1931-10-09 — Page 1

OSIXO

~FREE WHEELING 11TH ADVANTAGE.

Free wheeling is offered to the public by Studebaker only after it has been tried, proved, and found to be thor oughly dependable under the most severe conditions of operation.

HONG KONG & SHANGHAI HOTELS, LTD. (Incorporated in Hong Kong.)

THE

The

DoWik

China Mail

No. 27,923

ESTABLISHED 1845.

HONG KONG, FRIDAY, OCTOBER 9, 1931.

-TO-DAY'S DOLLAR

The

closing rate of the dollar on demand, to-day was 1s. 2d.

PRICE $3.00 Per Month.

Managst

Abrary Supreme Court

TO CAR OWNERS

Use RUBBER Matting for the Floor and Running Boards of your Car;

Washable, Durable

More economical than

Carpet or Linoleum,— NEATER and CLEANER,

Quotations from:

Telephone 24554. Dunlop, Rubber Co. (China), Ltd. Podder Bldg.

THE CONVERSATIONS CONSERVATIVE MANIFESTO

LIBERAL MANIFESTO IN PARIS.

TRADE BALANCE MUST BE COMPANY Most Satisfactory and

RECOVERED

THE REAL PROBLEM

DEFINITELY OPPOSED TO PERMANENT.

TARIFFS.

NO TAXING PEOPLE'S FOOD

London, Yesterday:

A

BRISKER ENQUIRY FOR SHARES.

Features of the Stock Exchange To-day.

PRICES WELL MAINTAINED.

N. Y. FEDERAL RESERVE BANK.

Re-Discount Rate Raised.

GOLD TO FRANCE.

|

MEETING

H.K. AND CANTON

ICE CO.

FIRST DIVIDEND

SATISFACTORY YEAR OF TRADÉ.

A dividend of 20 cents per share

who was

CHAIRMAN'S SPEECH.

Comprehensive.

LORD READING RETURNS.

London, Yesterday.

Lord Reading arrived at Victoriaj Station to-night at 11 o'clock.

ROUND TABLE

THE COMMUNAL

PROBLEM.

Interviewed he said his discus- SOLVE IN INDIA

siona in Paris had been most satisfactory, and his talks with thei French Ministers most comprehen- PREMIER'S STRAIGHT sive. They had dealt with numer- ous questions.--Reuter.

TALK TO DELEGATES

Rugby, Yesterday,

A Communique.

MR. BALDWIN URGES A NATIONAL MANDATE

HIS TARIFF ARGUMENT

THERE MUST BE PROTECTION FOR AGRICULTURE.

IMPERIAL ECONOMIC UNITY

Rugby, Yesterday. mnifesto advocates assistance Mr. Stanley Baldwin, Leader to cereal farmers by means of a of the Conservatives, to-night quota and a guaranteed price for issued a manifesto on behalf of wheat.

farmers To secure The Foreign Secretary, Lord. The failure of the different the National Government. against dumping and to make

Ministers.

Rugby, Yesterday.

11a-

The

A Summary.

London, Yesterday.

vatives, were not directly relat- Sir Herbert Samuel, opening led to the present emergency.

He also said that he had not the Liberal campaign to-day at Bradford with a speech, which excluded from consideration any there is reason to believe may be proposal that was likely to be was returned, for the first time. Reading, loft Paris this evening groups, represented at the Indian He recalls his decision to join Imperial treaties which might be

reau substitute for the adequate, whether it dealt with by the Hong Kong & Canton Ite for London on the conclusion of Round Table Conference, to secure the National Government was of enormous value to the treated

its his conversations with the French an agreed solution of the com-unanimously endorsed two tion, they required such a free Liberal manifesto, said that currency or expansion of exports Manufacturing Co., Ltd, at

munal question during the informal months ago by Conservative hand as would allow the use of.. there was strong expert opinion or restriction of imports, but he tenth ordinary yearly meeting held

A Communique, issued states, consultations which had taken members and candidates. They prohibitions, quotas or duties as that, during this year, we had to would not consent to decide in at the offices of the General Man-

Sum advance on the plea of a national lagers, 2 Lower Albert Road, this that a complete and frank exchange place during the past week, was then expected co-operation would may seem most effective. provide for exchange

the be for only a few weeks, but re- problem of the Empire was to amounting to about £2,000,000 emergency the great issue on morning.

present world situation and the meeting of the Minorities Commit-cent events made it necessary secure economic unity. He hop- weekly to recover the favour which the country was profound- The meeting was presided over of views took place regarding the announced by Mr. Gandhi at

that this period should be extended the Canadian Government able balance of trade. This was by divided. He had not agreed by Mr. A, B. Stewart,

After the other delegates, who ed. The Budget had been bal- would renew its invitation to an the real problem. If it should be to sign any endorsement of gen-supported by Messrs. J. P. Warren, at appropriate measures needed tee at St. James's Palace to-day.

