1923-05-17 — Page 4

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AHEAD OF THE MAIL

[FROM INDIAN PAPERS.!

GOVERNMENT'S HOUSING BILLA

Losnos, April 24th. Mr. Noville Chamberlain introduced in

17TH, 1923

FARL CARNARVON'S FUNERAL.

LONDON, April 30th.

Only a 'fow of the closest relatives of Lord Carnarvon were present at his funeral today at the top of Beacon Hill) in Hampshire, a thousand feet above Bea level. The graye was dug in deep, chalk, A simple service was held at Highclere Park, after which the coffin was conveyed in a motor Ascending the gradients, a point was reached near the summit when a motor tractor was neessary in order to complete the journey up the steep slope Tupy the top. At the same time a memorial service was conducted at St. Margaret's Westminster. by the Dean of "West- minster. There was a large congregation,

the House of Commons today, the Govern ment Housing Bill which empowers the ministry of health to contribute not more than 3 annually for more than twenty: years for each one or two storied house or fat provided by the local authorities. "and also to contribute towards the cost of rehousing schemes of local authorities up to half the usual loss on such sehemes The measure is to be retrospective for fifteen months. Mr. Chamberlain · point- ed out

al that, of 215,000 houses

assistance ready provided by State 181,000 were required to meet the normal growth of population, leaving only for roluction

of shortage. Private which

was again beginning to function had built upwards of 12,000 houses in the past six months and 16,000 more being erected. Still there repmined a considerable margin which it would be impossibl

EMPIRE WIRELESS.

RUBBER POSITION.

BIG EXPORTS ALARMS LONDON MARKET,

The Stratte one of May 10th says:-- A London cable message received this morning ys1/14 market collapse: future depends on amount of shipments."

The statement issued by the Imports: and Exports Office and printed in today's issue shows the following: --

Contal f

100 ..

Total exports of rubber during four months cufing. April,

•1923

......

12.023,703 Do. same period of 1999.. .1.0.162

Inerrase re

307,240 Cospos, May get. The Postmaster Ceneral has m

The above figures include re-exports of statement to the Morning Post, in the culler received from Dutch Indies, et course of which be donies that the post There has been a' very great increase of office is responsible for dilatory action with the

private enterprise to cover. Therefore fregard to Empire wireless communication!

and says that orders have not bee pinced for masts of $20 feet in height for a super-Į

station

I to choose between ignoring the shortage of houses or initiating a new scheme of Staleation which will communicate direct

with the Dominious. The subsitly to tile over the interval until the re

will he wond to none in the

world and quisite number of inuses could be built with

construction work will be proceeded with out State assistance. Local authorities were

quickly as possible. The Government satisfied with the proposes subsidy and it was for them to carry out the building pro-

is actively considering Messrs...... Marconi | Company's proposals "for" an alternativo gramme very speedily.

route in connection with the Cabinet's recent decision, to permit private enter- prian to fully participat» iu Imperial'and international wireless work,

17

GOVERNMENT'S WIRELESS

POLICY

Dealing with the criticism that the high power station in Caire is not paying its own way, the Fastinaster-tieneral says that can never be expected as long the station is confined practically to Anglo-Egyptian traffic. It is intended for communication with places beyond Egypt and arrange ments will be made shortly to communi

ate with Mesopotamia, the Soudan and Adon and it will then prave very East.

Laspos, April 24th.. In the House of Commons today, Mr. Percy Hurd asked why it was proposed to spend a further large sun of public money on an additional highpower wireless station in view of the fact that the Covertimenti wireless stations in Lentiel, Cairo, and Noe- tholt were costing £91,730 per annum whilst the revenue from them was at the rate of only £48,750: Iable portio per annum, of whicha consider valuable link in communication with the

WAN not commercial revenue but credit representing a charge for send- Government mesangen. "Ar. Stanley Baldwin, in reply, merely referred to the Premier's statement m March 5th

paper

[Note-Da March 5th, in reply to a ques- tion in the House of Commons asking for enunciation of Government's wireless policy Mr. Bonar Law states that the

hari

been reviewed by the Imperial Ctions Committee un

In a leading article the Post hails this as a satisfactory statement and stresses the fact that the problem of our Empire is on of commünigations.

DOCTRINE OF FORCE

STRONG ARTICLE BY MUSSOLINI.

Centale of 100 lbs.

Imports four mutthe ending

April, 1923

Do. same period of 1892.

Increase 1931) ......... The actua inercase of experts of rubber produced in Mality is

Agreeing with gross total ing

Creises as above

ASK FOR

P. D. WHISKY

178.877

Iv You ke x CONNOISSEUR.

OBTAINABLE EVERYWHERE : H. RUTTONJEE & SUN..

