1932-05-12 — Page 1

Bathroom

Fittings

in. the

Modern

Stylon.

Estimates and Suggestions Froe,

C. E. WARREN & CO., LTD.

China Building.

Tel. 20269.

Dollar On Demand: -1}{48heoph? T.T. on New TURKISSE 7.

for Tighting Up Time: masapanosi, Lid,

1 High Weteran12354rect, Hongkong."

The S

T

EDITION

Library, Supreme Cour

Hongkong Telegraph.

PER ANNUM

FOUNDED 108:

NO. 13,702

P*d «C+A£★## THURSDAY, MAY 12, 1932.

HEME

EMILY POPY 10 CENTS

Csoïtruction

For

Overseas

Motorlag

Conditions:

FORT MOTON CYCLE TYRES "South China Morning Post Bldg.” Tel. 24554,

JAPAN'S ADVENTURES ON CHINA MAINLAND

Syd Chaplin asked if this was municipal. No prize is affered for the correct answer.

BROKERS ALLEY FUROPE

GOVT'S STAMP

PROPOSALS

SLAUGHTER OF INNOCENTS

FIERCE WAR RAGING IN MANCHURIA

REINFORCEMENTS BEING RUSHED TO HARBIN

SHANGHAI WITHDRAWAL

THE

HE FINAL LIQUIDATION of the Shanghai im- broglio appears assured by Japan's decision to with- draw all military forces within a month, though there is some suggestion that the gesture has been partially dictated by the urgent need for their employment in Japan's Manchuria adventures.

Battles are raging at several places within a radius of a hundred miles from Harbin, and losses have been heavy, the insurgent forces determinedly resisting at every point. Large reinforcements are arriving in Harbin.

DRAMATIC TOKYO HEAVY FIGHTING

DECISION

THE REACTION IN SHANGHAI

The

(Telegraph Special.)

#11

NEAR HARBIN

MORE JAPANESE RESERVES

Hurbia. May 11 Widely advertised as the biggest drive by Japanese forces in Mau- churia aince the capture of Chin-

Reminiscent of the 1929 water famine, our photograph taken in Hongkong yesterday shows a remarkable' scene at one of the many water-fountains as a result of the now restrictions. (Photo Ming Yuan),

Geneva's Pet Schemes

BRITAIN ON NEED FOR ECONOMY

-

IRELAND, THE OATH AND EMPIRE PREFERENCE

MR. J. H. THOMAS'S AIR OF BRITAIN'S MORAL SUPERIORITY

BALANCE

OF TRADE

SOME STRIKING FIGURES

BRITAIN TURNS

CORNER

London, May 11.. Substantial reductions in the value of Imports, accompanied by of marked increase in that exports; is shown in the April Overacas Trade returns.

П

The value of imports in April totalled £53,227,000 compared with £61,119,000 in the preceding month (reduction, £7,982,000) and £69,- 950,000 in March, 1931 (reduction, £10,723,000).

Experts in April were valued at £34,782,000. In the previous month the total was £31,198,000 (reduction, £3,580,000) and in April of yast year £32,483,000.

The excess of imports over experts in April was £13,804,000. ¿LaBl month tho CXC08# was £24,499,000 and in April of Inst

there

of year £30,878,000.

Was 2311

excoas

COST OF LIVING. As measured at the Board of Trade, the average of wholosule

April prices in

showed 4}}} balance a decline.of. 2.2 per cent. as compared with March. The index numbers for the two months wore 85.7 and 87.6 respectively. These are based on an index

COULDN'T POSSIBLY NEGOTIATE figure for 1930 equalling 100:

London, May 11.

Shanghai. May 12.

