1936-01-30 — Page 17

GOLD AND SILVER PROBLEMS

BRITISH EXPERTS'

OPINIONS

WHITE METAL, MART NORMAL

declared Sir

London, Jan. 20. It would be a grave mistake to regard gold us an outworn Instrument In monetary affairs," Reginald McKenna, the principal protagonist of a managed currency, at a meeting of the Midland Bank to- day. He foresaw, he said, a system whereunder gold could be managed in such a way as to maintain not only its value in terms of national cur- rencies, but also in relation to com- modities.

The use of gold for the settlement of international payments W&A п sound reason.for making its man- agement subject to international co operation.

SILVER CHAOS The chaotic conditions in the silver markets, with resullant aggravation of the existing dislocation of the world's currencies, was emphasised

In a

a report by Mr. Rupert Beckett at a meeting of the Westminster Bank to-day.

According to Mr. Beckett the American silver pulley had aroused serious misgivings, not alloyed by subsequent events. It had resulted in the abandonment of the silver standard and the resort to

a man- uged currency by China which was All equipped for a financial experiment requiring a high degree of internal stability.

MORE NORMAL CONDITIONS

More normal conditions prevailing in the London silver market, coupled with the fact that the enormous open position in now almost entirely quidated, lead to confident expecta.

tions that forward dealings wit be recommenced within the next few daya.

It is pointed out here that only the fear of a rush of forward selling bas discouraged brokers from Initiating such deglings Reuter.

Booker.

POLICE RAIDS IN PEIPING

654 PERSONS UNDER ARREST

GAMBLING AND DRUG DENS

Paiping, Jan. 30. Police last night raided three gambling and drug dens in different parts of the city and arrested 654 persona, Including several Koreans ing considerable quantities of opium and six Chinese women, bealdes sciz- and heroin.

The police were accompanied by Japanese Consular officers, to whom the Koreans were handed over. The proprietor of one of the diens was

Korean.

THE HONGKONG TELEGRAPH. THURSDAY, JANUARY 30, 1936,

PETERSEN

WHIPS HARVEY

RETAINS EMPIRE CHAMPIONSHIP

15-ROUNDS OF THRILLS

London, Jan. 29. Jack Petersen, the Welsh warrior, to-night stained his British Empire heavyweight title by defeating Len Harvey in a fifteen-round decision bout at Wembley.

with thrilling exchanges. Peterson It was a stirring fight and opened floored Harvey for a count of four with a stinging right hook to the jaw. Harvey was dazed when he rose and Petersen punished him severely to the face and body with short, joiting blows.

During recent weeks at least a dozen such places have been opened in Pelting, with little attempt made to cover thoir identity. The pro-fighters, Petersen moters are generally thought to be indicated that Koreans. The raids

the Japanese are anxious to it an

end to this trade and further raids are expected ----Reuter.

PRISON DEATH INQUIRY

CONVICT HELD IN SPECIAL CUSTODY

Joliet, Jan. 29.

A jury at Juliet Penlientiary to day brought in a verdict of homicide against the convict, James Day, the was charged in connection with the death from razor wounds of convict Richard Loeb.

Ago.

Loch was imprisoned for life with a companion, Leopold, for the murder of the little boy, Bobby Franks, more than ten years

Day declared that Loeb him with a razor, that he wrested the weapon from him and slashed at his attacker in self defence.

attacked

Day is held in special custody pend- ing the action of a Grand Jury Reuter,

PROGRESS AT NAVAL PARLEYS

BRITISH PLAN FOR LIMITATION

MONSELL'S SCHEMES

London, Jan. 20. Coneroto suggestions for limiting the size of warships were advanced by Viscount Monsel), First Lord of the Admiralty, during to-day's meeting of the First Committee.

Viscount Monseli proposed that battleships should have a maximum size of 35,000 tons, with 14-inch guns, and a possible further reduction of 2,000 or 3,000 tonk.

