1935-01-09 — Page 1

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-The World's Best Tyres

Hongkong Telegraph.

POUNDED 1801

No. 14487

9, 3 WEX WEDNESDAY, JANUARY

1935.

U.S. SILVER PLAN SHOCK FOR

TO BE EXPOSED?

STRONG GROUP ASKS REMONETISATION

ORGANISING TO FORCE QUICK ACTION

(SPECIAL TO "TELEGRAPH")

Washington, Jan. 8.

As a result of the agitation among the Silver Bloc, it was learned to-day that Congress may enforce the Secretary of the Treasury, Mr. Morgenthau, to render a strict account of the Administration's monetary programme, especially the policy relating to silver purchases.

Mr. Morgenthau says that there is absolutely no significance altached to the seigniorage figures in the budget, as they do not mean that any change will be made in the silver purchasing programme.

The estimated scigniorage for the fiscal year 1936 is $125,000,000 as compared with $100,000,000 for 1935. Meanwhile, members at the . House of Repronintatives who favour further Immediate legisla tion designed to increaÆÐ

the

price of silver to-day began the organisation of a congressional bloc, regardless of party Bines, to accelerate the campaign for, the n-monotisation of the white metal, The leader of the bloc in the House

is Representative John A. Martin, Democrat of Colorado.

The members of the blur in thị House plan to consult and work closely with the Beaute group which is also working energetical- ly for the remonetisation of silver, Polttient observers hiri expect that the new organisation will be more effective and farger than the allver blor which wielded so much Influence at the last session Congress.

POWERFUL BODY

AMERICA

CAN BEAR HER DEBT

BUT BUSINESS MUST IMPROVE

WALL STREET'S OPINION

(Special to "Telegrapli")

New York, Jan. 8.

ACCUSED KIDNAPPER

BUT HAUPTMANN

UNSHAKEN

SURPRISE EVIDENCE

(Special to "Tolograph”)

(ly Telegraph, Copyright, Telegraphie Mas mages Ordinance, 1985. Resterd,January

Flemington, Jan. 8.

Mundus Hochmuth, 87-year- fold resident of Hopewell, NJ, was a surprise witness today at the trial of Bruno Hauptmana,

charged with the kidnapping and | murder of the Lindbergh baby.

He was called by the State'and identified Hauptmann as the man he saw carrying

ladder in un automobile in the vicinity of the Lindbergh estate a few hours be- tore the kidnapping.

flockmuth walked up to Ilaupt- mann in the, court, placed a hand on his knee and declared: "That's the man 1 saw."

Hauptmann, his stoic attitude unahakon, shook his head slowly and leaning towards his wife whispered, "This old man must be crazy." is whisper could be heard all over the court.

There was another surprise In store for the court, Joseph Peroine, a New York taxi driver, testified that Hauptman gave him a note, believed to have been a demand for ransom, which he de- livered t Dr, Cunden.

|

Mr. Remy Morgenthau, US. Secretary of Trunury, who is to be naked to explain America's monstary velley.

First Test

Match With

West Indies

BATSMEN FARE BADLY

VERY STICKY WICKET

Barbados, Jan. 8. The first official cricket Test Mnich ever to be played on West Indies soll, opened to-day, when on a sticky wicket, the linr." West Indies were dismissed for 102 and England lost her first five wickets for 81 runs.

Hauptman, almost inaudibly, muttered: "You United Prean,

Brea

PAID HIM A DOLLAR

Flemington, Jan. 8. After Bochmuth had declared he saw Hauptman in the vicinity or the Lindbergh home, with 4 ladder in his car on the night of

日五初月二十

NEW HOPE

FOR NAVAL

AGREEMENT

PRINCIPLE OF EQUALITY

BRITAIN'S THESIS

(Special to "Talegraph")

y Teleoraph. Copyright, Telegraphia Mis saurs Ordinance,. 1894. Berstved, January

Wanshington, Jan. 8.

Mr. Norman Davis, chief dele- gate from America to the London tri-party naval conversa- tions,

declared to-day that despite the apparent failure of the conference they bad, he believed, prepared the ground for eventual Japanese-Anglo- American naval agreement.

an

This agreement might possibly be reached in 1935.

He said the denunciation of the Washington Treaty by Japan did not mean that the three powera would necessarily embark upon a navai armaments race. That was the last thing they desired.

