1935-07-02 — Page 19

TELEGRAPH. TUESDAY, JULY 2, 1935.

THE

HONGKONG

HOLDING

COMPANIES

RESTORING A.O.F.C. AFFAIRS

MONARCHY

ΤΟ

TO GREECE

WINDING-UP IN HONGKONG

The recent financial diflculties of the American-Oriental Banking

NEW GOVERNMENT Corporation in Shanghal had a

IN FAVOUR

PROGRESS

STEADY

Bequel in the Bankruptcy Court this morning when an application was marle for the winding-up of one of the its

conpanies, subsidiary American-Oriental Financial Cor- paration, Fed, Inc.

Mr. F. C.Jenkin, K., instructed by Mr. M. !. Turner, of Messrs. for the peti- Deacons appeared tioners, and Mr. Harold Hæc, in- structed by Mr. D. II. Blake, of Messrs. Wilkinson and Grist, re- represented four of the five creditors.

[Special to "Telegraph")

#y Telegraph, Copyright. Birseagra Ordinance,

Atheus, July 1. The projected restoration of ex- King George to the throne of Greece was the dominant issue at the formal inauguration of the National Assembly to-day,

Mr. Jenkin asid that before plac- ing the facts he would like to have the position made clear in regard

His Lordship agreed to the sug gestion, and remarked that he had

PROTECTED

ROOSEVELT'S WILL IGNORED

BY HEAVY MAJORITY

Washington, July 1.

The House of Representatives rejected President Roosevelt's request for legislation to abolish unnecessary holding companies not later than 1942 by 216 votes to 146. i

The House now goes ahead with a modified version of the Utilities Bill, contrary to the wishes of the

President.

The fight over the "death gentence" provision of the Bill will be transferred to the conference

LOCAL DOLLAR UNCHANGED

MARKET VERY DULL

TO-DAY

WM-

The Hongkong dollar was changed on opening this morning, the oflein rate being 28. 2%

4. 233 d. Inter-bank ratch were sellers and 28. 2.13/16d. buyers. The market is extremely dull, no business being reported."

RADIO

BROADCAST Summer

Relay from Daventry Of

Test Match Scores

RECORDED MUSIC

Fran Z. B. W. on a wavelength of

In London, nilver was un-366 metres (845 kilocycles)..

4-7 p.m. Chinese Programmie. changed yesterday. India speculators bought, while

and China

old. On opening, the market was steady, Router reports that after the official fixing the market was quiet, business was reported done at about 1/8th under the fixed prices.

one of the creditors. There were

There has thus been brought to five creditors, he said, and fone of elinus one of the bitterest legis between Italy and Abyssinia in them who were represented by Mr.lative disputes of recent years, and regard to which I had conversa- Harold Eve, had signified their in- the voting is significant as indications with Signor Mussolint. 1 ex. tention of supporting the petition. ing the strength of the President's pressed to Signor Mussolint the Bruter's correspondent was re-ile din not know, however, the present control of the House. grave concern of His Majesty's Government at the turn which Hably informed that before the attitude of the remaining creditor, forthcoming plebiscite on the restor the Cheng Kee Cheong firm, and

events were taking between Haly ation issue, Premier Tsaldark, who he angested to ffis Lordship (Sir

and Abyssinia. Our motives were opposed the Monarchist party at Atholl Martiregors that its name

nor dictated by neither egoistic the elections, will declare himself called in Court, in favour of the restoration.

our interests in Africa, but by our tions. I said that British foreign mealership of the League of Na-

between the Senate and the House.itis Majesty's Government could The Committee may either reject not therefore remain indifferent to events which might profoundly retain the provision.---Reuter,

allest the League's future. Upon this issue, public opinion in this country felt very strongly. was only through collective security that, in our judgment, peace could te preserved, and only through the League that Great Britain cold play or full part in Europe.

7 p.m. Stock Quotations. 7.03-7.28 p.m. Quartet in D

Flat

Major, Op. 16 (Dohnanyi) played by the Flonzaley Quartet

7.28.7.13 p.m. Voenl Gems.

Down in Demerara (Traditional), (a) Riding Down from Bangor; (b)

Solomon Levi.

Raymond Nowell and the B.B.C. Male Chorus:

Drinks all Round.

7.43.8 p.m. A Pianoforte Recital by Alfred Cortot, Bullaus in G Minor (Chopin, Op. 23), Rigoletto-Paraphrase

Verdi-Lisztį,

રોધ Concert

Weather

8 p.m. Local Time and Report

8.03-8.10 Daventry,

p.m. Relay from

8.41-8.30 p.m. Joseph Muscant and the Troxy Grand Orchestra, res

don layed from the Troxy Cineau, LG

M. George hallis, son of a former president of the republic, i res oived no notification of the inten-comunitter to adjust the differences policy was founded span the League Africa. A runnine commentary by deposited the BB for the Royal ton of the creditor named. Family's return to Grech citizen-i ship.--Reuter Special.

