Friday
HONGKONG TELEGRAPH
TERRIFIC JAPANESE BOMBARDMENT
All-Day Barrage Demolishes Chinese On Siu River Bank
KWEILIN, Feb. 2.
JAPANESE artillery firing across the Siu River, where the invaders have been held up for over two months, subjected the Chinese positions on the south bank to a terrific barrage throughout yesterday.
The Japanese emplacements fired almost continuously throughout the day at the Chinese positions, which, in some cases, have been almost entirely obliterated.
For a distance of some miles, the south bank of the river is now pock-marked with shell- holes, testimony to the fierce- ness of the Japanese artillery attack since December.
Despite the almost contintrus artillery barrage from the Japanese, the Chinese delenders are at. hard- Ing
grimly to their positions, and at no part of the river have the in.
vaders succeeded in even starting the construction of pontoon
necessary
bridges,
tary before they can attempt to cirect a crossing.
effect
con-
CHINA NOW
BOASTS POWERFUL ARMY
PARIS, Feb. 2.
Elsewhere in China, with the ex-THE CHINESE ARMY is much more powerful this year ception of the Sunsi front, tinuous rain has turned battlefields than the inst your declared the into quagmires, and hostilities have Roman-Catholic Archbishop of almost entirely ceased.
Military transport has completely respondent
Nanking, Mgr. Yupin to a cor- ceased on eldes in northern
of the "Intran- cated on both Hunan, and not even sporadie fight-
sigeant." ing is reported.
In Shonsi, however, the Chinese have met with considerable success
than 50 of which we motorised.
"We have now 200 divisions, more Moreover there are more than four sants, in arcus occupied by the Japanese.
Czechs To Spend £10,000,000 On
Armaments
-1
PRAGUE, Feb. 2.
CZECHOSLOVAKIA WID more on defence in 1939,000
spend over £2,000,000
February 3, 1939.
Triumph Of Hongkong Ship-Yards
CONSTRUCTION OF
BRECONSHIRE
A BRILLIANT FEAT
SHIPPING NEWSPAPERS throughout the world this morning published a brief paragraph from Lloyd's of London.
C
It comprised only half a dozen words and teraely said: "HONGKONG.-Launched, Breconshire, 10,000-tons,
1938, according to the Fede- ral budget, which puts total expenditure at about £23,500,- 000, of which about £10,300,- 000 is for national defence.|Glen Line,” compared with about £8,000,- 000 in 1938-Reuter Special, Gold Shares Stimulated By New Bill
Effect Of British Govt. Announcement
LONDON, Feb. 2. GOLD MINING shares rose on the Stock Exchange to-day following the issue last night of the Government's Bilf amending the currency and Bank Notes Acts, as a result of which the gold holding of the Bank of England is to be revalued at market price.
Behind that brief message, one of hundreds received annually at the famous Shipping headquarters in London and distributed by them throughout the world, is the story of the third largest vessel built in the British Empire outside the United Kingdom.
It is the story of the labour of a thousand men," of the skill of British engineers and de- signers, and of the triumph of Hongkong ship-building yards.
The Breconshire is the first of two 10,000-ton liners to be launched in Work on the Hongkong this year. second. also under construction at the Talkoo Dockyards, is already well advanced.
added to the splendid seene at the The gathering gloom of nightfall Talkoo Docks yesterday, Imunching took place
when the
the water.
south-west of Any, and claim to have million guerillas, mast of them pe-o the Treasury Announcement of the launching approached, gangs of recaptured the important town of Ishth.
The step was foreseen at the time).
the fiduciary issue carly last month, but other proposals contained in the Bill have taken the publie by sur- garded as constituting an important prise, and they are generally re- stage in the development of the British monetary system.
bathed in the light of powerful food- lamps, mounted the dais.
Lady Northcote's voice was relayed ship the name that was subsequently by amplifiers as the quietly gave the
flashed by cable to all parts of the world as the Intest notable addition to the British Mercantile fleet.
