1933-09-28 — Page 13

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Hongkong Telegraph.

FOUNDED 11 WPF WAHANAWF THURSDAY, SEPTEMBER 28, 1933. BINGLE COPY 10 CENTS

No. 14112

$16.00 PER ANNUM

THE

NEW

PRODUCTION IN NECKWEAR.

PRODUC 170

till act

FLEURITA B.V.G.24. Made from ABKITISHA. TIE art slik marocain with square cut ends in al texture that will not crease .or stretch. Neat fancy designs in pleasing tonos .off Fawn, Brown, Marcon or Navy. Length of the ties 45 Inches.

Basic Valuo Prico $1.25 each.

bull

WHITEAWAYS

NEW

BASIC VALUES

GOVERNMENT PREPARED FOR BUDGET DEFICIT Sombre Outlook for Coming Year; 1933 Saved by Huge

EUROPE

MAKING

HISTORY

QUICKLY MOVING

EVENTS

DISARMAMENT DUELS

DANUBIAN STATE FEDERATION

Events likely to shape the destiny of Central Europe have been moving uncom- monly quickly in the last few days.

The disarmament problem up to the present has defied all

Death Duties Windfall; Sharp Drop in Ordinary Revenue CORDON

Captain Euani Wallace, with his wifa,

attempts at a solution, although FLYING VISIT TO

it is understood that being tackled on well-defined lines.

Britain is endeavouring to persuade France to make con- cessions regarding the granting of "token" equality to Germany. Italy, on her eide, is making similar effort to persuade Ger- many to agree to a probationary period, on which Issue France is admant.

VIENNA EVENTS

Meanwhile, Reuter's Vienna cor} respondent says that Dr. Dollfuss'a "Akin to Fascism" regime has been

FAR EAST

CAPT.

WALLACE'S PLANS

LEAVING ON SATURDAY

London, Sept. 27.

strengthened by the wholehearted Captain Euan Wallace, Civil accession of Prince von Storham Lord of the Admiralty, who is berg's Heinrwehr.

paying an official visit to British The only threat to stability in naval stations in the Far and Austrin seems to come from the Middle East, means to travel Sociallats. In this matter, the fast. Dollfuse Government is confident of its ability to meet any eventual- ity that may arise..

He is leaving London on Satur- day next and he reckons to cover | 20,000 miles In fifty-one days.

DANUBIAN FEDERATION. At Sinaia, where the Little En-

He will travel from England to tente Powers are in conference, Rangoon by Imperial Airways the leaders have forged important machine, taking advantage of the links In the federation of the servico newly catablished. From Danubian States by agreement to Rangoon he will travel by flying- co-ordinate commercial policy and boat to Singapore, after which he will proceed to Hongkong by P. ference, Dr. Benes, the Czecho- Captain Wallace will be in

communications.

At the conclusion of the con- and O. liner. Slovakian leader, plans to Rome, Budapest and Vionna,

visit Hongkong, it is hoped, in time to participate in the Trafalgar and

M. Titulesco, the Rumanian Naval Day celebrations. leader, will visit Sofa and Athens

TRADE DEPRESSION OVER

COLONY IN

IN EARNEST

MILITARY CONTRIBUTION RELIEF

GRANTED BY WAR OFFICE

NO CHANGE IN TAXATION

A SOMBRE BUDGET WAS PRESENTED TO THE LEGISLATIVE COUN- CIL BY THE HON. MR..D. W. TRATMAN THIS AFTERNOON. A DEFICIT ON THE YEAR OF $1,711,070. IS ANTICIPATED, BASED UPON A 1/3 DOLLAR. HOPE IS EXPRESSED THAT A BALANCE WILL BE ACHIEVED IF THE PRESENT RATE OF EXCHANGE-OVER.1/4—IS MAINTAINED.

