1933-11-30 — Page 1

BEDFORD

MADE IN

ENGLAND

THE HONG KONG HOTEL

GARAGE.

The Hong Kong & Shanghai Hotels, Ltd., incorporated in Hong Kong. stubbs Road.

The British →

TRUCK

Happy Valley.

Economical 27-hp. 6-cylinder engine

reducing vibra

tlob reducing

engine-wear, redue- time-off-the- road, reducing ex- penses.

The dollar, on demand, close

to-day at 1/4 3-4.

FINAL EDITION

Libr

China Mail

B. 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Mat. 1845..

No. 28,587 HONG KONG, THURSDAY, NOVEMBER 30, 1933. PRICE $3.00 Per Month,

reme Court

GENTLEMEN'S HIGH GRADE

OUTFITTING

AT

HOME PRICES

BERNARDS OF HARWICH

CHATER ROAD,

HONG KONG.

JAPAN'S TRADE COMPETITION THREATENS WORLD ECONOMIC CRISIS

SILVER PLAN

STUDIED BY

ROOSEVELT

"BUT NO RECENT DEVELOPMENT.”

[NO CHANGE CONTEMPLATED IN

U.S. MONETARY POLICY

"Administration In Seeking

A Definite Policy"

SPECIAL TO CHINA 'MAIL. (Bu Telegraph. Copyright. Telcara-

DOLLAR REVALUATION SCHEME »nkie Messages Ordinoner. 1884. Re-

PERSISTS

Warm Springs, To-day. Mr. Eugene Black, Chairman' di dhe Federal Reserve Board, arrived here yesterday to report to Presi- dent Roosevelt on the Board's ne- tivities.

He stated that he had "not the slightest idea of resigning."--Reu- ter.

No annoteomeni followed tha moeling here yesterday between Mr. Black, and President Roosevelt, but President Roosevelt is represented as being unmoved and anconcerned at the criticism of his gold plati.

He explained that the daily mane. tary moves will not be announced, but warned that የክር conclusions should be drawn from that decision.

ile emphasised that dollar reva- luation in terms of the domestic price-level, is still the goal.

He stated that silver has been under study for some Lime, but there was no recent development-Reuter.

SILVER ADVOCACY SPREADS. WESTERN GOVERNORS WANT REMONETISATION

SPECIAL TO CHINA MAIL. Hp Tetrample Copyright. Telegra jke Me wage- tien nauce. INDA. H.

ed but mchen 20, 1802 4,4}

C

A

(reived November 30, 10,05 am)

Warm Springs, Today.

AROUSING BRITAIN'S

ENMITY

UNANIMOUS VIEWS IN HOUSE OF COMMONS

President Roosevelt's spokesmen PROPOSAL FOR DENUNCIATION OF

the

Yesterday emphasised that United States Administration is seeking a definite objective.

He warned crities that the Treasury' operations, including the fallore to change the gold price for n for days, did not justify the reports that the Gov. ernment

contemplating change in its monetary policy. United Prose, THT 8.C. Gold Ba

Ca

war

C

US. STOCKS MAY

ADVANCE

Sensational Rise Predicted.

IF BUSINESS IMPROVEMENT 15 MAINTAINED

SPECIAL TO CHINA MAIL..

(By Telegraph, Copyright. Telagra pkie Messages Ordinance, 1684. reived November 18, 7.54 a.m.)

ANGLO-JAPANESE TREATY

LONDON, TO-DAY V

THAT JAPAN'S TRADE COMPETITION WAS THREAT- ENING AN ECONOMIC CRISIS AND THAT BRITAIN WAS TRYING TO IMPRESS ON JAPAN THAT IT WOULD BE BET TER TO LIVE ON A FRIENDLY FOOTING WITH BRITAIN THAN TO AROUSE A FEELING ON ENMITY WERE OUT- STATEMENTS BY MR. WALTER RUNCIMAN STANDING WHEN SPEAKING FOR THE GOVERNMENT IN YESTER DAY'S DEBATE IN THE HOUSE OF COMMONS. UNANIMITY OF OPINION WAS EXPRESSED, MEMBERS SUPPORTING

CANCASHIRE REPRESENTATIONS THAT THE ANGLO- JAPANESE TRADE TREATY SHOULD BE DENOUNCED,

Drawing attention to Japanese competition. Captain A. E. G.

