THE HONGKONG“, TELEGRAPH, TUESDAY, JUNE 28, 1919.
ANGLO-ARGENTINE
SIGNED
PACT
UK To Get £46m Worth
Of Meat In First
First Year
Buenos Aires, June 27.-Britain and Argentina today signed a new trade pact calling for the exchange of Argentine food for British machines, oil and coal valued at £1,000 million both ways over the next five years.
President Peron, addressing observers at the signing, said: "This agreement has not been directed against anyone, but has been concluded to satisfy our mutual needs."
The British Ambassador, Sir John Balfour, who led the British trade delegates through more than 18 weeks of negotiation, said that the pact was an outstanding example of "complementary trade.”
The document was signed by the agreement did not represent i Sir John, Dr Juan Bramura,
"blockade, monopoly
от
Among the items which Bri-
the Argentine Foreign Minister, disloyalty." and four Ministers of the Ar- gentine Council,
National Economie tain will send to Argentina aro
RCAF Drops
pottery and glassware (£3.20 Ballot Boxes
The signing ceremony was 000), and held under
are lamps in a ducts (£4,000,000).
while roam д Government
House. In his speech, Sir John
Balfour expressed regret
of
over the of
the disappearance "triangular trade pallern"
London, Buenos Aires and New
York,
This was, he said, an inevit able result of the post-war economic turmoil.
FUEL SUPPLIES
pro
the
The British Government will also lend all the necessary "within the limits of assistance, the powers they exercise in
matters", to ensure Buch supply to Argentina in the first year of 1,800,000 tons of crude oil, 3,750,000 tons of fuel oil and The Argentine President said 250,000 tons of other petroleum that the pack contained no hld-products, to a total value of
er meanings, but £20,000,000 from United King den 'clauses
purely commer- represented o
dom oll-producing companies.
supplies cial understanding. Observers Petroleum product
will be years assumed that he was addressing in subsequent his remarks to opponents of the agreed mutually.
Total British exports to Ar- pact in Washington when ho added: "This agreement is not gentina in the Brst year will directed against anyone." The thus amount to £121,335,000.
Bald that Argentine President
Ex-Premier's
Libel Suit
4
In Labrador
Canada Goos To The Polls Montreal, June 27.-The Royal Air Force today Canadian dropped ballot boxes from the had pre- air on 12 Labrador communities where bad weather Vented their delivery before the general election to name the new Canadian Parliament,
A "better than normal" turn- was reported throughout the Dominion. The first arrest was in Montreal,
out
Argentina, in the Arst year, in the election police armed
man
will import passenger cars and where
and revolvers Party spores worth £5,000,000, trucks, with blackjacks
on Liberni buses, and other motor vehicles descended
and motor headquarters to arrest a £3,200,000, cycles and blcycles, with spares, charged with interfering wit
another person's right to vote. worth £2,000,000.
Three men were also arrested to meat, which In Addition
in a special in the French section of Mon- be covered will five-year contract to be nego-treal after Roland Lamarre, Pro- tiated in London, Britain will gressive candidate, has charged
Argentine that 400 "wrestlers and purchase from the during the first year £53,100,000 convicta" were beating up his worth of other foods and feed supporters to keep them from London, June 27-A libel ing stuffs, including £20,000,
Rain kept some voters from action by Fereno Nasy, former 000 worth of corn, £10,000,000 yoing.
worth of linseed oil, £18,200,000
Settled
****
cx-
Prime Minister of Hungary now worth of various raw materiala the polls in the moning in the provinces, but the living in the United States,
skies cleared at noon. of the and £800,000 worth of other maritime the publishers against
"Perfect weather" was report- British Sunday newspaper Roy-goods.
both With meat supplies valued at
Quebec, where cd la nolds News was withdrawn on
Liberal and Progressivo Con- terms today at the King's Bench £40,000,000, the total value of British Imports from Argentina Division.
in the first year will be £129,- servative Party headquarters
reported a heavy vole. Mr Quintin Hogg, Counsel for 000,000.
