1933-03-07 — Page 1

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The dollar, on demand, closed to-day

FINAL EDITION

China Mail

THE OLDEST - ESTABLISK, PAY

NEWSPAPER IN THE FAR EAST.-

Court

Put

these

hefty

trucks

BEDFORD

MADE RE INČLANO

on Your work

HONG KONG HOTEL GARAGE.

STUBBS ROAD.

Tel. 27778.

Est. 1845.

U.S. FINANCIAL

HITLER BIDS

FOR SUPREME

DICTATORSHIP

Bavaria Will Oppose Nazi Control.

PRISONS OVERFLOWING WITH COMMUNISTS

Cologne, To-day,

A further round up of commun- ists in the Rhineland and Westpha- lia took place yesterday. Some of the prisons are overflowing,

Two Communist leaders who at-| tempted to escape from custody at Oberhausen were shot dead.

An official report from the Governor of Cologne relates several cases of incendiarism, allegedly by Communists, including the burning of a French-owned glass factory near Cologne. Eleven Communists have been arrested in connection with the matter.-Reuter.

Capt. Goering, Chief of Ger- many's Police.

Storm Troops Take Charge Of Bremen.

Berlin, To-day. Following the example of the Nazis at Hamburg, the Nazi "Storm Troops" of Bre- men hoisted the Nazi flag on the Town Hall and demanded the resignation of the Sen- ate, and a new election. Similar action was

No. 28,358

ZANGARA NOW INDICTED

FOR MURDER

Sequel To Mayor Cermak's Death From Ballet Wounds

Miami, Florida, To-day. The Italian, Zangara, who was sentenced to 80, years' imprison- ment on charges connected with the attempted assassination of President Roosevelt, here, has been indicted for murder, follow- ing the death of Mayor Antony Cermak of Chicago.

Mayor Cermak was seriouely wounded by one of the five bullets from Zangara's gun, and lay in a critical condition for more than two weeks, passing away yester- day evening. Reuter.

TWO ANTUNG

LIFEBOATS

COLLAPSE

Heavy Loss Of Life Feared.

HONG KONG, TUESDAY, MARCH 7, 1933.

CRISIS CAUSES

LONDON STOCKS

NOMINAL

Reassuring Effect of Market Opening.

GOLD MINING SHARES FALL

London, To-day.

Following Saturday's brief susĮ

Est. 1845.

PRICE $3.00 Per Month.

DUNLOP

FORT

DUNLOP Fort TYRES

are made for those who prefer SUPERLATIVE QUALITY

WORLD-WIDE UNCERTAINTY

SOME BANKS REOPEN FOR BUSINESS

N.Y. STOCK EXCHANGE REMAINS CLOSED ..

pension of business, the London FRANCE AND BRITAIN PREPARED TO

Foreign Exchange Market re-open-[ ed yesterday in all currencies ex- cept American dollars. The deci- sion was welcomed in the City and had a reassuring effect. Quota- tions, however, were mainly nominal.

No quotations were made for South American currencies. Deal- ing in dollars is suspended until plans for overcoming the crisis and re-opening the banks are. an- nounced in Washington.

Meanwhile, the United States 114 PASSENGERS, 52 OF CREW Government proclamation yester- ON RAFTS AND BOATS day announced that until and in- Many are now feared dead as the cluding Thursday, during which result of the disaster which over-period all banks remain closed, took the China Navigation Com- there is an embargo on the export pany's steamer 1.4. Anhui, when of gold and silver, prohibition of

temporarily and tificates,

ASSIST AMERICA

WASHINGTON, TO-DAY.

