1929-03-11 — Page 5

Page

FINANCIAL PANIC IN CANTON.

SILVER OR HONG KONG MONEY WANTED.

CENTRAL BANK'S BIG RESERVES.

REACTION OF WUHAN CRISIS.

[FROM" OUR CHỈNESE CÉRESPONDENT:]

CANTON, March 10th,

THE HONG KONG DAILY PRESS, MONDAY, MARCH 11th, 1929.

NEW TERRITORIES CORRESPONDENCE.

SPECIAL PRECAUTIONS IN BUILDING GUTTED

CANTON.

GARRISON REINFORCED.

FROM OUR CHINESE CORRESPONDENT:]

BY FIRE

BRIGADE'S TWO HOURS' FIGHT.

LITTLE PROPERTY SAVED.

SHOW.

AGRICULTURAL ASSOCIA TION TO BE FORMED.

ARRANGEMENTS FOR NEXT

YEAR

HISTORY, AND CHRISTIAN TRADITION.

{TO THE EDITOR OF THE HONG KONG DAILY PEINS"]

Six-It-is a pleasure to reply to so courteous a letter as that of your correspondent J.

view.

CANTON, March 19th." Owing to the financial panic and general apprehension over the Wu-"Property, to the value of many han affair, General Tang Shia thousands of dollars was destroyed NEED OF EXPANSION URGED Tsang, Garrison Commander and by a disastrous fire which broke

Ho saya of the evidence of Chris- Police Commissioner, has increased out on premises occupied by a

That the New Territories Agricul- tianity: There are narratives the police and military patrols in Chinese firm of Californian mer-tural Show has entered upon on purporting to be those of eyewit Canton. Special gendarmerie are chants at 72 Jervois Street on

important phase of its development esses, though actually written a Notwithstanding Government as on duty at night and an armoured Saturday morning. The outbreak was evidenced at the Committee try after the events described." This is a matter of dispute. A gurances that there are no dissen-car, which has been lying idle at occurred on the ground floor of the meeting held op Saturday after generation ege scholarship inclined.

the Central Police Station sions in the Nationalist camp at several months, now is again scour tity of cloth was stored

for building where a considerable quan noon at Tung Ying Ho Po, Sir to this view, Now Harnack the Nanking, and that the Wuhaning the streets after aunset.

The Fire Brigade were quickly Robert Ho Tung's experimental greatest expert puts the dates: Matthew 70 A.D., Mark about 63 trouble is on the eve of an amic- but the police are carefully search with such rapidity that it was fait-elected and plans formulated for AD." The mass of English and Con- The city is not under martial law, upon the scene, but the flames spread farm at Sheungshui, Officers were A.D., Luke 87 A.D., John 80-100 ablo settlement, great apprehensioning newcomers and keeping a closely obvious from the first that the is now being felt in Canton. This watch on all suspicious characters, building was

doarmed. Despite the third

Agricultural Show,tinental scholarship endorse this -political uncertainty is already Pedestrians are searched and often frantic efforts made by the firemen Among those present wete: Rev.

a 'bus is stopped and aft the pas to subdue the blaze, fames were H. R. Wells, Mr. J. A. Fraser Thus we reduce the hundred years.

St. Paul's Epistles are earlier still. having serious financial reactions and the bankers are refusing to far, however, everything is quiet.

sengers examined by the police. So scon licking at the windows of the

upper floors, and within a very few (District Officer), Fung Ki Cheuk by a very wide margin. Quite accept" deposits either of Central Bank of China cotes or of the new Army has been ordered from Fat ground floor to the first floor of N.T.), Messrs. F. C. Mowfung,

The 33th Regiment of the 4th momento, the staircase from the (Faaling), Tang Wei Tong (an elder apart from the 'Canon-e.. the New Testament-which was first -90-cent pieces.

