ANGLO-PERSIAN
OIL DISPUTE
HONG KONG DAILY PRESS, SATURDAY FEBRUARY 4 1933.
MUTINY IN DUTCH NAVY
BRIGHT SIGNS FOR BRITISH INDUSTRY
SETTLEMENT REACHED AT 425 NATIVES ARRESTED IN MR. "RUNCIMAN'S OPTIMIS-
GENEVA
(THROUGH EEUTER'S AGENCY.]·
GENEVA, Feb. 3. THE Anglo-Persinn settlement was approved by the, Council this morning.
It comprises four points. First: Both parties agree to suspend all proceedings against the Council until may or later.. Second: Both parties agree the Company should immediately enter negotiations, the respective legni points being entirely reserved.
Third: If the negotiations for a new concession fait the question will be re-submitted to the Council,
Fourth: Pending a fal settle- ment the Company's operations in Pergia will be continued ne before November 27
After the Persian delegate had expressed concurrence, Capt. A, Eden pail tribute to M. Benen' conciliation. untiring efforts at He declared that Britain had
SOURABAYA
(THROUGH REUTER'S AGENCY }|
BATAVIA, Feb. 3,
493 Native naval ratings were Arrested. to-day following their rofusal to attend morning parade ut the Dutch Naval Baso at Soura Laya.
An army detachment is standing hy, though at prosent në action is necessary.
"
FRANCE'S NEW POLICY
EXPLAINED BY M. DALADIERS
THROUGH REUTER'S AGENCY]
PARIS, Feb. 3. IMMEDIATE financial action" home affairs and inter- always desired a settlement between national peace, based on security the Company and Persin, Providin fereign affairs, form the key
note of a ministerial declaration by ed a settlement could be negotiated Daladiers to the Government. equal terms and the true in which was read to the Chamber Lerests of the Persian Government and Senate this afternoon. and the Company were identical he was condent, a mutually beneficial agreement éould be reached.
THE LEG THEORY CONTROVERSY
FOURTH TEST MATCH MAY
BE DELAYED
(THROUGH REDTEE'S AGENCY]
LONDON, Feb. 3. THE fourth Test match between England and Australia, which should connnence at Brisbane a week to-day, is still jeopardised by the leg-theory controversy.
The following is the M.C.C. cable to the Australian Board of Con- trol: We, the Committee of the Marylebone Cricket Club, note with pleasure that you do not cou- sider it necessary to cancel the re- mainder of the programme, and that you are pustponing the whole of the issue involved until after the present tour has been complet ed.
"May we accept this as a clear indication that the good sparisman- ship of our team is not in question ?
how impossible it would be to play
We are sure you will want nny Test Match in the spirit we all desiro unless both sides are satis Bed that there is no reflection on their sportsmanship.
"When you
recommendation teaches us, it shall receive the most careful consideration and will be submitted to the Imperial Cricket Conference,"
Dispute Settled?
BRIEDANE, Feb. 3. The Telegraph auriounces that the word unsportsmanlike "' has. been withdrawn by the Australian Cricket Board of Control and the dispute has been amicably settled, but the Marylebous managers will
not confirnt on deny this glate- rgent.
PRINCE BACK IN LONDON
(BRITISH) WIRELESS BERVICE}'
Ruany, Feb. 2.
THE Prince of Wales, at the con
clusion this afternoon of his tour of the Duchy of Cornwall, returned to London in his privaté aeroplane...
Affirming the determination to meet the financial crisis strongly and quickly, the Government pro poses an immediate Financial Re form Bill and regular· budget national equipment scheme,
It says the Financial Bill, to be tabled on February 7, will provide calling on everyone to bear a fair for substantial economics, while
Barden of taxation,
Referring to foreign affairs, the declaration emphasises the necessity for security, without which econo mid restoration, disarmament and general arbitration are impossible.
It also says the Government's participation in the disarmament end world economic conferences will be conceived by a spirit of international fraternity.
WORLD ECONOMIC CONFERENCE
MR. RAMSAY MACDONALD
ACCEPTS CHAIRMANSHIP
́ ́(THROUGH REUTER'S AGENCY)
LONDON, Feb. 3.
MR. Ramsay MacDonald, the
the invitation to preside at the British Premier, has accepted World Economic Conference, prt vided it is held in London.
The impression has been created in some quarters of the United States by a speech given by Mr. Neville Chamberlain, Chancellor of the Exchequer, at the American Press luncheon in London on Febru ary, that Britain desired the Anglo-American discussions to be strictly limited to debta,
With a view to dispelling this impression, an authoritative state- mont has been issued from London to the effect that subject to the conditions that the debt settlement must serommodate itself to the Lausanne Agreement, and that nothing be done detrimental to the interests of other countries, it in not desired to limit the discussions to questions relating to debts.
