1939-03-18 — Page 9

HONGKONG DAILY PRESS

DISCRIMINATION AGAINST THE BRITISH INTERESTS CRIMINAL

North China

China Currency Regulations

Chamber Of Commerce's

Emphatic Protest

LONDON, MAR. 17 (REUTER) · AN EMPHATIC PROTEST" BY THE BRITISH CHAMBER OF COM- MERCE AGAINST THE INTRODUCTION OF THE NEW CURRENCY REGULATIONS IN NORTH CHINA UN- DER THE AUSPICES OF THE JAPANESE WAS MADE HERE TO-DAY, in the form of a special statement Issued exclusively to Reuter's. by Sir Robert Calder Marshall. Chairman of the Chamber,

SESSIONS

CALENDAR

Cases in this month's Criminal Sessions will be called over in the Supreme Court this morning. The following are additions to the list of cases down for trial, which was published on Tuesday:-

Ho Pak-yau altas Tal Pel-yau. charged, with robbery with violence.

Lo Fuk-lam, charged with 1- sault with intent to rob and com- mon assault.

The above cases were remanded from the February sessions,

Chu Lam, charged with breach of deportation order.

Cheung Hing-tsal, charged with unlawful possession of arms and ammunition.

CABLES

POSITION

STILL OBSCURE

BRITISH VIEW ON

CRISIS

LONDON, Mar 17 (Reuter)

It la impossible to state any- thing definitely at present. "concernlag the British attitude towards the recognition of Germany's annexations, writes the diplomatle correspondent of the "Observer."

The precise status of the new provinces Ls still Czechoslovak obscure and it must be emphasised that there is no analogy between union with Austria and the seizure of Czechoslovak territories.

Moreover, Mr. Chamberlain has already emphasised that Man Ying and Cheung Kuen. Britain regards this anners- tion as a breach of the Mupich Covenants.

charged with robbery by two or

more.

Tang Mei-fun, charged with pos- Session of dangerous drugs,

The statement, which Sir eral stoppage of trade and the Robert declares, express the probable closure of many foreign views of the British Chamber concerns, as they would be unable to trade in a currency which is of Commerce." describes the

Britain's attitude has also an new measures as "definitely not freely convertible into for-

Important bearing on the gold and eign exchange. For the Japanese

foreign discriminatory against British position is somewhat different, as

currencies belonging to State the former Czechoslovak **a most in trading in Federated Reserve flagrant attack on the doc-Bank notes they are accepting a Hing-chan and Li Kwong, charged They are at present being retained Mok Yuk-yuen, Li Yan-tin, and now in the Bank of England. trine of the 'open door '." currency which can be made

The statement goes on to add available for the purchases of with unlawful possession of armsjin the bank by orders of the Bri-

interests" and

||

that should the new regulations supplies in Japan. succeed. they would have "a dis- "While the effect of this regula- astrous effect" on British and alltion will, in the first place, be felt foreign trade and urges that every by exporters of China produce, it effort should be made to render will soon be felt equally by im- them nugatory."

porters of foreign goods (other

The statement continues: "On than Japanese) as there is no Mar. 11 the regulations issued by guarantee that even such foreign the Provisional Government of exchange as may become available North China' "for the control of from exports will be used to currency became operative in all finance imports, and will result in the important cities and ports the immediate reduction of the under Japanese control in North volume of all imports, other than China, including Peking. Tientsin, Japanese. Tsingtao. Chefoo and Weihaiwel,

INADEQUATELY BACKED

"Furthermore, even it some, for- eign exchange was made available "The regulations are intended to to importers. its inadequacy spells enforce the use of Federated Re-a system of allotment and the serve notes. which are linked to placing in the hands of the the yen aut which, being-inade-Federated Reserve Bank measures quately backed. have, little or no by which to control and restrict value in foreign exchange, and to foreign imports is quite incompa- oust Chinese National currency tible with the existing treaties. which i backed by reserves and which has, a definite foreign ex- change value.

"In order to establish the circu- lation of the Federated Reserve Bank currency, the Customs were forbidden to permit the export of certain gonds" constituting the main articles of export from North China unless foreign exchange for such shipments were negotiated through the Yokohama Specie Bank and converted into Federated Reserve Bank currency at the rate of fourteen pence

This rale automatically, es tablishes a financial monopoly, in favour of Japanese banks and would, if business on such

basis could continue, provide, the foreign exchange backing for the inadequately secured Federated Reserve Bank cur-

rency.

