1933-06-12 — Page 13

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Hongkong Telegraph.

FOUNDED 1881

No. 14013

— —†ÃXX MONDAY, JUNE 12, 1933.

日十二月五

BINGLE COP? 10 CENTS

1:4,60 PER ANNUM

All that is known about tyre making is embodied in

DUNLOP TYRES

SILVER STABILISATION ACCORD REVELATION

AIR DASH ΤΟ CABINET

MEETING

IMPORTANT WAR DEBT

DEVELOPMENT

SIR JOHN SIMON

RECALLED

London, June 11.

Sir John Simon, the Foreign Minister, who was taking a wock, end holiday at Le Touquet and

Tentative Agreement

Reached at Washington

H.M.S. Eagle, oon of Britain's biggest aircraft-carriors, shown in the Harbour, with H.M.S. Harmes, which she is relieving on the China Station, The Hermes sailed for England this morning.

who was not due to return to IRISH CIVIL WAR

England until to-morrow, WEB urgently summoned this after- noon and travelled immediately by special plane.

Sir John was needed in London for a suddenly called meeting of the war debtà committee of the Cabinet, at which Mr. Ramsuy MacDonald, Mr. Neville Chamber- lain and Mr. Walter Runelman were present.

DANGER

GUN-RUNNING ON CORK COAST

SPLIT IN I.R.A.

The meeting Insted for well over an hour, and although no inkling

London, June 12. has been given of the reason for the sudden conference, the cir- A grave threat of civil war cumstances are held to denote de-in the Irish Free State is velopments in the war debt dis-envisaged by the Dublin

cussions with Washington.

WASHINGTON Confirms.

'States a token payment of £2,000;<

correspondent of the London

A message from Washington Morning Post.

·seems to confirm the week-end ro- It is stated that as a sequel to ports that the British Cabinet has the Roman Catholic hierarchy's tentatively...offered the United denunciations of Communism, 000 on account of the June instal- there has been a split at the head- The Washington message says quarters of the Irish Republican that President Roosevelt's assist-Army, some of the most prominent ants and advisers are now study leaders of which have broken away ing the legality of any part pay in the hope of being able to form ment of war debts and whether a Red Army.

ment of the war debt.

the acceptance of a part payment The Red Army will, it is stated. would constitute tacit approval of net under the inspiration of the the non-payment of the balance.

newly-formed Irish Communist Party.

LAUSANNE INFLUENCE. "Tho ̄Issue ̈is ̄also the subject-of|

The situation has been greatly comment in the American news-] papers. The Baltimore Sun, for complicated by extensive gun instance, believes that any ten per running on the South Coast cent. offer might crente political complications since it would seem

to be based upon the Lausajno Pact.

Ireland.

MILITARY ACTIVITY.

of

The he-

WORLD FAIR AIR

TRAGEDY

TEN KILLED IN A CRASH

Chicago, June 12. Eight passengers, visitors to the World Fair at

الت

Chicago, and two pllots were killed yesterday when an amphibian plane crashed in flames in a high wind. Reuter.

BRILLIANT FLIGHT

SEVILLE TO CUBA

IN 36 HOURS

DISTANCE RECORD NOT BROKEN

TO LOOM LARGE IN LONDON

DELEGATES POUR IN FOR

THE CONFERENCE

The World Economic Conference, most important international gathering since the Versailles Peace Con- ference, will be opened in London to-day by his Majesty the King.

Delegates from sixty-six nations have been pouring into London during the week-end and the stage is now practically set.

The main tasks before the gathering, as fore- shadowed by the preliminary Washington

T. V. SOONG AT CHEQUERS

CORDIAL TALK WITH MR. MACDONALD

(Special tu "Telegraph") Telegraph, Copyright. "Telegraphio Messages Ordines, 113I. Received June!

{By

London, June 11. During his visit to Chequers to-day, Mr. T. V. Soong. China's Finance Minister, had a long and cordial conversation with Mr. Ramsay MacDonald concerning Anglo-Chinese rolations, and conditions in the Far East.

Mr. Soong to-night dined with Lord Astor.-Reuter.

