DIAMONDS IN A COPPER SETTING
INCONGRUOUS — you say? You two ayos, far more precious than diamonds are often supplied with inforlor, poorly fitted glasses, Choop glasses-dotract from the natural beauty of the eyes as would the copper setting from the diamond. For this, if for no other
· reason, good glasses pay.
N. LAZARUS
"Hongkong's' Only European Optician, 12, Queen's Road, Central.
The
Hongkong Telegraph.
FOUNDED 1582
No 21,004
三拜禮 號十二月十英港香 WEDNESDAY
SWATOW "DIE-HARDS ACTIVE DOLLAR SLUMP.
SEEKING TO OBSTRUCT EARLY
RESUMPTION.
LOWEST FOR ELEVEN YEARS.
MAY DROP EVEN `FURTHER.
OCTOBER 20, 1926.
$30 PER ANNUM.
HOTAR DIGEL COPY TO DENTA
CHINESE RUNS AMOK STRAITS BUDGET. PREMIER'S
AT SHAUKIWAN
ATTACKS OTHERS WITH AN AXE
ONE MAN KILLED.
BIG SURPLUS AT END OF YEAR
GOOD TRADE OUTLOOK.
Generally, healthy conditions
KOWLOON-CANTON TRAINS. man-in-the-street, alarming slump shipbuilding yard at Shac wikan annual Budget speech, from which
A further sigh of the improved conditions between Hongkong and Canton is to be found in the fact that as from Monday next, a through railway service will be resumed, the aphedule including the running of an express train both from Canton and Kowloon.
Conditions at Swatow are fully detailed below by our corres pondent there, who states that the "die-hards" in the boycott movement are working hard to hinder the resumption of normal. conditions. At the time of writing, the Chinese employees of foreign firms have not returned to work.
There are practically no new likin station had offered a monetary developments in the general situa solatium to the family of the dead tion to be reported to-day, except through the Union, but this has ing that further shipping activity been refused by the Union. It is has to be recorded. The general said that the Union has decided to feeling is that trade will from now send a large deputation to the La onwards gradually improve between bour Department and demand Hongkong and South China parts. adequate punishment of the offen
The opening up of communica-deru. This decision is said to have tion with Wuchow has definitely the support of the other unions. started by the departure of the
THE SWATOW POSITION. Kwong Fook Cheong, which left Hongkong for that port at five o'clock yesterday.. The San Nam Hoi has cleared for Kongmoon and will leave to-day at 7 p.m. The fol- lowing river bonts have cleared for Canton:-Fatshan, Lungshan, · Sai On, and Kwong Tung.
ton.
f
"Die Hards" Still"Active. (Our Own Correspondent.)
Only one thing is really certain Shortly after midnight, a Chi-were referred to by H. E. Sir about the remarkable and, to the nose ran amok in the Tung On Laurence Guillemard, Governor of the Straits Settlements, In his
we take the following extracts:
We commenced this year with a budget showing a deficit of over $7 millions, and we have since made considerable special provi- sion for Items which could not be Mok Sang, brother of the man, foreseen when the year's budget states that awakened by the com- was prepared. motion, he jumped up from hisIt is now estimated that the bed to see the latter stooping over revenue for the current year will at a foki The foki had already ro- amount to $86% millions do that ceived a number of cuts, fortunate the surplus will on the year's ly not of a very serious nature, working be reduced by nearly $3 before the axe was wrested from millions. the man.
in the sterling value of the Hong-West and attacked a number of kong dollar, this morning quoted folds, whilst they were asleep, on demand at 18. 9.11/16d fall with a carpenter's axe. He had of 1% alnce Saturday, and of lid, fatally wounded one man and since, the beginning of August-seriously injured another before and that is, further fluctation can he was arrested. not be influenced locally
It may drop even further during the next fortnight, and it is signi- ficant in this connection that bar silver, ready, was quoted 24.5/16th this morning, and bar silver, forward, at 24.1/16th."
4.
BAT
ust
YOUR next battery abould be a
COLUMBIA,” Famous
service they ronder."
