asbe

muet mall and seo Lasarus

and have them corrected."

2.

LAZARUS

52% ROD (Kathak,

Pets Exponeta. Opervan in the Cabay.

Hongkong Telegraph.

FOUNDED 1982

門、三拜语:扶六十↔正英港香 WEDNESD

PARLIAMENT OPENS BREEZILY.

Interesting King's Speech.

LABOUR OPPOSE GOVERNMENT MOTION.

(Reuter's Service.)

London, January 15.

JANUARY

INCREASED TAXATION FOR FRANCE

ECONOMY IN EXPENDITURE ADVOCATED.

(Beater's Service.)

Paris, January 15.-]

GERMANY'S CAPACITY, TO PAY.

AMERICAN SPEECH PLEASES FRANCE.

(Special News Service.)

THE DRAGON MO

NEW LAND COMPANY.

CAPITAL OF $5,000,000,

FIRST ISSUE. OVERSURSERIBED,

· Paris, January-150% A new land and development. All parties praise the strong outspokenness of General Dawes Company has just been formed. At a meeting of the Cabinet, presided over by M. Millerand, it was decided to submit to the Chamber on Thursday the Bills to im statement at the first meeting of the Committee of Experts. The incorporated and registered in the prove the financial situation and balance the budget, and solve the Echo de Paris writes The speech delivered yesterday by General Colony under the name of exchange crisis, by suppressing tax evasion and effecting economies Dawes will be welcomed by all Francbrown. It does not contain the the Hongkong and Territorial Intense interest was shown in the State opening of the in the public services, postponing all further expenditure, and in- least disquieting sentence. The only reference to the Ruhr polier Estates id. The new condam mest momentous session af Parliament. The Brat member of creasing all taxes from May 1st. The Chamber will be asked to consists in stating that it is not the Committee's business to con-has- Capital of $5,000,000, of five o'clock in the rote the Bills immediately and make their passage a question of sider its legality. In other words, the General considers if un, an of which 11,000,000 has already the House of Commons arrived at

in the Mall confidence. The Government will take immediate measures to accomplished fact As to Germany's capacity to pay, he clearly been inredon The General morning. There were also great crowds

loudly Whitehall. who

cheered Their Majesties prevent speculation in the franc and in Gement, securities indicates that the time has not yet come to assess it. What, then, Managers are Masken, and and the Prince of Wales as they went in procession to Parliament Expenditure which hitherto has figured a recoverable will be are the Committee's propar duties?. To consider currency, financial Tomes and Co, while the ban from Buckingham Palaca and York House, respectively, in brilliant henceforth covered by corresponding revenue. It is anticipated that and fiscal reforms calculated to restore Carmany's productivity" and the Hongkong and sunshine. There was a splendid scene in the Lords, the red benches af increase in sil taxes by swanty per cent. will yield five milliard Le Matin points out that with a man like General Dawes we shall Shanghai Banking Corporations have within the next few weeks, a report on the situation of the and the auditors Messrs. Percy being packed by Peeresses, richly gowned and be-diamonded whilst france and the other measures three milliards.

Reich with definite proposals.”

Smith, Sath and Fleming, cand the Peers were robed in scarlet and ermine. Labourites watched

Mesara Lowe, Bingham and Matthews. tha scene from the Gallery where there were the customary demon- strations by unemployed, who were shepherded by the police.

The King's Speech.

The King's Speech, on the opening. of Parliament was as follows:-"Our relations with foreign, Powers are friendly and I am gied to record that definite progress has been made in the solution of questions which hitherto have blocked the pathway to mutual under- standing and retarded the recovery of the world. A Bill will be introduced to give effect to the Lausanne Treaty and as soon as it is passed the Treaty will be ratified and a new era of peaceful relations with Turkey will open.

"The Anglo-American agreement with regard to the illicit im- portation of liquor into the United States is on the eve of conclusion and should further strengthen the happy relations between the two countries.

Paris, January 16.

Berlin, January 15," A section of the opposition having demanded an immediate

Le Petit Journal describes the franknass shown by General debate on the financial situation, the Government insisted on a postponement of the debate until January 17th making it a matter Dawes at the meeting of the Experts Committes as brutal. of confidence. The resultant was vote 388 to 198 in favour of the Government.

L24 WRECK LOCATED.

نجره

THE FALL OF THE FRANC.

