1932-06-10 — Page 1

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FLUKDED IN

426

FRIDAY, JUNE 10, 1932. 五拜禮 號十月六英港香

136 PIE ANKUM

日七初月五

BINOLE COFT 19 CENTE

BUILT FOR

THE JOB/

"South China Morning Post Bldg." Tol. 24554.

NOTED FRENCH AIRWOMAN COMMITS SUICIDE

BANK STOCK TRAGIC SEQUEL TO

COLLAPSE

SHARES GIVEN AWAY!

LONDON MARKET

SENSATION

CHILE REVOLUTION SEQUEL

London, June 9. Complete panic prevailed among the holders of shares of the Anglo-American Bank Ex- on the London Stock

FACE

PLANE CRASH

BADLY

DISFIGURED

TOKYO FLIGHT

MISHAP

girl,

change to-day, a sensational collapse in the "A" share culminating in dealings

nt

nill

Paris, June, 10. Once a charmingly pretty, fascinatingly-freckled who could break hearts with- out half-trying, Miss Lena Bernstein, the famous French airwoman, committed suicide to-day.

The implication of the

"nil"

quotation is that the "A" shares

Grief at the loss of her beauty were given away by the holders towing to facial disfigurations anyone who was prepared to accept i caused by injuries in

AL

crash

Marseilles to Tokyo is believed

them, many of them being anxious while taking off for a flight from to divest themselves of any further interest in the shures in order to carape the contingent liability of £5 per share,

Finally, the Committee of the Stock Exchange announced that dealings in the shares of the Anglo-South

Bank American

had been suspended.

NITRATE ASSETS,

The sensational collapse was due to the influence of the Socialist vonp d'etat in Chile, destroying the con- fidence engendered by the arrange ment entered into between the Bank and a group of British banks headed by the Bank of England.

:

to be the cause of the tragedy.

CHINA

Mi Lena Bernstein and below the proposed route of her flight to Tokyo, which ended in a crash and a tragic suicide.

Miss Lena Bernstein, who was only 3 years of age, and was of Russian extraction, was former holder of the world's women's long distance duration record and she planned, in her proposed flight to Tokyo, to attack the existing CRICKET record on her first hop.

FOUND IN ALGERIA.

She was found dead near Biskra, Algeria, to-day where she had gone

She accident. after the

was!

known to have brooded deeply after the painful affair.

by

:

The group took over assets of the

She got the world's record in.... South American Bank amounting to over £7,000,000 connected with the 1939 when she few nonstop from nitrate industry, which is concen-: Paris to Cairo. Soon afterwarde trated chiefly in Chile, and the she remained in the air for over South American bank was relievet 21 hours in an attempt on the of a demand liability for an equi endurance record, her Farman yalent amount. The nitrate assets Machine being forced down were taken over,

to the rain.

Miss Bernstein believed that the Anglo-South guarantee of American Bank, but this contingent flying is an art in which women liability ranking after deposits and could equal men. all other liabilities to clients.

16 TO NIL.

subject

First Duleep Century

Glamorgan Break the Ice

MANCHURIA BUNNY AUSTIN FIT!

INQUIRY

MISSIONERS MAY RETURN

VITAL QUESTIONS

(Special to "Telegraph")

Shangha June 10. The possibility that the Lytton Commission will conduct further investigations in Man- churia before drafting their re- || port to the League of Nations, ¡is envisaged in a Press despatch from Japanese sources in Peking. It is stated that when the Earl of Lytton returns to Peking from Tsingtao on Saturday, be willi consider sending two or three of his colleagues, on the Commission to Changehun to question the

DAVIS CUP FEAR

ALLAYED

GREAT FORM AT EASTBOURNE

(Reuter's Special Service).

London, June 9.

All anxiety about the fit- ness of H. W. Austin and whether he would be able to

in represent England the were Davis Cup this year, allayed to-day when the famous British No. 1 ap+ peared at Eastbourne in the match between Britain and the United States.

Austin displayed line form dis

"Bunny" Austin in metion.

