1940-07-24 — Page 1

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graph ing Post, Ltd,

eet Hongkung

The

FIRST EDITION

Im going

home

Hongkong Telegraph.PHILCO

FOUNDED 1801 26 Nathan Road,

No. 10to

三拜禮 號四廿月七英港香 WEDNESDAY, JULY 24, 1940.

Income Tax UP: Surtax UP: Tobacco UP:

Beer UP: Estate Duty UP: Wines UP

BRITAIN'S ALL-TIME HIGH RECORD BUDGET

(SPECIAL TO THE "TELEGRAPH”)

LONDON, JULY 23 (UP).-BRITAIN'S SECOND 1940 BUDGET HAS INCREASED

INCOME TAX TO THE ALL-TIME RECORD OF 8s. 6d. IN THE £.

THE INITIAL £165 WILL BE TAXABLE AT THE RATE OF 5s. INSTEAD OF 4s. 3d. SURTAX ON INCOMES EXCEEDING £2,000 WILL BE INCREASED FROM: 1s. 3d. TO 2s. THE HIGHEST RATE OF 9s. 6d. SURTAX WILL BE APPLICABLE TO ALL IN- COMES OVER £20,000,

TOBACCO WILL COST ANOTHER 2s. A POUND EXTRA.

Duty on estates over £10,000 will be increased to 10 per cent.

The higher income tax will increase receipts by £60,000,000 this year and £84,000,000 in the next full year. Receipts from income tax and surtax will be £635,000,000 for a full year, which is more than the total revenue from all sources in the years before the 1914-18 war.

CET YOUR MONEY READY

LONDON, July 23, (Reuter).-Sir Kingsley Wood, Chancellor of the Exchequer, began his Budget speech.

in the House of Commons to-day at 3.20 p.m. G.M.T. to cries from the Opposition benches of "Get Your Money

DENOUNCES RUSSIA

Outspoken Comment By Sumner Welles WASHINGTON, July 28 (Reuter)-Mr. Sumner Welles. who is acting Secretary of State in the absence of Mr. Cordell Hull who is at Havana, to-day denounced the absorption of Estonia, Latvia and Lithuania by the USSR as a "deliberate annihilation",

He told a press conference that thei people of the United States opposed to predatory activities, no

Ready."

The Chancellor sald that in the April Budget, the total of £2,000,- 000,000 was given with all reserve as a provisional round figure for wor expenditure during the current year. It was then stated that under the present conditions, any estimate made for so long ahead was bound to be largely in the nature of a guess.

The revised estimated war expendi- turc for the current year WGS

£2,800,000,000.

The revised estimated excess of ex-' penditure over revenue would be in the region of £2,200,000,000.

£40,000,000 A Week

The Agure of £2,000,000,000, estimated in April for war expendi £40,000,000 a week during the year. ture, represented an average of The rate of expenditure during recen!

weeks had been £50,000,000.

The latest figures showed that for the four weeks ended July 20, the rate was £57,000,000 a week.

matter whether they are carried an With an increase of £880,000,000 by the use of force or the threat in the estimated war

of force."

total of all expenditpenditure, the

In a formal statement. Mr...Wellea £3,407,000,000. said that although the three States

came to

The excess of expenditure thus bad vated to join tussla, the United estimated over revenue would be in „States would continue to recognise the region of £2,200,000,000,

their Ministers

duress.

Ministers of

Washington Flutter

Not So Alarming sovereign governments now under While the gap between геуспие and expenditure was formidable, it was not so alarming us at first sight WASHINGTON, July 23 (Reuter), might appear. "To meet that part Sumner Welles, Assistant of our expenditure paid overseas, we Secretary of State, denouncing the are able to a considerable extent to Soviet absorption of the three Baltic draw upon outside resources in three atates, caused considerable surprise] principal ways.

"Firstly, we can dispose oversees of

Mr.

ton.

among political observers in Washtag gold which is the property of the I had been believed that relations Government and which other nations between the United States and the are ready to purchase. U.S.S.R. were Improving- belief

Secondly, supported by the steps taken recently securities which the Government has dispose of to release machine tools and other purchased from persons in

country.

