THE HONGKONG TELEGRAPH. TRIDAY, JUNE 9, 1933.
THAT LOAN BRITISH PLEDGES IN U.S. GOLF
TO CHINA
SECURED ON TAX INCOME
"MUTUAL BENEFIT"`
The loan granted to China by the Finance Reconstruction Cor- poration is secured by Chinese consolidated taxes, including the tax on cigarettes, cotton yarn and matches, according to Mr. J. H. Jones, the President of the Cor- poration.
In the agreement signed by Mr. T. V. Soong, China' undertakes to set aside these taxcs to meet tho payments on the loan, which amounts to G$50,000,000 and is to be spent on American agricul- tural produce.
The taxes which will be used to repay the loan produced a revenue of more than G.$22,000,000 in 1932. The loan funds will be placed at the disposal of China immedi- ately and Chinese agents will do all the buying from the American firma. The goods will be removed from warehouses and shipped at such times as China wishes.
When the goods are removed from the warehouses ten per cent. "of the agreed' purchase price will be paid from the loan to the sel- lers. Within ninety days there after, a further fifteen per cent. will be paid.
EUROPE
NOT EXTENDED BY FOUR
POWER PACT
LONDON, JUNE 8.
RECORD
AMAZING ROUND
BY ARMOUR-
FOUR UNDER PAR IN OPEN TITLE
Now York, June 8.
RADIO BROADCAST
RELAY FROM DAVENTRY TO-NIGHT
From Z. B. W., on wave length of 165 motres (84.5_k/c.).
4.30-7 p.m. Chinese recorded-pro-- gramme..
7-10.30 p.m. European programime, ། p.m. Closing Local Stock Quota-
7.3-7.22 p.m.
Wand of Youth Suite No. 1
BRITAIN'S ADHERENCE TO THE FOUR- The American Open Golf Cham- POWER PACT DOES NOT IMPLY ANY EXTEN-plonship opened to-day at Glenlons, etc. SION OF BRITAIN'S OBLIGATIONS IN EUR-ville, Illinois, and Tommy Armour gained a big lead over the rest of OPEAN AFFAIRS.
the field with n record-breaking card of 68 over the first round of eighteen holes.
This is made clear in a despatch from the Foreign Secretary, Sir John Simon, to the British Ambassador Armour played wonderful golf. in Rome, authorising the initialling of the Pact and commenting upon the aim and purpose of the agree-holes, playing par golf on all the ment of understanding and cooperation.
The text of the despatch. to- and the spirit of the League gether with the text of the Four- Covenant and with much respect Power Pact, is included in a for the rights of other Powers." White Paper released for publien- tion to-night.
The despatch underlines the point made by Bignor Mussolint yesterday that the Fact is not an attempt of the four Powers to impose their will on other States quadrilateral or to establish a European Direc- tory.
B in
He had birdies at the second,
fourth, fifth, twelfth and sovanth
other holes. He did not have n
single bad hole during the com-
picto round.
His figures were:
Out:
45
4 4 4 3 3.4 5·8 4 4 4 4 3 4 5 3 8 4 These may be compared with the
for the course
Out: 4 5 3 4.4 463 4 In: 4 4 5 3 4 5 3 4 4 The next beat figure for the day WAS 78. Six players returned cards of this total, Walter Hagen, Nell White, Revolta, Ciuci and Craig Wood.
Referring to article 2 of the
In: agreement which makes special' mention of articles 10, 16 and 19, of the League Covenant, Sir John par figures Simon pointed out that the agree-follows:
contemplating ment, while
examination respect of the methods of proec- dure is expressly stated to be "without prejudice to tho It was never the intention to decisions which can only be taken attempt to establish a species of by the regular organs of the hegemony in European affairs. League of Nations.-British Wire-
less and Reuter,
LEAGUE PARAMOUNT,
The remainder of the purchase The despatch states: "Through- price will be payable over a period out the negotiations, we have
of three years and deferred pay-made it clear that the proposed ments will draw interest at five per cent.
The expiration of the loan will be three years from the first pur- chase.
Mutually Beneficial. Mr. Jones said he understood that four-fifths of the loan would be used to purchase cotton and the remainder will be used for flour and wheat. This will per mit the purchase of approximately 900,000 bales of cotton and 12.- 000,000 bushels of wheat, he said.
Oficials of the Reconstruction Corporation said that the China purchases would prove the great- eat nfd in reducing the cotton surplus that had appeared in the inst two years.