IT IS ESTIMATED THAT REVENUE WILL BE $31,731,625, AGAINST 1933 REVISED ESTIMATES OF $33,027,000, AND EXPENDITURE IS ES TIMATED AT $33,442,695 AGAINST REVISED ESTIMATES FOR 1933 OF $32,564,261.

the War

Main points in Mr. Tratman's speech were that: Revenue for 1933 has been Negotiations with swollen beyond expectations by two large non-recurrent items, eighteen lakhs in death duties from the estate of the late Lord Inchcape and over a million from the sale of the City Hall site. But for these factors, the shortfall: from the Estimate would have been about $4,000,000.

Office have resulted in material increases in the items of revenue exempt from Military Contribution.

Duties from liquor and tobacco have fallen off from estimates of $2,950,000 for the first six months of 1933 to $1,883,876.

A sharp fall in opium revenue has occurred, reducing net receipts by over fifty per cent.

The Hon. Mr. D. W. Tratman," acting Colonial Secretary, 'who delivorad his.

first 'Budget Speech this afternoon.

HOLDS

FIERCE ATTACK BY FANG

STREET FIGHTING IN KAOLIYING

JAPANESE BOMB GOVT. TROOPS

(Our Own Correspondent).

(Ry Telegraph, Copyright, Telegraphio Are Ken Ordineser, 1881. Rresive, Basteskler 28, 0.37 m.)

* Peking, Sept. 28; Graphic stories of fierce fighting in the streets of the walled town of Kaoliying disposed this morning of the belief that General

Fang Cheng-wu's forces were re-

་་

CHINA SIX tiring into Charhar un YEAR PLAN

CHEN KUNG PO'S SCHEME

ECONOMIC DEVELOPMENT.

molested.

Official reports show tint Fang Chen-wu actually, made 'n deter- mined attempt to smash through the cordon of Government troops- lining the Tangku Armistice Line, and that although the desperate bid failed, with heavy loss of life, he has not yet abandoned the offort.

The main attack was.centred on the town of Kaollying, which is only eighteen miles to the north of Peking.

the city, where___heavy_fighting. occurred in the streets.

Kowloon is to have a temporary:

Nanking, Sept, 28. post office preparatory to the demo-

An ambitious plan for the de

STREET FIGHTING.' lition of the present building and the velopment of the economic ro

sources of China, embracing all Fang's forces woreTM Jaunched erection on the site of an eight-details, has been drawn up by upon a sweeping aseault, and storey block containing Post Office, Mr. Chen Kung Po, Minister of succeeded in getting a foothold i Fire Station and other Government ment.

Industry of the Napking Govern Offices.

It is described as the Six Year The battle raged for twenty Economic Plan and will be sub-four hours, according to officiak mitted to the National Economic advices, after which the intruders.

finally beat a hasty retreat, leny- not been disclosed, it is believed several hundred wounded.

Though detatis of the plan have ing over a hundred dead anið

that the improvement. of com- During the height, of the munications and of rural agricul-Engagement, a squadron of Japan- ture are emphasised as requiring ese bombing planes, swooping the first attention of the authori-flow, dropped bombs killing several tles who are in charge of the Government goldiers. economic planning of the country. The Ministry of Industry hopes that the National. Economic Coun-

There is nothing to indicate the Until landing rights have been possibility of an early relief from the arranged, the provision of commer-Council for its adoption. trade depression which is now being cial air services in the Colony must felt severely.

Thang, fire.

with the object of spreading the After his visit to Hongkong he MR. TRATMAN'S FIRST BUDGET SPEECH

gospel of closer co-operation. The will proceed to Colombo and Importance of the Sinain meetings Trincomali by steamer, joining the

#

AN ERKOR?....

