1932-12-29 — Page 9

ויר.

REGULATED GOLD EXCHANGE BASIS

SOUTH AFRICA'S' NEW

MONETARY STATUS

(ṬEROUGH KEUTER'S AGENCY, }

PRETORIA, Dee. 28.

1 is oficial that & Africa is now

on a regulated gold-exchange.

gold having been withdrawn.

basis, the interual circalation of

SEVERE BLOW. TO SPECULATORS

(INNOVOM, REUTER'S AGENCY.]

HOSTILITY TO MR. DE VALERA

HONG KONG DAILY PRESS, THURSDAY, DECEMBER 29, 1932.

PROGRESS IN INDIA FENG REFUSES TO

PROBLEMS

SENTR. VINCENT SUGGESTS | SUCCESS AT ROUND TABLE FORMATION OF NEW PARTY

(THROVON REUTER'S AGENCY.]

DUBLIN, Dec. 29,

SENATOR VINCENT is sending

letters to the principal news- papers tomorrow, declaring his hostility against Mr. de Valera, adding that the time hoa come when a new party should be form ed aubracing all non-republican elements and pointing out that Cosgravites have astounding achievements to their credit but are no longer capable of being a IT is generally accepted here that living entity while the Farmers the Government of South Africa Party have life and virility and has abandoned the gold standard. are likely to win from 20 to 30 The Government's netion in reliey-soats at the next election. ing the reserve bank of the respon- A really untional party ought to sibility of redeeming notes in gold be forined dissipating the old class is taken as sufficient reason for such and religious differences, generat belief.

CAPETOWN, Dec. 27.

CONFERENCE

(BRITISH WIRELESS SERVICE. ] ·

Ruasy Des. 97:

THE newspapers record

with

salisfaction the evidence of

LEAVE KALGAN

HIS FUTURE MOVEMENTS WORRY MILITARISTS

(THROUGH REUTER'S AGENCY)

- PRIPING, - Deo, -23.

WITH reference to the report that the northern military progress in the Indian problem leaders who are gathered here for contained in, the speeches at the on session of the Third Round

A conference discussing the North China political situation, have de- Table Conference Eve, and the prospect held forth

on Christians cided to ask Gen. Feng Yu Hsiang to either leave for abroad or accept by the Lord Chancellor, Lord n Government post and move else Sankey, that the next stage in the

where, it is reliably learned that as General Feng has indicated his prografame, namely the submission of the Reintention not to leave Kalgan owing to the pressure which is being brought upon him..

Government's

forms Bill to the consideration of liament may be reached in the a joint Select Committee of Par-

Spring;

Press Comment,

In A lending, article headed **Success at the Round Tabla,” the

PEACE LOOMING IN CHINESE COMPANY NANKING MUNICIPAL

SZECHUEN

GEN. LIU WEN HUI ASKS

FOR ARMISTICE

(THROUGH BEDTER'S AGENCY]

NANKING, Dec. 27.

AFTER three-month fighting in

LAW

NANKING ISSUES NEW REGULATION

[THROUGH REUTER'S AGENCY.]

NANKING, Dec. 98.

THE Ministry of Industry has lost and as a result of which a quiring all companies and limited which thousands of lives were issued a notification to-day re large part of the province has been liability conporations established plunged into chaos, peace appears according to Chinese Company Law to be looming now in Szechnen as to register before the end of June General Liu Wen Hui, Chairman next year. of the Provincial Government, after losing the decisive battle. at Kiating and Shenju, has sent a despatch to General Liu Hsiang. asking for an armistice and in dicating his desire to retire

!

Battle of Elatig.

CHINA'S AMBASSADOR

TO RUSSIA

(THROUGH, KTSTER'S AGENCY.)

NANCING, Dec. M..

W. W. Yen as Chinese Ambassador ́

TAXES

MANY FOREIGN FIRMS REFUSE TO PAY

{THROUGH, REUTER'S AGENCY.)

NANKING, Dec. 38,

WITH reference to the action

cipal Government in requesting all taken by the Nanking Muni-

foreign merchants in the capital to pay all legitimate municipal taxes, Mr. Lai Lien, Secretary General of the Municipal Government disclos ed in an interview to-day that a number of foreign firms refused to pay the Business as well as Rental Taxes, which Lad long been en-. forced among the Chinese residents. The Municipal Authorities have, „therefore requested the foreign Consuls in Nanking to request their respective nationals to full their obligations.

