1937-07-02 — Page 6

COME FIRST TO

POWELL'S

SALE

TO-DAY.

HONG KONG DAILY PRESS, FRIDAY, JULY 2, 1937.

IMPERIAL

AIRWAYS

EXTENSION

New Agreement With Government

VON NEURATH'S

VISIT

"Nothing Fixed Up"

derson (Labour, Tradeston) as to whether it had been decided when the German Foreign Minister, Baron von Neurath, should vist London,

SOVIET BOAT SUNK

Situation Settled?

London, June 30.

London, June 30: "Nothing has yet been ized, up.", The news that the Japanese and declared the Foreign Secretary, Manchukun forces have sunk a Mr. Anthony Eden, replying to Soviet armed patrol boat in the According to the "Times" of June question in the House of Commons Amur River has been received with 19. shareholders of Imperial Air-yesterday from Mr. Thomas Ben- surprise and concern in London, as ways, Limited, formally approved a

carlier despatches tended to show tesolution increasing the capital to

that the difficult situation, arising £5,000,000 and thereby set the seal

from the dispute over ownership of Inauguration upon what Bir

of the Sennufa Islands had ap- George Beharrell, who presided in

*parently been settled, the absence of Sir Eric Geddes, Answering a further query as It is hoped this new incident Justly described as a "new era in to The price reductions

whether the visit. had been will be settled amicably without" the history of the company," As cancelled or merely postponed. Mr. causing fresh tension an the announced at the meeting last Eden sald the German Foreign frontier- November, this large capital. In-once had declared at the timeReuter crease the present share capital that the visit was merely post- amounts to no more than £649,089 poned. Pranioccan News Service.

Only twice a year-in June and January do you have the wonderful money saving opportunities offered by Powell's Sale.

"during these Sales are generous and genuine-they

embrace nearly all regular stocks of Powell's " standard quality merchandise.

GENEROUS REDUCTIONS

in all departments."

Wm. POWELL, Ltd.

Specialists in Gentlemen's Wear

10, Ice House Street.

TRY

"" ASAHI 99

THE BEST BEER ON THE MARKET

RENOWNED FOR FLAVOUR AND PURITY

'ASAHI"

IN DARK BOTTLES

SUN IN LIGHT BOTTLES

Obtainable at:-

Ty Shing Co.

Matsumoto & Co.

Gande, Price & Co. Ltd.

Sold Agents

M.B.K., LTD.

Tel: 30272.

EX

LOUEUR

Bisset's

FINEST LIQUEUR SCOTCH WHISKY

TASTE

OPTORG COMPANY.

CORG

OMPANY

is required to enable the com- pany to finance the enormous ex- tension in its activities contem plated by the new agreement en- tered into with the. Government. After giving full details of the lat- ter agreement, which provides, it may be recalled, for the carriage of first-class mails free of surcharge to Empire territories, Sir George Beharrell suggested that the board ought to be allowed a certain dis- cretion in deciding how the re

|

SINGAPORE AIR BASE

London, June 30.

the total pstimated cost of the It was stated in Commons that

Military Air Base at Singapore was four-and-a-half million pounds.

The cost incurred up to March 31, was £1,394,000. This had been met by contributions from New

REPORT ON

8

PALESTINE

London, June 30, The Colonia Secretary, Mr. Ormsby Gore, announced in Com-- mans that it is proposed to release the Royal Commission's report on Palestine in time for "Its publica- tion, as a Command Paper, con- taining a short statement of the policy of the British Government, on the morning of July 8-

quisite capital was to be raised. It i Zealand, the Federated Malay | British Wireless,

was proposed therefore to authorize States and the Saltan and the the creation of a further 4,000,000 State of Johore, amounting to shares and to empower the direc-

£250,000 and the remainder out of tors to issue such a number of Air Votes. In addition there was a these, either as Preference or Ordl-gift of land by the Government nary shares, as might be determin- of the Straits Settlements. ed by market and other conditions.

British Wireless.. He then made the important an- nouncement that the board had decided to invite subscriptions at once for 1,000,000 Ordinary shares. PROVISION FOR ORDINARY DIVIDENDS

TORPEDO OR MINE?

London, June 30. -

MORE SOVIET ARRESTS

Moscow, June 30. About 80 per cent, of the leaders of the defence organisation. Os- soaviachim have been arrested for having been too closely connected with the recently executed leader of the organisation. General Eld- mann.

