1934-08-30 — Page 1

Carnation

"From Contented Cows"

THERE'S CREAM

IN

EVERY DROP.

The dollar, on demand, closed

to-day at 1/6 14.

The

FINAL EDITIONS

Library

China Mail

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

Carnation

Sole Agents:

Eat. 1545.

CONNELL BROS. CO., LTD.

HONG KONG & S. CHINA,

No. 28,817

HONG

KONG, THURSDAY, AUGUST 30, 1934.

Pat. 1845,

PRICE $3.00 Per Month.

WE PRESENT A Gorgeous Display

of Gowns

AND OUR PRICES ARE RIGHT

PAUL RENNET et CIE

Chater Road Hong Kong

Nathan Road

Kowloon

DOLLAR INFLATION INEVITABLE DECLARES SENATOR THOMAS

San

Franciscu, to-day-Mr. Upton Sinclair, the famous author, has been elected by a huge major. ily as Democratle candidate for the forthcoming contest for the Governership of California-ten-

ter.

TERRORISM REIGN FANTASTIC

REPORTS IN

KWANGTUNG| MARSHAL CHIANG'S DENIAL

PUBLIC MISINFORMED

Nanchang, To-day. Marshal Chiang Kai-shek's headquarters has issued a vigor ous denial of the reports from Canton which stated that Fukien merchants, telegraphing to. Can ton, said that Communists had attacked Puching and looted 15 villages and burned 8,000 houses

The merchants also reported

a reign of terror in Lienkong and

said that some of the Reds were

retreating towards Chekinng and

that furious fighting was going

on.

STRIKE ON SATURDAY ALL HOPES OF

AVERSION ARE

NOW BLASTED tion.

"GOOD TIME FOR

SHOWDOWN”

NO REIGN OF TERROR

are and

It is officially stated that no-

BRITAIN'S REPRESENTATIVES

AT GENEVA NEXT MONTH

Lord Privy Seal For Council And

ROYALTY TO

FURTHER REDUCTION

BE WEDDED AT

WESTMINSTER IN GOLD

CONTENT

Foreign Secretary For Assembly Late Autumn Ceremony PROVISION OF $1,000,000,000

London, Te-day. Captain Anthony Eden, the Lord Privy Seal, will represent the British Government at the opening of the meeting of the Council of the League of Nations at Geneva, on September 7. The Foreign Secretary, Sir John Simon, will pro reed to Geneva later, and will lead the British delegation at the As- rembly of the League which meets on September 10-British Wireless Service,

GOLD RUSH IN NORTH

⚫ Forecasted

PRINCE GEORGE RETURNING

TO LONDON

London, To-day.

NEW

FOR RELIEF

MONETARY MOVE?

THAT THE GIGANTIC COST OF THE UNITED STATES Exceptional interest has been

RELIEF PROGRAMME WILL FORCE THE ADMINISTRATION aroused by the announcement of TO REDUCE FURTHER THE GOLD CONTENT OF THE DOL- H. R. H. Prince George's engageLAR TO 50 CENTS, THUS BRINGING A PROFIT OF APPRO- XIMATELY ONE BILLION DOLLARS TO THE TREASURY, ment to Princess Marina of Greece. WAS THE OPINION EXPRESSED IN A SPEECH MADE YES- They left Salzburg yesterday TERDAY BY SENATOR ELMER THOMAS, ONE OF THE In company with Prince and LEADING AMERICAN SILVER ADVOCATES AND AUTHOR Princess Paul of Yugoslavia OF THE THOMAS AMENDMENT TO THE OMNIBUS' SILVER whose puests they will be at BILL

He stressed that inflation was becoming more and more of a their Villa on the shores of Lake Bled Prince George, was at the necessity, and declared that the broadcast speech made on Tues- wheel of the car in which he and day night by the Treasury Secretary, Mr. Henry Morgenthau. pre-

.

RICH DEPOSITS once travelled, and his saged a new monetary move.

