BANK BILL RUSHED THROUGH
EXTENSIVE POWERS GRANTED
TO PRESIDENT
SOLVENT BANKS TO OPEN IN DAY OR TWO
Washington, Mar. 9.
THE HONGKONG TELEGRAPH. FRIDAY, MARCH 7
Above is seen the Franch training cruiser, Jaanne d'Arc, in Hongkong harbour. She leaves on continuation of her tour to-morrow.
1933.
RADIO BROADCAST
SCHNEIDER TRIO AT
THE STUDIO
From Z. B. W on wave length of 355 metres (k/e).
4.30-7 p.m. Chineső programme, 7-10.30 p.m. European programine. 7-7.18 p.m. Concert Waltzes. Girls from Baden (Kemzak), Game of Kisses (Rizzi).
Victoria Orchestra. V-50037. Wine,
Women and Song (Strauss). Roses of the South (Strauss).
Chicago Symphony Orch. D1452. Local Stock Quotations,
Gloxing
W
VITHIN AN HOUR of the submission of President ARMY-NAVY KOWLOON MOTOR Selected London and New York Stock
Roosevelt's Bank Bill to the House of Representa... tives to-day, it had been passed, and sent to the Senate. The Senate passed the Bill about two hours later.
The Bill ratifies the emergency powers conferred on the President by Proclamation enabling him to retain control over banking and finance throughout the coun- try and to take any action considered necessary regard. ing the embargo upon gold and silver exports.
Under the Bill, sound banks will be permitted to re- open for business almost immediately. Insolvent banks will be re-organised. A great expansion of the currency in circulation is authorised.
ESTIMATES
"TERRIERS" CAMPS AGAIN
MODERNISATION POLICIES.
OFFENCES
SEQUEL TO RECENT "ACCIDENT
An accident in Nathan Road in the early hours of February 26 had.. a sequel at the Kowloon Magistracy, before Mr. Butters this morning, when Mr. A. E. Greenway was summoned for driv- ing private car No. 2063 without London, Mar. 9.
a driver's licence. The Financial Secretary to the "Traffic Inspector Mason, who War Office, Captain Duff Cooper, prosecuted, said he was awakened introducing the Army Estimates at about 12.30 a.. and it was in the Commons to-day said that reported to him that an accident the economies effected in last had occurred in Nathan Road. He exceptional financial conditions, the accident and found defendant's were made with great ́misgiving car against 'a tree. It had ap- represented an increase of £1.462, both vehicles being rather, badly The Estimates now presented parently collided with a taxicab,
damaged.
GOVERNMENT CONTROL OF BANKS year's estimates, in view of the immediately went to the scene of
Addressing the special session taken action, extending the holiday of Congress, President Roosevelt for National Banks until Saturday said that the first task before the and for State Banks until Monday. country was to enable the re--Ruuter. opening of all sound, banks, në a preliminary to legislation directed against speculation with the funds of depositorS.
FULL CONTROL.
He requested Congress in mediately to enact legislation in order to permit the opening of banks for the resumption of busi- nesa, asked Congress to give the Government full control over banks and also authority to re- open sound banks as rapidly as possible.
GOLD EMBARGO TO CONTINUE
PRESIDENT PREPARING
·PROCLAMATION
Washington, Mar. 10. The national bank holiday will be extended at least over Friday, probably for two or three days...
President Roosevelt is also pre- paring a proclamation continuing the gold embargo.
He said that efforts would be He has already signed the Bank made to reorganise the other in-Bill, which passed the Senate by solvent banks and to put them 73 yates to 7--Reuter, upon a sound footing,
The President added that Amendments to the Federal Re- serve Act would be requested in order to provide additional cur." rency to meet all currency de- manda. He strongly urged Con- grees to immediate action.
BILL SUBMITTED.-
THEFT OF POUND NOTE
ARGYLL PRIVATE
VICTIMISED
Private William Mc Culloch, of:
A few hours after the opening the Argyll and Sutherland High-
*
of the special session, President |landera, appeared before Mr. Roosevelt's Bank Bil was sub-Butters at the Kowloon Magistracy mitted,
as complainant this morning when Chan Liu, a tailor's assistant, was charged with theft of a pound note.
The Bill grants authorisation for a potentially great expansion of United States currency and the continuation of the existing emer- gency banking power is requested. The Bill ratifies and continues the President's emeritency powers in banking and financial spheres.
