LLOYD
UNMISTAKABLE SIGNS
OVERTHROW OF OLD IDEAS OF LIBERTY
GEORGE HAILS TRADE RECOVERY
THE CHURCHES AND "PEACE OR WAR?”
An Affirmation of Christian Faith
The following statement on the LIBERAL LEADERbject of "Pence or War?" has been signed by the two Arch- bishops, 35 Diocesan Bishops in England, and the leaders of all the Free Churches:
"AMAZED"
Parts, Jan. 9:
CROSS-FIRE OF COMPETITION
`SHARP DROP IN U.S. TEXTILE TRADE
EXPORTS SMALL
LONDON STOCK
PRICES
UNDERTONE STILL
GOOD
The following quotations on the London Stock Exchange hava boon received by Messrs. Swan, Culbertson and Fritz in conjunction with Router. Market: Rather irregular, but the undertone is still good.
New York, Jun. 8. ¦ American cotton cloth exporters, The world yearns for peace, but caught in a cross-fire of intenst the nations are dominated by the competition between Great Britain parent and it is evident that at/fear of war. The issues is pri-land.Japan for the position of dom-435% Bonds 1898
Everywhere the infallible signs of economic recovery are
ap-
(1) That God at this time is calling the nations of the world to learn to live as one family:
5%
Jan. 9. Jan. 10..
Chinese Bonds.
2101%
80%
66....
80%
£57674
£ 23-27 £ 23-27
marily a moral one. It vitally con- Inance in world textile trade, have long last the world is emerging,cerns the Christian Church. Peace watched their sales abroad dwindle 4% Loan 1008. £ 80%
(Eng. Iss.) £101 as much by its own natural pro-is more than the absence of War: from an average of U.S. $100,000,- 5% Loan 1912... £ 66 cosaca na by governmental ex-It is positive, constructivo, 000 annually in the years 1926-6% Reorg Loan periments, from the crisis of means nothing less than the build-1929, to a basis of U.S. $1,000,000 1018 (Lin. Ixe.), £ 8914 the last four years, writes Mr. Ing of the Kingdom of God on annually during recent wecks, 5% Bonds 1926-47 € 83% #84% David Lloyd George, in an article earth."
""An AMrmation of Christian the Textile Exports Association.
states Mr. F. A. Colt, secretary of Shal.-Nanking- released here yesterday by the Faith" Economic and Financial Agency.
Anglo-Japanese competition has "We are convinced:
made serious Inroads into the last "There can be no doubt," ho
remaining outlet for American cot- writes, "that world trade, ns
ton clothe-the South American re- whole, is on the way to re-establish- ment. Demand is improving and
(2) "That the machinery of publics, Mr. Colt asserted. consequently production in going international co-operation provided up and unemployment decreasing. by the League of Nations, while In England, the figures of unem- not yet perfect, affords the best ployment show that the total num-available means of applying the ber of jobless dropped this year by principles of the Gospel of Christ hundreds of thousands in compari- to atop war, to provide justice, and son with the preceding year. In to organise peace; the United States, this drop is (3) "That the application of measured in millions, Domestic these principles constitutes the only affairs in Germany are definitely practical politica at the present on the upturn. Japan's foreign time: trade is highly developed. Demand (4) "The Christian people should for raw materials by Industry, ispray, and resolve that by these growing.
means, falth shall be kept, con-
SAME RESULT IN THE END.
"The methods adopted by the various governments to deal with the situation are materially di- erent. The results de Tíot
seem
to have been affected by these differences since everywhere the fortunate. results are uniformly
This is an encouraging fact since it proves that the commercfal pendulum is beginning to swing towards recovery aside from and beyond the influence of
any one government
governmental Aystem.
or
Although exports of American made cotton normally represent only about seven per cent, of the output of American mills, that seven per cent, according to Mr. Colt, represents a vital factor in fixing values on the other 93 per cent. Any aurplus, left in the domestic market, he points out, would drag down the whole price
structure.
DEVASTATING BLOW.
