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Hoppkony Telegraph

¿Morning Post, Ltd.,

Hinho Vinidad mita Strai, Hongkong.

The

FIRST EDITION

Library, Supreme Court

Hongkong Telegraph.

FOUNDED 1893

No. 18719

三拜禮號十三月十英港香 WEDNESDAY, OCTOBER 30, 1935.

日四月十

SINGLE COPY 10 OENTS

$15.00 PER ANNUM

Fit

DUNLOP

90

WORLDS BASTER

ITALIAN VICTORY IN

VICTORY IN GRAVE DOUBT

INVADERS' TASK

GROWS DAILY

GREAT DIFFICULTY LIES AHEAD

are

BRITISH EXPERTS VIEW ETHIOPIA OPERATIONS.

(SPECIAL TO "TELEGRAPH")

(By Telegraph. Copyright, Telegraphic Messages` Ordinance, 1904. Received Oct. 30, 9 m.)

London, Oct. 29, With the Italians poised in the north and south, ready to drive towards the centre of Ethiopia, British military experts to-day gravely doubted their chances of ultimate victory.

They said that the three columns, totalling 180,000 men, under General de Bono in the north, faced a terrain and climate, to say nothing of battles, which would test their strength and strategy to the utmost.

Experts agree that Makale can easily be captured; but beyond it lie difficulties.

The left wing of the army, based at Adigrat, con- sists of irregulars, deserters and two brigades of Eritreans, besides a lone battalion of Blackshirts. It is. nearest Makale. However, the terrain is very rugged, peaks and canyons looming ahead.

The centre and right rotumos į

equipped with tanks and artillery, and must encounter 9,000-feet mountain ranges, wherei there are only miserable traila, i totally exposed to snipera aud! guerilla fighters. Road-buildera, therefore, are one-of the-most-im--

DEFENCE AGAINST

portant units of the Italian hy SANCTIONS

the British officers maintalu.- Huited Persa.

SOUTHERN ADVANCE

Rome, Oct. 20. Tanks, supported by hombing i plates, yesterday went into action

10

on the southern front, according i

A communique from the southern army headquarters,

the tanks

message saya

This attacked the Ethiopian positions

in front of Shillave, on the right

wing.

The Italian army is advancing

STRICT ECONOMY

DECREED

RATIONING ITALY

(Special to "Telegraph")

Closing the "gates" of, Malta," Picture shown a ship at work laying # defence boom, geruss Lazaretto Harbour.

PEACE EFFORT FAILS

ABORTIVE TALKS

IN PARIS

EARLY HOPES DASHED

Paris, Oct. 29. What purports to be an inspired |

CHINA TO LINK WITH

WORLD TO SEE GREAT

STERLING? NAVAL RACE

WASHINGTON VIEW | AMERICAN EXPERT'S

GAINS GROUND

ATTEMPTING TO STABILISE

(Special to "Telegraph")

fly Telegraph. Copyright, Telegraphie Mes

Ordinumer, 1993 Ruceived.

October

article upon the progress of ternational place negotiations, 19, Perá dand appears in the Paris Soir to-day.

Washington, Oct. 29. It states that British and French representatives met on Sunday Speculation over the possible and agreed to a series of sugges-linking of the Chinese yuan with tions which will first be submitted sterling prevails in Washington to the British Government and silver circles, on the basis of re- tlien transmitted to Rome,

ports that the view widely prevails These suggestions allegedly con- among official quarters and private "tain proposals for the effectivo circles that the Chiun dollar will control of several Ethiopian proeventually be stabilised at a rate of vinces by Italy, but do not include two and a half units to one Chinese Harrar, Aksum or the Western gold customs unit. provinces, as the Emperor would certainly oppose any concessions in that direction, it is felt.

ABORTIVE EFFORT

Experts estimated thut the valuation of the yunn would thus be about 26, cent in American gold.

Definite information is lacking Rénter learned later, how; ver, that the conversations in Pariss to China's plans but it is he hetween. British and French ex-lieved that stabilisation of the perts did not result in any agree-dollar might be achieved through. ment to submit suggested formulae maintenance of a silver fund in either to Italy of the League of London, linked

sterling Nations. There is complete arrec. | quotations.

with

|

PREDICTION

CHALLENGE TO JAPAN

(Special to "Telegraph")

Washington, Oct. 29. Admiral Sterilng, writing lu the Navy League magazine, "fore- casts that the Western Navál Powers will attempt to regain their influence in the Orient when Ecrope is stabilisad. He predicts that all the Poors will engage.in. intense battleship construction on account of Germany's naval re- armament.

Germany, says Admiral' Ster- ling, in likely to build a minimum of five battleships and two air; craft-carriers, thus rendering Britain's vessels obsolete. France and Italy will attempt equality, whereupon Japan and the United States will start replacements.

