Page
篇
CABLES:
LATEST CABLJS. {THROUGH HAUTHOR'S - KUUNOT. Į FIGHTING IN IRELAND. REPUBLICAN AND FREE STATE
ARMIES CLASH...
THE HONGKONG, DAILY
MARLIVE CABLES. DISASTROUS TOKYO FIRE." PRINCE'S STAFF AMONG THE QUESTS.
THE
#
ALLEGED
FINANCIAL SCANDALS AT “PRKING. VICE-MINISTER OF FINANCE REPLIES.
Following is a translation of a telegram to the President went frem Shanghai, o
March 20th, by Mr Hench-pu, the Vico Minister of Finance
1. 18mm, 1953.
TUBSPAL APRIST
CHARITY, BALL... IN THE
'THE NAVY`` LHAGUE," GAUSTIC SPEECHES AT ANNUAL
MEETING.
The fact that the Navy League hai pinched a critical stage of its existence was revealed at the annual meeting of the Grand Council in London recently.
"~DUNLOP'S" "L058 ES"""
SHARP" "CRITICISM OF WHOLE DIRECTORATE.
There were several lively incidents the crowded meeting of shareholders of the Dunlop Rubber Company, whose loge of £8,320,000 pa, the year was referred to; by the chairman (r. 4. Starrmy) truly appalling," though "his" surrey of the future was very hopeful.
A3
PRINCE'S PAVILION. Tha special pavilion was umid, last wright, for the first-time since the de parture of the Prince of Wales," when a charity ball took place. The stair was organised by the submarines in part in aid of the windows and orphans of the craw of His which was sunk with all On account of my sickness, I came to the hands, a few months ago, in a collision South to find rest. I found that in the off Gibraltar." A wase of sympathy was Papers some charges were made against me up and bad practicst results at home the finasefal authorities by the Minister and it soon reached Hongkong where a good hibited pablia meetings in County Sligo, Greek Consul), whe had lived at the Hotel of Justice and the People's Financial in deal of money has been raised already in office for another month in the hope that Guarded by armoured-cars un. Pro- for a long period was, burned to death fatigation Association. As Vice-Minister, naval circles. Last night's ball gave the it may be possible to prevent the collapse any suffers from incompetent manag
Dein, April 18th Ange from Carrick-me-Shawmone. * Mr. Grifith defied the sati treaty Irish Republican Army's proclama tin, misationed on April 8th, "which pro
State troops, Mi. Griffith added a crowd without interruption at Sligo, wäch was previously isolated.
:
The mutinous Irish Republican Army Bised the Post Office, thus preventing telegraphic communications, Fire was exc changed by the opposing forces in the
morning, wherein one member of the Re publican Army was killed, and one Re- publican civilian slightly wounded. "FURTHER FIGHTING IN DUBLIN
LATER.
A communique from the Irish Repub Hex Army, states that a group of men, naan of whom were armed with rides, romhed ME Collins and party's:moto r-car on the latter's arrival at Dublin. They Bir un Mr. Collius, and the fire being returned a mag with a revolver and a bub was captured.
wys w
The axlants disabled and captured other Head-Quarteria car, Bus attacks oa Beggar Bush Barracks Army * Transport, and on the Civil-Guard at
Bellabridge were fruitless. There were a
makanfics.
BRITAIN'S BOXER INDEMNITY.
SUGGESTION BY CHINESE STUDENTS.
J
Loxton, April 18th.
Toxro, April 18th. The Imperial Hotel, Tokyo, at which 170 guests, including many officers of HMS Renown and some members of the Prince of Wales' Staff, were staying, was-com- pletely destroyed by fire this afternoon
A resident named Millaresey (formerly
whilst attempting to escape from the root.
The fire occurred between thews and four o'clock, when the Prince of Wales was attending an Imperial party given by
the Empress and the Regent, to which
Home 3,000 guente were invited.
The loss is estimated at over one million yen for the building alone. Most of the guests lost everything.
