1933-12-12 — Page 1

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Tel. 27778.

No. 28,597 HONG KONG, TUESDAY, DECEMBER 12, 1933.

Bat. 1835.

PRICE $3.00 Per Month..

BERNARDS' OF HARWICH.

FOR

CONSULATE SHIRTS & PYJAMAS : LILLEY & SKINNER FOOTWEAR. ROLLS RAZORS: WOLSEYS KNITWEAR : MACCLESFIELD SILE. NECKTIES: MOORES FELT HATS.

CHATER ROAD, HONG KONG

$750,000,000 CREDIT BALANCE FORECAST FOR 1935 U.S. BUDGET

TIENTSIN-PUKOW RAILWAY

LOANS IN DEFAULT

AVAILABLE FOR RELIEF

British Representations Officially INCOME OF

Renewed

London, Today.

In the Hour of Commons, yen- terday, the Foreign Secretary, Sir John Simon replying to the con- servative member for Preston, Mr.

A. C. Moreing, with reference

the default of the Tientsin-Pakow Railway loans, said that one or two payments appeared to have been made into a special reserve nccount for eventan)

liquidation

of the lunes, but they were in sufficient to make the position in nhy why sal factory.

Sir John Simon said that he wa instructing The British Minister to Ching to renew representations,- Reuter

FAILURE OF

ROOSEVELT

GOLD PLAN Advantages Lost By Price Decline.

$41,000,000 PURCHASES OF DOMESTIC GOLD

Washington, To-day

$3,350,000,000

ANTICIPATED

Roosevelt Prepares Budget Message.

FLOOD OF REMONETISATION

BILLS

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. Telegra phie Mensager Ordinance. The jecivet December 18, 11 am)

Washington, To-day.

Rr.

SOVIET DENIES HSINKIANG AMBITIONS

Will Respect China's Sovereign Rights

Moscow, To-day.

The official Soviet news agency, Талм, һав been authorised to

categorically deny the report published in the Chinese news. paper, Cheng Fao, that the Soviet Government had concluded agreement with the Hainkiong Government relative to conceding Chinese territories to the U.S.S.R.

an

The policy of the Soviet son- sists of the maintenance of the in- violability of Chinese territories and respect to its Sovereign rights. the denial states.-Reutar.

DOLLAR-POUND

President Roosevelt is preparing/ STABILISATION

his annual Budget message for Con-

| gress.

The Budget Director Mr. Lewis | Douglas, tentatively forsees the in- come at about U. S. $3,350,000.- 000, for the 1935 fiscal year, against which approximately $2.- 600,000,000 will be required for regular Govermenta! establish-

Perplexing Reports In New York.

"LITTLE FEAR OF DRASTIC INFLATION"

New York, To-day. Perplexing statements are be

FRANCE

WILL REPLY

TO HITLER

But What of Status Of

"Brown Shirts."

IMPORTANT PARIS CONVERSATIONS

Berlin, To-day.

Chancellor Hitler yesterday re- ceived the French Ambassador to

Berlin, M. Poncet.

A Paris message states that it is understood that M. Ponce asked Herr Hitler to explain his attitude towards the "Brown Shirts" as co existent with the standard Army of | 300,000 which Hitler is demanding.

Paris, To-day. The British Ambassador Paris, Lord Tyrrel is arriving here, from London, to-day.

of Foreign Minister Czecho-Slovakia, Dr. Edward

--Reuter.

The

منا

Mohammed Zahir Shah (in steel helmet and leaning on rife), the 19 year-old King of Afghanistan, who was proclaimed on No- vember 8, following the assassin ation of his father, Mohammed Nadir Shah Ghazi, at Kabul. The picture shows the new King as a private soldier during the opening of an infantry school.

ments leaving, tentatively, $750.-tion of the dollar with the pound.

ing made regarding the stabilisa Benes, is arriving on Thursday. SIX KILLED AS

000,000, plus the Treasury cash the process of which was said to M. Paul Boncour will confer balance of approximately $1,000,- have begun.

