NEW ADVERTISEMENTS
HONG KONG FOOTBALL ASSOCIATION.
AN Extraordinary General Meet ing will be held in the Sports Club (by kind permission), on Thursday, 15th March, at 5.30 p.m.
G. T. MAY,
8th March, 1994.
Hon. Secretary.
[2944
THE HONGKONG AND
WHAMPOA DOCK CO., LTD.
TOTICE IS HEREBY GIVEN That the Ordinary Yearly Meet- ing of Shareholders will be held in the Office of the Company, Queen's Building, Hong Kong, on Monday, 26th March, 1934, at NOON, for considera- tion of the Directors' Report and Statement of Accounts for the year ending 31st December, 1933. 2015,
The Share Register and Transfer Books will be closed from the 10th to 28th March, 1934, both days inclusive. By Order of the Board of Directors,
E. "COCK,
Chief Manager.
Hong Kong, 9th March, 1934.
OFFICIAL NOTICE.
[2343
PROPOSAL TO CHANGE A SHIPS NAME.
I SAU TẠI PG of Eour Kore
he eby give notice that in cease- quence of a change of ownership, I have applied to the Board of Trade, under Section 47 of the Merchant Shipping Act. 1894 in respect of the ship Evening Star of Hong Kong, Oficiál number 123.76 of gross tonnage 107.85 tons, register trinage 50.65 tons bereto- fare owned by "Star Ferry Gempany, Limited of Victoria in the Colony of Hong Kong for the permission to changu ber name to "Man Hing" sud to have her registered in the new name at the Port of Hong Kong as owned by The Hongkong & Yaonati Ferry Compazz, Limited.
And objections to le proposed change of name must be sent to the Registrar of Shipping at Hong Konz within seven days from the appearance of this advertisement.
3
Dated at Hong Kong, this 8th day of March, 1934,
(Sigpel) LAU TAK PO.-
[294
THE HONGKONG ELECTRIC CO., LTD.
NOTICE
NOTICE IS HEREBY GIVEN that, the FORTY.FIFTH OR- DINARY YEARLY MESTING" will be held at the Company's Offices, P. & Q Building, on Wednesday, 14th March, 1934, at 11 a.m., for the purpose
HONG KONG DAILY PRESS,
Dewar's
"White
Label"
WHISKY
Sole Agents:
AWARDED
NE APPOINTMENT TO MAN MALEITI IRE BINE
Prise Thai
White Label FINEST SCOTCH WHISK
OF CREAT AGE.
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DISTILLERS
PERTE
A. S. WATSON & CO., LTD.
EST. 1842.
Editorial and Business Office: 11
Ice House Street. Tel. 30251
Night Editor (Wanchai Office)
Tel. 24811. "London Office: 53, Fleet Street.
E.C. 4
that the economile world stands in need of Stability in the relations of economic groups is the superior Will that be served requirement. by this tentative approach to goid-dollar stability?
That depends upon how gold is managed. The gold standard, according to Mr. W. W. Aldrich,
PAS, the head of the Chase National
The Daily Press,
Hoyo Koyo, March 2, 1934.
THE GOLD. ACT
It has been recognized in
Bank, is a fair-weather standard." When times are good nobody bothers about the gold "behind. the currency.
When times are difficult, there is a universal: de- mand for gold, which makes confusion more confounded and recovery more difficult. As money is turned into gold, it is withdrawn
of presenting the Report of the Dir. "Washington that the Government from the economic system and
FRIDAY, MARCH 9, 1934.
NEW PLANES IN CANTON
Bombers And Pursuers
Cable News In Brief
[Special to the "Hong Kong' Daily Press" (Copyright).]
BELGIAN PREMIER'S SPEECH
Paris, March 7. The Belgian Premier, de Brocque- villes's forcible. speech before the Charger in which he favoured L(From Our Special Correspondent) | Germany's claim to equality of armaments, is received here with marked illusion. Most papers take
1.
Canton, Mar. 8.
The newly bought bombing and pursui: planes from the Curtiss States are manoeuvring every morning in the skies in accordance with the latest aerial tactics.
This morning the pursuit planes practised air duelling with their
machine guns, and the bombers dropped bombs on designated ob- jectives 3,000 feet below.
