Street,
Longkong
ator:----16.69.
COLOURED BATHROOMS
Beautify The Home.
`ASK-ABOUT-WARRENS' SUGGESTIONS.
C. E. WARREN
CO., LTD.
Hongkong Telegraph.
一日十二月二十
China Building.
Tel. 20269.
No. 14217
A MENJADE SATURDAY, FEBRUARY 3, 1934.
TAXI-DRIVERS STRIKE FOR $2,000,000 WINDFALL
FORCING DOWN THE DOLLAR
NEW EFFORT TO BE MADE
LONDON GOLD EXCITEMENT
Washington, Feb. 2.
Again the prophecies of
the Presidential monetary,
SIR PHILIP CUNLIFFE LISTER
Condition Definitely
Improved
London, Feb. 2. A telegram from the Governor of Kenya states that the condition of Slr
·Philip Cunliffe Lister. the Secretary of State for the Colonies, has definitely Improved.-Britisk Wire-
·less.
advisers have been unfulfill HIGH COST
ed.
And because the revaluation of the dollar has failed to produce the results its sponsors predicted, it is understood that officials are now prepared to launch the Exchange Stabilisation Fund upon the market.
They now confidently predict that they will produce rates of $5.10 to the pound sterling and $6.63 to a hundred francs, whereas the rate against sterling, is at present stronger than it was before devaluation.
LONDON DOMINATION. Meanwhile, the devaluation of the American dollar to 59.06 per cent. of its old gold value and the fixing of a new price for gold at
OF RECOVERY
REMARKABLE AMERICAN FIGURES
PUBLIC DEBT INCREASE
Washington, Feb. 2. The first official evidence
35 dollars per ounce which, in of the huge expenditure of effect, marks the return of United Government loan money for States to gold by establishing an the purposes of financing International gold bullion standard,
the dominating Recovery is afforded by continues to be factor in the London market. The Treasury returns issued to- outstanding event to-day was the: rise in the price of gold in London bullion market by 4 to the un- precedented price of 139/6d ounce, which greatly stimulated the mar ket in gold mining shares.
day.
The most startling revela tion is that the public debt of the United States increased by $1,254,000,000 during the month of January alone!
FRENCH GOLD ·PERIL.. The newspapers stress-that--to-
The amount is several times as day's gold price was not fixed on the sterling-franc rate, which has been large as in any previous month the practice since England abandon during the Roosevelt regime, and ed the gold standard in 1931, but is believed to have been partly on the basis of supply and de-induced by the special relief measures for the unemployed ́dur- Gold to the value of £840,000 Ing the winter months, was purchased.
mand,
HEAVIER THAN WARTIME.
The brisk demand for france is
The full import of the borrow- attributed by the Press to the requirements of dealers for pur- ing may be gathered from the chases of gold from the Bank of fact that January's quota actually France for shipment to America. exceeded the monthly borrowing Franca appreciated in terms of during any period of the Great sterling from 77.27/32 to 76% War.
Router and British Wireless.
A portion of the sum went to- wards
increase an
in the Treasury's general fund and will be available for later expenditure,
PRESIDENT TO VISIT but the excess of expenditure over
HAWAII?
Trip Now Considered Improbable
(Special to "Telegraph")
receipts was over $743,000,000, which is the largest since the war emergency expenditure which totalled $808,000,000.--Reuter,
SUN
SUN HOTEL MURDER
By Telegraph. Copyright, Telegraphie hier FORMER WATCHMAN'S| eague Ordinance, 1878. Received, February
3, 9.80 0.1+)
Washington, Feb. 2. Rumours in the capital that President Roosevelt would shortly visit the Hawaiian Islands follow- Ing Mr. Swanson's report on the defence needs, have been set at rest by a White House statement,
CONFESSION
(Special to "Telegraph”)
Shanghai, Jan. 3, There were touching scenes at tho First Special Court in.
President Roosevelt says he Shanghai yesterday when pro- very much doubts whether he will ceedings were commenced in the be able to visit Hawall during his preliminary trial of Chu Kee-yuen, proposed tour of the West. He the assailant of Mr. Li Min-chow,
BID FOR FIVE-CENT PIECES
AN ILLEGAL TAX IN BACKGROUND
DISCOMFORT FOR NEW YORK
New York, Feb. 2. New York was virtually taxi-less to-day due to a lightning strike by, the drivers.
Over ten thousand men are in- volved and as a result of their spontaneous decision to refuse to
SINGLE OOPT 19 CENTE
59800 PER ANNUM
DOLLAR SALE
STARTS ON
MONDAY
COLONY'S FLYING TRAINING
SCHOOL PROJECT
NEW MACHINES ARRIVING
ACTIVE OPERATIONS TO
BEGIN
SHORTLY
A NO COMPROMISE
POLICY
General Taxi Ting-kal' in the war zone with one of his staff officera.. Ha is reported to have left Fakian
Hongkong.
