1934-12-01 — Page 8

NEW

A

ADVERTISEMENTS

NOTICE.

Submarine Telephone Cable is being laid in the Cable Raserve between Blake Pier and Star Ferry Wharf, Kowloon, on Wednes- day, the 5th December, at 9 a.m. Masters are requested to steer clear of cable laying craft.

[3039

W R. LOXLEY & CO..

NOTICE OF TRANSFER · OF

BUSINESS

TO

*

W..R. LOXLEY & CO., (CHINA) LIMITED.

NOTICE is harchy given that

K LOXLEY & CO. (hereinafter calloj “the Firm ") have us from th 1st day of December, 1934, transferred the whole of the assets and liabilities of the merchant business carried by them at Victoria, Hong Kong and Shamevn, Caaten to W. R. LOXLEY & CO. (CHINA) LIMITED (hereinafter called "the Company).

On and after the 1st day of Decem- ber, 1981, the Company will carry on the merchant business of the Firm at York Building, Victor a, Hong Kong and at Shamieen, Canton and will assume all the outstanding liabilities of the Firm

Dater the 30th day of November,

1934.

HASTINGS & CO. Solicitors for the Company, Gloucester Building, Hong NGHE.

HONG KON

[3036

HORTICUL TURAL SOCIETY

NOTICE is hereby given that the Annual Meeting of the above Society will be held at the Board Room of Messrs. Jardine, Matheson &Co., Ltd., (by kind permission on Thursday, the 6th December, 1934, at 5.15 p.m.

J. T.. BAGRAM,

Hon, Secretary. Hong Kong, 24th November, 1934..

[3031

BIRTHS

SAXER-On November 25, 1934, at the Paulun Hospital, Shanghai, to Mr. and Mrs. J. Saxer a son. Horst.

·GOSLIN—On November 25, 1934, at the. Country Hospital. Shang- hal, to Mr. and Mrs. W. F. Goslin, a son, John.

Editorial and Business Office:

Ice House Street. Tel. 30231 Night Editor (Waachai Office)

Tel. 24511. London Office: 63, Fleet »Street

E.C. &

The Baily Press.

Hoyu Rosa, Drekmuɛd 1. 1034.

A VALUABLE LESSON

The turn of the tide in affairs in Ice House Street is as welcome as a shower of rain in a drought Stricken country. The bears, who for so long have held sway, to the great detriment of the whole com- munity, bave at last proved their inability "to keep the market de pressed at a point out of all proportion with real values. For some time this state of affairs was tolerated and so long us there was a "depression" In the Colony appeared as though nothing could be done. The alarming aspect of the recent "bear" manipulation was the fact that not only were prices at a low figure, but that i kept going lower from day to day. The rises registered this week were the first substantial movements in the opposite direction that the Colony had noticed for many months. For this happy state of affairs many reasons are forthcom-

HONG

KONG DAILY PRESS SATURDAY, DECEMBER 1, 1934.

REFORM OF GERMAN BANKING

*

Steps To Safeguard Investors

(Special to the Hong Koor Dans Press" (Copyright)3

Berlin, Nov. 29. After 15 months of diligent re- search, the unremitting delibera- tion committee of bankers under the chairmanship of Dr. Schacht who was entrusted with the task of drawing up proposals for the re- form of the German banking sys-

to

not to be achieved as so often ad- vocated by non-technical people, through the nationalisation of the banks because the driving force of inherent private enterprise of in- dividual initatiye was considered Indispensable for the eficient economic system.

The State only proposes rn institute for the superviston by an

of dubious

character.

LONDON NOTES

By The Air Mail

(From Our Own Correspondent)

Club, New York's

London, Nov, 12. month, is to be celebrated in an Lord Desart (pronounced Des- appropriate manner to-morrow sert) was a brilliant Irishman with | evening. un unexampled fund of anecdotes. The Lotos These never lost their vintage equivalent of the Garrick, is hold- ing a dinner for members of the quality even in his extreme old age.

company and enthusiastic Savo- As a younger son he married a | yards.-

the fourth Lord daughter of Harewood on what was considered In the 'seventies an insuficient Income.

One of his stories was of a Victorian great lady, a near rela-

tion to his wife. She called shortly after, their marriage with good advice.

"I expect you haven't many if I were you I shouldn't use your servants, my dear," she said, "so

silver plate. Gold plate is so much less trouble to clean."

