5
3
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66
HONG KONG DAILY PRESS, MONDAY, JANUARY 17, 1938.
SOVIET RUSSIA MUST
CHINA'S DETERMINATION TO MEET OBLIGATIONS
Dr. H. H. Kung Reviews Trade Situation
Hankow, January 16.
Reiterating China's determination to live up to her obligations by fully and promptly meeting the service of her external and in- ternal obligations Dr. H. H. Kung. Premier and Minister for Fin- ance declared in a statement to-day that in 1937 despite the Sino- Japanese hostilitied the total revenue receipts of the Chinese Goy- ernment had exceeded those of preceding 'years.
"With their spirit for sacrifice and capacity for suffering as great as their determination to resist Japan's aggression the peo- ple of China will see their country through the present struggle,” he sald
Admitting that the present bos-, imediately before the outbreak at its tilities seriously dislocated China's of hostilities trade was trade and industry and impaired peak.. of prosperity but in the Government revenues, Dr. Kung August with the advent
of war sald he believed that financially trade was reduced by more than
STRONG FLEET
EAST AND WEST
KOWLOON-CANTON RAILWAY
TIME-TABLE
On and after November 8th, 1837, until Further Notios.„
קט
BUILD
DANGER THREAT FROM
UP TRAINS
THEN
STATIONE
İLocal
Love
Kaw
Local
SHA.M
M
+
Kowloop.Dep.6.3) 8,25
8.40 9.20
Yaumati.Dep. 638
8.&3
Shatin Dep. 6,60
9.00
18.438.14
Talpo... Dep. 7.09
916
1.87) 454) .... | 5,668.27
0.28
tan
10.80 12.52
"0.36
!
1
2.0 ..... 10.43 1.02 1.872.16.17).
*6.03 8.30
16.19847
(837/8.59
Dr. H. Kung
MOMENTOUS JAPANESE
China's ability to withstand the half as compared with the preced- DECLARATION
or an
Eve
To Cease Relations With Kuomintang Administration
Tokyo, Jan. 18.
A also conference between the
strain of a protracted war was not ing month. The total value of net inferior to that of Japan. He said imports and exports dropped from this was owing to the fact that $213,000,000 to $101,000,000 in two months: Loss on Customs revenue Japan's highly industrialised struc- ture was more vulnerable to the un- was the largest. During the first settling effects of a protracted war seven months in 1937 the gross than wad China's pattern of collection under all headings
amounted economic life which was essentially
to $282.000,000 agricultural "During my recent average collection of $37,000,000 trip to Europe and America 1 monthly. During the last was able to conclude important fin- | months, however, the gross collec- ancial and economic arrangements tion was only 381,000,000, repre- Imperial Headquarters and leading in several countries I visited des-senting an average collection of cabinet ministers held at 7.30 last $16,000,000 monthly. Likewise re-night reached complete accord, oti the draft statement regarding ceipts in the salt gabelle and
definite attitride to revenue from consolidated taxes Japan's and other nationaf levies suffered, China, after which the, Cabinet sat General political stability and at an extraordinary session unt!! improved administration
8 pm. and unanimously approved venues resulted in unprecedented the draft following which the Pre- appreciation of all revenues in mier proceeded to the Palace watch he reached at 8.40 and reported to 1937 during which the total re-
the Emperoт. ceipts were those preceding years despite the hostilities. The budget would have been balanced during the current Ascal year if it were not for Japan's aggression.
pite the outbreak of hostilities. These arrangements showed the confidence in China's financial structure as well as appreciaUon of her just cause," he said.
Dr. Kung declared that the most significant factor in the successful management
China's war finance was the maintenance of relation to currency stability in foreign currencies. plishment had created confidence both at home and abroad.
of
This
accom-
EMERGENCY REQUIREMENTS
"With the emergency exchange requirements largely taken care of It seems reasonable to suppose that China's foreign payments will re-
turn to a state of approximate ba lance although on such a restricted! basis as regards both imports and exports. Gold and foreign currency deposits held abroad and standing to the credit of the Government banks has been greatly strengthen- ed in the period since the adoption of currency reform in November, 1935. Strengthening of reserves was facilitated by the co-operation of the United States Government in purchasing substantial amounta of silver from China since Novem-
ber, 1935.
To date there' seems to
have been no appreciable flight of capital due to the Government's policy of carefully supervising the various money markets," said Dr. Kung. In July, 1937, the month
MILITARY SUPPLIES TO CHINA
Transportation
Facilities.
