1934-01-31 — Page 1

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THE HONG KONG HOTEL - GARAGE

Stubbs Rond

FEARS

· HITLER

REASSURES

FINAL EDITION

reme

Cou

"STERPRISE' #

DoWik

GENTLEMEN:

China Maill

Bat. 1843

THE OLDEST ESTABLISHED NEWSPAPER IN THE FAR EAST

Est. 1845,

Happy' Valley.

No. 28,638 HONG KONG, WEDNESDAY, JANUARY 31, 1934, PRICE $3.00 Per Month.

MAKE

YOUR

BUYWORD I

OUTFITTERS

CHATER ROAD.

FONE TONG

OF EARLY ANGLO-AMERICAN CURRENCY BATTLE LESSENED

BRITAIN

SECRET TALKS TO BE

OPENED

Press Approves Foreign BRITISH CHANCELLOR'S

Policy.

ONLY ONE LONDON PAPER

SCEPTICAL

London, To-day. Chancellor Hitler's speech has considerably allayed the former un- easiness of the British Press, which to-day extols his appeal to France to bury the hatchet.

While wishing that the allusions to Austria had been more reassur- ing, the "Morning Post" alone is openly sceptical, "because words are not always square with policy." Nevertheless the journal hopes that Hitler is sincere, and not mere- ly diplomatic in his professions.

The "Daily Telegraph" recog- nises that on an occasion when a smaller autocrat might sounded a challenge, the master of the Reich has extended a hand.

The "News Chronicle's" one re- gret is that the speech does not hint of Germany's return to the League.

"The Times" declares that it is clear that Hitler can pursue a po licy of internal reform and external conciliation with greater freedom and power than was possible by any of his predecessors. Reuter.

PARIS TAXI-MEN DEMONSTRATE

Protest Against New Petrol Tax.

CAMPAIGN OF NOISE

Paris, To-day. Taxi and other motor drivers have caught the demonstration fever and yesterday organised 'draucous campaign of protest

against the new petrol tax.

US.

ASSURANCE

TO MANIPULATE PRICES WITH NEW STABILISATION FUND

SPECIAL TO CHINA MAIL.

(By Telegraph, Copyright, Telegraphic Messages Ordinance, 1894. Received January 31, 0.12 a.m.).

¿

LONDON, TO-DAY.

THE CHANCELLOR OF THE EXCHEQUER, MR. ZEVILLE CHAMBERLAIN YESTERDAY DISCLOSED THAT GREAT BRI- TAIN IS NOT USING THE £350,000,000 EXCHANGE EQUALISA- TION FUND TO PUT THE POUND AT ANY PARTICULAR LEVEL. THE DISCLOSURE HAS STRENGTHENED THE REPORTS THAT THE AMERICAN AND BRITISH FUNDS MIGHT BE USED Co. OPERATIVELY.

It is also reported that the Etish and American mone- tary authorities are about to start secret conversations.

Dense fags have again been a feature of the English winter. Thames shipping was brought to standstill last Wednesday, and numerous accidents were reported from the city and Home Coulties. The picture shows a dense cloud of smoke and fog settling over London at mid-day on December 29, plugging the city into darkness.—(S. & G.).

This report has decreased the fears of a monetary condict. 44 OF BYRD'S

at least in the near future.--United Press. per 8. C. Gold Bar Co.

London, To-day.

EXPEDITION

IN PERIL

Referring in the House of Commons last night to the ex change equalisation fund, Mr. Chamberlain, again emphasised% that its purpose was to correct temporary fluctuations in the ex: Cut Off From Cámp By change value of sterling.

It had not been used to create an artificial value for sterling for the purpose of returning to the Gold standard or for any other pur pose and, as there was a good deal of misunderstanding on this mat- ter be added that it would be, in his opinion, effective if to used. Replying to a question, he said the £350,000,000 was still in the fund.-British Wireless Service.

U.S. FUND READY FOR OPERATION.

Foreign Exchange War Possible.

SPECIAL TO CHINA MAIL 18y Telegraph, Copyright. Telegra shie Messages Ordinunes, 1894. Re- Įrrived January 31, 8.30 a

Washington, To-day.

The United States stabilisation fund machinery has been complet. ed. It will trade on foreign mar-

They arranged meetings, literal-kets either in conjunction with or fares like the Invalides and Place in opposition to the British fund.

ly in thousands, in main thorough-

they

de l'Opera, through which streamed, hooting as vigorously as possible.

The possibility of conflict

is likely to depend upon the course of world economic de- velopments plus the move- ment of domestic commodity prices.

TREASURY TAKING OVER ALL GOLD.

Roosevelt Confers With Experts.

SPECIAL TO CHINA MAIL (By Telegraph, Comright. Telegra phic Mensages Ordinance, 1891. Re- ceived January 31, 8.13 a..)

Washington, To-day, President Roosevelt signed the Gold Bill at 3.50 p.m. yesterday. He said that abviously the first

to take over step would be

the Federal Reserves gold.