SARCASTIC NEWSPAPER". COMMENT.

(Special News Service.)

Paris, January 15.

We are informed that the first: issue of the new Company is fully.subscribed in fact, very heavily oversubscribed, so much so that applicants for shares have had their applications OOD- siderably curtailed when the allotments ware made.

The General Managers, on being approached, confirmed the Rotation of the Company, and, except for saying that the Com

HOPE OF SALVAGE ABANDONED.

London, January 15. The Admiralty officially state that the wreck found by a diver

With reference to the fall of the franc, which the Cabinet pany is starting business right Later. Council considers on Tuesday, Le Matis writes: "No lawful come away and that there will be no yesterday off Portland is not 124. The search is continuing.

The Admiralty announce that the wreck of 124 has been de-mercial operation can justify such extravagant quotations. But the whares available in the open finitely located, but owing to the position salvage operations are aim of international financiers is to weigh down France's confidence, market for the present, they to shake her to the utmost, to drive her to panic. Thus did Germany would not commit themselves to impossible and have been abandoned.

A message from Portland states that it is learned authoritatively act at the Battle of Verdan, but France will hold on as she did at any statements regarding the thet local Naval officials have now definitely decided that the wreck Verdun. She knows that her political position in Europe is intentions of the Company and examined by a diver yesterday is L24. Local authorities recommend stronger than ever it was. She knows that she has not 1,250,000 the plans they intend pursuing, The recent Imperial Conferences were marked by very definite an abandonment of the search in view of the extreme probability that unemployed. She knows she is not threatened with great strikes, beyond stating that, as the name progress in Imperial co-operation, more particularly as it was found the wreck has been located, and as there is no prospect of salvage and that a social revolution is not knocking at her gates. possible without a departure from the existing fiscal system of this owing to the tides and the depth of the water. country to meet the wishes of the Dominions by a substan-

"It will continue to be my object to support by every means in my power the steady growth and influence of the League of Nations. Recent' murders on the North West frontier of India have caused me much concern, and I earnestly trust that the criminals will be punished and more satisfactory relations established on the

fronder soon.

tirl extension of

of Imperial

Preference

the principle established by Conference in 1917 and enforced since 1919. Proposals to give effect to the conclusions of both Conferences wil

Commons

invited

to

mous Palatinate."

THE SEPARATIST DISPUTE.

(Special News Service.)

INTERESTING NEWS ITEMS.

Kennedy Town has been sold.

We understand that the price realised shows an approximate profit of a quarter of a million dollars.

implies, its object is to develope land and building sites in the Colony and adjacent territory.

CHINA PROVIDENTS. be submitted to you. I welcome the opportunity afforded by the Allies were glaring at each other in only semi-concealed hostility.

SALE OF PROPERTY. Berlin, January 15, British Empire Exhibition to increase our knowledge of the varied He urged the necessity of bringing the solemn influence of Britain to bear in order that a new leaf be turned. He advocated more re-curces of the Empire and to stimulate' inter-Imperial trade."

skilful handling of diplomacy, and at the same a friendly but firm

The Separatists in the Palatinate are threatening deathḥ and| The speech

regardir g expresses the graveet concern

and emphatic assertion of our own interests. He protested against confiscation of property of five prominent citizens of any district in

PROFIT OF $250,000 unemployment in view of the country's non-acceptance ·

of Ministers, the doctrine of a Parliament under an obligation to carry out the which attempts will be made on the life of officials of the "Autono which, is the judgment

subversive of the proposals. recent

Just as we go to press, an in of decisions of the Imperial Conference, - 25 materially contributed to the solution would have

General Demetz, Commander of the French troops in the Palatimation reaches its from the will be

as-tights of self-government, which we would never surrender. The

Managers of they the problem. sent to an extension and an amendment of the trade facilities and Every pledge given by Ministers at the Imperial Conference tinate, was examined on Monday by the International Rhineland General

China Provident Loan and export gredit schemes, and to a proposal for an Imperial Economic that matters should be brought before the House of Com-Commission about conditions prevailing in the Palatinate..

