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The
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Supreme Court
Hongkong Telegraph.
FOUNDED 1881 No 13751
Tel 20267
XD WETHAF SATURDAY, AUGUST 13, 1932.
日二十月七
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SILVER REMONETISATION PLAN JETTISONED
EMPIRE FINANCE GERMANY
REPORT
ORTHODOXY PREVAILS AT OTTAWA PARLEY
TURNS
TO PRUDERY
WAR AGAINST THE CULT OF NUDE
SUDDEN DRASTIC-
DECREES
Berlin, Aug. 12.
HOPES OF AN END TO The cult of the nude,
DEFLATION
which has been so popular in Germany for many years, is to be ruthlessly suppressed,
HINTS OF MODIFICATIONS OF THE LONG-SUP. in Prussia at all events. PORTED DEFLATIONIST POLICY, "WITHIN THE LIMITS OF SOUND FINANCE.”
The decision has taken the public completely by surprise. RESTORATION OF AN INTERNATIONAL MONETARY cepted thing in all walks of life Naktkultur has come to be an e- STANDARD, IN THE ABSENCE OF WHICH STABILITY OF and the STERLING-STANDARD CURRENCIES SHALL BE CON-duplicated in numerous countries has been CENTRATED UPON.
Jon the German model,
RECOGNITION OF THE FACT THAT MONETARY PROBLEMS HAVE STEPPED ACROSS NATIONAL BOUND- ARIES.
These are the main features of an important report issued by! the Monetary Commission at the Imperial Economic Conference at Ottawa. No recommendations are made. The Empire pro- poses to await the coming world conference.
movement
The first intimation of official change of attitude
to-
wards the movement came to-day in the form of the promulgation!
whore job it is, to judge Mayor Mr. Franklin Roosevelt, Demo- cratic nominae for the Presidency,
him from an awkward predicament. Walker. An injunction would
SHANGHAI
of drastic decrees against the TERRORISM
cult of the nude.
They were issued to-nigh! by the Deputy Commissioner
JAYO
Prussia, practically the Dieta ANTI-JAPANESE
Lor with Herr von Papen
DEMAND FOR WORLD CO-OPERATION actively engaged in the politics of
London. Aug. 12. directions-firstly, creating
stra
those cur-
the Reich, and they forbid not only stage spectacles with naked wo- men and gymnastic displays UT naked persons of both sexes, but віно bathing without proper
A worldwide rise in the general area of stability among levis 6f wholesale prices is most countries regulating their destrable, declares a statement on rencies; in relation to sterling, unte the monetary and financial ques-and, secondly, axolding wide day- tion, issued by the Imperial Con- to-day fuctuations between ster
Bug and gold.
ference at Ottawa.
in
The evil of falling prices must, the United Kingdom has already The Conference is gratified that saya the statement, be attacked by established machinery Government and individual action preventing wide fluctuations be aiming at all ilo causes, political,tween gold and the value of ster ceonomie, financial and monetary. Jing, due to speculative movements, The Governments represented and recognises the value of Coni- at the Conference are convinced monwealth countries whose
CIF-
that international action is urgent-rencies are linked to sterling main- ly necessary to deal with the pro-taining stability between their ex- blem in its widest aspect, and change rates, The Conference desire to co-operate with other fonks to a rise in the general level nations in any practicable mea-of wholesale prices as the most sures for raising wholesale prices, desirable means of facilitating this
BRITISH ATTITUDE
result..
WORLD CONFERENCE.
The decrees also forbid bathers to visit restaurants in seanty baths ing costumes.-Router.
LUCKLESS
ACTIVITIES
(Telegraph Sperial.)
CX-
WORCESTER Chinese factory in the French
TOP SCORERS BUT
NO VICTORY
was
————་
NEW YORK'S GRAFT
SCANDAL
COURT ORDER AGAINST MR. ROOSEVELT
WALKER TO FIGHT
(SPÉCIAL TO "TELEGRAPH")
New York, Aug. 12.
THE GREATEST POLITICAL DRAMA in the modern history of the United States-the grave accusations of corruption against the Hon. J. J. Walker; | Mayor of New York City, and the responsibility thrust
Mayor
"Jimmy" Walker, charged with malfeasanco in office by Judge Seabury:
upon Mr. Franklin Roosevelt, Democratic nominee for THE INEVITABLE
the Presidency, at present Governor of New York State, of deciding what action shall be taken-took a new and unexpected turn to-day.
The forces of Mayor Walker have obtained from the Supreme Court an order requiring the Governor, Mr. Franklin Roosevelt, to show cause why he should not be restrained from passing judgment in the case.
This is the first step to obtain a legal injunction to prevent Roosevelt from taking action.
JUDGE SEABURY'S GRAVE CHARGES
chief
LANDSLIDE
BREAK ON N. Y. EXCHANGE
HEAVY FALL IN STOCKS
New York, Aug. 12 The Stock Exchange had its long-expected shake-out
Mr. Walker recently filed an Judge Samuel Seabury, answer with the Governor, cate- counsel of the Joint Legislative to-day. Shares fell pre- gorically denying all charges and Committee inquiring in inferences, and alleged he was affairs of New York City.
to the cipitately towards the close being made a political goat,
The
The veteran jurist, whase uncov- of the day's trading, a tor- atruggle between
the erings of traffic in political in-rent of selling occurring in governor and the mayor is being fluence in Tammany's system of the last hour. watched with interest throughout city government have turned the the country because of the attention of the nation on political significance.
