The Archive · 1939

Moratorium of Finnish Debts Possible

US. Secretary of Treasury Makes Statement Washington, Dec. 5.

Mr. Henry Morgenthau jr tary of the treasury, told new men yesterday that it was possible that a moratorium on Finnish debts in the United States would be granted. The subject is now being di: cussed, he added.

It was also held likely that Finland would not be forced to pay the annual instalment of her war debt which is due for payment on December 15. In this connection it is recalled that Finland is the only country which jhas so far paid her yearly instalments punctually.—Havas. y's godown at 15 Myburgh Roed on November 9 to the extent of nearly $9,000 were punished by the First Special District Court yesterday with fines of between $250 and $300 and prison terms ranging fr i4 months to seven years.

Two of the men drew seven years each while five others were given six years in jail apiece. Three secondhand hawkers were fined for having bought the stolen property. The female was given 14 months for carrying firearms for the gang. It was revealed in court that the gang overpowered the watchman, removed 52 ingots of lead worth more tha: $7,000 and stole cash amounting to more than $200. The stolen metal has since been recovered by the police.

Hsu Cheng-ho and Kuo Wan-chuan were sentenced to three years and six months' and five years and six months' imprisonment respectively yesterday by the same court for participating in the robbery committed in a Chinese wood oil hong at 243 Canton Road on November 3. The men robbed the hong of $10,400 and while running away they shot and wounded a watchman. The men were eventually arrested later and a pistol and 27 rounds of ammunition were found in their possession.

Two other men armed with imitation pistols were each sentenced to 30 days' imprisonment by the court They were arrested recently in a house in Boone Road where they were having a meeting before committing a crime.

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