1933-04-20 — Page 1

PLUMBING

Dollar on Demand ---19. 191⁄2d,

T. T. on New York:Hasayong Telegraph" Lighting UseChfa40 Märning Post, Ltd, High Water: wildham Street, Hongkong

The

FIRST EDITION

Libfary, Supreme

Court

Hongkong Telegraph.

C. E. WARREN & CO., LTD.

China Building, Hongkong.

No: 10061

roundenies 四拜 號十二月四英港香 THURSDAY, APRIL 20, 1933.

BINELE COPY. 10 CENTS

日六廿三 2 SILIS PER ANNUM

BASIC

VALUE

SEE

LW PRICES

OF

WHITEAWAYS

Basic Values

Oa Pago

UNITED STATES GOES OFF THE GOLD STANDARD

President Roosevelt Granted Inflation

Inflation Dictatorship

MOSCOW PRISONERS

A PETITION FOR COMMUTATION

SOVIET ACTION AWAITED

(Special to "Telegraph”)

eleginth. Copyright. Telegraphic Mer mure Ordinance, 119). Recrijed, Aprit |

3.10 ..}

London, April. 20..

It is learned from reliable sources that representations are being made to the Soviet Govern- ment for the commutation of the prison sentences on Messrs. Mac- Donald and Thornton,

Mr. W. H. Woodin, U.S. Secretary to the Treasury, who has probably the most difficult task in the Roose volt Cabinet in grappling with the financial cris

Well-informed circles anticipate CHINA RIGHTS

that the embargo placed upon the importation of Russian goods will be withdrawn Immediately if Thornton and MacDonald are re- lensed.

It is considered that there is a good prospect of auccess for the efforts which are being made.

RAW COTTON.

Meanwhile, considerable

in-1

IN SHANGHAI

FACTORY INSPECTION PROTESTS

terest is boing taken in the effects STATEMENT TO BE

of the trade embargo,

It is pointed out that the amount of raw cotton exported from Bussin to Lancashire has extend- ed a good deal in recent years and that the crabargo will affect many interests in the North of England, spinners, weavers, brokers shippers, all being more or concerned.

ISSUED

(Special to "Talograph”)

Received. April

und leas

(Telegraph, Copyright. Ordinance, 18. ungen 20, 7.12 .m.)

Telegraphic

EFFECT ON LANCASHIRE. The big Lancashire Cotton Cor- poration which uses Russian col- ton states that they have found it vory satisfactory and a good mixer, but they can do without it if it rises to any extent...

A prominent Manchester spin- ner, while thinking well of Rus-

Shanghai, Apr. 20. The City Government of Greater issuing state- Shanghai is

em-

ment to-day On the action of foreign ratepayers which powers the Municipal Council to conduct factory inspection in the International Settlement.

Interviewed by the Press, the

EXCITEMENT IN WALL STREET

SHARES SOAR: DOLLAR DEPRECIATION

THE GOLD EMBARGO

RESTORED

(SPECIAL TO “TELEGRAPH")

(By Telegraph. Copyright, Telegraphic Messages Ordinance, 1894. Received, April 20, 9.45 am.)

WASHINGTON, APR. 19. AMERICA HAS AGAIN GONE OFF THE GOLD : STANDARD. STOCK PRICES ARE SOARING, A POLICY OF INFLATON IS PREDICTED AND THE EXCHANGE MARKET HAS GONE HEAVILY" AGAINST THE UNITED STATES.

The pound sterling soared to a record level for eighteen months, the announcement of the restoration of the gold embargo being followed by a rise of thirty cents to G$3.82, although it later reacted to G$3.75./

European gold currencies also shot far above the theoretical gold export point.

The main feature of the surprise development, how ever, was a rapid advance in the commodity markets and on the Stock Exchange, where the turnover totalled over five million shares, the largest since September last

year.

WIDE POWERS FOR PRESIDENT

Mr. Frenklin Roosevelt..

CHAOS IN MANCHURIA

HOSTILE FORCES ACTIVE

STRIKE THREAT - PROCLAMATION

Harbin, Apr. 20.

SUSPICION

OF JAPAN

INTEREST IN DUTCH EAST INDIES

OIL SUPPLY FOR WARSHIPS

The Hague, Apr. 19.

