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KOWLOON HOTEL
KOWLOON.
UNDER THE PERSONAL SUPERVISION
AND ATTENTION OF
W. J. WHITE.
Phone No. 5EDOK,
Cable KowLOTEL Hongkong.
PALACE HOTEL
Tel. Kowise No. 3,
Tel. Address "Palace."
"
A First Ginas Residential, and Tourist Hotel with all the con- ventences of a Horse. Uador Entirely European Management. Cosy Lounge and Billiard Saloon. Three minutes from Ferry. Families
■pecially entered for. Moderata terta
----
Music
Daily.
MRS. J. M. OXBERRY,
Proprietress,
PENANG
Dinner
Dance
Twice weekly
RUNNYMEDE HOTEL.
The Premier fit in
With beautiful private lawns to the Sea.
TWENTY ADDITIONAL ROOMS-COMPLETELY MODERNISED AND RE-FURNISHED ARE NOW READY.
CABLY. --- "RUNNYMED.”
RUNNYMEDE HOTEL, LTD. George Goldsack. Manager.
EUROPE HOTEL
SINGAPORE.
- RENOWNED BY RECOMMENDATION"
DANCING:
MUSIC:
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After Dinner every Tuesday, Thursday and Saturday.
On the VERANDAH every Saturday from 12 noon to 1.30 p.m. nud overy Tuesday, Thors. day and Saturday from 7.30 to
30 p.
Telephone. 5341 8 lines) Cables "EUROPE" Singapore.
M
ASSEUR R. SHIMIDZU. ASSEUSE S. HONDA. ASSEUSE 3, KISAKI
Recommended for many years
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Government Civil Hospital, Penk Hospital, otc., and by all the local doctors.
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Wyndham Street.
316
THE HONGKONG TELEGRAPH, MONDAY, MARCH' 2, 1931.
INDIAN DUTY ON SILVER.
REPLY TO THE AMERICAN CHARGES.
New Delhi, Fab. 28.
The new Budget for India pro- viding for increased customs duties, includes an increase of two annne per Ounce on silver bullion.
HOME POLITICAL SITUATION.
FRESH CHALLENGE TO MR. BALDWIN.
London, Feb. 28. tinuance of Mr. Stanley Baldwin's A direct challenge to the con-
leadership of the Conservative Party is likely to form an out- standing feature of the Parila- mentary by-election at St. George's, Sir George Schuster announced Westminster, caused by the death hia Intention to appoint a Reof Sir Taming Worthington Evans. trenchment Committee of seven
The potential Conservative can- members, and declared that didate was Lt-Colonel J. T. Moore change the rupee from 18 to 10 Brabazon, who to-day intimated pence would be fatal to India's his withdrawal from the candida Anancial welfare. Te vehementare; in view of the fact that an ly emphasised the necessity for independent Conservative caution, economy. and co-opera-Ernest Petter) has appeared who openly questions the wisdom of
tion.
The "New Party."
(Sir
In announcing the silver duty | Mr. Baldwin's leadership, regned-| Sir George Schuster referred to Ing which Lieut.-Col. Moore the suggestions that the Finance Brabazon says that he himself has Minister should discontinue sales expressed misgivings.--Reuter, while the fresh output from the silver mines was to continue un- interrupted. He described it as
Landon, Feb. 28. an astonishing proposition." He A "New Party" was formally contended that the increase of launched by Sir Oswald Mosley two annas per ounce was clearly labour) to-day, who issued justifiable, and denied that itstatement declaring that sutleient might check the consumption of support had already been mured silver in India. Regarding the hoth in Parliament and in the maintenance of the price of silver, country, and appealing for volun- however, he referred to his Inst
tary workers and financial assis- year's offer of co-operation with
Lance. other silver interests. "Unfor
The Party aima at running 400 tunately the only direct response candidates at the next election. as been from the United States The new organisation challenges. fiver producing interests on the alike Free Trade, which exposes lines that while the production ofthe Home market to the chaos of
Y silver should remnin
** world conditions, and Protection restricted. the Governments hold: which would protect the employer ing stocks should refrain frown. selting." He was sure the mem- hers would not expect the Govern-the consumer. ment of Indla to abandon the
Silver Consumption.
