CABLES.
LATEST CABLES,
(BROUGH RECTER'S AGENCY.]
REPARATIONS PROBLEM
180 HONGKONG DAILY PRESS, SATURDAY, JUNE 9TH, - 1993.
The New Fork Times is of the opinion the main obstacle to a settlement now is.
passive resistance in the Ruhr aren, but
the deround for its ressation were coded i there is every renson to believe that! France and Belgium wou'd be willing to Cançfor jointly with Great Britain and
FAVOURABLE, IMPRESSION CREAT-(only in regard to a solution.
ED IN LONDON.
Lesbos, June 7th,
Tu impression created by the German i memorandum has been almost unanimou ly favourable; even the intens dy France phile Mecwing Port joining the generat opinion.
HARLIER CABLES.
ALLIER NO NEARER A SOĻUTION,
LATEST CABLES, BRITAIN AND RUSSIA. OPTIMISTIC FORECAST
"MOSCOW.
FROM
Loanes, June 7th. The Daily News Moscow cariespondent reports that forest regarding the Russian reply to Gent Britain predicts practical agreement on all points except the recall of the Sorigt Ambasques at Teheran and Kabul
The Note will contain a proposal that compensation for damage shall be recip
rocal.
*
FAR EASTERN CABLE BANQUE INDUSTRIELLE
NEWS
THROUGH **UTER'S AGENCY.]
SHANGHAI COMPANY LIQUIDATION HONGKONG GOVERNMENTS ACTION
CRITICISED,
ShaNDRAI, June 8th.
At an extraordinary morting of Maler
'SIR PERCY COX.
FAREWELL MESSAGE TO IRAQ.
"PROSECUTIONS
EXAMINATION OF M BERTHELOT.
Sir Percy Cox iudited the following PARIS. June 7th. message to his friends in Iraq before his
On the resumption of the hearing of departure:-"Owing to the fact that my the Banque Industrielle case, M. Berthelot recent visit to London was prolonged to a much later date than was anticipated, the was questioned regarding the failure to
| hype entertained of meeting many friends stablish a reserve against Treasury claims in the province before leaving the saunter on neomnt of the war profits tax. He de could not inke shape, with the ersolt thins I now lease your shores without a personál farewell to mutly whom I had looked for. ward to seeing again. To you I offer my earnest wishes for youé welfare with the assurance that you will ever be remember! with affection.
& Co. Ltd., at Shanghai, the Chairman, (clared that the Banque had not made war proposing the voluntáry winding up of profits.
the Company, alleged that the Hongkong The Judae drew his attention to the Government had commandered the Con-allegation that he (A. Berthelot) had sold 1 of the Barque's shares before the pany's ships during the war for purposs
crash.
Bosnas, June 7th. The German Note his been handed to the Allies. It dwells on the offer to necept! AUSTRIAN REHABILITATION neither contested with the" war Bar the the decision of an impartial international
That the intest offer is a vast improve ment in both tune and cartents uni its pre-, body regarding the amount and method, ¢!rv$NCT£ is recognised, The terri guurnatees are a long step forward, and them are estimated to reali £,000,000
payments &
of payment of reparations, and répqats
¦ the request for a conference to decide how i
Germany can best discharge her obliga.
The
LOAN.
The accused replied tluit he sold dis
in 1920.
יי
GENEROUS BRITISH POLICY. "It is a source of gladness and relief to
generous and broad-minded policy of His Majesty's Government, has been given de- Tha expert who investigated the finite expression in the announcement Banque's position gave evidence that large made, both in Lendon and Imq. This eredits were
granted to undertakings announcement kas, I trust, made clear to all the trend, and object of that policy, namely, to assist the State of Tray to stand for admission to the League of Nations at the earliest possible monent, at any rate i within a period of four years from the date
of ratification of the Peace Treaty."
THE VACANT PREMIERSHIP.
CONSTRUCTIVE EFFORT TO RE for profitering purposes;, but owing to
defence of the Colony, and had used them shares in 1019 and bought over 350 shares me that while I am yet in this country the
the Indemnity Bill the Company had no redress and was thereby driven into liquidation and bankruptcy.
[This rubiect was discussed in the whose stability was doubtful. Legislative Council in August last year! when the end reading of the Indemnity Bill was taken. The shipowners concern
od (eight companies in all) presented a
Pexisa, June 7th. petition and engaged counsel to state their views on the subject. The Colonin!
