1934-11-29 — Page 7

THE CHINA MAIL THURSDAY, NOVEMBER 29, 1934

BRITISH FLYING OFFICER STATES THE CASE FOR

Lieut. Francesco Agello, Italian fier who set a world's speed record by racing his low-winged, hig nosed seaplane 440 miles an hour at Dekinzang, Italy; in 32 years old. He is shown with the plane in which he reduced, the recard by 13 nt.p.h.

23,000 MILES IN

<!

13 DAYS

WHAT MAIL PLANES COULD DO

JONES-WALLER "JOY-RIDE"

"Our return flight could almoxt he described as a record-breaking joy-ride," said Mr. Catheart Jones

The journey has not been in the

baths, meals and shaves, and we have

the

80 M.P.H. SPEED OF

NEW ZEPPELIN

IDEAL CRAFT FOR WORLD CRUISES

PART PLAYED IN THE WAR

London, however, Captain Sinclair toes

WE have not heard much about sight of the overwhelming evidence

airships Intely. It was not which experience showed, of their

until a captive balloon floated away extreme vulnerability.

over the Chilterns recently that In patrol they undoubtedly didi. many people realised we still even good work for us, sighting some possessed such things, writes Wil-1134 mines and destroying 78. They liam Courtenay in the Evening (also sighted 49 submarines and Standard.

: destroyed 27. "Airships," by Captain J. A But all the Zeppelin raids to- Sinclair, late Executive Officer at gether only killed about 500 people Polegate Air Station (Rich and not, after all, a large number of Cowan, 188.), comes therefore, at a civilians to die in a great aerial not inopportune moment to remind Invasion, although admittedly it will us that lighter-than-air craft still be worse next time. have both un existence and a reason most interesting side of airships- for it.

The author also deals with the In this book he tells us much of their future for civil flying.

Here he is also an the work of British rigids and non-

enthusiast. rigids during the war. He claims He goes into detailed reasons for that it was our airship patrols the loss of the R38, the "Dixmude," which drove the submarines from the R101, and the "Macron."

made our coasts and

them seek He gives to my mind sufficient their prey 600 miles and more from reasons to show that the causes of home.

all these disasters can be overcome. This ought to be enough to justify continuance of an airship polley.

4

This layout shows Pilots T. Campbell Black, left, and C. W. A. Scott, British flyers, and their sleek D. H. Comet plane, "Gros- venor House," in which they captured the ad in the London-to- Melbourne air derby after completing two-thirds of the 11,300- mile journey.

THE AIRSHIP

Profit-Taking On Wall Street

LATEST QUOTATIONS

The following quotations have been

(Continued from Page 6)

:'

"Cotton: The continued foreign interest is increasing. Specula-

received through Messrs. S. E. Levy tive buyers are looking forward to and Company and the American higher prices Oriental Finance Corporation:

"Rubber-Tenders

have been

New York, Yesterday, well taken. Chart and statistical

N.Y./London

Cross-Rate ...

4.99

4.98%

N.Y. Cotton-May

12,65

12.70

N.Y. Rubber-May

1961

18.71

Chic Wheat-May 98%. 09% Chic Corn-May 874 B8% Montreal Silver--Mar. 56.40b 55.35 Silver Official .... 55% - 444

Today's Nov. 27 Close Change

30 Industrials 102.38 102.75 .37 up 20 Ralls

37.19 36.88 31 off 20 Utilities 18.88 10.20 34 up 40 Bonds.... 94.45 94.55 .09 up 11 Commodity 60.27 40.81 54 up

17 Leading Stocks

Amer Can

Amar Smelt & Ref

Amer Tel & Tel

Auburn

J.. I. Case

Du Pont

Elec Bond & Share General Motors

106%

38

108

284 58%

Int Tel & Tel McIntyre Montgomery Ward Nat Distillers N.Y. Central Socony-Vacuum Union Pacific U.S. Steel West E & M

Business done:-1,160,000 shares.

factors are pointing towards higher prices.