DISCOVERED

LOCAL CHINESE ON PROSPECTS

That the adjacent districts of

Fred Perry, holder of the Wim- bledon, American, and Australian lawn tennis championships, has re- fused a $50,000 offer to turn pro- fessional

hosts followed in another car. Wall Street, however, believes that immediate inflation is not PERRY'S REASONS

Their Highnesses have heen overwhelmed with congratulations|

likely.

on their betrothal, and Their Ma- PROFITS ON GOLD,

STOCKS FOR DEBT

jesties the King and Queen, who are in residence at Balmoral Castle, also received many messages of

TO BE "UNDER LOCK AND KEY"

Washington, To-day.

KENNEDY REFUTES

ALLEGATIONS Securities' Act Not. Dull Trading Cause

SPECIAL fo CHINA MAI

(By Telegraph, Copyright, Telegra

Messages Ordinance, 1891, Re-

Marshal Chiang's headquarters déclares that no Communists in the vicinity of Puching that reports of burning and loot- ing are absolutely without founda-Yan Ping, Hoi Ping, and Toy congratulations yesterday:

Shan, which are situated, about] No official announcement of the date 100 miles to the north-west of of the wedding has been made, but the Hong Kong, are rich in gold de-reas anticipates it will take place in London, probably in Westminster. Ab- Athing in the nature of a reign of posits with exceptionally bright bey, in the late autumn, and precedents In a broadcast to the Nation phic

the prospects for the future, was the are being examined regarding proce-on Tuesday evening, the Secreceived August 30, 10.12 am.)

Washington, To-day. terror exists anywhere in

tary of the United States Trea. the opinion of Mr. George Yip, a min-dure.

The Chairman of the Stock Ex- Lienkong region, and that

(Continued on Page 9)- sury Department. Mr. Henry only Reds approaching Chekianging engineer now connected with

Morgenthau, stated that the pro change Control Commission, Mr. are a few hundred remnants of the Yokohama Specie Bank, who recently returned to the Colony The forces who were defeated by after a two weeks' exploration Government troops at Shinkou and tour to those districts following··· By Telegraph, Copyright; Telegra Leyuan, and that these have al- the gold rush to Tai To Po Shan.

located at Yan Ping.

Interviewed by the Chua Mail New York. To-day. the Chekiang border is described as yesterday, Mr. Yip said that not Contrary to Washington, cot-absolutely groundless.

only gold, but also coal, iron, tin, ton brokers expect a strike in Canton report that Hunan troops and wolfram are to be found in the textile industry. Manufae have captured Kweitung after rout-those districts. turers feel that this is a guiding the Reds is also described as

NEITHER SIDE TEND TO CAPITULATION

SPECIAL TO CHINA MAIS.

hi Afegen Ordinance, 1894. Reready been surrounded, Feierd Angel 36, 1.47 am)

The story of furious fighting on

while the

The gold found in the Yan Ping time for a showdown in view of fantastic, the headquarters stating and Hoi Ping Districts was dia- the large stock on hand and dull that weitung has never been held covered mostly in alluvial deposita, business, but they doubt whether by Communists and has been a while that found in Toy Shan was there will be a complete shutways garrisoned by Government down. - United Press. per S. E. troops.---Renter.

Levy and Company.

A high authority of the Cotton

Code yesterday said that the in- RED MENACE

dustry will deal with the workers' demands only through the Code Authority, due to the employers' view that the demands for shor ter hours and wage increase is a

matter that can be treated only through the regular Code channels. (Continued on Page 9) "Strike Justified"

Washington, Later.

SPREADING TO

KWANGTUNG

TROOPS RUSHED TO STEM INVASION

LOOTING IN HUNAN

in reefs.

(Continued on Page 8).

"Still Nowhere Near Nominations"

FOR NOT TURNING A PROFESSIONAL HALF OF EARNINGS LOST TO TAXES

FALL FROM GRACE IN ENGLAND $50,000 Offer Declined

Rye, N. Y., To-day.'

thanager of the Tilden-froupe.

Perry advanced two reasons

SALVATION ARMY at on gold stocks realised by the Joseph P. Kennedy, has ordered Fred Perry, Wimbledon tennis Government through the de that exchanges wishing to continue champion, has refused an offer of ELECTION & valuation of the dollar will be trading in unliated securities ad-$50,000 to turn professional. The eventually used to reduce the united prior to March 1, 1984, must offer was made by Bill O'Brien, National Debt. The present pro le applications, giving special in fit will remain "under lock and formation on market conditions.