CAFE WISEMAN

LAST WORD IN RESTAURANTS

Wan.

The name

1

the Cheung Kee Cheng Firm was then endled, at There was no answer,

UNABLE TO MEET DEBTS Dealing with the facts. Mr. Jen- sid that the petition was kin made on behalf of the American- Criental Finance Corporation, Fed. lar. at the instance of the Board

wat

f

PEACE FORMULA

SCORNED

(Continued from Page 11.

European public opinion toj

Sir Samuel, said he would give the House the full details of die

cussions

quarter,

in a ther

BRITISH PLAN

14

i

"I was for this reason that this Majesty's Government had been anxiously studying whether

1

8.30-8.40 p.m. England v. South Captain 11. B. T. Wakelam on the third day's play in the recond Cricket Test Match. Relayed from Lord's Cricket Ground, London.

8.40-9.12 p.m. Band Music, March Slay (Technikowsky), The Black (Auber). Zampa--Overture

Godfrey). Reminiscences

Godfrey).

me.

Domning Overture

(Herald,

atr.

of Scotland (arr.

9.12-0.30 p.m. A Welsh Program-

Song-ly Little Welsh tinthe ("Songs of the Welsh Mountains”— Williama),

Leila Megane (Contralto). Song--Cywydd Y Gal (The Black-

smith' Song) (irathog).

William Edwards (Tenor). } Chorus-Y Delyn Aur.

Rhonda Welch Glee Singer, Sorg-Cymru Annwyl (Dear Walex)

(Roberts.

(Geirionydd and Wwlyd).

Wales)

tion. This suggestion was, brond- ly speaking as follows:-To obtain a final settlement of the dispute hetween Italy and Abyssinia. His Majesty's Government would be prepared to offer to Abyssinia a strip of territory in Tiritish Somali-orgni Salo-One Kiss, 1.nd, visine Mix Inla aceer 15

William Edwards (Tenor). 9.30-10. Variety. Orchestra-The Phantom of a Song. Orehetra--Radio Times, Organ Solat---Laiver, fumes Thack to

Me.

Memories.

Le

Reginald Fool."

Pantomime

Columbin Light, Opera Co. Instrumental--Cupadian Capers,

The Six Keyboard Kings. Vocal Quartet Young and Healthy. The Four Musketeers. Banjo Soto-Melodies of Yesterday,

of Diretora of the Corporation 4/11 which had its head office in Shang-ring to bear upon Italy. Memur frane Crawford's. Nestal. The Corporation was incor bid for popularity the Cate Wporated muder the United States man-in the basinent of Exchange companies Ordinances 1926, and

goon as he was ak

there was any constructive on- Buildings, opened for business 11 had branches in Hongkong, the

Hey. He was withholding in tribution which they could make yesterday morning. It is the last Philippine Islands and in Canton, word in restaurats, vastly dif- In Shanghai the petition for, the formation because he did not want in order to promote a solution.

to prejudice the cours Britain then described to Signor Mussolin: Tepent from the original Cafes Winding-up of the Itead Office band would like to see pursued, he said.the kind of contribution which ilis

obaven paunted as well as the branch

Mr. Lansbury sad the House Majesty's Government had in mind The eats itself has been ratiros; an the Philippin. Islands, and there

anxious to safeguard itself fand which I was authorised to ly re-constructed store the Hons remed no reason why it should not against another fait nerempli us in make to him as a tentative sugges-Molawd Cymru (Praise of

Leila Megane (Contralto), Long Stock Exchange vacated the he granted here.

The ease of China and Japan. Premises al in tautifully des The ground fize the petition Was

tions to the offer of a Signed in white grained marble that the Corporation wis table 10eussion of British territory with. and fitted with the most modern joy As dels There were a cat. dag the nutter in the Furnishings.

in the juristliction and the papers dont

wire muret The adlavits In the lobby a farge cloakroom Were all in order.

Reuter, The liquid. is situated, and parking through, was in the usual form.

the Ofeil Reteker,

FULLER REPORT the large gilded rates one is constur

London, July 1. had been aj}- Fronted with an elaborately de-and Mr. A, Ritchie

. This pune aut va int nded to i Vocal--Dreng • Mr. Anthony Fl. », Ministry Ine

• the signed wall fountain. The cafe Painted gectal manager

Losure Affairs, in reply to a que - | facilitate such territorial and i proper is contained in two large Corporation.

Counthathe. Mr. Jenkin said that, tion by Mr. George Lan-burgeronomie concessions by Abyssinia rooms to the right and left of UK th jutition were grant -d, the Leader of the Opposition, mad:

wight hay en in to Italy an entennée, Specially designed count viser, adeo ish; a statement in the Commo

solved in an agreed-settlement, 1eza, which afford admirable

His Majesty's Government would facilities for the disping of all to the Ordinance, bezants at omegarding his recent visit, to Rom

and Paris.