Fuller. Conservative Member for Ardwick. Manchester yesterday moved a resolution in the House of Commons urging the Govern ment to state their intention, in the event of satisfactory"quoja arrangements not being made with Japan, to immediately take steps to minimise the competition of Japanese Imports in Home and Empire markets, if necessary freeing themselves from en- gagements hampering effective action.

Captain Fuller complained that the Government's action, fart was not vigorous enough in view of the intensifying of the Japanese com- pelition. He refered to India's commendable liveliness in dealing with the problem.

New York, Today, Economists here predict that... commodities, and stocks will ad vance sensationally the bus jne

upturn is sustained for an

futher week.

ro-

CAPTAIN FULLER'S MOTION WAS AGREED. OUT DIVIDING. AFTER THE SPEECH BY ME, KENGIWAN.

Fuller held that the CORDON OF TARIFFS AROUND

COLONIAL EMPIRE

"IF JAPAN DISREGARDS BRITAIN'S WARNING"

Captain

themselves recognised | Japanzee the British claims and contention. "Barrons Weekly" declares that the United States domestic business

"We are competing with unfair news in spotty. The journal

Japanese trading conditions,” he] Boise, Idaho, To-day.

ports moderate gains in steel e-mail. We could not accept Japan's

that any

London, Later. agreement conference of the Gov-tivity but very few orders of much stipulation

should be limited w Great Britain, The London “Morning Post" in PURGAS O The western States, a re. size.

declares that solution

Palestine. Ceylon, East Africa and to-day's editorial

Straits Settlements as the neither the employers nor the work- basis of full discussion of the ers in Lancashire have done their utmost to help themselves out of question,

the common difficulties. Major H. A. Proctor, Conserva-

"If Mr. Runciman's warning to Live member for Accrington, in

Japan falls on deaf ears, the Bri- seconding the proposal suggested tish Government must be

£1 Government appoint

with active measures for defence. Director of Cotton and also, ad hoc beginning with a cordon of tariffa a. committee of experts to hammer around the Colonial Empire," the out means of enabling the indus-

newspaper states-Renter.

yesterday passed Brookmire Investment Services, urring President Roosevelt to re- a semi-monthly market forecast, as- monetize silver. United Press, per verts that business upturna at aro SC Gold Bar Co.

hand. It states that heavy indus- try prospects. are better.

ithe

The journal estimates the

CROWN COLONIES business index for November

AND BRITAIN

A Customs Union "Impracticable."

"TARIFFS CANNOT BE ABOLISHED"

London. To-day. In the House of Commons. yesterday, Vice-Admiral E. A. Taylor, Conservative Member for Paddington, orged a Customs Union ba. tween Great Britain and the Crown Colonies.

T

at 51 per cent of normal as compared with 40 per cent. In March and 53.9 per cent, in October,

that the

"We believe the re-action may be try to Re-organise. considered over and renewed ex- pansion at hand,

The conditions

of excessive production prevailing in July, when the index was 60,6 per cent are generally being cor- ¡rected. This curtailment will per

mit the absorption of accumulated |stocks,” it adds.

"Despite Christman, it is evident that the monetary programase is no for successful. If the President's monetary programme is followed) and wild inflationary schemes Rvoided, we feel safe in predicting

They might evolve a scheme enabling Lancashire to utilise Indian rural cotton, he Bug- gested, thus eliminating Japan's moral claim to share the Indian market, and remov. Ing the greatest bargaining weapon Japan possessed in the negotiations.

British soldiers armed with staves, quell a mob of Jaffa rioters while Palestine Police oficer arrests and searches Musta Hazim Pascha, one of the fenders of the revolt. Twenty persons were killed and over 100 wounded in the disturbances which swept through, the Holy Land last month (cllowing Arab protesis against Jewish immigration. (8. & G., by Air Mail),

FIRE ON LUXURY |BRITISH

LINER

£100,000 Damage To German Motor-Ship.

BLAZE NOW UNDER CONTROL

Rotterdam, To-day.

