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STOCK EXCHANGE

3

LEGISLATION

Walter Lippmann Urges

That Bill Not Be Passed

New York, April 6,

The Opposition are developing" a Stock Exchange Control Bill.

Mr. Samuel Untermeyer told the Banking Currency Committee that he agreed with Whitney and others of the Opposition on the marginal requirements of the Bill which is best left to the flexible hands "of the Federal Reserve. Board.

urged

Mr. Walter Lippmann that the Bill not be passed this session, "adding that any threat of Government control by legislation will act as an Incentive to the stock exchanges who will volun- tarily make the needed reforms.

The "Financial Times" states that there is a growing opinion in New York that there must not be any Stock Exchange legislation this session.---Reuter..

1'

NOISY DEMONSTRATIONS.. Paris, April 6. Noisy demonstration by Postal and Telegraph employees occurred early this afternoon in front of the Ministry of Posts and Tele-

JJ

U. S. LABOUR RESTLESS

Another Threat Of Strike

Washington, April 5. Labour trouble is again threaten- ing to break out in the motor manufacturing industry, owing to the failure of,, negotiations sub- sequent to President Roosevelt's intervention to achieve results sa- tisfactory to the workers.

HONG KONG DAILY PRESS, SATURDAY, APRIL 7, 1934.

SERIOUS DESERT STATE OFFICIALS AUSTRIA'S NEW

REVOLT

PROTEST

Against King Saudi Against Salary Cuts

Jerusalem, Aprii 6.

Reliable reports from Hedjaz in dicate that a number of important tribes are, engineering a serious desert revolt against King Saudi off Arabia. At the present time he is heavily involved with Iman Yemen,

(Special to "Hong Kong

Daily Press") - (B Telegraph, Copyright, "Talo

Ordinance, graphic, Messages" Bereivel, April 6, 7.30 p.m.)

F

1394.

CONSTITUTION

To Come In Force Next Month

(Special to "Hong Kong Daily Press") (By Talegraph, Copyright, Teis- graphic Massagna Ordinanes, 1801 Received, April 6, 730 paw).

WHAT WILL GERMANY BE ALLOWED?

France And Britain's Questions On Disarmament

Paris. April 6, N Council ministers were unanimous in their approval of the Note in reply to Britain's question re- garding disarmament and the guarantees that France requires as a condition of her adhesion to the new Arms Convention.

she learns what troops and arma-

Paris, April 5. Disgruntled state officials con Last moment efforts at con- tinue organising protest demon.

Vienna, April 8. ciliation by Moslem' leaders instrations to express their dissali-

According to a statement pub- Jerusalem were hitherto delayed sfaction at the salary cuta recent. lished by Minister Ender Von by the declaration of war between. Ly decreed by the Doumergue Gov. Vorarlberg Blatt, Austria's Ibn Saud and Yemen.---Reuter. ernment. Over a hundred workers Constitution will come into force The Note says that France wil in the Paris mint struck work en on May 1 next. The present Par- defer the reply on the question Thursday for half an hour, as-lament, which formerly consist-about guarantees execution untli sembled in the courtyard, Rild

ed of 165 members but now has voiced their discontent by violent only 89, will be convened to vote speeches by several of their num-for the Government the necessary bers, An independent federation planary power for making changes of officials of syndicates drew up in the old Constitution. Para a written protest threatening the ment itself, however, will have no Right of the Government with all hand in remodelling the Constitu- means at their disposal-Trans-tion.

May 1, will be observed in fu- ture as "Constitution"- Day" in Austria-Transocean Kuo Min. "

LOCUST PEST

IN AFRICA

'Planes To Distribute Poison Dust

London, April 5.

A large-scale attack by clouds of poison dust distributed from an

focust storms which cause an-

Ocean Kuo Miri,

Officials" Warned

1.

Paris: April 6. The effervescence of feeling among those of the French Civil Service, because of retrenchment

General Hugh Johnson is striv. aeroplane is to be made upon the measures recently decreed by Gov- ing to avert a breakdown and hai hually. £1,500,000 damage in tropierament, has reached

sent his chief Labour Assistant, Mr. O'Grady, to Detroit to deal with the situation.

becoming restive at the "delay ex-

It appears that the workers are graphs, protesting against the re-perienced by the special Labour

duction of salaries. The demon- strations shouted abuse against the Government and singing the International. This is the first "time since its formation that the National Government has been subjected to a hostile demonstra- tion. Police did not intervene as the demonstrators did not resort t to violence.-Reuter.

