FRIDAY, MARCH 7 1924
PRESIDENT'S TELEGRAMS.
·NAVAL OIL LEASE SCANDAL.`
STATEMENT FROM WHITE HOUSE.
(Reuter's American Service.)}
WASHINGTON, March 6. The following telegram from President Coolidge to Mr. McLean in Florida, dated January 12, was placed on record by the all committee to-day
12
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Prescott is away. Advise Sicmp with whom I shall confer." Siemp, the President's secretary, was then in Florida. Members of the committee are not aware who Prescott was.
The President telegraphed to McLean at Palm Beach on February "Thank you for your message. You have always been considerate. Mrs. Coolidge joins me in sending kindest regards President Coolidge immediately made a statement from the White House saying that the matters mentioned in his message related to questions of the local government of the district of Columbia in which Washington is located.
to Mrs. McLean.
The President explained that he desired to confer with Prescott who was Republican City Chairman regarding district matters.
Mr. Coolidge declared that the second telegram was a reply to Mr. McLean's telegram congratulating the President on his Lincoln's ilay speech, and amounted merely to an exchange of amenities.
INCOME TAX SECRETS.
Mr. Coolidge declined to submit to the oil committee tax returns of - individuals and corporations prominently mentioned in the oil investi- gation, stating that the acting Attorney-General advises him that the President is without authority to comply with the request.
Mr. Coolidge however offers to co-operate in an effort to secure amendment of the regulations which would permit the committee to inspect the returns.
"FRAUD."
WASHINGTON, March 6.
SPIRITED AWAY.
MISSING LAUNCH MYSTERY.
UNSIGNED LETTER.
Police and Practical Joke Theory.
Yesterday the police received a letter in Chinese, purporting to
be of an urgent nature, to the effect that the steam-launch "Kwong Shun" missing from the harbour since Sunday evening, was in a bay in the Heungshan district opposite Macao. It was posted in Macro and the exact locality of the bay was given, but The the letter was not signed. police are not inclined to attach any importance to this develop- ment, their opinion being that it is the act of an irresponsible per- son or, possibly, an effort of the culprits to throw the police off the scent.
Up till this afternoon, no authentic intelligence had been received at Central Station, nor had the Chinese" ferry company's investigators reported anything substantial..
"It is announced that the Government next week will begin suit for cancellation of the oil leases granted to the Doheny and Sin-ference with the C.S.P, and the clair interests on the ground.of "fraud and illegality."
An injunction will also be asked for restraining the lessees from making any further drillings.
The court has been requested to appoint receivers to control the Government properties, pending litigation.
EARLIER CABLES.
The question of the retirement of Mr. Daughterty has again been given serious attention, and it is even stated that White House is con- sidering the selection of his successor.
One of the reasons for the recrudescence of the demand for his resignation is the alleged disclosures resulting from the Grand Jury investigation by the Chicago Bureau, during which the Jury reported that Government funds were used for speculation and sums paid to
Iwo members of Congress.
The disclosures are "stated to relate to matters over which Mr. Daugherty had technical jurisdiction as head of the Department of Justice.
TO PREVENT ATTACK.
1
...
LATER. It is announced that Mr. McLean's congratulations related to the Fresident's reply to the Senate's demand for the resignation of Mr. Denby.
Speaking in the Senate, Senator Lodge warmly defended President Coolidge In connection with the telegrams to McLean, declaring that they were perfectly trivial and easily explained. He said there should be a mile to protect the President from such attacks on the part of Senators.
HEATED SENATE DEBATE.
WASHINGTON, March 7. Replying to Senator Lodge, Senator Harrison denied he had attacked the President. An altercation then ensued between Senators Harrison and Ledge terminating in Senator Harrison expressing the and an explanation hope that the President would make
Senator Lodge's statement. that the country would At this stage Senators Hedin, Cirraway and Mckelior intervened. Recalling that Senator Lodge was, formerly one of ex-President Wilson's bitterest attackers, Senator Walsh charged Senator Ladge with trying to utilise the people's just respect and reverence for the mininise the effects of the oil disclosure." présidency in order to The debate gradually became more heated. Senator Carraway again bitterly assailed Senator Lodge, declaring that everybody knows Wilson sleeps in his grave as a result of abuse and unjustified attacks levelled against him when President. -
accept
NOTED DOCTOR. ABOARD S.S. "LACONIA" ON ITS WORLD TOUR.
S.S.
TENNIS TOURNAMENT.
