1935-02-28 — Page 21

Price Of Gold May Advance

STERLING TO BE FORCED DOWN?

WORLD FINANCE

REVIEWED

Washington, Feb 27.

MARQUIS OF SLIGO PASSES

SURVIVOR OF INDIA MUTINY

(Spasial 10 "Telegraph")

IDs Telegraph, Copricht. Telegraphte Maa- How Ordinance, 111. Received, February Bm)

London, Feb. 27,

The death of the sixth Marquis of Silge, at the age of 78, occurred

to-day.

THURSDAY, FEBRUARY

THE

HONGKONG TELEGRAPH.

DEFENDS

THREAT TO

U.S.-SOVIET | NATIONAL RELATIONS SYSTEM

UNDESIRABLE RESOLUTIONS

STATE DEPT. PROTESTS

Washington, Feb. 27. Despite protests from the State Department, the House of Representatives Foreign Affairs

MR. MACDONALD'S POLICY

28, 1935.

RADIO BROADCAST

A Jazz Recital. From The Studio

Z.E.K. PROGRAMME

London, Feb. 27. The Prime Minister, Mr. Ramsay MacDonald, was given a particu- larly hearty reception at Don- caster when he spoke to-night, affirming that the present Cabinet Orchestra. was determined to do its utmosti to keep the National Government combination together.

"When the moment comes when)

fortunately there are manyam

It considered unlikely that the price of gold In London will go below 140 shilings and it is thought that it may go consider ably higher.

Recovery

in the

American

Ha was one of the few survivors Committee has promised a hear-I myself for any reason and un- capital goods market is overdue.

A new doflationary plan is ex-of the Indian Mutiny.

Born in India, the Marquis was ing to Representative Tinkham, pected to be presented in the Swing Parliament in the Bfarch not only a "mutiny baby" but was Republican, on March 19, on ano longer satisfied with my ability rescued from the mutineers by his resolution urging the withdrawal to pull my full weight, I shall not Acasion.

mind what my duty la," said Mr. ayah who stained his skin and of the United States' diplomatic require advice to make up my

MacDonald.-Reuter. passed him off as her own child recognition of Soviet Russia.

Senator Barbour has introduced and brought him anfely to his

Into resolution

the parents, then Lord and Lady a similar

Senate. Henry Browne.

Foreign holdings of gold la London Aubject to quick with drawal are estimated at £300,000,

000.

Important British and French opinion ia that the British au- thorities intend to force sterling down to a better bargaining post- tion with dollars.

French unemployment figuren are reaching new records. France's adverso January trade balance la reported at 142,000,000 franCE.

New Italian import restrictions will cut American raw cotton and cotton products 75% on the basis of last year's Imports. American steel is also severely affected, while imports of British coal and textiles will be heavily cut,

It in belleved that Britlah ini ternal Industrial expansion has reached its limit with no great legrea of confidence in the out look until monetary stabillation and kreator expansion in foreign trade is achieved.

'The dollar should continue strong, accentuated by European purchases of American equities.- Swan, Culbertson and Fritz.

GOLD PROSPECTS.

London, Feb. 27. The price of gold has been one of the main topics of discussion In the financial district to-day,

Some experts prediet that the price will ultimately be around 160 shillings. They express the opinion that the franc is the crucial factor, and say, "if the franc depreciates, the price of gold is bound to increase."

Meanwhile monotary authorities are disturbed by the world-wide hoarding of gold, expecially by the United States, where it is estimat ed that around £20,000,000 has

post arrived during the months.

two

Also it is estimated that ap- proximately £300,000,000 worth of gold, mostly foreign owned, is being hearded in London bank vaults, which estimate does not include the gold holdings of the Bank of England.-United Press,

RUSSIANS BANISHED

The Marquis fought through campaigns in Afghanistan in the late years of the last century, and was active in Ireland during the troublous days of 1914.

His heir is his son, the Earl of Altamont.-Reuter Special.

The campaign to break off diplomatic relations with Moscow follows upon the failure of recent negotiations for the settlement of the Russian debt with the United IStates.

It is understood the State De- partment objects to approval of

THIRTEEN BANK the resolutions on the ground that

MORTGAGEES

MANY CLAIMS ON COTTON MILL

LITIGATION AVOIDED

Shanghai, Feb. 28. Besides the Bank of China and the Shanghai Commercial Savings Bank, no less than thirteen native

Auch * matter is exclusively under the jurisdiction of the adoption President himself, and of Buch

measure would hamper Soviet-American relations,

--Reuter.

CAPT. MACLEAN GOING HOME

POPULAR OFFICER OF SCOTS REGIMENT

STRUGGLE IN MATSHED

ALLEGED THREAT WITH KNIFE.

