1938-05-06 — Page 17

THE HONGKONG TELEGRAPH,

FAR EASTERN MIRROR

Some

A Fortnightly

Interesting Articles in the Present Number:

A STATEMENT,

By Madame Sun Yat-sen

APPEAL FOR REFUGEE CHILDREN,

By Madame Chiang Kai-shek

FAREWELL MESSAGE TO THE CHINESE PEOPLE,

By Bishop Logan H. Roots

NEW WAYS OF FIGHTING DEATH,

By Robin Hyde

MR,

SUKIYAKI,

By Emily Hahn

THE FRIENDLY ROAD

QUESTIONS ABOUT JAPAN

THE CURSE OF WAR

AMERICA'S BLOOD GUILT

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SYLVIA, CHRISTIAN BANISHEE GOES

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Pearleaf In Typhoon

FRIDAY,

MAY

GUERILLAS

ADVANCING ON PEIPING (Continued from Page 1.)

have succeeded in recapturing aver 10 towns.

6, 1938.

1936 EVIL YEAR FOR BUSINESS

(Continued from Page 1.)

per cent to 64.64 per cent, leaving uni underwriting surplus of but 6.43 per cent, as against 14.92 per cent. for

1030.

The flaure of income from interest activities дго Chinese guerilla

fell by approximately $30,000, this spreading over a wide area, Taming

being due to the number of conver- In southern Hopei, Fonni in northern slons and repayments that were made Honan,and Linising on the Hopel-in respect of glit-edged stocks. dur- Shantung border, are surrounded by

ing the period under review; we feel Chinese querillas-Central News.

that we are fortunate to live kept It where it is, seeing how many dim- Japanese Success, In

eulties appertain to the investment of funds in these days, N. Honan

Chengchow, May 0. Japanese forces aided by Chinese rebels under the former bandit leader, Generai Liu Kwel-tona, cap tured

Chinotso, on the Tasching Railway in northern Honan, on May

4.

Chiaotso is of strategie importance to the Japanese in the defence of Po A, which they captured some time ago. International.

Shanghai Report Of Fall Of Hofei

Shanghal, May 6, Japanese planes vaaterday bombed Hofci, the Elwainan Railway. during an alr raid over Shantung yesterday.

on

The Shanghai Times reported this morning that Hofel bad fallen into Japanese hands, but confirmation

cannot be obtained. On the other

hand. Chinese troops advancing from Hotel to the south-east are stated to be closing in on the Japanese Et Chnobsien.

Heavy Japanese reinforcements are being rushed to Pengpu and Hwaluan on the Tientsin-Pukow Railway, where Hsuchow is the prin elpal objective.

A large force of Japanese whe crossed the Hwn River are attack- ing Kuhsien, 51 miles north DI Pengpu. Chinese troops are vigor ously defending the north bank of the Fei River, south of Kuhslen.- International, 1

Japanese Strike North

Honkew, May 6. With the launching by the Japan- ese of a fresh northward drive from Anliwel

severe fighting in the widest ares so far seco is raging on Tientsin-Pukow Railway front.

the

MUSSOLINI SEEMS TO FAVOUR FOUR- POWER PACT

(Continued from Page 1.) military ties between the two coun tries forms the subject of the present discusalons, he neverthelesss lets it be understood that the Berlin-Romo Axis is something more substantial than a political allance.

After stoting that on the occasion of his present visit Herr Hitler will have been able to convince himself of Italy's military power and the tremendous proposed expansion Italian naval power trom a navy of 200,000 tons in this year to 700,000 tons in 1941, he goes on to any:

of

The political co-operation between Italy and Germany which hins found its expression in the term of the axis" has for its constructive Euro-

WORKING ACCOUNT

The balance at credit of working account 1937, ns at December 31 last, slauds at $2,363,003.87 an increase of $151,033,05 on that for 1930 at the same stage. With a vivid recollee-pean objectives, as for the protection tion of how sadly 1930 let us down in of the interests of both nailons, this respect, we refrain from making legitimate and convincing background any prophecy as to the final out- turn but judging by our statisties und, Added to this is the power of Ger- of Italy's imposing armed power. granted-no repcution of the 1936 de

many badie, we feel that it should give no

cause for complaint,

the

whose excellent technical equipment and military traditions wo were able to admire during our visit A review of the balance sheet willn Berlin last year. Those friend- show that the total of assets is down ships are most useful and most desir- by $380,000.04 and £22,000, 6. 4, as able which do not exhaust themselves expressed in Hongkong currency and in passivity and in quest for help sterling. The reinsurance fund is but which on the contrary are cap- up by $201,824.00 and £12.008. 17, 8. able of rendering help. [up

respectively, the underwriting aus pense necount by $9,403.02 and £500, 10.

