1934-03-27 — Page 1

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FOLDERS

etc, stes

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China Maile

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Tel. 20022

No. 28,684

TUESDAY, MARCH 27, 1934.

PRICE $3.00 Per Month.

HONG TRONG.

ONING SKIRMISH IN SILVER BATTLE

OLD BAR

WATTLE" ON

CE HOUSE ST.

SYNDICATE

WAR.“

QUOTATIONS FOR

IN STREET

Free Service Inaugurated

sion exists on the Ice House;

BRITAIN SEEKS CLARIFICATION

OF FRENCH ATTITUDE

Disarmament Communications With Berlin And Rome

London, To-day.

From seeking clarifen- tion Paris of the French Dia- armanent attitude, it is under- stood that the British Gover ment, as the result of yesterday's deliberations of the Cabinet Sub- Committee, will communicate with Berlin and Rome.-Reuter.

front to-day as the result JAPANESE

action of a group of philan

pic exchange brokers, who morning opened headquarters cubby-hole above the Ice Tobacconists.

e as it may seem -- e's one for Robert 's "Belleve it or Not" - free Shanghai quotation service is being run for the benefit of all and sundry,

ch to the consternation of Folder established insti-

COMPETITION

INTENSIFIED

L.C.I. President. Desires Rapprochement.

CHINESE DETERMINED TO BECOME INDUSTRIALISTS

British Encouragement Needed.

"following is the story.

London, To-day. from the opposition, for Sir Harry McGowan President concern boasts no name, and Chairman of 'Imperial Chemi Baugmented by both .con-

and discontented dealers, cals Industries, Ltd., in un address GOOSELY GUARDED SECRET to a meeting of the Conservative dme days ago a group of members of the House of Com- hese brokers assailed the es, expressed in opmion that Gold Bar Co. "Misery, Kapilmont galpetition was likely to yksin, Culbertson and Fritz, quo-be" intensified in the future.»

ylons), and caused grave, con He pointed out that the Japaneso cern by making large profits on profited by the errors of the Bri- dvance information from tish and American Industrialicis, Shanghai. The method is still and by purchasing up-to-date ma-

close secret with the opposition, chinery, they

Ex-

were now

many

By the unknown means, this trades ahead of older countries, terprising group were in posner-

He suggested that the most fon of quotations some minutes be fore either of the gold bar

hopeful and immediate remedy lay in a rapprochement be changes, which normally do business)

tween British in the Street and consequently were

and Japanese Industrialists. reaping the reward of their fore eight.

Continued on Page 9)

AFTERNOON KJSH COMMENCES.

"Not For Benefit Of Man In Street."

saw little

Sir Harry McGowan reason to hope for an early im- provement in conditions In China, but he said that it was a market; of great potentiality, for despite political disorganisation the Chin- jese were determined to become Industrialists.

He suggested encouragement by British industrialista to use Chin- Jese capital in new Industries.· He let House Street, later. was of the opinion that the Chin A huge sign bearing the wishese, in future, would demand a 'Good Luck" in both English and shape of the profits made in their Chinese, signa'sed the opening of own country-Reuter.

the afternoon's business.

Two o'clock found Mr. Chan and MARKETING BILL

his assistant still busy. Tele- phone receiver. in hand, Mr. Chan. was still most reticent, and com- mented on the hummidity in be "tween his ever-changing quota- ⚫tion calls.

י.

"We are not doing this for the benefit of the people, in the street. If we like to pin' our quotations on the window where they can

ba

en by all, we are entitled to do

at he remarked.

IN CANADA

Dominion Board Created.

AID FOR EXPORTERS.

Ottawa, Te-day

A National Products Marketing

DIES BILL HEARING

IN SENATE

KING CONFERS WITH

ROOSEVELT

IMPORTANT VICTORY CLAIMED

SPECIAL TO CHINA MAIL

(By Telegraph, Copyright, Telegraphic Messages, Ordinance, 1894. Received March 26, 3.14 p.m.)

