1940-08-07 — Page 9

HONGKONG DAILY PRESS

JAPAN'S DREAM OF WEST PACIFIC DOMINATION IS TRACED RIGHT BACK TO LAST WORLD WAR

TOKYO, —POLITICAL OBSER VER ABE RE-EXAMINING TODAY JAPAN'S ACTIONS IN THE LAST EUROPEAN WAR IN AN EFFORT

TO CHART HER PROBABLE COURSE DURING THIS ONE, Writes Relman Morrin, "Associated Press Correspondent who was recently detained by the Japanese authorities, in an article appearing in the Manila Bulletin.

·The end, they assert, is the same to establish herself as the dominant power in the western Pacific, from Siberia to ́Australia. The means of pursul are only slightly different.

In the world war, Japan:

FINANCE & GENERAL

•Finance and Commerce

METAL DUMPS | HONGKONG SHARE QUOTATIONS

IN VILLAGE

NEW SCHEME FOR

SAVING SCRAP

A new step in the national sal- vage campaign is a plan for vil- lage metal dumps. It was In- augurated recently.

under voluntary

With depots

1. Joined the Allies, and madej Some influential Japanese are workers to which old tron and a clean sweep of German posses preaching self-determination for tins in villages may be taken, the slons in China and the South all Oriental peoples-naturally in scheme will tidy up the country- cluding the Japanese, Burmese, ¡side, provide raw material for 2. Presented to China the Ceylonese, Indo Chinese, and others munitions and ald the Red Cross, famous. Twenty-one Demands, de- who now populate European-held to which the net proceeds go. signed to consolidate her position | colonies.

Sepa,

In short, an Asiatic in Manchuria and Mongolia, to constellation with Japan as the provide special influer.ce in sun and a number of small sate!- Shangtung, to obtain important les swinging around her. economic rights in the Yangtze valley, to control Chinese harbours and coastal areas, and in general. to give her complete economic and political supremacy in China..

3. Concluded a semi secret pact with Great Britain, wherein the two countries agreed to divide be tween them, the Pacific islands

Thus, Japan has seized the present "golden opportunity" to apply to the southern Orient the same policies that were employed in China during the last European war. She has:

IRON-CLAD AGREEMENT

Since December, total salvage! £125,000, and waste-paper collec- sales have risen from £30,000 to

tions from 4,500 tons a month to 16,500 tons. More than 100.000 tons of iron and steel scrap are now saved each month.

SALVAGE PROBLEM Old tins are a salvage problem. While best grades of scrap are worth up Каз 25 a ton, tins, of which 10,000 are needed to make aton, only fatch 35s at de-tinning

1. Forged what is considered an works.

formerly belong to Germany, with iron clad agreement with the Old cars and lorries représent, the equator as the line of de- Dutch East Indies government steel each. They also contain marcation.

guaranteeing continued access to on the average, a ton of Iron and

Versailles.

4 Signed treaties with each of the islands of, tin and rubber. parts which are now particularly the Alles which virtually obtain - | 2. Brought about the suspen-

valuable as spares. Hence motor ed recognition of the territorial ston of trade between French dumps are not being disturbed for claims Japan ultimately made at Indo-China and China, placed

the present.

Unwanted railings round parks warships In Indo-China waters end a military naval inspection and squares are being uprooted in numerous places. "Nottingham Indo-China territory. party in won the right to use Hanoi as decide what railings the city can has just appointed a committee to stop-over and cross Indo-China give. Many other councils

and 1018, Her

* LARGELY SUCCESSFUL That was Japan between 1915 effort, largely successful, was to establish her self in a Arm position on the Astatic mainland, External con ditions already paralleled those existing today.

Then, as now, her European competitors in China were too deeply engrossed in. war to offer much resistance.

Then, as now," the United States assumed the role of Japan's major opponent.

with a Japan Slam airline.

. CROSSES EQUATOR 3. Concluded 1 treaty of friendship with Siam.

4. Demanded that "Great" Britain close the Burma, road ..to China.

also active.

U.S. - SOVIET TRADE PACT

fre

WASHINGTON, Aug. 6 (Reuter) --Mr. Sumner Welles, the U.S.. Assistant Secretary of State, an- nounced that a new Russo-Ameri- can trade.

be completed soon.

