Wednesday,

HONGKONG TELEGRAPH HONGKONG

November 15, 1939.

By Ernie

Bushmiller

NANCY

HERE COMES MY STREET

· CLEANING COMMISSIONER!

SAY--WHAT ARE YOU SO

HAPPY ABOUT ?

I FOUND NINE CENTS. TODAY--

I USUALLY. FIND SOMETHIN?

EVERY DAY WHEN

I'M SWEEPIN AROUND!

MAYOR

STREE

CLEANING

DEPT.

MAYOR

SUN FO'S STOCK MARKET Navy Shows Its

VISIT A SUCCESS

Addresses House Of

Commons Meeting

LONDON, Nov. 14 (Reuter). -Dr. Sun Fo gave an interest- ing address to the House of Commons China Committee, in the Commons this evening. Sir Joh Wardlaw-Mine chairman.

Members Estened keenly and asked! many

questions, both regarding a Chiun and Runda,

Dr. Sun Fo returns to Paris os Friday

WOR

During his stay at the Chinese Embassy in London, Mr. Quo Tal- chi, the Chinese Ambassador, given a series of luncheons parties at the Embassy at which Dri Sun Fo met representative groups of Conservative, Liberal and Labour Members of Parliament, and lending journalista

Talks With Churchill

REPORT

Hongkong Stock Exchange OMelal Summary Esited yesterday says:

Efficiency

Interest in the market fugs, and Nazis Losing Ships

the row of plas referred to yesterday, though a little 'extended during the day, is some way yet beyond break- Ing point.

Buyers

H.K. and S. Hotels Yaumati Ferries Electrics

$4.40 $221/2 5401

Telephones (Old)

.$20

Sellers

$1,350 .$15.95

Entertainments

H.K. Bank Tramways

II.K. Govt. 3% Loan..07

Bales H.K. Bank

$1,330 B. of E. Asia

$71 Tramways

-910/10.10/15.05 China Lights (Old) $74 Roper

.$0 Manila Gold Bhares

Big Wedge

Coco Groves

Demonstrations

IX.L

5

PA..

Antumok!

.14

S.

has and

Atoks

.17

S

Bagulo Gold

14

S.

Batong Buhay

,001

Benguet Consol

11.10

B. S.

.20% S.

.1834

Consolidated Miner

.003 .07

Ipo Gold

3734 S. .14 B.

Itogons...

Mambulao Consol.

22 S. .04

B

Mustates

.00%

ន.

Mindanao Motherlode

07

S

Mine Operations

North Camarines

.08% .13

B

B.

Paracale Gumaus

San Maurielo

Surigao Consol.

On Monday, Dr. Sun Fo had a long convenallen with Mr. Wins- ton Churchill, from which Dr. Sun tella "Renter," he brought away a most milfactory impression of the English Government's silkude lo Cliloa

consider-

Dr. Sun Fo also spent able time with Sir Alexander Codo- Kon, now. Permanent Under Secre tary for Foreign Affairs and formerly British Ambassador to China.

Sir Frederick Lelth-Ross, Financial- Adviser to the British Government, is giving a luncheon on Thursday in

16 B. .73 S. 10% B. .12 B. Syndiented Investments unquated United Paracoles .... ,30

Suyoc Consol.

5.

order to introduce Dr. Sun Foto Mr INDIA IS READY

Oliver Stanley, President of the Board of Trade.

FOR STERN WAR

To Patrols

LONDON, Nov. 14 (Reuter). -A special commentary issued to-day states that the efficiency of the British Navy patrols is again demonstrated by the inter- ception of the German ateamers, Mecklenburg and Parana, in apite of the fact that these two vessels were using bad weather and the northern mists in their, attempt to reach Norwegian territorial waters of the Channelj en route to Germany.

Exchange At A Glance

SELLING

T.T. London Demand do. T.T. Shanghol T.T. Singapore

1/27%

1/27%

278

52

103

.24% .49%

T.T. Japan

TT. India.

T.T. U. S. A.

T.T. Manila

T.T. Batavia

45

T.T. Bangkok

140

T.T. Saigon

.108

10.00

.107.

