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FURTHER SLUMP IN SILVER.
NEW LOW RECORD SET IN LONDON.
HONGKONG DOLLAR DROPS IN SYMPATHY.
'A GLOOMY OUTLOOK.
A further slump 'in the ster- ling value of the Hongkong dollar is to be feared. This morning, the opening quotation
PRINTED
PUBLISHED BY
I Mranklin
Afanager
"Hongkong Telegraph" -
for The South China Morning Post, Lid.,
1 & 3, Wyndham Street, Hongkong.
The
1st. EDITION
Hongkong Telegraph
FOUNDED 1891
OF US
EX SATURDAY, MARCH 1, 1930.
136 FE ANNUM BAGEN GOPK 30 ÖHNTS
FORMER HONGKONG|FISCAL AUTONOMY TWO NEW SHIPPING HONGKONG'S NEW
LADY.
KILLED IN MOTOR MISHAP
AT HOME.
WIFE OF CAPT. TALL.
Old residents of the Colony will hear with the utmost regret of the death at Home, under tragic cir- cumstances, of Mrs. Marion Tall, wife of Captain Peter Tail, who was for many years in command of the Taikoo tug.
It appears that on January 22nd, Mrs. Tall, who had been residing
with her husband at faghall, near
OF INDIA.
BUDGET REVELATION AT NEW DELHI.
INTERESTS OF INDIA BEFORE
GREAT BRITAIN.
ASSEMBLY'S RIGHTS.
New Delhi, Feb. 28.
MISHAPS.
KASHMIR COLLIDES WITH
H.M.S. APHIS.
STEAMER HITS ROCK,
Brief details of another ship- ping mishap caused by the fog which extends over a wide area. outside the Harbour, were receiv- ed in Hongkong this morning.
DECORATION.
THE CERTIFICATE OF HONOUR.
RULES GOVERNING AWARD NOW ISSUED.
Bulls
CARRIES THE TRAFFIC.
're British, too.
BRANCH:
and
Inners
From the Office Butts.
The Street Snatchers' Trophy:
The Ladies' Purse,
口口
A burglar, who posed as
a
chimney sweep has, we read, béen
operating in London. This is one of the sweep's-takes that should,
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be prohibited.
Turkey has decided to make
Sunday a day of rest. It's now up BADGE DESCRIBED.
to Hongkong to select a day.
Couldn't these Naval Confer. Hongkong's new decoration;ence delegates be called Powers badge) which is to be awarded the Certificate of Honour (with pow-wowers?
DO
Despite Sir Gecil Clementi's recent claim, Diana Bay may be
fitly termed the Mare of Hong- kong.
口口 Judging from some of these racə pictures," a number of ponies. appear to have passed the poat under a cloud_of_suspicion.
口口
What about giving some of these.
B.O.T. ("Bought On Trust”) certi ticates to those newspaper racing' tipsters?
口口
Appropriately
The Japanese 3.8. Paling Maru, it is learned, struck a rock during a dense fog in the early Hours of Liverpool, was returning to her and regarded in many respects beached on the sandy shore. of The Budget, eagerly awaited yesterday morning, being eventual- home after visiting a surgery in as one of the most important in Details of the damage done to the for services rendered to the in operation, we suppose some Manno Island. east of Swalow.
enough, Chautemps French Cabinet was the on demand was 1s. 5.13/16d. order to procure some medicine for the financial history of India, ship have not yet been received, Colony, is described in the cur-people would blame it for the
If we had the automatic phone only in for a short time." which is the lowest in the his-her husband, who has latterly not was introduced into the Legisla-though it is presumed that the rent issue of the Government wrong numbers that they've got and many others who couldn't be tory of the Colony. It repre- enjoyed good health, when, sents a drop of d. since yester- crossing a street, she was knocked Schuster to-day.
