CHINA'S RE-BIRTH
MR. WANG CHING-WEI
ON. FUTURE
CANTON NOTES
THE HONGKONG TELEGRAPH.✨ TUESDAY,
CHRISTENING PARTY AT SHAMEEN
(Our Own Correspondent).
Cantun, Feb. 19, The christening of Rosemary Ethel, the youngest daughter of RECONSTRUCTION Mr. and Mrs. W. Roland Farmer
PROGRAMME
(Special to "Telegraph")
Nanking, Feb. 20,
at Christ
ANGLO-RUSSIAN TRADE PACT
TEXT PUBLISHED IN LONDON
OLD AGREEMENT QUALIFIED
London, Feb. 19..
of Canton took place Church, Shameen, on Sunday. The Rev. Mr. Wittenbach ofcfated. A reception was afterwards held at A qualification of the usual the residence of the parents, where moat-favoured-nation clause, in a the baby's henith was drunk, and manner which will not frustrate the guests afterwards enjoyed a preferences or injure home pro- most delicious coki collation, | duction, is one of the features of An important statement on the Rosemary has been given this Anglo-Soviet temporary com- programme of the Central Gov-name which signifies "Remem-mercial agreement, signed in ernment was made by Mr. Wang branco" since she was born on London on Friday, the text of Ching-we), President of the the anniversary of her grand- [which is published to-day. Executive Yuan and acting father's death. Foreign Minister, at the weekly Memorial Meeting held yester- day.
re-
The new picture house, namely the Grand Theatre, has just been Mr. Wang Ching-wel
This has been opened in Canton. forred to the joint statement given the name of the beat theatre Issued by him and Marshal Chiang in town, and one is to judge by Kal-shok on February 11, which the very artistic decorations and the importance of lighting this most certainly is true. pointed out successfully concluding the cam-The first picture shown was "Alice paign against the "Red" within in Wonderland", a most excellent tho shortest possible
period film, but marred by the faulty Policies like this could be regarded sound production. Id the audi- ກຊ emergency measures, while
ence not know the well known economic reconstruction was with book, it would have been com- in the category of a fundamental pletely impossible to follow the measure for national salvation,
picture. ECONOMIC RECONSTRUCTION.
Expressing the belief that the Red-Suppression Campaign being vigorously carried Klangai would soon be concluded, Mr. Wang dwelt on economic development and material
recon- struction.
now
on in
As a first step, he said, the Government had attached particu- lar attention to the development of various means of communication
RUBBER CONTROL
RUMOURS
POSITION STILL UNALTERED
London, Feb. 19. The Under Secretary, Mr.
in
on the
and the Improvement of existing Malcolm MacDonald, replying for ones. The tapping of the natural the Colonial Secretary resources of the interior of China Commons, said the communique the on a large scale, could only be issued on February 13th made possible when proper com- joint authority of the British and munications were available. This Netherland Governments, stating explained why the Government that reports that an agreement had, in the past two years, made a had been reached for regulation of great effort to improve existing rubber supplies were
wholly in railway services and to push on adequate. Atill represented the with the construction of important position. now railway projects, notably the Lunghai Railway which was
That communique, he added, was pected to be completed to Slanfu, issued to contradict unauthorized Shensi, at the end of this year. reports which appeared likely to The completion of the Lunghai mintend the public-British Wire Railway was a prerequisite of the economic development of North- western China. Tho
ex-
completion
of the Yu-Han (Canton-Haukow) Railway was being facilitated with the aid of the British Boxer In- demnity Fund.
FOREIGN CAPITAL.
less.
CHINA'S GRIP
POPULATION GROWS IN STRAITS SETTLEMENTS
London, Feb. 19,
the
Whe
was
Tho previous agreement denounced in October, 1032, firstly, usual most-favoured-nation pro- because it was felt that tho visions Incorporated in the agree mont did not operate satisfactory, owing to the fact that the foreign trade of one of the parties conducted by the State, and it was not possible to most-favoured nation
claim that the have been infringed, on the ground provisions that a monopolistic State refrained from buying United Kingdom goods; and, secondly, because it was felt that the obligation under- taken to Canada at Ottawa to safeguard preference against cren- tion or maintenance of low prices by State action made It impossiblo to continue to give unqualified most-favoured-nation rights to the Soviet Union.
QUALIFED ARTICLE.
в
now
The first Article of tho agreement
B most-favoured- nation article on the usual lines. It is qualified in Article Two of either party may represent to the the agreement, which provides that
crented or maintained by the latter other that such prices are being
as are likely to frustrate pre- ference accorded or to injure home production.
Such representations are to be followed by negotiations, and If theso negotiations fail, the Brst party may, ni three months" note, intimate that most-favour-
ed-nation treatment in respect of tions shall cease to apply to import restrictions and prohibi- the
goods in question.
