BANKERS BLAMED FOR
MR.
CABINET SPLIT.
SNOWDEN "DECIDES TO RETIRE
FROM POLITICS.
MASSES ASKED TO RALLY TO LABOUR
MOVEMENT.
[REUTER AND BRITISH WIRELESS],
LONDON, Aug. 23. Mr. Snowden will retire from politica immediately the finaZ- cial dimenities have been clear. ed up, Mr. Ramsay MacDonald, however, is not retiring,
Mr. Snowden in a statement said he told Mr. MacDonald four months ago he would retira Immediately the Budget and the large conversion operations. were completed, but that he felt it was his duty' to remain when an international financial crisik arose. His · decision to retire'' is not" connected with recent crests..
It is expected the Cabinet to night will have all the diaterial on which the Government's 'policy will be based, so that Cabinet Ministers will have the week-end to consider it. They are convinced all plans will be ready for Parliament on Sept..........
Premier Resumes Holiday, The Prime Minister, Mr. Run- sny MacDonald, loft London to | night for Lossiemouth. He will return to preside over the next meeting of the Cabinet, arranged for Monday.
It is expected that reports will then be before the Cabinet from the Sub-Committee appointed at its first meeting yesterday
Two of the Sub-Committees were
at work to-day. The Sub-Com mittee dealing with the economies and the now taxation required to meet the present, situation and te effect the balancing of the budget was engaged in examining the ae tual details of the proposals which have already boon decided upon
HONG KONG DAILY PRESS, SATURDAY AUGUST 29, 1931.
ENORMOUS LOAN FOR BRITAIN.
PRES. HOOVER SANCTIONS £80,000,000 CREDIT.
[REUTER'S AMBRICAN BREVIOR.]
New York, Aug. 93.7- According to the Washington cor- respondent of the New York Times President Hoover han sanctioned £80,000,000 credit, to Britain.
New Yonx, Aug, 27. According to the New York Eten ing, Post, Wall Street bankers, beaded by Mr. J. P Morgan of at least G.$300,000,000 for the agreed to a new short-term credit
British Treasury
A further suggestion that this short-term credit is to be fellow,
by long-term credit of in backing circles at present, G.$600,000,000 finds little support.
It has been suggested that a British external loan will be floated in all leading financial contres, but bankers here are somewhat doubt ful of the prospects of the success of such a loan at presont...
It is confirmed on the highest authority that discussions for the opening of new British credit have progressed decidedly in the last twenty-four hours..:
An official announcement, is cx-
in principle The Second Cone-pected to-morrow: mitte, considered Parliamentary.advanced in 1825 and its currency. The credit will be larger than that procedure and the measures to be proceeded with when, Parliament įresumes.
London Passenger Trafic BUL
will be one year instead of two. Otherwise it will be very similar.
A French credit, equivalent" to the American," will probably also be, arranged.
Sir William Jowitt has agreed to continue as Attorney-Gen. Apart from the legislation re- This credit, may be followed by a eral,...
uired fer dealing with the finan: long-term lond in the United States and it is believed that this will be cial emergency, the Government of record size.. will only proceed with Measures The willingness of American
"Ministers' Actions Approved.
LONDON, Aug. 28,
COMMUNIST ...... MORE FLOODS IN AMY EN ROUTE TO
OUTRAGES.
PRIEST TAKEN PRISONER.
REFUGEES ROBBED AND
MURDERED."
(THROUGH REDTER'S "ACKNOT"]
HANKOW, Aug. $5, Father Sands of St. Columben's Communists took a prisoner
Mission on August 16 to the vicinity of Yoklekow, on the Han River, after which they completely looted
the mission house,"
Brown
Bishop Galvin writes from Han yang that entry available inch of the mission buildings are given over to refugees, who are crowd. Ing la to Hanyang, preferring to dle in Hanyang of starvation rather
The entire country is flooded and than in the hands of the "Reds,"
THE NORTH.