Immediately after signing, Pre- aident Roosevelt conferred with

Collapsing Ice,

FOOD SUPPLIES SHORT

Antarctic, Tod Forty-four members of Ad- miral Byrd's expedition are in peril of their lives and are grimly striving to save the food supplies which are threa tened by the collapsing ice.

A wide crevasse has open- ed between the unloading de- pot and the camp, a mile and a half away.

The dissolution of the ice covering the bay, on which the camp is situated, is rapid- ly increasing, extremely jeo- pardising the safety of the men.--Reuter.

THREE LIVES. LOST”, IN

·MAURITIUS CYCLONE

Two-Day Gale Canses Little Damage To Property

London, To-day.

A cyclone of moderate inten- sity passed over Mauritius' Sunday and Monday.

on

Three deaths occurred from

KENNEDY TOWN FIRE

Old Tenement Houses

Ablaze.

PROMPT AND EFFECTIVE WORK BY BRIGADE

BIGGER U.S. NAVY

1,184 PLANES

AND 120 NEW

WARSHIPS

Modernised Fleet Planned.

APPROVED BY HOUSE OF REPRESENTATIVES

Washington, To-day. The House of Repre- sentatives, by an over- whelming majority, yes- terday passed the Vinson Naval Bill, to authorise the building - up of the American Navy to the full strength allowed by the London Treaty by the construction of 120 new warships.

The House of Repre- sentatives also authoris-

Two buildings in Hau Woed the construction of falling debris, but no matin Street, Kennedy Town, were bad-1,184 aeroplanes to equip Flamaged by a fire which broke]

loss of property; has been ‘report-

pm. to-day the modemised fleet. The outbreak is believed to hivaThe coat of the new warships occurred in a carpenter's shop on will be U. S. 3816,250,000.3-2-

SILVER HOPES IN the ground floor of No. 11, an old- When the Bill came before the

AMERICA

Borah And Robinson Differ.

EFFECT OF POUND-DOLLAR RATE ON PRICE

SPECIAL TO CHINA MAIL.

(By Telegraph, Copyright, Tele Received January £7, 9.08 a.m.) ceived “January 11, 8,56 a.m.)

typs Chinese tenement house, with Naval Committee of the House, wooden floors and stairways.

last week, Mr, Carl Vinson, The fire spread to the adjoining the Chairman of the Com houses, which were also damaged by mittee, pointed out that the Bill fire and water, No, 13, a building had the unqualified approval of of three floors, suffering the most, President Roosevelt, and insisted the first and second floors especially, that the United States could no-

Fire engines from all stations longer be a Disarmament example. were rushed to the spot, and prompt to the rest of the world, and efficient work of the Brigade,

He indicated that the chief rea- ' under the direction of the Hon. Mr. on why the White House favoured E, D. C. Wolfe, Inspector General of a Navy limited by treaty was the Police, and Brigade Superintendent ballef that Japan will insist on H. T. Brooks, saw the fire was put feet as large as the United States or Great Britain when the present

under control within half an hour.

There was a plentiful supply of treaty expires in 1936.-Benter, water, hoses being laid down to the harbour, to supplement the

The

Washington, To-day. Senator Borah states that he is optimistle that re- monetisation legislation will the Treasury officials and monetary The first apprehension for the

| supply from the mains. be passed in the future, if experts, including the Governor of safety of the men was conveyed

There were no casualties. the Federal Reserve Board, Mr. in a wireless message

not at the present session, from Ad-

extent of the damage is at pre- Eugene black, Professor Rogers, miral Byrd, received in New York,

Apparently the silver advo-sent unknown. Professor Warren, and Governor on Sunday.

The message stated cates have not started their new Harrison of the Federal Reserve that the men were marooned in test of strength. Bank of New York, to map details camp as a consequence of the dia- The Democratic leader, Sena- The fall of American prices, for taking over the Federal integration of an ice-shelf cover-tor Robinson, has indicated that resulting in a rising dollar is like-Reserve's gold, and revaluing the ing the bay. The temperature was he does not expect legislation| ly to make the American fund dollar.

then only a little below freezing this session. United Press, MR. ROOSEVELT'S Bell dollars or purcrase gold to It was thought unlikely, how-point.

per B. C. Gold Bar Co. counteract these flurries. Op-lever, that any executive orders The flagship of the expedition posite action would soften a too necessary to carry out the pro-was drafting and unable to berth. TREASURY'S SILVER RECEIPTS JUMPING TO DEATH OVER

gramme would be signed yesterday

Ax fast as the Police erected barricades the protestants fixed new rendezvous, koeping up thoir! hideous din till long past mid- night.--Reuter.

BIRTHDAY.

Many Novel Gifts.

6,000 PARTIES RAISE FUNDS FOR GEORGIA HOSPITAL'

Washington, To-day. President Roosevelt was yes- terday snowed under with 260,000 greetings from all parts of the world on the occasion of his fifty-second' birthday..

