1932-08-15 — Page 7

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A

IMPERIAL

CONFERENCE

REMONETISATION OF

SILVER JETTISONED

(THROUGH REUTER'S AGENCY.]

HONG KONG DAILY PRESS, MONDAY, AUGUST 15, 1932.

BRITISH PRINCES IN SIR H. LAUDER'S

VENICE

HEARTILY WELCOMED BY CROWDS

JURITICK WIRELESS SERVICE)

LONDON, August 12.

RUUBY, August 12. A worldwide rise in the general THE Prince of Wales and Prince levels of wholesalo prices is most George reached Venice this desirable, declares & statement on afternoon and found a great crowd the monetary and funneinl ques awaiting them at tion, issued by the Imperial Constation. They were heartily cheer ferance at Ottawa,

od as they left for their hotel,

The ovil of falling prices must, says the statement, be attacked by Government and individual netion in all its cautery, polítical, reonomic, financial and monetary.

The Governments represented at the Conference are convinced that international action is urgently necessary to deal with the problem in its widest aspect, and desire to co-operate with other nations in any practicable measures for raising | wholesale prices.

British Attitudo.

• The Conference welcomes the statement of the Chancellor of the Exchequer, Mr. Neville Clumber- Inia, expressing the desire of His Majesty's Government to see whole- Bale prices rise, and declaring that "the best condition therefor will be a rise in gold prices," adding that the absence of a rise in gold prices inevitably limita what aan he dene for sterling,"

Mr. Chamberlain's statement pro-

coeds that "a riae in prices cannot

he effected by monetary action, since various other factors which have combined to bring about the present depression must also be

modific or

removed, int His Majesty's Government recognises that an ample supply of short-term money at low rates may have a valuable influence, and is confident that the afforts which have sceens- fully brought about the present favourable, monetary conditions can and will he continued."

Low Interest Rates.

MANAGER DEAD

PASSES AWAY IN WINGS

OF THEATRE

(THROUGH REUTER'S AGENCY.]

LONDON, August 14.

WHILE Sir H. Lauder was enter

taining a huge audience at blackpool, his manager and brother. Santa Lucia, in-law, Tom Vallance, dropped dead in the wings of the theatre from heart failure.

Vallaneo hnd

Sir been

II. Lander's shadow, accompanying him thoroughout the world for thirty-four years,

The Imperial Airways seaplane "Sotyr" will carry them to-morrow to Corfu, where they will join the Mediterranean Fleet. The pro- gramme of the Fleet's manoeuvres makes it impossible for the Princes

to attend all the social functions given in their honour at Corfa, but they will land, and attend a recep- tion on Sunday. The island is gaily decorated with the Greek and Bri tish flags,

DISCONCERTING

EXPERIENCE |

PROPELLOR DROPS OFF AEROPLANE

[ranocon REUTER'S AGENCY.]

LONDON, August 14.

THE World Speed Record holder. Flight-Lieut. Stainforth, hnd a disconcerting experience when testing of new type of aeroplan When ten thousand fret above Bampshire the propellor dropped off and Stainfurth glided fourteen miles to find a suitable Innding place. He landed perfectly.

TWO BRITISH AIRMAN

DISAPPEAR

{THROUGH REUTER'S AGENCY.]

RANGOON, Auguṣḥ 13. The Conference recommends the| A MESSAGE received here late to other Commonwealth countries re- night says that the two British presented as Ottawa to net in con- formity with the policy outlined by the Chancellor of the Exchequer, ta far as lies in their power.

In the monetary sphere. the primary line of action towards a rise in prices should by the creation and maintenanen, within the limits of sound finance, of conditions which will assist in the revival and enterprise of trade, including low rates of interest and an abundance of short-term money.

International Standard, Referring to the importance to trade of stability of exchange rates over the widest area nonsible, the statement says complete solution must await the restoration of con- ditions for the satisfactory working of an international standard,

Sir II. Lauder nearly collapsed on hearing the news Ho ant solbing bitterly behind the scenes

DANGER OF CIVIL WAR

STATE OF NERVOUSNESS THROUGHOUT IRELAND

(THROUGH REUTER'S AGENCY.]

DUBLIN, Aug. 14.

A new danger of Civil War appears on the troubled horizon of Irish Free State politics with Announcement that the the

Excentive National

Army and Comrades Association are recruit ing a volunteer division.

The newly formed body will be ex-officers composed largely of and men of the Free State Array, whom it is generally thought are massing in challenge to the pre-

SUNGARI STILL RISING

CHINA AND

MANCHURIA

CHOLERA AND TYPHOID

EPIDEMICS FEARED

(THROUGH REUTER'S AGENCY.]