I may well keep silent and say Gething] general, community an opportunity; to do about this matter; but on account of the share and was undoubtedly succesful, uneasiness in my mind, I ́take the liberty a5 2,000 tickets were sold hours before the to send this telegram to your Excellency ball began. The pavilion was decorated as an explanation. The stringency of the and the arrangements made under the tational finance began as an early date. inspiration of Lieut. T. 1. Sett Bell, Previous to the third year of the H-E.N., and the Bov."Archer Turner, R. N. publie (1014), the government lived on of the Ambrose. The Harkias band and Foreign Louur; before, the fi'th year of the Cairo Jazz band lent their services. the Republic (1916), of. Interal Loans Befreshments were available and a most and before the sixth year of the Republic enjoyable evening was spent. The only (1917), on Japanei Lanne: Begantag from regiet was that so spacious a' dancing the Eighth year of the Republic (1919), the hat must soon disappear, government was unable to su e loans from the above mentioned sources. The t loans from the various Chinese "commercial banks, amount of which aggregates to about Ninety Million Dollars, which exceeded several times over the total sum of the ospital of the various banks. Those who On Monday morning the Prince of are on the side of the government would Lelho came out from Eisbon to Macao over Wales attended a Japaoce duck hunt in denounce the high rate of interest of the the grounds of the Hama Palace. The banks, while those on the aid of the birds were enticed into a narrow canal banki would theclare that the banks are
helping to finance the government. by decor ducks, and captured by great butterfy nets, the sport causing much comparison with the ulterior motives of subscribers to the irredeemable Chao Sing amusement.
Bonds of the late Tripg Dynasty, the
The Prince of Wales bas expressed his Herbert deepest sympathy.-Fron Sir Bussell, Beuter's special correspondent.
LATEST CABLES.
A ROYAL DUCK HUNT, -
TOKYO, April 17th.
Bate rise to
'the tofal
ไป
DEATH OF A WELL-KNOWN EBSIDENT OF MACAD.
There have been interual discussions about the policy of the League which sulted in the resignation of the President the Duke of Somerset, and the whole of the are also Executivo Committee. There
After a discussion Iasting two hours and seriens financial dificulties.
half the committee agreed to remain in
of the League.
A NEW SITUATION.
*
Mra Sobor, phareholder, askok How many members of the Board age there still upon the Board who hate pursued this extravagant policy?'.
Ought they not in common decency There is a to place their resignations in our hands
general idea that the com
meat. It is a colossal monument to ib.. optitude and mismanagement "of the Board-one
(Chevy)
Mr. V. BIRCON TRITTow, the chairman of British in the bistory
The English language is lacking in ja word to describe it." (Laughter.)"
"WON'T IT DOW..
Bake of Somerset, and then went on to first of all announced the resignation of the
Mr. Davidsop declared that if move the siloption of the report, which con- thins the following pronouncement on mercial men told the truth they would baddadmit, that they had lost more than. the League policy
"
COM-
satement was met with cries of opsoase" and. Sit down”: Mr. Davidson: I have not the lightest intention of sitting down. (,4Oh, Oh.")
The outstanding feature of the tear Dunlop Company. has undoubtedly been the assembling of the Washington Conference and the decisions there arrived at. The members of the Navy League will feel Mr. R. H. Hooper: It is inconceivable especially gratified at the results achieved. to me that anyone in the cotton ani rub- For more than a year they have consis ber business could lose such an enormous tently advocated such a Conference, and amount of money,
The Hon. Holland Hibbert asked the they desire to take this opportunity of | placing on record their gratitude to amount of remuneration to the Board directors, adding, President Harding for summoning the and to the Conference, and to -Mr. Balfour for the amidst laughter: And will you tell ...
the use of ex- directors.!! great and statemanlike part he has play A well-known resident of Macao passeded in contributing to its successful issue The agreements arrived at when ratified by the respective Governments concerned will inaugurate a new era in the world's history, and contribute to mankind a ser rice the greatness of which cannot be measured in words. At the same time it must be clearly understood that the policy of the Navy League is the maintenance of such naval strength as will adequately protect British subjects and British trade all the world over.
away in that Colony last week' in the
error of Dr. Alfredo Pinto Lello,
Dr.
