to arrive.
concern of the Governmat and stringent view. They say that Kingdom Customs have ladningham, the chief pre-occupation of the
"the required 25 per cent Empire, down that Empire cotton yarn It was stated that the arms, and Chamber of Commerce. The post-content in knitted goods can only must be accompanied by certi ammunition, were found on board tion of this Colony is, of course, be established to the satisfaction cates from the actual apinners; defendant's boat which was ari- unique amongst the countries ni
of the Customs if Empire yarn also that the cotton from which chored in the shelter, Ownership the British Empire. Protection of 15 certified to have been exclu- the yarn is spun must have been was denied by Ng Kuen, who also sterling exchange is an Im-1 sively used in their manufac-grown within the Empire. This denied the evidence of the prosecu- portant consideration as an aid true."
last requirement has taken the tion that he was arrested as be There is no objection to that, sword of battle out of our hands was stepping into his sampan. to victory: therefore, trader, in the sterling bloc of the Empire stand. I mention the subject be of that influential body,
as long as we know where we and transferred It to the 'hands carry on only under severe re-
Com- House in London promulgates. Ita strictions necessarily imposed by cause some firms have got into Manchester Chamber of
dificulty with the United Kladom | merce. Lancashire 1s politically rulings. Apart from the holding Customs by taking it for granted powerful enough to insist that. up of the shipments under con- that a mathematical 25 per cent it is still within the Empire even sideration, delay in doing new Empire content would · satisfy if most of its raw cotton comes business is an inevitable ContE- them, as it does Colonial Govern from the U, 8. ̈ A. and Egypt. ́* quence, ments.
We have another grievance and- that is the extraordinary delays which occur before the Custom
Government authority,
Freedom of operation ix. however," essential Lo the prosperity of Hongkong's en- trepot trade, and to this freedom the Colony has 'been permitted to remalo outside the sterling blos.,
ensure
DELAYED RULINGS More recently, the
United
the
The difficulty is to persuade the Customs authorities that this Continued on Page 8
in Hongkong yesterday, was de- layed by bad weather, and had to return to Manija. She is now expected at Kal Tak this after noon. She will return to Manila tomorrow morning.
AIR FRANCE Air France's Direct Service, with Paris Malls dated May 15, is ‹ex- pected in Hongkong today. The outward service was due to leave Kal Tak this morning.
IMPERIAL AIRWAYS Imperial Airways outward plane with Hongkong Mailg was due to leave Kal Tak this morning.
The next mward plane, with London Malls of May 15, is due tomorrow
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