1932-10-07 — Page 15

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China Building. Hongkong,

for

legraph' lokflagskost, Lid, trest, Hongkong.

The

FINAL EDITION

Library, Supreme

Co

Hongkong Telegraph.

FOUNDED 1882

Na, 18818

£#O YŁAT*#* FRIDAY, OCTOBER 7, 1932.

十八初月九

· 334.00 PER ANNUM SINGLE COPY 10 CENTS

STRENGTH

FORT

FORT

DUNLOP

The Time off Rugged Strangth.

"South China Morning Post Elidy." Tel.`24584)

FIVE-POWER ARMS CONFERENCE HITCH DRAMA

ICE HOUSE STREET CRITICISM

BROKERS & MR. BRAGA

HISTORY OF THE BEAR OPERATIONS

NO RESENTMENT

The topic of conversation in Ice House Street this morning was the allegation of reprchen- sible "bear" tactics made at yesterday's meeting of the Legislative Council by the Hon. Mr. J. P. Braga in his remarks during the debate on the Budget Although the conconsue of apinion amongst brokers generalh in that the remarks were justified to a point there in a reluctance on the part of officials and, members of the Stack Exchange to air their views.

Mr. Braga's remarks go back to the Stock Exchange official cir sular of four weeks ago calling attention to bear tactics". The circular stated: "Perhaps it would' would Lo

exaggeration to say that Juring the past weeks the whole market SV N overshadowed by he bear tactics' staged against Cement and China Lights.

"NONDESCRIPT" GROUP, The motement would seem to have been started by what may

be descriptd ns

11

nondescript

One of the new Armstrong-Whitworth air-liners, of the Atalanta class, just delivered, built for service on the African route for the Imperial Always.

GUERILLA WAR IN MANCHURIA

YOUNG MARSHAL'S ADMISSION.

Peking, Oct. 7. "Restoré Manchuria to the Chi- nese and the existing chaos wit and the following day." declared Marshal Chang Hsuch-lang to- day, commenting on the Lytton Report and inferentially admit- ting that the Volunteer forces in Manchuria ory working under his direction.

wzrusza CAN CLI BAŠTA U PRAKASALOPET

WHO'S HOO?|

group in the street, who find Hongkong UNDER

scarcely any opposition, become bolder and bolder, and at one time were actually offering forward deliveries at lower rates than for: cash. Business at one time being reported at as low as $12.80 i Cement and $15.80 in Lights, both for September delivery.

CRITICISM!

LEAGUE DEBATES OPIUM LAWS "Meanwhile those who took no

Geneva, Oct. 6. part in what was passing were The Hongkong

Government watching this with puzzled aloof- Opium Monopoly was one of the ness in the endeavour to find out objects at which a complaint in what lay behind the movement, the League Assembly was in- When finally some buying orders cidentally tovalled to-day, did trickle into the Market, the downwards course was stayed, and both stocks closed higher than last

China has a privilege she does week."

not want. according to Dr. Hoo, Someone then took exception to who addressed the Assembly on the the word "nondescript", which, it subject of opium, and proposed the appears, was used only to show that those who were responsible complete prohibition of the sale for the move could not be classed of opium except for medical and merely as brokers or operatives,

scientific purposes.

that

He strongly protested against the attitude of "ecrtain Western Powers" in prohibiting the sale of opium within their own domestic sphere, but allowing it in their Colonies, in some cases only Ifj the purchaser is Chinese.

"Why this distinction?" asked.

SUPPLY AND DEMAND. A wellknown broker, in an inter- view, paved that one could not but admire Mr. Braga's bold ex- pression, and there was no doubt amongst the speculative public he would have many sympathisers. But the

main trouble lay in the question of the law of suppy and cemand and the did

think the charge "China has never claimed such #hould have been levelled entirely a privilege," he asserted.-Reuter.. ut the brokers.

not

After

all,!

the market had been overshadowed

during the past twelve months

with the many political and economic changes although the

HOME FOOTBALL

INTERPORT TENNIS SURPRISE

DISAPPOINTMENT FOR

HONGKONG

NO LADIES' TEAM COMING DOWN

en-

MARTIN INSULL SURRENDERS

CHICAGO CRASH SEQUEL.

