Put
these
BEDFORD
hefty
trucks
ENGLAND
on Your work
The dollar, on demand, closed
to-day at 1/5 78.
The
FINAL EDITION
Sup
Court
China Mail
Bat. 1848.
Est. 1845.
THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST
HONG KONG HOTEL GARAGE,
STUBBS ROAD.
Tel. 27778.
No. 28,637
HONG KONG, TUESDAY, JANUARY 30, 1934. PRICE $3.00 Per Month.
POUND
JAPANESE
GENTLEMEN:
MAKE
BERNARDS
YOUR
BUYWORD!
OUTFITTERS
CHATER ROAD.
HONG KONG.
MAY BE TEMPORARILY STABILISED AT 4.75 TO DOLLAR
NEGOTIATIONS
WITH BRITAIN
Rayon To Be Discussed As Well As Cotton.
"LANCASHIRE WILL TURN TO GOVERNMENT"
London, To-day.
The British delegates to the forthcoming Anglo-Japanese tex- tile discussions in London do not intend to come to any conclusion
GUARD'S PRESCIENCE SAVES
RUNAWAY TRAIN
Driver Killed On Footplate Of British Express
London, To-day.
CURRENCY TALKS
WITH BRITAIN
SILVER UP
110 POINTS IN
NEW YORK Roosevelt Expected To Act Soon.
Noticing that an excessive speed EARLY START INDICATED PITTMAN ENVISAGES PRICE OF
had been reached, the guard on a train from Tring to Euston, ap- plied the emergency brakes and stopped it.
He found the driver killed, and the fireman seriously injured, by u burst tube in the engine-Reuter,
therein unless both cotton and NEXT WAR IN THE
Sir
rayon are included, stated Thomas Barlow, the leader of the British delegates, in a speech yesterday to
PACIFIC
the Manchester Dr. Yen Fears China Will
Chamber of Commerce.
He announced that the strongest been made representations had against the delay in the appoint- ment of the Japanese official dele- gates and expressed the opinion that It was probable that the Japanese
Be Involved.
ANGLO-JAPANESE SCRAMBLE FOR FAR EAST MARKETS
London, To-day. Government had experienced the Dr. W. W. Yen, the Chinese Am- greatest difficulty in persuading the Japanese trade associations, that the bassador to Moscow, who is en discussions should be held.
route to China, in an interview with blem should be approached with the the Singapore correspondent of the greatest calmness, coolness and res-London "Daily Telegraph," stated ponsibility.
that he was confident that the Pa- cific would be the scene of the
He urged that the terrible pro
He believed that the Japan- ese delegates recognised that prosperity could not be pur. chased at the expense of the life of every other industrialis- ed country,
The British delegates, he said, would try, in an honourable and firm spirit, to make the negotiations
RUCTCAB.
If they failed, the industry must turn to the Government--Router.
NO TIME LIMIT
London, To-day.
next world outbreak, owing to the Anglo-Japanese scramble for the markets of the Far East.
He expressed an opinion that Russia was not ready to fight and was compelled to hold off despite
Japanese provocation.
BY MORGENTHAU
LAUGHS AWAY QUERY ABOUT POSSIBLE EXCHANGE WAR
WASHINGTON, TO-DAY.
THE UNITED STATES TREASURY SECRETARY MR. HENRY
$1.29 AN OUNCE
SPECIAL TO CHINA MAIL. By Telegraph, Copyright. Telagra- phic "Afnanages Ordinance, 1894. Re- ceived January 30, 8.50 ám.)
New York, To-day.
Silver prices soared 110 points on the Commodity Exchange here yes terday, the March price closing at 44.70-44.80 cents per ounce as
MORGENTHAU, HAS INDICATED THAT AN EARLY START WILL against 43.70-43.75 cents on Sa- BE MADE IN THE CURRENCY TALKS WITH GREAT BRITAIN.urday.
SIR JOHN SIMON REVIEWS FAR│
· EASTERN EVENTS
China's Regard For Britishers' Safety In Fukien "Appreciated"
London, To-day. Replying to the Labour Member for Gower, Glamorganshire, Mr. David Grenfell, the Foreign Secre tary,
Sir John Simon, in the House of f Commons, yesterday recapitulat- ed the recent events in the Far East and exp apprecia tion of the
way in which
the Chinese Government had re- seived the British represe regarding the safety of lives and property in Fulien.
