1935-11-07 — Page 12

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THE CHINA

THURSDAY, NOVEMBER 7, 1935

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INICOLOUR

Bodiker And Company WALLED CITY

Being Sued

Alleged Wrongful Conversion

QUESTION OF EXCHANGE

The hearing was continued before His Honour the Chief Justice, Sir Atholl MacGregor. in the Supreme Court this morning of the case in which Messrs. Bodiker & Co. are being sued for $65,800, for alleged wrongful conversion. by the Ying Wah Co.

Mr. Eldon Potter, KC, in- structed by Mr E S C Brooks. of Messrs. Hastings & Co. ap-| peared for the plaintiff firzi and the defendants are repre- sented by Mr. Leo D'Almada, jjnr on the instructions of Mr. J. T. Prior of Messrs. Wilkinsön & Grist.

SEA

The native traps of Eritrea who led the successful. Italian drive on Adowa were commanded by General Pirizis Biroli, veteran of the World War and colonial campaign.

MARY

SIXTH PLENARY

SESSION

According to the statement of claim the defendants lent! $97440 fo the plaintiffs on January 10 this year, under a written contract, on security of 2,000 bags of wolfram ore. The condition of the contract that the wolfram- ore should be returned to the plain- tiffs on settlement of the loan within three months. Shortly after the money was advanced the plaintiffs repaid the sum, `qď′′ $56,000 to the defendants, and received in return. 1,000 bags of | ore thus leaving the other 1000 for security for the remainder of the loan- On March 20 the. plaintiffs notified the defen- which a number of important dants that they were prepared solutions

Solemn Closing Ceremony

INUNDATED

Critical Situation At

Peihsien

POPULACE PANIC STRICKEN

Hsuchow, To-day.

The situation of the district and city of Peihsien, along the west bank of the Weishan Lake, has reached a most critical stage as flood waters. which previously enveloped. the walled city, have now invaded it and the streets are covered" with water about a foot deep."

The populace there, panic stricken, beside doing their ut- | most to reinforce the city walls, are now draining the floods out of the city by means of pumps|

An atmosphere of pessimism pervades the local inhabitants, as the ravages of the north wind have brought the city walls to a crumbling state.

SITUATION IN KUANYUN Meanwhile the situation in Kuanyun has again become seri- ous. The continuous slight rain has caused a considerable rise in the Yen River, the flood waters of which still surround the walls of the district city.

According to the reports from Haichow, as a result of the energetic efforts of 70,000 la- bourers, an 80- flood prevention dyke, running from Lintou to been Chushan. has recently completed. Central News

Agency. Naking. To-day. After a five days" session, - in

were discussed and

to repay the remainder of the adopted, the Sixth Plenary Session money advanced, and applied of the Central Executive Commit for the return of the other 1,000 tees was closed at a solemn cere- bags of wolfram ore. The de-mony at 9 o'clock yesterday,mora- fendants, however, failed to de-ing at the auditorium of the Cen- liver the goods.

tral Kuomintang Headquarters,

*

FOUR MORE GREAT WAR VICTIMS

Three Children Die When Shell Bursts

Belgrade. Three children, between the

CA. ASKED FOR STATEMENT with 85 CEC and CS.C. mem-j At this morning's hearing Mribers and more than 200 staff mem- EM. Bryden, chartered account-bers of the Central Kuomintang ages of 11 and 15, have been kill- ant, of Messrs. Lowe, Bingham Headquarters in attendance. and Matthews, said he had been Mr. Yn Yu-jen presided consulted on the previous after-the ceremony and delivered a clos and alked to set forth the ing speech. Central News Agency transaction between the parties in the form of a stabernent.