This morning, whilst in Corn. wall, he inspected his herds of pedigree cattle on his, farm at Stoke Chimsland. He also visited
St. Austell, where he was enthu Riastically received by crowds of his tenants.
BOOM IN GOLD SHARES
(THROUGH REUTER'S AGENCY.}
INSURANCE OF FRENCH LINERS
LONDON, DIFFICULTY.
OVERCOME
(THROUGH, REUTER'S AGENCY.)
LONDON, Feb. 3.
THE insurances of twenty-four large vessels owned by the
the London market-yesterday.
TIC SPEECH
[TÚROUGH REUTER'S ACRNOY.}
LONDON, Fab, 3 are bright signs for THERE
British industry, gording to Mr. Walter Runciman, President of the Board of Trade, who, in survey. ing the world situation in a speech at the St. Ives Chamber of Corn merce dinner took no gloomy, view of the position. He said there would be a gradual resina to pros- perity, and we are prepared to De enterprising as well as patient the future of Britain is assured."?
anti-British boycott had The ended in India and arrangements had been made which ought to lend to a great expansion of trafic with India. He had great hopes that during the next two or three years the volume of trade with India would return to ité former level.
With a hundreds of millions poption in India and China, &
very little increase in the standard of living would mean a tremendous increase in our industrien, Mr. Runciman concluded.
HOME FOOTBALL
HALIFAX DEFEAT
*
CHESTER
(THROUGH REUTÈR'S AGENCY]
LONDON, Feb. 2. HALIFAX Town, playing at home,
eliminated Chester in Fourth Round of the F.A. Cup yes- Lerday by 3 goals to 2 after extra time had been played.
the
Halifax will be at home to Laiton in the Fifth Round
Norwich City visited Coventry City yesterday in the Third Divi- sion (South) League and won by
goals to 3. Norwich are staging a comeback in this division, and their prospects of promotion are bright.
VISIBLE TIN SUPPLIES
REDUCTION OF 1,632 TONS
IN JANUARY
[THHOUGH REUTER'S 'AGENCY]
LONDON, Feb. 3..
THE Amsterdain correspondent of the Financial Times states that the reduction of visible tin supplies by 1,632 tons, to 43,011 tons duc ing January bas' created a very good impression in tin quarters, where it is thought that production is now definitely contracted to be low consumption figures.
LEADING THE TIGER" TO ITS PREY
SERIOUS ALLEGATION
·AGAINST SIR J. SIMON
[THAOCOU REUTER'S AGENCY.}...
NANKING, Feb. a THE federation of anti-Japanese
L
organisations has decided to telegraph the British Government urging the abandonment of her in the pro-Japanese · attitude" interest of friendly relations-be- tween Britain and China, as well as British trade in China. The telegram will any Sir John Simon is leading the tiger (Japan) to its prey."
CANTON NOTES Trade Outlook Pessimistic
CITY CENTENARIANS MEET
(From Our Own Correspondent)
CONTINENTAL LETTER
Budget- Struggle
US. to Re-start:
France; War Debts Talk with
Persia's Idea of Justice: Germany's Arctic Winter: Kreugers Auditor on Trial King Alfonso Comes East.
(Speci
The Budget Debate.
-Air-Mail Barvico),
January 207 Paris-The Government, emerged victoriously from the first round in the Chamber on the budget issue
BERLIN
German Elvers Fraze, Borlin-Slowly is the cold which was hovering over Central Europa during the last week loosening its grip. Instead of the 18 degrees be low zero as yesterday there were only 15 degrees in the capital this varo solidly morning.
CANTON, February 2 A general feeling of pessimism prevails in native trade circles as there is little onthusiasm on the part of the merchants to hasten the resumal of their activities after the new-year holiday. Many houses have delayed their re-opening, which is unusual these days, when PARIS it has become the practice to re- turu to business as soon as possible and wasts no longer time than what is necessary. It is presumed that some houses are looking for additional capital for their opera tions while there are others trying to dispose of their interests. Cases are teported in almost every line when former Minister Flandin's motion that the financial billa be of business where firms are unable referred back to the financial com to carry on following the heavy mitted, was defeated with 369 losses sustained during the past year. Another conspicuous factor against 903 votes after Minister of in local trade is the almost com- the motion. THE Committee for Disciplinary pointing to the depressed conditions Finance Cheron had spoken against The budget debate, which was questou Ki Chu Tung, Governor of plete absence of efforts for new Kiangsa, for an explanation of the business houses to be put up follow opened by the prominent Conserva- execution of Liu Yu Shen, editoring the new year,
tive deputy, M. Marin, waxed in- kilometers and holds a number of creasingly stormy, the frequent steamers imprisoned. of Chinese newspaper in Chin- kiang.
tumultuous scenes necessitating & temporary adjournment.
