1933-11-15 — Page 1

BEDFORD

MADE IN

ENGLAND

READ THE BEDFORD TRANSPORT MAGAZINE Specimen copy post free on application.

THE HONG KONG HOTEL GARAGE Happy Valley.

Stubb. Rand

The dollar, on demand, clonid - to-day at 1/57

FINAL EDITION..

Suprem

China Mail

Est. 1845.

THE OLDEST - ESTABLISHED NÉ VSPAPER IN THE FAR EAST..

Ert. 1845.

No. 28,574 HONG KONG, WEDNESDAY, NOVEMBER 15, 1933. PRICE $3.00 Per Month.

ZAMBRENE WEATHERPROOFS

ARE

Superior.

BERNARDS. OF HARWICH.

Outfitters.

CHATER ROAD,

HONG KONG

NAVAL RACE FORCES BRITAIN TO REVISE

BUSINESS

NEWS IN U.S.

FAVOURABLE

Economist's Optimistic

Outlook.

LABOUR'S INFLUENCE LESSENING

SPECIAL TO CHINA MAIL.

(ty Telegraph, Copyright Felgen. shi Mapes Bedomaer, 1894. Bu eived Nove pečici 15, 11 55 man.) New York Today

I'nited The well known States economist and statis

Ward Mr 1ician.

Rager Babson optimistical declar ed yesterday that indur troubles in the United States have rencher their peak and should gradually cline.

He predicts powers

dr

that Labour's

DELAY IN U. S.-SOVIET NEGOTIATIONS

Representative Fish Opposes Recognition Or Credit

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. Telroru phie Merungen Ordinaner, 18PL. Re- erived November 14, 7.18 pm)

Washington, Yesterday.

A member of the United Stater lousu: ウイ representatives. Mr. Fish, yesterday visited the State Department and urged against re- cognition of Russia, and especial-

The granting of| redPosing

Conflicting reports explain the grasting recognition. delay in Some assert that it is due to the difficulty involving M. Kerensky's U.S.$187,000,000 debt to the Unit- ed States.United Press, per S.C. Gold Bar Co.

# ! Washington will A

henceforth be less dominant and that therefore, the prospects are now better for both grows busi- ness and net profits.

He said that the elections were encouraging, showing that the

cannot country

the extreme slampede to Left or to the extreme Right. All recent news, he declared, was favourable. United Press, per S C. Gold Bar Co.

Senator Thomas Urges. Additional Money.

SPECIAL TO CHINA HAIL ly Telegraph, Courright. Telégın-| phie Mensagen Ordinance, 1884. Re- erved November 14. 7.16 pair)

Washington. Yesterday

Senator Thomas has predicted that the Congressional money re- form battle will ride track, tariff,! tax and Recovery measures at the

next sexstaLTY.

Be emphasised that he did no want to criticise President Rouse. velt's monetary polices. but said that the need for additional money legislation With urgent.μx i£ 4+k Press, per SC Gold Bar Cə.

FAMOUS PAINTER ¦

PASSES.

· REMBRANDT"

STOLEN

Biggest Theft In Sweden.

KR. 600,000 MASTERPIECE INCLUDED IN HAUL

Stockholm, To-day. Rembrandt's famous' mas- terpiece "Jeremiah Mourning over the Destruction of Jeru salem." figures in the biggest theft ever committed in Swe- den

The owner. a well-known art collector, refused an offer of Kroner 600,000 when it formed part of the collection of Dutch masterpieces at the Royal Academy exhibition, in 1929. Reuter.

SILVER PRICES RISE AGAIN.

Heavy Trading In

New York.

WALL ST. STOCKS WEAK

New York, To-day. Sir David Murray.

The New York silver markel opened firm, yesterday, aided by London, To-day.

continued strength at Shanghai The death occurred yesterday of Sir David Murray, aged 84, the Ro- and talk of remonetisation. The ad-

leas Service.

ters in Water Colours in 1917, holding this position up to the time of bic death. He was knighted in 1918.

!

very sharply.

CRUISERS TO BE BIGGER

TO AVOID

NO

INFERIORITY

IN TONNAGE

REPLY TO JAPAN AND U.S.

INCREASED EXPENDITURE

INVOLVED

London, To-day. The First Lord of the Admiralty, Sir Bolton Eyres Monsell, yesterday announced that the

Sir Bolton Eyres Mänell

1933 PROGRAMME

BRITISH

CAPITAL IN

FAR EAST

£63,000,000 In Japan; £40,000,000 In China.

