1937-03-08 — Page 17

THE CHINA MAH, MARCH 8, 1937.

A NEW POISON

Substitute For:

Arsenic

EAST INDIA LOAN BILL

Government's New

Powers

GREAT BRITAIN'S IMPORTS

MINISTER ISSUES –

WARNING

A poison which can be used in- stead of arsenic în insecticides and

A financial resolution is to be intro- Warning that Britain might be is not injurious to human beings duced in Parliament authorising the forced to cut down her imports unless has been discovered--in Brazil. It introduction of the East India Loans she was able to sell more abroad was is called "Timbo" and is a new ex-State for India to borrow in sterling on tary of the Department of Overseas Bill. This empowers the Secretary of given by Capt. Euan Wadace, Secre port commodity of the Amazon behalf of the Government of India dur Trade, addressing the annual banquet Valley. It is described in a Departing the period between April 1 next of the British Chamber of Commerce ment of Overseas Trade report. and the establishment of the Feder- in Brussels.

The word "timbo" is derivedation of India.

Remarking that Great Britain and A memorandum from an Indian word which

on the resolution, Belgium were competitors, Capt. Wal- the issued by the Secretary of State for lace said that the trade balance was at natives of the Amazon Valley use India, explains that the bill is neces-present in Belgium's favour. to denote any plant, shrub, or tree sary because the statutory borrowing "If we cannot increase our sales from which they extract poison, power now vested in the Secretary of overseas," he said, "the time will come which they employ in catching fish State in Council will expire on April 1. when we shall have to restrict our pur-

Such borrowing power is at present chases from abroad." in the rivers. Recent experiments, represented by outstanding debt of Capt. Wallace referred to the Three says the report; have shown that $276,000,000 and unused borrowing Power monetary agreement of last au- "Totenona," the basis of the poison, power of £44,000,000, or a total of tumor and said that he hoped the in-l vitation to other countries which it) can replace arsenic as an ingredient 320,000,000. in insecticides and eliminate

The provisions of the resolution are contained would not be allowed to be- the!

designed to impose a similar limit on come a dead letter. danger in their use, as it is not in-India sterling debt during the period jurious to man or warm-blooded for which the Secretary of State is - Signor Cantalupo, Italian Ambassa-

empowered to borrow.

dor at Rio de Janeiro, has been nomin- "Timbo" can be exported either

It is proposed also to effect a sub-ated as first Italian Ambassador to stantial consolidation of the existing Gen. Franco's Government in Spain. as a root or a powder, but to encour-law with regard to India sterling debt, age local industry export în powder to bring certain technical details of form only has hitherto been allowed that law into conformity with modern from the State of Para. The largest tions in it as are required by the intro- requirements, and to make such adapta- importer is the United States, which duction of new constitutional forms. took 227 tons of the total exports amounting to 253 tons in 1935.

animals.

CABBAGES AS RENT

All expenses under the resolution will fall to be met from Indian re- venues, and no liability is imposed, on the Exchequer of the United Kingdom.

BANK ADVANCES

Three hundred bushels of apples) or 10,000 cabbages were offered at Mr. Edwin Fisher, new chairman of Canterbury County Court by a far- Barclays Bank, presided for the first mer as payment in kind in lies of time at an annual meeting of the bank. £14 12s 6d, arrears of quit rent his speech was devoted to an analysis One of the most interesting parts of] due to Viscountess Hawarden

as of bank advances. At the end of No- Lady of the Manor of Wingham. vember 202,228 customers of Barclays The defendant, one of four bro- and advances, compared with 200,744 thers named Stickells, of Great Knell at the end of October 1935. Farm, near. Canterbury, said that against £774 Loans to productive in-

The average advance

$354, they objected to paying what he dustry accounted for 31.8 per cent of described as a fine levied on agricul- the total value, compared with ture by Lady Hawarden.

was

32.7 per cent, at the end of October 1935.

He claimed that it was formerly paid in personal service or in kind. had a grievance.

Judge Clements, who ordered Mr. G. M. Kingsford, for Lady payment of the amount within two Hawarden, declined the offer of months, told Mr. Stickells that it apples or cabbages, which, he said, was a matter for Parliament if he were not legal tender.

.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Agencies and Branches:

Hoilo

Incorporated by Bayal Charter, 18

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund Reserve Liability of Pro

prietors

£3,000,000 53,000,000

£3,000,000

Rangoon

Amritsar

Saigon

Bangkok

Semarang

Bateria

Fiang

Seremban

Bombay

Fabe

Shanghai

Calenta

Kuala Lumpur

Canton

Kuching

Cawnpore

Madras

Cebu

Manila

Colombo Delhi

Media

Tiantain

New Tat

Perping

(Blanket)

(Peking)

Tsingtao

Penang

Yokocsma

Zamboanga

Alor Star

Ipoh

Kazachi

Singapore Sitiawan Sourabaya Taping

a bin Hong Kong Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fixed Depozita received for one year or shorter periods at Isles which will be quoted on application.

The Bank's Head Office in London undertakes Executor and Trustee business, and

claims TECOVERY of British Income Tax overpaid, terms which may be ascertained "st. any: pfi Agencies and Branches.

