1941-07-23 — Page 23

Hongkong Telegraph 港電新報 士蔑新聞 All

NANCY

SLUGGO!....... I WANT YOU .. TO FIND WILLIE SMITH- HE'S MISSING FROM.

SCHOOL TODAY!

YES, MA'M

I THINK I KNOW WHERE TO LOOK FOR HIM!

Wednesday,

I'LL BORRY DIS, POINTERI MAY HAVE TO PROTECT MYSELF!

Seef. 1941 by China Preturi Ayutha Sie, Ang

HONGKONG TELEGRAPH

--AND I'LL TAKE DIS STRING IN

CASE I HAVE TO TIE UP HIS HANDS!

July 23, 1941.9

By Ernie Bushmiller

HMM!

I ALMOST BIT ON THAT

ONE!

New $425,000,000 Loan Indians Amenable To

You too

need...

UB

To Britain is Announced Help In Government U. B.STOUT

Special to the "Telegraph”

WASHINGTON, July 22 (UP).-The Reconstruction Finance Corporation to-day announced its approval of a $425,000,000 loan to Britain to pay for wan supplies contracted for; prior to the enactment of the lend and lease bill.

of the possibility of additional forces of liquidations which was one of the numerous threats hanging over market in the past several months,

the

The Administrator, Mr Jesse Wall Street welcomes the removal Jones, stated that President Roosevelt had approved the plan of a loan to provide Britain with dollars for exchange without-the necessity of disposing of their securities at a forced sale,

He said that the interest would be 3 per cent, annually to roature in 15 years, with an extension of another live years If two-thirds of the prin elpal is paid on the original maturity date.

Is

The British will pledge collateral of over $700,000,000 and 11 estimated that the Interest dividends on the collateral will amortize the Joan in about 15 years. Meanwhile. funds will be available to Brital as needed to meet commitments at about $100,000,000 monthly.

Emergency Matter LONDON, July 23 (UP)-Sir Kingsley Wood, Chancellor of the Exchequer, announcing the. RFC. Inn in the House of Commons to- day stressed the fact that it again reflects the readiness of the United State, Administration to extend their assistance to

to us." He asserted that the Government had considered the execution of the agreement is

• matter of emergency.

3

Australian Great War Epic Filmed

The gala premiere of "Forty!! Thousand Iforsemen," the Aus-j tralian picture sponsored by the Commonwealth Government of Australia, will take place at the King's Theatre to-morrow at 9.30 p.m. The major portion of the proceeds of this gala per- formance, it is learned from the management of the theatre, will be donated to the Bomber Fund.

His Excellency the Governor, Sir Geoffrey Northeule, and high Govern-

ment officials as well as other lead- ing residents will be present.

The

picture, which was made with the co-operation of the Department of Defence of Australia, and the off- cers and men of the 1st and

2nd

Full Approval WASHINGTON, July 22 (Reuter). The announcement of the Ameri- can loan to Britain, made over the radio early this morning, surprised Australian Cavalry Divisions, deals must people, but it is expected to with the Light Horse campaign arouse anything but approval be-

be- Fagainst the Germans in Palestine enuse it is increasingly realised by during the Great War.

that

in economy

the

was

Sir

Exchange At A Glance

SELLING

T.T. London Demand London T.T. Shanghai T.T. Singapore T.T. Japan 1.2. India

T.T

TT. U.S.A.

T.T. Manila T.T. Batavia T.T. Bangkok T.T. Salmon T.T. France T.T. Switzerland T.T. Australla

1/21 1/2

-450 .6234

1024

.02% .241 484% 45%

.149

.1054

.1/0

BUYING

.1/3

1/3% 2517

30 d/s India

.915%

US. Cross rate in London 4.02 U.S. Cross rate in N.Y,

4 m/s L/C London 4 m/s D/P London 4 m/s L/C U.S.A.

4 m/s France

FINNS ON PROBATION

-Holding Portfolios

LONDON, July 22 (Reuter).-Indians are to be taken into the Viceroy of India's Executive Council and more Indians are

to hold portfolios in the Central Government,

This step toward augmenting and consolidating India's war effort was announced to-day when a White Paper on "India

OBTAINABLE AT ALL LEADING COMPRADORES

and the War" was presented to Purlinument by Mr L. S. Amery, W. R. LOXLEY & CO., (China) LTD. ́

Secretary of State for Indin.

