1935-06-04 — Page 13

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Hongkong Telegraph

FOUNDED 1821

二拜體 號四月六英港香

TUESDAY.

1935.

日四初月

•NO. SISDE

SILVER BARTER PLAN OPPOSED

SENATE BLOC WILL FIGHT DIES

NO NEED FOR CHANGE OF U.S. POLICY

(By Telegraph. Copyright, Telegraphic Messages Ordinanco, 1804. Received, June 4, 12.15 p.)

Washington, June 3.

The powerful silver price-boosting faction of Con- gress will oppose Mr. Martin Dies' barter plan, which proposes that America shall offer a metal market to silver producing nations only in return for orders for America's surplus farm products.

Senator Alva B. Adams spoke strongly upon this matter to-day. He said he believed the present silver purchase plan was working as expected and had “raised. prices and created a market for American goods." He

did not believe it should be confused with other issues..

If America's silver programme were changed in the

manner which Mr. Dies suggested it would tend to con-

fuse other nations and the price of silver would decline

"because others would gather the impression that we were attempting to force goods upon them."

Senator Adams indicated that his views were shared with other “Sllver Senators."

Representative James Scrugham Haid he was not familiar with the detalls of Representativa Bion' plan, but a cursory study of it proved to him that he could not favour it against the present polley-United Press.

Wachington, June 3.

Representative Martin Dies,

BRITAIN

ACCUSED

BY ITALY

Democrat of Texas, it was learned ALLEGEDLY AIDING

B000

the

09

to-day, is planning to confer with President Roosevelt and Secretary of the Treasury, Mr. Henry Morgenthau, as possible. The object of the con- ference will be to make an effort to obtain the immediate suspens- ion of the United States silver! purchasing policy and to aubstitute it with a plan of outright barter,

of

Mr. Dies has pointed out that at present the silver policy is ifttle apparont benefit to the agricultural export situation.

ABYSSINIA

WAR MATERIAL SUPPLIED ?

பட

A snapshot taken at the saluting base at yesterday's King's Birthday Parade in Hongkong. Hi Excellency the Officer Administering the Government (Sir Thomas Southorn, K.B.E., C.M.G.) is saan. coversing with Commodore Sedgwick just prior to the March Past. (Photor Mes Cheung).

Sir Atholl NOTORIOUS Royal Empire MacGregor KIDNAPPER Society Builds Congratulated CAPTURED For Expansion Congratulated

KNIGHTHOOD APPRECIATED

COINCIDES WITH BIRTHDAY

DAVIS ADMITS PART PRINCE OUTLINES ITS

IN 1934 CRIME

MACHINE GUNS ON MAN-HUNT

GREAT MISSION

NEW HOME -TO COST £250,000

(Special to "Telegraph") (De Telegraph, Copyright. Telegraphic] (Dy

Ordinener, 1881. Rep

19,38 rumma)

His Honour the Chief Justice; Sir Atholl MacGregor, Kt., K.C., was congratulated at the Supreme Court this morning by members of both branches of the legal profes-epsa sion, as well as the staff of the Court, on the knighthood con- ferred upon him by His Majesty the King. The occasion was, a particularly happy one from the fact that it is the Chief Justice's birthday to-day.

His Lordship sat with his brother Judge, Mr. Justice R. E. Lindsell, and those present in Court were Hon. Mr. C. G. Alabaster, K.C. (Attorney-General, Mr. J. A. Fraser (assistant Attorney-Gen- eral), Mr. Eldon Potter, K.C., Mr. F. C. Jenkin, K.G., Mr. Duncan Mc Noili, Mr. J. J. Hayden (Oleiot Receiver), Mr. H. C. Macnamara, Mr. Hin-shing Lo, Mr. Leo d'Almada e Castro, Jur., Mr. R. C. A fortnight ago the Italian press H. Lim, Mr. Harold Lee, Mr. Lo made similar accusations which Tung-fan, Mr. D. L. Strellett (re- were strongly denied in the House presenting the Hongkong Law Society), Mr. W. J. Lockhart-Smith, of Commons,

(Special to "Talograph”) (Dy Telegraph, Copyright Telegraphis Asaenges Ordinance, 1113. Received, Juns 42 12:30 pm)

Rome, June 4. Giornale d'Italia to-day accuses Great Britain of aiding Abyssinia He has contended that if the in her preparations for war by United States purchased sliver permitting the shipment of muni- solely on a barter basis, the Ameri- tions and armaments from Kenya

of Colony into Ethiopian territory. can farmers would dispose from two to three million bales of cotton during the next seven or eight months.

