1934-04-12 — Page 1

Carnation

"From Contented Cows"

THERE'S CREAM

IN EVERY DROP.

The dollar, on demand," clói

to-day at 1/5.34.

FINAL EDITION,

GENTLEMEN:-

The

China Mail//

Cination

Est. 1845.

Sole Agents: CONNELL BRÚŞ.. CO., LTD.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Est. 1845.

MILK

HONG KONG & S. CHINA.

No. 28,697-

HONG KONG THURSDAY, APRIL 12, 1934. PRICE $3.00 Per Month.

YOUR

BUYWORD

OUTFITTERS

CHATER ROAD.

HONG KONG

ROOSEVELT EXPECTED TO ENDEAVOUR TO DELAY SILVER BILL

JAPANESE

FRIENDSHIP

WITH US.A.

Significant Speech By Saito.

TRADE TREATY RECALLED

New York. To-day. America and Japan are destined to work together to keep the peace of the Far East, declared Mr. Hiroshi Saito, the new Japanese Am- bassador to Washington, at a luncheon here, yesterday, in commemoration of the eigh-

tieth anniversary of the sign- ing of the first Japanese- American trade treaty, in 1854.

The two main points of the treaty, he said. were, peace and amily on one hand, and commercial intercourse on the other hand. These were seen to be the keynotes of the American-Japanese friend- ship. They could afford to

smile at those who harped on the question of war between the two countries.

The exchange of goods be- tween Japan and the United States had exceeded, the greatest expectations of those signing the original treaty, he said. Reuter.

CHINA AND JAPAN

Policy To Be Decided At Nanchang.

MEMORANDUM SUBMITTED BY THREE ENVOYS

Nanking. To-day. Mr. W. W. Yen, Mr. Quo Tai-chi, Dr. Wellington Koo and Dr. Alfred Sze, Chinese Ambassadors to Moscow, London, Paris and Washing- ton, respectively, have sub mitted a joint memorandum to the Chinese Government. concerning foreign policy, ea- pecially "vis-a-vis" the Sino- Japanese relations.

It is reported that the me- morandum will be discussed at the conference at Nanchang, between General. Huang Fu, Mr. Wang Ching-wei and Marshal Chiang Kai-shek.—' Reuter.

GERMAN CHURCH

DISPUTE,

Mueller Over-Ruled By Court.

Berlin, To-day.

COSTS OF LIVING RISING

IN UNITED STATES

19.3 Per Cent. Above March 1933.

But 20.9 Per Cent. Below 1929

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra- phie Messages Ordinance, 1854. Ke. leeived April 12, 8.14 a.m.)

Washington, To-day.

The National Industrial Cun- ference Board has Teported that the March costs of living were 0.3 per cent. above February and 9.3 per cent, above March Insi year.

They were 20.9 per cent, bu low March, 1929-United Press per S. C. Gold Bar Ca.

REGULATION

OF US. STOCK

SERIOUS FIGHT FROM

SENATE

CONGRESS LE ADER TO SEE PRESIDENT

OPPOSITION TO ISSUE OF CURRENCY AGAINST. SILVER PURCHASES

SPECIAL TO CHINA MAIL,

(By Telegraph, Copyright, Telegraphic Mcccages Ordinance, 1891. Received April 12, 8.10 a.in.)

WASHINGTON, TO-DAY,

THE DEMOCRATIC HOUSE LEADER, SENATOR ROBINSON, EXPECTS TO DISCUSS THE SILVER QUESTION WITH PRESI- DENT ROOSEVELT AS SOON AS THE PRESIDENT RETURNS FROM HIS YACHTING HOLIDAY. THE MOST SERIOUS FIGHT

EXCHANGES IN YEARS IS EXPECTED IF AND WHEN THE SENATE TAKES

Bill Modified By Committee.

MARGIN REQUIREMENTS ELIMINATED

SPECIAL TO CHINA MAIL.

By Telegraph, Copyright. Telegra phfe Messages Ordinance, 2801. jeeived April 12, 8.10 a.m.)