Wons of the community which are

This announced the decision to ready to co-operate. enlarge the Executive Council in

Princes In Council order to permit the separation of the

There are 22 representatives of portfolio of Law and Supply and of British India on the Council. Re- Commerce and Labour, and the presentatives of Indion states will all division of the present portfolio of of them be Princes with the possible Education, Health and Lands into exception of Hyderabad. separate portiellos of Education,

The National Defence Counell will Health and Land and Indians Over meet at intervals under the chair- seas and also the creation of the manship of the Viceroy and the portfolios of Information and Civil Council will on each occasion receive a confidential statement of the war position and of the position in regard

Defence.

The Viceroy has also succeeded in securing co-operation In the to supply. establishment of a National Defence Council of distinguished and repres

sentative Indians in British India and the rulers of Indinn states.

No Constitutional Change Though no constitutional change is involved in these announcements

hre 35

04

the was

Travel In China To-day

By Road, Rail, Sea & Air

according to the opinion of an expert, Mr Tang Wei-pin, Vice- China has still access to the world by dozens of routes

subject at the Chinese Y.M.C.A., Kowicon, during the week-end, Director of the China Travel Service, who gave a talk on the states. "Central News."

Hormushi Peroshaw Mody, a member The new member for supply is Sir of the Central Legislative Assembly He was Chairman of the Bombay

Peiling-Chungking route, the Chung- Milll-Owners' Association and lan

Referring to communications dag-Wanhsien-Lühisten Hochun- director

of the famous iron and steel in China since the war, Mr Tangshan route, the Wuchow-Lluchow firm of Tata and Chaltman of the said that though many railways route.

route, and the Liuchow-Nanning the enlarged Executive Count and Central Bank of India

Chinese The member for Information is Sir and highways have fallen into not be responsible to the Legislature,

students in Hongkong the Viceroy will now have what to Akbar Hydari. He is a Privy Coun- enemy hands

desiring to go to the Interior of or have been China to study, Mr Tang sald, may all intents and purposes is a

cillor and until War

recently was Pre-destroyed by the Chinese theme by either of three ways: Firstly. Cabinet with a marked majority of ident of the Nizam of Hyderabad's selves, a large number of new they may go

Executive Council. He

by Indian

C.N.A.C. or Eurasia public men instead of the leader of the Hyderabad State delega- communication lines have been plane to Chungiting for HK$540, to former European and

ometal ion to the three Round Table Confer-inaugurated.

Kunming for HK$600, to Namyung majority. The

for HK$270, to Chengtu for HK$500 Thus in the southwest, Kwelyang, new members of the Council fences in London.

Civil Defence

and to

to Lanchow for HK$720. representative of and

formerly an isolated and backward

Secondly, they may go by way of responsive to public opinion as the The member for Civil Defence is city, is now an Important communi- refusal of Indian Congress and the Mr Iraghavendra Rao. He was Act-cation centre. From Kwelyong Rangoon and the Burma Road. Four Muslim League lo co-operate makes ng Governor of the Central Pro-phway now leads, eastward to shipping companies, including the possible.

vinces in 1930 and has twice been a Changsha measuring 1,000 kilometres, regular shipping services between Douglas S.S. Co., are maintaining The changes indicated in

a second westward the Minister in the Central Provincos

to Kunming Hongkong and Rangoon. It takes White Paper, wisle making a signi- Government of which he was a-northward to Chungking measuring

A measuring 862 kilometres, third

about 12 days to ficant step towards augmenting and pointed Home Member in 1930.

488 kilometres and a fourth south- consolidating the Indian

The member war effort,

for Labour

is Sir ward to Lluchow measuring 032 1th Firoz Khan Noon, the Commis kilometres. constitutional developments in India.

who has Authoritative quarters recall that in

only

recently various statements made on behalf of extensive tour of the United States. Road running to Wangting, a small yang to Chungking or Kunming. on the Yunnan-Burma Border. Three steamships, namely, the Tal town

that constitutional changes in Indiably for Berar, and was Acting Pre-klang, Hanchung, Tienshul, Lun- the British Government since the out- The member for Indians overseas From Chungking there is the Sino-Po Shek, the Tal Shun Hong und the breaks of war, it had been made clear Mr Madhag Shrihari Andy. He is Soviet international highway, pass-Jago are running between Hongkong

