1932-11-19 — Page 7

SATURDAY, NOVEMBER 19, 1932.

State Takes Reins Of Old Company Shipping Concern First Operated In 1872

REORGANISATION PLANS

Nanking, Nov, 14. along the Whangpoo. Even this The China Merchants Steam Na-has already been mortgaged.

Many Difficulties. vigation Company, oldest Chinese)

"The Company has thus found it shipping concern in the country, is difficult, during the past few to be converted into a State enter years, not only to pay interest to' prise upon payment of due compen-shareholders but even to meet its current liabilities. Debts have Bation to the shareholders,

been in default for such a long, A resolution to this effect adopt-period that interest has accumulat ed at the 75th meeting of the Exuened to nearly half of the amount of tive Yuan was formally confirmed the principal. The, credit of the by the Central Political Council Company has sunk to auch irretrie

vable depths that it is now difficult. yesterday.

even in obtain loans for small According to the resolution, the amounts." Goverument is to take over, by cashi "We hereby propose, therefore, payment, all shares of the Company that in accordance with the resol

RADIO

TO-DAY'S PROGRAMME,

THE CHINA MALL.

The following programme will be broadcast to-day from the Hong Kong Broadcasting Station Z.B.W. оп a wavelength of 355 metres (845 K.C.'s).

12,30 p.in-European Programme.

port.

2 p.m.-Close Down,

AS IT WAS

IN THE BEGINNING

THE

By Dulcie Deamer.

A DEFINITE

In the fold reddened

smoking blood.

sappy

and Strong Man lay flat in the strength

that high grass, and listened and quests

weapons with waited. Between two bracken Then, with the first clumps he could look straight leaves and the rush of springing down the cliff, and along the grass as the year turned, came dis- cattle-track that twisted up to it. satisfaction and a vague ferment for, I p.m.-Local Time & Weather Ro-At the bottom a shallow, steel-deer he followed ran in couples-a something that was not. The red

blue stream ran in a stony river-stay and a hind together, and the 1.15 pm-Relay of the, Orchestra bed strewn with white boulders, challenge of fighting bucks came from the Hong Kong Hotel by cour

the sunset as the It was split up by long spits of defiantly across leny of the Management." (During the

returning hunters splashed knee-| will be gravel, and among the water-deep in the river. When the grass intervals recorded music broadcast from the Studio).

courses the gorse

burned like deepened and the sweetbrier boro 1.30 pm-Rugby Mid-Day Press golden fire and licked the edge shell-pink, clove-scented blossoms,

of the current with

and the light came earlier and News.

vivid lips. ingered in long aftergrows as the On the other side, bare, brown day. burned 4-7 pan-Chinese Recorded Pro-hills had drawn steeply back and embers, his desires

down to a few red gramme.

became more from a dip among the boulder- definite. So one morning he went half a day's journey downstream, dotted folds rose a faint finger going cautiously, and lay for hours [of smoke. Behind the river-cliff on the lip of the cliff watching."

the land rolled backward in long He knew something of the tribo waves of golden gorse, booming on which he sought to spy. They men than the cliff- with the hum of the little winged were weaker

[dwellers, who hang on their flanks, honey-makers; and above the as wolves hang on a wounded bull, steady flame of the upland, the drowsy afternoon hung like a great bumble-bee heavy with clinging sweetness. The rippled rush of the river came pleasant- ly from below, and far up, a brown hawk sailed in dipping circles spying for rabbits.

7-10.30 am-European Programme. 7-7.18 p.DL Metropolis (Grofe)

Played by Paul Whiteman and his Orchestra 35032-3.

7.18-7.52 p.m.-A Concert:

tion of the National Communica-Violin Solo-

at the rate of taels 50 per 7845,"tions Conference held in August, which is about 40 per cent higher) 1928, the said Company · be taken than the average market value dur-over and converted into a State en-] ing the past three years, namely, terprise." about taels 30. (Note.-Each "set":

consists of three shares.)

The Government will also succeed, to all the rights and obli-

gations of the Company. Regard-:

NATIONS WALK ON NARROW ROAD.

ing the new systein of administra- Refuse To Realize Past

Mistakes.

tion, a General Manager and Boards

of Directors and of Supervisors will be appointed to replace the pre- sent Special Commissioner and the so-called Reorganization Commit- tee. The organization of the Com- pany will thus conform to that pre-Business is falling off. Unemploy

scribed in Law.

A SUICIDAL POLICY.

(By Nicholas Wood.)

"International trude is shrinking.

Vocalise (Rachmaninoff-Press), Caprice in E Flat Major (Wienewski-Kreislar),

Song-

Mischa Elman 1346.