He denied that the Securities' Act key."

(Continued on Page 12).

was responsible for the present dull for his refusal, firstly, that he

would have to pay nearly half his. · trading on the exchanges. United earnings in taxes, and, secondly, Presa, per S. E. Levy and Company that he would be ostracised from virtually every English Club:-- Silver Revaluation At Reuter.

London, To-day..

The secrecy surrounding the Salvation Army High Council discussions was partly relieved Commis. yesterday by the stoner, Mr. Carpenter, in an interview.

י

"We are still nowhere near the "We are on

DUBLIN WITHOUT nominations", he said.

NEWSPAPERS

NOW ENTERING FIFTH WEEK

still building up procedure which the nominations will be hased.

PROFITS “NEST EGG" SAYS ROOSEVELT

Delay In Use

SPECIAL TO CHINA MAN.. (By Telegraph, Copyright, Telegra phie Morsages Ordinance, 1894, Ro- ceived August 30, 947 m.)

Hyde Park, To-day. President Roosevelt yesterday

16 To 1 Ratio

POSSIBILITY SEEN ON WALL STREET

can

Perry is defending his Ameri- National Singles title at Forest Hills at the beginning of next month, and will later pro ceed to Australia to take part in the Melbourne Centenary tourna ments.

(Continued on Page 9.)

F.B.I. MANCHUKUO MISSION

London Journal Lauds Efforts

SPECIAL TO CHINA MAIL.

New York, To-day. Wall Street talk is strengthening stated that he regards the U.S.$2the possibility of the revaluation "We had disagreements in 1929, 800,000,000 devaluation profit as of silver at a ratio of 18 to 1 to hence, this time we shall not hurry. nest egg to be ultimately used for gold which would make the price but will build up permament ma reducing the national debt, thereby of the dollar 2.18. chinery on which all future elec-subscribing to Mr. Henry Morgen- Production of domestic silver in Itions will be based.-Reuter. thau's policy. He emphasized the July totalled 1,825,000 ounces, as Forty-seven Salvation Army High word "ultimately", however, indi- compared with 2,312,000 ounces in Councillors, from all parts

cating that some time would elapse July.

Further American gold ship-

London, To-day. to before any steps could be taken. auccessor

Talking to reporters, Presidentments are likely if the Government The swift and efficient develop- Hoosevelt declined further to inter continues buying silver abroad-ment of Manchukao is a common pret Mr. Morgenthau's statemente United Press, per S. E. Levy and interest, declares the Daily Tele- or comment on the threatened tex Company, tile strike, although it is generally felt that he intends to enforce the George Coleman, son of Sergeant hour-cutting and wage-raising or-

November.

of the

in

Dublin, To-day. Dublin is entering its fifth newspaperless week. The Minis- ter of Industry and Commerce, world, are assembled in London for the From Our Own Correspondent) The President of the American

Mr. Sean F. Lemass. declares purpose of electing a Canton, To-day. Labour Federation, Mr. William H. Green, in a broadcast address yes Semi-official reports stated last that his interventionary efforts General Higgins, who is retiring terday, gave approval to the threa-night that the Cantonese troops in have 80 far been unsuccessful. tened textile strike as justifiable Northern Kwangtung have been Prospects of a settlement are

{very remote.

The editorial staffs of three because the Textile Code has not ordered to proceed to Southern realised the pro-labour purposes of Kiangsi in order to strength the morning newspapers and two Cantonese troops there in view of evening newspapers are working Communist attempts to break out their notice, after which they Coleman of the Lincolnshire Regi- der-United Press, per S, E. Levy through the Cantonese lines. STOP PRESS Five hundred new recruits from will be unemployed, except for ment, was admitted to the Military and Company.

the N.R.A-Reuter.

en

ARMY SERGEANT'S SON BITTEN BY DOG

-

one evening journal on which the Hospital yesterday suffering from Kwangsi reached Shaokwan yes reporters and sub-editors have a 'bite received from a dog belong- terday afternoon

route to been promised two-thirds of ing. to Sergeant Weire.

an indefinite The dog was sent to Kennedy STRIKE CALL AT Onyuen, Southern Klangsi, to join their salary for Reuter. the Kwangsi 44th. division. There period.

