1936-02-05 — Page 2

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SANATOGEN

The True Tonic-Food:

Obtainable at all Chemists and Stores.

HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 5, 1936.

TELEVISION THIS SUMMER

Regular Service In June

London, Jan 15. Preliminary private tests with the BBC television station at the Alexandra Palace will begin In March, and a regular pro- gramme service may be expected in June, writes a correspondent. Public test transmissions as stated times will be given for two months before the entertainment service begins.

DRAMATIC END TO THE A.O.F.C. CASE

Bitter Condemnation By

Dr. Sellett

we

when

With the eviduace concluded, ing. We will arrange to do this, summing-up by counsel occupied as the liability in this respect is the attention of the U.S. Court for considerable, in case we should Ching throughout yesterdays at have such shares in our margin ting, when Frank Raven, pre- account, and were borrowing aident and director. and John against them. That letter is Warner-Brown, vice-president | Initialled by Raven, from which and director, respectively. of the fact it. is inescapable that American-Oriental Finance Cor- must draw the inference that th's poration again appared on re- arst defendant knew, when he re |mand before Judge Milton J. Hel- celved this letter of May. 13, that mick to answer. sixteen charges this matter of fully paid shares of embezzlement, fraudulent con- was something that was import These indications of technical version, false pretences, and lar-ant in connection with the run- progress with the Alexandra ceny by trickery in connection with ning of this sort of business, and Palace station were given yester- their official positions and deal that the legal liability for "deal- day by Sir Noel Ashbridge, Chief | IngsTMTMTMwith the American-Oriental ing with them. In a manner other Engineer of the BBC. More de- Finance Corporation (one of the than by placing them in" safe-nares, and, when the liquidator talls of the programnie plans and affiliated companies of the Ame-keeping, was oxiderable. of the B.B.C.'s intentions regard- | rican Oriental Bankng Corpora- ing the broadcasting of films weretion, now in liquidation). disclosed by Mr. Gerald Cock, the Television Director.

Mr. Cock told me that the dally hours of transmission would be 3 to 4 pm, 6.15 to 7.15 p.m. and 9.30 to 10.30 p.m. The first two periods had been chosen so that women shoppers and office work- ers might visit televiewing rooms.

The B.B.C. hopes that. 20 or 30. of these televiewing rooms will be established by big stores, radio manufacturers and other business

enterprises.

Mr. Cock said that half the programmes would consist of fim and the other half of television by direct pick-up from studios or

In the open,

"I am convinced that no damage can be done to alm interests in the early days of television," he continued. "We do not intend to broadcast feature films save in

MR. COQUELET'S REPORT Mr. Felthan Watson, U.S. Dis- Next, we come to November 18, trict Attorney, with Dr. Geotge 1932, when Coquelet makes a re- Sellett: special assistant, is pr port to Mr. Brown, which Coquelet the U.S.says Brown requested, in order sécuting on behalf of Government, while Mr. Raven is that he might be able to show it represented by Mr. R. T. Evans to Mr. Raven. It will be recalled (of Tientsin), and Mr. Brown by that Mr. Brown himself states it Mr. C. 8. Franklin and Mr W. Gwas shown to Mr. Raven. In that Watson.

· DR., SELLETT SUMS UP

ac

report it is shown that the Finance Corporation had some 50 clients Dr. Sellett, atter reviewing the whose shares were fully paid amounting in value to G.$588,770, various charges against the cused, stated: "The evidence in and, in addition to that-and it is this case shows that the first de-of great significance the report tendant was president of the set out that there were certain ac

during al counts of the Finance Corporation, 4.0.F. Corporation times that are material to th's chiefly R. T. Co. trustee accounts, section in fact. It shows that he in which there was a total nf was president and a director from C.$364,346 which would be suffer- Its very inception in 1926. The ed as a loss by the Finance Cor- evidence also shows that the sec-poration if these accounts had to and defendant was a director and be closed down, including the manager of this Corporation from count 101A5 (Raven's amounting to G.$4,875, and 101-1-1 in which early as September 1930, and he continued to act in such dual there was a loss of G.$84,296, both

defendant Raven."