The Governor of linals Ís Recking the arrest of Bir. Samuel Insul, who has taken refuge in France since the collapse of his enormous Chicago uulity сол

сетия.

Mr. Martin Inqull has gur. rendered to the Canadian police.

REACHING FOR THE MOON

}

ROCKET EXPERIMENT EXPLOSION

Full story will be found on Page FAILURE OF THE

Seven.

}

MONGOLS THREATEN HAILAR

STARTLING. STORY FROM HARBIN

COMPLICATIONS FOR MANCHUKUO

an

FIRST TEST

(Our Own Correspondent).

London, Oct. 7.

A shattering explosion put

Sokolnikoff, Soviet Ambassador in London, who is being relieved at his own roquest.

end to. much-heralded HITLER'S

rocket experiments in East Prussia to-day.

GREAT

The first test of a new rocket DRIVE

invention by

Dr. Johannes

Winkler ended in a complete that a serious disaster did not failure; it was, indeed, forttinate

occur.

TO "SWEEP ASIDE" OPPOSITION

Munich, Oct. 6.

MAY NOW NEVER BE HELD

POSTPONEMENT MYSTERY

LORD TYRRELL VISITS M. HERRIOT

FLUTTERING IN DOVECOTES

Paris, Oct. 6.

A serious hitch in the arrangements for the pro» ' posed Five-Power Arms Con- ference is suggested by

a communique announcing Dr. Winkler's giant rocket,

that the British Ambassador, which was expected to reach &

Lord Tyrrell, has informed height of six miles in a hundred all previous electioneering decided to postpone the pro- The Nazis are surpassing M. Herriot that Britain has seconds in the course of a journey

to the stratosphere, where it was campaigns in

exceed the height effort to secure an outright

a gigantic posed date of the Conference. reached by Professor Piccard in

At Geneva, a vory aarious view

his balloon, exploded with a deafon majority in the forthcoming is taken of the development. ing noise at a height of forty-five elections to the Reichstag.

(Special to "Telegraph".)

Peking, Oct. 7. Serious

developments, expected to possibly involving the Soviet, are threatened in North Manchuria, assuming the reliady of a special despatch to the Chen Pao, published this morning.

foot.

NEAR DISASTER.

"I will sweep aside all opposition and take over the Government in November," Hitler told a conference of the Purty.

In the course of a fiery fighting

IL

* suggested in League circles that he postponement of the Con- ference is understood to be sine lie.

If it had been twenty fent nearer (Our Own Correspondent).

to the ground, members of the

There are very grave doubts erowd watching the experiment

at Geneva `as to whether the 'Shanghai, Oct. 7.

The report is from Harbin und must have been badly hurt.

Conference will ever be held. The rocket was fired off from a speech, Hitler disclosed his cam the British Government had pre it states that persistent rumours point near Pillau, in East Prussia.paign plans, stating that more pro-viously been hoping that it would An important decision are circulating here that the Outer The lower part of the rocket, con-paganda meetings

Reuter learns in London that vhich may cause consider- Monoglina Red Army, in co-opera-taining the combustion ible disappointment to tion

were being be possible to hold the conference with Buriat troops.

chamber, arranged

than ever before in are burst into splinters, not apparently German history.. Jongkong tennis

attacking the Barga Mongols, being strong enough to hold the

jin London next week. thusiasts was taken at last stated to be the establishment of

The purpose of the campaign is powerful charge.

All of the Party chiefs, who

OSTENSIBLE REASON. night's

show signs of flagging under the meeting of the an autonomous government for all

pressure to be applied in the next postponement is the time taken by The ostensible reason for tho Lawn Shanghai

Tennis Mongolia.

faw weeks will be dismissed, Association.

"Huge funds will be utilised British and other governments, the communications between the The despatch adds that if the

and nothing will be overlooked which are stated to be continu- The committee met for the reports are true, thoro will ba

that will contribute to victory. purpose of selecting the teams serious complications for the Man- or the Interport matches in chukuo Government and thus for Longkong and after a lengthy Japan, no the Barga Mongols, with liscussion it was decided that their capital at Hailar on the here should be no ladice' team. Chinese Eastern Railway are under disappoint Hongkong in that it

Shanghai will also probably Manchukuo protection.

