HONG KONG DAILY PRESS, MONDAY, DECEMBER 18, 1933.
NEW DEVELOPMENT
DISARMAMENT:
No
Separate Conference With Germany
FRANCE TO ADOPT FIRM ATTITUDE
""
Paris, December 18.
A new crystallisation of French" Foreign Policy appears to be emerging from the consultations now being held in Paris the French Foreign Mininster, M. Paul Boncour, and between
the Czechoslovakian Rapporteur of the Dis- Dr. Eduard Benes,
to thë Parts Newspaper. armament Conference, according "L'Oeuvre", which sums
up the new polley as follows:-
THE NEW POLICY
No separate conversations with Germany.
at
to
re-armament, No German least not as proposed at present.
No Disarmament Conference outside Genevs, but France and the Little Entente are ready discuss Disarmament with Ger- pany at Geneva on January 21.
The League Covenant shall be. amended only by a completely unanimous vote.
ence would at this stage best be assisted by parallel and supple- mentary efforts between various states with a full use of diploma- tic machinery.
The British Foreign Omce had been at work ever since it accor- däne with the terms of that de cision.
A detailed report of the
these
must efforts progress of clearly await the time when the full use of this diplomatic' ma- chinery had resulted, as he hoped it might in a degree of progress that would justify summing up the results.
L'Oeuvre adds that in view of created by the apprehensions Germany's foreign policy. Import ant discussions were held be
," Fremier. M. Camille tween the Chautemps. M. Paul Boncour, the Minister for War. M. Daladier. the ex-Premier. M. Herrlot, and M. Berenger.
It is understood that all agreed that the frmest attitude towards Germany should be adopted with
the countries which France.
FRANCO-RUSSIAN
44
agree
+1
"
IN
A WIDE GAP OF OPINION
INVASION OF CHARHAR
JAPANESE TRADE Over Present Fukien
COMPETITION
Quite Fair," Says
Mr. Okada
The Hague, Dec. 18
the Japanese competition in Dutch East Indies was quite fair declared Mr. Okada, leader of the Japanese cotton delegation, which has arrived in Britain to negotiate with the Lancashire cotton ders.
that the Mr. Oxada declared delegation was later visiting Hol- Dutch land to learn what the
had Government
to proposé.
Jea.
Japan would at present pursue a
neutral course.
the
make
It was of vital interest In a depressed world that people could buy goods of good quality for much lower prices than European Industries could them, he declared-Reuter.
CONVERSATIONS TO BE
RESUMED "
London, Dec. 18. Resumed conversations with cotton industrialists Japanese will be held in London next Wed- nesday.
A special Lancashire Committee. including representatives of every section of the cotton-and. arti- silk industries, has been ficial appointed to take part in the discussions.British Wireless Ser-
#
DISCUSSIONS OPENED "The Hague, December 18.
Japanese The members of the cotton. delegation to-day discuss- ed with the Dutch cotton indus-
try delegates the difficulties of the question of the importion of cotton goods in the Dutch East Indies.
Position
(From Our Special Correspondent)
Japanese Troops Occupy Hsifengchu
Peking, Dec. 18. According to a Chinese telegram from Kalgan, 1,000 combined Manchukuo cavalry and Japanese troops yesterday occupied Ha fengchu, eastward of. Tushihkow, and are rapidly advancing south ward.
Both General Sung Chebyuan, the
Chairman, and Charhar General Liu Kuel-tang the Bandit suppression Commander in East. Charhar, have telegraphed the Military Council asking for m- structions to deal with the situa tion.*
Canton, December 17. The political leaders in the pro-- vinces of Kwantung, Kwangai, and Fukien are seeking co-operation and support from one another al- though there is still a wide gap of opinion regarding the tendency towards the present political kitus- | tion among these three provinces. According to reports from 'well. informed circles here. the au- thorities in Kwangtung and Kwangsi advocate that the Fuklen faction should purge all the Com- munist elements. and expel all undesirables of the Third Party Internationals in Fuklen.