"We feel certain that It will also stimulate all business and help to restore international prices of commodities. We are entirely Batisfied with the arrangement and feel that it will benefit both coun- tries," Mr. Jones said.
MR. H. P. BAILEY
AGAIN REMANDED
SOLICITOR MAKES
A PROTEST Another remand, until Tuesday morning, was ordered by Mr. Schofield, at the Central Magis- tracy this morning, in the case in which Mr. II. P. Bailey, of the General Electric Company, is charged with dangerous driving, falling to stop and failing to report an accident.
Mr. D. B. Evans appeared for the defendant, while Mr. C. D'Almada watched the interests of Mrs. Landau, the victim of the accident.
Inspector Alexander asked for a week's remand.
agreement should. in no senso, be regarded as a substitute for. or ns де in opposition to the Covenant of the Lengue.
"It is not a piece of rival or competing machinery, but ін framed for the purpose of operat- ing within the ambit of the Covenant and in fulfilment of ita object and of the principles for which the League stands. The methods and procedures which may fall to be studied or adopted
under the agreement are strictly In accordance with the spirit of the Covenant."
EQUAL RIGHTS.
SUMMONS SERVICE OBJECTION
REV. N. EVANS AND
CAR OFFENCE
Objection to the service of traffic summons was made by the Rev. N. Evans before Mr. Schofield, at the Central Magistracy this
morning.
Gene Sarazen, Gustafson, Mayo, Creavy, Laffoom, Kirkwood and Willcox had cards of 74.-Renter,
OTHER SCORES. Moro than a dozen competitors returned a card of 76, strokes behind Tommy Armour.
seven
They included Johnny Farrell, Goodman, Cruikshank, Olin Dutra, Horton Smith and Runyan.
F. II. Perkins, the former British amateur open champion, Moreland and Abe Espinosa hlt seventy-sixen.
MacDonald Smith took 77. Leo Diegel and Cooper 78, Billy Burke 70, George Von Elm 80.
(Elgur, Op. 1a). London Symphony Orchestra con- ducted by Sir Edward Elgar, 0470/9472. 7.22-8_p.m. Variety. Song Moon Song.
Song-Pickaninnies' Heaven. Orchestral-With a Song in my
Heart.
Kato Smith. 0407.
Orchestral-Body and Soul.
Jack Hylton and His Orchestra. 80027. Song I've got the World on a
String Song-Linger a Little Longer in
the Twilight.
Bing Crosby. 6401. Orchestral-Minuet from "Beau
Brummel." London Symphony Orchestra, 9472. Vocal GemsWhoopee.". Vocal Goms-"The Now Moon."
Victor Light Opera Co. 35989. A pm. Local Time and Weather Report
8.3-8.55 p.m.
A relay of the Melodian's Trio from Lane Crawford's Restaurant by courtesy of the Management. (Dur- ing the intervals recorded music will be broadenst from the Studio).
Programme.
1. Gavette (Grigori (III).
2. Song-Wainta
3.
Frances Alda (Soprano). 1930.
Blue Danube (Strauss). 4. Songs (a) When Irish Eyes aro Smiling (Olcott- Graff-Ball);
(b) Wearing of
tho Greon,
John McCormack (Tenor). 788. 5. Thais (Massenet).
6. Song- Maori Slumber Song
(To Rangi Pal).
Frances Alda (Soprano). 1330, 7. Gigsy Rondo (Haydn).
8. Song- Wake up Smiling, Morton Downey (Tenor). M-12627.
11.
12.
D. Tender Thoughts (Elliot). 10. Song My Little Nest of
Heavenly Blue (Spaeth-Lebar). Marie Jeritza (Soprano). 1234.
The Message (Romaulrez). Song Just so. You'll
Remember.
LIBEL ON GREAT BRITAIN
A stiff wind troubled the play- ere, who also were worried by a Rev. Evans said that the aum-broiling sun. It was ninety de- mons was signed by a Magistrate grees in the shade! three days ago,
but he only
Only Armour Reemed to anjoy. received it very late last night the attuation.-Reuter. Sir John Simon also emphasises | His work had to be arranged, and that the proposed agreement was if he could have had one day's never intended to Involve any notice, it would have been a attempt on the part of Four matter of convenience to him. Powers, if not to impose their will on other States, at least to establish themselves as a kind of directory in Europe. Such a con- ception would be entirely foreign | he could not attend court, in to the principles of the Covenant which case a week's adjournment which recognises the equal rights would have been granted. There of all States, just as in appro- were over 400 summons to be priate cases It requires their aurved in a week and, the four the invasion of Dalai Lama's army unanimity.
court constables were busy.
