Continuance SPEECHES Of Trade Pact| COMPARED

Programme

Strongly Urged By Mr.

Cordell Hull

The contrast between the

HONGKONG TELEGRAPH

Tuesday,

WESTERN FRONT

NAZIS READY FOR ATTACKS?

Hitler's Tap-Room Diatribe

LUXEMBOURG, Feb. 26 LONDON, Feb. 26 (Reuter).vity on the right bank of the (Reuter)-Great German acti-

WASHINGTON, Feb. 25 (Reu-speeches of Hitler and Mr. Moselle is reported by the cor- Chamberlain was the subject of respondent of the "Obermosel

Zeitung" from Remich. comment in the newspapers of the world to-day."

ter).The resolution for con tinuing the United States present trade pact programme for three years from June 12, which was approved by the House of Representatives on Friday, will

In London the papers expressed warm approval of Mr. Chamberlain's speech. Several of them, including the

"Manchester quoted in their leading articles those pasanges of Mr. Chame berlain's speech in which he set out the Allied peace alms.

be considered by the Senate this Guardian, and the

Aveek.

The resolution is expected to receive a majority of at least eight in the Senate.

Mr. Cordell Hull, addressing the Senate Finance Committee, declared that the continuance of the trade programme was necessary to help to establish sound world conditions after the war.

Futuro Dark, Unless- "Unless we continue to maintain our position of leadership In the pro- motion of Ilberal trade polleles and urge upon others the need for adopt- Ing such policies sa

basis for post- war economie

the re construction future will be dark indeed," he said. "At the termination of hostilities,

for world-wide and for

need

also stressed

The Labour paper, "Dally Herald." statement, that under the present Mr. Chamberlain's German Government there could be no security for the future.

Countries Must Be Freed

All would welcome a peace based on negotiations, but negotiations must be with German rulers who con guarantee their honesty by

freeing the countries which they hove In- vaded.

This reference to the Polca wnd is also stressed in other Czechs papers both at home and abroad.

Commenting on Hiker's diatribe, comments on the "Dall; Express" Hitler's move to the left and con-

He declares that trains were never so, numerous and long..

Columns of forcles, infantry and cavalry are visible, while munition and supply columns are reported to be moving day and night.

The Echternach correspondent of the same puper reports with all res serve that Marshal Goering and four Generals halted on Saturday at the Sauer River from Germany into Echternach bridge, which leads ncross Luxembourg.

Tin Market Buoyant

High Prices Attained In Forward Buying LONDON, Feb. 26 (Reuter).

MOSLEMS' FATE

Safe With Britain But Imporilled By Nazis

February 27, 1940.

Arming Our Trawlers

Tremendous Task Makes

Progross

LONDON, Feb. 20' (Reuter), — In the House Commons to-day, Mr.

The Cairo paper, "Ahrma," in Geoffrey Shakespeare, Parliamentary LONDON, Feb, 26 (Reuter). an article by Deputy Ahmed Secretary to the admiralty, paid hat Mokhtar entitled England and the defensive arming of trawlers and Islam," draws a striking com- proceeding with all speed.

vessels in the North Sea was Moslems under Britain and those which were supplied to Finland were parison between the fate of

He said that the machine guns under Nazis and Bolsheviks.

not so suitable for anti-aircraft de- Deputy Mokhtar relates how, fence as those now being fitted to during a visit to India, he was trawlers and coasting steamers, pleased to observe that the Moslems Tho problem of arming all ships, enjoyed every religious and cultural he sald, was one of very great liberty, and not only in India but all magnitude. porta of the British Empire."

Deputy Mokhtar goes on to describe massacre and persecution of Moslems under the Bolsheviks, "who have oppressed their religion; and beliefs and confiscated schools. and mosques. Such is the life of Moslems under brutal Bolshevism,

the

Mosiom's Prasant Peril "Regarding Narfs, the human mind cannot imagine what Moslems might Auffer if they fell under the Nazi regime. We have plenty of examples

of the

the they commit against

I without any regard for

sacred human rights.

lem

the

He assured the House that it was going on and was not being held up in any way by the fact that arms were being sent to Finland.

Working At Top-Speed LONDON, Feb. 20 (Reuter)-Bri- tish shipyards are fed up with orders, Mr. Winston Churchill, First Lord of the Admiralty, sald yesterday afternoon.

The speed of their output will be increased, he said, and new yards will be arranged.

STOCK MARKET REPORT

Hongkong Stock Exchange Ofeini

there will be an unprecede in-trasts this with what he wrote in Following the International | shevism and Nazism and of ex-Summary report issued yesterday

creased production of useful goods of every kind. Only if this vital need is met can our country and all the other countries hope for full enjoy ment and higher living standards," he concluded.

