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#4569

BATTLE FLEETS AND CRUISERS.

THE ANGLO-AMERICAN NAVAL PROBLEM.

WHAT IS EQUALITY OF FIGHTING FORCES.

STATEMENTS BY EARL BALFOUR AND MR.WINSTON CHURCHILL

14

AUGUST 9th, 1927.

IN HANKOW.

GREAT HATE OF CHIANG KAI SHEK.

ODD BEHAVIOUR OF SPECIAL AREA SECRETARY.

HANKOW, July 9th. The taking over of the administra-

He has refused to attend office for the past three days. The half-year-

statement of .sccounts should be prepared next week, and this should cign nudit, when revelations are not by immediately followed by a for-

unexpected.

(SEITISK WIRELESS BERVICE]

of the British Government, I action of the Sino-British special area cepted 130,000 tons as a reasonable

hr the new Director, is being com- Rucky, August 7th.

and equitable amount for auxiliary ships of the fleet, and that I made plicated by the conduct of the secre- Lord Balfour, who was chief of no reference at all, either by sug-tary, Mr. Hsueh. the British delegation to the Wash-gestion or in any other way, to the ington Naval Conference in 1929, numerous perposes for which other mande an important pronouncement cruisers or auxiliary ships would be on the subject of the recent naval required for such an Empire as limitation conference at Geneva, in our own. I do not think that ex a speech at East Lothian rester tract is capable, if quoted in its day,

entirety, of any possible miscon Its chief feature was a piece-meal ception. But whenever it is quoted statement, which he made in reply in the American press, and in the to, Mr. Gibson, head of the Ameri-shape apparently in which Mr. ran delegation at Geneva, who, he Gibson saw it, these words are left said, had inadvertently misquoted out. "taking these two, namely what he had said at Washington in battleships themselves and vessels. accepting 450,000 as the tonnage for auxiliary and necessary to a battle auxiliary ships of the battle fleets. fleet."

Lord Balfour said the main sub- ject that the Washington Confar ence had dealt with was battle Accts.

I

Lord Balfour added, "That is the pivot on which the whole thing buras. They comprise essentials of the distinction that we draw. That But you have to remember that explanation is very important, and a battle fleet does not merely con ou it, indeed, turns in the main the sist and cannot merely consist, of contention of the American case. battleships in the full sense of the have every hope the subject will be terro. A fleet which consisted only re-opened, and will lead to of battleships would be like an remedy which will promote the two army which consisted only of artil-gress objects which the President lary, and of infantry that was de- of the United States had in view- prived of all those accessories economy, and diminution of arma- without which an army is helpless.ments with security." You will, therefore, soe that when

we were discussing equality of battle

fleets,

we also hati to MR. WINSTON CHURCHILL

take into account equality between those accessory vessels, which, with- out themselves being battleships

necessary that battleships

should do their work. The Ameri-

+

4.4

DIFFERENT VIEWS OF

EQUALITY" /

China are depreciating daily and The notes of the Central Bank of

for Shanghai Tis. 100. the rate to-day is Hankow Tis. 175

A visitor who has just returned to Shanghai from Hankow told a representative of the North-Ching. regarding the situation there. Daily News a few interesting facte

The

quiet, much quieter than it has First of all, he said, Wuban is been for several months. labourers have been put under con- tro! by General Ho, Chien, a most Coverament but a bitter enemy of Ardent supporter of the Buhoo the Communists, and the pickets

are DD more.

Exit Comiada “Mike.” The Bolsheviks have been put into their proper places and many have quit, though quite a number remain. Comrade "Mike" Borodin,

Borg, alias Grusenberg, aliar George Brown, and his accomplices and other leading agitators have disappeared, "like" has gone back to Moscow, overland, after having cans and ourselves agreed that the failure of the Geneva Confer-provisions, including almost every- Speaking at Haslemere, also on filled several motor cars with accessory cruisers of the battle Eeetence, Mr. Churchill, the Chancellor thing, from lemonade and sars might well be pat, both in the of the Exchequer, case of America and in the case of fundamental cause which prevented political advisers have left, most, if said: The Drills to extra tyres. Though the Great Britain," at 450,000 tans. But, of course, that statement was

an, agreement lay in the different Fot all, of the military advisers, only made with regard to accessory

views taken of what constitutes including General Galen, are still ships of the battle fleet, and not tal equality by the Americans the city and it was whispered that they had already made pre- with regard to all the multifarious and ourselves. and manifold duties of sea protec-ciple" of naval equality between the to wipe out General Chiang Kail We favour a broad guiding prin.parations to Bee, should their effort

the world.

