PRESIDENT HOOVER'S MESSAGE TO CONGRESS
GENERALLY UPHELD BY BRITISH PRESS
**COURAGEOUS ANNOUNCEMENT WHICH DESERVES GRATITUDE
(THROUGH REUTER'S`AQENCY.]
LONDON, December 20.
PRESIDENT HOOVER'S Message to Congress is generally
welcomed by the morning papers.
!
The Daily Telegraph ways: "It will be welcome to a country like our own, which has paid what-is-due-in-the hope of secur ing reconsideration on the best terms attainable."----
The Daily Herald says: "Here at last is a basis upon which Britain, at least, can begin discussion with a real hope of a fruitful result."
The Weins-Chronicle says: "His 'announcement, whatever Con grows says, is courageous and deserves gratitude, even admira- tion,"
CANCELLATION OF WAR DEBTS NOT
ENVISAGED
WASHINGTON, Dec. 19. | Appointment of a delegation, re- presenting the Republican and Democratio, parties, to attend "the Disarmament Conference, empower- ed to negotiate at the same time, on war debte, is recommended in President Hoover's latest message, to Congress.
Cancellation of war debts is not envisaged, but for any reductions President Hoover clearly indicates that the debtor nations must give, some quid pro quo.
He is seeking the co-operation of President-elect Roosevelt to in- sure a continuity of policy, adding that the situation is so urgent that "we require national solidarity for our national welfare, and to meet the forces which are now threaten- ing the very foundations of civili. sation."
Use of Silver...
Mr. Hoover believed the first and most fundamental point of attack
NEW ZEALAND'S OFFER
Roast, Dec. 10- Ja the House of Commons, the Dominions Secretary, Mr. J. H Thomas, announced, amid cheers, the offer of the New Zealand Gov- ernment to resume liabilities for her war debt payment to Great Britain, if the suspension granted following the Hoover Moratorium was made on the assumption of a continued moratorium by the United States.
HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 21, 1932.
ANGLO-PERSIAN OIL DISPUTE
DISCUSSION BY LEAGUE POSTPONED
(THROUGH REUTER'S AGENOT.]
GENEVA Dod 19, The Council of the League of Na- tions adjourned ita consideration of the Anglo-Persiat olifield dis- pute until its next meetings, on January 6 and January 23
[BRITISH WIRELESS' SERVICE.)
British Memorandum,
Ruday, Dec. 10. The dispute between the British and Persian Governments regarding the Anglo-Persian Oil Concession, referred to the League of Nations by the British Government under Article XV of the Covenant, came before the League Council at Geneva yesterday.
JAPANESE STEAMER NEW FRENCH
STRIKES ROCK
RESCUE VESSELS TAKE
OFF CREW
{THROUGH RIUTER'S ́^AGENCY.]
SHANAHAT, Dec. 90-
WHILE en route to Shanghai
from Kobe the O.SJK. fraight steamer Showa Mara struck a rock mear Kobo last night when she was badly holed,
CABINET MEETS
NO CHANGE IN POLICY EXCEPT ON WAR DEBTS
(THROUGH" REUTER'S "AGENOT.]
Pariz, Doo-10-
M. PAUL BONCOUR and his newly-appointed Cabinet held their first meeting to discuss their programme and policy which will Resouo vessels probe read to Parliament on Thurs ccoded to the scene and took off the day,
While announcing the general crow, while salvage vessels' are try-
M. Herriot's ing to prevent the ship becoming a continuation of total loss.:
policy, with the exception of the debte stand, the Government must propose some" means
for raising money in the now year by monthly vote accounts.
SINO-SOVIET. COMMERCIAL
TREATY
CONCLUDING NEGOTIATIONS
TO OPEN SHORTLY-Y
(THROUGH REUTER'S ADENCY
NANKING, Dec. 20. is reported that negotiations will be initiated shortly for the conclusion of the Sino-Soviet com mercial treaty.
The British memorandum present- ed on the dispute, traces the history of the concession, which does not expire until 1961, and which con IT tains no provision for unilatoral cancellation. The Persian Govern, ment up to end of last year had received over £11,000,000 in royaltus,
The situation earlier this year was that a preliminary agreement for modifying the existing basis-on- which the royalty was calculated, had been reached between the Per- sian Government and the Company
Although apparently dissatisfied with the proposed agreement, no al- ternative proposals to the Company had actually been made by Persian- Government, the memorandum said. Compelled to Take Serlour Vlow.
