1929-08-07 — Page 1

BRONZE

Entrance Doors,

Full Size Statues,

Church Fittings, -

Lift Enclosures, -

Stair Balustrades,

AND ART

METAL WORK.

Screens, Verandahs,

Lamps, Gates, Signs,

Busts, Vares, Eto,

Architects Designs Reproduced.

C.E. WARREN & CO., LTD.

Chian Building.

slamiser

Hongkong. Telegraph

for The South China Morning Post, Lid

1 & 3, Wyndham Street, Horgeng

The

S

3/16d.:

p.m.

C. Truck Chassis havestranith

Hongkong Telegraph.

Tal. C.259

FOUNDED 1881 NO.22,853

MR. NOEL BREWER MR. T. V. SOONG'S

EXPLAINS.

CASH TRANSACTIONS OF IN TONE BANK.

DIFFICULTY OF HANDLING TOO MUCH CAPITAL.

“COMPETENTLY RUN."

RESIGNATION.

135 PER-ANNUM

=**ĦA WEDNESDAY, AUGUST 7. 1929. BEMAŁ SINGLE COFF 30 CANTS.

SAYS MILITARY EXPENDITURE

IS TOO HIGH..

BUDGET IMPOSSIBLE.

Shanghai, Aug. 7. The resignation of Mr. T. V. Soon, the Minister of Finance, is now officially confirmed.

Yesterday, Mr. Soong memorial- ised the National Government say. ing that the presént Disbandment Conference discussions have dealt with huge sums of money for dis-

EARLY MORNING BLAZE.

HOUSE GUTTED AT WEST POINT.

BRIGADE HANDICAPPED BY TYPE OF BUILDING.

PREVENTS SPREAD.

capacity

purpos=

$,000 pounds.

127-8/4" chasals; 145-8/4′′ chassis-

HK$2,500.00 HK$2,650.00

THE DRAGON MOTOR CAR CO., LTD,

Teleshona Central 1248 ge 1947.

35. Wong Nel Chung Road,, . . . Happy Vallay,

STREET FIGHTING MR. SNOWDEN AND CHINESE ACTOR

IN CALCUTTA.

FOUR KILLED AND DOZENS

BADLY HURT.

STARTED BY USURËR.

Calcutta, Aug. 6.

YOUNG PLAN.

BRITISH OBJECTIONS CLEARLY DEFINED.

INJURED.

BOMB INCIDENT OUTSIDE A CANTON THEATRE.

ASSAILANT ESCAPES.

DISTRIBUTION OF ANNUITIESA profound sensation has been

CRITICISED.

UNFAIR TO BRITAIN.

The Hague, Aug. 6. Clearly and firmly, Mr. Philip

caused amongst the Chinese com- munity by the report that an attempt has been made on the life of Ma See-chang, the well-known Chinese actor.

A telegram this morning appears in a Chinese paper, stating that us Ma See-chang was stepping leto a waiting motor-car at the close

BRITAIN GOING TO THE LIMIT.

THE ANGLO-EGYPTIAN TREATY TEST.

IMPORTANT CONCESSIONS BY

MR. HENDERSON.

DECISION WITH CAIRO.

London, Aug. 7. The Foreign Office to-day issued.

the Instone Banking Corporation bandment and for future military work. in dealing with outbreaks in when the battle was at its height, Snowden, the British Chancellor of a performance at the Theatre the text of the proposals to

The formation and activities of

were given in some detail by Mr. Nout Instone Brewer at the Supreme Court this morning when, following his public examination vestertiny by the Official Receiver, he gave an explanation of matters raised in the examination.

expenses, which it would be his task to raise,

A sentence shouted by a ner vous moneylender at a crowd of strikers and mill-operatives, led to a bloody affray between the par- ties, resulting in four persons be-. ing killed, and a large number in- The difficulties under which the jured. Hongkong Fire Brigade has to The police arrived on the scene Chinese tengt houses wha and the mobs were dispersed only again demonstrated this morning with the greatest difficulty, fifty-of the Exechequer, defined the on Dutch Folly, at Canton, a bomb achieve a settlement of the ques He therefore summoned a

con- when a fire took place at a block four arrests being made before of Plan at this afternoon's session of plading, injured the actor in the Britain and Egypt, which were. British attitude towards the Young was thrown at him, which, on extions outstanding between Groat ference of financial experts, who of Chinese buildings between Con-der was restored. reached the unanimous conclusion naught Road West and. Des Voeus The affair developen from the the Reparations Conference. that while the required sums can Road West, completely gutting one stoppage at the jute mills, which

leg, besides cuasing injuries to five submitted by Mr. Arthur Hender In the main, his speech, which other persons.

