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5.8. "EMPRESS OF ASIA" ·
At Noon-20th March, 1929.
WORLD'S
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SYSTEM
American Express Travelers Cheques.
Dadaltion of TRAVELLERS', CHEQUES—
THE 'HONGKONG TELEGRAPH,
HOPE FOR PEACE."
H.
HANKOW OFFICIALS
OPTIMISTIC
Hankow, Mar. 9. The situation is quiet and there are no signs of military, activity. Optimism continues to prevail, local officialdom expressing con- fidence that with the forthcoming arrival at Nanking of General Li Chung-yen the Kwangsi lender hitherto at Hankow) from Shang- hai and of Marshal. Li Chai-sum (the Kwanga leader at Canton) from Canton, a peaceful settlement with the National Government over the Hunan coup can be nogo
tiated.
The present disposition of the Hankow troops is stated; ughly.
to be:
MONDAY, "MARCH 11, 1929.
VISCOUNT FINLAY'S
DEATH.
SCOTTISH LAWYER AND
STATESMAN. ·
ווי
London, Mar: 10. The death is announced of Vis- count Finlay, the Scottish lawyer and statesman-Reuter.
WAN
Robert Bannatyne Finlay, lawyer and statesman, was born in Edin burgh in July, 1842, and educated at Edinburgh Academy and University. His father, Wi- Ham Finlay, was a Scottish Physi- cinn and he himself frat graduated took up the study of law and wan in medleine, He thon, however: called to the English Bar in 1867. By 1882 he had become a Q. C.
Entering the House of Com 80,000 men in the three cities of mons in 1885 as Conservative Wu-han and stretching in an ir member for the Inverness Burghe, regular line from Hankow north- he heldutan seat until 1892. He ward along the' Peking-Hankow regained it in 1895 and was made Railway to Kwangsi (1.c., to the Solicitor General in Lord Salis northern frontier of Hupeh pro-bury's Government, recolving a vince, watching the Christian knighthood. From 1900 until 1908 General's" men in Honan) and alad when the Conservative Govern along the north bank of the Yang- ment was defeated, he was Attor- doy-General. His political career taze River down to Wusuch (to
was resumed in 1910, when ho was watch for an advance by Nanking's returned, as member for Edint troops. 30,000 men garrisoning burgh, and St. Andrews Univeral Hunan province and its eastern ties. On the formation of the Lloyd 'boundary. separating it from
George Coalition Government in Klangal province (the Genern) of 1916 he went to the Upper House which supports Nanking); 20,000 with a life peerage and was made men in the smaller towns of Hupoh Lord Chancellor. province.-Reuter.
Chefoo Position.
|
CHINA AND JAPAN.
DOMESTIC PROBLEMS AND
nows
A SETTLEMENT.
Tokyo, Mar. D. Baron Tanaka, the Japanese Premier, gave an interview to Journalists in Tokyo this morning, and, commenting upon the latest from China, stated that while no agreement has yet been reached between Japan and China, the negotiations are progressing most sallsfactorily.Reuter.
Nanking, Mar. 8 An early resumption of Chines and Japanese negotiations is pre- dictated.
Reports from Japanese sources that Tokyo has an- stato nounced its willingness to give further important concessions in order to settle the outstanding issues, but no confirmation of theso concessions can be obtained in Chincao oficial circles,
It is learned that Dr. C. T. Wang, the Chinese Foreign Minia- ter, does not intend to make his usual week-end trip to Shanghai, but is remaining at Nanking.
Dr. Wang and M. de Martol were in conference this morning and they are meeting again to morrow.-Reuter,
Tainan Incident.
Nanking, Mar. 10.
In reference to the belief tri oficial circles in Tokyo that be cause of the. irruption of Chang Chung-chang, and also desiring to arrange a satisfactory settlement with Japan, prior to opening_the| third National Kuomintang Con- ference at Nanking on the 15th inst, the altitudo of the Nationalist, Government has weakened and that it is now prepared to make concessions in connexion with the
In 1918 he retired and in March of the following year was created a Viscount. His appointment as Chefoo, Mar. 10. British member of the Permanent Although Chang Chung-chang's Court of Arbitration at The Hague presence at Dairen during the past followed in 1920. When in 1921 week la confirmed, there is Do the League of Nations set up the truth in the report that his armies Court of International Justice con- have been routed, as no fighting slating of 11 judges and 4 deputy has hitherto taken place. A re-judges deal with breaches of in-settlement of the Tainan incident presentative of Chang Chung ternational obligations, the inter- in order to expedite the with chung here is endeavouring to per-pretation of trenties and other mat-drawal of Japanese troops from sunde Liu Chen-nien, to throw in ters in dispute between nations, he Shantung, Reuter is informed that his lot with the ex-tuchun, but Liu was made one of its members.