1/0

1/3/

1/3

.25/4

.11.45

.04%

4.02

T.T. France T.T. Switzerland T.T. Australlo

BUYING

4 m/s L/C London

4 m/s L/C U. 5. A.

4 m/s D/P do,

4 m/s France.

ship

30 d/s Indin..

U.S. Cross rate in Lon.

been

When stopped, the Mecklenburg was disguised an Dutch

Hoogkerk.

ti

Both German ships had sheltering in South American porta. Both were self-scuttled to avoid copture.

Adopting Many Ruses

German merchant shipa are jeaving, the shelter of neutral ports and are prepared to suffer total loss rather than continue to pay harbour dues)

U.S. Cross rate in N.Y...3.93%

H.K. Stock Market

The following quotailons

owing to the seriousness of the Ger-issued on the Hongkong Stock mau Jack of foreign currency.

They are using all manner of ruses to attempt to slip through the British Navy patrols.

Some succeed. But even those who succeed find this useless owing to the British domination of all seas except the Baltic.

Only Fow Lossos SPECIAL TO THE "TELEGRAPH" London, Nov. 14 (Heuter). Sir

John Gilmour made his first specch

in the House of Commons as Minis-}

ter of Shipping when he replied in

the debate on shipping.

Chineso circles in London are much pleased with the results of Dr. Sun LONDON, Nov. 14 (Reuter). Fo's visit, which they are convinced, However stern and

He announced that hitherto out of prolonged have had an especially good effect war, India is far better prepared to lust.

the 3,070 ships convoyed, only seven were at a time when they believe that moot it than in 1914; declared Sir Japanese

This was a striking example of the propaganda

mast Frank Noyce, former member was active.

of co-operation of the Navy the Viceroy's Council, addressing the Mercantile Marine, and showed that and the East India. Association to-day.

Sir Frank said that the scale of

the convoy system gave security.

Dealing with freights, Sir John de- India's war exertions depend to aclared that it was essential to pre- great extent on the course the war vent a large rise of freights and a re- The number of bables born-in tukes in the next few months, but petition of unfair and illicit profits, London dropped sharply last week.ber mosi Most expectant mothers had left the be to act as a supply centre

important function must though shippers must be given a rea- city before war started,

from sonable retum for their expenses and Egypt to Malaya.

ririts.

STORK EVACUATES

Cardinal Socks

Made in England

The best wool-unbeatable for

comfort, double strength at

toes and heals for hard wear

Plains and fancier in smart

colours and designs. Ask for

WOLSEY

Sold at

Alt loading departmental stores

Zend outfitters,

Another

Wolsey

Winner

ket this morning.

BANKS

H.K. Banks $......

ACTING

MAYOR

OCT-S

INCOME TAX

[Continued from Page 4.).

re

war. When the Chancellor of the Exchequer refers to the vast sources of the British Empire, he refers to every race and creed in our greut

commonwealth of nutions. Apparently, Hongkong should be an [exception, and no

serious effort should be made to ensure that our share of the cost of the war is even- ly distributed over the whole of the British population.

The Financial Secretary has point- ed out that there is a generol tariff, a standard customs duty of ten per cent. on all ordinary imports into the United Kingdom. My recollection of that tariff is that it is mainly direct- ed against a wide list of Grueler which

come under the "luxury" classification. And why not? And why not adopt a similar system In tals Colony?

The cost of collection would be estimated within the realm of cer-

tainty, and the yield would not be Inconsiderable.

The attempt to belittle the "squeezo" possibility or factor, is to be deplored, and cannot be dismissed as airly as the Financial Secretary essayed

The assurance that there would be no need to keep accounts In English, presupposes that Chinese businesses would be permitted record their returns in the vernacu lar, or even to keep no accounts at Mor-Tax be applied to them? And if not wero, all.

How, therefore, could Income

to

to them, why to every employee of o Arm whose business is conducted 1,350 n. along Western lines?

H.K. Banks (Lon. Reg.). £04 n. H.K. Banks (H.K. Reg.) Chartered C..

Mercantile, A. & B. £ Mercantile, C. £ East Asin $.

LE4 n. .8 n.

