1935-09-07 — Page 1

B術飲證

衒飲料

DRINK

Figale

HEALTHY &

DELICIOUS

Sole Distributors:

THE EASTERN MANUFACTURERS' AGENTS

French Bank Bldg: (2nd FL)

3the de

v, it 1/11

Library, Sirome Com

China Mail

Est IMS THE OLDEST - ESTABLISHED NEWSPAPER IN THE FAR EAST EL. 1885,

No. 12.131 HONG KONG, SATURDAY, SEPTEMBER 7, 1935

PRICE $3.00 Per Month

Special Values in

WHITE AND KHAKI

GOLF STOCKINGS

(lightweight)

BERNARDS of HARWICH.

BRITAIN AND FRANCE RELIEVE DELICATE GENEVA SITUATION

U.S. BASIC REFORM

PROGRAMME

ATTAINS "SUBSTANTIAL

COMPLETION”

ROOSEVELT DECLARES. BUSINESS REQUIRES BREATHING SPELL

New York, To-day.

President Roosevelt's statement that his basic programme of reform and recovery has reached "substantial completion" and that a is breathing spell is wanted by business

DOW,

Wall

in

A section of the long queue of box-kalders ing. (A. Fong)..

considered here to be most significant Street circles, where the opinion is freely ex- pressed that it would be a great relief to busi-YORKSHIRE

ness.

Some, however, without the intention to believe the con- structiveness of the statement, are inclined to believe that busi ness needs more than a breathing spell and that the budget should balance, taxation be reduced and living costs kept down before a genuine recovery is possible..

On the other hand few Washington officials believe that President Roosevelt is prepared to surrender the extraordin- ary emergency powers with which he was invested by Congress. at least in the near future; while big business men are of the opinion that the President's declaration is aimed at introduc- ing an atmosphere of confidence preparatory to the 1936 election.

BROWNS TWICE

BEAT SENATORS

BEAT STRONG

M.C.C. TEAM

ESSEX MAKE FINE

RECOVERY

HAMMOND HITS CENTURY AT FOLKESTONE

London, To-day. The stock market reacted Yorkshire fully lived up to County buoyantly to the President's an- their reputation as nouncement with regard to the Cricket Champions by defeat ¡reform programme. Many Deling a strong MCC eleven at mocrats expressed pleasure that Scarborough by one wicket, boners 179 their first

outside the Bank of Canton yesterday morn--

FINANCIAL STATEMENT FOR MONTH OF JUNE"

Favourable Balance Of $13,409.930 For Colony

The financial statement for the Colony for the month of June shows a favourable balance of $13,409,330.91, the revezme for the mouth ($2,435 £27.30) added" to the excess, of assets over liabi lities on May 31 ($12,989,472,02) giving a total of $15,125,099.324 while the expenditure from June 1 to June 30 amounted to $2,015,168.35

IN US BASEBALL a halt had been called to the Smailes dismissing the Maryle KING'S CUP AIR

CUBS RETAIN THE

LEADERSHIP

RAIN HOLDS UP THREE MAJOR CLASHES

New York, To-day.

period of sweeping reforms.

On the contrary, Republicans knock while Futton followed feel that the announcement does up his knock of 132 against not go far enough. They declare Middlesex by scoring 92. that

no -recovery is possible Bowes was also in good form with the ball, capturing 5 second without balancing the budget.

Colonel Frank Knox, the Chi-innings wickets for 64 runs. cago newspaper magnate, who

Baxter, the young Lancashire has frequently canvassed as a League player from New Zealand. Republican Presidential candidas in splendid fettle for the The St. Louis Browns caused a ate, said: "It is just another MC.C. taking 7 of Yorkshire's minor upset yesterday in the promise important if it can first innings wickets for 52 runs, American Baseball League when be relied on

they twice defeated the Washing-

Reuter..

ton Senators in their double LOCAL BANK NOTE

header."

The Cubs retained their lead in the National League, although they just managed to nose

5 for 30 v Derby"

6 for 47 v Yorkshire

RACE

ELIMINATING STAGE

DUKE OF KENT'S PILOT TAKES SECOND PLACE!

London, To-day

|CHINA'S EFFORTS

TO SUPPRESS DRUG

SCOURGE UPHELD

Opium Committee's Report Adopted

HEAVIER SENTENCES FOR TRAFFICKERS

JEZE SUPERSEDED

BY HAWARIATE

THURSDAY'S INCIDENT

CLEARED UP

ITALY PREPARED TO ACCEPT

PARIS PROPOSALS AS BASIS

Geneva, To-day.

Agreement has been reached regarding the composition of the committee of five to deal with the Abyssinian dispute. As the result of pressure from Britain and France the Italians withdrew their insistence to sit on the commit- tee, which will now consist of the representa- tives of Britain, France, Poland, Spain and Tur- key.

