1930-10-07 — Page 1

TILES

FOR EVERY PURPOSE

C. E. WARREN & CO., LTD.

· China Building -

Tel 20269.

PUBLISHED BY

hauble

Hanter

for The South China Mering Full, Lid,

The

abrary, Supreme

1 & 3. Wyndham Street, Horflug,

Dollar on Demand:-1/3.0/16d. Lighting up Time -6,06 pm.. High Water: 9.2€ p.m. Low Water: 3.27.p.m.

Hongkong Telegraph.

FOUNDED 1#32

ко

21.213

二拜禮 號七月十英港香 TUESDAY.

REALTY CO. POLICY.

SHAREHOLDERS CALL A SPECIAL MEETING.

OCTOBER 7. 1930.

SAFE ROBBERY AT SOLEMN NANKING

YAUMATI,

CHINESE MERCHANT LOSES A BIG SUM.

RETURNED EMIGRANT.

INGLORIOUS UNCERTAINTY OF ICE reported to the Yaumati police

HOUSE STREET.

USE OF LIQUID ASSETS.

The glorious uncertainty of cricket is as nothing along- side the inglorious uncertainty of Ice House Street, said. Mr. Leo D'Almada jun. speaking on behalf of the requisitionists of an extraordinary general meeting of the Hongkong Realty and Trust Company, at Exchange Building this morning. ·

The meeting was convened for the purpose of reversing the policy of the Directors in regard to the future conduct of the Company's business, the issue being raised by the recent sale of Exchange Building to Messrs. Lane, Crawford, Ltd. The Directors proposed to reinvest the capital in shares and securities, and this policy was criticised by the spokesman for the requistionists on the ground that share dealing was too hazardous, He argued that the Company had completed its main object in the building and rale of Exchange. Building. and that the best course would be liquidation and return of capital to shareholders.

The Chairman (Mr. J. Scott Harston) 'opposed any return of capital, pointing out that in the event, however remote, of a default on the second mortgage, it might become neces- sary to redeem the first mortgage in favour of the Bank. If no capital was returned, restriction on the Directors might easily interfere with profitable investment.

The resolutions were defeated by fourteen votes to ten. and on a poll being demanded, January 20 was fixed.

ATTITUDE OF DIRECTORS:

The Chairman, addressing thejholders, but such, in your Director:" shareholders, said-Gentlemen, [opinion, is not the position to-day. you will have gathered from With regard to resolution No. 11 not the notice which the Secretary has your Board, although it was just read out to you, this meeting legally necessary so to-do, obtained has been convened on requisition the permission of the shareholders by certain shareholders of the to their employing the assets of the Company in investment on mort- Company.

vestment of the

monies

Investments Made.

had

PROMISE.

FOR PROTECTION OF WEIHAIWEI.

WRITTEN ASSURANCES TO GREAT BRITAIN.

HAPPY RELATIONS.

INTER AKKUM

BATRA BIngia Core 10 CERES

LABOUR OUTLOOK

IN AMERICA.

ROSY PICTURE PAINTED BY PRESIDENT.

NEW IMPROVED TOOL.

New York, Oct. 6.

We are justified in feeing that something like a new and improved

GOLF ANNOUNCEMENT

The new improved DUNLOP Golf Ball (replacing the MAXFLI) has now arrived

Stock at LANE, CRAWFORD'S. See Show-Window Display.

Note the new MAX MARKING feature on this latest Golf production, also the increased "flight.”

R.101 COMMISSION.

TERMS OF REFERENCE

.

BELIEVED WIDE.

tool has been added to our working REMAINS OF VICTIMS BOUND FOR

the

The discovery of a big theft, involving a sum of $7,900, 'was

yesterday afternoon at the Peking Boarding House in Yaumati, the

kit for the solution of future pro- principal being a Chinese mer-

blems, said President Hoover to- chant recently returned from

day, addressing the annual con- South America. Of the stolen

That the Nanking Govern-vention of the American Federation money, $7.500 in Double Eagles ment has accepted full respon-of Labour, and commenting upon belonged to the merchant, who was sibility for the protection of the the absence of labour disputes In a boarder in the house, while the inhabitants of Weihaiwei, and

the last year.

