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THURSDAY, JULY 12, 1928. 四拜禮 號二十月七英港香
日五廿月五
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SOUND CHINA FINANCE PLANS. ELRONATIOTING AMATEUR FLYING VARSITY CRICKET LOST ITALIA PARTY FOUND.
REORGANISING NATIONAL
REVENUES.
AMERICAN ON TRIAL IN SHANGHAI.
FRENCHWOMAN'S PAST
Shanghai, July 12.
INCOME TAX AND DEATH DUTIES The trial of Mr. C. C. Eired, an
RECOMMENDED.
CONSTRUCTIVE PROPOSALS.
Financial and economic readjustment on an ambitious scale, which, carried out to the full, will bring China into line with the western Powers in the organisation of its national finances, is embodied in a number of resolutions passed by the Finance Conference, which closed at Nanking on Tuesday.
Tariff autonomy is the first step, and bound up with this is the complete abolition of likin throughout the country between September and December.
The Salt Taxes are to be unified, and all Land Taxes are to be regarded as Provincial revenue."
American resident, who was ar- rested recently on a charge of the attempted mirder of his wife at their home in the French Con- casion, opened to-day, preliminary evidence being, taken.
Accused is alleged to have fired a
rel. Mrs. Ehol was
IN COLONY..
LIGHT SEAPLANE CLUB SUGGESTED.
| EXPERT THINKS HONGKONG IS IDEAL SPOT.
`MEETING PROPOSED.
There is a prospect of the forma-
DRAWN.
OXFORD VERY NEAR DEFEAT
IN EXCITING END. »
| ONE WICKET TO FALL.
London, July 11,
SOVIET AVIATOR'S HAPPY DISCOVERY.
One of the most exciting finishes MEN since the war was seen in tho annual cricket match between Oxford and Cambridge at Lord's, Cambridge having taken nine wickets in Oxford's second innings when stumps were drawn, while Oxford were still 107 runs In
Cambridge were well on top at the close, though Reuter's cable: does not detail the measure of Ox- ford's resistance after the Light Blues had declared in their second innings.
W. V. Robins stood out promin- ently in Cambridge's becond innings, scoring 101 (nol out), the the declaration until he had Cambridge skipper having witheld
reiched his century. Whether this was bad policy it is impossible without further information to say
revolver at his wife during a quartion of a Light Seaplane Club for arrears. hospital with n wound in the Hongkong, if sufficient interest can shoulder, which is not now consi-be aroused in the project.
Mr. R. Vaughan-Fowler, who" is dered serious.
Madame Roux, a Frenchwoman, testified that she
was an eye an aviation expert and who has witness to the affair, declaring she been prominently associated with saw Elrod shoot his wife after
the movement for the establishment quarrel.. The witness caused a flutter in for commercial flying services in the the court-room by refusing to anthe Colony, is of the opinion that swer questions relative to her pri-
**Hongkong would be, an ideal spot vate life.
She declared that she was form-for such a Club. He is willing to Far more striking, however, are the proposals for newerly employed by the Messageried taxes to replace the revenue lost by the abolition of likin. Maritimes Company, and broke her organise a meeting to discuss the New national taxes are to be imposed on imports, an Income contract, after which she studied project, and those interested are Tax is to be introduced into China for the first time, to apply law. By her studies; she declared, requested to communicate with him
cure of the Kai Tack Aerodrome. not obilged to on a graduated scale similar to the British Income Tax; and he knew she was there is to be an Inheritance Tax, which presumably will be swer irrelevant questions.
Mr. V. t. Bourne, the Assistant equivalent to Death Duties.
Revenue, Commissioner, also gave Foreign secured loans are to be paid, and an Impartial evidence, stating that Elrod did Commission is to be set up to investigate the unsecured loans. at drink but that latterly he had Constructive resolutions unanimously passed, call for the been a victim of nervousness and establishment of a National Bank to act as the Government's appeared to be suffering from a Treasury and to have the sole right of issuing bank-notes:muntat derangement. The Council, railways and waterways are to be improved, and postal and he stated, had been considering in-
validing the accused from their ser telegraph systema expanded.
vice.
The
case was adjourned until August.--Our Own" Correspondent.
The economic policy of the new Government will be one of Protection if the recommendations are accepted, every encouragement being given to the manufacture of native goods.
FINANCE CONFERENCE RESOLUTIONS.
Nanking, July 11. the salt-fields shall be secured as The Nationalist Financial a preliminary to the requisite Conference held its last session improvements in the Administra- yesterday afternoon,
Was
tion.
TOTALISATOR BILL DECISION.
IS NOW ACCEPTED BY THE GOVERNMENT.
