1939-04-13 — Page 8

PAGE 8-HONGKONG DAILY PRESS

EDITORIAL

NEW ADVERTISEMENTS ADVERTISEMENTS The Daily Pass Hello & Goodbye

NEW CENTRAL MARKET.

ין

Tenders for certain stalls in the New Central Market will be received at the Market at 2.30 p.m. on the following days Poultry Stails

11

INSTITUTION OF ENGINEERS AND

SHIPBUILDERS

OF HONG KONG.:

Members are requested to "at- tend the ANNUAL GENERAL MEETING in the rooms of the Tuesday, April 18th. Institution on Friday April 14th.,

at 6. o. P.M.

Fish Stalls

Thursday, April 20th.

Beef and Mutton Stalls

W. P. SIMPSON,

Hon Secretary.

Saturday, April 22nd,

291

Pork Stalls

Wednesday, April 26th. Fruit Stalls. Friday, April 28th. Vegetable Stalls

41

Tuesday, May Zad. Tendering on the above days is open to all members of the public. Those who wish tender must appear in person at

the Market.

to

Q."

PUBLIC AUCTION

PARTICULARS AND CON DITIONS of the Sale by Public Auction to be held on Monday, the 17th day of April, 1939, at 3

Presta

報西剌孖

Editorial and Business Office: '15-19, Queen's Road Central.

Tel. 30251.

Night Editor (Wanchal Office):

*Tel. 24511,

London Office: 53, Fizet Street

E.C.4.

HONGKONG, APRIL 13, 1939

CHINESE TAKE INITIATIVE

and the severe

(BY A. W. HYER)

Summer made its debut yesterday with a vengeance; not only was it hot, but the steamers árelying were laden with passengers fuctuding several tours of large proportions.

-The town is overflowing with young visitors going places to see people and things. Evidently. It is a universal belief that "travel is an education—and broadens one's intellect,"

#

Pursers have dug out thelr har- President Coolidge assed "look.” The summer tourist season hit Hongkong with hordes of people since Monday.

Tjisadane

•

THURSDAY, APRIL 13, 1939.

CHINA'S ENORMOUS SILVER RESERVES

Precious Metal Provides Sinews For Her War Of National Salvation

BY T. PAUL GREGORY

CHINA'S BATTLES ARE BEING FOUGHT WITH SILVER.

ot the denomination

fluence in China were sadly barled when It Care to providing a

THE AMERICAN President Line's flagship was packed so full on her departure Sunday, 11.03 pm. that her water-line was invisible.

Mr. J. N. Bates, executive of

THE PALE DRUDGE” OF THE" ECONOMIST IS TUESDAY, 10.30 A.M. the small, Asiatic Petroleum Co., was the re- ASSUMING AN EVER-INCREASING ROLE in alding the informal, Dutch transport was cetver of a large and joyful send- nation to resist the most savage invasion in her long under way for Manila and southern of. Back to his desk in Shanghai history. The enormous reserves of the precious metal at porta. “

were his plans.

her command are enabling her to maintain intact her Mr. and Mrs. A. W. Witkamp,

Homeward bound to the United

credit abroad, and with her buying power unimpaired, and their two children, were bound States was Mrs. A. E. Hewlett, ac- CHINA HAS STARTED antor Batavia. Though we could not companied by her son and dough-

she is in a position to carry on her struggle indefinitely. offensive on several frontsocate the head of the family con- ter. On their arrival in Shanghai' This accumulation of trea- However, the European Struct and those in charge of the nected with Java, China, Japan the head of the family and of Gen- sure has been made possible American economists were unable Chinese military operations Ln, we found the women in the ral Motors will embark and con- by the simple fact that the to cope with the canny Chinese are confident of the outcome. family quite excited over thele tinue across the Pacific Ocean for Chinese, since their contact merchants, who refused to be bluf- of the reverses forthcoming trip and the change business and holiday telp. with the aggressive nations the coins attesting their weight. ted by the stamped Inscriptions on In spite

And there were Mr. and Mrs. B of the West, which began and fineness, but persisted in ap with which the ill-equipped or scenery.

