Carnation
formation
"From Contented Cows"
THERE'S CREAM
IN
EVERY DROP.
Sole Agents: CONNELL BROS. CO., LTD.
MILK HONG KONG & S. CHINA.
The dollar, on demand, closed
to-day at 1/5.8-4.
FINAL EDITION
Cour
GENTLEMEN
China Maill
Est. 1845.
No. 28,698
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
HONG KONG FRIDAY, APRIL 13, 1934.
Est. 1845
PRICE $3.00 Per Month.
OUTHTITERS
* CHATER. ROAD,
HONG KONG
BITTER STRUGGLE IMMINENT BETWEEN CONGRESS AND ROOSEVELT
PROTECTION THREE CONTENTIOUS
FROM WAR
BENEFITS
OF US. BEAGUE
MEMBERSHIP
PERILS OF ISOLATION POLICY STRESSED
STRONG APPEAL BY STIMSON.
Princeton, New Jersey.
A strong recommendation to the United States to join the League of Nations was made by Mr. Henry L. Stimson, who was Secretary of State in ex-president. Hoover's Cabinet, in the course of a speech al Princeton University yesterday. "We are the people who can most easily and most safely give sympathy and encouragement to help the world in its vital struggle to protect our common civilisation against war." he said.
་
"The League of Nations repre- sents, a deliberate, mature effort statesmen of Europe to save their
MEASURES
SILVER BILL CONFLICTS
WITH POLICY
BANKING AND FARM MORTGAGE BILLS
EXPECTED TO DRAW VETO
WASHINGTON, TO-DAY.
A BITTER STRUGGLE BETWEEN THE UNITED STATES ROOSEVELT IMMINENT.
IS PRESIDENT CONGRESS AND THREE MEASURES NOW PENDING IN CONGRESS, EACH OF WHICH IS GAINING WIDESPREAD SUPPORT IN BOTH HOUSES, THREATEN THE PRESIDENT'S PLAN TO AVOID FURTHER
CHEAPENING OF THE DOLLAR.
Firstly, the Dies Silver Bill, which directly conflicts with the Administration's policy to refrain from further steps in regard to silver until the results of the gold devaluation measure are fully gauged.
Secondly, the McLeod Bill, providing that the Government pay depositors of national banks closed since January 1, 1930, all deposits up to U.S.$2,500, involving an outlay of hundreds of mil lions sterling.
In view of the Congressional elections in Autumn the thousands of requests from depositors for support of the Bill which Congressmen are receiving, are having a pre- found effect.
Thirdly, the Frazier-Lemke Bill for re-financing farm mori- guges, which will require billions of paper money. The chances of the Bill passing, however, are considered very small especially
- Reater. in view of the inevitable Presidential veto,
Continent, and incidentally the HOUSE SUPPORT FORĮSILVER INQUIRY BY
resit of the world. from the perils- of modern war," he continued.
"Shumid we insist on our Government retiring to iso- lation and turning its back on all efforts for meace in ather portions of the world. we must face the fact that the perce machinery will be infinitely weakened.
"Mankind is periodically faced? with wars which may be as dis astrous towards us and our own civilisation as to that of the rest of the world," he said. Reuter.
BRITAIN'S FATE IN EUROPEAN WAR.
Cannot Escape Results, Says Chamberlain.
London, To-day.
It would be impossible for, Great
Britain to escape the responsibilities
MCLEOD BILL.
Full Payment Only On
Small Accounts.
TREASURY.
Pecora Investigates Speculations,
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. -Txtcyra- phic Mearngar Ordinance, 1894. No. Recrived April 13, 8.07 am)
SPECIAL TO CHINA MAIL.. efty Telegraph, Copyright, Telegra phic Menages Ordinamer, 3804. Jceived April 13, 8.02 aan.)
Washington. To-duy.. The House of Representa- tives Bunking Committee has favourably reported the McLeod Bill with amend-
ments to include all State na- tional banks but to limit 100 per cent, payment to accounts not exceeding U.S.$2,500,- United Press, per S. C. Gold Bar Co.
SPAIN RATIFIES LONDON SILVER AGREEMENT
Madrid, To-day. The Spanish Cortes has ratified
and results of another great Euro-the London Silver Agreement reach- pean war, said the former Foreigned at the World Economic Confer-| Secretary, 'the Rt. Hon. Sir Austen ence, last year.-Reuter. Chamberlain, speaking yesterday at
the National Conference of Defence
of the League of Nations, in Lon-
don.
The Conference passed a re- solution that "to
preserve peace and security, members of the League must be ready to co-operate in the defence of a member who is wrongfully
attacked,”—Reuter,
PREVENTING WAR PROFITEERING,
U.S. Investigation On Munitions.
Washington, To-day.
With a view to the ultimate en-
LOCAL DOLLAR
STEADY.
1
Silver Prices Decline.
The local dollar remains unchang- led, opening on demand this morn-
ing at 1/5.
