EMPIRE DAY INCIDENT
AT MALTA
Scathing Attack At Banquet
Malta, May 25.
HONG KONG DAILY PRESS, SATURDAY, MAY 26, 1934.
DUTCH RUBBER RESTRICTION
Vote of People's Council
The
DECLINE OF STERLING
LORD HARRIS MEMORIAL
Cause Explained Impressive Ceremony
(Special to the Hong Kong Dally
Press" (Copyright.J];;
London, May 24 Uneasiness expressed by other countries about the new decline of the pound sterling is not shar-
causes for the weakness is the re- port. just issued by the Bank of International Settlements potating
An incident occurred on Empire UNEMPLOYED IN Indies Government will override ed by the city. One of the chief
Day at a banquet arranged by thei Royal Empire Society of the Over- i seas League.
Following a wildly-applauded speech, the Governor. Sir David Campbell scathingly attacked cer- Lain pro-Italian elements on the Island.
The ex-Premier, Str Ugomifsua," leader of the Nationalists, protest- ed and said: ""I drink to the health of the Empire, but I was told there would be no political speeches."
The banquet was attended by the Lieutenant-Governor, heads of the Civil Administration, and naval and military omcers.
The Governor, in, deliberate and measured words, sharply criticised the small but eloquent section of the population who reader lip service to the Empire but behind it belittle everything the British praise and everything. connected with a neighbouring friendly state.
He expressed confidence that this is repugnant to Premier ·Mussolini and his Government.-Reuter.
MISSING SAAR DOCUMENTS
Cross Accusation
|
GERMANY
Latest Figures
Berlin, May 25. Over two million more persons were re-employed in Germany during April, according to the State Labour Omice."
Londen, May 25% Financial Times" learns from Amsterdam that it is practi- cally certain that the Dutch East
the vote of the People's Council and introduce export duty and a relation of 58 estate to 42 native rubber from June.-Reuter.
The People's Council had passed a resolution by 27 votes to 28 x ing a quota for state native rub- ber on a Afty-fifty basis.
"
At Lord's
· (Special 'Air-Mall. Service)
London, May B
great services"
· As a permanent tribute to his
to
JAPAN AND NAVAL
TREATY
Fully Expected To Denounce
London, May 26,
It is understood that on the
10-
out that the amount of foreim stopped and the players, together to whether it would be advisable Cargo 'Plane Project
credits held in London is 450 mit llon pounds while the city had estimated them at not more than a hundred million. If the Basid
"
memorial to the late Lord Harris ment, communications were
cricket initiative of the British Govern TO THE CAPE IN was unveiled at Lord's yesterday.cently exchanged between the Gov- Just before half-past 5 the game ernments
48 HOURS between M.C.C. and Surrey was Powers as regards the question as arid principal Naval
with the staff at Lord's, Joined or helpful to hold preliminary the company which had assembled diplomatic talks on technical ques- for the ceremony.
tions, also the procedure" in view at the Naval Conference In 1935. sentatives of Naval Powers are at No actual meeting of the repre present contemplated The United favours talks. It is fully expected States has already intimated she, Japan will denounce the Washing denounced by one power before i nine days, ton Treaty which is terminable ir
December 31.-Reuter.
The memorial, the site of which
a tablet bearing an inscription on a wall, faced with flints from Lord is also a gateway with stone pil- Harris's estate at Belmont. There lars and wrought-iron gates facing the tablet.
The Arst Hcense during the figures are correct then approximis behind the Pavilion, consists of period of restriction in the Dutchately the same disproportion be East Indies in 1934 will last for tween credits and debts exists 95 per cent, as the quota allotted the gold standard. But as leading four months, allowing exports of now as in 1931 when the pound left International financial authorities point out there can be no parallel drawn, as the is no inducement as then for foreign depositors to withdraw credit balances, above all French credits being far smal- ler.
The number of unemployed into estate native rubber. Germany, in April, totalled about 8,000,000, representing a decline of 114,000. as compared with 'March. and a decline of 5,296,000 as.com- pared with 'March, 1933,
The Council, by 32 votes to 20, rejected the motion for export duty on native rubber and the govern- ment
The re-employment was chiefly between the manufacturing and mechanical industries, though un- employment in the mining indus try increased by 32,000.-Reuter.
KING LEOPOLD'S
INTEREST
Intervenes in Mine Dispute
(Special to the "Hong Kong Dally Press" (Copyright.))
Brussels." Maj 24. Young King Leopold II per- sonally intervened on Thursday in the dispute going on In the mining Industry since owners an- nounced that a five per cent cut in the wages was coming.
that the export duty will be re- representative announced
placed by individual restriction as soon as possible despite the in- animous opposition of native and other representatives on the Coun-
cil..