THEDRAGON MOTOže
BS WONE NEU CHUNERD,
SHARRY VANKAUFS
the
EMPIRE REVIEW.
OPENING SPEECH AT IMPERIAL
CONFERENCE.
IDEALS COMMON TO ALL.
At the opening session of the Imperial Conference, a most important speeon has been delivered by, the Premier, Mr. Stanley Baldwin
In a comprehensive review of Empire, problems, he anumerated the many tics which bind the nations of the Empire together, pointed out the necessity of a common policy on foreign affairs, dwelt on the closer contact now existing between the varioue parts
• of the Empire and the growth of a unified system of Imperial defence, and urged: an extension of Inter-Imperial trade...
The speech, as broadcasted by the British official wireless at Rugby, is as follows:-
family."
Rugby, Oct. 19. other different in kind as well When comparing these nrst official act to-day passed un- stands towards nations outside the The Imperial Conference, as ita degree from that in which each figures with those for 1025 it must Lying on the floor was another be remembered that the revenue animously a message of greeting fokl, who had already been fatally for that year was swollen by the and fidelity to Their Majesties the India, injured. This man died before receipt of $20 millións from the King and Queen and expressing the
the arrival of the police
Currency Commissioners surplus and the expenditure by $80 mil lions paid to the Oplum Revenue Replacement Fund.
The primary cause of the collapse is this weakness" in the silver market, originating with the recommendation of the adoption of the gold standard in Yesterday, silver reached a new low record in New York, "and di further selling" continues there may be further collapse, with cor- responding dropping in value of the dollar.
j.
BETTER FOR BUSINESS.
a
1;
WANHSIEN VICTIMS
DEPENDENTS.
DIO SURPLUS.
COMMON POLICY ESSENTIAL
8 o'clock in the mornings, reaching who had returned from Canton on As to further fall, he thought are many who would be willing tomonts will amount to $20% long in the history of a nation, ed by an Empire Delegation at the
it possible. The biggest buyers of silver were Calna and India. India wanted no more, and the price would not be Hkely to im- prove unless China: bought heavi
earnest hope that Their Majestics. might long be spared to strengthen Nowhere had the necessity for the ties of affection and devotion Governments, of the Empire been adjusting the relations between the uniting the peoples of the British Commonwealth under the Crown, glon of the foreign policy. He re more conspicuous than in 'the re
Mr. Stanley Baldwin then ad- called that at the Imperial Confer The surplus at the end of the dressed the Confe
after once of 1911, Sir Edward Grey welcoming the members ho pa(now Lord Gray for the Brst time Swatow, Oct. 18.
LOCAL FUND TO BE OPENED year is, therefore, estimated attribute, to the memory of two men made a comprehenalve statement Although the strike pickets A prominent business man, in
$60 millions.
who had made a great contribution on foreign policy to the representa have been dispersed, as promised conversation with a Telegraph re- It has been decided by the local The memorandum of statistics to previous, Imperia? Conferences tives of the Dominions Lord Grey- by Canton Government, no other presentative this morning, was of branch of the Navy League to open which has been circulated shows and whose deaths were deeply, de, then gollited out that the creation RAILWAY SERVICE RESUMING.
steps have been taken by the local opinion that the dollar had now fund for the dependents of those the probable position in regard to plored by all, namely the late Mr of separate fleets Addzorces In the authorities to counteract the reached its proper level, having by who fell in the service of their assets and liabilities at the end of William Massey, late Premier of Dominions had rendered essenti Another sign of the changed activities of the various Unions, some agency been bolstered up for fellow-countrymen.
the current year, and it will be New Zealand and the late Lord common foreign policy for Ema conditions between Hongkong and with the result that none of the months. He regarded a low dol In addition to the officers killed observed that of the surplus $28 Curzon, late Foreign Minister Ifire That problem we had al- Canton is forthcoming in the now strikers have as yet returned to far as better for business general there were three A. B's, and one millions is expected to be in liquid had been suggested, from time to ready gone some way to meet. that, as from Monday, through work.