CHINESE ON REMAND

л

Allegations that he drew knife and threatened the com plainant were made against Chung he Kam, 30, unemployed, when was brought before Mr. Wynne Jones in the Central Police Court this morning charged with being found in a matshed at Mosque Junction for an unlawful purpose. Defendant explained he went to find a man named Chung Chiu, He threatened compialnaut be cause he wanted him to let him free because of his (defendant's) previous appearances in Court.

From ZBW on a wavelength of 355 metres (845 kilocycles).

5.6 p.m. Hongkong Hotel Dance 6-6.80 p.m. Children's Studio Con- tert

6.30-7 p.m. Hongkong Hotel Panco Orchestra.

7 p.m. Stock Quotations. 7.03-7.30 p.m. Light Opera.

Land of Smiles (Lebar)...... Selection-The

Maid of the Mountains") (Fraser- Summon) Song-Love will find a Way ("The

Helena Erserman (Soprano) Vocal Gem The Pirates of Penzance

(Gilbert and Sullivan) Selection-A Princess of Kenaighten

(German)

7.30.8 p.m. Jazz Recital by Fred Carpio, Julian Sliverio and Terry Lou. Programme

1. Banje Solon-Crackerjack.

Pitler Patter Fred Carpio,

bad Plano Solon:-- 1

A

Million Dollars.

Silverlo Stomp

Jullan Silverio.

3. Saxophone Solon:-Oodles

Noodles.

of

La Cinquantaine Terry Lou.

4. "The Revellers Tria": Rhapsody in Love.

What about me,

8 p.m. Time and Weather Report. 8.03-10.30

Chinese Studlo p.m.

Concert.

0.30 .. Quotailona,

10.30 p.m. Press Bulletine, Stock Quotations,

Press Bulletins, Stock

10.33. p.m. Close Down.

ZEK. PROGRAMME 8,30-10 p.m. European Recorded Music from ZEK on A Frequency of

040 k.e's.

H.30-0.01 .m. "Petroushkn" Suito

(Stravinsky)

Medley

London Symphony Orchestra. 9.01-9.30 p.m. Variety. Piano Solos-Viktoria and her Russar banks claim that they are also With the departure of Capt.

Detective-Sergeant P. O. Guild

..Rule da Costa, second mortgagees of tho No, 7G, F. Mclean, M.C., of the 2nd. Cotton and other property of the Bn. the Argyll and Sutherland stated that enquiries made re-Song-Just by your example

vealed there was no man by the

Jessie Matthews (Soprano). Sung Sing Company. The claims Highlanders, from the Colony, on

R. E. McPherson. render the case more complicated H.M.S. Somersetshire on Sunday, name of Chung Chiu at the par- Organ Solo-Ninette

The thirteen nativo banks sub-the duties of G.S.O. (3) will be ticular matshed. There were other Vocal Duel-Looking for a little bit of blue ..Layton and Johnstone. mil that inst year Mr. Yung taken over by Capt. B. 1. K. Allen, matsheds in the vicinity but en- Chung-ching, General Manager of the Royal Welch Fusiliers, quiries had not been made there. Orchestra--Love, life and Laughter

Selection of the Sung Sing Company. Capt. Maclean has been attached It was alleged that while com- mortgaged the No. 7 and other to the China Command Headquar-plainant was asleep he heard n Song-You were an charming

Charles (Gerry) Fitz Gerald. match being struck. He jumped cotton milla belonging to the Com-ters Staff since February 1932.

the defendant. Ho 9.30 p.m. Press Bulletins, Stock pany to the total value of $10,000,- Capt. Maclens joined the Argylt up and saw

and the de- Quotations.

Light Orchestral and Sutherland Highlanders as a grappled with him 000, for a loan of $2,800,000

and Selections They also claim that in making 2nd. Lieutenant in 1915, and was fendant produced a knife arrangements for this loan consent promoted in the rank of Lieutenant threatened to stab him. Defendant Old Friends-Potpourri (avr. Herman

was caught by a Finck) was obtained from the Hongkong in August of the following year. ran out but and Shanghai Banking Corpora From April, 1918, until April the Chinese in European clothing, and The Arcadians-Overture (arr. Wood) to an Indian con- The Blousme-Overture (arr. Wood) tion, the first mortgaggee of the following year he was acting handed over

Forest Idyll (Enslinger) No. 7 Colton Mill of the Sun Sing Captain, the appointment being stable.

The Hermit (Schmalstich) 10. .. Close Down. substantiated in 1923. Company.

The case was remanded for 48 Solicitors representing three

During the Great War, Capt. hours for further enquiries at all France, the matsheds at Mosque Junction sides are in conference with a view Maclean aaw service in to settling this dispute without re- Belgium. Greek Macedonia, Serbia, in an effort to find Chung Chiu.

litigation.Central Bulgaria, European Turkey and sorting, to

the Islands of the Aegean Sea. Newes

OBJECT TO AUCTION

Shanghal, Feb. 28.

