HONGKONG DAILY PRESS
Mr. Churchill's Speech
Continued From great preponderance of the German Army in numbers,
"Our fighters of the Air Force might easily have been exhausted as a mere incident In that great struggle and we the have found ourselves st present time in a very serious plight,
"As it is, I am happy to inform the House that our fighter air strength is stronger at the present "time relatively to the Germans, who have suffered terrible losses, than it has ever been.
Pare 4
(cheers)
and
the United States especially of airplanes and pilots from the Dominlong, and across the oceans who will come from. their regions which are" beyond
the reach of the enemy bombing.
"I do not see how any of these factors can operate to our, detri- ment on Winter
comes
Financial Help For War Period
LOANS WITHOUT
INTEREST
LONDON, June 19 (Reuter)-In balance before the the House of Commons yesterday, and the winter the question put to the Chancellor will impost a strain-upon- the of the Exchequer as to whether Nazi regime with almost an he would consider raising a public Europe writhing and starving unlean, tree of interest, for war pur- der, their heel which, with all poses, evoked the reply that the their rathlessness, will harm them Government had already received very hard.
such money from many public- minded citizens and institutions.
have indicated Many people their anxiety to show patriotism this way. He, therefore, now ip- pealed to any person or Company willing to advance money to the country without" interest, for the term of the war to send it to him.
REPAYMENT AFTER WAR
GREAT CAPACITY "Consequently we belleve
"We must our-
not forget that from the time when we declar- selves to be possessed of a great capacity to continue the war in ed war on September 3, it was the air and under better condi always possible for Germany
ever experi- to turn ali tions than we have
her air force apon this country, together with any other devices of in- vasion she might have ceived and that France could de little or nothing to prevent It.
enced before.
"I look forward the exploits of our
conndently to fighter pilots who will have the glory of saving their native land, their Island home and all they love from the most deadly of all attacks.
"There remains the danger of bombing attempts which will cer- tainly be made, upon us very soon by bomber forces of the enemy.
COD-
"We have, therefore, ilved in this danger in principle and in a slightly modified form during all these months,
Ä
certificate will he issued entitling the donor to receive re-" payment three months after the conclusion of a peace treaty. An alternative procedure, particularly for those wishing to lead under a hundred pounds will be to make a Post Office Saving Bank deposit with Instruction to surrender the
NO PANIC OR DISMAY "It is quite true that the "Ger- "Meanwhile, however, we have man force is superior in number to increased enormously our methods ours but we have a very large of defence and we have learnt interest to the Treasury, bomber force also (Choers) which what we had no right to
FINAL VICTORY
assume
He invited" persons and Com-
we shall use to strike at military at the beginning, namely, the in-panies willing to make loans for a targets in Germany without individual superiority of our aircraft lesser period than that specified termission....
and our pilots,
above to communicate with the "Therefore, in casting up this Treasury, "I do not at all underrate the dread balance, sheet and contem- severity of the ordeal which lles plating our dangers with a disil- coun lusioned mind, I see great reasons before us, but I believe our trymen will show themselves cap-for intense vigilance and exertion, able of standing up to it like the but none whatever for panic ar brave men of Barcelona (Labour dismay.
"cheers). They will stand up to it "During the first four years of and carry on in spite of it and at the last war, the Allies experienc least as well as any other people ed nothing but disaster and dis. in the world.
this
"Much will depend on and every man and overy WO- man will have, a' chance to: show the finest qualities of their race and render the highest service of their cause. “All us at this time, what- ever, our sphere, our status, our" occupation or our duty, will do well to remember that famous line 'He nothing com- mon did, or mean, upoù,” that memorable scena."
more
abyss of a new dark age made more sinister and perhaps prolonged by the lights of Der- verted science. ·
Therefore, let us go to our duty. Let us
"so bear ourselves. appointment and yet at the end that if the British Commonwealth their morale was higher than that Empire lasts for 1,000 years men of the Germans who had moved will still say "This was their anest Trom one aggressive triumph to another,
Te-
"During that war, wo peatedly asked ourselves question: How are we going to win?, And no one was ever able to answer it with much precision untill at the end, quite suddenly and unexpert- edly, our terrible' foe 'collapsed before us, and we were - so“ glatted with victory that in our folly we cast it AWAY (Loud Cheers). "We do not yet know, what the soild practical grounds upon which we base our indexible re- will happen in France or whether solve to continue the way. I can the French resistance will be pro. assure them that all our profes-longed both in France and sional advisors of the three ser- the French Empire overseas.
