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INDIAN BUDGET SHOWS DEFICIT.
SILVER DUTY INCREASED TWO ANNAS, PER OUNCE.
HIGHER INCOME TAX AND SUPER TAX.
THROLOU REUTER'S AGENCY.]
New Dr, Feb. 28. purely a reveaue measure, pending Under the new Budget, the inconsideration of the Tariff Board's creased customs duties include a recommendations..
two unas increase an ounce on silver bullion.
Bates of Surcharges.
Encouragement of Bugar Industry.
Sir George Schuster said that from the balaner of at lakhs he con- A surcharge of two and a hal teinplated certain granta for hene. per cent, will be levied on the pre-ficial purposes, particularly from sent customs 10 per cent, schedule, five to ten lakhs in connection with aut five per cent, on the 13 per the encouragement of the sugar cent. schedule, including, cotton industry, for which the Council for picee goods, and 14 ber cent. of Agricultural Research would short. the Juxury schedule,
ly submit schemes... Increased Duly on Silver Justinable, As regards silver, he contended that the increase of two aans per denied that it might check the ounce was clearly justifiable and he
consumption of silver in ludia.
Dearer Petrol.
The duty on all grades of sugar is increased by 20 annas per but
dredweight, whilst there will be wa increase of two anaas pergalica on motor spirit and nine pies per gallon of kerosone.
Severe Pruning.
The 'Budget, which was presented by Sir George Schaster, Finance Minister of the Executive Council showed n deficit of 14 crores of rupees after severo pruning, includ ing a reduction of 173 lakhs on military expenditure.
"A One-sided Agreement." Regarding the maintenance of the price of silver, however, Sir G. Schuster referred to his last year's offer of cooperation with other silver interests. the only direct response had been "Unfortunately, from the United States silver-pro ducing interests on the lines that while the production of new silver ("should remain unrestricted
Governments holding stocke should refrain from selling.". He felt sure. that members would not expret the Government of India to abandon Sir George Schuster announced the country's rights by neeeding to hix intention to appoint 'n' Re"any such one-sided agreement," trenchment Committee of members, and declared that to change the rupee from 18 to pence would be fatal to India's
The new taxation is estimated to vield 14 crores, 82 lakhs. of rupees, and includes an increase on income tax and super tax ranging from two to five per cent.
Retrenchment Committee.
Financial welfaro.
seren
He vehemently cauphasised the neessity for caution, economy, and
o-opération.
An "Astonishing Proposition." LATER.
the
Sir George Schuster emphasised that the whole world depends on India as a consumer. She absorb
'
HONG KONG DAILY PRESS, MONDAY, MARCH 2, 1931.
LONDON NAVAL
TREATY.
NEGOTIATIONS AT ROME END SATISFACTORILY.
THROUGH REUTER'S AGENCY,}
TIN REGULATION SYSTEM.
`BALANCING PRODUCTION AND CONSUMPTION.
(THROUGH REUTEE'S'AGENCY:]
ROME, Feb. 28.
There is widespread satisfaction
the authoritativé
INDIAN CIVIL DISOBEDIENCE.
CONGRESS REJECTS THE COUNTER-PROPOSALS.
(THROVON REUTER'S ADENCY.]
LATER. The three main difficulties appar.
AUSTRALIA'S "NEW ENGLAND" STATE.
"NEW PROVINCE LEAGUE"' ADOPTS PROPOSALS.
· [THROUGH REUTER'R AGENCY, 1
SLEEK AL CAPONE:
CHICAGO COURT.
MASTER-AT
[REUTER'S AMERICAN SE
CHICAGO, Feb. 28,...
Al Capone, the notorious gangster SYDNEY, Feb. 25. and King of the Underworld" in The Excentive of the *New America, has been "convicted of: New South Was, at a meeting to six months' imprisonment. Province Lengue in north-east contempt of Court and sentaneed, hek ht Armidale, adopted." Dr. Earle Page's propeianls for the
· LITER. The six months sentence for establishment of New England failing to present himself for quee proposals for the drafting of aed items of his income startled At as an independent province. Also tioning concerning some unreport ̈ Constitution and for petitioning the Capone, who had never been sen- Federal Cabinet for recognition, tenced
A meeting held at Wagga Wagga, though he spent nearly a year in previously in Chicago, in the Riverina district, attended gaol in Pennsylvania, two years ago for carrying a pistol in Philadel
Capone attended the Court attired phin,
Sleek and prosperous looking, in the nattiest suiting, rings flash- iug from his fingers, and wearing a tie of brilliant huc, he sat back stolidly chewing gum.