Morton Downey (Tenor). M-12027.
(Knomfort). Violinist, P. R. Antonio; 'Cellist,
13. La Bella Valenciana
Mr. Schofield said that defend- ant could have tolephoned the trame department and explained TIBET INDEPENDENCE | V. Q. Aristorenas; Planist,, M. O.
extremely
MOVEMENT
Carluon.
8.55-10 p.m. Classical Programme. Orchestral Tocoata and Fugue
(Bach).
Philadelphia Symphony Orchestra directed by Leopold Stokowski. Song A Wanderer's Song
(Schumann),
6761.
Peking. June 5. The independence of Tibet and
"I have been at pains to explain
into Tsinghui and Skong Pro- the attitude of His Majesty's
vinces under the support of "a Government in this matter to the
re- The summona against the Rev. certain foreign power" are representatives of the
other Evans was for driving his car, in ported by Chinese circles here to-Song-By the Sea (Schubert).
Friedrich Schorr (Baritone). 7473. Powera and particularly to those May Road, which was closed
day. Tibetan troops have clash- Plano Solo-Moonlight Sonata of Belgium and Poland and the motor traffle without a permit on Gen. Ma Pu-fang already near the ed with the Chinese troops under
(Beethoven, Op.-17, No.-2);- Little Entente. By the form May 21.
Harold Bauer. 6814/6816. which the proposed agreement has
Tsinghai border north of Sikong, Song--Werther-Chant d'Ossian finally assumed, I am confident
it is reported.
(Massonat), that any such erroneous impres-
Song-Lakme Fantaisie aux divine ston will be completely eradicated.
mensonges (Delibes).
Tito Schipa (Tenor). 1187. Symphony No. 6 in F Major
"INTERESTED PARTIES.
"In this connexion, I may refer in particular to the last para graph of the preamble to the which agreement,
specifically states that the Four Powers in conference are mindful of the rights of every State which cannot be affected without the consent of the interested party.
"There can, therefore, be no possible doubt that the object of
to
Sergeant Clark anid that he was in May Road and saw the other car
It is said that Indian-trained coming in the opposite direction. military officers are commanding There was nearly a collision. He the invading army, which consists asked Rev. Evans whether he had of three units. The first of these a permit, and was shown one.
is marching from Tungpu, north- which had not been renewed. ern Sikong, to Chinghuashin; the
Inspector Alexander said that since then the permit had been renewed.
A fine of $5 was imposed.
PARKING OFFENCES.
(Pastoral) (Beethoven, Op. 68). Played by the Boston Symphony Orchestra under the direction of Sorge Koussovitzky,
M-50. 1st MovementAllegro, ma поп troppo.
molto
2nd Movement-Andante. mosso,
3rd Movement-Allegro. 4th Movement-Allegretto. (This Suite is kindly loaned by Messra, S. Moutrio & Co.).
10-10.30 p.m.
second is advancing from Lung
third woika to Chiku; and the unit is on its way from Chongtu, known also as Chamdo, to Yushu. is now The Central Government
near despatching troops from Haining, Kanchow and Nibghala Mr. L. E. Morgan was summon to Tsinghai Province, it is said. ed by Sergeant Clark for having Some local papers report to-day Mr. Evans.-I am formally ep the agreement is to ensure that between the General Post Office campaign is supported by Japan B. B. C. Danco Orchestra directed by
parked his ear in the alleyway that the Tibetan independence and the Radio Office on May 21. and Great Britain. They suggest
Henry Mr. Morgan said he was un-the immediate dispatch of a large-day Press News, aware that the alleyway was not Chineno army to Tainghai to savo intended to be a parking place. that province from becoming the.
зесопа “Manchukuo,” Local papers decry the action of Dalal Lama.
Chinese military authorities here received a wireless to-day
posing that. We have already had
over many years to come France,
Germany, Italy and ourselves may agree in Europe upon the same policy of peace.
GENERAL APPROVAL.
two remands, and I understand that the lady is out of danger. ask that a date be fixed for hear ing.
Inspector Alexander.-The D. I. G. Mr. T. H. King is in com- "That is an object which must munication authorities inquiring whether the be generally approved and it is lady will be able to attend court. entirely consistent with the alm It is not certain, however, that she will be able to nitend court for some time.
with the medical
የሰሀ
A fine of 35 was imposed. Mr. C. G. Seleluna
also fined $5 for having parked his car, in the same place on May 21.
