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X PUBLISHED ANNUALLY. X. LONDON DIRECTORY

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One-inch BUSINESS CARDS Firma desiring to extend their connections, or "Traite Curds of DEALERS SEEKING AGENCIES

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can be printed at £1. 108. Od. for each trade heading under which they are inserte. Larger advertisements u 6 per page.

The directory is invaluable to every one interested is oversens commerer, and a copy will be sont by pareri post for £2, nott eash with order.

THE LONDON DIRECTORY CO., LTD., 25, Abchurch Lane, London, EC. 4. England.

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STEAMER FOR Straits, Colombo, Australia Bombay, Egypt, Mediterranean Ports and London.

Through Bills of Lading issued for Batavia, Persian Gulf. Con- tental. American and South

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THE

Steamer “SICILIA" Capt. H.C. Davis, D.SC., R.N.R. carrying His Majesty's Mails wil. ba despatched from this port on or about THURSDAY, the 21st. Aug, 1924, at Noon taking Passengers & cargo for the above Ports,

THE HONGKONG TELEGRAPH,

EARLIER TELEGRAMS.

(Continued from Page 23

ALLIES AND GERMANY AGREE.-

MONDAY, AUGUST 18, 1924.

Herr Marx hoped the provision in regard to arbitration would.

be used and war-come to my end.-Renter,

always

Paris, Aug. 16..

The papers pay a tribute to M. Herriot's Grm coolness during the evacuation of the Ruhr discussion, he maintaining eloquently the rights clearly infd down before, maintaining with energy the legi- timate terms of the evacuation programme and insisting that the German Ministors of the Releh prove their goodwill in execuring their obligations-avan.

10

At the closing, Mr. Macdonald said the delegates must now strive make their work fruitful for good. Mr. Herriot and M. Theunis had been ridmirable. "If they might have thought at times that was rather unbending, it was for the aufety of Europe and- in the best interests of all our peoples as saw them." He would like to impress upon the German people that as a result of the Conference, they had created n xyslem of arbitration, examination and revision which would enable both then al us to abserve the working of the Dawes plan watch projects that might be doubtful in their effects and come together in a sincere desire to rectify mistakes so soon as the mistakes were discovered. In other words the time of nationi olation was ended, and the time for exchange, of views and reagon.. able dealing with experience had begun. Their work was only begin- ning however. They must continue the work of peacemaking and restoration.

24

Mr. Macdonald said he proposed that the question of the inter- Allied debts should be dealt with in accordance with a declaration nude in Paris. Economie problems would be bound to arise and when The central European Powers found their feet-there-would-be an attempLon-the-part of soulless International combines, by political pressure, to subordinate common interests in their own interests. The defence of national interests and national well-being against such movies must receive very careful consideration, and firm action by democratie Governments.

M. Herriot paid a tribute to Mr. Macdonald, who had led them with ur patience, kindness and loyalty. All the problems of the war were not gulved, but they already perceived the dawn. France was happy in seeing written in the frant of the London document the iles of arbitration, which, all hoped would be generalised in order to substitute the regime of conventions based on right and i legality for the atrocious rule of war.

Mr. Kellogg complimented the delegates and highly praised the Dawes plan, which, from the beginning, had the loyal support of the President and people of the United States. We believed that this ettlement was the dawning of a new day, the revlyst of industry and prosperity.

Mt. Theunis hoped the success of the Dawes plan would create a new atmosphere.

M. Stefani stressed the necessity for a real and efficient brother- hom of the peoples for the harmonious development of the work of reconstruction.

Her Marx thanked Mr. Macdonald and suid Germany would be willing to collaborate in the common work of humanity.

Mr. Hayashi, congratulated Mr. Macdonald on the success he had achieved.

The agreements will be formally signed ratification by the Frencir and German parlaments.

(327 the 30th after Correspondence between the French, Belgian and Mr. Hymaus promise the evacuation, of the Ruhr within a maximum delegations, dated the 16th, shows that M. Herriot, M. Theunis and Germani

spielt of good faith and pacification." They also agree on the day of twelve months "if the London agreements are carried out in n the territories outside the Ruhr occupied sinev January 11, 1923, after the final signature to evacuate the Dortmund-Hoerde zone and Silk and Valuable Cargo fond coullence in the undertakings freely entered inta."

in order to give "immediate spontaneous proof of the desire for peace Italy, France and London (unde. arrangement) will be convoyer by this Stonnor proceeding te Bombay and thore transhippor in the un-carrying Stoamer fo: Marseilles and London.

Parcul will be received at the Office until p. on the day pre vions of sailing. The contents ant value of all packages must br declared.

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Herr Marx' reply, while maintaining that the oretipation of the j Rair was unlawful, said he had hopes that the latter devision would mark the beginning of a new era of mutual relations. It is under- stood that the Allies have agreed to-immediate negotiations with Germany for commercial treaties,

Berlin, August 17. The Nationalists publish a declaration-rejecting the landon Compromise.

The conclusion of the ten thousand word “Agreement of London"

Lundon, August 17. after thirty-one days of conference, has given widespread satisfaé tion. The speeches at the final sitting were cordially applauded. Mr. Ramsay Mucdonald fed the applause given to Herr Marx's speech, after which an atlicial of the Foreign Office carried the agreement - round for signature or initialling. Mr. Macdonald as | presitient, Mr. Hunky as secretary-general, and the members of the delegation, excluding the secretary for the United States, signed the opening protocol, but the four annexes containing the main sub- stance of the agreements was only fnitialled by the various delega tions including the representatives of the British Dominions, pend- ing the formal signature on the 30th. It however that the agreements cannot be varied dates regarding the stages of the execution of the plan will be advanced a little, as the original dates presupposed the first steps. to have been taken by the 15th,

WIM

expressly stuted

except that the

At the conclusion it was understood that Herr Marx made clear that he would regard the agreement null and void if the Reichstag failed to ratify it. There were animated scenes in Downing Street while the last touches were being put to the agreement. A large, ever-changing crowd paraded the street, and there was a great out- break of cheering when Mr. Macdonald emerged looking very pleased and said: "I am very gind it is over. Everyone is pleased." M. Herriot beaming, declared "We are very confented

satisfied,

and return to France altogether pleased and happy." Mr. Mac old later took train for Lossiemouth where he will spend, a week's hodalay in the Highlands. It is expected that he and his. daughter ishbel will be guests of their Majesties at Bulmoral next work-end.--Renter

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