1933-06-20 — Page 1

Put

these

BEDFORD

hefty

trucks

SALDE DE ENGLAND

on Your work

HONG, KONG' HOTEL GARAGE.

STUBBS ROAD.

The dollar, on demand, closed

to-day at 1/4 8-4

EDITION:

China Mail

Est. 1843,

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Tel. 27778.

No. 28,447

HONG KONG, TUESDAY, JUNE 20, 1933.

Est. 1845.

PRICE $3.00 Per Month.

ZAMBRENE WEATHERPROOFS

ARE

Superior.

BERNARDS' OF HARWICH.

Outfitters.

CHATER ROAD,

HONG KONG.

AMERICAN DELEGATION PROPOSES REMONETISATION OF SILVER

HARGRAVE

GAOLED FOR

TWO YEARS

Shanghai American Convicted.

SEQUEL TO BRITISHER'S DEATH

Shanghai, To-day,

Glen Hargrave, the Ameri- can motor salesman who has been held by the United States authorities in Shanghai on a charge of the murder of Leslie

Malcolm Bell. an Englishman, and the charge against whom had been reduced to one of "involuntary manslaughter" pleaded guilty, and was sen- tenced in the United States Court for China this morning to two years imprisonment.- Reuter.

GEHRIG LEADS HOME

RUN PARADE

Giants Leading: Yankees Challenged.

WAR DEBT TALKS SCHEDULE DRAFTED IN WASHINGTON

Britain Second On List For Late July Discussions

Washington, To-day. The United States State De

drafted partment yesterday

2

schedule of the paveiks

with countries who

made

token payments of the war debts.

The discussions will begin late in July, and the order in which President Roosevelt will hear the countries depends on the propor tion of the debt paid on June 15.

Thus, Finland comes first, with Britain second.-Reuter.

CRAWFORD

DEFEATED

BY SATOH

Japan's Recovery In Davis Cup.

NUNOI BEATS MCGRATH

Paris, To-day.

WORLD ECONOMIC CONFERENCE

GOLD AND SILVER

COVER SUGGESTED

“RESTORE CONFIDENCE IN BUYING

MEDIUM OF THE EAST

LONDON, TO-DAY.-.

THE AMERICAN DELEGATION YESTERDAY SUBMIT- TED AN IMPORTANT RESOLUTION TO THE MONETARY SUB-COMMISSION OF THE WORLD ECONOMIC CONFER- ENCE, REQUIRING CENTRAL BANKS TO IMMEDIATELY INSTITUTE A LOWER LEGAL GOLD. COVER AND SUG- GESTINGTM A_UNIFORM 25 PER CENT. COVERAGE. THE RE-

SOLUTION ALSO URGES THE REMONETISATION OF

SILVER.

The central banks' metallic cover should consist of 80 per

cent. gold, and 20 per cent. optional gold or silver, provided the

silver is purchasable at or below current prices.

The resolution suggests that gold should be re-established as the international measure of exchange values.

The use of gold should be confined to cover for circulation, and Jiro Satoh. the Japanese tennis as a medium for settling international balances and payments. ace avenged his defeat at the hands

of jave Crawford at the French RAYMOND MOLEY Championships when he won fluctuating five-set match against

al.

FOR LONDON

the Australian No. 1 ranking player Roosevelt's Confidential in the Davis Cup encounter yester-

U. S. BASEBALL RESULTS

New York, To-day. Lou Gehrig has taken the lead day.

R. Nunot also won bis game to in the home run parade, and Babe] Ruth, the 1931-1ied home rating complete the fine Japanese with Gehrig, is in bed ill. Jimmy covery. He beat Vivian McGrath, the 17-year-old two-handed player

Adviser.

CURRENCY STABILISATION.

In view of the necessity for re- storing the confidence of the East in its purchasing medium, which can only be done if the price of silver is restored to an equilibrium with commodity price levels, it is suggest- NEGOTIATIONS ed, "inter gliss" that an agreement

{should be sought between the chief | Foxx is only one behind the Yan-in four sets to reduce the score to

Washington, To-day.

silver-producing and silver-using Professor Raymond Moley, Unit-countries, to limit arbitrary sales | 3-2 in favour of Australia.

