The
new
BEDFORD
HONG TRUCK
MR
THE
The dollar, on demand, closed to-day at 1/4 3-4.
FINAL EDITION
China Mail
HONG KONG HOTEL
GARAGE
Est. 1945.
THE OLDEST - ESTABLISHED NE ISPAPER IN THE FAR EAST
No. 28,480
HONG KONG, FRIDAY, JULY 28, 1933.
Est. 1845.
PRICE $3.00 Per Month.
HIGH GRADE GENTLEMEN'S
OUTFITTING
AT HOME PRICES
BERNARDS OF HARWICH
CHATER ROAD,
HONG KONG.
ROOSEVELT LAUNCHES AMERICA'S BIG PROSPERITY PUSH
LIMITING WHEAT
US. PLAN TO
REDUCE ACREAGE
GENERAL STRIKE IN-U. S.
SILK INDUSTRY
Protest Against Textile Code
Will Affect 70,000
New York, To-day. The American Federation of
BY 20 PER CENT. Silk Workers Has ordered a gen-
:
Bounty For Farmers.
A WORLD AGREEMENT FOR RESTRICTION?
America's efforts to solve the pro- blem of over-production of wheat, are revealed in a statement issued¦ from the Agricultural Department, yesterday, setting forward the basis of bonuses for 1934 in connection with the acreage reduction scheme.
Meanwhile, reasonable pros pects are entertained for the res-
the triction agreement between leading wheat exporting nations, as the result of the Wheat Conference in London.
U.S. Government Plans.
Washington, To-day. An indication the Unit- ed States Government's efforts to reduce the produc tion of wheat to the level of requirements for domestic purposes is contained in a statement issued yesterday by Mr. Henry C. Wallace, United States Secretary of Agriculture.
eral strike as a protest against the adoption of any textile code under consideration or in force.
It is claimed that 70,000 work- ers will be involved-Reuter.
YORKSHIRE
AND ESSEX
RECORD WINS Verity 11 For 92
At Lord's.
O'CONNOR SCORES 140
London, To-day. Yorkshire at full strength prov
ed too good for Middlesex at Lord's where very fine bowling by Headley Verity (11 for 92) gave the champions a ten wickets vic- Lory yesterday.
Essex, alded by good bowling; by Nichols and a century by Jack O'Connor, beat Gloucester by innings in the other match con- cluded in two days.
:
(Continued on Page 8.) Results cabled by Reuter.
County Championship.
Yorkshire beat Middlesex by 10 wickets at Lord's.
Midalesex 136 (Verity 5 for 43) 192 (Verity 6 for 49)
Ile announces that wheat pro-Yorkshire 302 (Sima 6 for 106)
duction
allotments
totalling
456,198.000 bushels for next year
as a basis for bonuses, will be paid!
28 for no wickekt.
Essex beat Gloucester by an in-
to farmers agreeing to reduce nings and 48 runs at Clacton.
Gloucester 145 (Nichole 7 for 52) acreage up to 20 per cent.
and 211
The allotment represents 54
per cent, of the average produc-Essex 404 (O'Connor 140) tion of the United States over 5; years.
Farmers agreeing to reduce CHINA'S ISLAND
acreage will be paid a bounty of] 28 cents per bushel on allotted production, from money provided by a general processing tax on millers. Reuter.
Prices Soar In Chicago.
POOR CROP REPORTS FROM CANADA.
Chicago, To-day. Excited buying yesterday caused when to soar nearly seven cents per bushel at the opening of the market, here.
DEVELOPMENT ·
Canton Will Not Permit Encroachment.
EARLY SURVEYS RECALLED
STRONG RESPONSE
BY EMPLOYERS
WAGES UP 15 PER CENT IN DETROIT
INCOME OF FARMERS RAISED 37 PER CENT. BY HIGHER GRAIN PRICES
Washington,” To-day.
