1940-09-25 — Page 9

HONGKONG DAILY PRESS

Philippines Immigration Law: Regrets Expressed By Japanese Envoy

Becalled by the Japanese foreign office, Tan-Ichiro Yoshida, Ja- panese Consul General for the Philippines left Manila on Sept. 16 with his family on the NYK LINER Kitanu Maru, apprehensive that the "existing friendly relationship between our countries might be torn to pieces by a mere stroke,"

He made reference to the enactment of the new Philippine im- migration act, reports the Manila Bulletin.

Was

FINANCE & GENERAL

Finance and Commerce

EXPORTS TO JAPAN

U.S. TO TIGHTEN

CONTROL?

Britain

WEDNESDAY, SEPTEMBER

25, 1940.-PAGE 9

Richer After One

Year Of War capacity of our building trade to

BROADCAST TALK BY MR. KEYNES

WASHINGTON, Sept. 24 (Neu- LONDON, Sept. 24 (Reater)--- Britain re- ter-The possibility of new After a year of war

to mains richer in national wealth American economic, measures

the beginning of 1987, restrict Japan arose yesterday us than at

re-instate within the same period.

It we suffered 1,000,000: worth of damage every night- for a year, we should not have lost more than four per cent. of our buildings and contents or more than could be restor- ed in a couple of years.

Mr. Yoshida was among the five lect the happy memories of the ambassadors, 19 ministers and 16 Philippines."

Consul Yoshida assumed charge holders of consular posts who were;

DÆFERRED PAY PLAN told to return to Tokyo by the of the local Japanese Consulate

Referring to his deferred pay Japanese foreign minister in con-on Nov. 28, 1939. During his term

a result of the Invasion of Indo-affirmed the eminent economist, plan, Mr. Keynes expressed the nexion with a sweeping, shakeup of office, his chief concern

Mr. J. M. Keynes, in a broadeɛat opinion that sooner or later some in the Japanese diplomatic staff, the cultivation and development China.

more drastic methods would be Vice Consul S. Kawaminami will of Philippine-Japanese trade and

Mr. Keynes said that wastaxe necessary. Although the Govern- take charge of the local consulate promotion of friendly relations be

not yet adopted · his until the arrival of the new Nip-tween the two nations." He encour include tighter control of exports of national resources. which Briment, had pon consular representative... aged the investment of more Ja-of oil, scrap iron and other matish suffered hitherto, was eastly plan, there had been no significant

panese capital in the Islands and terials of which Japan makes exaggerated.

large purchases, importation into Japan of raw materials which are abundant in the Philippines.

Consul Yoshida suggested sending of goodwill

It is stated in well-informed last night" circles that such restrictions might

degree of inflation yet.

FARTING SHOT

"Stop thinking that after the It had not been necessary in the Consul General Yoshida took a

war we shall have to lower our first year of war to ask for serious Despite Japanese parting shot at the passage of the

assurances new immigration law, expressing

the that the territorial integrity and standards of life." he said. "I see economic restrictions. The second year 1 in truth the first year of the fear that its enactment might

missions, French savereign rights would be no keithon of that."

He added: "On the contrary, I real war for Britain. be interpreted in some quarters as

"We have the freshness of being directed against Japanese delegations or committees to Ja-respected, the invasion of Indo- Immigrants, thereby hampering in pan by the Filipinos, because they China is regarded in official quar: hope that we shat have learnt

has already suffered some way the "friendship and un-"are demonstratively instrumental ters here as a serious threat to something about the conduct of fighter in the first round whereas

la fostering international relations, American interests and policies in currency and foreign trade, about Germany

controls and about the capacity nervous tension and muscular ex- derstanding between our peoples."

the Far East.

of the country to produce, which haustion of prodigious effort. But The departing Consul-Generalamity and understanding.”

will prevent us ever relapsing into we must not be deceived about our pre-war economie morags. what will be required of us when we are fighting and producing up to our full capacity. So it will be worth while having about taxes.. wages and prices which will keep the position as sound and good as It is today,” he concluded,

RETURN VISITS

was hopeful, however, that his fear He endorsed a plan of some Is "a mere nightmare, like misap members of the National Assem prehensions and distrust in soine quarters, because as I have men-bly to return the visits made by

tioned occasionally in the past, our amicable intercourse can be traced far back into the legendary period,"

*

IMMIGRANT QUOTA The immigration act was enacted By the National Assembly notwith- standing protests lodged by the Japanese government

United

members of the Japanese diet.

He said the Japanese people I would fully welcome the op- portunity to "express and de- monstrate once again the feel- ing of friendship and goodwill they hold for the Philippines and her people."