No Squeeze It Is Said 275% n. If Government belloves that the .11% collection of Income Tax from the ..71 su. majority of Chinese by Chinese Inspectors or assessors would be the .205 b.) one sphere which would be "squeeze (x.d.) 390 n. proof," a very obvious awakening is

.1%. in store,

INSURANCES

Canton $ Union $ China Underwalter $ HK. Fire $..

SHIPPING Douglases $. Steamboats $. Indo-Chinas, P.$ Indo-Chinas, D$. Shells (Bearers) 'Waterboats $.....

DOCKS ETC. Wharves S. Docks $. Providents New Eng. Sh.

·Sh:-Docks Sh; ~$7.

MINING

Kailan s/ Raubs $.....

Venz, Gold H.K. Mines

LANDS

Hotels S. Lands $.. Lands % Deb. $. Stai Lands Sb. $ Humphreys $.. H.K. Realties $.. Chinese Estates

UTILITIES

Trams $....

Peak Trams (old) $.. Peak Trams (new) Star Ferries

Y. Ferries

China Lights (old) S.. Chima Lights (new) $. H.K. Electrics .. Macno Electrics Sandakan Lights S. Telephones (Qld) $. Telephones (new) S Tractions /

175 n. In a matter of such vital import- ance, the margin of error cannot be .70 b. dimissed lightly. As a resident of

12 n many years' standing, I

am fully

80 a. prepared to contribute my share to .30 a. the common cause, and I am only 84/4 n.too anxious that the collective result .8.10 .shall be worthy of the Colony. In order to achieve that object, war 101 n. taxation must apply to everyone, and 18.60 b.at the same time, every inducement 4.20 sa.must be glyen to 14.40 n. prepared to exploit enterprise and

204n. commerce within our confines.

those

who

are

I do not object to Government .18 n. servants receiving qularles which .9.75 n. some people believe to be excessive. ..4 . have no time, however, for the 33 Ct. n.highly paid Official who proclaims that he is only too willing to make n 14.53 sa martyr of himself and pay Income .33% 8.Tax. It is the united effort which .par. n.will count.

:10.30 n. The Colony's effort must be collec- 74 n. tive and not individual. Even if the 4.20 b.highest salarled white Britons con- 100 n.tributed the whole of their salaries, the aggregate would be nothing when 10.10 sa. compared with the collective effort

7.40 n. of every British resident. ..3.70 . under a scheme advised to "catch paying .01% averybody." .2245 b.

.7.00 U.

Foreign Residents

.474.

It must also be borne in mind that .49 b.

.18 n we

have many foreign residents 114 n. within our gates. Some of them have, 2014 b.given evidence of their sympathy' 7,00 with our cause. They too, will not 16/- n. complain if they are called upon to 18/6 n.pay little more for various forms of luxuries solely, because the Colony Cald: Macg. (Ord.), Sh. $..14 n.which has sheltered and protected Cald Marg. (Pref.), Sh. ....19 n. them for years, is now engaged in Canton Ices·5.

Aghting the greatest war civilisation 14.90 «, has ever seen, b

Tractions (Prof.) &/-

INDUSTRIALS

Cements.$...

HK. Ropes $...

STORES, &c. Dairy Farms. (old) $. Dairy Farms (now) Watsons $.. Lane, Crawfords $ Sinceres #. Wing On (H.K.) Powell, Ltd. S...

COTTON MILLS

Ewo Sh. $

S'hai Cotton Sh. $.

Zoong Sing, Sh. $..

1

.55.

In conclusion; I must deprecate the attempt, to belittle, the expression of .20 n.public opinion which has appeared inf 10% n the Fress, Hongkong is peculiar and 9.10 remarkable in that the public would

be volgeless without the Press.

716.0.1

Wing On Textiles, Sh. $....4834 n. or to contribute to the

MISC.

H. K. Entertainments $.

Constructiona (old)

Constructions (new) Vibro Filing ..... Ch. Govt, 5% 1025

G. Bonds

HK. Gooi 4% Loan H. K. Govt. 3% Loan Maramana (Lon.) s/- Marsmans (FL.K.}" 8/-

1.80 I also resent the innuendo that 41 n. European British people here, by ..in protesting against Income Tax, are trying to evade their responsibility. .22 n. That is a libel too base for words. 175 a. Many of them saw cervice in the last .42 n, war and are prepared to serve again war chest, They cannot understand, however. ...0 b. why a scheme cannot be devised 1.05 a.under which every affluent resident ...will pay more for the luxuries of life. This Colony can raise more than the $7,000,000 which has been sug .60% n. gested, and at the same time stil .100 .ntirnet capital, thus protecting and ...97 enhancing its financial standing

15/3 n. instead of Jeopardising its economic 4/- n.]future.