LONDON, Feb. 28.
New Destin, Feb. 28. The Congress Working Committee pronounco Complete agreement on the sys- ment that the intensive Angletem of tin regulation was reached has definitely rejected the Viceroy's Italian negotiations terminated in at a meeting held at the. Colonisi counter-proposals. the early hours of the
morning by nequiescing in the formula which attended by the Bolivian, Dutch Italy, subject to minor reservations, Office on February 27, which was Mr. A. Henderson brought from East Indies, Nigerian and Malayanently responsible for the fateful Paris and barring an unforeseen Franco-Italian adhesion to the full hitch the way is now clear for delegatos.
decision of Congress are that the London Naval Treaty,
The object of the scheme is to
Congress has been insisting upon secure a fair and reasohrble equiling independent inquiry into the brium between production and con- alleged police excesses, their right by 10,000, passed a resolution call cloth and liquor, annil their right cost of Government, relieve the to picket shops selling foreigning on the State Federal Govern
ments 10 drastically reduce the annnufacture gali, but the primary secondary. industries of
their statutory burdens, and re duce the interest charges...
Cryptio Announcement,
LATER.
Apart from the above communi-qumption with a vibato prevent que a deep silence is observed re-ing severe priva oscillations.
only statement obtainable being the
garding the naval agreement, the The scheme will have effect from tu somewhat cryte Announcement that March and be administered by authorities are unable to agree to the conclusion of Five-Power senting the Governments of the it is hoped a way, will be found for an International Committes repre- these "preliminarács" to a truco.
ions which would not be in great Agreement, and that Italy has above countries. found it possible to make conees-
conflict with her former attitude, but adheres to the main prin- ciples of her own needs,
"
In the event of the Government's refusing to recognise the proposals. by March 31 the meeting passed a
at 145,000 tons yearly.
The basic world tonnage is agreed SCHNEIDER TROPHY RACE.realution that immediate steps
quotas agreed to:-Malayá, 33,853 The following are the initial
tons Bolivia. 34.200 tons; Dutch East
British Embassy Communique.
Indies, 23,010 toms; and ROME, Feb. 28. Nigeria, 7,700 tous. Invariable per- A communiqué issued by Itali-British agreement was reach the ratios applicable in all altera the centages based on the initial quotas British Embassy states that on were agreed to for cach country as
left outstanding at the London ed in principle on the questionations in the basis toorage. Naval Conferere,
to the French Government.
The terms have to be submitted
Mr. Henderson and. Mr. Alexen der have accordingly left for Paris agree, then the proposals will be Should the French Government sulmitted to the Governments of the United States, Japan, Groat Britain, and the British Dominions,
BRITAIN ORDERING TWO MACHINES.
(THROUGH KEUTER'S. AGENCY.]
guaranteed by Lady Houston, is
LONDON, March 12 The Air Ministry, with the noney andering two super-marine So Bea planes for the Schneider Trophy to buy one only. Race, though it was first decided
perty of the Air Ministry
The machines will be the pro-
It was agreed (apart from the of the urgent circumstances) that special agreement reached in viow the initial quotas should remain fixed for at least six months. Each Government will allot the producers, and effectively control Lecointe, and their machines are national quota among individual under the famous airman Sadi The French have began training
production and export in accord-stated to be capable of 370 miles ance with the scheme.
an hour.
The quotas may be altered from The last Schneider Trophy Race- time to time as circumstances, re- was won with 328. miles an hour. quire by the unanimous consent of the participating Governments,
Quotas under no circumstanceR
should be taken to hold a relerda- dum on the right of the Riverina" district to determine its own affairs and its own destiny under the. British Crown if necessary by secession.
ROYAL DUTCH OIL DEBENTURES.
REDEMPTION ON TWO MONTHS' NOTICE,
(THROUGH REUTER'S AGENCY.}
THE HAGUE,, Feb. 28. Although over 20,000,000 florins worth of five per cent, debentures rera issued only twelve months ago for a period of 30 years, the Board of the Royal Dutch Company has decided to exercise its right to redeem them on two montha" notice by the prevailing low. rates of in- terest.
than three months. may be altered at shorter periods FRENCH AIRMEN'S FLIGHT at 1023 per cent, and thus profit
America Admires British Persistency, (REUTER'S AMERICAN SERVICE)
WASHINGTON, Feb. 28, between Great Britain, Fiance ond The foot that naval agreement Italy is in sight is viewed here. The scheme in to remain in force with gratification as an extension for two years, but if any of the of the work achieved at the London participating Naval Conference.