ed. The

I have been repeatedly misquot

statement regarding cruisera that were accessory to battic fleets has been interpreted as meaning that the whole force of cruisers required to protect the British Empire, the commerce the Empire, and lines of communi- cation between different parts of the Empire, should be met 450,000 tons."

of

The Former Statement, Lord Balfour then read the actud text of what he said at the second plenary session of the Washington Conference regarding the 450,000 tons allowance for auxiliary vessels proposed by the United States.

It was a follows: They have, as we think rightly taken the battle fects as an aggressive unit, which

Shek fail.

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EXCHANGE.

ULOSING QUOTATIONS.

August 8th, 1927. ON LONDON,———

Telegraphie Transfer

Bank Billa, on demand/11 3/16 Bank Balls, at 30 days' night Heak Bills, & 4 monias

sight

Credits, a

.../15..

Documentary Bills

months' sight

at 4 months” sighs 2,0 9/16

Os Pin

Baak Bills, on demani Uredite + months' sight Bank Bills, on demand Ox BoxT

Or N Yoz

HONG KONG STOCK EXCHANGE.

ÚLOBING QUOTATIONS.

AVGUST STK, 1997, A.K. Bank... 11,085, div.

buy, 100 sa London...£113 nom. Chartered Bank... nom,

Do

2/05/16 Marcautils x4B. £31 nom.

Da

C413fnum. P. 40.

Baak

buy. ་་་་་་་ ཞ East Asia Baak....................$68 hom.

1,195

1,270

Credits, at 60 days sight. ~48)

Telegraphia Transfor Baak Bank Bills,

સરક

71% dic.

they have in the main to consider. entirely different from that of a Shek is put out of the way: Chiang | Or W, OU cky's sight-1---

Canton Insurance $620 sal Chins

Underwriters. 80 nom.

Sorth Ching Ins... Tia. 148 20.

Union Insurance ............... $230 bay. Yangtaze Ansurance...................M. $35. nom.

Chins Fire Insurance....$210 buy. Hong Kong Fire La.......3800 now.

Tag

110 nom, Indo-Chinas (Pref.) $30

nom Da (at)$46 buy, Shell Transporte. nom. Waterbosts......... China Bugt

Star Terries B4

on demand...f

Telegraphic Transfer .....

Billa, un demand...{ but Or SHANGDAL—

Baut Bill, at might Private, 30 da YORK-Un demand... ON MANILA-On donand

BATAVIA. On deniz... O SINGAPORE—On demand... ON HAUFORG -On demand. nom ON BATOON,--On demand ON BANGKOK-On demand 961 Bovexxion, Bank's Buying rate $9.00 GOLD LAY, 100 fine, per taei... Bax Haven, påt os

25 7/16

R

1161

buy.

83

$18 Majabon Sugars.....$32 mel.. Benguele

$1.70 buy. Mining Ad45/- baz. Kair Langkats (combined)......Is, 19 om.

Do. (Angie)

7.9 note Bhanghai Loans ....Tiz, 64 200

Explorations

8 201

Hatred of Chiang Kai Shek. the Americans hold that equality or as they call it parity-must be mea Then, and our informant, the city sured by equal tonnage and should is full of posters. In place of the he

expressed in mathematical old anti-foreign and anti-imper-: parity. We, on the contrary hold ialistic placards aro now posted up that the principle of naval equality glaring posters denouncing Chiang, must be based not only on mere Kai. Shak, the traitor. Almost numbers of tonnage, but must take everybody in Hankow goems to be forent conditions of two communi- is nothing more into consideration the quite dif- of the opinion that General Chiang or less than a ties. We feel that our position as schemor,

man who wants to be an island Empire is dependent as come a super-Tuchan, a dictator, an integral existence, and indeed and even a Napoleon. * for its daily bread, upon our power The Wuhan Government officials, to keep open the paths across the who now profess to the anti-Bolshe- ocean. If these paths could be vik and who are most indignant at closed at the will of any other the very suggestion that they were ON CALOUTTA nation, the united life of the British ever Communists, say that are Empire, and even the independence quite prepared for a rapprochement of its various parts, would no longer with the Nanking crowd' rest in our own keeping.

