1939-04-26 — Page 29

DONALD DUCK

MADAM--DO YOU'

WANTA BUY A NO!

POTATO-MASHER?

Wednesday,

HONGKONG TELEGRAPH

April 26, 1939.

By Walt Disney

BUT MADAM!

OUCH!!

FRESH

LEGHORN EGGS

LARGE SIZE

SPECIALLY SELECTED

Ceer by Walt Diary Entrepren

BUDGET MILLIONS.

£380,000,000 Deficit Forecast

SPEND

BRITAIN TO

PHENOMENAL

LONDON, Apr. 25.

THE HOUSE was crowd- ed when Sir John Simon, the Chancellor of the Exchequer, introduced his keenly anticipated Budget,

After reminding the House that in the first of his 13 bud- gets, he had to provide for a grand total of only £58,000,000, the Chancellor said that to-day the badget was 20 times bigger than Gladstone's of 1853 when Gladstone proposed the abolition of income tax,

Big Increases

"Although revenue this year fell short of the estimated mark by £17,500,000, it is sill nearly £55,- 000,000 more than the revenue last year.

"The Toss total for defence ex- penditure of all kinds last year was almost exactly £400,000,000, compared with £205,500,000 the previous year."

While income tax fell short of the estimates, rurtax exceeded the estimate of the previous year.

Beats Roosevelt

Deficits!

LONDON, Apr. 25

In presenting the "Var Budget" Sir John Simon Bald there are three characteristics of war time Sinancing,

1. The huge total expenditure which can be compared

only with the World War budgets,

2. The huge defence appro

priations,

Which sto

equivalent to 12,6 per cent, of the national in- come.

3-The gigantia defence loans to cover a defleit exceed- Ing even President Roose. velt's public works spend- Ing United Press.

£42,000,000, of which £37,000,000 had to be borrowed.

The estimated expenditure on food reserves was £5,000,000.

was £022,000,000, apart from defence

SUM

but he did not think this simple solution Justified,

"If there is n ilmit to what can con- veniently and tolerably be raised by taxation, there is also a limit to what can be wisely raised by borrowing. Heavy as is the burden of taxation upon all, the country le roused to the necessity of further sacrifices,

"In the long run, it would not be In the country's interests to attempt Hight-heartedly to throw an additional sum wholly into the borrowing scale, and consequently I am proposing additional taxation of approximately £24,000,000,

"Legislation will be required on

certain

SIR JOHN ALLSEBROOK

BIMION; Chancellor of Exchequer, since. 1937; leader of the Liberal National Party.

Congrega tional Min- ister's son: barrister::

chairman of thes

Indian

Statutory

C

om mis- slon, R 101 inquiry.

Hom 0 Secretary 1915-16 (resigned, opposing conscription, 1935- 1937; Foreign Secretary 1031- 25. RA.F. major 1017-18.

Twice married; son, two daughters; is 65,

ain points arising out of our trade lalalalakim, agreements with the United States and India, and I shall have to table resolutions implementing

certain provisions of the American trade, agreement, and in the

case of the Indian trade agreement, to bring a new agreement within the framework of the Ottawa agreements."

Opposition Demands

Million Rebate

More Taxes!

LONDON, Apr. 25,

LANE, CRAWFORD, LTD.

HONGKONG TO SPEND MORE

ONE OF the largest Supplementary estimates of expenditure` ever brought before Legislative Council will be considered by the Finance Committee to-morrow.

It calls for the expenditure of | $1,229,182. As two previous al- supplementary estimatca, ready approved by Council, call for expenditure of $851,592, the total supplementary expenditure will now be raised to $2,080,774, with eight months of the finan- (cial year yet to run.

BOKEN

OFFICIAL FRENCH PROTEST

Japanese Planes Over Indo-China

As a result, expenditure for the financial year, originally estimated at $38.502.760, will not be at least $40,583,530 the first time in its that the Colony's budget history has reached the forty millions.

CHUNGKING, Apr. 25. The original Estimates called for a

CHINESE OFFICIALS to-day deflrit of $2,402,435. With additional expenditure already called for, the told the United Press that estimated deficit is now $4,400,109-French officials have lodged an

also a record.

