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AAF FRIDAY, JUNE 24, 1932.
日一廿月五
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FORT
DUNLOP
The Turn of Rugged Strength
"South China Morning Post Bldg.” Tel. 24554,
DRAMATIC DEVELOPMENT OF LAUSANNE TALK
1420NASAJ BILASEJUTANLAR SYSZENTIRATESITANGASJERKEN
TENTATIVE ACCORD EGYPTIAN DOPE RING
BETWEEN
FRANCE & BRITAIN
MR. MACDONALD'S FOUR PRINCIPLES
HOPES RUNNING HIGHER
London, June 23.
AS MR. RAMSAY MACDONALD SUCCEEDED
HAS
IN WINNING OVER M. HERRIOT TO THE BRI-
TISH REPARATIONS PROPOSALS?
This question was on all tongues at Lausanne to-day following a long conversation between the British and French Premiers, culminating in a gathering of both delegations, which, in its turn, terminated in French agreement to discuss the issues with the German delega- tion.
It is widely reported that M. Herriot reached a tentative agreement with Mr. Ramsay MacDonald that
The Reparations Settlement must be final.
It must be of a nature to revive world confidence. Germany must not be asked to make any payments now or during her progress towards recovery from the economic depression
No future payments from Germany, if any, shall contain elements likely to upset normal com- mercial dealings after the manner of the huge- scale shifting of funds in the past few years. If the report is true and it comes from very reliable sources, à complete and satisfactory solution of the pro- blems of Lausanne has been brought appreciably closer.
FRANCO-GERMAN DISCUSSION TO-DAY
conversa-proceeded at once to the Foreign Important informal
continued to-day be; Offee and lator appeared in the tions were tween the leading delegates to the House of Commons. reparations and disarmament | When naked for information as conferences at Lausanne and to the attitude of the Government tieneva.
towards the Hoover proposals, he were receiving in- was cent said they Interest at Lausanne red in an interview which lasted mediate consideration. Meanwhile two hours between the British and he had nothing to add to the French Prime Ministers. Later statement he had made at Geneva, the French Minister of Finance,
FLUTTERING IN DOVECOTES. M. Germain-Martin had a conversation with the Chancellor Sir
long
John Simon WAS in com- of his of the Exchequer, Mr. Neville munication with some Chamberlain, and
Walter colleagues this afternoon and to- will attene! Cabinet Runciman and all three then join-morrow.
Mr.
ed Mr. Ramsay MacDonald and M.jmeeting. It is expected that he Herriot.
will return to Geneva later in the
SENSATION
BRITISH BUSINESS MEN ARRESTED.
(Router's Special Service).
Catro, June 23.
Sensational arrests which have Just been made in Alexandria and Constantinople in connexion with * the drug traffic, include three British business men, well-known in Constantinople.
They are alleged to have des patched heroin to Alexandrin,
€14350USZCZALNICO CBC31492ONASMEJA.
FLIGHT FROM
THE YEN
FALL OF A PENNY
YESTERDAY
BEAR PRESSURE
to
London, June 24. The flight from the Yen appears be gathering momentum, to-day's quota- tion in London falling a penny to 1/6, while a cor. respondingly heavy fall was noted on all important ex- change markets.
The value of the Yen to-day com- pares with a high mark of 3/- Just before the Japanese Govern- ment abandoned the gold standard.|
CITY, OPINION
MANCHUKUO FORCE ANNIHILATED
Mr. Tom Walls, loading in April the Fifth, after his famous victory in the Derby.
AMERICAN OPEN GOLF
DAZZLING PLAY BY
DUTRA
FOUR-STROKE LEAD.
New York, June 23. International flavour is lack- ing in the American Open Golf Londen financial circles express Championship which opened to- the opinion that the primary enuse day at Flushing, Long Isinnd, of the sharp depreciation of the len the only prominent British is heavy forward exchange eettle-player competing being the ex- Iments by cotton and wool jimporters, amateur champion, Mr. T. P. and delayed operations by expor-Perkins. who has been in America for some time past on
ters,
It is alsu believed that the
W11-
evetainty regarding the internal business. and external politicnt and financial The first round of the com situations have caused speculative petition provided a sensation, bear selling of the Yen.
dazzling card being returned by it is generally felt that the ex- Olin Dutra, who went round in 69. tent of the recent depreciation is four strokes better than any of his not justitied by the actual facts of rivals. the tuation. Reuter,
EXCHANGE MARKETry
LIFELESS
NO CHANGE IN THE DOLLAR
PERKINS FADES OUT.
T. P. Perkins was in brilliant to setting out and seemed to offer a challenge to Dutra so consistently did he reel off his threes and fours up to the twelfth, At the twelfth, Perkina holed ont magnificently for a birdie, but from that point ho gradually Inst his former.steadiness and got into trouble on several occasions and The Hongkong dollar remain while bringing off some excellent unchanged to-day, with the local, recoveries had finally to be con- exchange market inclined to be,
tent with a score of 76. easy. Business is still exceeding cellent golf despite the harassing Sarazen and Burke played ex-
Silver is down 1/16th In London. wind.. There was, however, The Continent sold and Chin nothing to compare seriously with bought, on a steady market, After with barely a bad stroke. He was the golf of Dutra, who went round the offlelal fixing, the market ruled particularly deadly on the greens. quietly standy.