Morgenthau, declares that the Ad-

000,000 available for emergency The acting-Secretary of the The latest Government statis-relief and Public Works, if required, United States Treasury, Mr. Henry tics show that the price of whole United Press, per S..C. Gold Bar sale commodities in the United Co. States has risen only 17 per cent... since April while the price fn" the

has declined

Lo

last fortnight 70.7, practically annulling all the advantages gained since the advent of the gold plan.

At the same time, the gold price

has risen to 64 per cent, above thei

statutory price.

Silver Advocates Determined.

SPECIAL TO CHINA MAIL.

(B Telegraph, Copyright, Telegra-

miniration la adhering to. Its policy, and if such

a move wAB made he would know Humediately.

On the contrary it is learnt that conversations were conducted by the Federal Reserve Bank of New York with the Bank of England and the Bank of France, there-

phic Mensages Ordinance, 1894. Before, the Washington denials that

rrived December 8, 649 pan.)

fecived December 12, 10.30 a.)

The French Foreign Minister,

with both, and after conserva Lions will reply to Chancellor Hitler's demands. Reuter.

ITALY AND THE LEAGUE

Conditions Required Not Disclosed.

London, To-day.

In the House of Commons yester- day the Foreign Secretary, Sir John

gom.

ICY XMAS

FOR AMERICA

AND EUROPE

25 Killed In U.S.

By Storms.

SNOW AND LIGHTNING

Severe Winter In Britain And France

/

London. To-day. An icy Christmas appears to be in store for America and Europe. New York reports that 25 persons were killed in the East and Middle West by lighting, heavy snow- storms and freezing temperatures.

Two people collapsed-and died. from cold in New York whils thres Aled in Philadelphia.

A train crashed into a car at Bellefonte, Pennsylvania, during A anowatom, killing

four and injuring three.

Winter has got an early grip on Britain. The Thames, fa, frosen at |Kingston, an event which has not Thousands happened since 1895, were skating at midnight, the Ice

GERMAN being doodlit by the lights of doa.

AIR-LINER CRASHES

[PILOT FLEW、 “BLIND” IN DENSE FOG OVER HAMBURG

HONEYMOON COUPLE AND NAZI FARM EXPERT AMONG VICTIMS.

HAMBURG,-TO-DAY,

official overtures were made to London, Washington, To-day.

SIX PEOPLE, INCLUDING A LONDON HONEYMOON are technically correct. The Chairman of the United as the Federal Reserve is a quasi-Simon, said that no official

munication had been received from COUPLE, MR. AND MRS. FRANK BARBER, WERE KILLED IN AN AIR CRASH HERE, YESTERDAY. NONE OF THE Slates Senate Foreign Relations private institution.-Beuter.

the Italian Government regarding Mr. Jesse Jones Chairman of the Committer. Senator Key Pitt-

the question of alteration in the VICTIMS ARE AMERICANS. A DENSE FOG EXISTED AND Finance Reconstruction

Carporaman. yesterday stated that

constitution, powers, or procedure of THE PILOT WAS FLYING "BLIND," RELYING ENTIRELY ON the League of Nations, and he had WIRELESS DIRECTIONS FROM AERODROME. tion, has announced that the domes floodi

no statement to make on the matter: tur, tir gold purchases, so 420,000 ounces, costing U.S.$14,000,

at the moment.

000.-Reuter.

Business Optimism.

SPECIAL TO CHINA MAIL.

14

By Telegraph, Copyright. Telegru

a "BUSINESS CONDITIONS WILL of remonetisation Bills

BE UNCHANGED." would be introduced into Con- gress unless the President de- finitely acts to aid silver.

SPECIAL TO CHINA MAIL.

hy Telegraph. Copyright. Telepra. ahir Meanages Ordinance, 1893. Re. cried December 18, 10.47 a.m.)

Cleveland, To-day. Mr. Leonard Porter Ayres, the of all newly-mined silver produced prominent United

States statisti- the cian, has expressed an opinion that 18 the United States.