they will never arrive at any satis We, contend that our position is factory settlement until Chiang Kai and in a battle fleet you must in vnst self-contained community, must be done away with, they say, clude those auxiliary ships without Therefore, we are not able to em which a modern battle feet has body in a solemn international in his place where he will never pace and for ally he must be put neither eyes nor cars, has little agreement any words which would again be a menace to the Nation- power of defence against certain bind us to the principle of mathe afist movement. forms of attack, and little power of matically parity in naval strength. observation or little power of dezl The doctrine of naval equality, if it

Debased Paper Currency. ing with any equal foe to which it is to be accepted by us must take

There is a financial stringency in may be opposed. Taking these two as into consideration the whole posi. Wuhan, our informant said, which really belonging to one subject, tion of two countries on the sea.

will not be sast to overcome. The namely battleships themselves--and

officials are greatly concerned over Nevertheless, there is substance vessels auxiliary and necessary to in the American contention that this and all steps are being made a battle feet, we think the propor-minor vessels, which we need to tion between the various forms of keep our sea roads open, and to somewhat. According to our infer- to readjust matters. Already, the paper money's value has gone up auxiliaries is acceptable, and the protect us from starvation, might limitation of the amount is reason- also enable us to interrupt the seamant, more than $60,000,000 had able. We think it should be accept router of others. It is one of the been issued in notes which, as ed. and we firmly believe it will be difficulties of the problem, and it everybody knows, have depreciated accepted."

ought to be studied patiently for a most considerably: Auxiliary Ships of the Fleet.

The railway services have been the right to become barristers. long period of years in good faith Lord. Balfour continued, "You kindred on both sides of the A south. Most of the trains are full be five years 220 when the fan Bural Lands $1 nom and in good comradeship, by the resumed to Chengchow on the the profession really as popular Humphreys Estates ................šišą nam. observed, therefore, that, on behalf lantic.

north and to Changsha on the now with women as it appeared to Prince's Building.... som of troops but, in spite of this fact, woman law student had just been. a certain amount of freight is being called? carried as well as a large number of If figures show anything, the re-

Orientale............ Tie iş bay. passengera. C

ply must be "No." Three and four shanba Cations (ol. Th. 31 2016. Confidence is slowly being restor years ago, in the first flash of China Buses

Do. (LAT. ad. Many merchants, including not novelty, the number of women stu- BK Tramway... 2,50 bay.

25) nom. Ta дом a fow foreigners, have resumed dents called in a term came com Peak Trams (old). $15 anl. business and the Government is fortably within two figures. To most optimistle: Should the pre day the terminal numbers have Singapore Tractions, will settle down and be normal in ball. There is no exact means of Amusemente sunt quiet prevail, they say, things dwindled, to hall, and less than Tanseygaragaubag the near future.

BEST ARMY SHOT. JAGGER DOES IT AGAIN. SERGEANT MAJOR'S BISLEY

:. SMILE.

BYALEY CAMP.

Ito that younger man who was wair ing with compressed lips and slight pallor of the cheeks.

Duel of Kerve.

The targets ready, the two men shook bands and ley down to shoot, While the pressing crowd murmur A contest of nerve thrilled aed with excitement. Two sighting great crowd on the Century Range, abots, which did not count, and when for the second time Regi both men got a magpie and a bull mental Sergt Major W. Jagger, apiece. Then began the duel of 2nd King's Ryoal Rifle Corps, von nerve. the King's Medal for the best shot Lient Barlow fired and got sa in the Army, A. MN

Binff and squarely built, he had tied, with a score of 173-points, with much younger and taller misa, Lieut. A. J. Barlow, of the 1st West Yorkshire Begt.

Shoot off three ahots each, at B00 yards, and then shot for shot came the order.

