1927-05-05 — Page 7

'THURSDAY, MAY 5, 1927.

WAR DEBTS.

(Continued from Page 1)

nearly double the debt the British SWATOW DANGER.

Government had themselves con- tracted at that time with the United Stater.

on

eince, thus making a total annual

(Continued from Page 1) »

1

Nanking Sanctions.

He asked Comdr. Kenworthy to

THE CHINA MAIL.

MARE NOSTRUM.”

POWERFUL IBANEZ FILM DRAMA.

QUEEN'S BIG FEATURE.

This amount the British Govern- ment borrowed from their own na- the British tax- tionals and $628,000,000 Deficit. The Note describes as "insecur-payer has had to pay interest nie, both as regarding the past and at over five per cent each yearepeat on Monday. his question

What is a happy ending? The the future" Mr. Mellon's figures re-payment of £72,600,000, which will whether the House would have an garding Britain's receipts from re continue until the debt is paid off opportunity to discuss any sanc- following, briefly outlined in cold. parations and inter-allied

debts by further and additional contri-tions before they were enforced, matter of fact language, would to Mr. Thorne Six hardly appear to qualify. Capt. Replying It states that from first April (7)|butions from British tuxpayers. 1924 (?) to December 31, 1926, No relief on this burden can be Austen Chamberlain said there Ulysses Ferragut loses his son Great Britain has paid $8,028,500. Looked for from the receipts from was no Power, least of all Bri-through his own action in acting 000 in respect of debts to the United | "eparation and Allied war debts. tain, which would not, if it could, as a tool that enabled a German States Government. whereas the

Contrast With America. * contribute to settlement of the submarine during the World War ams received by Great Britain on

to take fuel to Mediterranean neenunt of reparations. Belgian war

"Whereas the United States Goy civil war in China.

Mr. Thorne: "Will it go on for waters, his action being due to his debt and Allied war debts up to the ernment is receiving from Germany

infatuation with a beautiful Aus- Pame date, amount to $200,000,000. | share of the Dawes annuities ever?"

Sir Austen Chamberlain "Astrian spy. leaving a defelt of $628,500,000 or estimated to cover its reparation

claims in full, and at the same time long as the Chinese continue to £120,600,000,

During the first two years of the obtains from Great Britain repny fight one another." Reuter. -operation of the Dawes plan. 1924 meat with interest at three per cent. of the full amount of the war.

FORCE THE ONLY MEANS.

The Earl of Balfour And

China.

His love is returned and the beautiful Freyn, hearing of the submarine's attack on a peaceful passenger steamer, denounces the cause that could sanction such barbarity and is betrayed to France by her former associates. She suffers the extreme penalty and is thus united in death with

Ulysses who is torpedoed whilst

to the

to 1926, Britain's receipts from re-loans it advanced to this country, parations, including the Belgian Great Britain will retain for her war debt and the Allled war debts seif nothing of any of the pay- combined, fell short of the British ments she receives in respect either payments to the United States by of reparations or of inter-Allied -$243,000,000.

war debts, but will apply all her

London, May 4. Regarding the last financial year. receipts towards part payment of In the House of Lords, reply- the United Kingdom's share in the her liabilities to the United States. third Dawes annuity was £12.000.- Any balance that remains she willing to Lord Parmoor (Labour) on engaged on a dangerous, mission

and her rercipts from inter-pay out of her own resources, and a discussion regarding the League undertaken with a view allied war debts were £8,500,000 asla uny case she will have to sup-of Nations. 'Lord Balfour, Lord revenge of his son's death and against payments to the United purt the entire burden of her war President of the Council, asked the expiation of his own mis-

lusses, and of the war loans she how were they going to arbitrate takes. herself made to her Allies.--British in the Chinese question and with It is certainly a powerful and

whom? Wireless Service.

daring climax, with Ulysses sink- He thought that events in ing beneath the waves, to be re- China had proved that universal ceived into the arms of Aphrodite arbitration Was an imperfect-"Mother of the Sea"-und it is weapon to preserve universal only a director of the ability and genius of an Ingram who would We were forced to despatch attempt it and produce the re- considerabic force to deal with sults Ingram has shown.

