1933-11-17 — Page 1

China Mail 德臣西報 中國郵報 All

The

new

BEDFORD

TRUCK

THE

The dollar, on demand.

to-day at 1/4 7-8.

FINAL EDITION

Cour

China Mail

Est. 1845.

Est. 1848.

HONG KONG HOTEL

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,576

HONG KONG, FRIDAY, NOVEMBER 17, 1933.

PRICE $3.00 Per Month.

GARAGE.

BERNARDS OF HARWICH:

FOR:

CONSULATE SHIRTS & PYJAMAS : "LILLEY & SKINNER FOOTWEAR :

ROLLS RAZORS: WOLSEYS ** KNITWEAR : MACCLESFIELD SILK. NECKTIES: MOORES FELT HATS.

CHATER ROAD,

HONG KONG

U. S. DOLLAR DROPS TO RECORD LOW OF 5.52-STEADIES TO 5.26

Dorothy Round WIMBLEDON

STARS ARRIVE

IN HONG KONG Dorothy Round And

Mary Heeley.

TO PLAY IN EXHIBITION TO-DAY

AT H. K. C. C,

Dorothy Round and Mary Heeley, two of Britain's foremost lady ten- mis players, arrived in the Colony early this morning by the Comorin.

Arrangements have been made to stage an exhibition mixed dou-! bles match at the Hong Kong Cricket Club at 4 p.m.. as the In-

FLIGHT OF CAPITAL

GOVERNMENT

PROHIBITION

OF EXPORTS?

RESERVE BANK SELL STERLING.

INFLATIONISTS JUBILANT

New York, To-day. The United States

WEALTHY AMERICAN YOUTH

BEATEN TO DEATH

Kidnapper Suspect Confesses To Ghastly Crime

of a

San Jose, California, To-day. It was revealed yesterday that Brooke Hart, Junior, son wealthy merchant, who was cently kidnapped, has dered by his captors.

70.

been mur.

Two suspects have been arrest. ed, one of whom is alleged to have confessed that Hart was beaten to death and his body thrown into San Francisco Bay.-Reuter.

66

ROOSEVELT

ATTACKED

FINANCIAL

EXPERIMENT

WILL FAIL

BITTER CRITICISM OF MORGENTHAU.

"AN AFFRONT TO FINANCIAL SOLVENCY OF U. S."

New York, To-day.

The financial editor on

dollar yesterday US. RECOGNITION the New York "Evening

strengthened from 5.52

OF SOVIET Agreement Reached.

to 5.26 as a result of the rumours that the Gov. ernment is about to take steps to end the flight of capital from the United States.

Foreign exchange rised November 37, 10.30 a.m.) dealers expect formal notification to-day, pro- hibiting further export| of capital.

LONG-TERM CREDITS FOR TRADE

It is also rumoured that the Reserve Bank is heavily selling sterling terport Cricket match between Ma- and buying dollars. laya and Shanghai is expected to Reuter. finish before 3 p.m.

г

Sirdar Runjahn Lenfor- INFLATION CURE

SPECIAL TO CHINA MAIL. (My Telegraph. Copyright. Telegre- kir Mirunages Ordinance, 1894. R.

were

Washington, To-day. President Roosevelt and M. Maxim Litvinaf working yesterday on draft agreement governing the recognition of the So vict, which was probably completed last night, or will beto-day withn_recognl- tion announcement to-night. Messrs. William Bullit and Morgenthau, Acting Secretary of the Treasury, con- ferred with President Roosevelt, discussing plans for expanding Russo-American trade through long-term

Henry har

tunately declined the LT.A. in vitation to play. and M. W. Lo.j

FAVOURED

of the C.R.C.. former Colony Morgenthau Supports

Champion, and Teddy Fincher,

the K.C.C. holder, have been selected.

It IN understood that M. W. Lo will partner Miss Round against Fincher and Miss Heeley.

Owing to the exhibition the match

and M. W. Lo and Mrs. Erid Lo

Silver Scheme.

SPECIAL TO CHINA NAIL.

ll Telegraph, Copyright. Telepru

credits. United

Press. per S. C. Gold Bar Co.

phie Messages Ordinance, 1884. Re-LIBERALS JOIN

ested Vareinber 17. 10.10 a.m.)

Washington. To-day.

The inflationists are jubilant over between Flocher and Miss O. Dalziel Mr. Henry Morgenthau's appoint Latton in the Semi-Final Round of ment as Acting Secretary of the the Colony Mixed Doubles Cham- United States Treasury. pionship, scheduled for thin after- noon, has been postponed.

+ Continued an Page #),

+

OXFORD RUGBY TRIUMPH.

Trinity College Dublin

Beaten 13-0.

London, To-day.

Mr. Morgenthau openly favours

OPPOSITION

IN COMMONS

Samuelites Criticise Government.