The Chinese authorities over, they insist that the People's Revolutionary Clovernment at Foo- greatly puzzled by this latest de- chow should be nullided and re- | velopment and are discussing. store the function of the Kuomin-measures to deal with "this tang. and at" the same time fresh Japanese invasion of Char- start an anti-Chiang Kai-shek har which they contend const movement simultaneously with the tutes a flagrant violation of the other, provinces...
Tangku armistice agreement, Reuter's Pacific Service.
More-
CHINESE "MILITARY
MISSION
Received By Mussolini In
Rome
Roine, Dec. 16.
The Chinese Military Mission which arrived here on December 12, was to-day received by the Italian Premier, Signor Musso- lint, and later visited the naval establishment at Leghorn.
The
CHINA PRESS COMMENT
RTG
AMERICA'S ECONOMIC
SITUATION
Brooking Institution's Report
MR. WARREN'S GOLD THEORY CRITICISED
Washington, December 17. The Brooking Institution, the foremost économie authority, in its report prepared by Leo' Pas- volaky, declared the United States gold policy.cannot be relied on to restore price levels, but may be patent in retarding its" recovery, He said that Warren's gold theory
to inapplicable was wholly
the complex of the modern world and even with the aid of such devices as the NRA.
The commodity price level does the rise in not correspond with the gold price.
The New York National Indus- trial Conference Board's Novem- ber survey reports further and more than seasonal declines in production, employment and dis- tribution.
have
Department store sales dropped, factory employment de- clined and for the first time since
Pelping, December; 17. Chin Teh-ahun Commissioner of Civil Affairs at Chahar, will leave, for Kalgan at noon. His assistant Sang Chen-yuan hand-March industrial production ha ling the new crisis in East Chahar declined sharply, especially auto- mobiles steel, fron and electric arising from the advance of com- bined Japanese and Manchukuo power, Public Works and soft coal forces into the Kuyuanchincheng being the only bright spota, area. Before leaving Chin-Teh- Shun
President. Congress makes Roovevelt's mild measures man- runway datory, we shall have Indation."-Reuter.
New York, Der. 16. It is understood that there no foundation for the report that General Hugh S. Johnson, will re- linquish his post as head of the United States Recovery Adminis tration.--Reuter.·
INTERNATIONAL
CONFER
·BANKEES ·:
3.5.
Washington, December 18 Professor Warren's gold price succeeded policy, so far, has not in raising commodity prices expected. Therefore, it is ballew- ed that the United States Ad-
decide" ministration will shortly on more extensive foreign par- chases of gold, although details are purely speculative.
Professor Rogers, Professor Warren's Yale "colleague, admits that the Budget has been badly unbalanced by the public works re-employment programmes.
He describes Professor Warren's monetary policy as relatively can- servative, signifying little more than operations 013 foreign' ex-
WORSE THAN A BAD GUES8”
The disparity in prices received by farmers and prices paid. "are forty-one below the prewar avér-changes-Reuter.
received mal tastric- tions from Ho Ying-ching,
Colonel Shibayama, Japanese Mili- Commercial failures are increas- tary Attache, has admitted the ed and employment in several of entry of Japanese troops, but give the major industries
more than an assurance of thelf withdrawal | offset gains in others-Reuter. as soon as -bankits were exter-
PLAN TO RAISE COMMODITY organisationminated on the Jehol and Charhar
PRICES
vice. GREATEST DIFFICULTIES The method's now being c
the ployed were best suited to circumstance of the mament The object was not, to make an 150 lated pronouncement or to pro duce a noble gesture. The bb with ject was to get, if possible, an
Mission, under General agreement between a great num
Yang Chlen, head of the Nanking states. No government
Military School, is on a tour of RAPPROCH-Ber of
could by its own single declara-
outlined The Netherlands
a Italy. France and Great Britain, tion produce a solution of the
military basis for future discussions which studying Britain the Japanese, delegation promis and training. In view of this opinion, the re- disarmament conference.
