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FOREIGN BANKERS OPPOSING NATIONALISATION OF SILVER
The Chancellor of the Ex- chequer. Mr. Neville Chamber
Jain, above, vigorously replied to Mr. Lloyd George's criticisme “of the National Government in 1 broadcast address on Saturday,
ELECTION
ADDRESSES
EDNA ABBAMAS
OCCUPIED
WOMEN WELCOME ITALIAN INVADERS
HAUSSIEN IS EXPECTED TO FALL TO-DAY
→CHINA MAIL" SPECIAL
Addis Ababa, To-day.
The fifth anniversary of the Emperor's ac cession to the throne was celebrated with great pomp, beginning on Saturday night with a grand military parade, the majority of the 12,000 sol- diers taking part being armed with spears and lances. As they filed past the Emperor to the sound of military drums they shouted in chorus: "Give us rifles.”
The Emperor and Empress drove through the gaily beflagged streets early yesterday morning to attend divine service at St. George's Church, where they were crowned in 1930. The festi- CONTINUED ities culminated in a banquet in front of the palace, where the
Emperor gave the warriors a feast. For the first time the mili tary were wearing earth-coloured uniforms instead of the tradi
Chancellor Replies Totional white
Mr. Lloyd George
FIVE-YEAR PROGRAMME OF ROAD IMPROVEMENT
London, To-day. Mr. Neville Chamberlain, Chan cellor of the Exchequer, in a broadcast election address on be half of the National Government on Saturday night, replied in de- tail to the charges of Mr. Lloyd George in the previous speech of the series and "went on to nounce 2 Government. five-year programme of road improvement, to cost £100,000,000.
the huge
(Continued on Page 7)
an-
CANADA GIVES
BIG WELCOME TO
LORD TWEEDSMUIR
Rome: The 36th official war report was issued yesterday afternoon by the Ministry for
Propaganda It stated that yesterday morning the Italian
Trans-Ocean
Service.
ENDA ABBAMAS OCCUPIED
Asmara:
rest/lutphed by the great new. German military mas chine bride up by these men, is believed to have been pointed to with påbent effect, by diplomats seeking to argue Premier Mas- "out" of precipitating a world_war with his African, con- Left to right: "Air-Minister Goeting War Minister Wer- lomberg," Array Chief of Staff Fritsch and Naval Chief of neder, it the recuit exhibition of Naxi strength at Narem--
Staff -berg:
CRYPTIC SPEECH BY BELGIAN PREMIER
WARNING TO POWERS?
Paris, To-day.
EXPORT EMBARGO
AS COUNTER?
ILLEGAL POSSESSION
PUNISHABLE
CURRENCY RESERVE BOARD TO BE ESTABLISHED
Shanghai, To-day.
While some foreign bankers are prepared to turn over their silver resources to the Chinese Government, this is by no means "unanimous, many feeling that they are entitled to secure the London silver price for their holdings.
The opinion is expressed that outstanding contracts of ex- change can be taken up at rates previously arranged, but the banks' depositors will have to accept notes for payments in the future instead of silver dollars.
An interesting point is what will happen to the note issues of the foreign banks, for which full silver reserves are held local- ly. An embargo on the expart of silver is believed likely if for-- eign bankers and others do not agree to abide by the Govern- ment's decision regarding the nationalisation of silver Beater.
GOVERNMENT NOTKE
An earlier message said, that the Chinese Government on Satur- day night issued an announce ment on the currency situation reading as follows:-
The Chinese Government, in or- der to conserve the currency re
CURRENCY
REFORMS
LAUDED
BRITISH PRESS COMMENTS
WHOLE-HEARTED: S
troops on the Eritrea front be Great prominence is given by all sections of erres of the country and to erect
- BY BRITAIN ASSURED gan the second phase of the the Paris press to the report of the intervention lasting measures in currency, and banking reform, has decreed effec-
London, To-day. "Familiar Friend" In great offensive.
of the Belgian Premier, M. Van Zeeland, in the tive from to-morrow, November 4. The Dominion
proposed sanctions committee. Most of the firstly, that bank notes issued by China's currency reforms are
the three Government-banks given prominence, in the press.
