1920-05-18 — Page 1

Page

GLASSES

WILL GIVE YOU

[A“ BRIGHTER OUTLOOK

OF LIFE..

N. LAZARUS

OPHTHALMIO OPTICIAN..

9. Queen's Road Central, Homaksug

The China Mail

ESTABLISHED

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CHEMICAL

FIRE EXTINGUISHERS

TO SUIT CALL

PURPOSE

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May 18, 1920, Temperature.

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No. 17,958.

二拜禮

八十五年十二彐几千一类

HONGKONG, ・ TUESDAY, MAY 18, 1920.

May 18, 191, Temperature 54

日一初月陞申庚孟年九國民奉中

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17

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+

(Reuter's Service to the China Mail.)

FRENCH AND BRITISH POURPARLERA.

LONDON, May 15, At a conference between. Mr. Lloyd George and M. llerand to-day it was agreed to postpone the Spa conference till after the German general elections. The date of Jute 21 was provisionally suggested. It was agreed that the Versailles treaty be maintained in full force, particularly as regards 'the disarmament clauses, whose enforcement should not be postponed unti after the Spa meeting. In other words the question of disarmament will not be discussed at Spa. As regards reparations M. Millerând provisionally assented to fixing a definite sum subject to certain conditions, one whereof is that France shall receive payment on account from the Germans. Financial experts are to be consulted on the question of how Germany can pay. The progress made was such that it is hoped M.. Millerand will be able to return to Paris tomorrow.

After sitting the whole afternoon the conference adjourned till Sunday morning. Everything is proceeding satisfactorily.

The conference sat the whole morning. Mr. Bonar Ew was present, It concluded early this afternoon when M.. Millerand and the French mission departed to Paris. An official statement says the British and French governments. recognise that on one hand it is to the general interest that reparation for lg and damage due to war should be secured as soon as possible and thy this object the necessary resource should be made effectively tallable without delay; and on the other band it is desirable that Germay be put in a position to regain her financial autonomy by the speedy fulfilment of her obligations...

The two governments therefore, opine that in der to solve the economic difficulties which are gravely weighing upon the world and mark the defnite beginning of the era of peace, it is important to reach a settle ment which will embrace the whole Body of fäternational liabilities which are left as a legacy of war and which will at the same time ensure the parallel liquidation of the inter-allied war debt and reparation

፡፡

debts of the central empires. Accordingly experts from each of the two countries will be charged, firstly, to prepare immediately for examination by their two governments pru. posals for fixing a minimum total for the German debt which will be the same time capable of acceptation by the allics and compatible with German's capacity to

pay; second y, to determine the method of payment and the capitalisation of Germany's debt which will be best calculated to assure the realisation of the general views expressed above; thirdly to establish conditions for division between the allies of the payment by Germany in accordance with agreements which certain allies have already reached, and which remain to be definitely set. tled in the case of other allies....a code ELANTA

A CUTE ARRANGEMENT.

J

It is explained that payment of allied indebtedness will proceed pari. passu with Germany's payments. Thus if Germany does not pay for two years, payment by allied debtors to allled creditors will be similarly postpered.

Elucidating this communique by examples, if Germany has to make pay- ments extending over a certain number of years, the allied debtors would pay allied creditors at the same rate. As regards the allied division of German payments it is pointed out that an agreement already exists whereunder $5 per cent, goes to the French, and 25 to the British, bút Belgium has a fixed priority of charge. The French advanced proposals Involving priority in reparation but the alternative solution outlined prevailed, and an agreement reached which the premiers regarded as a fair and reasonable settlement of a tangled problem. France gets very valuable benefits at the British expense but the latter is making concessions which she regards as right and just to France.

All eyes were directed on this conference held during the weekend. The Lloyd George and Millerand discussions were held at Phillip Sassoon's villa at Lympne, their respective staffs being housed at Hythe.

L

POLISH OFFENSIVE CONDEMNÈD.

LONDON, May 15.

The League of Nations Union publishes correspondence between Lords Robert Cecil and Curzon on the subject of the Polish advance. Lord R. Cecil, writing on May 3, strongly condemns the Polish offensive and hopes the British government will immediately summon the Council of the League of Nations to deal with the situation. Lord Curzon replied on May 11. He denied that Poland was preparing to attack Russia for months past. He declared that the Poles endeavoured to open peace negotiations that were genuine and only abandoned when the Poles learned that the Bolsheviks were concentrating opposite their front the large supply of guns and materials captured from Denikin. Lord Curzon says it is impossible to invoke the intervention of the League of Nations to check an offensive in an unfinished war. The League of Nations would be in a difficult position if it attempted to mediate between Poland and the Russian government which does not recognize the League authority. Lord Curzon disagrees with Lord R. Cecil's view that Estonia and Latvia are hostile to Poland. Lord Cecil replied on May 13, dwelling on the disease, starvation, and misery in eastern Europe, and hoping that even now steps I might be taken to retrieve the position,

[Note Lord Curzon's reference to a concentration or the Polish front. He does not mention that this front is in Russia, as bounded by the Peace Conference.-Ed, CM]

BUSY PORT OF LONDON.

