1933-02-13 — Page 2

Page

ALL SUITS AND FROCKS SENT FOR DRYOLEANING ARE RETURNED EITHER ON SPECIAL ENAMELLED WIRE HANGERS OR PACKED IN CARDBOARD BOXES.

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No. 60. Queen's Road, Canizal. Tal, 11279.

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Flacon de Luxe Grand Modele. A Hygienic and Refreshing Ferfume in great favour on all Overson Markete."

OBTAINABLE FROM→

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THE PHARMACY,

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TZL 57155.

HONG KONG DAILY PRESS MONDAY, FEBRUARY 13, 1933.

BRITISH LOAN OF £4,080,000

BOXER FUNDS FOR RAILWAY.

COMPLETION

SIGNIFICANT GRANT FOR BENEFIT OF EDUCATION

Detalled. Discussions.

A.

Shanghai, Fel. A loan of River Conservancy Board; and the $4,090,000 to the Ministry of Rail- report of the Construction Com- ways for the completion of the Han-mittee in connection with the build kow-Canton Railway was granted | ing of the Board's headquarters at by the Board of Trustees of the Nanking, which will cost 845,000, British Boxer Indemnity Funds at |a gonnial meeting_held "yesterday morning at the Chinese Bankera

The loan for the Hui River Con Club, Hong Kong Road. The servancy was requested by. Geu, loan grant is one of the biggest in Chiang Kai-shek, Chairman of the the history of the Board, and is Conservancy Board. Following considered exceedingly significant, lengthy discussions, it was resolved as the property of the Board to accept the request on principle. to hurt £11,000,000 in its' The report by the Construction : Committee on the purchase of the site in the capital was dleb accept- ed.

amounts

entirety.

The interest of the loan is 5 per cent, per annum, the standardised rate of the Board, which means While the loan grant £4,000,000 that the Ministry of Railways will to the Ministry of Railways hhê have to pay a sum of approximate-been passed, detailed discussions ly $3,500,000 a year on interest in connection with the issue, of alone at the present rate of ex-public bona and other miscel change. A spokesman of the Board ; laneous questions concerning the told a representative of the "North- loan grant are to follow. It was, China Daily News" that all the however, learned that the entire interest collected by the Board will ; losa will be extended to the Minis | be devoted to educational cause in try of Railways in inatalmente to

China.

I be paid up within a period of four

The loan is made up of the fol-years, No. definite date has been lowing proportions: £1,200,000 to fixed for the next meeting of the

Board.. be issued in public bonds; £1,800,000 || in materials; £700,000 in cash; and £550,000 re-investment.

Securities Offered.“

The grant resulted from pro tracted discussione between the Finance Sub-Committee of the Board and representatives of the Ministry of Railways. The securi- ties approved by the sub-committee and by the general meeting of the Board consist of the following: The nett profit of the Canton Shaokuan line; the gross profit of the Shaokuan Lakchong line; and the entire revenue of the aurcharge on the passenger and freight trans portation of the various Chinese Government railways.

i

|

Among those who attended yester day's meeting were Messrs. T. K. Treg. Yeh Kung Cho, Dr. Cha Chai Hua, Dr. J. Heng Liu, Messra, Trong Young fu, Chen Chi-teai, Li Shih Kuning, W. A. Donald, R. Cal- der Marshal, N. S. Brown, and Kenneth Cantlie. The Board con xists of 15 members, and four were l'absent.

Provisions Made.

The resolution of the Finance Committee which was accepted at yesterday's 'meeting follows:-

"The Enlarged Finance Com mittce, having carefully considered the security offered by the Ministry of Railways, and basing its con- clusion on the figures provided by Besides the acceptance of the the said Ministry, is of the opinion

that the security offered is adequate' Ministry's securities and the pass-to cover interest and amortisation ing of the final decision to grant for loans in materiais and cash. in. the loan, other business at the meet accordance with the estimates pre- ing included consideration of a loan of 899,000,000 to the Bui pared by the Ministry. While the Commmittee recommends the necept- ancer of the seiriritý specified, it is of the opinion that provision should be made in the agreement to be en- tered into as follows:-

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1 The Hoard should retain a first lien on all moveable and im- noveable properties supplied by it. "The Ministry of Railways should be required to give an un- dertaking accepting full respon sibility for payment of interest and amortisation, in the event that the above-mentioned security may fall short of the amount needed for these payments.

