1936-09-28 — Page 1

PROGRESS MEDALON STRUCK IN 1934

COMMEMORATING

25th Anniversary of

CHEVROLET

L.

Phanae

Mansyur

Dollar T.T. 18.1243/lat/ VolgraphTM TT on New York 10hsini; Post, Lidi for the Up Time -

HGSVAG:adies.

* "Tow" Wnter:—— BAJN

Hongkong.

The

FIRST EDITION

Hongkong Telegraph.

No. 15018

FOUNDED TABE -拜殿 號八費片九英港香

MONDAY,

SEPTEMBER

28,

1936. BENDA

HINGLE COPY 30 CENTY 120,00 PER ANNUM

RAGING

BATTLE

AROUND TOLEDO

Fate of Alcazar Rebels Still Undetermined

REDS EXECUTING HOSTAGES

AS BOMBS RAIN ON BILBAO

London, Sept. 27.

Fiorce fighting is still proceeding around Toledo, but the actual position is obscure. The Rebel forces claim to have relieved the Alcazar garrison, but precise information is lacking.

It is learned from 'Rabat, through an insurgent wireless broad- cast, that six Govern ment acroplanes have been shot down in the Two were destroyed on the Avilla front and the last few hours. other four in the Trubia sector of the Asturias front.

At St. Jean de Luz, refugees from Bilbao state the Government has shot at least 80 hortages and threatens to excente the remainder

of captives in its hands if the bombings contir uc.

It is reported that 150 houses have bern destroyed, with over 100 victims, in yesterday's bombing raids.

A Gibraltar message reports that the Spanish Government feet from Malaga has reached Bilbao, where insurgent vessels have been blockading the port, but there is no mention of sea fighting.

According to despatches from Lisbon, the level of the Tagus has risen nine feet, following the opening of the reservoirs by the Government troops near Toledo, reports from Abrantes states the plantations and low-lying fields of a wide area are threatened by

and

the floods.

-At-Geneve the -Hjusik-h Forerun Minister has handled the Legate of memorundum Nations' recrelariat a detailing lieget breaches of the : arms emburgo in favour of the in- surgents. The inemorandum states that not only arms and munitions,! istit even acroplanes and imiks have!

to the rebels through been sent Portugal-Revter.

BROOKLYN DEFEATS GIANTS

SENATORS SCORLESS WITH 14 HITS

HARD-HITTING ENCOUNTERS

New York, Supt. 27. Although the New York Giants an New York Yankees have won the

American National and

League pennants respectively, the late-seu- son schedule is being run to a con clusion with enthusiastic crowds still packing the stadiums. New York Glants were whipped by Brooklyn eight to three and Washington Sena- tors had the surprising experience of hitting fourteen times against the Yankeen without scoring a Yanks scored five.

Fun..

In the National League Boston and Philadelphia shared honours in a double-header, the Draves, winning the opener.seven to three and drop- ping the nightcap three to four. Thompson hit a homer in the first game for the Braves and in the second engagement Passeau and Aronvich circled the bags for the Philles.

Cincinnati beat. Pittsburgh six to Ave and Chiengo took the St. Louls Cardinals' ensure, six to three.

In the American League Cleveland beat Detroit, nine to one, and Boston and Philadelphia: split a double- hender. The Athletics took

tho opener eight to, four. Foxx hitting a homer for the Red Sox and the Sox won the late game five to four, Foxx ogoin cracking a home run. John-) son-hit-a cirvuil. for. the. Athletics.- Reuter

TELLS OF BANDIT ATTACK.

MRS. PEACOCK'S OWN STORY OF ORDEAL

SAW HUSBAND SHOT DOWN

"A spectacle case, which he had placed in his breast pocket five minutes before we met the bandits, saved my husband's ife."

GOLD PRICE

MAY RISE EXPERTS EXPECT REACTION

Johannesburg. Sept. 27.

Experts here have estimate that the price of gold will rise above 140 shilings per ounce.

They have drawn attention to the

fact that on the basis of to-clay's rice would be approximately 1435.

London-New York cross rate the

d. per omnee-United Press.

Reshuffle Of Diplomats

M. KAMMERER QUITS FRENCH SERVICE

Paris, Sept. 27. Diplomatic Corps changes, oflicity announced to-day, include the trans- fer of M. Charles Arsene Henry. Minister at Copenhagen, to Tokyo, where he becomes Ambassador, re- placing the veteran M. M. Kammerer, who is retiring.

