1934-08-27 — Page 19

INFLATION IN

AMERICA

STAGGERING TOTALS SUGGESTED

GREAT CREDIT EXPANSION

New York, Aug. 26. While statisticians

pour over charts reflecting the industrial situation, the banking and busi- ness community is weighing one of the most important questions with which it has been faced since the start

THE ∙HONGKONG

A general view of the assembly at Mountain Lodge on Saturday

guides.

H.E. the Governor, entertained ask hundred local scouts and giri

Hongkong Cycling

of the depression. Club

When will the United States ex- perience inflation and can it be controlled after it is actually un- der way?

There is little doubt in the minds

YESTERDAY'S OUTING

TELEGRAPH MONDAY, AUGUST 27, 1934.

JAPANESE TRADE MARK FORGERIES.

CHINESE FINED IN MATCH CASE

4

RADIO BROADCAST

CHAMBER MUSIC FROM THE STUDIO

Wong Wing-sing of No, Gi Des Voeux Road West, was this morn- ing fined $60 and ordered to pay $160 | costs by Mr. Hamilton, when summoned in connection with an

ZE.K. PROGRAMME alleged forged.

trade mark, resembling the property of Jon- From ZBW on a wavelength of kopings Och Vulene Tanstick-360 metres (845 kllocycles). stabrikstiebolag, on match boxes. 1-2.10 p.m. European Programme, Complainants, .the Swedish- 1 pm. Local Time and Weather Chinese Export and Import Firm,

Report.

1:03 pm. Recorded Music. were represented by Mr. E. S. C.

1.15 p.m. A Relay of the Hongkong

Hotel Grill Room.

HAMBURG FIGHT Brook, of Messrs. Hastings and Hotel Orchestra from the Hongkong

SURPRISE

SCHMELING BEATS

NEUSEL

“་་----

NINTH ROUND

1.30 pm. Router Press Bulletins, Rugby Press Nows, etc.,

2.15 pm. Close Down.

G-8 p.m. European Programme.

6-7 pan. A felay of the Hongkong olei Roof Garden. Hotel Orchestra, from the Hongkong

7 p.m. Closing Local Block Que-

Company. After

Det-Sergeant T. J. Hemsley had deposed to the seizure of 120 tins containing matches at the Kowloon Godown on August 14, Mr. H. A. Pearson, manager Band of the 1st Battn: South Wales 5-6 p.m. (Approx:) A Relay of the of the Swedish Chinese Export Borderers, conducted by Bandmaster and Import Company, Asiatic. Eldicott A.R.G.M. from the Mill- Building said his firm were the tury Hospital, Bowen Road, by Kind Hongkong agents for the Valean permission of Lieut. Colonel If, E. of mont business leaders that in-

Company, who were the owners of Williams, D.&.0, M.C. the infringed trade mark. Tho ilation of some kind is inevitable.

"Ta Ti brand" label; which appeared INCIDENT Few of them believe at this time Quite a pleasant outing was en-

on the boxes of matches which that it will take the form of mone-joyed by the riders of the Hongkong

were the subject of the charge.tations, London and New York. Stock .tary

inflation. Rather they Cycling Club who attended the run

Hamburg, Aug. 26. visualize

were calculated to deceive in his and Commodity Quotations. П huge eredit Infla under Mr. L. A. Anning to the paths tion which might conceivably even yesterday. The heat caused the party:

in the Taipo-Shataukok district,

long-awaited fight opinion. rench the staggering total of be-tenger over many of the shady between

Chan Fal-fun, a dealer for the Max Schmeling, Swedish Chinese Export and Im- tween 200 and 300 billion.dollars. paths, and they eventually returned former heavyweight cham-port Company, said that Chow

No responsible economist is pre- a much later hour than usual,

Hing-pui, whom he understood to pared to predict when, inflationary made from the Veady pion of the world, and his be a salesman of defendant firm, Will show ita efecte. A recent

enpace brought the wheelmen to Taipe compatriot, Neusel, ended had offered to sell him matches pall of several thousand business a little before 11 am. Here the

of the "Ta Ti brand, which had executives found the majority con- coastal track was taken until the sensationally to-night.

just arrived in the Colony. Chow had also sent him a sales contract, whereby he pureused 120 tins of the Ta Ti brand matches from the Wong Wing Sing firm, payment of the goods to be made at the time of delivery.

