CABLE S.
LATEST CABLES.
{THROUGH REUTER'S AGENCY.]
U.S. SHIPPING BOARD. WILL NOT CLAIM SPECIAL ADVAN- TAGES FOR ITS SHIPS,
LONDON, April 10th.
A United States Note to Great Britain disclaims any intention on the part of the Shipping Board to claim immunity
SUGAR FUTURES.”.
INJUNCTION FROCEEDINGS
INSTITUTED BY US.
THE HONGKONG DAILY -PRESS
WASHINGTON, April 10th: Injunction proceedings have been institut- ed at New York by the Federal Govern ment with a view to completely suppressing the trading in sugar futures in the coffee anal sugar exchanges.
The proceedings which are described as the most aweeping over instituted by the Government in an effort to curb specalation in the necessities of life, wore decided upon after the whole subject, with the evidence, was discussed in detail by President Harding and the Cabinet, and after Judge Daugherty approved of the Bill
SATURDAY, APRIL ́gist, · 1928,
FAR EASTERN · CABLE BUIT AGAINST LO WEN KAN.
NEWS
(THROUGH REUTER'S AGEVOY.]
SHANGHAI TEXTILE TECHNICAL
SCHOOL PROJECT.
SUPPORT BY LANCASHIRE PAL'
LONDON, April 19th. The scheme for the establishment of a Textile Technical School at Shanghai out
CHARGED WITH IMITATING DOCUMENTS.
NATIONS' DEBTS,
FUNDING AGREEMENT QUTLINED.
INDUSTRIAL GROUP'S MEMORANDUM. At a recent meeting to the Industrial Group of members of the House of has Cominora referred the question of tho
BRITISH VAGRANTS.
OUT OF WORK.”
A couple of British subjects, Albert E
before the Magistrate (Mr. D. Jackson, and Thomas O'Connor, appeared
Paino, April goth.
Melbourne). yesterday morning, charged The local Procurator's Court
with being vagranti. Inspector Caigü brought a suit against Lo Wen Kan. It funding of international debts to a special as in charge of the case, told his Committee presided over by Sir Allan is understood that the latter will not be Smith, and the memorandum which we Worship that the two men had formerly. accused of embezzlement or of receiving publish below is the result of their teen employed at Shanghal. They cam! bribes, these charges having been dropped, inquiries in Great Britain, in the Do to this Colcay, and took up jobs with a
but that he will be accused of imitating minions, in Europe, and in the United local firm. For some reason unknown to themselves they were discharged, and
of the remitted Boxer indemnity documents, thereby bringing about the States of America. The Group intende to
ccatioue its investigations into
from arrest and other streial advantages who is now it in North Carolina, bad strongly advoented by Colonel Dobsoni atenewal of the contract for the Austroquest.in.
generally accorded to public vessels, as distinct from privately owned ships. TRADE UNION OFFERS TO TAKE
OVER VESSELS.
The New York Marine Engineers' Beur. ficial Association, which is a trade union, has offered to purchase three shipping| board vessels for 200,000, with the object of working the coastal trade and Inter developing a world trade.
MOTOR GLIDERS,
PRIZES OFFERED FOR
EFFICIENCY.
LONDON, April 10th.
The Daily Mail is offering £1,000 for
complaint of the Bill alleges that on orgy of speculation resulted from a con- spiracy in restraint of trade.
The present action is a civil soit, but it is understood that the Government are con sidering criminal proceedings later under the Sherman Law.
DROP IN SUGAR SECURITIES."
LATER.
Heavy general selling developed when the news of the intended injunction pro- ceedings for suppressing tradings in sugar "atures" reached the interested exchanges
Declines in the operations ranged from 30 to 74 points, followed by a rally to 35.
On the Stock Exchange sugar securities dropped nearly three peints.
a meeting held at the House of Commons by invitation of the Parliamentary com- mittes of Lancashire members of the House,
German Shipping Loan.
