1934-10-19 — Page 1

Carnation

Carnation

"From Contented Cows"

THERE'S CREAM

IN

EVERY DROP,

dollar, on demand, closed on Tuesday, at 1/7 1-4.

FINAL EDITION

ChinaTMTM Mail

MILK

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

E-1. 1848.

No. 28,860

THE OLDEST - ESTABLISHED NEWSPAPER IN THE FÅR EAST ·

PRICE $3.00 Per Month HONG KONG, FRIDAY, OCTOBER 19, 1934.

Bet. 1845:

LADIES' AUTUMN FOOTWEAR

NOW ON

SALE

NOW ON

KOWLOON SHOP ONLY:

PAUL RENNET et CIE

Corner of Austin - Nathan Roads, Kowloon

KUNG CLARIFIES CHINA'S SILVER EXPORT TAX ANNOUNCEMENT

A Swedish Social-Democrat editor and politician is the new of the League of president Nations Assembly.. As a repre- wentative of the League. Mr. Richard J. Sandler has intercat- nd himself especially in the plight of the German-Jewish re- fugees,

THE

INSULL CRASH EATON CLEANS

OUT RIVAL IN.

MARKET WAR

Amazing Revelations At Trial

HUGE SUM CHANGES HANDS FOR CONTROL

།

a

Chicago, To-day. An amazing story of stock market "war" be- tween the former utilities Czar, Mr. Samuel Insull, and Mr. Cyrus Eaton, a rival capitalist, was told at yesterday's hearing of the fraud charges against Insull, his bro-

EVERYTHING READY

FOR AIR CLASSIC HANDICAPS ALLOTTED FOR DAWN START

Orderly excitement prevails at Mildenhall aerodrome, where. in spacious R.A.F. hangars, 21 planes, spic and span with their distinctive co- lours, await the start of the most ambitious air race in history the 11,000-mile England -Mel- bourne flight.

At dawn to-morrow, the pick of the world's best pilots will give a final look over their machines preparatory to the take-off, which is scheduled to start at 6-30 a.m. Before nightfall some of the speedier planes are expected to reach Bagdhad, 2,500 miles away.

AIR RACE STARTS TO-MORROW Favourable Weather Forecasted

London, To-day.

นง

..

Twenty-One Starters

The following is the complete

list of entries for the race giving the nominátor, plane and engine, pilots, and the type of race:

Manawatu Appo Club, New Zea land (Miles Hawk Gipsy III)~So.! Ldr. Malcolm MacGregor and Henry The 21 competing machines in Walker Handicap.

Col. Roscoe Turner, Whittier the England-Melbourne Air Race

Mich. (Boeing Whitney

will be taken from the hangars at Hotel; Detroit, Mildenhall Aérodrome to-morrow Transport Pratt and

one hour before the first plane is "Wasp)-Col. Roscoe Turner and

signalled off at 6.30 a.m. Only bad Clyde Panyborn--Speed. visibility or fag will delay the start Dutch Syndicate, No. 7, Nienwe of the race.

Parklaan, The Hague (Pander S4 If weather conditions are such Wright "Whirlwind")-D. L. Asjes that none of the planes have been and G. Geysendorfer--Speed. sent off by 10 a.m. to-morrow, it is Lieut. M Hansen, Kirkevej 2IL likely that the start will be post-Bronshoj, Copenhagen (Descutter poned until Sunday, as all the com- Mark II Gipsy III)-Lieut. M. Han petitors are anxious to have as sen-Handicap.

possible much daylight flying as for their first hop.

(Continued on Page 9)

SPEEDWAY RIDER'S FLIGHT

England To Australia

London, To-day.

:

H.R.H. Prince George, the youngest son of King George V, in pictured in this exclusive photograph with his dancee, Princess Marina of Gretce, right, as they received the congratulations of a friend upon the announcement of their engagement. The photo- graph was taken on the grounds of a hotel at Salzburg, Austria.

