1941-04-08 — Page 18

Tuesday,

HONGKONG TELEGRAPH

CLASSIFIED NEW ADVERTISEMENTS. RADIO

ADVERTISEMENTS 25 words $2.50

days propaid

for

FOR SALE.

MODERN HOUSB For Sale or To Lot. 100 Boundary Street, Kowloon Tong, aren 10,000 sq. ft., nino bed- rooms, four bathrooms, garden, garage. Ask for 69 Temple Street, 1st floor, Yaumali, Kowloon. Tele

phone 58208.

THE HONGKONG NATURALIST, VOL X nos. 3 and 4. Price $4 sale at (postage extra). Now on South China Morning Post, Ltd. CROSS SPRINGER SPANIEL Pup- pica (seven) for sale in aid of the Bomber Fund. Please apply Mrs. Hogg, Jockey Club Stables. "HONGKONG AS REVEALED BY Second Edition, THE CAMERA"

the Over 50 excellent views of Colony, Price $1.80, Obtainable at Kelly & Walsh, Ltd., or from the Publishers South China Morning Post, Lid., Wyndham Street,

German Ships Scuttled

SPECIAL TO THE "TELEGRAPH"

TORONTO, Apr. 7

(UP)~The

Minister of Navy, Mr Angus Mac- Donak, to-day announced that a Canadian cruiser had Intercepted two unnamed German steamers off the

BANK HOLIDAYS

In accordance with Government

ZBW, 355 maires (843 ka) and 3145 |

metres (9,520 kilo cycles) :

BANK S

Ordinance, the Exchange Banks Fourth and Fifth Acts Of Paid-up Capital, ............... £5,000.000

will be cloned for the transaction of Public Business on Friday, Saturday and Monday, the 11th, 12th and 14th April, 1941. (Eastor Holidays).

Hongkong, 7th April, 1941. CHINA LIGHT & POWER CO, LTD.

NOTICE TO CONSUMERS

Notice is hereby given that the Company's standard charges. will } be increased ny from 17th March. 1941, by adding a 10% surcharge to the amounts charged for elec- tricity consumed for lighting and power as per meters read on and after 24th April, 1941.

The existing scale of discounts will remain in force.

By order of the Board of Directors,

D. W. MUNTON,

Manager. Hongkong, 8th March, 1941.

NOTICE

Gounod's "Faust"

Broadcast by Z. B. W. on a Fre- quency of 845 k.c's. and on Short Wave from 1-2.15 p.m. and 6-11 pm, on 9.52 m.c'n. per second,

12.15 p.m. Short Service of In- tercession.

12.30 Selections from Light Opers. 1.00 Local Time Signal.

1.01 The Orchestra Raymande and. Tino Rossi (Tenor).

1.30 Reuter and Rugby Press, und| Announcements,

THE ÇILARTBRED BANK OF INDIA AUSTRALIA & CHINA, Incorporated by Royal Charter 1883,

Reserve Linbility of. Proprietora £3,000,000 Reserve Fund

******* £3,000,000

HEAD OFFICE:-LONDON, 35 Dishopsgate, B.C.I.

Sub-Agencies in London: 111/123, Leadenhall Biteet, E.CJ..

West End Branch! 14/19, Cockspur Street, S.W.L.

Manchester Branch:

52, Mosley Strzel, Bianchester, Z.

AGENCIES AND BRANCHES: Hankow Penang

Alor Star

Amritsar

Hongkong

Rangoon

Bangkok

Ipoh

Balgon

1.46 A Varicly Programme.

Batavia

Hollo

Semarang.

2.13

Close Down.

Bombay

Karachi

Seremban

8.45

Indian Programme.

Calcuita

Klang

Shanghal

Agencies:

Kobe

Singapore

6.30

Closing Local Stock

Quota-Clive Street

Kuala

Sitiawan

tons.

1.32 Carroll 9.32

Fairlie Piace

Lampur Bourabaya

Kuching

Taiping

Medran

Tientsin

Manita

Tongkat

Modas

(Phuket)

New York Tsingtag

Pelping Yokohama

(Peking)

Gibbons and The Canton

Cawnpore Savoy

Hotel Orpheans.

Cebu 1.00 London Relay The News, Colombo 7.15

London Relay "Britain Demi

Haiphong Hamburg Speaks'.

