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The
FIRST EDITION
Hongkong Telegraph.
FOUNDED 1882
二拜疆 號一月五英游香 TUESDAY, MAY 1, 1934.
No. 14288
日八十月三
KINGLE COPY 19`denta
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BRITAIN SATISFIED BY JAPAN'S ASSURANCES
America's
Strong
Line
MR. GREW'S STATEMENT |
ON SUNDAY
›(Spacial to "Telegraph")
(Big Talxorank, Carymont, Dulatrankie So
Ordinanser, LOPER
109s. Berrived Mov 1.40 J
Washington, April 30. The State Department has made public the substance of the statement which the U.S.| Ambassador in Tokyo, Mr. Joseph Grow, made to Mr. Hirota on Sunday.
The Amertean Ambassador
emphasised the obligations of all. signatories to treaties relating to] China and asserted that the United States would be duly con siderate of the rights and obligo-| tions of other countries.
CONTENT TO LET
ISSUE DROP
"REASONABLY CLEAR”
UNDERTAKINGS
ALTHOUGH IT IS. CONSIDERED DOUBTFUL IN SOME QUARTERS WHETHER MR. CORDELL HULL WILL FOLLOW THE LEAD OF BRITAIN; SIR JOHN SIMON INDICATED IN THE HOUSE OF COMMONS YESTERDAY THAT THE JAPANESE "HEGEMONY CLAIM INCIDENT"
· IS VIRTUALLY REGARDED AS CLOSED. The British Foreign Secretary outlined the assurances given by Mr. Hirota, that Japan fully accepted the provisions of the Nine-Power Treaty, and indicated that Britain felt satisfied,
"RESOLVED TO ASSIST TO UTMOST
IN PROGRESS OF CHINA"
London, April. 30. ed in any way to infringe the com- "The United States, therefore, Japan's reaffirmation of her mon rights of other powers, in expects, on the part of other acceptance of the polley of the China or to infringe Japan's own! yovernments, due consideration of Open Door in China was communi- treaty obligations. the rights and obligations and cated to Sir Francis Lindley, the legitimate interests of the United British Ambassador in Tokyo on Sintes."
Aprli 25th by the Japanese Minie-
MR. HIROTA'S REPLY.
"In reply, Mr. Hirota indlated. that His Majesty's Government were correct in this assumption.
Prince Cheng Tui-ai and Princess Jun-He, who have been residing in England as Mr. and Mrs. Chang, leaving for Manchuria, via Siberia, to join the Princess's brather, Pu YI, in Chungchun. With them is their baby daughter.
HONGKONG DOLLAR DOWN
FALLS TWICE THIS MORNING
is the opinion of the Ameri-ter for Foreign Affairs, Mr. Koki can people and government that no Hiret. nation can without the assent of An account of the interview was "He assured the Ambassador) In sympath with declines ini
ther nations concerned, rightfully given by the Foreign Secretary, endeavour to make conclusive its Sir John Simon, in reply to ques vilt in situations where there are tions in the House of Commons this involved the rights and obligations afternoon.
Sir John Simon said the Am and legitimate Interests of other anvereign states.United Press,bassador's communication to Mr
Hirota was a friendly enquiry.
HULL STATEMENT Tokyo Pronouncement Not To Be Ignored
EQUAL RIGHTS.
"It was to the effect that the tenance of the Open Door in China:
that policy."
principle of equal rights in China
and reaffirmed her acceptance of after the morning's change, and
CONFLICTING STATEMENTS.
that Japan would observe the pro-silver prices Foth in London and visions of the Nine-Power Trosty New York, the Hongkong dollar and that the policy of the Japan-dropped a further ths this еве Government and of His morning. It opened ut is. 41⁄2d., Majesty's Government in regard which was d. down from to the treaty coincided.
He stated in conclusion that later in the morning fell a fur- yesterday's closing rate, and Japan continued to attach the greatest importance to the main-ther 16th to 18. 4940.
