1933-04-24 — Page 1

In choosing a NEW TRUCK

KEEP

THIS

dollar, on demand closed

to-day at 1/8 34.

*brary FINAL EDITION

China Mail

IN

·MIND

Est. 1945.

BEDFORD

MABE M THGLAND

British-born Successor to Chevrolet.

No. 28,398

THE OLDEST-ESTABLISHED NEWSPAPER IN THE FAR EAST

HONG KONG, MONDAY, APRIL 24, 1933.

Est. 1845.

PRICE $3.00 Per Month.

BERNARDS OF HARWICH

GENTLEMEN'S - OUTFITTERS

PIONEERS OF Quality Goods at Reasonable prices.

CHATER ROAD,

HONG KONG,

WORLD INFLATION BY FORMATION OF ECONOMIC POOL PROPOSED

BRITAIN

BEAT SPAIN

IN DAVIS CUP

Perry And Austin Win Singles.

MAIER'S GALLANT FIGHT

Barcelona, To-day.

ECONOMIC EXPERTS IN WASHINGTON SCHEME TO RAISE PRICES AND REST ORE TRADE

Favoured to reach the FDISARMAMENT DISCUSSED BY BRITISH

Round of the European Zone of the Davit Cup Competition Great Bri tain yesterday eliminated Spain in the First Round by 4 matches to 1. Undaunted by the reverse sus- tained in the doubles Fred Perry gave Britain a triumph in the third singles by beating Sindreu in straight sets, and "Bunny" Austin won his match against E. Maier, also in straight sets.

THE DAVIS CUP

Britain 4; Spain 1.

The following were the full re- sults of the encounter:-

F. J. Perry (Britain) beat E. Maler 7-5, 7-5, 6-2.

H. W. Austin (Britain) beat

Sindreu G-0, 6-3, 6-2.

E. Maler and Dural

(Spain)

beat F. J. Perry and G. P. Hughes

6-3, 6-1, 1-6, 4-8, 6-8.

F. J. Perry (Britain) beat Sin

dreu 6-1, 6-8 0-0 46 194

H. W. Austin (Britain) beat

Maler 6-6, 7-5, 6-1.

Perry, who has just recovered from muscular strain in the fore arm, found little difficulty in beating Sindreu, who is by no means up to the standard of in- ternational tennis. The young Spaniard was beaten by Austin in straight sets, capturing only five games in the three sets.

Austin revealed fine fight- ing spirit in the first two sets in his encounter with Maier, and carried all before him in the third set In which Mater cracked up under a barrage of devastating forehand drives.

Perry and Hughes gave rise to hopes for

a clean-sweep British

PREMIER AND MR. ROOSEVELT ⠀⠀

WASHINGTON, TO-DAY.

DISARMAMENT WAS THE MAIN TOPIC OF DISCUSSION AT YESTERDAY'S CONVERSATIONS BETWEEN PRESIDENT ROOSEVELT AND THE BRITISH PREMIER, MR. RAMSAY MacDONALD, BUT THE WORLD'S ECONOMIC POSITION WAS SUBJECTED TO A SEARCHING SURVEY BY THE BRITISH AND AMERICAN ECONOMIC EXPERTS WHO ARE SAID TO

HAVE CONSIDERED A SCHEME FOR WORLD INFLATION.

Former Premier E. Herriot of France ́has arrived in Wash- ington, but has not yet joined in the discussions, - his first consultations being with French officials. The Canadian Pre- mier, Mr. R. B. Bennett, leaves Ottawa for Washington to-day. He will stay two days at the White House, two days at the Cana- dian Legation; and will leave on Friday.

Tremendous interest is being taken in these vital conversations, on the outcome of which the fate of the World Economic Conference de-

pends. It is expected that provisional agreements will be reached on war debts, tariffs and currency questions. Later in the month dele, gates from other Powers, including Germany, Italy, Japan and China, will visit President Roosevelt.

President Roosevelt.

Currency On Gold And Silver Base.

NEW YORK REPORT OF PLAN FOR STABILITY.

Washington, To-day.

Potamac Cruise . Result.

ONTERENCË PROSPECTS

ADVANCED.

Washington, To-day. Cruising down the Potomac River yesterday, President Roosevelt and Mr. Ramsay MacDonald thoroughly survey- ed the business of the Dis- armament Conference.

New official badges of the German forces. President Von Hindenborg has ordered that the Na- tional Defence Corps should wear the Imperial cockade in the old Imperial colours of black-white- red on their field caps, and in the half-wreath of oak leaves on their service hats. On their steel hel- meis, in place of the former district colour badge, the same shield is worn, with the black-white- red colours painted on it. (8. & G.),

THE INCREDIBLE HAPPENS U.S. Foreign Trade Vanishing.

DISASTROUS BLUMP

Washington.

The almost catastrophic slump in American export valuations from $5,240,000,000 in 1929 to $1,576, 000,000 in 1932 offers an urgent and definite problem to the administra- tion, according to the unanimoue opinion of international circles here.

