1940-04-22 — Page 3

THE CHINA MAIL, APRIL 22, 1940.

Librairy, Supreme Court

Expenditure May Be Nearly £4,000,000

LONDON, TO-DAY.

IN THE COMING WEEK, THE BUSINESS OF THE HOUSE OF COMMONS WILL BE LARGELY TAKEN UP WITH THE BUDGET WHICH WILL BE PRESENTED ON TUESDAY FOR THE SECOND TIME SINCE THE OUTBREAK OF WAR BY SIR JOHN SIMON, AND WITH A GENERAL DEBATE ON THE BUDGET RESOLUTIONS. Perhaps owing to the fact that no detailed Estimates of Service expenditure have been made and so little of the financial position is known, speculation on the Budget has been greatly reduced this year.

It is certain, however, that the Chancellor of the Exchequer will have to budget for far larger expenditure in 1940-41 than the £1,816,000,000. spent in the past financial year.

"Financial experts, in fact, believe that expenditure may well be double last year's figure.

Meeting expenditure on such an astronomic scale, it is universally agreed, will be a task with which no previous Chancellor has been faced. It is pointed out, however, that not more than a fraction of the total ex- penditure can be met from immediate taxation. The newspaper "Observer" suggests, "in fact only about one- third of the expenditure on the war superimposed on the existing debt charges and normal services will be found out of revenue. The balance will have be met by further borrow ing."

Tax Increases

It is not denied, however, that in- creased taxation in some directions will be necessary.

Ia view of the fact that Sir John Simon, when he in- troduced the supplementary bud- get in the Autumn announced not only the rate of Income Tax im- mediately to be levied but also that

for the present financial year, it felt

in City there is no likelihood that the already very high level of income tax will be further raised. Surtax also is considered to have reached a level hardly possible to increase.

Tobacco and beer are picked upon by the Budget speculators as the two commodities most likely to suffer further tax increases.

It considered almost certain that postage rates will also be raised. It will be recalled that letter post was raised to twopence during the last war. British Wireless.

DUTCH INTERESTS PROTECTED

The Hague, Yesterday,

CAMPAIGN AGAINST

QUEEN'S & ALHAMBRA

AT 230 515 7 20·9:30 TEL 31453 · AT 230 520 720 9:30 TEL56856

TO-DAY AND TO-MORROW

EXCITING SOUTH SEA ADVENTURE PHOTOGRAPHED IN A NEWLY PERFECTED COLOUR FİLM

“THE COSMOCOLOUR'

GIRL FLYER CRASHES"MIDST GUN- RUNNERS IN SOUTH SEAS JUNGLE!

ISLE of DESTINY

Starring

JUNE LANG

With William Gar- gan, Wallace. Ford, Gilbert Roland, Etlenne Girardot, Katherine DeMille.

A FRANKLYN WARNER PRODUCTION, Directed by EUMER CUFTON Screen Play by Arthur Hoint, M. Cootes Webuar, Robert Lively. From original story by Allan Vaughn Elston. A FINE ARTS PICTURE. Distributed by RKO RADIO FICTURES, Inc.

Wednesday QUEEN'S

KING HAAKON "THESE GLAMOUR GIRLS"

A

LONDON, TO-DAY.

GERMAN BROADCAST ΤΟ SOUTH AFRICA LAST THURSDAY PROVIDES A GOOD EXAMPLE OF THE UNSCRUPULOUS DECEIT OF THE NAZI PROPAGANDA MA- CHINE.

South African listeners were regal- ed with what purported to be a letter written by Haile Selassie, exiled King of Abyssinia, to King Haakon of Norway, rebuking Norway for resist- ing the Germans and saying that King Haakon himself was a vassal of Eng- land.

The real truth was revealed in an- other German broadcast subsequent- ly in another language. This time it appeared that the letter had appeared in the Italian newspaper "Il Regime Fascista."

Haile Selassie was not even men- tioned.

broadcast was part of the campaign It is obvious that the German

now being waged by Goebbels' pro- paganda machine against King Hau- kon-Reuter.

TRANSPORT PARLEY

(SPECIAL TO "CHINA MAIL")

Tokyo, Yesterday. Transport authorities in Japan, Manchukuo and occupied China are to confer shortly with the aim of unifying their transport system, ex- panding the transport capacities of To protect Dutch interests in re-connecting lines and shortening tra- gard to payments as between the velling times. These measures will Netherlands and Norway and Den- be enforced on August 1. mark, clearing arrangements have The conference will also be attend- been established for the settlement ed by the Governors-General of of Dutch debts to creditors in Nor-Korea and Formosa. Havas. way and Denmark.

This will apply for the purchase of goods or any other obligations. Reuter.

A dog belonging to Mrs. Stewart, of No. 93, Waterloo Road, was removed to Mautaukok for observation, after it had bitten a Chinese, Cheuk., Sun, yesterday.

LEARN

DANCING IN 6 HOURS

Rapid easy lessons. Begin

·ners--A speciálily, Advanced сове. Modern Ballroom Dancing, Tango, Tap. perf Tuition.

TONY DANCE STUDIO -8th

-GERMAN BUSINESS EFFORTS IN TIENTSIN -13PECIAL TO "CHINA MAIL")

Tientsin, Yesterday. The vernacular "Tenshin Nippo" reports that several German.com- mercial firms in Tientsin have de- cided to develop trade relations with Mengkiang, in order to transport raw material from Inner. Mongolia to Germany via the Trans-Siberian Railway,

The paper adds a conference was recently held on the subject, repre-~ sentatives of various organisations concerned in the scheme - including the Federal Reserve Bank, the Bank of Mengkiang and the Japanese con- sulate here. Hava

4 SHOWS DAILY 2.30-8.20 720-9.30

"

Wednesday ALHAMBRA "HELL BELOW"

MAJESTIC

THEATRE

NATHAN ROAD

KOWLOON

TEL:87222

(MATINEES: 20€-30€o EVENINGS: 20.-30c50c708

FINAL SHOWINGS TO-DAY

Another Immortal Character Joins The Motion Picture Gallery Of The Great!

Twentieth Century-Fox presents DARRYL F.ZANUCK'S Production of

THE STORY OF

ALEXANDER GRAHAM BELL

DON

with

LORETTA

HENRY

AMECHE YOUNG FONDA

Charles Coburn » Gene Lockhart = Spring Byington Sally Blane • Polly And Young Georgiana Young

A Cosmopolitan Production

Directed by Irving Cummings

Added Attraction :

LATEST MOVIETONE NEWS Directly After Showing At The King's Theatre !

TO MORROW AND WEDNESDAY The Most Exciting Picture The "Dead End”. Kids Have Ever Made!

"HELL'S KITCHEN”

A Warner Bros. Picture

TO-NIGHT'S DINNER Pineapple Cocktail:-

ubarry

Roast

Fillet of Bale In Jelly

Chicken-CutlētiesEAS. of Lamb," Mint Bauce Risseto Potatőez:

Cabbage Baute

Goups Jacquo

*Tea or Coffee

Price $1.75

ST. FRANCIS HOTEL

FROAD, CENT