1933-06-05 — Page 1

In choosing a NEW TRUCK

KEEP

THIS

The dollar, on demand, closed-

to-day at 1/4 1-2.

China Mail

IN

MIND

Est. 1845.

BEDFORD

MADE DE ENGLAND

British-born Successor to Chevrolet.

No. 28,434

THE OLDEST ESTABLISHED NEWSPAPER IN THE FAR EAST

HONG KONG, MONDAY, JUNE 5, 1933.

Est. 1845.

PRICE $3.00 Per Month.

GENTLEMEN'S - HIGH GRADE

OUTFITTING

ÄT HOME PRICES

BERNARDS' OF HARWICH

CHATER ROAD,

HONG KONG

AMERICA'S LOAN OF G$50,000.000 TO CHINESE GOVERNMENT

CRAWFORD

OVERWHELMS

JIRO SATOH

Surprise In French

Tennis Tourney.

COCHET ENTERS FINAL

Helen Jacobs and Betty Natball Beaten

Paris, To-day.

Jack Crawford. Australia's No. I ranking lawn tennis player, rose to world championship form ves- terday when he swept through Jiro Satoh, conqueror of Fred Perry, to enter the final of the French Cham- pionships for the loss of four games.

+

Crawford will now meet the redoubtable Henri Cochet, the

holder.

The women's final is an Anglo-

French one. Mme. Mathiew,

French champion and successor to Mlle. Suzanne Lenglen, will meet Miss Margaret Scriven. › an unofficial British entrant.

#

A recent photograph of Sir Thomas Southorn. GM.G., K.B.E., Colon Secretary,

EARNSHAW FINED AND

SUSPENDED

Yankees, Giants-And- White Sox Vin.

DAY OF UBLE-HEADERS

Crawford displayed superb, whirlwind attack to carry all before him against Jiro Satoh, who caused a sensation by eliminating Fred Perry. Britain's No. 1 player, in the quarter finals. Satoh, who won the International This is the first case of this des Championship in Paris on May 26, cription for several seasons. was, however, completely outplay New York Yankees, world cham ed by the 24-year-old Australian ptons, New York Glantz and Chi- Davis Cup captain. He was never cago White Sox recorded dual tri- at any stage of the game allowed lumphs in their double-headers

New York, To-day. A sensation was caused in base- ball circles yesterday when Earn shaw, the major league batter, was suspended for ten days and fined $500 for fallure to condition him-. self.

to produce the form which the day yesterday. Pittsburgh Pirates. St. before had given him the most Louis Cardinals and Cleveland In- brilliant Japanese victory on Euro- dians were forced to divide the

spoils. pean courts,

Cochet, France's mainstay in the Results as cabled by Reuter: Davis Cup led Lee 5-3 in the first

he was well beaten in four sets..

TO EXPAND

U.S. TRADE

PURCHASES

OF COTTON

AND WHEAT

Must Be Made On,

U.S. Open Market.

MR. SOONG'S CONTRACT PUBLISHED

Washington, To-day. The Reconstruc- tion Finance Cor- poration has au- thorized a loan of G$50,000,000 to the Chinese Govern- ment for the pur chase of United States cotton and wheat.

Four-fifths of the money is to be used for cotton and one- fifth for wheat, in the open markets of the United States and the purchases must be shipped in American ships un- less these are not available.

The loan runs for three years at five per cent. interest.

Mr. T. V. Soong, Chinese Finance Minister, who is now in England for the World Economic Conference, signed the contract during his stay in Wash- ington. Reuter.

National Leogue.

set, but the Englishman drew on

level terms and secured the set New York

after 20 games. The effort, how. Brooklyn

R. IL E.

2 B

3 0

ever, proved too much for him and Schumacker pitched.

· Lee caused a surprise by elimin- New York ...

6

11

ating Jack Crawford in the quar- Brooklyn

5

ter finals of the Bournemouth: O'Doul hit a homer.