New Lighthouse Ship

Japanese

official protest to Japan against Japanese planes flying over the Indo-China border on April 18 Among the items included in the during a Japanese raid on Meng- Supplementary Estimates are $240-tze. 000 for the construction of a fight-

They declared that the French au- ; house tender to replace the rescue Sir John Simon explained that the

tug Kau Sing, wrecked in the 1938 thorities have said they will take typhoon, and $100,000 for site forma- "aultable action" if the repeal of the medicine stamp duties

IN THE COURSE of the tion in Argyle Street for the new manoeuvre is repeated. and a relief to the theatres by re-

It is ducing the tax by one penny per ad-debate which followed the Chan- Kowloon Hospital and Infectious

include anti-aircraft fire and mission, would cost about £1,000,000, cellor's

Budget speech, Mr. Diseases Hospital, both of which would need here that such netion

French plane attacks. were forecast by the "Telegraph." Dealing with Income tax, Sir John Clement Attlee, leader of tha The total expenditure from revenue

Chinese officials said, the Japanese In each case the expenditure for said that the present rute was within Opposition, complained that the this year is only part of the total. manoeuvre is not only a violation of aupplementary expenditure.

shepence of the highest figure during Chancellor was not really facing The new lighthouse fender will cost indo-China territory but also Imust Dealing with social services and the war.

viewed

from the home expenditure, Sir Jolin Simon They had been doing all they could the problem of colossal expendi $400,000, and the site formation for be

the Argyle Street hospitals $200,000. Chinese viewpo ny China has no Sir John Simon explained that said that new internal projects call- to encourage measures of confidence ture, but was passing it on. The report on the Supplementary observation posts in Indo-China in defence expenditure last year from ing for major additions to expendi-In business, and there were grounds

disclosed that the new order to warn the western cities of revenue was £254,500,000, They ture were not in the present circum- for expecting a further business re-go to fall out the poorest of the lighthouse tender will be used as a the approach of Japanese raiders.

ur later. borrowing was Estimates covery, if there was no setback. had borrowed £120,000,000, making stances, possible.

training ship for the Hongkong Naval It was Therefore, he had avoided

pointed out that the a total of £382,500,000 for the three

Japanese planes, by flying measure which would have n

"Sooner or later and the sooner Volunteer Force. defence departments,

Indo-China, can approach their ob- If the effect on industry is largely a wealth, instead of creating enormous ly depressing effect on industry, even the better we shall have to comit

Jectives unseen, thus down to laxation of accumulated

preventing matter of psychology.

to the Other items in the Supplementary Chinese planes from taking

defensively ond indebtedness on which interest must Estimates are $260,000 for relief of air

preventing be paid," Mr. Attlee said.

refugees for a further six months, civilians from seeking shelter because $140,000 for laying out new roads of lack of time-United Press. consequent

the building boom upon in the Colony,"$100,000 as part of a

Defence Borrowings

Revenue Prospects

Dealing with revenue prospects, was Str John said he estimated various yields on the existing basis of laxa-

ilon.

With food storage and air raid precautions, the gross total almost exactly £400,000,000.

Supplementary expenditure for defence was

a most serious and Important question, and a cardinal Issue in the present budget. He estimated that expenditure for the supply service was £675,000,000, The total estimated expenditure for air ralds precaution services was

LETTERS

"Saunder's Circus"

To The Editor,

Hongkong Telegraph

Sir, I shall be grateful if you will, through the courtesy of your corres- pondence column, allow me to cor- statement made in your issue rret

The total estimated expené „ture on the existing basis of taxation was

£918,000,000.

Some £223,000,000 were available towards meeting this year's defence expenditure.

Car Tax Surpriso

Sooner

any poor, general-

Unimaginative

Rofugco Costs

ה

over

ve-year plan of improvements on Health Enters Plan

less services.

Canberra, Australia.

health has decided to launch a health |

Sir John, Simon's announcement on car tax Increases surprised the House, and there was a general Sir Archibald Sinclair, lender of conversation among Mensbers, who the Liberala, described the budget as the Kowloon-Mukfu Ferry Road, were obviously working out the pedestrian and unimaginative.

