1933-08-25 — Page 1

The

new j

BEDFORD

TRUCK

THE

The dollar, on demand, closed

to-day at 1/4 3-8-

FINAL EDITION

China Mail

Est. 1845.

HONG KONG HOTEL

THE OLDEST - ESTABLISHED NEWYSPAPER IN THE FAR EAST

No. 28,504

HONG KONG, FRIDAY, AUGUST 25, 1933.

PETER

GARAGE

YOUNG, BANK

BRITAIN'S

POLICY IS NOT

ANTI-JAPANESE

An Ill Founded

Suspicion."

"THE TIMES" COMMENTS ON! COTTON SITUATION

London, To-day.

The absence of any anti-Japanese policy in the British Empire and Bri-

5,000,000 PIGS TO FEED AMERICA'S UNEMPLOYED

Slaughter Of Hoga As Part Of Price-Raising Programme

Washington, To-day. The slaughter of 5,000,000, hoga began yesterday In the Middle West States as part of the United States Department of Agricul ture's price-raising programme.

The meat will be distributed

42

Bat. 1845

PRICE $3.00 Per Month.

CASHIER, DISAPPEARS

KILLED IN US.

HURRICANE

TERRIBLE STORM HAVOC

ON EAST COAST

among the unemployed. United SEA-SHORE HOTEL RESIDENTS PANIC

Press, per S. C. Geld Bar Co.

AS SUBURBS ARE WRECKED

ASSIST CREDIT NEW YORK

NEW YORK DAMAGE

EXPANSION

tain's desire to continue her tradi-US. BANKS tional friendship with Japan, is stressed in a leading article in "The Times", to-day on the forth- coming cotton discusions in India. between Britain, Japan and India, which open at Simla, on September 19.

While difficulties facing the delegates, "The Times" realises the desir- ability of the meeting, and fore- casts some measure of agreement if the right atmosphere of good- will can be established.

acknowledging the

Federal Reserve Buy

Govt. Securities.

$30,000,000 ADDITIONAL CREDIT AVAILABLE

NEW YORK, TO-DAY. FORTY-TWO PEOPLE ARE KNOWN TO BE DEAD AS A RESULT OF THE HURRICANE WHICH SWEPT ACROSS THE EASTERN STATES OF AMERICA, ON WEDNESDAY AND YESTERDAY, DEVASTATING PROPERTY AND CAUS- ING EXTENSIVE DAMAGE TO SHIPPING.

A still greater catastrophe is feared at New Jersey, owing to the danger of the breaking of the dam above Spring Grove, where 2,000,000 gallons of water are stored.

ZAMBRENE WEATHERPROOFS

ARE

Superior.

BERNARDS" OF HARWICH.

Outfitters.

CHATER ROAD,

HONG KONG

$208,000

Closing scenes at the World Economic Conference at the Geological Museum, London, July. 27. Mr. Ramsay MacDonald (President of the Conference? signing papers before the final morning session. (S. & G.)

GERMANS CAN NOW TRAVEL ON FOREIGN SHIPS

Home Restricted

Terrific seas were experienced at the resorts of Ocean City, Vir- Foreign Firmy Cash Transfers To ginia Beach and New Jersey, where waves shook the hotels on the sea-front and residents fled in panic. Motor-cars were buried in drifts The suburb of of sand whirled into the streets from the foreshore. Willoughby was wrecked..

AT PENNSYLVANIA, HUNDREDS WERE DRIVEN FROM THEIR DEVASTATED HOMES, AND ARE NOW TAKING RE- FUGE IN THE CHURCHES.

New York experienced the full blast of the storm Roofs were

New York, To-day. Following the appeal made on Wednesday by General Hugh John- The newspaper observes that the son, head of the National Recovery situation, resulant upon the recent Administration, for the loosening of intensification of competition is of credit in America, 12 Federal Re- the most delicate nature and re-i marks that the British delegation serve banks, according to the "New York, Evening Post," have begun a to-morrow embarks on a novel ven- ture in the sphere of "commercial programme of purchasing United diplomacy, which with afford them States Government securities. them an opportunity to dispel, by This move will add frank discussion, the growing but $30,000,000 weekly to the ill-founded auspicion in the mindscredit available to member of the Japanese that the British banke. Empire has embarked on an anti-Hitherto, the purchases whipped off houses and hurled into Japanese policy.

amounted to G$10,000,000 week the streets. Boats in the harbour y. Reuter,

were torn from their moorings and.. drifting helplessly, constituted a grave menace to the other shipping, The lights on the top of the Statue of Liberty were extinguished, while the famous light at Sandy Hook! was also blown out by the gale.

They will be able to de- monstrate the strong British desire to remove every irrit- ant threatening disservice to the traditional friendship of the two countrita.

states Continuing, The Times that the delegation should be no less successful in allaying the equally ill-founded mistrust among Indian mill-owners, that Lan- cashire interests are seeking to hamper the development of the colton industry in India,

It would be a mistake to under-

Industrial Output Increased. Washington, To-day. The weekly report of the Federal Reserve issued Bank, yesterday, showed that the in- dustrial output for July was 98 per cent. of the average for the years 1923 to 1925, and the highest since May 1930.-U.P. per S. C. Gold Bar Co.