The members of the Mission after to convey invited had gone a long way in reducing ed
to Japan port that the Soviet has
and he often which armaments
the will be will inform
some months abroad. Moscow is her to M. Paul Buccour
the possibilities | Reuter. connection wondered if her own isolated ac Netherlands of signlicant in most
tion had really made disarma- for future negotiations. Reuter. with the idea of a Franco-Russian
ment easier to-day. Again, no rapprochement
machinery could by itself alter the fundamental dificulties of
MENT
Although such a rapprochment has been discussed intermittent. ly for some months, the anticipa- thn that it might create in Ger- many a fear of encirclement" has prevented it from beiriz -aë
they
the situation. The greatest and RAIL
IN
TRAGEDY POLAND
tively pursued.. for delay was France and Germany: the French 14 Killed: 80 Injured
Another reason
on account of Japan, the opin- ion being that a friendly attitude by France towards Russia might have repercussions in the Far "East, particularly in the event of Indo-China be- war in French tween Russia and Japan.
The French are now inclined to hold the opinion
these reasons are out of date, in view
that
in Collision.
Poznan, Poland, December 18, A disastrous railway coilkion. involing the loss of 14 lives and the injury of 80 others, occurred here last night. Many of the victims are children.
most stubborn of those difficul- ties. at any rate so far as Europe was concerned consisted in the divergent point of view, of
demand for security and the Ger man demand for equality. A re- conciliation of those two points been the greatest of view had difficulty since the conference be- The Government would gan. spare по effort to solve that British Wireless.
GERMANY MUST COME BACK London, December 16..
General of the of League
Mongleus Nations, Avenol. before leaving this after noon for Paris, after one week's visit to London, was the guest of Sir Austen Chamberlain at Lun-ed down cheon to-day. He has had. com versations during his sojourn: with
Minister. leading British and public men with whom he has discussed League affairs.
of Germany's aggressive attitude The Secretary and the American recognition of the Soviet which decreases
a
the
risk of Russo-Japanese war. 'Oeuvre states.
Finally, the Soviet believe that they are strong enough to hold an Army both on the eastern and western fronis simultaneously.
M. Plerre Cot, the French Air Minister, is most impressed with the Soviet Air Force which, he is reported to have told the Cham- ber of Deputies Foreign Affairs Commission, is strong enough to make the Japanese War: Minister, General Araki, pause and reflect. -Reuter.
SIMON TO VISIT MUSSOLINI.
Rome, December 18. The news that Sir John, Simon, the Foreign Secretary, is visiting has, aroused Italy at Christmas
great "satisfaction in Rome..
It is understood that Bir John Simon will return from Capri via Rome, where he will meet Sizno Mussolini.
It is understood that the Bri- tish Minister's are willing and an xious to
definite examine any
Signo:
The acciderit occurred just out- side the station. One of the trains, which was stationary, was almost entirely occupied by "child-
Three of the coaches crashi
the embankanent-
ren.
Reuter.
"ROYAL SCOT" RETURNS
In America
proposal for improvement of Lea After Successful Tour gue machinery which Mussolini may advance, and the "Times" says: It has been accord- ingly agreed that a series of ques tions should be drafted and sub- SOGA mitted to Sig. Mussolini as as possible. It is, however, felt that the immediate need is that every effort should · continue to bring Germany back to the con ference table. British Wireless.
NEW SITUATION CREATED
London, Dec. 17.
have No official arrangements been made for. Sir John Simon,
A new situation has been created visit, but it is believed that the subjects to be discussed. will in by a series of disarmament pro- clude Disarmament:" án attempt posals formulated by Herr Hitler to bring France and Germany and communicated to the French closer together, and Bignor Mus Ambassador recently and brought solini's proposals for the revision to London by Sir Eric Phipps, who of the League of Nations.
is. spending the week-end at Bir John Simon's house to discuss
Sir John Simon plans to leave London on Thursday next, and thera. after spending, two days in Paris The main points, ́according to will visit Rome, 'Geneva and pos- | diplomatic correspondents com- sibly Berlin.
