1935-12-14 — Page 20

Hongkong Telegraph 港電新報 士蔑新聞 All

KINGS

TO-DAY ONLY

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SAMUEL GOLDWYN presents

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THE WEDDING NIGHT

- Directed by KING VIDOR

Refoused thre

UNITED ARTISTA

WALT DISNEY

FOX

THE HONGKONG. „TELEGRAPH. SATURDAY, DECEMBER 14, 1935.

POLICE FORCE ORDINANCE

PROPOSED CHANGE

IN THE LAW

Th Gazette contains the draft of an Ordinance to amend the Polico Force Ordinance, 1932.

Section 2 (1) of this Ordinance effects minor changes of police pro- cedure by substituting two new sub- sections for sub-sections (2) and (3) of section 18 of the Police Force Or- dinance, No. 37 of 1932, extending to European lance-sergeants of police other European officers of police of equal or superior rank the duties in respect of persons in police custody and the powers as to release on ball of such persons, formerly exercised

and

U.S. SILVER POLICY

TREASURY'S AIM

NOT CLEAR

tho

Washington, Dec. 12. The Secretary of the Treasury's disclosure that he had shifted centres of his silver purchases has Increased experts' beller here that the manoeuvre was made with in ternational motives.

Opinions here vary as to whether the object is to avoid purchases of or to silver smuggled from China break the influence of the specula tors in London-United Press.

Added Confusion

New York, Dec. 18. - Mr. Henry Morganthau's state-

alon in the world markets due to the

CHINESE TROOPS

BOMBED

JAPANESE PLANE

ATTACK

Kalgan, Dec. 13.1 According to a Chinese Military report four bombs were dropped on concentrations of General Sung Chen- yuan's troops near hero by two Japan- eso aeroplanes, which attacked tho troops this morning.

The number of casualties has not been made known but it is believed that ten Chinese soldiers were killed Instantly.ah Kiu Yat Po.

War Office Envoy

only by officers in charge of pollcament has only added to the confusenting the Japanese War Office, has

atations.

This extension is necessary in order to facilitate inquiry into, and the ro- lease on ball of persons charged with in- numerous petty offences now vestigated by such officers, who in the Colony mixed police force of this exercise many of the functions per formed elsewhere by oMeers of nominally superior rank.

THREAT OF WAR BRITAIN EVADES

(Continued from Page 1.)

reason

is

to the peace plan, there is A Slly Symphony in ALSO THE LATEST. 'The Goddess of Spring Bestil Technicolour believe

version that the

that Signor Cerruti, the Italian Ambassa- dor at Paris, told M. Laval that an TO. "REDHEADS ON PARADE"

- PICTURE!oll embargo against Italy would de-

finitely реда п MORROW

a European war. with JOHN BOLES — DIXIE LEE

M. Laval is reported to have told Sir Samuel Hoare that France was not prepared to join in an oil embargo that the and it was pointed out French fleet could not be mobilised

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GEORGE WHITE'S 1935 SCANDALS

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GEORGE WHITE

under

er a fortnight. Sir Samuel facil ma nfor the prospect of n war with Italy without the aid of the French fleet and decided to fall in with the French view. and support the peace plan.

One of the modifications of the Franco-British plan as presented to the Italian and Ethiopian Govern- ments, Is that the drafters of the scheme promise to use their influence with Ethiopia to obtain her acceptance of the proposals for the formation character company for the development of Italian enterprises in Ethiopia. At the same time they re- commend acceptance of the plan by

Ethiopia.-Reuter Special.

of

a

BRTAIN'S PROMISE

|

fact that he has not mentioned where Amerlen is buying or what amounts have been taken.

The disparity between New York and Montreal prices indicates that high prices are artificial. Because the Montreal market is unrestricted it la belleved that its price of 52,20 cents is closest to the true price of oliver.

The Treasury is probably buying in New York but since the Treasury is only taking apot no arbitrago operations are possible.

One Wall Street expert suggests that the Treasury might be anticipat ing devalution of the silver dollar with a 60 cent gold to conform dollar. If Congress decides DOR such a course the Treasury could cease is Rilver purchases immediately, since the present stocks would com

with the Purchase Act sinco silver would be $1.29 per ounce,- United Press.

ply

Huge Chinese Offers?

Washington, Dec. 12. It is being persistently rumoured on Wall Street that the Chinese Gov- be- ernment offered the Treasury tween 200,000,000 and 250,000,000 ounces of silver which the Treasury declined due to the desire of China to retain mure silver for her rency.

cur-

Tientsin, Dec. 13. `. Colonel Seleht Kita, who is repre- arrived from Tokyo. He toll Japan "what is needed in North China is a eso newspaper correspondents that, real change not a merely change of

namen."-United Prens.