Hundreds of

great a rise in prices.

Relatively, the same conditions as they require the most careful

prevail in connection with British deliberation.-United Press, per GRAKLE NOT FOR Price levels, so that similar ac- S.C. Gold Bar Co.

tlon by the British fund may

bring the two funds into conflict DOLLAR BELIEVED

in

a currency battle. United Press, 8. C. Gold Bar Co.

Roosevelt Signs Monetary Bill

Washington, To-day. President Roosevelt signed the Monetary Bill at 3.54 p.m. (East-|

UNDER-VALUED.

'SPECIAL TO CHINA MAIT

(By) Telegraph, Copyright. Talspra- phio. Messages - Ordinance, 1885, Res ceived January #1, 12.62.pm.)--"

Boston, To-day.

SPECIAL TO CHINA MAIL.", (By Telegraph, Copright. Telagro-

ceived January 31, 18,18 am)

GRAND NATIONAL his Messeger" "Ordinance, 1813, Be

Scratched From All Engagements.

HEART FAILURE THE CAUSE

London, To-day. Mr. R. Lyall's Grakle, winner gifts, mostly rn Standard Time) yesterday, view," published yesterday, states: been scratched from all engage The "First National Bank Re of the 1981 Grand National, has cake weighing will not be issued until to-day."

but the devaluation proclamation'

cakes, included a

250 lbs, and a

Ibs.

message

D.E.L. MAY CLOSE “OPEN DOOR'

Effect Of High Sugar Tariffs In India.

TARIFF WALLS":

SINGAPORE NAVAL CONFERENCE.

First Sea Lord Denies “Absurd Stories.”

London, To-day.

The First Lord of the Admir speaking at Leicester last night, alty, Sir Bolton Eyres-Monsell,

said that the moral strength of England was being put to a test by proposals which she was now making to the world on the grave problem of Disarmament, on the solution of which the peace of the London, To-day.

world must so largely depend. The possibility of Holland be

These proposals, he said, were Washington, To-day. ing compelled to reconsider the The United States Treasury "open door policy in the Dutch being made, not by one political [party, but by united England. Secretary, Mr. Henry Morgen. East Indies in consequence of and this fact would give them thau, has announced that the the Indian sugar tariffs was en- the greatest possible weight. silver receipts, last week, under visaged by the Dutch Minister President Roosevelt's December in London, Jonkheer Maitre". R. proclamation, were 94.921 ounces de Marees van Swinderen, at a Traders predict that the meeting in London at which a aliver, price is likely to be paper on the Dutch polley in the East Indies was read by M. more affected by the pound-

De Wilde, chief of the juridical dollar relation thin by the

Section of the Dutch Colonial prospect of immediate silver

Office. legislation United Press, per 8. C. Gold Bar Co.

The dollar is generally believ-ments this year, including the loaf weighing 256 President Roosevelt has lasueded to be considerably under-valu- Aintree classic, owing to heart

ver executive orders governing the ed in terms of foreign currencies failure,

because of our creditor position. The vet. says that if Grakle is One

taking over of all gold by the

United Prais, per S.C. Gold Bar went to the post he would most pro from Alabama Treasury-Reuter

[Co/#

bably drop dead during the race SILVER PRICES FALL SLIGHTLY contained: 40,000

Reuter names and was RT. REV. E. S. TALBOT PASSES Pres. Roosevelt, 1,280 feet long.

New York; To-day. Six thousand parties were

London, To-day.

Silver prices, declined "given throughout the United The death has occurred of the Rt. States, the proceedi, of which, Rev. Edward Stuart Talbot, D.D., amounting to millions of dollars, Britain's oldest Bishop, fathers of will be devoted to providing. Gülbert Talbot, whose memory the treatment for sufferera from in- Too: H was fourîd an a'e memoria fantile - paralysis;. at 1: Warm when he was killed in the first Springs, Georgia. --- Reuter 31. man Hould ris attack----Bauter

NANKING MAY SEND ENVOY. TO SINKIANG

“Nanking, To-day, Chinese Government Is con:

Unre: Enu

of interior to

This in the second'sensation with regard to this year's National, which will be run st Aintree on

#HIILE the favourit

the

M. van Swinderen mid- that the Dutch tariff walls against sugar were so high that anyone who tried to Jump them would amp 10

death

He dwelt on the prejudic

of the tariffs on the East

The First Lord referred, during his speech, to the ab- surd stories published et re- garding the recent meeting at Singapore between the Naval Commander-in-Chief of the East Indies and China Stations and the Admirals In Command of the Anstru» Han and New Zealand Navies. He said the meeting was mere ly one of their periodical routine talks together, Singapore was, geographicall the most natural place to meet

British Wireless Service

sugar Industry, and ap-cakan me

for the recognition of NEW GOVERNOR OF HAWAII

bensits in the trade be-

India and the Dutch East

Hawallan, Mr. Joseph B.

NOMINATE

„as Govaror of Hawail: o President: Rös