1935-04-17 — Page 11

HONG KONG DAILY PRESS, WEDNESDAY, APRIL 17, 1935.

MAIL NEWS FROM CHINA OLD AMERICAN

MORE PLANS.

For Financial Relief

[Special to the Hong Kong Dal

Press" (Courtght).1"

Shanghai, April -10. According to a decision reached at a meeting of the Executive Committee of the Chinese Bankers Association yesterday, internation- al money orders are to be accepted and cashed in accordance with an exchange rate to be fixed by the Central Bank of China. This is taken as a further step for the re- lief of local commercial and In- dustrial enterprises.

Based on the recommendations by a sub-committee, specially ap- pointed to study the question. which, consists of representatives of the Bank of Chiria, Bank of Communications, Shanghai Com- mercial and Savings Bank, Nation- al Commercial Bank, Continental Bank. Hsin Hwa Bank, China State Bank, Manufacturers" Bank of China, Silk Industry Commer- etal and Savings Bank, money or ders received by local commercial

CHINA AND THE OLYMPICS

**To Study Form'

[Special to the "Hong Kour Daily

Pro" (Capright),1%

Shanghai, April 11. ⠀ The Physical Education Com- mittee of the Ministry of Educa- tion held its 3rd plenary meeting at the premises of the Chiaotung under the chairmanship of Mr. University,Shangbal, yesterday.

Kao Keng Sheng. Superintendent of Physical Education. There were in attendance over 20 delegates and Directors of Athletics from Nanking, Honan, Tsingtao, Shang Hunan, Shantung, Hopel. Kiangal hai. Kiangsu, Cheklang, Hupeh, and Kwangtunk.

On behalf of Dr. "Wang Shin Chieh, Minister of Education, Mr. Chang Ching, Director of the Social Education Department of the Ministry, delivered the opening

speech.

Following reports by the mem- of the Directors of "Athiction, the bers of the Committee and some

NEWSPAPERS

Popular In Canton As Wrappers

(From Our Speelal Correspondent)

Canton, Apr. 16.

Old American newspapers have a good circulation in Carton, De- ing gladly welcomed by Chinese people in all walks of 'He

So many American newspapers ton government doubled the ex- are imported here that the Can-

cise tax to six dollars Mex. for one picul or 133) pounds. St this import has not decreased.

Of course these papers are over- issued stock mostly from Ameri can cities along the Pacific states, and they can be shipped directly to China without railway trans- ton but all others find that it i purtation expenses. Not only Can- economical to use American news- papers as wrappers,

Chinese fragile and not large enough for

newspapers are

Wrapping purposes. Moreover, the printing ink on the native papers does not stay fast and smears the articles, they wrap.

Over-issued

too

American держ

and industrial concerns from for meeting discussed the question af / Papers have therefore a clear field

eign countries should be payable

in Canton. This gave the enter-

in cash before the due date with sending physical education au prising ofciais an excuse to ir:

a view to relief. It was further recommended that the Central Bank be asked to announce daly the rate of exchange governing the cashing of money orders. Money orders thus accepted by banks, the commendation. fur ther urged, should be recognized by the Ministry of Finance as part of the cash reserves against bank- notes issued.

At the meeting. It reported that the total

of pledges by member banks towards the Credit Loan Fund has amounted to more than $2,000,000. Members of the Chi- nese Bankers Association and the Native Bankers Association, ab- cording to a previous agreement, are jointly to raise the total of $2,500,000, half of the Credit Loan ∙Fund of $5,000,000, while the other half is to be appropriated by the Finance through the Central Bank.

China tearn to the forthcoming ministrators, together with the

World Olympics, in order to study eign countries. The proposal was the development of sports in for-

recommended to the Ministry for adopted in principle and will be

execution,

SCHOOL GYMNASIUMS A recommendation made by Mr. Wm. Z. L Sung, Secretary-General

of the Chinese National Amateur Athletic Federation and of the holding of the 8th National Athie- Preparatory Committee for the tic Meet, relating to the opening of a special class this summer by the C.N.A.AF. for the training Ministry of Education will be ask of athletes, was approved. The

et to Instruct the Provincial De- of Education to appoint physical partments and Municipal Bureaux

instructors to attend the class. The Ministry will also be requested to examine and standardise the athletic terminology used in this country.

opening of school gymnasiums to The principles governing ne the public In order to encourage mass physical education was also adopted.

T. V. Soong Interviewed Mr. T. V. Soong, member of the Standing Committee of the Nation- al Economic Council, and Chairman of the Board of Directors of the Bank of China, in a press inter- view yesterday, declared that his principal duty as chairman of the Board of Directors of the Bank of China is to ensure the effectivs carrying out of the Government TO WIPE OUT ILLITERACY

banking policy.

"The object of the Government

in recently increasing its interest

the

in the Bank of China and Bank of Communications was to co-ordinate these two. banks with

China United Press by mail).