"Flash: On the Cotton Ext change, a seat was sold for $16,-|| 000, an increase of $500 over the previous sale. Lorillard Co., has declared a regular quarterly di- vidend of 30 cents together with. mingham, Alabama, today the and extra dividend of $1 In Bir

Federal Judge. Mr. Grubb, ruled that the Tennessee Valley authori ties power programme was uneon- stitutional."-Reuter.

Market Factors Favourable factors(1) Sup- 99% port for rails, which, had not pre- 9%viously been confirmed, is a most 32% constructive factor: in the trend 9% of the market towards recovery. 41% 29 (2) Confidence in general in the 26 business 'outlook remains unim- 22% paired. (8) Steel activity in 147 Chicago showe 38.5 per cent of

capacity. 361⁄4 Unfavourable factors: (1) Referring to particular points

Notwithstanding the increasing raised by Mr. Churchill in regard normal reserve for training or wast-public response to the advance friendliness towards the market, to the extent of German rearma- age, Arrangements were being has so far not reached expecta- ment, Mr. Baldwin said that the made for accommodation and pertions. MR CHURCHILL'S ATTACK going on in Germany had made it air officers.

secrecy onshrouding what was Bonnel and an increase of reserve of

which an important speech was lars,

The debate on armaments in difficult for him to give particu-

Britain To Add 300 Planes In

Two Years

(Continued from Page 1)

In his enthusiasm for the arm in which he served gallantly he is apt to overlook the fact that as the war

The Speed Question progressed range and reliability ot submarines increased. These facts There is one fact about airships encouraged the Germans to go be-which he, like other writers who are yond the confines of the narrow lighter-than-air enthusiasts, forgets

This is their speed.

made by Mr, Stanley Baldwin took GERMAN REARMAMENT The Graf Zeppelin, which has place in the House of Commons, yes made over

Rumours had been

seas In their efforts to Immobilise the Allies through destruction of shipping.

Lloyd George Challenged

He rightly draws attention to

GERMAN SPEED-UP

24 Air Lines Fly 15,000 Miles Day

Berlin.

108

28%

-

Night Telegrams Cabled from New Router:--

York by

TRAINING OF PILOTS Mr. Baldwin said that it took 12

The daily average, petroleum months to train a pilot to military production was 2,809,000 barrels. prevalent Rying, and there was all the differ- The production of electricity ac

16.

Darwin in four days and Melbournețing the whole East Coast free to elties, the daily distance being He contended that Government thority, and from the source of in British pilots, and Britisk machines advanced by 50 cents a ton. At-

-in five.

.

་

invasion.

Airship Propaganda For four years before the war propaganda had made the Germans

50 successful crossinga terday. It arose on an amendment about the formation of the army ence in the world between the finest cording to the "Edison Electric of the Atlantic with clockwork to the address to the throne moved The British Government believed civilian pilot and the man regularity, has a speed of only 65 by Mt. Winston Churchill, stating they were founded on. fact and would go into action against an hours, an increase of 6.1 on Inst He also challenges Lloyd George's to 70 m.p.h. The new super Zep-that in the present circumstances of that

who Institute" was 1,706,000,000 K. W. shortly after he and K.F.H. Waller assertion that the convey system pelin now being built will not be the world strength of Britain's de-ing and extending her

Germany WAS increas-enemy, had landed at Lympne from the for shipping was the real cause of able to fy at more than 80 m.p.h.

long. This applied to the British pro- estimates steel production at 29:

year. The publication "Iron Age" Comet in whien they created seven the decline in submarine activities

fences, especially in the air, were service army of 100,000 men into a grammie, but his words were not per cent of capacity, largely due records on their England-Mel-jatter 1917. He may be wrong, but

inadequate.

short-service peace time army of without their implications on the to heavier orders from makers of bourne England flight, which; thes this does not detract from the fact

