1934-08-25 — Page 1

I

Carnation

Cornation

"From Contented Cows"

THERE'S CREAM

IN

EVERY DROP.

Sole Agenta: CONNELL BROS. CO., LTD.

MILK HONG KONG & 8. CHINA.

The dollar, on demand, closed -to-day at '1/6, 1-4.

The

Com

China Mail

Est. 1845.

Est. 1845.

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,813

HONG KONG, SATURDAY, AUGUST 25, 1934. PRICE $3.00 Per Month.

WE PRESENT

Gorgeous Display

of Gowns

AND OUR PRICES ARE RIGHT

PAUL RENNET & CIE

Chater Road

Hồng Hoay

Nathan Road

Kowloon

VIRTUAL CURRENCY WAR REPORTED ON WORLD MONEY MARKET

JURISDICTION

DOUBTED IN U.S.

TEXTILE STRIKE

FEDERAL MEDIATION AID DECLINED.

FORMER INDECISIONS CITED

SPECIAL TO CHINA MAIL.. (y Telegraph, Copyright, Telegro- phic Messuper Ordinance, 1804, Re- ceived August 25, 10.14 a.m.)'

New York, To-day.

Mr. Douglas Crozier and Miss Ann Hobbs leaving St. John's Cathedral after their wedding yesterday afternoon. Mr. Crozier Hong Kong (King's Studio).

The Textile Union has rejected master at King's College, the Labour Relations Board offer of federal mediation in the strike

dispute.

The Union said that it doubted the latter's jurisdiction and add- ed that it lacked the confidence] and ability to adjust the issues.

We would he unfaithful to our members who have suffered through the delays and indeci- sion of the Board if we submit the crisis to the same Board," the union officials declare. — United Press, per S. E. Levy and Company.

Secret Instructions.

Washington, To-day.

A special strike committee has the textile formally instructed workers to prepare to strike. is said that secret instructions re-

It

LANCASHIRE

SUPERIORITY

NOW PROVEN

SUSSEX DROP FIRST INNINGS POINTS.

YORKSHIRE AGAIN BEATEN

London. To-day, Lancashire, who jumped into the lead of the County Cricket Championship recenty, definitely established their superiority by taking first. innings points from Sussex, from whom they, took the lead, in the mid-week cricket fixtures which concluded yester day.

HEAVY FRANC BUYING

BY GOLD BLOC

BRITAIN'S FIGHT AGAINST STERLING SLUMP

GOLD FLIGHT FROM AMERICA

SPECIAL TO CHINA MAIL.

Bu Telegraph, Copyright, Telegraphic Messages Ordinance, 1894,

Received August 25, 9.57 am!

New York, To-day.

Capt. Albert W. Stevens, left, and Ma), William Hepner, cen tre, seen while preparing for their recent stratosphere fight from" ́a. point near Rapid City, S.D., are pictured in front of the gondola which crashed in the fight, with Captain Anderson, right, In charge -- of the ground crow.

There are signs and evidence that a virtual currency war broke out yesterday morning with France and Switzerland buying francs on a heavy scale, while the British Equalisation Fund inter- vened early in the forenoon and bought sterling LONDON'S

to the value of £1,000,000.

The sharp rise in the London gold price corresponded with the slump in the value of sterling yesterday morning, which ex- pèrls regard as a British move as a result of nationalisation of silver by the United States.

Other commentators suggest that depression of the pound sterling may have been designed to anticipate the mooted inten- 750 tion of President Roosevelt to further devalue, the dollar.

SOME WALL STREET AUTHORITIES BELIEVE THAT GREAT BRI- TAIN INTENDS TO REVALUE STERLING, CITING YESTERDAY'S LONDON GOLD PRICE OF 139/8 AND THE FURTHER WEAKNESS OF STERLING AGAINST THE FRENCH FRANC AS AN INDICATION. The export of gold from the United States is regarded as likely to increase unless the Government changes its silver policy.