It was alleged by Sub-Inspector Tuckett that complainant handel a pair of trousers to defendant
000
The principal increases were connected with the resumption of
The Davis excape apparatus, with which all British submarines bave now been equipped.
to be pressed on Tuesday. In the pocket of the trousers was a pound the territorial camps and support note which complainant had ap 'COLD CONCENTRATION.
parently forgotten for the moment, for schools cadet corps. The Bank Bill also orders the Defendant, it was alleged, found
MERCHANICAL TRANSPORT. concentration of the nation's gold this note, and instead of handing: into the vaults of the Federal it to his master, he kept it and Referring to the mechanisation Reserve Banks and permits ban changed it for $14 from a money-of the Army, he said that experi- kers to get info circulation notes changer..
ence had justifled the adoption of from the Federal Reserve In re- When complainant remembered the light tractor and one more turn for United States Government that he had left the note in hfa field artillery brigade had been obligations, notes, drafts, bills of pocket, he searched for it but equipped with it. That they were axchange and, bankers's tances.
་
In the course of his enquiries, Inspector Mason asked defendant for his licence, but the latter in- formed him that he had none.
Mr. Greenway told the Court that he had returned from leave
recently. He had entrusted an assistant to take out a licence for him, but this had not been done.
His Worship imposed a fine
of $10.
OTHER CASES.
In another case, Mr. F. Bernard, of No. 307 Prince Edward Road, was summoned on three charges, these being (1) failing to notify. the police on acquiring a car, (2) driving a car without a licence, and (3) exceeding 20 miles hour in the restricted area in Nathan Road on February 22 at 1.30p.m.
ап
In pleading guilty to all charges, Mr. Bernard said he did not know it was necessary to notify the police on acquiring a car. With regard to the charge of speeding, he said he was proceeding at about 30 miles an hour, totally un- aware that 20 miles was the limit, The road was clear at the time and, there were no signs at all to sugg- est that the speed limit in that arca was restricted to 20 miles an hour:
Mr. F. V. Whitta, of the Hong- kong Used Car Co., informed his Worship that it was the usual practice for agents on the sale of fears, to inform the purchasers of regard to notifying the police of a the local traffic regulations in change in ownership. When Mr. Bernard bought the car, he (Mr. Whitta) had not informed him of this necessary procedure.
Quotations, eta.
7.30-7.50 p.m. From the Studio. Jazz Selections on the Ukulele by. Mr. L. T. Hendy.
7.30-8.25 p.ra. Variety.
8 p.m. (Local Time and Weather Report).
<
Song Falling in Love Again. Gracie Fields (Comedienne). B3592. Cornet Sole My Heaven of Love.
Dal Staigers. B3667. Song-Peace of Mind.
Geno Austin (Tenor). B3201. Organ Solo-If I Had a Talking
Picture.
Reginald Foort. B3324. Song-Mammy is Gone.
Paul Robeson (Bass), B3603. Humorous Song-What Archibald
Says," Goon,
Gracia Flolds. B3502. Orchestral-Italian Airs,
International Novelty Orch. B3067.
Votal Trio-There's locm in my
Heart-Walter Glynne, Sydney Coltham and George Baker. 13201. Organ Solo-A Little Kiss Each
Morning.
Reginald Foort. 3324.
Song High Water.
Paul Robeson (Bass). B3663. 8.25-8.50 p.m. A Concert, Piano Solo-Etude in C Minor
iude in G Major Piano
(Chopin):
Igance Jan Paderewski. 1367. Song-Waiata Maari (Hill). Song-A Maori Slumber Song
Rangi Pal).
(Te
Francen Alda (Soprano). 1330. Violin Solo- -Songs my Mother
Taught Me Violin Solo-Slavonic Dance, No. 1
(Dvorak-Kreisler).
Fritz Kreisler. 1414. SongThinkin' of Mary (Bennett). Song-Columbine's Garden (Beslv).
Walter
Glynne (Tenor). B3106.
8.50-9.20 p.m. Musical Comedy. Selections from "Funny Face." Selections from "Good News."
Victor Arden-Phil Ohman and Their Orchestra. 36918. The Maid of the Mountains-
Selection.
The London Palladium Orch. C1881, Vocal Gems"Wake Up and. Dream Vocal Gems-"Mister Cinders."
Light Opera Company. C16GG. Selection--Lido Lady.
Savoy Orpheans. C1310. All records in the above European programmes are kindly supplied by Mentra, S. Moutric and Co.
9.20-10.30 p.m. Classical Prom gramme.
Coriolan Overture (Beethoven).
Willem Hengelberg and his Concert- gehouw Orchestra. FROM THE STUDIO. Mozart's Trio on C
Major played by the Schneider Trio.
Mendelssohn's Symphony No. 4 in A Major Opus. 90 performed by La Scala Orchestra of Milan conducted by Ettore Panizza.
M-119.
Messes, S. Moutrie and Co.
(This Suite is kindly lanned by 10.30
p.m. Rugby Press-News, 10.33 p.m. Close Down.
