1939-06-14 — Page 9

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THE CHINA MAIL, JUNE 14, 1989

Britain's Confidence China's Exchange

New Level Will Be Strongly Held, Says Chancellor

London, To-day.

Mr. F. J. Bellenger (Labour) asked in the House of Commons yesterday the reason for the serious fall in the exchange value of the Chinese dol- lar, and why the stabilisation fund had ceased to operate.

The Chancellor of the Exchequer, Sir John Simon, replying, referred Mr. Bellenger to the state- ment issued in Hong Kong on June 8. Mr. Bellenger asked if the purpose of the Chinese currency stabilisation fund was not to keep the Chinese dollar stable, and as it had depreciated since then, whether the fund ceased to serve any useful purpose.

EXCHEQUER RETURNS

London, To-day. Exchequer returns show that total -ordinary revenue amounts to £114,

259,546, compared with £106,350,439

a year ago,

Receipts from customs at £47,363,- .000 are over £5,000,000 up on last

year.

Sir John Simon did not think it had ceased to serve any useful pose, and again referred to Hong Kong statement.

SALVAGING WRECKED FLYINGBOAT

In Strength

London, To-day.

The Postmaster-General ar- nounces that salvage of Imperial Airways flyingboat Centurion is proceeding at Calcutta. The mail will be dried and forwarded as recovered.

Meanwhile divers and dock of- ficials are experiencing difficulty in raising the flyingboat, the tail of which was above water on Monday but submerged when the craft shifted about 200 yards dur- ing the night.-Reuter.

FATHER WHO BEAT HIS SON

10-

Cheung Hung, father of. a pur-year-old boy, appeared before Mr. the R. Edwards at the Central Magis- tracy this morning on a charge of beating his son.

the

Inspector Fraser, of the S.C.A.,

STOLE A CAT

Found guilty of stealing a cat from No. 12 Fleming Road, yester- day, Chung Fuk, 48, unemployed, was sentenced to four weeks' hard labour by Mr. R. A, D. Forrest at the Central Magistracy this morn- ing.

Inspector A. V. Baker, who pro- secuted, said that it was the second case in a fortnight. Defendant was seen releasing the cat which was tied up.

THIEF'S FIELD DAY IN HUMPHREYS BUILDINGS

Three Europeans, residing in Kowloon, Humphreys Buildings, were victims of thieves early yester- day morning.

Mr. G. Bitzer, of No. 21, Humph- reys Buildings, lost money and arti- cles valued at $18.80, which were stolen from his residence.

of Mr. L. W. Innes,

No. 18,

Mr. Bellenger asked whether fund had ceased to operate as Bri-said defendant had an argument Humphreys Buildings, reported the tish funds were involved,

with his wife over the noise his theft of $55, Mr. H.G. Foreman, of Sir John again referred him to son and daughter

making, No, 15, Humphreys Buildings, lost the Hor; Kong statement, than which, he said, disturbed his game $20. which, he said, there could hardly of Mah Jong. be better information.

CONFIDENCE UNSHAKEN

The Chancellor added: "As is

were

The boy's mother was struck

twice in the face, and the lad then SIX MONTHS HARD

blew a police whistle. The father began to beat the son. The boy was. suffering from bruises on the fore- Total expenditure, less self-balanc- ing items, is £233,036,157 compared generally known, during the past head, back, chest and in the region with £189,954,386 at the correspond- weeks there has been no pressure of the spleen. British Wire-on the China stabilisation

Accused was placed on ing date of 1938,

and confidence in the National cur-bond for a year. less.

rency remains unshaken.

A

ADMIRAL LE BIGOT

IN MARSEILLES

Marseilles, June 7. Vice-Admiral Le Bigot, former

Chief Commander in

of the French Naval Forces in the Far East, arrived here on the S.S. Marechal Joffre to-day. He is to report to his Government on the international situation in the Far East. Havas.

READ WHAT THE STARS SAY ABOUT

"GIRLS' SCHOOL"

AN UNUSUALLY THRILLING-

PICTURE!

LIONEL

BARRYMORE

SAYS: "It's filled

fund,

а

Before Mr. T. J. Houston at the morning, Central Magistracy this Chan Kam-shui, 28, fisherman, was alarm $40 charged with larceny of an

clock from No. 16 Kam Wa Street. 'Defendant had five previous con-

"The control, however, temporar- ROYAL OBSERVATORY victions for similar offences.

ily withdrew support on Wednes- day in order to allow the exchange value of the dollar to be adjusted to a better economic level, and

REPORT

The Royal Observatory reports thereby bring the balance of trade that a weak anticyclone is station- into equilibrium.”

NEW LEVEL

He recalled that a similar step was taken last June, and when the level of 8d was found, it was suc- cessfully maintained months.

for

12

It was confidently believed that a new level had now been found,

and could be strongly held.

Sentence of six months' hard lab- our was passed, and the man was placed under Police supervision for two years.

ary over the Pacific to the south-Worms Steal Children's

east of Japan.

A depression appears to be form- ing over north-east China, and'a shallow depression to the south of Japan is moving north-eastward.

An area of low pressure covers Tongking and south-west China,

Strength.

When a child is thin and weak, has a fickle appetite, or wants to eat all the time but fails to profit from good wholesome food, it is probable that worms are sapping the nourishment In such that he should be getting.

cases

a few doses of Baby's Own Tablets are usually all that is needed to expel the parasites, after which the

GAMBLING CHARGE child quickly recovers normal appetite

Yip Kwok, 23, unemployed

was

and begins to thrive.

Composed of only the purest ingre- Many goods previously imported

dients, and guaranteed absolutely pure were now being made at home, and charged at the Central Magistracy and safe, these tablets are an ideal this remedy for stomach and bowel dis- the-favourable harvest foreshadow before Mr. R. A. D. Forrest

common orders in infancy and early childhood, ed by all reports would also con- merning, with keeping a tribute towards reduced imports.gaming house at No. 172 Hennessy such as indigestion, wind', vomiting. constipation, colic, diarrhoea.. Their cools mild laxative action quickly EXCHANGE FOR MUNITIONS Defendant was fined $40. A sum feverishness and, by settling the of $18.48, picked up during the stomach, qujets the nerves and allays the pains of teething. Obtainable from Arrangements had now been com-raid, was ordered to be paid to the all chemists, Baby's Own Tablets are

'Road.

with the hopes, pleted so that Government require- poor box. fears, romanticments of foreign exchange for

dreams of young girls standing on life's threshold.”

"GIRLS' SCHOOL”

stars

·ANNE SHIRLEY NAN GREY

and

•

50 BEAUTIFUL STARS OF

TO-MORROW

A COLUMBIA PICTURE COMING TO THE KING'S

munitions and other supplies had been taken care of and would not come on to the exchange market.

Finally, as the stabilisation fund had been strengthened, and fur- ther efforts to broaden the basis of the fund had been successful, the ability of the authorities to main- not be tain the exchange would questioned.

It was further emphasised that despite the present adjustment in the exchange level, the National currency would continue to retain the confidence of the people, be- cause its free inconvertibility was at all times assured. Reuter.

mother's help and Baby's friend.

HONOLULU

101 Starring

POWELL YOUNG

DE GEORGE

GRACIE

BURNS ALLEN

Meno: Gokluyn Mayer PICTURE