The Council also adopted restric- alon regulations.
.
M.C.C., who unveiled the memorial, Viscount Halisham, President of said that Lord Harris had been one of the greatest figures in the cricket world during the last half- century, and if W. G. Grace was outstanding as a player, Lord Harris was the greatest figure on the administrative side. He read a telegram received from A. P. F. Chapman as follows:
(Special Air-Mail Service)
London, May 8. An attempt to fly from London
aeroplane carrying a commercial to` Capetown in 48 hours in and
cargo is to be made in July. A miles an hour and a range of 2,500 monoplane with speed of 200
miles will be used. The present service of Imperial Airways takes
The attempt is being planned in THREE-POWER TALK
order to demonstrate to exparters the benents of specially fast air Washington, May 25.
transport, by which it is claimed Britain, the United States and "xamples of new lines of goods Japan are engaged in conversa- dions with a view to ascertaluing on the day following packing
can be delivered 8,000 miles away the possibility of preliminarily dis- The samples for the firms who cussing naval questions prior to the participate will be delivered at the Washington Naval Conference in intermediate stopping-places along
The real cause of the sagging of the pound is believed to be big purchases of dollars into the Ame- rican account, occasioned by the United States' plans to use silver as currency cover. Furthermore, the restoration of confidence in The Kent team playing at 1935.. the French franc has strengthen- Cardiff to-day would much appre
יו
the route. These are Khartoum
It is understood that the firstNairobi, and Johannesburg. ed all gold currencies of which theciate being associated with the overtures came from Britain and
DEPRESSION HITS weaker pound is evident, as a coun-avelling of the Lord Harris Japan.
SIENYU
Lean Banks Close
Their Doors
(From Our Own Correspondent.)
اپنے
Slenyu, May 18.
A most acute pancial situation
terpart. The belief is that there Memorial af Lord's at the same will be no intervention by the Bri- time appreciating his great work tish adjustment fand at present for English and Kent cricket.” Transocean Kuo Min.
The inscription on the tablet reads:—
EFFECT OF REPATRIATION
London, May 25. The recent decline of sterling in terms of gold currencies is not due
"Erected to the memory of George Robert Canning. Lord Harris. 1851-1832, by the M.C.C. in
Japanese officials have suggested that" à preliminary discussion on international questions relating to the Pacific will go a long way in clearing the atmosphere for the Naval Conference.-Reuter.
to any intrinsic weakness of ster-recognition of invaluable services STAMPS OF BRI-
Eng but is attributed to the im- proving financial prospects of gold bloc countries, causing repatriation from London, and France towards Switzerland.
Sterling has also depreciated in terms of the dollar which has
The step taken by King Leopold has arisen in Slenyu and the ad-"] given rise to rumours of a reflux
joining County of Putlen. A few
of American capital towards the
(Special to the "Hong Kong Daly 'Presa". (Copyright.)]
Berlin, May 24. Commenting on the excitement shown by the French Press about the alleged theft of important do- cuments belonging to the Saar, seems to have assured victory Administration coal mines in Saar- from the working man's point of years ago the Government gaye United States following - the dis- | bruecken which the French Press view. The King made a special permission to a local company to declares have been stolen by Ger-request that hegotiations be star-
issue paper money, and conduct a loan bank- man nationals, newspapers in the ted immediately between, owners
The number Loan Reich point out that inquiries and miners. thus fullimg
Banks increased rapidly, imti more the made by the German authorities promise he gave the workmen re-.
than ten were in operation in reveal that the papers are not cently when the King visited the which "most of the leading busi- missed by the mines belonging to scene of the disaster in the Patu-ness men held stock Gradually the administration "in Saarbruec- rages mine. It is assumed that silver and Bank of China notes al-
from eircula- the wage cut plan will be dropped. most disappeared -Transocean Kuo Min.
ken, but to the so-called dominal school of mining in the town of Dietrichstal and that the docu- ments were taken by three watch- men employed there, all of whom are naturalised French subjects.
This disposes of the charge that the culprits were Germans. "Not the slightest motive for such act could be rationally attributed to
DAVIS CUP TENNIS
tion.
appointing results of inflationary. schemes, but well informed quar- ter consider that the small. British. dollar purchases in an extremely narrow market in order to beneft from the low level of Wall Street is the main cause of the weakness. British control have been selling while France is paying no atten- tion to the dollar-Reuter.
