1934-12-31 — Page 12

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2

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Head of the Bio Hemdu):

METRO GOLDWYN MAYER PICTURE

RAFT WALLACE

THE BOWERY

The

China Mail

NINETIETH YEAR OF PUBLICATION

HONG KONG, MONDAY, DECEMBER 31, 1934.

TREASURE LEGEND HORSE RACING IN "CRIME" WORTH THE

OF MONTE CRISTO

Corsican Fishermen's Discovery

THOUGHT DEFINITE' CLUE ̧ TO HIDING-PLACE ·

S. CALIFORNIA FIRST MEETING IN

25 YEARS

PUNISHMENT

Archbishop's Story At Leeds Luncheon

ARCADIA, CALIF., Dec, 25.-A "No man is a criminal and nothing crowd of 50,000 packed the new else," said the Archbishop of York, track here to-day to see, the inaugu- Dr. Temple, in an address to the ral of the first horse racing season Leeds Luncheon Club on the ethics Popular interest in Dumas' tale

in Southern California in 25 years of penal action. Each criminal of hidden treasure, "The Count of it was only recently legalised. should be treated, he continued, in Monte Cristo," has been revived by

High Lee, Cornelius Vanderbilt accordance with the crime and lý the story told by some Corsican whitney's brown filly, won the Eccordance with what there was in fishermen of a discovery made by Christmas Day Stakes, the feature him waiting to be realleed. them when visiting the little. Is land of Monte Cristo, off the coast event, covering the mile in one It was commonly said that the of Italy. The island, which was minute and 37 seconds. Chic Toney first element of punishment was long unhabited, is now used as a was second and Riskulus was third retribution, but he repudiated that.

-Associated Press. penitentiary agricultural colony.

"The fishermen relate how while sheltering from

A

STOCK gale on

the

EXCHANGE EXEMPTIONS

shores of the island they came upon several gold coins of the

eighteenth century near the ruins S.E.C. Grant Extension of the watch tower.

Until February

This is apparently not the drst discdery which has seemed to

SPECIAL TO CHINA MAIL.. authenticate the Monte Cristo le-

New York, To-day. gend. The quests for treasure

The Securities Economic Commis- have been renewed at frequent in- tervals and in the light of the sion has extended until February 1 most recent discovery, which is the temporary exemption of 14 thought to provide a more definite smaller stock exchanges, including clue the any previous one, an or- those in Honolulu add the Philip- ganised earch expedition is now pines. under consideration.

KUNG DMWS UP NEW LAWS ON SLVER IMPORTS

(Continud From Page 1)

A

The Federal Deposit Insurance Corporation has agreed to withhold

new

who had

The notion that a man done wrong ought to suffer for the sake of striking a balance seemed to

him to have no foundation.

Dr. Temple, discussing the pro- blem of deterrence from crime, said he once had to set a schoolboy an imposition. He asked the boy afterwards if the delinquence had! been worth the imposition. After: meditation, the boy remarked, "Yes, just, I think." (Laughter),

AMERICAN 1935 "OUTLOOK FAVOURABLE

(Continued from· Page 1). GOVERNMENT OPTIMISM The Government is optimistle; due

the order cutting the interest rates to the firm rising of commodities of nen Federal Reserve banks until and record holiday business.

It is authoritatively announced obtainable. legislation is United Press, per S. E. Levy and from Washington that the Adminis tration is abandoning its efforts to Company,

place crude oil production under Federal control, due to the industry's overwhelming opposition.

4. Where tere is no Custom-SIAMESE NAVAL OFFICERS TO

The Petroleum Administrative house, no ser transportation RECEIVE JAPANESE TUITION shall be permitti exceeding $1,000,

Board has reported to Mr. Harold, except with the indorsement of The Bangkok correspondent' of L. Ickes, Secretary of the Interior, banking associaton, # native the Tokyo Asahi reports that the the difficulties the oil industry are bankers' guild, a chamber of Siamese Navy has arranged with faced with, while a New York report the Nippon Yusen Kaisha and other reveals the best statistical, position 5-Certificates must guarantee Japanese shippingcompanies to in years, due to restricted illegal that the silver is fatransnawatio:r!

e-production and the termination of within the country

commerce.

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MERRY WIDOW

United Press,

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