THE HONGKONG TELEGRAPH. THURSDAY, FEBRUARY 1, 1934.
PRES. ROOSEVELT SLICES AMERICAN DOLLAR TO 59.06 CENTS
BRITAIN'S GREAT BID FOR
ARMS AGREEMENT ·
(Continued from Pape 1.)
remain the standpoint of the British Government, requires ad Justment in order to attain an agreement...
that the agreement should Inst for ten years.
EFFECTIVES: The Draft Con- vontion auggestion was 200,000 men with 8 months service as the average daily effectives sintioned Therefore, the Government in the home country for France, would still work for an agreement Germany, Italy and Poland. oven though, having regard to the principle of equality of rights, the is found to involve Agreement
Germany claims-300,000 with 12 months' service.
His Majesty's Government con- alongaldo of disarmament in some sider that it is a principle of quarters some measure of rearma-parity rather than the actual ment in others.
DEATH OF CAPT. CONFUSION ANTI-NAZI ORDER
BRAMWELL
ON
IN AUSTRIA
EXCHANGES MAJOR FEY GIVEN
COLOURFUL CAREER ENDS SUDDENLY
With the death of Captain there has A.B.W. Bramwell, passed away a well-known figure on the China Coast:
PROCLAMATION ISSUED
GOLD NOW $35 AN OUNCE
Washington, Jan. 31. Fifty-six years of age, the late
President Roosevelt has Captain Arthur Bayley Worthing-proclaimed the devaluation,
1 colourful ton Bramwell had career. He was a direct link with of the dollar. The gold a longer the old sailing vessel days, be content has been fixed at
experience in steam navigation,,
Captain Bramwell died sudden- ly at 10.30 this morning at St. Francis Hotel, where he had been figuree which is important and staying since his arrival a week "His Majesty's Governent have think it should not be too difficult ago from the North. more than once publicly stated for these States to find accommoda- that an International agreement, tion between 200,000 which they based on the admitted principle believe is preferred by the major of equality of rights in a regime ity of the Powers concerned and of security, necessarily involves 300,000. They would be prepared that within the stages provided for also to acquiesce in by
that the
& Albion
the and
gold content.
FREE HAND
exhausted
CURRENCY WAR?
BRITAIN HAS NO NEED TO FEAR
to
ALHAMBRÁ OPENS.
DR. KOTEWALL PRAISES ENTERPRISE
London, Jan. 91.
The Alhambra Theatre celebrat Despite the denial of Mr. Cham- ¡ed its 'long-promised opening. Inst bariain in the House of Commons night with a variety programme Vienna, Fob. I.
of any Anglo-American stabilisa- on the screen which indicated to On the ground that Nazis have tion agreement, rumours in this the crowded house the quality the Government's connexion continue emanate which the management intends to patience, Ordinances, have been from Amarica. These are con preserve. In the future, issued conferring unlimited po-sidered here to be an attempt to Major Fey, who is directed to
the Vice-Chancellor, force the issue,
The professions of the strength restore order by any means he of the equalisation funds on both sides is likened to the attitude of Major Fey is empowered to the pugilists on the eve of a big replace provincial
governors, fight. police chiefs and other high officials whose loyalty he regards as doubtful.-Renter.
werk on
thinks ft.
!
PLANS
The Hon. Dr. R. H. Kotdwall, C.M.G., was the chief guest of the evening in the unavoidable, absence of H.E. the Governor, and he de- clared the theatre open, while com- mending the enterprise of its pro- motors and giving an optimistic
Although the idea of a currency forecast of the development of the war is deprecated here, the City industry in the Colony. is not inclined to over-estimate the The Hon. Dr. Kotowall, who was effectiveness of the American | accompanied on the stage of Mr. the American equalisation fund kong Amusements, Ltd., said:- controllers lack experience in ex- |changa management. Moreover,
such agreement, a situation period of service if such is the aldos, which he had considerable 59.06 per cent. of its normal YOUNG MARSHAL'S weapons, as it is pointed out that J. M. Noronha, chairman of Hong- must be reached in which the arms general desire.