JUGGLING JOURNALISTS

TRAGEDY ON EAGLE

ABLE SEAMAN KILLED

STRUCK BY PLANE PROPELLOR

A fatal accident occurred on board the naval aircraft car rier, H.M.S. Eagle yesterday morning when Able Seaman Edward George Russell was

Aircraft Exchange & Mart, Ltd. No. 7, Park Lane, London, W.L (Airspeed Courier AS. 5 Cheetah V) Sq. Ldr, Stodart and K. Gstruck by the propellor of a machine on the flying deck and Stodart-Handicap.

was killed.

F/O. C. G. Davies, Camden Hos-

tel, No. 386, Camden Road, London, N.7 (Fairey II Napier "Lion")-

/O. C. G. Davies and Lt. Comdr.

Hill-Speed and Handicap.

Mrs. Melrose, Glenelg, S. Austra- Sidney Jackson, the Australiana (D. H. Moth Gipsy)-C. J. Mei- dirt track rider, and member of the rose-Handicap.

Bernard Rubin, Berkeley Hotel, ther, and their associates. Australian racing "Test" team, who

The prosecution alleged that is making a aolo flight to Australia, London, W1. (D. H. Comet Gipsy Eaton acquired such large holdings left Croydon. Aerodrome yesterday VI)-Cathcart Jones and K. F. H. in the key companies controlled by afternoon for Lyons in his Avion Waller-Speed and Handicap.

aeroplane. -British Wireless Ser-

Insull as to endanger Insull's convice."

trol, and Insull was obliged to buy

back a number of shares from Ea-TAIKOO FORCED

ton at an exorbitant price. Eaton's

Hospitals Trust, Ltd, 13, Earle-

The vessel is at present en route to Hong Kong from the north and is expected to arrive. to-morrow night.

The deceased was a native of Portsmouth,

HONOURED COCHRANE AGAIN

ford Terrace, Dublin (Bellanca Most Valuable American Monoplane Pratt & Whitney "Wasp Jr.)-Col. J. C: Fitamaurice

and E. W. Bonar-Speed.

H. L. Brook, Lancaster Park

terms including U. S. $48,000,- TO CHANGE COURSE Road, Harrogate. (Miles "Falcon"

000 in cash and U.S.$8,000,- IN CALMER WEATHER

000 in stock.

1

The Corporation Securities! Company, one of the Insuli com- Coal For One Day And

Last Water Tank

a-i

con-

League Baseballer

Giay Major)-H. L. Brooktmanager of Detroit Tigers, Ameri-

bert

CUSTOMS HEAD'S

NAME CAUSES A

CANTON COMEDY MR. A. H. FORBES IS "VICTIMISED"

GROUNDLESS REPORT

SILVER STANDARD IS BEING MAINTAINED

FOREIGN BANKS OPPOSE

EQUALISATION BODY JAPANESE TAKE INITIATIVE

SHANGHAI, TO-DAY."

IN AN ENDEAVOUR TO CLEAR UP CERTAIN MISCON CEPTIONS AND TO EXPLAIN HIS RECENT ACTION, DR H. H. KUNG. MINISTER OF FINANCE, HAS ISSUED A SIL- VER STATEMENT IN WHICH IT IS POINTED OUT THAT CHINA HAS NOT GONE OFF THE SILVER STANDARD.

The Introduction of the silver export duty and equalisation charge, merely broke the link between silver in China and silver abroad after the link had been severely strained by the recent speculative rise in silver prices in London and New York, Dr. Kung explains.

The present measures in regard to silver have been adopted by the Government because un nealthy conditions culminated in a drain of silver which, if unchecked, would have led to the loss of an essential part of the metalic base of China's currency, he

declares.

A

Shanghai, Earlier.

A decision to establish a silver

equalisation committee is report FARM WARIN

ed to have been reached at a con- ference of leading local bankera, called yesterday by Dr. H. H.