After giving the text of the notes. exchanged, the memorandum sayı the British Government was com- said Mr.pelled to take a serious view of the situation created by the Persian Government's actions, which could only be regarded as an unilatera! act of confiscation, contrary to in- ternational law and constitution, in this case, an international wrong done to the United Kingdom in the person of a British company,
The Government; Thomas, was most grateful to the New Zealand Government, in view, of their own difficulties and re- sponsibilities, and had conveyed their appreciation.
The matter, meanwhile, was re- ceiving the attention of the Gov-
ernment.
was to re-establish the stability of ANOTHER WORKLESS
currencies "and foreign exchange, and that there must therefore, be concerted international action. The
gold standard had worked badly
DEMONSTRATION
since the war, but it was still only CROWDS DISPERSE WITH
a practical basis of international ·
➤ settlements and the larger use of}· · OUT CAUSING TROUPLE
silver as a supplementary currency | would aid stability in many quar- | ters of the World.
THROUGH REDTER'S AGENUY.)
War Debt Iscus Exaggerated, The President said he believed WHILE, Premier MacDonald wae in the importance of war debía dua
broadcasting an appeal for the United States, relative to other the extending of voluntary service world economic depression forces, aid unemployment, and the had been exaggerated.
Moreover if this action were to be followed by an attempt to take
possession of the Company's ex-
tensivė and immensely. 'valuable properties in Persia or should any action or inaction, by the Persian Government lead to serious injury to property or personnel of the the Company a situation of utmost gravity would arise.
Master of Urgency,
Sir William Malkin, in present. ing the British case to the Council, said that his Government folt, that it contained elements which requir. ed the Council's attention in a matter of urgency. The Persian Government were entitled to ren sonable period for the presentation House of Commons was debating of their cage, but he hoped that £10,000,000 for an unemployed resideration, at the Council meeting the supplementary estimate of the matter would be ready for con- lief fund, crowds of unemployed to be held on January 23. marched upon Parliament Square last night.
Out of a total of 8125,000,000 due in December, only G809,000,000 had been paid. Except in one coun try, the taxation required for the payment of debts owing to the United States' demanda, did not A deputation headed by Sakla- exceed one quarter of the amounts, tavala, former Communist Com imposed to support military esta-moner, entered the House and at blishments. The cancellation of tempted to see the Parliamentary debts would only frea larger sums Secretary to the Ministry for further military, preparations. Labour, but were told they must apply in writing whereupon they Double Sacrifice.
left.
The United States has made dou- ble the total sacrifice of any other nation in bringing about the past -year!s-moratorium,"ho ssid.
"This act of goodwill must not now be made an excuse or oppor tunity to demand further a sacri- fice, but we must honour the request for a discussion by the nations who sought to maintain their obliga tions to us."
The successful outcome of Economic Conference would be greatly furthered if the debt pro blem were explored in advance, aven though the faal agreement might well be contingent upon a satisfactory solution of economic and armament questions.
NEW EMPIRE RADIO
STATION
SERVICE STILL
EXPERIMENTAL
[BRITISH WIRELESA SERVICE.]
Rucny, Dec. 19
of
Meanwhile, the demonstrators converging on the house were dis ported peacefully by police,-and- without any conflict.
A formal Labour amendment a protest against the Government's unemployment policy was defeated by 218 to 31,.
THE BEST WAY BACK TO COAL
+
BRITAIN'S GREATEST NATURAL ASSET
(Special Air-Mail Service)
BUSINESS MEN AND OTTAWA
AGREEMENT CONSTRUC- TIVE STATESMANSHIP
- (Special Air-Mail Service) -
LONDON, Nov. 20. Speaking at the dinner of the Imperial Industries Club, at the Hotel Victoria on November 22. Mr. P. J. Hannon, M.P.. ajd that there were problems of profound and startling consequence to be faced in Europe-financial, poli- tical economic and social questions but the Housh would be strength- ened and inspired by the achieve 'mente of "Ottawa.
The agreement was a piece of constructive statesmanship, which opened up immense opportunities, not for the British Empire alone, but for the whole world. The High Commissioner of Southern Rhode sia acclaimed 88 the greatest Achievement of Ottawa the fact that the peoples of the British Commonwealth of nations had spoken with one voice, while the Agent-Ceneral for Victoria declar- LONDON, NOV. 20.*
ed that Ottawa was one of the Sir Francis Goodenough, chair most wonderful things that had man of the British Commercial over happened in the Empire Gas Association, opening a gas bringing all the Dominions and exhibition on November 22, said Colonies together and making that as national industry the them feel that they were-kith-and gas industry was deeply concerned kin, working to one end-to keep that the nation's greatest material the business in the family,
natural asset coal-should be used in the fullest and most profitable way to the nation at large. Even THE firf transmission to the where gas displaced cod, the col
Empire from the new B.B.C. Broadcasting Station at Daventry, lier kept his job. The best way
was-made yesterday when speeches back to co
o coal,back-from-import- were, delivered by the Chairman of the Corporation, the Right Honoured, oil to home produced fuel, was able J.-H. Whitley-Director through the gas-workay sirdibe General, Sir John Reith and others." | electi
H.M.T. NEURALIA
DUE AT HOME BEFORE XMAS
(Bpecial Air Mall-Bervice)
LONDON, Nov, 20, The transport Neurglin will Jand" generating station, the 1st Battalion, The Gloucester. Shire Regiment, at Bombay to-day
SILVER MARKÉT
LONDON PRICES
(From Our Own Correspondent.)