The cabin boy of No. 36 was play. Wylie of the "South China Morn-

over three centuries ago, until plying the very effective tests they Chinese forces have met in p.m., at the Offices of the Puhile recent months, the morale of Ing policeman for Mr. W. E. Banting Post," all set for an adventu- | recent decades, have demand- had learned to use. Therefore, re-

This gentleman, rous vacation trip home to Enged silver in exchange for their gardiess the defenders is higher than sailing to Cebu Successful tenderers will be re- Works Department, by Order of ever and it is quite apparent connected with Aslatie Petroleum land, via America. We guarantee porcelains, teas, silks, and stamped on the coins, their value

issued he will and plenty of "headlines" quired to pay two months' rent His Excellency the Governor that the Chinese are clinging Company, had evidently

other products. Consequent-in Chinese "commercial "practice (for May and June) in advance, of one Lot of Crown Land at to the motto "Never say die." orders he was not to be disturbed in his journey across the States.

"Mr. V. Desborough, of the Na-ly. Western traders in order was just the market value of the at the time of tendering.

Sau Chuk Yuen Road, Kowloon In spite of the terrific aerial and not even a sugary mile de-

terred his guardian.

tional Carbon Co., was certainly to pay for these desiderata liver itself in the markets of the Consequently; those nations The Council is not bound to City, in the Colony of Hong Kong bombings

Dr. Harold E. Camp. the Ameri-enjoying the party surrounding from old Cathay were obliged accept the highest or any tender for a term of 75 years, commenc bombardments by the modern

ing from 1st July, 1898, with Japanese artillery, the Chi-can lecturer from St. Louis, was him at the hour of departure for to export silver, and it is which hoped to extend their in-

probable that no ship from very thrilled with the information his office in Shanghai. « nese refuse to withdraw until and colour pictures he secured in (Markets By-law 6(1)).

Quietly Mr. J. Cochet of the the West arrived in Canton medium of exchange which would toll of the Japanese. They that, no doubt, the data would be leave-taking scene about him.

as part of her cargo

dollar. Even the United States, have faced, and continue to the most valuable in his collection This French gentleman is travelling

The constant movement of the which sought to provide an outlet face, steel and fire with a on the complete trip which will to Kobe for business reasons,

white metal from Europe and for the silver from its western stoicism that cannot be too carry him through India, the Bel-

America has enabled China to mines, had to acknowledge that its 5.5. Carthage gian Congo, up the Nile and across

büild up a tremendous reserve of "trade dollar" issued from. 1873 to highly commended.

WE HAD BETTER warn all "hel-treasure, and, despite the shrewd 1984 was a definite failure; for IT WAS ONLY a day or two the Atlantic Ocean horne."

loers" right now. The Passport quesses of statisticians as to the although it weighed more than the ago that a correspondent Imperial Airways

Department have gone seriously actual amount, it is probable that Mexican dollar. Its silver content- wrote from China's war-time capital, Chungking, that "the WHEN THE TUESDAY, 7.30 am and thoroughly into the "inspec- the sum total of silver hoarded in Imperial Airways plane went ton of passports on all steamers china is even greater in quantity

Therefore, for public information, and the fall of Nanchanging out of Hongkong, Mr. R. W tying up at the Kowloon plers (capital of Kiangsi Province) booked to Hanoi,

no one is allowed on the steamers has done little to discourage

until after the inspection which The tall, slender young man has usually takes one hour after the them." That is the spirit of the Chinese people-a spirit not been in the local office of this ship is tied up and the gangway concern for many months, only ar- lowered. Police inspectors board that will never die. China

riving in the Colony last March. the ships at the pier and carry has the determination and Though we did not rise and shine out their work in the approximate I, Wilkie CHOW of 36, Con- PARTICULARS OF THE LOT the staying power that will to bid him adios, we have suspi- time specified, then the public is

eventually wear her enemy cions that he is on his way to the admitted." naught Road, Hong Kong, hereby

out and will carry her suc-new Kunming office of Imperial The P. and O. steamer Carthage *give notice that in consequence of

cessfully through her pre-Airways.

arrived at the pler, Wednesday 12.30 change of ownership I have, ap-

sent life-and-death struggle: Wednesday Artiva)

p.m. passport inspection took, an There is an old proverb in plied to

hour while friends lined the pier Chinese that."United deter-YESTERDAY, 4.30 p.m. Captain L. greeting visitors at the ship's mail. mination becomes 2 city J. M. White landed the Dorado | And right there and then summer wall." China's unity and her at Kal Tak after a bumpy trip from heat commenced. determination have become a Bangkok.

