1935-07-10 — Page 13

OVERHEARD THE OTHER

DAY ....

She: That must be one of those new

Chevrolets.

He: YOU'RE TELLING ME

Manager

"Hongkong Telegraph"

ping, Merming. Port, kid, - Bigpet, - biwirkung.

[****EgAISER "Up Time:-7.11 p.m.

High Water:-----15.05. Low Water:-21.09.

The

FINAL EDITION

Library, Supreme Cours

_______ Hongkong Telegraph.

FAR EAST MOTORS

26, Nathan Road, Kowloon

CHEVROLET

Telephone 59101.

No. 14623

FOUNDED 1881 三拜禮 號十月七英港香

WEDNESDAY,

JULY 10, 1935.

日十月六

SINGLE COPY 18 CENTU $36.00 PER ANNUN

DUNLOP

TYRES

make every road

a SAFER road

CONFIDENCE IN SILVER'S FUTURE REVIVED

AMERICA BUYING Abyssinia-

TO CONTINUE?

STEADIER MARKET

ANTICIPATED

LIQUIDATION NATURAL SEQUEL TO BOOM

New York, July 9.

Italian

Impasse

CONCILIATION WORK BREAKS DOWN

AMERICAN CONCERN

•

Rome, July 9, The Italian Government is not likely to agree to the League of j Nations procedure of appointing i 1124 arbitrator in the Italo- Abyssinian dispute on July 25 in the event of the failure of the Conciliation Commission to reach

basis of settlement.

According to well-informed au-

due to the attempt of the

Recent developments in the silver market are interpreted as an indication that the United States thorities, the break-down in the Treasury, far from having abandoned silver buying, work of the Canellation Cammis-1 continues its programme along the lines recently out-Abyssinian apokesman to introduce lined by Mr. Henry Morgenthau, Secretary of the the Treasury: namely, according to the current supply and ciuded during the discussion bes Government's unemployment policy, demand, with an eye to buying judiciously rather than fore the League Counell. The is here seen leaving 10 Downing aggressively, and with a view to accumulating as Abyssinians huld that the question Strest, where he is once again in much profit to the Treasury as possible.

In other words, Mr. Morgenthau is operating like a seasoned trader, taking advantage of set-backs and holding off when the market is rising.

question of delimitation of Mr. Stanley Baldwin, who yesterday Frontiers, which was expressly ex-replied to the Labour criticism of the

of the frontier delineation is vitu), aince they contend that Ualual.

where the incident which caused the present tension occurred, is

well inside Abyssinian territory

and that Italian troops had no right there.

ceed with her own direct methods the dispute with

Meanwhile, silverites are described as watching It is generally considered that the developments closely. They are far from satis-negotiations are now dead, there- fied with progress. It is believed they are quietly fore, and that Italy will now pro- gathering statistical and other material with the of settling intention of strengthening their petition to President Ethiopia.-Bruter. Roosevelt, which is expected to be submitted before long.-Reuter,

LONDON OPINION

London, July 9. Bullion dealers here express the belief that the silver ŋurket will now show steadiness: This is because it is understood that: The United States will continue;

to buy but only to prevent a fur-! ther fall and not to stimulate a rike.

They point out that the liquida-i

GUARDING AGAINST

FLOODS

tion which is taking place at pre- WATER LEVEL NOW

seat is a natural sequel to the

boom in April which had produced

an ill-balanced and very greatly over-supplied market.

Fact

Emphasis is laid on the that the whole situation is in the hands of the United States. Thus If the United States continues its earlier polley the silver market will not lose its artificial charac-at

ter.

RECEDING

IMPROVEMENT

GENERAL

The dykes nt Chiukow collapsed

2 o'clock yesterday afternoon. Streets in Hanyang are already

The United States absorption over four feet under water.

IMPASSE REACHED

Geneva, July 9. Following the breakdown of negotiations at Scheveningen, ¿ where the Conciliation Commis- sion has been meeting, it is pro- buble that the Abyssinian Govern- ment will ask the League of i Nations Commeil to mert im. ¡mediately.

⚫iziled

Prime Minster.