CHURCHILL TRIUMPH,
Londes, July 12,
The most dramatic feature I was also agreed by the Con- furnished by the rejec ference that all Land Taxes shail tion of the Kwangsung Pro be considered Provincial revenue, The Cabinet has decided to adopt vincial Finance Commissioner's to be administered by the Provin- the Racecourse Betting Bill, which proposal that as Kwangtung has elal authorities,
will now figure as a Government incurred large debts since
measure and be passed this
the
formation of the Republic she Likin to go Before December. session. should be allowed the space of at
Lengthy discussions, have taken The hesitation to adopt the Bill least a year to work out her own place on the question of the aboli-hitherto is geribed to the fact tax schemes independent of the tion of likin, and it is announced that some of the Cabinet members Finance Ministry.
Secondly, she should be allowed that the Conference decided that and other Conservative supporters to retain the cigarette tax of fifty the Ministry of Finance shall of the Government are per cent ad valorem in preference appoint a committee for the aboli-thereto. to the arrangement made by the Lion.
Ministry with
hoatile
The decision to make the Bill a It will be the business of this Government mensure is regarded
Until some idea of the degree of the support is gained, It will not be
"CURLEW" TRAGEDY.
INDU
Chief Petty Officer Falls Overboard.
AFTER LEAVING COLONY.
H.MS. Curlew has sent out a wireless message, which was received in Hongkong to-day, stating that one of the Chief Potty Officers has disappear- od.
The Curlew, which is at- tached to the 3rd Cruiser
·Squadron, salled for Home on Monday preparatory to rejoin- ing the Mediterranean Squa- dron after service in China.
Chief Petty Officer Fro- derick Evans was missed from the cruiser shortly after she left Hongkong, and it is pre- sumed that he fell overboard and met hin death by drown- ing. The disappearance ap- between parently occurred two o'clock and six o'clock on Tuesday morning, less than twenty-four hours after the cruiser loft here.
C. P. O. Evan's number was O.N.238216 and it is under- stood that he was a single
man.
the foreign mer- chants, providing for a twenty- special committee to make arrange as a personal triumph for Mr. two and a half per cent consolidat ments by which the complete aboli- Winston Churchill-Renter. ed tax.
tion of Tikla can be effected be- The Bill reached the report stage. Thirdly, that the Salf Inspecto tween September and December la the House of Commons on July ate should not be restored In this year, while it is proposed that 6h, when the Labour members Kwangtung.
this great reform shall be carried decided to oppose it in its re- Fourthly, that during the year out in Kiangsu, which includes maining stages, Objection was possible to give costs of flying for the gambling tax and onlum tax Shanghai, and Chekiang before the taken to the alterations that had members of the suggested Club, but which mount to over $2,000,000 n end of September.
been made to the Bill, making the it is not considered that they will month should not be abolished by
State directly responsible for the the Central Government but allow
machinery established. ed to be handled gradually by the provincial authorities.
Sound Statement.
•
New National Taxes. With reference to the new taxes A Labour opposition motion was which will be necessary to make up rejected, but it was then felt that for the loss of revenue from likin, the Bill could be regarded as dead, special consumption taxes as It was doubtful whether the The delegates at the Conference, (national taxes) shall be imposed Government would grant further were almost unanimously against on certain articles, exempting such facilities for its discussion. the main proposal, claiming that necessities as rice, wheat and nearly all the provinces had in native-made cloth,, etretera. "curred Indebtedness similar to Kwangtung's. Mr. T. V. Soong
Income Tax!
made a statement that the general Secondly, it is proposed that a principle of unification must be new tax in the form of an Income applied to all alike, but that the Tax will be announced. This will Finance Ministry would sympathe. take the form of a tax on a tically view any special problems Kraduated scale, with heavier. brought up by the provinces. incidence on higher incomes, und The statement met with general shall be promulgated in necord- ance with the latest foreign prac- approval.
tice.
Death Dulics.
Taxation System.
THE ARCHBISHOP OF CANTERBURY,
be prohibitive.
Writing to the Telegraph on the subject, Mr. Vaughan-Fowler says:
Popular Idea.
"It is not necessary for me to draw either your or the public's at- tention to the great popularity at tained by Light Acroplane and Seaplane Clubs in the British Isles, the Colonies, and in foreign countries.
"The members of these Clubs now number many thousanda, and It is more than satisfactory to be CONVOCATION REGRETS HIS able to state that there have been
PENDING RETIREMENT.
London, July 11.. The Upper House of Convocation to-day placed on record the deep sense of the loss it would suffer in
only one or two minor accidents, during the two or three years in which 'Club flying' has been in progress.