The judge will be Wu Fung Chang, and as a means of counteracting American in-counsel for the defence will be Liu Chung cursion into this line of industry in Yoo.
GODDS,
ווג
The memorandum, after reviewing the Present trade" position, and remarking that orders are not coming in as fast as they are being
completed, and a dangerous proportion of the deposits in our banks represents foreigų capital, proceeds : ---
the found themselves destitute. They came to him quite openly, said they had nowhere to go, no food to cat, and nowhere to sleep. He asked that they should be committed to the House of Detention, and meanwhile he would go the round of the shipping offices, and see if he could and them work. canumitted them accordingly.
His Worship agreed to this course, and
It might not be difficult to restore a state of confidenes in the Near East if our
China. He suggested that the college might NESE BOYGOTT OF JAPANESE policy were based to a greater extent on ultimately be handed over to the Chinese Government, by which time would prob nbly have done its work, namely enabled a large number of Chinese to be thoroughly versed in English manufactures and to have filled positions of mill-managers with
PING, April 2011 Wang, Wen Tien, President of the Commercial Trenties Research Association, ach Chang Kuo Yang, Chairman of the
THE COMING BOYAL WEDDING.
P. & O. "MALOJA” LAUNCHED. British-trained instead of American Union of Chambers of Commerce called of view, whereas Franon seeks to establish diamond and sapphiro necklace an a
trained men, and advertised very largely the latest mechanical products of Great
bave a beneficial influence on all sections of British trade.
the longest fight, with a minimura of tion Company's steamer Mulojn, 20,000 tons. Brtiain. The scheme would undoubtedly
LONDON, April 19th. The Penisular and Oriental Steam Naviga.
was launched at Belfast to-day.
The vessel, which in intended for the Australian trade, will accommodate 654
fifty miles, on a triangular course on a motor glider whose engine does not ex-passengers. ceed seven and a half horsepower, with only-one gallon of fuel. Other conditions ara imposed with a view to ensuring handy machine corresponding in power and utility to a motor cycle. The Duka of Sutherland offers a second prize of £500 restricted to British competitors and machines. The competition will be held in September.
BRITAIN AND EGYPT.
LIMITATION OF SOVEREIGNTY ADJUSTED,
CAIRO, April 19th. " The critical negotiations of the past week, regarding the limitation of sover eignty have terminated by the drafting of a democratic constitution satisfactory to both sides. The Cabinet fully responded to Great Britain's obfcction regarding the
inclusion of the Sudan.
ATLANTIC CABLE RATES REDUCED.
روشور
N.S.W. LOAN.
LONDON, April 19th. The issue is announced of a New South Wales loan amounting to £4000,000, bear- ing interest at four and a half per cent, inscribed stock, at a price of 91.
FRANCES EMBARGO
SHELL EXPORT.
BRITAIN MAKES URGENT REPRESENTATION.
ON
LONDON, April 10th. That urgent representations were being made by Great Britain to France as regards the embargo on the exportation of abells from France, was stated Mr. Ronald McNeill, in the House of Commons, in reply to Mr. Terrell, who said that the embargo applied to British shells emptied by British firms.
the Terrell added that
French authorities
in addition to the embargo, had suddenly ordered the removal from French parts of several thousand tons of shells collected for export to English steal works.
Mr. McNeill said that he was aware of the embargo on iron, steel and scrap, including shells, but his attention had not previously been called to the order for the removal of emptied British shells from French
porta Losbox, April 19th.
Majesty's Government for weeks past have
been doing their utmost to secure a m The Western Union and Commercial
laxation of the prohibition, and have lately Companies have reduced their cable rates addressed a protest to the French Govern- the ment drawing their attention to
which is owned by the British Govern-
to America so also has the Imperial, breach of Article of the Anglo-French
in the case of Italy and but not the United Kingdom. to say that the reply of the
OPIUM PRODUCTION IN CHINA.
