1934-02-09 — Page 1

The

new

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the dollar, on demand, closo

to-day at 1/5/3-47

FINAL EDITION

China Mail

GENTLEMEN

MAKE

BERNARDS

YOUR

BUYWORD !

THE HONG KONG HOTEL

GARAGE

kt. 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

'Ext, 1845.

No. 28,646

HONG KONG, FRIDAY, FEBRUARY 9, 1934. PRICE $3.00 Per Month:

· OUTFITTERS

CHATER ROAD.

HỒNG TONG

DOUMERGUE DROPS IDEA OF FORMING CABINET OF EX-PREMIERS

Serge Alexandre Stavisky, the Russian-born financier. who engineered the £6,000,000 Bayonne bond fraud. He was found shot

(S. & G.)

on January 8.

NEW GIANT

CUNARDER TO.

BRITAIN'S 3-DAY ULTIMATUM

AFRANCE

BE FINISHED will Impose Resistory Duties

Treasury Advances

Of £3,000,000.

CUNARD-WHITE STAR LIMITED' BEING FORMED

London, To-day.

It was announced in the House of Commons, yesterday, that Formal agreement, conditional upon the necessary assent and the pass- ing of legislation by Parliament, has now been entered into between the Cunard Company, the Oceanic Steam Navigation Company and the Treasury, whereby financial fa- cilities will be provided by the Bri- tish Goverment for the completion

ANTI-MANCHUKUO of the new giant liner known as

TROOPS

2,000 Enter Soviet Territory.

No. 534.

Unless Quotas Removed

London, To-day,

Great Britain, it is learned by Reuter, in informing the French. Government that retaliatory duties will be imposed from next Monday unless the discriminatory quotas recently imposed on a wide range of English goods, are re- moved.----Reuter.

"SAVIOUR OF

FRANCI

CONSTITUTION

RETAINED EVEN

IF AME DED

PARIS CROWDS NOW PEACEFULL

SUGAR QUOTAS IN ROYALIST PROCLAMATION BY

AMERICA

Roosevelt Proposes Strict Control

REDUCING THE PRICE FOR CONSUMERS

"

PRETENDER

Paris, To-day.

eagerness

The France to learn

names of the new Cab. inet was shown by the large crowds who were Washington, To-day.

waiting for hours.yester- Strict control for sugar was out- will also be taken to give assist-lined in President Roosevelt's day afternoon and even- Jance in the laying down of a message to Congress, yesterday,

sister-ship, but no commitment recommending the experiment ofing outside the Quai in that regard is undertaken. quotas on home production and d'Orsay, where M. Gas-

The necessary legislation will shortly be introduced. Power

A White Paper, giving the imports from Hawail Puerto Rico,

STRANGE JAPANESE REQUEST terms of the agreement was the Philippines, Cuba and the ton Doumergue, the 70-|

Harbin, To-day. Japanese authorities allege that 2,000 anti-Manchukuo

troops entered. Soviet territory on January 31 and February

1. and have appealed to the Soviet military authorities at Khabarovsk not to permit them to re-eater Manchukuo

with arms, as this would "violate the friendly and neighbourly relations of Man- chukuo, Japan and the So- viet."--Reuter.

ANGLO-JAPANESE NEGOTIATIONS.

Cotton Discussions Begin On Feb. 14.

fasued yesterday evening, and Virgin Islanda.

states that as the result of the

year-old ex-President, is negotiations sugwested by the The message alao recommends an Government, the Chairmen of the amendment to the Agriculture Ad-forming his Cabinet. two Boards recently arranged justment Act to make sugar beet terms for a merger, in a new and cane basic agricultural

cam.

Troops sto

company, of the Cunard and modities which will enable the col

courtyard in

the there

*

M. Gaston Doumergine (third from left), the new French Prem.er, seen at Claridge's Holej, London,, where he was, the guest of honour at a recent dinner arranged by the United As- sociations of Great B. itain and France. Mme. Doumergue is ween next to Lard Derby (centre) who was former y Bellish, Ambass sador to France. (8. & G.),

FEVER OF

UNREST DIES

IN FRANCE

Doumergae Inspires Confidence.

Oceanic north Atlantic interests, collection of a small processing tax and an agreement was thereafter on sugar, the proceeds of which should be any recurrence curred in many parts of France, concluded with the Treasury as will be used to compensate farmers' to the terms in which the De-holding their production down to partment would recommend the the quota level. Government to grant financial facilities.

The agreement provides that the ¡new merger company is to be called,} "Cunard-White Star Limited" or by (some other name to be agreed upon

by all parties.

