1935-01-03 — Page 9

TRADE PROSPERITY IN

BRITAIN

Striking Evidence In Statistics

HONG KONG DAILY PRESS, THURSDAY, JANUARY 3, 1935.

THE NEW YEAR HONOURS

Many New Knights Listed

Three new Barons and five new Baronets in addition to new Privy Councillor are included in the New Year Honours list, which also has 27 Knighthoods in the Prime Minister's list besides * 29 other new Knighthoods.

London, January 1. Cotton and heavy industries are Striking evidence of increased expected to benefit from re- trade and financial activity is organisation and other measures contained in the annual return of į taken in 1934. the Bankers Clearing House for Prospects in America are fairly 1934 issued to-day. The grand cheerful. The attitude of Wall Local recipients of honours are total clearing of pills, cheques, † Street recently has been en-Lady Bella, Southorn.-O.RE. (Civil etc, shows an increase over 1933couraging and definite progress has Division); Lleut.-Col. (Dr.) G. D. R. of £3 346,531,000 or 10.4 per cent. been made by industry; moreover, Black, V.D., JP.-O.BE; Military at £35,484,157.000. Town clearing the effects of the dollar devalua-Division, and Mr. J. L. McPherson, increased'

£3,025,637,000, tion and the huge public works MA., J.P.-M.B.E., referred to in metropolitan £102,853,000 and expenditure have not yet been detall on page 7. country clearing £218,041,000. In fully felt, the third quarter of the year town clearing declined by £71,985,000,

by

Among the recipients of honours, as cabled by Reuter, are the follow- fng:--

Baronies

"

STERLING UNCERTAINTY Prospects for sterling are more | but metropolitan and country gamplicated. The improvement in clearing showed increases each

Wall Street, which is attracting Sir Henry Betterton, formerly quarter. Country clearing which British funds, coupled with the Minister of Labour and now chair- is less affected by financial opera-healtuler continental outlook, is man of the Unemployment Assis-

is regarded as, & more checking the seasonal apprecia-tance Board. rellable index to the state of tion of sterling. trade and the increase on the ≫ year

was 7.8 per cent. Each month showed increase, thus in- dicating consistent improvement in trade.

tions

The combined total of clearings of eleven principal provincial citles amounted to £1,294,793,000 an increase of £51,717,000 or 4.1 per cent. over 1933.

The amount paid on 24 stock exchange settling days was £3,464,795,000, an increase of £279,995,000 or 8.7 per cent, com- pared with 1933. The figures are generally regarded as

very en- couraging although they are stil some way below the record reached in 1929.-.. Relish Wireler,

NEW YEAR PROSPECTS

Moreover it `is

Sir Thomas Fermor Hesketh, who belleved that resources of the has taken a prominent part in the Exchange Fund have been heavily political and drained by the steady support ac- Northamptonshire.

public life of corded to sterling, while in the event of a eneral election there are bound to be heavy with drawals of capital owing to fears of a possible socialist victory.

AS regards commodities, the biggest problem LA whether America's "King Cotton" can be dethroned by outside growths. Wheat is uncertain, owing to the possibility of a radical post- election change in Canada's sell- ing policy....

Rubber should benefit as the full effects of restriction begin to be

ધ

1.

felt, especially since world automobile production is expected to increase, while copper is likely to be the most active of the base London, Dec. 31. metals, owing to the possibility of The year 1835 should see the restriction. maintenance and expansion of

In view of the American

and

the the present industrial activity, in policy

efforts of Britain,

in the though

Chinese stagnation

Government to world trade will prevent any arrest the outward drain of the violent" acceleration, while the metal there appears to be possibility of a general election at justification for the view that the end of the year is also a silver will continue its steady ad- according to vance, with occasional recessions. restraining factor. Industrialists and brokers.

-Reuter,

SHANGHAI WEDDING

Bandit Captivity Recalled

Shanghai, January' 2. Mr. Charles Corkran and Miss

Molly Payne Smith were married at the Consulate soon after ar- rival from London on December 31. There was a religious cere- mony yesterday at "Holy Trinity Cathedral and a reception at the bridegroom's home..

Only a few friends were present. The matron of honour was Mrs. Pawley, who was a fellow captive in the hands of bandits in the Three Eastern Provinces. One of the ushers was her husband, Kenneth.

The honeymoon is being sperit In Shanghal Reuter.

