Carnation
Carnation
"From Contented Cows"
THERE'S CREAM
IN
EVERY DROP.
Sole Apenta: CONNELL BROS. CO., LTD. HONG KONG & S. CHINA.
The dollar, on demand, closed
to-day at 1/4 7-8.
FINAL EDITION,
The
China Mail
Eat. 1843...
---THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
No. 28,710
HONG KONG FRIDAY, APRIL 27, 1934.
Est. 1845.
PRICE $3.00 Per Month.
BUY YOUR SUMMER WEIGHT WHITE SLIPOVER
THIS WEEK.
LIGHT & COOL.
BERNARDS OF HARWICH
CHATER ROAD,
HONG KONG.
"BRITAIN WILL MAINTAIN ALL HER TREATY RIGHTS WITH
General Gerardo Machado,
ex-President of Cuba, who is being sought in the United States on an extradition war- rant.
MACHADO
LINDLEY'S FIRM NOTE
TO HIROTA
STRAINED SITUATION
AVERTED
LONDON PRESS
REPORTS
LONDON, TO-DAY.
THE TIMES UNDERSTANDS FROM A REPORT RECEIVED AT THE FOREIGN OFFICE FROM THE BRITISH AMBASSA-
DOR TO TOKYO, SIR FRANCIS LINDLEY, THAT SIR FRAN CIS LINDLEY HAS MADE IT QUITE CLEAR TO THE JAP- ANESE FOREIGN MINISTER, MR. KOKI HIROTA, IN HIS CONVERSATION WITH HIM ON WEDNESDAY, THAT GREAT BRITAIN WOULD MAINTAIN ALL HER RIGHTS UNDER THE TREATIES CONCLUDED WITH CHINA AND WOULD STAND BY ALL HER OBLIGATIONS UNDER THE MULTILA- TERAL TREATIES CONCERNING CHINA.
HUNTED IN The Morning Post's diplomatic correspondent states that Sir NEW YORK Francis Lindley has informed the Japanese Government that Bri- tuin fully adheres to the "Open Door" policy formulated by the Nine-Power Treaty, whereby the British Government is of the Wanted On Extradition opinion that Japanese interests in China are adequately protect. ed, and that Britain cannot recognise as legitimate any unilateral Charge.
action tending to modify or depart from the Treaty. CUBA'S EX-PRESIDENT OUTWITS DETECTIVES
New York, To-day. Hundreds of police from Ave castern States have join- ed in the search for General Machado, the ex-Cuban Pre- sident, who is wanted on an extradition charge.
General Machado, who fled during the Cuban revolution, last August, left his New York resi- dence in a taxi, six hours before! Marshal Mulligan. accompanied | by deputies and detectives, arriv ed in "utmost, recrecy" to executel the warrant.
According to advices from Tokyo, Mr. Hirota is not demurred by this statement, and the principle, therefore, as far as the British Government is concerned has no grounds to exist for carrying the matter further. Indeed official circles claim that Sir Francis Lind- ley's demarche, by clearing the air of any doubt with regard to the British attitude, has averted what might have developed into a strained situation.-Reuter.
FRENCH CIRCLES VERY RESERVED.
May Give Place To Britain And U.S.
vis a vis China.
Paris. To-day.
AMERICA'S WAITING
POLICY.
No Communication With Japan,
Washington, To-day.
REASON FOR
HOLD-UP
OF SILVER
Quaranty Trust Co. Outline Policy.
TREASURY SECRETARY'S LIST OF HOLDERS
SPECIAL TO CHINA MAIL (By Telegraph, Copyright, Telegra- | phic Meanages Ordinance, 1894. "Ro ecived April 27, 9.75 37.)
New York, To-day.
The reason why many United
was given in a statement made, States bunks are holding silver yesterday by the Quaranty Trust Company, holders of 4,000,000
ounces.
is not our policy to take an open position in silver, but merely to purchase spot silver with the. fimultaneous sale for delivery in the future, they state."
