1934-02-06 — Page 1

hefty

trucks

Put

these

BEDFORD

MADE IN ENGLANO

on Your work

HONG KONG HOTEL GARAGE.

STUBES ROAD.

The dollar, on desa to-day at 1/5 7-8

The

FINAL EDITION.

Library,

China Mail

Est., 1845.

Est. 1841.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Tel. 27778.

No. 28,643

HONG KONG, TUESDAY, FEBRUARY 6, 1934. PRICE $3.00 Per Month.

Cour

GENTLEMEN:

MAKE

BERNA

NARDS

YOUR

BUYWORD !

OUTFITTERS

CHATER ROAD. HONG UNG

SIGNIFICANT SILVER INVESTIGATION BY AMERICAN TREASURY

DOLLFUSS

MAY DELAY

APPEAL

Austro-German Rift Still Acute.

MATTER MAY BE REFERRED TO BIG POWERS

Vienna, To-day.

The Austro-German issue is still doubtful. A communique shows that the Austrian Cabinet has em- powered the Chancellor, Dr. Engel- bert Dollfuss, to submit the dispute to the League of Nations, but leaves the questions of date and method to his discretion. It also empow ers him to take other action.

There is an opinion in some circles that Dr. Dollfuss may sub- mit the matter to the Powers, particularly the signatories of the Four Power Pact.

$835,000 TO BUY PURSUIT

PLANES FOR CHINA

Railway Employees' Donation For Ten Machines

Nanking, To-day.

The Chinese Ministry of Rail- ways has handed to the National Aviation Reconstruction Com- mittee a sum of $835,000 for the purchase of 10 pursuit planes from America.

The money has been contribut- ed by employees of the Gvoern- inent railways.-Reuter's Pacific Service,

BRITISH TRADE IN MANCHUKUO

Commercial Secretary

Transferred.

ADEQUATE REPRESENTATION THROUGH CONSULATES

London, To-dav.

The suggesting that a Bri- tish Trade Commissioner should be annointed to Man- chukno was yesterday made by Cont. A. V. G. Dower, Conservative member for Stockport, in the House of Commons.

ENQUIRE LOCATION

OF

STOCKS

MAY INDICATE FUTURE LEGISLATION

SILVER'S PARALLEL ADVANCE WITH GOLD SINCE LAST OCTOBER

SPECIAL TO CHINA MAIL...

(B# Telegraph. Copyright. Telegraphic Messages Ordinance, 1894.

Received February 6, 8.63 a.m.)

WASHINGTON, TO-DAY,

IT IS AUTHORITATIVELY LEARNED, THAT THE TREA- SURY, LAST WEEK, INVESTIGATED THE AMOUNT OF SILVER HELD BY VARIOUS NEW YORK CITY DEPOSITORS. *SOME

Serge Alexandre Stavisky, the audacious Russian swingar.. who organised the Bayonne bond fraud, en his death-bed at Cha- monix, where he was taken after being found 'shot in a villa near the town, It was oficially stated that ke committed suicide, but Paris is largely incredulous of this conclusion—(8. & G.).

TRADERS BELIEVE THAT THE INVESTIGATION MIGHT BE EASTERN SIBERIA

PRELIMINARY TO SILVER LEGISLATION SHORTLY.

It is estimated that 111,000,000 ounces are held in New York, although no definite figures are available: Silver has been easier recently due to the lack of a definite legislative quilook.

The United States Treasury Secretary, Mr. Henry Morgenthau, yesterday said that the Treasury had begun an exhaustivè inquiry into the location of all speculative silver stocks in the United States. Mr. Morgenthau refused to reveal the reason or the possible significance of connections with future monetary policy,

A message from Geneva states: that if Dr. Dollfuss decides to ap- peal, it is believed most likely that the League will appoint a Committee of Enquiry in accord- ance with Articles 15 of the The Parliamentary Secretary League Covenant but there, is an for Overseas Trade. Lt.-fol, D. J opinion that he may postpone the Colville in his reply, recalled that appeal indefinitely. Reuter/Commercial Secretary had been

[anpointed in August, 1930, to 're-.

ide at Harbin, but was; trans-" Treasury representatives in ferred to Peking because it was New York are compiling informa-Pittman Dashes Hopes (found that his services were more tion from the licensed silver deal-

BRITISH POLICY UNCHANGED.

"Safety Of Austria Is Essential."

London, To-dny.

urrently needed elsewhere.

formation as to who holds.specu

"We are trying to collect in- NO EARLY SILVER

ACTION silver." he said.

Mr. Morgenthau called at- tention to the fact that the silver price, since the gold programme began on October 21. had advanced 20 per cent., closely parallel to the 21 per cent, rise in the gold price.

Lt. Col. Colville raid that the ers and others. British trade interests in Man- chukuo were adequately repre- sented by His Majesty's Consular officers, but he fully appreciated The Foreign Secretary, Sir John the importance of the point rais- Simon, stated in reply to a questioned by Captain Dower, and assur- in the House of Commons yeste-day led him that the position will be that is Majesty's Government carefully watched-Reuter. were watching the situation in Aus- tria with the closest attention add-| ing that the statement of the Government's attitude, as given by him in the House of Commons on

BRITISH POSTAL

REVENUE.

