1940-04-24 — Page 11

FLYING STANDARD. FOUR-DOOR “EIGHT"

An entirely New Model

Independent front wheel suspension All-Steel body with ample luggage accommodation

Built for economy 45-48 m.p.g. Low Tax

FAR EAST MOTORS

Tel. 50101

20 Nathan Road.

Dolar

Manager In 2.18/164. T.T. New York Hongkong Telegraph"

König Uktës Morning Post, Lid,

Street, Hongkung.

The

SECOND EDITION

Court

Hongkong Telegraph.

FOUNDED 1001

NO. 10131

三拜禮 號四廿月四英港香 WEDNESDAY,

APRIL 24, 1940. tz

SINGLE COPY 10 CENTS 630,50 PER ANNUM

Going on Leave?

We have a comprehensive schome for trading-in your car..

CONSULT US..........

GILMAN'S-the car

people

SIMON'S MAMMOTH Sir Nevile Henderson

19

ON

"WIN THE WAR' BOMBING FIERCE BATTLE TAXATION PLANS BRITAIN

SIR JOHN SIMON, CHANCELLOR OF THE EXCHEQUER, PRESENTED HIS SECOND WAR-TIME BUDGET IN THE HOUSE OF COMMONS LAST NIGHT.

HE ANNOUNCED STAGGERING INCREASES IN DIRECT AND INDIRECT TAXATION. HE IS MAKING FRESH DEMANDS ON ALMOST EVERY SOURCE OF REVENUE FROM HIGHER INCOME TAX, INCREASED SURTAX AND WHAT HE CALLS A NEW "PURCHASE TAX”; TO ADDITIONAL TAXATION ON BEER, SPIRITS AND TOBACCO, AS WELL AS INCREASED CHARGES ON POSTAL, TELEPHONE AND TELEGRAPH RATES.

THE NEW TAXES IN BRIEF

IN BRIEF, BRITAIN FACES THE FOLLOWING NEW TAXATION TO HELP FINANCE THE PRESENT WAR:

price.

Standard income tax rate increased from 7/- to 7/6d in the £.

Surtax on incomes of £1,500 instead of the previous minimum of £2,000, One penny a pint increase duty on beer.

One and ninepence increased duty on whiskey, which will make a bottle of whiskey cost 16/- retail

Tobacco duties increased by 4/- per pound, equivalent to 3d an ounce, with proportionate increases on cigars.

Excise duties on matches to be doubled, making a box of 50 matches retail at 11⁄2d instead of ld as at present.

Inland postal rates to be increased from 11⁄2d for two ounces to 21⁄2d. Printed papers to be increased by 1⁄2d a packet. Newspapers by 1⁄2d.

:

GOERING'S

PLEDGE

RAGING FOR

OSLO'S GATEWAY

STOCKHOLM, April 23 (Router)—It is reported hero that a fierce battle is raging in central Norway for the possession of the gateway to Oslo, where the Gudbrandsdal Valloy ontors SEE PAGE FOUR the southern plain near Lillehammer. NEW ACTIVITY IN

MEDITERRANEAN

SPECIAL TO THE "TELEGRAPH"

SOFIA, Apr. 23 (Domei).—Concurrently with the increase

in tension in the Balkans, naval activities of the Powers in the Mediterranean are exciting more than usual interest.

The Italian Navy is now stag-| Ang manoeuvers on a large Scale near the Dodecanese Islands, which is near the entrance to the Dardanelles.-

Postcards fromd to 11⁄2d Turkey has tacitly

Foreign postal rates for letters increased from 21⁄2d to 3d and for postcards from 11⁄2d to 2d. No increase in air mail charges.

Inland telephone increase of 15 per cent. as from May 1 for trunk calls, as from July 1 for rentals and miscellaneous charges.

A Purchase Tax in the form of a percentage on the price which will be paid at the stage when the wholesaler is selling to the retailer. Sir John Simon says that the one great advantage in applying the surtax at this point is that it makes it secure that there shall be no purchase tax imposed in respect of

[goods for export.