Planned
of
Te
It is understova Mr. Kok! Hirota will be calling of the German Am- bassador this morning to explain
Certain Complications Are Foreseen
Moscow, January 16.
The Supreme Council of the Soviet Union is meeting to-day to discuss important matters. The Supreme. Council consists namely of the Counell of the Union, containing 569 depatles and the Council at Nationalities with 574 members. The Counell carried an amend- ment to the Constitution, extending wide powers to the presidium and conferring on the presidium the right to declare martial law where it is considered necessary from the military point of view.
Speakers described the amend- claims mastery of the Mediter- ment as prompted by the interests ranean. Although Germany has of defence and security amidst a signed an agreement we know capitalist encirclement and Fascist what Germany's signature means." danger from the east and west. M. Molotov, President of the Coun- cl of Defence, speaking on the creation of a naval commissartat. declared that the Soviet must build a strong fleet and added that we must consider the fact that Japan refuses imitation of her navy and the same with Italy who now
FORMATION OF NEW FRENCH CABINET
Social Democrats Refuse To Assist
An
offer made
Paris, Jan. 16.
to the Social Democrats to assist in the task of forming a new Cabinet by the Finance Minister, M. Bonnet, was
Referring to the new martial law powers, M. Molotor declared that these were previously un- necessary as the Soviet was not attucked "but
must foresee certain which make it necessary."— Reuter.
we
NOW
complications.
US. CRUISER ORDERED TO CHEFOO
'Shanghai, Jan. 16.
The American light cruiser, Mar- blehead, at present at Tsingtao has been ordered to Chefoo immediate- ly owing to a report from the American Consul there that con- siderable disorder is accuring. It appears that about a hundred
members of the so-called special police have been looting and fring
In and clarify Japanese policy and the declined by that Party yesterday their pistols into the air. There is
order to meet the present emer
statement of the Japanese attitude
evening. The Social
Democrats
Bocialist Party
M. Bonnet has now invited the
formation of a new Cabinet but to assist in the
an answer has not yet been re- cetved
Party agreed to write to M. Bonnet devised to eliminate unnecessary gency, ways and means had been published on Sunday at noon
explaining the reasons for their Japan's determiniation to chas refusal to support the Government expenditure and develop newtise drastically the Chinese Nation-led by him and pointing out that sources of revenue to
offset the al Government will form the fea- their attitude would be different decline in the, amounts received from the Customs and Salt Ad-awalted China policy declaration. Government headed by the Radical
ture of the Government's cagerly if it were
a case of forming-a ministrations. The proceeds of the The momentous declaration will Socialists. Hberty loan were also helping to emphasise Japan's determination meet the budgetary deficit. Con to cease relations with the Kuo- tributions sent home by overseas mintang administration and assist Chinese were of great help towards in the healthy development of the the balancing of China's interna- tional payments and meeting the
"new regime in China," It is learn- needs of the national treasury.
ed from authoritative sources. The policy of careful financing
The declaration points out the was being pursued by the Govern-decision to punish the Kuomintang ment in order that national re- administration was reached after sources might be directed towards the latter had repeatedly ignored the successful prosecution of the The statement will further point the Japanese conciliatory moves. war. The relatively small depen- dence of China upon foreign trade, to the failure of the National Gov- Dr. Kung concluded, greatly ernment to reflect its attitude and strengthened the country's ability demonstrate its sincerity. to conduct a protracted fight.- Japan's intention to respect the
•
legitimate interests of third parties in China will be stressed in the statement.
JAPANESE HOLD Reuter.
CUSTOMS MAN
Taken On Cruiser Troops Mutiny
After Raid On Station
Near Mukden
Japanese Killed As
no immediate danger to 82 Ameri- cans of whom 55 are adults but the Marblehead is going to Chefoo as a precautionary measure.
HMS. Lowestoft is at, present in Tsingtao. It will be recalled that all Chinese troops withdrew from Chefoo recentl Reuter,
FIVE CHIEFS
JOIN CHINA
WAR COUNCIL
Talpo Market
Dep. 7.08 Fanling Dep. 7,19 Shaungshui.
Shumchun
Dep. 7.34 8.57
Arr, 7.30 9.09
Canton....ATT. | ...
STATIONE
Puter Loca||Localumnia Local LRCRİ- SOM (TM. [PM. ĮM.