MORE BRITISH GOODS.
In Article Three, the Soviet Government express a desire to spend more of the proceeds of the anle of their goods in Britain. upon the purchase of British goods and on British shipping services, and undertake to give effect to the provisions set out in where it is Inid
the schedule,
SHARE PRICES
TO-DAY'S QUOTATIONS
The following is the list of loes) sharp, quotations issued to-day.
.....
Flank
H.K. Banks, $1825 n. H.K. Banks, (London), £188 n. Chartered Bank, £10 n. Mercantile
Bank, A. * #
£20, n. Mercantile Bank C.. £121⁄2 n. East Asia Bank, $90 'n. Am: 0. Finance Corp, Sh. 820 n China O. Fin. Ord. Sb. $4 n. China O. Fin. Pref. Sh. 86 n.
Insurance.
Canton Ins., $310 n. Union Ins., $075 8.
China Underwriters, $1.55 8. · China Fire. $525 n.
H.K. Fire Ins., 283 b.
FEBRUARY
1934
RADIO BROADCAST
TO-DAY'S BROADCAST.
DANCE MUSIC FROM THE STUDIO
From ZBW on a wave-length of 355. metres!
4.30-7,90 p.m. Chinese programme, 6.30-7 p.m. Chinese Shorthand-les- son from the Bludio,
7.30-10.30 p.m. European
gramme.
pro-
7.30 p.m. Closing Local Stock
International Asrcu, S. $6.30 n. Quotations, etc.
Skloping
Douglas, $85 b. H.K. Steamboats, $121⁄2 n. : Indo-Chinas. (Pref:). 880 n. Indo-Chinas, (Def.), $38 m Shells (Bearer), 54/41⁄2 n. Union Waterbonta, $11 n.
Mining
རྣམ་
Antamoka, 80 cis, n.
Balatocs, $40 n.
Baguio Gold, 52 cts. n. Benguets, $40 n.
Benguet Exploration, 324 cta, n. Benguet Guldfield, 80 cts, a, Big Wedge, 25 cta, n. Gold Creek, 841⁄2 n. Epo Mining, $7 n. Itogons. $7.
Kailan, 25/- n.
. $4.60 n.
Langkats (Single), $17 n. S'hai Exporations, S'hai Loans, 86.80 m.. Raubs, $14.35 n.
Venz: Goldfields, $8.50 n.
H.K. Wharves, $118 n. H.K. Docks, $13.80 b.
S. China Motors A., $2_n..
Madoka M 43 .
1 F
Providents (old), $2.60 n. Providents (new), 85 cts. b & sa, Hongkews, Sh. $804
New Engineerings, Sh. 36.60 m. Shanghai Docks, Sh: $140 n.
kton Wif1-
Ewo Cottons, Sh. $18 n. S'hal Cottons, Sh. $110 n. Zoong Sings. Sh. 8181⁄2 1. Wing On Textiles, Sh. 870 m.
Lands, Rotels etc.
II. and S. Hotels, $6.40 sa. HK Lands, $73 n. S'hai Lands, Sh, 320 n.
Metropolitus Lands, Sh. 314 m. Humphreys. $11.30 n.
HI.K. Realties, $6.30 n. Aain Realties "A" Sh. $140, n.- Asin Realtios "B" Sh. $20 n. Chinese Estates, 397 n. China Realties, Sh. $153⁄41⁄2 n. China Debenture. Sh.$187 n.
Puhlje tilities. Tramways, $21.80 n. Peak Trama (old), $16.00 n. Poak Trams (new), 87% 0. Star Ferries (old), 8941⁄2 n. Yaumati Ferries (old), $24% !
C. Lights (old), $9.70 b.. C. Lights (new), $9.40_n. H.K. Electrics, $76 b.
n,
Sandakan Lights, SR n. Telephones (old); $25 Telephones (new). $13 n. China Buses, Sh. $13.40 n. Singapore Tractions, 6/ n, Singapore Prof., 15/- n.
Industrials
In referring to the great pro- blems of reconstruction, Mr. Wang
A striking increase in the Chin- pointed to the necessity of inviting ese population of the Straits Set-down that Soviet payments are to the help of foreign capital. He tlements is shown in the Govern bear in each year an increasing was doubtful if China, so back- ment report Issued to-day, and ratio to Soviet proceeds until, ward economically, could carry out provokes comment. Buch a colossal programme with-
According to the report there after a transitional period of urMacao Electrics, $28-b
years, there is an approximate out the assistance of foreign were 174,327 Chinese in
balance of payments. capital. But if China needed Straits Settlements in 1881, but foreign capital in railway develop the figure was swelled to 663,518 ment, it was a sine qua non that by 1931. At the same time the adequate security must be tound Malayan population increased for foreign investments. The from 194,469 In 1881 to 285,316 Government had recently enre-In 1931. Thus, from a minority. fully met all railway debt obliga- the Chinese population has grown tions, both domestic and foreign. to a substantial majority. China had no intention of default- The report adds that it is ques-contained a similar provision... ing, but principle and interest had tionable whether such not always been punctually paid to ponderance of any foreign race, foreign bondholders,
which is largely un-assimilable Unpunctuality of payment, how-and retains its own customs and ever, was not always due to poli-language, is in the true interests tlcal disturbancea · រ៉វ China, of the social and economic
pro-
Vicissitudes in world affairs had greas of a people.-Reuter.
