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FIRST EDITION
The
Supreme Cont:
Hongkong Telegraph
FOUNDED 1981,
No. 16590
四拜雞 號六月六英港香
STOP GAP N.R.A. SCRAPS CODES
MIXED REACTION TO ROOSEVELT PLAN
SOME AUTHORITIES SEE
TURMOIL AHEAD
Washington, June 5.
President Roosevelt's announcement of a "stop gap" programme, proposing the extension of the National Recovery Act in a skeletonised form until next April, which virtually scraps all features of the N.R.A. designed to improve working conditions and establish fair trade practices, has caused much surprise in Washington and elsewhere.
It is the opinion of some observers that President.
Sir Samuel Hoare, who is strongly favoured as British Foreign Secretary in succession to Sir John Simon.
Roosevelt has decided to abandon more of the N.R.A Quezon May
than was rendered absolutely necessary by the Supreme Court's decision.
There is no provision for codes of any kind in the new plan, not even those relating to inter-state com- merce exclusively.
The widely expected proposal for ! voluntary codes for inter-stile busi- ness did not only fail to materialise, but the President has declared there will be no attempt to persuade busi- kexs men to adopt such agreements.
In the words of the New York Journal of Commerce, President. Roosevelt "gives up virtually the whole of the N.R.A. experiment, lock, stock and barrel;" the N.R.A. is reduced to mere staistical agency, apart from its duty in en- forcing certain standards on the one per cent, of industry working on Government, contracts.
Some observers believe that Pre- sident Roosevelt desires to free in- dustry from the shackles of the codes in expectation that the result- ing disorganisation will build up a sentiment for constitutional amend meni.
RELIEF
FOR HUSBANDS
NO LIABILITY FOR WIFE'S WRONGS
NOR PROPERTY RIGHTS
(Spacial to "Talagraph")
Telegraph, Copyright, Telegraphie
At the same time. President) Roosevelt's support of the Wagner ateges printer, 1901. Berrived. June Labour B is taken in same, A34 1.1. quarters as a move to strengthen the hands of organised Labour and i establish a bulwark against any outbreak of wage-cutting, and its usual sequel, price-cutting,
FUTURE LEGISLATION?
Not Run For
THURSDAY, JUNE 6, 1935.
NEW HEAD
OF LONDON POLICE
AIR VICE-MARSHAL APPOINTED
(Special to "Telegraph")
A. A. m.)
May
tily Telegraph. Copyright. Telegraphie Stesengro Ordinoner, 1995) Braniend,
London, June 6. The announcement that Air Vice- Marshal Sir Phillip Game will suc- ceed Lord Trenchard as Commis- isioner of the Metropolitan Police on November 1 recalls the serious con- flicts which the new Commissioner had, as Governor of New South Wales, with the Socialist Premier. Mr. Lang.
The trouble arose when Mr. Lang flouted the Federal Government and suspended, certain State debts, locked the taxation ofee, and sent the staff on holiday.
Sir Philip Game then ordered Mr. Lang's resignation on constitutional grounds, and Mr. Lang was defent- ed in the subsequent election.-- Reuter Special.
Presidency Conviction Of Duke Quashed
REPORTS SUCCESS OF U.S. MISSION
CONSTITUTION APPROVED
PAWNING OF JEWELS NOT FRAUD
(Special to "Telegraph")
London, June 6. The Court of Criminal Appeal to-day quashed the conviction Complete satisfaction with the against the Duke of Manchester. outcome of their visit to America who was found guilty of securing and confidence, in the future of the money by false pretences on May Philippines #9 # commonwealth
10. The Duke pawned certain was expressed by both Governor family jewels.. left by his mother. Murphy and President M. Quezauwhich, although his wife had their on their arrival here to-day on the use, were not owned either by her | President Coolidge from America, For
en route to Manila.
There was a large gathering of Filipinos and friends on the wharf to meet the ship and banners with inscriptions of welcome on them were paraded as the ship drew alongside:
the Duke, but by the estate held in trust for them.
Lord Hewitt, giving judgment to-day, anid the question Was whether there was intent to de- fraud. The Duke had maintained that he was advised by a barrister that he had a right to do what he did.
