1933-06-15 — Page 1

BEDFORD

SLADE IN ENGLAND

THE HONG KONG HOTEL

GARAGE.

The Hong Kong & Shanghai

Hotels, Ltd

The British -

TRUCK

incorporated in Hong Kong. Stubbs Road. Happy Valley.

Economical 27-h.p. 6-cylinder engine -reducing vibra- tion, reducing engine-wear, reduc- ing time-off-the- road, reducing ex- penter.

The dollar, on demand, closes

to-day at 1/4 34

FINAL EDITION

China Mail

Est. 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,443

HONG KONG, THURSDAY, JUNE 15, 1933.

BRITAIN TO PAY

GERMANY

AND AUSTRIA

IN DISPUTE

Official Relations Now Very Strained.

ARRESTED NATIONALS

EXPELLED

Vienna, To-day. Dr. Wasserbaeck, chief of the Press Department of the Austrian Legation in Berlin, who was arrest- ed and expelled from Germany yes- terday, has been appointed Secre- tary to the Austrian Legation in London, by the Austrian Chancel- lor. Dr. E. Dolfuss. He will pro- ceed to his new post immediately.

PROCESS TAX ON U. S. WHEAT AND COTTON

Est. 1845.

PRICE $3.00 Per Month.

BERNARDS OF HARWICH.

FOR

CONSULATE SHIRTS & PYJAMAS : LILLEY & SKINNER FOOTWEAR : ROLLS RAZORS: WOLSEYS KNITWEAR : MACCLESFIELD SILK. NECKTIES: MOORES FELT HATS.

CHATER ROAD, HONG KONG.

G$10,000,000 IN SILVER FOR JUNE INSTALMENT

President Roosevelt's Plan To Force Closer Acreages

Washington, To-day.

It is authoritatively disclosed that President Roosevelt's Ad- ministration has decided to levy maximum processing taxes, around four cents per pound on cotton, and 28 to 30 cents per bushel on wheat, in order to bring closer acreages in those crops.-Reuter.

AIRSHIP SAFE

·

U.S. ACCEPT WAR

DEBT OFFER

"AN ACKNOWLEDGMENT, NOT A DEFAULT"

CHANCELLOR'S STATEMENT CHEERED IN HOUSE OF COMMONS

LONDON, TO-DAY.

MR. NEVILLE CHAMBERLAIN, CHANCELLOR OF THE EXCHEQUER, IN THE HOUSE OF COMMONS YESTERDAY,

Macon Docked Despite STATED THAT PRESIDENT ROOSEVELT HAD ACCEPTED

Disabled Rudder.

Akron, Ohio, To-day. The giant United States navid dirigible, Macon " docked safely here at 10 p.m. last night, in spite of her disabled rudder.

Br. Habicht, the Nazi leader in Vienna, who was attached to the press section of the German Legation in Vienna, and who was arrested there following a

Sister ship to the ill-fated raid by the Vienna police on the U.S.S. Akron, the U.S.S. Macon Brown House and all Nazi was making a 48-hour test flight branches. has been released. He when the mishap occurred. She left Linz, last night, in a motor-was on her way from Akron to car, and vas accompanied to the the World Fair at Chicago. frontier by Austrian police.

Throughout yesterday the The official relations be great dirigible, dependant only on tween Germany and Austria her engines for steering Pur- are very strained as a result,poses, slowly retraced her route of the arrests, and the ex

to the depot and in spite of the pulsion of Dr. Wasserbaeck

great difficulties, tied up with- is regarded as a reprisal for

Jout mishap. Reuter. the arrest in Austria of. Dr. Habicht. Reuter,.

AVIATRIX FOUND

Mrs. Bonney's Forced Landing In Austria.

Vienna, To-day.

The mystery surrounding Mrs. Bonney, the Australian aviatrix, who was reported to be missing on Monday while on her way from Bud-

CARINALS WIN OVER PIRATES

Giants Triumph And Yankees Falter.

U. S. BASEBALL

RESULTS

New York, To-day.

