FRENCH FINANCES.

FRANC CONTINUES TO SHOW»

„IMPROVEMENIT.

M. POINCARE'S NEW MINISTRY.

ի :

[TALOUGH ZEUTER'S'AGENCY, 1

PARIS, July 23rd.

Other Cabinet appointments, in addi-"] tion to those already, reported; are Queuilles as Minister of Agriculture and

M. Eallieres as Minister of Labour,

COAL SITUATION.

THE HONGKONG DAILY PRESS, MONDAY, JULY 26TH, 1926

MEN DRIFTING BACK TO FITS IN

MIDLANDS.

(BRITISH WIRELESS SERVICE:)

Rocay July 23rd. Reports from the Midlands coalfield to-day show a further addition to the number of men who have returned to the pite.

:

41

STARVED OUT."

MILL STRIKE IN

BREAKS DOWN.

3

SHANGHAI

WORKERS ACCEPT MANAGE- MENT'S TERMS.

[THEORGH RECTIA'S ADENCY.]

SHANGHAI,July 24th.

Representatives of the owners in War- Several hundred workers who went on wickshire state that 650 more minerstrike at a Japanese cotton mill Jane reported to-day," and that "7,700 out of

24th, agreed to return to work to-day. normal 20,000 are now working.

The list of conditions presented to them by the Japanese management, which has Been accepted, shows that the mills have won a distinct victory.

In the Cannock area, another hundred

M. Poincare, in a statement to, the Press, said he had not encountered any difficulties in forming a very broad-based 'men began work. Ministry of National Union, represente- It is expected that in, both districts tive of all parties, but not attempting to there will be, on Monday, a marked'in- allocate the portfolios on. a percentagecrease in the number returning.

basis. If he gave attention to all sug- gestions, he would have spent endless time in sceking an ideal solution, and at present there was no time to be leat

M. Poincare was cheered by crowds on leaving the Elysee............

SOCIALISTS EXCLUDED.

LATER

M. Poincare's Cabinet includes six ex- Premiers, namely, M. Briand, M. Barthou, M. Herriot, M. Painlove, M. Leygues and M. Poincare. Others have been Minia ters at least once, with the exception of M. Falkeres, a son of a former President of the Republic.".

-

The Ministry represents every party except the Socialists, who adhere to a capital levy and are unable to collaborate owing to the decisions of their Congress.

The, composition of the Cabinet ensures

This drifting of men back to work is. as has already been stated, practically confined to the Midlands, and it is note- warthy that it is here that the owners- have offered the best terms, based on an cight-hour day.

It is expected that special efforts' will be made by the miners' leaders to stop the resumption of work in these areas, it has been found in previous strikes that such a drift tend to increase rapidly.

BRITISH COLONIES,

Super-unruly workers, "locked out" during the past weeks, have caused con siderable disturbance in labour circles.'

The acceptance by the workers of the management's demands is undoubtedly the result of the workers being starved out.

[A cable from Shangbai, dated June 24th, stated:-There has been consider able unrest and agitation ia local indus trial circles, and a lightning strike has been called in & Japanese cotton. mill Six hundred. downed tools, protesting against the arrest of a mill detective. The strikers set fire to the cotton, and when the brigade arrived they were at tacked by the strikers with bricks, Police drew their revolvers, but there was no fring. Twelve arrests were made, and the situation is considered most serious.] Rucnx, July 23rd. Considerable economies have effected in the cost of the Colonial ser-

"PEOPLE IN GLASS-HOUSES."

SENATOR BORAH AND EUROPEAN CRITICS OF U.S.

[RECTER'S AMERICAN SERVICE]

WASHINGTON, July 28th. Senator Borah, in a statement, say European critics of America in connec tion with war debts should remember that people living in glass-houses should not throw stones.

CATHOLICS NOT WANTED."

PROHIBITION OF RELIGIOUS TEACHING IN MEXICO,

"

NEW YORK, July Bath Some of the Mexican schools intend to close down and reopen across the American border, where the children will be religiously instructed unhampered.

THE · BOUNDARY OF PHILOSOPHY.

SCIENCE AND LIFE.

PARIS STREET NAMES.

HONOURING STATESMEN, PRINCES, AND AUTHORS.

15

LIVELY PROTESTS.

Proposals recently made to the Muni-

AN 'ADDRESS BY LORD BALFOUR«.