A. BREARLEY-

Manage Hong Kong, 1st January, 1935.

BANKS

KONG AND SHANGHAI

CORPORATION

Reserve Funds:

$50,000,000

Authorised Capital Issued and Fully-Paid-up.. 20,000,000

Sterling 6,500,000 Hong Kong Currency

Reserve

$10,000,000

Reserve Liability of Pro-

prietors

.$20,000,000 HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS. G. Miskin, Esq., Chairman.

M. T. Johnson, Esq.,

Deputy Chairman.

J.E. Bousfield, Esq., K. S. Morrison, Esq.. A. H. Compton, Esq. Hon. Mz-J. J. Paterson, Hor. S. E. Dodwell, T. E. Emazon, Eag J. E. Masson, Eag.... A. IShielda, Esq.,

V. M. Grayburn, Esq.,

Chief Manage

AMOY

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON-

CHEFOO COLOMBO DAIREN

ONG HAMBURG

HARBIN HONGKEW ILOILO

IPOH

JOHORE ROBE

KOWLOON

BRANCHES

KUALA LUMPUR

LONDON LYONS MALACCA

MANILA

MUAR (Jobore) MUNORN NEW YORK FELPING PENANG BANGOON SAIGON

SAN FRANCISCO SHANGHAI SINGAPORE SOGRABAZ SUNGEI PATANI TUFANISIN

LYOKOHAMA,

Current Accounts "opened in Local Currency and Fixed Deposita "received" "for one year or shorter periods in Local Currency and Sterling on terms. -which will be quoted- on syplication.

ALSO up to date SAFE DEPOSIT BOXES in Tarious sizes TO LET.

Hong Kong, 1st March, 1987.

HONG KONG SAVINGS BANK

The Business, of: the--abots -Bank-is" condunted by the HONG KONG AND SHANGHAI BANK- ING CORFURATION. Enias maybe obtained on application...

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATIONS AND

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 1st March

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

Capital (fully paid-up) Yen.100,000,000 Reserve Funda Yen.130,900,000

Head Office: YOKOHAMA

Branches and Agencies at

THE BANK OF EAST ASIA, LTD. Alexandria

Moji

Nagasaki

THE

AMERICAN EXPRESS COMPANY

INC.

Incorporated with Limited Liability in U.SA

REICHMARK TRAVELLERS

CHEQUES

ON SALE AT

ADVANTAGEOUS RATES

Office:

No. 4, Des Voeux Road

Central

Authorised Capital

Paid-up Capital

Beserve and Undivided Profits

Bangkok

$30,000,000.00

Batavia

6,598,600.00

Berlin

2,685,395.52:

Bombay

Calcutta

HEAD OFFICL-HONG KONG. 10, Des Faux-Bond, Central.

BOARD OF DIRECTORS:-

Hon. Sir Shou-son Chow, Chairman Li Xoan Chun, Esq, P. E Kwok Esq, Wong Yun Tong, Esq., Chan Ching Shak, Esq., Li Lan SapBr

Esq, Wong Chu bon, Esq. and Kan Ying Po, Esq.

Kan Tung Po, Esq., Chief Manager. Li Tee Fong, Esq. Manager.

BRANCHES AND AGENCIES

Melbours

Seattle

Shanghai Singapore Sourabaya

Snatow

Amsy

Manis

Bataris

Bombay

Nagasaki

Calcuts

New York

Canton.

Osaka

Haiphong

Paris

Bankow

Peiping

Honolulu Kobe

Fenang

Baza

Kowloon London-

San Francisco

--Sydney

Tahokn Tientain Ickyo VEDCOUTEL

Every description of Banking and Exchange business transacted, Loans granted on sypoved securities.

Current Accounts opened in Local Currency and Fixed Deposita received for cancels For shorter perioda in Local and Foreign Despencies on terms which will be quoted on-application.

Safe Deposit Boxes-To

KAN TUNG PO

Chief Manager.

THE WING ON BANK, LTD.

Head Office: Hong Kong.. 26, Des Voeux Road, Central Authorised Capital $10,000,000 LONDON BANKERS--- Westminster Bank, Ltd. Foreign Exchange and every den- cription of banking business transact-

ed

Current Accounts and Savings Ac- counts opened. Mixed Deposits re ceived at rates which will be quoted- on application.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

*PHILIP GOCKCHIN, Chief Manager

Canton

Dairen (Dainy)

Nagoya

Fengtien (Mukden) Rangoon

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Hsinking Karachi

Kobe London

Manila

Los Angeles

Seattle

-New York

Osaka

Otan

Paris

Peiping

Fio de Jeneiro

San Francisco

Semarang

Shanghai

Singapore

Sourabaya

Sydney Thentsin

Tokyo.

Tsingtau

Yingkow

Interest allowed for Curent Ae counts.

Deposits received for fixed periods at rates to be obtained on applica tions.

I. KANO,

Manager. Hong Kong, 13th November, 1936.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China) Capital paid up

$5,000,000. Reserves

Capital Savings Dept. Reserve Savings Dept.

Head Office-Shanghai A Bank having as its the industrial developm

· China and the

000.

ering of her commercial relations abroad. “ Hong Ko

6, Queer

Phone 31116,