Lord Desart's old age was cloud- ed by two things. One was the death of Lady Desart in 1927. The other the burning

of Desart Castle.

tem in harmony with the nationist-expert body consisting primarily socialist principles, handed over to of experienced bankers led by the Hitler their final report on Thurs-Reichsbank, In future, only those day at midday. Despite the ab-

authorised by the State may strusely technical' nature of this engage in the banking business document, the proposals of the and they will have to publish bankers' committee were supremely frequent, perhaps monthly," state- Important in the welfare of every ments, this being enough to put an individual saver and investor. be-effectual check on speculation and

use. for the first time in history, business the banking State proposes. take steps to safeguard the "small assisted by the State secretaries The bankers committee will be man's money from loss through. trom each ministry affected The speculation or unwise application essential feature of the scheme is money entrusted with the banks. so as to make in the shape of credit granted to to encourage all private bankers, . Honour for Scott and Black The essential assumption made by banker the Statue is that the sum total of

and customer

The Royal Aeronautical Society resources held by the citizens of desirable so that the small shop and Mr. T. Campbell Black, the sonal and more intimate. This is announced that Mr. C. W. A. Scott the third Reich is the source from keeper and little business man will winners of the England-Australia which means to Anance the na- get better service in the dispensa air race. have been awarded the tion's economical lite came. Hende tion of credit than the case hither-British Silver Medal for Aeronau- it must be utilised in the Interests tofore.-

tics by the society. of the nation as a whole... This was

ין

GEN. LIU HSIANG |

INTERVIEWED

ing and while some appeal more to Outlines Conditions

common sense and intelligence. than others we shall not pausë here

to examine them. The lessson, however, which the turn of events teaches is this: that there are some amongst us who have the means at their command to put a spoke

the wheels of the bear-drawn charlet. Better than that, they

have demonstrated clearly- that to "bear" the market when it is

In Szechuan

com-

contact between

more per-

Transveran Bus Min.

BY-ELECTION FAILURE

Accusation Of Terrorism

It will mark the 50th anniversary of a similar celebration held by the club in November, 1884, in honour of the D'Oyly Carte Com- pany, which visited New York in Arthur that year. Sir William Gilbert, Sir

Sullivan D'Oyly Carte were then the princl- And Richard

pal guests.

At to-morrow's anniversary the same menu is being served.

In The Clubs

Recently many clubs of distinctly conservative social character have

added women's annexes. But such White's typical male clubs as Boodle's, Brooks's, and Buck's havé hitherto seemed secure against this particular; advance of. feml- nism.

I now hear that Buck's Club is shortly to open a ladies' room, in/ which members will be able to entertain guests to lunch or dinner. ton-street, however, will still keep. A special entrance in Old Burling-

the rest of Buck's magnificently male.

The British Gold and Silver Medals for Aeronautics were

At the same time I see that the founded in 1933, after a request

Alexandra from Lord Amulree, when Secre- women's club in London—is cele- Club the oldest tary of State for Air. that the brating the first anniversary of suciety should give some award for foregoing its former exclusiveness. outstanding achievement in avia-For fifty years it admitted no men tion leading to advancement in aeronautical science. The award- ing of medals is considered by a permanent committee consisting of six members of the Royal Aeronautical Society, the chairman of the Royal Aero Club, and the chairman of the Air League of the British Empire.

(Special to the "Hong Kong Dalli Press" (Copyright).1

Shanghai, Nov. 30. Interviewed after his quiet ar rival this morning in the pany of Mr. Ho Chen Chun, Hupeh Pacification Director, General Llu Hsiang, Rehabilitation Commits already in its lowest state of ebbsioner of Szechuan, who is here for is a matter which borders on the

the purpose of a medical examina- impossible. When the shares of

tion and to visit the 1932 battle sound public companies are being feld, stated that definite plans for suppression in Szechuan General Chiang Kai Shek. have been already agreed with Pre- paration are under way for a gen- eral offensive

will launched after his return.

Regarding Szechuan Dinance, General Liu said that it was ordinarily adequate, but the Red cusing the National Government of Washington a year ago. campaign has resulted in de-war mongering and restarting a

quoted at sacrifice rates, it will not be long before some enterprising

spirit will pick up the gauntlet and HONG KONG ART CLUB, go whole-heartedly into the fray. Is is too early to say whether the

ANNUAL EXHIBITION Gloucester Building, 4th Floor December 5th, 6th & 7th

10th a.m. to 7 p.m. KEEP ONE OF THESE DATES

OPEN!