8.542.19 1.08 1,284,185.00) 5.237.56 10.01 12.20 10.18 12.3
+1.39 439] 22 16.318.02
10,971346)
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9,40|| 9.80 | 10.48 1.07) 1.41 | 5,17|5,39)|
9.48| 9.56 | 10,54 1,13) 1.46 |2,23) 6.28) 5.36 | 6,23 8,38
∙7 BB1 ...
6.00
---
DOWN TRAINS
Local
Local Laenii.com) Local Local žeme 7.3. Local pa AMAM, ATM. PM.P.M. SHP.M.} + P.M.
Canton......Dep...
**
4.80
++1
(T)
%11 580 B40 20
4.20 3.40 6.47
+
**
3.EO 6.51
6017.01 8.0617.06Ì
6.137.19
140
Shurahon.Dep 7.065 L& B30181727 Shanngabul... Dep. 7.13 8.05 10.08 12.24 2.86 Fanling.Dep 7.18 8.10 10.10 12.20 3.44 Tupo Market. Dep- 7.29 6.21 10.20 1241 2.58 Tipo Dep. 7.86 8.26 10.28|12,47| 1,04| Shatin......... Dep. 7.49 8.40 10.29 1.01 3,18 Yanmati......Dep. 8.02 8.89 10.511.14 3.81 Kowloon AFT. 8,08) 9,68) 10,87), 1.20| 3,97| (1) Will also ran on Tuesdays. Q SH. Will run on Sundays and Holidays only for 1st class passengers. 8.0 Will ran on Saturdays only for 1st class passengers.
6317.83 4.53(6,87'7.87) 7.48
Buffet and Luncheon car will be attached to this train daily.
Farther information may be obtained at the Railway Offices, Kowloon, or Canton from Messrs. Thos. Cook & Son, Lid, Hong Kong, The American Express Company, Hong Kong, The China Travel Bervion, 6. Queen's Road, Hong Kong, Mesars. Wing On Co, Ltd., The China Emporiam, Ltd., The Travel Advisert, 315, Gloucester Building, Hong Kong and from The Hong Kong & Shangbai Hotels Co., Ltd.
By Order,
R. D. WALKER, Manager:
THE
HONG KONG
PENINSULA HOTEL;
KONGKONG HOTE!; REPULSE BAY HOTELĮ
SHANGHAI
ASTOR HOUSE;' PALACE HOTEL;
HOTELS
LIMITED.
In association with the Grand Hotel des Wagons Lits, Peking.
Home Football Results
1 Northampton. 3 1. Gillingham... THIRD DIVISION (NOETH) ..
London, Jan. 15. Torquay The following are the results of || Watford Home football matches played to- day.
Bolton Charlton
FIRST DIVISION
Well-informed political circles state that M. Bonnet will draw up the policy for the new Government in spite of the refusal of the so- cial Democrats and that this will
Minister announced to the Radical soon be published. "The Finance
Chungking, Jan 16. Chelsea "Generals. Yen Hsi-shan, Feng Everton Socialist Party earlier that he
Yu-hsiang, Li Tsung-jen, Cheng Huddersfield wished to retain the post as Min- Chien, Li Ca-sen and Admiral Leicester ister of Finance and stressed that. Chen Shao-kwan were appointed
Portsmouth the social policy of the new Gov-members of the Military Affairs Preston ernment would be the same, as Council by a mandate issued by Stoke that of the Chautemps Govern the National Government yester-gunderland ment and that not many changes day- would be effected in other avenues. M. Bonnet added that he would im- pose no further taxes as the budget had been balanced.— Tranguren Few Service,
NO DECISION REACHED Paris, Jan. 18: After the refuzni of the Socialists to partake in the formation of a new Cabinet or to support the same, the Finance Minister, M. Bonnet, told repre- sentatives of the press last night
Central New
NORTHERN COMMANDS
Wolves
3 Grimsby
3 Liverpool
2 West. Brom.
3 Blackpool
0 Brentford
1 M'chester C
"1 Birmingham
SECOND
Aston Villa Hankow, Jan. 18.
Bradford General Chu Teh, Commander-
Burnley In-Chief of the 8th Route Army. Chesterfield will move his units into Shansi
M'chester U and will be in complete charge of
Norwich this sector, according to a foreign
Flymouth report.