Britain's Revenue and

SEEKS £1,234,000,000 REVENUE

The Chancellor said that he was seeking to jobtain from revenue a total of £1,234,000,000

Expenditure Since 1913 which was the largest figure over drawn from

The income and expenditure of Great Britain for the years since the beginning of the Great War have varied as follows:

Revenue £198.243,000

226,634,000

1913-14

1914-15

1915-16

1D16-17

1917-18

338,767,000 573,428.008 707,235,000

1918-19 1019-20 1920-21

1921-22

1922-23

1930-31

1935-36 1917-38

1938-39 1939-40

1939-40"

1940-43 (est.)

889.021,000 1,339,571,090 1,425,085,000 1,121,880,000 914,012,000 775,804,905 752,920,000 875,218,000

Expenditure

£ 197,493,000 300,174,000 1,568,188,000 3.128.113.000 2,056,221,000 2,573,301,000

Surplus (4)

or Deflelt (~} + £750,000 333.279.00D -1,222.392.000 -1,621,685,000 -1.988,987,000 --1,690,280,000

320.202,000 238.557,000 45.693,000 -++ 101,516,000

1.005,773,000

1,195,128,000

1,579,187,000

-+-

812,457,000 799,170,046 749,979.000

**

#17,024,000

4.

936,335,000

943,640,000

942.600,000

D42.144,000

595.000,000

1,234,000,000

1,033,000,000 2,586,000,000

יד

23,276,000

2,911,000 28,694,000 12.711,000 156,000 938,000,000 -1,432,000,000

BRITISH BOMB OSLO

FOR 2.1/2 HOURS

SPECIAL TO THE "TELEGRAPH"

MELLERUD, April 24 (UP). — Allied planes bombed Oslo for 2 hours this morning. The attack started shortly after midnight.

Squadron after squadron of British and French planes swept ever the northern suburbs of the former Norwegian capital, ca Jonding their bombs on the air-port at Forniko.

One of the bombs miscarried and

Evacuation Prevented

taxation in a single year in the history of British finance.

He said this was absolutely necessary because they had to contemplate an expenditure of at least £850,000,000 more than the preceding year.

(Reuter).

LONDON. Apr. 23 Continuing his Budget speech, Sir Julin Simon, Chancellor of the Exchequer, then dealt with the ques- tion of how much would be provided by the continuance of the existing laxes at the existing level.

The yield of death duties was estimated at £85,000,000, and stamp duties at £19,000,000, National De- fence contributions and the Excess

ENORMOUS BURDEN

Budget Strikes At

Proft tax, which are alternatives, Man-In-The-Street

were estimated to yield £70,000,000.

If there were no Excess Proflis tax. they could look for yield of £20,000,000 from National Defence contributions.

36

Irland Revenue duties on the exist ing basis were estimated to yield £650,000,000-an excess of £75,000,- 000 over what it was fast year.

As regards Customs and Excise

SPECIAL TO THE "TELEGRAPH"

LONDON, Apr. 24 (UP),-- Britain's first full War Budget appears to have been deliberately designed to hit the average man and woman, not once, but again

and again, until the Exchequer

cunt-

The Soviet Fleet has niso menced manoeuvres in the Black Sca. Concession To Allies Unconfirmed reports state thut granted Allied warships passage through the Dar- danciles should the necessity arise.

Four countries maintain flects in the Black Sent

They are Soviet Russia (80,000) tons at Odessa and Sebastopol), Turkey (55,000 tons at Ismid Bay).. Rumanta (14,000 tons) and· Bulgaria' (1,800 tons).

-

Italy And Adriatic

SPECIAL TO THE "TELEGRAPH" LONDON, Apr. 24 (UP)-Diplu-į matic sources in London estimate that | the chances of armed Italian inter- vention in the Adriatic Hre now slightly less than 50-50.

