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The

FIRST EDITION

Hongkong Telegraphe

FOUNDED 1001

四拜禮 號一廿月二英港街

THURSDAY,

FEBRUARY 21, 1935.

Ha. 14532

BRITAIN'S TRADE

FIGURES

ADVERSE BALANCE IN PAST YEAR

IMPERIAL RECIPROCITY BRUCE'S PLAN

(Bu Telegraph. Copyright, Telegraphic Messages Ordinance, 1894. Received, February 21. 9.16 am)

London, Feb. 20.

The Board of Trade officially reports that Great Britain's trade balance, both visible and invisible items included, showed adverse figures of £1,000,000 for 1934.

This compares with a favourable balance of $2,000,- 000 in 1933 and an adverse balance of £51,000,000 in 1932.

It is estimated that the income from overseas in- vestments during the year just past, was £175,000,000, compared with £160,000,000 in 1933 and £150,000,000 in 1932, according to United Press.

A special despatch from Reuter

says that the Australian High

Commissioner, Mr. Bruce, speak LUANTUNG

ing at the British Empire Club strongly urged the need of ro- simulation of international trade as the solution of the present economic dificulties.

He believed that this re-stimula- 'tion would require three stages of development: fratly, a definite do. claration upon the British Govern- mont's agricultural policy; second- ly, termination of all existing trade treaties at the carliest possible moment; and thirdly, the negotiation of new treatles with all countries starting with the British dominions, which should _be_given_the_maximum amount of conhideration in return for a con- sideration. In other words, the Kreat thing was Imperial re- ciprocity...

POLISH TREATY

FORCES CLASH

OVER HUNDRED KILLED

MEDIATION PROMISED

(Special to "Telegraph")

BABELS DORF 18 CENTE

His Excellency the Governor speaking at the presentation which he made yesterday, on behalf of the Hongkong Jockey Club, of a silver solver, coffes set and cigarette casa, to the Hon. Mr. C. Gordon Mackie, in recognition of 24 yaara' survica un » Steward. (Photo: Mes Cheung),

Foreigners'

Murderers

Executed

INVOLVED IN STAM TRAGEDY

FOUR BANDITS PAY. PENALTY

(Special to "Telegraph") *

St.

CANTON TO TALK TO S'HAI

NEW TELEPHONE CONNECTION

HONGKONG'S BENEFIT

(Special to "Telegraph")

the Telegraph, Copyright. Teleprophio Lisages Ordinans, 1414. Rosiped, February (ty Telegraph, Copyright. Telegraphis Mon apes Ordinance, 13. Recerced, February

d.m.) ', .m.)

Nanking, Feb. 20.

The Ministry of Foreign Affairs announced that four bandita, who ware involved in the murder and torture of the two young Anierican missionaries, Mr. and Mrs. Stain, were executed on February 12.

These four were captured by

De Telegraph. Copyright. Talspraphic Hea Ordinance, 1881, Recaivad, February #1, 3 1.9)

Tientsin, Feb. 21. Reports reaching here to- day state that more than 100 men were killed in the Luanchow area in a fierce fight between Meanwhile, the British Govern- Luantung Peace Preservation ment was signing the Anglo-Polish Corps units, a force under the Government troops at Tsingtch. trado treaty last night after many command of Liu Tso-chow, and months of negotiation. It was a militia corps.

Mr. and Mrs. Stam, it will be re- initiated, at least, by the Board of

called, were murdered after the Trade.

Liu's troops are believed to most fendish torturing which their enjoy support of the Japanese captors could devise. Their baby, The treaty provides for the re- Manchukuo authorities and the rescued by faithful servants, was duction of tariffs and duties on a situation is regarded us serious, restored to safety.-United Press. large number of British exports to says the United Press. Poland, including motor

The Central Nows Agency care, quotes a Chinese authority as the agricultural machinery and many author of the reports containing kinds of semi-manufactured goods the following Information: and raw material.

A serious engagement between Poland will benefit with respect the local militia and the Public to the marketing of her agricul-Safety Guarde, which occurred in tural and dairy produce in Great week and threatened to assume the Luanhalen District earlier this Britain.

ANTI-RED WAR SHIFT

CHIANG TO FIGHT IN WEST CHINA

"YOUNG MARSHAL” '

IN NEW POST

Hankow, Feb. 21. With the anti-Red campaign in Klangs! having been concluded,! Marshal Chiang Kai-shok is pected to be present hero to direct the anti-Red campaign in Western China.

ex-

QUOTA STILL UNFIXED

TIN COMMITTEE ADJOURNS

Nanking, Feb. 21.

