STOP
THAT
LEAK!
THE LEADING PLUMBING AND SANITARY ENGINEERS.
C. E. WARREN & CO., LTD,
China Building.
Tel. 20269:
Supreme
Hongkong Telegraph
FOUNDED 1881
No. 14347
ED WITAŁT WEDNESDAY, JULY
12, 1933. 日十二月五閏
SINGLE COFY 10 DENTE"
· 236.00 PER ANNUM
GOLF BALLS
nplons out of
"The Choice of Champl
Played by
of the SUCCESSFUL
BRITISH TEAM
IN THE
RYDER CUP 1933
WARSHIPS MOVE OUT OF CASTLE PEAK BAY
THIRD PARTY
INSURANCE
THE COMPANIES' VIEWS
REQUIREMENTS TOO SEVERE
the
The adoption of compulsory third party insurance in Colony is affected by the experi-
insurance ence of Home
com-
panics during the two years the new Road Act has been in opera- tion:
Feeling among local agents is that the requirements of the Gov- ernment are too severe for them to take up the business and they are not anxious to touch it at all unless Authority makes some very sweep- ing changes in the proposals.
move is with
thu
The next
·Government and from enquirles at the Colonial Secretery's Office, it appears certain that the draft Bill which has already been submitted to the Hongkong Chamber of Com- merce for thecir observations, will .come up for consideration in the autumn.
- 1.G.P. SUGGESTION. The Inspector General of Police was one of the originators of the suggestion that third party in- surance should be made compulsory In the Colony and it was on his re- presentations. that the draft Bill was made.
An interview with the secretary of the committee of insurance com. pany agents, threw a different light on the proposals.
The secretary said: "A meeting of the committee was called when the matter was first brouched by the Chamber of Commerce and we ah- made certain comments and servations on the draft Bill which was submitted to us.
LIABILITY TOO HIGH.
"The Government's reply, through the Chamber, unsatisfactory, most
Wus still
and
H.M.S. Wishart, which has been watching the movements of the Colony's
warship visitors.
CONFERENCE TO FADE AWAY
ENTERING UPON
PHASES
FINAL
(SPECIAL TO "TELEGRAPH”)
DESTINATION UNKNOWN
WIS
T GOES OUT TO SEA
BELIEVED SEEN TO SOUTH
Interest was re-awakened in the Nanking warships of the Third Squadron, the Yat Sen, Hai Yung and Hai Chou, when at 5.30 a.m. to- day they weighed anchor and steamed out of Castle Peak Bay
Their destination is not known, but one report has been received stating that two warships, pro- bably of the three who spent yesterday at Castle Peak, were ob served on the south side of the island, some distance out, ap-
(By Telegraph. Copyright, Telegraphic Messages Ordinance,parently travelling towards the 1894. Received, July 12, 12.80 a.m.).
LONDON, JULY 11.
north..
H.M.S. Wishart, which spent IT NOW APPEARS THAT THE ECONOMIC the night at Castle Peak, watching CONFERENCE HAS ENTERED UPON ITS FINAL developments, was observed short- PHASE. IT IS EXPECTED TO CONTINUE FOR A ly after seven o'clock this morn FORTNIGHT, BUT IT WILL NOT BE ALLOWED TO ing to come into the Harbour from REALLY LIVE.
Capsuimun and to proceed imme- diately to sen, through Lyeemun Pasu,
EARLY RECESS INEVITABLE
A SHARP REDUCTION IN
T. V. SOONG TO SEE MUSSOLINI
Rome, July 12. Mr. T. V. Soong, the Chinese Finance Minister. who is on his way.to.China,. arrived in Rome at 7.10 p.m. last evening.
Mr. Soong travelled by special train from the
frontier and was met at the station by Signor Suvick and Signor Aloisi.
He is seeing Signor Mussolini to-day.--Reuter.