$109,000 for prison works, including Increase on their own car taxes. He believed the people's goodwill the construction of a new detention As part of Australia's National De- The Chancellor, Compared with the original

in explaining the and patriotism, of which Sir John figures of £580,000,000 for defence sugar duty, sald that the present Simon had spoken, would be greatly camp and substantial sums for wire-fence Plan, the minister of national This year £350,000,000 from Ioan, duty on foreign raw sugar was fortified-if the taxpayer was con- Provision for the construction of programune. "The millions we are and £230,000,000 from revenue equivalent to Us. 4d. per hundred vinced that the Government was dog kennels at Kennedy Town, which now spending on national defence," the figures had risen to the region weight. The new rates would in-seriously tackling the problem of ex-were deleted from last year's Esti- he declared, "will be largely wasted of £630,000,000 for defence in all volve the addition of 2s. 4d, per penditure.

mates, are re-introduced. They will unless we connect the link between Its aspects, and might well be hundredweight.

"Let us be certain that the great cost $20,000. Empire preference

health and national security." duty would be preserved, and excise expenditure on armaments is being duty on home-grown sugar would be economically administered," declared adjusted to maintain the existing Sir Archibald, margin of advantage.

more.

The whole difference should not be mel by loan, and there must be [additional taxation.

£942,000,000 In Taxes

would

revenue

The find

al

when the

:

Mobilising Wealth

Terrific Sum

"In the meantime, private expendi- "Reuter" points out that the ture, especially luxuries should be total budget figures amount to the prevented from competing with the terrific sum of £1,285,000,000, national re-armament effort.

Revenue is cattinated at £942,- "While, supporters of the Govern-

-RADIO-

500,000 but to this must be added ment are demanding the conscription ZBW, 355 metres (845 kc.) and 31.49 metres (9,520 kc.) amounts to be met by borrowing, man-power, there is little evidence estimated at £342,500,000.

in the budget of a resolute policy to This sum is to be spent on defence, mobilise the country's economis, and and does not take into consideration flunncial resources for a national any additional amounts which may effort."—Reuter, be authorised by the supplementary estimates-Reuter,

U. S. COMMODITY PRICES

LATEST CABLED

QUOTATIONS

New York, Apr. 25. New York Colton

Opening Closingt

0.30/30

8.27/27

5.08/09

8,03/02

7.79/77

7.70/70

7.67/68

7.60/80

7.08/08 7.GON

Commons Agrees

London, Apr. 25.

Radio Programme Broadcast by bar-parlour. ZBW on a Frequency of 845 k.ch. 8.0 Local Time Signal, Weather and on Short Wave from 1-2.15 p.m. Report and Announcements. and 8-11 p.m. on 9.52 m.c's, per 8.03 Violoncello Solos by Maurice

second,

Marechal.

Indian Lament (Dvorak, arr. Krels-

6.0 Brahms Songs, The May Night; Sapphic Odo... ler); Dimanche. De Paques Sur La Maria Olszewska (Contralto) with Mer (Dupont, arr. de Feuillard).... The House of Commons agreed Piano accomp. by George Reeves, with Maurice Faure at the Piano; this evening to the Budget tobacco | (Sung in German). and films resolutions-Reuter.

Lobby Reaction

6.06 Brahms Symphony No. 3 In r Major, Op. 10.

Willem Mengelberg and His Con- certgebouw Orchestra.

6.43 Closing local Stock Quota- tions.

London, Apr. 25. Government supporters generally approve of Sir John Simon's policy of

6.45 Robert Burnett (Baritone) ovolding an addition to the income and Margaret Stewart (Soprano) in tax, says "Reuter's" lobby corres- pondent.

The decision

lo impose further

a Scottish Programme.

The Portree Men, March; Because

Serenado Espagnole (Glazounow, Op. 20, No. 2)....with Jean Doyen at the Plano.

8.15 London Relay-Sing-Song'. A mid-week variety entertainment. 9.15 London Relay-The News. 9.30 London Relay-Empiro Ex- change".

Points of view by travellera from the Dominions and Colonics.