Geneva, May 11. dramatic announcement chow in December Inst, the three That the League of Nations When the combined Stock and from Tokyo that Japanese divisions operating under Lieut. must economise like its consti- with-General Hirose, in an attempt to tuent members is the burden of a

The Government's attitude Sharebrokers' Associations meet military forces are to be

suppress the insurgents in Kirin British memorandum drawing al-

towards the Irish Free State this afternoon to discuss the drawn from Shanghai kithin

to the progressive in-

Oath Bill was further defined the sole and Heilungkiang, are meeting tention Almost Government's letter intimaling month forms

with Berce resistance and though ́erensES in expenditure by the

in the House of Commons proposed new taxation on share topic of discussion to-day. Ein such strength appear to have League organs.

to-day by the Dominions The memorandum suggests that contracts, they will be

Japanese residents show signs over-estimated their powers.

In any event, Japanese reinfor-these increases are probably duel Secretary, Mr. J. H. Thomas. exercised in mind A*tu"

at alarm, while the derision is) meaning of the letter, than any-welcomed in foreign circles, evenement continue to arrive in large to "an extension of the League's thing else, said & prominent where the suspicion is entertain bers at Harbin and are moving activity to matters which though He was asked whether it was the to the support of harassed detach-of interest and importance are Government's intention to enter: sharebroker this morning.

into negotiations with the Free Ice House Street cannot under that the withdrawal may havements in the surrounding country not of immediate necessity" stand the letter, he said, for there bren

morej

the

The dictated by

strong

is defnitely no evasion of taxn-pressure on Japan's military re tion by brokers.

· sources elsewhere;

The Memorandum asks for an State Government: HEAVY CASUALTIES.

immediate Investigation, and a with regard to the Fighting is still going on on an report te be submitted at the next application to the Free State extensive scale to the north and meeting of the Assembly-Renter, Irish

jof the Import "The Government is obviously

JAPANESE ALARMED.

east of Tarbin.

NO SPECIFIC ECONOMIES Duties Act after curious regarding the deerense in:

Between Hailin and Mutanklang. stamp revenue for this year, but;

15th November. that The Chon Press declures

London, May 11. between the the cause is easily explained.

Tokga's decision is viewed with fierce fighting

dupanese and a rebel army is pro- In the House of Commons, Sir

Replying Mr. "Last year

alarm by all Japanese feeding, in which the casualties on John Simon said the British Thomas said: tremely successful time, contrnetsiaidents and a protest by Japan both sides have been heavy. They Government had made each month amounting to $30,000|se business men is likely to be include two Rossians who were posals for specified reductions infeantained in the or more, which, of course, meant addressed to the Government, wounded in the conflict. big income in stamp revenue.

We had N ex-1

DEAD MARKET.

gront

The North China Daily News," however, says that without fur! "Now the market is dead. Halfther information, it is impossible the brokers here have nothing to to appreciate the reasons for the du, and at the moment are pro-Japanese aetion. bably not signing up more than! $200 worth of contracts a month.!

been last year.

COLOSSAL BLUNDER.

cludes: "To blunder is to endeavour to

TRAIN ENGAGED.

The driver and fireman of Japanese armoured train operating to the north of Harbin, where the Japanese were engaging a large force of Chinese near the Bu-lla

The result is that stamp revenuel The journal refers to a Japan-Hailway, were wounded. It is also derived from this source has de-ese writer's description of the reported that the Japanese captur erensed, and. for the first three Shanghai Adventure as a blundered two hundred and fifty prisoners

It is months of this year, has probably of the first magnitude and con-and two field-guns, stated

only one-sixth of that

human; that the Chinese suffered terrible thousand retrieve that casualties, including a "I am afraid the remarkable blunder is a mark of a rare sense billed. The Jaganovo lisses, ber amount of busineas done last of duty and self-respect. In that lieved to be considerable, have not year, which brought in a such hand-light, it is preferable, Qu the been disclosed,

has spoilt the Government, which has overlooked |

SOME

revenue.

basis of the limited information

the natural reaction from trade de-yet available, to regard this as an

presalon, and is at expecting

similar income

business,

important gesture," ----Reutter.

A

from decreased

THE TRUCE

STRONG RESISTANCE.

