1932-12-12 — Page 9

HONG

PROBLEMS OF DISARMAMENT

BRITISH DEBT TO AMERICA

CRITICISM OF US. BANKING SYSTEM

KONG DAILY PRESS, MONDAY, DECEMBER 12, 1932.

SINO JAPANESE DISPUTE

ATTEMPT TO WRECK INDIA ROUND TABLE

'ZARIA'' OFFICE

CONFERENCE

ALL QUIET IN JEHOL

CLEARER LEADERSHIP.

FEARS OF CLASH DISSIPATED

COMMUNIST PLOT NIPPED IN THE BUD

DIFFICULT SUBJECTS" DEALT WITH

GERMANY TO RETURN TO CONFERENCE

(THROUGH NEUTER'S' AGENCY.]

GENEVA, Dec. 11. THE declaration signed by repre- sentatives of the five Powers,' which secures Germany's return to the Disarmament Conference states: The British,French-and-Italian Governments declared that one of the principles which will guide the Conference will be to grant to Ger- many by other Powers (who are to disarm by treaty) equality of rights, the methods of application of which will be discussed by the Conference, The British, French, Italian and German Governments join in the soleman re-affirmation that all European States will not resort to force. The Governments of the United States and the other four Powers are resolved to co- porate in the Conference to seek a substantial reduction and imita

tion of armaments.

FUTURE OF U.S. BATTLESHIPS?

PROPOSAL THEY ALL BE DECOMMISSIONED

THEOCON REUTER'S AUKNUT.]

WASHINGTON, Dec, 11. A BILI proposing that all battle-

ships in the US Navy should he decommissioned was introduc ed to the Committee of Repre sentatives by Mr. James Melintic

who is a believer in fast cruisers. Mr. Carl Vinson, Chairman of the House Naval Affairs Com mittee, promised its consideration.

PAYMENT DEFERRED",

FINAL PERFORMANCE AT STAR THEATRE

BEHIND THE SCENES AFTER

THE LAST ACT

Before a capacity house the Amateur Dramatic Club gave their Payment final performance of

on Saturday evening at Deferred the Star Theatre, Kowloon,

Many of the large audienen were

TO BE PAID IN GOLD

(THROUGH REUTER'A AGENCY.}

LONDON, Deo 10.

THE Chancellor of the Exchequer,

COMPTROLLER OF CUR- RENCY SPEAKS OUT

[THROUGH REUTER'S AGENCY]:

WASHINGTON, Dec. I. SEVER criticism of the American Mr. Neville Chamberlain, just | banking system was made by the returned from Paris, was in con. U.S. Comptroller of Currency in aultation yesterday with Acting his Annual Report in which he Premier Stanley Baldwin and points out that in the first ten other Ministers regarding the war inonths of the year, 1,190 banks, debta question which was discussed with deposits of 004 million dollars, He declares in the light of the American reply suspended payment. to the British Note and of the that continued improvement in Anglo-French Ministerial conversa business and support by credit agencies of the Government will tions in Paris.

not in themselves correct "the defects in the banking, structure

Final decision as to the terms of the communication to be addressed, to the United States Government will be recorded at a formal meet- ing of the Cabinet, probably on Monday or Tuesday of next week.

AMERICAN CITIZEN

AND WAR DEBTS

Prime Minister, Mr. Ramsay Mac- Donald, and Foreign Secretary, Sir John Simon, may retura, from Geneva to attend the Cabinet sos- SIR A. SALTER'S ADDRESS

TO PEACE COUNCIL

BIOR.

A factor in the situation to which the British Government at- utmost importance is tach the the maintenance of the Lausanne agreements. In the situation creat ed by the refusal of the American Government to postpone the Decem- her payments, consultation with the French Ministers, was an essentia step to this end.

Ready Appreciation..