C. M. Manners and Stapletou Danger of Walls Collapsing. Bellowing clouds of acrid smoke (Kowloon Residents' Association),

There is Clement of the fret con- tended to impede the work of the Lady Ho Tung, Mr. Ng Sing 'Chi fremen, and the collapse of other (Hon. Chinese Secretary), Mr.

tury, Justin of the early second staircases made things even more James Bullock (Dairy Farm), r. whose names and surviving works century and a number of others difficult for them. The beat of the flames melted what fragments of J. D. Bush (Hon. English Secre. can be found in any book on the glass were left in the charred win tary), Li Chung Choke (elder) volume of surviving works of Chris subject. By the third century the dow frames, and there appeared to Leung Hon Kai (Proprietor of tian writers is extremely large be sure danger of the outer walls Castle Peak Restaurant) and others. collapsing apos those firemen who The Committee decided to hold Testament are 4th century-far eaf- The early manuscripts of the New were attempting to salvage a little the Show on January 4th and 5th, lier, I believe, than any manuscripts of the property in the burning 1930, as that time of the year ap-of the classics.

pears to be most. convenient for tha Seeing that it was hopeless to attempt to save the premises, the fire brigade concentrated upon pre- venting the blaze from spreading to adjacent buildings. In this they were successful, although the heat was so intense that windows of the two houses on either side were scorched, and the firemen had to play their hoses upon them.

414

MONEY CHANGERS AND

collapsed.

sban, its present quarters, back to Canton. The protection of Fatshan is now left to the troops stationed THE CURRENCY.

in the Nam Hoi District.

Up in the North of the province, Money changers are demanding in the Shiukwan district, martial abnormal fees for giving silver in law has been declared. Com: axchange for Central Bank notes. munists have broken out again on They are not allowed to depreciate the border and several soldiers, the value of the notes and so are were killed in a skirmish at the getting round the dificulty by email town of Sa Kni. The Com- charging from $3 to $7 for changmunists are reported driven back ing $100 in notes. This is recog to the mountains." nited as an indirect slump in" Gov crament currency. The money GENERAL CHEN MING-SHU" | building -changers are also careful to give only new 20-cent coins, and are said to be hoarding the older coins,

LEAVES.

According to the ah Taz Fat issued before the appearance of the Pan, General Chen Ming Shu, ac bad money that has been giving so companied by his wife and a num- much trouble..

her of minor officials, left for Government bonds have also Shanghai on Saturday by the s.s. -dropped. Short-term bonds, due Khyber. Interviewed before his for redemption in May were quoted, departure General Chen said he on Saturday, at between 50 and 70 was acting under orders from the por cent., while long-term bonds Central Kuomintang. He refused were down to 20 per cent. Even at to say anything about the Hunt this rate the money changers were situation. refusing to accept them.

Hong Kong money is in great demand but banks and money changers are refusing to sell. They simply reply to customers that they have no Hong Kong money. How ever, a regular and "reliable. client is generally able to get Hong Kong money provided he will pay in the older silver coin. Even then he has to give $1.50 Canton for every Hong Kong dollar. banks and changers will not at any price accept the Central Bank notes in exchange for their reserves of money which they know is safo. The present rate of exchange is, merchants declare, the highest they have ever known.

HONG KONG Y.W.C.A. THE NINTH ANNUAL REPORT.

WIDESPREAD ACTIVITIES,

n

After two hours, the blaze was extinguished. By that time, every thing in the building and the build- ing itself were practically des troyed.

.

Firemen were kept on guard all Saturday night and yesterday. people on the premises had marrow It was reported that a number of escapes, a staircase collapsing just a second or two after they had rush ed out into the street. Fortunately, no lives were lost and nobody sus tained injury."

A very satisfactory report WILB presented at the ninth annual meet ag of the YW.CA. on Saturday afternoon. Mrs. Ma Wing Chan, the

resident of the Association pre-insured..

fixed in the second century, and confirmed in 397 A.D., the chain of Christian writers is continuous

Chinese farmers especially in the In history of all kinds we rely matter of vegetables, although it on documents and traditions and may not be so advantageous to the in this matter the life and teach- ings of Christ are extremely well foreign variety, for which the latter part of January would be the best attested. There are many apochry

"Geapels," notably phal

that time......

ascribed to St. Peter, but scholar. Show Near Sheangahul Station.. ship, including Christian scholar- There was considerable discussion ship, has dated them--and rejected as to the advisibility of holding the them, except as curiosities. The Show at a more easily accessible atmosphere differs entirely from the place for the general public in early narratives with their sim- Kowloop and Hong Kong.

plicity and literary power.