LARWOOD AND VOCE ADAMANT

4

Suffering In

New York's

Flood Areas

NAVAL POWERS IN TWO CAMPS

RELIEF RESOURCES IN AMERICA SUSPECTS

GOVERNOR'S HANDS

2,000 HOMELESS;

36 DEAD

New York, July 9, Over 2,000 fre temporarily homeless, thirty-six are dead and eight are missing, as a result of the disastrous floods in the Stato Jof New York where twenty towns and villages have been inundated In the worst visitation of ils sort

for fifty years.

President Roosevelt has placed the resources of the Public Health Service at the disposal of Governor Lehman of New York, who has taken command of the relief or- ganiantion.

The American Red Cross has

despatched bands of workers to the afflicted areas and every effort to relieve the suffering is being

ninde.

Sunshine at last appeared in the wake of storm clouds in Albany where the floods are beginning to

recede, but rain is still falling at

Binghampton where the authorities fear a further rise of the River

Susquehanna

Householders at Hornell are wading back to their homes. They found mut five to seven feet deep in their living rooms,

At outbreak of typhoid fever is feared at Bath, one of the worst

WON'T RETRACT SO hit districts.

CANNOT PLAY

TEST ELEVEN OPPORTUNITY

London, July 9,

The decision on this point rests; The Daily Telegraph to-day with M. Maxim Litvinoff. the states that Larwood and Voce, [Russian chief delegate.

Nottinghamshire's fast bowlers, whom the leg theory League, circles recognise that about

raged during the the Italo-Abyssinian situation has controversy almost reached an impasse and last two test matches with declined the there is good reason to fear that Austraila, have

taly will refuse to attend any opportunity to be considered, by necting at Geneva earlier than the Test Match selectors as possi- Į hat fixed for August 25.---Renter. | ble players for Englund.

They refused, presumably, be-

enuse of the string attached to the offer. This was to the effect that they should withdraw their news- paper comments, made last year, during the body-line battle.

Fire broke out at Walton at the height of the flood and destroyed an entire block of fiats and shops. Firemen fought the flames standing in boats or knee-deep in fluid- water. Fire engines from neigh- houring villages approached the scene of the blaze with great dif- ficulty-Reuter.

LAWRENCE'S GENEROSITY

SPLENDID GIFT TO CAUSE OF COLLISION

R.A.F. CHILDREN Scheveningen, July 0. The cause of the collision of

London, July 9. views at the meeting of the Con

One of Lawrence of Arabia's ciliation Commission meeting here is not far to seck, it is learned un- Both flatly refused to retract most valuable anonymous benefac officially.

their statements and also Indi-tions was revealed to-night. It is of all offers at appreciably lower Mr. Chin Fen, Secretary General

The dificulties arose when the eated that they do not wish to be an education fund for the children prices has caused nervousness of the National Economic Council, Abyssinian delegates denunded

of killed and wounded Royal Air

there

pended £1,000 since 1928.

The fund is made up of receipts from Col. T. E. Lawrence's famous book, "Revolt in the Desert."

TRI-PARTY ACCORD

ATTEMPT TO DICTATE BATTLESHIPS' SIZE?

1895.

(SPECIAL TO "TELEGRAPH”)

(By. Telegraph. Copyright, Telegraphic Messages Ordinance,

Reerived, July 10, I p.m.)

Washington, July 9.

High naval authorities in the United States see in the announcement of Germany's new naval building programme a definite alignment of Britain, Japan and Germany against the United States in the strategic question of battleship sizes.

It is felt that the hands of the British and Japanese delegates to the next Naval Conference, particularly if they are to be joined at the table by the German, delegates, will be very much strengthened.

The construction of the 26,000-ton battleships, as announced by Germany, coincides with the British and Japanese efforts to reduce all battleships to that size. The United States, on the other hand, prefers larger vessels on account of their greater cruising radius.

AYRSHIRE "QUAKE" ALARMS

CAUSED BY HEAVY GUNS FIRING

PANIC IN THE NIGHT

Lendon, July 9. A day-long topic of conversation and conjecture among the holiday-

residents

makers and

of the

American experts hope that France, hereafter, will build larger ships in order to obtain auperiority over the Germans, thereby joining the United States' school of thought, to which Italy only at present adheres.

