1933-07-01 — Page 1

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Flos Wool

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[CA E. WARREN & CO., LTD.

FOUNDED 1881

No. 14030

六拜禮 號一月七英港香 ·

SATURDAY, JULY Y1, 1933.

日九初月五国

China Bulldtrigs

Tel: 20269,

ALL NATIONS SHOULD GO OFF GOL

HONGKONG WIN

LAST MATCH.

Plenty to Spare at Sidmouth

(Special to "Telegraph”)

Telegraph, Copyright, Telegraphie Ordinance, 1871. Received, July a.m.)

The Hongkong Nomads on their match against idmouth yesterday, their ast gamag of their tour, With comfortable

easc.

Iismissing Sidmouth for 20, they obtained 170 uns for the loss of six Mickets. J. E. Richardson batted brilliantly. gain Détails will be found in

ige Eight.

President Roosevelt's Reply to

ANXIOUS TALKS

IN LONDON

DELEGATES AGREE ON

RESOLUTION

SCENE SHIFTS TO AMERICA

LONDON, JUNE 30,

THE WORK OF THE WORLD ECONOMIC CONFERENCE IS STILL OVERSHADOWED BY

AT HUGENBERG THE PROBLEMS OF TEMPORARY CURRENCY

MEMORANDUM

has.

OVIET REMAINS

SUSPICIOUS

VESTIA VIEW

Hugenberg memorandum World Economic Con- which called forth an off- Latest by the Soviet govern-| Because, of its suggestion Soviet territory, be made ble for German colonization, ques to excite comment in the of the U.S.S.R., notwith- ing its repudiation by the in government.

Soviet public opinion is om being reassured by the lation

1B Indicated by

which points out that Dr. erg was not a private in-

A but the Refel Minister

Honal Economy, and that he

Mr. Franklin Roosevelt,

The

Colony's

Finances

BIG DECREASE IN

REVENUE

STABILISATION. THE EUROPEAN COUNTRIES WHOSE CURRENCIES ARE BASED ON GOLD DESIRE FROM BRITAIN A DECLARATION ON THE GOLD STANDARD TO COVER THE PERIOD UNTIL THE CONFERENCE CURRENCY COMMISSION PRESENTS ITS REPORT. SUCH A

The financial statemetit 9 the DECLARATION, IT IS BELIEVED, WOULD HAVE revenue and expenditure of the A STEADYING EFFECT.

| Colony for March, published to-day

It is generally accepted that a declaration in a form in the Government Grette, shows to which the United States might be able to subscribe that on February 28, here was an would be of greater value than a purely European pron-excess of assets o-Habilities) of nouncement and this subject was discussed at private $11,129,208.67. meetings of the several delegations with their experts.

Two private meetings between the delegates of the five gold countries and Mr. Ramsay MacDonald were held to-day. At the second of these, held this evening at No. 10, Downing Street, Professor Molay, the special -economic adviser to President Roosevelt-attended...

PRES. ROOSEVELT'S ATTITUDE

New York, June 30. The centre of interest in the

At to London not as a scient-currency battle has now shifted scientific conference, but to Campo Bello Islands, where ember of the German goy- President Roosevelt is at present ht delegation to the World Hic Conference.

holidaying in his yacht, follow- ing the news of an agreed re- solution at the Conference,

OT:A PRIVATE talk.

conference was not called

A special correspondent

n't

London, June 30.

The revenue for March totalled

Stabilisation.

away, Lanifiw

$1.00

Co., Ltd.

TANDARD

AT WIMBs

DARK HORSE WINS

ONCE MORE

STOEFEN IN LAST EIGHT

KEEN TENNIS

are. splen

rasted trimm

STRA

Londah,

According to a B less message received itish Ing, G. P. Hughes, this morn man, has entered tis

Phe English finals of the men's Wimbledon,

defeatin

player.

tho

The message does not 'Include

name of the loser, but un-" doubtedly it is Clifford Butter of Ameries: Hughes won" in great style 9,7, 7-5, 6-3, and he is thus the first Englishman to reach the last eight, H. W. Adatin is exS peced to accompany him

London, June 30 Czecho-Slovakia, Japan and America are already re- presented in the quarter finals of the men's singles championship at Wimbledon round victories by R. Menzel, thanks yesterday to fourth Fifty Per Jiro Satoh and J. L. Stoefen. Cent Drop

Two British players and Italy's

sole surviver were the victims in Assets

II.G.N. Lee losing to Stoofen, Lyttle-

on Rogers, the

iant Irish

champion suc- STARTLING KUHN,

cumbing to

Menzel and Stefáni falling against Satoh,

LOEB FIGURES

HIGH SCORING BASEBALL

YANKEES NOSED COUT 1312)

SENATORS JUST SCRAPE HOME

New York, June 30. ptionally, high scorin marked the American Leagu baseball matches to day, and thes further-prejudiced

the Yankees championship

Land enhanced ther Washington Senatoras

"Washington, June 10 Mengel de- The fact that the total assets of funt of Lattictond- Kuhn, Loeb and Company dropped Rogers was my over six pullons sterling by 50 per cent in 1932 was revealed even fingr Rogers, $2,438,380.79, and the expenditure achievement than his vanquishing when the Company's balance sheet The Yankees were beaten in n

was submitted to the Senate the Farquharson,

en- remarkable game with Claveland, South $2,430,390.34, leaving a balance in of

quiry,

being nosed out at '13-12: St.2 hand of $14,137,173,12.