Governments do mand an alteration in the tonnage unanimous. agreement is not reach. quotas. and if within six months ed as regarda snch proposal, the Government which made the de-
ed 108,000,000 mines of silver na mally for the five years ending March 3, 190, and according to present indications her absorption during the current year will reach this average, while from her own holdings the Government of India hell pending the receipt of com
Although official comment is with. sold a total of only about 90,000,000plete information with regard to
ounces.
Movement,
the terms of the settlement, the British persistency in devising formula which will secure accept aner nevertheless, calls forth gen- at admiration, especially from
who are most ware of the difficulties encountered.
No Information Regarding Progress. (BRITISH WIRELESS SERVICE]
Ruany, Feb. 28. tive of the British Government and Disenssions between representa
Minister for Marine and the Italian Foreign Secretary and other officials were continued in Rome this afternoon on naval limitation. the subject of
In announcing the increase of the silver duty, Sir George Schuster re- Silver's Fall Part of a Far Wider ferred to suggestions of the Finance | Member this they should discon time anles while fresh output from Sir G. Schuster declared that the silver mines was to continue India must retain a free hand.thes nninterrupted. He described it as "We must ask ourselves whether annatonishing proposition." co-operations would be likely to lead Sir George Schuster gave the to the desired results. The more I following lends concerning which study the matter the more I am it was proposed to increase, the convinced that the fall in the price substantive tariffs: Liquors, sugar, of silver is part of a much wider silver bullion, betel nuts, spices,ovement, and the more doubtful and exposed cinema filos. He said become whether silver can be the duty on beer would he raised by dealt with successfully in isolation," Sir G. Schuster pointed out that nhcut 60 per cent, above the pre- sent level. The duties on wines the fall in silver prices has not and spirits (except denatured spirit been really But of relation to the and spirit used in drugs and medi-fat in the case of other metals. cines) would be raised between 30 He was of opinion that the causes and 40 per cent. Apart from sugar, might be the same. Any action silver bullion and liquors, the other which does not touch the causes items mentioned would be trans- of the disease is hardly likely to ferred from the general rate duty provide a sound remedy. If there
now 15 per cent, ad valorem) to alia to be any international confer-sarily await the sequiescence of the Juxury rate of 30 per cent,
Sugar Duty Increase a Revanue Measure,
Sir G. Schuster declared that the increase of the sugar duty was
"INDIAN ROUTE" TELEGRAPH LINE. CLOSED DOWN AFTER SIXTY- ONE YEARS.
[BRITISH WIRELESS SERVICE.}
· RUGBY, Fob. -- 27.- The great telegraph fine 'known an "The Indo-Routo" closes down tc-morrow.
ence for dealing with silver, it would be of far greater value to the world if it could also deal with all those other factors in the present world situation, which might be effected by international co-opera- tion.
NEW YORK'S "WORLD." 'TELEGRAM."
PULITZERS' GALLANT FIGHT ENDED.
(REUTER'S' AMERICAN SERVICE]
NEW YORK, Feb. 28. Newsboy's repped a harvest in selling the last editions of the New The line ran 8,000 miles from York World at fancy prices up to London through Germany, Poland,dollar
No information is available as to the progress of the " CONVITES- tions," which are based on the re- evita of the Franco-British " versations" conducted in Paris.
con-
If accord is reached it must neces Governments of the United State and Japan, which, with that of Britain, were signatories of the Naval Agreement of 1830.
ROYAL BUSINESS AMBASSADORS.
BOOSTING NOT DIRECTED AGAINST ANY COUNTRY.
(BELTEE'S AMERICAN SERVICE]
TO TOKYO.
INDIA, MANCHURIA AND SHANGILAI ROUTE,
[THROUGH REUTER'S AGENCY.]
PAR18, Feb. 27. and will be at liberty to withdraw Two French airmen, M. Moench from the scheme. In the event of and M. Burtin, plan to take off at such withdrawal the "ther parti-one alelock in the morning from Le cipating Governments could im mediately abandon the theme.