THE BRITISH OFFER OF G$10,000,000 AS ACKNOWLEDG- MENT OF THE BRITISH WAR DEBT. PAYMENT WILL BE MADE IN SILVER AT 50 CENTS PER FINE OUNCE, WHICH HAS BEEN ACQUIRED FROM THE GOVERNMENT OF IN- DIA.

Mr. Chamberlain regretted that President Roosevelt had not pe ceded to the British request for postponement of the June Instal. ment, pending discussion of the war debts as a whole. President Roosevelt, he said, had accepted the offer in a spirit of co-opera- tion, and without prejudicing thfreedom of either Government in subsequent discussions.

Mr. Chamberlain pointed out that the instalment of December 15 last year had been paid in the hope of paving the way for a settle ment before another instalment became duc."

It seemed impossible, he said, to contemplate the continuance of payments of this magnitude while suspending under the Lausanne Agreements, corresponding claims upon Britain's debtors:

1

HENCE, FURTHER PAYMENTS WOULD HAVE ENDED THE LAUSANNE AGREEMENT AND WOULD HAVE PLUNG ED THE WORLD INTO THE CONDITION OF SUNCERTAINTY AND DESPAIR FROM WHICH IT HAD BEEN RESCUED LAST YEAR.

On the other hand, Britain

had the strongest objection to any course smacking of repudiation of her obliga- tions.

Heat Wave scene in London, May 22-Students of King's Col. lege, Strand, spending their launch hour in the sunshine, (S. &

G.).

REACTION

CONTINUES

ON WALL ST.

All Stocks Decline Slightly.

HEAVY FOREIGN SELLING OF SILVER

New York, To-day.

WORLD ECONOMICS:

STABILISATION

OF CURRENCIES

ADVOCATED

Britain Supported By Smaller Powers.

CONCLUDING SPEECHES AT YESTERDAY'S SESSION

London To-day

Support for the British proposals, particularly in regard to currency stabilisation and the removal of trade barriers was voiced by re- presentative of several of the smaller Powers in the concluding stages of yesterday's session of the World Economic Conference,

M. Litvinoff, Suviet Foreign NO RECOGNITION Commissar, said that the Soviet

would propose OF MANCHUKUO

League Memorandum Drafted.

{CIRCULATED TO GOVERNMENTS

London, To-day.

The British Under-Secretary for Foreign Affairs, Captain Anthony Slight reaction continued on the Eden replying to Sir John Haslam New York Stock Market yesterday, in the House of Commons, yester and business showed a slight de day, stated that the Advisory Com PAY ALL OR NONE ed Industrial, rail and utility consider technical matters arising cline, 5,550,000 shares being trad-mittee appointed by the League to An Annoyed Senator's

Outburst.

Mr. Chamberlain read a state- ment circulated by President MR. ROOSEVELT CONDEMNED Roosevelt in Washington, stating that it was fair and wise to post- pone formal representations on the debt subject until later.

Washington, To-day.

"The entire instalment should be paid, or none at all.” said senator Robinson the Re-

It was vitally' necessary that the meetings of the World Eco- nomic Conference be unhamper-publican member, yesterday, ed by difficult and protracted dis-

St. Louis Cardinals, 1931 world cussion on the debt, but in view apest to Croydon, has been cleared champions, are now close on the of the British representations and the fact that the present up by a report stating that she had heels of New York Giants in the

payment is an acknowledgment of the debt itself. President

to make a forced landing near Linz, National League. Yesterday they

Mrs. Bonney is resuming her trip bent Pittsburgh Pirates by a 3 to 2 Roosevelt declares that he has no

to London to-day.-Reuter.

TOSCANINI AND

THE NAZIS

tally, but the Giants also won. hesitation in saying that he does The Yankees, world champions, not characterise the resultant Reuter. again faltered before the Braves situation as a default. -

who won by 13 to 5.

Chuck Klein hit his eleventh four bagger of the season, but the Phil-

Refusal To Conduct At lies dropped their game to the

Bayreuth.

Dodgers by 6 to 3.