Spot and forward silver prices de-
lined 1/16, closing prices yesterday being 20 3/16 and 20%, respectively. The London on New York cross- rate yesterday closed -U.S.$5.102 as compared with &-U.S.$5.10% on Wednesday, while the New York on London cross-rate remains unchang- ed at £-US$5.16%%
*
Washington, To-day. Senator Fletcher yesterday told the United Press that the Senate Banking Committee is ga- thering information regarding silver transactions, speculative and otherwise, for the Treasury's.
use.
Mr. Ferdinand Pecora, attorney for the Committee, has sent letters te New York brokers requesting information on sput silver poai. tions and future long and short commitments, as of January 31. 1934.-United Press, per S.C. Gold Bar Co.
MORGENTHAU RETICENT
SPECIAL TO CHINA MAIL.
(By_Telegraph, Copyright, Telegra- phie Messages Ordinance, 1884. R octved April 13, 0.18`a.m.)
Washington, To-day.
The United States Treasury Secretary, Mr. Henry Morgen- thau yesterday stated that the Administration's current sil- ver investigation Was a con- tinuation of the Inquiry which the Treasury began last month. He declined to make any further comment.
U.S. BONDS RISE TO
NEW LEVELS.
Steady Tone On Silver Market.
Celebrities visit Rome. The King and Queen of Siam, who are on a visit to Europe Dr. Doll- fuss, the Austrian Chancellor, and General Gombos, the Hungatian Prime Minister, attend a caval- ry show in Rome, with Signor Mussolini. (L to R) General Bais triocht, General Gombos, Signor Mussolini, The King and Queen of Siam the Crown Prince of Siam and Dr, Dollfuss, photographed at the Cavalry show.—(S. & G.).
SOCIALIST
TAXATION IN
AMERICA
Class Discrimination By Senate.
--NEW--MEASURE AIMED AT... LARGE INCOMES
1.
SPECIAL TO CHINA MAİL. (Dy Telegraph, Copyright, Telegra phie Meranges Ordinance, 1891, Ra. |ceived April 13, 0.36 0.7.)
Washington, To-day.
The United States Senate has adopted Senator La Follette's amendment to the Tax Bill. increasing taxation on large inheritances.
The first U.S.$40,000 is exempted after which the tax ranges from one per cent. to a maximum of 60 per cent. on estates exceeding U.S.- $10,000,000.
The tax is expected to yield U.S.$85,000,000 in re-
venue. →→
The Bill is expected to be passed shortly after which it goes to the House of Repre- sentatives,
Despite Senator Couzen's amendment, the Bill carries lower levies on small incomes
those than
at present effective, but sharply higher taxes on large incomes.
The Bill still includes a three cent tax on coconut oil, and closes the loopholes in tax avoidance.-United Press Per S. C. Gold Bar Co.
1
SLOOP IN COLLISION DURING TRIALS.
Replacing Cornflower On China Station.
London. To-day. New York. To-day.
The new aloop, H.M.S. Grims Conditions were firm at the by, which is to replace H.M.S. market, yesterday, but edatínued while undergoing trials off Ply relatively dull. Later, the market mouth, yesterday, collided with developed a steadier undertone on German tug, but was so slight small scattered support,
ly damaged, that after a survey. the trials resumed.
actment of legislation to prevent STOCK EXCHANGE SEAT SOLD opening of the New York silver Cornflower on the China Station,
war profifoering, the United States
Senate Has ordered an investigation'
of the manufacture and traffic arma and munitions.
of
FOR $140,000
SPECIAL TO CHINA MAIL (By Telegraph, Copyright, Talegro- The investigation will be conduct-phic Messages Ordinance, 1894, Ra- ed by a committee of seven,' in the ecived April 18, 8.07 a.m.) Autumn-Reuter,
New York, To-day. Arrangementa have bees com pleted to sell a sout of the New York Block Exchangs, for US.
· The wedding has been announced of Mr. Arthur Clarence Lamb Gasper; officer of the Chinese Maritime Qus. tores and Mine Dorothy Wilson West- land, whose staying with the Rev. E.. G. Powell, at No. 400; The Peak.
On the stock market, bonda cose
GERMANY'S HIGH ARMAMENT EXPENDITURE
Reply To British Inquiry Received By Sir John Simon
London, To-day. „Tke-German... Government's- TC- ply to the British 'inquiry 'regard- ei ing the increases in German naval, “ military and air estimates,
has. been received at the Foreign Of- fice and in under consideration by the Foreign Secretary, Sir John Simon, who is likely to make a statement in the House of Com monn at the earliest opportunity.
Reuter,
TEST CRICKET SELECTORS
England's Committee
Nominated.
JARDINE' RESIGNS ON HIS OWN VOLITION
London, To-day, The cricket Test match Board of Control, at its meet. ing yesterday, appointed Sir Stanley Jackson, P. A. Perrin and T. A. Higson as the Selection Committee for teams in the Test matches against Australia this Sum-
mer.
It was announced that D. R. Jardine had written in February
SHANGHAI
MAIL PLANE
STILL LOST
FLOODS IN BRITAIN
TORRENTIAL
RAINS ON NORTH
-EAST COAST
STORMS END WATER SHORTAGE.
PROPERTY AND STOCK SUFFER HEAVY DAMAGE
London, To-day.
