1933-12-15 — Page 1

The

new

BEDFORD

TRUCK

THE

HONG KONG HOTEL GARAGE

"dollar," on demand;"ciones

at 1/4 7-8.

Library, Supreme

FINAL EDITION

China Mail

Exf. 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,600 HONG KONG, FRIDAY, DECEMBER 15, 1933.

RUMOURS PERSIST

MINISTER'S

RESIDENCE AT

NANKING?

Mr. Cadogan Reserves Decision.

MR. QUO TAI-CHI ASSURES HIM OF WELCOME

London, To-day.

"I have never vel committed myself to residence anywhère without a personal inspection." declared the Hon. Mr. A. G. M. Cadogan, the new British Minis-

BRITAIN PAYS WAR DEBT INSTALMENT TO-DAY

$7,500,000 Token Payment Pending Final Settlement

London, To-day.

In accordance with the terms of a note from the British Am- bakendor at Washington, Sir Ronald Lindsay, to Mr. Cordell Hull, United States Secretary of State, dated November 0 last, the payment of $7,600,000 in United States currency in respect of the British War Debt will be made in Washington to-day."

This payment, as in the case of Lhat of June 15 last, is made pending a finul settlement-Bri in Wireless Service..

ter to China, replying to a toast NINE DROWNED

at the China Association ban-

quet last night. WHEN STEAMER

al. 'which Str George Mae

dogh, a member of, the London

Committee of the!

Hong Kong and

Shanghat Bank, stressed the im-

SINKS IN GALE

Storms Continue On British Coast.

OF STABILISATION

AT PRESENT LEVEL OF 65 CENTS

DESPITE WHITE HOUSE DENIALS

DIVERSITY OF OPINION BUT GENERAL CONFIDENCE IN ROOSEVELT

SPECIAL TO CHINA MAIL

(By Telegraph, Copyright, Telegraphic Messages Ordinance, 1894.

Received December 15, 9.20 a.m.)

New York, To-day.

Mr. James Rand, Chairman of the Committee for the Nation, yes- terday sounded a warning that stabilising the dollar in relation to foreign currencies would be disastrous. He indicated that he dollar should be stabilised in relation to gold.

A gold price of U. S. $41.34 was necessary to restore prices to

portance of the Minister resid- LONDON TEMPERATURE BELOW the 1926 level, he said.---United Press, per S. C. Gold Bar Co.

ing at Nanking.

The Chinese Ambassador to

London, Mr. Que Tal-chi, assur-

FREEZING-POINT

London, To-day.

ed Mr. Cadogan that a very warm Nine lives are known to be lost in

37

50-CENT DOLLAR

WANTED.

1 RETURN TO GOLD

STANDARD.

welcome was awaiting him. Ho the fierce gale which has raged But No Present Change said that Nanking was commit-round the coast of Great Britain for ted to a policy of national unity two days.

In Policy.

Demand Deferred.

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra phie Meanages Ordinances, 1894. Bar, (By Telegraph, Copyright. Telegra.eeived December 15, 8,40 m)

Manager Ordinance, 1894, Re

December 16, 11.68 m.)

through an internal policy of re- These known casualties were the construction. Quiet but steady progress was being made in a crew of the 469-ton London coast-

ing steamer, "Culmore," which phic directions.

Jn this programme.

it was

foundered before the eyes of life.eived China's great hope that British boat-men off Aldeburgh, Suffolk,

trade and co-operation would on Wednesday. play an increasingly important | mle, he said.

Reuter.

Although unidentified at the time of the disaster. wreckage washed

SIR M. LAMPSON up on the coast revealed the name

IN COLONY

Retiring Minister To China,

of the vessel.

J

The gale abated during Wed- nesday night. later.

SPECIAL TO CHINA MAIL

Washington, To-day.

The White House further in- dicated that the Administra- tion's goal is, apparently a 50 cent dollar, but the specific plans were not indicated.

two

Est.–1845

PRICE $3.00 Per Month..

AGREEMENT

ZAMBRENE WEATHERPROOFS

ARE

Superior.

BERNARDS OF HARWICH.

Outfitters.

CHATER ROAD; HONG KONG.

BY BANKS

Lincolnshire Regiment in Libcoln for the firef time in 36 years. The 2nd Batta. Lincolnshire Regt. on its journey from Dover to Caterick on Nov. 10, halted at Lincoln. The Battalion

·was received by the Mayor and 8 heriff.

New York To-day. The expression of Adence in President Roosevelt é; guld, palley made by the well-known Ameri- can banker, Mr. Frank Vander lip, has caused the New York Board of Trade to defer action on the resolution demanding the return to the gold standard. →→→→ United Press, per 8. C. Gold Bar Phi ¡Co.

FARMERS SUPPORT

ROOSEVELT.

Urge Remonetisation.