THE STATE OF CONFUSION AND UNCERTAINTY WHICH HAS EXISTED THROUGHOUT THE UNITED STATES SINCE THE BANK, CRISIS REACHED THE ACUTE STAGE ON SATURDAY, STILL PREVAILS AND THE OBVIOUS PER- PLEXMENT OF THE NATION'S POLITICAL AND FINANCIAL LEADERS HAS ADDED TO THE GENERAL APPREHENSION. BUSINESS IS PRACTICALLY AT A STANDSTILL THROUGH- OUT THE COUNTRY, BUT IT IS HOPED THAT A TEMPOR- ARY SOLUTION AT LEAST WILL BE PROVIDED BY THURS DAY WHEN CONGRESS CONVENES FOR THE EMERGENCY SESSION CALLED BY PRESIDENT ROOSEVELT.

thorised banks, inter alia, to handle drafts for food and the ship- Mr. William H. Woodin, Secretary of the Treasury, has au- ment of cash and cheques on the United States Treasury, and has authorised the limited re-opening of banks to accept new deposils, from which unrestricted withdrawals are allowable,

Anxious shareholders have withdrawn G$962,000,000 in

Federal Reserve statement:

450 member banks during the week ending March 1, according to the

The New York Stock Exchange will remain closed until further potice, according to a statement issued this morning."

French. Offer Of Assistance.

WILL HELP US. TO RETAIN GOLD.

she went ashore on the rocks off | the earmarking of gold by foreign. Mofu Point on Sunday night. nations and prohibition of dealings Two hundred and eighty-six in foreign currency and transfer passengers and..69 members of of credits abroad. crew were successfully transfer red

An issue of clearing house car- the to

8.6. Antung, but 114 passengers

replacing! 52 of the

crew were currency, has been authorised. forced to make for the shore on On the London Stock Exchange, rafts and in lifeboats. During the effect of the latest American the hazardous journey among development was noticeable in de- the racks, sandbanks and whirl-clines in South African gold mines

Paris, To-day. pools to the beach, two of the shares. British Government stocks

“Reuter" is officially informed boats capsized, throwing the oc- generally were 1/6 and lower, that definite generous support will cupants into the icy cold water. War loan 31⁄2 closed 99-1/16. be forthcoming from France to en- The number of missing persons

There is not yet known,

were few dealings in able the United States to remain on One lifeboat and several rafts early fluctuations, the tendency at

Trans-Atlantic Issues, but after the gold standard. made a successful landing on the the close was slightly stendier-received.--Reuter.

No request for help has yet been beach.

British Wireless Service.

It is now feared that the ill-fated steamer will become

a total loss, as she is filling rapidly, both fore and aft.

H.M.S. Folkestone, which was de-

taken at spatched to the scene yesterday to

Luebeck, where the Senate re-render assistance, was returning to signed, and at many other places Hong Kong when the news of the without opposition.

tragic capsizing was received here.

It is regarded as certain that She was immediately ordered back na to the scene and make a search for

in Federal States, such Bavaria, Saxony

/

British Envoy To Holy See

Sir Robert Clive

Appointed.

Italy Will Not Abandon Gold,

FRANCE MAY FOLLOW U.S. LEAD.

Silver Rises In India

Increased Demand From China Expected.

Bombay, To-day,

In business circles it is expected that the American gold embargo ‘de- cision will slightly depress the com- modity markets.

Bullion brokers anticipate an Increased silver demand from China and with the improve- ment of silver prices the pur- chasing power throughout India will be increased.

Silver has already appreciat ed from Rupees 54 to Rupees 56 per 100 tolas.

The Indian Nationalist business

Sir Joseph Duveen, director of the famous firm of art col. lectors and a trustee of the National Gallery, who was raised to the peerage in the New Year Honours,

CRITICAL

SITUATION

IN TIENTSIN

Bellicose Japanese Attitude.

“INADEQUATE” REPLY TO CONSUL'S WARNING

Peking. To-day.

It is reported from Tientsin that the Japanese consider Nanking's re- ply to the Japanese Consul's warn ing in regard to the Boxer Protocol. provisions is unsatisfactory, the Ja- panese having informed Yu Hsuch- ching to that effect.

They add that they reserve the right to take effective measures to protect Japanese lives and proper- ty as and when they think fit- Reuter.

Chiang Kai-shek For Peking.

Shanghai, To-day. General Chiang Kai-shek ar- rived in Hankow at 8.p.m. yester day from Nanchang,

He special

M.C.C. 111 IN LEAD AGAINST VICTORIA.

Hammond Still Batting.

Melbourne, To-day. The M.C.C. were 111 runs in the lead with wickets in hand against Victoria at the luncheon interval to-day.