States of £33,000,000,

The Current Year. During the current year her ro¡ reints from the fourth Dawea an- nuity should amount to £14.500,000 and inter-Allied war debts £10,500,- 000 as against the payment £33.000,000 £o the United States.

The share of the United Kingdom In the Afth and subsequent Dawes aniity should amount to £22,100.-

peace.

་

WORLD THEATRE.

"THE CAVE MAN" TO-DAY TO SATURDAY.

A film version of the well- known Gilette Burgess story, has as its stars Matt Moore and Marle Prevost, and was directed by Lewis Milestone.

Miss Prevost plays Myra Gay- lord, a beautiful and bored society girl in search of a thrill. Matt Moore, aa Mike Smagg, a conl heaver, provides the thrill when she begins to train him for a so- cial career. He becomes a social lion in spite of his crude ways, which are attributed to his eccen- tricity, and Myra realises that she has fallen in love with him.

When he is turned down by a rich young flapper, he turns back to his old friends who taunt him to fury. It is then he realises it is Myra he loves and he comes back to tell her she has ruined his life and to marry her.

John Patrick Myrna Loy, Phyllis Haver and Hedda Hopper all give noteworthy performances.

Shadows Before.

COMING EVENTS ANNOUNCED IN THE "MAIL."

Entertainmenis.

May 5--Queen's Theatre; "Mare | Nastrum."

May 5-World Theatre; "The | Cove Man."

May G-Star Theatre; "Iren Rich in Compromise". Blasco May 6-Annual dinner (Engineer Co.), H.R.V.D.C. Headquarters, 8

May 13-Smoking concert at Volunteer Headquarters 9.15 p.m. Sports.

WASHINGTON SURPRISED.

State Department Studying The Note.

Washington, May 4. The presentation of the British

a situation. in which arbit ation It is, in fact, the only ending 000, and this together with the 18- war debts Nate to the United States could not have done the least that one feels could possibly do ments from inter-Allied war debts Government has surprised officiall will assuming the French war debt Washington, as the letter by Mr. good or contributed to the small justice to the preceding events of agreement to have been ratified. Mellon to the President of the est degree to preserve interna-this powerful Vicente and neglecting part of the debelts Princeton University was consider- tional peace and prevent blood- Ibanez drama. If it is not a happy In the British receipts as enmpared oil by the State Department to have shed.

ending in the generally accepted.m. with payments, would be sufficient made the fosition of the United What was proceeding in China sense of the term, it is a beauti- To eaver the current payments due States perfectly clear.

might well give pause to those fui ending, admirably treated. le 18e United States Government. Heater is informed that the State who thought that by legislation The scenes above and below the Department is closely studying the for honourable governments who sea, featuring submarines and the Nate and no statement can be made really

represented organised sinking of ships, are wonderfully regarding the Note till this study peoples they were thereby making due and the only feeling of doubt May 5-6-Royal Artillery Ath- has been completeit.

that one is left with is as to the etic Meeting. United Servicea Re- It is expected that the State De-a perfect work. partment will issue an explanatory When they were dealing with exact significance of the symbolic creation ground, Kowloon, 2 p.m. statement by Mr. Mellon setting vast organisations without goy-resemblance between Freya and each day."

no Aphrodite in regard to which cer- forth the American Government'sjerament. such as China, viewpoint,,

Imethod could be discovered better tain aspects of the story seem to Mr. Melton, pressed to express than using force to defend them lead one to expect a more con- opinion, declined to say anything at selves-ngaitist-wrong-Reuter vincing conclusion. war debts together would be less present.-Renter's American Ser than that of the payments she was ve

United obliged to make to the

Whether the payments from the Dawes annuities included in these calculations will in fact he received depends upon whether it is found possible to transfer the full amount provided for by the Dawes plan.

But even if the full Dawes pay ments continue to far received for sixty years from now onwards, the present value of receipts of Great's -Britain from reparations and Allied

States Government on account of MR. MELLON'S MESSAGE. the British War Debl, assuming in- terest at five per cent. to be added

to the payments and receipts in the TABE and future payments and re- ceipts to be discounted at the same rate.