Defendant, in the witness box.

vinced that the country might look for inflation in 1935 or 1936, but | they were vague as to fixing the probable date more exactly. Most of them seemed to feel that all that can be done now is to follow a policy of watchful waiting.

HUGE SUM.

was Vehieu-

The

small village of Shataukok 'wasi reached, when the party turned

There was a huge attendance northwards along the track through for the biggest fight billed in a Shalotungliuk and Namchuk to the

A halt German city for many years and Fanling-Shataukok Road. was called for refreshments at the they reached a shock when the bell commencement of the northward trek, and a little later the run-leader sounded for the opening of the

(Sorry He had ninth round and they saw Schmel-said that his firm dealt in Japan caught a crab puncture). Any excuse for a halting walk from his corner to the ese goods, and the first time he had over this section of the route was accepted with the result that it was ceatre of the ring and Nouse keep heard of the matches not until 5.30 p.m. that Shataukok to his sent. WAR renched. After another. ro-

FRUITLESS SEARCH.

.

The estimate that credit Indo- tion might, in theory at least, reach un much as 300 bitÏlan dollars was given the United Press by a pro- freshment period at this juncture, the In an atmosphere of drumu, the minent banking officia! who re- party resumed the return trip through reforce went cross to Neusel and fused to permit his name to be Fanling and Talpo, Headquarters] he was told that Neunel had given used. Some Federai

Reserve being reached at 8.30 p.m.

up the contest. Board officials, however, believe

It is hopeless, said Neusel. that the amount mentioned is ex- Censive, but have stated that the proper combination of events might precipitate credit Inflation through the Reserve System of US$38,000,000,000 minimum and US$67,000,000,000 maximum.

Excess member bank reserver now stand at around US$1,700.- 000,000. Federal Reserve officials predict that any credit expansion

substantial proportions

Кия

7.08-7.30 pm. Maaleat Comedy. Vocal Duet The Thought never entered my Hend, ("The House that. Jack Built").

Winnie Melville and Derek Oldham.

Regal Cinema Orchestra. Song-If Love, were all ("Bitter

Sweet"),

Selection--The King of Jazz.

Ivy St. Helier (Soprano). Piano Solus-Music in the Ale-

Medley,

Raio da Costa. 7.30-8 p.m.

· From the Studio, A Recital of Chamber Music by Mrs. Nura Kanis (Pinnoforte), Conrado de In Cruz (Violin) and Professor F. Gonzalez (Cello).

Programme.

1. Trio No. 3 in C Major.. on

(a) Allegro.

August 8. He did not order them, but he had received a letter from a firm in Kobe naking him to sell the matches in Hongkong.

has

2.

(b) Andante.

(c) Presto,

Hayden.

Song without Words, Op. 53,

3. Gavotte.

4. Ecstasy.

Mendelssohn.

Leclair,

L. Goane,

Romance Sena Paroles.

5.

Van Goens. 8 p.m.

Local Time and Weather Report.

8.30-10.30 p.m. Chinese Programme. 9.30 p.m. Reuter Press Bulletins,

Quotations.

Mr. Hamilton, in convicting de- fendant, said: You will get into trouble if you go on with this. These people up in Japan are THE EIGHTH ROUND. A high mileage was put up by an

simply flooding the market with energetle Vice-President of the Club; Prior to this Schmeling had won

these goods. This is the third who started some two hours later than three rounds and Neusel one, the case in three years, which has Mr. Anning's party. Having a remainder being remarkably even. actually been detected. Your firm ranged to be in the vicinity of Shatau-

Neither kok at 2 p.m. he made his way vintressed. In

seemed

connection In particularly dia- apparently the eighth round,apan, and you should be more Castle Penk, Unlong and Fanling to Schmeling, who had been fighting careful. You had better write London 1 p.m. Stock and Commodity the rendezvous. Though the 42 miles were covered well inside. there were no signs of the Club; but thrashed his opponent with a

schedule a waiting fight, livened up and back to your friends in Japan and

tell them you got into trouble." undaunted, after a refresher, the series of hooks and uppercuts to

The confiscation and destruction paths southward in the direction of eye in the sixth round. Talpo, traversing many uncomforta- ble miles through maintaining a highị The content was scheduled to go pace during the "hunt." Fanling was twelve rounda. Schmeling was left behind at 3.30 p.m. and another awarded the verdict by a technical search made at Taine before the knock-out.-Reuter. homeward trek was made by the dia- appointed "hunter" which culminated In reaching Headquarters at 5.30 p.m.: Thus a conservative computa- Next Sunday's run will be to B tion of excess reserves available, "surprise" destination and will be for credit gives a figure of about conducted by the Vice-captain, Mr. US$3,800,000,000,-representing the Munas. The starting time will

'of

Cause the withdrawal from ould rider nugmented a search of several the face. He had also cut Neusel's of the matches were ordered

ing of perhaps as much na US$1- 500,000,000. At the same time the national banks already possess authority to issue US$600,000,000 in the currency.

