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The
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Hongkong Telegraph.
T.1. 20269
FOUNDED 1807
NO. 21.474
CHINA THINKING MYSTERY
OF A TEN-YEAR PLAN.
DEVELOPMENT ON A
HUGE SCALE.
SCHEME YET TO BE APPROVED.-
London, Aug. 17. China is considering the possibility of embarking upon a Ten-Year Plan. It in- volves huge scale de- velopment of great industrial undertakings, more intensive agriculture, and the establish- ment of a great shipping or ganisation.
OUT OF
MISHAP.
Big Hole in Bows of s.s. Angers.
INFORMATION
REFUSED.
The refusal of the Captain to make any statement bus vonvert- fed into a mystery the circum- istances of an accident which seems to have befallen the Mes- sageries Maritimes s.s. Angers, } the French Mail liner, on her) way to Hongkong from Shang- hai.
This is, at least. what has The vessel arrived in port this been gathered from a telegram morning with a gaping hole on the how. It was well abov the receives at Geneva by the Inter-port
waterline, but whe
the Rone
Text
national Labour office contain-serimus, and was sufficient evidence ing information from the, Chl- that the ship had either been involved nese International Department in a collision, or that she had been on the subject."
very severely battered by a storm.
The project concerns a big in- Tiustrial development scheme which is to be submitted to the Chinese Government shortly.
It provides for the development
The hole was nearly five feet in length, and two feet wide. Strel plates were stove in and left twist- ed and jagged. Whatever caused the mishap, evidently struck the
of one hundred and twenty millionship a sharp blow on the port side. hectures (about 250,000,000 acres)
of land at present not used;
the construction of a mercantlle marine of at least eight million tona;
and bored its way into a compart- ment used by the crew.
12/1
As far as can be gathered, one was injured, though even this
nnot be ascertained. The extension of the system of
When
Telegraph representative communication and the means of went on board this morning, he transport; and
found the purser absent, the second the building of new factories officer ualde Dr unwilling 10
I estimated that the carry,
speak of
any accident, and the Cap ing out of the scheme would retain refusing to see him or to make sux statement. Other members BI
throughout the whole of China,
·quire· 200,000,000 million tons of enni, twelve million tons of steel.
It is expected that the execration of the scheme would urengy a do- ende.
The despatch of the message to the International Labour Office is taken to mean that China will pro- bably seek outside financial assis- tance-Renter,
of the crew were equally reticent, though one stated that if there had beca storm, he slept through it, and did not know whni had hap pened!
Upon enquiry at the office of the
Mesangeries Maritimes, it. Was taled that they did not know what had happened. A report would not. he submitted to the Hongkong office, but would be sent to Shanghai. Our
THE NEW SPANISH native was referred to the
CONSTITUTION.
A REMARKABLE
FEATURE.
Captain
JUNE DIVORCED.
NOT RECOGNISED IN BRITAIN. Madrid, Aug. 16. The new Spanish Gunatilation.
Reno, Aug. 17. released for publication last night,
Lady Inverclyde, better known soleninly renounces
as as the actress Juut, has obtained instrument of national policy. divorce from Lord laverclyde, affirms the right of ownership of which, however, is not recognised private property, and establishes by the English courts. Renter
single-chamber Parliament.
**
the
is THE MOTOR CYCLE
RACE MONOPOLY,
The curious feature is the safe- Kaard
whereby Parliament prevented from dominating President, and vice versa, by each party having the right of appeal to the electorate and to dissolve the other. Reuter.
WONGNEICHUNG TRAGEDY.
LOCAL ARCHITECTS
VERSION.
Messrs. Palmer and Turner write us as follows in connexion with the fatal occurrence in the
BRITISH MACHINES WIN AGAIN.
London, Aug. 17. British machines were sucess ful in the Swiss Motor Cycling Grand Prix Races over the week-
end.
A+JAXĦE TUESDAY, AUGUST 18, 1931
日五初月七
134. PER ANNUM
SINGLE COPT 29 CENTS
TINY AMERICAN YACHT WINS OCEAN
DUNLOP
LOCAL_BRANCH.
RACE THROUGH MOUNTAINOUS SEAS.
on
The Dorado is seen above arriving at Plymouth winning the Transatlantic yacht race. She has now added to her laurelk by her victory in the Cower Fiatrist race of over 600 miles.
The American schooner Mistress, which obtained third place, under weigh.
MORE BANK THE KWONGSANG. CRASHES. Belated Message
from Yatshing.
CLOSED DOORS IN
AMERICA.
New York, Aug. 17.
