SPEECHES Tin Market
COMPARED
Hitler's Tap-Room Distribo
Buoyant
High Prices Attained In Forward Buying LONDON, Feb. 26 (Reuter),
LONDON, Feb. 26 (Reater). The contrast between the
Following the International speeches of Hitler and Mr. Tin Committee's decision to fix Chamberlain was the subject of the quota for the second quarter comment in the newspapers of at 80 per cent, business was the world to-day.
transacted in forward tin up to In London the papers expressed
£254 among office dealings, warm approval of Mr. Chumberlain's speech. Several of them, including representing a rise of £7% on the Times" and the "Manchester the official closing. Guardian," quoted in their leading While some sections of the market articles those passages of Mr. Cham- have discussed for some time berinin's speech in which he set out between 30 and 40 per cent.. the the Allied pence alma.
The Labour paper, "Daily Herald," also stressed
Mr.
Chamberlain's statement that under the present German Government there could be no accurity for the future,
decision came as a surprise to the
majority of tin merchants and such reduction in the quota had not been discounted in the trading.
Murket cicelea agree that under the quola, production approximates the current consumption, but leaves no margin for possible contingencies,
new
QA
Countries Must Be Freed All would welcome a peace based
U.K. Stocks Comfortable en negotiations, but negotiations must
At the same time, it is not over- be with German rulers who can guarantee their honesty by treeing looked that the United Kingdom stock
13 the countries which they have in-position now comfortable, vaded.
evidenced by the readiness of the This reference to the Poles and authorities to grant export licences
other more freely, Czechs in also stressed in
pero both at home and abroad, pepero
Commenting on Hiker's diatribe, on comments the "Daily Express"
left and Hitler's move to the trasis this with what he wrote in "Mein Kampf," in which he hoped to fight Russia with British approval, posing ns the enemy of Bolshevism.
Now he, is fighting England with Russlor support, so he poses as the enemy of capitalism.
No Originality
con-
His speech contained nothing but threats and displayed no originality.
It was a lap-roam speech,
Typleat of American comment
that of the "New York Herald Tribune," which
is
says that
Mr.
Chamberlain did not propound peace. plans, but hud put forward a modest
Some are of the opinion that the Committee's decision may have been Influenced by possible representations
the Netherlands' interests for higher prica in view of the 14 per cent, decline in the value of sterling since the war.
The opinion is held that any such claim would undoubtedly be support ed by the British in view of the lm- porfance of tin as a source of foreign exchange.
British Pilot Decorated
bhain for the kind of peace which "Magnificent Courage"
could be obtained if, for instange, the German Army overthrew the
LONDON, Feb. 26 (Reuter).—The Nazis and offered to make, a reason-Distinguished Flying Crass has been able settlement,
awarded to Squadron Leader Andrew Douglas Farquhar, of the Auxillary Air Force in recognition of gallantry displayed against the enemy.
Contrast this with Hitler's ruthless and inhumane diatribe, saya the paper. One has only to put the two speeches together to realise where lie the better conditions for Europe and the world.
Mystery Radio Station
LONDON, Feb. 28 (Reuter).Post
The Air Ministry states that "Far- quhar led his squadron with magniḥ ficent dash and courage on several occasions," and during this month while on patrol brought clown m enemy plane by shooting so accurately that only a small amount of ammiini- tion was expended.
Tuesday,
HONGKONG TELEGRAPH
AD. SCHEER
February 27, 1940.
Continuance MOSLEMS
AT LARGE Of Trade Pact
But Deutschland Has Had Enough
Programme
Strongly Urged By Mr.
Cordell Hull
FATE
Safe With Britain But Imperilled By Nazis
LONDON, Feb. 26 (Reuter). SPECIAL TO THE "TELEGRAPH"
The Cairo paper, "Ahrma," in BERLIN, Feb. 20 (UP).
Jan article by Deputy Ahmed Return of the pocket-battleship
WASHINGTON, Feb. 26 (Reu- Mokhtar entitled "England and Deutschland to a German port ter)-The resolution for con- Talam," draws a striking com- leaves the Admiral Scheer as the tinuing the United States present parison between the fate of only German surface craft oper- trade pact programme for three Moslems under Britain and those ating outside German waters, years from June 12, which was under Nazis and Bolsheviks,
the House of
Deputy Moklitar relates how, anval circles revealed to-night, approved by
India, he WIN One-third of the German 8. Representatives on Friday, will during a visit to
enjoyed every religious and cultural marine fleet- believed by ex-be considered by the Senate this pleased to observe that the Mostems. iberty, "ind not only in India but ali perts to be the maximum that week.