EXCLUSIVE OF HOLDINGS OF RESIDENTS

London, To-day, Asked in the House of Com- mons, yesterday for an estimate) of the amounts of British capi tal invested in Japan and China

Board

FRENCH FOREIGN POLICY APPROVED BY CHAMBER

Sarrant Government Gains Second Vote Of Confidence

Paris, To-day.

At the conclusion of the French foreign policy debate, last night, The Chamber of Deputies passed a vote of confidence in the Bar- raut Government, by 398 votes to 194.

This is the second vole of con...... fidence in the Government to be passed since its formation on October 28.-Reuter.

DETERMINED

ON GOLD PLAN

respectively, the President of the ROOSEVELT

Waller of Trade, Mr. Runciman. quoted an article written by Sir Robert Kinder- aley in the "Economic Journal," Hast June, estimating that

capital was invested in Japan and £40,000,000 in China.

Government had, with DUKE OF ATHOLL £3,000,000 of British nominal

much regret, decided to revise the 1933 Naval programme.

He recalled that the 1933 programme had in- cluded one of the Lean- der class cruisers of 7,250 tons, and three of the Arethusa class of 5,400 tons each, armed with eight and six inch guns, respectively.

IN COURT

Lottery Charge. MAGISTRATE'S DECISION

RESERVED

London, Ta-day.

The Chlef Magistrate at Bow Street Police Count, yes. terday reserved his decision in the case in which the Duke of Atholl is summoned with well- ing tickets in a fotieży,{"

The counsel for the defence de- The policy of building cruisers elded not to call evidence on the of comparatively small tonnage ground that there was a case to had been adopted in the hope Khawas - The imagistrate ikagreed. that other nations would follow-Reuter. Britain's lead, Also, in July. |1982, the United Kingdom dele- gation at Geneva put forward proposals for the reduction of future cruisers to 7,000 tons

NEW POST FOR VON PAPEN.

Of this total of £103,000,- 000, it is believed that £83,000,000 in invested in Government and municipal securities.

Added to the above figures are the holdings of Britishers per- manently resident abroad. This omission is most important in the

Beuter. case of China.

No Trade Agreement Yet With China.

London, To-day.

Accord With Treasury

Experts.

DOLLAR AT LOWEST LEVEL FOR 68 YEARS

ALVIS SAVES

``MALAYA FROM

COLLAPSE

Scores 90 Out Of Total Of 186.

SHANGHAI DISMIES FIRST

FIVE FOR

R. N. Hamilton again proved suc cessful with the spin of the coin when he beat Donald Lösch⋅ and gave Malaya first use of the wicket in the final Interport Cricket match of the Triangular Series.

In the two games played |Malaya have' beaten Hong Kong and the Colony have defeated

Shanghal. If Shanghai win the [present match a triple tie will

ensue.

Burn and Gibson again open ed the Malaya innings and the Shanglial attack was' entrusted to Sam Ienace, from the Supreme Court end, and "Torrie" Wilson. In his first over: Isaacs was hit for a single to leg by Burn. Wilson had his third ball sent Re through the covers to the boun

after he had dary by Burn cleanly beaten him with the pre- vious ball.

SPECIAL TO CHINA MAIL, (Dy Telegraph. Copyright. Telegra phic Messages Ordinance, 1894. ecived November 15, 12.30 p.m.)

Washington. To-day. Although the American dollar's value is at its lowest in 68 years, the continued trend of the gold price is interpreted as an indication that President Roosevelt is determined to carry out his programme.

1

When Burn got him away to the leg again lanaca brought another [fleider. across," making, three, all of

whom were fairly close IB.

Burn Bats Well.

Burn opened with complete.com-

Observers see complete accord fence, batting beautifully and hit- between the President and the ting the ball hard in the middle_of In the House of Common conservative treasury officiale the bat. Gibson was watching the yesterday, the President of the whereas, previously, some of bowling very carefully and playing Board of Trade, Mr. Walter the Treasury experts feared himself in well Runciman, told the Conservative that the depreciation would en- member for Kirkdale, Liverpool danger financial recovery. Mr. R. Rankin, that it is at pre-

with a maximum gun calibre of Reich Commissioner For sent impossible to undertake

[6.1 in the hope that this would

be generally accepted.

Unfortunately, neither of there hopes had been realised,

The Sarre.

Berlin, To-day.

negotiations for the conclusion {of a general trade agreement with China.

