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The
FINAL EDITION
Library, Supreme
Hongkong Telegraph
FOUNDTI 1632 No. 1433
KĦA WU=XWF FRIDAY, FEBRUARY
1934.
二日六十月二十
KINGLE POFT 10 GENTS
$14.00
DUNLOP Fort
In a class by ttself
DUNLOP
FORT
DOUMERGUE CABINET COMPOSITION FORECAST
STOCK. MARKET BOMBSHELL
NEW ROOSEVELT MEASURE
POOL OPERATIONS
PROHIBITED
(Special to "Telegraph")
(De Telegraph, Cappright, Telegraphia Mro. ages Ordinaner, siti. Berived, February
* 10.80 4.ms
Washington, Feb. 8.
M. Barthou.
Likely ForeigA Minister,
DUC DE GUISE'S PROCLAMATION
The whole organisation of ZARONAIS some of the leading opera- tors on the New York Stock Exchange will be brought tumbling about their ears by the new Government Bill for the regulation of the Stock Market.
The Bill is to be introduced in the Sonate to-morrow. It gives the Federal Trade Commission drastic power to control all activities in stocks and shares, providing among other things, that:
All stock exchanges must be licenced;
Call for Restoration of Monarchy
Paris, Feb. 8.
The Pretender to the Throne of France, the Duc de Guise, has issued a proclamation from his oxilo in Belgium, addressed to the Frenchmen of all parties, condi- tions and origins,
"The hour has come," he saya, "for a rally to the Monarchist
'Pool operations are prohibited; Marginal trading is to be severely principle on which the grandeur
restricted.
Pool operations will be legally re- garded as criminal conspiracy punishable by fine or by Imprison- ment.
Marginal trading will be severely restricted by the simple process of requiring all marginal accounts to be covered by fifty per cent, in cash.
At President Roosevelt's request, the Bill also provides for supervis sion of the commodity exchanges.-- Router.
CYCLIST KILLED
YESTERDAY
of Franco was founded."-Router.
SOLID SUPPORT
DOUMERGUE'S HOPEFUL-START-
MAGIC RETURN OF CONFIDENCE
Paris, Feb. 8. France is still waiting for KNOCKED DOWN BY Jan official announcement re- garding the composition of the new Cabinet. ̈·
LORRY
A fatal accident, in which the
M. Doumergue is still engaged victim was a bleyclist, occurred
on the task of Cabinet-making, on the Castle Peak Road yester-
though there are indications that day, according to a police report. it is nearly completed. It will prac-
Liu Wu reports that while driving his lorry between Rutton tically be a Cabinet of ex-Premiers Joo's Bungalow and Sham Teen according to predictions by those Bay, two Chinese on bicycles, in closest touch, though it has not travelling rather fast, approached necessarily been composed with him on the right-hand side of the that objective. road.
It is
now
M. Tardieu. Public Works Departmant.
M. Pierre Lavat.
Minister of the Interior.
M.
DOUMERGUE CARRIES ON
HAILED AS THE SAVIOUR OF FRANCE
PARIS RAGE TURNS TO ENTHUSIASM
(SPECIAL TO “TELEGRAPH").
(By Telegraph. Copyright, Telegraphic Messages Ordinance, 1894. Received, February 9, 0.68 a.m.)
Paris, Feb. 8.
While the Duc de Guise, pretender to the French "Throne,” has seen in the Parisian riots an opportunity for another appeal for a restora- tion of the Monarchy, M. Doumergue, the new Promior, is proceeding quietly with the task of forming his Cabinet.
Public sympathy and support is with him whole- heartedly, although he took pains to warn journalists that he is no thaumaturgist: indeed, he distrusted miracles.
It was his intention, he said, to become Premier without portfolio in order to keep his hands free to deal with the situation.
A feeling of content has replaced the unrest of
A Paris since M. Doumergue began his task.
M. CAILLAUX CALLED TO OFFICE
He has already made, one very
important decision.
Recognising that budget in- believed that M.stability has been one of the basle One of them swerved and fell, Doumergue will take the portfolio causes of the difficulties of his pre- New being run over by the lorry. The of Minister of Justice, as well as youth, named Tom Mon-wai, 17. the office of Premier. was taken to the Tsun Wan Police Station and later conveyed to the Kowloon Hospital, where ho died shortly after admission.
SIR P. CUNLIFFE LISTER
LEAVING SHORTLY FOR HOME
London, Feb. 8.
.
PROBABLE MINISTERS.
decessors in office, M. Daumergue has summoned another septuagen- arian, M. Joseph Caillaux, the bril
to become Minister of
It is indicated, too, that he williant financier, who was Premier offer the Foreign Ministry to M. during the Agidir Crisis of 1911
WAS Barthou (who
President. Lebrun's second choice for the Premiership). M. Barthou is a
Finance. There Radical with Right sympathies on
has long been some issues.
a feeling in M. Herriot, one of France's most non-political trusted statesmen, will probably be quarters offered the portfolio of Minister of France that M. Education, M. Laval going to the Caillaux would Ministry of the Interior, and M. have to be re- Tardieu, to the Ministry of Public enlled to the Works.
