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VOL. II NO, 165
The
For the Proprietor HONGKONG TELEORAPIL,
For and on behalf of
SOUTH CHINA MORNING PAST, LITTL
Dine
At the
P.
Hongkong Telegraph. G.
WEDNESDAY, APRIL 16, 1947.
BRITONS TO PAY 3s 4d Stalin Okays
FOR 20 CIGARETTES
Dalton's Budget: Tax Relief For 750,000 People
London, Apr. 15.
The British Chancellor of the Exchequer, Mr Hugh Dalton, presenting his budget to a crowded House of Commons today announced that he proposed to raise duties on tobacco which would mean that a packet of 20 cigarettes in future would cost 3/4d, and that he was giving two concessions that would relieve 750,000 people of all income tax payment in the future.
The Chancellor disclosed that the deficit last year "was only £569,000,000, which was £157,000,000 less than anticipated.
Excise receipts were almost exactly £1,184,000 in spite of the fact that £52,000- 000 was lost on beer owing to the fact there was less barley for brewing. This loss. of revenue on beer was almost exactly balanced by a series of surpluses on tobacco, entertainments, purchase tax and import duties. Tobacco brought in £446,000,000 which was "£21,000,000 more than we estimated."
from it. It would be possible to tax the totalisator but it would be un- Just to fox this alone and let the
all- bookmaker go free. To tax forms of betting would present the formidable administrative most dificulties.
He could hold out no hope for a reduction in the total weight of mo motor taxes. The present revenue must be maintained.
Two concessions will relieve Tax of all income 750,000 people 4-POWER AGREEMENT payment in the future, the Chan
cellor sald and tax reliefs are to date from April 0.
The Chancellor's first big blow was the "brutal" announcement that he proposed to raise Customs duty on imported tobacco leaf by about 50 per cent. "The effect of
this would be that the price of a packet of 20 cigarettes will be raised from he said. A cry of 2/4 to 3/4", "shome" was heard. The
price of most pipe tobaccos will be increased by about 1/2 per ounce. The average price of tobacco 13 2/9 and the Chancellor's Announcement mcans real property. He proposed on that the 'average cost in future wijl be 3/11 per ounce.
Marshall Admits Failure
Moscow, Apr. 15,
amend-
The United States Secretary of State, General George Mar- shail, claiming that the United Stales proposal for A four- power frealy to keep disarmed had been led" by Soviet-suggested ments, virtually admitted fol- lure to achieve agreement on the treaty at this session of the Foreign Ministers' conference..
General Marshall warned the Soviet Foreign Minister, Mr Vyache slay Molotov, that his tactics com- prised a "very serious stand for any government to take" and then sug gested abandoning discussion of the trenly at this time, passing on to the ext item on the Ministers' agenda. "We have reached a
ǝ measur ngreement to keep Gerry General disarm- ed and unable to wage Marshall said. "Therefore, If the United States draft-is-accepted for further negotiation, there is a very fair chance of agreement being reach- ed at an early dale, with very good effect on Germany and the world at Jarge.
of
"But if agreement is imperilled by the
controversial Introduction uf points, there is little or no chance of renching an agreement. That is a very serious stand for any government to take."
General Marshall, who was today's chairman, paused for a moment, and then quietly admitted fallure to get four-power agreement on the treaty, saying: "Since we falled to reach an agreement to a plan of reference for this treaty, I suggest we pass on to the next item on the agenda.”—Unit-
ed Press.
EDITORIAL
The Chancellor proposed to double all stamp duties relating to stocks and shures,
to
lle proposed also, subject relief for small transactions, to double the stamp duty on the transfer of
į additional stamp duty of ten per cent on the value of all bond issues passed by the Capital Issues Com- mittee,
which would have exten-
To satisfy the "insatiable demand" for tobacco,
Britain is drawing heavily and Improvidently on sive discretion. dollars, the Chancellor déclared.
"We are smoking much more as a nation than we can afford". He re- garded the saving of dollars as much more important than an increase of revenue,
The Chancellor said that he to 12-1/2 per cent in distributed proposed to increase the profits tax profits but proposed
to leave the profils tax at the present level of five per cent on undistributed pro- Vita.
Trade Talks
London, Apr. 15.
