1934-08-27 — Page 9

AMERICAN SILVER

POLICY

!:,","

Acting To Detriment

Of China

HONG KONG DAILY PRESS, MONDAY, AUGUST 27, 1934.

BRITAIN

AND JAPAN

SECRET TREATY

Strenuous Denial Of London Reports

London, Aug. 25. dollar devaluation by the United Since Congress passed the Silver States Treasury Secretary, Mr. Purchase Act in May, the United Henry Morgenthau. the United Btates Government, besides nation-States" will be able to hold the allsing domestic supplies, is dollar at the present level. making large purchases abroad with the effect of forcing up the price of silver and further crippl- ing China's capacity to sell pro- ducts abroad, states the "Times" in a leading article on the drain of silver from China.

is a general opinion in There London that the weakness is due to A strong Continental bear position in sterling aided by tourist expenditure and coupled with the fact that British banks have been exporting funds to Paris where

Mr. Sinclair Lewis, the famous author, whose wife, Dorothy Thompson has been ordered to leave Germany

As the interest of the United short-term rates are more favour- GERMAN BAN ON

States, silver is of minor im- | ablè,

ing the future of the dollar, which is at present firm owing to gold exports from New York. -

portance as compared with China's" Continental selling is believed interest. It seems reasonable that to be mainly due to fears regard- the Chinese Government should have an ingential voice in the measures designed to raise the price of silver:

The

that jourrial continues economic dislocation carried to the point of driving China off the silver standard, or inflicting. upon her violent deflation, would be a

grave misfortune not only for China, but also for the ex- porters of the Industrial West, the journal adds." Reuter.

INDIVIDUAL POLICIES

Paris, Aug. 25.

Estimates of the amount spent yesterday by the exchange Equali- sation Fund to support sterling between £1,000,000 and yary

£3,000,000, the best informed Agure at quarters placing the £1,500,000.—»

Heuter.

JOURNALIST

Dorothy Thompson

Ordered To Go

לם

Berlin, Aug. 26.

London, Aug. 26.

hag

The information avaliable · in An absolute denial was given in London is that no negotiations of London, reporta circulated in Japan tween

any kind for an approachment be- the two countries have and Paris during the past week been opened. that &n understanding been reached between Britain and between purely business objects of There is no connection whatever Japan affecting their relations in the Federation of British Indus the Far East or possibly have a tries trade mission and recogni- bearing upon naval strengths, de-tion of Manchukuo. The policy of clares the diplomatic correspond the Goverment in this respect re- ent of the "Observer." ||

mains unaltered.-Reuter.

HEA

WAVE IN SHANGHAI

Second Hottest Day

Of Year

The American Journalist Doro-

Shanghai, Aug. 25. the Thompson, wife of the novelist

Shanghailanders were to-day Sinclair Lewis, who has been stapleft gasping as the result of the ing here for the past week, has second hottest day of the year. been ordered by the Secret Police The temperature of 104 degrees of gold In London to leave Germany within twenty tell only 0.4 short of the record

four hours on grounds of her "numerous anti-German public-

SHARP RISE IN GOLD

London, Aug. 24.

ין

The price rose sharply to-day by 74 sto 139/3d per fine ounce and is now only ninepence below the record A fresh decline in sterling and the relative Armness of the Ameri-high price touched on February can dollar indicate that Londor. 5, following President Roosevelt's and Washington are each pursuing announcement of the dollar de- their individual inonetary policy valuation plan. as opposed to parallelism.

To-day's price included 1 The continued fall in sterling premium calculated at 2/3d over means that the depreciating the dollar and 74 over the French forces, especially the fight of franc. capital from Great Britain, are

The rise in price stimulated stil working. Certain pessimism interest in South African mining exists not only in regard to ster- shares on the stock market, and ling, but also because it is doubted prices strengthened— whether, despite the denial of | British Wireless.

STATUE OF THE KING

Token Of Indian Loyalty

London, Aug. 20.

A statue representing His Majesty the King wearing Coronation robes which he wore at Delhi, in 1911 is

to be erected at New Delhi by the ruling princes and chiefs of India as a mark of their loyalty and at- tachment. The sculptor is Mr. C.8. Jagger, artist, of the Royal Artillery Memorial

at" Hyde Park corner.

BEATINGS AND TORTURE

Allegations Ry Soviet

Moscow, Aug. 28.

on July 12.

No rellef is in sight as the ations in the American Press giccawel Observatory which for reasons of national self-fine and hot weather for the next forecasts respect makes it impossible to

few days. grant her further hospitality in Germany."

For over 60 consecutive days the American Journalists are urgingver 97 degrees...

shade temperature here has been the Ambassador to take action in Reuter. the matter. Reuter,

VIENNA REVOLT * ENQUIRY

Liberated Man's Suicide

SILVER MARKET

(From Our Own Correspondent, i

London, August 25. London Silver prices to-day were down 1/16d, as follow:---

August 24 August 25 Spot

21-9/16 21-1/2 Forward 21-9/16, 21-1/2 London on New York cross rate. at clastog to-day was 5:06-11/16 [Special to the "Hong Kong Dally compared with 508-7/8 at closing

Press" (Copyright.)

yesterday...

