*
SWING ME ROUND AGAIN. WILLIE!
Ashillar sennilon to that dizzy fealing experienced by swinging round, sovietimes felt by aye sufferers.
Theonly remedy is correct glasses.
P
LAZARUS
IT, QUEEN'S ROAD GENTHAL.
The only furoj oin Optician in the Kulhny.
The
Hongkong Telegraph
YOUNDED 1881
No. 12,472
三拜禮 號十三月四英港香
WEDNESDAY APRIL 30,
1924 日七十弍月三
SINGUM : OOPT 19 UTA #35 TER ANUMN
KOWLOON DOCK ORDERS.
LABOUR'S BUDGET.
CHEAPER BREAKFAST TABLE.
(Reuter's Service.)
London April 29.
The Budget was introduced in the House of Commons today. Its main features were:—
The tea duty is reduced by one-half.
The sugar is duty reduced by three half pence per pound, Postal rates are unchanged.
The duty on sweetened tablewuters 48 abolished. The McKenna duties are abolished us from August 1st. The tax on theatre keats up to sixpence is abolished. There is no alteration in the income tax or super tax. The duties on encon, coffee and chitory are reduced by one half, that on cocoa as from April 30, and that on coffee, chicory and tea as from May 5th.
EAST RIVER FRONT:
PEAK STRIKE.
BY CHAIR AND RICKSHA COOLIES.
The Matter Now Settled.
This type 547K 00- LUMBIAS STORAGE BATTERY in EDTAL Kfor BORGE BRO-
THERS,
Mercer Mitchell, White and many other; motor vehicits. COLUMBIA STORAGE BAT-
TERIES are your guiriater of motor-
ind satisfaction-of quick starts, bright lights, economy, and continued satisfaction.
"our service at your servico"! :
THE DRAGON MOTOR CAR Co., Ltd. - Expert and Constant European Suparviulóm. ¡Telephone Central 8950.......................A. J. Allison.
CHINA PROVIDENT. CO.
CECIL-VANDERBILT.
A DISAPPOINTING YEAR. Fashionable Anglo-Amerienn
REPORTED REVERSE FOR SUN'S TROOPS. DETAILS OF NEW VESSELS.).
Wedding,
'Canton for Cantonese ?
Hopes of Future Profits,
Asheville, North To Replace "Changsha" and
Latest nows of the situation on
Carolina, April 20. "Taiyuan."
The twenty-sovanth ordinary Miss Cornella Vanderbilt, thot the Enst River front is contained
Poak residents this morning genoral meeting of tho China only child of the late Mr. Goorge We are now able to give further in a report from the vernacular details of the two slips for which papers that the left wing of Dr. were put to some inconvenience Provident, Loan and Mortgage Vanderbilt, has been marrion the Hongkong and Whampoa Sun stroops, composed of Hunan when the public ricksha and Company, Ltd., took place this Mr. John Amherst Cecilia mol Dock Co., Ltd., has received ase forces, proceeded ton far in chair coolios went on strike. For morning at the offices of the ber of the staff of the British
Gonoral Managers, Mounrs. Sho- ordora from Australia. Those the Ho Yuen-district, with the two hours the district presented was Tomoe and Co., Ltd. Mr. R. basay at Washington-Router's
troopa. are an unusual aspect as the coolfos.
20
third-class
and
tha
It
word
Tea, Coffee and Cocoa Duties Reduced.
vassels are to be built to the order result, that PLEASING REDUCTION IN NATIONAL DEBT. of Mossrs. G. S. Yuill and Co., of said to have been encircled by downed shafts and went home. Showan presided and there also presnt, the Vory Sydney, who own the s.s. Chong General Chan King-ming's men for a solf-granted rost, unniindful, Roy Father Robert, Mr. H. Shu and the B.. Taiyuan, which and defeated. Those troops of of the ontreaties of the syndicate P. White, Mr. 3 F. Warron vassels they will ultimatoly roplaco General Chan's army are said to owning the chairs and rickshas and Mr. Leo Hysan (Consulting
to do the right thing by them." on the Hongkong- Australia run. have been brought up. from Hu
Committee), Mr. E. M. da Rocha Thoro was nothing really The new boats will be about Lung, and they are reported to
(Sacretary) and Mosers. Fred the same size as the ships which have captured a few hundrod pri-serious behind the stoppage."