Is the history of small bank crashes in the United States, which caused such a sensa-. tion towards the end of last year, to be repeated?
A FAINT HOPE.
A belated message recclved this morning from the s.s. Yat-
hing a-Jardine bout, gives rise! to a faint hope that the Rs. Kwongsang, which has been missing for ten days, may yet be isafe.
DORADE'S SPLENDID
""
"DOUBLE.'
Pedder Bids.
BUDGET CRISIS.
Baldwin
Hurries
Home.
An Unexpected Move.
CABINET SITTING.
>
London, Aug. 18. Some excitement has been caused by report from Paris announcing that Mr. Stanley Baldwin has again left Aix-les-Bains for Lon. don, in connexion with the financial crisis.
It had not been expected that he would make any move before receiving a report from Mr. Ne- ville Chamberlain on Thursday. after the Government had com- municated its programme to the ex-Minister, and to Sir Herbert Samuel.
The Cabinet Economy Com-
ANXIETY FELT FOR SAFETY OF 4mittee yesterday adjourned after
OF HER 16 RIVALS..
A FAMOUS VICTORY.
THE GREAT OCEAN yacht race of 615 miles from THE
Cowes to the Fastnet Lighthouse Rock (off the extreme south-west coast of Ireland) and back to Plymouth, was won yesterday by the tiny American Bermudan-rigged yawl, Dorade, owned by Mr. O. J. Stephens and Mr. Roderick Stephens, of New York.
a disettsafon lasting for four and a half hours. The members will meet again this morning, when they will probably continue their deliberations the whole day if
necessary,
Tax Rumours.
In view of the principle down by Mr. Ramsay MacDonald, that there.
must be "equal sacrifices for all"
proposal has been examined seriously, for a tax on fixed in- terest bearing securities.
Router understands that the examination revealed certain difficultles In the application of Auch a tax and well-informed It was one of the most thrilling races for many political circles therefore consider years, the excitement being provided by a violent gale, that the likelihood of such a tax which raged throughout the hazardous voyage. The is considerably lessened. yachtsmen in their tiny craft had to contend against mountainous seas. The British yacht Maitenes II was abandoned following a tragedy in which the part-owner lost his life, and anxiety is felt regarding four others; of the seventeen competitors.
BRITISH CRAFT ABANDONED.
Nevertheless, the mere Fumour that such a plan was being con- aldered WAX Nuficient yesterday afternoon to cause one of the heaviest falls in British. Govern..... ment klocks of recent times.
The Economy Committee of the Cabinet is determined to be in position to submit a definite pro- gramme to the full Cabinet on Wednesday. The proposals, when approved," will be embodied in a new Fimuce Bill which will be presented to a special session of
Following the announcement! Mesara, Jardin, Matheson & that four banks in Toledo, Ohio, Co. to-day learned that the Yat- and eleven savings associations shing saw the Kwongsong last Sunday week (August 93 heading had suspended, payment, further for Talchow Island, south of
London, Aug. 17. reports of banking closures are Shanghat,
This was the day after the
In wining the famous Pastuct reported.
Kwangsang had left the northern Race-regarded as the severexi Six small banks, with total depot, all there is just a possibility test for racing suchts--the Ameri tragedy aboard the Maitenes II of important events in British posits of approximately G$1,180- thrt she made the Island, and lies can yawl Darade completed
at there damaged and unable to get wonderful double, being also the 000 have close their doors
into communication with using winner of the recent Transatlantic Bart-owner and skipper of the the return of the Prime Minister Lincoln, Nebraska.
race from Newport (Rhode Island) cruft, was washed overboard and from Scotland by the night train. which swept the English and Irish has considered the programme of On Thursday, after the Cabinet consts yesterday.
The Howell Bank and Trust Company, of Richmond, Virginin with
a captial of $250,000, has also put up its shutters.
boats.
however, 110t
the to Plymouth, a 3,000 mile journey
which it completed in 7 days.
There is, slightest doubt that she ran into the severe typhoon which raged along the const between Swatow, The cling of the Toledo banks and Shanghai, and it is feared
Is attributed to "a desire to pro-that she must have foundered in tect depositors during the unparal-the storm.
lelted period of hysteria.”
Over
$100,000,000 in assets has been tied up by their suspension.→→ Renter's American Service.
Washington, Aug. 17.
