1931-07-14 — Page 1

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Fireplaces

ol.

Beauty

in

Latest

Colour

Schemes

C.E. WARREN & CO., LTD.

Chion Building.

Hongkong Telax

for The Soulk China Morning Fun, imi a

1 & 2., Wyndham Straat, Hongkong.

"South winds, moderate; general-

ly cloudy, occasional rain..

The

Court

Library, Supreme

Dollar on Demand:-117/d.. Lighting-up Time:-7.11 p.m. High Water2. Low Water 416.)

Hongkong Telegraph.

FOUNDED 1837

Tel. 20209

NO. 23.441 I VOTALXWF TUESDAY, JULY 14, 1931.

日九廿月五 suNGLE COPY 10 CESTR

$30 PER ANNUM

LOCAL BRANCH,

Padder Bldg.

GERMANY TO BE HELPED. ATTEMPT TO KILL

IMPORTANT BASLE Hongkong

NO

DECISION.

GUARANTEE TO BE

DEMANDED.

Social Evil.

EUROPEAN HOUSES TO CLOSE.

Certain

European establish- ments in Lyndhurst Terrace and

CONSUL

LATEST KOREAN

INCIDENT.

ASSAILANT HELD.

Nanking, July 14.

POSEIDON

HEROES

PROMOTED.

P. O. WILLIS AND THREE OTHERS.

A sensational attempt to kill S'HAI GATHERING.

the Chinese Consul, Mr. Chen Tsu-kan, at Fusan, Korea, was made by a Korean rioter, who, armed with a dagger, succeeded i in gaining his way

the |Chinese Consulate.

into

CAUSES OF

ECONOMIC

DEPRESSION.

Monetary Factors Not to Blame.

BRITISH REPORT.

(Our Own Correspondent.)

London, July 13. Shanghai, July 14. The report of the Committee The arrival here of the survivors on Finance and Industry, pre- of the Poseidon disaster syn-sided over by Lord MacMillan, The Government recently served An alarm was, however, raised chronised with official news that which has been eagerly awaited AFTER an all-day sitting, and while the financial is menths' notier on the proprio. in time nhi the would-be assas heroism displayed after the su

four chief figures in this published to-day.

NAZIS STILL ANGRY. Pastora

|

IN

down.

to

breez

sin was arrested by

Japanes

the

anmarine official drapatch which Mr. Chen promoted. Tru-loan sent to Mr. C. T. Wang,

The Foreign Minister.

It appears that the riots have spread th Pusan, where the anti- Chinese feeling has been worked up to a high pitch.

Ar-

hod

Petty Officer Patrick Willis, to be Warrant Officer,

BIG FLIGHT

FAILS.

French Fliers

Descend.

PLANE SUFFERS DAMAGE.

The French airmen, Licut. J. Le Brix and M. Doret. have not succeeded in their attempt to make a non-stop flight from Paris to Tokyo, their machine being forced down in Siberia.

of

The Committee was appointed Aunk bad bern

In November 1929 "to inquire into It was on Sunday, at 4.43 u.m. The promotions are as follows:ing regard to factors both internal Bourget,

Banking Finance and Crédit, pay-that the lers took oT from La and they made Buch and international which governs excellent

at 7.30 progress that this operation and to make re- p.. they were sighted passing Lending Seaman Reginald T. commendations to enable These laver Moscow. They had thus Clarke, to be

Nome 1,000 injtog Acting Petty gearies to promote the develop, completed Oficer.

ment of trade, commerce and em- their 6,000-mile venture. ployment." The intensiflention of A Reuter's message from Mua- special crisis since that date has cow, received this morning, stated Invested the report of the Com-that Le Brix and Doret were ex- mittee with special interest. The Report is signed by all members, except Lord Bradbury, who pre- Dissent.

