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THE HONGKONG
TENNIS TOURNEY.
TELEGRAPH. TUESDAY, FEBRUARY 16, 1932.
OPENING DAY'S PLAY
DISAPPOINTS.
The men's singles tennis cham- planship of the Colony opened yos terday at the Hongkong Cricket Club, when nine fixtures In the first round were decided,
FASCISM AND ITALY
TOWARDS THE GUILD STATE.
SHOWING
WED., 17th FEB.
At the
KING'S
results were almost entirely theed by the extent to which econo-ALL BRITISH NEWS
WGA
in ne-
of
REELS
at 11.45 a.m.
Continuous Programme.
The old year in Italy was mark- mic problems have taken posses- cordance with anticipations. sion of Italians, from Government
oficials to Generally speaking, the tennis
Individuals of private not
of the Importance every category, to the exclusion nues of the ion and in several of political international
tlona. In dealing with Home Of Instances the players fell back on 10 pat-ball tactics which rendered them Mussolini has been able to their
uninteresting and set going with a sure hand the workings of a Guild State, The The rather
Fascist revolution has replaced Swimming lessons for tanka, the Liberal political and social Melbourne's Royal cattle Show. order of government by n differ-Yeomanry commomorates fallen ent type of economic and produc-
Rociety.
ety. in tive organisation of which the State enters the reno-To start days spin. mic sphere with courage and en- The voice of the people. terprise. The Fascist State COR trois, but does not inonupolise the Election Impressione, economic nelivities of the country, to the detriment of individual en-
elnims terprise. Mussolini
R. Chon, who was fancied to de- feat Wong Fuk-nam, failed to do so because he was lured lato aban
hia attacking doning most of
engaging his opponent in baseline such and proceeding to commit a sufficient number of blunders to give Wong the match after nearly two hours of unre- Heved rallies.
n
to
W. Sewell gave a praiseworthy display against E. S. Howard to
have avoided the defects of So. win in quick time, while P. R. S. Walsham revealed himself to be cialism a well as those Liber: the 1«384-19)* of quite a repertoire aliam, is realism, shutting out of strokes and a fast player on the any Utopian vision of abolition of euurt. His success was well de-private property, seeks, through the corporations, to abolish the "Inconveniences" of the capitalist system. When he announced this winter that Pascism would "go de- the cidedly towards the people." disciplining and not the dethrone Dent of the capitalist classes was
served.
Results in detall:
Open Singles. (First Round).
W. Wirth beat C. 1. Chan 8-3
1. Lo beat R. M. Wood 6-0, 0-4. G. W. Sewell bent E. S. Howard 6-4, 6-2.
A. E. P. Guest beat D. S. Green 6-4, 6-3.
J. J. Walte boat . Muhamed 6-2, 0.2.
P. R. S. Walshnin beat Luk Chan cheung 6-1, 4-6, 8-0.
(-0.
F. 11. Kwok beat C. C. Stark 6-3,
Wang Fuk-nam beat R. Choa 6-2,
G-7, 7-6.
3. W. Leonard beat W. J. Howard,
W.0.
To-day's Programme.
In his mind.
comrades.
London makes a night of it. Amazing scenos at East Ham. Mr. Ramany MacDonald, Buffaloes nt White-Hall. Getting rendy for the fifth. Guy Fawkes 'day.
The Prince at Merseyside, A present for Princess Elizabeth. Mr. MacDonald after the victory. Wimbledon's wonder.
Goodwin's take their toll.
In spite of gloomy prophecies. The Lord Mayor's show,
frm the in exchange remained
in sterling. even after the fall Italian nunce these last months has been based on a balancel bud- Hut of payments, and guaranteedl by the deflation of the currenes accumulated reserves and by the readjustment of the prices goods and of labour to the stabi- lised level of the ra. Italy hus reaped some advantages of
deprived of having recourse to foreign loans,
No. 1 Court. J. J. Barrow T.,
Hata.
Wal-trok
No. F. Grose v F. C. Koh. No. 4:H. D. Rumjahn v D. D. McKay,
No. -E. C. Fincher v K. II. Wong
more
No. 2--0. W. A. Tufton Loa and driven by the world crisis to
rely on her own resources than in
in former days, Resources being somewhat meagre, economic expansion has been curtailed, and many business enterprises, started during the postwar period of in- forred into Bation, have brea liquidation; but it is the opinion of the Government that. a more healthy economic condition is the result of automatie pruning.
Nu. 5-6. Lai v E. C. Holmes. No. 9 Thu Wai-pul v S. A. Gray,
HONGKONG SHARE
MARKET.
OFFICIAL SUMMARY BY STOCK EXCHANGE.
The opening scanion this morning WRK even quieter than yesterday's, and generally speaking, aperators would seem to be adopting a wait
| ami see" policy».
Sales,
tion Insurance $400. Providents (Old) $5. Ewo Coltons Tha 141⁄4. . Telephones $231. Dairy Farmus $30. Constructions (Old) $5.
Buyers.
Chinese Estates $95, Dairy Farma $294. Amusements $78.25. Constructions (OH) $5,15, Constructions (New) $1.80. tloserniment Loans 35% prem.
Sellers. Docks $29.
EXCHANGE RATES.
Paris Geneva.
Merlin.
Osto...
Friday.
.87%
17.65 14.15/32 ..18
Helsingfors. ..001
Athens.........270
Buenos Aires...39% Shanghai.
New York. Amsterdam..
Vienna. Mudrid
Buchureat
1/107
BAA 8.52 12 .43.11/10
675 .1/5.5/10
24.07 .66.7/10 Stockholm. .177
Hongkong. Brussels
Milan...