Kung

The Finance Minister is quoted, In a press interview following the

IRELAND

SERIOUS TURN

meeting, as stating that the pro- OF EVENTS OCCURS posed silver equalisation committee

is expected to be formally establish-

ed either to day, or sto-morrow,

Local foreign banks are reported

[From Our Own Correspondent] *-

Canton, To-day.to bo-opposed to the formation of a Ac

A series of translation errors led silver equalisation committee. to a report in the local press that cording to the China Press, the ini- la "Mr. Books" had been appointed tiative in opposing the committee is Ifirst Commissioner of a new Chin- said to have been taken by the lead- ese Customs office in Hong Kong.ing Japanese banks and financial When the matter was investigated interests in Shanghai-Reuter. It transpired that "Mr. Books" was the Chinese mutilation of the name of Mr. A. H. Forbes, Commissioner of Chinese Customs for Kowloon, Apart from this taivial error, the: report is also groundless.

"

IMPORT TRADE' NEGLECTED

AT EAST CORK

Gabled Blueshirts Await Trial

ROADS BLOCKED

Dublin, To-day. The "war" between the Irish Free State Government and the farmers as the result of d cam- aign of seizures against de faulting land annuitants, has London Press Comment taken a serious turn in east Cork

where a number of farmers, most- The story created a mild seNED-' tion here. Public bodles here, un-

London, To-day.ly Blue Shirts, have been arrested. der official inspiration, have made Commenting on the Chinese in connection with the blocking - known their opposition to the set-exchange confusion, "The Times" of roads and the perpetrating of ting up of Chinese customs in Hong city notes to-day state that other devices to prevent seizures, Kong on the ground that the "pro- businessmen in London are at and have been imprisoned at Du sperity and business activities of present divided in views in re-blin, pending trial by a military

Canton would be transferred that British Colony.

(Continued on Page 3)

to gard to the practical wisdom of tribunal.

GERMAN CRUISER IN SCOTTISH WATERS Steams Up Firth Of Forth

New York, To-day. Mickey Cochrane, $100,000 wizard

can League baseball winners, who Handicap.

John H. Wright, No. 37,. Sunny-guided the team to their firat pen

London, To-day., side Drive, Utica, New York (Lam-nant win since 1909, was yesterday Monocoupe Warner Super-named the most valuable American

The German cruiser, Deutsch- Scarab)-John H. Wright-Handi-League baseballer for 1934.

This is the second time that the land, steamed up the Firth of A. O. Edwards, Grosvenor honour has fallen to Cochrane, Forth yesterday and was received House, Park Lane, W. 1 (D. H. having been voted by the Commit with a salute of guns from Edin- burgh Castle. The vessel, which Comet Gipsy Six)-C. W. A. Scott tee to this title in 1928:

The Committee of Eight awarded is paying the first visit of a Ger- Handicap.

167 votes out of a possible 80 to man man-of-war to Scottish waters and Campbell Black-Speed and

was second Firth of Forth until Monday-

British Wireless Service.

cap.

ADVENTURE STANDS BY

panies, was drained dry by Eaton, and Insull-floated U.S.340,000,000 loan to provide more cash.

? The prosecution allege" at this With only sufficient coal for one emergency financing was cealed from investors who were more day's steaming, and asing simultaneously urged to buy their last tank of fresh water, the New Guinea Centenary Flight Cochrane, while Gehringer, of the since the war, will remain in the stock from the Company-Reu- tugboat, Taikoo, is making every Syndicate, New Guinea (Fairey Now? York Yankees,

endeavour to reach the port of Fox Fairey Felix D 12-R. Parer with 66 votes-Router. Kinghon, to the south to Tourane, and G. E. Hemsworth.-Speed and

ter.

DUKE OF KENT AT BELGRADE

Travels With Fiancee

To Paris

London, To-day.

on the coast of Indo-China.

Handicap.

(Continued on Page 9.)

BRITAIN NOT LURED ON BY

TRADE CONCESSIONS.