The United Statee, which, since the days of the Revolution, made foreign trade a primary objectiva

On their return yesterday even- ing, the two Ministers declared, in a joint statement, that they felt that the results of the converss-

jof policy and a source of national tions will considerably advance the

pride, as in the Clipper Ship Era- prospects of success both in the cannot long defer vigorous steps Disarmament Conference and the for the recovery of foreign mar- kets, disinterested diplomatie ob- servers bellave,

World Economie Conference.

President Roosevelt will continuo

disarmament discussions with M.

Herriot.

RAIL EMPLOYEES - KIDNAPPED

IN CE. R. OUTRAGES

NEW YORK

YANKEES LOSE

Manchukno Garrison Mutinier At IN US. BASEBALL

Tehpingling

Karbin, To-day.

^A small - Menchulčio, garrison at. Tehpingling on the Chinese, East-1. .ern Railway, mutinied yesterday, and abducted three railway em- ployees. They have fled to the near-by hills, taking their cap tives with them..

In the vicinity of Weishaho,

· bandits pulled up the railway track and held up a freight train. All the train-crew were carried off.-Reuter.

Senators Win Close

Encounter.

JAPANESE

CAPTURE

KUPEIKOW

City Falls After Fierce Fighting.

· CHINESE · SUFFER HEAVY CASUALTIES

Tokyo Admits 21. Japanese Troops Killed

Tokys, To-day.

After fierce fighting, lasting since Friday, during which the Japanese forces were repulsed on several oc- cations, Kupeikow, the strategic point in Nantieamen, has now been Captured by the Japanese following |= Chinese onslaught near the city.

The Chinese suffered heavy ca- sualties during the engagement, and it is estimated that half a division of men was lost. Official Japanese figures put the Japanese losses at 21 killed and 43 wounded.-Reu- ter.

This renewal of fighting has destroyed the optimism created announcement issued by the from Tokyo on Saturday that the

Japanese forces had been order

ed to cease operations and halt pursuit. In some Chinesa quar- ters It is feared that if the 'Chin ese bring up more reinforcements, the Japanese onslaught may be werewed on a more intensive

PHILLIES RECORD "DOUBLE" scale.

New York To-day. New York Yankees, World Base ball Champions, have been defeat- ed for the first time this season. Washington Senators beat them by the close margin of 5 'to ́4.

U.S. RECOGNITION in yesterday's programme.

OF SOVIET

New Administration's

Attitude.

This was not the only surprise:

The Phillies trounced the Cardinals fn| both games of the season's, frsi double-header. Meine pitched bril liantly to blank the 1931 cham- pions in the first game.

Fitzsimmons banged out a hom- er for the Giants, but the effort proved unavalling, and the Pirates won by a 7 to 3 margin.

triumph..

Two million jobs, by official esti- mate, hinge directly upon manu- SPECULATION IN RUSSIAN BONDS The party yesterday included [facturers' exports, while the mer Mra. Franklin D. Roosevelt and chant marine, railway trunk lines,

New York.

In the American League Lyons A multilateral treaty, stabilising Miss Ishbel MacDonald and a few cable companies, and port services The attitude of the new adminis-and Appling hit four-baggers to give triumph when they drew on level currency by fixing the gold and sil- friends. No Presidential advisers are crying out through agents here tration in Washington toward the Chicago White Sox a 3 to 1 win terms with Maier and Durall, after ver parity perhaps on a 30 per cent, accompanied the President.

against the adverse situation, dropping the first two sets, in the gold base and a 5 per cent. silver

M. Herriot, the French Minister' In the decade from 1920 to 1929, Russian Soviet Government is being over the Indians, and Bridges doubles match. The Spaniards, | base, is one of the chief points who will also discuss matters pre- United States export trade seemed watched closely and rather impat-blanked the Browns to give De however, had more in reserve, and won the final set for the loss of which the British and American paratory to the World Conference, to have been stabilised at a figurerently by some organisations, which trot Tigers a long-awaited The following were the results was welcomed in New York on arin excess of $4,500,000,000 annual-fare hoping to sell bonds of the So- bas- experts are seeking as

rival yesterday, by Mr. William ly. This flourishing: business was viet to U. S. investors. Ch Austin and J. S. OUff in Riviera to the World Economic Conference, tary for State, and was besieged for American industry; it eam has taken offices in the Wall championships, and it was thought according to the "New York times." by crowds of newspaper men couraged vast investments abroad; street district and is making pre- that the British selectors -- might | Mr. Ramsay MacDonald is ex He gave a hint that he would and hastened the development of a give Austin and Perry an opper-pected to issue a message to the raise the question of the organisa-world-wide system of American parations for a Soviet bond- tunity to play together. They nations within a week, announction of international security when owned transport and communica selling campaign If the Roosevelt

regime announces that it will Boston.