7.30 Portuguess Programme. .8.00 Local Time Signal and An nouncements.

8.02

Studio Saxophone Recital by Falapo

1. Saxo Rhapsody (Erle Coates); 2. Duchess Valse Caprice (R. H. The Duke Rehl).

8.20 Marek Weber and IIis Orches-allowed at rates obtainable on application.

trs

Suite Orientale (Popy); Amoret- tantanza-Waltz (Gung'),

B.34 Tanes of Not-So-Long-Ago. 9.00 London Relay-The News. 9.15 London Relay_Questions of the Hour

9.30 Compositions of Schumann. Notice is hereby given that the

Papillons, Op. 2..

2...Alfred Corlot Pacific coast of South America- firm "F. Rodrigues" established in (Piano); The Lotus Flower....Bent- vessels of 5,000 and 5,000 tons res-916 Macau, in now under manage-amino Gigli (Tenor) with Orchestra; Carnaval-Ballet Music London necilvely. Both ships scuttled them-ment of Mrs. N. A. V. W. Ballet Orchestra; The Two Grenadiers Rodrigues by full attorney of theith Orchestra: Traumerei... Mussed ..Peter Dawson (Bass-Baritone)

Orchestra of Cellos.

volves.

R.A.F. Bomb Sofia proprietor F. Rodrigues.

FROM PAGE ONE.

filt a passenger train at Gothard, killing one woman and a five-year-old

Best Brains For British Budget famous economist, Mr J. M. Keynes, LONDON, Apr. 7 (Reuter)The the champion of compulsory saving, left his ofce in the Treasury to- BERNE, Apr. 7 (UP)The Magyar night with the knowledge that Telegraph Agency's Budapest corres-4,000,000 British lax-payers will

boy.

State of Alarm

9.45 News in Frouch (on Short Wave only).

FOREIGN EXCHANGE and General Danking Business transacted.

CURRENT ACCOUNTS

opened and XED DEPOSITS received for One Year or shorter periods in Local or Other Cur rencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest

The Bank's Itead Office in London undertakes Executor & Trustee business and claims recovery of British Income Tax overpaid on term which may be akcertained at any of His Agencies" and Branchos,

W. JE. EVANS THOMAS,

RELIEVE

Manager.

Rheumatic

10.00 London Relay-Talk: 'Scots Abroad', 10.15 and 5. Gounod's "Faust". Acis IV

V.

Characters and Soloists in order of appearance: Marguerite, Miriam Licette (Soprano); Mephistopheles, Robert Easton (Basa); Siebel, Doris Vane (Soprano); Valentine, Harold

pondent reports that the Hungarian participate in a form of his long Willams (Baritone); Fuust, Heddle Minister of Defence, General Charles advocated and hotly-opposed scheme Nash (Tenor) with The B.B.C. Choir de Bartha, has ordered a state of of com

saving. compulsory

and Orchestra conducted by alarm and a stale of passive defence

p-Thomas Beecham,

SUM

Last July, Mr Keynes pointed by the Chancellor of the Ex- chequer with other economists, com-

to be effective immediately through out the country, with the establish ment of a blackout. The populationmercial and industrial chiefs to the is urged to remain quiet.

Official Report

CAIRO, Apr. 7 (Reuter).-It is officially announced that German military concentrations in Sona orvi motor transport in the Struma Valley were heavily bombed last night.

Treasury Consultative Committee,

which has been described as the "Exchequer brains trust."

Doubtless the proposal was devised there.

Mr Keynes had no comment make-ori the budget.

HAVE YOU BOOKED YOUR SEATS YET FOR

BOY MEETS GIRL

at the K.C.C.

GRAND EASTER ATTRACTION

( Sat. 12th)

Porformances ( Mon. 14th ) ́at 9.15 p.m. ( Sat. 19th )

Saats at $3.00; $2.00 and $1.00 bookable at

Mosere. Moutric & Co., Ltd, or The Club.

Charlie

Chaplin

in his new comedy

The Great DICTATOR

Pruulimask, weštian and dienaind by

CHARLIE CHAPLIN

A PAULETTE CODDARD

STARTS

TO-MORROW

for

A Limited Run

At the

STAR

THEATRE

PLANS NOW OPEN!

