NO TROUBLE
WITH
A
MOUTRIE
The China Mail.
PIANO
Osteber 10, 1998, Temperaturo 70, Barometer 29 98 Rainfall 0,00 inet. Humidity
Octobar 10-
Temperature 69
To-d
No: 19009.
三神曲五 第十月十年三十三百九千一英
HONGKONG; W¿DELSJAY, OCTOBER – 10, - 1928.
SOLVING RUHR PROBLEM
CHINA'S NEW PRESIDENT.
GERMAN INDUSTRIALISTS' SCHEME.
FRANKLY INIQUITOUS. PROCEEDING“
NO TROUBLE!
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يد
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(Reuter's Sarbice to the China Mail.)
BERLIN, October 9.
A group of Rahg industrialists, headed by Herr Stinnes, who interviewed General Degoutte sub- mitted to the Government of the Reich the follow ing demands: compensation for coal confiscated since the Ruhr occupation and the forcibly levied coal tax, abolition of the coal tax on the Ruhr, that they guarantee all future deliveries, reparation coal
DAILY TELEGRAPH'S. WARNING.
(Reuter's Service to the China Mall.)
LONDON, October 10. Į
The
The Daily Tricgraph'in an editorin) says that the lectioner Tsao Kun suggests that China is toolided a stand upon her ancient ways whether for good or evitand the power which have covenanted rights In China will do well to scan closely the course of to be placed in their hands, preferential to rent event in the immediate future.. Tsao Kun has been for the Ruhr in the supply of raw mate) (nis and, thrust into this position by those who have Hitle foodstuffs, authority for the Industriali Compathy with European development in China. mission to continue to negotiate with the occupation It remains for us to watch the results of this frankly authorities and the extension of the working day to iniquitous, proceeding for there will be little in. 81⁄2 hours underground and ten hours above ground. international politics in the coming year that will They also ask what is the Government's attitude rival in importance the action which those behind. towards the creation of a railway company in the Tsao Kun will persuade him to adopt. 'occupied territory wherein the Rhineland-France. industry would participate. Herr Stinnes asked for a reply by noon to-day. The Cabinet is dis cussing the demande.
BELGIUM'S ATTITUDE,
BRUSSELS, October 9.
The German charge d'affaires told the Foreign Minister, M. Jaspar, this morning that the German Goverguient wished to collaborate in the resumption of work in the Ruhr and go-resume deliveries of res parations coal. M. Jaspar promised to communicate with the French Government but said that anyhow the German Government must promise the indus trialists who were ready to supply coal that it would pay therefor and the German railwaymen must be ordered to return to work.
OVERSEAS SETTLEMENT INQUIRY.
LONDON, October 9.
The economic conference decided to establish a committee to enquire into the whole question of overseas settlement and thrash out a profitabile scheme. Sir P. Lloyd-Gronme, in the afternoon opened a debate on preference which he said was the underlying principle of the Government whose destre was that the conference should work out practicable steps to improve production and trade prospects in all parts of the Empire. He unfolded specific proposals the British Government desired astemake colaging to dried faults sugar qilibbacco.
Mr. Ormsby Gore expressed gratitude for the proposals which would mean newliope for Mauritius and the West Indies. He said regarding tobacco that Nyasaland and Rhodesia would probably follow the line taken by South Africa for reciprocity be tween Crown Colonies and Dominions. This mat ter would be most heneficial. Mr. Innes on behalf of India stated that preference would never be accepted by India. He could not commit the Government of India to a policy of preference. The
debate will be continued at further sittings.
RETURN TO WORK,
PARIS, Octobers 10. The German Chargé d'Affaires, has been in- structed to inform M. Poincaré, that the Genitan government desires to discuss the question of the return to work in the Ruhr, and the resumption of reparation deliveries in kind. A semi official French statement in the matter, intimates that it is impro- bable that the Franco-Belgian governments will agree to negotiate with other than the Ruhr autköri- ties and employers and workers, but when work is. fully resumed it will be permissible for Dr Stresemann to request to be heard on the Repara- tions Commission regarding a settlement of future reparations.
JAPAN AFTERMATH.
TRADE BOOM.
