1933-10-04 — Page 23

THE HONGKONG TELEGRAPH, WEDNESDAY, OCTOBER 4, 1933.

GROWING BRITISH CONFIDENCE IN RETURNING PROSPERITY

NO FLASH IN THEFT AND FALSE.

THE PAN

+

HOPEFUL

MR. CHAMBERLAIN

BANK BANQUET

SPEECH

London, Oct. 3. Mr. Neville Chamberlain, traditionally a purveyor of gloom, struck a highly opti- mistic note to-night at the the annual banquet of Bankers' Association at the Mansion House,

Points from his speech wore;

The Budget will be balanced this year;

There was n. further drop in unemployment in Britain during September;

We are seeing the beginning of a permanent advance and of definite progress;; '

Trade improvements in the last few months are no mere flash in the pan.

PRETENCES

STOWAWAY VICTIMUSES

PASSENGER

COURT SENTENCE

Delpin Frins, a Filipino sales. man_agéd twenty-clght, appeared In the dock of the Central Polico | Court before Mr. Balfour this

morning charged with

Possession of the first and second bills of exchange on

Draft No. 16-42203 for $200 on

the Nederlandsch Indische Handelsbank, stolon outside the Colony on October 2.

Obtaining from Kwan Seong Bay, artist, $15 by falsely pré- tending that the bill of exchange for $200 in the name of Hung Luk-lean, was his property,

Signing the name of Luk Hung-lean on the bill of ex change without lawfull authority.

· Uttering the bill of exchange. Frins, who spoko English. pleaded guilty to the second hargo, but donfed the other three

counts.

The Chancellor of the Exche- quer expressed the view that Bri-conducted the prosecution. tain could look forward to the future with

Detective Sergeant L. Mintoy

confidence. every

The upturn was definite and was continuing steadily.

GOLD STANDARD.

WHILST HAVING BATH.

Looking down along Szechuan Road during the resent Shanghai foods, The view shows the China Finance Building where a jetty structure was erected at the entrance for the convenience of visitor. The big waves that followed in the wake of motor cars and hutes overturned several yle.

al into the waters.

Kwan Seong Bay, said he repent- HIT COOLIE_WITH

y returned from Amerien on board the Dollar liner Presidenti Coolidge. He went for a bath

aboard the ship and when dressing

afternoon, went ashore and in-

UMBRELLA

He admitted the offence, was

MORE BAD LUCK

11

#

STREET SLEEPERS.

CHINA ESTATES HEAVY LOSS

DEFALCATIONS OF AN

EMPLOYEE

ANNUAL MEETING

EXPLANATION

SLEPT

AT HIS DUTY

INDIAN WATCHMAN FINED $20.

Karlar Sligh, a private waloh- man at the Paris Silk Storo, was |ummoned before Mr. Schofield, nt the Central Magistracy this morning, for having slept on duty, Sergeant Wagland said that he At the tenth annual generalfawakened the dofondant twolvo moeting hold to-day at noon of times that alght, but ho simply shareholders of Chius Estator, turno back and went off to stoop Limitq, the owners of Ching again without oven getting up. A Budding, dofalcations by an fow months ago thero hail boon - a umployee holding the position of burglary In a silk shop in Pedder ront-collector and, book-koopdr, Street,

who hns since disappeared, "Mr. Schofield Imposed a flue of

mounting to $50,000, wora ro-$20.. Torred to as a bad debt and loss to

the Company.

..........

Nevertheless, the dividond for the shares of the Company pro the your was maintained at what hold by the Directors themselves is pointed out as the normally and their relatives, and so about wood market value of 8 per cent. 90, por cent, of the loss falls on Ta vlow of the "unfortuunto hapthom. I am stating these two pening," the Directora decided to

have the Books and Accounts] frets in extenuation, but to show examino monthly.

that in reposing this misplaceod

CHAIRMAN'S SPEECH.

Bad

21

Mr. Li Yau-taun, C.B.E., prosided confidence in one of the Company's over the meeting. Othors presunt employees, the Directors are them- word: Hon. Mr. R. II. Kotowall, solves the greatest suitorera. |C.M.G., Moners, dd Yicle-mal, Lau

NO VACANT ·ROOMS, Tak-po, Loung Ting-kai, Leung! Kwal-tin, Foo Yick-pan` (Diroc- Fortunately, there in still to ho tors), Fung Ping-fan (Director carried over to now account the and Secretary), and Mesurs, M. K. sum of $306,500.43, and all our 14, Id Koon-chun, L4 Po-kwal, and jahops and offices have boon, tot, o Tung-wan, (sharokokters).. there being not a singlo vacani room in the whole building in spito of these bad times. The Company MOLLISONS FAIL TO LEAVE SHELTER TO BE OPENED ON

The chairman DECEMBER 1.

