Page
GERMAN MONEY MATTERS
Not Affected By Franc
Devaluation
“DETACHED & DISINTERESTED SPECTATOR"
“CHINA NAIL" SPECIAL
Berlin. To-day- Commenting on the devaluation of the franc and the corresponding measures taken by the Swiss. Dutch and other Governments, the Diplo matisch-Politische Korrespondenz declares that Germany, whose cur- rency and trade policy are built up on quite a different basis, will not
the
be affected by these measures.
The Germany currency, as Secretary of State. Dr. Reinhardt, had said on Sunday, was stable. and Germany was therefore a de- tached but not disinterested server. She regards the measures!
the in France as experiments on part of a country with a different currency and trade situation and has now to bear the consequences of this operation.
"It can hardly be expected thasi= the devaluation of currency in any country will be received with ex- thusiam by the general public in that country, even if such measures are accompanied by international and reade more agreements palatable by being described. as 'currency adjustment.' But it decidedly goes too far if the at- tempt is made to soothe the psy chological and political reaction by making international circumstances and other countries responsible for
a. measure that is unpopular. but
THE CHINA MAIL, TUESDAY, SEPTEMBER 29, 1936
Herr von Ribbentrop, newly-appointed Nazi Ambassador to England, is shown kissing the hand of Frau Goering at a reception given by the German diplomatic corps for bird in Berlin last month."
STERLING BLOC EXTENSIONS
نا
Wide Area Already Covered
ENTHUSIASTIC PRESS
OPINIONS
London. To-day. The events abroad following the
which the French Government ap-French Government's decision re- parently believes unavoidable.
THE LEAGUE OF NATIONS
Reform Proposals Discussed
PUBLIC PLENARY SESSION OPENS
"CHINA MAIL" SPECIAL.
Geneva. To-day.
In the public plenary session garding the franc, showing a wide "When certain French circles
extension of currency realignment yesterday afternoon the League try to manufacture a connection between Germans armament and then sympathy with the policy affirm-Assembly proceeded according to ed by the French.. British and schedule to the election of the devaluation of the franc, that must
United States Governments for the three countries for the non-perma- be regarded more as a cheap poli-revival of international trade, arenent seats on the Council. As an- tical slogan than as evidence of ob
ap-ticipated, Bolivia, New Zealand The revival of recorded in the papers with jective judgment. international economic life is sex-proval, and optimistic conclusions and Sweden were elected with 49. tainly not sided if the formation are generally drawn. Latvia yes-48 and 48 votes respectively.
The general debate was then re- of blocs with opposing national terday decided to link her currency
to sterling, and press reports sug-opened by the Hungarian repre- philosophies is also aimed at
gest that Greece will do likewise. sentative, General Tanczos, who the, economic field."
As a result of the adjustments dealt chiefly with the question of General Tanczos Moscow: The Soviet Russian made or generally believed to be League reform. State Bank declared as answer to in contemplation, it is argued that stated that apart from Articles of the U.S.a substantial area, embracing most XI and XII, dealing with war or the announcement Secretary of the Treasury that an of Europe, nearly all Africa, the threat of war, or in event of any AF- attempt had been made to depre-whole of North America and of dispute between themselves. ciate the pound in New York by Australia, and considerable parts ticle XIX. dealing with a recon- the Soviets suddenly throwing of Asia, will enjoy stable exchange sideration of treaties, were most The over £1,000,000 on the market. that relations, and be freed gradually urgently in need of reform. this was absolutely without foun- of the hampering currency restric-Hungarian Government rejected dation and a ridiculous invention. tions.
the idea of regional pacts since they There were no dealings on the meant a perpetuation of the pre-j foreign exchange market yesterday sent conditions.
