1933-07-08 — Page 1

TERRAZZO

--IMITATION MARBLE

TABLE TOPS,

FOR FLOORS, WALLS,

PANELLING, SINKS AND BATHS, ORNAMENTAL WORK.

Many Colours and Designs..

י,

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Tel. 20269.

werMorning Post, Lid,

18

ham Street, Hongkong.

The

Lighting up Time: 7.1)

·High Water--23.882

Low Water;

Supreme Co

Hongkong Telegraph.

FOUNDED 1331

No, 14014

六拜禮、 號八月七英港香

SATURDAY, JULY 8, 1933.

日六十月五

SINGLE Cory 10 OENTE $14.00 PER ANNUM.

WHITEAWAYS

GEORGIAN

Shetland Floss Wool

Can be supplied

in all Colours

$1.00

2 oz Ball,

Whiteaway Laidlaw & Co., Ltd.

NEVILLE CHAMBERLAIN DEFEATS GOLD

OPEN GOLF

LEADERS CRACK UP

AMERICANS TIE IN

FIRST PLACE

EASTERBROOK'S ILL-LUCK

London, July 7.

golf

another

The British open championship was triumph for the United States. The result was a tie between Densmore Shute and Craig Wood, the Ameri- can Ryder Cup players.

They both returned a Binal ng- gregate for the seventy-two holes of 292 and they will play off to decide the winner to-morrow.

not all, The But this was

their Americans packed four of Ryder Cup team into the first five positions.

At one time it seemed very likely that the trophy, would go to Eritain for the first time for ten years. Henry Colton, Abe Mit- chell and S. Easterbrook all had wonderful chances.

1

COTTON AND MITCHELL. Cotton and Mitchell disappointed struggling their supporters by a

performance in the hectic going on the outward journey and interest in them faded, but there was less excuse for Easterbrook,

He was making

n

Avonderful

championship and no his

Monetary Committee Decides to Go On with Entire Agenda

A general view of the delegations at the World Economic Conference during a recent session.

ECONOMIC

WAR

IRELAND'S NEW MOVE

MAKING TARIFFS

PERMANENT

Dublin, July 7.

A Government Bill has been empowers the effort. He needed a 75 to win the issued which

scores Council of Ministers to make over the first three rounds were permanent certain emergency. 73, 72, and 71, the task did not tariffs imposed in connexion with the economic war with Bri- Neem at all formidable.

Lain.

EASTERBROOK'S ONE LAPSE.

The duties which will come un- Ife roused high hopes by complet-der the proposal include those on ing the first nine holes in 37, turn wearing apparel, up to sixty peri ing with a score of 38 on the cent., coal, five shillings a ton, homeward journey necessary for cement, electrical machinery and victory.

articles mainly of steel and iron, up to twenty per cent.-Reuter.

Disaster

the overtook

Kent player, at the fourteenth hole. Up to this stage It seemed easy. On the fourteenth, a par five hole, he took Reven. He arrived at the eighteenth tee with his score card showing 72 strokes already played. He needed a three on the last hole to tie with Craig Wood and Shute. Ilia drive was perfect, but he pulled his second shot to the club- house steps and thus he did not have a chance although he holed out a four-yarder to give him a par four for the hole and to tle equal second with the holder, Gene] Sarazen and Leo Diegel,

DIFFICULT CONDITIONS.

It was the most thrilling open championship for many years. In the morning, there was no sign of especially dimeult conditions, but in the afternoon a strong wind sprang up and steadily increased, making

exceedingly conditions irksome.

ANGLO-SOVIET TRADE

NEGOTIATIONS OPEN ON MONDAY

London, July 7. The negotiations for a new An-| glo-Soviet trade agreement will resume on Monday. The originai agreement was abrogated by the British-Government. Negotiationa for n new pact were broken off

tan Vickers were British Wireless.

A Japanese delegate exhibits

tiradner.

C.E.R. SALE ISSUE

SOVIET ISSUES A MEMORANDUM

THE TERMS OF REDEMPTION.

·Moscow, July 8. A memorandum which the Soviet delegation submitted to the Tokyo Conference which is discussing the possibility of the sale of the Chinese Eastern Rail way to Manchukuo has been released for publication.

LATEST MOVE BY ROOSEVELT

CAMPAIGN FOR HIGHER PRICE LEVELS

DETAILED POLICY

LONDON, JULY 8.

BLOC USSURI RIVER

INCIDENT

RUSSIANS STOP STEAMER

CARGO AND GUARDS SEIZED

Harbin, July 8.1

Great excitement has been caused here by news of the de- tention by U.S.S.R. frontier guards of a Manchukuo steamer. According to the reports which have been received in offcial cir cles, the steamer Tungsang was side Manchukuo watora, on the

The ship was detained, it is n

out an intensive search of the

IT IS LEARNED THAT PRESIDENT ROOSE-stopped by the frontier guards, in- VELT LAST NIGHT PREPARED A MESSAGE TO Ussuri River, near Hulin.

