1931-02-26 — Page 9

AUSTRALIA'S NEW PLAN

CREATION OF ENORMOUS. CREDITS.

ITHBOFOH HENTER'S ACENCY.)

MELOCENÉ, Fel, 25. Mr. E.G. Theodore, Federal Treasurer, has produced a new pinn for the financial rehabilitation of Australia.

GANGSTERS VICTORY AT CHICAGO:

"BIG BILL " DEFEATS

JUDGE LYLE:

[REUTEN'S AMERICAN SERVICE.]

CHICAGO, Feb. 25.

Big Bill Thompson won his. fourth mayoral nomination by de fenting Judge Lyle, his anti

HONG KONG DAILY PRESS, THURSDAY, FEBRUARY 26, ⠀ 1931.

FATHER TIERNEY'S ANGLO-FRENCH FIN-

RANSOM.

ANCE DISCUSSIONS.

STRONG BRITISH REPRE- SENTATIONS.

FRANK AND CORDIAL EXCHANGE OF VIEWS.

(THROUGH REUTER')' AGENCY.}

PEIPINO, Feb., 23, Grave now has been received regarding Father Tierney, who was captured by bandits last November, gangster opponent, hy 45,000 votes: His captors are seriously threat It is understood that, the plan Both candidates are Republicans.ening to kill him if the ranzom in provides for the creation of credits. It was a bitter fight, in which not paid very shortly, anting to £23,000,000 by the Al Capone backed Thompson to Commonwealth Bank.

the extent of £30,000, and which The Premiers' Conference, which has left a legacy of libel suits in- has discussed the plan, has advolving claims for $1,000,000 dam journed.

Hitherto no agreement has been renched.

igon.

.

It was primarily for the selection of a Republican candidate for mayoral election proper in April.

An army of 70,000 men, including 5,000 police, and a picked body of the American Legion Volunteers kept order during the' polling.

Fears of bombings and shout-ups AWARDS FOR MERITORIOUS | did not materialise, in spite of the FLYING FEATS. fact that 240 gangsters were im

INTERNATIONAL LEAGUE OF AIRMEN.

[THROUGH REUTER'S AGENCY.]

PARIS, Feb. 25.

ported from St. Louis on behalf of Judge Lyle in order to meet the menace of followers of Al Capone, who himself was present in his The International League of Airy | Jamone bullet-proof car, me awards include hatistal tro- The campaign was characterised phies to Major Kingsford-Smith and | by a storm of vituperation and the Captain Barnard.

appearance of Thompson's fameus

Worman, aviator's trophy to Miki¦' circus," including a parade head. Amy Johnson, medals of honour toed by a jackass and mounted Mrs. Victor Bruce, Duchess of cowboy, Bedford, Mile, Hiltz (for Paris-

Saigon flight), Mrs. Lindbergh, CUBAN PRESIDENT'S Mre. Bostic (world record duration

NARROW ESCAPE.. flight of 37 hours and 55 minutes) and dirigible trophy to Capt. von Eckener.

CHINA'S FOREIGN TRADE..

SCHEME TO ESTABLISH BUREAU AT SHANGHAI.

Wah Tiz Yat Pau.)

IN

NANKING, Feb, 23. The Ministry of Industry and Commerce has drawn up a scheme for the improvement of China's foreign trade.

it provides for the establishment

of a bureau for the improvement of foreign trade at Shanghai, and under its direction trade commis. siouers will be appointed at the commercial centres throughout the world with a view to establishing contact with foreign commercinl interests and to study foreign trade conditions.

The Ministry has also appointed Dr. P. W. Kue to take charge of the preliminary arrangements..

REBEL GOVERNMENT

IN PERU.

TROOPS JOIN SOUTHERN INSURGENTS.

ĮREUTER'S AMERICAN BERVICE]

NEW YORK, Feb. 25.

-A message from Lima states that

the Southern rebels have establish.

ed their own Government.

BOMB EXPLODES ABOVE

BATHROOM.

{REUTER'S AMERICAN BERVICE.] ́

HAVANA, Feb. 21.

It is revealed that President Machado had a very narrow escape from yesterday's' bomb which 'ni sentry lowered down a ventilator with the timing set at 4.30, wher the President was expected to take his morning bath.

The bomb was not lowered suf- ficiently and exploded on the bath

room floor above the President's.

Second Attempt to Assassinate President.

HAVANA, Feb. 25.

A second attempt to aasassinate Président Machado failed yester day afternoon.