THE HONG KONG JOCKEY CLUB,

present rise is due to a concerted "bull" movement, or whether, as appears more natural, It is due to the fact that having gone down as far as it can go, local shares have turned the corner of the present

bandit

which

be

within its doors. Last year, with some trepidation, it removed the ban, which, I believe, it was alone of women's clubs in preserving.

Son of Famous Mother

NEWS SUMMARY

Found "Guilty" of being absent without leave, R. W. Orchard, 45, commissioned engineer of HMS. Grimsby was dismissed his ship.

Pare 6.

Week-end football notes will be found on

Page 10,

An unsuccessful appeal "for a reduction of a fine of $500 previous- ly meted out to Chan Lam Fong, manager of the Kwong Man Loong Firecracker Factory, was made be- fore Mr. Wynne-Jones by Mr. M. K. Page 8.

The chances of the various can- didates in their respective races are reviewed on

Pare 1.

In an interview with our special correspondent in Macao, Lieut Cruz, the Portuguese aviator who flew from Lisbon to Timor and then to Macao, advances the advantages ot Dilly's position as an airport on the Europe-Australia route.

Page 3.

St. Andrew's Ball was held last right at the Feninsula Hotel, It was, as usual, a brilliant success...

Page 7.

DUTCH POLICE FOR

"THE SAAR

(Special to the "Hong Kong Daily Press")

(By. Telegraph, Copyright, Tels": graphic Message: Ordinance, 1804. Received, November 30, 5.30 pm)

The Hague, Nov. 30. cers will be Holland's contribution About 30 men and several ofi-

to the international police force in the Saar, according to statements made in political circles here where it is understood the Dutch Government has no objection to the recruitment for the Saar Po- lice in Holland, being in fact pie- pared to render all possible B.STM sistance. It is further stated that Folland will supply about 350 of the 850 supervisors, required for. the polling stations during the period o!, the plebiscite.

London, Nov. 30.

Sir Alan Anderson, chairman of

Neither party is pleased over the

Anderson, Green and Co., who has announced that the Duke of Glou- Putney by-election. Though the

Rival Financial Experts cester will launch the new Orlent Labourites reduced the Conserva-

ilner Orion at Barrow-in-Furness tive majority compared to 1929 by *Sir Frederick Leith-Ross-like

On December 7, by telephone from These temporary officials will nearly six thousand votes they con- Dr. Schacht, his opposite num- fidently predicted a victory. "Now ber" in the German debt negotia-sonality in shipping, finance, and

Erisbane, is a distinguished per- have to spend three days in the Saar territory, their return fares they say

their candidate was tlons-has founded his reputation weighed down by membership of on his skilful handling of Europe's labour of love

commerce. But be inds it A and living expenses as well as the to be honorary fee for their services being paid the Socialist League, whose leader, tangled post-war financial pro- treasurer of the London School of by the League of Nations. Cripps, terrifies the country with blems. forecasts of Anancial crisis when

Medicine for Women, and of the On the Dutch Government In- Since he was appointed British

Elizabeth Garrett Anderson Hospi-viting candidates to send in their Socialists regain power. The most representative on the Finance tal. The famous pioneer woman

names, so many" applications were notable feature of the election is Board of the Reparations Commis doctor was Sir Alan's mother.

received that the lists hal to be the frenzy wherewith peace wassion in 1920, he has played

Her daughter, Dr. Louisa Garrett prematurely closed- made of a political issue despite major part in all the important Anderson. organised the first

Transocean Kuo Miñ. Mr. Lansbury's repudiation thereof international financial discussions. hospital managed by women at the at the armaments debate in Par- The circumstances of American front in the European War. Llament on November 28,

politics robbed Sir Frederick of any chance of success on his last Broadsheets distributed are ac-

Debt mission, when he went to

This time he is to be congratu-

more blood out of the

44

Gyroscope Inventor

depression, and, that the dawn of cits. He had conferred with Dr.race in, armaments. Meanwhile thelated on having squeezed rather | Cargill Professor in Glasgow Uni-

** Things

metai.

