THE
266
BODENMARK.” GERMANY'S NEW CURRENCY.
THE HONGKONG DAILY PRESS, MONDAY, SEPTEMBER 24TH, 1923.
· BRITAIN AND FRANCE. "NO CONFLICT OR DIVERGENCE OF PURPOSE"
AN ALBANIAN FRONTIER INCIDENT.
LATEST CABLES, [Trevon AECTER'S AGENCY,
THE "BODENMARK"
GERMANY'S NEW CURRENCY.
11
BERLIS. September ul. The Bill for the creation of new cur Tenty provides for the establishment of a currency bank in agriculture, industry. trade and commerce including the trans- portation and banking world and pro- perty owners,
The new money will be called" boden. mark." The bank will be independent of Governinent intervention its capitul, which will be tix free has been fixed at two thousand four hundred million bxlemarks.
LATEST CABLES.
GREAT BRITAIN AND FRANCE
SPECULATIONS REGARDING THE MEETING OF THE TWO PREMIERS.
LONDON, September 2nd,
It is expected that Mr. Baldwin will
next week acquaint his colleagues of the
LATEST CABLES. ·
NATIONAL TRIBUTE TO DUTCH ROYAL FAMILY. PRESENTATION CEREMONIES AT DELFT.
DELFT, September 2nd. The ceremony of the presentation of a national tribute to the Queen. Queen Mother and Pritress Juliatin, consisting of the restoration of the chancel of the
chief church in Delft, was held in the presence of Ministers, Princes of Java -and Dr. Eugelenburg, special envoy from
South Afrien.
The Queeu, in replying, referred parti- cularly to those residing overseas who had contributed to the gift, aul to the guests representing those of the same stuck.
BIDS FOR BATTLESHIPS.
results of his interview with M. Poiners ES. GOVERNMENT DISARMAMENT
While no dramatic developments are
PLANS.
LATEST CABLES.
THE EARTHQUAKE IN JAPAN.
RECONSTRUCTION COMMISSION'S
ACTIVITIES.
Toxro, September 2nd, The Reconstruction Commission held its first meeting on September 21st,
It is reported that it has decided on the issue of an ediet, empowering the Government to buy and sell building unterial and daily necessaries to the value of one hundred million yen and to prohibit at its discretion the export of
the same.
The Authorities are reported to he undertaking an immediate survey of Yokohama harbour with a view to effect-
EARLIER CABLES.
ITALY MASSING TROOPS.". 'A PRECAUTIONARY MEASURE?
"RIGHTS OF WAY.
CHANGES THAT THE WAR 'HAS
BROUGHTS
MALTA, September 21st. Passengers arriving from Sicily describe the huge barracks at Syracuse, where great military activity is proceeding, "Asarily involved. cording to Romy imessages to the Malta Chronicle, Italy is still massing tops near the Finns Frontier, ostensibly prepar ing for great autumn manœuvres, but it is believed with a view to check any sur prise attack by Yugo-Stavia,
AMERICA'S CLAIMS FROM GERMANY.
LONDON, September 21st, Mr. Boeynge, the American agent on the Mixel Chains Commission, interviewed by Reuter on his arrival from Germany,
snið þe believed there would be a complete ing repairs. It is estimated that the
settlement of the American claims against to be expected, it is pointed out that
New York, September 2nd expenditure will reach..ten million yen."
Germany, which aggregated fifteen hun The Government is inviting bids for:
tired million dollars within eighteen FURTHER BRITISH DONATIONS. something of the greatest importance has i
month. The Commission's decisions for been achieved; namely, the re-establish- twenty-one battleships and cruisers which
The Lord Mayor's Japanese Relief Fand
arttling the fundamental principles govern ment of mutual confidence between the Wyre scrapped under the dimrmament] ·
at heads of the two Governments. So long treaty. Six of these will be sold on has reached £200,000. To-day's donationsing, the claims would be handed in
October gathi: númely, the South Dakota, included one of £550 from the famous Washington in October, fudham, Maulena, United States, Forth; dancer Pavlova and 240 from two fishing Carolina and the Constitution,
15
as doult and suspicion existed these was The blenmark will consist of a hu
lut little change for an čeonomie ör! dred boden pleunigs, and one bodenmark will be worth 4.338 gramines, of fie gold, political settlement-in Europe..