M. Paul Boncour plans to vist Warsaw and Prague next week Reuter.
the
prise;
London, Dec. 18. The London Midland and Scot-
Royal Scot engine, steamed into. tish Railway train, drawn by the Euston Station, London, yesterday afternoon on the conclusion of Its journey over the United States and the Canadian railroads.
Scottish bagpipers played the engine into the station where the train officials were welcomed by Sir Josiah Stamp Chairman of the L. M. 8.
He read a message from His Majesty the "King" congratulating all concerned on the success ot the enterprise and particularly those responsible for the actual running of the train.
Judging from the particulars given of the heights climbed and the varieties of temperature ex- perienced, in a tour of over 11,700 Firstly, Germany to increase her miles this, said His Majesty, had long term Reichswehr of 100.000 been a most remarkable perform to a short term Militia of 300,000,- | anés,—British Wireless Service. but is willing to sign pacta of non- aggression with all neighbours,"
Secondly, to take all reasonable steps to remove nationalist mill- tarism, provided other powers did likewise.
Thirdly, Germany equally : with other powers to agree to a system of supervision of armaments, pro- vided it in not enforced while the is reorganising the Reichswahr,
Fourthly, Germany is in favour of progressive abolition of heavy
ASSASSINS TO FACE DEATH
Sequel To Murder Of Nadir Shah
SILVER MARKET
(From. Our Special Correspondent)
London, December 17. Following are the Silver Quota- tlans on the London market to- day:
Dec. 18 Dec. 15. .... 18 Forward
184 181 The London on New York cross rate to-day closed at £08. 5.133..
Spot
border.
New York, December 16. "Worse than a bad guess" is the United States Administra. tion's view of the possibility of a monetary agreement with Great Britain and France.
Mr. Harrison, Governor of the Federal Reserve Bank of New York, confessed that he com- municated regularly, telephony- cally and telegraphically with the. central banks of England, and France and also conferred with the United States device will
Treasury on- cials, weekly.
Washington. December 17. Vernacular pabers comment American experts an reported to most bitterly on what they term be examining a plan to force the 25.a fresh Japanese aggression, world gold price up to nearly the but believe that Japanese troops American level in order to stimu- will be withdrawn after represen- late the process of raising com- tations by the political Council-modity values. Opponents to the Reuter.
new plan claim the merely weaken the dollar in rela- tion to foreign currencies, though all agree it is equivalent to de-
This, however, did not imply that he had broached currency
BRITAIN'S SOUND creasing the guld content of the Stabilisation-Reuter,
POSITION
dollar-Reuter.
The
PROF. ROGERS ISSUES WARNING
inflationist advocates in
AID FOR THE
New York, Dec. 18, SMALL TRADER 18.11716 Mr. N. Chamberlain the United States congress are
CHANG RETURNING TO CHINA
Rome, December.". 16. *Marshal Chang Hsueh-liang lefi for Shanghai yesterday evening; from Venice aboard the ss. Conte Verdi
#
The ship met heavy seas in the Adriatic where a gale is raging.
"Reuter.
U.S. TENNIS RANKINGS
Optimistic
London, December 16..
Mr. Neville Chamberlain, Cham: cellor of Exchequer, at Halifax, last night, contrasted the condi tion of the country in 1931 and to-day.
2
re-
There had been wonderful change and the reduction in um
very employment had been markable. "This Christmas there will be 600.000 homes more than two years ago in which the bread-winner is in regular work. Our budget is "balanced, and I have every hope that at the end of the current financial year we shall have a substantial surplus. No member of the governmèri in these days can possibly be complacent, although I see no reason to be ashamed of express) · ing satisfaction at the successful
Shields Heads The results of our efforts."
