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FRIDAY,

JUNE

12.2. 1925.

EARLIER TELEGRAMS.

COTTON TRADE IN THE EAST.

London, June 11. In an address at the Manchester Chamber of Commerce, Sir Maneckji Dadabhoy, a member of tho Council of State of India, and a prominent Indian industrialist, declared that the Japanese cotton trade competition was going to menace the world unless, steps were taken in time both in England and in India. Britain must cheapen the cost of production. He suggested that the Indian import duty of 11% per cent might be increased to 20 or 26 per cont against foreign manu- factures and reduced to say five por.cont in the case of England,

Mr. J. H. Rodier, chairman of the India section of the Chamber declared that if in order to choapon production the standard of living of the workers in England must be reduced to the standard of Japan, Britain would profor to lose its preponderance in the cotton trade. He was of the opinion that the competitive power of Japan was increased by the inflation of the yen. The cheapness of Indian cotton last year and this was an advantage which might only be temporary:

Sir Edward Rhodes, who has just returned from the Far East gald that he was convinced that Japan was a country that was making most rapid and most dangerous progress against us in India and the traders In the Far East, including China were most afraid of Japan even in regard to fine goods.—Reuter.

THE NHANGHAI STRIKE.

SITUATION IMPROVING.

14

students haranguing the coolles-

Reuter.

failed owing to official precau aquad of Chinese police fired over tions. Reuter

the crowd and scattered it. Trial Dragging On

dozen arrests were made, The trouble was apparently purely Shanghai, June 11-The Penin- aular and Oriental S.S. Co, do not Chinese, but this morning when Shanghai, June 11. apprehend any difficulties, All

the upper wharf coolios attempted The companies operating the Ching shipping is held up here to resume work they were mobbed

The trial is dragging on. The and prevented from doing so.

Astriko was declared, the coastal and river steamers are suspending their sailings, which evidence was again mainly as to means that this class of shipping the origin of the trouble and the fa virtually paralysed, with 28 circumstances of the shooting, the vessels tled up.

desire of both sides being to S.C. A's Note to Press. The situation ashore is however, secure records on the subject for The Secretary for Chinese Affiles

The continually improving, despite Peking.

overshadowing last night sent a notification to tre the desperate efforts of the agita-question is the gullt or innocence various Chinese newspapers in the tors in canvassing and continuing of the accused. The defense is Colony in connection with Shang- the distribution of printed matter. showing that some of the rioters hat students riot stating that it

Hopes of a final termination of were shot in the back.

was hoped the peaceful inhabitants the strikes are centering upon the Shanghai, June 11-The student would carry on their business 49 expected announcement of the trial has concluded. The accused usual without taking heed of the reopening of the native banks, were ordered to furnish bond guaranirritating element and adding that and instructions from the Cham-teeing their good behaviour. The proper protection would be affords ber of Commerce to its members American assessor, Mr. Jacobs, deep-ed to all peaceful citizens, to reopen their business estably regretted the case which had much Shanghai, June 12, The Hishments.

embittered Sino-Foreign relations Students Unfon of Peking has sent Chinese Troops for Shanghai.' There was no demonstration by the out a circular calling on the whole Shanghai, June 11.-Special big crowd as the court was heavily country to hold a monster, demon trains are conveying to Shanghai guarded by police and an armoured stration in protest against the upwards of a thousand Fongtien car.

Shanghai affair, and suggesting troops from Nanking this evening. The situation in the French that work, business and schools A report from Madrid states that all movements of Spanish troops Chang Hsueh-liang, Chang Teo- Concession was to-day distinctly should be stopped for one day, have been suspended until the end of June. In the meanwhile nego-lin's son commands the troops easier. Reuters

The Chinese Legation police tiations are taking place with Abd el Krim.

whose mission is ostensibly to Peking, June 11-The Cabinet planned to walk out, but were maintain order on the borders of decided to agree to the applica arrested when information of the Settlement.

The movement tion of the demonstrators yester their intention leaked out. Tous derives extra importance from its day to send $100,000 to Shanghai an Yat Po. commander who doubtless will for the relief of the unemployed. personally report on the Shanghai Reuter.

FRANCE AND SPAIN IN MOROCCO.

