1935-07-02 — Page 7

HONGKONG'S NEW SKYSCRAPER

"

BANK OF EAST ASIA OPENED

THE BOOKSHELF

PEACE OR WAR IN

THE EAST?

THE

оп

HONGKONG

TELEGRAPH. TUESDAY. JULY

PEACE FORMULA SCORNED

(Continued from Page 1).

European public opinion to bring to bear upon Italy.

In "Japan and the Pacifle," by

Sir Samuel said he would give Nathaniel Peter (Hamish Hamll- ton, d., London; 108, 5d.) the the House the full details of dis- STEADY PROGRESS whole Far Eastern outlook is close cussions as soon as he was at ly analysed, and the conclusion liberty. He was withholding in of the frenched is that war is almost information because he did not want Britain The opening ceremony

evitable, the only question being to prejudice the course building storey

when it will come. The author, would like to see pursued, he said. eleven new

Voeux Rond in Dea

Mr. Lansbury said the Ilouse Central,

who writes as a serious and well- und latest

most Hongkong's

informed student of Far Eastern was anxious to safegitard itself affales, marshals his arguments against another fail accompli as in modern skyscraper, housing the Bank of East Asia, Ltd., was perclearly, and forelbly, and sets what the case of China and Japan,

Objections to the offer of a formed by Mr. Li Koon-chan,. Acting Chairman of the Board of regarda the trends of present

happeniage against a cnicfully cession of British territory with drawn background. He holds that out discussing the matter in the Japan is bent on complete mastery Houge of Asin, and argues that either half

Directors, this morning in the presence of a large gathering of well-wishers and friends of the establishment.

The ceremony was performed at 9 o'clock and should have been accompanied by the customary string of crackers but these were fired half-an-hour earlier in order that local business hongs in that

centre would not be disturbed.

on

BANK'S HISTORY

absence of

vur

were raised in another quarter-Reuter,

LOCAL DOLLAR

UNCHANGED

MARKET VERY DULL- TO-DAY

The Hongkong dollar was un- changed on opening this morning, the official rata being 2a. 2d. 28. 24d. Inter-bank rates were sellers and 28. 2.13/16d. buyers. The market is extremely dull, no business being reported.

In London, silver was Un- and changed yesterday. India speculators bought, while Ching sold. On opening, the market was steady. Reuter reports that after the official fixing the market. was quiet, business was reported done at about 1/8th under the fixed prices.

MURDER CONFESSION

ALLEGED DICKINSON SLAYER

CAPTURED

1035.

RADIO

BROADCAST Summer

Relay from Daventry Of

Test Match Scores

RECORDED MUSIC

From Z. B. W. on a wavelength of 355 motren (845 kilocycles),

4-7 p.m. Chinese Programme. 7 p.m. Stock quotations. 7.03-7.28 p.m. Quartet in D Flat Major, Op. 15 (Dohnanyl) played by the Flonzaley Quartet.

7.28-7.43 p.m. Yocal Gems. Down in Demerara (Traditional). (a) Riding Down from Bangor; (b)

Solomon Levi.

Raymond Newell and the B.B.C. Malo Chorus.

Drinks all Round.

7.43-6 p.m. A Pianoforto Recital by Alfred Cortot. Ballade in G Minor (Chopin, Op. 23). Rigoletto-Paraphrase do Concert

(Verdi-Liszt).

8 p.m. Local Time and Weather Report.

8.03-8.40 p.m. Relay from Daventry.

8.03-8.30 p.m. Joseph Muscant and the Troxy Grand Orchester, re- layed from the Troxy Cinemia, Lon-

don.

Continent must fall to Japan.