M. Coulondre, Assistant Director of Commerce at the Foreign Onice, be-

comes Ambassador to Moscow, no-

Mrs. A. Y. Peacock, still suffering placing M. Charles Alphand, who from the shock ocensioned by the

Ambassador at Berne, hold-up of her husband and herself, becomes

(Continued, on l'age 12.)

Better.

Above is seen Mr. A. V. Peacock, who was held up by armed gangsters near Customy Pass pesterday, by whom he was lightin wounded. One bullet, aimed at his heart, was hicktly deflected by a spectacte case. In the photo with Mr. Peacock is his son, Eric, who, with another son and Mrs. Peacock, was in the party when

they were held-up.

The World's

Master Tyre

WHEN REBEL PLANES BOMBED MALAGA S'hai Quiet:

Oil bruka and petrol dump blazed furiously in Malaga when rebel aircraft bombed the city recently, ard euurmanały valvable stocks were drafvojed, as well as large just allalim and a considerable nection of the industrial uren of the city.

U.S. GOLD MAY FLOW AGAIN

To Balance World's

Trade Ledgers

SWITZERLAND JOINS IN DEVALUATION PARADE

Washington, Sept. 27.

The possibility of the United States revising the present stringent restrictions on the export of gold, in order to permit the metal to flow more freely between nations participating in the newly-achieved monetary agreement, is being discussed in Government financial quarters: It is felt that some outflow of America's huge gold holdings might be expected as a result of such an agreement.

Gold exports regulations at present provide for gold shipments only to countries'still on a full gold standard, as were France, Holland and Switzerland, although several exceptions were made to this rule. But if the restoration of a, lasting monetary equilibrium between the various economic systems is achieved, it is believed it will be necessary to permit an orderly movement of gold between the countries participating in the stabilisation agreement, in order to facilitate the adjustment of international trade balances.

Mr. Henry Morgenthau, the Secretary of the Treasury, to-day conferred with President F. D. Roosevelt, presumably concerning the formation of the Treasury's policy respecting gold exports-Reuter.

Swiss Devaluation

Berne, Sept. 27. The Federal Counel! has requested the National Bank of Switzerland to Ax the gold value of the franc at be- tween 100 and 215 milligrams per Ane ounce. corresponding to

to a de- valuation of about 30 per

U.S. TO DEFEND AGREEMENT

that the United States will use its two billion dollar Stabilisation Fum to defend the integrity of the new inonetary agreement.

Japanese Relax Military Hold

SUSPECTS HELD BY COURT

HIGH OFFICIALS CONFER

Shanghai, Sept. 26. Hongkew remalied quiet yesterday and, throughout the district and the northern rça generally, Japanese sentries and patrols cither were withdrawn or substantially reduced. Three Chinese suspects appeared in the First Special District Court and were detained for further question- ing. The search for the netuai mur- derers continues.

the

Special headquarters for the Japon- ese force have been established at the Momoyanu dance hall, in North Szechuan Road, with entries posted about the building

ing and machine-guna replacing the ray lights, At Japanese Embassy, total representa- tives of the Gaimucho, Army, and

and: Navy held a conference yesterday norning, and it war decided to send representative to Nanking to make a report 10. tpat.se Ambassador, Mr. S. Kawagoe.

THREE CHINESE HELD

Writs of detention were tested by Judge Sino, of the First Special Dis-. trict Court, for Mau Yung-min, aged 30. Mae Yong-ngi, aged 2a, memats, and Tang Young-ho, aged 21, n hawker, when they were brought be- fore the court by the S.M. Police, who had received the prisoners from The Japanese Naval Landing Party. The three were arrested shortly after the

shooting of First Class Scarnan Faminate and his two comrades In Haining Road, near Wessun: toad,

Wednesday evening.

on

The S. Al. Pollen oppled for their

detention for further inquiries. Mr. 7. T. Trang. Assistant Municipal Adwente, p pentie erdenen

rest, after which the three suspects were questioned. They denied hav- ing been concerned in the murderous are fack. The two Maus,, who nother's

wn Road printing shop and, on Wednesday evening. They won le way to their home off East Kashing Rund when they were ar- rested in Ha'ning d cuspect mated

that immediately affor the shooling, he went to find out what was the matter and was arrest- vd. The three suspects will popeor again in Court on October 3.