Soviet Russia
Explains
BANKING TRANSACTION
DESCRIBED
in the currencies of France, Swit- General Tanczos foreshadowed zerland and The Netherlands, nor Hungarian
rearmament, stating
in Italian lire. The chief interest that in view of the armament race, į was in the sterling-dollar rate considerations of national security! There was considerable activity rendered a continuation of the pre- on the Stock Exchange and com-sent situation impossible. The Soviet State Bank officials modity
Gold at 140,/9 markets. explained that the case in question reached the highest price since
The second speaker was the was an ordinary banking transac-early May. Gold shares were in tion involving an early redemption demand and the view that inter Soviet Foreign Minister, M. Lit-
M. LITVINOFF'S REVIEW
of the bonds of the 1931 loan and national trade is likely to benefit vinoff, who made a brief review of
British Wire
the past activities of the League,
LOCAL NEWS BREVITIES
sailed
The forthcoming weddings are The xxConte Rossa. announced of Julio Carmo Vieira from Singapore last Sunday at Ribeiro, Jr. · mercantile assistant 11 p.m. and is expected here to- of No. 19 Chatham Road, and Misa morrow night. She will berth Marilia Carolina Jorge, of No. 21 alongside the Kowloon Wharf and Jordan Road, first floor; Eric Sydney will sail for Shanghai as soon as Clifford Brooks, solicitor, residing she has completed the discharge at No: 8 Mountain View, the Peak, of cargo and passengers. and Miss Ellen Gertrude Bodkin,
of Na 106 The Peak.
THE TROOPING SEASON
Officers And Men Due Here
"DILWARA" LEAVING HOME `TO-MORROW
Chong Yan Chee, aged 42, whoj was banished for 10 years in 1982, was this morning sentenced to six) months hard labour by Mr. S. F Balfour at the 'Central Magistracy for returning to the Colony before his period of banishment had ex- pired. It was stated that 'defen- dant was banished then as he was a Communist and undesirable.
Tse Hung. was this morning sentenced to six weeks' hard la-
The War Office has announced that bour by Mr. S. F. Balfour at the the undermentioned personnel have Central Magistracy for the theft been ordered to embark for Hons of a radiator cap from a car be- Kong, in the Troopship Dilwara, sail-longing to a Sanitary Inspector ing from Southampton to-morrow:-
while it was parked in Ice House! Street on Friday.
Royal Artillery Licut. P. R. Hemans and wife. Lieat. J. R. Davenport
Wife of Major G. M. Churcher, MC.
8th. Heary Brigade, B.A. Sgt. G. S. Makel, wife and infant. 1 N. CO. IT details.
5th. AA. Brigade, RA Bdr. J. Lobban, wife and family. 19 details.
Royal Engineers 2/Lieut. H. L. Reeves, wife and
child 3%. S/Sgt. W. F. Willoughby, wife and
child.
S/Sgt. G. R. Regment and wife. 1 N. C. O.
Royal Corps of Signals Major J. C. McDonald and wife.
One case of diphtheria, two of enteric fever and one of measles, 24 hours were reported for the lended on September 28
One case of small-pox, ave of diphtheria, 20 of enteric fever, one and 66 of cerebro-spinal fever deaths from tuberculosis were re-
ported for the week ended on Sep- tember 26.
Wife and family of Sgt. G. R. BRITISH ARMY ‘A’
Knox
Wife and family of Sgt J. W.)
Dore.
2nd. Ba. Royal Welch Fusiliers Lt Colonel D. M. Barchard.. Sgt. T. Spencer, wife and family. L/Cpl DeLacey.
Wife of Fus. Campbell
40 Fusiliers.
F
J. Hil
Ist En. Royal Ulster Rides Lieut. J. B. Jeffreys and wife.
2/Lieut. M. D. G. C. Ryan.
2/Lieat E F. Johnson
C. Q. M. S. Miller.
kam.
RESERVISTS
Prompt Response To Calling-Up Notices
London, To-day.
The prompt manner in which the reservists of section A of the Army Reserve, who were recently called up for service in connec- tion with reinforcing the garrison
Wife and child of S/Sgt. McAlin-in Palestine, reported for duty, is
dea.
the subject of a statement issued Wife and family of L/Cpl Bing by the War Office yesterday. The calling-up notices were received The Ride Brigade
at the earliest by reservists Daughter of Capt. S. P. Hop-Saturday morning, September 5.
kinson.
33 Riflemez.':
Miss M. Bentley (Nurse to above:
child).