He declared that the demonstra- remaining $100 was the money of has stated that it is able to fulfil tions all over the country of co- the boarding house.

It appears that some time last its obligations, was one of the operation and teamplay, and month a Chinese merchant, who statements made by Sir Reginald absence of conflict during the pre- made a fortune in South Johnson, the former British sent depression, had increased the stability and the wholesomeness and resided at the Peking Board-speech made to the district head-social structure. America, returned to Hongkong Commissioner, in the course of a of the American industrial and

ing House, $7,500 in money, he entrusted it when they assembled at the Gov-pound the American economic con- As he possessed men of the Leased Territory The President went on to ex- to the Treasurer of the house ernment offices there to bid him ception that industry must be con- whom he knew years ago while farewell.

stantly renovated by scientific re- both were in America.

In the course of his speech, Sir search and invention, that labour The money was accordingly de Reginald said: "It is mainly ow-welcomes labour-saving devices, posited at the safe of the bourdinging to the efforts of our police that that the savings thereby made shall the British Administration · has been able to maintain peace with- in the Territory during the long years of civil war, banditry and general Jawlessness that have caused so much distress in the Chinese districts beyond our bord- era. It has been a source of pride and satisfaction to us that we have not only been able to give peace and protection to our own people but have also made Weihai- wei a place of refuge for thou- sands of Chinese from the other side of the frontier.

VEĽKOU KONTEKSTATION DU DO CATALANET SİTEN LESNARKOSAANANEL SINGLINK

ANXIETY FELT FOR MRS.

: VICTOR BRUCE.

Airwoman Missing on Flight Over Persin,

FRUITLESS SEARCHES.

Karachi, Oct. 7. Anxiety is felt regarding the whereabouts of Mrs. Victor. Bruce, who has been missing for thirty-six hours. She is engaged, on a flight from Eng- land to Japan.

Was

The noted airwoman last seen flying over Henjam 1.15 p.m. on Sunday at

(October 5) on her way from Jask to Bushire.

Search parties yesterday fruitlessly combed an area of three hundred miles between Jask and Bunderabbas.— Reuter. gener-

Feeling of Nervousness. "While touching on this sub- Ject tranquility, I

of

cannot refrain from mentioning the un- doubted fact that there exists a good deal of nervousness. In the the Territory with regard to immediate future. In view of the turbulence and unrest that still prevail in the districts immediate- ly beyond our frontier, it is not surprising that such nervousness should exist. I think I am position to relieve your minds on this question. The British Go- vernment in England, having been! Weihaiwei in a moet intimate and associated with the people of

3

MODIFIED BASE PLAN FOR SINGAPORE.

Imperial Conference To Discuss Question.

COMMERCIAL USES.

The Foreign Policy and Defence Committee of the Im- perial Conference will specially consider the question of thể Singapore Base.

It is believed that the Brit- ish Government desire to abandon the Base, while the New Zealand delegates will insist that it is still essential.

A compromise is considered. probable, the scheme being modified and the Base rendered available for commercial uses. -Straits Times,

ERZENDURUMDANCINNA

harmonious way for over 30 years, be shared by labour, the employer were naturally most unwilling to and the consumer.

He believed, he said, that by this conception, America was making better living than countries more progress towards security and

con tinuing the old wage conceptions and the patching up of the nid system with doles to unemployed workers,—Reuter's American Ser-

vice.