ly, pointing out that exporters Lording Seamen who have each form. Our commitments Bre-time, he said, that little was ac-The first conspicuons demonstratione railway services will be resumed on The corabined Unions held could take full advantage, while left behind them a wife or mothes gards loans from that surplus will complished at these Imperial on the changes which had talen the line between Kowloon and Can-mass meeting on Saturday at the imports would be reduced, thus who weretuither wholly or partly the amount to $7 millions. gatherings. Slice the flat Colonial place in the sphere of foreign So that our available cash, after Conference was held in 1887, less affairs was the Imperial War Co The schedule arranged is that an Kuomintang Offices, which was stimulating the sale of local pro- dependent on them.
addressed by the Union delegates ducts.
The Committee feel that there providing for our loan commit than forty years had elapsed not binet of 1917. This was follow express train will leave Kowloon at Canton at 12.50, whilst a slow the previous day. Mr. Tan Kai- through train will leave Kowloon in the senior delegate, reported at 9 a.m. daily. From Canton to the meeting that, in spite of re- there will be a slow train at ports to the contrary, the boycott had not been called off in Canton 8.45 a.m., and an express at 8 p.m., the latter reaching Kowloon at and that employees had not re- 7:20 p.m.
This service will be turned to British firms. maintained until further notice. He then explained that all that The fares will be:-First-class, had happened was that it had been $7; second-class," $4; and third- decided by the Canton Government cluse, $2.
that the "blockade" of Hongkong no longer to be enforced. This would, of course, apply Business amongst Chinese mer-equally to Swatow, but that only chants in Canton is still being meant that steamers could run hindered by the. heavy taxation between Hongkong and Kwang- levied, and it is reported that a tung ports, not that they could newly-constituted commercial land British goods and not, that group, including the Chamber of cargo could be landed from, or steamers. Commerce, is to meet to-day for shipped on British the purpose of protesting against After a lot more of this sort of the re-imposition of the capital talk, it was decided to form a new Society to continue and intensify With regard to the future em- the anti-British movement. ployment of the boycott pickets, it When the result of this meeeting is stated that several hundreds of was made known, it came as a these are to be trained as pro- great disappointment to all con-. pagandists and military reserves, cerned, Chinese and foreigners alike, but subsequent reports from for the purpose of being despatch different, Uniona indicate that, ed to Hunan and other territory which has recently come under the although the "Die Hard" faction control of the Cantón Government, of the strikers are doing their
:
BUSINESS HINDERED.
and investment taxes.
'LABOUR, TROUBLES.
enterprise and to trade in general.. The members of the Four Mer-
was
NO FROPHECY
contribute something towards millions to meet the deficit on the much less of a great Common Peace Conference Ab the last two those bereaved in this affair
Part of the proceeds from the budget which will be considered wealth of Nations. Yet in that time Imperial Conferences not only had concert on the 21st inst, will be the Council to-day and other how much had been accomplish a common understanding Been or foreseen calls on our funds which led? In 1887 there was no Comrived at regarding the principles devoted to this purpose,
All donations should be sent to do net appear fully in the budget monwealth of Australia and South which should govern the ránin Mr. A. J. Bird, c/o Chartered Bank as well as unforeseen expenditure. Africa, no Irish-Free State and no issues of, foreign policy, but also full representation of India such agreements had been reached on the of India, Australia, and China, and
TWO LANDMARKS an existed to-day. Apart from deadministrative side of foreign re The manager of one of the big-will be acknowledged in the Press.
The opening of the new College fence, hardly any matters of lar-lations in matters of major in gest local banks, Interviewed to-
of Medicine and the new General ger policy came before that portance. Reference need only be day and naked his opinion of the
Hospital in Singapore are land-first Conference which was confined made to the part played by the Con tendency, declared that he was
marks in our medical history. At to questions not indeed without imference of 1921 in the discussion not a prophet. The dollar's sterl
the college, the facilities offered Portance but mainly of a secondary which preceded the Washington ing value depended entirely on the
BY THE EAST SURREYS now exceed those available in some kind. The present Conference Disarmament Conference, and to state of the silver market.
