M
HONGKONG DAILY PRESS:
- *-་་
FINANCE & GENERAL
Thai Acting On Rights: HONGKONG SHARE QUOTATIONS
Not Yet Tokyo Pawns
Like many another tense international situation the back. ground of the present celsis along the French Indo-Chins border has many facets, writes William Fisher, in the Manila Bulletin.
The simple conclusion that Thailand is just a little country trying to act big is no answer to the war which has been i hit-and-run affair thus far but threatens to develop into some- thing good deal more serious. Thalland, wedged in between. Barma and French Indo-China, has become a new finder box of Asla and quite possibly the next country in line for Japanese aggression.
There are several reasons be not he much rejoicing in Tokyo. hind the Thai demands against Laos is one of the world's natural French Indo-Chins which add up treasure houses, possessing fabu-
weeks lous mineral resources to clarify what for some
that the has been a pretty clouded picture. Japanese would not like to see go
west" EXPRESSION OF NATIONALISM
In the first place, they are an expression of the nationalism which has been brewing under the leadership of "Premier Luang Bipul, who was the hero of the second revolution in vss and nas the honour of being
one of the mest shot-at government heads fo the world. Bipul is an army man first and a statesman last
He has never forgotten the lessons he learned during his student days in a German mill- tarý academy, and his polley has been to teach the Thal people to gird their loins for trouble.
His iron-fisted' handling of the alleged plotters in Bang· · kok, the way in which the Chinese minority problem was dealt with and the general decline of democracy under his regime would seem to put Luang Bipul in the totalitarian class. He loves regimentation and constantly harps on That nationalism in his radio s dresses and publie pronounce ments.
STOCK EXCHANGE,
Sayers
SHARKBROKERS' ABSOCIATION
SATURDAY 28 DRC. Bink
$1380 H.K. Banks
Dot (Col. Beg)
Do. (Loa. Rag) ---
Buyer
Baller
Bus Waveina)
1963
H.K. STOCK EXCHANGE
December, 28.
BUYERS
Bank of East Asia, $74.
Wharves, $93.
Docks (New), $17.90.
$1370
Canton 'ma $200.
£89
£82
Union Ind; 4400,
£77
277
£st
Chartered Banks...
Est
HK. Fire Ins; $157.50.
2381 Mergintie Dks: "A"
£10
Mercantin Bks. "C".
ΣΤΟΙ
Docks (Old), $18.30.
Bank of East Asia.... | $74
N. C&B. Banká.........
13 ct.
Hotels, $3.50.
Insurances
Lands, 233.50..
$200
Trams $17.78.
$40
10 ct.
$136
3136
$100
$100
35/9
Trams, $18-
$74
$200
#210
$400
$1
#757
It.. 15 E mistake to interpret every move on the part of Thai- and as pro-Japanese. The Thai beppi would not be where they are today if they had not been $83 rather astute
International $6.67 affairs, and a first-hand know. ledge of them does not lead one to believe that there is much atrophy in Bangkok in this direc-
tion
JAPANESE INFLUENCE
When the Thai went in for some housecleaning in regard to the Chinese minority ques- tion, it did not signify that they were pro-Japanese.
|י
What they did do was take ad- vantage of the fact that 'China's. hands were tied, and the elements which they deported from Bang- Kok were mainly comprised of un- desirables. There is no doubt but what the Japanese have put up a vigorous "trade offensive in Bang- kok and through this they exert some influence.
But against this the best army orders
went to British firms, while the United States was given air force contracts."Around gOY. lernment, circles in Bangkok the Japanese voice has been a good deal weaker than that of 'Great Britain It is not easy to turn na absolute But Bangkok is now disturbed be
United States.. the
monarchy into a democracy ofer
cause the state department in night In the Bangkok govern Washington falls to see eye to eye ment there are still men of strony with Thailand in her demands on democratie leanings, among them French Indo-China. The American Luang Fradist, who was the "bril
policy of not recognizing terri
But if Premter Luang Bipul regime hus been rigid. to the point of totalitarianism. been so more in the spirit of transaction thun anything else
Hom
it
נקה
or
truster" of the new constitutionatorial changes made by other than peaceful means would seem to ap- He and his immediate group are a powerful restraint upon the ply here, but a closer examination more reactionary elements in the of Thailand's claim would cer- capital and once the present crisis tuinly be in order at the present
is over there is no reason to sup- ! pose that Thailand will not one- again travel along the road to democracy.
time.
