Brayshaw Furnaces
ENGINEERING EQUIPMENT CO..
LTD.
HK. & SHANGHAI BANK BLDG. TEL, 27789..
10
Chinese Troops Link Up With The Vietminhese
Hanoi, Apr. 10.
Chinese troops invading northwest Indo- China were reliably reported today to have linked up with the Communist-led Vietminh forces in a twin drive into the French held country of Thai tribesmen.
Advancing southeast from Phong Tho through a steep river valley, the Chinese invader battalion contacted Ho Chi-minh's forces at Tamduong. Tamduong is 30 miles northwest of Lai Chau, pro- vincial capital of the Thai country where French troops have set up defence lines against the Chinese incursion which began on April 1.
Gaitskell's Budget Shocks
(Continued From Page 1)
000 this year and £81,000,000 in a full year,
Co-operation between the Vietminh forces and the Chinese battalion is regarded by come olæservers as strong that the latter is Communist unit.
indication
a regular
French Army Headquarters in Hanoi continues to insist that the entity of the battalion is sil unknown.
are
Ho
forces Chi-minh's pushing into the Thai country from their frontier basc ut Laokay. Moving west from an outpost at Chapa, southwest of The Chancellor said that on Lackay, the Vietminh scized the basis of existing taxation Binhlu and then marched 12 there would have been a budget | miles northwest to join the ary deficit in the coming year Chinese at Tomduong, of £99,000,000 and he esilmated that this would' be Increased to £150,000,000 by the changes he proposed to
to make.
At the outset of his speech Mr Galtskell warned that there must be some reduction in the nation's standard of living.
But he did not think that the country should return to rigid wage freeze.
The
wage freeze policy inklated by his predecessor, Sir Stafford Cripps, together with voluntary limitnion of profits, check inflation,)
to
In recent months the Govern- ment and the trade unions have relaxed this policy considerably).
TROOPS SPOTTED
A French military spokesmon said that a French segut plane, Monday spolled the Chinese troops in both Phong Tho and Binhlu.
The aerial reconnaissance i report meant that the Chinese had continued their march from
Phong Tho to Binhlu, which is about 35 miles from Bannam- cuong where they crossed the
border.
Like
other Thal country towns, Binhlu is little more than a
While the Government had toes.
lim expenditure, Mr Gaitskell said, it was possible to go too far |
employment and austerity.
Sha
but it is the fourth Thei that the Chinese have
towns as Binhlu and Tho are defended only by
the other way. Too severe a pro-French Thai tribesmen, the budget might mean losses,
French base is at Lal French paratroopers and He said that there were thros Moroccans airlifted into Lal Chau outstanding features in the to meet the Chinese threat have economie situation-the massive advanced about 20 miles north of defence programme, the rise in Lai Chau secking contact with import prices above the prices the invaders.Assocleted Press. gained for exports, and the world material shortage,
Britain's object in this situa- tion is i
is to carry through the de- fence
programme
swiftly and as smoothly as possible and to maintain a sufficient
level of-exports-to-pay for current. import needs.
ឆន
£1,-
of
MIAM, AWNED. Mare
CHINA MAIL
Established 1843
THE CHINA MAIL,
WEDNESDAY, APRIL 11, 1951.
Admiral Andrewes On Hike In Japan
Vice-Admiral Sir William Andrewes, who has just relinquished command as Flag Officer 5th Cruiser Squadron and Second in Command, Far East Station, with some of his officers out on a last walk over his favourite hills in Japan before On left is Cdr G. Stanning, the Admiral's Secretary, and on right is coming away.
Cdr C. E. Carven, Fleet Aviation Officer.
Well-Known Shanghai Building
Of Civil Court Subject
Action In Hongkong
The Hardoon Building, situated at the corner of Honan Road and Nanking Road in Shanghai, formed the subject of an action before the Chief Justice, Sir Gerard Howe, in the Supreme Court this morning.