LLOYD GEORGE

ATTACKS

SANCTIONS ACTION CAME TO LATE

OPPOSITION GAINING

STRENGTH

London, Oct. 29

The seventy-two-year-old statesman, Mr. David Lloyd George, waging war upon the National Govern- ment, was in fine fighting fettle when, wearing a sprig of white heather in his button-hole, he addressed the Council of Action for Peace and Reconstruction to-day,

On behalf of their programme as expressed in the title they had given themselves, he sought the support of the electorate, he said,

The Council had received, he said, a favourable answer to its questionnaire from a great many Liberal, Labour and even National parties candidates, and their names would be published in a few days. The Council would do its best to secure their return irrespective of party.

VISCOUNT SNOWDEN IN FIGHT

CHARGES AGAINST

GOVERNMENT

DONS LIBERAL COLOURS

London, Ort. 29.

Mr. Lloyd George, attacked the Government for holding election in the present emergency and Inveighed against Interna- tional inaction. They had waited until Signor Mussolini had com- pleted his warlike and economie preparations before even discuss- ing sanctions.

Sanctions, he added, were not going to prevent Italy sending troops or war materials to Africa. "Sanctions--were-too-into-and- they will be ineffectual. They will not stop the advance of Mussolini's army by one hour nor save one. Ethiopian life," he declared.

BITING CRITICISM

London. Oct. 29. Mr. Llyod George, in the course- of an election speech, necused the

Intense disappointment with the Government of making sanctions a National Government was express-free. He declared, "We are sup- ed by Viscount Snowden, former plying Italy with oil through the Labour Chancellor of the Ex Anglo-Persian Oil Company, in will attempt to build up a Navy address in the new guise of a

Admiral Sterling, says Japan chequer, when he gave a broadcast which the British Government are shareholders, The Company says equal to any combination of Sea Liberal:

If we do not sell to Italy, the Powers apt to oppose her. "She

United States will.'

"The League has failed because

tip the Webbie Shibeli River basin apes Ordinance, 1991. Bereived October ment between Britain and France. At present experts believe that frce hand in China, partially Government of wanton breach of it has not been given a fair chance.

in conditions most unfavourable i to battle, owing to the rain and poor visibility. But it is claimed that the action thus far has been successful.

The Ethiopians are reportedly continuing their retreat on the Ogaden front generally, with the apparent Intention of making a stand in the hills.-Renter.

Seeking Pact With South

NANKING SENDING

DELEGATES

Nanking, Oct. 30. The President of the Examina- tion Yuna, Mr. Tai Chi-tao, and the Mayor of Nanking, Mr. Ma Chao-chun, nire expected to fly to Canton in the next few days, in an attempt to reach an understanding with the South-West lenders con- terning the National Kuomintang Congress, which is being held on November 12.

[ilu Telegraph, Copyright. Telcomphis Mes

36, 8.10 mm

Geneva, Oct. 29.

Officially, it was announced to- day thirty-four nations are ready to apply a complete boycott against Italy. Thirty-eight have applied an arms embargo and twenty-nine have applied a financial boycott. United Prem.

price

in

that the present proposals are of the steadiness of world silver no practical value..

recent weeks would Pence soundings by Italian minimize, at least temporarily, any France may continue, but there is purchases upon the Chinese ex- courtes and conversations with injurious effect of United States

France taking steps without the no question of either Britain, or change market--United Press. Loague Council's sanction or like- lihood of three-Powar conversa- tions-Reider.

to-day, but the outcome of their talks was not disclosed. An official spokesman said that diplomatic contacts would continue, but no peace proposals were yet under consideration.

EXCHANGE WEAK

Shunghal, October 30.

The exchange market here this morning opened very weak on rum. ours that the Gold Unit will be valsed to $2.50, which would cor respond with a Gold Bar price of about $1,280.00.

Sterling opened at 1/8-11/16 for 1/3-7/16, while the United States. for cash and soon declined to

dollar was quoted at $32-/18 for cash at the opening and, within a 531-5/8. few minutes, there were sellars at

|

doubtless realises that she has a Lord Snowden accused the owing to the disrupted state of its election pledges, firstly, in The present sanctions will not hin- supposedly greatly efficient Navy." polley instead of a Europe and her fairly large and adopting 3 wholehearted Torg der Mussolini's advance one hour. non-part nor save the life of a single Ethio- policy; and, secondly, in foisting plan. We waited until the weather "After Europe is stabilised." on the country the full Protection was suitable for the Italians to says the Admiral,

"it is likelyist system. He claimed, mare march and until they massed G0,000... that the Great Powers with vital over, that it was he, and not Mr. troops in Libya, menacing Egypt. interests in the Orient may not be Neville Chamberlain, who

waa Meanwhile, we placed an embargo so willing to refrain from having responsible for the

voice in Far Eastern affairs."-operation and the balancing of we have sanctions permitting food, conversion, on arms vital to Ethiopia, and then United Press.

the Budget.

cotton and oil to pass freely into Italy."-United Press.