The market locally was still easy was guaranteed very, explicitly by
the interbank rate was is. 4%d. the Nine-Power Treaty of 1922 to
Silver declined d. la London) Washington, April 30. which Japan is a party and that
and at 42d. the New York quota- Mr:~Cordell"Hufi han completed Ile=Majesty'sTM Government must, Sir John Simon was further ten was down three-quartors of his examination of the Japanese of course, continue to enjoy all asked if any expinnaton was forth. cent. declaration of policy and may rights in China which are common coming of the statements issued by Messrs. Swan, Culbertson and make an official statement shortly. to all the signatories or are other the press officer of the Japanese Fritz, reporting from New York on It is expected that thin will wise proper, except in so far their Foreign Oflce, the Ambassadors silver, stated:-Lack of rumours) cially bring the incident to an rights were restricted by agree of Japan In Washington and and any definite opinion of U.S. ments such as the consortium Berlin, and their representative in apeculators caused the market to Later.
agreement, or in so far as Japan Geneva, which seemed to conflict follow the foreign markets. This The official statement issued by had special rights recognised by with the latest statement of Mr. condition will probably prevali for Mr. Cordell Hull says:
other powers and not shared by Hirota.
in few days. "The American Ambassador to them.
Sir John Simon said it must not Japan, under instructions from "Sir Francis Lindley added that be assumed that the Information the State Department called on the anxieties regarding China ex-reaching the readers of press in the Japanese Minister for Foreign pressed in the recent Japanese every prese Affairs on April 29 and mado a statement could not apply to the thorised. statement, the substance of which was as follows:
und.
United Kingdom alnce it was the aim of British policy to avoid the dangers to the peace and the in- tegrity of China to which the state-
FRANK REAFFIRMATION. "Hocent indication of the at-ment referred, titude on the part of the Japanese
Government in regard to the SOLE RIGHT denied.
rights and interests of Japan and
statement was
au--
BRITAIN CONTENT.
The statement made by the Minister WHA Japanese Foreign | reasonably clear and His Majesty's Government were content to leave this question where it was.
"His Majesty'a Government "I would only add that His other countries in Chine and in naturally could not admit the Majesty's Government are resolved
connection with China have come right from sources so authoritative as
to preclude their being ignored And make It necessary
for the American Government, adhering to the tradition of frankness that has prevailed in the relations bu- tween it and the Government of Japan, to re-affirm the position of the United States In regard to the question of the right interests Involved.
and
(Message incomplete).
GENERAL GOERING RESIGNS POST
To Concentrate on 'Air
and Defence
Berlin, April 30. General Goering, who has held
the position of Prussian Minister
of the Interior together with his
of Japan alone to decide
CHINA, RAILWAY LOAN BONDS
For Completion of
Yu-Ping Line
an-
Nanking, May 1. The Government nounces the flotation to-day of $12,000,000 of Railway Construction Bonds, for the completion of the Yu-Ping Railway.
The annual interest will be six per cent, The bonds. will be secured on the sur: plus profits of the Chinese Government: railways. Reuter
WALKER CUP GOLF
BRITISH TEAM
COMPLETED.
INCLUDED..
to assist to the utmost possible MUNN AND MCRUVIE extent the spirit of international cooperation in the progress of China towards peace and pro- Esperity and in the maintenance of aapirit of harmony and goodwill In the Far East.
London April 30. The British Walker Cup team LEAGUE ASSISTANCE. was complated to-day with the Alling of the two vacanetos by The British attitude towards Lionel Munn (Royal Cinque Ports) the recommendation of the League and Eric McRuvio (Levon Thistle). Assembly report of February, The team have 1933, that the Longue should
commenced afford technical assistance
practice for the contest which China as one of the methods of all be played at St. Andrew'a
to
commenting on May 11. Co- The teams will be:
the policy of International operation fultiated at the Washing. ton Conference was raised in a BRITAIN further question to
Sir John Simon.