An allegation that Japan is beginning to take a dangerous interest in the Dutch East Indies

was made by the Socialist leader, Prince Wilhelm, the ex-Kaleor's Dr. Mendels, in the Upper Cham favourite grandion, whose engage- bor during a discussion on thement to a commoner has caused much

heartburning at Doory. East Indies budget.

The speaker drew attention to

| Japan's need for a regular supply

of oil for her warships and also to her desire to crente settlements in Now Guinea.

KAISER'S

The Colonial Minister, Heer De GRANDSON

Graaf, replied that the Government was vigilant. The same laws, how- ever, applied to Japan as to ether. countries.

On the question of rubber re-

BETROTHED

striction, the Colonial Minister MONARCH OF DOORN ·

said that the problem was inter- national in character, and only when a definite resolution TVH taken by those concerned could the Another sanguinary encounter government consider tho prac is threatened in East Manchuria ticability of the schemes submitted where a large force of anti-Man- to it.-Reuter. chukue troops are masssing with

AGGRIEVED

MESALLIANCE

Amsterdam, Apr. 19.

the object of attacking Tung ANOTHER CLASSIC of Prince Wilhelm, the eldest son ning.

Tungning is a town near the Soviet border about twenty-five! miles to the south of Sulfenho, the

eastern terminus of the

Chinese Eastern Railway.

FOR AMERICA

WOMAN'S VICTORY AT EPSOM

The ex-Kaiser is reported to be very aggrieved: at the betrothal of the Crown Prince, and his to Miss favourite grandson, Dorothy von Salvaiti.

Miss von Salvalti is a descen- dant of an old Italian aristocratic. family, which migrated to Prusain The Japanese commander of the!

in the time of Frederick the Great. Manchukuo frontièr guards

Prince Wilhelm, by his action, Suffenho has issued a proclama- (Special to "Telograph")

has broken the rule of the house tion declaring that the ringlenders

#Telegraph, Copyright. Telegraphic Mea of the Hohenzollerus which forbids and any participants in any strike open Ordiname, 1891. Received April its members to by employees of the Chinese 40, 38 am Eastern Railway intended to dia- locate the C.E.R. service will be

Stock Market prices jumped amendment to the Farm Bill.-severely punished. sian cotton, does not think that Secretary General of the Chinese from one to eleven points in the Reuter,

the embargo will affect Lanca- shire harmfully in view of the low prices of American raw cotton.- Router.

COMMUTATION LIKELY.

Moscow, Apr. 19. Mr. Braude, it is learned, has presented a petition to the Central Executive Committee of the Soviet A com- Government asking for mutation of the sentences passed upon Messrs. Thornton and Mac- Donald,

It is expected that the petition will be granted and that the sen- tences will be commuted to life banishment.-Reuter.

PROBABLE BOYCOTT.

London, April 19.

It was officially announced at 12.30 am, this morning that a meeting of the Privy Council has been summoned for later to-day (Continued on Page 7.)

FEROCIOUS LOOK OF D.C.I.

BEGGAR WOMAN'S

"FEARS”

Mr. W. R. Scott, Director of Criminal Intelligence, gava evid- enco before Mr. Wynne-Jones in the Contral Polica Court this morning, against a woman charg ed with begging outalde the Hong- kong Hotel,

Mr. Scott said he was waiting in his car outside the Hotel yoster- day, when defendant put her head in the car and said "Cumshaw, mo- faan sik" He got out and she ran away, but was arrested by an Indian constable.

The woman said she ran because she thought Mr. Scott was going to assult her, as "the European had such a ferocious look in his face!"

conviction

-Was

A provious proved, and defondant also admit- ted that she had boeri sont to Can- ton last month.

A fine of $10 or fourteen "days"

unol was imposed,

inflationary tidal Wave which followed the dramatic official no-

nouncement,

SILVER'S RISE.

TIMBERYARDS FIRED.

rank."

marry "below

SECRET HOPE.

