BATHROOM APPOINTMENTS IN THE NEW
PASTEL
SHADES
DELIGHTFULLY INVITING.
ASK THE LEADING DESIGNERS.
C. E. WARREN & CO., LTD.
China Building.
Tel. 20269
Dollar on De T.T. on New
"High WaterA
and ----18, 7d."
Nanager kilig Long Telegraph.
huishoring Post, Lid, am Stresi, Hongkong:
The
FINAL EDINON
Suprotne
Hongkong Telegraph.
POTINORD ERKI
No: 14419
THURSDAY,
SEPTEMBER 27, 1934. · SINGLE COPY 18 CENTE
14.00 PER ANNUM
A BARGAIN
WHITEAWAYS
A 7. lb. Box
of
ASSORTED TOILET SOAP Containing 35 Cakos, Asst. Sizės, otc
PRICE $4.50 Box,
UNOFFICIALS CRITICISE COST OF GOVERNMENT
KIDNAPPER
SUSPECT
INDICTED
CHARGED WITH
EXTORTION
EXTRADITION PROBABLE
(Special to "Telegraph")
tity Telegraph, Cenyright. Técgraphie Hire, goges Ordnance, (42). Beceird, Seytandar
27, #37 a.m.). New York, Sept. 26.
The Grand Jury to-day in- icted Richard Hauptmann on a charge of extortion, arising out of the Lindbergh kidnapping and murder caso.
The charge for which he will be Arraigned carries B maximum penalty of twenty years' imprison-
The Hon. Mr. R. 11. Kotowall, who nindo a strong plea for reduction of Crates at this afternoon's meeting of
the Legislative Council.
Rare Coins Stolen From
ment, but Hauptmann will probably Collector
never be tried on this count.
Extradition proceedings have
been under way ever since he was į
arrested, for he is wanted in New|FAMOUS
Jersey, where the kidnapping oc curred, and where he will be held for murder.
MORE RANSOM MONEY.
Meanwhile, detectives have found!
COLLECTION
MELTED FOR GOLD?
Spacial to "Telegraphi")
By Telepiph, Caryright. Telegraphie Mer
DEMAND FOR REDUCTION IN ASSESSMENT RATE
BOLDER FINANCIAL POLICY
DEEMED ESSENTIAL
BRIGHTER HONGKONG PLEA
UNOFFICIAL MEMBERS OF THE LEGISLATIVE COUNCIL HELD THEIR FIELD-DAY THIS AFTERNOON WHEN, ON THE SECOND READING OF THE APPROPRIATION BILL, THEY SUBMITTED VIEWS ON THE COLONY'S BUDGET.
The Ilon. Sir Williant Sheaton, who delivered the principal tuficial speech on the Budget at the Legisla. tive Council meeting to day.
THE HIGH COST OF GOVERNMENT WAS THE MOST RINGING
PARTICULARLY TRENCHANT SPEECH ON THIS ISSUE AND STRONGLY, URGED A FOUR PER CENT, REDUCTION IN THE RATES AND A CHANGE IN THE METHOD OF RATING CHINESE TENEMENT HOUSES. THE COST OF THESE CONCESSIONS, HE SUGGESTED SHOULD BE MET FROM COLONY'S SURPLUS.
NOTE OF CRITICISM. THE HON. MR. R. H. KOTEWALL MADE A PROTECTING
THE HON. MR. J. P. BRAGA ALSO CRITICISED ADMINISTRA- TIVE COSTS SAYING RATEPAYERS WERE LEFT IN THE PREDICA MENT OF HAVING TO WORK OUT THEIR OWN SALVATION.
Delivering the principal speech, the Hon. Sir! William Shenton stressed the need for a new Assembly Hall and Theatre in place of the old City. In common A valuable collection of Fourth with other members, he regretted the lack of provision for Hauptmann had a bad night in Century coins, pieces of the time a civil aviation subsidy. He urged an extension of the
of Emperor Constanting, of Thirteenth Century small loyals" Colony's road system to link up with the projected Shum
*. 4.15 $4MM)
an additional $840 in marked ran in 1901. Beceived. September som bills stuffed into holes in A
Paris, Sept. 26. garage beam, and later found pistol and six bullets.
his cell. He paced the floor nervously and robbed quently.
fre-
Following the Grand Jury's Bourgey. decision, Attorney General Cum mings declared that he thought Burglars broke into the study Hauptmann was "the right -United PresA..