LONDON, Dec. 20.
·CLOSING – BILVER PRICES IN LONDON TO-DAY WERE:--
Dec. 19. Dec. 20. SPOT
17d. 16 15/16d. FORWARD 17 1/16d. 17d"
FAST MILITARY AEROPLANE
BRITISH ENGINE IN
BELGIAN MACHINE
(Special Air-Mail Service)
LONDON, NOV. 29.
A Belgian aeroplane firm has adopted a well-known British aero engine in, the construction of a. new two-seater reconnaissance aero plane which is reported to have re- markably high speed.
The engine is the Rolls-Royce Kestrel (430 h.p.), which has al- ready been used in the production of high speed aeroplanes by two British aircraft firms. If the ori- ginal reports of the new Belgian type which has still higher or machine can be accepted, this is a
formance hitherto fitted with the Kestrel engine.
Designed and built by M. Geor- gen Renard, the new aeroplano is 4 high-wing inonoplane fitted with two cockpits, the forward one giv- ing the pilot a view between the wing and the top of the fuselage. The wing is supported by two pairs of struts, which rest on the wide. leg of the undercarriage on either side. The reported empty weight. of the machine is 2,730lb.
At a loaded weight of 4,500lb), this aeroplane is said to have a top speed of 210 miles an hour at an altitude of 13,000ft. These are
oficial figures, but if they should be confirmed by official tests this aeroplane will be faster by at loaat 20 miles an hour than any other two-seater military aeroplane at present in production.
The Renard. 31 in, also said to 'climb to 13,000ft. in nine minutes and to have a ceiling of 32,00014 Its range with normal load is three hour. The monoplane type may be presumed to have some advant- nges in the matter of performance for a given horse-power over the biplane, though some sacrifice in manoeuvre is usually madeni j
In appearance the machine · is well designed and has several, novel features in construction. At pre sent its strength factors are~un- known, and full performance de- tails are lacking, but if subse quent tests should prove satisfag tory this aeroplane will have to be counted one of the most important of the present year.
SOVIET PURCHASES STEAMERS
GERMAN, OWNERS. SELL 13 VESSELS
ÍTHROUGH REUTER'S: AGENCY: 19
BERLIN, Dec 20 THE Boviet Government has pur- chased thirteen old stemmera
All speeches emplunaised that the which between them enabled in on transfer from Singapore to of a total tonnage 64,000 tons froin service was of an experimental dustry to obtain heat, and power Mhow, and to-morrow will leave the North German Lloyd Lane, with character, both technically und as to programmes, and that develop from con with an increase in with the 2nd Battalion, The Bea three years credit. The sale price ment wild boasted by corpora efficiency of production as well as Palesting, the famille coming, unerkennu
forth Highlanders, from Jhansi for his estinrated at #roughly||1,300,000
tion from overseas/
a marked" improverait in condi- home. The schedule of Liis The fusions have pledged them- From to-day programmes will be tions of labour, and without foul- transport has been altered so that selves not to compete with German
· broadenet regularly to all parts of
aho reaches home; in time for Finesseguen the Empire between. manding the atmosphere of our towns Christmas instead of being in the The route on which these vessels midnight, local tirna.
Bay of Biscay on December 25, 1 pare to operate is not divulg
and cities.
The Bourse welcomed the new. |Government with a strong rise, in
national credit and fentes.
THE FAR EASTERN DISPUTE
COMMITTEE OF 19 ADJOURN TILL JAN, 16
{THROUGH REUTER'A AGENCY.)
"GENEVA," DEC. 20.
AFTER weeks of intricate dis- cussions on the Far Eastern dispute the Committes of Nineteen adjourned till January 16. The Chairman, Mr. Carton de Wit and Sir Erie Drummond will con, tinue private negotiations in an effort to initiate procedure for con ciliation. Meanwhile, Governments will consider
the two the Draft Resolation, t
Leave it to Geneva)-
LONDON, Dec. 18, In the House of Commons -to-
M. Herriot was defeated on the night, Mr. David Grenfell and war debts issue. He was anxious Alr.. Thomas Williams, both mem that France should meet her combers of the Labour Party, urged mitments. The new Goverment is that the Assembly declare that no of a different temper.