HARBIN, August 13. THE Sungari foods are still rising. The entire suburb of Pristau is now fooded and many houses are collapsing.

Many of these houses are oc- cupied by people who declined to leave and took refuge in the attics. It is feared that many, of these une

of the collapses.

TELEGRAPH AND RADIO DECISIONS

(THROUGH REUTER'S AGENCY.)

TERRIFIC HEAT AT HANKOW

14 SOLDIERS DROP DEAD AFTER PARADE.

Hankow,

August 7-Hankow, which has been suffering from a heat wave during the week, expori- enced intolerable weather foster-

NANKING, August 14.

Chinese Government have day when the thermometer climbed CHINESE reports state that the tentatively decided on three printo 106 degrees Fahr.

ciples concerning the telegraph

and radio situation in Manchuia; Many cases of prostration due to firstly, the suspension of telegraph the heat occurred with fatal re- and radio tenile between stations|sults. Fourteen soldiers, including in China and Manchuria: secand-

a regimental commander, of the ly, that Manchukuo's circular tele- grams will not be forwarded in

44th Division under General Hsino China; thirdly, the Chipeas For Chi Chu, fell dead after standing

the American and British Govern-

in office is officially, informing under the sun for inspection by ments that Manchukuo has not General Ho Cheng Chun, Director been authorised to take over the of the Hankow Pacification Head- rights provided for in agreements quarters. signed between China and other Powers previous to the Japanese Drought has done much damago occupation of Manchuria,

erope and other agricultural Chinese Government further states products in central Hupch areas, that prior to the restoration to China of Manchuria, all traffic Urgent memages for relief of agreements are temporarily can being received from Kingshan,

sent Government's policy regard-fortunate people have heen victims as the house was roaring with aping the Irish Republican Army.

Mr. do Valern declines to make plaase at his last song.

a statement on this matter, but the feeling of insecurity is grow. ing throughout the country.

*DRYS" EXTREME

SUPPORT HOOVER HITLER WANTS ALL

OR NOTHING PROHIBITION'S COUP-

DE GRACE

(TRBAUGH RBUYER'S AGENCE.]

WASHINGTON, August 13 THE immedinate reaction of Pre- ceptance of the Republican nomina tion, centres round his references to Prohibition wherein he advocated the return to a State option with restrictions, but with no return of the saloons,

sident Hoover's speech in ac

Senator Fess, the Republican of Ohio, one of the leaders of the original Prohibition movement, ont spokenly supports Mr. Hoover's re commendations, which he says will not meet with the approval of

either the extreme "Wels" or the extreme "Drys" but, he thinks will be accepted as reasonable by a vast majority of sane-thinking | poeple.

The extreme" Drys" are of the opinion that while Mr. Hoover's aviators, Salt and Taylor, on apolley would nullify National Pro- private flying venture which they hoped would carry them from Malaya to England, have vanished They disappeared somewhere be tween Moulmein and Rangoon, and it is feared they have been lost at sea. They are long overdue at their destination.

AIR TRAVEL POPULAR

2,000 LEAVE CROYDON WEEKLY

[RITISH WIRELESS BERVICE]

RUGMY. August 12 THE extremely rapid growth of

Air travel is shown by the fact that whereas thirteen years ago only twenty passengers left Croydon it an average week now 2,000 leave that airport weekly.

Meanwhile, the Conference has. considered the possibility of achier- ing valuable results in two direc tions-firstly, creating, an area of stability among those countries re- galating their currencies in relation to sterling; and, secondly, avoiding This hundred fold increase pre- wide day-to-day fluctuations hemises to be rapidly exceeded, for in tween sterling and gold.

The Conference is gratified that the first six months of this year the the United Kingdom has already Imperial Airways carried 30,000 passengers from Croydon alone, as established machinery aiming at preventing wide fluctuations hrany as the total carried during the

whole of last year.

tween gold and the value of steri- It is now possible to book by air ing due to speculative movements, from Croydon for 130 continental al recognises the value of Com-centres, apart from Empire se monwealth countries whose curren- vices. eichre linked to sterling main- taining stability between their ex- change rates. The Conference looks to rise in the general level of wholesale prices as the most desir able means of facilitating this re- sult.

World Conference.

The Committee which has been studying financial and monetary questions refrains from making any

among the proposals which were jettisoned early in the proceedit which also included several novel schemes for Empire monetary re form.

[BRITISH WIRELESS SERVICE]"

Rucoy, August 12,

18

POLITICAL STORM FEARED

IN GERMANY-

(THROUGH REUTER'S AGENCY.)

