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WORLD ECONOMIC
CONFERENCE
(Continued from Page 0.1
French Sympathy for Britain.
PARIS, July 1 The French papers are not un sympathetic towards Britain and recognise that she is "between the devil and the deep at over the currency crisis.-Reuter.
U.S. SMUGGLING SENSATION
MR. JUDA EZRA ON SERIOUS CHARGE
SAN FRANCISCO, July 1. MB Juda Ezra said to be
British subject, and formerly and twin brother of Mr. Isaac Era a millionaire resident of Shanghai, prominent San Francisco property owner, is held as ne of the alleged heads of a huge narcotic smuggling ring.
Speculation in U.S. Dollars. He was arraigned before the The expectation of an acceptable
Federal Court here, yesterday. reply is not reflected on foreign journed pending the arrival from The hearing of the case was ad- exchange markets, where business China of documente pursued the usual Saturday morn-evidence.
and other ing quietness until the last hour, when sudden activity in United with a shipmeeet of G$250,000 worth Ezra was arrested in connection States dollars developed.
The consignment was concealed in of narcotics on the Asama Maru.. old drums.--Router.
This activity kept the market open for over half an hour beyond the normal closing time during which dollars were sold heavily.
Dollars is relation to sterling opened at 4.27 and later wenken ed to 4.33, but slightly firmed up to close, at 4.319.
All gold currencies, were exthe mely steady.Router.
NO STABILISATION OF U.S. DOLLAR
га
CAMPO BELLO ISLAND, July 1. It is understood that President Roosevelt considers Lemporary stabilisation
LA banking ther than a Governmental problem, and therefore cutside the imme- diate realm of the World Economic Conference.
A later cable states that Presi
HOME CRICKET
TICH FREEMAN GETS HIS HUNDREDTH WICKET
LONDON, June 30. THE cricket programme. just brought to a conclusión aver and interesting incidents. As was the week-end was full of dramatic reported in our issue of Saturday, Yorkshire lost to Sussex by ten wickets, but the rest of the mid- week matches were also not with- out their high spots.
In the Somerset-Kent runs, Tich Freeman took 7 wickets which went to the former by 24 match
for 61 runs in the first innings,and, was thus, the first bowler to reach a "bag" of 100 wickets for the
season.
still a bat to be reckoned with by Frank Woolley showed that he is scoring 108 тонз against the Somerset attack and it is perhaps safe to say that no one was more the problems of temporary cur sorry that the Somerset giant of rency stabilisation. European coun.many a gallant knock failed to get trias whose currencies are based on
the double century by so small ́a gold are reported to desire from margine. Britain a declaration on the gold standard to cover the period until the Conference Currency Commia. sion presents its report.
Such a declaration, it is believed, would hare a steadying effect.
declaration in a form to which the It is generally accepted that United States might be able to than a purely Europoan pronounce- subscribe would be of greater value ment" and the subject was discussed at private meetings of several of the delegations, with their experts. Two private meetings between delegates of five gold countries and the British Premier, Mr. Ramsay MacDonald, were held yesterday. terday evening at No. 10. Down- At the second of these beld yes
dent Roosevelt replied thus to news paper reporters when asked to commet on the reports from "high British quarters" in London: That President Roosevelt is understood to favour an agreement to preventing Street, Professor Raymond violent fluctuations in currency-Moley, special adviser to President Reuter.
Roosevelt attended. The meeting was adjourned-British Wireless Service.
ROOSEVELT'S REPLY
CAMPO BELLO ISLAND, July 1.
It is indicated that President Roosevelt regards the stabilisation issue as too complicated to be solved in a couple of days or weeks by the World Economic Conference. Meanwhile, he considers that the fluctuation of the dollar will not: prejudice domestic economy in the United States.
It is hinted as doubtful" whether the countries at present on gold caa remain there, and whether a permanent stabilisation should be attempted until all currencies. arc free to find their true levels.
It is understood that the Pro sident's views are regarded as de finitely shelving stabilisation con- troversies, as far as the United States is concerned, until the World Economic Conference has acom plished other tasks.
It may be noted that the Pre sident does not express opposition to the informal co-operation of central banks to reduce fluctus tions.-Reuter
Fluctuations to be Prevented. NEW YORK, July 1. Professor Moley has recommend. ed Professor Roosevelt to approve the gold countries' formula, accord- ing to which the Central Banks will use their resources to prevent ex treme Auctuations in world curren- cies.