Senator Pittman reiterated that

BU he proposed to introduced a providing coinage on a 16-1 basis

after

phae Messages Ordinance, 1894, B.Bill' enactment, which will produce there is no reason to fear Inflation

ecreed December 12, 10.30 am.)

New York, To day.

The plane could not be seen from the ground, but a sudden crash was heard followed by an explosion. Police immediately rocleared the aerodrome of all except officials.

The matters, he said, was ceiving the most careful attention. -British Wireless Service.

ADVANCING WORK OF DISARMAMENT

London, To-day.

Later.

Officials of the Lufthansa aerodrome later state that Mr. Barber's nationality had not yet been established. The woman was Miss Amelia Armstrong, stated to be an American, born in Sweden.

·

One of the six people killed was the Prussian State Councillor, difcult to induce excessive infla- At question time in the House of Herr Wegermann, the Nazis' agricultural specialist, who drafted the tion into a country where most of Commons yesterday the Foreign the business is done by cheques Secretary, Sir John Simon, stated new law of land inheritance. The plane was flying from Berlin.

Reuter.

about U.S.$30,000,000 coinage annually.

In

Bilver

during 1934 an account of it being

Wall

Street operators belleve

"This very mild indation is

that

a creeping bull market

1

based on a very sound metal." he declared.

oft would not be felt for several

in the fact that other producers for would probably follow

under way, thus explaining the continued optimism.

There are also some signs

public participations.

Favourable factors include belief that the farm income

Such inflation was so small that representing private bank credit that, in accordance with the sugges Instead of with Government curtion made by the Bureau of the

years, but the real value would lie rency.

suit, and

1933 is 20 per cent. higher than in thereby, remonetization would

-30

1992-United Press, per 8.C. Gold cur on a world basis.-United Press. Bar Co.

FOREIGN TRADE

AGENCY.

Peek To Find Export Markets For U.S.

Iner S.C. Gold. Bar Co

GOLD PRICE LEAKS OUT

SPECIAL TO CHINA MAIL..

(By Telegraph, Copyright, Telegra phie Massage Ordinance, 1204, "Ra-" ceived December 12, 10.30 a.m.)

Washington, To-day. Despite the extraordinary pre cautions against leaks, it la ropart- Washington, To-day, ed that yesterday's gold price reach- President Roosevelt yesterday|ed London privately ahead of official summoned a conference of the de-press releases-United Press, Der partmental chiefs, including Mr. S.C. Gold Bar Co.

Pook, the disgruntled Assistant Se- cretary for Agriculture, with the object of organising a Yoreign trade Rgoney, which Mr. Peek is expactod

Lo be chief.

The agency will find recipro cal, export markety for Ameri can good-Reuter,

Agency Formed.

Washington, Later,

Congress Will Be Noisy."

SPECIAL TO CHINA MATL..

(By Telegraph, Copyright. Telegra

phio Massages Ordinance, 1894. Ro ceived December 12, 10.87 am):

New York, To-day%

He predicted that business, early in 1934, will continue largely as at present.—United Press, per 8.C. Gold Bar Co, BYRD LEAVES FOR ANTARTIC.

Explorer's New Expedition.

Wellington, New Zealand,

To-day.

The famous explorer; Rear-

- Admiral- Richard E. Byrd left

here yesterday on his 'Astartle" expedition---Renter.

(Continued on Page 7).

ANGLO-ESTHONIAN

TRADE TREATY: Negotiations Opened In London.

London, To-day. The Parliamentary Secretary, for Overseas Trade," "Colonel D.'I, Col- ville, yesterday received the Es thonian delegation, who will negó- tiate a commercial agreement with the United Kingdom.