Shanghai is now full of brokers on tive Assembly by Sir George beaching of the ship Indicates that Gazette, which also outlines the this week. day, and the conditions now down by a heavy motor waggon,
she was badly holed.
any broker. rules obtaining in the silver market,
The back wheel
Fresh sources of taxation are The s.s. Paling Maru is a steam-thereof.
governing the award of the vehicle
DO
Three Chinese got Notification of the
There was a young girl, named terms of imprisonment on Cham- varying proposed, Sir George explaininger of 2,422 tons gross, her owners awards is to be ordinarily made following the re-introduction of passed over her, and she WAS
that the Government of India being the Nissin Kisen Kaisha for in a special. "Honours" supple-
Bianca
pions' Day for having bad ten-cent a duty of fourpence per ounce instantly killed."
Who retired while the ship was pieces in their possession. in the Budget of the Government
desired increased revenue in order whom the NY.K. are agents in
at anchor:
would like to know what happened of India, definitely suggest that
to permit greater assistance to Hongkong. The vessel is register ment of the Gazette to be
to the man who gave us a chopped the provinces and to enable theed at Tokyo.
published on the King's Birth-
When she heard the mate say dollar at the pari-mutuel on the Government to work on reforms.
day.
the bottom has not been reach- ed.
The late Mrs. Tall, who was 65 ears of age, went Home with her husband from Hongkong some years ago.
Both were very well- known during their lengthy re- The sudden fall to-day is in sidence in the Colony, and their sympathy with the price of bar numerous friends will hear of silver in the London metal mar-Mrs. Tall's tragic death with the kets. The price dropped to 194d. deepest regret. per ounce yesterday, according to a British Wireless message receiv- ed in the Colony this morning, setting up a new low record.
Lowest on Record.
The existing price, which is ascribed to the India Government's decision, is the lowest reached since official records were kept.
A low record was also es- tablished by tin in London yeater- day, the price dropping to £168, 1s. 3d. per ton, which is the- Jowest since 1922, when £139 per ton was recorded.
The further slump in silver is calculated to raise once again the question of stabilising Hongkong
currency.
Bottom Not Reached. Notwithstanding the remarkable decline in silver values witnessed during 1929 and the two months of 1923. the outlook remains far from encouraging, and a lower level of prices in the near future is to be feared.
the
still
This is the considered view of Messrs. Samuel Montagu and Co,
well-known London bankers and bullion brokers, who in their annual bullion letter, re- ceived this morning, point out that supplies have been amplified by further demonetisation of silver coin.. Hongkong, in using some of this for re-coinage, has possibly been instrumental in absorbing silver which might otherwise hove added to the glut
in the market. Hongkong's return
to a silver basis did nothing to
crente a demand for new silver.
Shanghai Stocks.
It is also pointed out that stocks
of silver in Shanghai which at
Much sympathy will also be felt for the bereaved husband in the heavy loss which he has been called upon to bear.
GOVERNMENT HELP FOR RAILWAY.
*
IMPORTANT ANNOUNCEMENT MADE AT HOME.
London, Feb, 29.
The Important Item.
in the new Budget, and one with One of the most important items
which the Finance Minister dealt at some considerable length, is an additional protective duty on non- British cotton goods. The ordin- ary duty on all cotton piece-goods is increased from eleven to fifteen per cent, but the Government pro- poses to impose a further five per cent. on non-British goods
In regard to this special duty, Sir George Schuster's speech fact that the fiscal autonomy con- showed striking evidence of the
vention has become an integral part of the constitution of the Government of India.
Sir Josiah Stamp, President, speaking at the annual meeting of the London, Midland and Scottish
Intervention Restricted. Railway, said that development
Even when British interests are schemes for the Railway, involving changes in India, the intervention profoundly affected by tariff an expenditure of approximately of the British Government is res £1,800,000, had been approved by tricted to representation and appeal. the Government.
Sir George Schuster revealed
Another shipping mishap, in- volving a P. and O. liner and a Bri- tish warship is reported from ed H.M.S. Aphis while the latter Shanghai. The s.s. Kashmir graz-
was
secured alongside H.M.S.
THE INDO-CHINA REVOLT.
Thirteen Natives Sentenced
to Death..
YEN-BAI TRIAL RESULT.
Hanoi, Feb. 28.
The Criminal Court, sitting at Yen-bai in connexión with the recent disturbances in the vicinity, has sentenced thir- teen of the culprits to death. Two others have been sentenced to imprisonment with hard la-" bour-Havas.