London, Apr. 19. Angthor wealthy American England's biggest race classics to. day when Mrs. Chester Beatty re- Apparently the ex-Kaiser was Bankers' Association and one of

peated in the City and Suburban not asked to consent to this the Chinese committee

Meanwhile, a large number of Handicap the Grand National mesalliance which bars Prince meta-

It is belloved that it was the In London, the American dollar bandits are active along the cast- triumph of Mrs. Ambrose Clark. Wilhelm's accession to the throne. Council expressed bers of the

Mr Beatty won the City and Опе is very erratic and although bignern section of the CER the belief that such an action, f

the huge timber- Suburban at Epsom with Great secret hope of the former German Wheat, cotton, silver, rubber rates appear to have prevailed body raided enforced, will arouse Perious

in New York, business was donc Farda at Tigrovayapad, fifteen Scot, which brought off a brilliant Monarch that Prince Wilhelm reactions in the Chinese-factories and other commodity prices also in London at C$3.55%. There milos to the north of Shihtachotze, surprise win starting at twenty to should one day become Emperor

one and winning cleverly by a of Germany.--Reuter, Settlement 18 operating in the

rose sharply, as the result of le a suggestion that control is which they set on fire and length from Mr. Benson's Pom- well; us protests from the

being exercised in London to pre-stroyed. Government of Greater Shanghai. Įspeculative buying..

vent undue fluctuation.

They also derailed and subject-mane. Colonel Loder's Colorado ed to a heavy fusillade of bullets Kid was third-Reuter. Silver prices advanced 7/10 a train running on the C.E.R. Although the dollar has slumped both ready and forward, the re- Several persons on the train were CHINESE. DEFENCE netion of the Municipal Council constitutes a violation of the ad remarkably in terms of gold ex-sult of a little American buying killed and many wounded. Reuter. ministrative control of the Chi-change value, bankers are of the with small nese factories and Chinese work- opinion that it is unlikely to re-After the official fixing, the market ers in foreign factories in the Set-main at a heavy discount for long firm with America a strong buyer. tlement.-Reuter.

City

Such a protest would be based

on the ground that the proposer

RAIN-RUINED BASEBALL

ONLY TWO MATCHES PLAYED

New York, Apr. 19, Another wash-out!

A rain ruined programme again

DOLLAR SLUMP.

in view of Amerien's favourable balance of trade.-Reuter.

EARMARKED GOLD.

that Mr. Woodin stated

amounts offerings

de-

In New York, silver jumped "DEPORTEE" WINS

from 29 to 31% and the market was frm.

STOCK JUMPS.

CASE

BANISHMENT ORDER

INVALID

COLLAPSE

REORGANISATION EFFORTS

BISLEY RIFLE MEETING

CHINA TREATY PORTS ENTRY

(Special to "Telugraph”)

(Telegraph, Copyright,

Orifinance. 1295,

it

segre

. .)

Telegraphic icon

Received, April

Peking, Apr. 20,

consod has Fighting

Lulung follo- Chienansies and wing the collapse of the Chinese

China Trenty Ports, after a lapse defonce lines. The forces under of five years, are again to be re- Generals Soong Chih-yuan, Ho!

aro

to

mer.

Shanghai, Apr. 20.

Washington, Apr. 19. Immediately after President Roosevelt had issued the pro- clamation announcing the restorn- The abandonment of efforts to tion of the gold embargo, Mr.stabilise the dollar was the prin- William H. Woodin, Secretary of cipal cause of the sharp rise, the Treasury Department, ad-while the embargo decision was mitted that the decision could only followed by Stock Market activity,

Chu-kuo, Chang Shan, Peng Ping-presented at the Bibley rifle moet- ing, four of the most accomplished bo interpreted as meaning that which was also stimulated by the

shuen

endeavouring

· ORDINANCE NOT

shots of the Shanghai Rifle Asso- the United States had gone off the expansion of automobile produc-

reotganise the defeated Chinos clation having found it possible to gold standard.

tion, some of the companies now COMPLIED WITH

troops

Luan Ho west of

and arrange for Home, leave so as to the working overtime. American Cans

defensive strongthen

new

be able to shoot there thin sum- roso more than six points to 70, When the case ngainst Kwok positions there.