Washington-is jubilant at the reso- lution of approval made by the House of Representatives.

British Pilot Decorated

"Magnificent Courage" LONDON, Feb. 26 (Reuter) The Distinguished Flying Cross has been awarded to Squadros, Leader Andrew Douglas Farquhar, of the Auxillary Air Force in reconition of gallantry displayed against the enemy.

The Air Ministry states that "Far- quhar led his squadron with magni- icent dash and courage on several occasions," and during this

month while on patrol brought down an enemy plune by shooting so accurately that only a small amount of ammuni- Lion was expended:

"Mein Kampf," in which he hoped to

fight tussia with British approval, posing as the enemy of Bolshevism.

Now he is fighting England with Russian support, so he poses as the enemy of capitalism.

No Originality

is

Tin. Committee's decision to fix the quota for the second quarter at 80 per cent., business was transacted in forward tin up to

£264

among office dealings, representing a rise of £7% on the official closing.

Ils speech contained nothing but threats and displayed no originality.

While some sections of the market It was a tap-room speech,

Typient of American comment

have discussed for some time a cul between 30 and 40 per cent.. the the "New York Herald decision came as a surprise to the that of Tribune," which

says that

Mr.majority of tin merchants and such Chamberlain did not propound peace reduction in the quoit had not been plans, but had put forward a modest discounted in the trading. basis for the kind of peace which

Market circles agree that under the could be obtained it, for instance, new quuta, production approximates the German Army overthrew Nazis and offered to make a reason-no margin for possible contingencies. the the current consumption, but leaves able settlement.

Contrast this with Hitler's ruthless and inhumane diatribe, says the paper. One has only to put the two sperches together to realise where lie the better conditions for Europe and the world.

Mystery Radio Station

U.K. Stocks Comfortablo

18

At the same time, it is not over- looked that the United Kingdom stock position is

comfortable, now evidenced by the readiness of the authorities to grant export Heences more freely.

Some are of the opinion that the Committee's decision may have been influenced by possible representations on the Netherlands interests for a LONDON, Feb. 20 (Reuter)-Post.|higher price in view of the 14 per British Broadcasting Company" from since the war.

COMMON GROUND once engineers belleve that the "new cent, decline in the value of sterling

IN DENIALS Newspaper's Comment

WASHINGTTN, Feb. 26 (Reuter). Commenting on the speeches made by Mr. Chamberlain and Hitler, the "Washington Post" finds "some com- mon ground" in Hitler's denial that he seeks world domination and Mr., Chamberlain's denial that the Allies seek to encompass the destruction of Germany and odds that "Mr. Cham- berlain holds out to Germany a pledge of co-operation.

"It will be Mr. Sumner Welles' mission to and out if this common ground is suliefent to support~~a peace effort, or whether the alternative is to fight to the bitter end," concludes the paper.

only

which unti-British ropaganda was The opinion is held that any such heard on Sunday night is a low power claim would undoubtedly be support- station operating somewhere în "ajed by the British in view of the im- portance of tin as a source of foreign exchange,

distant purt of the Continent."

Muddled Views

LONDON, Feb. 26 (Reuter),A few radio listeners in Britain heard; on Sunday a pathetic nitempt to pro- male or provoke feeling against the British Government,

A radio station railing itself the new British Broadcasting Station with announcements in English came on the air but gave no indication of where it was located.

The announcer spoke os one Bri-

NO BRASS BANDS GREET ARRIVAL OF CANADIANS

FROM PAGE ONE

"We have no doubt that all, Mos- leaders appreciate the perit at present moment and will find no way of escaping the threats of Bel-

terminating then except by co-

until victory over the aggressors is obtained.

operating with Britain and

"Our Interest is Interest in world peace, which lies in the victory

Britain."

of

Bays:

France Business on a most extensive scule has been reported to-dity and is easily the record for a long period. At the

still well close enquiries are

Jn evidence, though in some instances u slight easing off is noticeable. This jatter feature, however, can probably

having regard to the fact that gener- ally there has been a substanial rise in prices during the past few days.

Buyers

AD. SCHEER AT. LARGE be attributed to some prost taking.

FROM PAGE ONE

perts to be the maximum that can be operated on the high seas at any one time-continues to

Sen and the Atlantic. prowl the waters of the North

These U-boats and mines, thus far, have borne the main burden of Ger- many's thrust against Britain, and are responsible for the greater part of the Alled losses.

Aerial mine-laying is believed to have proved too costly und inefleient in comparison with the U-boats, which also plant mines. The Ger- man air Beet, however, has hud con- siderable success In its ·hombing operations.

