G-E MOTORS
AMBERGEN MEYER & CO LTD)
Th
Hongkong Telegraph.
FOUNDED 1881 M. 12,374
BRITISH BUDGET INTRODUCED.
LOWERING THE NATIONAL DEBT.
Reduction in Income Tax and Tea Duty.
PREFERENCE FOR HONGKONG TEA.
(Reuter's Service.)
ECAD
*JINE TUESDAYMAY 2, 1922.
SUN'S EXPEDITION.
Chan Appears Willing to Take Part.
CANTON INSURANCE -
OFFICE, TD.
Announcement of Dividend
Wo
WORTHINGTON
PUMPS
ANDERSEN.MEYEN & CO.
H大初月四
SINGLE COPY: 10 creS
590 PEN ANJAR
NORTH CHINA WAR. SHANGHAI SENSATION. FIGHTING STILL GOING ON. Korean Murderer Escapes
PROMISE OF SEVERE
CAMPAIGN.
Peking, May 1.
from Gaol,
and the
Our Canton correspondent says
official informed it is officially reported that Chan that the
Prom Our Own Correspondent.) Gead Agents | King-ming has at last replied so and Consulting Committee of
Shanghai, May 2. the many telegrama from Sun the Canton Insurance Office,
Ah Scong Ling, the Korean Yat-sen urging him to
Reuter's correspondent yestar who killed Mrs. Grace Snyder in tako Ltd., will thefortheom day traversed the Fangtien posi-the Custom House tragedy on part in the Northern expedi-ing meeting of hate-holders, tions at Changsintion, receiving March 28th, escaped from the tion. He has proposed some to be held on Friday. strategic
the avery courtesy from the Fengtien Japanese Gaol in the early hours moves in connec-19th. instant, declare a final leaders throughout. The troops of this morning. London, May 1.
tion with the On the introduction of the Budget, the House of Commons was and that he appears inclined to spect of Working Account 1920, the Chibli forces to oust them finished
expedition dividend of $17 per share in re-appeared jubilant at the failure of more crowded than in
The preliminary trial was recent years. Tense expectation was accept the appointment of Com-and add the balance of 699,630,19 on April 29:b. and the desultory authorities expected to send him indicated by the fact that the public galleries were thronged with mander-in Chief of one of the to Underwriting Suspense Ac- characterofthefighting yesterday.to the Nagasaki High Court for Јарадеве representatives of trade and commerce anxious to learn their fate, armies. these including Sir Eric Geddes and Lord Inchcape.
count; and they will farther de- The main impression crested was trial this week. Sun Yat-sen had decided to clare an interim divkeed of $18 an absence of reservesaven in the Sir Robert Horne said the past financial year had been a period divide the Northern squadron now per share in respect of of unexampled trial, owing to the coal dispate and the trade slump. off Canton into two forces-one to Working Accoubt. 1921. and
the second line of defence.
The Japanese consular authori. ties will give no details of the The way these had been met was eloquently testified by the sound-go to the Yangtze Kiang and the carry
A General Attack. forward ness of the country's financial position. The revenue for the year other to Chinwsatso to make war
escape. was £1,124,000,000 being only £90,000,000 below the estimate, and the on other ships and to assist in
Late in the evening, the Chibli
It will be recalled that on the surplus £45,000,000 for the redemption of the National Deb. The attacks in conjunction with the
troops attacked between Chang-made an attempt to assasinste date mentioned. two Koreans Income Tax yielded £398,009,000. A sum of £88,000,000 was applied Southern Army.
sintien and Fangtai. As the Baron General Tanaka as he during the year to debt reduction, and in the Budget the charge for
aight wore on, the fighting be An inspection of the Northern interest and management had been reduced by £17,000,000, apart squadron and the Arsenal has
cama heavier. At ten o'clock the stepped from a tender from the from the provision with regard to the American debs. Continuing, been made by Sun Yat-sen.
night was clouded and afterwards
Pine Tree State. crowds gave Sir Robert Home said that since March 31st. 1919, the extersi deb!
it rained stendils. Hesty gun, peatedly bred, and Mrs. Snyder. chase to the Koreans, who re had been reduced by £274,000,000 and the floating debt had also been
machine-gun and rille fire was largely reduced. He hoped the position would be further improved
an American lady who was on until daylight, when the Caibli forces during 1922-3.
an Oriental launched
cour with her general attack
husband, was sba: dead. The Koreans were captured and fully a Chihli
confessed their goil) westwards
The estimated expenditure for the current financial year was £910,000,000, but he hoped further reductions would be possible. This included £335,000,000 for National Debt services, including, £25,000,000 interest on the American debt. The estimated revenue was £936,000,000. Thus there was a surplus of £45,000,000, without providing for the redemption of debt. The estimate did not include any German reparations.