217,457

440-7293 |

307240

In view of the fact that a number of the large British owned estates in the Dutch Indies are voluntarily adhering to the Stevenson scale, the increase of inv ports cannot be explained by legitimate įbusiness. Pat in a terse and familiar form the facts are: That in the four aphthending April there has been ex ported from Malayan perts 17,73 tons more rubber han in the same period of 1022, And we are supposed to be restrict

ing

One of the leading firms of Rubber Dealers informed our representative this morning that the present panic in the

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rubber markets of the world has been principally caused by the exceedingly heavy shipments from the East, which have excited by a considerable weight | the expected shipments under the Restric

tion Scheme. Sp:culators in the London market having taken an adverse view of the market have been underselling. This has been followed by further heavy selling CAPITAL CONTRIBUTED BY THE Kup. The in the Singapore market by "sale bulls,"

CHINESE GOVERNMENT Rose, April 2nd.

and as far as can be seen the priers now/ RESERVE FUND Signor Mussolini contributes a remark-ruling are not justified by the situation. able article to the new paper Gerarchia. The latest cable from London from one The Fascist leader has no use for Libern-of the leading brokers states that the

of the Admiralty and its recomenda- tions. Ind heen approved by the Gov. ernment. It was not considered dicessary any longer to exclude o private enterprise from participation in wireless communication with the Empire. He also stated that at the same time Government has decidedlism, which, he says, belongs to the nine-market has been demoralised by specu that it was necessary in the interest of trench century, not to the twentieth national security that there should be a Britain capable of wireless station in communicating with the souninions which was willy owned and operated by the State.]

TATA`INDUSTRIAL BANK.

lators solling, but that a lower range of that one

In Russia and Italy it has been shown prices is not expected. munism, and Fascismo have nothing to do en govern without it. Com- with Liberalism. Liberalism means keep- ing the Chamber permanently in session, allowing a few men the liberty to over- rule all the others, and allowing freedom of action to thom, avowedly hostile to the State.

Signor Mussolini goes on to exalt the principle of force:--

History (he adds) has no example of s Government exclusively based on the will of the people and renouncing the use of fore. The will of the people is as shifty

people

RETURN OF RUSSIAN.

SHIPS

SOVIET'S NOTE TO JAPAN.

Fariz 9, Rue Boudreau,

HEAD OFFICE:

1CDON OFFICE:

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BANKEE

3,500,00 1,750,000

LONDON: Messrs. Glyn, Mills, Currie & Co. Societe Generale pour Favoriser Developpement du Commerce et de l'Indus trie en France.

PARIS: Societe Generale pour Favoriser le Developpement du Commerce at de l'Indus- trie en Frware.

Banque de Paris et des l'ays-Bas, LYONS: Societe Generale pour Favoriser le

Developpement

du Commerce et de l'indus

trie en France.

NEW YORK: The Irving Bank-Columbia "

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SAN FRANCISCO The Crocker National Bank

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Hailar

'BRANCHES IN ASIA :

Barbin

LONDON, April 26th. The annual meeting of. the Tats Industrini Bank Ltd., held to-day, proved as stormy as last year. In moving the

(ROATA NEWS AGENCY.] adoption of the report, Mr. R. D. Tata Chairman of the Board of Directors,

Moscow, May 2nd. made a apre in the course of which he

Mr. Karahan, Acting People's Commis stid that it came as a distinct disappoint as the sands on the senshore. No Gorers to the Minister of Foreign Affairs of the sary for Foreign Affairs, has seat a Note ment to the Board that force of circum- stances had prevented their declaring & Every Government action produce, dis

mont has ever made all its prople happy Japaness Government, concerning the final dividend: Although the profits from content somewhere. the

Discontented ships taken from Vladivostock by Admiral Changchun Hankow Manchouli Tientat ordinary banking ilde had been wall

Chefoo maintained, their industrial holding had the State, and they can only be controlled are bound to be a source of danger to

Nawchwaug Uramitchi Stark.

Hongkong Peking Yokohama.. He points out that Russia has informed Paren suffered severe depreciation, particularly by fores. Heb a Goverment of its the Imperial Japanese Government that

Kashgar Shanghai losses on sterling bills, and these losses of had during the last two years been largely of force, and leave it ouly moral princi-the Russian ships illegally taken by the

HONGKONG BRANCH: Vladivostock, provided for from their earnings. Be who wants to attack it. A party in power being the property of the Russian people Fixed Deposits, Terins on application. Loca) ·

play, and it becomes the prey to the first Ex-Admiral Stark from ferring to the general conditions of trade, be remarked that they could not see any truth is that men are tired of liberty. Russian Soviet Government. At the situa

aust defend itself against all comers. The must be immediately returned in the Bille discounted. real prosperity ahead for India until the Liberty is not to-day the chaste and severe time the Russian Government has warned the World bought and sold.