Incrensed production
coste,
Rly.
Rly. 5% Tient-Pukow
Loan) Railway (Supl,
# 20-25 € 20-25 6% S'hal.-'chow-
Ningpo Rly. £ 04
2 94/1⁄2 5% Honan Rly... 4 23 € 28 5% Hukuang Rly.
1911
£.30
£ 20 Lung Tsing U. Hai Rly. 1013. £ 16 £ 15
Foreign Bonds and Banks. German 1% Int.
00
00
Loan 1924 Japan 6% Sterling
Loan 1907 *** £ 7734/Ë TI
6% Sterling
Japan 2924 ........ £ 90% 88x
H.K. & S'hai. Bk.
(Lain. Redg.).. £133
ndence restored, and there shall be \ traceable to operation of the cat Charte, Bk. £5 h. £ 15%
[no more war."
MURDERED INDIAN MAGISTRATE
Provision for Widow and Daughter
ton textile code under the National Recovery Act, together with entry of the Japanese exporters into the South American fields, have com- bined to give the American' ex- porter a devastating blow, Mr Colt said.
Associated
£134
£ 16%
Industrials and Breweries.
Elec. Industries. *10/0 Brit. Amor. Tob. (Bearer).... Chinese Eng. & Min (Bearer) J. & P. Coats
Japanese activity in South Courtaulds America, he asserted, was a direct Distillers result of the restrictions placed on Dunlop Rubber them in the India market by pro- Everready / sh.. hibitive tariffs.
RADIO BROADCAST
TO-DAY'S BROADCAST.
·A TRAVEL TALK FROM
THE STUDIO.
From 'ZBW on a wavelength of 355 metres:
5-8 p.m. European programme, 5-6 p.m. A relay of the Hong- kong Hotel Danco Orchestra from the Hongkong Hotel Roof Garden.
6-6.10 p.m. Children's Studio Con- cort arranged. by Mrs. A. Smith.
6.30-1.30 p.m. Recorded Music. Orchestral-One Hour With You-
Medioy.
New Mayfair Orchestra,
Violin Solo-La Clochetto (Paganini). Violin Solo-The Dance of the
Goblins (Bazzini)..
Alfredo Rode.
Song Zigeuner ("Ditter Sweet”—
Coward),
Song If Love Wore All ("Bittor
SweetCoward).
Ivy St. Helier (Soprano). Organ Solo-Minuet Antique
(Watling).
(Organ Solo-Three Fours Waltz
Julte, No. 8 (Coleridge Taylor).
Reginald Goss-Custard. F.I.C.O. Song Bonnie Wee Thing (Fox).
Hislop (Tenor). Instrumental-Molly on the Shore
(Grainger).
Instrumental Tambourin (Gezsec,
arr. Sharpe).
Virtuoso String Quartet. Song-Wee Willie Winkie (Roberton).
Boyd Stoven (Soprano).
| Violin Solon—(n) Ladies' Pleasure
(arr. Sharp and Butterworth).
(b) The Old Woman Tessed Up
(arr. Sharp and McIlwaine). I'll Go and Enlist for a Sailor: (arr. Sharp).
(c)
Elsie Avril
Song-Love's Roses (Broones)."
Song Sweetheart Darlin' (Kahn and
Stothart).
Danny
Malone (Tenor).
'Cello Solos-(a) Pastorale (b) Reel
(Ovril Sestt).
Beatrice Harrison,
7.30-8 p.m. From the Studio.
A Travel Talk by The Globo
20/0
110/10%, 117/6
20/0
26/0
05/-
04/0
44/9
44/6
8478
84/3
42/9
481-
20/0
20/0
G
ond
Elec.
40/
437-
100%: 100/0
cert
33/3
33/3
News
.-0/3
0/3
111/6
112/8
New Delhi, Dec. 7.