United Press, per S. E. Levy and Company.

Lancashire scored only 196 in GOLD PRICE MAY garding the conduct and date of the the face of Maurice Tate, the ex-

BE RAISED strike will be sent by mail worth-England bowler, who took 6 for 150, Sussex, however, were dis-

missed for 143. Batting again, 1,060,000 Dollar Export the northern county declared

To Europe.

with.

(Continued on Page 9),

WORLD SCULLING after scoring 321 for 8, Pearce,

TITLE

with 6 for 61 bearing the brunt

SPECIAL TO CHINA MAIL... of the Sussex attack. In their

(By Telegraph, Copyright,. Telegra. second knock Sussex scored 126phic Messages Ordinance, 1894, Re Pofor 2 before stumps were ceived August 25, 10.14 a.m.):

MILLER CHALLENGES drawn.

PEARCE.

BERT BARRY BEATEN

#

· Toronto,' To-day, In the eliminating races for the world's sculling cham- pionship over, 3-miles course on Lake Ontario," Miller

beat of America, Bert Barry, of England. by three-quarters of a length in 21 mins. 24.1/5.secs. Pearce, the holder, of Canada, beat Eric Phelps, son of the

bargemaster King's

by lengths in 19 mins. 38 secs.

The winners will meet in the! final on Friday, August 31.

Reuter.

20

NEW LANDSLIDE AT BELCHER ST. Blocked Road Rumours Discounted.

A further small landslide took place near the Fire Station in Bel-

(Continued on Page 4. Resalters, as cablert by Reuter,

¿were:-

AL Eastbourne, Lancashire secured first innings points, from Sussex.

Lancashire: 198 (Tate 6 for 50) and | 321 for 8 dec. (Pearce 5 for 61). Sussex: 143 and 128 for 2.

(Continued on Page 4)

DAVIS CUP THIRD ROUND

GERMANY LEADING DENMARK.

HOLLAND AND SWEDEN ALL SQUARE

London, To-day.

New York, To-day. American bankers yesterday announced that they are ship- ping an additional 1,060,000 gold dollars to Europe. Wall Street forecast that gold ex- ports. will reach large propor- tions and it is wondered whe ther the Treasury will be forced to raise the gold price. United Press, per S. E. Levy and Company.

PESO LINK WITH

FRANC?

Dollar May Be Abandoned.

SPECIAL TO CHINA MAIL (By Telegraph, Copyright, Telegra phic Messages Ordinance, 1804, Re ceived August 26, 20.14 m.)

Washington, To-day.

The Third Qualifying Round for Mexican financial publications 1985 the Davis Cup Lawn Tennis are predicting that the peso will competition has commenced, Swe-abandon the link with the dollar den meeting Holland at Stock-and adhere to the franc, due to United States silver policy-United

Washington, Later. United States Treasury ex- perts are closely watching the effects of foreign exchange ru mours on the dollar. It is indi-

cated that the reports of cur- rency war with Great Britain are without foundation. -United Press, per S. E. Levy and Co.

NOISES

NIGHT

MOTORISTS TO

BE FINED FOR

ROWDYISM

50,000 TICKETS SOLD IN JOCKEY CLUB SWEEP

Through Tickets Purchased

For Next Meeting

Sales in the Picnic Bay Stakes $1.00 Sweep, to be run on Satur day, September 22, passed the half way mark, 50,000 tickets, yester- day.

The number of through tickets sold for the Seventh Extra Meeting now totals 750.

COLLAPSE

IMPOSSIBLE FOR U.S. TO BE OPTIMISTIC.

fine

NO HORNS AFTER

11:30 PM.

NEW SILENCER INVENTED

London, To-day

MANCHUKUO MISSION PRESS REPORT

REFUTED AS

INCORRECT |MISINTERPRETATION

OF INTERVIEW.

"NOT CONCERNED WITH

POLITICS..

London, To-day.

