1935-03-27 — Page 1

FIRST EDITION

The

DUNLOP

"THE FIXTURES AND

THE TILING

WILL NOT COST ANY MORE FROM WARRENS'-BUT YOU WILL BE SATISFIED.

C. E. WARREN & CO., LTD.

China Building.

Tel. 20269..

Hongkong Telegraphs

FOUNDED I

No. 14650

三拜禮·城七十月三英港香 WEDNESDAY,

MARCH 27,

1935.

日三廿月二

BERLIN PARLEY CLEARS AIR

BRITISH MINISTERS

SATISFIED

ALLIES BETTER ABLE TO SETTLE POLICY

(By Telegraph. Copyright, Tolographic Messagee Ordinanco, 1894. Rercived, March 27, 9.10 a.m.)

Berlin, March 26.

The Anglo-German conversations ended to-day without the conclusion of a formal agreement, but Sir John Simon, the British Foreign Minister," Mr. Antony Eden, Lord Privy Seal, and Sir Eric Phipps, The British Ambassador, who represented

His Majesty's Government at the discussions here, do not appear in the least down-hearted.

The British Ministera are reported to be convinced that they acted rightly in visiting Berlin, and it is taken that they feel they have accomplished some- thing, though the results are so far not discernible.

The next step in Great Britain's campaign for pence will be Mr. Eden's visits to Moscow and Warsaw. It is now announced that he will also-visit-Prague- After the Prague conversations, Mr. Eden will join in the Anglo-French discussions, meeting Signor Mussolini, in Italy.

The British Ministers hope that the Berlin parley will clear the air suffelently to allow the Allicu to decide upon their course, of action

Great Britain has obtained, in any event, a frank exposition of Germany's attitude. It is actually hoped that this may mike, possible | an agreement among the Powern which will preserve the peace of) the Continent and the world.

VITAL TOPICS

It is learned on good authority; that the Berlin conversations! touch upon security gaurantees, armaments, Germany's return të the League of Nations, and the proposed acrial security pact, mvoted in the London parley audi supported by Britain and France. -United Press.

Borlin, Mar, 26.

FLANDIN REFUSES INQUIRY

ARMS MANUFACTURE WON'T BE PROBED

___ CLOSING-DOORS

ON EXPORTS

-Paris, March 26, The Chamber of Deputies to- day passed a vote of confidence It is understood that the British in the Government, by 374 to Ministers, Sir John Simon and Mr. 210 voles, on the motion of the Anthony Eden, who represented the Socialist Deputy M.

British Government

Camille

The above picture shows the magnificent new Industrial School at Aberdeen, which was opened by Hli Excellency the Governor yesterday afternoon. (Photo: Moe Cheung).

Pacific Air Service

U.S. GOVERNMENT TO AID ENTERPRISE

-(Special to “Talog=mph");

Washington, March 26. The Senate to-day passed the Treasury's Post Office Supply Bill, with the McAdoo Amendment, authorising the expenditure of US$2,000,000-to-encourage the establishment of an aerial service, across the Pacific Ocean,' to Manila, China and, eventually, other parts of the Far East.

It is believed that the Pan- American Airways, "which are al-

GRAND NATIONAL HOPES

THREE-CORNERED STRUGGLE

BOOKIES NOT HAPPY

(Special to "Telegraph")

Messages Ordinanse, 1111. Received, March idy Telegraph. Copyright, Telegraphie

17, 10 am)

London, March 26.

S'hai Silver Stocks

IMPORTS FROM HONGKONG

**(Special to "Talograph”)

Shanghai, March 27. Silver stocks in Shanghai for the work ended March 21 are estimated at 110,040,000 ounces and $288,570,000 in coins.

or this amount the Chinese banks hold. 96,780,000 ounces and $250,600,000.

The week's silver imports in- cluded 100,000 ounces from Pei- ping, 800,000 dollars from Hong- The Grand National field will kong and 100,000 dollars from ready experimenting with gigan be one of the smallest for manyNingpo. United Aress, tle commercial aeroplanes designed years. for the trans-Pacific service, will be assisted considerably. by the Gov- ernment in this enterprise-Unitedies between the British-owned BRITISH FINANCE

Goldon Miller, the American-owned Thomond, and

the French-bred Tapinola.