MANCHUKUO ·
GUARDS HOLD
SOVIET TRAIN
18 Russian Emigres. On Board.
SOVIET CONSUL PROTESTS
Harbin, To-day. Manchukuo frontier guards yes; terday surrounded and escorted Pogranitchnaya a train belonging
to
to the Ussuri Railway which had entered Manchukuo territory and steamed to the west of the border
Newspaper appeals, broadcasts and street-corner orations were city, presumably to take on board! combined to launch America's big prosperity push yesterday. Aero- and convey a number of Soviet ci- planes distributed 77,000,000 blank forms to employers throughout tizens and all their belongings back the United States while the whole country is covered with the great re- cruiting poster.
Meanwhile, it is stated in a message from Detroit, the Chevrolet Company has increased the hourly wage rates of their 40,000 em- ployees by 15 per cent, while in order to permit full co-operation for President Roosevelt's programme, the Governor of New York State has asked the State legislature to suspend the anti-trust laws.
IT IS UNOFFICIALLY ESTIMATED THAT, CHIEFLY DUE TO THE RISE IN GRAIN PRICES, THE CASH INCOME OF FARMERS DURING JUNE LAST, WAS 37 PER CENT. GREATER THAN IN
JUNE, 1932.-REUTER
Employers In
Queues.
Washington, Later." The first reports received here by the Industrial - Re-- covery Administration indi- cale a strong response to President Roosevelt's appeal. One hundred and fifty agreements were signed be- fore noon at Portland, Ore gon, where employers form- · ed queues in order to sign the Code.
Reports from San Fran- cisco show that 3,500 signa- tures were received, while 193 were received at St. Louis, — Reuter,
U.S. GOVERNMENT BUYING COTTON
Traders Surprised At Policy.
2,300,000 - BALES REQUIRED
New York, To-day.
The United States. Govern. ment's purchase of cotton futures has surprised most traders.
to Russia
It is alleged that 18 Soviet citi- zens boarded the train, together with their baggage, although none of them had outward visas and no Customs examination of their belongings, had been made.
The Soviet Consul-General, M. Slavutsky, protested to Manchukuo, demanding the release of the train, which is being detained at Pograniick- паза.
M. Slavutsky also communi- cated with the Manchukuo
eign Office, demanding the release
of 15 Soviet youths who were ar-
rested by Manchukuo frontier
guards when they crossed over the frontier near Pogranitchnaya yesterday. --- Repter,
Manchukuo Troops In Dolonor ?
*PEKING REPORT DENIED.
Peking, To-day. The Peking Chronicle this morning quotes a “spokesman of the Military Council” as stating that Manchukuo troops have mov. ed into Charhar and occupiéd
It is thought that the purchases are probably connected with the liquidation of the production loans Dolonor. preparations by the administration
An official apokesman of the to complete the acquisition of a suf-| Council · informs Reuter,. In re- ficient supply of spot cotton or sponse to enquiries, that there is
U.S. Gold Ore May Be futures to fulfil the option contracts no truth in this report, the fact in compensation for the abandon- that the town is still policed by ment of acreage by farmers. |1,000 of General Feng Yu-shiang's
Exported.
Washington, To-day,
"
::
WANG GOING TO KULING.
It is understood that about 2,300,- troops, who have been there since 1000 bales will be necessary to cover the main body of General Feng's! The United States Treasury these options, while it is reported forces withdrew.---Reuter. has authorised the export of gold that the cotton secured by the concentrates and gold ore to for- Agricultural Adjustment Ad- leign countries.
ministration from old crop holdings. Smelter or imperfectly refined through the negotiations of the ore is not to be exported.
Farm Credit Administration, totals Hitherto, the Treasury ruled about 1,600,000 bales. Interviewed yesterday by repre- that gold ore did not come under). It has been expected that the re sentative, concerning the occupa President Roosevelt's embargo mainder required, namely about tion by the French of the coral is-jon gold exports. -Reuter, lands in the China Sea, a pro-
Canton, To-day.
minent official of the Kwangtung
700,000 bales, would be acquired from owners of seed loan cotton, and there is much uncertainty in trade'
Canton Consulted On Re-Division.
Nanking, To-day.
Provincial Government said it was SINGAPORE NAVAL circles as to just how the operations Ching-wei is leaving for Nanking
not certain from the brief French announcement, whether the islands
Reports of probabile further de- in question embraced those under
toriation in the Canadian crop China's sovereignty. was the cause of the buying.
