1939-10-12 — Page 15

Thursday,

HONGKONG TELEGRAPH

October 12, 1939.

AMAZING WEALTH Britain's Strength In War Disclosed

LONDON, Oct. 11 (Reuter), -A special commentary on the British economic strength has been released.

It is stated that in connection with Germany's claim of heri economic strength, and the weakness of Britain, the follow- ing points may be useful.

richest

Britain IN ihe second country in the world, second only to the United States.

The averago Income per head of the Britan people is £112, whereas the average income per head of the Greater Relch is only £04 10s.

The British people, therefore, can afford to spend nearly twice as much on the war as the Germans.

Vor every gun

with Germany

(115)

can afford to make, Britain can make two. For every aeroplane Germany produces Belialn afford to make two. When the British fully mobilised, they can expect near- | ly twice as much power as Germany, Incomparably Stronger

wor

estori is

Britain is Incomparably stronger. francally than Germany. Her gold. reserve is over £500,000,000, wherenR Germany has hardly any gold reserve at all. Britain has foreign invest ments totalling £3,500,000,000 where- as Germany has none.

Without exporting anything at all, Briton could pay for imports of food and raw material for at least 10 months, whereas Germany has only enough foreign exchunge to pay for imports for two months.

concerned,

As for na xation Britain compares favourably. The German married man has to pay in- come tax as soon as his inconic reaches £65 per year. The British marrlei taxpayer does not begin to pay until he is earning £225.

In Britain there are ample sup- plies of food, amit is not yet necessary to introduce rationing. In Germany rations are already in force, and the ration is pitifully smail.

The British Empire produces three times as much wheat, and twice as much sugar as Germany, and Brital han half os many people, to feed s Greater Germany.

The British Empire produces twice as much iron-ore as Germany, four times as much oil and petrol, seven times as much copper, and three times as much lead.

nearly

This Is Supposed

A GRAPHIC PHOTOGRAPH of the rescue of the crew of the torpedoed British stoamer Kensington Court by Royal Air Force seaplanes. The Kensington Court, in background, is just going down as a member of crew of one of the two R.A.F. planes which participated in the rescue

waits to assist on rescuers.-Kayal Air Force Photograph.

South Africa's

Hidden Wealth

Will Be Used For

Allies' Benefit

CAPETOWN, Oct. 11 (Res- ter)-In South Afrien it is ez- pected that the war will lead to the development of Dominion's mineral ores.

I

LEST WE FORGET

LONDON, OCT. 11 (Reuter).- IT IS OFFICIALLY ANNOUN- CED THAT THE KING HAS DECIDED THAT THE ARMIS. TICE DAY SERVICE AT THE CENOTAPH WILL NOT RE HELD THIS YEAR,

the H.K. Stock

It is calculated that the Dominton quirements, and also will be able to will produce enough for her own re- ship fe surplus to Britain and the Allies.

Market

Thu following quotations isted on the Hongkong Stock allket this morning.

BANKS

Suth Africa contains nearly metala and oils required by modern industry, titough only the more acces- sible products are now being worked. Mining products are exported as raw materials, the Anished articles being; mainly imported.

Large Reserves Among the base metals in South Africa ara usbestos, chrome and munganese.

To Be A News Item There are large reserves of these,

"NEUTER'S" Londen Omos sendai uul the following hot news item:

The message sent to the United States regarding the threatened sinke ing of the Iroquois is believed to be part of the propaganda activities of Admiral Raeder.

"That the chief of the German naval staff can indulge in propaganda suggests that the command of the German fleet is not a full-time job."

Women To Look After Diggers

and also of tron, copper, tin and vanadium,

Recent advances in technical skill will enable most of the problems of plant equipment be solved locally.

An estimate made two years placed the value of South Africa's untouched base minerals at over: £30,000,000..

JAPAN-FED-UP

WITH WAR

Do

on

CARS with threadless tyren, Taxis and buscs that run charcoal.

And д progressively lowering LONDON, Oct. 11 (Reuter).--Angronomie level that bodes ill for the Australian Women's Volunteer Ser- future of the country and people, vice has been formed in London to look after the welfare of Australions. A burenu has been set up in Aus- tralia House to enrol Australians and others who wish to join.

US. Marine Shoots Puppet Policeman

TIENTSIN, Oct. 12 (Reuter) -Two United States marines from Pelping were guarding a shipment of goods at Tientsin enst station last night. One of them was involved in an argument with a railway police officer, believed to be a Chinese, which rosulfed in both producing their guns.