Brooklyn partnered ono another in the ing the date of the World Eco-he said that he believed that politi- tione facilities.

recognize the Bolshevista. Queen's Club Championships, last nomic Conference in London on cal and economic problems must be

The bonds which it la hoped month.

June 15, the newspaper states.studled together.

three games.

Chinese Claim Victory

[RECAPTURE CHIENAN AFTER STIFF FIGHTING.

Peking, To-day. Chinese reports, which are officially confirmed, state, that yesterday... General Shang Chen's · troops, re- crossed the Luan Ho and, after stiff fighting, managed to recapture Chienan from the Japanese, who are report- ed to be retreating to Leng- kow. -

Reuter.

$632,000 ESTATE.

Estate Of Late Mr. Wong Soon Chung.

Probate in the estate of Wong Soon Chung alias Wong Boon,

The Spanish pair twice defeated is for Anglo-American accord prior Cordell Bull, United States Secre- regarded, the "prosperity leaway" At least one newly-created of yesterday's games as cabled by alias, Nai Soon Chong Bao, Wong,

(Continued on Page 7.)

Reuter

M. Herriot, the French dele- Immediately after landing, M. TOKYO TO PARIS can be floated here are of the Cana

FLIGHT

Great Britain should now reach the final of the European Zone con-gate who arrived in New York Herriot conferred with the French test, as Italy, the only other notable yesterday, en route to Washing Ambaaandor and the experts. contender in the top half of the ton, to have a preliminary talk Mr. MacDonald also expressed a draw, will be without the services with President Roosevelt, has hope,, on arrival, that he would of G. Palmieri.-Reuter.

been instructed by the French have a frank exchange of views French Aviatrix Starts Government, to urge an early on both political and economic date for the conference. Reu- problems, the most pressing ter.

MOTOR MISHAPS

Mr. D. Mackie Runs

Down Boy.

Mr. D. J. Mackie, of the Eastern Extension Telegraph Co., was driy- ing his car, No. 161, in the New Territories past Chin Wan, between

LOCAL DOLLAR

STEADY.

Silver Declines.

The lock dollar remained steady

the 6th, and 7th, milestones, when fover the week-end and was quoted

he knocked down a Chinese boy. at 1/8% this morning.!

Return Trip.

National League.

type maturing in five, ten and Cincinnati fifteen years and carrying inter-

Fitasimmons hit a

fest rate of 10 per cent, in some Pittsburgh Issues. The obligations are dir- New York ectly those of the Soviet Govern- ment and both interest and prin- cipal are payable in gold.

So far as the sale of Soviet

Philadelphia

of which, the Premier said, was the EXPECTED IN HONG KONG ON Bonds in the United States is St. Louis

removal of economic distress”--

The discussions between the British, and American experta are clothed in secrecy at pre- sent, but it is believed that In addition to currency stabilisa- flon they are considering world Indation by the formation of a financial pool.

The pool, it is understood,

Chan Tin Fook, 9, who was taken to Silver prices show a downward consist of the wealthy nations

the Kowloon Hospital in the car trend, spot dropping from 19%

Mr. A. L Rocha, of 759, Nathan 19%, and forward from 19 0/16 to Road, reported to the Police that at 19, 5/16. TH

$8.84

the Ides of helping'

tions along the

mal trade, „This

8.55 p.m., yesterday, he was driving The Loudon, on New York cross price along Nathan Road, near Public rate declined alightly, from trade, Square Street, when he knocked ($8,884 on Saturday to down Chan Hol 15, of Temple this morning while the New York with Strost, who was slightly injured and on London rate gained alightly from MaE! was taken to the Kowloon Hospital) 4-G$3,80 to 4" (1$8.82.

Wand resto:

WEDNESDAY

kyo, To-day Maryse Hilz, the took off 47.35 a.m LOI coording to n received here from Seoul She is making for Peking, and from there it is expected that she will fly to Shanghal before coming to Hong Hong, where she is expected here?

who now on

父

concerned, the State Department hitherto has ruled that it will not Ph lend its approval, although it has st... not directly prohibited their Rotation:

In the event that the Roose Cles velt Government might decide on some form of official pe ser official commercial relations with Moscow, even if flat

is not granted, Bovi tives hope that State may

the prop

Appling

homers

merchant, who died at Bangkok on November 2, has been granted to Haking Wong merchant, attorney E for his brother Wong Chew. Chor, alies Wong Chow Les, and to Wong Chew Weng, sons of the deceased. The estate is valued at $682,000. "Probate in the estate of the late Gabriel John Spink, master marin- er, has been granted to Violet Loti He Spink, widow of the deceased,

The estate has been valued" at $15,000-

LOCAL SCOTSMAN OUT OF WORK. Temporarily Placed In House Of Detention.

Thomas O'Neil, a Scotsman, was the temporarily comm

Hou

of Detention by Jones, at the Central

this morn

Detective-Ber

of the Passporta