Ellie, H. H. Taylor, A. M. Thorn- hill, G. P. Laminert, Tsang Foo, they are to replace, boing about soners and over a thousand rifios. coms that the coolies took it
On hearing this report, it is into their hoads to resent an W. J. Hawker, A. A. Alves, A. H. 350. feet in length. They will
said that Dr. St ordered the order from the police. One of the Carroll, A. A. Cordeiro, M. A. huvo accommodation for firstclass. 30 socond-class, onnneso force which has re-conditions of their licences is
200 cuntly returned from Kongmoon that they shall produce these for Remedios. Choy Po-min, M. A. Figueirdo, D. W. Muaton, P. Juve à cargo-carrying capacity of/but reports say the Honanese requested by the traffic police ting, Lau Siu-chuen, Tse Taan- steerage passóngers. They will to roinforce the defeated troops, inspection when and whoraver Plage, A. Koating, Tong Hok- xome 4,000 Lone, and each will troops still romain in Canton in This was a small natter requiroutai, D. P. Lopes, I. W. Showan, have two refrigerating holds for expectation of rudolving money of them, but they appear to have R. M. Omar, and A. P. Samy
with which to moot thoir trans resonted its enforcement. the carrying of frozen meat,
(Shareholders). There are somo forty rickuhas portation oxponens,“,
CILAIRMAN'S SPEECH. It is interesting in connection'
A somowlist sensational roport and an equal number of chairs
The Chairman said :-With with the proposed removal of the prevails regarding the reason for allocated for business in the Poak
All wont woll this your permission, wo will follow The inhabited house duty and corporation profits tax is Changsha and Taiyuan from the the roturn of General Hau Sung-district.
Hongkong-Australian run to note chi from Shanghai. This is to morning until, at 8.30, pointsmon the usual course, and take the abolished.
The duty on dried fruit will lapse on August 1st.
that these boats have been on the effect that an agreement has commenced to ask each coolie to report and account now before that service for nearly forty boon reached between Gonoral produce his licenco. Then some you as read. The 'roauit of tho Only the recent fifty per cent, increase in duty on dried years. They have, boon very Hsu and General Ngai Bong-ping understanding that must have year's work is disappointing, but fruits is abolished and not the whole duty.
popular with the travelling to free Canton of the troops from been arrived at amongst the there ware good reasons for this Mr. Snowden announced that the Government will introduce public, but it is felt that the other provinces, and that after all coolies on the previous night and thoro is no occasion for pos- a Bill to re-establish the Land Valuation Department.
timo has now arrived when they these troops have left for the East became apparent. Giving the simism on the part of shareholders The House of Commons- was should be replaced by more mo River front, the Cantonese forces excuse that they would return to as the Company's business is a For the first dern craft Thoy-wora built in from the West River and the their quarters to look up their very sound one. crowded and animated when it 1886 by Mosers, Scott and Co., of south-west of the province will licences, the coolice hastened half of 1923. our earnings were re-assembled for the Budget. The Greenock, to the order of the simultaneously come to Canton home, but did not turn up again. well maintained, but imports fell Galleries wore full, including the Chine Navigation, Company, and take up all the important posi-As time passed on, it became off greatly in the last half of the Dominions Gallery, where Bir ospecially for the Hongkong- tions, with the object of prevent-apparent that something unusual year, capocially flour which is one Josoph Cook and all the Agents Australia service, but were sold ing the roturn of the other troops. was afoot, and on investigation of our chief supports, the import General, the Australian Senator some thirteen years ago to An official re says that the fact was disclosed that they of which was offooted by the Mr. Wilson and several Indians Messrs. Yuill and Company for General Young Hi-man, the had gone on strike,
earthquake in Japan and the -were-among-the-Oversea-repre-which Messrs. Butterfield and Yunnanese commander-in-chlof. Traffic Laspector Kont finally disturbancos in the country
sentativce.
Swire have since acted as agents after a consultation with Genoral got into communication with the around Canton. Compared with The Ministorialists loudly
of the vehiclos and the first six months, tho in running them.
Hou Sung-chi and his Cantonese losseos
€
BLASTING.
