1938-03-25 — Page 15

Insurance Company's Expansion

The Fifty-first annual report of thei Manufacturers Life Insurance Com- pany for 1937 shows marked pansion.

Bonda

ex-

comprised fra l

THE

HONGKONG - TELEGRAPH.

LETTERS TO THE EDITOR

To the Editor,

Hongkong Telegraph.

NOT EXTENDED

no

Cor strength. Japan is

thumb method!

He who laughs inst, laughs lotidest.

WONG NYE NEX.

Japan's

's Contribution

FRIDAY

Japan To Talk With Hawaii By Telephone

Tokyo, Mar. 24.

The radio telephone between here and Honolulu will be formally in- augurated on March 25, the Ministry of Communications announced day.

The opening ceremony to-morrow' at noon will include exchanges of greetings between Mr. Joseph Grew, American Ambassador in Tokyo, and Mr. Joseph B. Poindexter, Governor General of Hawail, and be tween Mr. Seijiro Yoshizawa, Direc- tor of the Foreign Office's American Affairs Bureau," and Mr. Kosaicu Mizusawa, Japanese Consul-General at Honolulu.

Mar. 21. Mar. 24.

162

21.64

אלטש,

Sir, I have been a resident of

Sir-Not satisfled with the indes New Insurancos, including deferred Hongkong for dye years. Although annuities, amounted to £12,861,014, a Japanese by birth and in senti- cribable destructions already done in again of £702,437, over the pre-ments, I am greatly annoyed by a let-China, together with the Jeopardizing ceding year. Insurance in force, inter which appeared in your Paper of menace of Japanese aggressiveness in significance to- cluding deferred annuities, amounted March 23. While sharing my fellow ever increasing to £114,356,580, an increase

kers, a courageous with us a courageous son of the JR4,930,593 over 1938.

ing with him that the Japanese Army eng

Rising

Sun, voicing for his country's Income was the largest in the In China has been and will continue Company's history and amounted to to be invincible, may I point out to righteousness in their present China £6,607,285. The ussels increased by the readers of the Telegraph that campaign, in order to decoive local

residents once

that their minar reverses in a protracted cam Te

dogtal

Divine 812,315 and amounted to

Right paign are matters of utter insigni- soldiers are destined by

and greatest soldiers

The charge for a three-minute 338

.ns follows: Government and fleance and that our best troops and to be the bravest and

will be on earth. We also receive denials conversation

усл 45 Government Guaranteed £9,754,315; our most formidable Navy have an car Municipal and other Public hardly taken part in this war, which of Japan's defeats in the northern Reuter Special,

our full sector. How interesting! It is re Securities £4,822,000: Public Utility is by means taxing Bonds £2,318,183, and other Cor

ง first-class grettable that the truth is always un- parate Bonds £1,380,831.

First power. She has no need whatsoever pleasant and generally not accepted There have call upon her crack troops to face readily by the losers. mortgages on real estate amounted to

It been denials in Japanese head- £3,311,820, of which £4,034,657, is China. Not until she is pitted a quarters, which has proven most un- Page on urban properties and £1,307,103, another first-class power or combinar reliable. This practice amongst the on forms. Investments in preferred tion of powers will she then display Japanese has become so common that and common stocks amounted to her real and potential power. The when the truth is told, it is only £1,562,180,

West will know Japan better when mildly accepted by a small minority Payments to policyholders and that unfortunate eventuality comics.

in the world. beneficiaries totalled £2,747,783. Of

Cagen. May I also point out that our

We are again told that "the Euro- such payments the sum of £1,877,943 diplomatic and military spokesmen was paid to living policyholders, in-huve repeatedly told the world that peana in Hongkong, do not realise that Helsingfors cluding £870,597 in dividends, while Japan has no real territorial ambition greatness of our soldiers". Unwar Shanghai. -£809,840 was paid beneficiarica in

as it is, local Europeans, I

New Yo death claims

in China, but that knowing her posi-ranted Hon in the Orient she is determined believe, are fed up of Japanese claims. Vienna... Policy and annuity reserves

China to prevent

from rom created to £26,004,104,

becoming Fortunately, we, in the twentieth- Amsterdam. The reserve communistic or a

of Sovici century could perceive without dif- Pra part policyholders Russin. If

ond merien feulty the acts committed by divine Europe amounted to £045.205. The contin- could only understand the Far Eastern right soldiers in China is barrarism. Listin

Increased situation a little better and see things This is Japan's contribution to modern Hongkong. £20,348 to £431,507, while the un-in a detached manner,