Mr. Churchill, in moving, the 300,000. That was the claim made position in Germany. If she chose, automobiles in Paris and the con- completed in 13% days.

that our airships did great work an

naration for defence was not to as-Disarmament Conference. To what aircraft and men, but a country production. The miscellaneous amendment, said that to urge pre- for her at the time she left the Germany could produce, rapidly tra-seasonal expansion in tin-plate "We have not aimed to make it patrol in the Channel and round aspred fight, but a flight which our coasts.

sert imminence of war Germany, extent it had been completed he which had for years possessed no demand for Anished steel has ex could be copied by anyone.

he said, was rearmed, and what could not say for certain. "I think military air force started under a panded only a little and hopes of concerned Britain most was that it is correct to say that the Germans very heavy handicap and it must further gaita are based on direct "We were flying only from sun their valuable services to the Dover risë to sunset and aimed to be in Patrol and to the Expeditionary

Germany was reatming in the air. are engaged in creating an airforce hecessarily be sonte sine before, orders from the automobile indus the air for about ten hours a day, Force. He also takes up the case

Britain, contended! Mr. Churchill, continued Mr. Baldwin. "I think from the military point of view, try while covering about 2,200 miles a of the airship for work with the

ought, at all costs maintain in the most of the accounts given in this such a force could be equal in effi The winter season for aviation next 10 years substantially stronger country and in the press are very ciency to a force which had had be- and movements were narrow. PIS Wall Street opened irregular day.

Fleet.

It was painfully obvious that theegan: last month; and the Luft airforce than Germany? much exaggerated. least tiring: we have had time for German fleet was never without its rapid progress in civil aviation.

Hansa time-table reveals Germany's There was, he added, no reason

bind It, ever since the war, the votal issued and rails are being - NO EXACT FIGURES

whole milltary technique. to assume that Germany would at-j

supported. Allied Chemical has slept as fully at nights as if we had eyes, whereas ours on two occasions

In the winter of 1931-32 only tack Britain but it was not plea of service type aircraft, but I can "I cannot give the actual number

· BRITISH PRESTIGE advanced more than one point. been at home.

ut least, because of submarine eight lines served 23 cities, and the aant to feel that her Government give two estimates between which inclined to forget the respect with minately cheerful but it would The people in Great Britain were Underlying sentiment is predo We believe that we have shown perils and the lack of airships to total daily distance flown was only might soon have the power to do the correct figures can probably be which the Royal Air Force was not be surprising if there were that a commercial plane, flying in scout for them, was compelled to 5,000 miles.

20. The German arming must be found. The figures we have range from nearly every nation had asked up. daytime only, can get to leave Scapa for Ireland, thus · Jeav-

This winter 24 lines serve 44 cleared-up¦ ¦

regarded in the world.. Officers some further pre-holiday evening from a figure given on excellent au 16,000 miles, or 1,875 miles more measures for strengthening the disputable authority of 600 military

to have a period of training, with Steel, Scrap at Pittsburgh has "On our flight back we weis Fortunately the enemy did not than last year. more than once told at the places know the Fleet had moved.

Several services are being speed-ed that Britain would unable to gure that we have been given, also

airforce were inadequate and add-aircraft, altogether; and the highest and engines were the best produced, cording to the survey of the New we visited that there is a growing demand for a fast mail service war broke out. The Germans had to Barcelona is shortened by two of Europe if she herself were the 1,000. The probability is that the

We had few airships when the ed up Flying time from Stuttgart intervene in sustaining the pehce from a very good source, is not over the squadrons had a speed of over ment store sales during October The latest types being passed to York Federal Reserve the depart- People in Australia, the Straitaja large number of Zeppelins.

hours, and from Berlin to Paris by most vulnerable of 'äll

280 miles an hour, and types now fncreased by 8 per cent, the chain Settlements, and in Indiù are de

45min.

figure ranges between these two, but flying, but in the development stage, store sales by 6 per cent, and the finitely anxious to be able to com

MR. BALDWIN'S SPEECH nearer which limit, I cannot say, showed further remarkable progress wholesale trade by 18 per cent. municate rapidly with England."

