PLUMBING
Hongkong Telegraph.
C. E. WARREN & CO., LTD. China Building, Hongkong.
FOUNDED 1821 No. 110a.
·五拜禮 魏八七月七英香
FRIDAY, JULY 28, 1933.
日六月六
BINGLE GOFT is CENTS $30.00 PER ANNUM
DAVIS CUP
THE CHALLENGE ROUND
6TH YEAR
DUNLOP
gain chosen.
REMARKABLE BRITISH EMPIRE MANIFESTO
FALL OF THE HAMMER
W.E.C. SESSION
ENDED
PREMIER ON THE
FUTURE
London, July 27. With a single knock of the hammer, Mr. Ramsay MacDonald declared the session of the World Economic Conference ended.
The delegates trooped out after, Mr. James Cox, on behalf of the Conference, thanked His Majesty for opening, Mr. MacDonald for his able presidency, and the British Government for their generous hospitality.
.
Mr. MacDonald and Mr. Neville Chamberlain briefly replied.
MACHINERY ALIVE.
In his final speech, the Premier Buid:-
"At this point we adjourn not because we are defeated or dis- couraged, but because the com- mittés require a little longer to continue their deliberations and to consider their conclusions. You will therefore please consider the resolution as keeping the machinery in being, instructing your Bureau. to remain in active life. To ensure that the activity may be more vital, your Bureau will appoint an Executive Com- mittee of various chairmen and rapporteurs who have been guid-| ing the work since the conferenco opened.
As Président both of the Bureau- and of that Executive Committee,
L
Ultimate Return to International Gold Standard
ROOSEVELT
GREAT PROSPERITY NO FAITH IN U.S. THE
POLICY
ENDORSEMENT OF THE
OTTAWA FINDINGS
PRICE-LEVEL ISSUE
LONDON, JULY 27.
ALL BUT THE IRISH FREE STATE DE- LEGATE, WHO HAS REFERRED THE MATTER TO DUBLIN, PARTICIPATED IN A REMARKABLE STATEMENT ISSUED TO-DAY BY THE EMPIRE DELEGATION TO THE WORLD ECONOMIC CON- FERENCE.
The declaration expresses satisfaction at the result of the Ottawa Agreement and restates its prínciple con- cerning the raising of wholesale prices which policy it considers the Commonwealth should puraue (within the limits of sound finance) until evidence that equilibrium has been established, when the position could "be stabilised.
The declaration reaffirms the Ottawa policy of
the
PROSPERITY RECOVERY
DRIVE
Akibakky-
1-20
THE GRUNDY REFORM LEAGUE GETS ITS WAY ABOUT OUR LOCAL CABARETS.,
ultimately re-establishing international gold SINGAPORE
standard and expresses the opinion that future sessions, of the World Conference must give prominence to this.
Meanwhile, the delegation recognises the impor- tance of seeking stability between Empire exchanges in the interests of trade.-Reuter.
I promise this work will be done INTERNATIONAL MONETARY PROBLEM
as quickly as possible. I can give no dates for the essential part of work is to be intricate and a number of opposing views and proposals will have to be examin-
cd.
CHALLENGE TO MAN.
"My fellow 'delegates
that
and
The following announcement operate with other nations in any was made this evening-on-behalf practicable-measures-for-raising- of the British Empire Delegations wholesale prices. attending the World conference:
"Now that the World Economic and Monetary Conference has ad-:
SOUND FINANCE.
BASESHIP
QUESTIONS IN THE
COMMONS.
COST OF H.M.S. TERROR
--London,-July-27.- The decision to send the moni- for, H.M.S. Terror, to Singapore
ANOTHER DEFEAT FOR BOWLERS
Hongkong Players In
Poor Form
(Our Own Correspondent).
(D) Telegraph. Cepyright, graph Messages" Ordinamos, -1874- Received, Jal
25. 5.03 )
London. July 27.
At liford to-day, a Hong- kong lawn bowls team of four rinks, played, the Ilford and were Bowling Club defeated by 93 shots to 58. -Reuter,
"They agreed that rise in journed the undersigned delega prices could not be effected by was the subject of questions in myself, however, share the viewtions to the British Commonwealth monetary action alone since the the House of Commons to-day.
of things consider it appropriate to put on various other factors which com- the conditions
record their views on some of the bined to bring about the present
Replying to Mr. Cocks (Labour), which we are facing such as us more important matters of finan-depression must also be modified who asked for the reasons employment, bankruptcies, unba- cial and monetary polley which sources-is a challenge to the were raised but not decided at the ass removed before a remedy is sending the vessel as a base-shin U.S. PLANS FOR
lanced budgets, undeveloped re-
conference.
It was
for
indicated that Eyres-Monseli, Firat international action would be Lord of the Admiralty, said that wisdom of man and very largely "Daring part of the conference needed to remove various, non-; the development of the naval base to the capacity of Governments. they have had the opportunity of
"The impossible we cannot per-consulting together and
review-monetary factors which were de- and its defences had reached the [pressing the level of prices. In stage when presence of a base. form. But we are convinced thating in the light of present day the monetary sphere, the primary ship was required as in the case there is a very large field which conditions the conclusions arrived of action towards a rise in of other basen, is not yet explored and cultivated.at at their meeting at Ottawa in prices was stated to be the crea Therefore I bid you adieu in the so far as they had reference firm conviction that before many issues before the conference. months I shall welcome you once? again."Reuter and British Wire-
Ja
Juss.
