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THE NEWSPAPER ENTERPRISE LTD.
3A Wyndham Street. Tel. 20022.
Est. 1845.
No. 28,673
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
· Ext: 1845.
HONG KONG, WEDNESDAY, MARCH 14, 1934. PRICE $3.00 Per Month.
GENTLEMEN
MAKE
BERNARDS'
K YOUR
BUYWORD 1
OUTFITTERS
CHATER ROAD.
HONG KONG.
EUROPEAN ECONOMIC ALLIANCE NEGOTIATIONS COMMENCE TO-DAY
RUMOURED SALE OF C.E.R. TO MANCHUKUO
135,000,000 Yen Alleged Se From Secret Tokyo Negotiations
Harbin, To-day.
It is strongly rumoured here that secret negotiations in Tokyo have resulted in the sale of the Chineze Eastern Railway to Men- chukay at a price of Yon 135,000,-
000,
The report in not confirmabje, but the tension between the Japan- ese and Soviet offcials here bax visibly relaxed-Reuter,
AMBITIOUS
LONDON SLUM
CLEARANCE
250,000 Houses To Be Demolished.
EMPLOYMENT FOR 110,000
London, To-day.
The Government has issued a White Paper outlining an ambitions scheme for slum clearance, where- by hopes are entertained that the slum problem in Britain will have disappeared in five years.
new
The Government oposes to demolish over 250,000 houses, building nearly 300,000 houses to replace them, whereby 1,250,000 persons will be removed from slums and re-housed in up- to-date premises.
to
will £115.000.000
The expital cost amount over a period of five years, the Exchequer contribution beginning at about £600,000 and rising to over £3,000,000 and continuing for a period of 40 years.
Local authorities will also con- tribute, beginning with £250,000 annually, and rising to £1,000,000 in 40 years.
over
The scheme will give work to 110,000 people. - Reuter.
FORD WORKERS AT MINIMUM WAGE
47,000 Affected By Restoration.
Detroit, To-day.
Ford Motor Company has announced the restoration
The
of the daily minimum wage U.S.$5 to all employers. This affecta 47,000 out of 100,000 employers.-Reuter,
Henry Ford Pleased Wages Are Climbing.
HARDEST THING FOR HIM TO
MAKE CUTS:
SPECIAL TO. CHINA MAS.....
By Tolegraph, Copyright-Telsyra-
Thin Messages Ordinance, 1295; Re
hip...
ocived March 14, 1,45 pan.)
Dearborn, Michigan, To-day. The Ford Motor? announced ́ihye'nei
The
DOLLFUSS ARRIVES IN ROME
SURPRISED AT CORDIALITY
OF HIS RECEPTION
THREE-PARTY MEMORANDA
Rome, To-day..
BUSINESS
IMPROVEMENT
FORE JASTED
Security Market Outlook Encouraging.
U.-S. ECONOMISTS VIEWS
SPECIAL TO CHINA MAIL.."
(By Telegraph, Coppright. Telegra nhir - Messager Ordinance, 1544. Re ceived March 14, 8201a.m.)
New York, To-day.
The prontinent enormist and statistician, Mr. Roger Ward Bab ron, states that the next an months or more, kotiness should improve.
The outlook for the security mar
The Austrian Chancellor, Dr. Engelbert Doll- fuss arrived here last night and was greeted by Signor Mussolini, high officials, and an enormous, cheering crowd. He raised his hand in Fascist salute, but displayed evident surprise at the corkets was encouraging he said. diality of his reception. The Hungarian Premier, General Gomboes has been here since Monday.
Negotiations will begin to-day and will aim at an economic alliance which, if successful, will have far-reaching political importance in the fu-
ture of Europe.
The three parties have lodged a memoranda as a basis for the conversations.
AMERICA'S GOLD PURCHASES.
$593,000,000 Within “
Five Weeks.
OVERSEAS SELLERS.
New York, To-day. The United States Treasury reveals that U.S.$599,000,000 worth of gold were purchased between February 1 and March 9, mostly from abroad.
Professor Harland Allen, an- other well-known economist, re- commends Investors to purchase
commodities and also stocks in
"necessity enterprises”.
He forecasts that mail order
shares are likely to outstrip the
general market in any improve- ment, and believes that railroads and utilities will probably leg behind.