In addition to their South Ameri- Guinness "President Rooseveli in America, Sir Samuel Hoare, Secretary of can activities, the Japanese, ac-Impl. Chem. In- Mussolini in Italy. Hitler in Ger- Stats for India, it is understood, cording to Mr, Colt, have instituted
Industries many, Major Elliott in Great has approved of the pension and a drive against American-mado Impl. Chem. Ind.
Def. 10/- sh. Britain (Minister of Agriculture) gratuities to be granted the family cloths in Cuba, the Philippines and
Impl. Tobacco
Trotter.
8 p.m. Local Time and Weather Report.
8.3-10.30 p.m. Chinese Studio Con-
10.30 p.m.
Rugby Mid-day Press
10.35 pm. Close Down.
and Stalin In Russia have all of the late Mr. Burge, the Milna-in other castern markets which Int. Ten Stores 20/14 20/1ed music will be broadcast from the
ASTONISHED AND AMAZED.
·
no
undertaken experiments in state-pore Magistrate, who was murdered have been developed by American 5/- directed industries which would on September 2.
exporters during the past five Internat. have been regarded as impossible Mrs. Burge receives a gratuity or six years. by the Carnegies, the Krupps, the of £450 and an extraordinary pen- McKinleys, the Bismarcks. Glad-sión of £180 annually, besides stones and Disraelis of the
pre-drawing a regular pension of £450 war erns.
annually from the Indian Civil Service Family Pensions Funds.
Her young, daughter has been "I am not opposed to change. given a compassionate allowance of It is an essential ingredient. of all£24 annually until the age of 21 or progress. But I confess that in marriage, and will also draw a reading the newspapers and Ha-persion from the Civil Service tening to the radio, in reading and Pension Funds of £37 10s, up to the hearing the announcement of age of six, £75 annually until the decrees and regulatory ordinances age of 12, and then £150 annually equivalent to a complete overthrow until-marriage.-
of all the old idens of liberty and initiative in private enterprise, I am astonished and amazed. But what surprises me much more is the general indifference with which the public receives all these per- mutations and transformations.
"This is due to the feeling that
NAZI DEFIANCE.
SALZBURG POLICE STATION BOMBED
Vienna, Jan. 10. no matter what changes are made,
Throughout the country, Aus- things can't be worse than what trian Nazis have defied the Goy we have endured, and must event-ernment threat to invoke sterner ually be better. The established order is accused of complete failure.ties. They have thrown down the measures to suppress their activi- and it has almost confessed much itself. Thence comes
gauntlet at the feet of the ad- universal acquiescencé
[ministration.
demning it."--Havas.
38
the in con-
TRICOLOR DUE
NEW LINER THAT BROKE
WOOL DERBY RECORD
On ita malden
One of their acts of defiance was the bombing of the police. headquarters at Salzburg, where much damage was dong to the building, but no livos were taken,
A gendarme was wounded by &
10
33/9 447- 20/3 20/-
Miscellaneous..
20/-
...
10/10
18/18/-
Nickel
$ 211⁄4 ₫ 21% par val Pinchin Johnson GRAVE QUESTION,
33/0 10/ sh. Turner & Nowali 44/12 With Japanese weavers and Unilever spinners now operating more than 18,000,000 spindles and marketing
abroad, this year, more than two Anglo-Dutch thousand million square yd. of Burma Corpa Ra cotton cloth out of a total world trade of five thousand million (Canadian Pacific square yd. consistently under- Rly. $25 ah.... $ 15 $ 15 selling American exporters in Chartd. 15 ah. Brazil, Colombia and other South (Bearer) American
Gula countries and with
Kalumpong Great Britain having cornered, Trepca Mines
Rubber-v with lower prices, a substantial Langlaagte part of the Argentina business, Estates the American exporter now stands London Tin 10 in a precarious position that sh. threatens extinction, the associa- Pekin Synd 2/- tion's spokesman warned.
Ord. sh. **** Rubber Trusts The problem of reducing pro-Shai. Elec. Constr. 01/- duction costs, Mr. Colt concluded. Van Ryn Deep.. Vickers 6/8d each was "grave" question and one of the National Recovery Act muy upon which the ulitmate success
depend..
