THE HONGKONG TELEGRAPH.
THURSDAY, NOVEMBER 23, 1933.
U.S. GOVERNMENT CHECKS SLUMP IN DOLLAR
WOODIN CHALLENGE
UNEXPECTED ATTACK ON
PROF. SPRAGUE
AND ROOSEVELT CARRIES ON
Washington, Nov. 22. The dramatic resignation of Professor Sprague is still the liveliest topic in financial circles.
A
were very
Government bonds weak to-day, though other predic- tions of slump, on
exchange
have not matorialised and it fa bolleved that the Administration 'intervened to support the dollar.
Wall Street's very plain spoken views on the resignation are not, however, likely to have any effect on the Government's gold policy.
That President Roosevelt in- tends to go on is borne out by re- de. ports that the President has finitely placed Mr. Henry Morgen-
A lost of accuracy in hose work at yesterday's Fire Brigade demonstration. Note the officer on the right operating from the top of a turntable ladder. (Photo: Mae Cheung).
thau in charge of the programme. TOKYO'S POLICY
EXCHANGE INTERVENTION, Loading commodities fluctuated very narrowly on the Stock Ex- change, there being no decided trend either up or down.
The foreign exchange flight from the dollar which began on .newa of Sprague's resignation. has been temporarily halted and trad- ing generally was very quiet. The exchango brokers are of opinion that the Government intervened to steady the market.
MR. WOODIN'S CHALLENGE.
been
nd
UNCHANGED
RUSSO-AMERICAN RECOGNITION
OFFICIAL VIEW
Tokyo, Nov. 21. Japán will continue her pence-
U.S. INCOME. TAX REVISION
NEW SYSTEM OF LEVY
The
PLANNED
Washington, Nov, 20.
the Sub-Commission of House of Representatives has just completed a ran for the revision of the system of levying the in- come tax.
The new system will bring abou*
ful relations with United States a yearly increase of Federal re- and Soviet Russia despite Amer-ceipts of U.S.3400 millions, with-
Russin, A out increasing the rate of taxa-f isan recognition of spokesman of the Foreign Ofeetion. The plan deals with large all in a Press statement rester- fortunes and the profits of the trusts various companies Although the Government re- which enjoyed, certain exemptions mains inactive, it is reported that from taxation since the World the Foreign Minister, Mr. K. War. Hirota. is preparing for the pos siblity that America
ny.
or Rusala
GREEN ISLAND MYSTERY
LATEST OFFICIAL REVELATIONS
NEW OFFICER APPOINTED
GOVERNMENT TO STAND LOSS ?,
RADIO BROADCAST
TO-DAY'S BROADCAST.
TALK FROM THE STUDIO THIS EVENING
SPORTS HOSE.
Froni B.W. on a wavelength of UGG moires
$3.50
11-11.30 a.m. Stock and Exchange Quotations, Selected London and New York Stock Quotations, Weather Re- port, etc.
$4,50
$5.50
11.30 am. Chinese recorded pro-
$6.50
$7.50
gramme.
12.30 p.m., European programma of recorded music.
1 p.m. Local Time and Wenther Report.
1.16 p.m. A relay of the Hongkong Hotel Orchestra by courtesy of the Management (Daring the intervale recorded music will be broadcast from the Studio.)
1.30 p.m. Rugby Press News, etc. 2 p.m. Clone Down.
ઉન્મ
P.M.
European programme.
A relay of the Hong Kong Hotel Dance Orchestra from the Hongkong Hotel Roof Garden by courtesy of the Management (During the intervals recorded musle will be broadcast from: the Studio).
Children's Concert
6-6.30 p.m. from the Studlo, 6.30-7 p.m.
A relay of the longkong Hotel Dance Orchestra from the Hongkong Hotel Roof Garden by courtesy of the Management (During the intervals recorded music will be broadcast from the Studio.)
7 p.m. Closing Local Stock Quota-
tions, etc.
7.3.7.35 pm. Variety.
SongShe's Funny That Way, Humorous Song-1 Lift Up my Finger and Say "Tweet, Tweet."