UP THE COMPROMISE BILVER BILL

It is expected that the Administration will strongly oppose the fat issuance of currency against silver purchases, and for this reason it is anticipated that the Administration will make an effort to delay the Bill.

con-

It is reported that the Administration will make an effort to refer the Bill to the Senate Banking Committee which is more servative than the Agriculture Committee, which. favourably reported the Bill on Tuesday United Press, per S. C. Gold Bar Co.

Washington, To-day. PROTECTING CHINA'SĮ „SILVER ADVOCATES RALLY mittee has adopted Senator SILVER-STANDARD.

The Senate Banking Com-

Glass's

mendment, thereby

eliminating. specific margin. re- Nanking Fixes Penalties

quirements from the Stock Ex- change Regulation Bill,

The Committee is re-writing the Stock Exchange Regulation Bill, and has voted to give the

proposed Federal Securities Ex- change Commission, instead of the Trade Commission, control of the functions of brokers' action

Nanking, To-day.

The Central Political Coun. cil yesterday adopted a re- solution to authorise the punishing of persons en- dangering the silver 'stand- ard of currency.

BEHIND DIES BILL):

Mr. Matsudaira, the Japanese Ambassador to London (right). and Mr. Matsuyama, Councillor for Commerce at the London Embassy (left), seen leaving the Board of Trade, Westminster, after reviewing, with the President of the Board of Trade, Mr. Walter Runciman, the situation that arose as a result of the breakdown of the textile negotiations with Japan.

POLISH SMUGGLER

KILLED

Seven Other Victims

Of Explosion.

STRANGE TRAGEDY NEAR GERMAN BORDER

Berlin, To-day.

Eight people were killed and seven seriously Injured as the result of an explosion caused by smugglers on a Jonely

CUP FINALISTS DRAW

Sunderland Held At Roker Park,

PLANE STILL MISSING

6 SHANGHAI ··

· PLANES OUT

ON SEARCH

NO NEWS RECEIVED FROM. CREW.

CONCENTRATION ON VOLCANO ISLAND

Shanghai, To-day. Anxiety for the fate of he miss- ing China National Airways Cor- poration plane is increasing as we news has been received from the crew up to the present.

Four land planes and two C. N. A. C. Sikorsky planes are engaged in the frantic search.

Commander Frank Hawks, the noted American speed flier, went up late this morning with a giant Condor plane.

The second C.N.A.C. plane

MOTHERWELL IN POSITION TO hopped off at 6.18 a.m. The Far

TIE WITH RANGERS

London. To-day.

Eastern Aviation Co. have sent out one land plane, and the Eura sia Company have sent two land planes.

All the planes are heading for Volcano Island,

Manchester City, Cup. finalists for the last two years, did well to secure a point against Sunder land in their premier league soc). The land, planes and Comman farmstead at Kutcer game at Roger Park yester-ider. Hawka, ill merely scout from the air as they are unable to land zoben, near the German- day.

Polish frontier.

Washington, To-day. Determined to bring the silver question to a head, the Senate ad- herents to silver remonetisation

The City will meet Portsmouth on the wateri have begun to rally their forces While the smugglers filling pigs in the English. Cup Final at Wem- Word has been received from the launch which was sent out for an attempt to force the early bladders with ether and methyl-bley on April 28, passage of the Dies Bill with Sena-ated spirits, one of the bladders Gilingham made certain of avoid yesterday. The message states that the launch is cruising in Hangehow caught fire, causing an explo-ing relegation by recording a smash- tor Thomas's amendment for nasion which set fire to the house Ing, home win over Northampton land.

Bay In the vicinity of Volcano Is- and blew off the roof.

but Cowdenbeath suffered their 27th The Finance Ministry is sub-tionalisation of silver.

The farmer's five children, his defeat in the Scottish League, in been received from the C N. A. G No report, however, has yet as dealers. United Press, permitting provisional regulations to

They are only awaiting the re- S. C. Gold Bar Co.

the Legislative Yuan for exa-turn of Senator Wheeler, who is mother-in-law and a polish smug which they will not figure next sea-plane, which remained on the Is-

ill, before taking action-Reuter, gler, were killed instantly,

SILVER DECLINES IN NEW YORK. Washington News Disappointing.

