REVIVAL IN BRITISH
TRADE
Treasury Returns Show Large Increase
HONG KONG DAILY PRESS, THURSDAY, DECEMBER 14, 1933.
INDIAN TEST TEAM
To Play Against M.C.C.
Bombay, December, 10. The Indian team to play against the M.C.C. in the first test match
DISARMAMENT NANKING PEACE
MISSION
PROBLEM
Britain in Touch with Receive Warm Rome, Paris & Berlin Welcome at Canton
London, Dec, 12,
VISCOUNT CHURCHILL'S COMMENT commencing on December 15 is as ference Bureau, when a fortnight
London, Dec. 12.
Viscount Churchill, presiding at
follows.
O. K. Naidu, Wazirali, Amarath. Jal, Colah, Amrsingh, Ranji, Nis- sar. Jamshedți, Merchant. Navie
annual shareholders meeting L.M.S. RAILWAY wicket-keeper).
of the British Overseas Bank to- various that despite. day stated new unsettling factors which had last twelve appeared during the months, the first faint signs of trade improvement noticeable a year ago had definitely grown stronger.
Indeed, in view of the difficultles mentioned, the force behind this favourable development must be ery much greater than could be measured by the actual recovery shown.
OI
COMPANY
Ambitious Improve- ment Programme
The
of
an
London, December 13. „announcement £8,400,000 replacement and im- provement programme for 1934 by the London Midland Scottish" Railway Company follows the con- stantly improving trame returns
Ever more reassuring was that this progress was largely the out- come
regained confidence among bustress 'communities, es-of pecially in Britain, who had begun to recover from the shocks of the last few years and to adapt them- selves to the new conditions.
British Rallways in recent months, and is a further indica- confidence. tion of increasing
construction of 232 locomotives,
"Reserves: Nazirali, C. 8. Naidu. --Renter.
M.C.C. DRAW WITH BOMBAY CITY
Bombay, December. 13. The
two-day match between the M.C.C. and Bombay City end- ed in a draw
Scores:
Bombay City, 1st innings 140 M.C.C.. 1st innings (for 8
318 wickets, declared) Bakewell, 107. Bombay City, 2nd innings
(for 2 wickets) -Reuter.
56.
The company propose to order the GREATER USE OF
INDIAN COTTON
He believed they could look for-159 locomotive bollers, 74 (7) car- ward with increasing confidence.
The Board of Trade returns for November show that for the fifth successive month. British experts have increaed.
BOARD OF TRADE RETURNS The figures are imports, £63.734,- 338. an increase of £1,963,285 on October, and of. EZ,218,422 on the previous November; exports, £34, 434,969, an increase of £303,983 on October and of £3,341,282 on the previous November,
Compared with November 1932 last month's importa show a de- cline of £2335,562 in food, drink and tobacco and an increas of £3,332,117 in raw material and mainly unmanufactured articles.
The main items contributing to the increase in last month's ex- ports, compared with those of the previous "November, were iron and steel, non-ferrous yarns woolens and manufactures thereat, chemicals and vehicles,
For eleven months of this year, imports totalled £813,017,716 and exports £337,012,235.
metals, cotton
Compared with the correspond- ing period of last year, imports declined by £29,440,575 and ex- orts increased by £4,371,023.- British Wireless.
BRITISH.FINANCES SOUND
London, Dec. 12.
The latest Treasury return's show that" ordinary revenue for the current financial year up to 9th "December, amounted to £385,-
189,086. At the corresponding date Btood of last year, the amount at £375,137,801.
Ordinary expenditure to date for the current year totalled £$28,- 455,783. as compared, with £579,- 962,009 at the corresponding date last year.-British Wireless.
#ACTRESS JUMPS TO DEATH
New York, Dec. 13.
The actress, Adrienne La Champ,
wife of Mr. Chauncey Keim, the theatrical
plunged to
producer,
riages, 5,365 wagons and 8,000 tons of steel rails to renew 500 miles of the permanent way.
This follows the recent orders for 2,000 freight wagona specially
'Researches Now
designed for the new high speed Being Carried Out
goods services and 100 new loco-
motives.
Important
London, Dec. 13.
:
In accordance with a decision taken by the Daarmament Con- ago it adjourned until January, "parallel and supplementary ef- forts" have been and are being undertaken by the various Gay- ernments through diplomatic channels."