It is believed that President Roosevelt will announce his appro- val to-day.-Reuter,
· GOLD COUNTRIES' RESOLUTION
LONDON, July 1.
Below are the results of the matches together with a list of the most outstanding batting howling performances:-
"and"
COUNTY CHAMPIONSHIP,
Notts (301-0 dec. and 196-9 dec.) on Gloneester (347 and 350) beat frst innings.
heat Hampshire (252 and 1924) on Worcester (327 and 243-5 dec.) first innings.
Middlesex. (237 and 203-9) heat Essex (252 and 186) by two wickets.
heat Glamorgan (143) on
Leicester (4546 dec, and 132-3) first innings. beat Kent (105 and 383) by 24 Somerset (215 and 977-8 dec.) runs).
Warwickshire (392) beat Surrey Continued at foot of nert column)
RICHMOND HORSE SHOW
THE DUKE OF YORK'S VISIT
EXCELLENT SHOW IN PERFECT
WEATHER
♫ re-
RICHMOND, June 8. To think of Richmond Royal Mark Hayton, Ilkley, with his sheep dog demonstration. Mr. Horse Show is to think of sun- champion sheep dogs, which he shine, beautiful horses, and attrae controls by whistle, gave tively gowned women. Sunshine, markable display. The sagacious in fact, has become a tradition of dogs drove the sheep through vari- the show days here, and surely never did the Old Deer Park ap- Cross," and successfully divided our obstacles, including a "Maltese pear to better advantage than to and penned them. A meet and day, when, at the height of a re-parade of the Coaching Club, in marlably fine spell of summer which a number of smartly ap weather, the fortieth show of the pointed teams took part, was an series opened. The show ground, other admired feature of the day's in its sylvan setting with patches proceedings. of colour where flowers have been introduced to brighten the ringside lawns, smart array of handsome horsee in front of the stands, is a wonderful spectacle in the brilliant sunshine. The heat of the sun was pleasantly cooled by a slight breeze. Exhibitors, however, may be per- mitted one little grumble. The con tinued dry weather has had its effect on the turf, and consequent ly the going is rather hard..
judging of hacks and harness The morning was devoted to the ponies, of which there were a num- ber of excellent classes. Exhibits which have already done well at recent shows, including the Royal Counties and Bath and West, ex- hibitions, were seen in the ring. Novice hacks of any height formed the first class. They were judged by Mr. F. Vivian Gooch, the veteran Major W. horsemab, now 83 years of age, and E. Lyon. Mias
Margaret McAlpine's bay gelding Cock Robin won the first prize. and also the challenge cup for
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The show, of which the King patron, is held under the presidency of the Earl of Athlone. The Duke of York, who is vice-patron, gave ear- The following are the generally evidence of his continued interest by gold countries in which they and spent an hour and a half watch Girl, which consequently won the terms of the resolution submitted in the event. He arrived on the novice hacks. A beautiful class of showground shortly after 11 o'clock, novice park hacke was headed by fully agreed.
Mrs. E. M. Heseltine's Quaker
novice park hacke. In the harness (231 and 128) by an innings and 23 Walter Winans Challenge Cup for
gold standard in all countries still by Mr. Romer Williams, vice pre
It is necessary to maintain the the judging. He was received adhering to the gold basis.
All countries which have left the gold standard shall return if possible, to gold.
aident, in the absence of the Earl closure in the centre of the ring Bournemouth winner Cassilis Sen- of Athlons. From a canopied en-ronies classes, Mr. W. 8. Miller's his Royal Highness looked on while sations headed a strong group of hacks and harness pories display- novice ponies of 14 hands and un: der, with Mr. Robert Black's Lord
runs).
Lancashire. (182 and 131-7) beat Derby (183 and 181) by three wickets
Sussex (378 and 17-0) beat York-
BATTING.
