HONG KONG DAILY PRESS, THUR
JUNE 29 1933
RETURN TO GOLD
STANDARD
DESIRED BY PRESIDENT OF B.L.S.
(THROUGH REUTER'S AGENCY.}
WORLD'S SUGAR HERR BURESCH IN CANTON-SWATOW POSITION IN SENSATIONAL ENDING TO
TRADE
SUGGESTIONS TO WORLD ECONOMIC CONFERENCE
THROUGH REUTER'S AGENCI}
London, June 28, London, June 28,
The International Sugar Coun- With the exception of the eil has gent a letter to the World monetary sub-committees, two of Economic Conference suggesting which considered a resultion from the conclusion of a convention the second spb-committee as re-in accordance with a draft closely gards the use of gold and the following the Cuban proposals: percentage of cover, all com which propose that 110 new mittees sat privately."
factories 'be constructed for 10 years, no new subsidies or bonn- ties be granted and no increase in sugar tariffs which would ruise the existing import duties above seventy per cent, ad valorem.
Mr. Fraser, president of the Bank of International Settle ments said the committee was
animated with a desire to ex- pedite a return to the gold stan- dard as an international monetary standard.
MATSUDAIRA'S VIEW.
It appears that Mr. Matsudaira at the Economic Sub-Commission feared a general lowering of tariffs by a collective agreement would lend to injustice. Reduc- tion might be easy for a country with high tariffs but not those with moderate tariffs.
沾
COMMITTEES TO SUBMIT PROPOSALS
[REUTER AND BRITISH WIRELESS.]
LONDON, June 27.
As President of the Monetary and Economic Conference, Mr. Ramsay MacDonald has conveded a meeting of the Bureau of the
Conference for t"-morrow at which
report will be made of the do- velopments to date and considers tion will be given to co-ordinating and expediting the great mses of work in commited.
Much work was to-day done by the various committees, mostly in private.
The Council emphasises the importance of such a "convention being enforced as soon as possible in order that the present situa- tion may not be made worse by the introduction of such measUTES,
UNABLE TO CO-OPERATÉ.
Sir Cunliffe Lister at the World Conference Economic Sub-Com- mission declared that Britain was unable to liecome a party to the Cuban sugar plan but offered to co-operate by other weans to realise the aim of the plan.
The Cuban spokesman regretted that the British attitude had killed the plan and declared that if it was impossible to get even
&
coun-
LONDON
TELEPHONE
SEEKING LOAN FOR AUSTRIA
READY FOR OPERATION
ON AUGUST 1
"[THROUGH «ALUTER'S AGENCY.]
Canton, June 28. It was learned to-day that long distance telephone between Cari-
London, June 28. The Austrian Finance Ministon and Swatow will be ready for ter, Herr Buresch, and the service beginning from August 1. Minister for the Interior, Herr Receiving and transmitting at Schumy, reached London, to paratus at the two ends will have day, seeking a loan.
been installed by the end of this week.
Herr Buresch when interviewed by Reuter was sanguine of the results.
NORTH CHINA
SIMON QUESTIONED "IN COMMONS
(THROUGH REUTER'S AGENOV]
London, June 28. Invited to state the present position in Northern Chine, Sir John Simon, in the House of Commons, was unable to say whether"
the withdrawal of Japanese Forces to the Great This project is being under-Wall had been completed as Man- taken by the provincial depart-chukuo Forces still occupied the He said the mission anticipated ment of reconstruction, which is neutral zone. The terms of the obtaining ค hundred million also preparing to inaugurate aarinistice had been communicated schillings from Britain and the trunk call service between Can-to the League by the Chinese same sim from France, thirty ton and Macao và Shantek, Delegation at Geneva and he million from Italy, eighty million Chungshan and Teishan districts.advised his questioner, Mr. Man
der, not to assume that the terms from Switzerland, five million-Affiliated Erdan.
were not being loyally observed: from Belgium and three million from Holland, the proceeds of which are to be devoted to strengthening the Austrian ex- change.
WIMBLEDON TENNIS CHAMPIONSHIPS
SATOH BEATS LYSAGHT (THROUGH XEVIER'S AGENCY')"
WIMBLEDON, June 29. In the third round of the Men's Singles:-
Hughes beät Aoki 6-2, 6-1, 6-0, Satoh beat Lysaght, Oxford University, 4-6, 6-3, 6-0, 6-2. ·
WOMEN'S SINGLES
3rd ROUND.
