1934-05-23 — Page 1

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ZAD VETAL WEDNESDAY, MAY 23,

1934.

日一十月四

BINGZM OOPT 19 CENTE 336.09 THE ANNUM

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EPOCH-MAKING PLAN FOR BIMETALISM OR A SOP?

VIOLATION OF

Roosevelt Silver

Silver Message Accorded Mixed

COVENANT ANOTHER CHICAGO A RATIO POLICY

SALVADOR MAY BE

CALLED TO ORDER.

RECOGNITION

MANCHUKUO

OF

Genova, May 22. Although Salvador ranks af no real importance in world politics, the announcement that the Salva dor Government has decided to recognise Manchukuo may have serious repercussions.

Salvador is a member of the League of Nations and there is talk of expulsion, though ex- treme action is not considered probable.

The news that Salvador has re-i cognized Manchukuo not only marks the first breach of the united front of the nations of the world to Manchukuo, but also raises the question of how far it affects the fundamentals of the League of Nations itself,

SALVADOR'S POSITION. When the League In special Assembly on March 11, 1932,

DISASTER

Water Tank Wrecks Building

Chicago, May 22. Another disaster occur- red in the city to-day when a huge watertank with a capacity of forty thousand gallons crashed through a seven-storey building.

Four were killed and twenty injured and it is be- lieved that there are other bodies under the wreckage. -Reuter

CRACK PLANE FOR THE EAST

FROM SINGAPORE TO AUSTRALIA

AT 175 M.P.H.

(Special to "Telegraph")

(By Telegraph, Copyright, Veleprashie Mas Qrileance, tars. Revolved Mey

passed the reaolution in regard to the non-recognition of Manchukuo, (75. Pay a only one power, Slam. definitely abstained from voting.

Salvador which attended all

London, May 22.

Britain's plans for a high meetings did not vote and did not speed mail and passenger announce her intention to abstain. service to Australia have League jurists hold, therefore, that Salvador must be deemed to been disclosed by the trials

of a new plane to-day..

have adhered to the resolution.

Consequently, the question arises as to how far Salvador las violated mercial craft in the world, it is The fastest four-engined com- the Covenant of the League and destined for the Imperial Airways exposed herself to censure under eastern extension from Singapore Article XVI,which could Australia and has undergone doubtedly lead to her expulsion satisfactory trials at Hatfield. from the League.

COMPLICATED SITUATION.

It is considered doubtful whether the Council will take any action, especially at the present time when they have no official intimation of Salvador's decision.

The machine has a maximum speed of 175 miles an hour.

Each engine is one of 200 h.p. The feature of the new machine is the special attention paid to absolute reliability as safety in light is concerned.

SAFETY FIRST.

far 23H

* +

MANDATORY

BUT NO TIME LIMIT SET

FOR FULFILMENT

PRESIDENT'S INTENTION

NOT CLEAR

Miss Jons Button, who is nearing record for a woman's solo flight

from England to Australia.

MISS BATTEN

London, May 23. President Roosevelt's Silver Messago, submitted to Congress this afternoon, has had a mixed reception although it conforms to predic- tions. Bimetallism on a'25:75 ratio is man- datory, and the Bill authorises and directs the President to carry the policy into effect. | ON LAST LAP

But no time limit to the completion of the programme is set and the President refers to international negotiations for bringing other countries into line. Typical of the comment on the proposals is that of the Daily Telegraph, which adopts a cautious view and declares that clearly President Roosevelt has been persuaded to give the silver interests a great deal, but it remains to be seen what is the relative im- portance of the mandatory and permissive clauses of the new Silver Bill

Upon that depends whether of the Message is epoch- making or no more than a minor concession to political pressure and inflationist sentiment.- Reuter.

FEATURES OF MESSAGE TO CONGRESS

Washington, May 22. valued at $1.29 an ounce is made President Roosevelt has recom- by Treasury officials in measuring mended to Congress mandatory the supply of the white metal legislation to make silver one-which it will fourth of the metallic base of the nequire in order to maintain the

be necessary United States currency.

proposed 25:75. ratio with gold.