Lord Balfour gave an address as Pre- sident of the British Institute of Philo-cipal Council of Paris to change the sophical Studies at the first annual

name of several of the city's oldest general meeting of members, held at the streets have brought forth lively protests. rooms of the Royal Society of Arts, The suggestions threatened violence to Sistorical and romantic associations and John Street, Adelphi.

raised questions of taste-points on which Parisians are always acutely sensitive.

Lord Belfour said that people could not really benefit from auch an institu-

naming or re-naming about sixty of the While there has been discussion of

city's thoroughfares, the interest of those. who have come vigorously to the defenes tred upon four-the Hue des Ecoles, the of the traditional designations has cen- Place Maubert, the Rue des Carmes, and the Quai Malaquai-aames that have centuries, two being so old that their been woven into the history of Paris.for

exact origins are no longer known.

He refers to the territorial acquisition unless they came to it prepared to tions to Great Britain at the pekee listen to views very different from their table," and adds that out of four million own, to weigh them in the balance and square miles to be divided, Britain to deal with an open mind with the vast secured 3,000,000 and Franco, 500,000. circuit of problems which were included America, true to her ideais, accepted under the word "philosophy" as philc- nothing.

sophy was interpreted by their practica and indeed by their rules. Their use of the word "philosophy" was wider than

Friends of the late Rene Viviani, the the strictly academic view of philosophy, Ceneral Joffre on the first French mission former Prime Minister" who went with which dealt with very difficult and some to the United States after his declaration times very important technical problems, war in 1917, have urged that the Rue He thought that society was bound to Opponents of the change have expressed ues Ecoles i called the Rue. Viviani, look at philosophy "from"a"point of view due respect for Viviani and agreed as little technical as was consistent with that he merited the honour of having the comprehension of the problems with a street named for him. But why not: which they were really faced. He saw

ong of the new and unnamed streets, or at any rate, some other street-any no reason why the less technical teaching street but this one! M. Viviani's only connection with the Latin Quarter, it is [An earlier New York cable stated:should be shallow. Let nobody come to

pointed out, was the fact that the The newspapers are considerably pre- occupied with the troubles of Roman that institution in the hope that he would fountague Sainte-Genevieve elected him Catholics in Mexico, where the new law become a militant member of some deg to the Chamber; his achievements were regulating religion becomes effective on matic philosophic creed. Their business

The Rue des Ecoles, which was opened states that President Calles Eas issued a proclamation prohibiting religious in thinkers in the hope of getting some have been more appropriately named. It truction and worship in all schools and breadth of vision upon the tremendous Poated the north sides of the Sorbonne forbidding any cleric to direct a private problems with which they were confront the foot of the

and the College de France, traversing school. Telegrams from Nogales and

mountala" about which Arizona report that the Archbishop of ed. They did not want to treat the pro- so many schools had clustered, and bisect- Mexico and the Bishop of Tabasco have blems of the universe either in the spiriting the Rue St. Jacques, which began its been arrested on a charge of violating of a too academic philosophic training,ward toward Italy. The district Bad been. career as a Roman road leading south- or in the spirit of an electioneering called the Quarter of the Schools since the the law by calling on Catholics to exert with the object of obtaining an amend placard. (Laughter.) Labels and placards, the Faculties of Letters and Sciences on Middle Ages. The Rue des Bedles, with ment of the church laws.]

narrowing formula" couched in very in one side and, the Cluny Museum on the accurate and very plain language, were other, is to-day one of the centres of the dangers of democracy, and they were activity in the Latin Quarter... all anxious to assist in the not neces-

elsewhere."-

MORE ECONOMIES IN THE COST spanners and other heavy missiles. The August 1st. A Mexico City despatch was to collect what they could from cther in its present form in 1832, could scarcely

OF THE SERVICE.

been

SEAMEN'S' UNION.

it a substantial majority in the Chambervices for 1926, which are explained in a QUESTION OF DISSOCIATION FROM economic pressure on the Government and a practically unanimous vote in the White Paper issued to-day. Senate.

LONDON. July 23rd.

The French frane has improved to 205 and the Belgian to 2011.

FREUTER'S AMERICAN SERVICE.] ·

SUGGESTED BOTCOST OF FRANCE BY TOURISTA

New York, July 23rd. Senator Reed has declared his intention -to-recommend tourists to boycott France. it anti-American incidents were continued, adding that six months' boycott of France would prove the folly of behaving outrage. usly towards a nation which feels for her nothing but friendship and goodwill.

