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China Bullding.
Tol. 20269.
FIRST EDITION
the
Hongkong Telegraph.
No. 14605
四拜歳 號十三月五英港香
THURSDAY, MAY
30, 1935.
日八廿月四
SILVER PROFITS TAX CHALLENGE
U.S. BULLION TRADE TO ATTACK?
CONSTITUTIONALITY OF
TARIFF QUESTIONED
New York, May 29.
Symptomatic of the sweeping attitude created by: the N.R.A. decision towards various New Deal measures, there is now considerable talk that bullion circles will challenge the constitutionality of the imposition of the 50 per cent. tax on silver profits, on the ground that it is discriminatory upon the class of the people.
Similarly, the Republican Senator Vandenberg has introduced in the Senate a resolution to halt the re- ciprocal tariff policy, contending that the Supreme Court decision has demonstrated that Congress exceed-
The Pan-American Airways Oriental Clipper plans which will fly within a fortnight from San Francisco to Honolulu and thence to Midway Island. She is destined for the service between America
and the Far East.
ed its authority in delegating power to the President Heavy Blow
to negotiate reciprocal tariff agreements.
Whilst not mandatory, the resolution declares that "it is the sense of the Senate that no foreign trade agreements shall hereafter be entered into pursuant to the authority of the Tariff Act of 1924, and any such agreement heretofore entered into shall be terminated at the earliest practicable moment."
The resolution was referred to the Finance-Com- mittee of the Senate.-Reuter.
U. S. SILVER POLICY.'
Washington, May 29,
Well appointed experts here are of the opinion that the United States silver policy continues status quo despite the Supreme Court's decision and the various test cases.
The decline in silver prices is at- tributed to either general specula- Live pessimism or the placing of undue emphasis on the possibility that United States silver produc- tion will be affected in the sume way as other commodities by the relinquishment of the code gulations;
The best informed circles have expressed the behalf that the ques tion of the stability of the franc is more important to silver as the United States is believed to have been using silver purchases to do- press the dollar.
WATCHING THE FRANC
POLICE · FIRE ON MINERS
STRIKERS Riot IN RHODESIA
TROOPS RUSH TO SCENE
(Special to "Talograph”)
140, anm.)
(By Telegraph, Copyright. Telegraphic Missiger Ordiñaner. 1871. Hectived, Mew
Buluwayo, May 20. Any devaluation of the franc Six persons were killed to-day might exercise a sharp influence in a clash between striking miners on that polley, although whether to and police in Northern Rhodesia. increase the United States silver
Three thousand 'miners wrecked
purchases to keep the doller down the compound and offices of the
To French
Government
PLENARY POWERS BILL DEFEATED
FLANDIN'S LAST HOPE
Paris, May 29, By 25 votes to 15, the Finance Commission of the Chamber of De- puties has rejected the Plenary Powers Bill. This in severe blew to the Flandin Government.
ANOTHER CALL TO COLOURS
ITALY CONTINUES MOBILISATION
(Special in "Telegraph”?
Rome, May 20. A new china of conscripts, num- bering over 200,000 men, is ex- pected to be called to the colours within the next few days.
Franciscan
Monk Sent
To Prison
SMUGGLED MONEY FROM GERMANY
ENORMOUS FINE
(Special to "Tolograph")
Telegraph. Copyright. Telegraphic
Ordinance,
Received, May
m)
Berlin, May 2D.
The Franciscan monk, Father Epiphan, was sentenced to ten
BINGLE COFT 10 CENTE 11400 PER ANNUM
BARGAINS
FOR
THIS WEEK
SEE PAGE 5
IN THIS ISSUE
SALE POSITIVELY ENDS SATURDAY, Juno 1st,
WHITEAWAY LAIDLAW
CO., LTD.
ANXIETY IN U.S. GROWS LESS
ROOSEVELT WATCHES
REACTION
VOLUNTARY CODES MAY BE INAUGURATED
Washington, May 29..
The first flurry of anxiety at the Supreme Court's death blow to the N.R.A. Codes is gradually being re- placed by a feeling that no great change in the national economy is imminent.
President Roosevelt early to-day resumed con- ferences with his lieutenants, but no agreement regard- ing policy is yet in sight. Two suggestions are at present receiving consideration: first, that the Govern- ment should rely upon the voluntary observance of the codes by industry as a stop-gap; second, that an amend- ment to the Constitution be passed to enable the Govern- ment to regulate the hours and wages of industry, re- gardless of state rulings.
TELLS OF HUSBAND'S MURDER
WIDOW AND CHAUFFEUR JOINTLY
CHARGED
WOMAN BLAMES HER LOVER
London, May 29, To-day's feature of the trial of
Some, 700 letters received at the White House overnight revealed that a ratio of 9 to 1 favours a new N.R.A.
On the other hand Labour leaders are frankly pessimistic and Mr. Francis Gorman, spokesman for. the United Textile Workers, has expressed the fear that there might be trouble in the South.