Colonel Kita in Chin of the Chỉ neko affairs section of the General Staff of the Imperial Army. He is the to be liaison officer between Japanese military authorities in North China and the War Office.

He was accompanied by Lleut.-Col. Muto, of the military affairs section of the War Ofee, who declared that he had been entrusted with the task of reorganizing the Japanese garri- sons in North China.

Relentless Pressure

Tientsin, Doc. 13. Japanese Army to tighten its grip on As evidence of the intention of the North China a conference of high Japanese military officers here has decided, first to expand the

garrison to meet the new coanese

and secondly to ignore the Centrní Government, as regards Northern

Council,

actions would, be

Beck the

issues, and only with the

new

closely watched.

they will

Third antion of Sino-Japanese co-

operation to prevent the Sovietisa- tion of North Chinn.

Nanking's "double-faced" polley was denounced by those attending the conferences,

who included Colonel the General Staff, Kitn

Tada, Commander-in-

Statement by Gen. Ho

Experts any that the alternatives Major presented to the United States Trea- chief of the Japanese Garrison in Bury are firstly, to abandon the pur- North China, Colonel Oreko of the chases, which will irritate the Silver Kwantung Army and Lleutenant Bloc in Congress and cause the Colonel Muto of the War Omee.- Treasury

which may Renter. a huge loss precipitate an inflation fight in Con- gress; secondly, to withdraw from the market temporarily which would only delay a low-down and third- ly.

which to continue the policy, would play into the hands of Bri- The emphatle declaration by Mr.tish interests attempting to control Anthony Eden, at the meeting of the the exchange market through China's Committee of Eighteen to-day, that managed currency. the British Governinent would not waver in pursuit of the restoration of of the and the maintenance

ils, and that it wrd to give all the assistance in its power to the work of the Com- mittee, made a a hig impression.

Genera, Dec. 13.

Authority, and

The declaration la generally inter- preted in the lobby as implying that the British Government has no inten- tion of availing or delaying the ex- tension of sanctions.--Reter.

LATE MR. J. W. C. BONNAR

LOCAL ESTATE OF $112,800

The late Mr. John Whyte Cooper Bonnar, well-known exchange broker, who passed away at Peak fotel on November 27 this year, left local estate valued at $112,800.

Probate of the will has been grant ed to the widow, Mrs. Nora Brasnett Bonnar.

In his will dated November 24, 1933, the late Mr. Bonnar bequeathed all his real and personal estate whatso- ever and wherever to his wife absolutely, unit appointed her as sole executrix.

GRAIN PRICE STIMULUS

ARGENTINE GOVERNMENT'S

DECISION

London, Dec. 13. Fundamental etinulus; to the world grain price structure was imparted by the Argentine Government's mo- mentous decision to buy wheat, and linseed at 10 and 14 pesos against the previous fixed prices of 5,75 and 11.50.

of wheat was T. 34d. against last The Liverpool equivalent new price night's G. 10d.

Liverpool's strong advance to-day reflects only a portion because Aus- tralia in underselling.

The Government's action was prompted by belief that recent world prices did not do justice to a very improved wheat statistical situation, snys the Shanghai editor of X-Ray on December 12.-Router,

Forces Chicago Prices Up

Chicago, Doc. 12. Wheat prices were upward on ag gressive buying despite the 1,028,000 bushels being tendered for December delivery.—United Press,

STEAMER MISSING

NORTH CHINA COASTER OVERDUE

Attention is drawn to the fact that any United States purchases of silver gold, which would probably be plac ed in London, contributing to the reserves with which Britain would maintain complete control of the ex- change market--United Press,

Silver Future

New York, Dec, 12,

A silver expert here, to-day said United States Treasury that the would undoubtedly get silver at forty or even thirty cents per ounce if they reduced the buying" price,"

Pelping, Dec. 13. General Ho Ying-ching and his party arrived at Paoting shortly after midnight last night by special train. General Ho consulted with Generals Shang Chen and Wan Fu- lin on board the train, for about half War Minister an hour before

One report states that General Shang Chen has declined to take the new appointment of Chairman of Honan Province, and had asked Gen- cral Ho to request the Central Gov- ernment to withdraw the appoint- ment.

According to a telegram from Chengehew it is stated that General when he arrived but gave a written Ho refused grant any interview statement in which he etatea that the Tiew Administrative Council for Charhar and Hopel is to be establish- Mr. Eugene Thomas, the President | ed within a few days time--Wah. of the National Foreign Trade Couns cil, has pointed out that the Council recently urged for the repeal of the silver purchase Act and the ghan- donment of monetary experiments."