CORRESPONDENCE,
To the Editor of the "Hongkong Telegraph."
Sir.
The Gymkhanas.
I should be obliged if you would allow me to submit through the courtesy of your valuable paper the following suggestions to the Hongkong Jockey Club, viz.-
1-Eatries should be published
Sir Robert Horne announced small changes in the Income Tax law costing £1,700,000 and then, amid cheers and laughter, switched off to postel changes, namely, a reduction in telephone charges, in postcards to a penny, in letters to 11 and in printed papers to Md. This would cost £6,500,000 and leave a surplus of 238,900,000. He said there were signa of a revival in trade, but the burden of taxation checked enterprise. The Government would not ask the taxpayer in the local papers one or two this year to redeem any of the debt. After the superhuman efforts of the last two years the Government would be content to raise sufficient revenue to meet expenditure.
reduced be in the £, meaning a loss of £32,500,000 in revenue in Proceeding, Sir Robert Horne said the Income Tax would be the present financial year. There would also be a reinction of 44. per pound on the tea duty, involving a reduction by one-third of the duties on coffee, chicory and cocoa, costing £5,000,000 in the present year. All other duties would remain unchanged.
Benefits of Debt Reduction.
days after closing and programmes put on sale three or four days before the meeting.
conspicuous places within the Grand Stand ecclosure requesting
2.-Notices should be put up in
the public
(a)-Not to stand on the two side steps leading up to the Grand S'and.
Sir Robert Horne emphasised that the first fruit of paying off) the external debt had been an improvement in the exchange value of sterling and this meant that the debt to the United States would become £355,000,000 less. Furthermore, purchasers and consumers of United States goods subsequently benefited. The floating debt was reduced by £248,000,000 in 1921-2 and as the result of the vigorous policy in reducting the deb: we had paid off £322,000.00 in of this correspondence and en-
cash during the past two year?..
Good News for Hongkong Merchants.
closing my card.
Yours etc.,
$2,159,652.90.
the sum
PLAGUE OUTBREAK.
of
incessant
Oc
48 More Cases Reported. A further big batch of plague cases is reported for the 48 hours ended yesterday, nor fewer than Changsintien, while 45 fresh Occurrences being! Division deploying cotified. with 35 deaths. All but evidently gained contact with saren were from the cuy of the Feogtien cavalry. Victoria, and all were Chinese.
There were also reported three cases of plague (two fatal), all being Chinese, and ode non-jatal occurrence
of enteric fever (Portuguese).
BILLIARDS
Palace Hotel Handicap- W. G. Gerrard (gad an
The fighting is continuing, but the gunfire is lessening.
SHANGHAI RACES.
Big Dividend in First Event.
According to Chinese reports, the Fengtien troops are ratresting. Another battle is reported to the southwest, where the Chibli troops drove out the Fengtien (From Our Own Correspondent). forces from Kuan, the latter retreating to Laofa. Reuter's Pacific Service.
Tientsin Volunteers®
Preparing
Shanghai, May 1.
THE
Chow Tze-chi,
who has resigned the Pramiarship of Chios.
CATCHING A BOAT.
Tardy Passengers' Near Shares.
It is bad enough to arrive on the railway station platform just in time to see the train by which one wishes to travel steam away, but when it comes to missing one's ship it is more than an annoyance; it is a serious matter. A first class passenger on the Monteagle managed to clamber
Moonraker
weigh.
motor-
At the Spring Race Meeting, aboard when the vessel Henry the Eighth broke the track was actually Dader record for nine furlongs and paid He took $290 in the first race of the day.boat No. 4' at Blake Pier füst as -
the Criterion Stakes, Chaskoland The motor-boatman went along- Thera ware only eleven win the ship was leaving. He was
being second. Three ponies tied side the gangway and the passed- apparently expected, however, Old Bill (Springheld up) won for the gangway was left down.
for third place, for the first time ger and his luggage went aboard. in fifteen years.
A policeman saw the little There were record crowds out episode and brought the boatman, Leung Washing, before Comdr. Bockwith, at the Marine Court, this morning.
easy victory over TP Dallow been ordered to prepare for mobil-
Tientsin. May I.
(75) in the Palace Hotel hand action at any moment and to
The British Volunteers bave tickets on bim.
cap last night, wlazing by 250 keep their rifles bandy. points to 81. Gerrard did well with breaks of 18 (twice), 16 and says the Fengtian left wing has The Peking and Tientain Times 14 three times).
crossed the Grand Canal and oc- J. Parkes
was 16.
