1934-02-16 — Page 1

The

new

BEDFORD

TRUCK

THE

The dollar, on demana, closed

to-day at 1/5.78;

FINAL EDITION

China Mail

Bal 1843.

Est. 1845.

HONG KONG HOTEL

GARAGE

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,651

HONG KONG, FRIDAY, FEBRUARY 16, 1934. | PRICE $3.00 Per Month.

Court

GENTLEMEN:

MAKE

YOUR

BERNARDS

BUYWORD !

OUTFITTERS

CHATER ROAD.

HỒNG KONG

GOVERNMENT PREPARING NEW CONSTITUTION FOR AUSTRIA

SILVER BILLS

EXPLAINED BY

SPONSORS

U.S. House Coinage

Committee.

REMONETISATION AT 16 TO I ADVOCATED

SPECIAL TO CHINA HAIL.

(By Telegraph, Copyright. Telegra- phic Mages Ordinance, 1804, Re crived February 16, 8.28 a.m.)

Washington, To-day.

The House of Represents- tives Coinage Committee yes- terday began the hearings of the Bills introduced by Mr. Scrugham and Mr. Dies.

Representative Scrugham, of Nevada, testified that the butstanding Senatorial silver advocates approve of his mea- sure, which provides for the Government purchase of silver until it gains a purchasing power equivalent to 16 to 1 with gold. It is identical with Senator Wheeler's Bill.

He said that it was better than a straight 16 to 1 mone- tisation Bill because it author- ised redemption by value in- stead of weight, thereby minating the possibilities that would speculative holders profil, exorbitantly.

Representative Dies said that his Bill would broaden currency's monetary base and increase the purchasing pow- er of silver-using nations and benefit the farmers through placing an increased amount of currency in their hands.United Press. per S. C. Gold Bar Co.

AMERICA'S COTTON

PRODUCTION.

12,150,482 Acres Less This Year.

---

BRITAIN RETALIATES

AGAINST FRANCE

TRADE DISCRIMINATION

PROVED

BRITAIN CONTINUES TRADE WAR BUT IS READY TO NEGOTIATE

LONDON, TO-DAY.

THE HOUSE OF COMMONS, BY 169 VOTES TO 44, YESTER- DAY APPROVED THE GOVERNMENT MOTION FOR RETALIA- TORY MEASURES AGAINST FRANCE IN CONNECTION WITH THE QUOTA DISPUTE AFTER THE PRESIDENT OF THE BOARD OF TRADE, MR. WALTER RUNCIMAN HAD ANNOUNCED READINESS TO NEGOTIATE, CONDITIONALLY, WITH FRANCE, SECURING THE EARLY REMOVAL OF THE DIFFERENTIATION AGAINST BRITAIN AND BRITAIN REMOVING THE RETALIA- TORY DUTIES.

The Labour and Liberal members criticised the Government's action as precipitate and dictatorial. Others, including Sir Aus- ten Chamberlain, stressed the need of an understanding and urged the utmost efforts for friendly negotiations.

Mr. Runciman, moved a motion to approve the import duties foreign discrimination order. This measure impesses a 20 per cent. "ad valorem" duty over and above the existing customs duties upon certain classes of goods produced and manufactured in France.

The order was framed with a

view to effecting a reduction ofjwere warded that if the représenta, importa from France équivalent tona wers disregarded the British. to the reduction in British ex- Government would have to take portato France resulting from action, and in Novembar, a month's the French differential quota re-notice of a special duty was given strictions.

and the French Ambaanador was Mr. Runciman, who expressd re-informed that the tariff truce gret that it should be necessary to would be denounced and they move this order, traced the course would thus be free of the Lausanne of events for the last two years undertaking.

Britain's" £7,500,000 battleship; H.M.S. Nelson, aground on the shingles at the entrance to Portsmouth. Despite many attempts to free her, she remained aground for nine hours. A dès troyer is seen being utilised to create a wash while a tuge is trying to pull the giant battleship into deep water (8. & G.).

DOUMERGUE

RECEIVES VOTE

OF CONFIDENCE

Great Ovation For Premier.

"BALANCED BUDG TARD

STABLE CURE

The French Chaißber of Droutles has passed a vote of confidence in the new Gove cmment by 402 votes to 125. 'Sixty-eight members - ab- stained from voling. The whole Chamber, with the exception of the Communists,

FRENCH DISARMAMENT - NOTE CONSIDERED UNHELPFUL

"Repeats Allegations Already Disproved By Germany”

Berlin, To-day. Government quarters in Ger many consider that the French note delivered here on Tuesday evening, does not help to bring Disarmament a step nearer solp- tion, as it repeats the milegaišana. stready disproved by Germany,

It is noted with satisfactionų however, that the note does not close, the door to further negotia- tions.

duo Germany will reply in course-Renter,

which had led up to it. He recall- in November, the attention of the exve a great ovation to the Pre- GERMANY AND

ed that in November.