A serious fire broke out on the Rotterdamsche-Lloyd tar-liner-“Indrapoera” yester

150-

POLICY AT

FOOCHOW

Naval And Consular Officials In Touch.

4

ASSURANCE IN COMMONS

Security Of British Loans in China

BRITISH AIR SERVICE TO

HONG KONG

"Now Under Active Consideration."

R.A.F. STATUS IN FAR EAST UNCHANGED

London, To-day. Replying in the House of Commons, yesterday. to Cap- tain H. Balfour, Conservative Member for the Isle of Thanet. the Under-Secretary for Air. Sir Philip Sassoon, said that he did not propose, at present, to raise the status of the Royal Air Force command in the Far East.

He added that the expen-

ment of supplying a certain air force squadron only with pe trol produced from British coal, had been, so far, gener- ally satisfactory.

Replying to Captain C. C. Erskine Bolst, Conservative member for Blackpool, Sir Philip Sassoon said that the possibility of extending the British air route to the Far East as far as Hong Kong was under active condideration. Reuter.

AIR MAIL BETWEE

Starting in the-söðlal ball, the The security of Bat EG BRITAIN AND CHINA gers', Captain's and officers' accom Chinese Customs was the subject of blaze quickly gutted the passen-pending on

from the

revenue

jodation before the crew, working)

feverishly with the help of are a question, by Mr. Hamilton Ken. brigades from the shore, were able Conservative Member for Oldham, |1o get the fire under control. in the House of Commons, yester

The damage done is estimated at day. £100,000.--Reuter.

TOKYO ASSASSINS

20 Civilian Plotters Implicated.

ready STIFF SENTENCES DEMANDED

them to stand together in a great economic causa. Therefore, Britain was trying to impress on Japan that it would be better to live on a friendly footing with Britain than to carry her action so far as to arouse feelings of enmity.

-7

Mr. Runciman, concluding, said The debate manifested & unani-

that he hoped that Britain would mity of opinion.

solve these problems by intelligence Mr. S. S. Hammersley, who was and ingenuity-Reuter. a member of the Lancashire cotton deputation to India, thought that

The Secretary for the Colonies, that the worst is over," the journal Japan's present industrial policy and Sir Philip Cunliffe Lister replied asserts-United Press, per 8. C. that the establishment of identi- Gold Bar Co.

cal Customs rates in Great Bri- tain and the Colonies would be

quite impracticable.

Vice Admiral Taylor urged that the British manufactures

the economic security of the British Empire were incompatible.

"DISHONESTY IN TRADING."

1

He expressed an opinion that the Mr. Runciman On False COTTON ACREAGE |Anglo-Japanese treaty would re-

Trade Marks. quire to be denounced somer

REDUCTION.

should enter the Crown Colonies Ample Compensation For more or less formal conditions and

without tariffs.

Sir Philip Cunliffe Lister re- called the existence of the British preference, and remarked that if tariffs

abolished. evory Colony would become a charge on

were

the Exchequer, Reuter.

U.S. Farmers.

RENT ON UNPRODUCTIVE

there

Manchester. Delegation To Air Ministry.

London, To-day. The China Committee of the The Foreign Secretary, Sir Manchester Chamber of Commerce John Simon in a lengthy reply, yesterday visited the Under Socre- aid that the Chinese Govern-tary for Air, Bir Philip Sassoon, to ment had stated that there was, discuss proposals for an all-British at present, no surplus Cus- Air-mail between Great Britain and toms revenue available for the service of the three loans which

China-Reuter.

SERVICE

| Far East Aviation Coy.'s Project.

were in default, but the British HONGKONG-HANOI Government would continue to take all possible steps, to safe Tokyo, To-day.

guard the interests of the bondi The Procurator has demanded the holders concerned. following sentences on 20 civilians |implicated in the outrages of May] 15 of last year, when Mr. Inukai, the aged Prime Minister of Japan was murdered by a band of 18 young naval and military cadets whose trial opened on September 26.