"Such prices afford us a satisfactory Intereat yield on the transaction."
They point out that such hedg-| ing is absolutely safe and sound. Silver Helders
The Treasury Secretary, Mr.. Henry Morgenthau, submitted his third and last list of silver holders, yesterday, making total of 1,000 'namės,
The last list includes Mr. Everett Saunders, 75,000 ounces; ex-Senator Joseph France 200,000 curces; Mr.) Gene Tunney, 160,000 ounces, Mr. Frank Vanderlup, Junior, 300,000 ouncea; and Mr. E, L. Cord, Auburn, Indiana, 2,251,202 ounces,
More than 10,000 people took part in an impressive demon- stration of loyalty by the town officials and working classes In Vienna recently. It will be remembered that much civil dig` turbance has taken place in Austria during the past few months. but this tremendous 'demonstration augurs well for the future. This vast crowd is seen in the square outside the Town Hall, Vienna. (S. & G.).
WORLD PANIC FORESEEN Unprecedent Crisis Threat In U.S.
CORDELL HULL'S «WARNING.
SPECIAL TO CHINA MAR (By Telegraph, Copyrigh), Telegro- phie Mennages Ordinance, 1804. "Re- crived April 27, 1008 a.mi.) ·
Washington, To-day. Appearing before the Senate Finance Committee, yesterday, Mr. Frank Vanderlup, Str., has the American Secretary of State, [been an active supporter of silver Mr. William Cordell Hull, urged legislation. Mr. Morgenthau, in a the speedy enactment of the letter, emphasised that the informa-Tariff Bill, picturing the world
FURTHER DECLINE IN DOLLAR.
Spot Silver Remains Unchanged.
Senator D. A. Reed challenged Mr. Hull, contending that the present tariff provisions were sufficiently flexible,
Mr. Hull denied Senator Reed's !contention. -- United Press. per
S. C. Gold Bar Co.
Sir Ronald Lindsay, the British (tion is necessarily incomplete, and in a state of panic and the French official circles are very
Ambassador to Washington, dis-recommended that the Senate Bank United States confronted with Marshad Mulligan was sur- reserved regarding the reported cussed the Japanese situation with ing Committee Investigate further. unexampled eocnomic crisis. prised to find a bevy of Press
Japanese statements of policy Mr. William Phillips American United. Press per S.C. Gold Bar photographers awaiting the
Under-Secretary of States, for half Co. arrest of General Machado. Finding his plans for secrecy! The exact extent of the Japan- an hour at the State Department,
yesterday evening. thwarted Marshal Mulligan ape policy and aim is not clearly It is anderstood that he com- proached the house to serve the warrant only to learn that Gen-understood, and it is believed that municated to Mr. Phillips, the au- to eral Machado hud left for the the absence of authoritative in-thentic text of Britain's note
Britain's country and would not return dications. France will hold her Japan, and explained until Sunday. — Reuter.
hand on the ground that Great It is learned from authoritative Britain and the United States sources that the United States has Jare mure directly interested. not taken any definite diplomatic action in the matter and has not Reuter.
sent any official communication to Japan or to the other signatories of the Nine Power Treaty,
There is no indication that any immediate action is contemplated.
-Reuter.
“DERELICT AREAS: IN SCOTLAND.
Government Mission Welcomed.
PLACES SEVERELY HIT BY DEPRESSION
London, To-day.
39
WAR DISABILITY PENSIONS.
The Prime Minister, Mr. Ramsay Request For Increased
MacDonald, yesterday
announced
that the Hon. Lt-Col. Sir Arthur! Rose is to be the Commissioner to investigate the "Derelict areas" in Scotland.
He, together with the
Commie-
Bioner for other districts, namely
Mr. J. C. C. Davidson, and Captain!
Allowances.
QUESTION IN COMMONS
Asked in
London, To-day. the House of Com-
position.
BRITISH POLICY
REITERATED.
Aim To Avoid Danger To Far East Peace.