The Buriats are a warlike Mon-

The originator of the inven tion hoped that the rocket would prove the fore-runner of developments enabling man to reach the moon in from three to four days.

It is popularly believed that Hugenborg. the great financial. magnate, is backing Hitler, It was intended that the rocket Presidential elections-Reuter.

although he opposed him in the should return to earth with the aid of a parachute attachment device, no that the recording instrumenti intact.

Ing.

The consultations are being pursued with the other Powers with the intention of bringing about a meeting if it is any way possible, but there is. rea- Eon to believe that some very struction to Lord Tyrrell to an- nounce a postponement to the French Premier.

as been found impossible to send golian tribe living in Siberia and contained at the top should remain SOVIET PLAYS AT Tave reason prompted the in- own the best of the Shanghai they have a strong unit In the Choo Hooi-hye nen pinyers. Neither Duff nor Soviet Red Army-Reuter,

can make the

ourney,

The team WAR selected 'ollows:

R.A. Wade (Captain),

Gordon Lum,

"Guy" Cheng,..

Canavarro.

HUGE DANISH BRIDGE

The players will leave for Hong- BRITISH FIRM TO GET 'cong aboard the President Hoover. he on October 15.

PRINCE GEORGE

The whole experiment ended in

a bad failure, but Professor Winkler! again.

GENERAL POST

expressed his determination to try AMBASSADOR IN LONDON

IRISH DELEGATES FOR LONDON

MR. THOMAS GIVES WARNING

to

TO BE RELIEVED

speculation regarding the events "There is, of course, considerable

of yesterday, but no definite clue has been obtained.

EQUALITY DEMAND.

Moscow, Oct. 6. A sort of General Post 1s

The purpose of the proposed proceeding among Soviet Am-conference, to which Invitations bassadors as the result of the were extended by Great Britain, retirements of M. Sokolnikoff, was a frank discussion of Ger- the Soviet Ambassador in Lon-many's arma equality demand with don, and M. Kursky, the Soviet a view to securing hor return to Ambassador in Rome.

the Disarmament Conforence,

CONTRACT

London, Oct. 6. According to an announcerzent mado this evening by the Danish Ministry of Public Works, negotia-

The official decreo, announcing The Wilhelmstrasso revealed no |tions regarding the creation of a

London, Oct. 7.

that they are being relieved, states enthusiasm when the proposal was ENGAGEMENT RUMOUR Brent bridge over the Storstroem-

men have advanced greatly dur-has announced the delegates

The Irish Free State Cabinet request.

that they are retiring at their own placed before her early this week IN SWEDEN ing the visit of Mr. Mitchell, the Land Annuities Conference to Minister in Finland will succeed M, communication from Germany.-- and It is taken for granted that Chairman of Dorman Long, Ltd., be held in London next week, as Sokolnikoff In London

M. Malaky, who is at present the postponement la due to some Stockholm, Oct. 1.

the famous Middlesborough eng follows: The engagement of Prince incers.

and Router. At the moment, the speculative

George of England, youngest son of

Potemkin, the Minister in Greece, public is marking time and

Mr. Eamon, de Valera, President has been appointed to Rome. With only minor alterations, the King George V and Queen Mary,

of Council, consequently tho market is

Playing at Nottingham to-day into Princess Ingrid, of Sweden, was plans for the bridge submitted by

M. Davtian, Minister to Persia, In a very sensitive state, so that the Second Division of the Foot expected to be announced officially Dorman Long, and the prices for

will succoed M. Potenkin at Athens. ball League, Notte County and on Tuesday, it was fearned to-day," various sections of the work for

-Reulor, Princes George la 29 years of the bridge, which involves n age.—Manila Bulletin.

£2,000,000 contract, will begin at зn carly date.

The bridge will be one of tho argast of its kind in the world—

market had re-acted to low levele, BURY FORCE DRAW AT

confidence at any time might be restored.