AIR CRASH

BROWN TERROR IN MUNICH

SMASH CATHOLIC CONGRESS

POLICE FUTILE STREET ATTACKS ON DELEGATES

Munich, June 11. Shocking scenes of vio- lence were witnessed in Munich to-day when the Brown Terror swept 'down upon the Catholic CongreBS of Apprentices and Journey.

mon.

The Congress was completely broken up by the violence of the

and thousands of

tions, are a removal of trade barriers, exchange restricAT LISBON legates, including the Vice-Chan-

tions, quota systems, and tariffs, agreements for a com- mon monetary policy, including more liberal credit and lower rates of interest on long-term investment, and the creation of a demand for credit by increased public expenditure.

EUROPEAN STATESMEN ARRIVE

PRESIDENT HAS A CLOSE SHAVE

PLANE WRECKED TEN YARDS AWAY

cellor of the Reich, Captain von Papen, hastily loft Munich.

were the result of the objection of It is alleged that the disorders

the Nazis to the wearing of uni forms by the delegates,

DELEGATE KILLED..

The Nazis attacked the delegates viciously in the streets and drag- ged others from thatr beds. Lisbon, June 11.

One delegate died after being. London, June 11. money issued varied. The Federal The officials of six Embassies Reserve Bank was required to keep very narrow escape;

President Carmona had a cruelly beaten up outside the

Cathedral. were among the throngs which a gold reserve of forty per cent, of

from awaited a single train arriving at ito Federal Reserve notes in actual death 'to-day when an aero-vens were futile against the or Attempts by the police to inter- Victoria to night, bringing, M. circulation. Gold certificates were plane crashed no more than gantsed Brown Shirts' onslaughts, Dalidier, the French Premier, to-backed dollar for dollar by gold gether with the French delegation, but National. Bank notes hud in ten yards away from where which were even directed against

he was standing.

the delegates from Italy, Czecho Slovakia (with Dr. Bones at its head), Roumania, Portugual and Yugo-Slavla.

The train's arrival wound up a day of almost continual arrival of foreign delegates,

Turkey's chief delegate is - the | Foreign Minister, Tewak. Rushdi

Bey-Reuter.

SILVER RESERVES.

Havana, June 11. The two Spanish airmen, Cap-| tain Barbaran-and--Lieutenant-American delegates to the World Collar, who left Seville at 4.55 Economic Conference have revealed a.m. yesterday in an attempt to that President Roosevelt reached an beat the British long-distance Informal accord with some of the flight record, failed in their ob-visited the White House with res

foreign statesmen who recently jective.

pect to the use of allver in central bank reserves.

It is reported that large car- They were, however, responsible The London Morning Post de- goes of arms and ammunition for a wonderful east to west flight

of across the Atlantic. clared on Saturday that if the Bri- were landed along the const tlah offer was refused, the Bri-Cork County last week.. tish Government would probably origin of these supplies is make use of the right accorded by lieved to be Soviet Russia. Congress to make the June pay- ment in silver, which would mean that the full instalment would be met at a cost of only £12,000,000 in-. stead of £19,000,000.

The Government would probably make use of the Indian Govern- mont's surplus silver for the pur- :post.

EUROPEAN

There is great military activity at Cork and at Waterford.

Irish Free State aeroplanes aro patrolling the coast watching for gun-running vessels.-Reuter.

DYNAMITE TRAP FOR CAR

RUNS INTO AUSTRIAN LEADER HAS! AUSTRIAN LEADER HAS] NARROW ESCAPE

SHOP FRONT,

MISHAP DUE TO GREASY ROAD

WANCHAI SMASH

Vienna, June 12.

an

An attempt was made at mid- night to assassinate Dr. Rintelen, the local governor of Styria, ex-Minister of Education, who was motoring from Bruckandermur to Graz,

Mr.

Mr. Nevilla Chamberlain and

Walter Runelman,

upon whom the brunt of the work of the British delegation will fall.

NOT ADOPTED,

The Portuguese leader, together with members of the Governmont and of the Diplomatic Corps, were watching a stunt. flying competi tion at the time of the mishap.

Catholic priests.

