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or
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Library, Supreme
Hongkong Telegraph.
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Tel: 20269.
No. 14103
FOUNDED 1881 # +ALAWT THURSDAY. SEPTEMBER 14.
1933. A#ABINGLE COFY 10 GENTS
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ONE OF
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DIRECT INFLATION TO BE THE LAST RESORT President Worried by Slowing-Up of Recovery Drive
CATHEDRAL APPEAL
The Latest List of COAL MINERS ON
Contributions
The following additional donations to the St. John's Cathedral Restoration Fund have been received;
Anonymous Miss N. W.
combe
Bas-
Mr. & Mrs. W.
Waddington Mr. & Mrs. C. L.
Sandes
Mr. & Mrs. 8. H.
C. Hallowes.
F. H. Clover
T. M. Gregory
H. M. Evans
Previously
STRIKE
$ 50 NEW EMPLOYMENT LESS
50
25
NNNN N N
acknowledged 2,045
$2,290
ANOTHER TYPHOON
TRAVELLING THIS WAY
BUT ABOUT 1,000
MILES OFF
Another typhoon may be threatening the China coast in the vicinity of Hongkong within the next few days,
At the moment the disturbance
THAN EXPECTED
PRICE CONFLICT
'WASHINGTON, SEPT. 13.
AMERICA'S BULLISH CONFIDENCE IN THE TRIUMPH OF THE 'ROOSEVELT RECOVERY PROGRAMME HAS RECEIVED A SERIES OF SHOCKS, AND THE FEELING THAT THE SITUA- TION REQUIRES A THOROUGH · OVERHAUL IS NOT CONFINED TO FOREIGN · CORRESPON- DENTS..
President Roosevelt is now reported to be very dissatisfied with the slow rate of the increase in employ- ment since the beginning of his recovery drive, and he also feels that farm prices are lagging too far behind the rise in general prices.
He wants a further increase in farm prices by at least sixty per cent.
Inflation on a large scale is thought in some quar- ters to be imminent, but those closer to the President be- lieve that he is still determined to keep direct inflation as a last resort.
EVEN GOOD SIGNS SUSPECT
It is stated in the highest banks will be the onca to suffer. quarters that the President is
Twenty thousand miners are on strike in West Pennsylvania to-day following the delay of the- owners is signing the Coal Code. Photo taken in the heart of the coal district, Edenborn, shown
scrow a month ago when plekats were out to prevent "blacklegs” from going to work.
THE
ST. LEGER
BLACK DAY FOR BOOKMAKERS
TWENTY-FOURTH "DOUBLE
DISARMAMENT NEW DUTCH
DOUBTS
AMBOANGLO-FRENCH
CONFERENCE
London, Sept. 14.
The Prime Minister, who Is at Scotland, is expected to re- turn to London on Sunday eve ning.
has always been one of the Conference.j
the
TARIFFS
SEQUEL TO TRUCE
TERMINATION.
ALL-EMBRACING DUTIES
EUROPEAN FLOGGED
ADMIRAL EVANS OPENS INQUIRY
has
NATIVE CHIEF SUSPENDED.
Capetown, Sept. 14. Vice-Admiral E.R.G.R. Evans arrived in the heart of the Bamangwato Reserve in Bechuanaland, with his escort of Marines, and has set up a Court: of Inquiry into recent events at Palapye Roads, near the railway..
The European who was flogged was a man named Macintosh, who was living within the native reserve,
Tshekedi, the chief of the Bumangwato Tribe is alleged to have been mainly responsible for the flogging, which was or dered by a native court.
ALLEGATIONS BY CHIEF. Allegations and -representa- tions by Tshekedi as regards Ma- cintosh's character were ignored by the Court act up by Admiral Evans, but after hearing the evidence of Macintosh. It was in- timated, that he would be prohi- bited from living in the native reserve.
In the meantime, Tshekedi has been temporarily suspended from the chieftainship of the Bamangwatos and is virtually unller open arrest.
Tahoked omphaalaed in ad- dressing the court, his loyalty to the King.
POWER TO CURTAIL EXPORTS
Dutch East Indies Ordinance
The Hague, Sept. 19.. New import duties of five per Admiral Evans is the acting is out in the Pacific some distance putting the full wolght of the
FIRST OPEN PROTEST.--.
London, Sept. 13. On Monday morning he will be¡cent, on manufactured goods and High Commissioner for Bechua- cast of central Luzon, its position government behind the banks,
A real Yorkshire roar visited by Mr. Norman Davis, the twelve per cent. upon luxury naland Protectarate. Reuter. being about Lat. 16 N. Long. 130 E. which he expects in return to ex-suel us is envisioned by the Ad- from three hundred thou-United States delegate to
They contend that liberal credit
articles, have been authorised by It is travelling W.N.W. in the tend to email merchants the credit ministration and credit extended sand throats greeted the Disarmament Conference.
the Low House, together with a general direction of Hongkong, al-necessary to enable them to carry on sound banking principles are though it is about a thousand miles on until they can cover the in-two different things.
further turnover tax on the victory of Earl Derby's During his visit to London at manufacture category of goods away this morning..
