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The

FIRST EDITION

Library, Supay

Cours

Hongkong Telegraph.

FOUNDED. 1801 No. 14734

二拜禮號五月一十英香 TUESDAY, NOVEMBER 5, 1935. 日十月十

SINGLE COPY 10'DENTS

13.00 PER ANNUM

THE LATEST

·AND.

MOST UP-TO-DATE in

WOODEN BUTTONS & BUCKLES JUST ARRIVED.

AT

MOST MODERATE PRICES

AT

WHITEAWAY'S

TWO ARMIES CONVERGE ON MAKALE

WITHIN

SIGHT OF CITY

10,000 WARRIORS ON ROAD TO BATTLE

PLANES BLAST PATH IN

VAN OF ATTACK

(SPECIAL TO "TELEGRAPH")

(By Telegraph. Copyright, Telegraphic Messages Ordinance, 1894. Received, Nov. 5, D am.)

Rome, Nov. 4. Despatches received from the front to-day state that squadrons of war planes are bombing ahead of the Italian troops from the Danakail desert to the Sudan border, blasting a path towards Makale,

has

The planes have spotted an Ethiopian force estim- ated at 10,000, rapidly marching towards Makale from the south,

Up to now the advancing Italians have met with no resistance and have occupied numerous villages without firing a shot.

After the capture of Makale it is expected they will remain a month in their lines to consolidate the position before launching a new drive.-United Press.

WORD FROM THE FRONT

Asmara, No. 4.

15

The First Army Corps column

renched Agula, about miles from Makale, und has established outports on the other side of the valley almost within sight of the Ethiopian city which "is"thermy's objective-in-this-

sellor,

A night of heavy rains has turned the tracks near Makale into muddy torrents-Reuter.

WAVE TO INVADERS

Asmara, Nov. 4. Beckoning hands and waving white sheets have been seen by Italian planes flying over Makale. They are regarded as signals to the Italians to occupy the town and

indicate that the нести to

Ethiopian troops have evacuated.

EUROPE TENSION EASIER

ANGLO-ITALIAN CONVERSATION

NEARER TO AGREEMENT

(Special to "Telegraph")

ty Telegraph. Copyright. Telegraphie Men

The only troops observed in the Ordinance, 111. Received, November neighbourhood by army observa- | *. • cama tion pilots was a group of about 3,000 striking camp, and starting! in the direction of Makale,

Lantion, Nov. 4. Sir Samuel Hoare, the Foreign

Italian planes are scouring the country in connection with the latest advancé into Ethiopia. Pic ture shows a batch of machines being shipped at Naples for use in the war operations.

BALDWIN RETURNED UNOPPOSED.

38 CANDIDATES GET

ACCLAMATION..

OVER 1,300 NOMINATED

www.d

(Spacial to "Telegraph")

By Telrora, Copyright, Telegraphic angea Ordmance, 1894. Received, November

London, Nov. 4.

1,9 km.)

CONGRESS PARTY ARRIVES

SENATOR KING ON SILVER

FIXED EXCHANGE ADVOCATED

to

STAVISKY SCANDAL **ECHOES

TWENTY ACCUSED COME TO TRIAL

70 LAWYERS ENGAGED

Paris, Nov. 4.

CHINA DOLLAR

ENIGMA

HONGKONG ACTION HAS BEARING

EVEN EXPERTS CANNOT PREDICT RESULTS

New York, Nov. 4.

Bank and trade quarters continue reluctant to express opinions on the Chinese monetary develop- ments. It is held that just what the ultimate result of the attempt to use paper money will be cannot be fore- seen by anyone, as China is even less predictable than Occidental nations.

Traders fear that a demoralised currency in China is likely to harm still further the dwindling American trade, while if a managed paper currency is successful no gains can be expected.

Financial observers do not attempt to forecast either the near term or long term repercussions, In- stead, the following questions immediately arise in their minds:

SILVER REACTS UPWARDS

-NEW-POLICY-

RESTRICTED

EXPORTS-

New York, Nov. 1.

and Far

1. Will the Chinese people genorally accept the new currency, and if not will the Government have sufficient power to force ne- ceptance?

2. Will the Chinese Government, with a view to supporting ex- change, have to sell immediately large quantities of silver, and If so would the U.S. Treasury be confronted with a vastly increased supply, reducing its bidding price and thus courting renewed de- moralisation in the silver markets?. ---Will the-Hongkong-Govern.- ment take iction analogous to that of Nanking?

4. If China abandons silver per manently what will be the eventual price of the metal?

OPINIONS, DIFFER

Carrying the Vice-President of the United States, Mr. John Nance) Garner, and the Speaker of the American House of Representa After ten months' preliminary Mentives, Hon. Joseph W. Berns, the investigation, the trial has opened Dollar liner President Grant here of twenty persons, including arrived here this morning from Madame Arlette Simon Stavisty, RESULT OF CHINA'S Shanghai_with her congressional charged in connection with the Over 1,300 candidates have been party en route to the Philippines swindle based on the issue or false nominated for the general election to attend the inaugural ceremonies Bayonne pawnshop bonds. on November 14. Of these thirty-of the Philippine Commonwealth eight are returned unopposed, in- on November 15.