"It is not true to say that

the

Government has failed to collect SECRET CLAUSE AGAIN stamp duty upon each share trau- saction. The Government gets its: duly either way.

DENIED

Snunghai, May 12.

"The Government-cannot expeel | Answering eriticisma by public to tax transactions between brokers, organizations in Shanghai and else We should strongly resist such un where concerning the signing of effort. All contracts made between the truce agreement with Japan, clients must be stamped before the Mr. Lo Wen-kan, the Foreign Mini- transaction is an accomplished fact, sier, yester.ley again declared that but to suggest that brokers who there was nothing" secret; in the put through the dents between the agreement. clients ahould also be liable

taxation in impossible.

REVENUE SUFFERING. ·

to

BANDIT DARING, Meanwhile, bandits are growing than ever and far more active more during. Four villages with in nine miles of Harbin are burn- ing after being raided and looted by bandita.-Reuter.

REPRESENTATION~ AT LOYANG.

QUESTIONS IN THE COMMONS

London, Muy 11.

no pro-

after March 1 last.

This levy is estimated to yield £650,000 per annum.

CHANCELLOR'S FORECAST.

On the Stock exchange to-day," the gilt-edged market was very The Income tax is to be raised active and quotations for British from 3/6 the £ to 5/- and there Government

is to be a tax of threehalfpence stantially higher. a copy on certain imported newa- papers-Renter's Special Service.

were sub-

stocka

touched Funding Loan just 99% but later fell back to 19.

Six of the principal British Government securities showed an

а

INSTIGATION TO appreciation of over $13,000,000,

REBELLION

BRITAIN AND SOVIET UNDERTAKING:

London, May 11.

The Foreign Secretary, Sir John Simon, in the Ilouse of Commons to-day said that the article in the Interna- organ of the Communist

with the tonal, advocating armed ineurree- the tion in India, had been considered

"The provisions!

the expenditure of the League of Bill to abolish the Nations at the Council Meeting of allegiance oath fon Monday but had proposed that are in direct conflict

a small expert Committee should obligations undertaken by he appointed to examine the whole Irish Free State under the Treaty question of Lengue expenditure, of 1921. with the help of the Supervisory Committee-British Wireless.

DERBY RUNNER SENSATION

MIRACLE'S FINE DISPLAY

BREAKER OF CONTRACTS. "It appears to His Majesty's Govenment that if the Bill becomes

*w it would be unreasonable o expoet that they should enter into agree- negotiations for further Iments with a Government which had thus repudiated an agreement already entered into."

Mr.

in connexion with the Soviet's un- dertaking relative to propaganda.

The British Government were of the opinion that the Soviet Govern- ment and the Communist Inter- national could not be dissociated in these matters. He proposed upeak ing to the Soviet representative on the subject.-British Wireless,

QUID PRO QUO DEMANDED

the market having received Allip from the Chancellor's fore- cast of possiblo further economies Government expenditure- British Wireless.

in

VETO ON TARIFF PROPOSALS

HOOVER JUSTIFIES

PREDICTIONS

CONGRESS POWER

Washington, May 11, As predicted, President Hoover has vetoed the Democratic tariff bill, which provided for the restoration to Congress of all power to alter import duties.

The Bill also requested Prest- dent Hoover to initiate a mové- ment for an international economy the conference with a view to loworing of excessive tariff rates, eliminating discrimination, unfair trade practices and other trade barriers, and to prevent retalla London, May 11.

tary measures between nations Major Colville, the Secretary to and economic wars.

PREFERENCE

The Opposition Leader, Lansbury said that is the Bill had nol yet been to the Free. State (Reuter's Special Service).

Senate,he doubtedl whether it INDIA'S TEA would be of advantage of discuss London, May 11. The Derby situation has been the question, but when the matter made for more complexing for was settled he would ask for a de- backera by the ensy victory of Lord inte. Mr. Baldwin promised to New-sive favourable consideration to Rosebery's Miracle in the

such a request.--British Wireless, market Stakes to-day.