From the 300 yards range the 100 soldiers in uniform who had just fired streamed back, and to a man, with the sailor register-keepers, range officers, and hundreds of excited men and women spectators, they ringed round the two duellists, while there was a trying 15 minutes wait for the targets to be changed.

ianer, firing a little low The sergeant which counted 4

4 points, major scored a bull, 6 points. An other inner was scored by Barlow, and them a bull after he had taken long and anxious sum, The NOT¬ geant major fired

twice.

He

scored two Inners

se fr Encouraged at holding his re- donbable opponent, Lient. Barlow, with his fourth, abot, scored a bull, but, amid great applause, the ser- geant-major also scored a bull,

Quickly the eargeant-major fired again, and this tumie went to the length of mournfully asking his head-up to the moment when the signal came that it was a bull A moment later Lieut. Barlow fired, but only scored an inner.

The crowd cheered the sergeant. major, who had thus won with his

Calmly the sergeant major clean- ed his rifle and painted the sights with dense black to secure a minimum of glitter. Then he turn fifth shot by the margin of one

EXCHANGE RATES, [BRITISH WIRELESS SERVICE.]

Paris - pion Brussels

Ruapy," August" "With."

124.035

34.025 12.12.3/16 20.491

Amsterdam Berlin Copenhagen Vienna Helsingfors Lisbon Bucharest New York Geneva Milan Stockholm Dalo Prague Madrid Athens Hion Buenos Aires Bombay Takahama

ed to his friend with a smile, as point, and then they chaired him-Shanghai

if he seemed almost indifferent to in the traditional way through an whether he was to repeat his 1925 enthusetio erowd back to camp. success or whether victory was to go. Then he gave just a little smile.

BRITAIN'S WOMEN

BARRISTERS.

Trench Mines

Ural Caspians HE,&

.. som

[19/3 nom.

Wharfs112 bay, 1134 sel.

BLK. d. W. Dock 2010

Hongkaws

T. 147 nom

110m, θα είσαι.

NOT MAKING GREAT

New Bngineering.......... 5 HEADWAY.

Shanghai Decks HR28. Hotels$6.90 sel. Women made a great fight for Hong Kong Realtys.....$6 sel

E.K. Landa

buy. HK Tarritorials .........$11 nom.

Is

giving the total number of women barristers at the present time, un less one is prepared to conduct a name-to-name search through about 10,000 names in the

Law List but it would come as a surprise to a good. many if the number ex- ceeded two hundred. ---

*

EWO

Cottona

дом

11/- al

$1 nom. $20 buy.

Doz.

$6.60 nom,

istun Ices Cements (combined)..

Do(old) Do._ (287) China Lights (comb.)......$12.90 bay

131 sel Da

(new)....7 nom China Providenta 84 nom. Consirpetinas üvegajta s

116 mois, 12.30

co

51 sel

Obviously, it is too early to Dairy Farm judge the work of any inarristers Der & Wings women or man who have only ILE Electrics

Macao Electrica

been called five years or loss. 28.14

We cannot, in the nature of HK Boper things, expect to see women judges

37 buy,

34.50 1997-

(old)

10

2.7/18

785

25.21 69.975-

4.85.18/18

of the High Court for many years, Lane Crawlgids. though paid women magistrates Mackintosha. and very good ones at that, may Binceres AR38] com. make their appearance, sooner than United Asbestos

nom

sel.

13 nom.

$20 BL

wa imaginea de Watama (oldy.

18. T3

But there are many signs that Wm. Powels

the advocate's calling will always Telephones

270pm

18.805 164

far as women are concerned. There

28.88

5.55/84

2701

4613/16. 1/5.61/64 1/11.11/22

remain a highly apegialised one so buy buyers; polyollars; 19—ikles

Domaɔminal/

will always be certain kinds of cases-brench of promise, disputes over dresses and hate where a

In the second raak-common and woman's euthen should and will non-jury and county courts and tell with a jury; and it may be pre-quarter salone there will be disted that in' this class each larger number of women—earnin; generation will see two or three competency but these will only women adracates in the front raakbes handful among their learned Continued at food of next column.) friends of the opposite sex.

Hong-Kong-

Silver (Spot)

Bilver (forward)

23.7/10

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