1920-04-21 — Page 5

Page

[THE

BRITISH BUDGET:

INCREASE - IN IN

POSTAL RATES:

NEW DUTIES ON WINES. SPIRITS

AND CIGARS.

· EFFORT TO REDUCE DEBT.

AIR MINISTRY ORGANISING

COMPETITION:

FOR TESTING POWERS OF MACHINES.

LATEST CABLES.

{THROUGH LEUTER'S AGENÖT.] BRITISH BUDGET,

TANGIBLE REDUCTION IN NATIONAL DEBT.

LONDON, April 19th, The Budget for 1920-21 contains the following striking features:

(a) The rate of postage for letters," 3:

HONGKONG DAILY PRESS, WEDNESDAT, “ÁPEIL

It was estimatsch that the revenue on the existing basis of taxation would be

the. £1,341,500,000 and

expenditure £1,177,300,000, leaving £161,000,000 for the reduction of the Debt. This was insuffici

rit. He would call on the country for generous efforts to improve the credit and lighten the future burden,

PROBLEM OF WORLD'S CREDIT.

'LEAGUE OF NATION'S FIRST CALL.

LONDON, April 19th,

The International Financial Conference will be bold in Brussels at the end of Mari,

↑

LATEST CABLES...

1920).

LATEST CABLES.

THE SAN REMÒ CONFERENCE THE SITUATION IN GERMANY

TURNISH TREATY READY.

Sax Remo, April 19th...

å rammunerne issued bere statos than the ce Treaty with Turkey was discussed. was decided to summon Turkish dele gates To Paris to receive the text of the

The" Council of the League of Nations has invited twenty-five countries, includ ing Australia, Canada, India, Japan, New Zealand and South Africa, to parti-Treaty on May 10th cipate in the conference which is the result. of the representations of the lending Bankers last January to their respective Governments requesting that a meeting be convened to examine the earious world situation.

NARLIER CABLES. IMPORTANT MATTERS FOR CONSIDERATION.

SAN Ro,, April 17th. The French are of opinion that the most important matters for the consideration of the Conference are the position of Germany and the Turkish Trenty.

TO PREVENT RESTORATION OF THE HOHENZOLLERNS.

LONDON, April 19th.

In the House of Commons, Mr. Ken. worthy asked whether Lord Kilmarnock's warning to termony to the effect that foodstutis and raw material will be pro- vented from entering the country in the sent of the establishment of a Communist overnment would similarly be applied to prevent the restoration of the Hohen- aoileras and the establishment of a mili

ary dictatorship in Germany...

Mr. Bonar Law replied that the state med's covered violation from any quarter.

Two official replies were made to them. One by the Chancellor of the Exchequer,

CUSTODY OF EX-KAISER. who expressed ibe willingness of the British Government to attend the confer In regard to the latter, the drafts pre- Replying to Mr. Grattan Doyle, Mr. ence on condition that it was anderstood part in Londen must now be approved Boxar Law said that the Netherlands that the Treasury would not participate by the heads of the Governments. It is

Government had undertaken all respons Government loans, and the second by the after which the Turkish delegation will in any scheme involving farther large hoped this will be finished in two sittings,bility for the safe custody of the a-ha- ser's person, the control of his corres- American Secretary of Finance, who be invited to Paris, where the Treaty will pondence and his relation with the out- pointed out that the American Govern-be finally signed.

side world. They, therefore, assigned him ment was apposed to further. Government

a residence within the province of Utrecht. Mr. Chamberlain admitted that the ex. in the conference, but was willing that the assistance and was unable to participate

The allies, unsuccessiuly, endeavoured to induce the Netherlands to take sacr it was not proposed to use force.

