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The
FINAL EDITION
Supreme Court
Hongkong Telegraph.
26 Nathan Road, Kowloon. Telephone 59101.
·FOUNDED 1801 No. 11600
四拜禮 號九十月儿英港香 THURSDAY,
1935, SEPTEMBER 19,
日三廿月八
ARTISTIC
SCARVES
Just arrived a wonder- ful selection Crepe-de- Chine. Art Silk
and
Cosy Sports Scarves Broken Check and Moderni Designs
In attractive shades.
Prices from $1,95.
WHITEAWAY-
SINGLE COFY 10 CENTS LAIDLAW & Co., Ltd.
$20.00 PER ANNUM
ITALY TO BAR DOOR AGAINST COMPROMISE
FEAR SOLUTION IMPOSSIBLE
TRIFLING INCIDENT MAY BRING WAR
BUT NO DECLARATION
EXPECTED
Rome, Sept. 19.
The vital decisions which the Cabinet was expected to make yesterday have been postponed until Saturday, owing to the report of the Committee of Five not yet having been received,
Opinion here is unanimous in considering it! impossible that any solution can come from the Com-1 mittee. It is expected that the Cabinet on Saturday will not only reject the proposals, but will bolt and bar the door against any compromise proposals emanating from Geneva.
No decision is expected to be announced on Satur- day on the questions of Italy's continuance in the League or the date of the outbreak of hostilities.
It is believed that Italy will not walk out of the League unless her position is rendered intolerable. This would be the case if sanctions were voted; also if a resolution of condemnation were passed as in the case of German re-armament.
It is not expected that hostilities tion of war, that they will be precipitated by some small incident which will serve a fuse to blow-
the powder barrel.--Reuter.
will be started by a formal declare SUBMARINES
"
AFFRONT TO ROME
London, Sept. 18.
LURK
NEAR
The aircraft carrier, H.M.S. Courageous, one of sixty British warships anchored off Alexandria in
cunn ection with the Italo-Ethiopian dis pute.
Aloisi Not
Expected to See IL Duce
BUT PROPOSALS PUT TO ROME
LAVAL GOES TO PARIS
Rome, Sept. 18.
TRADE WAR IN FAR EAST
RIVALS AT GRIPS IN PHILIPPINES
JAPANESE ADVANTAGE
(Special: to "Telegraph”)-
Washington, Sept. 18.
Well-informed circles here deny A drama in wnlch American
Markets Moved by War Fear
COTTON SOARS ON BUYING WAVE
FOR SILVER PROSPECTS
New York, Sept. 18..
TERRIBLE NAVAL
WAR NEARS
MEDITERRANEAN AS BATTLEGROUND
NATIONS HASTENING
1894.
PREPARATIONS
(SPECIAL TO "TELEGRAPH”)
(By Telegraph. Copyright, Telegraphéo Messages Ordinance,
Received, Sept. 10, 11.30 am.)
London, Sept. 18.
The Mediterranean may be the scene of the most terrible naval warfare in the history of the world.
All sorts of craft, from small minelayers to floating fortresses like H.M.S. Hood, are en reute from China, the Atlantic, England and elsewhere, towards the ancient ocean theatre of warfare, the scene of epic naval battles since the siege of Troy,
The Italian troops are massed on either side of this long stretch of water, in Africa, in the Aegean islands and in Italy and Cicily.
The African and European coasts are bristling with armaments, and powerful air forces and artillery are taking strategic positions.
Because the Mediterranean is so narrow, and is bounded by three
lands
that Baron Aleksi, the Italian Goy-dolfors, Japanese merchants and to 24 points on heavy Liverpool, COMPETING omething of the struggle which
crnment's spokesman at Geneva, is Chinese workers will play pro-
returning to Rome to consult with minent parts, will commence in Prime Minister, the compromise inauguration of the
Signor Benito Mussolini, the the Philippines soon after the proposals of the Committee of wealth. Five. Moreover, the proposals
On the New York Cotton Ex- change to-day prices advanced 18) Continental, Japanese and Indian buying, which is attributed to the mounting fear of war.