As Chang Shou Tweg definitely refuses a first schema to reconstruct Austria's (conomic then acting in that capacity as
Secretary (the Hon. Mr. Fletcher, was
now) to sume office, it is believed that th made a fall statement on the subject, premiership will be offered to Dr. V. K. emphasising the point that the Hongkong totalling Government had been merely an agent in Wellington Koe or Mr. W. W, Yen.
the matter, acting under the instructions of the Imperial Government which it had
PAIR RAVAGES OF WAR.”
LowDay, June 7th. annually at the outset, and to largely in
Austrian Loan is an historieni erense as economic activity is restored.
tions, saying that an oral discusgen is event which represents the first construe The repeated desire Espressed, by Ger." esse itial, The Note offers to substitute a tive effort of European statesmanship to many to refer capacity for expantion scheme of annuities, if loans on a b`g scale repair the ravages of the war. The loan
an interuatious! Lods, is he impracticable, and offes guarantees in
was Heated under the auspices of the çonsidered a very reasonable request, On, the shape of the railways and
League of Nations, in pursuance of a the other hand it is point d cut that there.
murtgage on real estate, each of which life. are many satirat omi sions, such as 11 1:3
American absence of a firm sum for indemnity and will produce five hundred millions of gold The
portion. Likewise, it suggests £5,000,000 in 7 per cent. bonds, at ninety, proposate for · the stabilisation of the marks anuwaily. mark, which is inextrieulfy bound up in pledging the import customs duties on can., is to be dated next week. Issues on the 2 solution of the question as to how long umable neuste esitles, and the exeise on Continent of Europe will follow later. aumaities will be allowed to
run, up tobacco, beer, wine and sugar, and the whether payments in kind shall continue, receipts of the spirits monopo's.
NOTE ACCORDS. WITH LEADING
GERMANY OFFERS TO SUPPLY
„NECESSARY - INFORMATION.
The Note offers to supply the inter national body with all available informas tion necessary for forming a realiab'..! judgment on Germany's tapacity to pay, und to throw open for issppetion all her financial records and furnish & taily of the reș ures of German industry and basin ss, eleven millions sterling, at six per cent. Th interest of five per cut, on bonds of bat a price of eighty, is in progresS, “ tes milliard did marks would be a diret
ECONOMISTS VIEWS.
The Tiara declares, that the Note accords with the views of erbumnists and Anancial experts in all the leading coun- tries, including France and Chinks that the latter's apparent unwillingness to con sider the memorandum is because as pabciation of passive, resistance in the Rahr a was not promised which is hardly renamalı)». Like other news- papers, the Times supporta the proposui for a confereues and believes that if the
first charge on the German railways from July 1st, 1927. The tige business indus
zumorandum be rejected, Germany willry, banking, trade, trafike and agricuturo
abando any further attempt and poli) tical and social chaos will result, and?
this put the hope of recovering sulatan tial reparations beyond the bounds of possibility.
The Westmineler Gazette thinks that Great Britain would probably settle on the basis of the Note but for French- opposition.
The suggestion has been made in somo
quarters that if Frane maintains an anbending attitude, Great Britain may be forced to strike out on policy of her own.
PARIS NEWSPAPERS CONDEMN MEMORANDUM,
of Germany would be oncerned in the
of frehundred milliona bing levied either indirety in the form of a general tax on
specific
Holders of Austrian Yearling Treasury Bills are to have the right of conversion Ito the hus Ban, and, according to thy! Belleguerine Zeitung $2 per cent, of the bills hava aftruly been convertel.
EARLIER CABLES,
LONDON, June 7th.
PRESIDENTIAL
ORISIS AT
not en able to vary one jet or titile, BS COVETEY OF “THE DAILY BULLETIN."'] The Imperial Government itself passed? an Indemnity Act and the Hongkong Government had the choice of coming hider that Act or passing an ordinaner te fit local conditions, The Government !
dopted the latter course.—ED]
SINO-JAPANESE RELATIONS.
| FOUR JAPANESE DESTROYERS LEAVE FOR CHANGSBA,
TOKYO, June 7th: The Nichi Nichi states that four
Underwriting of the British portion of destroyers are being, despatched to Chang- the Austrian loan to the amount of
OUTRAGES. IN FRANCE. CHARGE AGAINST ROYALIST NEWSPAPER DIRECTOR.