It is understood that the French Ministers showed a ready apprecia- tion of the British desire to pre serve the Lausanne settlement in

taot

Although the final Cabinet deci- sign has yet to be taken, it is generally assumed here that the payment to the United States will be made by Britain next week and that that payment wil be made in gold.

Also it is believed, the payment will be accompanied by a definite proposal regarding the early ex- amination of the whole debt ques- tion in the light of the present circumstances.

Kont to America at once, '

Reply to France,

(BRITIBE WIRALKES SERVICE.},

RUGBY, Dec. 10.

DEMANDED

[THROUGH RAUTER'S AGENCY.)

LONDON, Dec 10, Sir John Simon's wise and mode rate counsel has provailed before the delegates at the sessions of the Assembly of the League of Nations, declares the Daily Mail to-day in

loading article

(TOROUGH BEUTER'S ACUENCY.)

NANKING, Deo, 11. FEANS of a Sino-Japanices clash in Jehol appear to have dis- sipated, as the Jehol Chairman has wired to the Government re porting that all is quiet on his

bordern.

While the Committee of Nineteen is preparing a report, the paper goes on to say, there is ample time MR. KO LEONG HOE for tempers to cool and the whole difficult question may solve itself.

TO RETIRE

Lord Cecil, however, is still an- xious. The situation, be declares is still menacing,

"

Lord Cecil domanded a clearer leadership from Great Britain in the Manchuria issue when he spoke before the National Peace Council Conference assembled to-day, He said he would like to hear that the Assembly of the League of Natiour had entirely and without reserve adopted the Lytton Roport.

MANAGING DIRECTOR OF THE HO HONG BANK”

The many friends and associates of Mr. Ko Leong Hoo will learn with great disappointment that, for health reasons, he has been obliged to resign his post of Managing Director of the Hong Kong and "We should not allow ourselves Shanghai Branches of the Ho Hong to be moved by unmannerly lan- Bank, Ltd. It is with much regret SIR Arthur Salter, addressing the gunge or threats of either of the that we announce the severance of National Pence Council Con- two parties most vitally concerned," his long connection with this in- "I trust the British Govern-stitution, which he had, in no ference, yesterday, put the point of

ment will recommend quite definite small measure, helped to build up. view of the American citizen on

Before coming to Hong Kong, he war debts, but urged that the en-ly not only what the Assembly had Tightened self-interest of the United better not do, but what it had bet-served the institution in Malaya, State, demanded cancellation or ter," he added. reduction. European creditors of reparations at Lausanne had com- muted Germany's remaining liabi lity for a final fixed capital sum and had provided that this should be discharged in a way which would never involve an annual payment by Germany of more than about one-tenth of what was required by the Young Plan of three years ago. That was not altruism but enlight ened solt interest. He was Bure that if America acted similarly it would also prove intensely to the advantage of the whole world and of herself.

Assembly Busy.

GENEVA, Dec. 10. The League Assembly pursues its examination of the Manchurian problem.

and was mainly responsible for the establishment of the branches in Hong Kong and Shanghai, the ac- tivities of which he had so ably directed since their opening......

(THROUGH. BEUTKR'S AGENCY.}

SHANGHAI, Deo. 11.

THROUGH REUTER'S AGENCE,

LONDON, Dec, 11.

AN attempt by Chinese Com-THE Indian Round Table Confer

munists here to wreck the

ence experienced a more disi- offices of the "Zaria" a local cult werk in dealing with the con- White Russinn, swspaper, was traversial subjects of Refence and nipped in the bad last night ag a finance. result of smart" work on the part. Indiau vions on the former sub of the French police authorities, jeet concentrate largely on mili who were forewarned of the plot. tary expenditure, Indianisation Considerable commotion was and the appointment of a popular- caused by the incident, na thely elected defence minister.