The police seized a youth who was drawing a revolver in order to shool President Machado, while he was speaking at the dedication, of the now Capitol.

LABOURITES RESIGN FROM PARTY,

MOSLEY FOLLOWERS ADHERE TO LEADER.

(THROUGH REUTER'S AGENCY.]

The British nuthorities continue to make the strangest representa tions to the Central and Provincial Governments regarding his release.

A Shanghai telegram dated November 10 stated that the Very Superior of St. Columban's Mis Reverend C. Tiernoy (Ireland), sion, Kienehang, 80 miles south-east of Nanchang, had been captured by Communists.

"There were no details of the cap- turc.

BRITISH ADMIRAL'S

SEAMANSHIP.

FOUR FEET TO SPARE IN

PANAMA CANAL.

(REUTER'S AMERICAN SERVICE.]

BALBAO, Feb. 24,

(THROUGH REUTER'S 'AGENCY.]

Losnos, Feb. 24. The Treasury has issued a state- ment on the subject of the past two months' discussions between itself and the Fronch Finanes Ministry.

LONDON NAVAL

TREATY.

ANGLO-FRENCH AGREE MENT REACHED,

(THROUGH, REUTER'S JORNCY.]

PARIS, Feb. 24,

UNIONIST PARTY

AND INDIA.

DISCUSS SUBJECT OMITTED FROM AGENDA.

(THROUGH. REUTER'S AGENCY. I

...

LONDON, Feb. 24, A Franco-British agreement has The Executive Committee of the virtually been reached regarding National Union of Conservative the conditions on which France is Associations to-day unanimously to become a party to a full London passed a resolutina, proposed by Naval Treaty.

Commander Locker-Lampson and This fact was gathered from seconded by Mr. Winston Churchill, British source after the lunch given to the effect that the crisis in by M. Briand to Mr. Arthur Ilen-India is of paramount importance derson and Mr. A. V. Alexander. and the Unionist Party is eniled Last year's triple London Naval upon to make a strong stand for Agreement will accordingly become law and “order.

India was not mentioned on the

This statement says that it was agreed that cardinal importance should be attached to the resume tion of foreign lending on nor nl scule by creditor countries. It was recognised, holwever, that | the present, credit, dificulties were quintuple if Italy joins the Franco- rgely due to a lack of confidence British agreement; otherwise the on the part of the vestor and it latter will kill to the ground, way essential that borrowing coun Britain having hitherts refused to this should exert themselves to agree to A safeguarding cause their utmost to "restore' that con- | under which France may resume Mr. Stanley Baklwin was absent, liberty of action should Italy inten- and there were in inet only a few

now being

the Italian Government experts,

FIFTH TEST MATCH.

SOUTH AFRICANS SECOND INNINGS,

THROUGH KETER'S AGENCY.I

Dunvas, Feb. 25. In overcast weather and on' å wicket which was good after over- nightain, Beidle and Mitchel, resumed the South African innings,

ΙΑΤΡΙ. There were 2,000 present after lunch.

South Africa-Zad Innings.

Seidl, e Chapman, b White Mitchell, Hammond, b

VOCs

Poobles

agenda of the meeting of the Christy, st. Farrimond, b Executive, and the gathering iras not considered to be of great im portanee.

Chamberlain.

fidence.

The statement declares that con- | rify her naval building programme. Į members of the Howe of Commone erete proposals

Mr. Henderson and Mr. Alexan- prosent, including Mr. Neville emulated by experts following der leave for Rome to-night to meet the League, of Nations' decision to start detailed discussions with a view to facilitating the, placing of agricultural credits in Central Europe and Eastern Europe;

The statement concludes by stating that the converantions" were not dicted at establishing a definite inter-Governmental agreement on specific points, but enabled contact A polyglot crowd of. Americans,

10. Be established on various ques- British, Chinese and others, attions deeply affecting France Balbon in the Panama Canal Zone, British financial economic inter witnessed in triumph of navigation when the British battleship, H.M.S. Nelson, with only four feet to spare, passed through the canal locks and docked nstern of the U.S.S. Texas.

Fats,

It was agreed that this gontact should be maintained and further exchanges of views be conducted ns- required.

-LATER

Mr. Henderson and Mr. Alexan der departed for Rome to-night.

