GUNS, LAMES
Hongkong Telegraph.
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# 12,049
三拜禮 號弍月三英港香
WEDNESDAY, MARCH 2, 1921.
日三廿月正
SINGLE GOPY: 10 OTB.
ŠIS PER ANNUM.
GERMANY'S REPARATION PROPOSALS.
A SCHEME OF INTERNATIONAL LOANS.
REUTER'S TELEGRAMS.
MR. CHURCHILL ON THE AIR SERVICE ESTIMATES.
Allies Stand Firm on Paris Programme.
(Reuter's Service).
London, March.1. Mr. Lloyd George opened the Conference by announcing that the Allies had decided to first consider reparations and then disarmament.
Herr von Simons then spoke, the Conference adjourning after The Germans left first, Herr von Simons looking pale and The Allies met at Downing Street in the afternoon.
two hours.
troubled.
Herr von Simons' Speech.
P
Complete Instructional System.
London, March 1.
REUTER'S TELEGRAMS.
ANGLO-JAPANESÉ RELATIONS.
Questions in Parliament Concerning Korea and the US.
London, March 1,
In the House of Commons, replying to a question, Mr. Harms. Courses of instruction at the various. Universities, including Capetown, and the prospect of a school in Egypt for training highly-worth declared that reports have been received showing that skilled pilots were among the steps for building up a thoroughly Koreans have been killed and Korean property destroyed in Chientac efficient Air Service, outlined in the statement on the Air Estimates and that Japanese troops were engaged in military operations on made in the House of Commons by Mr. Churchill, who said that non-Japanese territories, but there was no confirmation of the report progress in the past eighteen months had been far greater than he that special discrimination had been shown against Christian anticipated when he predicted that the completion of the task would Koraans. The Government felt justified in calling the attention of take five years. Mr. Churchill described the complicated organism, the Japanese Government to the reports.
Replying to a question, whether the Anglo-Japanese Treaty every part of which was inter dependent, providing one of the most remarkable educational ayatoms for supplying scientific knowledge arrangements precluded the possibility of assisting Japan in the ever produced. The Service had reached a stage of development event of a Japo-American war, and if assurances regarding same where a change of policy would mean destroying the work done. had been given to America in connection with the latter's considera- Additional squadrons will begin forming on. April 1, making alto-tion of their naval programme, Mr. Harmaworth explained that the gether 32. He also proposed to begin the formation of the Territorial relations with Japan were arranged so as not to involve us in the possibility of a conflict with the United States. Mr. Harmsworth Air Force with six squadrone noar engineering centras.
also stated that no official communication concerning this had been made to the United States, who were undoubtedly aware of the trus position.
Need of Military and Naval Air Fleets.
RISINGS IN RUSSIA.
Workers and Soldiers Join Forces.
London. March 2. The frequent recent reports of serious risinge in Russia are sup-i
MR. JOHN W. WEEKS, the newly-appointed U. S. Secretary of War.
RACE SWEEPS.
Lucky Kowloon People.
We take the following from the Rock-
Kowloon has been favoured by the gods at the annual Race
London, March 1. The German counter-proposals were presented by Herr von Simons, who said that after deducting the reparation already paid from the fifty milliards gold marks, which was the capitalised value
Mr. Churchill emphasised the practical impossibility of abandon- of the Paris annuities, thirty milliards remained, which should be ing expenditure on naval and military aviation in favour of civil raised by International Loans. Germany would at first issue aviation. Mr. Churchill picturing Russia and Germany recovering. Loan of sight milliards, offerable by subscription on low interest in said that war with great aerial developments was a possibility, with all international markets, being exempt from taxes in all the issuing a war scare here and frantic efforts to rooreate the Air Forco. Ho countries Germany guaranteeing sorvice and redemption. Further said it was impossible to have an efficient force for less than fifteen more, Germany in the next five years would pay an annuity of ato sixteen millions annually. As regards civil aviation, he did not nilliard gold marks and was also ready to co-operate in the feel justified at present in asking for more than the £1,000,000 reconstruction of the devastated areas. The German Government already provided. He opined that it was necessary to concentrate ported by detailed telegrams from the frontier. A Helsingfors message considered that these proposals fully covered the principle of giving on a few routes and services, and to make them secure. He said describes the disturbances at Petrograd, where strikers on the 24t Meeting just concluded. Out of the Allies participation in Germany's economic improvement, which that the Admiralty's decision to abandon airships was melancholy ult. stormed a prison and liberated Imprisoned sailors, after which the three big prizes in the sweep- for the the Allies sought to secure by a tax on German exports.