4
PARIS, June 7th.
vha.
CHINA'S FIVE DEMANDS.
PERING, June 7th.
The Note from China to Japan, for.
the Local Authorities;
PEKING.
Pekiya, Jabe 7th. President Li Yuan Hang has issued aj circular telegram last evening to the Provinces, in which he di clares that since his resumption of office he has worked hard for the welfare of the
country.
President Li Yuan flung says he does not desire to cling to office, but as long
4
"I enn inngine this propect will be con. tenplated by the more optimistic among you with unalloyed satisfaction, while others less sanguine will have misgivings as to their ability to make good within this con paratively short time. But upon one point there can be no divergenen of views, name- ly, that if the ends above mentioned are to he, attained, there must be from this day forward the fallest co-operation among all patriotic Iraqais of whatever shade of opinion in the past, both in the administra- tin and outside it, and the loyal support of or King and Governm nt. You have no time to waste in party discussion.
SYMPATHY OF NEW 'HIGH COMMISSIONER.
"I exhort all of you to sink any differences thu hitherto "lave existed among you and pursu a common tak. namely the speedy qualification of the State for admission to the League of Nations. You may rest assured that in the national Constitution remains un-pursuit of it you will have the fullest sympathy and cooperation of His complete he cannot have the nation in
Majesty' High Commissioner and of officials whose sympathy for the n state of lawlessness.
legitimate aspirations of the people of Irno and Zeal for the establishment given then coumge to persevere in their and progress of the
rew State has
devotion in spite of the continuous services in this country with BES
Bent
The President refused to accept Premier warded on June 6th, in connection with Chang Shou Tseng's resignation, and the Changsha incident, demands, firstly, despatched Chin Yan Yeni, Vice-Minister the punishment of the Japanee emof War, and Liu Chi Chow, Minister of mortgage en real estate, the annual durs: As a sequel to sveral recent streetmander of marines; secondly, an indem the Interior. to Tientsin to persuade the il
attacks by the members of the Royalist nity for theso killed and wounded;
Prenier to return. organisation, the Camelote Du Roi, on thirdly, that the commander shall their political opponmis, the authorities apologis to
President Li Yuu Hung ako have arrsigned M. Maureas, the director fourthly, that the Japanese Government General Wang Chi Hsiang 'to Protingfu of the Regalist mewspaper Action Francal, shal apologize to China; fifthly, that in order to learn Tsao Kun's views. on a charge of complicity.
Japan shall give a
Chinese circles regard the recent crisia guarante that.
as a Presidential rather than similar troubles will not decur in future.
• Cabinet A previous Note to Japau demanded crisis, which has been brought about to the withdrawal of the Japanese gunboat place Tato Kun in the presidential chair. Pushimi, China understands that Japan A prolonged crisis occurring at this has complied with the demand but is time is most serious for the country. If
ending another gunbont.
The Note of the Premter does not return, the President June 6th demands the withdrawal of this may nomininte Dr. C. T. Wang, or failing him, Wu Yu Lin, as acting Premier long
all classes of property or on objects of the mortgage.
RESERVED ATTITUDE IN BRITISH OFFICIAL CINCTES.
LONDON, June 7th.
There is reserved attitude in British official quarters regarding the German Note, which is likely to las considered by the Cabinet at the earliest possible mo ment. It is suggested that an inter-allied exchange of views may follow.
BRUSH, June 7th, M. Poincaré has left for Paris.
GERMAN COMMUNICATION MERE- LY A MEMORANDUM.
PARIS, June 7th. The Paris
wspapers unanimously consider the German proposals unaeopt able, owing to the iradequɛry of the sums offer.d, the request for a muratorium, and
BERLIN, June 7th. the proposals for arbitration and a con- ferenor, which, it is declared, are merely To-day's communication hes not gut the¦' intended to obtain a new reduction of status of a "Note," according to a soni. official message, declaring it merely a Franco-Helgian credit. The propens are considered especially unsatisfactory memorandum airing at a facilitation of because the cessation of passive resistance the resumption of the exchange of views, is not mentioned, “
by elucidating and elaborating thone points of the last German Noto, which were common to all the Allies' replies.