THE C.E.R. DISPUTE
HARBIN PAPER'S CHARGES
SOVIET BLAMED
PETROL PRICES
CUT OF 25 CENTS A GALLON
EFFECTIVE IN COLONY
IMMEDIATELY
ATTRIBUTED TO
EXCHANGE
Striking reductions in the price of petrol were sudden- ly brought into effect by the major distributing panies operating. in Hong- kong this morning.
com-
As compared with the price of $1,80 per gallon, which has ruled for over a year, the price of Texaco, Socony and Shell spirits has nów been reduced to $1.05.
Questioned this morning, officiala. of the companies maintained a re- Harbin, July 12. |ticent attitude regarding the reduc- The Japanese-owned Harbin had been received from Head Office tions. In each case instructions Times, noted for its extremist to place the reductions into im-
PER
י,
AN END TO CIVIL DISOBEDIENCE ?
More Hopeful Outlook In India
Poona, July 11. Congress leaders to-day conferred with Mahatma Gandhi as a preliminary to to-morrow Congress Party. meeting.
It appears to be certain that the civil disobedience. campaign will be suspended. and replaced by a construc tive programme. If so, it is possible that the Covern- ment of India will mitigate: its attitude towards the release of some of the pali- tical prisoners-Reuter,
SILVER OUTLOOK BRIGHT
LATEST POSITION IN LONDON
(elegra;
(Special to Telegraph")" (Dy Telegraph, Copyright. fesses Ordinance, 1881 – Received, 17, jo atJ:
London, July 11:
It is learned that considerable headway is being made in the pre-
The Anglo-American struggle to obtain the fullest continuation failed, except to the extent that they have forced the gold standard bloc to make one' concession; The official explanation of the views on the Chinese Eastern local offelals, no explanation was GOLD PRICES UP
Wishart's movements is that she Railway issue, suggests the re- forthcoming, namely, discussion of central bank co-operation.
The outstanding possibilities lie in early concretes on patrol, although it is not in-call of the Manchukuo delegates. It was pointed out, however, thats
conceivable that part of her duties to the Tokyo Conference.
exchange on New York was now 32 achievements benefitting wheat and silver.
|nominal, as compared with 203⁄44 at as a patrol ship is to watch the
The journal declares that no the beginning of the year, and, movements of foreign warcraft in good can come of further discus-doubtless, this was the primary the vicinity of Hongkong waters.
sions, asserting that the existing cause of the reductions. It is possible, therefore, that if deadlock in the negotiations is
SOVIET OIL DENIAL: the report from the Peak that the the result of the insincerity of the The Monetary Commission com-discussion of the subject of i-Chinese warships were travelling Soviet representatives in connex promised on-the-agenda, by agree-commission dealing with permanent towards the north is correct that ion-with the price and the owner- it was likely that the companies Japan and Australia have oce had been influenced by the been invited to enter into the ing to discuss more or less non-measures should take up the resolu- the Wishart will again pick them ship issues.
possibility of competition from agreement, if they desire, as smal controversial subjects, which tion adopted by its sub-committees up.
Commenting upon what it calls Soviet interests. It was pointed scale producers, on central bank co-operation and on not affected by currency
no in- the sabotage on the C.E.R. by the out that the Soviet had the creation of central banks in
It is notable that while the Soviet administrators, it declares stallations or tanks in Hongkong, Monetary Commission of the Con that the unceasing ignoring of the and, as far as was known, they ference has suspended activitie Manchukuo officials is preventing had no intention of building in on most items on the agenda, I amleable administration of the the Colony.
.is unanimously agreed that the rafway and states that the con- tinuance of this policy will result in relieving the Soviet administra tors of nil authority,-Reuter.
we are
debtedness and that the second sub-
wrote back to that effect. We Instability, with the expectation certain countries where they do not are still waiting for a reply from that when these subjects are ex-exist and to pursue through its sub- the Chamber and when we get that
question of silver and other sub- we shall submit it to the Accident hausted, in about a fortnight, the committees the examination of the Omees Association, representing Conference will go into Recesa-jects on the agenda which may by be considered the Home Companies, and act on
|U.P. Courtesy, Gold Bar Company. general agreement
suitable for discussion. their advice.