Sir Samuel Hoare, outlining the demonstratore, armed with bricks

nud. other missiles, including bags Government's views, sympathetic of sand, stormed the promises of ally dealt with expenditure, and the Zaris and attempted to destroy Indianisation, while, giving the the printing presses. Police bare opinion that it would be impos down on the crowd and soon had sible to fix a figure, in the one case. or to determine a precise date for the situation under control,

complete Indianisation in the other, and with regard to the appoint mont of the defence minister he is of the opinion that it would be im- possible to letter the Viceroy's dis- cretion in the choice of his advisera. since all were agreed that he he solely responsible for defence A

Fourteen arrests were made, the prisoners being charged with croating Communist disturbances, Detectives and plain-clothes men helped to frustrate the attempt. of the mob at violence.

No damage was done to the property of the newspaper.

SAVAGE WOUNDING AT VICTORIA GAOL

The discussion on finance turned mainly on the problem of provid- ing funds for the central provin eial governments for which extra taxation is likely, for Indian States do not intend to join the

Federation anles both unite of the

centre are completely solvent, and it appears that seven from nine of PRISONER MAY LOSE BOTH the British Indian provinces are at

present in defisit.

ARMS

The story of a savage attack by one prisoner on another at Victoria Gaol, was told at the Central Magis-

Grantham... tracy, on Saturday, before Mr.

Well Abreast of Programme." ****[DRITIBH" WIRELESE SERVICE").

Bouar, Deo, 10. There was no meeting of the

yesterday or to-day, but arrangé- Indian Round Table Conference ments are provisionally mado for sitting early next week, probably Tuesday, to take up one of three main heads of subjects still to be

A Popular Chiaf. He was much liked, and was held At the resumption of its proceed-in great esteem by the members of ings this afternoons resolution the staff, to whom he had always was submitted by M. Hymans to given his most sympathetic cox- the League Assembly, which reads sideration, and for whose welfare It appears that Tse Kau, the as follows:

he had always shown deepest con accused, who was charged with The Assembly requests that s cern. To what extent the members malicious cutting and wounded, was

The Conference is keeping well special committee be established, of the staff have appreciated his on bad terms with the injured considered. firstly to study the Lytton Report kindnesses to them individually, and man. The victim, Tam Tak, was and the observations, opinions and what he had done for them collec-employed as a painter and the ne-abreast of the programme mapped

tha Astively, can be gauged from the cused as a tinsmith.

out in advance and business will suggestions expressed in

Last Wednesday afternoon, it is probably be completed by Docem sembly, secondly to draw up pro- following address which the Shang- posals with a view to settling the hai staff presented to him On alleged that The Kau want to the bar 20. Sino-Japanese dispate, and thirdly November 3, 1939. We understand paint shop where Tam Tak was at Pence

to submit these proposals to the that a similar address will be pre-work, Assembly as early as possible.. sented to him by the Hong Kong

M. Avenol was elected by 43 staff on his return to this port. votes to 42 to succeed Sir Eric Drummond as Secretary-General of the Lengue.

But if people in Britain would It is generally understood that look at the situation coolly and the British Government has decid-sympathetically they should at least ed to pay America on December 15 understand, though they might re- in gold, which has probably been gret America's reluctance. earmarked for this purpose.

and economic progress depended in It is not expected that it will be every sphere upon co-operation be- tween America and Europe, and that in turn depended upon public Lemper and psychology of the peoples of the two continents,

War" debts Was one, but AS jects the possibility of suspension President Hoover has pointed out of the next instalment of the war only one of many pressing prob. debt and reiterates President Holema. Others were now focussed on over's views as to the possibility of preparations. for the World Econ subsequent adjustment by the omie Conference. There they should offering to America of compensa aim at firstly, a world policy of tary economic benefits.

controlled deflation; secondly, they must restore and reform the world's

PARIS, Dec. 10. The American note to France re-

The Chamber of the Foreign

The Assembly suspended ita meet- ingen die this afternoon. It is believed that the Committee of Nineteen will meet on Monday.

paying their second visit to the fine Affairs Commission yesterday voted credit avstem. This meant dealing Hong Kong

production, notwithstanding the fact that the play as written by Jeffrey Dell has had an amount of local criticism levelled at it, and to these and the assembly generally Mrs. Grossman and her clever band of players offered excellent enter- tainment.