"The Alhambra is the fourth of a kind permitted to one State The process of standardisation being at one time connected with
should the Bank of France decide theatre which I have had the plen- cannot continue to be denied to it agreed figures should be com- the Indo-China Steam Navigation
The price of gold becomes au- another,
upon an embargo on the export of sure of opening, the other three pleted in four years. Military Company and latterly, with
tomatically $36 an ounce, begin- FULL AGREEMENT IN gold to non-gold standard coun- being the Queen's Theatre, the Ko training outside the army of men Tientsin Taku Bar Tug
ning to-morrow. BEST PROSPECT.
tries, the amount available for the Shing and the Prince's. At break- of military age should be prohibit-Lighter Company.
NANKING POLICY new gold, dollar became Tho
fist this" "morning one of my American fund would decline con- He was a native of Bath, Somer-effective at 3.10 1.m. Eastern
Shanghai, Feb. 1. The Government are convinceded and the prohibition checked by
siderably, as hoarders would be in- daughters sald to me with a lavity best prospect for the permanent and automatic supersetshire, and served his carly ap-Standard Time, the White House)
Chang Hsuch-lang·drove to clined to compete in stocks on the Which daughters generally permit vision.
themselves: "Why, Dad; if you futuro peace of the world would be "LAND WAR MATERIAL. Under prenticeship days under the Shaw issuing an explanation that the Hangchow yesterday, where he London market. afforded by an agreement which
Company. President desired his action to be attended the graduation ceremony Purchases of sterling and franca carry on at this rate, you can woon recognises and provides for this the Draft Convention, the restric- Savill
Bes and provides for hitions on Germany in the matter Ahich he of an ink ve known fust before the American held by the Hangchow Aviation is the only way to neutralise the hold an exhibition of golden keys!" parity
demand for dollars, but such (laughter). abolishes, or reduces to the lowest of anti-aircraft guna would dis- sele in which he served were the gold market closed so that if there School.
that Westland, Mayfield, and Glenora, was any benefit to accrue It should Before leaving, the Young Mar-operations might be regarded as an "The tone of this remark carried possible level, all arms of a special-appear, but it is suggested
shal emphasised that he was will-act of aggression leading to cur the heavy implication that it was ly offensive character, and provides, the maximum calibre of guns In It was to the last-named, a barque, be enjoyed by Americans.
The foreign exchange market in ing to help in carrying on the rency war, wherein the British my one object in life to hunt for by the most appropriate means permanent frontier and fortress after securing his certificate, that
New York was, very confused bandit suppression campaign to fund would probably be used to gold keys. However that may be, available, for a greater
defensive systems should be fixed he was appointed Third Officer, sense of by international agreement.
At the age of 21, Captain Bram following the proclamation. Quota- full success under the leadership purchase dollars, thus neutralising I hope that these keys have un- security.
tions business VAN virtually of Marshal Chiang Kai-shek. He the effect of the American fund locked the door of prosperity for well came out to China to join the brought to a standstill. "So for na Europe is concúrned,
TANK DESTRUCTION.
| approved Marshal Chlang's maxim purchases.
the theatres concerned. Indo-Chinir Steam the reconciliation of the points of
Navigation
Sterling quoted at 4.97 weaken- "internal stability is necessary be Prominent authorities in Lon- of which TANKS: It is proposed that Company
Messrs. view of France and Gormány is an
fore effective resistance to out-don, however, are becoming inclin- Room For More Theatres. essential condition of a general those over 30 tons be destroyed by Jardine, Matheson & Co., Ltd., are ed to 6.04.
invasion- is these the Agonts.
possible."ed to the view that the American He Was Second The new gold dollar containe sido agreement. If a way is not found the end of the first year,
"The Hongkong Amusementa fund will probably be used mainly Limited is now running In this to accommodate their respective over 20 tons by the end of the Officer on the Leongsang (which 16.5/21sts grains of gold nine- Contral News,
for domestic purposes and not in Colony nine cinema theatres, of MEETING WITH CHIANG. points of views this greater sense third year, and those over 16 tona was later wrecked in Hongkong tenths fine.