With this general object in view, the British Government are in close touch with Paris, Berlin and Rome and are encouraging con- versations.
(From Our Special Correspondent.)
Canton, December 13. The Nanking Peace Delegation, beaded by Mr. Chang Chi, arrived. here from Hong Kong by the 5.5. Lungshan this morning. Mr. Chang Chi and the members of the delegation were warmly greet- ed by a large crowd of officials from the various government organs.
Immediately upon their arrival they were. escorted to Tui Sze Yuen, a government club at Tung- These communications have atomcial engagements to attend this shan. Or account of two many morning Mr. Chang Chi declined to receive ang Press representa tives until this afternoon...
present only reached "the
stage and it may be ploratory assumed that when they have been carried farther, the next business of the British Government will be to collate the results.
|
MORE DEFECTIONS IN ROOSEVELT'S "CAMP"
ASSISTANT TREASURY SECRETARY
RESIGNS
Mr. Woodin
Woodin Expected To
Follow Suit
Washington, December. 13. Further defections among Pré-
phesied. sident Roosevelt's oficials are pro-
It is reported that at torney-General Homer Cummings is resigning at the end of the year to take up a banking posi Mon.
It is learned that Mr. Chang Chi
Secretary of Treasury William and Company plan to remain -in Canton for two days and upon Woodin, who was recently grant. mission here ad leave of absence, will formally they will proceed to Wuchow on resign his post before January 1. the 15th and from thence to Nan-
Mr. Hewes, assistant Secretary ning on the following day, where they will confer with General LI of Treasury, is expected to hand Chung Jen. Commander-in-Chief in his resignation at any moment.
--Renter. of the Fourth Group Army, and oficials In important other
It is emphasised that the pre-completing their sent situation will not be cleared up by an isolated pronouncement from any quarter, as the whole purpose is to seek the best pos- sible basis upon which the work at Geneva could be resumed with the prospects of achieving some
thing positive. The recent inter-
view which the President of the isarmament Conference. Mr. Ar- thur. Henderson, had with the Eri- tish Foreign Secretary, Bir John Simon, is understood to have been extremely cordial and they are working in close accord.
The Secretary-General" to the League of Nations, Mr. Avenol to- day called at the Foreign Office
Kwangs. It is stated that after
their trip to Kwangal, they will leave for Hong Kong and return, to❘ the Capital. before the opening of the Fourth Plenary Session of the Kuomintang.
HEWES RESIGNS. Washington. December 13. Mr. Hawes, Assistant Secretary of the United States Treasury, has resigned, and Mr. Woodin is re ported to be resigning in the New Year, for reasons of health.
He is at present on a vacation. --Reuter.
NANKING TAKES HELPING AMERICAN FARMERS. researches which, it and had a long conversation with FURTHER ACTION
Sir John Simon.-British Wire-
is hoped, will lead to a greater use of Indian cotton by Lança-less. hire, are being carried out at Man- chester.
Experts are seriously investi". gating the possibilities of adapt- log machinery for the purpose,
Since the formation, in 1923, will have spent the company
£100,000,000, the equivalent to a quarter of the issued capital on re-equipment and Improvements. These include 2,500 locomotives 129,500 wagons and 1,000,000 tons of ralls.
A3 part
increased of the efficiency programme the types of locomotives in the company's ser- vice have been reduced from 393 to 204 while the number of super- heated engines have been increas-newed Anglo-Japanese parleys--- by 2,000, or more than doubled.
The London and North Eastern Railway have placed orders for 3,480 tons of cast iron permanent way chairs-British Wireless.
IMPERIAL TRADE UNITY
Premier's Statement in Commons
London, Dec, 12. When
House of asked in the Commons
whether he' to-day would consider establishing an in- dependent trade body under the chairmanship of a British minis- ter to undertake the development of imperial" Trade Unity, the Prime Minister replied that the Government were always ready;" in consultation with other mem- bers of British Commonwealth to
consider means for the develop ment of inter-imperial trade re- lations.
They had noted, in that con- exion. the suggestion recently made by the High Commissioner for Australia, Mr. Stanley Bruce. --British Wireless.
on her dress, one of, which was
yesterday addressed to the police, and which
装飾
death
from
the read, "Flease notify my mother,"
fifteenth floor of a room in a Madame La Champ, Shangbal”—
mid-town hotel.
