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The

FINAL EDITION

Hongkong Telegraph.

FOUNDED 181

JANUARY 17,

四拜疆 號七十月正英港香 THURSDAY, No. 1449

SNOWDEN BACKS

LLOYD GEORGE

NATIONAL RECOVERY

CRUSADERS

UNEMPLOYMENT CAN BE ABOLISHED

(By Telegraph. Copyright, Teleghaphic, Messages Ordinance, 1594. Received, Jan. 17, 10.35 a.m.)

London, Jan. 16. On the eve of Mr. Lloyd George's speech at Bangor to-morrow, explaining his "New Deal," a sensation has been created by the publication of a letter from Lord Snowden, former Labour Chancellor of the Exchequor, commending the ex-Liberal Leader's plan.

A month ago, Mr. Lloyd George announced that he planned to launch a scheme for national recovery and prosperity, which is later to be published in book form.

The first detailed explanation of the project will be made at Bangor to-morrow, and it is understood that bankers, industrialists and agriculturists as well as politicians, will attend the gathering.

Lord Snowden, in his letter to Mr. Lloyd George, commends to the support of the electors the latter's "crusade for a great, united national offort to revive industry and ¦ rescue the mass of the population from hardship, suffering and un- necessary poverty."

COUNTRY Awaits leaD Lord Snowden further says that the country is awaiting an in- spiring lead on a programome of courageous national reconstruction. National resources, he declares, are being wasted. "If they are organised and our great productive power fully utilised, unemployment ånd kindred evila ̧ could be abolish- ed and a far higher standard of life for the workers attained."

The fornier Labour ¡Chancellor of the Exchequer believes that if Mr. Lloyd George'a programme Is. carried out, it would solve these problems.

thut Lord

It is understood Snowden will occasionally speak on the same platform да Mr. Lloyd George in furtherance of the scheme.-Reuter.

NO SURPRISE

According to politient correspon- denta, Mr. Lloyd George's decision to launch a national reconstruction policy with a broad appeal to members of all parties has not surprised politicians.

It had been known for some time that work on his War Memoirs was the only reason preventing him from taking a more active publie part in politics,

U.S. NAVAL

POLICY OUTLINE

NO EXTENSIVE BUILDING

MR. SWANSON'S ASSURANCES

(Special to "Talograph"}

ily Telegraph. Copyright, Żelegraphia Neo».

Ordinance. 14. revived, January 21. 10 nm.)

Washington, Jan. 16. The Secretary for the Navy, Mr. Claude Swanson, declares that the United States hus no immediate plans for neet struction or battleship modernis-

con-

ation beyond completing its treaty strength.

Mr. Lloyd George, -

No Change Likely In

Gold Price

CONVICTS

FIGHT FOR

FREEDOM

CARRY OFF

HOSTAGES

CAUGHT AFTER GUN BATTLE

PRISON WARDEN

DYING

(Special to "Talegraph")

tily Telegraph, Copyright, Telegraphis May angsa Delīnange. 2894) Received, January [17, 18.43 km)

San Quentin, Cal., Jan. 16, One of the most daring and reckless prison breaks was ac- complished, here. to-day when four convicts, carrying off Prison officials as hostages and armed with automatics, got clear away and were only overtaken and re- captured after a thrilling gun battle with a pursuing posse.

Three of the convicts broke. In upon the State Prison Board meet- ing and kidnapped the secretary, Mr. Mark Noon, Chlef Wardon Holohan, Mr. Frank Sykes, Mr. Joseph Stevena and Mr, Warren Atherton, Board members, and two guards.

Tho convicts bent Warden Holohan unmercifully and left him in the prison yard unconscious,

They stole an official prison car

Price and with their hostages as Shields

FINANCE CIRCLES NOT ALARMED

PARIS SELLING DOLLARS

A generally calmer view is taken of the American financial position to-day, the expectation being that the price of gold will remain steady and that, even if the U. S. Supreme Court rules unconstitutional the Ad- ministration's abrogation of the gold clause, there will be no financial panic.

