STANDARD
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.$9.70 per Gall.
$2.10
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50,, Drums..... $1.85
Tins Refllled ......$2.00
G. E. WARREN & CO., LTD.
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PUBLISHED BY
Frankli
Hongkong Teleph"
for The South Chirs bienlys Kust, Lid,
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The
Supreme Court
Dollar of Demari Lighting Up No High Wars122 pm. Low Water-9.57
Hongkong Telegraph.
FOUNDED 1891
NO. ALDI
四拜禮號三月七英港香 THURSDAY,
JULY 3, 1930.
HAMAR BINGAN DOPE 10 CENTS
030 PER ANNUM
NO JOINT MEETING OF PARTIES.
MR. BALDWIN REFUSES INVITATIONS.
UNEMPLOYMENT CONFERENCE NOT
TO BE HELD
!
LIBERALS IN FAVOUR.
Mr. Ramsay MacDonald's proposals that representatives of the Conservative and Liberal parties should confer with a committee of Labour Ministers on the subjects of unemploy- ment and agriculture have proved abortive owing to Mr. Stanley Baldwin's refusal to participate in the two proposed .conferences.
The text of the correspondence is now published and shows that Mr. Baldwin refused to confer on unemployment as it was their policy that a wide extension of safeguarding constituted the most effective help which could be given to industry. The other two parties were irrevocably opposed to this policy and therefore it was impossible for the Conserva- tives to enter a conference in which a consideration of their contribution was ruled out from, the beginning.
Regretting Mr. Baldwin's decision, the Premier wrote that the Government tried to secure a national effort to meet a special national emergency. The Conservatives had declined to consider a proposal to make this national effort.
Mr. Lloyd George, on behalf of the Liberals, accepted the invitations to both conferences and said that inter-party co- operation was necessary to put agriculture on its feet and reduce unemployment.
TARIFFS THE STUMBLING BLOCK.
You have yourself been at pains to indicate that no useful pur- pose would be served by a dis- cussion of these views in a con- ference in which two of the parties are irrevocably opposed to them.
ESTATE COMPANY
•
PROOFNANA
In the Davie Cup, out of 13:
· Countries antarać to date, .15: have decided, 'to, man" to DUNLOP Bail
For better Tennis): PLAY DUNLOP, the ball which has to its pre-lit the largest number -of tennis autosses evor schiet
red with a tennis halle
#12.30 ger dozen (itutuil) at at!! Stores. Lower rates for Clubs and Tournaments.
ESTATE COMPANY BANK DIVIDEND THE PIRACY AVIATION COMEDY HANDING OVER OF
LOSSES.
FORMER SECRETARY'S ALLEGED FRAUDS,
SETTLEMENT OF CLAIMS COST COMPANY $123,000.
REGISTER RECTIFIED.
Frauds said to have been committed by the late Mr. G. Rapp who, before his death, was Secretary to the Humphreys Estate and Finance Company, Limited, which cost the Com- pany a sum of $123,000 to meet claims on duplicate shares and forged transfer blanks, were explained to the Chief Justice (Sir Joseph Kemp) in the Supreme Court this morning.
Application to Court.
PROSPECTS.
INDUSTRIAL AND POSSIBLE LIQUIDATION.
POSITION EXPLAINED.
GUARDS.
COMPANY OPPOSES PAYMENT PLAN.
That the depostora of the In-TEST OF LEGALITY.
London, July 2
IN AMERICA.
FAMOUS AIRCRAFT DESIGNER ARRESTED & FINED.
NO FLYING LICENCE.
WEIHAIWEI
PERTINENT QUESTION IN COMMONS.
POSSIBILITY OF CHANGE IN GOVERNMENT.
heavily-laden WAIT AND SEE PLAN.