London, To-day. Replying on behalf of the For- Euan Wallace and Sir Wyndham mons yesterday If, in view of the Portal yesterday discussed their more generous consideration would eign Secretary, Sir John Simon, tasks with the Chancellor of the Ex-be given to applicants for war dis-to further Parliamentary ques Rt.tions regarding Japan's policy. chequer, Mr. Neville Chamberlain, ability penalons, Major the and the Minister for Labour, Sir Hon. G. C. Tryon, Minister of Pen-the Lord Privy Seal, Captain Henry Betterton, and will begin elons, said that it would be gener-Anthony Eden, repeated the an- ally agreed that no grounds exist-swer given by Sir John Simon on their work without delay.
The Government's decision to ed for the suggestion that pen-Monday to the effect that none of the dangers to peace in the Far send special investigators to places afons had been ungenerous.
East to which the spokesman of
The local dollar continues to decline, a further drop of occurring at 11.35 a.m. to-day. No further movement had taken place up till 2.30 p.m., when the closing price stood Al 1/41/
SILVER PRICES ERRATIC
Far Eastern Accounts Buy In New York.
ANGLO-DUTCH COMMERCIAL
NEGOTIATIONS.
Memorandum Exchanged at Preliminary Conversations.
Landon, To-day.
Preliminary conversationi be-
CHINA"
GERMANY'S
FINANCIAL
SITUATION
Treaty of Versailles Blamed.
REICHSBANK PRESIDENT
BROADCASTS
+
Berlin, To-day.
On the eve of the vital transfer conference at Berlin. to-day, with Germany's long and medium term creditors, Dr. H. Schacht, President of the Reichsbank, in a broad- cast message last night blamed the Versailles Treaty for the depreciation of the dollar and the pound, for the increase in customs and im- port restrictions and the boy- cott of German goods, and for Germany's present econo- mic plight.
He declared that Germany's position to-day was such that a continuation of the present part fulfilment of her foreign obligations in foreign curren- cies was no longer possible.
The remedy could only come from raising Germany's exports and from the willing-
tween the Netherlands, and the-ness of creditors to meet Ger- United Kingdom, to define the scope of the proposed commercial negotiations, ended yesterday.
It has been definitely decided to open commercial negotiations, as soon as possible and a memoran. dum has been exchanged to Chin end.-British Wireless Service.
GAMBLING WILL CONTINUE
Regulation Not To Be Evaded.
BETTING AND LOTTERIES BILL IN LORDS
many in the matter of inter- est rate, postponement and redemption, and by various other methods.-Reuter.
ROAD SAFETY IN BRITAIN Amendment Accepted For New Bill.
SPEED LIMIT PROVISION
London, To-day,
One of the most keenly debated provisions of the new Road Traile Bill is the proposed speed limit of 30 miles per hour in bullt up
ala-
arcas.
When the measure was
Rt.
London, To-day. Lord Londonderry, Secretary cussed in the Committee of the for Air, in moving the second House of Commons, yesterday, the reading of the Government's bel Minister of Transport, the ting and lotteries bill in the Hon. Mr. Oliver Stanley, said that Amendment House of Lords yesterday even he would accept an ing said that human nature be that this speed limit should not ing what it was no Government apply between midnight and 5 could put an end to gambling o'clock in the morning on condi- and it would be foolish to at-tion that it was treated experi- Spot silver remains steady, but
over tempt it.
mentaly, and could be varied forward silver has declined 1/16, wide limits on the New York But, he continued, the regula without further legislation being closing..yesterday at 18% and 18 market yesterday, meeting renewed tion and control of gambling by required, 13/16 respectively,
liquidation on rallies, while dea clear and definite legislation He said that the accident figures The London on New York cross clines encountered scattered sup was the responsibility that notor. a 80 miles per hour limit dar- rate closed yesterday at USport. There was evidence of good Government, least of all the Naing normal hours was not present
actional Government, had the during the night. 6.18%, as compared with -U.S. (scale-buying on Far Eastern
right to evade. $5. 14 on Wednesday, while the counts.