The Nazis prevented the Arch- Mass for the delegates, Router, bishop of Munich from holding a

JEWISH COMPLAINT

Ganova, June 6, The complaint lodged by the One of the machines, carrying German Jew, Herr Bornholm, out a series of daring loops close against the validity of the anti- to the ground, got out of control Jewish edicts in German Upper owing to the strength of the wind, Silesia has finally been settled, the which was blowing in heavy gusts. Council of the League of Nations The machino suddenly nose- adopting the report of Mr. Lester dived and crashed ten yards from President Carmona,

There Уда a general panic among the spectators, but Presi- dent Carmona was quite calm and only remarked: "Please God he is

Anfel"

The pilot was severely injured. Reuter,

Missionaries Die From Typhoid

This informal, and as yet un- binding accord will be presented the Treasury only five per cent. of They landed at Camaguey, in for discussion at the World Econo- lawful money behind them for mic Conference and Senator Koy final redemption. The redemption Cubn, four thousand. miles from, Seville after flying that huge ex-Pittman said he hoped that one of fund, however, was maintained panse of the Atlantie in less than officially adopted, would be a world United States notes, of which the results of the understanding, if constantly at the required level. thirty-six hours.

ratio of silver to gold. The pre- about $265,000,000 were in cir They were flying a biplane, and sent understanding does not attempt culation, were backed by reserves were carrying petrol sufficient to to fix a ratio,

of $156,000,000. lost them for 48 hours, but they The object of the understanding were obliged to battle against stl is to economise the use of gold, and, |+ headwinds for the great part of under its provisions, the United The delegates did not go into de- the journey and in the circumstan-States would. back its money issues tails of the effect of the proposed ces, their Atlantic flight was a with 25 per cent. of gold and five plan on the monetary system of |brliliant performance.-Renter.

per cent. silver. Other nations the United States but it was in- would adopt similar provisions with diented that there would be fewer whatever slight variations would be kinds of money. [required.

The delegates did not go into de-!

Shanghai, June 12. President Roosevelt with the visit-havo received news of two herole Mission circles in Shanghai ing statesmen did not mean that British missionaries, the Rov. The central banks of the various the plan had been adopted but P. C. Afather and Doctor E. Fisch- nations would, under the plan that it was considered an accept bacher, of the China Inland Mis mentioned above, be able to able basis for the discussions. stabilso the price of silver. There would still be a varying MODIFIED GOLD BASIS.

SHANGHAI RIFLE. CHAMPIONSHIP

LAST YEAR'S WINNER REPEATS

(Dy

12, 1.03 p.m.)

BANKS AND MARKETS.

market price for silver but it would be kept within definite

STORY OF FINE HEROISM

(Ireland). The German and Italian representatives, abstained from voting. The report points out that some of the edicts are in- compatible with the statutes re- gulating the international status of minorities and can, therefore, not be applied. The Gorman Gov- ernment has voluntarily admitted its responsibility for any damages in the case of injured persons and all resulting claims will be settled through local proceedings.

AMERICAN LOAN TO CHINA

LONDON

PROTEST

CONTINUES

BONDHOLDERS' POSITION

London, June 12.

nion, who died at Tihwa, In Stcome of the loan re- kling province, from typhoid. ported to have been made, to Mr. Mather passed away on May China by American înterests, to (Special to "Telegraph”)

Basie, June 6. If the World Economic Confer days later after they had been en- and cotton, says The Times will

24 and Dr. Flachbacher died; three finance the purchase of wheat- Telegraph, copyright. Telegraphie limits by the operations of the ence at London requests the opin-gaged in organising a hospital to be an increase in restiveness

"Resstved Jane aliver banks. When silver prices ion of the Bank of International fight the discano, Ordinance, 1974.

are low, the banks will buy to keep Settlements regarding curroney Shanghat, June 12. The Shanghal Rifle Champion the silver reserves at an actual stabilisation, the Bank's Council successfully passed through the ese loan bonds..