MINISTRY OF THE FRANC."

PARIS, July 24th. Few Cabinets have received such general blessing as that bestowed by the

ALL POLITICAL AFFILIATION,

The total expenditure provided for is £442,070, compared with £1,107,000 last year!

LONDON, July 24th. → The National Union of Seamen, at the In East and West Africa the situation close of their annual meeting, decided to is very satisfactory. ·

withdraw forthwith from the International Tanganyika is now paying her way, Transport Workers' Federation, and also with a consequent saving of £350,000, and

to take a ballot on the question of dis in Uganda the progress of the cotton-sociation from all political affiliation. growing industry has brought a gubatan- tial surplus.

Kenya has also wiped out her deficit.

18

"HOLLAND'S QUEEN.

ED" FROM ILLNESS.

In the Middle-Eastern services section" ALMOST COMPLETELY RECOVER it pointed out that, owng to less need for heavy garrisons in Iraq and Palestine, the vote has decreased from £29,000,000 in 1921 to £4,500,000 in 1996.

"RAPID FLIGHT.

PREDICTED.

RUGBY, July 23rd.

morning newspapers on M. Poincare's 8 SPEED OF 1,000 MILES AN HOUR called "Ministry of the Franc." There is a general sigh of relief that a Govern- ment has at least been formed which looks like weathering the storm and solving the financial situation. Politics for the moment are forgotten except for a few minor criticisms, such as the inclusion of M. Herriot and M. Painleve in the Cabinet.

1

AMSTERDAM, July 24th.

I

U.S. TUBE STRIKE.

WORKERS REINSTATED AT SAME sarily easy task of making democracy a

RATES OF WAGES.

NEW YORK, July 24th. The subway strike has terminated, the meir individually having applied for re instatement. The Company has agreed to take back the majority at the old wages with, lose of seniority rights.

RAILWAY MERGER.

Queen Wilhelmina has almost complete. TO HAVE SIX THOUSAND MILES ly recovered from "her recent slight attack of bronchitis.

COBHAM'S FLIGHT.:

AKYAB, July 24th.

OF TRACK.

Kansas, City, July 23rd. It is estimated that the new system merger mentioned yesterday evening will have a total of 6,000 miles of track and Alan Cobham has arrived here..

resources approximately of $600,000,000. A previous message through the British stated: The Southern Railroad Direc- [A Kansas City cable of July 23rd Wireless Service, dated July 23rd, stated:tors have approved of a merger with the A message says that Alan Cobham ar- Missouri-Kansas-Texas - St. Louis - South-

western system.} rived at Calcutta this afternoon alighting on the river of Belur Ghats." Both sides of the river were crowded with spectators. He took five hours to fly from Patna.

The Daily Mail's air correspondent states that oficial British research work directed to the production of fighting and commercial aeroplanes, capable of rapid fight at a great altitude, now" shows that aero éngines, fitted with perfected super The opinion, however, is in no way charging device, can maintain a full out- unanimousin forecasting the Govern-put of power at a height of ten miles. ment's financial programme.

With greatly lessened air resistance, miles "The-most-startling intention in this shove cärth, experts believe that a vast “vonnection is attributed-to-M-Poincare-increase-in-speed-is-possible-and-dr

by the newspaper, Le Journal (Demo-Roe bas recently declared that in 25 crat) that he intends to ask Parliament years aeroplanes will attain a speed of MR. E. S. KADOORIE OF SHANGHAI

to agree to a prorogation for two years during which the Government will legis. te by decree, the Premier's argument being that the franc cannot be cured over- night. It needs three or four years for

a complete rest and relief from political strife.

FRANC RALLIES.

LONDON, July 24th. The franc opened at 202 and improved

to 200 to the £1

CLOSING PRICES..

TATEK

no less than 1,000 miles an hour-bringing New York within less than four hours of London.

(THROUGH REUTER'S AGENCY.]'.

MARCONI SHARES.

PROFIT ON TRADING BUT NO DIVIDEND,

LONDON, July 24th.

An unfavourable impression has been The French frane closed at 16 and created on the Stock Exchange by the

the Belgian franc at 183).

"GOVERNMENT'S LATENTIONE,

PARIS, July 24th. Inspired quarters have lifted the veil of the Government's financial intentions sufficiently to indicate a two years" pro- rogation will not be adopted. On the contrary Parliament will probably sit until mid-August and vote on a compre hensive series of measures involving four to five milliards of increased taxation, direct and indirect in which succession duties figure largely."

announcement of the Directors of Mar- coni's Wireless Telegraph Company that no dividend is possible on the aridinary shares in respect of the working for the year 1825, although the results of the trading show a profit.