CONTROL SHIFTED

Washington. To-day.

The United States Senate Bank- jing Committee has adopted Sena- tor Carter Glass's amendment to the Stock Exchange Control Bill, placing the much discussed mar- ginal requirements under the con- trol of the Federal Reserve Board and the proposed Federal Securi- ties Exchange Commission.

(Continued on Page 6).

BUDDHIST

MONASTERY

IN EUROPE,

Planned By Trebitsch Lincoln.

ARRIVAL IN VANCOUVER.

Vancouver, To-day. Accompanied by six nuns and four monks, Trebitsch Lincoln arrived here on the Empress of Russia, yester-- day. He declared that he in- tends to found a Buddhist monastery in Europe.

7

Imination. -Reuter.

LOCAL DOLLAR

STEADY.

Silver Prices Still

Unchanged.

The local dollar remains changed, opening. on demand morning at 1/53⁄41⁄4.

un- this

DULL WALL ST. TRADING

The farmers and his wife and six smugglers were seriously in

ured.

son,"

land all aight-Renter.

Motherwell recorded yet another The plane, a Sikorsky flying boat, win, but they can now only hope to is employed on the regular Shang- The smugglers, despite.. their tie with the Rangers, who, with a hai-Canton service, and left Lung- injuries, reached Polish terri-game in hand, are six points ahead. hud Aerodrome at 6 am. on Tues.

Results As tory, where one died from his

cabled by Reuter day, piloted by Mr. Gast, with Mr. injuries.

The remainder are in hospital. -Reuter.

SERIOUS RIOT AT MENINLIETARD.

Injured.

New York, To-day. Spot and forward silver prices are The New York silver market was

but unaltered, closing prices yesterday relatively quiet yesterday, being 20% and 20%, respectively. turned reactionary at the late ses 20 Royalists Seriously

The London on New York crosssion, partly in sympathy in rubber rate yesterday closed at £-U.S.$5.- and disappointment that Washing- 16%, as compared with £-U.S.35.16% ton news did not have greater. In on Tuesday while the New York on fluence. London rate remained unchanged closing at S-U.S.85.18%.

MARCH WHOLESALE PRICES.

B.O.T. Return Shows Slight Decline.

London, To-day.

In the Board of Trade return on wholesale prices in March, a de-

He described himself as "the crease of 1.4 per cent, is shown for most calumniated man in the last month in the averaga of prices|

as compared with February, but an The decision that Bishop Muel-world." ler, the Nazi head of the German Asked if he anticipated any increase of 6.5 per cent, as compared

in moving about with March of last year, Evangelical Church, had no right difficulty

to dissolve the Frussian Supreme Europe, he said: "Why shouldn't. The first quarter of 1984 shows a I be allowed to land in England. rise of 5.8 per cent. as compared .Church Council, last November,

are with the first three months of 1989. has been given by the Lower Court, Many of my best friends

British Wireless Bervice. there," Reuter.

Gand is regarded in opposition quar;}; ters go a setback for the Reiche bishop.

*

The ault was brought a Secural member of the Church

·Council against the Reichs bishop for non-payment of salary,

The Court decided in favour of the plaintiff on the ground that Blahop Mueller's decree was un- constitutional.

MISS M. MORETON'S DEATH.

Former Missionary In

China.

BRITAIN'S TRADE WITH HOLLAND

NEGOTIATIONS" OPEN NEXT WEEK

London; To-day!!

*

bonda

London, To-day,

were

First Division.

4

Sunderland 0 Manchester C.

Third Division (South) 4G4llingham 6-Northampton

Third Division (North)

Wrexham

Finck as mechanic, and carrying one Japanese passenger.

Owing to bad weather, the plane returned to Shanghai kalf and hour later, but again took-off at 8.12 a.m. At 8,45 am, a message was received by officials of the China National 1 Airways Corporation, stating that

Mr Gast had again decided to re turn.