To-day's hearing was devoted ihe formal reading of the |cluding Mr. Stanley Baldwin; the The flag-bedecked President charges, which lasted nearly two

Prime Minister.

Grant was met by the United hours. No fewer than seventy States Consul General Mr. Charles Jawyers are engaged in the case. There are 29 Conservatives, | three Liberals and 13 Labourites Hoover, and other leading Ameri-

ean citizens of Hongkong..

The defence alone. is calling The silver market returned by acclamation.

At 10 a.m. Mr. Garner and Mr. 121 witnesses, and the hearing is Eastern exchanges were only All the members of the Govern- Byrns paid an offleial call at Gov-likely to be protracted.-Renter.

slightly disturbed by the Chinese ment, except Mr. Baldwin, are rnment House, a guard of honour

monetary reforms, which likely to have to contest their being present drawn from Some months ago, the examining generally regarded as largely the magistrate in charge of the result of the United States silver Stavisky enquiry decided that policy,

The consensus of opinion scoms there were no grounds for the prosecution of nine of the 28 Local bankers and foreign ex- to be that the ability of the persons originally accused. These change circles offer little immediate Chinese Government to control the MM. Edmond. Bayer (a comment on the situation, the gen situation is a paramount factor, former Deputy), Adrien Cerf, cral inclination being to watch for and pending its demonstration It

is impossible to appraise Faxene Tribout, Henri Volx, Nie further developments,

curately the immediate outlook. Nevertheless. the impression is In the absence of Mr. Henry. neaux (alias "Joe the Terror") that the steps taken will not neces-Morgenthau, Secretary of the Aymard (cauvonser), sarily mean inilation, although it Treasury, and the Under- Louis Proust ( Deputy), and is reccgnised that muck, depends Secretary. Mr. - Coolidge, Henri Piet (controller of the upon the degree of success with official comment has been forth- Bayonne municipal pawnshop).

which China manages her new cur-coming from the Treasury in

Beats.

Among the humorous incidents was the nomination of Mr. Harper at Walsall, who decribed himself; as an- "honest politician. The returning officer declined to accept and the candidate was compelled the description-of-the-candidato, to amend it to plain "politician."

The Italians, meanwhile, claim Secretary, delivering an address 46t49fcomp4#hu! . n.treternj advance along a fifty mile front-day, said that the Government in the direction of Mukale, almost had been cancernat over the ques- tion of whether the Italo-Ethiopian without opposition.

dispute might result in a European shirt and beret, and attended by

Planes, however, have spotted two large bodies of men moving towards Makale from the south, which may mean that the Ethio- plane will make a determined

war.

BRITAIN'S TERMS

South Leeds, has n' social credit candidate, who, wearing a grey

were

supporters similarly nttired. attempted to pay the required deposit of £150 in half crowns. Meanwhile it is fearned in rell-The returning officer, however, in- stand before the city, and may tryable sources that Britain has insisted upon notes, which lo hold the position.

timated to Italy that two mere supplied at the last moment.- Italian engineers and roade divisions of troops, totalling 24.000 Reuter Special. builders aro accomplishing men, must be retired from Libya miracles of construction, muking before the Mediterranean fleet can passable ronda so speedily that be moved. truck traffic can bring supplies to the most advanced position.-- Renter.

"PEOPLE MOVE

FROM LONDON

Anglo-Italian conversations at Geneva will be resumed when the Italian delegates arrive Tuesday aight.-United Press.

NEW PRODUCTS FOR EMBARGO

ADDED TO LEAGUE LIST

London, Nov. 4.

LOCAL EXCHANGE STILL WEAKER

Confused Conditions

Prevail

On the official quotation, the Hongkong dollar declin- ed 12d. this morning to 15. 7d. The market was crratic, with sellers 1s.. 5ad. and buyers at Is. 6d. Merchants were inclined to cover,

at

an

the

Confused conditions pre- vȧiled, with the market weakening somewhat hour after the opening. 2015/STORE.STÍÐ: Aims

were

[men (the boxer). Georges. Hain-

Camille

LIST OF ACCUSED

Gustav Tissièr (director of the Bayonne municipal pawnshop},

Joseph Garat (ex-Deputy and mayor of Bayonne),

rency.

SOUTH AFRICA JUBILEE

are

Some are of the opinion that the quantity of aliver to be sold by China for the purpose of stabilising her currency will de pend largely upon whether the level chosen wore natural or fetitiously high or low,

Washington.—Reuter,

RC-

"If it reachóя $1.29 an ounce it will go there before the 1936 election, or not at all," he de- clared.