FULLER REPORT with all the consequences that en-

London, July 1. tails for the rest of the world, or

Mr. Anthony Eden, Minister for there must be war. The future of dupan as a race, it is contended, lies League Affairs, in reply to a ques

George Lansbury, between success in colonial exploitation by Mr. tion and internal impoverishment Leader of the Opposition, made to the point of disruption, and the

a statement in the Commons re- author holds that the glib con- garding his recent visits to Rome

Fort Wayne, Indiana, July 1. By nine o'clock there was a big clusions that Japan's expansion will and Paris. The objects of the

the ground floor be checked by economic limitations Paris visit, he said, were to give The police have made a gathering

sen- when the Acting Chairman deli-are subject to serious question. the French Government a full and sational arrest and gained a co

The pressure of population is refrank explanation on the subject fession to the Dickinson slaying vered a speech of welcome.

garded as un apology after the fact, | of the Anglo-Germa Naval less than a week after the crime not a reason for the fact; and in | Agreement, and to consider, in was perpetrated.

with the French A man named William Schweit- Mr. Lj Koon-chan sald:-in the so far as Japan is not actuated by consultation

and Government, ways and means of zer was arrested last night with Chairman Sir purely military ambitions Shouton Chow from the Colony, strategien considerations, its desire making progress as quickly as pos-hree girls, and after a gruelling on neenunt of his health, I have for control of the Far East arises sible with the negotiation of all examination by police lasting a

matters enumerated the Lon-night, has admitted guilt, mach pleasure to extend to all off from economic need.

Howard Carter Dickinson was d the Directors does not belleve that the Japan- don communique of February 3. you on behalf of

cordiale people will check their militar-He gave the French Minister an wealthy New York lawyer and and the management a

account of the contents of the social figure and a nephew of Chief welcome at this opening ceremony ists, or even that they want to.

Anglo-German Agreement and Justice Hughes. His body of the new and permanent bulld

Holding that only war will stop

described to him the eireum- found in a park at Detroit on ing of the Bank of East Asia, Ltd. Japan in her ambitions, Mr. Peter stances in which it was negotiated Thursday two miles from where Reminiscences of Scotland (arr. In doing so I wish to give you a

says only three countries come into

was picked up. There Godfrey).

9.12-9.30 p.m. A Welsh Program. brief history of the Bank's develop. the question-Great Britain, Itussig and the reasons which had led his coat

His Majesty's Government to eon- were gunshot wounds in his chest. ment.

and the United States. He rules plude it. M. Laval xplained with Dickinson always carried a large

Little Welsh Home war between Japan and Britain as

Songs of the Welsh Mountains"- possibility too remote for serions Squat Trankiness the view which sum of money with him and in-Song-My

Willanes). consideration; sees a possible clash the French Government took of vestigators were puzzled by the this Agreement. He also explain-fact that although his money was

Leila Megane (Centrallo). with Russia; but mostly inclines ted his view of his bearing apougone, an expensive watch he wore Song-Cywydd Y Gef (The The view that war will come be-various European problems, in had not been taken.--United smith's Song) (Hiratḥog). tween the United States and Japan, the solution of which

William Edwards (Tenor). This latter contingency is based on cavernments are engaged.

the tavo Press,

Chorus-Y Delyn Aur. a submission that the United States

It was seventeen years ago on

Į

Mr. Peffer

EUROPEAN ISSUES

was

EXCHANGE RATES

June 20. 74.38/68 15.06

12.214 516

November 11, 1918 when the whole World was rejoicing over the cessation of strife and bloodshed in Europe that a group of well- known merchants headed by Sir Shouson Chow got together and brought into being the Bank of has taken a stronger stand against East Asia, Ltd. It was on this

Japan aggression than any other memorable day that they signed Power that it has indlested in

It was recognised in the course

for

Paris... an agreement and undertook to

unmistakeable terms that it expects of the conversation that

settlement organise this bank and supply its

of thene questions, Geneva. Japan to get out of Manchuria. original capital. Their enterprisehe Stimson Deetrine is viewed by such, for example, na the Air Pact Berlin.. at once met with success and on

Mr. Poffer as more than a refusal and Air Limitation Eastern Pact. Athens

Milan January 4th, 1919 the bank was

the Central European Pact and to recognise Manchukuo: he rou-

Silangai formally opened with iL paid-up

an agreement on land armaments, New York. siders it as an unequlyoend com- No. 2, Capital of $2,000,000 at

collaboration between Amsterdam implying action. This close Queen's Road Central. The first int

Britain Was Vienn readings of the situation will not France and Great Board of Directora consisted of

"These are, howeyer, Prague.

