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CHINESE
NATIONS ASKED
TO AID CHINA
TO STABILITY
No Verdict Yet Against Japan. HOUSE OF LORDS VIEWS
London, To-day. Proposing that the Great Powers should step in and assist China in reorganisa- tion of her Government, Lord Lothian spoke yester- day in the House of Lords, when the discussion of the Far East, armament and 'war debt was proceeding,
The "Daily Telegraph," com- menting on yesterday's Man- churian debate in the House of Lords, emphasises that Lord
1
Est. 1845,
No. 28,278 HONG KONG, WEDNESDAY, NOVEMBER 30, 1932. PRICE $3.00 Per Month.
MASSED TO REPEL
BRITAIN PREPARES TO PAY AMERICA
HUGE GOLD SHIPMENT.
ALREADY MADE
A PRECAUTIONARY MEASURE
LONDON, TO-DAY.
ALTHOUGH THE CABINET SAT FOR TWO AND A QUAH- TER HOURS LAST NIGHT, IT HAD NOT COMPLETED ITS CON- SIDERATION OF THE DRAFT OF THE WAR DEBT REPLY TO
THE UNITED STATES.
THE "DAILY MAIL" UNDERSTANDS FULL AGREEMENT WAS REACHED TO PAY IN GOLD, IF THE UNITED STATES INSISTS ON PAYMENT..
THE “DAILY HERALD" DECLARES THE GOVERNMENT
HEAVY DISPUTE DENIED
BETWEEN JAPAN
AND BRITISH
But Japanese Insist On Voice In Road Control.
S'HAI CROWDS HOSTILE [From Our Own Correspondent.] Shanghai, To-day. Chinese newspaper reports of the Anglo-Japanese dispute re- advisory officer, contingent to the garding the appointment of an
settlement of the outside roads question along the lines of the, modus vivendi tentatively draft- ed by representatives of the Shanghai Municipal Council and Chinese Municipality, are empha tically denied, inasmuch as: dis-
cussions have not been confined
ATTACK IN MANCHURIA
One of a night or as aeropte anong on the deck or the aircraft carrier, Glorious, The Prince of Wales and Prince George flew in these machines during their recent visit to the Mediterranean Fleet.
FRENCH JUNK.
Hailsham und no other member HAS DECIDED TO SHIP £30,000,000 WORTH OF BAR GOLD TO solely to the British, and Japan- FOUNDERS OFF
of the Government, had given|
the slightest encouragement to THE UNITED STATES AS A FIRST INSTALMENT, AND THAT the view that a verdict had been IT IS LEAVING TO-DAY. INSURERS WERE INFORMED THE found against Japan by the Lyt-
ese authorities, but the wishes of other Consular officials also were consulted.
The Japanese frankly admit, however, their insistence upon an additional Japanese deputy offi
ton Report. All that can be said SUM MUST BE COVERED IN WHOLE FOR THE NEXT THR at present is that the British col-WEEKS. laboration with other powers is being steadily and loyally main- tained, and above all in good England will not affect the note circulation, but is probably a pre-side roads.
faith and friendship with the
United States."
Lord Cecil.
The paper adds that the shipment of gold from the Bank
cautionary measure,
оп
of ter, in view of the preponderance
of Japanese interests on the out
The Japanese Congul called the French Consul-General yester- Legislation will be passed increasing the fiduciary issue by an- day and requested prompt steps to other £15,000,000, it is reported.
curb the terroriatic activities of the British financial experts are,
Anti-Japanese organisations which There have obviously been commenting that the American many aspects of the debt situare showing signs of a revival.
A prominent Japanese chiroprac- economic policy is having the tion requiring the fullest and effect of "killing the hen that most careful consideration Al tear, while drising Invia automo- bile with his children was recently lays the golden egg
though it is expected the note
• 'Sir Walter Layton's "com-
Chronicle," is the one most
FORMOSA COAST| Five Europeans Saved By Japanese Ship.
HAD PLANNED WORLD TOUR
Shanghai, To-day.
A wireless message has been received here stating that the French junk "Fou Po," owned and skipped by Captain Erle de Bisschop, has been surk off the coast of Formosa,
Franco-Soviet
Peace Pact
Non-Aggression Treaty Signed In Paris.
Paris, To-day.
JAPANESE
VANGUARD
IN ACTION
Volunteers In Hill Entrenchments.
CAVALRY ON BOTH FLANKS
Harbin, To-day.
The vanguard of a power- ful Japanese army are alr mishing with the outposts of the Chinese volunteer `units to the west of Fullardi.
A big battle is possibly al- ready in progress. At least It is very imminent.
The Japanese objective" is stated to be Chalantun, while the Volunteers are reported to be Holding particularly strong påsl- tions in the path of the advance.
