1932-01-12 — Page 1

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The

Dollar on Demand:-18, 5.3/18d. T.T. on New York:-244. Lighting-up Time:=-5,58 p.m. High Water:-23.48, Low Water:--17.10.

brery, Supreme Count

Hongkong Telegraph.

Tel, 30169

Yo

פור 13

+ A

+ TUESDAY, JANUARY 12, 1932.

IN PER

AXNUM

SINGLE OPT IN CENTE

Just Arrived!

DUNLOP

1932

TENNIS BALLS

(Pressure Packed).

Now obtain be from all tores

DUNLOP RUBBER Co., (China Ltd.)

South China.Mag Fort" Bui ding,

3.4 Floor

3. WENDUAN STREET.

CHINESE ATTACK

FRENCH STRANGLEHOLD ON REICH FINANCES. AND DESTROY

..

WOMAN INJURED WORLD BANKERS AT

AT

GLOSTER BLDG.

CRASH THROUGHĨ

BASLE.

ARCADE ROOF. CREDIT RESTRICTED ON

Gourrater Building was the scene of amather serious accident i -the first since its compl-tion - this morning, when a coolie!

ershed thru the

of

southern

WORKED

glass aread and, over thirty feet. to the stops floor la low,

Oecured in the heart of the stunguj pe trt, the crash be a roudera- able on oren and a largerowal! spfelly mattered.

Cleaning the Glass,

It was at first thought that the anton Late woman hul fallen from a height on to the glass below. crashing through, bat enquiries re- vealed that she was engaged in cleaning the arende roof, a board) being placed across the glass for the purpose.

The victim must have slipped and fallen very heavily to have braken the glass sufficiently LD cause her to fall through. Curious- ly enough, the external signs of in- jury were few, though her wrint was badly cut.

Serious Injuries.

There is reason, however, to fear serious internal injuries as a result of the fall and the case it regarded seriously. The woman was still conscious when sent to hospital in an ambulamu 2.

LEAGUE INQUIRY COMMISSION.

SINO-JAPANESE APPROVAL.

Paria, Jan, 11 The

Japanese and Chinese! Goverunruts have now approved the names of the members of the! Image Commission of Inquiry in! Manchuria.

It only remains to obtain The approval of the Lengue Mem- bers of the Commission to be formally constituted and to level for the Far East-

The members are:

Lord Lytton (Britain), General Claud

(France),

General McCoy (United States), Dr. Schnee (Germany),

Count Aldobrandino italy),

-Router,

i

FRENCH DEMAND.

NEW CRISIS FEARED.

THE FINANCIAL STABILITY of Germany

in the immediate future appears to have been placed at the mercy of France by a decision of the Council of the Bank of International Settlements to refuse to renew the credit maturing on February 4 unless the Bank of France, the Bank of England and the Federal Reserve Bank (United States) act similarly.

The growing influence of the Nationalists in Gormany, strengthened by the Hogenburg Hitler alliance, is causing apprehension abroad, particularly na the Bruening Government has been forced to recognise the new power. Photos show (left) Harr Hugenburg, with Prince Eitel Frederick, and members of the Stoel Heimet and Nazi organisations, and (right), Hitler, the real leader of the group,

The significance of the decision is that M. Moret, NEW HITLER INDIA CRISIS.

the Governor of the Bank of France, who insisted upon this provision, indicated that the Bank of France was not dis-

ROLE.

posed to extend their share of A STICKLER FOR

the credit for more than a month.

The declaration is inter- preted as an attempt by France to obtain a stranglehold over Germany's finances, which will undoubtedly be employed as a lever at the Lausanne Con- ference on reparations, and to a renewal of the oft-repeated accusation that French banking interests are subject to dictation

M. Morat, Governor of the by the Government in pursuance

of French foreign policy.

Bank of France.

PROPRIETY.

PRESIDENTIAL

ELECTION.