U.S. TREASURY OFFER

To Meet Maturing Loan

Washington, April 5, Mr. Morgenthau has invited bids for US.8100,000,000 of Treasu BUIs dated April 11, the date when securities to that amount misture.

Half the issue will be ninety-one day bills maturing on July 11, and the rest 182-day bills, maturing on October 10,

The Bills will be sold to the highest bidders and offers will be received by Federal Reserve Banks until 2pm. E,S.T.- on April“ 9.-- Reuter.

V:

CUBA TO BUY SILVER

With Loan Authorised By U.S.

Washington, April 5.

The Reconstruction Finance Corporation has authorised a loan

Board formed by President Roose-

velt in effecting a settlement of the

disputed issues.

Mr. O'Grady hopes to be in De- troit in time to attend meetings of the workers to be held on Fri- day to discuss what steps are to be taken.-Reuter.

titudo.

Transocean Kuo Min.

"FASCIST ITALY **

such seri-

Rome, April 6. Mussolini gave an audience to ous proportions that the Doumer- cal and sub-tropical Africa.

This new method was evolved gue Cabinet feit obliged to issue the German authoress Diel who by Mr. H. H. King, who, two years on Friday a direct proclamation to presented II Duce with a copy of the officials warning them of the her newest book "Das Fascistische ago, when Government Entomo- logist to the Anglo-Egyptian Sudan, necessity for a more reasonable at- Italian" that is "Fascist Italy." discovered by iaboratory tests that adult locusts fell speedy victims to a spray of finely-ground sodium arsenite, He conceived the idea that swarms might be successfully countered by discharging a cloud of this poisonous dust from an aeroplane flying across the line of (From Our Special Correspondent) their fight. His suggestion was taken up by the Locust Control Committee of the Economić: Ad-. visory Council and funds were pro-

SILVER MARKET

AMERICAN "PLOT" vided by the Colonial Development as follows:-

INVESTIGATION

Fund.

London, April 6. London silver prices to-day were

April 6 April 4 20 .. 20 READY FOR TRIAL.

Forward ..... 20.11/16 20.1/16 Technical advice and assistance

The London on New York cross- on the

many problems involved were obtained from the Royal rate at the closing to-day was

Spot

Prof. W. Wirt To Give Aircraft establishment at Farm-$5.154.

Evidence

Washington, Apr. 5. Professor William Wirt has been summoned to testify on Tuesday before a Congressional investiga

JAPANESE GOLD

· Tokyo, April 8. ⠀ Under the Gold Purchase Act, from to-morrow, the government will purchase gold mined in the Јарацете Empire at eleven yen nine sen per momme-Reuter.

MOTOR INDUSTRY SITUATION.

borough, the Imperial Institute of

Washington, April 8. The motor industry situation eased Entomology, and the Chemical De-

with the announcement by the fence Research Department of the War once. All that is now re- This proclamation was published Federal Automobile Labour Board quired is a practical fuli-scale trial on Friday In all, sections of the of a settlement of strikes affecting This is to be undertaken by Mr. Press and declares that the Gov-nearly five thousand workers in King Northern Rhodesia, where an ernment has been forced to reduce the Nash Motor Company plant aeroplane chartered from the Im-the salaries of pensioned officers and the Seaman Body Company, tion Committee regarding his sen-perial Airways; and atted with posing off a deficit means of dis- Wisconsin.-Reuter. sational, allegation tha; members special apparatus, and a consign posing of a deficit in State finance of the Brains, Trust are plotting ment of finely-powdered sodium revolution in the United States arsenite await his arrival,

Reuter,

Locusts are abundant in this territory and it is hoped that Mr. King, during his fights next month, will be able to collect suf- ficient data for the Locust Con- trol Committee to judge of the ef- ficacy and practicability of the scheme. If successful, details of the method will be made avail-

U.S. GOLD IMPORTS

There is no change in the amount of gold stock earmarked for for eign account.-Reuter.

have been exhausted. There now remains only, a choice between ac- ceptance of the Government re- trenchment programme. or state bankruptcy with indiation.

tinues unabated and a demonstra- Excitement among officials con- tion protest meeting has been con- vened for Saturday,

An incident took place in front of the Chief Telegraph Office In

'PLANE TOWS GLIDER

Successful Crossing Of Channel

ments Britain considers would he allowed to Germany and what the British Government opines, the military strength of France should

be-Reuter.