With the continued fall of rain by increased sales.
creased costa.imposed by the codes The first open protest came from Hyperion in the St. Leger the week-end-he-will-also- discuss and ten per cent. on the second
certain questions connected with the water situation has further im- Even signs of recovery hitherto Chicago banks which are members
The Derby winner was a red-hot the work of the
category. Disarmament proved on the Island. A total fall regarded as favourable are now there,
of the clearing house association
favourite and the win was highly | Conference with Mr. Arthur It is estimated that the new of 40 million gallona has been re-suspect. It is stated, for instance, corded during the 24 hours ending that the freer public buying Ining the Government to postpone
They adopted a resolution urg Popular also because Lord; Derby Henderson, the President of the taxes will yield about 85,000,000
guilders annually, this morning, bringing the aggredicnted in the official returns of the enforcement of the deposit staunchest supporters of the Turf Mr. Norman Davis will leave stuffs are not affected by the new Raw materials and some food- gate storage to 1,785 million gal sales by the department stores is lons. The total capacity of the nnot reflective of increased pur- of the country and of its banks, in the St. Leger and It was a very will probably participate in the
It was Lord Derby's fifth win London for Paris next week and taxes. Island reservoirs is 2,387 million chasing power but is largely shows greater improvement.
"It will be recalled that Holland
Amsterdam, Sept. 14. — .gallons.
Black day for the bookmakers.. attributed to a fear of higher]
latar stages of the Anglo-French recently announced its denuncia-The Dutch East Indies -Coun- It is not expected that there will prices in the future,
The resolution which met an im- Hyperion became the twenty disarmament conversations there. [tion of the tariff truce, in conse-cil severely criticise the Ordin- be any alteration in the existing
mediate response throughout the fourth horse to win both the The British Government will be quence of the failure of the World ance empowering the Governiment restrictions for at least another
country declared that the law was: Derby and the St. Leger, and he represented at these conversa Economic Conference to achieve to restrict the exports of nay week even if the rain continues to
Repercussions of the apparent ing good banking in order to make Gainsborough.
radical and tantamount to penalin-emulated the fent of his siretions, which will begin on Mon-useful results. fall.
article, as rendering possible the Holland has hitherto been noted Introduction of restrictions on slowing-up of the effects of the good the losses caused by bad
day, by the Under-Secretary for recovery drive are being observed management.
Thor, the French challenger, Foreign Affairs, Captain Anthony for one of the lowest tariff walls in rubber exporte with consultation looked beautiful adid. Hyperion Eden, who, accompanied by Mr. Europe, with the result that sur- with the People's Council
Alexander Cadogan, Minister-pluses have tended to gravitate in as they rode up for the start, but did not run at all well, Even Designate to China, is expected her direction-Reuter. Hyperion's time was not good con-
to leave London on Sunday,
UNDERSTANDING needed.
All reservoirs are full to capacity on the mainland.
AUSTRALIAN · CATCHES TARTAR
“SLUGS" JACK DEMPSEY
REPERCUSSIOUS.
in various quarters.
They include the resignation | (from the Presidency of the Ameri-
guarantee law until the condition
POSTPONEMENT SOUGHT.
is
Unless this insurance plan can Iron and Steel Institute of Mr. postponed thousands of banks will sidering the good going. R. P. Lamont, who declares that be compelled to close when the law |
the practical immediate demands becomes effective in January, ac-
facing industry can best be met cording to the resolution.
The Aga Khan's St. Leger, luck held, Felicitation being a worthy
by men familiar with vast details. Other banks have had represent-second, beating Lord Durham's
Mr. Ickes, the Secretary of the atives in Washington seeking a
Scarlet. Tiger, the stable com Interior, has ordered an investi-postponement,
panion of the winner, when I gation into reports from various The general contention is which seemed likely to be runner up jarena of a petrol price war, banks that are loosely managed | Reuter, · San Francisco, Sept. 14.
The Administration has issued should not be permitted to operate when Altra couse wrestling vil prices immediately unless the
The Australian boxer, Grimes, warning that it is ready to fix and those following good banking during a boxing match at San industry keeps its house in order Bernardino, "alugged" the referee, but caught a Tartar.
The referee happoned
to be
COAL STRIKE,
precedure should not be compelled PRINCE'S HOLIDAY to provide an immense Insurance fund to protect depositors.