BRITAIN POLICY,

Not To Make a Profit, on War

Debits.

Na Reconsideration By

Amerien,

FORCES FOR CHINA.

What The Powers Have Sent.

:

one

This film is the main feature at the Queen's until Saturday.

.

AT THE STAR.

"COMPROMISE" TO-DAY TO

SATURDAY.

London, May 4. In the House of Commons, in Mr. Mellon, Secretary of the answer to questions, Sir Austen

"Compromise" starring Irene Treasury, replying on March 16 to Chamberlain, Foreign Secretary, Rich finds that talented manifestoes signed by members of the Faculties of Columbia and said that since April 13 the United

and charming actress again Princeton, Universities, urging re-States had sent to China

in the role of the neglected wife. consideration of the settlement of transport, two submarine tenders She plays Joan Trevore, a Cinder the inter-Allled debts on the ground and twelve submarines. Japan that .The settlement hitherto had sent two cruisers and sixteen ella half-sister of Pauline Garon, whose favourite sport as Nathalie The Note proceeds: "It is quite reached do not meet the destroyers. France had sent one Trevore, is spoiling Joan's good Frue that the British Government actual situation, said the cruiser and one despatch boat. In have frequently declared that their opening of the question would addition to her naval forces. polley is to recover such sums in be a step backward "enlculated to France had sent about 1,300 Nathalie persists in this child- respect of their war loans to their produce discord Allies as with their reparation re- rather than contribute to economic troops. Japan had sent a division hood habit with Alan Thayer, 'ceipts will suffice to raver the an-stability and orderly betterment to Manchuria. He had reason to played by Clive Brook, while he is nual payments which they have to of world prosperity." Asserting believe that further troops were make to the United States, but this that a nation is hardly likely to intended to be sent or were being situation has not yet been reached, deserve and maintain the respect of sent.-Reuter.

and confusion'

and up to the present the British other countries by sacrificing its! Another French Cruiser,

·dle-

of

the United States.

the

time.

Joan's sweetheart and even after

gave a more

dramatic

May 6,7-V.R.C. amateur boxing tournament, 6 and 9 pm, rusper, tively.

May Fifth annual athletic' sports meeting at the Cheung Chau football ground, commencing 11.30

a.m.

May-7-Third-extra-race-meeting of the H.K. Jockey Club, Race Course, Happy Valley, 2.30 p.m.

May 8-Fifth annual athletic sports meeting of South China Athletic Assen., Hong Kong Foot- ball Club Ground, Happy Valley,

Tennis,

noon.

May 11-Exhibition II.K.C.C. 4 p.m., for M.C.L

May 24-Meeting of Fanling Hunt Steeplechases.

Auctions.

May At Messrs. Lammert

Bros. sales room, miscellaneous Honda, 11 a.m.

Lammert

May 10-At Messrs. Bros. sales room, a valuable col- lection of Postage stamps, 5.15 p.m.

Meetings.

St.

May 10-Meeting of the Hong Kong Land Investment & Agency, Co., Ltd., Messrs. Jardine Mathe son's board room, naon.

May 14-China Provident Loan

meeting, St. George's Bldg., noon, and Mortgage Co., Ltd.'s thirtieth

May 17-Forty-sixth anavai meeting of the Canton Insurance Co., Messrs. Jardine Matheson's offices, noon..

May G-Annual meeting of Wor shippers at the Peak Church in St. John's Cathedral Hall, 5.30 p.m.

May 7-Third annual meeting he becomes Joan's husband. With of Chinn Underwriters, Ltd., only the weapons of a sweet-George's Bldg., 11.30 a..