INTER-ALLIED CONVERSATIONS
MORE HOPEFUL FEELING IN
BELGIUM
BRUSSELS, June 7th.
UNNECESSARY.
..
INDIA'S OPIUM REVENUE.
VAST SUMS DERIVED FROM EXPORT.
Jf
THE LINCHENG OUTRAGE.
Loxoox, June 7th. In the House of Commons, replying to yurstions, the Under Secretary of State for Indis said that the gross revenue of gunboat. the Government of India derived from
the export of opium, in the year 1921-29, was 23,134,068 rupees and from excuk NEED | 23,121,477 iupees, the fatter sum not in- eluding the Licence leeg, which in the previcus your were 10,915,940 rupees. PROHIBITION IN WISCONSIN
MADISON, June 7th.
The Wisconsin State Assembly bas
voted by 47 to 43 in favour of a repeal of the State Prohibition Enforcement
Lil W
RUSSO PERSIAN TRADING.
Era, June 7th.
a
A messages from Moscow states that Soviet trade delegation will be leaving
for Persia this week.
A ROYAL VISIT.
THE HAGUE, June 7th.
The Eloi la Belge says that the German
Paris, June 7th. vote has disappointed Belgian ministerial
Political cieles unanimously regard the eircles, although it is considered to show Gorman Note ng unaereptable because it certain advance as regards' pledges and does not mention the cessation of passive guarantees. Therefore, it would not be resistance, therefore they are of opinion King Haakon of Norway has arrived at a matter for surprise if the British, that the inter-Allied conversations are un- Amsterdam. He was banqueted by Queen French, Italian and Belgian Governments
Wilhelmina at the Palace, and cordial) nok shortly. It is thought the meeting
speeches were exchangel. - would probably take place in London and would jointly discuss a reply to Germany. AMERICAN PRESS COMMENT,
NEW YORK, June 7th.
With the exception of the Tribunt, which sees in the German memorandum
necessary.
OCCUPATION ACTIVITIES.
KRUPP WORKS RETAINED AS PLEDGE.
PARIS, June 7th
A momage from Coblenco states that
COUNTY CRICKET.
The
YOU CONCERTED ACTION, BY
THE POWERS.
D
LONDON, June 7th. Times gives promenace to message from its Peking correspondant, who declares that foreigners in China are firmly of the opinion that the Lin- cheng case ought to constitute the turning point in the relations between China and the foreign Pawora
enough to tide over the Dragon Festival,
CABINET FRICTION,
my
it will be my estant interest in in the political situation. Under Presidence,
retirement to watch the growth and progress of a State with the early days of“ which I have been so closely associated. I bid you all a regretful farewell."
CROCODILES THAT ATE CHILDREN.
In a letter to a friend in Bombay, Mathew Georg an Assamole colliery manager, describes the shooting of two monster grocodiles, one fr feet and the other 16 feet, in the district of Bhagalpore, where there a tributary of the Ganges. Mr. often visits the locality. And
Was bee by the inhabitants to visib the lair of the crocodiles, which had reluced the district to a state of terror, having rectly davoured two children, aged 16 and time. Arriving at the lair of the
he sighted a crocodile, were sanning themselves on
dozen which mid-streams. From a Funge
of 500 yards, le smushed the skull of one, and before the others took to the water got a secondl. Inside one of the crocodiles were found ornaments, which the parents of the missing children identified as belong- PERINO, Juce 7th
ing to In addition to the Cabinet's ciréatar, are in great demand, the local belief being to the boy and girl. Three ornamente General Feng Yu Hsiung also circularis-that rings made from them will render the ed the provinces declaring that President wearers immune from disease. Mr. George Li Yuan Hung had been interfering with has been treated as a hero by the residents, the Cabinet's functions.
and has made a promise to pay another visit.
The telegram almost amounts to a de leave office. mand that President Li Yuan Hung should
There has been considerable friction
HIGH PRIVES AT CHRISTIE'S.
