1935-02-11 — Page 19

Centralised

Control Of

U.S. Credit

M. S. ECCLES URGES ACTION

.CURRENCY EXPANSION

(Special to "Tel«g«#pk")

such a measure.

RUSSO- AMERICA QUARREL

DEBTS CAUSE IMPASSE

LOST HOPE OF TRADE

THE HONGKONG. TELEGRAPH.

Washington, Feb. 10. That the Russo-American tension Is merely a passing phase which will be followed by a more realistic at- titude toward the eventual solution of the existing differences, in the general consensus of opinion among diplomatie observers,

SAVING GREAT RAILWAYS

NEW FORM OF RECEIVERSHIP

INTRICATE SCHEME

(Special to "Telugraph")

Washington, Feb. 10. The New Deal railroad recovery policies probably mean that sever- al of the big carriers will enter a new type of receivership.

The programme suggested by the Co-ordinator of Federal Transportation, Mr. Joseph B. Eastman, indirectly invites over. capitalised raid-renda to take

MONDAY, FEBRUARY

AWAITING COURT'S DECISION

GOLD CLAUSE UNCERTAINTY.

NO RULING TO-DAY

11, 1935,

RADIO New

BROADCAST

Light Violin and Pianoforte Studio Recital

Z.E.K. PROGRAMME

From Z.B.W. on a wavelength of 355 metres (8645 kilocycles):

G-8 p.m. European Programme. G-7 Ditte A Relay of the Dance Orchestra from the Hong Kong Hotel Roof Garden (by, courtesy of tho Management).

New York, Feb. 10. It was reported on Wall Street to-day that it is atil uncertain whether the Supreme Court will glvo its decision ontlogs. the Gold Clause case on Mon- day.

7 p.m. Closing Local Stock Quota 7.03-7.30 p.m. Excerpts from Light Opera.

of Killarney Vocal Gems--Lily A decision on Monday is gen-)

(Benedict). orally anticipated. however, un-Selection-Princess Ida (Sullivan). less Chief Justice Charles Evans Vocal Gems The Beile of New York Hughes makes a statement to the (Morton). contrary to-day.

LATER

7.30-8 p.m. From the Studlo, A Violin and Planeforto Recital by Miss Ruby Waldon and Miss Ottilia Darwin.

Programme

Washington, Feb. 10. Mr. Marriner 8. Eccles, the Governor of the Federal Ileserve Board to-day urged that the Board should receive authority for the centralised control of the national

The basis of the present diflicul. monotary credit policies, although ties is apparently the recent at conservative business opposes tempt to solve simultaneously both financial and commercial problema, Senator Elmer Thomas of whereas the broad trend of Russo- Oklahoma declared that currency American relations would probably advantage of the new-style bank-

As the Supreme Court in ap- expansion would be preferable resemble the long and complex ruptcy proceedings which were prently having difficulty in get- through the romonetising of silver, negotiations between Russia, Bri-authorized by the Bankruptcy Acting opinions on the Anal order which he considers to be inevit- tain and France,

of March 1933, and which between of the Court in the Gold Clause 2. Pinnoforte Solo-Humoraske, ablo.

Rachmaninoff, case, It A understood that The current stagnation in nezo-six and twelve "class one" rail- It was stated in New York that

a. Violin Solos-(a) Largo, decision will be made by the Court

Handel, purchases of foreign gold yeater-tintions contrasts sharply with the roads at present in difficulty are

$7,000,000, early rosente expectations. hat expected to utilize,

to-day. day amounted to making a total of $296,000,000 since hundreds of millions of dollars in November 5, 1934-United Prens. trade would automatically follow American recognition of the Soviet. American exports to Russin dur ing the year 1934 amounted to unly $14,866,000, compared with $8,743,000 for the preceding year. United Press.

Englishmen Canonised

FAMOUS FIGURES OF HISTORY

(Special to "Telegraph”)

By Taleorasik, Copyright. Telegraphia Mas- sages Ordinance, 1874 Recrivo, February 23. 10.83 0.1.j

the

Vatican City, Feb. 10. In the presence of Sir Horace and Lady Rumbold and many mem. bors of the British and American colonies of Rome, His Holiness the Popo to-day performed ceremony of canonisation of two Englishmen, Sir Thomas More and Bishop John Fisher, who was martyred in the reign of Henry VIII for refusing to renounce his religious faith and the sanctity of marriage. Three dencendants Thomas More

INDIAN SOLDIER

SUED

THEFT SUGGESTION

MADE

Stating that the allegations of the plaintiff pointed to larceny, Mr. Justice R. E. Lindstil, Pulsne Judge, adjourned sine dir this morning a claim for $700 against Pie, Mathd Khan, of the Hongkong Singapore Brigade Royal Artillery.