Fort Monroe, on the Virginia Coast, was inundated, and the hospital is full of refugees.

The American steamer, “Madison,” which was dis abled

Wednesday, is

оп

estimate the difficulties which were GOLD HOARDERS ing to Norfolk under her

bound to be encountered, but how ever menacing the possibilities of failure, it was most desirable that

this method of Anegotiating trade agreements should be given

chance prove its usefulness.

It was far belter that the industries concerned. should thresh out an agreement than that the intricate adjustments to international trade should

..tic game.

隐

IN AMERICA

Attorney-General

To Act.

Measure's submitted To Roosevelt

A

own power, while the United States cruiser, "Indianapolis" is standing by to receive dis- tress signals.

The wireless report stating that the town of Salisbury, Mary- land, had been wiped out, is still Junconfirmed.

This is the second storm to strike the east coast of the Unit-

Washington, To-day. programme of the mea- be made pawns in a diploma- stres to be taken against gold-ed States within the week. On hoarders in the United States, Sunday last many perished and Much depends on the success has been proposed and submitted extensive damage to poverty was with which the British delegation to President Roosevelt, by Mr. done when a freak storm struck is able to impress upon Indian and Homer S. Cummings, the United the coast of New Jersey. Japanese mill-owners alike its States Attorney-General. business-like capacity and in- Mr. Cummings states, how- cerity and its desire for co-opera- ever, that he is unable to predict

tion.

ter.

Reu

what action the President will STOCKS RALLY ON Given the right atmosphere of take. United Press, per S.C goodwill it will be possible to find Gold Bar Co. some way of ending the instability

of the markets in the Far East- Reuter,

IL DUCE'S NARROW ESCAPE

Car Almost Over Precipice.

(Continued on Page 12}).

EASIER HOURS ON

WALL STREET.

Plan To Eliminate Night Work.

New York, To-day.

WALL STREET.

Silver Market Active.

New York, To-day Following Wednesday's decline, stocks rallied again on the New York Market, yesterday. There is evidence that the rise might con- Itinue easily, with stimulation.

Death Roll Growing

INLAND CROPS DESTROYED

New York, To-day. The hurricane death rolls is still growing and hat now reached 42, including eight New Jersey residents.

It is learnt that even crops far inland have been de- vastated-Reuter.

THE QUEEN'S EYE INJURY

No Ill Effects.

KING HOLIDAYING AT BALMORAL

London, To-day,

The King,accompanied by Prince George, left for the North during Wednesday night and yesterday reached Bal-- moral Castle for his annual holiday on Deeside.

As is his custom when staying at Balmoral His Majesty

wore

Highland dress.

Meanwhile the Queen, who is prolonging for few days her visit to her daughter, the Princess Royal, at Harewood House, made a tour of Yorkshire Dale yesterday.

'Her Majesty felt" no III

Berlin, To-day. Germans are henceforth per mitted to book passages on for- eign ships, but refund of money beyond fares and expenses aboard must be made in Germany only, to prevent the flight of capital,

There are certain restrictions on foreign companies regarding the transfer of money to home ofices. -Beuter.

BRITAIN'S

TRADE SHOWS

BLUE SHIRT

MEETING IS

POSTPONED

O'Duffy ́Avoids Conflict.

POLICE CHARGE “LIVELY”.. CROWDS

Dublin, To-day. Two hundred Civic Guards took

possession of Waterford City Hall

Wednesday night after the Government had banned the meet- ing of the National Guard Associa tion, an ununiformed Blue Shirt au- xiliary corps.

IMPROVEMENT Gener O'Duffy, who was

Railway Traffic Figures

As Barometer.

HEAVY INDUSTRIES SHOW MARKED INCREASE

London, To-day.

to

have addressed the meeting, re ceived a tumultuous. welcome from

the city.

From his hotel he told the crowd that he did not intend to come into conflict with the People's Civic Guard and, therefore had postponed the meeting.

He asked them to go home quiet-

The steady fise in Home railly, but lively scenes which ensued stocks which has taken place re forced the police to make a baton cently reflects the satisfactory traf-charge in order to disperse hostile

elements-Reuter. fic figures which the Companies have been showing.

Government May Act On Sunday.

Dublin, To-day Although no action has yet been

MISSING

WARRANT ISSUED

KWANGTUNG

PROVINCIAL

BANK ROBBED

Well-Known Jockey Was Cashier.

MISSING SINCE AUG. 15

A sensation · has been caused by the disappearance of Mr. Peter Young, the well-known local jockey. The sum of $208,391.73 is miss ing from the Kwang- tung ~Provincial Bank, where he was emplo y ed as a cashier.