Experts are confident that Ger- many's small submarines will not disturb the major navies, because they can be used only in conatal areas, it is believed. Ocean-going. submarines,. of a greater cruising radius, must be of much greater tonnage. the American naval. [experts state-United Press.

MODEST NAVY PLAN

(Special to "Telegraph"}

Berlin, July 9. Germany's naval programme, details of which were announced yesterday, is regarded by the Press as a modest proposal.

The new battleships, according Ayrshire const was "last night's earthquake."

will be con- People were awakened by the to the newspapers, rattling of windows and violent structed on the lines of the French earth rumbling, leapt from beds warships of the Dunkerque class The sultry atmosphere heightened inch guns. The heaviest German gun, however, will be 11 inches, the fears of an earthquake,

Police investigations later re-eight of which will be carried by vealed that there had been no each battleship, damage or casualties.

The two new 10,000-tón cruisers Colonel Lawrence died only a A prosale applanation arrived will probably be built on the model Reuter reports a big advance in few weeks ago as a result. of in from Larne to-night. Firing prae- of the famous pocket battleships. On an official nominal quotation them to inspect and direct the pre-Ualual was situated in Ethiopia. the "rondy" price of silver at juries received in a motorcycle tice with ten twelve inch guna had! of 29, 14d. the Hongkong dollar vention and relief work personally. The Ethiopian delegates sub- Bombay at 3.20 Hongkong time mishap. He swerved his machine been held in early morning at has not so far been announced,

endeavour to avoid "Belfast Lough-Renter, declined a farthing this morning.

collision with a boy on a bicycle. The boy's life was saved.--Reuter.

among speculators, consequently arrived in Kiukinng yesterday and full rights for Professor deze, the SPARE INVENTARIANCESTRALSTED SUBROTONUKA NYATAAN Force officers. The fund has ex- and dashed into the open air. of 26,500 tons, carrying eight 13-

have been enormous is now busily engaged in the work Paris University expert, who amounts thrown on the London of flood prevention.

putting their case before the Com- market, especially from Indin.

Mr. Yu Yia-jen, President of the mission. They urged that his Experts are of the opinion that Control Yuan in Nanking, has televidence be heard without res BANIACARLANGEN NYANZAZZEt graphed to all members of the Yuan triction. But the Italian agents who are on inspection tours along refused to accept the Ethiopian HONGKONG DOLLAR

the Yangtse Valley, instructing views while they maintained that

An official bulletin isated by the nitted a proposal to appoint a At the opening, the business rates Yangtse River Commisson shows fifth arbitrator, but is it under

by the were 28. 1d. sollers and 28. 1d. the water levels at various ports as stood this was refused

Italian

the members. Finally buyers, but later the rates im follows:

Highest Commission decided to inform the

Level

(Continued un Page 53

proved to 28. 2.1/8d. and 2x,

2.3/8d.. an advance of twopence un'

yesterday's low quotations.

to 28. 1.5/8d. und 2x. 13⁄41⁄2.

The business rates later declined lehung

Hankost Kiuklang ¤¤RASYALERRIMETIMES EN LENGEDİCİLntzenetsiauterus ( Anking

Wuhu the speculative position is now Nanking reduced to healthier dimensions Chinking with bulla in the background, in consequence

of the prolonged recently. United

shaking Preas.

out

AMERICA'S POLICY

Washington, July 9. The United States Treasury has declined to confirm or com- ment on the reports in London that they have used the Equalisa- tlon Fund to sustain the silver price.

Some Government experts to- day commented upon the specula-

July July 8 in 1931 12.89m. 13.98m. 15.34nt.! 14.00. 16.30m. 16.31m.) 13.840. 13.00m. 13.87m 12.01. 12.01m. 13.20m. 8.63m. 8.57m. 9.54m. 6.72m 6.606m. 7.62m. 6.89m. 6.37m. 6.31m

PUBLISHER FOUND SHOT

CLOSE ASSOCIATE OF ADOLPH FUCHS

Chntanooga, Tennessee, July 9.

JAPANESE AGITATORS DEPORTED

REPORTED SENT OUT OF NORTH CHINA

Shanghai, July 10.

BOMBAY SILVER PRICE

to-day!

