1936-01-13 — Page 13

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FINAL EDITION

Fit

DUNLOP

90

Hongkong Telegraph.

FOUNDED 1581

No. 14

一拜殿 號三十月正 英港香 MONDAY,

JANUARY

13, 1936.

日九十月二十

BINGLE COPY 14 CENTU

$36.00 PER ANNUM

U.S. URGED TO ABANDON SILVER BUYING

ABJECT FAILURE OF PROGRAMME

HANDY HARMON SEVERE CRITICS

TREASURE FAR SHORT

OF ITS GOAL

(SPECIAL TO “TELEGRAPH")

(By Telegraph.

Copyright Telegraphic Monnages Ordinancs,

Now York, Jan. 12.

1894. Received, Jan. 13, 2 pm)

A

Among the passengers aboard the P. and O. liner Chitral on her last trip East were many who had undertaken a Mediterranean cruise in order to escape the English winter. However, they ran into u severe enowstorm. Picture shows (left) passengers bulging in anaieballing on deck and (right) Mr. E. Bid, deck steward, with a snowmELT,

IAPANESE DEMANDS

ALL HANDS LOST ON

Messrs. Handy and Harmon, in their annual report, issued UNCHANGED FREIGHTER

to-day, brand the United States silver programme as "an abject failure." The prominent financial house recommends that the United States gradually withdraw from the silver market.

The report says that the once precious metal has descended to the level of a mere commodity due to the wide 1935 price fluctuations.

Handy and Harmon declare that the Silver Purchase Act's only accomplishment was to give a domestic subsidy at a heavy price, resulting in foreign financial dislocations and loss of goodwill, when the same result could have been achieved more cheaply.

The house recommends "an effort to create a world situn- tion in which silver would again be absorbed by various uses and through the customary channels. Revision or repeal of the Silver Purchase Act may be necessary to accomplish this result," says the report.

It adds that if the legislators per- mit no such acilon "et us hope they permit the Treasury to administer the Act as its terms direct, for the *blic interest, and not for those silver interests reeking a price of $1.29 per qunce,"

BUT EFFORT MADE TO SAVE PARLEY

NEW ORDERS FOR NAGANO

(Special to "Telegraph"}

SHIP BREAKS UP NEAR ASTORIA

34 BELIEVED DROWNED

(Special to "Telegraph")

ITALIAN PLANE CRASHES

THREE KILLED IN BIG BOMBER

PLUNGES ON HILLSIDE

and Д

Asmara, Jan. 12. Astori, Jan. 12. An Italian bombing, plane has The States Line steamer Iowa, a crashed on a hillside near Asmara, 5,724 freighter, has been driven ashore and its three occupants have berri on the treacherous shoals off bicak killed. Cape Disappointment in a 90 mile! They were Lleutenant Lanza, pilot,

Ostini, Baron gale and pounded to, pieces within a Sub-Lieut.

mechanic, Sergeant Barino. Lieuten- The entire crew of thirty-four has on! Lanza and Sub-Licut, Baron apparently been lost, despite heroic Ostini word flying the plane in which efforts of the Coast Guard Cutter Sergeant Birago, the first Air Force briuk-Onandaga which was unable to get casualty of the Ethiopian war, was near-enough to the doomed vessel to fatally wounded last November. Each rescue those aboard.

FEAR RACE overshadow all other national or in few hours.

FOR NAVAL

The report mys the Treasury par SUPREMCY

chases ran at top speol throughout 1935, but they had stood still as far as practical results were concerned, due to the fact that, the Treasury needed to buy 1,309,000,000 ounces to comply with the act at the time it

whereas enacted,

"nlocteon months later after buying 813,000,000 ounces, their holdings were still 1,075,-

short 000,000 of the goal on the basis

stocks." of the year-end gold

The report draws attention to the; fact that China and Hongkong were the only important adherents which had abandoned the silver standard, but ackled that demonetisation had occurred or was threatened through- out the world-United Press.

BALKAN ACCORD INDICATED

KING CAROL GOES TO BELGRADE

PARLEYS DOOMED TO FAILURE

UNITED STATES

APPREHENSIVE

(Special to "Tolograph”). *

Washington, Jan. 12.