Vienna, Aug; 24. Police investigations into the part played by certain Radical leaders in the July putsch stäl continue. The ex-Land League The Japanese and Manchuria deputy, Dewaty, who was subjected police, authorities are continuing to a prolonged "cross-examination to arrest employees of the Chinese then is still kept in custody. Eastern Railway and Dovlet citiz- Similarly, the political writer and ens without justification' accord- Journalist, Karl ing to messages from states the Tess Agency. Nine more arrests have been made at various

stations.

to

Pogrzbacz, ex- Harbin, secretary

of the parliamentary club of the Land League, was cross-examined for several hours

kberated. and then

After re- turning to his home, he committed suicide by taking veronal, the ex- planation given being that Po-· grzbacz felt himself abandoned by the ex-Vice Chancellor engin- eer, Winkler, who is now living in Czechoslovakia.

It is alleged that the men have The total height of the pedestal been subjected to brutal beatings and statue will be 53 feet 3 inches and torture ein order mak from the ground level and the them "confess" crimes which were figure of the King will be 18 feet 9 never committed. inches high. Mr. Jagger is now. Beuter. *working on half and full size models which will be sent out to New Delhi where actual carving in stone

Will be done by Indian craftsmen-nies British Wireless.

EXPEDITION TO MOUNTAINS

Woman's Record Climb

(Special to "Hong Kong Dally Press)

(By Telegraph, Copyright, Tela graphic Messages | Ordinance, 1998.

Received, August 26, 7.30 p.m.)

Berlin, Aug. 20..

World records in feminine moun- tain climbing were established in Cashmere according to reports. from. Lahore.

AMERICA CUP TRIALS

CHIMNEY SWEEPS IN POLAND

Insist On Their Rights

JOURNALISTS OUTWITTED

Schuschnigg Leads A Merry Chase

(Special to "Hong Kong 'Daily Press").

(By Telegraph, Copyright, Thie graphic Messages Ordinance.

1801. Baceited," August 26. 4-30 a.m.)

Rome, August 25. The elusive Austrian Chancellor, Schuschnigg. arrived fleetingly on Italian soil on Saturday after a merry

leading the journalists chase round the Riviera during the last forty eight hours.

Motoring towards Brenner Pass, the new Austrian leader stopped long to visit his birthplace, the village Riva on Lago di Guarda. where he was given a triumphal tour in company with the leading Fascists.

Speeding further north in the late afternoon the stateman's swift auto threw further dust

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OLYMPIA RADIO | THE WAITER AND

EXHIBITION

Enormous Business Turnover

London, Aug. 25.

The Radio Industries Exhibition

at Olympia closes to-night after

THE ADMIRAL

A Navy Week Surprise

(Special Air-mail Service).

"I'm

· Portsmouth, August 11, aure

I served with hing into the eyes of the pursuing an exceptionally successful display during the warl" Journalists who fruitlessly trail and it is estimated that business

Tre exclamation was uttered by ed the vacationing Chancellor from resulting had two days before its the chief waiter at a Bloomsbury Nice through Turkin, Milan and close totalled" £21,826,000.

|| hotel; indicating to his wife, at the The total business done by the same time a naval officer who was- Brescia in the previous night.

Radio Industry for the whole of passing them to-day in Porta last year was £22568,000 and the mouth. Dockyard. success at Radio Olympia Indicates the industry's turnover for this year will reach -£30,000,000.

SEEKING A LOANS

Paris, Aug. 24. The mystery regarding Schus chnigg's whereabouts and doings ended on Friday forenoon when he So keen is public interest in left Nice by rail for Ventimiglia radio that a quarter million people Ater crossing the Italian frontier,have visited the show..... Schuschnigy will proceed direct to British Wireless, Vienna by motorcar.

Reports from Vienna and Qe- neva states that the Austrian Gov- ernment is seeking a new loan and add that Schuschnigg intends to (Special to "Hong Kong utilise the occasion, that will arise

Dally Press")

when the Finance" Minister,

graphic Massages

(By Telegraph, Copyright, Tele- Buresch, submits the next finan- Ordinance, 1895-claj statement to the League of Received, August 26, 7-30 p.m.)

Warsaw, Aug. 28. Chimney sweeps came out of their traditional dark corners into the middle of the limelight and the right stovepipes and matters came to a head when ten men of the ancient profession brought a su against the Polish Government

demanded

to

The yard is open to visitors during certain hours in connection with Navy Week, and the Londonag was taking advantages of the op portunity to revive old meories, ** Overhearing the words, the off- cer turned and spoke to the civilian He had been a wardroom steward in the battle-cruiser Prine cess Royal. --. "And the officer whose walk had: been abruptly interrupted by the remark was... Commander-in-Chief Admi. Sir John D. Kelly, who, during the war," was in command of HMS.

