1932-11-10 — Page 9

MR. ROOSEVELT'S SWEEPING VICTORY

HOOVER LOSES THROUGH LACK OF

HISTRIONIC ABILITY

LITTLE CHANGE IN HOME OR FOREIGN

POLICIES EXPECTED

THROCO REUTER'S AGENCY

NEW YORK, Nov. 0.

INCOMPLETE RETURNS INDICATE THAT MR. ROOSEVELT MAY EXPECT 453 ELECTORAL VOTES AND MR. HOOVER 78.

Mr. Hoover was swept from the White House by blind resent. ment of millions of Americans suffering from hard times, also owing to his somewhat uninspiring personality, and a complete lack of his.. trionic ability compared with Roosevelt and the latters most able publicity. Undoubtedly also many thousands of "wet" Repub. licans were allenated by Hoover's ambiguous attitude i gard to prohibition. The result of Mr. Roosevelt's election to the World is not likely to be very noticeable, as it is improbable there will be any drastic reduction in the United States' tariff.

re

Both parties officially oppose the cancellation of War Debts, but are willing to consider a re-adjustment in return for facilities to United States exports by debtor nations.

Mr. Roosevelt may be expected to continue Mr. Hoover's policy of limited co-operation with the Lengue on disarmament, preven tion of war and the restoration of the economic health of the world.

REVISION OF VOLSTEAD ACT?

In regard to prohibition, Mr. Roosevelt will not hinder a re vision of the Volstead Act for beer, and is expected to be more sympathetic to the unemployeds' claim for Federal rellef.

Mr. Hoover has telegraphed Mr. Roosevelt "I congratulate you on the opportunity which has come to you to be of service to the country."

In the com- "I wish you a most successful administration. won purpose for all of us shall dedicate myself to every possible helpful effort,"

:

The Republican landslide was given evidence by the fact that by 4.30 G.M.T. Mr. Roosevelt was leading in thirty-eight sintes, 431 electoral votes, while Mr. Hoover was ahead only 'in six states, with seventy votes.

ROOSEVELT STARTS WELL

in the. States, in which President NEW YORK, Nov. 8. Pending the results from the Hoover kads is only 23, Middle West and West, it is too Mr. Roosevelt appear

almost early to say that Mr. Franklin certaisi to carry the most important Ransevelt, the Democratic can-key Stale, New York. He has been

HONG KONG DAILY PRESS, THURSDAY, NOVEMBER 10, 1932.

OPPOSITION TO BIMETALISM

BRITISH EXCHEQUER EXPRESSES HIS VIEWS

(THROUGH REUTER'S AGENCY.}

LONDON, Nov. 4, THE House of Commons yesterday- adopted without division the

Labour motion expressing Parlin- ment's concern with the present volume of unemployment and wel. coming all measures dealing there. with.

The debate was niceworthy for the long statement of Mr. Neville Chamberlain, Chancellor of the Exchequer, rebutting arguments in favour of bimetalism and stressing that supplies of silver are inade quente and, that the central banks certainly would not agree to recept a certain proportion of silver at a fixed ratip to gold.

In the final speech in the unem- ployment debate in do House of Commons, Mr. Chamberlain replied to the address of Sir Robert Home, in which the latter suggested that wholesale commodity prices might be affected either by restricting sup- plies of commodities ar alteration in the amount of monetary gold Available an being the standard whereby their value was measured. Sir Robert Horan suggested that as there was a deficiency of gold due to much of it being erilised in the reserve of particular coun tries, Britain should supplement the supply of gold by bringing silver into account, adding that a rise in the price of silver would very much improve British trade with India and Chinn.

Dificulties Scen.