EARLIER -CA BLES.

ounces in weight, has been fixed at 9penditure on Supply Services was formid-1 Chamber of Commerce designate repre

with Id. for each additional ounce;

(b) The minimum rate for telegrams (12 words or less) is 18.5′′

(c): The rate of postage for now. papers, 6 vances in weight, is id

It is estimated that these changes in the rates of postage, and telegrams will increase by £6,500,000 the revenue from the Post Office.

able, but the Supply Expenditure for 1919-1920 represented a reduction of nearly 60 per cent, as compared with the previous year, and the Supply Services capendi ture for the current year shows a further riinction of 35 per cent on last year. The Supply Services amounted to £758,000,000, to which must be added £20,000,000, partly to cover the extra cost of unemployment and of an agreement with Australia and New Zealand as re- gards the island Norden, but mainly to provide further war bonuses in the public services.. He just allow for applying £100,000,000, of the surplus of £184,000,000,

sentatives to attend unofficially.

The Council is emphasising that this is the first occasion that so many, members of the League have been convoked, benco the conference, while unofficial, will be largely League itself. It is pointed out that the in the character of an assembly of the above-mentioned communications from the British and American Treasuries indicate that direct Government loans will play the most subordinate part in the financial eneo will mainly musice, si the confer quired to enable credit again to flow in the ordinary, channels.

ITALY INVITES AMERICA.

WASHINGTON, April 18th. Italy has invited, the United States to end representative to the San Remo Conference.

TURKISH TREATY TO BE TAKEN FIRST.

**SAN REMO, April 13th.

An official communique says that Signor Nitti, Signor Ecialoja, Mr. Lloyd George, Lord Curzon, M. Millerand, and M. Berthelot met at the Villa Devachan this Europe, and decided that the Turkish Treaty, shall be the busbars at the first business meeting of the Conference on April-19th.

UNREST IN IRELAND. " "MOUNTJOY PRISONERS' PAROLE

BRITAIN AND FRANCE, MUST MARCH TOGETHER IN THE FUTURE.

action.

#

|

LATEST CABLES.

MEXICO.

WASHINGTON, April 17th. Mexico asked the United States for por mission to move troops into American territory in order to attack Sonera from the North

EARLIER CABLES.

USA POSTOFFICE ESTIMATES MAMMOTH VOTE PASSED BY THE HOUSE,

WASHINGTON, Aprit 17th.' The House of Representatives adopted record Post Office Estimates tounting to 8419,300,000, including 81,250,000 for the establishment of an air mail route from New York to San Francisco.

-

RAILWAY STRIKE IN AMERICA STRIKERS MAKE FIRST OVER- TURES FOR PEACE

NEW YORK, April 18th. first overtures for peace. Mr. McHugh,

The Railway strikers, have made their

stated that the strikers wished to avail Chairman of the Strikers' Committen, themselves of the opportunity provided by the Railroad Labour Board to consider their grievances, but they would not re sume without a substantial wage increase. The Attorney-General, Mr. Mitchell Pal mer, has published evidènes in which were confected with last year's steel, strike and are directing the railway strike with the object of disrupting the Railway Brotherhoods and organising one big Union-

THE RUHE CRISIS. GERMAN TROOPS TO LEAVE BY there are indientions that the Radicals

ArRIL 24TH.

ZURICH, April 15th. that the German Government has ordered A German semi-umcul statement says the evacuation of the Huhr Region by April 24th.

PARIS, April 18th

The

BRITISH STEAMER IN DISTRESS.

(2) The duty on spirits has been raised to 128. ., per bottle, and on retail beer by id. & pint;

wina (e) The duty on

has been doubled, and the duty on sparkling wines will be 6 per cent. ad valorem, Thure will be a preferential rebate of to the reduction of debt in other forms Mountjoy prison, the following statement the question of relationship with France the Berlin Cabines that the Allies would obliged to abandon her owing to the wea

one-third of the duty on sparkling wines produced within the Empire.

(There is an additional ad valorem duty of 50 per cent, on imported cigars --with a preferential rebate of one-third of the duty on cigara imported from the Dominions and from India

(a) The standard rate of income-tax (6. in £1) is unchanged, but a Bill will be introduced carrying ous the recon mendations of the Income Tax Com Tission

before they could attack the Floating

Debt

It was estimated that the loss on the Post Office would be £11,000,000,

In addition to the increases previously cabled. Mr. Chamberlain said that pro posals in respect of telephone charges will be submitted to a Select Committee.

