SINCERE'S SUMMER SALE
STILL GOING ON
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THE HONGKONG TELEGRAPH. · SATURDAY, AUGUST 21,
1937.
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O
HONGKONG SOCIETY FOR THE PROTECTION OF CHILDREN
The total Expenditure up to October, 1937, on behalf of sick and destituté children is estimated at $25,000, against which the Income to date is $20,000.
The Society asks for the balance of
Hon. Treasurers:
$5,000
Mr. D. BLACK, C.A.,
c/o Perry Smith, Seth & Fleming.
6 Des Voeux Road, Central.
Mr. KWOK CHAN,
c/o Bunque de L'indo Chin.
Hongkong.
June 25, 1937.
UFS
HER MAJESTY AT OXFORD-Garbed in the robes of a Doctor of Civil Laws, yet clinging tightly to her umbrella, here is Queen Mother Mary as she was present at the cornerstone laying of the Bodleian Library extension at Oxford University. England. With her is Viscount Halifax, chancellor of the University.
Preferential Tariff For. Philippines Opposed
Washington. United States. Without preferential A strong congressional blor opposed status between the two countries, the to a preferential tariff arrangement rich Philippine market would be between the United States and the completely lost to American Industrial Philippines after the islands attain exporters, particularly in textiles, Independence was indicated as the mining and other heavy machinery
Committee Joint Preparatory
on and automobiles. Philipine Affairs concluded its public; The attitude of American indus- hearing here regarding economic and trialists was sou
was sounded by E. P. Commercial adjustments between the Thomas, president of the National two countries.
Foreign Trade Council, representing Competent observers believed th 500 leading importers and exporters, personal strength of President Roose when he told the committee: velt in Congress might be necessary "Ap
"Application to orercome this opposition if and of full to by the United States
aramst
Philippine pro- when HUW Philippine Fegislative; ducts will of necessity reduce both recommendations are sent in Capitol the value and volume of Philippine exports and bring about a corres- Although witnesses testifying be- ponding: decrease in Philippine pur- fore the Joint Committee were prac- chasing power to the consequent de- tically unanimous in the opinion that triment of American exports." protection of Philippine products in Thomas added later that "the con- the American market is mandatory if trued prosperity bf the Philippines some of the Islands' major industries islands is an important factor in the are to survive. Representatives from ¦ prosperity of the United States, as at least 25 states are expected to they rank ninth as a customer and joppose preferential treatment for seventh in our imports, [Philippine, sausar after independence. "The islands have
£1.
great future if
Included in this bloc are reprecg:- ¦ sustained by preferential trade with įtatives from 16 sugar beet growing us consuming American products of states. Louisiana and Florida and a class and in per capita quantity for from at least seven other states with LE excess of any oller oriental large refining interests. However, no country,"
He asserted that "there is no action can be taken by this group pending receipt of President Roore- possible basis” for differentiating be velt's recommendations.
Hiween Culia-and the Philipplacs, and was generally believed In fsuggested the feasibility of a United [conomie direles that the President | Stules-Philipping trade pact similar would follow closely the recommen- to the present United. States-Cuban daliens of the Joint Preparatory Com- agresort.
It
milice and that that body whol dreck! On the other hand, the politically, to safeguard a large port
powerful United States Bert Same present Philippine market in the Association, in a statement to the com- United States at least until the island-mitter, mid, “We urge that the in-
secured a firm footing in the world crearing cale of taxes which this
Tydings-Meflume
market.
Act will levy
On the opposite side of the question against Philippine sugar he mahitain- to the powerful sugar interests in ed. W al urge that after me Cominross was expected to be found dependence line full rate of duty be Iteprccentatives from industrial and made imunediately applicable to all export and import districts of the Philippine sutar."
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