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· THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
Est. 1845.
No. 28,570
HONG KONG, FRIDAY, NOVEMBER 10, 1933.
PRICE $3.00 Per Month.
LEVEL FOR 60 YEARS
AMERICAN DOLLAR DECLINES TO LOWEST LEVEL FOR
GERMANY TO
RE-ORGANISE
THE LEAGUE ?|
Conciliatory Proposals Reported.
SYMBOLICAL RE-ARMAMENT
INCLUDED
Geneva. To-day. A report is current in German circles that Germany, early next week, will make concrete propos-] als for the re-organisation of the League of Nations and the continua- tion of the Disarmament Confer-
ence.
The proposals would be concilia- tory but would include symbolical
Je-armament.
The Bureau of the Disarma- ment Conference at Geneva, yes. terday set up a committee con- sisting of British, French, Ita Han, Spanish, polish and Nor. wegian delegates to cxam- ine the procedure And to
thereon
fur- to report ther meeting of the Bureau, to morrow. Reuter and British Wireless Service.
BRITAIN ANXIOUS TO DISARM.
If Germany Will Allow Her.
MR. MucDONALD ́AGAIN,
London To-day. After a recapitulation of the record of the National Government at Home, the Premier, Mr. Ramsay Mac- Donald, speaking at the Lord Mayor's Banquel',Inst night. turned to the international sphere.
He said that not 21 was spent by Britain that was not honest- ly necessary for defence. Arms!
had never yet saved a nation from
RELATIONS BETWEEN SOVIET AND AMERICA
Basis Of Agreement Presented To President Roosevel
Washington, To-day. The foundations of A Soviet. American understanding regard. ing diplomatic and economile re Intions, was formulated during a two-hour conference between M. Maxim Litvinaff, the Soviet envoy. who is seeking America's recogni. tinn of thr U.S.S.R., and the United States Secretary for State, Mr. William Cordell Hull, yester lay.
A basis of agreement was pre sented to President Roosevelt Inte yesterday afternoon --Reuter,
SILVER RISES NEW YORK
Record Volume Of Trading.
STOCK MARKET UP ON INFLATION TALK
silver was
IN
New York, To-day. A new trading volume record in the set yesterday on
The con- New York Exchange.
possible remonetisation tinued created bullish sentiment.
A
CROSS-RATE AT 5.15 1-2
SENSATIONAL
ADVANCE IN
STERLING
|EXCHANGE TRADING
DEMORALISED.
ROOSEVELT'S DEPRECIATION
POLICY
MENACE OF SECRET DRUG. FACTORIES IN FAR EAST
Geneva Report Stresses Increase In Cocaine Smuggling To India
Geneva, Today,
The danger of clandestiné drog factories in China, and the Far. East was emphasised in a report dealing with the illicit traffic of narcoties, which was adopted by the Opium Advisory Committee, yesterday.
The report calls attention to the Increasing smuggling of coexino to Tedia from the Far East-Router
The election of the new Sheriff for the City of London to FORTRESS
Bir
take the place of Mr. Jacob, who recently retired, took place in the Guildhall on Oétober 10, with customary ceremonial. George Broadbridge, F. R. G. S., 'was elected.
The new Sheriff addressing the liverymen after-being invest- ed with his robes, (S. & G.).
SPECIAL TO CHINA MAIL. {By_ Telegraph, Copyright. Teiegro- phie Moonages Ordinance, 1894. "R Errived November 10, 8,50 am)
New York, To-day. The United States dollar yesterday reached its lowest value for 60 | years. At one time dur- ing the day the dollar- DRASTIC sterling rate was quoted at £-U.S.
The 5.152. price at 5 p.m. was £-U.S. 5.12..
LIQUOR LAWS
IN NEW YORK
Old Public House. Banned.