Paris, Juho 11.

Another report from Geneva states that under the Algeciras agreement Britain will support the contemplated Franco-Spanish mea- sures to blockade the Riff coasts. It is reported that M. Painleve who has reached Rabat after a twelve hours flight from Toulouse will break his return journey at Malaga to confer with the Spanish Government on the subject of Franco-Spanish co-operation-Reuter,

THE STINNES OBLIGATIONS.

Berlin, June 11.

recent

situation to his father. It is also believed that Chang Tso-lin is taking advantage of the situation to strengthen his grip on the Shanghai region.

-China's Third Note. Peking, June 11-The Wai chidopa's third Note has not yet been preserited to the Powers. It Is officially stated that the Note will not be made public before to

It is reported that 600 atudents strated at Mukden, whereupon the led by Peking agitators demon-morrow. Reuter. education bureau warned them coolles'

The obligations of the Stinnes concern are reported to amount to 155,000,000 marks of which 110,000,000 are due in June. Forty per cent of this amount is covered by goods etc., so there is roughly a

Hankow, June 11-Following a balance of 90,000,000. Banking firms which attended the

dispute last night at conference are prepared to advance 50,000,000 marks while the re-not to harm foreigners and to Messrs. Butterfield and Swires up maining forty will be guaranteed by a banking concern headed by the efforts to cause a general strike of stone throwing took place, a cause no disorders. The students' per wharf, in which a great deal. Darmstaedtr Bank, the Reichs Bank being ready to give all assistance for bills of exchange issued by the Stinnes concern in agreement with that body Reuter.

RUBBER

RESTRICTION.

Vancouver June 11.

Mr. Edward Babcox, editor of the Indiarubber Review published in Akron, Ohio, in an interview said that strained Anglo-American com- mercial relations were likely to eventuate owing to the British restric- tion of rubber export which resulted in the price of rubber rising during the past three years from eleven to 78 centa a pound, with the prospect of it reaching a dollar. The result will be a situation neces-' aitating international. correspondence and forcing United States interests into the rubber production business.-Reuter.

THE EAST INDIES STATION.

London, June 11.

The new cruiser Effingham, whick" will be finally completed on 9th July, becomes the flagship of the East Indies station, relieving the Chatham, which has been ordered home-Reuter,"

THE BELGIAN LOAN.

New York, June 11. - The Belgian loan of $50,000,000 at seven per cent at ninety-eight, redeemable in thirty years is about to be issued by Messrs. Morgans

Reuter's American Service.

NOTABLE VISITOR.

ADMIRAL SIR GUY GAUNT IN HONGKONG.

་།

A Hutable Artival in the Colony Cb tile : Arafura from Sydney Call at Zur Showroomté gesteldby was Vice Admiral Sir

and

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baing mentioned in

espatches for the good worl

HA

He then carried out. was in the Orient again as Commander in H.M.S. Vengeance during the Russo-Japanese war and was promoted to Captain in 1907. He was successively in command of H. M. Ships Andromeda, Niobe, Challenger, Majestio and Thunderay (1915); and from 1918 to 1919 was Naval Attache to B.B.M. Embaser in Washington U.S.A. Acting as Bir Guy has represented the liason officer for the United States, Buckrose division of Yorkshire with the rank of Commodore first since 1922 and is 50 years of age, class, he was again mentioned in being the third 100 of the despatches in 1017. late William Henry Gaunt, Gover- After a period sfloat with the nor of the Gold Fields and convoy service, during which be Judge in Victoria, Australia. dew the broad pennant in B. M. 8. Hia career in the Royal Navy has eviathan', he was appointed to the been eventful in the extreme. In Naval Intelligence Department in 1897, he was Lieutenant in com-1918 and was promoted to Rear- mand of H.M.S. Swift during opera Admiral. He retired with the rank tions in the Philippines and in 1800 of Vice Admiral in 1924 and has was in charge of the British Con- eince devoted his energy to parlia sulate at Apia, Samon, when that mentry duties, in which capacity he place was attacked by rebel forces. has figured, with distinction in all During the operations which follow-matters which appertain to tho ed, be raised Gaunt's Brigade and administration of the Royal Navy | was promoted to Commander after and Colonial defence.

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