доод

Mr. Potter put it to the witness that 100 tons of wolfram ore were

GENERAL FENG TO PAY VISIT TO SOUTH

2340

ed and one sent mad near. Sveta i Maria, Slovenia, by a shell relic of the Great War which exploded as they were trying to

put the weight with it

The shell was found by the children in some woods. They managed to lift it and hurl it some little distance. The subse Canton, To-day--It is learned quent explosion blew three of were not the purchasers. They here from official sources, that them to pieces. had forwarded 50 tons, on plain-General Feng

pledged to Messrs. Bodiker, who

Ya-Hsiang has The detonation and the sight tiff's account and risk, to Ham-cabled that he will come to the of the fate of his companions, burg. In a transaction between South within a few days time, bas left the fourth child mad- Messrs Bodiker and the Hong Neutral News.

Reuter. Kong Bank, $68,500 was realised

DEVELOPMENTS

(Continued from Page 1)

Government thus far has not re- cerved any

communication from

against a sterling bill drawn came down to $5,000?-Witness: U.S. OFFICIALS ARE AWAITING against the goods. He understood would not accept that as up- that on those facts as to which

plying to the surplus, because you there was no dispute the wit-could have sold your sterling on ness had made out an account of that day for practically the same the transaction between the amount. If you had booked parties. Mr. Bryden assented. change on February 12 for

this In cross-examination

Mr. 50 tons of ore, the thing is finish American banking and other D'Almada referred to Messzeled: you would not make any more American interests in China Bodiker's letter to the Bank losses. Exchange would only af-seeking assistance in protecting dated February 12, in which they fect the $441 loss (when that any silver stocks they may own." set forth the various exchange came to be settled in dollars at Financial observers feel certain contracts to be used in connection the rate of the day).

that some financial support

short

with the wolfcam ore transaction. At this stage Mr. D'Almads, abroad, presumably at London, Mr. D'Almada They are con- after consulting his clients, ma- was arranged preliminary" to the tracts which an export firm has to tioned to the Cout that this evi-nationalisation announcement, enter into from time to time to dence had taken him somewhat but it is felt that any foreign meet commitments?" Yes, It is by surprise: it had not been loan, unless it is very large, can pradent business.

opened by Mr. Potter and be be adequate only for a "These eight contracts were would ask if he might reserve period, and the pressure against loaned for the purpose of this his further cross-examination for the currency may become too transaction?” Used: whether another occasion. It was a strong unless the equilibrium of loaned or not I

cannot say ranged that the witness should international payments is effect

attended soon. “Messrs., Bodiker would after this make it convenient to have to book other exchange con-[again to-morrow..

The Journal of Commerce com- tracts to replace those which had Mr. Potter asked permission toments; "It would be a charac- been used?" — It booked for surticipate his re-examination by teristic next step in the farcical business other than this, then used putting one or two questions silver comedy to have the United for this business, then, if they which he thought would help the States buy a large amount of sil- were to carry out their original other side to follow the plaintif's ver from China with a view to contracts; they would require to submissions.

helping her to balance payments book again.

*:... PLAINTIFF'S POSITION during the crucial transition per- Witness agreed that between Addressing the witness Hiod while turning to a managed February 12 and May 3 the dollar Potter, said that supposing the paper currency tied to sterling." had risen, and agreed also that dollar had fallen to a shilling, that-Beuter.

it followed that if Messrs. Bodi would have been the plaintiff's ker sold sterling during that per- misfortune Here was a ster- lod they would get less in dol-ling bill of £6.256 "Convert it at lars.

whatever rate you like, but you

RECORD ATTEMPT FLIGHT PROCEEDING

Mr. D'Almada:” “Will you, acido convert it. Nessz Bodiker's

London, To-dzy, Flying Officer cept it from me that, in fact, beliability was to meet that bill at canse eight of these contracts the other end with £6,255, To Llewellyn and Mrs. Wyndham had been lent to this transaction, do that he had the wolfram ore: if who are attempting to lower the Messrs. Bodiker, after that date, the ore produced that sum there record for a fight from the Cape [had to go into the market and i was not another word to be said.

sell sterling, for the purpose of The witness- signed. their other obligations, and this Whatever the dollar went to 500 after for Aberco. so reduced the surplus that it Exactly,

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