BANKING FIGURES.

total of the items in the preceding paragraph. It is pointed out that this sum could be expanded 10 or oven 15 times for credit purposes, enabling a maximum credit into tion of

$57,000,000,000.-United Prena.

usual, 9.10

WATER LEVELS.

FOR WEST, NORTH AND EAST RIVERS

THE SWATOW "FRATERNITY”

COURT SEQUEL TO NATIVES FICGHT

While giving-hla-evidence-in- an assault case, ut the Central Police Court before Mr. Macfadyen on Saturday morning, the com- plainant, Wong Yuk, a Swatow- nese, stated he felt faint and would like to go to hospital. He

forehead with an opium pipe by Ng Yuk-cho, also native of Swatow, at No. 38. Des Voeux Road Central.

be, as Jordan Rond Pier of the Vehicular from the Ferry. All cyclists are extended a cordial welcome and invitation to participate in this outing which the

The River Conservancy Commission conductor has promised still be of for Kwangtung Province notifies that great interent and variety, Bathing the height of water in English feet in kit and refreshments should be taken, the West, North and East Rivers is alleged he had been struck on the

ns follows:

Aug. 25 Aug. 20 West River at Shivhing 16.8 The B. Is "Talma" will leave North River at Tsing-

instant, and is due here on Tuesday | North River at Samshui 10.2 afternoon.

East River at Sheklung 13.1

DAMAGE NECESSARY TO Amoy for this Fort on the 29th

TRESPASS

PRINCIPLE UPHELD IN KOWLOON CASE

10.4

8.G

2.7 9,0 12.2

DAY BY DAY NEWS IN BRIEF THERE IS AN ECONOMY THAT 18| The R.M.S: Empress of Russia EXPENDITURE leaves Shanghai to-night at 10 o'clock

for Hongkong.

AN

WASTEFUL AND THAT WORKS FOR THRIFT.

A problem arose at the Kowloon Magistracy this morning when # Woman Tsang Chin and three men Mar Kal, Choi With cho and Lam

The Bon Line S. S. Benrinnen from Leith, Middlesbro', London and Po, were charged before Mr. Straits left Singapore via Manila for Wynne-Jones with trespassing on

this port yesterday and is due to Government porperty at the Shek-arrive here on September 3. lipui Reservoir.

AL

The case was accordingly re- manded to this morning. when Sergeant D. Reidy stated that com- plainant had one stitch put in lifa head.

a

Defendant, from the dock, ac- cused complainant of being raneat. "He is from Swatow, and he came down here to ask me for five dollars. As I did not have money, he struck mo."

After further evidence had been

With his arm almost severed by contact with a circular saw, Lau Hop, a workman employed on the Hongkong

Shanghai Bank building site was given by the prosecution, the de- admitted to the Government Civil Cendant, on outh sald:-"I admit Hospital, yesterday.

stelking the complainant because he struck me first. I did not strike Inspector Shaftain stated that by tying up their feet and overcrowd-2944, suddenly broke down in Pedder injury by striking his head against A Ford sporta touring car, No. him with an iron bar. He got his defendants were arrested while ing them in a crate, a shop keeper, Stroot about neon yesterday, complete the door." The cutting reed on the banks of the Yen Kau, was fined $10 by Mr. Mac-ly blocking the roadway. The near

Was die- reservoir. They had their feet fadyen in the Central Police Court front wheel suddenly came off. missed. inside the reservoir.

this morning. "The market tied the chanics were oulckly on the scone and chickens up," plended defendant. the car removed,

His Worship remarked that de- fendants could not be charged with trespassing because in order to be able to substantiate auch a charge, the prosecution must be able to prove that damage had been done. Inspector Shaftain suggested that the defendants be charged with polluting the water.

Ha Worship: To prove that,

constitute?