played an equally important part, such as abnormal rise in the gold price and the general business dopression over the whole world, which no nation could escape.
+ pre-
RETURNS TO PORT.
LAST OF FOUR MISSING DAIREN TRAWLERS
Dairen, Feb. 19.
China had, however, fully dis- charged all debt obligations in respect of the Tientsin-Pukow, Nanking-Shanghai, Shanghai- Hangchow and other railwaya bound by contracts with foreign which was one of the four Japanese The missing trawler Daibo Maru, bondholdera.
trawlers reported to have been cap- Lured by pirates off the Shantung February 8, returned to Mr. Wang then proceeded to re-experiences.
Dairen to-day, none the worse for her port on the great strides made in
The crew stated that the Daibo the expansion of the Chinese Mara had been searching the waters postal service, the development of the Shantung coast for the three of aviation, wireless and telegraph other trawlers, not knowing that services and improvement of they had already returned to port.
Router.
POSTAL SERVICE.
navigation.
coast on
Article Four provides that trade between the United Kingdom and Soviet Union will be eligible for any Government export credit facilities on the same basis as trade with other countries. The Protocol to the 1930 agreement
OTHER PROVISIONS.
Article Five deals, on similar Provision as the 1930 agreement, with the position of the Soviet Trade Delegation.
Aricio Six provides for re- ciprocal grant of most-favoured- nation treatment to shipping.
Article Seven containe certain reservations in respect of prefer- chcos, etcetra.
Article Eight provides that as long as Soviet goods receive most- favoured-nation treatment in any
dominions which are outside the Empire country, apart from the scope of the agreement, the goods of that country shall receive such treatment In the Soviet Union. The Agreement is terminable at aix months' notice on either alde. -British Wireless.
EXCHANGE RATES
Paris
Regarding the postal service, he pointed out that it had been run very efficiently since its inception It is proposed to hold a small dinner Geneva. aixty years ago and had annually for members of the medical profession Berlin." #hown big profits until the past who are past members of Irish Hos- Helsingfors. two years when the service haded for this reunion is Saturday, Athens.
pitals. The date provisionally select Oslo... been seriously affected by the fiarch B, at 8.80 p.m. Those who are
Milan.. Japanese occupation of Manchurin desirous of attending are asked to Buenos Aires. and major natural catastrophes in notify the organiser, care of Hong- Shanghai.. China Proper, like the Yangtse kong Hotel
New York River and Yellow River Floods
Amsterdam. Vienna.
and banditry. On the score, the
Chincod Postal Administration country.
Postal stationa
Feb. 16,
77,26/32 15.80
.12.95
.22614
Feb. 19. 78.23/32
10.05
13.00 22814
40.00
19.00
- កទ ·
630
.3035
.6812
1/43%
58.16/16
214
5.09% .7.01 .2814
6.13%
7.71 284
.119 .37.25/32
10
125
20
Stockholm..
Copenhagen
bay.
.1/0.7/10 -1/6/2 .21.98
.19.30% .22 40
1/6.8/82
22.90%
19.80% 22:40 109% 1/03/04
had suffered a loss of about $10, tablished all over the country had Bucharest.
es Madrid. 000,000, but was continuing Its now reached a total of 12,000 and Hongkong- policy of extending its service to the postal routes were over about Brisels the leas accessible quarters of the 490,000 miles.
DEATH.
Die
INTERNAL REFORMS, Speaking in the capacity of Foreign Minister, Mr. Wang con- Yokohama cluded by saying that, if it were Montevideo, asked what was he Government's
Rolgende
Malabon Sugars, $1434 n. Polda Mare inlay Sh 921 0. Cald: Macg (Pref.), $191⁄4 n. Canton Ices,$1.75 b. Cements told). $. Cements (new), 33 n. H.K. Ropes, $7.10 m.
Stares etc.
Dairy Farmя. 291⁄4 n Watsons, $7.00 8. Der A. Wings. $1 n. Lane Crawfords, $4.10 n.
Mackintosha. 821 n. Sinceres. $18.20 m. Wm. Powells, $1.60 n. Wing On (H.K.), $140 n..