THOUSANDS DROWNED; MILLIONS DESTITUTE.
ITHHGUON REUTER'S AGENCY,]
ENGLAND.
HOPS OFF FOR SEOUL
FROM OSAKA,
[THROUGH REUTER'B'AGENCY.]
ORAKA, Aug, 18
Mies Amy Johnson, whose depar turo has been delayed by had weather, hopped off for Scoul at 3.12 this morning.
SHANOUA, Aug. 28-4 The typhoon, which caused con- siderable damage at Shanghai on Wednesday and Nanking on Thurs day, according to reports from Yangchow to the Faming Relief Commission destroyed eight miles
inundating hundreds of square of the Grand Canal embankment he is bound for England after between Shaopo and Haoyuchow, her Japan visit miles of thickly populated villages and cities, ported thousands were drowned and millions ondered
It is reported
destitutod.
"REDS" ROUTE NANKING TROOPS.
COMPLETE DISASTER NARROWLY AVERTED.
[CENTIAL PRESS,] people are suffering frightfully
CANTON, Aug. 26. from the floods and famine, but, Three divisions of Nanking troops the most brutal of all are the Com Borce fighting near Tungku, Kiang- were routed by Reds after munist bandits, who, taking advanai. Fortunately, General Chen age of the situation, rob and mar. Cheng's reinforcements came in der to an extent hitherto unknown, time to save a complete disaster.
The Canton guards on the north- ern Kwangtung border aro attack ing the "Reds.":
SCHNEIDER RACE ARRANGEMENTS.
SPECIAL PARKING FOR. 'PLANES
BRITISH WIRELESS BERVICE]
RUGBY, Aug. 27. Owing to rough seas and high British Schneider
of a proved non-controversial kind.bankers to extend credit, it is in-winds, the.
diested, is dependent in
ed.
-Jargo
Arrangements for the race are
+
REHABILITATION OF YANGTSZE VALLEY,
RECONSTRUCTION OF DYKES.
SUGGESTED,
(ah Tie Fot. Pao,):
HANKOW, Aug, 28. The Hankow, authorities have drawn up a comprehensive plan for the purpose of rehabilitating the River It lass down in principle flooded areas along the Yangtze that a canal be constructed to re- lieve the much constricted Hsiang River (a branch of the Yangtsze along the Yangtze River be raised three feet. The detailed technical points involved in the plan will be referred to a commission of Chinese and foreign conservancy experts.
After hearing Mr. Baldwin's ex planation and reasons for joining the National Government the Con- Prasenger Transport Bill, intra-British Government that the pro-making any practice fights at It is suggested that the London measure upon the assurance of the Trophy Team were prevented from servative meeting passed a resolu-duced by Mr. Herbert Morrison tion of approval of his action.
last March, may rank as such and
gramme of economy will be adopt-Calshot to-day. The Liberals also approved with since the support of the Labour two dissentient voices, Lord Read. Party as the official opposition 18
Storling exchange in Paris was ing presided and said that Mr. likely to be forthcoming, the Bill of rumours that the British Gov- vision is being made for the park
firm at: 123.00/193.995 as a result proceeding smoothly. Special pro-Kiang) and all books and dykes Lloyd George was in complete ac will probably be carried through. cord with his Liberal colleagues
ernment is contemplating a 20-yearing of aeroplanes in which specta supporting the new Government.
The Bill provides for the estab£30,000,000-£00,000,000 loan in News will arrive from all over He read a message from Sir John Lishment of Passenger Trana York nad Paris at a rate of in-
Britain and from the Continent. Simon, who recently detached him port Board for the London traffic terest below five per cent. self from the official Liberal Party Underground Railway and other aron and negotiations with "the congratulating the Liberal Minis- ters who participated in the forma- groups have reached a point at tion of the National Government,
which it is generally recognized Socialists who have separated would involve serious practical the suspension of the measure from Mr. MacDonald were also at difficulties. the meeting..