•

: (ly Telegraph. Copyright. Telegraphie Meis gra Ordinance. 1811. Recrived. January 12. 1.1.m.)

Tokyo, Jan. 15. The Naval Conference continues to ternational questions here. The news- papers are still pessimistic, asserting, however, that Jugan has done every thing possible to prevent down, having sent her delegates new instructions in the hope of excaping the Inipusse. ---Asked whether it was believed the new instructions would result in the saving of the conference,, a Foreign Office spokesman said he could make; no prediction. But he still hoped that the conference could be saved.

"It now depends upon the attitude of the other powers," the spokesman asserted.

де

MOVE TOWARD CONCILIATION

ITALY IN MOOD TO COMPROMISE?

BRITAIN TO SUGGEST ARMISTICE

Paris, Jan. 12.

the

Newspaper correspondents write from Geneva that postponement of the meeting of the Fascist Grand Counell from January 18 to February 1 was decided upon in order to allow Baron Aloisi the opportunity of discussing with British and French representatives the possibility of further negotiations on the subject of the Italo-Ethiopian dispute.

One correspondent says that for the procedure of con- ciliation to become a reality it is only necessary for Italy to approve the extension of the mandato of the League's Com- mittee of Investigation s0 as to include not only the methods under which the war in Ethiopia is being conducted, but also the means by which a remedy might be found which would meet the crisis.

This correspondent adds that the British Government, when this subject is raised at Geneva, will suggest an Armistice of from six to eight weeks in order that a Committee of Investigation muy carry on its work expeditiously.-Reuter.

BOMBINGS EXPECTED

RED ARMY THREATENS KWEICHOW

of the fliers was awarded a silver KWANGSI TROOPS ON Four bodies have been washed medal for valour on that cocasión. ashore.near Seaview, Washington, and It is believed the machine in which debris from the lumixer-laden ship they crashed near Asmara was the liters the rocky Klipann Beach,-nett same one in which Sergeant Birage.

was killed-Router. the scene of the disaster.

Capt. E. L. Yates took the lowa out of the Columbia River late yester day. At 3.50 a.m. to-day he sent an S.O.S. signal.

CANADIAN CASUALTY

A Canadian freighter, the Rochelle, han lost her rudder ten miles off the

southern Oregon coast and in respone Cattor to her distress calls the Cahonki has attempted to reach har. But the cutter was three times driven back when attempting to leave Eureita Harbour.

A digest of the Japanese delegates instructions, as published, was curate, he admitted.

Replying as to whether Japan would participate in any joint declaration Oficials are most pessimistle over against a building race in the event

However, a Japanese steamer, the the apparent collapse of the Loudon of the conference failing, the spokes: Koryo Maru, is reported less than Naval Conference, which is now re-man said: "I cannot place myself an hour away from the Canadian ship garded as inevitable. It is, however, in the position of Admiral Nagano." The storm has done wido damage considered fortunate in the United This is taken to indicate that Admiral Stutes that Japan's attitude will ap- Nagano is authorised to decide to inland in Oregon, Washington and

Idaho.-United Preak.. pear to be the cause of the failure. -- what extent Japan will participate in

ANOTHER DISASTER

Portland, Ore., Jan. 12.

Officials decline to comment on the any mutual declaration,

ROOSEVELT ANXIOUS

AWAITING COURTS T.V.A. RULING

(Special to "Telegraph")

ROAD TO FRONT

RELIEF UNITS MOVE SLOWLY

(Special lo. "Tulegraph")

we yarados rayojakson redoslejay Riz)

p T Kaunas propose your 15, 130 p.m.)

· from

Are

Addis Ababa, Jan. 12. An Imperial proclamation issued to- day warna the population to expect air raids carly in the mornings between January 20 and January 2, when many thousands of people will be congregated in the cities, especially in the capital, to celebrate the Ethiopian epiphany.-Renter Special WAITING FOR WEATHER

London, Jan. 12. British military experts, following an inspection of the Italian northern front-in-Ethiopia, sald-Signor. Mus.. solini apparently intends to keep his African armies inactive during the rains, reviving the campaign when art nrore the climatic conditions favourable,

However, some exports believe it will be most difficult to maintain In- tact the military organisation and and morale of both the Italian

the long Ethiopian armies during

the rafus period of idleness which enforceUnited Press.