日六月五
Lord Trenchard,, who is being suc- ceeded as Commissioner of Metro- politan Police by Sir Phillip Came in
November.
1.
London's
Transport
Progress
GREAT DEVELOPMENT PLANNED
BETTER SERVICE TO SUBURBS
(Special to "Telagraph")
Telegraph. Copyright. Telegraphic Merongen Ordinance, tapi. Neertred." June G. 27 )
London, June 6.
In the House of Commons to- day. Mr. Neville Chamberlain, Chancellor of the Exchequer, an- nounced comprehensive develop meal of London suburban trans- port, spread over a period of five years, at a cost of £35,000,000,
The scheme, which is the result of protracted negotiations between Government. the London
"We went to America to get the new Constitution approved; it hus Lord Hewitt criticised the triat Lamión, June 15. been,so we
the muy say that "the | Judge for not plainly formulating has
of the defence in Measures of relief for husbands mission
been completely the nature
summing up. His Lordship said. from the knomalous burdens in-successful," soid the President. curred upon marriage are provided Regarding his further participa- the jury should have been told in Bill which had its secondtion in the polities of the Philip that the Duke was entitled to ne- reading in the House of Lords to pines, President Quezon could not quittal if the jury were satisfied give any very final information. with his explanation or if the "My candidacy has not yet been jury could not exclude the view explanation might be lodged and there is a possibility that his
not stand for the true-Renter Special. Presidency at all," he said.
The N.R.A. situation at a glance day hints at future legislation to ex-
Styled the Law Reform Bill, the pand the skeletonised act. Con-measure practieally extinguishes that 1 may gressional circles believe. But husband's rights over his wife's thus far, there has been no official property and also removes his announcement of any funt decision ability for civil wrongs in this matter, nor any suggestion breaches as to the basis on which such by her. legislation might be evolved.
Or
of contraci committed
NO MISGIVING ·
"AR for the future of the Philippines, I am very optimistic. General Hugh Johnson, former The new law departs from the I believe that we can meet the N.R.A. chief, addressing the New principles of the ancient system problems that will have to be England Bankers Convention at of English law under which a man faced successfully. I have no Swampscott, Mass., said that many took all his wife's property and misgivings whatsoever. resolutions had been adopted by assumed legal fiability for her "It is always a serious business trade associations, urging con-actions within forty-eight hours a change of government, but we tinued observance of code of their marrings.-Reuter Special, are fully prepared to meet it and standards. Some of these were
come out successfully. merely "bally-hoo," or cheap ad- vertising,
PREDICTS VIOLENCE General Johnson predicted tur-] moil, rioting and bloodshed follow-¦ Ing the N.R.A.'s demise.
Mr. Harper Sibley, President of the United States Chamber of Commerce, praised the codeless! N.R.A. plan. He says il is exactly what business wanted.
India Bill With Lords
WILL BE LAW BY SUMMER RECESS The American Federation of
London, June 5, Labour Executive Council met thị belligerent mood to discuss the The House of Commons to-day N.R.A. pians. The attitude of this by a vote of 386 to 122 gave third body is uncertain,
reading to the India Bill which Representative Jones, Chairman was sent to the House of Lords. of the House Agriculture Com-It is expected that the Bill will mittee, has disclosed that the receive the Royal Assent before A.A.A. licensing features would the summer recess. be dropped altogether and re-
No Bill since the War has claim- placed by a carefully defined and limited authority, to be placed Ined so much time of the House of the hands of the Secretary of Commons. Forty days, or the Agriculture, to issue equivalent equivalent of nine parliamentary
weeks, direction.
Over 1,100 amendments
The possibility of the Philippines having anything to fear from Japan once America has left the islands denied emphatically by the
was
President.
SILVER IMPORT REGULATIONS
MORGENTHAU AMENDS LICENSING LAW
Washington, June 5. Schator David I. Walsh, Demo- crat, of. Mussachusetts. to-day introduced a Bill authorising the Treasury to differentiate between monetary and commercial silver to prevent the price of commercial silver from fluctuating.