"I have thought it right on this occasion to give the House and the country 50m indication of
vices unitedly advise that we should do so and that there are good and reasonable hopes of Anal victory, (Cheers.)
LOYAL DOMINIONS "We have also fally informed and consulted all self-governing Dominions, (Cheers). And I have received from their Prime Minis- ters, Mr. Mackenzie King, Mr. R.
"The French Government. will be throwing away great opportunities and casting away their future if they do not continue the way in cordance with their treaty obligations from which
We'
3.C-
have not felt able to release them
in
hour.""
"CARRY ON
LONDON, June 19 (Reuter) '—- Mr. H. B. Lees-Smith (Labour) spoke on the unity of the country yesterday in support of the Prime Minister.
carry
He added, "We shall right to the end".
מל
по
Sir Percy Harris (Liberal) "con- gratulated Mr. Churchill
his brave speech and the great lead- ership he has given his country.
Mr. Lloyd George assured. Mr. de- Churchill that there was no sire merely to waste time upon past, recriminations about the
but at the secret session on Thursday they ought to have very frank discussions as to where they stood now.
ཏ
Mr. Churchill said the debate in the secret session would be on adjournment and members would have freedom, but home defence was the focus of the session,
IN THE LORDS
LONDON, June 19 (Reuter) -- "The "House will have read the Viscount Caldecote, Leader in the
G. Menzies, Mr. Peter Frazer and historie declaration in which, at House of Lords, made a similar General Smuts, messages coucned the "desire of many Frenchmen statement to that of Mr. Churchill in the most moving terms in and of our own hearts, we have in the House of Cominons, which they endorse our decision proclaimed
willingness to Lord Caldecots mentioned the
war
NOTHING ABATED
go
of
and declare themselves ready to conclude at the darkest hour in magnificent contribution by the share our fortunes and persevera, French history a union of com- Dominions to our strength, and to the end.
mon citizenship,
said the Government had received "We may now ask ourselves in
many messages trom each what way has our position become "However matters may
them.- worse since the beginning of the France or with the French Gov- He confined himself to quoting ernment, we in this island and two-one from New Zealand pled- "It has become worse by the in the British Empire will never ging the Dominion to remain fact that the Germans have con- lose our sense of friendship with with Britain to the end and to quered a large part of the coast the French people.
render every possible" assistance. line of western Europe and "many "If we are now called upon to The other was from the Prime small countries have been over-endure what they have suffered, Minister of South Africa. It said: run by them.
the äiculties and we shall emulate their courage, "Whatever "This aggravates the possibil- and it final victory rewards our trials ahead and however long the ties of air attacks and add to our tolls, they shall share the gain road to victory may be, we hope naval preoccupations.
and freedom shall be restored to to follow it to the end in 'com-
· NO EASY TASK FOR GERMANS | all.
ני
Dany
with our
"It In no way has diminished "We abate, nothing of our just friends and Allies."
but, on the contrary, definitely demands, The Czechs, Norweglans, Increases the power of our long-Dutch and Belgians-all 'distance blockade.
"Should the military' reais- tance. Dome to an end in France, which it is not certain \yet' (cheers) though it will in any ease be greatly diminish- ed, the Germana can concen- trate their forces upon us. But for the reasons.I have given this will not be easy. "If the invasion becomes 17ore "imminent we are being relieved from the task of maintaining a large army in France and have afar larger and more efficient
forces here to meet them.
Who
our
have joined their" cause "to own shall be restored.
"What General Wergana has spoken of as the Battle for France is over. I expect the. Battle of Britain is about to begin. Upon this baltie de- pends the survival of Chris "dan civilisation. Upon it de- pends our own British lives and the long continuity of our constitution and our *pire.