1931. the French Government was called to mier, M Gaston Doumergue, as

French upplied a 15 per cent sur-Britain's most. favoured nation he entered. The Ministerial-de- tax to British goods.

In February, 1932, the sur TAX

from coal, was removed but in a Bill of the same year, the French impart turnover tax was increased and that also a discriminat.on against British trade.

French At Lausanne, the British Governments promised not

WI

rights in regard to the quotas, which-laration was cheered phrase by were then becoming important,

at phrase. which the French proposed that if} the claim for abolition of surtax: were withdrawn, the British quota would not be reduced.

(Continued on Page 9)

M. Doumergue appealed for a Party truce and em- phasised the necessity of a balanced Budget and stable currency as prelimin aries to recovery and the

of unemploy

suppression and

to discriminate against each other. There were, at that time. two taxes

TRADE AGREEMENT

WITH RUSSIA.

which had been imposed upon Bri- To Be Signed To-day

was not

In London.

ment

A

M. Doumergue will insist on voting the Budget before March {1.-- Beuter.

(Continued. on Page 9)

“STORMTROOPS" ARE SOLDIERS

French Disarmament Reply To Berlin.

Paris, To-day.

Washington, To-day. tish imports and which had to bej The 1934 American cotton paid by British traders, namely. programme has been finally de surtax and turnover tax.

London, To-day. cided, according to an announce- Although Britain naturally ob.

The Anglo-Soviet temporary Com- ment made by the Farm Ad-jected in principle to receiving worse mercial Agreement will be signed at ministration.

terms than any other nation. the ob the Foreign Office to-day. Contracts have been signed toljection

on the ground The signatories for the British withdraw 12,150,482 acres from of theory alone. Britain had most Government will be Sir John Simon, production. Reuter.

favoured nation rights with the, the Foreign Secretary, and Mr. French under the Convention of Runciman, President of the Board MacCRACKEN FREED. 1892, and expected that those under- of Trade, and for the Soviet Govern. That Nazi "Storm Troops" takings would be respected, but the ment Messrs. Maisky, Soviet Am-must be counted as soldiers is an Pending Appeal Against surtax and turnover tax both bassador in London, and Ozeraky, outstanding feature of France's

operated against Britain

very head of the Russian Trade Delega- reply to the German Disarma- Contempt Sentence. noverely.

tion.

ment memorandum of January The Text of the Agreement will 19.. Washington, To-day. casos, of that of wireless apparatus, be issued in a White Paper on Mon- Mr. William MacCracken, who which was subject to a customs duty day-British Wireless Service,

He gave an instance, among other

was Assistant Secretary for Com-of 22 per cent, an exchange com- morce in the Hoover Administra-pensation surtax of 15 per cent, and tion, and who was sentenced to 10 an import tax of 8% per cent, mak days' imprisonment for contempt ing altogether 45% per cent, ad of the Renate in connection with valorem, the challeged air mall contract acandal in America, has been freed, pending his appeal,-Beuter.

SMALL DEPOSITS IN

U.S. BANKS.

Insurance Bill Extended.

"Although heavy, this would have been borne with equanim- ity if the French had not grant- ed to Belgium re'let not grant- ed to British. Belgium Importa paid 24.5 per cent as against the 45% per cent paid by the

British. The same figure art plied to Italy, i

CAR FALLS INTO HARBOUR,

Runs Backward While Being Started.

MR. SEWELL'S MISHAP.

Mr, C. W. Sewell, manamer. of Messrs. Robertson and WEson, [reports" that" at. about 180 this] morning he went to start up his In the case of woollen and car. No. 2806, a two-seater Fly- Washington, To-day, Worsted tissues, Britain was called mouth which was parked in President Roosevelt has pon to pay 8,294 franes, in taxes Connaught Road Central, near submitted to the Senate Bank and Belgium and Italy only 1,686, Blake. Plar.

ing Committee, a Bill providing He claimed that the British The car, which was amarently a year's extension to the tem- Government had been very patient, in gear ran backwards porary Bank Deposit Insurance considering how their traders suf- hung half-way over the ses Bill which permits the Govern. fered. They protested in August, Eater, while efforts were ment to guarantee small depoelts 1932, and raised the 4

In certain banks after examina» many tion by referees. Reuter.

autumn," the French

"tor în]] (t-back 1yondway, it fell into the hart ¡No one was injured.:

It flatly rejects all the Germanƒ. propositions and declines to an- swer the series of questions at- tached to the German note. ..