The objects of the ask for no concession in return for delicacies made by the cafe, rane Lipuistator, fait he would like to

Ant, save prazing +unttrie the Paris visit, he said, were to give this

for their tribes in such the entire length of the premises pack. His Lord-kip ta apposite the cutron. The light-e dog granting full powers to the French Government a full and rights

frank explanation on the subject territory a might be ended to ing is effected by means of frosted the Official per where he was

the Anglo-German Naval Italy. glass and chronium plated ceiling | Posisionally appointed Liquidator of

and 10 consider, in i reason for Agree ont.

"This suptim was not lightly lights which are so plhed that time are. The

consultation with 1 Froncit made and only the gravity of the they cast to shadows. Palms long, this, eald Me. Jonkin, was that if 4 pleasing, touch to the general, the Official Regelver locate liquida-: Government, ways and means of situation could justify a cussler at

British territory.without. scheme of dienration. The cafe is free webiti tret-have the making progres as quickly as pos

sible with the negotiation of all equivalent return. I much regret cooled by exhuast fans.

the Lob that this suggestion did not com- (Continued from Page 1) matters enumerated in doy emmnique of February

mend itself to Signor Mussolini, y gave the French Minister an who was unable to accept it as ation Banks would be permitted to necount of the contents of the basis for a Rolation of the dispate, underwrite and sell securities. Angle-German Agreement and on my return to Paris I gave M. | with limitations. The banks could eiram Laval an account of what had not anderweite any one issue, by stances in which it was negoliat pasard with Signor Mussolial.” nter than Tweny and the reasons which had led

Replying to a supplementary more than $100,000 at the total, is Majesty's Government to conquestion, the Foreign Serretary, Whichever was the larger smount. equal frankness the view which Sir Samuel Hoare, said he hoped to give further information later. The Government regarded issales as very tergent and had them under their special and constant consideration.--British The Two wireless..

A marble countered far has been

Stted in a small mom at the hack

of the safe bear the entrance to the service department and co tains large refrigerators for the storing of wines and one tirel solely for the manufacture of jes

bes

The Service department is spot. lly clean and is one of the most uptn-late in the Colony. It is fitted with all the test electried appliances, even down to electric

var timer,

Many people visited the wate yesterday an her in promise that the new Wiseman's will prove a popular rendezvous,

Amongst the passengers booked in Emogos to connect wish the "Ban

per until a Committee wat ap-

pintul, in the case of Mr. Ritele, Mr. Jenka asked that bas peant- the same pavers as when he was first appointed special manuver of the faporation.

In regard to the question of watts the dreditors, Mr. Jenkin suy Posted that a the tour creditar We represented by one counsel, Here should buy one lot 25

Ali, Lee supported the petition

tehalf of the the credit

PETITION GRANTED

His Lord hip then graat of 15

silly petition and

the fiquidator and that as such endler fra the Official River &

The state privez a Jan

described to him

th

elude it. M. Laval explained with

the French Government took i This Agreement. He also explain- fed his view of its bearing upon various European problems, la the solution of which Governments are engaged.

i

EUROPEAN ISSUES

"Cho |

Ken Harvey, 10 p.m. Heuter Press Bulletins, 10.05-11 p.. Dance Music..

U.S. BANKERS APPLAUÐ

per cent, or

RESTRICTIONS With respect to any more issues, underwriting could not exceed at the Time ten per cent. of

capitat stocks and ten per lank.

eat, of its unimpaired surplus. The bank's apgrejtate underwrit- ings would not excel hi any time. 1280 per cent, of its surplus.

THE NAVAL PACT

No tank or bankir quier federal London, July 1. It was recognised in the course he continues to have all the powers i

Replying in the Commons to ne states an pervizion would be conferred upes bim en May of the conversation that for a

Mr. Rithimas alto p

tement Of these questions, que tie on the juridical position of gubug to the liabilities imposed 1985

neh, for example, as the Air Pact the Anglo-German Xayal Agree by the Securities Act.