The representatives of the Gov- ernments of Bolivia, Malaya, Dutch East Indies and Nigeria are aut nitting the schemo fer the ap proval of their Governments. Meanwhile arrangements are being March 1. mado to apply the scheme from
PEIPING-NANKING TRIAL
FLIGHTS.
PREPARATION FOR AIR TRANSPORT SERVICE,
(Woh Taz Fat Pap.)
SHANGHAI, March 1. The China Aviation Company has arranged for series of trial flights hetween Poiping and Nanking this week preparatory to the opening of an air transport line from Nanking to Peiping ri Hsuchow, Tainan and Tientsin.
The first trint flight was made this morning by a light plane start ing from Shanghai and flying north- ward along the Tientsin-Pukow Railway.
NANKING'S BAN ON OPIUM SMOKERS.
SANTIAGO DE CHILE, Feb. 28. The hearts of alt Chilean sonori. tas are still aflutter over Prince George, who created an unforget- table impression on their minds, NOT ELIGIBLE FOR GOVERN.
The Princes are now speeding in a luxurious trai townrd the Chilean "Switzerland" in the south, where they will spend a few days holiday among the moun- tains.
Russia and Persia to the head of On the other hand, there were
many and eyes inside the office s No foreign visitor over created whole country is topsyturvy with business ambassadors.
long
MENT SERVICE.-- (Chun Wan Tat Pao,)
NANKING, March 1.
opium-smokers of the right of being The Nanking Government issued amandate yesterday depriving enlisted in Government service, The Prince of Wales has given a Government department found to no fórmal interviews, but he has harbour such a case is liable to be taliced personally with the foreign correspondents,
Bourget aerodrome to fly to India, Manchuria and Shanghai.
Trip Postponed.
PARIS, Feb. 27. The French aviators, M. Moench take off at one o'clock in the morn and M. Bartin, who had planned to ing from Le Bourget nerodrome in h flight to Tokyo vii India, Man-. churia and Shanghai, have post. poned their trip.
WOMAN SUFFRAGE IN JAPAN.
BLLI PASSED BY LOWER HOUSE.
{THROUGH EEUTER'S AGENCY-)
TOKYO, Feb. 27.
A Government Bill proposing the with men in the elections for vity, grunt to women of equal franchise town, and village autonomous House, and now goes to the House. Ballies was passed by the Lower of Peers.
Last session a similar Bill was introduced by private members and passed by the Lower House, but the Peera shelved it.
YEN HSI SHAN BOOKED FOR JAPAN.
SALLS ON MARCH TENTH FROM DAIREN.
[THROUGH REUTER'S AGENCY.]
Toxvo, Feb. 29.
has booked pastage for himself and
It is learned that Yen He Shan
40 companions, on the 8.8, Ural March. 16 for Japan,
the Persian Gulf and, thence, the paper went to press for the last such furore in Chile, and it submarine cable, to India.
On Sunday, the land lines be time, marking the end of tries through, which they pass, thers Pulitzer have had against and the sea cable of the British heavy odds to maintain the paper Imperial and International Com-built up by their father. munications Company.
The morning, evening, and Sun- The line was opened 01. years day editions of the World have to Casure An. alternative, heen merged with the Telegram route to India in the event of an under the composite title World interruption to the Eastern Tele-Telegram, the fra number of which graph Company's cables, but beam appeared to-day.
same, the possession of the coun- and gallout fight that the three bro enthusiasm for the youthful Roy while any civil officer in charge of Maru, sailing from Dairon
ago
wireless has made its continued "World" Employees Arranging to
Lease Old Equipment and Plant.
use unnecessaTY.
The history of the maintenance.
of the line through Perain by the
lado-European Telegraph Depart
LATER.
The World having merged into ent of the Indian Government is the Telegram through its purchase full of tales of exciting adventure by the Scripps-Howard Syndicate, adfine examples of devotion to the employees of the World are duty by Officers of the department arranging to lease or purchase the and by Persian-lineson,
old World plant and equipment During, the War, the whain tole- and publish their own newspaper. graphic communications of the Mesopotamia Field Force, both
with India and England, passed The Department's "officers are ver the department's cables in having the station in Persis with The Permian Gulf and that pregrets, which will be thus by traffle was dealt without break the Persians with whom they have down or undue delay.
established relations of trust and (Continued af foot of next column.) } friendship..
Both the Prince of Wales and his saff made it clear at the trade boosting tour was not direct ed against any one country, but was aimed to give a general im- petus to England's world trade, The friendliest relations have been maintained throughout, especially with Americans, and the Prince. has generously praised the manu- factures of other countries, whether motor-ears, aeroplanes or cigar. ettes.