CONSTRUCTION CO.
FINED...
who
American Service
TO-DAY.
Closing Exchange 2a. 4. 3/16. Baromotor
2 p.m. 29.79 Temperature 2 p.m Humidity
84
71
2 p.m. Lighting Up-Time 6.49 p.m.
The announcement of the forth- choored the entry of Mr. Philip The boats, we understand, will forces to co-operato in the cam through the latter the coolies earnings for the second half of Snowden, who began by appeal- ing for indulgence in view of his be thoroughly modern in all re-paign on the East River front, on were persuaded to take up a ro-last year show a roduction of coming marriage was made som view and return to about $80,000. But I am glad to time ago. Miss Vanderbilt comes luck of Ministerial experience. Hespecte both in passenger accom- the ground that large forces under asonable announced a realised surplus lastmodation and-in equipment for the command of General Lum Foo work. Later advices show that say that in December, business of the well-known American
the rapid handling of cargo.. are returning from Changchow.
traffic on the Pook has now ro-revived with us; our godowns millionaire family of Dutch ox- year of £48,329,000 which had gono
sumed the even tenor of its way, havo boon full since the begin traction, and the bridegroom is a to reduce the debt. The £18,500,000
Tho Police requirement that ning of this year; and at the mo- mombor of the aristocratio Cooll surplus was due to un excess of Two matters arising out of the Imperial Conforonce required finan- licences shall be carried for in-mont we have had to turn cargo family, of whom Lord Robort revenue of £27,750,000 and re-cial resolutions; firstly, with regard to the immunity of Stato enter-spection has been satisfactorily away. We cannot, of course, Cool! is perhaps the most dis- duced expenditure the balance prise from taxation-which-ho-proposed to postpone-till-next year in adjusted, it is stated..
guarantee that this stato of tinguished. being the surplus from last year's ordor to afford an opportunity of further consultation; and, secondly,
things will continus, for the rest Mr. Philip Snowden. budget.
of the year, but we have really he hoped to include in the Finance Bill & Clause giving effect to the The surplus of £7,178,000 in customs and excise was mainly reciprocal arrangements made last year with regard to double taxa-
good grounds for feeling hopeful due to spirits and tobacco, the increased consumption of spirits tion of shipping. He understood it would be voluntary and permissive.
about our profits in the futuro. being apparently due to the long cold winter and the effects of
£24,000,000 off Food.
In my remarks last year I re-; ferred to what wo might do whon influenza, for which whisky was a reputed specific. (Laughter) The reduction of the duty on sugar to 14 panoo per pound The motor vehicle duties had increased by £1,500,000, death duties would operate on April 30th and cost £17,700,000 this year and
wa got into "full swing," but this object was not attained had exceeded the estimate by £5,800,000, and the income tax by 418,400,000 in a full your. Tho roduction in the toa duty would cost £8,331,000, but the excess profits duty was £12,000,000 bólow£5,400,000 a your. The roduction of duties on cocos, coffee, and
The Hongkong Engineering and last year as our block of now. the estimate. Death duties had yielded £57,800,000 as compared chicory would cost £843,000. The non-renewal of the fifty per cont. Construction Company figured as reinforced concrete godowns was with £56,871,000 the previous your.
increase in dried fruits duty, imposed in 1015, would cost £250,000. defendants in two summonses not in full working order and As regards expenditure, Mr. Snowden said that the national Thus everyone's food duties would be reduced. (Loud Ministerial brought by the police this morn- available for cargo till Sopt we are already in a position this debt services had amounted to £347,250,000, supply services to choors). The estimated cost of such reductions was £28,700,000 ing, before Mr. R. E. Lindsell, ember, and two other good year to replace these drawings £405,000,000, the army to £43,500,000, the navy to £52,500,000, and this year and £24,893,000 in a full year.
these being that they did not godowns were lost to us for out of the profits on the sale of the air force to £9,500,000, the savings thereunder being due, inter] · The announcement of the abolition of the MeKonna duties from take sufficient precautions whilst some months owing to structural the Kennedy Town property
In accordanco with resolutions alie, to a change of programing in the Middle East and Singapore. August 8th. was greeted by loud Ministorial and Laboral cheere.blanting at Repulse Bay and that alterations which onabled the
Debt Figures Compared.
