MASTER SIX COACH
U.S.$835
FAR EAST MOTORS
Doller T.T.1–18. 111⁄4¿ TT. on New York:—481⁄4, Likhting Up Time:-6.51 'p.m. High Water:~~~15.37.
Low Water:—18,20,"
FIRST EDITION
The
#GANADO
Hongkong Telegraph.
國
26 Nathan Road, Kowloon,
Telophone 59101.
FOUNDED 1801
No. 14961
三拜雞 號一廿月八英港香 WEDNESDAY, AUGUST 21, ́1985.
日三廿月七
SINGLE COPY 11 CHITS
$46.00 PER ANNUM
MOTORISTS WHOSE MOTTO IS
Safety
First
ALWAYS FIT
DUNLOP TYRES
U.S. MAY INVOKE KELLOGG PACT TO AVERT WAR
LEAGUE TO MEET Mussolini
IMMEDIATELY
BRITISH INTERESTS
THREATENED
FLEET MAY BE MOVED TOWARDS RED SEA
(SPECIAL TO “TELEGRAPH")
(By Telegraph. Copyright, Telegraphic Messages Ordinance, 1894, Received, Aug. 21, 8 am, 1
Paris. Aug. 20.
Determined
On Campaign
ITALY TO ATTEND GENEVA PARLEY
"IMPLACABLE" SOLDIERY
Rome, Aug. 20..
Following the return of Baron Aloisi from the abortive Paria con- ference, this evening, it was no- nounced that Italy will almost certainly attend the League Council meeting on September 4.
Another Indication that Signor Mensolini does not intend to drawi back from his African enterprise is seen in the fact that he is
volunteer for Colonial servico
It is authoritatively stated that the United States accepting the renewed offer to may invoke the Kellogg-Briand Pact, at least semi-made by his lieutenant, Colonel officially, in an effort to avert the threatening Italo-Achille Starace, the Secretary of Ethiopian war.
the Fascist Party, and nine mem- bers of the directorate of the
Meanwhile, it is reported that the League of Na-Party tions Council may go into session before the scheduled Starace holds one of the most date, September 4, in order to deal with the rising influential positions In Italy and emergency.
It is pointed out that the United States, being neutral, cannot formally invoke the Kellogg Pact. It can, however, invoke the clauses giving a neutral nation the right to draw the attention of other powers to the danger of conflict. In this way it may be possible to bring pressure to bear upon Italy.
It
all the members of the directorate are prominent Fascists.
Mussolini has replied to these offers that he will carry out the wishes of the volunteers at the first suitable moment,
Some 2,000 men of the Black- shirt Division, the March 23 | Division,” which Mussolini ad-
Meanwhile in London the Italian programme in dressed last week-end, embarked at Africa and elsewhere is regarded as increasingly Naples this evening. They have threatening to the British Empire's power.
ie understood that the Cabinet is considering sending | strong reinforcements to all terri-! tory bordering on Ethiopia and which is under the British Bag or Britial protection. The Govern ment has asked for fullent reports from British Somaliland, Kenyn and Uganda.
FLEET MOVING
It is unconfirmably reported that the Mediterranean Fleet is to be ordered to proceed towards the Red Sen.
The British public is denouncing the possibility of a war. It is Indicated that there would be strong popular aupport for any Government action which would re- move the danger,
It is now feared that Germany may take advantage of the Italian crials to form an aviation union which will make her increasingly strong in the air.
The Scandinavian nations and Finland will meet at Oslo on
August 28 to decide upon their joint League polley., The Little Entente nations meet at Bled, Czecho-Slovakia, for a similar pur pone the following day.-United Press,
ALLEGED SPY PLOT AT METZ
YOUNG NAZI HELD AS SUSPECT
PECULIAR CAMERA
Paris, Aug. 20.
project a narcotic strong enough A peculiar enmera; able to to put anyone to sleep for an hour, was found to-day in the possession of # 25-year-oldi Philippe Altmeyer:
man, Louis
charge of spying.