The reply has caused dis- appointment in Berlin although It is noted with satisfaction that ́it does not close the door to fur-

|ther negotations.

Germany will reply in due course. Reuter.

ATLANTIC CRUISE FOR U.S. FLEET, Returning To Pacific, Coast In November,

Los Angeles, To

Admiral Sell

Chlaf-of thos

which::starts in

CHINA

Closer Understanding

new

Advocated.

Berlin, To-day. Mr. Lia Chung-chieh, the Chinese Minister to Germany, was the guest at a luncheon given by the China Club of German In- Many dustry yesterday. Government members and Nazi lenders and prominent

Industrialists were present. Mr. Liu Chung-chieh stressed la desire for a closer understand- [ing between China and Ger- many. China was now passing through a serious period, but would emerge triumphant, he] said. Reuter.

+

•

LOWER WAGES ON U.S. RAILWAYS.

Roosevelt To Limit Reduction.

UNEMPLOYMENT RELIEP COSTS $950,000,900

Washington, To-day,

• President Roosevelt ⠀⠀han signed a Bill providing U.S.- $950,000,000 for unemployment relief...

“NO NAZI REGIME IN AUSTRIA "

Prince Starhemberg Emphatic.

GERMANT

UNION WITH

PRESENT

"There #no poslitbi Nazi regime in Aunt clared Prince Stari Commander-in-Chief of the "Heimwehr," in an interview with the Linz correspondent of the London "Morning Post."

There was a brutality about Nazism, he said, which was repellent to the Austrian The Anschluss could not be seriously considered at pre

sent.

war.

It would precipitate.

They must now have an unchecked Dictator in Austria until the new constitution was in proper working order, he asserted--Reuter, “

TREATY WITH KING

OF YEMEN SIGNED.

40 Years' Friendship Guaranteed.

London To-day,

Lord Plymouth.

In the House of Lords yesterday Parliamentary

NATIONAL WELFARE

UPRISING

REVIEWED BY

DOLLFUSS

LOYALTY OF ARMY AND POLICE.

MAJORITY OF WORKERS ABANDON SOCIALISIN

Vienna, To-day. The uprising in Aus- tria was yesterday des- cribed as a criminal adventure and sheer madness, by the Chan- cellor, Dr. Engelbert Dollfuss, in an exclusive interview with Reuter.

He emphasised that, simultaneous with the outbreak of the revolt at Linz, where the Socialists fired on the Police, orders were issued for a general

tria, but thanks to bravery and loyalty the Army, the Police and the Gendarmerie, the re- volt had been overcome comparatively soon.

He expressed pleasure that a great number, had volun- tarily laid down their arms and had declared their future loyalty to the Government.

The fact that the order for the general strike was almost unheeded, was proof of the complete change in the mental attitude of the majority of workers, who had morally already aban-" doned Socialfern and had a cepted the Government's, ideas of the new order,

He stressed flat a new consti- tution was being prepared to

safeguard the full rights of the working classes, to eliminate {class warfare, and to co-ordinate

all forces for national, welfare Reuter.

"EXODUS OF JEWS FROM VIENNA,”

Under Secretary for the Colonies, Report Promptly Denied.

London, To-day,

said that the treaty signed a few {days ago between the British Re- sident Minister in Aden, and the Iman of Yémen dealt with several] The report that an anti-Bemi matters which had caused friction tie drive has started in Vienna for, some years.

and the mass exodus of Jews bo- The treaty was for 40 years and gun, is categorically denied in an guaranteed the independence of official statement received at the the King of Yemen and the main Austrian Legation in London,

Beuter. [tenance, of peace and -- friendship [between the contracting parties,

Great credit, said Lord Ply Įmouth, was due to the British Re-

- Following the managern of rail-jsident Minister for having at last |ways notifying him that a 15': per negotiated the treaty-British

cont reduction in the pay of rail-Wireless Service, you waymen will begin on July 11|||

President Rodervelt has asked a HUGE US, TREASURY. ISSUE railway executive to extend the]

existing 10 per cent, wage reduc

Hon agreement until December: 81

OVER SUBSCRIBED

Questions In House Of Commons.

BIR JOIN SIMON RETICENT

London, To-day

In the House of Commons gestar. day the Foreign Secretary, Biz, John Washingtod, To-day,!: |Simon," was asked by the He declares that conditions are The subscriptions for the Leader of the Opposition, not yet sufficiently stable to par United States Tread mit, wise determination in regard 1.8; $800

In the future.

sure the goal of national TB,18,617,000,000 But The Treasury! lish- bids for: US$

of 31-days' Treas February 21,

Fissue of R. Attide whether,, In

of bonds

totálied bills. De dévélopin