SMART MOVE At the same time there is somo The other 19 who now face scepticism as to whether the Gov- charges of forgery, fraud, and re-ernment will be able to carry out

San Francisco, Nov. 4. |ceiving stolen goods, Include:

Senator Thomas, another of the the nationalisation order effectively. "high silver" advocates, pro-

Silver circles agree that the

nounced China's nationalisation, nction might eventually turn out to be a bullish factor in the silver of silver as a smart move, sa

serting the price of the metal may will likely grow now reach $1.29 an market, which

Филсс in a stronger under the Influence of the

· Raout' Desbrosses (director of restriction of Chinese exports.--

few months...

"The Chinese Government has Orleans, municipal pawnshop), Reuter,

taken time by the forelock and has Vincent Digoin (ex-police in- Royal

moved to hold her silver in ad- Welch Fusiliers. Calls

spector). ITALY MAY AGREE

vance of the day when silver will Commodore wore also paid to

General

Gauller, George

und Pierre London, Nov. 4.

Sedgwick and Major

be worth moro as bullion than as minted money. Guiboud-Ribaud (Stavisky's "law- Thackeray. By the week-end, it is considered

Mr. Garner, when interviewed | yors), ** kely that Italy will have satisfed

this morning, and told of China's Pierre Darlus and the conditions essential to the ro

Paul Levy new silver policy commented: (newspaper directors), THEduction of British naval forces in

the Mediterranean and the reduc- Sub-Commillee of the Committee

At Geneva to-day the Economic "Well, that's very interesting." Pierre Romagnino (Starsky's He refused, however, to make tion will be carried into effect,

of Eighteen considered proposals any statement. I have notepretary), These conditions are the cessa- to add to the list of key products, granted a nowa "interview sinco London, Nov. 4. tion of Italian anti-British propa- the export of which to Italy the my election," he said, "and 1pire Theatre, Paris), Continued movement of

the ganda and reduction of the League States have agreed to sha'n't do so. until my term Ex-General Bardi de Fouriou

South Africa to-day celebrated population out of London into the Italian forces in Libya by at least prohibit after November 18, the of office is ended. In the firm of (already in prison for forgery), the silver jubilee of the Union, AMERICA'S ATTITUDE suburbs is shown by statistics for another división.

following:-011, coal, wrought. Roosevelt and Garner, Roosevelt

(ex-Paris which was formed on November 4, the administrative county of

Deputy), and

1910, when the first session of tho |

Washington, Nov. 4, From Partly as a result of Sir Samuct and, cast iron and rolling mili is the speaking partner." London, the

responsible quarter. the 'estimate of

Hoare's talks with Baron Aloisi in

products..

Arlette Simon Stavlsky, the Union Parliament was held. population of which was 4,210,200 Geneva, a more conciliatory Anglo-

REGRETS DECISION

here, the United Press learned to-. widow. last year, a decrease of nearly Italian atmosphere is apparent. mittee approved these additions It is understood that the Com-

Cities throughout the country day that it is indicated that the covers Senator William H. King, of The Indictment 167,000 since the census of 1931. Bron Aloisi shows a definite desire in principle, subject to

969 further Utah, a supportor of the American pages, and the examining magig were bellagged in honour of the United States intends to conduct impressive it allver programme with the This compares with a decrease to improve Anglo-Italian relations exploration of the attitude of non-silver buying policy expressed trate's report 677 pages. Three casi of only 87 620 in the ten years and has made certain suggestions League States which are among i regret when told of the new move of the principals accused in the ceremonies were. held to com-minimum of injury, lo, China in connection with China's lateat before 1931. The only Boroughs in a more or less personal capacity the principal exporters of these by China which was announced scandal are dead-Stavisky him- memorate the anniversary. monetary measures for the stabili- within London County to show which, however, in the event of commodities. The proposal will yeatorday,

solf, Blanchard, of the Ministry of j Numerous telegrams have been aution of the yuan. decrease of population are their development have to be recome before the Committee "Offhand and without deliborat Labour, and Maingourd, director received here from other Parlia It was, indicated that their: Hampstead ∙and. Lowisham.- forred to e Signor Mussolint for of Eighteen on Wednesday. Ing," he said, "I- should say that of the Orleans municipal pawn- monta throughout the Empire-policy is a continuation of the British Wireless.

| approval,-Router.

British Wireless.

(Continued on Page 7.)

shop.

Reuter.

DRIFT TOWARDS

SUBURBS

Henri Hayotte (director of Em-

Gaston

Bonnaure

UNION CELEBRATES

BIRTHDAY

Pretoria, Nov. 4.,

while

1

He added that some “silverites" were anxious to get silvor, to the $1.29 luvel in the immediate future. ás. Hisurance against any chango

in the administration.-Neuter.

#

(Continued on Page 7)

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