1940-12-05 — Page 13

Thursday,

HONGKONG TELEGRAPH

December 5, 1940.

GREATER WAR EFFORT URGED Exchange At OVERCOATS

IN THE HOUSE OF COMMONS

LONDON, Dec. 4 (British Wireless).The House of Com mona resuming the debate, heard a series of speeches from back-benchers almost all devoted to urging upon the Govern ment more drastic action to mobilise the entire resources of the country for victory.

con-

Earl Winterton expressed disappointment at what he con-

to give a sidered the failure of government spokesmen vincing answer to criticisms voleed earlier in the debate.

There was a general desire, he said,~~

tu see Britain take the offensive in

the field but the real offensive must first take place in factories and ship- yurds. He urged also the

vital

lin-

portance of harnessing the resources of India and Africa to provide sup- plies for the Middle East compulgus.

mensures for control of resources and the dansference and training of man- power.

victory.

Fighting In N. Kiangsu

JAPANESE POLICY ANALYSED

Present Incidents and DEI.

CHUNGKING,. Dec. 5 (Reuter).—The outbreak of fighting' that Japan is des between Indo-China and Thailand shows termined to proceed with her southward expansion programme, declares the "Central Daily News."

• expillage, Meanwhile, If)

EFFECTIVE BRITISH

"It is particularly noteworthy that Thailand is resorting to At home he advocated compulsory Belated Reports from Front armed forec after the suspension of negotiations in Batavin be-

& CHUNGKING, Dec. (Central tween Japan and the Netherlands East Indies. News)-Fighting has Aured up again

"Japan is making use of Thailand) in north Kiangsu. Japanese troops Mr. Seymour Cocks (Lab.) agreed based at Hwaian pushed south while pave the way to complete occupa- that on the Home front they must those based at Paoying drove north. tion of Indo-China as a base for herf

southward strip to the wait for

HeThey met with strong Chinese FO- the Netherlands Indies refuse to echoed a demand frequently heard insistance. the course of the debate for constant Japanese sailing out from Kooyu income to terms Japan will take armed

action against them. and vigorous attack against Italy. steam und wooden boats were ollack-

It is reported that as a result of) ed by the Chinese. Three steam

between Vichy Hegotiations bonts and several wooden boats were Isunk, The Japanese returned

Tokyo, French Government's agreement to the three Kangu. LL.P. members, the only group in Chinese troops unleashed a vigorous the establishment of ur bases at the House not giving unreserved sup-attack on the south bank at lelang, port to the war effort, expressed the upper Yangtze port in Hupeh, on view that a military victory by Ger- November 30, exacting a heavy tall

Fof lives. manly was Impossible and it was also impossible by Britain. He said that.

#columns launched simultaneous the sooner there was negotiated

Since The Crusades

Mr. Buchanan, one of

peace, the happier he, as a pacifist,

would be.

to

Saigon."

Joan bat irendy cured the BLOCKADE

· Chinese Comment

A Glance

SELLING

T.T. London Demand London T.T. Shanghai Singapore

TI

T.T. Japan T.T. India

1/2% 1/2% .300

.40%

TT. Batavia

43

T.T. Bangkok

.1481⁄2

T.T. Salgon

T.T. France

.101 .Nom.

T.T. Switzerland

T.T. Australia

.1/01⁄2

BUYING

4 m/s L/C London

.1/3/21⁄2 .1/3% ..24%

Nom. ...041

4 m/s D/P London

4 m/s L/C U.S.A.

4 m/s France

30 die Indla

U.S. Cross rate in London 4.02 US. Cross rate in NY...4.03

H.K. Stock Market

The

following quotations were Issued on the Hongkong Stock Mar-

BÄNKS

HI,K. Banka S.

1.K. Banks £..... ILK. Banka (H.K.) £ Chartered £.... Merconille, A. & B. £ Mercantile, c.

East Asin

Canton 4.

Union

*. £

INSURANCES

The newspaper is convinced that? CHUNGKING, Dec, 5 (Reu-ket this morning. there is an intimate connection beter).The chances of Germany tween the clash of Indo-China and breaking through the British Thailand and the situation in the On the same day several Chinese Netherlands East Indies. In other blockade are very slight, de- Larks at Tachai in the fchang sector, words, Japan is now on the eve of clares the official "Central Daily

At the News" leading article. |Breaking through

en-her southward expansion. barbed-wire

we believe that same time

if the tanglements, they engaged in hard-United States has a Arm determinafore the entry of the United States, "During the Inst European war be- Mr. Vernon Bartlett, (Ind.) said to-hand 'fighting. there had never been a war since the On the north Yangtze tank Chinese ton to check Japan, she can do 50 fermany controlled more territory Crusades in which the moral factors troops made an attack at Nenisin-before the situation gels out of hand." in Europe than she does now. On the were so much on one side and the kwan under protective barrage

land Germany's only outlet will be material factors were on the other early in the morning of December 1.