While the House of Commons is debating the Government's Bill to remedy the shortage of water in Great Britain generally, floods, not experienced for many months, are
ccurring on the north-east coast, following heavy storms accom panied by torrential rains.
Considerable damage has been done to property and stock in parts of Northumberland. Large areas of north Yorkshire are sub- merged.
Rain has fallen almost. inces-
aantly for three days in the east
of Scotland.
Extensive floods
Dozen Planes In The Airare occurring for, the first time
in 18 months."
To-day On Search.
THIRD SIKORSKY BROUGHT
· BACK BY · BOATE
Shanghai, To-day.
The rise of the River Dee has, flooded low-lying parts of Aberdeen while the river. side districts ́at StonehaveN are two feet under water, the River Carrom having overflowed for the first time within memory.
The bright, clear weather this
raised the fast A blizzard is still raging in the morning has diminishing hope for the discovery Ballater district, and the rivers of the whereabouts of the missing are rising rapidly.
A six-hours' deluge has also Shanghai-Canton Sikorsky flying flooded many acres in County boat plane owned by the China Antrim, Ireland. National Airways Corporation,
Reuter,
which left Shanghai early on Tues- WATER SUPPLY BILL day morning and which has not [been seen since.
Approximately a dozen planes from various aviation companies, and the C.NA.C., hopped off this morning for an all-day search.
Commande Frank Hawks, the noted American speed fler, who is on a visit to Shanghai, is also scouting in a giant Condor bomb ping plane
Meanwhile, the C.N.A.C. Shanghai-Canton service has been temporarily suspended owing to the fact that the third of the Company's three Sikorsky planes, which was forced down yesterday, fa out of commission, and is return- ing to Shanghal by boat, The four occupants
DEBATE.
Emergency Measures Essential.
London, To-day, The Minister of Health, Sir E. Hilton. Young, in moving the second reading of the Water Supplies Bill in the House of Commons last evening, said that during the year ended March the rainfall had been 27 per cent, be How average.
If normal rainfall were at once {resumed, and continued steadily, the continued it would not obviate the need for a Bill which was de
of signed to mitigate the effects were drought by making available for last without any previous com- brought back this morning by a the public use all water supplies, munication from the M.C.C. on plane which was sent out for that including those privately owned. the subject, saying that he would purpose. not be available to play in Test matches this season, British of the Sikorsky planes crashed at the end of the year, and was con-
Sefshon Island. Hangehow Bayleerned wholly with the Wiraless Service.
last November, while the second
jemergency, he concluded.--British Reuter, is will missing.
Wireless Service.
C. F. Walters, the Worcestershire akipper and England's opening bats-l man with Sutcliffe, has been aug- gested as Jardine's successor, but the' claims of B. II. Valentine, the Kent captain, are equally stron".
(Continued on' Page 9)
BRITISH AMBASSADOR TO PARIS RETIRING
French Cabinet Gives Farewell
Luncheon To Land Tyrrell ·
London, To-day. The French Premier, M. Gaston Doumergue, and members of the French Gabinet yesterday gave a luncheon at the Quai D'Orsay, in 'honour of Lord
the retir
20 to a now high 1988-34 level of The collision occurred In Ply. 94.66, while utilitics were up 30 to mouth Sound during a squall. lng British Ambe Paris, 26.16. Industrials and rails de The bow of the tug was damag. clined 38 aud 32 to 104.80 and od, Tamm Heuter. 49.96 respectively. The commodi- $140,000 which is US $42,400ty index was down 45 to 63.35, above thé, previons transaction Business was average, 1,380,000
labares being traded.
United Prem, per B.C, GoldBar
Co,
The wedding of Mr, Helmut Heme mann, 6, 88, Malian Road and Nian Charito Campos-Valdivis of No. 11 Hankow Road, has been announced,
The legislation' proposed was a It will be remembered that one temporary measure terminating at
BRITAIN'S NEW AIR
SERVICE.
London, Liverpool And Belfast Linked.
London, To-day.
The Air Minister, Lord London- derry, yesterday made a personal
present
BRITISH CONSUL'S WIFE WOUNDED.
Tribesmen's Attack On Kashgar Recalled.
London, To-day.
It has now transpired that
trial of the newly opened air pan Mrs. Thomson Glover, wife of senger Bervice between London, the British Consul-General 'al Liverpool, and Belfast,
Kashgar, was shot in the Jung
Ho was accompanied by his 13-during the attack on the Consul- Wire ate on February 14, when fierce year-old daughter-British less Service..
fighting took place in the city be tween invading Andijania, Khir, gis, and Tungan dibesmen.
* WEATHER REPORT
All the Cabinet ministère were
and others included M Berauger, President of the Ben- ate Foreign Afairs Committee, and M. Bastida, Praildent of the Chamber of Deputies Feraithe Royal Observatory this morn
fairs Committee British Joan Servies,
Cloudy weather, with drizzle or mist, and fresh north-east, winds was the weather forecast issued by
ing.
Four other members of the Consulate staff, including the Andalant⠀⠀⠀ Surgeon, were wounded.' All five of the casualties are recovering. Reuter..