1931-06-22 — Page 7

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MONDAY, JUNE 22, 1931.

POSEIDON FUND.

Local Subscriptions Now $32,44 M.

SOME GENEROUS DONATIONS.

1st S.W. Borderers

Hong Kong Jockey Club... 2,000. Union Insuranco Society, of

Canton, Lul.

British

Hong Kong Electric Co., Ltd. Gibb, Livingston & Co. Ltd. British American Tobacco.

CD., Lul.........

Members

1,000. 500, 250.

Swałow

Club

Staff Dairy Farm Ice &

Cold Storage Co., Ltd.

250.

231.39

153.50

N.C.O's and Men. "B" Go.,

142.

"Wee Golf"

101.25

Pentreath & Co.

100.

St. John Walsh....

100.

Imperial Chemical Industries,

.Ltd......

100.

N.C.O.'s and Men, "C" Co.

1st S.W. Borderera

80.

2. Stafford Smith

50.

Holland China Trading Co

Ltd.

50.

St. George's Society-Canton

50.

Nippon Yusen Kaisha B.W.I.H.

Messagerles Maritimes Co.,

Mr. and Mrs. H. T. Creasy

H. Lowe

Mr. and Mrs. J. Ring

4. Drouth

EH.M.T

Sports Club

S. A. Sleap

E. J. R. Mitchell

ona

Dr. E. P. Manett

A. Kennun

Gadjake

"S. Sam"

A. G. Suffind

Lo Min-nung

D. H. Maxwell

Sequeira

Lo Chių

H. S. Wong

F. N. Wilson

Y. P. Wong

E. A. Ribeira

LL. Rocha

W. S. Chol.

Lo Tro-ngal

Teang Tsung-man

$ 5,803.14

Previously acknowledged. 20,842.20

TO-DAY'S LIST.

$32,445.34

Hong Kong Football Club $ - 260, John I. Thornycroft & Co.,

Collected M.D.B.

WAR DEBTS PLAN.

(Continued from Page 1.)

THE CHINA MAIL

NEW

SHADOWS BEFORE ADVERTISEMENTS.

COMING EVENTS ANNOUNCED IN CHINA MAIL.

CLUB DE RECREIO, KOWLOON.

TOTICE IS HEREBY GIVEN that the TWENTIETH AN-

the British Government, nor had any communication to such effect been made by the British Government to Washington Ad- ministration.. Meanwhile, the prompt and timely action of the Powers, is suggested in the the rescue in the acute financial Bank of England in coming to New York Times, Washington, situation in Vienna where in- which draws attention to the cidentally Herr Seiptel has now * Entertaļnku cinta, tendency to lowering the in-succeeded in-forming an adminis Today King's Theatre; NUAL GENERAL MEETING of terest of home securities.

tration has provoked apprecia- "The Royal Family of Broadway." the Members of the Club will be It says that the first and tive comments in America, as Today Queen's Theatre; held at the Club House on MON- fourth Liberty Loans bearing in- elsewhere.-British Wireless Ser."Reducing."

DAY, the 29th day pf Juno, 1091, terest of from 3% to 4% per-vice-

To-day to Wednesday—Centralfat 6 o'clock p.m., for the purpose Theatre; "Fighting Caravans,” of receiving the Annual Report To-day Majestic Theatre; and Accounts for the year ended 31st March, 1931, of electing the "The Big Trail."

Theatre; General and Balloting Committees and Auditors for the ensuing year, Theatre and of discussing any matter re- lating to the constitution and Central management of the Club,

Mr. O. D. Young, cent. may be refunded before January 1, 1932, and be issued at a lower rate of interest. It be- lieves that the interest of Bri- tish indebtedness may be cut to approach the rate paid by United States obligations.

Earlier Cable.

the

Official Statement.

Washington, Saturday. President Hoover announces an

offer to the world of a one year's

buspension of all. Government debts.

To-day World "Arizona Kid."

中心

Today Star

Thursday to Sunday Theatre; "The Cat Creepa.”

The following oficial statement "Cameo Kirby."/ has been issued:

"Subject to confirmation by Congress, the American Govern- ment will postpone all payments on debts of foreign Governments to the American Government pay- able during the fiscal year begin- via Siberia (President, Johnson), 6 ning July 1, conditional on a like p..

Home Maile. To-day-Inward from Europe vin Siberia (Chenonceaux).

To-morrow-Outward for Europe

postponement for one year of all Tuesday Outward for Europe payments of inter-Governmental via Marseilles (Chenonceaux), 1.30. debts owing to important creditor P.m.; for Europe via Siberia

(Achilles), 2.80 p.m.

Powers.

Mr. Hoover in making the an- nouncement says: "The essence

Lammerts Auctions,

and Wednesday

To-mrrow

of the proposition is to give time Messrs. Sannet Freres Surplus to permit debtor Governments to stocks, York Building, 10.80, a.m.. recover their national prosperity. I am suggesting to the American people that they be wise creditors in their own interests and for the good of their neighbours."