Bucharest interest Sir Shouson Chow, Measrs. and general endorserient: the net necessary.

remains Hut Japan is still in Man-questions which do not

Madrid. Koon-chun, Chan Ching-shek, Kan

We are Lisbon 2. churia, and, what is more, is ex- France and Britain alone. Ying po. Wong Yun-tong. Mok Ching-kong. P. K. Kwok, the lateing her domination 15 North therefore at present seeking, In Hongkong.

China. It is possible, also, to conjunction with the French Gov- Hensel. Mr. Pong Wai-ng, the late Mr.

query certain other ronclusions ernment, the form of collaboration Bombay Ng Tsang-luk ant the late Mr.

the Yokohama. designed Feuched by the author. None the l

Belgrade.. Tonk-po, as its Chief Manager faul Mr. Li Tae-fong its Assistant Manager.

secure

69.9716

.1/7

1.94

8.30-8.10 p.m. England v South Africa. A running commentary by on the Captain I. B. T. Wakelam third day's play in the second Cricket Test Match. Relayed from Lord's Cricket Ground, London.

8.40-9.12 p.m. Band Music. March Slav (Technikowsky). The Black Domnino Overture

(Auber). Zampa-Overturo Herald, ITT.

Godfrey).

me,

Black-,

Rhondda Woith Gloo Singers. Song Cyniru Annwyl (Deur Wales)

(Roberts,

Laila Megane (Contralto). July 1 71.00 Molawd Cymru (Praise of Wales)

(Geirlonydd and Wwlyd).

William Edwards (Tenor). 9.30-10 p.m. Variety. 59.17:32 Orchestra-The Phantom of a Song, Holiday Orchestra-Radio Tunes,

15.05 12.24

515

4 Organ Solos--Lover, Came Back to

Me.

61 Organ Solo-One Kisa,

118.9/164

Jod Vocal-Drury 35.15/16) Memories.

110

1/23/32

Lune

Reginald Foort.

Pantomime

Columbia Light Opera Co. Holiday Instrumental-Canadian Capers,

The Six Keyboard Kings. 29.15 176,6782| Yoca! Quartel-Young and Healthy. The Four Musketeers. Ba Banjo Solo-Melodies of Yesterday.

215

Ken Harvey. Reuter Press Bulletins, 10.03-11 p.m. Dance Music.

7.44

1175

4825

AFOA 2/27/16 .29.20

20.5/12 1844732

215

4.94%

10 p.m.

20%

15

312

31

106

Silver (forward),31,57 [6

-British. Wireless.

ZEESEN PROGRAMMES

This Evening's Broadcast From. The German Short-Wavers

Sp[] Brigrammee Eur FAY Extern

Fung Ping-shnu, with Mr. Kan ss, Japan and the Pacific" is a Fulfilment as quickly and com-Montevides.

rontribution of distinct value to pletely as possible by all countries untreal.. Furrent discussions of e Far of the programme of the London Helangfors, Eastern questing, and once the communique.

Ric anther's main premises are con

"At the close of the discussion Huenos Aires, ...15 geded, the conclusions reached may upon these same subjects, which Silver Spot). 4811/16 he said to rest in a logical basis. I held subsequently with Signor War Loan.... ..100%

Mussolini in Rome, we were happy to be able to record agreement as continuing to the possibility of

appense. Amongst the passengers booked initiers will be browdenat from Zersen u to work for European ment in accordance with the guid-Europe to comeet with the "Empress Folle

of Ada" from Vancouver, on

SOUTH ARIA ZONE June

South Aula Zina, brondenat from ing principles inid down in

29 are the following: Miss Helen (10.74 metres) and JN (11,40 metru), London

Gibb and Lady Veronica Bruce, Kobe Stresa resolution.

to Hongkong, round the world pese sengers; Mr. N. D. Gyr, of Culenta, to Hongkong: Mr. M. A. Fersur; Me and Mrs. A. C. Young, of the Asiatic Petroleum Co.