Mr.. Young, who resides at No. 5, Fung Fai Terrace, Village Road, Happy Valley, is reported as missing since August 15. No sig- nificance was placed in his disappearance for the first few days, but two days ago, the bank officials decided to open the safe, when the loss of the money was discover- ed.

A report Was made to the police, and it is learned that a warrant was issued this morning for his arrest. Interviewed this morning Mr. Si la Sato, Manager of the Kwangtung Provincial Bank, told a “China Mail"

Although the more vigorous po licy pursued by the Companies is perhaps mainly responsible for the passenger increase, more general interest attaches to the steady im- provement in the amount of mer-taken by the Government against representative that Mr. Young had chandise carried by the railways the Blue Shirts, it is believed the last been seen on the afternoon of competition of Government will almost dertainly August 15 when he had given a despite the severe

be forced to act on Sunday at the bunch of keys to one of his assis- froad, transport.

This section of the trac latest, if General O'Duffy carries tants saying that he might not be in figures is regarded as a relia-out his present intention to parade as early as usual on the following

'ble trade barometer,

raised in creased transport of fái ma• ̈

manufactures, teriais shows particularly in heavy indus tries, to be increasingly, de ∙tive.

The figures provide corroborative evidence of the Improving condi

the Blue Shirts in uniform Ren

ter.

REICHSTAG FIRE TRIAL.

Mr. Young, however, kept the keys of the safes in the vaults, and, acting under Police advice, Mr. Sate forced them open on Tuesday only to find that all the cash avail.

effects from the piece of grit tions reported from many olber Opens On September had been taken.

which entered her eye and

sourcesBritish Wireless Service,

caused her considerable pain during the previous day's certMANCHUKUO COUP

monial opening of Leed's new

Town Hall British Wireless

Service.

U.S. FOOTBALL STARTS.

East Beats West At Chicago.

ON USSURI R.

130 “Rebels” Killed In Fierce Fighting.

TWO STEAMERS CAPTURED

Harbin,

21.

·3 BULGARIANS, A DUTCHMAN AND A "RED": CHARGED:

Berlin, To-day,

Mr. Szto said that $206.391.73 had been taken, but it was

fortun- ate that there was not three lakhs in the bank as was uzsual.

Mr. Young left word with his The trial will open on Septem- family that he had gone to Canton ber 21, partly at Leipzig and part- on urgent business and would be ly in a special room in the renovat-away for two or three days. After ed, Reichstag of the five accused he had. failed to put in an appear. Incendiaries of the Reichstag. The ance at the Bank on, August 17 Mr. defendants are Here Tongler the Szta wired to the head office in ex-Communist Deputy, M. Vander- Canton to attempt to find him, A message from Holin states that labbe, a Dutchman, and three No trace of him was found,

Bay and a man was sent to Hong » two river steamers were captured Bulgarians.

The newspapers congratulate the Kong to make investigations." Chicago, To-day. yesterday on the Ussuri Elver by The East beat, the West by 18 Manchukuo gunboats, operating in Government on their reply de- He arrived on Tuesday and It points to 7 in the American All-conjunction with a combined force clining the conditions of the Interwas then that the case. WAS placed in the hands of the Star football clasale, before a crowd of Japanese and Manchukno troops, national Legal Commission enquiry of 45,000 at Soldiers Field, lut Who claim to have killed 130 anti-and argue that the Commission's Police

Mr. 8zto spoke highly of - Mr. night.

2 Manchukuo troops in ferce 6ghting refusal to hand the German Gov- Horstman, of Purine, and Nesbit, on the river bankernment copies of the documente, Young, whom he said had been of Washington, Scored for the East. The main body of the "rebels" justifies the conclusion that the cashier in the Bank for the past Business was average, 1,780,000 while Newman, of Michigan, scored cscaped, owing to torrential rains Commission does not possess real three years, and for the previous

evidence-Reuter. shares being traded

the West's only touchdown Reuter, hampering the pursuit-Reuter.

The New York Stock Ex-. There was a fair volume of change yesterday announced foreign buying of silver and some Garessio, Piedmont, To-day, that it is considering a plan September purchases against De- Mussolini, who is in Piedmont to which will require deliveries on cember sales Banks and the reviewthe Army manoeuvres had the second day instead of the trade, sold, with profit-taking by a narrow escape from death yes day following the transactions, speculative longs. Sales totalled terday when, up a narrow moun, thus eliminating the night work 881 contracts, about one-third of tain road in his racing car, he met which is often necessary, and these consisting of switches." a lorry loaded with troops at a which will also give out town hairpin bend.

securities an extra day to arrive When Il Duce tried to avoid the in New York lorry, the front wheels of his car Thus, through the use of air went over the precipica. Il Duce mail, the clerical work, on Wall jumped ont unhurt and the car Street, will be greatly simplified. was soon brought back onto the United Press, per 8. C. Gold

Beuter.

Bar Co.

Industrials, rails and milli-

ties advanced 1.03, 58 and 18

to 10241, 31.09 and 70.23 rë upectively, while bonds declin ed 19 to 87.58.200

(Continued on page 12.)