New York, July. 2. dustrial and Commercial Bank
Anthony Fokker, the famous de- Limited which suspended business.
signer of Major Kingsford Smith's yesterday morning may receive
"Southern Cross," was so elated The Evening News learns that at seeing the about seventy per cent of their money back was a statement the Ching Navigation Company "Southern Cross" take off here to made by a responsible officia! of has served a writ on the Attorney day that he jumped into a small the Industrial and Commercial General to test the legality of the sports plane, with a woman friend,
London, July 2, Bank Limited this morning to a Government's action in imposing and went through a series of At question time in the House Telegraph reporter. The Banka charge on shipowners for the aerobatics.
of Commons to-day, Major He was later arrested and fined Ronald Ross asked whether re official said that the assets of the Protection of ships in Chinese local office of the Industrial and waters against piracy-Reuter.
$500 for flying without a licence.garding the rendition of Welhai-
·Enquiries made this morning at He paid the fine, passed the Commercial Bank were estimated
the local offices .of the China medical flying tests and then at about $2,000,000, while the Navigation Company revealed that secured a licence.. amount
they were unaware that the Home-
office had taken this action, although they expressed no sur-
on fixed deposit is estimated at $1,500,000. The total account belonging to the current accounts and savings department prize. was given at about $1,000,000,
In reply to a question, it was stated that the attitude of ship-
Fokker has been flying for the past twenty years, but he never
Service.
wei on or before October 30 regard would be had for the local political situation. Mr. Henderson, Secretary of State
Major Ross asked whether it was proposed to hand over Weihal- wel to the Nanking Government, even if they were not in effective
held a licence.-Reuter's American for Foreign Affairs, replied that in view of the unsettled state of Anthony Fokker was born in the affairs His Majesty's Govern Commenting on his statement
Dutch East Indies and brought up ment must consider the circum- that depositors might receive owners operating in Chinese in Haarlem, delland. He con- seventy per cent. of their money, waters, towards the Government structed his first aeroplane at stances existing on the particu Mr. F. C. Jenkin, instructed by our informant said that this would decision, had already been fully Mainz, in Germany, and used it to lar date specified in the Con- Mr. M. H. Turner, of Messrs. only be possible if the Hongkong revealed in the local Press and train himself as an airman. His vention Deacons, on behalf of the Com- office liquidated separately from reports of the Chamber of Com first flight was made in 1911, and pany, made the following applica- its Shanghai and other branches in merce.
In the following year he began the tion to the Court: "That the the chief eties of China.
Meanwhile, we were informed, erection of a factory near Bertin, register of members of the Com- It is gathered that if the bank the Company is waiting for the where he built planes according pany may be rectified by remove has incurred loses these have been time when the guards now in
to his own designs. ing therefrom the names of per- caused principally at Shanghai. training will be ready for their for airmen in Scherwin, to whiched whether there was a possibility In 1918, he established a school control of the area. He also ask- sons Bet out in the schedule | If it had not been for the serious work.
he later transferred his works. of Weihaiwei being handed over attached hereto as the holders of position facing the Shanghai It will be recalled that early in After the war, he went to Amster to any other Government in China. the respective abares of the Com- concern during last week and June, dealing with the protection dam, where he set up the Nether- Mr. Henderson reiterated that pany as set out opposite their for the fact that the Hongkong of British shipping against piracy lands Aeroplane Works, and in the matter must be decided in the names in the said schedule, on the Office had remitted a sum to in China, Mr. Arthur Henderson 1923 he started another under light of circumstances then exist ground that the respective certi- relieve the Shanghai situation announced in the House of Com-taking, the Atlantic Aircraft Cor-Ing. The position was at present tained from the Company by rea- Hongkong Office being able to reached with the shipping.com- ficates for such shares were ob- there was a possibility of the mons that an agreement had been poration, in New Jersey. ·.. son of fraud, or that such other stand on its own feet to meet the panics regarding an extended order may be made as to the demands of its depositors. Court may sound just.” .
The same informant continued
that he was not so sure whether 9,000 Extra Shares.
It was possible to arrange a Mr. Jenkin said the application separate liquidation, although he was to wine out certain shares believed that such a thing might which had been fraudulently creat- be possible. He concluded by ed by the late Mr. Rapp, who was saying that anyway the depositors the Secretary of the Company, stand a good chance of getting Counsel explained that the fraud more than half of their money had been committed upon the back, although the same might not Company by obtaining duplicate be said of the depositors in Shang- certificates and forging blank hai. transfers, with the result that Concerning the meeting held certificates for an extra 9,000 yesterday afternoon among the shares over and above the issued Directors and management of the capital of the Company had come Industrial and Commercial Bank the latter had a long, discussion. Counsel .continued that the They telegraphed to their Shang- names of the holders of the shares hai and branch offices to get the were set out in a schedule attach- opinion of the other directors on
the present situation.