Two farewell, notes were pinned
Reuter."
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The special commitee establish- ed to consider Japanese competi tion will meet this week to make final arrangements for the re-
Reuter.
FROTEST MEETING CALLED London, Dec. '13.
The inaugural meeting of the countrywide campaign of protest against unrestricted Japanese im parts instituted by the Conserva- tive members of the House of Commons for Lancashire' con- stituencies, will be held at Man- chester on January 23.-Reuter. FRANCE NOW INTERESTED
Paris, Dec. 13. During a sitting of the Customs Committee of the Chamber, M. Laurent Eynac, Minister of Com- merce, replying to a questioner regarding the danger" of Japan- ese competition, declared tariff measures to deal with the menace will be considered.
that
The Committee discussed the 15 per cent. surtar on British goods, and it is understood that the French Government is now agreed in principle on the abolition of the tax. An announcement with be made shortly, when the neces- sary safeguarding measures determined-Reuter.
RECONSTITUTION OF LEAGUE
Recommended by U.S. Missionary Society
аге
Washington, Dec. 13. Representatives of the United States Foreign Missionary · Bo-- "elety have urged President Roose- velt to, sanction the reconstitu- lon of the League of Nations, sep- arated from the Versailles Treaty. They have also requested him to raise the immigration ban against Orientals Reuter.'
INTENSE COLD IN US. Fifty-two Deaths Reported
New York, Dec. 13. Fifty-two people have died of the intense cold in the north-weat ind eastern states of America,
Damage, estimated at millions of dollars has been done by storms and floods, t
The ley pavement of Michigan, Ohio and Pennsylvania have ac- counted for over 30 deaths. Reu
ter.
SIR JOHN SIMON
May Take Holiday On Continent
London, Dec. 12.
It is probable, though not yet finally decided, that when the House of Commons rises for Christmas, the Foreign Secretary, ir John Simon, may take a very short holiday on the Continent.
Whether this is possible or not depends on Cabinet and Foreign Office work, and no details have been settled British Wireless,
SILVER MARKET
(From Our Special Correspondent)
London December 13. Following are the Silver Quota- tions on the London market to day:-
Dec. 13 Dec. 12 Spot....... 18 9/16 18+ Forward less 184 18.0/16 The London on New York cross rate to-day closed at 'S-US. 5.061.
%
Against Fukien Rebels
this
GOLD RESERVES IN AMERICA.
Washington, December, 13. An important official statement, foreshadowing the issue of addi
the United tional currency in States, declares that the Federal Reserve Banks have sumcient gold reserves to increase currency by.. over 50 per cent.
On the basis of the old statu- tory gold price of U.S. $30.87 and by utilising all eligible resour ces, the Federal Reserve could is sue nearly U. 8. 83,000,000,000 of new Federal Reserve notes having over 40 per cent, of the legal gold “coverage.
*
Federal Reserve banks are there". fore prepared to isque this add- tional currency as loans become more numerous.-Reuter.
"ANOTHER GOLD PLAN
Washington, December. 13. Senator Thomas has prepared a Bill to give the Government the benefit of the increased valus' of its gold reserves, if the dollar is revalued. ·
Washington, December. 13. Strenuous efforts are being made
The Bill aims at removing gold to satisfy the United States farm- ing community, declared Mr. Henry completely from circulation and to C. Wallace, Secretary of Agricul-empower the President to impound ture in an address, yesterday, to gold from every source, even to the Chicago Convention of the the extent of forcing the Federal American, Farm Bureau Federa- Reserve to surrender it... tion.
Mr. Wallace, pleaded for strict adherence to the Agricultural Ad justment's Administration pending an agreement on a long-term farm programime.
He uttered a warning against huge loans to foreign countries for
Nanking, December 13. Nanking has
further taken formal action against the Fuklen ringleaders with a decision by the
Political Council Central morning to dismiss Chen Ming Shu, Li Tsai Hsin and Tsai
all Ting Kal from the posts the purchase of American products they held prior to their coup until the United States was ready d'etat. The decision is significant, to accept large amounts of goods in as much as this is the first time from abroad. Tsai Ting Kal has been officially
The Assistant Secretary of Agri- denounced as a rebel. Previously culture, Mr. George N. Peek, stated apprehension of the Pp his name was carefully omitted that the
from decrees and manifestoes Government to take over private:
"Chen Ming Shu, Ll Tsin Hsin cised a few of the ultra-liberals and 'others.” · This action against for such suggestions. Taal is regarded as an indication that Nanking has abandoned all hope of the Nineteenth Comman- der returning to the Government fold
Senator Thomas has estimated that 84,325,000,000 worth of gold could thus be impounded-Reuter.