The Financial Times pays a The main body of papers regard this as support for M. Laval and namely the Central Bank of China. General Birolf's Askaris have oc-Sir Samuel Hoare, while the others express the the Bank of China, and the Bank tribute to the Chinese Govern- of Communications, shall be full ment's good judgment in deciding cupied Enda Abbamas, a com- opinion that M. Van Zeeland wanted to utter a legal tender and the banknote re- to conform in all respects with the manding position. surrounded by fertile and well-watered valleys. Warning and remind the French and British deserves of the three banks shall be best Western practice. It says A large crowd watched the and large herds of cattle
Women welcomed the tavaders legates that they are only empowered to act with-placed under unified control.
were in the scope of the League of Nations. of the arrival yesterday
Sbrought out from concealment. Duchess of Richmond, with the The troops bought many. new Governor-General, Lord
A message from Santini states
CONFIDENCE IN FUTURE PROSPERITY
~CHINA MAIL" SPECIAL
Quebec, To-day.
*
En
STAFF OFFICER
Hashimoto Coming
To Canton
ARRIVING BY AIR FROM NANNING TO-MORROW
He said that Mr. Lloyd George invariably refused to pay attribu- already being tion to what was done. The Government were a
Tweedsmuir, who was welcom-that the Black Shirts are expect ANOTHER VISIT ways working on new schemes to help industry, and he instanceded on board by the Prime Min-ed to enter Haussien to-day They ister. Mr. Mackenzie King at present hold the line from the London transport Lord Tweedsmuir inspected a monastery of Debrasion on
BY JAPANESE scheme. involving an Sexpenditure of over £30,000,000, which would guard of honour from the glish Street to the monastery of crack French Canadian regi-Ambrasion, on the road from Adi- mean orders for rails, vehicles.
ment, after which he drove to grat to Hanssien. locomotives and electrical a the historic Legislative Coun- paratus giving much employment chamber.
The Italians were welcomed by Gen. the pealing of bells made of stone] Mr. Mackenzie. King, welcoming and a deputation of monks with Lord Tweedsmuir, declared that gifts of sweetmeats, incense, chic- Fear Chief Weapon in Buchan the writer, had been a the Governor-General, as John
kens and eggs, who made subgris- Conservative Armoury familiar
sion-Reuter. friend in Canadian homes for many years. -- London: Speaking at Crewel Lord Tweedsmuir, in his reply, yesterday, Mr. Attlee, Leader of expressed admiration for the the Labour Opposition, said that achievements of the people of the chief weapon in the Conser- Canada. He said he had every vative armoury was fear. In 1924 confidence for the future pros- there was the Russian bogey and perity and well-being of the coun in 1931 the danger to savings try-Renter. bogey. There were signs that " fear would also be used in” the present election to return the so- called National » Government. British Wireless Service.
REGISTRY WEDDING
The marriage was solemnized in the Registry Office Supreme Court, this morning, between Mr.
MONARCHY IN GREECE
LARGE MAJORITIES IN FAVOUR
~CHINA MAIL – SPECIAL. Pumpkin Athens, To-day-
MUNICH EN FETE
Party Headquarters Opened
FUEHRER PRESENT
· CHINA, MAIL" SPECIAL.
that the success of the scheme will The notes of all other issuing depend on the quality and con- banks will continue in circulation sistency of the men who must The semi-official Excelsior debut will gradually be withdrawn administer it, but there is no rea clares that all reasonable people and replaced by notes of the Cen-son to doubt that China will find men to operate the measures so who put European accord above tral Bank. inner political considerations No. new notes are to be issued that they will command confidence will be pleased that the League by these banks and all their u-and open an era of financial” set-
tlement în Ching". of Nations Covenant is again issued notes, as well as banknote an instrument of peace and no reserves, are to be deposited with It concludes: The wholeheart longer a war machine. Within the Central Bank,
weeks the League of Na tions had devised a system for economic and financial sane- tions which, without the Co- venant would have required years of negotiations. This result would be enough to make any State think seriously after THREE HALFPENCE this before embarking on war- IN ONE HOUR like adventure.