The bank has been authorised to grant loans to, the Reich during the next two years in bodensaarks, up to two milliards.. and after two years the bank will be liquiinterl.
It has now been established that there is no conflict or divergence of purpose Their between the two Governments. common objects are to btain, repara- tions from Germany and to restore the economie life of Europe.
The Reich will forthwith receive from the "bank a loan. Free of interest, of three hundred million bodenmarks, with which Treasury Bills discounted by the Raichshank will be redeemed, while theplicate Anglo-French relations." Reichsbank on its part will lay back against bodenmarks the Reichsbank paper money in circulation.
It is pointed out that developments in Germany may automatically remove some of the issues which have tended to com
EARLIER. CABLES,
Benix, September 21st. The Reichsbank is arranging to issue ane milliard mark banknotes, 3vat prices are so high, that a number of shaps are offer. ing dog's flesh.
LATEST CABLES.
ITALY AND GREECE.
STORMY INTERLUDE ON ALBANIAN FRONTIER.
PREVEZA, September 21st.
A stormy interlude occurred while the Allied Mission investigating the Janina "antarders was at the Albanias frontier post Kakavia.
An Italian delegate endearoured to pass a party of armed Carabinieri into "threek territory for the purpose of main taining a courier service between Janina and Italy, also to safeguard personal security, at the Greeks protested" that the proposal was another invasion of their sovereignty:
NEW YORK PRESSMEN'S
STRIKE
APPEAL BY UNION PRESIDENT.
NEW YORK. September 22nd. Following refusal by most of the strikers to regume under the auspices of the
International Pressmen's Union, the President of the Union appealed to all members of the local union through- out the country to come to New York the presses. Ho Cordial comments made by the French forthwith anul man and Belgian Press are greatly appreciated announced that all expenses would be in London and the change in the atmos-refunded and lost time compensated.
STRIKERS ELIMINATED. phere is hand to assist materially ang
NEW YORK, September 2nd. further interelinge of views.
The Publishers and the Pressmen's Union have signed a contract eliminating the strikers.
"CONCESSIONS GRANTED TO
EARLIER JABLES,
"HOPES OF A REPARATIONS / SETTLEMENT.
LONDON, September 21st, Mr. Baldwin and party arrived at Vic torin. The Premier declined to make any
staturaent.
וי
PRESSMEN.
NEW YORK, September 22nd. The contract gives the Pressmen an increase of three dollars per week, a forty-five hour week for day workers and forty-one bours for night workers.
EARLIER CABLES,
New Yong. September 21st.
A joint. Committee of publishers and the International Pressmen's Union has been
LONDON, September 21st, Renter states that while most gratified at the cordiality of the French Press, well- informed circles in Loudes are very canti- ́ous in expresing at opinion with, regard to the outcome of the Baldwin-Potucare appointed to make arrangements whereby interview, pondling further details, but it the Union can fill the striker places. is suggested the seminutique issued abs Paris may mean that M. Poincare has de- finitely dissipated, British suspicions with regard to the ultimate objects of the CHAMPION RACE HORSE OF THE French occupation of the Rubr. As re
#
LATEST CABLES.
WORLD OF SPORT.
WORLD.
PAPYRUS SAILS TO COMPETE FOR TITË
SOUTHAMPTON, September 22nd, Papyrus accompanied by his stable; companion Bar Gold, sailed on the
villages in Cornwall-
MELBOURNE, September d. The Japanese Relief Fund has reached
£60,000 ARCHBISHOP OF CANTERBURY'S APPEAL.