מס
Less than 48 hours later no iewer than 70 per cent. had reported for Royal Army Chaplains Department duty at their regimental depots. Rerd E. D. A Starnton, MC and and by September 10 the total of the reservists who had rejoined was 99 per cent.
wife.
Royal Army Service Corps Sgt. Close, wife and family.
Royal Army Medical Corps Major W. D. Arthur, MBE (SMO
to Tientsin and Hong Kong).
return
Bearing in mind that the men were scattered throughout the to British Isles, it is considered that the figures bear witness to the Lieut (M.) A. V. Heggie, MBE-excellent spirit of the reservists.
Royal Army Ordnance Corps S/Sgt. B. Neale, wife and infant. S/Sgt. L. Sparkes, wife and family, -S/Sgt. A. Read and wife.
2 N C. Os 2 details.
Royal Army Pay Corps Wife and family of Sgt. G. F.
Finch. Wife and family of Sgt. E. High-
stead.
Sgt. C. D. Carter and wife.
.
Royal Army Veterinary Corps
Sgt. H. Dobson, wife and family.
Army Schoolmistresses Miss T. F. Ebberd. Miss E. Muda
had been carried out through the was supported by the buyers of which he considered to be very Army Educational Corps and Queen's Chase Bank in New York. The shipping shares. State Bank officials declared more-less Service. over that the Soviet press had-an- nounced this intention as early as June and found it "more than un-) usual" that, the U.S. Secretary of this. the Treasury should find. in
to simple transaction grounds declare that attempts were being
the
OTHERS FOLLOW SUIT
¿Continued from Page 1)
قة
28
a the
Army Dental Corps Lieut. J. H Sherwen.
Q.ALMN. S Sister Miss L. M. Pickering. S/Nurse Miss S. M. Tatha
Army Audit Staff
An interesting point is that only 2 per cent were found to be me- dically unfit, and these only tem- porarily so on account of injuries jor illness.British Wireless Ser! Ivice:
TOTALISATOR
FRAUD
Discovered By Change Of Code
Nottingham
A fraud at the totalisator be- longing to the Nottingham White City Greyhound Racing Co. was Mr. (Major) G. B. Cairns and wife. described at Mr. (Lient) H. R. Hubert. Mr. (Lieat) A. J. Hall.
NON-POSSESSION
PASSPORT ··
kere last month-
the
police-court
It was stated that Fred Eorton, Jaged 19, who was employed as an assistant to the electrician who OF sets the totalisator, stole the keya
of the building.
He printed a set of tickets for seven out of eight races and hand-
meagre Going on to the question ¡of League reform, which in his opinion was chiefly a matter of 'im- the proving the possibilities. of Covenant's being put in practice M. Litvinoff said that he could not jagree to this matter being adjourn- ed. since the danger of war was so Rome: A devaluation of the liraear at hand that one could not made to upset international mone similar to the franc is regarded wait till it became a reality. tary stability and the standing of here in well-informed circles
The League of Nations, he said the pound sterling.
improbable. An adjustment might must not degenerate into a wait- The announcement of the Rus however, be considered, in special ing room. The principle of collec- sian State Bank officials closes: cases, as for instance in
the tive security must be made an ac- "Mr. Morgenthau's assertions are "Tourist Lira."
tual fact, since potential aggres~| completely unfounded and give the Paris: Moscow, according to the gors were only influenced by a line impression of an unjustified at Matin, has announced that it will of policy which was as arm tack on the Soviets which is not in follow the example of France and their own, M. Litvinoff concluded
Japanese Cautioned ed them to William Brown, who, interests of international Switzerland and devaluate the by reiterating the demand for
at the races, presented the win- stability and on the pound sterling, (rouble, reducing it to its actual general peace conference or
Norihisa Tominagia, a Japan-ning tickets, drew the money and appointment of a commission to BULGARIA HOLDS OFF
study the plan' of a European ese, aged 18, who was yesterday gave it to Horton
Discrepancies were discovered Sofia: "The Bulgarian currency Union.