The Studio Programme may, on any day be interrupted between 6.30 and 7pm. for a relay from Daventry, it Eception of the latter happens to be
His Worship imposed a fine of $5 on each of the first and second charges, and $15 on the previous
Mr. L. McTavishi, the previous good. owner of the car, was fined $5 for failing to notify the police of accep-could not find it. The police were on the right lines in the develop the sale of his car.
notified and after inquiries were ment of mechanical transport and made, defendant was arrested. that the cara in use were admir-i
Mr. Erie Wong Tape, driver of Sentence of six weeks' hard ably adapted for the Dominions car. No. 370, was fined $10 for labour was. imposed,
and for Colonial use was demon negligent driving. Traffle Inspec-
These notes will be receivable at par all over the United States. The Bill permits only "sound" banks to re-open immediately. The others will be reorganised.
PRESIDENT'S POWERS...
The Bill provides for a fine of ten thousand dollars or ten years' imprisonment in default for viola- tions of the special regulations,
It empowers the President, dur-
BETTER OUTLOOK
יי
was
for Nichol said dofendant driving from Waterloo Road into Nathan Road, and instead of turn- DAY BY DAY NEWS IN BRIEF
ing round at the usual corner, he At the monthly meeting of the cut across the filling station, A WHERE PAGAN PHILOSOPHY `HAS { FAILED, CHRISTIAN PHILOSOPHY Chinese Chamber of Commerce yes-lorry was passing along at the WILL CHEER »US THROUGHOUT terday afternoon, it was decided to time and the driver had to pull up continue to make its annual donationlin order to avoid an accident. MỸ. OUR MORTAL LIVES.
of $1,000 to the H.K. University. Wong Tape, he said, was not driv-
log fast at the time.
8
UP
11
-FANLING GOLF
STARTING TIMES. FOR SUNDAY
Old Course
9.28 R. S. W. Paterson, C. E. Moore. 0.32.A. E. Lissaman, T. C. Monog-
han.
9.36 G. W. Tolmie, G. A. Leiper. 9.40 J. F. Robinson, L. A. Caleraft. 9.44 N. K. Lättlejohn, G. H. Bond. 9.48 A. IL. Penn, F. Syme Thomson. 9.62. R. R. Davies, D. S. Robb. 9.56 C. W. F. Booker, R. C. "Law.
A. T. Lay.
ing the emergency, to regulate and An Old Alleynian dinner will be The committee and members of the prohibit transactions in foreign held on Monday, 20th March, nt Institution of Engineers and Ship-
0.00 A. McKeller, J. S. Dykes. 10.04 H. C. Honington, P. S. Grant. p.m. at the Hongkong Hotel builders of Hongkong have issued exchange, transfors of eredit be- Those interested should communicate invitations to a dinner to be held in strated last year when a
convoy 10.08. II.
II. G. tween banks, and the export, with Mr. S. E. Edgar, 9 Queen's the rooms of the Institution on Fri- of four vehicles, namely a 30 ct. 10.12 B. Forbes, I. H. Geare. hoarding, melting or ear-marking Road Central,
day, March 24.
Crossley six-wheeler, a 30 cwt. 10.10 J. P. Sherry, D. Christic.. of gold and silver coins, bullion
Commer four-wheeler lorry, a 16 10.20 L. Goldman, C. W. Bishop. or currency--Router.
Riley Nine motor-car, travelled 10.32 G. H. Bradley, D. Ellis, cwt. Morris commercial van and 10.24 Col. Renshaw, M. J. Turner."
10.28 R Ι. Cherrill, G. T May. from Cairo to Juba, near the 10.30 V. R. Gordon, A. C. I. Bowker. Uganda border, 2,000 miles in 29, 10.40 r. A. Redmond. A. B. Purves. consecutive days.
10.44 R. A. Rodgers, D'A. Weatherbe. 10.48 F. H. Glover, J. Coulthart,
New Course. 0,32 N. 3. and Mrs. Perrin. 9,40 R. C. and Mrs. Wobb, 9.44 X. Atkins, X Thomson,. 9.52 Mra. Atkins, Mrs. Thomsen..
Lee Yue-tin, a contractor's woman) coolie, was injured yesterday through Consul for Nicaragun, is going on Mr. Trinidad E. Lacayo, the local slipping off a plank while carrying leave for about four months, depart a load of earth to an upper stage of ing to-day, and during his hgence London, Mar. 9.
building being constructed at Wing Mr. Federico A. Xavier will be in Authoritative forecasts of Pre-Hing Street. She was admitted to charge of the Consulate. sident Roosevelt's message 10 the Government Civil Konpital..