BERLIN, August 13. Negotiations between Herr Van

Hitler, Nazi Leader. Chancellors. Von Papen, General Von Schleicher and President You Hindenburg have failed utterly. Herr Hitler demanded the Chancellorabip of Germany, but the utmost the Hin- denburg Government was prepared to concede were the Vice-Chancellor ship and the Reich Premiership of Prussia.

The peril of a disease outbreak is intensifying. The cholera outbreak is spreading rapidly and there were

forty fresh cases on Thursday.

A further mennee lies in the fact that all the wella in Pristan, are contaminated and an epidemic typhoid is fenred.

HOUSES COLLAPSE IN HARBIN

MORE HAVOC CAUSED BY THE FLOODS,

(THROUGH REGTER'S AGENCY.]

Herr Hitler, insisted in the final conversation with Herr Var Papen that the recent election had shown. that Germany wanted him as Chri- cellor, and he, therefore, was un- The whole of the Pristan streets able to accept any other post. are flooded; the people are boat He also demanded the portfolios ing; and the river is still rising of the Ministers of Interior and De-slowly. fence for members of the Nazi party.

On these latter posts the Chan- cello was prepared to negotiate, but Herr Hitler's insistence on the Chancellorship made further con versation impossible.

hibition, he is nevertheless more their friend than Mr. Roosevelt, and they propuse to confine their efforts to securing the return to the

Afterwards Herr Hitler called on Congress of as many "Drys" possible.

President,Hindusburg, who similar. Newspaper comment is divided only refused to concede the Chancellor- partisan lines, but one Southern ship to the Nazi Chief. paper enlls Mr. Hoover's speech

Prohibition's coup-de-grace."

CRASH ON NEW YORK 'CHANGE

SOME SHARES FALL TWELVE POINTS

[EBUTKR'S AMERICAN BERVICE.]

NEW YORK, August 12. THE Stock Exchange had its long. expected shake-out to-day. Shares fell precipitately towards the close of the day's trading. torvest of selling occurring in the last hour.

The crash brought down many of the leading issues from one to five

twelve points. Paints and a few fell from six to

Uneasiness showed itself on the market from the beginning. The feature of the early trading was the firmness of the alcohol inanes. presumably owing to President Hoover's declaration that he is in favour of State option.

In other counters, buyers were cautious and very little business was done. The trading avalanche did not commence until the last hour whon thousands and thousands of shares were thrown upon the market and brought about the landslide.

Before the Exchange closed, the day's turnover over shares had ex-

recommendation in regard to the At Ottawa to-day, the Unitedceeded three and a half millions. restoration of a satisfactory interKingdom and Canadian delegations + national monetary standard in view continued their joint examination

called..

The to

Tiamen, Chungsiang, and other

The above suggestions must re- ceive the approval of the Execu-districts. tive Yuan before being euforced.

YOUNG MARSHAL

ADAMANT

TANG YU LIN MAY ALSO RESIGN

CHINESE OFFICIAL TO BE IMPEACHED.

ALLEGED SECRET SALE OF WAR MATERIAL TO

JAPAN,

Nanking. August. 6.-The Control Yuan has instituted impenchment proceedings against Mr. Tan Obang

HADDIN, Aug. 13. Buildings in Fuchintien are col lapsing

(THROUGH REUTER'S AGENCY.) Π and four-storeyed Hotel, and the "New World"

PEIPING, August 13. Theatre have collapsed, claiming MARSHAL Chong Hsueh Liang Kai, Provincial Commissioner of several victims.

remains adamant in his do Reconstruction of Hunan province, cision to resign and it is under- for alleged secret sale of lend and stood that Chiang Kai Shek will antimony to Japan for use as mate- settle his succession by the appoint-rial in the manufacture of ammuni ment of a committee instead of an individual to take over the military command of North Chinn.

It is reported that Tang Yu Lin, the Governor of Jehol, is also in tending to resign.

The locally formed organizations Are unable to cope with the in- creasing demands for relief.

The situation at New Town is

even worse.

Trains are running to Taitaihar, Ashibo and Shwangchengpu.

The basin of the Amur Rivor is flooded, and holds back the natur- al flow of the Sungari River.

In Hong Kong|| CANTON BOYCOTT.

To-Day

FAIR.

YESTERDAY'S WEATHER BEPORT, FORECAST AND REMARKS, 18SUED BY THE ROYAL OBSERVATORY AT 5.50

P.K., BTATED

FIZESSURE REMAINS HIGHEST OVER THE PACIFIC TO THE EART OF JAPAN, AND RELATIVELY LOW OVER CHINA. THE TYPHOON APPEARS TO BE STATIONARY ABOUT 200 MİLES B.B.E. OF NAGASAKI AND TO HE GRADUALLY FILLING UP.