KU CHU TUNG ASKED TO EXPLAIN REASON FOR EXECUTION OF LIU YU SHEN
[THIQUOR REUTER'S ÁÖENCY,)
NANKING, Feb. 3,
Punishment of Officials has re-
SILVER MARKET
LONDON PRICES
(From Our Own Correspondent,)
LONDON, Feb. 3, CLOSING BILVER PRICES IN LONDON-TO-DAY WERE!-
SPOT
..... 107
FORWARD
estimated at $1,070,000.
18.15/16
*
All German rivers, aro frozen up. Though icebreakers are inerpasingly at work on the Rhine, the river frose up again just below efforts to blast a way through-there- with dynamite were made, it wär the famous Lorelei Rock, and though
found impossible to penetrate the wall of ice which extends over two
Banks and Rice Merchants. The native banks and the rice merchants are reported to have been the most severely hit. Many of the native banks have, neverthe- less, been able to reopen after the holiday contrary to expectations, bub it is feared that failures will be reported before long. As to the rice trade, over ten of the whole sale houses have had to close down, and the premises they occupied. However, the atmosphere is still along the Shakee Road, opposite charged with electricity and the Shameen, are being left vacant. Government's fate still romains in Again, there is also a controversy the balance, while behind the scenes between the wholesale merchants negotiations are going on for n and the retailers of this commodity compromise on the financial bills. over the question of credit terms, It is understood that M. Cheron is which the wholesalers propose to now prepared to cover one-third of reduce from 30 to 90 days. The the deficit by economics, another smaller merchants are said to be third by tax inorense, and the re- taking joint action, and are pro-mainder by a loan, thus consider posing a boycott of their opponents, ably changing what he had declared making arrangementa, meantime, to be his final and unalterable plan for supplies to be obtained from and the only possible solution of
the financial crisis. Hong Kong.
After the luncheon recase however the frenzied tempera subsided some what and, though the afternoon speakers were occasionally inter-pletely ice-locked. rupted by aries of derision, there were no further outbreaks until a late hour of the night.
*Old People Honoured, At the reception given by the Mayor of Canton to the old people in the city last Wednesday, there were present about 80 men and
Fires in Canton. ☺.
Foreign Labour Returned. women over 80 years of age, Two
Apropos the recent big fire in the of thein, one a lady, are conten-
Paris-According to statistics arians, and vie for the first honours, city resulting in considerable dam-
the Ministry of The ages of the other vary from 97 ago to a leading motor firm, some published by to 50. Another lady, the mother of a statistics relating to fires in Can-Labour, more than 300,000 foreign former Director of Education in the ton during 1932, na published by labourers have been sent back to City, though only 90 years old, had the police authorities, are of in their respective" countries during the distinction of being the head terest. According to these figures, the past twelve months. Only under of a family of living generations. 206 fires were reported for the year, very rare viroumatances permissions. It is understood that several of of which 100 had been put down are now granted to foreigners to those people will be invited to lead before damage was done. 651 build work in France, the first walk Reross the Pearlings were totally destroyed, while River Bridge at the opening cere there were also 11 fatal injuries mony, which has now been an- The total damage for the year was
(Coklimied on previous column ) nounced for the 18th instant.
!
I
Shipping in Hamburg habour is suffering greatly from the ice, which icebreakers are day and night busy in keeping on he move. Above the city, the Elbe River is com
and Bremer Between Bremen: haven the waterway is being kept. navigable only with the greatest, difficulties by the constant passage of icebreakers. Postal and reliel airservice bave been instituted to maintain connections of the islands in the Baltic and the North Sea. with the mainland. HAMBURG
In Memory of a Gallant Fight.. Hamburg.The Hamburg Ameri», ca Line motorship "Magdeburg, which is due here to-morrow morn ing, is conveying, it was learned to-day, a laurel wreath donated by the former crew of the Australian cruiser Sydney" in honour of the famous German cruiser Emden, The Emden, it will be remembered. was badly battered and put out a action by the Sydney on November 91 1914. The wreath had hither in Sydney and will now be pre sented to the German navy
lain in front of Government Hou
▲ Great Shipping Magnate; *** Homburg-Herr Marius Boegor, now vice-president of the Hamburg America Line and before that, pre It is further stated that most of sident of the German-Australian these workers are originally come Line, has been elected to-day Pre- from Poland, mostly in the years gident of the Hapag, succeeding the following the War, when there was late President Cuno, Herr Boeger a shortage of labour hands in 18 63 years of age and has played France. They have now important role in the de
Further inrund upon the visible Disturbances In Kweichow been sink back to Polsad is epite velopment of the German shipping
supplies cannot fail to materialise it deliveries, especially those to the
United States continue to increase. A WARLORD WHO TOOK HIS MOTHER'S
as the authorities beieve they will
It is also stated that fears of in- creased outside production аге greatly exaggerated. "
THE DISARMAMENT CONFERENCE
PROFOUNDLY DISAPPOINT- ING YEAR
[1ABOCOR REUTER'S AGENCY.}
едов.