The scores were:
Cambridge: 292 and 329 for 7
wickets (decd.) Oxford: 287 and 227 for 9
wickets.
It will be seen that on the first innings there was nothing between the sides, but Catabridge punished the Oxford bowling in their second innings, and set Oxford to make 345 in the fourth innings to win. The Dark Blues forced a draw, but were perilously near defert.- Reuter
H.M.S. DAUNTLESS REFLOATED.
SALVAGE EFFORTS MEET WITH SUCCESS.
WHO HAD BEEN GIVEN UP
AS PERISHED.
HOPES OF EARLY RESCUE,
The sensationally wonderful news that three members of the "Italia" crew given up for lost, have been discovered by a Russian aviator or an ice-floe about 20 miles from the ico- breaker "Krassin" comes to hand to-day.
The party comprises Major Mariano, Major Zappi, and Professor Malmgren, who act out from the floc on which the gondola was reached, in an attempt to walk 'to North Cape, Spitzbergen,
They began their terrible risky journey, trudging through the ice, without snowshoes or weapons, and with provisions for about forty days. Missing for 41 days, only two days ago it was given out officially that no further hopes for their safety were enter- tained.
Major Zuppi.
Captain Tehuknovsky sighted them dur- ing a reconnaissance flight, and the "Krassin" proceeded at once to the spot indicated Conditions are favourable and it is hoped that they will be rescued to-day. When sighted, one of the party was lying on the ground, but the other two vigorously waved a flag to their saviour.
On the other hand, there has been an ominous silence from Lieut. Viglleri's party, whose terrible plight was related yesterday, and a Berlin correspondent fears that the absence of wireless messages for five days means that they are either dead or dying. Efforts to rescue them are being re-doubled.
LOCATED 20 MILES FROM "KRASSIN."
London, July 11. lose message to-day stating that The extremely heartening news they have been located only of the discovery of Major Adai- twenty miles away and not far berto Mariano, Major Filipo Zappi, from the route of the Vielleri AMERICAN NAVAL AID. and Professor Malmgren, comes party.
from Router's correspondent at "Krassin" To The Rescue. Moscow, who states that wireless
London, July 11.
A message from Halifax, Novamessages have been received from The Aerious plight of the five Scotia, states that H.M.S. Daunt the fee-breaker "Krassin" that members of the "Italia" crew on less, which on the 2nd instant went Captain Tchukovsky, who is the the ice-floc on which Lundborg aground on the Tribune Shoals, in- aviator attached to the ice-breaker, was wrecked, is causing deep con side the entrace to the harbour sighted them during a reconnai- cern and efforts to rescue them during fog, has been refloated. aance flight yesterday.
are being re-doubled. They have,
A later message from Halifax states that the Dauntless was got off at high tide, with the assistance of United States naval pontoons, and has been towed to a loenl dry dock.-Reuter
Capt. Tohuknovsky places their however, food for three months position as Lat. 80.42 North, Long, and the "Krossin" commander 26.45 East, a position very close to agrees with Tchuknovsky that the the point reached by the Parry walking party's need is Expedition in 1827.
urgent.
One Laying Down.
Splendid Propects.
more
It will be recalled that when the Dauntless want aground, Captain The airman states that the Tchuknovsky sent a wireless K. D. W. Macpherson, who was in party was stationary, that he message to the "Krassin" concern- command of the ship, gave the circled round them five times ing his wonderful discovery and the arder to abandon the ship four geing as low as possible. Two of vessel immediately started for the hours after striking the shoal, and the party vigorously waved a spot indicated and is progressing he also ordered all vessels around ag, while the third was laying at the rate of about four miles an the cruiser to keep clear as there down. was a danger of the cruiser break-
ing in twain.
The men, with their effects, were removed in lifeboats and placed aboard the Canadian cruisers, Festubert and Ypres. There were no casualties.
II.M.S. Dauntless was formerly in Hongkong with the first Cruiser Squadron, the flagship of which was H.M.S. Frobisher.
WIRELESS AND CABLE REPORT.
WAITING FOR DOMINIONS" REPLY.
London, July 11. Hongkong. Ideal.
The Prime Minister, in the House "Owing to the nature of the
Seaplane Club' would be port of the Imperial Wireless and
"Light
Everything appears to be favour-
hour among the numerous, and Captain Tauknovsky is now dangerous floes. making further flights in the hope. of finding a place where he can able and the "Krassin" is expected to reach the Mariano party on the safely land near to the party.
́12th (to-day)-Reuter, ....
Aattempt to Reach Land.