He was arrested at Metz on n
He is said to be the liaison
officer between the German Secret Service and
# French officer of the Metz garrison who has al- ready been arrested on charges IL DUCE'S ANSWER
of espionage,
Altmeyer, who holds a command Rome, Aug, 20. The recent increases in the Airlin the Nazi mobile forces, in described as a highly cultured Force, amounting to u strengthen- ing of that arm by the addition ofingulst, who has worked in India,
Philippines.
personnel to the extent of 67 per cent., constitute a forceful answer to the world-wide reports of pressure brought to bear upon Italy to force her to maintain peace, and talk of economle sanctions.
Il Duce Is challenging world opinion, the League and individual powers, disregarding threats of blockades and embargoes, confid- ent of his ability to reach his goal.
China and the Reuter.
LOCAL DOLLAR
DECLINES
BOMBAY REACTIONS
FELT
:
adopted the molto. "Implacable. Other divisions have adapted such mottoes as: "Who Dares. Con- quers."-Reuter.
CONCILIATION
Paris, Aug. 20.
NEA
The Cunard White Star Inar Olymple, the biggest British linor afloat until the launching of the Queen Mary, which is new to be sold.
WORKMEN TRAPPED IN TUNNEL
·FRANTIC RESCUE
ATTEMPTS
BERLIN TRAGEDY
(Speciał to “Talegraph"]
12, 5.10 8.9.)
Kidnapped
Girl Flees
To Safety
FOUR YEARS OF CAPTIVITY
RETURNS TO HONGKONG
Taken by kidnappers from the Yaumati district four years ago,
CHINA UNHURT BY U.S. POLICY
HIGH SILVER PRICE REAL BENEFIT
AMERICAN EXPERT SEES VALUE IN STABILITY
Washington, Aug. 20.,
Mr. James A. Moffett, the noted American econo- mist, has just returned from the Far East and has re- ported his belief that the United States silver purchase policy has not been harmful to China. He said that conditions in Chinu had generally improved, he believed.
Mr. Moffett declared that eventually there must be stabilisation of the price of silver in order to prevent violent fluctuations on the Exchange markets, says Reuter.
Mr. Moffett was in conference with President Roosevelt and following their conversation said that increased stability of the world price of silver would benefit a large portion of the globe.
"China as a whole is not as badly off as many would have us
SILVER TAX believe. It is generally better off
REREAL REJECTED
CONFERENCE OF CONGRESS
"SOAKING" THE WEALTHY
than last year. Many parts are prosperous," said Mr. Moffett,
He believed that international propaganda 'was reaponsible for the allegations that the United Staten silver policy was ruining China. A low silver price possibly was more to blame for Shanghai's recent difficulties than the high prices. He attributed Shanghai's troubles to the land boom.
"That boom is bound to blow up. Mr. Moffett argued.
"ON A SHOE-STRING"
the Telegraph. Copyright. Telegraphic Ma girl, Cheung Ling, aged 18 espre Ordinaner. 1111. Receivid, August years, made her way to Kowloon Berlin, Aug. 20. Inst night und met her foster brother, her only relative in the Another disaster, likely to in-
Colony. volve the loss of several lives, To-day proceedings of the Italo-occurred here, when # large The brother was hawking his |Abyssinian Conciliation Com-portion of the excavations being
mission were devoted to hearing made outside the Brandenburg wares at the time and was given the Abyssinia representative, Pro-Gate, for a new underground rail the surprise of his life when fessor Jeze. Subsequently the way, collapsed,
Cheung Ling turned up dressed, Italian delegate, Professor
in Hakkn style clothing and look- have far, seven workmen Lessona, naked that certain wit-
ing in perfect health. nesses should be heard and the been recovered from the ruins. Commission agreed to hear them been caused in a 60-foot tunnel A yawning gap 450 feet long has
Together they within the next few days.-Reuter,which was being driven with thei Mongkok Police Station and made of both houses to-day, the silver could buy more cotton with silver
CUNARD LINER TO BE SOLD
DEPOSED QUEEN OF MERCHANT FLEET
FINE WAR RECORD
(Special to "Telegraph”)
(My Telegraph, Copyright. Telegraphis Mess pre Ordinance, 1996, Received, Asosat 1. 3.10 .m.)