INVASION OF PAN HUNG

Chinese Consul To Investigate

(From Our Special Correspondent)

Canton. April 6.

WORLD SLUMP IN SHIPPING

May Be Discussed At A Conference

London, April 5.

The Danish Netherlands, Nor- wegian and Swedish Governments, through their respective Ministers in London, huve recently made re- presentations to the British Gov- ernment regarding the present precarious state of the shipping industry.

They have expressed the view that this is chiefly due to the shrinkage of world trade, the over- production of ships in past years, and the uneconomic competition of subsidised vessels, and they have declared their willingness to co- operate with the British Govern- ment in any attempt to find re- medies against the evils from which the shipping industry suffers." The Chinese Consul General at

II British Government should Rangoon Mr. Esu Jul Chin; is in-

convene a meeting for this pur- structed by the Nanking Ministry of Foreign Affairs to proceed to

pose; the four Governments have Pan Hung in Yunnan to investi- declared themselyes willing to send gate into the alleged trespass of delegates to such a maritime con- a British mining expedition into ference, having for its object, to that area for the purpose of ex-discuss the abolition or limitation of subsidies and the restoration of ploiting silver and jade. accord-" ing to an official report received equilibrium in the shipping trade by adjusting supply to demand, to here.

Yunnanese residents in Canton discuss measures that may be sub- recently petitioned to the South-mited to the conference which west authorities to look into the would help to combat the depres- matter, because they declare that slon, and having for its ultimate aim the restoration of this impor- Pan Hung is within the juridic- tion of Yunnan and that the in-tant international Industry to its cursion of the mining expedition, former conditions of sound econd- if substantiated, cannot be coun-mic competition-British Wireless, tenanced. This matter, it is un- derstood, is referred to Mr. Kan Chleh Hou. Inspector General of Foreign Affairs here.

The Ministry of Foreign Affairs is in receipt of information that the alleged trespass by members .of.the Burma Mining, Company was aimed at securing the silver

THE "LIVING BUDDHA"

deposits in Pan Kung. It is sald On Visit To Canton

that Pan Hung is also rich in green 'jades. These precious stores drew world-wide attention" for their beauty following their ex- hibition at the Chicago Fair,

World

1 ||

(From Our Special Correspondent)

Canton, April &

In an interview with the Press, that New York, April 5.

Mr. Kan Chieh Hou stated

His Holiness Naonar Hutukatu," The Federal Reserve Bank of

into Pan five incursions London, April 5.

Hung "Living Buddha" of Sikong, will New York issues a statement show-able in all territories where Jocusts

Miss Joan Meakin, the young were made by foreigners from pay a professional visit to Canton ing imports of $4,039,100 in gold

crossed the Burma apparently on some min- on coming Sunday and bestow are a menace to agriculture,

Paris, when Post Office employees London airwoman, from England and India and no

ENORMOUS"AREA," **

gathered shouting "Down with the Channel to-day in a glider towed ing enterprise. He said that the blessings on the Buddhist follow-

dellberers in this city. exports"

Committe, "of the

During the last five years, a Goverment," In view of these by an aeroplane. She left Ostend trespasses might not be

Economic Ad- development, an extraordinary Ca- early this afternoon and made a ately made, because Pan Hung is The "Living Buddha" and his visory Council, financed partly by binet session has been convened for safe landing at Lympne, after-located close to the Yunnan-Bup- entourage will arrive here by the

Is ma frontier, which not well the Empire Wartime Board, the Saturday to consider what mea-wards proceeding to Heston. British Colonies and Dependences sures must be taken to deal with Before alighting, she made a marked.. affected, and the Anglo-Egyptian the situation-Transocean Kuo series of beautiful loops over the Mr. Kan added that to prevent Sudan, has been making a survey | Min.

aerodrome.-British Wireless. future disputes between China and Burma, the boundary line between Yunnan and Burma must be pro- perly demarcated, and that he has made such suggestion to the Nan- king Ministry of Foreign Affairs.

of 86,000,000 to the new export and THE POPE AND

Import bank for Cuba to enable

it to finance the purchase of 88,- 000,000 worth of silver, which will

be resold to the Cuban Govern- ment,

The silver will be minted and issued as currency by the Cuban Government. Reuter.