The Government has been very It is learned from Pricedalo that firm with regard to the deposit following the declafon of the question 1- tja learned that the
ENDS
A fear, is generally felt in the European markets that the Ordin- anco le anticipatory, so that tho
UNEMPLOYMENT IN Government will be in a position
GERMANY
INDICATIONS. OF REVIVAL
The need for a clear under- standing between the two countries on certain aspects of disarmament before the meetings are resumed at Geneva is fully recognised in London and it is
There was a welcome decline in anticipated that in. next week's the number of unemployed in Gor ments will receive particular at- sons being absorbed into employ conversations the question of the many during the second half of international" control of arma- | August, no less than 207,000 par-
tentioni
to impose restriction immediately an agreement is reached with. Britain as regards the control of supplies-Router..
Capt. Paul Koenig, war-time commander of the famous German has died at the age of.06. sen raider, the U-Boat Deutschland,
ment between August 15 and the STOP PRESS
Full details of the French pro- end of the months Wran posals for effecting such control' In view of the improvement of
Jack Dempsey, who promptly punnsylvania conl-minera to go on Treasury ... consider the pro-/RETURNS TU. LONDON | are not yet known and the talks the figures in England, where half |
knocked out Grimes.
After removing the unconscious boxer from the ring, Dempsey, loudly cheered, announced that) the result was a draw.-Reuter.
KING FEISAL'S FUNERAL
Sir Francis Humphrys to Represent King
London, Sept. 13. ;
signed by the employers, twenty of the law and report to the strike until the coal code has been posal to postpone the application. thousand men have already down-President... ed tools.-Rueter.
Meanwhile, there are reporta that the Administration may have a. "bonkers' rebellion" on its hands before the end of the year because of the now law requiring banks to guarantee deposits.
Bankers in all parts of the coun- try are protesting against the law
H.M.S. TERROR
COMMISSIONED AS-
BASE-SHIP
in view of the fact that President H.M.S. Terror, a
monitor-type
Boot na naked the banks to warship, which is to become the
extend liberal credit to industry base-ship at Singapore, was com
FROM BIARRITZ
London, Sept. 13.
will to a large extont be explora- million unemployed have gone tory.
[back to work since the beginning.
slump is over.
Germany, however, has still
#
New Orleans, Sept. 13. Three hundred police and thirty bloodhounds scorching for tho
At their conclusion, Captain of the year, hopes are expressed Eden will probably return to that the world has turned the The Prince of Wales; who has London to report before proceed-canor and that the worst of the bean spending his holiday private-ing to Geneva where the League. ly at Biarritz, left Paris on his re- Council will meet on September vast army of workless, employed at convicts who escaped from Angola turn to London this aftorugon.
Unfavourable wonther condi tions necessitated the cancella tion of the Prince's original plan to fly home from Le Bourget British Wireless.
in order that all manufacturers missioned at Devonport for this SIR JOHN SIMON AT may join fully In the Industrial purpose on Tuesday. She is sall- recovery programme,
ing for Singapore shortly."
The bankers any they would be Sir Francia Humphrys, the Bri glad to extend such credit were it.
BALMORAL
22nd-British Wirelons `-
FRENCH DEMAND.
GUARANTEES JARAN KUEN
French manoeuvring in the dis armament question is watched here with some resentment. It is point ad out in political circles that while the French Promier, H. Dalndfor
4,128,000 registered unemployed the end of August. Router. -
establishment of a control of arma nants be proceeded by some special arrangements.
A FRENCH VIEW... The French journalist Jacques Bardoux, sponsor of the Association Francaise de la Barre in his publica-
In his last foreign-political speech tion Ze Capital takes issue with
tish: Ambassador at Iraq,, will re-not for the new Glass-Steagall Jaw LOCAL DOCTOR TO MINISTER-IN-ATTEND the summer vacation, had defined that the Austrian and the Saar
prosent His Majesty at the pubile requiring a gigantic Insurance funeral of King Feisal at Baghdad, | fund to guarantee dopositors
H.M.S." "Dospatch" which is against loss,"
WED:
canvoying tho King's body home la Prominent bankers in Now York
It is announced that the mar- due to arrive to-morrow morning point out that if the industrial rings of Dr. R. A de Castro Basto a Halfa where a Royal Air Fores programma is a success, deposits with Miss Annia Korodi, daughter plane is in readiness to carry it on will naturally need no insurance
Näh Wireless
obtain, llberal, erodit fall the
ANCE ON KING
#London, Sept. 19. 2. The Foreign Sabretary Sir John Simon, who is on holiday in Scot land." Will go to Balmoral Castle on
Prison, have captured two and killed three after an exchange of revolver shots,
The captain of the prison gitards has died of wounds received it the time of the escapeRenter
Mr. Koki Hirot Bassador
in the Chamber immediately before the Ssar question. He maintains the French security requirements problems are interrelated and that as a demand for a strong and the Independence of Austria as well Laffective, contral control of armia as the continuation of the status
monts
quo, of the Baar region, even if it pointed should be accomplished contrary, to For the stipulations of the Treaty of
the Amon the
France, how that Great Britain and the United States have report
Tu
il take plaer on the 19th- natama attendance on the King and Queen, urgent noed for some Zurich, Switzerland.
Mos
cceed