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The
FINAL EDITION
Hongkong Telegraph.
FOUNDED 1881.
No. 14575
-#1 VATA MONDAY, APRIL 29,
1935.
日七十月三
SINGLE COPS 10 DENTS
$11.00 PER ANNUM
REHABILITA LONG MILEAGE... SAFETY
DUNLOP
The World's Best Tyres
STABILISATION IS U.S. AIM
SILVER PURCHASES
EXPLAINED
FORCING WORLD INTO
BI-METALLIC SYSTEM..
Washington, April 28.
The prediction that a continuation of the U.S. Ad- ministration's present silver policy would eventually force international currency stabilisation was made by Representative Dies, co-author of the Silver Purchase Act, to-day when discussing the present situation.
Representative Dies said: "The United States by raising the silver price to 77.57 cents an ounce is getting, or threatening to get, the world's floating supply of silver.
"Many nations have little gold and the United States has half of the world's gold. A managed curren- cy without any metallic base is never satisfactory, and the rest of the world knows it. So, with the United States buying all the silver that she can get, some other Governments are apparently bidding up the price in order to keep the silver within their own borders.
SAMAKATERINE BORAS ATUNCIERINITY CASIENLATIME ANY
Tho
Hongkong dollar opened at 25. 54d. this morning, representating a fall of three-farthings on Saturday's rate. Lator, it
again declined a farthing to 25. 5d.
At one time before tiffin, business was done as low as 2s. 44d., but later the mar ket steadied up, the rates being about. 2s. 5d. and 2s.. 54d.
COMPLETE EMBARGO ON SILVER?
RUMOURS RUNNING IN SHANGHAI
MOVEMENT -OF-METALS-
Shanghai, April 20. Excitement has been caused by
4 rumour
.89 Wilheim Y
A mook air raid was recently held in Berlin, the city being darkened for the occasion, when 150 planea acare' war the capital and dropped “cannon cracker" bombe. Picture shows's crater.caused
by the bombing.
Ainsworth
Trial At
Sessions
BRITAIN BOUND BY HONOUR
DEFENCE OBJECTION GERMANY WARNED
NOT UPHELD
CROWN CASE
OUTLINED
Eventually, the United States) price will reach $1.20 an ounce. The duel cannot continue for ever thorities are going to place an was killed by a
that the Chinese au-
Some nations need silver worse than we do. If they let us buy embargo on silver exports.
Rocha.
IMPORTANT POINT
(Ds
IN 1913
KING GEORGE'S PROMISE
it.
Noted Musical Figure
SIR A. C. MACKENZIE PASSES AWAY
COMPOSER OF NOTE
(Special to "Telegraph")
WAGING WAR ON UNEMPLOYMENT
ROOSEVELT STARTS GREAT DRIVE
CALLS UPON NATION TO ASSIST EFFORT
Washington, April 28.
Definitely linking the $4,000,000,000 Work Relief Fund with his Social Security Programme, President Roosevelt broadcasting throughout the Nation to-night. another of his "fireside talks", outlined the six funda- mental principles for allocating the Relief Fund.
The principles were: that the projects should be useful; that a large proportion of the money spent should be in wages; that a considerable part of the cost should be returned to the Federal Government; that the money expended on each project should be actually spent during the next fiscal year, and that the projects, should give employment to persons ori relief and should be located in relief areas in relation to the number of - workers on relief.
1924, in which year he retired, AIRWOMAN sibility was to all the American
and Saxe.
President Roosevelt simultaneously outlined the legislative programme for the remainder of this session of Congress. It calls for an extension of the National Recovery Act, the elimination of unnecessary utility holding companies, the enactment of a new Banking Bill and passage of his economic and security pro- gramme.
Outlining work rellef, President Roosevelt said that his respon people. Ife added: "No sectional or political distinctions can be permitted. It must, however, be- recognised that when an enter- priso of this character .។ extended over more than 3,000 counties throughout the nation, there may be occasional-instances. of inefficiency, bad management and misuse of funds. When such cases occur, there will be thore who will try to tell you that the exceptional Tallure in characterle- tle of the entire endeavour,
AGAIN DELAYED
MISS BATTEN AT
DIJON
FLEW INTO LOW FOGS
Dijon, Apr. 28.