the foreign exchange markete, of security will not be promoted by the end the fifth year. Fur- Harbour in the typhoon of 1925), The new gold price applies toj
Shanghal, Feb. 1.
despite Mr. Morgenthau's recent which the largest are the Queen's and without it, substantial dis-ther International examination, as was transferred to the old
and the Alhambray and its Direc 8.8.all gold delivered in United States
to Mints or at the Seattle Assay rived here from Nanking at 1.30
Marshal Chiang Kai-shek ar-statement.-Reuter.
tors are to be congratulated upon armament is impossible,
contemplated in Article 21 of the Amara, and upon promotion. Draft Convention should be
their judgment in placing one on First Officer, served successively | Offices,
a.m. and left by rail for Hang-
That The Proclamation automatically chow half an hour later, the old Kumsang and the dertaken and completed by the end on
cach side of the Harbour. Kwongsang. He was master of creates # thvo bilifon dollar
there is still room in the Colony "On the other hand, if an agree-of the third year,
11is Majesty's Government would the Tingsang, when he left here stabilisation fund derived from
for a picture-house such as the Al- mant is reached and if the agree
short in November, 1913, to Join the the gold profit.
hambra, there can be no question. ment at present attainable falls agree to the new German
Taku Bar Tug
It is trúc that the cinema business,' SILVER NOT AFFECTED. hurt of the highest hopes, the gain service army being equipped with Tientsin
like every other line of business, of reaching and cbserving such an tanks up to six tons, which Ger- Lighter Company, Limited. agreement would be immensurable, many maintains are necessary for the position he then took up, he
here and elsewhere, is not as pros. The Presidential announcement MOBILE had charge of all the tugs and states that the gold price has been
porous as it used to be, but it is und the fact that it had been defensive purposes,
His GUNS.
my firm conviétion that the cinemas Majesty's lighters belonging to his reached and observed would form LAND
Com-fixed at $35 in order to stabilise
will be among the first to benefit firm foundation on which a fur. Government would still prefer to pany.
domestic prices and to protect
by the return of better times. ther agreement of a
adhere to the maximum limit of 115
RETIRED LAST YEAR
commerce against the adverse
In dealing with the problem of With the steady improvement In prehensive character might bo mm. as provided for in the Draft
effect of depreciated foreign
Russo-Japanese relations, Mr. talking-picture production, with tho Unsed in the future.”
Convention, Article 19, are prepar-
About a year ago, the deceased currencies.
Hirota, the Japanese Foreign increasing appreciation by the cd'in order to secure a prompt and retired, and, had been since tra- The weight of the silver dollar
Minister, is pushing ahead with public of the educational and plea general agreement to concur
FIRM FOUNDATION,
moro
com-
The way in which His Majesty'a Government believe that an agree- ment could be reached is set cut
in the second part of the memoran dum.
Adequate provision must be made under three hends, security, equality of rights, and disarmi ment.
PROTECTIVE CLAUSES.
Firstly, the British Government regard the present form security provisions, contained
of
U17-
in
and In
At Hangchow he will attend a graduation ceremony at the Avia- Hon Academy, and is expected to confer with Marshal Cliang Hauch-liang, who is already there.
Renter.
COTTON, WHEAT ·
AND SILVER
the new German short service velling up and down the China will not be affected and will not LATEST NEW YORK
Coast and making occasional be altered by the gold order.
Hongkong. He wás
President Roosevelt retains the understood to be in very com-right to alter the Proclamation as fortable circumstances, and pos- the interests of the country sessed of a genial disposition, require. made a host of friends, by whom he was very well liked.
army being equipped with 165mm. guns which Germany maintains visits to
defensive are necessary for its armament.
Guns over 360mm. are to be destroyed by the end of the first year, those over 220mm, by the end of the fourth year, and those over 165mm. by the und of the seventh year.