Special to the "Hong Kong Bally Press" (opyright).]

Nanking, April 10: An extensive programme is be- the Central Bank of China on po-ing considered by the Central licy," Mr. Soong said. This action was not directed at any person or persons, so I came into the Bank of China as Chairman of the Board of Directors without bring ing a single man with me. I do not intend to bring in anyone. The staff or the Bank of China realize this attitude of the Gov- ernment and are continuing to give the same loyal service as heretofore."

Government to decrease the t- eracy in the Country. According to the latest estimates, 80 per cept. of China's population is lift- erate, which means that of the 436,000,000 in this country, 343- 875,000 men, women and children are unable to read or write.

Of this nummer" there are more than 5.800.000 over 50 years of age, 43.000.000 under six years of age 1,000,000 who are deaf, dumb or mentally defective.

plea of protecting the paper. In- crease the tax on them under the

dustry.

Even olly cooked meat is wrap- ped in American newspapers, as boiled chicken etc. are among the stores selling fried pork, and duck.

biggest buyers of such papers. The meat is, however, first cover- ed by dried lotus leaves, which preserve the flavour and taste of

the food during the transit be- tween the store and the home.

Chinese people have a reputa- tion of not They have made use

wasting anything. issued American newspapers, which of over- would have gone to the dust bin.

RISING VALUE OF SILVER

China To Take Measures?

(From Our Special Correspondent)

Canton, Apr. 16. The opinion 1s expressed in commercial circles here to-day that Dr. T. V. Soong, Governor of the Bank of China, would devise a scheme to arrest the rising value of silver" continuous buying of white metal as a result of

by the United States.

silver, the exporting business is Owing to the high value of practically at a standstill. Foreign merchants in Shameen, whose salaries are paid in gold dollars by the declining value of these or pound sterling, are hard hit by

currencies. The consular

staff durable exchange. are also affected by this unfav-

In view of the critical situation in the exchange market, bankers here believe that Dr. H. H. Kung, Minister of Finance and Mr. T. V. Soong have a plan to cope with the situation, as they are in con- trol of three of the leading Chin- ese banks in Shanghai.

Montague Norman of the Bank of Comparing Mr. Boong with, Mr. England in financial ability, the Canton Daily Bun writes:

editorially

Mr. Boong went on to say that it is the propose of the Govern-

Actually there are about 202,- ment to make the Centrar Bank 000,000 persons who should be a "banker's Bank, the Bank of educated. The Government's three- China a foreign trade bank, and year programme plans to enable the Bank of Communications a these persons to read and write bank specializing in industrializa-1,000 characters within this period. tion. It will be the alm of the All Government organizations and Bank of China to avoid compett Kuo Min Tang headquarters will tion with the Central Bank of

be responsible for assisting the China, w far as Government drive. Those in Government em business is concerned, The Bank ployment are to act as voluntary of China will direct its attention

"Thanks to the tireless energy teachers. Mass-education schools and foresight of Dr. Karg entirely, towards business, devoting for the poor will be established only Mr. Soong's co-operation itself especially to the assistance Government. and Kuo Min Tang secured but we can of China's export trade-

organizations are given a quota ofera of bold financial and currency foresee an China, United Pren (by mail),

100,000,000 people to be educated reforms to ensure the rapid de- within three years. It is estimat-velopment of trade and commerce ed that including the salaries of in China as well as to bring finan some teachers, the entire pro- cial stability. gramme will cost annually abotit $1,967.000.- China United Press (by mail).

VOLUNTEERS RENEW FIGHTS.

[Special to the "Hong Kong Daly Press (Copyright).}

body of 50 Japanese officers and Another report states that a soldiers were completely annihilat- ed recently near Lingyuan," Jehol province by a group of 200 volun- teera. The Japanese troops at Chinchow have been dispatched to pursue the volunteers... China United Press (by mail).

Pelping, April. 7. According to various reports re- ceived here to-day the anti-Japan- ese volunteers have renewed their activities in Manchuris, and ser c nghting is in progress

The most important news comes from Liaoning province to the effect that 1,000 volunteers oc- cupied Chingchuen district on April 4. Fighting is also in pro- gress in eastern Kirin. Hustlen Brought before. Mr and Heishihchen Japanese om Jones at the Kowloon Police Court cials admit that it is most diment yesterday, Lei Lin, unemploy to set the districts on the Eins admitted stealing an electric and Liaoning border under control. They declare that the volunteers Are communists.

Wynne

globe from a school on the second oor, of 342 Shanghai Street and was sent to prison for six weeks.

|

tint

"When problems for the organization of finance and bark- ing in China are to be consdered. it is happy to see this close co operation between Messrs Kung and Soong for a common erci

Twelve defendants in a charge of gambling were absent when the case was called before Mr. Scho- field, at the Central Magistracy yesterday. The arst defendant, Yeung Ching was further charg with keeping a gaming, house No. 147 Johnstone Road, floor and his ball of $25 estreated. The other elevend fender Nad Zelf-ball of $3

picked up by the pollo ed to be put in the Foo

order

10

Ia

CROSSWORD

PUZZLE

19

ני :

Note:-Figures in parentheses indicate number of letters in the 'words required.

