1933-12-07 — Page 15

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The

FINAL EDITION

Hongkong Telegraph.

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No. 14172

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KAI TACK SEAPLANE CRASHES NEAR BORDER

PILOT ESCAPES NEW CARDINALS TO

UNHURT

R.A.F. CORPORAL SLIGHTLY INJURED

FALL INTO PADI FIELD

1

CORPORAL A. E. V. WINTER, R.A.F. WAS SLIGHTLY INJURED THIS MORNING IN A MISHAP TO A KAI TACK SEAPLANE WHICH - CRASHED IN THE NEW TERRITORIES NEAR.

LOKMACHAU.

The machine was engaged in exercises when, it is believed, engine trouble developed, com- pelling the pilot to make a crash landing on the outskirts of the village of Sam Tam, close to Lokmachau police station.

The pilot escaped practically unhurt, but. Corporal Winter was taken to the Kowloon Hospital suffering from abrasions and shock.

Enquiries at the hospital. elicited the information that his injuries were not regarded as serious and that he was able to return to the neroddrom at Kai | Tack after medical treatment.

detalls Only scanty

available. mishap. are R.A.F. quarters decline to make any statement concerning it.

ITALY AND LEAGUE

of the NOT LIKELY TO TAKE

INITIATIVE

MACHINE DAMAGED.

Omelal

It is learned, however, that the crash occurred shortly after nine o'clock

this morning, and that

ISSUE OPEN

DISCUSSION

*

Rome, Dec. 7.. learned from well inform-

'BE CREATED

Honour for Monsignor Constantini

Vatican City, Dec. 6. It is stated that His Holiness

will the Pope create some seven new *cardinals before the con- clusion of the Holy Year. They will probably include Monsignor Constantini, who until recently was Apostolic delegate to China,- Reuter.

LONG UPCOUNTRY HUNT SUCCEEDS

MRS, HUNTER'S 'BOY.' ARRESTED

VICTIM MAKING PROGRESS

After being hunted by police for almost a week, in connexion with the brutal

FUKIEN RAY attack on Mrs. H. J. Hunter,

OF HOPE

SOUTHERN PEACE PROPOSALS

BEING DISCUSSED IN NANKING

Shanghai, Dec. 7. A ray of hope for the peaceful settlement of the Fukien revolt is seen in the pence conference proposals from leaders, in the South.

at her residence in Kowloon, Tong Wing-hok, house coo- lie, is now custody.

It is understood that the arrest- ed man was-apprehended by long- kong police officers, working in with the Canton co-operation police, about a hundred miles inland from Kongmoon.

DRAMATIC ARREST.

The scene of the dramatic arrest was the man's native village, Moon Tong, in the district of Yan Ping, accessible by rail from Kongmoon.

The Hongkong police had been working on fairly definite clues as to the man's likely whereabouts, and were, thus able to track him down, after a prolonged search. One of the members of the None the less, the man's capture distinctly Central Executive Council said can be regarded as leaders in the South had, in the good piece of work, whilst the co- Canton police past few days, frequently wired operation of the Shanghai urging the settlement of authorities has proved most valu- the Fukien revolt by peaceful able. means and making three definite

proposals to this end. He said Mr. Hu an-min was one of the 1. advocates.

C.P.C. MEETS.

The Central Political Council the plane was damaged, the under-ed-quarters that despite the pre- of the Nanking Government held com-remptory nature of Italy's demand, an important meeting yesterday to

Signor Mussolini has no intention discuss the situation,

carriage being, of course, pletely wrecked.

Police officera at Lokmathau rendered

what assistance

the airmen

possible to

arranged for the transport Corporal Winter to hospital.

SECOND MISHAP.

!

last Thursday afternoon. He is now held in custody at the Kow loon Water Police Station.

The victim of the attack, Mrs. of taking the initiative in revisioni It is reported that the peace Hunter, is still in hospital, but she of the League constitution. proposals were examined, but is making sary satisfactory pro-1 of the Fascist nothing could be learned of the gress, her condition during the The decision and Grand Council, it is said, should results of the deliberations except past few days having shown mark-

of be interpreted as an invitation to that Mr. Chang Chi has postponed ed improvement,

foreign Powers to submit new pro-hla trip south, pending further posals that can be discussed Instructions from the Central through diplomatic channels or at Government.

WAS

a meeting of the League Council. It is officially denied that the Grand Council will draft a scheme for the reform of the League

Kal Tack This is the second mishap in the past fortnight.

On

a

Reuter.

November 22, a seaplane made bad landing in the bay off the

herodrome, striking nose-first and

overturning. The pilot and ob- ROOSEVELT CONDEMNS

server extricated themselves and were rescued by launches.

THREE IN MACHINE.

Later.

ma-

LYNCHINGS

With Word For Governor of California

Mr. Chang Chl, it will be re- membered, whn assigned the!

of

the Inission

approaching Southern leaders on steps for close co-operation between the Central Government and the Southern Ad- ministration in dealing with the Fukien rebels-Central News,.

COASTAL BLOCKADE.

Nanking, Dee. 7.

It is officially announced that from to-day all steamers leaving and proceeding to Fukion ports will be subject to inspection by Nanking gunboats patrolling the

conat.

LATEST ROOSEVELT ORGANISATION

National Emergency Council

Washington, Dec. 0. President Roosevelt has created charged with centralising

National Emergency Council, in- formation and coordinating the activities of various Governmental agencies.

Tong Wing-kok, otherwise known a Al Wing, who has been arrested after police hunt which carried

detectives a hundred miles into the hinterland.

JAPANESE TRADE METHODS

ALLEGATIONS IN COMMONS

GOVERNMENT'S PROMISE

London, Dec. 7. Japanese competition with British manufacturers in the Dominion markets was again

ese

SCOPE OF ATTACK

London, Dee, 6.

"

#13

2

STATE CONTROL

NOT SOUGHT

ROOSEVELT BANK SHARE DEALINGS

MR. J. H. PERKINS EXPLAINS

NEW YORK, DEC. 6.

THE PAR VALUE OF THE COMMON STOCK IN THE NATIONAL CITY BANK OF NEW YORK IS TO BE REDUCED BY 371⁄2 PER CENT: UNDER THE SCHEME FOR THE PURPOSE OF. PRE- FERRED STOCK TO THE VALUE OF $50,000,000 BY THE RECONSTRUCTION FINANCE CORPORA-

TION.

Full details of the proposals, which permit share- holders to subscribe for the new preferred stock, are outlined in a letter by Mr. James H. Perkins to the shareholders..

A Presidential statement denying that there is any intention on the part of the Administration to obtain control of the banks is quoted.

NATIONAL CITY BANK

LETTER

The following is the full text of matter, have given their approval the letter which was mailed yester-on condition that the capital re- day to the shareholders of the leased by such reduction of the National City Bank by the Chair- par value of the shares be applied to writing down assets and that no. man of the Board:

distribution on account thereof be made to the shareholders.

To the shareholders: "In these times the abligation of) a commercial bank to its deposi tors, customers and shareholders

SUPPORTING PRESIDENT.

banks

000.

NEW SET-UP.

BOOK VALUES,

TO-

ESCAPED SAME NIGHT. FOR

There now seems little doubt discussed in the House of that the fugitive left the Colony Commons last night. on the by the Kongmoon bont

After using the released capital' Dr. L. Burgin, replying to night of the attack, which occurred

by Japanese and maintain an adequate degree readjusting, the new set-up will allegation that British trade marks is to pursue a conservative policy in this way and applying and had been imitated firms, said that if British makers' of liquidity, to reduce expenses be

Preferred Stock Five per cent. "In the eight months since

Cumulative, $50,000,000, the par registered trade marks were in-and to increase_reserve.

last wrote to you, we have pro- value of the shares being $20 fringed, action would be taken.

If the trade marks were copled ceeded on these lines. Expenses, (2,600,000 shares).

Common Stock: $77,500,000, the and firms and the facts were been and are being cut. la an underhand manner by Japan Including officers salaries, have

$12.50 (6,200,000 shares). brought to the British Govern- methods of operation simplified, Par value of the shares being ment's notice, every possible step with resulting economies and

Surplus: $30,000,000, would be taken to asalat British Increase in effeiency.

Undivided Profits: About $5,000,- makers,

... -, The total is $162,500,000 and, in DIPLOMATIC APPROACH.

"Our directors feel that the addition unallocated reserves, not Attention to the matter would be Bank should support the Pre- appearing in the statement, of called through the proper diploma-sident of the United States to his about $10,000,000. tic channels to those in authority programme of strengthening the WIth the adoption of the plans, In Japan.

capital structure of the banks of the assets of the Bank will be Such practices were reprehen- the country and in his campaign carried at conservative values and sible and were such Which no to bring about business and in-it will be reasonable in my judg-

expect substantial government desiring to carry on dustrial recovery. They also feel ment, to worldwide

commerce ought to that we should accept the offer coveries with the return of more

which the Government has made normal conditions. tolerate-Reuter,

ito purchase preferred stock in the

natlonni banks.

In connexion with this offer the-ne book value of our common President said: "I understand stock or the new basis, including. that the question has been raised the net worth of the City Bank Colonel Colville, answering In some quarters that the Govern and Farmer's Trust Company, but The Council is made up of Mr. question on behalf of the Presidentment, wants control of

excluding the $40,000,000 general Harold L. Ickes, Secretary of of the Board of Trade, said he had through ownership of preferred reserve and any interest in the Interior; Mr. Henry A. Wallace, received reports of competition jatock,

City Company of New York, Secretary of Agriculture; Mr. from Japan in the various colonial

Incorporated (formerly NOT TRUE. | Daniel C. Roper, Secretary of Com-markets, affecting a number of

National City Company) will be merce, and Mlas Frances Perkins, United Kingdom manufactures "Nothing could be further from in excess of 121 per share. Secretary of Labour.

other than cotton textiles, includ- the truth. The Government only "On the plan becoming effective wants to help provide banking | I expect to recommend the pay.

to capital adequate meet the ment on February 1st next of credit needs of the country, and dividend of twenty-five cents" n° through buying, and lending upon share on the common stock for the preferred stock and capital de- last quarfer of the present year. bentures, It accomplishes this without undue demands on present) shareholders.". (I the case of "It is planned to continue the Canton, Dec. 7.

National banks, the Reconstruc City Bank and Farmers' Company. The Canton Government is

tion Finance Corporation la only RR a separate entity devoted to awaiting with keen interest a re-

uthorised to purchase preferred.trust. business, It has at present port by General Li Han-yun, who

(stock). is returning from Kwangel after

"We are proposing that the Banka capital of $10,000,000, a surplus or $10,000,000 and undivided. approaching the Kwangsl leaders

In reply to supplementary ques. co-operate with the President's profits in excess of $1,500,000, attitude and ascertaining their

tions, he said the Government were programme; that it increase ita The existing Lawa sanction its towards the Fuklen rovolt.

keenly watching this intense com- capital stock by issuing and sell continued afliation with the General Li is believed to have also For the better guidance of petition and were actively con- ing to the Reconstruction Finance Bank, provided it becomes a mem consulted with the Kwangsi author-motor traffic in Kowloon, four now sidering the question.

Corporation at par and accrued ber of the Federal Reserve system. Ities as to appropriate measures beacons are being erected at the

Regarding negotiations, it was dividends, (subject to being first This it plans to do in the near to be takon to secure co-operation Junctions of Nathan Road and

offered to our own shareholders); ; future. : Government's in dealing with

general Jordan Road, Nathan Road and the

$50,000,000 of five per cont, "You were advised by mo last altuntion.

Gascoigne Road, Nathan Road and negotiations among in the Western Pacific, with n

General Chen Chal-tong held a Waterloo Road, and Nathan Road should be allowed to proceed first cumulative preferred stock, and April that a completo separation to see what progress could be that at the same time decrease the of operating personnel had taken total population of 34,000, has It is learned on high authority milltary conference yesterday at and Lalchikok Road,

common stock from $124,000,000 to place between the Bank and the The beacons will have a station- | made.-British Wireless, offered the sum of £750 as a con- that Mr. Koki Hirota, the Foreign his headquarters to discuss the

|$77,500,000 by changing the par National City Company of Now: tribution towards the cost of the Miniator, is intending to proceed results of General Li Han-yan'sary red light with the word "Slow"

value from $20 to $12.50 a share Tork. Since then the latter has defence services of the Empire, to China for the purpose of permission to Kwangs!. Central Illuminated beneath it. They wilt

without, however, changing the moved to other offices, changed ita The offer has been gratefully sonally conducting negotiations News,

be about 4 foot & Inches, in height.

· WEATHER OUTLOOK

number of shares outstanding. name to the City Company of accepted, and the High Commis with the Chinese authorities for

The anticyclone has weakened

Now York Incorporated,” and al *APPROVAL GIVEN. slightly and moved south-eat-

separation of directory has "The Comptroller of the Cur- occurred, but, on account of ward. It is now contred over

(Continued on Page 9.) North China and Korea. Local rency and Federal Reserve Board, the times, progress towards forecast:-N.E. winds, fresh, fair, which will have jurisdiction in the

It is learned that there were two other occupants of the chine, in addition to Corporal, Winter, but neither of them suffer- ed any serious hurt.

Arrangements are being made diplomatically regarding some de- Washington, Dec. 5. Strong condemnatios of lynch-talls of the blockade, ing was expressed by President Roosevelt in an address, which was

The fortunate feature of the broadcast, to the Federal Council mishap was that the machine land-of the Churches of Christ in ed in a padl field, the shock of the America. crash being minimised somewhat by the soft mud,

He described the recent lynchings in the United States as a vilo form

It is understood that the proof collective murder called Lynch pellar blade was broken when the Law, machinu almost overturned.

SMALL COLONY'S GIFT

TO AID

IMPERIAL

DEFENCE

London, Dec. G The Government of Gilbert and Elico Islands, a Colony which comprises a group of small islands

He added, referring to the Governor of California's comment: "We do not excuse those in high or low places who condone such practices.”—Rentgr.

MR. HIROTA TO VISIT CHINA

OUTSTANDING ISSUES TO BE DISCUSSED

Tokyo, Doc. 7.

MISSIONARIES WITHDRAW.

Shanghai, Dec. 7. The withdrawal of missionaries from the Min River region to

Mr. Frank Walker, executive ing secretary of the Recovery Council, Foochow has been completed.

There is now not a single has boon appointed Director of the missionary in Yenping or other now committee-Router. towns in the danger zone.-Reuter.

KWANGSI TALKS,

the

NEW TRAFFIC BEACONS

FOUR. MORE FOR

KOWLOON ."

stoner for the Western Pacino has the settlement of outstanding pro- The Post Offies announces a special

Attacked in Des Voeux Road Cen 'boen asked to convoy to the blems.

Chrisimas postcard servico for Great Colony the sincero apreciations of Whether the "outstanding pro Britain and Europe by the air mail at two men carpenter Ham

8th December, Tai-lam, was admitted to the Govern His Majesty' Government in the blems" have any relation to the closing at 6 pm." United Kingdom British Wire Manchukuo question is not known. The total cost, including a standard ment Civil Hospital yesterday with

scalp wound. fils assailants escaped Central News.

postcard, is 50 cents,

asbestos,

cement shoots, cement made up,

cotton goods and rayon goods, cycles and cycle parts, galvanised, iron sheets, hardware,

felt hats,

pottery and tiles,

rubber footwear,

boor.

soap and

that vlow. industrialists

•

separate enTITY.

the

4

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