Under the payments clause, Nagy, told Lord Chief Justice Goddard that the defendants Argentina "will permit, without had agreed to pay Nagy a sub-restriction in so far as sterling stantial sum and his costs, and exchange is available, a remit had apologised for the article tance complained of.
12
of
PAYMENTS BALANCE
of truth in these allegations. provisions.
Apologising on behalf of the defendants, Mr Jolin son said that
Themp-
implications,
Long lines of voters formed in Toronto before the polis opened, and a record voto was predicted there.-United Press,
Disturbances
In Calcutta
Inspired By Reds, Say Police
TRADE
SIDE GLANCES
By Galbraith
давайтес
5-17
COM 1148 BY HER BENTICE, INC. T. M. REG. 14 & PAT, OFF,
"Look, Mr. Miller! Won't your wife be tickled when she soos thie? She made Page Ono for knocking the top off a fireplug!"
Outstanding Rents
Paid In Gold Yuan
DROP IN HK & CANTON
ICE COMPANY'S
for the Company's purchase building in Shameen and sald
PROFITS
Devastation Of S'hai Suburbs
Report Issued By Red Committee
Shanchal, June 28,-The Na tionalist scorched earth polley caused extensive devastation la four Shanghai suburbs—Tazang (alto of the former Nationalist Air Force acrodromo), Chenju, *and Kochlao, in Pootung, Blanchenk
This information was given In d report Issund. today by the Committee for Relief of Suburbs. It said that Immense damage was done to Tazang and Sin- cheng
enel of which had numerous homicts. wiped out. hundreds of houses razed, and acres of farms and produce laid waste.
In Tarang alone 145 hamleta were
20,014 destroyed - and houses burnt. Thaim directly affected over 10,000 inhabitania, In Sincheng 40 hamlets were destroyed by fre
In all these districts planta- tions of wheat, beans and voge- table ware completely ruined.
Hordes of homeless farmers are today without the minimum to rehabilitate them- resources
elves or to recover their farm products,
to
At a meeting of the Relief Committed it was decided distribute seeds for beans, rico and other farm produce to re- fugees, and societies and charit- able. Institutions were urged to farmsteads help in rebuliding and supplying farming imple- ments. Reuter.
CALL FOR ACTION
ON BLOCKADE Shangbal, Juno 28.-The Brillsh-owned North China Daly Nows urged the Powers, in an editorial this morning, to place their own interpretation on the so-called Nationalist bloc kade and act accordingly if de Nationalists. do not make clear their action.
*
"The ordinary man in the street will set aside legalities in this matter and form the opinion that whatever nomenclature is employed, the general idea of the Nationalisis is to prevent liberationist- that trade with held ports which is so necessary for rehabliltation," the news-
said. paner
for
It adds that the Nationalists, by refraining from declaring the endeavouring to blockade, are
of tho a belligerent, and yet to have all the benefits which
might accrue from out-and-out blockade.
provent
recognition uberationists as
What the Powers can do in the circumstances remains to be seen, but it should not be im- possible to put an end to a stafe of affairs which is neither one thing nor another."Reuter.
TRAIN SERVICE Shanghal, June 28-Direct train service between Shanghal and Peiping is to be resumed on July 1, the independent verna- cular Wen Wel Pao reported.
the along Communication
Railway has Tientsin-Pukaw
disrupted for the past three
been years.
cargo
still have to cross-
the
Calcutta, June 27-One kun. ¡mal business of this meeting / purchase for the thing have Yangtze River by ferry as the
commercial transactions between
and
And
on Communist prisoners who
a
your
it them in such a manter as to protesting against police firing this opportunity to express our of the general managers, had not meant to suggest that attain, throughout the period had mutinted in Calculta gaols, there was any foundation for of the agreement, a balance of The procession the implications.-Reuter, sterling payments at the highest with.
persible
In a their
SIT,
they affirmed i
ot
fear
seven
was dispersed and gam bombo balons.
An Assistant Police Commis- -datermination
policemen Blaner and the bondy maintain
In a clash with BRITAIN FACING
were injured
an today - at friendship and foster economic strikers carlier
which ECONOMIC CRISIS relations
factory traditionally American-owned united their peoples.'