The official ceremony of assuming the Rectorate of Munich as Mortgage Co, Ltd... to the effects Conference for expediting and assisting the execution of certain mons would be fulfilled to the last letter. The fact that the public enterprises throughout the Empire, by a gran: of financial aid Government told the Conference that they intended to submit well as the celebration of the anniversary of the Empire on January that the Company's property at

to Parliament surely meant that 18th has been prohibited, since disturbances are anticipated. from public funds and the extension of contributions towards the the Preference proposals cost of public utility works undertaken by local authorities or by Parliament was absolutely free to carry out or roject these pro- statutory and private corporations. The Commons will be asked to posals. He contended that the Government's proposal to tax food assist in providing work in the shipbuilding industry by the in-for the purpose of Dominion preference was a very fundamental de- mediate construction of cruisers and auxiliary craft in anticipa-parture from the existing fiscal system, which constituted another

reason for refusing the Government their confidence. tion of the Naval programme.

Mr. Macdonald urged that in this unparalleled political situation

(Special News Service.) The King's speech proceeded to state that steps will be taken to

Berlin. January 15. develop the existing system of juvenile unemployment centres, and the House could not merely pursue the old-fashioned party tactics. to provide increased facilities for general and technical education. He said no party could take the responsibility to-day without feeling

Denmark and Norway have opened at Christianis fresh negotia- The Ministers propose to summon a Conference, representing all it would rather avoid it if it could, because the state of Europe and interested in agriculture and the political parties with the object of affairs at home were so bad, but the nation's Government must be tions regarding Greenland.

A Naval Commission of the French Chamber has reached arriving at an agreed policy whereby the acreage of arable land carried on. Whoever carried on the Government under these

The military situation in Can may be maintained and regular employment at an adequate wage circumstances was entitled to appeal for fair play to the sports agreement with the Government about hastening the construction

ton is still far from composed be secured for the agricultural worker. Bills will be introduced to manlike instincts of Englishmen, and the support of the House so of new met-of-war and corresponding increase of credite

The English Chambers of Commerce are urging the Govers-To-day a news indicates that improve the position of pre-war pensioners, and to deal with the long as it did its duty.

Mr. Clynes moves the Labour amendment to the Address, as ment to invite France and italy to negotiate at once about the following the settlement of the discouragement to thrift involved in the present means of limitation

follows: It is however our duty respectfully to submit to your consolidation of their debts. to the grant of old age pensions.

The Turkish Budget for 1924 shows a deficit of eight million conflict in Shek Wai Tong, all the troops belonging to the The speech, inter aliu, mentions Bills to amend the Factory Acts, Majesty that your Majesty's present advisers do not have the con-

Fourth Division have left for the Mexican revolutionists claim that they are blockading the East River froạt, but those under a proposal to increase activity under certain sections of the Housing fidence of this House." The date of moving this amendment has not Turkish pounds. Act enabling workers to become the owners of their homes, been fixed.

Mr. Lloyd George controverted the claim made in some quarters harbour of Tampico and will attack the town by land within the General Cheang, Kwong-leung's measures to complete the land purchase in North Ireland and to cuarantee principal and interest on bonds issued by the Government that Parliament was bound to ratify the proposals submitted by the next few days. of the Irish Free State under the Land. Act recently passed there, Government at, and accepted by, the Imperial Conference. He whilst an obligation to alleviate hardship caused by former disturb charged the French with furnishing money to foster the Separatist) ances in Ireland is recognised. Proposals will also be submitted for movement in the Rhineland and hoped that whatever Government an expansion of the Royal Air Force in connection with Home came into power it would assert the authority and influence which

the. Empire was entitled to by its power and sacrifices. defence.

Labour Opposition Begins.

A Hint by Mr. Baldwin.

(Reuter's American Service.)

MEXICAN DESERTERS GIVE THOUBLE.

Washington, January 15.

CANTON SITUATION.

GENERAL FLEES TO SHAMEEN.

command have refused. to acknowledge him as their chiaf on the ground that he has pocketed all the ravennes, and ars showing their inclination to go over to General Fan Shakshan. It is reported that General- Cheong, owing to the unreliability

of his followers, has taken refuge:

The House of Commons was crowded. Mr. Asquith, who bas

Mr. Baldwin said that when the Conservatives went out of

It is understood that the Government will shartly inform Huerta on the Shamean and has tendered recovered from his indisposition, sat next to Mr. Ramsay Mac-power they would not engage in factious opposition but would donald on the Front Opposition Bench