STERN-MEASURES --

A front-page advertisement op- peared yesterday in ali local Chinese newspapers, in which Gen. Wu Te- Mr Henry Morgenthau, U. Schen, the Mayor of Greater Shang- Secretary of Treasury, who states hat, re-lerated the Central Covera- mandate against anti-foreign and acts and threatened to take slern uction inst those lenoring the order. In u special order, the

Com- Public Safety missioner was instructed to continue the precautions for the protection of the many Japanese residents within the Shanghai Municipality..

DROP IN STERLING FEARED

RUSSIA SOLD TO

PREVENT LOSS .

COMPROMISE. AGREEMENT

It was reported that a contigent of about 200 Japanese marinca was ex- preted to arrive from Jupan last night.

Activities to be undertaken by Japanese residents during the present emergency were decided at a meeting of officials of the Federation of Amalgamated Japanese Street Unions, yesterday. The programme includes the establishment of special watches by 51 street unions to assial the naval, consular, Municipal Police, and Bureau of Pubile Safety authori- Yes in the maintenance of peace and order, and the creation of special in- formation, commissary, and, falson committees. Extreme elements asked for the immediate convocation of a mosa meeting. bul this 'was voted down.

Arab Leader Murdered

Paris, Sept. 27, A possible explanation of the adopt the British system of a man- Soviet Government's action in throw- nged currency, divorced from golding £1,000,000 on the New York with possible depreciation ranging market yesterday, was made to-day. It is reported in a usually well-in- from 15 to 20 per cent..

The establishment of an Equalisa- formed quarter that a battle has been between the British and tion Fund of 150,000,000 guilders for going on the purpose of smoothing out ex-American Treasuries over the future change fluctuations not justified by relative value of the

pound and normal trude currents is said to be dollar. The British favoured on in- crease in the present value of the The Federal Public Economy De-envisaged-Reuter.

Haifa, Sept. 27. dollar to about $4,70 to the pound; partment has issued a decree forbid-

Haj Khali Taha, prominent mem- ding, from September 20, the raising

the Americans, on the other hand,

ber of the local Arab National Com- maintained that the rate should nas

mittee, was shot dead by 'n unknown be lower than $4.95. It la believed allant outside a Moslem premises

this morning.—Reuter.

of wholesale or retall prices on mer-

L

Berlin Unmoved

Berlin, Sept. 27.

chandise, the rates in hotels, for gas Derlin is not moved by the ex-a compromise will be reached where and electricity and also of ordinary change agreement taik, and Herr by sterling will fluctuate between rents and rents of farms, without the Friedrich Reinhardt, Secretary of the $4.80 and $4.00.. authorisation of the Department.

dectured to} Ministry of Finance, The press and public have taken night that Germany was not thinking feared a reduction in the dollar valua Presumably the Soviet authorlikes the decision calmly-Reuter.

of going off the gold standard--Reu-

Policy Endorsed

Paris, Sept. 27.

The Government's devaluation

fer.

Italy. Watchful

Romo, Sept. 37:

of the pound was contemplated and decided to sell sterling while it slood around $0.-Reuter.

READY TO FIGHT

Washington, Sept. 27,

The United States of America has

currency

vinbilisation

STOP PRESS

Canton. Sept. 28. Marshal Chiang Kai-shek, flying

policy received a majority of eight No special meeting, of the Italian votes when submitted to a meeting Cabinet is likely to be called, accord- of the Fluanee Commission in the ing to official circles, as a result of emphatically notified the world that Chamber of Deputies to-day. the monetary experiments going on they are ready to go the limit iti The Socialists and Radical Socla- in Europe. The next meeting of the protecting the integrity of the new lists voted in favour, the Communists Cabinet is at present Oxed for Octo-trl-partite agreement. Abstained, and the

and ber 10. Centro

Nevertheless, financial experts are: The Secretary of the Treasury, Mr. voted against the Rightist groups

closely watching the currency situr Henry Morgenthau struck with deci- measures Reuter,

tion in Europe and concern is felt re-alve swiftness to prevent a Russian garding the effect of the devaluation raid against steriing. He said that mow and other high officials were at of the French franc on tourist traße. the United States had profited by the the landing field to see the Marshal on which Italy largely depends for transaction which was primarily depart-United Press.

Following Britain

The Hague, Sept. 27.

It la learned in reliable sources that

her supply, of foreign currency designed to convince other nations

the Dutch Government Intends to! Reuter-Special.

(Continued on Page 12.)

in his private plane, look off from Canton for a destination in the north, believed to be Kuling, at 9.21 a.m. to-day. He was escorted by three other machines and General Yu Han-