THE U.S. DELEGATION AT THE WORLD ECONO- MIC CONFERENCE OUTLINING IN GREATER eged, while the guards carried: DETAIL HIS CAMPAIGN FOR WORLD PRICE RE-vessel, finally confiscating the COVERY AS THE IMMEDIATE OBJECTIVE OF cargo and capturing ten Russian

emigre steamer guards. THE CONFERENCE.

The consideration of the items which can usefully be discussed having regard to the gold bloc's objections to anything relating to monetary questions, occupied much time in London yesterday.

STRONG STEPS.

The invaders then released this: Tunganng and returned to Soviet territory.

Officials of the Manchukuo Government, are of opinion that

The gold bloc displayed soreness at an apparent when the report is confirmed, the attempt to narrow down this line of deliberation. Mr. Manchukuo Government will take Neville Chamberlain proposed that the original agenda the strongest mensures to recover, be adhered to, adding that reservations could be made the men and the cargo.--Reuter if unanimous conclusions were not possible. M. Bonnet, as the champion of the gold countries, opposed the pro- posal, but it was ultimately adopted.

THE FUTURE OF RUBBER

EARL PLYMOUTH'S OPTIMISM

The Roumanian delegata propox- The decision of the Bureau of the World Conference to proceeded and Mr. Bonnet (France) sup with its work to the utmost extent ported that the work of the Com- questions possible, necessitatea a complete mittee. should cease on review of the conference's activi- jother than indebtedness. ties.

This question might be profitab- The situation will be clarified ly discussed while on the other when on Monday the Bureau has side of the conference work, the before it the reports from the questions of the conditions of pro-solve into an industry of small various sub-committees, several duction and marketing and the holdings, declared the Earl of of which were in session during organisation of labour might be

proceeded with..:

was

.The memorandum concerns the to-day. main principles governing the re- Meanwhile, the position

Senator Couzens (United States) demption of the C.E.R. by Manchu-considered at private meetings of kus and it was read by M. the various delegations and there while recognising that there were tion, at a meeting of the con- delegates at which the major best to accomplish the primary pur forence held on July 3.

NEW BOOM A Yuremieff, the head of the delega- were consultations between the differences of opinion as to how

DANGER

PRICES OUTSTRIPPING BUYING POWER

AMERICA GIVEN A WARNING

Washington, July 7. The rapid rise in com- and the when the employees of Metropoll-modity price

arrested.-stimulus given to industry by the speculative boom is not an unmixed blessing in the United States.

WEST RIVER RISES

NOW OVER TWENTY FEET AT SHIUHING

In these circumstances, it was

cracked up. The West River has risen rapidly! the lenders who Walter Hagch, for instance, sont Shinhing in the last two or three Rovere had the course become, days. A rise of nearly three feet blew up completely and took 82 on occurred yesterday, the present

level being 20:4 feet,

the final round..

Abe Mitchell and Henry Cotton, both splendidly placed at the end of the third round, took 79.

SHUTE CONSISTENT.

to à brilliant round of 68 in the third round. He took 75 over the final eighteen holes,

The leading scores follow:- THE SCORES.

Bhule (..)

Shute occupied first place with Craig Wood as the result of re- markable consistency. Ile took 78 strokes on each of the four rounds. His return on 73 on the final round-Crate Wood (U.8.). Avas a brillant performance. Itd. Barasen (U.8.) was equalled only by Archie. Estabrook legel (U.B.) Compston and beaten only by Olin Din Daire (0.8.) Dutra and Reginald Whitcombe, y Colton

Dudley (US.) both of whom recorded 72's.

Abe: Mitchell Talgbam

Cyrli: Tolley and Maclean, the Whcombe Scottish amateur champlon, turn-Whileombe

Archie, Cumpqlon ed.In the best scores by amateurs, Arthur avera They tied equal seventh with Forr(France)

Kirkwood score of 298, six strokes behind torton saith (0.8) the leaders, who are to play 36 Cril olies MEZIERETZEKO

Aubrey Decesar - (Frühet) to-morrow to decide the CALMAR 1774

Ithunde

73 78

The depression saw heavy wage cuts in all directions and wages do not appear to be increasing to an extent enabling them to keep pace with rising costs.

Some anxiety is being folt in Washington, the attitude of the authorities being expressed by Ad- Brig:-General Johnson, the ministrator of the National. Re- covery Act,

WORSE COLLAPSE FEARED. The recent surge in speculative production in American factories and the rise in prices of commodit los are beginning to outstrip the purchasing power of the masses 292 and there is a danger that this

78 15

77 201

dovelopment will cause a now

2732 and woran collapse,

20 Brig. General Johnson appealed to industries to hasten in the 195 formulation of codes for increns- ing wages and reducing hours of work,

LABOUR REPORT.