Sir Stafford Cripps, Pre- sident of the Bourd of Trade, told the House of Commons, as it reassembled after the Easter recess to- day, that Generalissimo Josef Stalin hnd agreed to trade talks between repre- of Britain and sentatives the Soviet Union.
Sir Stafford announced that the British Secretary for Overseas Trade, Mr James H. Wilson, would leave for Moscow on Friday for a "general exchange of views" on future trade between the two countries.
Sir Stafford said the Bri- tish were eager to import such raw materials as tim- ber, which before the war came from Russia and the Ballic states. The Soviets, he said, were likely to want machinery and equipment from Britain for Soviet re- construction. - United Press.
For
Reservations
Tel: 27880
Price 20 Centa
BAKSI SLAUGHTERS
WOODCOCK
Referee Stops Fight In Seventh
Briton Loses Gamely
Round: Briton
London, Apr. 15.
Joe Baksi, of America, beat Bruce Woodcock, British heavyweight cham- pion, at Harringay Arena tonight, the referee stopping the fight in the seventh round of their scheduled ten-round contest.
Baksi has thus earned the right to challenge his compatriot Joe Louis for the world heavyweight title.
The referee stopped the fight in the seventh round when it was obvious that the Briton was in too bad a condition to continue.
There was a sensational opening time, he was glad to the count of to the bout when after a few seconds nine and he was tottering when studying each other, Baksi waded, Bakst hit him on the jaw with a in and with a terrific right swing" vicious right to the head, which to the jaw dropped Woodcock. He flattened him out on the canvas. could have risen at four, but walt- He was almost unconscious and but ed to nine to regain his feet.
which struck almost for the bell, on the stroke of ten, would cer- a kill the Americanly have been counted out. Scenting went after him, swinging right and left and a smashing right to the Briton's right cye sent Woodcock
to the
This thundering
boards.
REYNOLDS ON
ON LAST
LAP OF FLIGHT
May Still Establish Record
Toronto, Apr. 15.
The Chicago pen manufacturer, Milton Reynolds, who is attempting to break the round-the-world speed record in a Douglas converted bomber, arrived in Edmonton, Alberta, at 8.55 o'clock tonight and took off from the Canadian field at 10.04 p.m. (GMT) for New York on the last lap of his Journey.
"EXPORT OR EXPIRE" Mr Dalton continued: "We must
50 PER CENT INCREASE export or we shall expire." In the months ahead exports and Imports
Mr Dalton proposed to raise the must be brought more nearly into Customs duty on imported tobacco balance. Imports must be severely limited, however, disagreeable. of this would be, "I break the news Taxation would play a part In brutally to the House" that the price stimulating export and reducing of
of a packet of 20 cigarettes "will be excise duty on artificial silk as from He announced the repeal of the Boy I next.
leat by about 50 per cent. The effect DEMOCRATS
needless Imports.
raised from 2/4 to 3/4" would go
The price of most pipe tobaccos up by about 1/2 per
ounce.
About 80 per cent of tobacco was imported from the United States. "To satisfy this insatiable demand we are ondrawing heavily and improvidently
dollars," he added.
on
He said that he would continue for the present the existing subsidy on home produced fuel and gas olla and
would repeal the duty penny per gallon on these oils.
Mr Dalton announced an increase
Customs duty on imported leaf In earned income rellef raising the
£150
would be 10
be increased from 35/6 per maximum relict from £230. He increased
child pound weight to 64/10 per pound. the
Mr Dalton announced that prl-
the from allowance
£50 to £00,
prewar vilege to the forces of purchasing from canteens at prices in force be- restoring the allowance to Agure. These allowance Increases would relleve 750,000 people of all fore 1942 must be discontinued from
April 27 (members of the Income tax payment, he said.
limited number of reduction could buy would be 98 millions in a full year cigarettes in conteens for 18 pence per packet for which civilians paid and 60 milions this year.
2/4) NO BETTING TAX
He said that he had set the target The Chancellor said that he had
of one quarter reduction in the total taxon national carefully considered the
consumption of tobacco betting but was convinced that he which he regarded as the "minimum could not get substantial revenue of patriotic duty". He estimated a
saving of $30,000,000 this year.