Other ugggallons put forward by the First Lord were:

ing of 10,000-ton cruisers;

RADIO

BROADCAST To-day

Songs by Jeannette Loff From the Studio

Z.E.K. PROGRAMME

From Z.B.W. on a wavelength of 355 metres (846 kllocycles):.

G-6 p.m. Hongkong Hotel Dance Orchestra..

6-6.30 pm. Children's Studio Con- cert.

6.30-7 p.m. Hongkong Hotel Dance Orchestra. 7-7.30

p.m. Light Opera and Musical

Comedy, Selection The Land of Smilca (Lehar); Vocal Gems The Thres Musketeers; Selection--The Merry Widow (Lehar); Vocal Gems-Bali at the Savoy (Abraham).

7.30-7.45 p.m. Albort Sandler Violin). Les Allen (Baritone).

1. Violin Solo-Always ("Puritan Lullaby"); 2. Songs: Musical Comedy Harvey covered up and lay on the

terrifle onslaught. to 22,000 tons;

Aircraft-carriers should be limited Requests; 3. Violin Solo-Grinzing ropes under the

(Benatzky); 4.' Songs: Josephine But he recovered splendidly.

Women"); Slumberland A crowd of 12,090 cheered

Temporary cessation of the build("Little tho

(Lambert), for his furious

Class cruisers be limited to attack and Harvey for his gallant 7,500 to 8,000 tons, with 0.1-inch guns. response under the punishment of the other's failing fists, his speed and science. Harvey took the offensive in the third round. He landed two hard rights to the jaw which hurt the Welshman.

Another stiff right to the jaw in the fourth set Petersen on his heels. Peterson was bewildered by Harvey's speed.

SHARP-SHOOTING

In the fifth round Harvey was still sharp-shooting for Petersen's jaw. He shook his man with two uppercuts to the chin. Ils brilliant footwork enabled him to outwit the champion at this stage.

weaken about the seventh round. However, the challenger began to Peterson attacked, then, continuously and landed terrific right to the chin

in the twelfth

He won deservedly, although lacked the ability to follow up his advantages.

Petersen received £1,300 and Harvey

7.45-8 p.m. From the Studio. An Interview with Director Tay who have larger destroyers than producer); Songs from "The King of To accommodate France and Italy, Garnett (well-known Hollywood pro- lous treaties prescribed, Viscount Jazz" by Jeannette Loff. Monsell suggested that "B" Class B cruisers and destroyers be put in a Closing Local Stock Quotations.

p.m. Time and Weather Report: Joint category.

8,05-11 p.m. Chinese Studio Concert. France and Italy accepted the scheme · 8.05-10

Delegates of the United States, 11 p.m. Close Down. as a basis for discussion, but France gramme From ZEK. on a Fre

Europeon and Italy urged analler battleships,quency of 640 kilocycles France suggesting 26,000 tons.

8.05-8.30 p.m. Marek Weber and Norman Davis, the United the if of battleships to 20 years,—- States delegate, suggested extending his Orchestra.

- Mr.

Reuter.

PRELIMINARY SURVEY

the Disarma-

p.m.

Pro-

Box of

From Offenbach's Sample

Memorica (Urbach): Viennese Lehar (arr. Henry Hall); From Meyerbeer's Treasure House (Ur. London, Jan. 29. 8.30-9 p.m. Variety Items. suspended in respect for the memory Selection: Broadway Melody of 1030

The Naval Conference, which was

Solos Please Teacher? of King George, resumed its work to

Piano day. Japanese observers were pre-tion....Patricia

Roseborough; sent at the meeting of the First Com Gondoller")....Dick Powell; Accor

of You ("Broadway Gaining in confidence every mo-mittee, which lasted an hour and a ment, he scored frequently in

Jeon Solo-Speak to me of Love.... latter stages.

the half.