The Government action is taken ing a spirit of optimism. He will Times, after complimenting Sit Komintang and therefore he is ablemate that at the battle of Kiating present Minister to Washington, volved were put into effect accord-

as a blow at the speculators who that Mr. Cosgrave and Mr. coalesce giving a real lead to the MacDermott, the farmers' leader,

have been purchasing heavily and hoarding against rising prices.

The Gape Times, leading news- paper, supports the view that the gold standard has been dropped,

Official Statement.

PRETORIA, Dez. 27,"

An official statement was issued by the Treasury under the Finan

elal Emergency Regulations of 1001, which relieves the Reserve Bank of all responsibility of re- deeming notes in gold. Exchange quotations must be made by the banks on this basis.

An official communication states

that in consequence of the political situation and the uncertainty created thereby, there has been an abnormally heavy purchase on the exchange and withdrawals of gold

coin for hoardings.

These acts are likely to continue on-an abnormal scale with the re sult that credit and banking, which are sound now, will be greatly en- dangered.

It is represented by the Govern ment that in order to avoid a crisis it is essential that immediate steps be taken to protect the country's gold and exchange resources.

The Government, in the circum- stances agree to relieve the Reserve Bank from the obligation under the

deem notes: in gold,

country.

FOGGY XMAS IN LONDON

KING ADDRESSES HIS PEO

PLE FROM SANDRINGHAM

FARITISH WIRELESS SERVICE)

Ruoay, Dec. 87.

THE early promise of fine weather

Samuel Hoare and the whole body of delegates on the achievement, anys:--" Faced with a number of complex and highly controversial questions, they have discussed them in a large spirit of compromise and have already reached under- standings of immense importance to the Government.

It is true that on many points, such as the size of the Federal Chambers and the allocation of seats, where there is room for honest differences, the British In- dian and Indian States delegates have been unanimous. "But what matters is that on most important for the Christmas holidays has sure of agreement has been reached questions a sufficiantly large mea. not been wholly fulfilled. Christ- nas Day, Boxing Day and to-day to enable the Government to frame which is an extra Bank Holiday, to Parliament, with a real under- legislative proposals for submission have been foggy and cold in standing of what will be acceptable" festivities was taken by the broadbeen husinesslike, conciliatory and A unique place in the holiday to the great body of Indian public cast Empire programme and the realistic and done ranch for the mesange persopally addressed to the peoples of the British Common Prestige of Indian political leader. wealth by the King from Sandalup in British eyes. ringham..

London.

technical achievement.

M

opinion."

The Conference had

The Great Diffenities.

:

Press telegrams from all partsRegarding the character of the indicate that His Majesty's voice great difficulties with which the world with exception of New Zescontinues: There has been no was heard clearly all over the Conference had to deal, the Times! lard and one parts of India. question of merely, resolving the Currency and Banking Act to re-Press pays a tribute to the great and Indian interesta. Its business, Commenting on the broadcast, the supposed antagonism of British

Bullion to Replace Sovereigns,

from the beginning, has heen to CAPETOWN, Dec, 27. Says the Times, "The youngest plan & Constitution which should' Up to now there has been no and friendliest of the sciences strike a balance, not only between official announcement of the Gov. xested all its resources and en-

the claims of Britain and of India, ernment's policy, but a communi-alled the King to do what no King hut also between those of British or Emperor has ever done before trdia and of the Indian States, que from the Finance Minister, Mr. Havenga, is expected to-night and the Dominions over which he with their traditions and their. which will positively declare the rules to make themselves vocal in a treaty rights, between the interests manner unparalleled. Broadcast of the literate "elasses of the towns Government intends to adhere to the gold standard, but under the g is, when the right speaker and the massor of the countryside, Emergency Act of 1931, and to take onks at the right season as the between the claims of rival com

King did on Christmas Day, an munities, the majority in this Pro- steps to further restrict money instrament potent for the good of vince and the minorities in thre, leaving the country for, speculative

all mankind. - purposes.

between the higher and the humbler The Government may even pre-

Prince George: Convalescent, on'stes." vent the export of sovereigns. Ited from joining the Royal Party

Prince George, who was prevent- Object of British Folicy. is positively stated at Pretoriant Sandringham by a chill, and regard this move' na 'n departure. from the gold standard and will replace sovereigns by bullion.

BARTER OF CATTLE

AND

OIL

:

It is stated that General Feng has made it clear that at present, he will continue his stay in Kalgan, | declaring that he is a Chinese citizen and also a member of the Central Excutive Committee of the tions.

to live where he pleases....