Sir John Simon mentioned, without comment, the plans for the accession of Mr. Henry Pa Ti to the throne of Manchukao.— Reuter.
-
LEAGUE REFORM
“SECONDARY TO
DISARMAMENT
| GRAVE ISSUE MUST 'FIRST BE DECIDED.
ITALY AND FRANCE AGREE
་
WITH BRITAIN ·
London, To-day.
"
Speaking on the Disarmament
|issue at the re-opening of the House of Commons, yesterday, the Foreign Secretary. Sir John Simon, stated that the Government had decided that the time had now come to make known their own attitude on
THE "WALL STREET JOURNAL" REPORTS THAT IN- The July price rose from 44.69- POLAR. EXPLORER the grave situation.
1
FORMAL NEGOTIATIONS ARE PROCEEDING FOR A MODUS (44.70 cents to 45.70-45.80 cents. VIVENDI UNDER WHICH THE POUND WILL BE TEMPORARILY The total sales for the day were STABILISED AT 4.75 IN RELATION TO THE 60 CENT DOLLAR 321 contract of 25,000 ounces as
against 136 similar contracts Saturday.
We are not discussing anything with Great Britain just now, but if you ask me that again next week I will not answer, de clared Mr. Morgenthau, when answering questions after the House of Representatives had accepted the Senate's amendments to the Monetary Bil.
He said that he had prepared several executive orders governing gold, to which the Government was en- titled as soon as the President signed the Monetary Bill. “They will be ready for issuance immediately after sign- ing," he said
on
Congressional circles continue: to expect President Roosevelt to make a move shortly to enhance the silver price through broad- casting its use as money, due to the silver advocates' formidable jstrength.
FAILS
Ellsworth's Plane And Ship Damaged.
PERILS OF THE ANTARCTIC
Wellington, N.Y., To-day.
Mt.
Lincoln Ellsworth, the well-known American explorer, who has returned here from the Antarctic, confesses the failure of the Ellsworth-Wilkins Expedi
tion.
The British memorandum had
chiefly concerned with the recent been dispatched to the countries
negotiations. The memorandum would be published in due course.
"The Government Lake the view that any questionS connected with the reform of the League of Nations are secondary to the immediate and more 'urgent^ question of Disarmament,” Bir John
Bald.
Both France and Italy had" con- firmed this view,, he continued.
The Chairman of the Senate Foreign Relations Committee, When asked whether he anticipated a currency war, Mr. Morgen- Senator Key Pittman, believes that thau laughed and said that such a conflict might be costly to both par- an advance in the world silver ties. He added that the New York Federal Reserve Bank would con- price will require the President to Ellsworth's aeroplane was Signor Mussolini had indicated that tinue as the Treasury's agent in operating the stabilisation fundraise the Government's domestle damaged and his ship the "Wyatt the object of his eventual proposals Reuter.
silver price to enable the United Earp" badly weather beaten...would be strengthen and to render States to carry out the London Hla return coincides with the more afficisht, the machinery of the Agreement to absorb 24,461,000 reports of the Byrd Expedition's League,
serious plight in the Antarctic. -Reuter.
Morgenthau Waits For Signing Of Gold Bill.
SPECIAL TO. CHINA MAIL. cy Telegraph, Copyright. Telegra Afrages Ordinance. 180. Ba
January 30, 8.50 ft.)
Dr. Yen feared that any Pacific embroglio must involve China and believed that Japan's ambitions the were directed towards the rich oil-crived fields of cast Siberia. Reuter.
Questioned in the Rouse of LAWYER CALLED
Communs, yesterday, in regard to the Anglo-Japanese discussions, the Parliamentary Secretary for Over-i seas Trade L-Col. D. J. Colville, said that Great Britain had made it perfectly plain that the discussion must include artificial silk, and that there was no reason to suppose that it would not be agreed upon.j
(Continued on Page 12.1
JAPAN'S VIEWPOINT.
Delegates Await Further Instructions.
A LIAR
Woman Causes Duel
In France.