To-day's Price 72.09

"Yesterday's Close

70.01

considerad again in connection with representative cricket teams.

-Router.

Outlaws Raid Village

in

BRITISH CIVIL AVIATION

EMPIRE SCHEME

S'HAI MARKET REPORT

OPENS STRONG BUT EASES OFF

The cost of the 1935 programme

but private estimates put the aum

IL

2

Special.

milliard marks.-Router

FRANCE MAY REFUSE INVITATION

Paris, July 9. French opinion of Germany's naval programme confirms the view that Germany intends to con- struct 400,000 tons of aħlpa within the next three or four years. Shanghal, July 10. -

For this reason, It is predicted The Foreign Exchange Market that Franco will refuse the British was very strong this morning due invitation to send naval delegates The Postmaster General, Major to the belief that speculators | to London to discuss limitation.— Tryon, stated, at a luncheon to-day were shaken. It continued very: United Press,

PROGRESS

+

London, July 9.

to members of Empire Parliaments, strong at 10.30 a.m. U.S. dollars: his intention to pursue the active were 39.5/16, sterling 1/7 and developmenta which had been the Cold Bars 3835.70.

were

were

CARRY OFF FORTY

recent policy of the Post Office. At 10.46 n.m. exchange continu- FOR RANSOM The Post Office was one of the ed strong. U.S. dollars

greatest groups of businesses in 39.9/16, sterling 1/7.3/16, and the country, earning a revenue at Gold Bars $840.70. Rellablo Chinese sources declare

Shanghai, July 10.

The market was easier at the that Japanese diplomatists have

A Chinese report from Tientsin the rate of £140 per minute.

In pursuit of the ideal of build- cluse of the morning session. ordered the dissolution of the states that 600 bandits under Lieu Mr. Richard Walker, editor of Japanese Youth Organisation, Kwei-tang attacked Yenching on ing up the greatest nirmall ser-however. U. S. dollars

and Gold North China as the July 6, but were repulsed.

vice in the world, the Government 89.5/16. sterling 1/7?, tors' inability to judge the trend the Chatanooga Times, and a pre-known in

communicated' to the Bars $38890.-United Press. The small village of Liupinpio had of the allver market recently na minent associate of the late Mr. Young Men's League, founded in compared with their earlier con- Adolph Fuchs, owner of the New March last year.

was looted by the retreating raiders Dominions and India a scheme for fidence.

York Times and high executive in The League's president and and forty persons were carried off extensive development of Empire Unofficial experts have sug- the United Press Association, was eleven prominent members, includ- to be held for ransom, three being mall services, which provided for a very material improvement in the ested that the United States found shot to death in his office ing two Koreana, have been de-shot as the qutlaws fled.-Router.

present time schedules, for a sub- possibly bought silver in order to here to-day.

ported to Japan and forbidden to

stantial increase in the frequency' contribute to the relative stability There is no-explanation of the live in any part of North China |

-

RETURN OF THE HAPSBURGS

· DIET POSTPONES NEW LAW

Vienna, July 0. Due to pressure of other logis- lation, the Dlot has postponed for QUAKE IN HUNAN

twenty-four hours considerationTM of the law terminating the oxlia Shanghai, July 10. Fifteen persons are reported to of the Hapsburgs and restoring Private Guthrie, of the East Lanca of the services, and for all first-have been killed in an earthquake their property.

The law in rogardoð ás paving of the price and also to avoid the tragedy. Whether it was an acci- for a period of three years. charge that the United States dent, or whether Mr. Walker was It is generally believed here that shire Regiment, is reported as missing class mail to Empire countries at Yuanling, 200 miles west of

from the Shamshulpo Camp since.i

capital of Hunan. the way for the return of Arch-

as King-Emperor responsible

violent murdered for

or took his own life "ronins" belonging to the League on July 6. He was last seen in covered by profsated services to be Changalia,

United Prega. fluctuations. However, they say, through some unknown cause has were mixed up in the recent rebel his platoon barracks room, Nanking carried in future by air-British There are no detalls at hand as duke Otto

yot-Reuter. Barracks. He is 21 years of age. (Continued on Page 4): Inot yet been determined.-Reuter. attack on Poiping-Router.

were

Wireless,