SIR CECIL CLEMENTI
Possible Visit To Sumatra
-
SQUABBLE OVER of the expression banks was unwarranted. He erith- of Sumatra, Jonkheer van Suchte-
S.M.R.
Now Believed To Have Been Settled
Dairen, December 13.
.between gaps
Before the rebellion Chen Ming Shu was a member of the National Military Cotinell Li Tsai Hsin Director-General of Military Train- the ing and Deputy Commander-in- Kwantung Army and the S.M.R. Chief of the Bandit Suppression over the proposed re-organization Forces in Honan, Anhwel and to Hupeh Tsai Ting Kal was Fuklen of the rallway are belleved
Pacification Commissioner Com have been bridged.
The wide
It is announced from Chang-mander-in-Chief and concurrently 'chun that final plans have been Field Commander of the Nine-
teenth Army-Reuter. completed for presentation to Tokyo for Ministerial approval Their nature" is not disclosed, but it is believed to. safeguard em- who nevertheless, are ployées sending a delegation to Tokyo," to protect their interests. Reuter
SALVATION ARMY
IN MANCHUKUO
To Come Under Japanese Control
ANTI-COMMUNIST DRIVE
More Preparations on Kiangsi Border
(From Our Own Correspondent)
Canton, December 13.
In facilitating the transporta- tion of troops along the border in Southern Kiangsi for the anti-
London, Déc. 13.
Communist drive, General Chen The Salvation Army Commis- Chat Tong, Commander-in-Chief of the First Group Army, ordered Bioner, Mr. Henry Mapp, will be General I. Yang King, Comman the first Chief of Stan to at der of the Third Army to com- the Army's headquarters while plete military road from Hing- in offce when he departs toning to Wen-Blen within two wi morrow for a four-month' tour weeksjoner kan ma
sent:
The Government of the Dutch. It is stated that the work for East Indies propose to hand over the opening of this military road to the Army & leper. Colony larger has been entrusted to General than the four they already manage Wong Yin Ching, a Divisional there.
Commander of the 7th division of The Army is extending its pre- the Third Army. 3,000, workers
North work, in
China have been employed for the build- throughout South-China.
ing of this military road and it is One of Mr. Mapp's duties will expected that the work will be be to visit Manchukuo andar-finished within a fortnight. range for the future of Army's Work for the three lines of de- work there which is at present fence along the East River region controlled from the Peking head as drawn by Ceneral Li Yang King, Commander of the Third quarters
Army, is now being carried out. -
The Japanese headquarters now desire to take over the responsibil- ity of this territory-Reuter
CHINESE NATIONAL
ANTHEM
London, Dec 13, Army Orders state that "the Party Bong" will now be used as the Chinese National Anthem,
The Order adds that bands should possess at least one set of the muste
A Chinese authority here avers that "The Party Bong" is now more popular than the old Na- tional Anthem.-Reuter
COLONEL PANARANDA CLAIMS VICTORY
Succeeds In Rejoining Bolivian Army
La Paz, Bolivia, Dec. 13. Countering the Paraguayan claims of a dazzling victory, the Bolivian War Minister announces that Colonel Panaranda, with 3- 000 troops, has succeeded in re- joining the main Bellvian army.
The President has promoted him to General Reuters
He attacked the" methods of the farm strike leaders and protested against strikes against President Roosevelt's Administration, which restore
was honestly trying to equality to agriculture-Reuter.
It is possigle that HE. the Govez nor, Sir Cecil Clementi, who is go- ing to Penang for Christmas," may also visit Sumatra before the New Year.
The Governor of the East Cosat
len, was in Singapore last week. He dined at Government. House on Tuesday and it is understood that he then invited Sir Cecil and lady Clementi and their two daughters to visit Sumatra and make trips to Brastagi and Prapat, the hin resorts.
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