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Printed and Published for the Proprietors by FREDERICK PERCY FRANKLIN, at 1 and 8. Wyndham Street, in the City of Victoria Hongkong.

HONGKONG TELEGRAPH. FRIDAY, MARCH 7. 1930.

SHANGHAI SHARE WELCOME FALL IN AN AMAZING TRICK

IMBROGLIO.

POLICE COURT CASE WITHDRAWN.

· SEQUEL TO ATTACK ON MR. GENSBURGER.

EVIDENCE RULED OUT.

Shanghai, Mar. 2.

BANK RATE.

THE LOWEST DECLARED FOR

NEARLY 8, YEARS.

SHARE MARKET TONIC.

ALLEGED. ⠀

GODDESS OF MERCY'S DIAMOND!

CURIOUS STORY OF CHINESE SUPERSTITION.

A GULLIBLE WOMAN.

London, Mar. 6. The reduction in the bank ráto from four and a half to four per. cent, brings the rate down to the lowest deslared since 1922,

The announcement has been re- ceived

with the everywhere

One of the most extraordinary greatest enthusiasm, and it is con-

a stories ever told in a local Police A charge of soliciting or incit- sidered that it will prove

tonic, to the recent Court, was unfolded at the Central, ing a Chinese to inflict grievous welcome bodily harm, or alternatively to depression, especially on the Stock Magistracy this morning. It was Exchange where sentiment has bound up with Chinese mythology malm, disfigure or disable the already Improved considerably. and superstition, and had refer- complainant, was brought yes-

the appeasement of the One: Immediate result of the ence to terday by Mr. Victor Gensbur ger, French protege, against Mr. reduction was the recording of Goddess of Morcy" by the build-

substantial advances in gilt-edged ing of a temple. Edward H. Shibbeth, in H.M. securities generally. Only two Police Court, before Mr. I. T. days ago the condition of the Morris. It was, however, even-Stock Exchange reported tually withdrawn.

to be highly discouraging, Outlining his case for the com- The bank rate has fluctuated was plainant, Mr. M. Reader Harris considerably of late. During last related how on January 25, a year, five changes were made, the Saturday, Mr. Gensburger, on in-rate varying from five to six and formation given by his houseboy, looked out of the window of his 51 Rue Massenet, and saw outside three Chinese of the loafer type.

telling the boy to make the Chinese wait, Mr. Gensburger tèle- phone to the French police. Shortly afterwards when he went downstairs two of the Chinese

were gone.

Arrests Made.

Mr. Genaburger, counsel said, grabbed hold of the third man by the collar and led him into the house where he made certain state-

French police | ments. At the station, where he was taken, he made another statement, counsel said, adding that the affair took place at about 3.45 p.m.

was

The story came out when four Chinese women appeared bafore Mr. Lindsell. One of them Cheung Chau Yuk (36), a married woman, charged with holding her self out as being able to foretell the future and defrauding Lo Suk duen, a married woman,

of 40,

a half, the latter high rate being Bonham Road, of $7.000, while to due largely to the speculative gether with Shum Ying (56) mar- boom. It had the effect of bring-ried woman, Lam Yip (45) widow, ing about heavy deflation and re- and Lee Kan-sam (17) spinster, leasing a large volume of surplus she was further charged with con

spiracy to defraud. funds.

There is still uncertainty over the continued foreign demand for gold, but the definite influence which has decided the Back to lower the official minimum is, the fall in the discount rates in New York and an indication that the Federal Reserve Bank will reduce its discount rate in due course Reuter and British Wireless.

ARMED ROBBERY.

SHAUKIWAN,

No Law Against Prophesy.

Mr. Lindsell objected to the original wording of the charge, that of "holding out herself out as being able to prophesy the future," saying

that there was no law The charge against prophesy. was subsequently amended to that

stated.

defendant

Sgt. Whelan explained a some- what complicated relationship existing between the four defen- dants and the complainant. The third defendant was an amah of The fourth was the daughter of the second defendant, and the No. 170, Main Street, Shanki-second defendant was the mother wan, was the scene of an armed of a deceased concubine of the robbery, perpetrated shortly after complainant's husband. ten o'clock last night. The three intraders made away with money and jewellery to the total value of $227.

Continuing, Mr. Harris said that | OUTRAGE BY THREE MEN AT the first accused. four other Chinese were later ar rested by the French police in con- sequence of the statement made by the first man. Subsequently on the following Monday, there was a conversation between the French police, Mr. Gensburger and Chief Detective Inspector J. A. Quayle, in consequence of which the pre- sent proceedings were against Mr. Shibbeth.

instituted

December Settlement.

After a trial lasting a couple of hearings, the five Chinese, Mr. Harris said, were acquitted by the French Mixed Court on Friday, of an assault charge, the court find ing that no assault had taken for the whole place. The move

suggested, affair, counsel

/W&S partly the famous December Set- tlement.

Mr. Harris went on to say that Mr. Shibbeth was a defaulter at the Settlement, largely due to a heavy decline in the price of Ewos. The complainant. Mr. Harris said, had reason to believe that Mr. Shib both, put down the very heavy drop, to heavy selling in Ewos by complainant.

Mr. Haris: "When the Decem- ber Settlement came along, he endeavoured to make an arrange ment with Dr. D. V. Judah, by giving him a small amount in cash and a lot of money in promissory notes. Mr. Gensbarger, to whom Mr. Judah owed money, would not agree to any such arrangement un- leas Mr. Shibbeth sent in his re- signation from the Stock Ex- change. Mr. Shibbeth then resign- ed.

Brother Expelled.

