"PREST-O-LITE"
YOUR NEXT
BATTERY
NO BETTER ASSURANCE OF
RELIABLE
SERVICE
THAN THE EXPRESSED SATISFACTION
OF CAR OWNERS
TYPES AVAILABLE
(Dry uncharged)
6 VOLTS 13 & 15 PLATES 12 VOLTS 7 PLATES
For further particulars apply
HONG KONG HOTEL GARAGE
PHONE 27778-9
STUBBS ROAD
OUTSTANDING VALUE
IN
PURE LINEN SHEETS
68" x 106"
3500
PAIR 80" x 108"
3950
PAIR
WHITEAWAY, LAIDLAW & CO., LTD.
BAGGAGE TRANSFERS
Telephone
27761 to Engage our Service
Efficient and Secure
CHINA PROVIDENT LOAN & MORTGAGE CO., LTD.
TO EVERY MAN THE STRENGTH OF TEN!
UN
1500 LBS.
"NAIDED, the average man lifts with difficulty his own weight. Give him a block and tackle and his strength truly becomes "as the strength of ten."
By ordinary saving you can accumulate reserves only through long years of work. Through Life Insurance there is a financial "block and tackle" available to you, which increases enormously your power to protect your family.
If you should be taken away tomorrow or years hence-Life Insurance will guarantee to your family immediately the money you could only have accumu. lated otherwise during a lifetime of work.
To learn how Life Insurance will diminish your prob- lems and increase your assets, fill in and mail the coupon.
Established 1887
THE
MANUFACTURERS Life
HEAD OFFICE
INSURANCE COMPANY
Chief Office for South China: Windsor House-Hong Kong,
„Mitchell-Manager. Sharp Acting Manager.
Tele: 20601-26691,
TORONTO, CANADA
Mail This Coupon Now
THE MANUFACTURERS LIFE INSURANCE CO., Windsor Hausa, H.M. Please send me full particulars of your “Retirement Policy, NAME ADDRESS AGE (Nearest Birthday).....
9APB4
THE CHINA MAIL, JUNE 5, 1941.
H.K. Interest Tax Explained
THE LIABILITY OF paying the newly instituted Interest Tax lies with the party who borrows money and not with the party receiv- ing interest on monies loaned, the Acting Commissioner of War Taxation announced this morning.
The debtor will have the right to deduct from interest payable to the creditor the amount of Interest Tax due to the War Taxa- tion Department and the Creditor will have no claim against the debtor because he does not receive his full interest.
The official statement was as follows:
Interest Tax is payable by any person (including a partnership, body of persons, or corporation) who horrows money
(a) on a mortage, bill of sale, or debenture;
(b) for the purpose of his trade, profession or business, and who pays interest on the loan.
The tax is at the rate of 14% uni the interest paid, and it is payable! to the Commissioner of War Tax** tion at
time as the the same interest is paid For example, if you, is a borrower, have to pay
፡- sum of $100 as interest, you
HE GIVES
G.M. TO
HIS MEN
A former deputy-chief | A.R.P. warden, awarded the George Medal for res- cuing people from wreck- buildings and for
must not pay the full amount to your creditor: you should pay him only $86 and you must pay ed the balance of $14 at once to the
Commissioner of War Taxation, dangerous work in bomb
If you forget about Interest Tax, disposal, has given it to
ENGINEERING
-BY COLOUR
Matching colours is more in a woman's dine than choosing a drill to bore a hole of a given size.
new
women
So workers of the M.G. Car Co., drilling tens of thousands of holes
many
different sizes, have
their job
of
made easier by using drills coloured to cor- with the
respond
marking of the holes to be drilled.
Each size drill is a colour and drilling jigs have coloured lines painted on them from hole to hole.
The
colours appear on the top the drills of part of the respective sizes.
same
and pay the full amount of $100, the men who manned SAYS MEN
you will still have to pay tax
of $14 to the Commissioner, but his post.
in this case you may recover this sum from your creditor.
No Claim
Your creditor has no claim against you because he does not receive his full interest, but if he asks, you must give him an account of the deduction you have made in the form of a
certificate which you can obtain from the War Taxation Depart
ment on application.