5. Completed military opera- tions, the effect of which are to surround Hongkong. the British Crown Colony. Thus, Japan has already made

agreement replacing Observers regard Japan's actions today as merely an extention of the her influence felt in areas south that expiring today will probably of the equator, The problem of cycle launched in 1915. So do many Japanese. They speak of "the consolidating these gains remains. golden opportunity." In a cent addreas, the minister of war asserted that. "Japan's policy of non Intervention does not mean! standing with folded arms.”

te

.:

He said that he understood To this end, she may openly join that the agreement was in the been Germany and Italy-though not it offing but had not actually

reached. Whether. the agrec- is believed, as a belligerent,

Closer relations with the axis ment will merely extend

existing

under which powers depend, Japanese say, on the attitude of Germany and Italy Soviet agreed to purchase $40,

annually to the Fast. Eastern colonies of 000,000 worth of goods

Mr.

one

the

the

detalls

signing.

'GOLDEN OPPORTUNITY' On a larger scale, Japan is pur-France, Britain and Holland. If was not disclosed. "suing the same ends in 1940 as she the axis shows signs of taking

Welles said the was in 1814,

these territories for itself, then must await the Her official spokesmen speak ht Japan, automatically, will be in when they will be simultaneously

"Asiatic Monroe Doctrine." opposition to them.

an

FIGHTING

FOREST

FIRES

announced "in Moscow.

PASSENGER STEAMER

MINED

actual

Washington and

LONDON STOCK

EXCHANGE

LONDON, Aug. 6 (Reuter)-The

Industrialą was the best section, | showing useful gains on Fruvincial support. Kaffrs *occasionally strengthened.

STOCKHOLM, Aug. 6 (Reuter-Stock Exchange market was well According to dispatches from the attended and the tone was firm. Danish port of Helsingborg. great despite small turn-overs. activity by German minesweepers Aircraft play an important part was observed yesterday off the in safeguarding Canada's vast Danish shore of the Sound, follow- forests from the ever-threatening ing an explosion "which damaged a rayages, of fire, according to the crowded passenger steamer near Dominion Forest Service. Depart the entrance to Copenhagen Har-initial advance and Oils, on less ment of Mines and Resources, | bour. Ottawa.

In this explosión one person was

As a result, the Copenhagen

Out-edged fully maintained the

prominent issues, strengthened.

Wall Street was steady.

Malmo steamship service has been UNEMPLOYMENT IN

suspended.

In remote forest areas which injured, áre. not covered by permanent lookout detection systems, the plane provides a rapid means of spotting, reporting and reaching It is supposed here that the ex- forest fires. Ontario and Mant-plosion was due to a mine laid by toba maintain their own air forces British aircraft. ·

for this work.

14

Saskatchewan also uses planes

"H

BRITAIN

LONDON, Aug. 6 (Reuter)-- Between June 17 and July 15 there was an increase of 80,431 in the number of registered unemployed, the total being E27,266,

for this purpose, but secures them eyes of the observers. When a fire as required from commercial air is spotted, the observer of a radio-

The increase is attributed to the services under contract. On occa-equipped plane at once notifies Government policy of reducing home' consumption and concentra-

alon other forest protective ser-headquarters of its location, but vices in the Dominion also make 12 radio is not available the fire is ting on export trade.

· use of aircraft on this basis.

+

PROTECTION WORK

In forest protection work the

plane serves a triple role--spotting

not usually reported until the plane returns to its base,

AIR PATROL

and reporting fires, transporting the air patrol, the protection offi- As soon as a fire is reported by men and equipment rapidly to cer arranges for the dispatch of otherwise not readily accessible men and equipment to the scene. fires, and directing and co-ordinat-

If this is known to be at

ALCANTARA-LEAVES RIO DE JANEIRO

RIO DE JANEIRO, Aug. § (Reu- ker)-EMS Alcantara, the British armed merchant cruiser, which had a brush with a German raider

ing the efforts of fire-fighters on rather inaccessible point which in the South Atlantic last week, extensive fires.

