1934-06-08 — Page 1

Carnation

"From Contented Cows"

THERE'S CREAM

IN

The dollar, on demand, closed

to-day at 1/5

FINAL EDITION-

ChinaTM Mail

Carnation

EVERY DROP.

Est. 1845.

MILKA

Sole Agents: CONNELL BROS, CO., LTD. HONG KONG & S. CHINA.

THE OLDEST - ESTABLISHED NEWSPATER IN THE FAR EAST

No. 28,746

HONG KONG, FRIDAY, JUNE 8, 1934.

Est. 1845,

WE PRESENT A Gorgeous Display

of Gowns.

AND OUR PRICES

ARE

RIGHT.

PAUL RENNET & CIE

186-190 NATHAN ROAD KOWLOON

PRICE $3.00 Per Month.

U.S. FINANCIERS FORESEE GRAVE MENACE IN

Another World War in 1940 was the prediction made by Mr. H. G. Well, the celebrated British novelist, when he arrived at New Mr. fur a visit. York recently Wells also "taked his reputation"

મ

a propliet that Faxelum in Great Britsia has no future,

FASCIST

TRADE WITH FAR EAST

IMPERILLED

MARKET FOR LONDON AND SHANGHAI

BIMETALLISM A

CALAMITY

SPECIAL TO CHINA MAIL

(By. Telegraph, Copyright, Telegraphic Messages Ordinance, 1894.

Received June 8, 8.49 a.m.)

NEW YORK. TO-DAY.

THE

SILVER BILL

Striking Cuban students are shown in front of Havana University as they rallied to plan the A. few moments after "alid iron front" in a strike of protest against Government policies.

the camera clicked on this picture, tear gas and bomba were Aying among the demonstratora. Two students were reported killed and several wounded in the latest outbreak. More than 3,000 students participated in the Havana affray.

THE ACTING PRESIDENT OF THE NEW YORK COMMO US. STEEL

INDUSTRY

WALK-OUT

DITY STOCK EXCHANGE. MR. CUPPIA, YESTERDAY ISSUED A STATEMENT ASSERTING THAT THE SILVER BILL WOULD AFFECT DEALERS AS WELL AS SPECULATORS. HE SAID THAT THE BILL WOULD DRIVE THE MARKET TO LONDON AND, SHANGHAI AND ALSO INJURE INDUSTRIAL USERS. HAMPER FOREIGN TRADE AND PLACE THE FED One Way Only To Avoid

ERAL GOVERNMENT AT THE MERCY OF FOREIGN MAR- KETS IN ITS PURCHASE PROGRAMME.

MEETING ENDS

IN UPROAR ernment action.

Fierce Skirmishes In

London.

'COMMUNISTS CLASH AT DEMONSTRATION

Strike.

3-HOUR CONFERENCE HELD

BRITON LEADS U.S. OPEN Lacey's Success In Golf Tourney.

WORST CONDITIONS FOR MANY YEARS

TEST MATCH

RESULT WILL

DEPEND ON TOSS PERFECT WICKET AT NOTTINGHAM

Clem Hill's Forecast.

London, To-day. Everything is in readiness at Not- tingham for the first Test, which commences at Trent Bridge to-day. It is regrettable that Larwood is unable to play, the pitch being in ideal condition for his bowling, and one of the fastest ever produced af Nottingham.

Yesterday's rain was very op portune, and helped to bind the

SABOTAGE

HINTED AT ON

MAIL LINER turf together, making the wic

ket perfect.

President Lincoln Captain's Theory.

NO PANIC DURING FIRE'

are

The hotels in Nottingham are filled to capacity, and managers absolutely unable to cope with the rush, being compelled to send visitors to road houses and He called attention to the fact that silver speculation in the

to villages several miles distant. HONOLULU, TO-DAY,

The city is crowded with over past year had been stimulated as the result of contemplated Gov-

Ardmore, Penn., To-day.

THE POSSIBILITY OF ATTEMPTE SPECIAL TO CHINA MAIL...

