1934-10-15 — Page 1

Carnation

Carnation

"From Contented Cown"

THERE'S CREAM

IN

EVERY DROP.

Sóle Agents: CONNELL BROS. CO., LTD.

MILK HONG KONG & S. CHINA.

The dollar, on demand, closed to-day, at 1/7 7-8. -:

FINAL EDITION

China Mail

Est. 1845.

Bat. 1845,

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST

No. 28,856

..

HONG KONG, MONDAY, OCTOBER 15, 1934. PRICE $3.00 Per Month.

Court

Mana

MEN'S QUALITY,

PULLOVERS CARDIGANS

SLIPOVERS

HUGE RANGES

TO CHOOSE FROM

BERNARDS of HARWICH

Des Voeux Road, Hong Kong

CHINESE NATIONAL GOVERNMENT FIXES SILVER EXPORT

DR. KUNG OUTLINES REASONS CURRENCY SAFEGUARD GOVERNMENT

NECESSARY

ISSUES FULL

TEXT OF ORDER

“DOLLAR DEVALUATION WILL NOT WILL BE EFFECTIVE

BE CONSIDERED

EMBARGO UNDESIRABLE

Nanking, To-day.

TO-DAY

Economic Interests

Safeguarded

Nanking, To-day.

The Chinese National Govern-

"In view of the undue rise in

Commenting on the National Government order regarding the new duties on silver exports, Dr. H. H. Kung, Finance Minister to the Government yesterday issued the follow- ment, stated that there had been no reasons to ex-ing, order regarding the imposition pect "that the forces which had been recently sti- of a new duty en silver exports: mulating the price of silver abroad would soon the price of silver in relation to cease to operate, therefore the Chinese Govern- the level of general commodity prices, the National Government, ment, out of regard for the economic welfare of in order to safeguard Chinese the people living in China, had taken this measure economic interests and to protect China's currency, has fixed a cus◄ as a necessary step to safeguard China's currency toms duty on the export of silver, from the potentially dangerous drain on the coun-effective as from October 15, de- try's monetary reserves and in order to place a tails of which are as follows: check upon the operation of harsh deflationary forces, which had been reflected in falling com- modity prices.

Dr. Kung said that the measure had been decided upon after most careful consideration of various proposals for meeting with the emergency and after full consultation with leaders of busi- nessi and finance.

On silver dollars and mint silver bars, 10 per cent duty, less 2-1/4 per cent. minting chargos already paid, that is 7-3/4 per cent.

On all other forms of silver, 10 per cent. duty. (in Heu of the above 2-1/4 per cent. not paid).

In addition, The Chinese Government considered that it should not im-

an equalisation pose on embargo on the export of silver and preferred the im- charge will be imposed on the ex- position of a flexible export duty that would restrain exports of port of silver equal to the defi- silver within the limits actually required by balance payments. ciency, if any, existing between THE FINANCE MINISTER STATED IN CONCLUSION the theoretical parity with Lon- THAT HE WOULD NOT EVEN CONSIDER THE REDUCTION don silver and a rate of exchange OF THE SILVER CONTENT OF THE CHINESE DOLLAR ofcially fixed by the Central WHICH PROPOSAL, HE STATED, WAS NEVER MENTIONED Bank of China after making due AT THE CONFERENCES. REUTER,

SHANGHAI NAME

Simultaneously with the pro-i mulgation of the National Goy-

ernment's order regarding the GOLF TEAM TO MEET imposition of a new export duty on silver, the Central Bank of China, at Shanghai, has made the following announcement:~~

COLONY SEXTETTE Hunter Unavailable For Northerners

RICKETTS AND McTAGGERT EXCLUDED

allowance for the payment of the jexport duty."-Reuter.

US. REPLIES TO CHINA PROTEST

Contents Not Revealed

SPECIAL TO CHINA MAIL.

ENCLOSED

MONADE DECK

8

{tob

*LOUNGE.

BALLROOM

WISTING ROOM

SMOKING "ROOM

PRÓHIHADE

ENCLOSED PROMENADE DECK

PROMENADE "B" DECK

ENCUSSED PROMEMADE SUITES

SUITES

LIBRARY

Witness testifying befor: the New York inquiry into the Morro Castle: disaster agreed that the Are started in the library (1) spreading to locker. (2) in the lounge where the explosion, occurred. The above.aliows the ship before and after flames swept her and ́st the right are views of the library.

originated.

DUTY

EUCHARIST CONGRESS STIRRING SCENES

MARK CONCLUSION

OF MASS MEETING

Thousands Present For Pontifical High Mass

PAPAL BLESSING-BESTOWED ON 750,000 DRAWN FROM ALL PARTS OF WORLD

Buenos Aires, To-day, ` Stirring scenes, almost moparað. leled in South America, marked the closing of the Eucharistic Com gress yesterday.