London, July 2. The text is published of cor respondence which has passed be tween the Premier and Bir. Baldwin and Mr. Lloyd George, leaders of the Conservative and Liberal Par- ties regarding the holding of three
It is impossible for us to enter party conferences on agriculture and unemployment. The Premier a conference in which a considera-into existence. invited Mr. Baldwin and Mr. Lloyd tion of the contribution which we George, with their colleagues, to have to make is ruled out from tako part in such conference. the beginning, and we are expect
Mr. Baldwin declined the invita-ed to assume as a basis of our dised to the notice of motion and
recussion the continuation of à tion to both conferences. In
80 gravely gard to the unemployment confer policy which have
added to national distresses." ence he said:
Former Conference.
"You have made it perfectly clear that whilst inviting other parties to confer with you, you reserve to the In declining participation in the Government alone the decision as to proposed agricultural conference, what is to be done. We are, in Mr. Baldwin pointed out that he had fact, invited not to a Council of agreed to a conference of agricul- State whose decisions will prevail,tural representatives от в пол but to a conference in which you party basis. This had met and had will submit to us your proposals reached certain unanimous when they are matured with the [cisions. purpose, and sole purpose, of ascer- Measures which the Conserva- taining what facilities we will active Party regarded as essential cord for their execution.
י"
Striking Innovation.
were dealt with in greater detail in an attachment to an affidavit by Mr. J. D. Humphreys, filed on July
2.
Since yesterday it is understood that the branches of the Industrial and Commercial Bank in Yaumati, Shanghai, Kongmoon, Canton and Hankow have suspended business. In a statement to the Chinese
Police guard organisation which,
too unsettled to say what His Majesty's Government would do..
Major Ross-Will Weihaiwel
it was hoped, would replace the MARINE MAGISTRATE not be handed over as provided in
present military guard system beginning in July.
On June 17th, in the House of
Commons Mr. C. G. Ammon, Par- liamentary Secretary to the Admiralty, said the substitution of police for military guards on mer- chant ships in Chinese water would cost about $80,000 yearly.
Mr. Amman added that the cost would be borne by shipping com- panies.
TRADE HANDICAPS IN KWANGSI.
"SQUEEZE" PAID ON ALL HANDS.
si forces.
ROBBED.
HOUSEBOY SUSPECTED OF TAKING MONEY.
the White Paper?
Mr. Henderson:-The Hon. Member must wait and açe. Reuter,
The Convention.
The fact that the Marine The Convention for the randi- Magistrate (the Hon. Commander tion of Weihaiwel consists of G. F. Hole) has been the victim twenty articles with two annexes. of a robbery is to-day disclosed in and an agreement. an official report issued by Polica Headquarters.
DR 2.
The first article announces that the territory of Weihaiwei, 'in- According to this, Commander cluding all. the islands in Welhal- Hole is stated to have informed wel Bay, are hereby returned to the police that a thlef entered his China. The second abrogates the bedroom and stole from a dress 1898 lease; while the third states ing table a wallet containing $139. that the British garrison shall be The theft occurred some time withdrawn, within a month of the between 3am and 8.30 am. en enforcement of the Convention. Monday. Suspicion falls
The fourth article provides that houseboy, named Tong Jaing, who all useful archives, title deeds, is said to have previously dis-, etc., shall be handed over to China; appeared with $60 which had been while the fifth provides that all entrusted to him.
lands and buildings belonging to The police are making en- the British Government shall be quiries.
presented to the National Govern ment of China. The sixth states that all works and purchase shall be handed over without "compen- sation..
+
DROWNING TRAGEDY AT HENLI.
