1941-07-31 — Page 23

Thursday,...

HONGKONG TELEGRAPH:

July 31, 1941.

By Ernie Bushmiller

NANCY

I'M SICK OF DIGGING I'D LIKE TO GO TO THE

MOVIES!

ME TOO... BUT CAPTAIN SLUGGO

GAVE US OUR

ORDERS!

HE SAID WE SHOULD

KEEP SHOVELING DIRT ALL DAY

WITHOUT STOPPING!

PIRATES

DIGGING

TREASURE

KEEP

AWAY

WELL ---

Tope, ¿ber by United Fasları J

Roosevelt Warns Of Inflation Dangers

Special to the "Telegraph"

WASHINGTON, July 30 (UP), -Warning that America's defence effort is being jeopardised by an inflation threat, Pre- sident Roosevelt to-day asked Congress to ennet price and rent control legislation, and to bring about the establishment of wage ceilings by co-operation with labour and industry.

tiong,

But labour as a whole should form nises that wares in defence Industries the best labour polley which recog- should not substantially exceed the prevailing wage rates comparable to the non-defence industries where war and labour policies have been main- tained.

KUNG ON FREEZING Allays Fears Of Chinese

CHUNGKING, July 30 (Central) News) Dr H. II. Kung, Vice Presi- dent of the Executive Yuan and con- currently Minister of Finance, an-j nounced to-day that there is no reason for apprehension in China over the freezing of Chinese funds

Fifth Columnists In & Afghanistan

Iran

LONDON. July 30 (Reuter).-"A vast German Afth column" is in Iran and Afghanistan, according to the Eastern Correspondent of the Independent French Agency.

The correspondent saye:

in the United States and Great Great Britain and 'Russia are at

be made available to meet the re- Kabul in combating the subter- qutrement of the Chinese Govern- ment and legitimate business needs. |ranean activities of this fifth

Britain for foreign exchange can present engaged at Teheran and INDIA

General licenses are being column. Utilising these two

BLOCKS

CREDITS

Already through the efforts of the consequences of Infintion are equitably on those with a fixed in-wells of the Anglo-Persian oil Com- [confirmed credits opened on or before

U.B.BEER

BREWERY

LIGHT SUB

DARK

SHANGHAI

W. R. LOXLEY & CO., (China) LTD.

The President's special mes-ed and made increasingly more effec- sage, did not recommend the tive." actual legal establishment of

Efforts Threatened WASHINGTON, July 30 (UP)- maximum wages, admitting that

President Roosevelt, in a "there will always be a need for message to-day, declared that immediately issued to the Chinese centres as bases, German agents

special wage adjustments from time to flationary price rises and iccreasca China and other general licenses will the neighbouring territories on the Governinent, the Central Bank ot and saboteurs are infiltrating into time to rectify inequitable situa-n the cost of living are to-day follow

threatening to undermine our de-

soon after, Dr Kung sald, Soviet Caucasian republican, the Re- BOMBAY, July 30 (Rruter)-The fence efforts. I am therefore recoming that every effort is being publies of Turkomen and Soviet Reserve Bank of India has issued in- mending to Congress the adoption of with the normalize the interference Turkestan as well as the North-Weststructions to all banks that the uc-

The message continued: "We reruption of Chinese trade. measures to deal with this threat." the functioning of the Frontier of India.

counts of all persons and firms re- Chinese Government and the inter- now spending more than $30,000,000

"Accidents which appear to besident in China, including Shanghal, daily on defence. This rate must in-cunmedities from essential military increased vigilance by the

attributable to sabotage in industrial or accounts of all firms and com- ereuse.

centres in the Caucusus have led to pantes corporated in that country about $800,000,000-more than five nent increase, and with them the

In June this year we spend production. The costs to the Govern- authorities.

Soviet or under the control of residents in

these territories and times the $153,000,000 we spend in public debt. The burden of defence Britain is specially concerned with

operating in "It is understood tizat Great India shall be blocked, National

1940.

Is thrown haphazardly Defence Mediation Board

Banks have been informed that and in-safeguarding the refineries and il and the wage stabilisation commit- well known. Producers are unable

they nity hunour

obligations under lees, wage standards are being estab- to determine what their costs will be powers are too weak to secure in good reason to believe that German in those territories and that they may

crime

or those whose bargaining pony in southern Iran. There is July 30, 1941 on behalf of residents lished, and a measure of wage stabl-and hesitate to enter defence con-creases in income commensurate with agents are working in close lity is being brought into particular tracts or otherwise industries. It is expected that such selves...

commit them the rise in the cost of living and laboration with White Russian refil by such persons provided they are col also accept bills or pay cheques drawn Speculators activities will be continued, extend-successive price advances, withhold deflation and depression."

anticipating over all hovers the spectre of future деся some of whom hayo been

furnished with German passports.

presented by residents in India who The Soviet and British Ministers become holders for the value on or have drawn the.