AB

(Special to "Telegraph")

Washington, Jan. 10. to allay the grawing apprehension The Administration is seeking regarding the outcome of the Gold Clause case.

Therefore, says Mr. Swanson, if an international naval race develops it will be started by some other

The Treasury officials are in full country, and not the United States, and are confident that the Supreme accord with the Government's stand Mr. Swanson said he favoured the maintenance of existing ratios. Court will uphold the abrogation of and that he saw no

the Gold Clause both in public and need of A Nicaragua Canal.

private contracts.

for

"The Panama Canal seems to be โป rocent months he has had doing well enough Lo Care discussions with the more progres-everything," added.--United sive young. Conservatives and Press. · Liberals on the need for a Roose-

veltian policy in England, and these have led him to draft his

proposals,

new

he

Mr. Lloyd George's policy of Another

economic planning is said to in-

clude work-finding and work-

officials have repudiated the reports Furthermore the Treasury

that the Government is considering a return to the old Gold Dollar value in the event of an adverse [decision against the Government.

The belief

was expressed here to-day that there will be no change

Liner made in the domestic gold price,

despite whatever decision is made by the Supreme Court on the Gold

sharing schemes, and his monetary For Far Easter

policy involves State control of the Bank of England.

man.

GERMANY'S SECOND Stock Market and in the Foreign

SHIP LAUNCHED

יו

Berlin, Jan. 16.

against possible fire from the guards on the wall, exchanged clothing with them.

The Fugitives were armed with: automatica.

HOSTAGES DROPPED

They threw Noon out of the car at Black Point and later threw the two guards off the machine.

Thay, were reported to be head- ing for Tomales Bay.

Hundreds troopers, and civilian volunteers of police, state pursued the convicts and the ronds were guarded

in every direction.

CAUGHT BY POSSE - In Hicks Valley a pursuing

overtook posse

the fugitives automobile and shot off its tires. The convicta loft their reinain- ing hostages in the car and made a dash for a roadside creamery plant.

The posso continued to fire at one through the head, wounding the men as they fled on foot, shot him seriously, and captured the

three others.

Mr. Sykes, one of the Prison the log, and Mr. Stevens was shot Board members, was wounded in in the abdomen, but it is not though that the wound la fatal.

Holohan, however, is dying. ile has been given last rites by priest.

1935.

Court

BEATINGLE COP 10 CENTE

Lord Snowden.

Nottingham

Cricket Fans

Favour Voce

NON-CONFIDENCE IN COMMITTEE

VOTE OF CENSURE

(Special to "Telegraph"}

-

mga

Telegraph, Copyright, Telegraphie Mr- Ordinenos.

PER ANNUM

STILL TO THE FORE

WHITEAWAY'S

ASTOUNDING

BARGAINS

IN THE SECOND WEEK OF THEIR

STOCK-TAKING

SALE

NEW FORCE JOINS SILVER WAR

REMONETISATION ONE OF DEMANDS

POWERFUL BACKING IN MANY SECTIONS

(SPECIAL TO “TELEGRAPH")

Washington, Jan. 16. At a monetary conference here to-day Senator Elmer Thomas, of Oklahoma, brought forward a re- solution demanding the establishment of a Central Bank and the restoration of a dollar with 1926 pur- chasing power.

The conference, which was attended by numerous members of Congress and various prominent parti. cipants in the monetary controversy now raging in the United States, adopted Senator Thomas' resolution.

The conference also endorsed cash payment of the Veterans' Bonus, remonetisation and free coinage of silver and further devaluation of the dollar,

AIR LINES EXTENDING EASTWARD

BERLIN-SHANGHAI -

LINK PROPOSED

LOEB'S PREDICTION

New York, Jan. 16. Mr. Gerald M. Loeb, partner of E. F. Button & Co... to-day said:

A

"I think the gold price in the United States will either. continue at $36 or go higher.. Foreign exchange later should rally."United Press,

Senator Thomas in an address said he hoped the delegates would unite in a general legislative pro- gramme for presentation to Con- gress.

{sfilver.