LOCAL FORECAST: - & WINDS; MODERATË, FAIR.

CULT OF THE NUDE

SUDDEN CHANGE IN GERMANY

(THROUGH REUTER'S AGENCY.]

BERLIN, August 12.

of the fact that the question will of the Canadian proposalie FURTHER TROUBLE THE cult of the sude, which has

shortly be discussed at an inter- British delegates also conferred with antional economie conference.

At the same time, the Committec

the. Newfoundland delegation.

is of opinion that the most import DAN MALONE TO BE ant conditions precedent to the re establishment of any international monetary standard are a rise in the general level of commodity prices

in various countries to a height

DEPORTED

more in keeping with the level of SUSPECT OF PLOT TO KILL

costs, including the burden of debts

and other fixed and semi-fixed charges.

International Co-operation.

MR. THOMAS

IN CHILE

STUDENTS DECLARE A

"CIVIL REPUBLIC " :

[THROUGH REUTER'S AGENCY.Į

MERCHANTS SUPPORT

MOVEMENT.

CHINA'S MINISTER

AT PARIS

DR. WELLINGTON KOO APPOINTED

ITHROUGH REUTER'S AGENCY.]

LOYANG, Aug. 14. The National Government, yes. (From Our Own Correspondent.) terday, formally appointed. Dr. Wellington Koo minister at Paris.

CANTON, Aug. 13.

At the general meeting of the Canton City Chamber of Commerce now in assion, a resolution was, reached on Friday's meeting to offer unanimous support to the anti- Japanese boycott movement. It was decided that upon a firm in the city having been found to have dealings with Japanese goods, such a fact haring been confirmed by the anti- Japanese Society in the city, all business houses shall be circularised to sever relations with the said "amuggling "Erm, which shall also be struck off the membership regis

trar of the Chamber of Commerce.

The meeting also passed a ruling that persons working in govern ment tax offices shall not be allowed to serve on the Chamber's commit tees.

CONVERSION PLAN

SUCCESS

MODEL FOR OTHER

COUNTRIES

[BRITISH WIRELESS SERVICE.}

Roomy, August 1 A TREASURY announcement as to the progress which War Loan conversion operation achieved up to the end of the bonus month is ex- pected early next week.

Much progress has now been made with the great volume of mail re- eived in the last few days of July and for some days afterwards. The BRITISH POLICY IN delayed post, consisting mainly of letters from holders abroad, was un. expectedly large.

CHINA

REQUEST THAT INFORMA-cent. war stock was

TION BE PUBLISHED

(THROUGH BEUTER'S AGENCY.]

SHANGHAI, August 13. THE suggestion in a Shanghai morning paper to the effect that

tion.

The petition of impeachment, which was originally brought up by member Lo Chia Fu, points out that since the Japanese invasion of Manchuria last September, the er- tire nation has severed economio relations with the Japanese, Gov- crnment official should naturally set an example in this matter, and the sale of raw materials which may be used for the manufacture, of areas and ammunition must be especially guarded against.

Continuing the petition alleges that as a result of investigations by Mr. Haino I, special deputy of the Ministry of Industry, the Hutan official is found to have illicitly exported and sold to Japan quantities of lead and intimony during the period between Septem ber 18 and the end of December last year, Irrefutable evidence, is also anid to have been supplied by the Changsha Customs authorities and certain exports firms in Han- kow.

MRS. BARNEY TO BLAME

IMPRUDENCE CAUSED MOTOR MISHAP

(THROUGH LEUTER'S AGÉNUY.}

NICE, August 13.

recently MRS. E BARNEY,

nequitted on a charge of mur. dering her lover, and soon after- wards 'involved, in a motor mishap on the Continent, is apparently, not yet out of the wood.

It is officially announced in the report of the examining magistrato at Grasse, that he finds Mrs. Barney ehused bodily harm to Counters Karolyi by imprudence and non- observance of the rules of the road," There are indictions that before which is an offence under the Penal July 31st £1,700,000,000 of five per Code.

converted to It is altogether likely that Mrs. 31% stock and that the final ap- Barney, who was held for question- proximate amount will show a can- ing and then released, will once siderably higher figure. The total again bo called to account in the amount of War Loan outstanding present case.. was £2,078,000,000.