A WARNING TO THE CHINESE GOVERNMENT.
on the Presideas yesterday and requested not to prevent the morchadte from boycotting Japanese goods, because of Japan's refusal to restore Port Arthur and Dalny,
WU PEI FU'S BIRTHDAY
CELEBRATION.
2
PRESIDENT AND PREMIER SEND
REPRESENTATIVES,
1
commercial considerations. Nor would it be out of the question, at all orcats in the rear future, that we might take advantage of the modification, of policy in Russia to come to some Requomto understanding with her. It is with France to any working agreement, and this is the Queen's wedding present to Lady that at present it seems difficult to come
Frum recont Home papers we learn that because we are actuated by the desire to Elizabeth. Bowes Lyon takes the form of rastoro Europe from an economic point jewellery, the chief items being a beautiful her own political security.
brouch of the same stones. Seven of the An economic alliance between this sight bridesmaids country, Busin, Germany, and the United States would be impossible to resist, even by the foremost military Power of Europe. It is, however, to the problem of inter national debt that we first turn our attention os being the quarter in which the work of rescue can most easily begin. The enormous amounts of this debt in all over £4,000,000,0007 am full of dis ruptive influences. The indebtedness of one national Treasury to another is fruitful source of war and, in addition of economic insecurity. For nations with large unfunded debts can attempt to balance their Budgets.
are Lori maids had been chosen. They Cambridge, Lady Katharine Hamica. Lady Mary Thynne, the Hon. Diamond Hardinge, the Hon. Mary Elphinstone, and the Hon. Cecilia Bowes-Lyon. It is understood to be the special wish of the Duke and his bride that the place of their honeymoor should remain their own secret at least for some time to come, but it may be stated with authority, that it will, not be outside the British Isles. "It is probable the Daily Mail learns that in place of a reception on the day of the wedding at the bride's home in Bruton street, W awodding breakfast will bo given by the King and Queen at Bucking It has been suggested that intervention ham Palace. The service of silver plate. might be contemplated through the, the wedding gift of the Corporation of medium of the League of Nations, but to London, was presented to the Duke and this there are serious objections. It is therefore suggested
Lady Elizabeth og March 23rd. at Back that Great ingham Palace. Lady Elizabeth has con Britain should, other through the League rented to receive from the Worshipful or directly, request the United States to Company of Gardeners the wedding boa summon or co-operate with her in sumquet, composed of white roses and white" moning a world conference to which heather. Bussia and Germany should be invited, nä well as the other Powers. If way con
Buch a conference the economic pressure would be considerable,
LONDON, April 19th. The proposal to legitimise the opium traffic in China was deplored in a lecture! in London by Mr. Peel (1) to friends of the opium committer. He said that, serious and regrettable as was the re crudescence of opium-growing in China, and tempting as it must be for the Chinese Government in its bankrupt state to rise revenue by these means, it would by deplorable for China to go back on [DY COURTESY OF THE “DAILY DELLETIN.") rus of opinion were to be reached in
her magnificent action of stamping out poppy cultivation, both for her own sake and because a Göverament monopoly of opium growing would seriously rotard the efforts to restrict world production.
(Continusă on ntat Column:)
BRITISH CHAMBERS OF COMMERCE. PRINCE OF WALES SPEAKS IN RACING TERMS.
LONDON, April 10th. Though suffering from a elight attack of laryngitis, H.RE. the Prince of Association of British Chambers of Com morga last night,
cat. An innovation is the acceptance of of 1833 involved in the French Wales attended the banquet of the
urgent messages from London to New French Government, while attempting to York at a shilling a word, compared with justify their action, did not mention this violation of the treaty: The Ambassador tenpeto ordinary.
at Paris has been instructed to make urgent representations to the French Government with regard to shells, which is regarded by His Majesty's Government as a matter of the utmost importance.*
WRANGEL'S FLEET.
CALCUTTA JUTE STRIKE SPREADING.
