BEDFORD
MADE IN
ENGLAND
THE HONG KONG HOTEL GARAGE.
The Boug Kong & Shangbai Hotels, Ltd.
The British.
TRUCK
Incorporated in Hong Kong. 1.bb Road Happy Valley.
Economical 27-h-p. G-cylinder engine -reducing vibra- tion, reducing
engine-wear, reduc ing Lime-off-the- road, reducing ex- penses.
The dollar, on demand, closed
to-day at 1/5.
FINAL EDIapreme Courts
Librar
China Mail
Ext. 1845.
No. 28,563
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
Eat. 1845.
HONG KONG, THURSDAY, NOVEMBER 2, 1933. PRICE $3.00 Per Month.
GENTLEMEN'S HIGH GRADE
OUTFITTING
AT HOME PRICES
BERNARDS' OF HARWICH
CHATER ROAD,
HONG KONG.
PLAN FOR BRITISH AND AMERICAN MONETARY CO-OPERATION
GOLD BUYING
BEGINS
FOREIGN
PURCHASES BY
R.F.C. TO-DAY
Federal Reserve As
Govt. Agent.
ROOSEVELT HOPES TO RAISE PRICES
Washington, To-day, The Reconstruction Finance Cor. poration announces that America'■ gold purchases abroad will begin to-day.
The announcement was made in
Mr. Cordell Hull.
$1,365,000 IN INCOME TAX
Paid By U.S. Banker
In Five Years.
EVEN AFTER TAX EVASION
Washington, To-day,
was caused
WAR DEBT TALKS
SMOOTHING
OUT EXCHANGE
FLUCTUATIONS
VITAL WHITE HOUSE! CONFERENCE.
MONETARY TRUCE BELIEVED IMMINENT
SPECIAL TO CHINA MAIL.
My Telegraph, Copyright. Tricpro- pho Mesragen Ordinaner, 1894. "Re- jesired Noveather 2, 6.10 a..)
PRIME MINISTER'S DAUGHTER'S ENGAGEMENT RUMOURED
Mist Ishbel MacDonald To Wed Montreal Professer?
London.
The United Press, on October 24. quoted an unimpeachable source in a copyrighted article. waxing that Miss Ishbel_Mac- Donald, daughter of the Primu Minister, Mr. J. Ramsay Nac. Donald. WOE engaged to marry Professor J. King Gordo, of Montreal.
3 Islibel has been the Prime Minister's official hostess and has accompanied him frequently on hi inany official trips. She has been head of his household since Mr. MacDonald's wife died in 1911.
BRITISH FOREIGN TRADE INCREASE
Revival Revealed In Shipping Statistics.
Washington, To-day. It is understood here a broadcast speech, last night, by
that in yesterday's con- versations with the chief Mr. Jesse Jones, Chairman of the R.F.C. He said that the Corpora-|
Economic Adviser to the tion had authorised the Federal Further sensellon Reserve Bank of New York to dis- yesterday by the former President British Government, Sir BIGGER posed of R.F.C. notes and to take in of the Chase Bank, Mr. Albert Frederick Leith - Ross, payment of the foreign gold which Wiggin, who is testifying before the United States Ad- will be imported.
the United States Senates Banking|ministration officials sub- which is mitted a plan providing Investration Committee, now probing the affairs of
He added that the Federal Re- serve Bank would be the Govern- ment's sale agent, and that the Chase Bank. price to be paid will be announced in the morning.-Reuter.
ROOSEVELT RIDING TWO HORSES.
Sound Money And Inflation.
•
SEPTEMBER CARGOES!
London, To-day.
A further sign of trade
revival is afforded in the United Kingdom ports dur- movements at shipping
ing September.
the for American co-opera-
tion with Great Britain The Board of Trade statistica: that the pur to smooth out the ex-vessels arriving in foreign trade show that the net ftonnage of Chase National Bank stock, change fluctuations.