įtions.

had participated in these unsucanced, and borrowing had been Ottawa Conference, and there found by an Imperial inquiry that eral commitment to tariffs, and lio Kom-tong, A. Stevenson (Directo ameliorate the existing condi

M. Laval and M. Briand explain-cessful discussions had spoken, the stopped at the coat of sacrifices would be a unique opportunity it was necessary to impose Rome Liberals would not agree to tax-tors), and Mr. J. D. Thomson (act-! ing Secretary). Shareholders pre- such restriction on iniports, as ing the people's food.

undertake sent were Messrs. Andrew Tec and cd the results of their Berlin visit, Prime Minister, Mr. Ramsay Mac- from every class. These sacri- when the National Government invitation.- Government must

and referred to the forthcoming Donald, expressed the profound re-fices, he hoped and believed, as accepted such an Mr. Runciman had suggested in the House of Commons, they an inquiry into the question of Chan Nel-pan.

Washington, visit, the importance gret of the British Government result of the continuance of British Wireless-Service. of which, In the present circum- that no fruitful suggestion had re-their policy, might be temporary. must say that they had minds the balance of trade, and there

stances, is fully recognised. The sulted. They had continually But they had not yet balanced rigidly closed to such a possibi-must be a genuine decision to lity; but the permanent tariffs, follow the argument wherever it

In proposing the adoption of the Ministers agreed that their Govern- pressed Indians, from the very be- the trade account of the nation.

Mr. Stanley Baldwin's manifesto Conser-led-Reuter.

{1}} agreement In other words, they were not As proposed by the

report and accounts the Chairman ments must maintain the closest ginning to reach contact and continue, in the in- among themselves.

yet earning enough to pay for to Conservatives emphasises the said:-

"The profit of $29,021.31 on terests of peace and the restoration.

"Anybody, who is going to try what they had to buy from over-necessity for their continued co-

operation in the National Govern-* of world economics, their friendly to put into definite legal shape the sens. Working Account is the highest

collaboration...

principles of constitutional ilberty "To complete this work it is ment for unless the nation's trade figure yet reached by the Company, due to the fact that trading con

In a press Interview before leav- which we have in our minds, will imperative Government should account is balanced, says he, no--- ditions in Canton and its environsing Paris Lord Reading, who ex- and it absolutely impossible to have a national mandate giving thing can save it, from bankruptcy. have been more or less undisturb-pressed great satisfaction with the draft this constitution, unless the it freedom to use whatever means To complete the work it is impera- ed during the year, and that we results of his visit, described as communal question had been agreed may be found necessary, after tive that Government should have have been able to establish a num- preposterous the report published to not enforced, or made enforc- careful examination, to effect the a national mandate from the coun- ber of new sub-agencles In and that he had discussed with M. Laval able, by a Government, to which end in view. It is necessary that try, which must also show it will around Canton. I might mention the question of stabilising the & at Mahatma Gandhi would probably at in place of a small Parliamentary have nothing to do with a party that the consumption of Ice per sixteen shillings. Lord Reading once start some method of passive majority we should have a stable whose programme could only con- enforceable but Government with a large major-vert the situation, already grave, capita in Canton is still surpris-said no such question had been realatance--not New York, Yesterday.

Tha devaluation of sterling, he of ingly small when one considers the raised at any time during the Parle flowing from your own hearts and ity backed by the resolution of into chaos and catastrophe,

of recent conversations. Lord Reading wish-the result of your own agreements, the great majority of electors. progress re- rears in other directions. Aparted complete success to the Franco-Do not say it is the composition of In the international field we have says, is not a valid substitute for discount rate from 1% to 2% per:

negotiations begun in this Conference, or the way

in to consider war debts and repara. tariff which is the quickest and The market opened this morn-cent.

from the Shameen populace the German It is noteworthy,

in connection use of ice for household purposes Berlin saying that only by closer which you were selected that is to tions, disarmament, unequal die-most effective weapon they had, not ing with a more brisk enquiry for most stocks and prices are with this, that $80,050,000 worth in the City itself has not yet de- co-operation between France and blame. The blams is that facts are tribution of the world supply of only to reduce imports but to in- of gold has been shipped to France veloped as might reasonably have Germany could the rehabilitation presenting difficulties which you gold, and the mutual financial deduce other countries to lower their

Britain have not yet managed to over-pendence of the countries of the tariffs.