SHIP NAMED
"I none you Breconshire, and I wish. God speed to you and all yours," Lady Northcote sald.
The wife of the Governor then grasped the bottle of champagne swinging from the bow of the ship.
Simultaneously, the searchlights Onsited on to the path along which
the newly-christened vessel would slip into her natural element.
The towering mass started to move instantaneously with the bursting of the bottle of champagne against her port bow.
Amids vociferous cheers and, the time-honoured firing of crackers, she slid gracefully into the water. moved slowly down the stocks and
The Japanese forces who attempt- ed to drive southwards from Yustung
with considerable every month behind the front. Since were repulsed
Some 2,000 Japanese are killed losses, but heavy fighting has broken November, that it is to say, since we out southwest of Taiyuan, following have received a large financial sup- the arrival of Japanese reinforce port, we can prepare ourselves for a ments to the Chaocheng-Wenshul long period of war. We are organiz- The Bill provides that the Bank's with
Owing to the rain in the northing gradually and can now produce old reserve and other assets of the crowd of over a thousand guests in- † seemed to disappear into the night,
area,
Japanese serial activity has been confined to south China.
of a smaller calibre." rifles, machine-guns, and even guns
a distin-
of the
Outside the docks, powerful luga directed their searchlights on the towering ship waiting to take charge of her, in the puffing and important way tugs have, after she slid into Beneath the hull, as the time for
workmen were busily engaged knock- ing away, the blocks, leaving only four giant Iron triggers to hold the is Excellency the Governor pressed vessel on the slipway until the wife of an electric button.
preliminaries were watched Krent Interest by the large Issue department will be subject to vited to attend the ceremonies. revaluation weekly ut current prices,
UNIQUE CEREMONY and that any difference between this valuation and note circulation shall The ceremony was unique in many busted by movenienta of gold respects. It was the first launching broadcast of the ceremony from ZBW. between the Bank and the Exchange to be performed by Lady Northeote: The noise of the crackers and of Equalisation Account.
cheering crowds gave listeners in it took place in the re-created dny- light of hundreds of flood-lights in Australia, in Canada, in South Africa the presence of the largest attend- and in other distant lands where function of ZBW is known, an almost televizory nece ever witnessed at this nature; and it was the first such picture of the launching of Hong-
kong's largest liner. event to be broadcast by
Japoncar naval units yesterday The Archbishop who made these carried out ralds un Shaokwan, on declarations after a dinner given in the Canton-Hankow Hallway and on his honour by the Ambassador, Dr Shluhing, on the West River.
Wellington Koo, has had Nanning, second largest city of guished carcer as dignitary
The Bit will also reduce the Kwangs province, was subjected to atoman-Catholic Church.
fiduciary issue so recently increased heavy raid,
He wil soon go to America as on to £400,000,000 to £300,000,000 and advocate for the cause of China will repeal a section of the 1844 Trans-Ocean.
Bank Charter Act which obliges the Bank to issue notes in return for gold.
Banknote Trick Manipulated
The old banknote trick was worked successfully again yesterday when a 20-year-old spinster, Wong Ho, was relieved of money and jewellery to the value of $08.
Emigration Proposals Satisfactory
The
Is Excellency theor. Sir Geoffry Northcote, was also present. He was accompanied by his son, Mr. It is stated that there is no peces-
M. A. Northcole, who arrived in the dent in central banking history for Colony yesterday, und was attended the proposal that the gold reserve by his A.D.C., Capt. S. H. Batty-. be valued at the independent market Smith and his Private Secretary, Mr. price. The object cf the measure is Carrod Treverton. assumed to be to introduce greater His Excellency and Lady North- flexibility into the "management" of
of role were received by Mr. W. H. the national monetary system, of Lock, manager of Messrs. Butter- which the British authorities now fell and Swire, and Mr. J. Finnic, have very considerable experience, manager of the Taikoo Dockyard.
In her report to the Police, Wong said she was approaclied by a man and asked to take charge of a valu- Mr. Rublee For London and the comment of financial writers
ablo parcel, while she was asked to give him something for security. The man has not been seen since,
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Berlin, Feb. 2. Mr. George Rublee is leaving for London to-night.