30 years ago, and for a long period of years filled the portion of Colonial Secre
pension a few years ago, and had since try. He retired from that position on a lawyer, and practiced in Macao a public notary. Dr. Lello had been in ill- health for some time past, and had ar
Sir Arthur Cros, president of the company and ex-officio director, thought there had been lack of prudence in the conduct of the company, but if they all- pulled together he looked with hope to the future.
BIE ARTHUR'S £19,000. tion, the chairman said. There is
Answering questions as to remunerk- president, Sir Arthur Du Crow and vice-president, Mr. Alford Cu Cros, and they have contracts with the company as advisers.
In the afternoon the Prince of Wales people's purchase of Government Bonds ranged to leave for Portugal this week, i overdraft af 2645, Mr. TRITION explained | 194 The vice-prraïdent receives £2,500 per
attended a Garden Party at the British Embassy.
In the evening the Prison of Wales guve a dinner at Akasaka Palace, later attend-" ing a performance at the Imperial Theatre As the guest of the Mayor of Tokyo, and
but his illness took a turn for the worse present for the sole purpose of investment and he passed away on the 11th inst. His is a healthy and desirable symptom, mark- ig a big step forward in the economical took place the same evening, and a large number of friends attended to developmens of this country.
Moreover, after the European War the pay a last tribute of respect. He leaves rate of interest is excessively high in all a widow (nee Loureiro, of Hongkong) and One son is in Macao, another the commercial centres. I remember Mr.
theoe sona.
Having drawn attention to the bank
the causes leading up to the present misunderstanding: To aggle docs tion of policy in 1919, the New Year message of 1921, the Washington Con ference, the special meeting of the Grand Council in January last, and the criticisms of League policy by Mr. P. J. Hannon, H.P. The chairman accused Mr. Hannon of a breach of etiquette in communicating mittee, which were confidential.
There had been some confusion about the ́memorandum issued on October 13th. It was a considerid statement of what the committes believed to be the facts on the eye of the Washington Conference, and was not
Chua Bin Kab in a letter to lbs. Zimes, receiving an address of welcome. (From Famont in his speech at the Waichiconuin Shanghai and the third at school into the Press the proceedings of the com-
dent).
**DIOMEDE" FOR CHINA STATION.
From Christ's College, Cambridge, sug-Sir Herbert, Router's Special Correspon gests that the Boxer Indemnity could be atilized to the mutual beneɓt of Great Britain and China, by Britain remitting it, if it is applied to encouraging and ading Chinose students to come to Great Britain; thus following the example set | by the United States. The writer dwells on the commercial and other advantage arising therefrom, and points out that while there are over two thousand Chinese studying in America, there are only two hundred studying in Great Britain.
la support of this argument, he subunits that United States will, in few years,
seriously challenge Great Britain's present premier position in the economic field, and that China will be a beavy buyer in the world's market, ouch we are past the present transition stage.
SEMENOFF CANNOT BE
TRIED.
FEDERAL DISTRICT ATTORNEY'S OPINIÓN.
NOW BEING FITTED OUT...
LONDON, April 13tb. Captain Hopwood is superintending the fitting out of the new light cruiser liomede, which he will shortly commiss sion for service on the China station.
THE DAVIS CUP.
THE INDIAN TEAM..
LAROEL, April 16th, "The All-India Lawn-Tennis Associatiua has invited the brothers Fyzci, Ramas wami, Captain Lawis Barclay, Bangarac, and F. H. L. Crawford, to play Rumania in the first round of the Davis Cup GENOA CONFERENCE,
SIR" CHARLES ADDIS SUMMONED FOR EXPERT ADVICE.
Goa, April 18th, Sir Charles Ado's who has just return Naw Yox, April 15th.
ed from the Far East has arrived and The Federal District Attorney, in in forming Mr. Borah that neither the been summoned to give expert advice..
Federal or the State Military Courts an toy M. Semenoff, who was held on charge of murdering American troops in Siberia, says that if the American "Army recognised Semionof at the time of the alleged murders, the only appead would hays been to Semsnoff's military superiors
there
FRENCH COLONIAL,
KXHIBITION.
Building two years ago, stated that the Ioans raised by the banks were not taken from the bank vaults but drawn from the market. If the government does not offer a high rate of interest, how can the barks
Lisbon.