Volunteers have placed thou-
sands of riflemen in deep trenches
in the foothills and fortified their positions with forward gun-pits.
on both flanks of the main posl tion are strong bodlen of cavalry and against, these forces, out of the valley lands, the Japanese
Rew must climb to the attack,
Dificult Country
A Franco Russian Pact of non-ter. aggression was signed at the Quai d'Orsay by Premier Her
The Japanese must push through riot and Mr. Dovgalevsky, Soviet the most difficult country in orde Ambassador
to make contact with the main body?
Premier Herriot, after, sign of the Volunteers. Advancing ing, said he saluted the peoples from Fuliard), a tiny village in the of Soviet Russia with whom foothill country, they will be open France desired increasingly con- to heavy fire from the hilla Ch fident relations.
mandy lantun, their objective, is about 100 -
a menacing attitude until police of junk of about 50 tons, left Woo|--
will be confined to setting outered by a crowd, which assumed] The "Fou Po, a gaily.pain The treaty completed a system miles northwest as the crow fles, ment, in the London "News reasons for the proposal brief-the French concession intervened: sung on Monday, November 27, of non-aggression pacts which from Taitsikas on the Nonni River / ly made in the original British Where, the Japanese are content on a world tour, the main object ought to contribute to the con. Chalantun itself is on the Bivor communication that inter-Goy to leave control in other hands, as of which was to have been the solidation of peace, he added. Yal ernmental debts should be in the Foreign Settlement and charting of several islands in
generally accepted. He
points out that no nation enn go on collecting debts when
"she has closed her doors to
the trade and services of her creditors.
F
by Chinese authorities only.
· HEAVY DROP IN LOCAL DOLLAR.
months, Additional supplies were to have been taken on at Manila, as the trip was expect ed to last 18 months.
The junk was a masterpiece - of nautical compactness, being fitted Silver Rises As Poundstruments and equipment, ranging with everything in the way of in- Slump Continues.
U.S. EXPORTS SUFFER
Prices Rise in Relation
To Sterling.
"TIMES" FORECAST
even greater in dimensions than the last Japanese push Into the a terior.
Large Forces Involved.
It was recently reported th some 60,000 Volunteers stood: the way of the Japanese advance into the northwest,
The Japanese army is believed t be about 20,000 strong, but with; the advantage of a strong flying. force for preliminary work and with an excellent commissary,
Mr. Dovgalevsky replied that The fighting in the Teitsihar aren examined and the payment due French Concessien of Shanghai, the the South Seas. Captain de Biss the Soviet attached great politi has been extremely severe in the December 15 meanwhile suspend-police administration is of the best chop, who had planned to make cal and moral value to the pact, past and there have been heavy tengo it is necessary that these But on the outside roads, the Manila his first port of call, had which confirmed the Franco casualties on both sides. The fire- reasons should be stated in some Japanese place no faith in the eff on board enough water for five Russian pacific aspirations.sent operation, it appears, as he Other British comment abroad, detail and supported by facts of cient protection of their nationals months and provisions for two Reuter. voiced while the Cabinet is inconvertible accuracy. hurrying to complete its reply to According to the newspapers, Washington in the matter of the the examination of the situation war debt crisis, points out that being undertaken by the Minis- Lord Ponsonby, during the de- Great Britain's debts to America ters includes also the assessment bate, expressed himself, as satis are actually below those which of the effects of every method of fied that the Government must are owed to Britain by other na-payment, whether by gold, sterl be silent as to ite Far Eastern tions. Already Britain has paid ing or in dollars, and upon these policy at the moment, and Lord America £200,000,000 more than and a hundred other questions, Hailsham, speaking for the Gov-she has received from her own the mass of technical data has
been produced. ernment, recalled that Great Bri-creditors. tain's best efforts, were being ex-
(Continued on Page 12.) pended to bring about a settle Premier Ramsay MacDonald ment of the Orient affairs. The and his principal Ministers, were Government, he said was very in close contact most of yester. vitally interested in the peaceful day and last night practically all and satisfactory conclusion of the the members of the Cabinet met Sino-Japanese dispute.
for further consideration of the Questions of disarmament and war debt question. the Sino-Japanese dispute were It is not yet possible to state raised in the House of Lords when when the new note to Washington Lord Cecil asked the Govern- will be despatched, although final ment for a statement on the mat-examination of the draft is ex- ters. He quoted approvingly the pected to be completed within the Japanese Government's declara-next day or two. tion in support of the League of
Nations and said that If Japan
Ministers In Session.
intended to support the League, Britain Roused
it would make a great difference
U.S.
PRESIDENT PROPOSES WAR
DEBT ENQUIRY
Suggests Commission To Review Position.