Stalls will be let for retail the option of renewal at a Crowa) they have claimed a heavy and about Hongkong. He reported | Messageries Maritimes, watched the without silver coins or bullion compete with the favoured Merican.

business only. Wholesale busi. ness will not be permitted in the

New Market.

יו.

Rent to be fixed by the Surveyor of His Majesty the KING, for one further term of 24 years less the last three days thereof.

Intending bidders are advised that immediately after the dis posal of the lot the Purchaser (if not the applicant) will be 294 required to deposit with.

authorised officer who will be

C. J. ROE,

Secretary. Urban Council

12th April, 1939.

OFFICIAL NOTICE.

PROPOSAL TO CHANGE A "SHIP'S NAME.

an

present at the sale, the sum of two hundred dollars, ($200) in cash. This som will be refunded payment of the Purchase

оп

price.

No. of Sale.!

the Board of Trade, under Section 47 of the Merchant Shipping Act, 1894, in respect. of the ship "TAIKOO KOM" ol HONG KONG Official number 133,234 of gross tonnage 84.46 | 1 tons, register tonnage 30.62 tons; heretofore owned by THE TAIKOO SUGAR REFINING COMPANY LIMITED OF 8. BILLITER SQUARE, LON- DON, E.C.3, ENGLAND for the permission to change ber to "YAULEY" and to

name

have her registered in the new name at the Port of HONG KONG as owned by Peters & Company Limited of No. 36 Cen- naught Road, Central, Kong.

Hong

Any objections to the proposed change of name must be sent to the Registrar of Shipping at HONG KONG within seven days from the appearance of this advertisement.

Dated at Hong Kong this 6th day of April 1939,

For PETERS & CO., LTD.

(Signed) WILKIE CHOW,

Director.

New Kowloon Inland Registry No.

Inland Lot No. 264 Locality. Lot No. 2695. Esat of Now Kowloon Sau Chak Yuen Road, Kowloon City.

Boundary 'Meannre

men.

As per

sale plan

Contents i

Square feet.

Beatal.

About

01'8

Upest Price.

4,170

290

DESERTED FROM

US. ARMY IN

LAST WAR

American Citizen Wishes To Return

HAMBURG, April 12 (T)) Ocean)-One of the most senga tional law suits of post-war years, which for weeks formed the central news in the United States press, seems to be revived now.

292 the American Army, Extradition

"HONG KONG & YAUMATI FERRY COMPANY,

LIMITED.

NOTICE "TO

morale of the people is high

Cole was one of the passengers

11

a

that of India a nation celebrated throughout the East for the careful hoarding of her people. VARIOUS FACTORS:..

Various factors have contributed to the extension of China's hoard, not the least perhaps being that, whilst the nations of the West acknowledged gold as the unit of

was less.

Therefore, there was 30 economic loss on the part of the United States; for finding that the coins 'would not be accepted at face value, they had to ship thêm home, where they created great confusion to the American public, as the... "trade dollar" brought oaly, 90 cents, whlist the standard dollar was accepted at par. a monetary standard, China re- mained in the mediaeval condition SILVER RESERVES": of being without a definite form In consequence of this failure to- of. currency other than that of a establish their silver dollars, as an chaotic system of copper coinage.acceptable legal standard for the Silver and gold were, of course, East in competition with the long- largely used, but were paid for by established Mexican dollar, Wes- weight, Sycee, or pure silver bullion, tern nations trading with China in the form of shoe-shaped ingots, had to resume their shipments of was utilised for most commercial silver bullion. The peculiarity of transactions, and the standard the Chinese market was that even weight WEK that of the tael,bullion, to be acceptable, had to equivalent to an ounce and a third. be 0.998 fine, and vast quantities These ingota were issued from in bars of 980 to 1,190 ounces were various King-ngan-fong, or "ailver exported from London and New refineries," and were stamped with Tork Although

the reigning sovereign."