The danger is also emphasised in the American Federation" tóf Labour Report,, which states that

issues before the conference were It estimates that the expenditure discussed, on the railway up to 1981 totalled 411,000,000 gold roubles, but it

CABINET MEETING.

agrees to the redemption at a cost Mr. Ramsay MacDonald, who

GUARANTEES,

over

pose of the conference to relieve: unemployment, drew attention ta President Roosevelt's endeavours to raise the price levels, and hoped that other countries each in itx own way would nasist.

BAN

London, July 7:3 Rubber is not doomed to dis

the

Plymouth, Under-Secretary

of State for the Colonies, in the course of

speech at ni lunch

of the Incorporatod

Society of the Planters of Mas Inya.

Lord Plymouth!

of 250,000,000 gold roubles, half took a prominent part in these

said It was far I He saw no reason for not con- of which the Soviet agrees to re-consultations, presided

from being a ceive in goods,

meeting of the British Cabinet tinging with the work before com- Lord Plymouth,

career of the held at the House of Commons mittee..

past for skilled and adventurous this evening.

PROPOSAL CARRIED. | Britona. At a meeting of the Monetary

He added that there are amali The memorandum stipulates

before

Sir Henry Strakosch (India) but definite signs of improvement that there must be guarantees in Sub-Committee, which has

an agenda including credit regard to the freedom of transit it

conthat there could be no doubt that on the C.E.R. for Soviet freights policy, price levels, the limitation, submitted that the exclusion of in the rubber industry, anvament and passengers on advantageous of currency fluctuations, exchange monetary questions from

controls, the problems of indebted-alderation would conflict with the the world will require large quan

titics of rubber in the future and ness and the resumption of lending, bureau conclusion to procee·1, The Ussuri Railway must be Mr. Neville Chamberlain emphasis. The Italian Swiss and Austrian that now useca would constantly guaranteed a definite quantity ofed the difficulty of isolating that delegates supported the Rouman-be found-Reuter. freights arriving by the. C.E.R. particular items for discussion ian proposal. On a Soviet goods must receive most without raising the others and he taken the British proposal was ap favoured nation treatment and the proposed all should be subject to proved by 25 to 10 with one ab- sent. Thore were several absen- interests of Soviet citizens and farther discussion.

tions.

The Chairman, Signor Jung)|

terms.

Soviot employees of the railway must be guaranteed.

Է

Since this memorandum was

vote being |--

read, the "Manchukuo" delegation FIVE BITTEN BY sald he would report the result

has discovered that it is unable to find in any treaty anything that can be interpreted as confirming Soviet ownership of the railway.

—Router.

TREASURY BILLS

RABID DOG

ALARMING AFFAIR

IN HUNGHOM

of the debate to the Bureau.

OTHER OPPOSITION..

U.S. FINANCIER KIDNAPPED

Jacob Factor Selzed in the Open

Chicago, July Jacob Factor, the financier,; h.

At a joint meeting of the various sub-committees of the Economic Commission to consider future work, a proposal that the sub-com- mittees on the co-ordination of pro- been kidnapped, de

Factor, who is simetimes know! An alarming situation in regard duction and marketing of sugar, to the question of dogs and hydro-timber, wine, càrl, tea, tin, copper 48 "John Jake the Barbar, rOS phobia was disclosed to-day, when and aliver should continue was not from being a West-sido barber to it was known that a dog which bit opposed. The silver question is millionaire stockbroker. Ha five

persone in Hunghom last also being dealt with by a sub-wanted" in England for allered week has since been definitely committee of the Financial Com-share-pushing frauds on a lar found to have been suffering from mission-Reuter and British Wire-scale. leba. The amount applied for to-day's Four Chinese children and n

HIGHER RATES IN LONDON YESTERDAY

London, July 7.

Treasury bills at three months

rables.

was £83,800,000 and the amount adult were bitten one after the allotted was £42 millions. The other along the Tokwowan Rond average rate per cent was 10/4.85d by a chow, which pursued a mad as compared with 8/9.55d lost career for some time before it was caught and killed with a bamboo week-British Wireless.

pole, Upp

The carenes has since been examined by a veterinary, surgeon by and distinct traces of hydrophobla

were discovered.

the factory output fumped thirty-five per cent

The Labour Federation infers that much feverish activity:f" purbly: Mivs and ituros industry.

ReportThe discovery has put the case present of the five persons bitten in a very scul- grave, light. Precautionary...” treat, unmant pursued in the first instance

1in nowäbeing conduélád along mergi

STOCK MARKET ACTIVE

LONDON BOOM IN INDUSTRIALS

Jacob Factor was leaving á rozh house near Evanston, a suburb o Chicago, with a companion, who he was pounced upon and taken in to a passing car which disappoi ed.

Fow of the facts are known to police, but it is reported Factor's son Jerome, who wT napped himself not long #KO} | driving his father in the ca he was bundled out by tw London, July 7 who drove og afla krastus A confident tone characterised the They carried for on Attorney Mr Al Engling cets of the London Stock Extor, but soon falinkéo hide.

bersabouts or the T

change, Industrials Hidink.sharply