This amendment was Percived of Ásla" from Vancouver, on June appointed sp al tronager.

and Air Limitation Eastern Pact,ment. Sir Samuel Hoare raid it is

in New Yorks 20 uro the following: Miss Helen All enda ini luding one : tot the Central, European Pact, and no way affected the rights, whether enthusiastically Gibb and Lady Veronien Bence, Kobe, in Espert of the four editaran agreement on and armaments, arising from Part Five of the banking circles where the main to Hongkong, ragend die vogla pa in lira bad given motion mi fane intens į close collaboration between

Treaty of Versailles or otherwise, Fourre of worry during the pist. Sempers; Mr. N. D. Grw, of Caterin

has been the diminishing Hongkong: Mr. M. A. Ferrag me, Don of

the petition | France and Great

was any country not party to the year

profit. In re and Mr. A. C. Younus of the A-inti: Way order af to be given From the necessary, "There are, however, Agreement, and in no way affected For ortunities for

gents of the Cormoralion,

questions which do not interest rights of the United Kingdom flection, lenk stocks which had France and Britain alone. We are rising idder Part Five in respect fadvanced sharply on Saturday in therefore at presunt seeking, any matter ant directly covered anticipation of such conjunction with the French Gore the Agreement. The Agree-held exceptionally firm to-day- ernment, the form of collaborationment would be registered with the Renter

Lengte in

enurse-British

Petroleum L'o.

supporting

DAY BY DAY NEWS IN BRIEF

HLALLY (MADE.-Diseneli,

Britain

was seen entering a pawnshop by a Priner Edward Road, wyas the com- | London communique detective, who questioned him, and plainant. defendant took him to the address,

theireless. secure

Stresa resolution.

ABYSSINIA QUESTION

GRAVE CONCERN

to

that Britain cede tu

IT IS IN THE FIELD OF FOREIGN | For stealing nieu live pigeons 1 best designed to AFPARÈS FAR MORE THAN IN THE frogni a pigeon loft at No. 384 Pring fulfilment as quickly and cum NOIST AND EXAGGERATED STRIFE OF Ethened Road on Sunday. We Muk-pletely as possible by all countries PARTIES OVER QUESTIONS OF IN-iching, 35, unemployed, was brought of the programpie of the London . Mr. Autheny Eden, speaking in TERNAL POLITICS THAT HISTORY 18 hefore Mr. Wynne-Jones al. the communique,

The House of Commons, said he bad Kownon Mngistrney thi morning! "At the close of the discussion expressed Signor Mussolini inal sentenced to two months hard upon these same subjects, which Britain's "grave concern" over the Sentence of three weeks' band labour. Inspector Chester Woods held subsequently with Signor Abyssinianu siluation and had sug labour was imposed upon Ng Sing,

on Sunday Mussolini in Rome, we were happy tel aged 50, colic, when he appeared stated that about nunt Lefore Mr. Macfadyen at the Con- defendant was seen by a detective, held be able to record agreement as Abysshia a' stripi of British Somali- tral Magistracy this morning, lund with his a basket in which were to the possibility of continuing and giving Abyinla neces to the to work for European appease-ren, in order to facilitate charged with stealing a taket from the pigeons. Defendant when ment in accordance with the guid- Abyssinian concessions to Italy. b. Bridges Street, the property of toned admitted that he had stolen ite Cheng Yan-po, a clerk. Beendant pigeon. Mr. D'Almundo, of No. 281 ing principles laid down in The Signor Mussolini rejected the

and. the koller.

"Our suggestion," said Alr Media, "was not lightly made. Oniy,

blanket, which was valued at $10. Making their second appearance

"There is how therefore reason the gravity of the situation could before Mr. S. F. Balfour, at the to hope that the best line of justify the cession

T equivalent Chan Kwal. 26, unemployed, was Central Magistrney this morning negotiation may shortly be found.rritory without sentenced to, two month” hard labour Tam King, 20, of Bueno, and Chan Morcover, I cannot doubt that The Hour: was astounded by this by Mr. Wynne-Jones at the Kowloon Kam. 20, of Nam, Hoi, were ned although the thres Governments Magistraty this morning when he $20, or, in default, three weeks hard may not attach the same portog alatan: "What we have Bevelation. due to the Bupinde plended railty to breaking into No, labour each, on a charge of solief- 159 Fa Yuen Street, ground floor, nud ting in the Wanchai district on Sun-ance or ascribe the same urgenty to we hold." Thus the flouse is now stealing two brass vases, the property day. The two girls were stated to all the various items of the pro-convinced that only war will of Lo Kwai-lan, married wontan. have seconted Sub-Inspector B: grammit, it should be possible tattofy Signor Mussoline amb Detective-Sergeant Allen sinted that Thorpe at the Junction of Laard agree upon a method whereby, intion. defendant was seen coming out.of.the Road and Johnston Rond. Tam free and equal negotiation, with Sir Samuel Hoare told the House: premises with a parcel, by an amal King was kald to have taken the other Governments, they may unite The Government regards the who had just returned from market. Inspector to an address in Lee Tung to contribute to the solution of issues most urgent and they are An alaru was rated and after a long Street, while the second girl who

under 'special and constant con- chase the man was arrested by an accosted the Inspector later took these problems. Indian constable.

"I now turn to the discussions sideration.”—United Press.

and admitted having stolen the

him to another address.

*

return."

of British

a measure,

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