Mr. Trátman said: The Budget stage in now development, period of $2,950,000. Stamp duties eil which has full power to put of Government troops was in error. js emphasised by the attendance flagship of the East Indies Squn-

It is supposed that the bombing. at the opening session of King dron, H.M.S. Hawkins, at Trin-for the present year was described scheme embracing all the Govern-are similarly $1,111,731 as against into effect any economic plan, wilt

Rumania and King comall. He will proceed in her to by the Colonial Secretary 43 ment property lying between $1,300,000. Opium revenue for

Fang's forces are now moving adopt this six-year plan at least westward along the armistice The Budget I am Queen's Road and Upper Albert the half year stands at $619,030; as basis for discussion by its ex-line, feeling their way and seeking. of Yugo-Slavia. Bombay and will then returh home "colourless.'

by Imperial Airways.-Reuter. now submitting does not, I fear, Road on the North and South and Instead of $1,250,000 but only a

contain any large amount of Garden Road and lee House Street very small part of this fall is at-t, committes-Central News out a possible weak link in the colour either. This will probably on the East and West.

tributable to the decreased means

Carol of Alexander Renter.

ST. JOHN'S CATHEDRAL ADMIRAL DREYER

FUND

IN JAPAN

"ROYAL” 'RECEPTION

The Latest List of Contributions

The following donations to the St. John's Cathedral Restoration Kent and Fund have been received since the

publication of our last list:

If. E. Stone

M. W. Nowaholme

Mr. S. R. Jones

$25.

20.

10.

20.

Yokohama.

After an exchange of official courtesies with the Japanese naval

commander, Admiral Dreyer will;

statements

да

OPIUM LOSS.

Agency.

IRISH DAIL points, but all have been repulseit

MEETS

UNDER DISPLAY OF ARMED GUARDS:

Dublin, Sept. 27:

cordon thrown out by General Ho Ying-ching.

A number of tentative attacks have been made at different

and it is not thought that they will find a place to break through. Further skirmishes have since been reported near. Tangshan, the motoring distance, of Peking. hot springe resort, within eury

REUTER REPORT,

Peking, Sept. 28, - Chinoso.-reports indicate that

to many in this Colony. I do not transfer of the credit to a special come as an unpleasant surprise We must be prepared for the of the addicts. refer to those who have built account and when that has been j high hopes hopes as high as redone and the Inchcape eatato duty The bulk of the loss is attribut- duction in taxation-on the! monthly financial

deducted it will be seen that our able to the new arrangement in- issued by the Treasurer. These ordinary revenue for 1983 cannot atituted on the recommendation of PROMISED

statements have to be reviewed be set higher than about $90,000, the Bangkok Conference by which in the light of our experience of 000 as against an original esti-this Government's Monopoly draws Tokyo, Sept. 28.

the movements of the revenue and mate of $14,080,000 and that the supplies ofory of the Split Admiral Dreyer, with H.M.S. expenditure over a whole year, maintenance of our surplus ba- from the factory of the Straits H.M.S. Falmouth, Our income is largest in the first lances at the same level at the Settlements Monopoly. The Hong- kong addict does not like the arrived at 9.10 a.m. to-day at half of the year, our expenditure opening of the year is due to our Singapore brand. The grounds of revised estimate of expenditure his dislike are somewhat obscure ut In the second half.

for 1903 being $32,501,261 MISLEADING.

any rate for the moment and are against an original estimate of being further explored; what is an armed citadel for the opening are still moving north-west ant The Irish Dail re-assembled in General Fang Chen-wu's forces But apart from the somewhat $35,199,247. The main factor in clear is that he will not but the of the now session to-day.

bave not again come up againt entrnin, with his staff, for Tokyo, mislonding Agure of $16,000,000 this enving is the reduced cost of opium that the Hongkong Govern- There was an exceptional dis- Government troopë... Previously acknowledged $2,918.04 whore a full programme of din- which these fluctuations have our sterling commitments, includ ment offers him. If this state of platy of armed guards, et on dist ners, receptions, and other fune- caused to appear as surplus in the ing officers salaries, arising from affairs indicated a genuine stop the entrance of the building, but $2,993.94 tions awaits him.-Reuter,

statement for May, this Council the difference between the current towards the liberation of the addict in the procincts. Even the Press may have some dificulty, in ap exchange rate and the rate ($1-18/ from his addiction, it would not preciating the grounds for the 2) adopted in framing the eat only be a subject for regret; it gallery was guarded by a police Government's attitude of restraint mutes. This difference in ex- would be a matter for positive con-

man with a. revalver.