MI Eden said "in the House of Commons that according to such

It is also announced that the information as was available, it

entire organisation, the largest in was not possible to establish de- Russia, is to be reorganised, es- finitely whether the Spanish mer-pecially in the frontier districts." chant ship, Cabopalos, reported"

Frahmutean News Service sunk by a torpedo, sunk by a torpedo or mine.

was in fact

added that he

He understood that General Franco's forces" possessed some submarines.-

Britian ireless

ANOTHER NEW

AIR SERVICE

-

The meeting approved an im- portant proposal touching the division of profits as between the Ordinary shareholders

and

the Government in its capacity as hol- der of the Deferred shares. The existing arrangement whereby the Ordinary shareholders are en- titled to "an appropriation out of profits" for the year equal to a dividend of 10 per cent.. any sur- plus remaining thereafter being shared equally with the Deferred shareholder, is to be retained. In view., however, of the fact that it

Stockholm, June 30, may not always be practicable or

A new afr line between Stockholm desirable to make an immediate and Moscow was opened yesterday distribution to the Ordinary share-when the first plane arrived from.j holders of the full amount it is now the Soviet. proposed at any balance not im-1 mediately distributed shall be placed in a special fund and re- served exclusively for the payment of dividends оп the Ordinary shares, as and when the directors think it prudent to distribute the fund. The chairman was careful to explain that the dividends payable from this source would not neces- sarily be fixed at 10, per cent., but might exceed or fall short of that figure. The proposal would seem, in reality, to establish a dividend equalization fund, and. chairman explained, it will start with £150,000 to Its credit, for by agreement with the Government this amount is to be earmarked for the benent of the shareholders out of the company's free reserves.

5 the

BISHOP PAYS TRIBUTE

Thank God For

Stanley Baldwin'

The line will be maintained by an equal number of Swedish and Russian planes. "

The first machine to cover 'the

CONSCRIPTION LAW.

Nanking, June 30. The capital has taken the lead in the enforcement of the con- scription laws.

The city government, in Co- operation with the military police. are completing a report of the number of able-bodied men in the

least 30,000 into the army between city and it is hoped to draft at the ages of 20 and 25.

Nanking's

conscription .pro- gramme provides for the training of 40,000,000 Chinese throughout the country.--

Reuter.

route carried a valuable cargo in SIAN REBEL LEADERS the form of 188 kilogrammes of Russian gold destined for London.- Traineean News Service.

SIR JOHN MAFFEY RETIRES

London. June, 30. Sir John Maffey retires to morrow from the office of Perman- ent Under-secretary of State for the Colonies, which he has held since November 1933.

LEAVE

Shanghai, June-30.

It is reported that, General Yang Hu-cheng, the rebellious Pacifica- tion Commissioner of Shensi Pro- vince, together with his wife and son and members of his staff, left for the United States by the Dollar liner President Hoover yesterday:

General Yang Hu-cheng will visit | After touring the United States,

England, Germany, France and other countries.

As stated last April when Sr John Maffey's impending retire It is also reported that Marshal ment was announced, he is sic- Chang Hsueh-llang, the Bian rebel- ceeded by Sir Arthur Charles Par-chief, and former Commander of kinson, an assistant Under-Becre- the North-East Punitive Army, who tary of State-

British Wireless.

SINO-JAPANESE

DIPLOMATIC

RELATIONS

Nanking, June 30. Foreign Minister Wang Chung- hut is continuing his stay here, it Is understood, in older to meet The Bishop of Worcester, Dr. A..

the Japanese. Ambassador, Mr. W. T. Perowne, who some time higeru Kawague, who is schedul ago "thanked God for Stanleyed to arrive from Tokyo on Friday, Baldwin," paid another tribute to The Foreign Minister is alleged to the former Prime Minister when have informed the Government addressing the the Worcester to this effect and of his intention Diocesan Conference recently. of holding a conference with the

"Much has happened since we envoy on July 2 last met as a conference," he said. The authorities are seriously "Our national life, has confronted concerned over the strained state and satisfactorily over-come a of Bino-Japanese relations and are constitutional crisis of first-class in this respect looking forward to magnitude, thanks to the strong

new instructions from the Japan Christian consciousness of these Government which Ambassa people of Great Britain and the dor Kwagoe is said to be bringing Independent Dominions, under the with him. Many Chinese dip guiding hand of our late Prime lomats are convinced that the re- instatement of Foreign Minister Koki Hirota is certain to cause new developments in Bino-Japan- ese diplomatic relations

Minister.