Mr. C. M. Manners made some If J will state what he consideră good suggestions for having the unreasonable in the Gospels we can Show near the Railway at Hung argue it on its merits. Hom. Convenient and cheap trans. the farmers and their exhibits. portation would be available for Mr. Manners said that the Eowloon Residents Association had other object in view than to make the Show a greater success than the previous year and turn it into

Christianity; one section of the pop- system of ethics like those of If the Egyptiane of 4000 B.C. had

ulace must have kept it very much to themselves. Most of the people not very edifying deities. were worshipping Egynt's many and

an annual affair to be looked for- The

"RUN ON CENTRAL BANK.

The disturbance on

12

the money

sided.

We understand that the building and the property it contained were

GOVERNMENT APPOINT-

MENTS.

ward to, something on the lines of the famous goose fair of Notting- ham. They should try and make it attractive both to the farmers and to the general public.

Petty persecution still goes on to-day in many forms, but the big Persecutions of the Reformation period died out in the 17th century. Heresy, though involving civil dis-

abilities, - ceased to be a crime. There has been to persecution like that

Russia. under Lenin.

for the year resulted as follows:- The election of Board members

Si Fong, Wong Yu Yee, Wang Sz Mesdames Wong Kwok Suen.. Tao Chuen, Lam Tin Sung, Choy Nai COMM. HOLE TO BE DIREC ahead with a policy of expansion Rationalist thinker's bore a great

Sing, and Misses Alice Kwok and Kong Ching Po. The report for the year was read by the general secre

TOR OF AIR SERVICES.

of

*: The Government Gazetle,

On the other hand, Mr. Wells and Mr. Fraser thought it better to go.

at a slower pace, They favoured part in the Toleration movement holding the Show at Sa Wu Hui, but so also did many orthodox market has spread to the populace persecution.

tary, Miss Shin Tak Hing, and the March 8th, announces the fol-farmers and visitors, near Sheung, land. In any case Christ's teach- a centre equally advantageous to Christians-eig, Cromwell in Eng. aad yesterday there was a run on

Central Book. The writer principle address.

the

found the premises packed with acething and struggling crowd of humanity, holding in their hands hundreds, and sometimes thousands of dollars. They wanted to get rid of the notes, and put coin in their pockets. Many were shouting and pandemonium reigned.

Polata from the Report.

ant Billitoe.

end, unanimously agreed upon, If we don't obey the command hata sub-committee has been about selling our-goode at least appointed to report at the next the world, honours the few, who Committee meeting to on April 27th us regurds the most so. If by some strange chance we all be held since Buddha's, example, have done suitable site. With regard making the Show more attractive it would mean in practice a new to become willing to adopt the precept and interesting to the farmers as ideal of property, which would well as the general public, an enter-solve even today's economic prob tainment committee has been ap-lems.-Yours, etc., pointed, consisting of Messrs. Fraser, Manners, Tong You Fan, Leung Hon Kai and Fung Ki Cheuk.

R.B.

THE YAUMATI SHOOTING AFFAIR.

morn-

Governor,

Mr Thomas Henry King, pro The greatest need of the Associa-visionally and subject to His tion is a building adequate for Majesty's pleasure, temporarily to its activities and the Association be a Member of the Legislative leaders have been engaged in rais- Council, during the absence on ing funds for such a building. So leave of the Honourable Mr. Ed- far 837,000 has been pledged. ward Dudley Corsenden Wolfe, The responsibilities of the Asso-C.M.G., with effect from the 2nd Tas Bank, which is, of course, a ciation are shared by a Board of March, 1929. Government institution, holds to its Directors fifteen in number, a num Mr. Herbert Richard Budd Han policy of exchanging notes, to aayer of commitee members, and a staff cock to be a "Member of the amount for silver. It is paying out of secretaries. Each Chinese staff Licensing Board during the ab- the now 17th and 18th Year of the member takes responsibility for serice from the Colony of Mr. Hugh Republic coin freely, and an official three: departments.