Air-Fet-Poz

BR3

thnt

Minister Declines Post

Peiping, Dec. 13. A Paolingfu message He cited the report made by the General Ho Ying-ching stayed half an Forbes Economic Misalon to Chinn, hour at Paolingfu Inst night. Gen- which said that the Silver Purchase orals Shang Chen and Wan F-lin Act had not niet

the anticipations met im ort board the train. generally felt. It has distressed China and prejudiced trade relations. General Ilo's secretary informed Chi- While the conference was going on

eral expert said that the present nese presamen that Ho Ying-ching de

showed that the future of clined and would not accept the post silver was dependent on the action of Director of the Peiping office of taken by the United States.

the Executive Yuan-Reuter.

The

Also Intensified the doubts in rome quarters that the Treasury was holding the bear's tail and must lose regardless of the course purau- ed.--Uüited Press.

FATE OF THE A.A.A.

Thomas Disappolated

SUPREME COURTS DECISION Washington, Dec. 12.

ANXIOUSLY AWAITED The Secretary of the Treasury's figures regarding thy Treasury's

Washington, Dec. 13. silver purchases have indicated that

"If Congress wanted a substitute the purchases have been greater

we could move amazingly fant," said than generally believed.

Mr. Wallace, Secretary of State for They caused Senator Thomas of Agriculture, yesterday, referring to Oklahoma to comment: "If Mr. the United States Supreme Court's Morgenthau would only inform the

forthcoming verdict on the validity publie of such purchases

of silver

of the Agriculture Adjustments Act. there would be no such confusion."

Senator Thomas also indicated his speech

that the Farm Ad-

their, approval of the Treasury's making ministration Department would not

purchases throughout the

a substitute until Congress, re- world instead of largely in London.quested it.

However, he expressed his dis-

The co

court's decision is awaited appointment at the continued decline with the greatest interest in London and New York and re- xiety, and the present nervousness iterated that unles5 the Treasury of the American Commodity markets speedily increases the silver price is in no wiso alleviated by unofficial the silver they have acquired will predictions from Washington_that not be beneficial monetarily.

the final ruling will be adverso.-- Reuters Special Service.

the

The Treasury's figures are first official disclosure of the position since the end of May, since which time the total silver holdings have increased by about 80 per cont; while newly mined holdings have risen 122 per cent.-United Press,

Avoiding Crisła

Washington, Dec. 12. Senator Pat McCarran to-day said. that the removal of the 50 par cent. silver pronts tax, permitting - an open market, would have avoided the present crisis-United Press. Shanghal, Dec. 18.

Traders' Vlow Anxiety has been caused. In focal shipping circles, concerning the ..

London, Dec. 12. Wai Ping, a Chinese, steamor, which " London silver futures are not be left Halchow (Northern Klangsu) oniing quoted pending clarification of the Oth, inst. for Chefoo, no nows the spot altuation. having been received since she left. Traders have said that it in less A strong gale is blowing along the important to know that the United Northern const of this Province and States in buying abroad elsewhere the Wai

R.S, Ping may have sheltered than to have the assurance that the In a small harbour.

terms of the Silver Purchase Act are The spokesman of the shipping being enrried out. company concerned said that the answered question was whether the They said that the remaining un- company is still enquiring from ship: United States ping on the coast between Choloo and seals purchases. United Prosy.

would resume large Halchowah Kiu Yat Pa.

This cant sentence in his

and an

SENATOR CONVICTED

CONSPIRACY TO SELL, WEST POINT APPOINTMENT

Washington, Dec. 13. The District Supreme Court to-day convicted Benator Hoeppel and his on Charles on charges of conspiring to sell a West Point appointment for $1,000 to James Ives, of Baltimore, a former Olympic athlete.

The conviction followed a stormy final ossion at which the Prosecutor, Mr. David Pine, called the Congress- man a "monumental tiar" and a "first water perjurer."-United| Press.

It is notified that His Excellency the Omeer Administering the Government, unior instructions. recolved from the has been pleased to make the follow. Secretary of Blate for the Colonion, ing appointment: Miss Sarah Hannah Andrews to be a Nursing Sistor..

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HAUPTMANN CASE

ing his life because of his interven- tion In the Hauptmann camo,

Bloanwhile, the State department GOVERNOR HOFFMAN'S LIFE has been formally advised of the

THREATENED

Supreme Court's rejection of the Hauptmann, appeal and it is anti- elpated that the convicted slayer of It is learned that Governor off-the Lindbergh baby will be re-sentenc man has received a postcard threaten od on Monday-United Press

Trenton, NJ., Dec. 12.

FRANKLIN, at 1 and B, Wyndham Street in the City of Victoria, Printed and Published for the Proprietors by FREDERICK PEACY

Hongkong.

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