Mr. Chamberlain saw difficulties in accepting the theory that the ris in the price of silver would in- ercase trade with India and China, and said that white China had a silver carroney, India had not, therefore, as far India was concern. ed, the theary must be Unkel og the rise in the assumption that the value of the hoards of silver in Indin would enable Indin' to do a larger trade with other entries. A large portion of the hoards in India was not in a monetary form, but in the form of ornaments, In the past Indin bracelets, etc. had steadily increased those bonds, though she had never used them us a means of purchasing goods, but for establishing social status. An examination of the variations in the price of silver during recent years, had not yielded any evidence she had utilised her silver hourds when the price of silver rose to buy more goods from other countries.

BRITISH AIR PROGRESS

THREAT BY NAVAL

RATINGS

PREMIER SAYS, HE WILL GUARD FUTURE

[RITISH WIRELESS SERVICE.}

Ruay, Nov. 6.

the House of Commons to-day,

Lord Apaley asked the Prime Minister whether, before any de cision was reached regarding the extent to which the British Gov.

crnment

could agree with

SERIOUS SITUATION NARROWLY AVERTED

'(THROUGH REUTER'S AGENCT.)

CANDEREA, Nov. 9.

FOLLOWING a protest meeting of

two hundred naval ratings al Melbourne against a reduction in pay, under the financial emergency, at

which spokesmen threatened the action by 3,000 ratings unless their French disarmament proposals, and grievances were remedied by Ony particularly those on the inter-erament recommendation, the Naval national control of civil aviation, Board has decided to increase the he would ensure that such agree travelling concession to ratings ment would in no way prevent the going on and returning from leave, future development, of British civil also the child endowment of sid, to aviation, either of a private nature, sterling, which rate will be paid by or on the existing and proposed the Public Service. Employees will Empire routes to India, South also have an increase in their daily Africa,

rations allowance of from fifteen to twenty-seven pence,

Australia and Canada

respectively.

The French Minister replied that he had not yet received the now French disarmament proposals, but the Government in the United Kingdom would certainly bear in mind the importance of providing fully for the future of British civil aviation and the development of Imperial air communications.

supplementary

Replying to question, regarding private flying, the Premier said he could not enter into details that might arise in the course of the negotiations but the House might take his

swer as one that was going to guide the Government in their gea- eral policy.

Asked whether the dissociation of civil flying altogether from the armed forces of the Crown was be. ing considered, the Premier said that that was naturally one of the questions that must arise.

IRISH GOVERNOR

GENERAL

APPOINTMENT PART OF

TREATY

[URITISH WIRELISA SÈRVICE.]

didate, as been elected as the next running neck and neck with Prin figures on Indian imports that JUESTIONED in the House of President of the United States, but sident Hoover in the country dis it will be nothing short of a tricts and with his huge advantage miracle if President Haver sur in New York City has a lend at present over 400,000 vates, after the counting of a quarter of the votes recorded in the State.

vives.

New York, with forty-seven elec toral college votes, has alrendy guno over to the Democrats. Mr. Roosevelt now has a strong lead ini twenty-five States, commanding 284 ulrctoral enllege votes, which would be quite sufficient for election.

President. Honver is leading in only seven Sintes, which carry 88 electoral college votes.

Mr. Roosevelt is triumphing int the traditionally Democratic South,

1

New York Load.

8.30 p.m. President Hoover's nssistant carepaign manager has conceded the loss of New York State with its forty-seven electoral college voter to Mr. Roosevelt.

Roosevelt has already polled two million out of five million pos

No Guarantee of Trade. Regarding China. Mr. Chamber- tain said that the position was slightly different because China' bad rose, the value of China's currency a silver currency and if silver

Also: rose

China's purchasing power gained simultaneously. But then China's selling power decreas ed."

Again, in die case of China, he

RUDBY, Nov. 8.

Commons as to the appointment of a new Governor-General of the Trish Free State, the Dominions Secretary, Mr. J. H. Thomas,' said that whilst he had no` statement to make at the moment, the House was aware that provision for the appointment of a Governor-Gen. earl was matic in the Anglo-Irish

party of it. Treaty and was indeed as integral

where President Hoover is being sible votes and is now leading by did not find in figures that they In Hong Kong

literally snowed under.

Position Hour by Hour.