**There

SAFETY AT SEA

British Ships Are Safe

forced into liquidation their shares then became of no valus that until that value was taken away from these credits, the Finance Corporation was solvent

As a result of several distressing in every sense of the word, › and Mr. Curtis has testified that, had losses of British shipe during the Pierce and Co. made use of those year, the safety of life at sea has twa L/Credit when the Finance been brought into public debate, accounts and the Chamber of Shipping her Corporations closed its with them, there would have been issued a statement urging that a surplus of G$260,000 $100,000 wrong inferences should not be and more. than enough to take drawn from isolated disasters, writes the shipping correspondent care of those fully paid shares.

of the Birmingham Post I submit that, bad Mr. Brown, oi Mr. Raven, had any guilty know- British ships are safe ani are ledge that they had been doing becoming safer, it is a ted conditions vary arom anything wrong with reference to Weather those fully pale shares, that, when year to year and the records of the Finance Corporation was going losses show corresponding varia- to close, they could have instructed tion. During the last year, or two Pierce and Co. to draw against storms have caused more losses. those Is/C. and set aside those than in the immediately preceding G$147,000 worth or fully paid year or two, though fewer than in earlier years. The statistics of was appointed on June 8, those losses of vessels and of loss of life. fully paid shares would have been show a steady improvement; as in Pierce and Company would only measured in losses of vessels, Bri- have taken G$110,000 of the tish shipping is two and a half $250,000 surplus that was there, times as safe as before the war, the Ls/C. had been used. Those and foreign shipping is nearly securities could have been set aside, twice as safe. and there would still have been a surplus of $150,000, and that is any sucessful man would have what they would have done-what done had they thought for & mo- ment that there was anything fraudulent in what had been going

on.

"In the last fifteen years a great

advance has been made. Taking three-year averages since 1920, losses of United Kingdom sea- going vessels of 1,600 tons gross

and upwards have fallen steadily

as follows:

Average in period 1920-22 1:in 158; 1923-26 1 in 191 1926-28 1. in 193; 1929-31 1 in 217; 1932-34 1 in

242.

MIL. RAVEN'S DEFENCE Mr. Evans-I wish to reply to the suggestion of the prosecution to the effect that I called medical

"Of the world's tonnage, Bri- evidence for some other purpose

owns 331 per cent. of thë than to deal with the merits of tain this case. This Court is charged world's losses, Britain has sutter- with the duty which is the highest ed. 25 per cent. The loss of life has more strikingly. known to our civilization. We are declined still not here to plead for mercy, and Compared with the numbers em- I now disclaim, as I have disclaim- ployed, the loss of life among of- ed before, any intention of doing ficers and seamen serving in our regardless of consequences: those period 1910-14 one in 412. "Apart from the loss of the Titanic and is one matter that is are in the hands of a higher au-

Empress of Ireland, which may be worth being remarked upon in thority, in which we must all trust.

The accounts of the A,Ò.F. Cor- considered exceptional disasters, connection with Raveri, and that. is this. Throughout this wante re-poration. were made up in accor- the losses averaged one in 682. In cord we find that, so far as he dance with the system which had the period 1922-1926 losses were a concerned, there is a minimum been long established. They were one in 976; in the period 1927-1931, of evidence that his name got upon perfectly open: they didn't indicate one in 2,250; and in the period documents that are incriminating that the security held by any of 1932-1934, one in 2,360. The gurea Your Honour has observed Brown the complaining witnesses were indicate that safety of life at sea on the witness stand for a period held in safe-keeping. Moreover, is four to six times greater than of some four or five days. I don't the conduct of the defendants before the waIEW

the form of a series of short ex leapacity to the time the Finance of those accounts belonging to the "sa: This Court will do its duty trading vessels averaged in the

02 also

tracts from current productions with comment on them. Shorts Corporation eised its doors of various kinds lasting about 10 May 23, 1935: The evidence

shows that during all times ma- minutes will be the other type of

terial in these charges both de- Alm broadcast."

fendants had full powers of at The peak power of the Alexan-torney issued to them by the Fin- dra Palace station would be 16 or

ance Corporation and were au- 17. kilowatts.

thorized and empowered to act and deal with tail matters concern ing the Corporation The evidence also shows that except for cer- tain periods, when they were ab sent in the United States on cation, they, were here Shanghai attending to business of that

DIRECTORY & CHRONICLE

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1936

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with regard to these securities

was perfectly open. If the defen- dante had been commonly pur-

LESS THAN ROAD TOLL a think that, from your observation, in your Honour will come to the can- theclusion that Brown was a master

"Lives of passengers lost in the Corpora- mind. If Brown was not, that, suing a course of wrongful con- year 1919-1914 averaged 429 (or, duct, nothing would have been omitting the Titanic and Empress tion, the second defendant being why then, who was the master easier for them, in the few days of Ireland, 96) and dropped in the manager, and the first defend- mind of this business? ant the president.