"There were a number of things WORK FOR A FORTNIGHT.
THE SHIPPING SUBSIDIES, we objected to in the draft among which was the chief lability of
The sub-commission on subsidies for $100,000
public service vehicles, and $50,000 for all other general opinion among the delegates for merchant shipping, in con- classes of vehicles. This we con- to the Work Economic Conference formity with the decision of the is that there are a sufficient number Bureau, decided to-day to appoint a sidered far too high.
of subjects to occupy the attention rafting committee to draw up a re- of delegates with some hope of an port embodying the different points "There was also a suggestion agreement within the next fort-of view put forward its discussions that to underwrite the business night. the insurance companies should
HEAVY DEPOSIT.
IL
How
seen's
London, July 11.
clear that the
The drafting committee is composed of the representatives of France,
It is anticipated that a plenary Italy, Japan, Norway, the United
SENATORS BEATEN AGAIN
BUT
YANKEES WIN
GIANTS. NOSED OUT
New York, July 11. Washington Senators lost further New York Yankees, now hard on their heels in the fight, for the ponnant, nosed out St. Louis.
The New York Giants, lenders In the National League, suffered
make a deposit of $150,000 in ad- Session of the Conference may then Kingdom and the United States.-valuable points to-day, whereas the dition to the high deposit that be convened and that its further British Wireless. companies have to make before work will be adjourned, if neces- they can start business at all. Bary, until the Autumn. This further deposit the Govern- Most important of several of to- ment are asking for is too onerous day's private meetings was that of and is not justified by the busi- the Conference Bureau which had nces we could do. There are only before it the report of the drafting
New Flats
about 4,000 cars in the Colony, committee on the work of the two on Prince's
"The Home companies have a sub-commissions of the Monetary very unfortunate experience of Commission of the Conference. third party insurance since it was The first of these is dealing with! made law two years ago and wo immediate financial measures and would rather wait a while and see other with permanent financial men- how they get on. The question sures..
REPORT ADOPTED. of premium has not been touched upon yöt and everything depends
After a brief sitting of the on what the Government says to
Bureau under the presidency of Mr. the Chamber of Commerce.
Ramsay MacDonald, the report was adopted.
Estate
A MODEL OF THEIR KIND
"Of course if the Government choose to force the issue and
It recommended that the sub could not agree with us about the commission on immediate measures premium we should have to drop for financial reconstruction should the whole business. We are only proceed in the first instance to his own Duchy of Cornwall estate agents to the Home companies and have to be guided by them.
DISARMAMENT
CRUSADE
MR. HENDERSON BEGINS TALKS IN PARIS
hur Honderdon;
London, July 11, The Prince of Wales this after- noon oponed two blocks of Lon- don's most up-to-date works' flats, created on wasto ground on his
nt Kennington.
The Buildings, which are re- jence, to-day.opined disarmament conversations in Paris with Mon-garded as a model of their kind, Blour Daladler, the French Promiorare in the form of a square, with balconies round each floor, and and Monalour Paul Boncour, the
gardens in the centre, Foreign Miniator.
It is understood that discussion The design, adopted, at tho contred on the international con-special instance of the Princo, in- trol of armaments, including those cludes tiled froplaces, hot-water
another reverse, St. Louis,
their closest rivals nosing them out.
Scores
ns cabled by Reuter Iverc:-
NATIONAL LEAGUE.
Pittsburg Boston
Chicago Brooklyn
St. Louis
New York Cincinnati Philadelphia
H. E.
පිට - පසන්
10
KOH ON DU HÒ
AMERICAN LEAGUE..
Washington Chicago Cleveland Philadelphia
I
0
10
6 10
1.
