1939-06-30 — Page 27

Friday,

READY

POLAND THE GREATEST

WARSAW, June 29.

"TO-DAY, on the holidays of Saint Peter and Saint Paul, the Apostle Saint of Fishermen, we pass out in mind along the banks of the Queen of our Polish rivers to Danzig and Gdynia, to the harbours, to the fishers' hamlets, to those who work at sea and to those who keep an honour- able guard over it-our naval sons," said the Polish Presi dent in his Sea Day celebration speech to-day.

"To us it but a festive joyous expression of the insoparable union of the whole Polish nation with its maritime province. .

"For every acre of Polish soll i -equally dear to us in equal measure.

The maritime province of Promorg and the sea coast are the basic cle- ments of our economie and political independence and are vitally neces sary to our existence as a State.

"Consciousness of this value exista to-day in the hearts and minds of every Pole. The greater the adver- villes encountered, the morò internal and external circumstapocs, the firmer. is our determination and readiness to make even the greatest sacrifices soj that the Follsh return to the rea be well utilised and made to endure for all time.

"We returned to the Dallic us o State because we have remained un- Interruptedly a nation. On this day of Saints dediented to the sea, our hour returns to the past in paying homage to the memory of these generations who have been Inflexiblej and unyielding on the shores of the

flon."-United Press.

Charged With Vagrancy

To Meet

7

Every Soviet

"HONGKONG. TELEGRAPH

TO MAKE SACRIFICES

Over 100 Die

In Floods

SOFIA, June 29. MORE than 100 people were killed by storms and floods of unprecedented violence which swept Bulgaria on Wednesday

· and Thursday.

The majority of casualties are reported from the small town to Sewlcivo which bore the brunt of the catastrophe,

More than 200 houses were washed away in this town alone. and it is feared that the casualty list will mount still further as many persons' are reported miasing. Trans- Occasi

AMERICAN SILVER POLICY

Broad Hint By Cordell Hull

WASHINGTON, June 20. MR. Henry Morgenthau, Becretary to the Treasury, stated at a press con- ference to-day that the Treasury would continue to adjust its foreign silver prlee to the London market with a view to prevent dumping by foreign sellers anticipating a complete cessation of American buying abroad.. However, whether It Would be con-- tinued beyond to-morraw midnight,

action the

of upon Congress on the monetary bill.

H. K. MINES' depended

Demand PROFIT

Quick Conclusion Of Pact Seen

But Depreciation Results In Loss

DESPITE the fact that the

Mr. Morgenthau also said that it the proposed higher domestic price was enacted, it might be possible that American buyers would be subject to a 50 per cent. tax on silver profits, furmerly applicable only to specula- fora in foreign silver.

ment,

Serious Situation

LONDON, June 29.

He expressed the opinion that the THE British Government |present price of lead is approxi-possible lapsing of the stabilisation Baltic during the period of subjec-has decided to agree to all,mately £14 108. whereas the fund and devaluation authority at the demands made by Mos-average price for the past 20 this time presents a serious situation. particularly in view of the inter- cow, according to very well (years has been £23 5s. a working national developments, and it might. informed circles here. profit of $75,000 was reported also endanger the tripartite agree-

Confidence that an Anglo. by Mr. L. R. Nielson, Chairman, Franco-Russian pact will be con- at the annual meeting of the cluded is based on the fact that Hongkong Mines Limited, held Victor Lakin, British, ship's en- the last instructions sent to Sir yesterday. gineer, appeared before Mr. R. Ed-William Seed and Mr. William wards at the Central Magistrney this Strang were to accept the Soviet Nielson said; morning on remand charged with being yogrant in the Colony. Scr- count P. H. Loughlin said Lakin will leave in a few days' time for Singa

porc, where he will join e ship. Lakin was discharged.

BERLIN, June 29.-The German Focke Wolf Condor plane which

越来 Janded in Rio de Janeiro

11.20

demands almost in their entirety.

The Inter arc said to include Luxemburg.

F

Mr. Morgenthau cúneeded that the would still have certain Treasury powers to act in the foreign ex- change markets if the emergency Presenting the annual report. Me.powers lapse, but with a divided authority between the Treasury and the New York Federal Reserve Bank he was not certain just how success- ful such an intervention might be.