Actually, the play went better on Saturday evening than it has done throughout the entire season; most. of the players having grown into their parts through repetition, the company showed that they had made a marked improvement.

in favour of paying the December with existing indebtedness, encour instalment of the we 'ebts to the United States, subi moning of a conf the whole problem or

aging new lending and securing the sum that in future it is better directod so review than in the past. Thirdly, they > debts.

must reduce trade barriers.

A Fresh Study Urged. '{REUTER'S AMERICAN SERVICE]

New York, Dec. 10. The board of Managers of thi York Exchange yesterday passed a resolutioned urging a fresh study of the war debt problem "as so economic. rather than a political question."They also urgo no dras tic action should be taken in respect of any nation so that trade with America should be restricted.

Desire for Debate. (BRITISH WIRELESS SERVICELJ

RUOBY, Dec 10.

ed

DIOCESAN GIRLS SCHOOL

ANNUAL BAZAAR AND ENTERTAINMENT

A large number of people attend

and actively supported the annual Batair given by the Dioce san Girls' Schoul, which was held on Saturday afternoon.

The girls themselves choose the

It has been stated recently that "Payment Deferred" is a play with a doleful sordid theme, never- theless, genuine regret was falt by audience and players alike-whon- the curtain fall for the last time on Saturday. Deserving of the most honours in connection with the A desire for a debate on the local charities to which the pro- presenting of this drama aro Mrs. qüestion of paymest of the instal-coeds of this event are given, after Grossman, who produced the play, ment of the American- debt, due a certain proportion has been re and Margaret Birt and John next Thursday, is being displayed served for a school object, the ero Roberts who played the leading among a section of members of the Lion of a covered way from the

chool to the playground. roles, and it was a pleasure to see House of Commons. that they were not forgotten at the final curtain when wonderful boquets of flowers and other gifta were handed to thein over the foot lights. The other members of the cast were also the receipients of like gifts.A.

No decision is likely to be taken on this matter until Monday.

While the Government are under stood to recognise that a debate before the Christmas recess is desir- able, they would prefer.it should take place after payment has been made next Thursday,

Lady Pollock, wife of the Hon. Bir Henry Pollock, K.; declared the Bazaar open, after congratulat- ing the teachers and scholars, on the excellence of the arrangements and of the goods, offered for sale.

Lady Pollock, who was met at the school gate by the Vicar of St. Andrew's (the Rev. W. W. Rogers) and the Houdmistress, Miss H, D Sawyer, inspected the guard of honour provided by the 2nd Kow- loon Company of Girl Guides, com prised of D.G.S. scholars, and Was presented with a decorated basket,

To-Day

FINE

TO

"KO LEONG HOE, ESQUIRE,'

GREETINGS.

We, the undersigned, the Manage- ment and Staff of The Ho Hong Bank, Limited, Shanghai, take great pleasure in presenting to you, on your resignation, as Managing Director of Hong Kong and Shang hai Branches; this address, in token of our respect for and high esteem

of you

By your resignation, the Bank has lost a mosteapable and valuable Offcar, for it has been through your untiring efforts that these two Branches, of which you have the distinction of being the Managing Director right from their inception, have made remarkable progress and the prestige which the Bank has enjoyed, bears eloquent testimony to your executive ability and, wiss supervision and direction:

YESTERDAY'S WEATHER REPORT, .FORECAST AND REMARKS, İNSTE BY THE ROYAL OBSERVATORY AT 5.59 During your tenure of office, you

P.M. STATED -

THE ANTI-CYCLONE BEMAINS OVER SOUTH JAPAN, ANOTHER MAY ́DE FORMING OVER NI CRIMA. FRESH MONBOON WILL PREVAIL

„ALONG__TRE CHINA COAST AND OVER THE NORTHERN CHINA SEA.