December 21, allll represents their Big Rise In Surplus For policy in the matter.

(Continued on Page 9.)

HAI NING STILL STRANDED

Efforts To Move Her Unavailing.

SVALE RETURNS TO HONG KONG

The Coastal steamer Hai Ning of the Douglas Steamship Com- pany, which ran ashore

near

Last Fiscal Year.

London, To-day.

The Post Office commercini AC- counts for the Onancial year 1932/33| have been presented to Parliament by the Postmaster General.

For the year ended March 31 last Post Office business resulted in a

The Treasury announced that 214,657 ounces of silver had been received for coining up to Feb- ruary 2. United Press. S. C. Gold Bar Co.

SILVER RECORDS

AVAILABLE.

Metal Exchange Transactions.

SPECIAL TO CHINA MAIL..

per

(By Telegraph, Copyright. Telegra- npi surplus, after charging In-phic Manangra Ordinance, 1894. R. compared with tereat on capital, of £11,055,717, as ceived February 0, 0.20 0.m.)

£10.631,794

In

| 1981/32.—British Wireless Servica.

Swatow late on Saturday even- STOP PRESS

ing, is still aground. and, des- pite all efforts by the .s. Hal-

ching, also of the Douglas fleet CAPTURE OF PINGLO on Sunday afternoon, remains firmly embedded in the sand,

The .s. Svale of the same line

is returning to Hong Kong from the scene of the stranding.

REPORTED.

Ninghsia Besieged By Sun Tien-ying.

BENEFITS

"Lower Grain Tributes

And Higher Wages.

Moscow, To-day.

The salaries of the Red Army troops in parts of Eastern Siberis and Transbaikal will be raised by

■ decree signed by M. Stalin and

SOVIET - POLISH

RELATIONS Important View Held

In Warsaw.

"NO DISTRUST OF HITLER" Warsaw, To-day

The Polish Government attached

M. Molotov, according to the Tass great importance to the develop News Agency The decres also ment of closer Soviet-Polish rela effects rise of 10 to 30 per cent tions, stated M. Joseph Bock the jia the wages of once workerk, ****

Foreign Minister, in his and the Foreign Commission of the Senate yesterday.

Collective farms and their workers are relieved from ob- ligatory grain de iveries to the

State for six years, and indivi-

He said that Poland in no way dual peasants for three years.

shared the practically universal dis- The measures are intended to fa- trust in Europe with which Chan- Recilitate the labour conditions of cellor Hitler's rise to power was

the workers and the economie con-greeted,

SPECIAL TO CHINA MAIL...

(By_Telegraph, Copyright. Telegra shir Mercer Ordinance, 1881. ceived February 6, 1 p.m.)

Washington, Later.

No silver move is imminent In the United States, accord- ing to a statement made by Senator Key Pittman, Chair- man of the Senate Foreign Relations Committee, yes terday, United Press, per S. C. Gold Bar Co.

SILVER MYSTERY.

Pittman's Amendment May Be Used.

New York, To-day.

The silver mystery has been

ditions of the settlers in these re- gions and in the Burlat-Mongolian Republic.Reater..

A SHORT REVOLT BY TUNGANS

Chinese Turkestan Fighting.

URUMCHI SURVIVES

Moscow, To-day. Severe fighting is reported to be raging in Chinese Turkestan between the Pro- 'vincial troops and an army of Tungans, commanded by Gen- eral. Ma Chung-yin.

deepened by Mr. Henry Morgan-

General Ma is reported to possess thau's cryptle remark that since October 10 the gold price has ad-vaat supplies of ammunition but h vanced 21 per cent, and the silver has so far failed to take Urumchi. New York, To-day, Experts bere call attention to price 20 per cent, and also by his His troops have suffered heavy the fact that the Treasury could non-committal answer to questions losses while Loyalist reinforce learn the extent of the silver con- as to whether the Government sus-ments are rushing to support the tracts through the records of the pects illegitimate activity in silver Urumchi garrison.

ALARM IN PARIS

30,000 POLICE

AND TROOPS

AVAILABLE

Many Rumours Of Revolution.

>

· MACHINE-GUNS MOUNTED IN CHAMBER OF DEPUTIES

Paris, To-day.

The city was full of the wildest alarmist rumours yesterday in which the words “Coup d'Etat” and "Revolution" were freely bandied.

Thirty thousand Police, gendarmes and troops are available to quell any violence, though it is improbable that troops will be con spicuous unless the Police are overwhelmed.

According to the Action Bre mounted in the Cham Deputies itself; but trade is stopped-for "mile round" the: Chamber, they are not likely to be used. "If there is a single demon- the warning given by the Minis stration, you will be dismissed" is

ter of the Interior to M. Chiappe's

From the very first, the Polish successor, M. Sibour, Chief of the and German Governments had Paris Police, and the warning has been passed on to the various found a means of treating their Police chiefs, -Beuter problems which would form a basis for working out more permanent | relations.