STRONG BACKING.
in
PARIS WAITS
EAGERLY
M. Herriott, who is slated for the Education Ministry in the Cabinet.
RIOTING IN LYONS
A
MINOR COMMUNIST DISTURBANCES
TROUBLE EASILY QUELLED
Paris, Feb. 8. Communist demonstra- tions occurred in many parts of France yesterday, with minor, riots in most of the chief centres.
Very little serious disturbance appears to have occurred except at Lyons, where stones were thrown at the police and several crashes occurred between the demonstra
ors and gendarmes.
Crowds paraded through the street singing the Internationale, aut except for isolated cases, the police' were not greatly troubled. In the meantime, the Civil Ser-
vants Union has decided to co- operate in the joint general strike which has been called by the on- ederation of Labour for Monday.
-Router.
THE SAVIOUR OF FRANCE
M. Doumergue and the Constitution
Paris, Feb. 8.
"I am not a revolutionary. I shall apply the constitution. Whe- thor it may be necessary to rovise it is another mattor," said M. Doumergue to an interviewer to-
Cabinet Not Yet night.
Chosen
Like Cincinattus, who was called from the plough to become Dictator of Rome, the now Premier has Paris, Feb. 8. given up a happy existence on a to answer The eagerness of France to quiet provincini farm learn the names of the new the call of duty, ' Cabinet is shown by the large Ho is now being. hailed as the
+
crowda who waited for hours this Javiour of France.-Router. afternoon and evening outside the Quai D'Orsay expecting an of- nctal announcement at any moment.
M. Doumergus was inside the
Quai D'Orsay conferring with.
RED
numerous political lenders, but! MENACE IN
bis task had not been completed
at ten o'clock to-night.
Troops were standing by in the courtyard Icat there should be any recurrence of disorder, but the crowds were peaceful and in cheerful mood.
FUKIEN
(Special to "Telegraph")
Foochow, Feb. 8
It is learned on reliable au- The "Reds" in north-western
PEKING
ANGLO-JAPANESE RUMOURS TRADE TALKS
TOKYO UNDERSTANDING Beginning in London.
WITH GERMANY
RECOGNITION OF MANCHUKUO
Peking, Feb. 9.
The local Chinese newspapers report that Japan's efforts to reach an understanding with Germany regarding the status of Manchukuo have met with
Buccess.
The papers quote a statement made by an American congressman In New York, pointing out that the international atmosphore is charged with greater possibilities of war as the result of a secret understanding reached between Japan and Germany.
Soviet press Meanwhile, the charges Britain with having adopt- ed a more conciliatory attitude to- tne regard to ward Japan in
For in- status of Manchukuo. stance, the Tass Agency allegea cnat Britain has made an invisible loan to Japan in the form of concession made in the Anglo- Japanese trade negotiations Central Nc08.
1
(The trade negotiations have not, of course, bagun yet).
HONGKONG BANK
REPORT
VERY SUCCESSFUL YEAR
4
Next Weck
London, Feb. 9. Tho Board of Trade announces that it has been arranged for the discussions between representatives of the United Kingdom and japanese cotton and rayon industries to begin at the Board of Trade on February 14.
Sir T. D. Barlow will lead the United Kingdom delega tlan and Mr. Okada the Japanese-Reuter.
HANDLEY PAGE INVENTION
FRANCE TO USE
SLOTTED WING
SUBSTANTIAL SUM PAID
London, Feb. 8.
The French Air, Ministry has concluded an agreement with Handley Page, Ltd., and have paid a substantial sum to them for full rights of the French Air Force and French manufacturers to fix Handley Page slotted wings to their aircraft in French territory.
The report of the Directors of the
This decision to purchase by the. Hongkong and Shanghal Banking Corporation for the year ending 31st Government was taken after ex- December, 1938, states:
haustive trials, which fully sub- The net profits for the year testantiated the increased safety with $3,430,033.39, balance which the slotted wing gives. Brought forward from last account, incidentally, they confirmed the after paying all charges, deducting
making wisdom of the decision of the Bri- provision for bad and doubtful ac-tish Air Ministry in standardis Interest paid and duo, and counts and contingencies, amount to Ing the fitting of Royal Air Force $18,646,058.12.
The Directors recommend writing
off Bank. Premises Account the sum of $1,600,000.