The manoeuvre was deemed satisfac- tory by the American instructors who teach the Chinese officers the
art of aerial warfare.
the unusual point of view that Sa- turday's speech in no way reflects the public opinion in Belgium. It is thought, however, that Foreign Minister Barthou's forthcoming visit to Brussels which was an nounced on Wednesday is largely prompted by the desire to prevent,
'ments. Omcial quotations vill
NEWS SUMMARY
Lee Wai Tong, the well-known Chiness football star, gave an inter- view to a Dally Prass representative- yesterday. Page 10,
There was a good attendance of exclusively be axed by oxchange the K.R.A. held yesterday. Several members at the Annual Meeting of
brokers without participation of the stock-exchange boards. · In fu- ture brokers will be allowed tran- sactions on such markets only, to which they are admitted. ocean Kuo Min.
points of interest to Kowloon resid- enta were brought up. Page......7
Given away by His Excellency the Governor (Sir William' Peel, Trans.C.MG, K.B.B.), Miss B. L. May became the bride of Lieut. J.C. Rich- ardson at a fashionable wedding at tended by a distinguished gathering of guests at St John's Cathedral yea terday afternoon
Page 7 Our London Air Mail Letter ap- pears on Page
BIOGRAPHY OF HITLER
„Berlin, March 7.
A
A newly published hand-book of the Reichs-Parliament, besides the customary statistical reports, also contains the biographies of all Reichstag-deputies. The blography
of Hitler, who for the second time is a member of the Reichstag, merely comprises seven lines. It
Our Swntow correspondent writes
un interesting letter which is pub- lished on Page 11.1
Home Football news will be found
LOCAL AND GENERAL
One case of small por was reported for the 24 hours ended in March 7.
if possible, Belgium's change of front in the disarmament question. M. Barthou will proceed to Brussels
un Page 10. next week on what the official says:
"Adolf Hitler, Reichschan- A bronze tablet and' an alter book communique officially terms "a cellor, Berlin-Electoral
district were dedicated to the late Mr. Wal-' purely friendly visit to the Belgian Upper Bavaria,Born in Brannau ter Leslie Pattenden at St. John's Foreign Minister Hymans." It was learned that to strengthen The Petit Parisien reiterates Attended
on Inn April 20th, 1889.-Catholle. Cathedral on Sunday morning.
at the clemenvary | Page 11. the local air force, General Chen France's obstinate attitude with re-school, high school (Oberrealachu- Taal. Tong, the Commander-in-gard to disarmament. It states le).-To render studies possible has Chief of the First Group Army, will that the French reply to the last been working as & inason,Was send several high officers of the British note will be ready for de- soldier from 1914-1920.-At pre- Canton Air Force to visit Europe livery at the end of this week and
sent German Reichs-Chancellor."---- and America to study the manu-" will leave the door wide open for
The hand-book Further sets facture of airplanes with a view further negotiations. The paper forth that out of total of 681 de- to purchasing machinery to turn adds, however, that there are some puties 371 received their mandates out such machines in Canton " points which are not open for fur-
for the first time on November These officers will also make a
ther discussion since, they constit- 12th. More than half, viz 312, are study of the organisation, train-
ute fundamental points for real between 30 and 40 years of age, ing and equipment of the air force, disarmament. The points are:
Besides another 54 deputies are 1. No Increase in German,arm- in European countries' particularly
below 30 years. This shows a re- arance and Italy: They will in-
aments, accompauled by a reduc-markable rejuvenescence of the spect the Caproni aircraft works tion of French means of detence German Reichstag. Transocsan in Italy which is famous for their which would doubly aggravate the Kuo Min. bombing planes. The Caproni situation. bomber can carry 5,000 pounds of ombs and two machine guns and can fly eight hours without refuel- ing.
"
Military authorities here re-
cognise that in modern warfare fighting machines are indispens- able for · scouting, `bombing and pursuing purposes. Canton has two airdromes, and the number of airplanes is increasing every month.
4.
2. No semi-milltary organisation
In addition to the regular army.
3.
The introduction of generat} «
CAMPS DISSOLVED
Berlin, March 7.
The forthcoming wedding is an- nouneed of William Charles Excell of the Hongkong
and Kowloon Wharf and Godown Company and Miss Elsie Jane Andrews of 16 Bo- wen Road,
The 14th Annual Meeting of the Chinese Y.W.0.A. 38c. Bonham Road will be held on Saturday, 16 a March 10, at 9.30 p.m. Án members
and practical control of effectives On account of the political ata-and their friends are cordially in- as well as arms manufactüre. bilisation and being without invited.
4. Guarantees for the introduc-mates the concentration camps at and Sonnenburg have tions-Transocean Kuo Min. tion of a system for collective sanc-been dissolved-Transocean Kro
1
Isenburg
Ming.