Under his new plan, he said,

No exports of materials of war Mr. E. P. H. Lang. Mr. F. X. cotton would be bartered at twelve! centa a pound but the price of to Abyssinia had gone out of Bri-d'Almada enr., Hon. Dr. S. W. T'go, silver could be raised considerably tain for many months, the Govern CUE., O.B.E., LL.D., Mr. T. M. Haz- above the present level, possibly to ment stated and none whatever lerigg, Mr. L. R. Andrewes, Mr. T. since the critical frontier situation. Whtye-Smith, Mr. A. el Arculli,. Mr. G. S. Hugh-Jones, Mr._F. X. Mr. Dies said: "The present had arisen between Abyssinin and d'Almada, jar, and Mr. P. Tester, plan is not helping American Italy-United Press.

ATTORNEY GENERAL'S agriculture, which would be the sole purpose of my Bill it. it be- came the law of the United States.

"Our exports

dropping

$1.29.

aro

BORDER RAID

Rome, June .

outposts. thus seriously

SPEECH

(Special to "Telegraph")

8.82 0.1

Telegraph, Copyright Telegraphie Ordinance, 181. Recules. May

St. Paul, June 3.

London, June 3. The notorious Volney Davis, the

of Wales H.R.H.the Prince wanted in connection with Bremer and Weyerhaeuser kid- to-day laid the foundation-stone Bappings, was arrested in Chicago of the new building of the Royal to-day and brought

nere by Empire Society In Northumber land Avenue, which cost £250,000. aeroplane.

He admitted to participating The Prince read a message from

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FRENCH APPROVE

STABILISATION

SHOW CONFIDENCE IN BOUISSON

NEW ECONOMIC PARLEY:

MAY BE CALLED

Paris, June 3. The financial world is showing confidence in the Bouisson Government, which faces Parliament to- morrow afternoon.

The demand for Government issues at the last opening of the Bourse so heavily exceeded supplies that a quarter of an hour elapsed before prices" "could be quoted. Then 42 and 3 per cent. Rentes rose over three points from the prices of May 31..

Thanks to the restoration of confidence, a large public loan is expected in the near future..

General currency stabilisation is the corner-stone of the policies of the Finance Minister, M. Caillaux. He is credited with the intention of shortly proposing, the resumption of the London Economic Conference

which adjourned in 1932,

ATLANTIC

RECORD SMASHED

NORMANDIE LOWERS BREMEN'S TIME

WELCOMED TO NEW YORK

New York, June 8.

The giant French liner Nor mandio established a new record

in the Bremer kidnapping. This His Majesty the King, expressing for a trans-Atlantic_crossing on her case, one of last year's sensations, the hope that the auspicious maiden voyage. She passed Am concerned Edward G. Bremer, St.Joccasion would mark the opening brose light-ship, at the entrance to of a new era of increasing pros-New York harbour, at 10 o'clock INTROVEREENKIMASTER | perity.

Messages were also read from this morning (Eastern time), PROINDECY

the Prime Minister, Mr. Ramsay covering the 3,192 miles from MacDonald, the Dominions' Pre-Southampton in 106 hours and 83 miers and General Smuts.

minutes, her average speed being The Prince of Wales, in the 29.08 knots. course of a specch, stressed the

FEAR SPREAD OF FLOODS

Immense Losses In

Kansas, Nebraska -

(Spasial to "Telegraph”)

Kansas City, June 3.

"The recovery of international trade is in the forefront of my preoccupations," M. Caillaux told a newspaper conference. "Incident- ally, it will singularly facilitate matters If the great currencies, other than france, can shortly make stabilisation their common object.”

The Finance Minister has already initiated certain reforms, including the decision to appoint two commiġ- sions, one of which will consider reorganisation of the Stock Ex

other elaborate change and the means for making expenditure cor- respond to revenue.