The

to

message. to Congress stipulate that payments on silver

1.300,000,0000 OUNCES NEEDED. The matter may, however, come

purchases. to build up the neces- On this basis, the Treasury before the China Advisory Com-

sary reserve should be limited to will need approximately 2,002,000, mittee when a very

It has accommodation for six-fifty cents complicated

an ounce, Ho far as 000 ounces against the current and very serious situation may teen passengers without luggage domestic silver is concerned.

gold stock of $7,757,000,000. develop, especially as the Salvador and for eight passengers with

Puinting to a decision might help to circumvent luggage, and in addition will carry metallic agreement as the ultimate mately 690,000,000 ounces of sil-

world-wide bi-:

The Treasury now hus approxi. the embargo

It can fly with full load solution of the silver problem, ver, not including any which may licences which has been established at a height of 15,300 feet with one the President reveals that he has be held in the stabilisation fund.

oplum Import the malls, as far as Manchukuo is concerned. engine cut out (or disabled) and already begun Regotiations with it will therefore be necessary for

Henter.

at a height of 3,600 feet with two neighbouring countries with re- the Government to acquire a fur- engines cut out.-Reuter Special.

оп

SOVIET AMBASSADOR

RECALLED

POLICE OFFICIAL

BEREAVED

gard to the use of both silver and ther 1,300,000,000 In order to Hold, preferably on a co-ordinated ferenta its silver reservo-Reuter. basis, as a standard of monetary vniue..

JUST COMPENSATION,

Changes in London and LITTLE DAUGHTER'S to take over the present surpluses

Tokyo Likely

Berlin. May 22.

DEATH

A heavy bereavement has been offered by Mr.. T. Murphy Assistant Superintendent of Police,

The President asks for authority

for silver in this country not re- quired for Industrial uses on a payment of just compensation and. to regulate Imports, exports and other dealings in monetary silver." The President has proposed a

THE PRESIDENT'S

AIM

Finance Journal's Belief

London, May 23. President Roosevelt's aim is to

HOPS OFF FOR PORT DARWIN

WOMAN'S RECORD

IN SIGHT

Batavia, May 23. Miss Jean Batten has left Koepang on the last stage of, her fight from Lympne to Port Darwin.

Reception

AMATEUR OPEN

GOLF FREE OF UPSETS

GOODMAN A 5-1 FAVOURITE

MORELAND ELIMINATED

London, May 22. To-day saw the conclusion of the first round and the commencement of the second round in the British amateur open golf, cham- pionship at Prestwick.

MRS. MASSIE IN NEW YORK: Much Improved In

Health

(Special to #Telegraph") (Ry Tetroraph, Geyericas, Telegraphia Mes Ordinance, 1396 Bootized MEN 23, 0.3) 4.m.)

New York, May 22, Mrs.

Thalia Massic. greatly improved in health as the result of her sojourn In Italy, arrived back in Now York to-day. Sho.re- fused to comment on her suicide attempt. -- United' Press.

DISASTER FUND

TO BE CLOSED AT END OF MONTH

TOTAL NEARING

$4,000

On the whole the first round was remarkably free of surprises, though there were plenty of thrills, The

one really expected result who the defeat of W. Stout, the former English champion, who went down by two holes to. a com

The Telegraph Fund on paratively unknown, player, Fogg behalf of sufferers in the (Liverpool).

gasworks disaster, which, Johnny Goodman, holder of the up to the time of going to American National Open title, who

is a 5-1 favourite to win the British press, totals $3,995.50, is amateur tourney, won his opening being definitely closed on match comfortably, defeating Dr. Thursday, May 31st. Kobb, a Birmingham surgeon, by five and four.

The course was rather souden to. day and there was less wind than yesterday.