Sir William also criticised the gambling facilities at Shum Chun, just over the British border, and hinted that the Canton Government might be approached on the matter.
Hongkong As Winter
H.K. Dollar Rises With Silver
HIGHEST LEVEL SINCE 1930
AMERICA MAY RAISE PRICE
time since
For the first 1930, the Hongkong dellar has reached the 1s. 7d. mark, this being the official quota- tion this morning,
The rise follows the ad. vance in silver prices in Lon
don yesterday. Locally, the market was very dull this INDUSTRY morning, with practically no
business passing.
LABOUR RELATIONS
BOARD'S DUTY
SETTLING AMERICA STRIKE" DISPUTES
Washington, Sept. 26.
On the heels of an announce.
Silver in London rose a farthing yesterday, making the spot price 22.1/16d., the highest since 1920, The advance was chiefly due to losa China solling and further buying by America, India · and speculators. The tone of the market at the close was uncertain..
U. S. BUYING.
The New York Wall Streat· Jotarnal, according to advices received by Mesars, Swan, Culbert- son and Fritz, roports that the ment that the N.R.A. would be United States Smelting Corpora revised, President Roosevelt totion declared a dividend of $2! day announced a now stop for the per share bringing the total tra and other tokens of the days of Chun-Canton and Road also construction of a highway Resort
- melivery.
interest eviden
of for 104 50. This manufacturers and Inbour
le the Colonel Charles Lindbergh testi-Philippe the Fourth, were among from the border to the thoroughfare which will eventually
appointment of Labour. Rela-highest in the history of the Com-: fled before the Grand Jury and the hundred rare specimens stolen run from Chen Mok Tau to Foochuw.
MR. MACKIE, URGES |tions Board for the textile indus-pany, and is due to Government night from M. Etienne appeared to be under great strain. Inst
try BRIGHTER CITY
buying of allver. This Board will endeavour to From the same The collection was valued at
Bourco It is £15,000,
settle all disputes arising out of reported that there are fresh HARBOUR WORKS the recent strike, which was rumours that the U.S. Treasury abandoned on Saturday last when plans to increase the price of BURDEN the unions gained their salient silver. The Hon. Mr. C. G. S. Mackie dealt at length with
SWEDEN'S POLICY, The Hon. Mr. C. G. S. Mackie points.
Chlef Justice Walter Stacey of shipping matters and also advocated propaganda boost- said: Sir-With regard to the re-
New York, Sept. 26. ing Hongkong as a winter resort, and the abolition offerente mude by my Hon friend the the Supreme Court of North-report that Sweden intends Senior Unofficial Member as to the Carolina, will be acting chairman withdrawing from the sterling irksome restrictions on outlets for popular but innocent undesirability of carrying out ex-of the Board for a fortnight. The bloc, and is considering dollar tensive unproductive Public Works other members are Rear-Admiral allegiance, is taken as evidence amusements.
Extraordinary in these days of de Henry Wiley and Mr. James Mul- that the United States monetary, pression, I am in agreement. On
lenbac, the Labour arbitrator.policy will have a preponderating The other hand, I maintain that this is not the time to delay urgent works All three are members of the effect upon world prices,Our Own which will be revenue producing. Steel Industry Labour Eclations Correspondent. have in mind particularly the propos- Board.-Router.
man."
“U.S. WARSHIP OFF TO AUSTRALIA
VISITING MELBOURNE FOR CENTENARY
(Special to "Telegraph"}
(ily Telegraph, Copyright. Telegraphic stem
of M. Bourgey, the well-known numismatist, and rifled his collec-] tion cases.
Experis fear that the rare coins:
will have been melted-down-for
their gold by now and that there| will be little chance of recover. ing any of them, though there are hopes that the thieves may be captured-Reuter Special.
BRITISH-AMERICAN YACHT RACE
apes Ordinanze, 1891. Received September United States Win The
27 £9.4m).
Washington. Sept. 26.
First Race For Cup
Oyster Bay, Long Island.
Sept. 26,
FAITH IN HONGKONG FUTURE.
SIR W. SHENTON OPTIMISTIC
CIVIC BUILDING NEEDS
TAXATION REDUCTION DEMAND
MR. KOTEWALL ON ECONOMY
· ADMINISTRATION TOO COSTLY
ed new market at Wanchai, which I consider should be proceeded with at
once. Works of this nature give om.
ployment to a large number of labour. WELSH MINE DISASTER
era and this is very helpful. In times like the present Wo all realise that economics must be introduced, but these should be in the nature of reduction in cost of administration
FUND
rather than a postponement of Public Further Local Donations
Works Extraordinary · which,
when
completed, will shew a return, on
capital involved.