On the morning of embarkation of the Home medical schools, while would not be confined to questions the work of the Conference of 1928, Its discussions first on the problem of Reparations talked with exchange brokers, and for India (probably 27th inst) at the General Hospital, the bum of that order.
the
A Telegraph representative also
and
GOOD-BYE MARCH.
and relations.
TIES WHICH BIND,,,
one of them said that although the 1st Battalion of the East Surber of in-patients' has increased would extend over the whole field which led up to the agreements slump was remarkable, rey Regiment will carry out a fifty per cent. since the new of Imperial and international poller reached in 1924, and, secondly, on
short Route March prior to em-buildings were occupied. further, might continue. the undertone was easy. There barkation. The route will be: may, after a few months, he added Murray Barracks, Post Office, Star be a reaction in the other direction, Ferry, Hongkong Club and return
to Murray Barracks. and the dollar might recover to a
The GO. C. the Forces in figure somewhere about 1s. 11d.
South China, Major General C. C. The general opinion is that the Luard, C.B., C.M.G.; will take the dollar, unless anything entirely salute opposite the Cenotaph. unforeseen happens, will be un- The date and time of parade likely to get back to the 23. 3d, and will be notified later over, which prevailed in July.
:.
SHARE FORGERS.
BIG GANG ARRESTED IN
WARSAW.X
Warsaw, Oct. 19,
the question of smuggling off the United States coast, which result These compare favourably in
ed in the conclusion of a Treaty for fittings, and equipment with first
This growth of the importance the regulation of the liquor traffic: class hospitals elsewhere. It is expected that all the buildings will of the matters which had come be. Apart from the meetings of the be completed by the end of 1927. fore successive Conferences was Imperial Conference there had been A staff adequate to the resulting the outcome of a very conspicuous a number of International Confer enlarged hospital is being provided, and far-reaching change which had ences since the war at which the The total value of all rubber ex-taken place. during that time in the Dominions had been represented. ported from British Malaya during parts of the Empire. Coupled and played an important part, in ad the year ending July 31, 1926, was with the continous process of the ex-dition to the periodical meetings $891,871,000 of experts totalling tension of self-government and the of the Assembly of the League, of 860,678 tons against $420,817,000 development of national conscious Nations where there had invariably on 233,649 tons in the previousness, there had been the continu been close and constant touch bt year, and as compared with $141,-ous necessity for adopting the re tween the respective representa 208,818 on the export of 222,996 lations between the Government in tives. tons for the pre-restriction year Great Britain and the other govern
ments of the Empire to an altered ending July 31, 1922.
SEX MONTHS' TRADË.
CLOSER CONTACT.
state of affairs. It was in guiding Side by side with the increase in this growth and in assisting this the opportunities for inter-change
Some people were surprised to utmost to hinder a resumiption find the dollar drop immediately. of trade, the majority are more on the announcement that the boy- than anxious to return to their cott was being called off, but this Reports from Canton show that fermer employment and forget the was the natural tendency on a free- labour troubles continue to be a serious menace to all industrial experiences of the last sixteening of money, and this way
months,
actually the only local influence on The Commissioner" for Foreign the dollar's sterling equivalent. The police have arrested twenty
The total declared value of the adoptation that the value of the of views afforded by personal con- chants' Union have therefore de-Affairs was interviewed this morn- The sudden drop is causing some men, forming the Executive of cided to present a joint petition toing on the subject and stated that alarm amongat persons due for what is stated to be the largest trade of the Colony in merchandise successive and increasingly fre tact at such conférences had gone the Central Executive Committee he had not received any instruc- Home leave shortly, and in some gang of share forgers in Europe for the first half of the year shows quent conferences had lain. With a continuous increase in the diffus of the Kuomintang asking the tions from his Government with cages individuals who have been Their forgeries, amounting to an increase of $295, million over out them it was hardly conceivable sion of information. Day by day Government to hasten legislation regard to former employees return-holding on to dollars in the hope several hundred thousand pounds, that of the same period for 1925, that the changes of the past forty the Prime Ministers of the Dovin- for placing the Labour Unions Ing to British firms but that he of a rise have been badly hit have been distributed throughout or 27 per cent. Of this total years, so far from wenkening the ions were kept informed by cla within the confine of laws, as pro-