Bombay assigned surplus

they increased feel grateful to Japan for what £85,018 to £700,005,

Under cover of well designed pro- attempting to

to do in China instead of paganda, sprinkled the world over SOUTH CHINA OFFICE

the war by by their respective agents, Japanese Belgr helping China to prolong supplying her with armaments A aggression, announced by Prince Bucharest The Company has 76 Branches all a frue friend and a great admirer of Konoye, is only to crush the Chiang Montevideo. over the world, including all the prin- the English people. I should be most Kai-shek government. Every effort Rio de Janeiro cipal outposts of the British Empire. disappointed in England if she in- is made to deny Japan's teritorial Silver (Spot)....20 The Chief Oflee for South China insisted on misunderstanding Japan,

Plain facts

carefully pre- Silver (forward).20 at Shell House under the management who was once her ally and friend. It and submitted for of Mr. E. J. R. Mitchell, ably assist-is

public Bigh

West take time

that the

usal herewith admitting their soldiers War Loan......101

conquered Pelping Tientsin, surance Underwriters who are able occupies a special position in the Far to give the best advice and service Divine Will to be ruled by Orientals Chinese city to another thereby signl-

East and that the East is destinied by soldiers have marched from to all policyholders

one and prospective clients. The Company is also able themselves. I thank you for the

ficantly reveal Japan's acquired am to service all policyholders going on space given to me in your paper. bitions. What

more

evidence do we leave, who may wish to pay their

want? No foreigners by now, I be premiums through any of the Great Britain Offices of the Company.

lieve, save the insanes believe in Japan's utterances. Yet, it is claimed in black and white that Japan's soldiers are for the better for China and the peace on earth and goodwill to mankind.

for

dividends to

been

woa

gency reserva has

in-

America

10

civlilzation.

is

aces

EXCHANGE RATES

Paris.. Geneva.. Berlin. Allens Milan Olso.

.102?

.21.63%

12.37

12.374

-647

54744

04

04%

044

10.90

19:00

19:00

22.40

22.40

19.42

1042

220%

225.78

22614

2206

1/2

1/2

York.

.4.003%

4.0816

.2016

2012

-0.07%

8.97

142

1929%

14214

Nom.

1/2

1/2

.1/64

1709

1/0

.29.30

.1/118

1/1.32/32

20.484

.210

218

216

.677% .21 .211

677%

214

41.77

20%

2034

101%

Maar

.4.96%

110&

4.98%

-British Wireless,

ed by a number of expert Life In- cognizance of the fact that Japanghai, and Nanking and also the without which the war would have

arc

A JAPANESE RESIDENT

FAITH IN CHINA

long been over.

MARCH | 25, 1988.

Another aspect of the position is that Japanese excauses are really marvellous. They can explain any- thing from the sinking of defenceless junks and machine-gunting their crews, bombing civilians, pilfering and pillaging.

It is pity the world cannot un- derstand that Japan is merely acting In self defence and for no other

X. Z. P.

TCASON.

1

JAPANESE DENIALS

Advice will be freely given to anyone regarding their life insurance Sir, I read without little diffidence irrespective of whether they are a letter pubilshed on Wednesday. policyholders of the Company or not. has not yet defeated China, and that Does the writer realise that Japan The agents of the Company specially trained to show to the the orthodox method of occupying pubile the advantages of income cities hundreds of miles apart means settlements to their

beneficiaries no conquest of a vast and spanning rather than lump sum payments country? These income settlements are avail- able under any policy sold by the way because of shorter firing range,

Chiang Kai-shek's soldiers Company who are willing to point nothing short of that fact. out the advantages to anyone desirous China has faith in the strategy and of availing themselves of the op-acumen of her Generals, because they portunity,

I are more practical and advanced than for replacement by more capable and seems to invite comments.

EXCHANGE

Selling

T.T. London Demand

T.T. Shanghal T.T. Singapore T.T. Japan T.T. India

TT. USA.

TT. Mantla

T.T. Batava

T.T. Bangkok

T.T. Saigon France Germany T.T. Switzerland -T.T. Australia

Buying

4 m/s L/C London

4 m/s D/P do.

4 m/s L/c USA,

4 m/s France

30 d/a Indlan

U.S. Cross rate in London

U.S. Cross rate in New York

gave

those of the invader's best General, number three or two or one.