ROOSEVELT SEEKS BIG

SUM FOR DEFENCE

WASHINGTON, Nov. 14 (Router)-President Roosevelt has

Put A Stop To

BRONCHIAL

TROUBLE

About keep on troubling you,

8 long as hing-tearing coughing your Chest and lunds are bound to get weaker. Bo, put a stop to bronchial trouble, cheat weakness, coughs, colda and 'fu by regularly taking Peps antiseptic, breatheable ⚫tabletu.

Dissolved in your mouth, a Pops -releases rich, mediciuni essences which mix with your breath and *are carried deep into your lungs. *Thus Pops soon remove congestion, phlegm, etc., from your brouchlaj Fubes and anglet your breathing..

They strengthen and pro- tect your cheat and lungs

god give lusting relief.

1484

Agents:

Tako

To piekrve the concent un teď msances which Pypt engislu, every jakési i wrapped saalitet peper. They are packed in anaiat glass battles, along with full direction gristed in leading language et voy akcize denar.

PEPS

Breatheable Tablets

Gilman & Co., Ltd., Des Voeux Road,

Hongkong,

Here's Luck!

EWO

BEER

China Motor Agencies & Sales Co.

REPRESENTING

THE DAIMLER CO., LTD, ICARS)..

THE LANCHESTER MOTOR CO., LTD. (ĊARS), THE B.S.A. CO., LTD. (CARS),

MACK INTERNATIONAL MOTOR TRUCK CORPN.

(TRUCKS, BUSES. FIRE APPARATUS),

F. C. HEAYBERD & GO., LTD. (BATTERY CHARGERS &

ELECTRICAL EQUIPMENT).

WE STOCK THE FOLLOWING:

"AERO" VALVE SPRINGS ~"CLUFET""PISTON RINGS

"KLINGER" GASKETS

"MAXIMETTE" KUNNING-IN COMPOUND & UPPER CYLINDER

LUBRICANT

"TUMBLER" POLISHING KITS

"HEAYDERD" BATTERY CHARGERS "WESTRIC" TRICKLE CHARGERS

"DUCKHAM8" AERO NEW PROCESS OILS

BATTERIES, SPARK PLUGS, BULBS, BRAKE LININGS, FOG LAMPS, MASCOTS & OTHER MOTOR ACCESSORIES FROM LEADING BRITISHI & AMERICAN MANUFACTURERS.

our service DEPT. has the most up-to- date equipment for every kind of MOTOR REPAIR WORK.

Cars Overhauled and Serviced. Cars Repainted.

Bodywork and Upholstery Repaired. Battery Service: Batteries Re-charged Fully Charged Batteries on Sale and for Hire.

-157-158-159 GLOUCESTER ROAD, WANCHAI,

TEL NO

P. O. BOX 6732.

STOMACH PAIN

guickly stopped by 'BISMAG'

BISMAG

BISMAG (Bisurated Magnesia) is the unfailing treatment for the relief of atomsch troubles. 14 gives quick relief because it instantly neutralises the, harmful acids which cause indigestion and gastric ulcers. It also spreads a protecting film over, the inflamed stomach lining and thus allowa digestion, to proceed without pain until the cure is complete. Get Biautod Magnea (powder or tablets) to-day; the way it stops pain and conforts the stomach will wines you

A noted DIST

transmitted to Senator Taylor, Chairman of the House Appropriations (Bisurated Magnesia) Magnestuesep Committee, a request for $271,000,000 to finance the Army, Navy, Marine Corps, the Coast Guard and the Federal Bureau of Informa

·SES-THIS-:OYALE SICH

Tuli is done lit accordance with the President's declaration! FOR QUICKEST STOMACH BELIEF BISMAG

std limited toʻnational emergency,

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