to push through the Balkans. Japanese troops marching from

"It is true He stressed the importance of the

that British shipping allies making sure that they secured Wulishih in the southern suburbs of the support to which entitled them Tungcheng in south Hupeh into

but Britain can purchase ships from were intercepted by a clear declaration of war aims. Tungchung

America and her own construction Sir J. Wardlaw Milne (Con) was December 1.

must be considerable. We cannot not satisfied that the full Industrial Juanese artillery on the north

pay that it is liepossible for Germany strength of the country was yet being bank of the Sinising River in north

to break through the British but the thrown into the struggle.

lunan shelled the Chinese positions,

chances must be very slight indeed." Chinese guns replied and destroyed a Japanese observation post.

Spenking for the Government in the course of the debate, the Lord President of the Council, Sir John Anderson, warned Members against seeking: immediate results at the ex- perise of the systematic development of productive capacity by which the full weight of Britain's effort would in due time be brought

crushingly on the enemy.

to bear

No Barter Of Our

Sovereignty

POLES PUNISHED asses to-day are extremely serious

on LONDON, Dec. 4 (Reuter)-Vine Poles were sentenced to death at Poznan in German occupied Poland, states the German wireless. With 29 others, they were charged with com- mitting acts of violence against the Germons. The remainder were non- tenved to long terms of hard labour and imprisonment.

SPECIAL TO THE "TELEGRAPH" LONDON, Dec. 4 (UP),—The Lord

Taking up Earl Winterton's point, Keeper of the Privy Seal, Mr.;

Indo-China-Thai Communications

No Truce For

Christmas

SPECIAL TO THE “TELEGRAPH" LONDON, Dec. 4 (UP)—There is no chance ef # Christmas truce,

sources

SHANGHAI, Dec. 4 (Reuter) according 10 authoritative he called attention to the recent sue-Clement Attlee, assured the House of Indo-China nuthorities announce that here to-day. They pointed out that cessful conference of the eastern Commons to-day that the Govern- all wireless communication between sea mines and time bombs cannot be group at Delhi. Recommendations ment is not considering the barter of Indo-China and Thailand is suspend-prevented from exploding. had just become available to Govern- sovereignty over any Briush territory, ed except for a cable vin Singapore, ment which would come to a decisim in return for war materials from according to a Japanese report from with the least possible delay.

foreign countries.

Hunol.

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Berlin Statement

BERLIN, Dec. 4 (UP)--"In view of Churchill's rejection of the truce iproposals any statement would bel

superfluous," authorised here stated to-day-

quarters

RICE PAYMENTS FOR LAND TAX

Plan For Next Year CHUNGKING, Dec. 4 (Reuter).- The collection of the land tax in rice Instead of cash is expected to be en- forced next your accord official "Central Daily -The

to the

(proposa},"it"states","was"adopted":

In principle at the July meeting of the Supreme National Defence Council; while the details were approved at the meeting of the Executive. Yuan on November 13 and the Ministry of Finance then decided that the Land Tax for 1941 should be collected in rice.

The Chinese newspaper estimates the tolof national land tax, including Japanese occupied areas, at about 200 million dollars, According to the 1925 budget, the land tax totalled 90 million taels or one-fifth of the national revenue.

Predicts U.S. Will Enter The War

SPECIAL TO THE "TELEGRAPH" SAN FRANCISCO, Dec. 4 (UP),—| "There is no doubt" that the United States will enter the war because! "those in command are perfectly made to be in the game" declared Senator Hiram Johnson to-day.

He added that any repeal of the Johnson Act would result in "great ülekering" between the two nailons): when peace comes,

China Underwriters $. H.K. Fire $.

Douglas $.

SHIPPING

Steamboats $.

Indo-Chipas P, $. Indo-Chinna D. $.. Sholl (Bearers) s/-

$....

Waterboats CKS ETC.

Wharves $.

Docks (old) $. Docks (new) $. Providents S'hai Dockyards $. MINING

Kailan /- Rauby $ H.K, Mines

1,275 b.

.72 n.

.76 1.

.7%.

.25% I.

10 n.

173 n.

.105 b.

.310 sa.

...in.

.150 n.

135 n.

11 n.

.100 n.

.80 n.

33/9 n.

7 n.

.80% n.

.17.10 b.

.18 b. .5.10/25 sa.

.31.

16/3 m.

.0% n.

.1% cta. n.

LANDS

Hotels

.3% n.

Lands $

314 b. 100 n. 111⁄2 n.

.7.20 n.

.3% b.

100 n.