DRAIN ON GOLD

The recent drain on gold held by France has now ceased and an early reduction of the bank rate, which is now six per cent., is expected.

An official statement issued by the Ministry of Finance confirme that M. Caillaux favours Interna- tional stabilisation on a basis of the present parity of the franc, but"

to deal with a stabilisation confer- suggests that he is too preoccupied ence at present, as he is absorbed with balancing the Budget and maintaining the present rate of the franc.

The statement adds that M. Caillaux does not consider that he should take the initiative in calling

Importance of the new building The previous best time establish a conference to discuss stabilisation.

home for Overseas visitors, ad was that of the German liner-Reuter. enabling Englishmen to return Bremen, 110 hours and 27 minutes. the abounding hospitality shown The Italian liner Rex established o to Britona overseas. He also re-record of 109 hours and 68 minutes ferred to the value of the quar-for the crossing from Gibraltar. ter of a million volumes of the Society's library, which would be

The Normandie's speed on Sun- It is now estimated that 216 properly housed for the first day and Monday averaged the

splendid figure of 31.55 knots. are dead and missing. and that time. | $20,000,000 damage has been done. If it were true. Об many The Normandle docked at 3.25 In the floods in Nebraska and thought, that the Empire was only p.m. amid pandemonium created by Kansas during the past few days. at the beginning of its real mis- crowd of over 100,000 along the Meanwhile, the Missouri Riversion to the world, baid the Prince, waterfront, which brought all

inhabitants of the adjacent Society in the future would be

rising dangerously and the then the part to be played by the traffic ontstaatil

Gold Clause Annulment

CANAL COMPANY NOT AFFECTED

CHAIRMAN'S STATEMENT

Paria, June 3.

Important. A would welcome Two firefloats, playing jets of the contribution which the Society water like fountains, accompanied would make to that understanding the Normandie to dock, while nero- of the people which was nowhere planes équipped with gigantic am- so well exemplified as within the plifiers cruised overhead and sent boundaries of the Empire.-out the straina of the "Marvell-

The Suez Canal Company. con- bound special.

Inise."

siders Itself unaffected by the Madame Leburn, wife of the decree fasued by the Egyptian President of France, was the first Government on May 2, annulling to leave the ship. She drove to her the gold clause In International hotel escorted by motorcycle police contracts, declared the Marquis sounding their syrene.

[de Vogue, presiding at the annual

meeting of the company to-day.

Just when the Italo-Abyssinian Addressing Its Lordship, the steadily, but if we purchase Bliver quarrel, arising out of monthe Hon. Mr. Alabaster, K.C., said: aolely on a barter basis we should old clashes on the Italian Somali- May it please your Lordship,- country are apprehensive of

tand frontier, seemed noar to behalf of all branches of the legni. not only benefit the world silver settlement, Ethiopian tribesmen profession and of the staff of the major disaster-United Press, situation but also bolster our have fought again with Italian Supreme Court, I would like to con- export situation.

com-gratulate your Lordship on the TOPPTAKİBİ ALANINGS SECONDORIOASE "I do not know how President plicating the situation in which honour of knighthood which was Roosevelt or Mr. Morgenthal to the League of Nations has tried to conferred in yesterday's list of His Paul, banker, who was subsequent react to my plan, but I am going to effect settlement.

Majesty's Birthday honours. Ally released.

Davis, who reportedly operated make every effort to obtain an op-

Thirty Italian subjects were though the honour was not alto. portunity for a trial."

killed in the Dankali region, gether unexpected, it is none the with Alvin Karpls and Harry Eritrea, on May 31, according to less welcome to us all in that it is Campbell, is believed to have been an official conimunique received a mark of His Majesty's apprecia- In the vicinity of Tacoma recent- Representative John A: Martin, hore to-day, when an Italian and tion not only of your Lordship's ly, and is being questioned here

algh of the dignity

George Woyer- that he did not believe that addi-by Abyssinians,

The raiders from the Abyssinian of the high office your Lordship haeusor, for whose release $200,- tional purchases of allver would

benefit to side of the border carried off holds in the administration of that 000 was recently paid to gansters prove to be of any

some thousands of head of cattle. British Justice on which our Em by his family, richost timber ONE OF RECRUITS OF doméstic producers.

pire policy is founded. We would operators in the country. like, if we may, to extend our con-

TREBITSCH LINCOLN gratulations also to Lady Mac

NO BENEFITS

Buddhist Nun

Democrat of Colorado, to-day said native police outpost was attacked manifold services to the Empire but in connection with the kidnapping Found Hanged

He pointed out that the United States aliver mines, particularly those In Colorado, produce com- plex orcs due to the existing low

• price of lead and coppar.

