1938-01-14 — Page 4

Page

SHOWING TO-DAY

KING'S

At 2.30, 5.10,

7.15 & 9.30 p.m.

CONFLICT! woman of fire against a man of stool.sharing dan. ger and love with. out thought for the dawn they could.

not postpone! Afstander Korda presents

Marler DIETRICH ROSERT DONAT

knight without armor

From the novel bý TAMES HILTON

Author of "Lozi Borizon"

NEXT CHANGE COLUMBIA

4 SHOWS

DAILY

DAYS

·Directed by JACQUES FEYDER

A-London Pum

keinased thru United Artists.

“RACKETEERS IN EXILE”

with George Bancroft-Evelyn Venable Wynne Gibson --

TAKE ANE TRAM OR SLAPPY VALLEY BUS

ORIENTALE

TAMCHAI

2ONLY TO-DAY TO-MORROW

HERE'S A SUPER COMEDY THAT'S ALL LAUGHTER

The most original and most amusing picture ever made, funny trick photography of a couple spooks on the loose.- MOST HILARIOUS COMEDY CAMERA STUNTS IN HISTORY

KISSED BY A LOVELY SPOOKI

And then this timid soul went to town! 90 Minutes of Brand-New Laughs!

SEE

2

DAYS

ONLY

HAL ROACH presents

CONSTAR

BENNETT GRANT TOPPER

with Roland YOUNG-Billie BURKE

Alan MOWBRAY ***Eugene PALLETTE Directed by NORMAN Z-M«LEOD Associate Producer Mom H; Wan

M-G-M SHORTS

SUNDAY AND MONDAY

Warner Oland, Boris Karloff and a strong cast. "CHARLIE CHAN AT THE OPERA”

O MATINEES: 20c-30c ® EVENINGS: ·20c.-30c.-50c.-70c.

THE

OVERLAND

CHINA MAIL

PUBLISHED EVERY WEDNESDAY

contains all the general and

sporting news of the week.

"

Order Your Copy Now.

China Mail Office

3A, Wyndham Street

THE CHINA MAIL, JANUARY 14, 1988.

CHINA LIVING UP TO HER FINANCIAL OBLIGATIONS

Hankow, To-day.

"In spite of the urgency of military exigencies and financial problems, China has lived up and in- tends to continue to live up, to her obligations by fully and promptly meeting service of ex- ternal and internal obligations," said Dr. H. H. Kung, Premier and Finance Minister, in an ex- clusive interview with Reuter to-day.

Dr. Kung

declared that main- tenance of China's national credit was facilitated by the fact that during recent years strong founda- tions had been laid for China's fin- ancial and currency structure, "en- abling the country to endure a ma- jor conflict better than ever before. Moreover, during the first seven months of 1937, all revenues regis- tered an unprecedented improve- ment.

BUT FOR WAR

FLIGHT FROM

THE FRANC

London, To-day.

The flight of capital from France to England continues to as- This was due to the general poli- sume greater proportions with the tical stability and improved admin- consequence that pressure on the istration of revenues, which, cou-

ur to h pled with the currency reform of franc increased from hour to hour November, 1935, and unusually yesterday. good harvests in 1936 and 1987, had Lowest rate touched by the led to all-round expansion of trade franc during the day was 151.25 and Industry.

to the pound sterling.

The result was that during 1987, City circles believe that the in spite of hostilities, total re- French Government has inquired venue receipts of the Government if the British Government will exceeded those of preceding years support the franc in London if and "had it not been for Japanese the Paris Bourse is temporarily aggression, China would have been closed.

able to attain budgetary equili- The inquiry was also addressed brium in the current fiscal year an to the United States, and it is that both object towards which she has stead- generally - assumed fastly laboured." Reuter.

countries will support the franc any eventuality Trans-

TO DO HER UTMOST

Hankow, To-day. "China will do her utmost, not only now, but also in the future, to meet all her financial obligations. both internal and external," declar-d Dr. H. H. Kung, Premier and Fin- ance Minister, in a press interview this morning.

Dr. Kung added that in the year just ended, China had discharged all her financial obligations in spite of urgent military tasks that demand- ed immediate fulfilment.

in Ocean.

BRITAIN AND SOVIET CONSULATES

London, To-day.

CREDIT MAINTENANCE. Political stability, the improved In connection with the Russian fiscal system, currency reform and Government's declaration of its in- an extraordinarily good harvest, had tention to observe a princi- resulted in increased State revenue ple of " parity__in Consular re- as compared with 1936, in spite of presentation, it was stated in of the hostilities that had characteris- ficial quarters in London yester- ed 1937.

day that while the matter of ad- justment of the consular represen- tation of the two countries was the subject of friendly discussion be

the tween the two governments,

Dr. Kung declared that mainten- ance of Chinese credit was the chief aim of China's financial policy, all the more so as still greater demands would from now on be made on the British Government does not consi- State's resources.-

Trang Ocean.

PHILIPPINE INDEPENDENCE ATTITUDE

Washington, January 13.

der the principle of parity appro priate to Consular representation as rigid insistence on parity would appear to cut right across the whole purpose of such representa- tion. British Wireless.

NETHERLANDS LOAN

In a meeting between President Roosevelt and represent tives of the

Amsterdam, To-day. Philippines Government vhich wasĮ

Issue of a new 3 per cent. also attended by high officials in Netherlands. State Conversion Washington, is reported that Pre Loan, amounting to 1,700,000,000 sident Roosevelt intimated that in florius, purpose of which is con- view - of the present Far Eastern version o

of all 4 per cent. State situation, he was not in favour of Loans of 1931, 1938, 1994 and 1936, granting immediately, full indepen- was announced last night.

nce to the Philippines. This is Price of issue will be 9972 aken asconcrete proof that After ten years, the rate of Washington is maintaining a keenest will automatically rise to 3% interest in the Far East. Trans- per cent. Hiro period: the new Ocean.

loan is 88 years Trans-Ocean