AVOIDING LOSS IN COMPETITION

Father Charles E. Coughlin, the The Hague, Jan. 16. Dotroit priest whose radio speeches Leading British,

monetary German, en

have questions 1974, Received, January French and Dutch air line re attracted national attention, urged London, -Jan-16-presentatives--will-meet-here Congress_to_recover_Its constitu Nottingham's cricket fans are shortly in connection with the Nation's currency values, "unless

tional powers standing on their

to control the German Lufthansa Company's Congress wants to invite revolu dignity in re- gard to the during last summer's match be-service, via India.

Voce "Incident"plans for a Berlin-to-Shanghar tion. He urged wider use of tween Notts and the Australians, consequent upon which the Notis is to avoid harmful competition, The purpose of the conference

LIMITING POWER County Cricket Club apologiaed for it is possible that all

Former Sunator Robert L. Owen, four to the Australians,

Democrat of Oklahoma, address- nations will presently be repro-

right, and to-day, at a special generally think Voce was in the

Nottingham and the County sented by machines along this in the conference urged that Con

gress eliminate the power of same route. meeting, disapproval of the com-arrivai on the scene, but the big who is a member of the Sound

Lufthansa is the most recent

private individuals to regulate money values. Ex-senater Owen, the Australiane was shown in a mittee's action in apologising to German company has catsblished Money League, was Chairman of committee, which was carried by is a contender for world honoura of President Wilson and the vote of non-confidence in the

Itself and its name in Europe and the Senate Banking and Currency on the South Atlantic already and Committee in the Administration a large majority.

in air transport.--Reuter. Two thousand members of the N.C.C.C. attended, and the majority recorded their vite of large

consure.

Mr. Sykes sald later that one of

During the discussion at the the convicts had admitted that

ameeting, it was explained on be prison guard sold four automatlehalf of the committee that two pistols to the gang for $1,000.- United Press.

COTTON CROP CONTROL

LARGE CARRY- OVER

(Special to "Telegraph")

Washington, Jan. 16.

charges of unfair bowling which had been made by the Australians Against Middlesex had been proved, while a third against Lan- cashire for a similar. "offence" had not been proved.

In view of the concurrence be tween the umpires and the M.C.C.. that such bowling was a direct attack on the batsman, the Notts Club could only apologise, and at the same time It was decided that the Club must not again be placed in such position.

humiliating

CARR DEPOSED

Fire Destroys Mails

FAR EAST BAGS FOR GERMANY

SENT ABOARD

RANPURA

author of the legislation creating the U. S. Federal Reserve System. Many members of the silver bloce in the Senate and House of Representatives, headed by Senator William E. Borah of Idaho and Senator Burton K. Wheeler of Montana, were present, but only. as observers,

Professor Irving Fisher, he well known economist of Yale. University, proposed to the con ference that the Federal Govern- ment should purchase for cash all interest-bearing Government bonds now owned by banks..

'Labor,'

BUSINESS OUTLOOK Despite the sharp declines in the NON-PARTY SCHEME

The conference later recom- Although ha is 71, Mr. Lloyd

Exchange market due to the un-

mended detaching the U. S. Dollar George has shown during his recent

certainty regarding the Gold Clause

Berlin, Jan. 16. from any fixed relationship with appearances in the House of Com-

decision, the general business out. mona that he retains the energy and

Mails from India, the Straits gold in order to "cope successfully look is good and with the major The new 18,000-ton liner Pots-indices advancing the future pro mental vigour of a much youngerdum, sister ship to the Scharnhorst spects are promising, according to

Settlements, the Far Eust and with the manipulation of depre Australia, destined for Germany, elated foreign currencies," the It is understood that Mr. Lloyd of Herr Hitler, will be ready for

have been destroyed as the result United Press adds. recently launched in the presence leading Trade Journala, George intends to conduct his cam-the Far East service of the Ham-that business cannot continue to

However, many exports believe It was learned here to-day that tain, had stated that he would express.