10. 2,

the investiment while and exchange fluctuation account re- veals decreases of $483,434.05 and £29,962. 17, 11; these last being due to the fall in prices of securities, both sterling_and local currency, as quot- ed on December 31 Jast,

"It is well that the world realises anew that Italy is strongly aimed and will continue to arm and that the Berlin-Rome axis owes its strength to other instruments than those of spirit and will power." Trans-Ocean.

Japanese View

The care of funds is a difficult pro-

Tokyo, May 0. blem under present world conditions

Conversations now under way in and you will have read the note that Rome between Prember Benito appears in the report relative to the Mussolini and Herr Adolph Hitler Company's investments in Shanghai should be looked at "with new eyes (given below) and which not only for a New era," the Asahi Shimbun, has the approval but was inserted at influential Tokyo daily, said to-day. the

""One should be accused instigation of our auditors. As

tot un these investments are entirely coa-anachronism in Judging the conversa- ained to first-class debentures and tlons between Il Duce and the Fuchter mortgages, the whole of the latter be- According to the old idcns of the ing within the defence areas, and German and British Rchools," he as all interest to the end of last year daily declared. had been received, it was considered that in the circumstances no market quotations being

available the method we have adopted was the only reasonable one. The position is undoubtedly most difficult and the future obscure.

1

SUBSTANTIAL FIGURE

The objective of the Japanese drive, according to competent mill- tary observers, : 10 relieve the Chinese pressure on the north sector of the railway line and to capture done, our investment and exchange Hsuchow, in order to bridge the gap

fluctuation account stands at the Aub- between the north and south sectors.stantisi ngure of $2,300,102.01, or

Operating with Pengpu and Hwai- yuan on the south bank of the Hwal River FL3 bases, two Japanese columns, numbering 20,000 men, are pushing in the north and north-west directions to launch an cuveloping movement on Houchow. Fierce Oght- Ing has already broken out on the banks of the Fel, Wo and Hwal Rivera.

All other investments and mortgage loans have been included, as Mts- tomarily, at or under market or face MAS | value respectively and, after the has been necessary writing down

£140,830.14.8 as expressed in sterling. The surplus to be dealt with is $972,305.41 out of which has been paid an interim dividend of $5 per share. We now recoinmend a final payment of $8 per share, making in all $13 per share, which will absorb $000,000, and the transfer of the balance of $322,385.41 to underwriting suspense account, to close 1030 and Reinforced by about 1,000 men, the

previous years. The balance of $2,- Japanese troops which have stolen 363,965.87 at credit of 1937 Account across the Ilwai River, made allows of the payment of an Interim renewed attack จด the Chinese dividend of $5 per share for that year, positions at Buchlakow, on the south leaving or amount of $2,113,985.87 to bank of the river, yesterday morning. be carried forward. Bringing their artillery into action, the

the

an

shelled Japanese heavily Chinese Imes. In intervals of hair hour Japanese infantry units charged the Chinese lines. With their defence work totally denollshed by Japanese artillery Are the Chinese withdrew across the Fel River toward evening.

I do not propose la infillet on you the short- lengthy dissertation on comings of marine Insurance, about which so much has been fitien; sul- fee it to say that the year 1936 was must unsatisfactory, more particularly with regard to London underwriting where the hopes engendered by re- sults from 1929 onwards though

We are

Push Towards Hsuchow

definitely waning in 1933/1935 crashed very badly. The main rea- Meanwhile, a Japanese column to pushing northward along the sons for this were undoubtedly exces- Chaohsien-Hofej highway also with sive competition, the high cost of re- Hauchow

Its objective. The pairs and the unusually bad weather Japanese vanguard of about 200 men that was experienced in Europe during

the

winter of 1936-1937. reported

reached Hslakochen, 7 miles north-west of glad to be able to inform you, how- Chachsien.