The value and the volume of Stanley Woods riding a Norton the foreign trade of the United won the five hundred cc. class at States in the scond quarter, of
vicinity of the lockey Club's new and a half miles an hour and Percy for many years --
an average speed of seventy-three 191, April to June, was the lowest
stable at Wongueichung yester Hunt, who has won the Dutch- The exports tutaliod' £121,000,- |
day morning:
the 000, representing a decline of 35.9 British Tourial Trophy, ulse riding per cent. In value, and over 20 per Norton, won the three hundred cent. in volume as compared with and. Afty ee. class at an average the corresponding quarter of 1930. speed of sixty nine miles an hour.
The imports totalled £102,000,-) British Wireless.
30 per 1000, being a celine of
cent on value and 16 per cent, in volume.
1. There was no "LandsHde": Tourist Trophy as well as What happened was a "Wash down" of loone earth excavated site above and tipped from the down the hillside,
There was no subsidence in the natural ground, nor of the re- taining walls.
2.
3. The unfortunate workmen who-lost-their-lives were-slooping in rough shelters crocted by them. selves at the foot of the "tip" without pormission, and from which they had been turned out several times proviously.
DEMPSEY SEEKS DIVORCE.
MENTAL CRUELTY!
CYCLONE HITS PARAGUAY.
IMMENSE DAMAGE
REPORTED. Buenos Aires, Aug. 17. Paraguay has been struck by
a violent cyclone which destroy- ed over four hundred houses at Asuncion, the capital, Several New York, Aug. 17.
aro reported to have been killed, the number of injured On the ground of "mental while cruelty, the famous, ex-hoavy-runs into hundreds. weight champion of the world, Immense damage has also been Jack Dempsey, has filled a divorce done at Villa Rica Bocayaty and petition against his wife, Estelle other districts. Taylor, at Nevada,
Totorious divorce market. Reuters Communications are interrupted
Lare difault to obtain---Reuter,
The imports of gold during the "perlod-exceeded-the-exporta__by. American
£32,000,000.-Reiter's
Servier.
YANGTSZE FLOOD
DISASTER.
APPEAL FOR WHEAT.
ON CREDIT.
Washington, Aug. 17. The Chinese Governmont have asked the United States Govern- mont what quantity of wheat la available in America on credit, for rellot of
along the Yangtaze Valley and
| elsewḥore. Reuter,
Both the second and third places in the Fastnet Race were ціко occupied by American yachts, the Xchooner Water
This plature, reprodused, fram- the "North, Chlúa - Daily^ News," Shanghai,shows: the Indo-China - BN, Company's sa... Walshing...nt she lies ahora, badly ydamingoda. In, Namkwan, Bayjɛka a result of
...the "trpkéma s which Bihd rodently'snösuntered.
Gipsy being second, and the Parliament next month. schooner Mistress third.
Week of Vital Events. The race was marred by the
may well be said that a week Colonel Charles Hudson, politics began this morning with
IL
when
drowned during the violent gale
their
Apecial committee,
News Is still awaited of four Ministers will explain the position the General Council of the others of the seventeen yachtsto which took part, and
Trade Union Congress and
Rome
the
anxiety is felt, though it i Excentive Committee of the thought probable that they took Labour Party. shelter when the gale blew so fiercely yesterday.
The Dorude, the winner, I only 52 feet long overall. She bawled along at a spanking pace and prov- ed herself n romarkable stiff weather craft.--Reuter,
VILLAGE CUT OFF
0
BY
WWAVES.
They will also be in consulta tion with the representatives of the opposition parties-Reuter and British Wireleña,
SHANGHAI ARRESTS'
COMMUNISTS.
TENG YEN-TA AMONGST THE NUMBER.
Shanghai, Aug. 18, The Shanghai Municipal Polica yesterday afternoon
arrcated
WEATHER IN twelve alleged Communists, in- cluding Teng Yen-ta, who was a prominent member of the Wuhan Communist Government Inj 1027 under Borodin-Reuter
CHANNEL.
London, Aug, 17 Following a woek-ond of thun- der, rain and violent wind which caused much damage, stormy weather was experlanced along the South Coast to-day..
High,winds and the roughest (summer seas for many years are
reported..
Throa lives were lost in a boat- Ing accident off the isle of Wight and a bungalow village which grown up on a shingie boach near Winchelsea, the oid Claque. Port, hat been cut oft by waves which threatened to undermine the foundations of the buildings.
London, and other inland dis tricts enjoyed much Improved weather but the outlook Is Again unsettled-British Wireless,
BERLIN BOURSE
SILENT.
NO QUESTION OF REOPENING YET.
Berlin, Aug. 177.
A conference, between the Prus- sian Ministry of Commerce and the Bourse Committtoos to-day do cided that it is out of the question during August to re-open the Stock Exchanges
The date of re-opening will discussed at a later conferen
Reuter":