Sir William Shenton has made re ference to the dredging of the har-
Received
To the Fund opened by the Lord
In connection with the visit of Admiral Upham, Commander-in- Chief of the U.S. Asiatic Fleet, to Australia to participate in the celebration of the founding of Amerten won the first race for Melbourne: Mr. Claude Swanson, the British-American six metre of the Navy, announced yachts cup-to-day, totalling 20% Secretary
The Hon. Sir William Shenton; The Hon. Mr. R. H. Kotowall sald:-bour and has stated that I would to-day that the flagship Augusta points to Britain's 10 points. All spake on behalf of the Unofficial Sir,I purpose this year, in view of again deal with this matter. A Mayor of London for the relief would leave Shanghai on October 5, four American boats finished be- members on matters of general con- these abnormal times, to abstain foreshadowed in my speech last year of the sufferera and dependents
cern, his She will go to Guam to inspect fore the British contestants,
colleagues dealing with from commenta on individual items in the Government has taken up this in the Wroxham mine disaster, in subjects in which they were individu- the draft Estimates, so as to concon question very energetically and the which over 200 lives were lust, the naval base there and from that
Anis won the race completing ally or particularly interested. trate on broad principles of Budget-work is now progressing most satis-we have received the following point travel to Sydney, arriving the course in 2 hours 18 minutes Expressing antisfaction At the ing and general policy of administra-factorily. At the present time dredg- donations: October 21.
The Augusta will be at Mel-45 seconds, while Kyla, the first healthy position of the Colony's tlon with due' consideration of existing in principally confined to tha bourne on October 26 and in Perth British boat in took 2 hours 23 finances, he said:Wo congratulate ing circumstances. In all I am going Admiralty area but as this forms part not being unnecessarily delayed. I on November 28, returning vin minutes 25 seconds. The twelve Your Excellency, and the members of to any I have the concurrence of my of the general schemo other work in Batavia, Bali, Makassar, Sandakan mile course was windward and the Government concerned, on the Chinese colleagues,
healthy position of the Colony's It is a matter for grave concern learn from my Honourable friend the and arriving at Manila just before leeward, and the yachts finishes. In these days of depression, that, when the Colony is sassing Director of Public Works that the We are informed by the Hon:
In the following order:
on sw and strain, we look for uni through economic Christmas.United Press.
topression entire work should be finished about Secretary of the Hongkong, St. Ania, Challenger, Bobcat, Lucic orthodox Budget. The present is not severest in its history, when no signs this time next year, so that I trust David'e Society that the Society (United States), Kyls, Saskia, the occasion for fights of high of an improvement are visible; the if reference has again to be made to las so far collected $200. on be
fitianes, nor monotary Melita, and Vorsa (Britain).
experiments, cost of administration should actually the subject in Council It will only be
balt The American boats got weather! nor do we regard the time as at all be on the Increase. It is true that the to congratulate the Government on
TWO PARTIES IN SENATE RACE
Nominations In New Moxico
(Special to "Telegraph").
ity Telegraph. Copyright, Teleprankie Bises]
g Ordinanov, zeri, Haesived, September j zer) 1,04 mm.)
Phoenix, Sept. 26. The Republican Party conven- tion has re-nominated Senator) Cutting for the senatorial raco
berths at the start and led through- "propriato, for now extensive, und total draft Estimate of Expenditure the successful completion of
unproductive, public works extra-for-1936, as compared with that for schemo..
out
CYCLIST BADLY INJURED
HITS WALL & DROPS INTO NULLAH
tho
*
Already acknowledged
... $5.00. Mr. and Mrs. A.P. Pereira 15,00.. 14th H.K. Wolf Club Pack 5.00.
on the Fund,
RUBBER QUOTAS FINALLY FIXED
coes of ants over liabilities to $12 ordinary" (3092,000), the net decrease which I feel I must touch, that is Holland Reports Of
Agreement
London, Sept. 26. 2
MONTREAL EXCHANGE.
New York, Sept. 20. The opening of the Montreal Silver Exchange has been post:
poned to October 3, declared re- presentatives of the Montreal and. Toronto Stock Exchanges when Interviewed by Reuter, owing to the state of the negotiations be
tween the two Stock Exchanges
for the establishment' in the res- pective cities of silver futures trading.--Reuter.