O Promise Met (Seatt & De Kovan) A Banjo Song (Wesden & Homer)

Louise Homer (Contralto) 1295. Piano Solo

Variations on Themes from Carmen

(Bizet-Harowitz) Mazurka b C sharp minor

(Chopin)

Song

Thinkin' Of Mary (Bennet) Columbine's Garden (Besly)

Walter Glynne (Tenor) B3100.

*Cello Sole

Menuet (Debussy)

The Strong Man had been there for a long time. He lay on his! jatomach and watched the bare hills and the river, and the thread of

but

MONDAY'S STORY.

Monday's short story will be "The Fatal Habit," by E. B. C. Thornett.

more numerous. They kept

Valdimir Horowitz 1327. smoke. His six feet of hairy man cattle also and housed in shelters

hood was belted with a, strip of fawn-skin suppled with grease. holes in the rock like wild beasts. of clay and branches; instead of; Save for this he was naked, but beside him lay a spear, headed with All this the Strong Man knew, and la chipped jasper, and a coll of deer his plan was simple. Down the

skin thongs. He was a dark man,

track which ho overlooked the cows 8 p.in.-Local Time & Weather Re-black hair

Pablo Casals 1191. with fierce grey eyes, and his long were driven daily to the evening fell all about big milking-he had learnt that-and shoulders. The reason for his being with them would go a few of the there was very simple. He wanted young men, many boys, and perhaps a wife.

a woman or two to tend a weakly

Gavotte Tendre (Hillmacher)

time port.

Fox Trot

ment is increasing. At the Chinese Company when the need for mutual under standing is most imperative, coun- as if the Many Recommendations. tries persist in acting

nn- It is reliably learned that the arrowest form of economic

tionalism and the strictest isolation. Executive Yuan-has already recom- are the only roads to salvation." mended to the National Government the appointment of the following business and civic leaders in Shang-

7.52-8.50 p.m.--Variety.

Think A Little Kindly Of Mo I'll Love You In My Dreams

Henry Busse & His Orch. 22678. Negro Spiritual Medley

Jack Hylton & His Orch. C2887, Selections-

Land of Smiles

A

Among the cliff-dwellers; far up calt.

or

the river, the marriageable girls had! It was on this possibility that he been all appropriated at a time counted; but, having reached that when he desired nothing but a full peint, his ideas failed him, and ware stomach and a sharp spear. There left to chance opportunity. Symphony Orch. C2227. remained now only, children and his Nearer he dared not go, for he had Song-

20 desire to be mobbed, like a Pass Shoot Goal!"

strictly-tabooed female kin. For a Gracie Fields B3795. time he was content in his growing prowling wolf and, like a wolf,

clubbed to, ignominious death..

This judgment on the present] world depression and the efforts so far made to relieve it, is taken from the report just presented to the hai respectively as the Ceneral League of Nations by one of its Manager and members, of the Committees. With that judgment Boards of Directors and Supervi-no economint of any reputation will Fox Tret

quarrel. The world is admittedly! sors for the new Company:-

or-

Personal Pars,

The shadow of the cliff grew and grew, and the surf-like booming of the wild bees had dwindled to the belated hum of a great velvet drone

ing ap and down the river-bed, in the flaming bush behind him. A

playing stags and wolves, while half-tamed dogs snapped at their heels, and some girls waded along

troop of naked children ran scream-

The Moon Is Low

Frank Luther (Tenor) 22330.j

Afoanin' Blue

Mills Blue Rhythm Band 22800.

The Clock Work Courtship

Gracie Fields B3795-in Hong Kong yesterday morning on Col. and Mrs. Wimberley arrived What Is This Thing Called Love?

Frank Luther 22330. the 5.s. Corfu, from Shanghai.

The Mystery Song

Dr. J. Lanchester and Col. E. H. Duke Ellington & His Orch. 28800. Logan were passengers by the the edges hunting for crayfish. Two

President Cleveland, which arrivedi jin port yesterday......

in a mess financially and economical- General Manager: Mr. O. S. Liealy and so far has faced the situation Song Board of Director:

(with as little resource and (a). Standing Committee: Messrs. ganisation as the Middle Ages faced the Black Death. Though it has Yeh Chu-tang, O. S. Lieu, Shih

become a platitude to say that the Fox Trot- Liang-tsal; Chang Shou-yung, present unemployment and economic Chang Kia-ngau, Tu Yueh-sheng, distress is due to world causes, as and Yang Ying.

yet nothing has been done inter- nationally to meet what is admitted- ly an international problem.