"When I ventured at the Dioce san Conference some time ago to say that we in Worcester, were able, whatever our political colour might be, to thank God for Stan- ley Baldwin, I had quite a number of protests against bringing polt tics on to a church platform.

“I venture to think that sub sequent events have amply just ded my expression of thankfulness to God that we had him at the helm' lart. Dec

After conferring with Mr. Kawa

Dr Wang will visit Kuding

has been lying in Fenghua, is also making preparations for a foreign tour.-

Chinese Evening Press.

KUM CHUK RAPIDS

Launch And Junk Traffic To Be Resumed

KAIPING COAL

FOR HOME, FACTORY, & POWER HOUSE

HOME, FACTORY

J

AND BUNKERS

POWER

HOUSE,

TUGS

LOCOS.

THE KAILAN MINING ADMINISTRATION

DODWELL &00.. LTD.. Agents, Hong Kong

Always right on the Spot-

"YESSAH! P. D. Q."

PETER DAWSON

THE

"Special"

SCOTCH WHISKY

Obtainable Everywhere

Sola Agents-

H. RUTTO JEE & SON

MR. T.V. SOONG IN KWANGSI

Canton, June 30,

TO IMPROVE

CONDITIONS IN

FURAL DISTRICTS

As the result of recent conversa-

Changchun, June 30, tions between General Li Taurig Frantic polleles to rehabilitate jen, Vice-Commander-in-Chief of local finances are contemplated by the Fifth Route Army of Ewanigst the Manchukuo Government in an Province and Mr. T. V. Soong; effort to improve conditions in Chairman of the National Econo- rural districts, still confused as the mic Council, it is reported that in result of mal-administration. Pro obedience to Generalissimo Chiangeincial banks and credit organizag Kal-shek's telegraphic instructions. tions, will be formed and the Mr. T. V. Boong proceeded to maximum loan permitted Ewellin together with General L operative societies will be more Tsung-jen by aeroplane yesterday, than doubled,

bureau

Enancial

Canton, June 30. Pending the decision of the Government to remove the bed rocks of the Kum Chuk rapids by blasting. It is reported that launch and junk traffe is about to be re- sumed under certain conditions

A station will be established in It is reported that Mr. T V. Significance is seen in the fact the vicinity of the rapids for the Boong wil study conditions, and that the chief of the purpose of watching and regulat-after settling the currency pro-management ing all launch and junk trame,blem and completing his invest Finance Ministry is now

During the day a red flag will begations, and conferring with Gen He fconferring on the projected nown at the danger spot, and at erat Pel Chung-ha, Pacification reforms Bince his ins lation as night a red light will be shown. Commissioner and Commander-Finance Minister, Mr. Traffic will be resumed from July in-Chief of the Fifth Route Army. Chin has also been 1 following the establishing of the he will fly to Loo Shan about July energy, to the scheme, station

3 to report to Generalissimo The projected reto Chinese Evening Press...

Chiang Kai-shek

the establishment of It is stated that General L concern in each Trung-Jen ** will accompany✨✨ Mr. Boong to Loo Bhan to attend the National Balvation Conference, develop

HIGHWAYS

KWANGTUNG

Canton, June 30.

Intere

depressed local

convened by the Generalissimo.. also be linked with

Another report states that Gen- Bank inchou and the the rest of the summer there and on the temporary capital, to spend At a meeting of the Government erai Pel Chung-het and Civil Goy Industrial Bank

presided over by Civif ernor Wong Kuk-chor will alsoton Hewit

Gen

Ten-cher, proc

to report the outcome of his con- Coy

ference to the Government. Chairman of the Kwang Chinese circles here meanwhile vincial Government, 12 continue to remain pessimistic to place the Highways over the immediate future of sino under the control of the

apeneses

ment of Chinese Events

Onion

dec

with Mr.. Soong: to - Loo

visit of Mr. Soon to created an excellent im- blems, and the removal of a

ferences and misunderst Mr. Boong's with the Nanking, Central ellin will mean the ment many krotty pro- Chinese Evening. Fress