Japan is not God! She is only an- other nation, not better than others. So what divinity have her soldiers over things materials? If so claimed, they must be physically immortal and infallible. But, contrary to their mitted errors, Japanese headquarters claim, Japanese militarists have com-

have admitted their soldiers dead in battlefields, and Japanese military chiefs have been recalled to Japan inen. Why? They are only human like others. Japan's soldiers are now "trapped"

Hay Japanese selentists, who noted by their own folly, and the fact that for their research work, devoted more

time they are now facing the surrounding

energy to searching the and and dividing Chinese soldiers prove lines, it would have saved Japan's re- truth of Divine Right along scientific that Japan is beginning to lose c 18. 241

putation and friendship with other 15. 21

ground. 1041/4

Japan's position herself is noth-powers, thousands in men, and mil- but alarming and appalling to- llons in yen. Greatest and most im- 52 ing

of all, it would have 1053 day, and the past spasmodic efforts portant

approach for the so-called "better saved China's millon plightful souls

JUDJE KUNA Tao. and peace for the Orient" if China sur- .30%

renders attests that Japan fears her 01%

own foolish and hasty actions, 55A own 15014

writer

that ~ Chry

0144

55

cause the

BOYS

JAPAN'S EXCUSES Sir,-A true Japanese patriot has endorsed his Consul General's letter and proudly declares that Japanese troops are the best and bravent in the world and have a Divine Right to rule.

Na Japanese soldler can do any wrong-under perfect discipline they

Wednesday 984 Napoleon would blush with be- the "Conquering heroes march 9.00 from one Chinese city to another"! 13314

74 Is there any historian who will agree? soldiers has yet to cross Japan's 1/674

over the Alps to

to prove the superiority of her Generals, or to win real deci sive victories with boy soldiers only. .1/3 Can Japan .1/3.3/32 China on an equal footing, equal

31arms and men? 18.05 Japan's method of propaganda is Japanese cannot fall to win any ..234 to "ably deny losses and retreats but war. Her Navy is supreme 4.08% to magnify little unimportant vic-Japanese ships are unsinkable.

tories

a magnificent rule-of- So much for Japanese propaganda

on

Sir,-A correspondent wrole in

defeats of the Japanese Army your correspondence column Wednesday that the news of recent in North China is sheer propaganda,

The letter is both naive and amusing

ever

Hongkong and the Chinese do not He says that the Europeans in realise that the Japanese soldiers are "the greatest the world has seen": that Napoleon would blush when his achievements are compared with with the achievements of the Japan- ese Army to-day; and that "the sooner the rest of the world and China know that our soldiers are bravest and the greatest soldiers on destined by Divine Right to be the earth" the batter for the world, etc. The writer denies that there ever

"the

which rape of Nanking" was published

shed in the press last week and which he BOYE, "was ably denied by our excellent Consul General,"

questioning the "ability" of the Japanese people at denying things. As a recent writer has so aptly and wittily expressed It" hard put to it, the Japanese Government and people can even deny that

was

But no one is

do that? Will she fight have marched from city to city almost called Nanere ever was a place

and

without oppposition. No casualties It is a psychological fact that when can be sustained.

n people deludes itself with its own greatness and persists in suppressing or distorting the truth, in time they will

fall

to recognise a truth when they meet It.

Perhaps Japanese news and Japan- ese public opinion are so standardised and "cooked", that the people are only permitted to know or to believe what their militarlets would like them to know. If that is the true position in Japan to-day, we can only extend our sympathy to the poor benighted people of Japan.

's. W. P.

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NO INTENTION TO MISLEAD

Sir-In a Reuter telegram in your issue of yesterday, reporting the Pope's protest to General Franco regarding the bombardments of Bar- cclono, there appears the following paragraph

"It is stated that 26 priests were killed when the Insurgents re-entered Teruel, while two churches which remained standing were sacked by the Insurgent troops".

This immediately follows a pars- graph beginning

"The Pope

also pointed out, but one would not be so uncharitable as to assume that this very impartial news agency intended that renders of this item should be led to bellove that the above "facts" were actually "stated" In the Pope's protest, and that the Holy Father had charged General Franco's troops the crusaders of Catholic Spain with having mur- dered Catholic priests and sacked Catholic churchesi

It would have been interesting had Reuter been able to tell us what use. had been made of those two churches during the occupation of Teruel by the Reds,

TRENADO.:

To all authors of unpublished letters: It is not proposed to print further matter in connection with

the the

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ine deputee to whether or not in Count the "TELEGRAPHS

danese army has suffered reverses BADS AT The can surefully, be

blect has appeared

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