North Calcutta, where work- The past, replacing the Andes men have been striking because which expired last some of their demands have not Political experts Bald the Morch, was concluded after 18 been met by the management.
4
She was 15 years of age. The funeral will take place at
3 o'clock tomorrow afternoon at
the Catholic cemetery.
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THE COULTING BROTNENS PRODUCTION 69 Howard Spring's nova!
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BERNARD MILES CARLA LEHMANN · HUGH BURDEN' MARIORIE FIELDI83» sa sermour HCKS......, ANTWORT WAGEN- Dested by ROY SOULTING
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A TWO CITES FAPS » » DisGIUDICE » (PUTET at proqpty-on
A number of their tenants had taken advantage of the drop in the Gold Yuan and paid their outstanding rents in that currency, which, when converted, showed a consider- able deficiency in terms of Hongkong dollars, said the Chairman, Mr E. R. Hill, at the annual ordinary meeting of shareholders of the Hongkong and Canton lee Manufacturing Co., Ltd., held at Windsor House this morning. The Chairman, reporting that carrying a debit balance In Pro- ce of invisible payments,
the nett proat for he perlodt & Loss Account a payment to under review was considerably shareholders from the sums I including profits, pensions and
less than in the preceding year, have just mentioned would in other income."
dividend out of the
also revealed that the Board had effect be a Two
years ago, under
A revaluation guarantee, to
attil nat received an offer of capital which the law does not heading "What Did Happen In
permit. the
Argentine newspaper be agreed between the Bank of Hungary?"
the
The matter to which I have apply to Bank, will published an article by Anna England and
balances,
that until conditions in China just referred is of course linked credit Kethly, a supporter of the pre Central
Argentina's
had resolved themselves a sale with our previously stated Inten- of pent Hungarian Government,
plus or minus the net forward
tion to endeavour to dispose was unlikely.
regret that your Mr. Hoge said that the arti- position during the first year, cover the balance factual allegu and will
Proposing the adoption of the the building. I
Board has not received an offer At present: passengers_and cle contained
accounts, the Chairman sold:
and tlons of the most serious kind, existing at the end of that year
Before commencing, the for-of
until conditions In until utilised. suggesting that Nagy was
sale is
1 railway ferry "Nanking" has not corrupt traitor who misused his
A minor Consultative Com ils
tho yet been repaired.-Reuter. oMcial position to betray. mittee, to be set up in Buenos
which our
sustained unlikely. Earlier in the year the company be responsible for dred demonstrators who defied should like to refer to the loss resolved themselves a
buliding was
was inspected by country and acquire wealth for Aires, will
general himself. It was not now sug-keeping under review the appli-Calcutta's ban on processions by
representative of
Dies After Long pleased to and I am agreement's trying to march into the Bengal by the death in July last year buildin the gested that there was a syllable cation
Tate managers the Secretariat, in the hears of the of Mr D. L. Newbigging,
CBE. As you know,
Illness elty today, were Communist-CB
police Mr Newbigging was formerly inform you that the report on inspired, according to
director of our company and its condition was satisfactory.
Mrs Li Kok-yuk, mother of Reverting to the Accounts I officials,
his wide knowledge of business
no sums Mr C. N. Li, Assistant Govern who demonstrators,
ΥΠΑ always affairs The
readily would mention that
Ofleer, Reynold News Both Governments undertake
in to use their best endeavours to pelted the police with stones available to us. To his family are included therein for direcment Social Welfare had published the article
tors' fees and for office expenses died early this morning in the slogans
and many friends I would take bricks, shouted
It is Queen Mary Hospital after good faith, but since attention encourage had been called to the serious Anancial
long illness. Intended, as was agreed at our and harmful
The Report & Accounts have that these be
last Ordinary Yearly. Meeting. adjusted In the deep sympathy in their loss. been in your hands for the period prescribed by the Art-Anal analysis if and when the
building is sold. with cles of Association and
I do not think the Accounts your permission and following nil for any further explanation usual custom I will take them from me and I trust that you asked if it were not possible to by refunding ns read.