ADVICES:
OPIUM TRAFFIC STILL PROSPERS
(From Our Own Correspondent)
EAST KWEICHOw, Jan; 16.
Since the revolution the neigh houring province of Szechuan has had 477. civil wars, so reported a Central China newspaper recently, and although Kweichow has not such a big record yot it has had
LONDON, Feb. 2. THE General Commission of the Disarmament Conference met at Geneva yesterday on the anniver sary of the opening of the Confer The resident, Mr. Arthur Henderson, said that the year had been eventful, but as far as real disarmament was concerned it had. been profoundly disappointing.. Messageries Maritimes, returned to The business was the discussion of the French plan which was pres In view of the serious claims in sented by Monsieur Massigli the insurance markets in recent Critical speeches were delivered by years in respect of fires on French Baron Aloisi Leisi for Italy and liners, business circles are grati-Herr Nadolny for Germany, both fied that British underwriters are stressing the wish of their counamount of dollars from there, again ready to provide insurance tries for positive disarmament ALTHOUGH the Stock Market on acceptable terms.
generally closed with-consider- The differences which arose be At the conclurian of the debate able irregularity prices, South, tween the shipping management on the French plan the Commis African gold shares registered fur- and the underwriters when the in- sion will probably examine the re- ther substantial gains, but insurances of the Messageries fotcent British proposals for speeding many instances the best prices recently fell due for renewal have up the work of the Conference. were not maintained.
now been bridged and as a result the insurances are and Park PLANS FOR OPIUM placed in the London and ・markets
SMUGGLING
LONDON, Feb. 2.:
Brokers compare the activity in gold shares of the last few days with the boom of 1805...
A feature of British funds was the firmness of the War Loan 31 per cent, issues, which closed at "90). CONTROL OF BOOTS DRUG- -COMPANY
(Special Air-Mafi Service) After being under American do mination for 12 years the contro! of Boots Eure Drug Company is again passing into British hands. According to a statement issued
COLLAPSE IN RAW COTTON PRICE
BUYERS HOLDING
ALOOF
of the strong protests raise against trade- this action by the Polish Press.
War Debt Negotiations.
WARSAW
Film From Poland, Warsaw. With the strong finan- - Paris.-The early official resump-'cial backing of the Paris company, tion of the Franco-American war Pathe Cimema, a film production' debt negotiations and France's in company under the name of Aurora vitation to Washington after Presi Film Corporation has been found- dent-elect Roosevelt's inaugurationed here and is to begin its activi narly in March, is forecast by the ties at the beginning of next, month,
brought back with him some Hunan Press in connection with the Pre soldiers to assist, while the Kwei- mier's conversations with British chow troops from Hungkiang also and American Ambassador to Faris, hired Hunaneas to strengthen their Lord Tyrrell and Mr. Walter hands. General Tach was at Tung-Edge. jen. Eventually Wang retreated to the South, and meanwhile pro
It is furthermore understood that
tions.
The programme of the new com pany includes a co-operative French Polish production as well as the distribution of films of other Poli companies, mainly in France, Great Britain, Belgium, North-and South
America.
a member of the board of dire
Kreuger's. Auditors Acquitted. Stockholm-A minor
sensation was created to-day when the cours acquitted the auditor of the col lapsed Kreuger, Concern, Mr. Hen- dinb, who was tried on a charge of collusion was in the forgeries in the books of the form of Kreuger and Toll, and rejo.fed the claime against trim.