NOTTINGHAM

London, Oct. 6.

the slightest pressure either way. Bury shared the points, each side either by "bulls" or beara", has a marked effect, and stocks are scoring twice.-Reuter,

liable to rather unusual fuetua- tion, for no really apparent reason.

THE "BULLS & "BEARS".

In all the stock markets of the world thoro were professional; "bears", just as there, were pro- fessional "bulla", and one could not therefore deprecate the netlona of the dears" when there was an opportunity that suited their position. Brokers generally pre

CRACK MONOPLANES FOR IMPERIAL British Wirelens.

AIRWAYS CAPE SERVICE

150 M.P.H. MACHINES: THE LATEST LINK

London, Oct. 6. Threo of the fleet of eight now

ferred a "bull" market, as also did monoplanes, the first monoplanes

wore

50 miles per hour. The mono. vines and is capable of flying at planes are luxuriously equipped

FIGHTING PLANES FOR CHINA

HONAN'S CIFŤ TO NANKING

4

•

Mr.

A

McEntec.

Minister

of

Finance, Mr. Conor Macguire, Attorney-

General,

Mr. Geoghegan, Justice.

Minister of

TOY REVOLVER IN KIT

MASK AND TORCH

KING RECEIVES CRIPPLE

A NEW ZEALAND

MINISTER

Lndon, Oct. 6

Attorney General for New Zealand. carried into the Palace in a chair.. Mr. Mr. Stowart, who is crippled, was The King also recolved Mr.

Although the meeting will dis cuss the financial differences, said Mr. J. H. Thomas, speaking at

HL M. the King, at Buckinghamı Newport to-day, referring to the,

Palace Lo-day, received Mr. Downlo resumption of negotiatione,

Bolleved to be the member of a Stewart, Minister of Finance and the gang of armed robbers, a young British Government's representa- Chinese appeared before tives will boar in mind the still Wynne-Jones at the Contral Police wider issues of the maintenance Court this morning on a charge of for the obligations under the possession of a dagger, and was Alexander Park, Secretary of the Treaty of 1921 and the future re-sentenced to six months hard New Zealand Treasury, who was. lationship of the Irish Free State labour, within the British Commonwealth. -Reuter.

Invested with the C.M.G., and Lady In-All Shah, mother of the Ara Khan, who was invested with the Insignia of the Order of the Crown of India-British Wirolesa,

Dotective Sergeant Fowlie formed his Worship that the defendant was arrested in Calne Road on Monday afternoon with

the majority of the general public, to be used by the Imperial Air and it fe expected that the whole because both sections benefitted. ways, have boon dollvered at the fleet will be in service by the end Business ther became mar London Air Park for service on of the year, voluminous and everyone

Nanking. Oct. 7. was the Croydon-Capetown route. happler, and if the truth

A weekly nir-mail servics has Realising the Indoquaey O' known actually the majorit

They are known as the Atalanta boon established between Brokerimałe n'a faman, Ronan Province brokers worked for a "bullish" designed for flying in the Tropies Elizabethville, Belgian Congo, co vate contributions and has pur-arts to hulee them to Honan rat girdio. Subsequently when the shes and have been specially will. Northern Rhodosta, and has raised $300,000 through pri Anton Bureau in sanding ex- the dagger in a paper shoaf in bla

by the Armstrong-Whitworth Air- nocting with the England-South "hased three fighting planes for 'n order that the Hanan · nubile police searched a suitcase belong the anticyclone has extended cast-i Those who "boar", on the other craft Company.

mady ulam their densted machining to the defendant at 14, Tal words to Japan, Moderate monsoon The Royal Observatory reports that hand, were favariably in the

African air mail which lanves, “be Chloées Covernment, Each plane has four double Croydon (Continued on Page 14.)

ofter which the planes will fly to Ping Shan Street, they found a toy will prevall over the Northern China every Armstrong Siddeley Mongoose en- | British Wireless.

The machines have already antige to fain the regular Air evolver, a mask and two electric SeaLocal forcant be NA Wednesday,

arrived - In-Shanghai, and the Force-Reuter.

torches.

moderate; falz,

market.

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