In

Member of the Legislative Assem-ing through Chenglu, Klenko, Ning-and Kwangchowwan, are quite impracticable while Britis

to Rey boat from

they may go by way of Watiam, Lluchow

are not in any way concerned with sioner for India in urged from an». “Tom Kunming there is the Burma | Chinchengkiang, Hochlh and Kwel-

the

Very

the average person

In the 1914-18 war the most ple- interests of world

in Leneral and America in particular it reque unit of the Australian foreca the Light Horse, which won im-

Britain To Maintain is essential that Britain should be a mortal glory by victory in the Sinai going business concern and that un- Desert under the command of

Relations At Present less she

спи

CRET, shu cannot buy,

Harry Chauvel The charge at The spirit in evidence before the Beersheba, which forms the climax-After careful consideration, LONDON, July 22 (Reuter). passage of the Lease and Lend Bill of the film, is one of the most im-the British Government hasitish Empire is engaged on a vitalisident of lig Indian Congress Party chow, Kiuchuan, Changych. Wuwel, amongst those who opposed the Epressive scenes ever filmed. -that Britain should be given

"Forty Thousand Horsemen" is the decided at present to maintain nothing until her investments on most ambitious Australian fim ever diplomatic relations with Fin-

side of the Atlantic are liquidat-made, and the east la ed--has disappeared, and the present Betty Bryant, hailed as a real screen Government in no doubt that this headed by land but has left the Finnish loan is

is likely to assume the appear discovery, ance of an act between allied con- Raffert, Pat

Grant Taylor, "Chips" cerris which are in business with a

Twohill and Harvey decision to continue may at any single objective, the destruction_of

time be reversed_in_the_light_of. Nazism.

events.

Sensible Arrangement Amongst the few businessmen contacted early this morning, the Arst reaction was that it is a for more sensible arrangement to lend money painst

auch excellent collateral than ruin the market by dumping

In securities

order

iiquidate them for ready cash.

Adoms.

Soviet-Czech

Relations

This announcement was made by Lord Snell in the House of Lords this afternoon. Lord Snell intimated that the issue of naticeris for goods destined to Finland had eenzed and LONDON, July 22 (Reuter).that no facilities were being given for to "Reuter's Diplomatic Correspondent ships to proceed to Finland.

learns that M. Zdenek Fiorinter,

West

Ingersoll On Singapore

struggle for its existence and that an in 1833 and a member of the Working Singsingsin Hami and Tihwa, is the fundamental condition of con- teal Parties and interests in India agreement between the major poll Committee until 1934.

measuring a length of 5,270 Illo- The new Law member Is Sir Syed metres, Sullan

The main highways in the south- sideration of any new constitution Blhar. Ahmed, Advocate General of

and northwest

measure The new member for Education,Recently a new highway between

approximately 9,930 kilometres. Health and Land is Mr Naline Ranjan Nelkiang in Szechwan and Sichant Any hostile move against Singapore Sarkar, former Finance Minister in the Bengal Government.

scheme.

--Sequel-To-First-Effort"

It was last summer, following many attempts to ease the political tension in India and to bring Indian public opinion into close contact with the Central Government in the con- duct of the wat that the Viceroy promulgated proposals for an exten-

For

in

Pacific Coast Strike Hint

SPECIAL TO THE "TELEGRAPH"

In Sikong has been completed, . In ບ!” addition, there are a large number of main highways of shorter dis- tances, branch highways and provin- clal highways.

478

of

SINGAPORE, July 22 (Reuter).-

any other country in the Pacific would be regarded as a hosille move against America and action may be taken, declared Mr Ralph Ingersoll, publisher of the New York paper, "P.M." who arrived here to-day by

oa

the Russo-

Railways Still Run According to Mr Tang, railways air. sion of his Council and for the set-

still in operation include the Kun- ting up of what was then described

He is on his way to Chungking and The remo

removal of a huge volume of former Czecho-Slovak Minister to

ning-Kalytian section of the Yunnan Moscow, where he will interview M. SAN FRANCISCO, July 22 (UP), Railway measuring 350 kilometres, Stalin and report as a War Advisory Council. British-owned American securities Moscow, has been appointed to re- CHUNGKING. July 22 (Central

of reasons, from the market as loan collateral present Czecho-Slovakia in the Soviet News).A total sum of $316,478 has

these Secretary Harry Lundeberg of the the number

Kweichow-Kwangsi Raliway German war provided aided stimulus to

proposals were found unacceptable Sailors Union of the Pacific stated measuring 160 kilometres, the Fang this Union as a result of an agreement been raised by the Chinese Boy by the major political parties to-day that the Union has demanded

