1926-03-12 — Page 2

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THE BANK LOAN CASE.

4

MR. H. A. LAMMERT CALLED.

Tho caso in which MesaTS. Moxon and Taylor aro suing the Man Chuon Bank. for $37,600, money lent, was continued in the Supreme Court before Sir Henry Gollan:

FRIDAY MARCH 12, 1926,

NORTHERN WAR.

A DISASTROUS LANDING.:

TRADE FACILITIES.

ALL-NIGHT DISCUSSION. OF SUBSIDY.

Labour Amendments Rejected.

Tientsin, March 11. Yesterday's lifting of 'the blockade was "a private arrange ment between the K. M. A. and

London, March 11. Butterfield and Swire's represon- tatives at Taku, and the Kuomin- The House of Commons had a chun authorities. The only ship night-long sitting on the committee able take advantage of it, how stage of the Trade Facilities BIN, ever, was. Butterfield and Swire's the discussion chiefly centring In Liangchow, as the others missed the Government proposal of a the tide by the time the arrange-guarantee of two million atarling; ments were completed. The for the now Kent coalfield. 0. 5. K. Kishu Maru cleared for The Labourites morod an Dairen yesterday.

amendment to eliminate the gua- It is reported that the Techorantee, on the ground that 200,000 Maru from Dairen, which has been miners were already unemployed, waiting since the morning, will be and the, guarantee would only lead men-allowed entrance this morning. to further unemployment. A number

Chan Fook, in reply to questions by Mr. Jenkin, said Lammerts owed the Man Chuen bank 18.- 000 of a loan in June 1926, and an- other $35,000 would become due in about a fortnight. This mat ter was not mentioned by Mr. Sang when he approached wit 11089 on the matter of raising a lonn og the 200, Wharves,

Mr. Jenkin: Didn't he tion's word?-Nothing.

Did he not suggest that your firm 'should pay the $19,000 and part of the debt of $95,000?—No.

His Lordship: It seems rather strange that if Lammerts owed the Bank $13,000 the bank should borrow $37,000 from them as princimul

gur.

The Feitang landing proveil of Conservatives, in addition to disastrous. Of some two thousand Labourites protested against the landed from transports on Monday policy of guaranteeing unnecessary four hundred were captured by the new undertakings and competitions Kuominchun troops Immediately, in established industries.

Mr. E. Thurtle (Lab.), instancing the remainder have since rendered and Poitang is in the the guarantee in respect of Malay hands of the Kuominchun-Reuter, tin dredgers, objected to the Gov Japan Sends Warships." ernment going out of its way to increase the Malay output of tin when the Cornish tin industry was depressed;

Tokyo, March 11.

Mr. Jenkia: I put it to you that

It is learned at the Foreign you saw: Sang and told him your Office that three destroyers have firm could lend the money? Neen despatched from Port Arthur Was money tight in early June to Taku, and are due this evening. last year- don't know.

Did you know that Nissim huj about $50,000 which he wanted to put out in shares at that time?-- No.

-cuter.

Chinese Reports.

Shanghai, March 11.

The amendment was rejected by 148 to 66.

Reference to China Boycott.

in the course of the discussion, Mr. R. C. Wallhead (Lab.) moved an amendment, which was finally The Kurminchun forees cap-rejected by 333 to 48 that no ap- Re-examina by Mr. Potter, wit-tured 2,000 of the Shantung troops plication "for A new guarantee I1LK said that it was as Mesars, who were sent to Peking, on the should be rejected, on the ground Lammerts authorised clerk that th and 10th inst. he was asked by the Man Chuen The Fongtien warships have re- bank to raise this loan. The treated out of Taku Stock Exchange allowed a broker which has been mined.

that the trade requiring assistance was between the United Kingdom. harbour.and Russia. Mr. Wallhead chal-

lenged any firm trading with Rus-.

to have dag authorised clerk and General Li Ching-lin is still atsia to show that the Soviet had he was known on the market as Paktan and Tehchow. the re-defaulted. Messin. Lammerts authorisedfort of his being captured being clerk..

Mr. G. M. Kindersley (C.) con- unfounded

temning Russia's repudiution of Kan Wen-ugo has arrived in certain debts, declared, "Let Mos- Mr. Lammert's Evidence,

withdraw the boycott of Mr. H. A. Lammert was then Hankow to consult with Wu, Pei-cow called. He said, Chan dit 'asku about the removal of his head. British goods in China, and some him to raise à loin on the shares quarters Chengchow, Wu Pai-good will be done."

lu intends to remove to Cheng- Si F. Cunliffe-Lister denied but he told him he could not chow after Poting has been

dan there had been a change in British Chan told him later that he had red. Kan has been ordered to policy. since the declaration of arranged a loan with Moxon and

return to the front to direct opera-1021, le opposed an amendment Taylor. Shown a certain docu-

tions, and. Kan Ying-kit is ordered entirely in the interest of British atent, witness said it did not to defend he capital of Honan. export traite, which rested on a necessarily mean that there hud been a sale. In this instance it

Information from Hankow Is structure of credit built up in

number of military officers were maintained illed by the village corps at Shea- Reuter. chow,

by good Inith

did not mean that. Shown the en-that General Yueh Wai-chon and good faith, and could only be tries in the books regarding the 200 Wharves at $188 and $192.25. he said they would suggest to him "carry." He would take it to be an accommodation,

He remembered the interview

in the Official Reeciver's office, at which Sang, Mr. Ross," himself and Chan were present and cor: roborated the evidence of it given

by Chan.

