1934-03-07 — Page 1

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Est. 1845.

No. 28,567

HONG KONG, WEDNESDAY, LARCH 7, 1934. PRICE $3.00 Per Month.

GENTLEMEN

MAKE

YOUR

BERNARDS

BUYWORD I

OUTFITTERS

CHATER ROAD,

WIDE-SPREAD FLOODS

Lady Sykes, wife of the former Governor of Bombay, who has been awarded the Kaisar-1-Hind medal of first-class, for public services in India.-(S. &. G»).

the

KREUGER FRAUDS

RECALLED

Huge Commitments Of Torsten Kreuger.

JUDGMENT ON TWO BONDS POSTPONED

Stockholm, To-day. The gigantic frauds of the late "Match King." Ivar Kredger are recalled by the order made yester- day against his brother, Torsten Kreuzer, to pay & sum estimated at £50,000 to the estates of the Kreuger-Toll and Ivar Kreuger.

He has also been ordered to hind over te Greck band valued at £80,000.

Judgment has been postponed

US. URGE TO

CREATE A FAR EAST MARKET

Priest Advocates Silver Remonetisation.

"WE NEED TO MAKE SILVER THE BASIC MONEY"

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. Telogro phic Messages Ordinance, 1891, Rr. ceived March 7, 8.35 am)

Washington, To-day.

THREATENED THROUGHOUT AMERICA

NOPORTION OF EMPIRE TO SUBSTITUTE WAR DEBTS

Premier. Grants ~ Assurance

· In House Of Comanons ·

- London, Today. When asked in the House of Commons yesterday for an assur- ance that the Government would not agree to a cttlement of the war debts, as between Britain and the United Stater, by ceding any, portion of the British Empire, Mr. Ramsay. MacDonald, the Prime Minister, replied that it was self evident that there could in no eir cumstances be any question Kuch

arrangement,British Wireiras Service,"

of

Testifying before the House of Representatives Banking and Coin- age Committee, Father Coughlin, the noted Detroit priest, urged sil- ver remonetisation especially to INDUSTRIALISTS

create a market in the Orient, due to the European market for Ameri- can agricultural and industrial sur- pkues having "gone for ever."

He urged the passage of the Goldsborough Bill, amended to pro- vide broad remonetization.

"We need to make silver the ba- sic money," he asserted-United Press per S. C. Gold Bar Co.

་་

MOTOR-CAR

FACE CRISIS

30,000 Workers Threaten

To Strike.

DEMAND 20 PER CENT WAGE INCREASE & SHORTER HOURS

New York, To-day, The threat of a striks by over 30,000 workers, overhung

GOLD PRICE RISE the mater-car and motor-body

RUMOURED

Committee For Nation

Demand Increase.

OFFICIALS NON-COMMITTAL

SPECIAL TO CHINA MAIL.

building factories... at Detroit and Cleveland last night. --

Meanwhile, hte National Labour Board at Washington is working an- slowly és avert, by Federal arbitz ton; the strike, which will be tha,

most important in the motor-car

Industry.

$

The workers at the Balck, Hud- son, and Fisher body-bullding fac-

(By Telegraph, Copwright. Telegra tories, are threatening to throw celuçd March 8, 4.27 p.m.) whic, Menangra Ordinance, 1894.

·

down their tools, demanding » 201 per cent. increase in wages and a Washington, To-day. 40-hour maximum weeks, in recogni- The Rumours of a rise in the Un-tion of Union rights.-Reuter. in respect two more bondes ited States gold price are believed Torsten, who was sentenced to to be based on the report that the one year's hard labour in Decem-Committee for the Nation is deman- ber, has also to pay £75,000 to ding an increase. the stockholders of oue

It is recalled that the Com- concerns, — Renter.

valued at nearly £200,000.

of his

AVIATION STOCK PROSPECTS.

"Immediate Outlook Clouded In U.S.”

STOCK TRENDS SHOULD SOAR

SPECIAL TO CHINA MASL,

erived March 7, 10.48 α.m.)

mittee advocated other develop ments which materialised. +

The rumours are also based on the three-tenths per cent, declino| in last week's Governmental com- modity price index.

AMENDMENT TO NAVAL BILL.

10 Per Cent. Limit On Construction Profits.

102 WARSHIPS AND 1,184 PLANES

SPECIAL TO CHINA HAIL..

uhle Meannans' Orillunner, 1884- ceived March 7, 10.01 a.m.)

Washington, To-day.

INUNDATION

OF TOWNS

3 CHILDREN S

DROWNED IN

CONNECTICUT

Ice Jams Dynamited To Ease Situation.