Hard Courts Championship, and

has considerably improved his Philadelphia

8

game this year, so much so that Boston

G

he is now Britain's No. 3 singles Holley hit a homer.' players.

Mme. Mathiew had a narrow es-Philadelphia

€ 11

cape against Miss Helen Jacobs, Beslen

9 15

The American girl led 5-1 in the

first set and had set point et 5-4 Pittsburgh

9 14

1

IN LONDON

before being beaten 8-6.. Miss Ja Vaughan hit a homer. cobs also led 3-2 in the second set Chicago

3 3

0

The

French champion, however, broke

up the American girl's game:

Pittsburgh

2

5

2

Miss Margaret Scriven, who was Paul Waner hit two horers.

FRIENDLY

entered unofficially, won the poor-Chicago

9 12

0

DISCUSSIONS

est match of the day when she de

fealed Betty Nuthall in encounter St. Loula

which was a tragedy of errors.

London, To-day.

Cincinnatti

Results as cabled by Reuter:- ||

all-round driving of the Hartnett hit a bomer.

MEN'S QUARTER FINALS. ¡St. Loals

J. Satoh (Japan) beat F. J. Per Cincinnatti

ry (Britain) 1-6, 7-5, 6-4, 3-6, 6-2.

MEN'S SEMI-FINALS.

H. Cocket (France) beat H. G. N. Lee (Britain) 9-11, 6-3, 6-3, 6-3.

J. Crawford (Australia) beat J.į Satoh (Japan) 6-0, 6-2, 6-2

WOMEN'S SEMI-FINALS. Mme. Mathiew (France), beat Misa IL Jacoba. (U. S. A.) 8-6, 6-3.

Miss M. Scriven -(Britalo) bent Miss B. Nuthall (Britain) 6-2, 4-6, 6..

NEW YORK VOTES "WET."

Repeal Favoured.

New York

Complete returns from the disc-

2

6

American League.

3 10

Boston Washington

4 14 Game went to 13-innings.

Chicago St. Louis

13: 18 6. 12

10 13

Garma hit a homer..

Chicago

Kress and Appling hit homers. ist, Louis

Campbell hit a homer.

Detroit Cleveland

Detroit Cleveland

tion to the state constitutional con- Philadelphia

vention for passing on prohibition) · Williams hit a homer, repeal revealed New York went New York

wet by a ratio of 9 to 1/10

New York City cast a vote of Philadelphia® about 20 to 1 in favour of repeal New York

0

SOONG PRAISED

His Policy Is The Most Likely To Succeed.

ANGLO-CHINESE

Thousands watched the King's Birthday Parade and annual review of troops held in Statue Square on Saturday morning. On the left, the Naval contingent is seen marching in Chater Road to take up their position, while right, are the bands of the Lincolnshire Regiment and the South-

Wales Borderers-

SPEED RECORD

"HANDS OFF CHINA" CRY FROM LEAGUE SOCIETIES

TAKES COSTLY

TOLL OF LIVES 25

Five Killed In Annual Automobile Classic.

CRASH OVER WALL

Five of America's leading motor- car racing driver and mechanics were killed in the gruelling 500 mile Indianopalis classic last week, thus setting a new record mark for fatalities for the event, which was won by Louis Meyer at a record average speed of 104,162 m.p.h.

Messages received here last Monday reported the death of

two of the contestants in the trial heats held on, the previous day, and it is now learned that. others lost their lives in the race proper, which was held on Tues- day last, Memorial Day.

The lives of five auto- mobile racers was the price paid for a new speed record set on May 30 in the annual...'. 500-mile Memorial Day classic.

Six cars hurtled from the the

Indianapolis Speedway as

Countries Urge Return Of

Sovereign Rights

Montreux, To-day.

A resolution urging that China should be given back the sover cign. rights over her entire terri- was yesterday passed by the Committee dealing with political and juridical matters at the Plen ary Congress of the International Federation of the League of Ns- tions Societies, at which 25 coun- tries were represented. Reuter.