There are two resolutions before gage and in share and securities, the meeting--the first of which thereby conforming to the calls for express sanction by the ally accepted basis of the business shareholders of any proposed in of an Investment Trust Company of the It is obvious that if there is to be Company, while the second reso- no return of capital to shareholders house, but when the Treasurer lation requests a return of capital at the present juncture, it is im- opened the safe yesterday after-carry out the actual rendition of to the shareholders. With your perative that steps shall be taken

he made a startling noon

dis the Territorwy without first ob- permission, I will deal first with to employ the liquid assets of the

covery that the safe had that resolution No. 2 set out in Company in the most advantageous tampered with and the $7,900 was from the Chinese Government that been taining satisfactory assurances the said notice.

manner, in order that, if possible,

The police arrived they were in a position to afford Those who attended the general the dividend out of income (for missing.

from

Exchange promptly on the scene to make you full protection and willing to meeting of this Company held on merly received

enquiries and discovered two guarantee your immunity from July 2 last, will remember that Building) may be maintained.

knives under the safe, The disaster. such meeting was convened for

weapons were identified as not "I am glad to be able to inform the purpose of obtaining the con- firmation of the shareholders to As you have already been inform- belonging to the boarding house. you that those assurances have Detectives spent a busy been given to His Majesty's Mini- tire sale of Exchange Building, and ed, your Directors' view is that for the further purpose of obtain having regard to all the surround-evening following up clues and ster by the Minister of Foreign

looking for 1 ing the sunction of the sharehol-ing circumstances now prevailing,

suspect who Affairs at Nanking. Besides giv- ders to the policy proposed to be the field in which such monies can is believed to be involved in ing a written statement of the ac- adopted by the Directors with re- the most profitably employed is by the case, and it is understood that tual measures which it intends to a Chinese was later detained at adopt to ensure the welfare of the gard to the employment of the pur-way of investment in shares and Shamshuipo. The money has not people of the Territory, the Chin

the securities both in Hongkong and moneye received by

ese Government has given the Bri- Company in consequence of such elsewhere, I may mention that, to yet been traced.

tish Government to understand sale.

date, the investments made by the

that for your safety and protection Company in accordance with the

it not only accepts full responsibil-

New York, Oct. 6. ' resolution passed on July 2, last,

ity that goes without saying- In the fifth game of the world have shown that the policy of the

but that in this grave matter it is baseball championship series, play- Directors in this regard was justi

actually able to fulfill its obliga- ed here, to-day, the Philadelphia lions. You thus see that your Atheltics defeated St. Louis Cardi- welfare is guaranteed by solemn nals by two runs to nil. promises, and that in this respect The Athletics have won three the honour of the Chinese Govern-games and St. Louis two, St. Louis ment is deeply pledged.

having won the fourth game yes terday by three runs to one Router:

chase

Terms of Sale.

In my address to the sharehol- ders at the meeting in question, 1, as Chairman thereof, particularly fed.

pointed out that the terms of sale if there is to be no return of capital It is also, I think, obvious that -embodies (inter alia) a provision that this Company should carry to the shareholders, the moneys of the Company cannot be allowed to

LENOX SIMPSON'S CONDITION.

A SLIGHT IMPROVEMENT

REPORTED. a second mortgage on Exchange lie in the bank merely earning (as

Tientain, Oct. 6. Building to the extent of $650,-

Enquiries made at the hospital 000.00, full repayment whereof at present) one per cent, but must this evening disclose that Mr. would not become due for a period be employed by the Company in the Lenox Simpson is still holding his of ten years, and further that the best interests of the shareholders, own partial repayments provided for in

:

THE LATE LORD

BIRKENHEAD.

and as I have already indicated, the If anything, his general condition that relation could not be insist Directors are of the opinion that is alightly improved.-Reuter. ed upon for a higher amount than the same should be inverted in shares and securities. Resolution $35,000.00 per year. I further re No. 1 which will shortly be pro- marked that your Directors con-posed for your consideration, lays sidered it would be imprudent to down that such monies

can only return any capital to shareholders, be so invested with the sanction of as they deemed it desirable to keep the shareholders in general meet- the assets of the Company in a liquid form against the possible]" contingency, however remote, of

any default arising in connexion

ing..

PRINCE ATTENDS MEMORIAL SERVICE.