The first few years of the bank's existence were characterised by rapid progress. In 1921 the au- thorised capital was increased to

"THE KING'S BOOK" $10,000,000 with a paid-up capital

several well- One of the most artistic and * $5,000,000 and known merchants were invited to volontul of the Siker Jubiler join the Board of Director, At publications is "The King's Book", The sanie time it was found that printed and published by the well-

and communique premises at No. 2 Queen's known house of Raphael Tuck and Ltd. This book of "The Road Central was inadequate to Song,

with the bank's growing Family of the British Empire" is business and eventually the pre- dedicated in flis Majesty the King. sent site known as Nos. 10 and and as a piece of workmanship it 10n Des Voeux Road Central was is well up to the high standard zet

the

copu

the

the

ABYSSINIA QUESTION "There is now therefore reason to hope that the best line of

acquired with its building thereou.y this famous firifish publishing negotiation may shortly be found.

STEADY PROGRESS

For the past sevi ateen years since the bank has been founded.

tures

this arrangement, save grazing rights for their tribes in such territory as might be ceded to Italy.

DJA

1J11

DJN DJ

4.45 1.4

Sp.m.

DJB.

19.74 m 15.200 ke 1.30-3 24.09. 19.76 m 16,200 ke 4.47-8,75 puan. 31.45m 0,540 ke 4.45-1.10 pan. 19.34 m 13,20 ke 9 p.m.12.30 am. DIB, DJN Angnuncement (Geppo.. Eng German Folk Bong. Tr@= Kramme Forecast (Greman, Ing. Haute).

Churuses and Burgs about Hummer

and Sunshine.

5.10 p.m. News In Engilah.

5.15 p.m. Relayer from Hamburg: tierman Music on All Kinde ol Folk Intruments.

8.45 m.

7.m. Am

New In German, Concert of Light Munle, News in Engllıh

1.13 p.ro. Clows down D10, DIN (Germ..

Engli

KAST ARIA ZONE East Asia Zame broadcast through DJQ on

how at 2 point

* p.m

0.15 ..

9.15 p.m.

DIQ. ' Announcement (Gerto.. Engl) German Folk Bong. Pros gramme Forecasi (Germ., Engij.

haruses and Songs about Hum- mer and Sunshine.

News In English on

in Dutch on 13).

bja And

to p.m. "The Four Artful Dodgers." A

Maclod Puree by Cotxe, 11.13 p.m. News In German on 134 and,

EN, 11.30 p.m. Current Evento. 31.65 p.m. Works by Walter Nieman and Hugo Hermana, To Haur Oskar Hanne (somber Orchesten. (Continued on Page 5)

With the consent of His Moreover, cannot doubt that prepared to offer to Abyssinia p In 1921 after work of remodel-Majesty, the profits seruing will although the three Government strip of territory in British Somali ing the building at No. 10, Deshe devoted to son philanthropic may not attach the same importland, giving Abyssinia access to Voeux Road Central was completed work in the United Kingdom and ance or ascribe the same urgency to you. This proposal was intended to the Bank motrd into the ohl

Overseas approved by the King. all the various items of the pro-facilitate such territorial *and building, stood at the present site. and carried on its busines, until The King's Empire broadcast of gramme, it should be possible 10 economic concessions by Abyssinia

agree upon a method whereby, into Italy as might have been in the summer of 1983, when it was last Christmys is included as a again found that the space was frontispiece, flanked with the roats free and equal negotiation with valved in an agreed settlement. barely enough to accomodate its of arms of various Dominions and other Governments, they may onlte His Majesty's Government would 116.990 kr.) 1.40-3 cm. Concert, large number, of staff and to cope Colonins in celo, waist the to contribute to the solution of ask for no concession in return for with the ever increasing activity official dubilee portraits of Their these problems.