Wuchow, June 28. Travellers arriving here from It appeared from an affidavit by Mr. Henry Humphreys that, with
Northern Kwangsi report the same one exception, the present holders of Press, Mr. T. II. Lin, the Manager throughout the Province & ces- condition which apparently exists the forged certificates had been of the Hongkong. Office of the sation of active hostilities on the traced and any claims the holders Industrial and Commercial Bank might have had against the Com- said that consequent on the "run" part of the Cantonese and Kwang-
had been settled. The on the Hongkong and other
Evidently an economic crisis amounts by which the settlements branches of the Bank during forced a resumption of trade, at had been effected were shown in a the past few weeks sum least up the West River to Nan- VICTIM A SHANGHAI BRITISH | Government stores, including those
of over $3,000,000 had beenning and Lluchow. To Finglok
RESIDENT. schedule, amounting to $123,000.
withdrawn: This partly explain-and Kwellin, via the Fu River, ed the exhaustion of money, trade has also resumed, but not on
Shanghai, July 3, Caught in a strong current while a large scale.
In the eighth it is provided that giving the management no oppor- tunity of recalling back loans made
Both the Cantonese and Kwang-bathing at Henll with a friend, Mr.
Edward Cohen, a twenty-year-old the civil hospitals, including the
de- pany
for the restoration of agriculture
included the recommendations of this expert conference, Hitherto
Untraced Shareholders. Mr. Jenkin explained that there the Government had shown no will-was one exception, relating to
The seventh declares that the Chefoo-Weihaiwei.cable and
detailed in annexe one, shall be preserted to the National Govern- - ment.
This is indeed a striking innova-jingness to adopt any of these re- Chau Chung-pang, who would be by the Bank in the form of sl-armies collect their "squeeze" British resident, was drowned 'yes. } land, búildings and equipment in
proposed to
tion in our constitutional procedure commendations, but
under which such declaration of permit to the leaders of the Op policy would normally be made on position parties only the results of the floor of the House of Commons the Government's own study of the and co-operation of the Opposition agricultural problem. ns openly invited.
We are compelled, therefore, lo
Premier's Regret.
was
ask ourselves whether our participa- The Premier, replying to Mr. tion in a conference held in such Baldwin; regretted that the latter circumstances and under the re-declined invitations to both the pro- strictions proposed by you could be posed conferences. He said "I had of any public service. Our views hoped it had been made abundantly upon the unemployment problem, clear that the Government's pro- on ita causes and its remedies oposal was not as you say to confer far as they depend upon political with the other parties after it has action, have been frequently ex decided what to do, but before hav plained.
ing come to a decision and in the We' believe the principal hope that when a decision reasons for decrease in en reached it might embody commen found views be are to -ployment
"of confidence Jack
Of course the Government in industrial and business circles was to be responsible for the occasioned by the political and action finally adopted. Nothing. economic policy of the Govern- else Is constitutionally possible, ment and its supporters, and in but those taking part in ad- the excessive burden of taxatlon visory deliberations would be in laid upon industry in the execur no way bound to support anything tion of that policy.
in the
AUSTRALIANS AT BRADFORD.
Crown Leases.
the holder of 200 such shares mortgages and to other interests. and then the bands of robbers in aridas The tragedy intervened in Port Edward and Wenchuantang under the forged certificates. The Directors had found it impossible either to trace him or to find the present holders, if there were any. It was, therefore, asked that any order made should not prejudice any claim the holder or holders might have against the Company,
His Lordship granted the ap- plication, without prejudice to any claim by Chau Chung-pang, or any person holding under him, in respect of the 200 untraced shares.
"No Man's Land," between the
shall be handed over frée of lines, collect theirs also. Natural day's picnic. ly, in such circumstances,
An unsuccessful attempt to rescue charge.. only the rich can afford to buy import-named Fosynkoff. A dredging party Mr. Cohen was made by a man
ed goods.
subsequently recovered the body and Here in Wuchow, the high water brought it back to Shanghai,--Our crisis.seems to have temporarily Oum Correspondent. passed. The water has receded from the main street, but coolies will be kept busy for a whlte clear- ing away the huge mud deposits in the city-Our Own Correspondent.