H.K. DOLLAR DECLINES

LOCAL MARKET IS ́DEMORALISED

further drop

There was a

The Government's domestic record, sald Lord Snowden, was one of almost unrelieved failure and cruel complacency about the millions of unemployed, and it was

now exploiting the International situation

exploited national situation in 1931,

asit

TOOL OF FRANCE

the

LABOUR CONFIDENCE The Labour Opposition is dis- playing increasing confidence In officials anticipate the capture of its election prospects and leading at least 150 National party seats, snys Lord Snowden. Mr. Lloyd George.. even, could not Agure higher,

SWITZERLAND ELECTIONS

ROME'S DEFENCE

Rome. Oct. 29. A decree issued to-day provides ITALY DISAPPOINTED for food rationing and price control for the purpose of withstanding the

Rome, Oct. 29. Longue of Nations" sanctiona, But-

Signor Mussolini and Sir Erie cher shops will be closed on Tues- Drummond, the British Ambas days and restaurants will be limited sador, conferred for over an hour to one meat dish per meal,

Meanwhile, officials fail to see any reason for foreign confidence in the allegedly important diplo- matic conversations and believe there can be no developments until after the British elections.-United

Italian disappointment at the

However, it should be noted that Press.

fruitlessness of peace talks was re-

Continuing, Lord Snowden de even with 150 gains the Op ofclared that Sir John Simon's mis position will 'atlil bo much in the LIMITING IMPORTS

flected in one of Signor Gayda's Trading on the Gold Bars Ex-3/8ths in the Hongkong dollar this handling of the Disarmament Con-minority-Reuter: Rome, Oct. 20.

articles to-night, in which he change commenced at $1,157.60, a morning, the official rate on open-ference, as the tool of Franco, The Government has decided to

railed against France for her fal-rise of $18.50 from yesterday'sing being 19, 11d. Business was drove Germany from the League limit the importation of meat from

tra to gain more support for Italy. closing-Reuter. abroad, beginning November 5.

done at Is. 10.7/8d. and 18. 104d.. of Nations. The present hoctho Ile says that Britain and France Butchora will close their doors on

there being sellers at the latter conversations which "derived such great benefits

meant that the rate. Tuesday and will not sell beef, from Italy's sacrifices during the

Power were trying to find out pork or poultry on Wednesday.

Great War lind re-established their

The market locally is more or what price Signor Mussolini would Restaurants, trains, steamers Versailles co-operation to prevent The first break in the long y nominal, and its tone is very venture.

|leya demoralised, with rates most-take to desist from his Inwless ad- and hotels will not be allowed more Italy's necessary colonial expan-period of easy money came to-day; uncertain, mainly on account of than one meat dish per meal.

slon."

when the Manufacturers Trust Shanghai weakness. A further decree reduces note that Italy must subordinate her

Mr. Baldwin's statement about Gayda concluded with a warning Company raised the call money

the inefficiency and obsoleaconce'; gazines to the smallest consumption her own needs and interests. rate is still a quarter per cent. paper, envelopes, papera and ma-

rate to three-quarters of one per In Landon, silver was unchanged of the Navy was inaccurate. friendship for another country to cent. However, the official call for spot yesterday, but down "The present expenditure on the possible, while Government offices

1.8th forward. India and Ching fighting forces costs 2s. 6d. in In-party, known as have been ordered to show strictest

Reuter. It is semi-officially stated that economy in all kinds of stationery.

It is expected that a higher call Bold, while America bought spot, come Tax; what it will cost when Group, has won seven seats. It with a view to consolidating in- Backing up the now food regula

money rate will be announced to the market closing steady

the Government has filled in nadvocates a reduction in food costs tarnal solidarity,-they-will-fmparitions, the President of the National

-morrow by other members of the

Shanghai, Oct. 30.

blank cheque, I dare not think," by equipping torries to tour the to the C.E.C. members sojourning Sporting Federation has removed It is understood that proposals forcing an increase in the official foreign exchange markot

New York Clearing House, thus Rates

said Lord Snowdon. are nominal

country as "ahops on wheels.” on the in the South-West the views of the the restrictions upon game shoot- which emerged during the recent rate. However, there is

The Socialists are again the Central Government, and also ob ing on reserve land with the object Franco-Italian diplomatic

Concluding, Lord Snowden gald largest party, with 50 seats, but some morning. The tendency of the he was firmly convinced that to the Government "bourgeola bloc," tain the formers vlowa for eon af providing "a notable contribuchanges, and which might have permanence in view of current dollars were quoted at 31%, stor- controllable majority would be Peasants and Liberals, together ex scepticism In respect of its market is decidedly waak. U.S. give the Government another un-consisting of Radicals, Catholics, sideration of the Congregation" to the nation's food supply. provided a basis for conciliation. monoy market conditions,-Reuter lig at 1/8., and gold bars at national misfortune and an In: necured 117 out of the total of 187, Router.

Renter Special.

(Continued on Page 7.).

$1,157.50.-United Press.

ternational calamity-Router. seats. Reuters

The two leaders are understood to have agreed to undertake the mission, and the date of their de parture will be decided after the meeting of the Central Executive Committee on Thursday.

FRUITLESS EFFORTS

London, Oct. 29.

Special.

EASIER MONEY

New York, Oct. 29.

this

"BOURGEOIS BLOC”

IN CONTROL

Berne, Oct. 29..

In the Swiss elections, a now the Duttwcoler.

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