MANY SALES RESTRICTIONS
New York. To-day. The old-time Public House is to be banned" tæder-the experimental Ilquor plan an- nounced by. New York State. Alcoholic beverage control will become effectively after the re- peal of prohibition on December
Late foreign exchange trading was demoralised on account of the sensa- The day's excitement was most-tional advance in 'sterl- ly confined to the Foreign Ex-
Business on the ing and in many in- change Markets. Stock Market however, showed stanges dealings were sharp increase, 2,900,000 shares made impossible. Quo- Industrials, rails and utilities tations varied consider- advanced 86, .42 and .09 to $6.40, ably throughout the day. 39.85 and 24.62 respectively, but The drop in the dollars.
advanced is the result of President Only hotels, restaurants, clubs and shops, whose revenue is from 42.96 cents per ounce to 43.35, Roosevelt's depreciation mostly derived from food, may while the May quotation rose 28 policy. United Press. serve liquor and wines at tables.
being traded.
bonds weakened 20 to 81.54.
The December price
(cents to 44.40 cents.
SOVIET TO BUY U.S. COTTON.
Big Order When Credit Is Arranged.
New York, To-day.
It was learned here, yesterday
The sale of bottled liquor for home consumption will be restricted to State licens-
per S. C. Gold Bar Co.
INDEPENDENCE OF ed retailers and large grocery
STERLING
Reserved Statement By Mr. Chamberlain.
war, therefore, Great Britain was that Amtorg, the Russian trad-
London, To-day. doingy her utmost to remove the ing organisation in the United Arked in the House of Commons grievances of the various no States, has definitely offered to yesterday, what steps he proposed Blone as regarda Disarmament. purchase 1.000.000 hales of coto take to prevent the pound sterl
Britain was only too mxfour ton and 1,250,000 yards of cot-};
to continue if Germany would ton cloth As soon as suitable ng from rising above dollar parity.
allow her to do so.
credit terms
"Germany must be a signatory Reuter. to any satisfactory Disarmament
convention," he said.
are arranged.
NEW CABINET IN IRAQ.
LONDON'S NEW LORD MAYOR
Sir Charles Collett
Sworn In.
MAGNIFICENT PAGEANT OF EMPIRE COMMUNICATIONS
London, To-day.
The new Lord Mayor of London,, Sir Charles Collett,
was sworn in at the Law Courts yesterday, ✔
Mr. Justice Avory, in congratu-| inting him on taking over the ancient ofice, said he could begin his duties with the knowledge that the prospect of prosperity in Bri- tain was more cheerful than it had been for years past.
The annual Lord Mayor's proces» ston yesterday attracted the usual great crowds. The most elaborate feature was a pageant of Empire
BOMBARDED
IN HAVANA
Gunboats Fire From Harbour.
2,000 REBELS SURRENDER AFTER FIGHTING
Havana, To-day. The fortress of Atares, here 2,000 Cuban rebels were en- trenched; surrendered yester: day after a heavy bombard- ment in which two Caban gun m boats joined in from Hayana harbour,
"Many were "wosided in the fighting, and two stray shells' razed two houses in a suburbs The inhabitants, panicked and evacuated the neighbourhood.
Ex-President Cespedes y Or- tiz is reported to have taken refuge in a foreign' Legation. -Reuter.
NO INTERVENTION BY AMERICA.
MALAYA
SCORE WELL
AT K.C.C.
156 For 6 Against United Services.
GARTHWAITE BOWLS WELL
Sensational Collapse Of Návy Batemen
Winning the toss and sending Malaya in to bat Capt. Peter Wil liams, the United Services' skipper, caused
some surprise at the K. C. C. this morning.
His policy on a perfect wicket looked as if it might justify it self when Croome was sent back
with 18 runs on the board, but s very sound fifth wicket stand by L. Alvis (41) and B. S. Gill (32), which realised 76, runs and. en- Jabled Malaya to total 156 in the 120 minutes' play before lunch.
