1938-03-03 — Page 6

Daily Press 孖剌西報 All

If You Keep

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FOR YOUR SHIP

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Swatow General Agents: Messrs.

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Thomson.

Macao: F. J. Noronha, Agent.

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NEW LAID LEGHORN EGGS

From The Early Sound Leghorn Farm

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Sole Agents

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(Tel. 57108).

HONG KONG DAILY PRESS,

THURSDAY,

THE SERVICES

ROYAL NAVY

NAVAL APPOINTMENTS "The following appointments are made by the Admiralty-

Lt.Cdr.-J. H. Swain, lest to RAN. (March 25).

Lt. (E).-J. G. Cannon, to Norfolk II. for R.N. Torpedo Depot. Colombo (March 10).

MARCH 3, 1938.

ROYAL AIR

FORCE

FIGHTER GROUP STAFF

Squadron Leader J. A McDonald. whom Wing Commander Reeve succeeds at Uxbridge, has been ap- pointed to the Directorate of Signals, Air Ministry.

DR. KUNG SAYS CHINA S FINANCIALLY PREPARED FOR PROTRACTED WAR

(BY AIR MAIL)

Dr. H. H. Kong, who in addition to being President of the Exu- tive Yuan is also Minister of Finance, has made a special examz- tion, for publication in The Observer, of the firiancial resources athe disposal of China in her resistance to the Japanese invasion.

While fully conceding that the war has seriously dislocied China's industry and trade and reduced the Government's reveue, he maintains that China's financial ability to withstand a protret- ed war is at least equal to that of Japan.

"During recent years," he de- borne by a people already taxe-to POINTS FROM ORDERS

clares, a strong foundation has the limit. foreign trade on the le- The postal address of the new

been laid for China's financial and cline, and increasing signs of R.A.F. station at Feltwell has been currency structure. The beginning economic unrest. The situatiei is changed to Feltwell, Thetford. of the war found China's public made worse because, in the preint Norfolk.

Anances in good order, with re-mood of the world, the doors of Shorthand is to be regarded as venues at record figures. Her borrowing are not likely to be den a specialist application of clerks.economic condition also was good, to Japan in the countries capale general duties. who have been with the country enjoying a stabi- of landing, trained in shorthand writing, and sed currency, bumper crops, and

Figgins, commanding H.M.S. Wid- Arc, boys' training establishment

Wing Commander F. H. E. Reeve, at Sheerness. Four others are com- RESERVE FLEET FLAG

manders on the retired list and late in command of No. 57 (Bom- CAPTAIN

two lleutenant-commanders. Two ber) Squadron at Upper Heyford. Captain B. A. W. Warburton-Loc members of the group were killed has been appointed to No. 11 Uxbridge. for has assumed command of the in action at Jutland, Lleutenant (Fighter) Group. cruiser Hawkins at Portsmouth as W. J. W. Fletcher in the Black Signals duties, in which branch he Flag-Captain and Chief of Staff to Prince and Lieutenant John Eadie specialized in 1927. the Vice-Admiral Commanding Re-in the Defence. serve Fleet. He succeeds Captain W. R. Patterson, C.V.O., who has been lent to the Australian Navy.

MERCHANT SHIP SIGNALLING

Extracts from the quarterly re- turns of signalling practice between H.M. ships and British merchant ressels for the quarter ended September 30, 1937. show that 1,431 successful exercises were carried out, compared with 1,177 for the previous quarter and 1.267 for the corresponding period of 1936. The recent activity of the destroyer Rotlllas is reflected in the table of merit," in which these flotillas take live out of the six, top places.

The 1st Flotilla, Mediterranean, had 126 successful exercises; the 2nd Flotilla, Home Fleet. 84: the Bth Flotilla. China, 70; the 4th Flotilla. Home Fleet: 61; and the 2nd Flotilla, Mediterranean. 60. the same totar as the cruiser Dorsetshire, en route to China.

Cd, Writer:-A. V. Veal, to Drake The Fishery Protection Flotilla, Home Station. had 118, On the (Feb. 281 L S. Rogers, to Cormor- mercantile side, British Tanker ant March 11,

Gunners.-H. P. "Scott (T), to Company's vessels took part in 136

Act. Payr. Sub-Lt.-N. R. Beach, to Barham (Feb. 2).

Mds.-M. G. Fowke, R. F. Plugge, B. Farmiloe, J. A. L. Wilkinson, to Warspite.