Hahl-Gentle-boing in tisis antisfactory financial GROUND.

meu, The Report of the Directors position, the Directors are glad Referring to the Government's again found the wolle, containing BROKER AND RICKSHA

Toronto, Oct. 3.

Arrangements are financial policy, he declared that the cheques, to be missing. Ho

now well and Statement of Account having to be able to recommend to you, n Britain would probably eventu|reported the matter to the Cặp-

PULLER

James and Amy Mollison, world under way for the opening of the been in your hands for the pre-final vidond of 85 per share, ally return to the gold standard, |tain, and on arrival on Monday

famous British filers, found their shelter for atreet sleepers at St.acribed period, I will, with your which is the same as tant votor for the previous year: If rontál but could not say when.

Mr. John Castillo, described as attempts at record-brunking Potor's Church, West Paint, on permission, take them an read.

The net profit for the year, after continties to maintain its presont The Executive Com- The requisite state of affairs to formed the bank requesting then h. broker, was charged before Mr. distance flight dogged by bad Ducember

provision having been made for figure during the next 12 months, permit such action are not set to stop payments. At the bank Schofield, at the Central Magist-luck again to-day when their mittee of the Street Sleepers Reserve for Depreciation on Ching the Directors are in hopes of ha existing.

Bulidings ($34,500),

and, Ing able to recommend to you he saw defendant altting on a racy this morning, with having plane, Seafarer 11, falled to take Shelter Society have decided to

($50,000), and better dividend next year. To show the urgoney of revive bunch. Ile returned to the Lakassaulted Tool Kan, a ricksha off from the flying fold at Wanna make a nominal charge of two Doubtful Debts ing international trade, Mr. Cham- | Hoi Tung Boarding house and puller in Queen's Road, East. Bench, near Collingwood, Ontario, conts a person onch nlight for bud

Recently, at the completion of and shelter, and the shatter will Directoro' and Auditor's Fees and

The provision of the sum of berlain said that British exporis | later received a call from the

la $71,011.28 sther expound», westward Allantle crossing, the be open daily from 6p.m. to pan which, added to the $427,825.15-$50,000 in the accounts now before Mallisons were injured when their to admit the street aluepers, who brought forward from last ne- you was made after careful con- plane crashed just outside Now must be out of the building at Lak-lenn was the

of his peace for six months.

York. This mishap apolled thele 7 a.m. the next morning. Hot Lent, makes a total of $498,000.48. idoration by the Board and in father-in-law. He obtained the Sub-Inspector Dick said that the

Your Directors regret that the consultation with the auditor, as cheques in San Diego, U.S.A. defendant engaged the complainthe Atlantle and attempt to reach

plan to return together nerous and hot water will be provided,

not profit for the your shows your Directors have considered t Thore will be volunteer helpers decrease of $61,550 B compared best to spread the loss over two Defendant: Did you see me in land's rlekaha about 11.30 Baghdad.

on duty to register the street with that of the previous your ears instead of Including it all the bathroom?

yesterday at the Star Ferry and

At present they are bound for sleepers as they come in at 6 pm. That decrease is due to (1) the in next year's account; or instead Witno 1: Yes. You were with proceeded to Queen's Road. East. Bathdud when, and it, they are collect the nominal charge of two provision of $60,000 for Bad Debts, of commencing the writing off in another man. a Filipino. near Ship Street, where he alight-able to rise with their 600 gallons centa a person, and see that every-(2) the writing off of 3860.30 is the next Balance Sheet, as our

Defendant: You are lying

ed. lo had no money to pay the of special English patrol, thing is in order, before they lonve Witness: I am not.

coolie, and an argument arose. The upahol was that defendant for over half a mile, but each time will assist also the Medical Com-about $9,000 payable to us for in-unelul year.