CALOUTTA, April 10th. The jute strike has spread and now involves 20,000 persons.
WHITE SLAVE TRAFFIC.
GENIVA, April 19th The Council of the League of Nations has decided to appoint experts to secure and collate information regarding the procedure of white-slave trafficers, also as to the principal centres of the traffic.
EARLIER CABLES.
FRANCO-BELGO RUHR.
COLLI-ION BETWEEN UNEMPLOYED
AND GERMAN 'POLICEMA
KARIs, April 19th.:
A message from Duesseldorf states that there have been several collisions between the unemployed and the German police attended by fatalities.
An unemployed committee at Duesseldorf have notified the German Government of their intention to offer their services to the French unless satisfaction is ing.
15 forthcom
it 19th.
31ARSEILLES, April 19th. The Foreign Labour Bureau have begun to pay off 330 Russians constituting the crows of 13 tugboats formerly belonging to Wrangel's fleet.
The men will to distributed for work in the devastated area.
DUTCH SUMMER-TIME.
In the course of his speech, which has been circulated, tho Prince of Wales said that the question of trade recovery was doubtless Turemat in the minds of the delegates. Probably the barriers seemed insurmountable.
There were pecasions when the course looked almṛst too stiff Since 1918 there had been one or two pretty ngly falla. The generation which fought in the world war had a heavy burden on its shoalders, but what was most striking was the spirits animating all classes bearing it. British enterprise was still equal to any task, and he was thankful to say that there were definite signs of returning prosperity. GERMANY'S STRUGGLE WITH
THE MARK..........
PERING, April 20th. The President is sending Chin Yang Yen, and the Premier is ending Chang Shon Chon to Loying to participate in General Wu Poi Fu's birthday celebration on Saturday.
CANTON NEWS via PEKING.
OLD VIKING BOAT RECOVERED
IN DENMARK.
It may be anticipated that the chieff A warship of the Vikings, dating back. difficulty would be to persuade the United to bout 300 B.C. will soon be o3 view States to enter such a conference, now here at the National Museum. It was PERING. April 19th.
that she has so long maintained her at found in the Bog of Hjortspring, in It is reported in a mesango from titude of detachment from the rest of the Slevig. Shields, apears and swords found. Canton, dated April 15th, that after being she believed she could collect a tribute ship is built of elm, is 42 feet.
world. It would seem that up till now with the vessel also will be on view. The at first repulsed, Shen trung-ying s porous returned to the attack reinforced by 4,000 of Li Chia-ping's, followers.
Shen Hung-ying has ordered the troops from the northern districts to move to
wards Canton.
ber loans to the belligerent countries, and 1 kb. feet wide, and was propelled by by means of high tarifs remove all fear and exhibited in the state in which of competition from nations with a lower sailed the sons." standard of living. It is, however, very doubtful whether she can long continue to carry out this policy.
VII. The foregoing, if approved by In the domain of the debts themselves Great Britain, to be submitted to the the central point of the whole situation is United States of America with a request that of German reparations.
for adoption, and on adoption the United
Sun Yat Sen wired asking the war Reparation sums. have successively States of America should be asked to.
becn assessed at £11,000,000,000 and summon, or to join, with Great Britain ships to come to his assistance.
£0,000,000,000 and latterly £2,500,000,000, in summoning, a world conference for the The Yunrarese forces are reported to though all of theac figures were zet in- purpose of making the necessary arrange
tended to be final, but merely payants, ments.
be running short of ammunition.
Hsu Chong Chi arrived at Chacchow on the 14th inst., and he is expected at
watow before the end of the week.
It is reported that the Captain second- in-ommand of one of the warships at Swatow has been assassinated.
WEIHAIWET RESTITUTION.
PROPOSED DECTS AGREEMENT.