Em-
Commonwealth
Was
FINANCE & GENERAL
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Bayer Bellers
14
14:
+
1310
*******
SHAREBROKERS' 'ASSOCIATION
Bater
WED., 19. JUNE.
Balleru Has Wominal
*
£78
£7
·Banke
H.K. Banka
Do. (Col
Do (Lon. Bag) Chartered Banks
1301 Mercantile Bks.
B12 Marcantile Eka, “03 873 Hask of Zool Asin ... }N. C. & I. Banks ... insuranoss
#918 Cinton Insurance ..... $430 Union Insuramen
88 ots Underwritori
$160 H.I. Firta di
Shipping
$190 Douglas comun $11teamboats
8100 Indo-Chinas
$20
47/6
Indo-Chinsa (Def).+ Abells
$6.90 Waterboste
$95
$3
Docks, WharTES,
Godowns, ete.
H.K. & X. Wherves Providen
|Provideuša" (new)]
Sibt H.K. Docks (Old)... #15 HK. Docks (New)...
1
JAT
(17/0
do Ris
Shanghai Docks 1. ... Mining..
Kailans
19.56 Ranbe
Veneznala. Gold Tida 6 cta, Hong Kong Kinan
Lands, Hotels and Buildings
לי
$435 H.K. Hotels $32 H.K. Lands ............... Siro Do. % Dobanduzys
10 Bhanghai Lands 1. $4.50 B.K. Racktion odat 88. Hemphreys goin $204 Chinese Bolates.......
Cotton Mil Ewo. (8.) TEATRITON, $810 B'ha Cotions (15.)
Zoong Rings (8.) .... Wing On Textile (8.) Public Utilitios
***
$16.00 TranzwBJS MINI
$7M40 Peak Promo (all) $3.70 (Pusk Teams (100) -- $90. Bir Turrian Comman $22. T'mati Ferrina
361
MING ⠀⠀⠀ amule
1141
$1310
£78
$74
THURSDAY, JUNE 20, 1940.—PAGE 9
COURVOISIER
THE BRANDY OF NAPOLEON Fournisseurbreveté de M. l'Empereurs
150 ot.
$218
3430
60 ots
$170
$120
11
$100
| COURVOISIEU
$100
47/6
$8.95
$15.75
895
#3
$164
COGNACS ET FINES CHAMPAGNES
17/8
$0.50
སྐ:ཟླ་;:
$3.90
$100
$38
$210
++
$135
$18.70)
$8 И
307
28.35
$6.10
(0)
#3 50
$3.50
$65
China New)
Chias Lights Eta.".
$58 EL. Horios `
$11 Sandakse Lights
Talphonse (call)
June. 19.
cross-
·DOD WELL & CO., LTD.
MARKET, REPORT
1. FROM ROZA, BEOS,
The price for Ready Silver rose
H.K. STOCK EXCHANGE
A few HK, Banks changed hands
$4.20 1/4 to 23.1/4. yesterday but the at $1300, Trams at $15.20 and“ $7.75 Forward rate dropped 5/18 to
$93..
21.1/2. Silver advices reported Bears as having covered for Cash. Speculators sold for Forward de- livery. The market was steady but quiet. American Silver was quoted at 343/4 for Spot.
The London/New York rate was quoted at 402.1/2 New. York/London was quoted at 363
There were some changes this morning. quotations were as fol- lows:--
Sterling 1/2.7/8; Straits 52.3/4; Yen 93; Rupees 82.1/2; UB.$ 22; Shanghai #365.
Guilders 41.1/4; Francs 'Nom.: Manila 44; Bangkok 149.1/2; Sal- gon 108.3/4
Steadier.
STERLING
A small business was done at 1/3 during the early part of the morning. Subsequently there were 19 sellers at 1/3 up to September,
buyers at 1/3.1/32 for any del $1.85 very.
U. S. DOLLARS
Opened with sellers at 22.7/16 with small business reported at $8.45 22.1/2 followed by transactions at 439 22.7/18 for June and 22.3/8 July.