9.45 London Relay-Sports News

laxation to meet the additional cost He Was A Bonnie Lad, Strathspey; and Market Notes. of defence is regarded as a gesture of The Wind That Shook The Barley,

Pipe Band of H.M. 2nd Bat-Mo-3.

or the difference, £24,000,000 on Monday with reference to the would be met out of revenue.

therefore, at the junction of taxpapers, traffic circus

£380,000,000 Waterloo Road and Argyle Street, in £942,000,000, and which you say "there is little pos- would be obtained by borrowing. sibility that Saunder's Circus, the Sir John Simon announced the) garden-filled stands at the intersec-abolition of the medicine stamp duty, tion of Waterloo Road and Argyle and a reduction in the threatre enter Street, will be removed, despite tainment duties. recent representations by the Eow-

He announced an excise duty on loon Residents Association on the subject."

Gims and plates manufactured in This reference impiles that the Britain which would be equivalent K.R.A. are not in favour of this to twopence on the popular roll films,

estimated particular clrcus and

desire iving an

119 removal. My Committee have at all £800,000 this year, and £1,000,000

thin a full year. times worked omleably with the Sir John Simon declared that| Police Traffle Department, and mem-

there would be no increase in the bers of our Trac Sub-Committee

income tax standard rate, an an- have met them on the site and dis-

nouncement received with cheers, cussed the layout on several occa- sions. All reports from this Sub-

Cheers Ceaso Committee have been in favour of

General Com

The the creus, and our

chicers ceased mittee have endorsed the action of Chancellor announced that the motor the Police in building it. We have, fear tax would be increased by ten May

9.50 Studio"That Music Reminds from time to Ume, made what we shillings to 25s. per horse power July considered helpful suggestions with from January next, and there was October

Reel.

Dialogue by Terraneo Gilbert regard to the design, but have ever silence when he announced changes December

talion Scots Guards; The Auld Scots

10.20 Ilayin-Symphony No. 6 In suggested it was not requisite orin surtax and estate duties,

January

Sangs (Bethune and Leesch-arr.

*necessary***

March

7,70/00 As regards surtax, a surcharge of

7,69/50

Approval in expressed of the pro- McFlat); I'm Gled My Hert's My G Major ("Surprise"). It appears possible that the re- a further five per cent, on incomes

Boston Symphony Orchestra con- Spot

0.04Ń

(arr. Inglis)....Margaret Ain ference at the last monthly meeting up to £8,000, and further ten per

The First Nolice Day for May tax evasion.

posal to tighten the provisions against Stewart (Soprano) with Orchestra; ducted by Serge Koussevitsky.

10.43 Saint-Saens-Septet, Op. 05. of my Committer to certain

Foveau (Trumpet); Cantrelle (1st islands in Waterloo Road has been payable.

Erasa cent on those over 28,000, would be cotton Is April 25th, and the last Day

Opposition members express reller Petronella (arr. Dlack); Strip The fo May 10thi.

Dlack)...Scottish that the burdens are not heavier, but Willow -^ Carr.

Violin); Bellanger (2nd Violin); misconstrued as referring to e

New York Rubber.

Country Dance Orchestra cond. by J. a number of Labourites feel that

('Cello); circus in question; in fact, the lalands from to-morrow by two shillings September 15.75 /17 16.89 /80higher ranges of income tax payers, The Lea Rig (urr. Burnett),

May

16.00 /01 15.70 /72 more could be raised by taxing the Michael Dlack; Wille's Gano To Mel-Vieux (Viola); Marneft

vile

Nanny (Doubles-bass); and Fauro Castle (Stephen and: Burnett); referred to were those situated in to 11s, 6 per pound. Waterloo Road itself, between Argyle

December . 10.80b/00n 16.026/030 thus pressing less heavily on payers bert Burnett (Baritone) with Plano; Ro-

11.0 Close down. Street and Prince Edward Road, and one farthing a poutid as from to-day,

March

19.00 /05 of indirect taxes-sugar and tobacco. had no connection whatever

The First Notice Day for May Reuter,

Bonnie Scotland (arr. Pether); Intro: with Sir John Simon indicated, that

the Inst there would be death duty of ten per rubber in April 27th, and

Fronch Roaction

Stop your tickling, Jocic; Bonnie Day May lat.