HOPES FOR PEACE

POPE OPTIMISTIC' DESPITE GLOOM

Vatican City, Jan. 12.

Canton, Jan, 13, Chinese authorities report that fighting between Reds and Govern ment troops is still proceeding in the vicinity of Chengyuan, following the attack by Communists who are mak- to penetrate Washington, Jan. 12. ing desperate efforts The future of President Roosevelt's Kwelchow's defences. It is under- ambitious power programme and also stood they are endeavouring to reach and join their "coinrades of Szechuen the ownership of $1,200,000,000 A.AA. procession taxes, may be de- there... termined by the Supreme Court on Meanwhile, it is understood that re-

Kwangsi Monday when, it is expected, the inforcements London situation, but privately they All circles are apparently pleased reiterate tho constant hope that some at the Conference action in postponing A gale sweeping the north Pacile justices will render their decisions in arriving at the threatened points very measure of stability may be continued its meeting antil Tuesday: Mean coast of America has caused havoc the Tennessee Valley and Bankhead slowly, owing to the inaccessible nature of the country, the mountain in naval affales. They contend that

Two ships are feared to have They will also rule on the constitu- ranges and lack of roads. Troops

An optimistic reference to the instability and uncertainty will breed while, the origin of the suggestion to shipping in the Columbia River Acts' constitutionality.

that Japan should send observers to mouth. most fertile suspicion, which will be

made. by His Holiness Pope Pius, ground for accelerating armaments any conference entered into by other foundered, having sent ou: wireless tionality of the disposition of $200,000 find it extremely difficult to move to

difficulties. races, espionage and "incidents" pro-powers if Japan herself leaves, is not me reporting themselves in of processing taxes levied on the rice the positions where the Red advance future and his hope for peace, was

is threatening, rowers of the south.

The New Deal is most anxious over Coast Guard ships report that 34

It is officially stated, however, that when speaking at the inauguration steadily of the Pontifical Academy of Sciences, vocative of war.

His Holiness said that while While naval oficials believe instruc-of the crew of 36 were drowned when the Tonnessco Valley litigation, which Kwangel divisions Nevertheless, it is indicated that in view of Japan's successful operations tions have been to Admiral Nagano the American freighter Town was is the last of the three agencies form marching west from Tuchow and threatening clouds were gathering o In Asia during the past five years, to assist the powers in reaching an driven on the rocks. She broke up A life-belt and other wreckage under the protection of the promont agreement, all assert that Japan's rapidly.

flect, the United States original contention for a common up- Japanese could not possibly accede to a rela-per limit has not changed. So far washed up ashore gives rise to the nobody in Japan has suggested what fear that the 1,400-ton schooner, Lum tively larger Japanese Navy.

of her crew is uncertain,Reuter. widely asked why Japan global tonnage Japan would const ler bermon, has foundered. The number It is being Bu Telegraph. Copyright. Telegraph to Nia-demands a larger Navy when she has an acceptable limit. United Press. 2011 Ordinance, 1894. Received, Jonyare already operated in such

Ala. The fact handed manner in Bucharest, Jan. 12.

that Japan proposes an actual reduc. Diplomatie, circles hero attribution in naval tonnages does not de political importance to the sudden un tract from the popular attention to heralded departure of King Carol of the fact that her demands will mean: Rumania for Belgrado, capital of

a relative inercase. Yugo-Slavia.

DIPTOMATS WATCHFUL

(Special to "Telegraph")

Blog Carolizia expeeled to return hore to-morrow Renter Speckt.→→→→

PRIVATE VISIT

the week-end visit of Belgrade, Jan. 12. Although King Cami and Crown Prince Michael

of Rumania to Yugo-Slavia's royal

$1

POPULAR SUSPICION

free-

PHILLIPS FOR LONDON

Washington, Jan. 12. It was announced to-day that the Under-Secretary of State, Mr. William Phillips, adoparting form, andorizon The impending freedom of the Philippines contributor to the popular January 16 in accordance with his suspicion regarding Japan's demanda, original plans and that his visit is not connected with the reported particularly in as much an Japane collapse of the London Naval con- economic relations with the Philip foronecnited Press. pines are already increasing.