Mr. Baldwin, who stated that the "It is interesting to note that the Replying to questions put by Mr. Last year. The first 54 railroad

speed and performance. As evidence, of the speed that enthusiasts for the airship. "Joy

subject had engaged the attention French Government gave the figure Winston Churchill, Mr. Baldwin companies reporting for October over the corresponding period of 'planes of the Comet type can riding" airships toured the country R. A: F. BOMBERS TO FLY TO past, said that he had not yet given far as we know no service units of the Government for some time of military aircraft at 1,100. So achieve, Waller pointed out that and, more than 37,000 passengers.

said it was not true that Germany show a net profit in Income of ap the 100-mile journey from Beauvais

were taken up without mishap.

up hope of some kind of armament have yet been formed, although they was rapidly approaching equality proximately $87,871,000, a decrease to Lympne was done in 40 minutes. We had seven airships when the

limitation or restriction. He de-have some bombers, but there is With Great Britain, a regards a of 14.3 per cent against last year. The Imperial Airways liners

A squadron of bombers will fly aired to say nothing which would great haste being shown in the pre- war broke out and two airship to Singapore, the Daily Express make more difficult the approaches paration. of aerodromes and great that Great Britain had a margin in In their market report, the

military air force. They estimated E. A. Pierce Co's Report scheduled to cover the 180 miles stations at Farnborough and Kings- said on November 19 in announcing which must follow from their als secrecy in their construction, and The Government were determined poration; correspondent for Mesers. from Le Bourget to Croydon, only north, the latter being half finished that the Air Ministry has decided cussion, but one of the foundations as to where they are.

Europe alone of nearly 50 per cent. American Oriental Finance Cor- 80 miles further, in 185 minutes. The total airship personnel conto reinforce the oversen naval air of suspicion and malice in Europe Britain's first line air strength at tion of inferiority in regard to any

sisted only of 13 naval officers and force

on no condition to accept any post-

E. A. Pierce and Company New to-day, was not only. near, but the home and overseas was 880 aircraft, force Germany might raise in the

York state: ignorance outside Germany and the behind which was a far larger num-

"Stocks: Selected industrial issues ['secrecy inside.

ber held for replacement, experi

were strong on favourable dividend He preached on the political deve- ment, etcetera:

Concluding, Mr. Baldwin express-

news before they advanced on the

It was a long time before he

year or two, following the change Continuing, 'Mr. Baldwin said apprehension "in

Europe largely

cision over the Tennesse Valley qu relented. Even, then he specified

of regime In Germany, and parti- there was no ground at this moment existed through want of knowledge thorities power dévelopment. places, such as St. Paul's and Buck-.

cularly referred to the withdrawal for undue alarm and still lag of what was going on inside Ger"Grain: Better foreign markets the Ingham Palace, which were on no

of Germany from the League of ground for wat. No Immediate

many

and the strength of corn were an French Air Minister, is anxious to account to be bombed.

Nations and the Disarmament Con- menace confronted Great Britain or GERMANY DEPENDENT

Influence towards higher prices in make the French air force "par- Only objects of military value]

ference, which occurred at a anyone In Europe.

There was no

Germany, behind Her cloud, was wheat. The profit-taking in wheat achyle minded.""

were to be touched. It was with: The fat results obtained from of accomplishing something sub look ahead, for there was ground

moment when there were fair hopes actual emergency, but they must concentrating on recovering her and corn was well absorbed. A number of leading French much misgiving that the Kaiser the compressed all tunnel at the stantial, and which, had been the for very grave anxiety.

domestic Industrial position. She favourable weather in the Argentine airmen have, it is true, saved even agreed to this, and it was only National Physical

bad poverty and unemployed such as increasing apprehension as to the themselves again and again by because of pressure from the public were made public, by permission at Geneva among the European na had been watching the situation for

