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T.I. New York, 1981akong Telegraph”
MBraing Post, "Ltd., m Street, Hongkong.
The FIRST EDITION
Hongkong
Uberry s
Court
YOUNDED 1861
No. 10131
三拜禮 號四廿月四英港香 WEDNESDAY,
1940.. APRIL 24,
日七十三
BINGLE COPY 10 CENTE
$30.00 PER ANNUM
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MAMMOTH Sir Nevile Henderson
ON
"WIN THE WAR" BOMBING TAXATION PLANS BRITAIN:
SIR JOHN SIMON, CHANCELLOR OF THE EXCHEQUER, PRESENTED HIS SECOND WAR-TIME BUDGET IN THE HOUSE OF COMMONS LAST NIGHT.
HE ANNOUNCED STAGGERING incREASES IN DIRECT AND INDIRECT TAXATION. HE IS MAKING FRESH DEMANDS ON. ALMOST EVERY SOURCE OF REVENUE FROM HIGHER INCOME TAX, INCREASED SURTAX AND WHAT HE CALLS A NEW "PURCHASE TÁX”; TO ADDITIONAL TAXATION ON BEER, SPIRITS AND TOBACCO, AS WELL AS INCREASED CHARGES ON POSTAL, TELEPHONE AND TELEGRAPH RATES.
THE NEW TAXES IN BRIEF
IN BRIEF, BRITAIN FACES THE FOLLOWING NEW TAXATION TO HELP FINANCE THE PRESENT WAR:
price.
Standard income tax rate increased from 5/- to 7/6d in the £.
Surtax on incomes of £1,500 instead of the previous mininium of £2,000. One penny a pint increase duty on beer.
One and ninepence increased duty on whiskey, which will make a bottle of whiskey cost 16/- retail
Tobacco dutics increased by 4/- per pound, equivalent to 3d an ounce, with proportionate increases, on cigars.
Excise duties on matches to be doubled, making a box of 50 matches retail at 11⁄2d instead of 1d as at present.
Inland postal rates to be increased from 11⁄21⁄2d for two ounces to 21⁄2d. Printed papers to be increased by 1⁄2d a packet. Newspapers by 1⁄2d.
Postcards from. 1d to 11⁄2d
Foreign postal rates for letters increased from 21⁄2d to 3d and for postcards from 11⁄2d to 2d. No increase in air mail charges.
Inland telephone increase of 15 per cent, as from May 1 for trunk calls, as from July 1 for rentals and miscellaneous charges.
A Purchase Tax in the form of a percentage on the price which will be paid at the stage when the wholesaler is selling to the retailer. Sir John Simon says that the one great advantage in applying the surtax at this point is that it makes it secure that there shall be no purchase tax imposed in respect of
goods for export.
THE NEW PRINCE OF WALES:
SEEKS £1,234,000,000-REVENUE-
The Chancellor said that he was seeking to obtain from revenue a total of £1,234,000,000 which was the largest figure ever drawn from |taxation in a single year in the history of British
finance.
He said this was absolutely necessary because they had to contemplate an expenditure of at least £850,000,000 more than the preceding year.
John
re
LONDON, Apr. 23. (Reuter)- Continuing his Budget speech, Sir
Slmon, Chancellor of Exchequer, then dealt with the ques- tion of how much would be provided! by the continuance of the existing taxes at the existing level.
The yield of death dulles was estimated at £85,000,000, and stamp duties at C10,000,000. National De- fence contributions and the Excess Pront tax, which are alternatives, were estimated to yield £70,000,000.
If there were no Excess Protis tax, they could look for a yield of £28,000,000 from National Defence contributions,
Inland Revenue duties on the exist- Hng basis were estimated to yield £058,009,000-an excess of £75,000,- 000 over what it was last year,
40,
Supreme War Council Meets In Paris
Important Decisions Reached
Ready To Fight In Mediterranean
家
As regards Customs and Excise which produced £400,000,000 in 1930- it is estimated on last year's basis to produce this year £420,000,000.