E14's £30,000 BOUNTY"

(Special Air-Mail Service)

London, March 20. Rear-Admiral Boyle's exploit in sinking the Turkish transport Guj Djemal, with 4,000 troops on board. to prompte a naval friend to re- mind the writer of the sequel.

In 1919 Capt. Boyle and the 'ebip's company of the E 14 were awarded £30,000 bounty-£5 per head for the 6.000 Turks by decision of the Privy Council.

This reversed the decision of the Prize Court in 1917, which main- tained that the normal prize- raoney applied only to the crew of the transport and not to the troops in her. reckoning came to only £375,

NAZIS

Promise To Defend German Youth

J

Vatican City, April 6.

A pronouncement in the italian newspaper, "Osservatore Romano" shows that the relations between the Vatican and Germany are as strained as ever.

The Journal denies that the

Vatican has agreed to the dissolu-

of the breeding grounds and migratory habits of Locusts,

"

The swarms range over an en- ormous area,

Hitherto, atacks have been con- ducted on locusts" in their lärval or hopper state, but these are in- effective, where locusts inhabit thick bush country. Thus great importance attaches to this wholly sound method of combating them. -British Wireless,

TWO BIG FIRES IN ENGLAND

A London Factory And A Country Seat

(Special to "Hong Kong Daily Press") (By Telegraph, Copyright, Telegraphic Merrugge Received, April 6, 7.30 p.m.).

London, April 6.

Ordinance, 189

One of the greatest fires ever ITALIAN-TURKISH

a

WAR INVALIDS

Rome, April 5.

seen in London broxe our The French Ambassador in the factory in the North East of Lon- clon" of the German Catholic Cen-presence of the French war in- don when a block of buildings was tre Party.

valids who are now visiting Rome devoured by names the reflection Addressing 300 Germán Catholic remitted a number of decorations in the sky being visible all over youths, yesterday, His Holiness the to the Chief of the Italian Asso- London Fire brigades had utmost Pope alluded to the sufferings of clation of Mutilated and War In difficulty in holding the fire in many Catholic youths, which revalids and to the Chief of the called the faith of the martyrs, Association of ex-Service men and His Holiness promised to do his war volunteers Transocean, Kuo ulmost to defend them.-Reuter.

Min.

The award on that FOREIGN MEDICAL PRACTITIONERS

The Prize Court maintained" that it was unfair that £30,000 should be paid for the sinking of a trans- port and only £3,000 for the sink- ing of the Blücher.

1.

Under the Naval Prize Act of 1801 £5 "heid: money" is allotted for every person on board a dea troyed enemy armed vessel at the beginning of the engagement

IN CHINA

Must Be Registered In Right Quarters

Nanking, April 6. The National Health Adminis- tration has issued a notice em- law requires foreigners who desire

The Hupeh Provincial Govern-phasising the fact that Chinese

to practise medicine in any part of China must obtain a licence from the Administration as well

rent has received urgent wirea from the Kienli Magistrate re- questing assistance in the way of doctors, nurses and medicines to- gether with money, to be despatch-as a registration paper from local

ed immediately to the district, about one hundred miles from Bankow. The messages Intimated that a sudden outbreak of virulent cerebro spinal meningitis has oc- curred and within a week over one hundred deaths were reported and there is every possibility of this dread disease spreading to the neighbouring district.

authorities.

NEW AIRPORT AT

LIVERPOOL

London, April 5.

check. The explosion of several gas cylinders-n-houses within a short radius of the flames brought. semi-naked householders terror- striken from their beds on to the crowded streets. The police, sey- eral hundred in number, had difficult task in order to keep cur- Lous sightseers at a distance.- Transocean Kuo Min.