According to a police report, three men, two of whom were armed with revolvers, entered the premises, and held up the husband of the house and two females. They were gagged with towels, and their hands and feet tied Afterwards together with wire,

the men ransacked the place and decamped.

Hongkong's rainfall for-the 24 hours ending at 10 am. to-day was 0.25 inch. The total since January 1st is 4.90 inches, against an aver- age of 3.53 inches.

J

Building a Temple.

Lo Suk-duen, the complainant, went into the box and related that on August 31, the first defendant went to her house and begged for money to buy rice as a sacrifice. The woman explained that the Goddess of Mercy had given her and other people a revelation, and that they had to go to 100 different families to beg rice to do penance in order to obtain something.

The defendant told her that she was first visited by the Goddess of Mercy, when she was 13 years of age, in the country, and for over 10 years the Goddess had visited her.

The Goddess instructed her to build a temple with her own hands, and without any outside assistance, If she built this temple, the told Tsang Kong-pao. "All the Goddess promised her a precious meet stone. loafers in Shanghai can together, but that is not evidence against my client."

own

The elders and gentry in her village had prevented her from Mr. Harris:-I ask Your Wor- building the temple in ber ship to treat the witness as an country and the scheme fell adverse witness. He is naturally through. She eventually built the so, having beeb prosecuted on the temple adjoining the village, and complaint of Mr. Gensburger. I on the billalde nearby she found would like to be allowed to put the precious stone. in the contradictory statements, which he made to the police.

Mr. Morris: Not at this stage. Mr. Harris (to witness):-Did you take any steps whatsoever re- garding the disgracing of Mr. Gensburger-No.

Charge Withdrawn

Hongkong Bank Test!

The defendant asked witness if she would deposit $3,500 as security money for the stone, and said that when it was redeemed, witness would share in $180,000. The defendant went on to tell witness that she came from a wealthy family, and that her

She brought it to Hongkong and handed it in to the Hongkong and Shanghai Bank. They tested the stone with certain chemical solu- tion and verified its genuineness, After a couple of other ques-It was sent to the Shanghai branch "Oh January 10, Meyer Shib-tions Mr. Wing reserved his cross-and eventually returned to Hong-

examination of the witness, for akong. beth, bother of the defendent, was

later period. expelled from the Stock Exchange, largely on account of a speech made by Mr. Gensburger recom- mending the expulsion of Shibbeth Sub-Inspector Crossier,, of the as a defaulter. Then, on January French police, said he was present 15. Mr. Gensburger, obtained a when five Chinese were arrested judgment against Meyer Shibbeth by the French police, at instance for Tis. 2,000 which was not satis-of Mr. Gensburger. Several of husband was in America,.

! the prisoners, he said, made state- Counsel then stated that an ments, at the Lukawei station.lieve this story? action against Mr. Meyer Shibbeth Witness said, he subsequently dis- for some $40,000 odd was pending closed to Mr. Gensburger, in an in H.M. Supreme Court..

interview; what the prisoners had At this stage Mr. Morris decided said, relating to the defendant. to deal with the case summarily. Chinese Gives Evidence.

fied."

The Magistrate :-Did you be

Witness: When I made the first payment I did.

م فرار

Victim's Efforts.

Witness later became rather confused, which necessitated the. Magistrate taking her back to the start, when she said that on the first occasion the first defendant visited her, she gave her $1.60 for rice for sacrificial purposes.

Mr.. Harris: In view of Your Worship's, decision that Mr. King cannot be treated as an adverse witness, and therefore, I cannot The first witness called was put in any statements he made to King Song-ylag, tea and tobacco the French police, upon which this merchant of No. 3 Avenue Joffre. charge was laid, and in view of Witness went on to describe, in my client not having the slightest reply to counsel, occasion desire to press anything that It was on a later date that she when he met the defendant at might in any way be unfair to this told witness of the story of the luncheon, when Mr. Sibbeth spoke defendant, and not wishing me to temple, and asked her for $8,500. of his losses in the share business, argue, unless I am convinced I am Defendant explained to her that stating that it amounted to more right, that I ought to be allowed she had to raise subacriptions to than a lakh of dollars. The defen- to make these statements, I would obtain the favour of the Goddess: dant also told witness, that he prefer, in view of Mr. King's of Mercy. She had been promised was fooled by Mr. Gensburger. evidence, to withdraw the charge. In fortune by the Goddess and Mr. Harris: Was he happy Mr. Wing:-I would say Mr. witness would share in it if she about it up?

Shibbeth would vigorously deny helped her.

Altogether witness gave between Witness: He was not happy.anything of the kind suggested He said he would do something My only regret is that the com- $7,000 and $8,000. She raised the to disgace Mr. Genaburger.

plainant, not being within, the money from her savings, pawning jurisdiction of this court, I cannot her jewellery and mortgaging her Did you say anything to one

ask for costs and such other premises, Tsang Kong-pao about disgracing remedy as may have to be sought Gensburger- montioned it

elsewhere. casually.

Defence Objection.

..

...

Defendant told her, that the money was for the purpose of ap- peasing the anger of the Goddess, in order that she might have hør dant would leave the court with a share when they got the value of

Mr. Morris then dismissed the charge, remarking that the defen

Mr. Tycho Wing, for the de-out a stain on his character, to the diamond. fence, objected to witness being which Mr. Shibbeth briefly At this juncture, His Worship questioned regarding what he had replied: "Thank you very much." | adjourned the proceedings.

A CAVE MAN WOOS AND WINS AN AMAZON

The ALL-TALKING. ALL-LAUGHING COMEDY SMASH

United

artists Picture

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Marriage of Helen WUIS. Alligators in Captivity. New Race Track Opened in Mexico.

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Taming of the Shrew

Adapted and directed by SAM TAYLOR

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