PRESSURE ON GOLD NATIONS
· DEVALUATION OF FRANC LIKELY
STABILISATION
DISCUSSIONS:
Washington, Sept. 20.. Despite opposition by the French Cabinet, devaluation of the fraue Is becoming more attractive to practical politico-economiste In Franco. Paris expects the star- Hing-frand rate to go to 70 or bes low, after which pressure on Hol- alum, Holland and Switzerland is likely to force them off gold.
the race. their parachute ordinary. We believe that something 1934, shows a decrease of $1,066,603;
BEARING THE COST. spinnakers drawing better than the along the lines DI solid Yorkshire but when we analyse the figures, and British ventilated type. Kyla, was Budget is more in keeping with the deduct from this sum the anticipated
There is just one more point In savings from Special Expenditure connection with the dredging of the nearly two minutes behind Lucie, present circumstances.
Contribution harbour and the carrying out of har- "An estimated deficit for 1934 of, (3276,495), Military Router.
$1,222,360, thereby reducing the ex($212,700) and Public Works Extra-bour
Improvements generally, on 001,269, and for 1935 of 31,390,462, comes to caly $264,808. If, however,garding the cost of any such work, thereby reducing the excess of assets: a comparison is base with the revised it may be said that any incronsed over liabilities to $10,710,807, is not Estimate for 1984 truer criterion harbour facilities primarily benefit a position which we regard withthen the Budget provides for an in-shipping (which already contributes anxiety, especially when we consider crease of $1,083,102 In spite of reduc- largely to revenue of the Colony)
A world factor of major import- that the figures are based on a 1/43. [tone in Public Works Extraordinary and the carriage of goods, but they the Financial Times Amsterdam Anee is the spread of the exchange. dollar. We do not think it requires amounting to $800,550.
--- ultimately benefit the whole com- a Dantel to prohesy that at the end In other words, the Government munity and it is only reasonable that correspondent learns in well-in Continent. British opinion is that?
learing system throughout the of 1934, and again in 1936, we shall proposes to spend $1,089,102 more the cost should be spread over the formed quarters that the Rubber exchange clearing, lo likely to be- find the balance is on the right side. next year than it expects to have spent community rather than charged to Control Committee has practically
by the end of the current year a section thereof. I consider then settled the
come the world fattion of Inter differences NOVEL EXPERIENCE.
**According to the Abstract of Difer-fore that any new works of this nav
'among Future stabilisation. In Now, Mexico, while the Do- was riding an ordinary bicycla
producer nations regarding restric- entirely
national currencies is under full "We realise that a favourable exences under Rocapitulation" now ture should be carried out nominated Mr. Dennis Chavez, member of Con-starday when he collided with change has been a most important posts alone will entail an increase of at the expense of Government, with tions,
Even after the: $78,327, which view, Sir, I hope you concur. the wall of a nullah near the No. factor in the preparation of the 3204,038.
It is announced that the quota deney will be to Bx too high
unofficial discussion. The tan- 6 Railway Bridgo, in Argyle Street. Estimates, and this becomes, strik- expected to be saved by the abeiltion If this principle is recognised and for the first quarter or half of price for gold, a result of which atis apparent when ona reads the of existing posts, is deducted from it adopted you may perhaps care to re- 1936 will be approximately 10 per should be an international in Knocked down by a lorry on the
Ho was
catapulted over there a differences, or perutes there is still the considerable increase consider the Government decision to cent.Reuter. giain road between Firgshan and Un handle-bars and landed in the the footnotes of the Draft Estimates. of $125,711. The position, would have charge the Hongkong and Kowloon Long yesterday, Choy Chan was a nullah, receiving Injuries of a For a continuance of this satisfactory been much worse were it not for the Wharf and Godown Co., Lady with mitted yesterday to the Kowloon serious nature. The victim was position, we must look for similar fact that the Badgot is based on a half the cost of dredging the fairway Miss Dorsen Mo, the talented local to the new No. 5 Wharf.". It is admit- planist, will givo = axx pláng recital Hospital with Injuries which includ- taken to the Kowloon Hospital, or higher rates in the future. When more favourable rate of exchange. ed a broken arm,
(Continued un Page, 5).
----- (Continued on Page-5);
(Continued on Page 5), from the studio of Znw.to-night:
*mocrate havo
Kress-United Press,
• Chan Kaṁ, living at Yaumati,
create in commodity prices, which would possibly be the forerunner of more than temporary "re- coverySwan, Culbertson
Cand