ROYAL AIR FORCE

Remarkable New Record

•

London, Jan 1, The Royal Air Force squadrons achieved a remarkable new, flying, record in the twelve months just ended. Service seroplanes flew a total distance of at least 47,000,000 miles greater mileage than in any previous year since the war. De spite this new distance record ser- ious accidents were considerably fewer than in previous years- and- actually less than in 1921 when the Royal Air Force was about one-third of its present size and few little more than a tenth of the distance covered last year,

SILVER MARKET

(From Our Own Correspondent)

London, Jan. 2. London Silver prices to-day were unchanged, as follow:- Dec. 31 Spot

24-5/8

24-548 Forward..... 24-3/4 24-3/4 London on New York cross rate at 2 pm to-day was 4.4 compared

Jan. 2

with 4.94-5/8 at closing on Decem- ber 31.

CHINA

MISSION DEPARTS

British People Thanked

GREATER ENTHUSIASM

AND HOPE

Scenes Of Merriment In America

New York, Jan. 1. The city celebrated New Year's Eve with greater enthusiasm arid hope than at any time since the boom years of 1928 and 1920.

The number of revellers. on Broadway at midnight, was esti mated at 1,000,000 and there was an unprecedented demonstration of merriment and hope in the fu- ture, declares the "New York. Times."

. Champagne flowed freely in other large American cities and, when the American passenger liner Victoria went ashore on the British Columbia Coast. the 171 passengers and crew celebrated the New Year by dancing to music from the wireless.- Reuter.

WILL FOR PEACE

Berlin. Jan. 1. The wil for peace, was the key-

Colonel Sir Wyndham Portal, who wis one of the four Commis-note of the speeches with which stoners who recently investigated Germany's leaders heralded 1935. conditions in the depressed areas."

President Eltler, speaking at the Diplomatic Corps reception in Marshal Hindenburg's former palace in the Wilhelmstrasse, de- clared: "May the new year bring us nearer to the sublime aim of securing relations between the na- tions which are based on the re- cognition of equality. Honest co- operation should guarantee the welfare of mankind”“”

Privy Councillor The Marquis of Linlithgow, Lard Lieutenant of West Lothian, and Chairman of the "Market Supply Committee,

Baronetcies

Colonel

Edward Ruggles-Brise, Conservative MP. for the Maldon Division of Essex.

recon- be а

good wil was lacking, to-day in responsible persons abroad.

B

New Year's Day's celebrations, omcially opened with

march through the main streets by Gen- eral Hermann Goering's police

after band,

which President Hitler received the supreme com.. manders of the navy and army and the Papal Nuncio who, as doyen of the Corps, presented himì With diplomatic felicitations, re- marking that world peace took Arst tank among all things for which the world was the good

longing... ... Reuter.

HITLER'S PROCLAMATION

Berlin, Jan. 1.

"Our warmest wish for 1935 is the return of that German terri- tory, which, through its volce 01 blood, will on January 13 proclaim to the whole world its indissoluble community with the German Reich," said President Hitler in he New Year proclamation to the Nazi Party, in which he also claims that Germany is stronger now than she was 12 months ago.

After cleansing the Nazi Party of unworthy elements last sum- mer it was more than ever the actual political will of the nation that "The foes and fantasy-mak- era, who imagine they can split the Nazi German People in two and overthrow the regime which

they hate, by a flood of written

He added that Germany, which Mr. Richard Duraing Holt, the longed for peace and an opportun-

Hes and insinuations, will be re- well-known shipowner,, partner inity for peaceful internal

futed by the same hard reality in Alfred Holt & Co., and former Lord struction,

12 months' time as tr would always

the year Mayor of Liverpool.

just past. We wish secare guarantor of peace.

our people nothing better than a life in hon- In regard to the relations among our and peace, then, with God's peoples, he said he saw no pro-elp, our work will succeed in blem which could not be amicably securing for the nation Its daily

bread as well be concluded." Reuter

Sir Harold Mackintosh, promin-

ent Yorkshire business man and philanthropist, President of the World's Sunday School Association.

Colonel Frank Simpson, for poli-solved if dealt with in a friendly tical and public services in Durham spirit. He could not believe that

and Northumberland.

Sir Holburt Waring, President the Royal College of Surgeons.

Knighthoods Knighthoods number 27, includ- Professors Charles Vernon Boys, F.R.S.. A.R.S.M.; Walter Langdon Brown, MA.. M.D.,

ing

PRICELESS ART COLLECTION

FRCP., Member of the General Acquired by London

Medical Council; Edward Bag-

Museums

REFORMS INDIA

IN

"Broadcast Talk In London

1.

WHITEST

Gordon's

CIN

GORDONS

PUREST

DZYGON

&-BEST

THE HEART OF A GOOD COCKTAIL.