These are the things that struck Mr. A. S. Smith in a tour of Japan, from which he returned to Hongkong to-day.

Japan, Mr. Smith believes, is heartily "fed up" with the war in China;

The people are finding it increas-

gly dimicult to avoid malnutrition, arity of food."

owing to the increasing cost and

Power plants cannot obtain sufficient coal or fuel,

Neon signs and electrical advertise- ments are slowly disappearing, or be- ing replaced by interior lighting up-i paratus.

More Japanese girls are being forced into the geisha ranke.

And the soldiers who are boarding transports are becoming appallingly

The marine shot the poilceman young. through the thigh and then escaped | Swastikas no longer fly side-by- through the barriers to the marine side with the Rising Sun In Japan's barracks. The ather marine has streets. Japan has not yet recovered; been detained by the railway police, from the Russo-German agreement,

He is still held up to now. No fur- ther detalls are available.

Burma Starts Her

Preparations

Recruiting In Jerusalem

JERUSALEM, Oct. 11 (Reuler).—| KANGOON, Oct. 11 (Reuter)-A Recruiting has begun in Jerusalem Defence Committee has been formed of 2,000 Palestine volunteers from with the Governor, Sir Archibald Palestine nationals for the Royal Engineers, the Royal Army Service;

* Cochrane as chairman.

Defence Commissioner is Corps, the Ordnance Corps, and the deputy chairman and one of the Medical Corps.

The

members is the Burmese Premier, who The men will be liable for service

has offered the support of his Minis-in any garrison or theatre of war.

try.

Split In British

Communist Party

Sweden May Build Battleships

STOCKHOLM,. Oct. 11 (Reuter},—į

LONDON, Oct. 11 (Reuter).-A The Swedish Defence Minister to-day) division in the British Communist proposed in Parliament that con- Party in revealed by the resignationstruction be started immediately: on of Mr. Harry Pollitt from the secre- two battleships. Laryship.

Mr. Pollit apparently disagreed with the chango in the Party's at titude, which at the beginning sup- ported the Government's polley, and - in now against it.

H.K., Banks $......... H.K. Banks (Lon. Reg.) H.K. Banks (H.K. Reg.) Chartered £

Mar-

were

Crown Copyright Reserved.

Poland's New Government

British Ambassador Returns To Post

LONDON, Oct. 11 (Reuter). A few hours after the arrival in London of the Foreign Minis- Ler of the new Polish Govern- ment, it was announced in the House of Commons that Sir Howard Kennard would leave for Paris in a few days to re- sune his duties as British Am- bassador to Poland.

The London "Times" declared that the Palish Foreign Minister was 1,250 s. particularly welcome for many rea- .£..73 1.

sons. He represents an indestruc- E..75 n. tible race whose country has been 6.barbarously devastated not for the £....204 n. Brst time in its history, but which

..10% nunhesitatingly chooses

new govern- ment in the place of the old. .72 n.

Mercantile, A. & B. Mercantile, C. £ East Asia $....

INSURANCES

Cantons $..

Union $***

China Underwriters $. HK, Fire S.

-

SHIPPING Douglases $ Steambals $.. indu-Lachs, P.$ Indo-Chinas, D$. Shell (Beaters) Waterboats $....

DOCKS ETC. Wharves $. Docks $. Providenta S. New Eng. Sh; $ Sh. Docks, Sh. $.

MINING

Raubs $.... Venz. Qold .. H.K. Mines Cis.

LANDS

Hotels ..

Lands $... Land 4% de. $. Shal Lands Sh. $. Humphreys $ H.K. Realties $. Chinese estates $.

UTILITIES

Trams ... Peak Trams (old) Peak Trains (new) Star Ferries $.. Y. Ferries $.. China Lights (old) China Lights (new) H.K. Electric $. Mucha Electrica Sandakan Lights $.. Telephones (oid) $. Telephones (new) $ Tracilons /* .... Tractions (Prat.) s/-

INDUSTRIALS Cald: Macg. (ord.), Sh. $. Cald: Maca. (Pre), Sh. Canton Ices $. Cements ...

H.K. Ropes $....

STORES, & Dairy Farms (old) Dairy Farms (new) s. Watsons $.02. Lane, Crawfords $ Sinceres ....... Wing On (H.K.) $. Powell, Lid. 3...

COTTON MILLS Ewo Sb. $........ S'hal Cotton Sh. $. Zoong Sing, Sh. $... Wing On Textiles, Sh..