In the third round: Helen were Jacobs beat Miss Saunders 6-1,
6-3..
truce in the sugar pro-
eleven duction of the tries, whose views he shared, they would feel they wasting their time at the Confer- encë. Nevertheless, he agreed there was a greater. chance of UNEXPECTED THRILLS The examination of questions re- agreement in a small sub-com-
{THROUGH REUTER'S AGENCY) lating to the circulation of mone-mittee which thereupon was forn- tary gold and the minimum legal
LONDON, June 28. It includes the principal ed. cover for central banks was to-day
After an, uneventful Brst day. sensational surprises
pro- completed by the appropriate sub. sugar producing countries, also committee of the financial commis- China, Japan and the Nether-vided to the large, fashionable arowd which attended Wimbledon' sion. This body has submitted the
lands. following recommendations:-
in glorious weather yesterday.
Following F. J. Perry's elimina tion by the South African, Norma Farquharson, the Japanese cham pion, R. Nunoi, was defeated after a long and graelling match with the young American, L J. Stoeffen Unexpected thrills occurred when the four favourites for the title, Ellsworth Vines, Jack Crawford, Henri Cochet and Bunny Austin, were all forced to four sets.
Gold.
"That under modern conditions, monetary gold is required not for internal circulation but as a r serve against central bank liabili ties and primarily to meet external demands for payments caused by some disequilibrium on foreign ne count. It is consequently undesir- able to put gold cains or gold cer- tificates into internal circulation. That in order to improve the work- ing of the future gold standard, a greater elasticity should be given to the central bank's legal cover provisions."
Trade Control,
A comprehensive report drafted by the economic sub-commission ad- vocates the goordination of pro- duction and the marketing of im- portant commodities of which sur pluses exist
of
NAZI PARTY IN FULL CONTROL
NATIONALISTS NOW DISBANDED
(THROUGH REUTER'S AGENCY]
BERLIN, June 28, ALTHOUGH the resignation of
Herr Hugenberg, leader of the Nationalists and German Minister of Economics, is not yet officially accepted, it is regarded as certain that it will be.
The scheme, says the report, must command the essent substantial majority of producers and aim at securing the willing | Party is co-operation of importing coua,
tries.
PROFESSOR MOLEY ARRIVES
I
(THROUGH RECTER'S ¿QEKUT.]
LONDON, June 23. Professor Raymond Molay, the American economic expert, Presid ent Roosevelt's closest adviser, ar rived in London at one o'clock this
morning.
DISARMAMENT PARLEYS
LONDON CONVERSATIONS
POSTPONED
BRITISH WIRELESS SERVICE)
RUGBY, June 27.
IN ISSUING & denial of the re-
port that the projected con versations in London regarding the disarmament conference has been abandoned, Mr Baldwin said it was imposible to initiate them owing to pressure of other business during, the opening stages of the economic conference.
The United States Government were convinced that such converan tions were essential to the good progress of the work of disarma. ent conference and they believed that this conviction was shared by
were
Mra. Helen Wills-Moody made a typical debut by reeling off twelva straight games to enter the Second Round of the Women's Champion ship.
PERRY BEATEN
THROUGH REUTER'S AGENCY.)
Norman Farquharson played amazing tennis against Fred Perry. the British No. 1 ranking player and one of the seeded eight.
Meanwhile it is announced that henceforth all ex-members of the
He served powerfully and drove Nationalist Front, as the National-
now called, will be on both hands with tremendous equally recognised as fellow com- punch. He always sought an op. batants of National Germany and portunity to advance to the net in will be protected from insult and the first two ecle and there he valleyed magnificently, showing -un- discrimination.
canny anticipation.
The suppression follows the re- newed demand for an all-Nazi Government made by Herr Esaar, the Bavarian Minister, on Friday when he invited the Bavarisa Peoples' Party and the German National Party to commit hari-kart unless they preferred the same fate as the Bocialiste.
..
Wholesale arrests of National Party officials were made during the week.
Perry led throughout the third and fourth eats when he began suc ceasfully to force the pace, thus keeping his dangerous volleying op- ponent from the net.
however,
The South African, aged a good recovery in the final ast when he again attacked from the net, intercepting Perry's fastest returns. As the result of magni- ficent play Farquharson took a 3- love lead, but Perry, faced with All Nationalist political-prisoners defeat, rallied well to level the will be released immediately and scores at all,-
The South African then went to Nationalist deputies in the Reich- stag and Prussian Diet will identi-5-3 as the result of a thrilling burat ty themselves with the Nazi Parlis of overhead kill. He, however threw away two match pointa mentary groups.
Herr Hugenberg tendered his re- through foot faulting and Perry signation last week, but President crept up to 5-4.. Perry then failed von Hindenburg declined to accept in his service and Farquharson led it. His resignation, the Nazis 28- Bert, will not affect the position of the Cabinet itself."