Was it

lost in the

The improvement of safety at sea, which all nations share, is

duy to science much more than to

that very learned barrister whe after. May 23, to have destroyed 1929-1933 to an average of twenty- with this ... the came from Montana, in Kansas? the records, on which the prosecutwo. Compared COMPLETE KNOWLEDGE. "Now, as to this first defendant, Was he the master mind? Is that tion has relled in this case. The road deaths in Great Britain in 7,343 In 1934 Raven. Except for the evidence what the record throughout sug defendants are not on trial for 1934 numbered that has been produced by the gests that he was the guiding general misconduct or depravity there were 333 persons killed on Government in this ease, and the genius in the nefarious practices they are on trial for doing certain the roads for every one passenger evidence of Brown while on the of this Financial Corporation? But speciic things, and it must be lost at sea in British ships in the witness stund, there is no evidence he left Shanghai in the summer proved that they actually did the years 1920-1933, and for every one in the record whatsoever of any of 1932, having been here for iPR act, whatever their intent, before passenger lost in the latter per- thing other than that the first than two years, and returned here we can go on to similar sets to lod nineteen. were defendant had full and complete only in 1934 for a period of a prove Intent. The defendants years 1910-14. knowledge of what was going on, month: I suppose we are going to have been stated to have used pro- In this connection, let me point be told that his influence, although minent local people, and made out that, first of all this defen- 8,000 miles away, still had its them directors of their several dant was president of the Cor- shadow over the affairs of the companies, putting them in a regulation; in particular the de- paration. The bye-laws of the business of this Corporation-that window-dressing Well & direcvelopment of the marine engine Corporation are in evidence, and the President of the Corporation tor of one of these corporations and of wireless, improvements in they set out the duties of the pre was not running the Corporation, was Judge Purdy One can im- machinery and the growth of var

lous aide to navigation Great sident of the Finance Corpora- he wasn't guiding its destinies, he agine him as a window dresser. I

wasn't determining the policies of wonder what he thinks about it!

Britain may, however, fairly claim tion.

the corporation. That was being submit that on the law that her relative freedom from "There is not in the whole, ou

Raven cannot be convicted as the record of this case one sein- done by the young man who came La of evidence to the effect that out of law school in 1930, and the first defendant was not cog- amongst other things, in the in- nizant of what was going on intervals of performing duties as the AUF Corporation, as the manager of the Raven Trust Com- bye-laws would indicate it was pany, was giving learned legal his duty to be cognizant of not advice to all and sundry, one bit of evidence anywhere in "Now, I submit that that is a Mr. Brown falis to show any fe- the whole of this record nothing very convenient device in a crimin-lonions intent, or fails to show but innuendo on the form of ques- al trial like this-to pick out a man that his conduct comes within the tions put by counsel for the de- 3,000 miles away, and endeavour description of the word "wrong fendant on cruss-examination to prove that everything evil that ful as it is used in Sec. 834, and happened in connection with the as it is used in the statutes of the Dr. Bellett went on to refer to business aairs at this corporation District of Columbia, and I submit Brit the New Yors stock brokerage must be laid at his door. The only that the defendants on all the business, qui uf whi the cases evidence we have of it is that of facts are not guilty, and must be

discharged. had arisen and described, how it Brown, who, of course, is protect-

witnesses."

due to quality not only Govern- charged in the information IOS of life and property at sea is submit that the Finance Corpora- ment regulations and the strict- on itself has not committed any ness of their application, but of offence, and triat neither it, nor critish masters, seamen and snips, any officer can be convicted and it may be added, manage

submit that the evidence against

originated. In 1929, he said; ing himself and the evidence will DR. SELLETT REPLIER

Raven was in America, and per- how that he rendered yeoman Us Sellett relying on the ques- sonally made arrangements with service in fully protecting Ravention of wrongful intent myited the E. A. Pierce & Co. for starting i as well, unill ultimately these men Judge to look s the sordid detalls this business, and

upon his return

December, 1929 inaugurated, Mar

the date or Brown then attends at

& Co., In

period of two

their pro

there, he writes

that fell out, and the truth

in pisin Bro

es master mind in

being this. It doesn't require

that

on my part of prove and proved it in four or five of Pierce the witness stand. The mALS

of the manner in which these, de-

ried Constbils-business.

gures in the bala

Diamis

and (assetä.

for a mind behind all, I subm weeks learning man who was President of this on hes

is Corporation-

THE EVIDENCE

Mr.

letter to Raven, who I tháng hai

131930 in fendant/

the

ment

old and fewer ships over "We have more ships under ten years

tries, and nearly half the big ton- twenty years old than other conn- age (ie, tonnage, over 10,000) 15 Shipowners have taken ad- of tried improvements in

van

equipment and

of these

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