This will cost £2,500,000, and Mr. Snowden declared that the they carried out this work at godowns to take a heavier load of passed and confirmed on 14th, and The total deadweight debt on March 31st. was £7,680,000,000 as country gave a most decisive vote against those duties at the last prohibited hours, to wit 5.30 p.m. cargo and to repairs necessitated 19th, January, 1924, respectively, compared with £7,772,000,000 on March 1st, 1923. The floating Election. The Governmont was bound to give affect to that policy. on the 22nd instant,
by the typhoon and rainstorm. the capital of the Company has debt on March 31st, was £774,500,000, as compared with £810,000,000 In addition, the abolition of the tax on payments for admission to A plea of guilty was returned, In "full swing" was, therefore been raised to $3,000,000 paid-up a year ago. As regards the provision made to deal with the five por entertainments up to fifteen ponce, would cost £3,400,000 this and Inspector Phillips, cont. War Loan the precise figures were not yet available but the year. The repeal of the Corporation Profits Tax would cost £,200,-prosecuted, said that fragmonts sum converted was not less than £150,000,000. The Government 000. The cost of all reductions in taxation would total £34,050,000 of stone wore thrown about all had to meet nearly £150,000,000 of maturing Bonds and ho was afraid leaving an estimated surplus of £4,024,000, which he would keep to over the place. that the burden of debt must be most heavy for some years. Pend-provide supplementary expendituro. Ho did not suppose that this His Worship imposed a fine of ing the report of the Committee on National Debt, all clearly avail-would ho sufficient to meet expenditure outside the estimates, which $25 on each of the summonses. able resources must be devoted to the redemption of the debt Parliamont might sanction during the year; for example, the (Cheers) which would improve international trade and the Commons was committed to a removal of the thrift disqualification terme whereon money could be borrowed for industrial purposes.in Old Age Pensions and there would be calls for housing and In view of the great conversion scheme wo must carry out soon-unemployment. Mr. Snowden was convinced that considerable (Opposition chocrs)--the maintenance and improvement of British economics could be offected during the year, crodit was a matter of most vital importance. (Choors)...
Mr. Snowdon spoke for one hour and throo-quarters, and was ovated when he sat downl Our deadweight-debt of £7,680,000,000 · involved an interest
The necessary resolution regarding the toa duty was carried charge of £305,000,000 as compared to a debt of £8,000,000,000. and and the remaining budget resolutions agroad to.. interest of £345,000,000 in Decombar, 1919.—(Chours). Our one real
Mt. Snowden Congratulated, externùl, dobf now was the United Statos, £040,500,000 'and' While reserving the right to criticing the proposals later, the £45,000,000 Market Lonns in America. The total debt roduction. Opposition leaders congratulated Mr: Snowden on his lucid state both external and internal, since, December, 1919, was over mant and applauded the evidences of the sound condition of our £650,000,000, or practically the amount of the National Debt at the national finances, ...' outbreak of the war-(Choors). That was a wonderful and most The ox-Chancellor, Sir Robert Horno, opined that the statement, oraditable national sotilovament. (Choers). Moreover, largo debts slightly modified, might well have bean made by other of the older were owing to ue-Loud Cheers). We had to pay intorost thereon, partios (Labour crios of diceont.) Ho twitted the Government which was a very heavy burden on the taxpayers. When we with gooking a trade agreement with Russia and rejecting a trade manager of the Hongkong Boxing addition to our profits for 1924,
Association. Ho says he will bo For the present dividend, we pany and always took a deep regoived intorost on some part of thone dohts we might hope to agroomont with the Dominions reduce our own indebtedness or taxation much more rapidly than Mr. Asquith described the Budget as a thoroughly sound finan- in Hongkong sometime during must fall back on our Reserves, internat in its progress.
clal operation containing nothing to which the Liberals were unable May and is quito prepared to and, subject to your approval, wo On the proposition of Mr. Ellis, moot Cartlidge: The fight will havo transferred to credit of socondod Mr. Cordeiro, Mr. H.P. Profit and Loss Account $25,000 Whito, Mr. J.P. Warron, the Rov. accordingly be staged.
from Equalisation of Divid-Fathor Souvay and Mr. Leo und Account and 850,000 Hysan were re-olested the Con- from Reserve Fund. This enables sulting Committee for the ons us to recommend a dividond of ing your.
