1934-01-02 — Page 12

ENTRAL

THCATRE

TO-DAY & TO-MORROW

At 2.30, 5.15, 7.15 &.9.30 P.M.

THE MANAGEMENT EXTENDS T? IT'S PATRONS THE VERY BEST WISHES F A HAPPY NEW YEAR.

PROUDLY

PRESENTING

BRITAIN'S

BEAUTIFUL OPERETTE AS THE FIRST HIT OF THE YEAR !

L

Frederick Lonsdale's World

Famous Mastapioco, The Greatest Musical Romanco

of All Time !

The MAID of the MOUNTAINS

with

NANCY BROWN HARRY WELCHMAN

HEAR THE DELIGHTFUL MELODIES

"LOVE WILL FIND A WAY”

"A BACHELOR CAY"

THE HONGKONG TELEGR

NO RETURN TO PARTY

STRIFE

MR. BALDWIN'S MESSAGE

London, Dec. 31.

Mr. Stanley Baldwin, in a New Year Message to the Primrose League, says that the events of the past year give every ground for en- couragement.

He refera, in particular, to the steady expansion of Britain's export trade and the increase in employment.

In connexion with the sub stantial, decreases in unemploy- ment in the all staple Industries,

TUESDAY, JANUARY 2, 1934.

NEW DEAL IN AMERICA

FRESH PLANS FOR NEW YEAR

VERITY AGAIN THE BATSMAN

91 NOT OUT IN CALCUTTA

Calcutta, Dec. 31.. Thanks to a brilliant ninth wicket partnership between Town- send, Derbyshire, and Verity, the

BANK CONTROL Yorkshire and England star, the

Washington, Dec. 31. Important financial develop. ments are believed to be portend ed by an announcement that the Reconstruction Finance Corpora tion is offering R.F.C. debentures to banks.

The offer is being made to the banks which have sold or are selling preferred stock to the Corporation, which la now giving them an oppor tunity of purchasing Reconstruction: it is pointed out that for the first Finance Corporation debentures, time in eight years agricultural maturing on December 16, 1936. employment has shown an in- and bearing interest at the rate of crease..

2.5 per cent.

UNLIMITED ISSUE.

M.C.C. put up the respectable total of 331 against the Indian XI for after looking like going out less than two hundred.

Verity played oxtraordinarily good cricket and was 91 not out when the last wicket foll.

Townsend contributed 69 to the

total.

Between them, Townsend and tho Verity put on 140 runs for ninth wicket In 130 minutes. Goralan took 4 wickets for 87 runs.

The India Eleven had scored 161 for 7 when stumps were drawn. There will be no play to-morrow (Monday) diving to the racing. Reuter.

Referring to the improved finan- cial situation, Mr. Baldwin says that it enables the country to look.

The issue of these debentures is blems are, however, still awaiting

a solution. i forward to the future with renew unlimited, being determined only i ed optimism. He emphasises, by the amount that the banks however, that although the New borrow,

Year may be entered upon with Hitherto, the R.F.C. has obtained hope and with confidence, It would pil its funds from the Treasury ba folly to imagine that the work of the National Government is yet completed.

"There are many difficult pro- blems, both at home and abroad, which have to be tackled and the industrial and agricultural policy on which we have embarked needs

Department.

Moanwhile, strong claims are being made for the Roosevelt re- covery programme in an estimate of its results at the end of the year.

RECOVERY RESULTS.

to be extended and consolidated if The Administration recovery we are to establish the trade re- agencies have effected a very re- vival on round and

permanent, morkable period of business re- foundations.

covery according to Mr. Roper, the In that taak we need the co- Secretary of Commerce, who de operation of all. To return now clares that every major business in- to party strife would be little intor is moderately above its short of a national calamity. 1939 lovel. British Wireless.

·LAST 'WO

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1

Ife adds that many difficult pro-

BANK CONTROL. Meanwhile, President Roosevelt has announced that he is returning to the State banking authoritica full control over the State banks not members of the Federal Re serve system, which he assumed in March Inst In consequence of the then existing banking crisis.

The provisions against gold hoarding are not affected by the decision.

According to the Washington correspondent of the New York Times, President Roosevelt has aleo approved a new permanent policy under which about nity million acres of sub-marginal lands will be retired from cultivation at a cost of $350,000,000.-Reuters

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