China Lights (0), at $81.
SELLERS
Trams, $15.50. Dairy Farms, $20,
SALES
EK, Banks, $1300. Trams, $15.20.
China Lights (0), $6,50.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume Of Business Trainingcted. on Wednesday, June 19, 1942.
HK, Electrica Sinceres
100 $87.50
500
800
The total value 12 19,873.60.
LONDON METALS
EXCHANGE
London, June 18. (Reuter), “ Tin. Standard, Cush, Price, £284-1/4
Tin, Standard, 3 months, keďže Price, £264-5/8. ·
LONDON GOLD
London, June 18 (Reuter): Bar Gold, Fine per oa, 168,
96 The market closed with sellers at of the morning at 382, 381.1/2′′and
22.5/16 July. 22.3/8 June and buyers at 22,7/16 June and 22.3/8 first half August.
381.
SHANGHAI MARKET.
Sterling opened with sellers at 3.15/16 and UB) at 5.29/31., To- wards the close sellers of Sterling were reported at 3.29/32 and UB.
SHANGHAI DOLLARS 'Closed with sellers at 377. Busi- ness was done during the course Dollars at 5.13/16.
$91:10 Macho Mastries an
$234
$99
$7.80
Traction
23/0
**Tractions (peak) Den
18 Telephone (a)
2. Industrial
814.80] CALL, Mog. (Ord.) 8.
Cold., Macg. (Prol.) 8. Canton low maksm
$13
201
$1B Cuncia
0151
Ворая по
Miscellaneous -
320Dairy Farm........
Dairy Farm
$11 Contiraolioną
#1st.
$3,80
103
$7.45
Láda Crasfonde
37.48
{Nanyang Tobaste ....
$3.25
$2.60 (mouren
$9,10
$1.00
48) Walton
42% Ch. G.3%, 19960 $850,
1101 HE GOL 1 Lanta
$95
HE. Gork #4% Lom
$39 HK. Wing On “a
$39
$14
$8 Vibro Filling
10/0
Marmans 17v. (L406.) 4/0 Margmans Inv. (H.K.)
#1
Wm. Porsla u
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
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New Style Ready Made Dresses LONDON, June 18 (Reuter)→→
FOR SALE. The substance of Mr. Churchill's statement in the House of Com16, Wyndham Streck nons yesterday afternoon given to the people of Britain and in many parts of the world last night in a proadcast by the Fremier.
Large furnished or unfurnished Mr. Churchill said, "We have in room near Bus station, Waterloo large and Road, with Laundry and with or this island today powerful military force, including without Breakfast. Ber
all our best trained and finest For particulars please apply, to
Just Received
Fresh supply of the
best varieties of
"LET US DO OUR DUTY” troops, numbering amongst them Box No. 334, c/o HK. Dally PrReliable and Lested
The whole fury and might of scores of thousands who have al-Ltd or phone No. 30251...
ready measured their qualities 2: against the Germans and found
be the enemy must very soon
If Hitler can bring under he turned on us Hitler knows that themselves at no disadvantage."
despotic control the industries of he will have to break up this The remainder of his broadcast stantially sound, despite nippanes the countries he has conquered island or lose the war.
here and there," says Renters: was practically identical to his this will add greatly to his already "If we can stand up
hizi, all
statement in Commons.
Lobby correspondent. vast armament output.
Europe may be free and the
"GOOD RECEPTION. life of the world' may move for
IMMENSE SUPPLIER
It was agreed that the Premier Nominee displayed his usual skill in es "On the other hand it will not ward into the broad sunlit up LONDON, June 16 (Reuter)-timating the mood of the House happen immediately and we are lands. But if we fall, then the Members of all parties on the its concern for the situation now assured of immense continue whole world, including the United whole gave a good welcome to Mr. unalterable determination to unit ous and increasing support. in States and all that we have known Churchill's statement in the House on and its ability still to laugh the supplie
rom and cared for, will sink into the of Commons as being very sub- át his “disclosure, teta of munitions
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