Wonderful Debt Reduction..
a consumation devoutly to be and $6,000,000 subscribed, which wished for all last year, but we has strengthened our resources by have very nearly reached it now, the addition of $1,000,000 in cash, there being still two properties I now move that the report and which are not yot utilised to their accounts as prosented to this full value.
meeting be adopted and passed, You will notice that "In- and the amount available for dia. torost. Eaid and Commissions tribution be allocated as proposed. has risen from $96,572 to $130,482, Whon this has boon seconded I. LOCAL BOXING. but this is simply due to our shall be pleased to answer ques-
having carried a much heavier tions.from sharoholders. overdraft througgout the year. There were no questions, and MONOHAN TO FIGHT But bosidos "Intorast on Over- the report; and accounts ware CARTLIDGE, :: [draft," wo bad to pay a further unanimously adopted on being
$75,045 for interest on mortgagos soconded by Mr. H. P, Whito, Wo.learn that word has been of the now godowns, the full BUSINESS MATTERS. received that Jerry Monohan 18ournings from which, however,
In announcing that the nort due here next month, when he wore not as I have explained business was the re-election of a will be matched in a fight against available to off-set this payment. Consulting Committee, the Chair- Jim Cartlidgo.
We have, however, at last, die-man said-Wo have, I am sorry This information comes in a posed of the Konpody Town pro to say, lost an old friend by the letter, written from Manila, which party at a profit of about $225,000. daath of Mr. U Pol-on, who Monohah has sont to Mr. Brook, which will be a very substantial sorved on the Committao almost.
"
SEAMEN'S UNION.
from the very start of the Com-
$1 por shero or 10%, put $10,000 Muara, Linstead and Davies
was possible out of our own resourcos.
The total expenditure for the year would be £700,000,000 and hoartily to subscribe. the total revenue, on the oxisting basis of taxation, would be At the conclusion of Mr. Asquith's specch, Mr. Asquith and £828,000,000 leaving a surplus of £38,000,000. The Govorumont Mr. Lloyd George walked to the Treasury Bonch and shook hands was unable to endorse its predecessors' Imperial Proference pro with Mr. Snowdon. A little earlier Mr. Austen Chaniboriain throw posals. It greataly regrotted any disappointment to the Dominions, the Chancellor a noto with which the latter was most pluused, but bo declared that the late Governmont was responsible.~(Loud
The McKenna Duties Explained, de Opposition protests), No Government should attempt to bind The McKenna duties were a war measure, imposed in 1916. Mr. Parliament over a period of years upon such a controversial issue Bonar Law undertook to remove them after the war. They includ- LEADER ABSCONDS WITH to predit of Roserve Fund and and Mosers. Poroy. Smith, Soth | write off $4,183.79 from Godown and Floming were re-elected. ariffs, as it only resulted in raising hopes which were bounded tariffs of 3314 por cont. on imported motor cars planos, watchos,
Equipment and. Furniture. Ac-auditors for the ensuing year at sooner or later to be frustrated. The Government did not propose clocks, cinema films and a few other artioles. There have boon in- the abolition of the proferences now onforced; but reserved its full timations in the papers lately on the part of a number of manufac
count, which I trust will be a remuneration of $700 each, on Alberty to propose to Parliament the reduction or abolition of duties turas in the trades concerned, particularly motor car makers, that The North-China Daily News approved by shareholders. We the prosition of Mr. Samy on all commodities to which a preference was now applied, when the abolition would mean wholesale dismissals of workers. Henco understands that the leader of are, of course, practically paying seconded by Mr. Munton
yet doonlod expedient The Government would give an early there was a doubt whether the Labour-Government would abolish the seamon's strike two years this dividbud out of previous Thinwall: the buaturas, the
Planta hatia Abegonded, inrolls, and in the ordinary course fan de tonalit,lain 22 | Z WOCHITTENSAMKOMd and if the Hollo adopted anys of date of ABOLITION
$5,000,
* Bhanghai, April 29,
prision in the Finance, B}}Lİ » SALTA