FEDERAL RESERVE GOLD.
The White House has also issued
QUOTATIONS
Messrs. Swan, Culbertson and Fritz have received the following quotations on the New York cotton and wheat and silver exchanges for yesterday.
Cotton
Jan. 30. Close
the first four articles of the Prepared to agree to corresponding he met n number of friends last the Treasury's books to be paid July
British Draft Convention, as
one
in
of
of
"His Majesty's Government are
arrangements for Austria, Hung- ary and Bulgaria in respect of mobile artillery and tanks,
AIR FORCES.
▾
It is understood that the Inte Capt. Bramwell had a business in a statement declaring that a settle- terest in the Ice Hátise Street ment for the gold to be taken over Snack Rooms.
from the Federal Reserve Banks March Apparently in the best of health, will be in the form of a credit in May
October night, and appeared at breakfast later in now gold certificates. this morning as usual. On retire- Mr. Morgenthau, meanwhile, has December ment to his room, he was found announced that the Treasury will January dead by a "boy" sometime after-sell gold for export, bealdes buy-Spot wards, the circumstances indicat-Ing.
fully while resting in a chair.
notice, the Treasury will sell gold
very great importance, but they would suggest the addition of three further articles, which would be the present Article 89 of Draft Convention, Government adhere to the maxi-ing that he passed away peace- He added that until further declaring that the loyal execution mum limit of 3 tons for military of the Convention is a matter of aircraft laid down in the Draft common interest to the signator Convention. Article 37, and to the contained in les; second, an article providing other provisions for immediate consultation in the Articles 34-41.
This involves no further con- event of the Permanent Disarma- ment Commission reporting a struction of military aircraft, apart
nid troop failure by one of the parties to from flyingboats execute loyally the Convention; carriers, above 3 tons unladen and third, defining the object of weight, and the destruction such consultation which is to half the number of existing exchange views as to the steps to military aircraft above three tons be taken to restore the situation. by June 1936, the other half by
the end of the Convention. A DUTY,
of
Article 36 requires that, a Per manent Disarmament Commission **These provisions would
shall immediately devote itself to emphasise the inescapable duty the working out of the best pos of the signatories of the Convensible schemes providing for the violation of it and when taken tion to prevent or remedy any
complete abolition of military and naval aircraft which must be
Jan. 31.
Closing.
Range
11.37-11.38
11.34
11,40
11.53-11.53
11.05
11,69-11.70
11.81 -
11.80-11.87 11.97-11.08 12.03.12.03
11.76
11.04 11.09 11.70 Wheat Chicago
Jan. 30.
Jan. 31. Close Closing Range
Police officers to whom notifica- for export to foreign central banks May tion was made of the occurrence, whenever American exchange July ................... took charge on their arrival, and rates with gold standard cur- September had the body conveyed to the rencles reach the gold export point, Mortuary.
The sales price will be $36, plus It la not yet known when the one-quarter per cent. funeral will be held.
LADY'S HANDBAG SNATCHED
THIEF GETS FOUR MONTHS
Sentence of four months' hard labour was passed on a youth Magistracy this morning when he was charged, before Mr. Wynne- Jones, with snacking a hand-bag from Mrs. Wilson, of No. 526 Pre- sident Apartments.
together with the German Chan-dependent on the effective super-named So Koung at the Kowloon cellor's proposal for the conclus- vision of civil aviation to prevent ion of pacts of non-aggressign, its misuse for military purposes would present a sum total of security worthy of general, ac~ coptance.
EQUAL RIGHTS.
in the course of t recent' conversation, of affensive
GERMAN PARITY,
PEGGING SHOULD RESULT. Treasury officials are of the opin-:
9276 01% 91% 01. DO% 00% 024 01% 91% Wheat-Winnipeg
Jan. 30. Jan. 31.
Close
Closing Range 094 63%、,60,.
70% 70%
May July
70
Silver.