PRESIDENT-ELECT OF BRAZIL.
ENTERTAINED BY BRITISH
PREMIER..
London, July 2. The Premier. entertained DA contrary to the views they ex- Jules Presta, President-Elect of pressed. The Government tried to Brazil, at, luncheon in Downing
Street to-day-British Wireless. secure a national effort to meet a We believe further that the special national emergency. The most effective help which can be invitation was therefore not given
The Tariff Issue,
་
PONSFORD GETS NEARLY HALF THE RUNS.
London, July 2. The Australians falled to find their best batting form at Brad- ford to-day when they were opposed to Yorkshire. The tourists stayed at the wicket all day, Ponsford getting the measure of the bowling and scoring freely. When stumps were drawn to-day the Australians had scored 294 for nine wickets, Ponsford being not out at 143-Reuter. ⠀
PROPAGANDA' CHECK INDIA.
BAN ON UNAUTHORISED NEWS SHEETS
“HEAVY RAINS IN
SHANGHAI. *
Shanghal, July 3
It is provided in the ninth article that all land previously owned by the Chinese Government or subsequently acquired by the British Government and all Crown leases on Liukungtao, shall be returned to the National Govern ment.
The tenth provides that the MINOR FLOODS CAUSED IN transfer of administration and
NATIVE AREAS.
públic properties in Weihaiwei shall take place on the day the Convention is enforced while the Many parts of Shanghai, especi-eleventh declares that after rendi. cally, the native areas, suffered tion, the National Government: minar floods yesterday, as a result agrees to maintain, as far as pos- of an extraordinarily heavy down sible, the existing regulations, in- pour which lasted all the morning. cluding the taxes, and-policing.
The rain was apparently due to
Simla, July 2, Lord Irwin has promulgated an METAL WORKERS ON ordinance against, unauthorised the nearness of the typhoon which
STRIKE.
news-sheet pafiers in order to was in the neighbourhood of the combat propaganda of the cycle- Pescadores.Un* Own Correspon style bulletin issued by Congress,, dent, LONG STOPPAGE LIKELY IN
-Reuter
Simla, July 2 GERMANY
The misapprehension in regard
AMERICA'S BUDGET. Berlin, July 2 to the recent proclamation that iven to Industry in the mainten-in order to open up ordinary AIRMEN'S PROGRESS.
the working-committee of the Fifty thousand metal workers All-India Congress is an unlawful ance and recovery of its markets | Party: controversy either on
SURPLUS LARGER THAN- lies in that wide extension of the agriculture or unemployment, but
EXPECTED. policy of safeguarding which rather to try and discover if, while HOOK AND MATTHEWS NOW are restless over the enforcement association has now been cleared of-Wage reductions. Strikes have up by the explanation that this ATAKYAB. forms one of the main planks in the continuing to advocate their own
been declared in several centres, applies throughout India and not
Washington, July 2, Conservative programme and in views, partios would confer on the
Rangooon, July 2.7
thesa involving the Phoenix and in the United Provinces alons. The surplus for the fiscal year securing and expanding its pos- peculiar needs of the moment andThe airmen Hook and Matthews, Krupps works, The Metal Work-The committee consists of fifteen ended yesterday amounted to 184, tion, in other parts of the Empire ece whether some action of a who are attempting a record fighters' Union announces that its members. The declaration does 000,000 dollars, the same as last byda system of preferential tariffe practical and perhaps temporary from England to Australis, have funds are sufficient for a long stop-not apply to ordinary membership year but larger than expected, with our Dominions and Colonies. (Continued on Page T.) arrived at Akyak,Router. page Retter.
of Congress-Reuter,
Reuter.
The twelfth ensures the validity' of title deeds, mortgage deeds, et cetera, issued by the British Government to Chinese fandowners in Weihalwel.. kan deta
The thirteenth article, states that all land titles of foreigners shall be exchanged for Chinese deeds of perpetual lease; äll British losses will be recognised by the National Government; if Weihaiwel be transformed into a Chinese naval base a joint, Sino- British commission will be 20- pointed to determine fair compen- sation for foreign groperty owners and leaseholders.
(Continued on Page L