The new Reconstruction Financo Corporation Bill is designed to encourage reorganisation through trustuoship rather than the avoid

nce of receivership, which, Rome cases, the Government Inclined to

in 18

no

According to competent obser- vers, this being the case, the date of the decision is now entirely uncertain-United Press.

MARKET UNAFFECTED

foster rather than

New York, Feb. 9. attempt to avoid certain receiver- The action of the Stock Market ship under the new R.F.C. lending here to-day was narrowly irregu- authority which has alrondylar, with most issues holding advanced $370,000,000 to railronds. yesterday's gains.

Utility and steel Issues were NO LEGISLATION

up slightly, the latter due to re- It is noteworthy that the view ports of increasing production.

The demand for silver and gold- in becoming more widespread that mine issue increased on the so intricate is Mr. Eastman's

theory that, regardless of the proposed programme, that none Supreme Court's decision on the

1. Selection The Merry Widow,

Lohar.

of

(b) Bolero, Bohm, 4. Song (a) Fairy Talos

Ireland ... Conter. (b) Belleve me if all thone cridearing young charms,

Moore. .Monte.

5. Violin Solo-Czardas 8 pm. Local Time and Weather Report.

8,03-11.30 p.m. A Relay from the Lee Theatre (Chinese).

9.30 p.m. Reuter Press Bulletins, Lendon 1 p.m. Stock and Commodity Quotations.

10.30 p.m. Reuter Press Bulletins, Rugby Mid-day Press News, Further London Stock and Commodity Quota- tions.

11.10 p.m. Close Down.

Z.E.K. PROGRAMME

in Washington expect any legislaGold Clause ense, there will rint 8.80-10 p.m. European Recorded tlon upon it this session, or upon be any change in the nation's Music from Z.E.K. on a frequency of

programme even remetely monetary polley. any resembling a Government owner. ship plan.

ed three things:-

1640 k.c's.

1. The Erl King......(Schubert).

2. Don Juan's Serenade, Op. 38.

No. 1 (Tschaikovsky).

8.30-8.45 p.m. Band Selections, Bonds were quiet and irregular. { Issues on the Curb Exchange Semiramiin..Overture (Rossini).

8.45.9 p.m. Four Songs by Peter Mr. Eastman in his transporta- were irregularly higher in sym- Songe of Wales.

Dawson (Bass-Baritone). tion report, said that he causider-pathy with the Stock Market.-

United Press.

PRESIDENT'S CONFERENCE

Washington, Feb. 9. President Roosevelt and Mr. U.S. At- Cummings, the thelomer

torney General were in conference for more than an hour here to-day, Government reviewing the possible steps the Government might take in the event of an adverse decision against

The action was brought by Firstly, the development of the Sokraja, reprs:uted by Mr. M. A. present Federal control over da Silva, whlist Mr. 1. T. Prior privately owned carriers; of Messrs. Wilkinson, & Grist, appeared! for defendant, in bellefa

of

کردم

Bat-

Secondly, to

railroads, or

consolidate

Thirdly, to have in ownership and operation.

The Co-ordinator prefere con-

1

Mr. Silva said his client was a Sir laundry contractor for the

WOR defendant' were present, one tallun and

the undry shop. Plaintiff and managed to Bave The Bishop of Southwark thank-$580 which defendant, being a more tinuing the present control over the Government in the Gold Clause

de- privately owned transportation case-United Press.

• of them Brithih Journalist in charge Rome.

CAPTURED PIRATE

READY FOR EMERGENCY

!

ed His Holiness for the "gracious educated man, had placed in

for him. In fuet, defen- agencies, while on the other hand, his fatherly goodwill posits proof of

his Gonncial the Chairman of the Senate Inter- had managed

New York, Feb. 9. towards the English people."-dant

Commerce Commission. Router Special.

affairs for some time.

On the In January, state

out-

New York Cotton Ex- defendant said he would be going Senator Wheeler, sponsors

change cotton prices were down. home on leave shortly and plain- right Government ownership.

The Chairman of the Senate Ward today, due to scattered profit- tiff had better take all his money out and keep it himself, she Interstate Commerce Commission taking and evening-up operations.

Wall Street brakers asserted that resolution to would have no-one to do it for has introduced a sim. Plaintiff assented and drew form a committee. to investigate they are ready for any emergency the money out, handing it to de- railroad finances and Mr. East. resulting from the Gold Clause de

cision. They report that their ae-i budget for remedial fendant. At the plaintiff's dwell-man's

counts are in excellent shape, from which they interpret a much better BRITISH WARSHIPing; the defendant suggested that legislation.