Manchukuo authorities on certain posing of Gregory MGOLD

matters, which have forced their ranked No.

bered that while Mangin's 1981

attention upon the Commission as straight sets, it must be remem matters of extreme importance.

The Commissioners

fre

at ranking was No. 11, he has won

STANDARD

present all very busily engaged in the United States Indoor cham UPHELD

sorting the material gathered pionship this year. during their investigations,

TSINGTAO FOR REPORT.

He stood very little chanre against the superb play of Austin, though the British player reveal-

The purpose of the Earl of ed that he wants a longer spelt at GENEVA INQUIRY

Lytton's visit to Tsingtao is to see the game before he is able to whether that well-known summer resume his ability to last through i He won the Brst! resort will be suitable for compil-ja five-set battle. ing the Commission's Report, Het at 6-1 and the second at 6-3. It is reported that Lord Lytton The third went from 4-4, to 5-5, has already declined an invitation 6-6, and 7-7 before Austin forced by the Japanese Assessor. Mr. the issue, breaking through Man! Yoshida, for the Commission toxin's service to win 9-7. draft its report, at Renter.

cision against Leicester in two?

Dairen.

LATE ITALIAN AMBASSADOR

"STOCK" SOARS.

Britain's whole hopes of win- ning the Davis. Cup contest thin year centre upon Austin and his excellent form in this match has nerit Britnin's "stuck" soaring, Austin WIS the only logical partner for Fred Perry in the: laingles, No other player would possess even the remotest chance against the American and French London, June 9.

singles representatives, The The funeral of the late Italian jindfention that Austin is fit means

FUNERAL SERVICE IN LONDON

REPORT

RESTRAINTS UPON TRADE

Geneva, June 9.

LINDBERGH DRAMA

"WANTED" MAN SURRENDERS

(Reuter's Special Service).

Detroit, June 9, Harry Fleischer, the notori- ous leader of the "Purple Gang," who has been sought throughout the United States since the begining of the Lind- bergh kidnapping affair, sur- rendered to the Detroit police this morning.

SARAZEN'S GENIUS

LEADS THE FIELD BY THREE STROKES

ALLISS ON HEELS

London, June 9. Gene Sarazen excelled himself to-day in the British Open Golf Championship at Sandwich re turning a splendid eard of 69 for the second round. The American expert now leads the field by a margin of three strokes, his nearest opponent being, Percy Allias. who dupli- cated his performance of yester- day, requiring 71.

The British contingent are by 110 means out

of the struggle. although Gene

an

The gold standard remains the best available monotary mechanism, and is capable of achieving most of the advan- tages claimed for alternative standards, in the opinion of the experts responsible for drafting the final report of the Gold Delegation, appoint- In achieving their first countri

ed by the League of Nations

Sarazen is play- in 1929.

ing superbly con- championship victory of the season yesterday, Glamorgan force a dest Ambassador, Signår Bordonalce, that Britain has a good even The primary duty of the Delega-consistent golf

than days, The Cowbridge wicket ap-will take place on Saturday and chance of winning the trophy for tion was to investigate the use of and it will require

is remains will be given full the first time for longer than one gold and the probable production more

effort by cares to remember.

during the next few years, in an ordinary peared to have no ferroys for the military and muval honours Glamorgan batsmen, E. Davies

The only doubt now is regard- effort to estimate the accuracy of to overtake him. The Japanese acoring another century, but Le

When the body is taken fromjing our doubles pair. There is forecasts that the supply would

player, Miyamoto, WHIMS OF ITS OWN.

icester were always in difliculties

the Embassy 10 Westminster strong feeling in some quarters fall below the world's needs.

to stand The final report declares that, falled "You see," she used to say re- and in two innings scored only 152

Glamorgan won by an Cathedral for the first part of the that lan Collins and Dr. J. C.

service. there will be a military Gregory should be asked to compart from the considerations of the pace. He fol- fectively. "an aeroplane is rather uns.

and again when the re-bine in the expectation of playing the distribution of the world's lowed up his 79 feminine itself more than a prejnings and 186 runs.

are Sussex also forced an inuings'muias

taken to Victoria against America in the Intor-stocks of monetary gold, they are of yesterday with 80 to-day and It has peculiar im- rise machine.

no further Interest in the Zone Final..

adequate to support the world's has pulses and is subject tu whims of victory in two days, their victims Station.