The return journey by another Congress were closely studied in
The annual distribution of prizes route was equally successful. the London financial.markets to
Lay Pok-kwan, employed at the at St. Paul's Institution, the French Experiments had been going on day. These, together with private Wanchai Fire Station, has reported Convent School, will take place on for many years regarding the Royal advice from New York, confirmed to the police that he mocked down Tuesday, March 21, at 4.30 pm. Efrs. Tank Corps, and it has now been de
more hopeful view of the a woman, Chang Kam, with his A. R. Wellington, wife of the Direc-cided that light and medium tanka American money crisis, and genator-cycle in Pokfulam Road, yes- tor of Medical and Sanitary Services, should be employed in combina- orally a urm tone again prevailed terday, while swerving to avoid has consented to present the prizes tion, Tank battalions had been on the London stock exchange. man who had got into his way. The
During.. Wednesday, aix cases of reorganised on that basis.
巍
victim, who is 78 years of age, is
In the foreign exchange market, now at the Government Civil Hospit-smallpox, one of diphtheria and three quotations moved within a comal with leg injuries. paratively narrow range.-British Wireless.
EXTENSION OF THE MORATORIUM
New York, March 9.
F.
of miningitis (ond, imported) were
NAVAL DEVELOPMENTS. Interesting developments
re-
16.00 J. A. and Mrs. Shaw. 10.08 Miss Whimster, H. N. William
son.
10.16 Miss Laing, Mrs. Bishop.
mates of £53,570,000, included the fly carried out and will be con- following:-
10.24 Mr. Clarke, G. G. Stopani reported to the local Medical Officer corded by the First Lord of the 10.82 E. D. and Mrs. Matthews.
Thomson, [F A picture which could well have of Health. Of the small-pox cases, Admiralty, Sir Bolton Eyres-Mon-
been more widely advertised, "The three were from Kowloon, one from Hot Heiress shown in the current Shaukiwan and two from the Victoria sell, in presenting the Navy Eati bill at the Queen's, holds many a good district. laugh. It is tie
tinued under service conditions in love-story of rivetter and an heiress, and funt to illustrate that there in
At the general meeting of the All submarinos have now been H.M.S. "Guardian." always Hongkong University Engineering equipped with Davis Submarine Oil fuel produced from British The Federal Reserve. Governor harmony in everything, even in the Society to-night, Prof. W. Faid, M. escape apparatus.
coal by low temperature carboni- at St. Louis has announced that the racket by iron and steel structural Se, will deliver his presidential' ad- Special escapa hatches and in- sation is being tried in a number national bank holiday has been operations, the rivetter in love a dress on "The Thermionic Valve." dicator buoys are being Atted to of ships. extended until Saturday morning. een striking a regular aymphony The meeting will be held in Room all submarines.
the instrument he wields. Ben of the University Main Building, with Previously, Georgia, Washington Lyon and Uno Munson perform ex commencing at 8.20
p.m. Al ini State, New Jersey and Oregon had cellent work in this production. terested' are. Invited to attend.
Fifteen capital ships and cruis- Trials of a, boiler of a new ex- era are now fitted with "catapults press type have been satisfactor for aircraft--British. Wireldes.
REAL
MACCLESFIELD
M
HAND MADE
SILK TIES.
We have just unpacked a new stock of Read Hand- Loomed Open End Ties in neat designs and colourings. The Real Macclesfield Tie has no equal as regards wear or perfection in tying-they keep their Shape even when old. There is a vast difference between the real Macclesfield Silk Tie and a Macclesfield weave sold at one third the price. The difference, when once used is always greatly appreciated. They are ideal for a Birthday Gift.
PRICE $9.75 each,
Less 10% Discount for Cash. ́Inspection is invited without obligation to purchaso,
WM. POWELL LTD.
The Gentlemen's House.
9. Queen's Road Central-
Ice House Street Comer.
Why do you suffer?
Remember:
GARDAN
prevents and stops pain. It acts quickly and surely and helps to win many happy hours from life. Obtainable at all Chemists.
B A BAYER
II
10TABLETS of 0.5g=10c73/EACL,
GARDAN
PACERYTHEO
TRADER
S BAYER it is good!
KING'S THEATRE
Commencing To-morrow
TEN PEOPLE...
TEN MILLIONS..
AND A MILLION TO EACH TO DO WITH AS THEY PLEASED!
What Did They Do? What Would YOU Do... With a Million?
Drama Mighty as Its Cast?... Probing All HumanPassion-Greed, Love, Hate, Laughter!
GARY COOPER
GEORGE RAFT
WYNNE GIBSON CARLES LAUGHTON}
JACK DAKIE
If
IHADA MILLION
FRANCES DEE CHARLIE RUGOLES
ALISON SKIPWORTH
W. C. FIELDS
a Paramount Picture
MARY BOLAND BOSCOE KARNS MAY BOSSon
GERE RAYMOND
LUCIEN LITTLEFIELD]
DIRECTED BY Ernst Lubitsch,
Norman Taurog, Stephen, Roberts, Norman McLeod, James Cruze,
RICHARD BENNETT
William A. Scitor, H. Bruce Hum- barstona.