Gold Bloc

Expected

To Crash

U.S. TO SUPPORT

·STERLING?

BLOW STRUCK FOR SILVER

Washington, Feb. 20, Europe's first reaction to the American Gold Clause decision was favourable, being construed as forestalling a widespread up="" It is unnounced here to-day henval in the markets. It la that direct long-distance tele- thought that it is economically im- phone service between Shanghai possible for the gold bloc to hold and Canton is expected to be out much longer. inaugurated before April 1 of this your.

munication was started lust Octo-

The American Fund is likely to support sterling Stabilisation Work on this line of com- at approximately $4.87.

Further pound depreciation to ber and will cost many thousands above 150 shillings in terms of of dollars.

gold is expected, due primarily to will be borne equally by the conditions.

The expanse of the connection British political and economic

Ministry of Communications in If British interests begin active Kwangtung and the Provincial bidding for gold, as is quite Government United Press, possible, the United States le like-

It is expected that Hongkongly to raiso, the dollar price. will benefit materially from this

The Manchester Cotton Spinners Conton-Shanghal connection, for it will abortly სც. possible for Association is preparing a petition this Colony to talk direct to

to the British Government to Te Shanghal, as to, Canton.

vorse the monetary policies of the past decade which served to de The present system is part of a press the price of silver.--Suan, great scheme of inter-provincial | Culbertson and Frite.

te lophone communication. op- proved by the Nanking Govori mont.

The Hague, Feb. 20. A meeting of the International which, Tin Committee to-day adjourned

At the same time plans are go- without settling the question of ing forward for the development the output quota, and will not tion to all parts of the world. In of radio telephone communica. consider this matter again until this, too, Hongkong will benefit, the mecting of March 14.

alarming proportions, terminated to-day, resulting in over hundred casualties Infileted on both sides. The trouble originated from an unimportant difference however, was fanned into armed dispute by some treacherous elements who are always bent on doing work of destruction in the Luantung area..

Both parties now are ready to suspend hostilities pending media. tion by the authorities.

PRINCE VISITS

WORKERS' FLATS

SEIZES OPPORTUNITY AT VIENNA

London, Feb. 20. The Prince of Wales, before leaving Vienna this evening by

express train

He will occupy the same post-ordinary

for

It was decided that 7,476 tons of buffer, stock tin now accumu~ lated, at the end of February would be included in the visible stocks hereafter.-Reuter.

EXTENDING AIR CONNECTIONS

Evangelist's Failure

SHANGHAI SHOWS NO ENTHUSIASM

(Special to Telagraph")

(By Talegraph. Cepright. Telegraphie Mas

sages Ordinance TE11: Received, February

Shanghai, Feb. 21.

MR. B. A. PROULX INJURED

CAR INVOLVED IN COLLISION

Mr. B. A. Proulx, well-known fortunate local Jockey, had escape from aerious injury this, morning when an M. G. two- scater car which he was driving camo into collision with a Dairy Farm lorry at Repulso Bay Hotel, At about 7 o'clock, Mr. Proulx driving towards town and Was was about to pass the Hotal gar- ags at Repulse Bay when the lorry entered the main road from a privato road. The two vehicles collided, and Mr. Proulx' car was badly damaged, the offside wheel being smashed up.

SHANGHAI LINKS UP

· COAST PORTS tion here as he did in Klangai Budapest, mada a tour of inspec- during the past few years. All tion of workers' flats.

Shanghai, Feb. 21. officials of his Nanchang hend-

The Chinose National Aviation

Mr. Proulx was thrown forward The Prince, is keenly Intorested Corporation has annouticed that

Mrs. Almoo Semplo McPherson on to the steering wheel of his car, quarters are on their way to in the housing problem, and wel-proparations are being made for the Hutton's grand opening evangelist but, beyond a few abrasions and Wuching, where Marshal Chiang's now headquarters will bo set up. flats which have a worldwide ro- service

comed the opportunity of vialling establishment of an extension air rally in the Hal Alai Arena here, a, bad shaking, he escaped Injury,

at which thousands were expected, connecting Tsingtao, Marshal Chang Houch-liang, putation.