Well-informed observera bellove that, President Roosevelt will not
attempt to restore the NRA. to life by any revolutionary process, Constitution, by amending the
but believe the President will try a more modest solution along the lines of an appeal to the nation to. voluntarily maintain. the labour · provisions of the codes until Con- Kress can take action.
A number of big corporations the country have
It is believed a communique will #2 announce that the further mobili Measur sation is being undertaken with the object of allaying the anxiety ex-| The Commission reached its degi-pressed abroad concerning the pro-) sion after hearing the Financetection of the Brenner frontiers. Minister, M. Martin, who declined Italy now has mobilised the 1911, to commit the Government beyond 1913 and 1914 classes, numbering years' penal servitude and to the Mrs. Francis Rattenbury and her throughout giving an assurance that there in all about 900,000 men. She will oss of civil rights for five years chauffeur, George Stoner, pointly trendy intimated their willing- would be no reduction in ex-Service-presently have over 1,000,000 men in addition, and fined 350,000 charged with the murder of the noss to accept this solution, under marks for smuggling German eur-woman's husband, a wealthy and which a crest symbol would re- men's pensions or in the salaries of|is arms.
retired architect, was the evidence the lowerpald Civil Servants.
The Brenner- frontier-faces-the rency.out of the country..
of Mrs. Rattenbury herself,- The Commission, however, la un-Upper Bavarian territory and the
For over three hours she was in animous in favour of prosecuting mountainous frontier of Austria.
the witness box. She testified frame speculators
Reuter Special.
clearly and composedly. Everything now depends on the impression which M. Flandin can the Chamber to-morrow, make an the Premier is determined to proceed with the Bill and leave on the Chamber the onus of deciding for or against the maintenance of the frane at its present gold rata- Renter.
or to decrease them to permit the Roan-Antelope Coppor Mines and HOPE FOR BETTER dollar to rise depends upon the 300 others attacked the power circumstances of the policy.
The power granted by Congress to President Roosevelt regarding silver purchases are narrow and specific, hence there
atantial challenge to its constitu.
station on the property.
Police fred on the rioters and fatally wounded six.
The strike was directed against ja no sub- the increase in the poll tax.
A whole regiment of troops is tionality as there was in the case being entrained for the of the N.R.A. and Frazier-Lemke belt. Inwa,
copper
Six thousand natives at the Luanshya Miner have also struck The general consensus among silver exports here, is that the-Renter Special. United States silver policy will not be materially changed by any fae-
tor which is able to be forseen al present.United Press.
PEDESTRIAN
CROSSINGS
VALUE SHOWN IN STATISTICS
London, May 29..
No
Enemy Of England
FREE STATE · SOIL INVIOLABLE
Dublin, May 29. Replying to the Opposition's onslaught in the Dail to-day, Mr. Whilst recognising that other De Valera, Chief Executive of the Irish Free State, gave assurance
RELATIONS
WANG CHING-WEI GREETS ARIYOSHI
con-
Nanking, May 30. of the Executive Yuan and
Mr. Wang Ching-wei, President currently Minister of Foreign Affairs, has telegraphed to Mr. Arlyoshit congratulating him on his appointment as first Japanese Ambassador to China, and ex- pressing the hope that his new appointment will be instrumental: in bringing the two nations closer and friendlier relations. ̄ ̄ ̄ ̄ ̄ ̄ ̄
Mr. Arlyoshi has addressed reply to him reciprocating these wishes.-Central News.
to
a
NARCOTIC EVIL IN MANCHURIA
•
OCEAN PLANE
TO SAIL
Flight To Midway Island Planned
(Special to "Telegraph") San Francisco, May 29. The Pan-American Air- ways glant ocean-going sea- plane, the Oriental Clipper. will take off for Honolulu and Midway Island within a fortnight, it was announced to-day.
Although the date is not definite, it is believed that plans are how advanced to maturity,, and that the big machine which, it is propos- . ed, will inaugurate the trans-Pacific service shortly, will make a test flight on the second leg of the ocean journey before mid-June. United Press.
The smuggled funds were to be used in connection with work of the Society of Franciscan Brothers, of which Father Epiphan Finance Minister. and the Catholic Caritas Society.
SOM!
The court ordered the cominca- tion of certain shares held by the Catholic Caritas Society, which is also ordered to pay into court 4,000,000 marks-Reuter Special.
TRANSIT RATES REVISION
APPLICATION OF NEW CHARGES DELAYED
Nanking. May 30, "
to lead her own life.
place the Blue Eaglo ensign. This would be awarded to all Arms complying with the Government's regulations regarding hours, wages and fair competition.-
She admitted that she had been:
FIRST COMMENT infatuated with Stoner, whose mistress she had beer since Making his first comment on the November last. She thought her invalidation of the NR.A., Presi- husband must have known of their dent Roosevelt, after a conference relationship, as he had invited her with General Hugh Johnson, Dr.-
Felix Frankfurter, Harvard law Mrs. Rattenbury stated that professor, and others, stated that Stoner came to her bedroom in he was closely watching conditions pyjamas on the night of the throughout the country. tragedy and told her he had hurt This statement was made at a "Rats." That was the name she press conference when the Presi gave her husband.
dent was surroundd by nowapaper- She had not realised immediate- men who have crowded to the ly what Stoner had done until she White House. heard "Rats" groan. Then she The President at first refused to jumped out of bed and rushed discuss the N.R.A, but later, when asked about the threatened coal downstairs,
"Downstairs my husband was strike In the soft coal mines, he sitting in a chair. I tried to rub shoved back his chair and started hls hands. They were cold. I to talk. tried to take his pulse, and shook him and tried to make him speak.