The following games have been arranged for to-night:
6 pm-A. Greensett v. W. Haslett.
B.
AN ENTHUSIAST.
5 p.m.-A. Gourley v Pilo.
A.
(b)-Not to mark any seat there as engaged by leaving J.
(-200) defeated cupied Tachang, whilst the centre before tin. It was raining H. Tait any article on it.
(-125). 250-162. occupies Yungcbing but not Koan. slightly after tiffin. (a)-Not to stand in con-
Parkes was in splendid form, com The Peking and Tientsin Times
The Derby Favourites. versation in the Pari-mutueling breaks of 34, 27, 21. 19 and learns from Peking that the
Shanghai, May 2. and Place Betting places.
is. Tait's only effort of note artillery restarted at nightfall,
The track is quite s ggy to-day, Thanking you for the insertion
appearing nearer to Peking than after the heavy raids late yester before reported. Wu Pei-fu's day. The biggest early-day Race flanking attack might result-in crowd attended yesterday, the interruption of the railway at The Knut, Hilo and Aintree are Fengiai, where the railway and favourites for the Derby. G.telegraph staff were preparing to leave for Peking late last night.- Reuter's Pacific Service. Fengtien Division Suffers.
Peking, May, I This morning the Chibli forces! pressed back the Fengtien troops along the Hunho in the direction
Shanghai, May 2. of the Marco Polo Bridge, but. There are a thousand delegates tailing to reach the bridge. retir here for the National Christian positions.
nearly to their former Conference which is opening at
the Town Hall this afternoon. Chibli forces gained control with To the west of Changsintien
THE PRINCE IN JAPAN.
In making the announcement as regards the reduction in the flangkong, May 2, 1922. duty on tea, Sir Robert Horne explained that the new 8d. duty would be only fully payable by foreign tea importers. In consequence, s preference would be given tes from India, Ceylon and Hongkong Seeing that 90 per cent, of our tea comes from within the Empire. the duty thereon would be only 6.2 38. Competition in the tea trade was such that the smallest consumer would derive benefit from the remission of taxation.
Later.
The House of Commons unanimously agreed to the resolution reducing the Tea Duty.
TREND OF EVENTS AT GENOA.
Catholic Combination in Support of pro-Russian Policy. London, May 1.
Significance is attached at Genos to the fact that Mr. Lloyd George is dining with Signor Sturzo, the Italian Catholic leader. This, in conjunction with the Pope's letter, is regarded as indicating an effort to unite the Catholics of Europe in support of Mr. Lloyd George's Russian policy.
Prospects of Rapprochement on the Upgrade.
Genoa, May L.
The Beauties of Kyoto.
The Prince of Wales has had another wonderful day's sightsee-ed
Kyoto, May 1. ing of the beauties of Japan in glorious weather. His Royal Highness spent the morning viewing some of the famous temples around Kyoto. In the afternoon the Prince matored to Kameoks, thence went by boat down the Hozugawa River, shooting frequent boiling rapids for eight miles to Saga through a deep gorge often in the green twilight of the exquisite dense spring verdure.
In the evening bis Royal Highness dined with the Mayor of Kyoto, afterwards witnessing a butifully picturesque cherry dance by some of the daintiest singers in Japan.-From Sir Herbert Russell, Reuter's Special Correspondent with the Prince's party,
JAPANO-F.E.R. HOSTILITIES.
CHRISTIANS CONFER.
The Shanghai Meeting.
From Our Own Correspondent.
portion of the Fergtien 16th Division, which suffered consider KELANTAN GOLD MINES. otherwise, the situation at Chang- ably. Fighting continues there; sintien is virtually unchanged.
The alleged offender pleaded that although the vessel W&S under weigh, her engines were stopped.
The Magistrate thought, the gangway being down, it was probable that the passenger was expected, and defendant discharged.
#25
Another bostman appeared at the Marine Conrt this morning, charged with being the outside boat of more than two other bosts alongside the China. His excuse was that his passengers wore sailing by the China and they urged him to go alongside as soon
he could because the ship was due to leave at any moment. This man, who has been prǝ- viously convicted, was fined $10.
News in To-day's New Advertisements.
The Prospectus Issued. On the middle front, the Chibli (From Our Own Correspondent.) Victor Records is announced by A reduction in the price of troops. after taking Kuan, threw back the Fengtica forces
Singapore, May 2. Moutrie & Co.--Page 6. towards the river, where The prospectus is published off The 8.8. Blossom Heath haa. fighting is still going on, the Kelantan Gold Mines. The arrived from New York and con-
Fengtien soldiers counter-attack- capital is $350,000 in one dollar signees are given the usual notice ing, supported by guns over the shares. The list closes on May on page 4. river.