George Scott-Wood; The meeting undertook a prelimin- Strings ("Top Hat"): Isn't this

Songs-No heary survey of the general question of Lovely Day Top lat")....Ginger qualitative limitation. The British Rogers; Vocal Dust-What a Little proposals were communicattative limitation Moonlight can do ("Road House). and Johnstone; Organ ment Conference

at Geneva in 1939 Sa Hits, of the Moment... and provided for considerable reduc- Sidney Torch. tions in maximum tonnage and calibre

9-9.15 p.m. Daventry News Bulletin, of guna in all categorien. However. 9.15.9.30 p.m. Four Songs by the preliminary conversations of

last

Charles year in preparation for the

Kullman (Tenor). Naval

1. Beautiful Garden of Conference revealed little, if support for the British suggestions, the Dark Lagoon (Leigh): 4. The

any

(Schmid); 2. Thora (Adams): 3. By and to-day, in his capacity as Chair World is mine tonight (Posford). man of the First Committee, the First

9.30-10 p.m. Dance Music, forward as a basis of discussion proposals embodying the lowest The Hongkong Society for the Pro-igures, which, in the light of the ex- tection of Children has received from changes, seemed likely to obtain com the Staff, Navy Army and Air Force mon acceptance of the four powers This Evening's Broadcast From Institutes, the sum of $12. "In represented in the Conference. memory of Hr, A. C. Maycock.”

£3,000 for this fight.

The fighters weighed in as follow: Petersen 13 st. 3 lbs. and Harvey 12 st. 9 lbs-Router.

DAY BY DAY NEWS IN BRIEF.

Two cases of Diphtheria were re- OPENED WITH EXPECTATION AND CLOSED ported to the local Health authorities Lord of the Admiralty, Lord Monsell.

THAT IS A GOOD BOOK WHICH 18|

WITH PROFIT.----Alcott,

SOUND MONEY

London, Jan. 29. The Chairman of the Midland Bank, Sir Reginald MeKerma, speaking at the annual meeting to-day, discussed monetary policy and observed that under the centralised system In Bri- tain, bank deposits had become the subject of deliberate and unified con- trol, and this fact had made, it

pos- sible to use them as an active in- strument of monetary policy. A Mesara Andersen, Meyer and Co. system had been evolved for regulat-inform us that the kitchens in the new ing approximately the supply of flats at the lower Peak Tram terminus money in accordance with trado re- arn fitted with G. E. Monitor Top quirements. With the development refrigerators, which they supplied. of the great consolidated banks, and with the steadily grensing authority and power of the Bank of England, the framo-work for a a comprehensive aratem of sound money had come into being. Ultimato control rested with the Government, acting upon prin- ciples publicly declared or defined by

Parliament,

on Tuesday,

**

Put

NEW PROPOSALS

Roses

10 p.m. Big Ben: Close Down.

ZEESEN PROGRAMMES

The German Short-Wavers

Bpecial PROSTOR for Far Deatern

A piano and song recital by A fine of $25 or a month's hard Madame Bonenfant and frau Muller These proposals, which were accept-flateners will be broadcast from ZewsD KE labour was imposed by Mr. W. will be given at the Helena-Mayed by the Committee as a basis for follows

D30-15.74 --16,160 ko 1,49-3 —— p-mes- Schofield, at the Central Magistincy Institute on Friday, February 14, at future discussions, are understood to this morning, on Yuen Shing, un 9.15 p.m.: prices $1.60, including tax provide for the following maximum employed, who admitted stealing a

limits: dried duck.

10

Sentence of six weeks was passed on a youth Li Woon-ting by Mr, E. I. Wynne-Jones

the Kowloon Magistracy this morning for stealing a Singer sewing machino belonging to his brother-in-law.