The King of Sweden obligingly signs autographs for the court Post" asserts that the boys after a game with Jean Borotra in Paris. (8. & G.), danger of "printing

press" money faces the BRITAIN'S LOSS OF QUICK DENIAL

public. He NAVAL POWER states that the retire-

American

tirement is insignificant. 55,400 Fewer Sailors

Than In 1914. "He has flown the flag of sound money, but resigns with rotow RIG INCREASE IN U.S. AND JAPAN ing" to the whims and fancies of the monetary illiterates he adds."

"Mr. Dean Acheson's valiant battle has been emasculated by the Roosevelt Administration Morgenthau is a man without His training or preparations.. jappointment is an affront to the Anancial solvency of the United States.

-

"We are committed to a

Anancial experimente dich logic and all history indi cates will end in failure,” héj declares. - Beuter.

ROOSEVELT LOSES LEGAL POINT. Usurped Powers Of Treasurer.

GOLD HOARDING CASE.

A

London, To-day,

Asked what were approxi- mately the decreases or in- creases in the personnel of the naval forces of Great Britain. the United States and Japan respectively at present time. as compared with 1914, the First Lord of the Admiralty, Sir Bolton Eyres Monsell, in the House of Commons yesterday, said that, in round figures:

The United States had an in- crease of 39.700.

Japan had an estimated in- crease of 40,000.

Great Britain had a decrease of 55,400,--British Wireless Service.

NEW RECORD-FOR MOTOR-BOATS Single-Engined Craft Reaches 102 M.P.H.

SCOTT PAINE'S FAST RUN

New York, To-day. The first test case in con nection with President Roose- velt's decres against gold hoarding, has been decided against the President on technical point. While

charge upholding the against Mr. Frederick Barber Camp- bell, the New York lawyer for fail-] * ing to report US $200,000 in gold, jheld for him by the Chase National The Liberal Party, led by Sir Bank, New York, the Federal Judge Herbert Samuel, to-day decided by ruled that the President had usurp ed the powera delegated to the

controlled inflation and the reduc- LORD READING UNLIKELY TO ing of the gold content of the dollar.

of

currency

is

He believes that the increasing}

in circulation more likely to help to end the depression than all the other mea

surea,

He opposes 16 to coinage, but favours the limited use of silver to help gold back to currency.

He has pledged his active sup

CHANGE

London, Nov. 16.

a large majority to go into opposi- Secretary of the Treasury in an tion from the opening of the new Act of Congress on March 9.--Beu- session of Parliament on November ter.

21.

The major reason for this deci

meeting lasting seventy-five minutes,

LOCAL DOLLAR UNCHANGED. Silver Prices Decline.

London, To-day.

In the Southampton water yesterday Hubert Paine established

WAS

Scott new

|

CREW OF 27 MISSING

SAXILBY

DISASTER IN

ATLANTIC

Search Abandoned In Gale.

BRITISH SHIP WRECKED

London, To-day. Little hope remains that any of the crew of the British steamship, "Saxilby," which on Wednesday, sent out dis- tress calls wher 400 miles off Valentia, Ireland, can have survived

BY GERMANY OF

PARIS REPORT The Cunard liner,

Document An Obvious Fabrication.

“TO POISON INTERNATIONAL ATMOSPHERE”

t

"Berengaria," the Bri-- tish freighter, "Manches- ter Regiment," and the steamship," D uteh "Boschdijk," which went to her help as fast as the fierce Atlantic gale The alleged confidential docu would permit, found no ment, sent to German agents abroad

trace either of the boats by the Central Propaganda Bureau or of wreckage.

Berlin, To-day

of Berlin bir cins on consent to After scouring large area they educate public opinion towards a abandoned the search, being con favourable attitude towards Ger vinced that no small boat could, many's claims, which was publish- possibly have lived in such moun ed in a Paris newspaper, yesterday, tainous seas.--British Wireless See- is officially declared to be an "ob

The "Saxilby."' which waɛ bound for Port Talbot with vious fabrication."

cargo of iron ore, from New- foundland, is a vessel of 8,630 tons, and carries a crew of 27.

"It was published in order to poison the international the political atmosphere," Government spokesman as- serted. Reuter.

-

(Continued on Page 9).

vice.

R

She sent out a ̈wireless message requesting Immediate assistance. on Wednesday, and a later message stated that the crew were trying to launch the boats, Early. In the

GERMAN-POLISH afternoon, a brief memange stated

AGREEMENT

Keen Satisfaction Felt. In France.

Paris, To-day. Official circles here express keen satisfaction at the German-Pollsh agreement as removing, the obstacles to eventual direct Franco German conversations and tending to a general de tente.

world's record for the fast- test speed on salt water for a single-engined motor-boat. Driving Miss Britain III he reached an average speed of The 100:182 miles per hour.

