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The
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Temperature 39 Barometer 39.20 Rainfall 0,09. In. Humidity 92
HONGKONG
No. 19,088. **
五廿月正年四十二百九千一英
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ESTABLIS TED 17
HONGKONG, FRIDAY, JANUARY 25, 1924 ·
BRITAIN'S LABOUR RULERS.
ADDITIONAL APPOINTMENTS.
FRANK HODGES AND THE NAVY.
UNION LEADER MINISTER OF TRANSPORT.
(Reuter's Service to the China Moit
LONDON, January 24 Mr. Frank Hodges has been appointed Civil Lord of the Admiralty and Mr. Harry Gosling
Minister of Transport
[The Civil Lord of the Admiralty is not a member of the Cabinet. He draws £4,500 a year. The Minister of Transport, who is also not a member of the Cabinet, draws no salary. In the Baldwin Cabinet the Marquiss of Linlithgow was Civil Lord of the Admiralty and the Rt. Hon Sir John Baird, Bt., Minister of Transport.]
THE DOLLAR. To-day'a closing rate 2/4 1/16 To-day's opening rite:^2/4 - 3/16 |
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BLACK OUTLOOK,
RAILWAY STRIKE" CONTINUES,
WORKERS OBDURATE.
4.
MANAGERS' MIDNIGHT LETTER.
(Router's Service to the China Mai)
LONDON, January 24. / The Executive of the Locomotivo Drivers' Union has decided to inform the railway managers
that the strike must continua.
The reply of the railway managers to Mr. Bromley in a letter sant at midnight emphasises that the managers are not prepared to discuss any revision of the decision of the National Wages Board, but If the Locomotive Drivers' Executive will indicate the existing differences they have. Mr. Frank Hodges, J. P.. has been General in mind, a meeting will be arranged if the differ
Secretary of the Miners' Federation of Great Britain since 1918. At the age of six he beganences are such as can usefully be discussed at work in a coal mine and worked as a collier present. until he was twenty-one. He began as Miners' Agent in 1912. Appointed a member of the Royal Commission on Coal Mines in 1919, he later joined the Committee of the Labour Party, became Secretary of the Miners' Inter- national Federation, a Fellow of the Royal Economic Society, and Governor of Birbeck College, London. His publications include, Nationalisation of Mines," and" Workers Control in Industry."
RECOGNISING RUSSIA.
LONDON, 'January 24.
$100,000, LOAN.
INQUIRY INTO OIL LEASES.
MR FALL'S POSITION.
WASHINGTON, January 24.
Mr. Harry Gosling, CH, J.P., has been Labour Mr. Doheny, a Californian of operator, testify
M.P. for Whitechapel since 1923. He ising before the Senate Committee which is investi- President of the Transport and General gating charges against former Secretary Fall-in Workers' Union and Leader of the Labour connection with the Teadome oil leases, stated that Party on the London County Council.
he lent Fall $100,000 on November 30, 1921. - The loan was made by witness personally. — The money did not belong to any oil company in which he was interested. The purpose of the loan was to enable Reuter learns that it can now be statedFall to enlarge his ranch holdings in New Mexico. definitely that should the Russian Government beThere was to discussion at the time of any contract accorded recognition by Britain the appointment of between the Government and the Doheny oil, Capt. James O'Grady as Ambassador to Moscow interest. The loan had no relation to any subse- will announced immediately,
quent transactions relative to oil leases. Mr. Doheny The opinion is expressed in Ministerial circles declared that he left Los Angeles on January 17 that diplomatic recognition of Russia is a foregone in order to give this. information, travelling via conclusion from the result of the general election New Orleans to apprize Fall of his intention. Mr. and the attitude of manufacturers generally.
Doheny regretted not giving the facts when pre- Captain James O'Grady, J.P., Labour MP.viously before the Committee but to have done so
would been for East Leeds Rim 1906,
voluntee something in no way has repre- sented South-East Leeds since 1918. He connected with the cute or with-the-pan-. is Secretary of the National Federation of American Petroleum Transport Company" Ho General Workers. From 1915 to 1918 he was declared he had known Fall Intimately for thirty Russian and years. His only thought was to help an old friend, with the British, French, American troops in various theatres of war. He had intended to require Fall to repay the loan. In the spring of 1917 he was sent by the Reuter's American Service.