Discussions With Italian Government. [DRITION WIRELESS SERVICE)

RUGBY, Feb. 24. Negotiations on naval limitation between Mr. Arthur. Henderson, the Foreign Secretary, and the First Lord of the Admiralty, Mr. A. V. Alexander, and M. Briand and

M. Bumont, the French Ministers for Foreign Affairs and Marine, respectively, were. CON- tinued throughout to-day in Paris.

The resolution was submitted as an "emergency resolution and Mr." Churchill spoke most vigorously on the subject, and congratulated the Council on their wisdom in includ. ing India in the business of the meeting.

LADY OWEN SENTENCED

TO FIVE YEARS.

CIVIC DEGRADATION AND SILENCE ENFORCED,

(THROUGH REUTER'B· AGENCY.),

Pants, Feb. 24. Lady (Edmee) Owen, widow of the late Sir Charles Owen, was ́sentenced at Versailles Assizes to-

Although no official, information was issued, it is understood that progress was made as a result of which the British Ministers, with technical advisers who had taken part in the Paris conversations decided to proceed to Rome to- An official statement on the re-night to discuss questions with the day to five years' reclusion, on a cent discussions between the British Italian Government representa- charge of attempting. 10 murder End French Treasury experts anya that "the object had been a frank and cordial exchange of views on the principal financial questions of

H.M.S. Nelson, which is on a five Policy of Financial Co-operation. days visit to return a courtesy

(ORITISH WIRELESS SERVICE) visit paid to Scotland last summer

Rucny, Feb 21. by the American battleships, Utah, Florida and Arkansas, is a vessel of 40,000 ions and is the largest ship ever, to negotiate the Canal,

Her beam is 108 feet, while the ennal locks are only 110 feet wide,

ま

Admiral Sir Michael Hodges, the interest Commander-in-Chief of the Atlantic view Flect, described his efforts to get financial through the Canal as "like a man's

effort to thread a needle.” ..

In spite of masterly handling the pasange of the giant ship was not accomplished without damage. Soine boom brackets were broken

the existing world wide depression,

.tives.

the wife of her former lover, Dr.

Gastaud.

Lady Owen is n Frenchwomen and was formerly an actress.

Broadly stated, the object of the present negotiations, as of the pre- fiminary conversations". which Mr. Craigie of the Foreign Office, has had 'during recent months with

Reclusion, entaiðs civic- dégrada- both exuntries with the French and Italian experts in tion, numerous legal disabilities promoting a policy of Paris, Rome and Geneva, is to co-operation to cope with overcome the difficulties which re- and regulations, while severe strict

mained after the Powers' Naval silence is enforced.', Conference heid in London near ago.

As a result of that Conference a Lady Owen's name was mention- Three-Power Treaty was signed bed in connection with the exp'oits tween Britain, the United States of Francis Lorang, the managing and Japas, while France and Italy director of the Bluebird Petrol were to continue the negotiations Company, who was convicted in which, it was hoped, would enable London for misappropriation Treaty. them to adhere to the Five-Power,

The underlying causes of the exceptional gold movements be tween London and Paris have been discussed.

It has been confirmed that the

French nuthorities in no way wel come

the abnormal gold mave

when passing through Catum Looks, and sinne of her steel side plates were slightly bulged when the ments and have been anxious so Nelson humped into the concrete tar as pcesible to avoid mesource sides of Pedro Miguel Locks...

tending to bring them about.

ALL-METAL FLYING-BOAT.

SUCCESSFUL TEST FLIGHT.

BRITISH WIRELESS SERVICE}

RuGay, Feb. 24. An all-metal flying-boat which will be used by the Imperial Air ways on the Mediterranean section of the Indian and African routes, had a successful trial flight ni Rochester to-day.

The first completed of three on order with Messrs. Short Brothers, LONDON, Feb. M. it weighs 14 tons, has four Bristol Mr. E. J. St. Leo Strachey, Jupiter engines developing 2,400

T French Treasury, while not unsidering that the anothods of managing the public fands In France have had the influence sometimes attributed to them, has, nevertheless, readily stated its in tention of taking an account con sistent with its own noods of the repercussions which its operations might have on the monetary war Lack of Oonidence Oreates Credit

diit.

Dificulties.

two It was agreed that the Treasuries should be kept in touch

The object of the British negutin tors has been to facilitate a naval Agreement between France and Italy of such a nature as would eliminate any need on the part of Britain invoke Article 21 of the Three-Power Treaty, whereby Bri- toin, if compelled to do so by con- tinental building, might revise the limita laid down in that part,

Louden. Naval Treaty are being Other Powera signatory to the kept informed of all developmenta.