Will Certainly Be Saved. It may be recalled that they set
Oslo, July 11. Captain Tchuknovsky's report out on May 30th with General Nobile and two others in au at that he has sighted the party in tempt to walk to North which Professor Malmgren, the Cape, Spitzbergen, but that Swedish member of the expedition, General Nobile and his two is included, has been most joyfully companions decided to abandon the received.
Tchuknovsky is well-known and effort in view of the terrible risks, while Mariano, Zappi and popular in Norway as he partiel- Malmgren, although they had food pated in Captain Roald Amundsen's for forty days only, and were not Arctic Expedition in the "Maud" equipped with weapons or snow--and also in the Transpolar flight in. shoes, decided to trudge on, the "Norge."
Captain Otto Sverdrup, who com They left the ico-toe on which the gondola of the "Italia" was manded Nansen's ship, the "From" which carried out many successful wrecked and where Lieut. Vig: Arctic explorations, in an interview Hter's party la stili marooned, and said that if the walking party had
The means of applying an inh Thirdly, there will be an Inherithe approaching retirement of the proved system of taxation through tance Tax, which will be applied Archbishop of Canterbury, who is country surrounding Hongkong, n of Commons to-day, sald the re they hoped either to reach land, really been sighted such a short cern of the Conference and, under Duties, and which will be levied presided over the Convocation for most suitable, and the writer can Cables Conference had now to be or the steamer, Braganza which distance from the ice-breaker before carryin was
and
out China has been the chief con- similarly to the British Death eighty years of age has
icar,
BALDWIN'S LIMITED.
DERENTURE HOLDERS ACCEPT COMPROMISE.
point of view Kowloon Bay and the into effect the
With a view to the improvement declaration of tariff autonomy of China's national credit, all
numerous bays of Hongkong Island and the New Territories are ideal foreign imports of similar variety foreign secured loans shall be paid
from a pleasure flying point of view, to native products upon which an as heretofore, while an impartial
and for learning to fly. internal levy was collected, shall Commission shall be appointed as also be liable to a special con soon as possible to investigate the
"The actual expense per flying hour for members learning, or fly- sumption lax..
ing solo, on the Club machines, It was also decided that after the unsecured loans. carrying into affect of the tariff endorsed the recommendation of The Conference unequivocally
would not be very great. It is not possible to give actual figures until autonomy declaration, all Imports,
some knowledge has been obtained shall be table to only one tax and the Shanghai Economic Confer
London, July 11.
as to the support that such a Club that no further levies will be colence limiting the army to 500,000
The adjourned meeting
of would receive. and the current military expendi- lected by either national or pro ture to $192,000,000 annually.
shareholders of Mesars Baldwin's,
However, when considering the vincial authorities.
Limited, WOS resumed to-day financial side. It may be as well to Economic Policy.
when the seven and half per cent remind those interested that there The Finance Conference has Debentura Holders unanimously are many such Clubs in existence As regards the Salt Administra- tion it was decided that the Salt also closely considered the ques- agreed to, the compromise suggest without any official assistance Tax throughout the country shall tion of the economic policy of the ed in the reduction of capital-whatsoever, and that the majority
Router: be united, and effective control of (Continued on Põga 12.)
(Continued on Page 12.)
Salt!
the several parts of the empire con- cerned, but he hoped it would be possible to publish the report and arrange for it to be debated in Parliament before the end of the session.
Missing 41 Days.
"Krassin," they could certainly be saved if the "Krasain" had "plenty of coal... Not a word had been heard of'
Swedish, Plane to Stay. them from that day to this, a mat
The Ministry of Defence has ter of forty-one days and they had been given up for dead, Cap- telegraphed to the Swedish Expedi He added that he had to-day sent tain Lungborg expressing the tion that. In view of the re- a very urgent cable to every Domin- opinion that although with care port that Professor Maltagren's lon asking them to expedite their their provisions could be made to party has been sighted, the sca reply.-Britisk Wireless,
BRITISHI TRADE FIGURES.
London, July 11, The Board of Trade returns for Jane show that Importa totalled 200,369,000, and exports £59,472,- 000-Reuter,
last out another week, they must plane "Upland" which was yester have perished in the terrible wea day ordered to return to Syreden ther recently experienced and for should romain at Spitsbergen. which they were scarcely equip
Ominous
ped
The Russian Ice-breaker "Kras-
Bolo July 11. sin" which had succeeded in fore- The ominous silente from the Ing its way to within 25 miles of Viglieri party, wireless, messages. the Viglieri party, is now making having entirely ceased since July for the walking party, crashing ita 6th, is interpreted as meaning that way through the thick ice, a wire- 3 (Continued en Page 13.)||
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