Since then nothing further 1 was heard from the plane, and con- siderable anxiety was felt when the machine did not return to Shang- @ hai.

5 Tranmere

Scottish League

§ St. Mirren

6 Cowdenbeath

1

A miner was shot dead and 20 Celtic On the stock market,

Royalists seriously wounded in a again reached a new high 1933-34 fight which occurred when workers Motherwell level, advancing 12- to 94.46. In- invaded

up 11 dustriala and rails were and 47 to 105.16 and 50.28-respec»

Revolvers, knuckledusters, and tively, while utilities were

other weapons were freely used in changed at 25.85. The commodity the encounter-Reuter. Index declined 02 to 59.80.

Trading showed Increase, : 1,550,000 shares changing hands.

(Continued on page 12.)

GRAIN FUTURES ACT VIOLATION.

a Royalist meeting at St. Johnstone & Aberdeen Menialletard.

(Tables on Page '6)

U.S.

an

Trader Charged By Administration.

SPECIAL TO CHÍNA KAIL (By Tolsgraph. Copyright, Telegra- phie Mazzones Ordinance, 1494., Kar ceived April 12, 238 p.m.)

THE FOG DELLAYS SEARCH The departure of search planes was delayed by fog, but two C.N.A.C. planes took-off at mid-day yester }day. A tug-boat, chartered from the Shanghai Tug Company, proceeded to the east of Belshan Inland,

CUBA DECLARES STOP PRESS chow Bay, at 10.30 am. yesterday

MORATORIUM.

Stops Payments On Foreign Debts.

SPECIAL TO CHINA MAIL.. (By. Telegraph, Copyright, Telegra |phia Messages, Ordinance, 3896. Fai |ceived: April 12; 448 (M)

Www Havana, To-day." The Cuban Cabinet has de-": creed a moratorium" on the **** Washington, To-day. principal payment of Cuban The United States Bocretary for foreign debt until the re Agriculture, Mr. Henry C. Wal-venues are sufficient to re lace, has charged Mr. Arthur Cat- ten with having violated the Grain Futures Act, and has there- fore instituted proceedings to da- prive "Mr. Cation of trading: pet- vilegen.

London, To-day.. Arrangements have been made] It is alleged that falas entries Miss Mary Moreton, aged 78, who for a preliminary meeting in Lon were made in the books of the was a missionary in China from don next week to decide the scope concern to conceal his operatio

The case will now be taken to 1886 until 192), died yesterday of the Anglo-Dutch trade negolia United Frese per

tionsBritish Wireless, Service Bar Co. the Supreme Court-Reuter

Router.

sums amortisation. Unli ed Press, per 8. C. Gold Bar: Cô

WEATHER FORECAST

Cloudy weather, with drizzle, or mist and fresh north-east, winds!), la forecasted by the Royal Oberr ather report sand this morning

RIDING SCHOOL SUED

Judgment for the defendant without costa was granted by the Pulane Judge, Mr. R. E. Lindaell, at the Supreme Court this afternoon in the claim against Colonel D. G. Rolski, the proprietor of the Riding: School at North Point, by si Chinese, mafoor for $20 each month's representing one

wages, on the grounds that they were dismissed without notice

however, „The defendent, agreed to pay the plaintiffs the equivalent of three days' wages each

from Februar

Fork done!

to make a search of the bay, which was reported to be calm.

'It will be recalled that one of the Corporation's planes crashed at Bel- shan Island, In November last year..

U.S. PUBLIC WORKS EXPENDITURE.

Senator's Bill To Carry On Programme,

SPECIAL TO CRINĄ MATES: (By Telegraph, Copyright, Telégra phic Massages Ordinanes, 1895, ceived April 18, 1.35 p.m.)

Washington, To-day. Benator: La Follette his in- troduced a "Bil nuthorising, the U.8.$10,000,000,000′ Pub lle Works scheme to continue La present programme, The Bill provides for expendi tures of U.S.$5,855,000,000 ↑ Edes "non-Federal "pro