In order to provide the re- vuisite finance for the comple. tion of No. 34 the Treasury will make advances not exceed-

The object of the legislation

MINOR RIOTS IN LYONS

Paris, To-day: Communist demonstrations or

yesterday, with very little effect of disorder. The crowds, except at Lyons, where, during a

| few disturbances, stones wer^| however, were peaceful, thrown and the "Internationale" having learned from a sung. The Police, however, were] is to reduce the price for con- sumers and to provide for the reliable authority that not unduly troubled.

Meanwhile, the Civil Servants'] retention, but no

M. Doumergue had aban- Union has decided to join the further ex- pansion of the home industry.

doned his idea of form-general strike on Monday. The quota will apply to raw

ex- M. Doumergue has the wholef sugar and to the 1934 crop, and ing a Cabinet of might be retroactive to January 1 Premiers, and also the Senate behind him, and also the whole Chamber of Deputies, ex- idea of an "extra Parlia-cept the Socialists and Commun ists and a few dissident Radicals mentary" Cabinet.

He is thus assured of a great "I am not a revolutionary. I body of support. shall apply the Constitution. Whe- It la now believed that M. ther it may be necessary to revise Doumergue will be Premier and it is another matter," declared the Minister of Justice. New French Premier M. Doumergue Jin an interview yesterday.

-Reuter.

ing sequence. ing in all £1,000,000 in follow- HONG KONG BANK

Firstly, advances of not exceed- jing £1,000,000 to the Cunard Com-j

pany to be secured by an issue, at London. To-day. The Board of Trade announces par, of Cunard debenture stock, the that it has arranged discussions advances to be handed over by the between the representatives of Cunard Company to

the United Kingdom and Japan- ese cotton and rayon industries

company.

the merger

Secondly, advances of not exread-

to begin at the Board of Trade Ing £1,000,000 to the merger com- on February 14.

pany to be secured by the issue, at

FINANCES

Net Profit In 1933 Of $18,645,658.

HON. MR. C. G. S. MACKIE ELECTED CHAIRMAN

Meanwhile, the Pretender, the Due De Guise, has issued a pro- clamation from exile in Belgium, of to Frenchmen of all parties, con-

ditions and origins.

A net profit for 1933 Sir T. D. Barlow will lead the par, of debenture stock of f-coms 318.646 658.12, which includes United Kindom representatives debentures stock of the merger com- $3,439,033.39 brought forward while Mr. Okada heads the Jap-Pay,

from 1982, is reported by the Thirdly, advances of not exceed-Hong Kong and Shanghai Bank- anese delegation. Reuter.

Ing £1,000,000 to the merger coming, Corporation, in the balance pany to be secured by the issue, sheet for last year.

SLIGHT RISE ON WALL STREET

Unsteadying, Effect of French Alarm.

SILVER FAIRLY STEADY

at par of income debenture stock,

A final dividend of £3 per

The following appointments are thought probable:-

Foreign Minister, M.

-

thou:

Minister of Education, M. Herriot

Minister of Interior, M. Laval.

Minister of Public Works M. Tardieu:

Beuter.

FAMOUS NOVELIST

نگر

SWITZERLAND INCREASES

GOLD HOLDINGS. Stocks Up 600,000 Francs During First Week In February

SPECIAL TO CHINA MAIL ». ¿By Telegraph, Copyright. Telepru bie "Beannana" Ordinance, 1891. Re- crived February 9, 8.30 am.)

Zurich, To-day,

An increase of 600,000 francs in gold; stooka is shown in the reu turus of the Swimsy National Bank, for, the weak ended February 7, which were published yesterday

United Presi, per 8.C. Gold Ba Co...

LEN HARVEY

WINS BRITISH

EMPIRE TITLE

Larry Gains Beaten On Points.

BRILLIANT BOXING BY NEW CHAMPION

London, To-day,

Len Harvey won the British Em- pire heavyweight boxing champion, ship last night at the Albert Hall when he outpointed Larry Gains, the Canadian negro holder, over 15 rounds.

B.S

It was a surprise win, Harvey conceded over two stones, and three inches in height It gave Harvey his fourth cham- planship within a year, his most recent title fight being against Jack Petersen, the British hold- er whom he outpointed. His other titles are the British mid- dleweight and cruiser weight.

Although at a serious dlead- vantage in weight-Gafhs topped the scales at 15st. 54lb... and Harvey at 12st. 10lb.-Harvey, by brilliant boxing gained an expected victory,

[*-* Gains ***

surprisingly Jet Harvey force the Right instead of going all out from the bell as is his usual style,

The last few rounds were award- ed to Harvey who was facing titing opponent. He darted round the ring flashing in left and rights: when he pleased.

Harvey scored the majority of his points with a straight left and pumahƐng work, with

PROVED SAFETY hooks to the body. Heuter.

FOR PLANES

The Handley Page Slotted Wing.

RIGHTS ACQUIRED BY FRENCH AIR MINISTRY

The French

concluded

an

Harvey stated after his success over Petersen that he did not tend to keep his title under glass case and would fight anyon

(Continued on Pada 19.)