would entail much delay to reach left here yesterday. When used for, patrol purposes by ordinary means of transporta- The Alcantara put into port 2 the aircraft are maintained at a tion, the fire-fighters are loaded few days ago for repairs to her convenient baser In most cases, on a transport plane and flown to engine room, which was damaged flying boats or pontoon-equipped a suitable landing spot as near the in the engagement. machines, which can land on the fire as possible

many lakes in the north country, The fire-fighters then reach the

are used.

burning area with the minimum When the forest protection orf-of delay,

"

Central News reports that a

STOCK EXCHANGE,

Sales Nomfort

Bayer Sellers

1915

10 cts.

$1185 C.D. X.D. | £68

COF

£OF

£28

21

#73

SHAR BROKERS” ASSOCIATION.

TUESDAY

6 AUG. Banks

H.K. Banka

Do. (Col Reg.) Do. (Lon. Reg.).... Chartered Banks.......

Mercantile Bka. "A' Mercantile Bka. "C". Bank of East Asia...... N. G. & S. Banks..............!

Insurances

Canton Insurances............|

#350 Union Insurances...... *** Underwriter............ 160H.K. Fires........

Shipping

Buyer

Baler Komina?

C.D.

$1180

Loo

£83

+963

F93

Enf

$73

60 ot.

$214

$350

20 cts.

$160

150 Douglasea .....

$120

$11 Steamboats

$10

$100 Indo-Chinas (Prit.)..

$100

$6.90 Walerboats

#80 Indo-Chinas (Def.)..... 33/1 Shelis

$100

33/14

$6.00

Docks, Wharves,

Godowns, etc.

$90

****

H.K. & K. Wharvos...

$80

$3.70

Providents......

$3.65

$16.40 H.K. Docks (Old).....

$181

$18

H.K. Docks (New).....

$154

#98

+Shanghai Dock........

$27

Mining

(16/0

Kailas

16/0

$8.50 Raubs

Sota Hong Kong Mines......

$3)

M

*:*:

:

Lands, Hotels and Buildings

H.K. & S. Hotels.......

139 H.K. Lands....

$100 Do. 4% Debentures.....

#10.10 Shanghai Lands.

$34

$7

H.K." Realties.

Humphreya".......

8101 Chinese Estates.

11

$35

Cotton MIK

Ewo (5.)

$200 S'hai Cottons (8.)

Zoong Sings (9.).......]

Wing On Textiles (S.)| $125

Public Utilities

$16 H. Tramways

$7.40 Poak Trams (old).....

F

$15

Telephones (old)...

Telephones (new).......

S'pore Tractiofis (Ord.) Industrials

| $14.90) Cald., Macg. (Ord.) 6.

$19 Cald., Macg. (Pref.}S.

Canton. Teas...

Cements

H.K. Ropes

HE. Govt. Louns

$15

P:

2

!!!!

$3

$391

$100

$3.70

#8!

WEDNESDAY,

AUGUST 7, 1940. -PAGE 9

No sleep last night?

TRY

"BLACK

WHITE

YOUR FIRST SIP TELLS YOU IT'S THE SCOTCH.

LONDON STOCK FRENCH PROTECTION

EXCHANGE

(RKUTER'S SERVICE)

London, Aug. 5. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibilty is assumed for errors in transmission.

FOR CHINESE INTERESTS

KUNMING, Aug, 8. (Central) The French Consul here has re- ceived a.. telegram from the French Indo-China Governor, Vice Admiral 'F... Decaux, promis ing to protect the interests "of Chinese merchants and to pro- vide a

satisfactory solution to their transportation problem..

This is a sequel to the repeated protests lodged by the National Government with the French Indo-China authorities in regard to the suspension of tramc од the Yunnan-French Indo-China

Railway.

$34

200

War Loan, 31% (Red

after 1852) Janton-Kloon Rly. 5%

100

6

Chinese 41% Gold Loan

$3.70 Peak Trams (new)....

$571

Star Ferries..

$57

1898 (Brit. Issue) Chinese 5% Gold Bonds:

30

$91

Y'mati FerrisE,......

821

1925-47 ......