The question of General Feng Yu Haiang's future, it would ap pear, is the chief topic of discus sion among many militarists now gathered here. It is to be noted that three suggestions have been made (1) That the Government provide Feng with funds to go abroad, (2) That the Government invite him to go to Nanking to take up a ministerial post and (3) That the Government designate a place where Feng must live.

SILVER MARKET.

LONDON PRICES

(7:ɔm Our Own Correspondent.}

LONDON, Des, £8. CLOSING

SILVER FRICES 11 LONDON 10-DAY WERE:--

SPOT FORWARD

Dec. 24. Dec. 29.- 18.9/16 16. ...16....

16.9/16

DOMESTIC FREE TRADE

IN RICE AND OTHER

GRAINS

Hopes are being entertained that An amicable settlement will be The Executive Yuan meeting this reached between the warring fue morning decided to appoint Dr. The vernacular papers here cati- to Soviet Russia. Dr. Yen is at which lasted fully ten days and but is in Geneva as one of China's which resulted in a decisive victory delegates to the League. He con- for General Liu Hsiang, over ten ducted the final negotiations with thousand officers and troops were

M. Litinov at Geneva, which led killed. The papers anticipate to the formal resumption of diplo peace conference among the Szemation relations with Soviet Rus- chnen warlords which will discusasia.

The Executive Yuan this morn and decide on the new distribution

ing also discussed the question of of garrison areas.

One report states that General the reorganisation of the Chakiang Liu Wen Hui, after relinguishing Provincial Government. his Szechuen chairmanship, may become head of the now province NATIONAL PEOPLE'S

of Sikong.

Kwelchow Situation..........

&

Chinese reports received here also indicate that the Kweichow situa- tion has also taken a turn for the | better owing to the National Gov- ernment announcing the appoint- ment of Yu Kuo Taai Acting Chair man of the Kusicbow Provincial Government and dismissal of the ousted governor, General Wang Kis Lich. Fighting in that province has completely ceased.

The Government is hopeful that peace will shortly be restored both Szechuen and Kweichow.

to

THE CIVIL WAR IN SZECHUAN

(Continued from Page 1).

ing and bombing as I never wish to think of again, let alone ex- perience.

CONGRESS

TO BE HELD IN MARCH, 1935

NANKING, Dec. 29. With reference to the proposed convocation of a National People's Congrows (Kuo-Min-Ta-Hui) to adopts. Permanent Constitution for the country, the Secretariat of the 3rd Plenary Session of the CEC. announced last night that, according to the resolution adopted at the Bession, the proposed, Con- gress is to be convened in March of the 24th Year of the Republic (1935), instead of the 22nd year of the Republic (1933) as had been previously reported. The mistake is due apparently to an error in transcription on the part of the secretarial staffKuo Min.

GIRL

The Municipal Government off- cial emphasised that the taxes in- ing to law and paid by the Chinese residents, there being no discrimi nation whatsoever.

MR. WANG WANTS

· LONGER LEAVE

OWING TO BAD STATE OF HIS HEALTH

(THROUGH REUTER'S AGENCY.)

NANKING, Dec., 27...

Mr. Wang Ching Wai, President of the Executive Yuan, who is on leave, has telegraphed the Nation al Government from Germany that the Central Authorities prolong his leave of three, months which was granted to him at the time of bis departure for Europe.

that his health is still bad, which Mr. Wong blends in his message does not permit his return to China. in the near future.

Mr. Wang caused, a sensation in the political circles two months ago when he suddenly resigned from the Presidency of the Executive Yuan and issued circular tele gram denouncing General Chang Haush Liang for his failure to re sist the Japanese invasion. After repeated persuasion, he agreed to stay in his post, but requested a leave of absence for three months Subsequently, he left for Europe owing to failing health.

SINCERE'S DOLL'S. HOUSE-

tions call for genuine admiration. PERFECT GIFT FOR A SMALL is sturdily built and will last for Constracted in wood and stone it

many years. It is a perfect dolls

A delightful Dolls Houses being stands two stories high and has

house for a child or unique orna mant for any room. The model..

Sincere Company, Ltd. It is the furnished and fitted with electric displayed on the 2nd floor of the four

rooms, each beautifully work of a local man and has been light and modern equipment, It his hobby for the past two years will be sold for any reasonable and the intricate interior decora few days only, i

that the Government does not who listened to the King's broad-Government's view that the confer- grains are provided by an import-fighting was fiercest wher, the The workmanship is truly excellent offer and will be displayed for

BETWEEN RUSSIA 'AND' CANADA

TAROOGH BEUTER'S AGENT.}

cast in his own

night to be convalescent.

