1932-12-15 — Page 7

THURSDAY, DECEMBER 15, 1932.

السيارة

WAR DEBT DEBATED PHILIPPINES

LONG BRITISH

STRUGGLE TO

ERASE DEBT

(Continued from Page 1.)

until it was decided no ratification was possible, ratification depending on a satisfactory settlement with the Unit ed States.

Negotiations and exchange of notes

which followed was

next reviewed.

FULLEST SUPPORT FOR GOVERNMENT POLICY.

(Continued from Page 1.)

Mr. George's Plan. Very early after the war, the British Government came to the conclusion that. the payment of these great Inter- Governmental] obligations would postpone inde- finitely the economic, recovery of world In 1920 Mr. Lloyd George

wrote to President Wilson stating that the British Government had In diplomatic exchanges, said Mr.informed France that they would Chamberlain we were given to under-

would have been equivalent to default, | am default by the British Govern-| ment for a sum which we could not truthfully say we were unable to pay, would have resounded around the world and might have been taken us

other circumstances.

4 justification for other defaults in

for postponement of the principal

THE CHINA MAIL.

APPROACHING

INDEPENDENCE

Freedom Must Come Within 8 Years.

SENATE FASSES BILL.

this bill,"

S,

the

of

To-Day's Short Story.

THE LEG-PULLER

By Bartimeus.

GOVERNMENT Departments an offcial, with a

It has

"Good morning.”

"I understand you are a Cana dinu?"

"It's of ne consequence.

You

note from his U have been known in their friend. The official looked up from Washington, To-day.

lighter moments to exchange de- the note as Mr. Peglar was admit- The Senate approved the Hare Bill, which passed the

partmental jests. But the indi-ted, und scowled at him." vidual is not encouraged to be "Good morning." House of Representatives last April, and which will give in-

funny at their expense. been attempted from time to dependence to the Philippine Islands within eight years.

time, but this is a game in which rá

he who laughs last laughs loud-

"Er-yes," said Mr. Peglat, the

course of the de- agree to any equitable arrange bate on the Hawes-Cutting Bill,partment generally laughs last. British Navy as

est. And the Government de- "And you wish to join the stand that cash and cash only would ment for the reduction or cancella-Senator Royal be acceptable to the members of Con- tion of inter-allled indebtedness declared: "Selfishness and sordid- to every rule of life. The excep- failed for the Army on account of Paymaster in Copeland There is, however, an exception the Royal Naval Reserve, having gress. If we had declined to pay, it provided it was applied all-round. ness are the real reasone that ation in the instance I am about to eye-sight?"

Concluding, Mr. Chamberlain great lobby is attempting to pass relate was John Octavius. Peglar, sold the payment would be

"Yes," said Mr. Peglar again. made in gold in New York to- The sugar quota provisions of America. For him was reserved countancy 7"

eitizen of the United States of

"Have you any experience of xc- day.

the Hawes Cutting Philippines In the peculiar distinction of having As to the budget, he proposed to dependence Bill came up for critic-

"I know the first four rutes of deal with the defcit by having re-iem on the Senate floor from Seng pulled the leg of the British Ad- arithmetic," was the modest reply

Edwin S. Broussard miralty course partly to lower rates of in-tor

or, anyhow, one of its from the head of the firm of Pogiar terest on Treasury Bills and part-Louisiana, who declared the Philip departments - and

he "got and Ziegland.

"So much the better. As a second alternative we might to funds provided by the Sinking, pine Islands were capable of pro-away with it."

How have asked that the required noticefund, which are no longer required] ducing 6,000,000 tons, of sugar anreally funny people do. Moreover. ¡of an armed boarding steamer?"

He did not look a humorist. Few would you like to be the Paymaster statute owing to the rise of gilt-nually. adged securities, But payment} Continuation of

he had no intention of being fun- "I could tell you batter after I'd be waived, but after requests for from it could not be repeated, and policy of free trade and expansion ny at the Admiralty's expense-up been one for a while."

present suspension of the whole payment any further payments would have in Philippines sugar would mean asked for it. The doubt in my

to a point. The Admiralty plainly will be appointed to-night. Please based on very wide considerations to be found out of current income. had been refused, it would not have'

the destruction of the Cuban sugar mind is the precise point at which leave your address. Good morn A Vital Problem.

Industry, so that the United States John Octavius decided to give them been dignified to make a plea that} might, also, have prejudiced the finalį Under the present conditiona, all could not get, sugar in an emer-

ing." what they naked for.