sön, the Foreign Secretary, to he raised, there must be an as-of the houses. In a lengthy statement to the

already involving over 40 per was listened to with rupt atten- The assailant escaped. The Mahmoud Pasha, the Egyptian Chief Justice to-day, he said that surance herenfter of a fully de-

four-storeyed cent, or the industry at Calcutta, tion, consisted of a reiteration of attempt took place shortly after Premier, on Sunday, houses concerned is so constructed extended t. ather mills yesterday. his declaration in the House of midnight, or in the early hours of thin Premier, Mr. Henderson says: thering the bank's period of work-quates Budgel system.

In a covering Note to the Egyp ing there was not one cent, of Mr. Soong points out that the that the firemen had the greatest

Over a thousand strikers to-day Commons on July 26th, when he this morning. money misplaced or unt accounted Disbandment Conference last difficulty in getting to the root of demonstrated outside a mill in the said that while Britain had agreed for; there were no swollen salaries, spring derided that military ex- the fire. The house which caught Courepore district with the idea to the scale of German annuities, penditure should not exceed $16. Gre is in the middle of the block, or dissuading the operatives from he would have a lot to say re- 900,000 monthly, which was "heavy being about 165 feet long but only working.

garding their distribution. enough." but, "observing the ten-15 feet wide. With only 15 feet of denes of the present Conference.space to work on, those in charge it seems to me that the monthly realised that unless they could get un-on to the roofs of the neighbour military expenditures will doubtedly be far in excess of the ing houses, the fire would as sume serious proportions. This sum set as a maximum."

they necordingly did.

and no sceret profits. The business was run or an economical basis and could compare favourably with the running of any other business in the Codany of Hongkong or elsewhere,

No unnecessary expenseS

It is the Finance Minister's con- sidered opinion that if the limit is not adhered to, there is no hoja of effecting a National, Budget.

The block of

A Medicine Shop. The gutted house is occupied by

One of a number of Pathan

The Limit Reached. Britain, he said, has reached the limit of concession. Her sacri- fees had been generous and. quixotic, and there magnanimous, would be no more which a deter- mined man could prevent.

moneylenders, apparently enraged at the prospect of a further large number of workers being added to the strikers, leading to further impoverishment of their clients. The management, be said, was conducted in a thoroughly honest

shouted at the workers that the and proper manner, He proceeded

sarikers were looting their homes. to deal with the formation of the

The workers then attacked the company and said an agreement

strikers and ferce melee ensued, was entered into, and there had with the result that the orderisa Chinese medicine firm, the Hives and clubs being freely used. been no quggestion that it was development of the nation will be of which is Chan Shun Nam &C. Dozens were seriously injured and not a proper agreement. The impossible if a reduction in mili-whose offices are situated in No. scores suffered minor hurts.pay, but the Young proposals con- agreement provided for certain tary expenditures and an oper-15. Des Voeux Road West. The Router. - contracts to be purchased for cash tive Budget system are not enforc-rear part is used as a godown, and then came the question how | ed.

facing the water-front, being the agreement should be entered; Mr. Suong says it herones im-known as No. 59 Connaught Road in the books,

possible for him to face the sorely-West. tried people, and he therefore subs mits his resignation-Reuter,

Passing of Cash?

It was possible to argue, he said, that actual cash puissual and that the agreement was set aside be the giving of shares. It was also possible to say that cash had passed and would be used to pur- chase shares. "The agreement stated That cash must be paid and cash were not paid then the agree ment had never been satisfied.

Dealing with the capital of the company, he said it was his aim to start with $50,000 but as it was dezived & include the purchase of

if

Nanking. Aug. 7.

How the fire originated is not known, but it thought that it started on the first floor, on timebes

In the course of a speech at the Voeux Road side. It soon spread closing of the Disbandment Con-across towards Connaught Rod ference, Marshal Chiang Kai-shek West, burning right through the estimated that the Army at present house. totalled two million men. The Con- ference decided to reduce the mum ber to 80,000.

Fortunatel, as the result of god work by the Brigade, the outbreak was erined to only the house, and

NEWS

OF SIBERIA MAILS.