ADMISSION: $3.00, $2.00, $1.20, 70c.

to

11.00 Close Down.

Japanese In South America

TOKYO, Apr. 7

Sir

(Router),—In

order to study measures regard- ing alleged restrictions placed 200,000 Japanese residents in Latin

ወነ

America at United States are/pr

offlelais of the Japanese

Office and the various Ministries con- cerned at noon to-day held the frst of a series of monthly confereness in which future steps relating to Japanese migration, commerce and precautions acainst the influence of Third Powers_were_discussed, ac- cording to a semi-ocial Japanese report.

Baron Osumi Story Again

SHIUKWAN, Apr. 7 (Central News)--An exhibition of war spoils 'captured from the Japanese has been opened here. On display are the uniform, medals, sword, sabre and other personal effects of the late Ad- miral Baron M. Osoml who was kill- ed in an aeroplane crash on February 5.

Other exhibits include dogs, en- signs, arms of various sorts, docu- ments, maps and photos captured at Lupo. Toishon and other parts of southern Kwangtung.

N.E.I. CHINESE PATRIOTISM

Mr Chiu Yuan-yung, prominent Chinese merchant from the Nether lands East Indies has left here to pay his respects to Mr Lin Sen, Chairman of the National Government, and Generalissimo Chiang Kai-shek on behalf of the Chinese residents in the N.E.J.

Mr Chiu has decided to establish a glass factory at Meihslen, Kwang- tung, his native town; with a capital of $200,000. He has been in busi- ness in Batavia for many years. A fervent patriot, he has donated some $500,000 personally to China's war fund.

PAINS

—with reliable Absorbine Jr.

Simply massage Absorbine Je, into those paining parts at Docs it penetrates draws out the pain, gives relief. Mild and gentle. * pleasant refreshing odor, Absorbine Jr. là safe and reliable,

Keep a bottle handy.

ABSORBINE JR.

For years han relieved sore muscles, museu lar schen, bruises, cute, sprains, abraziɑng,

Bales Agentni Muller, Masions & Co, Inc.

H.K. Society for the Protection of Children

WE ARE AT WAR OUR ammunition

consists of HONG KONG

DOLLARS AND CENTS

It is running low.

Please send us new wpplies.

NOTICE

DEFENCE REGULATIONS 1940

The following rates will be :harged for mailing single cople the following newspaper broad:

South China Morning Post China and Macao) 16 cents per copy.

British Empire and Foreign 25 cents per copy The Hongkong Telograph

China and Macso 14 cents per copy

16 cents Saturdays

British and Foreign 20 cents per copy 23 centa Saturdays.

KLEENEX

DISPOSABLE TISSUES

Keep a package in evacy room la the house... nursery, as woll a bathroom and bed- room... and one in the ear

il the time. Klosnex has hun.

dreds of mess,

EN WIOTE, PRACH,

GREEN OR ORCHID

FENEX

TISSU

April. 8, 1941;

EXHIBITION

of

LATEST PATTERNS

IN

PLATINUM RINGS

SET WITH

EMERALDS

SAPPHIRES

AND

DIAMONDS

ALSO

DIAMOND

WRIST WATCHES

AT

SENNET FRERES

H. K. C. C.

TENNIS TOURNAMENT

TO-DAY

STAND COURT

PAUL KONG & FUNG YEE PUI

VS.

W. C. HUNG & E. C. FINCHER

Net Proceeds to

Britain's Budget

FROM PAGE`ONE

Office Savings Bank. At the other end of the scale, income tax and surtax will absorb 10s. Oxi "in the the Individual pound, leaving to exactly ed in the pound.

·Firm Resolve

"The whole world," said. Sir King- sley amidst loud cheers, "will see in this still further

and substantial

evidence of our firm resolve to leave. nothing undone to achieve victory, whatever the cost."

Under the new taxation, Sir King- aley explained that in order to enjoy a tax-free income of £3,000 a yanr, It would be necessary for an indi vidual to

a gross income" of € 60,000-"and. very few to-day: have Incomes of that sum," he added. amidst ironlent cheers.

Expinining

the reduction in abate- ments on smaller incomes more fully, the Chancellor Intimated, that the cxira tax which the small wage earner, would, pay would, be, offset after the war by credit in the Post Omco Savings Bank.

As an example, he cited the case of a married man with two children with in earned Income of £350: a year, who last year would havo pald £ 8s 44.