Town for observation. is a tendency to move more troops

NOON Washington, To-day. After the United States textile employers had rejected the conference, yesterday, the - Chairman of the Strike Com- mittee, Mr. Francis Gorman stated:

"Now the air is clear. There are more subterfuges to which the employers can resort.".

The strike call will probably. be sent out at noon to-day, following the meeting of the Executive Council, Mr. Gor- man has asked the workers to remain in their jobs untii noti- fied of the strike and he also stated that the workers are not 'striking against the Govern ment, but against the industry, United Press, per S. E. Levy and Company,

to Southern Kiangai in view of the fact that the Reds in Central Kiangsi are coming southward...

An unconfirmed report stated

Activity Doubled On Clydeside As

that the Reds have been pushed Launching Of Cunarder Draws Near

southward by. Nanking, troops at the orders of Marshal Chiang

| Kai-shek, Chairman of the Mill- Itary Affairs Commission. If the

Communists

London, To-day...

REASSURING THE NATION

New Interpretation Of Morgenthau's Speech

SPECIAL TO CHINA MAIL. (Bu Telegraph; Copyright, Telegrov phic Lessages Ordinance, 1994. Re ceived August 30, 10.1% am)

Washington, To-day. Observers regard Mr. Morgen- thau's speech as a move to reassure

The work of greasing the ways Preparations for the launching has been started, over 150 tons of

the nation on the eve of the forth are being pressed of the giant Cunarder, No. 584, on tallow, 60 tons of black soap, and

a ton of oil being used, DOW A special suite of rooms are being coming re-financing. farther South, it is very likely the Clyde next month are they will, be forced to fight their well advanced and some of the erected for the accommodation way into Kwangtung.

V

(Continued on Page 9):

WEATHER FORECAST

They are surprised at the estim staging surrounding the vessel of Their Majesties the King ate of the recovery cost at has now been removed and its and Queen who will attend the US$505,000,000, in view of the graceful: Ines are fast becoming launch, including a dining room Republicans estimate of U.5.828,-

000,000,000. for 1,000 guests. apparent.

The Treasury estimates that Pre- Three propellors are in position, Special grandstands are being Generally fine, with moderate and the fourth will be secured built to hold the many thousandssident Roosevelt's Administration south-west or variable winds, was within a week, while the great of spectators, and enclosures are has spent U.S.$8,812,112,212 in 16 the weather forecast for to-day, as mass of drag chairs to check the also being reserved for the public months against an income of issued by the Royal Observatory strain of the launch are for the to witness the launching British U.S.$8,911,581,184. — United Press,

por S. E. Levy and Company. Wireless Service most part in position this morning.

STERLING CLOSES AT LOW RECORD ON BOURSE

graph to-day apropos of the de- parture of the British industrial

mission, adding that if an agree ment could be reached allotting the functions and trade in Manchukuo Paria, To-day.-Sterling officially it might be gradually extended into closed yesterday at a low record of something with a larger scope. 75.52 francs. The unofficial closing In the long run there must be a was 76.42. francs-United Press, settlement by goodwill of the acute problema of competition which are per S. E. Levy and Company,

retarding the recovery of world trade, the journal asserts-Reuter.

Ordered by his physician to take a long rest because of his failing eyesight," Mr. Ramsay MacDonald, British Premier shown upon hin, uzzival in Mont÷ real, Canada, for a vacation.

BALTIC ENTENTE Complete Agreement

Reached

Riga, To-day.

A complete. agreement for a Baltle Entente has been reached at a conference be tween Latvia, Lithuania and Esthonia, and 'now awalts formal ratification.

It contemplates periodical con ferences between the Foreign Ministers of the three nations, the aim being to identify the foreign policy and ensure close co-operation between the consu lar and diplomatic services of the three countries. Reuter.