DODWELL'S WIN STUBBS SHIELD.

Golf Triumph Over

The P.W.D.

Hall Beat Lincoln By 2 To 0.

London, To-day. Air Ministry have agreement with Messrs. · Handey Page Ltd. ́ ́ and

Dodwell & Co, represented by I to K. Valentine and H. H. Mundy, won Bar-have paid a substantial sum

them for the full rights of the the. Stubbs Golf Shieki at Fanling French Air Force and French when they beat the P.W.D. (K. 8. manufacturers to fix the Handley Robertson and A. B. Purves), by 8 Page slotted wings to their air and 2 in the Final. craft in French territory,

In the semi-final Dodwell's beat "The hour has come to

This decision to purchase by the Mesars. Lows, Bingham and Mat French Government was taken after thews, while the P.W.D. overcame rally the Monarchistiçal

exhaustive trials which fully- $07 the AP.C. Principle on which the gran Meanwhile, the prospect of a tantiated the increased safety deur of France was found-Doumergue Ministry has worked which the slotted wing given, ed." It states.

like magic. Francs, Hentes and

Incidentally they confirmed the Like Cincinnatus, who was other French stocks rose while wisdom of the decision of the Bri- "Class A", of the merger company share is recommended by the called from the plough to become the fever of unrest fell sharply Hah Air Ministry in standardiaing

In addition, the Treasury will, Directors. This will absorb the Dictator of Rome, M. Dou from time to time, advance to the $6,630,215,83. A sum of $1,500,-mergue has given up his quiet merger company, suma not exceed 000 is recommended to be written life on a provincial farm to an- ing £1,500.000 to provide the requi-off the Bank Premises Account, swer the call of duty, and is now site working capital.

leaving a balance of $3,462,728.10 being halled as: the "Saviour of Of this amount the first £750,000 to be carried forward,

France. Reuter, advanced shall be secured by the issue, at par, of additional deben of shareholders will be held at FRENCH BANK RATE

The ordinary yearly meeting ag ture stock of the merger company, Messrs. Jardine's Board Room on The unsettled French political and the remainder of such advances Saturday, February 24, at 11.30 situation may continue to curb shall be secured by the issue, at per. activity on the New York stock ex- of income debenture stork of the change, according to observers. A merger company, “Class B." slight recovery. In rafls and In- ́dustrials took place yesterday,

Utilities and bonds were down 'n further 10 and 08 to 29.61), and 90.70, but ralla,and-industrials-ad-| vanced 26 and 50 to 51 20 and 108.45. The commodity inder rom 58 to 54.81. - Business resched 8,200,000 shares.

pr

New York, To-day,

Silver prices opened barely steady and continued easier. Trading quist with the ata

sterling exchang Hos of, Wi

tending

(Continued on Page 0.)

LOCAL DOLLAR UNCHANGED.

Silver Rising,

The Hon. Mr. C. G. 8. Mackie

INCREASED.

- SPECIAL TO CHINA MAIL,

has been elected Chairman for (By Telegraph, Copyright. Telegra- 1984, with Mr. J. P. Warren as Messen Ordines 1886. Re Deputy Chairman. Messrs. ceived February 8.20 &M.): T. E: Pearce, T. H. I Shaw, and W. HL Bell retire from the Board, but offer themselves for re-clec tion

The confirmation of the tap «[pointment of Mr. K. 8. Morrison

The dollar is unchanged, open, who filled the cavancy caused by îng_to-day at 1/5%////

Silver-prices rose 1/16 yes

he day, spot closing at 19% and

and 25319/18/16,

the departure for Home of Mr. A. Flummer, will be asked at

John Flemming,

París, To-day The French bark rate has bee› Increased from 2,- Esper" dent. to 3 per cent,

United Prem per 8. C. Gold

REPORT

ON CHINA. Mrs. Pearl Buck Sails On Extended Tour.

Shanghai, To-day, The well-known authoress, Mrs, Pearl Buck,' salled, this morning by the Conte Rosso an extended tour through Indo- China, Siam, the Malay, State and India, fu search of materia' for articles and books, Reu- Iter's Pacific Service

Cra Pearl Back,

the fitting of Royal Air Force craft,

London, To-day, the right to do so being acquired Lincoln City appear doomed for a few years ago for £100,000 relegation. Yesterday they were The slotted wing device consiste beaten at Hall, who scored twice mainly in auxillary winglets, which without reply.Beuter. in normal flight le flat against the (Table on Page:9). leading or front edge of the wings. When an aeroplane Jones ring speed and gets into a potentially dangerous attitude, with nece up

(Continued on Page 12).

MINISTER'S ILLNESS

IN KENYA.

Colonial Secretary's

Return

NEURALIA ARRIVING

TO-MORROW.

Witch Relleves Whitshed At Shanghai