There were 'tome notable sales of old masters at Christie's on May 111h. Mr. Rochells-Thomas paid 5,000 guineas for a portrait of Miss Dians Sturt sold to the woodland scens by J. Crome. Romney's Galleries, New York, for 3,000 guincas. Ferrars
recently between General Feng Yu Hsiang and President Li Yusu Hung over the control of the Peking octroi. The message says that all business with duced the Cabinet to dismiss the chief of
General Feng Yu Hsiang recently in the Chinese Government has become im- the ottrui, who is President i Gainsborough's portrait of Lady Fer possible. There are thousands of unpro Tu Fi, who is General Feng Yu Hsiang's Fung's appointee, and to appoint such tected foreigners in the interior, and the supporter.
brigands will inevitably repeat the Lin- PREMIER DECLINES TO RETURN. cheng outrage in order to blackmail the
PEKING, June 7th. Government, if precautionary measures
The Cabinet chief secretary, Chang are not taken. It is essential that the Ting Tao, who accompanied the Premier Toreign Powers now assert themselves in Tientsin, returned to Peking to-day and Borne signal manner, and there should be informed the President that Chang Shou no difficulty in regard to a concerted lino Taeng could not return, and that the
sulis from a foreign standpoint, and of action which would give satisfactory President must find a successor, also prove a blessing to the helpless mais PREMIER DEPARTS FOR TIENTSIN.
Chinese people.
PREMIER'S STATEMENT BEGARD. INGLINCHENG OUTRAGE.
STRONG PROTEST OF DIPLOMATIU CORPS.
PEKING, June 7th. Premier Chang Show Theng, with his family, has gone to Tientsin.
ARREARS OF WAGES..... MOVE INSTIGATED TO EMBARRASS THE PRESIDENT
of Gainsborough's two daughters went to sold for 3,200
guineas. The famous picture
probably go to America, as also Gains Messrs Kucedler for 2,000 guineus and will
borough's portrait of himself, his wife and child in a landscape, which sold to Messrs. Knoedler for 3,000 guineas. The same firm also acqired Gainsborough's "Rural Court- ship" for 2,300 gaincas,
AS A NOVELIST'S METHODS.
Meditatively lunching at an adjoining table to maine the other day, Bays a writer in a London paper, was a loan tail young man, well browned by the sun of warmer climes than these, It was Ste- phen MoKeans, the novelis, who some months ago felt these shores on a tramp LONDON, June, 7th.
steamer for a prolonged tour of the At the Oval, Surrey dofnated Leicester:
West Indies and has been back in town PEKING, June 7th.
only a few days. Tours abroad
are hig shire by an innings and eighty-five. A Note from the Diplomatic Corps,
rolaxation between novels; he says they Leicestor in the first innings scored only forwarded to the Waichiaepa (Chinese
clear his mind of a finished book and PAKING, June 7th. 64. Poach taking :0 for 31.
Foreign Olion) to-day, expresses profound Burrey in
prepare it for a new ono. Ho begias one astonishment at the statement made by The representatives of the police and pretty soon. His method is to abut taking 4 for 40. Leicester in the second elect that the Diplomatic Body, were to Yuan Hung. today and requested pay chambers-refuse all
Ian-whore the solicitors browse in their all invitations, deny venture scored 66. Hitch taking 6 for 27, blame for China's failure to obtain the dent of the arrears of wages.
Lancashire boat Glamorgan at Cardiff spendly release of the captives in the Ein- President Li Yuan Hung promised to and its affairs, and bury himself in work. himself to all callers, forget the world by un innings and 184. The Lancastrian, cheng outrage. The Diplomatic Body find the money for them shortly
protests against the statements, both on It is suggested in some quarters that hour's walk to the
In these spella ho goes out only for an in their second inings compiled only 52, the depiarable lack of international President's opponents in order to embar or three months. Most other novelists of E. Tyldesley, knocked up 114. Glamorgan account of their flagrant inaccuracy and this move has been instigated by the manage to get a book completed in two jack daily, and
Parkin taking 6 for 30.
courtesy displayed...
the usual evasiveness and no weaken the military have occupied the metal their first innings compiled 215, Geary the Promier, Chang Shou Tsong, to the gendarmerie interviewed President self up in his sceluded rooms in Lincol
ing of the great German obsession of her luxgien! establishment at Nieuwied and capacity to escapo the penalties of the Engers, belonging to Krupps, which wit War," the newspapers consider Ger- be retained as a pledge until the twenty many's memorandum a great advance, on milliards of marks coal tax, duo from previous reparation offers.
Krupps, be paid.
∙rass him,
Bole fake eight or nine.