Presa.

THANK OFFERING

FUND

JUBILEE EFFORT

SUPPORTED

Thank

London, Mar, 26. Substantial support has been forthcoming for King George's at the con- Planche, demanding that a Com-Jublice Trust National versations here yesterday and to-mittee of Inquiry into the manu- Offering, which is to serve the day, are well satisfied with the re- facture of arms be appointed im- welfare of the rising generation sults of the meeting with Germany's

mediately. Government leaders.

by promoting an extension of the work done by existing juvenile M. Pierre Flandin, the Prime organisations. The Minister, opposing this motion, launched by the Prince of Wales,

Fund declared:

who has received many contribu- tions dircet., Commander Adams has been appointed Secretary of the Fund,

It is emphaslaed that there was never any question of coming to an agreement. As Sir John Simon

stated in the House of Commons before leaving London, the vialt was purely one for exploration.

"I refuse to agree that the organisation of the national de- "It' is now safe to say that the fence of France and her Allies British and German Governments should be discussed at present." are throughly conversant with one another's standpolat, and it is point. The Council of Ministers had ed out that the visit to Berlin was previously approved a decree pro- not only very desirable for this rea-visionally prohibiting the export son, but very necessary. It was of certaid raw materials required actually demanded-by-events-which-for-national-defence in the event had gone immediately before, not of war. the least of which was the com munique from British and French Governments following the London conference.

BOUND TO PROTEST

While the Brilish Govern- ment Was bound to protest against the recent unilateral Announcement by Germany that she would ignore the arms pro- visions of the Treaty of Versailles, It is felt that, as long as the topica mentioned in the London com

This stop is beloved due to the anxiety in industrial circles at the recent large purchases of these ¡defence material in France by

German buyers-Reuter-

FOREIGN BANKS THREATENED

munique remained available for dis-, SEQUEL TO BANDITRY

cussion

was still right that tho

British visit should take place. It

to understood the British Ministers

are now confirmed in this view.

IN AMOY

Amoy, March 27.

Was

According to press messages. from Rome, the Pope Intends to send a special mission to London on the occasion of the Jubilee celebrations, to convey his con- Kratulations to the King. In 1887, Queen Victoria's Jubilee.--Britial Pope-Loo-13th-Bont-a-mission-to Wircises.

FRANCO-ITALIAN

ACCORD

FRENCH SENTAE'S

APPROVAL

It would appear that the race

Briscoe, 'trainer of Golden Miller, says he was never better.

TWO-HORSES-IN- IRISH SWEEP..

Tientsin Investor's Amazing Luck

(Special to "Telegraph”)

Dublin, March 26.

The initials "C.MIL." of Tientsin have drawn two horses in the Irish Hospitals Sweepstake, and one .of those horses is the favourite Golden Miller.

The Golden Miller ticket is held by "C.M.L.." care of S. T. Hsion, R.C.A. Office. and Bachelor Prince has been drawn by "C.M.L.". of 30, Rue Courbet, Tientsin.

Noiseau has been drawn by a Hongkong ticker- holder, under the initials "W.A.S.," care of General Post Office, Hongkong: United Pres8.

INFOTEAUBL.

The trainer of Thomond hopes to turn the tables on. the English horse and reverse the decision of

RETURNS

BUDGET HOPES TO BE REALISED

SINGLE OOPY 10 CENTE $84.09 FER ANNUM

greatest possible

TYRE ECONOMY

SILVER PRICES RISE AGAIN AMERICA PURCHASE PLAN CAUSE

FEW SELLERS OFFERING: H.K. DOLLAR ADVANCE

(By Telegraph. Copyright, Telegraphic Messages Ordinance, 1894. Received, March 27, 10 am)

London, March 26. The penny rise in London silver prices was again attributed to Bombay buying.