Tsang Hing. charged with de manding money with menaces and robbery by two or more.

and ammunition.

tish Government,

DIVISION OF CZECHOSLOVAKIA

The lilamik

P

H.O SLOVAK

TRIA

HU /GARY

DEFINITELY DISCRIMINATORY NAVY ESTIMATES

"This attempt to force an unbacked currency In North China must, therefore, have a disastrous effect от British channels of supply and dis- 'tribution. Should the Japan- ese succeed in promoting in China a currency linked with the yen. it will place foreign traders at a disadvantage, even as they are placed in. Manchuria.

"The regulations, therefore, are definitely discriminatory, against British Interests and constitute a flagrant attack on the doctrine of the open door' and equal op portunity, and every effort should be made to render them nugatory.

"The British Chamber empha- | tically protests against this i advised scheme. which will dam- jage not only British Interests, but | t all other non-Japanese Interests

A GENERAL STOPPAGE "This attempt at the stabiliza-in North China and may even- tion of the Federal Reserve Bank tually have damaging effects over currency.can only result in a gen a wider area."

ITALY WAITING

FOR HER HOUR

MISSING CARS LOCATED

Siva á Miles

L A N D

Remyn

RUMANIA

MAGNITUDE & BALANCE OF 1939 PROGRAMME

Measures To Meet Aerial And Submarine Threats

LONDON, Mar. 17 (BWS and Reuter)-Introducing the Navy Estimates. for £149,000,000, an increase of £23,000,000 on last year's, which were themselves a record in peace time estimates, the Parliamentary Secretary, to the Admiralty, Mr. Geoffrey Shakespeare, said that mem- bers would be gratified that no less than £61,000,000 of that great total were in respect of shipbuilding and en- gineering work on, vessels of the new Construction Pro- grammes of 1939 and previous years and repair of the existing fleet.

During the financial year) now ending, 43 warships had been added to the Navy and, in the course of 1939, another

60 would have joined the fleet.

"

on defenceless merchant ship: ping of which they had had recent examples in Spanish waters."

Generally the Board of Admiral-

The fact that dockyards and ty believed the British Fleet was "Two motor cars that were re-shipbuilding yards would, in the so strong to-day that it could con- 17 (Reuter)The ported to the police as lost or course of the year, be engaged in Adently accept a direct challenge Italian Foreign Minister. Count stolen in the course of the evening building some 200 war vessels of a in battle by any combination of Cano's paper. "Telegrapho." denies yesterday were recovered within total of 870,000 tons, was a mea. foes.

SOME, Mar.

that the German occupation of two hours of the reports, Czechoslovakia weakens the Rome-

sure of national productive effort for naval defence which had never Berlin axis. It says it is based on saloon, belonging to Mr. A. B

Car No. 2109, a blacz Vauxhall before approached in peacetime. higher concepts than the grabbing Purvis, of No. 400, The Peak, re-

of territory by partners.

It is comparatively easy for Germany to get demands fai- filled but Italy has two worlds to contend with in the Medi- terranean.

ported lost from the Chater Road Car Park at 8 p.m. was found at 9.15 pm near Murray Pler

Car No. 1836, a Vauxhall saloon.

SUBMARINE ATTACKS Passages of Mr. Shakespeare's, speech, which were followed with close attention, dealt with measures for meeting special threats of submarine and aerial attack.

The tutal personnel of the Fleet Air Arm had increased from 3,000 In 1937 to 6,000 to-day and would

reach 10,000 in 1924.

| belonging to Mr. Gahagan, of No However, there is no danger of 9; Causeway Hill, reported last Italy being left in the lurch by from, the Jackson Road Car Park Germany, Italy is a past master between 7 and 8 p.rn, was founder-operation between the Admiral- Shakespeare sald

at 9.10 p.m. in Victoria Street..

at waiting for her hour...

ALICE IN WONDERLAND".

Students of the French Convent in an elaborate scene from "Alice in Wonderland” produced under the personal direction of Sister Marle Louise. The play will be presented again on Mon- day at 5pm and all proceeds are in aid of the Catholle Truth Society of Hongkong. (Photo, A, A. Kahn),

As a result of two years close

SATURDAY, MARCH 18, 1939. -PAGE 9-

JOHNNIE WALKER

·Born 1820 -

--Stül going Strong!