Attended by hundreds of thou- sands of Catholics fram all parts of the world, the Congress ended with Pontifical High Mass, sung in Palermo Park at a huge cross which surmounted the high al tar. Cardinal Pacelli, the Papal Legate, was the celebrant

The sacred words were relayed to the congregation of 750.000 by means of amplifiers. Cardinal Pacelli bestowed the Papal Bless ing on the huge congregation, after which the national sections. bearing banners. held a proces- sion through the principal streets of the city. Reuter,..

The biennial congress was held in 1932 at Dublin, and in scheduled. to be staged early in 1958 ́ ́at Manila, for the first time in "the" Orient.

before and after the disaster with an arrow pointing to the closet where the fre is said to hate WARSHAL CHIANG UNITED ACTION AGAINST DEPRESSION

YUGOSLAVIAN

LOYALTY SHOWN

⠀ TO LATE KING Railway Line Mass Of Flowers

HUGE CROWD FILE PAST COFFIN AT ZAGREB

"Notice is hereby given that the Central Bank of China will notify the Customs authorities at 11.30 a.m. daily on all business days, be- (By Telegraph, Copyright, Telegra ginning as from October 15, of an phic Messages Ordinance, 1891, Ba- official rate for determining the ceived October 15, 8.35 a.m.) deficiency between the theoretical

Washington, To-day. The State Department has an- Iparity of London silver and the

Zagreb, To-day. Shanghai, To-day exchange rate on London in Shang-nounced that the reply to China's Shanghai have nominated their hai, in accordance with the terms representations on the

The strains of the Yugoslavian golf team to meet Hong Kong in of the Chinese National Govern. silver policy has been handed to the National Anthem announced the ar- the Interport series on Wednesday ment's order fixing the export duty Chinese Matte Wash tival yesterday, of the funeral on silver and imposing an equalisa-Dr. Alfred Sze. Officials yesterday tion charge on the export of silver." declined to reveal the contents train al Zagreb station. The king's United Press, per S. E. Levy and Company.

and Thursday as follows:

A. R. Blinko.

C. O. Camming.

J. W. Harrison.

W. H. C. Huggett.

A. Logan

-Reuter.

WOMAN'S FATAL FALL

American

Avoiding Disturbances To China's Finances

Washington, Later, The State Department has made

last journey evoked an impressive demonstration of loyalty and af- fection from the whole of the people.

T. S. M. Terrace.--Reuter, MakTal Choi, a, Chinese women

Waiting peasants scattered Harrison, present China golf residing at No. 56 Bonham Road.

masses of flowers on the railway champion, Huggett, and Terrace was picked up in the street after

line, while Serbs, Bosnians, Mo- were members of the Shanghaiļa full from the first floor last night.

hammedans, Catholics and Croats, team which failed to score a point Taken to the Government Civil Hos public the United States and China without distinction, flocked the against Hong Kong in the Triangu-pital at 8.15 p.m., she died from her silver notes, remarking that the railway line to see the passing lar Interport at Fanling in January injuries at 10.45 p.m.

Silver Act will be administered, "to of the Royal train. last year.

avoid as far as possible, disturb It is unfortunate that D. Hun- H.M.S. Folkestone, from Nimrod ter is unavailable for the north-Sound, H.M.S. Adventure, from ances-to the economy and public erners, but it is a surprise to see Shanghai, are due in Hong Kong to finances of China."-United Press,

per S. E. Levy and Company.

A. P. Ricketts omitted. He is ex-

pected to do well in the

Open, the qualifying round

Chino for

morrow.

which was played yesterday. The Stella Walsh Betters Her Own

exclusion of McTaggert, a very big hitter, was also in the nature of à aurprise.

..

(Continued on 'Page 9.)

NOTED SCIENTIST

PASSES

The coffin was placed on a cata- falque in the Royal reception room. where crowds continued to file past

all night long-Reuter, *

Alleged Accomplice Liberated

World Sprint Record In Japan BULGARIAN SUBJECT

Annemasse, To-day.

BRITON IS KILLED

ROAD TRAGEDY IN SHANGHAI

NEWCOMER FROM GLASGOW

Shanghai, To-day.

Mr. A. M. McDougall, a na- tive of Glasgow, was killed in an unusual trafic accident in

Bubbling Well Rond yesterday,

while riding a motor-cycle.

