1929-10-24 — Page 15

THURSDAY, OCTOBER 24, 1929.

Christmas 1929

.

Our exclusive selection of

artistic and choice

private Christmas Cards will convey just that little- message of Good-will to your friends in other parts of the world.

THE NEWSPAPER ENTERPRISE, LTD. "China Mall" Bldg.

3A, Wyndham Street

DAILY CROSS-WORD PUZZLE.

(This cross-bord puzzle has been made by an expert but our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.)

4 15 6

18

10

112

113

14

15

116

17

18

19

20

121

22

23

124

25

26

$27

29

29 30

137

32

36

36

37 38

до 141

42

145

145

146 47

49

50

51

52

53

54

155

56

58

5

HORIZONTAL

1-Hack

4-Mire

7-Llatens to S-More unusual

*1-Uppermost roam

2-Fireplaces 14-The sun 15-Bridle

17-Small lump 19-The opposition 21-in crafty manner 22-Circle of light 23-Places in difficulty 26-Point of the

compass (abbr.) 26-A god of goddess 27-Sliding box-like container

29-Fears greatly

31-Title of respect 32-To row

33-Shuts

'36-Hunter's dog

69

HORIZONTAL (Cont.) :

46-Danger 47-Back of the neck 48-Very fitle 49-Brake fern 51-Fasten with needle

and thread 52-6tag's horn 64-Escapes by artifice 56-Make fant ¡57-Hesitate

68-Affirmative 59-Support

VERTICAL

1-Pronoun 2-Spikes of corn 3-Small bird (pl.) 4-Courageousz

-Incite

4-Small State (abbr.)

7-Hangman's rope B-More trite

39-Sume of money lent, 11-Vagotable shelf

at Interest

40-Chance

42-Wading bird

1-8pirally proved 10-Refunded

13-Satare

14-Drunkard

VERTICAL (Cont.) 1-Plaything

20-Matures

22-Encourage 24-Pertaining to a

European country *26-Decay

28-Prior to 30-6mall deer, of

Europe 33-0ld name of "Chosan" 34-Mourn for 35-Largo aclamora 36-Fastened with large

nalle 37-Rubber for remov

Ing pencil marks 38-Hoavy cords 39-Statute 41-Curved line 43-Fresh

45-Crawd upon 46-Even 49-Low spirited 50-Designation

J65-Excavated

16-Organ of losemation 53-Attempt

14-Wespons of offen:) of a fish

THE CHINA MAIL,

STAMP ORDINANCE

(Continued from Page 3.)

Proposed Revision of Stamp Duty munication from Singapore lies in

FEAST OF CHRIST

CELEBRATION BY LOCAL CATHOLICS

CATHEDRAL SERVICES

the fact that when the new Stamp Bill was discussed in Committee at Stamp. a meeting of the Singapore Legis- community of Hong Kong will On Sunday next, the Catholic lative Council on March 25 last, it gather to honour the Kingship of was decided to reduce the flat rate Christ. of duty chargeable on transfers to the present Pope, Plus XI, has be- The Feast, Instituted by 15 cents for every $100 of con come a rallying point of Catholic siderations. The original proposal enthusiasm in almost every country was to charge on→→

of the world. "certified" transfers 10 cents per may be eald to mark the highest In Hong Kong it $100; and

point of the year's celebrations at the Cathedral.

On Contracts

Up to $1,000

2,600

6,000

7,500

10,000

12,500

15,000

17,500

20,000

For every additional $5,000 or part, thereof, $2.

Present Stamp Duty on Contracts

Stamp.

*

5

7.50 10

Up to $1,030

10,000

20,000

50,000

above $0,000

Share dealings through brokers or direct between clients must be subject to these duties.

Provide penalties for evasion, particularly in transactions direct between principals.

"blank" transfers 30 cents per $100.

The flat rate of 15 cents per $100

MR. J. SCOTT HARSTON Proposed Amendment of the Stamp

Ordinance

In the morning at 8 am. Ponti- is less than the Hong Kong rate offical High Mass will be sung. 20 cents.