Liverpool cotton futures rose 16-points:
ALEXANDRIA have not yet arrived in Rome, and ambitious, progressive and poli- Bombay holders "ars afraid that
opinion is pessimistic with regard to the prospect of a settlement of the Italo-Ethiopian repillet by this
The League, of. Nation's plans aco, not only unacceptable" but:
derisory, doclared Signor ITALY KEEPS WATCH means.-Reuter.
aro
Mussolini in an interview with Mr. Ward Price, special correr- pondent of the Daily Mail, to-day. 1 Duce had not received the report of the League Committee's findings and proposals, but he said that if the newspaper fore- casts were correct the proposals seem to be ironical,
The suggestion is apparently made, he said, that Italy's need
ON BRITISH NAVY
SUEZ CANAL · PROTECTED
(Special to Telegraph") Tergraph, Copyright, Telegraphlo Mia for expansion in East Africangre Ordinonos 1814. Received, September should be met by the cession too. x 0.95)
her of a couple of deserts-one
of stone and the other of sand.
CESSION OF DESERTS
London, Sept. 18. The Daily Mail publishes an interview by Mr. G. Ward Price
Suez Canal.
Gibraltar, Sept. 18.
BRITISH EXERCISES
Algecirne, Sept. 18.
same sea.
Common-
One 'cotton broker declared that Fourteen million Filipinos, tically adroit, have as neighbours in the event of an Italo-Ethiopian two of the most populous nations war shipping difficulties would in the world-Japan, whose 64,- cause a hold-up in Indian cotton, 000,000 people have a density of therefore, they are selling Indian 433 per square mile, and China, and buying United States cotton LAVAL'S DIPLOMACY
where 414 are crowded into the to cover."
It is understood that Bombay Geneva, Sept.. 18.
The Filipinos have a M. Pierre Laval, the French density of barely 111, but are buying was mainly the covering Prime Minister, will probably developing immense resources, in-of forward commitments fearing leave for Paris to-morrow to eluding gold, copper, iron and the Suez Canal may be closed- tend what is believed here to be chrone, while the economie United Press. an important Council of the potentialities of rubber, coffee, French Ministers, scheduled for fibres, vegetables and oils, are Saturday,
There are strong reasons to believe that Baron Aloisi, the Italian delegate to Geneva, has acceded to M. Laval's request to
the
* TIRDILARIN QARAKA MINNITASISEURANA CARACASKOSTOVELTIE
SIR T. SOUTHORN'S CONDITION
The Director of Sanitary and Medical Services, and Government Consultanta - re- port that
Thomas Sir Southern has had a much bet- ter night and is making satisfactory progress.
assured.
INTERNAL LOAN
FOR AIR
may be wagod. by Rome against dictation from the League of Nations. This struggle may in- volve weapons never befor com-
SUPREMACYbined, Including mighty--bombing
RIVALRY ON TWO OCEANS
BRITAIN'S ADVANTAGE
(Special to "Telegraph").
Washington, Sept. 18. Rome, Sept. 18.
Mr. Harlee Branch, Assistant The Cabinet has decided to flont Postmaster-General, in an inter- an internal five per cent, loan to view to-day, predicted that within meet expenditures in East Africa a few years American, British, The amount of the loan is not French and possibly German com- Axed, nor is the date of opening; panies would be competing in Both these may be announced trans-Atlantic passenger and air later, but so far all sources deny mail traffic. all knowledge.-United Press.
SILVER REVIEW
to
operating in conjunction with infantry foreca, cavalry, artil- lery, warships and submarines.
Turkey, Greece and Egypt may be involved. They are streng- thening their defences.