Boston Detroit New York St. Louls
(Lazzeri and Walker, homored for
manufactored in privata. factories in bathrooms and washable walls, New York and Campbell-for-St As authorised by the General Com-Three-room ftate will bo ranted Louis) mission of the Disarmament Con-int fifteen-shillings weekly and ference, Mr. Henderson will later the larger flats at a pound. The mkalde almilax, panxargallong, in buildings will houro ninety-two Prost other European capitale, Bittich painter-And-> (16-
or Wireidari ARA
floodlit 'atinishtang
AN UNUSUAL CHARGE
"PUBLIC MISCHIEF"
י.
In all cases an emphatic denial paration of the silver rehabilita was given to a question whether tion agreement.
Competition from Soviet oll sub-commission on permanen was encountered chiefly in Shang measures shall concentrate its nt hai and Japan, but owing to the tention upon the silver, question. inferior quality of the product, It had not assumed serious pro
GOLD PRICES. portions.
A message from Washingto The reductions which were
states that following an appeal by brought into force in Hongkong Senator Adams (Colorado) fo this morning were applied in Permission to export newly-mine Canton last week, and have been tain the twenty per cent. premiur gold to enable producers to ob in force in Shanghái for some now prevailing in London, time now.
BRITAIN AND RUBBER
SUBMITTED
London, July 11-
understood. that President Roose valt is considering the issue, an it is indicated that he may mak some adjustment of the gold em bargo, s
Gold was quoted In London to day at 1248. 10d, per troy ounce the highest this year represen Ing a rise of fourpence overnigh
MANAGING DOLLAR.
It is learned from reliable sou ces that President Roosevelt bé
Tsang Pui, 31. umbrella repair- er, appeared before the Magis- trate this morning charged with "effecting a public mischief by causing officers of the District Watch Force to devote time and services on the investigations of false allegations, thereby tempor- NO NEW PROPOSALS arily depriving the public of the services of the officers and rendor-1 ing one Chow. Mo-ning ilable to suspicion, accusation and arrest.
The Colonial Secretary, Sin ordered a Burvoy of ways wan The charge, brought under Com- Philip Cunliffe-Listor, in the means of managing the currenc mon Law, is the first of its na House of Commons stated that no to prevent violent fluctuations ture in the Colony, it is under further proposals on the subject of the dollar in purchasing powe stood.
rubber had been made to the Bri simultaneously keeping the po Detective. Sub-Insp. McEwen tish Government since March of chasing power, of the dollar at said that Det-Inspector Elston is last year, when a joint British satisfactory lovol.-U. P. Court?” in charge of the case, and asked Dutch Investigation led to the Gold Bar Company. for 48 hours', remand.
NEW STRENGTH. Mr. Wynne-Jones-It will be a rather interesting case from the legal viewpoint, I think,
Hearing was fixed for Friday at of rubber.
11.46 a.m.
GANDHI - REPORT DENIED
AN INDIA OFFICE COMMUNIQUE:
London, July 11. The India Ofoe has issued the following official communique ShangThere is no foundation whatever the 14th
that Mr. Gandhi had written to the
conclusion that it was Impossiblo under the existing conditions, to frame and operate International scheme guaranteeing effective ro gulation of production or expert
New York, July Lis The dollar continued to gath trongth this afternoon and lo ed at 4.65%. The market waŁYO. The Committee of the World are reported to be selling sterif nervous. Several Now York bað Conference had already given and although the amounts careful consideration to the gen-small relatively, they affected oral conditions requisite if a scheme for the co-ordination of rate owing to the thinness of
market-Reuter, production was to be practicable.
-British Wireless, :
DROWNING INCII Vicoroy seeking an Interview un-
A and apolitont conditionally and stating that the
the Viceroy had replied that he was not prepared to consider any Buchare quests as long as Congress allered to the policy of civil disobedience
the equestahmi S3* V