with the would communicate
An instance of a man going Poland, Germany, Austria and exports were $144 million and in-tles which bound the Empire to gram and despatch of every import mised by the authorities. There Unfona should he hear from any are still many disputes between era-fums desirous of obtaining their Home on retirement was quoted to France. The police have alspports $151-million settler, should have contributed to ant development and tendency. us this morning. With exactly closed down a large printing and The total declared value of mer that fine mental unity and strength. The present Prime Minister of ployers and employees unsettled, staffs. and some of them are reaching to ́a,
The s.s: Haining arrived here on command, he has lost 2350 since gurs and which handled many bang isine $668 million, increasement and admiration of the world system by the appointment in Lon the same figure in dollars at his engraving plant used by the-for-chandise exported amounted to which displayed itself to the amaze Australia had supplemented this during the four years of war, "We don of personal liaison officers in climax, threatening, the closure of Saturday from Hongkong, and, for Friday.
fide dealsReuter..
over the same period for 1925 of have gradually built up a whole close touch with the responsible Unless these the first time since the strike many businesses.
$144 million or about 28 per cent network of contacta extending authorities in this country.. Rubber was responsible for about throughout the entire fabric of our beginning had pleo, been are quickly disposed of, the longed-started, brought some 300 deck pas- for revival of trade will be greatly sengers. Eventually all these pas
$97 million, rice, copra, tin, and respective national organisations, the more formal side in indicat hampered.
cotton ploce goods also helping to official and unofficial. This not the principles governing our songers were landed, although at
swell the total work extends from the Crown, and International relation As the Kuomintang is about to first-it was doubtful whether they
increased by over 10,000 tons or through the whole range of Govern resolu according to the party's pro- not. The sampans were still
Shanghai, Oct. 19. gramm the merchants contend nervous about going alongside when it rose to the sensational The British missionary evange nearly 9 por cent while the valement activities justice foreign tatians and that Labour Union legislation British steamer and the first few figure of us: 2d and the lowest itat damed Ryding, who was cap shows over 50 per cent. advance policy, defence, finance, trade con Treaties should take priority over political demanded $2 a passenger and then being la. 6d. In 1802tured by bandits at Chenifu, near The total declared value of mér munications, migratio and military questions. would only land on the Kakchloh
Only thirtoon times during the Kaifeng (Henan on October 5th, chandise imported for the half and so forth and is completed by and whe It is also reported that the side. Later, however, they became past afty years has the dollar was, it is now learned, released on year 1028, amounted to $708, mil a thousand social links of race, ro by all the Governm Stevedores Upton has threatened braver and took out large boats fallen below 1s. 10d., the last October 18th
lon, being an increase of $151, ligion, language, science, literature here It might to go on striko, on account of the and landed the majority at the previous ocension being in 1415, Hertogether with his servants, million or 27 per cent, rubber, rice, drama and sport. death of one of its members whilst Customs House at the usual rate when it stood at 1s. 9d., the rate were made captive during the motor cars, and cotton plecs goods derive those common ideo under detention at the likin station of 20 cents a head.
in the previous year being as low course of a big bandit rald being mainly responsible, in Canton. The collector of the (Continued On Pajo 12.).
Tao L, 81⁄4d.
Continued on Page
L.
PAST. · FIGURES.
It Is Interesting to recall that MISSIONARY RELEASED within the past fifty years, the
enter upon a period of construction, were going to be able to do so or Hongkong dollar has fluctuated IN CAPTIVITY FOR A WEEL The quantity of rubber exported which unites all by a common bond, Ho would mention"
considerably in sterling value, the pinnacle being reached in 1920
punication, ther
inter-Len which
the
hich was
ince