159
145
The stabilisation ratio and the moment for stabilising must remained their merits, and when the judges Erlegh as a good second. Mr. shire (131 and 263) by 10 wickets). the concern of each country inde- had given their decision, he came Nigel C. Calman's Nork Magnet, pendently.
forward to present the rosettes last year's first prizewinner, again Countries at present on the gold the class, winners. A class of hacks led the open class for harness standard have firmly decided to under 15 hands was judged just ponies hot exceeding 13,2 hands, Woolley (Kent), v. Somerset... 188 defend their, position at all cost.
before the Duke of York left, and and Mr. F. W. Buttle's noted win Jas. Langridge (Sussex) v. Countries with devalueised cur-
en indident which delighted his rencies approve ths firm stand Royal Highness and the spectators of honour in the harness class for Shipman (Leicester) v. Gla
ner Shalmar was, given the place Yorks en by gold countries.
took place when he presented the horses under 15 hands. first prize rosette to the rider of Lieutenant-Colonel Bir A. Weigall's bay gelding Radiant. The gelding has been hoely schooled, and his rider, on receiving the thisiscussions were adjourned a graceful bow.
rosette, caused his mount to make
It is understood that the British and American delegations have ap- proved this text, but that Press. dent Roosevelt insists on modifica section regarding
tions to the stabilisation.
was won by Mr. A. R. Fish's G. The novice harness championship
Glenavon Tradition, a leading win ner st recent shows and the novice Contre close he bent Mrs. Edgar harness champion of the Royal Counties Show at Bournemouth.
LENIN'S HEAD IN FRESCO
PROMINENT ARTIST LOSES ANOTHER COMMISSION
↓
New York. There has been sequel to the recent cancelling of the commission given to Mr. Diego Rivera the Mexican artist, after he inserted Lenin's head im his, Rockefeller Centre fresco He was Nichol (Worcester) v. Hants... 106*him to execute a mural painting. Santall (Warwick) v. Surrey... 142
now received-word from General : Duckfield (Glamorgan) v. Ini-
Motors, which had commissioned for its building at the Chicago Fair, that they have withdrawn that commission.
morgan...
cester
100
Leyland (Yorks). Sussex...... 50
*Signifies not out. /
BOWLING,
until to-day owing to the inability Princess Helena Victoria and Henriques's Fleetwood Viking. A to obtain a reply from President Princess Marie Louise are expect Roosevelt to the proposition sub-ed to visit. the show to-morrow-strong class of hacks, 16 hands and mitted by the countries concerned. Children's Day when the competi-over, contained a number of well- Nichols (Essex) v. Middle-
Roosevelt's 'Reply Awaited. tion for the Queen's Challenge Cup known horeca. Lord Fairhaven's
for the best boy or girl rider will take place. Prince George has in timated his intention of visiting the show on Saturday,
LONDON, July 1. All delegations of the World Economic Conference, including the American delegation are agreed on the common text on the gold..quee tion, which has been sent to Pre- sident Roosevelt, whose reply is awaited-Router.
MOLEY CONFERS IN
~DOWNING STÁVOZ
sex
seven-year-old chestnut gelding Manaury had a good win, with Brown (Warwickshire)
and Mrs. Philip Dunne's six-year-old chestnut mare Salley as runner up Wellard (Somerset),
Surrey Seven teams ware entered in the class for four-in-hands. Mr. Sidney
Kent This year's show has a number added another to his many successes, t
Allen showed his team of bays and Freeman (Kent) v. Somer of added attractions, and there in. The second prize was awarded to Perks
Increase in Entrieni.
(Worcester)
a gratifying increase of entries Mr. Claud F. Goddard for his Hanta from 791, last year's figure, to 881.wall-matched, team of chestnuts: Mitchell (Derby) v Lanca There are 38 gold and silver, chal-There was keen competition is a lenge and priza cups offered for jumping contest which occupied a Bibbies Lombon, July1ompetition, including the new popular hour of the afternoon, and
shira The work of the World Economic trophy-presented by the Queen. Conference is still overshadowed by
the judging of heavy and light Mayer (Wi (Continued on next Column): An innovation, which was highly horses in well-filled commercial classes cams at the end of the day.
appreciated this afternoon, was, a
Derby
rey
Mr. Rivera told interviewers that
he did not expect controversy over the Chicago, work, which was to have been merely depicting the
6 for TB beauty and utility of machinery.
6 for 70 It was to have consisted of seven plaster panels is teel frames which 8 for 35
could be removed to a permanent place when the Exposition build 7 for 59ings were dismantled.
7 Top 61
for 60
6 for an
The Advance American Art Com- mission which supports national- ism in art, says:
The Indent illustrates the ar- of bringing foreign artists to this country particularly when
for 49 American artists are as great as any foreigner, and when the reet for 57 of the world excl
Reuter
artists
American