The R.E.O.C.A. dance which should have been held on Saturday, February 1 has now been postponed untit Saturday, February 8 commenting at the usual time-8-30 p.n-at the China Fleet Club Theatre. -

The fourth meeting of the Session 1936-30 of the Hongkong Branch of

Dealing with the future of monetary policy, the speaker said monetary management could do no more than remove obstacles in the way of indus- try and assist its expansion. It could help to extend the area of employ ment and bring production and con- sumption into better relationship, The progresя

As there was no confirmation of the English Association will be held of the last hundred years had developed a nation-wide Schofield, at the Central Magistracy p.m. at the Helena May Institute, the complainant's story, Mr. W. next Tuesday, February 4, at 5.30 machine centrally operated for re- gulating bank deposits. The imme- this morning, discharged Chang Muk, His Excellency Sir Andrew Caldecott, diate task was to use this machine in unemployed, charged with the larceny CM. C.D.E., has kindly promised to

No. 12 Village Road, ground floor. of two stew pans ami a teapot from preside, and Professor R. K. M.

son will speak of George Borris

such a way as to resist the steady upward trend in the standard of living which the immenso advance la pro- ductivity had happily brought within grasp British Wirolcas.

DEPLETED SILVER STOCKS

New York, Jan. 30.

$2.900. Letters of

inch gun, with a possibility of fixing Capital ships, 35,000 tons and 14- the tonnage two or three thousand lower.

Aircraft carriers, 22,000 tons and 0.1-inch guna.

No further construction of large

стивств.

Amalgamation-of smaller cruisers and destroyers into a single category with a limit of 7,500 to 8,000 tons, is aimed at meeting the difficulty due with 6.1-inch guns. This proposal

guna.

to construction already undertaken in the destroyer class by Powers which were not signatories of the London Naval Treaty.

Submarines, 2,000 tons with 6,1 The late Mrs. Vera Phillips, other- Under the auspices of the HK.U. Inch wise known as Dulcio McKie, late of A.P.C., a lecture on "Night Photo-

The

First Committee has decided to 01 Seymour Road, Hongkong, whography," illustrated by lantern slides, refer the question of qualitative limi- died at the above address on July 868 p.m. on Friday next at the Union tee, and has directed technical experts will be given by Dr. K. W. Khoo at tation to the Technical Sub-Commit- 1936, loft local estato valued at Asembly Room, Hongkong Univer to begin with an examination of The Wall Street Journal to-day with the will annexed, have been sity. The slides are beautiful night questions, such as definitions, which

administration, granted to Mr. G.G.N. Tinson, scenes of London and are kindly lent have a bearing on qualitative limita- Bollcitor, the lawful attorney,

by Messrs. Ilford and Co. All in- tion. Meantime, the Technical Sub- tercated are welcome.

Committee, which is reporting on ad-" It says that the United States The St. John Ambulance Now Ter

vance notification of naval program- The Tung Wah Hospital are hold-men, will meet to-morrow, when it purchases had so depleted the Bom-ritories Medical Benevolent Branching a graduation ceremony of nurses may complete its report, which in that, bay stocks that Indian buying may attended to 155,218 cases during the from the training schools of its three case will come before the First Cam- shortly become a potent factor in the past year. There were 1,588 mater- hospitals on Friday next at 2.30 p.m. mittee on Friday--British Wireless. London market in order to meet the nity cases, 24,880 cases were seen by Lady Southorn has kindly consented heaviest up-country demant for doctors,.and 10,522 visits were made to distribute the Certificates of Pro- Roveral years-United Press,

to homes. Altogether 228 children ficiency given by these hospitals to CINEMA SHOW FOR were trented; and several thousand those graduates who have passed the vaccinations were performed In- cer-examination of the Government

Nurses Board and Midwifery Board.

says that Bombay allver stocks an January 17 tolalled 12,000,000 ounces which is the smallest since October 1034.

STOLEN FERRY RIDE

COSTLY TRICK OF CHINESE

tain centreck.