MISC. H.K. Entertainmenta $. Constructions (old) $. Constructions (new) Vibro Piling $...... Ch Govt. 5% 1023

G. Bonds Marsmans (Lon.) 8/- Morsmans (H.K.) /

Plenty Of Planes, But No Bombs

Watchful Aerial Activity

LONDON, Oct. 11 (Router). The B.B.C. correspondent with the R.A.F. in France says that air activity on the western front nt present is confined reconnoltring activity.

to

No bombs have been dropped by either side.

At small cost our planes have taken nhistographs of the Siegfried Line, but the Germans, for the same cost, have nothing to show for their air tights, which have been almost wholly over German territory.

The only German fight over the French lines was by n single machine Bying very high, and the Messer- Schmidt fighters are the only enemy planes seen.

Fronchman's "Slimy Guv'nor"

correspondent describes recent dogfight between British and French planes and German machines, in which one of the enemy machines was shot down.

The

ÜL

One of the British plones develop- ed engine trouble, but the pilot was fucky enough to land behind the Maginot Line. He was greeted by a pollu with the words.

"Bilmy, Guvnor! You're blooming lucky!"

The poll was a Frenchman whose home is In South London.

Consuls Held

In Reich British Officials Said Comfortable

ኪ

GPECIAL TO THE "TELEGRAPH" LONDON, Oct. 11 (Heuter).- Mr. R. A. Buller, Under-Secretary for Foreign Alatre, replying to question in the House of Commons to-day said Is Majesty's Govern- ment had no offeinl inforination as to the constitullon of the new Czech Government

Asked for a statement as to the present position between Britain and Spain, Mr. Butler said: "Our rela- tions with Spain are developing in a normal and friendly manner."

14

British Consuls In Carmany Mr. Butler also revealed ut ques- tion time that 11 members of the Bri- tish Consular Service and five mem- The Times" refers to the newbers of the British Consular Service .202 D. Foreign Minister's work at

365 band his cancillatory and constructive still in Germany.

Geneva and Ave members of their staffs were 1% n.

temperament. 170 b.

Talks In London

According to the reports of the United States' Charge d'Afaires in LONDON, Oct. 11 (Reuter), The Berlin, they were đ7 n new Polish Foreign Minister,

comfortable at who hotels

12 n. arrived in London from Paris thin

The three who had been in prison,

certala

German officials in Britain, Haye now returned to the hotel.

It was hoped shortly, added Mr. Butler, to arrange for an exchange of British and German consular officers.

30 n. morning, had a long talk with the pending the release from custody of 30 . Forelin Secretary. Viscount Halifax, 83/14 n.ut the Foreign Office this afternoon. .8.10 n. He conterred with Mr. Chamber- Iain al No. 10 Downing Street, and .101 sa.at night was a guest at a banquet .18 sa. given by the Polish Ambassador.---- 4.30-en. Another guest

71⁄2 B. Kennard, who is to take up duties na was Sir Howard 125 n. Ambassador to Poland in a few days .0%

.4.0.

STOCK EXCHANGE

ut the seat of the Polish: Government VERY CHEERFUL

in Paris.

In Paris, the Polish Cabinet met n.before the Foreign Minister left for

London under 4.50 b. The Foreign Minister delivered a General Sikorsky. 32 b.

report. .par. n.

..

LONDON, Oct. 11 (Reuter)-The Stock Exchange spent a thoroughly cheerful session, encouraged by M. Daladier's and Sir Kingsley Wood's speeches, though some quarters pre- berlain's speech 10-morrow, ferred to await Mr. Neville Cham-

Merchant Fleet Saved Measures have been taken in con- .74 n. 4.15 b. nection with the Palish

merchant feet, most of which was saved, and 100 11.

The Air Minister's remarks regard all civil rights have been restored aviation and motor holdings, while ing the increased production helped .15.70 b. to the ten Polish members of Par-git-edged shares were notable for a

7.40 .ament who had been exiled several .3.70 n.years ago.

.81% n. The Polish Foreign Minister in a .22 n. broadcast, said that in their great .7.05 . hour of trial their spirit was un- 4.00 sa, conquerable, and they were deter- 4034 b. mined to carry on. Their alliance .18 with the tremendous military efforts 11% of the Western Powers would guar-

20 b.antee victory. .7.00 n

"What I have heard from the high- 19/- n. est British and French statesmen has 22/- n. made me realise that we shall not halt until a complete and final victory 14 is won. We are Aghing, not only for .18 .our own freedom, but the freedom ....1 of all nations and a better Europe. 14.25 b. We shall put an end to all efforts

.4% b. to dominate by brute force."