Also, Mr. Henry Morgenthau, Secretary of the Treardry, has amended the regulations licensing
I am not worried about Japan, so far as I know there never has been any ill feeling and I do not belleve that Japan is contemplating the importation of forelge silver taking the Philippines."
Though he said that he had understood that the recent Sakdalist risings in the islands had been caused primarily through economie stresses, President Quezon stated that since all his information was second-hand and that he was not particularly well informed on the subject he would perfer not to comment at all.
The Philippines, like every other country, has suffered from the present economic position, but we can overcome that in time.
TRADE WITH U. S.
were devoted to the "Nothing yet has been done," A warning that martial law measure.
snid President Quezon, "on the might be necessary to cope with have been discussed by the House, question of trade relations be the unrest in the country unless while Sir Samuel Hoare, Secretary
the tween
Philippines and the Wagner Labour Dispute Bill of State for India, made
Americn. The American Presi-
were
228
coins.
The amendment which will be- come effective as from August 18 provides that only representative Reserve or New York Federal Government banks may import without licence.
However. United States 411" exempted silver coins may be im- ported without licence but the licenace
must show that the coins are required to fulff a legi- timate obligation,-United Press.
•
LOCAL DOLLAR
DECLINES
MARKET TONE EASIER
The Hongkong dollar declined a
and the Guffey Coal Stabilisation speeches during the debate. Mr.dent, however, will appoint a farthing this morning, the official Bill were enacted, is attributed to Richard A. Butler, Under-Secre-Trade Commission shortly and it rate on opening being 28. 4d. The President Roosevelt, who is sald try for India, was responsible for will meet a similar Commission market is inclined to be steady, to have stated that these measures 247 speeches.
appointed by the Commonwealth but the undertone is rather more indispensable than Labourites and Right Wing Con- to discuss the future of the trade easier. The inter-bank rates ware over now that the N.R.A. W servatives, led by Mr. Winston relations between America and the about 28. 4d, sellers and 28.
Churchill, opposed
Bill Philippinca." the
G/8d. buyers. NO WAGE CUTTING
throughout, but from a different
In London, silver prices rose standpoint. They combined in the
0/16this yesterday. India and final division, however, to vote
China bought, offerings being against the Bill-Reuter,
small. The market was quiet.
dead.
Now York, Juno G. A resolution approved by the
(Continued on Page 7.)
The question of trade, It was understood, was one over which some difficulty was met when it (Continued on Page 7).
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LAVAL FAILS TO
FORM CABINET
PIETRI ATTEMPTING DIFFICULT TASK
SOCIALISTS HOPE FOR UNION WITH RADICALS
Paris, June 5.
After all-day conferences with President Lebrun, M. Pierre Laval, voteran French statesman, abandoned the task of forming a Cabinet to succend that of M. Bouisson which resigned yesterday.
It is now announced that President Lebrun has sent for M. Herriot, Radical leader, who will probably recommend that M. Daladier should be offered the premiership.
It is understood that M. Laval failed to find sufficient suppport to ensure the life of a Cabinet of his choice because he wanted the Plenary Powers Bill limited in application to the defence of the franc.
FINANCE CRISIS EASED
1
DR. KUNG MORE HOPEFUL
BANKRUPTCY
LAWS
Shanghal, June 6.
The Radicals only agreed to this alteration of plans by a very arnall majority which M. Laval did not consider Rumleient to erable him to take offlee with any hope of success,
The political crisis is at pre- sent dominated by the Leftist parties who have made M. Luval's task impossible and discouraged him so that he has given up the attempt to form a Government.
Meanwhile, the Socialists have submitted a remarkable manifesto to the Radicals which is suggested as a basis of policy on which a Loftist Government could be formed.
the Bank of
ELECTION SOUGHT
The manifesto condemns the granting of plenary powers to the Government to den with' any Anancial crisis, or anything else, In dealing with the emergency but demanda the nationalisation situation created by two further of key industries and. In certain bank failures on Tuesday, the Nat-circumstances, king Ministry of Finance has pro- France. mulgated six regulations governing the liquidation of bankrupt banks and other financial institutions. The manifesto further calls for One of the regulations provides the dissolution of semi-military Transport Board, the London and that the Ministry of Finance shall leagues and preparations for the North-Eastern Railway and the have the right to send an offcial to dissolution of the Chamber, to be Great Western Railway, will pro-supervise the liquidation of any followed by a general election on vide a great improvement.
announced bankrupt bank and that the basis of proportional repre- It covers the electrifiention of the procedure of liquidation must be sentation.