Gracie Fields (Comedienne). Instrumental-Valse Triste, Instrumental-A Keltic Lament,
Victor Olof Sextet. Vocal Duet Blue Eyes-Blue Eyes. Vocal Duet Blue Eyes-Do I Do
Wrong?
Evelyn Laye and Geoffrey Gwyther. Plano Soles C. B. Cochran's 1030
Revue-Medley.
Rale da Costa,
Any Melody.
may change their attitude towards every reason for hostile sentiment] -The Telegraph learns in con-
against America and Russia.
Bont.
King (Baritone). 7.35-8 p.m. From the Studio.
A Talk on "Travel" by the "Globe
A minor sensation has caused by the issue of a statement by Mr. W. H. Woodin, Secretary of the Treasury "on leave of ab Benca
criticising Professor Sprague's suggestion that the Treasury must borrow two billion dollars from the people on aecurity,
nexion with the extensive loss of Mr. Woodin says that the sug-Japan.
DEFENCES STRENGTHENED. explosives from the Government Trotter." gestion that Government bonda The Foreign Office spokesman
Gunpowder Depot at Green Is can 'and will be bad security re- said that restoration of Soviet-
Captain Miyazaki, Japanese land, that the missing stocks bo- relations flects not only on the wealth and American diplomatic
longed to Messrs. Showan, Tomes from the Studie. resident army offleer at .llelho, integrity of the country,, but im- should not directly concern Japan north Manchurian border town. and Co. and Messrs. Jardine, peaches Professor Sprague's own and that Japan will, therefore, not commonsense and competence na change her foreign policy with who has arrived in Changchun Matheson and Co.
by aeroplane, delares that Soviet
The stocks in the depot have A student of finance.
regard to either nation.
Russin is replenishing her
now been checked, with the result The plan to send a friendly mis-fences along the frontier line, on that a shortage of 320 cases of ston to the United States and also a more extensive scale than is dynamite and 28 cases of de- to urge resumption of the Chinese generally belleved.
tonators has been disclosed. The It was officially revealed by Mr. Eastern Raliway purchase negotia- He anys that the Soviets are total value, is about $28,000. Morgenthau this evening that the tions will be carried out as origin-working as though an outbreak-of Treasury has been supporting the ally arranged. Japanese Govern- hostilities in the immediate future market in United States Government leaders desire to remove is inevitable.-Router. ment bonds, the prices of which have been depreciating rapidly recently.
SUPPORT FOR BONDS.
Later..
Funds turned over to the Tren
DAY BY DAY NEWS IN BRIEF
Bury for Investment by Govern- IT IS NOT THE VICTORY THAT ment agencies, including postal MAKES THE JOY OF NOBLE HEARTs, savings, farm credits, debt sinking BUT THE COMBAT-Montalembert. funds and federal deposit Insurances, are being used for the Fang Fuk-ki (13) was sent to the Mental Hospital after he had bitten purchase by the Government.
The sum available is not dis-off the finger of a foreman, Cheung
Chan, at Shamshulpo, yesterday. closed, and the amount Invested will be announced weekly:---
• Reuter.
· TREASURY DISTURBED.
The Treasury Department is obviously vory much disturbed,
de-
Mr. and Mrs. K. Larssen returned to the Colony by the Terukuni-Maru.
Over $700 was realised at a Whist Drive and Sale of Work held last Saturday by the Women's Guild of the Kowloon Union Church.
It is also suspected that certain arms stored by other firms at the depot are missing.
It appears that suspicions were first aroused when one of the firms gave an order for withdrawal of certain stocks and was tendered dynamite belonging to the other Company.
GOVERNMENT LOSS? Prior to this, the firm giving the withdrawal order had believed that everything was all right; as the monthly returns issued from the Commissioner Alfred J. Benwell, depot tallied with the firm's own The monitor, II.M.S. Terror, which leadur of the Salvation Army in figures. as been detailed to Singapore ne n China, is arriving hero on Friday in Discovery of the loss therefore gise ship, arrived at Port Said on the Empress of Japan. Ha fuesday. She is accompanied by quarters are at Peking. H.M.S. Fastnet.
head-
Sir William Hornell, Vice-Chancellor A Chinese widow was fined $25 by of Hongkong University, who went to not so much by. Mr. Sprague's re- Mr. Balfour the morning ля the Peking and subsequently to Nanking, signation as by his scathing de keeper of a gaming house in Wing returned to Shanghai on Sunday. He nunciation of the present mone-Sing Street Another woman, and in shortly returning
for tary policy of the administration, three mien, were fined $3 each
participating la a according to the New York Times Waslington correspondent.
a game of han luk,
News.