Mr. Davis anld hla raport to the Becretary of State, Mr. Cordell Hall, reflected the conciliatory attitude of the American delaga- tion towards the Japanese demands and their appreciation of the Japanese naval ambitions.

Mr. Davis told Mr. Hull that a It was subsequently learned that

deadlock would be by means of possible solution of the naval mutun agreements on the pro- grammes of the treaty signatories, instead of by a ratio system.

R.E.S. Wyatt won the tors, but after an inspection of the turf} wicket, which was obviously very He indicated that this was the tricky after recent rains, decided general British thesis and meant to put the West Indies in.

that the principle of equality

- Representative ---Martin- to-day! Wall Street has expressed the the kidnapping, there was a fur. Five thousand people were pre-would be extended to all signa-

sent at the start, and saw the. turles of the naval treaty. West Indies collapse against the United Press. bowling of Kenneth Farnes, Paine

and Hollies. to the man who gave him a dollar

declared that "the present silver belief that the United States canther shock for the defence. Inw has been a step-child on the

A the easily bear the $34,233,000,000 Broux taxi driver, John Treasury's door-st:p. If omeials of the Treasury carried national debt loud provided busi-Peronne, identified Hauptmann as out the law, silver would rise to improves sufliciently U.S.$1

bring great yield a greater revenue at exist. to deliver a note to Dr. Condon in impression was Had:ey, and hi benefits to the miners and expanding tax rates. our currency."

fronted.

13n Gunte.

theflation.

March, 1932.

In a hushed court Peronne went mann's shoulder and said: "That over and laid a hand on Haupt-

is the man.”

Mr. Edward Reilly's "detailed

►

SINGLE 'COPC 10 GENTI

$16.00 PER ANNUM

PROBE CHARGE OF TREATY BREACH

JAPAN'S ACTIONS IN CHINA QUERIED

ARE MANDATED ISLANDS BEING FORTIFIED?

Washington, Jan. 8. Senator William King, Democrat, Utah, to-day moved a resolution proposing an investigation by the Senate Foreign Relations Committee to determine whether or not Japan had violated the Kellogg Pact or the Nine Power Treaty by her invasion of Manchuria. These agreements had been made to guarantee the integrity of China, he pointed out.

Furthermore, Senator King demanded investiga- tion by the same Committee of charges that "Japan is fortifying or has fortified" mandated, islands in the Pacific.

There have been rumours abroad that Japan would refuse to surrender her mandate in these islands' and that she was secretly fortifying them in contraven- tion of all recent agreements.-Reuter.

FURTHER PEACE PROGRESS

FRANCO-ITALIAN ARMS PLAN

NO UNILATERAL AGREEMENTS

Rome, Jan. 8. France and Italy have made

progress towards ቦ divarma. ment agreement. and the

The only batamen to make any Russian Rail protocol recently signed by

remained at the wicket two hours to ncore a galiant and stolid 44. to remain is given in the fact Indication of how subdued he had that he scored only two boundar-

;

ics.

+

Crash Toll

m

TWENTY-FIVE NOW KNOWN DEAD

Moscow, Jan. 8.

P

(Special to "Telegraph") |

(ly Telegraph, Copyright, Telegraphie Mas- autyre Ordinonor, LEPI Hæceived, January

Washington, Jan. 8. Important resolutions were in- troduced to-day by Senator William 1. King, Democrat of Utah, when he first of all asked that the Sonate Judiciary Committes to determine whether the N.R.A. encouraged or promoted monopolistic practices al then demanded an inquiry to determine whether Japan's policies In Manchuria violated the Nine Power Pact.

This

resolution. respecting Japan's actions in the Far East, had been anticipated. There is a certain section of Congress anxious to clarify America's stand in respect to the integrity of China, and the of the republic.

maintenance of the independence

MONOPOLY QUESTION Senator King had a third resolu- these powers here contains the tiun ready. This was A request following reference to the that the Foreign Relations Com-. situation:

mittee investigate the establishment "The Italian and French Govern the alleged creation of an oll mono-

of the Manchukuo Government and. ments, referring to the declaration of equality rights of December 11,

puly that state.

The fourth resolution is likely to 1931, have come to an agreement cause the greatest inteest abroad. that no country should modify by It la that the Foreign Relations unilateral nets their obligations Committee be asked to inquire into with regard to armaments and in the charges that Japan is fortifying case of such an eventuality, they or has already fortified the islands

United Press.