On

A question was raised by Mr. W. Nunn, Conservative member for Whitehaven,

"I cannot express any opinion Cumberland, regarding the

at all on to-day's cable," said Mr. coup d'etat at Foochow

R. Vaughan Fowler, Managing November 18,

Director of the Far East Avia- Sir John Simon replied that tion Company, this morning, when His Majesty's Minister in China, questioned on the British Gov- Sir Miles Lampson, the Com-ernment's consideration of an ex- Fifteen years for Okawa ten mander-in-Chief of the China tension of the air mail service to years each for Toyama and Hommx. Squadron, Admiral Sir Frederick the Far East, as far as Hong

Seven to 15 years for the demain Dreyer, and His Majesty's Con- Kong.

Life imprisonment for Tachibana and Kawasaki.

der.

sular officers at Foochow

and

......“I can, however, state that `- Contrary to the case of the army Amoy, were in touch with the steps are being taken to es and navy cadets all sentences are of situation, and would take such tabligh a mail service between Imprisonment with hard labour-steps as might appear necessary Hong Kong and Hanoi and Reuter

to safeguard British interests in possibly. Bangkok, Enking up the event of their being endan with the Imperial Airways,” gered.

Reuter.

he concluded. :

RAINFALL OF THE COLONY

Hong Kong rainfall for the 24 hours anded at 10 am, to-day was .74 of an inch, making a tótal, since

WEATHER REPORT

Fine, with fresh north-easterly

FAMOUS PILOT IN POOR, ŠTRAITS.

January 1, of 60.87 inches, against winds, is the forecent lasued to-day Beeks Employment

| later and suggested that the Gov-

London, To-day. {ernment should denounce it under

Mr. Walter Runciman, President an average of 81.92 inches. not run the risk of waiting until of the Board of Trade, speaking during the debate in the Horan of Was any crisis. :

Commons, yesterday, on the affect The use of Indian cotton, he said, an export trade of Japanese compe was no mere pious platitude on the tition, said that the Government part of Lancashire, who were de had, for a very long time, been kept termined to uNG 2018.

fully informed of the position, 'in Lancashire

LAND.

Washington, To-day. The United States Farm ministration cotton, acreage reduc - The President of the Board" of " They had been giving 'attention to BIG TREASURY ISSUE on contract for 1984 and 1935, Tradey M. Walter Ranch, re- the best and the most profitable way providos for those growers, saree-plying, said that he could not at of approaching the problems which ing to reduce acreage to be paid a present am that Lancashire would the increased Japanese/Co

pro- rain much if the, Governfiant de- und involved.” When laat: before

IN FRANCE. 1,475,000,000 Francs rental on the land taken from 8318 nounced the Anglo-Japanese treaty. House, the Government had re

In Bonds.

sit in favour of an attempt

per acre, soparding to the prodno- The Government wish Hvity of thi

kaput all othay - mid Product

Paris, To-day." An official decree announces the less than? issue, to-morrow' of 1,475,000,000 |donínatio frándy, worth of five-year Treasury {sent of “Bonds at five per cent-Eauter. Iland from

be paid not

pound, on the

(Continued

by the Royal Ohaarvatory.

Mr. Baldwin's Lips Sealed

"In

Any Capacity.”

ADVERTISES FOR JOB.

London,,To-day.

On Disarmament Secrets Schelder Trophy

London, To-day.

The position of the thres

The estimates of the British vices would be carefully exam Aghting services, to be presented in for defence as a whole, he

winner,

once holder of the world's speed record: seeks employment in any. capacity "cos en pe

This (startling appen? for a job

| yesterday "aet" the Fleet Street leathe in quest of the advertiser's

da few months time, will be examined Mr. Baldwin declared that his identity.

on the basis of the united defence lips: were souled. One of the dif- It was revealed that he is Captain of the cointry, maly, the Navy, dealties facing anyone spanking on J., C. Biard who won the trophy, in the Array and the Air Force, de- Disarmament was that they could Naples, in 1922. clared Mr. Stanley Baldwin, during not reveal all they knew. -

Captain Diard has had a long. the House of Common's, debate, They could not say which people period of ill health but has now re

day, Thay, would hes by then were raising difficulties, otherwise covered. what they had to spend and would it would be perfectly impossible to Captaip "Blard's meed in the know what the Disarmament posi- advance one fuch, he added-Rear famous air "raco in 1922 was 145,7 Hon was in Europe.

m.p.h-Reuber,