It would be much appreciated

if cluba or firma which may be col- lecting for the Fund could arrange to send in their contributions not later than the date named.

There is still need for further are still coming forward and their monoy, as numbers of applicants

cases being investigatód. St. John

In neveral cases, small cash'

AMERICANS CLASH. Two members of the Americas Walker Cup team, J. Fischer and G. Her arrival in Australinas ex-Moreland, clashed in the second Ambulance mon liave been busy preted in about five or six hours, round, Fischer winning by, three seeking out those in need, visiting and she should beat Amy Moll and two. son's record by a wide margin.

the

hospitals and houses where Powell (Swansea) in Miss Butten, a young New Zen second round match, defeated-Eus friends, and checking up address. another victims have been staying with land-airwoman, who left England tace Storey, former British Walker es, etc. on May 8th on her solo flight to Cup player, at the twentieth, while Australia, reached Timor Laland Jesse Guilford, winner of the grants have been made to those Yesterday, only one stage from her American amateur open in 1921, in immediate need, but later there destination.

She is about 520 miles from Port beat Lister Hartley by four and will be calls for further assistance Darwin, but 400 miles of that dis-three.

in some of those, in the way of tance is over open sea.

Among others who qualified for making good lost belongings, etc. Miss Batten has an easy chance the third round were George Dun- It has been disclosed that of breaking Amy Mollison's time lap (U.S. amateur title holder), J., several children who happened to of 19 days for the journey. The Westland, Cyril Tolley, Jock Mo-be playing in the street when the record for the sole England-Aus-Lean and John de Forest.-Reuter, disaster occurred received burns, trulla flight is seven days, four!

and the hours, forty-seven minutes, set up

Ambulance Brigade is .helping in securing treatment in by Sir Charles Kingsford-Smith.

such cases. Reuter and British Wireless.

NEW TELEVISION COMPANY:

MARCONI AND E. M. I. INTERESTS

NEW MADRAS GOVERNOR

In response to the recent ap- peal, some gifta of old clothing have already been received, and further gifts of this nature would be appreciated. They should be APPOINTMENT OF LORD sent to the Brigade distributing

centra at King's College. Already acknowledged.. $3,097.85 II. M. the King has been pleased Tak Hing Company

Walter Brown ...... s* 20.00 to approve the appointment of Tak On ..... Lord Erskine to be Governor of Proceeds of retiring col- the Presidency of Madras, in

Changes in personnel in the and Mrs. Murphy in the death of tax of at least ifty per cent, on Sova Embassies in London and their little daughter. Colleen Mary, the profits accruing from dealings United States in parallel mensuras, Clark (Chairman of Electric and England.

Induce other nations to join the Tokyo are believed to be for Hospital shadowed by ap announcement

who passed away at the Kowloon

In the early hours of in silver. morning.

ERSKINE

•

London, May 22.

London, May 22, A new television company was succession to Sir George Frederick lection at Kowloon floated to-day. The Marconi Com- Stanley, whose term of office will 3rd Kowloon Co. Gir

Union Church pany and the Electric and Musical expire in November next. Industries, Lid, have combined) Sir George Stanley la at present Girls' School)

Guidce (Diocesan and will hold shares equally in deputising as Viceroy during the provincial Grand Lodge the new concern.

absence of Lord Willingdon, who Lord Inverforth is Chairman of last week proceeded from India to Trusteck

(China) R.A.Q.B. the Board, which includes the Europe by air and is now spending

Zoroastrian Marchese Marconi, Mr. Alfred holiday at Alx before coming to

Charity Funds, Hong-. kong, Canton and declares the Financial Times in a Musical Industries Ltd.) and the Lord

Macho that the Soviet Ambassador in

Erskine, who is the Union-Pentreath and Co. leading article on the sliver plan. Managing Directors of the two ist member of Parliament for European Staff Hong- Berlin. M. Leo Chinchuk, has been favourite amongst all her friends

concerns. The President, says the journal, The President adds:-"It is, recalled.