Berlin, Jan. 11. The desire of the German Government to avoid a pre- sidential election in the pre- sent time of crisis will not be granted.

Herr Hitler, the leader of the

Government's Guarantee.

Protection Against Molestation.

SITUATION CALM.

London, Jan. 11.

While the arrest of Congress

POWER STATION.

CHINCHOW IN DARKNESS.

JAPANESE FIGHT DESPERATELY.

WHOLE COMPANY SHOT DOWN

Tokyo, Jan. 12. Every unit of a Japanese infantry company was killed or wounded last night in a fierce engagement with an overwhelming force of Chinese, described as bandits, who attacked the power- station at Patsohao. plung- ing Hainmin. Tahushan and Chinchow into darkness.

The Japanese fore", according to a message from Mukden, first came into contact with the raiders at Hsinmintun, near

LAMMA IS. Tahushan.

RIDDLE.

LIGHT MYSTERY

UNSOLVED.

Enquiries made this morn- ing show that the police have so far been'unable to trace the origin of certain mysterious lights seen off Lamma Island last night.

The "bandits" attacked fiercely ani the Japanese Infantry suffered severe losses.

Reinforcements were hurried- ly despatched from Mukden, but before their arrival, the defen- ders had been completely cut up and dispersed. and the bandits had attacked and des- troyed the power station. at Patschao.

34 Killed: Reminder Wounded.

The Japanese casualties are stated to have been four officers and thirty men killed, and the

of the

A Japanese armoured train which went to the assistance desperately fighting remnants of the company was derailed and overturned near Hsinmintin, where a re-tion of the railway line had been des trayed by the bandts,

It was shortly after seven rest of the company wounded. agitators it still proceeding. Mrs. o'clock that the officer in charge The Japanese fought desperate- Gandhi being among the latest of Cheung Chau Police Station y against the overwhelming force batch, the news from India in- observed a succession of white of the raidera, believed to number dientes that the situation relights, resembling Vercy Lights, 5,000. mains generally calm, and with-these being repeated Inter some Facists, and Herr Hugenburg,

little distance away from the out notable incident.

Sir Frederick Sykes, the Governor scene of those originally spotted his ally, the leader of the Na- of Bombay, addressing a conference A police launch was luler out to There is a grave danger of a financial crisis in Ger- tionalist Party, have decided not of leading Indian and European investigato.

to support the prolongation of business men to-day, emphasised The Water Police were reticent many as a result of the uncertainty created, though President Hindenburg's term of that the Government did not in on the matter this morning, the meanwhile an attempt has been made to soften the cftice by action of the Reichstag tend to follow the example of officer on duty intimating that no effects in France of Dr. Bruening's reparations declara-jas was proposed at a meeting Congress and the endeavour, by report had been received, but, in compel any case, he was not authorised to of Herr Hitler and the President oercive

rade to flow in any particular divulge any information on the few days ago.

subject. channel, It is believed that the Govern

A telephonic enquiry made to ment's chief rivals aro cach address-

the Cheung Chau Station elicited ing a letter to Dr. Bruening, the

The Ordinances, he said, were the reply that ao für no explana Chancellor, declaring that while.

from tion of the incident had been re- they desire to see President Hinden designed to protect trade

ceived. burg remain in ollee, this should being hampered,

tion.

"A WARNING TO GERMANY.”.

Bale, Jan. 11.

ary on the Kame

terms and the

At the instanen of M. Muret, the credit of G$3,000,000-Reuter and Governor of the Bank of France, British Wireless.

; the Council of the Bank of Interna-] tional Settlements, sitting to dia- euss Germany's credits to-day, un-

WHEAT QUOTA animously refused to renew uncon

SCHEME.

Modification of Proposals.

London, Jan. 11. It is understood that In their the Government modified form, proposals for the establishment of the wheat quota system will be acceptable to the various interesta concerned,

Sir John Gilmour, the Minister of Agriculture, will meet

repro- sentatives of the farmers, millers,

itionally, the credit of G$25,000,-! 1000 to the Reichsbank which ex-

pires on February 4.