May 9 Officers' Mess Meeting tempered, conscientious idealist, H.K.V.D.C. Headquarters, 6.30 p.m. Joan fights the jazz-hound; shim- Paris, May 4.. taxpayer has had to find the greater own just claims. Mr. Mellon

tactics of imperious part of the payments to the United clured that cancellation of

Simultaneously with the forth- mying debts owed to the United States! States from his own resources, even after applying all receipts from re- would not of itself change the dis- coming departure of Admiral Nathalie and her faithful satel parations and inter-Allied debts to like with which the professors of Stotz to China, the French naval lites. Miss Rich was never love

Columbia and Princeton Univer-forces in the Fer East will be re- lier, or more this purpose and using these receints as set off against the sities alleged Europeane regarded inforced by another large cruiser performance than in this charac-

and three of the latest type sloops, terisation.

The remainder of the support Interest which has to be paid on

Hundreds of Millions,

while the despatch of another the loans raised in Great Britain,

the white and another Annamite bat-ing cast is also excellent and in- out of which advances were made Mr. Mellon declared that

as Joan's to Allies.

reopening of the question would en talion to China is being consider-cludes Winter Hall,

lovable old father; Helen Dunbar May 20-Fifty-fourth meeting of A Lenient Creditor.

courage French opposition to thejed.--Reuter.

as her catty stepmother and Union Insurance Society of Canton, "In no circumtsances will Grent ratification of the Franco-American

SIR JOHN SIMON.

Raymond McKee as "Cholly" of Union Bldg., 11 n.m. Britain receive from reparations debt funding agreement.

the silly simper and Nathalie's and inter-Allied war debts, taken mitted that an argument could be together, more than she pars fo adduced in favour of writing off the

pet. Louise Fazenda and Frank Warm Approval of Cabinet's America. The policy of the British debts incurred after America's en-

China Policy.

Butler, as the Swedish maid and butler, are responsible for the Government on this subject has try into the war to the extent that

Warm approval of the Govern wealth of comedy in the produc been repeatedly declared. It is not these were incurred for contribu-

Britain tions to a common cause but this ment's policy in China was ex- tion. their desire to retain for anything out of the receints from argument could only apply if the pressed by Sir John Simon, K.C., reparations and inter-Allied war proposed adjustment were mutual

YESTERDAY'S HEALTH and applied to all on a strictly equal M.P. (L., Spen Valley), to his debts,

constituents at Cleckheaton, Yorkshire. He said:

basis.

He ad-

"In the event of receipts from inter-Allled war debts and repara- He pointed out that while the +ions exceeding the payments made Allies bought supplies in Amerien! by them to the United States Gov-on credit the United States sought ernment, they have undertaken to cupplies and services from France reduce proportionately the payments and the British Empire "by hun- to be made to Britain in respect of dreds of millions," and paid cash, inter-Allied war Indebtedness, and but nowhere liad it been suggested provision to this effect appears in that If the debts were to be cancel the various war debt newding agree-led the United States should be re- ments which the British Govern-imbursed for the dollars actually ment have signed."

DOUBLE BURDEN.

British Advances To Allied Governments.

A

spent by them in France and Bri- tain. He concluded declaring that the sums paid to the United States) would not come from taxation but would be more than met by pay ments exneted from Germany by the] Powers.

PRESS VIEWS,

The Necessity of Combating Prejudice,

RETURN.

'I must proclaim myself pro-i Two cases of small-pox (Chin-] foundly grateful to the Govern-ese) were notified yesterday, one ment for the prompt action from the City and one from Kow- they have taken in sending aloon.

May 20-Fifty-eighth meeting ofj the Chinn Fire Insurance Co., Ltd., Union Eldg., 11.20 am.

May 20 Sixty-first meeting of British Trader's Insurance Co., Ltd., Union Building, 11.16 a.m.

neous.

May 5-Weekly lecture of the Hong Kong Lodge, the Theosophical) Society, 7 Duddell St., 6 p.m. Sub- ject: "The Coming of the World- Teacher."

The time may not be far off when) we shall have to offer rewards to cultured women who can bear chil- dren normally.-Dr. Bernard Hol- Jander.

GLOBE & RUTGERS

force to Shanghai, not to take There were also notified a case sides in any armed conflict, but of diphtheria and four cases of to protect the International typhoid fever (all Chinese). Settlements from the horrors which would follow invasion by undisciplined mobs. (Cheers.)