DAY BY DAY NEWS IN BRIEF PURITY IS THE FEMININE, TRUTH M. Alphand, the newly-appointed
MASCULINE, OF HONOUR French ambassador to the U.S.S.R.:
has arrived in Moscow.
Mr. Schofield.-Is hor presence in court absolutely indispensable?
Inspector Alexander. I am not THE quite sure. But I am instructed Rare. to ask for a remand,
the
A Chinese who walked into watchman's hut on the Hol On Wharf and lifted a pair of trousers from off a nail was sent to prison for ono month by Mfr. Wynne-Jones in Court this morning.
The .. "Somali" loft Singapore Mr. Evans. I suggest that the case start without the immediato yesterday and is due here on the 12th attendance of the lady. If, in instant at about 7 am. fact, she, is out of danger, the police should be able to get a
A Chinese, when charged with a minor offence in Court this morning, cortificate to enable them to blinked Incessantly, and complained proceed with the case.
his eyes were sore. "You are trying Mr. Schofield will grant to persuade me you are crying, re light pienic last evening which was another formal remand for Tues-marked Mr. Wynne-Jones and imposed attended by more than ninety mem: day morning to consider then a fine of $1 or four days. whether another remand will be necessary or a date for hearing bo fixed.
Korn
The YM.CA. held it first moon-
bern and their lady friends. The party left for Big Wave Bay shortly after 8.80 p.m. returning to Kowloon Hoon after
mid-night.
A relay from Daventry of the
Hall.
10.30
p.m. (approx:). Rugby Mid-
10.35 p.m. (approx:). Close Down. All records In the above European programmes, exept where otherwiso stated, are kindly supplied by Messrs. Tsang Fook Plano Co.
from Gen. Ma Pu-fang requesting MR. SOONG BUSY IN the early despatch of reinforce. ments and arnis,
EMPLOYEE ABUSES
PRIVILEGE
BED-SHEETS STOLEN FROM LAUNDRY
LONDON
ON EVE OF PARLEY
London, June 7,
It in learned that Mr. T. V. Soong does not intend to make any public statement on the Far Eastern or economic questions at the pre- Bent time,
Rheumatic
Complaints
His next outstanding engage-. ment is the dinner which is to be How an employee of the Storm given in his honour in the Hound Laundry Company abused pri- of Commons on Tuesday by the vileges was related at the Kowloon China Committco.—Reuter. Magistracy before Mr. Butters this morning when Man Shau was As the an. Hydrangea was under
charged with larceny of six bod- why yesterday four Chinese passen
ahcots. threw themselves overboatd. They were picked up by craft in the Mrs. A. Landau, who was serious Hirst, manager of the Company, It was revealed by Mr. W. W. vicinity and handed over to the ly injured in a collision between n Police. The men are believed to be motor car and her risksho, in Wanchai that the employees of the Laundry. Chinese nrmy recruits who changed on May 25, and was unconscious for were allowed to take their wash- their Intentions at the Inst moment. n considerable time, has progressed ing in to be cleaned free of charge sufficiently in hospital to be consider evory Thursday. Yesterday after- Three hawkers, man and two ed out of danger, but will have to
noon when the employees were women, were engaged in a fight at¦remain in hospital for the present. the Chul On Wharf yesterday, when
taking their things away, dofon- Police Intervened and stopped the The funeral of Leading-Cook F. N. dant was soon to be carrying some
appeared hoforo
Bunt, of H.M.9. Caradoc, who died bed-sheets addition to his own Mr. Wynne-Jones In Court this morre suddenly of harden yhterday washing. Inquiries were mado Sir Thomas Southern, the Colonial ing, when it was stated that the man morning, took place at Happy Valley and the bed-sheets were found to Secretary, Mr. D. W. Tratman, owed one of the womop some money, this morning. The funeral was belong to customora,A C.M.G. will be Acting Colonial First and second defendants were under Llout. G. E. Jones. Naval
and yesterday was "settlement" day, attended by over a hundred men Dofondant pleaded guilty and. Secretary, while Mr. R.A.C. North tound over, the other being is vessels in the Harbour flew their. was sentenced to three months' will not as Principal Assistant. charged.
flags at half-minat,
·ACTING · COLONIAL SECRETARY
•
MR. D. "W. TRATMAN -
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