Mr. Wiggin said pore of his large short sale
מה
1929, was to "postpone" tax pay-- meuts He added that he had! saved tax amounting 000 un stock proft U.S.$4,000,000.
during September. 34th cargo.
Dr. Einstein on liberty. His first public address on a general subject.-Professor Einstein, the celebrated scientist, "addressed a large meeting at the Albert Hall, London, on Oct. 3, on "Fair Play For The Oppressed"; The talk was under the auspices of the Academic Assistance Council whose object is to assist intel- lectual Jewish refugees from Germany.
Following a report that Scotland Yard had received an anony- mous message concerning a plot to assassinate the famous selen. tist, the Albert Hall was closely guarded during the meeting.
BRITISH
JOURNALIST
· EXPELLED
Nazis To Release Noel. Panter.
It is also understood showed an incense of 9.4 per cent EIGHT
as compared with the corrES- US$44 that the Administration ponding month of last, year totalling is now awaiting Great Departures with cargo were of Britain's reply before be- 3.8 per cent. greater tonnage.
| Arrivals in ́ballast were 3.0 per] ginning any purchases cent, and departures 90 per $1,365.000 during the past five of gold in foreign mar-cent. greater.
years "Re."
SPECIAL TO CHINA MAIL. 1400_Polygonph, Coppright. Tehgewe ku Ma-wager Tidtanser, **** Corod Norco, 2, 1945 a.m.)
Washington. To-day.
He declared that he paid in- come tax umounting to 1.5.-
jkets.
Coasting trade arrivals and departures, with cargo, rose by 6.7 and 5.6 per cent, respective-
In many circles, last night, it was believedly, and ballast movements were
The Committee examined a letter mdi aling that the Chase. Harris: mal Forber Company which Mr. Henry Morgenthau. United hated with the Chase National that there will soon be an States Department of Agricul ans, suggested to their clients, a ture, representative, yesterday
Anglo-American mone- indicated that the purchasing of theut of establishing losses foreign gold might have been!er to evade payment of income
started.
18
He declared that he fell that; the Recovery programme progressing, including the mone tary and re-employment phases. He hopes the turn will con- tinue upward.
is reported that President It Roosevelt is most hopeful that the purchases of foreign gold wili; increase the general price level. Officials are now establishing purchasing machinery, which is! expected to be ready soon.
The arrival of the Gov ernors of Wisconsin. Min- nesota, Iowa and North Dakota, to plead immediate inflation and other farm measures, has convinced ob- servers that the new state- ment of the Administration's monetary policy will not be delayed much longer.
-
Critics contend that President Roosevelt is trying to ride two horses, sound money and info- tion, in an effort to keep the sup- part of all groups. United Press, per 8. C. Gold Bar Ca.
War Debt Parley At White House.
·Reuter.
in
SPECULATION IN SILVER
Wall Street Rumours Of Remonetisation.
MARKET IMPROVES
tary truce. ~ United Press, per S. C. Gold Bar Co.
"DEBT TALKS ONLY."!
Communique Issued After Conference
Washington, To-day.
President Roosevelt received Sir Frederick Leith-Ross and New York, To-day. Sir Ronald Lindsay, at the White Industrial issues recovered House yesterday afternoon for al sharply on the New York Stock Conference at which Mr. Cordell Exchange, yesterday, the averages Hull, U.S. Secretary of State, and were also up .22 to 36.16.
DAYS IN MUNICH GAOL
Berlin, To-day.
Mr. Noel Panter, the Munich correspondent of the London "Daily Telegraph,” who wan arrested on October 24 by the Nazis, is to be re- leased and expelled from Germany
B
It was stated previously that- Panter would be tried at the Supreme Court at Leipzig on charge of treason against the State. The charge was based on| 1933, the
"accumulation of informa-
9.1 and 9.7 per cent. heavier respectively.
In the third quarter of
Wireless Service,
Guarda
foreign trade shows an increase of tion concerning the "Storm about 3.0 per cent in cargo which was used so as to convey 4.5 per cent in cargo entrances, and Troops" and Hitler's
clearances, as compared with the f
[the impression that they were September quarter of 1932-British military formation and that Ger-
many
thus violating the Treaty of Versailles."
