1932-11-09 — Page 1

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No. 28,260

HONG KONG, WEDNESDAY, NOVEMBER 9, 1932. PRICE $3.00 Per Month.

Fort DUNLOP

The Tyre Incomparable

ROOSEVELT CONCEDED VICTOR IN U.S. PRESIDENTIAL ELECTION

CHANCELLOR

CONDEMNS

BIMETALISM

Banks Won't Accept

Silver For Gold.

NO HELP FROM ASIA.

London, To-day.

The House of Commons yesterday adopted without division the Labour motion. expressing Parliament's con- cern with the present volume of unemployment and wel- coming all measures dealing therewith.

was note-

The debate worthy for the long state- ment of Mr. Neville Cham- berlain, Chancellor of the Ex- chequer, rebutting argu- ments in favour of bimetal- ism and stressing that sup plies of silver are inadequate and that the central banks certainly would not agree to

This year's American Presidential election campaign was marked by bitter charges by both candidates and a sensation was caused when thousands booed President Hoover. The photo- graph shows a rioter being ejected by New York Police from a political meeting in Times Square.

accept a certain proportion NATIONAL GOLD

of silver at a fixed ratio to

gold.

In the final speech in the un-

employment debate in the House

*****

HOARDS PREVENT COMMONS APPROVES NEW

TRADE REVIVÄL

Over Pound's Fall.

of Commons, Mr. Chamberlain Former Chancellor Calm replied to the address of Sir Robert Horne, in which the lat ter suggested that wholesale commodity prices might be effect- ed either by restricting supplies | of commodities or alteration in

ASKS AID FOR CUNARDER.

London, To-day. the amount of monetary gold When the three-day non-party available as being the standard House of Commons debate on the whereby eir value was measur- unemployment question erferen ed. Sir Ibert Horne suggested its concluding stage yesterday, that as there was a deficiency of gold due to much of it being ster- Sir Robert Horne, one-time Con- ilised in the reserve of particu-Iservative Chancellor of the Ex lar countries, Britain should sup chequer, observed that a great plement the supply of gold by service would be rendered. bringing silver into account, add-trade, industry and ing that a rise in the price--of merce of the world if inter- silver would very much improve national exchanges British trade with India and right. While there was a vast China.

amount of gold in the world, Mr. Chamberlain saw difficul- nearly three quarters of it was ties in accepting the theory that in the hands of two countries and the rise in the price of silver others were denuded of the ne-; would increase trade with India cessary supply. The problem was and China, and said that while certainly one of the great fac- China had a silver currency, In-tors of the present economic sit- dia had not, therefore, as far as uation. India was concerned, the theory

to

com-

were put

Referring to the position of the

$

DUTIES AGAINST IRISH.

No Steps Yet Taken To Name New Governor.

The House of Commons by a vote of 250 to 28, approved the new Customs Datles against the Irish Free State, Mr. J. H. Thomas was impong the increase

on November 2. due to the fact that receipts up to now showed conclusively that England was unlikely, to collect the amount owing her in hand nanuities,

•

Questioned in the House, of Commons as to the appointment. of a new Governor-General of the Irish Free State Dominions Secre- tary, Mr. J. H. Thomas, said that whilst he had no statement to. make at the moment, the House was aware that pravision for the appointment of a Governor-Gen- eral was made in the Anglo-Irish Treaty and was indeed an integral part of it.-British Wireless Ser- vice and Reator.

NORTH STATION PLAN BALKED.

Creditors Claim Funds

Meant For Building.

.

HOOVER ADMITS HIS

CAUSE IS LOST

FINAL RETURNS WILL

BIG MARGIN

SHOW BIG

DEMOCRAT LANDSLIDE

NEW YORK, TO-DAY.

PRESIDENT-ELECT FRANKLIN D. ROOSEVELT, GOV.

Governor Roosevelt.

PROTECT HER

ERNOR OF THE STATE OF NEW YORK, HAS LED THE BRITAIN WILL CAMPAIGN. FORCES OF THE REPUBLICAN PARTY TO ITS FIRST PRESIDENTIAL VICTORY IN MORE THAN A DECADE, AND WITH THE SOUTHERN STATES SOLIDLY BEHIND HIM, HAS POLLED WHAT WILL PROBABLY PROVE TO BE A "L'ANDSLIDE" VOTE.

BLUE FUNNEL

LINER FOUND

STILL AFLOAT

Phemius Was Reported Lost In Hurricane.

S.S. KILLERIG TO RESCUE.

Colon, To-day.

The Blue Funnel liner. Phe- mius, which was variously report- ed to be seriously damaged and, Later, missing in a hurricane in the Caribbean Sea, has been sighted off the Nicaraguan Coast, and is safe. The British steam-

assistance.

AIR PROGRESS er Killerly is hastening to render

Premier Promises To Guard Future.

DESPITE ARMS REDUCTION.

London, To-day.