The resolution is expected to can be operated on the high seas
receive a majority of at least eight ports of the British Empire."
Deputy Mokhtar goes on to describe at any one time-continues to in the Senate.
the massacre and persecution of prowl the waters of the North
Mir, Cordell Hull, addressing the Moslems under the Bolsheviks, "who Senate Finance Committee, declared have oppressed their religion and Sea and the Atlantic.
that the continuance of the trade
and
Programme was necessary to help to bellefs and confiscated schools establish sound world conditions after mosques. Such is the life of Moslems
under bruto) Bolshevism.
the war.
Futura Dark. Unless— "Unless we continue to maintain our position of leadership in the pro-
Mostem's Present Poril "Regarding Nazis, the human mind cannot imagine what Moslems might suffer if they fell under the Nazi
"We
no
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 Allied Josses.
Aerial mine-laying is believed to have proved too costly and ineficient in comparison will the U-boats, motion of liberal trade policies and regime. We have plenty of examples which also plant mines. The Ger- urge upon others we need for adept of the atrocities they commit agains! ing such policies as a basis for post-the conquered without any regard for man air feet, however, has had cop-
economie reconstruction the siderable success in its bombing war
future will be dark indeed," he said. Įsacred
Aan rights. "At the termination of hosilitics,
doubt that all Mos- operations.
Close Nazi Secret The navy has made a close official there will be an unprecedented need lem leaders appreciate the peril at secret the number of U-boats that for world-wide and for vastly in the present moment and will find no creased production of useful goods of way of escaping the threats of Bol- and of ex- Germany now has, how many she 13 building, and how many have been every kind. Only if this vital need shevism and Nazism
terminating them except by co- is net can our country and all the term sunk. I asked authorized circles to other countries hope for full enjoy-joperating with Britain and France night if there was any announcement
ment and higher living standards" until victory over the aggressors is expected regarding submarine losses.
he concluded.
obtained. "I see no reason to expect an an-
Washington is jubliant at the reso- "Our interest is interest in world nouncement," he declared. Later he refired to answer whether his state-lution of approval made by the House peace, which lies in the victory of
of Representatives,
Britain." meft meant there had been no Ger- man losses,
Well-informed neutral sources 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
of two boats every three days, which is 20 a month or 240 a year.
Men, Not Ships
(In London, British naval circles) pointed out that losses of U-boats) in terms of should not be measured in numbers sunk, but in terms of crews that are lost.
They pointed out it takes years of experience for naval officers to
to become profclent 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 sources belleve that about 20 Germum U-boats have been the British will have to double the present rate of sinking to keep ahead
Office engineers believe that the "new COMMON GROUND Geese sources believe
Brilish Broadcasting Company" from which anti-British propaganda was heard on Sunday night is a low power station operating somewhere in "n distant part of the Continent."
Muddled Views
IN DENIALS
Nowspaper's Comment WASHINGTTN, Feb. 26 (Neuter). LONDON, Feb. 28 (Reuter)--Commenting on the speeches made few radio listeners in Britain heard by Mr. Chamberlain and Hitler, the on Sunday a pathetic attempt to pro-washington Post" Ands "some co- mote or provalte
feeling against
mon ground" in flitler's denial that the British Government.
he seeks world domination and Mr.
The announcer spoke as one Bri-
Sumner
Welles'
A radio station calling self the Chamberlain's denial that the Allles new British Broadcasting Station seek to encompass the destruction of with announcements in
in English caine Germany and adds that "Mr. Cham- on the air but gave no indication of berlain holds out to Germany a pledge where it was located.
of co-operation.
"It will be Mr. on to another_and_jalked at some mission_to_find_out_if_this_common. fength about the British war aims.
ground is sufficient to support a only His commentary was chiefly not-peace effort, or whether the able for the muddled views display-jalternative is to fight to the bitter ed.
[end," concludes the paper. The broadcast ended with National Anthem.
the
A similar broadcast by a station S. Rhodesia's War
purporting to be a French station hos also been heard.
