EXCHANGE:

Closing Quotations ---- TT. Leaden 2,448.

On Demand Ep. 4.3-16d.

The Hongkong Telegraph

January 11, 19 7,

Temperature Humidit

6 am

45

2 p.m. 56

36

30

7559 BA++

TELEGRAMS.

[Reater's Servicm to The "Telegraph."}

THE PEACE QUESTION.

Allies to Indicate Terms,

January 10, 415 p.m. Reater learns that the Allied reply to President Wilson is being delivered to the American Ambassador in Paris to-day. It is a fairly long document, and there is reason to believe that it will indicate generally the terms on which the Allies are prepared to discuss peace.

It will be published in France forty-eight hours after it has been received by President Wilson.

THE NEW WAR LOAN.

Advances to Facilitate Purchase.

January 8, 1.45 pm. Becrecy is being maintained regarding the new War Loan, but it is undoubted that there will be two distinct issues, one long-dated and the other short-dated, free of income tax. --

Probably the big banks will be invited to co-operate in affording novel facilities to would-be investors by advances for immediate purchase.

"The issue is postponed until January 12.

A meeting for the furtherazes of its success is being held in the_Guildhall on January 11, at which Mr. Bar Law end Mr. McKenna will be the speakers.

Members of the Cabinet will also speak at the leading provia- cial centres.

THE RUSSIAN PREMIERSHIP.

January 9, 1.4ï p.m.

(ESTABLISHED

1881)

Copyright 1817 by the Proprietor.

T. IURSDAY, JANUARY 11, 1917.

TELEGRAMS.

(Beater's Scrvice to The " Telegraph."]

THE GREEK CRISIS..

Will King Constantine Yield ?

January 10, 1,50 p.m. According to Brater's correspondent at Paris a Piraeus | telegram anticipates that King Constantine will yield, but at first will merely undertake to liberate the Veafnslists and re-establish

the Allies' control.

The Allied Ultimatum.

21

January 10, 4 16 p.m. The Allied ultimatum to Greece expires at about midnight,

Help for Constantine,

January 10, 7.30 p.m.

WEATHER FORECAST

FAIR

Barometer: 30.41,

Temperature & x.m.

January 1'. 19 6, Humidity

56 2 ̧p m. 63.

69

"

60

四拜禮 第一十月一英港香 SINGLE COPY 10 CENTE.

TELEGRAMS.

[Beater's Service to the "Telegraph.”] “

BRITISH GAINS IN THE WEST.

Many Germans Killed and Captured.

Janunty 10, 11.30 p.m. Field Marshal Sir Dougla, fig reports.We seisid and consolidated a section of a trench to the east of Basunout Hanel, taking 140 prisoners.

Other prisoners were taken in a raid to the east of L203. ** We entered frenches opposite Armentieres, killing many of the

enemy,

BRITISH OVERSEAS TRADE.

Janus y 10, 9.25 p.m. The Advisory Committee of the Bard of Trade on Commercial Intelligence, Sir Albert Stanley presiding, considered proposala for According to Renter's correspondent at Silanies, everything's large extension of the Trade Commission r service in the British cats enemy action at Monestir, where it is reported that Duminicus, also commercial missious and other matters relating to ohiot of the enemy will be to support King Constantine, and Bulgarian regiment has arrived from Kalkandali. The principal the organisation of British Overseas trade.

possibly some Germin re-inforcements will attempt to work south, round Laks Osbrids, in order to jun King Constantine's forces.

THE ROME CONFERENCE.

What It Has Accomplished.

January 9, 1.40 p.m.

A message from Rima says that Mr. Lloyd George was the Central Sgure at the Conference, Italian papers state that he enggested it at the end of December and that the arrangements were, completed within a few days, giving evidenes of the Allies' deter-

M. Brisad, interviewed, said the Conference was neclarary to

The Times states that in Petrogra i'there are growing indica-mination to set with all speed. tions of another change of Premiership. The names of H. Pokrovaky and Coant Bəbrincky bare bien mentioned...

[& later mwenge announces the obangs bere indicated].

dr

January 10, 4.45 p.m. The Ministerial changes in Russia are wholly usespected, and up to the present they cannot be explained.

THE INVASION OF PUMANIA,

What Germany is Aiming At.

January 9, 1.45 p.m. The Times correspondent s1 Jissy asys it is undoubted that the "Germans are aiming at the immediate occupation of the whole of Kamanis, for, despite the inclemency of the weather, they are bringing up new troops and pressing their attacks with extraordinary violence.

Germias Report More Progress.

Jinary 10, 4.55 pm.. A Garmin wireless cfficial message says:-The Basso- Bamtaians have failed to recaptare positions in the Suaits valley.

We pressed back the enemy north and south of Casion valles. In two days we have taken six offers and 90 men prisoner.

We have gained a foothold on the left bank of the Putna. North of Focandi, we have progressel behind the Pama and between Foossui and Fandeni we bare forced the enemy beyond the Sereth. The prisoners number 559,

We here continued to progress to the mouth of the Rimnical →→ Sarat.