Chinese authorities are becom-) re-American Smelting from 20.3/8 Ping was resumed at the Criminal

Though entered according to re- featured National and American

of a deportation order, his Lord-

possibility of fighting being will be an all-Shanghai represen-, man koduks from 53 to 574 ship Mr. Justice Wood, acting spread from Luanchow to Peking tation, three out of the four be being played. In the National mit the oxport of the gold which United States Steel to 38, East-

Corn Products by five points, and Chief Justice, found after

CON- and

Tientsin. Some wealthying Shanghat Volunteers, and the league the Philadelphia-New York is already ear-marked. encounter was abandoned, and in Legislation will be introduced Allied Chemicals from 83% to aideration of points raised by Mr Chinese families are loving Pok- fourth, a member of the Shanghai the American, Boston at Washing-1 in Congress, probably to-day, 802.

H. C. Macanamera for the defence ton. Detroit at Cleveland and Philadelphia at New York, wore all postponed owing to rain.

In the only American League to

pitched Lyоank game played.. magnificoutly and blanked out St. Louis,

NATIONAL LEAGUE.

league baseball, only two matches/gulations would be issued to per- to 26 7/8. Du Ponts from 14 to 50. Sessions this morning for brench ing more apprehensivo over the gulations as a Treaty Ports team.

Boston Brooklyn

R. H. E.

1 1.8

2 G 1

AMERICAN League,

Chicago

3 7

1

St. Louis

2

giving President Roosevelt n virtual inflation dictatorship.

LOCAL ESTATE An amendment to the Farm Bill' give President Roosevelt broad

powers to inflato the

currency

South Municipal Folice.--Renter.

that there was no caso to go tong for Shanghai and

China-Special. the jury

At yesterday's hearing Mr. Mace namora submitted there was

no

CITIZEN'S RIGHT

Case to answer as the Order under

was not a valid one.

hae been drafted by Senator MR. LO CHUNG-KUE LEAVES which the banishment was affected] Thomas and Administration ad- visers for the approval of Pre- sident Roosevelt.

SILVER FOR WAR DEBTS?

$470,000

1,

This morning his Lordship said

the Crown in reply to Mr. Mar

La Chung-kuo alias Lo Tack-yin, namara'a submission contender

catato

ENTITLED TO AN EXPLANATION

In bunches in Arbuthnot Road and paused remarks about girls leav ing school.

The Congorat said he warned defendant and others, to stop mak- wing a noise, As he was walking

up the stops of Victorin Gaol, de Holding that a person had fendant took hold of his sleeve and late of 97. Caine Road, who died that the Court would not consider right to ask a Police officer what asked him what was the mattor. Besides permitting the Pre on September 18th, 1992, loft local the point of the defence in the he or she had been "tleked off" Witness slipped and fell down presont proceedings or any pro for, Mr. Wynne-Jones In the Ceo injuring his art and log. Ho sident to issue currency at his

sworn under $479,000 ceedings whatsoover. The Crown tral Magistracy this morning dis chased defendant who blow his discretion, the measure could pro- vide for the acceptance of silver Probate of the will of deceased rolled in that portion of its argu-missed a charge of assault brought Police whistles h

The Magistrato If a Sergeant in payment of war debts under has been granted to Lo Kun-un, meat on section 12 (1) of the De-against Chan Loi, a Prlson De- -Router certain conditions and also for a and Lo Kaon-kan, sons of deceased, portation Ordinance 1017, which partment moss-boy, by an Indian told me: to shut up 1 would cer stated: "In any proceedings what Police Corporal. Defendant was tainly ask him what it was all reduction in the gold content of of 97, Caine Road.

soever a Deportation Order signed advised to bohave himself in the about. i tanke query by the Clerk of Councilschall street in futuro and to leave girls Inspector Brennan submitted it Mr. S. Dale, of Messrs. Leigh and the dollar by International agree-

A 9-year-old girl Yip Yuen, was be deemed conclusive evidence alone.

was the constables duty to stop Orange, has reported to the Polleoment or otherwise-Reuter.

Later. Injured by being knocked down by that the Deportation Order Inspector Brannan stated that these people from passing remarks the loss of a gold watch while pro It is understood that President lorry in Pitt Brent yesterday. She

(Continued on. Page 7);" people like defendant gathered against school girls. Roosevelt has sanctioned the was taken to the Howloon Tipspital

ccoding between Lyemun Villan nod the P. & O. Bank, yesterday.