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No. 24955. 號伍拾伍玖仟肆萬弍第日叁廿月柒年戊 HONG KONG, THURSDAY, AUGUST 18, 1938
JAPAN IS NOW WAGING
ון
THE TRAITOR PAYS
MOST EXPENSIVE More Border
WAR IN HER HISTORY
Expenses Sufficient Up
%
To March Next Year
HUGE FINANCIAL TASK
Frankfurt, August 17.. "Japan is now waging the most expensive war in her history," writes the Frankfurter Zeitung today in the course of an article dealing with Japan's financial situation. The paper recalls that the Sino-Japanese war in 1894-95 enst 200.000.000 Yen. the Russo-Japan- ese war in 1904-5 about 2,000,000,000 Yen. and that the conflict which broke out in connection with the "Manchurian incident" in Septem- ber 1931, necessitated the expenditure of between 1,400,000,000 and. 1,500,000,000 Yen.
The paper goes on to say that But, according to the Frankfur- If the present war continues for ter Zeitung, even if this fact be some months, the costs will be four taken into consideration, and even of five times as high. Since the admitting that between 1931 and outbreak of the war with China In 1934. the exchange value of the Yen July 1937, the Japanese Govern-decreased by two, thirds and that ment had been authorised to spead 7,400,000,000" Yen on purposes con- nected with it and this sum, it is anticipated, will suffice to cover
March till
1939. expenses Hitherto only 2,700.000.000 Yen have been spent.
war
wholesale prices in Japan are to- day at least twice as high as be- fore the outbreak of war, it is none the less incontestable that Japan has never been confronted by such as ta now a huge financial task facing her.(Transoceani
Clashes Are Expected By The Japanese
Vadivostok, Aug. 17.
While Soviet-Japanese nego- tlations are still in progress, Japanese forces Are streng- thening the defence of the border in anticipation of“ fur- ther clashes.
It is reported that Japanese Loops in Hopel are being trans- ferred to the north of the Great Wall in large numbers. Severul Japanese transports are at Taiku Bar unloading guns, tanks and planes to be shipped to Man- churia. via Tientsin. Other ship- ments were unloaded at Dairen for the Soviet-Manchukuo border.
Special trains are running on the Pelping-Liaoning ... Räll- way to convey troops and heavy armaments to the Kirin border.
the
Meanwhile Japanese troops in
Suyuan and Chahar pro- vinces are strengthening the de- fence of the frontier bordering on Outer Mongolia, om which sudden attack may be expected.-
(International).
8
Flood Damage
World Workers COL. LINDBERGH In Formosa
To Give Aid To China
PROGRAMME OF FIVE POINTS
Yenan, August 17. The Executive Committee of the Comintern in Moscow has decided to assist China through
an
international workers' movement whereby political moral and material help for this country and methods to increase difficulties for Japan are to be put into immediate effect.
Among the plans are:--
1. Intensification 21 interna
IN WARSAW
Shanghal, August 17. With rivers overflowing due to heavy rain, since late last month considerable damage
has
THE PENALTY
肆拜禮 日捌拾月年别毌佰玖仟壹英
Price PER MONTHI. 83.
RUNCIMAN'S PRAGUE MISSION
A Chinese traitor, having been found guilty. is sentenced to execution in North China. (Photo, GMP.S.),
Credit Loans Germany To
For China
Shanghai. Aug. 17. Regarding the plan of estab- ishing £20,000,000 credit for China, a London report stated today that a part of this summ will be used in the cotistruction of the Burma-Yunnan Rail-
Way.
A
Another credit of £1,000,000 will be used as a fund for construc- ting telephone communications in south-west China.
The two items will be established
as export credit gith interest of 5.3 per cent per annum according been to the same report, the British Government is guaranteeing 75 per cent. of the total amount.-(Inter- national).
caused to highways and bridges in Formosa, while 450 dwellings have been inundated in Tatran city in the south, according to a Tathoku report received here today.-(In- ternational).
Parts, August 17. Colonel Charles Lindbergh, who is travelling to Moscow with his wife, arrived in War- saw yesterday, according to the papers here today, which state that the famous American air-
AMERICAN LOAN? man will be the guest of hon-
New York, Aug. 17. our at the large-scale Soviet
The Secretary. for Agriculturë, Russian aerial manoeuvres.
DUKE AND DUCHESS
Mr. H. A. Wallace, after a confer- Precautionary measures have
OF GLOUCESTER ence at the White House, while not been taken by the Soviet authori-
in giving details, replied
the Cairo, August 17. tles to prevent the public breaking
The Duke and Duchess the cordons in their enthusiasm
of armative when he was asked when the visitor drives through Gloucester. who are en route to regarding the possibility of loans East Africa for a holiday, arrived to China to enable her to purchase the streets.
Press representatives will be un-at. Pert Sald this morning and American flour:
travelled to Alexandria by air." He said that America expecte to able to obtain an interview en
They are having tea with. King sell approximately 100,000,000 masse.(Transocean),
Farouk this afternoon-Reuter bushels of wheat in the world mar Bulletin).
kets this year.(Reuter).
tional campaigns in favour of LUNCH SCORES
China and the increase of world-
wide agitation against Japan'
2.- Protest movement against
Japan by means of mass meetings
and demonstrations;
3. Organizations
!!
Build Two Battleships
Berlin, Aug. 17. The German navs! pro- sramme will include the con- struction of two 34,000-ton battleships, in addition to one Now in active" service, and another which will be ready in a few months.
Thirty-seven submarines are „at
present in service while 31 will be
built.
Germany now has 16 new des- troyers and ten more will be com- pleted before long.(Reuter Bulle- tir).
400 CASUALTIES IN CHANGSHA- BOMBING
Changsha, Aug. 17. At least four hundred per-. sons were killed or wounded in a terrific air attack conducted by eighteen Japanese planes on Changsha, this morning.
More than 100 bombs were drop- ped over Chung Wu Street in the city, and different places outside the south gate, and the northern, suburbs. The extent of the damage done is, as yet, not ascertained.— (Central News).
HOME CRICKET Negrin Retains The Premiership
London. August 17. Lunch scores In Arst-class cric- matches commenced today
of sanctions ket
against Japan by means of a boy were as follows:- cott of Japanese goods and strikes: against loading of ships bound for Japan:
The Army 78 for 2 v. Austra- liars.
41
Derbyshire 123 for 2 v. Hamp-
4 Increase of monetary dona, shire.
tions to China; and..
li
Glamorgan 'v. Lancashire 158
5. Assistance for all anti-for 2. Fascist tendencies in Japan.-In 'ternational)..
GUIDE TO THE NEWS
PAGE 2-Hanged at Stanley. Al- tered water connection. Unre- gistered mui tani.
PAGE 3.-Food page. PAGE 4.-The Services. Speech day at Harrow. US. Fleet - to exercise in the Atlantic. Gandhi sete the styles:
PAGE 5Welsh tongue twisters. Stamps worth £500,000. Cinema notes. Crossword. Diary. PAGE 6.----Chinese continue to press
chamber
Leicestershire v. Kent 183 for 3. Middlesex v. Essex 87 or 8. Warwickshire v. Surrey 114 for 3. Worcestershire 118 for 7 V
Somerset,
Yorkshire 73 for 3 v. Gloucester- shire.(Reuter Bulletin).
Chair Of Aeronautics At Sydney University
Sydney, August 17.
The Australian Government is
on Huangmel, C.P.R. Hiner mis-endowing a Chair of Aeronautics hap. Chungking
of in the Sydney University at a cost! commerce.
of £32000, while the University
Of Loyalist Government Of Spain
SENOR NEGRIN
AIR MINISTER- TO SEE NEW
TWO NEW CABINET APPOINTMENTS
Paris, August, 17..
Regarding the reorganisation of the Republican Spanish Gov- ernment it was learned here today that Senor Jose Moiz Regas has been appointed Minister of Labour and Senor Thomas BlaThez Hos- pitalet, Minister without portfolio. No other changes have been: made. Senor Regas is a member of the Catalan Unified Socialist Party while Senor Hospitalet, who is a Basque, belongs to the Spanish Socialist Party., Political circles here see in the retention of the Premiership by Señor Negrin a victory for the latter over political opponents.—(Transocean).
PRESS COMMENTS
MINOR, SENSATION
London, August 17:
"
tory and to play a decisive part in the decisions of the Republican Government (Transocean).
Berlin, August 17. The German press is attentive- lv recording all the news arising
DETAILS LACKING from the resignation of the Re-
Paris, August 17. publican Spanish Cabinet without Today's morning papers give however, attributing to that event prominence to reports of the re- decisive importance for the future algnation of the Negrin Govern- situation.(Transocean)..."
ment "buf are refraining from comment since the news was re- ceived very fate and the details of the real background of the crisis The resignation of the Negrinare lacking. Government: caused only a minor Political circles point out that sensation in the London press the crisis, might have far today. Only the Dally Mail de-reaching effects on the develop- and The Secretary for Air, Sir votes large space to the event and ment of the Spanish war Kingsley Wood, before returning to reports that Senor Negrin at some circles recall rumours, cur- London after his visit to North tempted to deprive the Catalan rent last week, that the dew Ireland, will inspect the British Government of some of its auto-Government would attempt to Government aircraft factory, near nomous rights and to form a new reach an armistice with the tann racing season. US. base The weather yesterday was a Liverpool, where bombers are being executive from both Governments. Franco Government.
**Valencia" and· Barcelona, ·
The advance of the Nationalist ball. New USRC. bath. Home Ittle cooler than on Monday, the constructed.
maximum' temperatures being, re- cricket
Bi, Kingsley will see the first The plan was now under way, troops Into the Ciudad Real pro PAGE 12 Financial page. A spectively 87 and 91 degrees. machine of this type which has enabling the Barcelona Govern vince is also believed to have ac-
trade board for rubber.
No rainfall was recorded yester just been completed. (Reuter ment to make greater use of her celerated the outbreak of the PAGE 13.-Radio programmes.
Bulletin).
authority in the remaining terri→ | crisis-(Transocean).
PAGE 7-Portugal completes 12th will allot £3,000 annually for the year of new state. Correspon upkeep of the Chair-Reuter Bul- dence. Soldier falls to death, letin).
Customs office for air travel,
Passengers. · ·
PAGE 8-Leading article: A tisane
of falsehoods," "
PAGE 10-man bowls-notes. An THE WEATHER
day.
BOMBER
London, Aug. 17,
MAKING PROGRESS
But Czech Crisis Thought
Likely Before Solution To Nationalities Problem
BRITISH PEER TO SEE HITLER IN FEW DAYS
London, August 17. A
The work of Lord Runciman's mission in. Prague has progressed to a point where Lord Runciman has already prepared a plan for the solution of the Nationalities problem in Czechoslovakia, stalen " the Daily Express today. Lord Runciman, the paper continues". will present his plan as an “award" at a moment when the` direct negotiations between the Sudeten German Party and the Czech/ Government break down.
British Government circles are still optimistic, although ther ́are also inclined to think that the crisis will occur before a solution is found to the Nationaltizi problem on the principles suggested by Lord Bunelman.
H
14
In any case, concludes the pa- ja report on yesterday's meeting per. Downing Street particularly of the Czechoslovak Supreme War stresses that Viscount Ranetman Council, stresses the significance is not acting on behalf of the of the participation in business British Government but quite in affairs of Czechoslovakia of the shoe industrialist. Bata. who is dependently.
The News-Chronicle asserts this playing a more and more import- morning that Lord Runciman has ant role in the economic life of
Batia again expressed the wish to con- Czechoslovakia, fer with the Fuehrer and it is
was among those busi- discussion ness leaders who at the meeting very probable that a will take place within a few days. submitted a plan. according to
which drastic measures for -(Transocean).
gradual economic mobilisation has to be taken immediately.
RAPID ĮMOBILISATION
Belgrade, August 17. The Prague correspondent of the semi-ocial paper, Vreme, in
露
The correspondent also reports that the construction of fortia- cations on all borders of Cze- choslovakia has "been completed. and that troops are now station- ed in the new fortifications. It
NEW ZEALAND'S is believed in Prague that mobill
SOCIAL SECURITY BILL
NO INCREASE - IN TAXATION
Wellington, Aug. 17. *New Zealand's Social Security Bill will be read a second time in Parliament today. At yes terday's reading there was op- position from doctors of the Dominion against that part of the B providing free medical « service.
Mr. W. Nash, Finance Minister, declared that the working of the Bill will cost. the Government £15,000,000, which is lower than the estimate given by the adviser on the scheme" who had" been specially invited from England to study, the subject.
21
The Finance Minister expects that £8,500,000 wil come from wages, tax and registration fees. whlist the rest will be found from national income without having to increase taxation.-(Reuter Bulle- tin).
sation can be carried out within a few hours-(Transocean).
SITUATION QUIET
Prague, August 17. The Czechoslovak situation is frally quiet. The Sudeten repre- sentatives will meet the Premier. Dr. Milan Hodza, today and will" give him the reply to the Gov- ernment proposals."
Lord Runciman will continue his talks will the leaders of both sides. (Reuter Bulletin).
THE DOLLAR
T.T. ON NEW YORK: 30-3/16. T.T. ON LONDON: 1s. 27/8d.
London Silver Market
(Our Own Correspondent)
London, August 17. London silver, prices today were down 1/4 for Spot "and 1/16 for Forward as follows:---
Aug. 15 .19-1/2
Spot..
*Forward......19-5/18
Aug. 17 19-1/4 19-1/4
“OFFER GOLD” IN CANTON
Canton's women police gave their contributions Gold" Movement. They are sean breaking” the poti money is put and slipping it into a donation box
the
ch, their