LONDON METALS

EXCHANGE

London, Sept. 23 (Reuter). Tin, Standard, Cash, Middle Price, £254-1/4...

的

POST-WAR LIVING There is no reason why people should not look forward to higher standards of Hving after the war than ever they enjoyed."

He believed that he would prove

Tin, Standard, 3 months, Middle no far wrong if he said that the Price, £258-1/4.

Strength entirely due to While he refused to comment on

Far Eastern" crisis. Consul nouncement of freer exports.

with the the States authorities. The Yoshida stated that the "salvation measure fixes a quota of 500 immi-from world chaos and misery is grants for every country except the sole hope of every living man,

BLACK&WHITE

J

*FINEST QUALITY IN SCOTCH WHISKY

NO IF OR MAY BE IT'S THE SCOTCH.

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Tuesday, Sept. 24, 1945. SALES

damage done to London since the MARKET REPORT Chins Providents

an-beginning of August had not been much greater that the normal

FROM BOZA BRÜS

Tuesday, Sept. 24.

H.K. STOCK EXCHANGE

The market today was quietly steady, with little or no change.m rates, and a small volume of Baidu ness recorded.

BUYERS

Dairy Farms ........... 200

100

500 $4,50 500 4.55 18.76

18.85

HK. Fire Ins, $150.

38.25

the United States. Prior to the woman and child and the great HONGKONG SHARE QUOTATIONS being 23.1/2 and 237/18 respec-Star Ferries

enactment of the law, Japanese task of reexamining the Interna-, immigrants could enter the coun- tional problems of the world try in any number. The new law

towards mutual understanding lies STOCK EXCHANGE, will take effect on Jan. 1, 1041.

Aurora Bellera Consul Yoshida, pointed out that the present trade between the Philippines and Japan is next to that of the United States.

"Considering the tremendous 'natural' advantages the two countries have with respect to each other, such as natural resources, climate, population and geographical propinquity, our total trade could in no way be viewed to be normal and therefore, I firmly believe that It could be easily doubled or even tripled without much dif- ficulty; he said.

"HAPPY MEMORIES

on the shoulders of the youth of today."

STUDENT CONFERENCES He is in favor of the holding of periodic student conferences to be held alternately in the Philippines and Japan with a view to strength- ening the cultural ties between the two countries and promoting and cementing better understanding between the youths of the twó countries.

$1305

Consul Yoshida succeeded acting Consul Jitaro Kihara. presently senior attache in the Japanese | $150 embassy at Washington. He served

as vice consul for Japan in Port-

Chicago, land, Oregon,

"and He took occasion to express his Honolulu From 1933 to 1937, he "sincerest appreciation to Their was chief of the sections of Japan- Excellencies the United States ese foreign office in charge of the High" Commissioner to the Philip diplomatic affairs of Europe and pines and the President of the Africa, and countries east of "Commonwealth, my, colleagues and Suez and south of Hongkong.

friends who have rendered their He was later named consul gen- unselfish devotion toward my tre-eral for Calcutta, India. This was his last designation before ne quent untoward solicitation."

He is grateful to the hospitality came to the Philippines. He was shown to him by the people of the promoted last year to the rank of Philippines. He said that although councilor of the embassy and min- his stay in the country was very ister plenipotentiary and envoy ex- short, "I am sure I will often recol-traordinary.

IRELAND FEARFUL OF A REVOLUTION

DUBLIN," Sept 10-Authoritative Irish sources declared today that any attempt to end Eire's neu trality in favor of Great Britain would be likely to provoke civil war and chaos, writes Real S. Moore in the Manila Bulletin,

If neutrality were dropped, Eire's new position would create Internal and external dangers to Britain, these sources said, It would pro- *vide a possible excuse for invasion and might set off a socialist revolu- tion in Eire which might have za percussions in England.

FEARS EXPRESSED··· The same Truth leaders, however, expressed fear that a victorious Germany would seek to maintain a second-rate Fire's status as power, which might lead to further oppression.

"If Germany wins," one com petent authority mid. "Eire. which in the past had to fight on only one political front, may be obliged to appease the claims of two European- "pawers.!!..

Eire's neutrality must, however, bea watchful, armed neutrality which would be the best protec-[ tion for England as well as Eire," these high sources explained. The dispatch of British soldiers to pre- pare the defense of Ireland they sald, would have the opposite re sult and probably would turn the Trish openly against the British

ISLAND POSITION

Fire's faland pontion a rapidly xpanding armed force determined

to resist any invasion, and a strong, sense of national cohesion, they claimed, place her in a better posi- tion for defense than neutral coun-- tries on the fringe of Europe which went down before Germany's blitz- krieg blows.