It was stated that Lady Owen had been left श fortune Tunning into millions by Sir Charles Owell, and that Loring and played the leading part in the dissipation of her money.

NEW MOVE BY ·R.M.S.P.

MORATORIUM PLAN.

To enable the £13,300,000 Toyal Mail Steain Packet Company lo quit forward a complete scheme of SECRET STEEL; REPORT OF arrangement, reconstruction And

reorganisation," CABINET.

the mirat and second Debenture' holders of tha

"

on questiona arising from the reTHE VERSION THAT LEAKED company and the Preference share-

arta of the gold delegation of the League of Nations

It was also agreed that cardinal

OUT.

The secret report on the British

The troops at Cuzco have joined Labour M.P. for the Anton Divihorse-power and is capable of. a importance should lie attached to iron and steel industry, prepared moratorium for the company until

them.

BRITISH ROYALTY IN

VALPARAISO.!

CIVIC HONOUR CONFERRED.

(RITIAN WIRELESS RERVICE]

RUGBY, Feb. 24. - The Prince of Wales and Prince George, who last night reached

·Valparaiso by aeroplane, received

speed of 130 miles an hour,

sion of Birmingham, a son of the former editor of the Spectator and

Taylor, bw, b Peeblen

37

-14

Viljoen, a Chapman, b Voce 18

11

Cameron, not out ...

20

14

Dalton, at. b Peebles ...

McMillan, not out

Extras

10.

Total (for 8 wkts.) 181

Play was adjourned for ten.

Scuth Africa-1st Innings.. Siedle, c and b Whito Mitchell, b Harumond Christy, b Peebles Taylor, e and b Pechles Viljoen, e Hammond, b

Tato

Cameron, Voce Dalton, c

Hammond

Farrimond, b

McMillan, not out Vincent, 4 Chapman,

Peebles

Bell, b Voce ....... Cochran, Peebles

Extra

Total

73 10

10

952

Fall of wickets for 127; 2 for 1313 for 157; 4 for 163; 5 for 183; 6 for 203; 7 for 22} 5 for 242; for 243; 10 før 252,

Bowling Angeis.

0.

Hammond ... 30 G Voce Peebles White

Tate

27 10 974.31

England-ist Innings.

Wyatt, Cameron, Bell 24 Hammond, Mitchell, b

Vincent

Leyland, 1.b.w., b Bell Headren, eMeMillan

Vincent

Turnbu't, McMillan Farrimond, e Taylor,

Vincent

Chapman,

Vincent

35

McMillan,

Tate, i Vincent Voce, e Bell, & McMillan'.... White, a and b Vincent Peebles, not out

Extras.

Total

Fall of wickets

50

230

for 68: 2 for 1; for : 4 for 101; 5 for 101 6. for 199; 7 For 188; 8 for 189: for 223; 10 for. 230:

Bowling Analysis.

0. M. R. W

30 4 63

Bell

Cochrane Vincent McMillan

2 5.

31.2 0

47 0

31 4 17 3 572

BABY FOUND IN A TREE

POLICE. SEARCH FOR PARENTS.

hotdes of the White Star Line, Limited are asked to sanction a the resumption of foreign lending for the Cabinet by the sub-commit June 30 next. It will sent 15 passengers and can on a normal sale by creditor countec of the Committee of Civil Re- carry one and a half tons of mail.

Rock-a-bye baby, on the tree top! tries, and is French authorities search under Lord Sankey, has

They are also asked to agree to. When the wind blows, the cradle a member of the LLP., and Dr.minimum in the saloon by the use Elown their desire to encourage British Government's refusal to boreps not more than £250,000 by

Engine noise will be reduced to have on many occasions, made leaked out in Germany despite the the company being at liberty to when the bough breaks the baby

will rock;: Robert Forgan, Labour. M.P. for of sound-insulating material beforeign lending on the Paris mar

will fall, West Renfrew, both members of tween the saloon covering and the ket the Mosley group, have addressed outer skin of the hull. a letter to Mr. Ramsay MacDonald, resigning from the Parliamentary Labour Party.

the Honorary Citizenship of Vina ROUND-TABLE CONFERENCE

Del Mar.

Today the Prince of Wales will lead the polo team in a match against a selected Chilean tean.

AMERICAN, NEWSPAPER

DEAL.

SCRIPPS HOWARD GROUP NEGOTIATING.