(Spacial to "Telegraph”)
London, April 29, The trial of Abraham Edward
Sir Alexander Campbell Mac Telegraph. Copyroht. Telegraphie kenzie, Principal of the Royal Ainsworth, ex-naval heavyweight | boxer, and at present Inspector of Map Fire Academy of Music from 1888-
p..} the Star Ferry Company, for the |
Paris, April 28, manslaughter of a Chinese on The nesertion that King George fcd to-day, February 1. opened ut the of England clearly warned Ger- Born in Edinburgh in 1847, he Criminal Sessions this morning many in 1913 that Britain would was eldest son of Mr. Alexander fore the Chief Justlee, Mr. aid France in the event of a Mackenzie of the Theatre Royal. Justice A. D. A. MacGregor.. Franco-German war, was made in He was educated at Sonder. Prisoner, who appeared on batil La Revue de Beaux Mondes to-day shausen, Germany, the loyal pleaded-not-guilty to the charge by-the-eminent-French-diplomat, Academy, London, and received and was represented by Mr. H. C. M. Maurice Paicelogue, who was degrees from St. Andrew's, Cam Macnamara, Instrueled by Mr. J. the head of the Foreign Ministry bridge, Edinburgh and Oxford, M. D'Almada Remedios.
Political Department before the Ho was given an LLD from Deceased wan Ma Ho-tal, who War.
Glasgow and Leeds, and a D.C.L car driven by fle saya that King George told from MEGIN. Ainsworth at the Nathan and M, Paul Cambon in the course of
Sir Alexander was a member of Jordan Ronds crossing.
an audience at Windsor, February the Royal Swedish Academy, and
"It should be remembered that it all, they will eventually have It is also alleged that the Shang-1 The jury which was empanelled
in overy big job there are some to buy it from us. They would hal Customs Administration has, to try the case comprised: Messrs.1, 1918, that during the visit of held the Orders Pour Le Merite naturally prefer to prevent the since Saturday, shown reluctance, Smith (foreman), G. F. Santos, of Prussia, the possibility of an Cobourg.
the Kaiser's brother, Prince Henry Hesse-Darmstadt
imperfections. There are 'chise- lers' in avery walk of life and flight of capital. The thing will to issue silver exportation certi- Ma Kwok-heng, Sverre Odland, W. end in an International Monetary ficates or has actually refused in M, Bitter, C. H. Stewart and C. Lenvisagod. At that time the in Edinburgh, after having taught New Zealand airwoman, Miss Jean of proventing such evils in this Austro-Russian war had been
overy profession has its black From 1860-81 he was conducting Bad luck continues to dog the sheep! The most effective means Conference, which the Presklent issue them.
likelihood of intervention by wants. I bellove that such X1 conference would end in an agree the Chinese Customs authorities
for a time. Then he went to Italy, Batten, whe arrived here from programme will be eternal vigil- Meanwhile, a report issued by
the armies of France and Germany and was conductor for Novello's Lyons at 9.23 am, having left ance on the part of the American was admitted, and Prince Henry Oratorio concerts, remaining in her last stopping place at 7.16 a.m. people themselves. I call ment on a bi-metallic currumey
A. Fraser, Assistant of Prussia neked King George the South until 1888. shows that for the fest three Mr. J system throughout the world at months of this year silver exports Attorney General, conducted the whether Britain would participate.
Sho Bald she had £ ter fallow citizens everywhere to co- 16:1 ratio,"
His publications include, rible from China only
His Majesty replied: "Yes. amounted to case for the Crown and intimated
'the between
two operate with me in making this "Colomba," "Troubadour," "Rose TOO RAPID RISE
$10,000, while aliver imports for that an important point of conten- Certainly. In certain
and the most efficient and the cleanext just creeping along, of Sharon "Jason," "Story of being forced to fly at dangerously example of public enterprise that Mr. Somers, Chairman of the the same period. amounted to tion would be whether deceased was stunces Ijouso Coinnge Committen.