HAUPTMANN TRIAL

Lindbergh Baby's Murder

Flemington, NJ., Jan. 2, Hundreds of visitors here sat up

NO DIVIDEND

THIS YEAR

London Meeting Report

London, Jan. 2.

At the annual meeting of the late, congregated at hotels, board-Chinese Engineering and Mining ing and public houses, ardently Company, Mr. W. F. Turner, Chair- discussing the trial which is open man, commented that for the first ing to-day of Bruno Hauptmann time in history there was no on 2 charge of murdering the dividend. Lindbergh baby.

trial and no phase of the case

General depression of Chinese Preparations according to an trade was accentuated by Chinese official of one Telegraph Company companies throwing coal on the surpass anything hitherto in his market at any price. The Com tory. The court house is literally pany's sales were actually 4,134,000 wrapped in telegraph wires and tons compared to 4,005,000 ums the equipment sufficient for normal previous year, but there were seri- needs of a city of a million in onsly reduced prices and also a habitants and erected to carry the series of strikes and a more dan story worldwide.

gerous threat to the administrations The" problem of housing and than any previous ones. These... feeding visiting pressmen and undue grievances of the employées, nall Poulton, F.R.S., Hope Professor

others is proving to be a very but political in nature, were of Zoology in the University of Ox-

difficult one as every available fomented from the outside. Con- ford; Mr. Walter Forrest, late MP. for Batley; the Recorder of Lon-

place is jammed. Fifty people siderable London, Jan.

Improvement is ΠΟΥ London, Jan, 2.

will be fed, dally at a local visible, but profits are on a bygone" don, Mr. Holman Gregory, KC;

A certes of broadcast talks ex Methodist Chapel. The morning scale and there can be no hope. Major Samuel Emile Harvey, `MP.

The famous Eumorfopoulos col- pressing various viewpoints in re- for Totnes. Devon; Colonel John

lection of Chinese and. Far-Eastern gard to the proposals of Joint Papers will swamp material at the while the trade depression laste Joseph Shute, MP. for: the Ex-

works of art has been acquired Select Committee upon which since the baby was kidnapped, will change Division of Liverpool; and

for the nation by the Mr. John Wallace, MP. for Dun-Museum jointly. This collectioned was opened to-night" by Str

British Government's measure on future be omitted. Museum and Victoria and Albert constitution of India is to be bas-Reuter

which is one of the most extensive | Samuel Hoare, Secretary for India. of its kind is celebrated throughout He maintained that the Govern the world for quality and farity ment's Indian policy was one of of its specimens, metal work, fades, gold, silver, supported by authority

Sculptures, prudent progress and that it was glass, ivories, lacquer- paintings perience and that it offered only The CM.G. decoration has been

and pottery and forcelain are all a possible course of action. No conferred on the Hon. Mr. Harold

included and whole groups are re-

one either in Britain or India had Fairbur

presented of which national col- produced any workable alternative. Inspector General oflections until now have contained It was true that in India a chorus Police in the Straits Settlements,

few or no example. whilst an Hon. CM.C. has been

of disapproval has been raised awarded

Halim Shah, the

against the Committee's retom Regent-Designate of Kedah.

mendations. There was bound to Besides the 27 new Knights in

be an outburst of criticism. the Prime Minister's Ist, there were 20 other new Knighthoods

fermline Burgha,

Knighthoods baye also been conferred on Mr. Andrew Calde- cott, Colonial Secretary. Straits Settlements and Mr. Samuel Joyce Thomas, Chief Justice, Federated Malay States.

conferred.

to

The Earl of Yarborough has been made a Knight of the Garter.

London, Jan. 2. Mr. Yu Fei Yeng, of the Chinese mission.. left for America by the Majestic and will remain there four weeks before returning home. He communicated to Reuter & farewell message of warm thanks to the British people for the cor- dial welcome and

London, all who wholeheartedly assisted his work. "I enjoyed everything in my twoHong Kong. months stay in England except the weather and in this I am sure Victorian Order: Mr. William Reid Knight Commander of the Royal was exceptionally unlucky," he Dick, RA, President of the Royal said."

Society of British Sculptors.

