Wednesday,
HONGKONG TELEGRAPH
July 19, 1939.
OVERNIGHT TOKYO CONFERENCE YEN AND
NEWS PAGE
Hitler's Compliment
Herr
Berilu, July 18.
Miller pild Signor Mussolini a delicate compliment by ordering the one and only Adolf Hilerplats in Berlin to bo re-named Mummolini-platz.
The Fuchrer has also ordered the construction of a new rali- way station to be named after Il Duce. The station, which will be near the spot where Hiller welcomed Mussolini in 1937, will be used for arrivals and de- partaron of Blate. Reuter Special.
OIL WELL ABLAZE
American Exports To Help Quell Flames.
New York, July 18. Three specialists from Texas are flying to Europe by the Atlantic
Talks
on Tientsin Resume To-day
Tokyo observers, understand that Japan will insist on her original proposals, for the basic principles forming the back- ground of the Tientsin issue, at the next meeting between the Japanese Foreign Minister, Mr. Arito, and Bir Robert L. Craigle, - British Ambassador, which is expected to take place to-day,
The British Government's new instructions to Sir Robert reached Tokyo yesterday morning.
Alluding in the House of Commons to press statements that the Japanese Government would require a fundamental reversal of Far Eastern policy as a condition for opening the Tokyo Conference, Mr. Chamberlain, Prime Minister, said that His. Majesty's Government had received no such demand from Japan. Great Britain has revealed the intention of informing the. United States of America and keeping in close consultation with Washington regarding the Tokyo negotiations,
DOLLAR
will DECLINE
Bokuyo Maru Sinks
San Francisco, July 18, The American tanker 'Asso- ciated Tide Water reported by -wireless this* morning" that 'sho lind maved 108 men of the crew of the Japanese freighter Bokaro Maru 1,125 miles cast of Yokohama at the spot where the ship sank--Trans-Ocean,
Only Two Missing Reuter reports from Tokyo that all but two have been saved. All aboard, including eight passengers, were Japanese antl Indians.
Tokyo, July 19. Soviet Foregn Minister has acquired Qualified observers understand that a special significance in the light of Japan will insist on her original the broad divergencies between [ proposala for the baslo principles Britain and Japan Although the forming the background of the negotiators are avoiding Far Eastern Tientsin issue at the next meeting questions, diplomats in London have between the Foreign Minister, Mr. expressed the belief that the con- Arita and Sir Robert Craigle which clusion of the Anglo-Soviet-French Kulangsu is expected to take place to-morrow.alliance would substantially streng- They point out that the Japanese then Britain's position in East Asia. Government hope that Briinin, as If the triple alliance is concluded the prerequisites for a satisfactory and Japan responds by publicly join- Clipper en route to Dammam, Arabia, settlement the Tientsin issue, willing the Italo-German to extinguish with dynamite an oll frankly recognise, firstly, that alliance, it has been stated that this military well fire which has been burning for virtuni alate of war exists in Ching, might open the way for an agree- nine days. They will transfer at and, secondly, that political, economic ment with Russia in the Far East. Marschiles to an Imperial Airways and other plans for rehabilitation On the eve of to-day's meeting in plane and By across the Mediter-are actually proceeding in the area Moscow, however, important dis- Tuncan to Iraq. Basra and Babrein.where Japanese military forces are crepancies still separated the French Their plan is to inject enough gela responsible for the maintenance of and British from the Soviets-United Inous dynamite into the weli and peace and order.
Preas. blow out the fire,
Plans Not Formulated Recently three planes also left
·Croydon for Bahrein carrying as- bestes suits and screens of n type used in the Royal Air Force,
Dificulty has been experienced in getting near the fire owing to the intense heat.-Reuter Bulletin,
Danzig Following Reich
on
Danzig. July 18. The official attitude of the authori- ties here was clearly defined Tuesday when it was pointed out that for your post the National Socialist polley in Danzig has been in com- plate accord with that in the Reich and that now, as heretofore, the fate of Danzig is in the hands of Adolf Hitter.
It is said to be utterly false that Danzig is prepared to negotiate in- dependently.
The British Government's instruc- tions to Sir Robert Craigie reached the British Embassy at 8.30 o'clock this morning it was revealed from authoritative sources-Domei.
Japan Agitation
Tokyo; July 10.
JAPANESE DEMANDS REJECTED
Shanghai, July 18. Another severe shock was adminis tered to the financial structure in Shanghat to-day as the Chinese dol lar crashed in the open market from d to 5d in terms of sterling, due to the sudden withdrawal, believed; to be temporarily, of the Anglo-Chi- Aeso Stabilization Fund's support.
While the step was not entirely unexpected and financial quarters as a consequence were not so demerolis- ed us might have been expected, the general public both foreign and na- ve-alike was caught unaware and la seriously perturbed by the prospect of a further sharp increase in the cost of living..
