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HONG KONG DAILY PRESS THURSDAY, MARCH 26, 1936.
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NO DEFINITE DECISION
League Council Difficulties
("Hong Kong Daily Preis" Specia")
WAR IN THE FUTURE
Signs Viewed By
Mussolini
Rome, Mar. 23. London, Mar, 24. The spectre of Auture war was The League of Nations Council conjured up by Signor Mussolini assembled on Tuesday at 5 p.m. on Monday in a speech before for its scheduled meeting which the National" "Council" "or. Guildes, was also attended by the Depart- and culminated in the strong dẹ- mental Director of the German fence of the principle of national Foreign Omce, Dieckham,
self sufficiency, the Duce The sitting which took place be-phasising that political autonomy, hind closed doors was only of short that is the possibility of an in- "duration, it being decided to ad-dependent foreign policy, was un- Journ until all interested powers thinkable without the ability to had defined their attitude towards | attain economic autonomy. the proposals of the Locarno Po- wers,"
This decision is attributable, not only to the fact that the German reply has not yet been received, but also to the fact that serious complications have arisen in the situation.
em-
NEW YORK STOCK EXCHANGE
New York: March 5.
11 Brough Meuler's AgenCY)
QUOTATIONS
New York/London Cross-rate Now York Cotton-May, Now York Rubber-May, Chicago Wheat -May Chicago «Corn Silver-Official
May.
Last
High Low Close Closs
Today's
Change + up
4.98 4.901
Dow Jones Averages Higu-1934/35 Low: Mar, 13.
30 Industrials
Signor Mussolini opened speech by dec aring' that scheme, regulating national econ- omy, was based on the supposition that the nation would one day. inevitably be called to take part In an armed struggle. Nobody Lould tel
now when and where, There is as yet no sign of an but the wheel of fate was turning Amer. Radiator...... agreement having been reached quickly. How could one otherwise Amer. Roling Mal... between
and the cxplain the policy of vast arma- the British
Amer, Smelting French Governments on the ques- ments pursued by anations? Am. Sugar Refining 1611 tion of whether the Locarno Po- Fascist Italy would therefore tace
Ather. Tel. & Tel.... wers proposals are to be regarded due account, in all her activities. Amer. Tobacco 'B' as a sort of ultimatum as the of the dramatic possibility of war.
Amer. Waterworks... French would have it, or whether For this reason the new era in
Anaconda Copper ... as Mr. Eden atated, they are sim- Italian history was entirely based Atchison, T. & S. Fe.
Atlas Corpn. ply to be considered as proposals on the necessity of attaining, in
Auburn open to discussions.
the shortest possible moment, the A semi-official statement issued largest possible national indepen- in Paris late on Monday night dence in the economical sphere. seems to indicate that the French No nation, Mussolini went Government will stubbornly resist to
say, could rea ise the Ideal any attempt to modify the terms state of 100% economie Indepen- of the proposed settlement. The dence and even if it were possible British public opinion on the other 13 would probably not be desirable. hand appears almost unanimous in Every nation however was en- supporting the German opposition deavouring to free itself from the to the suggested establishment of a bondage of economic dependence new one sided demlitarised zone in the Rhineland, so that it is dif- ficult to see a way out of this im- paɛse.
on the outside world.
on
te-
The Duce pointed out, in this connection, that during the cent Paris meeting of the Locarno Powers,,, it had been frankly ad-
Balt more & Ohio... Bethlehem Steel Boeing Airplane Co. Borden Co. Bklyn Manhattan TransCorpn. ...... Bklyn Manhattan
"ה
281 2817
102 142) 140
$5 cum. pf.......... 1011 Case, J. I Canadian Pac. Ely. 131 Chase Nat. FK..... Chesapeake Corpn. Chesapeake & Ohio Chrysler Columbia Gas & E.
93.43 109.83
09.48 68.84
Stocks
Northern Pacific
- unchanged
10 off
33.08
11.051101 18,10 16.98 971 A61 921 973
11.04 11.04
18.11a 1801
DE
58
443
up #up "unchanged
Mar. 24. Change
109,87
96.71 167.0*
1588
1.08 off
20 Bail
61.73
27.31 47.80
47.53
uncanged
20 Utilities
36,36
14:46 39.94
.16 of
40 Bands
103 24
11 Commodity Index 63 10
-102.94
18.08
.et up
.12 up
Business Done: -1,500,000 shares.
Last Sale
Last Sale
his his
Stocks Adams Express Amer. Can Amer. Cyanamid. 'B Am. & For Power Am. & For. P, $7 pi Am. Light &"Trac. Amer. Locomotive...
Mar, 23 24
Mar. 23 24
12호
12
Goodyear The & R
281
292
121
122
G. N'thern Rly. pt.
378
37
377
37
G. Western Sugar
35+ 35
81
82
Humble Oi!