·LOCAL FORECAST:-N.E; WINDS, YRESH, FINE

CHARITY BAZAAR

LARGE CROWDS, AT ROMAN CATHOLIC CATHEDRAL

RESULT OF MOTOR CAN

DRAW

A Pleasing Ceremony,

It is understood that the Labour As the audience streamed from Party, while not opposing payment, the theatre they did not realize prefer the Commons should have an that a very pleasing little ceremony opportunity of expressing its views was being enacted on the stage be before payment is made and the hind the curtain. The cast, how will be further conversations on this ever, had gathered, bere to show subject on Monday. how much they appreciated the It is generally expected the Note The stalls reflected great credit work put in by their producer in to be sent to America by the British on those responsible both for ar making" Payment Deferred "auch Government will be of a character rangements and merchandise "nual fair of the Society St. Vin- a definite success, and in a happy which is unlikely to necessitate a and a number of side shows and speech Mr. Marble," now, further reply from the United guessing, competitions also proved totally different character, asked States, and it may be unnecessary very popular. Mrs. Grossman to accept a hand some silver, salver, fascribed with the names of the players, as token of their regard and esteem.

have shown the utmost considera tion, and courtesy to us and have evinced keen interest in our welare. Always approachable and kind, you have endeared yourself to all who have had the privilege and pleasure of being your subordinates.

It is therefore with profound, re- gret that we received the news of your resignation for we have not only lost a good superior but also a kind-friend. We fervently hope, however, that the leisure which you have so deservedly earned, will en able you to regain your health and vigour hud that health and happi ness will be in store for you for many more years to come.

Shanghai, November 23, 1032.

THIEVES SEARCH FOR ROYAL TREASURE

AT RICHMOND PALACE TONS OF EARTH REMOVED

In resolving to a committee method of dealing with questions now under immediate examination, the Conference was guided by the fact that they are mainly questions, not of principle but of adjust ment

The Federal Finance Committee:

The men are stated to have had a short quarrel, following which Tse Knu produced an axe, which he in presumed to have obtained from the carpenter's shop. With this weapon, he struck at his victim."

It is alleged that The Kau made and Anglo Indian Education Com fepeated attempte to hit Tam Takmittee have arranged for a further meeting on Monday, but so far no over the head but there was a table date has been fixed for the first between them, and Tam managed to meeting of Financial Safeguarda dodge his assailant to some extent. Committes. He received, however, severo in- juries to his forearms, and on re movel to the Hospital subsequently, "it was found the bones had been. fractured and the muscles severed.

Tso Kau Wes overpowered by warders and European prisoners who were in the workshop at the time and placed under arreste

Inspector John Murphy, who pro secuted, put in a certificate from the medical officer indicating that the victim would not be fit for ap- pearance in Court for at least two months.

It was possible the man would lose one or both his arms. The prisoner who is serving five year term of penal servitude, was remanded for B werk.

JOHN MAYHEW ACQUITTED

ON CHARGE OF ALLEGED ARSON

【THROUGH REUTER'S AGENCY.);

LONDON, Dec. 10:

JOHN de Perigault Mayhew, 25,

Bon of Col. J. D. Mayhew, M.P., and son-in-law of Viscount Falkland, charged with attempting to set fire to his father's Term in Sussex, was acquitted at the Lewes Assizes after giving evidence that he was examining with matches a cravice where it would be easy to start a fire when guards found him apparently setting a blaze

Hemphatically, denied that ke was concerned with the recurring untbreaks

door in the wail which we thought was unknown to anybody but our selves, but they made their way to- wards the underground tunnel by removing more than a ton of earth. "At the end of the night's work they must have been very disap- pointed, for they came up against an old brick wall more than thres Mr. Justice Hawke mumming up, feet thick. Nothing less than agreed with counsel that the case charge of dynamite could make a was most remarkable both in things hole in this Wall.

proved, and things unproved.