[REUTER'S AMERICAN SERVICE]

New York, Feb. 24....

Negotiations are in progress for the sale of the Feening World, the alth and the Sander Worldto the Scraps-Howard Tour, the most formidable rivate of the Hearst papers.

IN INDIA.

IF GANDHI AGREES TO A SETTLEMENT.

(THRÓDON REUTER's Mornor.Ţ

When the three new flying-boats are in commission, the Imperial Airways will have a fleet of 34 aircraft, developing a total of 48,000 horso-power.

AMERICA'S EIGHTEENTH

AMENDMENT.'

HELD UP BY U.8. SUPREME. COURT.

[REUTER'S AMERICAN SERVICE}

But it is recognised that the pre- sent credit difficulties are largely due to a lack of confidence of the investor, and that it is essential that borrowing countries should themselves take all possible mea sures to restore confidence,

Loan Operations.

דוס

make it public within ita borders..

The German Koelniche Zeitung published three long articles, sum- marising the evidence given before the Committee and a fourth article indicating the Comenimian's recom. mandations

Recommendations.

The Committee is reported to Adequate vertical grouping and the elimination of uneconomic concerns are needed..

Stepa to promote effective od.have said that;-; operation between the markets with a view to loan operations would contribute to alleviate the existing depression and all possibilities should be examined.

The statement refers to the League discussion with a view 'to. facilitating agricultural credits in Central and Easter Europe, and expresses the hope that practical results may be realised at an early. date,

Debentures, to rafik with the exist ing 41 per cent. Debenture issne.

This reconstruction of the com pany was foreshadowed by Mr. Walter Runciman, M.P., in a state. ment made by him last November on the position of the company and its associates.

Many Interests. Following difficulties earlier in the year, Mr. Walter Runciman The immediato introdution of was asked last June to become, safeguarding mcasurre would director and

deputy chairman, cause a postponement of there and thus being his export know organization and would help to edge of darpping, to the service of

Down will come baby, cradle and

ail..

The meaning of the old lullably two young lovers of Chertsey, has been brought home vividly to While strolling along a dark | footpath leading across the meads

from Bridge, they were startled by pain Woburn-hill to Chertory

tive crics coming from the branches of a tree.

Semimbling to the top of a eft. oak fenoo, the young no swa bundle of white clothing securely held in the top of a thick evergreen, Leaning over, he gave the bundle as mudgy, and the bundle replied with wails. Gently lifting it in.

Investigation

WASHINGTON, Feb. 24.

keep alive uneconomie cons. the company his arms, he dimbed back to the The United States Supreme

If the complete reorganimation. NEW DELA, Feb. 21.

At the same time an advisory pathway and handed it to his Court today held up the Eigh-

od large regional areas froin the committee was appointed to confer Aweetheart to mind while baxan for In the course of "conversations" with members of the Indian dulega-

teenth (Prohibition) Amendment.

Loclinical business and firinncial with the Court of Directors the police." All America has been eagerly:

standpoint did not enable the in-matters of managment, adminis tion to the Round Table Confer waiting the Court's ruling since.

dustry to compete with the for-tration and finance. It adds that the “conversations "

revealed a dark- ence, Lord Irwin explained that if the decision given by Federal Dis

haired have not aimed at definite inter- eigner, then the demand for site.

baby girl, aged between: ond Gandhi agreed to a settlement, the trict Judge Clark, in Newark, New Cloverement agreements, but have

The moratorium is asked because month and gix weeks, warmly wraps guarding until the eficiency of of the magnitude of the amountain-ped in woollice, and to all appons Round Table might be reconstitut Jersey in December, declaring that enabled contact to be catablished the industry has been recovered,volved and the many and diverse ances well nourished and-cared for cd, with the possible inclusion of the Eighteenth Amendment was on questions allecting the Onancial

should be seriously considered. interests which ́hoye to bo satisfied Two hours previously another 15 Congress delegates.

invalid m rien of the fact that it and economi, interezta of both fan wine tothed that men only fair of weetheart hai should have been rated by countries, which will be maintained, would cost about £5,000,000 to re- pare the completo ichome in the pper, and board the crits, but masz- constitutional convention and not and the "conversations will, bo build the existing and comparative short spnor of Lime grailable up to ed on, thinking they were those of by State Legislatures,

renewed as circumstances require. ly modern 160 blast furnaces.

small gent.

The Conference would then be held in India, after which Indian committees would be formed,

the resort.