* considerable

ported to other parts of the Dist, notably the Dutch East Indies, most- of it has entered China's unknown. sliver reserves

Out of the long line of passen gers up at the steamer's rall we Great Wall through which the Three San Franciscans giving alien invader, in spite of his part of the world a "once over" ar spied that amusing Mr. E. B. Nel

son, Assistant Superintendent out tanks, armoured-cars, dread-rived on their first visit to the naughts, war-planes and mo- Colony. Mrs. Agnes Davey and her at teal Tak with a glass in hand (bicarbonate soda) he smiled and dern equipment, has not been two sons, Mr. Keith Davey and Mr-nodded hellos to friends ashore. A able and will never be able to Ned Davey. Gay and charming splendid vacation of nine months travellers are those who are on pass. China's struggle is one I not for power, but for her life their first long vacation in seven has vanished for this gentleman, the place of issue and the title of quantity of this metal was re-ex-. ́. back to planes and their doings is years. Across the Pacific Ocean to against force and aggression, New Zealand, then Sydney and the order, this morning, but she is confident that she' Batavia by steamer. In the Dutch Big Wigs were put in force to The Standard Vacuan Oll Co.'s will emerge victorious. territory they decided on air travel"hello" Mr. H. Schultz back from

FIERCE onslaughts are al- to Singapore and Hongkong. Fly- ready being made on various ing is not new to these Americans a look-see at Singapore and Mani- strategic points while in the embarking on the Pan American Mr. and Mrs. A. S, Russell and so-called occupied territories Clipper on Saturday, the two boys Miss S. Bussell were other vacation the mobile forces, or the hold private pilot Heences. In returners. Quite a large group of Wake, the family will make use of friends were down to great the Chi- guerillas. have resumed their

a stop over and catch one of the activities with renewed

nese Martime Customs official. new Boeing Clippers for their re- vigour.

turn home.

Empress of Canada WEDNESDAY, 5.15 PM: the Em

A

1a.

pless of Canada, came into the harbour from Manila bearing prooi

the

Tourists, and more tourists, alled big ship. The University Student Council Tour from Manila; under the protection of Mr. 8. Laurel and Mr. T. T. Reyes, disem- barked in the Colony. There are thirty-three members in the group

Another

of

This elemental coinage en- joyed Inimene popularity amotag the common people, so that even when the Chinese Government "made...'a gallant endeavour to emulate foreign custom by starfkng a mint at Shanghal in the early 'Afties, It had to confess failure; for when it coined, silver in the form of silver dollars, the masses when they had received any great quantity of them, Would. "return them to crucible, and re-cast them into the shoe-shaped ingots which they had so long beenɛ sɛ- customed to use.

the

:

These millions of ounces of pare silver are providing for the Country, next to the in- domitable will of her people, the most effective means of winning the war into which she has been forced.

The outbreak of hostilities has compelled her to export large IN KWANGTUNG, the Chi-

quantities of this reserve to foreign In case you did not note in your nese have advanced, via the wednesday's morning paper, the

countries in order to stabilise her Canton-Hankow Railway, to Imperial Airways will transfer to

credit parcnases. With the "do- monetisation of silver some years the outskirts of the City of their summer time-table on April Rams and the Japanese are 24. Departure days remain the of a rough voyage with high seas.

previously, there has been (der-bend eloped a tendency to refine all' reported to be manning their same. Friday and Tuesday, and ar-

However, along with these ingots existing amounts of the metal, and pill-boxes and other defence rival days will be Monday and

of sycee silver, an incalculable cast it into bars suitable for Tirursday. During the war, an American works in anticipation of a

amount of foreign silver dollars either storage OK exportsa Court Martial passed sentence on siege. The Chinese are mak-

circulated, or rather were accepted the exigencies of the national an American citizen, Mr. "Grovering a desperate attempt to

at the value of their sliver content. emergency may demand. In order Bergdoll, the American-born son of prevent the possible transfer

to carry out this work—a "work": German parents, who deserted from of several thousand Japanese interest to note that, even which sails this week-end on the "CAROLUS" DOLLARS:

hastened, it may be added, by the "The earliest of these coing from rise in the world market price to troops to the Kongmoon front, after the occupation of Can-Asama Maru for Shanghai and was requested by the United States where they are making the ton, Hongkong has been able Japan.

abroad to be exported in quantity 204 per ounce the native King- after, the conclusion of the War,

to obtain Wuchow mats from

group thirty-five to China were the "Carolus" dollara nan-fong, "vor "sliver refineries,” invaders pay heavily for and refused by the Reich Govern- every inch of territory they Kwangsl for the packing of members.

a "Ladies Tour" chu-of Spain, which were issued from have again some into prominence. ment. Mrs. Bergdoll, who arrived

It may be mentioned here that. in New York recently, declared to occupy. Kongmoon has fal- goods. These have come by peroned by Dr. M. B. Bantamaria, the mint at Mexico City, Millions | embarked on the Jean Laborde for of these coins were shipped to the the American authorities that her len into the hands of the way of Kongmoon.

an inspection of the North.