ECHO OF STAVISKY SWINDLE
Paris, To-day.
A woman who called a bar- rinter B liar and, in his own words, slapped his face moral- ly, has caused the second duel arising from the Stavisky scandal.
8
The woman in question was woman journalist, Madame Dela- rue, wife of the chief editor of the Biaritz Gazette.
London, To-day. Mr. Okada the leader of the Japanese delegation, in an- inter- view with Reuter, stated that the Japanese Government, during the a certain document. Her husband
The barrister accused her of breach of confidence in publishing
8
Washington, To-day,
The House yesterday ac cept the Senate's Gold Bill changes. President Roose velt is expected to sign the Bill on Tuesday.
Mr. Morgenthau, Secretary of the Treasury, said that the Unit- ed States was rendy to begin stabilisation operations imme- diately after the enactment of the Bill. He also said that the States has no agreement with Britain regarding monetary mat- Iters,
"NO AGREEMENTS"
Morgenthau Denies Reports.
SPECIAL TO CHINA MAIL: (By_Telegraph, Copyright. Telegra phie Messagsi Ordinance, 1894. "Re- caived January 30, 2.17 pan.)
Washington, Jater.
The Unite States Treasury Secretary, Mr. Henry Mor- genthau, has denied that Britain and America have reached agreement on mone- tary matters--United Press, per S.C. Gold Bar Co.
Previous Informal Discussions.
jounce annually.
Senator Pittman,
The price, he asserts, could be raised by reducing the seigniorage..
Britain did not intend to take any steps at present in connection with the matter, pending the outcome of
John Simon added.
MARYSE HILSZ the Disarmament negotiations, Sir
FORCED DOWN
French Aviatrix Lands In The Dark.
IS UNHURT, BUT PLANE IS SLIGHTLY DAMAGED
Paris, To-day.
Mlle. Maryse Filez, the young
French aviatrix, who left Villa- coublay Aerodrome on Friday, on an attempt to fly to Tokyo, made a forced landing at Alexan- dretta, yesterday, according to! an announcement made by the French Air Ministry.
The Gold Bill cannot be sent to the White House until to-day due to
SPECIAL TO CHINA MAT
Senator Pittman anticipates a
Mile. Hilsz made the landing in the Senate not meeting until to-day.
(By_Telegraph, Copyright, Teiegru- gradual seigniorage reduction the dark, owing to bad weather and The Vice-President Mr. W, Garner phie Messages Ordinance, 1898. Until the, miner receives coined a high wind, und although her cannot sign unless the Senate is inceived January 20, 2.17 pan.)
silver for all his bullion, which machine is slightly damaged she session.
New York, To-day.
means that he will be receiving hopes to continue.", Commenting on the reported U.S.$1.29 per ounce, or parity price, stabilisation negotiations between based on a ratio of 16 to L-Unit Great Britain and the United States,ad Press, per S.C. Gold Bar Co. the Wall Street Journal atates:'-..
Mr. Morgenthau stated that the stabilisation fund would be handled through the Federal Reserve Bank of New York as fiscal agent.
· "Judgment "regarding the possÏ» bilities of reaching in internationa! understanding is difßcult dis-
Six experts are expected to handle. week-end, had instructed the Japan accepting the responsibility, his the operations in conjunction with ese delegates to now definitely re seconds have already met those of the Federal Reserve Bank experts. cussions, apparently of a most in- |
gard themselves as representing M. Simonet-Reuter. the whole
Зарал,
cotton interests of
Mr. Okada Is awaiting further
instructions before attempting to
get into touch with Manchester,
PRODUCTION.
Mr. Morgenthau said that he was formal nature, have been carried feeling very comfortable regarding on from time to time."-United
Co.
氰
{
the Government's monetary outlook. LIMITING RUBBER
-United Fress, per S.C. Gold Bar Press, per 8.C. Gold Bar Co.
“DANGEROUS LAW.”
New York Analyst Fears Stabilisation Plan.
The Japanese delegates are anxious No Definite Solution In
to re-commence negotiations
noon as possible.
AS
It is announced that steps are be-
Near Future.
The Hague, To-day.
ing taken to find a special repre-A ̈definite solution to the rubber sentative in England for the rayon restriction problem is not in sight Industry of Japan-Router.