The Cheese Market in Alkmaar, Holland. Every year thou.... sands of people go to see this spectacle. A background to the live- Jy Cheese Market, is formed by a splendid old weigh-house – in front of which are the Cheese Carriers and weighing staff-wear"
· Ing the quaint costumes of their corporation, and the farmers," their wives and a crowd of spectators. The market opens at 9.30 when the Kellers and buyers are dealing on "handclup.”
"
PRIMARY MONEY
NOMINATION
OF SILVER BY WESTERN STATES
Urgent Congressional Enactment.
LAW REGULATES PRICE
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra- phic Messages Ordinance, 1201, Ram ceived March 15, 4.55 p.m.)
SALT LAKE CITY,
UTAH, TO-DAY." THE GOVERNORS OF THE |WESTERN" STATES, AT A |SPECIAL" SESSION, - YESTER- [DAY, AGREED TO URGE" AN, IMMEDIATE CONGRESSION
WORST ATLANTIC STORM AL ENACTMENT, ESTABLISH-
IN SEVEN Y
·BERENGARIA BATTLES
WAVES 70 FT.
The "Brookmire" business fore- cast states that recent Washington The Italian document is based developments disturbed sentiment, on the Stresa conference recom- being "sufficiently disconcerting" mendations, and propose bilater-to justify the postpondment of fur- al, economic and regioni agree ther buying of stockas - mente.Signor Mussini and Existing security boldings need A. A vivid description of the General Gomboes, have already not be disturbed.—"United-- Press, worst. Atlantic storm for discussed the trade questions, per SC, Gold Bar Cois mainly the
Italo-Hungarian
freight rates, a typical thorny HENRY KESWICK ON problem, as Hungary's exports are principally grain and cattle.
Italy does not want grain and can get cattle more chaply from Yugo-Slavia, which is nearer,
AUSTRO, ITALIAN DIFFICULTIES
Similar difficulties are bound to arise between Italy and Austria The grand total purchased since because, under natural conditions, the gold purchase policy wus Italy is best fitted to tnde with inaugurated on October 25, was Jugo-Slavia, and Austria with U.S.$780,000,000.
Gold coin surrendered this year under the anti-hoarding order, totalled U.S.$27,000,000.-Reuter,
SVALE CREW LEAVE
SHIP.
Heavy Seas Batter Stricken Vessel.
The position of the ss. Svale, which ran on Breakwater Rock, eight miles off the mouth of the Foochow River on Monday, is still very serious. Although, the ves-
Czecho-Slovakia.
Consequently, the Kalians are anxious to extend the scope of the conference to in- clude the little Entenit
(Continued on Page 9)
TIN PRODUCERS' UNANIMITY.
Belgian Congo To Join Restriction Scheme.
COMPROMISE ON OUTPUT."
London, To-day,
SALVAGE WORK,
Russian Freighter Runs,
Aground On Reef.
KOWLOON DOCKS RECEIVE
PRIVATE MESSAGE
-gers on the irrival of the Cine
|ING SILVER AS PRIMARY
MONEY, THE PRICE TO BE: REGULATED BY LAW.
They held that legislation: was
THROUGH necessary for three reasons,
HIGH
Londen, To-day. Berengaria's battia: through
by American
at Southampton
| height of the storm; last nights when the vessel how-to for burg
•
The gale struck the far with hurricane force, and wares out the deck 70 feet above the water-line,
BERENGARIA’S”. "TURN ROUND
The Quickest In
·Her Career.
17 HOURS IN SOUTHAMPTON
London, Te-dny,
A dozen passengers were ed but not seriously.
1. To furnish" a greater me tal base on which was needed a conservative expansion of “ the monetary system.
2. To stimulate trade with silver countries by raising the
» punlangs valile of their money.. V-35. Tot provide, fürther insur
unes- against war," since" "TU merrs supply of silver "wa-ni- milar to having another Navy | and Army "reserve.
The resolution was 'mailed injur-President Roosevelt and member of Congress-United Press par 8. C. Gold Bar Co.
POLITICAL SUICIDE IN. AMERICA.
