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TUS YAR KANT AVIATION COMPANY, LIMITED, 20, Nathan 14, Kowloon. Telephone 39101.
|Dollar T.T.:—16, 211/164, Manager
T.T. New York:22814500 Telegraph" folfking tichrimhine0.3topang Pust, Ltd.,
Street. Hongkong
The
FINAL EDITION
Hongkong Telegraph.
FOUNDED (88)
No.. 10933
# ++** WEDNESDAY, OCTOBER 11, 1939. #Ʌ
BINGLE COPY 10 CENTS
$30.00 PER ANNUM
★ no other tyre is like it .....
no other tyre even looks
like it
THE DUNLOP FORT TYRE
$4,500,000 Additional Taxation
Taxation Will Be
Will Be Needed In Next Financial Year
HONGKONG'S $50,000,000 BUDGET WILL SET NEW RECORD
RECORD JAPAN'S DEBT REACHES
POPE'S SCHEME OPPOSED
SPECIAL TO THE "TELEGRAPH" VATICAN CITY, Oct. 10 (UP)-Plans drawn up by His Holiness the Popo for the creation of an anti- Atheist bloc in Europe aro belloved to have suffered a satback.
Both London and Paris are reported to have indi- cated that they are unwilling to participate in any such bloc at the prosont timo,
It is belloved that their unwillingness to join tho plan is due to the fact that any such action would forca the Soviet closer to Gor- many.
Britain and France are bo-` floved to have indicated to the Vatican that they are favourably disposed towards closer relations with Spain.
$1,000 FINE FOR STORE Wing On Company
And Food Control
THE WING ON CO, LTD., prominent department stores of Connaught Road Central, were fined $1,000 by Mr. R. A. D. Forrest at the Central Magis tracy this morning for a bronch, of the food price control regula-
ADDITIONAL TAXATION OF APPROXIMATE- LY $4,500,000 WILL HAVE TO BE RAISED BY GOVERNMENT TO MEET INCREASED EXPENDITURE IN THE 1940-41 BUDGET,
FOUR-POINT
WHICH WILL BE INTRODUCED IN LEGIS PEACE DEMANDS BY
LATIVE COUNCIL TO-MORROW.
Expenditure will roach the record figure of $50,118,178. Government is budgeting for a deficit of only $326,708.
The fifty million dollar budget is the highost in the Colony's history and represents an increase of $10,000,000 over estimated expenditure for the current year.
The large inercase, however, is mostly attributable to the fact that the financial year of the Colony will, after] the current year, end on March 31 instead of December 31, as hitherto,
In order to bring this change into effect, the 1940-41 estimates are based on a period of 15 months, i.e., from January 1, 1940 to March 31, 1941. By comparison with the 1939 estimates, therefore, most sub-heads show a 25 per cent. increase.
Even after allowing for the extra three months
THE ALLIES
SPECIAL TO THE "TELEGRAPH" WASHINGTON, Oct. 10 (UP),—In view of statements already made in London and Paris, competent observers in Washington believe that the Allies will require the following guarantees as minimum requisites to peace:
1.-Wholesale revision of the Totalitarian system of Government in the Reich;
2--Relegation and disappearance from the political scene of Herr Hitler and all other current Nazi leaders;
3.-Restoration of Czecho-Slovakia and Poland; 4.--Drastic disarmament, probably under inter- national scrutiny.
Few people, however, believe that Germany would
offer these guarantees.
covered by the estimates, the total estimated expenditure for 1940-41 is higher than any on record, but if the, estimates of revenue-also a record are realised, the surplus of assets will remain at March 31, 1941 substantially above the figure of $10,000,000 which has been regarded as a A proper reserve,
The estimates of expenditure were prepared before the outbreak of war between Britain and Germany, and -It is emphasised that no account is taken of extra expenses of its kind to be dealt with by which the Colony may be forced to undertake on this
tions,
This was the second summons
the Court.
The defendant company were 1939 ESTIMATES charged with having sold, on September 15, to V. C. Branson,
a 5-lb. tin of Klim whole milk at $11.50, this being more than 10 per cent. above the retail price prevailing on August 31, Mr. D. McCallum, for the defence,
said his clients were very reluctantly on his advice, pleading
H.K. WILL
HAVE SURPLUS
Boom In Revenue
account.