It is recalled that the dollar's ex- change value has declined, approxi- mately 33 per cent. in, the past six wecks.
The local currency's latest down- ward gyration started at D a.. sharp when it was learned that the banks operating off behalf of the Stabilisa- tion Fund had stopped selling sterl~ Ing.
The Exchange market after the initial shock, soon recovered its com- posure and within half an hour cash sterling was offered at 3d, compar- ed with 5d, yesterday.
-20
The rates continued to grow lower, with some business done as low as Sd. after which a slightly stendler tene prevailed, and at the close of the afternoon caali rates were 5d stori- ing and 10 cents (U.S. dollars), compared with Brad and 12.25/32 cents respectively yesterday,
The Market's tone was uncertain. A remarkable phenomenon companying the dollar's break' was the correspondingly sharp decline in Amoy, July 18.
the local value of the Japanese yen, Refusing the Intest Japanese de- monds for the appointment of
which this evening is still quoted at London, July 18.
Japanese Police Inspector, an official the exchange market resulted In par with the dollar. The upset in It is evident from Mr. Neville statement on behalf of the Kulangst active conditions in other local mar Chamberlain's declaration that the Municipal Council refers to the cor-kets, as holders of cash funds rushed Unofficial: Japanese demands will be stitutional problems arising out of totally unacceptable and that Sir these demands and the nature of to purchase securities and commodi- Robert Cralgle's report attaches some their presentation.
ties. importance to these unofficiat de-
The Stock Exchange enjoyed ar The nationwide anti-British feel-mands, says the Birmingham Post.
After mentioning earlier demands unusually lively turnover at advanc- Ing continues to mount, according to The Manchester Guardian says the ed, and giving a resume of the events pared due to profit taking, and simi- by the Japanese, which were grant-Ing prices, although gains were later the Japan Times.
fundamental antagonism between the following the occupation of Amoy, iar conditions were witnessed in the British and Japanese viewpoints re- the statement concludes by declaring gold bar and yarn markets. mains, whatever may be used by the spokesmen on against the Settlement, ao foreign to circumlocutions that the food and supply blockade either side. The Tientsin could be settled to-morrow if Japan parties to an international agreement affairs the spirit of negotiation betweon was prepared for a settlement, ends does not inspire confidenco the newspaper's comment.
in or friendliness towards the Japanese authorities. The statement says:
The Council has cognisance of the extraordinary posi- ton claimed by the Japanese as com- Kulangsu and, in view of the present pared with other foreign residents in relations between China and Japan, la willing to co-operate whole-heartedly with the Japanese authorities to pro- vent Kulangsu and to preserve peace and anti-Japanese activities in
accupied Amoy, the Council has done order in the Settlement.
Since May, 1938, when the Japanese
Posters in the streets of Tokyo which originally were inscribed with such words as "Dispense with Per- munent Wave" or "Dispense with
Unhealthy Amusement of
Nature" have been replaced with those for "Attack Britain. Leading Obstruction, of Japan by Giving Assistance to the Chiang Kai-shek Regime" or "Lay Bare the Cunning British Diplomacy." the Jupan Times reports.
Around the British Embassy are numerous placards and posters of
written
with anti-
mass
various kinds British words.
The number of posters in Tokyo Is estimated at over 10,000. Anti- British
meetings and
de- monstrations are parted. A mass meeting is scheduled dontinuously re- nt Keljo, capital of Korea, for July 22, while the Municipal Assembly of the city of Yamaguchi in Western Japan telegraphed resolutions to
Ambassador.
that
Though small hopes of the con- ference succeeding are held in in- formed drcles, they belleve neither side has formulated any idea of how to proceed if and when the talks break down. They believe the real issue lies not between Britain and Japan, but between the Japanese Government and the "young officer" closa.
Members of the House of Commons Britain's many other just grievances evince anxiety lest attention be con centrated too much an Tienisin and be lost to sight.
Some observers
are emphasizing
taken full
The Pollsh Government demands Government leaders and the British Japanese position in China and urge prevent the Settlement being used in
the increasing difficulties that Great Britain endeavour to war can be ended and to take nd-
$3,000, which was up $381 from yes- Initial quotations in gold bars was terday's close and thereafter the price
reached a new high of $3,100,
Profit taking subsequently partially reduced the gains and the market closed at $3,055,
Retallers and shopkeepers of all descriptions lost very little time in adjusting themselves to the new con- ready hoisted 20 per cent. or more. dilons, and prices allround and pl-
will be the dollar's future?
The question on every side is what
and no statement either In Hongkong So far there has been no explana- tion of the Stabilisation Fund's action, or Chungking.
Chinese currency appears to have suffered a drastle loss of confidence
its utmost, and that too successfully, of the to prevent the entry of anti-Japanese on the part of the Shangbai public,--
elements into the Settlement and to Reuter.