Head and Shoulders above all others

JOHN WALKER & SONS, LTD. Scores Warm DevillaUGE KILMARNOCK, Scotland.

SOLE AGENTS:

CALDBECK, MACGREGOR & CO., LTD.

TRADE ALONG NEW HIGHWAY

KUNMING, Mar. 17 (Central)— There is great potentiality of trade development along the Yunnan- Barma highway, according to Mr. Fu Ping-chleh, of the Szechwan Provincial Bank, who has just re- turned here after an extensive inspection tour of the road.,

Mr. Fu sald that many British, Indian and Burmese business men are beginning commercial · enter- prises along the road and CX- pressed the hope that Chinese business men will not lag behind. He asserted that traffic on the highway is not so difficult as many people think.

DISSOLUTION OF PARTNERSHIP

In the Supreme Court yesterday the Chief Justice, Sir Atholl Mac- Gregor, gave judgment for Alfonso George Plovanelli, of Buenos Aires, Florida. who claimed, dissolution of pan merahlp entered into www May 31, 1937, with Alberto Pas- quale, restaurant manager, of Dina House, Hongkong.

The partnership concerned the business of the Frascati ResTM taurant, and plain:iff claimed payment of any accounts found due to him and such further re- Hef as the Court deemed just, and costs of the azion.

Mr. G. E. Ball Brutton appeared for plaintin, and. Mr. H. G. Shel- don, K. C., instructed by Mr. D. L Strellett and Mr. F. X. · D'Almada, for defendant.

THE

HONG KONG

PENINSULA HOTEL;

HONGKONG HOTEL; REPULSE BAT KOREKTĄJ

&

SHANGHAI

ASTOR' HOUSE; FALACE HOTEL;

HOTELS LIMITED.

In association" with the Grand Hotel des Wagons Lits, Peking

Len Harvey Regains Title

DISAPPOINTING FIGHT......

CANADIAN NEGRO BADLY BATTERED

LONDON, Mar. 16 (Reuter)-At the Harringay Arena to-night In a disappointing fight which was interspersed with impatient 1 hand-clapping and whistling, a crowd of 8,000 saw Lên Harvey, win-..

ning nearly every round of his fight with Larry: Gains, thus re- gaining the British Empire heavyweight championship' 'which he lost to Jack Petersen in 1934.

CHINESE DOCTOR

CAUTIONED - Appearing on remand before Mr. R. Edwards at the Central Court AIRPORT MOVEMENTS yesterday on charges of possession

IMPERIAL AIRWAYS

Northbound Monday: Bangkok, Hanol. Hong- kong.

:

Dorado, Delta-4 and 5 p.m.

Southbound Tuesday: Hanol, Bangkok. Dorado. Delphinus-7 and 7.30

a.m..

Air France:

-Southbound Saturday: Hanol, France. Ville de Damas-6.30 am.

Northbound

Thursday: France, Hanoi, Hong- kong.

Service.-1 p.m. Pan American Airways: ------

Westbound

The 37-year-old Canadian negro who was badly battered, retired at' the end of the 13th round with two badly-cut eyes. Only the referee's unttring effort made the men' break and prevented a fiasco.

MUCH CLINCHING There was too much clinching of dangerous drugs and poisons at and wrestling. Always, however, No. 230, Queen's Road Central, the fight appeared to be a battle while not holding a licence under of

wits between two","veteran the Pharmacy and Poison Ordin masters of ringcraft. This was ance, Cheung Tak-sum, a doctor undoubtedly responsible for the holding a Chinese certificate, was slow tempo; only occasionally

convicted and cautioned.

Wai Cheung-shek," who jointly charged was given the bene- at of the doubt and was 115 charged.

fashes of action were" seen.