NEW YORK, Nov. 8, Unofficial and fragmentary resi turns show that Mr. Franklin, Roosevelt is leading in seven States having ninety-three electoral votes, while Presiden: Hoover is leading in three States having twenty elec toral votes.

The candidates are rataing neck and neck in Massachusetts which has 17 votes and Pennsylvania

which has 30.

Roosevelt Woll off Mark.

8.30 p.m. Mr.

Roosevelt is leading in Alabama (11 electoral votes), Florida (7) Georgia (12). Okla homa (11), Texas (23), Missouri (16), Maryland (8) Tenucasco (11) Nebraska (7), and South Carolina (8).

The candidates are running neck and neck, with no clear indication whatsoever, in Kansas. 9. electoral! votes), Massachusetts, (17 votes), Fennsylvania (38) and Colorado (6). | President Hoover is leading in New Hampshire (4 electoral votes) and Rhode Island (4).

Big Lead,

i

In the States hitherto for loosy velt, the electoral votes total 113. In those for Hoover, there are only eight votes. And in those in which the candidates are running neck and neck account for 68 electoral collego valca.

Mr. Roosevelt is now leading, also in Virginia with 11 electoral college votes, in Arkansas (8 votes) and is slightly leading in Massachusetts and Kansas, where he is now be ginhing & draw away slightly from Mr. Hoover, was von

nearly six hundred thousand, a lead which is tending to increase rather than to diminish.

eor-

bore out the view that a change of the value of silver made a responding difference in the valua Roosevelt Leads in 25 States. of Chinese imports. Imports into 8:40 p.m.: China fell only 10 per cent, during With New York in Roosevelt's the period when silver foil 27 por favour and a commanding lead in Without being dogmatic, he the South, the election seems to was unable to convince himself that have been already decided.

a rise in the price of silver would tio have this valuable effect on trade of Lancashire with China and Indiu,

It is, of course, too early to say that Mr. Roosevelt has been elect od until the results have been re. reived from the Western States, but it would be almost a miracle now if he fails.

Turning to the question of whether the increase in the avail. able supply of metal, either gold or its equivalent in silver, would in-

Roosevelt is now leading at least twenty-five States, carrying 284 elecrease the available stock in Britain toral college votos.

1

QUEEN ELIZABETH RETURNS

WARSHIP HOME FROM

MEDITERRANEAN

To-Day

FINE TO CLOUDY

YESTERDAY'S WEATHER REPORT, FORECAST AND REMARKS, ISSUED BY THE ROYAL OBSERVATORY AT $ - P.M., STATED :-

A WEAK ANTI-CYCLONE REMAINS CENTRED OVER S.W. JAPAN. Tux TYPHOON IS ABOUT 400 MILES TO THE E.S. E. OF MANILA, MOVING W.N.W..

LOCAL FORECAST:-N.E. WINDS, MODERATE; FINE TO CLOUDY.

so as to enable the value of whole- vale commodity prices to rise the world over, Mr. Chamberlain said one must remember that the avail.' iable supplies of gold had enormous- ly increased from £1,000,000,000 in 1900 to £2,500,000,000 in 1932. - When one considered the amount of extra gold that would be necessary to

would not come from Chija, be make any real dillerence to-day, one

cause China wanted her silver for must consider that extra atqunt iù currency, unless silver rose highly relation to the available supplies in price, when she would require of gold in the world.

less selver,

Gold Discoveries.

All warships sailed from Mel- bourne without further inciden

YOUNG COMMUNIST SENTENCED

BOUND OVER FOR TWO YEARS

(TUROUGH REGTER'S AGENCY}

LONDON, Nov. 0. THE Hampstead Magistrate ad

dressed the eighteen-year-old Serpyn in severe paternal language before louiently binding him over in the solo surety of his mother to behavo properly for two years.

The police reported that Seruya was an ardent Communist and that his room was plastered with Com munist matter and Soviet badges,

Seruyn's Inwyer said the accused was studying for a chemist's degree at, the Royal College of Science. meeting at After attending Trafalgar Square he decided on his way home to smash windows in the Premier's house, thinking it was empty.