15
generally
Wireless.
favourable.-British
Canada Will Fight!
A communique states that the talks proceeded on the basis of the sugges
Jons for
programe of orderly emigration of Jews made by Dr. Schacht during his visit to London: It adds that the conversations clarified the programme, so that Mr. Rublee Is able to give detalls to the
Sydney, Feb. 2. Intor-Governmental Committee when "Canada raised an army of half n It meets in London on February 13. million in the last war, and she will Dr. Schucht's original emigration do it again if war develops," declared plan has been modified beyond re- Mr. Hepburn, Premier of Ontario at cognition, and it is understood that a State luncheon here to-day, Ibere now no question of an oui-
Answering the "loose talk of college Bide
loan, nor additional German professors, who are speaking not for commercial exports.
Canada, but for themselves," Mr. Hepburn said "Canada desires to re- main with the Empire and will make the same contribution in any new confilet, as in 1914. Reuter Special,
No netual agreement has been reached, but it is understood that Mr. Rubleo regards the talks to have come to a zatisfactory conclusion, and that he is optimistic-Reuter.
Noise Aplenty To-day
Island Forts To “Go Into Action"
will
be
GUNNERY FIRE
audible throughout the Colony to-day, when defences on the Island of Victoria will: he extensively tested by the military authorities.
Firing practice seawards will be carried out from 9 o'clock this morn- Ing until o'clock this evening, al- though, of course, it will not be of a continuous nature.
The Aring will commence from Devil's Peak Fort ond Fort Collinson. Later the gums at Fori Stanley and Fort Davis, the two new forts on the southern side of the Island, will be brought into action. West Fort and Stonecutters Istand will also fire during the course of the day.
Trade Agreement Prolonged
Berlin, Feb. 2.
It is understood that the existing trade agreement between Germang and Russia has been prolonged for another year?
Preliminary discussions about ox- tension of a'credit' nigreement were nipped in the bud.-Reuter Special,
To the cheering spectators, the ten thousand tons of steel moulded into the shapely lines of a new ship, until all that remained to identify her เหล cluster of twinkling lights,
All around the world, listeners with tuned into the vivid radio sels were
The guests subsequently repaired to the spacious moulding loft, golly decorated for the occasion, where a toast to the success of the vessel was hondured with enthusiasmi,
Swift Rise In Mercury Yesterday
Also present on the platform were Major-General A E and Mrs. Grasett, Sir Atholl and Lady Mac- Gregor, Commodore and Mrs. E. B. C. Dicken, the Hon. Mr. N. L. and There was another swift jump in Mrs. Smith, the Hon. Mr. C. G. Hongkong's temperature yesterday, Alabaster, the Hon. Mr. J. J. Pater-the maximum reaching 71 degrees, son, the Hon. Sir Shouson Chow, white the minimum attained 57. the Hon. Mr. S. H. and Mrs. Dod- At 10 o'clock this morning the well, Sir Vandeleur Grayburn and thermometer registered Miss Grayburn. Mr. and Mrs. E. Cock,
60, while humidity was 68 per cent. Mr. and Mrs, C. C. Roberts, Mr. and
Because there has been no rainfall Mrs. D. L. Newbigging and Mr. and
for several days, the total for the Mrs. A. R. H. Phillips.
year to date is now below average, being 1.12 inches as against 1.41 Inches.
BOUQUET PRESENTED Before the christening ceremony, Lady Northcote was presented with a beautiful bouquet of roses by little Miss Moyra MacIndoe, daughter of Mr. A. MacIndoe, of Talkoo Docks. workanen ns they knocked away the The glant mallets wielded by the blocks lent an almost weird emphasis to the scene as Lady Northcote,
The Royal Observatory weather report issued this morning stated that the anti-cyclone over China has decreased to moderate Intensity and has moved southward; pressure is Valley. highest over the lower Yonglic
Local forecast wind, moderate; folr.
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