8 pm. Local Time and Weather Report.
8.3-10.30 p... Chinese Concert
10.30 pm. Rugby Mid-day Press
10.35 pm. Close Down. All records in the above European programmes are selected from Z. B. W.'a Library,
KZRM PROGRAMME. To-day's Broadcast from Manila: 6.00 pm Studio Music. 5.50 p.m.-Health Talk. 6.10 p.m.-Spanish Informational Period.
0.30 p.m.--English Informational Period.
7.00 p.m.-Chrysler Dinner Pro- anime-Luneta Motor Co. Chrysler Ensemble.
7.30 p.m.-Reuter's Soup Sponsor- ship-Wm. II. Anderson & Co-Lily Raquiza, Johnny Harris & Rusy Aranna.
ship.
7.46 p.m.-Tabacalera—Mackesson's Stout
7.50 p.m.-Tokalon Programme. 8.00 p.m.-L. R. Aguinaldo Sponsor- 8.16 p.m.Ponotro Programme-- New Orleans Commercial Co.
8.30 pt-Apo Cement Programme suggests that not only has there-Cebu Portland Cement Co.--Varle- been improper disposal of the ties. stocks but that the books have been falsified.
8.45 pn-Stock Quotations. 8.55 p.r.-Murle,
0.00 p.n-KZRM Musicale con-
10.30 p.m.-Sign Off.
As the missing stocks were held ducted by Lorine Nash. by the Government on behalf of
was
to Hongkong. the firms, it is presumed that the
loss falls on the Government. Members of the Peak Club are re- quested to noto that the entrica fur SUCCESSOR APPOINTED...
Mr. 1. H. Bailey, who Convicted on a charge of stealing the Contract Bridge Tournament to The correspondent describes a ring from the Chellaram Silk Store, be held at the Club on Saturday, the formerly a gunner at Stonecutters Mr. Sprague as having fired the Pedder Street, an employee. Lau 15th inst, will close on Friday at in charge of magazines, has been frat gun in the public's battle Tong-hing, 27, was sentenced to ten p.m.
temporarily appointed successor to against President Roosevelt's fie-weeks hard labour by Mr. Balfour In the Central Police Court this cal policy.
With the object of relieving the Mr. Angel Julian, who is reported morning.
heavy demand for letter boxes at the missing from the dopot at Green According to the New York
H.K. General Post Office, several Island. Prior to this appointment, Herald-Tribune, Mr. Sprague's re-
We are informed that Comm. A. hundred new boxes are being installed. Mr. Bailey was employed at the Blanconi, the Italian Consul General. It is anticipated that they will be Government Civil Hospital. algnation reduces the conservais leaving, for Foochow by the available to the public of Monday tive Treasury group to two. Haining to-morrow, and that he will next. Mogars. Dougins and Black,
bo accompanied by his secretary, Mr,
BREAKING CONTACTS,
Mr. Morgenthau will proceed with the organisation of the Tren
sury,
.FRENCH PARLIAMENTARY
VISITORS
John S. H. Waan and Comm. S. Sandri, Li Kwal, a shopkeeper, of No. 80, the special Correspondent of "11 Whitfield, ground floor, was Gned $25 Popolo D'Italla," Rome, Italy. or one month and $50 or one month. for possession of 48 Po pui lottery
with
.
TAIT SHOWS
SPECIAL DAYS FOR KIDDIES
HOODWINKING THE
GUILELESS
"FORTUNE-TELLER” FINED
Turned out of Canton, where his tricks were discovered, Lo Chi, aged 86 years, arrived in Hong- kong four days ago. He appeared before Mr. Balfour in the 'Central Police Court this morning charged with professing to tell fortunes. | Pleading guilty, he was fined $50
or one month.
Sub-Inspector Elston said do- fendant used ordinary fortuna Three big days will be celebrat- telling as a cloak for trickery.