Chinese reinforcements ever, that our London friends are now bsien and its more optimistic as to what lies ahead, NTE pressing on Chaobsien and vicinity to checkmate their advance. owing to drastic changes that have On the northern sector of the been made in rates and conditions. Chinese There can be no doubt that London Tientsin-Pukow line the

have received some

have

"The relations between Rome and Berlin differ so greatly from those between Britain and France that, even if there does not exist a military alliance or written agreement, Ger- many and Italy will naturally carry out co-operation or come to termIS whenever necessary in the light of their national policies," the "Asust added-Domel.

KING'S BIRTH DAY REVIEW PLANNED

(Continued from Page 1.) Excellency during the March Past: The Commodore, Hongkong, Commo- dere E.B.C. Dicken, O.B.E., D.SC., Royal Navy the Officer Commanding The Royal Air Force, Group Captain A. H. Peck, D.5.0,

HR and the Commandant Colonel R.C.B. Anderson, M.C. During the March Past the Parade Commander, Brigadier F.W.L. Bis- sett, D.S.O., M.C., will also join His Excellency,

Liout.-

After Marching Past the Parade will reform line.

His Excellency will then leave the platform accompanied by the Senior officers of the Services and take up a position in front of the flagstaff.

CHEERS FOR THE KING

The form of veremonial will follow that laid down for parades held in honour of the King's Birthday when the Sovereign is not present.

The Union Jack own during the March Past will be hauled down and the Royal Standard (furled) run up to the masthead,

The Commander of the parade will order the parade to give the Royal Sulute and the Royal Standard will be broken at the masthead repre- senting the arrival of His Majesty the King,

then The Troups on parade will advance in review order and the general offensive continues to make underwriters

very shrewd blows during the past Royal Salute will again be given fol- steady progres. The centres of fight two years and are most anxious to

lowed by three cheers for the King. ing yesterday were in the villages put their house in order.

When and on the south-west of Tancheng

funk of the Lincheng-Ten- the Lincheng-Tsno- chwang-Taierchwars made

branch raw

east

MOTION PUT

The Chinese forces

1 now propose the following Reso- lution: "That the report and necounts, onslaughts at Fengchlayao, Chlch-

ns presented, including the, payment chwang and Tawangchwang, south- of a feal dividend in respect of the

west

of Tancheng in the

morning.

But owing to heavy Japanese artillery year 1036 of $8 per share and an interim dividend In, respect of the were forced to withdraw.

fire

Butanese are

year 1937 of $5 per share and the

The

understood to

to be addition of $322,385.41 to underwrit calling reinforcements from Liny!.

On the east flank of the Lincheng

ing suspense account, be adopted and pussed." Tsaochwang Taierchwang branch Mr. Ho Kom-long seconded and railway the Chinese reoccupied yes- the moilon was approved. terday several vital poluta. The On the motion of Mr. Brown theatre of war is now at Yuwangalian, seconded by Mr. Fleming, the follow- ahilly district on the east bank of ing were re-elected to the Consulting the Grand Canal,-Central News.

Chinese Success In Hangchow Area

Committee: Sir Robert Ho Tung Messta. Clarke, Campton. Joseph, Pearce, Toggart and S. T. Williamson. On the motion of Mr. M. H. Lo seconded by Mr. Fullerton, Mesirs, Lowe. Blagom & Matthews and Successes of the Chinese querilins Messrs. Percy Smith, Seth & Fleming operating in the vicinity of Hang-were re-elected auditors. ehow in Chekiang are reported in military advices just received.

Kinhwa, May 6.

Tehlsing, north of Hangchow and cast of Mokanshan, it is atated, was recaptured by the Chinese moblie units on May 1, after a night-long

battle.

NEW SOVIET ENVOY

As the Royal Standard is hauled down, simifying the departure of His Majesty, the Royal Salute will once more be given by the troops.

His Excellency The Governor and Commander-in-Chief will then leave the parade ground, after receiving the appropriate honours, necompanied by the Escort of the HK.V.D.C.

1,000 DIE IN RAIDS YESTERDAY

(Continued from Page 1)

and five boats were sunk during the Japanese air raid over Shekki, about 50 miles from Macao, on May 4.