The Hitler Cabinet yesterday Mr. Runciman declared that he

The Treasury · "Conserva- tives" now profess completa satisfaction with the Govern ment credit, despite the sharp break In Federal bonds.

The first 15 minutes produes ed only 10 runs and it was in Wilson's third over that Gib- son was snapped up behind the wicket, 10-1-0.

Eu Chow Teik played the remain- ing the three balls of the over and

They ascribe the break to an ab-broke his "duck" in Issaca' next over

in 1931, he said, Japan laid down appointed Vice-Chancellor Von was watching the situation," and sence of buyers rather than to in-with a single to cover. two cruisers of 8,500 tons reputed Papen as Reich Commissioner for that every possible opportunity creased selling pressure-United to mount 15 Kix-inch guns. It the Sarre.

He will deal with all would be taken to assist British Press, per S. C. Gold Bar Co. was learned that she was now lay-questions connected with that re-trade in China. -- Reuter,

lag down two more of the same gion.-Beuter. dimensiona and that the construc.

tion of yet another two, making six

in all, was projected.

The United States also had already announced her inter- tion of buliding four cruisers of 10,000 tons with 15 six-inch

Kuna.

British

pros

If, therefore, the gramme already approved were to

Fowers.

inferior

حبس

NORWAY'S TRIBUTE TO SIR F. MAZE.

Presented With Order Of St. Olav.

Shanghai, To-day.

The order of St. Olav has been

to

Leme.

The result

BRITISH REVENUE

STILL RISING.

Expenditure Down By Nearly £30,000,000.

London, To-day. Latest Treasury returns show

WALL STREET EXPECTS HIGHER PRICES

Burn Loses Wickel.

A second disaster befell Malaya when Burn did not quite get höld of one of Isaacs' swingers in the same over and was easily caught by Simpson at mid on. 12-2-10.

Burn, as in all his former innings

SPECIAL TO CHINA MAIL.. (By Telegraph, Copyright, Telegra- nhíc Metrages Ordinanon, 1801. Re-in the Colony, opened most con- ceived November 15, 11.30 p.m.}

New York, To-day.

LOCAL DOLLAR RECOVERS.

be-

coni-

Wall Street observers still lieve that President Roosevelt's vance attracted profit-taking and yal Academician and well-known

gold programme will canse · steady landscape pointer-British Wire-support was feeble, prices receding

Periodic adjust be carried out, the new cruiser conferred on Sir Frederick Maze, that the ordinary revenue for the dollar depreciation and that it will}

eventually raise stock and The late Su David Murray was bornments of the technical position may would be definitely

vember 11 amounted to £348,999,-8. C. Gold Bar Co

modity prices-United Press, per and educated in Glasgow, only become expected, according to market those being developed by other inspector-General of Chinese Cus current financial year up to No- ing a painter after 1 yeara of com- observers.

The presentation was made in 774. At the corresponding date mercial life. Be was elected Pre The December price range on the As was known, Britain's total

ident of the Royal Institute of Pain-

Exchange yesterday, cruiser tonnage was limited by the Mr. Aall, the Norweigan Charge $334,497,286.

the Shanghai Club yesterday by of last year the amount stood at Commodity was from 44.80 cents per ounce to London Naval Treaty. 44.85 cents as compared with 44.00 was, that they had been placed on 'Affaires, who mentioned that Ordinary expenditure to date second to Britain for the current year totalled to 44.05 cents on Monday. The May the horns of a very acrious dilem-Norway was

amongst the non-Eastern nations £457,179,695, as compared with price advanced 70 cents to close at

£486,280,198 up to the correspond- 46 cents.

If they proceeded with the ori-trading with China-Reuter.

ing date, last your-British Wire- Business showed a sharp Increase,

ginal programme of cruisers, all 719 contracts of 25,000 ounces being the cruisers they would be building

less Service.. Sir M. M. Bhownagree. transacted.

General stocks again demonstrat- would be definitely inferior to cer- London, To-day. ed weakness, industrials and raila tain of the cruisers which were Merwanjee declining 48 and 660 to 95.50 and being built by other Powera.

NOTABLE PARSEE DEAD.

Sir Mancherjee Bhownagree, K.C.L.E., who was the 38.29 respectively, while utilitics and Recond Indian to become a member bonda were down 55 and 28 to 23.06 Business of the House of Commons, where he and 80.16 respectively. represented Bethnal Green as was good, .2,170,000 shares being Conservative for many years, died traded.--Reuter. yesterday, aged 82.-British Wire-

less Service.