Alle Seaman Vincent Nagle, to be Leading Seaman,

Able SeamŽUJA Edmund G. Holt, to be Leading Seaman, There had been sugestions that

centres of the world were anxiously awaiting newss of these establishments, allice allicers, neverding, to of the decision, the conference of the Council of the of which must be vaented by fir.

sember 1st. next. Bank of International Settlements, at Basle, decided to

Enquiry at the Colossinal Secte help the Reichsbank by every means in its power. It also turned down the French demand that it should on fer

taryiat this

morning

Th action, guarantee £25,000,000 in the event of Germany seeking showed that the step had another moratorium (under the Young Plan) after taken by the toyrenment entire the Hoover plan ends.

Apparently inspired by his com- ly on its an initiativel

patriat rioters, the would-be In Germany itself there is confidence that the worst has taken a keen interest in this thirty, forced his way

Of late, the Lengue of Nations assassin, a young man of about into the of the storm has been weathered, and the receipt of the question in the Par Bast, but our Chinese Consulate. news from Basle caused a wave of optimism. Mean-Pepresentative was told that the sion Broused the suspicions of the Petty Officer Willis would be sents a reasoned Memorandum of

Thin intru-

while, the Nazis are still indignant and have demanded result of any direct actionsulate, who sumanned the Follccffered comunisaloned rank, but it

[elusing order had not been besurd Chinese members of the Con- the immediate convocation of the Reichstag to discuss on the part of the League, though by telephone, The prompt

is learned that, for private rea After reviewing the main econo. "the sabotage of the Hoover plan by France, and the its general recommendations on riyal of Japanese officials prevent-soas, ho choac to go no higher mie and financial developmenta

since the return

the Gold of her sovreignty."

Laken into There was a pleasing ceremony Standard in 1925 the Committee enstody before he could find the fat the Union Jack Club shortly conclude that the "economic diffi Two more Emergency Decrees have been issued in Berlin, It was also pointed out that the Cansul. The man's stenight-after the arrival of the Poseidonculties of the present decade are and the Stock Exchanges will probably remain closed until the direct contravention of the law, and the discovery of a dagger in #system as upeiated here is not a forward confession of his mission,

primarily due. not to any wanton end of the week.

A representative of the Naval misbehaviour in the but the Government feels that his possession have

monetary hise called at the Club and in-factors, but to unusually large and

M. Dorett, M. Le Brix. these establisliments are not" ove. Fintentions beyond doubt,

formed the four chief figures in rapid changes of non-monetary pected to arrive at Vladivostok PANILEY, d Bas. accordingly

the dramatic escape from the phenomena. For instance. Issued the chasing order,

Minister To investigate.

the about 4 p.m. to-day. This indi- sunken vessel that an Admiralty unusual instability in the demand cated that they were still doing The Chiese Minister to Japan, announcing the promotiors.

message had just been receiveil | far capitol, War Deuta, the rapidity good time und had reasonable Mr. Wang Yung-pao, arcompanied

of technical changes in manufae prospects of reaching their goul. Following the announcement,ture and agriculture, the rigidity by his Secretaries, will leave the remainder of the Poseidon of wage rates, the growi

Later in the morning, however. Tokyo this morning Tar Kores, tarvives and other members of tariffs.

ofa further Reuter message, from' make first-hand investigation

the embarrassments of Irkutsk, stated that according to into the causes of the dispute bethe Navy and Army present in the budgets, and the violent changes information received by the local tween The Chinese and Korean Club building staged a demon-in speculative activity in New dying authorities, the airmen were

stration for the recipients, giving York and elsewhere. four them hearty cheers,

forced to descend naar Nijnou- dinsk, which is situate some 500 kilometres west of Irkutsk.

Anglo-French attempt to rob Germany of the rements into consideration by the Hou and the

the subject were probably taken d anything further untoward than Chief Petty Officer.

KEEN FRENCH CRITICISM.