Dangers of Delay, Now, it should, I think, be ap

London, Oct. 6. with such second mortgage, where-

H.M. the King was represented by it aright, become necessary for parent that if the opportunities your Company to effect redemp-offering from time to time for pro- by Lord Hampden, and the Prince Lord Birken- tion of the first mortgage in fav. fitable investment are to be taken of Wales attended in person the our of the bank-which mortgage advantage of, the delay which memorial service you will recollect is for the sum would inevitably occur if the Eanchead in Westminster Abbey to-day of $1,750,000.00. |

-British Wireless,

PHILADELPHIA AGAIN IN THE LEAD..

'SHUT OUT CARDINALS IN A TIGHT GAME.

FRESH TROUBLE IN RUMANIA.

Friendly Relations. "During a generation past Wei, halwei has earned a great reputa- tion in China for the harmony and friendliness which have "always been maintained between the Chin- ese population and the British and other foreign visitors and resi denta. I do not think I am far KING & CABINET NOT IN wrong in saying that there is no

AGREEMENT, place in China where the relations | between the two races have been

Bukharest, Oct. 6. more uniformly friendly. Foreign- The Prime Minister, M. Maniu, ers invariably speak with warm leader of the Peasant Party, who appreciation of the hospitality and brought back King Carol, has re- courtesy of the people of the Ter-signed as a sequel to trouble with

I do not think the his colleagues. ritory, and

The view is generally expressed cause to complain of the manners that the relations between the Chinese have ever found much of their foreign guests. It is very Cabinet and the King are really at much to be desired that the im- the bottom of the trouble.--Reuter. pending change in Welhalwei's political status will not bring about any change in our present happy relationship.

ENGLAND TO-DAY.

SERVICE AT ST. PAUL'S.

One of the victims, Corporal Potter, is revealed as one of the survivors of the R.38 disaster in 1921.

The personnel of the Commission of Inquiry into the R.101 disaster was officially announced by the British Government yesterday afternoon. The Commission consists of twelve aeronautical experts, eight of them British and four of them French: Squadron-Leader R. S. Booth, the commander of the R.100 is one of the members.

There is reason to believe that the Commission will be empowered to go thoroughly into all questions involved, over and above the cause of the loss of the R.101. Dr. Eckener, designer of the Graf Zeppelin, has been invited to give expert

· evidence in London

The bodies of the victims are being conveyed to England to-day and after a Memorial Service at St. Paul's Cathedral on Friday, they will be interred at a general funeral service at Cardington.

HELIUM SUPPLY ISSUE RAISED,

Berlin, Oct. 6. Commenting upon the R.101 disaster, the newspapers and avia tion experts, including Dr. Eckener, the designer and com- mander of the Graf Zeppelin, emphasise the necessity for all airships to be filled with non- infammable helium gas; instead of hydrogen.

Later. Guarded by soldiers with fixed bayonets, the bodies of the R.101 were lying this morning in the Town Hall at Alloane," near the scene of the disaster.

Identification Difficulties.

The British Air Attache, Colonel Bone, and a doctor began the work The hope is expressed that the of identification, a long and diff- United States, which has a monocult task. The Air Ministry had poly of helium, and forbids its supplied a list of valuables and export except in very limited trinkets carried by the victims as quantities, will now raise the these are the sole means of the embargo.

identification. In some cases, the The British Government has in- remains are only identifiable by vited Dr. Eckener to London to the teeth. give expert evidence at the enquiry into the disaster. Reuter,

America's Monopoly.

Interesting Disclosure.

Beauvais, Oct. 6. Hitherto the bodies of only five

The examination of the bodies took longer even than expected and anly three out of twenty bodies had been identified when the remains New York, Oct. 6. were placed in coffins of polished Mr. Fred Britten, the chairman oak and taken to the Town Hall at of the naval affairs committee of Beauvais in motor-vans. the House of Representatives, has There were moving scenes when announced that he will sponsor reverential crowds led past the legislation to permit the exporta- coffins, both at Allonne and Beau tion of helium gas for the use of vais foreign Government aircraft,

The British Ambassador, Sir following the catastrophe which William Tyrrell, has left Paris for Invertook the British R.101.'"