Of this amount, £1,450,000 would rank for grant of interest from the that the British Government has Government under the Act which addressed a message to the Governo provides for such assistance to ment of India asking it to take into utility works calculated to promote account the serious effects their Cornwall at Shanghai yesterday, employment.
proposals would have upon the Some slight damage was sustained Further schemes involving an Lancashire cotton industry, an by H.MS. Aphis. The Kamshir
effect which they felt sure neither was apparently undamaged.
outlay of between £3,000,000 and £1,000,000 were under considera- tion-British Wireless.
THE REVOLUTION IN
SANTO DOMINGO.
the overnment of India nor the Legislature would desire to create..
The Government of India, he added, had replied to the Govern- ment of the United Kingdom, ex pressing deep sympathy, but atat ing that the interests of India must
come first.
A Third Mishap.
Later. News has now been received of another mishap to vessel, the steamer in this case a Japanese being the Tetsuzan Maru, for whom Messrs. Wada and Co. are
The rules governing the award of the honour are as follows:
consist of a scroll, bearing the A Certificate of Honour shall portrait of His Majesty the King and the signature and seal of His Excellency the Governor and Com- mander-in-Chief or of the Officer Administering the Government.
!
Silver Gilt Badge. Recipients of a Certificate of Honour shall be entitled to wear
But awoke with dismay
"We must pull up the top sheet same-day.
and spanker."
ᄆᄆ
00
We
Our Idea of a lucky number is
about Adam? of mischief," says a writer. What note we discovered in our waist- "The garden keeps a man out that appearing on the ten dollar coat pocket after leaving the races..
Scottish golf Members of a club are fined. every time they remove a divot. These ground
ents should
Q
around the neck, pendent from a bring in quite a ribbon coloured red, white and lot of money, blue forty inches in length and one and a half inches wide, à silver A lot of good gilt Badge, bearing on the obverse buys on the the approved portrait of His Hongkong share Majesty the King, and on the market turn out reverse the badge of the Colony to be farewells. accompanied by the inscription in English characters "Hongkong."
口口
Many a man The Badge of the Certificate of Honour may be
and his wife worn on cere- monial occasions and on occasions
are the life of when Orders, Decorations and a party, but it Medals are worn.
isn't always the Certificates of Honour shall only same party. resided in Colony of Hongkong for be awarded to persons who have
☐ ☐
O O
He: Have you ever kissed
a man before.
She: Yes.
He: Tell me his name, so that I can thrash him,
She: But-but-he might be too many for you.
It seems a paradox, but if unity. provided that in cases of extra-ence. it will lead to a good deal a period of at least fifteen years; is reached at the Naval Confer ordinary merit the Certificate may of "scrapping." be awarded to persons who have so resided for a less period than fifteen years. The total number of holders of the Certificates of Honour shall not exceed 10 at any one time.
The French Cabinet is now out going to press, its record hasn't -a wash-out. Up to the time of
been beaten,
O D
The original Apollo was said: to be the win-
ner of the first- Olympic Race. Of course, that was a long time ago.
Lots of Hong- kong people, have this week been enjoying bad ass.
Local jockeys
do not suffer with nerves. That is because
not by the
they are upset jumps.
The advertiser who seeks home evidently wanted a square deal accommodation on the mid-level,
maison.
00
On the morning after the Cham. fül and sympathetic of the S. C. M. pions race, it was very thought- Post to assure readers that even- in the Grand National, "Seventy-
៦ ច Notification of Award.
The one thing which strikes us two Horses Stand their Grouad " Notification of the award of ents is that they don't seem to live
about these United Empire expon- The brutes! ordinarily be made in a special up to the adjective. Certificates of Honour shall The Final Decision.
the local agents.