its 'quota of internal troubles, and clamations were issued in mans. Paul Boncour exchanged opin Polish-financial circles are par towns under the name of General ions with the American diplomaat, is now engrossed in Civil War once more. After the death of Taco Hai Yu as Commander-in-Chief of the Mr. William C. Ballitt, who ar ticipating in this new venture Teen in 1929, Mao Kuang Chiang Kweichow forces. Early this month rived here recently from London through the bank of Miendzynaro was made Provincial Chairman of General Yu was driven out and an unofficial representative of dovi in Warsaw, the manager the province, and Wang Chia Lich, Wang is reported to be back in the President-elect Roosevelt. In this general of which has been elec Commander-in-Chief of the 25th capital. All this means that the connection the Press recalls Mr Army. For a considerable time people throughout the province Bullitt's stay in the French capital of the Aurora Company, Wax was in charge of Hungkiang have been heavily taxed and had to late President Wilson's repre- STOCKHOLM in Hunan, and collected much resupply large quantities of rice for sentative during the peace negotia venue from that place and from the troops. The towns on the main the taxes on the large consignments roads had hardly collected the funds of opium which came down from demanded and found the grain for GENEVÄ Kweichow. Paper currency was the soldiers on one side who were issued and no traveller was per- there, when they left, and the on-
Anglo-Persian Oil Dispute, mitted to talde more than a fixed posing forces entered the town and more funds and grain had to be
Geneva The British Govern- Attention, however, was not paid supplied
tment's mandate to bring the Anglo to the district between, Hungkiang Brigands Raid Mission School,
Persian oil conflict before the and Kweichow border, with the re
Fighting and movements of troops League's Council was questioned by The prosecution gave notice sult that large bands, of brigands is a signal for the brigands to Persian delegate, Davar Khan, appeal, anouncing that it would held the roads and river in certain increase their activities, After when the dispute came before, the furnish additional evidence when parts. Last year Wang decided to General Tuch left Tungion, the Council this afternoon The pro- the case comes up before a higher drive out Mao,, Mao's old mother, Ming Deh School of the Evangelical ceedings opened with a speech by courtne who is a vegetarian, urged her son Mission outside the city was visit British Foreign Secretary Bir not to fight as it, would mean so ed one night by bandita Some of John Simon, who insisted that prio
ROME much suffering to the people, and the students were badly beaten by ciples of international law were in- Mao heeded his mother's exhorta the brigands. Two were carried off valved in the dispute, an amicable Home Ex-King! tion and left in favour of Wang but one managed to escape while settlement of which was earnestly at present on Wang Chia Lich's administration, the other lad later invercame his desired by Great Britain though is tager hunti KNOWN AND LIKELY TO BE however, was not acceptable to captors and also escaped. The was impossible for the British to Pross
many of the officials in the province, ligands got away with not a little Government to negotiate with Per-Italy and a number refused to obey him. I loot belonging to the scholars sin on the present illegal beais It Trouble has been brewing for some Search was made the following day Sir Jolm Bnally demanded that, if mons time and last month matters came in the neighbouring district,
need be, the Council should rang
IDERITES.
FOILED
Wuchow, February 3, It is learned that certain Chinese opium smugglers are forming an opium eyndicate, in conjunction with a group of foreigners in Bouth China. Their object is to transport opium from Yunnan Province, vid certain foreign territory, to Chinese coastal trading ports. However, it is not, expected that any form of permission for passage of opium over foreign land will be obtainable, sarch-nation-fu ontradictory the International Opium Convers
(THROUGH REUTER'S AGENCY.}.
MANCHESTER, Feb. 3. INOE the beginning of the year, by Mr. L. K. Liggett, president of there has been an almost con- the United Drug Company of tinuous decline in American cotton America, the controlling interess prices, reaching yesterday's quota in Boots was sold through Mrtion of 48k for, middling cotton, Philin Hill to Hambros Bank which is the lowest since August 8. Limited, Erlangers; Limited, and The moventent is adversely affect" Philip Hill and Partners, Limited ing the yarn doth trade and It is stated to be part of the buyers are holding aloof as there is tion. agreement for sale that the presta Little confidence that current values A report of management and policy of the will be maintained. Unless the was oire company shall continue. Comment demand improves speedily, pro the on the transaction is made in Oity ducere expect to be compelled 770 “sb
Notes:
restrict production.
thep
j
A roy con
to a climax when with the aid of Chenyuan has suffered many times the annulment by. „Parties machine guns General Yu drove out at the hands of bandits," and, on Wang from Kweiyang, Yu entering Christmas Day a large force arrived from the West and Wang retreating at the West Gato dem towards Kweiting and district. trance. This was refn Fighting broke out in several places local militin and and Tsunyi seemed to suffer the the brigands
by Moh most when it was attacke Yin Chow
The fighting last several days
ious years in Kwel
tion in the
tozda
the
The debate was finally, adjourned
ss in without decision having been sege
Tenched