New
The crash brought down many York, finds that the official conduct of the leading issues from one to of its chief official igcharacteriz-five points and a few fell from ed by such malfeasance and non-
DOUBLY EMBARRASSING. If the
Shanchi Aug. 13. The activity of the Japanese terrort societies con- anti. tinues unchecked--the secrets of their organisations being reedingly well concealed.
Yesterday, a new organisation calling itself "The Skull Corps for the Punishment of Traitors," delivered a bomb in a parcel to a
Concession which
charged with dealing in Japanese goods. The bomb did not explode.
CHAMBER'S DENIAL. The Chinese Chamber of Com- merce denies
behind the YORKSHIRE NEED TO de is that it is b
or the BAT ONCE ONLY "Bloody Group for the Extermina-
tion of Traitors," organisation. The greatest total in the heut
One of the members of the studying financial and monetary cricket scores was put up by and charged with attempted mur- The Committee which has been wave accompaniment of high "Bloody Group" has been arrested questions refrains from
making Worcester, reposing at the foot any recommendation in regard to
Jof the championship wholesale prices rise, and declar. the restoration of a satisfactory They compiled 502 runs for 9[Chinese vernacular papers are table. In the meantime, the Shanghai international monetary standard in will shortly be discussed at an in-to force a win in a match which Japan, urging their readers view of the fact that the question wickets and declared but failed keeping up their campaign against rational economic conference, produced an average of over examine the Customs returns limits what can be done foris of opinion that the most im
At the same time, the Committee fifty runs per wicket.
"which show that the
If he removes Walker he will Yorkshire won by an innings-Japanese imports is he rapid as portant conditions precedent to as usual, might almost be added the thermometer in a hot sun.
alienate Tammany, if he declines Mr. Chamberlain's statement the re-establishment of any inter-and maintain their lead over Sus-
to do so he will court disfavour in proceeds that "a rise in prices untional monetary standard are a sex.
"Millions of dollars are goingthe West because of his warmth to Sutcliffe compiled ennnot be effected by monetary rise in the general level of com-Bowes took 9 wickets for 121 Injual ammunition to kill
194. to the enemy enabling him to turn
wards Tammany, and if he does action, since various other factors modity prices in various countries Essex's first innings which pro-Reuters
not act at all he will face ac- which have combined to bring to a height more in keeping with duced 25
cusations of vaccilation. runk, Nichols and about the present depression must the level of costs, including the Taylor registering centuries. also be modified or removed, but | burden of debts and other fixed
Over a thousand
runs were His Majesty's Government re-anti semi-tixed charges.
scored al Cheltenham where cogulses that an ample supply of
Gloucester beat Lancashire andi short-term money at low rates may
Jammond and Paynter were in brilliant formi
The Conference welcomes the statement of the Chancellor of the Exchequer, Mr. Neville Chamber- lain, expressing the desire of His Majesty's Government
ing that "the
to sce
best condition therefor will be a rise in gold prices," adding that "the absence of a rise in gold prices inevitably
sterling."
have a valuable influence, and is
INTERNATIONAL CO-OPERATION.
Middlesex hit up 142 and com- palled Derby to follow
confident that the efforts which The return also demands the ad- have successfully brought about justment of the factors, political, the present favourable monetary economie, financial and monetary, Lord's, but Townsend, the Derby conditions can and will be
con which caused the breakdown of bowler, in the second innings dis- tinued."
the gold standard in many coun- covered batting form and obtain- tries und which, if left unadjusted ing 156 not out, eliminated the will inevitably lead to another perl) of defent,
Full details on The Conference recommends the breakdown, whatever international Page Eight. other: Commonwealth countries re-standard is adopted. presented at Otttawa to act in con-
LOW INTEREST RATES.
The Conference is also of the
der.
to
rise in
UB."
YOUNG CHANG ADAMANT
TANG YU-LIN MAY ALSO RESIGN
Marshal
Peking, Aug. 13. Chang Hsueh-Hang remains adamant in his decision to resign and it is understood that
his
formity with the policy outlined by opinion that it is most important POPULARITY OF AIR Chiang Kai-shek will suttle the Chancellor of the Exchequer, as to the future working of any in- far as lies in their power.
ternational standard that interna-
TRAVEL
In the monetary sphere, tho tional co-operation should be se primary line of action towards a cured, and maintained, with a view 2,000 LEAVE CROYDON rise in prices should be the crea- to avoiding, as far as is practi- tion and maintenance, within the cable, wide #uctuations in the limita of sound finance, of condi- purchasing power of the tions which will assist in the revival ards of value.
stand-
SILVER IDEA JETTISONED.
WEEKLY
London, Aug. 12. The extremely rapid growth of
succession by the appointment of a committee Instead of an in- dividual to take over the military command of North Chinh.
