1934-03-21 — Page 1

園

VISITING CARDS BUSINESS CARDS.

INVITATION CARDS

FOLDERS

ele, etc.

BEAUTIFULLY

PRINTED

FINAL EDITION

China Mail

THE OLDEST ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,679 HONG KONG, WEDNESDAY, MARCH 21, 1934. PRICE $3.00 Per Month.

GENTLEMENS

MAKE

YOUR

BERNARDS"

BUYWORD

OUTFITTERS

CHATER ROAD.

HONG KONG

by

THE NEWSPAPER ENTERPRISE LTD.

3A Wyndham Street.

Est. 1845.

Tel. 20022

BABSON STATES U.S. TRADE

SETBACK TO

U.S. SILVER

LOAN TO CUBA

Currency Depreciation

C

Feared.

NEGOTIATIONS HELD UP

SPECIAL TO CHINA MAIL.

Telegraph, Copyright, Telegra phir Messages Ordinance, 1894, Re- erived March 20, 4,45 pm.)

Havanı, To-day.

It has been revealed that the Cuban Finance Minister, Senor Sawnz, has been recalled from Washington due to fears that the circulation of large amounts silver will depreciate the silver

peso.

HARLAND DEEPLY

PESSIMISTIC

FAILURE OF RECOVERY

EFFORTS PREDICTED

INDO-CHINESE

OUTLOOK IS AT ITS

EMPRESS OF

21-Year-Old Empere With Picturesque Co

Huc Annirae bar

Miss Nga Yen-hukad, daughter of a great Indo-Chinese (Mandarin, became Empreas of Anhum when she was married to the year-old

picturesque ceremonial, guter.

ADVICE AGAINST NEW INVESTMENTS Emperor Bacosi, vestes with

SPECIAL TO CHINA MAIL

(By Telegraph. Copyright, Telegraphic. Mekanges Ordinence, 1891, Received March 21, 8.51 am)

New York, To-day.

The prominent economist and statistician, ` Mr. Roger Ward Babson, yesterday stated that the current trade outlook was the brightest since the start of the recovery campaign, with much evidence pointing to a further business advance.

The Cuban Government hesit- It is significant that Mr. Babson failed to re- ates to conclude the negotiations commend additional stock purchases as he has for a silver loan through the new been doing regularly, although he did advise trad- ly-established export and import bank until it is assured that the ers to "hold their stocks." loan will not depreciate currency. United Press per S. C. Gold

Bar Co.

DIES BILL NOT SILVER TEST.

No Issue ́"Male By Administration..

SPECIAL TO CHIŅA KAIL.

(By Telegraph, Copyright, Telegra- ceted March 20, 3.30 pm)

Washington, To-day.

can.

The dies silver Bill, which was passed by the House of Representatives by 257 votes 112. on Monday, is not sidered to be a silver test since the Administration did not make the Bill an funue.- United Press,

per 8.C.

Gold

Bar Co.

SILVER ISSUE BEING SIDETRACKED.

Rogers Mission Will Be Too Late.

SPECIAL TO CHINA MAIL (By Telegraph. Copyright, Telegru phie Mesrages Ordinance,, 1896. R ceived March 21, 8,08 a.m.)

Washington, To-day.

It is respeted that the“ Ad- sainistration is. struggling to sidetrack silver this session.

Professor Rogers is expect ed to sail for China this week, Senator Wheeler has en iimated that he will not return until July 4, which will be too late for any silver action United Press, S.C. Gold Bar Co

AMERICAN NAVAL CONSTRUCTION.

Maximum 10 Per Cent.

Profit Specified.

GOVERNMENT SHIPYARDS HAVE HALF CONTRACT

SPECIAL TO HINA

ached

Professor Harland Allen, another well-known economist, is deeply pessimistic. He predicted the failure of the current re- covery efforts, followed by "devastation inflation."

Price advances will not continue past easter barring pro- nounced-inflation measures, he asserted.

The most encouraging news last week, he declared, was Mr. Morgenthau's silver pronouncement.

TROUBLE

IN CHINEE

TURKESTAN

ITS BRIGHTEST

A machine gun company with the tramway strikers and rioters, at the Florsdorf Stallon, Vienna, where

Photo shows the arrested rioters lined up waiting to be con veyed to the police court.-18. & G.).

Sir Alexander Codogan good deal of fighting during the recent civil war in Austria. The

· Lodges Protest.

CHINESE GOVERNMENT UNINFORMED

· London,

It is learned that Sir Cadogan, the British ment against in protested to the

during the tribal Chinese-Turkestan,"

tish Commate at

The Brokmire business licked; un

US. INDUSTRIAL PAY on states: "Recent busi-ployes being

ROLLS INCREASE

345,000 Re-Employed In One Month.

BIC

ADVANCE 'MADE

SPECIAL TO CHINA MAIL In Telegraph, Copyright. Telegra hic témages Ordinance, 1006. W* aived March 21, 8.51 a.m.)

ness hesitation may prove tem- others wounded porary, but until the outlook. clarifies we advise against invest- ment of new funds."

Tho Minister asked for inim diate steps to protect the Con xulate.

GALE DEATH ROLL

DRAMATIC

RESCUE OFF-

WAGLAN ROCK

Six Survivors Night Of Terror.