Dr. Luther, the President of the Reichsbabk, protested against the refusal, declaring his fear that it. would adversely affect German currency.

He was, however, informed that the responsibility lay with the German Government, to which the refusal must be regarded as warning!

Conditional Renewal.

Inter.

A French stranglehold on Ger-i many's finances appears to be

merchants and flour importers to threatened by the subsequent deci

LESSENING THE

SHOCK.

FRANCO-GERMAN TALK.

to measures,

Freedom For All.

Power Station Battle.

Later.

It le now learned, that ten of the men of the original company at Hainmintun extricated themselves from the encounter unwounded and took up defensive positions at Patnobao power-station.

be done by the vote of the proplei The Government insisted on and not by the "unconstitutional freedom for everyone to trade how means suggested by the Govern- and where they liked, and would BONHAM STRAND any had been overwhelme, they meal.

extend the fullest protection Although, however, the Na-

against molestation. tionalist group will refuse to pare The Governor declared that ticipate in action by the Reichstag the Indian Government adhered to for the extension of the Presi- the terms of Mr. MacDonald's dent's term of office, it is understatement at the close of thei stood that they would support him Round Table Conference, and nek- if he again stood for election.

Election Certainty.

ed for the co-operation of the sober elements in the community with' the Government, which, was striv- Paris, Jan. II. In this case, President Hinden- ing to prevent a bad legacy being M. Laval, the Prime Minister, burg would be assured of an over- lett for the future. to-day received the German Am-whelming majority.

presidential The date of the bassador.

The nature of the conversation election which seems inevitable has has not been revealed, but it is not been defnitely fixed, but it assumed that the Ambassador gave will take place some time during M. Laval a further explanation of Mag. Reater. Dr. Bruening's reparations state- Iment, calculated to calm French ap-

prehensions.

Timely British Statement.

It is further felt in Paris that

GENEVA'S GIFT. TO LEAGUE.

discuss the matter to-morrow. sion of the Bank of International Mr. Ranay MacDonald's well- Such alteration as have been Settlements, renewing the credit timed statement is bound to im- made in the original proposals do of G525,000,000 for a period of press the French Government and BUILDING DEDICATED| not affect the Government's basic three months conditionally upon it now appears certain that France principle of a guaranteed market the Bank of England, the Bank of will attend the Lausanne Con-

TO DISARMAMENT. for milable wheat at an enhanced France and the United States ference, which became a matter of

Genova Jan. 11. Federal Reserve Bank renewing doubt an price.

result of the first reac If an agreement is reached as the their credits of an equal amount to tions to the declaration.

The first concrete stop towards!

wn: outcom to-morrow's conference, Germany.

the Disarmament Conference In City circles in London to-day, made to-day when a beautiful ner the Government will probably intro-

Dr. Bruening's statement regarding building, adjoining the League Germany's inability to pay duco a Bill soon after Parliament re-assembles on February 2nd.--

This decision was adopted after parations was received calmly, some accommodate the Conference com Izecretariat, and creeted specially to British Wircicun.

the Insistance of the French re-such step having apparently been mittes was opened by the Presiden, presentative, M. Moret, and it anticipated.

SPORTING PEER.

French Threat.

Involves the possibility of a crisis German Funds in London.

In German dnances is M. Moret, intimated that the Bank of France

BLAZE.

FOUR-STOREY BLOCK DAMAGED.