The Board states that a further re vision of the values of certain of the Company's interests in the associated and other Companies will become, necessary owing to continued depreciation."

(THROUGH HAVAS AGENCY.]

_FOR_SERVICES TO FRANCE.

HONOURED.

PARIS, July 23rd. Mr. E. S. Kadoorie, of Shanghai, has been named Commander of the Legion of Honour because of the 'considerable services which he has rendered to France.

[BEUTER'R, AMERICAN SERVÍČE.],

AMERICAN HEAT WAVE.

PARKS OPENED FOR NEW

YORKERS TO SLEEP OUT.".

* LOANS TO BRITAIN.

U.S. TREASURY NOT TO CONTINUE "ARGUMENT.

FINI

WASHINGTON, July 24th.

It is announced that the Treasury will not continue the argument as to whether the loans to Great Britain in war time were for commercial purposes.

Mr. Garrard B. Winston, Acting Secretary to the Treasury, reiterates that

this is so.

SON OF AN ADMIRAL AS A

POLICEMAN,

PATROLLING HIS. BEAT NEAR THE STRAND,

An admiral's son has joined the Lea | don police force. He is attached to Bow

street station, and his regular beat is in the vicinity of the Strand

RELOVED BY ANATOLE FRANCE. For readers of Anatole France's auto- biographical sketches the Quai Malaqusi great saccess. The expression of opinions has long since attained some thing of a in the most violent and uncompromising personality. France loved the old quais terms, written in the largest letters on of the Seine and contributed to their. the most prominent hoardings, was not renown. He was born and reared on the philosophic. It had its advantages; he Quai Malagnai, making his first timid would be sorry to see it banished alco- sorties-into-the-mazes-of-Paris-from-it- gether; but it was fatal to sound think. as a base. He wrote vividly in his later ing on new and difficult issues. They years of the keen sense of adventure he could get along upon accepted lines with derived from his first trip with his nurse fair success on the formula principle, to the Jardin des Plantes, a little over a but if they were to break new ground, inile away. ** and new ground must be broken in any advancing society, they must have some Power of independent thinking, unless they were to come to utter grief.

A. PRECEPT.

which has varied during the three and The name of the qitai, the spelling of

one half centuries of its existence has lost whatever significance it may once bare bad. But it can lay a good claim to right of priority, and probably Anatole France would have been the first to protest against the proposed change to honour him. The champions of the old street names apparently have won in this case at least for there is to be an Allee Anatole France near the Champ de Mara.

All four of the streets mentioned lie on the left bank of the Seine, three

To the precept, he continued, that no one should come there in the hope of be coming a member of a philosophical sect, he would add another precept. Let no body" hope that his labours would make him feel as life went on that the mystery of the world was a diminishing quantity. He did not believe the world seemed par centuries. He did not believe it seemed of them in the Latin Quarter. The Bus ticularly mysterious in the 12th and 13th half as mysterious then as it did to des Carmes crosses the Rue des Ecoles, thinkers of the modern time. Whilst the and the Place Maubert opens into the growth of knowledge and the working of Boulevard St. Germain two blocks fur speculation upon the lessons of experi ther north. The name of the Eue, des. ence enormously increased the area of Carmes derives from the monks of Mount our vision, it did not, he thought, make Carmel, who went to France with St. us feel that the world in which we had Louis. Their monastery finally covered experience was one which was less my the space between the Rue des Carmes, terious to aa than it was to bur fore the Rue des Nayers, the Rue de in Mon- fathers. His own conviction was direct-tagne Sainte-Genevieve and the College ly to the contrary. He was never ode of de Caen.

it.

Maitre Aubert, who once conducted on that spot open-air classes in the Athenian manner. At any rate it is a venerable name; and the objections against changing the blue and white enginelled signs have involved no dis- respect to the two distinguished attor

вета.

CURIOUS WAYS OF FINDING SPRINGS.