The Daily Telegraph says the

House, was officially stated last the object of British policy, which room at York ment of self-government on India is must be honestly pursued under such safeguards as provide against serious disaster, for the betterment of the country irrespective of party.

FILM STORAGE CASE KOWLOON PROSECUTION

FAILS,

At Kowloon Magistracy rester. day, the manager of the Ming Sur Film Exchange was summoned for keeping n film business without supplying the Hon. I.G.P. with. a OTTAWA, Dec. 8.

statement of his address and other PROPOSALS for a huge barter details. Mr. M. A. da Silva ap

of cattle and oil between peared for the defence, Canada and Russia is being formu, Mr. J. C. Fitzhenry, superinten- lated and will be presented for the dent of the Fire Brigade, said that consideration of the Government on

on December 21 he visited the the return of Premier R. B Bon- ground floor of No. 517, Nathan nett this week, according to reports Road, where defendat "carried on which are not confirmed officially. business as a film exchange agency, One report states that a Win. In the front cubiclo he found nine nipeg company has. tentatively reels of cinematograph film and a arranged for the exchange of film-winding apparatas, and in a G87,000,000 worth of cattle and rear cubicle, he found another rea! hides for the equivalent amount of film. of oil and petrol to be delivered in Canada at prices, no greater than those of imports from present sources of supply, "de

-BA

The premises were old Chinese type of tenement houses with wooden staircases, and in view of the fire danger, no permit would be The Federal Minister of Agricul granted to the defendant for stor ture has admitted that the Governing the films there. ment has been considering the pro- posals for some weeks and said to ho believed something of definite valus was likely to emanate from the negotiations. He pointed out that this barter would not inter fere in any way with the importa.... tion of Empire producte..

OBITUARY

PETTY OFFICER IN R.

·STIBLING, RN,

Mr. Fitzhenry said that -the- amount of film found on tho pre- mises, was lost than 20 reels, he could not summon the defendant on another charge, but had to b satisfied with the present one.

Cross-examined by Mr. Silva, witness admitted that the film was contained in regulation metal boxes, and that defendant's business was that of a distributing agent.

Good Faith.

The News-Chronicle says the Conference placed the good faith reasonable doubt, and adds that the of the British Government beyond next step lies with the Indians themselves. "We hope they will respond without delay to Lord Sankey's urgent appeal.”

+

A Jarring Note,

"The roofs of our places, church, and guest-hall, were awful places, as Tieh Chioh Hang, and P'i Fang Kai was the contesting point of the Customs coastal duties on which runs out of Pi Fang Kai

Nanking, December 22.-Abolition (Tich Chioh Hang is the lane

abolition by the vario Provincial increased in fierceness, and on rice and other grains and the past our buildings and lawn) It Governments of interdicts against Wednesday night was just racking the exportation of rice and other In the morning we found that the ant proposal adopted yesterday at 29th had taken this place and Plenary Session of the 4th C.E.C. coming 29th and the recoming 24th, the 4th general meeting of the 3rd between the departing 24th and the The proposal is designed primarily your house was ransacked. The to secure the free and untrammeled bombs and bullets had broken transportation of rice and wheat glass, etc, and so everything was throughout the country in order to open. relieve the shortage of foodstuffs, en the one hand, and to enhance on the other, the market price for the rice-growers. The following is a summary of the proposal

The National Government shall issue a circular order to the various provinces instructing them Firstly, to abolish all restric tions against the transportation of rice aid wheat in order thus to insure the free and untrammeled inter-provincial as well as inter helen (district) transportation thereof.

The Morning Poit, which apolo- gises for introducing a jarring note, into the Christmas carol sung with such good-will by Sir Samuel Hoare and the other delegates, is "Secondly, to abolish immediate critical of the usefulness of the ly all surtaxes or other levies on conclusions reached, in the abá rice and to abstain from impos sence of Congress representatives,ing in future any such levies or and finds the proposed safeguards "'hollow mockery of the realities of power."

HSIN FUH TAI DISASTER

ONLY SEVENTEEN OF

· CREW RESCUED

[TÀROUGH REVIER'S AGENCY.]

taxes of any puture, whatsoever. 2-It is to be noted that accord ing to the existing tariff, rice and other grains are subject to the Customs coastal duty when trans ported from one port to another. Exemption from this duty should be granted in order to facilitate the free transportation of all such food. stuffs throughout the country

3.Where, owing to a shortage of foodstuffs, the necessity arises for

The real fighting finished. about 2 pm, on Thursday, but soldiers were in until about 4 p.m

Stoical Children.