As Mr. A. W. Carr, Notts cap of a fire on the Frankfurt-Berlin paign without any official party burg-Amarica Line next summer.

on January 17, the Secretary of allow his bowlers to bowl as they The malls involved were those backing. He believes that there 18

ignore the gold decision uncertainty. Agriculture, Mr, Henry Wallace, pleased, the Committee contended carried from india, the Straits a largo section of electors to which day by General Friedrich, the Chief is not announced

She was launched at Hamburg to. It is pointed out that if the decision will set the 1986 Bankhend cotton they were justified in appointing and the Far East by the P. and 0. the present party system has failed Burgomaster.

soon business production limit at 11,500,000 bales a new Captain. appeal. He will try to obtain

men will become apprehensive, and or less. The Potsdam is 630 feet long, 72 result in curtalled operations such

It was further revealed that their support in the time that fact wide and has a spead of twenty- as the cancellation of orders and Wallace's estimate that the carry contracts

This limit is based on Mr. Voce and Larwood had signed remains before the general election, one knots, according to specifica- the

to play for another which, he thinks, will result in tions. She will accommodate 300

over on July 1, 1996 would be three years, and the hope was neither the Conservatives nor the

7,000,000 to 7,500,000 bales. expressed that Voce would play Socialists having a large working

| passengers.—Reuter,

The

carryover for 1035 ls for the County for many years, majority.

estimated at 8,500,000 bales.—and that the incident would soon United Press.

be forgotten.-Reuter.

to

stocks.-United Press.

discontinuance of taking in

WORLD CONTROL

The Treasury Gold Stocks ro-

GESTURE OF RESPECT

liner Ranpurn and from Australia by the Orsova.

The Ranpura left Hongkong on December 15, bound. for London. ! The callway mishap occurred on | Saturday last, when the Frankfurt- Berlin express caught fire, owing to “a parcel violating the Post Office regulations."--Keuter.

TEMPORARY CAPITAL,

Chungking, Jan, 17.

FURTHER ACCUSERS

MORE GRIEF FOR HAUPTMANN

(Special to "Telegraph")

EXPECTS NO CHAOS Should his prophecy be realised, George's future.

New York, Jan. 16. Mr. Lloyd George would make a

Mr. Oliver M. W. Sprague, the

[[Dy Telegraph, Copyright. Telegraphis Men- bid for the support of independent certain circumstances

It has been suggested that in economist of International repute

sage. Ordinance, · 1894. Received," January and progressive Liberals and Conjoin the prosent National Govern President Roosevelt, to-day exported on Monday, January 14,

he might and former financial adviser of

Flemington, Jan. 16. servatives so that he might obtainment, and again that he might pressed

Peking, Jan. 17.

The State prosecution's case a balance of power in the House become a member of the Socialist Supreme Court decision upholding is d new record gain of $25,459,- for War, returned here this morn-administrative conveniences during the Lindbergh, baby, has boon

the firm opinion that amounted to $8,264,078,848 which of Commons aufflelent to compel Partys

General Ho Ying-ching, Minister

against Bruno Hauptmann, charged It is officially amounced that for with the kidnapping and murder of the Government to adopt hla

the Gold Clause in the Norman 110 from January 1. The only, 'efinite fact at the versus Baltimore & Ohio case would

ing from Shanal, where, on behalf the anti-Red campaign, the newly strengthened by policy.

moment, however, is that Great not result in chaos in U.S. Dnancial experts of President Roosevelt's offered ancrifices to the remains of Szechuon will temporarily be of whom give the opinion that the the evidence of It was learned here to-day that of Marshal Chiang Kai-shak, he reorganized provincial Government four more handwriting experts, LL. GEORGE'S FUTURE *

Britain's war-time Prime Minister affairs, has no intention of foregoing

Administration are exploring the of General Yen Hal-shan's father, established at Chungking. The notes demanding ransom In recent months there have been political battle in his advancing Government was prepared, in the for the control of World cotton is the Chairman

He said he presumed that the possibility of international action who died recently. General Yen new members of the Provincial Colonel Lindbergh for the return. From: many rumours regarding Mr. Lloyd years.

(Continued on Page 4+)

of Shanat Government Council will be sworn of his child, were written by the surplussa.—United Proze.

Province-Renter:

In on Jan, 20,--Central News:

accused. United Press.

mil