Weston-Super-Mare, Somerset, has The new Company will be known been Assistant Whip to the Na-

kong and China Gaa and playmates, was taken ill on clear that we should not neglect has both raised the wide issue of

as, the Marconi E.M.I. Television, tional Government since 1932- lie is to be succeeded shortly Saturday and on her condition be the value of the increased use of international co-operation and pre-

Co., Ltd. by M. Suritz, the Soviet Am-coming pericum she was admitted silver la improving the monetary pured a way of retreat for himself. Company, Ltd. The agreement) British Wireless, bassador in Ankara, Turkey to

relates to high dolnition telov- Reuter.

hospital

yesterday, where her ayaten. Some measures for mak- The artick proceeds to pour

vision-British Wireless. complaint was diagnosed as blood ng greater use' of silver are ap-cold water on the proposals for poisoning. It is not known at the propriate for Independent action international co-operation, recall- moment whether the poisoning was by us, but for others International ing that the Preparatory Commis- caused by food or by an insect bite.co-operation should be sought." sion of Experts which met before

The utmost sympathy will be The

the World Economic Conference, felt for the bereaved parents in legislation at the present

WOMEN POLICE FOR CANTON

FIFTY TO BE GIVEN

TRAINING

Canton, May 23.

this

The

girl, who was n great

LEGISLATION THIS SESSION.

President font inted out that a bimetallic stand-

the severe loss which they have of Congress, declaring that it willard, which pre-supposes a fixed re- sultered.

be the policy of the United States Intion between the value of gold

The funeral will pass Monument at 6 p.m. today,

the to increase the amount of silver and silver must be regarded as im-

monetary stocks, the ultimate practicable. [objective being the maintaining

of one-fourth The Hongkong Society for the Pro- value of the country in silver to of the monotary (Women's

The Canton Police Department Auxillary) acknowledges with thanks three-fourths in gold.

toelion of Chlidren

following

UNSUITABLE.

On that assumption, silver la un- suitable for extensive inclusion In has decided to train a force of the

donations: Lady AUTHORISED AND DIRECTED." the metallic women polles for service In the Southorn, $50; Mr. and Mrs. G. S.

reserves of central banks. city of Canton, The Training Archbutt, $25; Mrs. D. Davies, $5. School has been authorised to en-

He adds that the Executive Finally, the experts were of opin-

that Authority "should be authorised fon list adxty girl students at the A monk, named Ko Chal-fan, 41, at- and directed" to make the silver view of commercial relations with from the point of beginning of next term. If the tempted to end his life by hanging purchases necessary to attain China, trado interests' would bost axperiment is successful moro girl himself in a fiat in Queen's Road East thin objective, students will be enllated-Central | yesterday. He was rescued and sent to

bo served not by a rise in the price The assumption that silver for of silver as such but by a rise in. tha Goxerensal Girl Irganite).

VILLAGER FOUND MURDERED

MAN AND WOMAN › DETAINED.

CHINA FINANCIAL

CONFERENCE

SUB-COMMITTEES FORMED

Nanking, Jiny 23.

Total

10.00

5.00

$

23.16

10.00

$ 20.00

30.00 25.00

$ 150.00

$3,995.50

GILMAN'S

SERVICE

MEANS

The National Financial Con- HAPPIER

Twelve hours after he was re- ported missing, a villager at Sopference begon work in committees Pat Heung. Now Territories, was yesterday afternoon. found murdered.

The agenda includes methods His body was found early this aiming at improvement of tho morning near the foss-house at Lojbusiness tax system and also stops Wal Village. Wounds about the designed to accuro equal treat head indicated that he had been mont of Chinese and foreign anvagely done to death with an businessmon, Foreign traders In iron bar or other blunt instrument. China have so far evaded tho A man and woman, also nativos business tax imposed in various Afzten dirtzlet, esa holugbali_by_porta.

Chinesa Municipal the polled as auspects.”

Authorities Central News.

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