The dollar opened on demand this morning at 1/4%.
STOCK PRICES WEAKER
New York, To-day, Silver prices fluctuated
New York on London rate closed Prices were weaker on the stock Industrials and rafle at £U.S.$5.18%, as against U. market. 8.$5.18% on Wednesday,
were down 1.49 and 50 to 103.56 and 49.32, respectively, while utiles and bonde declined
STOCK EXCHANGE CONTROL.
Bill's Passage.
Senate Urge For.
U.S.
SPECIAL, TO CHINA MAIL. D (By Talegraph, Copyright, Telegra-
das meant.neverply hit by the depression,Į. In÷Graat Britain, in spits of the the Japanese Foreign Office, drew patë» Wrhansone. Overtakuce":1695, "Es-
and, which from various causes, are recent sovere depressions which attention in his statement to the crived April #7, 10.08 a.m.) not obtaining a share in the rehad necessitated reductions in pu- Japanese Press on April 18, are to covery, has been widely welcomed by blie expenditure, no cuts, what be apprehended from any policy all Parliamentary parties, and by over had been made in the grants of the British Government, whose Trade Union Organisations-Bri-of war pensions and allowances, aim is avoiding them.. tish 'Wireless Service.
WEATHER FORECAST."
nor had the principle of their Captain Eden said that he administration been allowed to be had received no official confirma- affected, whereas, other countries tion of the Press statements re- had made considerable changes in garding the proposals by Japan Generally cloudy, with moderate the rates of their war pensions to claim Naval equality on the south-erst: winds, is the weather and in the practice of the panalons expiry of the Treaty of London
Wireless and to double her air force; forecast issued by the Royal Ob- administration-British
British Wireless Service. servatory this morning.
Bervice,
Washington, To-day, The United States Senate Committee yesterday urged the passage of the Fletcher Rayburn Stock Exchange Re guiation Bill “If progress to ward prosperity shall not be impeded by the financial col- lapsed Invariably following artificial infation of security prices" - United Press, per 8. C. Gold Bar Ca
The present law on gam- bling was in many respects nebulous and anomalous.
To reject their present pro-
45 posals would be to issue a man-
and 17 to 25.69 and 94.82, ro-date to the Government to en- The commodity index force the existing law, and that spectively.
would inflict injustice and hard- dropped: 43 to 50.81.
Business was brisk, 1,640,000 ship. ahares being traded.-Reuter,
WOMAN DRIVER FINED $10. Uses Unspecified Road With Learner's License,
The amendment was carried. British Wireless Service.
EUROPEAN HURT AT TAIKO0,"
Apprentice Falls From Steamer.
While tightening a bolt la No. 4.
The matter had not been ap proached from the view point of moral or religion, as these were hold of the steamer, “Lindenbank”, matters for individual conscience. lying alongside the Taikoo Sugar The Government was concerned only Redpery, North Point, yesterday, an Smith apprentice, Arthur Richard with social consequences.
pocidently fell, sustaining a frac tured arm, and Injuries to his spine.“ He was admitted to the Govern ment Civil Hospital yesterday and his condition is stated to be fairly satisfactory.
(Continued on Page 12).
DANGER TO SHIPPING
Miss P. Landau, of 5 Morrison- Gap Road, was fined $10 by Mr. W. It is notified by the Naval 3n-windy CM; Thomson at the Central Police telligence Department that a de-
The forthcoming wedding of ME
Court this morning for driving on rollet funk, dangerous to naviga Herbert William Basin Muskett of Ney
Stubbe Bond, a road hot specified in tion, was reported in position 245, Prince Edward: Road, Kowlooks
庙
and Miss Malala Gertrude' Martin,
her learner's license.. Miss Landau 28 degrees 11.3% North, 13 degrem No.21, Balirne, Street, Sydney, ADE pleaded guilty.
12 East on April:25.
Itzalia, le announced,