There will be an additional huge Mr. Martin said that the United Government Bond issued which the States is suffering from insufficient banks will absorb, through which currency and excessive dependency bank credit will be highly inflated. on bank credit. He deplored the In many quarters it is believed "timidity" with which he declared that should the banks eventually cross-examination of this witness Kenneth Farnes, had a wonder- the sliver issue had been con refuse to absorb bonds the Guvern-only produced repeated assertions ful spell of bowling before lunch, ment will be faced with currency in that nuptinann was the man who his kicking deliveries carning him Mr. Martin added: "If

paid him a dollar to take a note four wickets for 15 runs, In, his country could stand cutting the Conversely should business im- to Dr. Condon.

second spell he was hit about, and gold content of the dollar. it prove sufficiently, relief expenges

STILL UNSHAKEN '

finally conceded 40 runs. could also stand at least the ex- would be reduced, tax returns in- the nations affairs

HARD TO HIT periment of remonetising allver, creased, and

Hauptmann was still quite un- At the time the gold dollar was would be restored to normal.

excited when the court declared a

Hollies, who came on devalued, Bilver should

Wall Street financiers expressing recess. have

tho lanings, bowled Д moved into the picture. Events their viewn on the President's He informed reporters: showed there were no great atores budget message to-day said that "I told Peronne he was a liar fine length and upset the batsmen | Icssness of certain railway workers. } generni agreement to co-operate in of cheap sliver available in the they expect the Treasury financing I don't know why he gave that with his leg-breaks. Paine was to exceed $11,500,000,000 in view testimony. I had never seen him even more difficult to play with Mr. Martin himself favours re of the enormous budgetary require until he came to the police station his excellent flighting and puzzling monetisation of silver at a 16 to 1ments, for 1935.-United Press.

with a lot of policemen and tried England fared almost as badly ratio with gold. He said that as

to say he had seen me before." yet there was available no con-

Dr. Condon will be the first with the West Indies, and but for nonsus of his colleagues in the new

ness to-morrow. He is the man Hammond would have been in silver bloc regarding procedure. The Treasury is planning a new who acted as the "ro-bust worn for very bad way. The Gloucester $3,000,000,000 Guancing pro- Colonel Lindbergh in his dealing cricket to score 43 and remain bateman played characteristic gramme to meet President Roose with the kidnappers-Reuter, Representative James Serugham, velt's budget estimates, the

unbeaten, but Wyatt, Leyland, Democrat of Nevada and a promi- Untied Press learned from un.-

Hendren and Ames all falled, At ment advocate of new legislation thoritative source to-day-Untied

the close England were 21 runs to aid silver, predicted that the Press.

in arrears with five wickets hand,

The casualties in the Moscow-should consult each other." Leningrad express disaster have An official statement of the under her mandate in the Pacific now reached 23 dead, while 65 more details of the Franco-Italian Pact, are badly Injured.

confirms the reporta already lato in

The collision is said to have colonial expansion, guarantees of published, with regard to African very been due to inefficiency and care- Austrian Independence and

world."

BENEFITS APPARENT

new bloc will be larger than the

group of 105 which successfully

HIGH FINANCING

Washington, Jan. 8.

Insisted on silver legislation at the BUBONIC PLAGUE

last session.

It is understood the bloc's pro- gramme will depend to some ex- tent on future indications regarding the Roosevelt Adminis

IN FUKIEN

tration's intentions in respect to WIDE AREA ALREADY

silver. United Prosa,

NERVOUSNESS REDUCED

Shanghai, Jan. 9.

AFFECTED

Saar Voters Disqualified

་

GAVE NAZI SALUTE WHILE POLLING

Saarbruccken, Jan. 8. Five men who gave the Hitler Foothow, Jan. 9. Baluto 011 entering 疆 polling The Foreign Exchange Market The Foochow Government has station to-day, during the first here to steady and quiet to-day, received a message from Northern stage of the Saar plebiscite, were Only a fair amount of business is Fukien stating that bubonie Immediately disqualified from vet- being transacted.

plague has broken out in Sung-he German Front has protest- The nervousness which was the chi and Chingho Districts and is chief characteristic of the market | threatening to spread over ed vigourously. yesterday has been reduced not-wider area. Hundreds of Inhabi- The polling to-day was for the bly.-United Press.

tants have been inflected.

benet of prison warders, hospital LOCAL DOLLAR UNCHANGED Sanitary corps are being rushed attendants and others who will Despite a drop in silver prices to the affected districts by the be on duty on Sunday.. both in London and New York, the Foochow Government to fight the Hongkong, dollar opened unchang-epidemic.-Central News, ed this morning at la. 8.1⁄2d. In

A

contrast to yesterday afternoon, Ing · due to China and Indian the market was quite steady on speculativa soling. America, opening, and business was done at however, bought, and the market 18; 8.29/82d, and in. 8.81/824. ̈ ̄ was steady."