American Treasury Seeks

(Continued on Page 9)

the Chinese Government's action. Large forces of police have been. Critics doubt whether it is pos- drafted into the district and -ar- sible, by artificial means, to fix rests have been made over a wide effectively the exchange regard-area. Nevertheless, the blocking of 1roade was carried out last night on less of the price of silver.

a more extensive scale than ever.

Great police activity is also áfoot' in County Kilenny and County Li- merick, where 86 and 30 farmers, respectively, have been arrested. Reuter.

ITALIAN SHIP ON FIRE

Dramatic Three-Day Episode BRITISH BRIGADE QUELL

CONFLAGRATION

London, To-day.

For the past three days the Italian steamer, Leopardi has been steaming at top speed for London with a fire smouldering In one of her holds.

The fire was discovered when the vessel was approaching the

Greater Public Confidence Bay of Becay, and her Master,

With her starboard engine im- peding progress, the tug is re ported quite safe with all hands uninjured after their terrifying experience in the teeth of a ty

Washington, To-day.which the Treasury took from the phoon. Weather conditions, it is H.R.H, the Duke of Kent, who reported, in the latest message New York, To-day. Wall Street What is generally regarded as a profit of about U.S.$2,812,000,000 represented His Majesty the King from H.M.S. Adventure, which is believes that Great Britain cannot further move to augment confidence which resulted from the 40 per standing by the vessel, are rapid-be induced to return to the gold in the monetary programme, the cent devaluation of the dollar this ly improving.

standard with trade concessions.United States Treasury yesterday year and placed in the general The tugboat hopes to reach its United Press, par S. E. Levy and took a major part of its seigniorage fund, destination sometime to-day, Company,

Six Europeans and over 90 members of the crew are board the local vessel,

at yesterday's funeral in Belgrade] of Alexander will return home on Sunday,

on

His Royal Highness will travel by rail with Princess Marina and her parents to Paris, and will coin plete the journey alone by aero plane. British Wireless Service. A later report states that the

TAIKOO AT KINGHON

Taikoo arrived at Kinghon

The committee, and members of ibe) (Indo-China) this "moral Navy League will place a wreath on company with H.M.S. Adventure the Cenotaphyto-morrow, Trafalgar

and has reported that all is wel Day at 11 s.m.

FORECAST

profits out of the general-receipts Yesterday's figures showed that colume and placed it in the general seigniorage to October 16 amount- to U.S.88,171,296. Silver certif- fund.

nce of car caté previously printed against tificates under the Silver purchase 62,000,000 ounces of variously ac- orna- quired metal bold before the begin-

Profits from the

US$8120

to the

silver.

Captain Sperber ordered the hold to be battened down and steam was pumped into it to obylate the risk of the outbreak bursting into fame.

CaptainSperber wirclessed

CAMBRIDGESHIRE CALL-OVER

Mary Tudor Warm

Favourite

"London, To-day. Mary Tudor is a warm favourite for the Cambridgeshire Stakes to be run over a mile and a furlong on October 81.

Last night's call-over was [follows;

9 to 1 Mary Tudor. 100 to 9 Wychwood Abbet. 15 to ftando Caymanas, 18 to 1 o 20 ta 1t Bondsman. 25 to 1 t and o Solfatars: 25 to 18 and 0 Commander III.

23 to 10 28 to 1 t. Spend 'A' Penny. 25 to 1 o 28 to 1 Statesmat.

to London asking that a fre35 to 1 a 40 to 1t Poker.

~~~~33 to 1 o 40 to 1 t ́Almond Hill. brigade should be in attendance.

66 to 1 1 and o Pegomas.

Reuter

when the hip berthed

Bermondsey early yest

morning Firemen immediate-

ly boarded the vessel

honra

engaged, for nearly before the outbreak was finall

8.50,003

ero control B

leas Service

GLOUCESTER RUGBY WIN

Gloucester heat the North Midlands by 6in the County Rugby

yesterday

-Rauter: