1933-10-03 — Page 1

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The

FIRST EDITION

Supreme

Hongkong Telegraph.

C. E. WARREN & CO.,

China Building.

LTD.

Tel. 20269.

FOUNDED 1881.

No. 14110

二拜禮 號三月十英港香

TUESDAY, OCTOBER 3, 1933.

日四十月八

WHITEAWAYS

NEW PRODUCTION IN NECKWEAR.

·A BRITISH, PRODUCTION

Will not Hutch

pull or crush

ONE

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Basic Value Prico NEW $1.25 each.

DASIC VALUES

HAVANA'S TRAGIC DAY AND NIGHT OF TERROR

MARYSE HILTZ OFF AGAIN

Paris to Tokyo and Back.

Via: Siberia

L'arls, Oct. 8.

The well-known airwoman, Marya Hitz, took off at 12,44 .. on a flight to Tokyo and back. Her first atop will be Athens.

Hdlie. Bitz is using a Breguet plane with a single engine of 650 h.p. and is accompanied by a mechanic.

Her route is vin Siberia, Man- chuli, Hallár, Harbin, Mukden and Beaul-Router.

RACING SENSATION

COUP DE LYON BREAKS

DOWN

PRICE TOPPLES TO 100/1

London, Oct. 2. A sensation was caused in racing circles to-day by fairly reliable reports that Mr. Howard do Walden's crack Coup de Lyon Had broken down in training.

A

Hundreds Killed and Wounded:

Hotel National Massacre

SOLDIERS OUT

OF HAND

HEAVY TOLL OF LIFE IN

STREET FIGHTING

BULLETS FLY

COUNCIL OF THE LEAGUE

Three New Members Appointed

London, Oct. 2. Denmark, Argentine and Australia were elected to non-permanent seats on the Council of the League of Nations this afternoon. Denmark replaces. Norway, Argentine replaces Guate- mala, and Australia takes place of Ireland.-- British Wireless,

the Havana, Oct. 3, The streets of Havana

flowed with blood yesterday

in the worst disturbances

since Machado was ousted.

Hundreds were killed and wounded,

There are ugly stories of a, terrible massacre of officers at the Hotel Na- tional,

1

The soldiers are ap- parently out of hands and! have been

engaged in

street fighting all days with Communists and students.

UPTURN IN' TRADE

ENCOURAGING SIGNS

OFFICIAL: GENEVA

FIGURES

Stories

AID TO BRITISH PRODUCTS

TRADE AGREEMENT WITH FINLAND

CONCESSIONS ALL ROUND

London, Oct. 2:

The text is issued of the Anglo- Finnish Commercial Agreement signed at Helsingfors last Fri- day. The agreement comes into force three days after the ex- change of ratifications.

Finland imports about £19,000,- 000, worth of goods annually, of which at present between two and three millions are taken from Britain. Britain on the other hand buys about £10,000,000 worth of goods annually from Finland.

The present treaty runs for] three years and is terminable atj six months' notice, It assures to Finland for the period of the agreement,' a' continuance of the most-favoured-nation. treatment together with an additional con-} cession on Finland specialities, whereby the present ten per cent, Encouraging indications of a duly on birch and plywood is con- solidated and the duty on wooden sewing reels is reduced from 20 percent. to 10 cent

London, Oct. 2.

Reports state that Coup de Lyon is suffering from weakness in the The real carnage did not begin world recovery from the long hock and may never be fit enough until after nightfall although the period of economic depression to race again,

day had been one of terroriam, in were cited by the Head of the Coup de Lyon was until to-day which thirty-nine persons were League of Nations' Financial Sec- second favourite for the Cam-known to have been killed and fifty-tion, Mr. Alexander Loveday, at bridgeshire Stakes, to be shortly, and was, in fact, very. Fighting was resumed on a ter-

Assembly's Addressing the Ilis betting rifying scale strongly fancied.

Koon after dark. Economic and Monetary Com-figure of 108,000 cwts, n price came down with a 'run to 100 to 1.

Firing was audible from almost mitter, he referred to the world-

(Continued on Page 7.)

run

uing wounded.

There-seems-to-be-littin-doubt |every-point-of-the-city; about Coup de Lyon's Inck of fitness, but there is evidently n

hope in some quarters that he may

MOB ATTACKS.

The shooting appears, to have

Genova to-day..

wide indications of economic re- covery,

Industrial production and con- sumption were increasing while

be brought up to scratch in time been-initiated what soldiers fired the contraction in world trade ap- for the race. There were takers into the air in an attempt to dispered to have been checked, at it the odds of 100/1 to-day-porso a mob bent on looting the rate for the moment Beuter.

SAMUEL INSULL

EXTRADITION CASE ON SATURDAY

Hotel National, where a handful The monthly trade for lust July! of officers are believed to be still of forty-seven countries represent- the world's holding out, though the main parting nine-tenths of

that the value of of the building is in the hands of trade showed

such trade, calculated on a gold jubilant soldiery.

Most of the disarmed officers currency, was greater than in the were

Cabanas corresponding month of last year. Exports rose by as much as ten through jeering crowds, but it

taken to fort

remnant of the officers loyal

to the Cespedes regime, left tem

was subsequently reported that per cent. which was the equivalent

of 278 million gold dollars.

PRODUCTION RISES.

as a whole, in dustrial production has risen by over thirty per cent,

The case for the extradition of Samuel Insull, the former Chiengo

porarily in the hotel, were In the world tilities magnate, from Greece will

slaughtered in cold blood. egin on October 7.

This dreadful affair is various Mr. Inaull was the head of the gigantic $3,000,000,000 group ofly attributed to "Colonel" Batista, ility companies, and and many who is alleged to have Issued serious charges of fraud brought orders, to the Communists and to against him several months ago students run wild,

a

SOLDIERS OUT OF HAND.

sinco

Finland also reserve suitablo share of any quotas in- troduced to regulate-entry Into Britain of agricultural produce. Į Regarding butter the minimum

FRANCE'S OFFER

year

ECHO DE PARIS EXAGGERATES.

Paris, Oct. 3. Reuter is authoritativel formed that France is prepared to reduce the number of her effectives and the term of mili- cary service.

This latter concession will only

Troops ordered out to protect a threatened coal mine, in the United

States.

STRIKE MENACE SPREADING

NEW YORK FOOD SUPPLY THREATENED

UTL

SERIOUS OUTLOOK

NEW YORK, OCT. 2.

WAR DEBTS RUMOUR

LUMP SUM "OFFER BY BRITAIN

SPECULATION IN AMERICA

Sir Frederick Leith-Ross, Economic Adviser to the British Government, is due in Washington this week to open the war debt negotia- tions.

Although American Treasury oteins livo indicated that it is unlikely that any ditalie of the debit conversations with Sir Frederick Lofth-Ross will be made Įpublic until the conversations are. concluded, there are reports in Washington that Sir Fredorial will propose a lump sim nettle ment.

This veport which was put into. circulation on Friday, has reaches a number of Congressmu and some of them are said to favour it, provided Groat Brtiain does not ask for too great a reduction. It is salt, however, that few, if any. | members of Congress will appräve a settlement of ten per cent. I full settlement.

The provant capital value of. the debt still owing by Britain li G.$3,600,000,000 · and despatches from Londou have reported - that, Great Britain will offer a lump sum eltioment of just one-tenth..

FORM IMPORTANT.

Whint economists are worrich about is - the form, in which this': Famount, or any other lump sum } woull be tendéred. It wàs `rt-

ported that the inflationist group. might sapport it if Great Britain would agree to pay in silver puri chased in the American market

This however, is considured in most quarters as too visionary, especially in view of the fact that the scopo of the conversations is by officials that the United States to be widened. It way kurittour

representatives will discuss any oconomic, monetary or trade ques-

STRIKES HAVE BEEN EXTENDING SO RAPIDLY THAT THEY ARE NOW SERIOUSLY MENACING NEW YORK'S FOOD SUPPLIES.

The President's hope that the new coal code wouldtion that Sir Frederick may pro- permit the miners to return to work has not materialis- ed. A complete impasse sooms to exist in the coal industry as the result of the bartio of the owners agaiREW the Union system.

pose although no pledges have been made that any offer except full navmont will be accepted. DOLLAR STABILISATION: These serious developments, coupled with scepticism (ved to the effect that stabilisa The flem opinion that has pro- in the business world regarding the efficacy of the ton of the dollar in relation to Government recovery measures are continuing to the pound would be discussed. hamper the National Industrial Recovery Administra- were, in opinion of economista tion, which is meeting with resistance on all sides.

a strike of seventeen thousand the institutions out of the financial New York food is threatened by little or nothing themselves to pull lorry drivers.

mire,

SELF-HELP.

confirmed when the State Depart mont announced that the Treasury

negotiations. Department will conduct the debt

Diminution in the figures of un- employment was also shown by the be made by France, provided

Mr. Cordell Hull, Secretary of returns for July, August and similar type of service is accept September, published by the ed by other countries, including

Stato, announced on Friday that They are demanding a five-day but led to Greece,

International Labour Office. The Germany.

Mr. Dean Acheson, Under-Secre week at a six-day, wage and their Extradition proceedings against

Report shows an Improvement in It is, however, stated that there officials are boasting of the im-

The President feels that, in most tary of the Treasury, and Dr. him at first fell through, but on The soldiers are apparently out the situation for the first time is nothing in the communication mobilisation of seventy-five thou-localities, persons with monoy to Frederiek. Diversey, Assistant

the economic depression made by M. Paul Boncour to Sir sand sacks of flour.. August 20 the United States of hand following the heavy

Invest, merchants who need the econontist in the State Department, government brought new indict. strains of the past week and are began and it is recorded that a John, Simon concerning France's The Ford plant at Edgewater in bouring banke, are able to assist behalf of America. The meetings banking facilities, and even neigh-will conduct the discussions an ment charges against him. He is engaging in guerilla warfare substantial diminution in the num-disarmament polley to justify the Now Jersey has been closed down, the banks that have been in trouble, will, however, be in the Treasur now boing charged with violating against the Communists and stu-ber of unemployed has taken place figures published in the Echo de

throwing twenty-five thousand the American bankruptcy laws. dents. The latter are armed within many countries, particularly in Paris.

workers into idleness.

While the Government is still offices instead of the State Depart- Great Britain, Australia, Canada, The Echo de Paris asserted that

willing to assist, Mr. Woodin i mont as heretofore, Ireland, Belgium, Italy, Chile, Den-France had indicated willingness

It in pointed out that, should NO PROSECUTIONS.

said to have suggested that the mark, Portugal and Roumanla.—to reduce her effectives by 300,000

Federal Government should adopt a lump sum be rejected, Sir Fre |British Wircles.

men and to reduce the term of Twolve thousand tool and die policy of helping communities derick and Mr. Acheson will un- service to eight months-Router. makers have joined, the ranks of that seem to be canor to help doubetly discuss a revision o the semiamibial. "Instalments. In strikers at Detroit, Flint and themselves

that event, observers said, Gront Pontiac.

According to the plan that was Britain is not likely to make any The Coal Code became effective said to have been considered. local pledge regarding such instalments, ns from to-day, but there are over leaders will announce how much unless the value of the dollar could? a hundred thousand steel and coal help communities can give and, workers continuing the strike in after that the Reconstruction Flo made consonably stable for tho

period of the payments. Western Pennsylvania, Ohio and ance Corporation will help. This It is hellowed that the first nego- Indiana,

plan, it is said, appeared to Mr. tiations will be preliminary and

YOUNG MARSHAL

IN SWEDEN

hand grenades.

FORTY SOLDIERS SLAIN,

Later.

It is now stuted that at least; The destroyers H.M.S. Keppel, 75 have been killed, of which HMS. Witch, H.M.S. Wren and

"LEAVES FOR LONDON number forly are soldiers and fent.1.3. Veteran, arrived fiero last TROUBLE OVER

TO-MORROW.

are officers. Twenty students are vening from their 'cruise In Japaneso

watera. among the dend. Stockholm, Oct. 2. Pedestrians in large numbers Chang Hauch-llang had audience have been struck by stray bullets The s.s. Burdwan loft Singapore for of the King and lunched with the and hundreds have been wounded, this Fort on the 2nd Instant at 0 p.m. tha resources of and is dud here, on the 7th instant at Princes yesterday. He is visiting overtaxing

about 6 am. various Swedish Industrial plants Havana's hospitals.-Reutor. to-day and to-morrow and will be leaving for London on Wednesday. -Reuter.

IRREGULAR

STOCK MARKETS

BUT, BRITISH FUNDS

· REMAIN STEADY

London, Oct. 2

"1

ANTI-AIRCRAFT BATTERY

LYEMUN SECTION TO BE BROUGHT UP TO STRENGTH

NANKING FINANCIAL

PROBLEMS

successful.

The Attorney-General to-day Woodin as the most logical means that other British officinis may Nanking, Oct. 3. fasued orders to the Federal At of thawing out the frozen deposits. join a fater if the Brat talks aro Well Informed circles bellove torneys to refrain from prosecut- that there was a danger of a Ing violators of the Codes. breach between Marshal Chinng Reuter. Kai-shek and Mr. T. V. Soong over the disposal of the funds of the American Wheat loan, which has }been avoided.

INFLATION ISSUE.

SENATE BANKING INQUIRY

Dillon, Read's Turn Next

STOP PRESS

President Roosevelt and the Sec- The Improvement in the altun-retary of Treasury, Mr. Willam tion is shown by the return from Woodin, are stated to be of opinion Shanghal of Messra, Vang Ching that there is sufficient wealth and

Peking, Oct; 8, wel, Taong Chung-ming and Huang Idle money in most communities

The vernacular newspapers thin Hongkong's defence forces have unit with an additional compla Fu, the Chairman of the Peking of the United States to assist the been added to during the past two mont of officers and 24 men from Political Committed.

closed banks in getting on their

morning declare that Poltalho Washington, Oct. 3. hoach has been occupied by bandits months by the formation of an England.**************

Rumours of Wang Ching-wel's feet and resuming business with anti-aircraft battery which is to In charge of the battery will be intended resignation liavo, ended out resort to inflation

The Senate Banking Committeo who, however, are not molesting be stationed at Lyemun. Captain D.D. Mitchell, A., and with his return to the capital. A survey by the Federal Reserve roaumon its enquiries into the the few foreigners who remain at

In the past the anti-aircraft Lieut. H.F.G. Chauvin, R.A.. who In a press statement. Mr. Wang banks and representatives of the operations of privato, banking the seaside resort training hat boon, done by a will be arriving in the Colony later Ching-wel said he had reached an Finance Corporation is said to have concerns to-day when the four The story cannot be confirmed at Rubbors finished below beat on section of the 12th. Dattary R.A in the year. Twenty-four men understanding concerning the shown that persons Interested, In partners of Messrs, Dulon, Read present, but it appears to be easily profit taking. but tins were firm, and it has now been found advis-who are to be attached to the financial problems with Mr. T many of the closed banks thought and Company will be questioned vosalble-Reuter German bonds wore weak and able to bring that section up to oxisting noction arrive here on the Soong during their Shanghai meat the Government would attend to the regarding loans floated by the Kafies qulot-British Wireless, strongth by making it a separate troopship Neuralla on October 27. fage Speeld),

The stock markets closed with semo irregularity, but British funds remained steady, with Wdr Loan 8% per cont. at 101%.

matter sooner or later and did armReuter,