734
734
371
371
mt. Nickel
49
491
31
314
Int. Tel. & Tel.....
161
IC
231
+231
Kennecott
381
371
291
+39
Lifesavers
Corpn....
89
871
Loew's Inc.
474
471
541
53+
Lorillard
221 235
162
Monsanto Chemica 100 107+
92 921
Montgomery Ward...
401
401
221221
Nat City Bk. ..........
371*
361
351 347
Nat Dairy Produ...
241
231
75 31 32
741
Nat Distillers
323 31
Nab, Power & Light
112 114
134
133
501
50+
New York Central... North American
351 354
273
271
191
191
+
30
292
561
563
Pacific Gas & Elec.
36
301
23
23.
Pacific Lighting ....
52
52
Packard Motors ..... Paramount
11
11#
Picture
Incor. 481,491
91
st
Pennsylvania R. R.
331
34
Phillips Petroleum 45)
453
Pub. Service of N.J.
414
414
127
Radio Corpn..
13
131
411*
401
Reynolds Tob 'B'...
53 532
871
561*
Schenley
471
457
571
571
Schenley 5 PL.....
991
991
96
95
Sears Roebuck
641
$4
19
197
Socony-Vacuum
147
..142
100
Sthm. Cat, Edison
261
201
50+
150號
Sthra: Pacific
331
334
21
211
Stand. Brands
181
161
Stand. Oll of N.....
68
861
31
31
Sterling Prods.
71.
TOA
Swift Internationa
321
331
67
671
Technicalor
291
281
341
344
Texas Gulf Sulphur
351
35
14-141
Transamerica
13
137
-36 351
20th Cent. Fox Film.
72
73
comm,
284
281
Curtiss Wright (C)
71
74
20th Cent. Fox Film.
Curtiss Wright 'A'...
181
18
pf.
367
361,
Delaware & Hudson
411
33
Un. Carbide & Car-
bon
837
84
1
27
201
Un. Pacific
134
135
SUPPLEMENTS "
Douglas Alteraft
714
7041
Un. Aircraft (New)
27
251
Du Pont de Nemours
148
1481
Un. Airline Trans...
19+
184
Electric Boat
154
15
Un, Corpn.
71
73
Elec. Bond & Share
234
23+
Un, Corpn. $3 cum.
Elec. Bond & Share
pí.
451
451
553pf.
761
761
Un. Gas Improve-
Elec. Bond & Share.
ment
161
161
$8 pt.
851
85/
U. 8. Indus A'cohol
50
481
E'ec. Power & Light
15
15
U.S. Rubber: ......
201
27%
Gen. Cigar
571
564*
U. S. Sted
641
631
Gen. Electric
391
387- Vanadium
23+
221
351
35
Warner Bros. Picts
121
121
641
647
Westinghouse
Elec.
116
1131
43
43
Call Money
1%
201 197
Last Sale
Mar. 17 24
Stocks
Mar. 17 24
29.
30
100"
100
263
611
484
391
40
Int. Mining (com.) Lambert Co: McCrory Stores "'A' Murray Corpn. Nesh Motors ....... Owens Illinois Class 157 Pennroad Corpn....
124* 124*
234
23
201
207
197
155
47
181
Radio Corpn. o. Am.
$5 'B' pf.
95
61*
77
| Raybestos Manhat-
tan
291
1927
103
Republic Steel Co....
244
33
321
Simmons Co.
274
281
311 33
60
82.
197
102
451
Texas Pacific Land
Trust Tidewater Assoc. Ofl. 184
25 United Biscuit
.747 484 US. Rubber $8 pf.....
Bid t possible mutación
13
181
25 731
TENSION INCREASED The Franco-British tension has
mitted that an economic siege o: C. G. & E. 6% 'A' pf. 100
Credit Commercial been accentuated by reports from Itaiy had been décided upon
Cam. Solvents Paris that M. Flandin will not re-in view of Italy's Hmited "indus-
Comm. & Southern turn to London for the present trial possibilities." This, so the
(ord.) and that his eventual-return at speaker stressed... was a lesson
Comm. & Southern some later time will largely depend which the Ita lans were not likely
(ord.) 38 eum." p". on the nature of the German reply. to forget. In conclusion Musso Consolid. Gas of N.Y. Another grave difficulty presents lini announced that the Chamber Consold 0:1 ........... Itself by the attitude of Italy, it of Deputics would shorty be re- Continental O'l ..... being stated in well informed placed by the National Council of French quarters here that Bignor Guildes. Mussolini has informed the French Ambassador to Rome that he would no: put his algnature to the pro-
Transocean News Service.