The total cost of lax
Our Bathing Beaches
the bathing beaches committee is an in- timex of the sign teresting wherein first consideration 1 given to the claims and needs of the many. The report is tine les- (imony to the assiduous manner In which the committee has studied
the
subject of future hathing facilities for the colony, and its recommendations bear the and commonsense of Imprint practicability,
Fears that the committee would adopt
policy of following the least line of resia- lance are allayed. If is recom- mendations are adopted it means that several of
Wie biggest
THE report of
and
most popular beaches on sides of the harbour will become wholly available to the general publlo without discrimination, and ante facilities. also affording
Tording adequate Briefly it is proposed that the main Repulse Bay, Stanley, and the Castle Peak Cafeteria beachca be developed for general use with tho - provision of pavillons,, tanker government huls for Hally
that bathing areas at hire edy Town, North Point, Tai and Lalchikok be converted into public swimming balls
with purilled sath wateri: that. Middjo and South Beaches (Repulso Bay), Turtle Cove, Tylam, Canils Leak Road and Castle Peak Bay mde made available for private hire an ten years lekse; and that other.
and.
fairly accessible beaches be sur vered with a view to recommend- Ing, their development for general pullo use or allotment for private altedx. These recommendations mean the abolition of the old pre- war systern of short-term leasing of plots on
the more favoured beaches to private owners of ball- ing shods which, in the long run. is not going to hurt anybody very Hongkong has always
much shown to visitors her
bathing beaches of natural beauty, knowlog as the same time their amenilles were available only for a comparatively fow. The oppor- tunity has now arisen for the beaches to be more equitably shared, and the recommendations of the committee go a long way towards achieving list alm. It regretted that this report could not have been placed before Government six months ago, bê-
Д
foreca
PROSPECTIVE SURPLUS
|REGAINING
POPULARITY
Washington, Apr. 15. This capital elly has
been surprised and Д little puzzled by public opinion polls indica- ting that
popular sentiment moved steadily toward the Democratio Party since the te publican triumph in the donal
anal
ofter
and
מס
TWO MORE COUNTS Woodcock's seconds, with smell Ing salts and water, worked madly the British lol during the interval, but he was still in poor shape when he came out for the second round and was quickly rent to the boards for two counts of nine. But he was not out and in an amazing fashion was still on his feet ns the mound ended.
Coming out for the second round Baksi went after his man like a tiger and had the reeling Yorkshire- man down for two more counts of nine with left and right awings to the head, but Woodcock weathered the storm in amazing fashion, and although bespattered with blood he Was on his feet at the end of the
The first blow was a
a fierce left to the jaw, which staggered the Yorkshireman. The second caught him above his right eve and sent An- him thundering to the boards, other fierce right to the law had Woodcock completely flattened when the bell went. His seconds dragged him half unconscious to his corner, According to picials at the were they worked feverishly сп LaGuardia Airfield in New York ho him. will have 30-miles an hour quar- tering wind to help him if he dies at ten thousand feet.
Reynolds is expected to cover the two thousand miles to New York by 4 a.m. tomorrow (GMT).
According to reports from New York, Reynolds left Adak, in the Aleutian Islands at 12.24-p.m. (GMT) today after a surprise land- ing there to fuel shortage
due caused by strong headwinds.
TURNED BACK He landed at Adak on his way from Tokyo to Anchorage, Alaske, -planned as a non-stop hop-38 bours and 54 minutes after leaving New York.
The Amerkan came out and won practically hitting Woodcock at w!!!.
Midway through the round Wood- cock was almost out on his feet and it came as no surprise, when the re- ferve intervened and awarded the night to Bakti.
TRAFFIC BLOCKS ROADS Hours before the final eliminating contest for the heavyweight cham- duo to pionship of the world was start all made to the stadium were blocked with traffle, converging from all corners of Britain, Ticket touts had a thin time as demand far ex- ceeded supply, even at the top price of 20 guineas, and there were very few to sell.