не сап

this The contents of Mr. Welles' state- Thirdly, the Dominions and India ment perhaps are less striking than are not spending the whole of the proceeds of our large expenditure

goods to the U.S.S.R.

its biting phraseology.

It la generally supposed that the upon their products but are allowing President must have been consulied part of them to accumulate in the before the statement was made, but form of balances and other short

re-term investments in this country."

it is not clear whether it was

ferred to Mr. Cordell Hull.

Minister Rebels

the Estonian

03

no

or act

Large Gap To Fill

The Chancellor, said there was n large gap to fill which would require

Jonge from a Government which on a balance higher than it was.

people,

represents the free Estonian

LONDON, July 23 (Reuter). "Reuter's" diplomatic correspondent further considerations and continued learns that the Estonian Minister in efforts in the form of increased tax- London has informed the Foreign tion and additional savings and be- Minister that he is unable to hind this recognise the surrender of inde-

formidable problem there pendence of his country as a freo: lay economic problems of funda- genuine expression of the will of mental Importance.

One consequence of the huge ex- people, Consequently, he does not regard was incurring, was that

penditure, which the Government binding any decision

the total money income of the

community was Continuing, Sir Kingsley

Wood Similar demarches were made by tion to extend restrictions on normal

says it was the Government's inten the Ministera of Latvia and Lithuania.

At the same time, they handed the supplies to traders. By this action Foreign Office a memorandum based they would enable manufacturers to on the constitution of the three court-maintain, and where possible, to

extend. tries whereby they will endeavour to be regarded as a vital part of the the export trade which must establish that the elections were held war effort. under foreign pressure.

"There must be increased direct and indirect taxation. It is evident that further taxation on the largest scale possible and covering as wide pa fold as possible is imperative.

Ready Response Anticipated

Another Dramatic Evacuation Development

SINGLE COPY. 10 CENTS:

日十二月六: ́$30.00 PER ANNUM·

MEAL-TIME FOR THE EVACUEE CHILDREN

AMAZING ALLEGATION BY AUSTRALIAN GOVT.

Homeside Evacuation Discrimination Denied

:

THE TWO PHOTOGRAPHS on this page were received by Clipper, air mail last night. They were taken at Building No." 140, Fort McKinley, and show the evacuee children receiving their mid-day meal. Above the children line up at the tables with their tin plates, into which the food" is Indled from the dixies. LEFT, another meal-time scene.

R.A.F. Carry On The Good Work DESTROYING NAZIS SINEWS OF WAR

LONDON, July 23 (Reuter).-Further details of last night's R.A.F. attacks are given by the Air Ministry news service.

At Bremen and Fockewalf, aircraft works already damaged In previous raids, were bombed for the second night in

Hungary's Claims

Hitler To Play His

Usual Game

succession.

Several explosions occurred and many Ares were started.

Hits were niso obtained on docks. In a raid on an aircraft store at Faderborn, a largo explosion was re- ported between" the "hangars from which columns of smoke were scen rising.

Oil Plant Hit;

In an attack on an oil plant at Gelsinkirchon an observer reported large explosion two minutes after bombs had been released,” but a drifting cloud obscured the full result of the attack.

BUCHAREST, July 23 (Reu- ter). The Prime Minister, M. Gigurti, and the Foreign Minis-

Another raider Inter reported that a large bullding was in flames and ter, M. Manoilescu, who have that columns of thick black smoke been invited to Salzburg on were seen.

