HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 7, 1936.
MADRID POPULACE GROWING
RESTLESS
Indignation Against Authorities
POLITICIANS SELECTED FOR ATTACK
Cortes. President Rescued From Crowd
"Hong Kong Dally Press" Special
Burgas. October 6.
.Messages from Madrid state that the excitement of the popuja- tion of the capital is rapidly growing and that the rising tide of Indignation at what is considered the unsatisfactory attlinde of the authorities is manifesting itself in a number of demonstrations as well as assaults on individual politicians.
It is reported that the President of the Cortes, Martinez Barrio, who was driving home from Parliament, was sitacked by a furious crowd and only rescued with great difficulty by his bodyguard. Several persons are said to have been killed in the course of this affray.
DEFENCE PREPARATIONS
Further despatches from Madrid assert that a
01 three-fold line
trenches have been dug around ISOLATED IN
the city with a view to its defence and that the authorities have Issued orders requiring all unem- ployed men to take part in the work
capital. of fortifying the Those who refuse to obey the
MOUNTAIN
Martinez Barrio, President of the Corten, who wan rescued with much difficulty from the hands of a Jurious crowd, who attacked him while he was driving in his car
PARIS JOURNAL'S
ATTACK
Powerful Indictment Against Foreigners
Paria, Oct. 1.
LABOUR PARTY
DEBATE
Rearmament Issue Raised
London. Oct. 6.
WAS
At the Labour Party conference In Edinburgh, the debate opened on the international situa- tion with special reference to the Government's armament pro- gramme and the resolution which was published on October 3
WILS submitted.
LORD MAYOR'S RECENT CURRENCY
SHOW
Troops To Appear In
Old Uniforms
WAR EPISODES TO
BE RECALLED
London, Oct. 6.
The central feature of this year's Lord Mayor's show on November 9 will be the pageant entitled City of London and Defence of the Realm. Historical association with the City of famous regiments will be recalled.
In moving the resolution, Dr. Hugh Dalton referred to the grave condition of Europe in which armaments nad increased and were increasing. The League of Nations had grown weaker and not stronger. International law and treacles had been broken shame- lessly, without penalty. Collective lery Company will appear as train security had not been organised.
Britain's internal security had gone by the creation of great forces within striking distance. German rearmament -was the central fact in Europe. He could not exclude from among the many dreadful possibilities that of" direct attack upon this country.
If a Labour Government came into power to-morrow and if it was faced as it would be faced with the present world situation. such a Government, pending in- ternational agreement to reduce and limit armaments, would, he believed, be compelled to provide an increase in British armaments. British armaments under a Labour Government would be part of a planned system af collective security,
A powerful indictment of the behaviour of foreigners residing France, was published under the heading "The Undersirables" in the "Echo de Paris." The au- thor is the well known member of the French Academy. Edmond Ja- loux, who complains that among the political refugees in France
Armaments must be at such a there are some that preach world level. Dr. Dalton added, as would revolution, while others are incitmake sure that an aggressor should
FORTRESS ng hatred of their own countries.
order will be treated as "public Insurgent Men And
enemies" and executed according-
ex-
The Madrid Government have now decided to prohibit the portation not only of gold and silver either in coins or bars but practically of all cash under any shape or form.
Families
TROOPS HURRYING
TO RESCUE "
W
Lisbon, Oct. 8. Two hundred and afty insurgent
and children men, women
are
The official gazette in Madrid. has published a decree providing that nobody may henceforth take isolated in a mountain fortress on more than four pesetas with him.
one of the highest hills in Sterra "when leaving the country.—
Morena, twenty miles from An- Transocean News Service.
dujar.
INSURGENTS CLOSING IN
Hendaye, Oct. 6. The insurgents are rapidly ap plying a strangle-hold on Madrid. according to a communique issued from their headquarters at Burgos This claims that the Nationalists north of Toledo are within dx miles of the Madrid-Alicante Rail- way, the capital's only remaining outlet and source of supply...... Reuter.
ANXIOUS POPULACE
Madrid, Oct. 8. Madrid's anxious populace was partially reassured last night by the Government's communique stating the loyalist forces had de- feated an insurgent attack at Navalperal on the fringe of the Guadarrama Mountains, while e Barcelona communique claims the insurgent aerodrome
north .of Huesca has been captured.
The Government forces continue to bombárd Huesca dally.— Dexter.
ATTACK ON MALAGA
"i
They are surrounded by Govern- ment forces and are daily resisting attempts to dislodge them, thus emulating the feat of their com- rades at Alcazar, though they hare been cut off from. communication with the outside world for nine days, or longer.
The besieged include 150 Civic .Guards with their families.
