1933-07-24 — Page 5

Hongkong Telegraph 港電新報 士蔑新聞 All

SOLDIER-ANTIQUARIAN CHANG HSUEH-LIANG.

DIES IN LONDON

COL.SIR J. A. BRADNEY

London, July 22.

YOUNG MARSHAL GOES TO PARIS BY AIR

Paris, July 237 The death has occurred of Col.rived in Paris at 2.30 p.m. to-day Marahul. Chang Hsuch-liang ar- Sir Joseph. Alfred Bradney, G.B... by air, flying from Milan. T.D., F.S.A., D.L.-Our Own Cor respondent.?

THE HONGKONG TELEGRAPH. MONDAY, JULY 24, 1933..

MANCHUKUO TAX

REVISED CUSTOM DUTIES

NOW IN EFFECT

SILVER PACT SIGNED

SALES RESTRICTED FOR FOUR YEAR PERIOD

NEW ARCHBISHOP

silver to any Government for the purpose of transfor to the United States Government in-pay: ment of War debts, such silver will be excluded from the Agreement." It is provided, however, that when the total disposals above referred to, plus the sales above referred to by the Government of India under this Agreement, amount to 176,000,- hore of the Anglican Bishops of 000 fine ounces, the obligations of China, held under the Presidency the parties of the pact coase.

of Bishop F. L. Norris, was an-

DR. H. W. K. MOWLL TO GO TO SYDNEY

Peking, July 22. The result of the Conference

Dr.

Bata LAST

7 DAYS

of

SA

to

to-morrow. During his stay.. Inchukuo currency has been stipulat-ing in Senator Pittman's suite at purchase or otherwise arrange, for szechuen on, Monday to wind up

The Governments of Australia,nounced this evening, when Dr. H. Canada, United States, Mexico and W. K. Mowll, Bishop of Szechuen,"

and shall also in the aggregate, Agreement, shall not sell any silver Archbishopric of Sydney, Aub- Peru, during the existence of the said that he had accepted the

tralia.

Mowll is roturning withdrawing from the market 35,- 000,000 fine ounces of aliver from the affairs of his Diocese before the

mine production of each Proceeding to Sydney.

the shares in the said 35,000,000

He will probably leave Hongkong ning 1934. These undertake to settle. by agreement liner Nellore on August 4.—Reuter.

Governments

causo to be withdrawn. ounces which each must purchase or provided the maximum disposed of In any year is limited to 7,000,000 fine ounces.

Ratlleation Clause

Governments

It is anticipated that the Younglover Afty lines, the main objective the United States adhered to the calendar year for four years bogin-by the Eastern and Australlam

London-Reuter.

ed in the European War in France

concerned

from 1917 to 1918, and was Lieut.wife was Florence Prothero of kuo duty free include agricultural government not to sell more than drawn will be used for currency I will exchango all the Information

Col of the Labour Corps.

Malpas Court, Dionmouth..

Sir Joseph was a Governor and JUDGE E. H. CHAPMAN.

on the Council of the National Library of Wales and the National Muscum, and was

a member of

SANDALS $3.90

We recommend our „LADIES' SANDALS

10 Different Styles. $4.90–$6,90.

Changchun, July 22. duties, which were approved by the The revised Manchukuo Customs Stato Council, on Thursday last, The Young Marshal was met in were formally promulgated to-day, Paria, by a representative of the and will be effective from July 28. A man of many interests and Prime Minister, M, Daladier, and This is the first time since the

NEW USES PLANNED attainments. Col. Sir Joseph by Dr. Wellington Koo. (Alfred) Bradney, C.B., T.D..

establishment of Manchukuo that

London, July 22. F.S.A., D., has died at the age Officer, Chang will violt Vordun the first occasion on which Man-Agreemont was signed this morn

Accompanied by a French Staff the tariff has been revised, and filso

A Nine Power four year Silver of 74.

Deceased was a Captain of the France he will meet M. Daladiered as the standard payment for Claridges Hotel." Royal Monmouth Engineer and M. Pierre Cot, the Minister of dution. Militia from 1882-1892 and for the Air.

China, Spain, Bolivia, Canada following 20 years was Lieut.-Col.

Reductions have been effected in Mexico, Peru, Australia, India and Commanding the 2nd Battalion Marshal will leave for England on being Monmouth Regt. From 1912 to the last day of the month, and, development, in order to assist con- from January 1934, while the

to promoto industrial agreement, 1919 he was

The agreement in offcctive as Force Reserve, commanding 9th will probably leave for Germany, the burden of taxation now being governments must be deposited in

on the Territorial after a stay in London of ten days, structive entorpriacs and to lighten (Ranerves) Battalion

railfications by the Regiment

borne by the masses.

various (Queen Victoria's Rifles) during 1916-16, He serv

Washington not later than April 1, 1934.