Cession Not Recognised .20.30 b.

LONDON, Oct. 11 (Reuter)-It is 10 b.mderstood in London that 7.90 b. Britain is not prepared to connive at

nany cession of Polish territory.

Lithuania has been told that Bri- .41 .tain cannot recognize the cession by Bussia of Vilna to Lithuanin.

1.80 n.

number of small dealings.

War Loan was at a minimum, which was the first of such business since the war.

Commodities and rubber were frm buying, with sellers reserved. generally, a farthing higher on trade

Wall Street was firm.

S'hai Consular Officials Resign

BPECIAL TO THE "TELEGRAPH"

Japanese Consul, Mr. Miura, together SHANGHAI, Oct 11 (UP)-Tho

with 20 leading officials of the Japanese Consulate and Embassy, have tendered their resignations in volt against Admiral Nomura, the Great support of the Foreign Ofee re-

Japanese Foreign Minister.

On the other hand, it is felt that 10.85 the case of Lithuania is very different 105 trom the Russlori and German parti- 42 n.tion of Poland. 4811⁄2 21.

0.00

Lithuania was compelled to sign the treaty with Russia, hardly be blamed if she takes some and can 1.55 ........1. n. compensation for the virtual loss of ... her independence.

In addition, the inhabitants of the .30% n. Vilna region will be better off under .11/3 n.

Lithuanian rule than under. Russia ..4- or Germany.

Do b. H.K. Govt. 3% Loan ....98 n.

HK Govt. 4% Loan

American Sailor Lost In Typhoon

SPECIAL TO THE "Telegraph”. SHANGHAI, Cet 12 (Internat.)

Troops Move Up HELSINKY, Oct. 11 (Reuter) Several divisions of Soviet troops, na well as many large tanks and heavy nrullery, have been moved up to the Finnish frontier.

The Finnish Foreign Minister will broadcast to the United States to- morrow.

There is a desperate hope that the:

Britain Calls Up More Men

SPECIAL TO THE "TELEGRAFİK" LONDON, "Oct. 11 (Reuter),--The War Office announces that during the next week or two, a large number of men, who have already received calling-up notices, will be joining the colours for military service.

attended a dinner In their honour at the Kremlin to-night.

The Soviet press describes the con- cessions to Russia by the Baltic States at the setting up of an "Iron ring for Soviet defence in the near Baltic."

Occupation Postponed TALLINN, Oct. 11 (Reuter)-The entry of Soviet troops into Estonia to occupy bases rented by Russia postponed to Wednesday of next under the recent agreement has been week. An from Ring

Three Soviet warships to-day en- MOSCOW, Oct 11 (Reuter) -The tered Tallinn Bay and exchanged con-solutes "witly the Estonian coastal Feluded the Soviet-Lithuanian treaty, batteries.

Sweden already has many destroy-An unnamed American sailor of the United States will counsel moderation ers of the latest type..

Parliament passed two bills, one nad daupptared during a typhoon

destroyer USS. Perry tell overboard to Russlo. for setting up a Ministry of National while the warship war on way from Economy, and the other providing hoghal to Manila, It became known Lithusalon delegation which severe penalties for espionage.

lo-day.

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At the H.K. Bowling Alleys

TIFFIN, MY BOY, TIFFIN

* Lovely smell of cooking in the club this morning. Scrambled eggs, Cut lets, and that excellent curry the secretary introduced from Penang. Makes a feller's spouth water. Pre ball a mind to go through the lơ." "Cads you sath of anything except food #1 Zoubt if I shall aver out again.” "Fairly dripping with sweetness and light, this morning, aren't you? Advanced case of hangover, I'I bet a couple of chips. Some of you young fallers haven't mough sense to come in out of the pin.” -

"That's right. Morality, you hypo- crits. I suppose you arowe woke up wish a head w u zuegue like Oof uncleus guany bag.”.

strip

* On the contrary, I have in the panc cultivated some of the fast hang- overs of all time. But that was back in the bad old days befące I'd hand of Mose's Lince Julou.".

** What on earth has Boul't got to de with hangovers ?"

*Everything, my dear Watson.. wipes them out. If you stick to Gilets or bare ́á' goud ütlď wwig before going to bed, you'll have wo regrets in the morning.”

"Bus's Lime Juice yon "Yes; Row's."

“Loud me a powell, and 725 write it domu."

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