Ân Agricultural Association. Blackwell Layard Dowbiggin, with told the waiter that they had be Western secretaries are sent by effect from February lat, 1929.

Still another important matter dis- twcen seven and eight million dof the National Y.W.C.A. to local

The Hon. Commander George cussed at the meeting was the idea Jars of coin in reserve. They are centres on the request of the local Francis Hole, RN. (retired), to of forming the Show into an Agricul

LITTLE GIRL DIES. -determined to maintain the value centre. Miss Nell Elliott, whose be Director of Air Services in tural Association, with a member- of their notes and are confident splendid work is responsible for addition to his other duties, with ship of foreigners and Chinese,

The little girl Wong Mui Teai, that their readiness to pay out much of the growth of the Associa effect from February 23rd, 1829. every effort being made to attract will restore confidenco. The two tion, returned from leave in May branches at Wing Hon Maloo and but was obliged to return to her Whyte, Royal Engineers, to be His fee being fixed for memberships. Friday died at the Kowloon Captain Allen James Levinge the Chinese agriculturists, nominal aged 10, who was wounded in the shooting affair in Yaumati on West Bund are open to-day and home in Canada because of a serious Excellency's Private Secretary in This plan is now in the hands of a Hospital

on: Saturday doing business as usual.” illness. Miss Marion Dudley, whe addition to his other duties, with committee, at the head of which is ing. The child lived at 950 Canton has been in the language school at effect from March 3rd, 1929, and Mr. Fung Ki Cheuk, a very active Road, and was drawing water from IN FATSHAN.

the University has been appointed Lieutenant Frederick George: Sil-worker and supporter of the Show. the hydrant in company with other for half time work in the Girls A merchant wro had just return- Department. There is a splendid lice, Royal Marines, to be his Mr. Fung was formerly with Messrs. children when three of them were ed from Fatahan told the Daily co-operative spirit in the Associa March 3rd, 1929. The local rank from business and is spending much hospital, but are not in any danger. Aide-de-Camp, with effect from Shewan Temes, but has retired hot The other two are also in Press reprezentative that the situation, the whole staff is united and of Captain, is granted to Lieuten- of his time in educational and The girl was hit by a bullet which tion there was even worse and loyal to the work and to each other.

philanthropic work, Central Bank of China notes, were Each year shows a steady increało Mr. John Barrow to act as an Territories Agricultural Show is pital in a serious condition and The General Committee of the New bez neck. She was taken to hos entered her jaw and passed through openly quoted at between 50 to 95 in the number of women who under Assistant to the Secretary for per cent.

This comes, he said stand the Christian purpose of the Chinese Affairs, with effect from taking great interest in the idea of after an operation hopes of saving bitteris, "of responsible leaders, W.CA. There are now 480 mem- March 11th, 1928.

forming an agricultural association her life were entertained.. including the Commissioner. of bers Membership open" to Dr. Kok Cheang. Yeo to be and it is greatly, to be hoped that Finance, rushing off to Nanking women of all nations who be Chinese Assistant Medical Officer this will be done, as it would be West Point, who is believed to be The police detained a man at and leaving Kwangtung in charge live in world fellowship, expressed of Health, with effect from March able to do a great deal towards pro- the man whom they were, chasing. of minor officials.

by the Chines, saying Under

|_ Int, ÷ 1959.

moting agriculture in the district. He was unarmed when arrested. The Bank of China is furious heaven one family."