The major increases over the 1939 estimates after allowing for more than 25 per cent in-. crease in view of the 15 months
period are as follows:
Charitable Services, $224,749, due to increased grants to the Tung Wah
STAGGERING TOTAL
SPECIAL TO THE "TELEGRAPH"
TOKYO, Oct. 11. (Domai)-For the first time in 'its history, Japan's domestic and foreign loans will shortly roach the 20,000,000,000.Iovol.
This is approximately the double total of the Japanese internal and external debt at March 31, 1937, and is almost entirely attributable to the Sino-Japanese War.
At the end of September, japan's national debts total- led 19,953,875,000 yon.
Of this huge total only. 1,268,888,000 comprises foreign loans, as compared with 1,316,955,000" in
1937.
More than half the pro- sont total is owing to Creat Britain, who is Japan's cro- ditor to the extont of 772,786,000 yan. Japan owes the United States 335,116,000 yen and France 16,984,000 yon.
The Japanese yen, which is pogged to sterling, is worth approximately 1s. 2d.
FINLAND'S PRECAUTIONS Populace Of Cities Evacuate To Safety
OPECIAL TO THE "TELEQRAPH" HELSINGFORS, Oct.
U-Boat Sinks Neutral Ship Swedish Steamer Sent To Bottom
LONDON, Oct. 11 (Router).—— Another neutral ship has been sunk by a German submarine. She is the smal! Swedish steamer, Vistula, 676 tons, with a crew of 18.
A U-Boat came across her in the North Sea on Sunday and gave the crow 10 minutes to leave. The men were taken on board the U-boat and thon put in their two life-boats.
One boat reached a northern port In Britain. The other, which con- tains the captain and eight members of the crew, have not yet turned up. A llle-boat and other vessels are hunting for the missing boat in heavy Beng.
Neutrals May Toll Hitler Off BRUSSELS, Oct. 10 (Router)--M. Peul Spaak, the Belgian Prime Minister, said to-day that a demarche 10 might be made by neutral powers in
Germany is envisaged as making a supreme offort to regain her position as one of the world's greatest Powers, and it is believed that she (UP) The Finnish Government Berlin about the torpedoing will certainly not accept any Allied terms has appealed to the populace to neutral shipping. without a further struggle.
voluntarily cvacuato Helsing- prolonged war is generally anticipated.
fors, the capital, and Viberg. Women and children It is believed that the only urged to leave before Thursday. thing that can shorten the war
Evacuation will become obil-
DALADIER'S
REJECTION
Hitler Flayed In Radio Broadcast
PARIS, Oct. 10 (Reuter)— France and Britain are solidly united and determined to con- tinue till victory.
hospitals and for relief of refugees.
This is the keynote of the H.K.V.D.C., $107.303, dur In- speech by M. Daladler, the
this evening creased members and equipment. French Premier, who broadenst
c. M. J. Abbott, Assistant Crown Exceeds Higher Costs Rald Frecautions, 3689,048, due
Solicitor, prosecuted. Mr. H. R. But-
■
are
is that Germany will realise that gatory if the situation becomes
the firm stand adopted by more critical.
Britain and France; together
Tertter
Responsibility For War
at
--For-the-first-time in Finland's history, Finnish elties were blacked out to-night. These dramatic events
4
Russo-Latvian Pact
coincide
SPECIAL TO THE "TELEGRAPH”
LATEST
BIG SEIZURE
IN RAID
of
Over a quarter of a million heroli pills were seized by the Revenue
afternoon
The solrure was made in a locked room on the ground floor of No. 3 Lau LI Street and Included of pills. The revento party had to paraphernalia used in the making
but no-one was smash in the door to enter the room,
found inside and no arrests were made,
The raiding, party' was led by Mr. H. A. Taylor, Assistant-Superinten- dent of the Imports and Exports De- partment, Mr. A. W. Grimmell, Chief Preventive Officer, and Rovente Omer H. K. Darby.