Corn. Products
posals of the Locarno Pact unless ROME PROTOCOL Distillers Corpn, Sea-
given the definite assurance, ag to
the sanctions
the date when against Italy will be lifted. The French Government as stated is to make "desperate, efforts to bring
the Duce in line, the question be- Definite Agreement
ing how the assurances demanded
by Italy can be given without pre-
Judicing the
League's prestige.
France moreover is stated to be
Reached
grams
In favour of having the League Hong Kong Daily Press Szec Council adjourned until after the French elections-presumably be- cause the Freach Government in- tends to make the best possible use of the Four Power Memorandum in the electoral campaign while starting negotiations with Ger- miany as soon as possible, it being assumed that the German reply will offer an acceptable basis for further discussions. Pranineran News, Service.
Gen. Foods Rome, Mar. 24. The texts of the three supple- Gen. Motor: ments to the Rome protocol of Gen. Rly. Signal March 17, 1934, which were sign- Cold Duct ed here by Signor Mussolini. Schu- Schulgg and Goemboes on Monday, were published on, Tuesday after- noon
NO SUBMISSION TO
HUMILIATION `
pub
Stocks
Am. Steel Foundries In the first supplement the re- Am, Waterworks $6 presentatives of the three coun- pf. tries. concerned, after affirming Briggs Manufactur- with satisfaction that their con- ing Co. stant co-operation had ensured Bristol-Myezs
the maintenance of peace and led Cudahy Packing: .....
to economic reconstruction of Delaware, Lacka Europe, solemnly declare their de- termination to adhere to the po- litical, economical and cultural principles estabilshed in the Rome Protocol of 1934.
ཝཱཙྩ བྷནཾ སྒྲོཀྐོབྷཱ
wanna & Western Eltingon Schold Co. Berlin, Mar. 24.
Firestone Tire and In
election
at speech
Rubber 6% pl...... Deutschland Hall
Freeport Texas to-night, to which he drove through a crowdę
In supplement No. 2 the three Gen. Asphalt of thousands which cheered along Governments in accordance with Gen. Mulis the route, Herr Adolf Hitler, Ger- the principles fald own in supple- Goodrich (B.F)
..... 194 man Chancellor, declared it was ment. No. 1, declare their deter-Hércules Powder Co. 103 Impossible for the German people mination not to conduct any im- Int. Cement to pocket lis humiliation and portant political negotiation con-
↑ ex. div. gree to the Indecent demands i nected with the Danube Bazin made upon her by the Locarno without first consulting the two Powers.
signatories.
The world must know, ne said, that it was not a single man, but a whole nation which rejected them.
Declaring la offer of twenty- five years of peace stood high above any gesture, Herr Hitler said he would be curious to see whether after the German election foreign statesmen had the courage to talk of a symbolle gesture from Ger many.-
Reuter.
ITALIAN PLANE CREW *KILLED
("Hong Kong Daily Prem” Special)
Home, Mar. 24. The only incident reported in war bulletin No. 163, is the loss of the plane which crashed when taking on, the crew of four being killed. The position remains un- changed on both fronts Transocean News Service
Supplement No. 3 states that a permanent advisory organ is en- visaged and shall consist of the Foreign Ministers of the three signatories, the organ is to meet
at times considered opportune by the three Governments.- Transocean. News Service.
BULGARIAN CABINET
1
ANOTHER ETHIOPIAN
PROTEST -
London, Mar. 23.
The Ethiopian wovernment has
COMMITTEE OF THIRTEEN
The
London, Mar. 23. League's Committee of
sent a second nate to the League Thirteen met in London to-day to
of Nations protesting against the use of poison gas by the Italian consider the Ethiopian and Italian troops invading Ethiopian terri- replies, to the Committee's appeal, tory, and appeals to the League for for negotiations on March 3, The immediate assistance.
Committee decided to endeavour to The note states that for Afterp months Ethiopia has been appeal, bring the parties together in or- Sofa, "Mar. 23.
ing to the League for intervention der to obtain within the frame- Grave divergencies of opinion one way or another, but no an work and in the spirit of. Coven- have arisen between the members swer has been given,
DIFFERENCES
of the Bulgarian Cabinet, and are Now Ethiopia is again appealing, ant, prompt cessation of hostility likely to lead to a Government it goes on, under Article XVI of lea and a definite reestablishment crisis, according to persistent the League Covenant, which calls, of peace. The Committee also de- rumours.
first, for effective forms of sanc- Since Premier Klosselvanoff has tions, and second, for a combined allegedly been planning & recon League of Nations Army to come to struction of the Cabinet for some the sasistance of the beleaguered time, it is assumed that this re-state, suffering at the hands of construction will now take place by nation which the League has de- way of collective resignation.
clared to be an aggressor, Transocean News Service,
Reuter's Bulletin. Service.
cided to submit the protest of the Ethiopian Government against. use, by the Italians, of poison gas, for the observations of the Italian. Government.
British Wireless.