STEAMERS BREAK HOORINGS

At least two people are known to be dead as the result of the violent gale which struck the Colony

- this morning at about 4 o'clock. No casualties are reported to have oc curred within harl

AMERICAN RECOGNITION limits.

OF MANCHUKUO

MERELY A MATTER OF

SAYS US. CORRESPONDENT

TIME

TRADE NOT POLITICAL ISSUES.

American recognition of Manchukus u the hostility to Japan under the Hoover come a thing of the past, necording to the dent of the London "Morning Fast".

of

"If serious labour trouble are avoided it is reasonable to ex- The Chinese Government reply pect a resumption of the advance that they extremely regretted Hin stock prices." — United the reported occurrence,

He declares that the new realist outlook towards the problems Press, per S. C. Gold Bar Co.. which they had no information, of the Far East is one of the distinguishing features of the present

as the communications were in- Administration, which is far more concerned with trade possib terrupted for some time.

BANKHEAD BILL APPROVED.

Washington, Today Sharp And Long Debate

Expected.

The Department of Labour has | [reported that the weekly indor. trial pay-rolls increased $12,000,- 000 between January 16 and Fe- bruary 15, while 345,000 were re- employed.

SPECIAL TO CHINA MAIL,'

Bu Telegraph, Copyright, Telegra ceived March 21, 8.08 a.m.)

The latest report, received from New Delhi, atates that all is now quiet at Kashgar. Reuter. CHINESE TRADE

MISSION.

ohte Messages Ordinance. 1802 Improvement Of Home

Industry Investments.

Washington, To-day. Senator Bankhead's Bill has per B. a. been approved by the Senate! Agriculture. Committee,

It is estimated that the weekly pay-rolls are U. S. $87,000,000 greater than last year at the same time.-United Press Gold Bar Co.

GRAIN EXCHANGE CODE IN U.S.

Roosevelt's Approval

SPECIAL TO CHINA'MAN... (By Tolegraph, Copyright. Tetcorn- phie Messages Ordinance, 1894. Re crived March 21, 8.51 a.m.)

Washington, To-diy-

President Roosevelt has approved

the grain exchange Code, effective from March 31 to prevent extreme

#

It is now expected to be placed on the Senate calendar when sharp and long debate is expected. -United Press, per S.C. Gold Bar Co:

STOCK MARKET

BILL

Administration Accord Reported.

SPECIAL TO CHINA MAIL. (By Tilegraph, Copyright, Telegra

price fluctuations through the con-phic, Musages Ordinance, 1894; Re Linuation of the present limitations ceived Harah: 21, 8.08 am) o

of daily fluctuation United Press, Washington, To-day per S.C. Gold Bar Co.

Senator Bayburn yesterday stit ed that the Treasury, the Bacon-

and the

REHABILITATION OF struction Finance Corporation

U.S. HOMES.

Reserva Board agree to the

ock Market Bill, Unite Press, per 6.C. Gold Ba

INSULL

Huge Senate Grant In Con

New Bill

SOUTH, BEAS: ISLANDS

Nanking, To-day. The Minister of Industries, Mr. Chen Krung-po, is planning, a- trip to the Bouth Seas Islands beach, month with a view to encourag- iny overseas Chinese to invest in home industrien, en

Visit the Strata Settlementa::Java and the Philipp! and-if me permits, also Annam and Slam. Reuter

JOHORE ROYALTY IN SHANGHAI,

Official Reception Accorded

LEAVING

APAN

than with political issues,

He points out" that next year's Naval Conference, anyway, would have brought the Pacific problems to the forefront, the Pacife naval Disarmament and the re-allotment of Naval ration could hardly be discussed without involving the Four Power and Nine Power Pacis and the matter of fortified bases,

ESPIONAGE

IN CZECHO

American recognition of Rus Jela has also introduced a new Jelement of interest in the pósaf”] bilities of improved trade with

Off Waglan, where were picked up this No. 4 Police launch, tor L. P. Lane, D. Police, on board, six crew of a junk, the verge of four

lunches are stil irches for other jury The 8.1. Pleasant Val Norwegian ship, broke Tom "from her buoy in the harbor

and was forced to drop anc Another steamer, the name which is yet unknown," "isT `ported to have alan slipped hane, moorings and is believed s have caused considerable dang "aga among small, craft,......

(Continued on Pass. #3:

WEATHER FORECAST

Cloudy weather, probably im

the Orient, associated with re- proving later, with fresh north- newed agitation to improve the east winds was the weather före-

SLOVAKIA price of silver, he declares. cant leaned by the Royal Observa-

Alleged Pro-German Organisation.

25 'ARRESTS – MADE

It is allege pionage::en- Prague, by

While His gravely doubl ful whether an increase. In' the price of silver will iné crease the purchasing power® of the Orient, the preserva- tion of peace is held vitally necessary to improved trad Every effort, is being er remain friendly with Was Japan's'rigid adhe nce to the doctrine of the opt door would cer- part re- garding the practicability of the Stimson Doctrine, the correspon dent alates

more than compensat tain scepticism on her

ANGLO-JAP TRADE BREAKDOWN

REM

SOVIL

HON

Runciman

COMPIDI

ME

tory this morning...

MORGENTHAU MAY HAVE TO TESTIFY

Senate Require List Of Silver Holders.

SEQUEL TO STATEMENT.