Well-informed many suburban lines into Liver- completed within a period of three
quarters. how- Radicals and. those cases in ever, bellove the pool Street, also some of the North months, except in
for Socialists will agree to differ and London lines and the London and-which applications are made North-Eastern Railway, besides the extension of the prescribed period allow the crisis to continue with-
out a visible issue.--Reuter. construction of tube railways, on specifle grounds. giving new connection between
During the period of liquidation,
PIETRI'S EFFORT electrified lines and the West End. the manager or any of the directors
Paris, June 6. Mr. ChamberlaiZI said that and supervisors found guilty of The Left Republican, M. Pletri, owing to the high level of Govern- mishandling the
the has been invited to form a Govern. mont credit, an Exchequer guaran.bankrupt firm, or other corruption, ment and is now consulting with teo of the loans required would will be liable to severe punishment. various political leaders. He told suffice to enable the London Board
Dr. H. H. Kung, Finance Minis-journalists that he intended to and the railway companies to undertake the whole programmeter, declared that the financial propose to the Left groups that situation had been ensed following they should participate in the immediately. Legislation authoris ing the guarantee would be in the adoption of an emergency re Government on the widest basis troduced immediately after the fef measure by the Government In possibic.
the form of the issue of $25,000,000 It is possible that M. Pietri, who Recess.
worth Treasury Loan bonds to the was formerly a high official of Chamberlain adaled that local Money Firms' Guild. The the Finance Ministry and later the programme involved the build-applicant for a loan must provide Minister of. Finance, will take the ing of twelve miles of lube rail goods or property as security of finance portfolio as well as the way, electrifying forty-four miles eighty per cent. and seventy per Premiership if he succeeds in
Cabinet. besides cent. of their
He urges of Buburban
respective market forming a railway,
the necessity of full powers being doubling and electrifying over values.-Central News,
granted to any Government at the. twelve miles of further suburban
present juncture. railway and the substitution of trolley bases for tramears on 148 route miles.--Renter Special
Mr.
SPANISH REBELS SENTENCED
LONG PRISON TERMS FOR LEADERS
(Special to "Telegraph")
Madrid, June 0.
funds of
New Cabinet Secret
PROPHETS KEPT IN DARK
London, June 5. Cabinet reconstruction prophets remain in the dark regarding Mr. Baldwin's intentions In the matter of the personnel of the now Ministry.
The maximum sentence of thirty
However, Sir Samuel Hoare's years imprisonment, demanded by recently-revealed great interest in
The cartel combination appears to have been condemned before trial. A meeting of Radicals, be- fore the joint conference of the Left groups, decided that many points in the Sociallat programme are unacceptable. Consequently, the Left groups find themselves in an impasse, thereby clearing the path for M. Pietri-Reuter.
DANGERS OF AIR RAIDS
BRITISH FIRE BRIGADE CO-OPERATION
London, June 5. The Home Secretary, in-the Com2, the prosecution, was passed by the foreign affairs is responsible for a mons, said that in connection with Tribunal of Constitutional Guaran strong rumour that he will succeed and possible danger of incendiary preparations for national defence Beven members of the Sir John Simon as Foreign Secre-attacks from the air, he hoped to tees on Catalun Government, Including Senor Companys, former President, and may possibly be succeed-make a statement after Whitsuntide ed at the India Office by the on the question of setting up a of Catalan, and General Itat, for Marquis of Zetland.
Inst rovolt
Committee to consider schemes for participation in the
Mr. Anthony Eden, It
pre bringing all fire brigades in Eng- October.
dicted, will continue to occupy land and Wales up to an approved The verdict was approved by prominent post, the nature of standard of efficiency, and Interlink- {forty votes to soven-Router which
presented
uning them without regard to local Special.
determined.-Reuter.
boundaries.--British Wireless,
at