One of Mr. Enstman's bills feeling in the market, although they they sea! the notes up in an LENDS AID

envelope, and he went plaintiff out would further amend the Bank-say that the uncertainty will con- for some wax. On his return, de- ruptcy Act order to perfect

tinue until the Supreme Court's de- cision is made knokyn. fendant seated the envelope and 1933 legislation.-United Press, departed.

PRISONER GOES

TO CANTON

The report issued on Friday to the effect that one of the Tung- chow pirates had been captured is named now confirmed. He la Fung Sul and was No. 3 of the gang; he is a native of San Lo

Kong.

Wu

Some time later, plaintill open- ed the envelope and found It to contain only some sheets of blank notepaper, and the suggestion was that these had been placed there by defendant, who had taken the money. A search of defendant's belongings revealed rupees equal approximately to $700, and it was also found that he had applied for and been granted leave to retire on pension.

He was due to leave

the Colony on Friday,

On

the

Amazing Ski Journey

4,320 MILES IN 74 DAYS

Reuter.

Moscow, Feb. 10.

68

DAY BY DAY NEWS IN BRIEF

One case each of Small-pox and IT IS THE AMENDS OF A SHORT AND TROUBLESOME LIFE, THAT DOING Typhoid and two cases of Diphtheria Health GOOD AND SUFFERING LL ENTITLES were reported to the local MAN TO, A LONGER AND BETTER.authorities on Friday.

Most brokurs are suid to be advis ing their clients to hold nloof until the Court acts-United Press.

3. Yeomen of Englund ("Merric England") (German).

4.

Drake Goes West (Sanderson). 9-9.30 p.m. Symphony No. 101 in Minor ("The Clock Symphony") (Haydn).

Philharmonie Symphony Or- chestra of New York. 9.30 p.m. Router Press Bullettins,

Quotations,

9.35-10 p.m. Variety Programme, London 1 pm. Stock and Commodity

Xylophone Solon-12th Street Rag. Xylophone Solos-Kitten on the Keys. larry Robbins. Songs--What Now? Songs-An hour ago this Minute.

Gertrude Lawrence (Soprano). vocal-Forty Second Street Medley.

Derickson and 'Brown, Orchestra-Whistlng Rufas, Orchestra--Steamboat Bill."

10 p.m. Clene Down

RACE DRIVER IN AIR CRASH

FRED DIXON HURT SERIOUSLY

London, Feb. 10. Freddie Dixon, the well-known

HARBOUR OFFENCES' motor racing driver, was severely

NUMEROUS MARINE

COURT CASES

injured to-day when an aeroplane

Golf

in which he was a passenger crash-

Middlesbrough ed on the Course.

Dixon la bellaved to be suffering

from a fractured skull. He and the Several prosecutione against pilot were rushed to hospital after mistresses of cargo

boats for the crash.-Reuter.

DANGEROUS MIXTURE

HARBIN'S HALF MILLION SOULS

Harbin, Feb. 11.

It is announced that the captur- ed man has been taken Av Tau by H.M.S. Decoy and is being convey

A world's record for a walking ed to Canton to-day, most likely

was skiing run is claimed by five skies allowing their boats to lie inshore: it by the Chinese gunboat Woo Fung.

His Lordship sníd

attached to the Far Eastern Red at the Tai Hing Wharf were So far, no other captures have obviously a case for the police.

Army who arrived here to-day beaught before the Hon. Comdr. made, but three members of the

Mr. Silva: The police have de-having completed a 4,320 mile trip G. F. Hole, at the Marine Court Kang have now been identified.

from Siberia in 74 days. Their this morning. The leader is named Feng Tung. cided not to take action. and is a native of Samun, an in- Mr. Prior: The plaintiff can average daily speed was thus

milea,

Admilting three previous con- land off Big Bay. The No. 2 take out a summons.

While adjourned the

crossing the Baikal victions, Leyng Ng was fined $30, 11is Lordship of the gang, who also acts as ite

was Mountains they experienced 72 de- or four weeks' imprisonment. compradore, is named Chen Ycase, adding that plaintiff

the grees of frost (40 degrees below Leung Sau was fined $20, or three chal; whilst the No. 4 is Chen bound to prosecute before

his zero) and violent snowstorms. weeks' imprisonment on admitting Chi-lo, Court could adjudicate alias Kok-chlang,

two previous convletions, and alias Fai Teen-sun.

claim.