THE NEAR EAST.
get money from the market? Perhaps the ALLIES. REPLY TO THE KEMALIST statement of League policy at all. At the
banks are Low regretful of their former actions. Would they regard the sapposed surplus on paper contracts satisfactory re payments of principals. And how much debt has been paid by the government in the form of cash?
GOVERNMENT.
Their
"In that capacity the president rẻ- ceives £12,000 a year free of income-tar. up to five shillings." annum, not free if income-tar. contracts have at last 16 or 17 FASTS
Oh, ch. The Hon. Holland Hibbert: Twaito thousand pounds a year for the presi deni.... dent!
to
The Chairman: Yes. The Hon. Holland Hibbe: Yes. flood
What for
hoaves
The Chairman: Por advising. ("Oh,
LA
Sir Arthur Wheeler said be believed the money paid to Sir Arthur D Cros had been well earned.
The Chairman's suggestion that accountant, assisted by a small commit tee, should inquire into the position of the company was agreed to. Bir Joiah Stamp. Mr. J. M. Thompson. (Belfast).. and Mr. F. Sobey (a North Country worsted spinner) being appointed is the committee..
Special Grand Council on January 12th, Mr. Hamon brought forward a resolution condemning the memorandum, and this was put as an amendment, and carried by a majority of 11. The attendance at that meeting was only 65, out of 492, and only 41 delegates out of 263. The committee in which it was adopted. All they asked were faced with a vote of no confidence, and was that the administration of the Teague further conference was unsuccessful in should be altered, and he then saw no finding a solution, Mr. Hannon insisting on difficulties in adjusting their differercos an immediate alteration in administration, and reconstructing the League. and that the memorandum should-be publicly withdrawn. The committee were quite unable to comply with one or the other, and had no alternative but to in- into their resignation. Until this shar divizion was settled he was afraid the Nary League would be unable to continue.
CONSTANTINOPLE, April 17th.' The Allies have informed the Angora Government that they cannot consent to What remaizs from the Ninety-six immediate Grek evacuation of Anatolia Million Loan Bonds after meeting all the as an armistice caudition, and point out foreign loans and the expenses of the the difficulties of acceding to such a de Ministry of Finance, say, all sold at par, mand. The Allies, however, are prepared is still less than sixty per cent. of the to make evacuation begin directly, the money actually put up by the banks. If Kemalists accept the peace terms as a
THE NAVY OF THE COUNTET?' the government is in a serious financial whole.
Adml, Lowruze Gxart, Naral Attich condition again, I woźdör who would be
in America, said that he welcomed the cut- willing to make.further saer fice in order to help the government? I would ad-
coma of the Washington Confereres. They vise the government to establish some price would get them. The offer would be
must take into consideration that America definite policies in regard to these matters extended for two weeks so that every
was rich and we were poor. If we desired and to keep faith with the people in order chance will be given to the public to take
to compete with America in naval armamenta we should find it extremely difficult to do to encourage the people to invest in the up these shares. Everything in this matter. government securities. It would be a mis was done with full publicity and I
Adml. L. G. Twrw seconded in a b. The reduction of taxation with a view take to do anything that would make these how the Snancial authorities can be
rather bitter speech, in the course of which to the revival of trade and the elimination. market uneasy about the financial accom-guilty of misconduct, modations given by the government. Suspicions are, apt to arise in regard be maintained that the policy of the League of unemployment was accepted by all as As to the allegation af conspiracy be-to the Ezancial officials. The cases of had not changed, but had only been modified vital to this country. It unemployment tween the fiancial authorities and the Hong-yang of Han Dynasty and Liu-yea to such so extent as was consistent with the continued as at present something not far banks, its truth should be proved by evi of Tang Dynasty can be cited in history changed circumstances of the world. Going short of a revolution would take place- our Navy dener. On conviction, the guilty parties It is extremely difficult for a financial on to speak of Mr. Hannon's newspaper "and then good-bye to should, of course, be brought before the official to escape criticism and maintain attacks, he used the phrases wounded altogether." To rezist reduction of the court and punished in accordance with his reputation up to the end of his career.vanity," "disappointed ambition," and Nary in order to maintain fleets of ships the laws of the Republic; otherwise the Beginning from the fifty year of the "hankering after personal aggrandizement." that were unnecessary and norensouable prosecution or false charges is unfair and Republic (1916), the nation was divided and there were several interruptions from would arouse hostility, and would be into the South and the North, and the the audience: "Leave these personalities making the country exist for the Navy, and anjast,
number of troops increased enormously.