Gaithwaite bowled excedingly well for his 3 wickets. His [figures for his first spell with the
ball were:-
0
MBW
8 24 8 He was given an over before lunch, and bowled a maiden.“
NO ANNOUNCEMENT OF HONG KONG CHANGES
Pacision After 4.30 pm.
When interviewed by a China Hail representative this afternoon Mr Tom Hayward, the Hong Korz Cricket Club captain and a sammader of the Interport Cricket Selection Committer, maid that the changes in the Hong Kong side to met Shanghai to-morrow would not be announced before, 4.80 p.m.. to-day.
his 32, scored out of 61, but was Burn batted enterprisingly for-
Communications. In this the Gen- shops.
oral Post Office,-Imperial Airways,
{ainiost out to Richards in the same Curfew hour will be 8 a.m. on the P. and O. Steamship Company,
[manner; he was to Handlow in the week-days. Drink will not be the British Railway Companies, the
second" Ingings of the Interport. sold before 2 p.m. on Sundays, Canadian Pacific Company, Cables and no one under the age of 18 and Wireless, Limited, and the High Government authorities The ball cocked up, hit him, and will be allowed to buy liquor and Marcon! Company presented here have reiterated that the just dropped wide of the stumps.
United States is not considering wines from shops. Reuter.
U.S.$50,000,000 FOR FARM RELIEF.
45 Cents Per Bushel the Chancellor of the Exchequer.
Of Corn. Mr. Neville Chamberlin, said that he thought a more correct description
Washington, To-day. of position would be that the dollar
The United States Secretary had fallen below parity with the of Agriculture, Mr. Henry C. pound. The circumstances in which Wallace, yesterday announced this had happened were well known, that the Construction Finance The general policy of the British Corporation have allotted Government was to retain, for the farmers, who will receive 45 cents U.S.$150,000,000 for the relief of present, the independence of ster per bushel, on corn raised on hinted that Garmany had some The new Iraq Cabinet was form-ing, as had been explained on sever- their farms, Beuter. new proposals. They would re-ed yesterday, with Jamil Mid Fal, al occasions, particularly in the re- ceive the most favourable, and ex-President of the Chamber, impartial consideration. ho Premier.
The present positio Germany was not good for her and not good for Europe.
It made it nearly Imposible
to be reasonable and g per
ous.
ין
Baron Von and Neurath had
said. - Reuter
MUSSOLINIAS
FINANCIER
Italian Government And Industry,
Rome, Today.
Jamil Mid Fai As Premier.
Baghdad, To-day.
solutions approved by the Empire General Nuri Pasha as Said, delegation at the conclusion of the Minister of Foreign Affairs in the World Economic Conference-Bri last Cabinel, retains his post, and tish Wireless Service. will, concurrently, be Minister of Defence in place of Jalal Beg Bahan-Boutar.
ADJOURNMENT OF COURT-MARTIAL Corporal Doughty In Hospital
A decres, which may re- volutionise Italy's methods, of financing fndustry, was presented to the Chamber of The farther hearing of the Court Dopaties yesterday, by the Martial in which Corporals John Premier, Signor Benito |Doughty and. Hayden 'Brealey are Mussolini, for ratification, to charged, with Private William Mc It permits the Government to Ardell, with various offences - un- riikrantée, and participate in der the Official, Becrete Acta of stock issues of private co- 1911 and 1919, was postponed this morning on account of the illness
« Government will thus of Corporal John Doughty, who was arantee the principal and also admitted to the Military Delaining nali" rate of interest which Hospital, Kowloon, with a tempera
of the turs of, 108 £0.105 degrea Reuter, Pneumonia la suapoetad,
position.
SECRET U.S. GOLD DEALINGS.
Price And Amount Not Stated.
SPECIAL TO CHINA MAIL, (By Telegraph. Copyright, Telogen- phie Massages.. Ordinanc0, "1802); seived November 10, 9.50 a.m.)
