AL

HONG KONG DAILY

PRESS, SATURDAY, JUNE 30. 1394.

ANGLO-FRENCH TRADE AGREEMENT

Confidence In Trade

Increase

London, June 28.

The new Angio French trade agreement which was signed yes- terday will come

Into operation tion on 1st July and is to remain.. in force till 1st April, 1935, and thereafter will be continued sub- of efther right the ject, to Government to denounce it at any time so as to terminate it in three months at the end of quarter In which the notice is given.

Under the agreement, the text of which was issued to-nigh; "each

undertakes the country

most favoured nation treatment in mat- ters of customs duties, with cer- tain exceptions.

All quotas in respect of United Kingdom goods are to be restored to 100 epr. cent of the United Kingdom proportionate share in each trade concerned as calculated upon the Agures of such trade in the basic period.

SURTAX TO BE REMOVED The surtax, of 20 per.. cent. im- posed on certain French goods by the order of. 9th February, 1934. is to be removed.

also contains The agreement certain provisions regarding the operation of the French quotas, designed

United to enable the Kingdom trade to utilise fully the quotas allotted to it.

SPECIAL SILK

DUTIES

Revised

Schedule

London, Junë 28.

Special silk duties forms one, of the features of the agreement re- cently concluded between France and Britain.

+

--

In "connection with the Anglo- French trade agreement. the" Treasury has issued

order bringing into operation, as from July 2, a revised schedule for Cus- toms and Excise duties and articles made wholly or partly of silk or artificial silk.

06 silk

The duties include special rates on eastern tissues known as Shan tung, Ninghal, Nanshan, Homan. Antung and Habutal amounting to 3s. 6d. per pound where they are dyed or printed. and 29. 9d. a pound where they are undyed or unprinted.

MADE-UP ARTICLES

In the case of made-up articles, consisting wholly or partly of silk or artificial silk, the rates of duty are unchanged, except where the value of the silk or the artificial In addition to these undertak-silk component exceeds five per Ings regarding French quotas,

cent, but does not exceed 20 per guarantees have been given as to

cent, of the aggregate values of the quantities of many of the more

all components of the article. In important classes of United King-this case, the duty is increased dom goods subject to

from twenty to 25 per cent, i France which will be

In addition to the duty per

quota in admitted

from the United Kingdom during pound on the Eastern tissues al- the period of the agreement.

ready specified, they will be sub-

per

In regard to imports of United|ject to a duty of 25 per cent. of Kingdom coal into France, the the full value of the article, or. French Government undertake io

in the cast of dyed or printed maintain. In full the existing per- tissues: Tid. square yard centage namely 49.5 per cent. of which ever is the greater.-Reuter. the normal global quota which at present is 58.5 per cent. of the average imports into France from all foreign sources ir" the period 1928 to 1930.

זי

to "the There are, m addision basic percentage, certain supple mentary allocations for ports etce-

tera.

COAL PURCHASES

It is laid down that these shall not be reduced in greater propor- tion than the normal quota and shall remain open to free com- petition. For mechanical, coal, freedom of purchase is to be main- tained as at present. These guar- antees regarding coal arc linked with an agreement between. the United Kingdom mineowners and the French coal fimporters regard-" ing the purchase of pit props,

On the United Kingdom side. the duties on certain classes of goods imported from France which are of special importance to the latter country are fixed for the

of period

the agreement. The. most important of these classes are silk and artificial silk,

United Kingdom French brandy and sparkling wines

duties on

are not to be increased during the period of the agreement.

A

clause of further

A type normal in receat French trade agreements makes provision as "to

the procedure if either Govern- ment should take action which up sets the equilibrium resulting from the agreement-British Wireless.

1

STEEL STRIKE THREAT

Arbitration Board Appointed

SATISFACTION

IN BRITAIN

End to Taxes and

Quotas

::

GENERAL" O'DUFFY

WIMBLEDON TENNIS

Yamagishi Loses

"to Crawford

ELECTION

RIVALS

Almost Neck

and Neck

Dublin, June 29.

13 the

A stalemate appears inevitable in the local Irish Free State elections. The Flanna Fall (Mr. Eamon De Valera) and, the United Ireland Party (General O'Duffy) are almost neck and neck, A significant feature success of the Independent Party, particularly urban districts.

In From this it is inferred «that many electors prefer to keep local affairs apart from Party politics. In any event, neither of the principal parties will be able to claim 1 decisive verdict on the Government's agricultural policy and the continuance of the econo- mic war which were made the Cardinal issues.

are

Political circles in Dublin discussing the possibility of Mr. De Valera going to the country to seek a verdict on a wider Par-

In the fourth round of the Wim-liamentary franchise.-Reuter. bledon tennis championship games to-day, Jack Crawford (holder) defeated Yamagishi, the conquer- or of Lester, 4-6, 6-4, 6-2, 6-2,

The Japanese gave a brilliant display against the Australian, giv- ing the conviction that with sult- able regular training he would get to the top of the tennis world in four or five years' time.