Scores as cabled by Reuter were as follow:- M.C.C.: 321 (Butelife 75, Hammond 59, Tate 9 not out, IL. Ironmon- ger-3 for #2).

left for Peking by st

Britain's

To Japan.

PROTECTING INTERESTS IN NORTH CHINA.

London, To-day.

Answering a question in the

Victoria: 327 ( Darling 101 A House of Commons, regarding Oakley 50, K. Ebeling 68 not out, the possibility of the Sino- F. R. Browna 3 for 63; Bowes 3 for 93).

Japanese fighting spreading in

M.C.C.. 117 for 3 (R. E. 8. Wyatt 29, North China, the Foreign Secre

Hammond 53 not out).

SMALL-POX `STILL GAINING.

15 Cases Reported In

24 Hours.

tary, Sir John Simon, said that the British Ambassador to. Tokio, Sir Francis Lindley, had reminded the Japanese Govern- ment on January 1, of the mag- nitude of the British interests in North China and had warned them that damage to those inter- ests would entail claims for sam- pensation.

Small-pox cages are still on the increase, 46 cases and 17 deaths]

On the outbreak of hostilities being reported last week.

the British Consul at Mukden The

24 hours ending March 6, show gave the Chinese authorities a an even more alarming increase, list of the British subjects in

Jehol 15 cases being reported, from Hong Kong and eight from Sir Francis Lindley had asked the Japanese Government to take

Kowloon.

seven

Of the 46 cases reported last measures for their protection,

The Welsh Labour member,.

Two cases came from Aberdeen Japan had replied. 15 from the Victoria district. Mr. Morgan Jones asked whether

London, To-day. Out of the fever of speculation in European capitals, reacting and Baden, the missing people.

from the United States crisis, men, led by Sir Thakurdas, making week, 28 were from Kowloon and where the Nazis are not in Gov- The 8.8. Antung, sister ship to the

emerges the statement by a pro-a statement on the situation said ernment, steps will be taken to s.s. Ankai, which stood by since

minent banker in Rome that that the American action marks" give them control by compelling Sunday-night, is now proceeding to the election of new Diets,

London, To-day.

(taly will not abandon the gold triumph of English,banking genius or Hong Kong with the rescued pas- The King has approved the

standard by appointing State

even if the United and the dominance of sterling." Commis-sengers and crew.

States does. sioners, though this will prob

appointment of Sir Robert Clive,

It is hinted in various quarter ably

formerly Minister at Teheran, to in Paris that France would not mean trouble with the INDIA CONSTITUTION REFORM be His Majesty's Envoy Extra-be averse to placing an embargo Bavarians. Reater.

Germany Welcomed To Fascist Fold.

ITALY'S CONGRATULATIONS.

Rome, To-day,

.

London, To-day.

ordinary and Minister Plenipoon gold exports. tentiary to the Holy See at Rome.

The Secretary for India, Sir Reuter and British Wireless Sermenting on the matter, urges the "Le Journal Des Debats," com- Samuel Hoare, said in the Com-vice. mons yesterday that he hoped that

Banque de France to refrain from

has

gold to countries

Beuter.

British Government.

Sympathetic.

London, To-day.

Reuter.

Sir John

and one from the New Territories. Simon asked for notice of the

question NEW CABINET IN

A Japanese Pact With GREECE.

Holland?

Temporary Coalition

Formed.

Athers, To-day.

As the result of a conference be-

MR MATSUOKA ARRIVES AT THE HAGUE.

The Hague, Today.

Sir Robert Clive who has been con- exporting

"The British Government are fol- the setting-up of a joint committee nected with the Diplomatic Service on the India Constitution would be since 1902, has served at Rome, Tokyo, which have abandoned sound development of the internal banking lowing sympathetically, the serious

Mr. Matsuoka, Chief Japanese de- authorised before Easter.