Mr. Doheny's attorney suggested that President Government on a Special Mission to Russia; also to meet a representative of the Russian Coolidge should be asked to appoint a board of experts to examine all the facts regarding the con- and Soviet Govemment at Copenhagen negotiate the exchange of British prisoners of tracts with the pan-American Oil Company and if war and the repatriation of all British civilians the board reported that the contracts at time of at that time in Soviet Russia. He was Captainmaking were not wise, desirable or advantageous
on the General List and in 1918 he was allocat for the Government the Company would reconvey to the Government all interests under such ed for Special Recruiting Work in Ireland.
contracts Reuter's American Service.
GOOD LUCK YEAR
LEADING BANKER'S HOPES,
BRITAIN'S GREATNESS,
IMPERIAL DEFENCE.
ARMY, NAVY AND AIR FORCE.
COMMIT THE'S FINDINGS.
LONDON, January 24. Mr. Walter Leaf, presiding at the annual meeting of the Westminster Bank, voiced a definito
LONDON, January 24. feeling of confidence and hope that in the coming year Britain would resume her place as a leading The report of the sub-committee of the Imperial nation. The London market, he said, was the best Defence Committee dealing with co-ordination for the foreign borrower. Foreign and colonial among the Army, the Navy and the Air Force has loans issued last year amounted to £130,000,000, dismissed as impracticable the proposals for sub. These overseas loans formed the best foundationordinating the ministerial heads of the three Ser- for the expansion of the export trade.
vices to a Minister of Defence or of amalgamating The
fact that imports had risen from the three services. £1,003,000,000 to £1,098,000,000 while wo
were simultaneously lending freely abroad conclusively proved the satisfactory growth of invisible exports; but while the outlook was good any real advance was conditional on the absence of serious labour disputes, anxiety regarding which constituted the darkest spot on the horizon..
while
over
CLOUD OF WAR.
On the other hand the report, expresses the opinion that the existing system of co-ordination by the Imperial Defence Committee is not sufficient to secure full initiative responsibility and needs. strengthening.
BLOCKADE AVERTED.
Some months ago a mild political sensation was created by the news that Admiral Beatty and other distinguished Naval men had threatened to resign if the dispute over the control of the Air was in vain to talk of prosperty the shadow of veiled war hung Force was settled against the Navy. The com- mittee mentioned above was appointed as an Central Europe. The industrial
outcome.] collapse of. Germany was complete. The new currency of the Rentenmark as soon as it was thrown open to sale and purchase would follow its pro- decessor, the Reichsmark. One thing was certain
WASHINGTON, January 24. -payment of reparations by Germany was only
Upon receipt of advices by the State Depart- possible through the excess of German exports over Imports. We must be prepared to accept Germanment that the rebel leaders had definitely and poods on an unheard of scale mostly-in-dieet absolutely abandoned the blockade, the craiser "competition, with our own. It was impossible to "Richmond" has been ordered, to withdraw from contemplate, with equanimity an facrease in Tampico Germany's competitive world trade by 40 per cent,
It is understood that when salvage work on the
over her best year, 1913, which was requisite for wrecked Tacoma,, is completed the cruiser the payment of reparations.
“Omaha" and six American destroyers at Verz Mr Leaf concluded that the election had Crus will also be recalled. Reuter's American dissipated the fears of rash experiments like the Service, de, capital levy. Hence there was no occasion for Tampico, a town of 23,000 people, nine miles alarm by nervous amateur investors
from the Gulf of Mexico was, threatened with blockade by the Mexican rebels, Vera Cruz is a port on the Gulf of Mexico, It has a population of 29,000.1
[Chairman of the Westminster Bank, Mr. Leaf is one of the leading financial authorities in the country. He was one of the founders of the London Chamber of Commerce, of which he afterwards became Chairman. He was President of the Institute of Bankers from 1919 to 1921 }
COLLISION IN HARBOUR.
COMMUNIST CONSPIRACY?
PARIS, January 24
A message from Mayence states that in conse quence of Information by soldiers, the French SPORT SAID January 24 palice discovered a Communist conspiracy to The Dutch steamer Vondel from Batavia to distribute antimilitarist propaganda among French Amsterdan collided in port with the British steamer troops, van M "Padua" from the Tees to Yokohama, on route to It is stated that over seventy arrests have been her moorings
* The damage to the former was slight and she
la proceeding on her voyage. The damage to the latter was all above the top deck and the expects to walla Sanday
made, including plany Germans, qu
Mayence is a fortified town on the River Rhine with a population of 110,634)
(Other new cables will be found on page 4),
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