Australia will meet Great Bri-ed States Assistant Secretary of Results as cabled hy Reutertain in the Zone Final for right to State, and President Roosevelt's upon the world market.

play America.

kees' star. www.

(Continued on Page 12.)

were as follow:-

National League.

Chicago

3

0

Schumacher pitched.

New York..

3

7

Cincinnatti

7

14

Bottomley hit a homer.

Philadelphia

12

༡

Chuck Klein hit a homer.

St. Louis

5 15

Brooklyn

10

·Taylor hit a homer.

American League,

New York

Lou Gehrig hit a homer.

Philadelphia

Senator Pittman, the chief silver The winners of the most confidential adviser, leaves inter Zone Final will meet France New York to-day en route to Londvocate in the United States and a in Paris in the Challenge Round. don to lend his efforts to those of member of the American delegation, Governor James Cox, the American who submitted the resolution, de-

Scores as cabled by Reuter:

4 R. Nunol (Japan) beat V. Mc-Chairman of the Monetary Commitclared that it was the first interna-

Grath 6-4, 6-4, 6-8, 7-5. :

tee of the World Economic Confertional recognition of silver since

2 J. Satch (Japan) bent J. Crawford ence.

13-6, 6-3, 6-1, 1-6, 6-2.

Earler Resulta.

Professor Moley's visit is connect-

ed with the negotiation for tempor-

J. Crawford and A. Quist (Auslary currency stabilisation,

0 tralia) beat R. Nunoi and J. Satoh The departure of Professor 1(Japan) 7-5, 7-9, 6-3, 3-6, 6-3,

1. Crawford (Austraila) beat R. Nunol 6-2, 4-6, 6-3, 4-6, 7-5,

Moley, who is a member of the "Brains Trust" formed by Pre- sident Roosevelt to assist in hie

V. McGrath (Australia) beat 3. programme, WIS rumoured Jast

JOHN DE FOREST BEATEN

Boston

5 10

Warstler hit a homer, Cleveland

3 Satoh 9-7, 1-6, 4-6, 6-4, 7-5.

2 5

2

3

0

4 10

ว

4 6

Higgins hit a homer.

Detroit

9

13

1

..10 22

Chicago

Gehringer hit a homer. Washington

Schate, Kuhel, Harris and Cronin hit a homers. St. Louis

4 10

U.S. WETS WIN IN MASSACHUSETTS.

week, and little surprise was creat led when he left Washington yester- day, for New York, where he board- ed the liber Manhattan-Reuter.

1873.-Reuter.

Produce Output Control.

BRITAIN SUPPORTS FRENCH

PROPOSAL DE

Berlin'e purging campaign. Students throwing books on, to the giant bonfire in front of the Berlin Opera House following the seizure of Socialist and anti-German literatore by the Sta- dents' Union. All public libraries in the city were raided, and Individuals with private libraries were asked to voluntarily con-

fiscate undesirable publications. ~(S. & G.).

RECOVERY AS

US. AND JAPAN WALL STREET

NEGOTIATE

Arbitration Treaty Proposed.

"CHINA'S INTERESTS NOT PREJUDICED"

London, To-day.

The interest with which the Soviet delegation is following to the World Economic Con- ference is following the Ja panese-American negotiations for an Arbitration Treaty, is not shared by Mr. Quo Tai-chi, Chinese Ambassador to Lon- don, who, in an interview with

· Reuter, expressed an opinion that the interests of China and the United States in the Paci- fic, were perfectly uniform.

He was sure that the United States would not enter into conversations prejudicial to Chinese interests.-Reuter.

Mr. T. V. Soong In Paris.

AUSTRIANS BAN NAZIS

RIFT WIDENS

WITH GERMAN

GOVERNMENT

All Nazi Activities - Forbidden.

IMMEDIATE, STRONG ACTION

CALLED. FOR.

Vienna, To-day.

The Austrian Minister of Justice, Herr. K. Schuschnigg, yesterday an- nounced that the Cabinet had de- cided to forbid all activities of the Nazi Party throughout Austria,

He declared that the Government had done everything to avoid ex- treme measures and blooodshed,

STOCKS BOOM but the latest events made neces

Inflation Talk Gives Stimulus.