HUDSON RIVER THREAT

New York, To-day. Wide-spread foods are threatened throughout America, as the result of the Spring-like weather

after the recent severe blizzards.

Swollen rivers in New Engled are inundating towns and farms, forcing the evacuation of many people in riverside dwell- inga.

Three children were drowned in the foods of the Connecticut River, where workmen are dyna- miting | Ice-fams to ease, the situation

Scores of communities in New York State are threatened with

submmalon.

Over '500 guests' and thousands of spectators attended the opening ceremony of the Ava Railway Bridge over the Irrawady, by H.E the Governor of Burinn, Sir Hugh Stephenson, the new bridge has taken aliyears to complete, is three quarters of a mile" long,, and his cost" about £1,125,000—(8. & G.).

N.R.A. PLAN

TO INCREASE

EMPLOYMENT

Satisfactory Survey Reported.

·PROSPECT OF MILLION NEW WORKERS

New York, To-day. play

The Hudson Aparising at 1,000,000 and Ja rate of a foot per hour, while

the Alleghenny River, in Fennsyl-vate industry is the min vania, ja sweeping away bridges immediate goal, is the and houses. Beuter

the National Recovery Adm

He believes that out of 600 in- |for, General Hugh Johnson,

INTERNAL REVENUE

IN-AMERICA,

Highest Collections For Twelve Years.

THREE REASONS" FOR INCREASE

SPECIAL TO CHINA MAIL,

dustries surveyed 30 per cent. are fable and probably willing to fur- thèr reduce working hours without

reducing wages, and that the re

}duction, will be sufficient to-absorbi j1,000,000 new workers."

The Labour Committee of the House of Representatives, has

unanimously voted for a fiat 30

hour week in all N.A.A. Industries, (By Teloemek. Compright, Telegra, subject to modification in the case mkin. Mananner Ordinance, 1885, Rx-jof labour shoṛlage and emer {ceived March 7, 9'35 a.m.}\

Washington, Today.

The Treasury Department an-

nounced that the miscellaneous

|gencies.--Reuter.

30-HOUR WEEK

U.S. Bill Valuable Threat To Industry.

NOT EXPECTED TO PASS

DRASTIC MEASURES AGAINST PLAGUE IN LOBITO REGION

Prince George Dan To Embark There In April

Brussels, To-day, Drastic measures taken to prevent the', spread of plague in the region of Lobito, where Prince' George is due to embark homeward," in "April, at the conclusion of his South African A tour date

and the roads into Lobito ́under supervision-Reuter,

IMPETUS TO

US. RECOVERY

HMS. ROBIN LAUNCHED

CEREMONY

AT TAIKOO THIS

MORNING

Fifth Gunbort: Docks Have Erected.

FOR WEST RIVER NEXT MONTH-

Compan erected at

H. M. S.

River, was Täikon Docks

Messrs.

The Rev. ER

read the prayard, and Mys wife of Commḍriott Frank O.B.E. christened

which then slowly. Blid down the alipway to the accompa are and fire-seck A very large rather

the ceremony, includia Elliott, ME of the Talimo Dock Captain, and "Mrg

Captain and Mrs. A mander and Mrs. G.12. will, Enür: Comté, PE PayComdr. B. P Cominánder B. X. “Dremi

H. L. 3. Baker,

Captain F. R 40 HE

Com Col

A:D

GUNBOAT

Mer: Greik, Ing the

short speech at the reception: hald

after the ceremony, said that, al

PROGRAMME though the vesse not- akáctly.

Huge Disbursement

By R.F.C. PREFERRED STOCK PURCHASES AND LOANS TO, BANKS

: Washington, To-day.

The Chairman of the Re-

construction Finance Mr. Jesae

announced that the

rush intó. the water it was-

lesa very gracefully, länsel {it wilővery kind of Mrs. Rafoti to

christen, the vessel.

BOMB THREAT TO CHAMBER

*

Amazing Revelation At

Paris Inquiry.

Paris, To-day,

Corporation is prepared to dis- ANONYMOUS WARNING GIVEN barse, within two months, U.S.$777,- 1000,000 in preferred, "stock pur-

chases and loans to banks for the The revelation: that an unnamed purpose of affording an impetus, airman planned to bomb the Cham- |to the recovery programme,"Va |ber of Deputies during the recent -

The R.F.C., has authorised pre- disturbance, was made bar · M. ferred stock purchases totalling Themo, a former Director of the US $1,019,000,000, bút the actual gærste Generale, before he Riots disbursement so far is U.B3477,- Inquiry Commission, yesterday, 000,000,0

Amaid that as a consequence of The House of Representatives The Corporation has likewise an anonymous warning, he tele- Labour Committee has unanimous authorised loans totalling phoned the Air Minister M, Pierre

SPECIAL TO CHINA MAIL (By Telegraph. Copyright. Telegre etved March 7, 9,35 a.m.)