Plaintiff in the action claims that by an agreement between him and He now defendant, defendant had sold the property to him for HK$65,000. seeks a declaration from the Court that the defendant had agreed to sell the property to him,
to make
the
Defendant whilst admitting he signed certain documents, denies that they tonight, the Conservative Op- position leader, Mr
constituted or were intended by the plaintiff or himself to constitute a sale or agree- Winston
ment for sale. Churchill, said that the "dork shadow" of the aftermath Plaintiff is Jen Das Chen, of 28 rad juniediction devaluation of the Pound stili Repulse Bay Road, and he is declaration sought. hung over Britain,
Hon. Leo represented by the "Much of the life energy dC, and Mr Brook said that there was very little
On the
Brst issue, Counsel Mr Galtskell said that
our 490,000,000 would go on defence island, over-strained when A. Bernacchi, on the instruc-law which it was necessary to the war ended, has been drain- tions of Mr M.A. da Silva. bring to his Lordship's atten- ed away from this cause and
Defendant is David George tion because in fact, in ques- alse from food, raw
unrequited exports Hardoon, of 43, Repulse Baytions of this kind, the matter
expenditure", he Road. and Invish goods
Mr John McNeill, KC, was one of fact, and it was for by Mr D.H, Blake, the Court to decide what was instructed (Mr Churchill was referring of Micssrs Wilkinson and Grist, the intention of the parties to British exports paii for hy is appearing on his behalf. when they entered Into the Stering balances held by same The statement of claim states particular agreement.
inter alia:
more
this year, £080,000,000 than last year.
of Stockpiling materials and
scarce would take un £143,000,000.
The Chancellor estimated that
1
Fuld.
countrica in London, The balances ore wartime credits for goods and services given to of
British armies in the countries concerned).
By an agreement in writing dated February 28, 1950, entered
to in
1 Hongkong and signed by
Counsel, after, citing from an authority, submitted that in the case of a mortgage the right to
AGREEMENT DRAFTED
Од
Sports Pause
DRINK
Coca-Cola
Wharf And Godown Company
Show A Record Profit:
923 Vessels Handled During Year
The Hongkong and Kowloon Wharf and Godown Company, Ltd., during the past year realised a profit of $3,250,018.22, constituting a record in the history of the company, it was announced by the Hon. D. F. Landale, Chairman of the Board of Directors, at the Ordinary Yearly Meeting this morning,
Mr-Landale said that in the course of the year, the company handled 923 vessels which discharged a total of 1,010,157 tons of cargo, an increase of 44 ships and 136,667 tons over the figures for 1949.
JS.C. Neel. The appointment
to
The Report and Statement of quarters for our European Staff | present day replacement costo, Accounts as presented by the I am glad to say that all our while the dividend policy fol Chairman was seconded by Mr Staff are now satisfactorily oc- lowed by the Directors gives the proprietors a fair propor- commodated. of Mr.A. W. Hay-Edie, Mr
Before turning to the actual tion of the year's increased Stroobash and Mr J.H. Hamm Accounts I would refer briefly profits and does not sacrifice to the Board of Directors was to the
shareholders announcements which today's
to- proposed by Mr. J. L. Marden have appeared in the Press with morrow's. and seconded by Mr J. Moodle, regard to the proposals for a
Those ou us s who use the The retirement In rotation of
facilities in the Hon. Sir Man-kam Lo, CBE ger between your Company Company's
and the China Provident Loan
course of
our business have and Mr A. H. Penn, was con- & Mortgage Company,
there has Limited, beon gratifled that firmed on the proposition of When we were approached by been no increase in charges to Mr G. Norman Sc
seconded by that Company with the proposal customers-notwithstanding the Mr Wong Sik-kuen.
to discuss such a merger there rising costs of operation, the The re-election of Messrs. Pent seemed common ground for be- burden of which has so far Marwick, Mitchell
and Co. as lief that a satisfactory arrange sallon and an expanding tura- reboen bome by efficient organ!- Audkors was proposed by Mr ment would be reached: unfor- A. N. Mackenzie and seconded tunately, in the
course of the over.
On behalf of shareholders I by Mr C. Ingledow,
negotiation it became apparent In his Speech, Mr Landale that no agreement satisfactory would like to associate myself suild:
to both parties would be likely have made regarding the Com
which you with the remarks As stated
in the report, the to materiallec, and, as stated pany's able management financial results
and for the year the Press on the 4th of
this constituto record in the his-month, the
the loyal co-operation of negotiations were
staff and to thank
those who have contributed to the
consi
.
لله
its.
tory of the Company, and I am terminated glad to say that this result has Turning now to the Accounts, been achieved without any in- you will note that the Balance past year's successful working. crease whatever in our scale of of Working Account exceeds charges. Despite considerable that of 1949 by $742,000, an in- increases in labour and operat-
**** [crease of ing costs, our storage rates to-
have company. day remain at the level intro- for the
cargo
nearly
20%, which an constitutes a record
this fact, I think you will agree
ce portion with the additions to
60
tain types
of
no
ALLOCATIONS
our
Mail Notices
Registered articles and parcel maila cións one hour earlier than the ordinary mail. When malis. close of Sundays or before 10 am. on any other day, register. ed articles and parcel mails close at 5 p.in. on the previous day, Malls are closed at Kowloon Port Oftes one hour earlier than the 4.P.0. closing times.