In the evening there will be a Pro- cession of the Blessed Sacrament with Benediction at an altar in the Benediction in the Cathedral itself. open, followed by a sermon and The ceremonies begin at 4.00 p.m. Every year since their inauguration The question submitted to the building been filled but every avail- not only has the body of the great! Committee appointed by His Ex-able spot of ground in the No stamps on transfer deeds, and collency in Council herein is as mediate neighbourhood has been legislate for

follows:- non-paying dividends as already proposed.

occupied by people who wished to participate in or be present at the impressive ritual.

The molive actuating Pope Pius XI Ohrist the King was

in Instituting the Feast of to recall to Though I have agreed to and the minds of men that no matter signed the Report of the Committee what kingdoms come or go, there recommending the adoption of the is one King of whose kingdom there

Lion.

HON MR. J. P. BRAGA

Petition Against The Draft Bill

of

"To consider the amendment of the Stamp Ordinance with a view to preventing evasion of the Stamp Duty on share transactions and of the Estate Duty on shares forming part of the states of deconsed par- 2009."

·

im-

I sign the report under reserva-proposals therein referred to, name-shall be no end,' one King whose

At the final meeting of the ly, Committee held on July 30 1 arguednance:---

to amend the 'Stamp Ordi-roign is necessary to the world, a for the inclusion of certain docu-

King who claims a fourfold sover ments as Appendlees to the Report. My motion was defeated by, a najority of votes.

The documents which were ruled out are:-

(1) So as to make it illegal to passeignty and who must reign over all dividends to subsequent unregis-before the world can have a lasting tered purchasers;

(a) The Potition against the Draft Bill to Amend the Law relating to Stamp Duty published in the "Hong Kong Government Garette" dato! November 9, 1928;

(b) My Memorandum datod June 11, 1920, with criticisms of the Hen. Mr. W. E. L. Shenton's Memoran dum of February 8, 1929, and his Reply to my criticisms; and

(e) The letter of July from the Colonial Secretary, Straits Settle ments, and its enclosure.

re-

(2) So as to make registration in the

I

peace.

He must reign is the hearts of

name of a deceased porson prima facic evidence of ownership by man to receive in the secret places such deceased person for the pur-of each one's conscience pose of Estate Duty and to ren- and loving service.

a loyal der the doceased's Estate liable for any contravention of any of the matters the subject of smend. ment No. 1 above:

He must reign in the family, or the concept of a really happy home has no meaning. He must reign

am strongly inclined to the in the relations between parents and alle difficulty exists, and subject toer, between employer and employ- opinion that, unless some insuper-children, between servant and mas- what I have remarked later red, garding blank transfers, it would be empty dream.

or social peace becomes an better to amend the Stamp Ordi

Не

He must reign in the nation, else; nance by making It obligatory upon obedience to authority goes, or be those who purchase shares which comes but the semblance of are on a Share Register which is obedience, motived by fear, which required by law to be kept within will last as long as the driving the Colony to execute the transfers force remains. they receive in respect of such pur. must reign in the world, choose within a period not exceeding scarred and weakened by wars in- elx weeks from the respective dates numerable and groping blindly and fixed for the completion of the re- in vain for the peace which He apective purchases by the respec-alone can give. tive contract notes relating thereto. Ordinance on these lines would, it Pontiff, when he Instituted the feast

Appeal of the Pontiff An amendment of the Stamp

The appeal of the Sovereign seems to me vary largely, If not may be put briefly in these words: entirely, prevent the evasion which "We have tried in vala to solve the is the subject of the Committee's world's problems by conferences, enquiry, since it would, within a organisations, formulae, compro- reasonable time, carmark the posimises.

They have failed because tion with regard to the legal owner- the foundations of the world-unrest ship of all shares. It would, it is le far deeper. true, have the effect of materially of man that we must look.

