1933-12-18 — Page 16

CENTRAL

HEATRE

SHOWING TO-DAY

AT 2.30, 5.15, 7.15 & 9.30 p.m.

UNITED FILM Production co.

OF BANGKOK PRESENTS-

"

SIU KIT YUEN

AND

SIU KWAN WOO

IN

"LOVE REDEEMED"

AN ALL-TALKING PICTURE IN CANTONESE DIALOGUE PRODUCED AMIDST THE SCENIC BEAUTIES OF BANGKOK,

NEXT CHANGE

THE DEVIL WON THE GAME!

Higher and Higher!

Faster and Fasterl

She gave herself to the great god | Speed, and tried

to run away "from the fires

within her!

300 miles an hour Then the crashi

CHRISTOPHER

Screenplay by Zoe Alins from the novel by Gilbert Froskov, David O Selznick executive producer

STRONG

The personal story of a million daughters

Katharin

The girl who set the world

nilame in "A Bill'α)

Divorcement" trumphs in

karine a thrilling rola.

HEPBURN

With COLIN CLIVE BILLIE BURKE RALPH FORBES, HELEN CHANDLER

THE HONGKONG TELEGRAPH. MONDAY, DECEMBER 18, 1933.

U.S. INFLATION

EFFORTS TO FORCE UP

GOLD PRICE

Washington, Dec. 17. American experts are reported to be examining a plan to force the world gold price up to or near the American level, in

order

to stimulate the process

of raising commodity values.

►

Opponents of the now plan claim that the device will merely wonken the dollar in relation to foreign cur rencies, though all agree it is equivalent to decreasing the gold content of the dollar.

United States, in a report prepared by Mr. Leo Paavolsky, declares that the United Statoa gold polley can- not be relied upon to restore price lovels but may be a poten' factor in retarding recovery.

It said that Mr. Warren's gold theory was wholly inapplicable to the complex modern world, oven with the aid of such devices as the N.R.A. The commodity price level does not correspond with the rise of the gold price, it continues.

FRESH INVASIONTM

- JAPANESE OCCUPATION OF HSIFENGCHÚ

Peking. Dec. 16. According to a Chineso telegram cavalry and Japanese from Kalgan, 1,000 combined Man- chukuo troops yesterday occupied Hoitong- chu," eastward of Tushihkow, and are rapidly advancing southward. Both General Sung Cheh-yuan, The National: Industrial Con- the Charhar Chairman, and Gen- ference Board's November survey oral Liu Kuei-tang, the Bandit reports further and more seasonal Suppression Commander in East have telegraphed the declines in production, employment Charbor,

distribution. Department Military Council naking for in-. and storu anies have dropped and structions to deal with the situa factory employment has declined for tion..

The Chinese authorities are Professor Watron's gold price the first time since March. Indus- policy, so far, hins not succeeded in trial production has declined sharp greatly puzzled by this latest dovo- raising commodity prices 08 Ex-

ly, especially in automobiles. Steel,lopment and nro discussing mea- pocted. Therefore, it is believed iron electric power, public works sures. to deal with "this" fresh that the United States Administra and the soft coal Industry, are the Japanese invasion of Charhar" tion will shortly decide on more extensive foreign purchases of gold, only bright spots. Car loadings

doclined eloven per cent. although details are purely specula- tive.

Britain and France,

time

Wide Disparity.

since

which they contend constitutes a flagrant violation of the Tangku armistice agreemont.--Reuter,

To Handle Crisia. "Worse than a bad guess" is the

The disparity. In prices received

Polding, Dec. 17. United Staten Administration's

Mr. Chin Toh-shun, Commission- view of the possibility of a by farmers and the prices paid, was monetary agreement with Great 41 por ceat. below the pre-war er of Civil Affairs for Charhar, average. The cost of living had

assist General Sung Cheh-yuan ini Mr. Harrison, Governor of the declined 0.8 per cent, for the first left for Kalgan at noon to-day to April Conimercial handling the new crisis which has Federal Reserve Bank of New York, failures had increased 2.6 per cent developed in caat Charhar, follow- confessed that he communiented |

and the decreased employment in

ing the advanco of a combined regularly, telephonically and tele- graphically with, the central banks several major Industries more than Japanese and Manchukuoan force

into the Kuyuan-Chicheng area, of England and France and also offset the gains in others.

Before leaving, Mr. Chin receiv- conferred with the United States While the hourly earnings rose Treasury officials weekly.

alightly, weekly earnings hnd deed final Instructions from General This, however, did not imply that clined owing to a reduction of the Ho Ying-ching, Minister of War. Colonel Shibayama, Japanese he had broached currency stabilisa-working week.

military attacha hero, admitted to- tion, he stated.-Reuter,

day that Japanese troops had en- tered east Charhar, but gave as surances that the force would bo withdrawn as soon as the bandits Jchol-Charhar frontier

"No Foundation."

New York, Dec. 15. It is understood that there is no foundation for the report that General Hugh Johnson will short ly relinquish the post of Recovery Administrator.

More Criticiam

Washington, Dec. 17: The Brooking Institution. the foremost economie authority in the

LAST TWO

DAYS

At 2:30,

5.10, 7.15 8 9.30 p.m.

4

the

The Secretary of Commerce, Mr. Roper, In his annual report declares that signs of resistance to further contraction had appeared in the first three months of 1933 and by on the second three months' elapse, the were exterminated. tide of defintion

Vernacular newspapera.comment definitely WIR stemmed Confidence was greatly most hitterly upon what they term strengthened in consequence of the an act of fresh Japanese aggres

But it is believed that decisive government netion and sion. business activity had quickened, and Japanese troops will be withdrawn by the end of the fiscal year sub- after representations have been stantial progress was inevitable. made by the Political Council.---

Reuter. Renter.

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SHOUTING THE BOTTLE CRY OF SPREEDOM!

The hilarious comedy of a college whole. team had strong backs and "weak minds.

RACKETY RAX!

VICTOR McLAGLEN

GRETA NISSEN. NELL O'DAY

ARTHUR PIERSON

ALLAN DINEHART

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