Valparaiso to Sartiago de Chile
A by Alt.
punished,
DEMARCATION OF CHINA'S PROVINCES.
RESOLUTION PREPARED FOR PEOPLE'S CONVENTION,
(Chun Tan Yat Pac)
NANKING, March, 1. A resolution suggesting the de- marcation of the inter-provincial border lines of the exlating 22 provinces of China is prepared for presentation to the coming People's Convention.
SHANGHAI NANKING "RAILWAY LOSSES. OBLIGATIONS EXCEED:
EARNINGS,"
(THROUGH REUTER'S AGENCY.}
SHANGHAI, Feb, 28. The anneal position of 'the Shanghai-Nanking Railway will be discussed at the Traffic Conferenco opening on Marth 1.
The year's administration expen-. diture is estimated at $10,000,000 VALPARAISO, Feh. 27.
and the earnings at $13,000,000. The Prince of Wales and Prince George. ranched Santiago de Chile
The obligations to be met during after a town's tihti at the ATE OF £76 Extering a defcit uf~$10,000,000" NE The plan provides for the diminu- the year amount to $13,000,000. ing provinces and the, creation of the end of the year. over 40 new provinces, thus making
They are promeding south by train in a few days and will.com
lete their holiday before going to Buenos Aires.
The Railway Ministry is urging
it possible for more efficient local that effective measures, be adopted administration.
[to meet the situation,
.
UNEMPLOYMENT. IN GERMANY. ONE QUARTER OF WORKENS IDLE.
THROUGH REMATA'S' AGENCY.} ·
Thi
?
BERLIN, Feb. 18. Labour Minister, Herr Stegerwald, told the Reichstag'a Economie Committee that one-sixth of the German people were directly one quarter of the workers were affected by unemployment and that worktess.
·
AVIATION SERVICE TO DUTCH EAST INDIES.. WEEKLY SERVICE STARTING NEXT OCTOBER.
(THROLÔH REUTER'S AGENCY.)
THE HAGUE, Feb. 27, The Royal Dutch Air Navigation Company proposes to start a weekly service to the Dutch East Indiry on October 1 if the country's financial
ecosary-subsidy position is such as to enable the
be granted:
THE NEW
SPALDING
MULTIDOT
When judgment was given the gangster stiffened, and the chew ing ceased, and the "big boy" was'
angry.
Bail was granted in the sum of 25,000, and 30 days were allowed Chpour to prepare an appeal,
U.S. SOLDIERS' BONUS BILL.
SENATE OVERRIDES PRESI DENT'S VETO.. [REUTER'S AMERICAN SERVICE}
WASHINGTON, Feb, 28. The Senate, like the House of Representatives, has President Hoover's veto
overridden ex-Services. Bonus Bill,
on the
TRADES' 'DISPUTES". BILL. AMENDED MEASURE NOT ACCEPTABLE TO WORKERS,
(THROUGH NEUTER'S AGENCY.]
LONDON, Feb. 27. The General Council of the Trade Unions Council have writ ten to Mr. Ramsay MacDonald stating that the effect of the Liberal amendment will pince the trade union movement in AW080 position than at any time since 1871
The Bill thus amended is "totally unacceptable to the trade union movement."
CANAD
BANS SOVIET GOODS.
IMPORT OF COAL AND WOOD PROHIBITED.
[REUTER'S AMERICAN BERVICE]
OTTAWA, Feb.. 7. All importa of Russian coal, wood pulp, pulpwood, timber, asbestos, and furs are prohibited by an Order in Council..
The Minister of National Revenue has sued a statement declaring that the Government is convinced that forced labour prevailed in the Soviet timber and coal industries and that the Soviet standard of living is below any level conceived in Canada.
LASTS FILL IT'S LOST.
KRO-FLITE
CAUSES A SENSATION THE ADVANTAGES: OF THE MULTIDOT EASIER TO HIT because the dots indicate mom accurately the part of the ball which should be struck? EASIER TO FIND because the doh are brightly, contrashed with the ball and surroundings. EASIER TO IDENTIFY becaus
GOLFBALL
It's the only ball, with, the scientifically placed sjöla, sa
FOR PLAIN HARKING.
AG. SPALDING & BROS. (British) Lid. Export. Dep 76, Cheapside, London, ECX
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