Wong Kau, master of a cargo Final census figures show that Efforts are still being made to

boat, who admitted one previous Harbin's population is now 500,- track down the principal leaders

conviction. was fined $16, or two 526, of which 42,123 are Chinese, of the gang, in which connection

Lo Mul, 21,008 are Japanese and Koreans, weeks' imprisonment. it is announced that the Canton

Wong To-fai and Cheung Wai, 34,169 are White Russians and Government has increased its re- ward from $5,000 to $6,000.

were each fined $10, or one week's 20,824 are Soviet citizens.-Reuter. imprisonment, as they had no pre- vious records, while Chang So, ABOUT SMOKING AND SMOKERS. who admitted several previous

Many amokers have throat trouble. hacking and On Thursday, February 14, the St. convictions, was fined $50, or alx They are constantly Andrew's Church Women's Fellowship weeks.

coughing. Not infrequently the con- are holding a concert in ald of St. Leung Tai-Ro. mistress

interfero of a gestion is so great as to The many friends of Dr. N. P. Andrew's Benevolent Fund. The con cargo boat, and Ng Sap-ng, steers-with speech until they have cleared Kajla will be glad to learn that cert will take place in the St. Andrew's man of a trading junk, who the throat, a proceeding even he has made a satisfactory recovery Hall at 9 p.m. Among the artistes ploaded guilty to charges of leav-unpleasant for their hearers than for

Dr. taking part aro Mrs. Anderson Miller, from his recent operations.

clearance, wore

all--victims of 'smoker's throat' Karanjia has proceeded to Cheung Captain O. P. Jace, Mr. A. W. Lorena, Ing port without a

Mts, E. Schroodar and Afru. J. A fined $25. or three weeks Im-Raspiralds are just the thing needed. Chau, for convalescence.

prisonment each.

"Lan and Kwok Muk, min-1 Slowly dissolving in the mouth, these To Luk, 21, atated to be

of cargo boats, who ad-delightfully aromaile tablets release

highly-curative essencen whilch lubri A claim for $718.93 for wages and expenses was brought by a mafoc musician, ploaded guilty before mitted charges of lying their cate the throat, clear the phlegm, against Cup N. A. Rujdestvin, of Mr. W. M. Thomson at the Central beats alongside the steamer Dan- quickly soothe and heat the inflamed Bishop Francis McConnell, Jo & 112, Chun Young Street

the Magistracy this morning to a mark in the Central. Fairway, parts, Kept in the waistcoat pocket statement issued to-day, urges all Supreme Court this morning, Plain charge of assaulting a shop foki, while she was under way, and they are always at hand to allay Mothodists throughout the country if was Chuu Faz, of 32, Jardine's Lo Kwan. 22, of No. 236 Hally failing to produce their licences, coughing and other unpleasant symp.

stated to have wood Was

Roid. Inspector Ellis wore fined a total of $15, or 12 toms.

As a remedy for coughs of all kinds, to oppose the Fascist tendencies Bazaar, and represented by such men ng Huoy worked at Government House and Long, of Louisiana, Father Cough-for the General Officer Communding.stated that complainant was de- days' imprisonment each. Lambronchitis, sore throat, and, to relieve lin, the Detroit priest, William He was represented by Mr. c. Y. tained in hospital with a nasty cut Pat, mistress of a cargo boat. colds there is nothing better than After plaintiff had given over his left eye, believed to have was also fined $10, or one week, Respirolds. Of chemists, or post free, Randolph Hearst, the publisher, evidence of his claim and admitted a bean caused by a steel shoe horn. for making fast to the steamer 75 cents per bottle, from the China sho was under branch of the Dr. Williams Medicine and the United States Chamber of mistake-of. $21 added. error to his Defondant was remanded until to- Danmark while

Co. 451 Kiangse Road; Bhanghal Commerce."United Press.

claim, the hearing was adjourned.morrow morning on-ball-of-$100.way.

THREATS OF FASCISM

STRANGE FEARS OF CHURCHMAN

(Special in "Telegraph")

New York, Feb. 10.

Peun.

Kwan.

ле

Plach.

themselves.

more

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MANILA STOCK EXCHANGE

PHILIPPINE GOLD SHARE. QUOTATIONS

FIXED FOR

$5.00.

ANNUAL RENTAL $5.00, HONGKONG & CHINA

GAS CO., LTD. Gloucester Building. 246, Nathan Road G West Point.

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To-day's quotations as received

¡Stock Exchange are as follows:- Price In Por-119) 20

Asked Die Sales Vi

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Antumok Comel 0.00 0.75 -0.18

aguio Gold Mining 04

Denguet Conlidated 11.60 11:00 11:00 1200 Gold Hiver

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9.143.1

by Messra. Swan, Culbertson and Bro Consciklated B7GLE 7,37€ Fritz shortly after the close of the bold share Indias Tryke the morning session of the Manila steady. Volume parcm 75,000.