1934-03-16 — Page 1

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FINAL EDITION

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No. 28,675 HONG KONG,

FRIDAY, MARCH 16, 1934.

PRICE $3.00 Per Month.

GENTLEMEN

BUYWORD !

MAKE

YOUR

BERNARDS

OUTFITTERS

CHATER ROAD.

RATIFICATION OF LONDON SILVER AGREEMENT FAVOURED IN US.

BARRACKS

CONSTRUCTION.

IN HONG KONG

£500 Queried in the Army Estimates.

www.

TOKEN VOTE TO COVER ENQUIRIES

London, To-day. The House of Commons last night agreed on the Army estimates.

Replying to the debate and re ferring to the fact that the esti mates contained a sum of only £600 in respect of barracks con- struction in Hong Kong, regard- ing which Sir Francis Acland had commented, the Financial Secretary to the War Office, Mr. A. Duff Cooper, said that the £500 was a token vote to cover enquiries.

The whole matter would again] come before the House next year, when there would be an op- portunity to fully consider it Reuter.

Additional £450,000 For Singapore.

PROTECTION OF BASE

A sports photograph of Lord Nuffield, better known as Sir William Morris, who was elevated to the peerage in the New Year's Honours.—(8. & G.).

THE N. ATLANTIC SHIPPING BILL Progress On Cunarder

Almost Assured.

STATEMENT IN COMMONS

London, To-day. The North Atlantic Shipping Bill Referring to the additional passed its third reading in the £450,000 sterling required this year House of Common last night, for works in Singapore, Mr Duff) Cooper, earlier in his reply, said without division-Reuter.

The third reading of the North that there must be troops for the

Reuter.

London, To-day.

WOULD HELP TOWARD

STABILISATION

ADVOCATES NOT WHOLLY DISINTE RESTED

PRODUCERS GAMBLING ON PRICE

· SPECIAL TO CHINA MAN..

By Telegraph, Copyright, Telegraphic" Messages Ordinance, 1991. Received- March 18, 8.35 4.0+).

Washington, To-day,

After conferring, yesterday, with the House

| of Representatives member, Mr. Somers, of the silver issue, the United States Treasury Secre tary, Mr. Henry Morgenthau, said that the inves tigation of speculable holdings of silver had shown that some of the silver advocates were not wholly disinterested in their views.

The Treasury, he said, was constantly study- ing the problem and felt that world ratification of the London Silver Agreement would go a long way towards stabilising prices.

"I have an open mind on the next silver step," he as long as things are getting better, it is the time to sit tiği I have still got to be shown that silver alone is a

The Administration, he continued, "had, found a of circumstances which were pulling the country.com -pression, and therefore, he added, “as long as, thế

working, why: chan

protection of the base, and also anti-Atlantic Shipping Bill, which SILVER LEGISLATION

financial aircraft artillery and personnel. makes the necessary

provision for assisting the com- pletion of the new Cunard liner, No. 534, and for the merger of| the two British North Atlantic Shipping Companies, was debated

NEW TERRITORIAL ARMY BRANCH.

Royal Defence Corps Being Recruited.

TO RELEASE FIT MEN FOR ACTIVE SERVICE

in the House of Commons last

[night.

During the committee stage on

| Wednesday night the attention of the Chancellor of the Exchequer, ¡Mr. Neville Chamberlafu, was call- led to reports from New York of the proposal to seek an injunction to prevent further progress with Introducing the Army estimates the merger. The Chancellor, when in the House of Commons, yester questioned yesterday

London, To-day.

day, Mr. Duff Cooper announced

the creation of new branch

of

afternoon, (Continuad on Page 9)"

MAY BE CHANGED

the Territorint Army, namely, the DISARMAMENT PLAN Royal Defence Corps, recruited from men, preferably ex-Territor fals or ex-regulars, who were no longer åt for active service and who could be used in an emergency to protect vulnerable points.

During peace, they would be en- rolled under territorial associations SHORT AND LONG TERM POLICY and would only be under the honour- able obligation to serve during an

+

British Decision Given -

By Lord Stanhope.

London, To-day.

emergency, when they would receive If necessary, the Government « £5 bounty in addition to the nor-will not hesitate to aller the Bel- mal rates of pay.

fish Disarmament memorandum.

The purpose of the new corps is even on the fundamental principle, to release fit men for active service. declared Lord Stanhope, replying ---Hauter.

to the Disarmament debate In the House of Lords, yesterday.

U.S. AUTOMOBILE

CO. UNIONS.

Employees Must Be Members.

GENERAL MOTOES PROTEST"-"

SPECIAL TO CHINA MAILA ¿By Teleprapki, Comrisht Telegra» phin"Memagan. Ordinance, 1895,/Ro solved Harshits,

As soon as replies from, the ¡various nations have been recale: jed, the Government will lose no

HELD UP..

Speculators Possess

Enormous Holdings.

GOLD PRICE EXPECTED TO REMAIN UNCHANGED.

SPECIAL TO CHINA MAIL

*but

The lying-Inslate of King Albert of the Belgiani, in the Cha pelle Ardente in the Royal Palace, Brussels, when thousands of people of all classes gazed upon the face of the beloved king the the last time—(B. & G. official photograph).

POPE IMPRISONED

IN LIFT

10,000 Pilgrims Wait Ten Minutes.

NVEYANCE ̈ ̈ ̈FROM VATICAN

TO ST. PETER'S FAILS

Vatican City. Today, Failures of the recently installed lift from the Vatican to St. Peter's led to yesterday evening.