The proceedings opened breezily. The Labourites, supported endeavour to help such causes as unemployment and agriculture, that proper American commerce with Tampico must not be inter- his resignation. by the Liberals, opposed Mr. Baldwin's motion to appoint the Con-He threw out a suggestion that where none of the three parties fered with. The police authorities at New Orleans have been requested A report from Sheklung states could independently govern, a round-table conference should be by the agents of the Departments of Justice to assist in rounding that General Chan King-ming s

gradually-moving s servatives, Mr. James Hope and Captain Fitzroy as Deputy Speaker held, particularly as regards the agricultural problem, with a view up a force of a hundred deserters from the Mexican gunboat at pre- forces sze and Deputy Chairman of Ways and Means respectively. Mr. Mac to arriving at some common measure. He endorsed Mr. Lloyd sent being repaired in that port. The crew have deserted, and com-forward and that serious condi donald said it was impossible to pass the motion without a division, George's view with regard to Parliamentary adoption of the Imperial bined forces of police and Federal agents are proceeding to s house tions prevail in Sheklung and

in the city where the deserters have barricaded themselves. which would be regrettable, as there would be difficulties enough Conference rosolutions: otherwise in this Parliament. He suggested that during the debate

Mr. Baldwin informed the House that the proposed American on the Address these posts should not be filled but that the Speaker Liquor Treaty, on which the principal parties were agreed and which should adjourn nightly for dinner,

was being examined by the Dominions, provided that the United Colonel John Ward protested that party arrangements behind States should have the right of search to a certain distance outside the scenes were responsible for Mr. Ramsay Macdonald's attitude.

the three-mile limit, British vessels to be permitted to carry sealed

"

The Liberal member, Mr. Pringle, supported Mr. Ramsay Mac-liquor into America barbours for use on the return voyage He donald, and Mr. Jack Jones shouted, amid laughter, that he believed dwelt optimistically on the appointment of the Allied Experts Com in the spoils going to the victors.

Mr. Baldwin withdrew the motion pending the result of the mittee, which was the first progressive step made in Europe for a whole year, owing to American participation, and on the means Mr. Mitchell Banks, in moving the Address, axpressed the afforded to provide remedial measures regarding German finapees

The House later adjourned. opinion that the resolutions of the Imperial Conference did, in some sort, constitute an obligation towards the Dominions-(Cries of

"No").

debate on the Address.

Lord Apsley seconded.

(Reuter's Service.)

PREDICTION OF EARTHQUAKES.

Faenza January 15.

Bendandi's seismic predictions, mentioned in a Rome message of Scientific circles are stirred by the verification of the sculptor January 11th. All the seismographe last night registered a violent and long-continued shock, ten thousand kilometres away. [But the prediction did not state that the big quske would be in Japan.)

OBITUARY.

Demonstration By Unemployed. Unemployed demonstrators on the Embankment with banners Mr. Ramsay Macdonald described the King's speech as aand a band were diverted from the vicinity of Parliament and curious and miscellaneous collection of odds and ende, many items escorted by the police to the City Temple, where the pastor, Doctor being borrowed from Labour. He said the prospect of a change of Norwood, welcomed them on behalf of the brotherhood movemen

London, January 15 Government had done more to bring the influence of Britain into In the course of his address he styled them "the ghosts of our social the minds of dominating Continental statesmen than twelve mouths sins." He was proceeding: Ladies and gentlemen" when a voice

The death has occurred of the Earl of Warwick of the last Government. (Labour cheers)...

from the gallery shouted Comradest" "Yes comrades, said Dr

Francis G. Guy Greville, Earl of Warwick and Brooke, Norwood, who added that he hoped the meeting would impress on

to the title in 1893. clamant question. Two of the born in 1833 and succeed station that tests

spoke to the resolution which they had Brigadier General Lord Brooke, C.M.G., K.V.O. who wa

f 183 emp

sent to stimulate industries wi

Back to 19147-

Continuing, Mr. Macdonald-szid khe state of Europe was for leatory of the nearer what it was in 1914 than anyone cared to think about, with sdopted calling Tival semies and rival nationalist policies. The nations that

Continued on Page

Chashan

TO-DAY.

Closing Exchange 28. 4. 1/16, Barometer 2 pm 30.01 Temperature. 2 p.m. 65 Humidity 2pm 93 Lighting Up Time 6.00

NEWS IN THE ADS:

fice concerning the

1923/4 of the:

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