FRIENDSHIP WITH U.S.
If the United States alientes Thailand it will lose the friend- ship of a Country that might When Thailand changed her Prove to be a valuable ally in the
trouble in this
BACKGROUND OF DEMAND»
event of
name more than a year ago French the world. Thailand has a popu
part of
officials around the balze
green lation of 14,000,000 and has long tables of the government genera imposed universal offices in Hanoi began to have There Is a small but modern air conscription. something more to think about. force and a fleet of fifty ships. The Lana territories of French The greatest Importance of Thai- Indo-China, they were well aware, and Les its immensely strategic were inhabited in the majority location. In the hands of the by people of the That race. It did Japanese it would provide the bear not take much imagination for possible base of operations for an them to realize that this was a attack against Singapore and prelude to demands from Bangkok Burma.
that France return the arPEA which she had annexed in 1893, There was also the little matter of Cambodia, which the Frenen had lopped of trom Stam twenty years before that,
There is little dugos but what the That demands wil include both these territories, although as regarda Cambodia their claims are les tenable The first conclusion "then is that the present flare-up tween Thailand and French Indo-China is the result of s grudge which was long been rankling, in the Thai keart and has lately been fostered by Lúang Bipal's intense na-, tionsham. "
bas to do with what part Japan
In the event of the collapse
of Great Britalu a Japanese
an
ultimatum might be sent to Bangkok. Bot ал long as Great Britain maintains her position and can create effective backing at Singapore the chances are that the Thai would not accept a Japanese uftimatum without fighting. Bangkok is very definitely not ai Asia. It has no intention of be- part of the new order in east
coming so it it can help it for reasons of national pride and be-
cause from 'an
Arti
де
Cauton luurances....
Union Insurances.....
Underwriters
1.K. Pires.
Shipping
$135 Donglanes
Steamboate
Indo-Chinas (Prof.).
311
$100
$80
38/9
Shells
$7
Waterboats
Indo-Chinas (Det
Docks, Wharves.
Godowns, ctè
H.K. & K. Wharver.
19
Star Ferries, $51."
China Lights CREA. $8.90. Roper $7.05S Entertainments. 37.
Constructions (Old), $1.60.
SELLERS
Wharves, 595.
China Lights Rts, $1.30.
Dairy Farms, $18.20.
$93
Watsonis, $10.70.
Providents
$5.70
Vibro Filing, $7.70.
$18.30
$18
H.K. Docks (Old)...
$181
$18
H.K. Docks (Naw).....
318
SALES
Shanghai Docks...... Mining
#381
16/3
Kailana
18/3
$91
Rauba
17 cts.
13.
83.65
33.60
Hong Kong Mines...
Lands, Hotels and Buildings
H.K. & Kutele... H.K, Lands..
$100 Do. 4% Debentures... 112.30 Shanghai Landa...
$3.60.K. Renities...
$7.80 Humphreys .....
T
$3.55
$33
$100
MONDAY, DECEMBER 30, 1940. —PAGE
If you Value
your Health-
Insist upon
Gordon's GIN
NO Colouring Matter
No Injurions Ingredients
DRY GIN
DEBILLETT
· Docks (New), $18.
Providents, $5.62)/71.
China Lights Rts., $1.20/30/25.
ANOTHER £12,000 FROM MELBOURNE
LONDON, Dec. 29. (Reuter) —The Lord Mayor of Melbourne yesterday
33.48 sent £12,000 to the Lord Mayor of HONGKONG.
London's Air Raid Distress Fund...
This is the sixth gift from Mel-
bourne since the big raids began
SHAREBROKERS'
ASSOCIATION
RESERVE BANK OF INDIA STATEMENT
Calcutta Dec 25 (Reuter).
Dec. 13 Dec 20
Notes in circulation:"
held in the Bank- ing Departmenty 25,533 28,550
(including
Notes
$71
$100 Chinens Estalen.
Cotton Mills
845
Ewo (8.)
$45
In September.
it
9180 | S'hai Cottona 15.).
$168
Zoong Sings (9.)....
The sum of £5,000 has been re- ceived from Egypt for the Fund.
3125
Volume of Business "Transacted on Saturday, Dec. 28. 1940. SALES
$17.80
$1.30
$2.40
375.