BRITISH
All relays from the Hongkong Hotel are by courtesy of the Manage- ment and during the intervals record-
Studio.
China Fleet Football
League Tables
THE UP TO DATE
---POSITION-
The following are the up to date tables of the China Flect Football | Lengue, including yesterday's match.
FIRST DIVISION.
22/0
22/6
18/- -18/m-
12/0
12/0
20/6
2070
16/3
15/3
0/3
3/3
27/0
27/0
11/-
35/
9/6.
35/--
9/42
Cumberland
Dila,
Berwick Eagic Suffolk Medway
EXPEDITION Royal Dutch 100
TO ANTARTIC
bomb at Dalass... Many smoke Captain Joyce Organising
bombs were thrown in various
voyage to the parts of Vienna. The Govern-i Far East, the new motor shipment is redoubling its efforts at Tricolor is scheduled to arrive in suppression.-Reuter. Hongkong on Saturday next.
The new liner has been placed on the Europe Far East service in conformity with the policy of its ownere, the Will, Wilhemsen Line, which is constantly adding to its
fleet.
Air Party
London, Jan, 9.
Anglo-Persian Oll 47/0 47/6 Burma Oil...
87/6
-87/0 Mexican Eagle Mex. $4 sh...
11/14 - 11/1
f. sh. Shell Trans and Trad (Bearer) - Geldenhuis Crown Mines
£ 21% 21%
62/6 51/10 28/128/1 186/3 180/10%
EXCHANGE - RATES.
Calo..
Athens.
Jan. 10. 83.0/32
Goals
P. W. D. L. F. A. Pts. Kent 10 5 4 1 22 13 14
Wren Keppel Whitehall Cornflower Whitshed Falmouth Verity Bridgewater Sandwich ...
18.85% Witch
13.72 Veteran 22016 Tamar
9 4 3 2 16 13 11
8 4 2 2 13 8 16
2 4 8 12 13 8
0 2
0 1
.6 12.19
Section I
€ 2
SECOND DIVISION.
19.90 Wild Swan
Jan. 9.. .83.0/32 .18.86
13.72
22014
.19.90
.582
.02.3/16 .36%
.1/4.1/16 .6.09%
8.11 20
682 Wishart 62.3/16 Bruce
35 Folkstono
1/4.1/16 Herald
6.00
In order to counteract the neti- Paris. Mesra. A. S. Watson & Co., Ltd.vities of the Americans, Admiral Geneva. announce that they have been a Richard Byrd and Lincoln Ells Berlin. pointed agents, and havo packs of "Tiger" brand beer, which is worth, Captain Ernest Miles Joyce, Helsingfors.
received browed, by the famous Malayan polar explorer in the expeditions Breweries, Ltd., in Singapore. A led by Robert Scott and Sir Ernest Milan light beer of excellent quality and Shackleton, is organising an air Buenos Aires. The Tricolor, which was built moderate in price, a brisk local de-expedition to the Antarctic In Shanghai.. by the Netherland Shipbuilding mand is anticipated.
August to investigate the commer- New York.. Company of Amsterdam, was built
.8.12 Col. J. H. Morris, D.5,0., 0.B.E., clal possibilities of the land die Amsterdam. last year, and is the latest addi-
covered by former British ex Vienna. ›
Vienn
.2014 tion to the Wilh, Wilhemaen who has been appointed Assistant
Prague.
.100% flect. She is, incidentally, a sister to the China Command in place of
Director of Supplies and Transport plorers.
Captain Joyce says he will have Madrid.
.39.9/16 ship to the Tarn.
Bucharest
.560
660 Eagle the late Col. A. H. Kinnaird Wat three neroplanes, and that the
1/6.11/10 1/5.11/10 Suffolk. Both these ships are of 6,821 son, arrived this morning aboard the total cost of the venture will pro-Hongkong. bably be about £200,000-Reuter, Stockholm.