Close Nazi Secrot

The navy has made a close oficial secret the number, of U-boats that Germany now has, how many she 15 Buliding, and how many have been sunk. naked authoriz gireles 10- night if there was any announcement. expected regarding submarine losses, "I see no reason to expect an an- nouncement," he declared. Later he refused to answer whether his state- ment meant there had been no Ger- man losses.

Well-informed neutral sarees be- lieve Germany had about 71 sub- marines shortly after the beginning of the war, and is now turning out six to eight U-boats a month. By

the end of this year, German pro duction will reach a maximum rate.

H.K. Bank $1,155 Canton Ins. $225 Union Ins. $480 Fires Ins. $100 Wharves $102 Docks $23.60 Providents $4.05 Hotels Sa Lands $304 Humphreys $724 Reallies 544

Tramways $18.30 Yaumali Ferries $27 China Lights (Old) $81⁄2 China Lights (New) $5.00 Electries $68

Macho $214

Sandakan Lights $114 Telephones (New) $11.60 Cements $19.00

Dairy Farms (Old) $234 Dairy Farms (New) $2314 Watsons $9.00

Sellers H.K. Bank $1,480 Hotels $5.05 Tramways $18

China Lights (Old) $9 Electrics $70 Telephones (Old) $32.10

Sales Union Ins. $405 Docks $2334/24 Providents $5 Ifolels $3.80/0/3.00 Lands $39/30/40 Realles $5

Tramways $10.30/.50/.40

Ferries $68 Star

Yaumati Ferries $28

China

Lights (Old) $8.00

ton to another and talked at some got a lovely war to win." A record- length about the British war nims, ing of the men singing this song was

His commentary was chiefly-not-brandcast by the BBC as the observer-of-two-boats-every-three days,-which-string 500/2789 able for the muddied views display-commented, "It's got lots of kick in ed.

The broadcast ended with the Although there were one or two National Anthem.

shurt speeches the occasion was not formal one. It was just a case of

to be a French station has showing that Britain was really glad

A similar broadcast by n station

also been heard.

Mr. Welles Off Topup

See Hitler

ROME, Feb. 20 (Reuter).—It is learned that Mr. Summer Welles is leaving for Berlin on Tuesday night, He saw Signor Mussolini at Venezia Palace late this afternoon.

Hour's Talk With Duce ROME, Feb. 20 (Reuter) —Mr. Summer Welles' talke with Signor Mussolini lasted about an hour.

Immediately afterwards, Mr. Welles returned to his hotel and de- clined to make a statement. ·

Lively Italian interest ROME, Fru. 26 (Reuter) Italian

TWO STEAMERS TORPEDOED

HENDAYE. France, Feb. 26 (Reu- ter)-It has been confirmed that the Spanish steamer Banderas, which was | reported on February 21 to have been destroyed by an explosion, was tor- pedoed by U-boat.

British Ship Lost GLASGOW, Feb. 26 (Reuter) The 4,000 steamer Loch Maddy was torpedoed.

|

to welcome the Canadian airmen and that their coming meant a great deal lo all.

The men have come from all over the Dominion, fromVictoria, B.C., and Aram West Halifax in the east.

Just Disappeared

Most of them are members of the Auxillary Air Force who in peace- time are lumber jacks, shop assistants and so on.

The average age of the men is 22 although some of them have medals and ribbons from the last war.

Interviewed by the BBC observer,

in the North Atlantic on a Canadian officer said that they did February 22. Four licked up by Canada.

were lost not a rousing send off from They Just disappeared, "No

they had gone.

a warship which was believed to one knew they were leaving until have sunk the U-bout.

Swedish Vessel Sunk

After the French section of the LONDON, Feb. 26 (Reuter)-It is squadron had "fellen-in" and had learned that the 3,480 ton Swedish sung that popular song of the last war, "Madelon," they entrained and steamer Santos has been sunk in the were off for their camp, disappearing northern region of the North Sea.

Thirty people were aboard includ-again as they had disappeared from

Indifference to Mr. Sumner. Welles' visit suddenly gave way to an atmos phere of lively interest after he had seon Signor Mussolint and Count Clano.

Immediately after Mr. Welles had xeen Count Clano in the morning, the Italian Foreign Minister hurried to the Palazzi Venezia and spent half an hour, laying the gist of the talking a number of passengers. before Il Duce,.

BOMBAY STRIKE AVERTED

AHMEDABAD, Feb. 20 (Reuter), -The strike has been averted by an appeal by the Governor of Bombay to employers and workers who agreed to submit the dispate to arbitration.

Roosevelt. Continues Southern Tour

PANAMA, Feb, 20 (Reuter).-Pro- sident Roosevelt is returning to Bal- boa on Tuesday morning. Two des- troyers will escort tho. USS. Tus- caloosa.