Results as

cabled by Reuter were

Rome. Toscanini, the celebrated Italian "conductor, to-day explained the

reasons for his refusal to conduct New York

Melville Ott hit a homer.

jas follows:

*

National League.

Boston

R. H. E 5 3 1 8. 9

0

and

G II

Hurst

0

8 8

hit

at Bayreuth this summer in a tele-

gram, sent to Winifred Wagner, Brooklyn widow of Siegfried Wagner.. Philadelphia

"The painful events which have Chuck Klein wounded my feelings as man and homers.

artist have not yet, against all Chicago my hopes, undergone any change," Cincinnatit the telegram read. "It is, there- float pitched. fore, my duty to break to-day "the

silence which I have imposed upon Pittsburgh myself for two months and to in- St. Louis

form you that for my own peace Watkins hit a homer.

of mind, for yours and for every-!

ene's, it is much better that I

should not think further of my visit to Bayreuth."

7 11

0 2

2: 10

American League,

· Cleveland

The mention of self-imposed Averill hit a homer. silence recalls a cable sent to Detroit Herr Hitler, the German Chancel-Stone hit a homer.

Jor, at the beginning of April by Toscarini and twelve other con- New York

ductors as a protest against the Boston Nazi and anti-Jewish campaign as

applied to musiciana." The Ger-

· 13 14

D

Loud Cheers In Commons.

LIBERALS & LABOURITES JOIN IN CONGRATULATIONS.

Loud cheers greeled Mr. Neville Chamberlain's perora- tion that the agreement is a good augury for the success of the World Economic Con- ference,' and may ́prove the first step towards a complete final settlement of the. War Debts.

condemning President Roose- velt and the United States Senate for accepting the Bri- tish part payment of G$10,-- 000,000 in silver, at 50 cents per ounce, acquired from In- dia.-Reuter.

£1,600,000 Cost Of Silver.

AMERICAN DELEGATES

PLEASED,

a resolution to

supplement the economic truce

by an undertaking for simultane- ous suspension in all countries of all legislative or administrative measures and economic warfare.

Dr. Eduard Benes, the Foreign Minister of Czecho- slovakia, speaking on behalf of the Little Entente, re- garded the settlement of. public debt as a matter of foremost consideration, and favoured the earliest possi ble restoration of the gold standard,

M. Colin of Holland; doubted strongly urged steps to prevent dard was ideal or possible, and whether the return to gold stan-

to 94.06, 43.77 and 35.88 respec- reference to the non-recognition of averages declined .73, 53 and 18 out of the Assembly resolution in wide fluctuations of currencies. tively. Bonds improved .01 to Manchukuo, had drafted a memor- 84.56.

** Stabilisation of currency was doomed to fallure If unaccompanied by free ciren-

Messrs. E. A. Pierce and Com-andum on the question. pany through their local corrès- The memorandum had been cir-lation of goods, he said. pondents, Messra. Asia Lands, Ltd.,culated to members of the League

and other Governments. Reuter.

state:--

**The market showed excellent resistance to reactionary ten- dencies but the tone is rather un-

even.

"Wheat: The London and

BANDIT CHIEF KILLED.

Argentine refusal to cut acre- Captor Of Mrs. Pawley.

age induced heavy realising. The domestic and Canadian crop reports are less favour. able...

Mukden, Today.

He joined with Mr. Neville Chamberlain in advocating the abolition of shipping" subsidies. After a short statement by M. Bela de Imredi, Hungarian Finance Minister, the Conference adjourned.

BRITAIN'S PROPOSALS.

In the earlier general discussion- continued at the Plenary Sessions

It is reported that among the 100 of the World Economic Conférence. odd corpses left when the Japanese yesterday, interest was mainly "Cotton: The attention of the routed the bandit under the notori-centred in the speeches made on Trade has been centred on thelous Lao Pel-feng on the morning of behalf of the British and United London Conference and Washing the thirteenth, near Shwangtaitze, States delegations.

was found that of Pel Pa-tien, the The British Government's con- (Continued on Page 12.)

chief of the captors of Mrs. Murielsidered policy towards the whole Pawley and Mr. Charles Corkran range of problems before the Con- LOCAL DOLLAR

last year-Reuter,

ference, was stated by the Chan- STEADY.

celler of the Exchequer, Mr. Neville Chamberlain, whose speech is to be issued to a Government paper.