Miscelinnenus. Amusements 84 m. H.K. Entertainments, $104 n S.C. Enterprisca, $11⁄2 n. Tnited Theatres, Sh. $2 n. Macao "Greyhounds." $2 n. Constructione (old), $2 n. Constructions (new), 54 cts, sa. Rnda Ronite Jim N
II.K. Govt. Loan, 6% b. prom. Wallace Harpers, $8 n.
7.33-8 p.m. From the Studio.
The 81st of a series of lesson in "Cantoneso" by the Rov. Mr. H. R. Wolls.
8 p.m. Local Time and Weather Re port.
9.3-8.45 p.m. A Selection of In- strumental Music,
Octet-Melody (Dawes). Octet-Moonbeams and Shadows
(Squire).
J. H. Squire Celeste Octot. Violin Solo--Danza Repanola (Do Falla; arr. Kreisler).
Violin Solo-Waltz in A Flat Major
(Brahma).
Isoldo Menges.
Organ (Watling).
Solo-Minuet
Antique
Waltz
Organ Solo-Threo Fours
Suite, No. 3 (Coleridge Taylor, arr. Goss-Custard). Reginald Goss-Custard, F.R.C.O. Guitar Solo-Fandanguilló (Turina) Guitar Solo-Tremolo Study (Tar-
regn).
Andres Segovia. Solo Sarabanda (Suleer, (Mozart,
'Cello Op. 8).
"Cello Solo-Ave Verum
arr. Squire).
W. H. Squire,
Pianoforte Solo-Paganini Etudo in E Fiat Major (Paganini-Liszt-Busoni) Pianoforte Solo Children's Corner Suite No. 3 Serenado for this
Doll (Debussy).
9.47-9.80 p.m.
Vladimir Horowitz.
In a Persian Garden, from "The Rubalyat" of Omar Khayyam (Fitzgerald and Liza Lehmann). Dora Labbette, Muriel Brunskill, Hubert Bisdell, Harold Williams and Harold Pedlar.
9.30-10.30 p.m. From the Studio." Danes Music by "Fred and His Pals."
Programme.
1 Fox Trot-Night Shall be Filled”
with Music.
-Forty-Second Street.
g
11
Let the
Drifting By.
4
-Dinah,
"
World Go
My Silent Love.
5 Slow My
Fox Trot-Shiek of Araby.
8 Waltz
Thanks
Love You
Traly
Spect
pectat
FEBRUARY
18th to 28th
FOR THE RACES
Scotts
SOFT FELT.
HATS $19.50
net.
usually $29.50
"..
Chamois Leather
GLOVES $5.00 net.
nsually $8.50
MACKINTOSH'S LTD
FOR REAL SATISFACTION
IN THE APPEARANCE
OF YOUR HOME
CONSULT
ARTS & CRAFTS
EXPERT DECORATORS
a Cabin in the
AND FURNISHERS
9 Fox Trob-Ida Sweet as Apple
Cider 10 Slow
11 Fox Trot-Lazybones.
Dinner at Eight. -Hold Me.
14 Rumba-Love Song of the Nile, 15 Fox Trot-Sweet Sac. 16 Waltz
18
+
-Shadow Waltz. 17 Fox Trot-I'd Like to go' Back in
the Evening.
-Don't Blame Me. 10 Blow ---Blue Prelude. 20 Fox Trot-Sweetheart Darlin.'
10.30 p.m. Rugby Mid-day Press News.
10.35 p.m., Close Down,
HAVE YOU THESE
* SYMPTOMS?
With men, fanoy figures cut
Cracks
-Ellitori
Inching Fast Sealy dry skin
IT'S
USE
HONG KONG FOOT ABSORBINE
Apply
JR.
Absorbine Jr. at once, It killa the tiny germs that got into the skin causing this nasty malady Hong Kong Feot. Don't delay-Hong Kong Foot is high- ly contagious and spreads rap- Idly. Absorbine Jr. given instant rollaf-heals the sores p
Absorbine. Tr. for years has. roliered skin Irritations, cute, sprains and sore muscles.
Complete directions in English and
· Chinese with each bottle.
A
Colds
Severe illnesses may develop from a simple cold. Therefore take ASPIRIN' immedi ately. It relieves the cold.
B
PA BAYER
ASPIRIN
M∞CARTHY—At the War Memorial
Hospital, Hongkong, on February future foreign policy, the reply Montreal... 20th, 1934, Thomas lienry Alfred must be internal Improvement. Silver (spot) McCarthy accountant P, & 0. Banking Corporation; aged 31 For only by this could China com- Silver (forward).2204 (2 years. Funeral passes the Monu-mand the respect of foreign, War Lounge...109.1/16.... mont at 5 5.m, to-day.
nations-Central Neive.
----British Wireless..
20
5.12%
.20.5/16 420%
5.10%
20.0/16
100%
lot of lod