"Good morning." In the court- settlement. Therefore we decided were desirous of making a final and gency. on the third alternative, to pay insatisfactory settlement with the After he had concluded Senator little man, wearing rimless pince- and gazed up at the soot-grimed He was an urbane, clean-shaven yard outside Mr. Peglar stopped |United States, in the Interests not Harry B. Hawes of Missouri, co-

thing would necessarily have taken whole world. It was equally im- Committee on Territories and In" head of a big American business pigeon swooped past, nearly To have paid in full and said no- only of the two countries, but of the author of the Bill, declared the nez, precise and business-like in an windows from which King Charlet unobtrusive way, as befitted the I had emerged on to the scaffold. the payment out of the purview of portant to save the Lausanne settle-, sular Possessions tried to report arm giving occupation, chiefly in brushing his shoulders with its the final remission of debt, and ment. Upon preservation of that fair sugar quota for the islands. settlement must depend on the

"Marvellous!" said Mr.) "The liberty of these people accountancy, to some hundreds of wings. would have obliged us at once to in-continuance of harmony among shouldn't be measured by sugar employees, and controlling several Peglar in an awed voice. Whether form our allies that we expected the European nations and large- he said.

millions of dollars.

he referred to the tameness of the them to make a corresponding pay-ly the stability of the secur-

John Peglar was in London, tran- pigeon, or the historical associn- us in respect of their debts.;

The provisions of the Hawos- Sty of the financia! situa- Cutting Bill in question provide acting business on behalf of histions of his surroundings, or bie mischief would not have? stopped there because the Allies tion of a considerable part of that during the transition period firm, when Great Britain declared recent interview, I am unable to must have necessary passed on their Europe. It was only by a policy of to independence duty-free sugar business considerations Mr. Peglár|

Germany. Apart from say, frankness, sincerity and loyalty that which may be shipped to the Unit-decided this did not call for any request to Germany to begin again we could hope to obtain the the payment of reparutions.

co-ed States annually from the Philip operation of other nations in restor pines shall be limited to 800,000 active steps on his part. He was ing the

vanished prosperity of tons of raw and 50,000 tons of re- Britain and Germany fight while perfectly content to let Great It was considered necessary to world-British Wireless Service. fined. intimate our intention when discus-|

A Blow at Debtors.

Senator Broussard would reduce he continued to transact business. sing the final settlement, to put for-

Washington. To-day.

But one fine day the Lusitania was these limits, while the Philippines ward our contention that the old A bill forbidding the entry into Mission is attempting to get them sunk, and Mr. Peglar awoke to regime interrupted by the Hoover the United States of securities of increased.

certain vital aspects of the brawl Once more that day Mr. Peglar Moratorium, can never be revived. defaulting foreign governments, Senator Hiram Johnson of Call- he had not hitherto considered. gavo vent to the same expression If in a final settlement some reduced was introduced in the House of formin offered an amendment which He gave his own country forty of emotion when, some hours after capital sum should be fixed, our Representatives by the Republican, would-extend the immigration pro-eight hours and then approached a he had visited a naval outfitter, a debtors must still discuss with us on Mr. Harold Knutson.

visions of the law to apply to certain influential Englishpian of cardboard box was delivered at what terms and to what content wo The bill would also prohibit the Hawail as well as to the mainland.is acquaintance, with whom he the hotel where he was staying. should be prepared to scale down advertising "of such securitien and

apant a quarter of an hour in pri. He bore it. up to his room, and in their debts to us.-British Wireless their transport through Amerienn

vate conversation. Emerging from its rococo privacy surveyed him- Service,

|mails.-Reuter's Američan Service.

his friend's office he despatched self with an expressionless coun- partner in New York, the other to garbed in the anfform of a British two cables: one to his business tenance in front of a long mirror,'

fall.

ment

.The

Others To Consider.

POLICE OFFICERS TO CHANGE STATIONS.

MR. J. L. FREDERIKS

LAID TO REST."

Many Friends Attend Last Rites.

GOVERNOR OPENS NEW LIBRARY.

Donated To University By Mr. Fung Ping-shan. A large gathering of members of the local Dutch community and The new Fung Ping-shan Chin- also representatives of various Detective-Inspector Shaftain, at-Jese Library of the Hong Kong Uni-shipping firms were present yes-

Det.-Insp. Shaftain Going On Leave.

war 017

his wife. He then walked to the Admiralty and sent his card up to

QUEER INVENTIONS SHOWN IN LONDON.

Substitute For Collar Studs.

TO-MORROW'S STORY.

'To-morrow's short story will be "BEYOND THE WALL"

naval officer.

"Marvellous!"

Pegiar

repeated.. Mr.

This is not a war story, or one

might be tempted to enlarge on some of Mr. Peglar's early ex- periences, assisting to conduct a blockade of the German coast. Doubtless he found them marvel- lous, although he did not say so. Nothing, not even seasickness, abook his Imperturbable and enig-

You will require a new "Glyn" Hat for Xmas. Call and make your selection now, before the Christmas rush.

