1933-05-05 — Page 1

The

new

BEDFORD

HONG TRUCK

THE

HONG KONG HOTEL

GARAGE

The dollar, on demand, closed to-day at 1/4 8-8

Supreme

FINAL EDITION

China Mail

Est. 1815,

No. 28,108

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

HONG KONG, FRIDAY, MAY 5, 1933.

Fat." 1885.

PRICE $3.00 Per Month.

BRITAIN QUALIFIES AGREEMENT TO TARIFF

INDUSTRIES

RECOVERING

IN AMERICA

Slight, But Definite, Turn For Better.

PRESIDENT ROOSEVELT APPEALS FOR HIGHER WAGES

Government Co-operation

Washington, To-day. The past few weeks' has witnessed a slight, but de- finite, turn for better in most industries, declared President Roosevelt In a

speech to the United States Chamber of Commerce yea

CONTRAST TO HIGH TARIFF NATIONS

FRANCE'S

POLICY ON

WAR DEBTS

Wish To Reconsider Whole Question.

50 PER CENT MORATORIUM CLAUSE

Paris, To-day.

. M. Paul Boncour. French Foreign Minister, declared in the Senate yes- terday, that France wished to re- consider the whole question of her war debt payment to the United States, rather than take advantage of the existing Mellon-Berenger terday.

agreement which allows France to The President stressed the claim a moratorium of 50 per cent. the need for restoring order from on the payment due on June 15. industrial chaos and emphasised The Government did not wish to

justice that wages should be in-1 creased.

ANGLO-AMERICAN HARMONY

RELATIONS IMPROVED

BY DISCUSSIONS.

PREMIER'S STATEMENT ON TALKS WITH PRESIDENT ROOSEVELT

LONDON, TO-DAY ~~

"AS FOR MY VISIT AS A WHOLE, WHILE I WISH TO: CONVEY NO EXAGGERATED IMPRESSION, I WOULD SAY ING BETWEEN OURSELVES AND THE AMERICAN GOVERN WITH CONFIDENCE THAT THE MUTUAL UNDERSTAND- MENT HAS BEEN MATERIALLY IMPROVED BY THE DIS- CUSSIONS WHICH I HAVE HAD WITH PRESIDENT ROROSE- VELT,

TRUCE

BERNARDS OF HARWICH

GENTLEMEN'S OUTFITTERS

The launching at Wilhelmshaven, of the second German: "poc ket” battleship, “Admiral Scheer," before an enormous gathering. Giving the Nazi salute as the vessel was launched (S. & G.)

SHIH RIVER

PIONEERS OF Quality Goods at Reasonable prices.

CHATER ROAD, TONG KONG

PROPOSAL

MAN HUNT IN AMERICA

SCHOOLGIRL

KIDNAPPED

IN NEW YORK

Police Search Land, Sea And Air.

LINDBERGH ABDUCTION

RECALLED

New York, To-day, The greatest man-hunt undertak- en in the United States since the search for the Lindbergh baby kid- nappers, started last might, follow- ing the abduction of a 10-year-old ; schoolgirl, Margaret McMath, daughter of a wealthy Detroit fami

ly. FOR WHOSE FRIENDLY HOSPITALITY AND UN-U. S. FARMERS TO DECLARE AS BOUNDARY

RESERVED HELPFULNESS THROUGHOUT ALL OUR DELI- BERATIONS, THE WARMEST THANKS OF THE, GOVERN

that it was a matter of national invoke the operative clause, M. Bon- MENT ARE DUE.

President Roosevelt reviewed his efforts to increase trade, pro-] vide employment and to effect a broad elevation of commodity } prices, and said that the improve-i ment which was recently notice-! able in most industries had beeri] accompanied by a rise in price. of most commodities, but wages were still lagging behind.

He therefore asked the emplayers to not only refrain froni further reductions, but to begin forthwith, the pro- cess of increasing wages 10 meet the cost of living.

President Roosevelt et- phasised the necessity for the co-operation of employ- ers, both among themselves and with the Government, in order to retrieve industry from unfair methods of competition, cutthroat

cour stated.-Reuter.

British Views On Tariff Truce.

US. CO-OPERATION QN DISARMAMENT.

Mr.

in

London, To-day. Ramsay MacDonald, the House of Commons yester- day, declared that Britain had given, a qualified agreement to the suggestion for a tariff truce, Jas Britain was in different cir-

cumstances when compared with| high tariff countries.

He declared that in consc- quence of the Anglo-Ameri- can talka on Disarmament, the British and American delegates were working in close co-operation at Geneva. -Reuter.