"I think it is the duty of every politician who feels as I do, whatever his party, to say this now. I would despise myself if, at a time like this,' when British lives and innocent| people are in danger, I merely registered a tepid approval of -British precautions, and re. served to myself the oppor- tunity, if it seemed a party advantage to do so, to condemn the Government, for sending .troops."

Dealing with other points the Note recalls that the British tax- payer, apart from payments made to the United States Government, has had to meat a large market for debts incurred by the British Treasury in the United States.

London, May 5. sum of £140,000,000 has been paid

The British Note. to America: on this head.

Moreover, in addition to paying meets with strong approval in the their own debts to the United Press where emphasle is lafd 'on the States, the British people are sus-friendliness of the Note and on the taining the full charge for ad-necessity of combating the vances made by the British Gov-ludice done to Britain in Europe by ernment to Allied Governments for Mr. Mellon's mistaken assertions..

E. or variable winds, moderate; The "Morning Post" trusts Mr. the purchase of necessary commodi- tles during the war, not only in Mellon will see fit to withdraw his generally overcast, some rain and fog, is the forecast for the twenty- Britain, but also in neutral erroneous statements.

The "Times" says it is particular-four hours ending at noon to No Hope of Rallef ly regrettable that Mr. Mellon morrow, The cums thus lent mounted to should have appeared to sacrifice to!

Great

Countries,

pre-

WEATHER FORECAST.

FIRE INSURANCE CO. OF NEW YORK.

FIRE AND MARINE INSURANCE

At Lowest Current Rates.

AMERICAN ASIATIC UNDERWRITERS

.(BOUTH CHINA),

FED INC, USA.

Meteorological observations at 6

Phone Central

4907 4908

2. Connaught Road, Central

a net total of £1,850,000,000, which the demands of domestic polemics am. this morning: Barometer, with interest increased during the a scrupulous accuracy he might so 29.77, temperature 71, humidity 95, war period, amounted on July first easily have observed with regard to Wind East, Force 8, weather over- 1920 (7) to over £4,450,000,000, or Britain Reuter.

Cast.

Kecordy

MAGIC NOTES

THE MORE

MAGIC NOTES

WE ARE TOGETHER.

(THE FROTH BLOWERS' ANTHEM)

COLUMBIA RECORD NO. 4130.

Letum Tour

NEAGIC HOTES

AT

ANDERSON'S

NATURAL DRY SHERRY.

MAGIC NOTES

MISA'S

CALDRECK, MACGREGOR & CO., LTD.

(Incorporated under the Companies' Ordinances of Hong Kong.)

ABAQUERIA FILIPINA

LEADING TOBACCONISTS

IN THE FAR EAST

We have the widest range of Smokers' requisites in town and at Competitive Prices:

Pipes in Great Variety:

t

-Ash-trays,-

Tobacco Pouches,

Pipe Cleaners,

Cigar and

Cigarette Holders,

Tobacco Jars,

_Cigar and

etc., etc.,

Cigarette Cases and Cabinets, Cigar-cutters,

Lighters,

Cigarette-papera,

Match-holders,

etc.

A Trial Order is Solicited.

TABAQUERIA FILIPINA

26, QUEEN'S ROAD, CENTRAL, HONG KONG

THE QUEEN'S MOTOR BOAT CO., LTD. Queen's Statue Pier.

MOTOR BOATS FOR HIRE DAY and NIGHT MODERATE CHARGES

Office:--54, Connaught Road C., 1st floor.

Tel. C. 459.

NOW IS THE TIME FOR A SUMMER SUZT.

NEW SUMMER SUITINGS. JUST ARRIVED.

TAK WAH,

“Tailor,"

Above "China Mail," 11, Wyndham Street.

A Life

-

Preserver

The Birkenhead Milk Stout-

Invigorating and Stimulating

An ideal Beverage for Rheumatic Invalida.

Each pint contains the energising Carbo-Hydrates

of 10 ozs Pure Dairy Milk

Milk Stout

SOLE AGENTS:

GANDE PRICE & CO., LTD.

ST. GEORGE'S BUILDING, ICE HOUSE STREET

Tel. Central No. 135.