3221
LONDON, September, 91st.
·The Archbishop of Canterbury has issued
appal for the Earthquake Fund,, THE PARIS FUND.
PARIS, September 22nd." The Japanese fund has reached 475,000
franes,
EPISCOPAL
NEW PRESIDENT OF PORTUGAL
When in the emergency of the Greate War the Govorament had to build huge. munition factories, aerodromos and mili- tary camps all over the country, the all- tion of many popular pablic footpaths and time-honoured rights of way was neres- The authority to close such avenues temporarily was in many ces found in the provisions "of the Defence of the Realm Act and similar now the position in regard to many of emergency legislativo enactments, and them is underguing review by the tribunal known as the Railway and Canal Commis sion, which is composed of Mr. Justice Lush (a judge of the King's Bench Divi sion), Mr. Tindai Atkinson, K.C., and Sir Lewis Coward, E.C.
During the past week, writes a legal correspondent in The Dhierver, this bedy has spent many days dealing with foot- path questions, and, in numerous casca where the Government are expecting, to soll areas so devoted to war equipment or have not yet decided upon their policy the footpath closing orders have been. extended to dates in 1924 or 1925,
In other cases, and especially where it has been shown that the Government are purchasing the land and making the camps or aerodromes permavent, the clos ing orders" have bees confirmed for all · time, though in all cases where it is prae- ticable, alternative routes to old rights of way have heen provided. Permanent closing orders have been made at the Howden Airship station in Yorkshire, at the famous Richhorough, port in Kent, and Minchinhampton in Gloucester, the Gretha factory, the Hawkinge and Biggin Hill aerodromes in Kent, and many other parts of the country,
There were some interesting passages: in court when the case of 'closed rights of way at Gretna Green was discussed. It was mentioned that some on the Scottish side had been permanently extinguished
LONDON, September 91st, His Majesty's warship Carysport will shortly conveys Senbar Teixeira Gomes, the Portuguese Minister to London, who was rights of way by the Dumfries County Preoutly elected President of Portugal, to Council, under the Scottish Roads and Bridges Act of 1858 In regard to the Lisbon, where he will be sworn in office on English isde none of the public bodies October 3th.
SOVIET BANKS FACING A CRISIS.
Riga, September 21st. The Soviet Press reports a financial crisis in Petrograd and other cities, owing to the Soviet Inks limiting the scope of their Their turnover has fallen operations.
few
MISSION LOSSES. Tokyo, September 2nil. The Anglican and American Episcopal twenty per cent during the past Missions in Greater Tokyo' officially re port that eleven churches, including Trinity Cathedral and eight institutions including the Tsukiji Boys and Girls'
Schools and St. Luke's Hospital have been burnt down. Fourteen churches and wino institutions have been damaged by the earthquake,
The foregoing list does not include prí vate residences of missionaries and nativ workers; of which several ure known to have been destroyed, nor pliers outside Tokyo, where the losses are h'so consider. able
THE
LENIN" INCIDENT EXPLAINED.
OSAKA, September 2ul.`
gard a suggestion that an Inter-Allied reparations conference may shortly be held, it is felt that if the preliminary conversa tions went well, undoubtedly that would be the next step, but much clearing of the Cunard liner Aquitania for America this ed to accept the offer of relief supplies According to a reliable report in the afternoon. The question of a jockey has from the steamer Zenia.
A menacing situation developed whien Laster an hour, when the Japaarse chair-ground would be necessary previously The Premier will also undoubtedly wish to man's intervention resulted in the sol-
obtain the views of the Dominion Premiers diers being ordered to retura lo Valona.
on reparations, na such a step would -ROME HONOURS THE JANINA
strengthen his position considerably. VICTIMS.
Nous, September ind. The Obsequios in honour of the vic- tinis of the Jazina massacre were of a most imposing description.
LATEST CABLES.