They taxied along the beach at 9 pan. Somo volunteer helpern respect of Bad Debts Cloans and Idea in to wipe this loss off our advances), and (3) the fact that books by the ond of the next An- Io Lok, shroff at the Netherstruck the coelie on his hond failed to lift the Seafarer off the mitte in rondering first aid when torost on lonne during the year landa Bank gave evidence, after with an umbrella infleting ground. The engine stalled at necessary. Each night there will under review was not paid until (d) a resumption of international which the defendant stated: slight injury. The incident was the end of the Brat run. The be at least two helpers to take after the 28th February, 1933, and recommend the apportionment of.. leave myself to the mercy of the witnessed by Mr. Murley, of the second run was equally unsuccess-duty, and a rola will be made out this interest will consequently, go the 8440,000 in the following man-

ful." They could not rise an inch so Court. I have nothing further to Central Medical Stores.

that each person will not be into next year's account. Defendant was slightly under Reuter. Įgay."

entled upon too often.

The provision of the unusually To pay a final dividond Sergeant Minter: Defendant the influence of liquor when

The Executive Committee of large sum of $50,000 for Bad Debts

of $5 per share, came as a stowaway to Koba on brought to the station.

the Society will meet on Friday, fe due to a defalcation amounting Defendant anid that he had just

absorbing............. a boat and was put on board the

October 6 at St. John's Cathedral 10 $103,844,97 having been

com To carry forward President Coulidge to go back to returned home and was feeling a

Hall at 5:15. A list of donations mitted by the rent-collector_and

-new-account Manila. I have seen the Amer. bit drowsy. He had no intention

will be published after the Ex-blokkeeper of the Company, ond ican Consul but he said he would of hitting the coolle and expressed

ecutive Committee Moating. The Ng Chun-sing alias Thomas Ng. have nothing to do with him. his regret for having done so.

| Socioty aims at rateing $5,000, and who absconded in August Inst. Berlin, Oct. 3. looks to every section of the Co-

CLEVER MANIPULATIONS..

halved in value during the years bank. The writing on the cheque fined $5, ordered to pay $2 amends 1929 and 1982, and we lost some was not ble. The name Hung and bound over in $50 to keep the

£365,000,000 in income.

FOUR OBJECTS.

יי

旷

The four principal objects to be nenloved were

(a) a rise in wholesale prices, by International agreement if necessary"

(b) the removal or the lowering

of excessive trade barriers

(c) the establishment of an inter-

national monetary standard

lending-Reuter,

HONGKONG · GOLF

CLUB

ACTIVITIES OF THE LADIES' SECTION

פתות

A STOWAWAY.

The magistrate passed sentence

to run con-

of six weeks' hard labour on cach Mrs. W. J. E. Mackenzie quali-chargo, the terms fed for the Captain's Cup for currently. September at Happy Valley with a It was stated that deportation score of 122-36 equal' 86.

Miss H. M. Knill won the Bogey Pool at Deep Water Bay played for during the same month, with

score of 2 up.

The Annual Ladies' Day held at Deep Water Bay

would follow.

COLUMBUS WIN AGAIN

was

on

OPIUM DIVANS RAIDED

LITTLE WORLD SERIES CHAMPIONS

New York, Oct. 3. Columbus, winners of the Little World Series, again besti

September 26, Mrs. Redmond win-

GERMAN PEASANTS

RECOGNISED AS THE BACKBONE

nor

Your Directors have decided to

$ 82,500,00 to.

366,560,49

$449,000.43

It is hoped that this proposal A revolutionary Peasant Law,lony in its appeal for donations.

|will meet with your approval making pensants, the priviliged Small or large aums will be ap- This embezzlement was made class within the State as the hack proclated and may be forwarded possible by very clever manipule DEATH OF MR. LIANG SHIH-VI bono of the German people," has to the following places:

It is with very deep regret that been signed by Herr Hitler.