THE REAL NEWS
In a statement made to pressmen, Dr. H. H. Kung, Finance Minister, "I took a drop of whiskey, nent, He said the coal industry situa- stated to-day that the abolition or and then another.
tion was a great deal like many reduction of inter-port transit "I tried to become senseless to other problems brought about by rates on native goods would likely blot out the picture." witness de- the Supreme Court's decision. be postponed to July 1, due to pre-clared. parations not having been completed in time for enforcement early next month.
However, he did not reveal what kinds of imports would be affected
"The real news is what is happen- Mrs. Rattenbury vehemently Ing in towns and villages through- denied murdering or planning the out the nation. murder of her husband.
He declared he approved of Mr. TOOK COCAINE
Donald Richberg's appeal for the The Senior Doctor of Brixton maintenance of Code provisions
untli
now order was established, by the reported ten per cent. In-Prison testified that Stoner had
The President pointed to a batch SUNUCUNDARIANCES Acrease in import customs rates for admitted that he took two egg-
the purpose of recouping revenue spoonfuls of cocaine on slices of of resolutions on his desk from various industries, pledging main. losses incurred by
above bread before the tragedy.
Opening the defence, Stoner's tenance of these provisions.
He agreed, however, that Speaking on the decision of the counsel said there was no evidence | Central Bank of China to create a of a conspiracy between the two nothing could be done to harvest the majority who said they wanted Trust Department, Dr. Kung point-accused.
Normandie On Maiden Trip
measure..
the
factora wore involved, the Tran that Free State territory would THIRD OF POPULATION 2,000 PASSENGERS ON plies in the countly as a measure Stoner, who is 19 years of age and throat-cutting."
port Minister expressed the opinion, in reply to a Parila-not be permitted to be used as a montary question, that pedestrian base of attack against Great
Britain.
crossings had contributed sub- stantially to the reduction of stroot accidents.
The Free State was propared to
USES DRUGS
Shanghai, May 30. enter into BB agreement with A statistical report issued by Great Britain and to purchase the Chinese People's Anti-Oplum
In Greater London, the number pound for pound from her, he Society's shows that at least one
FIRST CROSSING
(Special to "Telegraph")
ed out that the Government func- He suggested that the murder to observe the provisions but who tion of regulating foodstuff sup- was a mad act on the part of could not be counted upon if one of them "decided to do some of preventing famine would be a cocaine addict.
"It all gets back to what happens transferred to this Department.---. Counsel auggested as possible a when ninety per cent. want to be. Central News.
verdict of guilty, but pleaded that on the level, but ten per cent, hit Stoner must be admitted to be
below the belt," President insane-Reuter.
Roosevelt asserted.
Balute.
He said he has not yet planned to broadcast a speech to the nation. He was not yet ready to talk of what he proposed to do to meet the situation-Reuter.
Le Havre, May 20.
There were 2,000 passengers
REVISING TREATY of pedestrians killed in March said. They were even prepared third of the whole population of All work ceased hero to-day and aboard, including the wife of the and April was 17.6 per cent. less to give Britain proference in Manchuria and Jehol are addicted dense crowds lined the waterfront, President, Mme. Lebrun, and the
Moscow, May 20. than in the corresponding months trade.
to oplum or heroin, narcotica while, to the tune of minased bands Minlater of the French Mercantile last year, before the crossinga A war in Europe, Mt. De Valera which are freely sold and bought playing the French and American Marine, M. Bertrand.
At the request of the Japanese were established. Special obser admitted, might possibly develop in the four provinces at very low national anthems, the giant liner The Normandie stop# at Government, the Government hero vations at crossings on four main a most serious situation for the prices.
Normandio, Jargest in the world, Southampton to take a breath has declared its readiness to enter Tho forthcoming weddingin roads out of London disclosed a-Free-State, But they would do A copy of the report will be sent anfiled-on-hor maiden voyage before her trans-Atlantic dash, into diplomatic negotiations with announced between Private Leslie- reduction of pedestrians killed everything in their power to do to the Oplum Committee of the across the Atlantic.
upon which her officers are con- a view to revising the Fisheries Wood, 1st. Bat. Lincolnshire Ragt and injured of not loss than 44 fend their own territory, he League of Nations by the Society. As she moved down the port, fident of winning the blue ribbon, Convention between the Soviet and mant, and Miss Zema Jex, of Kowloon.
promigod Reuter. per cent British Wireless..
-Central News.
Japan-Router. other ships sirens shrieked In-Reuter Special
City.