High circles widely comment on the family le privato, is widely assumed fact that the London Conference has

Free Trip

Home For Filipinos

are

ing the New Deal's basis. The N.RA Tushang-Reater Special. and A.A.A. have been ruled illegal by

the Supreme Court.-United Press.

LOCAL DOLLAR UNCHANGED

MARKET TONE NOT ROBUST

REPRIEVE UNLIKELY

GOVERNOR KEEPS SILENT

the horizons they were confident that at some time a light would appear from the sky, and in accordance with the holy scriptures there would be an abundance of peace-Router.

AMERICANS LIKE SUKIYAKI

CHARCOAL ENQUIRIES The Hongkong dollar was un-

Now. York, 4p 12

IN JAPAN "changed hula. morning, the Bank's

official rate boing 1s. 3 d.

held a mysterious conference with two 1a.

Tokyo, Jan. 13. Inter-bank rates were about

unidentified men on a Now York

Akita Charcoal-burners In tho 3.11/10d. sellers and 16. d. buy-street corner, but refused to make any BTB. Not much business is passing comment, though it is believed the con. Prefecture say Americans are becom and the undertone of the market is veraation had to do with the Haupt- Ing sukiyaki addicts. (Special lo "Telegraph")

The Pacific Trading Company has not too robust.

maan case.

im-ordered samples of charcoal which Washington, Jan. * 12.

Reporters have gained the that the collaboration of Yugo-Slavin demonstrated that the United States that it has done its utmost to secure

Representative, Woleh has charged.

pression that the Governor does not can be used in sukiyaki stoves, indicat and Rumania in connection with the has made every offert persistently to an agreement,

that Filipino employment agencies, are the Repatriation Act one year, until intend to reprieve Hauptmann, con- ing an order of 760 lbs, in, the event Naval exports are of the opinion disenaraging Filipinos who raight December 1, 1937, to enable those who demned to die for the murder of the of it proving satiafactory.

Meanwhile, thousands of Japanese, Italo-Ethiopian crisis, and their parts continue stability in naval affairs, in- in the League of Nations' sanctions cluding security and equality. that the collapse will strengthen the like to take advantage of the. Re-wished, additional time to take ad- Lindbergh baby, unless he is given

It is contended that the last five Navy agitation for appropriations patriation Hill. plan, are being discussed.--Router

vantage of the Act, because the Third most startling Information.United favour gas burnerk. United Preas. Special

yours have demonstrated that Japan's with which to arm the Aleutian He said the agencies are circulating Deficiency Bill, which, carried appro- Press.. security equals that of the United Islands and increase Hawaiian and propaganda that those accepting the priations to, finance repatriation, was States, even though fleet strengths possibly Philippines fortifications: Government's offer of free trans killed last session.

Ho said Mr. Manual Quezon, the

New York, Jan. 12. vary according to geographical vul-and also Indirectly collabocato with portation would be compelled to repay

Paris, Jan. 12. the money. They would not be per-President of the Philippines Govern-

It in reported that one of the norability.

Three laws, dissolving the armed It fa

is reported that the British, plan mitted to re-enter the United States, mant, favoured the Bill and urged to strengthen tho fortifications of the agencies are also alleging. Mr. needy Filipinos to accept the offer. reasons for the decline in the dollar The opinion' expressed that the Hongkong foreshadows the likely Welch sald this talk had no founda He added that 26,000 Filipinos had yesterday was that China sold the sections of French political leagues, asked the San Francisco immigration United States $60,000,000 worth of and dealing with the carrying: of United States Government is relieved trend after the Conference breakdown, tion in truth. of responsibility for the London according to high-informed circle into the House extending the time of Act-United Press.

Mr. Welch introduced a resolution officers for information about the silver, and exchanged the dollars for Wonpoils generally; have boon officially

publishedReuter Special. sterlingUnited Press. collapse and that it can assure voters United Press.

****CLOUDY WEATHER

The anticyclone is stationary over China and has increased slightly in intensity, pressure remaining highest to the north of the Lower Yangtse Valley The depression is centred Wer Hokkaido Local-forecast N.E-winds, fresh; cloudy.

**NOT RESPONSIBLE

Britam.

DOLLAR'S DECLINE

NO ARMS IN POLITICS