MILITARY MEASURES

Gregor.

Mr.. Eldon Potter, KC, also ad- dressed His Lordship and said that on an occasion like this It was the

(Continued on-Page 4) ́ ́

The military commander of the aoctor has taken the necessary measures to ensure the safety of Producers of these ores, he said, Italian subjects.

A further serious incident ta are unable to realise sufficient money on the baser metals to reported on the same day from a Justify the operations, despite the remote section of the Somaliland- fact that the ores contain silver. Abyssinia frontier country, when

also he said that he did not twenty armed Abyssinians at-mittee, at Milan, another frontier incident has occurred: in, the believe that the present silver tacked an Italian outpost near

region of the Uebiacobell River policy had benefitted the agricul- Gublie. intural Export altuntion materiaily.It is understood that at least some distance from Ualual, where

United Press.

ten Abyssinians were killed In the first frontier clash, which was this second clash-Reuter,

the cause of the present crisis, occurred.

The casualties were rather

NO COMMENT

Washington, June 3.1 Mr. Dies Intends to propose to "Mr. Morgenthau a drastic change (Continued on, PagèTM 4.)"

MANY CASUALTIES

for the Bremer kidnapping.

(Special to "Telegraph")

1840_p.m.)

Davis has not been sentenced

Meanwhile, machine-gun.squads: have barricaded all highways in the vicinity of Tacoma and are

(By- Telegraph, Copyright Telegraphio closely inspecting all passing spes Ordinance, 1884. Raceland, Kay automobiles, Indicating the belief that the kidnappers of George Weyerhaeuser may still be in the vicinity of that city-United Press

FANLING GOLF

In the Captain's Cup June

Rome, June 8. heavy, and included Italian qualifying competition at Fanling On the eve of a meeting of the Somaliland Inhabitants and Abys-over the week-end, H.A. Browning Italo-Abyssinian Conciliation Com elniane, both killed and wounded. qualified with a score of 78 (91-

-Reuter,

18). There were 27 Pentries."

The passengers who made the trip across were most enthusiastic over the Normandie's performance.

-Reuter,

NEW BARONET

MRS. LINDSELL'S BROTHER-

He pointed out that transit. dues can be collected in any currency the company may choose and the company would not hesitate to collect in a currency other than gold francs if it thinks fit.

Further, there was no gold clause in the contract for payment. of dividenda to shareholders and debenture holders. They were |payable on an International frane, | basis, at'a twentieth part` of us [gold louis,

Hangchow, June. 4.-

The company, moreover, holde Miss Hertha Henschel, a native It is of interest to note that that the decree of May 2 has no of Barlin, one of the Buddhist Dr. William Mollison, who re-retroactive effect on past pay- nuns recruited in Germany in 1983 ceived a Baronetey In the King's ments.

The Marquis added that the by Trebitsch Lincoln, former Bri Birthday Honours List, is the only tish M.P. and now Buddhist leader, hrother of Mrs. R. E. Linsdell, company would like to aid ship has committed suicide by hanging wife of Bit. Justice Lindseli, owners by a reduction of tariffs, in Hwating Temple, on the top of Pulsne Judge of Hongkong, but until the position with regard to the Egyptian Government's de-. Tiendal Mountain, rustfr

Lincoln, known now as “Abbot Dr. Mollinson, who is one of cree was cleared-up, the company. Chad Kung is arranglug for her Britain's foremost medical men, could not see its way clear to the burial on the mountain-top with is surist and laryngologist at surrendering of any source of |full Buddhist rites. United Press. Gay's Hospital.

revenue.Reuter,