the trans reduce abilities will give approval-
the amount As you will observe from
to shareholders at Profit & Loss in the net for of the net profit figure,
$3,088.03 to reduce the debit the rate of $2 per share. He quito legal and would bo in profit for the period under balance in Front & Loss Account remarked that such in the preceding year. While 19 $13,450.72.
keeping with the ultimate aim Vlow is considerably less than
Before putting to the meeting of winding up the Company. over-all expenses have been re-
Mr Loureiro added that they from the renting of our building the Accounts I have to advise should take heed of the writing In Canton have dropped by
that the directors were up approximately $7.700 to $15,500, you that the Company on the wall. He was well aware That position I would state la ceived an order from the Regis as a result of the depreciated trar of Companies substituting against a problem which was Currency. You will the Reconstructed Register not only extremely difficult but He was not, how- Chinese
the criticising 1948 the Chinese Government gister whiting the Japanese provement recall that in the latter part of Members for the origile showed little prospectul but Instituted Gold Yuan Currency was lost during
Dollars. occupation of the Colony. The ever, in any way critle In place of Natiomi
Taking this into account it The Gold Yuan did not long work of reconstruction was af-directors. maintain its fesued valus and tended with many dimculties
should be refunded, as you have in a relatively short period it and has entailed a great deal of seems reasonable that capital was at a 'discount with the cur- time.
Seconding the motion, Mr C. the funds which are carning a rency of the Colony. A num
cluded. ber of our tenants took advan- W. Sewell snide On beliait of small rate of interest," he con-
Chairman: Thank you GET ARMS, kon The tage of that position and paid the shareholders I should like the
Loureiro. We will look into Mr outstanding rents in Gold Yuat, to express our thanks to
forgone your suggestion.
London, June 27 Chris Light Orchestrs
Cantonese By Radio Given by Mia Mr Loureiro added that he topher Mayhew, Under-Secretary Lee Wal Lab & K. Lee, (Bludio); 4. considerable deficiency in their fees and to the general their valuable London, June 27-The Court the Judge's order that the op-which, when converted; showed directors who have
managers for of Appeal ruled today that Tasa, peal was brought.
Lord Justice Cohen said, that terms of Hongkong Dollars.
I. need only add that we had services, both of which I trust had raised the same question for Foreign Affairs, told the 85. Done Telips and liab
7.15, Berlin State : Orchestra; the Soviet ofcial new agency,
in this no course other than to accept we will be in a position to re- three years ago, and it seemed House of Commons today that Caballeron 2.00, American Zeiter
supply the Government of Recent Releaser by age and
Screon avoarilad enjoyed immunity as a depart in the light of the Soviet Am-
presented 4 gr certificato
takes
Proposed by Mr B. C. Tava- Burms with arms, and military Alleen Woods 18tudio): 8.00, Wor ment of a sovereign State, and bassador's
that ency of the country is the ton of the company t
equipment.
News and News Amlyns : (London could not be sued in a British case, the Court was bound to these payments, since the cur-imburse when the final liquida- that is warning was becoming arrangements were in hand to Allar Cooke 2: (London). Halay Belligerent Power
come to the conclusion
basis of rent assessments. I place. the Status For Reds
Court dismissed
they should mnation, however, that Tke many others out here did and seconded by Mr Andrew 'Leonard GamodelCon- Relay be an Tass was a department of
whother
Ho Kom-long were ro-clected servative, had asked. since the outstanding rent posi-we are the victims of circum-Tse, Messrs F. P. Vasunia and
(Part 9), The True story of the strwung date the results to statement
i-Family ^^ and their Contemporarionz· appeal by Mr Vladimir Krajina, Soviet State, though
ton has been cleared up we have alances that can only be met to the Board of Directors (Canlinped from Page 1)
and former or not, it had been given D Czech refugeo
Messra Percy Smith and Co. of. Informal conference 100,rom the Editorial (London able to make more by healthy optimism Univerally professor, separate furidical existence was been
with
India and Pakistan, Rdley) 910, Weather Beport; 17, In seconding the adoption of Asked about milliary opera Produs
another matter. The translation satisfactory arrangements
tain, on assis- Variety Band Doxfrom the Cam- selling court order.