EMPIRE PREFERENCE
FRUITS TO BE FREE,
LONDON, October 9. Router learns that there is much gratification in dorpions circles at Sir Phillip Lloyd Graeme's arouncement to the economic conference that the Imperist Government is prepared to allow all dried fruits, currants and cashed fruits in free while malhanting duties of June 10, two shillings and five slings.respectively on foreign products. The acceptance by the Imperial Government of the be admitted duty free is regarded as of first-class prin plc that these Empire grown products should significance.
HARRISONS CROSFIELD.
PROFIT FOR THE YEAR
LONDON, October 9.
The report of Harrisons Crosfield for the twelve months ended June 30 shows a net profit of £192,000 to which is added £45,000 brought forward from the previous year, making a total of £237,000 After deducting £137,000 for dividends of 6 per cent on culative preference shares and ten per cent of referred ordinary shares the balance at credit of profit and loss account is £rooboo. After payment a dividend of tea per cent on deferred ordinary and management shares £65,000 will be carried forward.,
INTERNATIONAL COMMISSION.
GERMANY'S ABILITY TO PAY.
WASHINGTON, October 10, President Coolidge to-day said he saw little or nothing gainable in an endeavour to hold a world economic conference. The American Government would rest on its proposal to the European nations that an international commission should be formed to ascertain Germany's ability to pay reparations and no further reps on the matter would be taken.
MOTOR-GLIDER CONTEST.
LONG FLIGHT AT LYMPNE.
LONDON, October. 9.
A gusty twenty-five mlle an hour wind-did not interfere with the motor-glider tests at Lympne. Yesterday's results surprised even experts, one Dllot exceeding eighty miles on a gallon of petrol and another climbing 6,600 feet. A pilot to-day Covered 112 miles in 45 minutes, the longest nonstop fight hitherto.
ROYAL COMMISSION.
PREMIER'S AUSTRALIAN
SUGGESTION'
LONDON, October 9.
• Mr. 5. M. Bruce' Premier of Australia, in a speech at the Economic Conference, suggested the appoint- ment of a Royal Commission to consider questions and schemes connected with obtaining a market for British and Empire agricultural products and to make recommendations to the present Conference.
USA. NAVY ADDITION.
PHILADELPHIA, October 10.
this afteracgn. The vessel is the fourth of a series of ten planned on the lines of destroyers but seven 12.6 rapid-frers, and equipped to carry a launch times larger with a speed 35 knots, a battery of and aeroplanes and to lay mines,
LONDON, October 9. Sir Edward Crowe addressing the federation of British industries on the subject of Japanese:ccon struction, said the loss was not irreparable since The scout cralser" Marblehead" was launched Japan's ore dit stood as high as ever and that Was no reason why a good share of the orders for steel- workand galvanised sheets should not come to Britain but keen competition from America was possible, Motor forries also provided a good trade openfig and he advocated a scheme whereby the Fedata-i 'tion's agents should tour Japan. He remarked that the needs of Japan would be large. His Majesty's Government had commended to the Japanese authorities the possibilities of the Trade Facilites Act and Exports Credit Scheme and he hopeds would he made of the financial facilities to afforded. Mr. Jenkins outlined the Federalis Proposals mentioned on September 19 regarding
· constructional business, 9:
IMPERIAL CONFERENCE.
LEAGUE OF NATIONS DISCUSSION:
LONDON, October 2
At the resumption of the Impérial-Confermaca,
on October 13, attention will be given to the poin
of the Leugde of Nations in the affairs of Europe. The debate will be initiated by Lord Robert CIAL
INTERNATIONAL TENNIS.
ENGLAND BEAT INDIA.
LONDON, October 9.
Cup lines England (L. Godfree, D. Greig and C. Kingsley) beat India (C, Ramaswami, S. Hadi and S. Jacop) by three events to nil.
At Felixstowe in a lawn tennis match on Davis
LEAGUE UNION.
NEW PRESIDENT.
HAGUE, Öctober 10. The Union of the League of Nations Societies
elected ex-minister Traih as president" In succession to-Here Adlasward who was appointed. hagorary president.
has
AGAINST.
PORTLAND, October 10. ;-
It is anticipujed in dominions circles that Lord The American Federation of Labour has upheld, Robert Cecil's speech, Earl Carzon'a reply and "c5- on a roll call, the resolutions of the committee which terday's utteranuds will lead to a second vizojous chad reported against the formation of a separate debate.
Ipolitical labour party,
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