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CHINA
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ESTABLISHED FOR OVER ONE HUNDRED YEARS
Price: 20 Conts.
HONG KONG, THURSDAY, JUNE 17, 1948.
Debtor-Creditor Ordinance Now Law Despite Strong Opposition
Mystery Of
3 Missing Fortresses
Parks, June 10.
The Air Ministry ordered! art planes and boats >
Mediterranean Rescue Servier today in an effort to solve the mystery of three missing Fly- ing Fortresses,
The Debtor-Creditor (Occupation) Ordinance, Government's com- promise measure for the revaluation of wartime debt repay- ments passed into law yesterday at a Legislative Council meeting, despite strong opposition from the two Chinese mem-. bers of the Council.
The Hon. Mr. T. N. Chau, sénior Chinese member, opposed the Bill on the ground that the com- promise was bad in the absence of a ruling from the Court that the payments made to the creditor Banks during the occupation were wholly invalid.
The
It
Hon. Sir Man-kam Lo, supporting Mr.”Chau, said the compromise was unintelligible. was accepted grudgingly by one side and He urged violently opposed by the other. florality
that the Bill should be withdrawn and the ----Moratorium lifted at once, leaving the parties
to fight out their legal rights in Court.
About 100 Debtors
to
The planes. their unidesi!itled, were reported have disappearest yesterday MALLA. Bight from the Azores to Corsien.
French
+
shid,
*
P
Uti The Hon. Mr. D. F. Lan
is certumly a mystery,"
Ale Ministry spokesman "how three airplanes could just disappear,”
possible
dale, senior Unofficial Mem He Hul 1 Wos
theber, supported the Bill. He three might have mudo n sute landing but sad been able to Sid the compromise was a report it because of storms over fair one with the scale of the Atlantic which have disrupt valuation of the military you ed radio communications, Lie very mueli in favour of the salt pinnen, sauf heuls were pudebitor.
Jur 12 search
He was supported from France, Msn gevo, Cotsura, Tuniamy Mr. C. C. Roberts and Mi. N. Q. C. Marsh, representing US Air Force Headquarters in the Hong Kong General Weisbaden, Germany, suld i bud Chamber of Comnierce and a report the three plus the Unofficial Justices of the received a were believed missing bud
reports There Peace.
Un
arul Algeria,
spokesman #ukt
Indicated the planes were a coin-
mercial version of the B-17.
Mr. Percy Chen, barrister
heard from after reported an engine ustre.
Hotel Survey Progress
Satisfactory
Government's
"[
to response
for request
with
Creditors Did
relevant data in order to ar- Not Benefit
riva as a fair schedule, of
bank overdrafts have seen their penperty apprecinte after the war in the must urtounding way, whilst unusually generous divi- dends have been paid while it! themselves
bave In the main |much exceeiled the Interest on
the Toaps.
Voted Against It
"The banks on the other hand
Commons Dispute Manoeuvre
to
London, June 15, The Cabinet is understood have finally decided to have a special short session of Parliament in the autumn to deal with a Bill to reduce had in the meantime been demay hold up legislation from the time the House of Lords prived of the use of the money advaneet by them and not only
only two years to one. but to matitain their organisations The House of Lords rejected ting throughout the war, and the Bill last week but the Gov- chatulitate their branches after ernment decided to puss. It hito the re-occupation of the liberated law in spite of them. territories, but they are now re- This it can do by presenting to forego n substantial the Bill in three successive sex=" lakes/ part of the principal sums while Isions within two Years Fo Ita "There is evidence that several | they on their part have dis= | second 'reading in the House of
Commons. arge dengers in the latter part of enarged their obligations br their 1942 and the Arst half of 1043 paid as little as phout 20% to 251 un dollars and got away with
"Yen. us, the armander in After May 31st. 1943 though ebts were paid os Yen there was is inducement for the Japanese to enspel any debtor to pay as R could only be paid In Yen, which the Japanese were printing freely.
"There is no justice in giving credit to any debtor who paid cred
debts In Yen of his This
voluntary choice when he must
Bill
own
not
enstomers in full.
"This Bill, Sir, in its publisher form, has now been before the pubile for three months and both creditors and debtors have had an opportunity to present their views to Government,
"It seems to me, Sir, that this Bill provides n solution to this complex problem with as much justice to all parties as has been humanly possible.'
The autumn session, which in expected to start in mid-Septem- her and last five or six weeks. will make this posible. The Bil will automatically become law in November, 1949,
A new 10,700-ton passen- ger-carrying freighter.