For
PARIS. Apr. 23 (Reuter).m motor vehicle duties, he estimated revenue at £35,000,000, It is officially announced that the To Absorb Post Office Revenuo. Eighth Meeting of the Supreme Sir John then dealt with Post Office War Council was held in Paris revenue and disclosed that it had been on April 22 and 23. devided to take the Post Office revenue! Britain was represented by Mr. into the Exchequer. Excess. Profits tax was being made Winston Churchill (First Lord of the The machinery operating in the Neville Chamberlain (Premier), Lord (Foreign Secretary), Mr. Halifax more efficient, but it must not be Imagined that the changes involved Admiralty), and Sir Samuel Hoare constituted merely a list of concessions (Air Minister), accompanied by Sir Ronald Campbell (British Ambass- orto lax-payers, colore rerne dor, to France), Sir Alexander Cado
would be consideration for concerna gan (Permanent Under-Secretary for Wales. She was launched by the Princess Royal on May 3, 1939, at bein view of the war conditions-they left), Adntiral Sir Dudley
to depressed industries."
Foreign Affairs), Sir Cyril Newall the Cammell Laird yards at Birkenhead, and is one of live new battle-must postpone the general revaluation Found (First Sea Lord) and General
of properties for assessment for slips of 35,000 tons each which, according to Hector C. Bywater, the income tax which otherwise should Sir Edmund Ironside (Chief of Im-
perial General
France as by M. Paul "News Chronicle" naval correspondent, are about to reinforce the have been made this year.
Reynaud (Premier); M Daindier British Navy.
Sir, John also proposed an amend- (Defence Minister), M. Cesar Cam-. The others are the King George V, the Duke of York, the ment of the legislation to deal with pinchi (Navy Minister), and M. certain forms of estate duty avoid-Laurent Eynne (Alr Minister), ac- Jellicoe and the Beatty,
rompanied by General Ga
Gamelin, In regard to Customs and Excise, Admirai Darian, General Vulliemin, In addition, two super-battleshipa of 40,000 tons each, the Llon Sir John proposed to introduce legis M. Corbin (French Ambassador to
fatlon on two points: (1) To assist Britain) and General Koeliz. and the Temeraire, are about to join the Navy.
PLEASE Turn To Pago 7:
PLEASE Turn To Page 7.
THE ONLY PHOTOGRAPH ever taken of HM.S. Prince
1
In
ance.
Customs Profcranco
GOERING'S PLEDGE
SEE PAGE FOUR
FIERCE BATTLE RAGING FOR OSLO'S GATEWAY
STOCKHOLM, April 23 (Reutor).—It is reported here that a fierce battle is raging in contral Norway for the possession of the gateway to Oslo, where the Gudbrandsdal Valley enters the southern plain near Lillehammer.
B.E.F. IN ACTION IN FOUR SECTORS
STOCKHOLM, Apr. 23 (Reuter).—According to reports received here, British troops are in action in at least four sectors of Norway.
At some points to the north of Trondheim the British and Germans are reported to be within 200 yards of each other.
The reports add that the Ger- mans momentarily hold com- mand there as the Allies ap- parently lack anti-aircraft guns and fighter planes.
It is claimed that despite constant air raids no damage has been done to the British defence positions although the headquarters had to be moved. twice.
The rapidity with which the Ger- man aircraft discovered the location of British Headquarters gives reason to suspect that a well-developed spy- ing system is under way.
A correspondent of the "Afton Bladet" ways that on Tuesday German planes attacked Namsos, Grong and the Steinkjer area from carly dawn until late evening.
AIR FIGHT. OVER BELGIUM
French, Nazi Planes
In Conflict
2
British and Norwegian troops are attacking in the direction of Hamar and have reached Noelv, despite strong German resistance.
The messages declare that the Norwegians are being equipped with modern arms from the Allied depots.
Further cast, German forces which had been thrusting from Elverum northwards towards Renu, are now reported to be retiring.
Nazis Lose Four Planos The "Afton Bladet" reported that In the course of Tuesday the Germans loat four aircraft in the same region, of which three fell to the anti-air- craft guns from a British worship, while the tourihi made a forced landing in the hills and was burned by the crew whom the Norwegians took prisoner.
Fighting is also reported at Melhus, only 12 miles south of
Trondhicim.