Similar events are reported from formulate a definite idea of how the base for anti-Japanese activities.
violation of its neutral position as a Kobe, Gifu. Yokohama, Nagoya, vantage Aomori. Otaru and Muroran in the plore these possibilities.
of the conference to exsistently shown its readiness to con- Furthermore, the Council has con- Hekkaldo. The Kobe branch of the tho
Social Masa Party handed-a-resolu Chinese negotiations fox extended Japanese
It is underslood that the Anglo- sider any proposals made by the tion to the British Consulate-General credits to China, which have been share in thus maintaining peace and for an increase in their on for many months, are order in the Settlement during the likely to be favourably concluded in period of hostiles. the near future-Reuter,
that Danzig should under ho clrcum- stances come under the sovereignty of the Reich. Regarding this, it is re- marked that this is contrary to the uspirations of Danzig which Fahrer-had-determined-to-full Trans-Ocean
Coup Impossibla
there-Domel.
China's Anxiety
are
Paris, July 18.
not asleep,"
London, July 18. "The British
The Foreign Policy Committee of^ writes the Petit Journal on the visit the British Cabinet is expected to of General Sir Edmond Ironside to meet to-day to draft new Instruc- Warsaw. It acis that Britain istions for the British Ambassador in taking all necessary precautions in Tokyo. ready for his conference with Europe and Asla and surprise
3
the Japanese Foreign Minister on impossible.
Wednesday:
coup
Mr. Chamberlain's statement that Japan desires more understanding of Japanese difculties seems to have aroused misgivings among the Chin- ese ere, Lord Halifax is scheduled to receive the Chinese Ambassador
that London in organising at Paris and ting into service their maximum strength. It is the language that theorists of force ought to
under- stand better than anybody else.
The visit of the Regent of Yugo-to-day and the latter will probably
seek information regarding the status
also commented upon by some news probably discuss the papers, which consider that moves to bring Yugo-Slavia closer to the
pence front States may be made during the visit-Reuter,
Poland Determined
The Petit Paristen published
on Tuesday
an interview in which Poland woold resist by force of arms
necessary alone and
France and Britain.
by
unnided
emphasises
now for advanced.
prospects for
carried
FEAR AND DISTRUST Between Johore And Government
day,
Formosan Polica
Yon At Slight Premium
Shanghat, July 10. the local Chinese currency the yen, As a result of the sharp deeline of which recently was at a fractional with buyers paying about 103 Chf- discount, has now gone to a premium, nese cents for overy yen-Reuter.
Local Notes Preferred
Shanghai, July 13. Local firms and banks started at noon to-day accepting Chinese bank notes issued in Shanghai and refused to accept Chinese notes which bore any outport
names
Fund
dollars 10
very stnall and
Sull further, the Chairman has pointed out the Japanese authori-. ties that, according to the Land Re- 'gulations, to which the Japanese themselves are signatories, the sole arbiters in the Settlement are the foreign ratepayers, from whom the Council alone can accept mandates in respect of municipal matters,
is rumoured that this step was The duty of the Council is to taken to prevent the dumping of implement the desires of the foreign North China Chinese bank notes on ratepayers, and not merely the the Shanghai market by Japanese in. wishes of any one Consul acting interests for the purpose of buying the interests of his country.
foreign exchange.—United. Press.
Slavio, Prince Paul, to London of the Tokyo talks and also will i referred to in the report on relations willing to consider the demands for
Singapore, July 18.
Business Drios Up "Fear and distrust" in Johore were
Therefore, although the Council la
London, July 18. China upon which negotiations are Council meeting at Johore Bahru to- ratepayers, it cannot meet further sales of sterling, will cause London To-day's sharp fall in the dollar, between the State the £3,000,000 export credits for Government presented to the State and has already met some of these attributable to the suspension of the and the British the appointment of Japanese pellee; which is believed to be immediately
demanda with the consent of the Anglo-Chinese Stabliisation The possibility of renewed support; for the Chinese dollar has also been
demands if, in the opinion of the The report is the result of inves- ratepayers, the
business in Chinese condition of the virtually dry up. mentioned.
However, Paris, July 10.