Copenhinger... .18.3/10
Prague.
Lisbon
Bo
118 109% 4.3/10
Bombay.... 1/6.5/89
Yokohama.
| Montevidieu,
Montreal
2/0
.3.08
Silver (spot).....10%
14
(forward) 10%
Stalls
Many others,
Prices
20c.
50c.
D. Circle
Complete Change of Programme Weekly.
Y.M.C.A. DEBATE.
MODERN YOUTH'S
RESPONSIBILITIES.
What can probably be regarded as the most appropriate subject The Y.M.C.A. could discuss is to The Council of Corporations. be debated by members of the Y.M.C.A. Literary and Dabuting Hope is expressed that fullerSociety to-morrow evening, when powers will be given soon to the Mr. E. F. Selk will move "That National Council of Corporations Modern Yonth is Fulfiling which is presided over by Mu980-
The Responsibilities."
dehnte fini. This year-old Counell, which will take place in the new social crowns the entire Syndicalist or-
p.m. sharp, **** and will be broadenst. anisation, exercises rights near-hall, beginning at ly equal to those af real levisi- The leading sponkers will be tive assembly, and promises to Mr. E. F. Selk, mover of the mo develop into a parliament of a true Guild type representing the tion, Mr. A. R. Brown, seconder. different categories in the country. Its chief concern this winter has been the discussion of commercial trenties and tariffs. Its members
with Mr. T. J. Prive, lender of the opposition, and Mr. W. J. Keates as his chief supporter.
The
· responsibilities
all phases of life which are confront-
ask for a new tariff policy, but ing the youth of to-day, and how, it in difficult for Italy to advance
of her own in the if at all, it is facing up to them, be fully discussed, and na
a fixed pus of world economies. usual, members of the audience
present The principle of bilateral cont- mercial treaties is adhered but
to, some safeguards are necessary to gain a just balance. Italy has been rudely awakened, to her fosses
by
voice their opinion in open debate.
The chair will be taken by Mr.
S. Cassidy, President of the Literary and Debating Sockely,
the way that Yugo-Sinvia, in and Indies are cordially invited to spite of a commercial treats, has attend and take part in the debate,
beer free to dump cheap live stock
in Italy to the serious detriment Yesterday, of the home market.
223
1/10,15/16
41
CX-
8711/:4 Another disappointment has 17.11/16 been the commercial treaty with 14.9/10 Russia, hailed with delight at the
18%
time by a large section of op- timists. Trade with Russin shown 270 defcit much in Kassin's favour, and there is real uneasiness a to 9.46 eventual payment of Italian 8.54 ports. Russia agreed to pay by 32 instalments up to forty-two months credit, the credits being 576 covered by a Government guaran- 1/ tee to the extent of 75 per cent, of 24% the total valuear will
of each order. 605% The New
entail aneri- 13fices from both expitalists and workers. It is surprising how un- 1894 prepared Italian manufacturers anti-dumping mea- were for the 4.3/16 1/6.5/32 sures. England had been for so
2703% many
18
ANGLO-AMERICAN DISCUSSION.
117
EMPIRE RADIO SCHEME.
REGULAR SERVICE. THIS YEAR,
London, Feb. 15. The Pastmaster General, in the House of Commons, said work on now
the constructing of the station for Empire Broadcasting was in hand, and the British Broadcasting Corporation hoped to provide a regular service from the station before the end of the
The acheme year.
being anced out of the Corporation's revenue, and no question of Over-
WAR
31 maons the parading of seas contribution would be raised
of Ilainn
furnish until the service was established. 3.08 ing fabrics, woollen goods, furni--British Wireless. 10% ture, early vegetables, and citric 10.13/16 fruits, that they found difficult the new secretary-general of the - British Wireless, to believe the British Government party, is said to bo a disciplined would take auch drastic measures, follower of the Duce, who has had Unless the Italian Government cause to complain recently of some comes to some arrangement with Fascist officials harbouring ideas England many manufactories must of their own. The fiery speeches close altogether. Of negotiations of
one of the out-going secretary against there are no signs at present. The the Vatican,, whether inspired or official reason given is that Great not, gained many members for the Britain has the right to put up Catholle Action Association, and its tariffs, and any form of pro- the present policy of both the test Just now would be useless. Italian Government and of Plus The Industrialists say that there XI. reasonable "give and take" will be negotiations after the attitude. It is noteworthy that the Bri- Ottawa conference, when Italy tish Ambassador, Sir Ronald Lind- | will ask for help. In the shape of nay, called at the State Depart-favoured nations clauses. ment to-day and exchanged news
M
IN CLOSE TOUCH ON FAR EAST ISSUES.
Washington, Feb. 15.
of developments in the Far East with sevoral officialsRouter's American Service.
The Fascist Party.
The settlement of the dispute
over
ver the activities of the Catholic Action in Italy this autumn was welcome to everyone. The ДЕВО- elation now depends directly on The home polley of Mussolini aloof from politics and the
bishop;
Its
members must this year is said to be one
of hold fusion between Fascists who were national flag is to be flown at their A cappersmith at the Cosmopolitan first comers to his standard and meetings. They must not aim at Docks, Lai King chih, was yesterday inter arrivals. He is going to try the constitution of professional severely burnt about the face and arms when a jar containing Sulphuric the nation, and as this fusion will "co-operato in order that the ayn- again to make the party one with associations and trade unions, but seid was accidentally broken and its contents spilled. The victim was be very unpopular with many dicates set up by law shall still taken to the Kwong Wah Hospital for Fascista he intends to undertake more activity further the principle treatment.
the task himself. Achille Starace, of class-collaboration,
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