Cheefoo and Weihaiwel,

was a complete failure, so far as Commander of the Bandit-Sup- On his return from Budapest,

attendance was concerned.

the radio and had held services at As soon as four new planes

In the phrase of the publicity the Capitol Theatre. At the thea

hands on the part of those who The noted California evangelista vory meagre harvest United had been talking every night over Press.

www

$16.00-FER ANNUM

NEW

SEASON'S GOODS

IN ALL

DEPARTMENTS

AT NEW EXCHANGE

PRICES

AT

WHITEAWAY'S

PLEADS FOR LIFE OF N.R.A.

ROOSEVELT FIGHTS FOR LABOUR

STORMS EXPECTED IN CONGRESS CIRCLES

(By Telegraph. Copyright, Telegraphic Messages Ordinance, .. 1804. Received, February 21, 8 am

Washington, Feb. 20.

President Roosevelt to-day delivered to Congress his long-awaited special message, the main feature of which was his request for the extension of the authority of the National Recovery Administration for another two years.

He asked also for full protection of employces in their right to bargain collectively and asked that the Government's right to establish minimum standards of wage, hours and rules of fair competition, be main- tained.

?

The President requested, further, more adequate application of the anti-trust laws and the elimination of prison penalties for violations of the N.R.A. Codes United Press.

SOVIET ADVISES EUROPE

ONLY ONE ROAD TO PEACE

INDIVISIBLE GUARANTEE

Paris, Feb. 20.

Reuter supplements the news from Washington with the most important announcement that any new National Recovery Adminta tration legislation is expected to have a stormy passage through Congress,

In spite of the overwhelming Democratic majority, there will be stout opposition to further NRA. activity, in view of the fact that the Judiciary Sub-Commitor of the Senate is to investigate charges that monopolies have been- established under the present re- covery system.

It is proposed, also, that an inquiry into the workings of the

The Soviet Ambassador has N.R.A. should be made before the Minister, a note in which Russia handed to M. Laval, the Foreign Senate Finance Committee.

contends that the peace of

Washington, Feb. 20. Europe can only be assured by age to Congress to-day, claimed. President Roosevelt, in his meas- Indivisible guarantee of that the N.R.A., which challenged security in which all European the imagination of the Amerluan people, had achieved its immediate states are included,

object, the checking of the An identical note, it is stated, depression. It had started the downward trend of the great

the upward

an

a been presented to the British nation forward on Government.

of child

path. Meanwhile, from Vienna, the The age-long curae Austrian Chancellor, Dr. Schu- labour had been removed by the schnigg, and his Foreign Minister, N.R.A. and the sweat shop out Dr. Berger Waldenegg, have loftlawed. Millions of wage earners for Paris and London.

had been released from starvation. conditions and excessive hours."

It is understood that they are taking with them

The President emphasised that' written a memorandum dealing with all the sound and to abandon them would the principles of the N.R.A, word questions which they expect to spell the return of Industrial and discuss with tho British and labour chaos. If industry failed French Governments. Their vital voluntarily to agros to unquestion- interest is in the security, and ed control, power must rest with protection, of Austria in the event minimum standards, fair competi the Government to establish of any foreign power attempting tion and the rights of employees to interfere with the Government to organise for the purpose of in Vienna-Router.

collective bargaining, said Pre- sident Roosevelt. The employees, he sald, must be protected. Router Special,

ANOTHER C.E.R. TANGLE

ALLEGED DEBT FOR TROOP TRANSPORT

Harbin, Feb, 21. The progress

of negotiations for the transfer of the Chinese Eastern Railway has been again) arrested somewhat by a sudden demand

the

NEW U.S. FLEET COMMANDER

NAMED FOR ASIATIC POST

(Special to "Telegraph"),;

Ordinanes, 18. Rossprede robnuary (By Telagranh, Comyright, Telegraphia' Maar

30 amp

Washing

Rear-Adm

made by the Bovist Government for the paymont of no less than 18,000,000 roubles, alleged to be owed to the present Administration of the Railway by Japanese Manchukuo au- thorities for transportation of offer of

bran soldiers and military supplies cording Admir Northern Manchuria, through diploma klak oheanas ame

and Anhui Provincoa, will be dia- at Semmering. Ho la oxpected to United States, are delivered to the "The show was a flop wanted to be "saved."Thore was This matter, la bein diacunded prission Forces in Hupel, Honan the Prince will witness ski-racing which are being ordered. from the man in charge of such things, tre she had asked for a show of during the Japanese Incursion:il

missed and reappointed as Chief return to Vienna on Sunday Director of Marshal Chiang Kal evening and may make the journey shek's new Headquarters, it is to London by air on Monday | announced.—Central News,

British Wireless.

Corporation probably some time in May, this line will be inaugurated.

Central News.

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