Reuter.
wave
of
Surplus Grain For The Orient?
جینه
Washington, To-day. The chief administrator of the United States Farm Re lief Act has indicated that he is considering assisting the wheat growers of the Pa cific Coast to export surplus. grain to the Orient, Reu-
ter.
Better Prospects In In London.
as
BASE
Why
Base Ship Is Required.
FIRST LORD'S STATEMENT.
The official pointed out that the islands belonging to China are known as Paracels. Islands, that is,, ja group of islands which are
follows: Amphrtrite Groupe, Tree Island, North Island, Middle Island, Smith Island, Woody Island, Rocky Island, Lincoln⠀⠀ Island, Bremen Breaker, Bombay Beef, Prattle Island, Money feland, Drummond Leland, Duncan Island, Palm Island,]
Replying to Mr. F.-8. Cocks | Observation, Island, Triton Jaland, Passu Kean, Discovery Reef, and (Lab.) who asked what were the reasons for sending the monitor, North Reet.
London, To-day. The Singapore Naval Base was a subject for discussion In the House of Commons last night.
The position of the ParacelsTerror to Singapore as a base
TYPHOON - WARNING
may be handled.—Reuter,
that
It is learnt that Mr. Wang
from Kuling, the Conference It was announced yesterday
there having ended, yesterday. the United States Government is It is reported that Mr. Wang purchasing, cotton futures in order to telegraphed to the Canton lead ensure cotton for delivery for growers ers, stating that the Kuling Con- who took options during the crop reference has found it necessary to
CONFERENCE
ENDED BY KNOCK
OF HAMMER
Thanks Expressed To Britain,
BUREAU TO REMAIN IN ACTIVE LIFE
London, To-day. With a single knock of the ham mer Mr. Ramsay MacDonald Presi dent of the World Economic Con- ference, yesterday, declared the session of the Conference ended.
The delegates trooped out after Senator James Cox, of the United States, on behalf of the Conference, tary-General to the World had thanked His Majesty for open- Economic Conference.
M. Joseph Avenol, the Secre-
RRITISH
COMMENT ON
CONFERENCE
Spade-Work Done For Next Meeting.
WAITING FOR RESULTS OF U. S. EXPERIMENT
London, To-day. The exodus of the World Economic Conference is the subject of lengthy leaders in this morning's London News- papers, which, generally, re- cognise the failure to reach agreement on the subjects on the agenda, as inevitable in view of the grave world econ- omic conditions.
In this connection, "The Time's" declares that although the Conference itself has ac- hieved no practical results, it has succeeded in doing a great deal of the spade-work neces- sary to enable the next Con- ference to accomplish some- thing more definite.
It is clear that it is of no
use meeting again before the
results of the great experiment in America is sufficently clear to enable President Roosevelt to adopt a definite policy re-
to
garding the exchange value of
the dollar and the whole econ amic and financial relationship between the United States and the rest of the world. Reuter.
ing the Conference, Mr. MacDonald for his able Presidency and the British Government for their gener ous hospitality.
Mr. Ramsay MacDonald and Mr. Neville Chamberlain briefly replied- to Senator Cox-Reuter.
MR. MACDONALD'S FINAL ADDRESS
London, To-day. Concluding the plenary meeting which yesterday brought to an end the present session of the Mone tary and Economic Conference, its President, Mr. Ramsay Macdonald, said:
"At this point we adjourn," not tecause we are defeated' or 'dia coursed, but because the com-. mittees require a little longer to continue their deliberations and to consider their conclusions. You will therefore consider the resolu tion to keep, the machinery in be ing, instructing your Bureau to re- main in active life. In order that this activity may be more vital, your Bureau will appoint an Executive Committee of the var!- ces Chairmen and rapporteurs who have been guiding the work sincé the Conference opened.
"As President both, of the Bureau and of that Executive Committee, I promise that this work will be dane' as quickly as possible. I can give no' dates for the casential part of the work is to be intricate and a number of opposing views and proposals will have to be examined.