So
went to the
object of linking up the Potsdamer Platz and Stettiner stations.
Ambulances and doctors in white overalls have been rushed tom the apot awaiting the rescue of entombed workmen, many of whom |were - brought out alive. Press photographs of the disaster have to be submitted to the Ministry of Propaganda before being published.
a report. The girl was sent on to the C. 1. D. Yaumati Pulico Station, whore the report of her
are
Later.
Fourteen workmen
811|| buried in the collapsed under- ground excavations, Firemen and sappers, who have been working foverishly throughout the after- noon in the hope of rescuing thej jentombed men, have how been rein- forced by a further party of sappers-Reuter Special..
EXHIBITION DISASTER
Berlin, Aug. 20. The Radio Exhibition was re- London, Aug. 20. opened to the public at noon, the After being laid up since April, only damage done by yesterday's the Canard White Star liner Olym-fire being to one hall, which was ple, of 46,000 tons, which was burned out! Jaunched in 1910, iu to be sold.
One of the people injured in the A former trans-Atlantic grey-fire has died, while another is not hound, with the distinction of ram- (expected to live-Reuter. ming and sinking German sub- marine during the Great War, the
The Hongkong dollar declined Olymple was, until the launching of
European diplomats are belated-3/8ths this morning to is. 11%d.
the Queen Mary, the biggest Bri-
ly awakening to the vastness of Nominal business rates were 1a. tish vessel afloat.. Mussolini's undertaking, which I'1d. sellers and possibly 18. 111/8d. constitutes the first direct dellance buyers.
She is the largest liner to come into the market for scrapping, to the power of the British Empire. The market Icenliy Is demoralls though at present ho définite in- Italy's one-man-rule gives her a od by developments in Bombay, formation is obtainable whether the great diplomatic advantage, as Later in the morning the marketCunard White Star Company would, diplomats elsewhere must obey the was atendier, with business rates of if it received an offer, sell the ship instructions of Governments-1s. 11.1/8d. sellers and Is. 11d. for any other purpose than scrap- United ProsS,
ping.-Router Special.
CLIPPER HOPS FOR HOME
BRIEF CALL UPON WAKE ISLANDERS
giant
HEAVY LOSSES
IN SILVER
Bombay Dealers At Critical Point
Bombay, Aug. 20.
It is reported that bullion dealers have lost 10,000,000 rupees in the silver market. One prominent dealer alone last 3,000,000.
It was rumoured that pro- minent dealers were unable to meet their liabilities at the present settlement. Reuter.
(Special to "Telegraph”)
Washington, Aug. 20. At a Congressional conference
Įprofits tax repeal measure was [rejected.
He declared some of the banks in the vicinity of Shanghai were operating "on" a shoe-string"
Generally speaking, he asserted, silver price increase would promote an increase in the prices of other commodities. The Chinese
it
at 67 than they could with silver_ at 25. But he added that violent price fluctuations should be The conferces reported on the avoided, because they provide Tax-the-Rich Bill. They have fixed speculators with an opportunity upon the following regulations for for organising 11 world-wide
racket United Preas.
Mr. Moffett is
the measure:
1. A graduated corporation tax, commencing at 121⁄2 per cent. on $2.000 net income and graduating to 15 per cent. on $40,000.
president Roosevelt's Industrial a member of Advisory Board, appointed under the N.R.A., and as such has ad- vised the President on matters 2. A six per cont. excess pro- pertaining to the American fiscal fita tax on net profits between ten policy from time time. Mr. and and 15 per cent., with a flat 12 per Moffett is former director cent. on profits above 15 per cent. vice-president of the Standard Oli
Company of New Jersey. 3. Personal Income surtaxes starting at $50,000 net income.