African, the day before."

It showed assets amounting to Louis, also nosed out Philadelphia G$67,000,000 on December 31, in the first game of a double 1931, and only G$34,000,000 at the header by 12 runs to 11, but lost end of December last. Reuter. the second fixture by 11 to 7

-The-New-York Giants were blanked out by Dean the St. Louis pitcher and Philadelphia nosed out Pittsburgh. Seorca

TOO LATE

BIG DRUG RING CASE OPENS

wete:

as supplied by Restor

NATIONAL LEAGUE.

The comparative statement of rovenue and expenditure reveals that most heads have a decreased. Rogers, one of the most difficult rovenue-up-to-the-end-of-March match players in the world to over that for the same period last beat, was made to look very small year, the total being $7,826,903,99 fry against the energetic Czech as compared with $9,055,956.17 for and only in the third set did he 1932.

find opportunity to offer any real! The revenue for the month of resistance; But his effort came too March shows a corresponding de-lute and Menzol went to his points |crease over the same period in 1932, after a thrilling duel of 22 games. After further long discussions the month's revenue being $2,438,- Menzel gained an ascendancy in EZRA BROTHERS ON this afternoon, it was announced 360.79 as against $8,335,860.02 Inst the opening stages of the match, and Rogers, forced to play second that all the delegations, includ-year.

fiddle and discovering that his upon a common text on the gold ing the Americans, had agreed

opponent nearly always had a shot

San Francisco, June 30. Juda Ezra, said to be a British Boston to beat his best, was pinned down subject, formerly a millionaire re- Cincinnati question.

KENT'S FINE BID

Menzel raided the net and brother, Isaac Judah, a San Fran- natt and Berger and Whitney for

sident of Shanghai,, and a'

(Lombardi homered for Cincin- FOR VICTORY brought off a series of spectacular claco property owner, held

winners which allowed him to alleged heads of a huge narcotic Boston)

The text of the resolution has been sent to President Roosevelt, whose reply is awaited.

It is understood that the resolu- the private views of in-Campo Bello Islands wires that it

but the official views of is understood in circles close to tion does not provide any sort of vernments represented. the President that Mr. Roosevelt solution of the vexed question, but tia also comments on an considers that temporary stabill- has been so modified that it merely that appeared in the sation of currencies is a banking expresses the view of the delegates

Diplomatish Politische rather than a governmental, pro-** Pondenz, organ of the Ger-blem, and that it is therefore out- reign office, with reference side the immediate realm of the

Hugenberg memorandum, World Economic Conference, viot organ asks: "If Hugen-

d not officially raise the

in of colonization In enst-

PRESIDENT'S VIEW.. When asked to comment upon Hope in general and in So- the reports from "high British ritory in particular, why quarters" in London that Presl- heen necessary to declare dent Roosevelt was understood to ant a private one?" favour an agreement to prevent olitica," Izvestia continues, violent fluctuations of currency, the >more than declarations President informed reporters of taken into account," and his opinion that the matter was connection it recalls the hardly the concern of Con- jat negotiations conducted ference. Rosenberg, Chancellor HiL-

tho

It was indicated that he regards

viser on foreign affairs, the stabilisation issue as too com- Der also refers to a state-plicated to be solved in a couple

earing in the Volkischer of days or even a couple of weekni r, official organ of

the by the Conference.

e sense of which is that He 'British diehards pay aj price the Nazis will be embark upon an open ainst the U.S.S.R. ZI AND SOVIET. trong reaction' of Soviet Binton to the Hugenburg

NOT HURTIng americaA.

In the meantime, he says he does not consider that the wide fluctun- tions of the American dollar will prejudice the domestic economy of the United Sinter.

of what should be done.

GENERAL TERMS.

The following are the gonoral terms of the solution submitted by the gold countries at the World Economic Conference, in which they are fully agreed.

"It is necessary to maintain the gold standard in all esun- tries still adhering to a gold basis."

"All countries which have left the gold standard' shall return, if possible, to gold."

"The stabilisation ratio and the moment for stabilising must remain the concern of cach country independently."

"The countries at present on the gold standard are firm. ly decided to defend their position at all costs."