"Honours" supplement of Seen by a Telegraph representa Government Gazette, to be publish- the They realised, however, how tive this morning, an important it was for India from a Messrs. Wada & Co. said a message the King.
official of
ed on the birthday of His Majesty Washington, Feb. 28.
political viewpoint to take account had been received from the master The State Department has re- of British opinion. The Government of the vessel stating that she had after such notification the recipi ceived a despatch from the Ameri- had therefore suggested an addi- gone aground in Hainan Straits ent of Certificate of Honour to the railings in Statue Square its ahead with the volt sty
At the first convenient date can Minister at Santo Domingo tional duty on non-British cotton but was in no immediate danger.
INTERVENTION BY THE U.S. LEGATION.
stating that an armistice has been with the Legislative Assembly.
goods, but the final decision lay The Tetsuzan Maru, which is a arranged between the rebels and the President Vasquez by the inter- that the Government anticipated from Port Corbet to Swatow.
Sir George Schuster concluded gross tonnage, was on her way steel scraw steamer of over 2,000 beginning of 1928 amounted
tovention of the American Legation. that very considerable comment about 108,000,000 ounces, at It is hoped that a basis of per-would be aroused by the decision, present total about 192,000,000 manent settlement of the trouble but they welcomed the most critical ounces. such BR accumulation will be attained. naturally creating a depression in H.M.S, Wistaria was despatched
scrutiny.
the market.
As to the future. Messrs. Montagu and Co. state:
In view of the fall which silver prices have sustained, the future trend, whilst obscure, is still a matter of great interest. It may
He appealed, however, for
to Santo Domingo as a precau- decision of the Assembly to tionary measure, following In- given in a calm judicial spirit. formation that revolutionaries were in control of the city.- Reuter's American Service.
be assumed that as far as Europe ARMED GUARDS ON THE
is concerned, there is little likeli hood of a revival of demand for
coinage purpose, and the absorp tion by the film industry, though
CHINA COAST.
likely to become of increased im- PREMIER CONSIDERING NEW
portance, can scarcely yet prove a fully compensating factor.
Burden on the East.
REPRESENTATIONS.
London, Feb. 28.
In the House of Commons at
The
The New Taxes,
the be
NAVAL CONFERENCE CONVERSATIONS.
PREMIER TO HAVE REST DURING WEEK-END.
An old-timer told a story at the races on Wednesday, of the good great old days, when a pony was so fast she led the field by two lengths in the first fifty yards, ten and a half at the stands, nineteen and
are Hongkong women gamblers, provided their husbands give them plenty of money.
口口
A male brute, found hanging on a half up the incline, foaled a colt
be invested with the ribbon and heard to remark: "I wish thish second! A fast pony! shall, on a ceremonial occasion, last Wednesday evening, was lengths running
白口
Certificate of Honour by the badge together with the scroll of a
car wouldn't shway so mush!"
□ □ Governor on behalf of His Majesty
During the week we met a man' the King, or by such person as he
Next to the abolition of Christ who discovered how to make a shall designate to represent him Soviet has abolished is "Peace on annual race meeting. He didn't mas, the most important thing the dead certain $270 during the for that purpose.
Forfeiture Rule.
Earth."
ᄆᄆ
buy any tickets!
☐ ☐
If any person to whom the Certi- who laud the low dollar is that Delage variety.
The trouble about these men Some motoring. feats are of ficate has been awarded shall be
the
of business.
☐ ☐
Both Chiang and Yen haye said
guilty of misconduct or of dis- they never seem to be in our line loyalty to the Government he may be deprived of it by the Governor
also to restore it to him.. or Officer Administering
"The Last Kiss" is a long film. their last word-until next week. Government, who shall have power It goes on for two hours.
☐ ☐
It was announced that Scott and Upon forfeiture of the. Certifi- There seems every reason to Sharkey were to fight "under cate or upon the death of any hope that by the next St. Andrew's waying palms." The man who recipient the badge shall be re- Ball we may have a vehicular cabled that forgot to add the turned forthwith to the Governor ferry.
further realistic touch of dancing lights. ย.
An
new taxes proposed in the Budget include an increase in from eleven to fifteen per cent, the delegations to the Naval Con- the duty on cotton plece goods
London, Feb. 28. Private conversations between an additional protective duty of ference took place this morning, five per cent. on cotton goods, and
non-British but there were no developments of a three-year any importance. silver duty of fourpence an ounce,
The excise duty on kerosene la week-end taking a rest from Con- or
Mr. Ramsay MacDonald is this raised from one anta to one anna.