The United Press correspondent, Mr. H. R. Ekins, is nt present pussing through the Suez Canal on hle way to Addis Ababa. He reports seeing twelve submarines in transit through that waterway. -United Press, ・・・
BRITAIN'S DEBT
DECREASE NOTED SINCE 1934
An official National
of
With Britain massing her naval make suggestions in an effort to
Mussolini. induce Signor "It looks as if the League Com- mittee thinks I am a collector of strength In the Mediterranean, it is
reported that Italian submarines Fascist chieftain, to accept the dosorts," said I) Duco-Reuter.
The British, he admitted, had have been seen
London, Sept. 18. off Alexandria, Proposals of the Committee of
Five.
an advantage, due to their owner- where sixty of Great Britain's Meanwhile, Senor de Madariaga,
statement, of the the fact Bermuda and ship of warships, including the two huge
c) irman of the
London, Sept. 18.
Debt, issued to-day, that they have a working agree- Committee of rive, has visited aircraft carriers Courageous and the Spanish
Messrs. Samuel Montagu and meat with Portugal for the es-shows that the total "dead-weight” Eagle, are anchored astride the Baron Aloisi and M. Hawariate,
Company, in their silver review tablishment of air bancs at the debt on March 31, 1935, amounted to £781,436,868, a decrease on the with Signor Mussolini, who ns-
the Ethiopian delegate to Geneva. serted that the Committee of
atate:--
The United States, however, previous 12 months of £2,186,113. The Navy is prepared to close He informed Reuter that he had
for the past week, inter alia, Azores,
Five's proposals were "not only the canal at a moment's notice.
is added other Capital, "The Indian Bazaars, China and had an advantage in the Pacific, To this requested them to expedite their great, if permanent markets are
rospect of BUTTER unacceptable but derisory.”
general speculators have both where Hawaii, Midway and Wake Habilites in A million tons of naval shipping|roplies as much as possible, but, The official offer had not reach-
various acts, amounting As the Philippines prepare for bought and sold, but, on the islands, Guam and the Philippines under nd him, but "if the press version is hurrying hither and thither init is understood that Baron Aloisi
autonomy the fundamental pro- whole, buying orders from these provided her with a chain of com- to £101,990,030, compared with |£208,064,507 at the previous year, munications, was correct, the proposals seemed the Mediterranean under different stated the Italians would require ironical... It was apparently sug-ings, and Gibraltar is preparing at least three days to consider the blem is the development. of the quarters have predominated.
Lenguo's, compromise offer, owing country to adequately support a The revival of speculative in- The next stop in the Paelfie making the total aggregate flabi to the meeting of gested that Italy's need for expan- for emergencies.--United Press.
the italian future republe, while averting the forest in doubtless due the would be the establishment of a lity of the State £7,992,432,837, slon in Africa should be met by
Council of Ministers on Saturday possibility of foreign aggression. general disposition to purchase Hawail-New Zealand service, ho against £8,030,362,667 at the end The Committee of Five meets Some Filipinos favour the creation commodities and owing to the believed. The line was already The deadweight debt is com
of March, 1934. the cession of a couple of deserts One of salt and the other of
were con- this morning to hear the result Five cruisera 'and twelve of Senor de Madariaga's visits to Cconomic ties with the United inclination habitually attendant surveyed, and bases
and other posed, first, of nominal funded Atone."
It was apparently suggested destroyers have been participating the Italian and Ethiopian dole- States, so that America will have on rumours or fears of War. The templated at Jarvis
a moral development in the International islands, in which Britain and the debt totalling £3,388,140,004,· a that 200,000 Italian troops should in manoeuvres off Gibraltar.
gates; after which there will pro a practical na well as bo brought home and told that they It is understood that mines are bably be a lull before the official concern in the Islandia' security. situation is acting directly as the United States had joint claims. decrease during the year
oxchange fluctuations, were sent to Africa for an excur- ready at hand to close the port of statement of the position is sent there are plenty of opportunities foregoing and indirectly through Such bases were satisfactory, lo £6,190,257; secondly, of estimated
which said. sion. That certainly won't beGibraltar when the floot, including to the Governments concerned.