THE CHAIRMAN OF THE SENATE

WASHINGTON, TO-DAY, MITTEE, SENATOR SMITH, HAS ANNOUNCED THAT HE WILL AGRICULTURAL COM- OPEN HEARINGS TO-DAY ON THE DIES BILL. MEANWHILE, SENATOR KING, THE LEADER OF THE STEERING COMMITTEE OF THE SENATE SILVER GROUP, WHO HAVE PLANNED A NEW OFFENSIVE FOR THE PRESENT SESSION OF CONGRESS, IS SCHEDULED TO CONFER WITH PRESIDENT ROOSEVELT REGARDING SILVER LEGISLATION AND TO FORMULATE UNI- FORM PROGRESS FOR CONGRESS. ·

Representative Dies yesterday told the United Press" that he considered the Bill's reference to the Senate Agricultural Committee instead of to the Banking Committee was "an important victory as it brings important agricultural support and additional silver interests.

deration, including other types of silver plans in an attempt to Senator Smith said, "The Bill will receive the fallest consi harmonise the various interests and lo secure a united front on some Bill acceptable to all elements.

Senator

"The nation badly needs more currency, he said, "and this offers an opportunity for action.

mo FEDERAL RESERVE BANKS LOSE. Earnings Decrease $14,356,837.

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright. Telegra phic Merages Ordinance, 1894. ceived Alarch 27, 0.87 m.)

Washington, To-day, The Federal Reserve has reported that the net carn- ings of the 12 Federal Re- serve banks in 1933, fell to U.S.$7,967,407 from U.S.$22,314,244 in. 1932, causing all the banks except those in New York, and Chi- cago to draw on their sur- plus in order to pay divi dends. - United Press,, per S. C. Gold Bar Co.

LOCAL DOLLAR UNCHANGED. Silver Prices Still Steady.

main purpose-

Steering Committee was to canvas the situation and to find the type of

COMMENCES TO-DAY

Bombing training at an Auxiliary Air Force Squadron head quarters, Finsbury Barracks, London. An ingenous device. where. by the pilot and observer obtain bombing training by means of a photographle panorama. The pupil and instructor are here seen "viewing their objects from their fixed fuselage—(S. & G.).

INTERNATIONAL ACTION

Resolution To Stabilise

Currencies,

EN RUMOURS OF FRANCE

GOING OFF GOLD. SPECIAL TO CHINA MAIL

(By Telegraph, Copyrighti Telegra

measure which would command phic Messages Ordinance, 1885, Ha the united support of all who seived March 17, 1025 am) believed that silver should be

the primary money, and to pro-

Washington, To-day.

Sixteen international bankers

GERMAN GRANTED, DIVORCE BECAUSE WIFE IS JEWESS Prussia Minister States W

Not Be General Practice

DE VALERA SCORES

SECURES

RECOGNITION

FROM US.

GOVERNOR-GENERAL IGNORED.

A NEW DIPLOMATIC PROCEDURE

Dublin, To-day. new departure in diplomatic procedure will be adopted to-day, when Mr. McDowell, the new United States Minister to the Irish Free States, presents his credentials to the Free State Presi- dent, Mr. Eamon De Valera, instead of to the Governor-General.

Speculation is rife as regards the reason, but no authoritative inform- ation is forthcoming,

Berlin, To-day. The recent Judgment of the Karlsruhe, Court, granting the diyorge to a German merely be cause, hits wife seca.

not be w general pridica, socord whi ing to the Prussian Minister ete Justice who has announced that: marriages between Aryans and non-Aryans will henceforth only. be dissolved on the usual divorce grounde.-Renter,

mote speedy action -- United and industrialists headed by M. REGULATING

Press, per S. C. Gold Bar Co.

U.S. SILVER EXPERT

FOR JAPAN,

Will Study Financial Situation.

ANOTHER ADVISER FOR

WORLD SURVEY.

Washington, To-day. "The United States Com. merce Department: silver ex- pert, Mr. K. M. Bratter, has been sent to Tokyo to study the financial situation, Dr.

No official announcement has

George Thennis, ex-Premier - of Belgium, and regent, of the Bank of Belgium, and including Mr. K. Hirano, of the Yokohama, Specie

COMMODITY

EXCHANGE

Separate. Treatment.