Studies of the Danzig question would doubtless furnish a favour- able method of collaboration, he said-Reuter.

CABINET STUDIES

DISARMAMENT.

Debate In Commons On British Note.

London, To-day. The Cabinet Committee on Disarmament studied the lat est phases of the situation yesterday.

Today Sir John Simon, the

National Metal Clearing Associa or whether some farther monetary The Tungans are reported to b-Foreign Secretary, will participats

tion which is connected with the action towards silver is imminent, abandoning the revolt and surren National Metal Exchange which is perhaps by utilizing Senator Key dering thele arms.---Beuter. a branch of the Commodity Ex- Pittman's amendment. change.

L

...

names of in-

The latter has declined to make ļa statement. It could subpoena the records of the Metal Exchange) members for the The Kowloon Dock's salvage, turi

dustrial traders, It is not known Henry Keswick left Hong Kong]

whether this has been done. Peking, To-day. yesterday for the scene of the

Experts state that many who stranding, but although she fo” in

Chinese advices report that Pin:: wireless communication with the glo a town 33 miles from the clly were forced to surrender gold are

now hoarding silver, Dockyard, no news has yet been of Ninghsia has been captured by counts are reported to be large...ed received from her.

| the-troops of General Sun. Tien- Captain Walker, skipper of the ring, who killed the commander of United Prège, per S.C. Gold Bar

the defenders and 4,000 of the gar«

•

The explosion of a mine near

Hai Ning, who was transfered from son: his vessel to the .. Cremer and brought back to Hong Kong, was Fingio is stated to have killed. 700| yesterday admitted to the Kowloon work people. The invaders heve Hospital suffering from suspected iso occupied the chingchisien dis- typhold.

Inquiries made this afternoon trict near Pingla.

-reveal, no change in the condition.

Bome 10,000 of Bun Tien-ying'a

¡Co.

Many ac

New Record Gold Price.

London, To-day. of gold yesterday rose

of Captain Walker. The hospital troops are estimated to be besieging 1/9, to a new high record of £7 an authorities can make no bairs Nipshala, which is still held by the Provincial troops Reuter's Paclic Bezi

statement at present, but a bloody test has been made and the result will probably be known

Borrow.

Meanwhile the Treasury's dally statement has listed the gold holdings at U. 8. $7,020,

·000. The increase is attribut- od to imported gold

The statement also indicates that the stabilisation fund is not yet | working,

The Federal, mints have rucoly...

117,654 ounces of allver-Beuter,

LOCAL DOLLAR UNCHANGED.

Silver Declines,

The dollar is unchanged, opening W-day at 1/8.

Epot allver declined 6/16 roster day, clouing at 195%, whi dropped, 1⁄44, closing sold in the London bul The crômỷrata, fər

ห

After

A total of, about £1,540.000 worth

of gold"

GRIMSBY WIN AT PORT VALE.

Big Step Towards Promotion,

London. To-day; Grimsby Town took a big step towards promollen to the premier soccer · lengue yesterday when they beat Port Vale on their own ground by, the only goal: scored,

FRANC DECLINES IN PARIS.

Due To Attacks By:

Political Party.

Paris, To-day.

The steep rise of dollars and aterling in Paris, yesterday, did not result from the fundamental weakness of the frane, according [to impartial observers, who - để... duce from the fact that forward premiums on sterling rose to "60 centimes for one month and to 1 franc 60 centimes for three months, that the market was mani- pulated from the outset by jop ponents of the Socialist Party who are seeking to discredit it

The price of gold in Landon

parity with the franc rate, as.. in the Commons debate on the redno longer responds to true sent British memorandum on Dis

few operators can undertake Armament–British Wireless Ber-

to ship, gold, owing to the nn=" known factor constituted the sterling rate

vice.

BULGARIA'S VIEW OF BALKAN PACT

League Machinery Preferred.

Sofia, To-day

Bulgaria's attitude to the Balkan Pact, which was initialled by Gresca, Turkey, Rumania and Yago-Blavis, on Sunday, has been made known.

Technical, dimeplties of shipping gold freely from Paris is also reme sponsible for the rise in sterling, as gold shipments o

'cannot "suf- ficiently compensate the demands for starling-Reuter,

GERMAN POLISH PEACE PACT.

Satisfaction In Britain.

Southampton recorded two valuable points as the result of {. It is semi-officially, siated that a home win over Swansea by a she prefers a pact of non-aggTAS HO single goal. The Welsh Club are slon within the League and fo now, thind from the foot of the conformity, to the Kellogg Pact as table

www the best means of strengthening nisby have now established peace in the Balkans, Kapoo

points over Brentford Port Vale after hay the same number of

Despite the efforts of the signa- jorles, Bulgaria has declined to become party to the Pact, the text of which has not yet been dis closed-Router.

Ber