YOUNG MARSHAL IMPRESSED
FRENCH FIGHTING
SERVICES
He added that one of his aime
to
The complement of H.MS. Tor
of thirteen tion and maintenance (within the ror would consist limits of sound finance) of such officers and 202 men. while the conditiona ns would assist in the cost of the voyage to Singapore revival of enterprise and trade in- would be £3,190, The undersigned delegationscluding low rates of interest and
BENEFICIAL,
COTTON
AMERICAN TRADERS MYSTIFIED
New York, July 27. The Government's announce- The maintenance of the ship ut ment of plans to purchase cotton certified that the Ottawa agree an abundance of short term Singapore was estimated to cost futures has surprised most
intout £13,900, per, annum, exclud- traders.
ing the pay of the personnel.-- Reuter.
ments have already had beneficial
provided for in the Ottawa agree-
money.
C11-
PRESIDENT'S SON
· REMARRIES
The opinion is expressed that the purchases are probably con- nocted with the liquidation of production loans and preparations by the Administration to complete
CAMPAIGN LAUNCHED
ENCOURAGING
RECEPTION.....
RECOVERY BY PERSUASION
Washington, July 27.
A tremendous drive to launch a big prosperity push in the United States was commenced to-day.
EFFORT
WHEAT ACREAGE RESTRICTION
FARMERS TO GET BOUNTY
Washington, July 27. "An indication of the Govern- ment's efforts to reduce the pro- duction of wheat to the level of requirements for domestic pur- poses is contained in a statement
issued by the Secretary of Agriculture.
The announcement says that whent production allotments total- ling 456,198,000 bushels for next year will be used as the basis for the bonuses to be paid to farmers - agreeing to reduce their acreage
up to twenty per cent.
BOUNTY, TO BE PAID. Newspaper appeals, nationwide four per cent. of the average pro The allotment represents fifty- broadenat messages and street duction of the United States over. corner orations were all exploited a period of Ave years.
in the drive, while a fleet of nero-
planes distributed seventy-seven their acreage will be paid a bounty Farmers agreeing to reduce. million blank forms to employers of twenty-eight conts a bushel on in all the States,
the allotted production, from The whole country was
also money to be provided from the. flooded with a great "recruiting" general processing tax on millers. poster.
Meanwhile, it is stated that the Chevrolet Company at Detroit have increased the hourly wages
—Router.
LONDON ADJOURNMENT...
London, July 27. While no agreement has ye of their forty thousand employees bean reached, there are reasonable by ifteen per cent. while in order prospects that present difficulties lo permit full co-operation in will be adjusted if further consulta President Roosevelt's programme, tions are arranged, states an the Governor of New York State offcial communique concerning has asked the State Legislature to the wheat restriction discussions suspend the anti-trust-laws,
It is unofficially estimated that thanks to the rise in grain prices, the cash income of the farmera in June was thirty-seven per cent. greater than in June, 1932.— Reuter,
FIRST REPORTS..
Later.
which have been adjourned unti! August 21.
The adjournment has been decid ed upon in order to give the dele- gates an opportunity to consult with their governments.
CO-OPERATION, HOPES.
co-
The four overseas-exporting countries have reached an agree zent in principle on how to The first reports received by oparate in the proposed Wheat Plan.. Brig. General Hugh Johnson in-and have reached an understanding dicate a strong response to Pre- with the Danubian countries con...
cerning the latter's participation in sident Roosevelt's appeal.
the scheme.
One hundred and fifty agree- Negotiations aiming at Russian ments were signed before noon co-operation are also being con- at. Portland (Oregon) where em-tinued.-Router... ployers. formed in queues in order to sign the code.
San Francisco reports 8,500.) signatures, St. Louis only 193.- Rouler.
CHICAGO PRICE SOARS,
Chicago, July 27. Excited buying caused a sharp rise in wheat to-day, the price soar- ing seven cents a bushel on opening to-day following reports of a fur- ther probable deterioration of the
SUBSIDY FOR Canadian crop--Router.
SUGAR
SURPLUS FOR FAR EAST.
Washington, July 27.,
The Chief Administrator of the Parm Relief Act has indicated that he is considering assisting.