The Battalion marching through the ancient Stonebow Arch In the City. (S. & G.),

FOREIGNER KILLED

EXPRESS

DERAILED

BY BANDITS

Trans-Siberian Train From Europe.

· PASSENGERS ATTACKED AND ROBBED

Tokyo, To-day. Seven people, includ- ing one foreigner, were killed, while eight were wounded and a number kidnapped, when ban- dits wrecked the trans- Siberian international train from Europe, near Tsitsihar, shortly after midnight.

After the derailing of the express, which was

INDIA BUYS U.S. A PAN-AMERICAN accomplished by remov

SILVER

500,000 Ounces

Ordered.

DESPITE HIGHER PRICE IN NEW YORK

L

SPECIAL TO CHINA MAIL

BANK?

Proposal Referred To Chile Conference.

REMONETISATION SHELVED:

SPECIAL TO CHINA MAIL.. [By Telegraph, Copyright. Telegra

phu Messages Ordinance, 1884,

Montevideo, To-day.

(By. Telegraph, Copyright, Telepro.ceived December 15, 9.20 am)

crived December 16, 10.87 0.m.)

Menges Ordinance, 1884. Re- New York. To-day. Silver circles here most interested in the report

are

ing rails from the per- manent way, the body of bandits, 300 strong, at tacked the tra

train. The passengers were system- atically looted before the maurauders decamped with their prisoners.

are among the dead. Reuter.

After derailing the train the

Two Japanese soldiers, part of the guard de At the Pan-American tachment on the train, Conference, yesterday, it was decided to refer the that the local market has re-proposals for the re- ceived' purchasing orders monetisation of silver bandits subjected the wrecked from India for the first time and the establishment of coaches to a terrific fire from rifles and machine-guns beforé since October.

a co-ordinated Pan-swooping down and committing The orders are reported to be American bank to the outrages on the luckless victims, less than 500,000 ounces,

On receipt of the news an Pan-American Economic armoured train from Anganchi they are regarded as significant,

Conference to be held at hastened to the scene. A relief because the New York price is above the London and Pombay Santiago, Chile, before train from Harbin was also rush- ed to the spot, arriving at 6 a.m. United Press, Reuter. April. parties, thereby precluding the arbitrage character. United per S. C. Gold Bar Co. The Convention favoured the remonetisation of silver in order Press, per S. C. Gold Bar Co. to increase-money circulation.- United Press, per S.C Gold Bar

Mr. Stephen T. Early, Secretary but increased to President Roosevelt said, how Heavy seas were again running yesterday in the North ever. that no changes in the mone Sea and the English Channel. tary policy were planned and that 1. The Cross-Channel services the Government would continue the

were again curtailed. and boats gold purchases. VISIT TO GOVERNMENT HOUSE run from Folkestone and not

The statement followed a from Dover. The cargo-services

SPECIAL TO CHINA MAIL His Excellency Sir Miles are interrupted, and many fish-hour conference between President

(By Telegraph, Copyright. Telegra Roosevelt and his monetary ad-nhie Messages Ordinance, 1894. #~] Lampson, K.C.M.G.. the retiring ing vessels are overduc.

per S. Cerived December 18, 8:20 am) visors.-United Press,

Chicago, To-day. - Gold Bar Co.

The Farm Federation Con- Roosevelt Confers With vention yesterday passed a re- solution endorsing President Advisers.

Roosevelt's recovery and monsiary messOTEÄ. Washington, To-day. The United States gold purchases his two daughters, the Misses Skating is proving a popular are to be continued indefinitely and

en

British Minister to China. ar- rived on

the P. and 0. 8.3. Ranchi this morning from Shanghai route to Cairo where he will take up his new post ns British High Commis sloner to Egypt and the Soudan,

The gales, the worst for six years, are accompanied bitter north-easterly with frost. the weather being in several degrees colder London yesterday, Although the sun shone from

Hucceeding Sir Percy Loraine, ja cloudless sky, the temperature K.C.M.G

remained below freezing point

Sir Miles is accompanied by throughout the day.

Mary and Margaret Lampson. pastime in many parts of the stabilisation is not in prosDECL Co. and his niece, Miss Phillips. country, and wide facilities are These were the principal décisions

Interviewed this morning by ajavailable owing to many of the

representative of the Ching Mail, smaller rivers being frozen, over, reached after President Roosevelt

on

the Fukien situation, Sir This is due to the unusual ab-had been in conference for a couple U.S. OIL COMPANIES Miles he had nothing to say ex-sence of rain, which has reduc-of hours with his financial, lieu- cept that he hoped that matters ed the

(Continued on Page 9.)

HIGH US. TARIFF WALLS

"Policy- Must Be Modified."

WALLACE WARNS OF LOSS OF FOREIGN MARKETS :

Washington, T.tar

The United States must modify

water in the streams. tenants. Several are ice-covered for the] first time for many years, ~~

"Everything looks lovely.