BOARD THE seas visitors, many of them being INCENTIVE

Alfred Lacey. British Walker FOR "WHEN VALUES ARE STABILISED, THE

(By Telegraph, Copyright, Telegra

PRESIDENT LINCOLN WAS EX-from Australia. SPECULATION WILL BE REMOVED," HE SAID.

phic Messages Ordinance, 1804, Re-Cup player, Bobby Cruikshank AT SABOTAGE ON

The Australian cricketers arriv- and "Wiffy" Cox, two American PRESSED BY CAPTAIN YARDLEY Bankers declared that the Bill would force American, banks ceived June 8, 8.51 4.)

New York, To-day players, are leading the field with WHEN THE LINER RETURNED

FOLLOW ed last night, and are announcing out of the business of financing trade between the Far East and

FIRE their team this morning. Apparently the only way is avoid cards of 71 in the American Open HERE THIS MORNING the United States.

The present practice when buying on the Shanghai Exchange the walk-out on June 16 would be Golf Championship. which open- ING AN OUTBREAK OF price rises before the transaction is closed, the banks would be

Conditions were

that

1

Clem Hill, the famous Boulk OUT FROM PORT, LAST NIGHT. Australian player and former Tesi

It is thought, however,

cricketer, says that victory depende is to sell silver futures in New York: d the bere the silver if the Amalgamated Steel leaders ed yesterday in a blustering wind WHEN THE SHIP WAS 148 MILES

the worst ex-spontaneous combustion was the entirely on winning the tom, in laxed 50 per cent, on futures profits without being allowed to de abandon their position. When it on the Ardmore course.

It is pointed out that was pointed out that the steel Codeperienced in any "Open" in recent probable cause of the fire.

The President Lincoln steamed view of the two exceptionally London, To-day.

strong betting sides.--Reuter. duct corresponding losses in Shonghal.

Scores at cabled by Reuter into port with ber boats, swing- (Continued on Page 4), 2. Thousands gathered in the neighbanks face heavy losses on commitments now open if the legis authority decision binds practically years.

the entire industry, employers rej bourhood of Olympia, London, iation passes.

terated their claim. yesterday, where a demonstration

Amalgamated Steel represents Alfrey Lacey (Britain) of the British Union of fascists was

of Commerce has passed a reso- a smali fraction of the workers, Bobby Cruikshank (U. 8. A.).. lution" condemnning the Silver therefore, they could not effec- held.

Bil. It is declared that there is tively strike, no danger of a gold shortage.

bimetallism therefore calamity.

Skirmishes between the Fas-NEW PRICE

rists and their opponents, chief- CONTROL POLICY

ly Communists, occurred once, and the police charged with drawn batons. Spasmodic fight- ing was constantly recurring out- side. necessitating the presence of hundred of police.

IN AMERICA

Price Fixing Only In Emergencies.

CHANGE NOT COMPULSORY

Washington, To-day.

The New York State Chamber

is 0

(Continued on Page 6)

President May Intervene.

were:

"Wify" Cox, (U. 8. A)

Gene Sarazen (USA) George Von Elm (U. 8. A.) Walter Runyan (U, B. A.) M. Dutra (U. S. A.) Cale! (U, S. A.) Craig Wood (U. S. A.) Gaiden Burke (U. S. A.) Walter Hagen (U. 8. A.)

ing out on the davits while

71 several passengers were wearing MORE RAIN TO-DAY. 71 lifebelts.

71

The cargo in the main hold was

78 still smouldering on the arrival of Wet Season Well Under 74 the Navy tug, which began pouring

74 water' in.

74

74

75

75

70

Goodman (U. 3. A.)

(holder)

The Chamber agreed that the price of silver should be stabilised in the interest of world trade, hut

SPECIAL TO CHINA MAIL- the United States is unable to ac-

(By Telegraph, Copyright, Telegra⭑Jack complish that without an interna- tional agreement re-establishing phic Massages Ordinance, 1894, Re the International monetary stand-ceived June 4, 9.48 a.m.) ard.-United Press, per S. C. Gold

The Blackshirt leader Sir Os- wald Mosley, speaking inside the vaul hal! was repentedly Interrupt- ed by several bodies of men, who

The abandonment of the policy of Bar Co. were thrown out by the stewards, including women Fascists, after price axing, except in clear-cut some cases of violent fighting with emergencies, has been announced fals, chairs and boots.

by the National Recovery Admini

ration as the first definite pro- the vexed price

One man reached the door with every stitch of clothing torn off, while another climbed the girders -leading to the cat-walk in the roof, hotly pursued by four Blackshirts. high over the heads of the audi- ence illuminated by spotlights.