Officer Administering the. ference work. and six pies; the import duty on
Government unless he shall in any Negotiations in the nature of instance deem otherwise expedi-snatched by car bandits, contained Report from the home market
Shanghai woman's bag, kerosene is reduced from two conversations have been contem- ent; but in no case shall the badge only patent medicines. They got Cabinet-making is booming, with a We must turn once more to the question-time to-day, Mr. A. Vannas and six pies to two annas plated for the week-end, and the be worn by any other than the something for their pains. possibilities of the great silver Alexander, the First Lord of the and three pies.
Premier will this evening go to person to whom the Certificate
brisk demand from France. using countries of the East being Ramsay MacDonald recently
Admiralty, stated
The import duty on sugar that Mr. raised by one rupee and eight Chequers."
his official country residence at was awarded.
☐ ☐ able shoulder the burden. Silver
Some of our Kowloon motor- annes per hundredweight. imports into India in 1929 will gard to the proposal to withdraw, fifteen thousand rupees and up-Olympia-British Wireless.
Officer
Some, at least, of Kowloon's big a communication in re-
This morning, the Premier visit Administering the Government is cyclists would appear always to gane are not wanted. They only The income tax on incomes of ed the British Industries Fair at empowered to make, amend or dis machine in front. probably be about 65,000,000
exhilarate when passing ounces and into China about 130,-as from April 1, the armed guards wards is raised by one pie in the
the get everyone rattled. perise with such executive régula- 000,000 ounces. In the case of from His Majesty's Forces recent rupee; and the super tax is cor
tions, not inconsistent with these the former country silver is a supplied to certain merchant-respondingly raised, except the
rules, as, he may deem advisable luxury and, given a measure of men plying along the China Coast. flat rate super tax on companies.
A local dentist was soon in the The O.B.I. (Order of the Bulls for the better conduct of all vicinity of the Jockey Club atables Mr. C. M. Maniters, 0.B.E., for and Inners) is hereby awarded to. prosperity, there no reason why The proposals made in the let-
matters relating to the procedure on Champions Day, but he failed his supreme optimism, when, the demand for silver should not ter were being examined and it duty is allowed for re-export of A full rebate on the silver
to be observed in respect of to extract anything from the facing. an be maintained, for, although move. was hoped that a reply would be silver.
Certificates of Honour.
audience composed ments to provide greater banking sent shortly.-Reuter.
facilities for the masses of India,
aré under examination, the time
is still far off before the ancient
custom of hoarding is likely to fall into diause. Somewhat different
ceived
Te-
FAIR WEATHER.
The local weather forecast till
is the case with China, where sil-noon to-morrow is as follows:
ver represents the basis of cur- Moderate east or variable winds;
(Continued pn Page 5.). generally fair,
is
The additional protective duty on non-British cotton goods is subject to the approval of the Assembly..
BROADCASTING IN INDIA.
GOVERNMENT TO ASSUME CONTROL:
The Governor
DO..
horse's mouth."}
wholly of bachelors and married men at the KRA, meeting last The local punter who tried to night, he declared, in relation to Hie Excellency the Officer Ad- find reasons for spotting winning the provision of a maternity ward ministering the Government has numbers now knows numbers why at the Kowloon HospitalWo The new, taxes will produce, a
New Delhi, Feb. 28. made the following appointment be'couldn't. '• The Government of India have under the provisions of the Hong
therefore trust Government will surplus of seventy lakhs. A loan completed negotiations fa regard kong
口口
give sympathetic and immediate of 284 crores in India is fore-to broadcasting which will enable Captain Richard Cilve Strachey, he is holding up rural houses. tant matter which may affect any Volunteer Regulations: A critic of Mr. Snowden says, consideration to this very impor shadowed, of which 7.4 crores them to assume control on April 1. M.C., 1st Battalion, The Somerset We always did think he was the of us at any time and may result will be new money-Router.
Light Infantry, to act as Adjutant. strong man of Labour.
In the saving of valuable Hves."
-Reuter
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