During his stay in the Colony he has been immensely popular with his brother officers and bas made a host of friends.

- The staff and workers, numbering over 3,000, of the No. 7 Cotton Mill of the Sung Sing Company have issued a declaration expressing their objection to the auctioning of COLONIAL the mill to certain foreign interests by the Hongkong and Shanghal Banking

News.

Corporation. — Centrali

OFFICE

APPOINTMENT

The United Press adds that reli- NEW SECRETARY FOR

TRINIDAD

MOVING STORY IN DEFENCE

able sources assert that Japanese! Sentence of one month's hard interests did not purchase the Sung

London, Feb. 27. labour and 牛奶 expulsian order Sing mil. It is learned that Mr.

The Colonial Office announces was passed by Mr. Wynne-Jones O. Okamoto, Japanese attorney who In the Central Police Court this was the successful bidder acted on that Mr. Alfred Seymour, Colonial morning on each of two Russians. behalf of Messrs. Hansons, British Secretary at Fiji, has been selected appointment as Colonial Vladislav Mazurek, 22, unemployed solicitors, who refused either to con- for electrician, and Alexander Menko, firm or deny reports that the Hong Secretary of Trinidad, in success- 29, unemployed mechanic, on kong and Shanghai Banking Cor-ion to Sir Selwyn Grier, Governor charges of entering the Colonyporation, first mortgagees, were the of the without valid passports.

buyers.

IN HORN

RETAIL TRADE

RISE IN BRITISH SALES

London, Feb. 27. The money value of retail trade sales. In January was 4.2 per cent. larger than in January, 1934.

India rubber, at 105, was higher than in the first month of the three preceding years, though con- siderably below the peak attained in December lust. Stocks at the

end of January were 1.2 per cent. and employment was 2.3 per cent. less in value than a year carlier greater-British Wireless.

Elice and Windward RUTH TO MANAGE Islands. British Wirelcan,

BOSTON CLUB EXPECTS TO PLAY THIS SEASON

DAY BY DAY NEWS IN BRIEF

IS STRENGTH

THE The British destroyer Bruce and DEEP SILENCE OF LONG-SUFFERING the submarine Parthian will return HEARTS: NOT AMIDST JOY.-Felicia from Singapore to-morrow, Hemiane

•

་

It was stated they arrived from Canton by train and alighted from the rear, emerging from the Holt's Wharf bridge instead of passing through the barrier at the Kow- loon Railway Station. They were arrested by Det-Sergt. Kriloff, of the Special Branch, outside the Star Ferry wharf.

The Empress of Russin, which has Dotective-Sergeant Russell stated that Mazurek was in Hongkong The Hongkong Amateur Dramatic been delayed by fog, is due, here on February 11 and apparently Club has in active preparation Noel from Shanghai at 7 a.m. to-morrow. Coward's "The Young Idea", which stowed away to Manila on T will be produced at the China Fleet There will be a pianoforte recital Empress liner. The Manila au- thorities sent him back to Hong Club Theatre on the nights of April given by Luba Shaftain at the Helena May Institute on Thursday, March 7, 3, 4, 5 and 6.

at 5.30 p.m. Those wishing to have

tables from of the team must book Capt. S. H. Loud, master 6.8. Tchekam, was finne 3120 by Mr. Matron. i in Harbin at present and heA. W. G. II. Grantham at the Kow

Among the passengers booked from loon Magistracy this morning for wanted to go to her.

Menko stated his wife was in allowing cargo to be worked on board Europe who joined the Empress of Shanghai,

the ship on February 17 without Japan at Vancouver, on February 23, following:--Capt. Fred permit from the Harbour Master. De-ar fendant pleaded

kong where he was warned and sent to Canton

Mazurek pleaded hla mother was

RESISTING AIR ATTACKS

BRITISH COMMITTEE

INVESTIGATING

the

the

New York, Feb. 27. Babe Ruth said to-day he had

part definitely agreed that, as of his contract with the Boston the Club in 1936, after serving this Braves, he will become manager of year as assistant manager.

Ile will probably play as a re- gular this season-Router.

DUTY FREE LIQUOR

(Special to "Telegraph”)

Washington, Feb. 27.

9,35-10

JJ.11.

ZEESEN PROGRAMMES

This Evening's Broadcast From The German Short-Wavers

Special programmes

fot Far Eastern teners will be broadcast from Zersen a follown!.

DJD.

~KOUTH ASIA-ZONE- South Asia Zabo. broulent from (19,74 metres) and DJN (31.45 metros),

4.45 p.m. 133, DIN Announcement (Čerm Engl) German Folk Song. Fro Trumm-Porschet (German. Eng-

lich).