O. RUMJAHN WINS TUS FIRST MATCH IN SINGLES.
THE CHINA MAIL.
HONGKONG SERVICES HOSPITALS
QUESTIONS IN THE COMMONS.
MILITARY LANDS TRANSFER POINT.
LONDON, March 6, In the House of Commons, In answer to questions, Mr. Wm. Graham, Financial Secretary to the Treasury, stated that negotiations were proceeding between the War Office and the Hongkong Govern parade ground and military hospital ment for the exchange of the properties there, including the existing If and when settlement of this question was reached, the question of hospital accommodation required by the Navy and Army would be reconsidered.---Reuter.
GERMANY'S PROBLEMS.
CHANCELLOR'S REICHSTAG STATMENT.
BERLIN, March 7..
In a speech in the Reichstag Herr Stresemann announced that a bill for the establishment of a Gold Note Bank would be submitted. He rejected the idea of neutralising the Bank of the Rhineland by making it a buffer state and said he did not believe Mr. Ramsay MacDonald made such a proposal. He declared that Germany's disarmament was almost completed in the spring of 1922. Germany could not agree to replacing the inter-Allied Military Control Com mission by a commission of guarantees.
COMMERCE AND FINANCE.
HONGKONG SHARE MARKET.
Guards and Telephones. The "Kwong Shun's" owner-it being chartered by the ferry.com- pany-is reported as being in con- superintendent of the company yesterday when it was suggested that Indian guards be placed on the ferries and wharves. The owner and the company's repre- rights buyers ex sentative are said to have ex-premium sales. pressed an opinion that the guards would be extremely useful but that the Government should
be responsible for supplying the guards. Another proposal was that telephones be installed on the wharves for ready communi-
cation,
In addition to the quotations given on page II as usual, the| following should be noted:-
Hongkong Stock Exchange:- H.K. Hotels $22 com div. ex rights $8/9
Cements ex rights $294com. rights $6 prem. nom.
China Providents ex bonus and rights $23 nominal, rights $t prem. nem. Bonus shares $23 nom. Ropes ex bonus and rights $27
NO HOPE.
FOR FILIPINOS" INDEPENDENCE.
ANTI-AMERICAN BOYCOTT FAILURE,
MANILA, March 7.
A letter from President Cool idge stating that there is TO hope of independence for the Philippines at present is regarded, as knocking out the props under the local campaign to raise money by voluntary contributions to continue propaganda in the United States. A few thousand pesos have been raised so far to which three Americans, other two business men, have con- one of whom is a missionary and the Bonus shares $27 nominal.
China Light $134 ex rightstributed. The projected boycott of American merchants, newspapers nom. rights $8 prem. buyers.
etc., has failed to materialize to date though there are evidences of at- ter advising a boycott is being cir tempte being made and a chain let- enlated.-Router.
nominal, rights $3 prem: buyers.
Note: China Providents Old Issue shares are Nod. 1/170,000. Hongkong Ropes Old Issue shares are Nod. 1/60,000.
Hongkong, Share Brokers' As
Indignation has been expressed in some Chinese quarters at the suggestion that soldiers profes- sing allegiance to the Canton government have been responsi- ble for spiriting the launch away. It is pointed out that if the Canseciation: ton authorities were in need of a launch they could easily procure one in Canton where there are very many still flying the Chinese flag.
In the surmises as to the fate of the faunch it has been said-pro- viding pirates were responsible that the gangs previously known to have operated on Swatow and Shanghai steamers are usually natives of the Wai-Yeung districts (near Shanmei) but that those who have preyed on the river- boats in the estuary and delta of the Canton River, mostly hail from the Shuntak or Tungkun Some who profess to districts. know, believe the launch is now in one of the back-reaches of the East River if she has not been destroyed.
The disappearance of this aunch has led to a number of rumours regarding people taken away to ransom in previous piracies. Many well-known local Chinese firms are said to have received applications for ransom Comm. Worthington of member(s) of their staffs.
Among the passengers of note aboard
Cunarder
Three antebes in the Open Sin-i the "Laconia" is Dr. Edward Ahl-gles tennis tournament were decided wede of New York, a well known yesterday. bacteriological expert, who during Jet C. Willson, in the second round his trip round the world is, makund won in three straight sets, for ing a visit to more than a hundred the loss of ten games. O. Rumjaka hospitals, hygienic laboratories played his first match in the Open and medical institutions collecting Singles, and defeated E. de Sousa material on tropical diseases.