A youth, Ku Hing, aged 18, ap. One free scholarship and Alve half- perred before Mr. Macfadyen at the fee scholarships, tonable for one year, Central Magistracy this morning on which have been denoted by Hotel a charge of keeping a common Cecil to the Polytechnie Commercial gaming house at No. 2, Possession School at 62 Caine Road, are open to Street, ground floor. He pleaded all who desire to pursue a commercial that it was only a small gambling Course at the

KIDDIES

FRIDAY MORNING

ATTRACTION

Children are looking forward to school. Candidates the special cinema show at the King'a party to celebrate the New Year. A must reach the class one standard of Theatre on Friday morning. The Telling the ticket-collector on the of $20 was imposed. Seven other a middle school and should be present Alms Shamshulpo Ferry yesterday that he men were charged with gambling on at the school on Wednesday, Febru- selected, and mothers can rest as have been most carefully had a monthly ticket, Tong Yuon the premises, but only one, Kungary 6, at 230 pm, when an examina-sured that their small folk will have heung, 28, was subsequently found Chi, aged 51, appeared. He was fined tion on English will be held.

the time of their lives. to have none. He said he had left it $2.66, whils the ball ($3 each) of the at home but when inquiries wore made absentees were, estreated. Tabis.

The show provides an opportunity it was discovered that he never pos-money amounting to $9.80 was order arased one,

ed to be placed in the Poor Box. This was the, story tolt to Mr. E. 1. Wynne-Jones at the Kowloon Magistracy th

PAAA, SUBSTITUTE

appeared before Mr. Macfadyen this the same tinte help poor families in Lui Wai-sum, aged 18, unemployed, to give the children a treat and at morning, charged with stealing 20 the New Territories. Thanks to the tins of shell fish and six tihs of fish generosity of the management of the Fleading gully before Mr. Mac. from No. 40, Wing. Lok Street, ground King's Theatro and of the film dis- man, was charged, when the fadyen at the Central Magistracy, this floor; the property of Tam Yeung, tributors, all the proceeds are to be Inspector Elis anid defendant was morning to the theft of 31 hoads of shopkeeper. Acting Sub-Inspector given to the St. John Ambulance found to have four cont when cauliflower at Jubileo Street, two, S. G. Smith stated that detective Association and Brigade. charged. He could have taken a third young unemployed men, Chan Fak, 0270 was on duty at Cleverly class ticket for, three cents but he aged 10, and Wong Kan, aged 25 Stroeta (4.10-* this: morning

hard fabour, Prosecuting, were each sentenced to three weeks and saw defendants carrying saj

Acting wooden box. He questioned duten- Sub-Inspector Smith stated; defendant, who admitted stealing the *Lina dants were observed by two Chinese: from complainant's shop. - The Ling detectives running away, with a wore kept locked in a showcaso, und

Washington, Jan. 20, basket of cauliflower, and chased by defendant had apparently used by 14 votes to two, davourably report

The Bonate Agriculture Committee, crowd. The defendants were duplicate key to open the cant. In od to-day on the Bankhead-Jones VICTIM DIES

eventually caught in Wing Wo Street. passing sentence, his Worship Task Manila, Jan. 2ft.. First defendant was found to

marked that there seemed to haveustment Administration, ruled und substitute for the Agriculture Ad- have Avictint of the submarine exploniano a band only a short while ago been a considerable amount of pre constitutimal by the Supreme Cour sion, Librado do Castro has died. He was ordered to surrender the bond paration by defendant to have a The new measure provider bounties her others are improving United of $30 or undergo two weeks! hard duplicate key. Three weeks hard for farmers. complying with the sil

labour.

metugi labour was imposed,

fertility programme --United – Praat.

was found in the first class compart Zment, ste

A fine of $25 or a month was “imposed:

A

מנם

DJD 11.74

15,300 ko

4.48-6.13 p.m. DJN $1.46 za

40 ke 4.45-1.15 pm.. 10.74 16,200 ke p.m.12.20 s.m.