(Continued on Page 4)
FRENCH FIGHTING SERVICES
Chang Impressed.
INTERESTED IN AIR : ROUTE TO EUROPE?
Faris, To-day. **I have formed a high opin- ion of the French fighting ser- vices,”? declared Marshal Chang
the press yesterday, fo
uction campanated that the Govern- proceed on- the re-division of the ULM'S BAD LUCK to an address 25
ment needs 1,100,000 bales costing Provinces, as was agreed in prin- slightly over 11 cents per pound.
SILVER FIRMER IN NEW YORK.
General Market Shows Strength.
New York, To-day.
ciple at the fourth Plenary Ses- sign of the Central Executive ¡Council.
The telegram requests the Jopinion of the Southern leaders
thereon.. Reuter
RUBBER SCHEME DELAYED AGAIN.
Objections To Anglo- Dutch Plan.
Australian Airmen. Delayed
PLANE OVERTURNS IN IRISH TOWN
London, To-day. The round-the-world flight of the Australian : airman, C. T. Ulm, and his com- panions, F, B. Haylor and E. L Alan,” on board the "Faith in Australe,” con- Linues to be dogged by
Islands is given as, latitude 16,46ord of the Admiralty, said that street, yesterday, as the result of ship, Sir Eyres Monsell, First Silver ruled firmer, on Wall |17:6 degrees,~ north and longtlude
the development of the Naval good buying by Banks and the 110:14-112:45 cast.
Base and defences had reached trade Bellers were principally (Continued on Page It).
the stage when the presence of a commission house and some foreign
The Haine Today base ship was required; ds in the operators.
The objections which arose to the case of other bases.
Anglo-Dutch Rubber Growers As- Steel shares strengthened on the sociation's restriction scheme" at July 28, 1988, The Terror's". complement annoncement of bids for the Na- yesterday afternoons conferenca nock, Ireland, preparatory to London, To-day.
Manila, 27th 4.10 p.m. Cyclone wan 13 officers and 203 men, val construction programme. In between Vanderwaalz, head of taking off for Newfoundland, the While no agreement has yet been or typhoon E. of Northern Luzon while the cost of the voyage to dustrials Fose 93 to 98.08, while the Economic Section of the Dutch plane overturned and injured reached, there are reasonable pros more than 300 miles distant. Direc, Singapore was estimated - ralls and bonds advanced 1,06 and Colonial Office and the bects that the present difficulties tion unknown. £3,100,
CO-OPERATION ON WHEAT EESTRICTION SCHEME
On their arrival at Port Mar-
erations several spectators, two of them Growers' seriously. The fliers themselves
The Chinese and French rela tions have always been excellent, and they are growing closer daily, he said,
He added that one of his* aims was to study the possibility of ra- pid communication between China. and Europe.y!
Dr. Wellington Koo, Chinese Am
· Marshal Chang Hauch-liang and
bassador to Paris were previously the guests of the French Foreign Minister, Mr. Paul Bonour, at a luncheon in honour of Mr. T. V.
Better. Spong, Chinese Finance Minister.
LONDON MARKET, FIRM AND QUIET
+-- London, To-day,: The London Stock Market was ate fur- were slightly hurt, the quietly firm, throughout yesterday, perhaps. One wing was damaged and Kalles being a strong feature: War repairs will entail delay of Loan, 8% per cent, declined to Iseveral days — Reuter,
88% ---Reuter,.
1.17, tô 48.31 and 88,24, respectives, from the Dutche will be adjusted if further con-[ 10 a.m. July 28, 1835. Manila, The cost of maintenance of the ly. “Uulitier declined: 04
22:21. Associa sultations are arranged, atates an 28th 8.40 am. Cyclone or typhoon ship in Singapore was estimated Trading, shor *# plight" increase ther deliberations official communique concerning the E.' of Aparri, Jess than 800 milei £13,900, excluding the pay of the on Wednesday's business, 2,460,000 Jete revision of the plan..
(Continued on Page 13). „distant moving W. N. W. De personnel Beuter,
shares changing handa Reuter,
(Continued on Page 4)