No R.A.F. Bombs Dropped Yet
with the enormous advantages gained by Soviet Russia, will prove as great a menace, or even with the departure for Moscow of Department in a raid at 1 o'clock this greater, than those which Ger- Finnish delegation, summoned to the many alleges she faces
Kremlin for vital political and eco- nomic present,
negotiations. with Soviet Russia,
Reports of Soviet troop concentra- tions still continue, although official the war. has now been neatly placed ledge of any addition to the normal The responsibility for continuing circles say that they have no know on liller's shoulders, as result of Soviet garrisons, This is the consensus of opinion in M. Daladler's dramatic broadcast. responsibile quarters in Washington.
The responsibility for continuing RIGA, Oct. 10.(UP)-The Russian the war has, it is believed hero, been Latvian poet, providing for naval to completion of equipment program- ters, then Acting Food Controller, THE HONGKONG' Govern-me.
switched back was in Court,
Germany by M. boses at Riga, has been ratified. ment anticipates ending the 1939 creased staff and more patients,
Medical Department, $490.975. In- France were mistresses of the lord guarantees of a type which
M. Daladier sald Britain and Daladier's demands that Hitler must Troops, Battleships Concentrated Mr. Abbott said the tin of Klim Financial Year on December 31 milk was sold to Mrs. Branson for with a surplus of $65,291, des stat
Police Force, $318,393.
History showed those who Britain and France enn feel that will Soviel Government have sent troops. MOSCOW, Oct 10 (Reuter).—The increased sta. $11.50. The price at which the pro-
hold the duel could have been sold in accord-pite the fact that expenditure,
sea wore always vic-further aggression or security
Europe Public Works Extraordinary, $1,-torious.
invulnerable to ships and aircraft to the new basCA ance with the food order would be will probably exceed the original
Although the French Premier has thousands of troops are reported in the Balls States, Hundreds of $10.15 or $10.18. The company was estimate of $37,757,223 by $2-
"But England does Now Queen's Colloga
not stop at tactically left the door open for along the border of Finland, fully entitled to sell ni those Sgures.
giving us support of her Reet nor negotiations, he has, in effect, com- daily more and more airman. She is pletely rejected Hitler's peace feelers. reported to be concentrated as the along the Western Front still await A whole armada of battleships Is and machines of the Royal Air Force Public Works Extraordinary will, rapidly sending her splendid youth during 1940-41 cost the Colony $3,- and robust material as well,
Soviet base of Kronatadi in the Gulf their first real action with the enemy, 478,350, despite the fact that it has
of Finland.
says "Reuters” special representa- But revenue has boomed to all work on, the new Government been decided to suspend completely
"In certain French districts when
SWEDISH SHIP
tive with the RAF. in France. such an extent that it is anti-House.
the German wireless was pursuing
Finns Evacuating
Bomber and fighter squadrons are Provtalon is included for the start-
a vain campaign to separate France
TORPEDOED
STOCKHOLM, Oct. 10 (Reuter)-now distributed among the heavily and Briisin and was alleging that
The Finnish Government have de-camouflaged aerodromes behind the Britain wished to wage a war with
cided to effect voluntary evacuation line, pailently awaiting orders lo COPENHAGEN, Oct.
10 of certain towns, notably Helsingfors, attack. the blond of Frenchmen, the vafoe (UP). A report from Stock-Viborg. Tammerfors and Aabo,
EL British bombers have not yet of the announcer was drowned by holm says that the Swedish from lo-morrow.
dropped a single bomb voys of British soldiers and guns steamer Vistula, enroute from view of the gravity of the situation," fearned about the German striking This decision has been reached in Western Front, but lessons are being Gotenborg to Hull with a cargo according to a telegram from Hel-force and anti-aircraft measures. 52 of pig iron, was torpedoed north-singfors. east of the Shotland Islands,
A report from Helsinki says that Nine members of the crew took to about a quarter of the inhabitants In No Spirit Of Conquest
the lifeboats and were saved. Nine Helsinki are being voluntarily evarti- "Neither France, nor Britain on-others are missing.
PLEASE TUIN To Page 2.
However, he fully recognized that if €52,734. the company had sold at those figures, they would have sold at a loss. This budgeted for.
A substantin! deficit Was was due to the wholesale price being increased,
300.260.