when we had reached almost the first place la the world as regards sailors and workers joined forces against the officers and held a mass stakes for the race A Fuller Statement.
rigid airships, but it was a wise decision. Mr. Churchill mentioned demonstration, exclaiming "Down Soviets and Communism!" and Championship, the second and the sale of an airship to America for half a million.
seized the suburb of Vasiliostrov. Forty Communists were killed third prizes went to Kowloon and two hundred arrested. Fighting is still proceeding, and martial residents. The second prize, which Herr von Simons, in his statement to the Conference, declared
law is stated to have been proclaimed. A Riga message quotes in worth $6,880, was won with No. 1509 by Mra. at the outset that the Paris proposals were impracticable, economic-
Lithuanian papers dealing with the situation at Moscow, also on the ticket
Yvanovich. Jr. The ally and financially. Germany was prepared to go to the limit of Mr. Churchill said that unless private companies in the next 24th ult., when an orderly strike of 14,000 workers demanding increas- G. A possibilities in the event of her economic improvement, but any few weeks took over the remaining airships as a free gift, he would ad rations and the convocation of a Constituent Assembly culminat-third prize was of a value of lesser deduction than twenty milliards, which was Germany's not feel justified in continuing the expouditure on commercal air- estimate of reparations already paid, would necessitte payments!
to the rebels and Communist regiments were brought up. Using wife of Captain Wheeler, of the exceeding anything reasonably expectable of her economic improve-ships. He dwelt on the difficulty of fostering aviation in the Britished in hostilities, spreading over the town. The soldiers went over $3,440 and went to Mrs. Wheeler, ment. He suggested the appointment of a mixed Commission of isles, owing to weather and the competition of the railways and road field guns the strikers and workmen on the 26th ult. captured the Indo-China 8. N., Co., and Dr. Experts to ascertain the exact value of the reparations paid. Since services, but it was indispensable to keep open the cross-Channel arsenal at Kourek and the railway station.
service. Now that the French Government was subsidising com-
Later,
The Position of Commercial Aviation.
it was impossible to raise to total payable after the foregoing panies in the most generous manner, however, he feared that British deduction by a single International Loan, Germany would begin arms would be so heavily undercut that they would be discouraged financing part by issuing eight milliards, the redemption of which from continuing. He therefore proposed the appointment of a com- would begin after five years with one por cent., rising by 12 permittee to devise alternative methods to meet the changed conditions. cent. annually, Germany guaranteeing the holders the security If a saving could be effected on other parts of the Civil Aviation necessary for service of the Loan.
Vote, the inducements now offered could be made much greater. Mr.
JAPANESE-AMERICAN RELATIONS.
The Whole Field Discussed.
Washington, March 3,
was
Urquhart, in partnership. The first prize of the very extraoa (Juneolation Staker) Hang won by Mr. F. Carvalho, and his sopa duarvalho, boshe residente o kowicou: The pris was worth $3,000, Mrs. Farias won a prize of $3,000 on the first day, and Mr. Farias one of $400 on the second day. A singuler circum.
Herr von Simons said Germany's payment of five annuities would Churchill had no doubt that the Air Force, properly handled, would be covered by deliveries in kind, based on free intercourse for Ger- become an important substitute for soldiers and ships. It could It is understood that an Executive session of the Senate to-day man and Allied industries. The value of Germany's work in recon-reduce the cost of garrisions in certain Oriental countries and afford frankly discussed Japo-American relations and the whole field of stance connected with ticket No. structing dovastution should be reckoned against annuities. The real protection in coast defence, and would enable particular types controversy, including Japanese foreign policy and naval 1509 for the Champions is related amount of Germany's reparation debt not immediately covered by of warships to be reduced in number. Mr. Churchill was not the International Loan should carry five per cent. interest, against opposed to a separate Air Ministry, but while he was in charge of which interest the five annuities should be reckoned to May 1st. the service his policy of providing a third arm to continuously 1926. The amount of interest remaining uncovered should be added to the Capital Account on May 1st, 1926, without calculating com-co-operate with the Army and Navy would be continued. pound interest. All further provisions for financing the remaining reparation debt by Germany should be reserved for future arrange- ments, especially as regards redemption, which would not begin before May 1st, 1926. Additional instalments would be financed by means of International Loans.