"officials of the Nationalist Gov- Chen-nien refuses to expose his
In his legal career one of the ernment emphatically deny hand, maintaining his entrench-chief cases of public interest with Chinese domestic politics are, a ments and placing land mines and which he was prominently asso factor in settling the Shantung barbed wire on his front line be- cinted was the Whittaker Wright question with Japan or other tween Kangyu and Tsangklach-action in 1903.
pending issues."-Reuter.
WITH..
It is considered that Cháng Viscount Finlay was Lord Rec- Chung-chang's organisation and tor of Edinburgh University from supply of arms and munitions is 1902 to 1903 hd was an hon, LL. D. of Cambridge, Edinburgh, and the daughter of Cosmo Innes, an Edinburgh advocate. Their only son la Sir Wm. Finlay, a judge of the King's Bench Division of the High Court.]
"The system of Travellers Cheques was originated in 1801 by the poor, hence his endeavouring to American Express Company with the object of creating, a form bur over. Liu Chen-nien. The St. Andrews. He married in 1874 of travel currency which would give the holder tho security of a latter's. subordinates, former lotter of credit and at 'the same time the convenience of local followers of Chang fear displace- currency, The Company registered the cheques under the trade ment if Nanking's appointees take name of 'AMERICAN EXPRESS TRAVELERS CHEQUES the over the civil and military posia, world "Travellers' being spelled with one "L" The advantage of the hende they are sympathetic with, Choquan was so apparent that other banking institutions adopted Chang the system."
Quoted from Pitman's Dictionary of Banking by Wm. Thomson
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Liu Chen-nlen is reported to have sent a representative to Tientsin to verify Chang Chung- chang's claim of a secret alliance with LI Chung-yen, and is awaiting a report before taking further action.
Many refugees have arrived from Tsangkinchwang owing to the danger of the land mines-and warlike preparations which in. diente that fighting is probable in the near future.-Reuter,
FOREIGN CAPITÁL,
·BRITISH KEY INDUSTRIES ADVERSELY AFFECTED.
New York, Max. 0. That British industrials fool that too much foreign capital is enter ing their koy industrica is the opinion expressed by a banker, Mr. S. II. Vallance, on receipt of a cable that only British shareholders NARCOTIC POISONING.] will be authorised to purchase additional shares which will be voted at a general meeting of the BRITISH RAILWAY EMPLOYEE British tieneral Electric, Company
in London.
!
FOUND DEAD.
(Our Own Correspondent.)
Shanghai, Mar, 10. Mystery surrounds the death of Mr. Kay, a British employee of the Shanghai-Nanking Railway, Ho is believed to have been a vic- tim of poisoning, by narcotics.
A protective Committee formed of American shareholders decided to employ.
the copanel to attend meeting on their behalf, and a pro- test was telegraphed to Sir Hugo Hirst. It was suggested that the attention of the Sinto Department should be drawn to the matter. ~Reuter's American Service.
6
REPARATIONS.
that
INTERNATIONAL BANK IS
SUGGESTED.
Paris, Mai. 10. The Reparations, Experts com- mittee, in a communique, expresses. the opinion that the final settle- ment of the problem of répara tions requires a permanent institu tion, such as an International Bank, to act nå trustees, receiving the annuities from Germany and distri- buting them to the creditors. It will facilitate transfera and finance as an deliveries in kind, and act Intermediary between all interested governments and lasuing banks in marketing bonds that might be Issued for the commercialisation of German annuities.
banks, possibly receiving from them It will co-operate, with issue clearing and investment déposits, but will avoid competing with them, The bank must be non-political and international, and be free from dominating financial relationships. It must be able to aid all central banks and maintain the stability of their exchanges and facilitate for the creditors an uninterrupted flow of annuities.
The creditors will also participate in the profits of the bank. The scheme will be discussed next week.'
Reuter,
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י
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