Rumaninos Regalu a Position.

January 10, 6.20 p.m.

A wireless B-esian official messange states:-Eight attacks on the heights north of Kasino bave failed.

The enemy has pressed back the Rumanians south of Bakosi. In a counter-attack they regained the position and captored 270

prisoners.

RUSSIA'S NORTHERN THRUST.

Capture of Prisoners and Curs.

January 9, 2.30 p.m.

A Petrograd message says that the Russians have captured a thousand prisonera and a score of gans, including some of heavy calibre, south-west of Riga,

A New Position Captured.

January 10, 6.20 p.m.

A Bassian wireless cfficial message says:-The battle weet of the Bigs continues.

We have captured a position between the Tirul Harsh sad the River As.

Since January 5, we have captured twenty-one heavy sand eleven light guna.

IF SWITZERLAND IS INVADED.

clear up any difficulties of detai! which might have cropped up since the last Conference. Tasee and the attempts to confuss the i-use snd dietarb the relations between the Allies have been astiled most satisfactorily.

The Eastern Front.

January 10, 1.50 p.m. According to a telegram from Rome, a complete agreement bas been reached at the Conference on the question of the Macedonis and Silonia front which has lost none of its importance.

THE SUBMARINE CAMPAIGN.

Two Norwegian Steamers Sunk.

January 2, 1.45 p.m.

The latest sinkings reported are the steamers Laspar and Hansi (Norwegian), and thres sailing shipe.

Another British Skipper Taken Prisoner.

January 10, 10.25 p.m.

The following steamers have been sank:-Lesbian. (British), Alphonse Conseil (French), Chinto Mern (Japanses) and Borgholm Markland (Norwegian).

Germana.

Captain Fry, of the Labisa, has been taken prisoner by the

which were both proceeding to England, have been seized by the The Norwegian steamer Lapus, and the Danish steamer Svend, Germans and taken to Bamburg and Swinomande respectively.

SPANISH PRIDE.

Revalts Against German Pressure,

January 10, 4.45 p.m.. Reuter's correspondant at Madrid states that the fact that the Cabinet is remaining in offics, after receiving an assurance of the King'a c›ofidence, demonstrates that Spanish pride has revolted against German pressure.

All parties appear to have combined in support of the Premier in this international matter.

Forelga Pressura not Wanted.

January 10, 7.30 p.m. According to Reater's correspondent at Madrid, Benor Romanones his declared that he will ever rosiga under foreign premeure.

A NEW REVOLT IN SUMATRA,

January 0, 2.30 p.m. Beater's respondent at Bitevis says that the Java Bode reporta that a new revolt has been fomented by a new religious sect in North Samatra, in which a Government official named Maller has been killed. The military are suppressing the movement,

As Interesting - Militáry Statement.

January 9, 2.30 p.m. According to a Paris msasago General Wills, the Swiss Com- mander-in-Chief, imterviewed at Barne, stated that Germany had asured them that she would not invade Switserland, but, in the was event of an invasion, the Swim Army would act in close conjunction with the adversaries of her enemies, whose satry on the side of Switzerland would, so to speak, be automatic.

AMBASSADORIAL CHANUB IN SPAIN.

January 10, L50 p.m.

According to Recler's correspondent at Madrid, it is reported

German Ambien

will shortly bo zaplas

SINKING OF H.M.S. SHANNON DENIED.

January 10, 8.35 p.m.

The Admiralty denies the Germen alsim that the craiser Shannon mined and sunk off the mouth coast in November.

INDIAN SUCCESS IN MESOPOTAMIA

January 10, 8.55 p.m.

▲ Mesopotamin official conungs” says:--An Indian division daskingly captured, on Tuesday, a thousand yards of trennk-on-

gris as the bend of shu kikus bank sparsh-ones of PEMODSKE ŠAČUN number 10

i

:

HIS MAJESTY RECEIVES THE PREMIER.

January 10, 7.30 p.m. Mr. Lloyd George has been received in audience by His Majɔy the King.

[In the event of telegrams arriving too late for insertion on this page they will be found on an Extra).

EARLIER TELEGRAMS,

RUSSIA'S NEW OFFENSIVE.

London, January 10. Dvina Island, which has been captured by the Russians, is about 100 miles south-east of Riga.

A

German communique speaks of Hassian raids in the vicinity of Friedrichstadt, fifty miles east of Mitau. Hence it is apparent that the renewed Russian activity in the north extends over a frost approximately of 150 miles, including important strategic positions, of which Mitau in the most important, as it is a depot for stores, a junction for * many railway roads and is situated at a navigable part of the

Aa River,

It was

4 German attack that developed the im portant Russian counter-offensive, which has already brought the Russians within a dozen miles of Mitau.