Royal as Capt Princess Kelly. Tokyo, Aug. 25. Sir John Kelly has been Com- Mr. Satoh, Japanese. Ambassador mander-in-Chief of the Home to France, and Mr. Salto, Japanese Fleet since 1932. Ambassador to the United States.

JAPANESE DIPLOMATS ON TOUR Inspection In Manchukuo And China

who are now here on furlough are The press states that they will leaving on September 9 for a three see Marshal Chiang Kai-shek and weeks inspection tour in the so- Austrian

ether leaders at Nanking" and Canton.- called Manchukuo and China,

Nations, to draw attention to the fact that the retention of increas- ed strength of the army and gend- armes, just conceded to Austria by the great Powers, will burden the swab Austrian budget to the estimated amount of two hundred million

Since the schillings. Government is unable to raise this sum, internally they will appeal to the Great Powers for anancial co- operation in the task of maintain- ing order in Central Europe.- Transocean, Kua Min."

The Inspector of Public Safy in Styria has ordered more than thirty persons to contribute to wards, the cost or make compen-

Last year a number of sweep- "sations 'for damage arising masters were denied further right through the events of July 25. to ply such a trade as a result of Among those affected sre the the realignment of labour in the manufacturer,* Assmann Leid-province of East Upper Silesia mitz, 256,000 schillings, Dr. Zahl- which was gained from Germany bruckner, director of Alpine Met- under the Versailles Treaty. New York, Aug. 26.

allurgical Company, 104,000 schil- The protest, case has now at last. After a third straight defeat inlings and others, all fines total-been laid before a mixed claims the America Cup trials, the Weeta-ling together 510,000 schillinga- court at Katlowitz-

fransocead Euo, Min.

Weetamoe Dropped

moe has dropped out of the com-Transocean Kuo Min. petition.

T

At present it is not known whe- ther the yacht will be withdrawn by the owner or ruled out by the Selection Committee. Reuter,"

TELEVISION SETS IN GERMANY

#

(Special to. "Hong Kong Daily Press")

graphic Messager Ordinance, 1894. (By Telegraph, Copyright, Tele

Received, August 26, 7.30 p.m.)

Berlin, Aug. 26. The installation of television sets intelephone booths in both Munich

and Berlin is seriously

DAUGHTER FOR JACK DEMPSEY

Former Champion Had Hoped For A Boy

SILVER EXCHANGE IN MONTREAL

To Be Controlled By Stock Exchange

Montreal, Aug. 25.

VIENNA INSURGENTS

ON TRIAL

(Special to "Hong Kong Daily Presa")

(By Telegraph, Copyright, Tele graphic Massager Ordinance. 1891), Received,· August 26, 4.38 4.m.)'

Vienna, August 25.. The military court trying seven insurgents of the July revolt, charged with killing a gendarme by shooting him through the temple, failed to return the death on Baturday since it A charter has been granted for could not be proved which revolu- establishing a Montreal Silver Ex-onary of the band, fred the fatal change, to be controlled by the bullets. All seven participated in Montreal Stock Exchange. It will the surprise attack on the gen- provide only an exchange for darmerie post. Laakirchen near trading in sliver in the North Gmünden in the heart of Tyrol American continent since the which was the strongest anti- suspension of trading in New Dollfuss section in Austria. York earlier this month.

sentence

Two of the defendants were sentenced to life long Imprison. ment with hard labour, and the remainder to terms between twelve and eighteen years.

Iron-nerved Frau Dyhre Nenurth who accompanied the expedition to the mountains to the north of Cashmere" accomplished an aMAZ- ing feat when she clambered over the Queen Mary Peak which is more than 7,500 metres high Other members of the expedition which were comprised of men reached spots (500 more metres nearer heavenwards on surround-would operate simultaneously in hoped for a boy. As it is a girl was Estelle Tayler, the im

the planned telephone-vision he is going to call it either actress. They were divorced second husband was Roger Kahn, booths, allowing each speaker to Hannah, after the mother or Misa Williams had been twice son of Otto Kahn, the American see every movement of the other | Jacqueline, after Jack

previously married, first when she banker. She is now 23, and mar- person at the end of the line. Mrs. Jack Dempsey (the second) was 18 this was ann —and | ried Jack Dempsey la April of laat Transocean Kuo Min.

was Miss Hannah Williams, the again when she was -207 Her year.

(Special Air Mail Service)

London, August 11.. Mrs. Dempsey, wife ..of the contemplated by the German Gov-former heavy-weight champion Reuter. ernment following the signal kuchas given birth to a daughter cess of the latest moving picture (says message from New York),, sending and receiving apparatus as The child weighed 74lbs. Both demonstrated in the present Radio mother and daughter are doing "Cheerful Little Earful of the Transocean Luo Min. Exhibition here:

well

1831 Broadway play "Sweet and A telephone and movie screen It is Jack's first baby. He had Low." --Jack Dempsey's first wife

ing summits.

The expedition is reported as having been highly satisfactory and important scientific data was obtained by the expedition-

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