The postponement includes all Government debts,

Reparations and relief debts, but does not in- clude the obligations of Govern ments held by private parties.

Miscellaneous. To-day-Whist Drive, St. John's Cathedral Hall, for Poseidon Fund, 8.45 p.m....

To-morrow-Rotary Club Tin. To-morrow Professor Mia- towski's talk 5.15 p.m.

on Music, City Hall,

Sports: See Sports Diary on Page 9.

J. M. M. ALVES,

Hon. Secretary.

Hong Kong, 20th June, 1931.

NOTICE TO CONSIGNEES,

THE BEN LINE STEAMERS, LIMITED.

From MIDDLESBRO', LONDON AND STRAITS.

The Steamship,

LA "BENLEDI "

Consignees of cargo are hereby in formed that all goods are being land- ed at their risk into the hazardous and/or extra hazardous Godowns of The Hong Kong & Kowloon Wharf and Godown Co, Lid, whence and/or from the wharves delivery may obtained.

No claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 20th Inst. will be subject to rent.

All claims against the steamer must ka presented to the Undersigned on or before the 13th July, or they will not

recognised.

All broken, chafed, and damaged Goods are to be left in the Godowns,

27th inst., at 10 a.m., by Messrs. God-

ed.!

No Fire Insurance has been effect-

Bill of Lading will be countersign. GIBB, LIVINGSTON & CO., LTD. Agents, Hong Kong, 22nd June, 1933.

The purpose of his action, the President says, is to give the forthcoming year to the economic and the news of the decision where they will be examined on the recovery of the world and to help alternative to a meratium is a loandard & Douglas.

reached gradually leaked out. An to free the recuperating forces already in motion in the United to Germany.-Reuter's American Washington, Saturday.States, from retarding influences Service. There are încreasing indica- from abroad.

Mixed Reception In Paris.

ed by,. tions that the United States of

Paris, Yesterday. America is prepared to help the He declared: "I do not ap-had a mixed reception by the Fress President Hoover's proposal has economic troubles of Europe and prove in any remote sense of the here. important developments are be-cancellation of the debts to the "A sign that America is desert- lieved to be impending.

Those in close touch with the the world would not be enhanced isloation." exclaims the Excelsior. Untied States. The confidence of ing the standpoint of 'splendid situation believe that President by such action,, and no one debtor Hoover is prepared to assure

The Matin concludes that Ger European nations that the Unit nation has aver suggested it; but many will still have to pay the so-]

Ltd.

100.

40.

M. K. to

26.

BL. W. Lo

25.

W.M.S.

25.

K.A.

10.

Lt. Col. and Mrs. E. D.

10.

'10.

10.

loan

10.

Matthews

Capt. A. H. Stewart

0. Q. Dalzie)

N. Lung

W. Dryden

Wee Golf-Additional

Mr. and Mrs. W. 0. Lambert

Anonymous Service Man

M. M. Affanassieff

Ellefsen

G. & Edmondsen

Wm. G. Miller.

W. Sengl

Cancellation Not Favoured.***

ed States will consider a mora- these debts was the capacity un- annuities under the terms of the as the basis of the settlement of called unconditional reparations torium of War debts if Germany

debtor to pay, we should be con not apply to non-commerciallaed der normal

conditions of the Young plan, as the proposal does sistent with our own policies and principles if we take into account

is granted a similar moratorium for reparations.

The suggested, alternative is a

to Germany. The news papers approve of Mr. Hoover's

statement.

ing in the world” -

debta,

EXCHANGES.

TO-DAY'S QUOTATIONS.

1/1/16

-1/- 3/16

590

*630

Nom.

On London~~~ Bank, wire.

:.... 113% Bank, on demand... 11% Bank, 4 months' sight 117/18 Credits, 4

months' sight Both Le Journal and the Echo, de the abnormal situation now exist-Paris consider the proposal has

Documentary, 4

months' aight been made at an inopportune mo-On Paris- Mr. Hoover further said: "While ment. The latter adds that Gst On demand The New York Times states that Congress is unlikely to con- this action has to bearing on sent to any reduction of War the conference for the limita- many does not deserve any favour Credits, montes debts or even a postponement of tion of land armaments which is she precipitated herself into the

present depression. payments for a year or two, as to be held next February, inas- thean payments are now used to much as the burden of armaments meet current expenses, and, fail- contributed to bring about the de ing them, a new ban would have pression, we trust that by this 32,446.84 to be issued from which, both evidence of our desire to assist parties would shrink on the eve we shall have contributed to the $33,028.34 POLICE RESERVE.

Orders for the Current Week.

G.S.

H. M. Swatow

Annan

Already acknowledged

583.