(i). Ordinary Directors: Mossra! Hu Pi-kiang, Li Ming, Wang Hsiao-

The individual efforts made by

Song-

What Would You Do? OH! That Mitzi!

of them had a quarrel in midstream, Maurice Chevalier B4173.

and he could hear the slaps as wet) 8.50-9.30 p.m.

Mr. and Mrs. William L. Burdick hands met wet akin. Then, from the New World (Dvorak) by Sir dent Cleveland, which arrived from upland, came the yelping of a dog. Symphony No. 5, in E Minor From were passengers by the as, Preal-eomewhere behind the crest of the Hamilton Harty and Halle Orchestra.

(Thia Suite is kindly loaned by a the United States yesterday.

lai, Chien Yung-ming, David Yu, separate nations have only worsened Chang Hsiao-lin, Chien Yung-ming, the situation. Each country has David Yu, Chang Hsiao-lin, Huļsought to get out of the morass by Yun-chwing and Sheng Sheng-yi, raising high tariff walls and so

Board of Supervisors: Bir. Lushutting out its neighbours' goods. Fox Trot

As no nation-not even the United

Hsueh-pu, Chen Kwang-pu (K. P.States of America-can be self-sup- Chen), Yu Ya-ching, Hu Tsu-tang, Chin Tsu-tso, Yung Taung-ching. The creditor nations will not receive porting such a policy is suicidal. Huang Chin-yung, Chin Ting-sung|

payment of their debts in goods or and Kou Shun,

gold.

Listener),

9.30-11.30 p.m.-Dance Programme.

-

|A nagging yap-yup-yap, that be- ispoke a bristled mane and a shaggy Mr. F. Starr was among the pas-body leaping to and fro. If the Strong Man could have pricked his (sengers arriving in the Colony yes-

Any Time's the Time to Fall In Love,terday morning on the s.s. Corfu., ears he would have done 'so,

Streepin' the Clouds Away 22348. Happy Days Are Here Again, Lucky. Mc-Lovable You 22221. Hello Baby,

Love Comes Along 22266.

Poor Little Gigolette,

This important move has been services but insist on payment in The gold available for the) taken by the Executive Yuan par- Buant to a join proposal submitted world's buying has thus shrunk and Fox Trot by Mr. T. V. Soong and Mr. Chu the

raw

wholesale prices of Chia-hua, in their capacities respec-materials and food has consequently tively as Minister of Finance and fallen something like thirty per

cent.

Minister of Communications, who

Nothing. Yet Done. point out the desirability of con-)

Twelve years ago thẻ League of verting the Company into a purely

at Brussels State enterprise. The following is Nations Conference

Cupid's Holiday 22850. Puttin' on the Ritz,

Singing a Vagabond Song 22306. Strike Up the Band, Boon 22308.

All I Want Is Just One, Dancing to Save Sole 22284,

Waltz

My Song of the Nile, Fox Trot

Walting at the End of the Road

2073. Reminiscing,

The Verdict is Life 22412.

Into my Heart,

Dark Night 22420,

Mr. Starr embarked at Kobe.

As it was, he rose to his knees among the gorse bushes and turned Among the passengers embarking his face upwind.

at Shanghai for Hong Kong on the To the right, where gold and 8.3. Corfu, wore Miss G.. Dunstan azure mot, something moved on the and Mr. Chung, while Mr. Fryer skyline, coming down on the wind; was also a passenger joining the then another, and the shrieks of the ship at Yokohama.

herd-boya came faintly across the distance. The string of kine blun-

Mr. F. M. Soares, after a short dered down the long slope, and as visit to the North, arrived back in the first rough, white beast came the Colony yesterday morning by level with bim, teasing her straight the ps. President Cleveland, Mr. horns, the watchers ducked swiftly, and Mrs. Y. 3. Wen were also pas for heblad her moved the head and shoulders of a man. When the sengers, by the same ship.

yellings, and barkings, and shuff The following were passengers ings had passed on and down, he on the Empress of Canade which raised himself again. Through the left for Shanghai yesterday: Mr. (gorse toiled a woman with an hour- J. R. Atkins, Mrs. E. de Vere Bur. old calf on her shoulders, ford, Mr. J. Brookman, Mr. and Mrs. Her unkempt hair was the 'colour S. Finkel, Mrs. D. J. Fraser, Mr. of a fox's pelt. Between the woman M.. F. Gale, Mr. and Mrs. B. Hong, and the edge of the cliff the ground If You're in Love You'll Waltz 22182. Mr. J. G. Horn, the Rev. and Mrs. dipped--he knew that, because fia

Trot Love is Like a Song..