Another report from Hankow ates it a rumoured that General Tang Sang-chi has attackel General Clso Hang-ti has fled. It Changaha in two directions, and

report it by a Japanese soured" that Chay was assassinated:

A télegram from Hunan, how-

Mr. Jenkin (cross-examining)ver, reports that Changsha is You were acting as the agents of quiet-Wok Kin Yat Po.

the Man Chaen Bank-Yes,

That has been your view all

along:-Yea.

""

TAMARU.

SUCCESSFUL SALVAGE OF STRANDED STEAMER.

To Be Docked For Repair. Under the direction of Mr. S. Tashiro, Superintendent of the Tokio Salvage Company and Cap- tain K Miyazaki, master of the salvage vessel Azuma Maru, the Altai Maru, stranded in Fa Tau Alun Pass,

refloated on

was

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HONGKONG BANK BUILDING.

RAYMOND CONCRETE PILES.

A TEST

ON ONE RAYMOND CONCRETE FILE DRIVEN BY THE LICENSEES AT NGAU SHI WAN, GAVE. THE FOLLOWING RESULT

TÉST LOAD 205,600 lbs. SETTLEMENT - 9/64 INCH.

THE

wednesday evening and towed to HONGKONG EXCAVATION, PILE DRIVING & CONSTRUCTION CO., LTD. Kowloon Bay, where she will re- main. until taken. into dock for

TEL. C. 3749... overhaul and repair.

The salvors state that opera-|

There should be entries in your You gentlemen of Ice House books which should show that street don't interest yourselves when the contract was complete in matters in which you see no pro-you were to get $150-Yes. fit-That is so.

Your books are in the hands of Have you had transactions like your special manager?-Yes. this before? Yes.

Are these entries in your books? You have acted in similar ways I believe so, I haven't seen themtions were carried out with great In which you have made not a l

Did you know in fact that if smoothness notwithstanding that cent?Oh, no, 1 don't mean that. this contract had been completed there were great difficulties to be If this contract had been com- you would have been the loser?-overcome, owing to the fact that, the rocks were well, through the, pleted, how much would you have No, I didn't. made?-$150, it wasn sale.

Do you know that you would ship's bottorn and that she was Mr. Jenkin: Oh, no.

It has have had to pay Messra, Moxon carrying a list of several degreek, with a considerable rise and fall been agreed that it was not à sale and Taylor $30,300?—You.

of tide and heavy swells. The How much would you have made. Whereas all you were to get narrowness of the Pass and the hind- if it had been completed?-$150 from the Man Chuen. Bank was strong current were also | brokerage, from the bank.

$39,200? I'll wager you Bever rance. entered into a contract like this one before-No:

Brokerage On a Loan, You would have made brokerage: on à pure loan 7-Yes.

4

We are informed by the Mitsui Bushan Kaisha, local, agents for There is only one explanation, the Tokio Salvage Company, that and that is that in truth and in the salvage tuz Azuma Maru will fact this was not a contract of return to Jupan in a few days, now that the task of salving the agency?I don't agree with you. Altai Mara is complete. The I think there must have been a

Superintendent of

the

Онака

You mean that in addition to the amount due from the Man Chuen bank on the shares they would pay you $150 brokerage? mistake by the clerk who typed it Shosen Kainha Line arrived in We could, either have charged it out, or that Moxon and Taylor Hongkong on Wednesday and will Lor waived it.

said they would waive a part of remain here until a survey of the the commission. We wouldn't Altai Maru has been carried out lose $100 for nothing.

and arrangements for her repair concluded.

Why? It is the usual thing. What to pay brokerage on the Thypothecation of shares? Yes.

ŞALESMAN $AM,

MILLY SEEMS TO THINK THERE' NOTHING LIKE A FOOTBALL PLAYER IF THAT'LL WIN HER I'M GONNA BE ONE - I KNOLD "TH CAPMAIN OF

TḤ' MAIN ST, TERRORS

The case was adjourned,"

ALL RIGHT SAM-WERE SHORTA MAN ANYHOW - HOP INTO A UNIFORM AND BE READY TO PRACTICE TOMORROW) MORNING

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HALTEGWING MORNING

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