Yamagishi's backhand and cross- court passing, shots were equal to Crawford's, but not in essential control, speed and forehand driv- ing. His service was excellent and he often beat the champion with

aces.

SHANGHAI LOTTERY

Sixth Drawing Results

Shanghai. June 29.. Despite a continuation of the heat wave, a huge crowd, mostly Chinese, attended the sixth draw-

The Japanese played a reallying of the National State Lottery braing game, and was doing more at the Canidrome to-day." volleying in the last two sets and putting up a keefer struggle than the score suggests.

MIKI-MISS ROUND

COMBINATION

In the second round of the Mix- eci Doubles, Miki and Miss Dorothy Round beat Freshwater and Mrs. Robinson 8-1, 6-3.

The Miki- Round combination was too strong for the Engstr country players. Mikl's well-placed valleys frequently left his oppon- ents standing and so well was he backed up that the crowd said that the English players were up "against two men.

The first prize of $500,000 was wns drawn by No. 025251 which not sold. On being re-drawn it was won by No. 278487.

r

The second prizes, were drawn by Nos. 171551 and 487407.

The third prizes were won by Nos. 073916. 317755, 293986 and 082115,--Reuter.

FERMANAGH BYE- ELECTION

London, June 29. The bye-election for the Fer- managh Constituency consequent Mi and Miss Round were not on the death of Mr. Joseph Delvin, extended in their win. Miki told Nationalist, has resulted as fol- Reuter that he found Miss Round | laws;— . an admirable partner and expect- Fed to go far.

JAPANESE BEATEN

"

J: Stewart (Nationalist) 23,790 D. McCrossan (Ind.) 12,089

-Reuter.

POPE GRANTS AUDIENCE

TO AVIATORS

EAMON DE VALERA

RESIDENCE IN

NANKING

For Minister To China

London. June 29.

It is understood that the Gov. ernment, 115 a result of investi-

ANGLO-AMERICAN NAVAL TALKS END

Franco-American Parley

Being

Landón, June 29%

Arranged

It is learned from American sources that the London Anglo- American naval talks -bave ter- minated and no further discussions: are likely until the French, Italian an Japanese delegates arrive in London.

Mr. Norman Davis conferred with M. Corbin, French Ambassador. this morning preparing the way for Franco-American naval talks in the belief that Anglo-American talks are ended, substantiated by the fact that no arangements have been made for further meet thes.--Reuter.

PRESIDENT'S MESSAGE

gations, is not satisfied with the Recovery Campaign

present arrangements for Te- presenting British interests in Nanking and steps will be taken to provide a residence there for. the Minister.-Reuter,

SILVER MARKET

(From Our Own Correspondent)

»

London, June 29. London silver prices to-day were up 3/2d for spot and 7/16d for- ward, as follow:-

June 28 June 29 Spot

20.3/4 21.1/8 Förward. 20.13/18 21.1/4 The London on New York cross- rate at 2.00 p.m. to-day was 5.05.13/18 compared with 5.05.3/16 at closing yesterday.

MARIE DRESSLER'S

ILLNESS

Marie

New York, June 28. Dressler lying 11 Santa Barbara, California, is now In a critical condition.

Achievements

'Washington, June 28.

Broadcasting a message to the

HENDON AIR DISPLAY

Delegations From Thirty Countries

London, June 29.

Delegacions from thirty foreign countries many of them arriving by air, will attend to-morrow'a annual Royal Air Force display at Hendon.

The display has become much more than a "national event ar- ranged by the Air Force for Ber- vice Charities and is now regard-. ed in international aviation circles: as one of the principal items in the year.

."

Most of the display of fylus arranged for Monday at Hendon by the Society of British Aircraft. Constructors is an affair" more of

interesting character where new types of British alrerait can be inspected closely. British Wire-

nation for the first time since lasta technical nature, but hardly less: October, President Roosevelt sum- med up the achievements of his recovery campaign, which he ad- vanced by asking the following questions.

Are you better of than you were last year? Are your debts less bur- densome? Is your bank account fhore secure? Are your working conditions better?"

there was no doubt He said what the answers were

Three Necessities. The three steps necessary for the safeguarding of the national life, were relief, Recovery and Re- form, coupled with reconstruction.

less.