S. Holladay, Mr. R. C. Johnson, had seen the cattle go down one by "Oui" Cherie 22531.

Mr. F. L. Laurence, Mr. L. M. S, one, and after a full minute's space Lloyd, Mr. Max Palin, Mr. R. S. rise out of it--and the first cow was Rogers, Mr. B. F Stode, Mr. R. at the ford already, he could hear Yaughan Fowler, Mr. W. Wooding her splash and anort, Miss C, M. Wharington, Miss W Wilkinson.

"Good Evenin

Just a Little Closer 22489. Following the Sun Around, . Waltz

Searning a Lot From You,

Tm

A Big Bouquet From You 22516, Fino and Dandy, Con This be Love? 22552.

A free translation of the proposal: urged the nations to adopt a scheme for international control of gold Proposal Submitted.

Jand credit and showed how it could "The shipping industry, wo sub- be done. In 1927 another League mit, forms the very foundation of a Conference urged nations to reduce ∙uation; it is aži Industry upon which tariffs as these were acknowledged all merchants depend for the tran-hindrances to world recovery. No- sportation of goods. vipe (thing has been done to carry out “Dating its beginning back to the these sound recommendations which lith Year of Tung Chỉ (1872), the had the support of all those best China Merchants Steam Navigation qualified to speak-representative Fox Company has been in existence for financiers, bankers and economists, over six decades. Unfortunately, Soon a World Economic Confer however, its business has beerenve is to meet in London. Will the steadily on the decline during re nations represented there have the cent years, with the result that it courage to take the same and is well-nigh impossible to plan for obvious course? It means dealing Waltz its reorganisation. To sell all the with tariffs, gold, credit, production assets of the Company would be to and distribution on an international deprive it of the means of carrying acale. Will the nations spokesmen on business, while to reorganise at this Conference be bold enough on the present basis requires funds to enlarge their vision, back beyond. which are sorely lacking the narrow national horizon and face

One cana, of meningitia was noti- The woman-she was young, a The newest vessels of the Com this world problem with a world

fied, to the health "authorities on girl still, and well-grown, paused at pany are more than 20, years old; outlook? The League has shown

w the bottom of the hollow, and set- Thursday. many as much as 50 years, old. 80 them the way back to world pros

ting the calf on its unsteady lege. godowns and wharves are all in a perity but that way i can only be RomancA

At the Central Mag racy yes straightened herself wearily, push- dilapidated condition, while the achieved by International co-opera 10.30 pm-Hagby Mid-day Press berday, wynikeyance coming back the tangled hair from her Company's properties in the inter- tion. It national Jealousies and 11.30 pmClose Down.

menced the hearing of an action forehead, Hor only garment was a for have also dwladled to an insig potty national views prevail tho

brought against Eg Kau, form

belt of red deer's hide, and she was nificant amount

world will be condemned by the folly ogretmen, with the exception

All records for the above European What the Company has been re- of Its rulers to an indelinite pro- suits lasted by Millatenor Ard lying upon is merely its real estate longation of its present poverty / Iupplied by Mesura: 8. Mçutele

I Believe In You

Time Alone

Wil Tell 22926. My Ideal, It's a Great Life: 22544. I Got Rhythm,quon Emb Embraceable You 22556.

Tu a Ding Dong Daddy The Ona Man Band 22564. After a Million Dreains,

Waltz

ہو

News In Brief:

Through the high grase that wared between the gorse clumps crawled something like a great Hizard Bomething that trailed long stick, headed with chipped Jasper.

in the employ of Thomas Cook and fresh with the freshness of all with young animals that have not known Son, Ltd., who is charged 3embezzling $13,233.97;

(Continued on Pure 12)

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No. 1 HAMPER

$55.

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Imperial Champagne.

1 PL. G. F. Peppermint...

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1 Qt. Martell's XXX Brandy. [-

2 Qts. King George IV Gold Label or Perfection Whisky.

2. Qis. St. Julien Claret.

1 Qt. Old Brown Sherry, Black -Seal.

1 Qt. Puritan Old Tom or Dzy Gin.

1 Qt. Burgoynie's Burgundy.

1 Phlal Pomeranizan Bittera.

$45.

No. 2 HAMPER

1 Qt. Gulllemant Champagne.

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1 Qt. Burgoyne's Burgundy.

1 Qt. Martell's XXX Brandy

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2 Qts. Tawny Dry Port

2 Qts. St. Julien Claret.

1.Qt. Puritan Old Tom or Dry Gin.

1 Qt.Viso de Pasto Sherry, Phial Pomeranzan Bitters.

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1 Qt. Burgoyne's Burgundy. 1 Pt. G. F. Peppermint,

·I Pt. D.O.M."

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