The rates on postcards and printed papers would be raised after the Inter national Congress bad fixed the foreign rate, but it is likely that postcards' rato will be lid and the rate for printed papers in proportion.

The Petrol far will be superseded by a license duty on rotor vehicles, bus this will not be enforceable till January. Therefore, the existing motor car, taxes tinued till December 31st.'

LONDON, April 18th. In the House of Commons, replying to that, before prisoners were released from Lord Robert Cecil, Mr. Bonar Law stated

A Havas message states: The Council of the league of Nations EXPLOSION ON THE "SPEEDONIA. did not reply to the Gorman plea for con- sideration or the Buhr affair as being in

LORENZO MARQUE, April 19th the jurisdiction of the Council.

A

Portuguese Keichswehr are remaining in the neutral twenty miles east of Inhambane, the British steamer encountered, MARSEILLES, April 18th

zone, and French troops will remain in barque Speedonia on her way from docks, said that he had always approached

Mr. Lloyd George, in a speech at the occupation of the town of Mein..

The French Government will give assent

Singapore to Table Bay. There had been to the British proposal tending to zavise Portuguese vessel took her in tow, but wear an explosion board the Speedonia. The was read to each of them and it was not

who was still the hampion of the liberty not admit the institution of an insurrecther. A tug is being sent to the assistance objected to: You are being released on of the world with a feeling of sincerent tionary Government and would suppresser. A tug is bei parole to return to this prison, and we affection. He still regarded her from that the economical helping and alimentary majority of the prisoners went to hospital He paid a "tribute to her terrible trust to your honour to do so. The point of view. and a few to their own homes. The police sacrifices. It was in this spirit he was knew the whereabouts of each prisoner. going to San Remo The Irish Executive, did not think that the prisoners' parole will be broken, and past experience justified the belief

EARLIER CABLES.

FIGHTING IN LONDONERBY STREETS.

LONDON, April 18th. Club and Police Barracks at Londonersy, Mob.yesterday attacked the Soldiers

| provisions.

GERMAN SWAS BUCKLERS PUNISHED.

STARVING BUROPE. AMERICA MUST HELP.

NEW YORK, April 16th.

Franch union, which alone could secure RESULT OF THE ADION HOTEL Mr. Davidson, Chairman of the Ameri

The war had been won by a close Anglo- the fruits of victory and maintain future civiliation: The British. and the French must march together, as the best means fứn the smoothing of the difficulties of the war with the greatest frankness.

The Premier wae loudly cheered by the

The exemption limit for married men and the motor spirit duty will be con- and stoned and fired on the Police who M. Millerand, interviewed by Reuter's

will be ab income of £250 per annum, and for those unmarried an income of 2150 per annum,

The Excess Profits Duty has been in ereased to 60 per cent.

Mr. Chamberlain proposed to adopt the recommendations of the Royal Commission as regards the double income tax and con- fidently hoped that the Dominions would adopt the proposals and make the relief complete by similar action on their part But anyhow he proposed to put into operation, immediately and unconditions ally, the United Kingdom's share in the

arrangement.

Where the Dominion rate of tax did not exceed one-half of the United Kingdom rate, the relief would be complete. This would cost the Exchequer £2,000,000 yearly.

which might in future substitute the Excs Profits Tax, namely, the Corpora bon Tax of is in £1, on the profits of limited liability companies.

The Land Value Duties will be repealed as unworkable and, practically, without

duy" ravenne.

:

Keferring to Labourite interruptions, Mr. Chamberlain said that Mr. Lloyd George fully concurred with the sugges- Duty will be maintained. tions and added that the Mineral

The

great importance to the State valuation Government, however, attached of all land and buildings.