Paria.-The Paychic Congress has been brought to an end by an excursion in the Forest of Fontainebleau, where M. Henri Mager, who pasade for a successful user of the divining rod, gave an experiment the multi-colored divining rods were produced, and the existence of a subter- ranean spring was reported. M. Mager / had rivals, one of whom, M Marius Sylvestre, a café-keeper, of Saint Didier-

those who followed the multitude to at- The Place Maubert has borne · that tack the last century the Victorian-agreme for eight centuries Georges Mon- criticism he felt inclined to pass upon it from an Abbe Aubert, or possibly from and all the rest of it. But there was one torgueil-suspects that it may have taken

There was an important school of thought which in the second ball of the 19th century cherished what he thought our own experience had shown to be a profound delusion-namely, the brief that they knew the outlines of the world of experience and science pretty well, though there was an immense mass of knowledge to be acquired about the de- tails. He thought a much better temper now prevailed among those who were interested in these larger questions. He did not say our new attitude did not carry with it great dangers, which it was accessary to guard against. But be its dangers what they may, it was a far wiser, higher, and more useful frame of raind them the one which it had re. placed. That society would do a great work if it could enable those whose let was cast in this mysterious universe to rasp that they knew little about its The young constable, a handsome, limits, that there was much which science strapping fellow of twenty-three, is had not even begun to explain, and that NEW YORK, July 24th. Arthur Galloway, son of Admiral Gallo-science itself zure and more required ex-les-Bains, told the psychologists, healers, Cases of prostration are more numer police constable, eating and sleeping in mysteries for consideration of which our to use instruments in finding springs.

way. He lives the ordinary life of aplanation and did itself give us scientife and diviners that there was no necessity. ous, to-day on account of high one of the section houses attached to forefathers never dreamed in old days. He claimed that he could discover the

Bow-street. humidity, though the temperature. is

GENERAL' SMUTS AS PHILOSOPHER.

depth of springs by his, brain, and he put lower. Thousands of families forsook the eight hours patrol at midday, changes Constable Galloway on finishing hia

forward the claim that his thoughts could General Smuts was one of several new travel 10,000 Hilometres a second. His city and moved to the benches, improvir into civilian clothes, and then rushes off members elected to the Council. Mr demonstration had an air of tragedy ing encampments. The Mayor has orters of one of the royal palaces.

to spend his leisure in the private quar-for a long time taken a deep interest ined at his throat with his fingers, and.

A Hobson said that General Smuts had about it. He contorted his body, clutch- dered, the parks to be opened at nights. He is one of the latest batch of recruits on Holism," which would be shortly Tching, tching, tching, there is the philosophy. He had been writing a book finally gave utterance to terrible cries. to enable inhabitants to sleep in the open turned out by Peel House, the great published in this country. Lord Balfour spring, he shouted; it is at a depth police academy, near Victoria Statios, said that he had been brought into inti of 45ft. The delegates applauded. Then and, after doing his regular eight hours mate relations with General Smuts dur Proteesar Bosset, of Lausanne, came for.. a day on his best for six months, willing the course of the last ten years. ward, and produced a celluloid egg, partly quality, if he desires, for a more adven General Smits lived very far from cen-yellow and partly blue, to which a silver turous and exhilarating life in the C.I.D. tres of interest in this country, but he chain was attached. I can tell you the had never failed to keep himself output of the spring," be said. He bal- thoroughly acquainted with all the best anced the egg at the end of the chain for intellectual speculation. He was not only and then at the sky, and announced with Work, that was done in many fields of four or five minutes, looked at the ground

a great soldier, Staterman, and patriot, d cocksure air, it is eighteen litres," but he had a keep and undying interest Again there were cheers. The diviners in all the higher affaire of thought.. had spent a happy and profitable ́day.

Meantime the annual meeting of share-air. holders has been postponed sine die,

The Government have ruled out the

The Directors state that they intend to Capital Levy, the moratorium and frash secure proats on future operations and inflation, and will honour debt agree that henceforth these will not be diminish. ments, though will reek modification ofed by losses incurred owing to possible. the Washington Convention, with a view future depreciation of investments.

the

TURKO-AMERICAN TREATY.

CONSTANTINOPLE, July 25th. Admiral Bristol has returried from

now quoted at 178. 6d. the lowest for American Provisions! Treaty of Com

merce until February 20th, 1927/

to the insertion of transfer and safeguard The Company's shares have fallen sub- Angora, where he renewed the Turko-musn't play on that lot!

clauses. Finally, the stabilisation of the franc will be left until the exchange position is remedied.

stantially during the past days and are

ten years.

Old Gentleman: Here, here, you boys

Kid': Aw, gwan, d'you think you're Mussolini

,:-,

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