H. G. Bontloy Ho explained that international Erle Fiddinn cooperation in China was govern- S. McKinlay od by the terms of the Nine Power I. McLean Treaty which expressly Bafo-Hon. Michael Scott guarded the principle of equality C. J. H. Tolley of opportunity for all nations.. A. Torrance The Council of the League had Roger Wethered Ild down that the functions of J. Munn their agents in Chian were of E. McRuvio
technical and
entirely
other posta, has resigned the office whether any particular netion, murely
FRANCE PLEASED
AMERICA
F. Ouimot
J. Westland J. Flache 3. Maraton L. Little J. Goodman G. Dunlap
--Reuter.
It was inadvertently stated yester- day that exchange bonus dividend of the Chins Fire Insurance Co., Ltd for the year ended JInt. Docember, Paris, April 80.) Sir John Simon's statement In2 per share.
1938, in $7. This should have read
TELEVISION IN ENGLAND
P.M.G. To institute
Enquiry
London, Apr. 30. The Postmaster General intends to set up Com- mittee to report on the developments of television and the conditions on which any public television service could. be operated. British Wireless."
JAPAN'S
STABILISATION
FUND CREATED
U.S. TREASURY USES POWERS
DOLLAR WEAKNESS ALARMS
Washington, Apr. 80. The Treasury has formal- ly created a two thousand million dollar stabilisation fund.
"Power to do so has not until now heen exercised and the step is attributed to official anxioty con cerning the weakness of the Ameri can dollar in the world exchange markets, ...
The Treasury appears to have depoalted $200,000,000 with the Federal Reserve Banks for active use and to be holding, the remnin
AMATEURS ing $1,500,000,000 in reserve.
HOLD RANGERS
SCOTTISH LEAGUE SEASON ENDS
FINAL TABLE.
To accomplish this, the entire $2,000,000,000 Is carried as expon- diture into the Treasury statement Issued to-day, where the amount previously has been lumped with the additional devaluation profit jon gold"stocks, --
STATEMENT REVELATION.
Today's statement shows $1,800,- 000,000 in the stablisation fund.. entered as a. liability against the ntock of gold, while simultaneous-
the Gold Certificate Fund of the Federal Reserve Board. has jumped by 3101,000,000, which is interpreted
indicating
London, Apr. 30. The Scottish League sea-Treasury depoalt
11 from the
son was brought to an end Stabilisation Fund. this afternoon when the two $99,000,000
It is believed that the balance of was proviously de- outstanding matches were posited with the Federal Reserve
Board in the same way. played off.
NEW POLICY Cowdenbeath, reposing at the
AGREEMENT
་
OFFICIAL SILENCE.
foot of the table, finished off their
Treasury officials refuse to fixtures with a àmashing 6-0 discuss the transaction, saying. INctory over St Mirren, while the that the statement must speak for
champions, Glasgow Rangers, play. Itself. ing at Hampden Park, dropped a There is no Indiention as to point to the amateurs, Queen's whether the $200,000,000 given to Park, unch side netting once.
the Federal Reserve system hoa been used, or partly used.
TOKYO
IMPROVEMENT
OF RELATIONS
FINAL LEAGUE STANDINGS,
| Aberdeen
Goals.
F.. W. D. L. F. A. Pu. . 38 30 5 211842 68 38 20 4 7 6 62 38 18 11, 9 78 53 47
38 21 314 76 78 45
Rangers Motherwell Tokyo, May, 1. Celtic That Japan has dropped Queen 0'5th.. any claim to "peculiar" in-earts ...
38 18 8 12 90 57 44 38 17 10 11 86-59 44 terests in China seems to be Kilmarnock 38 17 12 73 G4 43 suggested by the latest in- 38 10 10 12 87 01 42 St. Johnstone 38 17 410 74 53 40 formation in Foreign Office Falkirk
38 10 G 16.74 08 38 circles.
