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THE HONG KONG HOTEL GARAGE Stubbs Road
The dollar, on demand, closed
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Supreme Court
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.Est, 1845.
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
Est. 1845.
Happy Valley.
No. 28,365
HONG KONG, WEDNESDAY, MARCH 15, 1933.
PRICE $3.00 Per Month.
CHINESE CLAIM STRIKING VICTORY NORTH OF
Air Commodore P. F. M. Fel- lows, leader of the Houston Mt. Everest Flight Expedition, which recently arrived at Karachi,-f1- und elec. ting the oxygen tubes
trical heating cables to the com plicated flying suit being worn by Colonel L. S. V. Blacker, Chief Observer. The success of the
venture depends largely upon the efficiency or this equipment.....
(9. & G.)
INCREASED
OUTPUT BY
H.K. ELECTRIC' Company's Record For Nett Profit.
ANNUAL MEETING
The forty-fourth annual gen- eral meeting of the Hong Kong; Electric Co., Ltd., was held this morning at the company's offices.
The Hon. Mr. C. G. S. Mackie (Chairman of Directors) presid ed and was supported by Sir Robert Ho Tung, Kt, the Hon. Sir Shon-son Chow, Kt., Mr. T. E. Pearce, Mr. J. P. Warren (Diree! lors), Mr. J. Douglas Butcher manager), and shareholders.
The Chairman in his speech raid:-
"The Nett Profit after providing for Depreciation is $1,857,786.83 and with the sum of $136,336.11 brought forward from last account
we have a sum of $1.994,122.94 for
appropriation, and with this we pro-
To pay a $2.50 absorbing To pay a bonus divi-
dend of $.026 per share absorbing
dividend of per share
To place to reserve To carry forward to
next account
$1,125,000.00
R.A.F. CUTS MADE WITH ANXIETY
BRITAIN TAKES RISKS WITH AIR FORCE
NOW RANKS ONLY FIFTH ON LIST OF AIR POWERS
LONDON, TO-DAY.
IN PRESENTING THE AIR FORCE ESTIMATES IN THE HOUSE OF COMMONS YESTERDAY, SIR PHILIP SASSOON, UNDER-SECRETARY FOR AIR, SAID THAT THE CONTRI- BUTIONS TO ECONOMY. MADE BY THE ROYAL AIR FORCE
HAD NOT BEEN MADE WITHOUT ANXIETY. RISES HAD
HAD TO BE TAKEN.
The apparent rise of £26,000 in the total of £17,424,000, con- cealed a reduction of £340,000 fo`lowing the decrease of £700,000 last year. No new units were provided for, although ten regular Squadrons were still required to complete the modest programme approved as long ago as 1923.
The decision to hold this ten-year-old programme in suspense for another year was practical proof of the wholehearted desire of the Government to promote the successful issue of the Disarmament Con- ference.
Pending the outcome of the Conference, they were once again 112,500.00 prepared to accept the continu-
600,000.00 ance of the serious existing dis- parity between the strength of
156,622.94
"Your Directors Feel justified in re- the Royal Air Force and that of
commending the payment of a bonus the air services of other great: distribution in view of the success-nations..
ful year's working and I hope it will
meet with your approval.
AMERICANS
CONFIDENT IN
BANK CRISIS think highly satisfactory.
Deposits Far Exceed Withdrawals.
NEW YORK EXCHANGES RE-OPEN TO-DAY
"The Profit on Working exceeded Lhat for 1931 by $266,567, an in- crease of 10.23 per cent, which is I
"The Cross Earning show an in- crease on last year of $103,678, and in view of the general depression this improvement la I think another satisfactory feature of the year's operations.
increase of some 1,141,381 units and enables
bulance to present 1
establishes 22 record
nett
"The output showed an
sheet
In terms of first-line strength, the Royal Air Force stood to-day only fifth on the list of air powers, al- though at the end of the Great War, Britain had a larger number of trained flying personnel and a larger total number of aircraft than any other nation.
DISARMAMENT CRISIS REACHED
"Europe Degenerating
Before Our Eyes.
ADJOURNMENT ́USELESS IN PRESENT TEMPER
Geneva, To-day.
DUNLOP
Fort
is unequalled by any other Tyre in the world
GREAT
Manchuria's Envoy of good-will-General W. 5. Y. Tinge, who is representing the young ex-Emperor, Mr. Henry Pu-Yi, who is now Regent of Manchuria, chatting with LL-Col. H. St. Clair Smallwood, his former aeronautical adviser in China, at the Grosvenor House Hotel. This is General Tinge's first visit to London since 25 years ago, and he is explaining the position in Manchuria to the people of Europe. (S. & G.).
BIRD CRUELTY
CASES
Fines Of $250 And
$100 Imposed.
OVERCROWDING BIRDS TO
SAVE FREIGHT
Fines of $250 and $100 were im- red on Chan Cham Chen, of Cochrane Street, and Chin Kam, of 7, Cochrane Street, respectively. for cruely to birds, when their case was concluded before Mr. Wynne
Jones at the Central Magistracy this
morning.