Interest paid to a limited liability company or to an ap-| proved bank is not subject to Interest Tax, and therefore nny person who borrows only from a limited ability company or an approved bank is not affected by this tax. A list of approved banks will be published and will be obtainable from the War Taxa- tion Department.
Anyone in doubt about this tax
The should apply for advice to War Taxation Department. This paper is issued without authority in an attempt to help the public to understand the working of the new inx.
ISLAND TAKES FIVE HUNS
While Devon fishermen and their families looked on, five German airmen were landed from a naval patrol vessel on the little stone quay at Appledore and taken away to be interned.
They had been captured by the handful of people-eight or nine two men and their wives and land girls-who form the popula- in the tion of Lundy Island, Bristol Channel. Their bomber shot erashed there after being down.
Heinkel 111
The 'plane,
of
He is Philip D. Whitting, Hammersmith, W., now a pilot officer in the R.A.F.
"It belongs to them as much as it does to me," he says,
The medal is to be framed and exhibited in turn at all the A.R.P. posts in the Hammersmith district.
HAVE 'TURK COMPLEX'
Much opposition to
This will be inscribed in the family allowances was due to the "Turk" com-
frame:
This medal, awarded to a
Hammersmith warden, is a tribute plex among men, said to the splendid spirit and unselfish Miss Eleanor Rathbone, cooperation displayed by mem- bers of all A.R.P. services.
"It belongs to all of you who worked day in, day out, for the safety of the borough."
MYSTERY U.S. NAVY ORDER
M.P., in London recently.
"The man who is really a tyrant," she said, "rejoices in the tremendous control which the holding of the purse strings gives him.
10.
"The man who is not a tyrant likes to picture himself with A
clinging wife and children him as the giver of oll good things.
ה
Miss Rathbone said. that she flat PRESIDENT ROOSEVELT favoured a State-supported
OR-
55. ISSUED AN EXECUTIVE
rate allowances scheme of YES- or 6s. u DER IN WASHINGTON
children week for all TERDAY DIRECTING THAT under fifteen. If this were not AN UNSPECIFIED NUMBER OF possible she would welcome COAST GUARD OFFICERS scheme for allowances which AND ENLISTED MEN BE began with the second child. TRANSFERRED
HELP "And we ought to fight like OPERATE CERTAIN NAVAL tigers to get these allowances
paid to the mother," she added. Meanwhile, the Maritime Com- Miss Rathbone said that a State mission has issued a list of 28 scheme of 5s. per child for all merchant vessels, including the under fifteen would cost £132,- liner America, which have been 000,000 a year, or £118,000,000 for all existing acquired for the army and navy. after allowing -Reuter.
Fallowances.
VESSELS.
TO
NAZIS MAY GET FRENCH BASES
(By Reuter's Naval Correspondent) REPORTS OF FURTHER plans for colla- twin-engined bomber, was burnt boration between Vichy and the Nazis were jury, but though armed, they current in London yesterday, and though they the islanders went out in a body do not so far find confirmation in official.
to scrap. The crew escaped in-
had no fight left in them when
to round them up.
"They seemed terribly frigh circles, they are interesting indications of tened about what we would do German aspirations regarding French resist-
"We
to them," an islander said. gave them food and kept them] ance. in a barn until the naval vessel arrived."
SYRIAN TRADE
FORBIDDEN
.......
رو
If this report, is borne out One of these reports suggests | that under the terms of the
by developments, it is obvious- ly of first class importance.":" Hitler-Darlan agreement. six
Possession of Daker would put French, naval bases are to be German ships at a base where made available for joint use by the distance between Africa and The Egyptian Ministry of the French and German Fleets the South American continent is Finance has placed Syrla on The ports mentioned were Sate, no more than about 2,000 miles, the list of countries with which on the Mediterranean coast of and would" niso constitute a it is forbidden to trade as “be-France, Beirut in Syria, Ville- further menace to British; ship. ing occupied either by Ger- franche near Nice, Algiers, Casa ping from West African ports.--
Router. many or Italy."-Router, blanca and Dakar,
No comments yet.
Private notes are available after approval.