New York.” To-day, The amount and price of the foreign gold purchases made by, the Reconstruction Finance Corporation, for the United States" Adminis tration," has not yet? boun revealed. "BARN At in belleved, ho the prica, ils aim domestic, price, - United per B. C. Gold Bar Co.
ever,
LOCAL DOLLAR UNCHANGED.
Cross-Rate Soars To 5.13.
The dollar remains unchanged, {openitig to-day at 1/5,
·Silver prices advanced 1/16 y6- terday, spot closing at 18-8/16 and forward at 18*11/16;
The cross rate, London on New York, is &-G$5.06 and New York on London 2-G35.18, 20
213,000 OUNCES OF GOLD BOUGHT IN U.S.
Washington, To-day}} So far, 213,000 ounces of gold have been the Resou
oration in
ned to state the amount
abroad, Reuter.
tableaux.
Washington, To-day.
There were also models of the intervention in Cuba, despite the first steam engine, the first steam- many requests from private ship to lay trans-Antlantic cables sources that they should take
action: Reuter. and, by way of contrast, models of fakt aeroplane and of a modern
liner passing under Sydney Har- |bour bridge.—British Wireless Ser-
vice,
ARMISTICE · DAY
IN LONDON, King To Take Part In Cenotaph Service.
"(Continued on Page ́8.)
Scores:
Malaya
V. Groome,......c. Barnsby, b
Garthwaite ANOTHER CHINESED. C, Barn, b Eeden
AIR CRASH.
Eu Chow Teik, and b
Garthwaite •••
Plane Destroyed But R. G. Gibson, b Garthwaite
Pilot Unhurt.
Foochaw, To-day.
L. Alvis, Ib.w., b- Barneby B. 8. Gill, b Bonavis
Total
10
41
82
Morgan at. Walker, b.Richards 18 WO. Jonklass, b Garthwaite Another air accident occurred P. R. Lewis, c Cutlor, b Eaden here on Wednesday, when an army W. W. Dean; b Garthwaite. 'plane, No. 6, belonging to the Fu C. A. Speldwinde, not out kien Military Headquarters, caught Extras - London, To-day: fire and crashed" during a test: do- According to present arrange monstration. Fortunately the pilet | ments the King will attend the was unhurt, Armistice Day ceremony at the Four men were killed yesterday
Fall of the wickets. 1-2-845 Cenotaph in Whitehall to-morrow at Mulhafen, north-eastern Kwang- 18 29 51 59 185 148 154 156 159 168
Later in the day Their Majesties tung, when two military planes the King and Queen will proceed to crashed from an altitude of over Sandringham, where the Court will 1,000. fest-Central News Agency. | Garthwalla [remain for just over one week be- Palaca-British Wireless Service, |fore returning to Buckingham
•
MORE VOTES FOR WOMEN.
Privilege In Philippines.
Manlin, To-day.
BERT HALL RECEIVES GAOL TERM.
American Aviator Sentenced.
Lieutenant Bart
Women In the Philippine fortune, author :) and Inlands will be entitled to exer- American aviater) was dise. their vote after January 17 to 211⁄2 yeard' imprisonment 1985. Reuter.
Nelllaland: "In the American Court this morning" PUNING IN HANDS OF BANDITS charge of misappropriati
$9,775 kyldes entrusted to him, by Generál – Hé Peking, To-day.,
ere, to-day that The money was intended for the "hayerb-cap-purchase of arms for the North
eastern Army,
the Bandit rema tured Funtug.
utar.
Chu-koo,
168
9 XO
Bowling Analys'n.
OMR. W; 206 32 81 17 10.8 1.29
4125
UNITED SERVICES
** First-inningu,
Major Bonavia B-Gill'
| Lt. Walker c Alvia b Jonkisas
14. Garthwaite h' Gill':
Capt. Williams 'b Jonklass Bub. Tt. Sinclair, not out
Là. Comdr." "Stephenson b Jonk-
Capt. Cuthor not, out
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