WILL

estimated to

trade were still unreasonable. Therefore, As regards spirits the profita in the the duty was increased to £3 12s. 6d, proof gallon, and increase the yield to £24,500,000 yearly barrel, producing £30,000,000 yearly. The beer daty was raised by £1 10s. Both increases would operate to-morrow.

berlaia said that only consideration for Referring to the wine duties, Mr. Cham the Allies, specially France and Portugal,

INCIDENT

can Red Cross, in a speech, urged the Government immediately to provide the BERLIN, April 17th stricken nations of Europe with the neces Price Joachim Albert has been fined Jary aid, irrespective of obligations. Ho 500 marks and Capt. Pathen 200 marks urged that America could no more escape for attempted assault, and Prince Hohen-e influence of the European situation M MILLERAND AGREES.

lohe Lanzenburg 1,000 marks for assault than she had been able to escape the war. on the French officers at the Adion Hotel..

America could not have half the world SAN REMO, April 16th.

starving and the other half eating MORE INCIDENTS.”

America must help Europe or participata came to the rescue Two hundred troops absolutely with the remarks of Mr. Lloyd A telegram from Oppein says that, the representative, declared that be agreed

PARIS, April 17th

in Europe's misery. reinforced the Police.

These also were fired on..

George at Marseilles. Anglo-French unity. population of Upper Silesia have begun, a soldier, one police-man and nine civilians to obtain the fruits of victory. He was pan-German forces there, as a sequel to a The rioting lasted for four hours. One and co-operation were necessary in order campaign to secure the mobilisation of the

are in hospital,

inre that when the different view points quarzel in a cafe, in which a French NUMEROUS CASUALTIES FEARED. of the two Allies were duly considered, soldier was shot by a German workman Britain and France would find themselves the same devoted eternal Allies as before

AN IRISH VERDICT:

the victory.

GERMANY AND THE TREATY

death of the Lord Mayor of Cork found The jury in the inquest on the tragic that the Royal Irish Constabulary bad of the British Government, and brought planned the murder with the botinivance interdict of wilful murder against MLIED ACTION TO ENFORCE Boyd George, Lord French, Mr. Tan Macpherson and others.

Hostile demonstrations against the Allies occurred at Oppeln upon the visit of the Inter-Allied Commission. Several French soldiers were assaulted and injured. Engineered disorders are feared. ANOTHER BERLIN SENSATION CONSPIRACY AGAINST THE

NAP EXECUTION.

GOVERNMENT. THE FATE OF HOME RULE.

PARIS, April 16th The Ambassadors of Belgium, and Italy

BERLIN, April, 17th--| denial from Rome, insists that the fate of Government, ociated themselves with arrest of officers and civilians found con-

The Sunday Times, in spite of the recent bat formed M. Millerand that their

A sensation has been caused by the Home Bule depends on the conference in the step taken by Britain with a view to

The officers stated that they were arrang

It was proposed to introduce a new tax prevented a previous increase but it was the Vatican to which the Irish Bishops taking, collective Allied action in Berlinerring in the Ministry of Defence.

impossible further in increase the duties have gone: It adds that the Bishops, in order to enforce the complete execution on spirite and beer and leave wine un-almost without exception, are touched. It was estimated that the wine perturbed by the terrible series of

greatly of the Treaty of Versailles. duties would produce £4,100,000 yearly murders, which are regard as deeply sub-

It was estimated that the increased agarversive to the people's morals, duties would produce £500,000 in the cur rent yearti

MR. AUSTEN CHAMBERLAIN'S

SPEECH.

LONDON, April 19th. In the House of Commons, the Chan- bellor of the Exchequer, Mr. Austen Charaberlain, in the course of his speech on the Budget proposals, said that the realisations on the Votes of Credit increased by £51,300,000, mainly owing to unexpectedly large receipt from the Ministries of Shipping and of Munitions. The Floating Debt on March 31st Was £1,318,000,000 decrease £100,000,000 as compared with last year, of The worst feature of the Floating Debt was the borrowing on Ways and Means This was the immediate cause of the in gation of credit and prices,

the

BRITISH AIRCRAFT

COMPETITION. £84,000 CASH PRIZES,

The Al Ministry announce the inau

LONDON, April 18th guration of the Ministry Aircraft Competi the best types of aircraft which are safe, tions in 1920, the objects being to ascertain comfortable and economical and for travel regulations to be framed with a view to ensuring all-round excellence.