"Questions concerning control of security, bond issues and other mat- ters should be the subject of fur ther consideration and he mutually agreed upon."

GENERAL COHEN ON MANCHURIA

OIL RESOURCES. COVETED BY JAPAN

Generi Murice A. Cohen, who is at present in Europe in the intereste of trade and good re- lations between Europe, and China, paid another visit to his parents in Manchester after a journey to Paris and Geneva, and in a brief inter- view with a representative of the Manchester Guardian discussed the present situation in Manchuria.

Many people are under the im pression that Japan needs Man- churia for colonisation purposes. That is absolutely wrong. Japan has had the sphere of influence in Manchuria for a number of years. There was absolutely po restriction of emigration from Japan into Manchuria. She was dominant in that country. She did her utmost to colonise it but because of the climatic conditions and the low standard of living of the Chinese in Manchuria the Japanese could not compete and would not emigrate to that country. My personal be ief is that Japan wante Manchuria for its natural resources, especially its oil, because if Japan were to go to war with a first-class Power that is one commodity for which the would have to depend upon outside sources. I believe the militarists in Japan made up their minds to secure Manchuris for that sole par pose. And this, is the common be lief in China,

It has been said that Japan-has been talking about Manchuria for the Manchus Well, that is as big joke to people în China as it would Lbe tolin yahat the Amatiran fovern. ments should return the States 40 the Red Indians because there is just about the same proportion of Manchus in Manchuris as, there ar

Indians in North America. V

TRAINING NOTES AND TIMES

ON SATURDAY: SPLENDID FORM SHOWN BY COO COO BAY AND TRENTBRIDGE

MANY FAST GALLOPS

(BY

MORNING DEW '')

There were plenty of fast gallops the Derby prospects.

fast times returned. City of Bris- on Saturday morning, and some Autumn Star, Brechin, Street, bane did an excellent mile under startling times werd returned. Coo Singer and Mayflower all came Mr Butler and returned 2.03,4 Coo Day and Trentbridge two of below the 30 seconds mark in the last quarter 27.4. This is the best" the favourites for the Derby both last quarter.

gallop to date Tecumseh (Mrs) did exceptionally well, the former

Among the subscription griffins, last quarter, doing 27.9. Sam. Dunbar's) also, rattled out fast. recording 27.2-over the last quarter while the latter did a mile in we are having some fast work at covered his last quarter in 281 and 2.08.3, finishing the last quarter in last and a few of the better ones Ration, and Bnbul tore up their 28. Comment is superfluous. It are now sticking out prominently straight in their run home. The is difficult to pick between these King Salmon ran quite convincing Raincloud did a fast mile, but the

ly and looks a good thing for the last quarter was not impressive, Valleys. Black Velvet too, did quite an impressive gallop on Just take a look at Woodland A lot of old ponies were clocked. Thursday Black Rock, Springfield Stag's time over three quarters of and Auction Bridge are all travel a mile! Polar Star went over ling convincingly.

slow work. Diana Bay cantered Among the Australian ponies over a mile and a half as did Li- there have been some crackingly borty Bay. Both are very fit:

two.

Charming Star's time is also given. The pony was tried out on Thursday and although his per- formance cannot compare with the favourites, he is a big factor to remember when one is calculating

Alda..

Autumn Star Bootle.. Brechin Charming Star Coo Coo Bay Cossack's Beauty Double Face Esk... Foolscap

Gleh Slibe......... Hazel Leaf.

Jack Sharkey ne Jungle Jim....