MANY BAGS FROM EUROPE

́ ́ ́REACH' TSURUGA.

MORE DETAILS LATER.

Once notifies for general informa The Hongkong General Post

Investigating the matter, # Telegraph reporter learned that a telegram has been received from Ma See-chang by his family in Hongkong, which, while assuring them that he is in no danger, erived were painful enough, denied although the injuries he had te- that the attempt was one made on says he the actor himself, Ma See-chang

through a stray splinter from a came by his injuries

bomb which was meant for some other person.

There was general agreement that they could not demand an increase in the annuities which incident are lacking, but it is ex- Further facts regarding the Germany would be called upon to peeted that with the return to Hongkong to-night of a number stituted a new demand for further of friends of the actor, the full sacrifices from Great Britain; and story of the incident will be avail- from the point of view of national finances that was serious.

our able.

Interviewed, the manager of the Britain's sacrifices had already Theatre in Hongkong in which Ma imposed a burden of £60,000,000 | See-chang had been performing, a year upon our own people, which said that the actor left Hongkong would remain unless we got our last Friday to full an engage- payments from Germany and from ment at Canton. our Continental debtors.

Utterly Indefensible.

With the hundred. or so other members of the Kwok Fung Kek Kun Theatrical Troupe, he had lie told the delegates at the Con-been appearing at the Theatre on ference that in the opinion of the Dutch Folly Island, which was distribution of the German annui- park. After a season in Canton. British Goverument, the proposed recently converted into a pleasure

Ma was

to return for appearance in Hongkong.

Ranking with only one other Chinese actor in fame and popu larity amongst the Chinese of the south, Ma See-chang is a familiar figure at local tea-dances and

another

"The proposals, together with the explanatory notes to be exchanged on matters, of detail, which Your Excellency is about to submit to the Egyptian Parlament, represent the ex- treme limit to which I could recommend His Majesty's Gov- ernment in the United Kingdom of Great Britain and Northern Ireland to go in their desire to achieve a lasting and honourable settlement of outstanding ques- tions between Great Britain and Egypt.

Britain's Hopes.

"It is the earnest hope of His Majesty's Government that patriotic Egyptiana will examine. these proposals in the same friendly and concillatory spirit which has charactérised our recent conversations and will establish on a satisfactory banis the relations between our res- pective countries.

"If this should be the verdlet of the newly-elected Egyptian Parliament, His Majesty'a Gov- ernment, for their part, will_im=" mediately submit the proposals to Parliament with a view to rati- fication of the treaty, carrying them into effect,"

Premier's Reply.

The Egyptian Premier, in a note acknowledging the receipt of the proposals says:

Marshal Ching pointed out although this was completely gutted. that Chines

revenue Iotals the adjoining houses were not af $450,000,000 (Mex), which fected. Owing to the firemen hav tion that the last London' mailties was utterly indefensible.

of $100,000,000 is ear-market for ing to work in the roofs, ine up received via Siberia was that des- He desired the Conference to the repayment of National Debis, per Buins of the aujoining houses patched on 4th July from London. succeed, he realised the difficulties, The Army cost a minimum of $396. vere glihtly damaged, hat the London has been asked to trace he hoped that the conference a building the estimated capital | 000,900, nöt “including extraordin. lower (Bars escaped,

subsequent despatches and to would make The Hague still more was raised to $150,000. The compang [ary, expenditure. Therefore, a

cable details,

famous in the history of the pro- was incorporated with a large radicul reduction was the only way

A large number of bugs of mailstress of international peace, but capital in case of future expansion, to save China from bankruptcy. The call through to the Central from Europe via Siberia reached Britain could not be asked to other social functions. Hix theatr "I realise that these proposals rê- and because he had been assured

Tsuruga via Vladivostock on 2nd sacrifice her national intoresta, cal performances are always that an experienent bank manger

August and are being forwarded The main British objections to crowded; invested as they are with to destinations. No details are the Young Plan may be outlined a versatility ranging im comedy yet available.

as follows:

to super-romantic parts. He has an income said to have amounted last season to as much as $80,000

would be brought-in,

While he was in charge he insist- ed that the bapital should not be excessive and when applications arrived for two millions and there was no experienced manager he was genuinely perturbed.

Even with the reduction to 300,000), the military expenditure will total 40 per cent, of the revenue, Roubor,

STRANDING OF THE

Delay in Cal?