The result was as follows: Mirncle

Rolling Rock Bulandakar

1 10/1

2 7/1 3 0/4

Miracle bont Rolling. Rock by four lengths, with Bulandshar an- other three-quarters of a length away. Miracle thus entirely re-

The Government, he said. hnd de- No need has arisen for British versed the form of the Guinens and at Lain now being seriously considered as elded to print the full text of the diplomatic representation ngreement in photographic form yang, the temporary headquarters Derby contender.

with a view to dispelling susplei-of the Chinese Nationalist Govern- "The existing state of alfairs ous.

ment, stated Sir John Simon, in re-

is dão entirely to the depressed

Interviewed in Nanking. Mr. ply to a question by Mr. A. C. More inte of the market. Business is Wang Ching-wel, the President of ing, one of the members for Pres- dead, no contracts are being made, Executive Yunn stated that the ton, in the House of Commons to- and consequently stamp revenub is Government intends creating a now day. suffering. Our own depression in department which will devote lis Sir John pointed out that the Ico House Street' is the result of attention to recommendations and Chinese Government had the Shanghai and Manchurla trou-suggestions from the provinces been

ble.

trannferred entirely

nover to

and from public bodies when criti- Lovang. Several of its important

DUBLIN & EMPIRE PREFERENCE

PROVISIONS OF NEW TEA TAX

Dublin, May 11.

1

IRELAND'S BUDGET Income Tax Raised By One And Six

LEVY ON SWEEPS.

The Bill provided that any the Overacas Trade Department, replying to a question as to whe-agreement, treaty or arrangement ther, in view of the recent pre-ontered into na a result of such ference given to Indian tea, any conference, and having the effect steps were being taken to obtain of changing any American tariffs, from India a corresponding pre-must firat be approved by Con ference for Lancashire cotton gress,

The President was empowered goods, said the question of the various treatment of United King-to negotiate for reciprocal trade dom goods on importation Into agreements under a policy of India would be discussed at mutual tariff concessions. the Ottawa Conference-British

Dublin, May 11. The question of the Oath of Wireless. Allegiance was entirely forgotten In the Free State Parliament to-i

The Hongkong dollar rose 1/8th day when the Budget was pre-

in silver pricos. The local market sented by the de Valera Govern- this morning, reflecting an advance

mont.

The Bill passed both the House of Representatives and the Son- ato before the Presidential veto, was invoked.-Reuter.

+

· LEAVING NURSING HOME NEXT WEEK

The Budget contained a series la quite firm, although very little THE PRIME MINISTER of striking proposals, including business la passing.

Silver rose in London 1/16th jan enlargement of the scope of Ithe entertainments tax, which is spot: and 1/8th forward, the rise ¡now extended to include dances, being chiefly due to Indian buying. horse and greyhound races. There were small offerings. After the official fixing, the market ruled quietly steady with Autories In The most sensational proposal clined to buy,

£850,000 ANNUALLY.

"We feel that it is a matter claing Government policies, includ- members, including Mr. Lo Wen- A new tax on tea has been im- which will automatically adjust iting foreign affairs. All such ro-kan, the Foreign Minister, through posed by the de Valera Government, self. We are not quite certain commendations will be given the whom contact with the Chinese the full rate being sixpence a pound, what the Government manne by its fullcat consideration, as the Govern- Government was maintained, con- with an effective Empire profercn- is, perhaps, the levy of twenty. In New Yor letter, but it will be discussed this ment has no intention of Ignoring tinued to reside at Nanking-Rou- tial rate of fourpanca per pound-five per cent of the hospitals' quarter to afternoon."

popular sentiment-Rensha.

ter.

Router.

share of Irish" sweepstakes drawn abandy

London, May 11 The Prime Ministèr, who con famam, to, malon good, progress," will

K/545 the Nursing Hom

the end of next week.