The King's Theatre is at present tickets and keeping a gaming house on lines which will cen- featuring an attractive all-British pro- on the premises by Mr. Hamilton this traliad his, authority and respon-gramme, the big film being "King of
consecutively. A married. woman, sibility, and also cut off Wall the Ritz," in which the loads using: The sentences are to zun Street contacts, thereby ending in the capable hands of Stenley Lau Mul, was charged together with disaonaton in the Roosevelt high Lupino, Betty Stockfeld, Hugh Wake him, but the police accepted her plea ed at the Tait Shows in Kowloon His dice box was a fake and the field and Henry Kendall. This is a of hot guilty, and she was discharged. with special programme at the sticks used were weighted. It command, he hopes.
vory bright and cheery production.
matinees on Friday, Saturday and was thus possible to produce the one or two musical hits, and is An interesting visitor to Long-Sunday from 4.30 to 7 p.m. All samo stick consecutively. A wo admirably produced.
kong, on Friday will be Prof. K. 3 children under 10 years of age will man was told by defendant that if Saunders who recently retired from be admitted to the Circus, Motor she could get the number 5.threa Twa longths of cane and a plece of the University of California, Berke drome, rido the Dodgem and other times she would be lucky and that wire, instruments fit for anley. Ho is in the Dollar -8.8. Prrides at reduced prices. In addi-on further payment he would tell unlawful purpose, formed the sub eldent Monroe on a tour round the tion to the reduced prices, there her more. Sho produced the nuni ject of a charge against Chan Chol, world. He will disembark from the will be a number of acts prosented bor three times in succession and
Bombay and London, Nov. 22.. 146, before Mr. Balfour at the Cen- President Monroe in
tral Police Court this morning. Senduring his stay in India will become on the free platform erected on the defendant than put a blank M. Flandin and other members tence of threw months hard inbour the guest of the Gaokwar of Baroda the show grounds for this purpose piece of paper in a folder and told Eddie Phillmore will present his hor If she shook the number three of the French Parliamentary Com- was passed. Sub-Inspecor Smith said who recently was also a visitor hers,
would place mittee of the Association of France that with the device the defendant Prof. Saunders will tour through a death defying motorcycle act in times the gods and Great Britain, who are visit-was able to regulate the length and large part of Europa. before return the "Globe of Death" each after characters on the paper. She did The characters were produced ing London, were conducted over to pick articles off from the first flooring to his home in Berkeley. Dr. noon at 6.30 as well as during the 80.
and who was told to use those in the Houses of Parliament. this of buildings. The end of the wire Kenneth Saunders, who is well-known evening at 10.30.
was hook shaped and was sharpened. as a writer and authority on Build- The Circus Sldo Show will also her next lottery. afternoon.
The prosecution submitted the This evening Sir John Simon hours of this morning in Queen's of the National Committee of the present a change of programme and
Rond Central. On seeing the detecY.M.C.A. of India, and it was from Chandu will perform with a mogle characters were obtained by a gave a dinner party in their hon-ve he lay down and pretended to be there he was called to a lectureship show that has been specially pre-trick. The defendant earned his
In Oxford University,
pared for the-occasion.
money purely by trickery, our-British Wireless.
Defendant was arrested in the early hism, was for several years secretary
asleep.
and moro,
All loss 10% Cash discount.
Stockings in all the new designs that are correct and in good taste-sporting or quiet ideas to match or con- trast with the rest of your clothes..... stockings softly comfortable which will give. and take a lot of hard wear ......these are the sort of golf stockings you will find now at Mackintosh's in a wealth of choice beyond all previous conception.
MACKINTOSH'S LTD
Hand-Painted by
Clarice Cliff
ULTRA-MODERNE & INEXPENSIVE BIZARRE WARE
CANDLE HOLDERS, FLOWER BLOCKS,
TEA SETS,
VASES & BOWLS
Arts & Crafts
Cough
BAYER
catarrh, respiratory troubles what terrible" tormentors? But do not despair,
Cresival
the proved remedy, will also help you. Give it a trial to-day and convince your self of its excellent quality. 'Cresival' is very palatal and stimulates the
CRESIVAL