The winning machines excelling in one The winning machines while preventing quality only, such as speed, will also be ensuring reliability and economy in flight. August 3rd.

GHASTLY MURDER AT TRALEE

LONDON, April 17th Another constable at Tralee has been shot dead. Twenty-six bullet holes were found on bis body, which was found with the hands tied at the back. The man had been blindfolded and then shot. He had served in the war.

MORE CONSTABLES ATTACKED

returning from Mass at Kilmibill, County

LONDON, April 18th, Armed men fired on three constables Clarke, killing one and wounding one. The third constable fired, killing one and BRIGADE OF CAVALRY FOR wounding three of his assailente

IRELAND

ing for the disarmament or the workers, but the civiliana declared that they were BRITISH FIRMNESS APPRE negotiating for a combination of Nationa-

CIATED,

lista and Communists with a view to con Pazis, April 17th.

certed action against the Russian Bo A Haves.message says:-- duke sheviks, k The French Press gives wide, prominence

do The Police President refused to believe to the new British attitude of firmness, that the officers were conspiring against which is hailed as a welcome return to the the Government and released them. way in which Great Britain made war.. The perit of a fresh outbreak of mili tarism, in Germany, coupled with that country's studied omission to fulfil the disarmament clauses of the Pence Trenty, is recognised us being the salient point of discussion at the San Remo conference which, it is felt could not have come at

a

more opportune moment

THE ALLIES' THREAT.

THE RUBBER INDUSTRY. WANTED A CENSUS OF ACREAGE.

DISASTER IN WOLVER-

HAMPTON,⠀

LONDON, April 17th A ball used as a billiard saloon Wolverhampton suddenly, and without warning, collapsed. The debris fell in the street. There were 120 persons in the building A number of passers-by were killed. It is feared that the loss of life was sorious,

LATER

Two were killed and fifteen were injured in the Wolverhampton disaster Ther Police are still searching among the wreckage.

OBITUARY,

PAMOUS GEOGRAPHER DEAD.

LONDON, April 17th. The death is announced of Mr. John. George Bartholomew, LLD. (Edin), F.B.G.S., F.RS.E. geographer and car tographer to the King, and head of the Edinburgh Geographical Institute

BALTIMORE, April 17th. - The death is announced of the electrical financier, Mr. Theodore N. Vail.

FAR EASTERN CABLE NEWS.

LONDON, April 16th.* ciation, which has just been issued, en- The report of the Rubber Growers' Asso

phasises the need of an accurate census of:

[BY COURTESY OF THE CHINA MAIL.^] the rubber acreage in the East. It re-

DE WU AND THE FUNDS. marks that the Governments of Ceylon PARIA, April 18th, Te Temp says that France bas assented to undertake the work, and hopes that the and Malaya apparently are not yet able

A SHANGHAI INJUNCTION. to an Inter Allied demarche to Berlin information will soon be forthcoming- proposed by Britain. The Note warna

SHANGHAI, April 21th." It is pointed out that the rubber export Germany that the Allies will not permit It is reported that a brigade of cavalry, the establishment of any insurrectionary figures from Malaya overlap, while the injunction, pending judgment by the The Supreme Court has continued the regime opposed to the execution of the Malay States' statistics include the exports Mixed Court, relative to the funds de Treaty, and declares that in the event of to the Braits and the Straits statistics in posited in the Hongkong and Shanghai the success of such a movement the Allies clude the rabber transhipped from the Bank by Dr. Wu Ting Fang will abandon their programme for the Malay States. economic rehabilitation of Germany and suspend the despatch of foodstuff

AN ULTIMATUM TO GERMANY viperaças flat as a Pakis, April 17th.