As the result of intensive conver- The first defendant had placed sations, the British Premier. Mr. his birds in four wooden boxes, Ramsay MacDonald is pondering each divided horizontally into His Wor- over the details of a definite Disar three compartments. mament Convention, which will be ship decided that if he based the as wide, complete and concrete as fine on the estimated profit made by shipping birds in this manner possible.
it would be too small.
The British spokesman declared
New York, Yesterday.
While air expenditure in Bri-that an adjournment would be use- fortain showed a substantial de- less in view of the present temper The Banks are opening with de-'thut
profit. The cline since 1925, other nations' of Europe. posits far greater than withdrawals earnings and
number of the new meters con- ‹Continued on Page 12.)
and a general feeling of confidence prevailing.
The Stock Exchange and the Me- tal Exchange will re-open on Wed- nesday.
The Grain market and the Cotton Exchange will re-open on Thursday.
FURTHER DROP IN LOCAL DOLLAR. Silver Declines As Pound Improves.
1
The local dollar has declined further since yesterday, opening this morning at 1/3%.
HONG KONG
UNIVERSITY
COMES OF AGE
Departments Open For Inspection.
ENGINEERING AND SCIENCE EXHIBITS
Special Congregation Programme
With the coming of age of the Silver prices, both spot and for- 'University of Hong Kong, which is ward, have declined 1/16, being being celebrated to-day, residents quoted this morning at 17 11/16 and were given an opportunity to peep 17% respectively.
Cross rate prices were this morn into the background of the greatest ing quoted at £G$3.43% and seat of learning in the Far East. G$3.45 respectively for the London |
ti, rins
BR
Coolie Runs In Front Of Car.
Hundreds availed themselves of
¿
outlay on air services over the our eyes," he said.-Reuter. same period.
The decision therefore to again postpone overtaking the arrears on the modest programme deem-
Germany Insists On Equality.
FRENCH PROTEST NAZI ENTRY INTO KIEL.
The freight on bird cages from Hong Kong to Marseilles
was
BRITISH AVIATION EXPORTS IN 1932 REACH £1,750,000 300 Aeroplanes And 452 Aero Engines For Overseas
London, To-day. Three hundred aeroplanes, 452 acro engines and other autoplane parts of British manufacture, ta the total value of nearly £1,750,- 000, were exported from the Unit ed Kingdom during 1932-British Wireless Service.
BRITISH TRADE. MENACED
WALL
2 JAPANESE
BRIGADES
ROUTED
Threatened With Annihilation.
CHINESE LONDON LEGATION REPORT
London, To-day. The Chinese Lega- tion here claim that the Chinese troops secured a striking victory north of the Great Wall, yester- day, when they rout- ed two Japanese bri- gades, the remnants of which were sur- rounded and threat- ened with annihila- tion. ― Reuter.
U.S. May Declare Arms Embargo.
Washington, To-day. The United States Government has informed Grant Britain that it will press for legislation permitting the President to declare an arms embargo against any nation in the world.
Japanese Dumping In U.S. To Co-operate With
League.
· India.
MERCHANT'S SIX-DAY TRIP FROM CALCUTTA TO H. K.
The menace to British trade in £1 which made the total freight India by Japanese dumping, was
4. His Worship stated that.. without wishing to commit him-
£4.
DELEGATE WILL NOT VOTE.
London, To-day.
It was announced at Geneva
emphasised by Mr. C. B. Deva, part. yesterday, that the United States
had very largely increased their "Europe is degenerating before self in any way, the birds should her in the firm of Messrs. Bhagat has agreed to co-operate with have been transported in 12 cages Bingh Buggs and Company, the In-the League Advisory Committee instead of 4 boxes divided into dían coal merchants, during an in-of Twenty-one, which is watch- twelve compartments.
terview with the China Mail yestering the situation in the Far East. then would The defendant
An American delegate will co- day. have had to BRY £12
"The position there is critical, operate in the actions of the Com- In freight instead of only
saved particularly in regard to the cotton mittee, but will not vote. He had thus £8. Allowing $15 to the pound and piece goods trade," he said. He this amounted to $120. Since the expressed an opinion that it was defendant had made $120 in this only the anti-Japanese boycott that first time to-day.
A Washington message receiv-. The French Ambassador, M.way he could afford to pay the prevented Japan establishing what
ed by the Foreign Office yester- Francois Poincet, called on Baron maximum fine which was $250. practically amounted to a monopoly
in this line in Hong Kong. (Continued on Page 12.)
Mr. Deva is the first Indian who day states that the State Depart- Von Neurath, Foreign Minister, and formally protested against
has travelled by the air route to ment is informing the British the infringement of the Peace
Hong Kong from India, via Saigon. Government that President Roosevelt is soon to ask Congress
ed to be the minimum necessary in 1923, when the strength of other air powers was consider- ably less than it is to-day, WES A gesture, the importance which would not, it was to be hoped, be overlooked.
