1934-11-02 — Page 14

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FOR

CHRISTMAS

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FROM

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• SHOWS

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Sylvia Sidney

THIRTY-DAY PRINCESS

with "all, dark and handsome" CARY GRANT A Paramount Picture

"SON OF KONG

"

RKO

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AT

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"What've we got to lose. Baby? Let's get married!” sold the fresh young gob to the haughty society deb.

China

The

Mail

NINETIETH YEAR OF PUBLICATION

HONG KONG, FRIDAY, NOVEMBER 2, 1934.

CHINA'S MEDIUM MONSTER DEFICIT OPEN DOOR IN

OF EXCHANGE "Kicked Around Like

A Football"

MR. LI'S PITTY SPEECH

SPECIAL TO CHINA MAIL

New York, To-day. Mr. Li, President of the Chin- ese Chamber of Commerce, yea- terday told foreign traders in re- gard to China's silver policy, that "China" disliked silver demoneti- sation a few years ago and dis- likes remonetisation to-day."

"China does not care whether the silver price is high or low, but objects to fluctuations caus- ling her exchange medium to bel kicked around like a.football," he said.

IN BUDGET

U.S. Treasury Figures

SPECIAL TO CHINA MAIL. By Telegraph, Copyright, Telegra- phic Messages Ordinance, 1894, Re- ceived November 2, 5.35 a.m.).

Washington, To-day. ·

The Treasury and Govern- ment receipts so far this fiscal year told U.S.$1.208,- 184,666, while expenditures fotal U.S.$2,234,973,664, making a deficit of more than one billion dollars.

Last year's deficit at this' time was U.S.$481,906,629.— United Press, per S. E. Levy and Company.

INTERNATIONAL TRADE

"China's present export tax and equalisation charges will have the same effect as an em- burgo." he continued. "Thus.] China is now off the silver stan- dard blue to the United States which will benefit not a single 'na- policy.

tion but all nations. One of the

(Continued from Page 1)

commodities."-Reuter.

FAR EAST American Not Relaxing Efforts

Washington, To-day.

The United States has no inten- tion of relaxing its efforts to main- tain an open door in the Far East, declared Mr. William Phillips. Under-Secretary of State,

His department is considering the next move in regard to the pro- posed Manchukuo oll monopoly as is affects the American position.

Japan has promised the main-} tenance of an open door in Man- chukuo, and the United States may nake further representations to Japan unless a solution is reached.

Reuter,

FIERCE FIGHTING AT PINGSHEK

(Continued from Page 1)

The

"I only hope things will remost serious causes of the trade adjust themselves so that it will decline is the artificial barriers not be necessary for China to hampering healthy interchange of where over 100 machine guns, control foreign exchanges like 36

many rifles, and a quantity of other nations," he added.-United

"ESSENTIAL TO RECOVERY" ammunition were found. Press, per S. E. Levy and Co.

In a speech before the National town was captured by the Govern Foreign Trade Council, the Secre-Iment forces, and many Reds have STOCK EXCHANGE ACTION tary of State, Mr. William Cordell surrendered

NOT EXPLAINED

Hull, said that the unhampered To check the Reds from going revival of foreign trade was most west, Nanking troops are proceed-i New York, To-day-The Stock essential for full re-employment ing down from Hankow to South- Exchange has ordered the removal and the return of pre-depression ern Hunan. Kwangal forces are from the list of the Dutch East In-standard of living.

also ready prevent to the Reds from He warned that until "we dies 30-year external sinking fund,

re-passing through the northern dis- 5 per cent. gold bonds, due oalcover our foreign, markets unem-tricts of their province. November 1, 1953. No explanation ployment will continue, also pro- is given.-United Press, per S.. Eduction will become regimented Levy and Company.

according to the imports allowed to be brought into each nation."- RICHBERG ADMINISTRATION'S United Press, per S. E. Levy and

HIGHEST RANKING ADVISER

Company.

BANK SEES BRIGHTER PROSPECTS IN US. ·

AMERICA'S CUP SUBSTITUTE

mer

(Continued from Page 1)

It is hoped that the races will be inaugurated next sum- waters. in American Several defenders are already being built for subsequent contests to be held in the waters of the country winning. Britain, Norway, Sweden, France,

Washington, To-day-Président Roosevelt consolidated Mr. Donald R. Richberg's position as one of the Administration's highest ranking New York. To-day-The Na Jadvisers when he merged the Exe- tional City Bank Review states that cutive Council with the National the modifications of the N.R.A. Emergency Council, naming Mr. policies is a most hopeful develop Canada and Bermuda are mentioned Richberg as

executive director.ment, brightening the prospect of as the most likely competitors, while United Press, per S. E. Levy and economic recovery.-United Press, Germany, Spain and the Argentine

per S. E. Levy and Company. are possible entries.-Reuter.

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LET'S TALK IT OVER

with MAE CLARKE

* Production. Presented by Carl Laemmia. UNIVERSAL PICTURE.

Frank Craven, Andy Devine, Russ Brews Story by Dore Schary and Lewis Foster. Directed by Kurt Neumann, A

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