League of Nations Union is con- ducting a nationwide peace ballot, ostensibly designed to give Govern- ment a strong lead in promoting disarmament and

German

thought possible. stone than most observers had

50 Years After.

better times was ushered in during H H. Kung over remedial measures the last week of November. It is and the Finance Ministry is send significant that simultaneous with ing personnel to Szechuan to co- the firming up of the share market, operate in straightening out finan-

elal matters. The rumoured 70

Unlike Dr. Schacht, who, as I reports reach us of a healthier tone 000,000 provincial loan was denied.cffensive against an

international noted the other day, is something in the property market.

The recent shipment of 10,000,000 nation. Evidences of Germany re-advisor dines austerely according must improve" the optimists have

aggressor of an epicure. Britain's economic said all along, and if other places province's shortage of the white men's gloomy forebodings that war taels of silver decessitated the arming with continental states- can wriggle out of the grip of the

to his doctor's orders.. depression, Hong Rong. despite the

1! is imminent undoubtedly impressed assumed indiference of a few. In reference to reconstructive the public and deepened demand THE TWELFTH EXTRA must ultimately fght its way outwork, he declared that although that Great Britain mast keep out of EACE MEETING will be held It must be the prayer of many that many plans had been formed, the continental squabbles at all costs. (Weather Permitting), at HAPPY the bears are ousted once and for

preoccupation prevented Insistence by some Conservatives VALLEY

Immediate execution of the most that this is possible only if our de- оп "SATURDAY, 1st all and that depression or no DECEMBER, 1934, commencing arj-depression, the share market is important profees including the fences are impregnable gives the 2.00 p.m.

parged of this scourge which has

"Chengtu-Chungking ratiway ex-Socialists, the opportunity as at " added so heavily to Hong Kong's Pansion, agar production, and salt Putney.

Dining Industries were receiving -Beuter. first consideration after the con -clusion of the Red campaign. -

The First Bell will be Rung at 1.30 p.m.

By Order,

C. B. BROWN,

Secretary, Hong Kong, 48th November, 1994.

[3030

Cuticura

POWDER

Cooling Refreshing

Fragrant la refreshing balsamices- sential oils comprise the medics tion of Cuticura Tàléum. Instantly upon touching the skin these cils start their soothing and cooling work and your' skip is protected against irritation.

Cutienra Talon is truly beneficial to the skin-especially recommended for babies.

Sample each Soap, Qismeni and Talcum on receipt of 23 class Address:. Bhaller & Phipm

Seld. Throughout the World

ills

our

We asked in a former-article- why there was no one in midst with suficient confidence in the future of the Colony to pick up all the crifices that are being made in the share and property markets. Apparently we have not asked' ta 'vain for there have since appeared a re-action in both. We trust that this is the beginning of the end of the stump and that thei community will not allow itself to

present

General Lia will be returning to Nanking in three or four days... Chine United Press.

ANIMALS FOSSILS AND .POTTERY

Coming to Capital Shortly

TYPHOON WARNINGS

The following telegram was re- ceived by the American Consulate yesterday from Manila, despatched at 3.45 p.m.

Typhoon in about 120 degrees

The death has been announced of Professor James Gordon Gray,

versity, one of the most brilliant workers in applied physics tn Great Britain.

Invented the

Professor Gray Syroscope for aerial and marine

revealed later owing to the appli- purposes which was in use during the war. His discovery was only

cation of the Official Becrets Act.

The American Government bene- fited from his work, and Lindbergh used his inductor compass on his Atlantic flight.

•

The phenomenal success in New York of the D'Oyly Carte Opera Company, whose season started

The navigation apparatus he early in September and has now invented included stabilisers, arti- been extended to the end of this ficial horizons, and cloud levellers.

LOCAL AND GENERAL

One case of Diphtheria, one of) Enteric Fever and one of Ceream Spinai Ferer were reported for the 24 hours ended November 29.

At the

hall of the

Chinese General Chamber of Commerce last evening, Mr. Ma Man Fai, manager of the Bincere Co., who is shortly leaving the Colony to take Mr. and Mrs. A. R. Cox are re-

a Government position in Nanking turning to Hong Kong by the Em- as Councillor of the Ministry of Press of Canada, Mr. Cox is con-Industry, was the guest of honour

the members of the Chamber. Company.

be overshadowed by any nonicbecial to the "Hong Kong Daily Long. E. and 13 degrees Lat, N. Dected with the Hong Kong Electric at a pleasant, tea-party, given by

Kistent gloom. A brighter outlook,

a spirit of enterprise, a niki

moving N.W

Pres" (Copyright).] courage and enthusiasm not only Over

Typhoon in about 142-degrees Nanking, Nov. 30. helps the individual, but it can mainly animal fossils and ancient Cirection, unknown.