Panter's arrest was in connec- tion with his descriptive report, reproduced in the Daily Telegraph, of the parade of "Strom Troops"
$4,000,000 LOAN FOR CHINESE COTTON.
Control Committee's Plan To Raise Yarn Price.
BANKERS APPROACHED.
Shanghai, To-day. The Chinese Cotton Control Mr. Dean Acheson, Under Secre-Committee, a branch organisa-
was
which Chancellor Hitler addrone- ed Relhelm, on October 22.
(Continued on Page 9.)
ARMISTICE DAY POPPIES.
Utilities and bonds weakened .17 tary of the Treasury; were also tion under the National Econo40,000,000 Prepared By
and 15 to 22.91 and 82.44 respec- tively.
Silver was strong through- out the session, due to specu- Intive buying, which was un- doubtedly hased of possibilities of the re- monetization of silver.
on rumours
Silver prices continued to improve
present
A communique issued at the close stated that the con- ference was a continuation of the debt-settlement dis- cussions, which would be fur. ther continued.
Disabled Men.
London, To-day.
mic Council, has begun work. has submitted a proposal to the Chinese banking circles for а |loan of $4,000,000 for the par-
pose of raising the price of cotton In connection with the usual| yarn by buying the laid-up stocks Armistice Day appeal for the Bri. lof the Chinese-owned cotton tish Legion of Ex-servicemen, 40,- The communique added: "There mills.
000,000 imitation Flanders poppies
is nothing at all final," and that The Committee is sending ex- have been made by disabled soldiers the subject of gold purchases in perts to survey the condition of for sale on November 11
on the England had not been considered the cotton industry in various streets, throughout Britain and In provinces as a preliminary to-many parts of the Empire, and wards the improvement of the among British communities abroad.. Industry-Central News Agency.1-British Wireless Service. “
on the Commodity Exchange, here, yesterday. The December trading Reuter. price advanced from 40 centa per ounce to 40.88 centa, while the March trading price rose .85 to. 41.45 cents-Beuter,
High U.S. Export Trade For September.
(Continued on Page 9.)
DOLLAR-STERLING
WAR UNLIKELY. Lancashire M. P. Talks
Of Embargo Against Japan
Washington, To-day.
|- President Roosevelľ'a' advisers
| have-indicated that the negotia-
London, To-day; “It is quite within the ambit. Major Proctor in ceeding satisfactorily. It is pre-ly embargo Japanese goods in
CUBA MAY
BUY SILVER
GOLD BARS
SMUGGLED INTO
MANCHUKUO
Sent In Soviet Consular Motor-Boat,
ANOTHER HARBIN DIPLOMATIC TUSSLE
Harbin, To-day.
Another diplomatic tussle be tween M. Slavutsky, the Soviet Consul-General here, and Mr. Shih Liu-pen, of the Manchukuo Foreign Office, looms regarding the alleged use of Soviet Consular motor-boat for the smuggling of gold bars from Manchukuo.
Manchukuo reports state that a Soviet business con- cern in Tahaiho recently sent ten gold bars by a Soviet Consular motor-boat to Bla- goveschensk. Confirmation of this report is now belog awaited. after which Mr. Shih will lodge a firm protest with M. Slavutsky.
It is further stated that the
FROM MEXICO Soviet Consul at Taheiho has a
Policy Of Reducing
U.S. Influence.
private wharf and several motor- boats ut his disposal
These boats” are used for car. rying officials with diplomatic despatches
to Blagoveschensk
TO REPUDIATE MACHADO'S and the method is alleged to be
FOREIGN DEBTS?
SPECIAL TO CHINA HAIL.. [By Telegraph, Copyright. Telegra.
Creived November 2, 2.55 ann.)
the Mearngee Ordinoner, 1894 R
Havana, To-day.