The two missionaries had just among British holders of Chin- ship, with the British 303 rifle, re-five por cent, of their gold value in will recommend a system based on siege of Tihwa.-Reuter Mr. T. Black, of Queen's Gardens, the speed of the car carried it out Hutchinson, of the American Co..sues,. When aliver prices are too on the samo standard that prevail. Queen's Road East last evening. A terrific explosing followed, but sulted in a victory for Sergeant relation to the nation's money a modified gold standard but not All operations will tend to prevent were forced to abandon it, authorl- high, the central banks will soll.ed until several leading nations ard unless its defects a wide variation.

This arrangement would provide tative circles bellove.

The car ran over a plank covering While driving in Wanchai niong a tube filled with dynamite.

had an alarming experiences His car skidded and, crashed into a of dangor.-Router.

..shop..

The roadway wha · in a

greasy condition from intermittent GOLF COMPETITIONS

showers, and just as the car, No.

189, driven by Mr. Black, hnd

began to skid towards the left.

passed the Grand Theatre, It

In endeavouring to regain con-

trol, the drivor swerved the car

ALL POST

Shanghai Volunteer Corps, who won last year niso, J.

Sharman, of the Municipal Police, was second-Router.

THE RAINFALL

CAPTAIN'S CUP AND ADAMSON CUP

C. H. Bradley (89-10 equals 79).

A TRIFLE OVER AN INCH

·IN 24 HOURS The Royal Observatory reports

to the other side. It shot across and H. N. Williamson (93-14 equals

1.

medied.

SHORT-SICHTED INDIVIDUALISM.

aro

that

case

All bondholders must regard it as an aggravation of the against their debtors that Chinezo re national revenue should be al- located to the service of new loans while their own claims continuo to bo, ignored......

standard

their rights is a case in point.

the Bank of International Settle-] It was understood that the itikted by a large body of Jocul în»

a great use of silver and would The Council last week decided result in a better price. Senator not to submit a plan for currency

The organised action taken by Pittman said that. It would stabilisation at the Conference but, Mr. McGarragli upon his retire Nanking Railway in -defence of the bond-holders of the Sbanghal- probably bring about a silver price if the Conference leaders make the ment last month, sald that would make sliver mining request, the Bank will send repre- short-sighted individualism, which profitable. He was not sure, how. santatives to London to discuss was applied to the over, that a ratio would be adopted, tho matter,

RAILWAY EXTRAVAGANCE; amounted to "unregulated anar That this action has been in the road, crashed against a pillar, 70) tled for the Captain's Cup at a fall of 1.32 inches of rain in the

A FAIR LEVEL.

It is asserted that the heads of chy.". alowing round, was brought up Fanling during the week-end and twenty-four hours ended at-10 a.m. silver and bring the price up to a lure of gold to meet the demande submission to the London nesting that have means that are phylous "The plan is first to stabilise monts are convinced that the fal Bank's Council prepared plan for taking in the more alanideant an vestors, in thin? Chltexaundely against the showcase of a shop will play off. There were 18 en to-day, bringing the total for the fair level, Senator Pittman said, made upon it, resulted from Jack but later decided that since many at 12, Queen's Road East.

The showcase was completely; For the Adamson Cup at the average of 29.48 inchos.

year to 12.37 inches, against an "I can see the possibility of an of regulation. They are said to of its Zenturón would be offered inly not open to "landholdera": ron wrecked, but fortunately no-one Happy Valley A. E. Charman (86- At six o'clock this morning, the that is not assured yet.

agreement on a world ratio but agree entirely with the statement other programases, the plan would rident autalde China or informing was injured, Mr. Black suffered 11 oquals-76) and W. H. Edmonds temperature, hvas eleven

Sea of Mr. Gaba Modarragh, who has not be offered all rounded plan themselves upon the administra mirior abrasions. The car was (87-12 equals 75) tied and qualified. | lower than at two o'clock yester off the old standard the backing, of the Bank, that no good can come will go to London It invited and Shele banda ore nootros, and their degroom Before the United States went just retired from the presidency The Banks offelelnet therefore, on of the railway non which badly damaged.

There were ton entries...

[day afternoon."

CHATKA, DE EXIFATABANON. SHArafura |of the various kinds of paper from returning to the gold stand- discuss the monetary proposals,

| carrion more. Waititz/i4Hi¶TY

mounted the pavement, and In

tries.

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