Hamilton. 38 15 8 15 36 70 38 Dundee
38 16 17 08 It is understood that Mr. Ilrota Partick
38 14 6 19 (Foreign Minister), Mr. Shigemit- Clyde **** 38 10 11 18 (ex-Minister in China, now in Queen's Park 38 13
the Foreign Offee) and Mr. Ariyo St. Mirren... 38 # 20
Hibernians. 38 12 3 shi (Minister to China)have reach- Airdrie .38 10 ese policy towards China, ed complete agreement on Japan-Third Lanurk 38 8
It lays down, it is understood, that Japanese diplomacy shall! work for a slow steady Improve- ment in Sino-Japanese relations, rejecting any interference in those! relations by the League or by any third country.
The settlemont of various pend- Ing Sino-Japanese issues, it was agreed, should be achieved only by direct negotiations-Renter.
C. T. WANG'S FUTURE IN NANKING
Cowdenbeath 38 5 5 8 38 118 15
BIG
-Reuter,
PORTSMOUTH VICTORY
Aston Villa Also Among Winners
DOLLAR WEAKNESS,
New York, Later. While official circles in Washing- ton maintain the strictest silence regarding the creation and employ-
ment of the Stabilisation. Fund, unofficial quarters hero express the opinion that the transaction has beon prompted by the recent weak- ness of the American dollar and in anticipation of further declines from the gold parity with the frane.Renter.
LEAGUE'S SILK EXPERT
CHINA TO ACT ON RECOMMENDATIONS
(Special to "Telegraph”)
Nanking, May 1, Acting on the recommandations of Dr. Benito Marl, the allk expert. the National Economie Council has deelded to raise $1,000,000 for the establishment of a silk filature at In the First Division of the Hengchow as a first stop towards English League to-day, Porta- the improvement of the slik In- mouth defeated Middlesbrough at dustry and the encouragement of
London, April 80.
Fratton Park with the greatest of silk exporta,-Central NewR, casc. Giving a virile display con- trasting with their inability to get properly together in the Cup Final. Portmouth won by four goals to
Likely to Be Given Post one.
in GovernmentTM
(Special to "Telegraph"}
Nanking, April 30. Although the report that Dr. C. T. Wang has been offered tho Portfolio of Foreign Affairs has not been confirmed, it is consider- ed Ilkely that he will be appointed to an important post in the Con- tral Government.
Aston Villa were also winners, defenting Leeds United at Villa Park, by threo clear goals-Router.
GERMAN LOAN DISCUSSIONS
In order to devote his whole such as the provision of technical mon-political character-British energy to the Air Force and the or financial assistance promoted Wirnica. defence of Germany.
such a danger if that had indeed He is Aucceeded the Relch Minister by Dr. Frick, been the implication of the state.
London, Apr. 30. of the Interior, mont which they did ret beltove.
The discussions between the With General Gooring's resigna "Under articles 1 and 7 of the
German authorities and creditors tion, President Hindenburg has Nino-Power Treaty
regarding payment of foreign created a new Reich Ministry of right to all the attention of the
of other the House of Commons on the
nations in respect of medium and Science, Education and Training signatories to any action in China result of the British demarche h
Dr. C. T. Wang had an inter long term loans were continued in under Dr. Rust.
Inimical to her security.
Tokyo has been received with the Association will hold a
view The changes are described na à:
The Hongkong University Arts President of the Executivo Yuan, to-morrow, Sir John Simon, in with Mr. Wang Ching-vel, Berlin to-day and will be resumed Thio further step towards the centra nafeguards and Ills Majesty's diplomatie quarters, where it ison on Saturday, 6th Alay.
right provided Japan with greatest satisfaction in Fronch inuncis pitnic to Prof: R. R. M. Simp- this afternoon. He will shortly the Commons said that, pending
farewell sation conceived in the Nazi play Government therefore of Rolch reform-Router
The proceed to Nanchang to call on their outcome, he was unable to assumed Interpreted as meaning that the launch will leave Blake Pler for Clear Gon Chiang Kai-shek Central make any further statement on that the statement was not intend- incident is now closed-Router. Water Bay at 2.30.pam. sharp..
Nethe
the subject-British Wireless,"
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