RUSSIA.
on account At tho present moment it is probably impossible for Germany to pay With regard to Russia, evidence is not: anything at all.
wanting of a change in the policy of her In order that some basis may be found, Government, and it may be found that it is proposed to examine the position she is now prepared to give guarantees. from the standpoint of Germany's debt which wou'd induce the other nations to to this country being fixed at the amount grant de jure recognition. It should be which this country owes to America, fept in mind that in the discussions which £920,000,000.
have taken place on this subject Russia has always claimed de jure recognition The following is suggested as the and has endeavoured to withhold from manner in which the proposal should be other countries the benefits which would worked out, with appreciable discounts have resulted from de facto recognition.. for anticipation of dates of payments:- Circumstances have, however, proved L Germany should agree to pay the too powerful for the Russia Government, following amounts in respect of repara- and by degrees they have been forced to A mandato appoints Shon Shao-tang ations, exclusive of, and in addition to, the grant concessions to outside traders in co-director for the restitution of Weihaiset amount to be fixed as due by her in res dividually so se to procure necessaries for pect of reatoration of devastated areas in the country. Private trading has, there France, Belgium, and Italy:-
fore, “forced the pace," and the Govern ment, recognizing that have apparently Great Britain w
£20,000,000
come to the conclusion that their policy France
776,000,000 must be modified. 291,000,000
The main considerations which -185,000,000
necessary in this connection may be sum- 391,000,000 marized as follows-
PELINO, April 19th.
BERLIN, April 19th. havior of the sudden slump in the the Government, after deliberating with the Reichsbank, have decided to continue THE HAGUE, April 19th. The First Chamber, by 33 votes to 9, energetic action to support the Mark STRIKE AT WING ON'S FACTORIES. rejected the Bill to abolish summer time. and a decros will be promulgated greatly re- It is improbable, however, that the Govern-stricting imports and making it obligatory men will introducs summer-time before upon owners of foreign currencies to notify the authorities of the amounts they posses, CHEMISTS AND DRUGGISTS STRIKEL
June.
IRISH APPLICATION TO LEAGUE.
DOBLIN, April 10th.
In the Senate it was announced that the Government have decided to apply for mem- berbip to the League of Nations.
The application will be included in the League of Nations' September agenda.
LATER.
The Senate, by 16 votes to 10, passed a resolation that no action should be taken relative to applying for membership of the League of Nations without the consent of both Houses of Parliament,
CABINET CRISIB.
Srocknot, April 19th." Ex-Chief Justico Trygger has formed
LONDON, April 19th. Forty thousand workers in the chemical and drug trade throughout the country ard affected by the decision of the employers to reduce the wages of the shift workers. after agreeing to adjourn the main question of a general reduction, which the workers resisted.
Some of the men in London have already struck.
FARM WORKERS' STRIKE.
PROVISIONAL AGREEMENT
REACHED.
LONDON, April 19th. A provisional agreement has been renched for a wage of 25/ for, a 10-hour week, and
SHANGHAI, April 19th..
.
Two thousand employés at Wing On's Yaogisteps factories struck work owing to a dispute between the local and Cantonese foremen,
SHANGHAI RATEPAYERS'
-MEETING,
PROPOSAL TO ACQUIRE WATERWORKS
SHANGHAI, April 15th.
At the annual meeting of ratepayers, Yesterday, several sponkers criticised the Municipal Council for extravaganco,
The Council, however, succeeded in
ל י་
LONDON, Aprit Messages from Freigh and German sources show that the unemployed dis turbances at Mulheim were attended with serious resalto. A Mulheim telegram zid Berlin describes the demonstrators as SWEDISH disorderly. Communists and Trade Uni onista occupied the centre of the town and barricaded all exits, The Town Hall is under fire from rebels, who plundered a Cabinet representing non-Socialist opinion in the Norfolk farm strike-which provides passing all the proposals, including the gunsmiths' shops. Polico reinforcements inside and outside, the Riksdag on the from Duisburg oro hurrying up.
resignation of M. Brating Socialist Gd for each extra hour to 54-hours, so Proposal for the acquisition of the water.