charged before Mr. S. F. Balfour will not be influenced by the de-
a meeting were changed. This led! valuation of the French frane," stat- Following M Litvinoff's speech, at the Central Magistracy with and the code letters of the next ed the Minister of Finance M the representative of Holland made entering the Colony without
motion to the Eresidential Com-passport on September 21, was to Brown being questioned and Guneff: yesterday to the press. The
Horton was put on probation, Minister pointed out that the Bul-mittee, that a committee for dis- this morning discharged with a Horton apprehended.
armament be constituted during caution. garian monetary unit has been
Detective Sergeant Russell said as was also Andrew Paisley, aged this session after all--Trans-Goesn
that the defendant, who formerly 19, a kennel boy, for attempting İstabilised on a very low bagis, so
Service.
resided in Hong Kong, had gone to steal 348 in a similar way. that no grounds for a further de valuation exist, nor is there any BUDGET.COMMITTER MEETS
to Japan and on his retra, danger of unstability of the leva London: At this afternoon's as a result of the French measures: session of the League of Nations through some misunderstanding, was told that a passport was Athens: Following the devalua-Assembly at Geneva New Zealand.
taining one from the Consulate. Mrs. Beryl Markham the Kenya tion of the French franc, the Bank Bolivia and, Sweden were elected not required. He would be, ob- airwoman who was the first woof Greece, with the consent of the to the thres vacant non-permanent
to seats on Council Bolivia, replac-| man to fly solo across the North Government, has decided Atlantic from east to west, leav-Jabandon the Swiss franc as a basis ing Argentina, received 49 votes; ing England on September 4 on and align the Greek drachme to New Zealand, replacing Australia, 48 votes and Sweden, replacing the flight, during which she had the pound. “
but is intended to serve some value. other motive."-Trans-Ocean Ser- vice.
MRS. MARKHAM'S RETURN
Famous Aviatrix Again In England
Lonson, To-day-
SILENT COUPLE
CLUB HOCKEY TEAM TO MEET “Y” TO-MORROW
The following will represent. the Hong Kong Hockey Club against the European Y.M.C.A. in A welfare officer stated at a friendly match at King's Park Blackburn, Juvenile Court recent to-morrow afternoon commencing to fight with strong head winds Berlin: No currency quotations Denmark, 48 votes. and fry low to avoid fog reached are available. The foreign ex- The effect of the devaluation of ly that the parents of a boy of at 5:15 pm: Southampton yesterday on her rechange quotations were not made the Swiss franc upon the finances 15 had not spoken to each other H. F. Shields; J. Rodger. (Captain) A. Read and R. A. Bates; H. Owen- turn from New York by the liner in Paris, Amsterdam, Zuerich and of the League was discussed at the for two years, though they lived and E. V. Reed; J. G. Cotesworth, W Queen Mary British Wireless Milan either yesterday or to-day meeting of the budget Committee in the same house. They had so Hughes, S. Fowler, G. Sommer,
seen each other since Christmas. Bond, and, Tamworth. Brites graciess Service. Trans-Ocean Service.
Service.
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CHINA YEAR BOOK
1935 EDITION
The 25 Chapters of the 17th issue of the CHINA YEAR BOGK, edited by EL G. W. Woodhead, C.BE, have as usual been revised or rewritten with the assistance of many experta. -Chinese and Loreign, and every effort has been made to bring
information and statistics up to date.
The Chapter on the Kuomintang covers the political his tory of China in 1984 The Chapter on the Chinese Gover ment contains the Tart of the Provisional Constitution, the Organic Law, and the Draft of the Fermanent Constitution
The Chapter on International Iskres gives the text of the Agreement and Exchange of Notes of the sale of the Chinese Eastern Railway, besides the latest documents relating to Sino-Japanese issDes.
China's Communications-Railways, Roads, Post Office, Telegraphs, Wireless, Telephones and Aviation--are very fully dealt with."
Father D's, in the Chapter on Religions, contabatas an interesting Chronological Review of Catholic. Missiuam in
·China.
Mr. & Xam in agam ponsible for the Chapter of Currency and Banking, and the Loan Tables,
A new festare is a Chapter on Chian's Modern Indus
Price: $18 (Postage in Chian 30 cents extrn) Printers and Publishers;
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