Foreign Exchange on the Principal Cities o markets and the Continent were in a virgin for whom the generations of the the Japanese Government that any per position to take their exports. Mr. Tats first half of the past century fought and mission given by it to the Russian ships

R. A. RODGERS. welcomed the Finance Member's assurance died. to limit Government borrowing, and was hierareby, and discipline hold the greatest chased or to be sold will be considered by For the new generations order, to stay in the Japanese waters to be pur pleased that the method of 3910 of fascination. Fascisme has no qualms in the Russian Governmens as an action emergenes currency against trade hills was declaring itself nati-Libera!, It has under Consideration aul that such

no openly violating the interests of the

Russian people of workers and peasants.

currency might be shortly available ou auls, Fascismo has trampled under foot sliding basis from six to eight per cent, and will again trample them the decom He further observe, that the liquidation posed corpse of Liberty-Central News. of heavy imports into India had proceeded stendily and there was a healthier outlook in that respect.

Soon after the chairman had concluded | LINER'S his address, tumultuous scene, followed. The extreme section indulged in angry outbursts au declared that the Bank had

STRANGE MISHAP

J:

STRUCK BY GIGANTIC WAVES.

Interest allowed on Current Accounts and ›

637)

Manager.

THE AMERICAN EXPRESS .CO.. INCORPORATED.

HEAD OFFICE:

Meanwhile at Gcnaan, there are still five skipa and two entier-transports under tha command of Captain of the Second Clas Besoir. forming part of the Russian Rotilla taken from Vladivostock, viz.,

NEW YORK CITY. Moufiua, Eldorado, Okhotsk, the gun- boat Mauchur. the messenger-boat Zuschituck and the cutters Voievoda and

INTERNATIONAL Ordinaretz. · The non-return of the above BANKING-HIPPING-TRAVEL en arbitrarily managed and huge sums

is in full contradiction with the numerous put in unprofitable investment? They defied the chairman's raling repentally Bremen, arrived

Eighty Offices are established in the Principal The White Star liner Pittsburg, from declarations of the Imperial Japaread

Halifax (Nova

Government regarding its strong desire Cities of the World to provide Commercial shouting

"Shame! Shame! We won't Scotia), on April 2nd, with her bridgs for a rapprochement and friendly reta Organisations and Private Individuals with hear your moderate opinion. They also section a mass of wreckage. Early an tions with Russia. Mr. Karakan regrets complete World Wide Banking, Shipping and expressed dissatisfaction the

pas: March 20th two huge, cone shaped waves to state that Russia is compelled to apply Travel Service, management, but took an optimistic view suddenly swept over both bows, uniting again on this question and to ask the of the future and favoured curtailment in pyramid form and rising to the erow return of the Russian ships.

COMMERCIAL LETTERS OF CREDIT. rest. They broke over her fore deck with fif the Bank's executiv

By fulfiling this the Imperial Japanese DEPOSIT AND CURRENT ACCOUNTS of business purely to banking, the noise of a terrific explosion, carrying Government would prove the reality of In shareholders, Bft. Taral fling among away the centre bridge and offera quas its intention to come to an early agree cheers, that the management would not was washed

Tata announced, muldst tera. The third officer, who was on watch, went with the Russing Government with dirvet any further investment in industrial ing, head downwards on the bridge ladder friendly relations with Russin.

the resumption of normal, and was found hang- regard to enterprises. After three hours discussion unconscious and severely cut. The quarter- the report was adopted by an overwhelm-master, who was at the wheel. was pushed

f the

of the

ing majority, the dissention's shouting through a partition into the chartroom. THE VALUE OF GOOD SIGHT they would proarcute all the Directors for and the dock boy had a similar experience, mismanagement;

· LIFE-SAVING AT SEA

but both ero unhurt. All the

terrified

it

to

apparatus was damaged badly that enanot be over-estimated. Eight stands was with great difficulty that the liner for everything that in valuable or enjoy was navigated port. The captain LONDON, April 30th. reports that the experience The report of the Merchant Shipping exampled. The terrific shock in dark are right; you may see well yet have! was unable in life You cannot tell if your eyes Advisory Commites, presided over by Sirness Norman Hill, en life-saving at cea

the 700 THISSEURTTK, suggests that in view of the circumstances graph Company.

but there was no panic.-Erelange Trie defective eyes. If you wish to have your of the loss of the Hypt, and the Friland, the it is impossible to count on the time available to transfer than fifteen minutes sing mogemeine that emergencias my arise in which there will be no time to use all boats actually attached to The Indo-China steamship Humany, davits, even if they are already carried stranded at a paint about twenty miles optical establishment in South China-- And swung out. They Committee suggests from Cape Bolinao, Philippine Islands, ie, located in 53, Queen's Road Central- that instead of encumbering the docks we understand, in no immediate danger. with a large number of heavy sea-going The Kowloon eraft, which may be useless and even

and Whampao Dock is at your service. They have the equip dangerous, it would be better for a vessel side the roesel, and pumping operations ments to test your orts accurately. Company's bug Henry, Kexyick is aloug to carry a supply of light rafts sufficient are succeeding in keeping down the inflow

THE STRANDED. "KUMSANG."'

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to support a number of persons for whom of water. It is impossible, at present, to Testing the eight and fitting glasses is accommodation cannot be provided in boats available for immediate launching.

forecast the possible date of the stranded their specialty.-ADVI steamer's successful salvago,

[101

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[83