The Cuban Government is considering whether it will re- pudiate the foreign debts which ex-President Machado contracted illegally, but will assume obligation for others.
The Cuban Cabinet yester- day discussed a plan for issu- ing silver certificates, with a silver backing, instead of coin- ing new silver dollars.
If the plan is approved it is understood that silver bars will be purchased in Mexico, in accordance with the Govern- ment's policy of constantly re- ducing American influence in Cuban affairs.--United Press per S. C. Gold Bar Co.
FOSTERING BRITISH
POETRY..
King Offers Medals For Competition.
CONFINED TO AUTHORS OF BRITISH BIRTH.
London, To-day,
also used for the smuggling of gold bars, Reuter.
ANGLO-CHINESE RELATIONS
"Never Better Than To-day."
SIR MILES LAMPSON SEES PEKING PRESSMEN
Peking, To-day.
Sir Miles Lampson, British Minis- ter to China, according a privilege never granted to foreign correspon- Chinese dents, yesterday received pressmen.
were
The Minister issued a state- ment in which he stated that Anglo-Chinese relations never better than to-day. Britain had no individual or po litical ambitions in China, her sole object being to see a prosperous and orderly Chinese State, with which trade could flourish and British merchants could enjoy peace
and security-Reuter,
BURMA ENVOYS. FOR LONDON
To Discuss Question Of Future Constitution.
SEPARATION FROM INDIA?
London, To-day.
The invitation of the Secretary of State for India, Sir Samuel The King has signified his inten-Hoare, to join a delegation from |tion of-offering a gold and silver Burma. ́for consultation on the- medal annually for poetry in Eng-question of the future constitution BPECIAL TO CHINA MAIL..
lish, published ` in volume form of Burma, has been accepted by 12 Bu Telegraph, Copyright. Telegra.
within the Empire by British au- representative persons. phic Measogra Ordinance, 180, R
thors,
They include seven
Burmane, erlund November 1, 12.14 pan-)
Washington, To-day.
A committee of Judges has been one European, one Anglo-Indian,
The White House has indicated:
appointed," with the Poet Laureate, two`Indians and one woman. They Washington.
Mr. John Masefield, as chairman, are expected to assemble in London that the foreign gold purchases by the United States, will probably
The department of commerce has begin to-day.
The Joint Select Committes on announced that United States ex It is also announced that Prest ports amounted to $160,000,000 in dent Roosevelt yesterday conferred September, the highest figure for
cease to exist 'when the present with the British Ambassador to any month since December, 19815. The unofficial opinion is that the same," declared Major HA unions in the cotton industry, and The first awards will be made in session for Parliament, which Washington, Sir Ronald Lindsay Imports mounted to $147,000,000, foreign attitude to the gold pure roctor, The Conservativa, mem- the Lancashire Members of the Decembar 1984 for works publish- created it, comes, to an end. The and Sir Frederick Leith-Rosa"". representing a slight decline from chaas scheme will be to condi- beri for the Accrington division House of Commons, to discussed in 1933. Medals will be award- Committee will probably be cons It was later stated, however, that August, due partly to decreased im- tionally tolerate test purchases as of Lancashire in an interview the question of Japanese com-ed for poets' first or second volume structed when the new session only war debts were discussed.-ports of Philippines augar, which long fluctuations are kept within yesterday, with the Financial petition in the cotton and piece of verse or to a poet still under 35. opens on November 21, United Press, per B.C. Guld Bar Co, féll off $1,100,000-United Press, reasonable bounds. Reuter,
goods Industries. Reuter. Reuter
(Continued en Page ̈0.)
tions with Great Britain are proof the Government to complete meeting between native A small sub-committee will be ap-early in December. A
the
dicted that America's gold opera Britain and the Colonial Empire, Council of the United Textile pointed abroad to recommend
ions abroad will not result in and to co-operate with the Domin- Factory Workers' Association, books from India, the Dominions Indian Constitutional Reforms will dollar sterling duel,
lons so that they will do the which represents all the trade and the Colonies,
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