The insurgent forces. who have been advised of the plight of the besieged by carrier pigeon message, are now hurrying to the rescue and have reached a point thirty miles 'distant.
In the meanwhile food is being conveying to the besieged by air.- leuter.
NEW REGIME" IN SPAIN
Dealings With Foreign States
Rome, Oct. 8. The attitude of the Spanish Na- tionalist Government in Burgos towards international polities, was discussed in an interview, with the special correspondent of the Turin Gibraltar, Oct. 5. paper "Stamps." The Nationalist Intense activity reported in the
Foreign minister, Yanguas, who al- naval yards of Cadiz is regarded ready under Primo de Rivera oc- cupled the Foreign · Ministry," as a prelude to the long-expected land, sea and air attack upon stated that the Nationalist Gor- ernment was in no hurry to be Malaga by the insurgent forces, in
recognised by the foreign states. south Spain.
According to Insurgent head-The Nationalist Government seeks quarters at Seville, the assault will to pacify and restore order in. Spain, and does not wish to em- be launched elther Thursday or
barrass the foreign Governments Friday.
that have recognised the Madrid Leading units of of the insurgent Government as only lawful repre feet are concentrating at Cadiz,sentative of Spain, conformably where anti-aircraft guns have with conditions which will not be
mounted been
the cruisers changed until peace. on
has been Canarias, Republica and Almirante
assured. Cervera.
It is estimated that during the past teri days 16,000 troops, includ- ing Rian Sharpshooters, have been landed at Cadiz. Jerez and Algeciras from various Moroccan towns
In addition to troop movements
Jaloux goes on to say:
"If we want peace then it is not good that so many Italians who fèd from Italy and so many Germans who have been Ex- pelled from Germany, should un- ceasingly seek to excite the masses of the French people against the Italian and German Govern- ments. We have even seen for- eigners in France demanding that France
not succeed.
British Wireless:
The execu-
LIBERTY TO CRITICISE
Edinburgh, Oct. 8. British Labour this morning came to grips with the stormy task of defining its attitude to- wards rearmament. tive's resolution in this connection, moved by Dr. Hugh Dalton, re- affirms the Labour policy of main- should declare war on
taining defence forces consistent with the country's responsibility as Germany in order to liberate her of Chancellor Hitler. This point 2 League member, and adds that of view is all the more surprising "having regard to the deplorable in view of the mereasing and record of the Government, the visibly
for Labour Party declines to accept growing enthusiasm
Germany,
responsibility for a purely com- the Fuehrer in
"It is inadmissible that for-petitive rearmament polley and eigners in France should not be reserves full liberty to criticise the forbidden to mix themselves up rearmament programme of with our politics, and to commit present Government. acts contrary to the French in- terests."
Transocean New Service
SUPPORT OF RED REFUGEES
Question Of French Expenditure
Paris, Oct. 6.
the
The resolution declares that con- tinuance of vested interests in private manufacture of arms will be a grave contributary danger to the peace of the world.”
A lively debate is expected.- Reuter's Bulletin Service.
FRANCO-SOVIET ALLIANCE
Alleged Invitation From Moscow
The earliest detachment of City troops represented will be hand gunners, archers, pikemen and bilimen in white uniforms of 1593, Members of the Honourable Artil-
bands and auxillarles of 1643,-and men of the Grenadier Guards in uniforms of 1684 Foot Guards.
Defence forces of later periods of history will be represented by other regiments closely associated with London, and finally a tabicaux will show London troops in trench warfare on the Western Front in 1915, at Gallipoli in 1916, Passchendale in 1917 and the last advance of '1918-- British Wireless.
EAST END RIOTING SEQUEL
Hundred Cases Before The Courts
London, Oct. 3, "Magistrates dealt with a handrea cases in connection with yester- day's East End rioting when they sat to-day. The majority of the accused were charged with ob- structing police or using insulting language, and "for, the most part they were let off with small fines. Meanwhile, the Government is seriously considering the issues raised. It is believed some sort of action may be taken in connection with the demonstrations, which were regarded as provocative; but any action in this matter would require legislation, it is understood.
|
REALIGNMENTS
Opportunity For World Economic Co-operation
BRITISH INITIATIVE
AT GENEVA.
Vigorous Endeavour To Achieve Success
London, October 6.
A signal opportunity for world economic co-operation provid- ed by the recent currency realignments is the theme of a leader in the "Times" which draws attention to the emphasis which Mr. W. S. Morrison, Financial Secretary to the Treasury, in his speech at Geneva yesterday placed upon the connection between the economic and political problem and made concrete sugges- tions that realigned currency countries should start disbandin obstacles and international conirol, and secondly that an enquiry should be opened under. League auspices into the question of raw materials.