15th. It is anderstood that a Lon- Asiatic passengers and crews don syndicate has made a sub-entering Inco-China from here stantial offer to take over
the have to fulfil certain new require- |Company's rights.
mente. Page 4.
Severe Campaign Foreshadowed.
On the eastern front, large
Britain not Taking any Action. M. Chicherin's letter to M. Barthou declared that the Russo- German treaty was only the first of a series of agreements necessary candidate) draw attention to what he described as the Japanese Chibli forces from Shantung are
In the House of Commons, Mr. Amman (the newly-elected Labour
London, May 1. for world peace. M. Barthou remarked that there was no resent offensive against the Far Eastern Republic and declared that this proceeding northwards with the mant in France against the Russian people, but against the Russian did not conform to the Japanese promise at the Washington Can-intention of joining Wu Fei- SHANGTUNG RAILWAY. Government, owing to the Brest-Litovsk treaty. Mr. Lloyd Georgs ference to withdraw troops. He asked what protest the Government fa said that M. Chicherin's letter was gratifying,
The sub-committee thereafter approved the amended draft Clagse TI, of the conditions of agreement with Russia, dealing with inter-Government debts, and next considered the new draft of Clause V., dealing with private property and debts, to which M. Jasper objected ae prejudicial to Belgian interests.
2.
of
Mr. Lloyd George pointed out that British interests in Russia were five times those of Belgium, and appealed to M. Jasper not to persist in his opposition.
The draft was ultimately referred to the Committee of Jurists, which Belgium is represented.
FUNERAL OF LORD LEOPOLD MOUNTBATTEN.
London, May 1. " The funeral of Lord Leopold Mountbatten at St. George's Chapel, Windsor, was attended by their Majesties the King and Queen and the Queen of Spain, also Princess Beatrice and other members of the Royal Family, members of the Diplomatic Corps, val and military officers, and representatives of Government Departmenta."
The Memorial Service at the Chapel Royal, St. James's Palace, Attended by many distinguished people.
intended. Mr. J. Parker replied that the Government did not big concentration is taking place
st Jentio, where propose to take any action.
preparatory to attacking the Fengtien forces at Machang. This will represent the main operation which Wu Pei-fu will personally command.
BRITISH CRUISER-WEIGHT CHAMPIONSHIP,
Victory of Bloomfield,
London, May 1.
Transferred to Chinese Guards.
Peking, May 1. The transfer of the Shangtung Railway to Chinese guards was So far, the Fengtien troops completed yesterday.--Reuter's have fought well, and the Pacific Service. campaign promises to be severe unless Wu Pei-fa effects another
At the National Sporting Club the contest for the cruiser-coup for which he is justly weight championship of Britain resulted in Jack Bloomfield beating famous-Reuter's Pacific Bervice. Harry Drake, the sponge being thrown in at the conclusion of the ninth round.
PLURAL SUICIDE IN LEGATION CIRCLES.
Polish and Chilean Attaches at Paris,
Attaches to the Polish and Chilean Legations have committed
--Paria, May 1. suicide.
(Other Early and Special. Tele
Peking-Mukden Railway Disorganised.
Tienlain, May 1
LADIES' GOLF.
The Moore Cup.
Ms. Adams won the "Moore
Mr. G. E. Corse, Jar., bas assumed charge of Messrs. Davis [Company, Ltd.—Page 4.
The Inter Schools Sports take place at Happy Valley on Fri- dky.--Page 4.
ta
At the Kowloon Theatre & "negligee dance" is taking place to-night, whilst at the, Coronet "A Cumberland Romance belog shown.-Page 12.
"Bare-fisted Gallagher" is the Alma now being shown at the World Thestre.--Page 12,- -
Messrs. Lammert Brom aro selling champagne, vermouth and grain spirit on Monday next. Page 4.
The Peking-Mukden Railway Cup" at Happy Valley on Friday, is now badly disorganised, and it 29th. ult., beating Mrs.. Pieror in on
**
is very doubtful whether the the final to whom she had to afternoon trains to and from Pek concede 11 strokes, by the band ing will run. *****
some inargin of 5 up and three ta this afternoon that General Wn Mr. Adams was in very bood
There are persistent rumours players Pai-frein
ingato-day form doin the 13 E
To-Day's Exchange.
demand to-day was 28. 6.9; 6d. The closing rate of the do'jar
The Weather.
Bameter: 2981 Tem