1924-04-10 — Page 3

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THE HONGKONG TELEGRAPH,

"HEUNGSHAN" ENQUIRY.

Wantinged from Page 2)

Mr.

A Homely Sirije. Poller insisted that this closeness to the Pooching, may have buen responsible for everyhaly

ard the Heung shrin missing the light. since that ship may hive Lobscured the view.-I dont think

THURSDAY, APRIL 10, 1924.

EARLIER TELEGRAMS.

THE FLIGHT OF GERMAN CAPITAL..

Paris, April 9. The report of the MeKenna Committee, enquiring into the broad at the end of last year fight of German capital, estimates the value of German capital millions of gold marks, making, with a half milliard of foreign at between 5,700 and 7,800

money held in Germany, a grand total of eight milliards.

It states that the principal method of acquiring foreign capital was by negotiating paper marks abroad, and declares that enquiries at the principal German banks, usaiated by chartered accountants, show that the Germans thus made a net prot of seven or eight milliards.

Mr. Pofter:--1 put it to you that Vol should have known by the Banks exactly where you were

The report enumerates other methods of the export of capital, Witness" reply to this was to like the sale of merchandise, securities, hullion, and bills of lend Mr. Polfer along one of thosexchange.

This

•

simple lanes with a man trap at the In order to stop the fight of capital the Report recommends eid, which are the delight of ox the abolition of the cause; namely, the definite cessation-of inda- aminers, only when they are nonion. It attributes the light of capital principally to the failure ducting the examination. In all to balance the Budget, causing capitalists to translate money into simplicity. Captain Thanas asked Tyreign denominations, to avoid loss through the depreciation of Ms. Porter whether he huf any time their own currency. entered a foola iti his house which ↑ way in alsolute darkness,

being nolmitted. Mfr. Potter had ta confess that he prolaisly could not do it without kirking something and having difficulty in placing his hand

the object of his

soare, although he might know where it lay. Well: Be river was 13 dark room to Captain Thomas on a night of this description.

it also declares that the light is accentuated by the attitude of the Gorman people towards the payments, Germany is called upon to make to her war creditors.

<if

Reverting to the question of res pronsilsility for the steering, Captain Thoms again stressed the fact that the pilot had appeared to be a man who could be relied upon this after many years good service.

Questions were then put by Lieut. Comely. Cousray Rake and Lirut. Coude. Dawsen, rond in reply witures) said it was his firma opinioti that the lightkeeper allowed the light dun down nel retrimmed it at about 5 nm, when the trafie commepect Bein. He dives in the village of Sun Chan, which was within a very short distance of the rok, and it would be a susple matter to slip off;

The Committee refers the recommendations to the Dawes Com- mittee for establishing German money on a stable foundation, thas facilitating the return of a lanze amount of German wealth, now shroad,, to ordinary commercial channels. It

proposes, for the period of transition, that persons liable to penalties under the existing law should be pardoned, and advantages offered the Ger mans to subscribe to loans in foreign currency-Reuter

INTERNATIONAL CHESS TOURNEY.

New York. April 9.

In the sixteenth round Dactor Lasker beat Reti. Tartakower heat Janeweki. Alekhin drew with Edward Lasker. Capablutica drew with Marshall.---Krater,

TO OPEN OKHOTSK. TO TRADE.

Moscow. April 9.

The essaymittee on home tradié intends to despatch an expedition

to the coasts of Okhotsk. It proposes, to declare the whole coast an open port in order to attract foreign capital. Eighty thousand people are reported' starving in, Omsk province. Reuter.

RUSSIAN ARISTOCRATS CONDEMNED TO DEATH.

Moscow, April 5.

The trial has concluded at Kict of a number of well-known a stemmpen when tiressiery. His local intelligentsin, mostly social democrats, on the charge of tren previous experience of the light was SOM. The following sentences were delivered: Tehelkov, Yoko- tiest it was frequently: very bad, mud view, bevsky and Madame Vinogradova, sentenced to death; was sometimes only siglaan

the two brothers Vasilenko, and Teheloensky, Smirnov and Telpygo qurier of nende, The man being to ten years imprisonment; Anna Kapoustinskin to seven Pets, certain amount of oil and others to five years. The condemned have the right of appeal

allowed a

to last him uver a month night, within forty-eight hours.--Renter,

vers well hele himself. Sinels ensen!

had happened in the past with cer

tain, other lights on the river. It thought he was in the middle of the end. I thought the ease so plan and was only an ordinary globe ail lamp, river. Before leaving the witness straightforward. that

such a pro and was always rather difficult to box, Captain Theuns expressed a Freeding would be unneccessary ; pick up. He back no doubt as to the wish to make a statement, and con- therefore each man has been allow- identity of the village of Sun Chian. sont being given, hur said:-- I made ed to make his then statement. The visibility was about a quarter) un erger of judgement in not taking The Court then aljourned until of a mile at Tai Shak Tan, and be statement from everybody coureras 19.30 NJIL To-day.

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