City circles do not doubt that the Treasury will be able to agnounce & very great success, and cipate that. apart from the benefits it will confer on the home financial

anti-

It is not expected that Mrs. Barney's case will be heard for one or two months.

The usual penalties for such an offence are a fine and damages.

The maximum penalty of im-

been so popular in Germany for many years, is to be ruthlessly suppressed, in Prussia at all events. The decision has taken the public completely by surprise. Naktkultur has come to be an accepted thing is all walks of life and the movement has been duplicated in numerous

ountries on the German model:

The first intimation of an official change of attitudo towards the move. SANTIAGO DE CHILE, Aug. 13.

ment came to-day in the form of the here following the Communist (TUROUGH REUter's Agenøy.)

revolt, aimed at the restoration of against the cult of the nude.

They were issued to-night by the ally publish information respecting as a model to other countries with Colonel Marmaduko Grove a head Deputy Commissioner of Prussia,

Great Britain's policy with regard conversion schemes in prospect. TORONTO, August 13, of the Military-Communist, Justa, practically the Dictator with Herr to British Trade and Settlement in- The return also demands tho ad- justment of the factors, political, Irishman suspected of plotting with the Government troops suceeded in politics of the Beich, and they for interest in official quartors. It is Although Dan Malone, young and there was severe fighting before von Papen actively engaged in the terests in Chinn, has aroused keen economic, financial and monetary; which caused the breakdown of the othere to assassinate Hon. J. B. dispersing the rebels..

bid not only stage spectacles with expected that official intimation Colonel Grove, son of a Cornish naked women and gymnastic dis will be given next week as to whe gold standard in many countries Thomas, Secretary of State for the and which, if left unadjusted will Dominions, has been cleared of any gentleman, and one-time virtual plays by naked persons of both ther such, an arrangement is pos-

sible, inevitably lead to another break-ren suspicione in that connection, dictator of Chile, was deponed by sexes, but also bathing without pro.

the present Government faction

per costumes. down, whatever international stand- he will be deported,

Malone was arrested in Hamilton, shortly after he seized power in

The decrees also forbid ballers to ard is adopted.

The Conference is also of the near here, during the visit of Im Juno last.

To-day's revolt began when 400 visit restaurants in scanty bathing opinion that it is most important perial Conference delegates to Nin- to the future working of any inter-gara Falls and Welland to attend students barricaded themselves in national standard that international the aponing of the Now Welland the university buildings and pro- eo-operation should be secured and Canal. It was suspected at that time claimed a "civil republic. They maintained. with a view to avoid that he was implicated in Sinn wore aided by Communists from all injured, most of them spectators.

Fein plot to murder Mr. Thomas, parts of the city. Two regiments of Much damage was done to the ing, as far as is practicable, wide and possibly others of the Imperial Government troops had to be sum- University property. --- fluctuations in the purchasing power

delegation

moned before the students, armed The Davilas Government issued of the standards of value.

With a number of others, Maloue with machine gune and rifles, a statement of assurance that all was arrested and charged with capitulated..

Communist disturbancea. will be vagrancy. He will be deported as Eight persons were killed and 30 vigorously suppressed and every pro- aw undesirable."

(Continued at foot of next column)tection given to private property,

A STATE of seige was declared promulgation of drastic decrece the Foreign Office should occasion situation, the operation will servo prisonment is seldom imposed..

Silver Idea Jettisoned. The remonetisation of silver was

(Continued at next column.)

costumes...

It was pointed out, however, that the chief obstacle, to such a develop. ment, despite its usefulness to Bri- tish trade and Settlement interests, is the undesirability of mak ing public, anything in the nature of a forecast of British policy to- wards a foreign power. The posi tion in the India Office, which per jodially inues statements regard ing British policy, is not analogous as India is a member of the British Empire, and whereas the Anglo- Chinese relations are naturally much more delicate a matter.

TRAGIC DEATH OF PLAYWRIGHT

KILLED IN MOTOR SMASH

(THROUGH BEUTER'S "ACKNOV.]·

MR. Ronald Mackenzie Young, the author, whose, first play, Musical Chairs,” is running muc- cosefully at the Criterion Theatre, London, was killed to-day in a motor accident near Beauvais in France.

TERRORISTS FIRE ON POLICE

EUROPEAN WOUNDED

· [AHITISH WIRELESS ERNYICH)

CAWNPORE, August 13.

A BRITISH Police Superinten- dent, R. N. Marsh had a narrow. escape from death when police were rounding up local revolutionarjen to-day. A terrorist fired at Marsh and missed, but the bullet wounded a Sub-Inspector.

| Fiye shots were fired sa6 'poline. Several arresta. were made and fire arme esized,