Because of Eire's strategie position, most Irishmen belleve Hitler would not be content to leave this nation untouched if he were victorious,

Current rumours here that a vic- torious Germany might try to re- vive a Celtic union linking the people of Eire, Scotland, Wales and Brittany as a check against any possible revival of England are regarded as an indication of Ger- many's generál alins.

"The role of a buffer state is not one which a majority of Irishmen would willingly accept," a loading authority said,

Baton

Nominal

£72

£67

£6

EX

£11

872

SHARYBROKKES' ASSOCIATION

Nayer

Ballers

Somina}

TUES AY 24 SEPT. Banks

R.K. Banki

Do. (Col. Beg.) ... Do. Los. Reg.) .... Chartered Banks ................. Mercantile Bke.~~A**: Marcantile Bks. "C". Bank of East Asis.... N. C. & S. Banks,.... Insurances

$200 Canton Insurances......

$400

Union Insurances......

$1

Underwriter an

T.K. Fires.............

Shipping

$120Douglass

Steamboats Indo-Chinas (Pret.)...

Indo-Chins (Def.)...."]

Shells

411

8100

$30

#72}

15

$10

*

:

.:

2,820

Silver prices rose yesterday to HK. Electrics (N)« ...... 720. the extent of 1/18 for Ready and

500

38.25 1/8 for Forward, the quotations H. Telephones (N) 200 10.00 100 60,00 tively. Silver advices reported Speculators as having bought to a small extent. The market 'was steady but quiet." American Bliver was quoted at 34.3/4 for Spot.

The London New York

cross- for near at 3.31/64 and U.S. Dollars rate was quoted at 4021/2 New at 5.5/16 for Spot. York/London was quoted at 404.

MARKET

$1300

£78

£87

28)

Dail

£11

150. ct.

$190

$400

$150

$120

·$100

$100

35/7

$6.90 Waterbosta

35/74

$6.90

Docks, Wharves,

Godowns, etc.

692

H.K.K. Viharves...

892

$4 55

Providents.dent

$4.45

$18,80 HK Docká (Old)............

$10 H.K. Docks (New).... 816 #374 +Shanghai Docks......

$16.80

$371

Mining

15/0

$7.85

:::

83.40 83.55 87.15

831.40

3

16/0

Kailans...

$91 Raubs

1 cts. Hong Kong Mines..... Lands, Hotels and Buildings

#3.60 HK, & 9. Hotels.......

$100 Do. 4% Debentures.... $12.60 Shanghai Lands.........

H.K. Realties...ia.... Humphreys ...........

$101 Chinese Estates.

BIL

Cotton Mills

Ewo (S.)

$182 | 8'hai Cottona (8.)........)

Zoong Sings (8.).......

ཚ་

$3.55

#31

$100

*#34

#72

$14.

#210

Wing On Tortiles (8.)

$125

Public Utilities

$15.85)

816

H.K. Tramways....... $15.80

$7.40 Peak Trams (old)....

$3.70

Peak Trama (new)........)

258

Star Ferries...

$60

홍모모

Y'mati Ferries......

8227

B

$7.05

China Lights (0)..

$7.05

14

3381

Chion Lights (New)... H. K. Electrics (Old)...)

$4.05

9381

#37)

$38

$17 $16

$244

$10

#1

$10

NEGATIVE POSITION Agitation for return of Uister has diminished greatly amid more serf- ous problems arising from the war. But leading officials said the Ulster question must be settled when $18 there le peace. Ulster might become a serious point in case of German victory.

Commenting on Eire's position à will-informed German here sald

negative "Neutrality is position which earns no reward. However, there has long been' a high degree of respect and goodwill between the German and Irish people, and there IE no reason why this should not contime.

$8.60

H.K, Electrica New). Macho Electrics (Old) Macro Electrics (New) Sandakan Lights........ Telephones (old)........ Telephones. (D)

S'pore Trictions (Ord.}| Industrials

814.90 Cald., Maag. (Ord.) 8. $12 Cald., Macg. (Prof.)8.

Canton Ices...........................

Cements mini

H.K. Ropes “HK, Govt. · Loans

$99 4% Loan

$95 81%”

(1934) $95 31%

(1940). Miscellaneous. #184 | | Dairy Farmu.....

Entertainments.

$1.00 Constractions fold)....... Constructions (new).......