They doubt whether Italy, will -make-hint-attack-on-the-manfund

of

Yugo-Slavia, but believe that there is it possibility that Mussolini may order the seizure of several strategic Yugo-Slavian islands off the Dalma- tlan coast.

It is believed in diplomatic circles here that Hitler la continuing to| strongly urge Mussolini to enter the wor.

Rome, however, appears to be resisting the Nazi overtures.

Allies Ready In Balkans SPECIAL TO THE "TELEGRAPH"

LONDON, Apr. 24 (UP).—Turkish sources in London state that strong Allied forces are being concentrated at Thrace in readiness to act against any aggressor in the Balkans,

the

General Weygand, Commander-In- Chief of the Allied Forces in Near Enst, is in personal command of these forces.

ANZAC DAY

IN H.K.

Australian Sailors To Take Part

Nearly a hundred Australian Officers and ratings now station- participate in the Anzac Day ceremonies at the Cenotaph Hongkong to-morrow.

which produced £400,000,000 in 1930- 40, it is estimated on last year's basis has mopped up taxes and loansed with the China Squadron will

to produce this year £420,000,000.

For motor vehicle duties, fie estimated revenue at £36,000,000,

To Absorb Post Office Ravenuo

Sir John then dealt with Post Office revenue and disclosed that it had been decided to take the Post Office revenuç

into the Exchequer,

totalling £2,667,000,000,

This colossal amount is the equiva- lent of 42 per cent, of this year's estimated national Income of £0,000,- 000,000,

At first glance there seems to be it

Inflation Foarod

The machinery operating in the big shift from direct taxation, such as Excess Profits tax was being made income tax and surtaxes, to indirect Before the attack, leaflets were "were purely bluff on the part of the more efficient, but it must not be taxation.

imagined that the changes involved dropped on the city. warning the enemy."

constituted merely list of concessions

a elvilion populace to evacuate or to

10 tax-payers. They did not.

There

Normally, the Chancellor of the remain in their cellars.

would be consideration for concerns Exchequer alms at sharing direct

to depressed Industries. landed in the centre of the elty near Germans doubled their guards at the belonging the war conditions, they taxation and Indirect taxation equaf-|

must postpone the general revaluation Y. Sir John Simon's speech han of properties for assessment for plainly shown, however, that the The leaflets were printed in Nor-Income tax which otherwise should Government, fearful of Inflation, Is wegian and French." They said: have been made this year.

"Wo are coming to help you.

Customs Proferenco "Evacuate the country.

the Continental Hotel causing con- siderable damage.

This was the only evidence of an explosion inside the city.

City Blacked Out

The city was blacked-out all night, and heavy anti-aircraft fire greeted the Allied machines.

In order to prevent evacuation, the milway stations and at all ronds lend- Ing out of the city.

"We do not intend to bomb the

In view of

determined to curb popular expondl- Jure as much as possible.

in

It is interesting to note that these Australians were the first people to leave Australin for active service after the outbreak of the war. They have been stalloned in the Far East

since last September,

Wreaths On Cenotaph

Wreaths will be laid on behalf of the Australian navol personnel now will have a peculiar significance, for in Hongkong. For many Anzac Day

It was the day on which their fathers received their bapilara of fire, and in many cases fell, in the famous Gaill- poll Landing 25 years ago.

MONGOLIA

Taiyuen

HAHAR

Kaif HONA

PEI

KIANGSI

CHINA REGAINS

A CAPITAL

SPECIAL TO THE "TELEGRAPH"

CHUNGKING, April 24 (UP). For the first time in nearly three years of warfare, China has regained a provincial capl- tal.

It is officially announced that Chinese forces have entered Kai- feng, capital of Honan Province, Kaifeng fell to the Japanese in 1938.

through Entry was elected

the north and south gates of the city after an all-night engagement in the Luburbs.

Garrison Wiped Out The oficial communique slates that the Chinese foreds now, control all the main streets of the city.