22.47 .10.09 Copenhagen .22.40 Lisbon
100%
tons gross and 4,188 tons nett... Ranpura, They are twin scrow motor ships, the engines, which were built by
Gebr. Stork, Hengelo, developing
an indicated power of 10,220 p.h.
WOOL "DERBY."
During
last summer
Rio
DAY BY DAY N'EWS IN BRIEF Bombay
One case of diphtheria, and two Yokohama. cases of meningitis were reported to Montevideo. the local health authorities on Tuen-Belgrado Montreal day.
VIRTUE PARDONS THE WICKED, AS the THE SANDAL-TREE PERFUMES THE Tricolor made her maiden voyage AXE WHICH STRIKES IT.~Saadi, to Australia and participated in
100% Medway 30.0/16 Kent
23.47 Barwick
'Section II.
TEHOBENOD
Goale
P. W: D. L. F.A. Pt.
6. 5 10 10 2 11
4 3 0 1 11 4 6
7 3 0 4 14 18 6
4 2 1 1 14 0 0
0 17 2
4
6 1 2 4 3 16 2
2 0 1
4 0 1 3
THIRD DIVISION.
10.30 Cumberland
22.40
100% .1/0.1/10 1/6.1/10 44
4 .1/2.11/32 1/2.0/82
06% 240
the famous wool "Derby," win- His Lordship Mona, II. Valtorta, The wedding is announced to take Silver (forward),1014
ning in competition with the Port Vicar Apostolic of Hongkong, has Bowon and the Tanimbar. Early gone on a pastoral visit to Fan-lo-kon In the race the Port Bowen (Walchow district) and will be absent dropped astern, and the real com- until January 24, petition was between the Tanim-
Silver (spot) .19.1/10 place shartly, of Mr. Owen Fitz- War Loan.......101.13/19 William Hamilton, ships officer, of the 1.8." Chak Sang, to Mian Kathleen Florence Floren, school teacher, "of "Fulmer", Castle Peak.
10 72
1 5 4 17
1.30 11 10 6 1 8 21 15 5 1 3 20 14
8 3 2 8 0 13
02 2 5.13 23
10 10 9 13 32
RUBBER SHARES
LATEST CABLED QUOTATIONS
Messrs. Bonfamin and Potts have received the following rubber quota- tions by cable from their Shanghai offico:
Dec. 27. Jan. 10.
240
6.09 44
6.09
10% To
101%
British Wireless..
Angla-Javas Madamo Lottie Gordon is to give Anglo-Dutch a concert, assisted by leading artistes, Batu Aname
$4.26
$4.76
2.25
2.10
.36
.98
.30
.1.00
1.00
+38
.92
.91
..40
0.00
0.00
bar and the Tricolor,
Mr. B. G. Birch, M.A., will give They passed through the Sueza lecture on "Some One-Book Men' The St. Agnes's Girls' College is at the Helona May Institute on Chemore..... Canal together, but រំដ the to the Arts Association of the Uni-holding a concert on Saturday next Saturday, 27th Inst., at 6 p.m., in aid Connolidateds Mediterranean the Tricolor versity of Hongkong on Tuesday, at 8.30 pm, at the Leo-lly-San Hall of the Blind Home, Pokfulam, and Kroewocks
Ropalis gradully drew ahead, beating her January 23, at 8.80 p.m., in the Union of St. Paul's Girls' College, Mandon the Link Scholarships and Young
Assembly Room of the University. nell Road, whon a Chinese and an Musical Artistos Fund. Seats may Tanah Meraha competitor into Dunkirk by 40 Mr. Birch is the president of the English play will be produced by the bo reserved by telephoning No. Tabangs
| Aria Association.
57867.
Zlangben
milos.
students.
HENRY HEATH
HATS
-for MEN.
Hongkong Agents:
Smart, correct, and perfect in fitting, embody those same qualities of comfort,
and ... durability
strength, which for over a century. have maintained the' name of Henry Heath in the fore- front as Men's Hatters.
Prices from $15.00 each. Lena 10% discount for Cash.
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/
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