FREE STATE TO REPAY U.S.
REPUBLICAN LOANS OF
1918-1920
[ARUTER'S AMERICAN SERVIER]·
New York, Dec. 20. THE Irish, Free State has decided to pay back the balance due on the Irish Republican Loans of 1918 and 1920, aggregating GB5,000,000, according to the Dublin correspon-
member of the League should re- cognise the Manchukuo; Govern. ment.
STRUCK OFF THE HONOURS LIST
NANKING'S DECISION REGARDING A. EDWARDES
(THROUGH REUTER'S AGENCY.]
NANKING, DE 18.
THE Government has decided to
strike...off from the Honours List the name of A. HF Edwardes, ox-Inspector General of the Chinese Maritime Customs, who recently accepted the appoint- ment of Adviser to the Manchukuo delegation at Genova. Permission to wear Chincso orders conferred on him will also be withdrawn.. An official statement says that this action is being taken because while receiving a pension from the Chinese Goverdment he has acted in a disloyal and unprecedented manner in accepting an appoint ment with the enemies of the Chiness. Government
32
PUSHER PLANES
Captain Eden replied that the best means of securing a satin | AIRSCREW PLACED BEHIND factory settlement of the dispute
were now
being discussed in Genova and added that while de licate matters are under discussion we shall not greatly help, by ques tions and answers.
SIR JOHN SIMON INDISPOSED
[BEITISH WIRELESS SERVICE]
RUGBY, Des 10. -,
PASSENGERS
(Special Air-Mail Service) ·
LONDON NOV. 20. Muci attention has been given lately to the idea of improving the forward view of single-engined aeroplanes by placing the airscrew: behind the passengers instead of in the nose of the machine.
„The long popularity of tractor
SIR John. Simon, who was preseroplanes has led to the develop- dent of the Herald-Tribune, th
vented from attending the ment of the air-cooled engine on It is stated that the necessary session of the League of Nations' the assumption that direct frontal législation will be introduced whens Council yesterday by a severe cold, cooling would be the standard the Dail reassembles on
probably have to remain indoors for two or three days.
BAN ONbruary is confined to his house anti will method. Now a growing demand
LIFTED
(Wah Ta Yat Pav.)
A
SHANGHAI, Dec. 20 The Nanking Financial Ministry has decided to lift the ben on rise in Kiangsu, Chekiang and Anhui in arder to meet the demand for rice supplies in other provinces.
the engine.
for pusher" types has led to the production of a special type of Bristol Pegasus engine. This gine, “similar in all mechanical resi spects to the standard Pagasus, has Its output-for 90 hours at "2,000 been arranged so as to secure. “Bir revolutions a minute was 522 hp. adequate flow of air over the cylin and this, with moderate super- ders and valves when it is set back charging, was raised to 674 h.p. to front. Such an engine has just The highest power yielded was 670 successfully completed an "Air- hp. at 2,300 revolutions's minute. Ministry type test of 100 hours, in The engine did not suffer from the course of which the cooling overheating and an examination stream of air was continuously after the test showed it to be in directed on to the reverse side of excellent condition.
(Continued on. Pravions Column |
DDDDDDI
To Build-up Health and Energy
BEDTIME is welcome-for there is a cup of delicious "Ovaltine"
as
"good-night" beverage. The sleep of healthy, happy childhood comes quickly. During those glorious hours of slumber the rich nourishment Ovaltine so abundantly supplies restores that tired little body and creates
new stores of energy to re- place the energy spent so prodigally all day long...
Children need so much nourishment during their active growing years. They need more than ordinary" food supplies. They are growing, physically and mentally, and nourishment is essential for healthy growth,
That is why "Ovaltine" is O good for them. This delicious food-drink supplies, in a concentrated, correctly- balanced and easily digested form, all the nourishing food elements extracted from specially prepared malt ex- tract, fresh creamy milk and new-laid eggs. These are Nature's foods which are richest in nourishment.
There is nothing haphazard about Ovaltine --It--was scientifically conceived and is made by a highly scienti fic process which took years to perfect, and which is ex- clusively used för "Oval-
tine
he manufacturers are by far the largest purchasers in the world of malt, milk and eggs for the manufacture of a food beverage. They are therefore able to select the highest qualities of these ingredients and to purchase them at the lowest prices.
OVALTINE
AMATONIC FOOD BEVERAGE
Builds-up Brain, Nerve and
ody