1.25 Rabee Coth and 'B-
$3
125
1.30
Και
2000
lion in "India. 1.29 Gold Coin" and Bul-
2.980 2,037
550
1.25
on in. India ....
4.441
4.441
75
1.25 Securities (Indian 125
Covarriment}
4.981 4.903
Securities (British
3800
13,150 13.150
$17.70 $18
$31
361 $24
Star Ferrión.
*
16.90 C. Rts.
$19.20
$1.60
Wing On Textiles
Public Utilities
H.K. TramwBYNA $7.40 Peak Trams (old)...
Peak Trams (nevel
X.RLS $6.80
840 $39.80 78
Imati Ferries......... China Lights (0)..... Chion Lights (New). H.K. Electrics (Ola.... H.K. Electrics New... $17 Macao Electrics (Old $16Macao Electrics
| $11.30) Sandakan Lights
$28
Telephones (eld)....... $16.20 Telephonas (new).
S'pore Tractions (Urd
Industrials
$14,00 Caid., Macg. (Ord)8.
Miscellaneous
8241
$1,20
Rta
$40 830
250
XR $6.60
$18
An increase "iri usput of cen-China Light Rights 300 tral electric stations in the Mari- time Provinces is noted for the first eight months of the TEAT over the "similar period of Inst year. "The "monthly report of the Dominion Bureau of Statistics shows the eight months' cutput this year at 658.450,000 kilowatt hours, and last year 650,934,000. The day averages were 2.306,000 and 2384.000 kwh respectively
The total value is 34,841,25,
"There are 1,900,000 local phone
`Government)
Figures in Lakhs of Rurees).
Average annual production of calls every day in Montreal and cows covered by the provincial Canadian cattle exported for each call uses an average of 73 testing service was higher in 1939-
Buch Was one than that for all dairy cowa in improvement of stock numbered lies of wire"
10.046 last year with a value of among a number of Interesting the province, according to a re- $923,800, according to the Depart- facts told by Mr. George L. Lone, port lasped by the Dairy Branch ment of Agriculture. Or these historian of the Bell Telephonor the Alberta Department of 9,813 valued at $894,700 went to Company of Canada to the Royal Agriculture. There were 86 dairy 98%the United States. Gwine for the Victoria Hospital Alumnae Assu-herd owners in the province, with improvement of stock were ex- clation recently. Since the mak a herd total of 858 cows, enrolled ported the number of 170 ng of the first telephone in 1874, inder the cow testing service. valued at $3,900," sheep numbered he sald, some 17,000 Improvements The average annual production $192,851 valued at $50,500 and poultry have been made to the telephone per cow for milk and butterfat
19,541 valued at $16,400.
ras 5.633 and 210.4 pounds. in the Bell Laboratories
to
312
Cald, Maeg.
Pref)S
$1
Canton Icss..................
$15
Cements
$7.05
$7.15
FIX. Ropes
73 cta.
$7.10
HK. Gori, Lowes
3073 4% 12ani
(1904).
$95
24.
804 31%
(1940)....
Dairy Farms.
Entertainments
$7
Constractions fold).
$1.65
Constrictione (30W)......
Lane Crawfords...
$71
Nanyang Tobacco...
831
$2.9
810 60
$39
$14
ne
$8
Morsmans Inv. (H.R.) $1.90Wm. Powells.
HOUSES AND APARTMENTS WANTED.
$1.00
104 110.70 $10.60
$39
£7.70
H.K. Wing C
12.15 Rim
Sinceres
Watsons
Ch. G.5% 19250 SBds.
S'hai Wing Un
Vibro Piling
7/6 Marsmas. Inv. (Lon. 2/6
Sale ja Shanghai
London Comments On Nanking Note Issue
Commenting upon reports that the notes issped by the Japanese-controlled Central Reserve Bank in Nanking are to be Interchangeable at par with the Chinese legal tender notes, the LONDON TIMES envisages another probably more dangerous bid for currency control by the Japanese in the "occupied” territory and a currency war in the Far East.
London The previous less ambitious note! Nevertheless
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements are charged at the price given below: SITUATIONS VACANT.
HOUSES AND APARTMENTS TO BE LET. - MISCELLANEOUS WANIS.