The Oeuvre betrays some sue picion, but says it would applaud the proposal; if it led to a general cancellation of debts:

sight

on demand...

On: Berlin-

On New York- On demand

23 1/16 Credits, 60 days' Opinion In Shangha!.

sight

24-3/16 Shanghai, Yesterday. anticipate higher silver prices as on demand Banking circles here confidently Wire..

On Bombay--

a result of Mr. Hoover's proposal. On Calcutta

The opinion is generally express | Wire

of a presidential election. But goodwill, which is so necessary to the United States cannot main- the solution of this major ques tain an attitude of rigid aloof- tian." ness.-Reuter's American Ser- Mr. Hoover in making the an vice.

nouncement, gives the list of 21 Restraint Needed,

ed that even temporary relief On demand... Senators who have approved of Rugby Saturday. his, action, including Senators in debt payments must lead to a Much interest is taken here in Borah, Morrow, Moses, Davis and measure of trade revival, in whch On demand ... Orders by the Hon. Mr. E. D. Gthe announcement issued in Reed.

China will share, with a conso Wolfe, C.M.G.. Inspector-General Washington by President Hoover

The President said that the quent greater demand for silver. of Police, are as under:-

The proposal is warmly wel- stating that since his return plan was also approved by Gen from the Middle West on the eral Dawes and Mr. Owon Young, comed, and, the hope is expressed previous day he had conferred authors of the two Reparations that it will become effective with various leaders of both agreements.

Reuter. political parties, "with respect to certain steps we might take to assist in economic recovery both here and abroad."

General.

Congress Meets in December.

Washington, Yesterday: The next meeting, of Congress at which approval of a moratorium will be sought is December.

FOR CHARITIES.

Dr. Mei Lan-fang's Performances.

Revolver Practice The regular weekly revolver practice will take place at the Bowen Road Revolver, Range on Wednesday, at 17 hours It will be open to all members of the Flying Squad, Hong Kong and Kowloon Sections.. All members

He added that the conversa of the Flying Squad who have not tions had been particularly dir The next war debt payment is passed Part III. are requested to ected towards strengthening the due on December 15. attend without fail.

Training Course-Part II. situation in Germany and that

A message fram Little Rock, The result of the two theatrical while no definite plans or con- Arkansas, Says clusions had yet been arrived at, leader Mr. Robinson is of opinion fang in the Lee Theatre on the the Democrat performances given by Dr. Mel Lan the response he met with from that Congress is not inclined to evening of June 1 and 2, in aid of the leaders of both parties was consent to a modification of the the three local charities are as most gratifying..

debt settlement, unless a simul- follows-

The weekly classes for Police Reservists at the Chinese Com pany's Headquarters, 17, Queens Road Central, will be held as usual to-morrow at 5.30 p.m. All mem- While British newspapers re taneous arrangement is assured bers of the Chinese Company and cognise the advisability of re for readjustment of reparations of the Flying Squad who have not straint and caution in the conclu- and the reduction of armaments, passed Part II. of Training Course along drawn from this announce Profude to Action. should attende

ment, they regard it as of in- Flying Squad.

The imminence of important terest and importance as the first developments in the Americo- The Anal instructional patrol of step taken by America towards European financial situation was the month of the Hong Kong Sec- the consideration of a polley indicated by the fact that following tion will take place on Friday, and which might in certain circum- the conferences in London batween all members should take part in stances involve a re-examination Mr. Andrew Mellon and Mr. Ram- this patrol Fall in at Central of her attitude towards the say MacDonald, President, Hoover, Police Station at 5.16 p.m. sharp. Allied debts and Reparations, on his return from a tour of the Dress Khaki Uniform and Cap The announcement is coupled by Middle West on Friday evening with Khaki Cover

the papers with the conversations conferred at considerable length Sharpshooters' Company, which Mr. Mellon, Secretary to Inspection of Rifles All rifles the United States Treasury, has with Mr. H. Stimson, the Secret

ary of State

Receipts,

Taking on June 1 Taking on June 2 Donations

$9,489.50 8,019.50 110.00

$6,619.00

Expenditure. Paid the Ngai Nam

Co. for the troupe: $2,685.50 Paid the Ngal Nam

Co. for advertising. Paid the Lee Theatre

(expenses) Net profit

49.00€

1-620.00) 8,365.50

$6,619:00

༄ཚ་༄།

IT'S ALL THE - RAGE

*THE

PEANUT- VENDOR-

Ask for Record No. 2351D.

The Anderson Music Co., Ltd.

WILL BRING TO YOUR HOME OR OFFICE THE MOST UP

· UP-TO-DATE INFORMATION CONCERNING HONG KONG AND CANTON HONGS, RESIDENCES, WHO'S WHO, AS WELL AS OTHER USEFUL INFORMATION.

1931-06-22 — Page 7

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