Countries with devalorised currencies approve the lim stand taken by the gold coun- tries."

DISCUSSION adjourned

It is understood that both the

in

-

Tich Freeman Takes 100th Wicket

Brilliant cricket was seen the match between Somerset and Kent yester. day when Kent, requiring nearly 400 runs to win, fell short by only twenty-eight · runs, In the course of the game. Tich Freeman took his hundredth wicket of the season, once again the first bowler to do so. County cricket scores and details will be found in Page Eight,

['to defence.

TRIAL

twin

113

Brooklyn Chiengo

R. H

G 16

3

7

# 13 0.

2

10

11

carry off the first set at 6-1.

ring, were arraigned in the Federal | Philadelphia Maintaining the fast pace set, Court to-day,

Pittsburgh the Czech warded off all of Rogers'

The case was adjourned pending attempts to adopt the Initia- the arrival from China of docu- (Picinich and Suhr homered for tive and. won the second set with ments and other evidence. Thoy Pittsburgh) the loss of but one game.. were arrested in connexion with

Д

In the third, Rogers came into the shipment of a quarter of New York the pleture, but he found Menzel million dollars' worth of narcotics St. Louis with plenty of reserves and try as uhoard the Asama Maru, "concealed

would he could not break in oil-drims.—Reutor. through the Continental player,

ho

Menzel, making n last gear

effort, finally succeeded in break- CHENG KWOK-YAU ing, through and won the third set |for match at 12-10.

"DARK HORSE" WINS.

LF. Stoefen, "dark

horse," brought

Wimbledon's

off

a

(Doan pitched and blanked out New York and Medwick homered for St. Louis).

AMERICAN LEAGUE.

Chicago !Boston

RUMOUR OF MADNESS

Cleveland

DENIED

New York Kumour has had it recently that St. Louis

4. 11

18 14 # 12 14 4

12 IG

11

18.

Burns and Storti homered

CEOspectacular victory against H.G.N. Chenk Kwok-yau, the wealthy youth, Philadelphia

EXCHANGE CONTROL

LIKELY

Professor Moley's Recommendation

London, July 1.

recom-

to

Lee, a "acedod" player.

who is serving a life sentence for Two sota down, the young the procuration of the murder American fought back with aur George Fung, is out of his mind. St. Loula) prising skill and courage, and Thare is no truth in the rumour, although in danger of losing both none whatever," was the emphatic St. Louis the third and fourth sots, managed reply of Mr. Hopkina, -Superinten-

Philadelphia to snatch winning points to level dent of Victoria Gaol when en- the scores.

quiries were made to-day.

In the final got Stoofen had Léo groggy, the Englishman's stamina giving way before a Austalnod attack, and the American-ran outi a brillant winner by 6-3.

dazzling tenNIS.

Leo Indulged in that dazzling

(Johnson homered for Philadel phia and Campbell for St. Louis) Detroit" Washington

STOP PRESS £14,500 FOR FIRST

EDITION

Sold

It is hinted that it la doubtful British and American delegations Professor Moley has mum," anys Izvestia in whether the countries at present have indicated their approval of mended President Roosevelt

3,"is a reaction againation gold can remain there and whe- this text, but President Roose-approve the gold countries' for- Soviet character of that ther any permanent stabilisation veit inalets upon further modi-mula, according to which central type of tennis which has become For a whole decade, should be attempted until all curcations of the section in regard to banks will use their Influence to such a feature of his game during Trascism has conducted rencies are free to find their own stabilisation.

provent extreme fluctuations in the last twelve months. He pro- da in preparation for in true levels,

The discussions have been ad-] currencles, *-

Mr. Percy Howard, third on- Against the U.S.S.R. It

duced a range of strokes and a ginoor of the Empress of Asia. Shakespeare Treasure A New York mosange says it is plan of tactics which had Stonfondled in his sleep on board yester | Journed until. to-morrow: (Sntur-

day) owing to the inability to ob- believed that President Roosevelt guessing for the first two day morning. The funeral will lat territory, and state- It is understood that the Pre- tain a reply to-day from Presid-will announce is approval to-day. Just ne they surprised Henti tako place this afternoon. ado after the ascent of 'sident's views are to be regarded ont Roosevelt to a proppaition zub-|-Reuteria. anto (power, masoverating as definitely shelving the stabilisa: mitted by, the countries concern- ofconinus dovlet-German tion controversies, as for us tho | ad-Reuter und

·Júnded plans for the divi

SUBJECT SHELVED.

-have-neti-the-World Economis -Gogférej 1-Soviet proji accomplished;th others

It thou

düce fluctuations wi

Cochet, when, he mot Loo In the French Championships. S

fo well did Lea, perform durfun this period hatzlawas "nit orange ut=-the=Wimbledore thatsh

Would rain dore of

London 2 line 30,

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