Jan. 30. Close
Jan. 31: Closing Range
on that the $2,000,000,000 Ex- change Stabilisation Fund will not have to be used extensively be- March cause the fixing of the gold price May July should peg exchange rates,
They also expect an immediato Total readjustment of the world gold price, resulting in a depreciation of the dollar and the raising of| the American price level.—Renter.j
CARGO JUNK PIRATED
GANG STEALS. PIG CONSIGNMENT
Within a few hours' reach of
JAPAN AND THE
SOVIET
DEMILITARISED ZONE PROPOSAL
Tokyo, Feb. 1.
his suggestion for the creation of sure-giving value of the cinema, I
ademilitarised zone along the would not be surprised if in a Manchukuo border.
few years the present number of The Japanese Government is cinema, theatres in the Colony is reported to believe that this is the found to be insufficient to meet the best way of allaying tension be-demand. tween Japan and Russia.-Central| News.
TRADE RELATIONS
BRITAIN AWAITING
CHINESE NOTE ·
"For the Alhambra, with its I special and substantial' merits. foretell a bright future." plause.).
(Ap
"Apart from its structural ex- cellence which is apparent to all, the location of the Alhambra is ideal, baing just between two large residential areas of the Peninsula, namely Telmshatsui on the one alde, and Kowloon Tong and Ho- At question time in the House muntin on the other. To use the of Commons, Sir John Simon to words of the energetic Secretary day stated he was still awaiting of the Company, Mr. Rosselet, the the Chinese note regarding the re-Alhambra is placed at. the very vision of the commercial agree- doorstep of Kowloon residents. The Directors have every reason ment with Great Britain.
'London, Jan. 31.
Ho added there was no question to be proud of this magnificent of British recognition of the theatre, and I am sure that Kow- existing regime in Manchukuo.loon residents will share this pride. The position was involved by Con- I heartily congratulate the Com suls relations with local authori-pany and ita Directors on this their ties. He stated the position was latest enterprise, the architects on stili governed by the resolution of the excellence of their design, and
the efficient. the League made on February 24, the contractors on
members of the execation of their work. 1938, wherein League undertook not to recogniso
"I have my very great pleasure, In declaring this theatre open, wishing it long life and ever-in- creasing prosperity."
44.60 44.15-44,151). 45.05 44.65-44.55L 45.50 45.05-45.10C. Manchukuo.-Reuter. sales for the day: 3,750,000 ozR. 1,700.000 uza.
(150 Contracts) (188 Contrneta)
DANCING GIRL SUES.
BUT ADMIT SHE WALKED OUTĮ WITHOUT NOTICE
SINGAPORE DEFENCE,
NORMAL CONSTRUCTION
PROCEEDING
London, Jan. 31. Sir Eyres-Monsell was quea-
A dancing girl's unsuccessful tloned in the House of Commons claim for $19.89, against the Lido to-day regarding defences at Sing- Academy of Dancing, was before pore. He pointed out the mat- the Pulsne Judge, Mr. J. R. Linder was primarily concerned with
the War Office. sell, yesterday.
The Admiralty was only con- Violet Shuen, the plaintiff, anid
VICTIMS OF NAZIS.
ly
Mr. J. M. Noronha špoke brief- Qa behalf of the management be- foro calling on Dr. Kotewall,
The programmo consisted of "Curiosities,” "Bring 'em Back Sober," a cartoon, a musical film, a "Mickey Mouse" cartoon, and a colourtone revue,
TWO SHIPPING MISHAPS
SEAMAN'S FATAL
FALL
Falling from a height of 25 feet while placing a derrick in position on board the na. Kwel Chow, a sea- man, Chan Ho-nan, 28, received in- furies from which he died in the Government Civil Hospital at 10 o'clock last night.