The body will be taken by rail,

credit structure and the rapid de- tournament. its own. Which probably explains being Worcester, who now nerupy

eline of commodity prices cannot Tommy Armour, the American the foot or the table. K. S. Dule- to Dover, where a British warship || why flying is so fascinating.**

be attributed to any deficiency in holder of the title, went round in For all her charm, she was ex-psimahi, the Sussex skipper, com will be waiting to convey it to

the gold supply,

70 a feat which was dupliented by ceedingly competent, After spend- piled his first three-fixare score of Calais.-British Wireless.

Archie Compston. Charles Whit- According to the last balasreing a day in the air around Lethe current season, and Maurice

combe required 70. sheet, the Anglo-South American Bourget Field, she was driven Tate was also in capital form. Bank had assels of £70,000,000 and down at night by a storm.

It is noteworthy that "A" shares reached a value at one time last

IG per share. year of

They crashed to 2/6 when the position of the company was questioned last month, but recovered to 10% on the announcement of the Bank of Eng-

Jand's assistance.

Reuter.

But The South American tourists

a share capital of £5,500,000.—next morning she was up again for met defeat in the second match of another attempt at the endurance their tour, going down to the Gen- record. Then her motor weakened flemen of Somerset by eight before she did. -Router and N.BA, wickets. The visitors Kained

first inning advantage on the first: innings, bul failed to maintain their

farm- Details on Sports Page.

DE VALERA AND

OTTAWA

ARRIVING IN LONDON TO-DAY

London, dune 9.

Mr. de Valera is travelling from Ireland to London to-night to re-s

sume

STERILISATION

OF UNFIT

BRITAIN SETS UP ENQUIRY

HITLER'S COSTLY

OUTBURST

ARMAMENTS FIRM QUESTION

1

(Router's Special Service).

Munich, June 9. The fue imposed

Herr upon

London, June 9. discussions with British |

be A Committee to inquire into Ministers on the difficulties tween the two countries in rela-the sterilisation of mental defee-f

the B by tion to the negotiations in con-lives has been set nexion with the Ottawa Imperial Health Ministry, with Director Economic Conference. The Do.. G. Brack, the Chairman of the minions Secretary, Mr. J. 11. Board of Control, as Chairman. Thomas, and a representative of! It will examine and report on the Prime Minister will be among the information available regard-Hitler. the Nazi leader, for con- those meeting him when he aying hereditary transmission and tempt of court was five thousand rives at an early hour to-morrow. other causes of mental disorders marks, not one thousand.

of the This sharp reminder During the discussions, he will and be the luncheon guest of the sterilisation as preventative dignity of the Law Courts was Prime Minister at No. 10, Down measure, having regard 10 its visited upon Hitler when he was ing Street. It is expected that he physical, phsychologie and social appearing as a witness in a per-

effects, and the experience of jury trial and was asked by wil return to Dublin in the even legislation in other countries and Jewish counsol if he had received Ing-British Wireless,

any further lines of inquiry.money from a foreign armaments British Wirdess,

BODY FOUND IN HARBOUR

POLICE MAKE GRIM DISCOVERY

deficieners

and

AL

consider

11

Arm.

Hitler, very excitedly shouted that he would refuse to be In- not way near the Eastern Street suited by a Jow and would

questions.-

answer

further

wharf.

The body was absolutely naked, | Reuter-

but the man was graspiny a pair of trousers and a pair of shoes

the

In his hands. There was a small future allocations

A cerrespondent suggests that in from the Sunday cut on the forehead, but this Herald Charity Cup receipts The discovery of the body of appears to have been caused after Home for the Aged Poor and the an unknown Chinene flonting In death.