The Editor, S. C. M. Post: Mr. tions on the part of the culprit. Under the new law a farmer Li Hol-tung, Banker & Co., White-It was a case of misplaced con- the Directors have, to record the desiring to enjoy the full benefits away's Buildings, 2nd. Floor; dence, for up to the time of the death of Mr. Liang Shih-yl, available must prove that he is a Miss R. Mowfung, Messrs. Gilman discovery of the embezzlement, Premier of China, who was a foun- capable farmer and a German & Co., 4A Des Voeux Road, C; this man, who had been with the der of this Company, and whose citizen of German blood, "without Rev. N. V. Halward, St. John's Company from the time of its advice had been invaluable to the Jowish or coloured race taint since Cathedral, Hongkong. 1800."

ning the Tombstone Competition, i and Mrs, Sieap winning the Hid: TWO FOUND ON THE Buffalo to-day by 10 runs to 2. If it does not exceed 310 acres,

den number run in connexion

with it. Mrs. J. B. Ross was auc- cessful in the Long Driving and

SAME FLOOR

Mrs. W. Lambert and Miss Cousens In respect of two oplum divans tled for first place in the Apon one floor at 52, Saj Street, two Chinese, one an out-of-work and

tlon.

1

Reuter.

FAIR TO SHOWERY

The farmer's arable forcat land,

cannot be divided among his heirs or sold or mortgaged.—Renter.

BOXER'S DEATH YOUNG STRIBLING'S TRAGIC END

The P. and O. .. "Corfu" left Shanghai for this Port on the 3rd. Instant at 4 pm, and la due hero on the the 6th, instant at about 6 am.

!

finest

Ox-

Aca

formation, had never given the Company. In recognition of Mr. Directors any cause for the least Liang's services, your Directors suspicion, having proven himself have co-opted his son Mr. Llang to be hard-working, and frugal in Ting-kai to fill the vacancy. his mode of life. A report of the cording to our Articles of As- ombezzlemont has been made to the sociation Mr. Liang Ting-kal's Police, and a reward offered for term of office expires, and I shall the arrest of the criminal.

The Directors are very sorry for presently have pleasure in sub- Macon, Georgia, Oct. 3.

the loss which the Company has mitting his name for re-election as. proaching and Putting Competi-the second a baker, wore charged

a Director for the ensuing year. Young Stribling, probably one of

to tho scientille henvyweight sustained, and express as keopers before Mr. Balfour in

I beg now to move that the Di- The Royal Observatory reports

boxers of the past 20 years, dlod hore shareholders their deepest regrets.

The entire clerical staff charged rectors Report and Statement of COMING COMPETITIONS. the Central Pelles Court this that the anticyclone remains con-

this morning at 6 result of

an with the duties of collecting rents Account as presented be adopted. morning.

tred in the Sea of Japan, and a

His death was the Entry forms for the "Railway

Prosecuting the first man, Det.-depression covers Tongking.

Capt. J. J. Waite, of the 3/9 Jnceident whilst driving a motor cycle and keeping the accounts of the When the motion has been second- Cup" have been posted at the Inps. O'Donovan said there was

into crashing

an automobile. As Company has been changed, and ed I shall be pleased to answer any Local forecast:-East winds, Regiment, has been appointed of a various Club Houses. Members insufficient oplum for examination moderate; fair to showery. attention is drawn to the fact that and he applled for withdrawal on

In the 24 hours ended at tan ficlating Adjutant with offect from result of the accident Young the Directors hope that the im-questions that may be put to me.

Stribling's foot had to be amputated.

Mr. M. K. Lo seconded. There: cntries close on Tuesday, October

a charge of possession. They o'clock this morning, 0.78 inch O'Connor, who has left the Colony on juries, as well as a badly fractured the system of rent-collection and September 18 vice Capt. M. 3. and he sustered grave internal inprovement recently instituted in

audit will effectively safeguard the being no questions, the motion could not prove the origin of the of rain was registered, bringing leave. Lieut. H. E. Syer has been hip-Reutor, bo

monics of the Company in future. was put to the meeting and carri- A Bogey Competition will

the total for the year to 55.71 appointed officiating coy, commander Defendant was fined $75 or six inches.

Large as the Icsa to the Comed unanimously. held at Fanting on Tuesday, Octo- opium.

vice Capt. Walle, ber 24.

pany is, the Directors desire to weeks' prison.

RUBBER RESTRICTION, point out that under article 150 of

OTHER BUSINESS. the Company's Articles of Associa

Messrs Lau Tak-po, Fung Ping- SIR CECIL CLEMENTI ANNOYS tion, the Directors, officore and fan and Liang Ting-kal, retiring

DUTCH

employees of the Company are Directors, offered themselves for entitled to B bonus of not re-election. The Chairman moved, Batavia, Oct. 8, more than 20 por cent. The Dutch rubber con the Company,

Mr. Foo Yick-pan seconded and "

unanimously.

31.