The air policy of Britain was, and had always been, conspicu- ously moderate and unprovoca
tive.
Nevertheless, while air forces existed air power wIL ER
vital, to the British Empire an sea power, and could not be neglected.
of
Peaceful Activities. Reviewing the past year's work of the Air Force, Sir Philip Sassoon
among other
Berlin, To-day,
Treaty by the entry of Nazi MR. L. URQUHART'S "Storm Troops" into Kiel
Sir Horace Rumbold, the British Ambassador confer- red at length with Baron Yon Neurath on disarma- ment.
Baron Von Neurath declar ed that Germany's attitude was unchanged, namely, that Germany was free to take necessary measures to en- sure security unless other nations disarmed. Reuter.
Italy's Views On
Disarmamente Japa
MUSSOLINI REFUSES TO ATTEND GENEVA.
DEATH
Mining Director.
INTERESTS IN SOVIET OILFIELDS
London, To-day, The death has occurred in Lon-
don of Mr. Leslis Urquhart, aged|
The Committee meets for the
He arrived here on the s.s, Aramis[ yesterday, having completed the usual 19 day journey from Calcutta for authority to declare embar In under six days. He said that he goes on shipments of munitions, was given to understand by respon in co-operation with other Pow- sible oficials that the French air mail planes would be connected ere. direct with Hong Kong any time after next month, thus making a here three-day journey between and Calcritta.
"The Indians have not yet 1,000
58 years, Chairman of Russo-Asia-realised the importance of such a tle Consolidated Limited.
link," he said. "In fact they are reticent to travel by air.
He was prominent a few years very
ago in the efforts to obtain for They still consider air travel ́un-
sedangkandar, large oli. safe felda then and now in Boylet pos- session-British Wireless Service..
Leslie Mr. John
Urquhart, M.Inat.M.M. M.LME., HLF.T., was a director of many mining concerns, in- cloding the New Guines Golddelds.
on New York and New York on he opportunity, and throughout the referred to its many peaceful acti- London rates, against morning, crowds thronged the vitles, mentioning G$8.89% and £-0$3.41 yesterday. various departments to view the in- examples, the conveyance of surgical fahelks in the deserts or in Iraq, teresting exhibits and relics.
and anti- carrying anti-cholers STOCKBROKER IN
Replicas of prehistoric man, ACCIDENT.
valuable books and manuscript, typhoid vaccines to remote native marine and botanical exhibits villages of the Persian Gulf, recon- and scientific medical apparatus naissance to give flood warnings in India and Iraq, carrying a 'supply of were among the many interest- ing things to be seen, while er food to the famine stricken tribes [in Trans-Jordan, the discovery of perimenta in the
and the conveyance of political Mr. J. F. Wright, a stock-broker, branches of science were demon- unchartered reefs, locust fighting
Bumours are current here to the studied mining engineering at of 202, the Peak, reports that while strated. The advance of modern officers and civil malls to isolated.
has turned a deaf ear to the British and at the Baku Olifields, Caucaena. driving his motor car No. 1780 engineering was clearly to be communities-British Wireless Ser-effect that the Italian Government Glasgow and Edinburgh Univeralties
viče.
He owned and operated mining enter- wish that II.
bo Duce come along Queen's Road East, near the seen in the up-to-date power
Bolshevist revo tntil the and Russia Wanchal market at 7.45 p.m. ýester-house,
Full ceremonial will attend the
In 1917. Hon day, Chinese male puddenly ran
11 To, master of passenger boat Geneva to join hands with Bri prisen in the Ural Mountaing, Biberia across the road, being struck by the Special Congregation this after A2818V, reports that at 9.30 am. Tes-tish Prime Minister MacDonald In
Gold Medal, First Class, by King Ed- noon, when honorary degrees will terday, while sailing his beat off Fat-making # last desperate effort to In 1906, he was awarded the Albert ** The man was taken to hospital he conferred upon several local Hager tract, the test launch Fee prevent the fallure of the Disure ward, and in 1916 was awarded the
Hing collided with the stern of his mant Conference,
Allver Medal of the Royal Society of boat doing alight damage, No pucion Buffering from Jujuries to his left] residents.`
(Continued on Page 7.) kose but was not detained there.
CAT.
various
was injured.
., Rome.
revolu-
BRITISH SURPLUS LAST WEEK.
Exchequer Statement.
London, To-day. The Exchequer receipts for the week ended March 11, amounted to £27,649,628, while the expenditure totalled £10,- 961,764-British Wireless Ser-
vice,
British Wireless Service.. Charhar Province Invaded.
JAPANESE ADVANCING
NEAR UTAN.
Nanking, To-day.
The Japanese Manchukuo joint operations have been extended to Charhar Province, according to Chinese despatches, which state that Manchukuo troops are attack- ing Dolomor from Western Jchol. A Japanese detachment with strength of over 1,000, and "sup- plied with ten field guns, is report- ed to be advancing in the direction of Ulan-Reuter.
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