Cairo, Berne, Stockholm, and Poling, currency, pointing out that Bri-dificulties in the United States," tween the Greek Ministers Ma. legate at Geneva, has arrived from With flaring headlines on the introduced must depend on the work and at Tangiers. From 1920 no longer able to operate the MacDonald, in answer to a question an Administrative Cabinet is being

The date when the Bill could be and been Consul-General at tain's exchange equalisation fund, said the Prime Minister Mr. Ramsay Zaimis, Venizelos and Tealdaris, Berlin. front pages, the Hallan newspapers of the Committee, he said.

to 1931, he was British Minister at dollar, will now devote its atten-in the House of Commons yesterday. formed under General Othoneos.

He stated that he is only visiting welcome Germany into the Fascist

Holland to convince the Dutch Gove fold

tion to the franc and be in a posi- He added that no action by His

The Cabinet will be composed of fernment and the nation of the com- tion to drain off large amounts Majesty's Government seemed to be members of the Supreme Military plete peaceful intention of Japan. SUFFERING of French gold. Reuter.

called for at present-British Wire-

Council, and civilians, and will re- A Non-Aggression Pact in concrete less Service.

main in power till the new Chamber form had not been is his mind. FROM A COLD

fa convoked-Reuter.

Reuter.

"Giornale d'Italia," Signor Mus- solini's organ, declares that, the victory of Chancellor Hitler is the victory of European civilisation And the definile salvaging of Ger many from the Bolshevist flood.

Communists, Fire On Nazis.

3 KILLED IN HAMBURG STREET CLASH.

Moscow Peeved

With Hitler.

Moscow, To-day.

Teheran.

KING

"German incendiaries are playing His Majesty Remaining

with fire" declares the semi-official

newspaper Provda.

Indoors,

ut

London, To-day, It is officially stated Buckingham Palace that the King's cold continues its nor mal course.

The paper accuses the Hitler Government of conducting "vlie anti-Soviet campaign" and declares that the "provocative ôre at the Reichstag and the subsequent ter- rorism by which the Government secured their triumph in the elec-: Three people were killed and 14 tlon has met with unanimous cen¬| His Majesty will not hold the Injured during a Communist street sure, even in the bourgeois opinion, first Levee of the season at St. clash with the police' Altona, and will-result in increased political James Palace to-morrow." - Hamburg, where Communists' fired isolation for Germany abroad."

Berlin, To-day,

ee groups of Nazis forcing the po- Pravda, alleges that the Franco lice to make a drastic street clear- German relations are more strained ance-Regler.

now than at any time since the War. (Continued at foot of next Column) --Bauber

H.R.IL The Prince of Wales will represent his father who will probably remain indoors to-morrow as a precautionary messt Ler,

Bou

Hollywood May

1

Stop Work.

NO MONEY FOR FILM STARS'

SALARIES.

Hollywood, To-day,

+

Philippine Banks Remain Open.

ANNA FREMAIN, YALE NP CONS Manila, To-day,

The Governor-General of the Film industry executiyra are con- Philippine Islands, Mr. Theodore templating the atoppage of all work Roosevelt, Jr., has announced that as a moratorium to prevent salary all banks. In the Island will remain payments-Renter.

Franc Supersedes Dollar In Argentine.

Bong Buenos Aires, To-day The dollar link with the peso has been abandoned in favour of the

open--Reuter,

NEW YORK. MORATORIUM. EXTENDED TO THURSDAY

NATIONALISM IN COLONIES.

10,000 Troops To Keep Order In Indo-China.

Geneva, To-day, The fact that 10,000 men were now needed to maintain order' in Indo-China as compared with 1,500- when he was Governor, was etanbed by M. Sarraut in a speech to the Committee on Overseas Troops.

M. Sarraut was referring to the The Governor has extended the dimenities created by the develop-| New York bank moratorium up to, ment of nationalism in Colonies. 1 and Inclusive of; March 9-Reuter. Reuter.

New York, To-day,

No Support For Armg Embargo.

BRITAIN WILL NOT CONTINUE

TO ACT ALONE.

London, To-day, Replying to House of Com mons' questions the Foreign Se6- cretary, Sir John Simon, sanid that there was no indication of a universal agreement with the decision of the British Govern- ment in forbidding the export of arms to China and Japan. That left England in a situation which could not be allowed to con- (Continued on Page 12.)

"*