As you will note from the Balance

In view of the

England and France are now pre- pared to have the Baltic States, which $75,000 was made.

Sheet, a working pront of over have expressly declined a guarantee, fact however, that no depreciation what to do in respect of silver if the He said that he does not know speeldeally named in an alliance and

with was written off last year, we con monetary legislation is enacted by guarantee, treaty, together

sidered it advisable to write off the to-morrow midnight. The Treasury other neutral States,

percentage customary in mining in silver operations were then likely to case, amounting to nearly half be conducted under the Silver Pur- million dollars. We feel, however, practice, and shows accurately the S, since the Treasury never purchased that you will consider this good chase Act but it was possible, no decision would be reached until July correct position of the Company, al-aliver on Saturday, and Government a nell offices closed on Monday and Tues- though it Inevitably entails loss on the year's results.

day--Reuter

One difficulty in connection with the inclusion of the Baltic States is une of them, am local time to-day, covered the the possibilty that distance of 7,000 miles in 34 hours 48 through an inner political transforma minutes. It flew at an average speedtion, might change its relations with of 200 miles per hour-Trans-Ocean. Its neighbours, but this difficulty is apparently not regarded very serious- ly in view of the instructions-alleged to have been sent to Sir William Seeds.

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THE “TELEGRAPH”. will send a Staff Photographer to all events of public Interest. Requests should be addressed to the Pictorial Editor.

As will be readily appreciated, we have been exceedingly unfortunate In going through protracted period in which the price of Lead has been ex- Well founded reports go so far as ceptionally below average. To-day's to say that not only has Sir William price is approximately £14 10s. Seeds authority to accept the de- whereas the average for the past 20 inands of Russia, but, if necessary: years is £23, 51. to go beyond the

Last made by Britain.

Because of this a quick conclusion of an alliance with Russia is #ldered certain-Trans-Ocean.

proposal

Anglo-American Barter

con-

Washington, June 20. Without debate, the Senate lo-day voted the treaty authorising the Anglo-American barter agreement after Senator Byrnes had obtained the Senate Banking and Currency Committee's approval for legislation authorising the Commodity Credit

release Corporation ta

Euficient Government held cotton-United Press

New Antarctic Expedition

We can only hope that the price will improve in the car future. Although we have been in operation for over a year and a half, our ore reserves remain approximately about the same as when we first commenced operation,

Messrs. L. R. Nelson and C. C. Stark were re-elected-to-the-Board of Directors, and Messrs. T. A. Martin Company, were re-elected und Auditors,

An Audacious Theft Attempt

Chinese Is Arrested In Motor Car

Four Months For

Loitering

ARRESTED in a Morris car parked at Statue Square, Shek Kee, 33, unemployed, was charg- Jed before Mr. R. Edwards at the. |Contral Magistracy this morning with loitering in the car park near Statue Square, and with possession of a screw-driver.

Sergeant Forrest, said that owing to the number of cors disappearing Wallding nudaelously inte the recently, a special watch was kept Peter Music Co. Des Voeux Road by the police car parks. About- Central, with a large rattan basket, 17.30 o'clock, Inst night, defendant was Li Sang. 40, unlicensed hawker, seen to approach a Morris car three nicked up a Zenith radio from a countlines, but on each occasion, some ter, and put it into his basket and one happened to be walking past, and walked cit. A salesinan saw Li's defendunt retraced his.steps. At inst

he got into the car and switched on bold net and caught hold of him.

Ten weeks hardt labour was im-the headlights. He was arrested. posed on Li by Mr. R. Edwards nt the Central Magistracy this morning This vote wis madt despite the when he admitted the theft of the Huure Committee having twice re radio. Li hud a previous convic- Jected the measure.-United Pres

Washington, June 20. The Senate to-day voted $240,000 to send an expedition to the An-1 tarelle with regard to United States territorial elninis,

tion.

It was said that defendant was formerly a holder of a driving licence, file had a previous conviction, and was sentenced to four months hard labour.

This unusual roof garden in the heart of the city has been built up by Mr. and Dirs. G. Stanley-Lovatt round their flat. The luxurtant growth has been attained by selenille treatment of the

grapher.

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June 30, 1939.

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