The demand was apparently due to the announce- ment made by the United States Secretary of the Treasury, Mr. Henry Morgenthau, who said last week that the United States were willing to utilise gold for the purchase of silver,

This announcement is apparently construed as foreshadowing heavier silver purchases by the United States.

however,

Well informed circles in London, consider this view to be exaggerated, but they are nevertheless refraining from selling.

BIG LOAN TO CHINA

DISCUSSED.

BRITAIN MAY LEND ASSISTANCE

MINISTER'S ACTIVITY

Hence the sharp advanoce n prices, due to the limited supplies. In addition, but only as a minor factor, local purchases are being made with a view to speculative activity commencing when the London metal market trading com- mences on May 1-United Prasa.

CONTINUED BUYING

New York, March 26.* The Wall Street Journal, report- ing on market conditions, states. that

traders concentrated their interest on the strength of silvor, due to continued United States buy- ing, plus the growing bellef that Congressional silverites will force the devaluation of

the silver dollar, making silver worth $2.19 per ounce. This plan, however, was damaged by the Ilouse of Represen- tatives-rejecting the Thontas Nanking, March 27.

amendment to the Work Relief The British Minister to China,

Bill-Swan, Culbertson and Frits. Sir Alexander-Cadogan, today

-SILVER-AMENDMENT- said that he is expecting Dr. H. HI. Kung, the Finance

Washington, March 26. The House of Representatives Minister, to present him with to-day defeated an attempt to force concrete proposals for I plan the retention of the Thomas. of financial assistance shortly. Silver Amendment to the Work

Other Legations, here are less Relief Bill, interested and less optimistic in the matter-United Press,

(Special to "Telegraph”)

London, March 26. Britain is within a few days of the end of the nuancial year, and the Exchequer returns for the week ending March 28 have there foro a special interest..

Ordinary revenue, with one more week to run, was within six million pounds of the estimate for

BRITISH LOAN PROSPECT the year and totalled 700,711,187.

Nanking, March 26. Income tax 80 for collected

Sir Alexander Cadogan, British amounted to £224,476,000 and Minister to China, had a series of already exceeds the estimate, engagements at the capital to-day, which was 219,500,000, as well including an interview with Dr. as the total under this heading H. H. Kung, the Finance Minister, last year.

It was voted that the measure should now be sent to the Senato for conference. It seems to be generally expected that this con- ference will eliminate the amend- ment-United Press,

HIGHEST SINCE 1928

London, Mar. 26. Firm conditions prevailed in who returned here from Shanghai the Stock Markets to-day, the sharp rises in silver and rubber,

Ordinary expenditure up to this morning, Maren 23 was 2051304,338, the After the interview with the accompanied also by a further ad- revised estimate for the year, British Minister, Dr. Kung advance in base metals, encouraging including supplementary grants, mitted to pressmen that the pro-confidence. veing $718,115,0vv.—Bmtish Wire, posed sterling loan from Britain

Silver, at 28.7/8 for spot and 20 1088.

was under discussion, but he re-forward, touched the highest point fused to roveal actual progress since May, 1928, and the price of made in the discussions, which, he rubber increased 3/4d, to fid. per said, were still too premature for pound. Shares were marked up publicity:Central News.

BRITISH SHIP LOSSES

INQUIRY TO BE HELD

London, March 20.

$100,000,000 IN BONDS

י

Shanghai, March 26.

following to day's announcement of the International Rubber Re- gulation Committes. The export quote from the next three months Although the Minister of Finance, is reduced to 70 per cent, and to Dr.-I-Kung and the President 85 per cent. for the remainder of of the Legislative Yuan, Mr. Sun, the year. Fo, have been reported to have British Government .stocks reached a virtual agreement on the closed strong, with War Loan 3 Issue,

V-

This is due to the probable post-

+

DOLLAR RISES FARTHING:

711⁄2d.

t 18.

the Cheltenham Gold Cup contest. The President of the Board of question of the $100,000,000. bend per cent. 106, while home ralls Hurt, the trainer of Tapinois, says Trade announced in the House of Legislative Yuan's action on the improved. British Wireless...

n alight delay in the closed firm and home industrials that Golden Milier will have to Commons that he had provided, matter is anticipated. be a wonderful horse to give under the Merchant Shipping Act, Tapinois' twenty-eight pounds and for the setting up of a formal in- atill win. (Special to "Telegraph")

vestigation into the recent lossce session of die Friday's scheduled The Hongkong dollar rose a The owner-trainer of Brienz of certain British vesacie, with seven of the Yuan because of the farthing this morning to 2. 0.8/3d. soya he has a really good chance all, hands, by a Court under the

national holiday on that date, Paris, March 2.