.* Beauvais-Reuter. 'Government circles, in this con- nexion, drew attention to the pos- sibilities of the exhaustion of the United States supply of helium by exportation and to the issue of arming other nations with a mili-members of the crew of the R.101 tary facility at present absolutely have been positively identified. controlled by the United States. They include Corporal Potter, who was a member of the crew of the Renter's American Servica:

R.38 and escaped uninjured in Victims Lie in State. miraculous fashion when she was destroyed over the Humber in London, Oct. 6,

1921. He was one of the four sur- The Air Ministry officially an-vivors of that disaster. nounce that the total of fifty-four

It is understood that a total of aboard the R.101, namely 46 bodies forty-six bodies recovered has recovered, one death in hospital, been finally reached by counting and seven survivors, agrees, with the skulls. These remains and the list of persons aboard when the body of Mr. Radcliffe will be the airship left Cardington.

borne to the railway station on The bodies, escorted by a guard forty-seven gun-carriages. of honour, were removed this afternoon from Allonne to the tailed to convey the coffins from Two destroyers have been de- Town Hall at Beauvais, where they Boulogne to Dover, H. M. S. Tri-

bute and HMS. Tempset. British flags, one for each coffin Reuter. are being sent by air from Eng-

·land...

will lie in state.

"

A number of

General Burial

London, Oct. 6.

The salon at the Town Hall has been prepared as a Chapelle Ardente. The coffins are covered A letter is being sent to the with wreaths and flowers from the relatives of all the victims of the citizens of the town of Beauvais, R101 disaster, suggesting that in and a guard of honour formed by view of the impossibility of identi- ex-service men, and nurses watch fying the great majority of the the coffins day and night while bodies, all the victima be accorded the public file past the open door the honour of general burial, especially with a view to the erec- of the salon."

tion of a single memorini, Conveyance to England. Their resting-place will probab The bodies will be taken to the ly be Cardington, from whence Beauvale Cathedral at ten o'clock they took off on their last voyage. the reverse is the case, I feel to-morrow morning, and the Retuer lh Your Directors see no reason for and I feel certain that the adoption

convinced that the fault will not Bishop will conduct a Memorial:

American Sympathy. altering their opinion, and for this of the course proposed would prove

lie with the foreigners, who, as I Service. They will then be con-

Washington, Oct, 6. reason, among others, they are to be quite unworkable in prac.that a belt of high pressure extends "Personally, I see no reason why of regard for the people of Welhal- tion, and placed in a special train have said, have very warm feelings veyed on gun-carriages to the sta-

President Hoover has telegraph. opposed to any return of capital to tice, and I accordingly submit that from South-West China to North it should; and I hope and believe weifi and I am equally sure that for Calais,

ed condolences to His Majesty the shareholders at this juncture. In the wisest course for the share East Japan and a trough of rela- that the reputation of Weihaiweit will not lie with the local Chin- A regiment of the Spahis will King and to Mr. Ramsay Mac- the future the position, may alter holders will be to leave, this matter, tively low pressure from the China as a place where no friction exists ese population. If disharmony render full military honours and Donald, the Prime Minister, on the and such a course may recommend as heretofore, to the discretion of Sea to Guam.

between Chinese and foreigners ever makes its appearance here, it the troops of the garrisons of R.101 disaster-Reuters American Itself to your Directors as being in the Directors,

The forecast till noon to-morrow will be maintained and even will come from sources outside the Beauvais and Compiegne will line Services the best interests of the share- (Continued on Page 7)

is: East winds, moderate; fine. anhanced in the years to come limits of Weihaiwel

the streets.

(Continued on Page

Opposed to Return of Capital.

tion of shareholders had first to be obtained, must be avoided, for otherwise the opportunities in question would probably be missed,

FINE WEATHER.

The Royal Observatory states

If Friction Comes.