Fire partially.destroyed No. 134, Bonham Strand East early this morning when an outbreak oc curred on the ground floor of the premiacs, which was occupied by A Peshawar message states that, the Pak Sang Tong firm of three days of continuous rain hasj medicine deniers. discouraged the picketers and dis The Central Fire Brigade were pirated the remaining Red-shirts.

quickly on the scene, a call being The hostile laubkar of the Fakir received shortly after 3.80 a.m. on the fire of Alingat has dispersed, having Hoses were played received no encouragement from from the adjoining and opposite the loyal Mohammadan Mallis, buildings and in half an hour the while the attitude of the people flames had been subdued, by In Khattak, is now reported to be which time, however, practically the whole building of four storeys excellent:-British Wirdlana

had suffered.

· DOLLAR RISES SLIGHTLY.

MARKET STAGNANT,

HOWEVER.

With silver slightly up in Lon- don, the Hongkong dollar advanced 1/8th this morning, the demand ate being la. 6.3/16. The local market, however, is stagnant, as also la Shanghai,

The entire house was damaged

fire and water, by

while tho adjacent promises also suffered damage.

The ground floor and the first floor, which were occupied by tho Pak Sang Tong werg Insured. The top was used as quarters for the workmen, while the second | flat was vacant.

ANGLO-IRISH TRADE.

MINISTERS TO MEET IN LONDON.

When the remainer of the com-

found themselves facing the full force of the raiders, but held to their posts determinedly and were still fighting until the Chinese force got inside the power station and blew it up.

It is believed that these ten survivors of the original engage- ment were blown up with the power station. Their fate is unknown.

A

and

few of the reinforcements sent from Mukden eventually got through to the battle zone with some of the original company who had been only slightly wound- ed, succeeded in driving off the bandits, who however carried out their programme.

The officer in command of the troops remaining at Tatachao had Informed battalion head quarters at Tahushan that they are now holding Halamintun. It is believed that very honvy Jossca were inflicted on the attac- kera-Router.

Another Engagement.

Peking, Jan. 12. It is stated that fighting is go ing on between Chinese forces and The Japancre near Chaoyang, Chinese have a force of 7,000 actively resisting the Japanese ad- vanco, and by sheer force of num- bars they have repulsed every at-

tack.

They have suffered several hun dred casualties, but claim that the Japanese losses have been heavy.

Chinese sources report that the attack on Humintan wis carrfod out by "volunteers."---Reuter,

of the Genova State Council.

The Geneva State Council pre At the opening of the Stock Exacnted the building to the Leagu

The rise in London was 1/8th was not disposed to renew the credit changs, German loans expected and M. Avonal, formally accepting WINS RACQUET TITLE for more than a month.

a setback, but a sharp recovery

the gift, expressed thanks, saying spot and 1/10th forward, There AT 46.

If this fo the final French deel occurred towards the close, Gor-

This conference will asaume In

London, Jan. 11. alon, the extension of the credit of man Seven par Cents again reach character a solemn gravity which was a little bear covering, and]

The President of the Board of London, Jan. 11. the whole amount of G$100,000,000 ed 60 and the Five and a Half Per Geneva cannot escaps. Therefore ruled very quiet, with America will meet Irish Ministera in Lon

the authorities and the people of the market was quietly, stendy-

After the official fixing. the market Trade, Mr. Walter Runciman," Lord Aberdare, although 40 can be only for a period of one Cents 63.

„The Royal Observatory reports years of ags, to-day won the Bri- manth.

The kading British funds finish-Lask the authorities and the people uncertain.

don this week to discuss methods that the anticyclone 4 centrat .. of tish open racquets championship, The Bank of International Bet-d the day, one-eighth to a hat of Geneva to contribute their warm- The New York silver quotation of Improving. trade between the Tako, moving East, Another what defeating J. C. F. Simpson by eight-ments also renewed its portion higher-Reuter and British Wire.st and most active sympatky."- two-Reider'e'Spécial "Service." of the credit of Austria and Hung-¡ less.

Pruter's Special Service,,

יך

is unchanged, but the cross-rate United Kingdom and the Irish rammida over): China. A' depression: | has" declined to 8.87%%%%

Free Blata=Britian, Wireless, worth of Vindivõätock is moving par