These questions may The desperate position of agri- in the past two days.-Reuter's been anticipated, while there is of Europe be secured.

policy.-come." The Premier added," the world. Douglases were in demand at American Service.

British Government wants to go on well, tax the statesmanship of all culture required immediate and and wants you to go on, It is nations. At home the paramount far-reaching rellef. He was of the likely that Government will take question is that of the adverse opinion that & quota system and a Its action if you cannot go on to balance of trade, redress of guaranteed price for wheat were. und fall in exchange have increas-

an end, because we are determined which is essential to secure our the best means of assistance. This can be Dumping, he states, should be and Empire treaties ed production costa during the Three Chinese women attempted to make such improvements in the financial stability.

an endeavour to to end their lives yesterday, accord- Government of India as will make accomplished only by reducing stopped, year, but In stimulate demand we considered it ing to Police reports to-day. One it consistent with our ideas-some-imports, by increasing exports, would be of enormous value.

The problem of the Empire was Inadvisable to increase prices, and took oplum and is now In the thing that is capable of greater and or by a combination of both. I

think you will agree that the re- Kwong Wah Hospital; another greater expansion towards liberty. am prepared to examine any to secure that economic unity for $56,200, and personalty in Austra-sult of the year's working has jumped into the harbour from the The Premier suggested that they method which can effect what is which we long had striven.

a sworn at under £11,920, Was justified this policy.

Yaumati ferry launch Man Ying, should leave him to call the next required. I recognise the situa- hoped Canada would renew its in- Economic Empire left by Mar Chut, alias Mar Po-

rescued Was

by Lok meeting of the Committee and, in tion is altered by the devaluation vitation for an

We then chan, allus Mur Sul-kat, merchant,

of You,

seaman on board the meantime, he would like repre- of the 2, but, in my view, the Conference in Ottawa. who died at Bondi, near Sydney, $7,500 has been written of the ferry.

also sentatives of the small minorities effect of that devaluation can be would have a unique opportunity, no valid substitute for, a tariff because it would be a national and New South Wales, on May 4, 1930. machinery and cold stores account. seat to the Kwong Wah Hospital. also to try their hands.

Resealing of a certified copy of The Board is of opinion that de- The third drank some lysol and Two or three representatives of carefully designed and adjusted to not a party Government that would I accept the invitation. The ideal that with the results already made shall, therefore, continue

press, upon election, that a tariff widespread to-day, and he felt con- a considerable measure of agree- is the quickest and most effectivo ddent the foundations of such ment had been reached among! themselves. British Wireless Ber-weapon not only to reduce ex-unity would be well and truly laid cessive imports but to enable us with such a general assent of the vice.

to induce other countries to low British people as would seem to er their tariff walls,"

have been impossible but a few Regarding agriculture the short years ago. Reuter,

The official summary isted by:

The Federal

Reserve Bank

the Stock Exchange to-day New York has increased Its remarkable

'states:—

fairly well maintained.

$24.

Raubs were wanted at $35.

Wharves $150.

were

in request at

Providents (old), which were put through at $5%, closed in de- mand at $54, but sellers were nak- ing the former rate. The new shares were in demand at $2.

Hotela (old) were in demand at $14% with sellers offering at $142.

Lands, which were done at $83, closed in demand at $82.

Humphreys (old) were wanted at $18. as were also

shares, at $18.

the now

at

Realties were In demand $18.60.

Zoong Sings were enquired for at $13 ex dividend.

Trams, after being put through

at $20%, were in demand at the close at 120, but sellers wanted

$21.

Star Ferries were in request at

$92.

were

:

MONEY & PROPERTY LEFT.

practically no "Shipping" trade. would support such a ice being obtainable at lower rates British Wireless Service. at other ports,

No Increased Prices. "The increase in Customs duties

THREE UNHAPPY WOMEN.

Australian Merchant.

Estate in Hong Kong valued at

"Turning to the Balance Sheet but you will note that the sum

a

She Was

Не

probate of his will and codicil has preciation on this scale is absolute- was removed to the Government the smaller communities stated meet the present situation. to of Imperial economic unity was

been granted by the Supreme Court ly necessary,

дв abeelesence of Civil Hospital. to Ma Wing-chan, of 22. Kennedy machinery as well as wear and Road and Ma Joe Young, of 3 tear must be considered. Your Wing Wo Street, merchants, the Directors have again agreed to lawful attorneys of William Joseph their fees being halved, as will be

MOTOR TRAFFIC OFFENCES.