MR. CHURCHILL'S DUAL OFFICES.
Now Comic--May Become Tragic.
Lendon, March 1.
ALLIED WAR DEBTS.
information Confidential
pre-by the lucky winner of the prizo. programme. building
tho latter. The possession of the Mrs. Yvanovich had a bag of flour regarding sented Yap cable and recent developments in the controverey over bought some time before the races. Japan'e claims to the Island were also debated. Senator Lodge When the bag was emptied of ita presented a fresh point with reference to the Californian land con- contents and while hemstitch- ing the piece of oloth troversy.
the design of this special brand of flour attracted her attention. The trade mark is that of the Yuen Fong Flour Mills Co. and. depicted a telephone box super- Herr von Simons said the conditions of Article 431 of the Treaty' of Versailles, namely the withdrawal of the troops of occupation,
scribed with the number 1509 in would operate when the payments defined in the foregoing two
large figures. The next day she In the House of Commons, in the course of a debate on the Air! sections were mado. All payments still to be made by Germany
The cancellation of Allied war debts by the United States is enquired of Mr. U. Rumjahn if under Parte VIII and IX of the Treaty of Versailles, namely repara. Estimates, Major General Seely described Mr., Churchill's Dual tions and financial clauses, shall be considered made, also the offices as Secretary of State for the Colonies and Air Minister to favoured on economic grounds and as a matter of policy by the new that number was available for the delivery of the proceeds from destroyed war materials, and Ger- comic and likely to become tragic. He urged Mr. Churchill as Secretary of the Navy, Mr. Denby. Interviewed by the Tribune he Champions. Thus it was that the many's obligation to submit to liquidation and the retention of reflect on his past maladministration and remarked on the irony of quoted as a precedent the good that resulted to the United States number which drew the favourite Mr. Churchill's emphasis of the importance of the Cross-Channel from the cancellation of the American share of the Boxer Indemnity. brought its purchaser the hand German private property in Allied countries.
The Chinese were prodigiously grateful and ́a similar feeling had some gift of nearly seven thousand Herr von Simons concluded:"In offering the foregoing pro-route just when the last British service there had ceased.
been growing ever since. posals, it is understood that if the plebiscite in Upper Silesia decide in favour of Germany, and Upper Silesia remain German also, the commerce of the world be freed of existing impediments and economic freedom and equality of rights be established throughout."
Mr. Lloyd George's Retort.
Later,
THE PACIFIC CABLES.
Sir Auckland Geddes' Position.
It is
London, March 1. After Herr von Simons had presented his Ipng statement of the
Router is informed that the report that Sir Auckland Geddes has counter-proposals proposed and read a detailed memoranda, Mr. Lloyd George interposed and said that if Herr von Simone thought been instructed to attempt mediation between the United States and it worth while to put in documents he could do so, but in view of his Japan on the subject of the Pacific cables is unfounded. general declaration Mr. Lloyd George could not conceal from him pointed out that should a favourable opportunity acceptable to both that the German Government appeared to have a complete mis-the American and Japanese Governments arise for Sir Auckland understanding of the realities of the position. The Allies had already Geddes to use his good offices, he would not hesitate to do so without
instructions.. agreed that the proposal made was one that they could not examine er discuss as an alternative to the Paris proposals.
"Ludicrously Inadequate ".
London, March 1.
ANGLO-RUSSIAN TRADE AGREEMENT,
British Company's Provisional Contract..
London, March 1.
Cancelletion Favoured by American.
Washington, March 1,
AMERICA SECURES POLISH WIRELESS CONTRACT.
Washington, March 1, The Polish Legation announces the signature of a million dollar contract with the Radio Corporation of America, involving the construction of a huge wireless station at Warsaw, comprising twelve 400-foot towers.