It is considered improbable that Labour Manifesto. any other of the Bills introduced by the late Government and still
LONDON, Aug. 27.
of State, who returned to Londen Mr. Stimson, the U.S. Secretary this morning from Scotland, where he had been on holiday, proceeded to. Downing Street to make a per- sonal call on the Prime Minister, The two statemmen breakfasted to gether and in conrse of informal discussion, the conversation, it is understood, turned naturally to the maintenance of the present excel lent relations between Great Bir- tain and the United States,
(THROUGH REUTER'S AGENCY.) Report Accepted as Accurate.
LONDON, Aug. 28.
London of the New York report No confirmation is available in
that a credit is being arranged for Britain, but the report is generally accepted as accurate and is wel conted as an indication that the value of the pound is concerned, is
over.
Negotiations for the French share in Paris by Sir Frederick Leith of the credit are being conducted Ross, of the Treasury, and Mr. Siepmann, of the Bank of England.
Flandin, the French Minister of They unched today with, M.
perts present included M. Pietri, Finance, and other financial ex- the, Minister of the Budget. M. Flandin also had a long interview with Mr. Wiggin, the American chairman of the bankors' commit tee, which met at Basle recently.
A manifesto, jointly issued by the before Parliament will be proceed-crisis,, so far as the international Trade Union Congress, the Generaled with by the National Govern Council of the National Executive ment Committee of the Labour Party. Stimson Visits MacDonald. and the Consultative Committee of the Parliamentary Labour Party, signed by Mr. Arthur Henderson, 'inter alia, denounces the new Gov Pornment ns undemocratic and un- authorised by the people, and alleges that it (the new Govern- ment) is determined to attack the standard of living of workers in order to meet a situation caused by the policy of private banks." It declares that the taxable capacity of Britain has not been exhausted and suggestens an alternative Owing to the pressure of work policy, "the mobilising of the coun- confronting the members of the try's foreign investments, tempor new Cabinet and the importance ary suspension of the sinking fund of the decisions to be taken during and taxation of fixed interest-bear-the next few week, Lord, Reading, ing securities, other than unearned the Foreign Secretary, will be income. I
prevented from proceeding to Vigorous Opposition in Parliament. Geneva for the League meetings, The British delegation has not yet Ruomy, Aug. 27. Following the decision yesterday been finally completed, but it is of the joint meeting of the General probable that Lord Cecil will be at Council of Trades Union Congress its head. and the National Executive of the
Goodwill Message, Labour Party, that the now Gove Almost the first act of Bir So. ergment "should be vigorously muel Hoare, on taking over the posed in Parliament and by a move peat of Secretary. of India in the ment throughout the country, the New Government, has been to is joint session today, at which memeue a message of goodwill to India. bers of the Consultative Committee
In this; be. describes his appoint
wards a new social order.!!!
The Bank of France is keeping in close touch with the Federal Reserve Bank in New York during the negotiations.
QUIET" RESTORED IN LISBON,
DEATH ROLL 30: 300 WOUNDED.
[THEODOH REUTER'S 'AGENCY.]
MADRID, Aug. 27. Telephone bewa from Lisbon con rms the fact that quiet has been Testored but that the death roll has risen to 50 with 300 wounded. The northern provinces are isolated and
WEATHER REPORT. Yesterday's weather report, forecast and remarks, issued by the Royal Observatory at 5.30. pam, atated:
The typhoon is passing into the Pacife to the N.E. of Hol kaido The depression to the SW of the Paracels appears to be deepening. The anti- cyclone over N. China has strengthened slightly
Local Forecast:-E. winds, moderate to fresh fair to ahowery,
FRANCO-HUNGARIAN COMMERCIAL TREATY.
PREFERENTIAL TREATMENT FOR HUNGARIAN WHEAT.
(THROUGH REVTER'S AGENCY.}"
DICK WHITTINGTON IN STAINED GLASS.