FENG'S ACTIVITIES IN THE NORTH

Connection.

J. P. MORGAN'S

24 PER CENT, OF

FIRM'S PROFITS

Details Of Banking Partnerships.

JUNIOR MEMBERS SALARIES OF G$100,000 A YEAR

Washington, To-day.

It is learned that a portion of Messrs. J. P. Morgan and Com- pany's partnership agreement was deleted when the agreement was made public.

It showed that in addition to having a small interest in the pro- fits, some of the junior partners re- ||ceived “straight" salaries of

CITY HALL TO BE G$100,000 a year.

PULLED DOWN

Workmen Commence

To-morrow.

NEW BANK PREMISES

According to the Senate Inquiry Committee members profits were divided accord- ing to seniority, Invest- ments, and the partner's importance, running from about 24 per cent. to the senior partner, Mr. J. P. Morgan, to one per cent. to the newer partners.

The work of demolishing the City Hall in Queen's

A secret partnership agreement Road Central will commence to-morrow morning, accord.

of Morgan and Co. was published ing to information received on June 1 It was drawn up од froin the Traffic® Branch,

March 31, 1915, after the death of Central Police Station."

the elder, Mr. J. P. Morgan, foun- No further parking of cars der of the firm, and provides, inter will be allowed in City Hall alia, that in the event of a dispute Square.

between the partners, the decision. The site will be occupied by of Mr. J. P. Morgan is final. the new Hong Kong and Shang-

hai Banking Corporation Build- Mr. Morgan may compel any part- Sung And Sun Denying, a model of which was re-ner to withdraw forthwith, and him- cently exhibited at the British self fix the amount due to the part- concerned. No transaction Empire Products Fair at the ner

can be made to which any partner Peninsula Hotel.

objects.

PROFESS LOYALTY

Nanking, To-day. Chinese despatches from Nanchang give the text of telegrams from Sung Cheh- yuan and Sun Tien-ying to General

Kai-shek Chiang disclaiming any connection with General Feng · Yu- hsiang's movement in Kal- gan.

Both generals profess absolute

The names of the partners were

JAPANESE WANTED not published, but a member of the

IN SİNGAPORE.

Theft of Revolver. Charged..

Senate Committee announced, that there were no "secret partners."

Partners are forbidden

to spe culate except with their private means, and no partner is allowed to engage in any other business.

In the event of the death of Mr. Morgan, the partnership will be Kazuichi Kawaguchi, 25, Police dissolved, unless the partners re-

EXTRADITION UNNECESSARY

racers speed madly around the track at a rate in excess of 100 miles an hour. The terrific speed loyalty to the Central Govern. Detective 101 of the Singapore presenting the majority of the Mr. Morgan's told on man and machine, and ment and deny the least inten-Police of Japan, appeared before interest notify. one after another the crashes tion of becoming involved in any Magistracy this morning, charged year extension.-Beuter.

Mr. Wynne-Jones at the Central executors that they desire & three- came during the gruelling event internal dispute. Reuter.

of nearly five hours' duration.

Three, of the occupants of the

DEMILITARISED ZONE

wrecked machines were fatally in- Control By Provincial Government

jured. Two others were killed) Sunday in the trial heata, making

1933 event.

Peking, To-day, Yu Isuch-chung, who has been

with larceny of a revolver and 24

round of ammunition at Singapore,

on or about May 29, within the FRANCE FIRM ON jurisdiction of the Government of

the Straits Settlements.