SILVER MARKET CLOSES

STEADY

New York. To-day. Following last week's reaction prices again, soared on the New York Stock Market yesterday. In dustrial and rail averagesrose 5.76 and 3.06 to 95.99 and 44.73 respectively, while utility and bond averages advanced 2.87 and 37 to 36.26 and 84.55 respectively.

Business was briak, 5,480,000 shares being traded.

In their daily report, Messrs. E. A. Pierce & Company, through their local correspondenta, Messrs. Asir Lands, Ltd., state:

sary immediate, strong action for the maintenance of law and order.

Following a series of serious disturbances in many parts of way to rigid dictatorship. [the country, Austria is on its

Since the Nazia came into power in Germany and their in- fluence spread into Austria, there have been frequent clashes be tween political factions and these have now reached a point where a "firm hand is necessary, it was revealed in authoritative quarters.

A Dictatorship. The disturbances were serious enough to

Chancellor Engelbert Dallfuse to take quick action.

cause

The Central Government has in every respect dicta torial powers but it is un- able to extend its authority Bs completely as it wished into the provinces.

In order to extend the dictator-

"Inflation was the whole talk to- day. The reported refusal of the Administration to enter into an agreement at this time to stabilise ship the Chancellor 'to-day appoint the Dollar touched off the marketed a special security, dictator in The Government and overcame virtually all the each province. effects of last week's reaction. It also appointed new provincial gov TO MEET FRENCH PREMIER,ow looks like new high ground ernors under the constitution.

Special Provincial Powers. Landon, To-day.

Paris, To-day.

These provincial dictators are ex- The President of the British

The Chinese Finance Minister factor has been the feeling that pected to surrender their special Board of Trade, Mr. Walter Run and leader of the Chinese delegate Administration will adhere to powers immediately to a National ciman, supporting the French pro-tion to the World Economic Con- posal said that Britain attached ference, Mr. T. V. Soong, arrived the programme calling for higher security dictator and place them- importance to schemes for the reat Le Bourget yesterday.

He

TOgulation of output of primary pro-was met by Dr. Wellington Koo,

British Amateur Golf RUSSIA WANTS

Surprise.

BUY COTTON Amtorg Negotiating For Credit Extension.

1 SINGAPORE GOLFER'S SUCCESS |

London. To-day.

3 John de Forest, holder of the Bri- tish Amateur Golf Championship, was surprisingly beaten by G. Han nay (Woking) on the 20th., green in the Second Round at Hoylake yesterday.

AN AMERICAN LOAN?

ducts, in order to raise prices, pro- Chinese Ambassador to Paris, vided such schemes were widely Mr. Soong is remaining three supported and safeguarded the or four days, and to-day sees M. Paul Boncour, the French For- consumers interests.

Both the Economic and Mone-eign Minister, M. Daladier, the tary Commisalans met yesterday French Premier, and other offi- morning, the former debating the cials. Buter. French proposal in favour of in-

ternational organisation for the Washington. production and marketing of cer- Soviet Russia's business agency in wine, timber, cotton, coal, wool The Amtorg trading corporation, tain products, including wheat,

the United States, is investigating and silver--Reuter.

the possibility of securing credit

through the Reconstruction Fin-

ance corporation for the purchase YANGTZE RISING

of American cotton,

Claim Victory For Repeal Edward Kyle, of Kepple, Sing-

By Four To One.

apore, beat Sidney Chesterton (Ro- val Mid Surrey) by 3 and 2. · Boston, June 14. De. Forest's defeat after his re Wets claimed a victory in Mas- cent return from America has caus sachusetts to-day for, the repeal of ed a mild sensation. He played a R. F. C. officials confirmed that prohibition by more than a 4-to-1 considerable amount of competitive negotiations had started, but said majority,

golf while out of England, and the no definite figure had been named

Other sour Returns from 28 out of 39 cities experience he gained was expected during the discussion. and 129 out of 316 towns showed to give him his second major titie, ces however put the gureat

He is, however, a certainty for the $5,000,000. British Walker Cup team.

the following vote,

For repeal, 214,582.