PHEMIUS AT MERCY OF SEA

KILLERIG RACING TO RESCUE

[Todaя REUTER'S AGENCY.]

LONDON, Nov, D. There is graye renson to lear that the Blue Tunnel liner, Phe- mius, bound for Hong Kong from New York, has been lost with all hands.

Latost messages received at Liver- pool from Colon, Panama, state that the vessel seems to have dis appeared without trace.

Three United States naval ves sels and submarines are engaged in a search for the missing ship. which first sent out S.O.S. signals! on Sunday She was then in the thick of a hurricane, some 150 miles off the coast of Nicarabua.

Completely Helpless,

The master of the Phomius, Cap- tain D. C. L. Evans, in sending out his first distress signals, an- nounced that his funnel had been carried clean away, that the vessel was badly damaged in the rough weather and that four holds were filling

continued to Messages through for some time indicating that the plight of the vessel was growing more and, more terrible. First her propellor was broken and then her steering gear was

disabled.

come

(ORITISH WIRE ESS SERVICE}

In Heavy Weather. Rvour, Nov. 8.

Against Bimetalism.

The last message received stated THE battleship Queen Elizabeth reached, Plymouth to-day after

Supposing, he added, the price that the vessel was drifting help- of silver rose do two shillings theylessly in heavy weather some 250 two and a half years' commission

thus got 1,000,000,000 ounces of miles to the north of Colon. in the Mediterranean, during which tralia, the subsequent developments iiver the highest possible figure.

The Phemius was carrying & crew- shs hus steamed over 30,000 miles.

She was flying the flag of Admiral mous effect because they were great of the equivalent of £100,000,000 officers and others, and, sixty enor That only would mean an addition of 76, including sixteen British

Sir Ergle Chatfield, who will sue ceed Admiral Bir Frederick Field at the Admiralty as First Sea Lord.

DOCK EXTENSION

BIG PROJECT AT 'SOUTHAMPTON - “

Discoveries of gold in the 19th century in California and Aus-

on the Rand, produced an

in yield in comparison with sup plics in gold in those days. But if £2,500,000,000. That was only be two

in gold to the available supplies of Chinese

The British freighter Ariguana gold to had increase two and a half

per cant., and too small an amount immediately raced to the position times in 30 years, it was clear that

to make any appreciable effect. given by the Premius in her early trace WES no great discovery of gold in the futufe was going to have a similar plies of silver were not going to

Even tho manually growing sup 8.0.8. calls, but no

found. effect upon the amount of gold add to the visible supplies of gold

Liner Still Affost, required for monetary purposes. more than a point or two per cent.

What would" have an effect on

Colon, Later. He did not nee, therefore, how it silver What was the amount of could be argued that the bringingati allost Apparently hor The Blue Funnel liner Phemius! -silver-we-could expect to got 1 The He is also leading by a wide

of silver to help out gold-was-in- proposal was that the central banks the present circumstances of the wireless was put out of action margin in New York State which carries 47 electoral college votes,

should agree to accept a certain world, going to be of any effective ing the later stages of the hurri "thanks to the lieavy Democratic

RUGBY, Nov 8-proportion of silver at fixed halp, overt supposing the nation cane, which swept her for miles majoritica in New York City. THE Duke and Duchess of York, ratio to gold and that the price of could get what he was certain it from the position which she first

President Hoover leads in Ver- who visited Southampton to silver should be the sonrket price could not get, namely an agreement mont with 3 electoral college votos, day to open new civil buildings If it was going to be the market of all the central banks to adopt The Phemius has now restored South Dakota, with 4 Connecticut also made an extensive tour of the price, there would be no great in Home system. He was not very wireless communication and reports with eight, New Hampshire with docks extension and the new gravi durement for those honrda to come hopeful of a birdotalio proposal that she is off the coast of Nioare 4 and Rhode Island with four. ing dock which form a development out of India and China. They helping the world over her present gua. The British ss. Killerig is

now hastening, to her assistanco... difficulties. The groeg total of the electoral vote scheme costing over £10,000,000. (Continued on next column.).