Lands Bately at SecuL
· Moxdin, Aug. 28 Seoul at 3.30 pm and is leaving Miss Amy Johnson aarived from
to-morrow morning,
HOME COUNTY CRICKET.
YORKSHIRE BEAT ESSEX.
{THROUGH" BEUTER'S AQENDY, }!
LONDON,; Aug, 27.
EDUCATION AND HEALTH IN CHINA,
LEAGUE COMMITTEE TO INVESTIGATE CONDITIONS.
THROUGH REDTER'S AGETOT;]-
In pursuance of the plan. co-operation between the Government and the Long Nations for the development of the country's health and educational organisations, among other things, Dr. Rajchman, the Director of the Hanlth Section of the Longue, no- sons companied by Mr. Walters, the nor |sonal assistant of the Scarotary- General, Sir Eric Drummond, is wow on his way to China.
Four educational oxports leaving for China
on Monday: aboard the famous Gorman Trans-
Atlantic liner Bremen.
uro
They nro Dr. C. H. Bockor, the former Prussian Minister of Educa tion, Professor Paul, Langevin, of the College de France, who is an eminent physicist, Professor R. H.
suits as cabled by Reuter of the tory of London University, a mam The following were the re- Tawney, Reader in Economic His two county matches which were her of the Executivo of the Workers' decided to day
wickets at Brighton,..
Yorkshire beat Sussex by nine
Scores
Sussex: 100 (Verity, o for 39) and 165 (Verity 7 for 93).•* ́ Yorkshire 149 (Langridge J. 8.
· for 50) and 124 for one wicket. Lancashire beat Derbyshire by three wickets at Blackpool Scores NCAA
Derbyshire: 173 and 65 (Tyldes-
ley R. e for 21). Lancashire: 00 (Slater 6 for 22).
and 176 for 7 wickets!
LORD IRWIN CON
INDIA.
REPLY TO ARMCHAIR
CRITICS."
Education Association, and of the Fabian Society, and Dr. M. Falski, a professor of Warsaw University.
RED" SUMS FOR
SCHOOLBOYS.
PROPAGANDA IN THE TEXT-BOOK.
Faris-Soviet professors, have re- written "Hamlet" to, expose the monarabical system and “Othello" to illustrate colour prejudico.
Communist school teachers in the Herauk Department,, in the South of France, have gone ono better by infusing class warfare oven into the bloodices and passionless con- cepts of mathematics. The arith metical problems in the text-books: supplied to pupils are all coloured by propaganda,
Here is an example of the man- her in which the familiar sums of the bourgeois text book have been re-written by the propagandist pro- for AMA
Lord Irwin, ex-Viceroy of India speaking at Harrogate on the prob. Jem of Indin, referred to the forth. coming Round Table Conference and appealed to Great Britain and India to approach their task as confederates in a great and noble
There are seven managers of the undertaking, kdy (Apdro
"I do not believe," he said, principal railway systems who re that, if those who now occupy coive £4,000 a year each, and 1,300 An ambition which had been in the principal armchairs of the cri- highly placed officials who receive his mind for many years was renties had been responsible, with all 4000 a year each. Given that there Jised by Lord Wakefield of Hythe the facts before them, they would are 200,000 railwaymen whose com- when his gift of a stained glass have pursued any very different. mencing wage is 564 per annum, window, to be called The policy from that followed by my
state what wages they might receive Whittington Window" was un-
with
LORD WAKEFIELD'S GIFT.
Euclid Text?