The positions they captured between the western ex- tremity of Lake Babit and the village of Kalnzem, north- weet of Milau, were strongly fortified with tiers to a con- siderable height above the flat country, and their conquest directly menaces Mitau.

FIRMER ACTION AGAINST GREECE.

Londar, January 10. That evifter action towards Greece will result from the Rome Conference appears from the statement of M. Briand on his return to Paris to the effect that he is fully satisfied with Italy's strong resolution. He added that Italy's attitude was never doubtful; but that a complete understanding bad now been reached as to matters of detail,

It is assumed by the London papers that some extension of the Allied purpose regarding Greece beyond that in which Italy previously joined is about to be made.

4

Dr. Dillon, the London "Daily Telegraph's" correspon- dent, declares that the Allies, with the exception of Italy, have misunderstood the Greek imbroglio and failed to deal frankly and resolutely with King Constantine as an enemy. The blockade had inflicted great, hardships on the population, but had left the monarch upmoved.

"The Daily Telegraph," commenting on Dr. Dillon's statement, says that they anticipate action which will not leave King Constantine unmoved.

BRITISH TAKE TRENCHES.

London, Jannery 9. Field Marshal Sir Douglas Haig saya wo auccessfully entered trenches opposite Hulluch.

Our artillery was active on both banks of the Ancre and at the Gommecourt salient.

We also caused a large explosion to the north of Wieltje,

GERMAN PEACE BLUFF.

Amsterdam, January 10,

The King of Bavaria, speaking at Munich, said "Though we are victorious, we offered peace. We must now continue the fight and be victorious till our enemies ask for a peace worthy of our gigantic sacrifices.”

GERMANO-TURK SH TREATIES,

·Amsterdam, Jinuary 10. The "Yossische Zeitung" anys that: Germano-Turkish commercial and political treaties have been ratified..

SPANISH POLITICS.

#3 PER ANNUM,

TRADERS OF ENEMY

-ORIGIN.

The Manchester Chamber of Commerce Resolution. Some time ago the Manobeater Chamber of Commerce adopted smendments to its Articles of Association in order to exclude from membership of the Chamber any German, Austrian, Balgerien, or Tork who had not before ist

Angust, 1904, become a natura

sed British subject, as well no. say firm with a partner or director of essmy origin who, before that date, had not becomS naturali-ed British subjet

&

A further amendment excluded from membership any company in which one-fith, or more, of the issued stock or share capital or of the debenture or loan cap- ital is held by, or for the benefit [of, any person of enemy origin

who was not a naturalised Bri..... tish subject before August, 1904. In the cases of those who were naturaliced before August 1, 1904, limitations on their ad- Tucso mission were imposed. resolutions were submitted for confirmation at an extraordinary general meeting of the Chamber.

Mr. R. B. Stoker, the president of the Uhamber, said this meeting ** had simply to confirm or rejst |the decision of the previous must- ing, and he, formally moved the confirmation of all the resolutions. Mr. E. F. Stockton, the vice president, seconded.

Mr. Derwent

In reply to Simpson, the President said 'ha bought the best course of pro- cedure was to submit all the resolutions together.

Mr J. O. O'Brien said the re- Bolutions did not go far enough

to saidy him. They did not preolude an enemy slien who by came the naturalised subject of a neutral conn'ry from becoming s member of the Chamber, Ha suggested an amendment of the refolutions.

The President said that no |amendment could be in order. The vote must be either for or against the resolatione.

Mr. Dorwest Bimpaɔn esid be thought theremolusions, as framed, were quite safe.

Mr. A. Braunschweiler, “who ssid that he was by birth a. Swinn but that he had two sona and a won-in-law fighting in the British army, and hoped hswasintensely British in his sentimenta as anyone in the meeting, quoted three versos from the Book of Nambora in support of an argement that it we the Divine ordinance that there should be "one law and one manner for you and for the stranger that sójourneth with FOR," He would be naturally disposed to approve of these re- {solutions were it not that he believed they were not in ancor- dance with the Isw of God. ("Babbish.")

Mr. A. Walkden suggested that the resolution was not strict⋅ fenough, and that the Chamber | should sooep; ths diotum. “Ones a German always a German."*/*.

The confirmation of the re- solutions was carried, Twa.die i septient volas were given by mRNA- who had expressed the opinion that | the resolutions should go further, Mr. O, J. Burks säked what procedura must be followed to call a meeting of the Chambwe sa consider a stronger lins of sotinn.

The President answered that it a requisition were signed by the proper numbers the Bourd would be obliged so summon”TM a meeting. He hoped, however, thas Mr. Bourke would be antirhəd with the resclations, which wars now adoptad. :-

DONT FORGET.

Madrid, January 10.

The Cabinet remsing in office.

Victoria

ANOTHER POLITICAL CHANGE IN RUSSIA,

Patrograd, January 10. The Premier, M. Trepoff, and the Minister of Education Ignatio@"harw¬ resigned. | Princs – „Gylife appointed Premier, and ". Kultohitsky, bas Minister of Ednostkon

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