Kon

•

Sir Mancharjee Bhownagree, who] was created KC.L.F. in 1897, was the

of a distinguished Parsee mor wian stock, coming ofcated

He was educated, at Elphinstone College and subsequently Lecame Fellow of Bombay Univer sity.

He set ne Conservative Member for North-East Bethnal Green from 1805 to 1906, He was known as a philanthropist, a writer and a worker for the social uplifting of the, women| of India.

EXCHANGE LIMIT AT 5.25. Britain Will Stop Dollar Falling Further.

New York. To-day.

It is reported that Great

Britain has decided to com* bat any dollar rate: above

5.25.

1:34.

If on the other hand they were to build any craisers comparable with those vessels they must reduce the number from four to three.

NANKING WANTS HR, HU HAN-MIN

Nanking, To-day. BAILLIE STEWART

CONFESSES

Admits Guilt After Conviction.

The local "Mip-tsuh" " News Agency states that its representa- tive has interviewed Mr. Wang) Ching-wel, who said that many members of the Kuomintang Cen- The frut alternative could not be tral Executive Council hope that

London, To-day: accepted, and accordingly, after Mr Hu Han-min, who resigned his most anxious consideration and with post as President of the Legials»

Replying to a question, in the much regret, they proposed to re- Live Yuan In 1981; will come to vise the 1988 programme so as to Nanking to join the Government, House of Commons, yesterday, include two cruisers of a new type but whether such wish would urging an enquiry into the con- of about 9,000 tons, with increased materialise would depend upon Mr.viction of Lieutenant Baillie armaments, and one cruiser of the Ho Han-min himself Reuter, Arethusa type of about 5,200 tons.

Stewart, of the Seaforth High- landers, with a view toʻsafablish- ing his innocence, the Financial Secretary to the War Office, Mr. A. Duft. Cooper, announced that

This alteration, the First Lord contemplated. pointed out, would not Involve any Nevertheless, it would be increase in the cost of the 1983 pro- continued policy of the Brian Lieut. Baillie Stewart had made gramma indeed, some small, reduc- Government to endeavour, by com, a full confession of his guilt soon tion in its cost was expected to re- mon agreement, both to restrict the after his conviction, to je The ro-action in the dollar-ult number of vessels of larger size as sterling exchange rate yesterday. He added that the United States much, ne pousible and also to reduce Lt. Baillie Stewart was sentenc Fine, with moderate north-easter-afternoon is attributed to the and Japan, under the terms of the the maximum size of cruisers" ly winds, in the forecast lasted to: Intervention of the British London Naval Treaty, were fully day by the Royal Observatory. equalisation fund. Reuter,illed to build ships of the sise they Wireless

WEATHER REPORT

be ed to a long term of Imprisonment

n the falure--British on charges under the Omcia)

Secrets Act, on April 18-Bauter.

Silver Prices Decline.

vincingly 'and then lost his wicket through trying to score too quickly. Hamilton Missed and Caught.

Hamilton had hardly settled down before he åttempted a big hit off Isaacs and the bowler just got his fingers to It for Simpson to bring off his second catch with a good effort, just reaching the ball before it fell to the ground, 23-4-3.8

(Continued on. Page 4.3

Scores:

Malaya-1st innings.

The dollar has risen, opening D. C. Burn, e Simpson, b Isaacs 10 to-day at 1/5..

Prices of both spot and forward silver declined 1/16 yesterday, spot

closing at 18 9/16 and forward at. 18 11/16

The cross rate, London on New York, is £615.27%, while New York on London. in £-G$5.27,

STOP PRESS

SHANGHAI BATTING,

Shangha! 25 for no wicket (Stokes 13, Mayhew-8.)

Chow Telk, b Wilson

G. Gibson, c. Mayhew, b.

Eu

Wilson

0

8

3

00

.5

R. N. Hamilton, c Simpson,

Tasca

Alvis, b IsaaCH....

B. S. Gill, b' Isaacs, ---

V. Groome, e Madar, b Isunen 19 W. O. Jonklass, 1.b.w., 'b Lench ́ ́

G. Willis,`st. Mayhew, -b P.

Madar...

R. Morgan, b Isaacs

C. A. Speldewinde, not out"

Extras (B11 LK6):

Total

17

186

Fall of the wicketa, pog 1-2-8486769 10%

10 12 28 29 30 200 115 167-180 188

Wilson

Leach

Booth

Bowling Analysis, -

P. Madar

Jenkins

26.1 61576

12 2 36 2