Harvey, boxing confidently, landed almost as he pleased with stinging right swings and repeatedly. jabbed his left in Gains face. “. Mr. J. B. Prests Assistant Crown

Gains was cumbersome, and slow Solicitor, appeared for the pro-and was unable to counter Harvey's secution. Wal was defended by Mr. attack, but must be credited with Alfred Y. Hon. while Mr. J. the success of slowing down the Prior appeared on behalf of Cheung fight, frustrating Harvey's efforts Tak-sum

to tire him out. In evidence, Wat told the Court

The Cornishman, was generally that the bags containing the drug the aggressor and scored with Saturday: Manila, Sen Fran- and poisons were placed in his vicious right hooks. He opened a house when Cheung first arrived.cut under Gains' eye in the He did not know the contents.

eighth round, and further damaged Cheang Tak-Bum, in the witness the eye with a vicious right swing box, said that he obtained his in "the 11th. medical degree from the Chung

· WISE RETIREMENT Bhan Medical Collège in 1920 and

Gains' right eye was injured in had been practising as a doctor in the 12th an 13th. Harvey with re- the Chinese army and once on a lentless punching, drew blood from gunboat.

| Gains" "eye" and nose, and the negro The drugs and poisons were wisely retired at the end of the

OPPOSITION SATISFIED Mr. A. V. Alexander, for the

expressed Opposition.

qualided satisfaction with the progress re- vealed in the estimates' speech.

NAVAL RESERVES Replying to the debate Mr.

that Britain's | cisco. ty and the leaders of the shipping, Naval Reserves were at least 70,000

could Industry, he

state they, men, besides 60,000 to 70,000 who would be in a position to Institute had served in the navy and were a convoy organization "soon atter now, 55 years of age...... the outbreak of war on any route

"As regards immediate Reserves, where it was considered necessary. the Admiralty was fixing the es-

Mr. Shakespeare then turned to

the immense progress since the tablishment at about 4,000 and a1- last war in scientific aids to anti-though the Reserve was just open- ed, there were already over 3,000 submarine warfare.

applicants.

Herald: "I cannot, of course, reveal the nature and extent of our progress in this respect, but I belleve our methods of detecting, hunting and kining submarines are more advanced than any others in the world."

- "AFRIAL ATTACK

now the Kowloon Docks under- Begarding attack from the

geing repairs and overhaul as the air, the policy of the Admiralty.

result of a minor collision near had been to concentrate in

Cheung Chau on Bunday while the warships the most modern

vessel was on her way from Hong- anti-aircraft guns possible-kong to Macao. M there had been increase In number of such guns of 75 per cent and an attack on a ship bristling with anti-u£r=" craft guns would be a very different matter from attacks

RIVER BOAT IN MINOR COLLISON. The 6.3. Ho Kong, belonging to

the Tai Sang Steamship Co. is

It is learned that visibility was at the time very bad due to heavy fog. The damage sustained, how ver, was not extensive, and the ship, is expected to resume usual run early next week.

ter

Philippine Clipper-8.30 p.m.

Eastbound

Wednesday: San Francisco, Manila. Hongkong.

Boeing CHpper-12 noon (mall and express only),

Southbound Eurasia Aviation Corporation.

از

Arrived in Hongkong on Friday evening from Chungking

Note: Imperial Airways' Empire niall has been delayed due to wea- ther in Greece and will be two days late, arriving in Hongkong on Monday.

confiscated.·

NO EVIDENCE TO “SUPPORT CHARGE

Mr. W. W. Greenberg, residing

13th round.

Harvey turned the scales at 13 st. 21bs at the weighing-in this | afternoon." This was his heaviest

Aghting weight in his whole career,

| Gains weighed 14 st. Siba.

· Both men looked extremely ft

ANOTHER REMAND at the Y. M. C. A. was summoned but there was a sharp contrast in

Li Ping-chus, who stands chare- before Mr. T. J. Houston at the their demeanour, Harvey was ed with the murder of a Japanese, Central Cours yesterday for driving smiling and confident, while Gains Hyochi Bagara on Jan. 28, at the a car without due care and was deadly serious Cha Heung But Restaurant in caution on Feb. 28. The summons Harvey was a 3/1 on favourite. Hennessy Road, Wanchal, was re- was taken out again; the de- manded for a further week when rendant as the result of the re

he was produced before Mr. R. A port which he made to the police head lights of an on-coming car D. Forrest at the Central Court regarding an accident when his dazzling him momentarily.

was car collided with a beacon light | The Magintzate discharged de- yesterday. The application made by the Police.

Mr. CA Butherton Russ la ap- peating for the defence.

at the ram land

tendant, remarking that there was The defendant stated that the no evidence to support the accident was caused through the for the prosecution.