GERMAN-POLISH PACT
both
Mr. R. Gordon, of Messrs. Jardine Matheson and Company, accompan ied by Mrs. Gordon were among the passengers who left the Colony on the s. Asama Maru yesterday for Shanghai,
BANK OF ACCEPTANCE
Berlin," March 7. The German bank"of acceptance
Warsaw, March 7. which was founded with a capital of On Wednesday forenoon the A Dramatic Entertainment with Commercial aviation. is also be 200,000 marks in July, 1931 as the Polish Foreign Ministen Beck and three abort plays will be given at ing undertake in real earnest. last ranipart against the destruc- the German Minister Von Moltke the Helena May Institute on Thurs- The Stinson four-passenger plane ive forces of German credit crisis signed an agreement putting an day 15th, March at 5.30 pm. Those is now on a trial trip to Nanning resolved, at a meeting of its board end to the German-Polish trade wishing to have tes must reserve arid Lungchow. It will fly as far of directors here on Wednesday. to war, and laying the foundation tables from Matron 24160. as Kwelyang and then return to prepare the structure of organisa- for normal healthy commercial After this trial, two Stinson planes complets the liquidation. No new countries. Wuchow en route to Hainan Island., tion to allow as early as possible to relationships → between
A number of people are believed to have been drowned when a'Chin- will maluutain regular service from business will be accepted and cur-
The new treaty bears a sort of ese customs cruiser ran into a junk Canton to various towns
in the rent contracts are to be gradually protocol to be ratified as soon as in Chinese waters, near Hong Kong South-western provinces.
transferred to other institutions. possible but in any case. comes yesterday. The bodies of two wo- On July 1, the German Govern- Into., operation on the fifteenth of men, believed to be mother and ment will make use of the option this month.-Transocean Kuo Min. daughter, have been recovered, granted in the bank constitution and begin to take over the 50 per cent, capital originally invested bý foreign inancial institutions. Transocean Kuo Min,
"
REBUKE FOR NANKING
Over Manchukuo Issues
(From Our Special Correspondent)
GERMAN SHARE MARKET
Berlin, March 7.
HERE GOEBBELS' BOOK
Berlin, March 7. The Propaganda Minister; Herr Goebbels has just put the Anis- hing touches on the new book entitled "From Party Headquarters to Reich Chancellery." The book
CANTON DAY
BY DAY
No uniform tendency showed it which will come out shortly, cop- (From Our Special Correspondent) self on Wednesday on the share-tains a record and critical com- market because, although there ment of the events which took
Canton, Mar. 8. were many causes tended to stimu- place in Germany between January
Another Chinese bank closed its alte business, the buying public 1, 1932 and May 1, 1933, and held back.
marked
doors to-day as a result of the a declalve phases in the
financial instability in Canton for Reports from Leipzig Fair state National-Scoialist ascent to power.
past three months. Known as the that the business done exceeds all-Transocean Kuo Min.
South China Bank, it was one of expectations while a review of the
the most respectable and reliable electrotechnical market given by
HOME FOR UNEMPLOYED
financial houses in Canton.. Carl Frietrich von Slemers at the
Leipzig, March '7. annual meeting of Siemenshaiske, At the ceremonial conclusion day Creditors are asked to file their concern, confirmed the brighter honouring Richard Wagner here, claims from to-day for a period of March to 14th March, 1984; both days it must leave the role of financns the dollar and gold, the yellow! throne. It was pointed out that outlook. But increased volume of Mayor Laake announced the pur-fifteen days, and the receiver will
manufacturing activity will neces- chase by Coty of a stretch of waste see to it what inclusive, during which period on business to private agencies. The metal is unobtainable to individuals by Mr. Wang Ching Wel, President / Sarlly absorb all idle money with-land on the north east coast on
ectors together with a Statement of Accounts to 31st December 1933 and electing Directors and Auditors.
The Register of Members of the Company will be closed from 3r!
Transfer of Shares can be registered.
By Order of the Board of Directors. GIBB, LIVINGSTON & CO., LTD.,
Agents.
.1
Hong Kong, 21st February, 1934.
THE HONGKONG FIRE
INSURANCE COMPANY
LIMITED.
