CO129-520-1 Chinese situations 20-12-1929 - 27-1-1931 — Page 38

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troops stationed at Ping Hoi for the purpose of pirate

suppression has mutinied and destroyed the wireless

station there, and that a Chinese gunboat has been

ordered to the place to deal with the situation.

Communication with the wireless station in Bias Bay failed

from 3 p.m. on the 13th March, 1930, to 3 p.m. on the 18th

March, 1930, but has been maintained since the latter date.

8. The Chinese New Year settlement passed off

satisfactorily on the whole.

It is difficult to

The

isolate the effect on Hong Kong trade of the phenomenal

fall in the value of silver, since the general trade

depression is inevitably bound up with the uncertainty of

political conditions in the neighbouring provinces.

favourable influence of a low exchange on the export

business, which might be expected, has not at present had

time to reveal itself, in view of the counteracting

influence of the unfavourable political situation.

9.

The Chinese characters for the names in this

despatch are given on a separate sheet.

despatch

I have the honour to be,

My Lord,

Your Lordship's most obedient, humble servant,

Wo. D. Sauthor.

Officer Administering the Government.