THE ISSUE OF TRKASTET BILL).
CHUDOF
The Snancial condition of the country be-out."
PERSONALITIES.
“ENGLAND'S EXTREMITT.”
Got the Nary for the country. It would, therefore, be undermining the interest of the Navy itself, which he was glad nobody desired." It was a case of amputation being necessary. If the experts refused to do it then non-experts would undertake it, and the patient would bleed to death. Thir process had already commenced, and it would go on unless those who know and re-understood the Navy undertook the task.
As regard the same of Treasury Bills, it came worse than ever; the revenues from They had been asked why they did not HARLIER CABLES...
is quite within the authority of the Minis. the provinces were seized by the provis say anything while the Washington Con- try of Finance. Thrico formerly, Special cial authorities and the Central Govern- ference was sitting. There were times in PLAN FOR DISARMAMENT.... Treasury Bills scoured by the Salt Surplus ment bad to make all kinds of loans to the lives of all of them when silence was were issued without going through the meet the insatiable domands. Since the golden, and the Washington Conference was GDA. April 16th.
Cabinet meeting. Last year the same nation can not be unified by military one of these occasioda. practice was repeated in the issuing of the forces, much money had to be spent mean- It is authoritatively learned that Mr. Salt Surplus Special Treasury Bills The inglessly, and, of course, the people a70 Lloyd George has a complete plan for Premier was duly consulted in this case groating under the circumstances. Tus Mr. ARNOLD WHITE, in moving the European disarmament pact, The British and he stated that he had made a verbal is the fate which the successive Bnancial jection of the report, declared that, the they do not, God help the Navy His view is that the four-Power pact at Wash ington produced peace among the Pacife as a Cabinet moeting Owing to authorities were made to face during the League of Nations was a futility, and they candid view was that a large section who
the unusual stringency of the financial recent few years.
were turning the Navy League into were crying out against the logical result of Powers and subsequently plans for limita market at the end of the lunar year, and I feel that so long as the political con- parochial and useless organisation. The the Washington Conference and the existing tion of armamenta. The Genda conference
as the government is unable to force the ditions are not remedied, nothing can be first cesantial for the safety of the Empire international situation were in the grip of a Af his army wax unrecognised by theis disposed to consider armaments at the people to give their money to it, the only done in the way of financial reform. Since and civilization was sen power supremacy, very bad attack of Little Englandism and American Military Authorities, they had first stage, not the second. There is no way to get necessary funda te tide" over my ability was limited and the gone Whîle disapproving of the present policy the grossest materialism;
idea at present of a military holiday. The the lunar year is to secure losas from the mental stances were beyond my power to of the League, he hoped there would be no After further discussion Mr. Afhold a right to capture, and try to punish British are also dead against reinforcing banks at high rates of interest. I did my readjust, I gave up my position as the quarrel or ill feeling, and that they would White agreed to withdraw the amendment
the pact by military sanctions which be very best in raising more than ten million Chief of the Loan Department, Recently Bemesoff then, and not now,
long to the very order of ideas which the dollars within about ten days in order to when Premier Liang Shih-yi organized his coms together in the spirit not of sloppy on the understanding that the old policy of British are trying to abolish.
tide over the lunar year. I worked very Cabinet, I was asked to take up the post sentiment, but in the spirit of determinaKeep Watch" was restored and that they The Beti delegation has in mind a hard indeed and succeeded in this ex- Viser Finance Boon after tion, in this moment of England's extremity, dispense with, the flounces and frills.
The resolution was adopted. pact against, aggrcasion, and has not con- tremoly dificult task. Everything is over my assumption of office thus present poli to reep the Navy League alive and rigorous widered the question of the duration of the now, and it is beyond my expectations tical crisis suddenly took place. The z for the purpose for which it was founded.