The "Times" opines that the speech indicates that Britain is determined to proceed on the road now opened, not by a futile ninilateral move but a vigorous and persistent endeavour step by step along the road to co-operation. In this advance the world has a right to look to Britain to take the initiative.
MARKET ACTIVITY
Great activity prevails in the London foreign exchange market to-day. Sterling showed a weaker tendency in terms of nearly every leading currency. the Wall Street boomlet having the Inevitable effect of attracting British money to America. As a result the dollar was much in demand and improved around 4.01.
Good demand also exists for French francs, the rate hardening to 105.01.
Many quarters report a certain amount of repatriation progress which was doubtless inspired by the violent rise on the Paris bourse, in which French nationals holding funds abroad are naturally anxious to participate.
It is generally felt that the Fas- cist Party did the right thing in abandoning the march in view of the ugly situation which arose. It is considered probable that the But at the same time it is em- largest gold offerings on the bullion phasised that the law which per-market to-day to some extent re mits free speech could not be res present disgorged continental hold- ings which were sold for sterling, with the proceeds then sold against franca for repatriation.
pected" yesterday. Reuter's Bulletin Service.
LABOUR PRESS FOR INVESTIGATION
Fascist Activities In Britain
on
CHINA LOAN ISSUES
Security On Salt Gabelle
PRESS COMMENDS SETTLEMENT
London, Oct. 6.
All Anancial editors commend the · Marconi-Vickers settlement, specially drawing attention that both interestest and sinking fund henceforward will be secured on the Salt Gabelle.
These issues have long been in the position of Cinderellas among the Chinese loans and enjoyed
the specific security. says "Financial Times," emphasising" the substantial margin of income available from the Gabelle,
no
The French Control Fund has been in the market up to a point, but it is reported it has been a much smaller seller than expected. China is continuing the valuable resulting in the franc-sterling rate work started last year in rehabi- largely inclined to pursue Italating credit by settlements of
natural course.
Ihans in default, says the "Times,” against which also draws attention to the new Chinese currency system and the Chinese decision to establish a Central Bank,
Guilders also moved sterling largely in sympathy with francs.
The "Daily Telegraph" welcomes "this further evidence of a serious
Edinburgh, Oct. 5. The British Labour Party will have to define its attitude
Responsible circles opine that such important questions as the Government's rearmament policy, the present firmness in certain and also the polley of non-inter- currencies insofar as it is due to vention in Spain, at the congress short covering may only be short-effort now being made to deal The Minister of Finance, Vin- | Hong Kong Daily Press" Special which opened here to-day.
llyed and in all probabilty follow. with China's outstanding debt ob- cent Auriol, was asked in the
Paris. Oct. 6. There was an immediate repered by a corresponding reaction- ligation." Chamber, how much it cost the
The allegation that the Soviet cussion from yesterday's-East End Reuter, French Government to support the Reds who had taken refuge in France.
Attention was drawn to the fact that in the Government Gazette it was stated that the out- tay already amounted to 3 million francs. The French Government Is now asked, whether it had re-
ceived the assurance of the Madrid
Government that this sum would be refunded, and if so, was the French Government prepared to recuperate itself from the Spanish gold now stored in France?-- Transocean News Service.
FRENCH MINISTER'S
STATEMENT
Banning Of Political
Demonstrations...
Russian Government has aprioting, when Mr. Herbert Morrison proached the French Government moved a resolution which was ear- with a request to enter into ne- ried unanimously, calling on the gotiations for "strengthening" the Government to Institute an im- Franco-Russian Alliance is made mediate inquiry into the distur- in a letter addressed to Premier bances, activities and finances of Blum by the Independent Radical the Fascist organisation.. Socialist Deputy Montigny, who in that letter announces his intentioned at the afternoon session when
The Spanish question was reach
to interpellate the Government on the conference debated a resolu- his subject directly the Parlla- tion of the Labour party executive mentary sessions open.
amounting to
a request that the The Deputy will ask whether a congress subscribe to the polley of reply has been given by the Popu- non-intervention.. lar Front Government to that in- vitation of Moscow. Trunkaszon News Sergize.
BRIEF RESPITE FOR CONVICTS
Men Who Escaped From Devil's Island
an
The resolution was carried by a card vote. 1,836,000 for and 519,000 against.- Reuter.
FOREIGN EXCHANGE
MARKET
London Resumes Dealings
In Italian Láre
London, Oct. 8."
foreign ex-
A feature of the
ITALIAN MEASURES
Rome, Oct. 5. The gold content of the lira was fced to-day at 4.677 per hundred lire, compared with 7.91.