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 TO BUY
WE PAY HIGH PRICES for all Jade, gold and silver articles. diamonds, jewels, watches, four- tain pens. Apply Far East Dia- mond and Gold Refining Co.. Room 621, China. Building, 6th floor,
WE PAY HIGH PRICES for all gold" and silver articles, banking gold barg diamonds and jewels economic stand issue by the Japanese controlled circles, according to the Times, Apply China Gold Refining Co. point the country is closely tleri Hua Esing Bank, the Things pre- are somewhat sceptical regarding Pedder Buliding, 2nd floor, Room 0. up with the British Empire. Indicts, will be swallowed up by the the character of the backling for normal years 85 per cent of Thai-new bogus Central Bank issue and the new notes which, according to
ports.
REALISTIC POLICI
transferred to the new bank,
The British have been forced
WE OFFER HIGH PRICES for The second point we come tland's exports go through British possibly the reserve against the Tokyo message, is covered by any amount of old articles. Hua Haing Bank notes will be gold and silver specie proportions diamonds, sliver, etc. No holidays. unstated to the extent of forty Apply China Building, 7th floor. Tel. 30727. Eureala Gold Refining: per cent
Co TRIMARY ADI: Jaden's primary abn, the Times
has played in getting Thailand mixed up in what may turn out
to be war with her next-door to adopt a very realistic policy at neighbour. We can deal with the Bangkok. They have been fortu
WANTED KNOWN
extent of Japanese influence laternate in having there one of the policy in the Far East," which has observes, is to secure foreign ex- on, but suffice it to say that if the most astute diplomats in the far been drawing more closely to change Their chance under the Japanese actually encouraged
East, Sir Josiah Crosby, the Bri-gether in recent months, seems to scheme now launched is increased Why not learn all the Fancy tish minister, Mas Thailand in this new venture they
weathered be at loggerheads in Thailand by two circumstances The Latest Stliches for your dresses political storm in the The British are taking a are. probably sorry for it now. many a
more new notes are to be made legal and Sweaters What might have been started as capital and the That feel that realistic attitude, while the United tender, and secondly, recently the JOIN THE KNITTING GLASS a diversion has already developed he has the interests of their coun-states seems to be holdnig to
Japanese have extended their grin AT $3.00 per month (Twice a week lesson). Please apply to Box No.. into a potential smash-up that try as well as those of his own policy based on principle without on Shanghal's exports. could embarrass Japan no end at heart.
too much consideration for the It is obvious from the statement 654 c/o HKDP/ when it comes time for her to cart off the big loot from French Indo-Chinu
WEALTH OF LAOS
In order to get the picture of this it is necessary to glance at a map of French Indo-China, noting that its seaboard provinces are cut off from the interior province of Laos by a range of mountains. This rises to a height of six thou- Band feet and then tumbles down to the Mekhong river valley, one of the finest natural barrieta imaginable. If the Thailanders claim? Laos before the Japanese
It has been slated in dis- from Bangkok that patches the British have informally. approved the That demands an French Indo-China, rez- Uzing no doubt that If Laos Is taken over the country win have enhanced value" us. ̈* buffer state against Japan. From Singapore the rapidly increasing British air forts could back up Thailand against Japan just as it has backed up Greece from Malta,
INTERESTING FACZ
merits of the came
the
made by the British at Vanderi The issue of Thailand's demands Secretary for Foreign Affairs, Mr.
RA. Butler, when annou on French Indo-China is tiling British credit to Ching compared to the large question of
disposal of the increased Japanese aggression in the south tion fund will be strictly ¡Pacific, and everything possible
ed thereby facilitating the em should be done to keep Thailandployment of the exchange fun in the friendly camp. Morally the for the purpose fos bien it is Thai have just cause in demand-signed while assuring that ing return of territories which Japanese will not be able to derive were taken away from them and benefit therefrom.
never developed to any degzet b How the Chinese m
ORDERS TAKEN for hand-made sweaters Ladies Jumpers, BablesTM putats, elcat 35.40 each for workmanship.
Wool and model desired, to be supplied by customer,
Send particulars of address, etc. to Box 502, HKDP."^
Experienced Book-Leeger Wants Students to form a class. Guaran celys, tee students to keep a whole set of
the French, whose rale in Indo- the new currency that the Japan books after completion of a course
Chiha has in any case been far eng dat
We here came to the interesting have a chance to get in, there wu fact that British and American pop
from
pative mains
Central New
Teor 6 months For Term and Par ays ticulars, Please Apply to: Box
(No 463 véfő H.KD.P.
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