The religious education depart-

The Officers. with the money changers and pri vate bankers. In an angry circular ment has provided, direct religious

"There are five centres for girls Officers for the year were elected Ho Tung, Vice-Chairman, Mr. J. A. Fraser, the cosmopolitan nature of Hong Kong, an inter- Vice-Chairman; Mr. J. D. Bush, national girls club has been started on. English Secretary; Mr. Ng to promote friendship and under- Sing Chi, Hon. Chinese Secretary:

or more members. standing. There are sight nations and Mr. T. Long (of Hong Kong L, J. MoDermott, of Melbourne, now represented among the twenty & Shanghai Bank), Treasurer. and J. McDermott, of Glasgow The New Territories Agricultural were before Mr. T. 8.Whyte-Smith The hostel is a small section of Show is exceedingly fortunate to at the Kowloon Magistracy on the upper floor set aside, because of have the valued assistance of Mr. Saturday morning for stowing pieces were coined under the super twenty young matrons started this where Chinese women travelling fung, and Mr. Stapleton of the Asia from Shanghai. Both defen A mothers study group of over, the urgent need to provide a plaer C. M. Manners, Mr. F. C. Mow away on board the Empress of int ndence of chemists selected by thx chambers of commerce them year.

alone may stay. It was used this Kowloon Residents Association, 88 dants pleaded guilty, and the Doctrine of Health, selves. A meeting held in the

year by 51 women.

well as Mr. James Bullock, of the Magistrate imposed a fine of $50 or Treasury Building for the purpose. The Association strives to have Since the policy of the Y.W.O.A. Dairy Farm, and Mr. McPherson, a month's imprisonment, d of supporting the new coinage and the doctrine of good health reach is to keep the membership fee low of the European YMCA

Sergeant Humphries, who was in keeping it in circulation was at every group within its bounds there must necessarily be a yearly Mr. Fraser Teported that the charge of the case, said that a cable. tended by practically the whole Dr. LS, Shin acts as the Associs finance campaign. This year the money prizes (totalling about 8800) gram had been despatched to merchant organization. But the ion doctor and members and their budget difference amounted to and certificates of honour have McDermott's father at Melbourne Finance Guild of Canton refused to families, go to him for free con- 88,000. Of this amount only 86,000 ulready been distributed to the with regard to his son and alleged send representative to the moet sultation

dewis raised in spite of the hard work winners in the various districts of cousin. They received a reply that ing, although it was more concerned The YW.C.A. is keenly interested and generosity of Hong Hong pee the New Territories,

Mr. McDermott will not for pon than any one clac. What shall we in Baby Wellure and there are pic. However, as the year before, The General Committee of the have no cousin. do with these crooked speculators three centres for climo work had carned a good balance of $1,800 New Territories: Agricultural Show and money changers who are with 1005 babies have been helped. the Association managed to meet the desired to tender its hearty thanks out human conscience ! ?!

requirements made of it."

to Mr. Fraser.

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HARMSTON'S CIRCUS

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TO NIGHT At 9.15 p.m.

it blames them for the panic and chasing through Bible classes, die work with clubs for 150 gits frou Chainion; Sir Robert Ro Wola, TWO YOUNG STOWAWAYS. Grand Change of Programme

declares that they have engineered groups, speakers and de- ste it for their own profit. It calla votional meetings.

them "bold hearted wretches with. Many Chinese women have not out human conscience," and goes had a chance to study as they de on. These speculators and money re, therefore the Y.W.C.A. opened classes in Chinese, English, Man- posing the financial policy of the Chinese and Fordgn Cooking changers have all along been op darin, Home Nursing First Aid, Government. They threw suspicion, on the present issue of coin in epiteOver 150 women and girls ore en-

of the fact that the new 20-cent

rolled.

(Continued on nezt Column);

Because of

PARENT'S CABLE FROM AUSTRALIA

Ibis understood that L. J, McDer mott, will be sent to Australia on the as Taiping.

Monday, 11th March Mongkok, Kowloon

MATINEES-Wednesdays, Saturdays and Sundays

at 4:15 pm.

Children Half Price to Matinees Only.

(Buses and Taxis pass the Girens Ground),

BOOKING AND PLAN AT MOUTRIE'S,