King's Company. Maria Petra... Mayflower...... Moiyatohu Mignonette... Naughty Face Night Patrol Per so Poker Face Solar Ster

Stourbridge. Street Singer Tenorio....

The Cavalier The Godthit The Roundhead, Trentbridge Widnes....

Auction Bridge Black Book.... Black Velvet.. Brown Willy....... Charming Face City of Canton Gold Bridge Hey Tor

Iron Grey

41.4 1.30.1 1.56.1 9.31.4 9.06.1 8.37.2 91.1

1 34.3 1.08.2 1.42

1 88.3 1.11.2 1.48.3

80.1 1.02 1.37

1. 40.2 1.17.1 1.59 3.23.4

1 39.4 1.04.2 1.97.1 2.05.3 11 36 1.10.2: 1.44.2° 2.17

34,1

Griffins

Dis Tat tance Qr.

2nd 3rd 4th 5th QI, Dr. Qr. Qr 140.4 1.16.2 1.50 2.24.3

Qr.

6th Last

Qt.

34.3

142.2 1.21.3 1.58.1 2.27.4

29.3

11 86 1.10.2 1.41.2·2.17 2.51.3

94.3

1 40.1 1.15.4 1.51.9 2.36.9.2.56:8

29.1

11 42.3 1.229 201 2.49 3.17.2 3.45 37.5 11 44 1,92 1.68.4 2.81

3.00.8

29.3

1 41.1 1.19.3 1.55.4 9.81.18.06

1 35 1.09. 1.42

2.16.1

94.1

11 19 1.40.1 2.27.4 3.11.4 3.52 4.45.4 99.4

1 35 1.09. 1.43 2.14

32.

1. 35.4 1.10.9 1.44.3 2.19.3

85

11 42 1.18.1 1.56 2.81.3.3.06.1

+34.8

1 95.4 1.10.3 1.44.4 2.18.3

31.4

1

39.1 1.16.2 1:50.3 2.21.

30.9

1 40.4 1.16.1 1.50%

2.84.3

34.3

1 -37.9 1.14.2 1.48.4 3.21.2 2.50.1

28.3

1 89 *1.16 1.53.2 2.27

34.3

11 351 1.19.3 1.50 9.29.4 2.58.1

30.2

1.57

1:50 2.40.3 3.19.4*·

99.2

1

35.4

1.10.3 1.44.4 2.16.9

81.4.

1

36.3 1.11.2 1.48.3.19.9

91

1 41.1 1.19.2 1.55.4 2.91.4 - 9:06

94.1

1 411 1.19.9 1.56.9 2.82.3 3.07:4 3.40.1 92.2

Spotted Butterfly.

1

32.2 1.07.1 1.45.3 2.15.4

90,1

1

89.2 1.14.1 1.48

9.18

90

1 40.9 1.16.2 1.61

2.19.3.

28.g

2.14.2 2.46 2.19.3 ̧·

81.3

31

35

31:4

29.2

2.51.3

84.3

Subscription Griffins

11 47.11.30.1 2.11.3 2.48.2 3.20.3

821

89.3.1.14.2 1.45

30.3

47.1 1.30.1 3.11.3 2.48.2 8.20:8

32.1

38.4 1.16.8 1.51

34,2

41.4 1.293.09

... 89

39 1.19.4 1.55

351

1-

41 1.19 1.58

2.37

34

1 40.2. 1.17.1 1.52 2.23.4

81.4

Jaak O'Lantern

36.3 1.10.2 1.43.2 39.3 1.17

33

1.53.2 2.26.2

32

Jingle

1

42.4 1.26.4 2.12

2,46,4

84.4

1

39.1 1.16.2

4 38

1.17

1.50.3 2.21 1.51,2

30.2.

34.3

1 41.1

1.19.8 1.66.1 3.08.3

33.2

1 42

1.22.3 2.09.1 2,41

3.16.2

35,2

Partnership... Philterer....