Tung War Hospitals should be sub- the water was made by the polico The body has since been re-stituted for the Missions to Soameni yesterday in the Southern Fair-moved to the Kowloon Mortuary, and the Soldiers' Home.

Britain.

escort

DOLLAR STILL UNCHANGED

LOCAL MARKET SHADE EASIER

PRINCE VISITS

DOCKLAND

PRICE LEVELS.

"SARAZEN"

70+60=130

The lending scores follow: The raising of existing price GREATLY INTERESTED

levels, which is admittedly deair-Gene Surazen IN SHIPPING. jable dnes not depend, according to Perey Allins

the Report, upon monetary policy London, June 9. H.R.H. the Prince of Wales to alone. Severtheless, the central Archie Compston

banks of the leading countries Charles Whitcombe day made a tour of the London Lought to encourage a freer use of Tommy Armour

credit and might also reduce the recognised reserve ratios.

Docks.

the head-

The Hongkong dollar again re- After inspecting mains unchanged to-lay, and the quarters of the Port Authority, he local market is a shade easier, went down river in a motor boal, with practically no business pass visiting, among other docks, thei Linge

loyal Victoria and Albert, the In London, silver Wits down King George the Fifth, the London 1/16th spot and unchanged for and the St. Katherine Docks and ward. China was smalt seller watched shipping loading and un- and Indin small buyer. The loading at 13 miles of berths.

steady. market closed quietly.

He also visited several ware- and vaults, displaying After the official fixing, there was houses no special feature.

the greatest interest in the various) Silver is down 1/8th in Newtivities of the great port.- York, where the market is dull.

British Wirelena.

71+71=142

74+70=144

71+73 144

75+70=145

TRAIN

ATTACKED

The main minority report, MUNITION

which is signed by the chair- man, Mr. Albert Janssen and, also the whole of the British representatives on the Delega- tion, asserts that the dominent

cause of the breakdown of the FIERCE BRUSH ON gold standard was the maldis. tribution of monetary gold sup- plies, beginning in 1929.

Both the majority and minority sections of the Delegation agree

Trouble

on

C.E.R.

Harbin, June 10.

the Chinese that among the practical remedies Eastern Railway has broken must be included an early settle- WAR DEBT QUERY(ment of international debts and out again, this time to the cast

serious mitigation of the restraints of. Imionpe. upon internation trade.—Renter.

ANSWERED

WHY BRITAIN HAD TO BORROW

London, June 9. Asked the amount included in Britain's war debt to the United States represented by guarantees for mutorini given by Britain supplied direct to France

Un

AMERICA'S GOLD LOSSES

RECORD EXPORT TO CONTINENT.

New York, June 9.

Outlining the Incident, Japanese reports declare that heavy casual- ties were inflicted. on the raiders while the Japanese losses totalled five killed and ten wounded,

It appears that an train was escorting an ainmunition train from Harbin to the scene of the war operations. It traveller! unhindered as far as Imienpo, but later the ammunition train was

armoured

the

French account, Major Elliot, "A now record for the year in furiously, attacked by about slx Financial Secretary to the gold our-marked for export has hundred anti Manchukuo forces Treasury, replied that the British been established during the past near Wokimono.

dofonded the The war debt to the United States week, with a loss to America of trala guards

trait against contained no specific items of the G$132,000,000, chiefly to France munitions kind referred to,

onslaught and held the attackers and Switzerland. The position was that if Britain The United States gold reserve at bay until the arrival of the had not received any calls for as-is now left with about $4,000,000, armoured train which had got

delayed. sistance from her Allies, it would 000, a reduction of G8500,000,000 alightly delar hours of Bghting, have been unnecessary for her to during the present year. It is The late Mr. E. R. Dovey ¡Gov- have asked for assistance from belfeved that foreign banka still the Chinese eventually withdrow have balances of 08800,000,000, leaving many casualifes on the ernment Analyst, whose death an- the UniteTBLUE

(Continued on Page 7) field. Reuter, "-y- curred yesterdayis

i

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