The Abyssinian Government has agreed to appoint Mr.

Tecle Hawariate its chief delegate to the League, with Profes

sor Jeze as his assistant. It is understood that this disposes of Thursday's incident and will afford satisfaction to Italy, who took exception to the nationality of Professor Jeze and the strictures he passed upon Italy

A later message states that the Abyssinian dispute has been finally relegated to the committer of five, which was ap- pointed after Baron Aloisi had departed, when the Abyssinians were admitted. Baron Aloisi returned immediately afterwards. and the Council started the non-Abyssinian agenda. The Council has adopted the The committee of five meets report of the Opium Committee, when the Council adjourns and expressing gratification at the will act as a go-between be

Geneva, To-day.

progress made by the complete tween the two parties, resume SAVINGS BANK suppression of poppy-growing ably on the basis of the Paris

in Fricien the closing of many proposals: Senor de Madariag

opium divans in Szechuan, the Spain) is expected to be chair- decreased production in Temen man and the other personne

REPORTS RUN

NOW ABATED

and the caring of over $1,000 consists of Mr Anthony Eden Very Few People Seen. drug addicts and opium smok (Great Britam), Lavali ers in a single year, thanks to (France), Colonel Beck (Poland) the opening by the Chinese and Tewfik Aras (Turkey) - Government, of special hospitals

and the developments of the extensive educational ment.

move

*IMPORTANT TRYO

In Building

NO FURTHER DEVELOPMENTS

IN BANK OF CANTON

Mr. Eden, M. Laval and Baron Aloisi are likely to remain for}" The report added that the en-some time the trio on which peace The heavy run during the past The eliminating stage of the couraging results must not lead to or war depends: The meeting of few days on the National and jand R. E. S. "Bob". Wyatt, ⠀ the England Test skipper, had 7 for King's Cup air race resulted in an underestimation of the magnitude the committee of five last night

Commercial Savings Bank has exciting fmish at Hatfield. aero-jof the task and the very serious was very brief and merely ap

It paid s. painted Senor de Madariaga chair considerably abated, and this mor 81 in the fourth innings.

Wyatt's best bowling feats this drume, F. G. Miles, flying a Miles difficulties ahead.

Hawk Ms, crossing the line one tribute to the efforts of the Chin-man and decided to hold the first ning there were very few people season have been:

minute ahead of Captain Percival, ese Government and hoped that it serious meeting at 10.30 to-day.

An official piloting HRH the Duke of Kent's would finally rid China of the drag It will probably delegate powers seen in the building."

to Mr. Eden and M. Laval to me the Bank stated: “As reported levil

gotiate with Baron Aloisi, though in yesterday's editions of the Despite a bad start, Essex se Captain Percival led the whole It drew attention to the neces the method of procedure is not China Mazl, the Bank officials are cured a full quota of points at way, but in a moment of forgetfulsity of tightening up the regula yet definite Certainly it will ap-quite confident that they can wea-

of Kent at Ulford, ness missed the aerodrome, and tions with regard to foreign con-proach both sides, and there is ther the storm” The returns of the average Jack O'Connor securing his first when he returned Miles was just cessions, and especially as to reason to believe that Italy is amount of bank notes in circula-century of the season. His pre- about to land.

heavier sentences for traffickers prepared to accept the Paris pro- Interviewed this morning Renter tion and of specie in reserve invious best was 81 against Hamp-

posals as the basis of discussion, shortly before 11 am, the man- Hong Kong during the monthshire

rovided they are advanced 2 „Olended August 31, 1935, as certi-

point of departure aut metsa ager of the of the Bank of Cair-

CIRCULATION

out

Returns For August ~

Announced

the Phillies. Galan securing his eighth four-bagger of the season.

Continued on Page 12)

Results, as cabled by Reuter; were:

NATIONAL, LEAGUE

E "H

Brooklyn

Blanton pitched

Pittsburgh

13. 21

Hafey hit a homer,

New York

Cincinnatii

Ten innings were played

Philadelphia

Chicago

9

12:

11

6.

E

7 for 87 v Yorkshire.

the expense

(Continued on Page 9) Results, as cabled by Reuter,

machines

©Miles covered the course of 953 miles, including time stoppages, in 5 hours 40 minutes. Beuter,

"COMET”: WITHDRAWN Last minute withdrawals In- Essex beat Kent by 137 runs at cluded the "Comet, in which Mr.

fied by the managers of the res-. pective Banks, shows the Char- were: tered Bank with an amount of $13,350,747 and specie Ilford $8,300,000; the Hong Kong and Essex: 97 (Watt 6 for 49)

average

2

Shanghai Banking Corp, with

1 $113,526,111 and specie $95,500,- Galan hit a homer. Ten innings 1000; and the Mercantile Bank with

were played...