The man was eventually captured with the aid of indders,

Further disturbances outside when the Blackshirt -The main body finally marched

under the protection of police.

nouncement in question.

all

WORST SILVER BILL BEFORE CONGRESS President Condemned For Inactivity.

SENATOR THOMAS'S OUTBURST

SPECIAL TO CHINA MAIL..

A passenger said that ne body was alarmed. "We gul up from dinner quietly when in. formed that the ship was afire," he said. “We put on lifejackets and went out on to 76

the deck where we remained 771 until about midnight,' when we were informed that there was no more danger."

77

78

82

Interviewed by wireless

from

Way

MUDDY BATHING POOLS

In spite of its' belated ar- rival the rainy season is now well under way, and the showers which have been washing out every form of sport for a day or two can be expected to continue. The exceptionally heavy showers

*Jack Westland (U. S. A.) Washington, To-day. Observers believed that Pre-Gus Moreland (U. 8. A.). sident Roosevelt will intervene in T. P. Perkins (Britain)

George Marston (U. S. A.) the steel strike.

82 San Francisco, Mr. James Brown, yesterday, which produced 1.380 have Tommy Armour (U. S. A) The union workers reiterated their intention to strike W. Lawson Little (U. S. A.) 88 of Edinburgh, described how, in a inches of rain, making the total unless their demands are met.Johnny Fischer (U. S. A.) .. 85 blinding atmosphere of smoke, the for the year 19.625, against a nor- *American Walker Cup players, lifeboats were swung in readiness mal average of 26.58, caused the All postponment of all tennis matches, United Press, per S.C. Gold Bar Co,

T. F. Perkins won the British for abandoning the vessell.

and flooded out all but one bowling Amateur title in 1928. Lacey has the passengers put on lifebelts. won the Irish, French, and Belgian Miss Cyrene for Hansford, also green, the Club de Recreio, where, tilles in his carcer.

British, declared that the orches-in spite of unpromising. condi- tra continued to play rousingly tions, two Open Singles matches throughout the crisis, and the pas were played.

(Continued on Page 9) sengera, began dancing. Meanwhile, the officers were busy reassuring

WEATHER FORECAST the passengers.--Reuter.

Plan Rejection Denied.

SPECIAL TO CHINA MAIN (By Telegraph, Copyright, Telegra-

The new policy substitutes nego- tiation for ompulsion with the ob- Ject of inducing the Coded indus- tries to introduce revisions.

governa The announcement future Codes and industries already occurredCoded will

be approached Imme- (By Teleprank, Copyright, Teleora-phic Messages Ordinance, 1894, Re-

Washington, To-day. left.diately with a request for voluntary phic Messages Ordinance, 18P4, Received June 8, 11.18 m.)

off amendments to conform with the ceived June 8, 11.18 am.)

The National Recovery Adminis- Washington, To-day:trator, General Hugh Johnson has new policy of the N.R.A..

Senator Thomas, of Oklahoma. denied that the United States Steel the Silver Bill Institute has rejected the plan to avert the strike..

"I expect an answer in-a day or two," he said.-United Press, per S.C. Gold Bar Co.

mounted

It states that It aims at avoiding

Scores were injured, one serious-destructive price cutting, while ly, and 23 arrests were made-Reu-minimising the opportunities for Speaking on

the artificial maintenance of high amendment said: prices-Reuter,

ter.

AMERICAN SUGAR

TO COST MORE. Effective Immediately.

SPECIAL TO CHINA MAIL. By Telegraph, Copyright, Telegra phin Menkopes Ordinance, 1895. Re ceived June 8, 12.07 pm.)

New York, To-day.

INFLATIONARY RUMOURS.

More Mental Buying On U.S. Market.

SPECIAL TO CHINA MAN... (Bp Telegraph, Copyright, Telegra, The leading United Statesphic Mesenges Ordinance, 1884, R sugar refiners have announced ceived June 8, 8.48 a.m.)

that, effective from to-day, they!

"This is the worst Silver Bill ever submitted to Con- gress.

The President ia ulready authorised to do everything pro- vided in the pending Bill but has declined to do it, he added.

He charged that the Treasury

CHINESE RAILWAY

BONDS.