Abemeld U. Stockport Swansea Tottenham
On the Pelping-Hankow Rallway front. General Chen Cheng. Vice- Minister of War, will be in charge
Manchu Troops Rush that he had not yet reached a de- of operations. General Chang Fa-
Into City
"
cision as to the next step he would take but that he would continue his negotiation this morning.--. Transocean News Service.
kuel
3 Leeds
3 Middlesbro.
2 Derby
DIVISION
Accrington * 3 - Hallfara
1
Chester
Tranmere R 1
1
0
Darlington
22 Port Vale
Doncaster
2 O
2 Gateshead ·
1
Hull
3 Lincoln
4 N. Brighton
1 Oldham
1 Rochdale
·Rotherham
3-Bouthport
6 Barrowman 0
4 Hartlepools
Carlisle eter
1. Wrexham 1
* Crewe A
2 Bradford, CT. 8
3 Torka & D
ABCOTTISH LEAGUE56 a
Celtic...
·Dundee -
· FIRST- DIVISION DEMA
| St Mirren --
8 Marton M
5. Aberdeen:HO
3 Hamilton,»*
1 Clyde
2 Queen 09
4Kitmarnock: 3
3 Hearts
1 Queen's P..
1 Rangers
Third Lanark· 1 Arbroath
0
3 Arsenal
1.
AFT
3 Southampton
2 West Ham.
1
Faldrk
2 Coventry
..0
Hibernian
D. Fulham
2
Motherwell ----
4 Luton
2
Partick
3 Blackburn'
2
St. Johnstone
2 Bury..
1
-4 Newcastle.
1 Barnsley
2
1 Wednesday.
1
Albion
:3
Notts F
0
Alloa
Dumbarton
4 Exeter
1 East Fife
2 Walsall
2. Forfar
Crystal P.
0 Mulwall
0 King's Park
Mansfeld
1 Bristol R
2 Swindon
1 Aldershot
Queen's 'P.R
remains in command of THIRD DIVISION (SOUTH) troops in Anhal and Cheklang and | Bristol C. has claimed considerable success Clapton 0, In guerilla warfare.- International News Agency:
HAND GRENADE. THROWN IN NEWSPAPER, OFFICE
Canton, Jan. 15. One Customs official of the Sian. Jan. 16.
Taishan station is still detained on In order to facilitate transporta
board a Japanese cruiser south of tion of military supplies to China
the Pearl River estuary following from Europe it is reported plans
a raid on the station by a platoon
Shanghai, Jan. 15. have been mapped out for the
of bluejackets on January 12.
Two companies of Manchakuo construction of a railway linking
troops stationed outside Mukden Living quarters of the Customs mutinied on January 12 and rush:
DEPARTURE DELAYED the north-western provinces with Russia It was first planned to officials
were searched, and one
Hankow, Jan. 16. official was taken away, according Japanese
ed into the city to attack the
The new Soviet Ambassador to construct a railway from Hankow
forces. The mutineers to the border of Russia via Bhensi, to local Customs circles."
were eventually driven off, but China, M. Luganet Sorelsky who Kansu and Sinkiang bat, in view
Two Japanese, cruisers, are still about 80 Japanese were killed, ac-
was scheduled to leave Hankow of the extension of the Sino- hovering near the delta. Some of cording to a Härbin report
yesterday morning for Chungking Japanese hostilities, it is now
the sailors, made a landing on
but delayed his departure on ac- planned to start the railway from.
About 200 Manchukue troops gar count of Japanese air raids is still Dragon Cave Mountain, Ta Lin risoning an outpost on the upper here awaiting an aeroplane. Chungking, the provisional seat cf and Shao Lin Island off Chungahan reaches of the Sungari River also the Government via Chinghal County. These islands are not mutinied on January 13 by attack the Hankow bound plane ald not P. Mills. One Chinese was injured.
$
Due to a Japanese air raid here- (Kokonor) and Sinklang: It is lortified and are inhabited by ing their Japariese officers and leave Chungking.- understood materials for the con-handful of shermen.--
other Japanese troops. The mu Reuter. tineers have withdrawn to the mountains after indicting havos on the Japanese..
struction of the railway will be International News Agency. furnished by Russia in the form of a construction loan which will be secured on the receipts of the fall- way. The loan will bear interest of four per cent. per annum but no interest will be paid during the duration of the Sino-Japanese hostilities.
Amortisation of the loan will begin five years after conclusion of "the Sino-Japanese hostilities and
will be completed in 20 years.