Banks Lock Lomond: Four leaf To-day'a Salca:-2.120 tons.

Paris, Apr. 20. Shamrock; Rearing in the Gloaming Chicago Wheat ·

Britain has risen wonderfully to Keep right on to the end of the road; May

-0034/60 00%/00% the occasion, is the feeling here fol- She la ma Daisy: Ye bunks and iraes; July

074/68 GO4/G0% lowing the budget, which has creat-I love a lassie; Comin' thro' the Rys;

Sydney, Apr. 20. September

Australians and New Zealanders 0015/092 ed a deep Impression.

Auld Lang Syne....New. Mayfair Munday's Sales:-5.412,000 bushels. It is regarded as further proof that Orchestra.

throughout the world are celebrating Britain is determined to stand armed. 7.15 London Relay-'Genilo Per-Anzac Day to-day.

Crowds and prepared to prevent aggression, sussion'.

Including many *x- -Reuter.

A short alory written for broad servicemen, demonstrated in front of casting by Kevin FitzGerald and read the German Consulate here. The police and fire brigado-restored order Clothing and money to the value by the author. of $120 was stolen from the residence 7.30 London Relay-'At the Black after the crowds had threatened lo haul down the swastika dog-United of Mr. A. Andrew In Bowen Road Dor'. this morning..

*Saunder's Circus,"

Tobiseco duty would be raised

Sugar duty would be increased by

A considerable part of this Assocla- cent, on estates over £50,000. tion's work is devoted to the consi- The total estimated revenue on the. deration of ways and means to make new basis of taxation was

traffic safer for both pedestrians and 000, motcrlats, and as our suggestions for improvements have always received courteous consideration by the Police authorities, we take this opportunity of correcting the incorrect statement quoted above.

DAVID ROSENTHALL,

Hon. Secretary. (The Telegraph" apologises for attributing opposition to "Saunder's Circus", to the KC.R.A-Ed.).

P

£012,800,-

Stupendous 'Figuro

Sir John Simon referred to the £630,000,000 required for defence na “this stupendons

figure which May measures the size and effort that July ***** has, to be made, and which mea- Septemeber sures the country's determination

to make it". (general choers); Miny Tho Chancellor sold that it would July.

be easy to add this to the loan Agure, October

Chicago Corn ... 40/48 404/40% 49%/49% 50 100%

50/50 .6931/60 Winnipeg Wheat

80%/60% 0144/61% 01%/014 624/02%

83%/04

British determination which is ex- pected will be appreciated in other

countries,

F

(Piano).

Sydney Riot

Mr. Wilkes at home in his "own" Press.

AWAY

with Beetles & Cockroaches

KRATIMES

POWDER

Sprinkle Keatings at night In all corners and grovscas and sweep them up in the morning DEAD. ` || |ONYES no after-meif..

Agenta::

Muller

Phipps (China), Ltd.

KEATING'S

KILLS

BEETLES, MOTHS FLEAS etc, eren Buga BUT IT MUST BE KEATING'SŤ

NEW SOUTH SEA LIP COLOUR GIVES LIPS NEW ALLURE!

Rads that fascinate. Juster that, betriguros --smoothneis that cuphrates!

South Sas rada, the glamor poslinis South Sas maiden's own allering colours.....baru they are, ready to vast your lips with sew eschoolment...new instar... new sparkle.....caw softness and Emoothness. They are the shndes of the new TATTOO inspRA ent lipstick and one of these la sure to wartly suit you. And bow you'll love. TATTOO'S. loysing to your own lips it's so stubbornly indelibla. Ir simply -

won't leave your lips for someone die's? See the Eve shades az your favwación stoos. Various alvas et prices to Ez eracy pozn. TATTOO 70ur Kpel

COBAL....MOLOTIC......HATISHAÏ....... PÄRVÉL... ŠAMAKAM

TATTOO

YOUR LIPS 90740

For your complete beauty treatment, use Tattoo Powder, Rougó and Mascara' (Cream with brush) Solo Distributor:

Auw Pit Seng's Trading Co., Ltd., Hongkong.

CONTINENTAL

Tho Sturdy Portable

4. GAHLOWITZ & 40;-

'Queen's Rd - Tel, 11775,