The newspaper adds that although
BRUSSELS, Apr. 23 (Reuter). reports of the recapture of Hamar -French and German aircraft and Elverum are now known to be premature, British and Norwegian were in action at a great height troops are making a strong alinck over Belgian territory to-day, towards Hatnar. according to communique
Nazi Counter-Attack issued by the Ministry of De
LONDON, Apr. 23 (Reuter).-A fence.
War Offee communique Issued to- No Morey
Lunch-time crowds in Brussels day says that operations in Norway Planes of every description had a shock when the city's anti-re proceeding in co-operation with
the, Norwegian forces. banibed and machine-gunned every aircraft guns opened fire and In the south, states the -village-throughout the region.
Belgian-fighters--were....heard munique, our troops are working in the Norwegians conjunction with und are resisting pressure from the enemy.
on
taking off.
The communique said: "Necessary protests will be made.'
No collection of houses, however small, was spared. Immediately one plane had dropped bombs and exhausted its machine- gun belis another relieved it.
Battle Over Verdun Everything moving
roads or Belds were attacked,
LONDON, Apr. 23 (Reuter).-The The population were terror stricken but had no place of refuge for the leadquarters of the British air force to the in France announces to-day that hills are impassable owing
British and German fighter patrols wetness of the
snow.
this fought an indecisive action in the Nevertheless, according to correspondent, the casualties are few.neighbourhood of Verdun,
One French soidler and one child were killed and ten persons were wounded.
German Report
One Messerschmidt 110 is believed to have been shot down.
One British aircraft was set on fire; by enemy action, but the pilot escaped by parachute.
PARIS, Apr. 23 (Reuter).-To-day's that there was
LONDON, Apr. 23 (Reuter).-The official German news agency states that German reinforcements, have communique says arrived at the Bergen und Trondheim fairly brisk activity of artillery arcas and claims that the enemy both sides between the Moselle ant were defcated in a two-hour battiolics,
to the north of Trondhelm.
At Narvik, the situation is essen- tinlly unchanged.
French supplies were brought in the German troops there.
"The British developed a certain
on
Enemy patrols have been repulsedj west of the Vosges,
There was an exchange of rifle fre along the banks of the Rhine.
activity in the neighbourhood of Nar- MACKENZIE KING
vik, British cruisers and destroyers Aired almlessly into Narvik.
The
Germans had no contact with the WITH ROOSEVELT
enemy as troops of the enemy landed ore a considerable distance from Narvik."
The agency claims that enormous damage was done at Andaleses end that "considerable losses were in- ficted on the British landing troops" during attacks which lasted from early morning throughout the day.
WARM SPRINGS, Georgia, Apr.j 23 (Reuter)-Mr. Mackenzie, King, the Canadian Prime Minister, nrrived here to-day and drove to President Roosevent's cottage, where the Pre- sident greeted him with a warm. handshake.
President Roosevelt later Informed the Preas that the visit had no poli- tical significance.
GEN. SIKORSKI TO Roosevelt are old friends and Mr.
VISIT LONDON
LONDON, Apr. 23 (Reuter).— "Reuter's" diplomntle correspondent learns that General Vindislaw Sikor nki, the Polish Prime Minister, is ex- pected shortly in London on in unofficial visit,
-It is understood that General Sikorski will meet high-ranking of- cers of the RAF to discuss means for furthering the co-operation of the .British and Polish Air Forces,
LONDON, Apr, 23 (Reuter).---A¢- cording to tfio German Radio, an Italian Economie Mission is arriving in Berlin to-morrow.
Mr. Mackerale King and President
King visits the President every year.
com-
In north Trondheim our troops have been counter-attacked and a tharp engagement ensued.
LATEST
Seo Back Pago For Further Lato - Nows
GERMAN FORCES MASS OPPOSITE SWEDEN
STOCKHOLM, Apr. 23 (Reuter).-The “Afton Bladel's" corai respondent at Kaunas says that comprehensive milliary preparations are in full swing on Germany's Baltic coast,
Masses of troops and munitions are arriving at ports, ing the Memel region and East Prussla from other parts of.Germany.
Cyllians are barred from these "ports which are str
guarded.
...The correspondent adds that the Baltic states romain calmi. They are convinced that no action: is intended against. them.