IMPERIAL CONFERENCE. CANADA'S CORDIAL RELATIONS WITH MOTHER COUNTRY:
QUEBEC, September 21st.
not at present been decided,
MARSTON WINS U.S.
OPEN AMATEUR GOLF CHAM. PIONSHIP. Chicago, September 2nd Max Marston beat Sweetser (the holder) in the final of the American Open Aurateur Golf Championship at the thirty-eighth hole.
THE BZMI-FINALS. 12 In the sormi-final Sweetser bent Gardner by 8 and 7; Marston beat Ouimet by 3
In a speech prior to leaving for and 2.
MARTIAL LAW IN SPAIN.
MADKID, September 21st.
The military Directory has issued a pro- elamatian establishing martial law, and authoring the summary handling of wedi- tionisty, saboteurs and other plotters against the welfare of the State.
THE LEAGUE'S LATEST RECRUIT
GENEVA, September dist The Hydjaz has applied for admission to the League of Nations.
TYPHOON INSURANCE LOSSES. The following is from a Lonkon paper received by the latest mail:
Considering that the typhoon which swept Hongkong on August 18th is dis erbed as the wok experienced there since
concerned, nor any members of the pub- lic, had put in any objection to the clos ing being made permanent, and Air. " Giveen, counsel for the Crown, observed that there seemed to be no great anxiety to preserve these ways.
One of the most interesting of the cases related to an old right of way near to which has been built a war factory nad buildings at Coventry. The application. for permanent closing led to the appeare ance in court of an old inhabitant, who- bewailed the fact that a delightful cou~ try walk has gone and the new path pro
barbed wire. It was pointed out to him vided is fenced with corrugated iron nach that the actual restoration of the old right of way would involve the pulling down of substantial-structures built at great expense, and he was reasonable ecough to agree that this was too great a price. to pay. This can never be Sweet Auburn' again," he was assured, and the Court mitigated his natural disappoint- meat by thanking him for his attendance and allowing his expenses..
Another case from Coventry concerned' right of way that zig-zags through the actual houses an estate developed. for the munition workers. "I don't think Coventry people will, want all the houses pulled down to restore this right of way," commented counsel. "If there is any town in England that benefited by war éontracts it was Coventry, and the hous ing question is a very urgent one there.
FLOTSAM AND JETSAM.
In Germany the Bank-rate was ruiged last month from 18 to 30 per cent.
Attention is being called in Australiz to the number of immigrants who, try to return to England as stowaways.
At Kew Observatory on July 12th a
The Japanese Government fully intend-1906, the effect on the Loudes insurance temperature of 91deg. F. was registered, market promises to be fairly light. Some establishing a new July "record" For the little time must elapse before underwriters station,
can feel assured that all is known. The
losses are not yet ascertained respecting A big programme of public works is the Changsha ashore, and the Helik, being undertaken in South Australia, in- Mauila to
railways.
Mainichi the Naval Authorities at Yoko / native-owne kek, overdue. A number of cluding an expenditure of £4,250,000 on
hama refused permission to unload.
The Mainichi, quoting the remarke of Russian professor from Vladivostock who was aboard the Lenin at the time, and who has since arrived in Japan, says that the action of the Authorities was due rather to the indiscreet remarks of Russian delegate aboard anent, the purpose of the visit, than to a belief in
A number of Royalties, Signor Musso. lini, members of the Cabinet and mem- hors of Parliament were among the "assemblage which awaited the arrival London, the Premier, Rt. Hon. W. AL CHINA WINS FOURTH AUSTRALIAN the propaganda aboard.
the remains at the stan, where Mackenzie King, declared that he was they were placed on gun earringes at privileged to go to the Imperias Con- the head of a great procession to theference without a single griovance, and Church of the Holy Apostles
مرده
TEST MATCH.
SYDNEY, September 22nd..
Regret is generally being expressed here at the incident.