Wo

The abnormally low rainfall is jare going on as at present," declar- causing grave concern in many ed Mr. Henry Morgenthau, the act- parts of the countries, and withing-Secretary of the Treasury. the exception of Birmingham, the six largest provincial cities Others who were present stated that the aliver question was not ore seriously inconvenienced

considered and that the President British Wireless Service.

was going ahead, with his present methods to raise prices.

LONG ARM OF U.S. LAW.

Insull Forced To Leave Greece.

Athens, To-day.

2

The Reconstruction Finance Cor- poration's gold purchases to date total 446,000 ounces for which U. 5. $14,885,000 has Boon paid.~Reu- ter.

ROOSEVELT WILL CONTROL. CONGRESS

CO-OPERATE.

Far Eastern Properties. To Be Merged.

SPECIAL TO CHINA, MAIL... (ly Telegraph Copyright, Telegra

ceived December 16, 9:30 am)

fessages Ordinance, 1892. Ker

phic

New York, To-day. Stockholders have ap proved the merger of the

MORE JOBS IN BRITAIN.

but

Unemployment Lowest For 3 Years.

London. To-day.

CHINESE TONGS IN BATTLE

Three Hurt In Montreal

Street Fight

Montreal, To-day. Conflict for the control of

· DISARMAMENT NOT ABANDONED.

Ambassador Called

From Berlin.

FOR CONSULTATION WITH SIR JOHN SIMON

London, To-day. Chinese gambling restaurants led "Sir Eric Phipps, the British Am="" to rival Chinese Tonga, staging a bassador in Berlin, at the request of pitched battle in the local Chiria-his Government has come to Lon- town yesterday,

don for consultation and discussion It is confidently expected to fall Three men were seriously in on the Disarmament question. below the 2,000,000 mark early jured while sixteen were arrest-Ho arrived yesterday afternoon next spring.-Router.

Beuter,

It is stated in Government cir- cles that the present: British unployment figure is the lowest since 1930.

· led. -----

Par Eastern properties, of New Unsinkable Speedboats As

the Socony-Vacuum Cor poration and the Standard Oll Company of New Jersey, which was announced recent ly:- United Press, per 8. C... Gold Bar Co. - SILVER AT 20 TO 1.

its tariff policy or accept 'a' con- aiderable, permanent loss its foreign markets, declares the Secretary for Hr. Kamuel Insull the Ameri (Agriculture, Mr. Henry C. Wallace, can financler who is wanted in

in his annual report to the Prest the United States on charge of, SPECIAL TO CHINA MAIL OIL CAVERNECIALITO CHINA MAIL (9), fraud, will shortly be again" "on (By Telegraph Copyright, Talegre. 'dent."

(By-Telegraph. Copyrights Toleans: Mr, Wallace advocates working the gun" as the consequent of kin Messages Ordinance, Japhic stages: Onlines1804

ceived. Desambar:15, 30.87 am.)} crived Desember 15, 10.87 870) towards an expansion of foreign the Greek Government's decision

New York, To-day,

Washington, To-day. purchasing power through tariff ad not to renew his pollee. residence

Bources close to President Rooms

Congr Justmienta and eventually through permit after January 201

salt have told the United Press that

day foreign lending accompanied by Beuters willingness to receive certain foreign Strong representations were re-there will not be any Congress, goods in exchange for loans, decently made to Greece by the United that the dollar will be de-valued He also urges Federal regulation States Government, for the extradi- currency increased, probably thro of grain exchanges and the adjust-tion" of "My LSuL Bturn mesaurus the lamuance of the ment of farm supplies to the de ware threstesed in the ev mand Bouter.CA

hotse backed by gold- Der B. Gold B

States Linky, 'ye

and proceeded to the Foreign Office, where he had a long conversation with Sir John Simon, the Foreign Secretary.

It will be recalled, that Lord

Targets for British Navy Bombers Tyrrell, the British Ambassador in

London, To-day); | over while bombs drop from 1,500. How unsinkable are spend-boats feet.

Direct, hils have proved the af; darting about on the North Sea as

ficacy of the cov targets for the British Fleet's bom-moments bing pianes de revealed for he Best hit the time by the London Daily Telegraph, of the boat and

The bombers Ară", repu

|those inst Kto be

the water and ha acquiring astounding skil

The experi ing: 40-foot, target

The Arat Airerafiman known.

ace of Arabia

of thess in sach spood, til these experiments, the only mai “defenders crash- hol- bile, marine target, was the slow- masis, but little else. steaming warship, H., M. B. Cen:

the crash-proof] turi:

Paris, a few days ago paid a short visit to London for a almilar por pose-British Wireless Servics.

NEW POSITION FOR

NRA CHIEF LU

General Johnson To Change Posts.

London,

"Nationa}}// Recove»;^Ad-

General "Jolin!

present

•koɛtakaʻup" anoth