SHIP OFFICERS

Exempted From Examinations

Nanking. June 29... These were necessary, irst, The Ministry of Communica- owing to the paralysis caused by tions announced that ship cap-- the mad chase after unearned in-tains with the following qualifica- come and riches that had charac- tions are exempted from the ex terised the past ten years, second- aminations required by the Mini- ly, because many of to-day's trou-stry. bles were due to a lack of under-

Firstly, those who have already standing of the elementary prin- taken out certificates from

the at ciples of justice. and fairness by ministry either as captains or leaders of business and first officers and whose active: the finance, and thirdly, by reason of service in the capacity · specified: of the development of new conditions in their certificates have reached five years or more, and, secondly, may in the national economic life.

Adding evidence of the success those who have served as captains all of his policies, President Roosevelt or first officers for ten years or

pointed to the gains in the total more.-Reuter, of payrolls, the improvement in employment, the rise in the value of farm products and the saving of many thousands of homes from foreclosures.

Her doctors, however, are opinion that her strong will enable her to pull through En- quiries are pouring in from over the United States-Reuter,

N

EMPIRE FOOD SHIPS

"London, June 29.// The terms of the new Anglo-

trade

give In the Doubles, Gandar Dower agreement French

satisfaction British and Malfroy beat Aoki and Fuji- general financial and commercial circles. Į kuta 3-6, 6-3, 6-0, 12-14, 6-3, The The agreement puts an end to the game was very strenuously fought of affairs for two and a quarter hours in a unsatisfactory state existing since France embarked on slow court with a nasty cross-wind

These gains had been achieved, ថ polley surtaxes, turnover { blowing the whole time.

Vatican City, June 28..

London, June 28. he said, without loss of rights or taxes and quotas all of which in The Japanese won the fourth

His Holiness the Pope "to-day The motor vessel Waipawa of liberty or of constitutional "free- the British view were discrimina- set owing to superior net work and granted an audience to the Trans-10,760 tons, the second of two Em- dom. tory and called for retaliatory the uncertain ground strokes of atlantic fliers, Captain Pond and pure food ships which Harland and The toes of some people have measures. In addition the general Gandar Dower, although the Eng-Lleut, Sabelli, and listened

building for with Wol are

Shaw, been stepped on, he admitted, but survey of commercial relations of 11shman was leading five games to interest to the details of their Savill and Albion Company, was these were the toes that belonged the two countries has enabled three and 40/15,"

launched at Belfast to-day. measures to be taken and conces-

The vessel will be engaged, be- Fujikura.played well though his style was more suited to a singles posed to return from Dublin in tween London and New Zealand

sions made which it is hoped and

of mutual trade.

night.

When he heard that they pro-

for

ARMY HEADS CONFER

National Defence

Questions

believed will increase the volume player. Aoki lent good support. New York, the Pope blessed all via the Panama Canal-British better homes, and, better use of ❘ (From Our Special Correspondent

One of the main reasons why but tried to do too much--Reuter. their projects-Reuter.

the agreement is made in the first instance for a comparatively short.

period to 1st April is to test its provisions in practice and in par- ticular those which apply to silk.

"

HENRY COTTON

WINS

British Golf Title

In this connection correspon- dence is published between the Chairman of the Import Duties Advisory Committee and the Chan- cellor of the Exchequer, on which the former expressed the view that duties on raw and artificial silk

London, June 29. hampered home industry. The Henry Cotton, the comparative- Chancellor, who had earlier refusly young British professional at ed to sacrifice revenue produced by the Waterloo Club in Brussels. duties, later agreed. In order to crowned als wonderful perform- facilitate securing of a satisfactory ance, in the British Open Golf commercial agreement, to take the contest at Bandwich by winning risk of an unbalancing budget to the championship with a score of the extent Involved in reducing 283, the first British victory since dütles on raw and artificiar sik 1923. by fifty per cent,

"

ال

Wireless.

#

GENERAL STRIKE IN THE

EVENT OF WAR

Resolution Reviewed By T.U.C. Labour Party

London June 29... The attitude of uncompromising opposition to war in all circumis- tances was abandoned at the con- ference of leaders of the Trade

A high wind made conditions Union Council Labour Party which The loss in revenue is estimated very difficult to-day and, at the reviewed a resolution passed by between" £2,500,000 and end of the morning round he had the Labour Party at the conference £3,000,000 in a full year although scored 72 making a total of 204, last year calling for

at

4

Washington, June 28.... The threatened strike i the steel industry which at one time seemed likely to bring half million men out of work, has been averted.

A Board of three will be ap

arbitrate the differ-

pointed to

ences, Both sides have agreed to accept the decisions of the Board, which will be selected by President Roosevelt.

The steel agreement was nego- tiated by Misa Perkins, the Secretary of Labour, whose plan 'was approved by the President.