US. Dollar Strengthens In London.

The local dollar remained steady at yesterday's closing price, opening this morning at 1/4

London, To-day. The actual cost of the silver transferred from India to the British Government is under- stood to be approximately £1,600,000. Satisfaction is expressed by the

Spot silver remained unchanged American delegates to the World Economic Conference, at Britain's at 19 7/16, while forward declined decision to pay the instalment on 1/16 to 19 7/16..

Cross rates show a further decline the war debt..

on the London on New York rate,

The decision is regarded as a

NEW US. ENVOY

VERY ILL.

Concern Over Mr. R. W. Bingham's Health,

London.

The health of Mr. Robert Worth Bingham, the new Unit- ed States Ambassador to Bri- tein, is causing much concern to his friends.”

- Dealing with the present lack of equßfbrium between commodity prices and costs, Mr. Chamberlain anid: “In the view of the British delegation, a solution must be found by means of a recovery in prices. Action in various spheres would be necessary.^\/

The fundamental monetary con dition for the recovery of prices, is that credit should be made Sir Stafford Cripps, on behalf successful solution of the immedi- which is given at 2-$4.091⁄44 as

available by a policy of cheap of the Labour Party, and Sir Her-ate crisis which threatened inter-against G14.14 yesterday, while the New York on London rate ad-

The Ambassador has only been money, and that such credit should bert Samuel for the Liberal. Party, national co-operation. Reuter,

vanced three points from seen once in public since his ar be actively employed.

This," to.. [congratulated Mr. and expressed a deep appreciation FRENCH DEFAULT 10% to 4-G$4.18% this morn- rival and has taken part in no gether with paved of busines

Three Nations Following UNITED STATES FEELS SEVERE

Britain's Example.

HEAT WAVE

Chamberlain

of. President Roosevelt's realism.

Reuter

Saturday's Forecast Proves Accurate.

Washington, To-day,

Ing.

Central banks should there- fore undertake to co-operate with a view to securing the monetary conditions required for use in prices. -

nocial functions,

confidence, must form an India- The Ambassador, it is learned, pensable background" of "trade" has cancelled all engagements, ex- covery. cept those absolutely necessary in connection with the World Econo- New York, June 9. mic Conference, and has been Italy is also believed to be only The United States from the ordered to bed by his doctors According to the London news paying part of her war debt insta. Rocky mountains to the Aflentie Reuter. papera on June 10, the Cabinet has ment, which Czechoslovakia and a numerons deaths from Casa Berboard continued sweltering to- tentatively decided to offer the Rumania are following Britain's drowning and prostration were re- ·SOLDIER, BITTEN BY DOG- United States a token payment of

example. |£2,000,000 on account for the war debt frstalment due on Jude 18:00

Belgium, and, almost

Ferrell & Alexander, hit, homers. In the event of President Roose-France' are defau

man Chancellor did not reply to St. Louis the telegram, but for two months Gullie hit a homer, Toscanini made no further pro- Chicago S.

Benter.

14154

(Tables on Page 12)

velt

declining the offer the Poland also will not Morning "Post declared that the Bri; note regarding the defanit has. tish Government is likely to avail sent to the United States St itself of the right, recently accord-

partment by the Po to Washington

(Continued "on Page 3)

In order that their action may have, the desired effect, a policy

of cheap money should be clearly announced and vigorously pursued. 100 drownings, were re-Pte. Walidne,... BAM.C., was Experience in recent months bitten yesterday by a dog owned by has shown that cheap money in York" at 11a.m. ↑ the Mr. A. W. J. Simmons, at the itself may not be enough to achieve

registered 87, break Bowen Road Pumping

taken to ensure that the

ims record for June 9. Watling was sent for treatment: at mas

Alewest and Booth the Military Hospital a

the dog

res, rauped upward sent to: Kennedy Town for obst