SILVER MARKET
Loans were easily made and these paper notes widely circulat- ed. In this way money circulated freely. There has been a reckless- ness in spending. Local military semi-bandit chieftans and officials frequently held up these banks for (From Our Own Correspondent) "Idans." Officials of the loan banks
the German side. Up till now the Two Matches In US. often misused their priveleges and
whereabouts of the watchmen and the documents could not be as- certained, likewise the object of the theft.Transocean Kuo Min
N
Ji "
SIR FREDERICK
MAZE
To Be Entertained-
In London
London, May 25, Sir Frederick Maze Inspector General of the Chinese Maritime Customs, who is on furlough at present will be the guest of the "Grocers' Company at a banquet on May 29 and also at a dinner to be given by the China Committee
of Members of Parliament on June 14.
Wilmington, Delaware, May 24. The United States and Canada commenced their Davis Cup tennis matches to-day when two singles encounters took plače, both re- sulting in favour of America.
+
Lester Stoelen (V.B.) beat Mar- cel Rainville 6-1, 7-5, 6-1.
Frank Shields beat Walter Mar- tin 6-2, 6-3, 9-7-Reuter.
ADDITIONAL FRENCH
DEFENCES
{Special to the "Hong Kong Delty Press" (Copyright).]
used large sums in gambling ven- tures. It was inevitable that the bubble should at length come to the bursting point.
Recently the Government arrest- ed a prominent local military chief who was concerned in bandit ac- tivities as well. He was tried and executed. His activities had invol- ved one of these Loan Banks to a serious extent so that upon his ar- rest the bank failed. In the mean- time it became known that the remaining Loan Banks were in a serious condition. They were not able to cash the paper money as presented and one after another has been forced to close its doors.
Magistrate To Flee
Lonon. May 25.. London silver prices" to-day were unchanged, as follow:-
May 22 May 25 Spot
19.9/16 19.9/16 Forward
191 191 The London on New York cross- rate at 2 p.m. to-day was 5.09.5/16, compared with 5.091 at yesterday's closing.
EMPIRE DAY SURPRISE
(Special to the "Hong Kong Dally Fresa" (Copyright.J]
rendered to cricket and to the Club for a period of more than fty years. He was a great cric- cter, a great gentleman, and a wise counsellor whose enthusiasm for the game never waned."
of
Fr
U. S. BASEBALL
Seven Results
New York, May 24. The following are the results major league baseball to-day...
American League
TISH NORTH AMERICA
The plot will be Mr. T. E Chamberlain, and he will also act as the business representative of the exporters.
This is claimed to be the Arst commercial night of its kind in the world.
REICHSBANK QUOTA-“ TIONS
[Special to the *Hong Kong Dally
·Press”. (Copyright.33-
Berlin, May 24.
Reichsmark quotations (without
£1,400 For Two Cana-suarantee)=
dian Examples
New York
Parla
Amsterdam
Paris (Sterling) Paris (Dollar)
3039
595.66
... 58.01
70.96
15.1375
-Transocean. Kuo Mia
(Special Air Mail. Service)
London, May 8. Rare stamps of the British North American Colonies" "main- tained their popularity in the second day's sale of the Find col- a similar example of the 1s. The Jection. A superb mint horizontal fd, orange-vermilion, mint, with pair of the 124 Canada (1851) | large margins, made £70, and an attracted keen bidding and was exceedingly, fine unused copy of finally knocked down for the re-
the Is. in the same shade brought cord price of £1,400.
£300, A Newfoundland air mail stamp, In the New Brunswick issues the". prepared for the abortive fight to i 6d. yellow, bisected and used on Halifax, N... as recently as 1921. | letter for 3d. postage, went for In a block of four showing the £44; and a lightly cancelled, but At Louis
overprint inverted, made the next slightly thinned copy of the Is. Home run by Pepper (St. 'Louis) | highest price, £250, while 2460 was | reddish mauve for £21. ⠀
New York Chicago............
Washington
R. H. E
2 70
1 3 1
.N
512 0
6 72 3
Philadelphia · Detroit
3 8. 1 610 3
League League
R. H. E. Chicago
1 New York
.....7 12 Home run by Mancusa York):
6d.
4.4
1
St. Louis
Brooklyn
Fittsburgh
paid for an unmaculate pair of the Included in the sale were also 1s. stamp of Nova Scotia (1851) stamps of the British Possessions in the scarce cold violet colour, in Europe, among which the most used on an envelope with the notable prices were £43 for a mint yellow-green to make | copy of, the “no value” error of up the 1s. 6d. letter rate to India, | Gibraltár, and £65 for superb cor- An unused copy of the same stamp ner-block; mint and well centred, (New in the purple" shade fetched £110." | of that twentieth century rarity Among the classic early stamps the 108. Malta with Multiple CIA. of Newfoundland £140 was paid watermark. The grand total: zor for a brilliant unused "copy of the the two days sale reached appro- 44. scarlet-vermilion, and £145 for ximately £7,600
7 13 0 3101
.7 13. 0 Boston
3 11 12 Home run by Lavagetto (Pitts- burgh).