Some months ago an announcement was made to the for an unknown destination, probably effect that Government approval had been obtained for the operation of a Flying Training School at Kai Tak Aero- drome. Mr. W. F. Murray, who its boên | cafea take the cars out of the garages,ppointed Commandant of the Far great inconvenionce was caused. East Flying Training School at Kai
Chiefly effected were visitors to
New York by train and boat. The taxi ranks at the railway termin! and the docks were completely empty, except for a few indepen- dent drivers, whose services were at a premium.
The taxi-drivers are de manding the distribution among themselves of $2,000,- 000 collected in five-cent pieces under the Tammany Hall cab-tax, which was later declared to be illegal,
-
Tack.
SPARTAN MINERS
DECLARE STRIKE UNDERGROUND
REFUSE TO ASCEND OR EAT
Through the courtesy of The Far East Flying Train- ing School, Ltd., we are now able to report fully on developments in connexion with this project and to an-
nounce that the School will commence active operations
as from March 1st.
Several departments of the School will commence actual operations as from February 15th, but it is not. anticipated that the entire organisation will be function- ing until March 1st.
The School will be operated-by
Company known as The Far
AMERICAN CREDIT
FOR RUSSIA
LATEST OFFSHOOT.
OF R.F.C.
Erat Flying Training School, Ltd., UNDETERRED BY SPECIAL TRADING
and The Far East Aviation Co. Ltd., will act as Operating Agents. The Directors of the new Company ara:-Messrs. G. G. N. Tinson, (Chairman), A. Ritchie F. R Smith, R. Vaughan-Fowler and D. S. Scott.
FOUR INCHES OF SNOW. The drivers claim that they are entitled to the money of which they were illegally deprived. The distribution would mean a wind-] fall to them of roughly $200 each.
The inconvenience would have miners who declared a strike boen appointed to the new School,|
been less felt but for the wretched weather conditions.
1
Prague, Feb. 2. Spartan methods were adopted by Czecho-Slovakian
in the pits near Most, in North Bohemia.
SCHOOL PERSONNEL. The following personnel have and are already either in Hong- kong or on route from England:- Commandant- Mr. W. F. Mur-
They are demanding higher “The city to-day—was carpeted wages and the curious measure deray.
BRITISH AIRCRAFT
TRIBUTE
Yugo-Slavia Reveals Confidence
clded upon in an attempt to en- force their demand was to remain underground.
Lord Douglas-Hamilton.
MISHAP
MINISTER'S WIFE CARRIES ON
LORD LONDONDERRY HOME AGAIN
London, Feb. 2. Lord Londonderry, the Assistant Flying Instructor Secretary of the State for
Air, returned to England to day after his 16,000 miles air tour in the Middle East and India.
Chief Engineer Instructor-Mr. hours, W. Waldron,
Three hundred men stayed down below for over ninety-six refusing both to ascend
to
the
Assistant Engineer-Mr. surface and to touch the food willcock,
which was sent down to them.
They declared that they would prefer to die rather than abandon their demands.
Some of the men are reported to be suffering from hunger vulsions.
H.
He arrived at Croydon in the air-
The new organisation has been extremely fortunate, in receiving liner "Hengist." the active co-operation and assist A light plane, ance of Sir John Siddeley, C.B.E., in which Lady and the Officials of Air Service Londonderry was London, Feb: 2.
con-Training of Hamble, near South-flying to Croydon After a careful test of
meet bor ampton. Air Service Training, to several Continental types of
Negotiations for a settlement in which is associated with the husband, made a Yugoslavia
landing air-liners, the
regard to wages, mine regulations Avro-Armstrong Siddeley aircraft forced Company. Air Transport
and other disputed matters con-manufacturing Interests, is the at Biggin Hill Aeroput, has placed a repeat
tinue, but the strike la extending. largest and most successful Avia- Aerodrome, but order for a British three- Thousands of miners are affected. tion School in the British Empire,s he continued. engined Sparton cruiser-
if not in the world. The success her journey in Later.
of this School to date has been another plane, monoplane; and has also
The miners eventually abandon-phenomenal and, as indicating its arriving shortly acquired a licence to build these machines in Yugo-ed their hunger strike and left the standing, it is of interest to know arter the "Hengist" had landed.
Lord Londonderry continues that over 300 Royal Air Force slavia-British Wireless. plta, but the strike
Reuter,
Reserve Officers receive their great satisfaction at having been training there each year.
"
with four inches of snow, causing WHISKY PECULIAR TO
great discomfort to travellers who could neither get transport for themselves nor their baggage. Reuter.
AUTHOR, INVENTOR AND SCULPTOR
Death of Leander McCormick
BRITISH ISLES
Leipzig Supreme Court Decision
fears that circumstances will end manager of the Sun Sun Com- Leander Hamilton McCormick, known to-day by the Supreme
Press.
•
tho
noted American
inventor,
THE COMMANDANT.
expressed
able to obtain firsthand knowledgo of the air units abroad and of the high standard of efficiency Mr. W. F. Murray, the Command-which was maintained,
He expressed particular sp int of The Far East Flying Train preciation of the work of the ng School, a picture of whom
Royal Air Force on the Indian ippears In these columna.