LONDON, May 15.

A statement issued by the Port London authority says the position of shipping at the docks on May 12 was 74 discharging. 21 loading, 46 lying up, repairing, or bunkering, two waiting at dock to discharge or load, and one waiting in the river to dock. The total toonage was 441,525.

KING WANTS CITIZEN ARMY

LONDON, May 15.

(Reuter's Service to the China Mfail.)

CONSTANTINOPLE OUTRAGE.

CONSTANTINOPta, May 14th- A policeman notempted to shoot the Grand Viner. but only wounded attendant. The would-be assain arrested,

THE PRINCE OF WALES.

SYDNEY, May 14th.

An.

WIS

Labour Council, after a heated debate, has decided not to participate in the welcome to the Prince of Wales.

EMPIRE MOTOR FUEL.

LONDON. May 13th. An Empire Mutor Fuels Committee has been appointed with a view to developing the production of additional supplies in all parts of the Empire.

OBITUARY.

LONDON, May 13th. The death is announcement of Mr. Ronald Burrows. Principal, King's -Uni- lege London.

COUNTY CRICKET.

LONDON, May 14th Marylebone beat Nottinghamshire by 5 wicket.

Lancashire beat Leicester by 198 runs. Sussex bear Warwick by 138 runs. In the Sussex second innings H. Wilson

scored 197

TAXATION OF WAR WEALTH.

Loxbox, May 13th,

commercial Representative banking, and Stock Exchange bodies have inde representations to the Select Committee strongly criticising the scheme for the levy on war fortunes and urging the danger of financial panic if the levy is imposed,

MANCHESTER WEEKLY MARKET REPORT.

Messrs. James F. Hutton & Co.. Ltd., Manchester, report on April 14 as follows:-.

Since the issue of our last report raw material values have been affect- ed almost entirely by speculative in-. fluences, the trade-demand remaining very quiet. At New York prices have risen steadily. the market being domi- nated by persistent bad weather and labour reports from the growing States which have resulted in a good deal of apprehension over the new crop our- look. This has not however had the effect a raising prices for American cotton as Liverpool, there having been a further appreciation in sterling ex- change as the result of which rates there have steadily declined. Egypt- ian has been in greater demand and prices are firmer and considerably higher. Reports or the new crop from Alexandria are more encouraging and state that the weather conditions, are fairly good, land preparation is in full. swing and it is rumoured that the acre- age under cultivation is the largest on record. In the yarn and cloth mar- kets there is again an absence of new features to report. The opening after the holidays was extremely quiet and there is sull no improvement in the demand.. Producers are however un- disturbed by the continued inactivity being still confident in the belie! that a renewal of buying will set in before present engagements are worked off. The wages advance is also still uncer discussion, and whilst a settlement of this question remains in suspensc with the possibility of a strike at the end of the month, both spinners and manufacturers show little keenness to go further ahead. Prices remain firmi and unchanged but should the pre- sent lack of demand be prolonged there can be little doubt that there would be a considerable falling off in values. Eastern cablegrams are now coming to hand very much quicker. many of them taking one day only in transmission. The larger outlets stil! remain very inactive, however. China enquiry is now on the smallest scale and although India offers are slightly more frequent, fiule has resulted as yer; dhoories, for which the absence of demand has been so marked that makers and frishers have, had to turn. their machinery on to the other classes, are rather more active. South America, Java and the Straits have accounted for miscellaneous Tots but of small dimensions. The Home Trade also remains quiet. Silver 15 again lower, mainly through China: selling,

BOWEL COMPLAINT IN

-CHILDREN."

URING the summitoonths childron

The King received at Buckingham Palace the lord-lieutenants are subject to disordect of the counties, ford mayors and provosts of Great Brit, whom be addressed on the subject of reconstruction of the territorial army. He said the territorial army should be reconstituted in order to become the foundation of the army system. Every possible step should be taken to speed, the work. He invited those present to enlist the sympathy of employers in the formation of an indispensable volunteer citizen army

bowe's and should receive the most careful attention. As soon as any arnatural looseness of the bowels is. noticed Chamberlain's Collo aad

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and OUTFIT TER

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