$7.45 Lane Crawfords...... Tobacco...... Nanyang $2.15 Sinceres

35. Chi G.5% 1925G$Edm.

139 · 11.K. Wing On

88.86

$8.95

Wataba

Marsmans Inv. (Lon,

S'hai Wing On

Vibro Piling

8/9

4/0

Maraians Inv. (H.E.)

Wm. Powells

Bale to Shanghai

ww

VAD

$344

$10

50 eta.

$151

100% 195

STERLING

Nothing doing. There were sell- ers at 1/2.31/32 for near and forward, buyers at 1/3 for any delivery,

U. S. DOLLARS

No transactions were reported, There were sellers at 22.13/18 for near, buyers at 22:7/8 for Cash.

SHANGHAI DOLLARS Opened with sellers at 427 with business done at 427.1/4 and also 427.1/2. The market closed at 1 p.m. with sellers at 427.1/4.

SHANGHAI MARKET

There were sellers of Sterling

The total value is $64,625.00.

AFTERNOON MARKET

Quiet.

STERLING

No business was reported. The market closed with sellers at 1/2- 31/32 September/December, ers at 1/3 for any delivery.

buy-"

U.8. DOLLARS - The market closed with sellers at 223/4 for near and probably 22.13/18 November, buyers at 22. 7/8 for Cash.

SHANGHAI DOLLARS Closed with sellers at 428.1/2.

SHANGHAI MARKET Closed with sellers at 3.1/2 and U.S. Dollars at 5.5/16 for Epot.

Humphreys, 57.15.

Realties, $3.40. Trams, $15.89. Star Ferries, $59. Yaumati Ferries, $22. China Lights (0), #7. China Lights (N), "$4. Electrics (0), $38.25. ~~Electrica - (N), 13780.

Telephones (N), $9,80, Ropes, $5.50. Dairy Farms, $18.50. Watsons, $8.85. Entertainments $6.50,

SELLERS

Realties, $3.635. Trams, $16.

China Lighta (0), 37.15. Macao Electrics (O), $17. Macao Electrica (N), $18. Telephones (0), $24.75.

SALES

Providents, $4.55. Star Ferries, $50. Chiris Lights (0), $7:08. Telephones (0), $24.50. Cements, $18.

PRE-PAID ADVERTISEMENTS.

The following classes of advertisements are charged at the price given below imm SITUATIONS VACANT.

HOUSES AND APARTMENTS WANTED.

HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.

Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.

WANTED KNOWN'

ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Bables' outfits, etc., at $5.00 each for workmanship.

Wool and model desired, to be supplied by customer.

Send particulars of address, etc., to Box 502, HKDP.

That "WE" have an outstand- ing assortment of latest American dresses for all occasions and price to suit all purses. Call at "Vanity Shop" (Lazarus) Pedder Street.

Experienced Book-keeper Wants Students to form a class. Guaran- tee students to keep a whole set of books after completion of a course of 8 months. For Term and Par- ticulars. Please Apply to:-Box No. 463 c/o H.K.D.P.

WANTED TO BUT

WE OFFER HIGH PRICES for

any amount of gold

ROTELS

RUSSIAN CUISINE

MORE POPULAR EVERY DAY

METROPOLE HOTEL

FOR SALE

For Sale' Fifty sets of Jubilee and Coronation Stamps 1st day Cover. What offer? Please apply to Box No. 455 c/o The HKDP.

Just Received Fresh Supply

Best varieties of Reliable and tested

35.80 diamonds, Jades, etc. No holidays Flower & Vegetable

Apply China Building, 7th Boor.

Tel 30727. Eurasia Gold Refining

We pay high prices for all Gold 36&Suver articles, Diamonds, Jade and Gold dust. Apply China Gold Refining Co., Pedder Building, 2nd floor, Room 6

Wanted to Buy 2nd Hand Type- writer in Good Condition Please

Seeds

From Button and Sons, Ltd. Reading in pictorial packets

GRACA, & CO.

Dealers in Garden, Seeds, Postage Stamps, Picture Books &c. No. 10 Wyndham Street'

Hong Kong

apply to Box No. 464 c/o The Established 1866. HIDP

TEA DANCES Tuesdays

Thursdays

aturdays Sundays

5 to 7.30 p.m.

ENGRAVERS

FEI FEI & CO, Photo Engravere

18, Cochrane Street Telephone No. 2224,

AUCTIONEERS

GRLATEST COLLECTION OF BARGAINS IN TOWN!

BAAIMERTS AL CHION BOOM Lomateng Member

Teleprov NG BUSKI

Jimmy's

$1.86

$7

$33 12.20

Co.

$8.90

$8.95

$39

14:

38

articles.