The third match was between N. Tmmbitsky and C. d'Assumpeão, the winner having to must Ng He
wong in the next round.
Detail-
Dr. Ahlswede is the son of a noted London medical man. He studied at Cambridge, Sorbonne, Paris and in Germany and made a
Open Singles-Pay Lt. Com. special study of dermatology at Worthington beat. C. Wilson G.
MOTOR BOAT SEIZED.
BRITISH FLAG AGAIN,
FLOUTED.
"ROBIN" TO THE RESCUE.
the Unna Clinic, Hamburg. The 6-1, 6-2; 0. Rumjahn beat E. de (From Our Own Correspondent.) doctor specialises in deep X-ray sa 6-0, 6-4, 7-6, 6-d; No Therapy at the State Institute Thobitshy eat C. d'Asimpeno for the Study of Malignant Dis-6-2, 3-, 7-5, 2-6, 6-
Handicap Doubles.-8. F. and D. easen, Buffalo, NY:
Dr. Ahlswede is quoted as an een fowe 4/6) bout A. W. authority in his particular sub-owers und Remington (4/6), 4-6,
7-5, 6-4. ject and his 80 medical papers
1
Canton, March 5. An account of the recovery by H.M.S. "Robin" in Chinese waters been commandcored by sokliers, of a motor-boat alleged to have
in is given
the
Coments.-New issue 6 premium. C. Lights.New issue 5 pre- mium.
Providents. Ex-rights and Bonus 22.8.
Providents. New issue
pre- mium 22.
Ropes.Ex-rights and bonus shares 26.
Ropes.-New issue premium 1.60.
METAL QUOTATIONS.
BRITAIN
1924.
TENNIS BALLS & RACKETS
AYRES
SLAZENGER'S
AND AMERICA.
WASHINGTON, March 4. Interviewing Mr. Coolidge, Sir Esme Howard, the new British Ambassador, expressed on behalf of the King and Prime Minister cordial and sincere good-will and friendship towards the United States. He gave an assurance that he would always endeavour to maintain and promote in every Mild Steel Bars-Square possible manner the cordial Anglo- and up 50 tons indent at $4.70 per American relations so much desir picul, round and up 100 tons ed by every member of the British indent at $4.70, flat 50 tons indear Empire. at $4.85.
Mr. Coolidge cordially recipro- Pates, 4' x 8'3/32" 1/16"-cated the greetings, aad declared were also sold for indent at $650 that happily no clouds shadowed perpicul-do-4'x8' x 3/16" and the relations between the two up were quoted by local dealers at countries. He believed and was $6.20.
conscious that the identity of the Angles, 14" to 3"-quoted for general aims which the
nations were cherishing, and the indent at $4 60 per picul.
similar ideals, disciplined by s liberty, truth, and love of justice would be a mighty force in bring
peace.-Reuter. ing the world to a just and lasting
Joists, 3 x 5 quoted by local dealers at $4.60 per picul.
Plate Cuttings:- 100 tons in deat at $4.30 per picul and quoted by local dealers at $4.75.
Rods, square, 3%-10 56"x6" to 1250 tons indent sold at $5.15 per picul...
Tinplates, 14" x 20" 100 lbs. x1128-1,000 boxes indent sold at $11.80, local sales $12.00, local quotations $12.15.-do-14"x 184 x110 lbs. x 124s quoted by local dealers at $10.80.
two
By his will earn et £111,951, Mr. G. B. White, a director of Messrs. Hariley, Cooper, and Co., Lloyd'a. left anderwriters..." of £5,909 each to Harrow School, Christ's Hospital School, Horsham, Wire Nails, quoted by local and Lloyd'a Benevolent Fund. Mr. dealers: 34 at $12.70 per Armand Guggenheim, Swiss Consul picul keg, 7/8′ 1′′ 114" at $10.50,1% at Manchester, loft eate of the to 3 at $9.30 and sold. (indent) at grom value of £138,510. $9.00.
TRADE TREATY.
BERLIN, March 5:5 Germano-Dutch Trade
Galvanized Wire, 13 to 17. B.W.G.sold by local dealers at $9.90 per picul and quoted at $10.00.-do-18 to 22 B.W G. sold Galvanized Plain Sheets and quoted at $12.30. Canton 3x7x30 G50 tons Indent at 13 have enhanced his reputation in batches to be played to-day are vernacular papers this morning. cents per lb and quoted for indent Among the Kwak Po-kwan v. F. Wheeler, The motor-launch "Wing Ning" at 13.2 cents. more important of his works are Open Singles; Forste v. Reming-was alongside "Red Light Treatment," "Non-ton. Club Singles: Hung and Hung the Western Creek on Tuesday NAM PAK HONG MARKETS, Import Duty raised in Holland
the medical world.