AS CONFIDENCE IN THE EXECUTIVE. pact, but probably a decade will be sug that instead of being, rewarded, I am organization of the government's flusuce
But 1b to be perfectly frank. I do geeted by all the nations now participat facing delamatory chargea
The test role, bowerex, came on a resolu- beyond my power and ability, although think that he Hopwood should retire. ing at Gehod."
The loans secured on Bank of China I have always entertained such a desire. He is too deeply steeped in the beautiful tion from Bristol, moved by Capt. J. sbarcs were not made during my tenure I feel very sorry that I have desppoint principle of loving the enemies of your STUART WILDE, EN., expressing" con- INDIAN RAILWAY STRIKE
of office. They were made about a year ad your Excellency's hopes in appointing fri ads, and the makes it impossible for fidence in the executive and saking them to COLLAPSING.
ago. The loan contracts stipulated that mo to office. Hereafter I shall retire from him to discharge the duties, however, able reconsider the decision to resign if the government should fail to repay the political life.
he may be, of secretary to this League. .Com. E. H. Donnte seconded... principal an. due date, the creditors are
In conclusion, it must be observed that Admi Hopwood's resignation is the mini- The resolution was declared carried by 38 allowed to dispose of the securities with the originators and promoters of the mum I think we can ask from this side of votes to 25, and the Chairman announced CALCUTTA, April 16th. out scouring the consent of the Ministry People's Financial Investigation" Associa the table.” Bla
that he held 129 proxies, as aguinst 29 in The strike on the East Indian Railway of Finance. As the date fell duo and as tion are the disappointed members of the Maj. BOBTOCK HILL seconded, and favour of Mr. Hannon.
The resolutions sent forward by Lybon appears to be fizzling out. The position the government was unable to pay the Financial Adjustment Commission who suggested that the League should go back, to is practically normal, except at Asansol, principal and the 'intercat, the creditors have been recently dismissed from the its original motto of "Keep watch." "and Truro and Chelsea branches were not where the locomotive drivers have not re-wore about to carry out the terms in the Ministry, and whose names can be verified
contract. The creditors do not want to from the records. The said Asociation")
moved, but the East Sheen and Kensington
ANTRA Burned.
The War Memorial unveiled by the buy or sell these Bank of China shares is not only an illegal organisation, bat
resolutions were adopted.
The Executive Committee agreed to Prince of Wales on December 30th was what they do want is to get back their has also the nature and purpose of retalia disfigured last night, when somebody un-principal and interest. After prolonged tion. It is necessary to state here that it
remain in office for another month and try known daubed charcoal over the sides and negotiation with the eruditors, it was such an organisation is allowed to exist,
to reconstitute the Executive Commit'es in the plaques bearing the names of the ill-finally decided to insert notices in nows all measures of Governmental economy and
the meantime. ed. The War Memorial to the victims of papera and invite leaders to buy the retrenchment, and the reduction of the the Black Hole of Calcutta was similarly sharea so that any one offering the highest superfous number of officials will amount treated,
(Continued at fool of next column,} to nothing more titán a mero farce.
GREAT INDO-CHINA DISPLAY.
MARSSILLES, April 16th. Spectacularly, the Indo-China section anquestionably takes" first place at the great French Colonial Exhibition, which was opened by the Minister for the Colonies. It occupies 10,000 square yards; auf is the principal attraction of the exhibition. A faithful reproduction is prawuted of the Temple at Angkor, "with the spires mirrored in the waters of the The papers describe it as a monument worthy of the great colony, whereof they simultaneously recall the astonishing past and the intensely active present.
sacred inte.
ACTS OF VANDALISM.
Mr. P. J. HANNON, M.P., Bald that he desired to do everything in his power to preserve the organization and remove the unfortunate misunderstanding. He ex. plained that when it was proposed to large the memorandum, which was a volte face on the part of the Nary League, he felt it his duty to tell the public the circumstances (Continued at foot of nezs column.)
Col. Bucas offered to guarantee £100 towards retrieving the fioancial position 19 other people would do the saTIE,