(Continued on Page 121
DOLLAR'S RAPID DECLINE
NO GOVERNMENT STATEMENT
[ed endorsement and co-operation of Britain and other · countries is assured.***
APPROVAL OF COMMERCE The Daily Telegraph says that the resolute and comprehensive measures of financial reform are certain to meet with the approval ✅f all commercial circles trading
with China, and will open up great prospects for Chinese commerce.
From Our Own Correspondent]
Canton, To-day.
The Morning Post remarks that Lieut. General Toranosuke
ALOISTS ACTION
the Chinese Government, in effect, Hashimoto of the Japanese Im- The Echo de Paris" and the
proposes that Chins will go off perial General Staff called on Paris Midi report from Geneva
China's new currency regula silver. The decision is sweeping, General Pai Hsung-hsi, execu- that Baron Aloisi made certain tions have had, as they were as the crisis demands, and the tive officer of the Kwangsi suggestions to Sir Sammel Hoare bound to do, considerable local paper presumes that the design is armies, at Nanning yesterday on the assumption of negotiations;
Arrangement for General]
and visited places of interest. for the termination of the conflict effect; and the new silver policy to hold the Chinese dollar in its The visitor will return to Can- but both papers as whether announced has already been in present relation to sterling, but strumental in influencing the lupon what reserves and resources Manich, To-day. ton by air to-morrow..
Baron Aloisi was authorised to do sterling price of the dollar and the paper money will rest and how Munich was again in festive
this by Italy. "Pertina 5 the local-U.S. dollar exchange the Chinese people will react are that the chasm which divides rate. A
questions which are incalculable. mood yesterday, when, in the Hashimoto to meet local off-
and italy's demands
Geneva's presence of the Fuehrer and Herr cials are being made to-day by
The official opening rate for England will watch the great ex- (Continued on Page 91 Hess, all the Reich's regional Lient-Colonial Kanzo Usuda,
sterling was quoted this morn-periment with sympathy and hope leaders, members of the Bavarian resident Japanese military off-
ing at 1/80 - a penny de-for its success.
but (Continued on Page 12) Government and town council, cer. Upon his return from BERENGARIA TO BE RETIRED cline on Saturday's rate- and prominent people from all Kwangsi,” the Japanese Staff
after about an hour's business The first complete result in the parts of the Reich attended the officer will study the situation Wast, of No. 1 Longsight
"business rate of 1/6%d. LOCAL DOLLAR London, To-day. —— The Cunard a Villas, Hong Kong, the son of Mr. plebiscite ballot for the restora customary fete which always in Canton,
White Star Line nounce that was in force, while the US
DROPS PENNY Anton Wust, and Miss Gretel tion of the monarchy arrived from takes place when a new public
the
Aflantic liner dollar was quoted at 38. Heissmann, of “The Baya” Repulse a suburb of Athens and showed building is completed in Ger
the former Hamburg Certain unconfirmed In Hon Long The bride is that of 1,380 votes cast. 1,975 many, when the new Nation
rica's Imperator, will be re-have been circulati the daughter of Captain Fritz were for the monarchy and five Socialist party premises on
against. In another district only famous Koenigplatz were ope
tired from service when the Queen to the effect that a Mary begins her salings on May 20 out of 400 votes wem against
27 next British Wireless Service? the restoration of the monarchy, but this count is said to be compl
The particip
table arriage is the polls was very heavy, al
Macedonia and
her the
FORTHCOMING WEDDING
The forthcoming
Genera
Herr Hitler, after visiting? architect of the
is not explained why Gen- Hashimoto is so eager to
wangsi first. Kwan
here have denied
there
reports
appear. Times
FREE EDUCATION-FICURES
cement
This facto
the general uncertainty iety of the exchange
The Hon Mr. Edwin Tay Colonial Treasurer. morning, would not, ho issue any statement for
tion:
being at 1/6d. Just
the dollar closed
Forward Silver Down
this