1938-03-22 — Page 11

THE CHINA MAIL, MARCH 1938

ENORMOUS

IN

Page

INCREASE

NATIONAL DEBT

Japanese Requirements For China Campaign

BRITONS ADVISED TO EVACUATE

London, To-day.

A British cruiser is arriving in Barcelona in the next few days for protection of British inter-

ests.

Britons have been advised to leave, the city--Renter

Compulsory

Powers In New Mobilisation Bill

Tokyo, To-day.

Japanese financial circles estimate that loan issues aggregating 5,600,000,000 yen may be expected during the budget year 1938-39.

FOREIGN BANKS This REFUSE TO

amount, it is declared, includes both issues en visaged in the ordinary budget, as well as those credits required for the extraordinary military budget.

SCOT PRIVATES INJURED IN MANOEUVRES

The "China Mail learns

that during the mant two privates from the Sea

forth Highlanders and one from the Royal Scots, were jured and sent to the Militar Hospital in Bowen Road.

Scots, was travelling ins

Pte. Digney of the

ry along the new military road

DEAL IN NORTH As Japanese State indebtedness already amounts on the south side of the island

CHINA NOTES

to 11,900,000,000 yen, it is to be assumed that by the end of March, 1939, total indebtedness will have risen to 17,500,000,000 yen.. Tokyo, To-day. From Japanese sources it is Considerable difficul- stated that Japanese financial ties are being experienc-circles believe that it will be pos- ed in effecting the issuesible to raise new loans without of notes of the new Fed-recourse to the National Mobili- sation Law, that is, without em- erated Reserve Bank of

ployment of compulsory North China, according

sures requiring private undertak-

31e2-

to reports from Tientsin. ings to subscribe to State Loans.

The branches of foreign banks CIRCLE EXTENSION * in Tientsin are stated to have re- fused to accept the new notes,

Hitherto, the Bank of Japan and whereupon the threat was made other great Japanese banks and that if they persisted, such banks credit societies, post office savings would have to close their estab-

banks and insurance companies lishments.

were the chief bodies relied upon Foreign petroleum companies, for acceptance of State Loans but such as the Standard Oil and Texas Oil, engaged in business in under the circumstances now pre- North China, are said to have de-vaïling, it is thought that exten-

Trans-

when the brakes failed. The driver ran the lorry into the

side of the cliff, skidded for

some distance, and came to a sudden stop as the back axle broke. Pte. Digney, was thrown out and was later admitted to

es. He is expected to be dis- charged to-day.

COLONEL BECK ON hospital suffering from bruis-

LITHUANIA'S SOVEREIGNTY

London, To-day.

That Poland has no intention of infringing in any way the sovereign ty of Lithuania was the gist of a declaration made by the Polish For- eign Minister, Colonel Beck, to correspondent of the Daly Mail Mr. G. Ward Price, special foreign

Colonel Beck added that on contrary Poland would carefully spect the sovereign independence her neighbour. Trans Ocean.

clared that if the foreign banks sion of this circle would be quite SHEIK OF MOSQUE close, they would be obliged to feasible and probable. cease operations, since they are dependent on foreign banks for doing their business.

The foreign banks have declin- ed absolutely to undertake any transactions in the currency of the new Federated Bank Trans-Ocean.

JAPANESE MAIL CENSORSHIP IN SHANGHAI

London, To-day.

Ocean

BRITISH OIL STAFFS LEAVING MEXICO

Mexico City, To-day,

OF OMAR BADLY WOUNDED

Jerusalem, To

The principal Sherkk ous mosque of Omar jounis Husseini, w severely wounded terday when an assa

times at him with

Pte. Carruthers, of the Sea- forths, is understood to have been

slightly crushed – between * launch and a pier during landing. His mjuries were not serious and it is expected that he will be fit for discharge from hospital this afternoon.

FOREIGN AIR LEGION "DE MOBBED"

Hankow, To-day

The “Foreign Legion” in the Chinese Air Force has been de mobilised by the Chinese Avis- tion Commissio ich yester day, made the following state-

All four ballets hit and, the Sheik's condition is consi

tary

The assailant made cape-Trans-Ocean.

ood his es

as instructors:

Reute

British employees of the Mexi-dered to be extremely can Eagle Oil Company, whose wives and children had previous- ly left the country, are now leav ing.

Replying to a question by Mr. A. Representatives of the foreign C. Moreing (Conservative, Presql-companies said they were will- ton) in the House of Commons ing to work the oilfields if not yesterday, in regard to the Jap hindered by the Mexican Govern- anese claim to exercise postal ment, and were prepared to under censorship on foreign mails pass-take an increase in wages amount- ing through Shanghai, and Bri-ing to £2,000,000 a year, which is tish protests in this connection, more than the average profits. Mr. R. A. Butler, Under-Foreign Beuter, Secretary, stated that no answer hitherto had been received to the representations mentioned in his reply on March 9.

However, he had no informa Aquarium Society will be h

held tion in regard to any actual exer- Wednesday, at 8:30 pm at the Bio- cise of censorship except for a logical Dept, HK University. The few newspapers recently detain-Speaker will be Dr. G. A. C. Herk- ed for a short time Beuter. lots

The next meeting of the H. K..

on

Those who know ...... Insist on

EWO

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