Colon, Earlier. Grave fears were felt for the safety of the Phemius Hong Kong-bound from New York, Comparatively early in the count Republicans recognised that

carrying a crew of 16 British-and defeat was imminent. The huge majority the Democrats polled in

60 Chinese men, which was re- the State of New York was in itself significant. The "solid South,”

In the House of Commons yester- ported sunk, according to a mes- the wayward West, and the split votes of the seaboard territories, day Lord Apsley asked the Frime sage received at Liverpool from decided the issue. The Democrats gained in the Republican camps Minister (Mr. Ramsay MacDonald), Colon, near the Panama Canal. and retained their own "traditional” bailiwicks.

docision was whether, before any

Three US. Navy vessels and a reached regarding the extent to submarine searched in vain for The assistance campaign The Southern States, swinging which the British Government could the disabled - vessel, which was manager of the Republican Eastback into the Democrat fold, have

agree with the French disarmament last reported. to be helpless in given Governor Roosevelt an over- ern field was the first to admit whelming majority in almost every proposals, and particularly with heavy weather, 250 miles north defeat. Within a few minutes instance, Alabama, Georgia, those on the international control of of Colon. Her propeller was of his announcement, the Re Virginia, South Carolina, Tennessee, civil, aviation, he would ensure that broken and her steering gear was publican Herald Tribute of Maryland Missouri, Florida, are such an agreement would in no way disabled. Her holds quickly fill- f

New York City was screaming among them.

"snowed under."

its extras on the street, announc-The country is not directly voting prevent the future development of ed with water when she was ing that President Hoover was for its President to-day. The British Civil Aviation, either of a struck by the hurricane on Sun-.

American systein is one of indirect private nature or on the existing day.. election. The states vote for and proposed Empire routes to The ship, which is engaged on Electoral College members, where India, South Africa, Australls and the New York-Hong Kong Ber- present the different partică. If

vice, left New York on October one party carries a state, that state's Canada, respectively.

22 and was scheduled to arrive entire, representation of "Electoral The Prime Minister replied, that here on December 9. She is a College Votes" Swings to the side of he had not yet received the new vessel of 7,615 gross tons, with a the victor.. ··

French disarmament proposals, but net tonnage of 4,165 tons, and A strange feature of the recent! campaign was the fact that the the Government in the United King was built and engined by Scott's of Greenock for the Ocean Steam- Roosevelt family, with the excep-dom would certainly bear in mind, ship Co. Ltd., in 1921. The mas tion of the immediate connections the importance of providing fully ter of the ship is Captain D. C. L.. of Governor Roosevelt, has stood for the future of the British Civil Evans. out against him, and has fought Aviation and the development of the - for the Republicans. Governor Imperial Air Communications. T. R. Roosevelt, Jr., son of the Replying to a supplementary ques- famous "Teddy," spoke for Presition regarding private flying, the dent Hoover. Governor Roosevelt, Premier said he could not enter, into

The late President Theodore Roosevelt. Governor Roosevelt

is a distant relative.

it will be recalled, married au-

any details that might arise in the other Roosevelt, the niece of

course of negotiations, but the "Teddy." The family has been split by politics ever since the House might take his answer as one election of the last President that was going to guide the Govern-

ment in their general policy, Roosevelt.

New York, To-day.

must be based on the assumption pound, Sir Robert pointed out that the rise in the value of the that sterling prices to-day were hoards of silver in India would practically at the same level as enable India to do a larger trade when Britain went off the gold

Shanghai, To-day. with other countries. A large standard and that the pound now

According to the "North China portion of the hoards of India purchased more in commodities Daily News", the National Govern- was not in a monetary form, but than it did five years ago.

This ment has commandeered nine ships

From his watching place in Unofficial and fragmentary re- in the form of ornaments,, brace- lets, etc. In the past India had was sufficient evidence that no in order to transport troops to Amoy » steadily increased those hoards, one need be perturbed about the to participate in the campaign California, President Hoover, turns show Governor Franklin against the Communists. The ships weary of warfare, conceded the D. Roosevelt leading in seven though she had never used them fall in the sterling.

He expressed a view that if commandeered include vessels be day to the Democrats finally, with seats, having 93 electoral votes as a means of purchasing goods, silver was once more put in an longing to the San Feh Company word of the overwhelming losses President Herbert Hoover is but for establishing social status. appropriate position in relation and the China Merchants--Reuter, in the South at hand and his rival

An examination of the variations to the monetary systems of the

in the price of silver during re-world, industry and trade would cent years, had not yielded any benefit more than they would evidence in figures on Indian tm- ports that she had utilised her from any other single device.

silver hoards when the price of silver rose to buy more goods

from other countries.

(Continued on Page 4)

ANGLO-SWEDISH

:

TRADE..

Delegates In London

London, To-day.

(Continued on, Page 4.)·

SHIP SEIZED TO CARRY TROOPS,

Communist Threat

At Amoy.

Shanghai, To-day.