Silverbriar", nwned by the Silver Line, Limited, is duc to arrive in Hong Kong next Thursday
„JUST ARRIVED FROM U.S.A.
CASH BOX
WITH
· COMBINATION LOCK
NOW ON DISPLAY 'AT:- HONG KONG TYPEWRITER EXCHANGE
9. D'Agullar St.
Tel. 21438
serviço power of 0.000 s.h.p. | Is a replica of an old English inn. (which gives it a service speed of A writing room is also provided
15% knots.
and installed with comfortable Outstanding features of the settees and armchairs, new vessel are the double-furmel The round the world trip is designed superstructure and taking the "Silverbrlar" from the on her maiden streamlined bridgehouse, original United States to Hong Kong via bullders. Messrs. | Atumtle ports, Bombay, Karachi, voyage around the world.eas of the
Joseph Thomson
Sons, and Slugapore. From Hong Kong, the local agents for the ship. Royal Inter-Ocean Lines are Li
the ship will proceed to the Puck- There is accommodation for 12 Caukt via Shanghal.
The vessel has a cargo "Describe us having all up-to-passengers. The cables are lined dinte improvements, the "Silver-with walnut sycamore aut equip-city up to 685,000 cubic-tect In
to tanks capable hriar" has a Parsons double re-pest with soft blue velvet uphol- addition duction geared steam turbin ng stored (urniture. The smokercom carrying 5,000 tons of Liquid cargo.
and
Ordinances
Two Other
Become Law
A retroactive clause in the Bui In addition to the Debtor-Creditor (Occupation)
to nationalise the iron and steel industry, which it is proposed to
present to Parliament in the au- tumo, would also become law in November,
1949. The Hon. Mr. T. N. Chau,
The Bill has been discussed by senior Chinese member, sald: Ministers for some weeks. It
Ordinance 1948, two further Ordinances werd added to the Colony's statuto book yesterday. They woo:
The Occupation Marriages
an
The Commission reported that the site was unsultable for nireld of un international char- arter on
"Ar a representative of the will come before the tull Cabinet (Validity) Ordinance 1948, Chinese community who
are on Thursday--Reuter..
the ones most seriously affected. and the majority of whom
strenously oppose the Bill now Parachute
before Council, 1 must against it.
vote
good
Pulled Him To Safety
Clark Field, Luzon,
the
to remove doubts validity of marriages (other than non-Christian mar- during ríages)
the
contracted
Meantime, however, lego! sane- tion had been given in respect of. the land to be resumed. land which was now found to he un- of nocessory.
enemy occupation
Mr. Strickland explained that Hong Kong
those who had been disturbed by The Frustration of Contracts the commencement of work were Ordinance 1948 to provide for in April 1948 encouraged
capa-
Human Rights Application
Lake Buccess, June 15. France suggested today that United Nations Commission be formed to add that human eights are observed through- aut the world.
Professor Rane Cassin, of France, proposed to the Com- mission on Human Rights that the Assembly elect a Com- mission to supervlas the ape plication of human rights and fundamental freedoms to be voyllined in a United-Naționa covenant on human rights,
The Commission to working the covenant It post- poned discussion of Cassin's
on
- suggestion.—Assoolated-Preis-
The Weather
of
A trough of tow pressure extends along the mouth count of Japan to a depression In the Exatem Sen which 'is moring east.
Alatlunary-abalinw-low-pressure - RINK - covers 8 and RW Chian while a trough from the Pacific anticyclone extends BW aerome Lauzon to MalayK.
The Coast Guard New York-law, who was engaged by said the three planus were not the Chinese General Chamber [hove kurn là his own conscience of them of Commerce to fight the But, fas an honourable man that be was None was a spectator at the debate. not repaying to the creditor the of the reports gave ownership of
Imoney he had borrowed and the the planes or the number
After the Acting Finan-beuchts of which he had recelved.
(Mr. A. persons aboard-Assoclated Press,cial Secretary
Gi
"The
of debtors! number affected by Clarke) proposed the B for
this
"he Bill would be a the Second Beading, seconded large. My information is that promise if it were almost a
war indebtedness by the Colonial Secretary
of all the prower
ahesa certainty that a Court of Law (Hon. Mr. D. M. MacDougali).
only would declare that to the liquidated bank
payments
the validity of contraets execu-turn to their homes. However; about 20% to 25% was liquid. mude to the Banks the Senior Unofficial - Member,
during the,
tion
of which Was frustrated some elevel acres had been ren- ated
during the Japanese ac- Japanese occupation were wholly
by the intervention of the war. dered permanently unsuitable for Ilon. Mr. D. F. Landale, fol-
cupation, and of this percent. Invalid. But if not, then the Bilt
read u Both Blils were Unofficial
Arst agricultural purposes, while some other lowed by
-age four fifths.
sla represented le_rota-good-compromise.