The cununiles were caused by four bombs which landed on congested area near the Lungsai and Cheungtai wharfs. The boats were anchored alongside the wharves ut the time of the bombing.

After releasing their missiles, the Japanese alrmen machine-gunned the streets.--Central News.

des-

Three Planes Destroyed

Hsuchow, May 6. Three Japanese planes were troyed and damage was done to the

anununition depot Japanese Pengpu on May, 3 when a squadron of Chinese planes raided the town, It has just been learned from Chinese mliitary quarters.

Moscow, May 6. M. Merekalov, Assistant Peoples' Commissar for Foreign Trade, has been appointed Ambassador to Berlin, On the same day, Chinese guerlling

in succession to M. Yurene, who launched a surprise attack at Kashan. Heavy bookings aro reported Nine months' hard labour was im-

north-east of Kashing on the Shang- was reported to have been arrested by the Management of the Hong-posed on Ma Ting, 48, unemployed,

hal-Cungchow Railway. Following in Rusia last November.-Reuter." Kong Hotel for to-morrow night, by Mr. R. Edwards at the Central The Fleet Auxillary Peartest, af- the attack, they destroyed all the the railroad between when Sylvia and Christian will Magistracy this morning for return-tached to the China Stution was given bridges on

ese are consolidating their positions the typhoon Kastian and Sungklang. ing to the Colony before the expire a severo buffeting by

outside the city-Central News. make their farewell appearances. tion of his ten years banishment while on her way to Singapore,

Meanwhile, Yuhong, north-west of The talented Hungarian enter-:

Sub-Inspector Whelan pro-cording to information Just received Hangehow, has been surrounded by Consolidating Gains tainers, whose extraordinary and uni secuted.

at the Naval Intelligence Omee, the Chinese forces. In the afternoon

Honkow, May 0. of May 1 the Chinese attacked the west city gate.

Following the recent bitter fighting which southern Shantung In A detachment of Chinese plain-in clothes men engaged the Japanese Chinese sources claim to have suc in the vicinity of Kashing on May 3. ceoded in smashing the Japanese The Japanese were dispersed. More centre ting, the Chinese troops are

A woman, Lai Chun-mu!, 20, than 1,000 piculs of food supplies now consolidating the ground gained, were seized by the Chinese.

and are awaiting reinforcements bo-jumped from a roof in Kam Woh On the Fuyang sector, an ominous fore launching further attacks, Street, Shaukiwan, yesterday, Inte

the roadway and was killed. Reuter. full prevailed yesterday. The Chin

que dance numbers involve herculean

It is not believed that the vessel offoris on the part of Christian, have created new records in Hongkong for that their season at the Gripps, suffered any serious damage, but she tite length of their slay in the Colony originally scheduled to end a month had to heave-to for a considerable and for the large numbers who have ago, has been twice extended.

period," and was sorely distressed by each witnessed their performances

The Hongkong season must do-the high winds and heavy seas. finitely close to-morrow night, us the

right.

So popular have Sylvia and Chris- an been with the Itongkong public

two Continental artists are under con- However, it is reported that the tract to appear at the International Pearleaf is now continuing to Singo- Club in New York early next month, pore,

Pengpu in now used by the Japan- 'cae as a base for their new north- ward drive on the Tientsin-Pukow Railway-Central News,

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How do we help a child?

Our inspectors give in- struction to the mothers who come in the mornings to the branch offices on hygiene, feeding, and general child welfare.

In the afternoons, they visit the homes of our cases giving more instruction and help where necessary, thus making sure that the child- ren are properly cared for. HONGKONG SOCIETY FOR THE PROTECTION OF CHILDREN

Room 308, Bank of East Axia Buliding.

COAL BILL DEFENDED

London, May 6.

In a further debate on the Coal Bill in the House of Lords Inst night the Lord Chancellor defended Part of the net, which provides for State acquisition of mining royalties for £80,400,000.

Ho urged that the compensation' to c owners was fair and reasonable, and said that Coal Royalties had never been treated on camo basis as gilt edged securities.

Disinterested persons must accept the amount offered as fair compensa tion on the basis of 15 years purchase for a wasting asset, w

The proposal received the supports of Lord Snell, Labour Lender in the House of Lords, but orticism from other quarters continued.--British Wireless..