The same circles, however, de- fastest of his runs was 102.105 Oxford University beat Trinity port of President Roosevelt's jsion, which was arrived at after a

m.p.h., which College (Dublin) by 13 points to programme.

achieved cline to comment "Petit Pari- sien's disclosures in which it is against both tide and wind.. nil in their home Rugby match yes- Although Mr. Morgenthau has is dissatisfaction with the course of

The previous racord, set up by stated that Germany has adopt terday.

refused to discuss his monetary events in regard to Disarmament,

Scott Paine himself last Septemed a conciliatory attitude towards Oxford will meet Cambridge in plans, it is understood that he in which the Cabinet is alleged by the annual Varsity match at Twic and Mr. Warren plan to push the Liberals to have displayed a lack

The dollar is unchanged, opening ber, was 95.08 m.p.b. British Poland momentarily but has in

Wireless Bervice.

no way abandoned her claims.. kenhan on Tuesday, December 12 gold buying. - United

Press of real and the negotiatori a lack to-day at 1/4

The French press describes the per S. C. Gold Bar Co.

Silver prices declined yesterday

of Germany's aims and Lord Reading leads the Liberals spot falling 8/18, to 185/16, while bid for the Harmsworth Trophy in disclosures as a damning expo-

Miss BritainTM III two months ago, sure

Reuuter. NEW FARM CREDIT OFFICIAL

forward lost 4, closing at 184. in the House of Lords but it int

The cross rate, London on New but his boat was hopelessly but methods. thought unlikely that he will join york, is 2-066.62 and New York on classed by Commodore Gar Wood's Washington, Tó-day.

Sir Herbert Samael's move.-Reu-London is 2-G35.82,"

much more powerful Miss America Mr. William Myers, Professor of

Univer Jaity, has been appointed to succeed Mr. Henry Morgenthau, Junior, as Deputy-Governor of the farm. Credit Administration.Reuter.

-Reuter.

TRAFFIC VICTIMS

IN BRITAIN.

Provision For Payment Farm Finance at Cornell

To Hospitals. ̈

London, To-day.

The House of Commons peuter-

|

of skill

ter.

and Myron Taylor, who later, de- clined to comment to the Press:

day signified agreement with the DEMORALISED U.S.Details of the meeting, are not yet

House of Lords in amending the Road Traffic Act to make provision payments to hospitals for

for

treatment of persons injured in motor accidents-British Wireless Service.

WEATHER FORECAST

Fide, with "fresh

EXCHANGES.

President Consults Leading Bankers.

known...

Scott Paine made an unsuccessful

Japanese Ship Founders:

Crew of 30 Feared Lost

Tokyo, Today.

CHINESE FOREIGN

POLICY.

Japanese Attache's

Criticism.

NANKING PROTEST.

Nanking

The freighter Selten Harn is Reports from Grambi radio sta With the wild fluctuations

feared to have founded in a storm |tion state that two motor: luupches in the Dollar the foreign ex-

aff Loochoo, together with thirty are standing by the distressed.

The Foreign Ofiica là. chars market' was demoralis-

of her crew.

steamer, having being rushed to ed yesterday afternoon.

One survivor and one corpaa have the scene from Kamsachims, yes to have verbally protes

Lha recent statement Bome dealers report that they been recovered by the Mizuho torday rening, d

The "Seitan Mara" which does Panese military att have been unofcially - informed Mary,Ranter,

China's policy towards Ball:"Bevnial' ships; It is understood, not call in at Hong Kong, was built stress (pall at Osaka; for the Origina Kaleho

New York, To-day President Roosevelt conferred from for more then half an--hour-last north-easterly night with Mesars J; P, Morga (Continued at foot of neat Columa,

winds, is the forecast Issued by the Royal Observatory to-day."-

The Japanese attache is Kabushiki Kaisha, in 1919, with saying that Formerly named the "Aizawa Maru", been partitio

has a gross tonnage of 1,244.it were not

the ship had been abandoned.

Another British vessel, the "St. Quentin," was also in difficulty in. She was report- the violent gale, ed by her owners to have sustain- ed damage to her steering gear, 300' miles west of Valentia, while on her way to Montreal with a cargo of anthracite, She was then waiting for the weather to moderate before repairs could, be effected, and was reported to be in no danger..

MAINTAINING UNITY OF CHINA Nanking Leaders On Need For Peace. DISAFFECTED MUST BE PLACATED IF POSSIBLE.

Shanghai, To-day. The fact that the Nanking Government is still inspiréd with the desire of maintaining

the unity of Ching through

peaceful means and construction is revealed in official statements made by the 'Nanking leaders.

Dr. H. H. Kung the Finance Minister, said that if there was any truth in the reported seces sionist movement in Fuldam the Central Government would try to employ every workable mERNA to placata. those who were bent on rebellion

wel, Prost

of the Execu sing his reply, to the

|eral Chamber of lted nothing – was ruợi I ́hays China * than unificat wers if i terna) (Deace:"atỷ

P) (Continued on.

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