1 43

1.21.1 1.55.1 2.29,3

33.2

97

1.13 1.47"

94

Spring Field ume Swale

1 41

1.20.3 1.57 2.29

-82

1 84.9

1:08.3 1.48.2 2.17

33.3'

199

1.16

1.52.2 2.27.

84.3

1 34.2 1.08.3 1.43.2 2.17

35.3 1.09

93.3

33.2

28.9

27.4

29

2.16.3

:30.9

2.29

3.02.9 3.34,181.8

2,27.2 2.66.2

29

2.12.9

28.8

2.39 9.00.2

27.2

2.01.4

30,4

98

28.1

85 1.09 1.39

80

Old Ponies.

# 96.4 1.19.9 1.44

30.8

1. 50

1.95.8 2.13.42.45

BE1

1 47

1.33.4 2.17.2 2.59 9.31.1

32.1

.I. 42**

1.19.41.54 2.23.2

29.2

183.2

1.08.9 148.4

35.2

11 36.4 1.12.4 1.49.3.2.23.2 4.54.3

31.1

1 88.3 1.16.1 1.53.4 2.37.4 132.31.03.4 1.37.8 4.09 4 195.2 1.10.9 1.44.4 2.14,3 1861.12 147.2 2.18.4 134 109.3 1.45 2,18.8 2:50. 188 1.14.3 1.49 135.2 1.13 149

34.

31.2

29.2.

81.2

81.2

2.22.2 · 2.53

80.8

186 112 1.46

2.21 2.19.3

82

84.8

186 1.12 148

9.19.3

04.8

29.1

1:

84.2

9.81

4.09.3 52,1

80 t

80

King Salmon

Krata Viz...

Lucky Star Ont. Yosh

Ti Pehatie

The Goat.

Wonderful Chivalry

Bulbul

City of Brisbane «

Golden Dawn -

Ngtak Night Star Portia

Bahon...

Tecumseh...

The Raincloud Bam

What's That.

Blue Star Alexandra Hall Navy Hall Valorous.... Imperial Hall.. Daylight Eve.. The Rainstormi Bag & Baggage Gay Crusader. Indians Gleneagles Riding Boy Bistte.. Whoo

Eve.

Hetman Adam Diana Bay! Calliornis ... King's Bounty Do

Pocahontas...se Helter Skelter Gold Key.... Sitting Ball King's Justice Das

Liberty

Friar Tu

City of Malb

Conny...

But After That

Australian Ponies

1 88.3 1.12.3 1.44 3.12.8

1 34.2 1.06.21.36 2.09.4

11 97.8 1.12,3 1.36.3 2.39 · 9.48 1-41

1.14 1.46

1. 42.2 1.19.2 1.55 1.43 1.18.2 1.55

1 38,31.12.31.44.

141 1.21 1.59 191 1.01.2 1.31

1.10.3 1.38.4

41.1 1.16.2 1.45.9

40:3 (1.20 1.59.1 2.83.3

11 471.29.1 2.11.4 2.59-|

1 82.2 1.07.1 146.3 2.16.4:

35.4 1.10143-

140 1:33.1 4.00 2.30.3

864111135)

130 110 148 3.16 4 36 111.2 1.46.8 - 188 114 1.4842.20.1

139.2 1.141 1.48 2.18

33.3 1.09 1.41 2:10.4 2 323 1051 1861-----

1-40:8:1,20 W/ 1.56.958.30 A 17 43.11.21.4157.9. 9.08.3- 1} 41.2 128′′ 2.02.2 2.43 E

Old Australians

10 34.8-1.06.8-1.36.9 2.07.1

30.8 84

34.1 81.9-

30 29.40

82.8 81

8.20 9.614 214

(3014)

11 48 1342.08.2 2.41 3.19.1 3.523 337

4 38 -1.10.1 1714

18811319-114

239117 109.29.21:3

36 1,098149 “

44.68.1481 51:12:11391 86–1.12118--