Charged with cruelty to six chickens

Mle-

The hold-up of a public car driver, Invited up to the second floor of No. Kong Kiu, in Island Rond on Satur- 15 Aberdeen Street, Leung Yau picked day morning, resulted in Liu. San, up a pair of trousers and walked off a Chinese soldfor, being charged be with them. He was caught and on Tore Mr. Hamilton this morning, with his being brought before Mr. Macfad- assault with intent to rob, with an-yen in the Central Police Court this other not in custody, and with common morning, was fined $10 or in default

Bajault. Sergeant Dall, prosecuting, fourteen days' hard inbour. naked for a week's formal remand.

Mr.

Caso

REBEL RAIDS IN MANCHURIA

PANHSIEN ATTACKED AND LOOTED

Harbin, Aug. 26.

when uprising was noon, started within the town by anti- Manchukuo sympathisers in sup- port of the force outside.

Taking advantage of the situa

10.30 p.m. Reuter Press Bulletins, Rugby Mid-day Press News, Further London Stock and Commodity Quota- tions, followed by New York Opening Quotations.

10.40 p.m. Close Down.

ZEK PROGRAMME.

8.30-10 p.m. European Recorded Programme from Z.E.K. on a fre- quency of 640 K.Cs.

8:30-8,50 p.m. Excerpts from "The | Mikado" (Gilbert and Sullivan).

1. The Sun whose Rays.

Alice Lilley (Soprano).

2. Brightly_Dawns our Wedding

Day.

Alice Lilley (Soprano) Nellie Walker, Dan Jones and

Appelton Moore.

3. Trio. Here's a How d'ye do.

Columbia Light Opera Company, 4. Dust and Chorus: The Flowers

that Bloom.

Columbia Light Opera Company, 5. The Mikado Song,

Columbia Light Opera Company, 6. Tit Willow,

Appleton Moore, 7. Duet: There is Heauty in the

Bailow of the Blast.

8. Finale: For ho's Gone And

Married Yum-Yum.

Columbia Light Opera Company. Invitation to the Waltz (Wober, Op. 8.50-9.13 p.m. Concert Waltzes.

A

05).

Philadelphia Symphony Orchestra Thousand and One Nights (J. directed by Leopold Stokowaki. Strauss).

Felix Weingartner conducting the British Symphony orchestra. Konegreb Waltzer (Strauss), Helona-Waltzer (Offenbach).

Barnabas von Geczy and his Orchestra. played by Alfred Cortet.

9.19-9.30 p.m. Two Chopin Bulica

1. Ballade in A Flat Major. (Op.

47).

2. Ballade in F Minor. (Op.,52). 9.30 p.m. Renter Press Bulletin, London 1 p.m. Stock and Commodity Quotations.

9.35-9.45 pm. Three Songs by Danny Malone (Tenor).

1. Believe me, if all those endear-

ing Young Charms (Mooro),

2. Mother Machree (Olbott and

Ball).

3. Her Name is Mary (Ramsey). 9.45-10 p.m. Band Selections,

(Percy_Flotchor).

Sulte

The B.BC. Wirolens Military

Band.

1. An Old World Garden.

2. In the Hayfields.

8. The Bean Feast,

A report from Panhalen, east A bag-snatching incident in Welling-Alleged to be a bully among the of Harbin, states that the Blast Woodland Pictures - Rural you must be able to show me that ton Street, during the week-end, had Theatre, to have received money, from whelmed by a large force of anti- employed at the Central chukuo garrison has been over- the water was contaminated by its-sequel before Mr. Q. A. A. Mac them since August 6, and to have Manchukuo volunteers who sur their feet.

fadyen the Central Police Court nade them join a Triad Society, an prised the town and enveloped it this morning, when the thief, Ng unlicensed hawker, Ng Yuk-kong for several days. Inspector Shaftain: If I wash-Klu, pleaded gulity, and was sentenced aged 23, pleaded guilty before would that const reservoir, what to six months hard inbour. The total Macfadyen in the Central, Magistracy The climax was, reaching swer To Be Regimental Band of it. N

Value of the bag and its contents, the to assaulting a property of a woman, Wong Yuk-youth, aged 1b yours. A fine of $25 Ilia Worship: It all depends on

chun, of No. 8 Anton Street, was with the alternaživo of three weeks' the state of your face before you $0.75,

hard labour was imposed. wash it. If you had a nice clean face, I would any that you were Two unemployed men, Chan Sing Charged before Mr. Macfadyen Intion, the besiegers rushed the just cooling it with the water, and liung Ynt-cho, who were on the Central Polico Court this morning town and looted whatever they But if your face was dirty, you tenced to two months hard

labour with the possession of ons and a half could remove from various Man would certainly be polluting the each on Saturday at the Central gallons of dutiable wine and 7% lbs. water.