We-have since kept a close watch | " on the premises night and day, and have had the help of the police..

Of courer, any treasure that might be found is not our own pro- perty it would belong to the Crown."

This afternoon I was takor the palace, and shown the part the upstairs wall which who know the secret, cam

only on the touch of t casily opened. Entrance and pressure against that Iar part of the wall

He bore out his father's earlier evidence that they were on the yery best of terms

NEW COMMERCIAL

TREATY

SOVIET READY TO DISCUSS PLANS

THROUGH REUTER 4,"AGINOY. -

BOVIE? Great

LONDON, D We descended a spiral staircase

overnment Note to

tempted to raid the Royal treasure us lay the fresh mound of earth British proposal to comm

Richmond. - Thieves have atto a depth of about 1516, and before which, according to legend, lies in which the intruders had removed negotiations for a new commercial an underground tuncel below Hich afterworking with pick and treaty between the two countries.

Deputies W mond Green,

has been received.

Office from the

There were large crowds yesterday afternoon at the Roman Catholic Cathedral compound where the an- cent de Paul was held. Those who usual a charity bazaars, but the went there found many attractions to call a special meeting of the A feature of the programme was outstanding feature was the large Haffies, lotteries, dices, dart, Cabinet at which the Government's the two performances by the St.number of toys exhibited.

Andrew's Church. Young People's formal decision to make payment of Service of the dramatised version pony racing and all sorts of com- the December instalment in gold in

petitions were organised the so-

Beyond the wall lay the funnel of Alice in Wonderland. to be recorded.

The announcement, was made ciety finding many willing helpers It was a midnight enterprice, and during the afternoon that the at all counters. The Dairy Fam to carry out their plan those com which was bricked up in the school's annual gymnastic display Company exhibited a stall which cerned entered the historie fich past and where, it

proved very popular expecially amond Palace, a Royal demesne VIL, who rebuilt the would be given on Friday and weight guessing competition for which compares with the Tower of to stors so many of ble personal comandered the Note of the Beer Saturday, December 16, and 17, at which the prize was goose

London the romance of its origin | valuables. Beca 3 p.m. on both days

The bazaar opened at 3.30 p.m. associations. This beautiful, -and-cloood-just-inforo midnight... The shiegto the intruder waits fronton

the car was drawn by Revenue to find bullion, jewellery and anti-picos of The motor, car draw, for which ques, to which tradition ascribedly occupie tickets had beso sold all over the the fantastic value of £2,000,000 days of

The tune Colony, took place at 11 p.m. and,The discovery of the attempt to Oficer Pearce with ticket No. 1984, got at the treasure was made by the

asholder's represents Other members which drewpon present

Union, who said gene did tho

Later the producer, the cast, and The usual weekly meeting of the the various helpers at Payment Deferred ant down to a late, or Cabinet takes place on Wednesday rather supper in a room ad- joining the stage

COPPER CONFERENCE BREAKS DOWN

At this pleasant function. Mr. "Cyrif Champkin, President of Tha

Acanteur, Dramatic Club tu speech made happy reference to Mrs. : Grossman's production being one likely to equal any the A.D.U. has connected itself with.

This happy supper party-thus ended & production of a play that will live long in the memories of the producer the players, and pay ticularly their Hong Kong audien-

DEA.

NO AGREEMENT TO CUT PRODUCTION

[THEOUGH REUTER'A AOINOY. 1

NEW YORK, Dec. 10.

broken down without any agree ment being reached to curtail pro- duction.

The export price of copper broke to five cents a pound and leading is understood here in well-it copper shared declined, everywhere, solation pirres were ná follows formed quarters that the Inter recently owing to the

ction and national Copper Conference has (Continued af foot of net Golumn)", man

pendedf

2810, 3204, 2256, 679,2250

Not We learn that the total proceeds into the Palace discover the are approximately #21,000.

has been the

dør. in Londen

which states that

"Affairs of Octobe