Berlin, July 13. . !ìn and to reinforce it by all the Confident that the

weg- meats of the disposal of the cen has fered the worse storms and will tral banks,” · Rester.

safely ride out the present crisis

this sums up the prevailing at titude of Germany to-night, after"

the past few panicky days.

Movings Bank "Run".

Berlin, July 13.

The banks have decided to con. The Government's assumption Bune to-morrow the policy of

of reswasibility for the restricting payments.

Darmstadt Bunk's Habilities bas

had a most ressuring effect.

D

The Hamburg Savings has

Brak

been closed for two days! Special police who hard bourn, oving to a honvy "run" thereon posted The weighinurhood as a result of the Radienis urging The Hunks had an idle day. The the people to withdraw" their; Darmstadt Bank was the busiest, sayings. but ther ***** 1 signs of

01h

banks net elaime, let they refused to farewen

d

kong Government

i

FORMER HONGKONG

RESIDENT.

DEFENDANT IN CASE AT SHANGHAI

(Our Own Correspondent.)

man WAN

placed

farmers. He will spend weeks in visiting the leating} Korean towns.

Consol's Request.

Chinese

survivora,

Much satisfaction is expressied here at the recognition which the men's gallant conduct. Admiralty has accorded the

HIT-

The Return to Gold. Britain's own domestle diffi- culties were increased by the relative over-valuation of the pound sterling on the return to gold and its subsequent under-valuation by France and Belgium.

the line of the disaster, and who The Committee define the task was subsequently found guilty by of the monetary system as being Court Martial of hazarding his to balance. by changes

The distance covered was this approximately 4,200 miles. Assum- ing this to be cerrect, La Brix and his companion have failed to record, as their fellow-country- establish મ new long-distance

men, Costes and Bellonte, in 1929 flew from Paris to Taltshar, a dis- tunce fo 4,900 milon.

Mr. C. T. Wang has previously announced that negotiations with the Japanese Government for Interviewed to-day. compensation tu the

the vivors highly praised Lieutenant victims will not be opened untilCommander R. W. Carpin, who Shanghai, July 14, Mr. R. t. Ushorn, weib-known in Sanking has recrived Mr. Won: one in charge of the submarine at mmmpione, chere some years ago Ying-pao's report. The Nazis and Communists have be started the first wireless written ta Herr Loebe, tubrondit station, was the defen all President of the Reichstny, de- dant in a guisement sumalans The Chinese Consul-General at ship, was severely reprimanded quantity and terms of credit, the states that the aeroplane sell mauling its immediate convova-beard in Fouet (poday, brought a roul. Mr. Chan Wei-cheng, again and sentenced to be dismissed his effect

| Me. Beslie Wood, Halton.

interviewed the representatives of ship,

on the price level damaged and that one of the crew of Osborn, decinred them

Korean he had the

fluctuating factora Governor-General

out-suffered an injury to his knee The Nazis demand discussionKong, where he was

side its direct control. They re-joint. The other members of the been receiving funda from Hong-yesterday. and was informed by

that an commend partner in them that the situation in other

altempl bearty were unhurt. at "three questions of supreme mixing picture Company, mut ne] Korean

made to increase the power of towan tas importance, namely, the sabot-successfully asked the Judge, fenatro). Mr. Chung called the

Mark Remalas Stendy,

The Cavernment has shirit newssary, to some an. Emergency Herpes regulating traile

i:1 Foreign enrrencies, though the Reichsbank iz only issuing foreto Money ayainst

marks actually deposited,

just.

Nazis Demands,

now under

age al President Bouver's plan, Peter Grain, to adjains the pattention of the Korean officials by France, the Anglo-Frenchroetings for a fortnight, saying the fact that at least 10,000 attempt to rnb Germany of the that the judgment would have Chinese Inhabitants had been remnants of her sovereignty, een satisfied long before had befored to abandon their shops and and an emergency decree not experiegeed difficulty return to China, in which they favour of Capitol."

ting funds from Hongkong. He must have suffered considerably. The Saxis add that the Reichbad singe been in straightenet An immediate restoration of order Meanwhile, the Government is! marking time, confident that help vist of Dr. Bruening and Herr stag must as devisively vote thei

in Koren was requested by Mr. Chang will be forthemming from Dasle-partius to Paris--Reuter,

The mark remains steady 20,20 in the £.