An' exchange of views took placs and the discussions will be continu- ad-British Wireless Service,

R.A.F. Disabled Aeroplane

Further

The well-known United States averted economist” and Babson yesterday stated that the United States situs plans

anding

President Roosevelt has announc-flon is fundamentally reassuring, ed the formation of a special for He forecasts that Congress will London, eigh trade agency under Mr. Peek probably be noisy but basically cons toporrelate internal production |structive;

with affective foreign purchasing. The real beddquarters of

developing by reciprocal business and finanós will remai barter and other Interna-Washington Yather than

nal arrangementsRouter,

*Birent, ha declaras

(Continued on Page 53:

per S.C. Gold Bar

M.C.C.'S FIRM

CABLE REPLY

TO AUSTRALIA

Definite News Of Tour Demanded.

NO FURTHER ASSURANCE TO BE GIVEN

London, To-day. The Marylebone Cricket Club have considered the Australian Cricket Board of Control's last cable and have replied:

REPRIEVE FOR MRS. HADLEY Shanghai Petition Succeeds.

Shanghai, To-day,

jens of cars.

So bitter is it in Paris that the }kerba market on the steps of the... Bourse was suspended till braziere had beèn, provided.---Reuter..

RICH SPANIARDS BARRICADED.

300 Threatened With Burning.

..

TROOPS QUELL REBELS AFTER STREET BATTLE.

.

Madrid, To-day. Troops, using tanks, quel led a

rebel attack on the City Hall at Saragossa yes- terday, after a 4-hour street battle. Several people were killed.

The Civil Guards at Huesca aro rushing to prevent a hold. caust at Lanaja, where some 800 rebels have barricaded all the rich inhabitanta in a church, and are threatening to burn them alive. Reuter,

INCREASED USE OF INDIAN COTTON,

Lancashire Spinners Circularised.

London, To-day, *

The Lancashire cotton au- thorities are implementing, the recent pledge to increase the ́use of " -Indian cotton. They have circularised all #pinoyra, An extensive list of milla - in which Indian cotton is wholly or The North China Daily News partially used has been despatch- understands that Sir Miles Lamped to the Export and Trade sec son, British Minister to China, tions of the Manchester Chamber has reprieved Mrs. Hadley, sen-of Commerce, with a covering let tenced to death for the murder ter, appealing:

Reuter. "Indian cotton has many untried of Captain Younge, -—-—-

-encourage possibilities: Please

REPORT CONFIRMED.

Shanghal; later "With reference to your cable! The report that Mr. Hadley of November 16-you must please had been granted - a reprieve has accept our cable of · October 9, been confirmed. The sentence of

Skims Over Palace Roof which speaks for itself, at final, death; has been committed to Int

trou

aceti

low aloi

We cannot go beyond the assurprisonment for life—Bouter, ance given therein that we shall Mr. Hadley, a Shanghai Bussian Timelt over the heart of the West welcome the Australian cricketers woman who became a British subs

End

In searching for a place to land he skimmed over the roof, of Buckingham Palace while th Changings of the Guard caremong "and" "while=HU Was proc Majesty the King was watching

its use to the utmost.”—Henter.

US. COTTON POOL FORMED:

To Liquidate Govt, Stocks,

who come to play cricket with us Ject by her marriage to an English-! *2,400,000 BALES HELD. next year,

A MAN) Was'aesitenced to death for the "If, however, your Board murder of "Captain Youngs, with 77

Washington, To-day of Control decide, that” such whom she had been lying, by stab-·* The United States -- Farm games -- should be"" deferred.

| bằng him in the throat during the | minútration"; "his" -annoj

Pool formation of ca- Cotto wa, shall regret their deel-

(Continued on Page 18,1

Ulquidate the 2,400,000 balen "Piense

know your

Government-held cotton covered the options of producers.

"rafls and other lot + brought the -to. the ground 7 is fore the ' end

rd's final decis

“BS KOOKI BI

be

on Page Di

Firelana Bar: Reuter::

da

The forthcoming marriage between Richard Beymour, Johnson, Shipping With funds, borrowed; from Arxistant of Messrs. · Batterield and Commodity Credit Corporation, Ewire, and Angela Leonard, of 56 Administration will advanos to the Langridge Road, London, is announc-

(Continued on Paga 19).

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