Payr. Mids. R. W. Browne, to C.Os are to be responsible for pro- a favourable balance of payments. Malaya (Feb. 8) D. J. Mathias, toviding Barham: J. L. Rigge, to Hood (Feb. dictation. 9); R. W. Kego, to Sussex (un- dated).

tions

facilities for practice by

[Cr

from observations

"Japan's highly Industrialised

SOUND CURRENCY

WA factor

in the succesful

The "Manual of Air Navigation." structure is more vulnerable to the management of China's war"- Vol. II. s being, rewritten. An unsettling effects of protracted warance is the maintenance of dr Cd. Gunner (Retd.).-H. Yates. appendix to it. containing instructhan China's agricultural system.rency stability in relation to ir-

obtaining

Since foreign trade is the life-line eign currencies. This achievemnt position to Cormorant" (March 17.

of an industrial" nation, Japan will has created "of Máxwell. Cd. Engr.-C. A.

to lines

heavenly bodies, has been published feel very severely the effects of home and abroad. "With Woolston (Feb. 28),

Cd. Tel.-W. T. Sayers, to Barham separately and is to be issued to lost foreign trade.

all units and schools in which (Feb. 21)

facilities for astronomical. naviga- tion are provided.

JAPAN TRADE WIPED OUT "Japan's trade with China, her second best customer, Is almost wiped out. "Japanese imports to Shanghai,

emr-

confidence both at

genty "exchange requiremets largely provided for, it seems ra- sonable to expect that Chua's foreign payments will return ta state of approximate balaxe, though on a mach restricted bals as to both Imports and export.

exercises. the Charente SS. Com-/Glorious (Feb: 6); R. C. Biggs. to ASSUMPTION OF APPOINTMENTS for instance, were less than $39. "Gold and foreign currency 16.

pany 93 and the Ellerman Lines 81. It is not possible to assess com- be- parative signal efficiency as tweer different companies since opportunities for signalling are so varled.

BOYS' TRAINING SHIP

The cruiser Carlisle, Commander L. P. Skipwith, has relleved the aircraft-carrier Hermes as a train- ing ship for boys at Devonport 1: the D'amede is available after reft The Carlisle returned home last year after eight years' service on the Africa Station.

Ajax (Feb. 211; P., Charlton. to Curlew (Feb. 221

Schoolmaster.-W. Padley, to St. Angelo for Malta Dockyard School

(Feb. 14).

RETIREMENT

Lt.-Cdr.-W. C. T. Ayres, at own request, with rank of Cdr. (Feb. 17).

THE ARMY

Lieutenant-General C. C. Armit-000 in September, compared with posits held abroad and standing to age. C.B. C.M.G.. D.S.O..,, has left $11,000,000 in July 1937. Boycotts the credit of the Government Hened in the period since the re- London for New Delhi to assume abroad add to the strain placed on banks have been greatly string- his appointment as Master-General Japan's national economy.

form of the currency in November. 1035,

* *

of the Ordnance. He is due at "Moreover, Japan started the Army Headquarters on March 5. war amidst financial and economic

The strengthening of reserves and will take over from General difficulties, with a huge budget de- Sir Henry Ap Rhys Pryce. K.C.B. fcit, & record unfavourable trade has been facilitated by the co- C.M.G. D.S.O. A.D.C., at the end balance, a currency already threa-operation of the UB. Government in purchasing substantial amoints tened, £ rising cost of living of silver from China since Novm-

of next month.

The command of the 1st Division at Aldershot, made vacant by Lieutenant-General Armitage's

FROM RANKS

London Mar. 1.

ber, 1935, the excellent harvest in 1936-37, and the favourable balance of payments.

NO FLIGHT OF CAPITAL

AIDE-DE-CAMP TO THE KING

move to India. will be assumed by OFFICERS PROMOTED The War Office announces that Major-General H, R. "L. G. Alex- the King has approved the ap-ander. C.S.I., D.S.O., M.C., on trans-

So far there has been no aptre- LOWER DECK PROMOTION pointment of Lieutenant-Colonel fer from the Nowshers Brigade. He

The War Secretary, Mr. Hore-ciable flight of capital as a result February 14 was the twenty-(Brevet Colonel E. Gore-Browne, will have three newly appointed

of the Government's policy of an- a Parliamentary Leicestershire brigade commanders in Brigadiers Belisha, in fifth anniversary of the Arst D.S.O.. T.D., The promotions of lower deck ratings Yeomanry (Prince Albert's Own). A. G. Cunningham, D.S.O., M.C.swer stated that the number of carefully supervising the varius to commissioned rank as mates. as Alde-de-Camp the King and H. O. Curtis, D.S.O., M.C.; and commissioned officers in the Bri-

1931.

succession In Additional),

Lo Brevet Lieutenant-Colonel C. Etish Army who have risen from in Lille abolished this first group there were 13 Colonel A. E. Williams, D.S.O.. who Hudson, V.C.. D.S.O... M.C. who the ranks is 2,090, or about 17 per candidates. Only one now remains. has attained the age-limit for the will join the division during the cent of the total officers' strength

British Wireless), on the active list. Captain James appointment.

66, Nathan Road,

KOWLOON.

summer:

money markets.

"Obviously trade and Industry . could not escape from the disis- trous effects of the war. Foreign (Continued on Page 91

1938-03-03 — Page 6

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