Leo Diegel returned a card of -73
The following communique was week. Jater issued:--
The French Premier, M, Herriot, ?Conversations between the Bi Will also meet his Cabinet col-ly small, tish and French delegations, were leagues to-morrow, arrangements continued in a useful and friendly; having been made for him to leave way. They have been suspended in Lausanne to-night,
order that the French delegation The German Chancellor. Herr might have an opportunity of con. Von Papen, will also leave to- sulting with the German delega, morrow on a short visit to Berlin.
--British Wirchas
tion." Reports from Lausanne, state, that Mr. Rameny MacDonald and
Herriot reached 3.
a tentative
accord on four questions of prin- elplo in regard to reparations:
Firstly, the solution must be final.
VITAL PRINCIPLES. Secondly, It mual result in a re- vival of world confidence.
Thirdly, Germany shall not be asked to pay now or during the
. period of her recovery.
Fourthly, if the payments are resumed, they must be of such a nature as not to upset normal com- mercial Interchange.
It is reported that the French and German delegates will open discussions on the basis of these points on Friday.
GENEVA TALKS.
At Geneva, the disarmament proposals of President Hoover are now embodied in the conversations which are taking place...
The British Ministers in London are maintaining close touch with
their colleagues in Switzerland but of Ethiopia, Astrau
The wedding of the Crown Prince
.a
Wosan, to mora direct contact
was PrinceAR
Volzers Volleto Izrael, established to-ilay when
the daughter of Kiang Sioure of Tigres. Forelga Secretary, Sir Joħin Simon, ! They are shown leaving the church arrived in London by air. He
in Addis Ababa.
In New York, silver prices to occupy second place. receded 1/8th to 27.3/84, on an csay market. Futures are also
easy.
The cross-rate has dropped to 3.61,
SUPERB RUNNING
FEAT
Nurmi's Time Bettered by 20 Seconds
(Reuter's 'Special Service),
Helsingfors, Jano 23. During the Olymple triala to- day, Lauri Lehtinen, accomplishing the most remarkable athletle fent in several decades, ran the three milos In 13 minutes, 50 3/6th seconda, and the five thousand metres in 14 minutes, 16 9/10th seconds.
LEADING SCORES. " Lending scores:
Olin Dutra Leo Diegel Gene Sarnzer Billy Burke Walter Ingen
T. P. Perkins
Other scores:
G. Von Elm .... W. Horton Smith MacDonald Smith Tommy Armour
73
SPFREE
79
80
80
82
-Reuter.
MA CHAN-SHAN
AGAIN REPORTED KILLED
(Special to "Telegraph")
Harbin, June 24, In both events, Lahtinen broke: Reports roaching Harbin from the existing world's records, both Tokyo declare that the redoubt- hold by Paavo Nurmi, betteringable General Ma Chan-shan has Nurmi's time for the three miles been killed, but thore is no con-. by the amazing margin of 20 a/fith firmation of the story in this part Macoads, and his time for the 5,000 of the world and it is not believed. notres by over eleven seconda! -Router.
LORD LLOYD BOMB HOAX
NO EXPLOSIVES FOUND
London, June 24.
An elaborate hoax is now believed to be the explanation of the "sensational affair" at St. Bee's School, Cumberland. last week-end when a "time-bomb" was found beneath the platform from which Lori Lloyd and the Bishop of Carlisle were address- ing the boys.
After an examination of the "infernal machine," Home Offee. experts have returned to Cumber- and with report which, it is understood, will reveal that the bomb id not contain any ex-
Jiro Sato, Japan's finest tennie player, who yesterday defeated Inn Collins, Cochet's conquerer at Wimbledon.
BRITAIN
plosives and was jot thera by a "CARRIES ON
practical joker.
The "bomb" was extremely well- made and looked a really deadly nucane of destruction.-Renter,
INVASION OF THE PHILIPPINES
GOVERNOR FORCED
TO REVOKE AN
ORDER
The
TARIFF SYSTEM "EXPERIMENT”
MR. BALDWIN ON TRADE BARRIERS
CENSURE VOTE
London, June 23. Mr. Stanley Baldwin, surveying Britain's economic position during a debate on a motion of censure in the House of Commons, said that the tariff system adopted to correct the adverse balance of trade was on its trial.
It would be two or three years
TRAPPED BY GUERILLAS
NOT A MAN LEFT
ALIVE
TERRIBLE TOLL
Harbin, June 24.
The complete anni- hilation of a large detach- ment of Manchukuo troops in a bitter but unequal. contest with guerillas, has caused a great sensation.
The force responsible for the slaughter was a body "of - Chinese · "Volunteers," who have been haras- sing and been harassed by the Japanese in North Manchuria for same months past in a guerilla cam. paign.
These men, who have lost many of their number in occasional brisk engagements, took #terrible ro- on a detachment of three hundred of their Manchukuo com- patriots yesterday, a little to the north of Tsitsihar.
venge
FELL INTO AMBUSH.