The market opened at 28. 0.6/80. and

It is thought possible that the and then weakened in sympathy Tho French

the American owher-rider Wreck Commissioner. Lord Mer- members of the Legislativo Yuan with Shangbai to 29. 02 and 20, Sonato ratified the Franco-Italion accords Castle Irwell, says he has

to-day Mr. Bostwick, who has entered rivale, who had had long experi- will assemble on Thuraday or on 0.9/16d., the tone being distinctly. It is learned that the German According to a local press re- which provide for co-operation In

an ance of such matters would Saturday morning, in order to uncertain. Ministers are also satisfied with port, following a daring robbery Europe and Africa-United Press. excellent outside chance and he proside. The inquiry would cover approve the bond faste upon which usefulness of these direct conversa-of the Fengnan Bank by

would as soon ride him as any the widest possible ground. tion which have been concluded. of armed bandits two days, no

a party

horso in the race.

Mr. Runciman hoped that every surance that swift action will be

Mr. Sun Folhas given his as- 7.5/80; and torm at EN ROUTE TO MOSCOW

the local offices of the Hongkong

Major Furlong, the owner effort. would be made to provide taken.-United Press. and Shanghal Banking Corpora-

trainor of Renily True, and that the data obtained would exceed Reynold Storm, considers they their knowledge and contribute to- Mr. Anthony Eden, Lord Privy ion, the Netherlands. India Com- Seal bound on a delicate mission ercal Bank and the Taiwan Bank

have a good sporting chance and wards safety: at gen-British ahould run prominently. to Moscow and Warsaw on behalf have received several threatening

Wirolese.. of the British Government and in letters in protest against their in- the enuse of peace, left Berlin at terference with the case, 11.40 p.m. He was given a fare Some of the threatening letters well by a large and good-tempered were signed with ludicrous names crowd.

such as "Poor Man's Corps," "IB The new Turkish Ambassador to It Koasonable?" etc. Moscow, M. Wasyf Bey, travelled on The three foreign banks have the same train and was seen aboard referred these letters to the local

(Continued on Page 7)

Police Central News.

SIR WM. PEEL

FUND

The SC, M. Post and the Hongkong Telegraph · have) received the following further donation to the Sir William Peel Fund for the Protection. of Children: Mr. and Mrs. A: P..

Pereira, $10.00

PROVINCIAL BACKING

then eased off to is. Silver prices rose a penny In London, the advance being chiefly due to strong speculative buying, Sellers held back at firat but buyers In view of the fact that cons withdrew after the official fixing, tinued trade depression in Shang- prices weakening, with business re- hai would deal a fatal blow to the ported at 7/16ths under the rato. economic life of China, the Shan-

Teinan, March 27.

Book-makers are not looking forward with the usual degree of optimism to the Spring Double. DANK OF ENGLAND Betting this year is exceptionally amall. Backers are supporting four horses in the Lincolnshire, Mr. Montagu Norman was to

London, March 26. Commander, Overcoat, Flamenco day re-elected Governor of the and Llanarmon, with which Golden Bank of England for the fourteenth to the amount of $15,000,000, to loan bonds are to be redeemed Miller has been doubled, for big consecutive year, British Wire be secured on cotton, coal and after the lapse of six monthe sums-Router Specíał.

teas.

tung Provincial Government is general relief scheme in the form which are to be devoted to atimu propared to contribute toward tung Province, the proceeds of of issuing a serica of loan bonds lating the money market. be

ground nut productionă în Bhan, Central News, N