In a letter to the "Morning Post," in reference to an article therein quoting an interview in which he is reported by à Londen representative of a Japanese pa- per as having expressed certain

opinions about the political rela-

Lions of Great Britain with Japan and Manchukuo, Lord Barnby, leader of the British trade mission to Manchukuo states that he feels that some misunderstanding must have arisen in connection with the matter,

The mission which I have the.. honour to lead to Japan and Manchukao is not concerned in any way with political questions, which are entirely outside its scope," he said. "Neither am I personally qualified to express A determined effort is being an opinion on political questions made to lessen the noise of Lou affecting the relations of Great don streets at night and, as from Britain with other countries. Monday next, any motorist who I feel it right to make this within a radius of five miles of quite clear in order to avoid any OF SOVIET DEBT Charing Cross, sounds his horn misinterpretation of the objects between 11:30 pm and 7 sm of the mission which is proceed- NEGOTIATIONS will render himself able to ing to the Far East," he con- tinued. "We are going there in The Transport Minister, Mr an entirely Tinofficial capacity for Hoare Belisha, has also appoint business purposes, also in the ed a committee of seven specia hope of making friendly contact ists, presided over by the well between the business communi- known engineer, Sir Henry Fowl-ties of the respective countries." er, to consider and report on the-Reuter. principal causes of noise in the operation of mechanically propell- The price of gold in London yes-

The collapse of the negotiations ed vehicles, and the steps which terday rose sharply by d. to 139/8d, per fine ounce, and is now for the settlement of the Soviet- can effectively be taken to limit only ninepence below the record American debt claims, involving it. The committee includes repre- high price touched on February an amount estimated at U.S.$500,- sentatives of the motor-car and motor-cycle manufacturers, acien- following President Roosevelt's an- nouncement of the dollar devalua- 000,000, is indicated in a state-tists from the National Physical ment issued yesterday by the State Laboratory, and officials of the

Transport Ministry. tion plan,

Yesterday's price included a pre-Department. mium calculated at 2/8d. over the It declares that it is impossible dollar and 7d. over the French to be optimistic that an agreement

will be reached.

franc.

Sharp Rise In Gold Price In London.

Leadoo, To-day,

STATEMENT ISSUED

Washington, To-day

The statement followed the visit of the Soviet Ambassador, M.

The rise in price stimulated In- terest in South African mining shares on the "stocks. market and the prices strengthened-British Troyanovsky to the American Se- Wireless Service.

(Continued on Page 9)

LOCAL DOLLAR STEADY.

Silver Prices Firm.

holm and Germany meeting Den-inflationary Interpretation of the The local dollar remains steady,

mark at Copehagen.

(Continued on Page 4) Results, as cabled by Renter,

cher Street last night, although were:--- rumours that the roadway was again blocked are discounted by 6-1, 6-1, 6-1.

Oestberg (Sweden) beat Knottenbolt

Timmer (Holland) beat Schroeder the Roads Department. The fall, 60, 61, 6–9.

WEATHER FORECAST.

tretary of State, Mr. William Cor- dell Hull, for the purpose of pre- senting a counter-proposal in con- nection with the United States pro- posal which was made in writing recently.-Reuter.

GOVERNOR'S SON LEAVES COLONY Bound For Singapore.

Press, per 8 E. Levy and Company, opening on demand this morning

at 1/6

Spot and forward: silver prices

Mr. W. J. Peel, the eldest son of remain unchanged, closing prices. of both being 21 9/16 yesterday. His Excellency the Governor, Sir The London on New York cross William Peel, KC.M.G., K.B.E. left rate, which closed on Thursday at this morning for Bingapore on the U.S.$5.08%, closed yesterday at P. and 0. liner Ranpura, after a

..$5.07%, while, the New York short holiday in Hong Kong

London rate closed at Lady Peel and Mr R. O. Feel U.S.$5.06% as compared with were present on the ship to bid him U.S.$5.08 on Thursday, farewell

Fair to showery, with moderate. south-east winds, was the weather it is stated, is only a minor one Henkel (Germany) beat Anker forecast for to-day, as issued by and there is no hindrance to, traf- Jacobsen 13-11, 62, 6.