Mr. McDougall swerved in order to avoid hitting a Chin- ese who ran across the road in front of the motor-cycle, and

Dougall was thrown on to the

BIG U.S. BUSINESS

INTERESTS AT LAST

SEEKS REFORMS

Intensive Study Made

The

In Interior

Sianfu, To-day. Generalissimo, Marshal

SUPPORT ‘NEW DEAL Chiang Kai-shek, accompanied by

CO-ORDINATED DRIVE

NEW LOANING SYSTEM

SPECIAL TO CHINA MAIL.

his wife, is very busy studying problems requiring Government attention, and receiving reports from provincial officials on ques- tions of communications, economic council work, education, opium suppression, etc.

The couple are doing theirut,

encourage officials and

¿By Telegraph, Courricht, Talopmost to

phic Messages Ordinance, 1894, Ri- people to adopt the measures of |ceived: October-15, 8.85 a.m.)

Washington, To-day.

the Central Government, and are advocating for the betterment of living conditions and an improve-

Reuter.

The White House is most grament in the economic situation.-- tified that big business and indus trial in'erests are beginning really

⚫ upset his machine. Mr. Mc- constructive co-operation with pavement, fracturing his skull the "New Deal," ensuring, even- and succumbing four hours tually, a co-ordinated Government later. The pedestrian was not

and a private drive against the de- seriously hurt.

Mr. McDougall arrived here pression after the irritating tac- only three months ago. Reutics which the White House inter- ¡preted as obstructionist and selfish, It is understood, however, that IMPROVEMENT IN the Administrations activities junder the reciprocal tariff scheme was one of the main factors Jin forcing big businessmen into line, because the manufacturers

ter.

CANTON

TWO TYPHOONS ARE REPORTED

Philippines Threatened By Both

A typhoon, is eltuated in about 126 tongitude-north and 13 latitude {north, moving north-west, accord-

g.to a report issued at 8.10 a.m this morning, through the Ameri- can Consul.

on Its

present course the typhoon, which is now very close

Mr. Chiang Pays High feared that their goods might to Legaspi in the Philippines,

Tributes

be imperiled by cheaper foreign would pass north of the Colony in products unless they "played the vicinity of Swatow.

Another typhoon is reported in Shanghai, To-day. ball." Mr. Chiang Po-ched arrived here goods might be imperilled by about 131 longitude east and 10 Osaka To-day-Making her October 24, and at Tokyo on Octo-

from Hong Kong to-day aboard the jcheaper foreign products unless latitude north, moving west north the west. This is about 300 milen The man who was arrested at 8s, President Grant. When Inter they "played ball." first appearance in Japan, Stella ber 27.

At the present moment Miss Chamonix: yesterday in connection viewed, he paid high tribute to the In connection with the criticism north-east of the Philippines, Walsh, famed Polish woman Walsh holds three world records with the Marseilles assassinations, improvements at Canton.

A typhoon, is indicated about 200 ...that banks are unwilling to make sprint ace, shattered her own 200 the 80 metres, 100 metres, and 200 and who was described as a na Mr. Chiang is leaving for the loans to Industry, the bankers reply miles to the eastward of the Visay metres world record yesterday. metresi

turalised Briton, is now described north soon to see Marshal Chians that the Government, through the 45, but its direction of motion is Negotiating the distance in 23.8. It will be recalled, that Miss as a Bulgarian subject. He was Kai-shek, to whom he is submitting Reconstruction Finance Corporation at present uncertain, according to secs, she clipped three-tenths of a Walsh refused American citizen brought here by the police who now a report on the result of his Canton and other agencies, has taken much this morning's Royal Observatory decond off the mark she established ship on the eve of the 1982 World hold the opinion that he is not con mission.Heater

of the loan feld, leaving only report. at Chicago in 1982--Reuter, Olympiad, preferring to run under nected with the Marseilles murders,

speculative loans for banks. London, To-day.

RED STRONGHOLD FALLS It is therefore, predicted likely The death occurred yesterday Pasaing through Hong Kong on Poland's colours. She then won Reuter,

that a loaning system will be work of Professor Sir Arthur Schus September 29, Miss Walsh, whose the 100 metres from Hilda Strike

nchang, To-dayGovernmented out in which the bankers and the ter, the noted scientist and philo real name is Stanislowa Walasie (Canada) in 11-9-10 secs.

have captured Heinkuo, the Government are jointly concerned sopher, at the age of 88 Reu-wicz, stated that she would attempt She has been invited to Japan by to shatter world marks at Osaka on the Japanese Women's Athletic

tronghold in southern Klangel. United Presa, per SE. Levy, and

Company (Continued on Pago 9) October 14 and 20, at Nagays-on Federations

Sir Arthur Schuster At Age Of 83

mort

"of the China. And Mirs A

thi

WEATHER FORECAST:

Fair generally, with moderate.. north-east winds, was the weather forecast for to day, as issued this morning þy, the Royal Observatory.