Against, 51,862,

De Forest, who is 25, beat Eric

Wets claimed they were success-Fiddian in last year's final at Muir-

The American government corporation officials expressed willingness to receive some con-

Nanking Water

Gates

OFFICERS' MESS

ROBBED

Theft At Mt. Austin Barracks.

for the market.

"Wheat: The most Influential

(Continued on Page 4)

LOCAL DOLLAR STEADY.

US Dollar Weakens.

selves under his orders.

This method was chosen. Dr. Dillfuss said in order to follow, the provision of the Constitution AB closely as possible..

Every effort will now be made to prevent further disturbances, and

punish those who start them, the

The local dollar is steady this Chancellor said-Beuter and Unit- morning at 1/4, yesterday's closed Press. ing..price.

Silver prices show a slight im- CRISIS AT GENEVA

provement, spot and forward gain- ing % to 19 3/16 and 19% re- spectively.

Cross rates also show an advance, the London on New York rate be ing given at G$4.181⁄2 to-day as against G$4.07 yesterday, while MARKET COOLIE CHARGED "the New York on "London rate is

Wan Su, a market coolls employ Closed:

ed at the Mount Austin-Barracks, this morning appeared before Mr. ANXIETY IN NORTH CHINAW. Schofield at the Central Magis tracy, charged with the theft of a Nanking, To-day. silver knife, fork and spoon from The anxiety of the authorities, the Officer's Mess has increased over-night by incom- Cpl. Sullivan, of the Borderers, Sng reports from Hankow, Hang- said that when he checked the agency, but gave no Indication chow, Chungking and Changsha silver-ware yesterday evening, he that the loan would be granted about the continued rise of the found that a silver knife, fork and Because of the situation involv-Yangtze, Chietang and Hunan spoon were missing. He searched ing the possibility that the Roose-rivers levels, while the situation in the accused's basket and there found velt administration may grant di-Nanking is also causing concern. the missing articles. plomatic recognition to the Mos- All water gales are closed for fear of the river – water pouring into the city,

ful in naming all 45 of the dele-field to secure one of the two re-crete proposal.from the Russian gates to the state' convention which maining places in the Walker Cup will pass on the proposal to repeal team. He reached the final of the the 18th amendment. dets

British championship in 1981: He Massachusetts thus became the plays for the Royal and Ancient 10th state, to approve repeal. Others Club-Reuter. in the wet column are Michigan, Wisconsin, Rhode Island, Wyom-The first reading of a Bill to amend cow regime, it was understood that ing, New Jersey, New York, Ne- the law relating to opium will be the President and the State Depart

moved by the Attorney General, the ment would have to be consulted vada, Illinois and Indiana. T

Hon. Mr. C. G. Alabaster, K.C., 0.8.E.,

No state has yet refected repeal.] at the meeting of the Legislative before anything could be done,

Council, on Thursday.

U.P.

·(Continued on Pare 12.)

The river Eslakwan is now within the fall of the top

kes Reuter

given at £-G$4.15 as against - G#4.07% yesterday.

BREWER RELEASED

Asked if he had anything to say the accused asked for a 24-hour re→ mand in order to find his mother who could make some explanation on his behalf,

Worship granted the remand.

FOR RANSOM.

Kidnappers Paid Less Than G$100,000.-

Duluth, Minnesota, To-day. ME.Willis... Hamm,„ the wealthy United States brewer who was kidnapped at St. Prot's Minnesota, on Friday last, has been released.

It l'understood that the ran-, som paid to the kidnappers was less than the G$100,000)

dent

German Delegates' Threat To Resign.

Geneva, To-day.

"A crisis has arisen at the In- ternational Labour Conference following the German dele- gates threat to resign unlesá they receive satisfactory | ex- cuses for the.... attitude of the -workers' delegates towards the

German delegate, Dr. Ley,... Dr. Ley's remarks to the effect that the South American States bad

ha Fright to vote on a footing of with representatives of equality Germany and Italy, led workers to decide to challenge his credentials when the question came before the Conference.THARL

The German delegates thereupon threatened to withdraw.

The Bureau of the Conference have a statement hat no si- |front has been offered fa the Ger

ration

altting of the