Roosevelt Continuos Southern Tour
Contribution
LONDON, Feb, 26 (Reuter).A communique on the recent conversa~ tions between the United Kingdom and the Minister of Defence for PANAMA, Feb. 20 (Reuter)-Pre- Southern Rhodesin was issued by the sident Roosevelt is returning to Bul-Dominions Office yesterday. boa on Tuesday morning. Two des- An agreement was reached, says troyers will escort the U.S.S. Tus- the communique,
on the financial aspects of the contribution of South- President Boyd of Panama will ac-ern Rhodesin during the war and company President Roosevelt through arrangements were made to use the the Canal to Cristobal, after which ground nir forces
Southern the President will proceed direct to Rhodesia to the best possible advan- Pensacoin.
tage.
caloosa.
of
No Brass Bands Greet Arrival of Canadians
of Gerinim building. They recalled of eight to ten sinkings
the British reached a maximum rate]
a month towards the end of the World War, and boasted a war-long average of
monthly.
German submarine building on a mass production basis is belleved now to necupy about 70 of the 75 existing berths, while most remain- Ing facilities are devoted to complet- ing such ships as the battleships Bis- marck and Tirpitz.
U.S. Loan To China
Japan Is Seriously
Concerned
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 a U-boat.
British Ship Lost The 4,900 steamer Loch Maddy was GLASGOW. Feb. 20 (Reuter).—
SPECIAL TO THE "TELEGRAPH” TOKYO, Feb. 27 (Domel).—The pro- posed new American loan to China farmed the subject of comment by the spokesman of the Foreign Office torpedoed in the North Atlantic on February 22. Four lives were lost during to-day's. Press conference.
The spokesman warned that the and 35 survivors were picked up by lean, if granted, would be regarded warship which was believed to by Japan with serious concern, "even have sunk the U-boat. if it does not directly foster Chung-
LONDON, Feb. 26 (Reuter)-It is sing's realstafce to Japan,
The spokesman admitted that a learned that the 3,480 ton Swedish foreign loan to China In any form steamer Santos has been sunk in the would certainly strengthen the poli-northern region of the North Sea. tical situntion for Generatissimoj Chlatut Kal-shek.
Mr. Welles Off To
See Hitler
ROME, Feb. 20 (Reuter).-It
.
Swedish Vessel Sunk
Thirty people were aboard includ- ing a number of passengers.
Up to the present it is reported that 12 have been saved.
New Stamp Will Symbolise Amity Symbolise
learned that Mr. Sumner Welles is
LONDON, Feb. 28 (Reuter),The leaving for-Berlin on Tuesday night.)
He saw Signor Mussolini at Venezia issuing of an Anglo-French postage stump later in the year as a symbol Palace late this afternoon.
Hour's Talk With Duce of Anglo-French unity is now being discussed between the British Post- ROME, Feb. 26 (Reuter).--Mr.
master General and the French Sumner Welles' talk with Signor
Minister of Posts and Telegraphs. 240 U-Boats A Year
Mussolini lasted about an hour.
Immediately afterwards, With each berth able to handle two
Mr.seen Signor Mussolini, and Count or more U-boats, this
that Welles returned to his hotel and de- Ciano. about "150" building places are avail-clined to make a statement. able.
It is estimated that it takes about nine months to build each boat, which gives an average of 240 that can be built each your. Some! delay occurred as a result of the freezing of canals during the past month. It is understood.
Mens
this
To facilitate mass production, the Germans are believed 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 would disrupt the present mass pro duction equipment and boats smaller than 250 tons are imperilled by the North Sea storms and have only a limited range.
Immediately after Mr.-Welles-had- Lively Italian Interest
scen Count Ciano in the morning, ROME, Feb. 30 (Reuter)-Italian the Italian Foreign Minister hurried indifference to Mr. Sumaer Welles' to the Palazzi Venezia and spent half visit suddenly gave way to an atmos- an hour, laying the gist of the talks phere of lively interest after he had before Il Duce.
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On Sir Victor Sassoon Chantecler
SPECIAL TO THE "TELEGRAPH" SHANGHAI, Feb. 26 (Domei).The prediction that the Japanese People will soon turn against their Army
Arming Our because of the impending economic collapse and the
Trawlers
"belief that much is supposed to go to the Army is sticking to the fingers of the Army's higher-ups," assertedly Tremendous Task Makes made at New York on February 24 by Sir Victor Sassoon,
Progress
the well-known British financier in China has been LONDON, Feb. 26 (Reuter).In vigorously assailed by the Japanese Embassy spokesman. the House Commons to-day. Mr.