WEDNESDAY, APRIL 11 Dy Alr Siam, India, Pakistan, Middle East..
Afrien, Europe 6 p.m., via 8.0.A.C..
lt that at Yu Men/Tak Shing.
I warned
Indo-Ching, 5 pim, via Air France. Formosa, p.m., via HX. Airways.. Japan, Koren, 8 p.m., via 3.0.A.C..
By Surface Macao, a.m., 4.30 p.m. via s/n Japan. 8 p.m., vin / Yochow.
THURSDAY, APHUL 13 By Air Biam, Malaya, Indonesia, p.m... via C.P.A.
Indo-China, France, French North and West Africa. 5 p.m., vis Air- France.
via n/a
By Surface Madas, 8 a.m., 4.30p.m. Tu Men/Tak Shing.
China, Peoples Republie, 9.30 a.m... train via Canton.
India, 10a.m., vid.s/s 2. Sang. Burma. 2 p.m., via 1/1 Kution,
Madagascar, Mau•
Radio Hongkong
HIT
duced in 1945, while no altera- In the Profit and Loss Ac- tion
has been made in our count there is little that calls handling charges since for special comment. Deprecia- December, 1248. In view of tion has increased in due pro- that the satisfactory results now bur Fixed Assets: Property Tox before you reflect great credit is also up, and this is accounted on the Staff, who have met all for partly by the increase in difficulties during the year and the rate of tax and partly by worked cheerfully and well
the fact that, under the terms of the Company's interests. I am the new Pier Leases, with effect sure that you would wish to from 1st January, 1950 we now associate yourselves with the pay rates in respect of Board's appreciation
of their wharves. efforts.
The Balance carried down to In the course of the year we the Appropriation Account is handled 923 vessels which dis- $3,250,018.22 which is $482,004.- charged a tatel of 1,010,157 00 up on the 1949 Agure; the toms of cargo, an increase of total available for appropriation 44 ships and 186.667 bons over is $3,000,039.28. the figures for 1949. As a re- sult of the American Embargo, You will the number of vessels handled our during the first months of this shareholders that the provision year has declined, but tonnages made for Corporation Profits thr have, remained at a Tax would not be adequate, satisfactory
level,
due to the increase in the rate STORAGE SPACE
of tax which was proposed by The congestion in storage space Government after the 1949 Ac- which prevailed throughout the counts were closed; the alloca
make good still don
necessary to The price was finally reduced Colony during 1949 was
and provide for by defendant to US$10,000 and apparent at the beginning of the the deficiency
assessmer.in, 1931/52. purchase was discussed. It was it was possible to lift there or commended by your Board are:ritius, Last and Bouth Africa, India,. the question of an option for re-year under review, but in-May-
The restric
further allocations agreed that the option should be tions imposed on import of
dividend of $12.00 per share, Middle East and Europe, & p.m. via for four months.
cargo. The position a
sition free of t
M/s Corfu. $2,100,000; transfer to I tax further improved during Juno and July, and was eased con- General Reserve of $500,000; bo carried forward the following day, de-siderably in August when Gov- { these absorb $3,173,971.84; and fendant came to plaintiff's office
completed construction leave to and drafted an agreement and of their own Godowna for the $522,907.44.
The Balance Sheet is, I think, tax revenue on the existing
aption and both parties agreed storage of Rice. By September, self-explanatory and requires · 5.00, "Programme Summary: 6,53, basis would bring in £3,877,
to their wording.
Curadren's story: "People of The elaboration. 000,000 in the coming year.
The docu-um round of cargo was pro
Fast" "Retreat From Mocow" The On this basis there would be
expenditure during the (HSCT); D.B.C. Broadcast For ments were typed out in plain-ceeding satisfactorily, and there. tiff's
has been no serious congestion. Plaintiff since.
year on fixed assets was over School; 6.20, B.B.C. Theatre Orch budget deelt
outer. office. this year
insisted that the £90,000,000.