SOUTH ASIA ZONE

(South Asia Zone, broadcast from DJB.. (19.74 metres) and DIN (81.48 metres),

DJB, 4.43 p.m. Ča}}

DJN (German. Engelsh), German Falk Bonz Pr

Forecast (Germ Enzl.) Filder Youth Programinal. In Memory of the 28th of January 1933.

I p.m.

Lip.. News in Karliah. 5.45 pm- The Reichswehr Band. 4.45 1.m. News in German,

7 p.my Convert of laght Music.

8 in Neww in Englah.

MACKINTOSH'S

WINTER

SALE

and To-morrow

ARTS &

CRAFTS

SLUMBEREST MATTRESSES.

LUMBEREST Mattresses are constructed with an Inter

SLUMBE

spring of 230 Springs and a thick imported American Cotton Linter Batting. The Mattress covered in a good quality Ticking. 'Size 3'6' X 6'3′′

$ 55.00

SHOWROOMS-&-FACTORY

330 SHAUKIWAN: ROAD. Telephone 24173.

CHEVROLET

QUALITY

8.16 p... Close DJE, DJN (Germ., Eog!),

H

E

It's the

EAST ASIA ZONE

V

R

East Asia Zone broadcast through DJQ on 19,63 metres (15,180 ko.) 1.30-3 p.m. Concert,. news at 7 p

p.m. Call DJA, DIN_(Germ. Engl.) German Folk Song. Programme Forecast (Cera, Engl.) 9.15 p.m. titler Youth Programmet In Memory at the 30th of Juteauty 2933. 9.45 pm. News in English on DJA and

In Datoh en DJN.

་ * 10 p.m. The Pugnacious Pencil." 10.15 pm. Manic by the Reicbawehr Band. 21.18 p.m. Now in German en DJA and

DIN. ∙11.30 p.m. To-day in Germany.

11.45 p.m. New German Light Husle. 13.16 m. News in English on DJA and.

in Dutch a 'DJN. 12,50 mm. Clone DJ, and BJN (German.

Engl.)

DAVENTRY PROGRAMMES-

To-day's Broadcasting From Six Transmissions.

The following wave-lengtha and frequencing

are observed by Daventry.

Call Blan

Proevenicy warslength

GBA :

GBB

$1,55 metre

GB0

QBD : 11,730 k..

CBE:

25.28 metres

GBY

11.140 k

GRA :

11,720, ka : 10,54

21,410, KA · 13.97 meten

CHI

GSJ

21,540 km (2) 1833

metana,

OSL

10. 43.10 ́metzo0

Transmission 5.

(0.8,33,- and 0.8,077) 10:

Dix Ben."Pavement Parade."! 130. Talks "Foreign Affairs.".... 7.45 LA Recital, by Jean - Pongwet

MAN (Violin), m

By Gromwich "Time", lignal BÁ E AM [6.15. 6. 7. · Les Harvey-v, Jach. Peteran,

1. Clean down.

Transmission 6

| (0.8.C. [and°° Gsiya

11. Big Ben. Variety "The' [First]

Instalment.”

Groomwich : Time Signal at 11,39: mis; 21:45 am.-The_News,

· 12/5/12 - Clown days,

Transmission 1

(0.8.P.) and Ga

تر

E

T

that counts

And there is no much to say-and to see-. about CHEVROLET quality that the best. thing we can tell you is:-

"INSPECT AND DRIVE THE NEW CHEVROLET YOURSELF,"

Far East Motors-26, Nathan Rd., Kowloon

Telephone 59101

SNAPSHOTS at Night

HERE'S all you need. to take snapshots at night camera with 6. lens or faster, two Photofood bulbs, and Kodak Super Sensitive, "Pan Film. To get pictures with slower leas cameras, sak for folder where you see Le KODAK sign..

KODAK SUPER SENSITIVE FILM

BLUE MOON

(Continued Con Page243)

Thère is no "Wante

A with" "BLUE MOON”.

THE PAINT, FARM ́A

TRON'S GRODITÁNIA.

Mr. & Mr":

MASSAGE

Mori