SENATORS IN ACCORD

Bask, in Paris, Mr. Matsuyama, Cotton Exchange Needs Commercial Counselor to the Ja- praese Embassy in London, Pre- fessor T. Gregory, and Sir Alan Anderson, a Director of the Bank of England, have issued a resolu- tion to all Governments though the phic Messages Ordinance, 1896, lie International Chamber of Com-crived March 27, 8.88 a.m.). merce, to stabilisé currencies;

rumours

SPECIAL TO CHINA-MAIL (By_Telegraph, Copyright. Telagro-

The French Minister was the fast to present his credentials, but he presented them to the Governor General, and not to Mr. De Valera.

-Renter

STRIKE DISORDER IN CLEVELAND. Police Hurl Tear Gas Bombs.

SYMPATHISERS CLUBBED

~Cleveland, To-day, The most violent of the disor ders that have prevailed in Ameri- for some time broke out to-day when mounted police rode into

Washington, To-day The appeal was made as the Senator Smith in the Senate,

grew that France and and Representative Jones in the crowd, dubbed many, and hurled Switzerland might be forced to House of Representatives, have in- tear-gas bombe, abandon the gold standard.

troduced similar Bills regulating The trouble, began when thou The local dollar remains

"A new wave of currency

the commodity exchanges, except sands of sympathisers with the steady, opening on demand at been made of his appointment, but stability would be precipitated in ing the cotton exchange, which strikers in the Cleveland Worsted 17578

it is said to be in accordance with the even of the abandonment of

they believe needs separate treat mill. They were eventually Mills Company gathered round the Spot and forward sliver prices the plans to increase the Govern- again remained unchanged, closing ment's financial, advisers in dif- the gold standard by any of the The Bills provide for the battles. Rester

driven off by polise after repeated yesterday at 20.00 and 20 1/16 re-ferent parts of the world. Reuter, important countries which now censing of a commission of mer spectively,

adhere to it," they state--United chants and the creating of a com- PARIS COUP D'ETAT SEQUEL TO ROGERS Press per S. C. Gold Bar Co.

mission of the Secretaries of Agriculture and Commerce, plus WARNING. MISSION.

the Attorney General to deter mine the amount permissible in futures trading

The London on New York cross

rate yesterday. closed at 5,00%, as compared with U.S.$5.10% on Saturday, while the

Bill was tabled in the Canadian New York on London rate closed at

To simplify the readings, the House of Commons, yesterday, by U. $5.10% as compared with

bols have been changed, to

the Minister of Agriculture, the 4—U.S.$5,09% on-Saturday,

According to Mr. F. 8 Chan the fion. Mr. Robert

Of his colleagues, whose sogentes a

have been stopped, by the Board and Gold Bar Company, are Mr. producers of and Mr. Teung Kwong Luk

tural predicis

ever grated

newmeyoure kad export trade,

Exporters may be reim

OP PRESS for many losses throug

ing out the Board's

also for losses due to fluctu

in exchanged

Like the British

Marketing Act

that" gro

PRICE ON GEN. LIU'S HEAD

$6,000 Dead And $10,000 Alive.

BANDITS PURSUED

Peking To-day

Han Fu

$6,000

eneral Liu Kuci

and $10,000 for

Will Remain Several Months.

SPECIAL TO CHINA HAIL fly Telegraph," Copyright, Telegra |phic Namages. Ordinanor, "1314, Ra celand March - 87, 1138;

Washington,

Brat

the Unit

(Continued on Page 1)

STRIKE ENDS IN NEW YORK.

mest

The Bills are companiona to the Fletcher Rayburn Stock Er Plebiscite Agreemented Press, per 8. C. Gold Bar Co, change Regulation Bill Unit

For Taxi Drivers.

RIOT-ENQUIRY! ORDERET

THE TARIFF BILL MENACE

Will Affect 5,000,000

American

Commission Inquiry Into Riots.

PARMED POLITICAL ORGANISATIONS

d'efat and further riots rganisations,

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