In the fourth test match Chion defeated SURPRISE EXPRESSED IN RUSSIA
AT JAPAN'S ACTION.
'LONDON, September 22nd.
OBITUARY.
MR. C. HARVEY DIXON.
ho could say that Canadian relations Australia by 3 goals to one. here were enormous crowds in the with Britain and all parts of the Empire streets, and business houses closed as "are of the best. the corege passed, while peply polted flowers hom housetops, balconies and acroplanes is the funeral procession pro- owded along wis the Nazionali
WCB
Canada has no question to raise at the conference and does not desire any change in the constitutional relationship with Great Britain.
Diplomatic representatives were pre-
He emphasised that this was far from
sent at the church service which
an attitude of indifferenes, and as long celebrated by the Cour Chaplain. as the present happy, conditions prevail The bodies of the vitim vero sub-friends of Caandu and friends of the sequently conveyed by trai, each to bis British Empire need have no exncern for native place.
the future of either.
Loxox, September 2nd. The death is announced of Mr. C. Harvey Dixon, Conservative member of the House of Commons for Rutland.."
MR. DAVID HENDERSON.
LONDON, September 22nd, The death is announced of Mr. David Henderson, at the age of eighty-three, formerly Engineer-in-Chief to the Chinese
Maritime Customs,
According to Soviet telegraph agency reports from Moscow, the refusal to admit Russian ships to Japan has amazed
the workera
The Rabotchaya Güzelte says that Russian workers' organisations will still try to continue relief work.
The Pravda declares that the Japanese Government prefers to admit American torpedo boats rather than Hussian gram.
launch
German first and second class railway
vessels, the new river er Hang Chow, and a number of and lighters are also shore, and it will probably be several days before the market
third and fourth class 250 per cent., and has full knowledge of the losses which fares were to be increased 300 per cent.. have been incurred in the typhoon, for goods in lighters and warehouses are freight rates 100 per cent, on August 1st, covered under the marine policy after they
Yurious estimates are made of the estate have been discharged from the vessel in which they were transported. The Gingo of the late President Harding, ranging The recent Maru is expected to be refloated, while the from 2500,000 to $800,000. Chak Sung has been refloated. This vessel, sale of the Morion Star is said to have. and the Zonny Sung are both covered in realised: over $400,000. London. The insured valus of the Chak Sang is £102,400, and that of the Loong Sang £30,400.
OFFICER'S FAY.
20 PER CENT DROP IN THE ARMY.
The prospects of the French harvest are such that with the addition of supplica from Algeria, there will be enough cora this year for national needs without any importation from abroad.
New works and improvements which are to be undertaken in the Port of
It has been decided that the pay of London at a cost of about £5,000,000 in Army officers shall be reduced next year clude an extension of the Surrey Com by about 20 por cent, and it is probable mercial Docks system, and now dock, that the pay of other ranks will he cut lock, and dry dock at Tilbury. at the same time, The matter is now being considered "by the Army Council,
It is the opinion of Lord Derby, the hour on the Closter 430 h.p. Napier, Minister for Was, that the present rate Mr. L L Carter. last month, won the
With an average speed of 192.4 miles att
the.
of pay was fixed at a panic height." He Acrial Derby Trophy and £500. He sur considers that" a substantial reduction passed all previous records over could be made without affecting the flow course, which was three times round Outer. London, starting and finishing at Oroy of recruita
don.
In the case of ""other ranks," the men now serving. will not be affected by the
Britain are being reduced from 60 per decision of the Army Council. The revised Railway rates for goods traffic in Great seats will apply only to recruita
Officers are not so fortunate. It was cont. to 50 per cent above the rater in The four agreed in 1919, when the present rate was force on January 14th, 1920, fixed, that there should be a reduction in railway, groups have submitted to the Tribunal the schedule of standard rates 1924 if the cost of living fell.
No such condition was made in the case and changes required under the 1721
Act of other ranks.