A more complicated problem in- troduces the contemptible bourgeois employer, thus:
veiled by the Lord Mayor in the self and those with whom I had the the parasites were done away presence of a distinguished go His big problem had constantly
privilege of working, thering at Guildhall
The window, which was designed been that of how, through any by Dr. Douglas Strachan, the ar- future that could be forencon, the tist responsible for the windows in retention of a contented India the Court of Justice at the Palace within the British Commonwealth A landowner sells his 1,500 hecto. of Pence at The Hague, 10 mine could best be cosured, and it fell litres of wine at 208. a hectolitre. diately at the top of the Pitt to him on behalf of his Majesty's He employs aix. labourers ench monument, and depicts the historie Government to make the declara earning £62 per annum. The fod- scene of Sir Richard Whittington tion that he made in 1020, which, der for the horses costs 206, ex- throwing into the flames, in the without prejudging any of the fac.penditure on mamure, sulphate, mul presence of King Henry V, bonda tors by which the problem was con. phur, taxes and incidental expenses to the value of £50,000 given by ditioned, placed it beyond doubt amounts to £100, and the cost of the King, an act of munificence that, in the judgment of that Gov- the grape gathering is £80, State which caused his Majesty to ex-ernment, it was implicit, in the claim: "Happy the. King to have declaration of 1917, that the natural such a subject" The famous cat issue of India's constitutional pro is also included.
gruss, as then contemplated, was the attainment of Dominion statua, Mr. Churchill's Attitude.
(1) the profit realised every year by this bourgeois on the sweat of his labourers and (9). the number of sons of proletarinne who might have been seat with this sum to a holiday camp, given that the expense in each case amounts to £4.
BUDAPEST, Aug. 27,
The Lord Mayor unveiled the Negotiations for a new commar-window, and Lord Wakefield later cial treaty between France and luncheon at Mercers Hall, where entertained a large company at Hungary were concluded to-day, Dick Whittington served as Mas most vigorous critic of the prac It was surely strange" that the when the agreement was initialled.
No doubt the first olements of It provides for preferential treat three yours.
ter of the Mercers' Company for tical efforts now being made to algebra will next be re-written in ment for Hungariab wheat in the The Lord Mayor said that Lord purpose, proclaimed in 1917, should It will be interesting to see translate into reality the British terms of Communist philosophy,............ French market, while Hungary grante reductions to Tronos, based Wakefield was one of London's be Bir. Churchill, himself one of the whether the system will be con on the most favoured nation clause ing with great generosity and Government by which that declare exercises of Euclid. The theorem merchant princes who was dispens most powerful members of the tinued still further to embrace, the of Pythagoras restated as a Com- munist tract should prove diverting in the extreme.
CONGRESS DISPUTE
SETTLED.
THROUGH REUTER'S AGENCY.]
of the Parliamentary Labour Partyment, at this important moment in were also present, issued a mani- the history of the two countries, festo calling on the masses of the as the areatest event of his life. people to rally to the Labour move. He recalls also that his two most ment," in defence of true National interesting experiences were con- interests and constructive effort to nected with India, on the occasion a strict censorship is operating. I GANDHI IN OREERTUL, MOUD, when he and Lady Maud were the is believed that skirmishes are The manifesto declares that it is fret passengers to By in a civil occurring with rebels, who are trite the National Ministry, as a aeroplane from England to India. fleeing northward. Government, is stated to be attack-and his presence as a delegate at ing the standard of living of the, the Round Table Conference. workers to meet a situation caused Regarding the problems, dis by the policy of private banking cussion of which will shortly be SEQUEL TO BURMA interests outride public control, and resumed, Sir Samuel expresses the to be attempting to reverse the view that the truest friend to social policy of the Nation. It Great Britain and India is the doca se."Not because the Nation's man who faces the difficulties in a resources have suddenly diminished, realistic spirit with the intention not because the Nation cannot of mastering them. afford to provide for its unemploy ed, not because the Budget cannot
REBELLION.
TIDE STOPS MISSION,
munificence the substance he had acquired for the benefit of the tion was authorised." citizens.
