1933-09-22 — Page 5

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REPAIR SERVICE,

WORLD CRISIS

A WAY OUT

By FREDERICK COPE, A.M.I.E.E,

Mr. Cope's striking articles on the world economic crisis which were recently published in the Hongkong Telegraph are now available in pamphlet form.

One of the features, repaying study, is the close similarity between the plan of reform suggested by this local writer, and certain aspects of the Roosevelt recovery programme. The author's ideas are naturally far too advanced for active promotion at the present time, but they are particularly interesting in view of the fact that President Roosevelt, in striking out on a path of his own; has travelled in the same direction.

The pamphlet is one of forty-four pages and can be obtained from the South China Morning Post at a cost of-

FIFTY CENTS

South China Morning Post, Ltd."

THE HONGKONG TELEGRAPH. FRIDAY, SEPTEMBER 22, 1933.

NATIONAL MEETING.

ANNUAL REPORT OF THE H.K. ST. ANDREW'S SOCIETY

f

PEKING ALARM

REBEL TROOPS IN, HUAIJU CITY:

The annual general meeting of

Poking, Sopt 21. the Hongkong 'St. Andrew's Socioty An official communique Issued will be held in the Board Room of by the branch Military Counell Mesare. Jardine, Matheson and Co.. ofices this afternoon, states that on Friday, September 20, at 5.45 General Fang Chen-wu arrived in p.m., for the purposes of receiving Hualju yesterday with 2,000 the annual report and statement of troops and immediately after the accounta for the year ending occupation of the city disarmed August 31, 1933, and of electing the special police and placod office-bearers for the ensuing year, under surveillance the city mingla. as well as discussing any other trato and the director of public business which may arise.

safety.

+

The advance guard of this force The report states that the balance at credit of the Society's advance on Shunyi, which it leas Is showing signs of an intended general fund now atanda at than 20 miles north of Peking. $2,491.41, to which folls to be added the sum of $10,000 invested that a Japanese aeroplane flew The communique also reporta In Public Works 4% Redemption over Shunyi city this morning. Loan 1983 whilst £500 in 32% War Loan is held for account of the Scholarship

Inte J.R.M. Smith Fund.

A sum of $1,197.13 was expended during the year in assisting dis- tressed Scotsmen.

The Annual Ball in celebration. of St. Andrew's Day was held in the Peninsula Hotel on November. 25, 1932.

and states that this is a signif-

cant thing that this aerial visit should come on the first day after the occupation on Huniju by Fang's troops.

The Milltary Council discussed the situation at Hualju but came to no declalon,

Meanwhile, negotiations have boen started with Colonel Shibayama, the Japanese Military atincha bere, for permission to send Chinese troops into Huaiju Consequent on the Society's re-to expel the rebels-Reuter. presentation to the British Legion, Hongkong, the allocation by them of part of the Poppy Day con tributions resulted in the sum of £188.17.6 being remitted to the British Legion, Scotland.

The Committee deeply regret to record the death of Mr. C. P. Ross. Forty-six ordinary members were enrolled during the year and Rubscriptions collected amounted to $870. The Committee once again. would remind all Scots in Colony of their duty to join the Society.

The thanks of the Society are due to Mr. W. H. B. Rigg for kindly auditing the accounts the year.

RUSSIA AND JAPAN.

REPORT OF ECONOMIC ALLIANCE

Tokyo, Sept. 21. Great importance is attached to the activities of M. Baryshnikov, the Director of the Soviet State Bank and a delegate to the Conference now proceeding here for the sale of the Chinese Eastern Railway, according to the newspaper Hochii, which says that M. Baryshnikov is not confining la activities to the Conference but is extending ins interest to other fields, with a view to

ап establishing DODGING TAXATION. alliance between the Soviet and economic

Japan. He is also reported to be organising

Russo-Japanese Bank.

N.Y. STOCK EXCHANGE TO CHANGE QUARTERS

for

The newspaper says, the project- ed-economie alliance is intended

New York, Sept. 21. to secure a smooth flow of mer The success of the plans to or- chandlae between the two coun- ganize a Stock Exchange in New tries, with the establishment of Jersey, in order to avoid the taxa-long-term mutual credits and the tion on stock transactions impos-joint development of the re ed by the New York Exchange, is sources of the two nations in the now regarded as certain.

Far East.Reuter,

Six hundred and thiry-four members of the New York Ex- change, including the president, Mr. James Whitney, have agreed to join the movement which was. launched by 12 of the most influ-ONE ential firms In Wall Street.

"JAPAN" QUAKE

KILLED WHEN COUNTRY

ROCKS

Tokyo; Sept. 21. Considerable minor damage is reported from the neighbourhood of Kanazawa, a city facing the Sea of Japan, which was rocked by an earthquake at 12.30 o'clock

No decision has been made re- garding the location of the new Exchange. The majority favour Jersey City, but Newark, has not yet been eliminated. The new Ex change may operate within a fort night dealing initially with limited list of stocks_to_which nd-to-day, ditions will be made from time to time,

Meanwhile, 5,000 employees of financial houses in Wall Street have signed a petition against the proposed tax

4

REASONS

WHY THIS

NOTICE

WILL

INTEREST YOU!

1.—WE ARE STARTING A WEEK'S CLEARANCE SALE TO MAKE ROOM FOR FRESH CONSIGNMENTS. 2.-TO SUCCEED WE NEED YOUR PATRONAGE. 3.-ONLY MERIT CAN WARRANT YOU PATRONISING US. 4. IF WE SATISFY YOU NOW YOU WILL COME AGAIN.

WHEN OUR DOORS OPEN ON-

MONDAY-25TH SEPTEMBER

WE TELL YOU NOW THAT THE PRICES OF OUR MERCHANDISE WILL PLEASE YOU. WE DO NOT MAKE THIS ASSERTION IDLY BECAUSE WE REALISE THAT. UNLESS THIS STATEMENT IS BORNE OUT BY FACTS, THERE IS NO REASON WHY YOU SHOULD BUY FROM US. WE ONLY ASK YOU TO STEP IN NEXT WEEK AND TEST OUR ASSERTION THAT OUR PRICES ARE GOING TO PLEASE YOU..

WATCH THIS PAPER FOR NEWS OF

PARIS SILK

STORE

THE HOUSE OF FASHION:

CHINA BUILDING..

HONGKONG

LUCKY BAGS FOR THE FIRST WEEK!

KODAK

घ

YOU CERTAINLY

KNOW HOW TO

One person was killed and two were seriously injured when tall chimney collapsed and scat- tored bricks in all directions.

Further damage was done at Nannomachi, near Kanazawa,

A railway track was completely destroyed near Wagora, the popu son-in-law.lar hot springs and summer re-

Bort--Reuter.

The chairman of the New York Exchange is Mr. Curtis Dull, Pre- gident Roosevelt's

Router.

NEW AUTUMN

HAIS

Hongkong..

From STETSON

HARDEMANN

Please send ma

coples of "World Crisis-A Way Out" for which I enclose $....

BORSALINO

Nomo

BATTERSBY

Etc.

Address

ON FULL DISPLAY AT

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FLOOR

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DAVID HOUSE

HONGKONG

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