EXTENDED IN BRITAIN wheat growers on the Pacific coast
FOR A YEAR
CONDITION
the acquisition of a sufficient RATIONALISATION supply of spot cotton of futures to fulfil the option contracts in compensation for the abandonment of acreage by the farmers.
to export their surplus grain to the Orient-Reuter
A SETBACK FOR RUBBER
NEW - CONFERENCE - NECESSARY
effects on many branches of inter- imperial trade and that this pro- INFLATION DEPRECATED. posal ja likely to continue as the
The Inflationary creation of nd- purchasing power of various couional incans of payment to tries concerned increases. While there has not yet been sufficient finance public expenditure was de the Precated and un orderly nonetary time to give full effect to
safe-f various agreements made they are polley was demanded with convinced that the general prin- guards to limit the scope of vio-] Paris, July 27. ciples agreed upon
are sound.ent speculation movements of
London, July 27. "I have formed a high opinion The undersigned delegation reaf-commodities and securities. Since
It is understood that, about The British subsidy on sugar 2,300,000 bales will be necessary molasses
from of the French fighting services," firm their conviction that the low-then the policy of the British NO FAMILY OBJECTION
manufactured TO WEDDING ering or removal of barriers be- Commonwealth has been directed
to cover these options, while it is homegrown beet, which lapses desinred Chang Hsush-liang, in antween countries of the Empire to raising prices.
The undoraigned delegation notu
reported that cotton secured by the on September 9, 1924, is to be
The Hague, July 27. Burlington, July 22 address to the Press to-day. ---
agricultural adjustment adminis
Objections which arose to tha ment will not only facilitate the with satisfaction that this policy Miss Ruth Googin of Fort Worth tration from old crop holdings, continued for a further twelve Anglo-Dutch rubber-growers 2580- Referring to Franco-Chinese flow or goods between them but has been attended with an
and Mr. Elliot Roosevelt son of through negotiations by the farm months.
ciations, restriction scheme at relations, he declared that they will stimulate and incronso the couraging measure of success, were growing closer dally.
The Minister of Agriculture, this afternoon's between Dr. Van trade of the world.
"For some months indeed, it had the President were married at 6 credit administration, totals about to encounter obstacles arising o'clock this evening at the home 1,000,000 bales.
making this announcement in the der Waale, the head of the Econo- It had bean expected that the House, of Commons, anid that the mail Economic Section of the Co- from the continuance of a down-of Mr. and Mrs. George C. Swiler. ward trend of gold prices, and Immediately after the ceremony reminder required, namely, about subsidy on sugar would continue lonial Office, and a delegation rapid communication between!
The delegation now desire to during that period the results China and Europe.
draw attention to the principles achtered were successful in rats which was read in the presence of 700,000 bales would be acquired at the present rate of 78d, per cwt from the Dutch Rubber Gowers' No subsidy would be paid on Association, may necessitate-fur- relations noar
and Intimate from the owners of Sood Loan Chang Haush-liang and Dr. of monetary and financial policies
Mrs. Elliot cotton and there a much un molasace while the world price of ther deliberatione. Wellington Koo had previously which have emerged from then the prices of Empire curren- friends, Mr. and
cles relatively to. gold prices. Roosevelt left for the West but certainty in trade oircios na to just raw sugar exceeds 72d. par cwt. the
how the operations may be but a subsidy equivalent to 1%d. It is possible, indeed, that a their destination was not an- | handled.—Reuter...
per hundredweight of sugar would complete revision of the plain of the utmost importance for coun-
nounced.
be payable for each panny by muy become necessary, tries within the British Common- In the last few months, the per-
Such revision will doubtless, Mr. Roosevelt said after the Lee Man; a house-painter's ap- which the price of sugar was be wealth. The following embody slatent adharonce of the United TYPHOON WARNING their views as to the principles of Kingdom to the policy of cheap wedding that his father had fully prentice, was injured yesterday by a low 72. until the prosent maximum take some weeks as it will be ne
approved and indicated there was tall from a stage-plank on which he policy which they consider desir- and plentiful money has
tween the British and Dutch in-2 A typhoon warning was posted Ottawa Conference, the Govern the more favourable conditions which took place a week after ever it does under construction at The decision was based upbit antorests
able for their countries. At the been increasingly effective under no family objection to the wedding was standing on the second floor subsidy of 109d, per owt was ossary to reopen negotiations bes understanding with refiners and At the conclusion of thoro dir this, murning at 9.00 am, to the ments represented declared their that have been created for a time by Mr. Roosevelt was divorced from
beet sugar manufacturers Jointly cuasi offect that a typhoon was contred vlow that the rise throughout the the change of policy of the United Mrs. Elizabeth Donner Roosevelt
decision after con scalded yesterday, when:sho "collided within 120 milta of Latitude 18 world in the general level of States and by the fall of gold formerly of Philadelphia. Loung Lau, aged 6 was overly to submit a marketing scheme and vert
The bride's mother and the wholesale prices was in the high prices. Taking the whole porlod
with another inmate who, was carry to cooperate a development scheme in CH and Longtitude 127 E, moving cat dorso desirable and stated from 29th June, 1992, Just before bridegroom's winter. Its Curtis Inga kettle of boiling water. She forespurpose of
W.N.W. direction
that they were anxious to co(Continued on Page 7) B. Dall were among the wedding was admitted to the Kowloor klarera
was to study the possibility of
FINANCIAL POLICY.
bean M. Paul-Boncour's guests at work of both the Ottawa and a lunch in honour. of Mr. T. V.world conferences and which are Soong-Reuter,
cheap money.
Luard Road,
reached..