Japanese remnants are now being mopped up.

The Chinese forces intend to make fa effort to maintain permanent Decupation of the city," the communi- que concludes.

Italy To Expand

Air Force.

SPECIAL TO THE "TELEGRAPH" ROME, Apr. 23 (Domei).-Italy is to embark immediately upon a three

for her year expansion plan

Air Force.

The plan will involve the expend!- ture of 7,000 million lire.

It has already been introduced in

the Chamber of Deputies.

British and Norwegian troops are attacking in

the direction of Hamar

and have reached Noelv, despite strong German resistance.

The messages declare that the Norwegians are being equipped with modern arms from the Allied depots.

Further cast, German forces which had been thrusting from Elverum northwards towards Rena, are now reported to be retiring.

Nazis Lose Four Planes

The "Afton Bladet" reported that in the course of Tuesday the Germans lost four alrcraft in the same region, of which three fell to the anti-alr- craft guns from British warship, white

the fourth made a forced landing in the hills and was burned by the crew whom the Norwegians took prisoner.

Fighting # also reported at Melhus, only 12 miles south of Trondheim,

The newspaper adds that although reports of the recapture, of Hamar. And Elverum are now known to be premature, British and Norwegian troops are making in strong attack towards Hamar.

Naxi Counter-Attack LONDON, Apr. 23 (Router).-A War Office communique issued to- day says that operations in Norway are proceeding in co-operation with the Nurwegian forces.

com-

In the south, states the mmunique, our troops are working in conjunction-with-the--Norwegians- PLEASE Turn To Pago 2,

LATEST

New Naval Fight In Skaggerak

SPECIAL TO THE "TELEGRAPH" LONDON, Apr. 21 (UP).—Stock- holm-Radio announced that there are reports of another naval engagement In the Skaggerak.

The report quotes Asherman as stating that they heard terrifle gun-, fire off Bohuslan.

Sixty detonations were counted.

See Back Page For

Further Late Nows

Warm Reception Awaits Nazi Parachute Troops.

SPECIAL TO THE “TELEGRAPH!". LONDON, April 23 (UP).—If Germany's doomed battalions of parachute troops attempt to invade Britain by plane they will Wreaths are also to be laid by the meet with a warm reception. Australian and New Zealand Associa- Britain is prepared to meet any were landed by parachute by the tion, by representatives of the Army, attempted German invasion by this Germons in Norway."

Oliver Sir John also proposed an amend-)

Answering supplementary quer or any other method. Mr. Offretting whatever disturbance the by several local residents who served city, but our attack will be centred ment of the legislation to deal with

In the dra

frst Australian Infantry Force

Stanley,

the Minister for War, fold ion, Mr. R. A. Butler, Under-Secre The German authorities refused to on the Osio airfield. Do not be certain forms of catato duly avoid-numerous consumption-taxes—includ-

tary for Foreign Affairs, maid that the House of Commons to-night, -predecessors of the 2nd A.L.F. now ing the new and novel Sales · Tax→→ permit any civilians to evacuate the afraid."

The statement was made in res- no apprelionatons were felt in Eng- city, even after the leaflets were first I have just returned from

In regard to Customs and Excise, may cause, there will be huge relief in Egypt and Palestine and by

other local residents.

ponse to a question by Mr. Burton, and that persons in the United dropped by twa French planes. after cycling through the German and Sir John proposed to introduce legis at the fact that the Government has

The Cenotaph ceremony will take a Conservative Member, who cited Kingdom were available to the Nazis The populace was informed Chat Norwegian lines north of Kongavin-lation on two points; (1) To assist definitely turned down

place at 11 o'clock to-morrow morn the "wonderful manner, in which to facilitate the landing of a ClernKII PLEASE Turn To Page 2.- for compulsory lending,//// they were to ignore the leafiela which ger.

ing

machine guns and collapsible cycles expeditionary force.

ance.

Oslo

the scheme