ת 11
at the expense of the worker and
On the contrary, the Party alma
of a
country's rights by neceding at a system of Pretection of all
Lo "Any such one-sided agreement sections; the maintenance
stable market; a hich standard of Life, and a dealt plan of reur. Sir George Schuster further anisation, including the Baking emphasised that the whole worldof the Dominions and Britain by a depended on India as a consumer. Now economie organisation-for- She absorbed 108,000,000
uuneeя
of silver aminally for the past
fer.
tive years ending March 31, 1930, Agricultural
Research would
and necording to present indica-shortly submit schemes. [thans her absorption for the rupe A surcharge of two and a half rent year would reach this aver por vent, will be levied on The age, while from her own holdingsuresent Customs 10 per cent. The Government of India had soli | schedule, and five per cent, un the only a total of about 90,000,000 16 per cent schedule, including onnees, He declared that India cotton piece goods, and 10 per must retain a free hand. We cent, on the luxury schedule. must ask ourselves whether co- peration is likely to lend to de. sired result. The more I study the matter the more convinced hundredweight, whilst there will become that the fall in the price of silver is part of a much wider movement, and the more doubt ful becomb whether silver cun dealt with successfully in isolation."
મુ.
Olher. Metals. Also,
Sir George pointed out that the fall in silver prices has not really been out of relation to the fall in
the ease of other metals, and ex-
The duty on all grades of sugar
is increased by 20 annas
per
an increase of two annag per gallon of motor spirit and nine pies per gallon of kerosene.
Sir George gave the following hends under which it was pro- rosed to increase the substantive Silver tariffs. Liquors, Sugar, Bullion. Bete Nuts and Spices. und Exposed Cinema Films.
raised about 66 per cent. above
He said that beer would be
pressed the opinion that the the present level and the dutier causes might be the same.
Any
on wines and spirits (except de- action which does not touch the natured spirit and spirit used in pauses of the disease can hardly the compounding of drugs and medicines) would be raised be. la likely to provide 4 sound remedy.
..If there is
is to between 30 and 40 per cent. international conference for Apart from Sugar, Silver Bui-
dealing with silver it will be of lion' and Liquors, other items far greater value to the world if mentioned would be transferred it can also deal with those other from the general rate of duly factors in the present world situs (now 16 per cent, ad valorem, to tion which might be affected by the luxury rate of 30 per cent. international co-operation."--Ren-
tr
The Indian Budget.
New Delhi, Feb. 28.
The Budget, which was present- ed by Sir George Schuster, Pin- A Member of the Executive Couns B. showed a defler of Mg crores of rupees after severe pruning, including a reduction of
Sir George Schuster declared that the inermase, in the sugar duly was purely Pavenne
consideration mendimi
of Farit Board's recommendations
the
177 lakhs on military expenditure. EUROPEAN
The new taxation is estimated | WATCHMAKEN, JEWELLER & ENGRAVER.
to yield 14 crores, 82 lakhs of ropees, and includes an increase un income tax and super tax ranging from two to five per cont.
, Nathan Road, Howloon.
Sir George Schuster said that from the balance of 31 lakhs it Sair and Repairing at Gold and Bliver Goods. was contemplated to make certain Any kind of Walcher, Chronomastare, Chrono
|arapha, Nepenters, Speedometers, Tynewriters grants for beneficial purpeans, and anything in the line of delicate mochaniam. particularly from five to ten lakhs All orders szicated Bromptly at moderata in conexion with the encourage- ment at the sugar industry, in con- arxion with which the Couuell af
SALESMAN SAM
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