SENATE DISCUSSES NAVAL BILL IN PRIVATE. Washington, March 1, The Senate went into private session to discuss the Naval Appropriations Bill after Senator Lodge had declared that certain matters should not be discussed in public.
ILLNESS OF U.S. EX-SPEAKER:
Washington, March 1. The Allies, especially the French and Italians, are considerably
Mr. Champ Clark, the ex-Speaker of the House of Represent- surprised at the ludicrously inadequate German counter-proposals, which,summarised, mean that £1,500,000,000 willbepayablein 32 years, M. Krassin is expected here to-night. The Slough Trading atives, is seriously ill with pleurisy. compared with the Paris decision of £11,300,000, payable in 42 years, Company has signed an agreement with Krassin to supply Russia plus the export tax. Indeed, M. Briand opined that the acceptance with many reconstructed motor lorries immediately the Anglo- of such an offer would mean that the Allies would be paying their Russian agreement has been signed.
own debts. The belief that this is not the final word and that Ger- many is willing to make concessions has not improved the unfavour- able impression created. It is universally realised that further: negotiation on the basis thereof will be futile.
The Allies have decided to consult their juridical and military advisera to-morrow and to draft a categorical reply which will be handed to the Germans on Thursday.
LANCASHIRE COTTON INDUSTRY DEPRESSION.
Proposed Suspension of Mills.
London March 1.
DUTCH OIL COMPANY.
Extension of Capital.
Amsterdam, March 2. It is understood that the Directorate of the Royal Dutch Oil Company at meeting on March 15 will propose a capital extension
dollare.
The winners of the first three prizes in the Catholic Men's Club Hongkong Derby Bwear were: 1, Mr. Murray, $1,749.16; 2, Mr. JA Lunney, $499.76; 3, Mr. P. Lanigan, $249,88,
TO-DAY'S EXCHANGE.
The closing rate of the dollar, pa |demand, to-day was 25. 43⁄41⁄2d.
THE WEATHER.
2 p.m. Barometer:-29.78, Tom- perature: -74. Humidity 88.
LIGHTING-UP TIME." Lighting-up time to-day is 6:27
p.m.
DONT FORGET.
To-day. Botabio. ·Gardens. Flower Show 2 to 6 p.m.
Theatre Royal, Warwick
Owing to the scarcity of orders sad the continued accumulation to 33,000,000 Guilders. It is not intended to issue any new shares. Comedy Co. presents The Last ·
The Germans confess their disappointment and are already talking of returning home, as they are unable to offer more. Mean of stocks, the Lancashire cotton trade is proposing to close down while, one prominent German promised Reuter that they would not from the 18th, to the 30th inst., thereby affecting 500,000 operatives: do anything rash.
Allied Proposals in Event of Non-acceptance.
London, March 2.
THE IMPERIAL WIRELESS CHAIN.
Dondon, March 1.
BRITISH-BUILT AIRSHIP FOR JAPAN.
London, March 1.
Act"-9.15 p.ju.
p.m.
Coronet Theatre-5.15 and 9.15
Hongkong Theatre 5.15, 7.18
To-morrow.
It is announced that Messrs. Vickers' Barrow works have com-and 9.15 p.m. pleted an airship of the scout class for the Japanese Government.
Reuter understands from French quarters in London that the
In the House of Commons, at question-time, Mr. Peans said he Allied proposals, in the event of Germany not agreeing to the Allied terms, include the levying of 30 per cont. on sales from Germany in hoped the first two stations of the Imperial wireless chain (at Allied countries, the establishment of a special Customs which Leafield, near Oxford, and Aburabai, near Cairo) would be finlabed would soonomically separate the left of the Rhine from the rest of early in the summer. A committes of experts was deriguing the Germany, occupation of the coal parts on the right of the Rhine, other stations, but it was impossible to say when the chain wouldke the Majestic, and, in the last resort, seizure of the Custogos.
(operating.
The
THE "BISMARCK" RENAMED.
City Hall Prof. DanenberKOR
Pupils Pisno orte Bacitel. 5.30
* Coronet Thestra-5.15 und 9.12
Hongkong
| and $.15 ́pim.
London, Marob 1. armaa, mammoth Uner Biggarole thas been renained) p.m.