Across 4--Clerical vestment (8) B-Agreeable (8)

-Reveal (8). 10-Cannot be penetrated (10). 13-"Stop! Enough!" as aallors

say (5). 14--Wandering (6) 17-Stagger (8). 21-Desire eagerly (5). 24-Excessive love of everything

English (10), 25-Render-insensible (8). 25-Partial (8).

The following is the solut lon of yesterday's puzzle:-

Across-1, Mania; 6, A-gent; 9, Retract: 10, Smile; 13, Terra; 18, Sence: 18, Scanned; 20, Card- board: 21. Daft; 22, Ugly: 23. Underwear: 28 De-cried; 30, Alberta; 33,-As-hen; 34, Adieu; 35. Nearest: 36, Petty; 37. Elect.

Down 1, Mess; 2, Nail; 3. Arens: 4. Steed; 5, Lass-0; 6, Attar: 7, Ea-RN.; 8. Toad; 11, Mirages: 12, Lecture: 14, Endured; 15: Replete 17, C-rude; 19, Came-1; 27-A poetical romance by Keats, 24, Ninny: 25, Edgar; 28, Waler:

(8).

27. A.B.-ate; 28, Damp; 29, "Chat: 31, Rife: 32, Aunt.

Down 1-Vertical and sound (5). 2- scene at confusion (5). 3-án excavator (5). 4Into

a gambler's den, this decoy has gone to spoil" | League of (anagram) (11).

3 Stir up (5).

6-A long sentence (5)," 7-Stop (5).. 11Hide (4).

12 A strong current (4). 15 Space (4).

18-Bo be it.(4).

18--The deep (5). 18-Really (5).

Geneva. April 15. The Secret session of the Nations Council on Monday afternoon concluded the consideration of the Italian- Abyssinian confict so far as this assembly was "concerned Baron Aloisi reiterated Italy's willing- meas

to submit the dispute to arbitration whereupon Rushdey Ares proposed that the matter be referred to the May session. Both parties. undertook to BD-

20-A Jewish doctor of the law point inembers for the arbitra-

“- (5).

31-To crouch in fear (87. 22-Bound and sufficient (5). 23-Kind of Illy (5).

NOW

ON SALE

AN

FEATURES

OF THE

DIRECTORY

tion committee forthwith where-

upon the

Chairman's proposal

was adopted unanimously.-

Transocean Kuo. Min.

Are you

Over 40?

Difficult breathing, headaches, dizziness, sleep- lessness, lack of appetite and high blood pressure are some of the dreaded symptoms of advancing age. Increasing the amount of minerals in the body is, next to the leading of a regular life, the most logical way to restore undisturbed Health.

You can do this easily with Kalzana tableta, because here you have a mineral food that builds up better Health in an entirely natural

manner.

A well-known physician describing his ex- perience of Kalzana Tablets with 6 patients, writes:

"Kalzana had a very favourable influence. The vitality of the patients improved remarkably, the shortness of breath 'disappeared and the dizziness, headache, lack of appetite and steeplessness were conquered." Start to-day with

Kalzana

The Mineral Food for Better Health Obtainable át all "Chemists, and Stores. -

11

DIRECTORY & CHRONICLE

OF

CHINA, JAPAN, MALAYA, STRAITS SETTLEMENTS, BORNEO, SIAM, PHILIPPINES, KOREA, INDO-CHINA, NETHERLANDS INDIA, ETC.

for 1935

PUBLISHED ANNUALLY SINCE 1862

ESSENTIAL REFERENCE

FOR ALL BUSINESSMEN

BOOK

COMPLETE ⠀⠀ ALPHABETICAL LIFT OF MERCHANTS," "MANUFACTURERË, PORTERS & EXPORTERS FOR THE WHOLE OF THE FAR EAST,

OLABSIFTED LIST OF TRADES & PRO- FESSIONS. LISTS OF POWER STATIONS, TIN MINES, SUGÁR CENTRALS, COTTON, OIL & FLOUR MILLS, SILK FILATURES, ETO,

BUYERS GUIDE.

SPECIAL ENGINEERING SECTION.

TREATIES

TRADE REGULATIONS.

CUSTOMS TARIFYE,

LIFT OF CABLE ADDRESSES.

USE THIS

THE HONGKONG DAILY PRESS, I.

Jon HOUSE S HONG KONG.

ORDER FORM

DIRECTORY & CHRONICLE OF CHINA, JAPAN, ETC.

1985 EDITION — $12.00 PER COPY (PACKING & POSTAGE EXTRA) PLEASE SEND US

COPIES OF THE 1938 EDITION