[2287
NOTICE TO SHAREHOLDERS.
cannot forever fill with public | funds the void created by invest- ment timidity. Sometime or other
gold act just signed by President Roosevelt is one move in that direction. His further action in
deflation is intensified. President Roosevelt has already taken care of part of this difficulty. Even under the new fixed price between
for use as money. If expectations in Washington are borne out, the metal will no longer be a kind of Axing the value specifically at 69.06 dugout for frightened capital,
per cent. of the former gold con- tent adds definiteness to the pledge against printing-press inflation and encourages private money holders to return to irivestment habits. A gold basis for the currency is to money holders a kind of currency anchor. If the currency is nct tethered. It is at the whim of
Canton, Mar. 8. Kuomintang veterans here to- day reproved the Nanking author- ities for failure so far to take any action against the accession of Henry Pul Vi to the Manchukuo Nanking, except for an interview of the Executive Yuan, made no formal protest against the corona-
tion.
This led the local civilian leaders
drawing it from investment-mar- ket.
Fixed interest securities were fir- mer all round, particularly gold mortgage bonds and industrials de-
bentures. Call Money 4 1/8 to 5/8, Young Loan unchanged at 93.
composition the creditors will get. The itabil- which jobless Leipzig workers wility of the Bank is sald to be be helped to settle and build about 82,000,000 and most of the
depositors are middle class people." The South China Bank is affected by the, closing of the Ka Nam Bank
homes.
The settlement will be named
to believe that the Tangku arm- Money holders will be
istice really contained recognition con- by China of the de facts existence Reichsbank weakened 1/8 to 166 troopers to lose his life.Trans- strained to trust the currency of the Manchukuʊ. Among other
or transfer their possessions things, it was alleged here that the 3/8, Dyetrusts unchanged at 134 abroad, and gold will become a
Tangku armistice required China 3/8, German Steel Trusts rose to stop the boycot movement in to, 44 7/8, German Mineral Oils government monopoly, being, used return for Japan's assistance to unchanged at 110, Blemenshalske to balance international accounts. General Chlang Kal Shek to advanced to 151 and Allgemeine
That
be one Would
suppress the opposing provincial Electrische Gesellschaft Improved form of
to 32-Transocean Kuo Min. forces. management which might make THE
HE Sixty-fifth Ordinary General policy, and policy can become so the gold standard workable. Re-
Meeting of Shareholders will be held at the Ofices of the undersigned profligate of paper dollars as to covery is thus served side by side on TUESDAY, the 27TH MARCH, reduce the currency to worthless-with reform in both the gold act 1934, at NOON, for the purpose of receiving the Report of the General
Mr. J. M. Keynes has said and its implications. Managers, together with a statement that the gold standard is a means
Dess.
Limbach" after Heinrich Limbach, 1 Leipzig citizen, the first of all
ocean Kuo Min.
J
While the provincial and munt- cipal banknotes are discounted from eight to eleven per cent,, the Kwangtung. Provincial Bank an- nounced that its notes of ten- dollar denomination will be re- deemed before the end of the month.
Foreign trade in Canton is much affected by the banknote depre-“ clation. Although Treasury off- cials stated that the crisis will be over soon, no system has yet'been devised to stablize this paper cur- rency apart from a proposed loan
for a reliable security before the the Hongkong bank 19 bargaining
amount will be advanced,
A GRAND OLD MAN
Prague, March 7. Czecho-slovakia's grand old man,
the President Masaryk was
ze cipient of many congratulatory Mr. Chow Lu, spokesman of the
messages from all parts of the outh-West Political Council, stated
CURRENCY PARLEY'
world on Wednesday on the occa- to-day that the South-west ad-
Paris, March 7.
sion of his 84th birthday. hered to its opposillon to the an
The financial experts from nihilation of the forces of General U.S.A., England, France, Germany, in his capacity as doyen of the The German Minister, Dr. Koch Sun Tien Ying. Numerous charges, Italy, Japan, Belgium, the Nether-Diplomatic Corps was received in he said, were hurled against Gen lands, Sweden, and Switzerland special audience to present con- Within the 50-cent to Bo-centeral Sim, but the real reason was met, here on Wednesday at the gratulations on behalf of the Far from Hongkong.. It appears that of Accounts for the year ended the for "strapping down ministers of limits the President retains the that he took part in resistance of invitation of the International elga Diplomatic Representatives 31st December, 1933.
finance. He means that it takes right to make further changes in Japanese aggression at Charhar Chamber of Commerce to discuss Transocean Kuo Min. The Share Register and Transfer
the gold content.