It is to the heart Let us altering the course

of business at therefore go back to the Consoler] present adopted in the Colony with of all hearts. regard to blank transfers, but par-

Let us go back to Let us frankly acknow- Let us

I recapitulate briefly the reasons I advanced for the incor- poration of the foregoing documenta in the Appendicos to the Report. The Petition was presented to the Officer Administering the Govern- ment of Hong Kong and, was nu- merously signed by bankers, firms, associations, merchants and sidents-both Europeans and Chi- nese of the Colony. It is a valu- able contribution to the question forming the subject matter of con. aideration by the Committee. Tu the presentation of the Petition la due the appointment of the Com- mitter. Since it has been thought necessary to print the Draft Bill of last November as Appendix, even though it had been pub lished in the "Government Gazette" of the 9th of that month, I am of opinion that it is all the more necessary that the Petition should also be incorporated in the Appendices. It has not been Kiven official publication and may complaint.

£12

sonally I do not view that fact as ledge Him as our King,

Christ.

one which can give rise to legitimate make His principles our principles.

be laat sight of if the proposal to „Under the course of business Let us saturate our souls with His

do away with

spirit.

the signing of the Lateran Treaty, which marke the end of the Pope's captivity and the restoration to the Holy Father of that independence which, in view of the fact that

is necessary to bim in the discharge Catholics are found in overy nation,

of his office as Vicar of Christ of earth.

When that is accomplished blank transfers or obtaining in this Colony, a blank there will be room for conferences, to increase the scale of stamp duties transfer may and frequently does with that undone there can be ne on share contract notes is revived. -pass through many hands over a

'As regards

lasting peace," my Memorandum, long period of years, with the re- which is a criticism of the Hon. Mesult that not only does the Govern→ This year the Feast of Christ the Shenton's proposals in reference to ment fail to receive the Stamp King has a special significance for the Stamp Duty payable in respect Duty which I think it may fairly be the Catholica of Hong Kong, be of share transactions, frankly I said ft ought to receive, but in ad-cause the day has also been chosen must confess I cannot appreciate the dition, the true ownership of the to commemorate the Sacerdotal Ju- arguments advanced for its exclu- shares cannot be readily ascertain bilee of His Holiness, Pope Plus XI. sion. In brief, the arguments ed.

the Royal Vice-gerent of the King were: finit, that it would make the

This practice is not one which

of Kings. A solemn Te Deum will report too bulky: secondly, that in obtains to any large extent in Eng-be sung to return thanks to God for the opinion of the learned Chair-land, and in fact-as is shown by man of the Committee only "pro- the remarks contained on page 129 posala" should be incorporated in of "The Law and Customs of the the Appendix: and, lastly, that the Stock Exchange" by Melsheimer Report would be obscured by the and Gardnor greater volume of the Appendix change will not interfere (except "The Committee of the Stock Ex. The first and third arguments can be disposed of by the fact that, my

under special circumstances) in any question arising out of the delivery Memorandum would not exceed of securities by transfer in bunk nor for the sake of argument that it To my mind, the use of blank historic treaty was signed was a three pages or so of print. Even compel buyer to accept delivery of Parhaps it la not generally known did, as a statement of reasoned transfers should in effect be limited gift from the Philippines to the

transfers so executed.

that, while the table on which the.

"Emilio Portez Gil,"

observations on the Hon. "Mexico Altivo,"

Shenton's proposals its exclusion, in and consequently legal owner of the the chairs on which the plenipotenti- Mr. to occasions when the registered, Miistonary Museum of the Lateran, Columbia Mexican Band. my opinion, is not justified, especial shares the subject thereof desire to arles sat were presented by the "The Turkish Patrol (Michaelis),

ly when, in reply, Mr. Shenton convey an equitable "American Patrol" (Meacham), wrote to the Secretary of the Com: in favour of some Institution or per-

title thereto Vicarinte of Hong Kong.. Organ Solo,

mittee on June 14, that "paragraphs aon, whether, by way of pledge of will officiate at the ceremonies, and His Lordship, Bishop H. Valtorta, 4, 5, 6, 7 and 8, aló paragraphs 22. the shares in question and 28, contain excellent creative for a loan thereon, or otherwise.

as security, the sermon will be delivered by Rev. George Robey.Buggestions. I think that the Com-

Father A. Granelli. mittee would do well to consider of the Stamp Ordinance on the lines to

I cannot see that an amendment The public are cordially invited these suggestions, with a view to I have above suggested would Immunicated. these their adoption." I urged at the properly interfere with legitimate same time that, in all fairness to business. It could not prevent the Hon. Mr. Shenton, his replies purchasers of shares arranging to to my criticlams should also find a have same carried on their behalf by place in the Appendix.