Under the new budget, the same man will pay £24 7s öd, hut of the increase of approximately 19 there will be paid to him after the war a sum of £17 Os Bd.

Up The Scale.

· As one moves up the income tax scale, so proporilons to be dealt with in the form of credit in the Savings Bank decline. Thus a married man with two children and an earned Income of £1,000 a year will pay over £300 Income tax under the new proposals an increase of £90,

In this instance, only little more than £48 will be treated as Savings Bank credit.

Allogether Sir Kingsley estimated the yield of income tax for the cur- rent year at £605,000,000, an increase of £81,000,000. He. Indiepted that last year's collection of income tax was itself a record, amounting to £324,000,000 which was £13,000,000 in excess of the estimate.

Excess Pronta

Dealing with industry the Chancel- lor intimated that the excess profits tax would remain at 100 per cent. This tax he said, was directed prim- arlly to taking the profits out of the war and to ensuring that in wartime when the whole nation had to bear sacrifices, the increased production which war required would not be- come the means of enrichment as in the last war, But he added, it was one thing to take the proat out of the war; it was another to tax busi- nesses in such a way as to leave them worse off at the end of the war than at the beginning.

Therefore, he proposed at the end of the war that 20 per cent of the net 100 per cent of tax should be returned to industry to assist in re- construction,

The Chancellor made no proposals for increasing the tax on tobacco, wines. spirits arid similor ditles.

commo-

Cash expenditure is budgeted as £4,207,000,000 without me.uding

United States Lease and Lend sup- plies which would raise the Govern ment's total expenditure "Far beyond £6,000,000,000," compared with £3,- | 804,000,000 during the past year,

Domestic Expenditure Excluding the increased balances of British Dominions, India, and other "oversens”sterling countries," "riomestie" expenditure becomes: £3,700,000,000 which will be covered by a tax re-

South South Morning Post Bomber Funde

O

玄

The LION

HAS WINGS

All along the wide. Battle Front our Aircraft --the wings of the Lionare fighting desper ately to preserva the freedom of the British Empire.

To keep the wings flying at the highest standard obtainable means co-operation,

Back, up the BOMBER FUND.

Put your MONEY on the Lion's Wings and soar to VICTORY.

SEND YOUR DONATION TO:—— WAR FUND-SOUTH CHINA MORNING POST, LTD, DONATIONS TO DATE: REMITTED TO LONDON:

£108,889.19,6d,

$1,754,478.41

వ

venue 01 £1,030,000,000 on the exist

basis of taxation and £1,600,000,- 000 from the present basis of private savings, leaving gap of about

£500,000,000 which Sir

Kingsley proposes to all in roughly equal halves from the new taxation yield £150,000,000 this year - añd £250,000,000 in a full year and from the new private savings estimated to produce between £200,000,000 and £300,000,000.

with

This domestic expenditure of £3,700,000,000 comparts £2,055,000,000 during the first year of the war and an annual rate of £3,100,000,000 in the first half of the second year, thus indicating a con- tinued expansion of the war effort.

The exclusion of the Lease and Lend supplies follows the traditional procedure since the British Budget was always framed on a strictly cash basis,

Keyner Plan

Sir Kingsley's proposal that reduc.... tions in individual income tax allow- anets will be offset by post-war credit in the Post Office Savings Bank Introduces a modifled form of Mr

J.. M. Keynes plan for compul sory savings,

The Budget's excem proûts con- cessions to extra-active industries producing metals and ell will be wal- comed by overseas mining companies registered in the United Kingdom.on whom this tax has previously fallen as an effective levý on expitel..

the broader economic, field, the Budget makes a big advance by Ox- tending the policy of price stabilien- tion with the aim of holding wages at about the present level which will greatly contribute to the nvoldance of Inflation,

Britain's success in avoiding In- flation hitherio could not continue if were allowed to rise un- wages restrainedly.

Income tax and surtax rising to 97.5 per cent, on the highest incomes typifies the Budget's Spartan char- acter.

Defence Billions

SPECIAL TO THE "TELEGRAPH" WASHINGTON, ́Apr. 7 (UP), President Roosevelt to-day signed the $4,309,000,000 atth supplemental defence appropriations bill which contains funds for the purch‐se of - 4,750 now war planes and critical equipmaat for an army of 4,000,000

i