purchase price 'Our launch Gaitskell,
and lighter fleet $2,080,000.00, tire main items extra: 6.30, Songe Of The South the defendant, defendant sold to redeem was of indefinite dura should be stated in the docu-
Ligen Mr
Quintet (Studio): 7.06, whe became
tion whereas in the case of a Chancellor
bip" Variety Requests when Sir Stafford In a short sprech, Mr Chur- the plaintiff the Hardoon Build sale one was bound by the op- wrote
whereupon
defendant was again well employed and buing staff quarters and godown By Peter Dawson: 6.40, The Hendy 400.00 and No. 4 Wharf $338 studio); 8.00, World News and Fruline Bpence Cripps retired owing to chill declared that under So-ing, shuate at the corner of
repairs have boen break-down in health, was pre- cialist rule Britairs had fallen Honan Road and Nanking Road, was his submission, said he, which bonita necessary to come of our older standing at the end of the year bit, Reclu
parties Extensive
400.00, The Commitments out- News Analyds (London Relay}; It
Isobel Balle. (50- senting his first budget in con- from the position she held at the Shanghal, for the sum of Mr d'Almada, that the terms of of US$10,000 which
and this year it will be lighters,
Ferrier. ditions which
(Con- comprise reconstruction of were generally end of the war in almost every HK$65,000.
necessary to embark on a plan of No. Wherd and a now mit prano) Kathleen
tralto); 8.30, "Take It. From Here", admitted to be unfavourable for sphere of activity and reputa-
the agreement and the option The
MAY | Win Joy Michels, Dick Bentley and to an were consistent only with The sale was subject
ned replacement programme to 5-ton crane, which is on order.
Jimmy Edwards (BBCTA); 01.00. popular appeal.
tion at home and abroad,
opiton in
in which defendant may Opening the debate
the
one "From. The -Editorials" (London Re- During the year nearly on the
The debate will continue to re-purchase from the pinintinsale of the property by the
hein the condition ..
Tay Recorded): 0.10. Weather Re- budget in the House of Commons inorrow--Reuler,
of unfairness, all defendant to the plaintiff. The question
and increase the number of
ermillion dollars was inverted
port: 0.11, "Bervices Spot Light. the property for the same sum of HK$05,000, and valid until could not be clearer
language in those documents would say, said Counsel, would craft. Four new lighters were shares, and despite capital expen-
and
"By The Band Of The 1st Bouth on that be that there was no question added during the past year,
diture of
$2,000,000.00 our cash Staffords *' (Haley From June, 30, 1950.
NAA.FI Club, Kowloon); 940, point.
at present the flect consists of 27 position was extremely sound at Wednesday Night Theatre 20 of any, special relationship at Defendant did not exercise the
and two Chartered the end of the year and has beth By Wiliam “PLAINTIFF'S › CABE
no Lighters option.
of substantially being
Improved since (3BCTS) With Stephez Murra
Flora Robean and Leon Quarter ba upon defendant, · Oa' that the defendant had agreed ing with the second due
tion of adequacy
Our or otherwise pre-war strength of 120 Ughters
General Reserve with maine. Acts 1-4 and 5: 11.00, Radio
New Reel (London Relay 1155). to sell to the plaintiff the Har-thought it might be convenient
of just under the addition of the Appropria "Goodnight Music 112, Weather which with a capacliy the Court some idea of of the purchase
was one tho
of the
relied
tions now recommended stands Report. God Save The King: 1136, tons. 9,000 comings and outgoings in res-
to call
work pro- at the Rehabilitation
satisfactory figure of Clore Downs. on by the Defence that ques pect thereof; payment on such
Plaintif would
say, Mr tion had to decided in the the
gressed satisfactorily during the five million dollars,
The total
of the conveyance of accounts;
d'Aknada continued, that he was light of the circumstances on year. A further godown with a
Accounta property; ancillary and further a man of some wealth, who the date of the agreement and capacity of 7,000 bom Was Payable is greater than last other relief.
formerly lived in Shanghai and not in the light of after events, erected on our Laichikok pro year but includes $315,000.00 The statement of
defence came to Hongkong in 1940 when Mr. d'Almada submitted.
Our perly.
now No. 4 Whart due he went into business. In states inter alls::
Defendant admits signing two he met defendant in
Hongkong
Plaintiffs case would be that was completed and handed over documents, but denies that they and in November of he was very doubtful as to the to us in April, and the first ship finalised until early this year: morning. She was arroned in constituted or were intended by was approached by defendant outcome of things in Shanghai was berthed at this Wharf on the balance is due on normal Taipo Road yesterday while
valking in the 21st
middle of the MAY the plaintiff or the defendant
The major current liablilty is rod paring no attention to. plaintiff, was
raising the constitute a sale or agreement Interested in buying or leading was prepared to take a chance. of the
the proposed dividend for the motor traffic. an added Counsel submitted that the level as
precaution for sale of the property subject money on mortgage on the pro-mum of HK 05,000 could not be agaiability of this whart per your fuil approval.
which, I trust has typhoon seas.