“CORNWALLIS" IN FLAMES London, April 8. One of England's stateliest castle homes, Cornwallis, owned by the celebrated British polo player, Captain Charles Tremayne went up in flames on Thursday night. FOR

Tremayne and his wife, besides many guests rescued themselves with great difficulty, while a friend' of the family, Mrs. Bwinton, wife of the Commandant of the Scott- ish Guard, woke to find herself The Prime Minister and Lord shut in on all aides by flames. She The Administration declares that | Londonderry, Air Minister, will to was only reached at the last mo- morrow fy to Liverpool to attend, ment by a daring: group of fire- licences will be issued to foreign-

upon presentation of their the opening there of a new air men ers proper diplomas and their licences point... to practice in their own countries, the latter must be certified and guaranteed by a consular repte- sentative of the applicants.-Rei

ter.

Among the family treasures de- After the ceremony, they will at-stroyed are several Rembrandte, tend a civic luncheon and the two Murrillos, one painting by Prime Minister will fly back to Canaletto, one by Claude Lorrain, London in the afternoon-British also great quantities of antique and sliver. Transocean Kuo Min, Wireless

RELATIONS

Permanent Trade Treaty

(Special to "Hong Kong

Dally "Press"},

(By Talegraph, Copyright, Tais graphic Messages Ordinance, 189 Received, April 6, 7-50 pan.), m Rome, April 6, The Italian-Turkish permanent trade treaty aigned on April 4 at Ankora is to replace the provision- al agreement of August 3. The new treaty comes into forde on April 3 and is based on the most- principle but favoured-nation nevertheless, maintains restricted quotas fox certain specified goods, supplemented by agreements re- gulating international payments between these two countries and provides for the establishment of clearing house. Transocean Kuo Min

H.-A. AND N.-G.-L. LINES SHOW LOSS

Berlin, April: 6... The Hamburg-Amerika and the North-German Lloyd lines show a loss of 14ks.2,300,000 each for the Anancial year just ended, com- pared with a loss of Ms. 13,000,000 each last year.Reuter,

#

DUCA'S ASSASSINS

morning express, from Hongkong- and will be welcomed at the sta-.. tions by monks, nuns, and other Buddhist followers. All who wish to see the great master will have to bring with them a plece of silk red cloth of eight feet long present to Naonar Hutukatu,

It is reported that General Chen Tsai Tong, Commander-in- Chief of the First Group Army, will ask the Living Buddha to give a mass prayer to those officers. and men who lost their lives in the battle against the Commun- ists in Southern Klangal Such

Sentenced To Penal prayers are regarded as great

Servitude

comfort and relief to the souls of the dead warriors.

!

After his arrival here, His Holi- Bucharest, April 8, ness will meet his many admirers The trial of the Afty-three men at the People's Educational In who are charged with being con- stitute. People who desire to cerned with the assassination of learn more about Budárism will M. Duca, the ex-Prime Minister, consult this saint from Bikong at: ended when the Court Martial sentenced the three principal ac- cused. Constantinesco, Caranics and Belimace to life penal servi- tude, the others being acquitted.-

Reuter.

prescribed fee. His professional visit at Hongkong was a box- office" success, and in view of the big Buddhist community in Can ton, His Holiness will meet with further triumph here,

GANDHI PLEDGES SUPPORT

For Revival Of Swaraj Party

ART EXHIBITION IN CANTON

New Delhi, April 6., in reference to a responsible gov- Gandhi has approved of the de-ernment centre and provincial au- cision of Congress leaders to con-tonomy-Reuter. test the forthcoming elections In the Legislative Assembly, thus re- viving the Swaraj Party. For this purpose Gandhi has undertaken to render the Party all assistance in his power. Biria, a prominent Congress supporter, opined that the new Party should organise a strong body opinion against the White Paper, leaving the British Government's communal award interest in arts, the authorities of alone. On the other hand Pandit the Provincial Mass Education Tp Malaviyh states that fiindus will stitute are planning to hold a never tolerate the communal practical arts exhibition in which award as it stands, and suggests architectural drawings and the he an all-Farty depution to wait on will be displayed. The time of the Viceroy and urge, the British opening will be within this month, Government to honour its pledges 15 18 learned-Central Press

Canton, April 8. In order to arouse the people

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