(BRITISH WIRELESA BERVICE)]' =

gave.

dur

NINE STEAMERS

SEIZED

TROOP TRANSPORT FOR WAR ON REDS "

{THROUGH REUTER'S AGENCY.].

SHANGHAI, Nov, D.

ACCORDING to the North China Daily News, the National Gov- ernment has commandeered nine ships in order to transport troops to Amoy to participate in the cam- paign against the Communists.

The ships commandeered, include vessels belonging to the San Pe Company and the China Merchants S.N, Company,

POLITICAL SENSATION IN DUBLIN

WARNING TO LR.A.

THROUGH REUTER'S AGENCY.}

DUBLAN, Nov, D. A SENSATION has been caused in

politien circles by a speech by. Mr. de Valera at the Fianna Fail Convention where he warned the Irish Republican Army, and, pther organisations that anyone found in the possession of fire-urus would he

proceeded against with the full

vigour of the law.

This is regarded as a direct chal- lenge to the Irish Republican Army,

ANTI-IRISH TARIFF

WAR

MR. THOMAS EXPLAINS DUTY INCREASE

[THROUGH REUTER'S AGENCY)

LONDON, Nov. 8. THE House of Commons to-day approved by 230 votes to 38, the increase in the customs duties on Irish Free State farm produce and livestock.

Mr. J. H. Thomas explained that the increase would be imposed as from to-morrow and was due to the fact that the receipts hitherto had showed conclusively that England was unlikely to collect the amount owing.

NO **TREATING

IN R.A.F.

OFFICIAL WARNING THAT RULE IS TO BE OBEYED:

RESULT OF S'HAI CHAMPIONS

SLEEPY MORN WINS BY

HALF A LENGTH, -

(THROUGH REUTER'S ADENCY.)

SHANGHAI, Nov. 1.

SLEEPY MORN W the Shaug- hai Champious from a record field of thirteen.

Result.

Sleepy Morn... (Pote. Hunt) 1 Nuda

(Bootblack) 2 Allegator (T. J. Rotha) 3 Sleepy Morn won by half a length, short head soparsting" second and third.

SWEEPS

First Series. 5441.0

03450

Becond Series.

20938

.53109

Third Series.

0.694

00033

-SHANGHAI NORTH STATION

REBUILDING PLAN SET-BACK

THROUGH REUTER'S AGENCY.Į

SHANGHAL, Nov, D. THE China Press state that n stumbling block in the plans to rebuild the North Station-destroy ed in the recent. Sino-Japanese bos- tilities-is threatened by a request by the China-British Corporation, who are creditors of the Shanghai- Nanking Railway, to the Ministry of Railways for payment of out- standing debts totalling $12,000,000

The Ministry of Railways intend- ed to duvote $10,000,000 to the com- struction of the new station, the site of which had already boen chosen at Chenju.

JAPAN-MANCHUKUO AIR SERVICE

Tokyo, Nav. 3-A regular mail and passenger air service between / Japan and Manchuria via Korca, was inaugurated today. The ser vice will enable à person to travel from Tokyo to Changchun, the capital of Manchukuo, in one-and- half days. The new airway ex. of officers in the R.A.F.-many of tende cast to Lungchingtsun and

north to Tsitsihar. whom are entirely dependent on their pay-are kept as low as pos- sible.

Stringent measures are being taken, to ensure that the mess bills

King's Regulations decree that no ed at in all three services. officer may "trené" a brother officer of the same unit to a drink in their

Instructions have now been issued

meas.

to all units of the R.A.F. that it must be rigidly enforced. Disci- This regulation is usually wink-plinary action is to be taken in the

(Continued on next column.) event of it being broken.

Don't Wait Until The Cold Weather Comes.

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