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THE GENTLEMEN'S HOUSE.

9, Queen's Road C.

Corner of Ice House Street.

THE

HONG KONG

PENINSULA HOTEL;

HONG KONG HOTEL; REPULSE BAY HOTEL; PEAK HOTEL;

AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL;

HOTELS,

LIMITED

In association with the Grand Hotel des Wagons Lits, Peking.

OUR CHRISTMAS SALE

IS NOW IN FULL SWING.

XMAS &

DON'T FORGET

THIS IS

OUR ONLY SALE OF THE

WHOLE YEAR.

GENUINE BARGAINS,

BUY YOUR

CHRISTMAS PRESENTS

NOW AND REMEMBER THAT EVERYBODY

SMOKES

TABAQUERIA FILIPINA

26, Queen's Rd., Hong Kong. 18, Hankow Rd., Kowloon,

NEW YEAR HAMPERS.

terday at the Happy Valley ceme- tached to the Secretariat for Chin-versity, donated by the late Mr.tery, at the funeral of Mr. Johan eae Affairs is proceeding on Home Fung Ping-shan,

was declared Louis Max Frederiks, head of the The Lord Mayor of London, Sir matic urbanity. But on the sub- leave on December 31. His place opened yesterday afternoon by passenger department of the Java- Maurice Jenks, opened the Eighth ject of the British naval system is being taken by Detective-Sub-HE. the Governor, Sir William Rev. E. G. Powell conducted the and General Trades Exhibition, in self some comments to the leading China Japan steamship line. The Annual International Inventions of accoratancy he permitted him- Inspector Elston, of the C.1.D. Peel, K.C.M.G., K.B.E., Chancellor service at the graveside.

the Central Hall, Westminster.

victualling_assistant, who compos staff of the Water Police Station. of the University, who also unveil- Amongst those present were Mr. The inventors are drawn from allied his staff.

Other transfers taking effect from ed a portrait of the donor.

and Mrs. Lebert. Mr. Lebert is Purts of the country and from every

He spent a forenoon examining the manager of the J.C.J.L. Mr. walk of life. In some cases there the ledger, cash, clothing and December 21 include those of

His Excellency performed, the and Mrs. R. de Josselin de Jong, seem to be a strange incongruity victualling accounts, the butt of a Detective-Sub-Inspector Rozaskwy to ceremony with a gold key present-Mr. and Mrs. Crommelin, Mr. between the inventor and the in- cigar between his testh, Talm Sha Tsui, his place being filled to him by Mr. Fung Ping-wah, W. A. Schreuder, Mr. A. Witkamp, vention. Thus a naval engineer

He signed as he closed the last ed by Sergeant Nolloth at Wanchai; son of the donor,

Mr. Sum Pak-ming, Mr. de Jager, will exhibit a baby's automatic book "I stood not long ago Mr. Lafleur, Mr. Bos, Mr. Morhaus. feeding-bottle, an accountant beneath the window out of which Sub-Inspector, Dick from Central Accompanied by Capt. Walter, Mr. Brouwer, Mrs. L. Dand, Miss milk-bottle holder and pourer, a King Charles the First stepped to to Wanchai vice Sub-Inspector A.D.C., Sir William and Lady Feel Holmes, Mr. Loithan, Mr. Uel, Mr. dentist a portable clothesdrier, and execution. I was conscious of the Dredge to the 3.0.A., vice Acting arrived at 4.30 p.m. Among the Van Calcar, Mr. Withrich, Mr. a medical specialist a hoaxpreof associations with the past which the Festive Season may be obtained from us at the following Reduced Sub-Inspector Saboy the gathering present were Sir Robert Brunger, Chinese members of the are alarm, and

staff of the J.CJL and many Other Inventions selected at ran-

all sides, This goes one better Hawkers Sub-Department, Police and Lady Ho Tung, Sir Shou-son others.

dom from a long and varied list This links one up with Noah "and Headquarters, vice Acting Sub-Chow, Vice-Chancellor of the Uni- The grave was covered with

include

the Ark. It's a fine system, but Inspector Armitt to Sheung Shui,versity, Sir William Hornell and profusion of wreaths.

cumbersome.” vice Sub-Inspector Shepheard to the entire University staff, the Gough Hill Police Station, vice Hon. Mr. W. T. Southern and Mrs. Sub-Inspector Chester-Woods, who Southors, the Hon. Mr. E. R. Hal- is transferred to Central.

Sergeant. Ritchie will be trans-lifax and Mrs. Hallifax, the Hon. ferred from Central to the Yaumati Mr C. G. Alabaster, the Hon. Mr. Hawkers Sub-Department: vice w E. L. Shenton and: Mre. Shen Sergeant Madgwick who is retum-ton, the Hon. Mr. R. H. Kotewall ing to Central for regular duty...

and Mrs. Kotowall, the Hon. Mr.