200 cases constituting Long. I and 7 degrees Lat. N also be a great stimulating factor dottery utensils unearthed in The Hong Kong Observatory re

in the circles in which we move, Kihlen and Kihsien, North Honan, port dat 5.30 p.m. yesterday: At 2 11 therefore behoves us all to set by the expedition under the ausp.m. the typhoon was 50 milles to. our minds towards better times pures of the Institute of History the west of Manila, moving N.W. and to keep before is the lesson of Philology of Academica Sinica, Another typhoon appears to be of Ice House Street.

are arriving in the Capital stort developing to the south-east of Yap ly for expert study.--.

(Western Carolines); Chine United Press.

SIK ROBERT PERKS PASSES AWAY.

-Fammer Liberal M.P.

London, Nov. 30.

LUNGHWA AERODROME

EXTENSION

Prem" (Compright.)】:

11

already working to clear the area.

Mrs. James Ralston will open a Bazaar and Fete in aid of Dr. Barnardo's Homes at the Central British School to-day at 2.30 p.m.

local jockey is expected to return Mr. L. G. Frost of Jardine, Matheson & Co., Ltd., the popular to the Colony by the Antenor on Saturday next, December 8. He is accompanied by Mrs. Frost.

Mr. and Mrs. David Drummond were passengers on the RMS.

FRENCH PRESS AND SECRET FEUDS

(Special to Hong Kong.

Daily Press").

(Sy Telegraph, Copyright, Tele graphic agen Ordinance, PA. Beceived, November 30, 4:30 p.m.)

Paris, Nov. 30.

commissioned to prepare a repet As on aftermath to the Stavleky scandal, deputy Boully has been

on the French Press and fends.

Bouly, so it is reported. has meanwhile completed this re- port in which he suggests the en- actment of the Press law, the con--" trol of financial means at the dis- posal of the papers, penalties for bogus news or erroneous news spread on purpose, the control of economic and financial publica- tions and a bad on subsidies for ta-paper-unless these subsides äre properly vouched for by docu- ments: The secret feuds were severely criticised in Deputy Boul- 1y's report-

ransocean Iso Kin

RECTOR WITHDRAWS HIS RESIGNATION

Special to "Hong Kong,

Dally: Press")" (Bp Telegraph, Copyright, graphic Meriages Ordinance. Received, November 30. 4.30 p.m.)

Tele- 1894

We are asked to state that a few tickets for the stalls and circle are still available for the last night of

Prague, Nov. 30. the A.D.C. performance of "Fresh Following the announcement of Fleds" on Saturday,, December his resignation on Wednesday the The booking for Thursday the 6th rector of the German University,

Wednesday the 5th and Friday the declared that in view of the num is filling up quickly. Accommoda-at the further meeting of the tion is still readily avaliable on th. Will those intending to be

Academical Senate on Thursday,

present please book early at Messrs. which reached him from all Ger- erous expressions of confidence,

Anderson's.

man groups In Czechoslovakia he had reconsidered his decision arid would remain in office. The Senate received Cals declaration with en- thusiastic applange.

Brussels, Nov. 30 A narrow majority, which was

of 1300 mow. Besides an appro-Empress of Asia which sailed yes-only tendered possible through the priation from State Lottery funds, terday for Canada, Mr. Drummond abstention of five deputies and the The Rector further stated that the City Government te anancing

The Wath occurred this törning (Special to the Hong Kong Dally

is the Oriental Manager of the of Str-Robert Perks, aged 85,

the profect costing $1,000,000. Canadian Pacific Railway Company prominent engineer and at one!

Shanghai, Nov. 30."

When completed

March, in Hong Kong and he is proceed time a Liberal Heriber The existing Lunghwa aerodrome will be the largest and most ing to the Company's Eeadquarters will be expanded for commercial modern airfield in the Far East. at Montreal on business. He is ex- use. Hundreds "?ot? labourers, are China United: Pram-5

pected to be away for three months.

Paritzunge

Brútih "Wireless.

!!

absence of six others, was secured by Theunis Government in Parlia met on Thursday when 93 deputies voted for the motion of condence with 83 against. — Transocean Xtio Min

Premier Maripete, had assured him that the Czech Government wou'd procure, worthy substitutes University mal atates for the