A US fighter plane had
time-in-Council-fortnight-ago. houses also were. requisitioned, | Members, addressed the Coun-
About one hundred debtors.
and the Bill before Council was very large number of veo-just collided at 20.000 feet cil.
The Bl
now before this ple maintain that payments with another in the air and
Now Bills
to provide for compensation Comel ecks to compromise on marle to the Japanese were valid,was gyrating wildly earth-
made in respect, of such requist- all this on the perciple that there and ure prepared to accept the
Six new Bills passed their first tion and for land used in road- so Captain have
been some individual consequences of having to pay in ward,
making. may
James reading in Council yesterday. cases of hardship which call for full again, should the Courts de- Butler unable to
An leave the
the- Ordinance to amend
The motion was seconded by compromise. It provides that elde in favour of the creditors. cockpit, pulled the ripcord, Dangerous Goods Ordinance in- the Colonial Secretary (Mr, D.M.,
carried where debtors claim to have paid
creasing the penalties for in- MacDougall) and
un- "That being the case, I submit, and opened his parachute (fringement of certain clauses of animously their debts in liong Kong dollars Sir, that Government should not ebars to be laid down for. The Hon. D.F. Landale, open-they will get full credit, regard-fore the Bill on them against while still in the plane.
the principal Ordinance.
Hong Kong's new-GOC, Major Thu parachute pulled Capt. An Ordinance to amend the General F.R.G. Matthews, D.S.O.. hotel accommodation, equit-ing the debate, said that whether less of whether the banks re- their wishes."
in as a member of entitled to ceived the money or not. Ая 10
Butler out of the plane, but was Fraudulent Transfers of Business was sworn able to both proprietors and the Japanese were
damaged in the process. Capt. Ordinance 1923, providing that the Legislative Council at its seK- Butler, hit the earth with a hard any approval given by the Ser-j slon yesterday.
retary for Chinese Affairs under thump after a fast descent.
Ordinance
be with- may Robert E. Good the the Captain
drawn. pilot involved in other
the crash
the An Ordinance to amend of the 13th Air of two P-478
(Reconstruction uf Force
Recortis). Ordinance 1948, to pri
A Chinese youth, 22 should note that failure to do At the
eriod there was no balance for fiquidated banks never receivert cedented situation confronting the Filipino rescuers and brought to and providing somo elasticity for "bout half past eight last night
The pilots were picked up by vide for extended time limits for
compilance with its provisions 20, had a miraculotis besides rendering them
yed Colony after the Japanese occu- to prosecution without further dispusal although collections from the cash, therefore, by accepting
have so doubt that the 20th Station Hospital, where the location of registered allees when, after dashing out from the notice, may result in future rates diebtors exceede* payments to these in full the banks stand to pation,
their condition was reported fair- The Acting Attorney this
right to Council has the lose very considerably; Their establishments
and in legislate for
being creditors,
what
they good today. be should the scheduled on a general
case of the Yen payments,
Capt. Butler has a knee injury (Mr. G. E. Strickland) explaining pavement in the vicinity of 207
i tho
treasure, said the Johnston Road, he was knocked Rel. Humidity on and
down "Secondly, were
wrenched back,
by tram No. 46. The young Dew Point ..... payments to here again the liquidated banks municipal law of the Colony on
with time limits were a little on the without reference to particular
the points covered by the Bill.
man who was extricated from Wind Force eiretimstances
the liquidators valid or invalid? never received the Yen and even #overning
Both short side and were designed ta men were bruised and may have impress upon companies to revert and conductor, was found to be High
beneath the tram by the driver T amenities of their premises which lere again I am impressed not if they had done so they could in order to render justice to all possible internal injuries.
parties and remove uncertainty, they might wish to make clear, only by the weight of legal have done nothing with
them ar gud
to normality at the earliest pos suffering from superficial injuries; of individual opinion but by my sense of come because they butt crased-to-funin vuring for the Bill-if-I-thought- such as the sizes
should have no hesitation fractures-United Press.
sible date. It was now realise only. rooms and the number of occu-mercial law and the usage crtion-and their executives
were that it represented a fair com-
THREAT LETTER that an extension of time pants allocated to them.
mereluats. Payments were not | interned or in custody under
based promise.
on intelligible
necessary. made to the Preditors themselves, duress,
ALLEGED which the 'loss' is data. under
A Chinese fairly distributed.
mule named Ko compromise is quite Tok-sing, who was alleged to have "But he unmeiligble
It is ac-sent a threatening letter demand la me.