Bigger Profit Margin cipated that it will, on Decem- ing of certain other new buildings. Mr. Abbott said he was satisfied the ber 31, exceed the estimate of including tin in question was from new stock, $36,097,825 by $4,377,923, This Hospital, a
tory,
the Infectious Diseases new Queen's College,
the wholesale price of which per tin total-$40,475,248-will be $8,-Health Centres and a Girls' Reforma was $10.38. The Company could have sold the product al $10.50 and 789,398 more than the total made the same margin of prost. I revenue in 1998.. the Company had sold at that figure.
he would not have advised for a was 17.4 per cent more than the pro- Actual revenue up to August 31 prosecution to be taken. The margin portionate amount of the estimate. of profit was previously two per cent. but they bad increased it,
Boom In Income There was no reason for the food The boom in revenue is stated to be price control order to be misunder-principally due to the continued
PLEASE Tum To Pago 2.
PLEASE Turn To Pago 2.
HITLER MAY ASSUME COMMAND OF ARMIES
PARIS, Oct. 10 (Reuter).-Herr Hitler may arrive at the Western Front this week to assume supreme command of the armies, according to rumours from neutral sources.
·
The reports state that Field-Marshal Goering would after warda be charged with the active command on Hitler's behalf, and would rank above General von Brauchitsch,
It is said that Hitler's own plan for a lightning war could then be adopted Instead of the General Staff's plan, which has been ready for years and has been kept up to date as the French and German fortification systems progressod.
As before, all new works connected with the Water Undertakings are be- jing charged to loan account.
the uninterrupted rumble of con-
towards our frontiers.
"Events have destroyed many other attempts of enemy propagandu.
The revenue for 1940-41, which is put at $40.503,470, has been estimated generally on the assump- tion that the coonomie activities of tered the war in a spirit of conquest. the Colony will be maintained at They are obliged to fight because
Protest To Germany not far short of the present level. German domination is being forced authoritatively reported from O10 BRUSSELS, Oct. 10 (UP)-It lo Over-Optimistic.
Hitler's speech means, 'I have con-Hat the Scandinavian Powers have This may prove to be over-quered Poland, I am satisfied. Let collectively protested to Berlin optimistic, especially since the out-us stop the struggle and organise against the torpedoeing of neutral vestois and the general interference with navigation.
on Europe.
R. A. F. MISSION TO CANADA
LONDON, Oct. 11 (Reuter) ----Man
along the
Sea-Back Page For Further Late Newa-
GOVERNMENT CONTROL
OF COMMODITIES SEEN
- FORECASTING Government control of essential commodi. iles, an important Bill is to be introduced in Legislative Council to-morrow by the Attorney General
break of war.
pence," M. Dalsdier declared, Account has been taken in the draft: Unfortunately we have heard all estimates increased yields due to this before, added M. Datadler, who higher assessment and of certain proceeded to recount Hitler's pro- other creases of taxation on the lines fald restore confidence, we must fight
increased receipts, but hovious broken promises. allowance is made for possible in- "If we really Want peace that will
The now Bill, which will re-fto introduce the Bill at to-morrow's which if may be necessary to Imposetions for the rights and interests of down by the Taxation Committee, against force and for homost negotia
colvo its Firat Reading, provides Council meeting was taken at the last for the maintenance of reserve
minute, S conditions worsen.
When the normal Order of Businème atocks of commoditics which at the Legislative Council was, Twenty-five per cent of the Co-
all nations," he said.
duties and Tony's total revenue will come from
would be essential for the vital published yesterday, no provision Won't Lay Down Arms Bir Kingsley-Wood has revealed that needs of the community during was tnade for the introduction of the assessed taxes.
10.72 per cent from
"We shan't lay down arms, untija. British Air Misalon, headed by war or other public emergency Motion relativo to. the proposed B It is estimated that the revenus we have, sure guarantees of security to Canada to confer
Lord Riverdale, is already enroute
An amended Order of Huineas from the KCR will by almost which cannot be placed in jeopardy
the It also provides for the registration was issued late this morning, con- halved
Australian PLEASE Turn To Paga 2.
New Zealand and of importers of such commodities,taining detalls of the proposed mea- Canadian Müssions.
It is understood that the declaloni sure.
SPECIAL TO THE "TELEGRAPH"
WASHINGTON, Oct. 10 (UP)
with