TO-DAY'S MATCHES.
LADIES' CHAMPIONSHIP
when
...
wharf at
·
The
has been renewed fer à period of Treaty which expires on April 1 three. years. The prohibitive. against German footwear will then cease-Router.
LOAN FOR SIAM
LONDON, March 5./. The Financial News givés currency to a rumour that Siam in London-Reuteri
specific Protein Therapy." "Non v. Redmond and Worthington, and
fourteen non-Cantonese
MANY RICE STEAMERS ARRIVE. specific therapy in Syphilis Treat-irnce and Ruworth v. H. D. and ment," and "Non Surgical Treat C. Rumjahn, Open Doubles: P. E., soldiers with labels marked "the ment of Malignant Tumours." He Barker (15) v. A. Stevens towe 28th brigade, 14th division, 7th
army corps" proceeded to the There are few if any changes to has been engaged for the last 5/6), Handicap Singles "B".
launch and declared that the report in the Nam Pak Hoog three years on a treatise dealing with the treatment of the skin Championship at the Ladies Recretary purposes.
Playing in the Ladies' Singles vessel was requisitioned for mil quotations for Java sugar, rice and
flour,
This week about a dozen, ships and weiteren! diseases which is to tion Club yesterday afternoon Miss The launch flies the British flag be published in the United States. P. Gimce bent Mrs. Mitchell in two and is registered, as the property (including those chartered) have will shortly issue a £1,000,000 loan
straight sets 0-2 and 6-3.
of a British firm which is known arrived with rice cargoes from Sai- The prizes were distributed by to the Chinese as "Tung Fat Kon and a smaller number from Bangkok. It has not been able to Mrs. Grics after the match. Young Hong and the manager re-ship the Imports immediately
personally lodged a protest. This on arrival as is customary and The output of Garing (Malacca) was of no avail as the launch was many lots have been landed into Rubber Estate for the year ended SINGAPORE, March 6. Savings Certificates have not, ut forcibly taken to a place near gedown causing congestion. September 30, 1923, was 235,000 Rangoon broadcasted an S.0.5.xing to the National Savings, Shek Cheng (where the Arsenal However, Importers are not in the lbs. Net profit was £826, plus from the steamer "Strath Lome" Committee, lost in popularity as a afire in the Bay of Bengal and result of the income in prite. Al stands.) A report was winde to least inclined to lower prices and £240 brought in, Directors recom later broadcasted that assistance together 525,191,405 certificates the British Consulate whereupon are prepared to hold on.
liave been sold since the inception the "Robin" was despatched to was not required.
of the movement
STEAMER AFIRE.
(From Our Own Correspondent.)
bring the launch back. On the approach of the "Robin" the soldi-
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JAPANESE INSURANCE.
RUBBER.
merd, writing off from discount on Debentures. £1,000, carrying forward £67. Trading profit was £3,074. Against, $623. Gross aver age realised was 16, 1.55d, against 9.14d.
A Reuter cable from Washington Nachorld's men are charge fled to the shore.
TOKYO, Mach 6. says it is understood that the engagement will shortly be an za despatched to India Fuys part. The "Robin" is stated to have The Privy Council is not willing rounced of the Honourable John Cuin stress on the fret that progress opened fire with her machine guns to accept the Government's Cecil Firet Secretary to the Britis can only be made on political or but no hits were registered Insurance proposal. It is under The total output of the Kallan stood that the Government has Mining Administration's mines for Embassy and Miss Cornella constitutional lices No party in Shortly afterwards the motor decided to pay the subsidy on ita the week ending February 23. Vanderbilt, only daughter of the Great Brain," he declines, will launch was brought back to Cans own responsibility, after which it amounted to 44.091 tons and the Lite George, WA Vanderbilt Miss he owed by threat of force, or by ton and resumed her run. The will buds the sanction of the sales during the period to 65,383 Cornelia Vanderbilt's mother is 1licies designed to bug Gavez labels are the hands of the Con- plot.euler ons of the famous Dresser Listen, men to natandstill.
sulate and inquiries will be made.
tonse
FOR THE TOURNAMENTS
lazenger
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