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UNITED STATES

Sweeping Fiscal Reforms Announced In Manifesto

Continued from Pase $

TELEPHONES ON BUOYS

For the purpose of facilitating communication between incogïlýs hand, and facilitate trade on the of reasonable prices for the pr freighters and land, thus speeding other.

ducts, (4) the troprovement of up the discharge of cargoes, the For the successful enforcement transportation and increase of the Communigations Ministry has de- of these reforins, the manifesto poluge of traffic, and (6) the refelded to instal telephone equip stresses the importance of train duction and untication of exportment on buoys in Osaka and Kobe ed personnel, which training and taxes. In addition, the manifesto parts, reports the Malpighi. management have been planned. exhorts the nation to co-operate

Eventually, ten buoys in the two In addition, higher renumeration with the Government in its effort ports will be equipped with such and security for the staff members to restrict the importation of non-faellities. As it is necessary has also been worked out. In short, essential goods and in promoting lay submarine cables to this end, an efficient personnel will bring native goods, about the eradication of corrup· |

First and Third

Weeks in July

tion

For further particulars apply

AMERICAN PRESIDENT LINES

"ROUND-WORLD SERVICE"

AGENTS FOR TRANSCONTINENTAL & WESTERN AIR

12 PEDDER ST

AND UNITED AIR LINES

TEL. 28171.

N.Y.K. LINE

SAN FRANCISCO & LOS ANGELES via Honolulu,

TATUTA MARU (starts from Shanghai! Thursday, ASAMA MARU (starts from Shanghai) Thursday, SEATTLE & VANCOUVER (Starts from

HEIAN MARU

...

Monday,

NEW YORK via Japan & Panama

3rd July both July

Kobe) 14th July

Saturday, NOTO MARU

19th July SOUTH AMERICA (WEST COAST) via Hilo & San

Francisco. (starts from Kobe)

* SANUKI MARU

COLOMBO & MADRAS via Singapore

* HAKODATE MARI

SYDNEY & MELBOURNE via Manila.

SUWA MARU

SAIGON

• LIMA MART

• TOYOHASI MARC

--

Madle of July

Monday. 1th Aug

Saturday, 2nd Aug.

Friday, Monday,

27th June 21st July

HAKONE MARU

Monday,

21st July

RANGOON & CALCUTTA via Singapore

* LIMA MARU

* MATUMOTO MARU

Friday. 27th Jane Tuesday,

8th July

Monday, Saturday, Monday,

BOMBAY via Singapore & Colombo.

KOBE & YOKOHAMA

• TURUGA MARU

* NOTO MARU

NITTA MARU

* Carge only.

NIPPON YUSEN KAISYA

N.T.K. King's Building

Buth June 19th July 8th July

Telephone 38291.

TRAVEL A.-O. LINE

To AUSTRALIA

VASTLY AUGMENTED MONOPOLIES - Dining

to

the Communications Ministry is to dispatch its "cadle-ship" to

for the these ports especially

this

Dealing with the food policy. the manifesto says that China was simultaneous prosecution of the purpose.

and reconstruction and in It is quite easy to make use of self-sufficient in her food supply war

view of the vastly augmented the wireless telephone, an expert before July 7, 1937, and even after

Osaka Communication the outbreak of the war there was national expenditures, the Govern- of the

should Introduce varlous Bureau stated, but because of the no reduction in food production ment because there have been bounteous monopolies with a view to increas risks of the messages being pick- harvests in the last four years. ing the national revenue and ed up by other parties and other considerations, the The present food problem, there controlling the commodity prices. unfavourable fore, is due to inequitable distriba. It is the opinion of the conference submarine cable system has been tion caused by the dimcult trans. that monopolles of a national decided upon. portation, hoarding and the great nature should be undertaken by

10 U.S. MARINES ON TORPEDOED STEAMER

WASHINGTON, June 30 (Reuter)

10 United States

ly increased demand in certain the Central Government while the localities.

taxes and surtaxes levied on the Although the food question is products placed under state mono- complicated, the two most impor poly by the provincial governments tant factors are production and should be abolished forthwith. prices, a solution for which must After emphasising that the de- be sought. For the two factors are cisions of the current conference A ship with inter related. The man Testo poin 8 shall be carried into force, the marines on their way to England, the AL- out that the present conference's manifeste concludes: "Without a has been torpedoed in

R11 authori- adoption of the measures for the unified fiscal system there cannot jlantic, according to collection of land tax in kind and be a foundation for a modern tative source here.

One American marine is missing of "foodstuff treasury state and, consequently, we cannot

to "borrow talk about concentrating the na- and it is presumed Indstuffs, was designed to tackle tion's strength." Without fixing a were rescued. the problems of production and budget for each helen, the New The ship is said to be the Mars-

the issue notes" with which

prices,

the

others

..!

District System cannot be enforced den, a former Dutch vessel, now and, consequently. we cannot talk serving with Britain.