The chief engineer for the construction of the rallway will Be despatched to China by Soviet Russia
The Railway will be 4.000, kilo metres in length. When the line
is in operation the journey from Chungking to Russia will take only 67 hours.- Reuter
|
HEAVY FIGHTING
IN TSINING
Hankow, Jan. 18.
Heavy nghting is in progresa be-
Chinese plainclothes men have made their appearance in Chang- chun to stir up the loyalists. International News ' Agency.
SUPREME ADVISER
Shangbal, Jan. 16."**
Newport
Notts C.
Reading Southend
0 Leith
* Montrose
SECOND DIVISION
10 Brechin
4 Airdrie
3 East Stirling
3 St. Bernards
4. Dundee
26 Edinburgh"
5 Bten'matr..
5 Cowdenbeath
4 Dunfermline
1 Bournemouth 2 RUGGER INTERNATIONAL
2 Brighton.
3 Cardiff
Ralth
1 1
Wales
14 England (At Cardiff), -Bruter ··
ALL-BRITISH WORLD NOT MODERN ENOUGH
AIR ROUTE
A hand grenade was thrown this evening in the offices of a Chinese
Berlin, Jan. - 16. language dally"Ewa Me! Pao,"
Darwin (Aust.), Jan. 16. published by an American” Mr. Hal
All secondary, schools srum. by An all-red air route around the Catholic Missions in Bararia will be Windows were shattered and the world would be an established fact closed, under the order of the Min-
The "Hwa Mei in two or three years, declared Mr.istry of Education. The reason, Pao" is situated next door to the 8. A. Dinsmore, assistant general given for this action is that the educational methods 'of' the Catho- British-owned "Shanghai Times" manager of Imperial Airways, on building on the Bettlement side of his arrival here to discuss business lies are too old and do not meet
arrangements with the Quantas modern demands-Revier. De Avenue Edward Seventh.
Airways for flying boat services. Dinsmore added that
furniture wrecked.
Tokyo, Jan. 16. On the understanding that he The miscreant who walked in the office threw the hand grenade can retain presidency of a huge Japanese steel corporation," Mr. and ran out and escaped. One Hachisaburo Hirao has informally Chinese coolie was neriously in accepted the post of supreme ad- jured and two slightly hurt... Mr. visor to the "provisional Govern- | Mills was away at the time,-
JAPANESE TROOPS ATTACKED
tween Yenchowtu and Chowhsten General Han Fu-cha's troops atment of China," according to the| Reuter. on the Tientalo-Pukow railway ac- present commanded by General "Yomiuri Shimbun." Mr. Hirao cording to Chinese reports. The Sun' Lien-chung, noted former will rank next to Wang Ko Min.-- Chinese Right Wing, commanded by Kuominchun commander under Reuter. General Pang Ping-baun la stated Feng Yu-hsiang." Chinese reports to have reached a point ten miles claim that General Taao Fu-lin's south-west of Chufu, the birth- troops fought well in Talning which j place of Confucius, while the Chin- so far is the scene of the heaviest
ese Left Wing commanded by Gen-Sino-Japanese fighting in Shan cral Tɛao Fu-lin is said to be push. Į tung.--
ing north-east from Telning. Reuter.
The four dying boats of No. 203 Squadron left Basra for Bingapore yesterday according to a Reuter message.
Hsuchow, Jan. 19. Over 600 Japanese troops stationed at Shahochi on the south sector of the Tientsin-Pikow Rail- way were enveloped and killed a few days ago by Chinese volunteers who used big swords, hoes, old
Mr.
an
Atlantic route would be in opera-
tion before the Pacific service was inaugurated.-- Reuter,..
rifies and whatever other arms they could get, according to a report received here.
Only about 10. Japanese soldiers made good their escape.
About 600 Japanese rifes and 50 light machine-guns were seized by the Chinese volunteers.
Central New
CHINESE ADVANCE
Hanchow, Jan. 16, Chinese forces on the Tientsin- Pukow Railway front is Shantung are rapidly advancilig, ip: three directions. Yenchaw, Kingwang and Wenshang, according to dispatches received here from General;, Bu Tang-bayan and Trap Fu-lin, sub ordinates of General Hay Fu-chu, who are now directing operations, In Shantung.
.
The dispatches confirmed the recapture of Taining on the pight. of January 12 Central Howe,
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