China's Duty. The pact binds the Indian

The silver so purchased or with- The 140,000,000 fine ounces of silver over a four year period, with an purposes (coinage or currency necessary for the fulfilment of the 000 fino ounces. average annual quota of 35,000,-from sale for four years.

reserves) or otherwise retained Agreement. The undertakings of cach party are conditional upon If India sella less than 35,000,- not sell silver resulting from do- of every other party.

The Government of China will the fulfilment of the undertakings 000 fine ounces in any year, she monotisod coins for the period of will be entitled to make up the the Agreement. The Government ratification by

The Agreement is subject to condition that the sales in any more than 20,000,000 And once ratification difference in succeeding years on of Spain will not dispose of by sale concerned,

the Governments 50,000,000 fine ounces.

the instruments one year are not to exceed of ailver for the four years, the later than April 1, 1984, with the other governments which ratified off he remainder of these governments to be deposited no which have ratifiod notify the Spain agrees not to sell over to be based on an average of 6,000,- It will be enforced as soon as all or cause to be withdrawn in the disposals in each year of this period Government of the United States. that they are prepared to purchase. 5,000,000 find ounces annually. silver resulting from demonetised understood if in any year the Goy-provided they are recolved before laid down in the agreement for

China agrees not to sell any

000 fine ounces a year. But it is the ratifications are received, aggregate the amount of sliver vernment of Spain should not dis-April, next. Export Prohibition.

pose of 5,000,000 fine ounces, the If one or more of the govern

these five Governments. Australia, Bolivia,

difference between. the amount ments

The Government of the United Canada, actually disposed of and 6,000,000 United States, Moxico or Peru fail the steps necessary for the pur Mexico, Peru and the United ounces may be added as additional to ratify by April 1, the agree-pose of concluding the agreement. Australia, Canada, States has been requested to take States undertake not to sell any disposals

from their own mine production, silver and to purchase a total of

in subsequent years ment will come into force then if-Reuter. 35,000,000 fino ounces annually which respective treasuries.

they impound in thoir They will be allowed to use the silver either in coinage or in currency reserves. Dr. W. W. Yen, who signed the told the United Press that he was Agreement on behalf of China,

agreement, which China regards "very glad to have achieved this as a very important move towards a world improvement.

the Royal Commission on Anelent Monumento in Wales.

Lincolnshire Circuit County Court Judge.

London, July 22. The death is announced of His

Duty Free Goods. Goods now allowed Into Manchu- machinery, paraffin wax and wool.

cotton seed, fodder, Duties reduced from 7.5 per cent. to five per cent. Include mining machinery, paints, varnishes, polishes and electrical materials and fixtures. His interests lay mainly in Monmouth and he was a Justice Honour Edward Henry Chapman, cotton manufactures have not been

Dutles on cotton.

textiles and of the Peace, a county councillor County Court Judge on Lincoln-reduced because they constitute an and former chairman, and anshire Circuits Rince 1923. important source of national Alderman of the County. He Our Own Correspondent. was also a J.P. for Radnor,

Judge Chapman was born in One notable increase is on leaf In 1892 Sir Joseph contested 1874 and passing through Eton tobacco. The 16 per cent, ad valorem Radnorshire in the Conservative and Magdalen College, Oxford, duties on motor vehicles and rail- interest.

Ewus called to the Bar, Inner way and tramway supplies remain Among other appointments he Temple, In 1900.

unchanged.-Renter. was chairman of the Monmouth. His wife died five yers ago but, shire Territorial Army Associn-one son is left, at preent at his tion since 1919, Commander of

father's old college.

the Order of St. John of Jerus-ROYAL WELSH FUSILIER. lem, and Commissioner of the Order for the Went of Monmouth:,

The late Col. Bradney, also found time to publish a History of Monmouthshire, three, volumes| of Llandaf Records, Walter Powell's Diary, and a History of Powell's Grammar School.

Sir G. F. Forestier-Walker Dies In England. SUCCEEDED BY SON:

London, July 22. Sir George Ferdinand Forestier-

His first wife died in 1917 leav-Walker, of Castleton, Cardiff, who ing a son and two daughters, one served 20 years with the Royal of the former being killed in the Welsh Fusiliers, has died. Great War. Sir Joseph's second He was the third holder of the

venue.

re-

baronetey and a retired Major.

Walker of the Coldstream Guards He is succeeded by his son Capt. George Fordinand Forestier and is also survived by a daughter. His wife died in 1910.-Our Own Correspondent..

Deaths in Europe.

London, July 22. The deaths have occurred of known Egyptologist, and Henry Dr. Mary Brodrick; the well- Montagnier, mountaineer

of

Our Own Correspondent. repute, who died in Montreux.--

POWELL'S SUMMER SALE COMMENCED TO DAY

We enumerate a few of the many Bargains offered, there are... many more and you should not miss this great opportunity of replenishing your wardrobe at

EXTREMELY DESIRABLE PRICES. “GLYN'S"- -“STETSON" and-"BORSALINO"

FELT

AT

HATS

HALF PRICE

ARE THE MAIN ITEM OF THIS SALE The early arrival of the first of the new Autumn shipments warrants us clearing all surplus stock. This is being done at

HALF PRICE

Sun Helmets, Caps, Straw Hats.