་
the public, has been recely.quidate the bunke in the Colony the payments that were made in Legal Rights
rates set out in the schedule to Restricted the Pill
or not, they did not do so in the Mars Yen, these payments are ed. It was officially announc-weepted sense. They did not pro-recognised in accordance with the ed yesterday.
reed to collect debts and to pay Those who fail to comply with creditors and reserve the balance Governor's request for sub- for ultimate disperal. · They ap- mission of the required particu-propriated
"Both these rompromises seem
lars on er before Tuesday, June Loflected into a pool of their own for. In the case of the Honk that in dealing with the unpre- Satan Yesterday, also parachuted Companies
ន
bagis
the
"BOY" CHARGED
WITH MURDER
Penang, June 15. Moliamined Zola Bin Ramjon. 27, was today charged with the John Ramuden. murder of Mr.
planter son of Sir John Ramsden, the British landowner, who wor
all the money they 10_ing very much-in-favour of the The Jian Sir NK-Latif end of the occupation Kong
The payments.
or tu their agents and, moreover,
dollar
as the creditors tiid not benent Debtors Favoured
irom such payments, the pay
..I
T
(Continued on Page 2)
@
Generat
Stamp Ordinance
An Ordinance to amend
whs
the
Stamp Ordinance 1821 to replace
present 10 per cen was luty
excess
with *** 5 per cent nd arrested by the Police when he was said to have called to collect Valorem duty on conveyances.
The Acting Attorney General the money yesterday afternoon.
"explained_thất this was a rever- The
letter demanding the
ion to the normal practice, ox- money is reported to have been sept that the rate of duty hos received some days ago by Dr. een increased from 1 percent to Cheung, who communicated the percent. contents to the Police.
An Ordinance to amend the Chinese Detectives Wong Muk- Duffable Commodities Ordinanco lin and Wong Keung were posted | to give elsect to the recommenda at Dr. Cheung's residence and tion of the_Salaries Commission when Ko allegedly called for the that the Governor should be meney, he was arrested. - exempt from dulles imposed un-
der this Ordinance.
vents could not have been valid. "There have been suggestions cepted with grunging reluctance Ing $500 from a Dr. Cheung Ying-he
"My support of the Bill m thot the Yen payments should be by ene and notly cpposed by the kee of 495 Nathon Road, further based on certain facts given some value according to the ather. which as the result of my in-cate of exchange prevailing in quirica | am satisfied are correct. the black market, or according th other measure of their some
A Chinese woman labourer re- "The Hong Kong dollar was in purchasing power. Such sugges-, relved serious injuries when she found dead at his home in north-circuition as the legal tender of tions might have something-to-fell from a lorry on which she West Malaya on June 8
the Colony--and the only legal commend them if the creditor was travelling at about 4.30 p.m. tender of the Colony--until Moy banks and received Yen and been yesterday. The woman was sitting as, 1943. Thereafter Military Yen in a position to derive some on a load of timber carried by only was allowed to be used a alue from them in purchasing the lorry. As the lorry turned a eurrency, It was wholly unback-
commodities or property at the bend, the timber shifted and she ed und rapidly depreciated until time. The degree of
validity fell and was pinned under some it became worthless. The notes vhich should therefore be given tumber which also fell off. were printed at will, so much sa to the Yen as a concession to that at the end of the occupation debtors can hardly be based..on they amounted to nearly two iny value which the Yen had to thousand million.
the debtor but could never have had to the creditur. The scale of The "March Past" in the King's Birthday Parado valuations
of the Yen given in The schedule to the Bill seems to
Mohamed Zain was one of six Malay house servants detained for questioning ofter the murder --Router.