Y
Herr Hugenberg, who headed the German delegation to the World Economic Conference, was recalled last week.
WOMEN'S RIGHT OF NATIONALITY
[BRITISH WIRELESS SERVICE.
RUGBY, June 27.
40-love.
The South African had then thres match pointe. Perry saved the Arst, and then Farquharson sent over a terrific forehand drivs which be followed to the net. Perry re- turned it with a lab for the South.
African to finish off the match with a grand Hill which left Perry sprawling.
The following were the results!
MEN'S SINGLES. (SECOND ROUND)
Clifford Butter (U.S.A.) bent Christian Boussus (France) 64, 108, 84, 02
Gention (France) beat De Kehrl ing (Hungar) 57, 62, 66,61, the President of the conference and A BILL to allow British women
7-8.7 marrying foreigners freedom. Menzel (Omohe Blovakia) best the great majority of the delega tion. They trusted that in spite to retain their nationality was in-
LC. Gregory (Britain)0, 63, of the regrettable delay it might traduced under the ten-minute rule 84,5 be possible shortly to arrange for into the House of Commons to-day exchanges of views to take place. and read a first time.
(l'ontinued on next Column)
FOREIGN MEDICAL
PRACTITIONERS
MUST OBTAIN LICENSE FROM NANKING
CANTOR, June 28. Foreign medical doctors in Can- ton and other places in Kwangtung are required to obtain their license from the Ministry of Interiör in Nanking before they are permitted to practise their profession, accord. ing to an official notification of the provincial department of affairs
civil
to
THE TANGKU ARMISTICE
NO PROVISION FOR NEUTRAL ZONE
(THROUGH REUTER'S AGENCY)
PEIPING, June 27. A CHINESE communique issued. this evening contained a signi- ficant statement by a spokesman of the Peiping branch of the Mill- This ruling applies also foreign hospitals in Kwangtung tay Council, in which, after deny- province and elsewhere. The noti- the recent Rengo report complain. ing as being absolutely unfounded fcation says that foreign doctors ing of the alleged Chinese breach are subjected to the same regula of the truce, adds: The Tangku tions sa Chinese practitioners,
"While there regulations have Armistice agreciment does not de establish⠀⠀ any 40-called been in existence for four years"finitely the ruling stater, there are still neutral zone, nor was any stipula- tion made for the permanent pro- some foreign doctors who have not hibiting of Chinese troops from yet applied for their sense. Those being quartered in the area eva- must do eo immediately. "Afilias-cuated by the Japanese,"
who have not secured their license
ed Press.
ANTI-RED CAMPAIGN
FURTHER SUCCESS IN THE SOUTH
CANTON, June 287 With the subjugation of Reds in Chumtu, southern Kiangsi, their remnant forces have cleared out of surrounding districta for fear of being pursued by government for
ces. Several small townk were cap tured by the Cantonese troops ful lowing a battle in which thirty Reds were killed and several scl- diers were injured.
Chumtu is about 50 miles south-
JAPANESE TROOPS
IN PEIPING /
REPLACEMENT OF THE GUARD
RYDER CUP CONTEST
EASTERBROOK REGAINS TROPHY FOR BRITAIN ON LAST GREEN
Mitchell Beats Dutra By Nine And Eight
(THROUGH REUTER'S AGENCY]
London, "June 27, There, was a dramatic finish in the Ryder Cup contest at Southport to-day. With one pair still to come in, Britain and America were all square.'
The result depended entirely upon the Easterbrook Shute match. At the end of the seventeenth hole on the second round, these two players were all square.
The Ryder Cup contest was therefore decided on the very last hole played, when Easterbrook holed out in five against six, to give Britain victory-by six and a half matches to five and a half.
The results of the singles matches to-day follow:
CONTESTANTS SHARE SINGLES
MATCHES
Abe Mitchell (Britain) beat Dutra (America) by nine und eight.
Craig Wood (America) best W.
H. Davies (Britain) by four and three.
Tense Excitement,
The two countries were on level" terms and Easterbrook and Shute were all square going to the thirty- sixth hole. There was tense exciter
ment, us...
players placed their both Gene Sarazen (America) beatives well down the middle, The
A. H. Padgham (Britain) by six and four. Walter Hagen (America), beat A. J. Lacey (Britain) by two and one.
British player's second shot was te the back of the green, while Shuts was bunkered. Both players were short with their mashie shots and missed shortish putts..
Arthur Havers (Britain) beat
Shute missed his second putt and Leo Diegel (America) by Easterbrook holed & four-footer for four and three.
i
Percy Alliss (Britain) beat a 3 and the match amid cheers from
the gallery of 15,000 spectators.. Runyan (America) by two and one.