Con Cramm (Germany) beat the Royal Observatory this morn

fic.

Ulrich 6-3, 6-1, 6-2.

ing

MYSTERIOUS BOMB Public Car Driver Victim of

EXPLOSION”

Jaffe Road Incident.

on

Highway Robbery Al Tytam TREASURY BILLS ISSUE

A Chinese wearing the uniform o

of car to see a friend, and returned,

a Chinese soldier, was arrested last sitting beside the driver. The other An Incendiary bomb, apparently night at Stanley following assault remained in the back seat. detonated by the action of an old, and highway robbery on Kong Liu, He was then ordered to return to

the exploded on the staircase of No. 85 licenced public car driver near Hong Kong vis Shaukiwan. When and 87, Jaffe Road, at about 11 Tytam at about 1 a.m. o'clock last night. Little dam Kong reported that, when parked the man un was done and nobody was injur In-Des Voeux Bond Cent The owner of the bomb and Cause Chinese engaged him to

rdeen, of the explosion remains a 2017ater.

"On arrival ene

for the $80,000,

London, to-day-The amount plled for in tende 000 Tr

wal allo

(Continued on Pago 9)

CHILD LABOUR ABOLITION

Permanent Legislation Aim Of N.R.A,

JOHNSON REMAINING HEAD

SPECIAL TO CHINA MAIL (By Telegraph, Copyright, Telegra- phie. Messages Ordinance, 1894, Re- ceived August 25, 10,15 am)

Washington, To-day President. Roosevelt has. emphatically stated that General Hugh Johnson is re-i maining in the N.B.A. ad- ministration. He said that at present he was forming a programme of legislation to tion of hild labour and the make peermanent the aboll- abolition of unfair, practices. The National Recovery Admini

strator, General Hugh Johnson, Roosevelt, said that the reorganisa- after a conferenco with President tion of the NRA, would be settled at Hyde Park in a fortnight's time. After General Johnson's confer ence, the General Counsel of the N.R.A. Mr. Downld R. Chicago held a conference with Bus Company, has permitted the sident United? Press, per

the "Bing Eagle Levy and Company.

A declaring

"BLUE EAGLE WITHDRAWN FROM CHICAGO BUSES

Chicago, To

(Continued on Page 9.)

BRITISH GIRLS WIN TITLE

U.S. Finalists Default At Germantown. WILDE AND MISS STAMMERS LOSE IN QUARTER-FINALS

Germantown, Phil To-day. Kathleen Stammers and Freda James, British Wightman Cap players, yesterday won the Women's Doubles. Invitation Lawn Tennis tournament, run in conjunction with the American National Men's Doubles Championship, when Miss Cruikshank and Mrs. John Van Ryn defaulted in the Final.

(Continued on Page 4) Results, as cabled by Reuter were:

Women's. Doubles: Miss K, Stammers and. Miss F. James received a w.o. from Miss Cruik shank and Mrs. Van Ryn.

Mixed Doubles.

Stoefen and Miss E. Ryan beat B H.D. Wilde and Miss K. Stammers, 8344, 14–12-

Reach Final Round. Allison And Van Ryn

MENZEL AND KIRBY BEATEN

Germantown, Phil. To-day. Wilmur Allison and John Van Ryn defeated Roderique Menzel and Vernon Kirby to enter the Final of the American National Men's Dox- bles Lawn Tennis championships" yesterday, They will meet Lester to make the sa- Letters of administration for the

local estate amounting to $5,500 of the Stoefen and George Lott, the and Wimbledon champions. late Eins Gertrude Wheeley, widow

last at 29 W

Trole the

who died on January

SE Medina Road, ford, Kent; have been-By

granted to

mble

Alison and J. Van Ryn beat R. sol and J. V. Khay 48, 6-1