(The solution of the above cross-word muzie will appear in to-morrow's issue along with a new cross-word puzzle.)

TO-DAY'S RADIO

BROADCAST BY Z.R.W.

ON 350 METRES

6.00-7.00 p.m.-Programme of Euro- pean Music (Columbia Records sup- plied through the courtesy of Messre Anderson Music Co., Ltd.) "Blue Eyes" (Kern), Selection,

Piccadilly Theatre Orchestra. "The Signpost" "Tartarus," Baritone,

Banda Italiana Columbia "At The Races" Descriptive Sketch by Clapham and Dwyer

G. T. Pattman.

The following programme will be broadcast to-day from the Hong "Such A Look," Kong Broadcasting Station Z.B.W."The Bride," Comedian, on 850 metres

"Cavatina" (Raff), "Melody in (Rubinstein),

The J. H. Squire Celeste Octet. "A Day's Broadcasting" Descriptive Sketch by Clapham and Dwyer. "O That It Were Bol "Here In The Quiet Hilla," Baritone,

A. Robert Poole, "True Bloc," "Two Little Rooms" (Tich),

(The Whispering Planiet),

Art Gillham, "That's A Good Girl-A Marching

**Song,"

Roy Henderson. "Symphony in E Flat (Mozart, Op. 39),

Felix Weingertner Conducting the Royal Philharmonio

Orchestra,

(a) Adagio.

(b) Allegro.

(e) Andante.

"Singing In The Rain," "Orange Blissom Time,"

Ukulele Ike. hind Frelude And Fugue in ...”.

C Sharp Major,” Data

"Allegro From Toccata G Major,"":

(Bach), Piano Solo, S

Med Lyra. Hess,

"Scherzo" (Commette), Organ Bolu,

Edouard Commette

"Cambrinus,"

1 Contracto

Raymond Nowell 'and Chorus, "That's A Good Girl-Parting Time," Jack Buchanan, Vera Pearce and Raymond Nowell with. Debroy Somers Band.

"Donna" Walter,

"La Sposins" Palka,

Jobin Penzolo, Accordionista.

"The Rose English Selection,

Regimental Band of HM. Grenadier Guarde. -

The value of the official com-

YESTERDAY'S SOLUTION

4.

HEROBLAS SENORDRARERI IT CAUTION RECAMP EN ARAM TAR COIN L EASES SUNO!

NEEPS

ONLON E EVI

CNNESH

NE GLE

others, and would in fact strength- en the position of those who carried such shares, because of the fact that the purchaser lodging. the transfer in respect thereof would, by registration of the pre- vious transfer to himself, have be come the legal owner of the shares

1

celebrations. →→→→ Com

JUST RECEIVED FRESH SUPPLY OF Reliable and Tested Flower and Vegetable SEEDS From

and thereby have cleared off all out Messrs. Sutton & Sons. Reading

AT MA

standing equities in respect thereof..

It seems to me that If a system

of compulsory registration

of

The opportunity of serving you

transfer of shares on the lines will be a pleasure and your com- above suggested had been in force-mands will have our best attention.

POUR SAP

OR

for some time prior to and at the

date of the Block Exchange criats

GRACA & CO.

IN

which occurred in the month of

SNED L

June, 1925, the magnitude of that

No 10, WYNDHAM STREET, calamity would have been very F.O. Boz 'No,,620 Jargely minimised, Za

HONG KONG.

7.49 p.m.-Evening Weather Report.ESPOORTA

p.m-Evening General Programme

of Chinese Mula (from Stadio),

10.30 pan Close Down

7

THE

HONGKONG

11

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