--Reuter.

Baste, July 13.

[1

The Council of the Bank of: International Settlements has flecided to help the Reichsbank

London Ansinos,

London, July 18. The grave nancial crisis, which has developed in Germany is being! in every possible way in its followed with deep concern here, power-Reuter,

No Gunrantee Demand.

virumatoners.

DIPLOMATIC VISIT.

ANGLO-GERMAN TALKS IN

BERLIN.

Helping Refugees.

GLOUCESTER WIN EASILY.

BEAT MIDDLESEX BY FOUR WKTS.

PARKER IN FORM.

After

in the A later message from Irkutsk

AVIA

deliberate control over the price they should be conveyed back to A request has been made that level, which they believe not to Moscow by air. he inherently impracticable with

No explanation has yet been

the gradual growth of knowledge given as to the enusy and experience and the further descent. development of suitable machinery

for regular international co-opera- tion. It is task which must be

of the

attemptol and experience will be RUSSIAN FLYING.

gained by practico.

Prices Too Low,

DISASTER.

EIGHT KILLED IN SMASH.

London, July, 13.

The broad lines of a world Mukden, July 14, General Chang Hsuch-lang basindifferent form in their last few the Committee as follows:-The having shown rather monetary policy are laid down by sent another gunboat and me matches, Gloucester returned to Central banks of the world should chant steamers belonging to the form to-day at Cheltenham, de-adopt the objective of raising the Chinese Shipping Company.feating Middlesex by four wickets. price level, and to avoid, If pus- Messrs. Ching Kee fa concern

The feature of the match wasible, the stabilisation of prices owned by the Manchurian the rentury made by Hondren in near the present level which woulurred near Moscow to-day, re- Pernment Henderson, will leave General Chavg) to Korea, to con- the first innings of Middlesex. disastrous for all countries.sulting in the loss of no fewer

officials including

Chinese refugees, who

May

innd to-day's events in Berlin has

London, July 13. Lennard an inevitable repercussion

The jou the London Foreign Exchange

Foreign Secretary, Mr. market.

Arthur Paris, July 13,

London tomorrow morning for vey A mesange from Basle staten

There was severe depreciation that the Bank of International of the German Mark, which, after Paris, when he will pay a visit to desire to seek shelter in near-by Settlements has agreed not to slumping from 20.65 to 27 to the the French Colonial Exhibition. demand the French guarantee of pound, recovered in the afternoon. During his stay he will have £25,000,000, in the event of Ger- The German erisis also had a conversations with the French many seeking a Maratorium after we ktning effect on the stock Foreign Minister, M. Briand. Hel the Houver plan ends.-Renter,

French Views Over-Ruled.

Chinese cillos.

exchange generally, and prices, is due to leave for Berlin on Thurs New Wesleyan

after recovering from an early day afternoon. On Friday. mor- | drap, presented a weak appearance ning he will be joined by the Prime

at the close.

Minister, with whom he

return Baste, July 13,

News was awaited anxiously ing the recent visit to England of Dr. Bruening and Dr.· Curtius.' of Conference

The decision of the Council of

Minister.

Leaving.

make

Moscow, July 13. A disastrous aerial mishap pe

Rock

than eight itves. he contributing 117 to Д tolar When the point comes at which of 203. Parker took six wickets Prices are appropriate to the then the moment, but it is klown that Very few detalls are to hand at 2216 Tark

exlating levels of salaries and Gloucester failed to

wages, the monetary polley should tims were engaged on

an aeroplane in which the vic- first innings' lead, being all out endeavour to keep prices as stable

EL flight. for 273, the bowling honoura possible. The Committee be- came to 'grief. being shared by Hearne, who took eve that the necessary first step afstant Chiefs and an official st.