8ccm likely to continue to in- It is believed the trans-Pacifle LARGE INTEREST · submarines and destroyers leave There are strong movements done in any case."-United Press,
fluence the course of prices but to service will start in November. that base.
afoot, particularly among
American investments in the bring about any really wide move- United Press, The garrison there is also hold- small powers, urging that the ing manoeuvres and has prepared League Assembly should not ad-Islands are at the mement worth mont in silver it will be necessary subterranean galleries, it is be-journ until a definite clarification about $260,000,000, but a Philip that some other factor develop, of pines alliance with the dollar which there la at present still no lieved, for the accomodation of the of the situation has occurred.
over indleatfon."-Reutor. population in the event of attack.' Nervousness prevails in Gonova. might raise that figure to
There has to be deducted bonds Twenty military reserve noro- French circles here feel that even $1,000,000,000.
et cetera, tendered for death du planes are expected to land at economic sanctions against Italy
ties, amounting to £121,687,220, Gibraltar Friday. Forty warships may lead to far-reaching com-
leaving a total of £7,800,435,807, have thus far-arrived from plications in Europa.-Reuter.
The National Debt, which rose WEEK NEEDED England and more are expected.
Tokyo, Supt. 19.rapidly during the war. years, Special.
Gonova, Sept. 18.
s.. Mabel Mollor, 2,625 was only £649,770,091 on March It is now stated that the Italian In 1933, some 72,000 Chinese Italian connections have purchased
reply to Senor de Madariaga's merchants did 290,118,000 pesos business, the position will favour tone, has gone aground at Cape 31, 1914.-British Wireless, Washington, Sept. 18,
56,000 Japanese products, as has already Shirotoko, Hokkaido. concerning the worth of trade and aido memoire
Tho atenmor sent out S.0.8. 260,000 barrels of crude oil at ap proximately $1 per barrel, F.0.8. The Secretary of the Navy, Mr. League Committee's proposal for Filipinos did another 180,880,000 baen seen in the textile business.
Italo-ponos worth. But 75,020 Japanese China, also, has an active signals at 11.40 p.m. yesterday, ht Houston, Texas, to be shipped Claude Swanson, states that in the a compromiso in the over the balance of the year. ovent of war between Italy and Ethiopian crisis, may not be forth-did 142,198 000 posos of business. Interest in the expansion of her and mangro messages received *Further Inquiries reported from Ethiopia, the American naval coming before next week.
This year it is estimated that these Philippines commerce, but her this morning...show that she is the same source alx or seven addi-authorities would be prepared to The Ethiopian delegate hera threo nationalities are runnlag main interest would be, to find an waterlogged and In a dangerous for, emigrants-United | situation. The crew are being
oft-Reutor," tional cargoes arranged.fentor move warships from the Pacific to states that it may be a week be- neck and neck. Ouce the Japin-outlet-
(Continued on Page 12.)
(Continued on Page 12.) Special.
es are established in the retail Press.
ITALY BUYING CRUDE OIL
BIG PURCHASES IN AMERICA
(Special to "Talograph")
Now York, Sept. 18.
It is understood that buyers with
U. 5. PRECAUTIONS,
for American investment,
the
SHANGHAI OUTLOOK The Japanese merchants' acute
Shanghai, Sept. 18. The publication, Finance & Com Interest arises from their recent atrenuous attempts to capture tho Filipinos retail trade at the ex-merce in its weekly report for the,
Chinese
(Continued on Pago 12.) and of the penno Filipinoa.
DISTRESS CALLS
BRITISH VESSEL GOES AGROUND
The
Habilities in respect of terminable annuities, £12,077,795, an increase of £10,649; thirdly, of floating debt, | £833,380,000, a decrease of £11,830,- 000; fourthly, of other unfunded debt. £2,671,974,510, a decreaso of £5,560,708;, and lastly, of ex- ternal debt, $1,036,545,184, which remains unchanged.
MILITARY ADVISER
Washington, Sept. 18- President Roosevelt has named General McArthur military adviser to the Philipines Commonwealth: |—United Press,