"I now turn to the discussions of its business. Consequently the Majesties are printed in sepia. old building together with the Next comes a sonnot by John Mase between Italy and Abyssinia in Godown at No. 10A, Des Voeux field, the Poet Laureate, and then regard to which I had conversa Road Central were demolished to follow special contributions relating tions with Signor Mussolini. ex." "This suggestion was not lightly make room for the present new to the Mother Country and the pressed to Signor Mussolini made and only the gravity of the building we are in to-day,

Overeem possessions. These are grave concern of His Majesty's situation could justify a cession of written by John Drinkwater, Government at the turn which British territory without Arthur Bryant, Sir Phills Gibbs, events were taking between Italy equivalent return. I much regret Sir Walter Lawrence, Sir Wilfred and Abyssinia. Our motives were that this suggestion' did not com Grenfell, andl lan Hay, with an neither eguistic nor dictated by mend" itself to Signor Mussolini. epilogue by John Drinkwater, our interests in Africa, but by our who was unable to accept it as a It has run a course of steady pro-Each of these contributions is set membership of the League of Nasis for a solution of the dispute. gress and expansion, and the new building with its many new fea- off with a beautiful colour design. Lions. I said that British foreign On my return to Paris I gave M. which have been skilfully several artists being Charles policy was founded upon the League, Laval an acount of what had pass- designed by our architect Mr. C.obinson, Jaba Littlejohns. W. E. His Majesty's Government could ed with Signor Mussolini".

Webster. Fred Taylor, Title, will be a fitting home for Nicholl, Bernard Gribble, Kenneth events which might profoundly question, the Foreign Secretary Gordon not therefore remain indifferent to Replying to a supplementary the Bank for many decades. of Years. In this new building I hope The whole is enclosed in royal blue this issue, public opinion in this to give further information later. Shoesmith and George Sheringhani, affect the League's future. Upon Sir Samuel Hoare, said he hoped for dealing with their daily souvenir of a historic event. our clients will find every facility and silver covers. In all, a worthy country felt very strongly. The Government regarded the tine business

was only through gällective security issues as very urgent and had the least possible delay, and I trust that

that, in our judgment, peace could them under their special and they will continue to extend to us

be preserved, and only through the constant consideration.-Britisà their esteemed co-operation in the

League that Great Britain could | Wireless, development of business generally. The Directors in making their

THE NAVAL PACT

decision to incur this heavy ex-

London, July 1. penditure to build this magnificent I think the bank may be proud "It was for this reason that

Replying in the Commons to a homo are showing their faith in that such a distinguished gather His Majesty's Government... had question on the juridical position of the future of the Colony, a faithing has honoured us to-day with been anxiously studying whether the Anglo-German Naval Agree that will remain unshaken by the their presence. On behalf of the there was any constructive con- ment, Sir Samuel Heure said it in -present trade depression.

Board of Directors and theirībution which they could make no way affected the rights, whether management, I beg to thank you. in order to promote & solution. arising from Part Five of the then described to Signor Mussolini Treaty of Versailles or otherwise, Itefreshments were served later the kind of contribution which is of any country not a party to the tails of our new building which and those present took the o Majesty's Government had in mind Agreement, and in no way affected you will see for yourselves pre- | portunity of inspecting the magni- sently. However in view of the ficent building, the architects of fact that we were the first bank to which were Messrs. Little, Adams introduce the system of Safe De- and Wood. posit Boxes. Into the Colony I wish

with

I do not think I shal detain you any longer by giving you full de-

is protected by a heavy steel play her full part in Europe. circular door built by Safe & Lock Company.

the York

to draw your attention to the Safa A detalled description of the Deposit Vault on the mezzanine building floor. The entrance to this vault published:

already beon

BRITISH PLAN

and which I was authorised to the rights of the United Kingdom make to him as a tentative sugges- arising under Part Five in respect tlon. This suggestion was, broad-of any malter not directly covered ly speaking as follows:-To obtain by the Agreement. The Agree- final settlement of the dispute ment would be registered with the between Italy and Abyssinia, Ila Lenguo in due course.-British Majesty's Government would be Wirelesa.

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