5 p.m. We love the Storm

AFFO

Kramme

by the German Girla' League. 110 p.m. Now in English, 5.48 .. Relays from Baltesti: Home

lend ProgTAM.IO. 4.30 pm. Topical Talk.

1.45 8.m. News in Gutman, 7 p. Coneret af Light Muste, Apm News In English. 8.15 p.

Close down JE, BJN (Regres, a Engl.)

· EAST ASIA ZONE East Asia Zor broadcast through DJA on 81.89 metres, and D2N (81,45 mätres),

3 p.m. DIA, DIN Announcement (Germa Engl) German Folk Bong. Pro Erase Porecast (Germ., Engl) 1.15 p.m. We love the term

9,44 p.m. News in English un DIA and

In Batch on DIN.

10 p.m. The l'arable, A lyricsi cantata. 10.00 pm. A Marvellous Eastern Tals," 11. p.m. News in German on DJA and

DÍN.

13.14 pan. Teplent Talk.

11, p.m. Danes Mulc.

12.15.m. New In English on DJA and

In Dutch on JN. 12.21 .. Close down PJA, DIN (Germ..

Engl.)

BRITISH

FOREIGN

SECRETARY

NON-POLITICAL TALK IN PARIS

London, Feb. 27. The Foreign Secretary, Sir John The Treasury Department an-Simon, will travel by air to is to deliver a non-political Langley, Mr. Gaston Blum, Mr. G. nounces to-day that Americans re-morrow to Paris, where at night guilty to the charge. Withoeirt, Mr. Harold Ogden, Mr. turning from abroad may bring lectura. He will take luncheon at An interesting record of the Royal K. R. Quick, Mr. H. A. Allan, Mr. into the United States $100 worth the British Embassy, at which the M. Foreign Minister, French Wedding Anthem, specialty composed Mo Tano, Mr. N. M. Machas and of wine or liquor, per person, free

of duty-United Prees. for the wedding of Their loyal ligh- Mr. and Mrs. C. B. Broadbent.

Laval, will be one of the guests.

Lator: Sir John Simon will have nesses, the Duke of Kent and Princess Marina, has been received by the An Befriended by a compatriot at No.

a conversation with M. Laval on LODGES APPEAL derson Music Company, Ltd. It was 24 Hillier Street for three days, Yick

current European questions. The recorded in Westminster Abbey, and Shiu, aged 27, unemployed, decamped

Shanghai, Feb. 28. Premier, M. Flandin, and other affairs in each record bears the autograph of with a mah Jongg set on the second Their Royal Highnesses. The profits night. He was arrested in a pawn

Mr. Fred Ellis, the former Hong-prominent men of

France, will probably meet Sir from the sale are balng devoted, to shop trying to dispose of the set for kong broker. convicted recently on two dollars.. Yick Shu came before

John at the lecture and the Central a charge of disposing of sweepstake It was stated, in reply to a social service relief work.

Mr. Wynne-Jones in Commons. question, that the Alr

The theft of an overcoat from Magistracy this morning and was tickets on behalf of a Shanghai the reception which will follow it. appeal Sir John Simon returns to London Minister, Lord Londonderry, do-

against the decision in the police on Friday morning. The date of elded some months ago to appointer aboard the river steamer Tai sentenced to six weeks hard labour: sports club, has filed an

his profected visit to Berlin is Hing on Chinese Now Your's Day a special committee to investigate, resulted in the appearance

Appearing on remand, Kwok Nan, court-Reuter.

not yet fixed.--British Wircloaa. as a matter of urgency, the posat unemployed, Ho Ho 20, before. Mr. unemployed, charged before. Mr. W. bility of countering air attacks by Wynne-Jones in the Central Polleo Schofield, at the Central Magistracy this morning. Detective this morning with the farceny of an utilising

the recent progress of Court

Sergeant Goodwin prosocuted and said.attacha

containing surgical science.

The Committee is already at that the defendant wore the coat for Instruments and drugs to the value work, and in due course its report ten days and then pawned it for of $250, from private car No. 3750, four dollars. Dofondant admitted two property of Dr. H. el Arcuill, was will be brought before the Com- previous convictions for stealing and sentenced to one month's hard labour

Was sent to prison for two months and also ordered to pay $100 amends mittes of Imperial Defence.- British Wireless.

with hard labour,

er in default two months' hard inbour.

London. Feb. 27.

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ANGLO-POLISH TRADE

A dance will be held at Lane Craw- ford's Restaurant on Saturday from London. Feb. 27,

B.p.m. to 1 a.m. The dance band The Anglo-Polish commercial of 11.3.5. Hermes will be in attend- agreement

Bigned at the

ance. The price of admission is $1,50 Foreign Office to-day-British for gentlemen, Indies by courtesy.

The dance is open to the public.

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