+

A negro, Surzeff Hamissy, driver Lum Liu and Mar Sun-gee, both seen from the entry of $1,500 in of a private car, for dangerous living in Australia, who are two of the Profit & Loss Account.

driving in Stubbs Road on Septem-

Student's Estate,

horn

Chinese

AMAH'S THEFTS.

Sent to Jail for Three Weeks

THEFT ABOARD EMPRESS OF CANADA.

Look a detective to the place where the remainder was concealed, "

Two months' hard labour was im-

posed.

STOP PRESS

the exccutorg mentioned in the will. "The balance for allocation, in-ber 22, was fined $20 this morning. Leave is reserved to Henry Joe cluding the aum of $7,595.57 For refusing-hire, a taxi driver Young, the other executor named brought forward from last year's was fined so, and for sounding his

The local estate is composed of accounts amounts to $15,093.64. 'It'

unnecessarily, a Chinese proposed to deal with this suma driver was Aned $5, Ching Lights were wanted at many shares in several $27.60, but sellers required $28. companies, whilst the property In as follows:-

Mrs. Grant, of No. 25, Kent Electrics, after being done at Australia includes a house and To pay a dividend of 20

Road, Kowloon Tong, appeared as As a result of a theft on hte $77%, closed in demand at $771⁄2, business.

cents per share on 40,000.

Chinese The testator, in a lengthy will,

shares, absorbing ...$8,000.00 Miscellaneous Business

complainant in a case against high seas, Cheng Fat, Telephones (part paid), which

7.698.64

Chinchow, To-day. the medium

sales made provisions for members of his To carry forward of

Messrs, J. P, Warren and Leung Chan Slu-fong who was charged at "boy," was charged at the Kowloon

Police Court this morning.

Sixteen persons were killed "This is the first occasion on Yan-po were unanimously re-elect- at $291⁄4, and $291⁄2 closed with family.

Sub-Inspector. Elston said, that ---and nine wounded- In yesters buyers at the former rate.

which the Company has been in aed Directors on the proposal of the Kowloon Magistracy this morn

day's bombardment, mostly Gements (combined) changed Chiu Kit-sarig, a student, who pohition to declare a dividend, and Mr. Chan Nel-pan, seconded by Mr. Ing with stealing two bed-sheets the theft occurred on the ss. Eny

and two mosquito nets valued at press of Canada, on her trip from rallway workmen. The wound- hands at $19.90, and at the close died Intestate at the Yuen Hing I have no doubt the proposed al- A. Stevenson.

She was also! charged with Manila to Hong Kong. The third ed Include a Russian profes there were buyers offering $19% wine shop, Chan Tong" West, Can-location will meet with your ap- The Chairman proposed and Mr.- $46.

bo'sun noticed broken glass laying for. This Government officials with sellers asking $20.

ton, on April 29, 1931, aged 20proval.

J. P. Warren. seconded the re-elec-receiving. "I now propose that the report tion of Messrs. Percy Smith, Seth Defendant was, employed. as an around. in, the bar and on calling are safe. The Chinese, had no Hong Kong Ropes were wanted years, left estate in the Colony

anti-aircraft guns-Reuter valued at $30,500. at $17.

as presented bs & Fleming as Auditors for the enamah and after she had left; the the barman, Mr. F. Kelway, it wan

Rio de Janeiro, To-day. Dairy Farms were in request at He is survived by his widowed adopted. When this has been suing year at a remuneration to be loss was discovered. Other things discovered that $86, if gold, and

are, alleged to be missing; but they 820 Hong Kong currency had been The President has, decreed brother and seconded I shall be pleased to an-fixed. $20.

mother and elder

cannot be traced.

istolen Carried unanimously.

sixty days' moratorium. for all. Watsona were wanted at $15%. letters of administration have been awar to the best of my ability any

foreign commercial and⠀⠀⠀pri- The meeting terplaated with the Defendant said she took the On arrival in port finger printa Lane, Crawfords (old) were on-granted by the Supreme Court to question which shareholders' may

vate payments. Reuter's quired for at $6.40.

the mother, Chiu Chan Shl, of 2 wish to ask."

announcement, by the Chairman | things to pay for medical expenses.were taken and the culprit dis- Seconded by Mr. A. The and car that dividend warrants were ready She was sent to jail with hard covered. Part of the money was ↑ ḍAmerican. Service, Constructions (new) were offer Yu Wa Street, where the deceased

found on defendant, and he later i [ried unanimously.

for Issue,

labour three weeks. ing at $1:40...

formerly realded

and "accounts