Japanese sources
tigations in the Malayanisation" Settlement and the interests of the in movement towards a unified control of Japanese, as against those of other The banks here maintain that they "We can take it for granted that ing the Straits Settlements, Selangor, them. London to-day told the United Press the whole of British Malays; include foreign residents, do not warrant are not justified in taking the risk of Britain will withold further credits Perak, Negri Sembilan and Pahang
overnight fluctuations by purchasing Marshal Smigly Rydz, declares that for Chiang Kai-shek while the Tokyo and also the independent States of in May last year, until autumn, if therefore only
From the time of the occupation, Chinese dollars in large amounts, and the return of Danzig to the Reich, other course would be unwise."
conversations are proceeding. Any Johore. Kedah, Perlis, Kelantan, and was not deemed necessary to ask for occasional transactions generally "re- Trengganu,, which form one of the a preponderating share. In the ad-Presenting withdrawal funds from In Touch With America
in the Colonial Empire... most complex political organisations ministration of the Settlement and China, are reported. British holders the Japanese even withdrew their of such hinds generally feel, however, Great Britain has revealed inten-
consular police and guards. Later, that it is most desirable to leave them contradicts tion of informing the United States present condition of the policy
"Wo are very dissatified with the in spile of the peaceful conditions in China for the present and hope rumours to the effect that negotia-and keeping in close consultation | Malayanisation," the report says. were made for the appointment of a rather than sustain ́n 'very heavy ex-f tlons between Poland and Germany with Washington the "play by play we are convinced it is responsible number
of prevailing in the Settlement, requests for eventual; improvement in the rate are secretly going on-Trans-Ocean, developments in the Anglo-Japanese for the distrust
Formosan police, on the change loas. Italian Viow
conference in Tokyo and it has been
"the" : State of grounds -- that owing to the Sino- The banks stress their unwilling- Indicated that a summary of Satur-
Johore."
Japanese hostilities – di: was prudentness to assist bear speculation against Rome, July 18, day's long taik between Bir Robert! Omdal Italian and foreign diplo Craigie and the Japanese
"The Sultan should take stops to tlone on Kulangsu,
for the Japanese to take all precau- Chinese currency from this end, matic circles have no confirmation of Minister has already been conveyed limited by open agreement among all with the Japanese authorities, care-Fund's resources.
Foreign get the policy properly defined and
especially as such action imposes a The Council, desiring to co-operate further strain on the Stabiilation the reported mediation between Ber-to the Unied States. lin and Danzig.
the governments concerned. We are fully considered these proposals and The main formation is likely to be the United; If left in the present condition, ratepayers. There was no indication generally admitted that the Chinese
channel of such In-suro a state of affairs exists which, laid them before a meeting of the mostly
Chinese and British fanaciers are mystified, although it in States Embassy at Tokyo. Although fraught with danger of more political that the interests or property of the dollar must be allowed to find its own
British spokesmann has reafirmed trouble in Malaya.” Britain's intention of confining the
Japanese in Kulangsu were endan-level. What this lovel is, however.. Tokyo talks specifically to Tientsin, it
and no indication of anti-remains..a matter for The report refers to the treaties Japanese activities, but showing the largely depending on the political speculation, has been admitted that Saturday's signed by Jehore with talks ranged over
the British samo spirit of co-operation, the and economic course of the Chios. a much wider Government in 1855, field. The Japanese Foreign Minis reached by Sultan Abdu and Queen of a Japanese Sub-Inspector and
which were ratepayers granted the appointment Incident.-Reuter, ter, Mr. Arila strongly criticised Victoria, who were personal friends. eleven Farmosan policemen.
It is contended that these treaties and beginning of hostilities.h
These conditions came to an end British commentators now express stitution to the State's people show Ang Jip-hoon. It is known here that the opinion that Japan. visualiser that Johore's spirit is "more demo- the murder had nothing to do with Cleveland, O. neutrality as including The Ohio Institute for Medical passive support for Japan's conquest States:
Britain's eratle" than any other of the. Malay anti-Japaneso activities and had no Assistants the second school in the of China and their active assistance
-political gyvsignificance, ...". Yet, the country to train girls as combination in replacing Chinese currency by the
Nothing To Gain
Japanese made use of the occasion to
The Stamese government has order- doctor helpers and secretaries-is, a Japanese-monsored banknotes...w
od two 10,000-ton: cruisers from Land troops; and to make arrests with Italian shipyards, according to the out regular warrants. Apart from Stralla Times. They will be the first newcomer, to, Cleveland's long list of To-duy's Moscow meeting of the
this set being a flagrant violation of cruisers the Blumeso "pocket schools and colleges. It has class-British and French Ambassadors
the international matus of the Settles have and will be ready for service rooms in a downtown office building with Mr. William Strang and the
PLEASE Tum To Pago Sinem 1040-410
The Polish Marshal
again that Danzig is vital to Poland's interests,
and thus
The majority of diplomats express the opinion that the reports are ex- aggerated especially since they men- tion purported Anglo-German neko- tiations, instead of negotiations be- tween Poland and GermanyUnited
Prett
in
Doctors Secretaries the Britian pelley in China since the the Sulian's grant of a written con- with the unfortunate murder of Mr.
Trained
The Committee said: "Such a State hos obviously nothing to gain but almost everything to lose by entering PLEASE Turn To Page 5..
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