If at the end of two years; the Commission has not decided on It was stated that while Mrs. the abolition, all countries should Wilson was walking along Nathan "Secondly, on equality of rights, be entitled to possess military air Road near Cameron Road yestor His Majesty's Government declare craft, incrensing or reducing by day, defendant came up and that the practical application of stages in the following eight years snatched away her handbag. the principle of equality of rights so as to attain eventually figures which contained $1 in cash and the colony, cargo junk from she went to the academy in Decem-cerned with normal de los hue iA less essential in the agree to be agreed upon. ment than that of the principle
other articles. He ran away, but Wuchow was last night intercepted ber and was merely told to help. naval bases. Provision for these Germany would acquire parity a Portuguese gentleman who res-by a fleet of pirate junks and No ternis were made, but sheofences was proceding concar- of security..
Thirdly, on Disarmament, atten- these stages.
with the principai air powers by ponded to Mrs. Wilson's cries for robbed.
understood that she was to receive rently with the progress of other help caught him some distanco tion is drawn to tho voluntary.
away and handed him over to the Mun Iau, within the territorial dancing partner.
The incident occurred off Mak half of her total carnings as a work, he added.--Router.
· renunciation by the German
NAVAL ARMAMENTS.
police.
In reply to waters of the Colony.
His Lordship. Chancellor
His Majesty's Government stand
Twenty-one men, armed with plaintiff said she was not told that rifles, revolvers. and daggers, she would have to give A fort- weapons, although the heavily by the naval chaptor of the Con- armed States might not be willing vention, but are prepared to make an essential condition of the agree-scrambled aboard from four junks, night's notice, before leaving, and to abandon their existing arma proposals for a simpler arrangement.
after firing a preliminary warn-was under the Impression that she ment if it is thought necessary in
|ing, volloy to stop the cargo boat. could walk out when she wished.
While painting the side of "a" view of the near approach of the
FOR ASSISTANCE Their objective was a consign»- She agreed that sho. worked at it, therefore, follows that
ship at the Kowloon Docks yester- positive contribution to
day, a painter, Wong Kau, 42 years, disarm-1938 Naval Conference.
The Government suggest, ro- ment of 82 pigs. After trans- the academy only 12 days; received
London, Jan. 31. ament by the heavily armed po- Finally, in regard to supervision, garding naval armaments, that a ferring these aboard their vessels, some pay, and left without giving
Lord Marley, noted for his world lost his balance and fell to the dry. were would help to bring the the Government will, if agreement prompt agreement on other mat the pirates released the cargo any notice at all. scale down all round, and should is reached on all other fasuos, tore and the embodiment of that Junk and salled away in the direc D. Victor, proprietor of the peace campaigning, leaves for dock below. Ho received a frac logically reduča demands agree to the application of a agreement in a world-wide con- tion of Tai Hak Moon.
Academy, sald ho engaged the giri America this morning on a speech-tured leg and was removed to the The released vessel returned to and told her the rules, making tour on behalf of the Kowloon Hospital. supervision to come into force anco to naval discussions, as pro- port was made to the police. with the obligations of Convention, posed in Article 38..
ment with costs for defendant, Germany,
The champion of the classes who In the concluding paragraph, The proposals, says the memor-
The junkmanber described the said it would be better if printed emphasis is laid on the view of Hisandum, nre framed to meet the pirates as being all dressed in rules were distributed to the girls have suffered from the Nazis' In Its Majesty's Government son Majesty's Government that the re-essential claims of all aldes and to black clothing,
without socks or Mr. D. B. Evans, of Johnson, temsive nationalistic maquently put forward the follow turn of Germany to Geneva and to promote a general agreement shoes. They spoke both Punti and Stokes, and Master; appeared for will tour the United States
nome weekn~~Reuter. ing proposals on the assumption the League of Nations should be British Wireless and Reuter.
defendant,
'menta.
the
CLAIMS OF ALL SIDES.
LORD MARLEY APPEALS
which Gormány might otherwise system of permanent automatic vention, would be of great assist | Hongkong last night, when a ro His Lordship, in giving judg-victims of the Nazi regime, in
be disposed to put forward.
DEFINITE PROPOSALS
Hakka.
-- Port of Spain, Jan. 81. Mr. John Strachan, recently: ağ- campaign,pointed Director of Transport for
for Trinidad, died here to-day/mmResi
ter.