Navy Department states are expedient about 'local self-government."

FOOD PROBLEM

These however,

programme,

/The

NEW IRON AND STEEL WORKS

TUESDAY, JULY 1 1941 -PACE

P. & O.

Passenger & Cargo Services

to

Straits, Ceylon, India, East & South Africa, and

United Kingdom. B. I.

Passenger & Cargo Services

to

Straits, Burma & India.

E. & A. Passenger & Cargo Services

to

Philippines, Australian Ports

and

New Zealand with transhipment. For further particulare apply to MACKINNON, MACKENZIE & CO.

Phone 27721.

BARBER WILHELMSEN LINE

SERVICE TO

BOSTON AND NEW YORK

Vu LOS ANGELES & PANAMA CANAL PORTS.

by NEW FAST VESSELS

NEXT SAILING ABOUT END JULY

Taking cargo on Through Bills of Lading for West Indies, South American ports and West Africa.

DODWELL & CO., LTD.

13

Agents.

Hong Kong, Boat Building,

measures and In order to seek a Without taxation reformation we there is no immediate confirma- fundamental solution of the food cannot talk about equalization of tion of the report. problem the land polley must be tax burden.' introduced. The manifesto par- "If our food policy cannot be Licularly stresses the reformation enforced and our land policy? of the tenant system the realiza- cannot be carried out we cannot tion of the land for-each-tilier talk about feeding the civilians A new iron and stee) works

lutensive and the and

the soldiers.' not saying being established at an undisclos- utilization of the land, which con 'equalization of land. These four ed place in north Shens. It is stitute the prerequisites for the eD- form the essentials for the success-expected to start operation in forcement of the food polley.

fi prosecution of our war of re- October after the installation In short, the manifesto says, the sistance, and it is to be hoped that its machinery. expedient measure to cope with the nation will pledge its support. A large quantity of scrap Iron The food problem is to Lighten Que the provinciaj Ananelal authorities has recently been purchased by food control while the fundamen

to faithfully carry out the reforms, the Chinese authorities from tal measure is to put the equaliza and the Ministry of Finance will war areas and shipped to Slan.-- tion of land ownership policy into exercise its wise leadership in the (Central News). execution.

execution of the task."

CURRENCY-The degree of

the

Bringing the strenuous nine-day

conference to a successful climax, Dr. Kung entertained the delegates at î farewell dinner. (Central

News).

public co fidence in the Chinese legal tender and stability of the Chinese currency market n last four years has surpassed that of many other belligerent coun- tries. While partly due to the great faith placed in it by the people, the Ho's share of the credit should go to the successful execu tion of the Government's policy and measures. However, in the past the Four Government Barks have borne the brunt of the work

carrying Out the

currency polley, and it is to be hoped that there will be more co-ordination between the Central Government and the local and commercial banks in the future wherby the banking Institutions may contri- bute even greater services to the Thu. state.

Week

HONG KONG TIDE TABLE From 1 to 7 July 1941.

HIGH WATER.

3. Hoog

Kong Standard

Height

LOW WATER

Hong

Kong

Standard

Time

Height.

PERFUME AID

IN WAR DRIVE

of

the

LONDON.--Rare And new per- fumes are being produced in the heart of bombed London for ex- port as part of the Government's plan to secure foreign currency.

The man mainly responsible for this wartime exchange of smells leading

Is Mr. W. A. Poucher.

research chemist.

In his laboratory in Piccadilly Mr. Poucher conjures up all the stoperfumes of Arabla from -castor

06 68 194 ol, coal tar. whaleflesh and other

queer raw materials.

"Some of the materials

use

are very much on the secret list.

and the formulas are kept locked

2 & up in a safe," this six-foot-tall

Time

b. m.

h. fi.

Tues. 1

Wed.

02 31

4 6

13 29

5 8

2031

2

03 20

08 27

4

14 39

21 20

0

3

0412

5 41

10 20

16094 8

22 14

4

FOREIGN

TRADE-There are Fri.

4

Aive directions under which foreign trade should be promoted hence- forth: (1) the maintenance and Sun. Improvement of export articles, (2) greater efficiency in the purchase Mon. of raw materials, (3) the payment

05.045 85

11 57 17414 41 23 09

6

chemist told a reporter.

Sat.

4

06-55

the

19 11 4 2

13 08

11 8

8

06 47

6 7

0001

9

20 28

4 Z

14 02

72plants, roots

and tree barke, a8

7

07 37

71

00 51

21 29

4 3

14 48

10 yield ingredients for scent...

1. Connaught Road.

For particulars regarding Passengers,

Cargo and Sailings apply to:----

BUTTERFIELD & SWIRE

Tel. No. 30332.

Ägente.

Mr. Poucher has roamed

world in search of out-of-the-way

30 well as strange animals, which

Telephone 1802ZI,

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