Folles Court convleted on a charge of tobacco, on a sampan in Bhaukiwan chukuo Government offices, and Impersonating Police officers, were Harbour, a Chinese woman was fined organs. They effected a with this morning, when he amended the three months hard labour. Revenus tral News, brought beford Mr. Macfadyen, again n. total, of $125 or in default drawal on Saturday evening.—-Cont penalty in each case to an option Officer Grimmits stated that the arrest

.

of a Gne of $50. The prosecution's case was made at 4 am, on Saturday.

His Worship added that there was another saction forbidding bathing, in the radervoirs, but this case hardly fitted into this section

Defendants were discharged alleging she was a

A Chiness woman and arrested her, and when finally arrested on her own Tanda left Moll for this Port on the with a caution.

po piu lottery boat, a further 40 empty wine Jars 25th instant and is due, here on the ticket carrier.

were discovered.

20th Instant in the afternoon

was that the two defendants stopped The woman leaped from boat to boat:

The E. and A. Company's, S.

The H. M Grenadier Guards. 10 p.m. "Close Down.

KZRM PROGRAMME.. Today's broadcast by KZRM: 5.00 p.m.-Studio: Varieties, Conservatory of Music, U. P.

6.30 pm-Radio Practice Hour

6.10 p.m-Spanish Informational Period...

0.30 p.m.-English Informational

Perlod.

7.00 pm-Associated Oll Comp Alexander, the Mystic

7.20 p.m.---Rajuosta: 3.7.30 p.m. Halabớt Bu Bponsorkalpam Ramony

OPTIMISM

and high spirits should never be disturbed by kidney troubles which are a constant danger in this climate.

Take

“HELMITOL

TABLETS.

at the first symptoms. They effect a thorough internal cleansing of the arginais.

“HELMITOL taken in water and sweet- ened to taste is a palatable and refreshing beverage..

HELMITOL

is a »>Boyer« product.

Done to a turn-" a turn of the Regulo

The perfect control of the oven temperature of the Radiation "New World" Gas

· Cooker is the secret of its wonderful popularity. There's no watching and no risk of failure. Just put the whole dinner-Joint, vegetables and sweets in the oven all to~: gether, set the 'Regulo"! oven-heat control to the re- quired figure, and you need not open the oven door again until dinner time, when you will find everything "done to a furn

See these Gas Cookers at Bour Showrooms and get full

particulars.

These - New World" Cookom are supplied gleaming porcelain enamel, cleaned in a few moments. with a damp cloth,

HONG KONG & CHINA GAS CO., LTD.

GLOUCESTER BUILDING.

OFFICES & WORKS:-West Point.--Tel. 28181, 246, Nathan Road (Corner of Jordan Road).

ROOSEVELT DICTUM

NO INTERFERENCE IN NEW

ORLEANS

Washington, Aug. 25.

President Roosevelt to-day sald

Orleans,"

77

STATUE OF KING

INDIAN, RULING PRINCES: PATRIOTIC GESTURE

· London, Aug. 26.

A statue representing the King. that the Government will not in-wearing has Coronation robes, tervone in New Orleans, because which he wore at Delhi in 1911, is "municipalities are creatures of to be erected at New Delhi by the the State government, and the ruling princes and chiefs of India, Lousiana Legislature has an in-na a mark of their loyalty and at herent right to

govern Now tachment.

The

Sculptor Is 0. The President added that he be the artist of the Royal lieved the right of franchise and Memorial at Hyde Park Corner, self-government is still being The total height of the pedestal maintained in New Orleans; hence and atatus will be 68 feet 8 inches the Federal authorities have no right to Intervene,' batweon ́› the of

Government and warring State Municipality--Reuter.

100m vel, and the igure';

the

high,

will be 18 feet 9 inches

Tagger

is now working on the balf and “sulj · diza i model.

***** which will be dent

7.45 pm-Songs of the Philippines, Delhi, where they 8.00 par-Princoša. Pac--Sponsored stone will be deni by F. H. Stevens & Co,

8.05 p.m.Requesta:: 8.80p.mOhevrolet

Pacific

Commercial://Comm Orchestra Bazor