Ne

Boston

12

St. Louis

6

10

AMERICAN LEAGUE

St. Louis

11

18

14

2 10...

Clift hit a homer.

Washington

St. Louis

Washington

Ten innings were played.

CALIFORNIA CRUDE

OIL PRICES

Independent Producers Stand Firm

New York, To-day.

The early restoration" of Calf-

fornia" crude oil

last week's price

to be unlikely,

incers have re shut down their

on the theory that it the supply to

follow

294 (O'Connor 139) Kent: 195 and 159.

T. Campbell Black made his re- cent fast time to Cairo, and in which he plans shortly to make a return flight to Canada, and the Nebromer De Havilland DHL.90

NEW GEOLOGICAL "MUSEUM

LONDONERS SHOW MORE INTEREST

London, To-day.

last word-Beuter.

COMMITTEE OF FIVE MEET London, To-day.

ton said that there were no new

The Bank developments been placed in the hands of

| The committee of five appointed, Special Manager, through the Of- to study the Italo-Ethiopian dis-dial Receiver, and he was mak- pate held its first meeting inng an examination of the Bank's private after the Council adjourn- ed yesterday. Senor de Madariaga

No new developments

affairs.

Yorkshire beat the MCC by 1

The fastest machine left was $1,681,048 and specie $1,350,000 wicket at Scarborough

In addition to the above, the MCC 179 (Smailes 5 for 68)

the Percival New Gall entered

The removal of the Geological (Spain) was elected President were likely before next week Chartered Bank have sterling ae- 226. (Bowes 5 for 64).

by HR. H. the Duke of Kent and Museum from its former cramped and the committee will begin work The Bank is said to be anxious: "Icurities deposited with the Crown Yorkshire: 239 (Hutton 92, Baxter 7

flown by Captain E. W. Percival quarters in Jermyn Street, off Pic this morning.

to serve the deposit box holders, which was handicapped as for cadilly, to a spacious new build- 21 Agents valued at £765,000, the

for 52).

COMPROMISE ARRANGEMENT whose numbers have dwindled. ap- Hong Kong and Shanghai Bank

168 for 9 (B. E.. S. Wyatt 7 for 196 miles an hour.

Jing in South Kensington, where

After a day of strenuouspreciably since yesterday. There have securities valued at £3,284, 000 deposited with the Crown Agents and the Straits Settle ments Government, while the Mercantile Bank have additional Players: 270 for 6 dec.

securities valued at £190,000.

FLOODLIGHTING LONDON

Arrangements For Next Week

London, To-day.

In connection with the confer ence of the Association of Pub- lic Lighting Engineers in:1 don next week, arrangemen have been made to loc Big Ben, the Horse Go Parade the National the London County Hall an Dome of St Paul's Cathed British Wireless Service

(87)

Players at Folkestore..

The first machine home yester the League's International one negotiations at Geneva the League were only about 50 persons day was the Hawk, piloted by Mr-tary and Economic Conference Council met again last evening. The Gentlemen drew with the F. G. Miles, who completed the was held in the summer of 1933, A private session of the Comcil queueing up outside the building

this morning. course at an average speed of has already been justifled by the during the afternoon, at which the 163.75 miles an hour. The Percival increased interest shown by the Italian member, Baron Aloisi, was New Gall was second, at 162 public in the exhibits, which are present, decided on the constitu (miles an hour

now attractively set out and pro-tion of the special sub-committee vide a fascinating introduction to of five to consider the Italo- what has hitherto been one of the Ethiopian dispute. less popular of the sciences.

(0) 160) and 104 for 4"dec. Gentlensen: 171 and 99 for 5.

The following are the final {standings of the leaders in the [County Cricket Championship: Yorkshire 71.33 per cent Derbyshire 63.33 per cent. Middlesex 56.11 per cent Lancashire 54.04 per cent

TREASURY BILLS ISSUE

(Continued on Page 12)

NEW HONOUR FOR SIR JOSIAH STAMP

LOCAL DOLLAR

IMPROVES

Silver Prices Rise

Many objections offered by the Since the opening of the new Italian delegation to the proposed) premises two months ago there committee and its suggested-per- The local dollar has advanced London, to-day. The import-have been daily attendances of a'sonnel were at last overcome by 1⁄2, opening on demand his morn- ance of economic science as the thousand, as compared with the a compromise” arrangem 30- ing st÷1/11%- bey to the many baffling pro former annual total of visitors

cent advances under - 21,000 British Wireless

science reService

blems created by

ban

ecogn

the decision

tish As80-

WEATHER REPORT-

1936

the

LightCa

cording to which the legate agreed to refrai voting on the question.

When the public sessio Barca

lked out when with League pr

to the table Continued on Page 15)

Spot Silver prices improved 1⁄2 to 29-3/16, and “forward”,

/16 29-3/16,

London on New York cross- rate was qui 98%, se comp