Sterling Exchange Control.

EQUALISATION ACCOUNT RAISED BY £200,000,000,

This statement was made by the Premier, Mr. Ramsay Mae Donald yesterday when he made a statement to the House of Commons on his recent conversations with President. Franklin D. Roosevelt in Washington;

The Premier's Washington conversations and German questions will be debated next Tuesday, and the Premier undertook to answer, as far as possible, any questions then put to him. When asked whether the subject of war debts would come before the World Conference, he- replied in the negative.

Mr. Ramsay MacDonald.

Disarmament PolicyTM

Harmony

"I took the opportunity of putting

MARKETING STRIKE

Nation-Wide Effort To Bolstr Deflated Produce Prices

New York,

To-day.

A nation-wide farm marketing strike to be effectiva from May 13, has been voted by the Na tional Farmers' Holiday Associa tion at a meeting at Desmoines, Iowa.ak

The strike is an attempt to ob- tain higher prices by "withholding farm products from the market- Reuter

before President Roosevelt a full ac- FREE STATE

OF MANCHUKUO

Japanese Demand Neutral Area.

THREATEN RENEWED AIR BOMBARDMENTS

The kidnapping was carried out

in broad daylight, as the child was leaving school, by three men, who drove up in a closed car and bun- dled her into the car before anyone could give the alarm

The abduction has caused nation- wide Indignation, and every avail- Jable police officer in New York has been put on to trail the gang, A widespread · search by land, ; BOR and air has been ordered and po- A Chinese report from Luanchowice launches throughout the night.

Shanghai, To-day.

states that the Japanese military au

bave been combing New York wa-

thorities have despatched a letter ters for suspect motor boats.

to the Chinese commander at Pei- taiho, demanding the

Aeroplanes, with trained obser vers, are, scouting great areas of |rowillyrian call anada for hundreda.

hon of the area between the Luan of miles are being closely watched

River and the Shih River,

RIFT WITH

BRITAIN ed to threaten renewed air bomb- ing, backed up by a naval bom bardment, of the Chinese post- tions in the region of Feitaiho.

If the warning is ignored the Japanese military are alleg.

count of the broad policy of dis- armament, and as a result of our discussions, we reached the common views which have been reflected in the effective co-operation between the British and American delegates Jin support of the draft convention

now before the Disarmament Con- MR. J. H. THOMAS ALLEGES A ference at Geneva,

"We also discussed the question

Reaction To Removal Of The Oath.

BREACH OF THE TREATY

London, To-day.

prices and the general chaps of the last four years. He promised Government co operation 10 prevent over production, unfair wages, impro-] per working conditions and other unfair practices, and concluded his address with a philosophical yesterday, the motion of the been anxious, first of all, to ask of particular importance as they aside special selfish interests and Neville Chamberlain, to increase for a meeting of the International brought out in well defined detail all] Ing the action of the Irish

In

London, To-day.

the House

of Commons

appeal to human nature to lay Chancellor of the Exchequer, Mr.

to think and act for a founded national

recovery, Renter,

TRADE TREATY WITH GERMANY.

Conservatives Divided On The Issue.

London, To-day.

ITALY WINNING IN DAVIS CUP

Yugo-Slavia Offer Plucky Fight.

FIRST DAY'S SINGLES

Florence, To-day.

The Premier said that he had!

of duties and frankly examined the problem in all its aspects.

"These exchanges of views were

The Dominions Secretary, Mr. J. H. Thomas, made: a... statement in the House of Commons, yesterday, regard-

Manchukuo is reported to

be claiming the Shih River as the boundary of the new State; with complete control of the Shanhaikuan area— Reuter.

YOUNG MARSHAL’

IN ITALY Chang Not Returning To China Yet.

VISIT GERMANY, FRANCE

AND ENGLAND'

Rome, To-day. Marshal Chang Heuch-liang arrived here from Brindisi with his entourage, yesterday. His adviser, Mr. W, H. Donald, stated that the "Young Mar- shal" intended to spend sever al months in Italy and also to visit Germany, France and Eng

Free State Government in the differences which had to be re- well- the Exchange Equalisation Ac-Economic Conference, and finding conciled not only in the final settle-

amending the Constitution by the Removal of the Oath Bill, count from £150,000,000 to

they were agreed and that subse-ment but in the immediate handling in the Dail, on Wednesday, £350,000,000 was agreed upon | without division. -- Reuter. quently M. Herriot, the French de- of the question.