80

Other Honours". -Officer of the Order of the British Empire: Dr. G. D. R. Black, MC., Medical Section, E.K.V.D.C.. of C.M., Lieut.-Coloniel Commanding

er.

and ex-

The total price for which the collection is offered ig £100,000 which admitted by experts to be far below the price which it

The Reforms offered India a very Wide field of self, goverment and would fetch at public auction. A

Indians could not wisely or safely | preliminary payment of nearly half the sum will be made in a

stand out of it: The final test of the Government's few days. The collection will be

policy was exhibited as soon as possible and

whether it was for better Govern- loans from. It will later be avallment of India. That broad ques- able for leading Museums outside that was constantly in their minds. tion contained within it an issue Helpful contributions towards the initial payment have namely the future welfare of the been received from National Art

Indian masses. "Millions of toll- Collections Funds, Sir Percivaling workers cannot be treated as

Committee and public are invited David and universities. The China isolated part of the population un- connected with the rest. I certainly. to subscribe towards the remaind

do not suggest self government is in itself preferable to good Gov-

years work by Mr. George Eumor our rule in India. But I do The collection represents 30 inconsistent with the record of ernment. That would be entirely

Greek merchants and fopoulos, member of a firm of maintain that the old-system D. bankers, paternal Government, great as Who lives in London and was born have been its achievements on be- in. Liverpool 71 years ago,

half of the Indian masses in the Judged by its valute the "Man past, la no longer sufficient. In the chester Guardian" says "a sum of conditions of the present day, in- £100,000 is so ridiculous that the terest of the people as a whole will sale becomes a princely gesture.”- -be-most effectively served by withe Honorary Knight Commander oflection as literally priceless and

The Times" describes the col-franchise that will give them for

Fly Highness Sultan Taludin. Acting it to be bought at such a aims the Order of the British Empire says that Eumorfopoulos in allow-Government and by a system of re- the first time a say in their own

ing Regent of Kedah, Malay States, figure ranks as a great benefactor unity that will attract the best

Honorary Commander of the Order of the British Empire: His British Wireless.

to national museums.

men thto public life," Highness the Undang of Jelebu

British Wireless. Officers of the Order of the British Empire: Lady Bella Son thorn, Hong Kong: Mr. Wee Swee Teow Straits Settlements; and Mr.

Mr. Yu Fel Peng takes home, a mass of reports covering every as-ot Derby, K.G., G.C.B., G.C.V.C., Royal Victorian Chain: The Earl

from the Clyde shipyards to Lon- K.G., G.C.B., G.C.MG., G.C.V.O., pect of transport communications C.B., FC and The Earl of Athlone, don's underground and also notes F.C., D.8.Ó. of conversations with Mr. Hore" Beilsha, Lord Londonderry and Bir Kingsley Wood.

Hattish Empire: Captain Arshad Members of the Order of the

and Warrant Officer EL Farrow His genial personality made him Straits Settlements Volunteers; and very popular Everywhere, while Mr. Thomas McDonald of E.FM the mission awakened a new un- the keenness of the members of Sub-Legation, Nanking. derstanding." as to China's fostered by Sino-British relations. Reuter.

BACKSTROKE SWIMMING

RECORD

Miami, Jan. 2. Alice Bridges eighteen years old, established a world record for 440

The new record is all the more striking in view of increased fly- ing last year in air exercises and manoeuvres conducted as far as posable under active service con- ditions and often at night More- aver the RAF performs patrol and policing duties over 1,000,000 square miles of territory and fles dally in three continents, much of yards backstroke swimming of 6JL. McPherson, Hong Kong, the time in bad weather and over minutes 12 seconds, and automa perions country where engine fattically broke the 440 metres world fure must involve serious conse-record of 5 minutes 12.3/5 seconds held by Phylls Harding of Eng- land-Reuter,

quences— British:1}

-INTERPORT RUGGER

Hankow, Jan

Medals of the Order of the British Empire Mr. L. B. Boyact, Shanghai defeated, Hankow by of HBM Consulate, Shanghai, and 15 points to 12 in their interport All bin Tuah, Straits Bettlements rugger matc -Police.

sponsibility and political opport-

SHANGHAI SOCCER

Shanghai, Jan, 1

In a soccer match played to way team defeated Tung Hwa, un- day, the Peking and Tientsin Rall-

defeated League leaders, by two goals to one. Reuter

TRIAL OPENS

Flemington, Jaf: 2. The Hauptmann trial opened to-day. Accused was brought to court chained to a deputy sheriff. Reuter); {"

LAVAL -MAY VISIT ROME

The Chairman paid a tribute to the new agreement with Lanchow. Mining Company, ensuring closer co-operation and expressed ples- sure at the arrangement of the Chinese Government regarding mining rights which has satisfac- torily ended an anxious controversy of many years duration.- Rester.

Extracts from the directors' port appear on page: 6.

ported that there was a strong Paris, Jan. 2. possibility." of his visit to Rome- M. Laval explained the position to-night or to-morrow. In the of the Franco-Italian negotiations meantime he meets the Italian to the Cabinet this morning, at Ambassador this afternoon, the conclusion of which it was re-Rester..

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