The spokesman described Sir have authorised, from a humanitarian Geoffrey Shakespeare, Parliamentary Secretary to the Admiralty, sald hat Victor's statements as a "gravo standpoint, Jewish emigres, to settle
large numbers." LONDON, Feb. 26 (Reuter).—A description of the coasting vessels in the North Sea was Japanese Army but also against |
the defensive arming of trawlers and slander not only against the in the Japanese defence sector in
DE
with all speed. landing of the first squadron of the Royal Canadian Air
Bald that the machine guns the Japanese people." which were supplied to Finland were Force on Sunday at a north-western coastal port was not so suitable for unti-aircraft de- broadcast from Daventry yesterday by a BBC observer. fence as those now being Atted to
trawlers and consting steamers. The most striking aspect of ju formal one. It was just a case of The problem of arming all ships, one of very great the landing, he said, was its showing that Britain was really glad he said, was
to welcome the Canadian almen and magnitude. simplicity..
that their coming meant a great deal He assured the House that it was There were no brass bands or to all.
Hoing on and was not being held up cheering crowds.
The men have come from all over in any way by the fact that arms
were being sent to Fluland.
Working At Top-Spoed LONDON, Feb. 20 (Reuter)-Bri- tish shipyards filled up with orders, Mr. Winston Churchill, First Lord of the Admiralty, said yesterday
It was not an occasion for eye-the Dominion, fromVictoria, B.C., and wash, it was an actual incident. In from West Halifax in the east.
war Ume and an Important one,
A complete squadron, trained and
equipped on active service, was landl
Just Disappeared
Most of them are members of the ing according to pre-arranged plans. Auxillary Air Force who in peace
It was a grey misty morning and time are lumber jacks, ahop usalatants the ship was close on shore when and so on.
The average age of the men is 23 although some of them havo medala
it was frat sighted.
Brake Into Song
As soon as the men dicembarked and ribbons from the test war. they were "fallen-in." As they did
Interviewed by the BBC observer,
so they kept on bursting out into song a Canadian officer anld that they did which those on shore could hear as not got a rousing send off from Canada. They just disappeared. No the ship came into view,
A song, written by one of the aqua- one know they were leaving until dron's own officers, is entitled "We've they had gone.
After the French section of the and had got a lovely war to win." A record- ing of the men singing this song was squadron had "fallen-in" broadcast by the BBC as the observer sung that popular song of the last commented, "It's got lots of kick in war. "Madelon," they entrained and were off for their camp, disappearing Although there were one or two again as they had disappeared from short speeches the occasion was not Canada.
afternoon.
Bre
The speed of their output will be increased, he said, and now yards will be arranged.
Hongkong Aid For Finns
Japanese military and naval spokes-Queen's & Alhambra men associated themselves with this
Starts TO-MORROW! attack, which, the spokesman re-
marked, was based upon the assump- tion that Mr. Sassoon had not been misquoted.
Jews In Shanghai The report quoting Sir Victor has "painful surpriso among entsed Shanghel's Japanese community and officials," the spokesman said.
"In their eyes Sir Victor is a mem- ber of the Jewish nace," he added.
"The Japanese authorities have given serious consideration to the facilities for the settlement of Jewish Jewish question and has extended emiares in Shanghel.
"Over 10,000 Jews have been re- alding in peace and security in the Japanese defence sector in Shanghai because of this considerate attitude of the Japanese authorities, which in based upon humanitarian grounds.
"It is regrettable that such a pro- minent member of the Jewish Race should have demonstrated such a lack of appreciation for the Japanese altitude.
The total donations to the "Friends of Finland Fund", have now reached Japanese authorities have $10.974.
A further £200 was remitted by oven restricted the influx of Japoneso telegraphic transfer on Saturday, civilians, into Shanghai because of total contribution from the Inevitable housing shortage auch making a
make arrivals.would precipitate, buț Hongkong of 2005.
Weird and Wondrous Beyond Bollof!
CHARLES LAUGHTON
VICTOR HUGO'S THE
HUNCHBACK OF
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