1
Cincinnati Philadelphia
510
London, May 24 Home run by P. Moore (Philadel- Businessmen arriving at Westphia). Davis pitched for Cincin minister early on Thursday mor- nail-Beater. Paris, May 24.
This has brought business to a ning, Empire Day, were surprised During discussion by the Army standstill for there is no medium to find that the fag foating over committee in Chamber on Thurs- of exchange now. For several the-London County Council head- day about a supplementary vote of years the ual silver ten
and quarters, opposite Parliament, was one and a half milliards francs for twenty cent pieces have disappear-a Fascist symbol of the British additional frontier fortifications, ed from circulation." Silver dollars flag with a hooked cross on white Deputy Fabry made a report about and Bank of China notes are only feld Instead of the customary his trip along the eastern frontiers | to be had in small amounts as Union Jack. Three members of undertaken with several other they have been graduallý · taken the British Fascist party holsted
The China Association and Cen-members of Parliament. tral Asian Society are also arrang- ing to entertain him--Reuter,
POLICE CAR PATROLS
BERLIN SHARE MARKET
(Oopyright).1
Berlin, May 24
away for the purchase of goods or the former during the night [Special to the "Hong Kong Dally Fabry advocated the construction taken up by oficials and taken out | Transocean Kuo Min: of a duplicate chain trontier forti- of this section." Now the mer- fications whereby the existing chants and people hold in their "Chinese wall" would be reinforced hands an amount estimated at The Army committee approved and over a million dollars in paper advocated to vote the funds de-money that has no purchasing manded. The estimates will now Dower.”
GOERING WELCOMED
[Special to the Hong Kong Dally
Press" (Copyright.)] =
London," May 24. go before the Financial committee.. The country people come to the An improved system of patroll- If passed, work on the new fortifi-City with their paper money and ing by police cars controlled by cations will begin in the late sum go to the Banks only to find the
Budapest May 25 wireless from Scotland Yard is to mer this year--Tranocean. Kuo doors close. This leaves them in On his way home from a tour be introduced in the Metropolitan Min.
a rioting mood and the situation in Greece, General Goering. Reichs is most threatening. Already a Aviation Minister, reached the number of homes of stock holders Hungarian capital on Thursday by have been wrecked as well as a air when he was cordially wel-
police district.p
di
The whole district, consisting of
700 square miles, has been divided
into 62 areas, in each of which
at least one car fitted with wire-
less will operate day and night.
KING'S CONGRATULA- TIONS
London, May 24 "The object of the system is to His Majesty the King has sent
is that he is making preparationé, facilitate the prevention of crime through the Governor-General, a to nee Many of the omcials and and the arrest of criminals, more message of congratulation to Miss prominent stockholders of the particularly motor thieves, house Jean Batten, young New Zealand Loan Banks have fed the country. breakers and smashi-and-grab avlatrix, on her England-Australia Many prominent shops have cloa raiders ----British: Wireless.
record fight.-British Wirelessed their dOOTS.
The profound influence exercised by the Transfer Conference nego- tlations over the trend of business | in the sharemarket was well illus trated on Thursday when a mere rumour that the conference was at last nearing the end, caused a de cided improvement in prices al- though as before the turnover re mained very small. Fixed interest securities also responded although urice changes were not miform.
| number of prominent shops con-comed In Budapest on behalf of Call Money 4 to 4. Young Loan pected with the loan companies | Premier Goemboes by the Trade | weakened 1/8 to 91.1/8, Reichsbank | The Magistrate seems to be help. Minister von Fabinyi, commazider | recovered † to 160, Dyetrusts 1/8
less in the matter and the report of the Hungarian aviation Corps lower at 133.5/6. Balzdet and a detachment of the Hun taan declined 4 to 1531, garian air force and officers. The Steel Trustz rose staff of the German Legation Mineral Oils down headed by Minister von Machen Elements Jake". sen were also in attendance 13238, Bemberg Transocean Kuo in..
beto 1143 –Transo
Be There
For the Event of the Century !
THE greatest event ever staged in Asutralia
commences in Uctober 1984, and extende into 1985 the. Victorian and Melbourne Cen tenary
Crowded days of ente
arment and” carnival nights will thrill the mitor to this millio peopled city from October through lovely sum mer months. Don't mim being there for the gala deys surrounding the vint from England. of H.E-H. The Duke of Ulongeste You'll be enchanted with
similar of the South of Frende,
“European enyi
the world will you find sure as will be crowded months. The greate
tury in the 210,000 Centaur
pageanta the air race of all times gress.
International sporting events.
Late,
Cup
MELBOURNE
CENTENARY
COMMENCING OUT. 1984, & EXTENDING INTO
DON'T MISS THE HOLIDAY
Phone or write to the nearest Travel
for interesting p