Democrats Condemn Roosevelt's Request
A couple of two-ton safes were ripped from their bolts and crash- ed on the floor of the Purser's office. The Sunday services, and the cinema performances were cancelled.
The Bérengaria made one of
in dock: Reuter.
A Rumian, freighter, Kuznetzles- sau, belonging to the Chinese Ear tern Commercial Railway Agency, is reported to be aground on a reef
The huge Cunard liner, "Beren- the quickest turn-rounds in the off Pratas Island. The Kowloon
garla," arrived in, Southampton history of trans-Atlantic travel Dock salvage tag, Henry Keswick, yesterday evening and is re- at Southampton, leaving for New left Hong Kong last night to go to crossing the Atlantic to New York this morning after 16 hours |ber assistance, and will bring the York this morning.
vessel to Hong Kong,
She made the quickest ""Turn The vessel went aground on round" in her career, for during Monday, and a private message her 17 hours in Southampton she was sent to the Kowloon Docks disembarked passengers and em- for assistance. The vessel is barked others,, and hundreds of stated to be ashore in shallow workmen were engaged throughout water, but it is expected that the night loading cargo, provisions with the rising tide the vessel and mall and pouring, thousands of can be pulled off with the assist tons of all into her tanka British
ance of a tug.. ||**Pratas Island, 180 miles from
Tin producers in the Belgian Hong Kong, is a Chinese mill- ael is in a sheltered position, heavy Congo have decided to join the retary wireless station. seas are causing the owhers some striction scheme, according to the alarm, and the crew have been taken Financial Times
off until the weather improves.
Production of 15,000 tons of tin
The owners informed the China ore during 1984 and 10% will be Mail this afternoon that they have allotted to the Belgian Congo, re- not yet abandoned' hope of salvag-presenting a compromise between ing the strended vessel, and, in the Belgian demand, för,” 17,000 spite of the heavy sean, she was tons; and the 10,500 tons offered
not yet breaking up.
by the Tin Committee.-Reuter.
Budget Surplus Indicated By
Britain's Favourable Finances
London,
The latest weekly Treasury han turns show that up to Ma the $5 total ordinary revenus for
rent, financial year, wh
March 81, amounted to 6876
and the ordinary
the same period,
For the
collated last
Inland. revenue week, totalled £16,318,00%, and Buded)210/215,000
AMERICAN TRADE WITH FAR EAST,
Likelihood Of Sharp Increase.
AFFECT ON CHINA
SPECIAL TO CHINA MAIL. (By Telegraph Copyright, Telegra phic Mouages Dedinance, 1894, Re ceived March 24, "745" pim.);
* New York, To-day- hundred of the "Nations": "managers" and freign men, a) the annual meet-
sharp & Increase? (in %1
Staten' trade
There is a geni
urther action.
Wireless Service
THIRTEEN RESCUED FROM TOMOTSURU.
Seventeen Corpses Recovered
AUTOMATIC
SPECIAL TO CHINA MAIL. hic Messages Ordinance, 1881.
By Telegraph, Copyright, Telegra solved March 14, 145. p.m.) --
Washington, To-day. Some Democrata・・ think that. [President Roosevelt is asking them to commit political suicide by sup
STRATOSPHEREporting his request for authority, to negotiate recprocal tariff #gres”. BALLOON FAILS ment
Bursts At Height
Nearly 11 Miles,
A small group of Democrats: is preparing to offer limiting amend-
Ofments to the Bill if brought to the..
PARACHUTE DESCENT MADE PREVIOUSLY
The new matie
made on the cord, was
EIGHTY ŠEILL MISSING.
Tokyo, To-day, Thirteen members of," the crew of the Japanese torpedo»: "bost," "Tomotsari,” which turn--time
ed turtle while et exsi heavy sea day mo
Boating
off, Sasebo Mon
The balloon reached height of nearly 11 miles, and then burstThe parachute with scien tific instruments attached, had been previously released from the balloon, and pparently des In Finland, or in Ladoga
Senata for a vote this session."v
The concensus of opinion is, however, that President Roosevelt {will^inslit on unqualified athority, despite the murmurs of his party. --United Press, per S.C. Gold Bar Cop
SOVIET PLANE OVER MANCHUKUO.
Two Flyers Detained On Forced Landing.
PROTEST TO MOSCOW