4. Increased estate gift taxos. b. Increase
in
to
STERLING LINK
Washington, Aug, 20.. Mr. James Moffett spoke again the present capital stock tax to $1.50 per upon China's difficulties of recent thousand.
date, this time to express a doubt The conference rejected the in-of the value of linking the Chinese heritance tax plan and the tax-dollar to sterling. He did not think this would benefit China, whose exempt securities amendment,
Senator Pat Harrison estimated people were not used to a paper the yield in extra
from currency. revenue
He said the bulk of the Interior these new measures would amount business in China was conducted in to millions of dollars. He reckons
on $35,000,000 from the corpora- copper, not silver or paper. But he.
added that the higher silver went suction income tax, $45,000,000 from the more rapid would be the stabill-
the capital stock tax, $102,000,000 sation of the price. kidnapping was originally made from the estate gift tax, and $45,-
He said he might make a formal 000,000 from the personal income report to President Roosevelt if he four years ago.
tax.-United Press.
was requested to do 80,-United Preds
The girl walked alone from a village in the, Sheung Ting dis- trict, where she had apparently: escaped from the bonds of cap-| tivity. She took four days to complete the hike to town,
+
•*
ENGLISHWOMAN
KILLED
STRUCK BY PLANE PROPELLOR
FINAL AGREEMENT
Washington, Aug. 20, The elimination of now in- heritance, levies proposed by Presi- dent Roosevelt, 08 well as an At the time of the kidnapping, amendment by Senator William E. her mother and other relatives Borah forbidding future issues of loft for the country but their Federal-exempt securities, and the search proved unavailing and McCarran Amendment repealing buyers.
'New York, Aug. 20.
they gave it up as hopeless.
much of the Silver Purchase Act, In London, silver was unchang-
¡Pan-American Airways
has been effected by the Senate and Choung Ling's foster brother, House conference committee, which ed for spot yesterday, but there
Clipper to-day commenced its ne however, romained in Kowloon, has reached final agreement on the Washington, Aug. 20.. was a 3/8ths decline an the for- COTTON LOAN RENEWAL :
turn flight from Wake Island. Its and she apparently know of this, "Soak the Rich" Tax Bill.
Warsaw, Aug, 20. The-possibility of war in Europe ward quotation-India-anti-China”
first halt will be at Midway Island: Tor on arrival here she straight-
Tha Englishwoman, Miss Agnes. to-day pracipitated an animated sold, while America hought. The
It has delivered supplies and away searched the streets for him the Bill, us now agreed upon, would to participate in the chess contest Instead of the Inheritance taxes, Stevenson, ägdd 52 years, who was debate In the Senate in which cash position was steady, but the
New York, Aug, 20. '- The New York Times Washington Low luxuries, like two motion ple- and found him hawking. twenty members joined, and dur forward market wan dull, owing to correspondent, says a renewal of ture is, to the men who are work-
Increase existing estate and gift for the. Ladies World Champion- taxes--Bouter. ing which newspaper war scare Indian sals.. Reuter reports that the cotton loan programme, on a Ing on the wireless stations and It is stated the girl remembers
ship here, was killed instantly on headlinos were read out.
after the official fixing, spot silver basis of ten or eleven conta, aerodromes af Wako and Midway the names of her kidnappors and
arrival by aeroplane A powerful group of senators is remained steady, but the forward instead of last year's twelve cents, Iniends. It will travel to Hawait this, no doubt, will assist the
Bho was struck in the band by the The P. and 0.-liner Ranchi is due propellor when she walked in front pressing for the passage, before price was further reduced by appears probable. A decision in and thence to California by easy police greatly in their efforts to here from Shanghai at 7 am on Fri of the machine. Rautery Special
(Continued on Page 7.) 8/16thn.
expected very soon.Rauter, stages. Reuter..
day,
WASHINGTON DEBATE
track them down.