After making this transfer, de-
ducting the interim dividend of £3 per
share,
pald on 7th. August last,
(viz.: £480.000 @ 1/4%%=30.081ere
and remuneration to Directors. remains for appropriation $10,002,- 943.03, out of which the Directors re- commend the payment of a final dividend of £3 per share, viz., £480,000 which, at 1/6, the rate of the day, will absorb $6,630,216.83.
be
The balance $1,402,728.10. to carried to New Profit and Loss Ac-. count.
of the The sterling equivalents assets and liabilities are shown at 1/5, the rate ruling on the last day of the year.
NANKOMMEN
MRS. PEARL BUCK'S STORY QUEST
Extended Tour For Material
Shanghai, Feb. 9.
The famous, authoress, Mrs. Pearl Buck, is salling this morning aboard the Conte Rosso to undertake an of Indo- extensive, tour China, Slami, the Malay States, and India to search for materials for articles and books-Reuter.
Directors This Hon. Mr. C. G. S. Mackie has been elected Chairman for the year 1934, and Mr. J. P. Warren has been elected Deputy Chairman. Mr. T. E. Pearce, Mr. T. H. R. Shaw and Mr. W. H. Bell retire in retation, but being eligible for re-election, offer Mr J. A.
Acraft, the right to do so being ne- them.selves according),
the Colony, has quired a few, years ago for £100,- Plummer, having resigned his seat and Mr. K. S. Mor 000. rison has been elected to
the
vacancy. The requires confirmation. The slotted wing device consists Auditora. The Acecunts have been mainly in auxillary winglete audited by Mr. John Fleming, O.A. which, in normal lights, lia flat and Mr. H. R. Foroyth, GA who against the leading or front odgo offor themselves for re-election.
#
NOW YOU TELL ONE
of the wings. When the aeroplano.. loses flying speed and gets into a potentially dangerous attitude,
with its nosa up and its tall down,
those winglets automatically slide out from the front of the wings, and the effect of the slot thus created between the winglets and the main plane is to proservo an
turo.png admet k
abandoned the idea of fue in Fuklan are becoming a rave Japanese Story of Border broken air now over the struc-
Iden forming menice. They are now advancing
Finance Minis- A Nairobi incasage says it has
try, but none of M. Doumer- boon tentatively arranged that the Colonial Secretary, Sir Philip Cun- M. Doumergue has the whole of gue's predeces liffe Lister, who has been there, the Senate solidly behind him and sora kave had ahell, embark at Mombassa on the whole of the Chamber, with the the courage to February 18th to return to Eng-exception of the Socialists, Com tako the stop. land. British Wireless.
munists and a few dissident It will be res
a Cabinet of ex-Promters and also down the Min River by two routes. Radicals. Ho is thus assured of n called that M.
the idea of an Extra-Parliamon-According to advices from the great body of support.
Caillaux was the victims of the natury' Cabinet-Reuter
upper valloy of the Minklang. The prospect of a Doumerguetionalist campaign in 1917, being
large concentrations of "Reds" Ministry has worked liko magic In
under the command of Lo Ping. accused of complicity with Ger- the financial centres. Francs and many. He has often been dea
Hui dro in Yung An, Sha-Halen and rentes and other French stocks rose eribed as the best-hated man in
Yangkow and threaten to advance to advance on Yenping. T sharply, while the fever of unrest France.
The Contral Government milit ary authorities in Fukian are dle
HULL CITY WIN
...
Router.
We have received a
MIN RIVER FIGHTING.
Incident
The pilot thus maintains full control in circumstances whilch might otherwise send him" into n` Harbin, Feb. 9, nose-dive and spin, a stato of The Japanese allege that two affairs responsible for ninety por thousand anti-Manchukuo troops, cont. of falat flying accidents
to February 2 and appealed entered Saviet territory on January British Wireless. to the Soviet military authorities at Habarovsk not, to permit them to
Foochow, Feb. 9. LINCOLN CONCEDE
has fallen over mora sharply. It is interesting to note he was Hostilities between the Heds"
BETTER WEATHER? TWO GOALS.
Financo Miniator InM and the Cantral Government forces London, Feb; 8.
Doumergue's only previous Cabinet, have started along the banks of curing plans with the Cantonese-enter-Manchukio with arms as The Cantleyclone remain In the second division of the
number of from December 1913 to June 1914. the upper Min River. Sovare fight troops in southern Fukien border this would violate the friendly changed over the Low
and neighbourly relations between | Valley?” Local... forecast:-Na English League to-day, Hull City, attractiva Chinese calenders from Ho resigned owing to the murdering is taking place around Yiuchi, for a combined attack to be playing at home, defented Lincoln Mears. China Underwriters, Ltd. of the editor of Le Figaro by his come distance to the south of launched on the "Reds."Central Manchukuo, Japan and the Boylet. winds, moderate; cloud, probably
Improving, YeppingCentral News News City by two goals to nil.--Reuter, and the China Blam Line.
wife.-Router.
-Router.
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