It is proposed to hold a Knock- out Competition at Happy Valley and entrics for this will close on October 17. Entry forms are post-

ed on Club Notice Boards.

In the second case, the baker pleaded guilty also to a charge of the poseesalon of a small quantity

of Illicit opium. He was fined $8,

The October qualifying round or one week, and an additional fine

Cup will be of $65 or six weeks was imposed

BALLOON ASCENT RECORD

for the Captains the month on on the charge of being the keeper SOVIET AERONAUTS JOURNEY OVER alder Sir Ceell clement's speech, ofta rint pronts of the empay the resolutions were carried.

the New Course, Fanling..

It will interest members to know that the Annual General Meeting of the Ladies' Section will be held at the Helena May Institute Monday, November 20 at 11 a.m.

on

CLUB DE RECREIO HOCKEY

of the divan,

There were ten smokers in all,

LINCOLNS MAN. SENTENCED

11 MILES INTO STRATOSPHERE

cabled, yesterday, as an effort to the Company the Directors have throw the blame beforehand on navor for one single year taken The Chairman said: The, se«) the Dutch East Indica if restric any bonus. During the ten years count have been audited by Mr. tion should fail in consequence of the Company's working, the LI Tung who, retires but offers of excessive British demands.net profits amount to $1,106,270, himself for re-election. In view Reuter...

and if the Directors had taken of the recent unfortunate happen- only 10 per cent. of this sum for ing, your Directors have decided their bonus, they would have to have the books and accounts of drawn $119,627. And if we also the Company examined monthly, take into account interest at 6 per and would therefore bo glad if cent. per annum on the amounts the remuneration of the auditor that would have been drawn dur-be left to them.to decide after six ing these ton years, such interest months experience. Nanking, Oct. 3. would have amounted to $7,177,00

EMBARGO LIFTED NANKING MEASURE TO AID

FARMERS

Moscow, Oct. 1. phore, la army property. Government wireless stations

Five Mésanges Sent last evening Announced that the balloon "Stratostat" had landed day morning and the actual time The flight started at 8:41 yester-

safely in 1 mendow near in the stratosphere was reported Kalomna, 71 miles from Moscow, to bo only four hours. After FORTY-TWO DAYS'

after a flight to 19,000 meters, eight previous attempts to take off, DETENTION or 11.8 miles above the earth. the big balloon was cut loose from The following will represent the

This is a now altitude record. its moorings and ascended rapidly. *Club in a friendly Hockey match

Sentence of 42 days' detention

The balloonists appeared to be Five messages related the swift against the 9th Jat Regiment on was passed on Pto. James Johnson, in good condition and said that upward progress to the better-

Tho Executive Yuan to-day which, added to the amount of the Mr. Kau Tak-po proposed and Friday, next

Marina of the Lincolns, at a recent Court! Ground. Bully-off at 5.10 sharp. Martial at Shamshulpo Camp when they were proud to have beaten the ment of Fiecard's record, within approved T. V. Soong's proposals bonus, would have come to $120,- Mr. Foo Yick-pan soconded, that A. H. da Silva; A. A. dos Re- he was charged with falling to oboy record of 16,700 meters set by Ple- two hours and ninetoon, minutes of to lift the embargo on export 804. It will thus be seen that Mr. Ll Tung be re-elected auditor. medios, and F. N. da Silva; 1 M. an order to attend a defaultere card, Belgian ballooniat last year the takeoff. The aviators did not foodstuffs in view of the pre- this sum, to which the Directors for the ensuing year for such a The Blers are Georgi Prokflay, complain of the cold although the vailing low form prices. have been entitled, but have saved remuneration as may be mutually N. do Silve, W. Reed, and A. parade and using insubordinate

Shipments of foodstuffa from to the Company, has more than agreed upon between him and the Baato; C.. D'Almada e Castro, Alanguage to a superior officer. The Ernest Kirnbtum and Bosstantin temperature in the gondola was M. Xavier; F. J. Remedios, J. verdict, has received confirmation Gudonoff. Their balloon, especial reported to be twenty-two degrees China will be exempted from unterbalanced the recent loss. Directors of the Company. Catri

ly constructed for the stratos-Ibelow zero, Centrigrade.

export duties in future. Reuter. Moreover, about 00 por cont., of led unanimously. Consalves and II, A, Alves,

by the G.O.C.

on the