35

$3.65

China Lights (0)......)

€8.30

Chin. 44% Anglo-French

China Lights (New).

Than

$3.65

36. K. Electrics ((Old)....

#361

Loan, 1908.

44.

$36 $17

H. K. Elerts ice(New)..

#364

Chinese 5% Orisp „Loan.

Macao Electrica (Old)

1012

13.

+

$10

Kacsó Electrics (New)

Chinese 5% Réorg, Loan,

EK & Shal Bank (Col.

Reg)

$11

Sandakan Lights.....

3

$22

1913. (Lan. Is.) Chinese 8% Ster. Notes,

18

Chinese Eng, & Mining

(bearer)

16

$8.30

1925 (Vickers)

Chosen Corporation

Chin. Imperial Rly, 5%

Loan

Pekin Syndicate

40

S'hal Elec. Constr. Co.

15

Honan Rly, 5%

S'bal Waterworks "A"

131

$15

50 sta. Hukuang Rly, 5%, 1911...

(LP. N/Y Issue)

Union Insurance

20

12

Gula Kalumpong Rubber

13/9

#4

Hukuang Rly, 5%, 1811

B.-A, Tob. (bearer)

78/3

- (German Issue)

Mercantile Bank

111

102)*%

$95

Lang Teing & U. Hai

Dunlop Rubber

27/3

Bristol Aeroplane.

10

Bħal-N'King Rly, 5%

Imperial Chemical Ind. 25 United steel

17/3

Woolworths.

54/104

Marsman Investments

8/13

$2.05

$8.10

#39

K. Wing On

$30

Vibro Piling,

S'hal Wing Op *******

$14

(German Stpd.) ...... Tientsin-Pukow Rly. 5%

(Brit, 8tpd. Supl. Loan) 8 Tientsin-Pukow Rly. 5% (Ger.Stpd, Supl., Loan) Jap. 8% Ster. Loan, 1924 234 Ger, 7% Intl. Lean, 1924 5 Chartered Bank ......

8.

Western Holdings .....!!.... 7/8 Sub-Nigel

·155

Shell Trans. &

(bearer)

Trad.

33/11

8

64

8/1

Marsmans Inv. (Lon.)

4/0

Marsmans Inv. (EX)

HK. & Shai Bank (Ldn.

Reg.)

-63

144 i

$3

140

$4

$99

4% Loan

(1934).

(34%

895 31%

$95

(1940). Miscellaneous

818 Dairy Farms.

$6.60 Entertainments

1.60 Constructions (old)..

Constractions (new)....!

$7.46 Lane Crawfords.......

Nanyang Tobacco...

$18 Bincares

Watsons

36. Ch. G.6% 192503Bda.

$1

Wm. Powalls..

+Sale to Shanghai'

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

HK. STOCK EXCHANGE

Trading was on a very poor scale.

BUTERS Electrica (0), $38.25. Cements, $14.50.

SELLERS Cements, $15,

NATES

·Hotels, $9,10,- Lands, $32. Mectrică (0); $26.50. China Lights (N); $3.60.

HONGKONG

SHAREBROKERS

ASSOCIATION

cer concludes from the knowledge In the United States experiments hospital and a school of Chinese of weather conditions m the re- are being conducted in dropping medicine will be established in Volume" of Business Transacted gion that the fire hazard is high men, equipment and supplies from Chengtu" by the Brechwan on Tuesday, Aug. 6, 1940, he issues instructions for air planes by parachute in the vicinity branch of the National Institute China Lights (N) 100 3.60 patrols

w of the more inaccessible fires of Chinese Medicine. The project HE Lands: 145. 92.00 The aircraft fly over the area These experiments are being wat has been submitted to the Bzech- following definite laid out courses ched with interest by the Canadian wan Provincial Government and so that all points come under the forest authorities

suitable mites are being selected.

The total value in: $5,008.00.

NUD

!!:

*****

404

$18 $8.20

Rig. 5% 1913

Tientsin-Pukow, Rly. 5%

(Brit. Stpd.)

$1.85Tientsin-Pukow Rly..5%

Hongkong Daily Press CLASSIFIED ADVERTISEMENTS

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