President Boyd of Panama will- ne- company President Roosevelt through the Canal to Cristobal, after which the President will proceed direct to Pensacola.

Up to the present it is reported that 12 have been saved.

S. Rhodesia's War

Contribution

Canada.

BITTER JAPANESE ATTACK ON SIR VICTOR SASSOON

FROM PAGE ONE "The Japanese authorities have ven serious consideration to the Jewish question and has extended settlement of Jewish

LONDON, Feb. 26 (Reuter),-A communique on the recent conversa. tions between the United Kingdom and the Minister of Defence for Southern Rhodesia was issued by the Dominions Office yesterday,

An agreement was reached, says facilities for the communique, on the financial emigres in Shanghai.

"Over 10,000 Jews have been re- aspects of the contribution of South- ern Rhodesia during the war and siding in peace and security in the arrangements were made to use the Japanese defence vector in Shanghai because of this considerate attitude of Krounki air forces of Southern

the Japanese authorities, which {g Rhodesla to the best possible advan-based upon humanitarian grounds. tage,

Hongkong Aid For Finns

The total donations to the "Friends LONDON, Feb. 20 (Reuter),—Gen- eral McNaughton, General Officer of Finland Fund" have now reached Commanding the Canadian Troops, $10,075, hna taken over the administration of the entire Aldershot Command for the next six days while General Broad

is on IcaVÒ.

A Birther £200 was remitted by telegraphic transfer on Saturday, making a total contribution Iron Hongkong of £005.

"It is regrettable that such a pro- minent member of the Jewish Race should have demonstrated such a lack of appreciation for the Japanese nititude.

"The Japanese authorities have even restricted the influx of civilians, into Shanghai because of Japanese the inevitable housing shortage such mass arrivals would precipitate, but have authorised, from a humanitarian standpoint, Jewish emigres, to settle in the Japanese defence sector large numbers,"

In

is 20 a month or 240 a year.

Men, Not Ships

(in London, British naval circlés pointed out that losses of U-boats should not be mensured in terms of numbers sunk, but in terms of crews that are lost. They pointed out it takes years of experience for naval officers to become proficient at hand- ling submarines, while crews are al- ways hand-picked and highly train

ed. They claimed it was easy to build submarines but extremely hard to build up good personnel.)

Neutral

believe

that about 20 German U-boats have been sunk. These same sources believe

sources

present rate of sinking keep ahead of German building. the British reached a maximum rate They recalled of eight to ten sinkings a month

Macno $21%

Telephones (Old) $31/32/31.80 Telephones-New) $114/1134 Cements $19/4/20/20.20 Dairy Farms (Old) $23/231⁄21⁄2 Walsons $0.60

H.K. Govt. 4% Loan $1003

FINNS ADMIT WITHDRAWAL FROM KOIVISTS ISLANDS

****> FROM PAGE ONE

the British will have to double the in that attitude. Events in Finland

concern only Finland and Russia."

Finnish Withdrawals HELSINGFORS, Feb. 20 (Reu- ter) Following the abandonment of Koivisto Island fortress, it is re- ported that the Finns are prepar-

tho In to evacuato

town of Sakkijaervi, five miles inland op- poalto Viborg and across Viborg Elay.

towards the end of the World War. and boasted a war-long average of

monthly.

4%

German submarine building on a mass production basis is believed now to occupy about 70 of the 75 existing berths, while most remain- ing facilities are devoted to complet ing such ships as the battleships Big- marck and Tirpitz.

240 U-Boats A Year

With each berth able to handle two or more U-boats, this means that about 150 building places are avail- able. It is estimated that it takes about nine months to build each i boat, which gives an average of 240 that can be bulit each

Some delay occurred ds a result of the freezing of canals during the past month. It is understood,

year

To facilitate mass production, the Germans are builoved to be concen- trating on the 250, 500 and 740-ton] classes. Experts discount repeated rumours the Germans are building a swarm of midget U-boats since this would disrupt the present mass pro- duction equipment and boats smaller than 250 tons are imperilled by the] North Sen storms and have only a Imited range.

New Stamp Will

This probably means only evacu- ation of civilians.

The town is exposed to direct bombardment now that Koivisto is In Soviet hands,

Queen's & Alhambra

Starte TO-MORROW!

Weird and Wondrous Boyond Boliafj

CHARLES LAUGHTON

»VICTOR HUGO'S THE

Symbolise Amity HUNCHBACK OF

LONDON, Feb. 20 (Reuter)—The Ismiing of in Anglo-French postagę stamp inter in the year as a symbol of Anglo-French unity is now being discussed between the British Post- mastor General and the French" Minister of Posts and Telegraphs..

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