$1,246,368, of which 84,048,981 about to walk straight across Prince Henry was astonished "The Bride," "Dream of low altitude through mountainous the world has ever seen,"
Cricket Jubal," "The Nathan Road just north of the and declared the possibility of
the country, owing to a thick fog. tended that the Amariens silver came from Hongkong.
Hearth;" "Scottish Rhapsodies," The same report says that the crossroads, as the Crown would an Anglo-German war
Her blind flying instruments was Le Beile Dame sans Merci the wore out of order, she said, which price was being raised too rapid-outflow of gold from China for seek to prove, or whether he was imaginable in Berlin, ly. The Mexican situation, he
up to 13,980,110 crossing Nathan Road obliquely is Majesty replied: "We are overtures of "Twelfth Night." prevented her gimbing. this period was sald, showed that the price should Customs Gold Units, all of which from the traffic island in the engaged by honour to remain be boosted gradually so as not to
faithful to our friends." Britain, while centre of Jordan Road east.
M. Paleologue. also reporta financial situation.
from marked that the case had attracted conversation between a French considerable public attention and agent in Cairo in March, 1813, It was important that the jury and Lord Kitchener. The French should excludo from their minds agent said that Lord Kitchener anything heard or read outside the warned the French authorities dot Court.
to roly upon the aid of the British The jury were provided with Army which is excellent for elaborate plans of the rond. Aghting negroes, but which is not
Continuing, Mr. Fraser said the prisoner was alleged to have driven equipped for European war."
Router Specialis
comTM
disturb too greatly the general gold imports were 76,660 Customs At the outset, Mr. Fraser re-
at the
was exported to
Gold Units, which came Meanwhile, Mr. Henry Morgen-Japan-Central News, thau and his Assistants Treasury are closely; walching: world reaction to the Administra- tlon's aliver policy and are pre-f paring for further discussions i with Senor Roberto Lopez, AB84-2 tant Secretary of the Muxican Department of Treasury, who yesterday sped to Washington for n first-hand study of the situa- tion.
It is generally belleved that the Mexican Government will ask the United States to ease her pur-s chase programmo.
BAER HURTS HIS HANDS
"TOUGHENING UP". FOR BRADDOCK
his car in Nathan Rond at a rate
which he knew was dangerous. Prisoner had obtained his driving | lleence some soven months before) the accident and was accustomed to drive in Chevrolet car. On the day in question, however, he left the Star Ferry in Ford V-3,
B driven this car twice previously, which he was trying out. He had
but It was common ground, AB nccused would admit himself, that He will commence training at he was not so familiar with that once on Mr.. Hai Simms' estato at car and was not quite" "so- Asbury Park, where he will shovel fortable in it as in his own. "sand" to toughen his hands which
(Special to "Telegraph”) - Senor Lopez stated: "It would
New York, April 28.. seem proper for both countries Max Baor, world heavyweight champion, arrived here on Tues- day.
to find a way to co-operate
this matter."-Router,
NO SILVER ACTION
Washington, Apr. 28.
in
:
HIGH SPEED →→
clrcum-
REFUNDING IN AMERICA
MILLIONS OFFERED TO TREASURY
1
(Spacial to "Tulagraph"): (By Talenvaph,, Copyright Telegraphic Alesanges · Ordinance, #494, Ročilrod, Apri com-27, 28 nom).
Washington, April 29.
on
Britannia," and the music to such favourites as "Little Minister." "Coriolanus," and others.-Reuter,
S'HAI MARKET UNCERTAIN.
HONGKONG BANK IS SELLING EXCHANGE
Shanghai, Apr, 29. The Foreign Exchange Market ivory uncertain this morning lowing to the uncertainty surround-
Ing the United States policy,
The Hongkong & Shanghal Banking Corporation is among this few sellers of oxchage,
Opening rates on the Foreign Exchange Market were U.9. dollars 405 Sterling-1/8 Gold Bars $776.00.—United Press..