SOCKS and

GOLF HOSE.

A large assortment is being offered in three groups.

GOLF HOSE $1.45. $2.95. $3.95. SOCKS

95 cents. $1.45. $1.75.į

20%

Discount will be allowed off REGU- LAR STOCK for Cash.

BATHING COSTUMES

in all Sizes from 30% to 46" chest measurement HALF PRICE The small sizes will fit boys from 10 years old and upwards,

KELTIC

Oddments

UNDERWEAR

AT.

·HALF PRICE

FOR

DAY

WEAR

F.

and

NECKWEAR.

A large assortment of Bow Ties are being offered at

$1.00 each. Usually $2.00 to $2.50. Long Ties from $1.75 TIES and HANDKERCHIEFS to match HALF PRICE.

SHIRTS PYJAMAS

Many oddments have been sorted out and drastically reduced. |Shirts from $2.95. Pyjamas from $5.75

WORTH DOUBLE FOOTWEAR

FOR

DAY

WEAR

RAINCOATS

5%

Discount

· off

REGULAR PRICES.

in Black and Brown. Loathors at 25% Discount.

ALL SIZES ALL FITTINGS:

INSPECTION INVITED

Wm. POWELL Ltd.

colange.

"China naturally wants stability of the price of silver," Dr. Yen continued. "We feal that this is an important step in that dirac- tion."United Press, Courtesy Gold Bar Co..

DETAILS OF PACT. Far East Circles In Full Approval. OFFSETTING SALES.

London, July 23..

It is learned that the Silver Agreement provides for the limi tation for four years of the Indian output to 35,000,000 fine ounces annually and Spain's to 5,000,000, and all other producing nations have-ngreed-to-buy-in-a-total-of 36,000,000 ounces from the mines' production in their territory. Thus the anles of Spain and India will be offset.""

The agreement is regarded In Far Easterni, circles as being most satisfactory, providing for the stabilisation of silver's position in China while not precluding India from carrying out her policy of solling her surplus on an appro- priate scale. de

Purpose of Plon.

The Silver Agreement has been, entered into by delegates to the World Economic Conference, In- día, China and Spain as the hold- ors of large stocks or users of silver, and by Australia, Canada, United States, Mexico, and Feru as the principal producers.

It

The Agreement refers to the re- solution unanimously passed by the meeting of sub-Commissión Number Two of tho Monetary Commission on July 20, with re- Hard to such an agreement, saya that whereas the Govern ments of India and Spain may de- sire to sell certain portions of their alvor holdings, it would be to their advantage that the coun trics which are large producers of silver should absorb silver to off- set such sales; and whereas it would be to the advantage of the largo producing countries that the anle of silver from monetary: stocks should be limited" and it' would be to the advantage of China that the sales from mond- tary stocks should be offact by purchases, with a view to its effec- tive stabilisation.”.

"

It was thereford agreed that the Government of India should not dispose of by dale more than 110,000,000 dile ounces of allver in four yours commencing January 1, 1934. Disposals during oach calender year, of the Bald four year term are to be based on the average of 85,000,000 fine ounces year, but it is understood that if in [any year the Government of India. should not dispose of £5,000,000. fino ounces, the difference between, the amount actually disposed of and. the 35,000,000 bunsés may be added as additional disposals in subs soquantoti years, otirovided the!! maximum; amount” diposed of th {RTY-YORK,Was limited to: 60,000,000

Pre-War

PRICES!

of

Take your Morning

Coffee and Afternoon Tea

At

EXCHANGE RESTAURANT

Where prices have reverted

to the Pre-War level for

Coffee, Tea and Cakes.

LANE, CRAWFORD, LTD.

BERNARDS OF HARWICH.

Road

avonport:

WHAT OUR

NEW TAILORING

MEANS TO

THE MAN IN THE EAST.

No longer need a man reflect longingly back to London, and the necessity, to be there in order that he may be tailored with that perfection so essentially "London."

We offer in Hong Kong to-day, the facilities which enable you to be expertly measured and advised here: for your suits to be tailored at our London Work rooms, and delivered here at your convenience. Admittedly this is an innovation,-proof, however, of this new tailoring is shown by the whole-hearted enthusiasm of this now phrase of Men's tailoring.

For you it means that through this service you are put in touch with the over increasing Improvements in all those materials which are necessary in well-tailored sult.

We hold a range of patterns in saxonies, worsteds tweeds and serges which are comprehensive of the bost,productions from the foremost manufacturers of Great Britain, from the homespuns Scotch cottage to the mills of Yorkshire.

We shall be happy to receive

these patterns to you

the

adfor

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