His Worship asked the accused if

WAR DEBTS

Has No Effect.

a total of five lives lost in the visiting General Ho Ying-ching and Singapore with having an extradi-

he was quite prepared to go back to New American Proposal General Huang Fu, states that conHon order made against him, to Sets New Record.

|trol of the demilitarised zone. has Victory in the race against death been left entirely to the discretion which the accused agreed: went to Louis Meyer of Los An- of the Provincial Government,

One week's formal, remand was EXCHANGE MUST BE STABILISED. granted. geles, the second time in his dan-which would appoint magistrates Paying a tributie to the Chinese gerous career that he has taken and directors of public safety as

Paris. Finance Minister, Mr. T. V. Soong, the Memorial Day race. He estab, the Japanese withdrew. ****

It was stated. in official circles |in. Paris to-day the French cold. ness towards the war debt question would not be affected by the-pro- posed American legislation, allow ||ing war debts to be paid fn many

official medium of exchange,

Financial authorities in France Washington. [are of the view that legalisation of the existing conditions ought President Franklin D. Roosevelt not to cause the American dollar declared to-day that emergency to depreciate further.

2 Chief Chinese delegate to the World lished a new record of 104,162 Yu Hsueh-chung also announced Economic Conference, who lands miles an hour, bettering by a frac that the Frovincial Government is in England to-day, as a visitor of tion the record established last reducing taxes collected in the xceptional distinction "The Times":

war-stricken area-Reuter,

2

tates that his achievements during

(Continued on Page 12.3

the past two years, do not justify Matsuoka Believed Slated For

1 excessive optimism as to the pros

1pects of the Nanking Government

1-8

1.

2. 11.

1

3 13

*

which has many enemies,

It does, however least, suggest that the polley "of Mr. Soong, and Marshal Chiang Kai-shek is the most likely one to restore Chinese

prosperity.

Mr. Boong's policy is a realist's policy, the paper states, and its ad vocacy requires exceptional cour-

Elevation To Foreign Minister

Tokyo.

tion in Geneva during the League of gime the returned hero will be due

BEER WILL HELP U.S. REVENUE

Repeal May Save. Further Taxes.

Political conversation in Japan in The Selyukai has a majority in Par taxes, including the $220,000,000 to creasingly is unding to handy with liament, of which Mr. Matsuoka ia be raised in support of the gov. America's further step towards e speculation that Mr. Yosuke member, and the assumption is that if ernment's $300,000,000 public works Az ipfiationary policy, as the last Matapoka, who headed Japan's delega-party cabinet succoeds the Saito re- unemployment relief programme, move is regarded here, is thought Nation's discussion of the Manchurian for an important post, may not be necessary if the 18th to have strenghened the convic

tion in French government circles Astory was circulated in Tokyo amendment is repealed in times that nothing. can be, done at the confict, soon may become foreign minister of the empire.

tven before Mir. Malanoka's return Roosevelt believes sufficient re Mr. Mataucks long has been a mem- from the United States, that ho was turns would accrue from internal coming World Economic Confer age, coming so soon after the sue ber of the Seljukal and because of his being considered for the post of am revenue taxes on wines and spirits until the dollar and the pound cessful revolution. C

popularity following hisEmopean assador in Washington. His friends

|| sterling have been stabilised:-- to provide the needed additional to the United promptly denied there was any pos mission and bis The fact that He champion is to States is likely to play a leading part ibilty he would accept the post de fundo.

Reuter meet Mr. MacDonald and other in any reorganisation of the party claring frankly such an appointment Cabinet Ministers inspires the hope which may occur in connection with would be equal to shelving their hero. The administration has been A Chinese woman, Ng Lok, a year that they will take advantage of the political manoetreerings now going

merited something planning Increased income taxes, terday afternoon sent to the Kewi his presence ta discuss Anglo-Chin-on to force svazial resignation of the far greater than the chieftianship of dividend taxes and Increased gaso Hospital outing from faim

National : Government: handed by Vis- the Washington embassy and Intimat esc relations in a spirit of friend-count Makoto Balto, and its replaced that nothing less than the foreign line taxes to provide for funds be habit of beingful ly collaboration-Beuter.

necessary to balance the budget jeg kant Iments by party regime,

asserted

minintership, would be suitable.