པའ་

LOCAL DOLLAR STEADY.

Pound Improves As Silver Slumps.

X

The local dollar remains steady,

being quoted at 1,3%

Spot allver dropped again, belug

quoted at 17%, a drep of 8/16 on

MR. KELLY SAYCE DIES SUDDENLY.

Lived For 30 Years In Colony.

Putken surround Englishmen.no closely on

An adjustable holder for flowers in vases which can be regulated in- side the vessel to hold stems of any length.png

A clip which does away with col lar studs, either for fastening neck

Yessir," said the leading vic en what Mr. Peglar was talking tualling assistant without the least

about, and bore the books away.

Mr. Peglar found that the task

of shirt or for attaching collar to of feeding, clothing and paying a shirt, live ship's company of fifty souls did

We beg to notify Customers that Assorted Hampers suitable for Rates

$55.

No. 1 HAMPER

1 Qt. Superk Tawny Port,

1 Qt. Moet & Chandon Dry Imperial Champagne. 1 Pt. G. F. Peppermint. 1 Pt. D.0.M.

1 Qt. Martell's XXX Brandy 2 Qts. King George IV Gold Label or Perfection Whisky,

2 Qta, 8t. Jullen Claret,

1 Qt Old Brown Sherry, Black

Seal

1 Qt. Paritan Old Tom or Dry Gin.. 1.Qt. Burgoyne's Burgundy,

1 Phial: Pomeramzan Bliters

No. 2 HAMPER

** Safety razor in which the blade not present any very unusual dim- can be locked so that no unauther culties. He kept the ledger, check÷ 1 Qt. Guillemart: Chazipagne. ised person can remove It (suitable ed the leading, victualling, assist- 1 Pt, D.O.M.

for prisons, asylums, hospitals, etc). ant's accounts, rendered intermin-1 Burgoyne's Burgundy. Autonistic lighting system that able and apparently purposeless 1 Qt. Martell XXX Brandy

Label or Perfection Whisky,

$45

Qta Tawny Dry Port

2 Qts St. Julien Claret.

1 Qt. Puritan Old Tom or Dry Gin.

1.Qt. Tik de Pasto Sherry.

Coincident with the demolition of 5. W. Tso, the Hon. Mr. T N his old bookshop in Ice House Chau, Dean Swann, Mr. Justice Street comes news of the sudden switches on motorcar lights at a returns to the Admiralty. In 2 Qta King George IV Gold 1 Phial Pomeranzan Hitters. V. R. Wood, the Rev. Father G. death of its owner, Mr. Kelly Sayse, pre-selected time, Byrne, and the widow and family one of the best-known figures in Electric windscreen wiper that of the late Mr. Fung Ping-shan. local stock Exchange circles, travels the whole width of

Mr. Kelly Enyce was years of screen

OLD ART LOST.

the

com-

age when he arrived in Hong Kong Anti-dazzle headlight which from Baghdad 80 years ago. He pletely absorbs the dazzling took a keen interest in Stock Ex to pass unimp

while allowing the horizontal rays Paria.change matters, the bookshop being Drawings and designs by cave only a side-line

devices, includ yesterday's quotation, while, for dwellers, believed to be 25,000 to The funeral, will pass the monu-

ode endless chain del, which can ward silver also alumped 8/16, 80,000 years old, which were receatment at 5.18 p.m. to-day,

lower

being quoted at The pound

ly discovered in a cave near (yester. Toutólise have been destroyed by

day's London on New York croas vandnikan

rate, being quoted at

this morning against yesterday.

G-R 284 The igns which were of great S-G38.27 archaeological

many visitors to the

Enttraute

FRESH AND FINE.

Northeast fine weather

to the

The exporta

uti)

the

tes of merit will be award

lelaure moments he pervied, the inevitable cigar between his teeth

massive tome that appeared to adferd him inexhaustible Interest It was called The King's Regala-1 tions and Admiralty Instructions

i Thus two months passed when a cloud rose above the horizon Mr Peglar's serenity.

tion waited on him from the Lower Dack with request

the

Was

vice, on mployed and.

fact the

No. 3 HAMPER --- Qt. Burgoyne's Burgundy

1 Pt. G. F Peppermint

PL. D.O.MASA

2 Qla. Superior Rich Old Port.

$40

1 Qt Tower Brandy.

Dry Gin

212 Qia.

2 Qta King George IV Gold 1 Phial

Label op Perfection Whisky,

Other Hampers made up to suit Cust

GANDE PRICE & CO. LTD.

HONG KONG