While
ACID ATTACK
'walking along Jubilee Street, near Queen's Road Cen- tral, at about 8.40 last night, n Chinese woman, Lo Kwan-wal, "The case therefore of thour was attacked by an unknown as debtors wito quidated their debts anilant, who threw some acid on Military Yen before May 81
nuslained by the victim, who was those who
her back. Only slight injury was 1943 is sightly different from me a compromise weighted very taken to the Queen Mary Hospi- Those we paid after this date. much in favour of the debtor.
who pulited to pay in the provision of Interest. In the
wal.
On Other Pages
Page Two ~
'HK Trade With ́ Japan......-
Page Threa,
Yen before that "A point has been raised about
date were dollars if they chose to da es. Dill simple interest at 4g is the Indeed the Japanese were
were so keen maximum allowed when the
na
| to
TODAY'S MARCH PAST
A last minute Bill was put up to Council by the Acting At torney General-"An Ordinanca to provide for the re-investing in The former owners. uf certain Hand In the region of Ping Shon resumed during the period the Administration,
today has boon arranged so as to cause as little inconvenience as possible to the public, British Military
and for the payment of compen- a government spokesman declared yesterday,
vation in certain gases in respect of the use thereof." following criticisms in yostorday's correspon
Explaining the necessity_for_ donco columns of the “Ching-Mail".
The proposed legislation,, the Act- ON ascomulating Hong Kong stipulated rate was higher, or the The spokesman said that the ing the Parade can use the altering Attorney General sald dollars in order to purchase sup- stipulated rate if it was lower.
native routes from Murray Parade samption of land' in the Pine plies from China and Macao that Either party is at liberty to apply at 9.45 a.m. is that it will be reason for holding the Farado
Ground via Kennedy Road to the Shan area commenced soon after They were prepared and did agree to the Court for a variation in after the peak period for the
East for Queen's Road, after the the British. “Military. Administra part.
payment in Yen provided cases of hardship, and the Cour
procession has past) and viation for the construction of an a-part was paid in dollars.
large Albert Road and D'Agullar Street airfield more suitable for has a very wide discretion and morning traffic, and the major- many cases they no doubt can take into consideration thefty of people are in their offices | to expected that the parade} acres' was chosen.
aircraft, and an area of some 600 West. exerted pressure in order to get benents received by A debtor by 9. a.m.
It is dollars. But there is no evidence from the possession and use of The official spokesman added w
will be over before the shopping Site Unsuitable Maszyna Probleme of Hong Kong~ | whatsoever that anyone Was the property bought with the that the use of Murray Parade
starts. LAS ALAPON Editorial.
forced to pay in Yen..
loan or lodged as security..
Ground as a car park will cours fioul et Connaught Road Cen- Seven
I was natural that debtors; "Merchants who
goods teract any inconvenience which tral, has been repod off in order scheme was proceeding the Air While preliminary work on the bought Scandinavian Alliance Move, should heard. dollars and pay on credit given by the banks might have been caused by the to allow spectators close-up, Ministry and the Ministry of iPage. Kight
out as few as possible, as they before the war, and solt the restriction of the usual car parks. view of the
procession,
Civil Aviation at Home appoint-, had no confidsaco in the Yen, goods, during the occupation, | All persons whoy wish, to, park Ii The - Parade will pass the ed a joint commission to ``ex But where they did pay You realised bla profts. Those whore in the Central district are advised Cenotaph (Saluting Basel at aning the various problema. com. instead of dollars they did so | property, stocks und shares worn to, use; this park,...an those, who, 10.15 han. with the Governor, nected with the construction at voluntarily,
́before --the - war, purchased on'] wish-to" travel-East or West durs | taking the Balute."
the proposed airfield, we
Oriminal Sessions · List
Jas Pago Bix
Gistmik MaEngineering. Pano,‹
tabutti Panus. Pourtwens, GA
Daddy Northampton's, pony collapse
Berkapalnek: Australia).
Today's Forecast :---Fresh - BW winds. | Chudy with Isolatedi Kght showers,
Yesterday's Weather
Maximutus 86,0 den. Fab. Minimum: 79.9 'des. Puhu Sunshine: 2.1 houru.',
Hainfall: 2.7 fam.md.jĹ 11. Total since Jan. 1-749.6 tom. 20,51, Tan, ma -oksinat an average of...138,4_min,g
23.67
Standings at .10. 4 p..
TOOL.A web.
LUCKY ESCAPE
aged-about escape at
Baro at mal. „1008.
Equali
29.77
20.89 Inches.
195.
154
30
#3 dem. P
BW
#W
22
1k knots.
Time
HL
0710
5.6
1356 2.8
Wind Direklut..
|Low
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