Sadhana Kaja Agreement With Gandhi. Giving the health of Lord Wake- Referring to the forthcoming field, Sir Vansittart Bowater re Round Table Conference, - Lord called that their host had recently, Irwin said: among other public gifts, purches. If Great Britain can realize BISHOP'S JUMP TO SAFETY, ed the Howard Grace Cup for the that the India with which she deals nation
Lord. Wakefield, in reply, told any more than it will be the India today is ant the India of yesterday hitherto unpublished story of of to-morrow, and if those, who. Whittington when he was Sheriff in speak for India, be they British Blackpool. Marconed on the 1304. An apprentice, by an error Indian, or representatives of the sande by the incoming tide whilst SIMIA, Aug. 27 of judgment, involved his master ment and the Congress Working him, and he was sent to prison. On Gandhi was willing to do in the Bishop of Blackburn (Dr. P. M. The dispute between the Govern-in serious lots. His employer sued Indian States will realise, as Mr his mission was in progress, thei Committee which threatened to pre- the suit being reviewed at the Massement he made with me, that Herbert) had to make a hurried rent Gandhi's departure for. Eng. sor's Court his case aroused such safeguards, or adjustments for retreat at Blackpool Innd, was settled dramatically at compassion that the Mayor and particular purposes or periods, are While the service was proceeding the last moment.
Aldermen suggested he should be essential if India is to progress and the san gradually crept nearer te Gandhi was very cheerful when sot free. He preferred, however, Prosper I do not believe that wise the platform on which, the Bishop he left Simia for Bombay en route to go to prison, and Whittington men should find it beyond their was standing to London. He was accompanied by Sheriff was ordered to take him power to reach agreement. I think it is very awkward his son, Deva Dan, his secretary, back there. Both to Great Britain and Indip threatening to wash you away he balanced, but primarily because "For a solution of grave politi
But I would earnestly appeal trying to speak when the tide is financial interests have decided cal problems, ideas and phrases
ins Blade and the Pandit Malo-Five months later there was not to meet each other as those he observed to the crowd. that Britain is wetting a bad exam- | are not enough. That is the
viya. ple to other countries in taxing the spirit in which, I shall approach.
Part Enquiry Granted. "rich_ to provide for the necessities the problem. With a realistic at-
of the poor
kento del titude, goodwill on both sides must Saya San, a quick doctor, who The Government has granted Con- The manifesto claims that the be combined raised an army and led a formid-press' demand for an enquiry into present difficulties could be over. He concludes with a word of apable rebellion in January, and the allegations that coercion was come in other ways, and say that previation of the Services in In eleven of his fleutenants were sen used in eleven villeges in the Bar, while Tabour in vitally concerned dla Let them feel assured he tensed to death by a special tridor, district to patonil excess with national interests it empha says, that we realized their difficul-bunal on a charge of waging war Venue, but it lines to extend the tically rejecta that this can only be ties and will not fail to support against the King. Eighteen others enquiry elsewhere. secured by the impoverishment of them in the loyal, execution of were sentenced to transportation Pardon in in the workers...
their duties.'
for life,
Gandhi 18 zanati
Ideas and Phrases Not Enough"
*12 REBELS SENTENCED TO DEATH
(THROUGH REUTZE'S AUKNCY-]
TEARRAWALDY, Burma, Aug. 29,.
BILL, Aug 26.
unexpected sequel.It was found
the youth was no longer in prison, who are engaged in a grim strugs The platform and harmonium and his master sued Whittington gle to retain, or acquire, power, in were rapidly dismantled and the for the amount dus for allowing which the success of ons implies congregation had to cross spi him to go free Whittington did the allure of the other. The Inly growing stream to reach a not contest the action. Moved by terents of both parties are far too of stops leading up to the pity and impressed by the justice classly, inngaged for, such an menade.
Canony
of the apprentice's case he had analogy to iba of the smallest The Vicar of Blackpool sent him forth to make a fresh value except to the extremists in A. Little) placed one
tart in life. He had paid the debt both camps, who, thinking in terms in the water and stredo and damages considerable of war are not likely to prove the while the Bishop, jumped to 154 amount out of his own pocket. best plongers of pesce,””
other side