EUROPEAN

ECONOMIC

PARLEY

Important Political Declaration.

NOT FORMING A BLOC

Although that the Italian Premier the Austrian bert Dollfak Premier,

not been

that an important pel

To-day.

etween the Mussolini,

Engel Hungarian

stion will be foranda da

When the three statesmen re-meet to-day,

The declaration, which is ex- pected to be published simul- taneously with the official com- munique announcing the three Powers' decision to work for the STRIKEconomic restoration of Central Europe, will categorically, afirm that they are not forming a bloc. against other Central European States.

GAS AND ELECTRICITY

THROUGHOUT CATALONIA

28,000 Affected By Move-

'Paris, To'day.

A strike of the employees of all the gar and electricity undertak- ingr throughout Catalonia, RowIA declared at midnight, secording te 4 meage from Barcelona, There are 28,000 workers affected

The technical services of the Army have pecupled the powe

MESSAGE

He showed that the charts of Ten thousand, pilgrims were NO US. WAK- wholesale prices in the United waiting for His Holiness the States were rising faster tha Pope to participate in the adora- those abroad. He Indicated

tion at the Blessed Sacrament, that he was not sponsoring an and the brilliant Papal proces immediate change in the Adminion had formed up at the church with the Swiss Guards and the istration's programme.

The President had the power to do a number of things to sil- great Gestatorial Chair, carried by 16 scarlet-clad servitors ready ver if he thought the action was to bear the Pope to the high al- necessary, Mr. Morgenthau said. tar, when the electric-lift in The Treamity indicated that which His Holiness and the many producers were not sending Master of Ceremonies had just metal to the mints, indicating entered, stuck. Bthat they are gambling on the price: United Press, per 8 Cå Gold Bar Co.

(Ny Telegraph, Copyright. Telegre to Messages Ordinance, 1891, scived March 16, 9,51 am.)

New York, To-day, The general opinion here is that there is small chance of any silver legislation. In the Immediate future. "Observers expect lower prices first. The long view is a slow but steady improvement Speculators are holding over 200,000,000 ounces in Ameries,

The gold price is expected to be unchanged for a few months. Rubber is depending on restriction Wheat will, ultimately, be higher,

United Press, per B,C. Gold Bar

TREASURY BILLS ON MARKET.

For Highest Bidder On Discount Basis.

time in working out not merely a Washington, To-day.

abort-term, but a long-term policy

FRENCH GOLD RESERVE.

Increase For First Time Since August.

WEEKLY RETURNS.

SPECIAL, TO CHINA MNIE By Telegraph, Copyright, Telegra

*Messages Ordinanos,↑ 1331 Mar ceived: March 16, 10:21 "um) = 25

Paris, To-day."

It was 10 minutes before the current was restored and the Pope was enabled to join the procession. Reuter.

Roosevelt Avoiding Protracted Session.

PRESIDENT'S FISHING TRIP

SPECIAL TO CHINA MAILS -

(Dy Telegraph, Copyright, Talagra Massages Ordinance, 13ph, Re

ceivert March 18, 3626 am.)

Washington, To-day,

11:On the contrary, they wil appeal to the nelabbouring States, * particularly many and the Little Entente to co-operate' in reaching' solution.

Optimismy la expi ||Italian circles at the

the

SOVIET PROTEST TO JAPAN

Light Bomber And Two

Pilots. Demanded,"

~ MANCHUKUO ACTION.

Moscow

The Soviet: arefr - seríat has instructed It is reliably learned that Pre- Ambassador to Tokia **sident Roosevelt han privately in urgent representations

US. CERTIFICATES,

EXCHANGED.

Small To Be Retired In Cash

SPECIAL TO CHINA MAIL (By Telograph

March,

Secreta Henry

For the first time since August, Mr.

returns show is in- annoɑnced the Bank of France's out of the US, Acates maturing

show: 78,008,000,000 exchanged for the Frease

of 81,488,000 leaving less than the week-United be retired

per S.C. Gold Bar Copper B.D. Gold Bar Co

000% certi

wers

tring,

for the security and peace of the The United States Treasury Mr. Runciman To See Japanese

world, he declared. Reutar

AMERICAN INCOME TAX COLLECTIONS,

Big March Ind

Becretary, Mr Henry Morgen-

thau, has invited bids for

US $100,000,000 worth of 9 Ambassador on the Textile Question

day Treasury Billa, 21 maturing, on Jun

March:

Sovies make

the formed the Congressional leaders Japanese Government in regard that a war debta mesange la not to the return to the Soviet of the forthcoming this session.

Boylet light bomber and two

* Observers are, of the opinion pilots who were detained by Man that the President is anxious to chufian jauthorities after land avoid protracted sesalon.

ing. In the Mishan districi March 11

In many quarters it is predicted that Congress will be ready to journ after the middle of May:

"President Roosevelt Fachting ishing trip at

United Fress, par

on May Gold Bar CoKION FACE

US. AIR MAIL FRAUD.

rtling Allegations

Forw

adMilitary authorities in Harbin have refused a previous request made by M. Slavatsky, the Noviet Consul-General, on the ground that the luvastigation is incor 3.G. piste: 5.

The Manchukno Foreign Min istry has protested to the Consul

General against the airmen flying lover Manchurian territory:

Reuter,

RUSSO JAPANESE RELATIONS.

Mr. Sato Optimistic Regarding Success.

EITHER COUNTRY-WANI