The newspapers of Paris rejoice at WASHINGTON, April 15th Britains: initiative he regarde action completed the Merchant Marine Policy Confererice at San Remo will decide on an The Senate sub-Committee has virtually against Germany, They believe that the Bill providing that all merchantmen own-ultimatum to Germany on the subject of ed by the United States Government shall the withdrawal of troops from the Ruhr well owing to the demand for prompt de

Although the revenue exceeded the penditure, he was forced, in the fyn ten days of April; to borrow £55,000,000, from the Bank of England on the Ways and Means account. Owing to the non-renewal

The competition will commence on comprising three regiments, is being of the maturing Treasury Bills to the

despatched to Ireland early this week. extent of £83,000,000, he was compelled to sections; firstly, for a small type, seating The aeroplane class is divided into two raise the Treasury Bill rate, and the Bank six, and, secondly, a large, type, seating

AMERICAN MERCHANT rate was simultaneously raised. This not less than seven-both excluding the showed the dimeulty of having an chort crew. 26, 1 oug Pluating Deb An urgent need was an effective remedy

The External Debt was £1,278,000,000, showing a reduction of £55,000,000 in the course of the year. This would be fur- ther reduced by the repayment of the Apglo-French Loan 8500,000,000. I had been decided to repay the whole loan next Autumn, without further borrowing from the United States. The effect already produced on our credit justified any mori=|

Mr. Chamberlain paid a tribute to the work of the National Savings Committee which was & form of borrowing to which

The machines and engines must be con secondary equipment the use of which will structed within the Empire, excepting be penalised by deducting marks, it minimum of two, exclusive of the crew.

The seaplane clad must accommodate a The dash prizes amint to £84,000 and are open to British subjects.

8.0.8.

HOTHAM NEWTON'S CALL

LONDON, (April 17th.

The steamer Hitlam Newton frow

nking in Longitude

ho was most ready to have recourse Ardrossan sent out an 8.08. gnal say The sale of the War Savings Certificates ing that the laet yene brought in £48,000,000, accounts 8 dégrets

ing for nearly half of the net.roduction degrees 45 West, in the National Debt

2. has been sent out

MARINE

ALL GOVERNMENT SHIPS TO BE

SOLD.

be sold to private interests during the next region and the disarmament of the ten years.

GREAT BRITAIN AND THE

SOVIET

A REQUEST TO MOSCOW.

Pizia, April 18th

rth and Latitude 13 Ze Temur learns that Britain has re A fast British destroyer quested Miscos to grant an armistice and

an anester to the Desikinita

Beichwehr

KAPP ARRESTED AT STOCKHOLM.

THE SILVER MARKET

MONTAGU AND CO/S LATEST

REPORT

April 15th says that the tendency in down

LONDON, April 16th:

ward. The cash price has kept up fairly Messrs. Montagu & Co.'s report dated

livery on Rocount of the Indian bazzars

THROUGH REUTERSOY ROME TO TOKYO PLIGHT

BANGOOS, April 14th. Lient. Ferrarin, on-her way to Tokio left this morning for Bangkok.

ROME-TO-TOKYO FLIGHT

Roux, April 7th.

A mesage from Baghdad of April 13th

www dad, slowhere, but the news from China Bay that the aeroplane piloted by Ran

is not promising, and considerabin silver, and flying to Tokyo left for Bar representing contracts shortly falling due, The machine piloted by Farrarin will be placed on the market, and zoving arrived at Bangkok.

to the dull outlook, these have not been AN IRREGULAR PASSPORT.replaced by fresh forward contracts. The continent continues to sell somewhat free STOCKHOLM, April 17thly Unles China is prepared to sell for Germany has been arrested at Stockholm ence between cash and forward quotations Ir von Kapp who flew to Sweden from for forward delivery the present differ wing to an irregular passport toms unduly large.

NEW MEDHUEST COLLEGE

APPOINTMENTARS

LONDON, ABDI 17E. The Rev. H. Bunce has been appointel

Madhura Colle