Concerning the retrocession of the currency situation. Books will be closed from, the 13th away from them the temptation t link between the dollar and gold was ridiculous
Kupelkow, Mr. Chów said that it
ocean Kuo Min. to the 27th March 1934, both days meet their deficits with paper
for the Nanking! inclusive.
authorities to take it back with a money-they must not weaken the is much more than a move toward
fitting ceremony. This was in JARDINE, MATHESON & Co., La, anchor by building up dispropor-stable money. It is a move toward
compliance with a "Japanese re- General Managers,
international money. Gold is basic
quest that China retake her own THE HONGKONG FIRE INSURANCE
money to many nations. Even territory, in a ceremonial way Mr. Bence the faith of money holders those who are now of gold have Chow added, and this showed that in gold. If an economic system stated that ultimately they will Nanking is very much afraid of 12334 to be based upon private enterprise, return to it. Thus, as a financial
Japan.
then that faith must be respected nexus which tles together the in policy. Policy, however, has economic systems of all countries which relate their currencies to it, bigher alms than merely to make gold will again, become a link money holders confident. It is between nations.
Co., LTD. Hong Kong, 8th March, 1934.
8
THE PEAK CLUB.
"TO SEE OURSELVES
*
A Comedy by E M. DELAFIELD
WILL be produced at the Club
W
on Wednesday and Thura- the 28th, and 29th of March at. day, 9.30 p.m.:
Tickets $2.00 each may be obtained from the No. 1 Boy at the Club.
Half Proceeds will be donated to e Funds of the Hong Kong Benevolent Bociety,
[2929
tionate currency claims upon it."
This flexible
directed at the speeding of re- In the gold reserve act the covery. But it is also directed at United States has essayed the first
step back to that common relation
the development of reform. Gold ship among the nations. To that
CANTON-HANKOW
Boxer Indemnity Loan
Nanking, March 8. An ometal-of the Sino-British is preeminently -a subject for extent the air is cleared. Other Indemnity Committee states that. There are arguments pro off-gold countries are given some the Committee is intending to reform. and con against the identification notion of the future standing of loan, to the Ministry of Railways, the American dollar with respect £1,500,000 for the completion of te gold. The President cannot, the Canton-Hankow Kidway, at therefore, be accused of standing six pét cente in the way of a fresh attempt to capture the world equilibrium
of a currency with gold. The con arguments deserve a respectful hearing. Stablity of the dollar in relation to gold is not the only,
of even the most desirablë, stability
which the Economic Conference of last July falled to achieve.
The issue price has not been decided, but the Ministry are mug gesting eighty-six. The Committee hoped to make it higher-Reuter,
si
Trans-
́LONELY BAND OF TAXIS
Leningrad, March 7.
HITLER'S FLIGHT
Berlin, Mar. 7. The return flight of Reichschan- cellor Hitler from Leipzig, after A total of forty automobile laying the foundation, stone. for taxicabs in the entire metropolis the Richard Wagner monument, here, according to the most recent was accomplished in 29 minutes municipal statistics, is striking a only, this being a new record for testimony of slowness, with which this line. The regular schedulo the national mechanization is provides for 55 minutes--Trans- affecting traffic conditions in the ocean Kuo Min, former capital city of the Czara.
Since fifteen of the lonely band of taxis laid up for repairs, a number of up to date public vehicles are cruising in vast laby- rinth streets hère, on an average of 'one to each of the 70,000 inhabitants. - Transocean Min.
Kuo
POLAND AND GERMANY
Trade Pact Signed
Warsaw, Mar. 8.
The Customs authorities in Swà- tow are instructed by the South- west Folitical Council not to levy, s60 Mex, on each ton of crude oil as fixed by the Nanking Ministry. of Finance but to collect `only 85% Mex.. a too. This reduction was passed by the South-west Political Council and bas been enforced here.
Chinese all companies in Swatow which depend on crude oil for re-. fining it into kerosene complained to the South-west Political Coun- cll. hese that the, Customs author, itles there did not adhere to the order of the Council The reduc tion is made in the interest of Chinese oil renning companies,
Mr. Lin Yun. Kaj," Chairman of A trade agreement with Germany the Kwangtung Provincial Govern- LAW FOR BROKERS
has been signed, ending the ment, will return here to-morrow: Berlin, March 7,
economic conflict started in 1925") from an Inspection trip-of The Reichs-Government announ- The agreement stipulates the re- Eastern Kwangtung. He is also the ced a new law, which henceforth moval of all discriminatory mea-concurrent Provincial Commission- and comes into force or er of Reconstruction, who is res- gives exchange brokers cfficial sures functions. They will be nominated March 15 for a definite period. ponsible for the many industrial and sworn in by the State-Govern-Reuter.
projects in this province.