He added that Americans hoped angpu-Kukong section morning's rally of the New York whereby relations between the two Scouts Association as a result of the Indin, but it was made clear by the an Immediate coastwide strike re- Stock Exchange although the an countries are resumed,

Canton-Hankow Hallway measuring peaceful in the Pacific.. "I doubt if the very much that Japan would remain Winter Garment nouncement of the loan had been

Campaign for Viceroy that the Government would ferendum "If American seamen are M. Flerlinter, who is now in Lon-Suidiers launched on the last Double leave the door open for acceptance of not given a chance to all" on the

kilometres, the Hunan-Kwangsi America will let anyone but fierself anticipated for some time.

don, will shortly leave for Moscow. Tenth Anniversary.

Railway measuring 537 kilometres, move into Singapore," he said." such a plan as soon as a sufflelent Seven Danish ships which the Gov-

the Lunghai Railway from Slan "at degree of representative support was ment has commandeered

Nearer To War American wages." forthcoming.

Shanchow, He declared that the Government Loyang

Mr Ingersoll went on to describo westward to President Roosevelt's message

to has planned to register

to Tungkun slups

767 kilometres, and the inevitable, but the more action the Congress as a "step nearer to the During the intervening months, have been assigned to Oriental runs

Rallway all endeavours of the Viceroy have and two to the Antipodes for the

from President takes the better in view of Kinhwa to Chuki, Lanki, Chuchow been directed towards finding a way President Lines and the Matson Line

and Yinglan aggregating 499 kilo thing to prevent a Hitler victory,"

the fact that America will do every in which Indian public opinion could respectively.

metres. The

total of railways In operation is 2,707 kilometres.

important i

include the ong-Chung-|

KEEP THE BOMBER FUND SOARING

O

TYPES OF BOMBERS HITTING HITLER

-The Fairey Battle Medium Bomber.

L..

DONATIONS TO DATE: $2,393,379.39 and £1-0-0 REMITTED TO LONDON: £145,939.19.6d

Political Differences

be brought more intimately into as- sociation with the administration in

int

Lhc

castward to

and

and

lunder the Panamanian Bag. Five E-Kiangs

all matters connected with the war Japanese C-in-C For

[

effort. There is nothing to indicate Central China Waters which

at

bridged.

In India are on their way to being

present that political conditions

Mr Tang

king-Kunming-Lashlo-Rangoon

SPECIAL TO THE "TELEGRAPH"

soon, the TOKYO, July 22 (Domel)-Vicc- the

Whitehall points out that the Admiral Marquis Teruhisa Komatsu,

Mr Ingersoll was quite cheerful about the Russion eltuation.

be extended Calcutta U.S. RAILWAYMEN

line

ting (Lowe BUILD SHIPS

line, the Chungling the Chungiding

line,

SPECIAL TO THE "TELEGRAPH" WASHINGTON, July 23 (UP),-It

Viceroy waited for no less than 11 Commander-in-Chief of the Port Kweilin Inc, the Chungkint- months since the feeter to political | Arthur (Ryojun) Naval Base, has Kunming Parties in India to cater the Govern- been appointed Supreme Commander Chengtu line and the Sino-Soviet Is stated that the Once of Production ment before extending invitations to of the Japanese Fleet in Central line, passing through Lanchow, Management is holding a special the Individuals he has now called to China Waters, It was announced by Hami, Tihwa and Alma Ata. the service of their country.

the Navy Ministry to-day.

meeting in Chicago late to-day, when Nevertheless, the creation of the Vice-Admiral Komatsu, 03 years

committee of rail officials and National Defence Council associates old, is the fourth son of the late said the principal shipping routes in- voluntary transfer of 100,000 railway With regard to navigation Mr Tang Inbour executives will discuss the with India's war effort and is re-H.I.H. Prince Yoshihisa Kitashira- clude the Changsha-Hengyang workers to the shipbuilding and, air- presentative of all influential sec-kawa.

route,

..the

Hengyang-Pengahul-1 craft industries.

ADILLY

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