(Continued on Pago 4)
BRITISH
FLOOD
RELIEF
son
FUND
Donations Received
Co.,
Boxing with Indomitable grit and Already acknowledged courage, Woodcock,
with blood (per "HK. Telegraph")$101.473.00 streaming from both eyes-cut Mr and Mrs W. Paterson under his right and a gash over his Mr and Mrs H. F. Un
The Sincero
Ltd. left-was not afraid of the blows in
China Emporium, Ltd. the third round with the rugged American. His boxing skill stood Wing On Co., Ltd. The Sun Co, Ltd. him in fine stead and he landed
Dr K. W. Chaun two force-jabs-to-Baksi's face, onu Allled Trading Co., Ltd. of which opened a small cut over
Jones & Co., Ltd. the American's left eye.
Mr and Mrs
Lammert FIGHTS BACK HARD
Mr and Mrs D. J. S. Round four was a repetition of
Crozier
Belge Four round three, with the American try- Banque
ng hard for a knock out, but far
L'Estranger from giving way Woodcock, whose
A.B.C. seconds gave him smelling salta dur. Au Kwok Leung A Jerse announcement from ing
the interval, fought on with Hongkong Stevedoring Co. elections last November. North-west Airlines office in Seattle superb British courage and was still Mr and Mrs J. F. Ander- A swing of the political pendulum said that Reynolds had passed Adnic fighting hard when the bell went.
success in elections is not at 8.35 a.m. (GMT) and had then. novelty in American politics,
Woodcock fought the fifth round G. Stainsby Frost but turned
back to land. He landed with his right eye closed. Bakst Charles Morgan & Co., the swing has been so far and so there at 9.25 a.m. (GMT).
Ltd, seemed content to plle on, points as la definite
compel Republican
On hearing this news, officials at until stung with a series of blows to remedial steps, and to revive
Mr and Mrs S. H. Lin mocratle confidence in a possible LaGuardia Airport said that the de- his jaw from Woodcock's left. Baksi, HIT.C.
lay at Adak might spell Reynolds' nettled from these blows, went for A. G. Botelho & Co. presidential victory in 1948,
President Harry S. Truman, whose chance to beat the world record sets man and was hitting strongly Mr and Mrs H. de
Booten t political fortunes seemed irreparably Up by the millionaire film producer, when the bell went.
During the interval, Injured only four
Hughes in 1938 of 91 hours, months
the referee E. Ott & Co. Ltd. ago, 14 minutes. nlready is looked upon
approached Woodcock's corner and L. Rondon & Co. the 05 "Inevitable" candidate of the De- However, Front Lamb, manager appeared to ask whether the Briton, Eu Tong Sen, Ltd. mocratic Party to succeed, himself for Reynolds, said, today that the with his closed eye, wished to con- Banque de l'Indoching While the many-headed Republican millionaire.had radioed that he still nuc.
Ling Ying College At the opening of the sixth round, Mrs Trott 75 hours struggle to determine a dominant tomorrow, Jast leadership In
this was due to his slipping and he the coming year leaving New York. Simple manners and
Lamb added that Reynolds had was quickly on his feet and trading Increased willingness to accept counsel, have told him that the plane returned to punches with the story Yorkshireman
Adak because it
It ran into heavy head in mid-ring. made new friends for Truman.
winds and fuel was running low. Bukel's cut eye wausing his seconds After refuelling, the flier said, they some concern while awaiting for the OPPOSITION DISTURBED
would make for Edmonton, Alberts,seventh and what proved the anal Immediately, the Republicans are thus bypassing Anchorage-Reuter. round. striving perfect
De-
Howard
100,00
100.00
200,00
200.00
200.00
200,00
230,00
-100.00
500.00
H. A..
100.00
50.00
1.000.00
500.00
20.00
500,00
30.00
25.00
200.00
100.00
25.00
200.00
100.00
1,000.00
1,000.00
300.00
1,000.00
100.00
50.00
20.00
25.00
25.00
50.00
50.00
50.00
100.00
100.00
50.00
Per "Wak Kiu Yat Pe": Chok
dists Monastery,
Mr. Dalton said that tax reduction Party must still go through an iomer hoped to reach New York at 1 aksi went down for a time, but LJ.G.
would cost £84,000,000 this year and £00,000,000 in a full year. Tax increases would bring in £100,000,000 this year and £149,000,000 in a full count on the balance of year,
£22,000,000 this year and £53,000,- 000 in a full year and my prospective surplus for this year is raised from
270 millions."