FOURSOMES
W. Horton, Smith (America) best Claude Whitcombe
(Britain). by two and one. 8. Easterbrook (Britain) beat Shute (America) by one bole.
{THROUGH REUTER'S AGENCY)
PEIFING,June 28.
Britain and America, therefore, FOUR hundred Japanese troops tain on their way to Japan, their Britain having won
this morning entrained for Tien-share the singles matches four each, the four term of duty as the Legation Guard having expired.
sommes by two and a half to one and a half.
Replacements arrived here some time ago from Japan and there are now about four hundred Japanese troops in Paiping.
TERRITORY
east of Huichang, while further up RECOVERY OF LOST in about equal distance is Juicbin, the headquarters of the so-called Soviet Socialist Republic of China handled by a handful of mercenary Reds. ***
The Cantonese troops are prepir- ing to attack firat Huizhang and then Juichin-Central Preas.
SILVER MARKET
(From Our Own Correspondent.)
ARE THE
LONDON, June 18. FOLLOWING
BILVER "QUOTATIONS ON TEZ LONDON
MÄRKET, TO-DAY:
June 28 June 27 SPOT
16.15/16 19.1/16 FORWARD...... 19,1/10 10.3/16
Keith Gledhill (USA) beat Adrian Quist (Australia) ke-3,8-7,
6-7,
CHARHAR OFFICERS ISSUE
CIRCULAR TELEGRAM ́»
CANTON, June 28. High military officers in Charhar province have issued a circular tele gram pledging the recovery of lost territories For the time being, they will first drive out the Japan- eso invaders from northern Char- har and then recover other invaded territories.
Shortly after the receipt of the telegram here, Koo Yuen in north- ern Charlar was recaptured from the Japanese "Manchokuo" troopa, According to Press dispatches from the north, General Feng Yu Hsiang- ie determined to recapture Dolo nor from the. Japanese Manchu kuo forces.
Forty-six northern generals have circulated a telegram opposing the Tangku armistice, the signatories including Generala Chiang Tsak Huen, Wan Fu Lán, Ho Cha Kuo, Jack Crawford (Australia) best Ya Hauch Chung and Feng Chan Hai. They declare that the Blue. Martin Legear 6-3, 6-3, 6-0, 61,
Vivian McGrath (Australia) beat Shirts militarists in Nanking and Sibs. (Czecho Slovakia) 7-5, 6-3, the Japanese imperialists have all- 370, 75 med against the best interests of the LJ. Stoeffen (U.S.A) beat R. country as indicated in the Tangku Nunoi (Japan) 972-8, 9-7, 1-6, truce which they strongly condemn.
Central Press, Henri Cochet (France) beat C. R D. Tuckey (Britain) 4-6, 6-2;
1, 6-4.
642.
HG N Lee (Britain) beat THAT $50,000,000 Fisher (Switzerland) 6-6, 63, 63,
Bunny Austin (Britain) beat! Jacques Brugnon (France) 6-2, 3-6,
7-5, 6-4.
Ellsworth Vines (U.S.A. and holder) beat England (Britain) 6-8,. 63, 83, 63
Moki (Japan) beat Morris (Britain) 61, 63, 62.
N. Farquharson (S. Africa) beat Fred Perry (Britain) 7-5, 6-1 18
STRONG OPPOSITION AT CANTON
CANTON, June 28. Latest opposition against the American loan is voiced by the Kuomintang quarters of the Can ten-Bamahur Railway. The tele gram points out that the amount of the loan is equivalent WOMEN'S SINGLES FIRST 200,000,000 Chinese currency.
ROUND
Mrs Wille Moody (U.B.A.) beat Mrs. Macready (Britain) 60 60
ta
China has no use of such an enormous quantity of wheat and cotton, it said, while there will be considerable filoulty in repaying this amount.Central Prem.
The Prince of Wales attended the contest this afternoon and watched all the matches in turn, afterwards presenting the cup to the British captain,
The following were the results of the foursomes played on Monday:
Percy Alliss and Charles Whit combe (Britain) halved with Gene Sacazen and Walter Hagen (U.S.A.)..
Abe Michell and Arthur Havers (Britain) beat Olin Dutra and Densmore Shute (U.S.A.) 3 and 2.
WH Davies, and Syd. Easter-
brook (Britain) beat Craig Wood and Walter Runyan, (U.S.A.) 1 up.-
Dudley..
Tommy Burke (USA) beat Alfred Padgha and Alfred Perry (Britain) 1 up.
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