DILLINGER LOSES HENCHMAN. Tommy Carrol Dies From Gun Wounds.

New York, To-day. The notorious gangster, Tommy Carrol, an associate of John Dillinger, America's "Public Enemy No. 1" died in a hospital' in Iowa after being shot by Police, — Reuter,

CHINA'S BUDGET.

was withdrawing money from cir. 1929 Interests Remitted $100,000,000 Shortage.

¡culation.

To New York.

Senator Thomas also charged

SPECIAL TO CHINA MAIL that it will 'make silver a mere lok-

(By. Telegraph, Copyright, Telegra en money,

phie Messages Ordinance, 189, No. He offered an amendment to received June 8, 8.51 m.) New York, To-day,

New York, To-day. value silver and place it in thei Interest in the stock market Treasury's metallic reserve, there-

China has remitted funds to sugar from 4.10 cents per pound factor here is slight pending the by making it primary money. Un-Mesars. J. P. Morgan and. Company to 4.05 cents per pound. Unit-clarification of many current pro-lted Press, per 8. C. Gold Bar Co. to discharge interest due on June ed Press, per S. G. Gold Bar Co.blems.

are raising the price of refined

JAMAICA'S QUOTA ON - FOREIGN TEXTILES Kingston, Jamaica, To-day.

The legislature bere yesterday

passed the second reading of a B

Favourable factors are

the revival of inflationary ru- mours resulting in more metal buying, and foreign buying of rails and oila,

U. S. ROAD CONSTRUCTION

15, 1929, on Imperial Chinese Gov- erament 5 per cent. Hukuang Rail- waye Sinking Funds Bunds, 1911, American-British-French Series.

Payment of coupons of any three Unfavourable are the labour

A number of Congressional series will be made Irrespective of situation, particularly in the steel industry, the lack of trading, and leaders have agreed to, introduce the bonds have been drawn for re the uncertainty of the make-up à Bill, authorising a three-year demption. So far, no provision to

Washington, To-day.

Exaggerated.

Nanking, To-day.

Official reports state that the Budget for the current year total $700,000,000, of which

to' amount debt obligations *$200,000,000. The report of a'. shortage of $100,000,000 in sald to be exaggerated-Reuter, NEW CHAIRMAN FOR · RUBBER BODY

London, To-day,

Mr. James Fairbairn succeeds

+

AIR MINISTER IN Fair to showers, with moderate

CRASH

Forced Landing While Practising.

ESCAPES UNSCATHED

London, To-day. The Secretary for Air, Lord Londonderry, narrowly escaped death or serious in- jury when he crashed in his own aeroplane at Heston Aerodrome, yesterday after- noon, while practising with a In descending, passenger, he overshot the aerodrome.

While trying to avoid some tall trees, the plane lost fly ing speed and nose-dived and crashed tail upward.

south winds, was the weather fore- cast issued by the Royal Observa- tory this morning."

BANKRUPTCY BILL SIGNED IN US. Curtailing Receiverships

SPECIAL TO CHINA MAIL. (ly Telegraph Copyright, Telegra- phic Monnages Ordinance, 1891. Re ceived June 8, 12.07 p.)

Washington, To-day. President Roosevelt has signed' the Corporate Bankruptcy Bill, allowing corporations to reduce obligations on approval by a ma- jority of creditors in order to prevent receiverships. United Press, per 8. C. Gold Bar Co.

3 KILLED AND 14 INJURED AS OIL TANKER EXPLODES

Lord Londonderry walked calmly to the aerodrome, -Reu- shaken, but unhurt. ier.

Philadelphia, To-day. (Continued On Page 12.)" ·

Three people were killed and Through the courtesy of the Bports 14 injured in the explosion of an Club Committee, the prizes of the oil tanker which was being re- presented to the winners on Monday

Axing a quota on imported foreign of the Exchange Control Com-road construction-programme pay the principal of the bonds has Mr. Callagher to the Chairmanship Contract Bridge Tournament will be paired in dry dock here, yester

textiles,

Beuter. The Bill is aimed prin mission. United Press, per costing over U.S.$1,000,000,000, been draws-United Press, per S,C. of the Rubber Growths Association

S. C. Gold Bar Co.: cinally at Japan-Reuter,

Gold Bar Co

at 5 pag..

day:

Reuter.