bridge Theatre: London (HINGTS) tions, Mr Chen said, the Na- from R
Toss to asid pervice of a libel writ of the Saviat decree establish tenants for the payment of rents, the Accounts as presented were re-elected auditors on the between tionalists had been able
ing "Taiseid that the
Before the meetinggi
closed, Burma cepure certain towns in Shehal by Mr Krajina against Tass.
replied that the Leave of appeal to the House Agency enjoyed all the rights revision of these had to made with the Chairman telbute to seconded by Mr Vasunia. province. He said it was "pretty
of a juridical person.
by reason of an adjustment in the late Mr D... Newbigglug, Bir Loureiro proposed a vote of Lords: was granted, ja
and CRE who trifload himself of thanks to the directors for Government of Burian had not on quiet" In the Hupan area
Mr. Krajina - issued a writ the valuation of our round while interned to trong their work during the past year cleated the bid no deals favorizaPLEAP GAL It was stated that a certificate
Shameen Minister declined to dis had pren given by the Russian against the Tass Agency lost; buliding fi
From the Balance Sheet
Thổ cuss the newly imposed Na Ambassador in London to the May claiming damages for al- donalist) constal blockade Aaked Farred that the Tags Agency leged libels, contained in the will notice that the company's the accounts were cam whether Chiang Kai-shek was when organ of the Soviet Soviet Monitor, of May 7, 1948, cash position is very satisfactor taking artive, part the direc, State, and on that ground ser in an article headedBetrayed and in that doangeloff I'v tion of Chinese anales, Mr Chervice of the writ had bean.sat British Troops 10. Gestapo, mention that at a recent mice replied that Chiang had how palidez by anaMagistrale and the and an injunctions to restrain of your Boards the cation bredited spandy week fapparently, decisión, amirmed by Mr. Justles the defendant from further beying some part of the bala
Cooled: Caratt In comebus on Decimo gublaring Tory circulating the of 1898,000 to shareholders
Continued from Fara 1)
Socialist have
Government
Arceement, wal
would weeks of negotiations. It was to The factory remained open-duced by some $2,000, receipts. Resolution In connection with
Beirut,
to get a new mandate have been signed last Tuesday, Reuter. from the people to make life but the British Government any grimmer hore. Cabinet had to be consulted on a finni
PLANES COLLIDE Minister Hugh Dalton in a point on which ferences sull
June 27-Four air- weekend
speech said that existed. general elections "might come
were killed when An agreement in principlo men sooner than lator."
was reached on May 31 after Syrian army planes collided the negotiations which, opening on while landing at an airport near February 22, were often on the Damascus, It was reported on
Monday, Associated Press. have verge of breakdown.-Reuter.
that
of
the
learned It was Finance Ministers Commonwealth nations been invited to London to dis cuss the serious gold and dollar situation. It was expected that they would meet here in about two weeks. Sit Stafford, it was ed, will present a scheme bellaved. for drastically reducing imperts to save dollars and ask the Commonwealth members to do likewise United Press,
The
TASS GETS DIPLOMATIC
IMMUNITY RULING
court
a reality.
course was
TO-DAY
ONLY
Cathay
At 2.30, 5.30,. 7.30 & 9.30 P.M.
FIRST TIME SHOWING IN HONGKONG !« ANOTHER U.S.S.R. SUPERFINE PRODUCTION OF 1948! "THE STORY ABOUT A REAL MAN”
A MOSCOW FILM STUDIO'S PICTURE ** TO-MORROW ------- "LEGONE" IN TECHNICOLORI
BURMA – TO Radio Hongkong
the
0.00, Hong Kong Calling BOK me for Mane Anso - kidiand
(BECTS) 4.50
audio)oet The Paragonar
{ uithough, some 'small - der zward would like to associate myself proposal of Mb Loureiro; i Carlon, and now us by the Right Iron,
tance to the
Mr
carried 1111(Chairman)}; MesUTES?
Those present were: Mra
(and the wallowing à dec
OL.
the25 Chamber, Musto Recita
0.29, The
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