While this raid was in progress, Friday, are expected to meet other aircraft were attacking an all Hitler at lunch and to leave for plant and Krupps munitions works Bucharest the same evening. at Easen, but clouds rendered

Widespread Damage

It is generally thought that the curate observation of the results im- subject of the meeting will be possible. Hungary's revisionist claims, and the outcome of the meeting is awaited

Another report says that an air- with the greatest anxiety in informed quarters, which have little doubt park at Paderborn and military ob- craft factory at. Bremen, an aircraft that it will bring the Transylvanian jectives in the Ruhr, including a issue to a head,

.

synthetle all plant at Gelsenkirchen Turn to Page 5, First Column

LATEST

Missing Sergeant Returns

Sergeant J. 8, Burnett' of the

Rumania Incensed The nature of the present Hung- THE AMAZING allegation that the Hongkong Government has not kept the artan press and radio campaign has Australian Government informed of the evacuees situation, and that cables from consternation has been caused by an Incensed Rumania and something like Canberra, the Australian capital, have remained unanswered is contained in a "United "Pester Lloyd," en Sunday, strongly article in the Budapest newspaper, Press"

received attacking the policy of the Rumanian message

Government. from Canberra this morn- The Budapest broadcast this morn- ing.

ing alleged gross ill-treatment of Hungarian minorities in Transyl The message states that the vania und ended by declaring: "The Commonwealth Government has fate of Rumania is sealed."

Political circles here are still con- been unable to proceed with its fused over the division of interests plans for the reception of the in the Balkans between Russia and lack of information. Hongkong evacusca because of assumed that Germany has for the Germany. While it is generally

moment resigned Rumanla to the awaiting information from Hongkong Berlin suggests that Hitler now wants focal police to have given himself The Australian authorities are still Soviet sphers, direct information from AMC., who has been "missing" om for three weeks, is reported by the INCORPORATION

regarding the number and classifen- clarification of the situation in south- up this morning." tion of evacuees, and the date of their cast Europe before launching an It is reported "that Sergeant OF LITHUANIA

departure from Some children had been sent away, portion of parents. The situation

Manlian

Hongkong and offensive against Britain.

At the same time there are indica-Burnett returned to barracks and is KAUNAS, July 23 (Reuter).The

by parents at their own risk before had been altered by an unexpected seeking Information from Hongkong estimated the will for national liberty "It is also equally plain that we

now in the Military Hospital, It is stated in Canberra that e

Germany has that cables tions the Government scheme was on number of applicants. So far there Seimas (Dlet) has decided to send a cannot expect to raise by taxation at fool. delegation consisting of 20 persons, once, and with one Budget so quickly | nonsible for that nor did it make any 175.000.children in slate-aided school. "United Pross" / correspondent re-

Government was not res had been applications in respect of have remained unanswered, then the Balkans. hended by Fresident Paleckis, to following another all the sums that provision for the journey. Unless it and 18,680 children outside those

The Nazis are finding in Rumania Moscow to carry-out arrangements will have to come still further from was

ported.

stubborn resistance ogainst even for the incorporation of Lithuania, in this source. There are severe limits should have prohibited such an ar

contended that Government schools,

minor territorial cessions to Hungary. the Soviet Union.

at any

Official Reply means certain The nationalisation

of bonks, obtaining new revenue, and rangemont there was no case against substance there was in the suggestion IR. A. C. North, was informed of the Viceroy's War Purpose Fund now

These figures proved how little, The Colonial Secretary, Hon. Mr. large enterprises." and estates; of} "Income tax five years ago was

Government on this point. 47

SIMIA, July 23 (Reuter)—The over. 75 acres has also been decided at the standard rate of, 4, Bd and Situation Altered

that there was some kind of social contents of the "United Press" exceeds £700,000. Donations, upon by the Saimas

Fielded roughly 42a0,000,000. To dovernmet could not foresee that the postmonerous at the schemsir, North said: "There appears to pour gift of over £11,000 ( month

distinction in Government's scheme. message eyes Greetings have been sent to day the estimate yield is 2525,000,- when the scheme was launched that was a matter of deepest disappoint- be some mistake. If it is meant that from the Nizam of Hyderabad to four

pouring in from all Stalin,

Turn to Page 5, Second Column (It would appeal to so large a pro Tum to Page 5 Third-Column Turn to Pago 5, First Column pence from a railway porter.

rate on

LONDON, July 23 (Reuter),-A question on the overseas evacuation of childron was raised in the House of Lords to-day by Lord Marley, replying to whom Lord Snell said that there was no discrimination in Government's scheme auch as children. of well-to-do parents getting to the Dominions and the United States while the children of poorer parents had no such advantages.

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