July 30, 1941. before Iranian Government to the danger- Exempted From Order

The following accounts are exempted from the order but funds therein are released for payment within the sterling area only: Cen- tral Bank of China, Bank of China, Bank of Communications, the "It is noted that twice within a Government of the Repubile of China Farmers' Bank of China, the National period of six weeks, the Afghan Government has made a point of or any agency of it. proclaining its determinótion

In addition, for the 10. maintain strict neutrality. Never-exemption also applies to accounts theless, certain groups of young in

ng in India of Chinese branches of Afghans have been won over to Nazi authorised dealers in foreign ·CX- ideas and are playing the game of change, the local Nazi agents who are con

Private remittances to China are ducting propaganda. of a somewhat no longer permitted and remittances uncriginal character, for commercial purposes must be

NOTE THE UNDERWOODS

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MORE THAN 5,000,000 UNDERWOODS HAVE BEEN

PRODUCED AND SOLD

UNDERWOOD — Typewriter Leader of the World!

SOLE AGENTS

DODWELL & CO., LTD.

"'Alexandra Building.

Tolophane 28021'

FUND SOARING

KEEP THE BOMBER FUND SOARING

attention of the

ous netivities of the Germon agents who are trying to enlist the support of Iranian subjects trading in Soviet and British territories.

Strict Neutrality

time being.

They emphasise first that the Afghans credited in rupees or sterling to any

owe it to themselves to ensure the exempted account or to the blocked return of Afghan minorities to their rupce nccount of a resident of China. country and second, that a country | Private accounts of Chinese residents like Afghanistan should have in India are not restricted. powerful air force to ensure ils defence.

̈U. S. TYRES TO COST MORE

SPECIAL TO THE "TELEGRAPH". AKRON, Ohio, July 30 (UP)

13

Konoye Thinks War-Serious

TOKYO, July 30 (Reuter) "There is no doubt that this war is

bringing serious effects to Japan'

The Goodrich, Goodyear and General declared Prince Konoye, Japanese Tyre Companies to-day announced Prime Minister. addressing the 16th increases in their dealer list prices Plenary Session of the National

of tyres and tubes which trade circles Mobilisation Investigatory Commiss- reported as meaning a price

lon to-day.

The trio announced aner it is

diMcult to predict

of about five per cent to retail

increase of 2.4 per cent in the dealer

this confilet in Europe inay added Prince Konoye, "In

price listings with taxes. excluded view of the rapidly changing world from the list. The tax hitherto hes situation everyone in Japan must

worst.

been included in the overall dealer always be prepared to meet the prices,

It is reported that the Firestone

Tyre and Rubber Company is con- thi Government

doing every-

within its power to mobilise the templating a similar announcement. country's resources and man-power It is announced that the action to meet any situation that may arise "reflects to a small percentage the in the future.” increased cost of raw materials- rubber ond cotton."

:

MORE BRITISH NEWS, PROMISE

Prince Konoye urged members of the Commission to study all problems in bringing about the speedy carrying out of all Government mobilisation plans.

Queen Wilhelmina Goes On Tour

les,

LONDON, July 30 (Reuter).-Mr Brendan Bracken, the new Minister of Information, was tackled in the LONDON, July 30 (Reuter).- House of Commons to-day on the "Should circumstances arise owing to question of expediting the release of the geographical situation of the spot news and topled pictures to the Netherland East Indies, to force a United States and British Dominions. fight upon us, there is no doubt. He was asked to take into consi-whatsoever that we would, with our derntion the fact that the eminent American journalist, Dorothy Thomp-

that night" declared accept Wilhelmina of Holland in a son, sald that more hot news was special broadcast to her subjects nil wanted in America.

over the world to-night. Ile declared that he would do everything in his power to give the people that she did not forget her in the western hemisphere to maximum amount news, and whom the torch of war.could bring photographs to the United States and its horrors, alie know that on appeal the British Dominions and indeed to to their peoples, the army and the any part of the world that would like navy to bear the sacrifices would not to have British news.

be invain.

Of

ZNIJHCH

A lov

19

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ZNIGH

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(HSINI QULJITIS WONI

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Y HUM ATDWOO OLY

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57

TYPES OF BOMBER HITTING HITLER

13. The Armstrong Witworth Whitley.

Donations to Date: $2,439,938,54

Remitted to London: £151,939.19.6d

Swan, Culbertson & Fritz

Investment Bankers and Brokers. Members of New York. Cotton Exchange

Chicago Board of Trade

Manlia Stock Exchange

Winnipeg Grala Exchange

Commodity Exchange, Inc., New York Canadian Commodity Exchange, Inc., Montreal New York Coffee and Sugar Exchange Hongkong: Sharebrokers Association Shanghai Stock Exchange

SHANGHAI, HONGKONG, MANILA, and BUENOS AIRES

Cable Address: SWANSTOCK

Passport Photos Executed Promptly

MEE CHEUNG

PHOTOGRAPHERS

15, 23, Ice House Street.

Tel, 26379,