Eden
10
|
programme
24 millions to entives Anthony sloral, organisation and establish a Eden, speaking after Mr. Dalton, de- clared that the envisaged surplus in this year's budget of 248 millions was "not revenue surplus at all. It was а windfall of a number of items such as receipts from. The sale
of war
They were con-recurring items and not matters which could give to conadence and jubilation or particu- lar evidence of the immediate flnap- cial strength of the country.
Mr. Eden. sald that the national expenditure was still far too high.
The debate was then adjourned until tomorrow-Neuter.
cause there appears to be little or GOLD FOR CHINA
no chance of any substantial de- velopment of public, beaches for the 1947' summer. The commit- tee, facing up to this, suggests a
Ahort-term policy ២. which areas be let out to approved persons with permits to erect tents for pubile
Presumably that is hire. the best the prblle can hope for this summer, meaning i will have to suffer a lot of inconvenience before adequate bathing facilities become a permanent feature
the colony's amenities.
of
Shanghal, Apr. 15,
legislative working which will check an apparent loss of popular favour since the national legislature met. last January.
Republican leaders are disturbed but not unduly alarmed by the swift
Popular
by
ebb of pot favour Indicated
the
polls. They point out that a party coming into control of Con- gress after 14 years must necessarily
through a. shakedown while
go
the
.
д
afier
1
Wallace Controversy May
Aid Truman Programme
will lead to war United States and Russia.
A new
Hayfield, Derbyshire Now Mills, Cheshire Walter Naef Clover Flower John and Kim
Shop
Yun Bud-
(H.K. Chapter) Cheung Chun
Tung
Miss Fan Sult Mul
Leo Yuk
$200.00
5,00
10.00
́(4th. ̈*. Instalmönt) $215.00 Continental Trading Co.,"
Ltd.
210.00
100,00
40.00
50,00
$110,373.00
(Corrections: $1,000 acknow-
Bilson).
New York, Apr, 15. He made it plain that the Ameri-Peter C. Jockson period The Sopate debate on Presi- can criticism made him more de LJS new members learn their dent Truman's programme en-mined them ever to speak his tasks and party counsels attain tered its final stages today and mind on the policy which he charges smooth-running efficiency,
A temporary loss of favour' during supporters of the President an for the discussion of the lodged as from Gray Bros: . Should
between the of Icgislation ticipated its passage by a large American policy is warming up at have read Gray Brothers. $20 from early stage occupied largely with hearings and research-normally would be cover-majority which, they believed, the United Nations where prepara- ́| Tenng Shlu-cheung was donated in -
been swelled by the contro- arrive. at enaciment and the con- versial European crusade under General Assembly session on April gressional majority party can taken by Henry Wallace against 28 to consider the British mandate claim credit.
for Palestine. The recent trend toward Democra- the Truman doctrine. A shipment of 18 tons of Ameri-tie popularity is obviously duo large- Demands that, Wallace be prose- This debate is expected to broaden can gold, purchased by order of ly to the political skill of President barring attacks by private citizens whole Eastern Mediterranean, in- Post
cuted under an ancient statute quickly into general discussion of the former T. V. Soong to regulate the Truman, who weathered a sharp
Turkey and "tempestuous gold market in Feb-party defeat at the poils without per- to influence foreign governments including
Greace. (ruary," is scheduled to arrive
their in sonal loss of balance, and manifested
policy toward the United Latin-American members
an active interest In Shanghai from the United States in enough good sportsmanship to turn States were countered by the sug-inking mid-Aprill, the local press reported. the early sympathy into confidence gestion that this would make Wai- the session. In the belief that they
Local financial circles were specu- and accepted the logic of the Novem- lace a martyr.
may play a decisive role. Five Arab lating on the uses to which this large ber defeat by a gracious appeal for Wallace spent a day touring states are known to be working hard amount of gold was to be put, since party "co-operation" in Congress. In British agricultural projects, wind in the hope of winning Latin-Amor tho government has closed the gold so doing, he left the Republicans to Ing up his stay in Britain, and is can support against recommendations market under its emergency econo- bear major responsibility for legis preparing to carry his campaign to favourable to the Jews in Palestine.
Intive programmes ---United. Press, Scandinavia and France.
-United Press
mic measures. —-Associated Press,”
are
Win. T
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