The 29th are at present, hold- ing the place outside, on Tick Chioh Hang and P'i Fang Kai; the 20th are higher up, nearer the Post Office, and the 24th at the Ho. Tai Uin corner. (This is about 50 yards from our front gate). The front places have been naroofed,, and everything available taken bedding, equipment, etc., for the theological students). Every place was open, and no one person, or oven two, could hinder, for the fierceness of the attack was beyond words,

"Mrs. Bong was wonderful with all the children, who gave ne trou- ble at all. They just did what they were told, and did not fuss smid all the rack and noise. Our trouble How is what may further come, un- less negotiations are successful; and also from the street people, for We are sq defenceless, apart from our great spiritum Strength "

the prohibition of the exportation GEN. MA'S DRAMATIC

thereof; the Provincial Authorities concerned must submit the matter SHANGHAI, Dec. 28 to the Central Political Council for ONLY seventeen of the crew of decision and authorization. Under Chinese steamer Hein Fub Tai, any tax or levy be imposed under fifty-two belonging to the no circumstances bowaver should

which ran aground on the rocks the pretext of restricting exporta

(e., from one province to an other).-Kuo Min.

· Mr. Silvą submitted that the busi-outside Ningpo' two days ago and ness done by his client did not bring Bank, are believed to be alive. him under the present charge.

The survivors all Chinese were The funeral, took place yesterday the Fire Department his Worship not far from Ningpo.

While expressing sympathy with rescued by the steamer Tungshin at the Navy Corner of Happy Valley of Petty Officer Norman agreed with Mr. Silva and accord- Robert Stirling RN of H.Msingly discharged defendant.

Veteran who passed away-at-the- Naval Hospital on Tuesday, after.

a short attack of pneumonia, 24.

The deceased was only 3 years

of "aga.

VARSITY FAREWELL DR. ESIU LEAVES FOR SHANGHAL

Juli naval honours were, accord. gad, nearly all the deceased's ship: A farewell ten-party was given amates-boing-present-andre-lising in honour of Dr. B. 1 Festa, narty was supplied by the 8th amistant to the Professor of Sur Destroyer Flotilla The corteze gery Prof. K. H Digby, by the was headed by the band of HM.S: medical students of the Hong Kong Suffolk.

The Rev. T. Powell. Union Church Minister officiated at the graveside

NEW CAPITAL OF WESTERN CHINA

STAN

those who loks were Dr LTC.P.C. GIVES HONOUR TO Ride, Dr D E. Samy Dr. T. Y. Li, and Mr. K. C. Lam. Oving to. sickness. Dr. K. H. Digby was unable to be present,

Dr. Hsiu comes from Yunnan, and in 1923 joined the University with Chimes Government Scholarship. On graduation; he joined the University staff, and later was appointed adstant to

University yesterday afternoon Prof. Digby

Prof. W. Gerrard presided over a large gathering Among Vontinued of feat of seat Column

Dr. Hilu, in loaying the Colony foc, Shanghai, wher the Lester Research Institute.

Join

{THROUGH REUTER'S AGENCY,]

REAPPEARANCE

ADMITS IDENTITY IN SOVIET CAMP.

(THROUGH REUTER'S AGENCY]

Moscow, Dec, 28. GENERAL Mo Chan Shan has ro

appeared dramatically at Tomsk, according to report from that point

Soviet officers were inspecting tale premises where the interned méin- bera of the army of General Su Ping Wen were detained when one of the men declared he was General Ma and that he had concealed his Nankino, Dec. 23. HE CHC to day decided to General Su Ping Wen's army had

identity when, first examined after !

make Sian Ching's western fled into Boviet territory. capital. The municipality placed under the direct

to be. This men, who at first examina- trol of tion produced documente bearing sppropriation $30,000 has been punished for deceiving the the Executive Tuan and a monthly the name of Ms Hen Fan, has,

granted for mean

authorities, by being isolated from the remainder of those interned.

of

In the mornings dress and

hoeakfast in COMFORT.

All day in the home have COMFORT.

the evenings dine, play

bridge or read in COMFORT.

up the bedroom and

retire at night in COMFORT.

By using GAS FIRES or

Annual Rental

Fixing Charge

RADIATORS

HONG KONG & CHINA GAS CO., LTD.