He said that the Government in TO the United Kingdom had made legate, shared their opinion, they whilst I welcomed the idea of a clear their view that any attempt communicated with the organising truce during the period of the Con- to abolish the Parliamentary oath committee and June 12 had been ference, I made it plain that its in the Irish Free State, was in-

direct conflict with the obligations fixed for the meeting of the Con- application would have to be subject undertaken by the Irish Free State

to a safeguard which these differ- under the Treaty of 1921. ference.

The Premier, continued, “w.aces in our positions required. This This was confirmed by the form

was considered to be reasonable. of Irish Free State legislation. The report stage of the Anglo-

discussed in some detail, the

The treaty was the fundamental On this subject I can make no fuller basis of the position of the Irish German trade agreement was reach-

subjects to be brought up at the ed in the House of Commons, thei

statement at present as the matter Free Biate, and in order to achieve. conference, These include the resolution being carried by 804 to 56.

has necessarily not yet reached the their object, the Irish Free State The Liberal Party yoted with the

questions of tariffs, quotas, ex- Yugo Slavia offered a bold front change control and the stability stage of agrement. British Wire Gomelude to their legalation abstained from

Aless Service to Italy. in the First Round of the tariff truce during the sittings of

of International currency, voting.

back-bench Davis Cup here yesterday. Though the Conference was also consider- Conservative: malcontents maintained loud protests losing both singles matches, they ed during the debate-Reuter, went down gallantly to a superior "Our purpose was to ascertain,

combination,

by intimate discussion what the The following were the results prospects were of co-operation, en cabled by Reuters

and not to come to definite agree- Morpurgo (Italy): beet Puncee mers. We both shared the view 19-7, 6-3, 6-4. Dosaur ty that our respective countries Stefani (Italy) beat Kukuljevic should enter the Conference which 6-4, 6-0, 3-6, 6-2,-

snow to meet so soon with Italy, are in, the same half of the kanda completely united. Carlisle United, who are in a des- draw as Britain, but their cbances The result of these exchanges of ation of the perate position at the foot of the of reaching the Zone Final have views and the exam northern section of the #occer been considerably lessened by the problema, is most encoura lengue, lost their last game of the fact that G. Palmieri will not baIn vie season when they visited Doncas assisting trom this year.

Labour Opposition bata of the

The

CARLISLE LOSE LAST GAME,

Spectre Relegation.

London, To-day.

fer and lost by 4 goals to 2, hatefani took part in the Italian Carlisle are on the borders of the team's tour of India, and figured safety line but there is a possibili: prominently in the Test matches ty that York City, Mansfield Town, - Madras and Bombay, In addi Rochdale, and New Brighton may tion to assisting Italy to win these force them to stand for re-election ches to won three champion with Darlington, Renter,

ship events held in honour of the

to th

Argentine And America.

TRADE AND ECONOMIC- CONVERSATIONS.

Washington, To-

the

to include in

(Continued on Page 4.)

DOLLAR DECLINES A FRACTION.

Silver Prices Show Steadier Tendency.

The falling price of silver is tö-

reflected in the local

declined on

land.

· He had received many tele- grams from China, asking him to return, but he had no inten- tion of doing so yet, Mr. Dou- ald declared Reuter

for suspect garag

In spite of pleas from the dis tracted parents of the kidnapp ed child, the Chief of the Michi- gan State Police has refused. to give even a temporary res- pite in the Hunt,

He declares that the solution of the kidnapping may lead to the so- lution of the Lindbergh case,

The parents of the child have asked that the relentless search be withdrawn for 24 hours in order to give the kidnappers free access for possible negotiations.-Reuter.

WALL ST BOOM EXPECTED

Silver Inactive As Values Drop.

BRIGHTER TONE ON" NEW YORK MARKET

New York, To-day.

An upward movement was again Indicated on the New York Stock Market, yesterday, business main- tained the high figure, 4,590,000 shares being dealt in..

In their daily report, Mesars. EA Pierce and Company, through their local correspondents, Mestra. Asis Lands, Ltd, stato:It looks. as though there may be a strong forward surge in the immediate future which will carry industrial" averages at least through the high levels of last September. Those who have followed the up side in respect of Industrials shonld balco some profits of the outbursts of streng

30 PER CENT. DUTY Wet: Under the influence of

ON MATCHES

dollar, Free State Move To Sto

this

Dumping

being quo

which alumped

on

anced shother-de-

19% and

ward aliver.

ning

The Irish tive Con

there are still strong rum

thing bullish by the "good cash business has