Frontier where, in close conjunc- direct to Hongkong
tion with the army, It nesisted in. Training Service Air where he was on the staff for minimum expenditure of life and maintaining law and order with a considerable period. The two
money-British Wireless. Marineers, Messrs. Waldron and Willcocks, were also formerly on the staff of Air Service Training.
Comes 'rom
Lord Douglas Hamliton is a brother of the Marquis of Clydesdale who was senior pilot in the recent successful fight! over Mount Everest.
EXTENSIVE EXPERIENCE.
SOLDIER SENTENCED
FOUND NOT GUILTY OF HOUSE BREAKING
respective duties and have had breaking into a dwelling house in
(Continued on Pago 0).
BANK
(Special to "Telegraph”),
(By Telepraph. Copyright, Telegraphie des sages "Ordinamar, 1891. Hoovivad, February --5, 2.50 2016))
Washington, Feb. 2.
An important announcement concerning steps for facilitating trade with Russia was made fol- lowing a conference at the White House to-day.
of
Mr. Jesse Jones, the "chairman'
the Reconstruction Finance
Corporation, told the United Press that a special trading bank is likely to be catablished as a sub- sidiary of the R.F.C.
Its sole object will be to financa trade with Russia and other countries.
-The final details of the scheme have not been worked out, but the "bank" will probably be patterned after the $400,000,000 Commodity Credit Corporation which, said. Mr. Jones, is "running smoothly." The new R.F.C. offshoot would extend credit to Importers and ex- porters and guarantee bills.
The amount of capital which is proposed for the agency was not announced.-United Press.
NEWFOUNDLAND'S PREMIER
LEAVES LONDON FOR HOME
London, Feb. 2. The Prime Minister of New- left London to-day on his return foundland, Mr. F. C. Alderdice,
to Newfoundland.
The British Prime Minister and the Secretary for Dominioris Affairs, together with Sir Edgar Bowring, the High Commissioner for Newfoundland in London," and officials of the Dominions Office wore present at his departure from Euston Station-British Wireless.
Leipzig, Feb. 2. The word "whisky" is a term for spirits which is peculiar to Eng- land and Scotland and therefore must not be used for similar spirits produced and sold in Germany.
This was the doclsioh made
Privato Frederick Mealand, of his journey in California-United pany.
Court thus ending a protracted
'All the above Officers of the the East Lancashire Regiment, Chu Keo-yuen pleaded guilty of author and sculptor, died yesterday, legal dispute in an action brought School hold the highest British Air, who was recently court martialled
firms of whisky the murder of Li Min-chow but socording to a Rauter message by British
distillers against a Gorman firm. Ministry Licences covering their at Sun Wat Camp on charges of STOP PRESS declared he did so after "extreme from Miami Beach, Florida.
| Reuter, provocation."
Ho was seventy-five years of age He alleged, during a tearful and was extensively travelled., Ho address to the Court, that Li Min-lved in London for over seventeen chew dismissed him from the years, where he formed the nucleus
TREASURY BILLS post of watchman in the company of a valuable art collection, includ- without giving any reason. He ing a remarkable group of early
London, Feb. 2. had solicited and kow.towed to English and Dutch masters.
For tenders for £40,000,000 Poking, Feb. 2. him three times to induce him to He was the author of over a
At a White House conference to Treasury bills, the total amount It is learned that Shih Yu-shan, withdraw his order of dismissal hundred inventions of remarkable the ex-Kuominchun general, is but in vain.
variety, including a watch which day, a preliminary agreement was applied for was £71,986,000, the
Notice is given in the Government active in Manchuria, rendering services to the Puppet Stato.
He felt extremely resentful over records the time the world, over, reached for a sugar control policy amount alloted in bills at three hie maater's unsympathetic at neroplanca; an aerial torpedo and applicable to the United States, months was $34,185,000, and the Gazette, that February & has been Cuba, the Philippines and Puerto average rate por cent. was 17/11-appointed as the date on which the Ho has been appointod Com-titude towards his plen and the motor cycles. NA mander of-the-so-called "Asiatic fact that L Min-chow ignored His books were mostly on psy- Rico. The details have not yet 74 as compared with 18/1.41 laat Naval Volunteer Ordinance is to come
wook British Wireless, -Union Army."--Central News. hie kow-tow-Central News.
been worked out-Router: chology and philosophy.
SHIH YU-SHAN
TAKES POST UNDER MANCHUKUO
SUGAR CONTROL
SCHEME
Washington, Feb. 2.
Hankow Road and assaulting a civilian was found not guilty on the first count and guilty on the second. He was sentenced to 84 days detention by the Court. When the sentence came before the G.0.0 for confirmation, a mission of 23 days was made.
into foreg
London, Feb. 8.
It is understood that in the event roof indications that the British dia- armament memorandum is not fully comprehended abroad, the Cabinet will send Mr. Anthony Eden on a tour of European capitals to eluci dato-Reuter