East and became so popular that in all Chinese cities there are KONGMOON is a pro- husband would anïve in America a Japanese several times but

Mr. R. R. Roxburgh, accompani- even to this day, the Mexican establishments for the melting and. week after Easter and surrender to each time they have been gressive and wealthy delta ed by Mr. S. D. Berg disembarked collar although it is seldom seen saying of aliver, but they are SHAREHOLDERS clear up his situation...

the American Courts in order to driven out again and the port, which was formerly a from a round business trip to Mani-n circulation is nevertheless a sad to be most numerous in Ebang- " Chinese are, at the time of competitor to Macao. It was a. The number One of Thory familiar term in commercial usage, hal, perhaps owing to the fact that until recently this was the greatest.. The Hamburg Trans-Ocean_cor- writing, reported again to be developed only during the croft and Co., Ltd., just lately re-

port in the Far East. The fifteenth Annual General respondent learns that Mr. Berg- in full possession of the delta past few decades as a thriving turned from a trip to England, via

Hongkong port by Chinese who have been Canada, Meeting of Shareholders will be doll is expected to book his passage town

Mr. and Mrs. R. A. Campbell with. held at the Company's offices at on the steamer Hamburg leaving

AIDED by local militiamen, doing business in foreign for New York in April. 19. the Jordan Road Ferry Pier.

by civilians and even by the countries but who have re-their daughter and young son wye Kowloon, on Wednesday, the

womenfolk, all of whom are turned to their native district also arrivals. This family, con- renowned as brave and fear- to invest their life-long Co, have called Cebu their home 26th April, 1939, at 12 Noon, for

less fighters and all of whom savings. From it branches a in the past. However, being nearly the purpose of receiving the re

BURGOS, Apr. 12 (Reuter)-The realize what it will mean if number of excellent highways squashed by Philippine college port of the Board of Directors

British Ambassador, Sir Kongmoon should be occupied and a fairly deep river enable students, together with a statement of AC Maurice Petersen, presented his by a hostile army, the Chinese smaller steamers to make it a missed. counts for the year ended 31at credentials to Gen, France yester troops are putting up a truly port of call. December, 1938, ';-

day, 'Gen." Franco drove with the remarkable battle in the sur- WITH the arrival of fresh Hon. A. Carmelo and Mrs. Carmelo, A short visit here will give them Ambassador through streets led rounding country, which the Chinese reinforcements, it is and their three daughters. is all a new lease on life. From ap- also cast into bullon.

strictly a vacation. The voyage appearances all Manila's importent Bir Maurice Petersen said that Japanese want to take in confidently expected by the rom the south was rough, but they familles are sold on Hongkong for REFINING PROCESS;

a vacation spot this time of year, he was not a stranger to Spain, order to assume full control Chinese that the Japanese are anticipating a pleasant ten but he would contribute to the of all West River communica- attackers will be thrown back dark stay in one city, best of his power to the good tions and to pave the way for with heavy losses. And that Judge Jugo of Manila and relations between the two coun- a drive on Kwangsi Province. is what is likely to happen on Palawan la accompanied by Mm

In this connection, it is of other fronts.

No, three sons, and a Caughter, tries.

The transfer books of the Com. pany will be closed from the 15th April to 26th April 1989, both daya inclusive:

LAU TAK PO, Managing Director.

BRITAIN'S ENVOY

new

TO SPAIN

with troops:

nected with the Asiatic Petroleum

an introduction was

The visit to Hongkong for the

The Mexican dollaz, with its weight of 418 grains, troy, and of a fineness of 10900 became the forerunner of a whole series of other dollars, intended not only to provide "China with a standardised silver currency, but also to enhance the na tional prestige of the country

of Isspe.

has within the

past two · Tears ||| AS- sumed the mantle of great- news formerly held by the northem elty on the Whampoo," and silver, refining establish ments have been enabled to do. a roaring trade. Even sliver dollars ro" into the erncible. and, having brought up to the required standard of 0.998 by the removal of the alloy... STO

The process of refining as carried Mr. and Mrs. E. De La Rama with out by these Chinese esta their daughters having arrived on ments is remarkable Tuesday morning in their motor

(Continued on" Pagu 8). ship the Don Esteban from Lotio

for