It is reported that Tang Yulin, the Governor of Jchol is also Intending to resign-Reuter.
air travel is shown by the fact that TRAGIC DEATH OF
whereas thirteen years ago only twenty passengers left Croydon in that airport weekly. an average week, now 2,000 Jenve
PLAYWRIGHT
KILLED IN MOTOR SMASH
and enterprise of trade, including; 'low rates of interest and an abun dance of short-term money.
The remonetisation of silver INTERNATIONAL STANDARD.
was among the proposals which were jettisoned early in the pro- Referring to the Importance to eccdinga, which trade of stability of exchange rates several novel schemes for Empire mises to be rapidly exceeded, for in
Also included
This hundredfold increast pra- over the widest aren possible, the monetary reform.-Renter. statement says complete solution
the first six monthą pf this year must await the restoration of con-
London, Aug. 12. At Ditawa, to-day, the United 000 passangers from
the-Imperial Airways carried 30,-..
London, Aug. 12. ditions for the antisfactory working Kingdom and Canadian delega alohs, as many as the total carried the author, whose fit play, Croydon Mr. Ronald Mackenzie Young, of an International standard. tions continued their Joint
during the whole of last years, Meanwhile, the Conference has posals. The British delegates also it is now possible to book by air cosefully at the Criterion Theatre
examination of the Canadian pro
"Musical. Omniru, is runnfor suns *considered the possibility of conferred with the wfoundland from Croydon for 180 continental London, was killed to dia
Democratic candidate feasance," and that he has consix to twelve points. decides to remove Walker, it will ducted himself "in a manner so far Uneasiness showed itself on the be interpreted by opponents as a unbecoming the high office which market from the beginning. The grandstand play designed to catch ho holds, as to render him unfit feature of the early trading was votes throughout the country, to continue in the office of Mayor." the firmness of the alcohol issues, whereas if he does not act in the case they are expected to make
presumably owing to President MENACE TO NATION. the most of the chance to say that
Hoover's declaration that he Is of the fear of alienating Tammarynished tale, eloquent in the sim-cautious and very little business Roosevelt is afraid to net because Governor makes a plain unvar-
The record that lies before the in favour of State Option.
In other counters, buyers were support.
Obviously, the case cannot but plicity of its presentation. Out of was done. The trading avalancha be embarrassing to the Democrs the disconnected, verbose and con-did not commence until the last tice candidate.
fusing procedure-of the puone hour when thousands and thou- hearings, Judge Seabury has sands of shares were thrown upon. drawn a clear picture of twentieth the market and lought about the century Tammany's conception of landslide.
towardship, which, he declares, presents the record as a citizen exceeded three and a half millions, is a menace to the nation. He day's turnover over shares had Before the Exchange closed, the
not as counsel-he emphasizes in
charge
-Reuter,
a covering letter in which he makes, POLITICAL TOOL.
a 15-point summation of his analy Friends of Roosevelt
sis, and submits it not na formal that the Seabury commission, formation so that he "may deter-!
charges, but for the Governor's in- CONVERSION PLAN creation of a Republican legisla-mine what shall be done."
ture, was a political tool and has been used as such in the filing of charges just as the election
campaign started. The injunction
NO REQUEST.
"I have no request or petition to
is a way out, but political enemies make in reference to this matter," will not fail to allege Roosevelt's Judge Seabury's letter says, and complicity in the legal steps in my own only desire is that it may order to avoid making a decision.
be dealt with solely upon its merits and regardless of any other cir- cumstances.
SUCCESS
MODEL FOR OTHER COUNTRIES
London Aug. 12.
A Treasury announcement as to- the progress which War in con- "In my judgment, the evidence version operation achieve up to Mayor presents matters of the gravest
UNFIT FOR OFFICE. The charges against Walker are embodied in
600-moment to the people of the city of the end of the bonus montijis ex- word transcript of testimony and New York. I therefore present it pected early next week. 20-page analysis of the evidence in to Your Excellency, who alone, the Walker caac, drawn up by-i
(Continued on Page 12.)
:
HARBIN FLOOD CATASTROPHE
Much progress has now been made with the great volume of mall received. In the last days:
HOUSE COLLAPSE VICTIMS: CHOLERA July 31st 31,700,000,000 Avs Fer
AND TYPHOID MENACES
of July and for some days after wards. The delayed post consist ing mainly of letters from holders abroad, was unexpected large.
There are Indications that before
cent. war was 8%% stock and that WE proximate amount will sho aiderably higher figure. Th amount of War Loan outat was £2,078,000,000.
to
Harbin, Aug. 18. been victims of the collapses. The Sungaar! Bloods are still The peril of a disease outbreak rising, The entire suburb of is intensifying. The cholera out City icircles, do not donat Pristan is now flooded and many break is spreading rapidly and the Treasury will be able an houses-are-collapsing.
to leave and took rofuge in one cost that a menace lies in the financial situate
there were forty fresh cases on nounce a very great. Bucci N TE occuffed by people who declined
Many of these houses are Thursday) .....
anticipate, that apart from A further menace Tles in the benefits it will confer on the Ham