A general

4

SOVIET DEBTS TO AMERICA Negotiations For Funding

Washington' June 20.

to the comparatively few.

The future programme security involved the provision of

Canton, June 29. land and water resources." and the

Questions of national defenes provision of social Insurance Tested American Ideals

and suppression of Communista "We are fulfiling old and test-have been decided here following A military conference by high ed American ideals. Other na tions may sacrifice democracy for army commanders of Ewangtung, transitory stimulation through old Kwangsi and Hanan, declared Kr. and discredited autocracies. We are Hsiao Fu Chen,member of the restoring conndence and well- South-west Political Council being under the rule of the peo

Mr. Hsiao said that General Ho ple,"

Cihen, Chairman of the Hunari The President, concluding re- Provincial Government, is shortly viewed the work of Congress, and to visit Hong Kong to interview" declared that the most important Mr. Hu Han Min, former Presidenk. measures enacted in the monetary of the Legislative Yuan, and thema / system, establishing standards

to take a steamer to return to adequate for modern life and do Hunan via Shanghai. He added. ing justice both to gold and silver as bases for the currency of the United States. Reuter..

LAST INSTALMENT OF DARROW REPORT

that General Fal Hsung, Hel, the Kwangsi military leader, has to re- main in Canton to secure medical treatment for his injured arm.

"The political situation, De Canton – Nanking relations)", has been studied and w.comAMON: stand has been reached," Mr. Washington, June 28.

Hsiao condinued. “This is only a it should be noted in this connec which was a record for the three strike in the event of war.

The third instalment of Mr. general statement, and further Won that changes were advocated rounds of the championship. He The conference drew up a state-

It is learned that the negotia-Clarence Darrow's report on the elaboration is undesirable at the tions for funding Russian debts to by the Import Duties Advisory led by ten strokes from the Ameri- ment declaring it is necessary to

"Blue Eagle" practices" and the moment. We oppose the resump distinguish between war and ag- the United States have reached a

NRA. Codes, has been completed ton of railway trafic between Committee as in the interests of can, J. Kirkwood. British trade and industry.-Bri-

gression, and one to be undertaken stalemate in Moscow. tish Wireless.

in defence of peace,

The negotiations are expected to and forwarded to President Roose China and Manchukuo, but it is The statement declares that La-be transferred

Board has no use merely to issue a circular The following were the other bour emphatically opposes any 18- where, American officials belleve anlahed its work and will now dis-telegram against that arrange

ment. circumstances that the atmosphere will prove band. Mr. Darrow has resigned.— scores at the end of the round: Kirkwood 214, Dallemagne might occur in which Britain will more favourable.

to force Circles in touch with the nego~ 215, Padgham 216, Whitcombe, be compelled to resort Davies and Brews 217- McLean 222, in support of the League to restlators, however, do not expect a.

train an aggressor nation.

settlement before the end of the Barazen 222-Beuter.

The statement will be submitted Summer.

of thoroughly independent judg ment and fully empowered to act. The functions of the Board will be limited to labour relations in the iron and steel industry." The Board has been appointed The Fresident anticipates that and consists of Judge Bracey, of the Board will serve to maintain! North Carolina, Rear-Admiral industrial peace with Justice" and (Ret.) HE Whey, of New York, the further establishment of sound and James Mullenbach, of Chicago, labour relations in this important

Impartial Men

industry.

President Roosevelt, has issued a He confidently expects the full statement proclaiming that the co-operation of both sides-Reu- Board consists of impartial menter.

Henry Cotton's scores for the four rounds were:-67, 65, 72, 79, making a total of 283.

PANCHAN LAMA'S MOVEMENTS

thirdgressive war, but

Shanghal, June 29. The Fanchan Lama will leave for Nanking this evening-Renter.

to Washington

to the forthcoming conference of Rapid progress is reported to the Trade Union Council Labour have been made towards an agree- Party.

ment on the capital amounts to- The radical labour papers wel-be funded, but serious differences come the statement as strengthen are said to have arisen on ques nia collective guarantees for peace, tons of rats of interest and

methods of payment Renter, Reuter.

velt. The Darrow

Reuter,

AVIATORS ATTEMPT NEW RECORD

"How to cope with the political; altuation has been decided. Whe ther there will be political expan- sion depends on the circumstances. of the developments"

It is learned that General Ho Harbour Grace, June 29, The Polish brothers, Adam Chien has definitely thrown in his Owecz, departed at 6.26 am for lot with Kwangtung and Kwanzay Warsaw in an attempt to beat the with regard to the military de- non-stop straight line flying re-fence of the South-west and

national problems. cord Renter.

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