Laboratory case for many years. Team work. That was why the Government Situated as she was Germany was

all in Europe had experienced outcome of the crop in that country. means of their parachutes. But The pubile, on the other hand, of the Aeronautical Research tions was thus broken fa relation to many month past and would con-

The cash corn situation remains General Denain feels that on the had some grand ideas on the sub

more dependent tha most

unchanged. Committee, in a lecture given by the nation whose presence was of tinue to watch it with regard to whole, the French Air Force fect of wiping out London.

friendship." and "trade wit

"Cotton:-Export prospects are neither pays sufficient attention to One plan formed by some enthus nautical Society,

Mr. E..F. Relf to the Royal Aero-first importance.

their own position and were sub-neighbours.

more encouraging and an. Increased: testing the work of parachutes, iasts was for a series of simultane

EUROPEAN TENSION, scribers to the Hague Covenant."May the day soon come when ctivity in the cloth and yard mar- nor to practising descents.

The tunnel has been in ous raids by many Zeppelins which a year and it is now certain that signs of nervousness which fol-though at the moment they did not the vell of secrecy, and allow ary cotton acreage control omforma

use, over

Mr. Baldwin referred to the Should an emergency develop, al she will recognise thie, tear away The Minister has now drawn up would start a thousand fires and the results obtained are far closer lowed in different parts of Europe, ses any signs of one, Great Britain things that aldrm Europe to be dis- with expectations. Realizing was

kets was evident. The prelimin a circular drawing the attention perhaps wipe out a million women to those obtained in real flight and which would not-have-occur would not be caught unprepared, of millatry air units to this point and children In the Metropolie than those optained in any other red had not! Germany left the The Government's announced now that may be done. It will also be sent to aero clubs Even the German pilots opposed the tunnel in the world.

cussed, so that we may see even well taken and hedging was light,- Then the Rubber: The market pas and other air associations. Both Ideas

steady and fairly active. London Dilota and passengers are: asked

rubber was steady but qulet Dealors were the principal

POPULARISING THE PARACHUTE

are

French Air Minister On Its Necessity

General

Victor Denain,

to give it careful study.

about 180 other ranks.

"Captain Sinclair' recalls how the

Kaiser was definitely opposed to Zeppelin raids

specially London.

SINGAPORE

on England and FLIGHT TESTS INlopments in Europe during the last

AIR TUNNEL

First Results Give Satisfaction

future.

NO GROUND FOR WAR ed his conviction that the state of report of the favourable Court de

الله

On

her

Disgulaed Admiral

dlegutsed as an American and

The Graf Zeppelin;

recent

travelling in her latest Zeppelin..

League, and had not her internal programine proposed the formation might be able to resume conversa From present evidence it ap-actions in regard to ariasments in 1995 and 86 of 22 squadrons for tions with her neighbours pears exceedingly unlikely that been shrouded from that date in Home Defence and three squadrons whom are ready to help her Admiral Sir Murray Sueter, any serious discrepancies will be myatary. He expressed the hope for the Jeet, Air Arm. MP is praised for his action be fou

dwin said. These 25 Mr. Bolf_etated,

that when this question was work has been desidered in Germany

ady formed closely ask themselves, whet

with Germany, WAS

сод- uadrota were

ly to South America, had an

AEROPLANE AS LUGGAGE fore the war in visiting Germany

pinnis among itaflugi

the property, oft al

Hamburg,

His subsequent report on the Im

bortance of airships

In his enthalte

con

So long ays by herself, so more and uspicion must grow

He hoped that the debate the first step tow the nations OF.

voice of

Un-

she with Commission Houses ore again becoming principal buyers

for December and selling for for-r might ward

bring

"Flash The American Can Co. ther and Lorillard Co. have declared an

extra dividend of $1 Ingersol Randy Co has declared -

dividend of 127-Reuter,