Those killed comprise two Ar- four wickets for 30, and Stevens, ie for countries to buy and to lend. the Headquarters of the who took five for 114.

A concerted policy is needed be Middlesex failed badly in their tween Central Banks and they, two pilots, two mechanics, second knock, thanks to the very issuing Institutions of Great and an observer. Reuter fine bowling of Parker and God-Britain, France and United States. dard, who took four wickets for and everything should be done to remove logislative hindrance on Gloucester was able to knock off foreign lending and towards per- the required runs with

J volume of domas- four mitting such wickets in hand--166 for

tic credit as would encourage the The match was concluded in two market to take up attractive days play-Router.

foreign investments. Something might

be done by banking. In- terests to break the depression if the banks themselves pursued a policy of purchasing securities

the Bank of International Settie- ughout cut ce of Governors of The Prime Minister proposen to Rev. Knight Anstey and six for 56 respectively. ments to help the Reichsbank was the Bank of International Settle fly to Berlin and, according to pre- arrived at after an all-day sitting, ments, at Basle. Following his sent arrangements, he will return which was marked by keen French return to

Berlin, criticism of German financial Doctor

from Paris, by air on Monday.

Mr. Henderson will return vin methods during the past ten years Reichbank, was In consultation Parin, where he will resume his

Luther, President of the and un insistence on substantial with the German Cabinet

morning,

political and economie guarantees out yesterday, and this rough-conversations with M. Brland.

as the

which

for

British Wireless..

DRUG LIMITATION.

28 COUNTRIES SIGN CONVENTION.

of assistance. price

before A communique,

Jeaving by aeroplane was Baale, he is reported to. have Issued at the close of the nest discussed the closing to-day of the ing stated: "The Council has Darmstadter and National Bank, examined the statement of Dr.which is the leader in Luther as regards the situation currency and credit oporations. foreign in Germany and the satisfactory The announcement that the bank nature of its economical and bud-had closed was necompanied by an gotary pollion despite the crisis ometal statement that the German due to the withdrawal of short-Government, on the basis of an torm: eredita placed in Gormany emergency Decroo to be issued

The Council is convinced of to-day by the President, will now signed the Convention. Itmit the need of prosent aancial as-provide by means of a full ing the manufacture of narcotics alstance of Germany, and declares izuarantee of all donosita 2.523019%%

SHE COMLIJRoa an Pagi 5%).

Genova, July 19. Twenty-eight countries have

HIS: SUCCESSOR.

has been such an outstanding

Many residents of the Colony, success. Service men in particular, will re

Mr. Knight Anstey successor is and driving down the general rate gret to learn that the Rev. J. C. to be the Rev. E. C... Tribbeck, of interest on long term borrow. Knight Anstey, who has been who has had considerable experi-ing, bringing a revival of now Wesleyan Minister In Hongkong once among Service men, princi- enterprise-Brilish Wireless." for the past five years, is shortly pally at Tidworth Camp. He is

tha

to relinquish the post. He leaves now on Circuit work at Walsall, In October. Staffordshire, and la expected in Prominent in many aspects of Honkong at the beginning of Na- Sailors Home is a monument to The new Minister is a married social life, the new Soldiers and venbergs F his services here, as it was prinot man, and it was only in May last

WEATHER REPORT.

that the northern depression is The Royal Observatory reports, falling up near Kolin Tha Tanga.

Pressure to high in the north,

·MILD SHANGHAI SENSATION,

ARREST OF BRITISH RESIDENT.

(Our Own Correspondent.)

Shanghai, July 14. mild sensation has been- caused hore by the arrest of a British resident of, the Foreign Y.M.C.A., Mr. B. M. Donaldson.

The arrest was made late last

before with larceny. He will be brought night on a warrant charging him

the Court, today wha