Later.
time
cities,
onl
ATTACKING UNEMPLOYMENT
The President assured the Na- tion that: no efforts would be Fog still lies thick over the spared to use the funds for a route site must follow to complete major attack on unemployment.
This is her voyage from Australia to Eng to destroy enforced Idleness. The great National Crusade land and Miss Ratten, whose maching is in need of slight re- attack must be without stint or
discrimination." pairs, is awaiting improved con- ditions before hopping of for Croydon.
#
Speaking of the desire to con tinus the National Recovery Act, the President said: "We must continue to protect children and enforce minimum
wages. We must prevent excessive hours and. is very much disappointed, safeguard, define and enforce
collective bargaining."
Despite her failure to beat her own record for a fifteen-day out ward flight, Mias Batten la still cheerful, though she admits she
Reuter.
U.S. FOREIGN TRADE
He urged prompt and favourable action by Congress on certain proposals made to amend the Federal Reserve system which President Roosevelt Bald had Justified ita existètice for the past.
201
Vending his talk, the Presi
dont
lent sald: "We have survived the arduous burdens and threatening dangers of a great economie calamity. We have retained our faith in our ability to master our destiny. Fear la vanishing mid confidence is growing on every-
de-Reuter.
COTTON MILL FAILS
MARCH GAINS OVER FEBRUARY
Washington, Apr. 28. The foreign exchango | market The Mexican Ambassador, and Member of the Mexican Treasury have been badly bruised in exhibl-
The Department of Commerce, Mr. Honry Morgenthau, Secro was steady, at the close of the Senor Roberto Lopes, were in con- tion boute.
tary of the Treasury, has announced morning session. Sassion's, in reports that foreign trade figures Improved during thỏ" month of At 4.40 p.m., Ainsworth drove that $910,000,000 in subscriptions torests were selling and the Bol- ference with Mr. Henry Morgen- than to-day
He is preparing to meet the past Wallace Harper's garage at a has been received for the new glan Bank was buying exchange. March.
securities offered In ex- Chinese Government banks Exporta amoanted to $185,001,- After the conference Mr. Mor.new-comer to the fatic.firmament, Ihigh spoed which attracted the Treazu 1988,000,000 worth of werd inactive with; the exception 000 compared with 3162,000,000 for genthau, said that ab aliver action Jimmy Braddock until recently attention of spectators, who change for
of occasional offerings from the February and 8190,800,000 for was contemplated: to-night-United a "nufin" In the ring, but who aatimated hia" spend at 45 m.p.h. First, Liberty Bonds Central Bank to sell sterling but March last year
showed ho could hit and absorb He slowed down slightly nearing Of the total, $605,000,000 punishment when ho trounced the controlled area, but his speed offered for 27 per cent five year at rates usually below the market, Imports amounted to $177,279,-
Shanghat, April 28. WAB still greatly in excess of 20 notes and 1300,000,00
that there is little significance 000 as compared with $162,478,000
Suffering from competition of month ago United Prese
for February and $158,005,000 for cheap priced, foreign cotton yaras gas attached thereto.
dollars 41: March last year, M Medig a big chinese-owned cotton milll, 1776:40 Unofficial business was mainly in the export gains, to announce.i.dectaton 100% fud done in gold bars after the close Agricultural exports showed a de- up business, throwing 800: BES7786United Free
crease.-- Vited Press.
out of einployment
PEGGING SILVER
Washington, April 28. Senator Patrick McCarran was conference with Mr. Henry
the
Arthur Lasky in New York up... A cyclist who was riding] per panty 10% 20-year naked Gold,'&Bars B Manufactured goods featured the Min Bhang has been compellsá
AGIMENTA
the United States The Pand O. Liner Reapara, is de
hare Tryna Singapors with the English senocid malla, at noon on Wednesd”
in front of the car and was turn-
ing from Nathan Road right into Jordan Rendavas kopcked bEUTTA
machines Asped
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