The gold stocks increase in

(By Telegraph. Copyright. Telegra-ternal revenue collections, soar, considered to reflect this

Re-for the present fiscal year, are and other supposed trends.

U.B.$1,004,555,788, the highest for Officials are non-committal,

12 years, and compared with Official observers, not connect-

The United States Senate has U.8.4536,216,898 at the correspond- passed the Vinson-Trammel Na-fing date of last year. the gold programme, (By Telegraph, Copyright. Telepraed with

The The increase in due to repeal phis Messages Ordinance. 1894, Bhave privately professed their vai Bill' by 65 votes to 18,

uncertainty and inability to fore-Bill now goes to the House of Re-taxes, special levies on other.. pro- cast United Press. per S. C. presentatives, for concurrence on ducts and increased business-phis Messages Ordinanca, 1881. Be Gold Bar Co

the Senate amendment Himiting United: Press, per S,C. Gold Bar Co. warship constriction: profits to (10) per cent, to eliminate profiteering.

The Bill carries no specific appro- priation, but it is estimated that it will involve from U.S.#565,600,000 to more than U.S.$1,000,000,000 | lover seven years,

New York, To-day.

The prominent United States economist and statistician, Mr. Reger Ward Balmon, recom. mends holders of aviation stocks to take advantage of the rallies to lighten their holding,...

The long view is essentially sound, but the immediate outlook In clouded, he userts. Generally, stock trends- should go upward.---- United Press. per 8.C. Gold Bar Co.

"

MINERS CAUTIOUS IN AMERICA. Better Grade Metals Untouched.

GOLD AND SILVER SECURITY

SPECIAL TÒ CHINA MAIL (By_Telegraph, Copyright, Telegra={

ceived March 7, 8.16 am.)

TRADE RELATIONS Mapes Ordinance, 1984, Ro

IN BATAVIA.

Dutch

Kansas City, To-day, Mr. A. Chase, an official}

Prince Flies In Rainstorm

Lonuon, To-day, KL.B.H. the Prince of Wales, yes-

Washington, To-day

ly, favourably, reported on the U.S.8685,000,000 of which US$450,- Cot, to forbid aeroplanes to leave Comnery Bill, providing a com000,000 has been paid out-Bet- military aerodromes...

pulsory universal 30-hour week. ⠀⠀ter.

Observern ⠀⠀ have scouted the

It authorises 102 warships and terday flew, in rainy weather, from chances that the Bill will pass, but 1,184 planes.

London to Caterham and back to it fa believed to be a valuable Senator Nye attacked the measure make, his annual Inspection of the threat to make Industry: reduce as "A Bill for the relief of muni- Welsh: Guards, of which Begiment hours and increase wagas under tions makera."United Press, pér, he la Colonel British Wireless Ber- the Codes United Press, per 8.0. 8.C. Gold Bar Co.

D. Ivice,

Gold Bar Co.

RECOVERY FORCES IN AMERICA.

Sufficiently Potent To Succeed.

“Blustering, Bullying Navy Bill

East Indies And of the shenandoah, Dives Mining for Relief of Munitions Makers

British India,

Company" of Colorado,”” yesterday. stated that the new American gold

Washington, To-day.

SenatorNya dena

Eden Todir,policy was not resulting in eien-While Great Britain's Sawinaval"> 04 Bizion gram received here from sive mining activities, my by programme fa little criticised here, yesterday, states that He explained that mining, com- the official view being that Britain abd from Batavia thai fa- panies were disposing of low grade is within her treaty rights, America's negotiations have been ore profitably, but were leaving own new £154,000,000 Naval Expan-

'the "purpose of adeí Ing better grade metal in the ground slon Bill, providing for the

dinlercial as security for the future

The" sams" policy was

the last few

SPECIAL TO CHINA MAYLO

maphy Copyr (pes. OrdinaNOI

MOTHER-IN-LAW SENTENCED.

Dr. Alice Wynekoop Commits Murder.

* 25 YEARS" IMPRISONMENTS

Dr. All found:

of the murder

|-~He added that Inquiries into the matter had proved, fruitless, -BA-

LEVELLING TAX BURDEN

US. Treasury Secretary Favours New Bill.

CHINA MATES"