Fire Station was unde at 3.05 m., but when the three appliances ar sivet on the grers, the fire had al- ready got a firm hold on the house. It is surmised that the call mast have been delaved, and this theory is probably correct, for when spoken to this frenon, the occupants of neighbouring hopes told a repre- sentative of the Telegraph that the MARINE COURT OF INQUIRY fire had been raring for at least a yster of a hour before the first

LOK SUN.

ON FRIDAY.

engine arrived on the scene.

Fresh water was first used by A Marine Court of Inquiry is the Brigade, but a few minutes la- to be held at the Harbour Officeter, a fire-float berthed at one-of on Friday morning af 1030 am. to the samorous wharves along the investigate the circumstances of waterfront, and thence onwards, the stranding of the ss. Lok San salt water was solely employed. which went aground during the early hours of Sunday, July 14, un Samus Island,

Floors Give Way.

In the first place, the Scheme is o developed that Britain would lose £2,500,000 per annum as com- pared with hor receipts under the Dawes Plan.

London has also been asked to rable details of receipt of mails from Hongkong via Siberis and the public will be notified as soon as this information is available. Siberia closed here on and after The three maits for Europe via

Allies Arrears. 15th July were diverted at Shang-under the Scheme to forego u sum Secondly, Britain is expected

hai and sent vla Suez.

SCOUT PAGEANT AT JAMBOREE.

of £200,000,000 which the Allies owe to her on account of repay- ment already made to the United States.

Thirdly, objection is taken to the exclusion, of Britain from a share

a year.

SERIOUS CLASH IN RUMANIA.

TEN KILLED IN FIGHT FOR POWER STATION.

.

present the extreme limit to which you could recommend His British Majesty's Government to go and, for my part, I am prepared to submit them to the Egyptian people and Parliament in the sincere belief that their acceptance would be in the best interests of my country. "I join in the earnest hope of His Britannic Majesty's Government that these proposals will be examin ed by all patriotic Egyptians with- out distinction of party the same friendly and conciliatory spirit in which they have been conceived and discussed by us, and that they will be found to embody a satisfactory - basis for future relations between our respective countries.

"It is in this spirit and with this hope that I take back these pro- posals to the Egyptian people.""

Treaty Proposals.

Avoiding Responsibility.

He went on to explain the two methods of avoiding such a respon- sibility. One, by accepting only 1 per cent of the applications, and the other by accepting all the money and piling it up in a bank. Consideration gave him a third

Bukharest, Aug. 6. method without the disadvantages

A fierce battle between tropps of the other two. By permitting

in the unconditional portion of the and a large body of striking shareholders to pay 10 per cent.

CARRIED OUT IN TERRIFIC Said to have been constructed

German, annuities. The annuity called up, and also the money not The Harbour Master, the Hon. close on 30 years ago, the black

·RAINSTORM.

averages £100,000,000, of which miners, who had seized the power called; and, then insisting on the Commander G. F. Hole, R.X., will of buildings in which the fire shareholier himself making use of art as President of the Couri and occurred has only flimsy wooden

London, Aug. G.

£33,000,000 must be paid in foreign station at Lupeni in the Jtu Valley, resulted in ten men being killed The currencies, unconditionally. that money by re-borrowing put assessors will be Lieat-Candyours. In the particular house international boy scout jamboree words, Germany is permitted, in tackle the strikers as the seizure of valid for twenty-five years. The The Treaty proposals consist of The Chief Medical Officer of the remainder is conditional. In other and many injured." the bank in the position of being. Go Haddington (H.M.S. Tamar), which was destroyed, all the floors at Birkenhead, in an

The troops were obliged to sixteen short clauses and will be able to call up the money im-Captain Robert

interview order to protect her exchange, to mediately.

'hemius), Capt Arthur Hull (9,8.ased by Chinese for medicinal day, said that despite

fx.s. were stocked with bales of roots with Reuter's representative to postpone for a period of two years the power station placed the lives full text of the proposals is an Mr. Brewer amplified the scheme Telemachus) and Capt. G. Andoe purposes." in the case of a man who applied Tinhow).

The firemen had not long been favourite weather, the general for $10,000 of the capital, saying

at work when the floors gave way lent.

health of the scouts was excel that the $9,000 remaining after

under the combined weight of the ten per cent, had been paid was in

water and the bales of roots.

There had been, only two mila fact a deposit. It was not share!