In the
Men
New York, December 16. the official rankings U.S.
Tennis Association Shields heads the men, Miss Ja cobs heads the women, with Mrs Moody second. In the men's don bles Lott and Stoeffen come first
Reuter.
THE
༣ n«
After expressing the view that the time had not yet come for a return to party politics he pro- ceeded: "Since we have been in office the improvement in trade has marched step by step" with confidence, and it is most import- ant that we should do nothing to install into men's minds
the
idea that our policy is likely to be changed-British Wireless.
"MONSTER" OF
NESS
LOCH
Now Quoted As A "Risk" On Lloyds
BRITISH DETERMINATION
London, December 15. The Disarmament ConferencL will continue to engage the clos- -st attention of British, Ministers during the next few days. The British ambassador in Berlin, Bu Eric Phipps, who was in attend ance at yesterday's meeting of the Cabinet Committee on Dis armament is remaining in Eng land over the week-end in country with Sir John Simon.
The British Government's com tinued efforts to end the dead lock were referred to in a speech by Sir John Simon at Chester in to report the effect of Herr Manmud have last night. He said the with Hitler's proposals in London ced to death. drawal of Germany from Geneva A message from Berlin says sentenced to had added greatly both to the that competent quarters blame Hfe-Reuter. complications and anxieties of French obstinacy and rigidity the foreign situation. Last month for the slow progress and they four power conference when agree-fiercely debating whether to cap carried small deer or sheep on Its main principles 15 ture or protect the Loch Ness back and disappeared into the the Executive Committen nr misregard direct discussion as the ment on the Inseriament Conference resolv-best means of reaching a durable secured by separate negotiations. Monster which recently figured Loch when Mr. Spicer chased it
in a question in the House of Par-1 in his motor car Reuter. ed that the work of the confer settlement and would welcome
Kabul. December 17.
armaments, but demands equality Abdul Khaliq the assassin of
in defensive armament:
..
London, Dec. 17. liament' and has been quoted as Tales of marine-monsters normally ending with the Summer & risk on Lloyds. holidays are enduring this year imtil Christmas, thanks to the extraordinarily persistent graphic accounts of the playful antics of
Loch Ness Mon
Judging by even the most sober newspaper correspondence co- Tumas, the country has forgotten economic and other crises and is
Bir Erle Phipps returns to Her Madir Shah, and his accomplice a weird creature in the waters, of
-Reuter.
been senten- Two others were transportation for
A motorist, George Spicer, is "the only man to have seen the monster ashore and he described it throughout the country in broadcast speech to-night as a horrible creature 30ft. long, git. in height with a curved shape and grey in colour like an elephant, It moved across the road in a series of Jerks and apparently.
legisla-Through New Loan
Corporation
planning to organise a bloc tor": mandatory inflationary tion. Senator Borah and Senator" Thomas and.others are dissatisfied with the President's fallure to decisively use the amendment authorising 50 per cent. Inflation.
Professor
with Rogers, who
fathered the Professor Warren
dallar." "declared" "rubber
that public and civil works were push ing the country towards inflation and were badly unbalancing: the budget.
Paying wages above local wages and pulling away labour from industries would ultimately result in increasing unemployment faster than the Government could re- lleve it, he said.
He predicted stabilisation and a flowing back of capital from abroad, but uttered a warning.
new
London, Dec. 18. The City is discussing an im portant banking scheme which has been mooted to aid the re- !
of industry through a covery
be Loan Corporation to formed with the object of finan- cing. traders whose requirements are too small to justify a public issue of capital,, but for a longer period than the bank advances normally granted.
The Arst hint of the "scheme was given by Mr. J. W. Beaumont. Fease, Chairman of Lloyd's Bank. at the last annual meeting of the Bank-Reuter.
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