The routine business was when it is seen that the estimated change has also of course a de-gratulation, surplus of agseta over liabilities at pressing effect on certain - items; The Hongkong Government complished very speedily to clear the end of 1985, is now put at of revenue which have been placed abides by Its declaration that way for a motion of censuro over $13 millions instead of the on a sterling lagis, but this is a considerations of revenue shall not denouncing the Government's use SIX LABOUR LEADERS ACCUSED: $10,000,000 odd anticipated in the very limited reduction in no way stand in the way of its co-operation of the Publie Safety Act, which

Estimates for 1938.

comparable to the reduction in ex- in the obligations of His Majesty's was described as unjust and op- NEW SUBSCRIPTION But the fact is that our revised penditure arising from the same. Government.

pressive. estimate of Revenue for 1983 cause..

This will provido the newly- $33,027,000 contains two abnormal

formed United Irish Party with GENERAL DEPRESSION.

the first test of its strength.- Router,

Mr. & Mrs. P. J. Taylor

TOKYO MURDER PLOT

ASTOUNDING PLANS

SOME RAIN

ac-

over, does not seem ready to move General Chi Hung-chang, how- out. Several hundred of men came into contact with Govern- ment troops at Tangahan, 20 miles. north of Peking, and were driven back into the demilitarized zone. -Reuter

GRIFFINS

RIDING TESTS AT VALLEY

The riding tests for the sub-

RANKS SWELLED, Tokyo, Sept. 28. mior's official reafdance on July 11th items; first a sum of 18 lakhs in Charged with attempted mur, while the Cabinet was in suasion, death duties from Lord Inchcape's The main factor in the falling off taste of the Hongkong addict for Unfortunately there is abund- der and incendiarism, six mom and murder all present. They were estate and secondly a sum 81,250,- of our ordinary revenue lies of the Singapora brand has merely ant ovidence that the dis bers of the Patriotic: Labour to simultaneously attack and set 000 accruing from the sale of a course in the general depression Party who were arrested in con- fire to Count Makino's residence portion of the City Hall alte, to from, which the world at large has swelled the ranks of the smokers nexion with a plot to murder Further arrests are continuing in which is to be added a sum of been suffering for some years past of illicit opium. Shortly after the that the anticyclone is stationary the Colony aboard the Taming and the profits of the purveyors The Royal Observatory reports seription gridins which arrived in members of the Cabinet, were connexion with the financing of the $4,000 representing the sale price and which is now hitting the new arrangement camo into foren ovor N: China and a depression is will take place at the racecourse,

of the demolished buildings. Colony In earnost. The Import the Superintendent of Imports moving castwards to the south of to-morrow at 1245 p.m.

DEVELOPMENT SCHEME duties on liquor and tobacco for and Exports instituted an Inten-Tokyo,

the first half of 1988 have been sive campaign against oplum Local forecast: North-east ed by the Stewards will be held The draw for the ponies accepte This salo na Honourable Men-only $1,883,876, as against o bars are aware constitutes the first ostimated figure for the same divans which are not only illegal winds, moderate; cloudy, some at the stables at me he held

(Continued on Page 7), rain.

formally indicted this morning.. plot, which Is alleged to be of an ⠀⠀ Tho‹ plotters, together with oven wider scope than last year's “others, were aiming at the funda- conspiracy of May 16th, when mental reconstruction of the State. Premior Inukal was nssassinated.-- "They planned to attack the Pre-Reuter.

to-morrow,