The Manchukuo detachment was marching northwards under ordera, to engage a party of antl-Manchu- kuo Chinese troops, when they foll into an ambush and found them- selves suddenly surrounded.
Just a few, managed to get away, on the instruction of the Staff Off- cer commanding the force, with order to warn the main garrison at Tsitsihar of their perilous posi- tion and urging them to send rein- forcements,
MOWED DOWN.
¿
The engagement must have been swiftly over, however. The Volunteers appear to have been equipped with machine- guns which mowed down the Manchukuo detachment which had been caught in a terribly ex- posed position.
(Special to "Telegraph">
Manila, June 24. Governor-General,
Mr. Theodore Roosevelt, has signed an which has been enforced in the order revoking the Customs Order Philippines since February 24 last, designed to prevent the legal before they know whether it had! entry of Chinese into Philippine fulfilled hopes or not. sub-ports and stopping the inflow
Fire poured in upon them from of Japanese into Mindanao.
Although the Burea for Aprilialt, sides. Some tried to break When the original Customs and May had not yet been complete. | through the cordon, but there was Order was signed by the actingly worked out there wers indicato escape. Governor-General, Mr: Butte, there tions that there was a reduction in was a great autery among Ameri- the fouralde balance which ean and other business men on the was due both grounds that it was discriminatorysobinas of exports wul a decrease to an increase in and unconstitutional.
Mr. Roosevelt has now had to cancel the order as it has been
found to violate the United States Treaties governing passports-Reuter.
GEHRIG'S FINE RECORD
ELEVEN HUNDRED
in importa, in particular the lat ter.
ing materials showed they rentuin- In five months, statistics regarding
Jed practice antionary, whereas film cultures Board mapnfactur- ed articha, in spite of the fore- statag derica, w 1 272,000,000.
EXCHANGE RESTRICTIONS.
When the reinforcements ar- rived from Tsitsthar they found the Staff Officer and his three hundred men all dead, the Volunteers having slaughtered The entire detachment,
TRAIN ROBBERY.
Another train robbery provided the second success of the "bandit- volunteers." A westbound passen- ger train was looted about thirty- five miles to the west of Harbin, the "bandits" travelling as passen-
of
He deplord the world-wide re- | PAPA strictions on trade, which were im- One of them climbed along the poser by countriga solely owing to roof of the train, pul ย Bullet their domestic conditions.
through the driver and compelled MATCHES
No fewer than thirty foreign him to bring the locomotive to a New York, June 23.
{countries" had some kind of ex- halt. The train was then looted Lou Gehrig, the famous Yankee channe restriction. These restric-from end to end.-Reuter, first-bane, today played his 1,103rd tions were telling probably more consecutive game in the American against the recovery of trade even
The biggest number of cases best than tarifs, which throughout the cholera for any one day since the League, tieing the second major league record, and hitting world iad en increased.
present outbreak was reported yester- yet another home run.
Belgium, Poland, the Netherlands, day-namely, four. All wore from the Babe Ruth also came out of his Portugal, France and some British Victoria district.
Two cases of shell to plant the ball well away Dominions, tarifs been raised un-typhoid and one of paratyphold were for the circuit, but despite these they had reached a height it was also noted. big hits, the Yankees were again almost impossible to climb. It was beaten by St. Louis in a heavy extremely difficult to see how this scoring game.
position was to be broken.
Chuck Klein again scored 17 homer for the Phillies. Results:
National League.
New York
St. Louis Boston
8 Brooklyn Philadelphia 10 Chicago
American League.
I
LAUSANNE HOPES. ·
were getting a greater production with fewer men at work.
CARRYING ON.
The Lausanne Conference, Mr. Baldwin went on, naturally afforded Britain was, however, facing the some hopes and he was certain that economic blizzard better than any the cancellation of all reparations other country.
to and war debts in Europe was J11 In rogard to unemployment, while essential step towards giving coun-not wishing to minimise their hard- trica more confidence and helping ships,
10
Cleveland
1 Washington St. Loule. 14 New York
-Reuter. The cable in mutilated and the acores of the other matches in the American League cannot accurate- ly be given.
ment, it was
some encourage-
relatively
apeaking the 6 them to get on with their business. Britlah people were better off then The Despite the world impoverish-people in any other country.
Government would do what they ment to Britain that through a could and enter Into conferences difficult period she was holding and consider anything that might on to her exports trade.
be arranged between countries, but In the meantime the world had to As to the home, trade, the actual carry on. One of the great objects In falling from a scaffolding at a volume of production had alightly of the Ottawa Conference was to new buliding in Gloucester Rond, Increased, yet there had been an in. help to break down the barriers Young Tim, a plumber, of 24, Taierenas: be unemployment figures, to trade. When they returned from which necessitated his removal to the ations of the export con trade and be done in that direction with other Wong Street received a scalp, wound probably due to the appalling con- Ottawa they would see that could Government Cirli Hospital for treat to the fact that many Industries | countrion-British, Wirelog, G
ment..