The gold reserve in the Bank of Italy will be revalued on the basis
being credited to the Treasury. of the new party, the difference
Land-owners will be called to subscribe at rate of ave per cent. on the net value of their proper ty, tô a new five per cent. loan, which is being issued as an offset to devaluation.
Some regret the losses of, ori-- "ginal investors contrasting with the benefits enjoyed by modern speculators, but there is general endorsement of the bondholders"" committees comment that the Chinese Government is not ac- tuated by any desire to evade its legal obligations but governed solely by practical considerations of capacity to pay.
Chinese loans show slims of re-
loan settlement and partly better covery, partly due to the latest
Sino-Japanese reports of the
crials Renter.
Renta may not be increased 'dur- ing the next two months, nor can the price of gas, electricity and public and private transport. Se- which deals with social and econo- vere penalties await hotel and pen-mic questions,
Mr. Morrison emphasised the sion proprietors who overcharge. Also strict measures are being opinion expressed by the League's taken to control the cost of food- | economic committee that currency, stuffs and the necessities of life-adjustment could not bring lasting Reuter.
improvement unless it were accom- panied by relaxation of direct and indirect import restrictions in the shape of quotas and exchange con-
MARKETS BRIGHTEN
London, Oct. 5, To-day's events, including Italy's
("Hong Kong Dally Press? Speciali
Port of Spain, Oct. 3. A brief respite from the horrors Paris, Oct. 6. The declaration by the Minister of Devil's Island was dearly pur- It is reported that it was of Interior, Balengro, that the
chased by five men found starving i change' market this morning was devaluation of the Hra and the /trol, and declared the reduction of
a beach in the resumption of dealing in Yanguas who persuaded the Span-Government will henceforth no and exhausted on ish Government in 1828 to resign longer tolerate political demon- Trinidad. They are two French-Italian fire, the rate being quoted modification of import restrictions, barriers so as to allow imports to 8. Morrison's important adjust price levels was a logical at 92-94 When the lire was last Mr. W.
concomitant of currency realign- from the League-
strations in Paris or environs, is men, convicted of murder, Transocean News Service.
generally interpreted to be direct Italian charged with opium deal- dealt in on September 25 the closspeech at Geneva and the Frenchment. He undertook to submit
Minister of Commerce's announce- ing rate was 64-3/8
Sterling on New York was 4.91 ment that France, following Batur
day's reduction of tariffs and and Paris 105,
Stock markets were quieter, but abolition of some import quotas, the tone confident, currency de elaborating a customs tarif from and subsequently fought through valuations on the continent hav- which quotas will be entirely ex- cluded, have created a favourable hurricanes and the fierce equatori-ing cleared the air.
impression in London and the al sun. Their meagre food supplies were washed overboard during the
markets generally have had an optimistic tone. first week.
EL GRECO". SAFE
by sea, Riff fighting men are being "Hong Kong Dally Press" Special brought over to Spain by air at the rate of 70 an hour,
It is understood that 5,000 Moors, headed by the Riffian Sharpshoo- ters, will form the advance guard in a series of attacks on Malaga, while the rear guard will consist of Foreign Legionnaires and levies from the Fascist volunteers. Reuzer.
*** Burzos, Act. 6.
ed against the French, Social Partying, a Belgian and a Corsican, both founded by Colonel de la Rocque, sentenced for forgery.
all the more so, since the Minister They had been twelve days in an defends the new restrictions with open canoe, drenched for a week reference to the military measures in unceasing tropical downpours, adopted by that Party.
The world-famed masterpiece of The Marxist press clearly gives "El Greco," named the "Funeral of to understand that in course of Count Orgaz,' which for centuries Monday's conversations between has been in' the Museum of Toledo. Premier Blum and the Ministers and for which great anxiety had of Interior and Justice, the re- been felt, is now reported by the solution was adopted to dissolve authorities to be the French Social Party as well as Nationalist undamaged.!
all right wing parties. Jernostere News Service.
Trankorean Test Norwice.
They have been handed over to the Salvation Army officials here pending their deportation and re- turn to prison.— Reuter
IN
two resolutions to the Commission, one dealing with reduction of trade barriers and another in favour of a League enquiry into
the commercial access to certain raw material British Wireless.
British Government stocks are
NO CHANGE IN POLANDTM quieter following the announce ment that underwriting is about
Warsaw Oct. 5. Great prominence is given in the Poland sees no necessity to take place for Manchester Cor- poration 3 per cent. loan of £5,- papers to a speech delivered at modify her monetary policy. It 500,000 at 997 redeemable 1958-63. Genevs this morning by the Finan officially announced. following a War Loan 107-7/8. Gold 141/74cial Secretary to the Treasury in Cabinet meeting to-day
the Commission of the Assembly Reuter.. British Wirelou.
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