.174 8.

Peak Trams (ald) S.,

7.40 n.

Peak Trams (new) $.. Star Ferries

3.70 n.

58 n.

Lands 4% Debentures S'hai Lands Sh $. Humphreys $.. 1LK. Realties $. Chinese Estates $.

UTILITIES

Trams $..

Y. Ferries &

.2244 b. Chinn Lights (old) $ c d...7.10 b. (new) $ c. d. 0.70 b.

China

H.K. Electrics (old) $.....381 b. +ad 38 b. II.K. lectrics' (new) $... Macno Electrics (old) $....17% n. Macao Eleriries (new) .$16 n. Sandakan Lights

.1112 D. ་་ ་ ་ Telephones (old) $. .2411⁄2 b. Telephones (new) $...10 b. & 30.

INDUSTRIALS ~Caid: Mofg. (Ord.), Sh. $.,14,90 m

Cold: Mack. (Pret.), Sh. $..,12 n. Canton Ices $. Cements

H.K. Ropes

S... STORES, &c. Dairy Farms $. Watsons

17/9 50. 0.00 b.

.184 b. .10.20 6.

$.

2.9 n. .2.15 n.

.39 n.. .3,00 b.

.38% n.

185 n.

Lane Crawfords Sinceres $.. Wing On (H.K.) Powell Ltd. $.

COTTON MILLS Ewa Sh. $. S'hal Cotton Sh. $. MISC.

.08 n. ..04 n.

n.

1.K. Govt. 4% ILK. Govt, 31⁄2% (1034) H.K. Govt. 34% (1040) Ch. Govt. 5% 1025 GSBds. 35% n. H.K. Entertainments $.....6.65 b. Constructions (old) $......1,00 b. Constructions (new) $. ....1 n. Vibro Piling $.

.7.80 n. Marsmans Inv. (Lon.) s/-..7/8 n Maramons Inv. (H.K.) s/− ..2/0 n.

China Repays Her Credits

More Laid Up Ships SPECIAL TO THE "TELEGRAPH"

May Be Released

WASHINGTON, Dec. 4 (UP)- China has repaid över $5,000,000 from LONDON, Dec. 4 (Reuter)-An the $20,000,000 borrowed from the unconfirmed report says that the United States, the payments being United States will shortly release made mostly in tung oll, Mr. Jesse, thousands of tons of Merchant ship-Jones, Secretary of Commerce ping to Britain and the United States vealed to-day. Maritime Commission which yester- ile added that several hundred day authorized the Black Diamond thousand dollars of the repayment S.S. Company to sell to Britain four consisted of tin shipments, and re- cargo ships, is expected to offer 16 marked: "China must hurry her more laid up ships in a few days. mining."

re-

Germany Tightens Her Hold On Rumania

Special to the "Telegraph"

BERLIN, Dec. 4 (UP)—The official news agency reports

- that Germany has signed a new agreement regarding German- Rumanian co-operation for carrying out an economic ten year. plan for Rumania...

1

The new agreement protocol calla for the following terms

12The granŭng of long term ere»

dits 16-Rumania by Germany, The Intensifienflori

operation in the development of agriculture and forests for which – Germany will increase. shipments of; mschinery, and “materials, B.Technical and financial aid: to

Kumantan induiry, cá

in Readiness.

Overcoat time approaches and

finds Mackintosh's in readiness

with a notable display of

AQUASCUTUM Coats,

There are coats in the newest

designs, colourings and styles

for every occasion of autumn

and winter, and remarkable

examples of value for price.

MACKINTOSH'S

MEN'S WEAR

SPECIALISTS

DRINK

Ltd.

EWO

PILSNER

At The "Red Lion Inn”

ST. ANDREW'S CLUB

PRESENTS

DRAMATIC PERFORMANCES

IN

ST. ANDREW's Church HALL

. ON

THURSDAY TUESDAY &

17th and 19th DECEMBER

AT 9 p. M.

TICKETS --- $2 and $1.

PROCEEDS IN AID OF "S. C. M. POST" WAR FUND.

Under the Distinguished Patronage of H.E. the Acting Governor.

THE HONGKONG SINGERS assisted by Y. K. SZE (bass) and a String Orchestra.

will give a

CONCERT OF MADRIGALS

AND PART-SONGS

on Thursday, December 19th, 1940. at 9.30 p.m. in: the ROSE ROOM, PENINSULA HOTEL.

Tickets $3, $2. $1, obtainable at Peninsula Hotel & Hongkong Hotel.

All proceeds will be given to the Lord Mayor's Fund for the relief of air raid victims.

Passport Photos Executed Promptly

MEE CHEUNG

#

PHOTOGRAPHERS

15, 23, Ice. House Street,

Tel. 26379.

TH