The roof is, however, quite intact.

cases of infectious disease since money and if the man borrowed |· against it the worst that could happen would be the loan becoming a bad debt. It was not possible for the bank to suffer.

It was possible to look at these transactions in two WHYN. It could be said that because no coin of the realm passed, there was no transaction.

Mr. Brewer's Reasoning.

CIVIL AVIATION IN. FAR EAST.

FRANCE AND BRITAIN NOW CONFERRING.

the un-

its payments in foreign currencies, and may remit ita equivalent in Reichsmarks to the proposed International Rank.

Comparisons of Treatment... The first call was made at the camp opened, and both were

Under the Young Schefe, which 3.03 a.m. and three engines were contracted before their arrival. Britain declares to be inacceptable despatched to the scene.

The minor medical and surgical in its present form, Britain would minutes later, the "home call" was cases treated at the special hos be paid only out of the conditional put through and another appliance Pital were remarkably low in portion of the annuity.

number.

was sent out.

Four

of miners working underground in follows: danger-Reuter.

ECHO OF THE VESTRIS DISASTER.

CLAIM IN RESPECT OF A PASSENGER'S DEATH.

One Military occupation of Egypt by British forced is ter minated.

Two. An alliance Is establish- ed between the high contracting parties in consideration of their friendship, cordial understanding and good relations,

the

Three. Egypt, being anxious to become a Member of the League of Nations will make, under the It is pointed out that the Young London, Aug. 6.

New York, Aug, 6. conditions prescribed by Articlą At 3.13 a.m., the "district call”. A huge pageant was carried Plan gives Britain only just Buff- The French Air Minister, M. was sounded and the engine from out in the Arrowe Park Eynac, arrived in London to-day, Kennedy Town was summoned to this afternoon despite a

arena cient to pay the annual interest to An action for damages to the One of the Covenant of the League, severe the United States, whereas France, extent of $75,000 (gold) against a request for admission, which making the trip by air.

It is officially learned that he already employed.

supplement the four machines thunderstorm and torrential rain. after meeting her debt commit Mesare. Lamport and Holt, Ltd., His Britannic Majesty Govern

--Reuter.

ments, would have an annual surplus arising out of the sinking of the ment undertakes to support" proposes to discuss with Lord With almost every engine avail-

of £21,000,000, and all the other liner. Vestris, has been brought in Tour Should any disputa, with On that reasoning there should Thomson, the British Air Minister, able at work, the fire was slowly

creditor nations would likewise the State Supreme Court on be a third State produc be no reference in the books. On problems of civil aviation, parti- but surely got under control, but Brigade being also present in caso have a surplus.

half of the husband and four chil. involving lak of the other hand it could be said cularly in relation to the position it was not until 6.30 that the of accidents.

In essence, as Mr. Lloyd George dren of Mrs. Irish Johnson, a that they were cash transactions, thar in Africa, the Far East and South "stop" message was issued, In- When a representative of, the sald recently, Britain is called upon negress; who was lost when parties money was in fact handed over for America.-Reuter.

dicating that the fire had been Telegraph proceeded to the scene to foot the bill-Reuter.

the Vestris foundered Reuters a view (one-purpose and handed back

completely mastered.

of the fre, the interior presented

American Service, again for another. It was the obvious

German Payments. intention of the shareholder. to

a dilapidated appearance, bales being stacked up in heaps, with charred wooden beams standing at pressions remain over Tongking and Hon. Mr. T H. King, the Captain all angles while much water, July lend cash, recoverable on demand. the south-east of Loochoos: The Superintendent of Police Other could be scentrickling from the That being so he gave Instructions northern depression has moved European officers on the scene tales A Kere remen and for the transactions to be entered eastwards to Korea. The forecast were Messrs. Moss and Buckeridge coolies were stil

The Royal Observatory reports Mr. H. T. Brooks, the Super- pay for his sharea in full. It was that pressure is highest in the intendent of the Fire Brigade, was also the intention of the bank to Pacing to the east of Japan. De in charge until the arrival of the

as cash items, and it became quite till noon to-morrow is: South or The emergency aquad of the

Play that he had acted correctly.variable winda, moderate; cloudy regular police responded to areally

continued on Page 8.)

generally occasional rain."

a unit of the St. John Ambulay

"Avg. 6.

For the fifth

ferred a tot

THE COTTON/DISPUTE:

cons