Silver prices declined a forthing In New York, silver, declined in London yesterday, the fallbe-[8/8tha yesterday, to 84.

Tho incident hoa caused some excitement here.-Router.

spin.

Scores:-

WEST INDIES—IST, INNS.

Roach, o Paine, b Farnes Carew, e Holmes, b Farnes

Headley, not out, Jones, e Leyland, b Farnes . Sealey, c Paine, b.Farnga ... Grant. e Hendren ↳ Hollies Rolfe-Grant, a Hammond, b

Hollies Hylton, st Amos, b Paine Christiani. run out ...... Achong, st Ames, b Paine Martindale, o Leyland, b Phine

Extras

a

in

9

0

The stationmaster at the station the work of reconstruction in where the disaster occurred was Europe-Reuter. arrested when leaving his post after the crash.-Reuter.

BENEFITS OF BOXER INDEMNITY FUND

LARGE SUM SPENT IN BRITAIN

Nanking, Jan. 9.

HOME RAILWAY

TARIFFS

PARTY POLITICS

A MENACE

WOULD MEAN REAL DISRUPTION

London, Jan. 8.

At a Conference of the Federa- tion of University Conservative Associations which opened in Edinburgh to-day, Mr. John

OWNERS AND MEN IN Buchan, Member of Parliament for the Scottish Universities, rond a CONFERENCE.

message from the Prime Minister, who wrote:

London, Jan. 8.

"Our Parliamentary system has Discussions on the machinery always provided for division of of the negotiation for railway opinion upon ways and measures, tariffs were resumed to-day be but an underlying unity upon na According to an official report, tween representatives of the four tional purpose.. purchases of materials through main railways and of the Railway- Government must reflect that sys The National

tem. There must be unity. upon The meetings are Intended to

opinion about methods, a variety

the Chinese Purchase Committee | men'a Unions. 44 in London for various economic

3 enterprises In China were evolve a form of new tribunal tons and a wholceme variety of estimated at the end of last year deal with any futuro disputes which keeps the national effort at a total value of wall over that may arise.--British Wireless

15

6 £2,000,000, which was entirely ap- propriated from the Returned

British Boxer Indemnity Funds.

The total amount of funds now.

at the disposal of the Material Purchase Commitica is £3,000,000,

HAICHING STARTS

FOR SOUTH

in addition to interest accrued INAUGURATING COAST

102 from investments. Contral News.

Leyland, b Martindale

R Wkta Hammond, not out

Total

Bowling Analysis

0 M

Farnes Smith Hollles

15

4

40

3

8

0

104 30

9 8 14

ENGLAND—1ST. INNS.

The birthday of Siri Guro Govind Paino Singh Ji will be · colobrated at the Sikh Temple on Friday. Heads of departments-and-private - Arms ́ aro requested to grant a holiday on that R.E.S. Wyatt, c Rolfe-Grant, day to their Sikh employees..

b Martindale

Hondren. Rolfe-Grant, b

Martindale

Ames, 1.b.w. Rolfe-Grant,

Smith, c Jones, b Hylton

Iddon, not out

Extras

(For 5 wickets)

SERVICE

Shanghai, Jan. 9.

The 8.8. Haiching, of the China

43 Merchants Steam Navigation

Company, which was built in Eng-

from stagnating

Party politics means national disruption to-day."

British Wirolens.

ANGLO-POLISH

TRADE

TALKS RESUMED IN LONDON

London, Jan. B.

The Anglo-Polish negotiations.

3 land recently, is starting on hor for a trade agreement were re-

8 regular service to South China sumed in London to-day

0 ports, including Swatow and An agreement between British

14, Hongkong, this morning.

2 She is carrying 2,600--tons

freight and a large number

81 passengers-Central News.

and Pollsh.coalswners, regulating

of competition--in-export...... mar-

of kate, was recently concluded.

British Wireless,