The "China Press" states that s Fatumi 'ng block to the plans to re- The Swedish Minister, Baron build the North Station, destroyed Palmstierna, yesterday introduced in

the recent Sino-Japanese

certain of more than half of the votes of the Electoral College. · Just before Mr. Hoover

cial forecast said: If

(Continued on Page 19.)

Asked whether disassocia.. tion of civil flying altogether from the armed forces of the crown was being considered, the Premier said that that was naturally one of the ques tions which must arise. Bri- tish Wireless Service.

conceded the victory, an off-Herriot Denies His Visit to Spain

Carries Any Political Significance

STOP PRESS trend of the present incom-

ROOSEVELT LEADING IN 38 STATES:

New York, To-day,

A Democratic landslide was evidenced by the fact that at

to the President of the Board of hostilities, is threatened by à ́ ToM.80 cam, today Governor Trado, Mr. W. Runciman, Messrs.quest by the China-British Corpora- Sohlman Sahlin and Allard, mem-tion, who are creditors of the bers of the Swedish Delegation who Shanghai-Nanking Railway, to the have arrived London in advance of Ministry of Raliways, for payment the full delegations for preliminary of outstanding debta totalling discussions on Anglo-Swedish com-812,800,000.

·mercial relations."

The Ministry of Rallways intend- Statements showing Swedish and ed to devote: $10,000,000 to the con- British points of viewers exchang-struction of the new station, the site ed and are being ex ned-British of which had already been chosen Wireless Service.

at Chenju. Reuter.

Roosevelt was lending in thirty-eight atatea, carrying. 434 electoral votes, while President Hoover was ablead in only sir atates, with 70 votes:

At Palo Alto, California, President Hoover has prepar ed a mesange congratulating Governor Roosevelt on his victoryRouter

plete returns continues, Gov- ernor Roosevelt should secure 303 Electoral College vofes and President Hoover 114. A total of 266 votes are suf ficient for election. The states from which returns are not yet available, have 114 Electorat College "voleg among

them,

De Valera's

Warning

Dublin, To-day,

A sensation was caused in political circles by a speech made by Mr. Eamon De Valera at the Fianna Fail Convention where he warn- ed the I.R.A. and other or- ganisation that anyone found in possession of arms would be proceeded against with the full vigour of the law.

This is regarded as a direct challenge to the I.R.A. Reuter.

H.M.S. QUEEN ELIZABETH RETURNS.

London, To-day.

The despatchos from all over the fnnoyed by the wide publication of an anti-war pact or a treaty of mutual the Admiralty as the First Sea Lord.

British Wireless Service.

NEW DOCK EXTENSION

Madrid, Nov. Ser ties between France and Spain in- The battleship, Queen Elizabeth The visit of Premier Herriot of cluded Martines Barrios, former min- reached Plymouth yesterday after France to Spain was hailed today by ister of communications, and Mel-two and a half years' commissien in..

the Mediterranean, 'during ⠀⠀ which a group of outstanding Spanish lead-guiades Alvarez, Reformist leader. ers as strengthening the ties between:

Government authorities and other she has steamed over 30,000 miles. the two countries, but the premier leaders continued to deny the rumours She was flying the flag of Admiral himself denied any political signifi cance beyond a gesture of friendship given credence at London and else- Bir Ernie Chatfield, who will suc

where as wall as Paris and Madrid, ceed Admiral Sir Frederick Field at was involved.

that France and Spain were signing rumours regarding his vialt, Herriot

defence. country, pouring in to the New complained to nowspaper

It was, learned from a government York headquarters of the two dents that other countries were un-

France and her position toward scurte that technicians of both coun- fust ta major parties, kept the city in rope and the rest of the world fries were drafting several conven-

Eprope fever of excitement. There was

The premier named no country but tions dealing with mutual fabour pro- women last night. Apart from of his visit abroad while France was

to sponsor a disarmament originating those who counted and who work-trying to ed in the headquarters of the plan of benefit to the entire world whereby in case of war. Spain, would who visited Southampton yesterday that there were reasons of undertake to protect France's line of to open new civil buildings, also parties, there were many thou-PADOTEL COTrespondent mentioned the sands more who packed the streets, political importance for this visit, Her communications with North Africa in made an extensive tour of the docks. the cabarets and restaurante, lis riot showed his displeasure and said: return for commensurate concessions: extension and the new graving dock tening to the persistently broad-"You have my word of honour. That Herriot arrived yesterday was of which form, a development scheme

should be sufficient."

ficially welcomed, and pinned the custed returna from half a dozen The group who voiced pleasure at Grand Cross of the Legion of honour costing over £10,000,000-British

Herriota visit as an aid to strong on President Alcale Zamora.-A.P..

4

no sleep for thousands of men and protested against misunderstanding blems,

The most persistont of the rumours,

radio stations.

at

France

London, and Spain would sign a a treaty

wn

that

INSPECTED,

*** London, To-day.

The Duke and Duchess of York,

Wireless. Service.