Year 1950 to the cption alleged by perty concerted.
regarded as an inadequate purmitted us to close No. 5 and I now propose that the Rey plainug
Plaintiff, dolé defendant that chase price.
proceed
and port and the Statement of
Ac Defendant never gold or agreed he was not interested in lending
Mr d'Almada said there was necesaltated by counts for the year, ended sist to sell the property to plaintiff money on mortgage on the pro-
1080, with the re-. Defendant did not receive perty and as a matter of interest no question of surprise, wrong bomb damage and the further December HK$85,000 as alleged, but only inquired of the price defendant advice, or of advantage taken incidental damage occasioned commended Appropriations in- wanted for it, and was told of the defendant, and in hie by the heavy equipment of the
of the corporated therein including HK$27,500, / *** US$60,000. The price did not submission, nothing which could relieving forces in 1945, The Dividend of $12.00 per, there
internet plaintiff and the matter Induce the Court to set aside the total repairs
being from of lax, bo adopted. as unfair, agreement an dropped.
carried out in plaaned annual SECONDER'S REMARES Plainti
On the question of jurisdic stages, and the Brat alago la now. In. would say that some tion, this was an issue which almost completed.
In seponding, the Chairman's
Mit Noel 'said: waka Speech Later defendant came
The Repory" - ad Accounts pro his learned friend would deal. In the course of the year we for: US$25,000. Fisintin with in his, arguments, Mr made further additions to our a word it really reduced itself again said he was not interested d'Almada concluded.
SIDE GLANCES
a
By Galbraith
"I'd better stert George home...he has fië.
Plaintiff claims a declaration
ment,
words
"Received has been kept in good condition. / $1,585,800.00) now Ughters $448,- | "Lucky BY
sum was
籍
handed to defendant then.
On -the second
Issue, the
..of
77
Counsel said that before deals of pressure, the ques-just under 8,000 tons, against our 'that date
between the partit Lighters, with a total capacity of
doon Bulding; accounts of in 10% widense which he proposed |
*SALE OE' MORTGAGE? - Mr d'Almada told the Court mt the action armid out of' à transaction
who asked
As
between plaintiff | weekntered to sell the pro
and defendant which took place again
on February 28 last year and in party
to whether that transaction was
After rejection of yet another offer, defendant saw plaintiff the
on
Profits
The
Shakespeare
Jay Walker Fined
Chan Kan, a 20-year-old 'giri account of 1950/81 was fined $10 for Jay-walking Tax which was not by Me Winter at Kowloon this
the
but at the price agreed upon how the work of com recurrent.expenditure.
with
are
The
Hearing is proceeding.
Improsatvo
ง
oplam divan
enet
tho
A
INTELLIGENCE TEST; SOLUTION A
I OBEZIN DACE 10 per cent fester than he want, wo bis outward journey took him 24 hours. W% Tourney took four hours.
bo when they trat met W haa. covered) 3.4/9of the distance
14- W had bean walking for 14 nursing Of Ske
Min London Express Neroles?'
“Check Your Knowledge-
Answer
A professional dancing girl: Meeting in India. 2: Gomer's "OdysDAY”..." mechanical equipment, which
Anancial 8. Aamall pipe for smoking to
feature is that thite- te all'in,
bacco, Tig chief de in, Grst close cordiilop and state has
operated, paliktactovit The
will, sinoke Is made to pass through re a sale or a mosche pleadings day, before the transaction and
the year,
water 41 The Java Ben, 57AAN After ounsel said that maked the US$10,000, aying that For keeping
throughout
| busknebe", of, LOTAFF FLATH to the Courty -
Hiquid mirage frequently seen in the on thooo pleadings.
there werd friend
willing to pay in an unnumbered List in Shek The second block of modern source to take care of Attire Straits of Mesainn. 6. From the throo issubs before Lordably. US$17,000, but that the Prospec Kip Meiving, But Tang 23, fats for our Chinery Starry con espabesion mod of the thalne city of Damascus where the Thoy" were: .../ (1) whether the Live buyer, was not then ing the unemployed, was fined $500 by structed on out astley Road fepaure, of our fixed skvote, at material was made originalty: need Mr Win át Kowloon this property to replace the, dilaple ***.
Printed and publish
transaction was ale, cu moner to paster on, the morning,
Colons Defendant wald be
was it wituitar control, and and other properties by: guang- (3) whether the Buprene Courel hal-04
addlet - was fred Pieled and occupied in July, und and
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