Brranged me to secure a weekly half-holiday. | works as a Municipal undertaking Ministry.
The railways have decided to reduce the rates on agricultural produce from 75 per cent to 50 per cent. above the pre- war level, and on general merchandise from
6 per cent. to 00 per cent.
A Paris masago from Dusseldorf mys
The now Foreign Minister is M He the Mulheim demonstrators ontrenched themselves and held up traffic, whilst derstierna, Governor-General of Stockholm.
shopkeepers closed their promises and barricaded the windows, In the course of police encounters, four unemployed were killed, two are in a grave condition o coleven were wounded.
اللامي
The unemployed at Essen demonstrated at the Town Hall and demanded an in- orease in the.dole. The Burgomaster said he would communicate with the Govern. mont. The demonstrators later throw up barricaden in the suburb of Altenossent.
ACADEMIE FRANCAISE,
PARIS, April 18th The Academie Francaise have elestel the Church historian, Abbe Bremond, and the Vatican Ambassador, M. Jonaart, to mem- bership,
The Listorian L Louis Madelin and the dramatist M. Deporte Biche have so far tied in the allot for the third vacancy.
FOREIGN EXCHANGES.
LONDON, April 19th.
· Gorman · Marks, which were "quoted 'at between 145,000 and 148,000 to the £, closed at between 130,000 and 135,000 to the £.
French Francs finished at 70.25, Bolgian Franca wero 81. 25.
LATE MARCHIONESS MAIEDA.
Italy
Belgium
Other States
BIO
1. Other countries shall not interferi. £9,083,000,000 with the sovereignty of Hussis, and
Bossia ahall not interfere with theirs.
-II. Great Britain is debtor to the 2. Russia shall allow to outside nationals United States to the extent of £820,000,000, afl the privileges of private enterprise and is creditor to the Allies and Domin and trading.
ions to the extent of £1,280,000,000. If 3. Whore the property of outside. Germany pays Great Britain £950,000,000, nationals in Russia has been expropriate Great Britain should agree to cancel alle repropriation shall be made in such war debts due to her. If America receives
a form.as will give substantial justice. £320,000,000-due to her from England she should then agree to cancel all war debtayanced money on the security of the pro 4. Where outalde nationals-havo ad- due to her by all other States except perty of Bussian nationals and the pro- Great Britainperty has been expropriated, repropria
"IIL The cancellations would then be as tion shall be made as above. follows:
Great Britain U.S.A Fradec
Italy
Dominions.
Other Staten
CONCLUSION.
£1,280,000,000 Were the financial situation disposed 1,380,000,000 of an above, there would probably result 421,000,000 | what has been in contemplation for some
14,000,000 33,000,000 8,000,000
IV. Suficient, gudranies, as to liens, mortgages, etc., mast be given by Ger many.
V. The whole of the debts by Germany are to be funded, at least two years! moratorium being allowed to Germany in order to enable her to put her finances in order.
years- commercial and manufacturing liaison amongst the nationals of this. country, America, Germany and sult other countries as may be willing, for the restoration of the world.
On the other hand, there would be the gain of the only factor in inducing penena commercializing the nations out of their ideas, which are aggresive in either
· Pania, April 104L.
positive or negative direction. Further, Russia coming in, and a general arranges,
The remains of the late Marchioness
VI. The countries as a whole to guart and guarantees being arrived at, France would no longer be entitled to re- Maloda are to be cremated at the Pere notes the eastern boundary to France in in the high rate of expenditure on her accordance with the Poace Treaty fighting forces, amounting in 1923 to the la Chaise cemetery,
France to withdraw to the lines phe o cormous sum of 2900,000,000, and so sko The Marquis Maleda will proceed to upied prior to the invasion of the would be able to take the first serious step in the direction of balancing her Japan with the ashes in May,
Budget
Buhr.
(Continued at fool of next calums.)