G$12,000,000,000 OWED. NATION
Washington, Today, President Hooyer has declared definitely against an extension of
from a radio set to an auxillary en- gine. Captain de Bisschop had with him four companions, one The value of the Hong Kong French and three Russian, all of dollar declined yesterday, being whom ware picked up by a Japan- quoted at 1/4 this morning. ese steamer. Beyond the fact that Silver showed an upward trend, all of the hardy adventurers on ng 1/16. Spot silver was quoted are available at present-Router, both spot and forward prices ris-board are safe, no further details at 17% this morning and forward
| allver at 17-15/16.
The pound slumped further yes-
terday, the London on New York
cross rate being quoted
at
G$8.14% this morning as
|against 2 -G88.18% yesterday, and |the New York on London rate at | £ G$3.15% to-day, as compared | with -£--G#8.10 yesterday, and
G$3.21% on Monday.
BRITAIN'S TEXTILE TRADE EXPANDS:
Increase In Exports Of $132,228 In 10 Months.
London, To-day,
British exports of cotton, artif-
London, To-day. The case of American wheat yesterday, priced at 23/9d. per
quarter, is cited by the Times as an indication of the effect on United States produce of the exchange movements, mak
ing the dollar dear in relation
to sterling.
Argentine 24/-, Australian 25/6, and Canadian 26/- wheat, were all considerably cheaper than United States wheat, despite the fact that the United States is only 8,000 miles dis cial silk and mixed plece goods contant as compared with Argen- tinue to expand tina, 6,000 miles and Australia
For the first ten months of this
11,000 miles.w asked by European nations, but
year they totalled 88,284,178 square proposes a commission to review the problem of the nearly G$12,-
London, To-day. yards and were valued at 31,058, The Prime Minister was re- 762, an increase of 6,720,218 square 000,000,000 'owed this country in colved in audience by HM, the yards yalued at £182,228, over the the light of world economic and King at Buckingham Palaco Inst corresponding period of last year. disarmament problems.vening British Wireless Service. British Wireless Service. Su
Almost immediately strong op position to President Hoover's com-
By Persia the moratorium on debt payments
May Take Action If Oil Rights Lost.
to the seriousness of the present crisis. The question before the disputing parties was whether to accept the proposals contained in the Lytton Report: as a basis of settlement. He recalled that Japan had acquiesced to the ap pointment of terms of reference. to the Lytton. Commission and urged the British Government's It is understood that if the mission proposal was voiced and utmost support for the Commis- Persia Government persists in there seemed to be only a slight the one-sided denunciation of chance that it would be given seri- the Anglo-Persian Oil Concas pus consideration by Congress, Hopeful Position, Lord Cecil, described the dis- sion, the British Government President-elect. Loosevelt,
will give serious considération to.
dicated he was opposed to the con- armament position as more hope-]
sion.
London, To-day,
ful than for some time past. He the matter. The cancellation is mission suggestion, saying the deb approved, the principles whereon considered ultra vires.tor nations, could
the proposals of the British Gov. It is hoped, however, that dis- convenient, and ernment. were based and declar cussions with the company will with the
ed that any polley of territorial end amicably and that Persia will existing diplom arrangement or revision of the desist from its high-handed He and he was in Treaty of Versailles, na suggest policy Reuter.
ed by
Mr. Winston Churc
would be viisastrous." - Hë criti
It was announced
procedure at Gongys Joseph Albert Colton,
urged reverting
Continued on Page 7)
RANDAY.
Mr
PREMIER AT THE PALACE
London Traffic Co-Ordinated
Into Centralised Control
Londone Ford
The Times points out that the influence of exchange must also be shown in the prices of all other commodities in which | the United States · competes with the varibus, producing countries, British Wireless Service.
the board of all local transport, genties in the area except those of mainline rail-. Das and thirdly, the rovision of
for
d that the
ided and
ged was arranged.
the se
ANDREW'S DAY COMMEMORATED
To commemorate St. Andrew
r.“K÷E Graig, the chieft
Kong St.
Societ
day laid a wreath,
The Japanese forces use a light calibre mountain guo, packed on rugged ponies, for their work in the foothill country, for the most part
HUGE STEEL
OPERATIONS
IN ENGLAND
£3,250,000 Loan For Mining Compa.iy.
TO HOLD HOME MARKET
London, To-day,
A new life in opening for the British steel Industry, An - nouncement has been made stating that the Bankers Industrial De velopment Company is ready to finance the ironmasters; Mesure. Stewarts and Lloyds up to £3,250- 000 to mine the fron ore deposits in: Northamptonshire, which it is es timated sell! Vield 600,000,000 jobs, The scheme may cut out foreign [material entreiz: an
ris believe that even of the members on the stoel, which is mostly Cenotaph.
The following were also
dance
8 Robb Joint