Delegates Appointed.
in the near future, according to a high authority. Conferences are
Foreign Nations On Defensive.
May Take Measures-Ágainst ".
Cheapened Dollar
SPECIAL TO CHINA MAIL, (By Telegraph, Copyright, Telegira- phis Messages Ordinance,, 1886. Re- ceived January 30, 8,80 am) R
Wood, Washington, To-day.
- LOCAL DOLLAR RISING.
Silver Prices Again Advance.
The dollar has advanced %, opening to-day at 1/5/ Spot, sålver · rose 3⁄41⁄2 yesterday, closing at 19 9/16, while forward gained 5/16 closing at 195%
The cross rate. London on New York, in &-G.$4.98, while New York on London is G.$5.10,
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. Telegra pkid Messages Ordinance, 1894, BSLUM CLEARANCE ceived January 30, 850 am)
IN BRITAIN,
New York, To-day.
The New York annalyst says that Need For 224,515 Houses.
being held almost daily, but it la out of the question for the scheme London, To-day,/
to become operative on April. 1
The question of making the
the stabilisation proposal is one of The ⠀ Japanése Ambassador, to
schemes retrospective is most dim- The Foreign Policy Association the most dangerous laws ever con London, Mr.Matsudlara, kas formally notified the British Gay cult opting to native over-production. Yesterday, issued a statement assert templated, stripping the Federal wing that, foreign observers believe Reserve of the control of the money
that foreign nations may be forced market.
ernment of the appointment of the
Beater...
An earlier 'message stated that she had crashed, and seriously damaged her machine, but "that neither Mile: Hilar of ber mechanic, M. Prax, were injured,—Reuter,
AFGHAN PREMIER'S ESCAPE.
Assassination Attempt
Fails.
Sir John Simon recalled the de cision taken on November 22 by the Bureau of the Disarmament Conference that its work at that stage could best be assisted by parallel and supplementary efforts between the various States and the full use of the diplomatic machin-
(Continued on Page 9.)
ery.
BRITISH AIR FORCE INFERIORITY.
Increases Ordered By Other Nations.
London, To-day, Replying to a Parliamentary question yesterday, the Prime Minister, Mr. Ramsay Mac-' Donald, said he was aware of the decisions announced by the Soviet, United States, Belgian, Swins' and Japanese-- GovernI-, ments to strengthen their Air Forces forthwith. But
The British Government, he said,
were fully alive to the importance
of air power to. Britain, and to the present relative inferiority of the Royal Air Force-in terms of ‚frut
line strength,
They had made it their carnest endeavour, to secure parity for the |principal Air Forces at the lowest | lerélon (which; an international
sgreement might be" secured, --Bri-, tish. Wireless Berfice..
New Delhi, To-day, An attempt on the life of the Afghan Premier, Hashim Khan; has been made in Kanga
bul, according to unconfirmed BRITAIN'S CONCERN
OVER ROAD TOLL
New Legislation Pending.
· reports received herei The report adds that the Pro. maler received only slight Injuries but that his assailant, an Afghan, shot himself dead-Beuter
HKLAND INVESTMENT
London, To-day,
DIVIDEND "Programmed recalved, from local authorities in connection with the The Directors of The Hong Kong Government's five-year scheme for Land" ment and Agency
Japanese cotton Industry's, delega. The forthcoming marriage between to adopt defensive measure against The Journal says it is better to abolishing alums contemplated the Izd, have declared tion, including Mr. Bhimada, the Robert Shannon, Divisional Inspector the cheapened do
}∙Londow manager, of« Mitauland of Police, of the Central Police Station, Adrion, ribe
Company, sa-supresentative of the bone Joyce Coleman of Philip
Japaneda, rayon exporters.
Mody Road, Kowloon, is an
ted
Ehe balance, the Budget and return to demolishment and full ex- the gold., standardis allowing the 224,515/1
to regulato itauif 1,000,000
Csi] United Press, Dar §.0. Gold)
per
the 1988,
London, To-day, Linistar of Transport, the Oliver Stapley, yesterday. that the Government concerned at the recent returns of road accidents, sin) and would. Intro- to deal with the amb
ter British
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